/biz/ - Business & Finance

previous >>19467554

One of the many coins I would buy if no queen on reverse (and if it only cost something reasonable, like maybe $90-$100)
Oh well

>>19483294
>housewife status in the op is a thing now
noice. I was shilling it some time ago

Post tits and ass with silver coins on them

or gold

bros I'm so fucking glad you told me to buy silver when it was cheap I'm rich as fuck thank you guys I'm finally making it I can't believe it

>>19483539
nice!
well done, anon


post stack~

Guys I don't know what to say, I think im agreeing with the elites with that normies shouldn't have pms. They are just so stupid and undeserving, why revert back to constitutional money when we can have it all for ourselves?

>>19483650
wtf I love deception now

>>19483294
Is JMBullion.com scamming people? I've been comparing their website to others and their spot prices are always higher - sometimes by .10 - .20

>>19483903
Has it been faked after all?

I was thinking about buying one of these... but compare these two pics. In one she's looking off to your right, in the other she's looking right at you.
Different runs, or is one a fake?
If fake, which one?

>>19483957

>>19483969
>>19483957
I refreshed these simultaneously and MM was .07 lower, but I've seen it much worse

>>19483903
>>19483959
bgasc has pics of the one looking off to the side, so I figured that one was the genuine one.
But the ebay seller with the one looking at you appears to be the retailer associated with the mint. Appears to be, anyway.
Guess I'll have to do some investigating. I'll call 'em tomorrow.

hello frens

picked up this little chest, got to admit i'm impressed how shitty it is, I think they glued everything together. but I can pick it up by the handle and it doesn't make horrible sounds lol

>>19484089
rofl it looks like you already need a new chest

>>19484120
I can just put them on top, theres enough room for a second level. but I figure I should worry more about the weight then actual space

>>19484165
True, that handle looks sturdy enough for what's in there. I cant talk shit my stuff is in a cardboard box atm lol.

>>19484458
that's pretty much how I store mine. but anons were posting some pirate boxes a couple weeks back, made me want to get one. I couldn't rationalize spending to much money especially on something with a tacky plastic skull on it lol

Coming sooner than you think anon

>>19484693
It never will go back. There's no reason for silver to be 10:1 with gold without physical silver currency in circulation, which will never happen.

>>19484947
no one expects it to hit 10:1 right now I think the correction will look more like 60:1 instead of this 96:1 it is currently

>>19484693

147 oz silver
0.77 oz gold

How much more time do i have to acoomulate

>>19485254
either 2 years or your about 3 months to late

>>19485280
I don't think most people realize just how little actual sound money exsist.

>>19485254
Get up to 1.5 oz of gold anon. You can stack up fractional European gold for cheap.

>>19485254
It's kind of a folly to say PM's have reached a certain price so now it's time to stop accumulating because the central bank money printing will never, ever end until the currency is totally destroyed. I'm sure Argentinians looked at the exponential growth curve of the gold price in their local currency and said in 2011, 2012, 2013, 2014 et al "now it's the top, time to stop accumulating!"

>>19485638
even if (or rather when) half your monthly paycheck only buys one troy ounce of silver that's only the more reason to keep stacking

>>19485615
This. Fractional EU Gold is pretty good. Little to no .999 if that's what you're looking for, but plenty of .900 for very low premiums. Go for British Soverigns, Ducats, or Coronas. I've noticed Pesos also have lower premiums.

>>19485638
anon, there are times when the value of gold buys more then other times. you can't really say its always wise to invest in a certain metal. what happens when a new mine is operational and the supply is going to increase which should reduce demand and prices...
also I just heard a loud bang from the neighborhood behind me, like a cannon almost, it sounded loud and deep and wtf was that, i'm grabbing my AR lol

>>19485766
GET OUT OF THERE NIGGA

By there I mean your country. You have too many melanated individuals for it to ever be safe again.

Schiff!
>schiff!
Schiff!

