/biz/ - Business & Finance

First for dip

September is where there will not be much choice for the Fed.

MY PAPERWEIGHTS ARE NOW WORTHLESS!!!!!!

These came today. They don't look like much, but they sue are fun to toss around.

>>21634964
You've inspired me.

>>21635899
Love those bois

>>21635876
Tech down, oil down, airlines down, banks down.

>>21635899
Chunky and Hunky

Another great buying opportunity coming

Post your weirdest-looking Generic Round. Pic related was part of a purchase I made last week.

>>21635965
BRRRRR was priced in, not enough BRRRRRR provided. Tomorrows gonna be bloody

>https://www.bnnbloomberg.ca/scotiabank-to-pay-us-127-4m-to-settle-false-metals-contract-claims-1.1482231#_gus&_gucid=&_gup=twitter&_gsc=EQZrXEU

>>21635923
The famous “Titty Premium” is alive and well boys.

JPM not the only ones doing it. Headline right now.

Bullion dealers not budging on Price. Premiums filling the gap to keep the prices post dump.

The date the Fed minutes are from (July 29) the 20 year treasury was trading at 1.03%. Today it is at 1.18% and rising. The stock market will start imploding around 2%. Hold firm and buy the dip. This is why I keep saying to buy treasury puts via TLT

>>21635811
Wait why is gold cratering? Did they find a cure or something?

>>21635965
Banks are ripping up right now. It’s over you can’t beat the US government

guh

>>21636050
*pre-dump

>>21636065
It's cratering because it's wednesday. Does anything need to make sense?

>>21635811
What a wonderful day!!

>>21636065
Literally nothing changed. That's all it takes.

just crash it to $21 already you fucking kikes

we are going to retest 23 arent we

MY STOCKARINOS!!

>>21636065
Bonds dumping (yields rising to compete with the "safe haven" vehicle)

>>21636065
No yield curve control

>>21636077
Huh, it was dipping before. Makes sense.

>>21635811
Anyone got any idea why FCX is pumping while the rest of the market dips?

>>21636065

They dumped 14 billion ounces of paper silver on the market in 2 weeks. That's 100x the annual investable physical supply. The paper market is all that matters. Short-term price movement is meaningless. Wait for the COMEX deliveries in September and be patient. There are no other fundamentals that matter other than the paper-market, and whether they can provide physical delivery of the metal.

>>21636149
Not yet. Was anyone really calling for it now and not in September or October?

>>21635923
beautiful anon and I am happy to see another symphogear fan

>>21636036
anon, ALL of their kilo year of the ____ coins are limited mintages

>>21636282
There was speculation that they would give forward guidance that they would implement it in the future; the minutes today were essentially "the negatives of it outweigh the benefits at this particular time"

FOMC Minutes

stack bread?

What the fuck was that? "Healthy profit taking"? For a moment it looked like a March all over again.

>>21636282
No, just looking for hints in the language indicating YCC imminent in Sept. Nothing definitive (as expected) and really nothing has changed from July 17th either. Enjoy the dips. Use 'em!

>>21636327
>at this particular time
It’s inevitable though. This Fall is going to be wild.

>>21636389

Let them play their game, it doesn't even matter. Let them crash the price of silver to zero if they want. They will be wiped out in September if they do.

uh guys Chrystia Freeland is the new Canadian finance minister who is a (((journalist))).
> teehee Trudeau let's buff up our 0 oz gold reserve
> PHYS, PSIL, all canadian miners nationalized
> nothing personnel sweety, just balancing the books UwU

Every one of you should be concerned.

>>21636389
Mr. Paper's wild ride. We'll claw back every cent next week, but expect a huge pullback every time the fed farts and it doesnt sound like YCC

>>21636431
>>21636234

By the way, this is the latest news about the paper markets:

https://www.youtube.com/watch?v=y4-K8OjzEDU

>>21636370
>all those coin condoms

pstt hey anon

>>21636183
Probably copper related. COPX is holding pretty. FCX and TECK seem to move opposite of PM which isn't really intuitive to me.

Ordered a Silver denarius a month ago and to get around customs they taped it the the bottom of a toy car. Funny to think that in a few years that toy will be in the bottom of a landfill while this coin has changed hands for around for around 2,000 years and will continue to long after me.

>>21636463
If you don't hold it..!

>>21636493
looks like a faggot kid, no thanks

Even my shytptos took a shit lol. Its all good. Time on our side frens.

>>21636572
Here is the other side, coin is of Antoninus Pius and is from around 138-161AD.

>>21636528
yeah i know i know, it satisfies my tism though for onle .25 cents more.

>>21636572
luv muh ancients
luv muh silva
luv muh blastas

simple as

>>21636633
Psssst

second dump incoming

Thank you anon who recommended to short SLV and sell short term calls

>>21636572
>>21636632
Very nice. Those designs have held up well after all those years. My only ancient has just the most subtle impression left.

>>21636688
checked and bent pilled, i could never do that to my scottsdale 1 oz bar

>>21636528
>the chad coin case preserver
vs
>the incel milk spot tarnish cheapskate virgin

I ordered some coins from a literal who from some middle of fuck where town last month and the son of a nigger still didn't send it. I called the asswipe some twenty days ago to ask what he's doing and he had a million excuses but he'd get to it that week. Called him again last week, no answer. Sent him an email, no answer, called him again today, rejected my call. What the fuck is his problem?

