/biz/ - Business & Finance

>

FWTDHWAHQUD status-- {getting shitfaced}

I'm worried

>>20569704
Nice nostrils

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

>>20569722
Worried about making it? Me too

>>20569667
I just bought this.
What do I do now?

FWTDHWAHQUD

>>20569744
open your mailbox and put it in your house when it arrives.

>>20569681
>>20568800
jews mad,and starting the shilling

would i still be good to acquire small amounts of silver like once a week
i don't have enough to buy large amounts

>>20569732
Kek

Get in on Pyrite quick lads, it's the chainlink of precious metals.

>22.70
>22.70

These threads used to be comfy now they move so fast and there's so much attention on us.

Kek I ordered this this morning. I felt like such an idiot, I thought I would be in the red for months.

>>20569667
2,100oz's of silver, feels good.

>>20569789
Comfort only when we are free, turbulence now

>>20569789
sometimes i wonder if all the attention is people trying to make a quick buck, making silver yet another pump and dump scheme

>>20569775
based pyrite poster.

>>20569667

>>20569681

$1.4 trillion dollars was added to the debt in the last three months. If the Fed stops QE then the yields increase and the stock market crashes. If the Fed doesn't stop QE the stock market will rise exponentially and we will have hyper inflation. Two different roads to the same outcome: the collapse of fiat.

You're supposed to come to places like /biz/ to learn the shit you won't learn from the controlled media and educational system. Shut the fuck up and read.

Just took my money out of the bank this afternoon lads

>>20569775
does pyrite have any value as an industrial metal?

>>20569789
i am hoping things return to norm honestly, if silver keeps pumping its going to cause me problems.

>>20569836
Right... this is the first time it has risen rapidly in like 10 years. It's been boring as hell for years, building pressure. You sound like a copelord, not a silverchad.

HERE WE GO AGAIN

>>20569844
checked,also hes most likely a shill

>>20569722
is there anywhere selling asahi for non-ASE prices right now? i want one but im not skipping a coin for a round

>tfw poorfag with a mere 13 oz

>>20569868
its iron sulfide, its associated with host minerals for gold, silver and copper. Pyrite on its own isnt worth much but it often carries good gold grades depending on the size of the cubes and a few other factors.

>>20569775
Man, you've been salty for over 24 hours at this point m8. Why are you here shitposting instead of making REAL buckaroos?

>>20569888
CHECKED AND MOONPILLED

>>20569870
Imagine all the free loaders you're going to have defiling your dig sites... Disgusting

>>20569844
surely, this time is different

>>20569888
dam it were only going up for a while arent we

>>20569667
god dammit i needed more time to stack

>>20569894
if youre a professional welfare queen for israel jmbullion has a pretty sweet deal on them at least this morning

>>20569667
Silver 4k when?

>>20569888
god dammit i didn't have enough time to stack .fuck the dps for taking so long to get my id

>>20569906
oh nice so if i find pirite i could find gold silver and copper?thats so cool

>>20569930
this

>>20569916
its already a constant problem now its only going to be worse!

>>20569921
That picture doesn't mean anything with regards to this discussion, jackass.

>>20569947
its where i get most of my recent free mill gold, but its area / geologically specific to special events. Not all pyrite is gold bearing, but all gold ore has pyrite with it.

>>20569955
what if you set traps?for animals and the such would you be liable if some one got in an acedent with it?

>>20569970
But it do tho

>>20569906
Chromite too?

>>20569843
I'm watching this now, it really took a quick turn from
>"Hey, wait a minute! Where does the Federal Reserve get its money?"
to
>"The Red Shields financed both sides of the American Civil War, wake up!"

>>20569911
I run an exchange collecting fat titty fees on pyrite reverse perpetual swaps and quarterly futures my fees are 0.69% per trade.

>>20569970
fucking jews mad ,

>>20569974
>Not all pyrite is gold bearing, but all gold ore has pyrite with it.
nice

>>20569974
Man I can't wait to pan. I live in shitty FL but plan to move out to WA. Last time I visited I didn't get a chance :^(

>>20569704
Precious metal fags confirmed for being mouth breathers.

Anons. I did 5 hours. Nothing weird really happened besides the awkwardness of having a KitKat up your ass.

However like 20 minutes after I pulled silver out my ass I had a black liquid stream like piss fart. Now I have some burning sensations.

OH NONONONO SILVERBROS WE GOT TOO COCKY ITS FUCKING DUMPING THIS IS THE RUG PULL AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>20570053
Whew. Hope so.
Need more time before things kick off.

>>20570033

>>20569902
I have 56oz and I feel poor. At least I got 5 batbois.

24 dollar waiting room. chinese are pumping this to 26 tonight.

>>20569667
OK, who managed to buy the very top?

>>20570076
This. I’m not here for the moon mission at all, just physical savings that keep up with inflation. Oh and shiny things.

>tfw 100 oz whale reporting in

who should i allow in my eventual city state?

>>20569872
i am coping
but i'm just asking
how much of this right now is FOMO?
how many are willing to sell if the price is right?

>>20570095
>buying at infinity
rather philosophical dont you think

>>20569970
I'm making your point, not FUD-ing PMs. You're talking about a collapse of fiat. A chart of historical reserve currency collapses of countries is appropriate for discussing the collapse of the USD and inevitable loss of reserve currency status. My comment was sarcastic and showed that a collapse of the US reserve currency is more than probable.

>>20570021
>>20570053
>>20570095

>>20570123
No sell!!

>>20569982
Elaborate how the strength of historical reserve currencies has to do with our current state.

>>20570133
I have become the dunce.