What are your thoughts on the chimp outs and when is the moon mission going to happen? I am curious about your incites one what’s been happening

>>19485793
yeah yeah, its because I live around Indianapolis. I also heard a helicopter fly by, I think something happened though lol.
but I say 70% of the US is actually a really nice place to live with low taxes for a first world environment

>>19485861
Stay safe out there you crazy idiot.

>>19485801
I've been out in thd streets sucking big black nigger dicks all night and day for the last week.

>>19485908
that's rude we all know Schiff prefers Pilipino lady bois.
did we ever find out what happened to his live stream?

>>19485938
I just love sucking nasty crusty mildew smelling cocks. Why, just yesterday I freebased a whole 8 ball of crack and sucked about 8 nigger dicks that evening.

I have $240 how do I maximize this amount for max silver gains?

I just got a refund on some fucked box of sports bars I order a while back that never arrived and figured silver is better than protein bars

>>19486045
Not sure now, you could try and head over to r/pmsforsale and try to get a decent deal there, but be careful be there are a lot of scamming fucks there.

>>19486045
prices are pretty bad atm. i havent seen anything deal-wise that stands out. jm has the owls for $21 that's about the best you'll do.

>>19486045
https://findbullionprices.com/closest-to-spot/
https://www.scottsdalemint.com/product/10-oz-scottsdale-stacker-silver-bar-secondary-market/
https://www.scottsdalemint.com/product/5-oz-scottsdale-silver-stacker-round/
https://www.moneymetals.com/buy/silver/rounds

looks like for your budget, mainstream reputable dealers... low $20s to mid $22s per oz.

First time posting my stack, be gentle. Am I going to make it?

>>19486477
Nice. What are those 2 stacks on the far left?

>>19486500
Some shitty generic copper that I was a total noob buying. Thought copper was priced/oz and not /lb, got raped. Keep it as a reminder.

>>19486477
Beautiful stack anon. Can’t wait to share mine when I can :^)

>>19486477
That looks like what, maybe 600+ oz silver, 7 oz gold, and 5 oz platinum?
Very nice

>>19486581
Thanks. One thing I learned setting this up.... I'm not bugging out with all that silver, it's heavy as fuck. Def going to convert to gold when ratio is more favorable. I'm thinking 20:1 will happen in next 5 years. Silver $50/gold $1000

>>19486622
Very good eye, and 40 oz of copper =/

>>19486477
2 of those coppers will gain you entrance to the citadel.

The rest will get you a supertanker full of 16 years old Asian lolis crewed by a team of formerly well to do housewives and their questionable underaged daughters.

>>19486691
Excellent, I've never been to the citadel.

>>19486653
40:1 best case (3,100:75)
>>19486691
copper? the fuck, are you indian?

>>19486673
Good balance between bars and coins, different types of rounds, mostly private mint to maximize bang for buck, balanced against some high-end recognizable products...
Well done anon. Especially when/if gold/silver ratio corrects and you convert... it'll all fit in a carry-on then.
You're GMI. I'm doing my best to catch up.

>>19486841
Nice analysis, I mainly focused on getting good deals relative to spot at the time.
Gold average 1400, silver probably 17, maybe 16, platinum 975.

>>19483294
Hows everyones day going boys? Weathers terrible here so I am sticking in town til it blows over. Cant sit around long though have to go for that Au!

>>19486477
>be gentle
>posts $20,000+ stack

>>19487036
I've seen some monster gold stacks. Makes me self conscious. 20k doesn't seem like much for how long I've been stacking.

Anybody stacking perth mint lunar series coins? Thinking about starting since their third series is out now but not sure how well these coins hold their numismatic value.

>>19486912
getting elemental table on us lol
hows canadia land? any protest or the like

>>19487172
almost nothing does anon, buy because you like it, but don't expect to get much above spot or hell anything above spot for a lot of that stuff

>>19487250
not where i am but Vancouver saw some protests, nothing major, natives want to get back into protesting by the sounds of it soon though. Have to stay close to town, all the major bush roads to my placer claims have washed out due to crazy rains. once the water goes down I can go back out and get some dirt washed.

