/biz/ - Business & Finance

First for gold 2000

FWTDHWAHQUD status {getting a pedicure}

I wish meth was a currency

Holy fuck!!
You may have seen me posting in the PMG threads, me asking whether I should sell my Call options in August

I was recommended by multiple people to extend them out until January, as it would be too hard to predict the $25.00 move

I went ALL-IN on these silver calls, and I am now up 80% in 4 days!!

Holy fuck!! I sold

Now everything in me is telling me to buy Puts, as it will 100% consolidate tomorrow..

However, I don't want to make the mistake of every options trader, get up HUGE and then lose it all in the very next trade..

I do think though that buying some short-term Puts is going to do VERY well tomorrow

Cheap physical at under 10% premium here:
https://store.firstmajestic.com/product/view/105

Remember when a new bread is fresh from the oven to first identify the APB when he comes in here with his disinfo copypasta and his schizo takes, then report and filter him.

and we have more movement upward
I am going to post the metric song again because I really love that band and it is applicable
https://www.youtube.com/watch?v=FRtd8ArvH_s

Have 131oz silver
12k cash
3k sat in a bittrex account.

Best move to make it?

fuck it just keeps going

>>20996662
Buy silver exploration companies with your cash

>>20996651
It's a really great song that reminds me of summer on Cape Cod with my boys at the beach by day, and hunting for slags in P-town by night. Cheers

Give your honest predictions for what silver spot price will be 1 year from now on.

BUY THIS JEWISH STOCK

https://stocktwits.com/symbol/ktov
https://stocktwits.com/symbol/ktov
https://stocktwits.com/symbol/ktov

>>20996697
5 hundo

Moon mission today????

>>20996697
August, 2021: $150/toz

>>20996697
$80/oz
Gold will be at $2800/oz

>>20996697
1/4oz gold

>>20996594
Listen up son. Part of playing the in the major leagues is you dont have to swing at every pitch. You dont have to have a directional position. Cash is a position. PSLV is a position. You dont always have to be leveraged if it doesnt feel right

>>20996662
SLV paper contracts
Paper kike, you owe me some of your shekels

>>20996690
Here is the survey
https://www.prnewswire.com/news-releases/new-survey-reveals-12-of-the-american-population-owns-gold-while-14-7-owns-silver-300942963.html
its about coins/bars not jewelry
I think many many more people own some gold/silver jewelry but doubt they own enough to make a real difference in a SHTF scenario.

>>20996758
How many oz of gold are in a Rolex? Those old Rolexes have to be appreciating so fast.

>>20996662
200ozt silber, shares in MUX, DNN, AUMN, and GPL.

>>20996788
1/25, typo

>>20996793
I'm probably not going to buy any Puts, even though I really do think with every part of me that it is going to consolidate tomorrow around $25.00 / $25.00 is new 'paradigm'

I am still extremely bullish on Silver overall, just in the next few days it's going to retreat from this high; I think that overseas markets will sell after US markets are closed, driving it down to ~$25.10

>>20996697
That pepe plushie looks like he gets snuggled. I have two, one that I sleep with and one that is on my bookshelf and yours looks well snuggled. :o)

Also silver I think will be at 45 a year from now. I think it will top at 55-65 and then come down to level off around 35 in a few years.

>>20996715
>>20996715
>>20996715
>>20996715
>>20996715

FUUUAK

MOONING

>>20996847
bah sorry that was for
>>20996777
sorry about that
oh and yes its a good summer song

>>20996697
Backing the UST notes probably

>>20996697
Silver $200oz
Gold $8koz

>>20996969
>Silver $200oz
>Gold $8koz
I’m not sure we want to live in that world.

>>20996536

Is this a bad time to buy physical silver?

>>20996995
We already are the true prices isn't reflected yet.

I have 3 October First Majestic Calls @$16, should I hold through earnings or put it somewhere else? was thinking of either SILJ or more Yamana.

>>20996914
You're trying to swing trade the end of fiat money. Good luck

>>20997038
Ruh roh

>>20996995
I kinda doubt you will. I remember people saying the world was going to end in 2008-9, and it didn't. We need to be careful not to get caught holding bags like the people in 2012 did also...

>>20996995
You will, and things won't be too different than they are now. Brazilification.

>>20996697
LCS guy told me to hold out for $~100 silver before planning on selling anything

My 100oz stacker has been sitting at the post office for 4 days because of 'covid and transportation', aka political bullshit.

>>20997033
Kinda, yeah. Premiums are really high. I'd be more into paper right now if I was this late to the game. If you have zero physical, then I would buy some for safety though. Maybe 1oz gold and 30oz silver, something like that.

>>20997094
Explain?

>>20997033
>ship is sinking.
>"Hey, is this a bad time to get in the lifeboats?"

>>20997111
Kek

>>20997064
While I will always keep a percentage of what I have I am planning for 100/oz and basically would sell some at 50/oz and maybe other increments. but 50/oz I think is where I would sell some small amount

I got a delivery!

>>20997064
You're too reasonable and rational for the people in here.

>>20997110
Things will get more expensive, there will be more crime, society will be more chaotic, but life will go on.

>>20996778
Reasonable estimate

>>20996848
108 grams of 24k gold.

>>20997149
>selling at the moon larp mission practiced in the kiddy pool
>not waiting until the silver astronaut is in count down ready to launch to even begin considering selling an ounce
NGMI

why do jews have last names like
goldman
silverman
diamond
etc.

why never just money,
Hi my name is Rubin Money

>>20997190
Britannias?

>>20997238
Damn they made them out of 24k? Ballsy

>>20997190
pm's or cute anime girls?

Is the silver spaceship going to the moon or to Mars?

