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12209902 No.12209902 [Reply] [Original]

Are mining stocks undervalued? I'm thinking to buy some Bruce Wills from First Majestic and Panamerican Silver. What do you think?

>> No.12209929
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12209929

>>12209902

Duh

>> No.12209935

>>12209929

What will be the price of silver next year?

>> No.12209938

>>12209902
I bought Cameco
The nucular option

>> No.12209942
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12209942

>>12209935

30$ for silver, 50$ for First Majestic

>> No.12209944

>>12209902
Deflation and deleveraging arent good for Gold and Silver. Both will go down a lot still, in my onions.

>> No.12209948

>>12209938

What makes you think it's a good buy?

>> No.12209952
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12209952

>>12209944
For your consideration. Just my opinion - no bully

>> No.12209956
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12209956

>>12209944

>he doesn't know about the deficit
>he doesn't know about he yield curve
>he doesn't know FED is fuck and we will print more to handle the debt and falling economy
>he doesn't know people will search for real value

>> No.12209962

>>12209952

Dow and Nasdaq going down massively, silver miners are selling with almost no margin. I think it is bullish case af.

>> No.12209964
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12209964

>>12209956
I have silver and want it to rise ... but I worry.

>> No.12209970
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12209970

>> No.12209972

>>12209956

Teach yourself English, it's very needful sir

>> No.12209975

>>12209970
Isn't it clever to buy single ones? Cause if you really need to sell parts of the chunk, you'll open the blister once and for all; a single 1g or whatever doesn't need to opened.

>> No.12209978
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12209978

>>12209964

This time it's different. Nation states with fiat money and are the ones with the debt and will go rekt. People will search for some value.

>> No.12209988

>>12209978
Please don't ever say 'This time its different'. Its a bit of a red flag.

>> No.12209995
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12209995

Precious metals are cumbersome and centralized.

Think Bitcoin

https://youtu.be/y1DSVIVsNIY

>> No.12210008 [DELETED] 

ok sirs Here is a crypto brown pill. I'm afraid of the block chain. Creg Sanjay right is unironically satoj. Bitcoin as an electronic rupee was the first step, Lalachi people will start a stronger computer, wide shit streets, cheaper and more sacred cows. It's all I'm afraid to survive. After retiring, Vishnu will be able to gradually dissipate everything literally
Creg stumbled into creating a vishnu after he resigned from the shit in mumbai in 2008 and began working with Poolip supercomputer, running simulations shit-in-the-loo on a turmeric-complete bitcoin scenario. He developed "development" on Vishnu's successful streets, and the rest landed in the Indian Ocean. More and more people need more and more shits.
The BFI (Indian Block Foundation) was created to make it vishnu and stop (they are afraid of their own competition). They needed to stop or demolish Cregs vishnu (his name is on the Poolip road). They started shit-size restrictions and removal of critical code codes through which Vishnu uses his punishment. Segshit was the final nail coffin that was destroyed by Poolip on the BSV chain (Poolip uses anal transaction malleability). That is why Bitcoin was cash and so the creg is so intent on unlimited shits, restoring original curry codes and locking shit-shit-protocol.

>> No.12210019
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12210019

Think about this:

The Gold Oil ratio has never been over ~35 and not lower than ~10 times. If oil continues to slump to say, $25 an ounce, the Gold limited range is : 900USD max and a minimum of 350USD.

Pray oil doesnt collapse.

>> No.12210047
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12210047

>>12210019

Ok, so in your logic oil is correlated to oil. Have you seen the ration of oil/walnuts? It's within the range of historic highs. Pray walnuts won't collapse

>> No.12210051
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12210051

>>12210047

I mean gold

>> No.12210057

>>12210047
You back to 'this time its different'.

>> No.12210069

>AUtism

>> No.12210081
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12210081

>>12210057

But it absolutely is. We have never been stimulating economy with such low rates for this long while also accumulating debt with higher deficit.

https://youtu.be/hA_kg_nMGNU

>> No.12210091

>>12210081
A significant amount of that liquidity found its way to Gold, Cryptos, sticks and houses.

I understand Gold as a store of wealth, but during a crash and depression it wont do well. It will do well if governments start rethinking monetary policy - I think that will happen a few years from now after a brutal recession/depression.

>> No.12210103

>>12209948
I didn't buy it myself.
My fund manager did..

>> No.12210256

>>12210091

Nah, ilI think silver is at a historical minimum and people will start hoarding it when economy starts dumping. There is a too many memes and information out there. People will start FOMO into precious metals, when thing turn out to be bad. The next economic crisis will be fucking global as China is in contraction too and there is no another China to lead us out of next economic crisis.

>> No.12210816

>>12210256

Said the increasingly worried stacker for a tenth time

>> No.12210829

>>12210081

post more clairo

>> No.12210841

what if everyone wants dollar during a big recession that crashes everything except dollar

>> No.12210989
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12210989

>>12210081
1/10 brapper

>> No.12211034

Why the fuck is platinum trading at 2/3 the price of gold? It almost hit $750 not too long ago.

>> No.12211653

>>12211034

Who cares

>> No.12211748

IDK why, but my stocks are all mining companies, lithium, copper & boomer metals. They are kind of sideways with minimal upward motion.
If your hedging against 'muh Fiat collapse' buy physical metals I guess, then seriously seek out therapy because you are buying a line of paranoid shit.
t. ironic stacker

>> No.12211966
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12211966

>>12211034
Platinum has been more expensive than gold during almost my entire life. What changed?

>> No.12211973
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12211973

>>12211034
>>12211966
>muh shiny rocks!

