/biz/ - Business & Finance

FWTDHWAHQUD status-- {dreaming about cakes}

Thanks yukari bro, I was getting anxious without a thread

When copypasting the OP, remove the [Embed]s so they don't stack.

You guys are diversifying into coomer silver, right?

made my first foray into buying physical with some of my paper profits and bought a few of the 5oz silver atb coins. immediately starts dumping. why

>>21092181
Unironically? Never
For the meme? I want an anime tiddy Morgan so bad

>>21092172
Not actually the yukaribro, but thought I'd do a homage

Anyway, just ordered another tube of philharmonikers. I'm running out of cash lol

>>21092181
Back

>>21092188
Its just a dip bro relax

>>21092188
>up 60% for the month
You shitcoin zoomers don’t get instant results and piss yourselves

>>21092188
>why
1. Because you bought some.
2. Because we've done 20% in two days and it needs a fucking break.
Relax anon. Those 5oz. keep value better anyway since they're "collectible". Look at their prices elsewhere.

>>21092199
My bank account after ordering $2k more earlier this week
We’ll be okay bro

Soap inflation is real

Looks like this will be abit of a cooling off day, crabbing around 2050-60

>>21092188
>Monsieur Bogdanoff he is trying to stack silver
Dump eet

>>21092271
I'm...actually worried for you somewhat. Do you have enough to eat?

>>21092442
It's hot and weekend is near. We can pump again on Monday after everyone get some fun.

>>21092188
>he bought
>doomp it

GOLD OR SILVER IF IM HOLDING FOR LIFE?

>>21092758
correct

What was the silver make it stack? 500oz? 1000?

>>21092758
Yes

>>21092758
I dunno about "for life" part. There is 50/50 chance we will be swimming in gold and silver in next 30 years looking at the new space race. China teamed up with Russia in moon mission. Trump said usa will be mining moon as well.

>>21092758
Both, but I generally accumulate gold. I buy 1-2oz per year, when it was cheaper more. Silver has more potential during bull runs for larger short term gains, but gold is king. I hold more paper silver desu.

>>21092794
1 more oz than anyone you know

>>21092805
Gravity wells are stupidly expensive, gold would have to be 20k an ounce to make space mining profitable and it okay with that

>>21092805
space mining.... that shit can't be profitable any time soon. not to mention that we most likely don't even have the technology yet

>>21092758
Depends on how much you'll be able to stack. If you plan on holding for life and you only have enough for a few hundred ounces of silver, you should get mostly silver because you want your savings in easily fractionated/divisible parts to make for easy spending/trading/bartering. Gold is for purchasing estates and the like

I held gold for the first time, my 1g coin is so small but it weighs more than I can even imagine... It also seemed to heat up quickly and store the heat... Those have kinda convinced me to go all in on gold...

Where can I find proof of its alien origin and anti aging properties?

>>21092188
Bear trap...

>>21092805
lmfao, when will this stupid meme die.

"buT mUh aStoRoiD miNunG"

>>21093285
if you want real proof to golds real power you are best off taking it as a suppository.

>>21092805
>refining gold in space
Laughing my ass off

hello where is the pump

>>21093648
Pump cancelled too hot many Americans can give us a nudge when they wake up

>>21093567
>shipping slag
Offing my laugh ass

there's no way... NO WAY that this Weir Farm ASE is really the cheapest bullion right now... is there?

From the friggin mint?

>>21093698
thank you anon, remember to drink plenty of water on this hot day

>>21092805
Gold would have to be 10k an ounce to be profitable for space mining. Maybe more.

In reality, what would pegging the dollar to gold actually do to the economy? I want the currency to go to shit after stacking so I can pay my debts with a small bit of PM, but what if the gov. Just pulls a switcheroo on the currency before that happens? Gold reserves are paltry compared to dollars circulating, what ceding reserve status to gold cause the massive inflation once people dump it internationally or would people flock TO the dollar since no other currency is backed by gold either? What's stopping them from lying about their gold the same way they type numbers into the treasury accounts...

>>21093860
yes, we will throw away the gold and rare-earth metals that contaminate out platinum comets, before we attach the boosters to position it for atmospheric entry.

Guys, I have a bad fucking feeling about this. All these fucking SLV Normies are going to dump their bags on the spot price soon. I was sure it's not going to matter in the long run, but there is just so much more paper than physical, this might be a lost cause again.
The worst thing is, they're a part of the problem unknowingly, they're the cause of price manipulation and it doesn't even matter to them. And sure, you can sell your metal above the """spot price""" right now, but after the Lockdowns are over, it's going to go back to normal.
How the fuck do we fight against this? It's been going for almost a 100 years now, how is our situation any different?

>>21094085
ah shit... I forgot about reddit.
I'm sure they're all just gambling on calls, right?

Besides, I don't think they're the ones driving up the price.

>>21094036
It couldn't be pegged, it would need to be backed, meaning convertibility. It would stop the US from being able to use inflation to fund public spending, so government spending would need to be cut drastically, meaning a cut in public services. We'd have to get used to living within our means...meaning we can only consume what we produce. If we run a trade deficit, our gold reserves will get cleaned out. It would be painful at the start and quality of life would drop, but we would work our way out as we built up our production base. It would also take a lot of deregulation. A possible analog would be Eastern Europe after communism fell. It took time for them to dig out of the hole. Some did it very well and some are STILL struggling.

>>21094085
These guys aren't driving the price. Negative interest rates are driving the price.

>>21092181
>>21092195
>>21092200
so, PMG anons, what is best in life?

