/biz/ - Business & Finance

>>20688568
It's probably a combination of insider shenanigans and the state just started new lockdowns. Also, protip, one of the senators is probably going to get ousted in favor of someone who opposes the pebble project. I got a phone call a couple months back from someone who sounded suspiciously professional doing a political survey about that seat. Also, I can almost guarantee that Murkowski isn't getting voted out any time soon. Do with that info what you will.

Actual Previous >>20679790

FWTHWATQUAD Status: Knitting Masks

What the fuck kinda baking this? Who are these fucking faggots?

>>20689004
what's their name again? what's their name again?

Imagine making a pmg without an imagine of shiny rock porn

Is it basically needless to worry about the condition of coins? When they’re absolutely new, they will be essentially flawless or close to it. After a few years they will get a little fucked up due to air exposure and you touching them or bumping them, but they will also be gaining a slight numismatic premium. After a few decades, they will start to change color completely, but as long as all features on the coin are still distinct they could as Very Fine even if discolored and a little scratched.

tl;dr seems like you don’t need to worry about your coins unless you are deliberately abusing the shit out of them

>>20689059
Here you go.

>>20689071
they count* as

>>20689004
You better step the fuck off mother fucker. I am the Hungarian prime minister and I'll have you raped and killed

Post PAMP’s

>>20689112
That chinky bar is pretty kino

>>20689123
Thanks, I won it gambling desu
No way in hell I’d pay full price for PAMP, as much as I’m in love with them

>>20689105
>You better step the fuck off mother fucker. I am the Hungarian prime minister and I'll have you raped and killed

The state looks down on sodomy...

Fucking waited too long and now silvergoldbull is out of their spot prize 10 oz bars. Damn it.

>>20689271
40,000 years

>>20689105
what do you even do with those boomer rocks? Boring. the world is moving towards cyber punk lockdown dystopia, those metals will do you no good compared to almighty Bitcoin

>>20689279
It's ok. I did the math and my average purchase price on my stack is about $22.40. I'm officially in the green and I only started 2 months ago. If I didn't spent so much money on bats, it would be closer to $21 average.

>>20689271
https://silvergoldbull.com/10-oz-silver-gold-bull-silver-bar
try the direct link, I know the website says it's sold out but it let me place an order a few days ago and it went through

>>20689299
Cyberpunk dystopia you say?

>>20689316
nvm, it was showing as able to add to cart when I clicked on it from the findbullionprices link

>>20689299
Guess how many of your precious ASICS and GPUS could be made without either one of these literally magic materials?

NONE

I wouldn't expect a degenerate gambling, kiddie porn addicted, darknet meth buyer to understand though.

>>20689316
I just ordered one last night about 23 hours ago.

>>20689299
No way is the government going to totally outlaw PM ownership at least without significant compensation. The overwhelming majority of PMs are owned by central and commercial banks, so even if the monetary system collapses, there simply isn’t an incentive for them to go to the hassle of going door to door to confiscate PMs or even ban their sale. The price is going up obviously but that’s mostly whales taking us few for a ride up, not Joe average cashing in his fiat. 90% of even /pmg/ has just a few hundred oz of silver and single oz of gold at most. A few like Floor Stacker have ~300oz of silver and ~20 oz of silver, but think about how few people that probably is.

Best case scenario we are left alone, worst case we aren’t but get a moderately fat payoff.

Quite pleased with my antique store acquisition today bros... $10 a coin from some nice old lady. Heh.

>>20689480
Are those trade dollars?

>>20689299
what are you going to do with your digital money into day 6 of a wide scale power outage? You learn pretty quickly how useless even a credit card is when your phone and powers been out for days, especially in winter.

>>20689299
silver is an industrial metal for one so there will always be demand and two the current market is highly manipulated.
The manipulation can't continue forever and when it ends what silver I do hold should be worth more than I payed for it.
and if nothing happens and my silver ends up worthless well at least I have some cool coins to play with.

>>20689313
That’s what you get for unironically liking ATB shit

>>20689503
They appear to be legit ones, yep. I’m not very well versed in the coin world though. Seeing values all over the place online, a bit confused on that. Oh well, still exciting

>>20689566
Wow, who pissed in your cheerios this morning?

Yes.

>>20689299
Checked
Shit b8

>>20689589
I’m having a lovely day with my much better looking coins and bars, thank you

>>20689573
Lately I’m getting more carefree about the risk of fakes. The bulk of my stack is coming directly from the major mints and dealers, so if a few pieces from eBay I get are fake it’s really no big deal in my book. Even there a lot of the big sellers are trustworthy.

so ive got $6k in a mutual fund that ive saved up. should i continue with it or should i just dump it into silver or gold bullion? ive been looking at getting some 1oz gold coins but not sure if i should opt for silver... or just sit on what i got. (im still buying silver on the side btw)

>>20689535
Panman, did you see my post about pebble? I live in alaska and I think I know at least a little of what's going on with the project.

why are some morgans thicker than others?
also on the ASE when it says one ounce is it a troy ounce or a AVDP ounce?

>>20689680
yes I saw it. That makes sense actually if Alaska is going into new lockdowns, that makes mega projects like Pebble harder to run and probably lowers stocks in general to do with the state. Also interesting insight into the senator.

>>20689737
They weigh 31.103 g which is exactly one troy ounce.

>>20689746
>>20689680
God damn it so I’m fucked.
Bought calls. Should’ve known better.

>>20689773
thank you anon

>>20689599
Checked and based

>>20689746
https://www.alaskapublic.org/2020/07/24/with-permit-for-controversial-mine-nearly-in-hand-pebble-ceo-says-hes-sure-opposition-will-soften/

This is what the pebble CEO is saying, which makes me wonder who's telling the truth when looked at in conjunction with the stock dip.

>>20688964
Motley Fool had a small article on it. I like their take on it. Essentially people were buying into the hype and then regardless of the news, were going to sell anyways to be on the safe side. "Buy the hype sell the news" I believe the said.
Overall the report was fine but NAK is still a ways out from production. I'm staying optimistic about it simply for the sheer size of the deposits. A resource like that will not go untapped

i've got 3 unopened mint sealed packaging 2019-s ERP ASE's from the shitshow last year.

i want to get pcgs to grade them, but i'm sketched out that if (god willing) one of them is mint director signed coa, pcgs will fuck me and swap it out for a non-signed coa.

does anyone have any experience with pcgs grading? i see there's an option to have them graded at coin shows (when they happen again)...do you get to witness them grading your coins at shows? am i being too paranoid?

thanks frens

>>20689299
Yeah but, bitcoin is completely reliant on boomer rocks...

>>20689299
>Muh cyberpunk future
>Dude bionic limbs and shit
>those totally wont use gold and silver in the wiring/computer chips/mother boards
Gold and Silver will always be king, even in your gay cyberpunk world

>>20689632
That’s true. I also doubt that in-person fake checks will be incredibly in-depth when society collapses and these 3 coins are bartered for a few hundred acres and livestock

>>20689004
Fucking kids these days...

>>20689978
Well desu for purchases that large, people probably would want your coin to be assessed before parting with their valuable assets. Same way people in the 1970s and 1980s checked large denomination banknotes before accepting them as payment.

>>20688947
this might be even gayer then the anime OPs
PMG has fallen far indeed

>>20690021
I looked it up and I still don’t understand this shit

https://genius.com/Blink-182-whats-my-age-again-lyrics

>>20689978
Why are doomers so retarded?