>>20570021
lol

>>20570150
see
>>20570145

>>20570081
Batbois are kino

>>20570078
A anon this morning said I would have to take dried poop pills if I stuck my 20oz KitKat silver bar up my ass. I accepted the challenge and am now kinda worried.

i'm going to bed now. i'll be dreaming of what the spot and futures price will be when i wake up. so comfy

>>20569678

>>20569979
all i can do is set up trap cameras and try to get license plates off cars. The cops can use that to ruin claim jumpers. If I caught someone physically digging on my ground there is a ton of different options i can use against them.
>>20569986
yes chromite and scheelite are known to be strong associates for gold mineralization.

>>20570123
If spot AND retail for gold silver and oil keep marching relentlessly higher, it really is time to panic. I’m hoping for another dip though, and I feel pretty confident there will be one. And a more leisurely climb later.

ANYTHING moving too fast indefinitely is usually bad for anyone. If the memes about US monetary policy are accurate, it’s still most likely (and best for most of us) if things don’t unravel overnight.

Oh shit back up 20 cents. Dip over, I hope you took advantage of it ;)

I didn't FOMO today

>>20570095
>>20570053
I bought.
Highly likely it's time for the reversal, as I just pumped a lot of money into SILJ after hours, and bought cybercoins for ASE prices.

>>>20569542
>All currencies break in this scenario, with the last highlanders being USD and Gold. Gold will then be fled towards as USD breaks, sucking up all of USD's liquidity and power.
based. thanks for finally breaking it down
I have no idea what the fuck to do to prepare for that scenario, guess I'll continue to hedge my bets and diversify.

>>20569762
what do you even disagree with?
you think the federal government isn't redistributing the wealth to the people on top, and that you can make enough gains to offset that fuckery?

>>20569921
I hate that these graphs try to demonstrate something objectively but don't give any real definitions of their metrics or axes. Same problem I have with Dalio's charts.

>>20570150
probably nothing, history definately never repeats itself

>>20569938
That's not a very nice thing to say about our corporate shock-troops.

>>20569844
Or the Fed just eases off QE as they did last recession. Their balance sheet doesn't matter, it's a donation paid for by US tax payers which they get back through higher stock prices.

>>20569930
>>20569947
there will a dip before it really moons don't worry

god please crash to 5 dollars when i am able to buy a shit ton,please im to young

Bros my stack is at $9800

I need to buy more. My crypto jew intuition says $38 eoy

>>20570170

>>20569744
fondle it in your mother's basement

>>20570115
My man. This is how we save. Not by putting currency in a God damned bank so they can fuck people over with more debt.

>>20570279
Kid even if it crashes to $5 you won’t be able to buy it because minimum orders And premiums will be insane. Buy now

>>20570033
Next time use a condom, anon. And try one of these.

>>20570279
>god please crash to 5 dollars

Yeah that’s almost certainly not going to happen. I’d settle for $15.

AHHHHHHHHHHHHHHHHHHHHHHHHH IT'S CRASHING HELP ME WHY DID I LISTEN TO YOU IDIOTS

HELP ME
HELP ME
HELP ME
HELP ME

>>20570053
Never mind silverbros, I think we are back I am no longer panicking

Dammit I had a Provident order in my cart since yesterday, just playing mind games to justify pulling the trigger, Asahi cyber rounds and gold Coronas. Now the Asahi rounds are sold out and it costs ~$300 more for the same weight I had in the cart just 20hrs ago. Lesson learned, I gotta stop being a pussy.

On the bright side I made $3k on my gold miner etfs since rebalancing my portfolio last week.

>tfw 10 year highs

this is going to 30 dollars by friday. shorts are getting squeezed. if you arent buying now you are an idiot

>>20570274
>>20570076

See

>>20562376
>>20562436

>>20570363
I have 17 years experience in capital markets. our guys are staying in late tonight because of this.

>>20570270
Last time QE was eased the yield increased by less than a single percent and the stock market plummeted. The longer QE goes on, the faster the yield will rise when it's eased, and the more damage is done.

We're locked in to this currency crisis.

>>20569823
When will you sell?

It's Papa Gold's turn now.

>>20570439
my penis can only get so hard, fuck

>>20570439
its fucking happening. the short squeeze of a century

>>20570333
Waaaaaaa, its only up 6% premarket

>>20570346
uh oh, looks like ya dun goofed kid

>>20570439
good god my pocket golds only going up.

Did I do good, /pmg/?

>>20570455
uhhhhhh so sell everything except my UVXY, paper metals, and miners?

Long Rough Rice futures?

>>20570467
well that's quite rude

>>20570417
Is this just a short squeeze or other factors?

>>20570279
You will NEVER buy a 100oz bar of silver for $500, EVER!

>>20569704
>>20570021
>>20570176
I have a few dozen of these bars. Am I going to make it?

wew

Anyone have the smallcap silver miner list pasta from that glorious anon? I have some midcaps but i want more
This is going so fucking fast

I should be happy right now but I feel really disappointed that I didn't stack more than I did.

>>20570503
>SLV
You were close

>>20570148
right i get that, but how many people are capable of buying a lot of silver just to avoid the instability of the market? and then leave once things go back to normal?
the only reason i'm unsure is i'm looking at the chart and can't figure out why silver keeps spiking randomly and then going back down
>>20570218
i imagine there be another dip but idk when. Silver could be rising to reach a new baseline price

>>20570503
I think we're both going to make it fren

>>20570439

>>20570523
WAGMI

>>20570494
There's something really visually pleasing about old silver coins and the way they smooth and darken with age.

>>20570559
>>20570503
I really really hope my gains can outpace my losses... but I’m in trouble if the Nasdaq takes down MSFT and ROKU tomorrow.

