/biz/ - Business & Finance

>>18291729
first for batboi

>>18291771
fpbp

If anyone wants to learn more about Prospecting for themselves I am sticking around these threads until all the snow melts in my area.... I have a lot of free time so ask away.

>>18291826
I am interested in prospecting, but mostly as a hobby and not for commercial purpose. I also have been wanting to buy some undeveloped land. Do you know any good places for gold or silver near upstate New York area? Sorry if it's a noob question.

>>18291826
where are you located? I'm in BC and was thinking of going camping for a week this summer to pan the fraser.

>>18291771
I got these this week. Paid $86 for the 5oz'ers.

>>18291771
I got these this week. Paid $86 for the 5oz'ers

>>18291854
>I got these this week. Paid $86 for the 5oz'ers.
You paid $86 for 5oz this week? And it was a batboi? How is that possibru???

>>18291845
give me a bit, I am west coast I ll do some research, never really looked out that way but I always assumed that territory was fairly barren of precious metals. Lots of bulk minerals like Iron and coal though. I am actually fairly sure that in New York any Precious metal finds belong to the state, even if you have a free miners license the state holds ownership.

serious question. what likely scenario results in PM prices to stop being suppressed and valued correctly? All we hear is bullshit about veneseuala and hyper inflation and all that shit but the average person is absolutely clueless as to how money works. So why would they ever wisen up? same story with bitcoin

>>18291883
Thank you anon! I appreciate it.

>>18291826
what is that stone your holding worth?

>>18291729
I panic bought ~10K of PMS
>4 PAMP 1oz gold ingots
>100oz ASEs (x100)
>1 GSE coin
it would be really cool if the dollar collapsed or hyper inflated and i became an aristocrat but in hindsight im seeing how unrealistic that is considering we are the wold's reserve currency and nobody can readily usurp the role.

>>18291846
I live in north central BC in the Cariboo gold fields. Yes the Fraser is one of the great gold bearing rivers of North America, in total we miners think about 4-5 Billion dollars in gold and platinum have been extracted from this mighty river. If you want to pan you should get a panners license, its like $10 at services BC. It stops DFO and other agencies fining you for having fun. Try Yale or Litton for hand panning, the gold there replenishes every year in the floods, try the bedrock near the parking lots too.

>>18291898
That is a "chip" sample off a galena vein I found while wandering around in the coast mountains. I had it tested and it was fairly high in silver (i think 16 grams per tonne) but it was mostly lead and zinc. The ore is pretty to look at though.

>>18291927
Awesome. I heard that winter is the best time to pan because the water is the lowest, is it good all year around? When is the best time?

>>18291967
dont go in the spring the water is too high, try in the early fall, the water level will be low and you can dig behind the different large rocks hidden below the waterline. Pan the areas that have the deep red garnets and black magnetite sands in large quantities, its where the heavy gold will settle.

Anyone collecting medieval and ancient pm? Here's most of my collection, not including coins (spread over many albums). I'm going to make a mini museum when I have a larger collection + buy some Detolf glass cabinets.

>>18291556
I don't know man I can't really care less, I also like Asia so it would be really dope to travel around doing business and fucking underage prostitutes.

>>18291896
1) enough people lose faith in fiat and demand delivery of physical metal from those who hold paper contracts. kinda like a short squeeze at first. pop in value but will drop to a much higher baseline than before

2) going forward in the future the physical supply of silver will start to be significantly less than that of gold above ground. as it is used industrially in amounts that are not "worth" recycling, it towards trading like palladium and rhodium. those are small markets with little supply so its very much cash and carry

just ramblings from an anon on a rabies carrying mammal enthusiast forum

>>18291878
no I ordered them about 2 weeks ago
they took a while to ship
i wish i could get more for that price :(

>>18291729
Bought 20oz of rounds from Texas Precious Metals last night for $400.
>pic related
Feels shitty knowing that I am paying such a premium when I've been interested in silver for years and should've done it a long time ago, but at least I have some now. Should I buy more next time I get paid, or wait a month for premiums to fall?

Anyways, who thinks premiums will go down in the next month? Who thinks it will spike up to $60 or higher by the end of the year? Who thinks that this is all precipitous of a national financial collapse and you will be a king for having any silver in the next few years?

>>18291896
I was thinking about this lately and my best guess would be people loosing faith in digital currency being one factor. As a hypothetical situation, imagine suddenly out of nowhere something happens to the banks that stops people from being able to withdraw or deposit funds. A mass hack where hundreds of thousands of people loose access to their money or a natural disaster like a CME could break this trust. What good is a debit card if you cant transfer funds with it?

>1 trillion dollars

>>18291826
What got you into this? Like what did you do before and what made you switch to this unconventional way of life? What is an average yearly income? How much did you pay for your property? How many hours a day do you work? Do you live there full time? What do you do with ore? Just like load it up in a trailer and take it to be smelted? What's the lowest g/ton of silver or gold that you can make a profit on? Do you keep silvee yourself, or sell it all? And lastly, is there a generally accepted ratio of how much you spend on equipment to how much money you will be making?

If you can't answer all of these, that's fine, I am just always curious about guys who do things differently.

>>18292015
That's really cool. What got you into that?

>>18292004
Awesome, thanks man

They were asking for 30 but I got em down to 23. I always wanted one of these sexy rounds. Yes, I did pay high.

Also, what the fuck is up with all of the Texas coin shops only having 100 oz bars for sale. The hell?

Two hand cast silver coins and a silver dollar from a hotel in the ghost town of Sandon. One of these days I ll go retrieve my stash of silver bullion and take a proper photo of it. I think I had about 300 coin shaped ingots and 9 bread loaf style ingots done at the Greenwood mill. These ones I keep around for fun.

>>18292261
Forgot pic

https://youtu.be/5HEGu_Q60Sk

I want a crown loaf bar badly.

>>18292309
Vintage silver bars bring all my cooms to the yard

>>18292218
ok might take a bit but i can answer most of these. I ve always been interested in prospecting, I grew up hiking with my dad around abandoned mines near my home town and gold panning with friends for beer money.

On my yearly income it fluctuates a LOT. Some years are really lean other years not so much. I made 170k last year hand placer mining and leasing two properties out two larger parties. I work seasonally, I dont do it much anymore for my health but a few years ago I would spend my winters working either as a diamond driller or underground laborer at a mine in the Kootany boundary area.

In the summer an average work day varies depending on what i am doing. If i am in the bush its 8 hours, if i am doing work for others its even more varied, its mostly hauling gear around for elderly prospectors for $30 an hour, 5-6 hours daily depending on the weather.

I do not live on my claims for the most part, most of my summer is spent traveling around the province to my different claims, taking samples, delivering them to assey offices, finding lost drunken crew mates etc. I ll continue in a sec my dog wants dinner.

>>18292269
That shit looks fake

>>18292309
o man i love that kind of bullion.

>>18292383
they are 95% silver, the other 5% is zinc, back than the mill i took the ore too hadn't dialed in the flotation circuit yet. I had them cast anyway for easier storage instead of huge bags of crushed rock sitting in my yard.

