/biz/ - Business & Finance

https://www.fakebullion.com/index.php/resources/fake-bullion-database
https://www.fakebullion.com/index.php/resources/identifying-fake-bullion

>>19741476

First for the 20$/ounce Silver. GO GO GO!

>>19741517
this is under 20/oz
https://sdbullion.com/90-percent-silver-100-dollar-face-value-bag?utm_source=findbullionprices.com

>>19741476
>>19741516

>>19741534
Fuck...you're good with calculations. I was thinking more for Leafs, Eagles, etc., and 99.99 pure.

>>19741412
You should add coinflation to the general for junk silver info
http://www.coinflation.com

>>19741586

you don't own any junk, anon? you will never make it.

Just bought some of these bad boys today, mostly as a birthday gift for my brother, and a couple for myself. Premium is a little high but worth it considering the mintage and obscurity of these coins and they are only a buck and change more than American silver eagles.

>>19741598
I don't own a single piece of junk, my brother took all the silver when my dad died( to be fair I got a family heirloom out of it so i'm not to unhappy)

>>19741476
>>19741516
>>19741551

>>19741588
>>19741412

Duly noted, thanks anon!

>>19741615
anon did you say they were "only" a buck over silver eagles... that's like 26/oz....
but anon most generics, get sold for spot. and refined for next years coins. that coin does look pretty, so it might retain some value over spot. but yeah, I wouldn't ever expect generic silver to be worth more then spot, now maybe 50-100 years later...

Doing some shime posting for a bit of a laugh during these trying times.

>>19741598
How can you trade junk though, assuming the world actually ends? Or is it for the purposes of melting down and recasting?

>>19741635
I can't wait to read about a looter being sliced by a fucking saber in the papers.

>>19741689
Yea, I'm not looking to sell them anytime soon. I'm trying to hold until fiat is irrelevant.

>>19741588
>>19741412
Also this
https://www.kevinsworkbench.com/junksilverguide/

>>19741615
can you show us the back of the coin please?

>>19741804

absolutely brutal

>>19741804
It's a Rwandan coin, has some kind pf foilage on it and cocoa bean thing on it too, with some nautical knot as the trim. Pretty cook coin for coming from an African mint.

>>19741804
Now show me all the coins you own with the queen's face on it for maximum cringe.

>>19741830

>>19741846
You guys realize...when she dies and Charles becomes king, his big ears will be on these coins....

>I personally can't wait, but I can't help but wonder if that will devalue them somehow...

>>19741853
Don't laugh at it!! They are cool coins, better than anything I've seen walk out of the royal mint.

>>19741859
how many years has it been since a king was on the coins? I think those would probably be quite popular with collectors

>>19741859
I literally couldn't care less about anything to do with coins with her fucking face on them. Only way I'd accept them is if they were free, and I'd immediately find a way to melt them down.

>>19741896
>anon hates someone he never met so much he's willing to literally throw money away...

>>19741878
>>19741615
Some of the rwandan coins have cool designs, I like that one.
But I would never buy it lol

>>19741878
It's ok fren, you still can glue 2 backs together so you have 2oz pretty boatcoins without the niggery showing up.

>>19741909
Whatever helps you look into the mirror you pedophile enabler.

>>19741916
It's not like theres a huge dindu face on it, and if there were that would be hilarious. I kind of really want a 2017 commemorative gold coin to make into a pendant for the lulz amid the racial tensions created by the kikes these last few months.

>>19741846
i've an 800oz stack, with zero reptilian pedos, it's half in fiji bars (4x100oz), half in coins (200oz phillys, 200oz noah's ark, pic rel).
My goal is 1k oz, i've enough in cash to get the remaining 200oz if the price dip sub 18, so i'm really hoping for a last dip before hyperinflation kicks in.

>>19742036
anon I believe he asked you to present a photo with your stack in it...

>>19742036

got a pic to back up those odd choices?

>>19742082
Not really, he asked after my queen coins, but i don't own any so i can't post what i don't have, fren.

>>19742103
No, i never bothered to take pics of my stack.

>>19742117
well here fren i'll post one since you don't have any lol

>>19742131
She looks like my granma

>>19742131

>>19742036
> incoming call from the Rwandan division based department.

>>19742173
yeah this is really a more recent photo

>>19741912
Yea, I got them for my brother as a birthday gift. I hope he appreciates them, I worked hard to get the money for them.

>>19742185

>>19741726
>a new challenger appears
a ship girl is fine too

>>19742223
in a week i'll be able to taunt you with a british made queen

>>19741726
ANIME POSTERS ARE FUCKING CRINGE!!! GET THE FUCK OUT OF HERE YOU PIECE OF SHIT!!! YOU SEE THE CUBE!?!?! IT MEANS YOU'RE NOT WELCOME HERE!!!!