>>19487309
is the heavy rain a good thing, or bad at this point?

>>19487328
shit because all the roads get blocked with downed trees and mudslides i have to deal with. On the other hand, high water like this moves all sorts of stuff around and that can be very interesting.

>>19487382
hopefully your path clears for you.
and good to hear no violence up in mounty land.

>>19487574
I cant wait to go find big chunky nugget gold, but until than i ll continue to lurk in these comfy threads.

>>19485191
is that lewd or rude?

>>19483294
>got my 170 coins
>>7 (seemingly full) tubes
Are you supposed to open the tubes or not? I want to see if I got 5 coins for free or not.

I forgot the Scottsdale Mint code for $5 off, which covers my shipping. Anyone know it? Or a better code?

Silver and gold dropped pretty hard past 36 hours

>>19489293
lol, last summer it shit the bed. brexit was something else too

>>19489293
Now I can finally buy some more.

>>19483539
I only bought 30oz of silver in the dip its better than nothing but I am literally 99.5% SILVER, .5% ETH, that's my portfolio. I came to /biz/ coz I thought maybe its time to get something that actually has returns / dividends but the stock market right now is fucking toxic and so is realestate.

>>19488629
if its got a mint sticker keeping you from opening, then I wouldn't open them unless you bought it off reddit or ebay
otherwise open them bad bois up, just try not to fondle them with your greasy fingers

>>19489883
Thanks, might do. Though I'll probably get them magneted+checked at my local bullion one it's done (since I got 2 Coronacoins off of eBay which need checking), I just realised you could probably weigh them on kitchen scales to at least see how many are in each tube.

How do I know if the gold I bought was legit? I bought of a bullion website but what tests do you guys use?

>>19490889
Conductivity + weight + dimensions eases my mind.

Just ordered another 25 Oz of Scrooge McDuck and 13 2020 dragon rectangles. 24€ for Scrooge, 22,20€ for rectangles. What you guys think?

>>19491272
Do you have any LINK?

>>19491289
Shoo

>>19491418

>>19491289
Fuck no I don't.

>>19491976
Ngmi

>>19489293
Nice dip

>>19485766
If you're a 0 ounce stacklet, today is always a good day for your first ounce.
If you have a stack and still accumulating you can wait for dips, waiting has usually paid off these past 10 yrs.

69 ounces niggers

Another KG on the way

Post em

How far we expecting gold to dip?
$1700?
$1500 this summer?

complete noob here, sorry for dumb questions. do Canadians just get shafted on premiums? On silvergoldbull the lowest premium i can find is ~18% over spot, while the exact same thing is ~15% over spot on their US site. why? also, for my first purchase should i go for lowest premium, or pay out the ass for a nice shiny royal Canadian mint bar or similar?

>>19485987
>I freebased a whole 8 ball of crack and sucked about 8 nigger dicks that evening.

B-based?

>>19493132
The whole world is getting shafted on premiums. But if you think about it, spot+premium is the real price. Spot price is not real.

>>19493233
ok that makes sense, thanks for the reply. I guess I should probably stop being a pussy and buy the dip

Why is gold dumping? Why the fuck stock market is pumping? Are these people detached from reality or just high on hope? Second wave will massacre the economy in Autumn. What will they do? Print even more money?

>>19493684
Yes, they've crossed a line they can't go back to.
They will print until 1 quadrillion doesn't buy a single oxycodone now.

>>19493684
>Why is gold dumping? Why the fuck stock market is pumping?

The market genuinely believes the worst is over. This causes investors to sell off precious metals to get back into the stock market.

>Are these people detached from reality?

Yes.

>What will they do? Print even more money?

Yes.

Buckle up, Anon. Mr. Powell's wild ride has only just begun.

