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22262198 No.22262198 [Reply] [Original]

>> No.22262897

>>22262198
>>22262198
Precious metals will never 10x in a week. No. Go sleep on your metals. Do not want.

>> No.22262961

>>22262198
>imagine buying shiny rocks for thousands of dollars

>> No.22262973
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22262973

>>22262897

The average small-cap junior silver miner goes 150x in a PM bull market, and this is going to be the greatest PM bull market in history, we might even expect 300x or 400x. Not sure if you were aware of this, Picture related is First Majestic during the 2001-2011 bull market.

>> No.22262982

Based and gold silver pilled.
Going to make it regardless frens.

>> No.22263038

>>22262973
>The average small-cap junior silver miner goes 150x in a PM bull market
no, if that was average there'd be no poor people.

>> No.22263068

>>22263038

Even when you got to the peak of the PM bull market in the 80s, only 5% of the average portfolio had PMs in them. Today only 0.5% of the average portfolio has PMs in it. The whole point of being a value-investor is seeing an obvious opportunity and getting in before others do. You don't make 150x unless you get in at the beginning, i. e. now.

>> No.22263086

>>22262961
It's literally the only asset not taking a giant shit right now. Do you know what hedging is?

>> No.22263105

>>22263068

only 5% of the average portfolio had PMs in them

in it.*

>> No.22263142

>>22263086
Do you know what rocks are?

>> No.22263162

>>22263068
statistically 2/3 of junior miners go bankrupt in 3 years so no, your "average" is pure fantasy

>> No.22263249 [DELETED] 

>>22263162

Your statistic is not relevant. In a PM bull market, juniors don't go bankrupt. The past ten years have been the longest and cruellest miner bull market in history, so they are an exception to the rule. Silver actually sunk below the cost of production. Again, not relevant any more. For example, Impact Silver had better Q2 earnings this year than Q2 2019, and that was despite being shut down for half the quarter; there's no way they can possibly fail at $30 silver, which we have had in Q3. When metals are soaring, people buy anything which has the name "silver" in it. In the 80s, even clothing companies with "silver" in the name were going up at the peak of the frenzy. You could throw darts at silver stocks right now and be sure of making a fortune.

>> No.22263262

>>22263162

Your statistic is not relevant. In a PM bull market, juniors don't go bankrupt. The past ten years have been the longest and cruellest miner bear market in history, so they are an exception to the rule. Silver actually sunk below the cost of production. Again, not relevant any more. For example, Impact Silver had better Q2 earnings this year than Q2 2019, and that was despite being shut down for half the quarter; there's no way they can possibly fail at $30 silver, which we have had in Q3. Watch what happens to Impact when Q3 earnings come out in a couple of weeks. When metals are soaring, people buy anything which has the name "silver" in it. In the 80s, even clothing companies with "silver" in the name were going up at the peak of the frenzy. You could throw darts at silver stocks right now and be sure of making a fortune.

>> No.22263316

>>22263262
>In a PM bull market, juniors don't go bankrupt
of course they do

>> No.22263349

>>22262198
How do I get into it? Seriously i'm interested but i'm new to investing generally and only this year got my head around crypto. I'd rather be in precious metals but I don't know where to get started.

>> No.22263362

>>22263262
some of the largest mining companies in history have gone bankrupt in recent bull markets. It happens all the time.

all you need is too much debt or too many pensions or not enough proven reserves or too much taxes or aging capital equipment or environmental liability catching up.
happens every year. over and over like clockwork. They're just businesses. Businesses fail in good markets almost as fast as in bad.

>> No.22263368

>>22263316

If your property has millions of ounces of silver in the ground, and silver is at $50, $100, $200, $300, people are going to fund you or buy you out. That is unavoidable. You cannot go bankrupt. The only companies which might go bankrupt are drill-plays which turn up literally nothing, again and again and again; but even there, the never-ending hope of finding metal will often keep them from completely failing. And there is no need to gamble on drill plays when companies like Impact are already producing silver and have proven deposits of millions of ounces in the ground.

>> No.22263398

>>22263368
>You cannot go bankrupt.
you have to pay that funding back. If you fail you go bankrupt

the fact that people will fund you is the REASON miners go bankrupt just as fast as any business, even in bull markets. Easy credit means easy failure.

>> No.22263464

>>22263362

>>happens every year. over and over like clockwork.

Again, you are talking about the past ten years, not PM bull markets. Silver was never lower in all human history than during the past ten years. It sank below the actual cost of production, and most of the silver mines shut down. If the PM bull market thesis is correct, and silver is reverting to a 1:15 GSR, there isn't a silver company in the world which won't soar to levels we can hardly imagine.

>>22263349

>>How do I get into it? Seriously i'm interested but i'm new to investing generally and only this year got my head around crypto. I'd rather be in precious metals but I don't know where to get started.