>>20996594
>Now everything in me is telling me to buy Puts, as it will 100% consolidate tomorrow..
No. Take the money and run. In fact, use the money to buy physical metal and make your big gains a permanent victory.

>>20997267
German empire forced them to take names. Rich guys paid to have cool names, but poor jews were at mercy of local official giving them crazy stupid names like chees barrel or goat licker. Money in german is geld so geldman goldman.

>>20997111
lifeboat tickets are expensive bro

>>20997268

got a silver bar at spot and some junk. spot on july 18th

>>20997051
Thank you sir!
It's the most volatile, predictable market atm

Any chance silver could fall below 25?

Fuck I'm annoyed I have $13,000 in cash tied up in ACH waiting to go to Interactive Brokers so I could buy junior and minor stock

Why the fuck is ACH so SLOOOOOW???

>>20997277
18k but overall amount of pure gold is 108 grams

>>20997428
>thank you sir
I don't mean to be rude but I associate using the phrase "thank you sir" on the Internet with Pajeets from twitter who follow nassim Taleb and always comment on his posts

>>20997111
I don't need a lifeboat. I have a paper voucher that grants me access to a lifeboat, so I'm basically set.
Everyone actually sitting in the lifeboat is delusional.

>>20997149
There absolutely will be inflation, no doubt. I mean we saw a lot over the last decade already. The CPI is bullshit. Will it be hyper-inflation? I highly doubt it. Could we see 10%? Possibly.

>>20997203
Comes from being old. I'm hoping that more serious discussion comes soon.

>>20997337

pm's of course

>>20997064
This is not the same world as 2008. 2008 didn't have inverted yield curves where real yield was negative, a fed printing trillions in a month just to keep the economy afloat, and a loackdown that sank small businesses while putting tens of millions out of work.

You need to discard your normalcy bias, the life support system keeping the USD hanging on is the disease, and won't be lasting much longer. Only two ways to push off the collapse:

1) Full rework of the USD tying it to PM, crypto, or a combo of both
2) Hot war with China

>>20997448
It takes like 3-5 days you are in the exact same spot I was a week or two ago.
Sucks I know but it will be fine. The rocket ship, for junior miners, is still fueling

>>20997497

>>20997505
>I and 1,750 other people have a ticket to the lifeboat that only holds 10, I'll be fine!

This is you and your retard paper. APB identified.

Thank you Jews you are awesome. Thank you God! Thank you SLV for being real despite the naysayers and the money changers. Thank you world. Thank you diversity of paper metals

>>20997515
nice
glad to see you got that good deal on that silvergold bull bar.

>>20997510
Real inflation is already at 7%, dude. The reconfiguration of the CPI to hide the inflation is why idiots can say "there's 0 inflation" and have even dumber people believe them.

>>20997561
Buy silver explorers

>>20997510
I tried that for awhile. Somehow I still lurk from time to time to vent, but you'll see too many 'I'm going to buy PepsiCo and CocaCola with half an ounce of silver ... and all of their wives! <proceeds to masturbate>
If you want real discussion, stick with the kitco forums

>>20997448
Kek, there is $5T of debt maturing by the end of the year and the treasury has $1.4T. Where is the shortfall coming from? Brrrrr

>>20997600
I imagine it will increase, that's certainly my bet and why I hold PMs in both physical and paper. I don't know how much though, and I don't think we're in an end of world scenario.

>>20997624
Is that the same thing as silver juniors? Help a brainlet out.

>>20997338
I can’t see anyone having faith in physical silver or any other PM when it becomes a fact that it’s not backed by SLV and the real amount of SLV is way less then what’s been trading on apmex and thus suppressing the real value of SLV per share.

What will happen!!??? I just want a farm so I can stop fapping to images of 40 year old moms and stop stumbling with my relationship with Christ because I am a wage cuck!

>>20997636
What are you talking about, my dude? There are very reasonable discussions here about the state of the economy. Is your normalcy bias preventing you from considering the fact that the USD is about to lose world reserve status?

>>20996536

>mfw

>>20997600
The CPI rigging really irks me because it completely invalidates inflation-protected securities that would otherwise be a good buy in this sort of environment.

>>20997565
That was the point.

Just bought from First Majestic for the first time. Wow their premiums are low. I just paid $2 over spot for both 1 oz and 1/2 oz rounds. The only downside is they limit 1 tube per customer, but that's pretty fair otherwise they probably would not have had any for me to order.

>>20997665
>end of the world scenario

This is what I don't understand. The USD losing world reserve status and there being a currency crisis that collapses fiat won't be the end of the world, but it will definitely change things. People who aren't able too contemplate these things seem to think that people like me who talk about it aere predicting some Fallout-style end of civilization wherein the government completely collapses and people turn into marauders raiding one another for sustenance. That's as insane an idea of believing everything is just fine, and will continue like this into perpetuity.

Try to be nuanced about it.

>>20997757
My bad, you know sarcasm is hard to detect over text.

>>20997769
Fiats have failed in the past and the world continued. People just have recency bias and normalcy bias and think that there's no way the US Dollar could ever be anything except the world's reserve currency.

>>20997688
You nigger stop using my character flaw of fapping to 40 year old milfs as a copypasta when you are doing ironic paper silver shilling.

>>20997761
>$50 shipping
Yeah no

>multiple Scottsdale Mint orders still (((processing))) back from when spot was sub $20

They are going to cancel on me arent they bros...

>>20997694
How dare you use your privilege to assume my normalcy! I have done the training!
Rule number one of happenings. They never happen.
Yes, people will wake up to the massive economic damage and unemployment. Maybe how cucked we are to China. They won't understand the debt. Or see big business take over. Or understand the implications of the coming digital currency.
Like the erosion of the middle class, life will move on.

