/biz/ - Business & Finance

FWTDHWAHQUD status-- {getting their nails done}

When copypasting the OP, please remember to remove the "[embed]" otherwise they stack up.

breakfast scramble

>>20472602
anime girl nooooooo,get out the coffee is going to burn you

>>20471264

I have a vague recollection of listening a mining podcast, where it was said that Aurcana is only down at the moment because of share dilution, and that it ought to come up again soon.

https://webcache.googleusercontent.com/search?q=cache:9BVyHv1o8agJ:https://seekingalpha.com/article/4347497-aurcana-corp-silver-mine-development-story+&cd=1&hl=en&ct=clnk&gl=uk

"I have been following Aurcana's high-grade silver project (Revenue-Virginius Mine) in Colorado for a while now. I have waited patiently to see how it progressed. Recently, I watched a video interview with the CEO explaining the project and its current status. I was impressed. They seem to be close to the finish line.

Aurcana Corp. is under the radar. I don't think investors realize the quality of their RV project. It is in a good location in Colorado, where mining has been common in the past. In my opinion, there aren't any location issues. Plus, what makes it special is the high-grade and exploration potential. The resource is 30 million oz. (700 gpt), but it will increase in size. Management is excited about what they are going to find once they start drilling certain targets. It is a past-producing mine with several known veins.

All development stocks carry significant risk. The risk for Aurcana is that they do not get financing, or they have higher than expected costs, or silver prices do not rise. Plus, there are likely several other risks that I am not aware of that are lurking. That said, I think the risk-reward is compelling."

>>20472554
reposting my libertads that came this week

Redpill me on silverware. My woman loves going to estate sales and always sees silverware. Anybody with knowledge about this shit actually containing valuable amounts of silver?

>>20473317
those look fake

>>20473349
silver ware is good because it has silver in ti.silver is anti microbial.hence why it was used and treasured to make utences and plates

Hey biz check out my 1ozt 24k ring. It's heavy and feels great to wear.

>>20473521
cool.how often do you wear it?

>>20473558
I wear it at home, definitely not outside. Basically I'm terrified of govt. confiscation so I pay the premium for gold and silver jewelry. But I only fuck with 24k 99.9% which is much harder to find in the west.

>>20473317
Do libs ship 25 to a tube like maples?

Who here still riding on these miner gains? I got AUMN, HL, HBM and MUX.

>>20473349
Look for markings on the silverware. Sterling, ster .925 or 925 indicates its actual solid sterling silver and not silver plate

Horses rule, fuck cars. They rust away and leak hazardous materials into your property only for Big Brother to fine you for it.

>>20474056
Also, paying to register your car, paying to have a license, paying for mandatory insurance, etc.

Might as well just buy oats for your horsie.

>>20472958
Appreciate it, good read. I'm confident in funding with our current silver prices, and as well macroeconomic environment being extremely bullish for the metals.

>>20473695
To add on to this, almost all sterling silver knifes have a stainless steel blade with a handle that might be plated. Spoons and forks don't have this problem.

>>20474140
meant for >>20473833

>>20473317
Libertads are beautiful
nice collection

>>20473658
if it got to that point, i'd probably just melt my bars and turn them into some basic jewelry.

ATTENTION /PMG/

RICK RULE DOES PORTFOLIO RANKINGS WITH UP TO 10 RESOURCE SECTOR STOCKS. EMAIL HIM AT rrule@sprottglobal.com TO GET A RESPONSE. (Took me about 60 days) Politely ask him for a ranking of your 10 resource stocks.

Let's compile a list of stocks, with his rankings and comments on them, and with a date of ranking as well. Stocks are ranked with regards to their price and risk vs return. Try not to repeat any of the stocks as previous anons in your submissions.

Here's our first one. I'll compile all your submissions into a spreadsheet as they come in. This can be a resource to help all of us in the mining sector.

AS OF JULY 13 2020
[Rankings of 1 are most favourable and 10 least favourable]

>Equinox Gold Gorp [4] - Not Cheap, well backed

>Discovery Metals [6] - No comment

>Agnico Eagle Mines [4] - Superb, Not cheap, rapid free cashflow, major capital spend passed

>Liberty Gold Corp [5] - Well promoted, decent results

>Pure Gold Mining [5] - No comment

>First Majestic [5] - Cult stock, not cheap, big recent price run up, great silver leverage but marginal at these prices

>Alexco Resource [6] Small Mine, needs capital, great environmental unit

>Uranium Energy Corp [6] - No comment

>Cameco [5] - Very Cheap, stressed balance sheet getting worse

Cyberpunk dystopia is now

25 silver 1oz coins and two gold sovereigns for £1,364

Someone pls stop me

>>20474572
No. Buy moar

>>20474632
>mfw I compare the spot price to what I'm paying

It's value is only going to go up though, right guys?

>>20474490
>>Equinox Gold Gorp [4] - Not Cheap, well backed
>Alexco Resource [6] Small Mine, needs capital, great environmental unit
Thanks anon, ive been watching these 2 in particular. Nice to see some more info on them

>>20474490

This is a list of small-caps which I posted on the previous thread. Will repeat them here. List is somewhat different from the one which I posted a month ago, because some stocks there have already run. I see that the only one in Rick Rule's list is Discovery Metals, about which he says "no comment." Perhaps unwilling to criticize it, since his employer, Eric Sprott, is an investor?

Adriatic Metals https://www.youtube.com/watch?v=_hdg0HcQtg0
Aurcana Corp https://seekingalpha.com/article/4315151-10-best-silver-mining-stocks-for-2020
Great Panther Mining
Bear Creek Mining
Hochschild Mining
Silver One
Discovery Metals https://www.youtube.com/watch?v=OD87y0SljK8
Bluestone Resources https://www.youtube.com/watch?v=MJvKdNSI5xU
Euro Sun Mining https://www.youtube.com/watch?v=IG3lX324zO8
Bonterra Resources https://www.youtube.com/watch?v=Eu32cLgr2go
Spanish Mountain Gold https://seekingalpha.com/article/4358465-spanish-mountain-gold-exciting-gold-development-story
Precipitate Gold https://www.youtube.com/watch?v=RybOzVvAfTo
Fireweed Zinc https://www.youtube.com/watch?v=sGac8962zbk
Bayhorse Silver https://www.youtube.com/watch?v=4zApsclnlTA
McEwen Mining https://seekingalpha.com/article/4337241-5-gold-and-silver-mining-stocks-for-2020
Wallbridge Mining
Musgrave Metals
Sabina Gold & Silver Corp
Silver Elephant Mining Corp
Silver Lake Resources
Viscount Mining
Kootenay Silver
Mako Mining
First Energy Metals
Excellon Resources
Dolly Varden Silver
Callinex Mines (https://www.youtube.com/watch?v=oPpPsFHaLuY; https://www.youtube.com/watch?v=8VMkVhoGD90))
Avino Silver and Gold Mines
Americas Gold and Silver Corp
Resolute Mining (https://www.youtube.com/watch?v=aFm44huLuJc))
Almaden Minerals (https://www.youtube.com/watch?v=AH7srQHsY5M; https://www.youtube.com/watch?v=-Yhnu_xX2to
Hummingbird Resources
Mirasol Resources
Highland Gold
Marathon Gold

>>20474699
In 5 - 10 years, definitely short term I don't know. The premiums on silver suck though I agree, there all around 20% here

We're all gonna make it, frens.

>>20474722
You're welcome, remember that he's ranking based off of current price too.

>>20474743
Could be, Sprott does own quite a bit of PGM as well.

Would love to hear about SilverOne, Spanish Mountain, Mcewen mining, Aurcana, Dolly Varden, GoldMining, Gold X mining, Osisko Royalties, EMX Royalties to name just a few.