>>19742131
>>19742185
better photo

>>19742263
> wakanda forever

calm down, you rwandan

>>19742263
dude, take a chill pill and settle down. pmg is about metals, and they be posting metals in their pics....
>>19742305
its kind of sad when you see them on a map JoggerLand and how its literally a shithole now

>>19738886
Some of those are on my list. What do you think of Pure Gold and Golden Minerals co, Artemis, or Seabridge? Or Lithium like Albemarle?

OH SHIT, PUMP INCOMING

Praise Jesus I reorganized my portfolio today.

>>19742440
fuck this clownshit, seriously

>>19742440
Buy miners now or wait for prices to tank

>>19741586
https://www.providentmetals.com/2020-1-oz-canadian-silver-maple-leaf-coin.html

21.43

>>19742481

Sorry, I should have been specific. 20$ CAD, not USD.

you guys are aware that sd bullion sells 1 ounce government coins for 21 bucks, right? you could get maples, silver eagles, kangaroos, etc.

>>19742534
what?
no fuggin way desu

>>19742435
Artemis just finalized deal with New gold for their Blackwater project so their going to be doing well soon. Seabridge is still partnered with Pretium to explore neighboring claims, they have lots of targets to explore. Pure Gold is well on track to begin mining in 2021. There all going to do well in the coming economic climate.

>>19742534
>silver eagles
>for 21 bucks
try $25
why you get my hopes up, fren?

https://sdbullion.com/silver/us-mint-american-silver-eagle-coins/silver-american-eagles-1-ounce?product_list_order=price

>>19742587
Pan Man, perhaps you can help me to understand something.

I get that gold is desirable, but that it's stable in terms of real value. If we mine more of it, doesn't that add to the total amount on the planet (and docus all say that the above-ground amount doesn't get destroyed), and if so, wouldn't that result in the price going down instead of up? Or is it a case that because of population growth, the amount of gold being mined is staying consistent with this, so that the value stays the same?

>>19742638
https://sdbullion.com/random-1-oz-silver-coins
you don't get to pick the design, but its only government 1 ounce coins.

>>19742325

>>19742534
But tell us what they have on them! Say it!!!!

>>19742688
> This SKU allows you to accumulate government-minted silver at great prices. Although the designs, mints, or even years of issue may vary from each order – depending on our inventory at the time – every shipment is assured to consist of government-minted silver coins with a silver weight of 1 troy ounce each.

>>19742639
You can’t pull it out of the earth fast enough to keep up with population growth, to say nothing of demand from central banks

>>19742704
That's legalese for nigga we have a fuck ton of queen's faces to dump on yall and we make it seem like a good deal even though it's still $4+ premium.

>>19742639
your on the right track, we add more gold to the world market every year, and that should mean that its value should decrease, but its not being distributed in a way to lower its value. People trust gold as a store of wealth more than ever, that and the fact that most of this massive pile of gold is in private hands and is usually only traded between the same groups of private entities means that its price isn't properly controlled by scarcity. I may be butchering how this works though, even I dont 100% understand all the things that control gold and silvers value. I am sure there are also others here who can better explain it than me.

>>19742704
It won't be ASEs

>>19742753
They who control papers/derivatives control the price, they being JPMorgan

>>19742761
It's not

So in the anarchy society you dream of being king in with your silver. How you gonna stop me or the niggers from killing you, taking your shiny rocks, realizing no one wants them and that everyone wants bullets, and throwing your rocks into the river?

>fed announce they will buy more corporate bonds
>money printer about to go brrrrr again

So before I drop money into more stocks, miners specifically, wait? Will prices tank again like before couple months back? Or buy now?

I just bought back then based on what you guys said and turned a nice profit.

>>19742710
Okay.

>>19742753
Okay.

+
>>19742778

So are we saying that the price of gold is determined by JP Morgan? If so, what guarantee does anyone have that they won't change the value in a way that is 'problematic' for private individuals? It might cause the private individuals to sell, then JP can buy it up again and raise the value so no one can buy it. Why couldn't they do this?

>>19742534
>>19742661
thank you for the info, fren, but I don't want queen coins either
I seriously doubt SD would send eagles when they're selling them for $32-$77 on the same site
Thank you for sharing info though, anons who don't mind queen coins can use it!

>>19742761
>>19742722
>>19742807

i'm buying 10 right now just to see how many old cunts i get. according to you, i will get only queens.

>>19742854
I'd be willing to bet you're going to get those modern athenian owl coin, indeed with the queen on it.

>>19742854
they will prob be the most ugliest undesirable coins in stock, like buffalos.

>>19742880

which government mint does buffaloes?

>>19742880
buffalos aren't coins you absolute fucking retard
>2 posts by this ID too many

>>19742854
I'm guessing you won't get any eagles.
Let us know how it goes, anon. And post pics.
Good luck!