>>20997855

that would be illegal

>>20997883
Is it? Moneymetals used to do this.

>>20997883
>(((illegal)))

Like that has stopped anyone from anything before kek

tfw started to buy gold at 1360.

>>20997872
Yes, the point is that asset classes will shift as they always have. Fiat will tank along with stock and real estate. PMs and other commodities will boom. Then the cycle will turn and eventually real estate will come back up. Right now we are in the "time to transfer asset classes out of real estate and fiat and into PMs and commodities" phase.

>>20997694
>Reasonable discussions
>People thinking we're going to be living in an apocolypse world where you can buy a house with an ounce of gold and the GSR is 16:1 again, even though if things went that bad and PMs became currency you'd have a bunch of people who never stacked before robbing people for shit tons of PMs and instantly becoming rich

The reality is PMs protect you from inflation and are a better hold of value then holding cash, nothing more nothing less, it's not usually a good investment to buy physical if you plan on making some insane profit. And no I'm not that anti physical anon I only stack real metal but if you want to speculate buy something else

>>20997685
Most silver juniors are explorers. Basically they're companies that make no money and only try to find deposits and sometimes try to develop silver deposits into mines.
They have to raise cash and /or get into debts.
These companies usually are the cheapest and can go up 20x to 100x during silver bull markets.

>>20997962
The fact that people treat silver as the go-to safe asset when banks are teetering is heavy with historical irony. Silver money was once the symbol of monetary irresponsibility. But even as individuals have taken recent crises as reasons to stock up on silver coins and medallions, authorities would do well to consider the arguments for phasing out their use as another “barbarous relic”, the moniker Keynes gave to chattel slavery.

Already, by far the largest amount of money exists and is transacted in paper form — as bank deposits and central bank reserves. But even a little physical silver can cause a lot of damage to the economic system.

The existence of rounds — a bearer instrument with a zero interest rate — limits central banks’ ability to stimulate a depressed economy. The worry is that people will change their deposits for rounds if a central bank moves rates into negative territory. The Swiss, Danish and Swedish central banks, in a demographic culture of collapse, have pushed rates lower than many thought possible; but most policymakers still believe in an “effective” lower band not far below zero.

>>20997973
>dunning-kruger: the post

>>20997855
Don't worry, I bought this when the spot went down to $14 in March. I finally got it in June.

>>20997402
I can’t believe sgb brought back their spot deal for those few days. I thought it was gone forever the way things are going.

>>20997220
Sounds like the Weimar Republic.

>>20998069

>>20998069
My point is this
You have 10,000 ounces of silver. It is revealed that its a shell game. There is no metal. What is your first reaction? You sell. Silver crashes hard. Silver could trade down to 0.01. Same goes for the Gold. You find out there is no metal. You have 1000 ounces. First reaction? Sell. Sell it all. This applies to every product. You could have misleading price action where gold or silver or even artisanal lavender beeswax trades down to $1 for the simple fact that its worthless. A print that low doesnt mean silver is only worth $1. A print that low means your paper silver in your hand is worth 3 figures

>>20998111
My point is this
You have 10,000 ounces of silver. It is revealed that its a shell game. There is no metal. What is your first reaction? You sell. Silver crashes hard. Silver could trade down to 0.01. Same goes for the Gold. You find out there is no metal. You have 1000 ounces. First reaction? Sell. Sell it all. This applies to every product. You could have misleading price action where gold or silver or even artisanal lavender beeswax trades down to $1 for the simple fact that its worthless. A print that low doesnt mean silver is only worth $1. A print that low means your paper silver in your hand is worth 3 figures

>>20998101
>laughing jew sitting on a pile of gold in weimar Germany as a German goy drives around a pile of worthless fiat
Oddly accurate

>>20998069
civilizations are cyclical and within them are many smaller cycles within cycles.
Once you are aware of how things actually are and dispense of the idea of infinite growth/progress everything will make a great deal more sense.
Now this does not mean you can make super accurate predictions rather things tend to lets say rhyme and you can get the general feel of the upward and downward movements.

>>20998111
My point is this
You have 10,000 ounces of silver. It is revealed that its a shell game. There is no metal. What is your first reaction? You sell. Silver crashes hard. Silver could trade down to 0.01. Same goes for the Gold. You find out there is no metal. You have 1000 ounces. First reaction? Sell. Sell it all. This applies to every product. You could have misleading price action where gold or silver or even artisanal lavender beeswax trades down to $1 for the simple fact that its worthless. A print that low doesnt mean silver is only worth $1. A print that low means your paper silver in your hand is worth 3 figures

>>20998111
>>20998147
what is going on here are you samefagging to yourself on different machines?

>>20998147
Like it's impossible to not make huge $$$$ in this market if you follow one simple rule. Don't buy physical metal it's all fake and gay

>>20996697
According to my calculations there are .07 oz in one merc dime, there fore, scientifically, one OZ of pure silver would be worth just over 14 blowjobs

>>20997111
keked and checked.

>>20998215
hes salty because he paid 89% premiums instead of being a smart hot potato jew with derivatives

This shill definately sounds different than the last guy (((they))) sent to bother us, i think the last guy had a little breakdown, you could see the stress in his postings over time

When will they shut it down

>>20997573
>>20998041
hopefully some other places do it too. crazy to see them do that when nobody had done it for months

>>20998402
3am

>>20998402
26.30ish probably, its at the new price point for today's trading session

>>20998363
Finally someone who can understand the ravings of a lunatic (me) well here's another buttnugget to peruse.

