/biz/ - Business & Finance

>>21579271
Anxiously awaiting open and for the delivery of my 100oz bar.

Thanks OP. Looks like the new strat is to dilute/flood and then divide anons.

>>21578866
>gotten worse
I don't remember this at all until last month or so. That said I used to mainly visit /smg/ and just check in on /pmg/ until recently in April.

I'm a retard who put the subject in the name field, whoops.

Brehs should I squeeze another ounce of gold? Already at 9oz gold and 2kg silver.
Also, EOD/eow predictions? I'm calling 2050g/30s

>>21579356
Maybe it's better that way today.

FWTDHWAHQUD status {sipping coffee}

>>21579355

First it was shilling for SLV, then it was promoting neo-Nazism and getting us banned when we argued back, now it's flooding the thread with pornography.

Belangp has abandoned the GSR
>https://www.youtube.com/watch?v=flwKob_sSMM

>>21579366
Or wait and hope for a dip. Fuck idk at this point if 2000 is the bottom point now

>>21579356
>>21579391
I made one at the same time, but let's use this one.

Where are we going today bros?

Why did First majestic stop selling their poured 50oz bars and 10 oz bars?

Pump it burgers it’s your turn we kept the fire lit all day now the flame is passed to you!

>>21579271
DXY would be below 70 if it hadn't been for the fucking Fed propping up this scam market.

>>21579463
Based on the threads, banks going long

>>21579463
To $35. Wait till comex fails to deliver this month then to the moon.

+$400 on the open
Beautiful

>>21579514
thanks, *dumps it*

>>21579480
They are probably just out of stock, or, are just selling enough to maintain cash flow for their business so they can make real money when silver goes parabolic.

>>21579423
You can see the decline in subtlety and increase in desperation. It's gone from wall of text trolling to just posting porn. Very bullish

Rolling for $10/oz

>>21579778
Because the initial dip in demand is temporarily suppressing inflation. As the helicopter money starts rolling out demand will increase, but even before then supply will decrease to meet the current demand. The new equilibrium will be less supply at higher prices, then demand will start to rise again. What do you think happens then?

>>21579271
Rolling for 100$ Silver by 2021

Why do you guys think inflation is going to be the problem?

A bout of deflation from February through May caused “core” inflation as measured by the admittedly bullshit CPI to decline from a 2.4% year-over-year rate before the shutdown to just 1.2% in June. As demand for a number of deeply affected goods and services improved with the reopening of the economy, “core” inflation increased from May to June at a faster-than-expected 2.9% annualized pace, raising inflation concerns. But the gain was led by apparel and travel-related prices in a sharp reversal of particularly big declines during the shutdown and is unlikely to persist. I would imagine inflation will actually drop as the velocity of money is so low.

Open to being convinced otherwise.

>>21579916
Old news. July food inflation was 4.6%. 4.6% in a month. CPI is fraudulent and measures shit like magazine subscriptions and airline tickets.

>>21579916
See >>21579867

>>21579757

All we have to do is hold out until September. Until then, stay golden.

why won't it go higher than 28.40?

>>21579916
Because at this rate the entirety of the national budget will have to be allocated to service the nation's interest payments within two years. It is likely they'll ramp up inflation to pay down that accrued interest.

>>21579916
Decrease in supply and increase in demand of groceries due to lack of restaurants will continue to cause inflation for the next 2 years until theres a cure

Holy shit, it is REALLY tanking now.

>>21579916
>inflation will actually drop as the velocity of money is so low.
Keep
>as the velocity of money is so low
in mind. They could introduce a CBDC (central bank digital currency) to provide helicopter cash to everyone with an expiration date that if you dont spend it in 30 days, it goes poof.

hello /pmg/, are there people in this general that hold stocks that are exposed to precious metals? (producers, explorers, etc)

>>21580269
What do you think?

>>21580285
no idea ive never browsed this thread, hence the question

OH NONONONO AHAHAHAHA

>>21580135
Wow, that's a big friggin move

Where uranium bro at

>>21580495
I'm actually surprised gold isn't up 50 bucks, the dollar is getting creamed

>>21580453
>$0.69
Nice

LOOK AT ME IM FALLIN FALLIN
FEELING LIKE IM LOVE LINE

JP MORGAN PANIC SUPPRESSING HAHAHAHAHAHAHA

>>21579423
It is funny to watch shills try to do their thing on an awakened board. It actually serves to do more harm to their cause then had they just left things alone.

OH NONONONO ITS FUCKING DUMPING WE GOT TOO COCKY SILVERBROS THIS IS THE RUG PULL I BOUGHT THE LITERAL TOP I AM FINANCIALLY RUINED AAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>21579916
inflationists are financially retarded and dont understand economics or the banking system
read how a central bank works before you listen to pinheads that talk about inflation, central banks are completely powerless today and have 0 impact on the real economy outside of influencing peoples psychology
central banks have been in a liquidity trap for the past decade
fucking qe this, liquidity injection that, asset purchase programs etc. none of it works and there hasnt been any inflation for over 10 years, the fed had to do qe 4 fucking times because it didnt do shit, if it really works than you dont need to keep doing it, they literally cannot create inflation anymore and are just playing with psycology at this point to get people to think that inflation is coming so that the react inflationary which will end up creating real inflation
the primary dealer banks have always called bullshit on the central banks ever since they started artificially surpressing rates which has made the central bank completely irrelavent in the banking system
just look at japan, 30 years of qe, app, insane b/s expansions and no inflation, because the primary dealer banks are refusing to play along with the central banks and dont transmite their policy to the rest of the economy so all this liquidity they create just ends up back at the banks and doesnt enter the real economy

>>21579978
>>21580084
>>21580107
>>21580210
I think you guys are oversimplying. Because of lagged effects from the shutdown shock, the trend in average hourly earnings growth appears sharply lower now compared to the pre-pandemic outlook. Distortions caused by the massive shift in the mix of wage earners
toward higher-wage workers during the shutdown as lower-paid service-shit vanished temporarily increased the average. As the economy opened and some of the lost service-sector jobs were recuperated, almost a half of this aberrant surge got erased by June, however, with sharp further weakening ahead imo. Such deceleration in wage growth would in itself be inconsistent with rising inflationary pressures for the foreseeable future. And helicopter money would have to be so high to compensate for that I don't think they'd be able to combat it. In addition, prospects for a strong reacceleration in productivity growth as the economy more fully opens up suggests suppressed inflation pressures over the next two years.