>>20690048
the emo kids in my high school liked blink 182, i think they had a couple decent songs. but mostly whiny trash

>>20690096
did any of them listen to hawthrone heights?

>>20690048
>>20690096
>>20690021
>>20689004
It's a reference to the price of silver, you obtuse morons.
The state of stackers.

>>20689599
The ugliest coins in existance

>>20690120
the name sounds familiar but i'm not sure

also some silver i got today 10 1oz kangaroos

>>20690048
The spot price is currently 23 dollars you absolute idiot, you complete moron

>>20690069
Less “doomer” and more “zoomer”.

Because kids don’t remember the world before the 2000s, they don’t know how people used to validate payments in physical currency, whether paper fiat or before that, PMs.

Pic related: Asians liked European silver coins when first introduced, but were wary of fakes. So local bullion and coin traders would assess and put “chop marks” on them to confirm to anyone receiving them as payment that they had been examined. Fun fact: the terms yen, won, and yuan that refer to the Asian currencies today literally mean “round”, because circular coins were a foreign novelty to them in the 18th and 19th centuries.

>>20690154
Fair enough.

As much as I love PMs, why do we put Peter Schiff on a pedestal? He's a shill for precious metals because he owns a precious metal company, I mean he says a lot of true shit but I take everything he says with a grain of salt.

Just ordered my first bit of pm (silver) just a bit ago. Only 150 bucks worth.

>SilverTowne Buffalo presale 1 oz round
>2020 American Silver Eagle presale
>2020 British Silver Britannia

Did I do alright for a newfag? Saw the batboys everyone was going on about in March are already worth 175 a piece. So it's just like MTG cards where the base metal itself always has it's spot value/price, and some of the more uncommon/rare mints you meed to get as soon as they're for sale?

>>20690160
>the name sounds familiar but i'm not sure
https://www.youtube.com/watch?v=hUO-sRLotOI

>>20690184
>because circular coins were a foreign novelty to them in the 18th and 19th centuries
what shape were their coins before?

>>20690157
Not even close. The government of Niue has a lot to answer for.

>>20690157
You've never seen a gold buffalo IRL I'm guessing

>>20690234
anon i watched that for 45 seconds. i want that time back...

>>20689004
It’s not a great situation fren

>>20690233
In my opinion the premium on the silver eagles is just too much to justify. The asahi rounds are/were a good deal if you can get them.
So yeah maybe get one eagle but I would look for other rounds/coins if you want to buy more.

>>20690234
Various random lumpy shapes, squares, boats. Sometimes intricate objects, if used for flexing/decoration. Standardization was not well-established and pieces were often weighed carefully by those accepting payment, and even though paper money was known, it wasn’t trusted and with good reason.

>>20690286
i aree about the ASE's but that premium isn't going away any time soon, so its pretty safe to keep buying and the high demand makes up for the dollar or 2 a ounce you might lose from premiums

>>20690277
>t. has bad taste in muaic

>>20690233
STACK FOR WEIGHT. Any coin or bar that is reasonably trustworthy and cheap is objectively a better buy as an investment than one that is more expensive.

Absolutely give in to your emotional desire for specific items you like, but buy these only infrequently and in small amounts. This way you get the best of both worlds, you get the nicest stuff to treasure AND a pile of cheap PMs. The trick here is not to kid yourself that collecting is the same as PM investing. It’s not (obviously numismatics can be a different kind of investment, but that’s a ballgame of its own, and if you go that route you want to look at age, rarity, condition and so on and not buying mass market new stuff that still has a high premium).

>>20690415
10oz bars for mimizonf premium, 1oz rounds for funsies, fractional... I don’t have any yet but I’m strongly interested in 3/4 Canadian and 1/2 Australians, both paying tribute to times when they were lucky to be on the same side as the US.

>>20690286
Some people buy Eagles for the societal collapse meme because they want their neighbor to accept them for barter or some shit and want the boomer coin that they hope everyone’s seen on TV. Thing is even in that eventuality, junk is probably a better bet and more affordable besides.

Nothing against Eagles actually, it’s a lovely design and I bought one just last week just to have. They’re just too expensive to buy in bulk, give me a good Philly or Krug instead (Maples are cheaper too and have ace security features).

>>20689932
>do you get to witness them grading your coins at shows?
You could always just pull the big shot card and tell them that you will only allow the coins to be evaluated in your presense. They might oblige.

>>20690286
I'll have to look around for those. I only got two of the American Eagles, so they'll just be something I'm holding onto. As far as storage, I'm just going to keep what I stack in my gun safe for now, probably don't need to get a separate safe for jr quite yet.
>>20690415
Definitely this. I just went for the cheapest available, and two of those were presale items. Once I get more versed in the collectable aspect of it all I'll be stacking a few pieces here and there, but no massive amounts. And even then I'd buy it just as a speculative purchase and maybe sell it down the line to stack more for a base stack

>>20690468
you seem stuck in the pas so i'll say this, ASEs used to go for 3 dollars a ounce over spot. junk silver generic rounds you could find for spot.
right now generic rounds are 25.50 and ASE's are 29.50, thats only a dollar more then usual. the premium on ASE's really isn't that high

I asked this last thread and some kind person responded but I'm hoping to go more indepth on the matter.
If I buy coins in the UK, that are non britanias, (because theyre sliightly cheaper)
How hard would I get fucked by capital gains tax when I eventually sell them on? I know brtianias don't have it because theyre also a legal tender but I'm wondering if it would be worht getting a few none britanias too just to save a couple of £.
And is it more difficult to sell non britianias to dealers? like say on the off chance I get of something like some asahi rounds, would they be tricker to sell off to some vendors since they're not from the uk mnit?
bascially I'm new to all this and I'm here asking questions every other thread so please bare with me

>>20690552
I have my limits. I will never stack those ugly owl coins with the comic sans on them, and would never buy those messed up fractional gold krugs where poor van Riebeeck looks like his eyes are going to pop out of his head.

But that stretches into argumentum ad absurdum, bottom like is stacking for weight plain is fine as long as it’s the real thing.

>>20690286
Just checked JM Bullion and they're out of stock on Asahi. I put an alert for when they're back in stock, or rather if they go back in stock.

>>20690589
Well that’s actually good to hear then, go nuts. I just think it’s not a good idea to be autistically focused on buying a particular coin or bar all the time unless it’s for a good reason like it being the cheapest.

If there are deals on Eagles then go for it. Like I said, lovely coin. I was only picking on the Eagle a bit simply because it’s a good example of a coin that a lot of stackers get autistic about solely stacking it.

>>20690502
i guess you're right...i dont know until i ask
but pcgs is an enigma, so i'm guessing they'll just tell me to pound sand

>>20690647
Yeah I ended up buying 20 of the asahi and 20 krugerrand (which had the best price at the time) and the last 20 being a collection of maple leaves, aussie coins, and a few britania.
I want to buy more but when I saw my bank account and how much I spent i have to accept I will be a stacklette for a little while longer.

>>20690693
It should be easy enough to figure out if your shit is real to your own satisfaction at least by a combination of ping test and a sensitive scales.

>>20688947
SAY IT AIN'T SO

https://www.strawpoll.me/20665543/r

>>20690229
Because Mike Maloney is kinda retarded and Peter Schiff understands economics better than just saying "historical cycles". I don't think he actually outright owns any precious metals companies besides his bank anymore though

>>20689480
Those are a commonly faked coin, I'd run a few tests on them if I were you.