>>20570523
based. you look kinda like me

>>20570530
I got you, anon. I don't think I have the balls to hit any of these. They're already through the roof, and I'm just a Robinhood scrub. Robintrack shows all of these that ARE on Robinhood shows a massive spike in users holding today. Good luck.
Gave /biz/ a list of silver junior stocks exactly one month ago which are up, on average, by 100% since then; one stock is up sixfold. (See picture.)

This is your last chance to get in at the bottom. I am telling you this for your own good. I don't want the young people here to keep throwing their lives away on crypto exit scams. This is your one real chance to turn your life around.

How do you invest in precious metals? Very easily. Buy the GDXJ or SILJ ETFs--that is all you have to do. Besides that, my favourite list of small-cap miners is as follows; but bear in mind that you should never put more than 1-3% of your net-worth into a small-cap miner:

Adriatic Metals
Alexco Resource
Almaden Minerals
Argonaut Gold
American Creek Resources
Aurcana Corp
Azimut Exploration
Americas Gold & Silver Corp
Avino Silver & Gold Mines
Bayhorse Silver
Bear Creek Mining
Black Tusk Resources
Bluestone Resources
Bonterra Resources
Callinex Mines
Chesapeake Gold
Defiance Silver
Discovery Metals
Dolly Varden Silver
Endeavour Silver
Euro Sun Mining
Excellon Resources
Fireweed Zinc
Goldquest Mining
Great Panther Mining
Highland Gold Mining
Hochschild Mining
Hummingbird Resources
Irving Resources
Karoka Resources
Kootenay Silver
Lion One Metals
Mako Mining
Marathon Gold
Mirasol Resources
McEwen Mining
Musgrave Metals
Newrange Gold
Nicola Mining
Northern Dynasty Metals
Perseus Mining
Precipitate Gold
Resolute Mining
Sabina Silver & Gold Corp
Silver Lake Resources
Silver One
Spanish Mountain Gold
Tinka Resources
Troilus Gold
Vangold Mining
Viscount Mining
Wallbridge Mining

Of these, my favourites are Discovery Metals, Silver One, Callinex Mines, Euro Sun Mining, Newrange Gold, McEwen Mining, Bluestone Resources, Wallbridge Mining.

So do I buy now or wait for a dip?

>>20570467
Yup. At least I took advantage of the 7/4 deals (pic related). I just wanted more. Stacking is addictive.

>>20570590
there wont be a dip

>>20570552
Retail buying has very little to do with price, its all the big banks fighting for a piece of the pie for delivery in september right now

>>20570524
Wow its habbening!

>>20570530
>>20570589
I am definitely buying GDX, GDXJ, SIL, and SILJ, but I'm too spooked to hit these miners. NAK is one of the most extreme examples. To silveranon's credit, he stated as such.

>>20570586
Good luck anon. MSFT tomorrow is going to be 50/50 on their earnings, no idea if they can beat it now that we've seen NFLX and SNAP fail their earnings.

>>20570590
I just got myself 300ozt last week and will be freezing my stacking for the dip.

>>20570648
Thanks anon. But I don’t think those companies really reflect Microsoft’s quarter.

>>20570612
Agreed. Can’t buy when sold out and premiums are through the roof again.

This piece of msm fud aged REALLY poorly

https://www.ft.com/content/c768ef03-6695-45b4-b282-f73843f41543

>>20570549
Why not SLV?

>>20570606
ah, nice grab
yeah I've been stacking as much as i could since March. but i don't think I'm buying anymore for awhile now.
stacking funds kinda tapped out for a bit anyways

>>20570586
How’s ROKU doing nowadays? I bought it back in 2018 at like 35 a share and sold it for 150 a year and some later. I miss it a bit sometimes, like an old friend

>>20570645
Some input on NAK. They are hyped on their Pebble Mine. Google Pebble Mine and one of the top results about huge environmental concerns. On top of that, it is a “penny stock” available on RH that I’ve noticed that ClayTrader also posts about this stock. For these reasons, I suggest to turn away from NAK. There are better choices. If you need a RH stock, I recommend MUX

>>20570632
How will this affect supply from online retailers and physical stores, if at all?
Corona really did a number on the supply at the most inopportune time, huh?

>>20570686
Yeah I know, I'm just saying that those are 2 tech stocks that were considered to be great stay at home stocks that should have beat their earnings but didn't, I'm just less certain on tech because of that now but MSFT is solid.

>>20569938

>>20569667
A correction down to 21 or high 20 is likely tomorrow, yes?

>>20570645
I tryed to buy sil and silj a month ago but cant for some stupid europoor reasons
Brought fsm, paas and ag instead but i want smallcap exposure even more now
Im also in gdx and gdxj

>>20570589
Thanks

>>20570757
The "Correction" would be to $200

>>20570612
so buy now?

>>20570749
that price is actually pretty good compared to everything else right now

What is this pattern called ?

>>20570589
>>20570530

This is actually my list; to show that I have the credentials to back it up:

22/06/20 to 21/07/20, one-month return:

Bear Creek Mining: 41.32%
Bluestone Resources: 26.09%
McEwen Mining: 38.71%
Avino Silver & Gold: 43.5%
Excellon Resources: 43%
Impact Silver: 70.31%
Great Panther: 89%
Aurcana: 24.14%
Dolly Varden: 72.55%
Silver One: 56.25%
Viszla Resources: 490.91%
Argentum: -4%
Kootenay Silver: 41%
Silver Elephant: 70%
Greatland Gold: 14%
First Energy: -13%
Euro Sun Mining: 23%
Callinex Mines: 100%
Metallic Minerals: 13.95%

Mean increase: 65.3% in 1 month

(All these stocks will be going substantially higher today. Expect the full 1 month return soon.)

Dow Jones: 3.13%
Nasdaq: 6.09%
SILJ: 31.91%

Some people will recognize me from this thread, where I talked about yields, etc.: https://i.warosu.org/biz/thread/19669109

Have been trying to convince /biz/ to buy precious metals for many months. Hope that I caused as many people to listen to me as possible before it was too late.