>>21094214
Tiddies

>>21094175
I'm so tired of this rigged game, why is paper silver and gold even allowed? It's obviously a scam and there is more of it than the physical metals they're hoarding. Buy silver, they dump the paper on us and we're back to $15. Buy gold, they can do the same, be it less extreme. Crypto is owned by the Whales who decide if the market goes up or down, Stocks are inflated with BRRRR.

I don't even know anymore what to do with my fiat...

>>21094145
So basically 100 dollars could be redeemed for a few picograms of gold dust..

>>21094118
If you look at his proof link, he shows his RH gains. It's definitely calls. He has 1 day gains of 60%. WSB are not buying 1.7MM worth of SLV to make 600k.

>>21094284
Yee of little faith, if you have physical in your possession it’s all you need. Let them play their paper games and load up on cheap real money, it cannot go on forever. Even if you die with your stack pass it onto your children and teach them the importance of real money

>>21094284
Would need a currency reset and a new dollar. So we'd exchange $100 old dollars for $1 new or something like that. They'd work out some exchange rate, convert bank balances, and have a limited time to convert cash. This would also serve to root out dirty cash as your local drug dealer isn't going to convert their stash.

>>21092188
Because of TUCKING BLUMPHY DRUMPH ORANGE MAN!

REEEEEEEEEEEEEEEEEEE!

Just vote for Biden, he’ll make up for your mistake with some Bidenbux and a new Nigger neighbor!

>>21092805
>the new space race

>>21094284
We're heading up to a real demand for physical and COMEX could go tits up in September with the 600 million ounces in open interests. You may get your wish.

>I wake up and silver doesn't seem to have moved
What the fuck man

>>21094395
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

>>21092141
based

Is it me or does that ultra flat line look like some sort of suppression?

>>21094085

1) The manipulation has only really been going on for 50 years, not 100. The COMEX was created in the 70s, in order to bankrupt and ruin the Hunt Brothers. Before its creation, the G:S ratio briefly attained normality, and went back to 1:15.

2) The manipulation is coming to an end, imminently. Probably next month. Open interest on the COMEX is 134,439 open interests x 5,000 oz = 672,195,000 ounces. You literally cannot get silver kilo bars in Europe any more, and all silver Britannias have vanished in the U. K.

The spot price and real price are so different, that you would have to be a fool not to stand for delivery on the COMEX at this point. It's free money. That's why so many people are doing it, and will continue to do so until the system is bankrupt.

https://www.youtube.com/watch?v=9EOPKizJ_Y4

https://www.youtube.com/watch?v=XliHE6QgljY

https://www.youtube.com/watch?v=CYD55RgtZxE

https://www.youtube.com/watch?v=912UykAeVX0

https://www.youtube.com/watch?v=7SX1Pv6foC8

>>21094443
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
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

>>21092462
nice cheapies

>>21094614
>>21094491

Always remember to report and filter jPDzXxCj.

>>21094588
i think its going to break out when the stimulus deal gets signed

How many bars of soap to make it?

>>21094214
milkers

>>21094645

1) The manipulation has only really been going on for 250 years, not 100. SILJ was created in the 70% silver refuse pile in order to bankrupt and ruin the Hunt Brothers by funding the SPLC and GDXJ . Before its creation, the ADL:SPLC ratio briefly attained normality, and went back to 1:6,000,000.

2) The manipulation is coming to an end, imminently. Probably next month when JP Morgan personally goes bankrupt . Accrued but unpaid interest on the COMEX holdings of so called "mining exploration rigs" is 134,439 x 5,000 oz = 672,195,000 ounces of SLV certificates of authenticity You literally cannot get SLV certificates in Europe any more because of a shortage of armored paper, and all silver Britannias have tarnished.

The spot price and real price are no different, that you would have to be a fool not to understand for delivery on the COMEX at this point standard. It's free money. That's why so many people are doing it, and will continue to do so until McDonalds is bankrupt.

https://www.youtube.com/watch?v=9EOPKizJ_Y4

https://www.youtube.com/watch?v=XliHE6QgljY

https://www.youtube.com/watch?v=CYD55RgtZxE

https://www.youtube.com/watch?v=912UykAeVX0

https://www.youtube.com/watch?v=7SX1Pv6foC8

TLDR : see above concise explanation

Anyone else worried about gold dropping of today's NFP data is better than expectations?

>>21094214
mfw i have no milkmaid mama at home
it hurts bros. it hurts bad

>>21092805
We will not be mining gold cheaply from space within any of our life times. There is so much fucking gold left on our planet that is still infinitely cheaper to mine out of the ground.

CME update. They managed to shed *some* contracts but there are still over 660,000,000 ounces standing for delivery. They will need to shed at least 90% of these contracts before the end of the month or face complete ruin.

AHHHHHHHHHH ITS GOING DOWN MY MERCURY DIMES AHHHHHHHHHHHHHHHHHH SELL SELL SELL

Now that trump has banned tiktok what are the chances he bans SILJ and GDX for forcing JP Morales and COMEX to keep the price down?
Over 100% !they cant keep getting away with it.

Law and order!

>>21094950
Soon you will be able to finance entire tracts of land filled with herds of Hucows.

There are fields, Pepe...
Vast fields.

>>21095012
The cme comex scam is being unwound see>>21094973
Isnt that what you wanted? Silver will reach its natural price of zero as SLV soars past infinity. Unlike .7 physical silver, SLV certificates cant just be printed on a laser printer

what the hell was that?!