>>20690697
I literally just started today by placing my first order (150 bucks). I'm about as much of a stacklet as it gets! Pic related, we're all in it together

>>20690180
"Step away from that ledge my friend"
Ok, I totally get it now

>>20689480
those are definitely fake fren

>>20689679
I just dumped $6k worth of bonds into silver.

Not a soul in here can name a better band than blink 182.

Lads, a friend of mine has 20k AUD to invest. I asked /pmg/ if it were a good idea to dump it into silver. /pmg/ chads said buy some silver and some gold.

Ive now told him 10k in silver and 5k in gold. He can afford to lose 20k but i told him worst case scenario he will lose maybe a grand in a year but in 5 years he will be ahead of inflation/devalued currency.

Have i given him the right advice?

>>20690975
>B.O.C
>hawthrone heights(first alnum(the silence in black and white))
>burzum
>smashing pumpkins
>anal cunt

>>20691018
Its a physical asset he will never "lose" money unless he sells it for a loss.
Long term he will be fine. Put it in a safe maybe make a little fort with anime girl and relax

>>20688947
op you dumb faggot.
i told you stupid fuckers to stop with all the gay honmo faggots talk in the last thread
and now you go and do this faggot shit

some of the other anons were right /pmg/ trash today. because of retarded faggots like you
you think this shit is funny?

stop with the degenerate faggot shit you stupid fuck

>>20691018
we're entering a recession, there's no way to lose with silver and gold, tell him to stack with all of his money save his month emergency fund

Post fractional silver bros.

>>20690729
YOUR LOOOOVE IS A HEARTBREAKEEEERRRR

>>20690975
Literally every boomer tier classic rock band, every Dave Grohl project, and the most pleb tier indie shit. A lot of prog rock as well. Fuckin Fela Kuti is more interesting and talented.

>>20689339
based

>>20690975
This kills the blink stan
https://youtu.be/4cbSPNZryzo

>>20690048
>>20690096
>zoomers in a thread about boomer rocker being baffled by millenial memes

Potters

>>20691128
its your drug is a heart breaker

hello, faggot retards?
call me when you decide to have a non faggot thread you stupid sick weirdo faggot fuckers

Frens, I want to buy some ITM calls on an established silver miner. First Majestic seems like the best choice between having an actual options chain and price.

>>20691018
Understanding that silver is more volatile and taking a longer-term view, your fen should be ok. Personally, I’d allocate more to Au and less to Ag. Maybe 70/30 in % AUD terms.

>>20689477
>90% of even /pmg/ has just a few hundred oz of silver and single oz of gold at most.
feels good to be a 10%er with 2000 oz.

>>20691258
Compared to the rest of the country more like 1%
I mean once you get past the big banks and companies and get into personal ownership nearly everyone owns nothing.
if/when fiat does take a shit things are going to get real interesting for those few people who have some physical assets

>talked to my dad today
>turns out my grandmother held 350 oz of gold back in the day
>gifted it to her eldest son who was a degen gambler/bad investor
>lost it all

this thread sucks because of the OP image

>>20691258
1 ounce is more than 82% of the American population

>>20691304
feels bad man

>>20691304
kek that's hilariously terrible Anon. How much fucking money is that by this month's gold price? Well over half a million dollars.

JUST your whole life m8

>>20691028
>>20691128
Wow smashing pumpkins and Dave grohl? You guys aren't even trying.

>>20691323
Suck it up.

>>20691342
it comes out to 684,720 dollars

>>20691352
faggot

>>20691324
I'm not even mad tbqh lads that side of my family lives half way across the world

>>20691342
Yep. I didn't know my grandmother well, she lived half way across the world, I only met her 3 times in my life before she passed away 9 years ago. Apparently she was quite a shrewd woman, most of her savings was in gold with very little fiat.

Finally got my safe setup. ~300oz with 60 more on the way, thousands of rounds, food and water purification.

>>20691223
Ok, see ya!

Coming soon.

>>20691352
>logging into his 4chan anonymous account just to post nonsense and hope people get upset.

>>20691407
imagine saving and living frugaly all your life,and buying gold to pass your wealth to your family,then your dumb ass son spends it all on his gambling addiction

>>20688947
I feel like mining stocks are going to crash hard. I see normies all over the place talking about them now.

>>20691437
How the fuck do you even hedge against retarded family? Putting it in a trust or something?

>>20691421
very nice I like it a lot and I am officially jealous

>>20691450
Shit! Chris Vermuelen was warning on a couple latest shows about it.

>>20691459
Put it in s a trust, make sure you raise your fucking children with values and not let them absorb their values through TV/school.

>>20691450
You don't or at least shouldn't buy mining stocks simply to see green line go up in terms of actual share price for the sake of it, you buy them to actually have a share in future gold and silver production.

If the stock crashes for actual good reasons like mismanagement or lying about how much they will be able to produce yeah then investors will have dun goofed

>>20691304
fuck I know that feel, buddy in highschool I knew had his dad leave him about 400oz of placer gold and probably 200k cash when he died working in the Yukon. After he got it at 21, all that wealth was gone in probably 2 years. Coke, meth and a house later hes broke living on welfare in and out of prison.

>>20691497
this

>>20691487
I mean, look around, man. Everyone is trying to chase yields. We're dancing near the edge with these, I think and I'm expecting a massive pullback on them.

>>20691421
>+2000 for an AGE
It’s really happening, huh

>>20691505
Jesus christ

>>20691547
Yeah, for certain. I’ve been playing catch up. Only started stacking PMs since May.

>>20691505
yeah feels bad... seen similar stuff happen a lot... it is weird because parents often seem to give the money to the one kid who will waste it...

>>20691018
I'm 50/50 silver and gold.
If one goes up, rebalance.

>>20691304
>>20691505
know a bloke thats grandpa was in the room for western minings first gold poor

they all got given one once strikes to commemorate it

he pinched it and sold it for $300 of synthetic weed in 2012

>>20691529
I’m going to hold on. Even if I see a large drop, I’m holding for the longer term beyond 18 months in many cases.

>>20691116
>>20691223
Look at these homophobes hating on well known gay band blink 182.

>>20691586
>>20691552
Yea if his parents had been smart they would have put it in trust for him down the line, but thats hindsight for you.

>>20690157
hold my beer

>>20691631
no biggie we can fix that ugly coin real quick

>>20691605
>>20691621
So the correlation seems to be degens with drug and gambling habits

How can I structure my future trust so that anyone who tests positive for drugs or has gambling on their bank statements gets written out

>>20691670
its not the drugs its the person
plenty of people can keep a drug/alcohol habit within reason and others you can't trust them with anything. They would just as easily blow the money on other bullshit even if they are not a addict.
Decline is just what families and civilizations do.
You can try to raise them right and take measures to keep things going but sooner or alter it all falls apart.

>>20691670
Bro GWB was a Coke head with a gambling problem, and he got clean to become the greatest president of the US of all time. You never know.

I feel like this may well be the final boss of gold coins. I don't even mind how silver tarnishes, but at the same time there's something quite wonderful at how older gold actually looks better and more brilliant over time.

Do any of you guys have really old gold coins (18th century and earlier)? That must be amazing.

>>20691670
Do it, there's no way that will bite them in the ass one day.

>>20691631
I would still buy one for three-fifths spot price.

I'm sorry to inform you guys but this is the top. Please sell at the top to prevent any loss of wealth. Thanks.