Just getting in early because this is so important so that I can repeat this from the last thread because of the urgency of speculation compounding FOMO/FUD

"GDXJ and SILJ will get delisted due to Force Majuere soon, and the people here who are foolishly buying options on them will lose everything as they should. This video will explain it all to you in detail but only if you watch it, in detail and with active learning

https://www.youtube.com/watch?v=XliHE6QgljY&feature=emb_title [Embed]
you should be doing either one or both or neither of two things,

1) Buying EFTs to hold in your possession i.e. your hands , paws or meathooks, if it's not in your hand at your job you will be canned. Simple as

2) Buying the GOLD and SLV stocks and EFTs on the stock market. This is important!

3) Shorting Sprott EFTs, ETFs and other so called funds of funds. Look into non shared warehouse speciation custodial lots risky scheme ICYMI

Chris Marcus interviewed over a hundred people in the anime futa industry for his book "The Big Silver Shorty Pants," and, when he would ask each one how many owners there are for each mercury dime, he never got an answer lower than 500."

https://www.youtube.com/watch?v=egD6yjimNno

>>20998111
>>20998147
>>20998194
My point is this.
Everything crashes to $1, I buy it all, and I become the next generation's JP Morgan

>>20997441
No. Stabilization at 30/ozt

>>20996847
Gracias amigo. I was wondering that.

i'm getting serious physical silver buying FOMO right now, i'm a poorfag and can only really afford maybe 10oz of silver, do i do it bros? really like the asahi rounds and want to get those...

>>20998373
Always remember to filter and record id 5sX6zwLa

1) He posts 2 times in each thread mocking me for paying 63% premiums

2) He takes other people's posts and manipulates them.

3. He laughs at my naivetee and missing chin He scams people into savingg their money. This is an outrage. Reeeeeeeeeeeee

4. He/them/they make obscene and unfair profits while laughing at me

>>20998448
>"Buy when there's blood in the streets, even if the blood is your own."

>>20998513
https://store.firstmajestic.com/product/view/105
Premium is limited here. You buy straight from the mines

>>20998457
When? Last time I bought at around this price I lost a lot of money.

>>20998513
No. Order of operations are as follows.
-Vehicle
-Guns
-----Land----- Optional
-PMs

>>20998513
10oz is not going to make you rich but in a shit hits the fan scenario it might just make a big difference.
If you already have a gun pick up a few they are great.
If you don't have a gun get that first with some ammo and get your ass to the range to practice.

50 future BJs secured

>>20998553
It's still going up.

>>20998513
Do it. Silver will be $100 in the next 5 years. Just buy small regular amounts.

>>20998603
Secure the bjag

Bought Digital Silver. Will I make it silverchads?

>>20998603

based and headpilled

>>20998682
No. You're a fool.

What do you guys think about allocated storage? As in proper allocated storage where they put your silver in a vault.

>>20998741
Mike Maloney seems to be an advocate for that. I'd be a little nervous about giving Brinks my metal in the event the government instated some kind of confiscation scheme but idk.

>>20998682
If you bought SLV you are going to make it. Real paper silver for the modern man

>Are you really going to spend your surplus income on physical metals?

Yes.

>>20998741
Are you fucking insane?
Buy a safe. Even a small one. They are 50lbs on their own. Put another 50 lbs of PMs in there and bolt it into a concrete floor. It's not hard.

>>20998741
That's very risky and what Shady Sprott does. Hence the underperformance of PHYS and it's cousins to giga Chad SLV

>>20998016
Ok, why? I'm not saying I'm an expert but what's the likelihood society collapses once USD dies and what's the chance we adopt PMs as the new world money?

>>20998682
coinfags need silver to go up 89% just to breakeven

youre already in the money, so I'd say pretty based

If $26 EOD I'll buy 10% of my current stack.

>>20996536
Why do all the physical holders insist on coins?
Why wouldn't you just buy bars?
You'll get more for your money..

>>20998741
You could, but when the USD collapses there will be real supply line breakage. Who knows how long it will last, but at this point not having the physical PM in your possession exposes you to massive counterparty risk.

Get a safe, or get a food saver vacuum sealer and bury your shit in your back yard.

>>20998839
I'm already well in profit. Some idiot on ebay accidentally sent me a 1kg bar a few weeks after I had ordered and received a 100g bar.

>>20998682
If you bought the sprott physical silver etf then you'll be fine

Now I’m worried is there going to be a pull back or are we just going vertical now

>>20998875
Coins are harder to fake than bars and will get more back when you resell them.

>>20998839
I do appreciate how the percentage goes up every time you post.

>>20998834

SLV is subsidized, the gov. (ie. tax payers) are paying the $3 difference on behalf of the producer, the miner still gets shafted regardless

the difference between spot and SLV is that the actual bullion market deals exclusively in LGD bars that are 400ozt for gold and 1000ozt for silver, you cannot sell or buy anything else in the bullion market, coins and small bars start off as LGD bars from the market that get broken down into smaller quantities hence the added cost, add to this a halt on production and refining thanks to coof19 and you have high premiums on SLV on top of already high premiums on junk metal just from dealing in small quantities that dont trade in the real bullion market (SLV and GLD)

>>20998919
Smaller denominations as well. Better for trade.
I don't enjoy the idea of taking a hacksaw to an ingot just to get the amount right. The extra you pay for coins is well worth the trouble you would have otherwise.

>>20998776
>Napoléon
For me? It's the 20 francs COCK

>>20998875
I go for SLV due to anti counterfeiting technologies and vaguely acceptable frictionless trading, PSLV if they're cheap to NAV to round out my purchase if I'm willing to suffer Shady Sprotts non allocated warehouse contamination and decay, petty shit for my magpie brain. I'll buy more if it's on sale or fits my little 5 fig manpurse. SLV rounds are nice too, but I'm staying away at this price. Collectibility somewhat matters to me up above $20 USD it seems.