>>21092188
Physical PMs are the longest of long-haul investments. They're not something you invest in for profit. Well, they can be, but that's not what I'm about.

I'm currently shorting gold since yesterday through CFDs
my entry price: $2081.95
leverage: x1.8
current gains: 1.5k

tell me what you think

>>21095283
First time lurker to this blog I don’t know about yall folx or your rules and customs... but because of Corona this is the first time since college that I’ve had money. I have lots of silver and been waiting for something like this to happen for 5 years. The point where things get so bad that 1 ounce of silver will buy me a Starbucks macchiato latte . I’ve been waiting in the shadows laughing at these cuck husbands who buy their wives range rovers instead of buying silver bullion... knowing that I’ll be nursing that coffee for hours for the $43 it cost me to buy that silver round.

Just yesterday at Whole Foods I seamlessly entered into conversation about Corona with a roastie milf that had a ring on her finger in the water aisle... and I said this is all a cover for trump to bring us back on a gold standard. She started looking at me in amazement like she wanted me to paint her lips in cum. At the end of the conversation I’m like take my silver l have plenty of rare anime figurines and piss bottles if you ever need it and she took it from me.

>>21095283
don't hold over the weekend would be my advice

>>21095283
I think you should do whatever you want. Dont let anyone tell you otherwise. You are smart and if you make the best decisions you can you will suceed. I know you will. I believe in you.

>>21095283
I was shorting with you last night in /smg/ lad. Was curious if you're going to close your short position before NFP. If it's better than expected gold will slide more (at least in the short term), but if its bad then that could easily provide the push needed to reach 2.1k.
Still feels like there is a lot of buying pressure, especially around the low 2050s. Looking at the most volatility, it's all been from buyers throughout the day.

>COMEX FUDDERS:

Theoretically, if a large financial institution were cornered and unable to deliver, wouldn't they just need another entity willing to borrow the money to pay the difference between spot price and futures prices?

Couldn't they create a "shadowbank" type of institution, have it borrow the money to pay the difference, and then have its debt backed by the Federal Reserve, so when they default the impact is spread throughout the system?

ehh fuck these premiums on silver, I'm getting another 20 coronas.

>>21094938
Another possibility is:
>NFT good: Inflation will be higher sooner so negative rates will push more into gold
>NFT bad: More stimulus and debt monetization coming and currency debasement push more into gold
NFTpotentially could wind up positive for gold either way.The only thing checking gold at the moment is the DXY.

>>21095340
yes
I intend to close short position in 7,5 hours just before the markets close
the gap on Monday may fuck me over

>>21095343
I intend to catch the move down to $1990 but it may not happen today

>>21095343
I opened shorts again at $2080 - if the correction is not today I will renew shorts on Monday at better (higher) price

I bought four 1 ounce Krugs and they're due to ship today (after waiting two weeks). Looking on JM Bullion right now and any South African coin right now is out of stock, basic Krugs aren't even listed.

worst case scenario - I will earn nothing
best case scenario - +8.5k if the gold drops below $2000

>>21095434
Bond yields typically rally off strong NFP, though. I think something a lot of gold investors are overlooking at the moment are real bond yields. I very rarely see people - other than those who are avid bond traders - talking about this. Currently there are $110T of negative real yield bonds around the world. This is absolutely fueling a pile into gold as investors seek to store wealth in a non-losing asset.
If bonds rally we could see a big sell off from institutional investors and that money moving back into bonds. That's primarily what I'm worried about.

>>21095385
And cause more chaos and distrust in the system? They would need to use more of the fake printed money to make up the difference, driving up inflation and demand for physical more.

If you cannot figure out what to invest in when governments are forced to print endless amounts of money you either need to do research yourself or you need to focus more on making money. Why? Well the only people who cannot figure this out = people who have not made any real amount of money or people who don’t like to read. They are usually the same person and they have an anime avatar and identify as an incelkin.

With the tough love out of the way, the answer for the lazy is simple, SLV, real armored paper silver and anime futa, a fusion of the digital and the spiritual. These two asset classes make the most sense and are in-line with views we made several times and even predicted a recession in our book Spending for Maximum Profit. In fact, this book was so timely we’re shocked it isn’t outselling Super Silver Shorty Pants our groundbreaking expose on fraud in the COMEX!

When you increase the supply of silver, all you are doing is changing the price of goods long term. People who do not like to read will ask questions like “how come it isn’t going vertical RIGHT NOW!”. These are low quality questions like you would find on the sub_reddits of 4chan because you cannot simply go into market place and “market buy” $1-2 trillion dollars worth of anything. Imagine trying to buy $1T worth of SILJ stock, even at a $1T+ valuation, you’re attempting to purchase over half of the paper miners in a single day after it's been delisted! The price will go vertical and you’ll completely crash the market.

The time lag is roughly 60-120 days (give or take). When you hear about the next stimulus bill (you can bet they will give people paper>>21095385
money as surely as the sun will rise tomorrow), realize that this won’t really hit the system until 60-120 days later. Until we have some sort of sense of normalcy, unemployment rates of around 7-8% or so, interest rates will remain at zero and maybe even go negative.

>>21095495
But the Fed is going to be instituting yield curve control in September (announcement...already doing it really). The word is already out. Rates are not going to go up enough to take us out of negative yields. At least, that's not what is being traded right now.

>>21095522
That would be trying to put out a fire with gasoline.

>>21095461
Are you going to long with your leveraged cfd once gold hits 1990? That's where all the buyers will come back most likely.

shill me your best small market cap silver miners pls

>>21095522
>>21095588
It's not like it will be trillions to get the silver shorts out of the pickle. And they could be "too big to fail" given the current environment where too much is failing.