There are three ways to invest in PMs:

1) Buy coins which you can physically hold in your own hand. One-ounce coins are best, so that you don't have to pay fractional premiums. Reputable dealers in the U. K. (where I'm from) are Atkinsons, Chards, and Bairds. Britannias are CGT-free.

2) Buy allocated or segregated bullion in a vault overseas. You can do this with GoldMoney, BullionVault, OneGold, GoldSwitzerland, or buying Eric Sprott's PHYS or PSLV on the stock market. Do _not_ by GLD or SLV. These are unallocated ponzi-schemes which don't have the metal which is said to back them. You are buying a claim on the bank in case of failure, not on the actual metal. They will pay you out in worthless paper once the whole system collapses.

3) Buy mining stocks, which offer enormous leverage to the price of the metal. The Vanguard indices for the gold or silver large caps or mid-tiers are: for gold, GDX and GDXJ; for silver, SIL and SILJ. You can also buy small-caps to take more risk for greater reward. The best silver ones are: Discovery Metals, Impact Silver, Bayhorse Silver, Fireweed Zinc, Canada Silver Cobalt Works, Tinka Resources, Silver One, Defiance Silver, Callinex Mines.

>> No.22263485
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22263485

>>22262897
Lmao
Imagine being this utterly braindead

>> No.22263500

>>22263464
>Again, you are talking about the past ten years, not PM bull markets
what makes you think that?
just because you're 12 years old doesn't mean other people here are.

also there's no such thing as a "silver" mine. what are you, 10? we mine any metal we find, and it never comes in just one type. Go back to minecraft after you lose your ass on miners. That seems to be more your speed.

>> No.22263554

>>22263500

>>also there's no such thing as a "silver" mine. what are you, 10? we mine any metal we find

If your primary purpose for opening a mine is to mine silver, then, yes, that mine is very much a "silver mine." There are numerous silver projects which I can point you to which have simply been waiting for silver to go up before they could commence. Bear Creek Mining is an example. The project is close to construction, and it has 300 million ounces of silver in the ground; but it was barely economical at $17 silver, and so could not get financing. The fact that we now have $27-dollar silver is why Bear Creek is going up, along with all the other silver stocks. Silver is mingled with other base metals; that does not imply that you don't have "silver mines."

>> No.22263595

>>22263554
your understanding of geology is as bad as your understanding of business.

I don't mind you going broke on your "150X average" bullshit but stop trying to tell other people those lies

it's actually illegal in the US to do what you're doing. You need a license to hand out bullshit advice so we know who to sue when your stupid bullshit costs people money.

>> No.22263650

>>22263595

No substance in this post, so nothing for me to reply to. If you have any more arguments, feel free to bring them forward.

>> No.22263720

>>22263650
already brought them.

anyone that reads your posts should know your advice is worth what they paid for it.... nothing.

>> No.22263733

>>22263464
Thanks for the information anon. I'm from the UK. I'm going to read up on everything. I've got to work today but i'll be getting into silver. I'm thinking 25 Britannia 1oz Silver Coins is a good starting point.

>> No.22263766

>>22263733

You're welcome. Unfortunately we have to pay a massive premium on silver in the U. K., because of VAT, so you may prefer to buy silver mining stocks, or PSLV on the stock market. Silver Britannias are selling for £40 = $53 on eBay right now, which is a ridiculous 89% premium. But you have to decide for yourself how valuable it is to hold silver in your own hand. I've heard that you can avoid paying VAT on celticgold.eu, but I don't know much about it.

>> No.22263848

>>22262198
Only bid argument against metals would be asteroid mining

>> No.22264043
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22264043

metalniggers btfo

>> No.22264084
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22264084

>>22264043

Silver small caps vs Bitcoin.

>> No.22264116

>>22262198
People will slowly realise that the bit-con lies are just that.... lies. Gold and silver will get dragged down in the coming crash. Nothing like crpto though. And they will rebound like crypto early 2017. 300 dollar silver 2021

>> No.22264135

>>22263038
How? Crypto Ponzi schemes do this all the time. Vey few people see how pm’s as a good opportunity and they usually buy in at the end.

>> No.22264168
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22264168

>>22264084
shut up you stupid fucking butt raping faggot, i dont ever wanna see crypto slander in my fucking replies from the likes of some shit eating moon cricket like yourself. go buy your shitty aluminum coins and shove them up your massive anal cavern

>> No.22264195

>>22264135

Apple going to a $2 trillion market-cap is normal behaviour, but God forbid that Bayhorse Silver go 150x from a $20-million market cap to $3-billion once we have $15,000 gold and $500 silver. Because then there would be no poor people left.