>>20474944

Don Durrett wrote an excellent article about it 4 days ago: https://seekingalpha.com/article/4358465-spanish-mountain-gold-exciting-gold-development-story

The comments section is also worth reading. It has gone up 75% since he posted it. From 0.20 to 0.35 CAD. Eric Sprott also got involved only recently--a day or two ago, just after the article was published.

With regard to McEwen Mining, the company is run by one of the most respected people in the mining industry, Rob McEwen. He turned a nothing-company, GoldCorp, into one of the best in the world. Durrett concludes:

"Why be interested in McEwen Mining with all of their red flags? One reason: Rob McEwen. I believe he can build this into at least a 250,000 oz. producer and perhaps more. I don't know if he can build it into a major ($3 billion market cap), but I think he will come close."

https://seekingalpha.com/article/4337241-5-gold-and-silver-mining-stocks-for-2020

>>20473402
no u
>>20473685
yes, 25 to a tube
>>20474198
thank you anon. i ordered 25x random year and they came all 2015

>>20474944

Don Durrett wrote an excellent article about Spanish Mountain Gold 4 days ago: https://seekingalpha.com/article/4358465-spanish-mountain-gold-exciting-gold-development-story

The comments section is also worth reading. It has gone up 75% since he posted it. From 0.20 to 0.35 CAD. Eric Sprott also got involved only recently--a day or two ago, just after the article was published.

With regard to McEwen Mining, the company is run by one of the most respected people in the mining industry, Rob McEwen. He turned a nothing-company, GoldCorp, into one of the best in the world. The stock is very cheap right now simply because of some temporary setbacks; all the more reason to buy it. Durrett concludes:

"Why be interested in McEwen Mining with all of their red flags? One reason: Rob McEwen. I believe he can build this into at least a 250,000 oz. producer and perhaps more. I don't know if he can build it into a major ($3 billion market cap), but I think he will come close."

https://seekingalpha.com/article/4337241-5-gold-and-silver-mining-stocks-for-2020

>>20474879
Damn straight fren

>>20475069
>>20473317
I've only got one Libertad. mines a 1993.
the reverse side is a little different than those 2015s

>>20475359

>>20475359
I wish they kept the back on the newer libertads
it would be 11/10 best silver coin ever

>>20475424
ah. i just realized the front design is different too.
i never new that part. i think both designs are beautiful coins. I'd like to get some of those newer ones

>>20472554
Ikea was dead today.
no inventory, no customers. on a Saturday.
Everything is back to normal. All time highs.

>>20475097
Per PAN MAN, Spanish Mountain is a Mickey Mouse Shitshow.

>>20475604
where do i get one of those mirrors?
I need one for shaving

>>20475671
prolly still on the China boat

>>20475704
oh well. time to start making them in America

>>20475668

@Jefe_de_Oro "i still have some DD to do, but sprott just now saying on the weekly wrap up that he is now in $SPA and they have 10 million ozs in ground. at .30 cents that is as undervalued as it gets in this gold bull market. Freegold $FVL , flew from .08 to 1.50 and has 6 Million ozs in the ground......you do the math. ---- 6 million vs. 10 million...... FVL 2.0 me thinks ;)" 17 Jul 2020, 15:20

@mackvorkian As we know, Eric Sprott had bought into SPA. I am hopeful that he will buy more. Eric Sprott has continued to mention the New Ounces In the Ground Paradigm for weeks now. Its forward looking based on a number of factors, the most important being the ascending POG in a super strong Bull Market. $60 an ounce in the ground, in Eric Sprott's reasoning, is way too cheap, especially considering the huge profitability that miners are making. ES says that $100 to $150 an ounce in the ground is what the value should be. Another factor is the size of the projects. There are actually very few large projects over 2 million ounces in the world, and many of them are in very bad neighborhoods. Using Sprott's reasoning and using a revamped number of 5 million oz (earlier PEA had 7 Mill Oz) and giving no value to the Phoenix Zone which has huge potential, 5 mill oz x $100 an ounce = $500 mill value on a Buy Out. At the present MC of $85 mill, the potential is a 6 bagger from here. Using Sprott's $150 an ounce were talking 10 bagger. Remember, Eric Sprott is forward looking. That's why he's a Billionaire. 17 Jul 2020, 16:58

@Glasshalffull "This is going to correct aggressively to the upside with that sprott endorsement, Just starting imo" 17 Jul 2020, 15:51

https://ceo.ca/spa?26f69bbe2857

>>20475890

(N. b. The "FVL" which they are talking about is Freegold Ventures, which just went up 37x in only a few months.)

https://www.youtube.com/watch?v=6vNWr_rJMSw

If you can get past this retard screaming the whole interview Judy Shelton has some interesting talking points. Only time will tell what's gonna happen tho. Sometimes people say one thing and do another once in a position of power. She raises a valid point in regard to our economy in a global context. We might do the right thing but if everyone else does the wrong thing then we could end up hurting. These are precarious times, even if we dont get rich from our stacks we wont be as vulnerable as many other Americans. People dont save money anymore, they just spend it as soon as they get it or they simply dont make enough to save. Sometimes I'm fearful that my stack isnt enough and then I remember that the MAJORITY of americans dont even have $1000 saved. We will make it frens but it may not be as glamorous as we hope it will be.
>>20473317
Libertads are so awesome the premiums make me real sad tho.
>>20472602
:D

>>20476311
>If you can get past this retard screaming the whole interview
Stopped reading. I've heard enough streams of that over the last few months, sick of people screaming. Catboy Kami's last stream was good though, best laugh I've had in a Coon's Age.

>>20476311
tasty lookin wraps

>>20476311
She's the same as any other fed chairman. Just changed the words "increasing inflation" to "providing liquidity".

>>20476384
Yeah I dont blame you. I just threw her name into youtube after other anons mentioned her. It's hard to believe he's a real person rofl. The interview only goes for 12min otherwise I wouldnt have bothered.
>>20476533
They were :D

tried to do a "one obverse and reverse of each" pic
don't quite have enough to include both obverse and reverse of everything though

(video linked from last thread) https://www.youtube.com/watch?v=XliHE6QgljY

He sounds like the prototypical James Bond tech weapons guy, I love it

My first ever purchases lads, I gotta say I'm pretty happy

>>20477063
Nice squid!

rate my stack, /biz bros

>>20477063
>>20477140
mmm, smells like kalamari time!

>>20477063
>kraken

Nice. I've been really tempted to buy a few of these, but I'm not stacking for collectable purposes so it doesn't really make sense.

>>20473658
Govt confiscated last time because we were on the gold standard. I don't think it's an issue this time around with us on fiat currency. They would basically be stealing from like 5% of the population and it wouldn't do a whole lot for them.

>>20476712
Yeh I liked this one a lot. I hope he's wrong but if he's not... yikes.

>>20476712

Alasdair's technical analysis seems on point but don't take his guesses on the bigger picture as gospel. Too much lolbertarian dogmatism. Even if they're smarter then the Keynesians et al, it doesn't mean they don't have their own blind spots. Just like others they fall prey to wishful thinking, motivated reasoning, etc.

For example, I do think in the short term Uncle Sam will step in to save the paper market. They know precisely what the comex blowing up means for them and the banks do what they do at gov behest. The current monetary policy regime will not just crumble and blow away just because it should. They will go down, but they'll go down fighting like cornered animals.

So they'll save the comex for another few years while they desperate cast about for ANY solution other than commodity backed currency. Them willingly giving up the ability to print to enrich themselves and buy votes is like a vampire forgoing blood in favor of garlic smoothies.