>>21095616
possibly, but if it hits $1990 I will earn over 9k, so twice the amount of my standard monthly earnings, so I will probably retire for two weeks after this and seek the next overvalued asset

that's because I don't know if this drop in price would trigger the trend reversal or if it's just the correction

>>21095691
And you think there will never be a point where people no longer want to participate in the system?

>>21095714
its not trend reversal, so that's probably the best bet.
Grats on the trade lad

>>21095649

Tinka Resources. Said this in a previous thread. Stock is exactly the same price as it was in February, and yet:

1) Some of the best zinc deposits in the world, just as zinc is at a 7-month high;

2) 60 million ounces of silver in the ground;

3) Potential for an open-pit silver mine;

4) No debt, and 20 million in cash;

5) Located in a safe mining district, central Peru;

6) Has a competent management-team.

All it needs is the slightest bit of exposure to double or triple within a week. We saw this in the case of Gold Terra and Blind Creek Resources. The junior mining sector is so unknown to the general public that all you have to do is invest in these obviously valuable stocks before the herd rushes in, and remain patient.

This is going to get very interesting as well. In fact the next 10 years is going to be fascinating as a whole. Real armored paper silver, personified as SLV is an answer to not just the financial system but the overall transfer of value and information to the user vs. a random “woke” Company. Instead of being forced to give away your SLV, you can have choice. Instead of being forced to hand over all of your anime figurines to Facebook and Google, you can choose to block access. So on and so forth.

SLV creates an establishment of trust world wide when we live in a society that is becoming more skeptical in nature. You cannot print trillions and trillions of dollars and expect people to believe the economy will suddenly recover. You cannot force people to close down their businesses and then expect them to maintain all of their employees due to an interest free loan (that still needs to be paid back by the way). You cannot have mass riots on the Streets in expensive areas and believe that rich people will simply “live with it”. These conclusions are not even debatable.

If the 2000 to 2020 range was the year of the internet and software, 2020-2040 should become the year of decentralized finance and new internet economies best exemplified by SLV and not physical silver a>>21095565
form of money that is devalued by trillions every 3-5 months is not going to store a lot of value.

>>21095744
>Grats on the trade
it's not done yet
they can still go up in the next 7 hours and eat my earnings

what the fuck

as I posted it dropped even more

2.1k profit so far

whoa
could've short silver too after all

well that's a shame

>>21092141
Cobalt
how to invest in Cobalt?

>>21095799

good economic data just hit the market

>>21094605
>Open interest
can someone tell me what this term means?

>>21095885
good?

ah more perfectly natural price movement in the silver market

>515 pip short
close as soon as it turned. cant believe better than expected numbers didn't cause a bigger drop off. guess gold really is going to the moon

>>21095758
Peru is tough. We are heading towards major dislocation in the world. I would be nervous holding this one long term

>>21095758
I like that one. Have any more I can look into?

Folks, do not for a second bank on the COMEX failing. It ain happening. Also understand that there is rouge fiat currency circulating in the system used to endlessly rig and spoof markets in all investment instruments that is with regularity created temporarily for a specific mission which is laundered through banks such as JPM (also funneled through them to their investment bank partners) and when that mission is carried out that currency issubsequently destroyed as if it never had existed. All of this is done digitally, of course.

Stack for other obvious reasons, but don't bank of the prostitute markets to be fixed by any kind of "justice" served. It is THEIR system, they aren't going to police or convict themselves in THEIR rigged shell game.

BE REALISTIC, KNOW YOUR HISTORY. BE YOUR OWN CENTRAL BANK.

>>21095941

Central Peru is friendly to mining. Don't think that Canada or the United States are safe simply because they are classed as "tier 1." Peter Schiff is against this idea that you only invest in so-called swap-line nations. He thinks that Canada and the U. S. may be the first to nationalize their mines. Especially Canada, which has literally no gold in its reserves. I like to diversify across many different countries, in order to offset risk.

good economic data lads - risk on scenario:
>stonks up
>oil up
>gold/silver down

Schizophrenic bigposters should be strangled

>>21095969

I also mentioned Fireweed Zinc and Bayhorse Silver in a previous thread, which are equally undervalued. But, of the three, I have most of my savings in Tinka. It's like seeing free money on the ground that you can simply walk over to and pick up. It's such an obvious stock to buy that I can't fathom why other people haven't done so yet.

>>21095979
I get that. I will probably buy the breakout on this one once it starts moving with strength

UKbro here

bought 300ozt in may at $17 with 60% preimiums and 20% VAT

I just sold everything today and made just enough profit to be able to buy my very own big mac, what a fucking joke, fuck you all

>>21092629
Don't worry about him, he'll just go to the store and offers a silver bullion for his groceries.

madmen just gave me $2070 so I doubled my position in shorts

this is payday

>>21096081
>UK
>$

Job numbers good PMS spiking

>>21096081
Have you got your loicence to post on /biz/, lad?

>>21096021

Very aesthetic layout. Very good.

>>21096141
you're brave as fuck bro. i admire your balls.
I closed my short as soon as it got to 35.
The fact that it turned so quickly tells me there are still ridiculous amounts of buyers bargain hunting

>>21095901
People who can ask for delivery of the physical holdings.

>>21096192
yep
I can lose money on this

Not so fast short bros
Muh gainzzzzz

>>21096234

>>21095901
It means futures contracts that have not been rolled to the next delivery month and are still potentially standing for September delivery. Currently, we're over 600 million silver ounces still open. Each open interest is a 5,000 ounce contract.