>>19742435
My evaluation of Seabridge showed it has had great past performance, but has also risen a lot already since March.

I'd rank it along side Newmont, Kinross and maybe Barrick as a guaranteed return on investment, but less lucrative the options I've posted so far.

I'm not sure if I've gone over those others yet. Will have to check my notes.

>>19742795
Gold historical makes its most gains after the second leg down. Your decision if you want to "play" the markets.
https://sys.4channel.org/derefer?url=https%3A%2F%2Fgoldsilver.com%2Fblog%2Fhow-would-gold-perform-in-a-second-stock-market-crash%2F

https://sdbullion.com/2020-1-oz-austrian-silver-philharmonic-coin-bu

philharmonics for 20.68 in btc

so many people posting in PMG is euphoric

>>19742929
what I like about Seabridge is their massive land holdings and numerous exploration targets. The more targets they have the better chances they have at making a major discovery.

>>19742924
do you want to argue with the facts?
or are your just senial old man?

>>19742969
Noted. I most prioritized juniors who've had to make do with limited funding the last few years. Like a smoldering fires that's about to have gasoline thrown on it.

>>19742929
>Gold historical makes its most gains after the second leg down. Your decision if you want to "play" the markets.
So just buy now? I will will buy regardless, just looking for the better time. If a stock is $1 but drop to 50 cents then goes to $2, the person who bought at $1 and at 50 cents both make money. I just want to know if the fed by corporate bonds and reprinting money will make miners drop in price first for a better buy in of they wont dip first at all.

Most of the money I set aside for stocks I already put to some choice stocks but kept some for better opportunities should they arrive.

>>19743009
thats good thinking, it really weeds out the dumpster companies fast having to work with tight budgets.

>>19743041
Just buy man. Whatever you got, it's gonna magenify multitudes regardless whether you pull off the perfect timed sell or buy. The shuttle is counting down, why risk missing it.

>>19742910
It's funny that you mention that because the CIA or some other branch of the feds probably do run a bunch of private mints to be able to launder any secret metals they might come across.

>>19742787
>So in the anarchy society you dream of
No one here invests in pms thinking about that.
In that case cans of tuna and bullets are way more valuable, obviously.
We invest in pms because of how fragile the financial and monetary system is.

>>19743108
there may be some truth to that, there was a report10 years ago about US gold miners output not matching US gold minting rates or something. I ll see if I can dig it up in my archive. It was an interesting read.

JMB has these on sale.

I want to wait for prices to dip but I'll probably end up impulse buying them because they're already cheap.

>>19743184
I'd be interested in reading that, anon.

>>19743184
>>19743355
It would just add even more to the bullish case for gold/silver.

>>19743355
I have it bookmarked somewhere, I ll post it if I can remember what the reports name was.

>>19742787
>So in the anarchy society you dream of
No one here believe this, you fucking cretin.

meanwhile, at Yukari's quilted mountain Stronghold

What are the most popular Silver Mints?
American Eagle and Sunshine?

>>19743519

> not holding a silver bullet

anon, i'm not mad, i'm just disappointed

do i buy philharmonics for 3$ premium and spend 1/3-1/2 my tether or do I wait for the crypto dip?

>>19743519
How much gold and silver do you have total?

>>19742435
All of these seem pretty legit but you can't really go wrong with any of them but I've done scant research apart from what I've seen here and taking quick glances of how the stock did during their peak in 2011/12. I like skeena but I'm particularly fond of golden minerals as they're under 50c and they blew up to like 20 something but just looked and apparently have some sort of investigation going on by it's board of directors. Another question I'd like to add is, is it worth it to buy long calls of these stocks so you don't have to park all your money in the stock or is it better to just own them outright?

>>19743765
I dont really fuck with puts or calls, I just buy the stock outright. I dont really know enough about the rest.

Protip for any US military/veterans, providentmetals has a military discount. If you prove your cervix you get bulk pricing on every order, regardless of the size.

>>19743802
So does JM...which I believe owns provident too. Kinda limits me to only shopping with JM so I can get the best prices but not complaining

Also the obligatory
FUCK THE QUEEN
FUCK THE FED
FUCK SATANISTS
FUCK FUDDERS
FUCK PREMIUMS
FUCK JPMORGAN
FUCK THE CHINESE
FUCK JANNIES

missing anything?

>>19743836
I am a combat veteran and have my dd214. Do I just email them or what?

>>19743519
You might be a degenerate retard, but you still have a nice stack.

>>19743802
>prove your cervix
wow this KYC stuff gets more intrusive every day...

>>19743536
Internationally, would be kruggerands and American gold/silver eagles.

>>19744022
That's a pretty cool coin except for one little thing.

>>19743519
What are the premiums like on Peace dollars these days?