>> No.22264209

>>22264135
junior mining stocks aren't obscure or unknown.

if they actually averaged 150X in bull markets literally every investor in the world would be buying them. The reality is some of them will 3X and some will lose 3X and a handful will 10X and if you're extremely lucky or buy all of them you might pick one that goes 100X. But most will go bankrupt. So the anon is lying. The 'average' is probably less than zero. A very few will do extremely well, just like any stock picking exercise.

>> No.22264223

>>22264195
>Apple going to a $2 trillion market-cap is normal behaviour
nobody thinks that's normal

just like nobody believes junior miners going 150X is average.

>> No.22264244

>>22262897
/biz/ when did you grow up of becoming rich fast schemes? Now I'm happy with a yearly free risk 5%

>> No.22264332

>>22264209

Are you aware of the fact that the _index_ of miners, I'm not even talking about small-caps, but the _index_ of all gold stocks, went up 1700% in the last PM bull market? And that PM bull market wasn't even comparable to the one which we had in the 70s and 80s, and this coming PM bull market is going to be even bigger than that one was. Everything which you are saying is demonstrably false. I mean factually, on the most basic verifiable level. I know that I'll never convince you of anything, but I encourage people to listen to Eric Sprott talk about the opportunity which silver stocks are going to afford.

https://www.youtube.com/watch?v=qs4j2MfziOQ&ab_channel=SprottMoney

>>if they actually averaged 150X in bull markets literally every investor in the world would be buying them

I've been telling people to buy miners here since May. That's before even Warren Buffett got involved. If I front-ran Warren Buffett, I think I have some degree of credibility in seeing opportunities before others do.

>> No.22264377

>>22264209

>junior mining stocks aren't obscure or unknown.

By the way this again is clearly nonsense. Barrick Gold, which Buffett just bought, is the second-largest gold miner, and it only has a market cap of 50 billion. This despite the fact that it pays an eight-cent dividend per share. It only gets worse from there. Impact Silver, 100 million market-cap. Bayhorse Silver, 20 million. Now compare that to these worthless tech stocks with hundreds of billions in market-cap and no earnings. Nobody gives a damn about junior mining stocks. We are still in the stealth-accumulation phase of this bull market.

>> No.22264406

>>22264332
you're confusing gold stocks with miners, so I have no way of verifying anything you say.

All I know is Asarco, Phelps Dodge, and Amax all declared bankruptcy in the middle of bull markets. So your chances of picking winners is absurdly low.

>> No.22264422

>>22264377
I didn't say they were popular. I said they weren't unknown.

people know of them and don't buy them for the reasons I mentioned. Mostly because over half of them will be bankrupt in 3 years time.

>> No.22264492

mining stocks can be extremely lucrative but to saythey go up 150x on average is just ridiculously stupid. theres tons of shitty, scammy, mis-managed mining companies, they often have mining operations in third world shitholes with constant problems with corrupt politicians and so on. picking individual mining stocks is a crapshoot unless you really know what youre doing, youre probably best off buing some mining index

>> No.22264516

>>22264406

>>you're confusing gold stocks with miners, so I have no way of verifying anything you say.

Gold stocks is a colloquial term for gold miners. Peter Schiff uses it all the time. I'm talking about the gold miner index.

>>22264406

I looked up one of your miners. It says that Asarco is a copper miner, not a gold or silver miner. I presume that there are flaws in the other examples also.

"Based in Tucson, Arizona, the company grew to conduct mining, smelting, and refining of primarily copper."

" mines and processes primarily copper."

>> No.22264553

>>22264516
>I looked up one of your miners. It says that Asarco is a copper miner, not a gold or silver miner.
yep.
like I said your understanding of geology is as bad as your understanding of business.

Asarco primarily mines copper. It also produces and owns more silver and gold than any of your junior miners.

like a retard you think there's gold or silver or copper miners. Miners mine anything they can. Ore doesn't come in just one type. That's minecraft kid thinking.

>> No.22264601
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22264601

>>22264516

>> No.22264643

>>22264553

I have no idea how many ounces of gold or silver Asarco had in the ground when it went bankrupt, or what its all-in sustaining costs were; all I do know is that is it says right there, very clearly, "primarily copper," which makes it irrelevant. The bankruptcy was also filed in 2005, before gold and silver really got going. The big breakout in PMs was after 2005.

>>like a retard you think there's gold or silver or copper miners. Miners mine anything they can.

You have made this argument before. And again I say that it is duplicitous. Gold and silver are not found in isolation; but we determine the value and nature of a company according to the amount of estimated gold or silver ounces in the ground. For example, Bayhorse Silver has enormous amounts of copper on its property, but it is a silver miner and will be valued as a silver miner because of the millions of ounces of silver which it has. Spanish Mountain Gold has value as a gold miner, because we know that it has ten million ounces of low-grade gold in the ground, which will now be highly profitable at $2000 gold. And so on.