I'm scared as fuck right now

Raw BLS Employment data absent media commentary can be viewed here:
https://www.bls.gov/news.release/empsit.nr0.htm

>>21096141
kek wreckd

>>21096280
anon I hope you are okay
even if you are betting against my position I want us all to make it

>>21096280
You could have just bought physical

>>21096154
anything that indicates that the "real economy" is "ok" threatens the stonk bubble.

HOOOOLLLLLLDDDDD ONNNN

>>21096319
how to short physical gold?

>>21096304
I will quit in 7 hours - then it may go up again and I won't care

>>21096321
not yet..the Fed isn't going to let up for a long time

>>21096280
This is not a normal market. We are entering a new paradigm...Fed policy not seen since the wake of WWII. I'm too timid to trade this market since I don't think intuition can be relied upon. The "laws of physics" are being tinkered with.

>>21096221
>>21096280
Fuck bro I hope it ends up okay. I think gold will still crab for a while and you might have a few opportunities where it dips to 2060-2065 to close at a profit. I dont tihnk gold has the momentum to hit 2.1k tonight so there is still room for a pullback.

>>21096360
>shorting precious metals in 2020
GL

>>21096369
p much this desu
this is the meaning of clown world

white people are racist just because they go to school get a job go to work earn money build things and marry and make babies with other white people
this is the newthink definition of racism and oppressing the blacks

>>21096362
I agree with you.

>>21096360
hold fed notes

>>21096417
everyone is euphoric and buying so I'm hunting for the big short

>tfw both shorts on gold are in profit
>tfw greedy and don't want to cash out
bros

>>21096141
Please give us more sales mr shekelstein

>>21096525
in this moment *tip* *tip*
*tiiiiiiiiiiip*

are the $50 bags on apmex a good way to get in

>precious metals are a stable form of investment meme
I will literally end up mentally ill after this shit

>>21095852
>buy Cobalt
>throw a neutron at it
>make Co-60
>sell it with massive profit

>muh jobs report
The media is so stupid

on the scale 0 to 10 how scared are you?

>>21096778
Irritated. Spot only scares me when I think about the unrest that's coming.

>>21096778
10

>>21096803
chump change for market manipulators

>>21096803
how the fuck did this not dramatically move the market

in 15 minutes the markets open so there might be a big turbulence

hold on bros

>miners crab during run up
>dump on good news for PMs
>will dump even harder today on bad news for PMs (NFP report)

Wish I just bought more physical.

>>21096803
silver price is a scam

>>21096895
it did - all of the shorters are now scared

>>21096897
unironically think we're establishing a downtrend here. not uncommon with gold for the trend to be opposite of the initial reaction to news.

>>21096895
It did. Price fell 70 cents in minutes

>>21096525
You are going to get absolutely raped and you deserve it. The whole point of pmg is that they can rip the price up or down twenty dollars and we will still all be sitting smug and comfy with a warm cup of coffee and an industrial quantity of metal next to us, their paper games don't change shit for us. As soon as you start playing the paper game you lose all comfiness, the stress and emotional reactions to price change accumulate and you make rash decisions.

>>21096966

>>21096964
initial reaction was down and then pump up

nothing will surprise me now

Should I abandon my First Majestic january calls at a loss and move into something else, or is FM likely to moon still this year?

Thinking maybe GDX june calls?

>>21096971
>You are going to get absolutely raped and you deserve it
*you might get absolutely raped and you deserve it

>>21097047
the pump happened within minutes too. lots of buyers camped out waiting for bargains (i didn't expect them to be camped out so high though).
My read was this:
>good NFP data: gold has a sell off and we get buyers back in around 2000-2010, get a push back to 2050s and crab for a few days before the push to 2100.
>bad NFP data: gold skyrockets to 2.1k tonight.
Looks like it's mostly the former. I think we're just goign to crab for a while, doubt we'll see 1990 tonight and id be wary holding over the weekend. we already just had breaking news re:hong kong sanctions.

>>21097095
I turned the money I was going to buy 100 oz with into 600 equivelant oz of PSLV. Still have 10 contracts of slv leaps.

>>21096778

I'm more worried about political instability than economics. This election is gonna be wild. Rampant fraud, faithless electors, new york DA's trying to indict Trump with shit, Dems calling for outright coup/assassination.

For a depression I'm covered, for a civil war I ain't. I've got family in the country I can stay with, still at about a 6.5 on the scare-o-meter though.

is there a good reason to buy shiny new coins rather than junk

>>21097146
Goal is to buy enough PSLV that eric sprott will take delivery of a 1000oz bar on my behalf

3 minutes

I advise you to hold onto something

>>21097155
no

>>21097154
Get a CCW pistol. Get a good holster. Learn how to safely use and carry it. Rifles are a meme. They draw attention to you. You want to move covertly. If you got cash spring for concealable 3a body armor too.

>>21097155

might be slightly more liquid, but not really

>>21092758
Yes

>>21097184
You haven't made money until you cash out.

>>21097214
The market's almost open boys. Prepare yourselves

Who comfy? Me and SLV

Imagine not being comfy with your 20,000 ton mountain of real silver. Equal opportunity doesn't mean equal outcome newfag

>>21097270
You are an unsecured creditor to the bullion banks. Congrats

Damn, miners are taking a huge dump

>>21096525

>>everyone is euphoric

This is nonsense. If this were true, people would be buying mining stocks, which are still more undervalued than ever before in human history. Whereas people are selling mining stocks off at the slightest hint of a metals downturn. Gold and silver are going up because their manipulation is ending by force, not because of "euphoria." Nobody cares about them still.