>>19744110

retarded stupid high. 23-25 a coin for cull

>>19744056
I know, I know...
the reptile on the other side.
There's a whole bunch of coins with really nice art that I will never buy for that reason.
Sad
Many such cases

>>19744056
>>19744200
here's another one I want but will never buy, for that reason

>>19744217

>>19744200
and another one

The Federal Reserve is now buying individual corporate bonds. This means that they print money into existence, immediately turn around, and buy up all the toxic, unpayable debt being held by shuffling corpses of companies. The stated reason is that it adds liquidity to the market since no one wants to loan money right now. The actual reason is that no big business will ever be allowed to fail now. No matter how shitty a company they run, they will be given cash infusions, and this directly results in a tax on Americans by inflating the currency.

Expect the stock market to pump from this, simply because money has no where else to go. You can't invest in bonds (yields being suppressed by the Fed buying bonds to keep you out), big money has been flooding into a housing bubble for years making the median home 8x the median salary, investment in a business is suicide right now and no one would give you a loan anyway. The only sector not overvalued is commodities, including precious metal. Should yields get too high, money will flood out of stocks and real estate, and then inflation is on for real.

'The desert encroaches from all sides. Woe to him whose desert is within'

>>19744217
>>19744230
Is that actually 3D or is it an illusion?

>>19744312
Why are PMs not overvalued? What benefit is there to the people in power to keep them low so that normies can afford them?

>>19744312
This is a bigger scam than 2008 and the plebs are too distracted by covid and racist protests.

>>19744312
Also, this has the secondary effect of suppressing corporate bond rates and keeping money in the market, because the Fed can now directly lend to companies at preferential rates compared to everyone else.

>>19744375

>>19743966
Send them a copy of your driver's license and a copy of your dd-214 with your SSN censored out

>>19744375
this, this fucking right here. The US and Canada are going scammed into oblivion and no one gives a shit.

>>19744393
Thanks, clownfren. Added to the collection.

>>19744357
Keeping the price low means normies can afford some, but that whales can buy disgusting volumes of metal. Remember, it doesn't matter how cheap something is if you can convince Joe 6-pack that its not worth looking at twice. All the fuckery with PM pricing happens at the spot level anyway, which is overwhelmingly dictated by the trading of paper certificates that outnumber the actual amount of metal by over a factor of 100.

>>19741412
Guys I finished my stacking.
10 ozs of gold and 600 ozs of silver. I also have about $5k in miners with P/Es of ten or less and divvies of at least 2%.
I'm moving on to saving up cash to buy a house and put a little into some highly speculative crypto. My credit rating is garbage so it will take me at least a year just to get a starter home.
Wish me luck.

>>19744357
>What benefit is there to the people in power to keep them low so that normies can afford them?

They need enough of us to get rich off of PM's so that when we start paying off houses and buying new cars, it's visible to the normies so they FOMO into the top.

>>19744330
>>19744217
>>19744230
https://www.youtube.com/watch?v=4KQ2kDzThZo?t=5m30s

>>19744485
Which miners you have? I want to compare

>>19744541
specific time link FAIL
skip to 5 minutes 30 seconds in

>>19744427
>The US and Canada are going scammed into oblivion

This is true, but on the other hand we're still the house slaves so we will be better off than latin america, Africa, or most of the rest of the world.

Our real Achilles heel is that we don't manufacture shit, which if our manufacturing base keeps declining, could put us into a death spiral that no amount of Talmudic magic could fix.

>>19744443
What's the endgame though? I mean, if we work it through:

1) Inflation takes hold because the system can't sustain itself anymore.
2) PMs skyrocket because there is extreme demand to preserve wealth in them.
3) The big players are the only ones who can afford PMs. Normies suffer inflation to their paper currency.

Why would this scenario be any different if the prices of PMs were raised right now so that only the big players could afford it? It's kicking the can down the road, because in both scenarios, only the big players win. I know I'm obviously missing something here, but I need help finding what.

>>19744492
That seems odd; power players don't need anyone, and certainly less than 1% being able to pay off houses and cars through holdings of PMs seems a little...wishful? In other words, my lack of belief in this stems from the fact that what you propose doesn't change the initial problem that would occur if hyperinflation took hold.

If the stock market failed, for example, you've got countless pensions and savings that would be valueless, causing countless people to be unable to buy food or anything else. Now, if this happens in a country like Venezuela, they just leave. But if it happened in America? The world would be affected drastically.

If this were to be the case, why wouldn't the power players get ahead of it; you can't save the entire population, so you let none of them survive and everyone be affected 'equally'. Furthermore, if the manipulation of PMs is done from them, then the price of it doesn't actually matter since they're in control of it. They don't have to be honest reporting their holdings, or how much they transfer from one country to another, or anything like that.

>>19744485
Good luck anon.
Also post pics.

>>19744549
Sandstorm, DRD (so under rated I have been holding this since $6 and the divvies are FAT), PAAS, Barrick, FCX, RIO, KL, SID, BHP, NEM, and some OTM calls on MAG

>>19744571
We are such little fishies that we don't have a major influence on spot price.