>>20691716
How the fuck do the rothschilds, or the rockefellers pull it off?

Out of curiosity I heard that quarters/nickels/dimes minted before a certain year were still 100% silver. Is this true, or just another meme?

>>20691450

Person in my screenshot tossed away all his mining stocks in April because "sentiment seemed too high." Missed 300% gains. David Brady calling for a crash since May on the same basis, leading his followers off a cliff. This much-talked-of "pullback" simply is not going to happen. As I have been saying for months,
First, historically speaking, mining stocks don't crash on the second leg down of a stock-market crash;

Secondly, TA does not matter when the fundamentals are an imminent currency crisis, and the end of derivative-based manipulation on the COMEX.

Mining stocks are the lifeboat, as Peter Schiff has consistently said.

https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/

>>20691292
>>20691324
strictly talking /pmg/ here
although to be fair 2000 oz is probably 3% or under.

>>20691839
They don't they are pushing the limit at this very moment. Its one of the reasons they are pushing to make the world as dumb as possible because they for sure are not getting any better/smarter

>>20691845
All dimes, quarters, half-dollars and dollars minted in 1964 or earlier were made of silver, yes. You can actually make a tidy profit from finding them, since some are still in circulation at face value (mostly the smaller coins obviously).

>>20691858
>>20691450

P. S. If you still are not convinced, study this picture. Mining stocks are the most undervalued things in the world. GDXJ has to go 3x simply to reach its level in 2011, when gold was the same price which it is now. Why would anybody be stupid enough to sell them? I wouldn't sell mine.

>>20691382
23 posts by this ID

>>20691505
Had something similar happen to me:

>have great uncle
>very religious man
>fought in WWII
>made a bunch of big stock purchases in Hershey Chocolate Co, Philadelphia Mining, and others in the 40s and 50s
>become filthy fucking rich
>hate the government, converts the stack of $14k dividend cheques he gets weekly into cash and PMs
>doesn't marry, no kids, lives in the middle of nowhere Maine hoarding his treasure
>likes me the most out of his relations
>dies
>leaves me and his two sisters equal parts of his estate after sending a chunk to the local catholic curch
>his house is a 12 hour drive from mine
>by the time we get up there it has been ransacked by relatives and neighbors
>the gold he showed me, the hundreds of thousands he kept in cash, and some pristine antique firearms gone
>his immediate family contests my receiving what he left me in his will
>dragged out in probate for 3 years
>get his coin collection (some really cool stuff in there), about 10ozt of silver, a stack of uncirculated 2-dollar-bills, and ~$150k in cash
>left in trust to my father until I came of age
>my pops had lost his mind after my mother (his wife) and his mother die within months of one another
>he spends much of the money on the mortgage after quitting his job and becoming and alcoholic pothead for a decade

The moment I came of age I had to fight him to get him to release to me the money and give me the rest. He was adamant that I "wasn't ready for that responsibility." Fuck you dad.

I miss you Uncle George. You had the coolest stories, and I loved your huge collection of local spring-source water in giant glass jugs.

>>20691859
I'm a stacklet at 65oz of silver and 1/2oz of gold, and yet I feel very average here. My general impression based on absolutely nothing other than my anecdotal impression gained from looking at photos uploaded here is that around 60% of people have about the same as me or less, another 30% have up to a few hundred ounces of silver and a ~10oz of gold, with just around 10% having 500~5000oz or more of silver and tens of ounces of gold.

This impression may not be accurate in either direction, for obvious reasons. Stacklets may not want to post pics because they won't really get (Yous) or pats on the back, major stackers may avoid posting pics out of fear of somehow revealing their location and being IRL targeted.

>>20691547
Jeez

Prices are so expensive that I no longer want to buy, yet I know if I don't buy now fiat will be even more worthless the longer I wait.

>>20691963
Hey silverbros, 85 oz Stacklet here and I'm just giving you guys some underrated advice, don't watch the spot price every day, don't let it bother you, just try your best to stay the course, these past few days have been stressing the fuck out of me because I feel like it could moon any day now, it's literally going up $1-$1.50 every day, I've been having trouble sleeping at night and I couldn't even get hard to fuck last night cause I was so stressed over the price, please anons just don't let FOMO or any other feeling take over your life, this shit sucks and it's all I can think about rn, I gotta just take a break from anything silver related after all this chaos is over

>>20691963
I have a very small gold position (5 oz) relative to my silver cause I've bought in the last year (since last June) expecting a moon mission for the GSR

>>20691944
I would start murdering and not stop murdering until the county was empty.

>>20691944
>by the time we get up there it has been ransacked by relatives and neighbors
can't the gubberment force them to give it back to the will recipents

>>20691889
>mining stocks are underperforming gold
Yes and?
They have a history of poor management, share dilution, and taking on too much debt.

>>20691889
Discovery Metals posted this image on their LinkedIn account a couple days ago.

>>20692107
Yikes. I don’t like to see these companies shilling like this. Worries me they want to pump their share price so they can dump/dilute.

>you will never own an ICBC gold bar
Why even stack, bro’s...

>>20692160
Reading yikes reminded me of the last time someone here said yikes

>>20692160

I told people to buy Discovery Metals when it was 0.90 CAD a share. It is now 1.68 CAD. Expect it to go much higher.

>>20692096

Mining stocks aren't underperforming gold. The GDXJ is up 175% and it will continue to give 3x leverage to the underlying metal. We are now going into a new bull market in the miners after a prolonged bear-market. Miners didn't respond to the gold price from 2018-early 2020 simply because people did not believe that the rally in gold would last. Everybody knows that it will last now.

>>20692180
based on this chart and possible return who cares I rather stack silver

>>20692160

All right, I took a few days off from /pmg/, and I see silver is just short of $23.
Are we assuming that this will continue to rise next week?

>>20692226
Nothing to do with actual thinking, I just think the bars are really fucking cool and I want one desu

>>20692025
Yeah, I was 12 at the time so all I remember was the house more empty than I remembered, and my father quite angry.

>>20692072
No way to know/prove who had grabbed what. Uncle George hated the government, but he loved people. He gifted his lake house to the "nice couple" (I didn't know them, they were in their 20s, but that's what he called them) who had been renting it for 5 years when he died, and was very generous to the community. No matter where you are there are people who will take advantage of that.

>>20691858
>>20691889
>>20691450
Mining stocks have often historically crashed hard, and FOMOing them is the worst thing you can do. You can lose 30% in a month.
Silver junior miners are doable, but that ship already sailed. I wouldn't buy in right now

>>20692222
>Those digis

>>20692222
checked and keked
im the one with the idEqFnsWt1
that was a good thread

>>20692233
Yes, we're all gonna make it

>>20692266

The answer to what you say is contained in the very posts which you have quoted. We have been hearing from the TA people that the miners would crash for three months now. They missed making hundreds of % in gains. They will continue to miss more if they don't change their minds. All of them (David Brady, Northstar, etc.) are outsiders to the PM industry, and are intruding on a market which they don't really understand. As soon as Sprott placed an order for one tenth of the world's annual silver supply, silver soared from $19 to $23 faster than you could blink. That is the sort of financial environment which we are living in.

>>20692266
>ship already sailed
Miners haven't even begun my misguided bear friend.

>>20692266

>Mining stocks have often historically crashed hard

Also, did you read my link? This is not the case. For example, Homestake Mining, the ancestor of Barrick Gold, which is a large component of the GDX, went up 500% during the Great Depression, and was soaring 90% at the same time as the Dow was crashing 90%.