Holy shit frens... the amount of work and technology just to extract 1mg of silver, it's insane!
When you look at this you know why silver should be worth so much more, and why the fed don't want to go back to a metal standard, when they can simply simply press 00000 on their kike keyboard to create digital fiat effortlessly.

https://www.youtube.com/watch?v=h0n5NPMcd6U

>>18292218
>That's really cool. What got you into that?
I bought a beautiful chest originally from 18th c Pakistan and started collecting old treasures to put in it, literally a treasure chest. Some of it investments, some of it just really cool like 18th c bibles. I love that time period and the coinage and business belonging to it especially and try to read a lot about it. Then I came across the lot in the pic for around $100 from a finnish antique dealer and I'm now leaning more toward smaller stuff and display cabinets. My main thing is coins also and I've ended up with a lot of stuff that's slow to move but great to show off (thalers, ancients, scandinavian 17th-18th c, etc).

>>18292218
For your questions on my claims (how much they cost, what I actually do with ore, ore grades and cut off and equipment) might take a bit of explaining.

For claim price all placer claims in BC cost 100$ to stake, all hard rock are now i believe 175$ to stake. Each claim is 50 hectares square. Placer means the sediments down to bedrock. Hard rock means below the sediments, the later supersedes the other in importance.

I mostly dont usually mine my hard rock claims, that gets really expensive permit wise and you need heavy equipment or lots of guys. I do however hand work my placer claims heavily in the summer. I use a wide range of tools, but to save costs I build most of my own gear. You cant buy too much stuff or you will go under, building or working to own stuff helps a lot.

When I do mine my hard rock claims I bring it either to my own small mill setup I have at a friends storage yard or to a mill at Greenwood BC for processing.

Generally miners and prospectors like myself have a cutoff for gold at 1.5 ounces per tonne. We can make money on that with basic gear, however other factors like accessibility come into play. Doesn't matter if you found a 40 ounce per tonne vein if its on the top of a mountain buried in snow 90% of the year. Silvers cutoff is more tied to what its hanging out with. Is the ore a tetrahedrite, chalcopyrite? Is it lead galea? Silver will not generally pay the bills, its the other metals hosted with it that pay running costs.

I generally keep my silver and gold bullion but it usually ends up getting sold off to pay for another venture or broken piece of machinery.

I have a lot of other info but it gets pretty technical, most people dont give a dam about that.

>>18291896
End of the day there must be a concentrated effort to make people demand physical silver over derivatives. Make them think logically and in their own best interest. A bird in the hand may be worth two in the bush but 1 troy ounce of silver is worth 175 paper silver contracts.

>>18292546
Before I die, I want to extract silver with a pickaxe. I think my erection after doing that would be visible to everyone in the entire world. You would be able to see my penis from every corner of the world

>>18292546
yep, milling ore is expensive, most average mines cost around $100 million to get off the ground and at least 10 years of planning and consultation.

>>18292546
That is indeed crazy time, it's hard to watch that and imagine it being profitable.

>>18292645
where are you located? Silver ore in the form of galena is all over the place, and getting the silver out of the ore (depending on the grade) can actually be fairly easy to do.

>>18292664
it honestly isnt very profitable to just mine silver, most mines pay the bills with the secondary returns like copper, lead, zinc, cadmium, antimony.

post an uglier silver coin

>>18292674
Dallas Texas. I just moved here so I know nothing of gold or silver mining over here. Just moved from Missouri

>>18292546
bonus : coin minting
https://www.youtube.com/watch?v=Hyh9SI5UhnY
(yeah the shitty electro music is annoying af)

>>18292713
you can't. That is one ugly piece of shit. Fucking teenagers on eBay making their own silver make better designs

>>18292021
>>18292157

surprisingly level headed and cerebral talk today in the PMG. appreciate the responses lads, it's similar to what I've been thinking. the only thing that I worry about is just how stupid people are, and they'll see their currency get debased another 99% over the ten or so years and assume its normal because that's the way it is. Can't under estimate how dumb the masses are

>>18292728
This is literally my only form of ASMR. There is a guy on youtube called bigstackD casting. He doesn't say a word. Just melts shit and pours liquid metal all day. Best channel to just watch motors and scrap being turned into sexy smooth bars

>>18291875
Damn I want a batboi so much. They are definitely the show stealer of 2020

>>18292713

>>18292004
Respectable

>>18292772
If you in the US, just hit up Larry on eBay

>>18292718
well your in luck, try the Trans-Pecos region. There are loads of abandoned mines out there that i am sure you could grab a few chunks of ore off of. Missouri has even more amazing silver mines though.

>>18292745
money can only go down in value so much before people start noticing the inflation.

>>18292805
kek, I'd rather lick Xi's Dog's Doorknob's Asshole than buy silver off Ebay like a latecooming pleb.

Gold plating is tacky and should be illegal
also mixing multiple alloys like in those EU coins

>>18292772
>>18292805
I got mine at Liberty Coin for cheaper. Larry's probably buying up all those tubes and selling them to /pmg/ anons. Seems like a great guy regardles.

>>18292546
Thats a smalltime silver mine, large mines use leach pads and a cyanide solution to extract the gold/silver from the ore.

At the scale they operate the leach pads we are talking tons and tons of ore, my mine I work at can remain profitable as long as gold stays above 700 dollars an ounce.

>>18292863
Those prices are BATshit insane

Some dude trying to mint his own silver coin.
The amount of work for $2 worth of silver is laughable.
https://www.youtube.com/watch?v=W2PMQOk7oDU

>>18292866
it really depends though on the ore the mine is working with too. Almost all the major mines here are 4+ commodities coming out of the mill.

>>18292812
Damn, thanks man. You don't think weirdos could be hiding in those mines? Does the government not care about anyone going in those places?

>>18292879
Price is pretty gud, you maybe missed it but it's 5oz coin, so $23/oz.

>>18292884
Also I need to learn what silver ore looks like

>>18292863
Haven't fucked with Liberty Coin yet. Usually do JMB cuz they are actually decent to vets.

Have some Caturday trippiness in return.

>>18292884
Sure, my mine is underground, so we need a higher grade and a higher price to keep operating. Silver is a byproduct, the mine was originally an arsenic mine back in the 30s, now its gold.

>>18292844
Hey, listen anon. I know you mean well but I would really appreciate it if you didn't talk shit about Larry. He has dat batboi and you should respect him.

>>18292879
Given that I'm still alive in 40 years, it will be fond to look back on with my grandkids who probably won't give a shit about my shiny bat coin or Coronachan, but I will tell them anyway. I will them about /biz/. I will tell them about the days before the singularity.
>back when one chainlink cost $2.

>>18292890
who knows, they probably are owned so dont be an idiot and trespass on an active mine. Look for something thats been abandoned a few decades.

>>18292898
check the first photo i posted today, its called galena, its little silver gray / purple metallic cubes that will smell like rotten eggs. Look around old mine dumps for it, it hangs out with other minerals like pyrite and lemonite. A mineral guide book will help a lot.

>>18292954
I hope we all get to do this one day.

>>18292890
Old mines are incredibly dangerous and the government usually posts and barricades over the entrances.

Poor ground, pooled poisonous gasses and abandoned equipment can kill the shit out of you.

If you do go in one, be careful and do your homework.

>>18291729

>>18292942
Akshually no disrespect intended m8. I just don't do the Ebay hussle. And for once JMB seems BTFO on pricing as far as these batbois go.

Will probably make the jump after a few more beers. And damn look at that ugo gril.

>>18292985
Me too, anon.

>>18293025
Check liberty coin if you wanna save $7 bucks or so. If you're DCAing, every little bit helps.
>>18292863

>>18292988
yes thank you for mentioning this before me, dont actually go in the mine unless you know what your doing.