>>21636718
It woulda been nice to know when certain news would affect gold/silver

Heh, do they really think this is enough to cause us to panic sell? I don't feel anything from this little dip.

Drop it to $5/oz douchebags.

>>21636805
You say that as if its not your own fault for not knowing

bought more silver this morning. thanks for dip.

i picked up some random date rounds the other day. noticed some were stamped 2011 and 2013 maples. i actually don't think retail is onboard. people have been bagholding for a decade and they want out.

not entirely sure about these random date rounds. got a sigma tester on the way.

>>21636843
this, go on strike me down zeus

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>21636843
JM bullion premium went down to 3.29 from 3.49.

>>21636911
Please strike, thanks

>>21636843
Bring it on

what is the FLYING FUCK is going on

>>21636674
>>21636730
Comparing it to a merc the size is around the same but unlike the merc you can really feel the detail of the face and it feels like its popping out on the denarius.

The price is still higher now than what i paid last week. Stop being fragilistas.

>>21636536
Well it’s literally saving my portfolio right now. I’m taking some profits from my calls on them and buying some cheap divvies.

>>21636999
Fed situation did not change. Apparently, that's bullish for the dollar.

>>21636795
You got scammed fren.

>>21637040
those scumbags are getting desperate to keep Gold from $100,000 an oz

>>21636999
Paper smashdown, better get used to it lol

>>21636572
Damn thats a beautiful coin, you've sold me on getting one (or more)

Keep the car so you can do the same if you ever sell something on

>>21636050
I just placed a baby order with Universal Coin, they seem pretty good about following spot whether it's up or down. Too bad they have such limited stock right now.

Comex Gold 1960 will be short-term key resistance to break through.

>>21637059
fuck the comex and fuck JPM

I’ve got calls for AG that expire in January. What do we think the price of silver will be then?

CALLOUT: 10 oz DGSE Unity bars nearing 31$ an oz on ebay

Woohoo! Maybe I'll pick up my first ounce of gold.
Only 130oz silver :/

>>21636572
fake, time is reset every 1000 years

>>21635828
That is argent beauty, fren.

Who is excited for September? Also if the paper ounces evaporate due to default what price should physical be at? Is 2k-5k and ounce out of reason if it is know the paper market isn’t valid and essentially just fractional reserve Jew scheming?

>>21637072
>Universal Coin
Thanks for the info. I'm eyes open for deals. LCS might be the best bet for the moment.

>>21637153
picked one up at 1960 (2022 with premium) earlier today, feels bad man

UBI is coming boys

https://www.zerohedge.com/markets/devastation-middle-class-it-now-takes-53-weeks-median-wages-year-pay-basic-needs

How does the FED warning people that the economy is fucked unless the virus is contained reflects on PMs going down? This is some prime clown world shit.

>>21637228
sorry bro

>>21637167
Has a nasty premium, but I'm buying it tomorrow thanks to the dip.

Would I be a complete retard if I bought $10k worth of gold yesterday? Is this about to plummet back down to $1,000?

>>21637038
Based, probably a good swing, assuming the divvies are raws, consumer staples, or transportation. Maybe... KO? I don't see it more worthwhile than getting more Barrick or Newmont desu.

>>21637266
Bye bye middle class.
Hello permanent upper and lower class. Couldn't have the elites be threatened by your average pen pushing bozo.

>>21636762
kek

>>21635923
i'm diamonds

>>21637266
aka, we can buy silver with out UBI.

>>21637292
thanks, its okay at least I'll have an ounce

>>21636577
why do you guys worship a literal JEW

>>21637313
I don't think it's ever bad to exchange monopolybux for money (assuming you're solvent). DCA.

Keep dumping, I need to keep stacking!

>>21637360
>as he plays with manipulated paper laden with trickery and usury

>>21636054
what does this mean? will there be a mahor sell off of stocks tomorrow?

I’m ruined thanks Powell

>>21637228
Don't feel too bad. The morning of our recent terrible tuesday I picked up a 1oz Gold Maple for $2073. By the end of the day I could have had it for $1926.

>>21637178
You won't see a correction until we really get into the crash; at which point you'll likely have already seen the monopoly money skyrocket. For now, just make do and mend with the ~50-60 dollar Silver (assuming it's like last crash). We can roast some smores as we wait for a reset from that point onward, and pray the US Fed don't figure out a way to worm themselves out of this one like they did last time.
In fact, once the correction happens along with monopoly money; I'd say 4 digit silver will happen before the correction (at which point you'll see some dumb shit like quintillion-value silver in monopoly money)

>>21637313

If you're panicking, you're giving in to their games. Have the fundamentals changed? No. Can the governments of the world get out of their debt-trap? No. Can they ever pay off the debt? No. Is there 40% real unemployment? Yes. Are countries around the world dumping the dollar and buying gold? Yes. Is the real economy completely and utterly broken? Yes. Is regular helicopter money coming? Yes. Is gold still historically undervalued, in terms of the Dow:Gold ratio? Yes. Is silver still historically undervalued when compared to gold? Yes. Are mining stocks still historically undervalued? Yes, unprecedentedly so. Is the mainstream stock market still unprecedentedly overvalued? Yes. Did Warren Buffett just invest in a gold-mining stock? Yes. Is it still almost impossible to source physical silver? Yes. Are the bankers therefore likely to get wiped out either in September or later this year by the COMEX deliveries? Yes. And so on and so on. What changed today? The bankers dumped billions of paper ounces on the futures market. That's it. Nothing else. Nothing whatsoever.