>>20570727
They dont have any silver. Its essentially a naked short except you have no way to take delivery

>>20570632
oh, i didn't know that. imagine if the banks fail lol

>>20570757
Not likely by a long shot.

>>20570800
It's called "zoom out"

Shelton's nomination is also conspicuous in its timing, huh?

>>20570781
im personally being cautious right now. ill buy small amounts here and there until it becomes $30 or more. i personally see it dipping a bit before doing a slow climb to a new average spot price of around $40 (I BASE THIS ON NOTHING BTW)

>>20570747
It depends, if everyone demands delivery and force majeure isn't going to fly then supply will be bought out before it even gets to the mint and premuims get more fucked than they already along with absolutely skyrocketing prices

>>20570746
>MUX
Thanks a lot for the rundown on NAK and recommending MUX. Doesn't quite look like the bottom is as ready to totally fall out on this. 38% gain over the past month, but no massive spike in RH owners today.

>>20570808
I picked up Blackrock Gold right before the jump yesterday morning. 100+% on that one in a day. Nice list I have a few of the same.

>>20570840

As I explained here, >>20570401 see
>>20562376 >>20562436. You do not want to mess about here if you do not already have a substantial core position in precious metals.

>>20570811
We are closer to that now than you would believe

>>20570872

I am glad to hear that you did well. Blackrock Gold may go substantially higher, and I mean substantially. Hold onto it. That is good advice for all mining stocks; Don Durrett is right to say that the person who makes the most in a PM bull market is he who doesn't day-trade. Imagine selling out of FVL when it doubled, before it went 44x.

>>20570855
And things will be way worse for stackers than they were during the height of the pandemic fear.
Godspeed, anons. To those of you who feel you have finished your stacks, well done.

>>20570875
im still buying what i can but im not emptying my portfolios for it yet. if its like this for a week straight then i will consider taking that step.

Will muh SILJ and RING go up tomorrow metallic frens?

EU just passed a 2.1 Trillion Euro or something debt-proliferating, stimulus package. I believe this is the reason why silver is pumping. Wait until the US passed another one in late August, early September, LOL!
>You get a billion dollars!
>And YOU get a billion dollars!
>AAND you get a billion dollars!
>and YOU get a billion dollars!

>>20569744
Buy a capsule, 24k Gold coins are soft.

>120 oz silver
>1 oz gold
Will I make it bros?
I wasn't done accumulating ahhhhhhhh

>>20570925
I finished my stack today!

>>20570810
They literally do though? Their website says they hold 541,967,550.60 ounces of Silver

https://www.ishares.com/us/products/239855/ishares-silver-trust-fund

>>20570909
I’ll definitely hodl, anon.

>>20570875
I gave that a read, and maybe it's true, but us poorfags desperately need to hold out hope for one last chance at grabbing some silver before it becomes an unrealistic proposition.
Tell me lies, anon.

>>20569836
I think the answer is yes.
People are looking at PMs like it's simply a stonk and not something more

>>20570612
yeah there will
this week it begins

>>20570981
Oh wow I had no idea! All in on SLV!

>>20570969
I'm at 140 silver, 1/4 gold. Guess I'm pretty much holding for now. Was trying to get to 200, but at least I have what I have

>>20570976
Good man. Keep your wits about you, then, because we're not getting out of this decade without some major fucking happenings.

>gold and silver pump 3 days after schiff appears on jre

this is the schiffbump

>>20570757
no
PMs will be green all week

>>20570981
he doesn't know....

>>20570994

Buying the undervalued mining stocks is the best choice now. MUX. Wallbridge. Fireweed Zinc. Euro Sun Mining. That is the best advice which I can give right now. All four of those stocks are still ridiculously cheap, and it is far better to get into them now than try to purchase bullion a little cheaper.

>>20571032
Not even a little bit.

>>20571032
that interview was a disaster. I hope Joe never does a skype call again

>>20571032
He just posted 10 mins ago on Youtube

>>20570871
Look up Robert McEwen. He has a lot invested in this company. Plus it payed a small dividend. All I can say is look at the all time chart not just 5 year.

>>20570994
history shows that short term pumps like this have happened before. granted when they dip they are still higher than they were previously. i would expect the new average spot to be somewhere between $18-$25 realistically. the odds of a straight vertical climb and maintaining that high are almost non-existent without an outright societal clollapse.

>>20571057
Maybe I’ll sell some SILJ and RING for a bit of MUX.

I’m really heavy on MacDonald Mining Exploration. All that has to do is budge.

>>20571057
how the hell is a company with negative earnings undervalued?

>>20571057
>>20570871
Also, for a potential cheap entry tomorrow check out AUMN. They are diluting shares which is the reason for the -15% drop AH. However, I do not know much about the company itself, just that it might be at a good discount tomorrow. DYOR

ITS FUCKING DUMPING THIS IS THE RUG PULL WE'RE GOING BACK TO $11 YOU GUYS FUCKING LIED ITS ALL OVER AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Can you imagine being one of the 10 comex traders that actually manages to get physical delivery, you go down to the warehouse to sign off on the from and you just see multiple brinks trucks unloading nothing but cyber rounds?

That's all they're gonna be able to find at this rate lol

>>20571109

Don't be sure about that. James Turk, who has been right in all his calls so far, put a short-term call of $30 on silver recently, and Peter Spina says: "$25+ silver might be here in a flash. Never underestimate the power of herd power with internet connections."

https://twitter.com/goldseek?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

"Very bullish news about #PSLV filing for 75m oz of #silver, which is 8.8% of annual new mine production. No wonder the Sep contract is breaking into new high territory. I’m raising my short-term target from $22 to $30. More here:"

https://twitter.com/FGMR?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

>>20571109
>without an outright societal clollapse

Where ah... Where do you think you are?