>>19494798
It's totally fucked. Asset owners are literally being given a greater share of the wealth at the expense of the poor. And the masses are too busy with their 2 minutes of hate to care. The media has the average American so fucked in the head it's hard to feel bad for them.

What if they are right and the masses really don't deserve anything better than servitude?

>>19483294
Today's haul lads
how will batlets ever compete?

just bought 10 eagles, thank god for vat free shops, the premiums in my country are a mf

>>19493684
Corona is a hoax but the economic fallout from the lockdown will not be

>make a big gold purchase
>gold prices drop $50 few hours later

dude what

>>19496066
>didn't see the prices just keep dropping the previous day and today
>didn't read all the reports about a glut of gold in NYC from all the contracts mongering months back
I mean, it's still an okay time to buy and there's no reason the metal won't go back up but if you were looking to time your trade, now wouldn't have been a good time to buy.

Anyone other than Apmex who have the 2020 Korean Waifu coins in stock?

>>19496665
How low will gold and silver go before they go back up, I want to make more purchases

>>19496940
This is the low until late autumn.

>>19496940
They could go as low as $1500 for gold and $14 for silver if you do TA on the price trends but there's no knowing when the Fed prints way more money or when the stock market drops and it shots up again.

>>19483294
Provided that the premium you pay for fractional gold coins compared to standard 1oz bullion coins is the same, why not buy something that has history?

Imagine buying soviet gold coins that back in the day the average commie couldnt even think about owning.

>>19483294
Selling my 50oz of gold currently...stop dipping so hard.

>>19497346
Nice, where do you get it?

>>19497458
local pawn shop

>>19497549
Nice. I like the old fractional European coins for similar reasons.

>>19498011
my favorite is the swiss vreneli, however nowadays i only see them for 6-8% premium and that is too much.
I try to stay >3% premium.

Today's arrivals. 6x5 Reichsmark and 3 2018 Dragon rectangles. Got em cheap on eBay

I have a wealthy relative that has agreed to sell me Gold or Silver on spot price, I already have some (pic related). But wanted to jump in some more. I have 10k to jump back into Silver Dollar Morgans and Krugerrands. How much should I buy of which anons?

>>19498858
Good opportunity. I'd get all the silver I can, to have more gold in the future.

>>19498979

You'd pick silver at spot price over gold anon?

>>19499903
Because of the gold/silver ratio meme.

>>19498979
Be careful of playing the gold/silver ratio. You might get burned when it comes time to convert.

>>19493684
>second wave
Oh no no no nooooo sweety

Does Scottsdale have any promo codes right now?

>>19500088

What would you recommend

>>19493684
PMs are going on sale and you're complaining?

burnished silver are the frostie bois rite?

Anyone order from Scottsdale recently? How was their shipping time on silver? Still atrocious?

>>19500088
When it's time to convert, is when it's time to trade your metals for land or other assets, not more metals.

>>19500512
Keep your silver, trade/spend it when the ratio is more reasonable.

>>19500933
>>19500964
This anon gets it, if your plan is to walk into a lcs with silver and walk out with gold you are mistaken. You will get double raped by paying a higher premium for gold and a discount for selling the silver.
>>19500512
If you really just want to go all silver feel free to but its always good to have gold and silver. Pick some up when you feel the price is right.

Recently I've wanted to add a bit of platinum to my hoard. However, JM bullion is either A) always out of the stuff or B) want to charge way over spot value (I've seen a few 1 ounce bars go for as much as $100 above spot). Does anyone know if reclining catalytic converters for their PMs is worth it?

>>19501406

>>19501287
>A) always out of the stuff or B) want to charge way over spot value (I've seen a few 1 ounce bars go for as much as $100 above spot).
that's platinum for you

>>19501793
Palladium is worse and I don't even want to know about iridium

>>19494973
>>19495007
They’re right. Fuck em. Get yours and wait for people to desperately come together. If the excesses of the 1920s are any kind of model then surely the 1930s are just around the corner. No Isis is nearing all time highs. Why hasn’t anyone asked themselves “why”? Must be blinded by greed. That’s the only explanation.