Even taking into account a continued gradual dollar depreciation, which would help nudge up the non-petroleum import-price index after a two-year downtrend, thus eliminating a key disinflation force the negative lagged effects on inflation from the collapse in consumer spending on services and its much slower recovery potential compared to the sharp “V-shaped” rebound already observed in durable-goods spending point to additional “core” inflation weakness as we go forward.

Its all so tiring

>>21580569
NEM is actually down so far today. Will buy more around 2:30pm est.

intraday prices are just noise

>>21580734

We literally bankrupted the U. S. mint, and we've become the most effective tool on the internet at exposing the debt-trap and the COMEX. It's no surprise that a lot of eyes are on us now.

>>21580768
>30 years of qe, app, insane b/s expansions and no inflation
>no inflation

>>21580784

See

>>21580084

You did not address this.

>>21580269
Yes. Many here own mining and exploration stocks along with their physical stacks.

You ARE going to honor women's sufferage arent ou /PMG/? You wouldnt want that social credit score to be affected...

>>21580269

Completely normal price action her....hang these dirty kikes

>>21580970

>implying I won't undo all their hardwork after the collapse

>>21580269
Lurk more you fucking faggot

>>21580768
>no inflation

So ya just going to ignore housing, education, healthcare, services, and anything else where the inflation can't be exported away?

>>21580970
What a waste of silver.

>>21580837
NEM is the only gold company in the sp500. Indexing will make it outperform

>>21581019
Just buy the dip bro

THE DUMP OF 2020

>>21580269
lmao what tf is this

>>21580768
Well my over-arching concern for this thread, even as someone who hedges with gold myself, is that people are listening to very one sided arguments from - as you put it, people that don't understand economics or the banking system. I mean look at the recommendations for podcasts in the thread topic.

Basic investment strategy is having a bull and bear argument, and I only see bull arguments here. It's like a brainwashing has occurred.

Shifts in the mix of the consumer-spending basket can cause some prices to accelerate and others to decelerate, clouding the overall inflation outlook. I mean the Fed has not accommodated an increase in the general price index. For inflation to average below 2%, as it has during the past decade, some prices had to decrease when others increased, but I don't think we have the foundation for anywhere near what people are expecting here. I think we could even see short term deflation, followed by asset inflation.

>>21580950
Ramping up money supply does not equate to inflation necessarily, especially not in this economic climate. We for sure have some funny business going on within fiscal and monetary policy, and I do think we'll see asset inflation - but to catastrophic ends? I don't think so.

what the actual fuck, fuck you jp morgan

What is going on you promised me american pump

>DXY

up and down
up and down
up and doooooooooooooooooooooooooooooooooooown

>>21580970
Funny thing is, they actually rammed the right to vote down women's throat. Less than 1% of women wanted it

what is the comfy metal horder's estimation how long it takes until an economic meltdown happens in europe? currently everyone is getting paid and seems to work. people invest in stocks and etfs. party people and travellers are omnipresent. is it the calm before the storm or are there more doomers out?

WHAT THE FUCK IS HAPPENING I AM GOING TO GET MARGIN CALLED MY LIFE IS RUINED FUCK YOU FUCK YOU FUCK YOU FUCK YOU

Silver $31 eow
Gold $2030 eow

Dubs for correct

>buying SLV
Imagine willingly giving your money away to the Jews.

>>21580768
>there hasnt been any inflation for over 10 years

Yeah guys, if we just change the definition of inflation, and change the way it is calculated every decade there's no inflation! Wow! This is your brain on MMT. Everyone recognize the signs of retardation and know to avoid saying things like this.

>>21581149
I guess today is buy the dip day. First Majestic just turned red and soon so will Barrick Gold.

>>21581221
So close

>>21581221
40$ eow

>>21581197
Sort of like now where they are ramming affirmative action down white peoples throats.

FUCKING AMERICAN FAGGOTS
STOP SELLING YOU KIKES

>>21581234
Its comical. They have fucked with the CPI so much that now everyone is scared of Largely positive real rates. Easy, just unfuck the CPI and problem solved

>>21581132
>Ramping up money supply does not equate to inflation necessarily,
True
>especially not in this economic climate.
Wrong
>We for sure have some funny business going on within fiscal and monetary policy,
The entire budget being allocated to service payments is more than funny business
>and I do think we'll see asset inflation - but to catastrophic ends? I don't think so.
The stock market is clearly reflecting this is in fact the case. Stocks are at all time highs due to the assets being valued in recently devalued american dollars

>>21579613
But currency will be irrelevant. Will bullion dealers be the next ultra wealthy in the new paradigm? Will my local coin shop owner be banging all those college teens?

>>21580968
>>21581012
which ones do you hold?

>>21581034
>>21581114
there is NO NEED to bully someone

>>21581221
>off by one

>>21581132
Hello my jewish friend. Trying a new persona I see
I will go ahead and post the shadow stats and filter you.
Have a great day

It dumped at exactly the same time as the S&P algos control all markets

>>21579271
How do I buy miners stocks and what will make me.more money mining stocks or gold/silver on hand?

PRICES NEVER BEFORE SEEN SINCE THIRTEEN HOURS AGO

>stocks down
>dollar down
>PMs down
>crypto down
wtf is going on?

>>21581307
I don’t think silver dealers own all of their stuff.

