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1. Embed this notice
   Fish of Rage (sun@shitposter.world)'s status on Sunday, 28-Apr-2024 22:33:34 JST Fish of Rage

   in reply to

   • Hoss Delgado
   • dobó istván
   • billiam :4chan:
   @istvan @billiam @Hoss junk silver doesn't have to be authenticated as well (there are new ways to fake junk silver so you have to a little but can be done independently without drilling) and silver quarters are small nought they don't need to be divided. if you're old you can take your stash of silver and trade it to normal people for bucks every week and not pay taxes.
   • Embed this notice
     dobó istván (istvan@noauthority.social)'s status on Sunday, 28-Apr-2024 22:33:35 JST dobó istván

     in reply to

     • Hoss Delgado
     • billiam :4chan:

     @billiam @Hoss The value of junk metal is when you can buy it under spot on the secondhand market, or get it in the form of an object with utility you need anyway.

     That's where cash for gold/silver makes good money. You buy 20% under spot, sell to refiner 5% under spot, and make 15%.

     As long as you are doing volume it is good money.

   • Embed this notice
     dobó istván (istvan@noauthority.social)'s status on Sunday, 28-Apr-2024 22:33:36 JST dobó istván

     in reply to

     • Hoss Delgado
     • billiam :4chan:

     @billiam @Hoss I have never advocated buying coins.

     In fact, in EVERY SINGLE CASE I have said buying coins is retarded. There is so much loaded onto that cost you need to recover, and the supplies are manipulated.

     I tell everyone, again and again, but casting shot for making jewelry.

     It's priced 4%-5% over spot, includes exact metal composition info, and can instantly be cashed for value because it is in the form of ultimate utility.

     Additionally, unlike coins, grain can be divided.

   • Embed this notice
     billiam :4chan: (billiam@shitposter.world)'s status on Sunday, 28-Apr-2024 22:33:37 JST billiam :4chan:

     • Hoss Delgado
     • dobó istván
     @istvan @Hoss What do you think of this excerpt?
     Basically Argentina kind of collapsed and "junk gold" was better value for money than "premium quality gold" since few people could tell the difference
     
     >Someone hit me in the head please because I messed up about the gold issue.
     
     >Everyone wants to buy gold! “I buy gold. Pay cash” signs are everywhere, even on TV! I can’t believe I’m that silly! I just didn’t relate it to what I read here because they deal with junk gold, like jewelry, either stolen or sold because they needed the money, not the gold coins that you guys talk about. No one pays for the true value of the stuff, so big WARNING! Sign on people that are buying gold coins. Since it is impossible to determine the true mineral percentage of gold, small shops and dealers will pay for it as regular jewelry gold. What I would do if I were you: Besides gold coins, buy a lot of small gold rings and other jewelry. They should be less expensive than gold coins, and if the SHTF bad, you’ll not be loosing money, selling premium quality gold coins for the price of junk gold. If I could travel back in time, I’d buy a small bag worth of gold rings.
     
     Source: https://ferfal.blogspot.com/2008/10/thoughts-on-urban-survival-2005.html