>>21637360
You're a long way from Texas, /pol/yp.

>>21637337
The situation can not continue much longer even if they roll out UBI and start paying people.
They like to talk a big game with technology but in reality none of it is actually where it needs to be to build their technocratic socialism.
I mean they will try but I think its going to fail. Convert the UBI in to guns, ammo, and pm's and wait.

Alright goyims
I have about 1200 yuropoor dollars to turn into boomer rocks
Going probably all in gold tomorrow

>>21637358
kek nice burn. What's $20 in the sands of time?

bros...?

>>21637313
Physical has more or less decoupled from comex prices. No LCS/bullion dealer around me honors it anymore.
Identify why metals have risen this year so when there is a "dip" like this you can ask yourself if those previous criteria have changed so that you actually have control over your life and aren't reliant on other people's opinions.

>>21637506
Based Macro-pilled

>>21637313
bought the same last week. not concerned desu. if you have more reserve buy an ounce at a time. i've been stacking for 3 years so my avg cost makes me a winner.

>>21636370
>>21636528
>>21636633
>>21636762
won't be so crazy when those coins are easy worth 100 bucks :o)

>>21637280

After the last FOMC meeting, PMs were soaring up in a straight line, and then suddenly there was a dump of billions and billions of contracts which crashed silver from $29 to $23. The bankers always do this after important announcements. They always attack the metals.

>>21637529
Speaking of goyim...

FBI just tweeted this.................

https://twitter.com/FBIRecordsVault/status/1296144912497352705

>>21637506
Well said. Folks like us that see this as an opportunity.

>>21637597

Checked, we're heading to $12. This is a gift.

>>21637597
Q predicted this

>>21637593
i mean, i have some of the silver shield and come and take it rounds i got for 23 each, theyre popular on ebay for ~45 from certain dealers. i could undercut for 5$, make a bit on premium

>>21637597
Honeypot post.

>>21637637
oh shit do you have a mega upload of this?

>>21637506
Spitting macroeconomic facts. We can not wait to buy those silvers cheaply.

>>21637647
Shit, I'd welcome it. I'd clean every seller I could find clear out.

I put a quarter of my life savings into gold yesterday now I'm fucking terrified.

What factors make gold go down? I thought as the usd gets weaker gold goes up.

Why did it go down so much between 2011 and 2015?

>>21637703
It's right there in the tweet already linked

>>21637782
yeah i dont trust twitter or fbi links

>>21637650

>>21637688
The real honey pot is the fed themselves. They are witness to the truth time and time again and eventually submit to the red pill.

>>21637742
at least put a stop loss on that shit

>>21637742
Chillout. Put it into perspective. If it is truly your life savings, it took a while to build which is an eon compared to this bump (of many bumps). It also means you don't need the liquidity right now. You made a wise choice. this I have no fucking doubt.

>>21637742
If this is enough to scare you, you.should just hold cash at 0.5% interest.

>>21635899
Nice pick up. Love my Lil’ Chunkies

>>21636065
Elon is going to make it rain down from the sky plentiful like sand

>>21637266
>8 days a week

>>21637890
There is enough gold on earth to cover it 18inches thick. Go get it. No space ships required

>>21636370
Why do you need capsules for generic rounds? I'd think mylar sleeves or tubes would be enough to keep them in good shape. Also, it appears H&R Block is advertising via Captcha.

>>21637825
The fibbers are a degenerate organization with a secret mission to protect the degenerate promoting cabal and their assets.

>>21637742
Shit's volitile right now; don't sweat it too much.
Look at the precipitation to the previous crashes and just see this is all par for the course; essentially the writing shakedowns before the big numbers come in. If it's your life savings, just remember that it's safer in Gold than it is in a bank.

>>21637828
>stop loss
>>physical
Anon...I...

>>21637984
think it's safe to assume he's trading an etf

>Protocols of the Learned Elders of Zion straight up mentions to drain the Goyim of their gold
Can't believe they tweeted this, FBI was taken over from the Deep State at last?

>>21637742

>>21637453
idk when. Stock retards usually sudden figure it out all at once. But if long term rates keep going up it will happen, especially with companies like Uber, Tesla, and gruhub that won't make any real money for 10 years.

>>21638026
In that case he deserves to lose everything an more for being a dumb baka papernigger

>>21637742

It's simple; people were buying gold in 2011 in anticipation of an imminent dollar collapse. They were right to anticipate that the dollar would fall. But the Fed still had a little ammunition left. Nominal yields on the ten-year were still 5%, so the Fed was able to do Q. E. 1, 2, and, 3, to send stocks soaring, and re-inflate the Housing Bubble into the Everything Bubble. COMEX manipulation also caused people to dump gold and pour into stocks. Meanwhile, the Fed was lying to the world and saying that they would eventually shrink the balance-sheet and normalize interest-rates. Well, when they actually did allow the ten-year yield to go up to 3% in late 2018, it immediately crashed the stock market from 26,500 to 22,500. The debt-trap was exposed, the Fed was forced to restart Q. E. again, and gold began to take off in earnest. Everybody now knows that there is no possible way the Fed can ever get out of this situation without either defaulting or hyper-inflating. Everybody knows that normalization is a lie. We have negatively-yielding bonds, and they can never go positive again. The budget and asset-bubbles are so enormous now that even a 1% yield on the ten-year would crash the market and make the deficit too large to pay. Negatively-yielding bonds will cause a crash in the bond-market, by which the Fed will have to monetize more and more of the debt until it is the only buyer of treasuries--this would require printing literally tens of trillions, since the bond market is even bigger than the stock market. At some point, all confidence in the dollar will be lost. The dollar _must_ lose its status as the world reserve currency, and gold _will_ go 5x when that happens. There is no way out for the bankers now. None at all. Understand the fundamentals, and you will feel a complete sense of calm.