>>21581297
America is run by Joos

>>21581430
CHINA NUMBA WAN

>>21581430
All the money got funneled into tesla.

>>21581337
How fucking old are you? You must be 18 to post here and buy stocks faggot

>>21581309
I hold
DNN - Uranium exploration
AUMN - Gold exploration
MUX - Junior miner
GPL - Junior miner

>>21581303
If they unfucked the CPI, it would fuck up TIPS and everything else that is pegged to the CPI

>>21581430

Metallic Minerals +40%
Callinex Mines +7%
Kootenay Silver +7%

Intelligent stock-holders are going nowhere.

>>21581491
That’s why he likes PM you don’t have to be 18 probably

>>21580925
CAN’T STOP
WON’T STOP

>>21581306
You aren't coming back with really any arguments. I was hoping to find some intelligent investors here, I guess you've all just been brainwashed by gold and silver dealer podcasts.

Stocks are at an all time high for now, but it's very likely that there will be a correction also. It's not atypical for stocks to have one last boom after the yield curve inverts. Historically after that happens, within 18 months, we see a correction.

>>21581319
Calling me the Jew when I have actual arguments and you post obvious inflation data that everyone knows?

>>21579978
>CPI is fraudulent and measures shit like magazine subscriptions

>>21581432
Bullion Dealers hedge. For every oz in their inventory, there is a short on the market to counteract it to remain market neutral. They make money off the spread

>>21580970
imagine the irony of paying for permanent ownership of a FWTDHWAHQUD in women's suffrage memorial coins

>>21579271
So first of all fuck the money printing machine.
second of all. I'm a student with some savings ~5k. I have some cash in crypto like 2.5k but that stays in shitcoins.

I was wondering would it be better to throw my savings into gold stocks right now, or should I do to CBA ETF route I am doing right now? Am I even rich enough to buy precious metals. or is this something for OG linkies only.

>>21579423
many such cases. i often ask myself who and why is doing shill campaigns. it seems hilarious that governments or banks are behind it. they seem too high level for that.
> mr. chancelor sir we prepared three options to stop the idea of metal hording in the plebs comunities
> the nuclear option looks neat, general.

Is 1000oz of silver really enough to make it?

If silver becomes worth $100/oz that's only $100,000

>>21581575
buy physical

>He bought?

>kikes tried to dump millions of ounces of paper silver on us in the past hour
>already recovering
OYYYYYYY VEYYYYYYY

>all these completely normal market behaviors
I can't fathom how Leddit can still buy SLV. Unless these posts are shilled by JPM to make money out of Zoomers.

Reminder: If you have 19 oz of silver or more you are better off then the majority of americans

Ahhhhhhhhhhh my paycheck doesn’t clear until tomorrow and it’ll be back at $30 by then!

Ahhhhhhhhhhhhhhhhhhhhhhh!

Fuck the Jews!

>>21581132
To borrow schiffs autism in the matter: prices goes up and down, money supply inflates or deflates. There has been massive inflation. Prices may have stayed the same so far, but it could be that prices would have dropped dramatically without money supply inflation. Because money is injected via big banks, inflation has been causing price increases first and primarily in hard assets related to the financial sector (housing, stonks, PMs). Price increases for pleb goods are the 'second wave' effect of money supply inflation. These things take months and even years to happen, so i guess we will have to wait and see how it plays out.

>>21581615
That's why I have 10,000 oz

>>21581539
I think I accidentally bought Kootenay warrants. Also my miners haven't done shit except crab up and down for the past month. Still waiting patiently. Bought some Aurcana yesterday to add to my portfolio. My physical stack is pretty small only 50oz silver, 1oz gold, 1oz platinum but they've all made massive gains since I bought.

>>21580569
could it be that some central banks are selling gold for usd rn? would this higher the demand for usd and therefor the price?

>>21581619
Like what? I can buy 1kg silver bars for 1k euros each.

makes me wonder where to even store that shit. If anywhere. are stocks less safe than pm?

>>21581132
bear argument:
>massive world wide unrest will somehow disappear
>massive world wide unemployment will somehow go away
>massive world wide uncontrollable debt that surpasses what can be paid off will disappear, but only through a method outside of inflation/deflation as both those are bullish for PM's
>extremely corrupt governments will just stop being corrupt
>Fiat monetary policy will work, forever, for the first time in recorded history, despite failing every single time it has been tried before, because reasons.


Anon... if you are listening to a symphony and cannot hear the flutes, its probably because there are no flutes.

AND JUST LIKE THAT GOLD WILL NEVER EVER BE ABOVE 2020

>>21581844
wouldn't be suprised if they're emptying up fort knox kek. have PURE fiat money.

>>21580784
fuckin what mate

>>21581221
who stole them
>>21581222

>>21580269

Many people here holding gdx gdxj sil silj miner etfs, some also try to pick single miners for fun, like mux aunff etc, but etfs are safest. Miners are obviously undervalued against current spot, which seems like the market being run by dumb boomers who read Bloomberg and watch CNBC, who tell them that PMs will go back down any day now. But with the King of Boomer Investors recently bending the knee to gold, we'll see how it changes.

SILJ for example, is 15-16 and has OTM call options at 23 dollar strike. Well even at current silver prices it should already be there, if silver goes to 40-50 SILJ should do far beyond 2x. Miners can move dramatically and give big potential returns for degenerate gamblers... and you don't even need to touch gay, fraudulent "paper" metals schemes like SLV to make leveraged bets.

>>21581873
What you're saying is only gold and silver are a sensible investment right now, physical obviously.

So I have 8 gold American eagle oz coins and I’m just wondering. If the dollar does implode what is the move with that gold? Like I can’t go buy a loaf of bread with it....is it just a store of value until a new currency arises?

>>21581502
didnt even know canada had uranium reserves, silly me. where do i find drilling reports for AUMN?

the other two look interesting. is GPL finally turning a profit?