>>20998955
>the miner gets shafted
haw haw, i see what you did there.

>>20998955
>miners
>shafted

Teheehee

>>20998834
When the Venezuelan bolivar collapsed people there moved to using three things as currency:

USD
PM
BTC

When the USD collapses there will be a long transitional period (months to years) before a new currency emerges as the world reserve. It will take even longer than that for said currency to break its way into the markets for average people to use. What do you think they will do in the interim?

> 10 years after the collapse
> those who hold physical silver living like gods
> twenty morons who have been living off of semen bragging about their 10,000 shares of slv

good luck, paper silverfags

>>20998977
Checked. Also if we had a gold standard couldn't you just get the appropriate sub divisions necessary without any premium BS? It doesnt cost me to break a $20 into ones. If we had a silver standard why would it be any more difficult to convert a 10oz bar into 1/10oz coins?

>>20998979
I want that. Where to get?

>>20999095
I wrote you a poem newfag

Paper silver is ok
Physical silver makes you gay
Premiums rob
Premiums steal
Paper silver is the real deal
SLV SLV
It's the only place to be
Keeps me warm
Keeps me dry
Everyone says I'm their guy


Hiyo silver and buyo SLV

So this loser is up to what, posting on 3 devices at the same time? September can't come soon enough.

Okay, this shit is getting scary now

>>20998617
>5 years

>>20999095
here I wrote you a haiku inspired by the other chad

SLV is good
No premiums or jew tricks
Coinfags got scammed

>>20999137
In Europe pretty much everywhere

>>20998741
Imagine something happens and they can't hire delivery guy. You are locked out until they can deliver again, but when? Thus year? Next year? Meanwhile you starve.

>>20999275

>down 10% in one day

LOL

Glad I got my 100oz and my Linkies. This economy is fucked. Hope you guys have food and ammo too. Stock up now.

>>20999275
What happens when it reaches 0?

>>20999106
Because of the energy, time, and machining necessary to produce coins as opposed to bars.
Coins will always have more value for their weight than bars because it takes more production to create them.

>>20997853
I bought 40 oz, so it only added like $1.25 per oz. So Total out the door price was $29.25/oz with spot at $26. They also thankfully did not charge sales tax....as all of the big dealers except Scottsdale add that due to my location. So $29.25 is good for what I can get.

>>20998784
Some chink safes on amazon are easy to cut through. Spend proper money and buy a white mans safe.

>>20999304
How do you pronounce "scammed" with two syllables? Do you say "SKAM-med" or "skam-DUH"?

I'm out of my paper positions since my trailing stop hit on the 28th, was expecting more of a retrace. Been looking for a reentry but I don't feel good about pulling the trigger right now. If we don't smash through 26 convincingly today this looks like a double top to me. Daily and weekly are ridiculously overextended. 18 green weekly candles makes this almost the longest run silver has ever had. DXY is going to have to bounce at some point, and I also think the inevitable stimulus news will stall out silver's run temporarily. I think I'm going to stay on the sidelines a few more days before shopping for November calls.

>>20998018
Phew. I have 3 orders with about 300 oz in total sitting in processing since right before silver took off.

>>20999390
You already know the answer to that.

Ummm..... can we like go back 6 hours ago prices? I need to buy more.

>>20998513
What this anon said >>20998531
I just bought FM too for the first time. Not my first silver buy, but considering prices, these aren't too bad. If you can only afford 10 oz, they have a tube of 1/2 oz rounds totaling 10 oz. Very reasonable pricing.

>>20999421
oops I miscounted

heres a fix

SLV is good
No premiums or jew tricks
You coinfags got scammed

>>20999390
It keeps going. God darn I need to get my 0% APR card before they stop the deals.

>>20999424
IM holding my OCT calls till mid September. I bought in march around the lows, So I am ITM on most positions. Took some profit off the top to pay for the entry, will likely take some more off this week, but Im holding on to most of the position until first week of September. Any stimulus or unemployment we get I will be using to buy more physical.

>>20999390
He who owns the pants controls the universe

>>20999413
Such as?

>>20998444
I cant keep up with the gets in PMG

shit just got hammered a minute ago

>>20999999

>>20999424
I would probably change my tune if we can consolidate above 25 for a few days, and definitely if we break last month's highs. macro is still uber bullish, I'm just hoping for a better short-term entry.

>>20997047
Yamana is unironically going to $10 this fall when the masses discover junior miners. I’m accumulating a stacks of 100 right now so I can sell calls into the fomo later.

>>20999604
There was that one thread with double 777 trips, that was bonkers

Bought some so called "silver and gold" sweet corn to celebrate my massive penis and gonads. Thinking of reporting them to the SEC for fraud. Never trust physical it's all fake

>>20999639
too soon, anon.

It's never going down again is it?
Im never gonna be able to buy silver at $18 an ounce again will i?

>>20996758
I have a student who has been worried lately because his family’s jewelry and watch repair and sales company hasn’t had much repair work. I haven’t seen him for a few weeks. I feel like he won’t be as stressed next time I see him. They are an old family business and have lots of precious metals.

>>20999729
Sorry, our friends did all they could to give you another chance to buy. You had whole weekend at the beggining of the month to buy.

>>20996662
Dump it all into Dogecoin.

the kike is samefagging now, getting a little desperate.

>>20999729
Hahahahahahahahahahahahahaha!
Hahaha....
No.

>>20999729
It looks like its not going to stay at 26 so it kind of went down. Maybe looking at a spot price ~25 at the moment
This is a good thing anon at least you have some silver and/or gold.

>>20999774
Yeah and all I've been doing is losing money and waiting for UI to finally come through

Why is this paper silver shiller so adamant in these threads? Is he autistic, schizo, or just a fucking spook? I cannot understand how someone can be so dedicated to shitting up these threads.

