/biz/ - Business & Finance

>>28404412
Rate of exploration is slowing down for silver and gold

>>26127771
>miners at the top
Hardly.

>>25927646
I'm a Gold shill, but even I can recognize Crypto (programmable money) will replace Fiat. But where the argument begins is "Bitcoin will replace Gold", lol no it won't, and "Bitcoin will replace Fiat" which it could maybe in a perfect world without vetted interests, but we very obviously don't live in a perfect world, and the Powers that be are as we speak winding up to black and bruise decentralized Crypto Currency.

I don't know the ultimate future of Bitcoin or free market Cryptos. I do know the government and banks will be coming after them over the next few months to next few years, so best of luck. But I do know Gold has allies in high positions of power who would very much benefit from its continued rise. So I'll ride it up, cash out for other real assets once I feel it becomes overpriced, then accumulate more when it's cheap again. Maybe I'll even buy some Crypto depending on the regulatory/government situation.

That's as honest answer as you're going to get.

>>25320908
yet barrick is only losing me money, no matter if gold go up or down, all the stock does it going down, i'm so tired of holding this shart company fren...

>>25320590
pic rel, it's a global trend no one can stop. We simply depleted the planet out of it's gold and there's almost nothing left. It's even looking worse for silver.
I can't tell if it's bullish or bearish for miners... Both i guess, the only winners will be the ones with the best concessions. Gonna be full casino.

>>25046989
It would be true only if silver stocks in the earth's crust were still huge. Like for oil or sand.
The thing is we mined 90%+ of all existing silver reserves on this planet. It's now the 5th year in a row with declining production. And since silver is a metal concentrated close to the surface and almost inexistant in depths, we basically are fucked.
Also the VAIA to mine an oz of silver is around $12-13, not 20. The cost to mine silver is very correlated to oil's prices, since it's the main component required in the mining industry. Cheap oil = cheap silver extraction.

And the cost to mine an oz of gold is $800, yet the price is $1900/oz. So if the profit margin per gold oz is $1100, why should silver only net few bucks?

>This is why bitcoin will crush gold and silver, because bitcoin never inflates
We already are at the point where we consume more silver every year in industrial + bullion uses than we mine. And no matter how much we spend in exploration, all the interesting spots remaining are ancient silver mines from the 18/19th c. we didn't fully exploited because of the limited technologies back then. This is absolutely catastrophic when you know silver is a vital material of modern life, from batteries to water filtration systems to solar panels to smartphones....

Not only that but the vast majority of silver used in industries can't be recovered, either it be because it's in nanoparticles, colloidal, used in circuits, etc... the quantities used are too small to be recycled or straight up disappear, so it end up taking it's tool on the inflationary status, contrary to gold which is recycled up to 98%.
Actually we will soon reach the point where silver become deflationary. And it's not as money that silver will moon, but as a strategic commodity every nation will need if they want to continue to advance in the technological age.

No silver = no future for humankind. It's that simple.

I found picrel recently. Is it true? There isn't much gold left in the ground? It made me feel insanely bullish about my stack but not so much about my juniors. Or is it somehow bullish for miners too?

>>24852309
>the gold supply doubles every 35 years. It's garbage.

Look at the graph and dilate more cyptofaggot

>>24852911
>Miner bros who has the exporation budget/discovery graph of gold/silver miners for the past 10 years. It's not pretty

I got you bro

>>24759242
I'd say it's heating up but only just starting. Reserves are dwindling from the majors and at higher gold prices, they have the money to buy up land banks and developers. Covid really put a dampener on 2020's m&a but they'll accelerate for these next years. When gold enters the euphoria phase m&a will peak as well. We aren't finding that much gold anymore.

>>24688821

For reference

>>24041242
If we have deflation then why did gold ruse over the last 12 months?

>>23822416
Based I added about 1200$ to Golden minerals over the last month. Not going to shill because I hate the lack of due dilligence done here.

>>23823025
Silver elephant have a massive property on their hands, multi hundred million ounces, but there is no way I'm touching bolivia when there are so many great North American properties.

>>23822028
DYODD for fucks sake, all of you, or you're going to eventually step on a landmine that blows up your account. It's not that we can't recommend tier 1 miners and 10 baggers, but the lack of research guarantees you're going to sell way too early or way too late, or buy into some bullshit dogs. Hello to the Bayhorse baggies.

>>23795531
>>23795565
>>23797797


Also consider that most gold and silver "easy" discoveries have been made and it is getting harder and harder to find tier 1 deposits.

So while BTC has the supply cap aspect to it, Gold and silver are not inflating at rates we previously expected them to, and too have a soft cap to their supply that almost no investors are pricing in.

Invest in both. But do your due dilligence, which you haven't.