>>20477363
Gubberment can suck my peepee

>>20476712
>>20477594

If you like Alisdair McCleod, this interview is just as much worth listening to, even though it was conducted a month ago. I posted the one with Greg Hunter only because it is more recent. https://www.youtube.com/watch?v=-AqybjlUlQc

>>20477618
>>20477594
>>20476712

If you like Alisdair McCleod, these interviews are just as much worth listening to, even though they were conducted a month ago. Especially the Liberty and Finance one. I posted the one with Greg Hunter only because it is more recent.

https://www.youtube.com/watch?v=l9xeSOdr9Uc

https://www.youtube.com/watch?v=-AqybjlUlQc

>>20477711
why do you delete like half your posts dude?

>>20477737

No different from editing an instant message a few seconds after sending it when you notice something is wrong.

>>20477140
>>20477262
>>20477290
Honestly I had been researching stacking for a bit, but as soon as I saw the krakens I knew it was for me. Even better looking in person than pictures. I'd love to see a gold or platinum one someday

am i wasting my money on silver? ive been buying like crazy but i dont understand all the people here who say they will be able to buy land and homes once the moon mission happens. if hyperinflation takes place wouldnt that mean that the "increased" value of silver is still equal to the purchasing power it had before hyperinflation? because if this is the case wouldnt land and home values hyperinflate equally?

>>20478077
Yes. Lol. Precious metals is a meme by alt righters who think the FED chairmen is a jew or something

>>20478077
this assumes that assets aren't overvalued currently, and that commodities are undervalued.

>>20478077
lurkmore
stay calm
in all things, a calm heart must prevail

Some of the mercs I own are so slicked that they weigh 15% less on a milligram scale than good condition ones.

How do coin dealers get away with advertising $$/toz on junk silver when they can just send you 15% less metal than advertised whenever they feel like it? Seems like bullshit.

>>20477063
Nice choices. It’s good to have some stuff you like before you start hating yourself for stacking buffalos.

>>20478118
FUCK i meant:
This assumes assets aren't overvalued and commodities aren't undervalued.

>>20478107
The Fed chairman is a Jew by DEFAULT, regardless of lineage.

>>20478129
free pepe

>>20478077
https://www.youtube.com/watch?v=l-knwwD-PZc

>>20478077
land/houses are over valued, PM's are under valued, its that simple.
Fiat always goes to zero value, always, no exceptions.


>>20478107
the alt right is a meme likely made up by the left...

>>20478129
they all have names and addresses(in mine craft)

>>20477711
I've seen the L&F but not the arcadia economics one, I'll hit it up this week at work.
>>20477618
This sounds more plausible especially considering how little people actually care about the stock market let alone the comex. How would they even save it though? From my understanding the Comex is under immense pressure because mines arent producing enough to keep up with demand which means that people are actually demanding delivery on their contracts so they can sell it in the physical markets for a pretty steep profit. Buy silver @ spot for $19 (5000oz), take delivery, sell in aftermarket for $120k. What's the gov gonna do to stop people from using the Comex as a delivery platform the way they are?

>>20478077

High inflation will also hit the real value of assets priced in that currency. They will not keep pace 1:1.

PMs will match true inflation better than anything else. They won't 10x real estate, but 2-3x is feasible in the next few years. Enough for a down payment on a mortgage if you're a small stacker and watch your credit rating, maybe enough to buy outright if you're a big stacker.

>>20478261
>200oz of silver
>1oz of gold
how well will i do

>>20478077

Commodities are at an historic low when compared with everything, and silver is at an enormous low when compared with gold. It is true that commodities will take off and re-assert themselves, precisely because they offer the value of protecting oneself from inflation. But they will not simply keep up with inflation; they will outperform everything else within it. People were buying houses for only a few hundred ounces of silver in Weimar Germany. Real yields are now negative, and the bond market is even larger than the stock market. All assets but PMs are in an historic bubble. Metals are now the only true safe haven, a fact which people will realize soon.

>>20478295
how much time do we have left to stack
i need to go from small stack to big stack

>>20478330
I have that same hoard, think I might buy one more ounce of gold, but am waiting with some cash to see what happens after earnings reports release.

>>20478077
Gold, sure. It's undervalued but by and large it will preserve the wealth you have. Silver, on the other hand, is severely undervalued.

>>20478295

In terms of real purchasing power: 3x for gold, 10x for silver, 10x for junior gold miners, 30x for junior silver miners, is what I might expect at a bare minimum, once we reach the peak of this bull market.

>>20478077
You should probably do more due dilligence before investing in things anon. Being careless will make you bankrupt. You chose the right sector though.

Essentially, under hyperinflation all things explode in price. But precious metals' thesis is that they have intrinsic value and have been used as real money for thousands of years, so while they too get the nominal increase from inflation, they also appreciate themselves as their own demand goes up - they're the true money that can't be created at the crazy rates currency gets created at.

Hyperinflation is not guaranteed however. What is guaranteed is monetary tampering which will boost the price of our metals. Silver and Gold are great places to be right now, and likely crypto once the recession stuff is all behind us.

I'm still cathing up with the previous thread bc I've been busy but I can't hold it gentlemen.
I found it.
You thought what I posted a while ago was the ugliest silver coin in existence but I came across something that topped it

>>20478107
you sound awful jewish fren

>>20478120
ive been lurking on biz for like 3 weeks since i decided to start stacking again. i work with some guys at the federal reserve board and they got me back into stacking. but i still dont see how you guys can expect a high profit yield. if anything its just a hedge on inflation for my purposes

>>20478188
but doesnt that imply that there will be no competing currency? i have a hard time believing people will accept silver as payment without converting it to a more liquid currency

>>20478295
>>20478339
thanks for the info. i will research more

>>20474944
>>20475668
I would be very interested to know if the on site management at Spanish Mountain has turned over or not. If Sprott's bought into the project, it means that hes confident that things are going in the right direction. I know he wasn't thrilled with the project in the past, something must have changed.

>>20478430
i was planning on doing it anyway. my goal was to have a couple thousand in silver for emergencies (IE fleeing the country or something like that)

You thought I was talking about the one in >>20478581? Think again. Prepare to have your already high blood pressure rise even more

I can't tell what people of the northern part of this continent have a perverse sense of humor or are more tasteless than americans

>>20478583
there is no certainties here in this.
do what you feel is right based on what you know and see.
we're not stacking for fast profits. its a hobby, and a safe store of wealth.
I'm not obsessed with the outcome of mooning or not

big boy up and ride it out. don't worry about it like a scared little girl.
if you win in PMs, then you win. if not you'll still be on the big game

Ok, this one was funny at first but looking at the other side made me cringe a bit ngl

>>20478613
If it was for fleeing the country why wouldn't you go for gold since it's a lot more compact?

Ok, enough with my shitposting. I sincerely apologize for shitting up this quality thread. I'll go back to lurking now. I'm not apologizing for picrelated tho. Blame this island's natives for this

>>20474490
That's a great idea but
>60 days
Might as well be a lifetime considering how fast things are moving. Currently buying Silver Elephant Mining and Southern Silver, both undervalued in relation to the price of silver currently.

I will however be selling First Majestic from your post(thanks) as well as Vista Gold due to Australia's mining troubles(lack of excavator equipment) although, later in this bullrun Australia Gold and Silver mines will have a lot of catching up to do.

Also thinking about what to do with: Argonaut Gold, Eldorado Gold, Hecla Mining, Novagold Resources(really conflicted about this one), Pretium Resources, Paramount Gold Nevada, and Skeena Resources. I've made a fair bit of money off these already(except Novagold*) and can't decide whether to cash in now for more plays or wait.

Anybody have any info on whether I should hold or sell any of these in particular?

>>20478585

It's worth reading Don Durrett's article. >>20475097 In the comments section he also says:

"I don't think they will sell for a low valuation now that Eric is involved."

"Hopefully, Eric will have a voice and convince them to build the mine. Eric believes gold in the ground should be worth much more than $30 per oz at $1800 gold."

