/biz/ - Business & Finance

just got back from Perth Mint lads, it was fucking packed to hilt for bullion buyers, the Asians know something is up.

I dumped Guanajuato because it was too close to my cost basis. I think we're going lower and will re-touch the recent lows on 0.20 / sh that we saw a month ago

ive been out of commodities for a while and have been trading the markets in a macro sense. in my opinion, we are headed towards the zone where gold will start to look very attractive as people keep losing money in stocks

from the July 14th-ish recent lows:
24.50 on GDX
29.50 on GDXJ
158 on GLD
16.80 on SLV
23.50 on SIL
8.50 on SILJ

Go check the price on July 14-15th on your favorite junior mining stocks and that is the next price target

>>50484932

>>50361139
silver

I should of just shorted digital silver but it's too late now. Charlie Lee killed Litecoin.

>>49898140
based

The number of midwits that don't understand how PMs work is worrying.
>Muh PM's are overvalued
Tell me you don't know about GSR without saying you don't know about GSR.
Gold is never over valued, nor is it ever undervalued. Because the amount of fiat it takes to buy it is not reflective of the value of gold, it's reflective of the value of your fiat.
As for silver, if you knew what the GSR is you would know ATM silver is incredibly undervalued and now is the time to stack. Once the GSR swings back the other way you turn your silver into gold, then when it swings back again you turn it back into silver increasing your stack.
Anyone not doing this doesn't understand how money actually works.
There is a reason we refer to things as the gold standard.

>>49692497
If that's your idea of bantz you must be a leaf