/biz/ - Business & Finance

>>22173797
>Where are normal sane people supposed to go? How are we supposed to accumulate wealth in a reasonable manner. Fuck. Everything is against us and everything is rigged.

You sound like a crybaby. PMs are assets, so are quality properties, desired collectibles, shares in productive companies with good fundamentals like miners, agriculture, defense, energy.

What exactly are you even complaining about? You know exactly what you need to do, it’s just a matter of doing it. And from what you’ve said seems like you’ve already started, which makes your Debby downer attitude even harder to understand.

HERE IS THE DEAL ANONS

Liquidity is drying up. Despite all the money printing the velocity of money is almost nothing. Silver could go as low as $23 by Friday.

Dow could crash by 10%

However, either the second PPP program or Trump's executive stimulus is going to be announced Friday night after market closed.

Expect a moonshot in every asset next week, and as the paychecks get deposited money velocity will go exponential in a very short period. There is too much stagnant money sitting out there, once it starts moving it won't be able to be stopped.

We could see the first hints of hyperinflation by the end of September/early Oct.

silver will break ATH of $50 EOM

screencap this for epic gains

oh, the end of the last thread was quite sudden

got some new rounds today, looks like silver is going on sale so ill probably get more in a week or so

Have any of you thought about what you would do as your end game if your wealth was in the form of 100lbs of silver in a fucking safe and actually had to gtfo?

>pmg still posting they're worthless silver collection

>>22173446
>quoting silver prices

Sure gold is slightly down from ATH... and? its building support above its prev ATH

We could very well see a massive pull back as stonk boys sell everything they have due to crash.

If that happens, it will be followed by PM going up significantly.
If that does not happen, PMs will continue to go up until:
Countries stop printing money
Debt goes down
interest rates go up

>>22173983
quite possibly, I am hoping my financial moves complete before this and I have some powder to burn

>>22174190
Not much point hedging for that scenario to be honest unless you have military or LE training

>>22174203
We are below the previous ATH. and every time it has gone above it since Aug it comes down within a day of trading.

>>22174220
This is precisely why metals won’t be the doomsday currency you think they will be. The power elite already know this.

>>22173587
>anyone who even suggests that pmg has been overhyping something is an anti-physical, jidf weak-hands'ed, IP-swappin' concern-trollin' shill
pic related


>>22173707
>you are bitching on the imageboard that anons didn't tell you to buy tesla because it pumped so hard. it's hindsight thinking.

I'm actually mad that giant tech stocks have gone up 7x since march against all possible logic and reasoning. Not that nobody told me to buy them. main stream media has been telling me to buy them all year. Something about 'the market can remain illogical longer than you can remain solvent' basically.

>>22173797
It's almost like there's a middle ground between IT'S GONNA MOON TOMORROW BUY NOW OR BE LEFT BEHIND, and "worthless shiny boomer rocks". Like maybe it wasn't necessary for me to cancel my weekend getaway in august , because september is here and the world hasn't exploded just yet.

Dead thread.

>>22174432
>Implying I will ever sell

So are you just buying it all so you can Smaug or Scrooge McDuck it while eating off the dollar meal at McDonald's? I don't get the point of buying metals to never sell them lmao.

why wont you faggots read?

https://gematriaeffect.news/september-28-2020-the-coming-second-save-of-coronavirus-covid-19/
https://gematriaeffect.news/october-5-2020-a-date-to-watch-for-regarding-stock-markets/

https://gematriaeffect.news/samoan-fruit-bat-will-be-featured-on-quarters-released-by-us-mint-january-12-2020-news-february-3-release/
https://gematriaeffect.news/the-42-tribute-on-the-tuskegee-airmen-quarter-to-release-february-of-2021/

>>22174506
>gematria

into the trash it goes

>>22174482
the point is to trade them for BJs from formerly well-to-do housewives obviously.

Or, trade for goods and commodities that you actually need. Why would I stack metal just to trade it for fiat? That goes against the fundamentals of half of the stackers here.

>>22174536
Getting rid of it for anything is, in fact, selling it. Everything is a trade and when you get rid of something for something else, that's called selling.

>>22174482
>So are you just buying it all so you can Smaug or Scrooge McDuck it while eating off the dollar meal at McDonald's?

>>22174581
based

>>22174203
>Debt goes down
>interest rates go up

That can literally never happen with the current global fiat system. Forget about the USD globally every currency is fiat, and they are all printing like crazy trying to keep up with the US zero percent BRRRR strategy. If you bundle all fiat debt notes in existence from every currency you are talking about QUADRILLIONS of USD worth of global debt in existence. The only problem is right now the velocity of money is in the shitter due to the great COOF. The value of currency is derived from it's use as a debt settlement instrument. IE you pay your debt by giving a note of someone else's debt to your lender. (it is a pretty fucked up system BTW) anyway there are quadrillions of these notes just sitting, doing noting. Just the M2 supply of the USD is through the roof as of 2 months ago... When that money starts moving back into the system, it will move with lightning windrammer force and speed. The only reason Govt's want to print, is because they are front running the destruction of their own currencies and buying what they can with it before the inferno takes everything out.

What happens after this is the world goes back to a gold/silver standard. It is the only thing that can inspire confidence after that type of chaos.

I should be happy I’m up 50% on my gold stack but I’m not happy

>>22174524
you are evil for ignoring it
this is the kabbalistic playbook and the reason WHY the elite use this code
https://www.sacred-texts.com/jud/yetzirah.htm

they have been mocking us throughout history and only a few good men know

>>22174629
Take your meds please.

>>22174624
I started buying silver at ATH so anything below that feels like a great deal.

Just bought 1kg for $1302 CAD and I feel great.

>>22173983
>Silver could go as low as $23 by Friday.
paper silver

>>22174650
the fact that you are not interested in any of this to such a degree where you are dissuading others from investigation... leads me to believe that you are worth very little as a human being. You are a slave and i found out how to expose the occult religion of the "royalty"

>>22174190
You fucking carry it.