>>18293025
Bless upon you this batboi to protect your stacks.

>PM currency coming, fiat cannot be sustained.
Any moon maths predictions anons?

Silver: $5,000USD - 1 t.oz
Gold: $100,000USD - 1 t.oz

Just bought a platinum eagle. How much did I fuck up?

>>18292805
what's his ebay account?
I'll take a look.

>>18293108
if it went that high i would be loosing my shit

>>18293108
> Any moon maths predictions anons?

Assuming the dollar isn't rebased to gold, my spreadsheet says these numbers and I can get tendies:

Gold - $3200 oz
Silver - $80 oz

In the VERY RARE chance the dollar gets rebased, day one values:

Gold - $25,000 oz
Silver - $200 oz

I'm basing this off a very accurate model I have where I pick numbers that I am hoping for.

>>18293127
Planning on grabbing one next payday

>>18293134
It's Larry from eBay. It's kinda like a sprit quest to attain batboi. I can't tell you his exact handle. You'll know it's Larry when you see him.

>>18293149
That is a really, really conservative estimate based on massive GDP deflation and continuous production/reserves. It could easily be double to make our current standard of living fit with what's in the vaults.

>Things you don’t say to preserve the stock market for 100 Alex

>>18293162
>I'm basing this off a very accurate model I have where I pick numbers that I am hoping for.
Thanks for the laugh anon. Where do you see it going after day one?

>>18293180
If it went that high my hard rock properties would be worth 1000X what they are now, probably more.

>>18293162
I could see gold going to 3k if things keep going the way they are, that would make my life a heck of a lot easier.

>>18293208
You are a Canuck oui?
Take our GDP, divide it into our current gold production.... If Trump goes to a PM backed Treasury note, that is what you would be pulling in per ounce. While having massive deflation occur around you.
>Looks like you made it. I am a licensed prospector in Ontario. Haven't been out in a long time. Used to work crevices on Vancouver Island and have worked some streams in the Sudbury basin. Took one look at the silver:gold ratio the other day and immediately bought myself a fat stack. We are going to see some major, major economic changes as a result of covid.

>>18292959
>>18292978
>>18292988
Thanks lads

>>18293233
hay theres more of us than I thought, good to see i am not the only guy still doing this.

>>18293267
I lived out west for almost a decade, became friends with an electrician who panned in his spare time. Decided to go out and help him haul back sand. We would brush crevices and then work the sand when we got home. Couple buckets would take us an afternoon. When I moved to northern Ontario I got my present licence. It was right before they changed the staking system to digital. Lots of old bush running old timers kicking around up there. Tougher than a pile of worn boots, the lot of them. Panned a couple streams but never got more than a glimmer. Still camp/hunt there and have felt more than one blast go off miles below me in the rock. It is a pretty surreal experience to be in the middle of absolutely nowhere, surrounded by 2nd growth forest and swamp, then feel the blast tremor come up through your boots. Looking down you know that a team of guys are drilling and boring wayy way wayy down below.
>Lots of guys smuggle out high grade ore in the area, so its actually just easier to pay them a few bucks a rock to get yellow quartzy chunks from the blast face than it is to pan. Some things never change....

>>18293127
Not at all. Nobody seems to be looking into it, but platinum strikes me as a sleeper metal. There's only 1 troy oz for every 10 troy ounces of gold, yet it's trading for less than half of what gold is.

Not only that, you're diversifying your stack if you have gold and silver already. That's never gonna hurt.

>>18293314
same things happen here man, the big companies discourage it, but the miners all still high grade samples for themselves or for people paying for samples.

I do a lot of bedrock sniping out here on creeks like Antler and Cunningham, I spent two weeks doing it near Zeballos a few years back. Its so amazing sitting next to a creek, cleaning a deep crack full of roots and dirt, than spot a big fat nugget sitting in the bottom of it.

Creek crawling is even more fun though, snorkelling around looking at bedrock watching fine gold wash past you while you fan the sediment with your hand.

>>18293205
> Thanks for the laugh anon. Where do you see it going after day one?
Well, the thing is, the price of silver historically moves glacially slow. I would be hard pressed to believe we are going to see anything happen super fast.

>>18293314
whats your opinion on digital vs physical staking? I got to watch the digital system come in and allow all the flippers to stake up everything without any challenge.

>>18292745
thanks for the feedback

>Can't under estimate how dumb the masses are
sad but true. someone told me once "you know how dumb the average person is? and then realize half of them are below that"

>>18292728
>american documentaries

>>18292781
>legal tender in israel

>>18293367
Sounds amazing man. We don't have the same mountain gold out here, so unless you are super lucky and find an exposed vein - which is impossible because they clear cut everything at the turn of the century and surveyed it very thoroughly then, your only hope is the odd glint.
I remember first hearing about president's gold in the states and how guys would check culverts for it. Easiest way on earth to build up a hoard.

>>18293421
Physical is better. Keeps lots of local guys employed and boots on the ground. When you have guys pushing bush and racing around, you have an actual idea of what it out there. I knew a guy who found old TNT in an abandoned shack and the OPP went in and blasted it. Lots of those things lurking around in the north country and only the locals ever find it.

>>18293464
its funny you mention the culverts, I used to check every culvert on any new logging road where I was prospecting because they act as sluice boxes, catching anything heavy like gold. Now however, most logging outfits use that bullshit plastic pipe that doesnt have the ribs inside, so this trick doesnt work anymore. I did manage to convince one of my buddies who runs a logging crew to go back to the old metal culverts but i think that trick has run its course.

>>18293474
i miss physical staking, it gave a lot of work to young guys the way tree planting does now. It also lead to a lot of interesting finds by accident too like you say.

>>18291729
no one is going to accept shiny rocks as payment in current age. you guys beyond delusional. for me? its bitcoin.

>>18291920
It’s coming down retard. I wish you would have gotten an extra 100 ounces of silver and subtracted 1 ounce of gold

>>18293487
>I did manage to convince one of my buddies who runs a logging crew to go back to the old metal culverts but i think that trick has run its course.
Clever lol.
>>18293499
>it gave a lot of work to young guys
Yeah, expose them to the industry, feed the flies and mosquitos, and keep the barmaids in town pregnant with lots of tips LOL.
Some things never change LOL.

>>18293367
Do you melt the nuggets or sell them as is? I understand that natural nuggets, even small ones, sell with a big premium.

>>18293509
>its bitcoin.
might not last forever. might be replaced. might get cracked by quantum computing. might get hacked.
the only thing replacing gold or silver at this point is space exploration or matter synthesis.
Disclaimer: i hodlr some btc

>>18292156
Just keep buying. I’m glad my wife made me buy weekly for the last 2 years. In return I said you have to let me jerk off on the kitchen floor and you have to lick it off the floor. And she does it

>>18292954
>>18292954
>I will them about /biz/. I will tell them about the days before the singularity.
>>back when one chainlink cost $2.

Fuck off newfag

>>18293527
I keep my nuggets, i keep some in a pouch to show tourists when i go through the old ghost towns like barkerville or greenwood or new denver. I sell some as well to a set of collectors who fashion them into jewelry or keep them as show pieces.

>>18292156
I would be hard pressed to think premiums aren't going to dip a little in the next few weeks.
Who cares? You are buying for the long move. Silver moves slowly. No point trying to time the dip. Just keep buying at the pace you can afford.