>>21637516

UBI is coming and it’s going to be the final attempt to reinflate the bubble. Stimulus checks are the first form of what they want to do. I can’t wait to use my Zimbabwe bux for PM’s and more mining stocks.

>>21635899
the rough look actually makes me feel more confident that it's real silver

>>21637028
>you're just going to sit in some Anon's coin collection and wait for the global generational debt based fiat ponzi scheme to collapse so he can trade you for 1 blowjob from a formerly well to do house wife?
>y e s

>>21637782
>the goyim cattle

oh so they actually call us this? I've always used this term in a tongue-in-cheek sort of way, didn't know it was real

>>21637553
The advertisers coming out of the woodwork is a sign that normies will be getting in soon (albeit at absurd premiums).

>>21638132

P. S. Two additional points for consideration:

1) Unlike 2011, the real economy is now completely trashed, and we have 40% real unemployment. We now need regular helicopter money simply to keep people alive. This means that inflation is going to work its way into the real economy, and cannot be redirected into asset-bubbles.

2) A banking crisis is imminent, a fact which is reflected in the share-prices of the banks. Warren Buffett knows this, which is why he is dumping them. Bailing out the banks would utterly trash the dollar.

>>21638190
Buddy dated a jewish girl. Her parents called him a goy behind his back

>>21638222
he just left, with trips!

>>21638222
They will absolutely bail out the banks. Anyone who thinks the feds will let JPmorgan fail are delusional so JPmorgan balance sheet is already on the fed's

When is our moon mission? 2021?

>>21637506
That's my big takeaway. The stock market as a whole is inflated like a balloon, artificially. All this massive unemployment and yet the Dow, S&P and NASDAQ are reaching historic levels? Jerome can only pump so much. Fundamentals are still the same: absolutely shit. Just keep doing our thing lads.

>>21637943
I just keep my generics in tubes. Seems okay considering they are like metals stacked... On my halfie filled one I stuffed some cotton in there so they didn't get rattled during transport

>>21638305
Anon, the question isn't if they will' it's if they even will be able to without the house of cards collapsing.

So let's go over today's news:
>Fed notes the benefits of YCC, but says not needed at this time
>Gold and Silver take a sharp dive(along with other things) before stabilizing
>Another Bank(Scotiabank) gets nailed with fines for PM price manipulation (as if we didn't already know this)
>FBI tweets about the "Protocols of Zion"
Can anybody Hazzard a guess what kind of powerplays are actually happening right now? Shit seems crazy.

>>21638200
The only people with newspaper subscriptions are in the right end of the Fox News population curve. No different than seeing monex ads during Hanity

>>21637506
You’ve just said it all.

>>21638305
It's more like what deal the feds cut them when they do- failure is inevitable at this point. Whether or not feddy boys make those problems poof into thin air is really how we know who won at the end.

Lol this “dip” is nothing compared to last Tuesday. If you held through that, congratulations, you are now immunized to shake outs like this. Keep stacking boys

>>21637742
Gold went down after 2011 because the Fed stopped QE and was able to increase confidence in the dollar. One of two things will happen in our current scenario, the dollar crashes or the Fed manages to pull things back to "normalcy". In the former scenario there'd be no reason to sell whilst in the latter there'd be very clear indicators of when you should sell.

>>21638401
They're making calls. Phone calls that can't be refused.
Their motive? Unknown, beyond us.

>>21636234
Good info. Thanks, bro

>>21637553
This feels like some legal loophole so some executive or other elites can buy up all of that silver for cheap while only selling a few bags at those prices to the public just to make it seem legit. Very strange indeed.

>>21638460
I think the fact we're seeing stairstepping shakeouts is a good sign of how this ends up. Stackers win big. They're just being smart and trying to hoover the cheap shit so they can move on to new schemes.

Friendly reminder that FED buying treasuries (i.e. QE) is a soft or implicit form of YCC since by buying treasuries they are overriding the free market pricing of bonds and supressing the yields. The only thing they are not doing is that they have not publicly committed to specific yields because they don't want to do this, but basically QE is already YCC just a soft form of it. Basically FED could say that they are not going to do YCC ever and simultaneously buy trillion worth of treasuries each month. This is similar to 2019 or when was it when they were doing QE and calling it "not QE".

>>21637506
> Are mining stocks still historically undervalued? Yes, unprecedentedly so.
A lot of them have horrible debt. Been researching these and a lot of them are shit companies. Someone recommended me MUX, what a pile of shit company.

>Is it still almost impossible to source physical silver? Yes.
I mean, you can still buy it online...

>Are the bankers therefore likely to get wiped out either in September or later this year by the COMEX deliveries? Yes.
God I hope so!

>The bankers dumped billions of paper ounces on the futures market. That's it. Nothing else. Nothing whatsoever.
I just hope these assholes don't have some trick up their sleeve to leave us holding the bags.

Why does anything nowadays matter? Looks like central banks can print infinite money and gv creat infinite stimulus packages to save every single zombie company and stop any recession. And now with YCC the next jewish trick is created.
PMs will probably go back to usual levels, stocks will skyrocket and the average joe is getting fucked by shadow inflation and higher and higher taxes. When will this stop?