>>22174253
do you not understand what building support above the 2011 ATH entails?

we have had sideways movement above 2011 ATH after reaching true ATH... this is good, its called setting in a higher floor.

Silver has not even hit its prev ATH... every fundamental reason for PM's going up is still there, and is in fact stronger then ever.

>>22174867
>Hauling around a dense 100lb box that many would kill you for in times of danger

Sounds like a grand time.

>>22174903
Previous ATH was about ~1970. How many times have we settled above it for two days in a row since the early August selloff?

>>22174912
>He didn't diversify into /fit/ or /k/
ngmi

>>22174263
based silver goblin

>>22174621
>When that money starts moving back into the system
Assuming they want to keep the current system, what stops governments from forcing more shutdowns or a 2nd COVID hoax? Also, higher income taxes or tariffs are both deflationary and pretty much guaranteed regardless of who wins elections.


I think you are also underestimating the jewiness of commercial banks, in that if they can get away with lending at higher rates, they will. If there is a sudden demand for loans, the jew premium on rates will go up.

>>22174190
silver is not the bug out PM gold is...

>world ends, have to bug out
>bury silver
>leave
>come back later

what about this is so hard to understand?

How are you going to bug out with stocks? How are you going to take your 100k out of the bank if they are all closed?

I do not expect a total SHTF scenario, even a civil war is not an "everyone bug the fuck out" scenario, and even total SHTF isnt either... where the fuck do you even go when everything is fucked everywhere?


The most likely scenario to be played out is:

BRRRRRRRRRRRRRRRR continues, 0% interest with real -% if not actual -% rates, debt goes up and up never to be repaid.

higher ups crash all assets by liquidating at or near a top like we are seeing now. Prices then crash, ruining retail, then higher ups/institutionals buy in for pennies on the dollar.

They then go "hey guys, this fiat system is broken, who knew it could fail? lets try something else"

Something else will either be more fiat, like electronic FIAT, or PM/asset backed currency of some sort.

Either is good for people holding PM's

The idea is to be able to get through to the other side, PMs preserve your purchasing power, or even increase it.

Friends, funz, food, and fundz, in that order

>>22173883
>No one wants to buy your stupid boomer rocks!

>>22174950
in 2011 it TOUCHED 1970 and was above 1900 for a bit over apprx a month long period.

right now it has sustained above 1900 for almost 2 months while approaching 2100

>>22175316
obviously in million of AUD

>>22175155
>Assuming they want to keep the current system, what stops governments from forcing more shutdowns or a 2nd COVID hoax? Also, higher income taxes or tariffs are both deflationary

All of these things deflate the real economy and at a certain point they won't be able to contain the justified populist anger.

>>22175155
tariffs are inflationary, sir.

>>22175155
I can guarantee you something like Wu Flu will happen again. Like, 2022 or 2023. But when it hits again it's actually going to be much worse and people aren't going to think it's a hoax. What are the governments going to do?

>>22175159
I think we'll go to sticks before 100% digital money.

>>22174482
Physical stackers are either attempting to preserve wealth to pass down as inheritance, preserve wealth through the predicted total economic collapse and reset to gold standard, collecting shiny boomer rocks as a hobby or they're retarded.

Looking to cash in on market pricing of PMs you’re best just buying SLV for the liquidity, otherwise premiums are gonna rape your returns

>silver red
>AG green
Is this really happening?

>>22175486
Yes, from a cost-push perspective. Shitty for consoomers, but higher prices will no doubt slow down the velocity of money. Cost-push factors don't change the value of the US Dollar. When we look at the bull case for PMs, we are looking for the value of USD to go down.

>>22175346
this whole past month has been gold establishing its previous ATH as a new support for it to continue much higher.

>entire market down
>bought miners months ago at lows
>I’m still up $200

I can only imagine when the dollar crashes

>>22175399
>>22175563
I am thinking along the same lines.
>can't contain the justified populist anger
>gov gay ops and enough people won't think its a hoax
Civic unrest + desperate government = war or something drastic.

Just trying to put together as many pieces of the PM bull case as possible.

it hasn't mooned yet

>>22175886
Don't worry. It will. Normies are selling off stonks and moving into cash i.e. down the liquidity pyramid.
Then the US Fraud Note will tank.
Then it's game over.
Metal chads will win.

>>22174190
What the fuck are you talking about?
YOU CAN CARRY A TINY SATCHEL OF GOLD WORTH SHITLOADS YOU FUCKING RETARD

Stonks are getting brutally hammered and PMs and miners are only slightly red, i think this is the start of the next leg up boys.

>>22176013
>Nervously repeating year of year.

>>22176043
>he thinks fake fiat paper and digital goy bux are a safe haven

>>22174621
>Forget about the USD globally every currency is fiat, and they are all printing like crazy trying to keep up with the US zero percent BRRRR strategy.
Opposite, USA BRRRR is a reaction to liquidity needs of other countries to settle accounts. We have/had a use it or lose it opportunity with our side of the trade.

>>22176021
True, we’re down a little, meanwhile our /smg/ frens are getting extremely rugpulled

>>22176182
Lol holy shit

>>22176020
That’s the point. What you gonna do with all your silver you’ve been stacking to maintain your 100:1 ratio. Leave it and just take you two gold maple leafs

>>22175839
Do you really want to build the bull case for PM's? Look at this. This is it in a nutshell without making it too complicated.

NEM might be a good opportunity. It got swung with the S&P. Might indicate that it is a very good play (as well as FCX) for co movement exposure to the broad market.

gold gonna moon just be patient you fucks lol, where do you think the stock market collapse capital is going to rush towards? crypto speculation is very volatile, it might get a temporary bump before the next dump but gold will consolidate nicely and thats not even accounting for inflation immunity

>>22176182
Trading like shitcoins.

>>22176182
F

>>22176375
will one ounce buy me a home with 20 whamens?

>>22176147
Once again Milkshake fags need to explain why Fed foreign CB swap lines were barely used initially and are not being used anymore. Where is the foreign demand for USD?