I just got an alert that Larry sold another batboi. Was it one of you guys?

>>18293149
It honestly doesn’t even need to go to 5k. I’ve said it a million times... silver could go to 200$ which is a measly 10x and it could end up being the equivalent of a 1,000x in today’s fiat paradigm after the deflationary collapse of all asset prices.

So say you have 200 ounces of silver and it goes to 200$. That’s 40k. Big deal... who gives a fuck? But it will be like having 40k and prices going back to how they were in 1912. So you’ll be a fucking king

>>18293208
Hey Pan Man, I'm from Galena, Kansas. Any recommendations on if I should go searching for anything? My father just passed and left me a lot of silver and gold coins that have been passed down.
Should I bring to an appraiser?

>>18293162
Again... you guys are valuing the dollar value of silver and gold in today’s fiat paradigm. If you told me that silver would go to 80$ or even 200$ with prices being what they are today I wouldn’t even give a fuck about buying silver. Like ok I got 10k and silver 4x or 10x. Well who gives a fuck when everything is melting down... and who would give a fuck about those returns even if things were normal. Those are nice returns but nothing insane especially if you don’t have a ton to throw at it initially.

But 80$ silver will be fucking insane returns coupled with a loaf of bread going back down to being a nickel or rent for the month going down to being 20$ like 100 years ago

>>18293615
How do you think they'd reconcile GDP with gold/silver? What percent would be deflated and what percent would be kept? Every time I have crunched the numbers of global GDP to global gold production, I ended up with a $750,000 - 1 t.oz ratio more or less.

>>18293628
nice coin mate keep them!

Unfortunately i do not no much about that area, I would suggest you look up your local archive info if you want to go look for some ore. What I can find is saying that any silver in your area was a secondary byproduct of mainly lead production, so probably low value ore from the get go.

>>18291729
any other anons been here? looked at iridium almost a year ago and though about it but didnt pull the trigger at 1400

>>18293654
I understand the point you are trying to make. Scaling downward doesn't address what I am asking though. Some type of GDP reconciliation has to take place at the national bank level before any other part of the economy can pursue normal price discovery. That is why I am expressing everything in fiat currency. It makes it easier to identify gain ratios.
Country has a gdp of $1,000 and an annual gold production rate (or vaulted amount) of 2 t. ozs. Simple math tells us the currency could be redeemed for $500 per ounce.

I have done these calculations with the GDP of several countries. Each time I ended up with numbers which only reconciled to $100,000 per oz with MASSIVE systemic deflation.

>If you have an opinion on those ratios and some math to back it up, I would love to see it.

>tfw every time I post my batboi people say they don't want that one, they want the shiny one

>>18293655
Honestly... I don’t know anything about all the math and numbers. I’m not smart enough technically to figure it out. All I know is that for most of human history a silver piece the size of a silver dime was a day’s wage. And everything after the fed has been massive inflation. Mike Maloney is basing the 500 ounces of silver for a home based on the 80’s. What he doesn’t take into account is that 1980’s prices were still suiuuuuuuuuuuper inflated. 500 ounces will probably buy you a small town.

There’s just no way that 500 ounces will not be a fucking kings ransom. I mean how many people out of every 100,000 people in the US you think have 500 ounces of silver? Maybe 5? 10? How many own 20 ounces of silver? Maybe 2-300 people?

99.9% of people out there don’t even have 100 ounce of silver. So even that small of amount will give you an enormous leg up on others.

Hell.... silver is basically sold out right now.... but I bet if you randomly went up to 100 people 2 weeks ago and asked them if they’ve bought solver since this whole corona thing started I’d bet none of those 100 bought. These online dealers and stores being sold out probably represent a fraction of a fraction of 1% of the population buying right now

heres something you guys might like, one of the kids I know in Wells BC found one of these 1853 gold dollars at the Stanley townsite while metal detecting. I ve always hoped to find something like that while digging. that photos from ebay btw, I cant find my own photo of the coin.

>>18293714
never even fucking heard of iridium. i looked at rhodium for the first time today and was like wtf is this bullshit.

>>18293753
Yeah I mean maybe you are right. I wouldn’t be surprised if you are right and the math says 100k per ounce with massive deflation. But here’s my question to you. For silver especially.... if it goes to 5k per ounce.... followed my massive deflation.... how do companies use silver then in production. Wouldn’t it be out of their price range even though most electronics and other shit use a micro amount of silver

>>18293367
ultra based

Here is a faggot closing shop because of the celestial virus.

https://youtu.be/0wl5AGNvKJM

>>18293766
>Hell.... silver is basically sold out right now.... but I bet if you randomly went up to 100 people 2 weeks ago and asked them if they’ve bought solver since this whole corona thing started I’d bet none of those 100 bought. These online dealers and stores being sold out probably represent a fraction of a fraction of 1% of the population buying right now

So this is the one point I agree with the most. We are the first movers here talking about silver in relation to covid. Once the general population figures this out, the market sentiment is going to go ballistic. Do your part and begin to slowly silver-pill your Normie friends to buy. Don't be a creepy salesmen though, just slowly drip them information day by day until they understand and start buying.

>>18293810
You see the one comment of the guy who said he made a pretty sizeable gold purchase and still hasn’t come 2 weeks later and no notifications about it

>>18293760
get a led or 100 w bulb. 60 w makes your photo look dark

>>18293852
o man i would not want to be that guy

>>18293800
>For silver especially.... if it goes to 5k per ounce.... followed my massive deflation

The 5k per ounce number I used above was based on a 20:1 extraction ratio from the earth's crust. That prices in GDP deflation but doesn't reflect consumer price index deflation: Thus an ounce of silver would be worth almost a year's wages. If we assume 25 years for a house, just to make the math easy, then 25oz would buy you a nice house. Or 1.25oz of gold which feels intuitively reasonable.

.... how do companies use silver then in production. Wouldn’t it be out of their price range even though most electronics and other shit use a micro amount of silver

Consumer electronics would cease to exist as we presently understand them until some sort of new technology could be developed for the manufacturing process.

With those numbers, which are reasonable and allow for present GDP valuation before deflation/collapse, then someone with the current silver/gold ratio of 114:1 has enough precious metals stored to buy at least 4 or 5 nice homes.

>>18293827
I’ve actually given away 5 eagles. One to my acupuncturist who is polish and red Pilled on jews. I’ve literally talked with him about the importance of buying silver during 3 acupuncture sessions. He gets it but he won’t pull the trigger. So I gave him an ounce and his wife an ounce who is his secretary. And the chiropractic guy who shares the same office space and my acupuncturist I was redpilling him too and he’s like pssssh? A gold standard? And this was the day like a week ago when trump was speaking and talking about loans... so he and my acupuncturist and his wife were glued to the tv. I’m like you guys.... none of this shit mattters it’s just helicopter money and you can’t just give everyone loans and it ends up being fine you have to be buying silver like nobody is doing

Gave 1 to my naturopath and auto mechanic too. These are all smart people and they don’t get it. I tell them it’s all inflationary and a silver piece the size of a silver dime used to be a days wage and when it collapses even just 100 ounces of silver will be worth so much.

So....... I do not think normies are going to start pouring into silver in any significant %. Who knows it might not take much to push it up... but I think that silver going up a lot is going to be because of a reset and not normies buying.

>>18293877
>Consumer electronics would cease to exist as we presently understand them
Yeah, I don't see that happening anytime soon. Literally no one wants that to happen except maybe the Amish.

