Apmex.com is kinda the "gold" standard (hehe) for purchasing precious metals, but there at least half a dozen others I'd recommend. Silvertowne I've purchased from (no issues), as well as JMBullion, ProvidentMetals, ScottsdaleSilver, SDBullion, GainsvilleCoins. In the PM community, I've never heard of uphold.com as a reputable dealer or heard of anyone purchasing physical metal from them. I would avoid, if it were me, but do research and see if it's for you. I'd recommend spreading your purchases around a few different dealers. Apmex is like the Amazon of PMs kinda. The premium is higher, so you'll pay more in the end, but their customer service is top notch for buying or selling. Or MidwayUSA if you're into firearms. I like to advocate for choices and there are many great choices for PMs.
Checkout the sidebar on reddit.com/r/silverbugs for well-known dealers and search the forum for reviews from folks. If you have a local PM dealer, I'd highly recommend developing a relationship with them for buying AND when it comes time to sell. You'll always get a better Sell price with some premium attached, when it comes time to offload - compared to selling to online dealers. Disclaimer: I've never sold any PMs and I don't have a good LCS (local coin store) where I'm at, unfortunately.
I've purchased from quite a few online PM dealers over the years and have had ZERO issues with anyone on a .com site. You can find awesome deals on EBAY, but that I'd ONLY recommend for experienced purchasers that have the ability to verify/test the metal they receive - too many counterfeits on Fleebay.
I'd be happy to answer any questions with PMs and share my experience so just use the private message system on here.
Last thing: precious metals are a STORE OF VALUE, not an investment vehicle. So whatever happens with regard to the monetary system, I'd stack metals AND cash. Metals to preserve your current financial health and cash so you can buy back into the market when or if it goes down. I believe the stock market is due for a reset, but it's anybodies guess at this point.
I have heard people speak well of Scottsdale mint. Be sure to get the actual metal, don’t hold certificates or any stupid shit like that. Don’t buy bitcoin, it’s invisible. Get the metal
Horrible advice, unless you’re really rich and really risk tolerant
You know what happens if a stock runs while you’re in a short position? You’re fucked, and if you can’t stand the pressure, possibly liquidated.
A stock cannot go below zero. Long, you lose your investment, short, if a stock goes up, your risk is literally infinite. You will owe money when you’re wrong.
If you want to short and you’re not rich, buy far out puts, or buy puts and calls on either side and capture the volatility
Look for options with low implied volatility that could move a lot and have low prices due to low IV. For instance Twitter puts printed for me, but at least my losses are capped until the expiry.
Don’t try to time the markets or you will be crushed
I was short SolarWinds with puts and it ran on me Monday, I came out ahead overall but it was a five figure fuck up
Don't exactly think stocks in general are a safe bet.
Continue on course as you were, or do something that has significant tangible value - VALUE YOU CAN PROTECT.
Land is good and all, but are you prepared to stop the seizure of that land if that happened?
Gold is easier to hide, and holds some tangible value, but if stuff really hits the fan that may not be so relevant.
Most useful things right now I figure are things that you can use to ensure your safety. Buying, learning, and getting licensed in (Before anyone complains about licensing not being necessary - if you don't know what you're doing on them things, you just might interrupt the very operations you want to see happen. Similarly, you probably shouldn't be drawing the attention of the feds at a time like this.
Getting a license shouldn't be hard if you already know what you're doing.
If you don’t have debt you won’t reap rewards of jubilee
If you don’t have gold/silver you miss the reset
If you don’t have crypto, XRP XLS you miss out if that becomes the new currency.
High tech could go to shit, or the companies could get reformed and then the stock market booms.
Cash has to be converted to the new currency, right? It’s supposed to be backed by gold. So... if you keep cash, it’ll become a gold-backed currency anyway, right?
Liquidated all my retirement stocks today.
No matter what happens, the market is going to go APE SHIT, either under a left winger like Biden as President or if all of DC is rounded up.
I'll advocate for Gold and Silver over crypto any day of the week. I'd highly, highly, highly recommend buying into either a Silver fund like SLV, or physical silver buillon.
See, I like this question, because it brings out the "prepper" in me, which is like, OG Q status. But, people (I believe) are equating two different things. Assets vs money.