>>22176375
Zeros and ones are going to roll out of bonds into PM's and equities. Equities are going to rise. It's probably the safest but it's still going to be shit. Basically there is nowhere to hide for big money.

Gonna rebalance before the weekend. Might even hold cash over this weekend.

>>22176182
>>22176233

there's a sell program in place. it's marketwide. i pointed out the same thing when gold hit ATH and the general market was green as well.

assets are moving in a correlated manner now. it's very odd. over the long term PM and paper assets do have a strong inverse correlation however.

>>22176334
I still need to poke holes in it. To me pic looks like an eternally manipulated trend down. Could continue down with an introduction of a central bank crypto coin for example.

The PM bull case has to assume that no other asset class will be expected to yield positive returns within our life time. Thinking in terms of discounted cash flow analysis, so its between Bonds, Cash and Equities. PM bull case needs all to be yielding negative for an extended period of time, which I can see, but only for a short time.

>>22176466
>Where is the foreign demand for USD?
iirc, it was literally just to resolve balances and keep general liquidity in foreign markets because a freeze out there can bring a freeze back home since assets would become non performing. The loans the fed got via swaps either needed to be spent/disbursed or lost. I too denounce the milkshake, it's stupid, the earlier post and this one are just my recollection of events.

>>22176674
My tinfoil says Sept 11 or bust.

Haha the fags over on /smg/ are shitting the bed again! Sad!

>>22176182

>$TSLA down 10%

Once my mom called and asked if she should buy some I knew that the rug pull was called in. Zoomers got BTFO

>>22176724
The case for silver is a simple function of supply and demand. Bellow ground silver supplies are limited and above ground recycling is currently not profitable. More tech demands more silver. The current price can not be maintained forever.
Eventually demand will outstrip production and regardless of possible manipulation the price will increase and significantly.
If you are betting on high technology you should hold silver, simple as

>>22176724
stock and bonds are positively correlated long term. CAPE ratio is currently at 32. only happened 3 times since 1880. pre-great depression, pre dot com, and present bull market. forward 10-15 year returns should be expected at zero or negative.

in such a world, only maintaining your wealth is a win. thusly, PMs.

not even RE will be immune as cash strapped boomers sell their houses to pay for their retirements. they have no liquidity.

finally, the great demographic cliff awaits us. harry dent talks about this extensively. any asset based on promises of future return from an expanding population base will see revaluation multiples lower.

we will have secular deflation. and the CBs will fight it with hyperinflation. real purchasing power will be eroded from paper assets.

>>22177000
It’s still going down.

>>22177106
>not even RE will be immune
The population pyramid is the damning part about RE.

>>22174124
this looks promising

>>22175617
implying you won't sell your metals with premiums, the most retarded argument ever

MONETARY RESET IN PROGRESS
>MONETARY RESET IN PROGRESS
MONETARY RESET IN PROGRESS
>MONETARY RESET IN PROGRESS
MONETARY RESET IN PROGRESS
>MONETARY RESET IN PROGRESS
MONETARY RESET IN PROGRESS
>MONETARY RESET IN PROGRESS
MONETARY RESET IN PROGRESS
>MONETARY RESET IN PROGRESS
MONETARY RESET IN PROGRESS
>MONETARY RESET IN PROGRESS
MONETARY RESET IN PROGRESS
>MONETARY RESET IN PROGRESS

>>22177000
It is kind of enjoyable, not gonna lie.

>>22177144
HA

>>22177230
oh shit do I want to own miners then? maybe i should go all in physical

http://freetofindtruth.blogspot.com/2017/09/18-88-91-113-117-economist-january-9.html

>>22177230
No shit
https://www.weforum.org/agenda/2020/07/great-reset-must-place-social-justice-centre/
and social justice demands UBI
prepare your anus for digital dollars and negative interest rates

TSLA was at these prices 8 days ago. who gives a fuck. it's still too expensive for me to buy.

>>22174293
$1,000,000 in $100 bills weighs 22 pounds. $100,000 weighs one kilogram. The obvious answer here is to trade Yugio and Magic cards.

>>22177311
TSLA needs to go sub 200$ and it might be a buying stock. This shit has far to go.

>>22177259
>>22177271
>44.69 (-9.99%)

>>22176344
checked

>>22177417
Why AUNFF and not AUN on an american exchange? AUNFF is canadian.

>>22177410
It will go lower as the retail idiots begin to panic and sell off the shares they payed to much for.
The wealthy just turned all those idiots in to bag holders and are now going to buy it all back for pennies on the dollar turning the idiots money in to their money.
Its such an old fucking scheme.
At least my boomer rocks are real and I can hold them.

I need aagff and mmngf to drop 3¢ each so I can get those gains. Hopefully tomorrow.

how much gold and silver does Bill Gates have?

https://gematriaeffect.news/mosquito-week-grim-reaper-bill-gates-august-17-2020-post-on-youtube/
https://gematriaeffect.news/elvis-presleys-polio-vaccination-october-28-1956-on-bill-gates-1st-birthday-tom-hanks-upcoming-elvis-film/
https://gematriaeffect.news/elviss-vaccine-shot-precisely-42-weeks-after-his-birthday-in-relation-to-bill-gates-tom-hanks/
https://gematriaeffect.news/bill-gates-pie-in-the-face-ritual-when-he-was-42-may-2-1998/
https://gematriaeffect.news/bill-gates-time-magazine-cover-june-5-1995/
https://gematriaeffect.news/warren-buffett-gets-a-birthday-cake-from-bill-gates-august-30-2020/
https://gematriaeffect.news/operation-drop-kick-the-entomological-warfare-experiment-of-1956-bill-gates-mosquito-week/
https://gematriaeffect.news/february-4-1998-the-date-bill-gates-got-pied-in-the-face/
https://gematriaeffect.news/bill-gates-says-conspiracies-about-him-and-vaccines-are-so-stupid/
https://gematriaeffect.news/mary-maxwell-gates-june-10-1994-death-and-bill-gates-becoming-the-worlds-richest-man-on-what-would-have-been-her-birthday/
https://gematriaeffect.news/bill-gates-decade-of-vaccines-in-light-of-the-coronavirus-breaking-out-at-the-end-of-it/
https://gematriaeffect.news/the-coronavirus-outbreak-in-light-of-barack-obama-honoring-bill-gates-and-tom-hanks-with-the-medal-of-freedom-november-22-2016/
https://gematriaeffect.news/12976-2/
https://gematriaeffect.news/warren-buffets-berkshire-hathaway-records-50-billion-loss-50-days-after-bill-gates-steps-down-from-board-may-2-2020-news/
https://gematriaeffect.news/donald-trump-spoke-to-world-economic-forum-in-davos-switzerland-january-21-2020-the-date-of-the-first-u-s-case-of-coronavirus-the-big-bill-gates-parallel-the-new-world-order-knights-templar/

>>22177070
I like it.