>>18293911
Maybe different in NA but in my country it's considered extremely rude to inconvenience or try to convert your hired help.

>>18293911
Don't give away your stacks to normies. They will never attain tendies. You are better off holding your stacks and giving a portion of the tendies to your friends later.

>>18293827
I’ve given 5 eagles away in the last week. 1 to my acupuncturist, his wife who is his secretary. The chiropractic guy in the same office. My naturopath and my auto mechanic. These are all smart people. Especially my acupuncturist who is from Poland and is red pilled in the jews. I’ve talked about silver to him in about 3 acupuncture sessions. He totally gets it but he can’t pull the trigger for some reason. I told him.... a day’s wage used to be a silver piece the size of a silver dime for most of human history so you only need to get like 100 ounces and you’ll be golden. The chiropractic guy is like Pssssh? A gold standard? And this was the same day about a week ago when they were all glued to the tv listening to trump or whoever about loans for businesses. I’m like guys, none of that shit matters or will help. It’s just helicopter money. You need to be getting gold and silver. Same with my naturopath and auto guy. All smart people but it just doesn’t register with them even when I spoon feed them.

So I think the shot yo in prices isn’t really going to come from normies but more in a reset. I mean even if 2-3-4-5% of normies started buying there wouldn’t be enough silver at online stores and especially physical dealers. Hell they are empty right now and like you agreed with me.... a fraction of a fraction of 1% are causing that

>>18293940
You are right, no one wants that to happen. BUT, it would be the reality of a PM currency. Until favourable exchanges rates could be created with other parts of the world (cheap labour is dying pretty quickly at the moment) and chip manufacturing could re-source its silver/gold components, computers and scrap in landfills would be worth more as currency than function.
>People forget that gold and silver are highly beautiful and highly functional. You can get a couple grams of each just from your laptop. That means the base cost of a laptop would be measured in thousands of dollars in raw materials at a minimum.

>>18293955
It’s therapeutic to be honest. I only gave 5 ounces away. I have more than enough. And I like all these people. Sometimes you have to show them it and let them have it and keep it to be like ohhh wow yeah this makes sense.

>>18293967
Sorry for this repeat thought the first one didn’t post

>>18293911
Free silver??? Man, have I mentioned that I have never even heard of silver before??? What? I think an ounce or 25 would help me appreciate its timeless value ;)

>>18293969
Consumer electronics will not go away, they might get more expensive

>>18293911
>>18293877
I'm watching you guys talk about collapse and such, which is interesting. In a scenario like that, what's your exit? Will you keep silver or trade it in for whatever the new stable gold backed currency is?

>>18294014
I don’t know exactly I think it will become obvious once the time comes. It’s going g to have to be trading it in to the govt I think. I mean PM dealers aren’t going to be open. It’s gonna have to be a new currency.

>>18294011
Correct. In the context of an ounce representing a year's wage then the cost of metal alone would represent 6 months+ of labour. The only people upgrading their cells phones every couple of years would be the stackers from pre-collapse or landlords with income properties.

>>18294014
>Will you keep silver or trade it in for whatever the new stable gold backed currency is?
Trade it for the new Trump US treasury notes and then play the exchange into canadian dollars as our economy gradually implodes.
Treasury notes will be worth their weight in gold if the US goes that route. No reason not to convert immediately and buy stock assets from the remaining functioning parts of the economy before everyone and his uncle melts their family jewelry down.

>>18294038
So maybe this is how trump will pop the THOT bubble too? No more instagram or senpai whores because only a handful of people will be able to own cell phones.

>>18294062
Well, they would return to being status symbols. The common man would actually experience an increase in his standard of living because of the onshoring of manufacturing and the return to financial stability. However, there would be a decade minimum during which consumer electronics would stagnate, be recycled, and then finally find a new domestic price point and begin growing again.

>>18294078
+1

>>18294078
couldnt put it better myself

I'm going to sleep hugging my batbois. Guys there is no fucking way that people are going to give up using cellphones. We'd have world war 3 globally before cell phones weren't in everyone's hands.

Silver going to $60 by Jan 2021.

>paying premiums for coins because they have pretty pictures on them
Bars and junk, niggers. It’s all going to get melted down anyway.

>>18294140
>>18294165
Feels pantastic in here gents. Thanks.

I could look at gold all day...

Thanks for posting Pan man. I live in the South Island of NZ. There was a huge gold rush 150 years ago and lots of pannable streams here. Also a lot of conservation land where commercial mining is banned. You're an inspiring chap.

>>18294188
>give up using cellphones
Just wait until they realize that they have no real currency, their debt is due, and they can pay the entire sum off and have enough to live on for a few months by scrapping their old cells phones and ipods etc.
>All the normies will hand over their electronics, and the /PMG/ master race will have the Interwebz to ourselves. Its going to be glorious anon!

>>18294234
you can still go and dig bud, just dont get caught :) government just doesnt want us having access to treasure!

>>18293976
Gave my brother an ASE on his last birthday. It's like giving $20 as a gift in normie mentality but I like the idea of planting a seed and introducing AKSHUAL money to someone. I'm trying to tell my gf to put some of her savings into Ag but she's kinda retarded when it comes to such decisions.

>>18294283
I think every norm will understand and appreciate it if it's a nice looking little silver bar. They have lots of cultural references for that. Oz coins, not really.

>>18294283
You should give an ounce to your girl too if you want her to get interested. I’ve given both my parents Gold and silver, both my sisters, my gf, my baby niece and a friend so I’m doing my part to spread the word. My gf asked me the other day if she should buy silver but I don’t like to make financial decisions with other people’s money. You can lead a horse to water but you can’t make it drink

>>18293097
And to you kind sir

I am not sure if you gents would be interested in this.. but its a bit of a BC lost teasure story I ve been following up on for the past two years off and on....

Back in the summer of 1961 a resident of Wells BC by the name of Bee was scavenging metal with friends at an abandoned camp on French Snowshoe Creek Rd below Yanks Peak. Bee wandered into a cabin at this camp while his friends were searching tool sheds for parts and old gear to salvage. Inside Bee found, laying on a bed now long rotten away, the skeleton of a man with a bullet hole through his head. After the police investigation Bee returned and looked around the ruins again and discovered 200ish rusty oil drums. When he tried to tip one over he discovered it was incredibly heavy, as though full of lead. He removed the lid on another and discovered a thick gray black metallic paste. After showing this to another local he figured out it was silver concentrate, likely stolen from a nearby mine back in the 1940s. So Bee and his friends the McGowen brothers cleared the road out and brought a flat deck truck in and split the find between the three of them, each stashing their portion somewhere. Bee than went back to pipelining in south america and totally forgot about the silver until 10 years ago when prices spiked again. When he returned to the area he had hidden the drums, behind an old dilapidated shed in the middle of a field somewhere on Red Bluff Rd in Quesnel, he discovered that everything had changed, the area had been developed. To this day those drums of silver concentrate are out there.

Now I know Bee is somewhat of a story teller but his stories legit. I looked up the skeleton find in the local archives and yes it was found as described. Bee also still has a bucket of the concentrate in his shed which I assayed a portion of, coming back 95% pure silver with miner zinc. Its still out there somewhere... someone has to find it....

>>18293615
>>18293655
you morons are delusional. if silver goes to 200$/oz, the mot precious metals would be brass and lead at that point.