They want to buy low, so they buy low.

It's like asking why they let housing prices fall so low after 2008 allowing normal people to buy in cheap. Some people did, but it didn't change their plans. Looking at the cost of housing now.

>>19744571
If the price of PMs in USD were say, 15x higher than what they are now, in a situation where money comes cascading out of property, stocks, and other nations trying to find a safe haven that wasn't also a bubble or a soon to be Venezuelan currency, PMs would still be a target for that money. Allowing the price to be higher simply means that the big players get less in the exchange. The fact that you or I can get some gold and silver is simply a side effect of them getting more for there buckets of cash than they otherwise would have. These people are going to be cashing out billions, they don't care that you picked up 2k in silver.

>>19744698
>>19744705
I guess what I'm trying to figure out is this: how does any of this benefit the power players? From what I gather, they make money off of normies doing normal business (i.e. using banks, paying taxes, etc.); a hyperinflation scenario would not benefit the big fishes in the slightest; it would damage their ability to make more money. They'd have to 'survive' the period along with the rest of us, albeit in more comfort of course.

I haven't yet figured out a reason that they would want anything like that to occur. Same goes for the potential that some Anons talk about of a return to a currency that is based on PMs and not fiat. The power players who control the banks and shit don't want a currency that isn't easily manipulated to their advantage; tying the $ back to PMs would take away the tremendous advantage they have of controlling how economies run.

What reason do they have for doing any of this? I understand manipulation to lower prices to buy shittonnes of PMs...but to what end? They can have the most in the world....but if farmers don't farm because they can't afford to, none of it matters.

>>19743079
nah man I think the online dealers have finally horded more then their warehouses are allowing. I think the prices will keep coming down. maybe even ASE's for 22 in less then a month

>>19744786
In a hyperinflation environment, assets have the value. The rich have the assets, ergo they don't need to worry about the toxic byproduct of the monetary system as long as they keep making money.

It's a addiction for them. So what if everything and everybody else goes back to the stoneage, as long as they own the most stones. The rich are smart, but not wise

>>19744830
But this is my point. Why artificially make PMs cheap? The strategy doesn't make sense. Power players don't have to pay for them with real money anyway, so why give normies a 'chance' to buy them? To give them a false sense of security?

>assets have the value
Precisely. So why allow normies to control or buy any of it?

I can fully understand this kind of thing happening in China or former USSR. That's clear and obvious. But in a system like the US this cannot be done because of the armed repercussions. Anons mention often how the US govt confiscated all gold in the 1930s (was it Roosevelt? Can't remember, and US history isn't my forte). Can you imagine this scenario today?

The people stacking usually have the common sense to have weaponry as well. If a govt official showed up at your door and demanded you turn over your stacks, would you hand it over happily or would you fight to the death?

None of this adds up at all. Just a cursory attempt at working out the ramifications of actions (i.e. power players hoarding PMs so when hyperinflation 'inevitably' hits USD they'll be fine and everyone else will suffer) leads to scenarios where you have Armageddon on the streets and a govt that is incapable of doing anything about private ownership of PMs unless they kill you.

Furthermore, the whole production chain would be destroyed in this event anyway, so everyone would starve and the power players would simply move to New Zealand or something.

I still don't get it: why keep the price of PMs 'low'?

>>19744597
>Barrick
I always hear bad things about these guys despite their solid performance

>>19744786
Hyperinflation was always going to happen to USD eventually, it doesn't matter if they want it to or not. All fiats eventually crash and burn as fact of nature. The trick is, if you're a big player, you get your value out of USD and stocks denominated in USD, and move them into safe havens that store that value, which you can then turn into liquid cash and stocks denominated in the new money that follows the crash. Fiat systems like our allow for the financial equivalent of a 4 day meth bender, but the user eventually just passes out. What the big boys do is take all the value they made with clown money during that binge and put it where the necessary reckoning can't hurt it as bad as cash savings.

Also, you need to realize that for the longest time, banking families in Europe were doing just fine fleecing the world while using money that either contained or was based on gold and silver. And that plenty of empires and nations in the past have started with PM money, debased it over time to go on spending binges, ate shit, and the nation eventually has to either return to PMs, or use their neighbor's money that didn't inflate out of control. The power players are probably just fine with the idea of burning the USD to the ground and moving into a PM backed system again, simply because they know its a necessary part of the cycle. Yes they give up the crazy shit you can do with pure fiat, but their great grandkids will get to do that when the time is right again. They'll just stick with irresponsible lending practices and insider trading for now.

>>19744918
its because of the places they choose to work in and the companies they associate with.

>>19744938
Then the question inevitably becomes 'how long can I make money on the stock market before having to convert it to PMs before the system crashes?'