And now we're red... it's all so tiresome bros

There's only so many paper ounces they can dump right? They don't have a literal bottomless reserve to keep shit-hammering the price with? Even if its not real metal backing it they at least have an account of how much paper they own I hope.

Should of just sold my calls at open lmao

>>21581905
>he thinks there is any gold in fort knox
looks like this young gentleman needs a quick rundown.

Everything is gonna by fine we gonna be back up by the end of day :)

>>21581996

>>21580784
Address my post

>>21581996
All assets dumped at the same time. From crypto - ETH BTC to silver gold over fucking stocks like SPY. What a kek day

this is really the dumpening isnt it?

>>21581307
>implying he doesn't already

why are you complaining about cheap silver when you know the moon mission is 100% inevitable?

>>21581999
They do, that's why you don't ever buy SLV. It's like a money donation for JP Morgan.

>>21581996
As long as (((they))) are allowed to rig the game, we will never win

>Gold is below 2000
and just like that, peter schiff deleted his newest podcast episode

>>21581917
i have looked into the large pm etfs, which seem to hold some exposure to my country (aus) which makes sense since there are so many large miners down here. theres fucking thousands and thousands of expo gold stocks, but i havent seen a great deal of silver expo equivalents. is that what SILJ is mostly made up of?

my large cap miner pick would still be evolution mining (asx: evn), since they mine an equal amount of gold and silver

>>21582145

King PAN MAN can you please give us investing advice? Dubs for a reply

Dollar rebounding

Its the bottom

>>21581935
more like they are the last lifeboat before the flood, but potayto potahto

>down $1 in half an hour
N A T U R A L

https://www.youtube.com/watch?v=q9O8Tk-hDl4

Im still trying to wrap my head around Mike Green's thesis. I watched his interview with Raoul Pal on RV, but that video isn't public. So this one should have the same stuff. But it does make me weary of ETF's and Mutual funds, but on the other hand, it does mean they could rocket as well. Functionally, passive indices are simple, if you give me money then buy. If you need money then sell. There is no discretion regarding pricing.

>>21582189
FUCK MAN THIS HAS HAPPENED TWICE IN THIS THREAD THAT I WAS OFF BY ONE

>>21582145
How can Schiff not realise the whole market is rigged he never talks about JP Morgan unlimited shorting

>>21581948
Gold in 1toz form is for large purchases, like vehicles and houses. There is a company making 24k foil fractional notes called goldbacks that could be an alternative in the future (smallest note is 1/1000th of an ounce of gold), but if we were to return to a gold standard, even 1/1000th of an ounce would probably be too big for small purchases like a cup of coffee.

>>21582226
reversal

-Anon, glaring nervously at a slightly Jewish looking futures trader for JP Morgan-
WELL CONGRATULATIONS, YOU GOT YOURSELVES CAUGHT. WHAT’S THE NEXT STEP OF YOUR MASTER PLAN?

>>21581999

Recently, the banks dumped 2 billion ounces of paper silver in a single day. That's 20x the annual investable supply of physical. The raid knocked silver down from $29 to $23. They dumped something like 14 billion ounces over the past couple of weeks. Doesn't matter what they do for now. This is all to exit their short positions and go long. The COMEX deliveries are going to wipe them out.

CUT MY LIFE INTO PIECES

>>21581948
real estate

>>21582101
screwed by the (((algos)))

>>21581748
Right now we are seeing deflationary movements even, the Fed has been unable to reach its 2% target. Ultimately inflation is always and everywhere a monetary phenomenon. Also, to your point, it is a long lagging indicator because it responds slowly to changes in economic conditions, which in turn respond with a lag to changes in monetary policy. Since it is the monetary-policy setting and the economic outlook it engenders that determine inflation, the pandemic induced setback in economic conditions is likely to continue to suppress inflation for some time (maybe a year and half or two years, historically speaking), when the fuller effects of the stimulus and more advanced economic recovery start to be felt. In other words, the inflation outlook over the next year or two is somewhat baked in the cake.

For inflation to get back up just to the 1.5% to 2% range by late 2021 it would take a big, immediate drop in uncertainty levels, a sharp dollar depreciation (at least down to the 2018 level on a dollar trade-weighted index basis), and much stronger consumer spending/economic growth than currently appears likely. Otherwise, while the inflation trend should turn up as 2021 progresses as a result of the fiscal and monetary backstop to date, “core” inflation is likely to remain below the Fed’s 2% target well into 2022.

While Fed policy concerns me, without the massive fiscal and monetary stimulus to date, the recent dip into deflation territory, with its destructive effects on corporate revenues growth, economy wide debt-servicing ability, and financial conditions would have persisted, eliminating any chance for a swift recovery. The pickup observed in the TIPS implied inflation expectations, rising metals prices, uptick in consumer inflation expectations, and positive financial-market signals (narrowing credit spreads, rising equity prices) continue to corroborate the view that the stimulus is working to combat deflation concerns.

>>21582192
Yeah rebounding back on this dick nigga

>>21581056

Yes, they are.

Also they are going to ignore the looming printing to fund UBI which is going to blow CPI the fuck up. They're going to have to change the formula to remove electronics, Jordans, fast food, etc, since the ghetto bout to get paid.

>>21582036
what would be in it? nukes?

>>21582226
been trying to tell you guys... we will have massive WHIP SAW activity instead of normal crabbing for a while.

Watch for an buy the dips, we all know whats coming

>>21579271
Is it best to buy from your own country,
or is international shipping safe enough?

>>21582253
Literally just go back to when coffee was like 50 cents and use silver for coins and gold for paper money. Literally that easy

>>21582290
bingo... that much silver and it only lasted, what a week or so?

>>21582092
Sorry. I mean that is possible, but not likely and not even on the table in any serious measure. Right now we're combating deflation and helicopter money already has a reasonably efficient delivery method.