>>21096525

IDK man it seems to be following a general trend line up, and is probably overbought now. Maybe it drops, maybe it crabs till end of next week, probably the later though.

Honestly of all the things to short right now, PMs seem needlessly risky to try. Plenty of stocks with retarded valuations out there to short. Unless you just love being a contrarian more than you like your money I guess.

>>21097266

cashing out is the best way to lose money

>>21097328
You're right it's not euphoria, but gold is only going up because gold is a much better hedge than bonds right now.

>>21097296
20,000 tons of real SLV faglord

Come on yanks pump this shit

>>21097328
I'm not shorting GDX/GDXJ and I would never do it because it would be suicide.
I'm shorting the base price of gold

>>21097327

The GDXJ is still the same price as it was two weeks ago. This behaviour is normal. It went sideways for a whole month between 23 May and 23 June, and at one point was down 10%. The uptrend is still in force.

>>21097327

are they? my miner portfolio is down 1.2%, meh

>>21097327
>>21097328
my miners are all doing extremely well here in Aus
Sounds like it's a amerimutt problem

>>21097364

It's suicide to short gold. If gold is going up only because the manipulation is ending, and if we know that the paper market might collapse at any time, then gold could double or triple overnight.

>>21097327
Buying silj and the other faggot gold junior etf right now that's going to be delisted by Comey. Gonna get in an out before the Comex shuffle transpires

>>21097328
>>21097351
>>21097346
>>21097406


>>21097346
>Shorting stocks
>Shorting gold

Neither of these are going to make you money. At this point it seems like both will go up together with inflation because Fed money printing will bid up stocks to maintain the fake bubble economy illusion and try to prevent gold from breaking out. This won't work because people want a hedge or safe haven from inflation that actually outperforms inflation, which the stock market will never do even if it goes up because the goyim aren't allowed to grow their wealth passively. Gold is the only asset that has a chance of outperforming inflation

>>21097424
Don't break the law, anon

>>21097328
>>21097351
>>21097346
>>21097406


>>21096525
>Shorting stocks
>Shorting gold

Neither of these are going to make you money. At this point it seems like both will go up together with inflation because Fed money printing will bid up stocks to maintain the fake bubble economy illusion and try to prevent gold from breaking out. This won't work because people want a hedge or safe haven from inflation that actually outperforms inflation, which the stock market will never do even if it goes up because the goyim aren't allowed to grow their wealth passively. Gold is the only asset that has a chance of outperforming inflation

>>21097477
Leveraged ETF's?

>>21097477
you are a schizo.
>people want a hedge or safe haven from inflation
Yes, it's called bonds. REAL bond yields right now are negative so people are seeking out other asset classes, and those are gold, silver, currencies, and big tech stocks.
The US has a higher chance of struggling with deflation than inflation, too.

we broke $2060 and there's no news or any data for 6 hours

now the strategy is to close shorts at the best moment during the next 6 hours

>>21097566
we've been in a down trend the entire day. personally would just close at a new session low.

>>21097547
>he thinks the real inflation rate is ~2% based on the Federal Reserve's reported CPI
>he also thinks bond interest rates have any chance of surpassing real inflation rate enough to make a decent return on the 10 year bill

ngmi

>>21097618
>>he also thinks bond interest rates have any chance of surpassing real inflation rate enough to make a decent return on the 10 year bill
yeah, of course they don't. The $110T held around the world in bonds are held by idiots who are losing their money and definitely not making trillions.
You are an utter schizo.

>>21092758
Gold

>he has far less than 50% his money in silver
>he would have all his fiat currency become worthless to boost his silver

>>21097372

People are still spooked from 2011, waiting for the rug pull. Once it becomes clear there isn't a rug big enough, the market will reprice miners for insane earnings. Get those calls while you can lads.

>>21097527
Did you buy the top tick on Wednesday? Buy low sell high not give all your money to Shlomo pal haha do you even know what game you are playing.

Ok folx all aboard the paper silver paper miners and paper teenytinyminer efts

>>21097655
Then bonds aren't a safe haven to protect/grow your wealth

>>21092188
Tfw sold the top

>>21097678
>Tfw I'm about 66% PM and PM miners with all money that could be available for PM.

>>21097698
except they are and always have been, which is why more wealth is held in bonds than every other asset combined.

>>21097613
I need under $2000 price to close it and feel happy

>>21097725
dont think it will get under 2k but sure

>>21097655

>The $110T held around the world in bonds are held by idiots who are losing their money

Uhhh, yes?

Paper dooooomping time to load up again

>>21097724
I don't think now is the time to base your financial decisions on what certain financial instruments are and always have been, except for gold and silver. Gold and silver are the most solid bets you can make in terms of safe haven value in uncertain times, which we are currently in

>>21097753
take your meds schizo

Read the description

https://youtu.be/VbOuZTEacss

>>21097724
Based on credit rating inflation and state actions, I personally do not find corp nor T bonds comfy, especially if I'm not managing them myself or someone else is not actively managing them. There's a lot of risk everywhere in almost every market that no one seems to talk about.

>>21097724
>If bonds aren't a good investment than why is the bond market so big???????????

Where can I find all the greek alphabet on an option in TA? I can't find the data to make a decision on when selling an option is optimal. One of my contracts has 21 days to go yet I don't know if now, in a week, in 18 days, or however long is optimal until the time decay starts fucking me in the ass.