>>20571057
I always put off figuring out how to invest, and now I feel like it must surely be too late. Have had tabs with "S&P 500" and "penny stocks" open for weeks now.
Besides, I have about fifty smackaroos to my name, so probably not even enough to get in on the cheapest possible game in town.

>>20569775
Honestly I would pay a few hundred bucks for that just to put it on a shelf because it's kino

>>20571186
Not in a place with FWTDHWAHQUD I'm guessing

>>20571147

See what Don Durrett has to say about MUX, who got Spanish Mountain Gold right just before it went up 4x.

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

"McEwen Mining has four operating mines in Canada, Nevada, Mexico, and Argentina. In 2019, they will produce about 175,000 oz of gold equivalent. Costs are high, with all-in costs around $1,350 per oz. These high costs are why their share price has not risen. The bad news is they are not likely to decrease costs substantially. So, expect all-in costs per oz to remain above $1,250.

For their FD market cap of $378 million, their resources are not that large. However, they do have considerable exploration potential on their properties. I don’t think their resources will restrict their growth. Black Fox and Grey Fox in Canada appear to be growing in size, with good grades.

Another red flag is high debt at around $50 million. Even with all of these red flags, I do not consider this to be a high-risk stock because they can raise money issuing stock or selling their Los Azules project. Unless gold prices drop below $1,300 and stays there for an extended period of time, this is a company I expect to be around for a long time. The CEO, Rob McEwen, owns 20% of the stock and is one of the best miners in the business. This is his company and I expect him to build it into a Major.

...

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."

>>20571179
im not saying that wont happen, but im saying come 6 months from now the price will normalize....unless the government is dissolved or ww3 begins.

>>20570958
tfw put my stimulus and unemployment shekels into silver before it pumped

>>20571109
All indicators are pointing to we are fuuucked, somethings going down. Checkmate

>>20570886
>We are closer to that now than you would believe
yeah, i believe it, i have no idea when it would happen though. probably soon
but i also don't know what's going to happen
the fed could invent a new trick

>>20571265
>Says the stackless.

>>20570523
kek

>>20571279
1000oz

>>20571269
Their next trick is a little thing I like to call hyperinflation

>>20571171
I hope they melt every single one of these nigger monstrosities to cover shorts

>>20571263
"normalization" is higher than todays prices. Obviously it wont do 12%/day for a year because it would be all the wealth in existence at that point

A $30 price floor would be realistic

>>20571263

Consider that, if silver really has been manipulated all this time, and Chris Marcus has surely proven that in his book "The Big Silver Short," (see also his channel Arcadia Economics on Youtube, and his many interviews there), then technical analysis means nothing. The new price is the real price, and that is an end on it.

I just can’t believe I’m going to have to explain to my grandchildren how I got rich by listening to strangers on 4chan because I stumbled in to a thread about YCC and bond yields and QE that I had no idea about.

>>20571301
This is cultural appropriation.

>>20571171
lmfao, lucky bastards. Cybers and Bat Bois, kek.

The Hunt Brothers did nothing wrong.

>>20571338
I wouldn't have it any other way

>>20571259
I’ve been trying to get sizable SPAZF for a couple days. I bid too low Thursday. I probaby should’ve grabbed it at .3 today at one point.

>>20571303
>>20571310
and that is a possibility to as i would see it, and i would still buy it. $30 is not an outrageous spot at this point. the question is "is silver going to continue in the $100 territory" and the answer is no... atleast not for any considerable amount of time (.. if it does go that high). im merely stating that it will eventually settle at a new spot (i personally believe $20-$25... i could be wrong idk)

>>20571338

I hope that this is actually true, and that everything which I said in that thread turns out to be correct. I promise that I have only tried my best.

>>20570494
PM I've wanted to ask you for a while what do you think of DRD Gold?
It's in SA but I have been in it since $6 and the divvies have been enormous. I think there is political risk in SA, but I don't think it's going to be bad enough in the next few months.

>>20571370
I will see you on the other side anon. You’ve done those willing to listen a Good service.

>>20569667
Why are my Gold and Silver bags so light? It's like they're floating! Is this normal???

>>20570580
THE TIME IS NOW BROTHERS

>>20571338
lel, yeah. I know very little about finance (more than most, though, not that it's a high bar), so any benefits I'll get from PMs will entirely based on memes and frens shit-talking each other while posting anime girls and trannies.
What a ride.

>>20571265
Banking crisis this month fiat collapse by end of year. See this https://youtu.be/XliHE6QgljY
Alasdair gives the low down on it. Force majeure on the comex incoming.

>>20571370
Which thread?
Oh god is it too late for me? I was only thinking about YCC for how to play bank earnings before deciding it won’t be worth any sort of risk. OH GOD IS IT OVER???

>>20569814
sheeeit...you got that close to spot in a few days.

>>20571431
>Is this normal???
It's because you only have 2oz fren...

>>20571381
there an interesting company how have been making money off rerunning mill tailings from some of the mega mines in Capetown and other areas. However South Africa isnt a great place to put money, especially in mining due to constant strikes. Ore theft has also gone bonkers down there. I would keep an eye on them and see if they sell any of the tech or expertise to western companies.