"It was going higher without Eric's involvement if gold prices trend. It was too large and located in too good of a place not to get built. Their gold in the ground is valued too cheap not to rise.
But Eric's involvement should now push it higher faster, as there is more recognition of the property's value."

So he obviously believes that Sprott will have influence over the management team.

(1/2)

>>20478714
colorized just makes it look like clown money. disgusting. why dont hey just make a comic book and not fuck with coins?
or at least make a decent commemorative or tribute coin

hey gents, hows it going?
picked up one of these 10 oz bars. even though it was at spot i had to pay sales tax, which is lame since my state doesn't charge it so it must be coming from some shit hole like california
https://silvergoldbull.com/10-oz-silver-gold-bull-silver-bar

>>20478613
>>20478717
Smart move. Always gotta be ready for the unknown. I like some silver and some gold too for those situations. Imagine having to bribe a border guard, I could probably get it done with 5 silver coins. But if I only have gold I'd be overpaying.

>>20478745
Just keep in mind Rick's extremely critical and says he's only ever given out 6 1/10's in his history of rating stocks.

>>20478746

The comments on https://ceo.ca/spa are also interesting. I quoted some of them before; here are some others:

@mackvorkian I pulled every lever that I had at my disposal to get SPA in front of Eric Sprott's face. I don't know if we will ever know how he found out about SPA. I do communicate with Sprott Money on a Weekly basis as I buy my Physical Silver from them and have for years. They store it for you and are the most reputable PM dealer in Canada. 17 Jul 2020, 17:35

@mackvorkian We could be headed to record volume today. SPA has been unknown and off the radar for a long time. Then Jordan Roy-Byrne caught wind of it. And Don Durrett put up that excellent article on Seeking Alpha. And now Eric Sprott is also a shareholder. And when ES gets on board, the word gets out. And ES in it for some serious dough $$$. See what his Buy In and recommendation of FVL did for that jr. FVL went from 8 cents on May 5 to $1.50 2 months later. It is not unusual for ES to get his initial slice and then to keep on buying. There is a reason that the Volume is seriously UP. If you are new here, and you want in, buying today is going to be a lot cheaper that after the word gets out on Sprott Money on Friday. At $1800 Gold, SPA has an NPV of $960 Million and an IRR of 40% with an aisc of $549. And right now, the M/C is only $60 million. No doubt Eric Sprott thinks that there's a lot of upside. 16 Jul 2020, 19:02

(2/2)

>>20478717
i could but i also like collecting various silver coin designs. also feel like if there ever were a situation where i could use pure silver to buy something that it would be much easier to exchange silver coins than gold for smaller transactions

>>20478713
im not actually scared, that was just what i named the pepe image. i was planning on buying a lot of silver anyway (no concrete amount decided upon yet) but wasnt sure if it was worth jumping all in on silver or waiting it out.

>>20478746
good, because that project really needs that kind of thinking to work. The idiots who were running the place when I worked there couldnt get anything done. We were constantly buying new gear that we didnt need, so much needless spending, and all the inter office / department scheming was horrible. Thats not what you want at a winning project.

mail call

>>20478785
> silvergoldbull has their 10 ounce bars at spot again

based

>>20478581
Are you telling me I wasted my money on this?

did golden state mint make gold platted copper rounds?

>>20478834
interesting fact i got the idea from when i use to work as a US customs officer. it was significantly harder to sieze silver and gold coins because legally we could only appraise it at face value... unless we believed the person was involved in criminal activity.

>>20478869

how can you waste currency on money?

>>20478869
that green looks ugly .why not blue?

>Other side of the coin is stalin
Is that supposed to be FDR?

>>20478656
nah, obama is slim and has a good smile
You're confusing your political views with aesthetics.
Hell, at least he's not as fucktarded sjw as pretty-boy Trudeau.

>>20478695
>Putin as St. George
fuck.

>>20478897
>it was significantly harder to sieze silver and gold coins because legally we could only appraise it at face value... unless we believed the person was involved in criminal activity.
whats to stop them from just saying we suspect you?

>>20478867
they only let you buy one at spot. but its still pretty classy considering the premiums these days

>>20478869
It's not as bad as those I posted but holy shit. I was painting wh miniatures years ago and I thought I was bad but whoever painted yours needs a beating

>>20478934
because then they can come back later with proof of solvency or proof of how they legally came to possess the bullion and we would have to return it. the one time i seized gold was from a wealthy traveler who worked for a foreign government. he was known to us as a currency smuggler so we were able to take it for "failure to declare"... he also had it hidden.

>>20478834
Yeah but I need more capital. First Majestic has gone up a lot, which means its already leveraged to whatever hypothetical top it has, versus many junior miners which have barely moved, like the ones I initially mentioned.

>>20478926
Painted coins are not aesthetic imo and with such premiums you may as well just buy the supplies and paint/print them yourself whatever the hell you like.
Sorry for posting again, these (You)s got the best of me. I'll refrain from posting. Keep the quality posts coming gentlemen. I REALLY like this thread

>>20478899

based and maloneypilled

>>20478986
>he also had it hidden.
were was it hidden and how did you find it?

>>20478077

in a very high or hyperinflation scenario, all things will rise, but pm's will rise faster, due in no small part due to their liquidity. everyone will take a silver coin in a trade, not everyone will take (insert other item that's currently $20-25) that's larger/perishable/etc.

>>20479034
im not going to go into how we knew he had it but it was sewn into the padding of one of those canadian "goose" jackets. The big puffy ones. plus currency smugglers (as in people who do it professionally as part of criminal organization) always get caught eventually. especially if they are smuggling on behalf of foreign groups and organizations.

>>20478583
silver is 100% liquid, so is gold.

You can have 1 oz, all the way to 1/100000000 of an oz and less of recoverable PM's, embedded in a note or coin.

you can have electronic PM transfers as well, so debit, credit, cheque, pay pay and so on.

It would actually be easier and cheaper since you dont have to convert from one foreign currency to another.

OK guys, I think we've all been doing really well lately. Today are going to be discussing stack insecurity. Who here has something they would like to share?
>tfw 275toz ag 6.5toz au and still bully myself about not having enough and being too poor
How can the feeling of stack insecurity be overcome on the road to making it?

>>20478908
>Why not blue?
Here's why: an equally tacky watch.

>>20478869

>>20479010

First Majestic is actually an excellent stock, it is simply that, as a large-cap, it has far less room to run than the small-caps, which is why I prefer them. But it will always move with the silver price, because not only is it, as Sprott says, a "cult stock," but it makes up 10% of SILJ, So anybody who buys that ETF will be driving up the price of First Majestic. And, unlike mainstream ETFs, the miner ETFs are not in a bubble yet.

>>20479141
who is making these?

>>20478964
Yeah, it got fucked off in shipping by a tube of ASEs smashing it. Not enough padding, I think I'm going to send it back.

>>20479010

First Majestic is actually an excellent stock, it is simply that, as a large-cap, it has much less room to run than the small-caps, which is why I prefer them. But it will always move with the silver price, because not only is it, as Rick Rule says, a "cult stock," but it makes up 10% of SILJ, So anybody who buys that ETF will be driving up the price of First Majestic. And, unlike mainstream ETFs, the miner ETFs are not in a bubble yet--and at some point they will be. I am considering buying Hecla Mining simply because it also makes up 10% of SILJ, while it is still only $4.50 a share.

The reason why First Majestic is a "cult stock" is because Keith Neumeyer, the CEO, is a favourite figure among silver-lovers. People also remember the fact that it went up 150x from 2001-2011; although, obviously, only a small-cap could do this now, which is what First Majestic was in 2001.

>>20478887
does anyone know because i can't find anything online?