I AM FINANCIALLY RUINED
WHY DID I BUY THE PEAK
AAAAAAAAAAAAAAAAAAAAA

>>20999390
In real terms (accounting for inflation), the yields are already negative, which is probably why they're nosediving.

>>20996662
Buy Decred on 'trex. Buy 1 Oz of gold, keep 5k cash, and spend the rest on SILJ and GDXJ.

>>20999789
Comfy gains kill the assblasted zoomer stacklet.

>>20998912
alright Sprott is the etf for sure. But my concerns are: 1) canada has no gold reserve, I think they are more likely to confiscate PM and PM miners (especially since Sprott holds their physical at Royal Canadian Mint). 2) No idea how the foreign investment tax form works.

Any insights regarding either drawbacks?

>>20999841
He was absent for shabbat and if I recall his hours aligned rather well with the time in tel aviv.
He may be autistic or he may be paid by Israel to shill

We are all gonna make it lads

Just make sure you have guns and are in good enough shape to carry your stack

>>20999841
I can’t see anyone having faith in physical silver or any other PM when it becomes a fact that it’s not backed by SLV and the real amount of SLV is way less then what’s been trading on apmex and thus suppressing the real value of SLV per share.

What will happen!!??? I just want a farm so I can stop fapping to images of 40 year old moms and stop stumbling with my relationship with Christ because I am a wage cuck!!

>>20999789
>hates jews
>calls jews racist names
>loves silver
>gives a jew half his silver

Sorry schizo this does not compute

>>20999841
I'm trying to help you get rich you absolute brainlet with actual downs syndrome syndrome

>>20999888
Double trips confirm israeli shill
Gtfo jidf we're wise to your tricks

>>20999895
So basically this but with silver/gold

i'm hard as platinum

>>20999888

Polish tradition: painting of a jewish man counting coins. It will bring you wealth if you get is as a gift(can't buy it yourself), put a penny inside the frame and hang it upsidedown on a wall. This way he will loose gold coins. According to english wikipedia it is very antysemitic but not in Poland, where you can buy those everywhere. New pmg theme?

>nothing to see here goyim, just totally normal market action ;^)

This fucking boomer, jesus christ

>>20999999

>>21000104
lmao

>>21000077
How is that even antisemitic tho

So tell me /pmg/ what is your next bottom for the second leg down? Will Silver make it bellow 10$ this time? Or do you think this is all over, because the dollar is obviously getting into trouble.

I have a little exposure already in all kind of fiat hedges, but I will certainly not FOMO all in now. This fucking thing has to come down again and the margin calls will certainly impact metals hard again. This time it's probably falling less than the index funds I suppose. I have a buy order for silver at 12.05$ and Gold at 1612$.

>>20999897
>physical silver or any other PM when it becomes a fact that it’s not backed by SLV

wut

>>21000167
https://en.m.wikipedia.org/wiki/Jew_with_a_coin#
Dunno, not clearly stated.

>>21000208
My point is this
You have 10,000 ounces of physical silver. It is revealed that its a shell game. There is no metal. What is your first reaction? You sell. Silver crashes hard. Silver could trade down to 0.01. Same goes for the Gold. You find out there is no metal. You have 1000 ounces. First reaction? Sell. Sell it all. This applies to every product. You could have misleading price action where gold or silver or even artisanal lavender beeswax trades down to $1 for the simple fact that its worthless. A print that low doesnt mean paper silver is only worth $1. A print that low means your paper silver in your hand is worth 3 figures

>>20997064
>We need to be careful not to get caught holding bags like the people in 2012 did also...
The people back in 2012 who bought PM's at the high and were left holding the bag when prices crashed are making mad money right now as long as they held those bags long enough. Remember that, never sell your precious metals if the price crashes, it WILL go back up eventually. Even to the point where you can make a profit.

Never panic always hold.

hello frens

>>21000231
>Jew_with_a_coin
>coin

need I say more
enjoy getting scammed coinfags
either make money on SLV or pay up goy

>>20998513
10 oz of silver in 140 mercury dimes

Having $14 face of mercury dimes will help you immensely when it comes to post-collapse bartering

>>20997831
Fiats have failed, but they have always recovered by resetting themselves relative to other stable currencies.

If the USD goes as the world reserve now, it will be an event that has no historical comparison. The level of global financial and economic interdependence founded upon the USD as a world reserve currency is massive. Add to this the fact that many major industrialized countries are currently following the US's footsteps in terms of unsustainable debt and significant money printing. It's entirely possible we could see the world reserve collapse, PLUS multiple other currencies collapse at the same time.

We're potentialy in a situation that is really on another level to previous fiat collapses. It's possible that when the USD actually collapses there will not be ANY "stable currencies" in the world for a time. Again, this doesn't necessarily equal Fallout, but it would mean that every country doing a fiat reset will have to do it relative to something physical (like gold) instead of relative to some other fiat (like the USD, as has often been done).

A reset to physical means the potential for a MASSIVE upset in world economic power, especially for countries like Canada that have ZERO fucking gold reserves which would make Canada literally unable to buy anything on the international market until it sells off commodities/assets to acquire some gold, which you can guarantee would be done at prices that would impoverish the country to levels far below where it is now.

>>21000204
>second leg down
Lol do you watch David Brady? You fucked up bigly

>>21000104
>How do I hang up?

>>21000601
classic

>>20999501
Come on jews

>>21000317
if they held them, they held them for 8 years at a loss during the biggest bull run in American history. Unironically would have been better off to sell and buy back later in hindsight, but I agree with you not to time the market.