>>21638401
>Can anybody Hazzard a guess what kind of powerplays are actually happening right now?

>>21638483
But debt to GDP was no where near as bad. This time, there’s absolutely no illusion that we will be raising rates. It’s impossible at this point with this much debt. Market crashed in 2018 when they left rates hit 3% and then they reversed course. Coronachan has only made that worse as there are trillions more in debt than at that time. There is no way out this time without either inflating the debt away or actually defaulting.

>>21637113
About tree fiddy.

>>21638132
Why can't the yields ever go positive again? Can you post data?

>>21638566
>Looks like central banks can print infinite money

>>21638566
>When will this stop?

I'd say 5 years at the longest. Fiat collapses are exponential, and the developed world is entering the acceleration phase now.

>>21637782
LIBERTY OR DEATH, FAGGOTS

>>21638666
SATAN, NOOOOOOOO I WANT COLLAPSE NAAOOOOO!!!!!!

>>21638740
Longest; shortest can be a matter of weeks.

A C C E L E R A T E

>>21638666
You have someone like Alasdair MacLeod saying we’ll have a dollar crisis before the end of the year and a banking crisis at any moment, while you also have Brent Johnson saying that he thinks the Fed can draw it out and the dollar has 2-3 years.

Stocks are still better investment than pmg.

>>21638847
pmg is for preservation not investing

>>21638566
They can't control dwindling US GDP (especially essential goods) and foreigners making it a policy to dump dollars and not accept new dollars.

>>21638847
when you find out about hedges and turn 18 come on back

>>21638460
I cant believe anyone is actually rattled by this drop. Its on sale, retards

>>21638911
Nah, in an economic collapse they'll gain genuine value on top of their preservation status - while the Stocks are in free fall to the dirt. You should expect to make some serious bank off of this if you know what you're doing; especially with Silver's volatility.

>>21638847
>buying 3% earnings yields and a 2.3% risk premium is better than the sidelines

absolutely ngmi

IT'S NO FAIR BROS
I JUST WANT THIS QT TO BE MY GF
FUCK THIS GAY ASS EARTH WITH JEWISH CENTRAL BANKERS
FUCK IT KEEP BUYING THE DIP
WE MAKE THE RULES NOW
FUCK THE BANKERS
WE ARE THE REAL ECONOMY
DUMP STOCKS, DUMP BONDS, DUMP IT ALL
BUY GOD'S MONEY

>>21638943
>hedges
What are you talking about boomer?

>>21638943
I was trimming hedges when I was 10

>>21638826
I'd bet on Alasdair over Brent any day of the week and twice on Sunday.

>>21638971
the real drop hasnt came yet

Woohoo this is the dip I've been waiting for! But will it go even lower tomorrow?

>>21637515
go home jew, stacking isn't for you

>>21638132
Based. Thank you, goldbro

>>21638556
What makes MUX so shitty?
>t. 77 shares

>>21637597
What the fuck is going on?

Eyes on long First Majestic (NYSE: AG) right now...

>>21639153
I have 180 shares.

>>21639072
Its a junior. If they can't realize $2000 gold prices the company is going to essentially be valued by the market as an out of the money option.

>>21638998
>t-t-thats a big coin

>>21636234
could you please spoonfeed me? what is happening in september with Comex and how is this expected to change the market?
especially since it is so heavily manipulated.

>>21639153
OH BABY

>>21629604
The people who were selling it, did they rub hands often and have big noses?

>>21639196
perhaps in relative terms

>>21636370
haha this is beyond pathetic

>>21638641
Let's say you have $10k per year in income, and you owe $100k in debt, and you have to pay interest on that debt. If the real interest rate (interest - inflation) is even 10%, you have to spend ALL of your annual income just to pay interest in order not to default. Every 1% of real interest that you pay is actually 10% of your total budget for the year, just for interest. Even if you could pay 0 interest and put ALL of your money towards your debt it would take 10 years to pay it off, without being able to afford too spend money on anything else at all in the meantime.

That's basically the situation that the US federal government is in right now. Now add to the situation the fact that many US businesses are ALSO in the same position ("zombie companies"), and are dependent on low interest rates, rolling debt, and bailouts to keep them from going bankrupt and shutting down. If rates rise, not only would the federal government go bankrupt, but so would a huge wave of US businesses, creating another huge wave of unemployment which means even less productivity, which means less tax revenue, which means less income to pay debt interest, etc. It's an almost immediate and massive downward spiral.

https://usdebtclock.org/

Someone has to make our products (we sure arent), foreigners aren't going to accept our shitty dollars and risk vs reward forever.

>>21636031
That logo looks familiar and that front desk with the red backround looks like the lobby at a Bond villians secret HQ.

Are banks evil?

>>21636028
So it's de facto YCC, just not de jures?

>>21638132
>Understand the fundamentals
Impossible

>>21639292

Bullish for stocks

>>21638740
>>21638813
>>21638826
Like most people here, I am preparing for a collapse that could happen next week. I wouldn't be surprised if they managed to drag it out for a few years, but the snowball is rolling and there is going to be a hard limit, which I loosely place at 5 years.

>Oh anon, thanks for this mercury dime, how can I every repay you?