>>19502025
Nvidia *

Not “no isis”

>>19502025
When was the last time the unwashed masses had a life of decadence and not some cultural shift. The common folk has always been poor and those wishing to not be tried to gain on top.

Sure tech made things a lot easier and convenient but people are not enjoying the luxuries of post great war splendor like it use to be. It's all debt and trying to scrape by for the most part

>>19502025
That dang no isis!

Gold price keeps falling. Is this a good time to get an ounce or is this indicative of something worse to come?

https://finance.yahoo.com/news/tying-signals-miners-silver-usdx-103832206.html

Hopefully this means spot at $14 or even lower is right around the corner, and anons can make big additions to our stacks. 95% of the analyses I've looked at say short. Who knows, though...
What do y'all think?

>>19503090
>raises 3$ in 3 weeks
>down .46
Yeah this seems like a natural correction imo

>>19502878
I think it's coming down off the top a bit, but i can't see the world economy recovering to better than what it was before corona, plus I think people have probably seen how gold reacted as wealth protection to global downturn and probably even more people want a bit of it now in their portfolio

>>19503131
can't tell if sarcastic or serious...
If tou read the article, seems like it's based on more than the usual "fibonacci 3-4-5-6 candlestick inverted bart simpson wedge triangle" astrology for investors type stuff, they're looking at mining data and historic as well as recent precedents...
Who knows though. Doubt they took manipulation shenanigans into account.

>>19503297
What would happen if I waited then hoping for better premiums? Im new to stacking yet haven't seen gold go up and down this fast before, or at any time I can recall.

>>19503412
mining data shows that we have(or will soon reach) peak silver. This means there is lower silver extraction from here on out. I've done my own research and looked at the silver survey 2017-'19. Stagnating scrap production, concentration of silver mines in 1-2 countries.

>I can't tell if you're serious or not

DYOR mane

>>19503434
I think there's no harm in waiting at the moment, but then again who knows anything can happen

>>19484058
nice stack fren

>>19486477
>no merc dimes
not gonna make it kid

>>19483294
a small shipment arrived at Yukari's depot yesterday

>>19503658
ty fren. not in pic: 100x merc dimes

>>19503717
Yukari likes to keep the depot clean even while working

>>19503769
Yukari proud supporter of sdbullion

>>19503769
What’s with the figurine. Did you lose a parent at a young age?

>>19503595
>peak silver
yeah that's something I've looked at too. You could be right. I think that there is a possibility that we will step up our silver recycling game though. IIRC, Japan has been reclaiming precious and non-precious metals from almost all appliances, electronics etc for many years now. Not much ends up in landfills there. It might not be "cost effective" in the U.S. right now, but if silver reaches $3000/oz I'd bet we'd step up the recycle/reclaim biz quick.

>DYOR mane
lol always. Thank you for the input anon.

>>19503798
The children who grew up during troubling years always kept a memento of better times.

^^^I'm pretty sure Scottsdale Mint gets most if not all of their silver from recycling

>>19503798
we've all lost something along the way fren.
with Yukari, i got a little bit of it back.

>>19503885
Gunna need a source on that faggot

>>19503848
Well with all the applications I would be surprised if production keeps up. I've only looked at the scrap numbers and don't know much about the process. I wonder how well they are able to refine it(can they get .999? is the scrap still usable in all industrial applications?). We go through silver so fast and have no stockpile.

A nice wildcard to keep the hopium up is the idea that mexico will remonetize silver. There have been politicans calling for it and there is a long tradition of silver being used in the peso.