>>21097753
What, 1% yield with 5% inflation isn't a good investment?

>>21097849
Bonds are a fixed income safe haven asset. Gold's primary function is as a safe haven asset that hedges you against inflation. When bonds yield below the inflation rate, gold becomes more attractive.
its literally as simple as that.

>>21097777
Wasted get? What does it meaaann

I just get the feeling we’re going to get a reversal and a massive pump any moment

Basically, the reason gold and silver work is because whenever times get tough, the human race has always decided that they would rather hoard a shiny pet rock that they can look at occasionally rather than accept someone's faggot ass shitty piece of paper for payment

OH MY GOD PLEASE PUMP IT AAAAAAAAAAAAAAAAAAAAAAA

>>21092805
No it will not be profitable anytime soon
They build space hooks on the earth, moon, and Mars as well accompanying colonies and then and only then will it start to be profitable
The fuel costs of just getting out of the atmosphere currently make profit extremely cost ineffective

>>21097951
OH MY GOD PLEASE DUMP IT AAAAAAAAAAAAAAAAAAAAAAA
Ftfy

YOU FAGGOTS NEVER SAID ROCKS GO DOWN AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA I'M FINANCIALLY RUINED!

>>21098032
It's all down from here

>>21098024
Press X to make weak hands dump paper PMs so we can buy physical PMs cheap from online bullion dealers that track the manipulated paper spot price

>>21098082
I see you fellow leaf

STOP DUMPING FOR FUCK SAKE

>>21098109
X

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Postdam with date
Just added a 10 stack 10 more on the way this is my first time with this version next picture I will show the other versions of the reichsmark

>>21097752
this post will age very badly

Shake 'em out. Woo ooh. Shake 'em out.

>>21098207
eet half way please

>>21097902
In Australia we have inflation linked gov bonds trading at -0.2% real yield. I’m holding gold/silver/btc but I think it’s worth getting some as a less volatile hedge

ALL DUMP NO PUMP

>>21096729
My goodness what an idea WHY DIDN'T I THINK OF THAT?

>>21098032
Since May 12, SLV goes up from 15.6K tons to 19.6K tons, a gain of 26%. Though of course, not all of them are /pmg/ investors. A big price move will attract speculators ranging from rank amateurs to sophisticated professionals. For sure, some of this tonnage was added because of 4Channel investors, but we would not credit (blame) the added metal to any one class of speculators.

At today’s price, 4,000 tons of SLV is a bit over $3 billion. That’s a few hundred people. So we can form some conclusions. One, this is a tiny group of people. If SLV fever catches on in a larger group of traders, the price could indeed shoot up to multiples of what it is now.

Two, this is not a sign of the end of the dollar system. When the dollar is failing, and we plunge into the abyss of permanent backwardation, people will not buy coins or rounds. Only paper metal will do. It will be Armageddon. Right now, it’s not the end of the world, though such a Narrative may help convince people to use SLV as a chip in the Fed’s casino to make more of the dollars they say they hate.

Three, although buying of SLV shows up as a drop in the silver basis (the fund buys bars of metal and stores them), 4,000 tons of silver is not a lot.

>>21098203
cursed image

AAAAAAAAAAAAAAAAAAAAAAAAAA

MY COWORKERS ARE LAUGHING AT ME

2030

AAAAAAAAAAAAAAAAAAAAAAAAAAAA

Buy the dip

>>21098368
Correction 2023

AAAAAAAAAAAAAAAAAAAAA

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

what a fucking SHITCOIN

>>21098109
X

Below the stack of the ones with the date is the backside of it next to another version of the postdam church coin without the date
the bottom row are the two alternate versions of the back side and then the standard other face which contains von Hindenburg face he is the standard frontside for the coin whereas the church is the introductory version for the first year of Nazi rule

all versions of the reichs mark have an eagle on it which can vary depending on which version you have not all reichs parks contain a swastika in the upper left-hand corner we have the two reichs Mark the smaller denomination it is only 60% silver yet is still hella overpriced I wish I had more of them but I cannot justify collecting them at that rate that they are however I will continue looking for deals

i think this dump can be explained by the PUMP in the DXY. It had a massive day(+.76), but lets not forget the -6.26% since the last 6 months. It will continue its down trend. There is no other option.

Oh shit not again

shorting shiny rocks earned me 8k today

WHY THE FUCK DID I LONG GOLD
IVE ALWAYS BEEN BEARISH
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA FUCK YOU ALL

Officially in the red on miners... when will people get it?

>>21097547
when have bonds ever been a hedge against inflation wtf

Told you, gold and silver are premined shitcoins.

>>21098463
open a book

SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL

>>21098476
kek

>>21092141
>silver down 6% and counting
yesterday was unironically the top, i should have sold

buy the dip

>>21098447
what are you going to buy for your waifu, mate?

>>21098440
This seems like the best explanation. Probably driven by good jobs numbers for whatever that's actually worth to the real economy

>>21098109
>>21098427
>>21098172
I think it worked

you have to be f****** kidding me I literally stopped posting my own threads because of pink wojak and now they are stopping me from sharing my precious metals and literally the appropriate thread f*** this place

>>21098463
anon..

>>21098540
>f******
fuck off boomer

>>21098504
>>21098492
>>21098453
>>21098424
>>21098419
>>21098394
>>21098368
>>21098360
>>21098344
>>21098273
>>21098202
>>21098133
>>21098102
>>21098082
>>21098032
based retards

>>21098298
Silver is a very tiny market - even when it gets priced higher than gold.