>>20479126

simple, keep adding. don't forget to add some rose gold.

>>20478850

I sometimes hear it said that the bad companies do best in a PM bull market. Simply because their share prices start from such a position of weakness before a rising gold price forces them to catch up with the rest.

>>20478261

>What's the gov gonna do to stop people from using the Comex as a delivery platform the way they are?

Pump physical into the system to try scare away the people betting on its failure. At least until their schemes fail and they have their "oh shit" moment and realize they NEED that physical back.

>>20478356

Wish I knew friend. But until we hit bottom of asset indexes relative to gold: more is better, earlier is better, up to levels which are safe for your financial situation. Personally I am taking on modest leverage to buy in to miners, but I am also fairly confident in my job and living situation (worst case I will not be homeless). You will have to make a reasoned assessment of what risk you have appetite for and what your fallback plan is.

>>20478420

I hope for the same, but even if it's less I'll be glad just to make modest gain. We'll see what happens with the miners.

>>20479126
>How can the feeling of stack insecurity be overcome on the road to making it?

you gotta say fuck it i don't give a fuck I'm gonna do what I'm gonna do.
confidence fren. gotta have some confidence.
put on yer poker face. gotta know when to hold em
know when to fold em
you never count your money
when yer sittin at the table

>>20478581
>FDR/Stalin eagle

>>20479289
Sounds about right. I wonder though how long it will take for Sprott or one of his guys to visit the head office like they normally do and figure out whats going on. Sprott ate the BGM management alive when he visited them.

>>20478952

i just ordered one plus some walking liberty halves.

>>20479175
That is the new "Seiko 5 Sport" made by Rolex. I ordered it from Holland, but I think you can get them in the US now.

>>20479406
very nice anon. its the second bar i've ordered. been happy with the american flag bars. hopefully these look nice as well

>>20479400

Mark Vorkian, who accumulated the company dirt-cheap some years ago, and "did everything he could to get it in front of Eric Sprott's face," wrote a long list of things which the management should be doing. Seems that he is frustrated with them as well:

"If I was running the company, I would: #1 Hire a sharp IR person who actually communicates with the shareholders and prospective shareholders. #2 Upgrade the website. #3 Drill the Phoenix Zone. We need the News Flow and the potential additional ounces. #4 Hire Whittle Consulting to maximize the mine plan. #5 Search for and find a new CEO to take the company to the next level. #6 After the sweet stupid cheap lowball financing, find a way to ensure that all the insiders buy and continue to buy shares in the market. #7 Prepare the company for a Buy Out. (I was told in the past that SPA will never mine this and that they don't want to. They don't have the chops to do so.) Therefore, I would clarify my goals and tell the shareholders. #8 Attend every single Mining Show in North America going forward. #9 Contact every single Newsletter Writer. #10 Hire Mike at Insidexporation to come on site and do his promotional service. #11 Hire Newton to do Social Media. #12 Search for and hire an new CEO who can actually do the things I just listed. I mentioned this twice. Its that important."

As you say, it is encouraging to think that Sprott may clear up their inadequacies. And then we might see another FVL. So I will definitely hold this stock long-term.

>>20479289
>>20479400

That actually is included in Ben Graham's Security Analysis. Mining companies that achieve a profit of $0.01/ton mined will see the biggest windfall in share prices. If prices increase $1/ton, their profit/ton increases 10,000%. This is the same reason Austrians bitch about money printing: the companies that are barely viable get a lot more out of it than good companies

>>20479237
Definitely a great stock, and I see institutions piling in in the future. As well, they've been held back due to their tax issues with the mexican gov't so haven't run up as much as the other majors.

>>20473695
I've been riding NAK (northern dynasty minerals). Doing okay.
I got in @$1.50 it's up to $1.70

>>20479523
its interesting that they say that SPA never planned on actually running the mine themselves, that was the attitude when I was there. Everyone in management and general staff knew it was planned to eventually be a buy out get out situation. How have they still not drilled at Phoenix yet? the geos were talking about that when it was still only thought to be a promising showing, they havent done much it seems since I was there.

>>20474699
There's definitely something happening. Between JP Morgan horde, and that crazy ass comex order.
Along with the "coin shortage" I'm on pure fomo

>>20479400
Damn I wonder what Sprott said. Would've loved to hear it.

Found this comment from Rick about Barkerville. https://www.bnnbloomberg.ca/investing/video/rick-rule-discusses-barkerville-gold~1533462

>>20476941
I like this

>>20479532

Thank you, this is interesting to hear. Even though Dacian Gold is doing disastrously, and I don't care about the company at all, I bought it at $0.20 a share recently simply upon this principle. Even though 95% of my other companies are ones which I passionately believe in. It is also the reason why I like McEwen Mining so much; because its setbacks are not because of the CEO, who is a mining genius, but external, and able to be remedied by a rising gold price.

>>20477290

there's actually a lower premium on them than regular maple leafs, they're a great deal.

>>20479836
From where? Places I have looked at in Canada sell it at a higher premium than 2020 leafs, although admittedly not that much higher/oz.

>>20479675
It was pretty bad for the higher up management. Sprott likes to visit unannounced once in a while and catch things off guard to see whats happening. He will often go around and just ask random employees what they think about things, or how things are going. Sprott had the bar at the Pooley St Cafe in Wells stay open late and grilled the top management for an hour. He repeatedly called out the geos as being yes men, and reminded everyone that he wasnt Frank Callahan. It got pretty heated and he eventually had everyone he didnt want chew out leave.

>>20479915

jmbullion, 1 kraken is cheaper than 2 maples

tfw you finally bite the bullet and place an order for 25 silver things

pics to follow, at some point, hopefully...

How many dogs do I need to eat to become the next global superpower?

https://www.linkedin.com/pulse/chapter-4-big-cycle-united-states-dollar-part-1-ray-dalio/

https://www.bridgewater.com/research-and-insights/co-cio-bob-prince-discusses-impact-of-pandemic-on-markets-and-global-economy
>"The boom and bust cycle as we know it is over"

>>20480121
kek I downloaded that video to watch just this morning, and I've been trying to swallow the Dalio pill for months.

Did the price on asahi cybers just go up?
Fuck I liked the look of these, but I'd rather just get the best deal. Which looks like maybe 1 oz SilverTowne Buffalo Silver Round (New)... kind of yucky.

>>20479671
what does FOMO stand for?

>>20480416
Fig or macadamia olives

>>20480283
everything only goes up. welcome to clown world frien
>>20480416
that has got to be the biggest new fag statement i've heard in a while. also its called google use it. please

>>20480416
it means the F.ed O.nto M.y O.re

>>20480416

Fuck Off Mate Okay

>>20480470
>>20480416
it means they are onto him

>>20480416
Flagellating Orange Mega-Ocean

>>20473517
Copper has even greater anti-microbial properties
why aren't you stacking copper?

Should I invest in gold, silver, or bitcoin?
I have fear of missing out

>>20480559
please tell me your a bot, or maybe an indian...
also, buy silver

>>20480541
nigger have you ever heard of copper poisoning?also copper oxidizes and that oxide is toxic

>>20480416
Frig off Mr O'leighy

>>20480585
must be a fed glow worm trying to get is to poison ouselves

>>20480416
First On Mommies Ovaries

>>20473521
I actually like this as a concept but the smart way to do it would be to coat the outside with something that makes it look like wood or copper.
Then if you're ever travelling and get robbed and need some money or something, you just need to break it open to show the gold on the inside. Nobody tries to rob you for your gold even if they see you're wearing a ring, but you also have some easily to carry emergency funds.

>>20480737

>>20480771
Why complicate things when you can just stick your gold up your hole?

>>20478856
sweet coins, where can I get some of those?