>"We have more than a decade in which international demand is not reflected in future contracts. This manipulation of the markets makes Mexican silver undervalued"

this statement is from a speech made to mexican congress. They understand the manipulation and there are already rumbles. If this were the case a large portion of the silver will be eaten up by the new currency(and mexico produces so much silver that they could viably do this and re-enrich their citizens)

>>19503931
Also
>https://www.cmegroup.com/content/dam/cmegroup/market-regulation/rule-filings/2020/4/20-184.pdf

>"“While surveys conducted indicated no clear consensus as to how much gold is dedicated to long term investments, the Exchange, in an effort to represent a conservative deliverable supply that may be readily available for delivery, made a determination at this time to discount from its estimate of deliverable supply 50% of its reported eligible gold items” it continues “ the Exchange may...determine not to discount such stock or to recognize a discount level that is more or less than 50% of reported eligible gold”

I am actually happy to share my research. I Completed a 13 page analysis on the silver market and i feel like I found some sources that corroborate a lot of rumors.

>>19503899
https://www.scottsdalemint.com/experience/

>COMMITMENT TO ENVIRONMENT – SCOTTSDALE MINT IS GREEN!

>A portion of our silver and gold products have been recovered from the
photography and manufacturing industry. This award-winning recycling
process refines the highest purity materials to a final percentage of
.999 or greater which meets or exceeds ASTM purity standards. Every
ounce recycled saves the energy and environmental impact of mining new
metal. When you buy from Scottsdale Mint you are doing your part to
support an environmentally responsible business.

So they use the weasel words "a portion of" which to me suggests it's not most, but some is better than none. If things go that way vis-a-vis $3k/oz silver and not much coming out of the ground leading to a rush towards recycling/reclaiming... Scottsdale will have the infrastructure and processes in place, putting them in a pretty good position. IMO.

>>19503978
very interesting. I guess you can refine silver to .999

>>19503931
>>19503972
Right on. I appreciate any and all info, especially from ppl who aren't just pulling guesses out of thin air.

Re Mexico monetizing silver, there was a Mexican anon the other day who posted links from a Mexican bank detailing their policy for giving Libertads for pesos. I didn't save the link, but I did find this from a few years back-

https://www.moneymetals.com/news/2017/09/18/silver-libertad-coin-market-trouble-001161

>>19504165
I was trying to find ways to order Libertads from that bank because the prices seemed really low. No luck though. I'm guessing they wouldn't be super eager to do it anyway, sounds like they want to keep the silver in Mexico for the Mexicans.

Are Mexicans going to make silver great again? How can we support them.

>>19503894
Nice englehard's fren :DD

>>19504362
themazatlanpost.com/2019/05/24/initiative-to-monetize-peso-with-silver-in-mexico/

Hugo salinas price is a mexican Millionaire(billionaire?) that has been calling for the remonetization of silver in mexico for some time.

I ahve3 oz of gold and 120oz silver.

Should I trade in 1oz gold for silver, wait on the ratio to drop and go for gold again?

why won't this fiat ponzi scheme shit show collapse

>>19500933
I always thought the same thing. By the time the gsr is 20 or so, both metals have already mooned and may be over valued while land or productive assets may be under valued at the same time.

I still think some gold or silver should always be kept as a core position though as insurance against black Swans.

>>19486912
I'm thinking about heading out next week to get some bulk samples, been talking to a heap of people and my heads spinning now on what direction to go,all the little things I need to buy, and how much more money I need. At least my truck that burnt the wiring is running now, just has a bit of an oil leak, I bought some bulk engine oil to keep topping it up lol.

>>19504850
Tbh maybe this is some tinfoil hat shit but I think the stock market is largely propped up by the very wealthy. There's no reason for them to sell off. They know the market always recovers and they live lives of perpetual financial security. Regular people cant sway the markets in a significant way. The people hurting the most right now have no impact on the stock market. Just a theory. Maybe I'm a tard.

>>19505357
They're also trying very hard to prop up pensions.

If the market drops for any significant period of time, state, local, corporate, union, etc... pension funds will become insolvent in a matter of months/years.

>>19503684
>>19503684
I went back through my dimes... They're all the fucking commie FDR. EXCEPT ONE!