>>20691944
holy shit i would have killed people over that.

>>20692359
That's great and all, but I'd prefer if we could all make it a little later. A couple of more months before making it would be nice.

>>20692291
I’m the one with trips lul
>post that has me get trips
>get quads

>>20692222
checked!

>>20692225
Any other companies like Discovery Metal that you would recommend? At 1.68 CAD that price is very attractive

>>20692409
Too late friend, should have stacked sooner. I swear, /pmg/ is the only general that is actively upset about making it

>>20691944
Well it sounds like your great uncle was the only person in your entire family that wasn't an untersmench, so you know what to do.

>>20692360
If your thesis is "this time it's different" and other people will FOMO after I FOMO then do it, but you're speculating.
>>20692362
This chart indicates otherwise, it's already more than halfway to its previous peaks.

>>20692227
Nice I’m glad your microcap pennystocks and junior miners are paying off. I bought the SILJ at the local top, and am likely about to get rekt in a pullback but I’ve got platinum hands.

Hope NRG isn’t about to top and NAK can take back some of that massive loss. Sitting on MUX too...

But I believe the chart he posted was supposed to measure a basket of gold miners vs. price of gold.

>>20692222
Check’d and kek’d
But I’m not willing to let the redditors have yikes and cringe.

>>20692451

I still stand by the ten miners which I gave in this post three days ago, although a few have already begun to take off, and are considerably higher now. All of them are going much higher. >>20597543 >>20603169

Newrange Gold: +31%
Euro Sun Mining: 22.3%
McEwen Mining: +0%
Fireweed Zinc: -9%
Wallbridge Mining: +0

Discovery Metals: +27.27%
Callinex Mines: +0%
Silver One: +5.33%
Dolly Varden Silver: +7%
Great Panther Mining: +3.7%

Mean increase: 8.76%

Compare with,

SILJ: +2.69%
GDXJ: +2.51%

>>20692485
Thing is, unless you swallow the Koolaid completely, even a moderately large spike in silver prices isn't enough for stacklets to really make it.

Take me, I have 65oz. Silver spikes to $300/oz which is still fairly optimistic. That gives me $19,500 and by definition, the only way that could happen would be if fiat totally shits the bed, so most of that gain is only in dollar terms and not an increase in buying power.

Now admittedly everyone else becoming impoverished would make me one of the kangz of the shitpile, but most other physical commodities would still cost as much as ever. Convert your silver into Fedbucks and now you realize that a gallon of milk costs almost twice as much as it did before so you're not really ahead.

This board's representative meme about FWTDHAQUD actually is very revealing: the main change post-reset would simply be the impoverishment and deprivation of ordinary people, not a fall in commodity prices, which would naturally rise ALONG WITH precious metals.

So yeah, one-dime blowjobs, but everything tangible that matters like food, land, energy will have gone up.

>>20692513
We are at the end of can kicking. Two choices are on the table. Either raise interest rates and crash this economy with no survivors, or print into infinity and devalue the dollar. Why would investors ever trust the Federal Reserve again when they PROMISED the heavy QE in 2008 would be it....and now they've blown the entire top off that lie too?

They can't even take a breather between financial fuckery anymore. The problems are now starting before the last of the helicopter money has settled. It's OVER.

>>20692384
And if you bought GDX in 08 you'd be just barely back where you started whereas you'd be up about 300% if you bought S&P500 ETFs.

>>20692657

If you buy at the top of a bull market, you lose money, yes. That's why you don't do that.

Hi /pmg/, coworker told me about gold/silver a while back but never really looked into it. As stupid as it sounds, I asked /vg/ what they thought about it. One lad directed me here but another said the following:
>Gold and silver are a meme. No one is going to buy or trade anything for your shiny rocks.Buy and sell stocks instead.

>There's also a projected global food shortage incoming so if you want to go full prepper-mode you'll be better off stocking up on non-perishable food and water.
I was gonna buy a stack. Is he retarded or am I retarded? Both?

>>20692632
Or... just print but not print to infinity, and raise rates slowly, eventually, once we have safely avoided the deflation trap.

Doomers are the worst. “EITHER ITS ALL GOING TO COLLAPSE OR EVERYTHING IS GOING TO FALL APART”
Maybe, but you should also hedge against the possibility that things stay shitty and you live to the age of retirement. Open a Roth IRA.

>>20692632
You and I both know that the government will take option 2 rather than raise rates... And we will see all assets appreciate. Holding silver and gold is a good play. Buying gold miners is a bad play. Buying silver junior miners is a good play if you buy early and get out before it crashes.

>>20692702
>Maybe, but you should also hedge against the possibility that things stay shitty and you live to the age of retirement. Open a Roth IRA.

This seems like a terrible idea. Regardless what you choose to do with your money, isn't it always good to be in control as much as possible?

>>20692543

NRG could double or triple within a matter of days. Whatever you do, do not sell until the drilling results come in.

>>20692543
Chris Vermuelen was postulating on a needed correction and then a strong extension in the next leg up for miners. He’s a TA trader with heavy emphasis on Fibs and Relative strength. I’m ok hodling through even a significant pullback on my picks.

Philosophically I take the Rick Rule approach to investing in the Mining sector, willing to ride out deep pullbacks based on proper allocation and risk/reward. Not looking to micro time entries. Longer view.

>>20692698
You do know that GSCI is mostly energy commodities right? It's not an accurate gauge for gold.

>>20692701
You both are but he is more retarded. You should own gold/silver, stocks, AND food.

>>20692607
very nice all cheepies
I can spend a few hundred dollars and even if we only hit 2011 highs make a nice return

>>20692485
>should have stacked sooner
Yup. God damn it.
>>20692630
>even a moderately large spike in silver prices isn't enough for stacklets to really make it.
Reeeee need more fucking time.

anyone know what the other metal in a 1915 Austria Gold 4 Ducat is? They're .986 gold, what's the last .014? Copper?

>>20692701
there retarded, its very unlikely that the world sees total utter collapse. what we will see and are already seeing is the rotting of the US / North American markets. I cant tell you to stack or not, thats your choice, but I would strongly recommend you do, because its never wrong to have something as backup. Also get a gun if you havent already.

>>20692830
Probably
An irrelevant amount at that, nothing you should bother yourself with

>>20692812
I still feel like as a financial survival strategy being a stacklet is pretty good. If things don't get too bad we'll have time to stack more, if they get really bad really fast, fiat will get absolutely wrecked and we'll be (relatively) covered compared to those without any stacks at all.

But stacklets are kidding themselves if they imagine they're going to be buying up other valuable commodities, especially land or energy. These things are inherently valuable, so their price won't collapse with fiat. You'll absolutely outcompete your neighbour economically for these resources, but those with larger stacks (headcases like Floor Stacker and also the big banks obviously) will be able to outcompete YOU.

>>20692701
Gold and Silver aren't an investment designed to help you make money. They're a historically-proven, ironclad way to protect your wealth. Think of it like putting your money in the bank, except you can't get fucked when the currency devalues (imminent) or there are runs on the banks and they refuse to let you withdraw your cash (also imminent).
The Central bankers might be able to kick this one down the road for a while yet, but when they run out of tricks, that's it.