>>20479917

That's fuckin baddass

>>20478785
California is tax free if you spend > $1500

so... just realized there's amazing deals on reddit's PMSale. Should I cancel APMEX orders because of their ridiculous premiums?

$5 on $25 1oz maples seems like a ridiculous premium in hindsight.

>>20481054
I think he did it at the Pooley St Cafe bar because they have one of the largest Scotch collections in Canada.

>>20478583
>hedge on inflation
This is the only correct reason to own. Unfortunately we have a lot of low IQ silver speculators in this general that are no better than crypto moonboy when it comes to expectations for their stacks of cheap metal. Totally unrealistic predictions based on now-irrelevant shit like muh ratio, and the conspiracy theories are simply embarrassing. Silver stacking attracts retards because the barrier to entry is non existent, just like XRP bag holders.

>>20480867
I can't fit any more up there rn.

>>20480416
dude holy shit how new are you???

>>20481233

Expecting enormous gains on silver miners is not unreasonable. The average small-cap silver stock went up 150x during the bull market of the 70s. We saw the same in the 00s; see e. g. First Majestic, which went 150x from 01-11. We have already seen enormous gains in PM stocks, like 37x in FVL over the past few months (>>20475982), or 5x in Vizsla Resources, which I recommended in /pmg/ a month ago.

>>20481233

Hedge on inflation is wrong. It's a hedge on decreasing real rates. Silver stuff is wrong too but I'm too tired for that.

>>20481233
>>20481383
well i guess my question is "is the value of physical silver actually able to increase"? yes the exchange rate in a fiat currency may change but the purchasing power does not seem to grow. the only way i personally can understand the increasing value is that there is less and less supply and more silver is being consumed for industrial purposes than is being mined.

>>20481481
YOU FUCKING IDIOT, THIS ASSUMES THAT THINGS ARE NOT OVERVALUED ANDN THAT SILVER IS NOT UNDERVALUED.

HOWEVER

THE TRUE FACT OF THINGS IS THAT THINGS ARE OVERVALUED AND THAT SILVER IS UNDERVALUED. SO DO THE FUCKING MATH KIDdOOO!

>>20480416
Finally on my own

>>20481233
cope: the post

>>20481481

Gold is still vastly undervalued as compared to the Dow, and needs to go to about $5,000 before it reaches its nominal peak of $1900 in 2011. Hence it will buy you about 3x as many stocks, 3x as much real-estate, &c., at the peak of this new bull market. Now silver, to get a normal historical ratio with gold, would have to double in terms of real purchasing power. That gives you $120 dollar silver in today's currency, and the ability to buy 6x as many stocks, 6x as much real estate, &c.

As I mentioned in a previous post, the bond market is even larger than the stock market. And, as real yields are now negative, and will only get worse as inflation grows, a bull market in silver is inevitable, because silver is one of the few safe havens remaining. David Brady says that it could go as high as $500. Why not, when bonds provide you with currency which is becoming increasingly worthless, and assets are in an extremely dangerous bubble.

>>20480416
fags on man orgasm

>>20481481

Gold is still vastly undervalued as compared to the Dow, and needs to go to about $5,000 before it reaches its nominal peak of $1900 in 2011. Hence it will buy you about 3x as many stocks, 3x as much real-estate, &c., at the peak of this new bull market. Now silver, to get a normal historical ratio with gold, would have to double what gold does in terms of real purchasing power. That gives you $120 dollar silver in today's currency, and the ability to buy 6x as many stocks, 6x as much real estate, &c.

As I mentioned in a previous post, the bond market is even larger than the stock market. And, as real yields are now negative, and will only get worse as inflation grows, a bull market in silver is inevitable, because silver is one of the few safe havens remaining. David Brady says that it could go as high as $500. Why not, when bonds provide you with currency which is becoming increasingly worthless, and assets are in an extremely dangerous bubble. Once people realize that the governments of the world are caught in an inextricable debt-trap, how can they not buy silver when they see it is so cheap? They will do just what they did in the 70s, and rightly so.

holy shit, we could be posting cute anime girls right now.
but instead, you crusty old fags are sitting around talking about shiny rocks?
the absolute state of boomers

>>20481722
based hi-iq post.

Here’s my first buy, 40 ASE that I bought a week ago at too high a premium.
I think moving forward I’ll buy 10oz bars for a while, stopping to buy coins and a bit of gold at every 100oz.
Do any of you guys have a preference on how you split your round/bar oz?

>>20481481

There will be a point where both silver and gold become extremely overvalued beyond their base purchasing power as investors pile into the metals. Just like every other asset that becomes popular to the masses, they'll overshoot their value as we get into Ponzi style buying. And the argument for silver overshooting it's fair value is very strong, as it's market cap is extremely small, and as well most of the public are not able to afford any quantities of Gold, hence going for the next best thing. When people think of the next best thing to gold, it's silver. In this likely scenario then, silver's percentage gain will be higher than gold's. Looking back at history, this has always been true in precious metals bull markets.

Beyond that, just being a precious metal in an inflationary period makes it's value itself grow, irrespective of the added inflationary nominal value.

As for Gold Silver ratio stuff, I see no reason it won't revert to the mean as it always has. If there is an argument, it has to be true now that wasn't in 2011. As it stands, Gold's price vs Silver has always peaked during the recessions, like it has in the GFC and Dotcom, and afterwards dropped downwards as silver's price rockets upwards. And in our current recession, what do you know, Gold's price to silver has shot up at record highs. If there is any good argument why we won't follow the historical trend, I'm all ears.

My money is agnostic be it for boomer rocks or zoomer coins. I don't care and have no attachments. But my money is betting on the Gold Silver Ratio reverting.

>>20481846
> large bars (10 ounces or 1 kilo): 20 percent
> small bars and rounds (1 ounce): 40 percent
> gov minted coins (1 ounce): 20 percent
> junk silver: 20 percent

>>20481777
meant for >>20481753

>>20481898
based anime posters

>>20481895
I'm that anon, my picture was a phone post.
I'm totally unaware on junk silver but I guess it's time I learn since I want to drip cash into PM.

>>20481967
junk isn't cheap enough. buy 1oz coins

>>20481846
Mostly 100 oz bars for me
Luv me BRICKS

>>20480416
For Obscene Male Otaku

>>20481996
Alright I've got a 2k brick in my cart already thanks bro.

>>20482022
Wait until you can do this with them

>>20480416
FUN
ONLY
MEN
OBSERVE

>>20482083
That picture was the first time I took the second stack out.
The coin on the right is my designated fidgeting coin.

>>20482083
Which ones are those really thick 100oz bricks in this picture?

is ~45 toz of silver enough to play the gsr over decades as long as im using the pms as savings? i realized i wont be able to afford as much as i wanted at these prices but if silver hits $50 i could swap for gold and then swap back out as silver drops. is this a common thing to do

>>20481846
still a stacklet with only 140 toz ag and 2 toz au,
but I have 50 toz in bars, 75 in government minted coins, 15 in generic stuff. Ill get gov coins if the prem aint crazy otherwise any generic stuff will do.
I try to get around 1 toz au to every 100 toz ag

>>20482158
All the big flat ones.
Luv me B A R S

Got my first Filipino peso, anyone else stack old pesos? (Pinay wife so that’s where my interest comes from)

>>20481123
>there's amazing deals on reddit's PMSale
post some
close to spot as possible plz

>>20481233
> hedge on inflation
this is my biggest reason, but you can definitely speculate on metals to profit off of trends in economic activity, industrial demand, central bank purchasing, etc.
An anon around here was speculating on Nickel recently with great success.

>>20482083
shit.
I really need a job.

>>20482281
goddamn those bars are nice

>>20480416
Fear of missing out.

>>20482281
ANSWER. THE. QUESTION.

>>20481643
Hits home doesn’t it fag?