What about JPM manipulation? How does that play out?

>>22177168
it's a structural problem related to the fiat monetary system. infinite growth in a finite world. it works until it doesn't. and everybody in this thread should be aware already.

i've had to explain to some friends for me to buy their house, i'm essentially selling them my future 30 year earnings. i don't sell my future to anyone.

>>22177230
been in slow motion for about 10 year desu. USD fx reserves were 60% and now down to 52% worldwide i believe.

gold is the only internationally accepted, and neutral trade instrument. which is why iran and venezuela are using their gold for trade currently. the lebanon and turkey situation will be very interesting to watch as well.

>>22177070
>If you are betting on high technology you should hold silver, simple as
would you have the same bullness for Platimun?

>>22177552
the specifics I have no clue but given that other banks have been basically caught for metals manipulation I expect the manipulation to end eventually in some way.
Maybe not tomorrow but silver recycling will have to be made profitable for high technology to continue in the future and the only way for that to happen is an increase in the price of silver that is high enough to justify the process.
Now maybe that means they will just manipulate with a new higher value somewhere around the price of profitable recycling but that is still a win in my book.
Regardless of the FED and fiat and everything else I don't see how this does not happen.

>>22177259
>>22177552
Please post more

>>22177638
I think that depends on if currently platinum recovery technology is profitable or not. If it is not as much, if not, maybe

>>22177552
>>22177773
More finance gore please, thanks

>>22173883
>whole market realizes 30 million unemployed should not equal all time high
>massive sell-off
>many traders margin called, they sell off assets, including precious metals
>sell-off drives demand for dollar (as people need to exchange their assets for dollars, driving up demand for dollars as everyone wants dollars instead of the stock)
>dollar rise drives down precious metals
>March, 2020 all over again

Someone please tell me I'm wrong
I want to believe that they won't let silver get below $25 or gold below $1900 because then people would just mass order & stand for delivery.. as I understand it BIS has been putting patches on the ship as it's sinking by slowing the ascent of gold/silver - but what will they do when the bubble pop drags down everything? Allow PM to go with it? and then what? All the bullion leaves the vaults?

Enjoying watching stocks get hammered desu.

>>22176466
>USD going up exponentially
>set up swap lines
>USD go down

>>22176724

>>22177106
Good post.

I like it, but I still can't count out government desperation (war, pandemic 2.0, etc.) or some kind of CB reset into digital currency.

>>22177964
If things collapse like march I am loading up on silver and a bit of gold. Part of me wishes you are right.
I don't think we will see under 25 but that is just my gut talking but he has been wrong before

>>22177483
I'm in America bro

>>22177964
The bubble has finally popped
There's no way this sell-off is going to stop before Congress passes another 2 trillion bailout; they don't meet until the week of the 14th..
While we should normally see the 'flight to safety' as people sell their assets & go into gold/silver, I don't think we're going to see that for minimum 2 weeks..
The sell-off is going to hit all assets & drag down silver with it
(and then will moon after the bailout..)

>>22177773
>>22177960

>>22178228
Guy's gonna suicide.

>>22178228
So how long till some people try to class action robinhood?

>>22177230
It's not every day you see the news and you're like
>"Eeeeeh, I guess 25 more ounces won't hurt. *place order*"

>>22178116
Digital money (as if it's not already a thing!) is on the cards soonish. Governments generally think it's the people that work for a living not paying taxes that's the problem and not the Governments mismanagement, laziness, retardedness and theft that's the problem. I might put block of 0's and 1's prior to 2033. The government is only concerned about appearance. What do you care about? I bet a bit more.

>>22177960
>>22177773

>>22178344
I bought gold calls at the top ;(

>>22178344
Its the top or very near the top of a very obvious bubble why is he buying calls instead of puts.
fucking idiots really drank he koolaide

>>22177964
I would count on upcoming Fiscal Stimulus devaluing the USD a bit more through inflation. We also have the vaccine meme to look forward to. The Fed also has YCC available.

>>22178533
>>22178344
>>22178228
>What could go wrong to buy the biggest (even bigger than dotcom) tech bubble in humankind
They all deserve to go broke.

OH NO NO NO NO

i just dont understand bros
this was supposed to be gold's time to shine

>>22175669
basically yes. Very healthy movement.

>>22178787
Gold is the phoenix that rises from the ashes.

>>22178787
It is shining. It's down far less than stocks and it's just starting. All the normie money that is lost from options and getting dumped on will be flowing into PMs and miners.

>>22178533
The stimulus won't take place for another 2 weeks - by then we could see such a huge market sell-off dragging down everything with it

10 year yield dropped >15 basis points.. so it might actually force their hand in YCC, but they don't meet until the 15th/16th.. (a lot of time for the price to crash)

I think we are in agreement that the week of the 14th we are going to see PM rise.. but between now & then.. the market sell-off is going to drag PM hard..

If it breaks 1930 gold and 26 silver the bulls have lost control

>>22178607
Agree. Seeing all of them buy the "pullback" as well.

>>22176305
People buried it for thousands of years for a reason anon... it isnt hard, it works very well too.

If you are at the point where you have to flee, shits too fucked to really matter, better off with food over gold at that point.

we are now in the delfationary period right before hyperinflation. mike maloney predicted all of this. the best move is to keep stacking silver even as it falls.