>> No.22264655
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22264655

>>22263142
YES AND I LOVE THEM

>> No.22264666

>>22264643
almost all gold and silver are produced by copper miners. Deal with it.

>> No.22264690

You shouldnt ingest metal anon

>> No.22264713

>>22264666

>>almost all gold and silver are produced by copper miners. Deal with it.

That doesn't imply that all copper mines are equal, or have the same grade or amount of gold or silver in them. The relative proportion of metal in the ground, and the ease of extraction, are how we qualify something as a gold miner, a silver miner, a copper miner, etc. Tinka Resources is primarily valued as a zinc-miner, but as the price of silver goes up, its 60 million ounces of silver in the ground will make that part of the business far more valuable than the zinc part of it.

>> No.22264760

>>22264713
exactly

that's why we don't qualify them as one sort of miner or another. You can say a mine primarily produces one metal or another but that changes depending on markets. The simple fact is there's no such thing as a gold mine that throws away silver and copper and lead and platinum any more than there's a zinc mine throwing away silver and gold.

all miners mine all metals and most precious metals come from copper mines. The second largest producers of precious metals are base metals mines like lead and zinc and moly.

precious metals mines produce the least quantity of precious metals of all mines.

that's not to say they're a bad investment, just that you don't understand where your metals come from. Copper mines mostly.

>> No.22264804

>>22264760

One copper mine has very little gold in it, another one has a great deal of gold in it. One copper mine has low-grade gold, another one has high-grade gold. If Asarco was, as it says right there, "primarily a copper miner and processor," then, unless you can show data to the contrary, it wasn't a real gold or silver play. Whereas something like Impact Silver is a 90% pure silver play, and extremely sensitive to the price of silver.

>>that's why we don't qualify them as one sort of miner or another.

I don't know who you mean by "we." Kodiak Copper Corp is putting copper in its name for a reason. Impact Silver is putting silver in its name for a reason. Spanish Mountain Gold is putting gold in its name for a reason. And people buy these companies to get leverage on those underlying metals for a reason.

>> No.22264808

>>22262961
>imagine buying bytes copied on a bunch of computers for thousands of dollars

>> No.22264812

>>22263720
seething

>> No.22264841

>>22264804
>unless you can show data to the contrary, it wasn't a real gold or silver play.
I can but I don't really care about your ignorance
>I don't know who you mean by "we."
both career hard rock miners and mining companies. I am both.
>Impact Silver is putting silver in its name for a reason. Spanish Mountain Gold is putting gold in its name for a reason.
yes.
suckers like you are the reason. Funding from your pocket to theirs

>> No.22264874

>>22264841

So everybody buying silver stocks right now (half of which don't even have "silver" in the name) is a "sucker," including Eric Sprott, who has gone all in on DSV purely on the basis that it has 1 billion ounces of low-grade silver in the ground, which will be worth a fortune once we break $30 silver. All right.

>> No.22264897

>>22264874
nope, some of those are great investments right now. Most of them aren't.

but investors with money to waste have nothing to lose. You're a poor disabled kid living with your parents, and you have no money to lose. So you're a sucker while they are not.

>> No.22264941
File: 384 KB, 750x742, 101.jpg [View same] [iqdb] [saucenao] [google]
22264941

>>22262198
Jews can transmute gold, don't listen to that Petter Schiff Jew.

http://www.rexresearch.com/ALCHEMYARCHIVES/champion/champion.htm

>> No.22265056

>>22264897

If you own a company with proven ounces of silver in the ground, and the price of silver soars, then, taking aside jurisdictional risk or enormous debt, you can't lose. It's that simple. And even debt is often not a problem in such cases. To recapitulate, your argument is something to the effect that, "All mines are poly-metallic, therefore there is no such thing as a gold or silver miner." And, as I've said, what matters is the grade and ounces of metal in the ground (silver or gold) which you bet are going to soar in price, not the other base metals which you don't care about. As I've said, I know that I'll never convince you of what I believe, perhaps because you have some sort of agenda, but I'm sure that any right-thinking person will see that all you have had to offer in this argument is verbal sophistry and uncharitable abuse. I proved you wrong, factually, when you said here >>22264209 that "most miners will go bankrupt" and "some will go 3x, some will lose 3x, a handful will go 10x"; the gold miner index, demonstrably, went up 1700% during the last PM bull market. You haven't had the manliness to acknowledge your error there, so you are not arguing in good faith. Do whatever you please over the coming years, and good luck to you. I'm happy both with what I have done myself, and what I have advocated here for others since May. We'll see which one of us was right soon enough.

>> No.22265175

>>22265056
>taking aside jurisdictional risk or enormous debt, you can't lose. It's that simple
absolutely

in real life those don't get thrown out though.