>>18292015

>>18294437
a bit more info

The skeleton belonged to the manager of the Mosquito Creek Mine which was operating at the time, the secondary silver concentrate from the mill was stored in oil drums, filled half to the top, otherwise they were too heavy to be moved by men. The manager was having one barrel per load transferred at night to the camp at french snowshoe. Obviously someone found out and shot him for it, but never reclaimed the silver, probably because of how remote the location was.

The sister of the McGowen brothers remembers them moving the barrels to their ranch in Likely, than moving them again some time later.

Several elderly farm owners in the area of Red Bluff recall the oil drums behind the shed but can not recall where the shed or the ranch house it was part of was located. Survey maps show several different ranches on Red Bluff Rd at the time but none are standing today, Bees silver is likely buried under a long rotted shed.

lets get back on subject,
most govt mints are shutdown. the US mints are officially sold out of ASE's
as of official guidelines it'll be a month before we go back to work. theres already high demand, i fully expect 2020 govt coins to be worth alot 5+ years from now

>>18294712
i expect their products to fly off the lines for quite a while after this is over... that is if things dont actually spiral out of control. I would love to get some of my bullion properly minted and branded eventually, but it actually costs more than I thought it would.

>>18291729
https://www.bitchute.com/video/fiG11Z7JBbDC/
This is a gang of people that created virus swindle up on you

>>18294738
i fully expect paper and physical silver prices to separate. even if it just a ridiculous premiums for the for see able future.
so i'm thinking over the next 4 years its going to just slowly go up.

>>18291826
how to get hoes in my concubine ????

>>18294776
>slowly

It only takes a few weeks for people to lose faith in FIAT currency fren

>>18294738
Pan Bro can i get ur email im a small scale miner myself i work all over Australia and im starting up with mineral dealing i would love to see what you have hidden away

>>18294776
yes i agree, although i think paper will get devalued a lot due to their performance with the pandemic. When everyone called in wanting physical they couldnt pay out properly. That is if people remember that fact.

Have enough for 1 oz gold, or should I get that much silver instead? What would owning 1 oz gold entail, compared to owning the silver instead?

>>18294792
for the most part i dont do any mineral deals online, I ve been burned in the past unfortunately. However I do have an email set up for it, I just need to find the password again before I start putting it out there.

>>18294783
inflation will be worse then normal. and silver will adjust but i also think it'll adjust once it gets separated from industrial silver. so yeah a small spike this year, but year over year growth of atleast 10%

>>18294792
i have about a ounce and a half of law twined silver crystals from elura 0.5-6 gram bits i would take a photo but packed all my stuff up for the boogaloo because im in a city rn

>>18294794
i thought with the paper silver, there was no way to cash in for real silver?

>>18294795
silver, i think it'll go higher then gold. if you never plan on selling then buy what ever lol

>>18294437
>>18294646
cool story. the only part i find hard to believe is Bee just "forgot" he had a big stash of silver

>>18294826
I am probably remembering it wrong, half way though last months market crashes a bunch of major firms suddenly were given hundreds of call orders on silver and gold products and had to put out press briefings saying they would have to wait two weeks to ship? I am sure I remember reading a ton of threads about that here on BIZ as well at the time.

>>18294848
It makes total sense to me seeing as the whole area has totally changed since he stashed it. None of the original landmarks are still around and there are no photos, only semi accurate maps to go by.

>>18294806
ill keep a eye out and ask you again later on everything i have will link to my face pretty quickly so fuck that

the game is rough so i am learning if you have any worries like that i dont mind paying first and risking it on my end as i have learnt to do dealing with asian miners

>>18294848
actually sorry I wrote that wrong, he knew about it all that time, however it just wasnt worth it at the time to deal with. You would have to take it to an industrial size smelting site, have the left over zinc removed and than cast into ingots. A smelter could do it but that would raise questions.

>>18294868
yea I can buy him forgetting where it was due to changes in the area, but why did he "forget" that he had it, and only remembered 10 years later. it sounds plausible that he found it and hid it. but he did put in the effort to move it, and then just got distracted by other day-to-day life events? sort of weird. if i found something valuable i would probably keep it at, or nearby my house.

>>18294877
nice stones, I am not a gem guy much, what are they?

>>18294779
one dime at a time

>>18294887
yeah I can see that.

>>18294877
what are those, they look pretty

>>18294893
I think he didnt leave it at his home because at the time he didnt really have a home in the local area, he was living out of a big travel trailer. Bee is a placer miner, hes always on the move. Now he does have a permanent residence, but at the time he was constantly on the move either working or digging someplace.

>>18294907
surprised no one has posted the blowjobs from whole foods married woman pasta yet.

I've finally swallowed the pill

Spent so much time on WSB fucking around yolo-ing options for the past 2 years. Been profiting off of shorts the past month.

Everyone is still shorting and thinking it goes down more. I start to worry. I agree, but if it goes down more, what else will happen? Bad shit. I research.

And here I am. If it plummets to the doom level everyone is afraid of the only thing going to save the value of your money is holding gold or silver to exchange after the hyper inflation.

I'm sold, if it gets to that point I'll be ready. I finally get it

This is almost insurance. It's not an investment. That's why normies can't wrap their heads around this.

>>18294232
Damn, man. That is mesmerizing lol

>>18294914
it sounds like you know Bee and he's above age 55-60? if so, maybe you can help him find it somehow.

>>18294953
I know right...

>>18294907
Baller

>>18294973
...on a budget lol

>>18294966
we tried, we've driven around the area about 4x. His memory is shot, everything is different than it was all those years ago. I went around by myself and asked around to different people in the area, asking about the drums (not mentioning whats in them) usually saying I think they were filled with cyanide or toxic waste. People do remember it, multiple times oldies would call up their neighbors across the way and ask about it, but no one recalls where it was exactly. I think the only way to find it might be with a lidar scan or something similar, but I dont have that kind of money or time.

>>18294897
just red Vietnamese spinel nothing special or expensive

found some broken hill galena that is not packed away yet

>>18291729
Is there anything wrong with MoneyMetals.com? I don't see them talked about a lot, but they seem to have lower prices than some of the other sites. Is it hidden fees?

>>18294994
Hay now thats a name I havent heard in a while, nice looking galena. I have similar samples as well from the Sulivan Mine.

Unfortunately I dont have a lot of really interesting samples that would sell right now, I am hoping to get up to a mountain near quesnel this season to a massive quartz outcrop with amazing crystal clusters, but it all depends on weather.

>>18294949
>This is almost insurance.

It is insurance mate

How much would you pay for the bat coin?
It's sold out everywhere, can only find it on eBay for $150

>>18295027
its a ever growing list, just harass people at beginning of threads and they'll add it.
>>18295046
honestly, 100 is fair, right now 120 is the most i'd pay and thats only if you think they won't make anymore

>>18295027
not that i know of. they had cull ASEs for less than 2 over spot usually before shit went sideways. their podcasts are red-pilled af. havent done much personal business with them though.

i should have put coin exchange on the list but spaced. got a lot of constitutional silver through them. they seemed to be more into out of circulation coins and currency

>>18294949
Its not insurance its fucking real money and real savings.

>>18294795
buy silver, trade for gold when the ratio goes back to 10 to 1 and then you just made 8 free ounces of gold.

Ive got 44 silver eagles and 20 Britannias.

Is my fomo stack enough to make it?