>>21638460
My average is about 23 (late starter, I know) so these shake outs mean nothing to me right. Nor will they ever. Even if it crashes to 5 dollars an ounce that's just a good opportunity to get more for my burlap sack I'm going beat bankers in the head with.

FUCK ALL THESE PONZI SCHEMES
I JUST WANT A HOUSE WITH A WIFE AND KIDS AND A SMALL FARM
THESE BAKING FUCKS TOOK EVERYTHING AWAY FROM US
FRAUDULENT RESERVE IS BENDING US OVER AND FUCKING US WITH NO LUBE
DOLLAR IS FAKE
OUR LIVES ARE FAKE
CORONA CHAN HAS UNIRONICALLY SAVED US ALL
KEEEEEP BUYYYYIINNGGGGGG FAGGTOS
BAAANK RUUUNNNNNN
AAAAHHHHHHHHHHHHHHHHHHHHH

>>21637597
https://www.youtube.com/watch?v=5l4OEJ38aLY
ITS HAPPENING

>>21639334
Don't know but my BAC shares are red now, along with everything else except for aapl.

>>21639226

Everything you need to know is right here.

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

I LIKE BIG COINS AND I CANNOT LIE

>>21638815
lol that image

>>21639432
Get out of these markets man. Just stop participating. Crypto is our salvation.

>https://finance.yahoo.com/news/all-eyes-on-gold-morning-brief-095852983.html

TL;DR Golds looking good

Why shouldnt I sell my deep itm GDX calls and buy 9x as much far otm AG leaps

>>21639409
My average is ~$24.40/oz including 5 batbois. If the price drops a lot I can reduce my average cost/oz, if it raises then it just means my stack is worth more. I'm fine either way.

>>21639292
So we are printing money to give it to ourselves to pay off interest on that initial money we printed without getting anything in return, which makes each dollar worth less and less. I don't understand why the Jews don't hire a white person to design a system to keep people enslaved and benefit off of it without that system crashing...

>>21639338
It's the same outcome either way. Similar to how one round of QE was named not QE. The FED is just trying to bullshit people.
>>21638530

>>21639498
SHUT UP CRYPTO JEWWWW
IMMA UNPLUG YOUR STUPID LITTLE FLASH DRIVE
ONLY GOLD AND SILVER ARE MONEY YOU IMMENSE RETARD

BUY THE DIP BUY THE DIP BUY THE DIP
GOLD IS ON SALE

>>21639462
if that coin is indeed real, thats a 68.5 million dollar coin

>>21639498
OY VEY!

>>21639549
This is /pmg/. We only fucks with the real shit nigga.

>>21639072
It's not even turning a profit at current gold prices and their forecast is to remain unprofitable over the next 3 years. MUX has less than a year of cash runway based on its current free cash flow... I mean, it's literally a shitcoin.

>>21639498
>be bank
>see thousands of sneeds whaling on crypto instead of bank CDs
>fugg end is nigh
>sit on edge of 30 foot bank tower contemplate the end
>holdon.jpg
>cause massive infrastructure shakedown
>buy up all the power companies
>cause all power plants to go bankrupt
>cause all commodities used by power plants to skyrocket in price
>rolling blackouts begin
>cryptofags ruined 1 by 1 as power infrastructure fails blowing out their hardware or rendering it unusable
>after the last cryptofag is ruined buy all their property for pennies on the dollar

hold tight boys, the second dump is coming

>>21639516

This fiat system isn't new. It has been tried dozens of times before, and always failed. This is why Howard Buffett, the ingenious father of Warren Buffett, was able to predict exactly what is going on right now in 1948. He said that paper-currency would cause America to become a totalitarian welfare-warfare state.

*

"The paper money disease has been a pleasant habit thus far and will not he dropped voluntarily any more than a dope user will without a struggle give up narcotics. But in each case the end of the road is not a desirable prospect

…

Unless you are willing to surrender your children and your country to galloping inflation, war and slavery, then this cause demands your support. For if human liberty is to survive in America, we must win the battle to restore honest money.

…

I can find no evidence to support a hope that our fiat paper money venture will fare better ultimately than such experiments in other lands. Because of our economic strength the paper money disease here may take many years to run its course. But when that day arrives, our political rulers will probably find that foreign war and ruthless regimentation is the cunning alternative to domestic strife. That was the way out for the paper money economy of Hitler and others.

…

Today Congress is constantly besieged by minority groups seeking benefits from the public treasury. Often these groups control enough votes in many Congressional districts to change the outcome of elections. And so Congressmen find it difficult to persuade themselves not to give in to pressure groups. With no bad immediate consequence it becomes expedient to accede to a spending demand. The Treasury is seemingly inexhaustible. Besides the unorganized taxpayers back home may not notice this particular expenditure -- and so it goes."

https://www.goldmoney.com/images/media/Files/Educational/Howard-Buffett-explains-money.pdf

>>21637597
https://twitter.com/AngeloJohnGage/status/1296158833119768576
>Protocol XXII Power of Gold
Lads?...

>>21636572
>Funny to think that in a few years that toy will be in the bottom of a landfill
Don't throw the cute car away D:
>>21636632
>Here is the other side
>Flips car as well
Lol I like your style Anon, nice coin btw, where could I get one if I was in the market?

>>21639229
Nice.

Sold some of my PSLV and bought 400 shares of AG.

>Bought my first 1oz of gold yesterday
JUST

>>21639014
And i can't wait.

>>21638460
based

>>21639784
Bought my 6th Sunday night.