What should you be INVESTING in? Well, if you're just talking straight up stock market money, then tech and government. Sounds counter productive since tech and government are potentially the two literal things that are going to potentially topple, but they are also the two things to go substantially up. I personally think it's a little late in the game for that play (investing in it. I think you should have already had your money in it), so I would just move your money out of anything risky right now and let it sit. If you are a hardcore believer (which is awesome, we all should be), then you'll agree, that there's either less or no harm in two weeks of sitting, then reinvest when you feel comfortable. If you're super crazy up on something right now and don't want to divest and lose more potential, then don't. But regular stuff that might be up or down depending, maybe move it out and just wait for a week or two.
Now, what ASSETS should you be investing in? Well... That's where it depends again on how far the rabbit hole you want to go down. Are you expecting to be trading handies for cigarettes and coffee in the next month? If not, then don't worry too much. Just get yourself a 3-10 day supply of food and water for yourself and your family and you're good to go. Frankly, that's what you should have in general on just a normal basis.
If you are a little on the more extreme side and want to have "trade and barter items" available, then take that as you wish. Vices are always a good bet. Tobacco, alcohol, and drugs (prescription pain killers) are general go-to's. I personally DONT think the whole world will come crashing down in 10 days. (In the sense that we need to have all that ready at least.) Meaning I think rule of law will still be widely accepted, so I am a bit more in the middle. I have food, water and security/protection for myself and my family (don't forget about pets) for about 4-6 months. This goes for soap, electricity (renewable), and other essentials as well. Do I think I'm going to use any of that? Highly likely no. But it's not hard to prepare slowly over time and just be generally prepared. So, again, I think it's a little late in the game to be scrambling for tangibles, but I think you can get some food/water/toiletries and essentials for your family and call it good. If you have a means of protection and communication even better.
And finally, ammo and cash. This is a mix of tangible and funds. Ammo obviously being important if you ever had to USE your firearm, and cash being important due to power outages not allowing card readers or banking systems to work, even while the rule of law is widely still around and followed. Hope that makes sense and I didn't ramble too much.
TLDR;
Cash is king, maybe make less risky stock decisions for the time being. Metals and stuff are probably fine.
Food, water, and essentials (meds, etc), for your family are paramount (3-10 days at least).
Ammo and communication are smart to have as well.
Other trade items if you want to go a little more hardcore.
I left my 401k as-is. Not planning on touching that thing for so many years, that its best to probably just leave it.... might even make for some good investments when the stock crashes again like it did in March.
All my personal investing like robinhood I liquidated minus a few gold supply chain things.
Planning on going to buy a ton of bulk silver dimes as soon as I can, its not as hard to trade as gold, and can be much more easily split to pay for day-to-day requirements, assuming we go to a gold/silver standard again. Gold is very hard to get small enough to do something with it like buy a gallon of milk from a farmer.
My plan is to get back into the market once a new president is declared (which if Q succeeds, could even be March before Trump is re-elected).
Bitcoin is crashing, and bitcoin has a massive portion of mining done in China, so buying bitcoin is basically putting your entire wealth at the hands of CCP (they could, at any moment, tell the miners to fuck up the blockchain and double spend everything).
BCH may be a little better off, and it has lower tx fees, but... any digital currency is gonna be a hard pass I think if Q succeeds... think, digital currencies are for the NWO, if there is no NWO, we don't need bitcoin.
Gold and silver at the very least
Invest in God and ur own spiritual well being.
Gold and silver is what I've been told. I really should get some.
same. how will you do it?
I have an account with uphold.com, I'll probably buy it there. I have no idea if that's the ideal way to do it though.
Order from a reputable silver dealer online or buy at your local dealer. Online I have purchased from silvertowne.com
wrote down your and suggestion of the other guy
anyone else?
I bought from usagold.com. not bad, but i dont have any other to compare them to. Seemed like an easy process. Call, order, delivered.
Apmex.com is kinda the "gold" standard (hehe) for purchasing precious metals, but there at least half a dozen others I'd recommend. Silvertowne I've purchased from (no issues), as well as JMBullion, ProvidentMetals, ScottsdaleSilver, SDBullion, GainsvilleCoins. In the PM community, I've never heard of uphold.com as a reputable dealer or heard of anyone purchasing physical metal from them. I would avoid, if it were me, but do research and see if it's for you. I'd recommend spreading your purchases around a few different dealers. Apmex is like the Amazon of PMs kinda. The premium is higher, so you'll pay more in the end, but their customer service is top notch for buying or selling. Or MidwayUSA if you're into firearms. I like to advocate for choices and there are many great choices for PMs.