>>20571186
they will do anything and everything to maintain order until after the election

an extreme breakout is premature
the central banks have exerted too much power, they own the short term, they will be trying to trap you to take your liquidity to hold the dollar together

don't get hyper
now is the time to research foreign companies the US will need to import from
look to Japan

what silver stocks do i buy

>>20571367

Highly speculative and dangerous, but definitely worth getting into. I am never selling my position. It might become the next FGV. @mackvorkian on https://ceo.ca/spa?70b3de6cdcb5 bought it for nothing years ago, long before anybody else got in, because he knew the potential. He also bought Blackrock Gold for pennies and predicted that it would rise on 12 July. See his posting history for confirmation. He is extremely competent and intelligent. He says this about SPA 7 hours ago:

@mackvorkian "As I have mentioned, the NAV at $1840 Gold is over $1 BILLION DOLLARS. With a present M/C of $106 Million Dollars, and with Eric Sprott in heavy, SPA is a no brainer. Huge upside. For all you newbies, read my past posts."

>>20571457

https://i.warosu.org/biz/thread/19669109


>>20571409

Thank you.

>>20571490
These four.

>>20571490

SILJ if you don't know what you're doing. Best small-caps are Discovery Metals, Callinex Mines, Silver One, Dolly Varden; but never put more than 1-3% of your net-worth into a small-cap.

>>20571505
Oh good, not that LARPing /pol/ thread.
Thanks fren.

>>20570746
Army Corps of Engineers just finished their EIS of the mine and is looking promising to allow the mine to go through.
You should read about those "concerns" before simply shoving them off as a non-starter

>>20571480
Thx for the advice. Original take on them was they had the lowest p/e ratio to the highest divvies, and they had been around since like 1890 or something so they have weathered a few negro nationalization storms. But that doesn't mean they'll survive the next one.

>>20571505
Aw man I was hoping I found a new place that wouldn’t get infected by trannies and single-minded /pol/ retards.

>>20570746
>>20571594
Also to add, they're sitting on the largest gold and silver deposit discovered so far in NA.
Theres no way a resource like that will go untouched

>>20569888
IS SOMEONE KEEPING TRACK OF ALL THE GETS?

>>20571484
I really dig this line of thinking, what sort of sectors to focus on you think?

>>20571605
they also constantly have to locate new mine tailings to reprocess. If they run out than they will be hooped for a while. Interesting concept but has its own issues.

https://twitter.com/Northst18363337/status/1285630384575860738/photo/1

Look if you guys are buying now, just be ready for volatility.

>>20571669
Hm that's a good point. I will probably take some profits once it doubles again.

>>20570506
>well that's quite rude

honk honk

>>20571505
Excellent! I’ll park on the #spa channel.

Thanks anon!

>>20571683
>meme lines
ngmi

>>20571505
Based FEDanon. I remember being in that thread and heeding your wise words. This market needs to crash in order to save mankind

>>20571683
>meme lines

wow its literally nothing

>mfw about 20 cents from breaking even already and just started stacking in the last month and a half

>>20571594
Just addressing a big red flag. Wasn’t aware of that change. It is a personal choice to avoid them because of the environmental issues. I’m sure they will still see a nice return in this bull run.

>>20571647

>>20570800
Inverse head and shoulders?

>mfw I have no face

So glad I placed that order over the weekend, prices now are scary.

>>20571789
lel

>>20571655
automation and entertainment
researching smaller companies is promising, following along the supply chains of the big jap corps

dubs and silver leaves $23 in its dust

>mfw places like Sandon, Stewart, the Coeur d'Alene and old Comstock Lodes are going to be household names with these silver prices.

dealers still want to have insane premiums.

baka.

Ayyyyy

>>20570800
3 bar-descending shooting star into a quarter-pipe 720 Indy-Nosebleed no scope

>>20571699
>>20571712
>>20571752
nice spacing faggot

>>20571823
Basado

where is that stacking fren who covered his dick with a 100oz bar of silver?

>>20571820
Silvergoldbull 10oz spot price bar went through for me a couple hours ago. Website said it was sold out, but when I followed the link from findbulliondeals or whatever the link in the OP is it let me place the order without issue.

>>20571819
What price would make these mines resume production?

>>20571854
do you know who you r face reminds me with?

>>20571484
> US will need to import from
>look to Japan
Expand on this?
What will we need to import from Japan?
And why would that be an appealing trade partner If the USD is devaluing, since JPY is a safe-haven currency that might make them terrible to buy from.

>>20571879
Who?

>>20571901
im sorry but the face you made in>>20571854
remided me of this dude

https://www.youtube.com/watch?v=NNbpw-e_57g

>1 Oz Gold
>200 Oz Silber

Do I FOMO into a 100 Corona to get up to ~2 Gold? I FOMO'd into silver at 20.50 yesterday and it worked out (so far).

>>20571933
Hahahahahaha well I can think of worse people to be compared to, but yeah that's pretty close.

>>20571878
ahh hard to say, because there mostly primary silver / lead / zinc with some gold and copper thrown in. I am guessing anywhere between $25-40 an ounce silver. The mines in Sandon could make money at $25 an ounce silver, and they have hundreds of thousands of tonnes sitting in the mines waiting for it to go up.

>>20571972
do you even look like him irl?becasue the silver distorts it right?

>>20571950
Listen to your heart, anon.

>>20571972
also i meant no ill will fren.i just thought it for a laugh

>>20571655
Industrial robotics

>>20571989
Yah, but my hair and beard are redder than his
>>20572003
You good man I'm not offended I think it's funny. I made it for shitposting with anyway lmao

>>20571728
>>20571752

Unbelieveable that people who fall for the meme lines meme. Flags have made me so much money these 3 months, and I just keep moving liquiditity from 1 flag setup to another.

Can someone bullion pill me? I'm happy buying IAU and SLV. I intend to ride up the momentum and diversify as it goes up. There's a 8-12% round trip on premium over spot and selling under spot, plus a nonzero chance I'd lose it.

>>20571683

Northstar seems to like David Brady a lot. I have seen him retweet Brady. Leading his followers off a cliff in the same manner, by applying technical analysis to an unprecedented situation. Another outsider who (as Peter Spina would say) does not understand the precious metals market. See >>20562376 and >>20570401 at >>20562436.