>>19505272
what kind of gear do you have? You don't need all the crazy stuff you spot on youtube to find good gold. What area do you live in? If your just planning on panning / sluicing or bedrock sniping its not expensive at all to do, but if you want the amounts of gold those guys on gold rush get you need serious hardware.

>>19505272
fuck i am retarded didnt read that right, are you doing hard rock samples?

>>19498814
get tested, cheap and on ebay sounds fake... saw someone with a fake reichsmark in the old thread

>>19505619
>>19505680
Yeah I've sorta gone all in on hard rock lol, I've got an excavator on site already and the guy I spoke to suggested getting some samples for a by size analysis, the problem i've got is theres a shitload of clay in the ore so he said I might be able to screen out the fines and deal with them later if there is still good gold in the coarse stuff.

Anyone else go through UPMA to buy and collect goldbacks? They’re so fucking cool to me and I wanna eventually get the higher denominations.

>>19506743
see if you can find a grizzly deck you can bring the ore to be sorted at, they are often at gravel or road yards, if the material is over 6 inches.

>>19504432
Excellent read, thanks for the article fren.
It make total sense for the mexibros to do this. First because they know what's coming, and how the FED want desperately to provoke inflation via infinite QE. The issue is since most shitholes uses the USD as a collateral for their debts and international trades, the US simply export their own inflation, weakening others currencies while asserting dominance for the USD as global reserve currency. Normies think the FED go brrr to save the stonks, but the real reason is to destroy all the others currencies to keep a positive balance sheet for imports (since the dollar is the only thing the US still export).
And the first trading partner with the US in volume is... Mexico. So they very well know the US will have free imported meal while the pesos get destroyed.

Secondly, silver make sense for Mexico more than for any other country, they are the main producers worldwide, yet 80% of their production end up being sold well below the real price on the COMEX, sometimes even under extraction costs. And it pisses them off to no end, they'd prefer silver to be reevaluated, or at least consumed domestically as an hedge against inflation, while also being a tool to strengthen the pesos.
Cf this paragraph :
>Mexico ranks first as a global silver producer. Unfortunately, according to the Mining Chamber of Mexico, about 80% of the silver leaves the country, and is auctioned off in the New York Stock Exchange at ridiculously low prices. We have more than a decade in which international demand is not reflected in future contracts. This manipulation of the markets makes Mexican silver undervalued, the silver mining industry can not progress, or even be forced to close mines despite the certainty that there is silver in them.
1/2

>>19507173
I was already bullish on libertads but this seals it. Finna buy a grip of 2020 big tiddy mexican waifus.

>>19504432
2/2
That said, the title of the article is misleading, they do not want to monetize silver, by this i mean they do NOT want to have a silver-backed pesos. They want silver to remain a commodity so it adjust to the global trends. They know how valuable -and currently underpriced- silver is. If they give it a fixed value rn, it will only end up remaining undervalued. Instead they want the mexicans to use it as an investment vehicle, which will serve a double purpose : keep silver in a national market so it doesn't leave the country (which will also allow mines to make bigger profits) and more importantly, squeeze silver approvisioning for the ETFs/LMBA/COMEX. By provoking a shortage of silver (Mexico produce like 15% of the silver worldwide, it's a huge strategic tool), they make the manipulation occuring on the paper market even more blatant. Who will still trust the COMEX spot when a physical oz will carry a 500% premium, or more? Doing so they are fucking up the alrdy ridiculously low collateralization (currently 1:174).

Sadly this kind of initiative will probably not see the light until the situation is deemed very critical, because it would lead to a lot of tensions with the US, and for now, most mexican politicians are US whores, and would not hesitate to continue being traitors to their people just to get them juicy corruptionbux.

>>19507217
I see

>>19507217
>>19507173
Your posts made me go back and read the whole thing. Interesting stuff. Seems like the libertad already works like a side-by-side currency since you can go to the bank and exchange it for pesos at any time. I wonder how much cheaper they are to buy in mexico, I live close enough that driving down there to buy some might be fun/worth it.