I don't know...anyone have any guestimates?

>>19744908
I will try to respond...
>Why artificially make PMs cheap?
supposedly JP morgan has been hording massive amounts of silver(around 100 million ounces) so depending on how much more they've horded. all they have to do it let the price naturally go up, which should happen at a faster rate since its been suppressed for the last decade.
>So why allow normies to control or buy any of it?
normies hold so little precious metals its ridiculous, no one in the US for the last 12 years have been saying to buy gold except for the crazies like Schiff
>Anons mention often how the US govt confiscated all gold in the 1930s... Can you imagine this scenario today?
not in the US not any time soon, other smaller countries that rely on certain imports or exports, will be forced to trade in gold, since no one will trust the fiat system as its collapsing.
>i.e. power players hoarding PMs so when hyperinflation 'inevitably' hits USD they'll be fine and everyone else will suffer
don't know why anyone would suggest this... you're right, it doesn't make since. because big players play with commodities for a few bucks, which add up in the numbers they play with...

>>19742519
Considering the $5CAD facevalue spot would have to drop <$15CAD no?

>>19745057
I think you are correct if you're trying to say 15 American dollars is roughly 20 Canadian dollars

>>19744357
keeping the gold price down makes people consider the fake and gay US dollar as a serious currency.

What are yall's view on a cashless society? If the government were to do away with physical cash and give us all some kind of government controlled E-Wallet, how would this affect precious metals? I personally think this could happen in our lifetime and if it were to happen perhaps a sort of "barter" scenario could happen atleast to some degree, I'm not even a prepper stacker I'm mostly holding to combat inflation, but in a cashless world I could see alot of people's ideas coming true.

>>19745088
>I personally think this could happen in our lifetime
Nigga it's happening this year. Next UBI stimulus will be exactly this

>>19745088
>Sir I can't take that
>B-but this was minted as legal tender and-
>Sir we only take Fedcoin like the sign on the door says
>B-but this has 0.07234 of a troy ounce in silver content and would have been worth over a hundred dollars before the-
>Sir can you please just scan your wrist here
>O-okay
>Sir there seems to be a problem, you've already exceeded your animal byproduct quota for the month. You'll have to remove that from the cart. There's some ReelMeet packs on the rack behind you, did you want those instead

>>19743256
Where ASAHI valve boi at?!

>>19745088
honesty anon, we aren't far from it already.
I have no problem moving away from a paper based currency into a more "digital" if you will. but i'm against the govt having a monopoly on the wallets or in general their ability to control your spending without a court order for each individual.
and also yeah barter systems would happen, but most likely some countries would keep a paper currency, and those would probably be used instead of a metal based system

>>19745078
I thought that the fact that it's the most powerful paper dollar in existence today makes it a 'serious' currency? Everywhere you go, a US dollar is respected and saved internationally. Yes, yes, it's fiat, like every other currency in the world, but it's the most respected fiat that exists. I can absolutely believe the currencies of smaller countries failing. Hell, I don't think the EU will last past 2028, so the Euro will fail too. But the USD? That would affect everyone to the point of zombie-apocalypse, and leaders of other countries can't allow that no matter how much they might hate the US.

>>19745088
I think it could happen, but in my view PMs would just be a way to barter for more money in the e-wallet. In other words, no different than now. Electronic tender would still have to be fiat in order for it to work with the banks.

>>19745128
I remember that pasta...was it yours? (the 'reelmeet' was always nice touch).

I don't know Anons....none of this seems plausible because the ramifications are too problematic for the upper classes for them to allow it.

It's like voting: if you give people the illusion that they have the power, then they won't rebel against the people who truly hold the reins.

>>19744971
>don't know why anyone would suggest this... you're right, it doesn't make since. because big players play with commodities for a few bucks, which add up in the numbers they play with...

Commodities are the one thing that isn't in a bubble right now. Institutional money has been taking buckets of Fed money and putting into the stock market and real estate via Vanguard owned groups like Black Stone. The people running a shell game realize better than anyone else in the world that it's a shell game dude. There is a reason consumer product prices barely inflated at all from 2009 until a few months ago. All that QE money got sequestered away to await the day it would eventually flood onto the normiesphere.

I'm not sure what about this doesn't make sense from your perspective. JPM has been shorting the silver price via ETFs for a decade, had guys plead guilty and serve jail time for it, while buying up literal tons of silver, just to sit on it like a dragon with his hoard rather than try to make money off of it. Either they make their decisions via Ouija board, or they are privy to information we don't have.

>>19745176
Then what are you proposing? That JPM is shorting and hoarding silver in order to...what? What is their plan, assuming not Ouija board? Is it the proposals we've seen before in /pmg/, where the US will make a silver conglomerate with Mexico and other American countries and have a 'silver standard' to compete with the gold standard that China and Russia are supposedly going to create?