>>18295586
no but you'll but youll be relatively comfy

>>18295586
you need MORE

>>18295586
silver won't 10x i figure 60ish is the best will get this decade.
if you want a make it stack, thats what 4k ounces
NMGI

>>18295646
>>18295636
>>18295610
Best place to get 5 and 10 oz portions rn?

>>18295689
https://findbullionprices.com/closest-to-spot/
this site is your friend

>>18295710
yes go with this

>>18293877
>20:1 extraction ratio from the earth's crust
Fake, it's not extraction but supposed presence, it's 19:1 not 20, and this number is geologists bullshit working for the GATA.
The only real ratio you need to take into account is the actual G:S mined ratio, and it's 1:9, and you have to take into account silver prod is for 60% a byproduct of copper and lead mining exploitations, which are gigantic. Meaning silver is far more rare than ppl think. At BEST gold is 9 times rarer than silver.

>Consumer electronics would cease to exist as we presently understand them
wtf are you smoking? Do you think multiplying silver's price by 20, hell even x40, would change anything when the average smartphone contain half a gram?? You'd pay $1-2 extra on the finished product, that's it. The only industry it would really impact is jewelry, and to a lesser extend solar panels.

Not only your numbers are off but you have no clues what you are speaking about.

>>18293162
if gold is 25k silver will be much higher
More like gold 10k - silver $500

>>18291729
what does it feel like to own a monster box?

>>18296677
It feel like being an illuminakike : you know you have true power but you can't let the normans know about it, you're just allowed to tell it to others illuminafrens on /biz/

feelsgudfren

I have some silver. Just enough to not starve if the economy colapses.
When should I trade it for maximum gains?

>>18296677
i saw the mini monster box of 100 ASEs was on sale for around $2000
i almost bought one, i prob should have

>3,350 tonne goldmine found in UP - 5 times India's reserves
OH NO NO NO GOLDBROS GOT TOO COCKY

>>18291896
>serious question. what likely scenario results in PM prices to stop being suppressed and valued correctly?
It's literally happening now that the supply side ended and COMEX defaulted.
Spot price = irrelevant since there is no delivery
Silver is selling for $50/ounce here in Australia which is about $30USD and that is with 2 weeks lead time. People will seek hard assets AHEAD of hyperinflation, so silver/gold supply drying up and price scalping will be that time.

It's happening RIGHT NOW

>>18296828
Doesn't matter. Even if the gold price falls significantly, it will never completely collapse. Also, gold will still rise after this in the event of a currency shock.

>>18291729
ohaio frens
breakfast sammich time

I made a thread about this before, I am stackless but hoping to change that rapidly. My goal to start immediately is 1 x 1/4oz gold (probably a single British sovereign), 20oz silver (in 1oz coins), end of the year goal is 3oz gold, 50oz silver.

Does this seem like a good idea? Anything different you might do?

>>18297208
if our just going for PMs, don't fuck with numismatics if you can avoid it because of premiums. Generic bullion is all you need, bars, rounds whatever.
should be obvious it's not for day trading its long term holds with maybe strategic buy or sell at huge changes during times of volatility

right now there is every reason to expect gold/silver to go up some time during/after the recovery from current crisis
then it will go back down again if its continued to be manipulated by gigantic whales

Just bought another 20 ounces of silver., wish i'd got 60.

i jumped on the batboi meme train. Can't weight to feel the full 5oz weight of corona in my hand

>>18297573
thats a big premium

>>18297386
I just bought another 250g bar and a 500g bar. Postage still running ok in the UK

>>18297592
For you

>>18297592
meh, small pressing. worth it for coronachan apocalypse

>>18297573
May Larry bless your soul.

>>18293162
Russia and China will go to a gold standard. Why do you think Russia was accumulating so hard whilst being in terrible economic trouble?

Do you think they'll allow the US to exchange all their gold and silver away with a dollar backed by something else?

>>18297942
>worth it for the memes
*tips fedora

QUICK WHY DONT PEOPLE JUST TAKE DELIVERY ON SILVER FUTURES CONTRACTS IF SPOT PRICE IS SO MUCH LOWER THAN PHYSICAL??

>>18299263
I second this.

>>18299263
>>18299329
How many ounces qualify for a delivery again Anon?

>>18299374
What is 5000 anon

>>18294949

The neat thing is that it's actually both.

>>18299263
she could take delivery of my bullion, if you know what i mean

Should I purchase 2 Buffalos or 2 GAEs?

>>18299684
i'm getting a buffalo if i can. that surface is just too beautiful.

>>18293562
>new denver
Is it better than old denver?

>>18294949
Smart money. The thing is, the stonk market might not "crash" as much as we think. We printed enough money to prop up the DOW, but the value of the dollar itself will be much lower, making the stonks worth less even if they hold the same dollar value.

>>18299759
same and I just love the American west in general. live in CO and as much as I hate the pols, I dont think I can leave here. Arizona is nice though.
Does the fact that a Buff is 24k compared to the GAEs 22k make any difference aside from the Buff is softer?

>>18299903
i hear from a lot of sellers that the purity doesn't matter though i can't help but think it would be an easier sell if it looks like gold. personally i like pretty much all the major bullion coins just the buffalo stands a little bit above the rest.

Leaf here. Any good Canadian dealers to look into. Looking to get some Gold and Platinum as well as boost my silver.

>>18299374
i dont understand the point youre trying to make

>>18300169
That not everyone has $800,000 USD sitting around to buy silver.

>>18300222
5000 ounces does not cost that much

>>18292122
A great price is a great price regardless of when you get it.
I bought some 1 oz. silver coins from the NZ Mint with Mickey Mouse on it. Paid $20/coin. Felt like such a douche paying that price, but only bought 6 because I wanted the silver and my daughter likes Mickey Mouse. Now the same site is charging $40 for the same meme Mickey Mouse coin.

>>18299903
>Does the fact that a Buff is 24k compared to the GAEs 22k make any difference aside from the Buff is softer?
Only if you’re traveling internationally like some shotcaller. Ill have to look up the video but different countries have different taxes on gold when crossing borders. 24k being what they prefer was a lower rate I believe.

>>18300072
Im pretty sure Sprott metals is located in maple-land

>>18300317
Good deal. Bought a tube of Darth Vaders from NZmint because i didnt have anything from them. Those were trading at close to 25/oz when spot was around 18.

>>18291826
Any info for Ontario, Canada?
Advices, book, etc?

>>18300072
Canadian pmx in the center of the universe seems to have stock

>>18294988
No shame in the stacking game.

Poorfag here too, but I'll happily sock away 10-20 paperbucks each week on real money, as well as supplement my buys with wild-caught silver from circulation. No legal method is off the table when it comes to growing my stack.

>>18291729
Gold is fairy money. Nothing more than mutually agreed upon value. All currency is.

>>18300628
>wild-caught silver from circulation
thas a good feel man. its from them old dirrty coins i caught the silver-bug. just cant shake it now

>>18297208
Adding on to what >>18297277 said, get some fractional silver rounds too. Those and Constitutional silver (AKA 'junk' silver) will be the equivalent of $1s, $5s and $10s in a post-fiat, silver-based economy. They're just too handy to not have a bunch of.

>>18300509
thanks, They are out of gold but ill still look around.

>>18299903
Too many douchebags in CO. I lived in Denver for a few years. I love my Dixie, I'll probably never leave again

>>18300684
It really is. Doesn't happen daily, but often enough to make it worthwhile.