>>20692607
>Wallbridge Mining
>Discovery Metals
>Silver One

Will add more strategically. I’m relatively pretty well spread out and carrying decent weight in this sub-sector ATM

>>20692773

The point which the chart makes is that bull markets come and go in cycles. It makes no sense to talk about what happened to an asset-class at the end of its bull-market as a prediction of what is going to happen now, after it has gone through a prolonged bear-market. Bear-markets are the authors of bull-markets, as Rick Rule says. Mike Maloney points out that, if, since 1920, you had swapped between gold and real estate when one or the other asset-class was relatively undervalued, as compared with the other, you could have turned one house into five hundred.

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

>>20692914
>>20692804

I sincerely hope that they do well for you.

>>20692728
What's wrong with a Roth IRA? You can pull your principal out without penalty.

>>20692222
Here we go again. Better make your buys before futures rage open +5% and spot gaps up on open.

>>20692702
>raise rates slowly
Just look back to 2019. They couldn't even do half a percentage without trigger a recession and throttling back. This problem has been over half a century in the in the making, and it'll either take radical changes now, or extreme discipline over decades to fix it. I'm putting my money on neither of those options, as is any investor who has a scope of market history beyond a laughable decade of "norms".
>>20692727
If Gold moons, and the Fed caps yields, miners will be the ultimate asset and essentially money printers. They'll be nationalized eventually, but the returns before then will be beautiful.

>>20692921
Unless you're day trading, gold miners have such swift pullbacks that you will suffer big losses unless you time them perfectly. I would rather hold physical gold with the same amount of money because its price moves slower.

>>20692921
>I sincerely hope that they do well for you.
Thank you, fren. Great fortune and blessings to you too.

>>20692701
There will never be a "collapse" Fallout-style barring anything like a genuine MAD-style nuclear exchange. What will happen is people will wake up one day and realize they can't afford even half as much food as they could last week. Crime is already on the rise, the markets are poised for either a massive crash or the dollar is poised to hyperinflate. Look at Venezuela, Weimar Germany, or Zimbabwe for examples of what happens. Getting PMs can help insulate you from that once the USD doesn't have the purchasing power sufficient for the average person to feed themselves.

Get some water purification, some food stores, some ammo, THEN buy PMs. Things will get bad, then worse, then real fucking bad, then they'll start to get better. Make sure you can survive the bad times.

>>20692894
>You'll absolutely outcompete your neighbour economically for these resources, but those with larger stacks (headcases like Floor Stacker and also the big banks obviously) will be able to outcompete YOU.
Yeah, true, but how many people actively stack PMs, do you think?
What proportion?
Now, how many in the West alone?
Divide that between the US, Commonwealth nations and various parts of Europe.
In my small country, for example, I would wager that I have more silver than 99.9999% of the population, despite being a stacklet.
You're correct in saying that it's all relative.

That said, I don't expect to become comfortably wealthy off it or anything, just pointing out how rare a breed stackers are (not to suck /pmg/'s dick or anything, it's just the truth).

>>20692795
>>20692841
>>20692909
>tfw am retarded
Thanks lads. I'll probably start with something small for now. I've already got the gun thing sorted too.

>>20693000
checked

>>20692946
You mean 2018. I remember well.
It would’ve triggered a recession and it would have probably lessened the severity of this recession. But that wasn’t the first hike in the tightening cycle, it was still early on. And we’re in a very different situation now. The danger is no longer triggering a recession. And I can’t predict how things will look when we finally start seeing widespread inflation in general costs.

>>20693000
Trips of Wisdom we'd do well to heed.

>>20693000
Anyone got any tips for mylar bag sealing bulk foods? I've seen recipes for "survival stew" but I'm not sure how to order 500 lbs of a half dozen various ingredients.

>>20692981

You don't day-trade with miners. You almost never sell a mining stock during a PM bull market. You hold onto it for the duration, only selling in gradual increments on the way up. Don Durrett explains this in this interview: timestamp 4:30 https://www.youtube.com/watch?v=n5xqFD1qVtE.. If you don't sell, you don't realize a loss.

>>20693036
Do what I am doing and put what you can afford to lose in to some cheepies. If they moon you can make a nice return and if things go south well you can join me in eating some raman for a while

>>20693034
Basically what I'm saying is that PMs will only increase your wealth and power RELATIVE TO THE PEONS, that's all.

So your relative financial power will help you keep a roof over your head and survive. In your own local community you will be wealthy (provided no-one steals your shit). But you will still be a minnow compared to the big banks who will buy up all the land and real estate. Inequality will be more extreme than ever.

Stackers will go from lower-middle class people in what feels like a relatively egalitarian society at the bottom to relatively wealthy people in a much, much more unequal and impoverished one.

>>20693116
What if I buy options that expire yesterday?

ONE HUNDRED U.S. DOUBLE-BLOWJOBS!

>>20692607
How does this match up with Eric's fav juniors on this friday's Sprott podcast?

Discovery Metals Corp.
Kirkland Lake Gold Ltd.
Jaguar Mining Inc.
Steppe Gold Ltd.
Pure Gold Mining Inc.
MAG Silver Corp.
Black Rock Mining Limited
Coeur Mining, Inc.
Amex Exploration Inc.
Wallbridge Mining Company Limited

>>20693116
I momentum trade and I can't make most of the miners work using that strategy.
And you only have to look at the charts to know that if you mistime a miner buy for hodling that you could easily end up holding a bag.
You might be right that prices will go up and stay up but I believe at aome point they will decrease to lower levels than today, based on historical behavior.

>>20693183
>DOUBLE-BLOWJOBS!
what?

>only 25oz

I'm so fucking fucked.

>>20693208
>lower levels than today
What are you talking about look at this charts most of these stocks are at or near their lows.
I don't think its too late to buy although it will be if people wait too much longer

>>20693240
no anon your 25 ounces ahead of 82%of people

>>20693240
YOU HAD 40,000 YEARS ANON

>>20693240
How much cash do you have? You can fix that pretty fast, fren. Consider that a single kilo bar that costs $600-800 would get you up to 56oz

>>20693264
I put 1k in this last week. Was it a bad play?

I own over 10k of silj and slv combined.

>>20693203
I missed Blackrock by nickle and diming on my bid Monday morning. I would’ve made nice coin if I didn’t do that when moments later it doubled and went on to increase over 100% from where I could’ve picked up a chunk.

>>20693121
Yeah, that's fine. Treating PMs as a get-rich-quick scheme was never a viable plan, as I'm sure we all know.

>>20693209
You didn't ASSUME that they both get a Merc did you? Because that's wrong.

>>20693298
I am not an expert on this stuff but I don't think so

would it be retarded to buy gold instead of silver right now. i own no gold and have about $4k id be willing to dump into it.

>>20692630
I mean you're right, I only have 30 oz myself. The physical stack is mainly a fun long term investment though, and a bit of insurance if shit really hits the fan. I have far more equity in SLV calls, which reallyyyyy stand to gain if silver moons

>>20693183
Dang, I got two of them the other day: they look really nice.
Got a personal supplier, I take it?

>>20693203

I thought it was interesting that Sprott chose two of my mining stocks for that podcast, Discovery Metals and Wallbridge Mining. Discovery was the first one which he mentioned as well.

I got into Blackrock early; will continue to hold. Bought Steppe Gold a day or two ago.

>>20693208

Buying miners is about value-investing. You find the ones which are undervalued and you simply buy and hold. Look at Freegold Ventures. Went up 44x in a few months after Sprott invested in it. Imagine if you had cashed out after doubling or tripling your money. In a PM bull market, mining stocks can only go ever higher and higher; and I don't see how we can possibly avoid going into a PM bull market.