Is it simply a hedge to prevent the USD from falling into oblivion when hyperinflation takes hold? i.e. a way for the US govt to restock or reassemble their currency after the blowout?

What are your thoughts/predictions on this, and is there any way that 40% of the population wouldn't be dead by the time a redux is in place?

>>19745229
my deep concern is that no one actually has a plan. Those in charge drank their own coolaid and were basically all along for their fall into oblivion. Similarly, the plan could be so bat shit insane that it has no hope of working in the real world but no one wants to pipe up and call foul. I hope I am wrong.

>>19745365
It's gonna be tough PanMan. Thanks for sharing your experience with digs though; I've been following for days.

>I'm almost convinced to finally buy that Kraken...but it's still too expensive.

>>19745229
Two theories

JPM abuses paper silver to suppress prices to buy physical cheap, or they stockpile it on behalf of the us government for future currency

>>19745365
Whats your portfolio like

>g/s ratio hitting 100:1 again
Here I go buying a box of eagles
Easiest money you'll ever make trading this back to gold when it drops 50:1

>>19745229
Considering that at this point there is little to no practical divide between the US government, American banking institutions, and the Federal Reserve Bank, we need to be a bit more open to conspiracies since we now live in a really shitty one. The longer I look at what the Fed is (and was) doing, what the government is doing, and what the banks are doing, the more I think our reaction to Corona started as a legitimate public health concern about God only knows what escaping a Chinese biolab, but has become a convenient scapegoat to do a controlled demolition of the economy in order to set up a new monetary system.

Volcker gets a lot of shit because his Fed policy led to the recession in the 1970s, but this was ultimately a necessary die-back that set the stage for the boom years of the 1980s. But when this happened, the debt/citizen ratio wasn't anywhere near this bad. I'm getting increasingly convinced that a several stage plan must exist to crash the economy and finally hyperinflate the USD, but in a way that allows them to secure the most assets, and the biggest advantage going into the new monetary system. QE that goes into stocks and real estate early gives your bank and hedge partners a solid lock in those areas. Low real commodities pricing gives them a place to spend all that money they're going to have on cash out. Once they cash out, years of QE money floods out into the wider economy, inflation takes off and destroys the USD, which is fine because doing so wipes out the dumpster fire monetary problems you leave behind by doing this, and because you already had an off ramp in place, ready to announce the same week American threatens to go full Zimbabwe. Enter PMcoin, your new savior. Normies don't even know who fucked them.

At every step, value is extracted from them, and handed upwards, until finally they just up and sacrifice the cash and market savings of the country on an altar while chanting, so they can start the game over again.

>>19745425
not bad at the moment, my mining stocks are all good, my savings are secure. I have basically 0 debt but I have to rebuild my gold stack because I used it to pay for my late summer drilling project. Not doing bad for myself digging so far this year but could be doing better.

>>19742787
>How you gonna stop me or the niggers from killing you
we kill the bat man

>>19745470
I don't know enough economics to even debate with you on this one, but what you say makes sense if the US were isolated.

Can your view point be supported if other countries are taken into account? I.e.
1) What happens to China's investments in the US and the US 'debt' to China that we hear so much about?
2) What happens to the trade between the US and China, US and EU/Britain, etc.
3) What happens to the US military functions as regarding funding?
4) Where would the ultra rich of the US move to for a safehaven? The rich always move out of countries going hyperinflation...would they go to...Ireland? (low taxes?).
5) How can a single country install a currency based on PMs if the rest of the world is still fiat? Furthermore, why would other govt's allow this to happen if their own economies would be screwed too?

>>19745494
>my mining stocks are all good
share em fren

>>19745610
You guys know most of the companies I hold stocks in already, I ve been mentioning them often. The only ones you might not have is Tech Resources because they arent really specifically in PMs, they run major operations in Coal and metal smelting though. I have some Agnico Eagle Mines stock and Cameco stock as well. I dont focus a lot on stocks though, I am not a day trader, I put some money into a penny stock company, I see how it does and if they fuck up I move on.

My favorites for stocks are Skeena, Seabridge and Pretivm at the moment. They operate in my old stomping grounds and I am really interested to see what they can find. I have dozens of smaller penny stock companies as well though.

>>19745579
The big point is that if the US eating shit was enough to trigger a global depression back in 1929, it most certainly is now. Remember that the USD is shit, but its still the king of the shit fiat currencies, and will be the last one standing. Debts denominated in USD will be worth more than differently denominated debts until they suddenly aren't worth anything at all.

The coming global order was going to be one with no US naval security guarantee, so sea trade is risky and expensive again unless you're the USA's preferential trading partner (Mexico, Japan, Canada and the anglosphere, Poland). This was happening anyway as factories left China for Mexico and Vietnam, but the level of divestment and capital flight from China has accelerated. China can starve or try something stupid, and starve with everyone thinking they deserved it. The EU is functionally DOA with France having the only non-terminal demography, and Poland and the UK getting in good with the US, leaving the Germans to cozy up with Russia for gas.