>>21639784
well done fren, would you mind sharing a photo of your gold for our pleasure?

Went with 25.5c for friday. I expect a small pump yet I have been letdown before

Would anyone else love to tenderly caress Lyn Alden and her feminine benis?

>>21639537
it's still barely lower than it was during the weekend

Aren't you metal cunts worried about asteroid mining? We're one captured asteroid away from your precious metals being worth dick.

>>21639790
asia dump will be glorious

>>21639509
Thats about my average too. Id love to pull it down somewhat

>>21639886
No

>>21639893
every single day is a day to buy more gold.

>>21639055
>1 post per ID
>if you defend stacking, you shouldn't be stacking
>if you don't want newfaggots from /pol/ shitting up a /biz/ thread about the precious metals market, you're a jew
peak retard takes


>>21639364
Don't hedge on a total collapse overnight; even in completely destroyed societies, a sham was maintained for as long as normalfaggots could possible. My take on 'reality' would be 3-5 March-tier crashes one after another, then a delay of about half a year before the entire Western world starts to really feel it.
See the bosnian war where you still had kids killing balls around and women going to salons in the middle of an open fucking war zone devoid of any and all currency or order.

>>21639498
>the solution to a crashing established fiat market is to move into a crashing unestablished fiat market

>>21639722
>Today Congress is constantly besieged by minority groups seeking benefits from the public treasury. Often these groups control enough votes in many Congressional districts to change the outcome of elections. And so Congressmen find it difficult to persuade themselves not to give in to pressure groups.

He knew about the Jew

>>21639906
Nice meme

my merc dime is now only worth $1.94, how long till my bj?

Honestly what is going on with these prices? I thought it would hit 30 or blow past it considering the almost 700 million ounces of silver that has to be delivered in september that would collapse the comex scam so what the heck is going on with gold and silver? China stopped their metal sales and USA is limiting how much gold and silver they sell to people like JMB and what not so what gives?

>>21639906
>Operating mining missions in moving objects in the fucking space
Yeah bud. Stop watching sci-fie movies

Physical limitations of weight, transport, ressources will take decades to overcome and then WE don't even take into account that every asteroid has different metals size and speed

>>21639906
Yeah, and we're 2 centuries from that happening; even without an impending global economic crash and resultant shaekup. Get your head out of your sci-fi ass and get back to reality.

>>21639750
I got mine off of ebay from a seller in Ukraine, just make sure that the seller has all positive reviews and that you aren't buying a random coin listing. Another anon posted this chart and its helpful to determine the amount of silver in the coin you want to buy.

>>21640008
>us limiting how much they sell like jmb
fuckin first ive heard of it. i was under a cash and carry impression, you got an article?

>>21639911
Well like I said it goes one of two ways. Price drops to pre-COVID numbers and we can easily pull it down, or the price keeps steadily climbing and $28/oz becomes the new $18/oz of yesteryear, making our stack simply worth $4/oz below spot. I'm more than ok with either, personally. Ideally there's a flash drop and it bounces back but that'd be ridiculous to expect.

>>21639987

He clearly singles out Hitler for blame as an archetypal Keynesian, so not really, no. By minority groups Buffett might include the Israeli Lobby, but that category would also encompass any pressure-group, whether left-wing or right-wing. 18th-century France is the closest historical analogy to what is going on right now, and the Mississippi Bubble was the invention of a Scotsman, John Law. And Keynes himself was a gentile, as were the architects of all the other paper currency schemes throughout history.

>>21639906
Mining on Earth is hard as fuck. Why would mining in space be any easier?

>>21640113
https://www.mining.com/us-mint-sets-limits-on-gold-silver-coins-sales/

Slowing production for 12 to 18 months

>>21636031
>the bank attempted manipulation and spoofing of gold and silver futures contracts thousands of times over the last eight years.


holy shit, it's happening

>>21637597
>SHUT IT DOWN IT'S A CONSPIRACY THEORY

>>21640023
I think some of you might have some misconceptions about how space works. It takes comparatively little energy to alter the trajectory of large bodies in space. It's 100% feasible with today's technology and all of the major mining company's are looking into it. The entire process would be automated and even getting the metal to the surface isn't as logistically challenging as most people would think.

10-40 years. Fiat on a long enough scale is going to be way more stable.

>>21640008

>>I thought it would hit 30 or blow past it considering the almost 700 million ounces of silver that has to be delivered in september that would collapse the comex scam so what the heck is going on with gold and silver?

This is precisely the point. The bankers dump the price to shake out weak longs, as well as to close their own short positions and go long. The bankers are trying to make the situation as favourable as possible for themselves in anticipation of the September deliveries.

Dumb question, but I can touch bullion coins like American Silver Eagles, right?

>>21639993
Go to /trv/ if you are that curious. Market rate varies by country.

BXSfjt0/

1 post by this ID

you don't get a (you). every thread this moron comes. go make your own thread if you love asteroid mining so much.

>>21640274
Perfect. Seems like you have 400 IQ, maybe you are the next Elon, go for it.

>>21639456
You sold everything today, right? Tomorrow is bloodshed.

>>21640274
Yeah until you need to fix something that's broken. You're probably one of those retards who thinks automation will eliminate net jobs. God damn 21st century Luddites I tell yeah!

I bought $3000 worth right before it dumped today

>>21640317
no if you do, they decay and tarnish

>>21640247
yeah thats only the US mint supply, and eagles have been overpriced for 4 months.