>>20693111
Seal it with desiccant if it is dry food. Personally, I store lentils, rice, and beans. I also have many cans of vegetables and canned meats. Turn them over as they get close to expiration. The dry goods should last a decade or more if you seal a desiccant in with is and store it in a cool, dark environment like a basement. Load up on salt, too. it will make all the difference. Sugar and coffee are also smart stores.

Best case scenario you have a bunch of meals out of cans in a few years and then buy some to replace it. Worst case scenario you don't starve to death in the few months of supply line collapse.

>>20693333
well sprott just pumped 15 million in to company so he for sure has confidence in them

>>20693264
For that particular miner, yes, but as far as the industry is concerned, if you bought a basket of miners they are near prior peaks.
If you want to take the risk of buying a relatively small number of miner stocks, then go for it, but a play like GDX or SILVJ carries some risk right now.

So the silver gold bull 10oz bars are gone....

Where is the next best deal?

>>20692222
>>20692288
>>20692933
if we could stop getting gets that moon the price so I can get a pullback so I can buy a few hundred ounces that would be great

>>20693333
>Buying miners is about value-investing. You find the ones which are undervalued and you simply buy and hold. Look at Freegold Ventures. Went up 44x in a few months after Sprott invested in it. Imagine if you had cashed out after doubling or tripling your money. In a PM bull market, mining stocks can only go ever higher and higher; and I don't see how we can possibly avoid going into a PM bull market.
This.

>>20693407
No digits get wrecked.

>>20693389
Wow, glad i fomo'd into buying one earlier today. Getting pretty paranoid here with all the info coming in.

>>20693333
On the orher hand, contrary to my argument, you did get quads...

>>20693407
Dude you still have time, depending on how much you want it. If the price looks like it will reach AT LEAST $50/oz by the end of the year, is it really that big of a deal to bitch about the spot price going up a few dollars and some shitty premiums?

For me, getting up to around a mere 150~200oz Ag and 1.5~2oz Au is just insurance if nothing else, so paying a few thousand Fedbucks out of my meagre income to get there is a good deal.

>>20693379

>if you bought a basket of miners they are near prior peaks

I do not believe that this statement is accurate. I pointed out earlier that the GDXJ needs to go 3x to get to its former high. SILJ was created more recently; but, using First Majestic Silver, one of its largest holdings, as a measuring-stick, we can see that it is well still below its 2016 peak, even though silver was only $21 then.

>>20688947
PMG I have reached my goal stack, 1,000 oz silver and 15 oz gold.
I have some extra cash, and now that I have built a floor, am looking to yolo it on the most high risk high reward OTM call option miner/royalty company there is. Goal date is any time after the election.
Best advice or trips will get a buy bid of $1k. I will post proof come Monday. Hit me with what you got.

>>20693523
But SILJ has price data goin back to 2012? Is that not enough time for you?

>>20693541
get a GUN

>>20693541
Get a gun to defend your stack desu

>>20693541
see what the other anon posted
>>20692607

>>20693541
>1,000 oz silver and 15 oz gold.

See THIS is what I was talking about to the other stacklet. Guys like this smug Pepe here not to mention the fucking banks that have hundreds of kilos of gold casually sitting around will actually BID UP all kinds of commodities like land, energy, and corporate shares, and use their leverage to become even more wealthy and powerful.

It's not that being a stacklet is pointless, but... YOU NEED MOAR

>>20693541
acquire firearms and appropriate ammo.

>>20693552

SILJ's peak was 19.19 USD, when silver was $21 an ounce, and it is presently 15.27 USD when silver is $22 an ounce and soaring towards $23.

>>20693523
I will say that you're right about GDXJ but the S&P500 delivered a better return from 2010 through GDXJ's peak. We don't know how much GDXJ's bull run was also due to the animal spirits of the stock market in that year and this is a much more uncertain year.

>>20693615
I'm not willing to take the risk of a downturn in SILJ for 50% upside potential, knowing that I'd lose some of that on the downswing.

>>20693623
>due to the animal spirits of the stock market in that year and this is a much more uncertain year.
So should I sacrifice a small animal in my back yard to please the spirits?

>>20693541
.45-70 BFR and boolet

What is the Federal Reserve going to do about savers?

From what I read, the savings rate has jumped almost overnight to at least 10%. And anecdotally it’s probably higher: a lot of people out there of all classes incomes and backgrounds are literally banking every penny not spent on absolute essentials like food, rent, transport.

Even negative interest rates probably won’t do the trick. People will withdraw their money from the banking system and if the Fed tries to use inflation to force spending, people will get rid of their dollars by buying commodities like gold, silver or other stores of value like precious stones or desirable antiques.

It doesn’t even matter if the Wuflu goes away, because the fact that the lockdown was even possible has caused a sea change in the worldview of the average consumer towards thrift and caution. It will take decades for this to change again if it’s even possible.

>>20693623

In a PM bull-market, the average small-cap silver miner goes up 150x. Look at FMS from 01-11 as a case in point. >>20693523 People don't realize quite high the upside potential of mining stocks is. That is why I have brought them up so much over the past few months. I seem at last to be reaching people, because half of /smg/ is now about the GDXJ and SILJ.

>>20693647
It couldn't hurt.

>>20689299
>>20689477
>>20689566
>>20689599
>>20690233
>>20690277
>>20691233
>>20691255
>>20691800
>>20691944
>>20692011
>>20692233
>>20692266
>>20692288
>>20692399
>>20692755
>>20692933
>>20693288
>>20693366
>>20693000
>>20693111


>>20692222
>>20693333

IT'S HAPPOONING AGAIN.

>>20693568
>>20693579
>>20693604
>>20693652
Jesus christ guys I already have several guns I'm not retarded.

>>20693580
Based and thank you. These McEwen guys Jan OTM options seem very cheap. Will post some proof of bid on Monday.

What do you guys think about the idea of a broader Zinc play? In searching I found a company Solitario Zinc that seems very cheap. >>20693604 what is your take?

>>20693660
You severely over estimate the financial knowledge of the average citizen, anon
Fed will inflate to scare them into spending, and it will most likely happen sadly

>>20693693
mfw I’m in this twice, and with quads

>>20693696
buy more ,buy more amo, buy staples, buy other vegs that you like, buy lad too,buy copper buy al much useful things that you need

>>20693681
Half of SMG talking about a symbol is a contrarian signal. I'll keep an eye on SILJ in the years ahead but I won't participate in this year's run.

>>20693541
Congratulations! Great work. Thats a nice foundation to really allow you to take some potentially rewarding positions with relative comfort to extend you exponential wealth building opportunities.

>>20693731
>buy copper

>>20693702
Right now people are asleep about inflation, but as soon as they feel prices rising at the stores and realize they're getting reamed this might change. I know this hasn't happened despite decades of inflationary policy, but what's happening now is different. Not only is inflation higher, but people are palpably afraid unemployment and poverty in a way they weren't just a few years ago because small businesses are getting crushed

>>20693333
what broker do you use buy those stocks? I see most of those are listed on Toronto, but my current platform (m1finance) mostly have NYSE listings

>>20693696
I ve heard the name but its been ages let me get back to you on that? In general zinc's rather unstable because theres so fucking much of it that there are something like 15 mothballed zinc mines sitting around Canada and the US due to the decreased demand from china over the last few years. I would be weary of putting money with zinc for the time being.