>>20482284
Have about 2 pesos worth of Philippines junk. Beautiful coins at a great price.

>>20482383
Can you read?

>>20482435
I think this is the same retard that comes in here and acts, well, like an absolute retard >>20482383

>>20482533
Goddammit
Why does he never quit?

>>20482413
Nice, I’m wanting some centavos. Where do you buy yours at?

>>20482585
he has no life and no one that loves him

>>20482533
What I'm not allowed to do that here? And no, I'm probably not the person you are thinking about, I just want to know who makes the really thick bars in this picture: >>20482083

>>20477063
Nice, picked up a kraken with my first order

>>20482632
True, but I'm not who you think I am.

currently have
>270oz silver
>2.25 oz gold

Have $600, tell me what to buy next or pic related happens to you

>>20482747
a 9mm handgun and couple boxes of ammo

What happens when you go through an airport with $10,000+ in precious metals and declare it to customs?

>>20482672
Ohhh
The flat ones are Royal Canadian Mint
The medium thick ones are JM
The super thick ones are Sunshine Minting and JM

>>20482166
Not really. I guess you could get an oz of AU, but you can do that now for 1800 bucks. You need to cut your spending, increase your earnings and stack for real. Getting a budget cell plan and using an old phone should be good for an extra $1k per year, cut Netflix and Spotify that's another 10 oz a year. If you have any cc debt though you should get rid of it first so you have more cash flow for stacking.

>>20472554
https://www.youtube.com/watch?v=6IAYlISmJO8

>>20482816
what about 200oz and 1oz of gold

>>20482801
Thank you!

>>20482878
No problem! Sorry for the confusion!

Do collectible coins increase in value more? Where would I find them, ebay?

Would anyone really want one of these because they're rare? It's a cool idea. Think "first day" matters?

>>20482629
Asked for foreign junk silver at LCS, bought close to spot. Also picked up an uncirculated 20 centavo for $3.

>>20482785
if you declare it, nothing happens. the danger is not declaring it. they typically will not seize it unless they have reason to believe you are attempting to circumvent the reporting requirement

>>20482166
Not to be an asshole but if stacking <100toz a year is such a burden for you sounds like you are poor as shit and should stack some serious cash before stacking PMs in earnest.

I’m totally on board with the PMs are sound money meme, but what happens when you stacked PMs hard and then suddenly you have an unexpected expense and not enough $US to cover it?

You have to go and sell your PMs to the crooks at your local coin store, possibly at or even melt value, that’s what happens.

You can avoid this, ideally by not being poor or at least less poor. In the conventional sense.

>>20482987
Very nice, I’ll have to do that next time I head to mine. Obligatory full stack pic as well.

>>20482785
>>20482999
also i should add that this is a grey area as non-government minted bullion is not considered to be a monetary instrument.... so technically there is no legal requirement to report unless the face value is over 10k. but its better to declare it to avoid any issues.

>>20482968
Some collectibles are cool but they’re not guaranteed to go up in value. I’m a sucker for collectibles/commemoratives from the Royal Mint, but often I check on eBay and find they’re not actually that desirable on the market. So for new commemorative shit, if you like them you just have to accept you’re not necessarily getting your money back any time soon.

On the other hand, OLD SHIT is a fucking winner. The old coins, especially the pre-19th century stuff is expensive, but also very much desired. I’ve noticed even Victorian silver crowns in moderately good condition get bid up like mad on eBay. You have to pay big money to get them but there’s a big chance you’ll get it back or even better.

>>20483028
>gold sheets coated in polyester
I think the idea of this is really really cool, but is it worthwhile? How hard is it to even melt these "goldbacks" down to reclaim the gold?

>>20483118
those are badass
I'm interested in these "emergency run" Philly minted eagles , but it could be a terrible investment. If the collecter value doesn't add to it, it's a big waste at 3~4X spot

can anyone explain to me why these are so much cheaper than britanias, krugerrands, and maple leafs?

>>20483204
Yeah

what is the price effect of manufacturer on silver bars? Who is the most reputable, and in the case of RMC vs APMEX?

>>20483204
sorry forgot pic

>>20483135
I've read in previous pmg that it's basically impossible to reclaim the full gold in the gold backs.... But beyond that I don't know.

>>20483154
Emergency run feels like a scam. Buy regular ASE

>>20483135
Not entirely sure, was more of a collectible purchase than an investment purchase. I would imagine it’s a bitch to purify. Then again you melt it down and just burn off the plastic.

>>20483220
Both are very reputable, the mint doesn't have a huge impact on the price of big bars unless they're older. Scottsdale bars have a little higher premiums because they're kino.

>>20483223

they are printed to oblivion. try set mint amount kooks

>>20483441
ive been eyeing some of those as well, the kangaroos just seemed like too good a deal to pass up. i still have >100 oz of silver so im trying to build my coin stack as efficiently as possible. ASE's are out of my range right now but ive been eying kangaroos, britanias and a few others. im looking to drop $1k this week if i can find a good deal

>>20483529
>"< 100oz"
sorry ive been drinking.

>>20483529
You'll be fine with either but Brits look better than Roos imo.

>>20483529
I broke down and bought some roos too. I should have just bought the asahis when they were on sale the other day. I would have rather had the nice rounds over the ugly coins.

>>20483628
im a little averse to buying too many rounds because i feel like they are not as desirable as minted coins. but thats personal preference. (although i do like the apmex rounds for some reason)

I have about $140 face of Mercury dimes and Walking Liberty halves. I have some other random silver, but in total I’m over 100 Oz. I also have 2 1/4 Oz gold maples. So I have about $500 to spend on more and I’m split between silver maples and Scottsdale Réserve 1 Oz rounds. I’m not paying $27 for ASEs. Any compelling reason other than price to go for maples? I really like the design on the Scottsdale. I feel like I am mostly in practical silver so something really nice looking would be a welcome change of pace. I like the 2oz stackers, but I would like to stay denominated in 1 Oz for this purchase.

>>20483687
I personally like the leaf, very brilliant. But then you have the old bag/lizard on the other side. You win some and lose some.

>>20483529
https://sdbullion.com/random-1-oz-silver-coins

These are always a good deal for government coins.

when selling coins or bars, how do you negotiate a premium beyond the strike price, and are there assets that are easier to get a premium for?

Eg I've heard getting premium for selling 1oz silver maples is straightforward.

A coin, properly speaking, is a unit of precious metal that can be used as commodity money.

I know it’s become the convention, but it seems wrong to me to make a fundamental distinction between “rounds” and “coins”. Even if the way things are at the moment, most precious metal coins minted by governments are more desired than privately minted “rounds”, neither are actually in circulation anyway.

Historically and properly there were many private mints in England, Continental Europe and North America over the centuries, and what they made were always referred to as “coins.” We should go back to this practice. You might think this is trivial, but language is important.

>>20483842
What matters for a lot of europoors is that coins have certain tax-exempt properties. Doesn't matter for amerifats.

>>20483790
their kangaroos are cheaper right now. odd i know

>>20483904
The Roos were cheaper than the buffalo Rounds

>>20483904
Yeah, right after I posted there was an ad on their page that roos are on sale. I don't think it's an AWFUL purchase, still waiting for a dip personally.

>>20483879
Oh yeah, I mean obviously where government-minted coins have a legal status different from privately-minted “rounds”, it’s worth taking note of it in your own interest.

I just feel like this sanctification of “coins” over “rounds” simply because they are minted under government authority is a little unfortunate.

It was the arbitrary status given to government-issued coins that made old historical events like the debasement of Roman coinage and later Medieval English coinage possible. And this is where the seeds of fiat money come from, when the concepts of simple commodity money and official currency were separated.