Bought the SLV dip at 25.50 what's in store for me?

>>21582337
I'm actually pretty happy since pay is coming in a week and the last time I bought was in the end of june. I'm thinking about buying more gold this time.

>>21582451
delisting

>>21582253
you could have notes with 1/10000000000000000 an oz of gold... its infinitely divisible, one atom of gold if you wanted. Also silver is a thing for a reason

>>21581198

You clearly have a banking crisis brewing, but yurop central banks also have a fair amount of gold for a euro reset.

So, probly crisis later this year. Printing to cover it, then resetting the euro against gold backing to stop the euro's slide. Nothing will stay contained to EU though, it will kick off a cascade of failures and currency resets. China and Russia planning same thing pretty much.

>>21582192
> assets sold for dollar increases the demand for dollar and the dollar rebounds
r...right?

DXY dead cat's bounce?

>>21581996

I'm thinking about buying a new car on finance (60 month repayment plan) because the inflation will wipe away the debt, what should I get?

>>21582491
You can only go so far down with gold in a piece of paper before it becomes unrecoverable, or even near impossible to prove. Bimetallic system will always be superior to just gold.

Gold pushed down to 1976 already back up to 1992.

>>21582623
A gun to fight back against the repo men.

>>21582295
THIS IS MY FINAL SHORT

I want to practice my silver pouring but I don’t want to fuck up any of my silver. Any suggestions on what to use instead?

I've mentioned many times at the beginning of the month that we should expect a lot of volatility this month. To exacerbate this the volume is relatively low and the paper Market is easier to manipulate. This will not affect the demand or value of physical PMs.

Look for opportunities to DCA on physical and maintain calm and perspective. If you are in miners, you must have a long-term view. Only a very experienced hi-freq trader should be day trading this market. If you are a swing trader, you may do well too, but only if you are experienced. All others DCA and position with the bull trend long-term and sleep on it.

>>21581539
Yeah wtf was the spike in Metallic Minerals? 93¢ a share now back down to 78¢- either way still up almost 20% for today.

>>21579271
how retarded is it to buy silver jewellery?

I have a silver necklace and bracelet, might buy some silver earrings is this retard-tier? Dont they use low-tier silver for jewelery compared to coins/ bars?

How many people trade futures on the thinkorswim platform? Is it possible this dump was caused by a lack of traders in the market, making it easier for JPM to dump?

>>21582491
Well, the 1/1000 foil note has a gold layer so thin between polymer that any thinner and it would become transparent. I suppose they could make little plastic "coin" capsules for even smaller fractionals, but the foil note allows for more security features to prevent fakes.

>>21582711
shot

>>21582750
Are you stacking or just trying to make a quick buck?

>>21582716
I can’t sleep I’m literally addicted to watching the charts, all my reward circuitry has been completely rewired and JP Morgan has a mainline to my dopamine receptors

>>21582716
That's what I'm doing, but habit prevents me from buying anything before 2:30 the earliest.

>>21582706
I'd have no problem with the debt jannies because the car payments will get cheaper each month in real terms

>>21582101
Exactly the same as last Tuesday. Funny how that works.

>>21582802
Based investment addict

>>21582514
is it normal not to see the (you)?

>>21582570
>So, probly crisis later this year. Printing to cover it, then resetting the euro against gold backing to stop the euro's slide.
when will i be able to buy a farm, a house and a car with my silver stack then? before the reset or after a gold backed currency?

>>21582802
No doubt influencing your amygdala response too.

>>21582623
Buy a used ten year old toyota corolla instead. Getting a car loan is typical poor-people mentality.
Whether or not inflation will wipe away the debt is very uncertain, car loans are usually just ten years or so. I would rather get a 30 year old mortgage if I were you, much higher chance of inflation going nuts within the next 30 years than 10.

>>21582711
Practice pouring with aluminum. You will learn what slag looks like, how to poor correctly and how to save leftover contents etc. Watch some pouring videos on youtube, see what equipment is used etc. Also, literally buy the cheapest silver you can if you are going to pour. Like buy big bars. Premium will rape you. also it'll be hard to resell it.

>>21582723

Metallic Minerals has been going up for some time now, I suppose because people are beginning to recognize the value. But I suspect insider buying about imminent drill-results.

Bayhorse Silver and Tinka Resources are holding, Callinex and KTN are still up. Small-caps are continuing to show strength.

>>21582911
Alright thanks

>>21582750
.925....a whole 7.5% less than bullion. More than coins

Going to the silver shop today. Put myself on an $80 spend limit. What should I buy? Thinking junk because of the low premium but idk

>>21583024
Mercury dimes

>>21583024
As many Mercs as you can.

>>21582963
Good luck. I want to press my own coins one day from blanks, but lets see how that goes.

>>21582290
>This is all to exit their short positions and go long.
How exactly does dumping silver, aka shorting it, exit their short positions? Aren't they making their short positions bigger by dumping like they just did?
I guess they can get out of it by buying more now that the price is lower, but I don't see why they wouldn't just cover it without shorting it first. Something seems off here.

>>21583044
>>21583052
Thanks. I like the ow premium on them because that encourages me to up my spending limit lol. I felt like a chum last time because the other guy in there bought 19K worth of gold and silver

If there is a comex failure, will SLV just get delisted asap, or will it crash down first, then happen?

>>21583134
Is SIVR a total Jewish scam?

>>21583024
See if you can score any mexican or canadian junk silver sometimes you can get it a bit under.

>>21583134
The missing puzzle piece is "spoofing". Look it up.

>>21582711
https://www.youtube.com/channel/UChYy8RQRBeEYHOrK3iNCe1Q
check out this guy's videos, he's really good.

>>21583134
Seems like a lot of big players are dumping confidence in central banks. Might be their swan song to hoover as much value from the market as they can.

Will she actually get us back to the gold standard or is she just another Jew?