>I'm happy both with what I have done myself, and what I have advocated here for others since May
kek

c'mon kid that's just making it too easy. Since MAY? I made my first million in mining in 2004. I've made a million or more a year every year since.

your ideas aren't all bad, don't get me wrong. But to say 150X average is just retarded. It's factually incorrect. We both know it. If you don't know it you need to retake 5th grade math or whatever equivalent they teach toddlers in the UK.

>> No.22265214

>>22265056
>You haven't had the manliness to acknowledge your error there
give me a time frame and an index and I'll agree with you

I'll also point out that you're cherry picking

>> No.22265257

>>22265056
>the other base metals which you don't care about
that's the thing
those base metals pay the bills. You can't ignore them. No miner in the world doesn't care about them.

and again, almost all silver and gold come from base metals mines. Silver and gold mines produce almost none of it.

>> No.22265279

What Silver/Stocks should I accumulate, I have SILJ now

>> No.22265289

>>22265175

>But to say 150X average is just retarded. It's factually incorrect. We both know it.

No, it's simply a fact. I can't remember what the source is--it comes from a book on the history of silver--but it's common knowledge. It's not even hard to conceive when you understand that the gold miner index alone went up 1700% in the last bull market, and that includes large caps. My time is limited, so all I can find is a comment on ceo.ca where somebody mentions it:

"@tin | between 1962 and 1968 the average penny silver stock moved up 150x in price, . That isn't 150% that is 150X !. I believe we are in a much much bigger bull market now . A currency reset debt default event. . EPS, P.E ratios, NAV go out the window in these scenarios . A market like the 1960's would imply the average .30 cent silver stock would trade upwards of $45 . I think we are a long way from calling fair value in this ,the biggest bull market in history "

https://ceo.ca/brc?742be2c790af

The comment has 16 upvotes, and not a single person is disagreeing with him. And this is the website where all the mining insiders and most knowledgeable people congregate.

>> No.22265306

>>22265279

I mentioned the best small-caps here:

"Discovery Metals, Impact Silver, Bayhorse Silver, Fireweed Zinc, Canada Silver Cobalt Works, Tinka Resources, Silver One, Defiance Silver, Callinex Mines."

>> No.22265346

>>22264244
>Now I'm happy with a yearly free risk 5%
Oh good you can use those gains to buy your tampons

>> No.22265371

>>22265306
weird how all the best low caps happen to be canadian companies

there's a few hundred other countries in the world I think. Some of them even have mining companies in them.

>> No.22265379

>>22262198
i would if i had millions, but i need 100x. Boomer metals will double in next 20 years.

>> No.22265417

>>22265371

Yes, there are very few good low-cap mining companies which aren't Canadian. A few exceptions are Adriatic Metals, Highland Gold, and Hochschild Mining on the LSE. But even those have $500 million-$1 billion market-caps. Interesting choices though for people who want to diversify away from Mexico, Canada, and the U. S.

>> No.22265456

>>22265417
you've got blinders on. it's cool though. Leafs are great at small time mining and suck at global ventures outside US and Mexico

>> No.22265462

How will I be able to recognize the time when I have to take a profit in the future years with silver stocks?
Will it also look like a bubble in stocks if I watch SILJ?

>> No.22265466

>>22263464
Thanks fren. Stupid question but, what happens if I want to sell my coins? Do I send them back to the broker?

>> No.22265494

>>22265466
any pawn shop, jeweler, or coin store will give you the current value for your coins. Coin stores are the best bet because there's some chance your choices are worth more than the metal in them.

>> No.22265500

>>22265175
>>22265289

Just found another source which corroborates my 150x figure, but again, unfortunately, it doesn't mention the book whose name I don't remember, and which I myself got it from:

https://www.historylink.org/File/8883

"The post-World War II period saw not only restoration of its original name, but the admission to the trading floor of additional mining entrepreneurs, including Benjamin A. Harrison (d. 1993) and Harry F. Magnuson (1923-2009). These two were able to take advantage of the silver boom of the 1960s, during which the average penny stock appreciated 160 times. Participation in the Spokane Stock Exchange was vast, with more than 100,000 investors from all 50 states and many foreign countries. Barron's declared “Speculators in silver stocks have struck it rich in Spokane,” and the Seattle Post Intelligencer called Spokane “the speculative darling of the industry” (Fahey, 121). Harrison’s obituary describes him as “president of the Spokane Stock Exchange for 12 years ... and its most knowledgeable mining stock broker. ... The mining stocks Mr. Harrison traded brought immense wealth to northeastern Washington and northern Idaho” (The Seattle Times)."

>> No.22265520

>>22265379
Silver will go up 5x at least in the next 5 years max.