>>21000077
>New pmg theme

Lmao perfect. A picture of a jew charging pmg a 63% premium. Based Pollack's tried to warn you against stacking

>>21000666
Double trips AGAIN
Jidf pls dump price to $5/oz

>>21000430
I need to start getting junk. I only have ASE

>>21000519
>David Brady
no idea who that is, what is his bottom for pm?

DO NOT BUY PHYSICAL
DO NOT BUY PHYSICAL
DO NOT BUY PHYSICAL

I bought 1k ounces thinking i'll be able to make a million dollars when it hit 1k/oz

I tested selling my silver tried re-selling to online dealers, tried gold and pawn shops.

NO ONE BUYS SILVER!!!!
REMEMBER THIS. NO ONE BUYS IT BACK. IT'S A WASTE OF MONEY. WHEN THEY DO BUY IT BACK THEY ARE ASKING 50%+ BELOW PRICE.

Even at 1k expect dealers, shops to pay you 30$/oz

DO NOT BUY PHYSICAL
DO NOT BUY PHYSICAL
DO NOT BUY PHYSICAL

>>21000758
Yes buy at the top plus a 43% premium. Dont wanna miss out on that! Pay shlomo now

>>21000870
Lol, I bought most of it years ago. Like 2006. Haven't had money to add to the stack since. Too much going on.

>>21000858
But if we buy silver then how is no one buying?

>>20998603
is that fascism?

>>21000858


Ive sold before, they usually just give you 1$ under spot.

>>21000858
>pay 50% premium
>silver goes up 100%
>sell at 50% discount
>profit

the jew hustle

>>21000204
There's not going to be a second leg down as long as treasuries are collapsing

>>21000758
cyber rounds are the way to go if you can get them.
When I purchased them it was essentially the same price/ounce as buying a 10oz bar.

>>21000858
You can sell online.

>>21000858

this is a dumb lie

>>21000858
My LCS is buying Silver eagles for $26 Right now. Just called.

>>21000971
I want less than 1 oz silver atm.

>>21001076
Provident metals is buying them for 29.22

>>21000858
>>21000962
you really upped your game, ain't gonna lie, but you still need work on your samefagging. Maybe ask your colleagues for tips, your handler must be pretty pissed at the lack of results

>>21000456
>Canada that have ZERO fucking gold reserves which would make Canada literally unable to buy anything on the international market until it sells off commodities/assets to acquire some gold, which you can guarantee would be done at prices that would impoverish the country to levels far below where it is now.
rolling for US to annex canada

>>21000967
Why? Because large investors can't flee into treasuries? I get that this certainly can have some kind of effect, but the stonk market is still at least 300% overinflated. When all this new investors see shit fall, they will completely panic and keep selling the bottom. This will all come down very hard and I can't see how this is not going to happen this year.

>>21000858
I have sold before, as well. Even for generics i was given spot price.
You should always DYOR with these things, thats why i figured id dip my toes into selling.

>>21001099
What about mercury dimes? Junk silver can usually be had for a rather small percentage over spot.
Besides for meme value alone its worth buying a few. its the reason I ordered 20 the last time i purchased rounds

how does it still keep going??

GOLD OVER 2010
>GOLD OVER 2010
GOLD OVER 2010
>GOLD OVER 2010
GOLD OVER 2010
>GOLD OVER 2010
GOLD OVER 2010
>GOLD OVER 2010

>>21001121
maybe with a guy like Trudeau they might nationalize the mines?

btw bong here buying silver £0.10 a gram under spot feeling smug && comfy

>>21001206
>Parabolic mode activated
>DOOMTRAIN Full Steam Ahead

come on people... stop replying to the troll...

He is in over drive and has multiple ID's and is blatantly evading bans/filters.

REPORT and move on

LCS where I normally buy and sell is offering 110% spot for silver right now...
If I call them back more then 5-10 minutes after they let me know they have more in stock, they are sold the fuck out.

>>21001142
because as long as treasuries end up losing you money and the world's printing presses are working overtime you may as well buy an asset (preferably of the hard variety) and hope for the best

I feel like gold is going to skyrocket because people are fomoing hard right now, and then will correct but who knows to what level

>>21001208
holy shit come on $3k CAN

>>21001225
I wouldn't be surprised, it would honestly be the country's best chance to survive.

I think we are going to make it bois.

>>21001206
same with silver me thinks this is what actual supply and demand looks like.
amazing that when people want things the price goes up if supply stays flat.
funny that

Why is Jamie letting this happen? Are they just not able to keep it down anymore???

>>21001121
I have more PMs then the government, people like me will just take over, would be a vast improvement for all involved.

Everything east of Manitoba would be exiled.

>>21001277
Replying to myself that's not to say there can't be 25% pullbacks and what not but there's no reason to expect PMs to totally eat shit anytime soon

>>21001121
Fuck no, keep Canada cuck voters outside the USA.

>>21001225
Honestly I am not sure how they would or could do that here. Mineral claims themselves are protected stringently under Canadian law, its nearly impossible to loose them unless its a fuck up on the owners part. I ve only ever seen a claim be taken by the miners inspectors office, and that was because the owners ran off without paying a $2 million fine.

>>21001172
you are replying to a troll anon, report, and move on. Guy has 4+ ids going all at once. Nothing makes me want to buy something more then some shill shilling against it.
>>21001206
There is very little resistance until 2500-3000 for gold and 30-50 for silver.

>>20999895
Hope you have a good back.

>>21001404
could they make a law that would require the mines to sell to the government at a set price or something?
Maybe not nationalize the company but force the company to sell all their product to the government?

>>21001225

> nationalize the mines

Uh oh, Panman will be a government worker at $15CAD/hr.