>>21583134
>How exactly does dumping silver, aka shorting it, exit their short positions?
When you short something, you're betting on the price to go down, otherwise you take losses. By bringing the price of silver down, they'll be able to take minimum losses when they change their positions to calls.
Does this make sense?

>>21579423
Just keep buying and spreading the message. Steep negative rates incoming.

>>21583341
well she hasnt been suicided yet so im thinking the 2nd one

>>21582800
honestly Just want something that is not volatile. so yeah stacking. What would you do if you wanted a quick buck?
>>21582989
That's implying it's not silver plated right?

>>21583134

>>How exactly does dumping silver, aka shorting it, exit their short positions?

It's explained concisely here:

https://www.youtube.com/watch?v=7ERp3qWVn04 Timestamp 5:30.

Open interest for September contract dropped 5000, or 25 million ounces. All closed out. The bankers have to do this because they don't have the physical metal to deliver.

>>21583340
I'm surprised that Bank of America is going down with them. So many things to buy today and I already spent 2700 on PM's this month.

>>21583455
If you were trying to make a quick buck you would buy silver jewelry. If you’re waiting until SHTF then saying that this piece of jewelry has this much silver in I think won’t do you any good. Same with silver bullets and shot. Buy junk, rounds or bullion if you plan on stacking

>>21579366
Buy 100 Kronen Austria, be this kind of chad

i went through $200 of dimes that I've been accumulating for 20 years and only found a single silver dime
sad

Also went through $200 of quarters without finding a single one but that was expected since they are so easily searchable and well known.

>>21583417
I heard she pulled back on her statement about the gold standard

>STOP!
Excuse me gentlemen, but miners are _NOT ALLOWED TO CLIMB_ two days in a row
That is strictly reserved to """"""""""""""""""tech"""""""""""""""""""" companies with 400 P.E. and petsdotcom scams like UBER which have produced nothing but a colorful .PPT pitch and billions of usd in losses

>>21583660
ah the ol jerusalem jebait, classic

>>21583622
As soon as silver was taken out of the currency people started picking them out and hoarding them. That was 55 years ago.

>>21583622
pic related

>>21582898
Buying anything at full price now when finance is available kinda makes you a sucker because inflation is now much higher than interest, you're actually getting it cheaper when you get a loan because creditors aren't pricing inflation into their loans

>>21583455
silver plated is worthless...jewelry needs to be stamped 925 or "sterling" if it's old

>>21583660
>banking says committee won't approve you if you say you want the gold standard back
>say you don't want the gold standard back anymore and you've "seen the light"
>still only get approved by a single vote because near half the people don't believe you

>>21583797
>goldberg jug
Based. Now convert all of that into PMs.

>>21583775
why do i see coin roll hunters having so much success is that fake

>>21583927
Either that or they're just really, really lucky.

>>21583927
It’s gotta be. I have coin hunted $500 for dimes and I only got 3

>>21582317
>deflationary
Get real, it's going to be stagflation unless we go BK or restructure. This shit isn't even worth responding to in these threads.

Bad day for my miners this is

>>21580794
this Tbh.
all of modern Finance was an obvious mistake.

>>21584114
it was an intentional mistake

>>21583927
Imagine the sheer volume those people sift through to find even a single silver piece. I imagine it is quite a lot. I sifted through 4,000 coins at the beginning of last month before cashing them in and didn't find a single silver piece.

Daily reminder that REAL things (commodities) are undervalued, while stocks, fiat, crypto are overvalued

>>21584097
Invest more if you can. That's how I'm taking it.

>>21583714

>tfw you only have 150oz of silver and 1.5oz of gold.

>>21584175
aren't there coin sorting machines that sort by weight? Modern coins weight less than the silver counterparts so that should make your life easier.

>>21580794
I feel you man.

Honestly this is why I think some form of basic income would be nice, we can truly achieve that with automation, just look at supermarkets in the netherlands (my country) they put a shitton of self-checkouts there and automatic coin counters and such. I bet they can automate the whole supermarket in a few years literally even automating the shelve stocking.

If self driving cars get really good we dont even need drivers anymore for distribution of goods. Many factory jobs are also getting automated.

If people only had to work for luxury and had basic food /shleter and medical care wouldnt that be great?

Only working for your holidays / luxury food/ netflix subscription/ hobbies. O how one can dream

>>21584097
>>21584259
Are you going to hold miners through the election?

>>21584272
How does a private island and a mcmansion with 5 slave maidens sound like?

>>21584335
Yes.

>>21584272
>tfw you only have 76oz silver and .4oz gold

>>21584319
what wil you do about all of the third world people that wont stop having children

>>21584335
Yes. There's a big move in miners coming to catch up with gains made by PMs. We are still so undervalued when you compare ratios and the 2008 PM bull run to where we're at today. It's ridiculous.

>>21584251
Look at the commodities to Dow Ratio my friend. Its insane.

>>21584417
we're just gonna kill them

>>21584406
Mostly because I'm bad at timing the market. I'm a wagie so I can afford to just keep buying.

>that steep price drop
Another 2 years worth of global supply of silver was burned to hammer it down?

>>21584462
bent and redpilled

>>21584259
I’m eyeing up buying more hecla mining as that’s what’s in the red the most on my list

Any ideas about first majestic?

>>21584462
State enforced homosexuality

>>21579423
I somehow forgot all about ignoring him last week and never again am I feeding it. From now on it's comfy stacks and actual discussion the way nature intended for this general

>>21584500

I think that Hecla is down so much because it's in both GDXJ and SILJ. (Hecla mines both gold and silver, although it is primarily a silver play.) The ETFs are most likely to be manipulated, as well as panic-dumped by ignorant speculators.

>>21584417
not giving a fuck and just going china 2 child policy? Idk there must be a fix there just must be, the way we are heading is unstainable and extremely destructive of not only us with our finances but the world en large , to not even start about the environment / overfishing fish populations/ rainforest cuttings/pollution.