>> No.22265547

>>22265500
see that's what I mean. without defining a time period I don't know what you're talking about

anything before 1975 the US government literally fixed the price of silver and gold. There was no world market, prices were fixed by the government.

so bullruns before that time were artificial. Like the interwar bullrun on gold, it was entirely artificial and funded by law and US policy.

>> No.22265603

>>22265500

The author of the essay appears to be this person:

http://worldcat.org/identities/lccn-n82215703/

https://spu.edu/depts/uc/response/spring99/emeriti.html

Laura Arksay, "Humanities Bibliographic Specialist," with "10 works in 44 publications," so hardly an uncredible person.

>> No.22265645

>>22265547

Arksay says "during the silver boom of the 1960s," and @tin on ceo.ca says more specifically "between 1962 and 1968," so I presume that @tin has the figure accurately. During that period, it is true that silver was banned in the U. S., but, if I recall correctly, it doubled in price. So a 150x gain in silver mining stocks from a doubling in the price of silver is very impressive. I showed here >>22262973 that penny stocks like First Majestic had 150x gains in the 2001-2011 bull market also, so it isn't hard to imagine it happening again.

>> No.22265655

>>22265500
>>22265547
or to put it another way

between 1879 and 1890 over 1000 silver mining companies in my town went over 1000X in value

then Congress refused to buy anymore silver and my town died. Over 1000 silver miners went -1000X in a single day.

it was all controlled by the US government. That's not true now so your 'facts' aren't true either. The US isn't going to make your miners go 150X and it's not going to crash them either.

>> No.22265668

>>22265645
>so it isn't hard to imagine it happening again.
it will certainly happen

it just won't be the average.

>> No.22265677

>>22265462

Unless you want to spend the money on something important to you, you won't want to sell your mining stocks for another investment until the dollar and our present financial system completely collapse. There won't be any better investment before that time. Rising interest-rates would ordinarily be the time to sell PMs; but the Fed cannot let interest-rates go up without crashing everything, so we are inevitably bound for hyper-inflation and a monetary reset.

>> No.22265705

>>22265500
Your posting style is unique and it is obvious you’ve done plenty of research. You recommended to me in the YCC thread a couple weeks ago a few YouTube channels on PM’s, which is greatly appreciated, as I’ve learned a lot, especially from episodes of Palisades Radio. Any more bread crumbs you can offer? I am getting heavily into miners and am seeking a few higher-risk, higher-reward opportunities.

>> No.22265736

>>22265645
>the 2001-2011 bull market
see, I love it when you post dates

01 to 11 wasn't a bull market, it crabbed for years. It tanked in 08 and then spiked in what, 11 before dropping even lower? overall it was a terrible time for silver and not great for gold either.

>> No.22265761

So what are THE small cap silver miners? What fundemental factors determine good small cap miners? And why are all your recommendations Canadian?

>> No.22265907

>>22265705

Thank you. As far as small-cap miners, this list here >>22265306 is the one which I most believe in. Impact Silver more than any other company. All of them are silver stocks, but silver is what I really believe in. Some other good companies are:

Aurcana, Irving Resources, Silver Viper.

If you want to take on less risk, buy small producers like Alexco, Great Panther, MUX; or larger ones like Hochschild, First Majestic, Hecla, Endeavour, Pan American (all these are in SILJ). But, ultimately, any silver stock is a risk. You're either going to make a fortune or lose everything. Is silver going up or is it going down. That's the only thing that matters. I believe silver _must_ go up, hence I have 100% confidence in my small caps.

I may have given you this list already in the other thread, but if you want some other good Youtube channels beside Palisade, my top ten favourite channels are: maneco64; Uneducated Economist; Mike Maloney; Peter Schiff; Arcadia Economics; Dominic Frisby; Liberty and Finance; Heresy Financial; Quoth the Raven; Gregory Mannarino.

>> No.22265940

>>22265907
Thank you. May I get your opinion on uranium miners?

>> No.22266011

>>22265761

My favourite silver small-cap is Impact Silver. This is why:

Impact Silver has an excellent CEO who bought his property in anticipation of the present bull market, 14 years ago. It is the purest primary silver producer in the world. No debt, a lot of cash. Q2 2020 earnings better than Q2 2019 despite the fact that Impact was shut down for half the quarter. The company has survived for 14 years while most of its competitors have gone bankrupt. The property is the second-oldest silver mining district in Mexico, and Cortez is even said to have hidden there once. Its size is colossal: 623 square kilometers. There is an enormous number of abandoned silver mines, going back all the way to the time of Cortez, all over the property. And you can buy shares in this company, right now, for less than $200 million dollars in market-cap. For reference, First Majestic has a $3 billion dollar market cap, and a lot of people are predicting that that will go 10x. Now imagine what Impact will do.