>>21001173
Thats what I am thinking. Am just waiting for some of my trades to reach some of my targets. Im self employed, but there isn't really income to be made for me right now, so I can only buy stuff with trading gains atm.

>>21001457
that already happens, most mines sell directly to the Canadian mint, or the smelters do it instead. I have no clue why our government keeps selling all our gold as soon as it reaches the mint, its incredibly stupid.

>>21001404
I was under the impression that canadians have zero property rights and anything can, and will, be taken by the government should they decide they need it.

Hopefully the 100 or so men with balls left in this country realize that they could easily take it over and do so.

Futures strong

>>21001470
FUCK NO!! I REFUSE!!

>>21001404
He will just find some obscure part of the constitution and interpret it to allow unlimited power. Like the commerce clause in the US constitution.

>>21001121
lol i didnt knew Cucknada didnt have any gold reserves, thats especially hilarious since the Maple leaf is sold everywhere

Teetering over the edge of the abyss

>>21001517
mineral / placer claim rights were challenged back in the 1940s here, they are one of the few things the government cant just come in and confiscate without full recompense. Basically the gov could come and take the mines, but they would have to pay every company an insane amount of money, it would not be worth it.

>>21001513
I suspect it has to do with this
>The prime minister, Justin Trudeau, articulated this when he told the New York Times Magazine that Canada could be the “first postnational state”. He added: “There is no core identity, no mainstream in Canada.”
https://www.theguardian.com/world/2017/jan/04/the-canada-experiment-is-this-the-worlds-first-postnational-country
I think that government of Canada has sold themselves out completely to the banking elite. They government does not see itself as an individual nation but just an administrative zone of some larger post national structure and therefore does not need gold reserves.
Personally I find it disgusting but this is what the people in power want.

>>21001452
kek nice, was just gonna ask for somone to edit that pic to put silver + a gun in, can you add a gun please?

If you cant lift 100 pounds then you are NGMI. If you have more then 100 pounds of silver, I will lift it for you for a fee. Stacking lead makes for great silber moving muscles too.

>>21999999

>>21001672
how much is there?

Close but no cigar.

>>21001647
I wouldnt put it past this government to decree that they can do whatever they want at this point, morals, legalities, and rights be damned. They did it with guns, so no we are moving towards them doing stuff they are afraid to get shot over.

What is silver miners and how do I buy it?

Got $100k I can spend

This shits crazy

>>20998769
That's why you keep it offshore in Switzerland, Singapore, or Cayman Islands

>>20999870
Sprott taxes are one half of SLV or GLD (15% vs 28%).

You do have to fill out a form and mail your tax returns however. Instructions on their site

>>21001786
>100k
Buy physical nigger

>>21001732
about tree fiddy

>>21001758
It would be political suicide to do so, this country is run by the natural resource sector. I dont even know how to describe how bad that would be for Canada.

>>21001672
What gun should I add?

>>21001830
You expect him to throw away $50,000 ?

>>21001786
spend half on physical so you dont get fucked, and then HOLD it till 100.

spend the other half on pic related, those trains are still in the station. Hold the stocks till at least 4x

Just discovered a small bag of coins i had saved years ago. Can anyone help me identify what coins these are and if any are worth any amount? I'm a newfag when it comes to silver and i just vaguely remember saving these things so many years ago. Any help would be appreciated, sorry for the bad picture

2020 boys

Did the shorts run out?

>>21000330
Based krugers, would sip scotch and discuss PMs with

>>21001950
>>21001950
>>21001950
Freshly baked bread

>>21001974
fuck off, kike.

>>21001877
they screwed over oil, would rather use boats going through panama canal to ship from west coast to east coast.

I think you have been apart from the herd too long pan man, you are used to dealing with people who can think for themselves. Modern city folk are out to lunch, legitimately delusional and have become petty tyrants. Trudeau could nationalize anything he wanted and say it "was for the good of everyone" and not lose any of his voters.

>>21001974
Casual poster here, fuck off fag

>>21001989
based

What a day...

>>21001882
garand please, and a 1911

i envy your batbois anon, well done, very NICE!

>>21001751
inverse head and shoulders

Fuck yeah we hit 26 again for silver
No breaks on this train

actual new bread
>>21002139
>>21002139
>>21002139

ACTUAL NEW BREAD BAKED
>>21002155
>>21002155
>>21002155
>>21002155
>>21002155

>>21001358
yeah I also don't see PMs to totally eat shit any time soon. But stonks really should pull back harder than the last time. 25% PM pullback would be about what I am looking for. Stonks maybe 50%.

>>21002031
Trudeau only needs three cities to win an election, so it really doesnt matter either way. What concerns me is that the country is so divided against rural urban now that nationalization of heavy industry work such as mining would cause massive revolts across the country. If the government went and called dibs on the mines, they would than have to also get the suppliers and support infrastructure industries as well. Its so hard to even describe how many different jobs are tied to mining that this concept would effect.

>>21002156
my bread got dubs, go to mine
also hot asian ass

TY for baking to out do the faker tho

>>21001339
They're long now. We're all long. No brakes on this train.

>>20996591
>meth is not a currency

>>20998513
bro, you're cutting it real close

>>21001915
neat.
>1 American Silver Eagle
>1 Peace dollar
>1 90% benjie
>2 40% JFKs
>1 90% washington
>4 buffalo nickels (face value as it's just nickel)
>1 90% barber dime. Very cool.
>1 90% Mercury dime (for blowies)
>1 Jewsivelt (made gold illegal in 1933. what a fag)
>1 FAKE ASS CLAD jewsivelt (only 1964 coins and prior had silver in them because of Lyndon Blow Job)
>1 indian penny
get more

Jews spike silver price RIGHT BEFORE Lebanon is nuked.

I’m sure this is a coincidence.