>> No.12212064

>>12211973
>m-muh cryptographically secure peer to peer mathematically unbreakable currency...

>> No.12212339

>>12211973
I hate this meme

>> No.12212345
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12212345

>>12211966
platinum shine rock not shine enough
not rock enough
gold is best shine rock
most shine
most rock

>> No.12212369
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12212369

>>12210816
>moves money from fiat to tangible assets
I ain’t worried nigger. Have fun in the stock market.

>> No.12212706

>>12209988
How can you not agree with the man though.
The world is different when was the last time all the leaders of the world wanted globalism aka global government. When last were the citizens of a civilized world more controlled through mkultra mass mind control? Mass Immigration? Mass hysteria? Peak Pharma? Peak LGBT? Peak satanists?
Im afraid to say but I do believe this time may be different. A family member witnessed a murder in his front lawn in Eua Claire WI this was unheard of just 20 years ago now it is common place. Think about it once anon just think.

>> No.12213354

Why do I kee[ getting connection errors when I try to post pictures on this thread?

>> No.12213480

>>12212345
Silver is more than that it’s actully used in electronics and we are in a technology era in case you haven’t noticed. The price of silver will only go up with time from here on out

>> No.12213483
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12213483

Trying to post just any picture now.

>> No.12213515
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12213515

>>12213483
Okay so I post some random picture but when I try to post something I took I get a connection error? What kind of shit is that?

>> No.12213636

Anybody else having this problem?
Try to post a picture that you personally took.

>> No.12213750

>>12209964

Those are not "real recessions" so to speak. That dumping has all been paper gold when peoples portfolios got liquidated and they had to sell gold to cover up their collateral.

When people start to "cash out" their paper gold, now thats when it is going to 10x since there is at least 10x more paper gold than real gold out there. That means only 1 in 10 can actually convert their paper gold to the real asset, of course assuming the gold IOU brokers are going to keep their promises and actually hand over the gold.

>> No.12213752
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12213752

>>12213480

What about strengthening of dollar?

>> No.12213764

>>12213750

>muh conspiracy theory about bad bankers manipulating gold
>kys

>> No.12213788

>>12209902
They are extremely overvalued with the ETF trend and every boomer wanting to expose himself to mining ETFs because some boomer told him about the 20 trillion+ debt the country is in.

If you want exposure to precious metals, buy physical gold/silver ETFs.

I remember valuing a couple miners earlier last year and they were worth something like 20-30% of their market cap. Doing a sensetivity analysis, unless gold/silver moons, these companies are worthless. I think gold had to be like $2200+ (in the long term) for some of these companies to be worth buying.

>> No.12213799

>>12209952
I wish it would become that cheap

>> No.12213900

Buy maples, American eagles are an inferior joke.

>> No.12213947

>>12213900
Why?

>> No.12214037
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12214037

>>12213947
Canadian Maple Leaf coins:
Are easily recognizable
Are highly liquid
Have legal tender status
Are easy to trade
Has security features
Usually sells at a lower premium over the spot price than the Silver Eagle
Vs
American Eagle Coins:
Are easily recognizable
Are highly liquid
Have legal tender status
Are easy to trade

Also the canadian maple coin is finer therefor more pure than the american and they go for a better price.

>> No.12214205

>>12213764

>Disputes the fact that there is at least 10x more paper gold than real gold in existance

You must be some special kind of retard.

>> No.12214304
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12214304

>>12214037
>Canadian Maple Leaf
Do recent years still have the milkspots issue?
I like my silver for various reasons and one of those is looking at it.
Pic related: dem mexican titties

>legal tender
Is that really an advantage? Worst case: you'll get the equivalent of $5 CAN for a Maple, because that's what it says on it.
t. farmer in a SHTF scenario playing dumb

>> No.12214724
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12214724

Trying to post again.

>> No.12214782

>>12214724
Your image files are too big applefag

>> No.12214799

>>12209935

1000 eoy.

>> No.12214830

>>12209902
>silver and gold
>stocks
Just buy silver and gold, god damn

>> No.12214857

>>12214782
That's not Apple, fag. Probably Samsung.

>> No.12214866

>>12214857
Look at the file name retard

>> No.12214869

>>12214304
>Do recent years still have the milkspots issue?
Have you ever discovered unsightly white spots on one of your uncirculated or proof silver coins?

I have.

They detract from eye appeal. They detract from value.

The Royal Canadian Mint has developed a new way to fight them.

Announced this morning is a process called MINTSHIELDTM.

It will be applied to all 2018 silver Maple Leaf bullion coins.

The RCM explains the problem:

White spots (also called milk spots) are surface discolorations which sometimes mar the appearance of silver bullion products. Unlike tarnishing, which is a by-product of oxidation, white spots don’t have a single, predictable cause and this has complicated the search for an effective solution to a problem affecting silver bullion coin producers all over the world. MINTSHIELDTM will fight the problem.

>> No.12214896
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12214896

>>12214782
Whatever. It's working again.
MY shiny rocks.

>> No.12214929

>>12214869
Uh yeah, thanks for the PR copypasta.

But does the superduper MINTSHIELD ZOMFG IT'S SO PURE IT MAKES THE VIRGIN MARY LOOK LIKE A $5 TIJUANA HOOKER™ actually, you know, work?

>> No.12214969
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12214969

Can you imaigine being long either of those shit metals? i've been long a palladium since March.

>> No.12215040

>>12213764
>conspiracy theory
>theory
JFC the brainletism
I'll bet you think the entire existence and history of Jews are conspiracy theories too