>>19507263
Yeah it can be a bit complicated to understand, fren.
All this to say : we are getting megabullish news for silver on a fucking DAILY basis lately. Institutional investors are very well aware bonds, equities, derivatives (CDO CDS), real estate and the stonks are in a huge virtual bubble backed by nothing, and they want the least risky portfolio possible. The only place left is in tangible assets, especially in PMs. For the moment it's a fool play of musical chairs, but the minute the confidence break down, there will be a rush to PMs and the clown confettis fiat will become the hot potatoes no one want to hold anymore. 95% of the digicash existing worldwide is just hot air, numbers on a screen. Only greed is limiting the money velocity for now, that's why keeping propping up the numbers/dividends -and suppressing PMs prices- is VITAL for the clownshow to continue, so ppl don't use their money to buy real stuff who doesn't exist.
All above ground silver existing is marketed at 43.9 billions USD. Most companies with a cotation on the nasdaq could buy out every single oz in existence. Now compare it to the 1.4 quadrillions in derivatives.. Imagine just how incredibly bullish if just a tiny portion of this fake money want to get a silver hedge against fiat currencies. It would be the biggest moon mission in the history of mankind. For the USD alone it would be reevalued at 3K to absord the extra liquidities, but the US ain't the only country on earth.

$7K/oz by end of 2021. Screencap this.

>>19507429
>Seems like the libertad already works like a side-by-side currency since you can go to the bank and exchange it for pesos at any time

It's true for any gubment minted silver or gold coin fren. The $ denomination on your ASE isn't just here to be pretty. It's legal tender. If you go to Walmart with 20 ASE to buy for $20 of stuff, they are legally bound to accept it. Same thing if you want to exchange it for federal notes in any bank.
Same goes for philharmonic : 1.50€, or the £1 brittania, etc..
That's why they put a face value on the coins so low : they know an ounce of silver will never be worth only one bux.
And my foil hat guess now : i think it also serve as a potential consfication tool : they could take your PMs and in exchange give you the face value in worthless fiat.

>>19503717
>all that lead
>near upskirt shot

>>19503796
fuck yukari is a slut for bullion

>tfw you beg the illuminakikes for one last dip but it aint coming
CRASH THIS SHIT ALRDY REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
I NEED TO STACK ONE LAST TIME PLEASE

>>19483501
bump to see this

>>19485191
The high blood pressure stacker. Based.

>>19507865
be patient fren, I think we just saw the hump on demand from businesses starting up again. silver is under 18 again. and I wouldn't be surprised if bullion demand is also hitting its peak.
just hold out a few more weeks anon, its getting better.

>>19503769
Anon, first off those red tip bullets look like tracer rounds. you need to put at least 3 or 4 regular bullets in-between them, or your risk warping your barrel.
second those sd boxes are classy I just wish their prices were better.

why are PMs fucking dumping
i got my fren to start stacking and now this shit happens

>>19486477
Put that $2000 of cash into junior miners

>>19493684
Investors are selling to buy stocks, Fed is shorting gold, also China is selling a lot of their gold and loosened export regulations. Fucking idiots.

>>19509713
>Put that $2000 of cash into junior miners
Which ones? 2k isnt a lot to invest into stocks

>>19493684
dont worry, just keep stacking.

>>19496066
You'll recover it and more in a year. relax

>>19497279
>$1500 gold

yeah I dont think so.

If it goes down to 1600 I'll be REALLY surprised. I've been studying the price of gold, silver, mining stocksa nd the dollar index obsessively.

>>19497279
>$14 for silver
This is my dream

>>19507173
>>19507217
>>19507520
>>19507633

Thanks frogbro,i always like reading your insights, you deserve more (you)s

>>19485615
Netherland ducats are pretty sweet I just picked one up. $206 for .1104 Oz they are .986 pure as well.