Ever read the papers on eastern island overpopulation ? It's very similar to our situation on earth right now.
There must be a way to achieve some kind of automated basic income world where we consume less, procreate less, and only work for fun and /or luxury goods.

Just ordered more silver

>22
>NEET living with parents after losing job last year, almost all expenses paid for
>30-40k USD in debt from irresponsible days as a 19 year old
>defaulted but creditors can't seize the little assets I have as they are offshore in countries that do not cooperate with my jurisdiction for debt injunctions
>building a company to try and gain an income independently

Assuming that I can get a steady income, should I try to arrange for a long-term debt repayment plan and buy PMs (and get the debt cleared through the upcoming inflation) or pay off the debt as soon as possible? Interest is somewhat high seeing as the various creditors have already sent the claims to collections, so I don't know if paying the debt off as soon as possible is the better way of going about it.

>>21584597
What about endeavour silver Corp?

gold above 2000, silver rallying
FUCK JANNIES
FUCK NIGGERS
AND FUCK JP MORGAN

>>21583358
>By bringing the price of silver down, they'll be able to take minimum losses when they change their positions to calls.
Yes, of course, I know that.
But the thing is they already have big short positions. And making new shorts to get the price down to get out of their original shorts is obviously a good thing. But shorts have to be covered by buying, which drives price up again, so they will be fucked when trying to get out of their new shorts. It's like an evil cycle, why not just cover their shorts at whatever price and go long now? The shorts clearly don't even work anymore, the price drops massively for like 30 minutes and then is back up the next day.
>>21583490
>It's explained concisely here:
Thanks for the vid, but I don't feel that my main question was answered.
>>21583278
>The missing puzzle piece is "spoofing". Look it up.
Thanks I will. Hopefully that clears it up

>>21584673

Also.. important addendum: there are no personal bankruptcy laws in my country. Debts acquired on your person are debts for life and gain interest until you pay it off.

>>21584673
>should I try to arrange for a long-term debt repayment plan
We can't really give you advice on this unless we know how much % interest you have to pay over your debt.

>>21583797
that goldberg bottle is worth more than all those coins

>>21579423
>neo-Nazism
I can't deny that parts of it appeal to me though.

>>21584708
Based and "Kill the Banks" pilled.

>>21584687

Endeavour has a smaller representation in the ETFs than Hecla, which may explain why Hecla is down 4% to the 3% of Endeavour. For the most part, stocks which are outside the ETFs are either holding firm or green. (This is not to say that people shouldn't buy ETFs if they don't know what they're doing; only, in the short-term, ignorant panic-sellers are going to cause a lot of volatility in them.)

>>21584346
>mcmansion
I'd rather have a yurt to be honest

>>21584750
fake suicide, throw yourself in a river, wash ashore somewhere, wait to be found, feign amnesia, get new identity from local court. get a job and never go back

>>21584651
yea the easter island story has always haunted me
leave it to npr to write the most retarded story ever about it though
https://www.npr.org/sections/krulwich/2013/12/09/249728994/what-happened-on-easter-island-a-new-even-scarier-scenario

>>21584597
https://www.youtube.com/watch?v=q9O8Tk-hDl4
Read more about the Peril of Passive Indexation and Mike Green's work. ETF's buy and sell at any price, commanded by the holder of he ETF. They aren't active in modeling prices or having discretion regarding purchases.

>>21584760

Interest is 17-25% APR on the various claims.

>>21584854
i just want my own small engine aircraft to tour the world in. maybe a gs1200 motorcycle too. what do you guys want out of making it?

>>21584811
Okay thanks I saved abit of dry powder in case of a pull back like this now is the time

>>21584664
>NOOOOOOOOOOOOOO!!! They can't play that game, it's our master plan!!!

>>21584908
>Bush plane
>QTpie gf
>Fly the world
>https://www.youtube.com/watch?v=8fpxUGf_THs

>THE BOYS ARE BACK IN TOWN

>>21584858
Lol would that actually work

>>21584858

Getting a new identity is not an option, sorry. I do want to make things right and pay off the debts somehow, but I'm clueless as to how to go about it.

>>21584904
Youre fucked m8

>>21583797
Save the copper pennies!

>>21584673
>>21584750
from the way you're typing I assume you are dutch?
If so google schuldsanering
if not google your country + debt restructuring. I bet there are some plans that "help" you pay off your debt even when its not direct bankrupcy decleration. They will sell all your shit and whatever but it's worth it in the long term
>>21584904
that's retardedly high there's nothing that can outpeform 25% interest rates steadily unless you keep getting lucky with crypto moonshot gambles ( pro tip you wont).

pay off that debt asap or try to see if you can get some governmental assist / like restructuring it (which often means they will just cut out the interest part and you have to pay your debts only, but they will sell all shit you own and don't need to work,dont fret it just sell your pc / guitar to a friend real quick obviously don't sell them everything theyll find out.)

>>21584908
Just to go home.

>>21584877

Thank you for the very interesting information. I will watch the video. I agree about ETFs. I still tell most people to buy GDXJ and SILJ at any rate, because, unlike in the case of the mainstream ETFs, the companies in them are still vastly undervalued, like First Majestic, Yamana Gold, etc.; and people who invest in small-caps without understanding the mining industry are liable to get wiped out. So I'd rather risk somebody panic-selling an ETF at a time like this, and realizing a 4% loss, than panic-selling a small-cap mining stock, which might go down 50% one day, and be up 100% the next.

>>21584651
>There must be a way to achieve some kind of automated basic income world where we consume less, procreate less, and only work for fun and /or luxury goods.
Are you joking?