>>22178887
I know the following quote is like real basic bitch stuff but are you telling me none of these idiots had not once seen it and thought well golly gee maybe I should watch out.

>>22178887
It always amazes how stupid these people are. No wonder people feel no remorse for screwing them over.

>>22178991
Spx and the dow will bleed for another 2 weeks before more stimulus is executed, silver back to 20-22$

>>22178863
Yields dropping is exactly what they want. So short term rotation into treasuries is kind of what I was expecting. Ref back to >>22176724 I think passive / automated trading is enough of market share to default to the Equity / Gov Bonds meme, despite the negative correlation being wrong factually, ref >>22177106

TLDR, Auto investment sold equities and bought bonds today dropping yields (unless it was the Fed buying, which we will find out soon).

>>22179121
So I should sell all my silver now then wait for $22 silver and rebuy everything plus more

>>22179204
How much fucking leverage are ppl using? Degenerated gamblers, dear god.

>>22177229
Good fucking luck joker, the spread between buying premium and selling premium is always going to be an immediate cost that will erode your returns that can simply be avoided by trading “paper metals” if you’re looking to cash in on the market swings

>>22179248
Physical won’t go down quite as far, but yes it’s a minimum 10% drop here for physical silver, likely closer to 20

Filed a police report for my scammer after some 4chan hacker style doxing
Managed to finally speak to the other guy who didn't deliver on the final day of my deadline, he should deliver next week
Also more orders on the way
So yeah that's nice to have dealt with

>>22179339
aight, i'll try my luck then, pretty confident in the outcome
you do you, sir, but i will stick to my convictions
PMs are _undervalued_ meaning it will yield great gainz

I can't stop aaaah

>>22178787
Prices are being manipulated while everyone is panic buying the physical. The happening hasn't even started yet, but you can already see the teasers of what will happen to the entire world, like in Turkey and Venezuela.

>>22179396
Why would silver drop though. I want silver at $100 minimum. I want a gold silver ratio at 15

>>22179461
Thanks for all the extra time

>>22179445
>taped over camera
B&RP

>>22179121
there is a physical silver shortage in the works. even in the prices fall, good luck finding it without skyhigh premiums. spot price is irrelevant to physical.

>>22179339
i am sleepy, forgive me drifting off point, you didn't say anything about gains
i believe there will be no problem selling PMs with great premiums when the gold run starts

>>22179121
Silver won't drop past $26

>>22179481
Why wouldn’t it? Investors get margin called in other markets and dump their paper silver, the last time stocks dumped silver fell to 11$

>>22179248
Fuck no, there won't be any supply left when the price drops down that much. People are buying more than they ever have before even at these highs. If you sell any physical now, you will almost certainly never get it back.

It may be a very good time to accumulate some Wallbridge Mining Co. I'm already a hodler. Potentially going to be added into the GDXJ. Not being talked about recently. Could very well happen later this month and that will definitely give the stock a boost.

>>22174482
i dont know about anyone else, but i buy everything with the intention of selling it at retirement. i fully intend to liquidate entirely; house, guns, stocks, PMs, cryptos, basically everything, when i turn 50. moving to a trailer in bumfuck to NEET it up until i die. that's my goal.

>>22179461
Silver and Gold always have zero cash flow and today both US Dollars and US Treasuries gained value, presumably because markets expect deflationary pressures.

We need inflation to be a sure thing for PMs to rocket. Some smart brain puzzle pieces I've collected so far:
>Inflation effect from Fed policy lags by 18 months
>Vaccine will reduce deflationary pressures
>Stimulus 2.0 will reduce deflationary pressures

Feel free to poke holes. I know macro anons lurk in these threads

>>22179565
Cope

>>22179770
>both US Dollars and US Treasuries gained value
The DXY and the 10 year yield are down

>>22174124
You responded to me yesterday lol
Good job adding to the stack bro

>>22178116
i expect hyperinflation leading into a monetary reset. there's just too much debt in the system.

pic related is the most disingenuous thing i've ever seen. i've labelled it for more accuracy.

1971 was in effect a debt default. the US could not pay it's debts by gold. and by force of arms made the world accept USD for trade. greatly helped by the maneuvering to get the USD as the sole accepted medium for ME oil.

1971 really wasn't that bad. i expect most people to carry on with their lives normally if/when it happens again. only the dragons hoarding gold will notice. if a reset does occur, gold will most definitely be too expensive for the average person. most people only care about being able to feed themselves.

>>22179770
>Inflation effect from Fed policy lags by 18 months
It is my understanding they are going to fix that problem. With digital dollars they will be able to send money to everyone directly and then apply negative interest rates to the accounts to force people to spend it all and as quickly as possible

>>22179706
>Wallbridge Mining Co
their net income last year was a negative 3.16M

>>22179887
I personally expect a small window of deflation.
I cannot really base it on anything, as it is a feel of my gut, but perhaps it has something to do with stagnant money build up and people saving, so it'll lead up to a deflationary moment, that will be caused by people saving and when they throw the money into the market it just kickstarts [hyper]inflation?

>>22180120
Nice. That would certainly spike the velocity which would cause inflation.

>>22179870
>DXY
It is higher than yesterday. Deflation means dollars are more attractive than PMs.

>Yields
Anon, yields down means the face value of the bond is up. Treasury face values are up because the bid for them was up because demand for Treasuries is up because a 0.6% yielding Treasury is more attractive than a 0% yielding PM. Just look at the treasury chart, not the yield chart.

>>22180143
i should clarify
>secular trends of deflation
>CBs fight with inflation and losing control into hyperinflation
>world govs decide this is good because it wipes all debts
>after wiping debt, new global monetary regime

long ago, gold clauses existed in contracts then those were outlawed. now you only owe the nominal value of the contract. it's a good deal under hyperinflationary environments. there was a magnate in WWi germany who saw the hyperinflation coming and he deliberately took out as much debt as possible and amassed an empire. he died too soon and had his empire broken up afterward.