The US can't keep up the crazy build out rates and R&D, but it already had the 1st and 2nd biggest air force, a larger navy than the rest of earth combined, and a decades long advantage in research. It just needs to coast long enough for its old rivals to start fighting in shitty border conflicts like the good old days.

NZ is the bunker of choice, but if you're setup to be king of the new order, why even leave? Its not like private security doesn't exist, and the US is big place.

If you have the biggest economic dick, and the only money that isn't backed by faith alone, in a world where fiat just fucked 7 billion people at the same time, who is going to say no? The most anyone else could do would be to say, we don't accept your money, but who cares? Business and trusted money now goes to your neighbor state, and they get integrated into the only functional economy in town.

>>19744908
>so why give normies a 'chance' to buy them?
because normies are retarded

>I still don't get it: why keep the price of PMs 'low'?
to make the charade keep going

>>19745579
id say we have more invested by corporations in china. their elites are the ones who bring their ill gotten gains here to bail form the commies. look at the socal housing market and vancouver. china can turn to their domestic market sooner than we can get folks here to "buy american'. the US mil is a good question. they have had so much dark funding, look into cathrine austin fitts. the rich can go wherever they want, like NZ. russia is in the best position to do a currency based on hard assets. china has a lot of debt but way more gold and market size than we do. ultimately itd just be one more nail in the coffin on uncle sam

>>19746046
You post this every thread and get correctly called a retard every thread. Virtually no one complied with that EO in the 1930s when people still believed in the US gov. They have not grown more trusting. You can't get cops to risk dying over taking guns away, but you're going to find ones that will die over metal?

>>19746077
he probably just doesn't want you to buy it, hes trying to keep prices down like its some unknown crypto lol

>In the era of Emperor Augustus (27 BC to 14 AD), a Roman centurion was paid 15,000 sestertii. Given that one gold aureus equaled 1,000 sestertii and given there was eight grams of gold in an aureus, the pay comes to 38.58 ounces of gold. At current prices, this is about $ 54,000 per year.

>>19745725
I love that image anon. Nice post too

>>19745705
I see some new names, time to a bit of reading

>>19741635
I wonder if my great granpappy knew your great granpappy..

>>19746200
15,000 sestertii
aureus = 1,000 sestertii
aureus = 8 grams
8 grams * 15 = 120grams
120 grams / 31.1 grams = 3.86
3.86oz * 1738 = 6,700

where the fuck did you get 54k a year?

>>19746369
whos to say they aint the same granpappy lol

>>19746385
copypaste from wikipedia

>>19745088
>What are yall's view on a cashless society?
1)stop talking like a nigger.
2)it's the elites' wet dream to control our life 100%

>>19745149
>I thought that the fact that it's the most powerful paper dollar in existence today makes it a 'serious' currency?
Not against gold.
>Everywhere you go, a US dollar is respected and saved internationally.
That's changing and fast.
> But the USD?
Sweetie, China, Iran and Russia are already trading in barter, their own currencies or gold.
This isn't the 90s anymore.

>>19746500
>That's changing and fast.
complete bs

NOMO VS SOKO
CHINA VS POOS
ITS WHAT WEVE BEEN WAITING FOR LADS
THE GOLD STANDARD IS NOW

anyway, this is the dip, maybe 5% more, but then its up up up, at least for hard metal, the miners will get clubbed on the dip tho

>>19746534
ok, whatever

>>19746534
>>19746553
its true anons, it is changing fast you see before covid 19 people were moving away from the dollar and now they're flooding back in

Just got these in the mail, it was more of a test to see how/if the Austrian Mint delivers to where I live than anything else.

>>19746703

>>19746703
is that a silver and a copper bunny?

Pmg bros,
I'm new to the game, is the best place to buy bullions the internet or in some meme shop? europoor btw

>>19747099
if you have a physical shop near you, you should go for the physical shop.
but what do you want to buy?

Will communism win this time?

>>19747099
buy from austrian mint
https://www.muenzeoesterreich.at/
or Degussa
https://www.degussa-goldhandel.de/

>>19744571
Central Banks are accumulating still

>>19747037
Ja

>>19747357
Those are breddy cool, man

>>19747693
thinking about owning soviet gold, something the convinced communist pleb never could even dreamt about touching in his life makes my nipples hard.

>>19743949
fuck kikes and reddit

>>19748295
Queen coins

>>19743741
about 13 pounds

>>19744110
i got about 45 of them with my Trump bucks. VG to VF
think it was around $26/oz
high premium but $ = fake monopoly clown world money so i didn't care

>>19745149
Why do you think the USD became the world reserve currency in the first place? Foreign countries were able to convert their USD in to gold.