>>21584990
https://www.youtube.com/watch?v=qJtx9xQQEx4

>>21584993
it used to work in canada, better hurry before under skin RFID chips become mandated

>>21584989
truly comfy, id love a Bonanza or a Seminole

>>21584875
>>21584651
Don't worry, boys. Bill Gates is working on that problem right now with the UN. OVID was the perfect opportunity to roll out the next steps of Agenda 21 and Agenda 2030. Check them both out on the UN's website. The "vaccine" will be supplied for free to Africans because they're the "most at risk population" (Bill and Melinda's own words) and wouldn't it just be a shame if one of the long-term unaccounted for side effects was sterility?

>>21584990
>Print another 200 million ounces of paper silver coupons.

>>21584858
Im sure they would do a 23 and me on you these days and find one of your siblings or cousins

>>21585042

I have looked into governmental debt restructuring but waiting times for that here is roughly a year here and there is no guarantee the creditors will actually approve any plan put forward by the gubbermint.

I'm thinking about maybe negotiating with the creditors and see if they can approve an interest haircut and freeze under the condition that a payment plan is followed (and a larger sum of money is paid in that I'll acquire... somehow).

>>21585054
What are the blue barrels for?

>>21585095
I'd go float plane all day. Maybe one of these bad boys.

New bread when?

>>21585254
At 310 replies and/or page 9.

>>21585313
I'll pre-bake.

>>21581547
I’m seeing risk of deflation due to pandemic. All the money printing I do not believe is enough for the United States to pull itself out of deflationary environment for 5-10 years. I’m hesitant to take on debt but believe gold will retain buying power with negative interest rates. There are portions that will deflate such as equities and urban real estate.

>>21585653
do you think its enough to pop some of the asset bubbles that were enlarged by this whole thing?

>>21585653
the "pandemic" is fake but the damage and the debt isn't

>>21585693
>>21585701
They can't let nominal deflation happen or it'll pop the ponzi. They have 80 million boomer retirements riding on infinite nominal growth.

>>21585653
When was the last time a pandemic cause a deflationary market?

>>21585653
>I’m seeing risk of deflation due to pandemic
This is true but nations literally can't manage deflation due to debt burdens andneed for ever increasing revenues because they overpromise overspend and underdeliver

how long does it normally take the (((us mint))) to "process" an order - i want my fucking coins

>>21584651
>There must be a way to achieve some kind of automated basic income world

It's called post-scarcity and it is incredibly complex. The 'developed world' takes essentials of life for granted because they are so widely available, but much of the world (both geographically and per capita) is still struggling with the basics.

We're not getting there within any of our lifetimes. The only way for it to happen is to have an entire manufacturing and supply chain fully automated: harvesting the most basic resources (iron, sand, stone, oil, wood, rice, wheat, etc); refining them; manufacturing/assembling tools, parts and machinery (and particularly being able to manufacture and repair the very machines needed to harvest resources and manufacture the machines); delivering/distributing them; etc. The system also would need to intelligently and automatically scale up and down based on changing human need/consumption, to prevent excess waste of natural resources but also keep up with increasing demand.

>>21585851
March.

>>21585961
>We're not getting there within any of our lifetimes.
It's never going to happen, period, unless they become gods and create energy and matter from nothing.

>>21585980
Very funny. I meant a lengthy one, dingus.

>>21586052
Fusion energy source could get us there. Unlimited energy and we can farm the moon

>>21586052
This. The notion that we could ever live in a post-scarcity society requires the belief that we will be able to violate every known law of physics and draw energy/matter from nothing.

>>21585693
>>21585701
There will be a decline of returns on capital due to incoming labor shortage.

>>21586052
>>21586162
Based and Malthus-pilled. Need is the only constant of the human condition.

>>21582295
Once again, Chad stackers don't care about the spot price. If it goes down, we just buy more. A couple dollars doesn't mean shit when silver is undervalued by multiples.

>>21586162
and the impossibility of not being required to (((pay))) for it. greed is a heavy set girl.

>>21586052
>>21586162
That implies that post-scarcity must last forever, which I don't think is true, or suggests that we must or will continue to grow the human population at current rates and thus need an infinite amount of matter/energy to sustain the growth. I think one of the key requirements for post-scarcity is to stop population growth, and actually hold the global population at a level much lower than it is currently at.

If post-scarcity can last for 5000 years, isn't that "enough" to say that it has been achieved, even if it falls apart eventually? The smaller the human population, the longer post-scarcity can last even if limited to the resources available on earth, and if post-scarcity on earth is achieved for a long enough period of time then harvesting resources from space also becomes feasible, which would extend the total duration even further.

>>21586162
>>21586215
There's a reason that almost every steady-state tribal society practiced infanticide.

You can have post-scarcity, the cost is mandatory contraceptives for welfare recipients.

>>21586334
good points, i think eventually we will encounter some form of mass extinction event that will reduce the pop either natural or man made. major question being will the planet be totaled in the process from nuclear exchange? countries arent going to just stop existing anymore based on a threat, theyre gonna set off some fireworks for the hell of it i think.

Will silver break $30 this week?

>>21586334
>>21586395
That's not post-scarcity then, that's stagnation.
Also, new thread
>>21586477
>>21586477
>>21586477

>>21584708
smooth arcing tops/gainz

sharp V takedowns

gentlemen, we have inverted the trend... going to whip saw a lot but once it is done the spring will be sprung.

>>21584908
money does not matter.

Making it consists of reclaiming your fucking birthright.

>>21586105
Careful not to hurt your back dragging that goalpost around

>>21585213
compost

>>21585961
post scarcity is synonymous with post struggle.

A civilization smart enough to automate everything to the point where they dont have to do anything will quickly devolve into a civilization unable to maintain itself.

Right now we are a prime example of this happening.

When will MUX pump? During the rest of the general silver bull market?

>>21579916
because it is. it's not the primary problem, but it's one of the core driving reasons why bonds give you negative purchasing power (though a positive nominal yield); see: https://www.longtermtrends.net/real-interest-rate/
blue line negative? metals good. period.