>>22179887
United eurmerica.

>>22173883
Where's the dip hitting hardest boys? I want to pick up some cheapy miners who will have baller earnings.

>>22179887
So they pay off the debts THEN pull the monetary reset? That's the ultimate double-supreme jew right there.

>>22180120
My god, that sounds horrible.

>>22180143
I think you are overestimating the amount of money us poorfags have. I don't think its nearly enough to move the money supply. I think the inflation has to come from bank lending to business ventures, which adds one more theory to the deflation side:

>Late-stage capitalism and secular stagnation
says our economy is run by monopolies and increased productivity is gone because we hit the wall on the law of diminishing returns. I think that leads back into this guy's play >>22179887 which depends on ruthless printing and restrictions removed on Fed policy limits

>>22180513
I'd guess this weekend through Tuesday, maybe Thursday of next week. After that, the institutional money pile-on is going to really pick up steam and it's all ogre from there.

Anyone else ever dealt with scammers?

>>22180642
I meant like which miners specifically are yall looking at?

>>22180334
So you are saying all the Robert Kiyosakis of the world are going to be rewarded again since they took out so much debt to buy assets and those without assets are going be left with nothing? I see now why Maloney/Schiff are so worried about a socialist revolution post collapse.

>>22176500
>the thing that retail investors are already invested in (equities)
>safe

>>22180702
Oh I dunno, I don't fuck with miners, I'm physical only.

>>22180704
Would be funny if the hand holding the dollar was white

>>22180704
The commies/socialists whatever you want to call them are always funded by the bankers. You should only be worried if you have a little bit of assets.
The big players basically stay in place, the poor with nothing stay the same, its the little guy with just a bit who gets fucked.

>>22180334
>there was a magnate in WWi germany who saw the hyperinflation coming and he deliberately took out as much debt as possible and amassed an empire.

0% APR credit card stacker master race

>>22180623
Well doesn't that mean the deflationary window will come in slower and last a little longer?
Or you have any ideas against it?

Moneyshow is starting
https://m.youtube.com/watch?v=h_L13tTTjfc

>>22180513
If Aurcana is down in the morning I'm on it faster than a slim traditional tattoo-free Ukrainian virgin qt

Enough of all this riff-raff, I came here to be comfy damn it
Start posting stacks

>>22180704
cantillon effect my friend.

you need to look at what the big boys are doing. follow in their footsteps when you can.

the sheeple are too dumb to mount a revolution. only when they can no longer feed themselves will heads roll. the world is now a perfectly sedate subservient consciousness with a full stomach.

>>22180925
Thanks fren

>>22180925
So this is the infamous Adrian Day, Peters best friend

>>22178079
The 5 Pesetas coin is 90% silver, not 83.5%.

>>22179461
Gold and silver went from from a few thousand an ounce to tens of millions an ounce in 2 years, in Venezuela. Would it happen that fast in the west?

I wonder if this has anything to do with the sell off
https://twitter.com/zerohedge/status/1301603306033291264
zerohedge yeah yeah i know but still

>>22180782
I can respect that. But I'm satisfied with my stack, looking to increase wealth not just preserve it.

>>22181200
and its in the NY times as well
fuck
https://www.nytimes.com/2020/09/03/us/politics/google-antitrust-justice-department.html
before the election too. fucking crazy

>>22177552
JPM is most likely doing the manipulation at the behest of the US government, whether they know it or not (and probably just a few of the top brass do). It’s the only way it could on for this long between different admins. Now Trump just so happens to be at the helm when it’s time to escalate a decade-long (or multi generational depending on your perspective) ruse.

>>22181160
Wasn't that more due to money losing value than silver gaining value
I mean the price of everything else also exploded in venuzlea

>>22180623
>that image
I always wondered who was losing money in the stockmarket, now I know. I don't think I've ever lost a single dollar in the market.

>MARKET IS CLOSED
>(opens in 45 mins.)

bump

>>22180656
nope I can buy from a government mint for just over spot

>>22181840
Link it

>>22180702
This is what I picked.
Added K.TO today for the meme, hasn't updated yet.
If we get a huge drop I'll go a little harder and deeper into K and SIL.

>>22181840
Coronafren?

>>22180991
Ya its just sad that the middle class will be obliterated in the process. I feel like Venezuela will be our future.

>>22182102
Middle class is already dead my dude

thinking of cashing out my miners for the weekend, and buying in on mon or tue. anyone else feeling the same?

>>22182102
>>22182177
Ulterior purpose of the plandemic is to destroy the independant upper middle class by making it impossible for small landlords to collect rent and for small business to stay open. Force all the plebs into the dependant class and cannibalize all the market share held by the upper middle class.

>>22181908
http://www.perthmintbullion.com/au/Buy-Gold-Bars/1oz-Cast.aspx?productId=18

Someone redpill a broken options trader or point him in a direction to be redpilled on metals

>>22182350
Shiny rock go *clink*

>>22182177
Not yet but on its way out.
>>22182309
Ya being a landlord in LA is looking like the beginning of a communist revolution, no evictions till Feb of next year and that will prob get extended.

>>22174482
Good money drives out bad

>>22182391
That's literally the opposite of what actually happens. I bet you don't understand why that happens, either. I'll give you a hint: it's how businesses decide to pay debts.

>>22182391
https://en.wikipedia.org/wiki/Gresham%27s_law

>>22182309
Yea but if they do this they'll have no way to fuck each other over either. They'll fuck it up, don't worry.

>>22182350

>>22179770
Pm prices can increase in deflationary environment.

>>22182350
you can larp as a pirate if you buy physical + have a connection to the miners you're investing in.

>>22173983
I want to believe

>>22179010
Look at this niggas earlobes

Great deals today for CC purchases go. Ty btw

I just checked the box where I have some of my stack and ALL of my year of the monkey coins I got in 2016 from Provident Metals that I just kept in the plastic slip are turning completely black and look disgusting, am I fucked frens what can I do?

PSA - SD Bullion has a joocy sale on eagles rn

>>22183122
meh, it's just a little patina. post a picture.