>>20693766
Checked
Fuck you buy copper

>>20693766
>he doesn't know you can buy it by the ton

>>20693766
Unironically paper copper would be a great play right now, Chile copper mines are close to going on strike (by far largest copper producer in the world).

>>20693727
My measly dubs contributed to this happening

>>20693766
Copper is actually rising rapidly with gold and silver. Obviously it's a terrible buy generally speaking, unless you happen to own some massive warehouses and have some magically cheap method of transporting that shit though.

>>20693739

Look at my screenshot here >>20691858. This person sold off 90% of his miners in April, saying that "sentiment is high at the moment, and a strong correction is near/due." David Brady has been calling for a pullback in every article on Sprott Money for months, saying the same thing, that "sentiment is too high," and even now he won't relent. Is a pullback possible? Anything is possible, but somebody who doesn't have any exposure to miners by now is simply missing the opportunity of a lifetime.

The only reason why /smg/ is talking about miners now is because I have been relentlessly talking to them about it for months.

>>20693793

International Brokers should allow you to buy stocks anywhere. MUX and LIO are good small-caps on the NYSE.

>>20693541
very nice. now get a gun. metals mean nothing if they can be stolen from you.

>>20693801
My thoughts were that because silver is a byproduct of zinc mining, they'd stand to have outsized earnings. That's a good point though.

>>20693809
man what the fuck am I going to do with a metric ton of copper

>>20693766
unironically copper companies are doing great right now. https://www.mining.com/forget-the-gold-price-copper-was-most-profitable-covid-19-trade/

>>20693854
>>20693817
Yeah copper miners might be a good play but I am like 99% sure anon meant physical copper which IMO is dumb.

>>20693696

I recommended Fireweed Zinc in my list of ten miners. >>20692607 People don't realize how ridiculously undervalued this company is. Some of the best zinc mines in the world, enormous amounts of silver, and an excellent and passionate CEO.

>>20693815
In case you're serious, the problem with copper is that the average person has no way to store or transport the kind of volume and weight of copper you'd need to qualify as a meaningful physical investment. Hell even silver has the same drawbacks if you are actually wealthy and trying to stack serious assets, which is why we get gold-heavy stackers in these threads e-bullying us for holding silver sometimes

what coins do you think pic related has in his stack right now?

>>20693841
>The only reason why /smg/ is talking about miners now is because I have been relentlessly talking to them about it for months.
and i thank you for that. I have missed every opportunity life has handed me the big one being bit coin but not this one.
Now maybe I am just being irrational but I will not let one more chance slip through the fingers because of inaction.

>>20693841
If I bought into SILJ two months ago I can tell you I wouldn't be selling yet.
I'll say this to be clear because I haven't done so previously. I consider SILJ a hold but not a buy. I didn't buy it, so I'm not jumping in this late.

>>20693883
Sorry it's not on robinhood and I use the babby broker.

>>20693873
no i a little bit meant Physical for the water detamination purpose and "paper copper in large amounts for investing purpose

>>20693886
Nothing. This man hates commodites. He's a stocks, fiat, and real estate guy.

>>20693884
>which is why we get gold-heavy stackers in these threads e-bullying us for holding silver sometimes
no, the reason is before /pmg/ the people here used to buy fake gold on alibaba to sell to suckers like you guys, and several of these oldfags still have their 'stacks' of fake pamp bars and kiwis and whatever the fuck china was producing in 2018-19.

>>20693890

I really do hope that you do well. I have only counselled you to do exactly what I am doing myself.

>>20693928
proof: https://youtu.be/QoAQABgudVs

>>20693952
i feel like he is the type to say that and secretly have 100oz of gold in a safe at home though. he doesnt come off very genuine when he talks about PM's (atleast in my opinion)

>>20693855
>what the fuck am I going to do with a metric ton of copper
put in your driveway same as the minus $47 WTI crude you put in your swimming pool

>>20693890
>I have missed every opportunity life has handed me
>but not this one.
>Now maybe I am just being irrational but I will not let one more chance slip through the fingers because of inaction.

https://www.youtube.com/watch?v=jGL1x40p46s

Extraordinarily based anon.

>>20693855
looking at the company you mentioned, they want to work with Teck to build a new zinc / lead / silver open pit mine at their Lik Zinc Property. In a time when the world has had a glut of zinc for so long, it doesnt sound like a great plan in my opinion.

>>20693891
You don't think SILJ will go up more if silver hits $50 or $100?

>>20693884
One nice prospect for accumulating Silver right now is to be able to trade up to Gold down the road as the GSR drops.

>>20693541
SQQQ 12/18 calls at $27 strike price, go all in with whatever you have left, try to find a way to get synthetic leverage if you can (i.e. """business""" loan from bank)!
You can do this, we believe in you.

>>20694033
you got the dubs with that ugly bat anon

>>20694033
SQQQ? Hell no. I was asking about miners/royalty companies.
The whole reason I like silver and gold is that it's a way to short without trying to fight the Fed.

The varied opinions on GDXJ in this thread is such a refreshing take on buying stocks. It's really nice to see differing views. Personally, I'm all in GDXJ right now. I've been expecting a nice pullback for awhile but all these dips are getting eaten up. I know these gains from mining can easily be destroyed. Im in it for the long haul - dont want to be trading often anymore and i see this as a nice hold.

>>20693693
>mfw two dubs and a trip

>>20694172
Absolutely based

>>20694049
Dubs are dubs, a promise is a promise, and silver is silver...
One ShinyBoi, coming right up!

>>20694076
SQQQ calls ain't bad if you want to hedge your bets a little, or if you want to go full-retard like you asked to do.

>>20694172
for some reason those reflections crack me up

>>20694213
I'm specifically going as far out on the risk curve as possible because I'm already satisfied with my hedge. This is a balls to the wall yolo play.

>>20693998
Thank you Based Man

>>20694215
Me too anon, me too.

>>20693802
based electrician in the thread

>>20694215
Batbuffer anon needs to do one with his extra-shiny batboi.

>>20694009
SILJ could, but I'm holding silver so I'd go up also.

>>20694213
>>20694413
Shit, I'm already done! No face shots though, I've said way too many "problematic" things on here with this IP.
Trips and I buff up my "Jesus Clears the Temple" bar!

>>20694477
Roll

>>20694545
If I'd waited just 20 seconds more....

>>20694477
Don't do it. If anything you should redneck antique it to get more contrast from the relief.

>>20694477
dont do that anon, wont turn out how you want

Also waiting on 10 1 oz asahi rounds i got for 22 each last week. got the 10 oz asahi bar today. also waiting on a 10oz SGB bar. always feels good to get more silver

>>20694477
dont do it... the jesus bar is not meant for such things anon.

>>20693693
Stack up and strap in, we're in for a wild ride

>>20694620
New non pozzed bread sorry about this one hehe

>>20694610
Where did you find a 10 oz asahi bar, fren?

>>20693240
Imagine if you had no stack. You're still better off than most people

>>20694600
Close enough, we have a winner (since I consider polishing that bar sacrilegious). I may consider antiquing it at a future date, but only after extensive Y*uT*be research.

We will never see 2.5+ interest rates again, unless market forces yank them higher completely disregarding what the fed is doing to the bond market. But if that happens it will be a violent convulsion that will break the game because it will mean they’ve completely lost control

>>20694386
Solar electrician desu

>>20695045
ur mums a solar charge controller m8