>>21640403
>no if you do, they decay and tarnish
but it's just bullion. They don't have any premium. Are you fucking with me?

>>21640456
only a little.

>>21640317
Yeah, most retard boomers are like
"don't touch the surfacerinos"
but then they pay negro tier premiums for one that was kept in an album and oxidized.
You can use a product like MS70 to remove any finger oils you get on it. Had a philharmonic that oxidized pretty ugly and it fixed it up to being saleable again.

>>21640360
Why would I sell?

>>21640317
People wear gold a jewelry.
Naturally you can play around with it

>>21637360
Jesus is the only jew i worship

>>21640486
Based. I wash my old coins to make them shiny.

>>21639677
A friend of mine’s house was struck by lightning last week. Or, rather, it wasn’t directly struck, but the strike was so close that it basically acted as an EMP for their entire block. His computers and all other active electrical equipment, TVs, guitar amps, ham radio, all of it, got completely fried. If he’d been holding crypto on a hardware wallet, I’m sure it would have been fried too. That’s why you keep that secret pass phrase safe, folks. And if that happened on a larger level, your crypto is indeed fucked.

>>21640456
Order Cull ASEs from Apmex (or ask for them at your LCS, you'll get them for a lot cheaper than regular and many of them look almost the same as uncirculated, but with fingerprints on them. Touching an ASE (except for on the rim) gets rid of a lot of the resale value.

>>21637360
Are you implying sound money policy and good advice is inherently zionist? That's awfully (((anti-Semitic))) of you.

>>21640486
this, unless its severely tarnished id even say hydrogen peroxide/ isopropyl is a good degreaser

AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
BURN IT DOWN

>>21640512
largely gold alloy unless 24kt

>>21640287
What is confusing is why other countries do not play into this. What is to stop a country like
China picking up and demanding delivery on all of the contracts? Wouldn't the crash benefit them?

>>21640605
Oil based non corrosive "conservers" are really good stuff. You can take a ton of dirt/tarnish off and not harm the surface if done correctly. Verdicare and Coin Care are pretty good- coincare will dull silver so an application of MS70 afterwards is usually required.

>>21640645
Yes. But Im assuming hes talking about touching his Maple's, not.. idk. throwing it on the street or something.
Touching even fine gold is fine.

>>21640725
gotcha, yeah gold is less if at all likely to tarnish

>>21640683

It's not in China's interest to crash the COMEX yet. They want to accumulate as much gold as they can while the game of musical chairs is still going on.

https://www.youtube.com/watch?v=SrE2OI7ke0I

>>21640345
Elon's already on it.

I think some of you are underestimating how far we've come. Small ships with electric thrusters can attach themselves to asteroids and alter their trajectories (over the course of years, even decades) and guide them into our gravity well. From there they can be drilled and refining can be done with centrifuges and materials can be dropped into the ocean in buoyant cargo capsules ready to be scooped up.

I'm fucking retarded and even I can see that this is the future.

>>21640757
Yeah. Even then I dont see the problem. I once sold a coin with bite marks and got the full price.
99999 Maple btw.

>>21640718
little side hobby i have is finding good details peace/morgan dollars that are fire damaged or completely blown out with dirt and cleaning them up with a bit of barkeepers friend in some water. a little light finger rubbing takes it all off. very satisfying and they werent numismatic in any way anyway

>>21639376
kek

>>21640828
bite marks?

>>21636572
Actually a cool story.

>>21640919
I have absolutely no idea how they got there. They were some coins from my grandfather that I inherited.

>>21640817

Tesla Charts has shown conclusively that Elon Musk is a worthless con-man and Tesla is a fraud-company, so any future which you speculative upon can be immediately disregarded the moment you bring Musk into it.

https://www.youtube.com/watch?v=r4Q2q8uuUU0

>>21640817
Perfect. Good for you. :)

Had this shitty meme discussion already multiple times and it makes me bored.

>>21640988
>Tesla Charts has shown conclusively that Elon Musk is a worthless con-man and Tesla is a fraud-company
Linq me to the sources.

>>21640988
I didn't bring musk into it, guy I responded to did. Asteroid mining wasn't his idea, but I wouldn't be surprised if spacex plays a role in it. You guys will be fine, but in a few decades you wont if all of your wealth is tied up in precious metals.

>>21640988
The only reason Tesla hasn't gone bankrupt is because millenials have unwavering faith in him. The company was literally going bankrupt several times and then millenials bid the share price up enough for them to survive. This is the biggest reflexivity bubble of all time

>>21641078
Where can I buy Japanese silver?

>>21640988
I have no idea how a 944 P/E ratio sounds like a good buy and not at all a bubble. My elderly mother in law asked me about if she thought I should buy Tesla. I said no. Then it went up another 300 points.

anyone baking? or should i get started?

>>21641236
https://www.providentmetals.com/1-oz-silver-asahi-round.html

>>21641236
Here.
https://www.jmbullion.com/1-oz-asahi-silver-round/
Now, tell me why I should've sold please.

New Bread
>>21641419
>>21641419
>>21641419

bought 1000 Aurcana at .58 am I ruined?

Hi I only have 1oz gold and a bunch of linkies. How much silver should I get

>>21637506
> Is it still almost impossible to source physical silver? Yes.

pawnshop?

>>21641463
sell your LINK, all of it, even if you'll refuse to put it in silver, crypto is crashing my man, be on the side lines

>>21641307
>>21641333
I thought asahi was rebranded JM... its mostly N american silver