>>22183122
sounds like it just needs a good polish, you can get cloths for this

https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2380057.m570.l1313&_nkw=silver+polishing+cloth&_sacat=0

Though I'm sure some anons will have other methods

also can someone point me to the best magnet for silver sliding?

>>22183240
Should I clean them with baking soda and vinegar? They have sentimental value because my little brother picked these out for me when he got me into stacking in 2016, he was a 4channer too and he passed away a year ago from an overdose

I dont have enough money for physical. Can I just buy some gold stocks or something? Newbie here?

>>22183409
I've got like 15 more of those monkeys as well as a kraken and ase with around the same amount of tarnish from that order as well

>>22183409

RIP stacker bro.

>>22183409
>BRUH HELP MY ROUNDS ARE RUINED AHHHH!!!RNO!
bro, that is normal tarnishing more rounds kept in that style of casing. I think trying to clean them would probably damage them more than just leaving them be. I would probably remove them from those cases and get hard round cases instead.

Continue the dumpe

>>22183409
They look fine to me.

>>22183409
>from an overdose
RIP. They stole our futures from us. Never forget.

>>22183409
>pvc coinflip for pure silver
A chemist you ain’t

>>22182456
Yeah sorry I said it backwards

>>22180132
Now do Tesla

>>22183409
Sorry about your brother man. I was being insensitive in my other post. Seriously though, get a roll or hard case. This round is from 1987 and has less tarnishing. I'll be praying for some peace for you and your family.

>>22183586
Yes he was pretty based but just could never fit in because of his autism and basedness. Not gonna lie I still have nightmares about having to break his door down and finding him dead and lifeless on his bed with the needle. It got better over time but it's won't ever leave me.

>>22183623
I was a newfag to stacking, finger fucked them and kept them in the plastic flips. I'm getting tubes for all my silver and up to 140 oz now as a law student with no money, just gotta keep stacking and we'll make it.

>>22183879
Thank you for the prayers brother and I took no offense, we're all family here. I'll make sure to get a few extra tubes on my next order.

>>22183879
Based philadelphia mint

>>22183143
This time last year I was able to buy Eagles at $2 over spot. Amazing how fast things can change.

>>22174124
you poorfag

>>22183409
go on ebay and look up something called ms70- if it can come off that will take it off

>>22174482
Yeah they're kinda dumb
They don't understand that precious metals are worthless if they never buy anything with them.. which goes for all metals
I, on the other hand, am stacking for several reasons:
>1. To get through the next 10 years of really bad recession without going broke like everyone else with no savings will
>2. To save up for retirement
>3. To pass on my wealth for when I eventually have kids
But when the great depression that's coming up is nearing its end I'll sell probably half of it so I can buy stocks and land that will skyrocket when the economy recovers.
And then when I get a bunch of extra money from my investments I'll buy more gold and start hording it again
Once I retire I'll hopefully have enough to live quite comfortably and some leftover to pass on to my sons (daughters won't get shit they'll just waste it)

Just buying bullion with no intention of ever buying other things with it is kinda retarded desu

>>22183409
That's normal tarnishing, I wouldn't have noticed it if you didn't point it out. If it really bothers you a lot, clean it. You should really put them in better flips and store them somewhere where they won't be exposed to exposed to much sulfur. Buy some tarnish strips to keep in the safe with them and they should be safe from further tarnish.

>>22179339
>t. never bought bullion in his life

>>22184332
>But when the great depression that's coming up is nearing its end I'll sell probably half of it so I can buy stocks and land that will skyrocket when the economy recovers.
Someone has been listening to Mike Maloney and good for you.
Although given what happened in Venezuela and my meager means I stack in the simple hope I can afford food in the future. I want to eat more then squirrel.

>>22184210
I searched that on ebay and its just a grade of coin, do you mean wd-40 maybe?

>>22184375
Those plastic tubes that they send your coins in when you order 20 are good for storing right? Or do they have the same problem as the flips?

>>22174506
based gematria anon

>>22184551
The tubes should be fine for storing, there are still lots of unopened tubes from nearly a decade ago and the coins inside them are completely untarnished. If your safe is in your garage or somewhere else where there are lots of Sulfur compounds in the air, you'll still want to get some tarnish strips as well.

Can we get a new thread plox?

>>22184442
I've honestly never listened to Mike Maloney, but since you say that maybe I should
Source on any good videos?

>>22185231
Here he describes basically what you are talking about
https://www.youtube.com/watch?v=l-knwwD-PZc

>>22185198
You new?

>>22185272
Thanks fren

wew lads

>>22185275
Yes fren, im new to PMG, want to post my 120oz stack next thread

I don't care if it moons or crashes I just want something to happen

>>22185408

Welcome, stackers frens are always nice to have. We need to combat the paper miner gang too.

>>22185198
threads are baked when the old one hits autosage (300 posts)

From earlier... which one of you chats pulled the trigger on it

https://www.apmex.com/product/208755/2021-cook-islands-5-oz-gold-mother-of-pearl-year-of-the-ox

>>22185376
It hurts anon. It means less money for my PM purchases.

>>22184551
No ms70 is a cleaning agent specifically for coins

>>22183143
is there any reason i should buy from SD over bullionexchange?

>>22185408
>want to post my 120oz stack next thread
just post it in both threads

we see the same stacks over and over and over anyways

Archangel Michael anon, do you live in forest hills

>>22183409
sorry to hear about your brother fren.
i hope you have found some peace and
comfort in life somehow since then.
as i face the nearing future loss of a dear loved one, it is breaking me to pieces inside. a churning sea of sickening grief and sorrow. worst thing ever in my life.
it's hard to see how I'll ever recover or be anything close to "normal" again.
still stacking but it doesn't mean anything to me right now. just dead inside

>>22186806
Ah, the eternal dilemma: to have all the wealth you could ever wish for, but nobody to share it with. Be at peace. Mourn bitterly for those who pass, but never give up the promise of a sweeter tomorrow. We're all going to make it in the end!

