++ ATOT official NEF thread part IV ++

[Ajay]

NEF

 

[Ajay]

NEF

 

[sdifox]

Ni

 

[Ajay]

NEF

 

[sdifox]

Waiting for table at the restaurant nef

 

[sdifox]

Ni

 

[Ajay]

NEF

 

[sdifox]

Nyaa

 

[Charmonium]

US Mint has a 2023 Platinum proof coin - $1.5k - 12k mintage total

Not a horrible deal. Still 50% over spot but I like the mintage number.

https://catalog.usmint.gov/first-am...num-proof-coin-freedom-of-the-press-23EJ.html

 

[Ajay]

NEF

 

[Ajay]

NEF

 

[bigboxes]

moo

 

[Ajay]

NEF

 

[sdifox]

Nyaa

 

[Red Squirrel]

US Mint has a 2023 Platinum proof coin - $1.5k - 12k mintage total

Not a horrible deal. Still 50% over spot but I like the mintage number.

https://catalog.usmint.gov/first-am...num-proof-coin-freedom-of-the-press-23EJ.html

That reminds me, it's been a while since the last time I bought silver. I might be due for another order. Or save up to buy platinum or gold. Probably good to diversify.

 

[Charmonium]

@Red Squirrel - this is mainly my perception but I think you can find data to support it. My memory is squishy but when it works, it tends to be accurate.

Precious metals don't tend to appreciate nearly as well as equities. But can be exceptions. I've never followed the precious coin markets very closely, but if invest in low mintage proofs that aren't like 50 to 100% over spot, I think you might have better luck.

Regardless, with the current inflation, precious metals probably won't hurt you, they just might not give you a lot of joy.

 

[bigboxes]

moo

 

[Red Squirrel]

Yeah I think precious metals are more a hedge against inflation than an investment. I don't expect to get rich off it but I also don't expect to lose anything either. I'm not good at investing so it's an easy thing to do that is fairly guaranteed. There's also something to be said about having something physical in-hand as it feels more secure than a number in an excel spreadsheet on a server somewhere.

 

[IronWing]

Yeah I think precious metals are more a hedge against inflation than an investment. I don't expect to get rich off it but I also don't expect to lose anything either. I'm not good at investing so it's an easy thing to do that is fairly guaranteed. There's also something to be said about having something physical in-hand as it feels more secure than a number in an excel spreadsheet on a server somewhere.

Silver has a lousy history as an inflation hedge. Gold does quite a bit better.

 

[sdifox]

He should be paying off his line of credit and mortgage first...

 

[Red Squirrel]

Silver has a lousy history as an inflation hedge. Gold does quite a bit better.

Gold is beyond my budget but would be nice to eventually get into as well.

 

[Red Squirrel]

Crackhead got someone's mower lol. That's just a block away from where I used to work, see them all the time on the security cameras. Lawnmowers in summer, snow blowers in winter. Sometimes the odd flatscreen TV too. If they put as much effort into a real job instead of stealing they could probably make more money.

 

[bigboxes]

moo

 

[sdifox]

I didn't know cannabis companies use lawn mowers to harvest the flower.

 

[Charmonium]

Oh man, you guys need to start a comedy team. Hahaha

Speaking of, Mehdi Hassan should do standup