>>20571973

>>20571973
How long would it take to ramp production back up at the mines?

I will no crash the silver market by buying the top. You are welcome, stackers.

>>20572022
I can't wait to get my japanocorps dividends in asahi rounds chummer

>>20570981
>>20571013
>>20571054

https://www.ishares.com/us/products/239855/ishares-silver-trust-fund

From the first page:

>The Trust issues Shares only in Baskets of 50,000 or integral multiples thereof. Baskets may be redeemed by the Trust in exchange for the amount ofsilver corresponding to their redemption value. Individual Shares are not redeemed by the Trust, but are listed and trade on NYSE Arca under the tickersymbol SLV. The Trust seeks to reflect generally the performance of the price of silver. The Trust seeks to reflect such performance before payment ofthe Trust’s expenses and liabilities. The material terms of the Trust are discussed in greater detail under the section “Description of the Shares and theTrust Agreement.” The Trust is not a registered investment company under the Investment Company Act and is not required to register under such act.The Trust is not a commodity pool for purposes of the CEA, and its sponsor is not subject to regulation by the U.S. Commodity Futures TradingCommission (the “CFTC”) as a commodity pool operator or a commodity trading advisor with respect to the Trust.


i.e. CANT CASH OUT

>>20572066

Do not buy SLV. Banker-controlled scam. Either buy the Sprott Physical Bullion Trust for bullion, or, for greater upside potential, get the miners: GDX/GDXJ, SIL/SILJ.

>>20571895
that's why it's desireable to be invested in products the US companies have no choice but to buy

>>20572183
A lot of these areas have been basically abandoned for decades, but so long as the major underground workings are intact it wouldnt be hard to get going in maybe 5 years? With all the modern regulations on mining and financing these projects things take a lot longer than they did half a century ago. Places like the Comstock lode in Virginia City would be a lot harder, thats deep dangerous ground, but silver values in the 70 ounce per tonne range would drive investment back in for sure.

>>20571815
rawlllin

>>20572102

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” - Peter Lynch

I agree that a correction is in no way guaranteed and that a correction could be further down the road correcting to today's prices only, I'm just preparing myself practically with available leverage and psychologically for one. Just looking at Mr. Rule's favorite chart http://www.goldchartsrus.com/chartstemp/free/fchart-BGMI.php we can see the insane volatility of bull markets. But there's a lot of emotional anons who cheer the prices on like a horse race not knowing the fundamentals or volatility, and these are the weak hands who get shaken out as they're unprepared psychologically, and have no conviction

Shit I just can't believe people don't use or believe in TA. It's just going to up your percentage, and throughout a bullmarket will maximise your gains. You don't even have to be an expert, just learn a few indicators and a few highly probable setups. It'll tell you when's likely a good time to sell, and when's likely a good time to buy. Saves a lot of dead money time too.

NEW SCHIFF

https://www.youtube.com/watch?v=qQfh7ef95-8

>>20571815
Roll

>>20572347

Thank you for the interesting quotation. You know (I am sure) the Jesse Livermore quotation as well. Dominic Frisby did an excellent video about that lately. https://www.youtube.com/watch?v=M_BD0ehlMLE

Don Durrett says that, in a PM bull market, we should never sell a mining position. He says that, if you want to get the greatest returns, you simply buy and hold.

Rick Rule said, in an interview about a week ago, that a 15-25% pullback in the miners was not unlikely to come soon. But no such pullback occurred. Instead, everything soared. So these really are unprecedented times where even the greatest experts are getting it wrong time and time again. I'm always careful to tell people in these threads to keep only 33-66% of their money in PMs; at least 33% of their money should be held as currency, just in case a pullback does occur. But, as Peter Spina says, gold-investors are so downtrodden and psychologically tortured by the bankers' games that it is very easy to shake them out of their positions. People like Northstar and David Brady have, I am sure, caused people to sell an enormous number of mining positions far too early, and to lose vast quantities of money. They are far too cocksure in their attitudes, and don't qualify their statements, or admit that they might be wrong, nearly to the degree they should. The PM market, as Spina says, is unique. If we really are getting a breakdown in the COMEX and an end to the silver manipulation, then anything might happen now. Fundamentals are more important than TA here.

>>20571065
Schiff actually did acknowledge how boomer-tier he was on the tech side. I can respect that. He said they talked afterwards and will try to make the next appearance less of a tech mess.

>>20571823
Hooooo

1-9 silver goes super saiyan 1
0 silver gets a pretty hefty dip
dubs silver goes super saiyan 2
trips super saiyan 3
quads super saiyan 4
quints ultra instinct silver with all the gym badges and sonic rings

>>20572555
what have I done

>>20572555
Checked

What the fuck did you just do anon

>>20572555
blessed and based trips

>>20572555
It's habbening!!!!!!1

>>20572555
checked
what have you done?

>>20572555
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOoo

>>20572555
Trip fives are a very good omen. Reminder that FIVE trillion dollars of derivatives have been used for a decade to suppress the price of silver. We are going to make it and destroy the banking system all in one go.

>>20572555
fucking faggot i haven't finished stacking

>>20572555
Checked and documented. Has silver ever been super saiyan 3 before?

>>20571895
Electronics. Japan manufactured huge amounts of consumer electronics in the 90s and they were good quality too. Reports are that they are starting these industries up again for markets looking to trade less with China.