>>22186806
Yes I saw your post last night you have my condolences brother. I know exactly how you feel and not many people in your life will understand what you're going through, you may even start to feel anger at those who haven't experienced it. Don't feel guilty about this it's completely normal. I won't lie to you, there will be more pain than you can imagine, but God is looking out for you.

You'll never be "normal" again, you'll always have this experience in your heart. Carry it as a badge of honor, you've experienced the worst thing about life, so use it to appreciate the good things. God is always looking out for you, and I promise it does get better. At first the waves of emotion are heavy and frequent, you'll feel like you're drowning. Through time, the waves get smaller and less frequent, be strong.

Latest addition to my stack. 111 onzas

>>22187150
nice fren.

>>22184187
fuck you bitch

Post stax

>>22176182
PM holders are such schizos. Fucking 10% drop ? Fuck off. This isnt even the beginning of the rugpull

>>22187362
for you, sorry about the flash I really need to try and take another picture

old pic. because,.. i just don't know anymore

>>22184210
If you're not careful with that stuff it will put a purple tarnish on your coins. They call it the "purple monster". That's how they do all of those purple toned coins that sell for outrageous prices.

>>22187362
Can't tax the stacks

>>22174190
Unironically the attraction of having pms nigger for brains

>>22182350
Watch mike maloney's hidden secrets of money or top 10 reasons to own gold and silver

https://www.youtube.com/watch?v=mjPAr0odIvE
Here’s a comfy radio program for you anons while you look at shinys

Next year will be the first year since WWII that the US debt will exceed the national GDP. IMF jews will then move in and gut your bank account, pensions, everything that isn’t SHINY

Should I buy miners stonks?

>>22187072
Based stacker fren turned pain into wisdom. Peace be with you stackbro

>>22187362
does anyone else have a pseduo stack that is burglar bait so they don't find the real one?

is buying used sterling silver dinnerware a dumbass way to accumalate or no?

>>22188179
yes, they are underpriced relative to current metal prices

>>22188335
Yea. Right now it has real silver to throw. Going to replace with fake silver soon enough. My silver guy has a few counterfits. Going to offer to buy them and put them in the trap for maximum trolling.

>>22187705
I collected before I stacked- it helps break the monotony.

>>22188398
Sterling silver is 92.5% silver, which is 2.5% more silver than stacking junk silver coins.

Silver is silver, brudduh.

What the hell was that?

>>22188895
So glad I decided to buy gold this dip.

>>22188398
like another anon said silver is silver and the best part about dinnerware is you can eat with it. Make sure to grab a goblet while you are at it so you can drink wine from a silver chalice.

>>22173983
If Trump doesn’t do something BIG quickly, we are fucked. There is no super V recovery. I hope he isn’t snorting his own stash of bullshit. If this market crashes, so does his campaign.

>>22188884
thats what i figure. dumbass fat housewives be selling gma's sterling dinnerware for like 5 bucks an ounce

>>22188997
Like what? There is nothing he can do. There is nothing anyone can do.

https://youtu.be/PYn6tHF9M5Q

>>22189023
I've been calling around to my local LCS to get a feel for what the market is like, and it seems that 95% of their business over the last month has been people offloading all their silver and gold.

Fucking normies throwing away their wealth for fiat. I sometimes envy their blissful ignorance, but less and less these days.

>>22189096
There's a lot of this most of these people offloading had it since the last run and don't want to wait. I want to buy more as soon as I can.

>>22189096
Idk where you live but people are not offloading silver. Every day I go to my LCS and I grab all the junk silver he has, which is usually like 10 dollars face. Its terrible, he says demand is so high they're running low on silver

>>22188997
Take the clear pill, anon. We're at the end of the Fourth Republic in the USA. The Fifth Republic is a Civil Rights Socialist "Republic" wherein whites are de jures second class citizens, taxed more than the browns, legally impossible to be the victim of a crime committed by browns, slowly bred out of existence for the coming human slave race.

Save yourself and pass the torch of white civilization down to your children. Right now the only way we'll survive is to go underground with our knowledge for a few generations. That's why I stack.

>>22189174
Sorry, 95% of people walking through their doors are selling. The other 5% are buying everything the others sold.

if digits, silver falls to $20

>>22189241
lol

>>22189282
>tfw off by 6

Looks like we're mooning.

>>22189174
>>22189241
I think it depends on region really- some areas, this sounds bad, literally are full of retards just dumping. Others have fairly savvy people buying heavily. I see it both ways as I travel a lot across the midwest.

>>22189282
Digits and silver is $30 end of week

>>22189241
Where is this mythical coin shop everyone is selling to? I might want to stop by if their prices are low enough.

lpbp

Evac when bready, new bread has been baked and toasted
>>22189376
>>22189376
>>22189376

>>22189370
Also not happenin'

>>22189412
We aren't even to bump limit yet.

>>22179625
This. Then the .Gov will be gunning for your metal

>>22174840
Until it truly decouples, the distinction is pretty meaningless.

>>22190313
Not if you want to buy silver

>>22189174
>>22189159
>>22189096
Went to my LCS a couple days ago, 3 people were selling, I was the only person buying.

>>22190368
Again, until it decouples. Despite the constant wringing of hands, the Comex can still deliver just fine.

>>22191228
The COMEX doesn't determine average retail prices.

>>22174190
At that point you just start shooting anyone that comes on your property, including cops. We don't selectively follow the law when my family's safety is at stake. Go full rooftop Koreans during a riot

>>22184121
Yep, I remember that. I got into silver early last year when silver was around $15 and you could buy it on Apmex for $17. I got addicted and bought 300 toz of ASE. I never had buyer's remorse, but for a while I wonderd WTF did I just do. Now my stack is worth almost double what I paid for it, and I've since added a bunch of Mercs and Morgans, plus my Dad found the Canadian 80% silver dollars my grandfather left me. Now I want to buy more ASE's but the raw cost and markup, even on mm, is high. But if it does moon...
Gotta love the stacking life.

> stock and cryptos crash
> PMs relatively stable