>> No.22266044

>>22265940

A lot of very intelligent people, like Rick Rule, believe in uranium very strongly. I'm sure that it will do extremely well, but I've chosen to go all in on silver, because that's what I believe in 100%.

>> No.22266087

>>22265494
>>22266044
Thanks for all your posts, great discussion

>> No.22266091

>>22266011
>The company has survived for 14 years while most of its competitors have gone bankrupt
see, we agree.

most junior miners go bankrupt. That's all I'm saying. dyor but the average is not great.

>> No.22266102

>>22262198
buy gold guys, it’s up 1% in the last decade!

>> No.22266121

>>22266087
np buddy.

buy silver and gold. But don't confuse miners with silver and gold. They[re two very different asset classes.

>> No.22266128

>>22266087

Thank you, you're welcome.

>>22266091

>>most junior miners go bankrupt. That's all I'm saying. dyor but the average is not great.

Qualified by this statement:

>>22263262

"In a PM bull market, juniors don't go bankrupt. The past ten years have been the longest and cruellest miner bear market in history, so they are an exception to the rule. Silver actually sunk below the cost of production," &c.

>> No.22266130

>>22262897
fpbp

>> No.22266161

>>22266044
One more question, and perhaps a little too personal, but can you define “all-in”? My financial advisor (go ahead and laugh) and general investing wisdom preaches diversification, but if we’re on the brink of a total financial systemic meltdown on a scale never before seen, does diversification still make sense? Or would it be prudent to go literally all-in (as in 70%+ of portfolio) into miners and PM? It seems that the old rules are soon going to be inapplicable and we are entering a time where even sound conservative advice from the financial establishment is patently absurd and would cause you to lose almost everything.

>> No.22266171

>>22266128
>In a PM bull market, juniors don't go bankrupt.
you're in for an ugly surprise
>The past ten years have been the longest and cruellest miner bear market in history
I actually work in mining and to be frank 08-09 was the only bad run we've had until covid.

>> No.22266274

>>22266171
>08-09 was the only bad run we've had until covid.
should probably qualify that for the children here

1979-1982 were terrible for miners as well.

>> No.22266319

>>22262198
>not diversifying your investment
well, I put my money in cigarettes, alcohol, and Lego so far

>> No.22266328

>>22266171
>>22266274
mining is cyclical. it crashes every decade or so. Any geologist knows this. It's our bread and butter. We're heading into a bull market from all appearances, but it's going to crash again, it always does.

>> No.22266345

>>22266161

To my mind, the bankers have now forced us into a position where we _have_ to act radically with our money. If we sit with our cash in a bank, we are running the risk, every single day, that we might lose it. Whether to a banking crisis in which the banks actually collapse, along with everything in them, or a hyper-inflationary event from their being bailed out. Stocks are in an unprecedented bubble; so the only safe thing to do is to put the money in gold. Mining stocks are much more of a risk than bullion, but mostly in the sense that, if we are wrong about PMs, and the Fed pulls a rabbit out of a hat, metals will collapse to a certain extent, and miners will collapse into oblivion because of that. But I simply don't see how that is possible at this point, because yields are now negative, and can _only_ go downhill from here. And that's why most my money is in mining stocks, because I have 100% courage in my convictions about PMs. Gold bullion, however, is a safe place to go for those who simply want to preserve what they have got.

Money managers will talk about diversification because they don't really care about their clients. They simply want to cover themselves. If everybody else invests in Tesla and Apple, and then loses everything, they don't get punished for it, because it was simply a "systemic failure." In times like this, we have to think for ourselves. Anybody buying mainstream stocks right now, or bonds, is going to be wiped out.

>> No.22266390

>>22266328
it's not an accident that metals crash either. we do it on purpose

>silver price goes up
>we open more silver ground
>sell more silver at higher prices
>silver price goes down
miners are the reason metals prices track inflation without booming or crashing. We normalize markets by mining more when prices go up and mining less when they go down.

silver and gold can't boom or crash too far because we respond to those movements by feeding markets metals. And we're not short on metals to feed it. Not even close.

>> No.22266415

>>22266328

I disagree that miners necessarily have to be cyclical. People bought miners in the 70s and 80s because they anticipated hyper-inflation. Volcker let yields to go 20%, hyper-inflation was averted, miners crashed. Same thing happened from 2001-2011; miners rose on fears of a dollar crisis, crashed when the Fed convinced everybody, lyingly, that we could "return to normal." Now miners are rising again; but if this is the end-point where we really do revert to a gold and silver standard of money, and fiat completely collapses, there is no reason to suppose that miners will crash the way they used to do. For all we know, they may retain their value for the next century.