Because coin is the older, more evocative term, when you call government issues “coins” and private issues “rounds”, it seems to me at least that you make the latter seem less “money-like” to the average listener.

>>20483995
I agree with you, but this kind of bogus divison is exactly why I am only stacking government coins - not because I believe there is a fundamental difference, but because other people might and therefore gov coins will likely have better value/liquidity.

>>20484179
Back during the gold rush privately minted gold tokens circulated alongside government issued coins of the same specifications. The arbitrary division between "rounds" and coins has been imposed within the last century, likely around the same time silver coins were taken out of circulation.

>>20478745
Just an opinion but I would hang on to Hecla. People are starting to pile into this stock and they'll bid the price up quite a bit more. Note that I'm talking about behavioral finance and not fundamental analysis. From a fundamental analysis, it still looks good based upon what Fred Hickey, publisher of The High Tech Strategist, has recently said.

>>20482747
>>20482747
>>20482747
BUMP

>>20483842
I agree. I call them coins everywhere outside the bullion dealer.

>>20484473
1 oz platinum

>>20484499
600 cant buy an ounce of plat

>>20484516
>he doesn't know about the FOMO doom sellers

>>20484516
Tube of Krugerrands.

>>20480001
Piece of trivia: Spuds McKenzie was actually a female dog.

>>20484385
i wish i could find good photos of them, but I love all the different trade tokens the different businesses used to hand out to customers. Some of them were amazingly well stamped for being often single use items.

>>20484516

it will in a few months

>>20484611
Zoom out faged

>>20484538
tell me more anon, I would love some plat

>>20484572
I like this idea after that one anon a while ago talked about it was made with stolen zulu slave silver or something

>>20484611
>$1800 plat
I cant even imagine buying then and still holding it when it dipped to 500 kek

>>20484611
Only up from here.

>>20484179
If things really go to shit, rounds will be accepted. The difference between a round and a government minted coin is, as you said, that the government minted coin is much more recognized and usually more difficult to counterfeit. What people will do with rounds is that they will do assays to ensure that it's actually silver and not some base metal. This is what was done in medieval Europe and in China back in the day. Of course, some people won't know real silver from base metals and will be too afraid of getting swindled to accept a round. From that perspective, the govenrment minted coin has a larger audience that would be willing to accept it.

I just want to make it bros. 8 years of scrimping and saving, I just want a comfortable life, not even a lambo just a place to live and so I can rub it in my ex gfs face.

>>20484611
Reversal

>>20484385
Yeah I'll be hanging on to Hecla. Also jumping into Aurcana and Bonterra tomorrow morning.

>>20484829
>I like this idea after that one anon a while ago talked about it was made with stolen zulu slave silver or something

kek. South African miners go on strike like every other week and their wages are extremely high by local standards compared to the poor saps stocking shelves or sweeping streets.

Sure it’s hard work, but I’m not losing any sleep over it. Krugerrands are plain but they have a timeless classic look and are cheap. What else do you need.

>>20484611

>>20484977
Same here fren. Been driving a $1500 Jeep for
10 yrs. Stacked up about a quarter ton of silver.
I'm ready for newer ride

>spent all my money this month moving away from the city and back with my parents
>won't have anymore money to spend on silver until the end of the month and maybe not even then
how likely is it that silver still won't moon before then?
am i not gonna make it?

>>20484792
It goes down with every recession, now's not the time to buy.

>>20485100
its not going to make a big move in either direction. but it will keep going up

>>20485100
September is the first "probably gonna moon now" date. You good.

>>20485137
>>20485139
i see.
so when everyone was hyping up silver when it started going up like 2 weeks ago that was all just emotional hype right?
there isn't any actual reason to believe silver is gonna start hitting the $30s or $40s in a couple months right?

>>20484977
Jesus god damn christ you're gonna make it bro

Also does anyone else keep a silver 1oz near their desk for them to touch repeatedly? if so do you put it away when you're gonna sleep? if not did it/will it get all rusty?

>>20485170
yes silver is not a shit coin, it doesn't magically pump and dump...
you're in this ride for years friendo

>>20485091
>a quarter ton of silver

Pls grace us with pics fren.

>>20484977
when the upcoming great depression is over you should spend some of that on starting a business or stocks or something

>>20485100
I am counting on yet another fairly substantial fall in asset prices later this year when all the wishful thinking of a V-shaped recovery turn out to be false. My belief is that it will be another all assets down situation where the only things that don't go down are US Treasuries, cash, and maybe Japanese yen and JGBs. Precious metals should also take a hit and you'll have an opportunity to buy then.

>>20484977
buddy your going to make it, you have an amazing stack keep it up!

>>20485220
>later this year
unironically im predicting that will happen within a month
california locking down should be more than enough to trigger this, if texas or florida locks down its even more likely

>>20485203
can't do it. it's in several locations

>>20472602
healthier than usual

>>20485122
Supply is non existant, good luck buying when price crashes again.

>>20478339
What is the simplest way to invest in commodities for your average Joe?

>>20485273
>several locations
good man

>>20485384
By buying commodities like silver, gold or platinum. Next in line is buying stock of company selling commodities. Don't buy contracts.

i had a dream about merc dimes

>>20485091
Thats 15 oz a month for 50 years. Not enought to retire.

>>20480416
Figger Oigger Migger Oigger

>>20485091
>8,000 ounces, in multiple locations.
Extremely based. I begged god to let me get to 1k before the crash. I'm sitting on 2k+ and wondering if I should go into miners from here on out.

>>20485100
We have another pull back to the 17 or 16$ range. Better buy all you can before Sept though.

>>20485308
itll rise in price again when car manufacturers realize that palladium is too expensive and platinum is a better option
platinum may not catch up to palladium due to palladiums much greater scarcity, but platinum will rise when this happens

>>20485560
There is no hydrogen cars without Platinum.

>>20485560
https://www.theguardian.com/environment/2020/jun/28/hydrogen-fuel-bubbles-up-the-agenda-as-investments-rocket

>>20485700
>>20485734
i doubt hydrogen cars will happen soon
though i love hydrogen fuel so hopefully

>>20484977
Digits confirm that you shall make it. Start making plans now for being neo-aristocracy.

>>20485762
https://www.caradvice.com.au/864030/hyundai-delivers-worlds-first-hydrogen-powered-trucks/

"Korean car giant Hyundai plans to send a total of 50 trucks to Switzerland this year as part of its commitment to building a total of 1600 by 2025."

What ever happened to silver batteries? No one wants to buy $10 disposable batteries instead of the already good enough nickel and lithium batteries

>>20485879
the problem is infrastructure, to get everyone on board with hydrogen you'd have to start replacing all the gas stations with hydrogen stations and start a whole new supply line of hydrogen fuel
it would take a lot for that to happen

>>20485734
>>20485762

Probably not cars, but hydrogen planes, trains, or ships are a possible use cases. A lot of the problems of liquid hydrogen production, distribution, safety, and storage infrastructure are more easily solved in scaled and centralized situations.

Hydrogen is no joke to work with, it ain't for Joe Public. But big companies with plenty of capital behind them could make it work. If fuel prices rise or carbon taxes are coming the economic case could be made.

>>20485762
https://auto.hindustantimes.com/auto/news/hyundai-hydrogen-chief-on-why-the-company-bet-on-fuel-cells/amp-41591770933358.html

>>20485950
>>20485974
Not a problem, 3rd most common fuel is Autogas. It needs special gas station and a person to fill your tank. Not far from how hydrogen will work.

>>20485974
Average joe in Turkey or Russia can use LPG. West will have no problem switching to Hydrogen.

>>20486101
electrical vehicles are going to be pretty big soon, just look at tesla, they have beaten gas cars in every single field, range, speed, acceleration, ect.

Once the price comes down to around 30-40k a unit its going to take off bigly.