Checkout the sidebar on reddit.com/r/silverbugs for well-known dealers and search the forum for reviews from folks. If you have a local PM dealer, I'd highly recommend developing a relationship with them for buying AND when it comes time to sell. You'll always get a better Sell price with some premium attached, when it comes time to offload - compared to selling to online dealers. Disclaimer: I've never sold any PMs and I don't have a good LCS (local coin store) where I'm at, unfortunately.
I've purchased from quite a few online PM dealers over the years and have had ZERO issues with anyone on a .com site. You can find awesome deals on EBAY, but that I'd ONLY recommend for experienced purchasers that have the ability to verify/test the metal they receive - too many counterfeits on Fleebay.
I'd be happy to answer any questions with PMs and share my experience so just use the private message system on here.
Last thing: precious metals are a STORE OF VALUE, not an investment vehicle. So whatever happens with regard to the monetary system, I'd stack metals AND cash. Metals to preserve your current financial health and cash so you can buy back into the market when or if it goes down. I believe the stock market is due for a reset, but it's anybodies guess at this point.
I have heard people speak well of Scottsdale mint. Be sure to get the actual metal, don’t hold certificates or any stupid shit like that. Don’t buy bitcoin, it’s invisible. Get the metal
I bought SPY puts dated 1/20 340P.
Yeah that is another good one.
Assets...tangible that hold value no matter what currency becomes worthless...land, guns, ammo, etc.
Is it good to buy a property now or after?
Hard question tbh
Short TWTR, FACE, GOOG or AMZN.
Do not long anything.
short twitter to at least 33-34
Perhaps some gambling money in Bitcoin. People might panic buy when SHTF or during the scare event Q mentioned.
I think the Pedos are going to do this and then they might outlaw exchange of it.
I think they already are doing this and that's why the price has increased so much recently.
100%
Horrible advice, unless you’re really rich and really risk tolerant
You know what happens if a stock runs while you’re in a short position? You’re fucked, and if you can’t stand the pressure, possibly liquidated.
A stock cannot go below zero. Long, you lose your investment, short, if a stock goes up, your risk is literally infinite. You will owe money when you’re wrong.
If you want to short and you’re not rich, buy far out puts, or buy puts and calls on either side and capture the volatility
Look for options with low implied volatility that could move a lot and have low prices due to low IV. For instance Twitter puts printed for me, but at least my losses are capped until the expiry.
Don’t try to time the markets or you will be crushed
I was short SolarWinds with puts and it ran on me Monday, I came out ahead overall but it was a five figure fuck up
Just because it doesn't work for you doesn't mean it won't work for others.
Options can be safer. But I don't trade in options. I also limit my margin and use aggressive stops.
guns and ammo
Don't exactly think stocks in general are a safe bet.
Continue on course as you were, or do something that has significant tangible value - VALUE YOU CAN PROTECT.
Land is good and all, but are you prepared to stop the seizure of that land if that happened?
Gold is easier to hide, and holds some tangible value, but if stuff really hits the fan that may not be so relevant.
Most useful things right now I figure are things that you can use to ensure your safety. Buying, learning, and getting licensed in (Before anyone complains about licensing not being necessary - if you don't know what you're doing on them things, you just might interrupt the very operations you want to see happen. Similarly, you probably shouldn't be drawing the attention of the feds at a time like this.
Getting a license shouldn't be hard if you already know what you're doing.
Bingo. I am selling all my stocks and holding the cash in the investment account. Going to buy more metals with my cash accounts.
do we hold cash rn?
Cash is probably better than investments but what do you do if cash loses value? We need to diversify into metals
No, long USD will do well. Long Yen even better. Hold some treasuries and close out of some of your equities positions.
Ditto. Hard assests. Our economy will be reset once Trump rids us of the Federal Reserve.
UVXY
Hopefully they just close the markets down for a few days. But you may want to go full cash.
I'm 100% Cash right now only because I have no idea what the implications are going to be.
I have $400 cash in bets
you can buy trump on FTX for less than 3 cents right now
vpn required if youre in the USA
If you don’t have debt you won’t reap rewards of jubilee If you don’t have gold/silver you miss the reset If you don’t have crypto, XRP XLS you miss out if that becomes the new currency. High tech could go to shit, or the companies could get reformed and then the stock market booms.