>>20572651
I guess it was super Saiyan in 1980 at 50 dollars which is equivalent to 500 USD in today's money. Trip fives is a very good sign

>>20572555
$555 confirmed

>>20572555
>>20572555
NOOO YOU FUCKER I WASNT DONE YET

>>20572555
TO THE STARS

>>20571013
>>20571054
>>20572275

Yeah I understand that, but I have no intention on cashing out on physical silver through an ETF. That defeats the purpose, which in this case is using capital in a brokerage account to benefit from the rise in silver prices. Regarding physical silver, I prefer to buy bullion directly, and already hold some. Especially when, as has been noted in previous threads, even the funds that are contractually obligated to deliver physical silver on request can, indeed, break said contract in extreme circumstances.

>>20572555
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>20570727
>>20572066


https://www.ishares.com/us/products/239855/ishares-silver-trust-fund

From the first page:

>The Trust issues Shares only in Baskets of 50,000 or integral multiples thereof. Baskets may be redeemed by the Trust in exchange for the amount ofsilver corresponding to their redemption value. Individual Shares are not redeemed by the Trust, but are listed and trade on NYSE Arca under the tickersymbol SLV. The Trust seeks to reflect generally the performance of the price of silver. The Trust seeks to reflect such performance before payment ofthe Trust’s expenses and liabilities. The material terms of the Trust are discussed in greater detail under the section “Description of the Shares and theTrust Agreement.” The Trust is not a registered investment company under the Investment Company Act and is not required to register under such act.The Trust is not a commodity pool for purposes of the CEA, and its sponsor is not subject to regulation by the U.S. Commodity Futures TradingCommission (the “CFTC”) as a commodity pool operator or a commodity trading advisor with respect to the Trust.


i.e. CANT CASH OUT

>>20572575
Only what you needed to do, my amphibian friend. And you did it to perfection.

>>20572555
time to send fractional reserve banking to the shadow realm

>>20572733

If you are going to buy an ETF for bullion, I beg you again to buy Sprott's one. Don't get SLV. Anybody in PM circles will tell you that it is a scam. It might collapse at any time by this point. The whole reason why silver is soaring right now is because Sprott has stuck the knife into the ponzi-scheme. It would take me an age to explain all the evidence to you. Look into Arcadia Economics on Youtube, and Chris Marcus's book "The Big Silver Short."

>>20572460
Be right and sit tight is absolutely key, it's good to have that reminder. In my positions, I've got roughly 85% of my assets just hodling, whereas the last 10-15% I do move around when I see great opportunities, like lately when I moved that 15% into the silver space.

It really is possible that we have no breakdowns until we reach a higher phase, as if you think about it, we've just been through a brutal bear market and generally speaking most of the hands holding are true gold and silver believers, those who understand the fundamentals and macro behind the value of PMs in our current environment. Those in the know would never exit their positions greatly until we 3-10x from this point. Any pullbacks are being bought currently. It may not be until generalist speculators pile in that we'll see true volatility. I won't even think about selling till gold hits 7000$ in TODAY's nominal value.

>>20571763
> "environmental issues"

Sure Schlomo. Is it going to be a fake endangered species (like Golden Queen in Mojave) or are they going to hire an Indian tribe to sue.

>>20572555
i don't like that
take it back

>>20572758
Sounds like you can cash out if you have 50k shares, and institutions that can afford to would be willing to buy up other investors shares to cash out the silver if that was financially wise at the time.

>>20572809

Thank you for sharing your thoughts. I agree with what you say.

What are treasury notes?

>>20572784
The major benefit of SLV is the ability to purchase call options on it. I'm making a killing on January calls at the moment. I certainly don't plan to hold it for a decade. That's what my bullion stack is for.

>>20572869

You can do call options on something like First Majestic instead. Acts as a useful proxy for silver.

>>20572866
Bills issued by the treasury as opposed to the FED

>>20572555
my man

whose got the next thread?

>>20572906
Well now I feel dum
Whats the practical difference?

>>20572915

>>20572276
>Sprott Physical Bullion Trust
Interesting, the sprott ETFs were what schwab let you trade without transaction fees, back before they all became fee-less. Are you saying slv is based on futures contracts and not physical?

>>20572286
Like what? Saying I need to buy back into Lockheed?

>>20572869
Also this, most liquid silver options.

>>20572863
Always a pleasure getting your opinion, I recognise you from the other PMGs.

>>20572906
yeah I was wondering what the difference is practically?

someone mentioned last thread the rumour of PM"s being traded tax free for it... but why? isnt it just fiat?

>>20572932
>Are you saying slv is based on futures contracts and not physical?

>>20572347
I wish smg still had good posts like this...

>>20572555
PUT ME IN THE SCREENCAP

>>20572958
Yes James I know you make the big bucks, but I thought you had massive silver reserves?

>>20572383
LOL when schiff shills for ray con earbuds halfway through the show.

>>20570423
When the ratio's make sense. I'm watching the S&P, housing, gold ratio's to silver.

>>20572926
ok give me a minute

>>20572916
>>20572955
It being issued by our actual government as opposed to a bunch of jew bankers trying to line their pockets in a planet wide heist

>>20573042
>assuming our gov isn’t full of Jews

>>20573017
What should I look for in terms of gold to silver ratio?

Hmm gold flagging? another big move could be coming. If Silver told us anything, it's going to be to the upside.

>>20573134
>>20573134
>>20573134
NEW THREAD GO GO GO

>>20573075
110 and never again next year

>>20573079
My silver was bought at 100:1 ratio.

Most people think it will only go back down to 40:1. Even if you just trade it back into gold, you made 2x profit on the ratio alone, not to mention price.
Personally I'm waiting for it to over correct below 15:1, if it gets below 10:1 I'm trading my whole stack. If it gets that low, you're making 10x your money.

So 2,000oz silver, instead of 20oz's of gold in todays ratio price.
Trade the whole stack at 10:1 and you have 200oz's of gold.

>>20572555
Checked $100+ silver here we come

New to this, want to get 10 oz of silver. Should...I?

>>20573395
yes nigger,fuck the kikes