>>21098508
I don't have a waifu

I masturbate to 3D porn and fuck prostitutes like a true degenerate trader

There’s hope.

>>21098570
holy fucking based
post some pics of whores youve fucked

Keep dumping so I can stack!!!!!!!

>>21098463
>>21098480
>>21098555
youre talking relative to cash? why? they are terrible against inflation relative to basically any other investment.

>>21098590
needs to go lower so I can buybuybuy more

>>21098570
>3D porn
>3D

At least tell me you force these whores to role play as catgirls anon

you had 6000 years

WHAT A GREAT DAY TO BUY MINERS!!! THEY'RE ON SALE!!

>>21098657
BTFD

>>21098562
wish they would fuck off back to /smg/, this is a good day for stackers

>>21098368
>>21098394
>>21098410
>>21098419
>>21098424
>>21098442
>>21098476
>>21098492
AAAAAAHHHHHH!!!!!
WE'RE ALL RUINED!!!!!!!
IM SELLING BEFORE IT'S TOO LATE AND YOU SHOULD TOO!

I hope you guys buying the dip, won't have another one for a while.

>>21098694
AAAAAAAAAAAAAAAAAAAAAAA

>>21098704
i will buy more at 2010

>>21098590

>>21098704
>the dip

>>21098715
>only saving 30$
yes anon. Please time the market

Just zoom out bros, look at the 1 month chart. This is the pattern, a healthy correction was inevitable before we break $30, and has often happened on Fridays. Hold firm and chill out

I'm noticing that some Bullion dealers are going "out of stock" on stuff they had in stock this morning or that is "pre-sale".

Interesting...

>>21098740
i'm 500x leveraged

I guess I will wait for 15 to buy in

>>21098428
I picked these up a few months ago
Way over spot but they are a novelty here in Australia.

>>21098735
>timing the market that's about to collapse
Oy vey

>>21098743
Maybe shortages from the mints finally catching up to the dealers after all this buying?

>>21098710
Lmao my damn sides

>>21098704
I'm thinking PHYS PSLV

>>21098777
Oh for fucks sake, what would I give for one of these in a good condition. Can't find any, eBay has terrible quality, can't even see the eagle on some of them.

>>21098792
Nah, I think its more a strategic thing if you know what I mean.

this is a much bigger pullback than the one we had at 1970

will it slice through 27 like fucking butter?
stupid nigger shitcoin

Haha people were paying $29 plus $13 per ounce fee to Shlomo yesterday

I keep hearing everyone talking about paper vs physical PMs, where can I get some physical miner ETFs?

This is all because I bought more PSLV yesterday, isn't it?

>>21098825
Yep. Why sell during this dip? We know it's ultimately going higher. The only thing they could do to offset that is raise premiums...but that risks pissing off customers, especially stackers who are premium averse. Best course is to just be" out of stock" until the bounce back.

>>21098743
My eastern euro dealer made some coins "currently unavailable" today even if there was over 3000 roos and 1600 maples in stock yesterday.

>>21098866
>physical miner ETFs?

No such thing, you can get some paper miners ETFs tho

It’s gonna go below 2000 isn’t it?

AHHHHHHHHHHHHHHH it pulled back after climbing 100%

I AM RUIBIINED

>>21098899
JPMorgan is personally calling LCS to make this happen

>>21098866
Check out GDXJ and SILJ, ETFs of junior minors. You can get majors as well, drop the J

Please J. Powell do something

NO NO NO NO NO NO NO

WHY LINE GO DOWN?

>>21098741
>HL down 11%
I'm funneling so much money

>>21098896
In some cases they have. The "as low as --- above spot" have changed too.

Buy the dip or wait to see if we go lower?

what miners do i pickup on the dump?

>>21098968
So we can buy more

When you have a sub $25/oz price average on your stack none of this volatility has a grip on you

>>21098999
>>21098999
New blessed thread. Time to pump it

>>21099030
fuck off

>>21099030
No.

>>21098968
Because I bought Silver AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!

>>21098968
OY VEY! HERE IS YOUR DISCOUNTED SILVER, GOOD SIR!

https://pastebin.com/js2nGa0Y

>>21098777
Is there a good market for those in AU?

>>21099030

If I had ANY cash left I’d buy more miners. MUX and AG on heavy discount

Imagine not understanding the effect of "money printer go brrrrr" meme being based on reality is going to cause insane inflation. Buying hand over fist here. We've only just gotten started. When Biden gets elected he and the other communist bastards are going to spend our currency even further into oblivion.

How to make it:

GOLD SILVER BITCOIN ETHEREUM are going to be best performing assets of the next 3 years.

>>21099019

I’m at $23/oz silver and low 1700s on gold. The volatility in the miners is what gets to me.

>>21099103
They sell for way over spot and at least in my experience there are more good condition ones than bad if thats what you mean?

>>21099213

>>21099213

>>21099213

To make the real money going long in the miners you have to be able to stomach 50-60% declines to make the 3-25 baggers. It is how it is. Allocate accordingly.

>>21099019
I bought at $50 in 2012

>>21099262
That's so fucking painful to think about, inflation adjusted you've lost even more. Your only hope is the physical shortage and selling at a premium to get even.

>>21099397
IDK if I agree, while obviously its nice to MAKE money trading PM's I honestly just think any responsible person always has some money in PMs..

So, I pretty much always buy a little bit every year as a hedge against the kind of scary shit we're seeing right now.

>>21099594
An ounce bought in 2012 is still an ounce.