Cash has to be converted to the new currency, right? It’s supposed to be backed by gold. So... if you keep cash, it’ll become a gold-backed currency anyway, right?
So cash until the dust settles, or diversify?
If worst case in SHTF, selling gold and silver will be like selling to an asshole pawn broker.
In best case, rising tide lifts all boats and standard of living just goes up for everyone.
silver - and get one of those free apps for your phone that analyze the "ding" sound that the coin makes to check if its legit or not.
they work, and are super accurate considering how weird that method sounds
Liquidated all my retirement stocks today. No matter what happens, the market is going to go APE SHIT, either under a left winger like Biden as President or if all of DC is rounded up.
Silver
I'll advocate for Gold and Silver over crypto any day of the week. I'd highly, highly, highly recommend buying into either a Silver fund like SLV, or physical silver buillon.
See, I like this question, because it brings out the "prepper" in me, which is like, OG Q status. But, people (I believe) are equating two different things. Assets vs money.
What should you be INVESTING in? Well, if you're just talking straight up stock market money, then tech and government. Sounds counter productive since tech and government are potentially the two literal things that are going to potentially topple, but they are also the two things to go substantially up. I personally think it's a little late in the game for that play (investing in it. I think you should have already had your money in it), so I would just move your money out of anything risky right now and let it sit. If you are a hardcore believer (which is awesome, we all should be), then you'll agree, that there's either less or no harm in two weeks of sitting, then reinvest when you feel comfortable. If you're super crazy up on something right now and don't want to divest and lose more potential, then don't. But regular stuff that might be up or down depending, maybe move it out and just wait for a week or two.
Now, what ASSETS should you be investing in? Well... That's where it depends again on how far the rabbit hole you want to go down. Are you expecting to be trading handies for cigarettes and coffee in the next month? If not, then don't worry too much. Just get yourself a 3-10 day supply of food and water for yourself and your family and you're good to go. Frankly, that's what you should have in general on just a normal basis.
If you are a little on the more extreme side and want to have "trade and barter items" available, then take that as you wish. Vices are always a good bet. Tobacco, alcohol, and drugs (prescription pain killers) are general go-to's. I personally DONT think the whole world will come crashing down in 10 days. (In the sense that we need to have all that ready at least.) Meaning I think rule of law will still be widely accepted, so I am a bit more in the middle. I have food, water and security/protection for myself and my family (don't forget about pets) for about 4-6 months. This goes for soap, electricity (renewable), and other essentials as well. Do I think I'm going to use any of that? Highly likely no. But it's not hard to prepare slowly over time and just be generally prepared. So, again, I think it's a little late in the game to be scrambling for tangibles, but I think you can get some food/water/toiletries and essentials for your family and call it good. If you have a means of protection and communication even better.
And finally, ammo and cash. This is a mix of tangible and funds. Ammo obviously being important if you ever had to USE your firearm, and cash being important due to power outages not allowing card readers or banking systems to work, even while the rule of law is widely still around and followed. Hope that makes sense and I didn't ramble too much.
TLDR;
Cash is king, maybe make less risky stock decisions for the time being. Metals and stuff are probably fine. Food, water, and essentials (meds, etc), for your family are paramount (3-10 days at least). Ammo and communication are smart to have as well. Other trade items if you want to go a little more hardcore.
Hope that helps! Stay safe.
I left my 401k as-is. Not planning on touching that thing for so many years, that its best to probably just leave it.... might even make for some good investments when the stock crashes again like it did in March.
All my personal investing like robinhood I liquidated minus a few gold supply chain things.
Planning on going to buy a ton of bulk silver dimes as soon as I can, its not as hard to trade as gold, and can be much more easily split to pay for day-to-day requirements, assuming we go to a gold/silver standard again. Gold is very hard to get small enough to do something with it like buy a gallon of milk from a farmer.
My plan is to get back into the market once a new president is declared (which if Q succeeds, could even be March before Trump is re-elected).
Bitcoin is crashing, and bitcoin has a massive portion of mining done in China, so buying bitcoin is basically putting your entire wealth at the hands of CCP (they could, at any moment, tell the miners to fuck up the blockchain and double spend everything).
BCH may be a little better off, and it has lower tx fees, but... any digital currency is gonna be a hard pass I think if Q succeeds... think, digital currencies are for the NWO, if there is no NWO, we don't need bitcoin.