>>18300668
Wow, you seem really smart

>>18291729
Autismanon here I’m grateful to see my OC is still in use reflections that are bad really rustle my jimmys but I’m getting past it now

>>18294907
>File name
Kekd

>>18296705
So true

I can never let anyone irl know, not even my wife

>>18300786
>Too many douchebags in CO
yeah and since the rec weed its worse. I'm all for weed but the amount of lazy, good for nothing assholes its brought to the state has made it unpleasant

>>18300476
Ontario isnt well known for placer gold, but it has some of the richest load gold deposits on earth. That "Ring of Fire" country has produced some insanely rich ore, some up to 1200 ounces per tonne gold. If I were there though I would focus my attention on Cobalt Ontario, and I would try and trace the surface faulting to an area outside of the claim boundarys. Cobalt Ontario is famous for its native electrum and silver showings, some plates of solid metal 3 inches thick sticking from the rock.

>>18299263
they won't take delivery because they're all on the same team, just a bunch of zionist banks and investors hold like 90% of the shorts and longs

>>18301318
From what I understand some people are taking delivery of gold contracts right now and the shorts have to fly in gold on private charters (expensive) and melt down various sized gold into appropriate 100 or 400 Oz bars to fulfill the contract. Nobody could ever afford to be a gold short right now, but the powers that be have infinite money

>>18301312
jeez that sound fun as hell to go do that, exploring for that stuff.
how much risk is there of getting shot or arrested for being too close to someone's claim?
or lurkers waiting to see you make a find and then rob you for for it?

cant decide if I should buy some rare pokemon cards or gold
shouldve bought some shiny coins a few weeks earlier, missed the opportunity

>>18301306
damn shame.
sorry to hear that. unfortunately all sta

>>18301385
If you would ever consider the cards for even a second, you're ngmi

>>18301378
in canada basically none anymore... unless your really in the middle of nowhere, bringing an excavator onto someone else's ground while there out there. Canada used to allow castle law on mining claims, if you were caught claim jumping it was a felony with the punishment being based on how much value to deducted from the claim without permission. Now its simply a fine.

Beware open mineshafts, there everywhere out on that part of the Shield formation.

look for where the thick bands of white quartz are exposed, on the contact of the quartz with the hard granite will be a thick gray layer, that is the metallic silver. It vein veries in thickness from 2cm to in one place 1km in width.

>>18292805
Is that the place where Anubis attacked the Stardust Crusaders?

>>18301403
i dont know man, got some graded cards lying around that i bought many years ago and the value has increased or atleast people are willing to pay more for those cards
but the good thing about gold is that you can sell it whenever you want for a fair price

Realistically, how long until silver will be $50/oz again

>>18301476
Damn Pan Man, I live in Vegas and now I'm itching to go try my hand at some placer mining here in NV after reading your stuff.

>>18301554
It could be a matter of weeks with the mines are refineries and mints shut down

>>18301554
> Realistically, how long until silver will be $50/oz again
I believe some places in the world people will be buying silver THIS WEEK for $50/oz. The price in major markets like the US will hit $50/oz by the end of the month.

>>18300246
Not all of us have 75-80k$$

>>18297208
You better hurry it’s almost too late

I'm really regretting not buying every beginner deal PM sites offer before this pandemic occurred. I figured I could put off getting into PMs until I had more money to spare but now there's no fucking way I'll be able to get silver at less than 23 an ounce it seems. Do I hold out and wait for it to hopefully return to 20 or under or do I go in now expecting it to not dip again for awhile?

>>18301568
NV has some amazing territory! I wish I could head down that way in the states but I cant function in those desert environments, if you really want amazing info on that region watch askjeffwilliams on youtube, hes a bit of a character but his info is solid. Far better than I could explain in posts here.

>>18301675
I currenlty have one one-ounce collector round from the World of Dragons series because it was only 20 bucks at a hippie thrift shop, and a silver quarter. feels bad

>>18301675
Just buy a bit each month regardless of price. You'll dollar cost average your stack over time

>>18301684
Awesome! Thanks for the suggestions. I've got my Sunday afternoon YouTube planned for me.

>>18301675
In the US you can get 10oz bars on preorder right now for less than $20 shipped.

>>18301258
based

>>18291729
rate my stack

>>18301711
This is great advice. 2012 bought my first 3 toz for $100usd. I made sure to BTFD and got my d.c.a. to 18.xx

>>18302279
>slavboo
I like that JM tho

>>18302299
Don't diss the cz75 bro.

>>18302182
10oz for 20 shipped? You mean shipped at $20/oz?

is there ANYWHERE I can buy physical that isnt like 50% over spot?

>>18302423
no.

>>18302423
your a little late...

>>18302423
spot price is a Jewish meme anon.

>>18302423
TOO LATE ZOOMER. t. 24 y.o. boomer

wait have the casting pellet silver / gold sites sold out yet? that could work for physical silver for some of you people.

>>18302423
lots of places. just look.

>>18302559
There is a bunch of silver shot if you really want it. Good luck selling it.

>>18302594
i am not after it but you can resell it to places if you smelt it into a bar. I know its not the best but it does work.

>>18302182
Link to this? The well known sites are at ridiculous prices and everything is out of stock. I'm looking for a way to pull my money out of the bank before shit goes down

Curious what your guys' expectations are for future gold to silver ratio. Currently its 113. I've been running a spreadsheet comparing silver prices, and average premiums i see are about 50% over spot. You'd need the GSR to drop to about 75 to even break even from the premiums before you can consider converting to gold at spot. The GSR has been below 75 for the majority of the last century (some times below 20), but historical data is not indicative of the future. I'm admittedly not educated on gold/silver macro trends, just love crunching numbers and interested in the arbitrage opportunity. What evidence do we have of the ratio coming down, and is that something to even realistically count on?

>>18302740
https://www.moneymetals.com/10-oz-silver-bars/37

Price has creeped up a bit already.

>>18302783
>and average premiums i see are about 50% over spot
Uhhh, if you are looking at 1oz ASE, then ok. How about any amount of weight?

>>18302854
Premiums on 100oz bars range from 31-34% based on prices of available items I've seen. Break even there would be GSR of 86.

>>18302783
most of the commentators i follow say they personally may start trading when the ratio gets to 40 or below.

going to add Money metals Exchange to the list. what else would be helpful?
Pan Man, what are good links to starting prospecting and the like?

>>18302880
Very true, you right.

>>18294525
Which is why you buy those too. Brass and lead insures the silver and gold, if you get my meaning.

is it worth buying small amounts of gold ie 1/10oz or 1/4oz ?
kinda new to the gold game, should i save some money and buy atleast 1/2oz ?

>>18292674
I'm near Detroit, MI. I would imagine there's some great prospects in this state since it has so many rivers and lakes.

>>18301541
Near it, yes.

>>18301554
A few weeks. The spot price will hit $50/toz easily by EOY, once the market catches up.

>>18303529
there is fine gold all over the place in Michigan, basically every gravel pit and small creek will have flower gold transported from canada during the last ice age, but no nuggets unfortunately.

Hi guys, I've acquired some antique looking 800 silver spoons/forks.

Do they hold any value? I got quite a few so I was wondering how much money I could get for that lol

>>18291729
new thread >>18303879

>>18293615
>mfw ready to pay off my student loans with 20 ASEs, and buy a house with 100 ASEs