>> No.22266461

>>22266415
that's our problem, none of those cases is the same

in 08 miners crashed with the stock market because of housing. Had nothing to do with anything, we just went down because of housing defaults and a market crash.

you might be right about fiat and metal, but there's no historical precedent for it, just like there's no historical precedent for the crashes of 1980 or 2008. We don't have any rules to play by, miners are like farmers. We play by every rule.

>> No.22266501

>>22262198
elon musks advances into space will destroy the precious metals market, as if he just mines one single asteroid he can gain more gold than what is found on earth and thus cause earths gold prices to slap rock bottom. the rpecious metals market is going to go severely down in the future.... but it doesnt really go up much as it is, so what is the use in it? its just a stable store of value for now, which will absolutely crash to nothing in the future.

>> No.22266527

>>22266501
musk costs more in every hour than most mines cost in a decade. He'll die long before he turns a profit on space rocks.

>> No.22266531
File: 20 KB, 600x800, 1596791038481.png [View same] [iqdb] [saucenao] [google]
22266531

>>22266501
>elon musks advances into space will destroy the precious metals market

>> No.22266537 [DELETED] 

>>22266390

Listen to the interview which Craig Hemke did with Craig Hunter, where he accurately predicted the rise of silver from $18 to $30 only days before it occurred. Silver crashed after 2011 because of COMEX manipulation, not because of a supply-glut. You had spoofing by the banks (Bart Chilton confirmed this) and then margin requirements were hiked five times. Then, since that time, J. P. Morgan has been suppressing the price by shorting the market. But that is coming to an end. Because of overwhelming demand for silver from panicked rich people who see that our financial system is about to crash, we are coming to a point now where we'll finally see a true free-market price for silver, and never look back.

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

Hence why Eric Sprott is absolutely convinced that the GSR is about to revert to 1:15, and has gone all in on silver.

https://www.youtube.com/watch?v=qs4j2MfziOQ&ab_channel=SprottMoney

Owing to the manipulation, silver is now a severely depleted asset, as Andy Schectman says.

https://www.youtube.com/watch?v=gkaMAaPRg0A&ab_channel=ArcadiaEconomics

Kirian van Hest believes that the COMEX is already out of silver as of a few days ago, and that, once people realize this, the panic will begin.

https://www.youtube.com/watch?v=wIjaoRVgOk0&ab_channel=PalisadeRadio

>> No.22266556

>>22266390

Listen to the interview which Craig Hemke did with Greg Hunter, in which he accurately predicted the rise of silver from $18 to $30 only days before it occurred. Silver crashed after 2011 because of COMEX manipulation, not because of a supply-glut. You had spoofing by the banks (Bart Chilton confirmed this) and then margin requirements were hiked five times. Then, since that time, J. P. Morgan has been suppressing the price by shorting the futures market. But that is coming to an end. Because of overwhelming demand for silver from panicked rich people who see that our financial system is about to crash, we are coming to a point now where we'll finally see a true free-market price for silver, and never look back.

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

Hence why Eric Sprott is absolutely convinced that the GSR is about to revert to 1:15, and has gone all in on silver.

https://www.youtube.com/watch?v=qs4j2MfziOQ&ab_channel=SprottMoney

Owing to the manipulation, silver is now a severely depleted asset, as Andy Schectman says.

https://www.youtube.com/watch?v=gkaMAaPRg0A&ab_channel=ArcadiaEconomics

Kirian van Hest believes that the COMEX is already out of silver as of a few days ago, and that, once people realize this, the panic will begin.

https://www.youtube.com/watch?v=wIjaoRVgOk0&ab_channel=PalisadeRadio

>> No.22266561

>>22264244
you can literally make a free 30% from now to eoy by betting on bitcoin not touching $20000. 5% from january to december is garbage.

>> No.22266588

>>22266537
I don't have to listen or believe or disbelieve.

the thing is my town sits on enough silver to crash the world market 1000 times over, we're just waiting for prices to go high enough.

market manipulation doesn't matter. As soon as prices hit $50 we're going to crash the market with megatons of silver. Not just us but mexico and canada and indonesia and lots of places. We have no shortage. What we lack is the price point to dump on you.

>> No.22266646

>>22266556
you guys blame shadow figures and JPM or whatever for manipulating the price down

where you need to actually look is silver miners. We have literal tons of the stuff and every time the price goes up we sell. That's our job.

>> No.22266666

>>22266588

Sorry, you were replying to >>22266556

Had to re-write the post because I accidentally wrote "Craig Hunter."

If we return to a bimetallic standard, consider how much silver you would need to produce to account for the quadrillions of dollars which are present in our financial system. Every single one of those dollars, ultimately, has to be accounted for by gold and silver, if we go to a new monetary order. And a new monetary order is simply inevitable.

>> No.22266671

>>22266666
what a waste

>> No.22266693

>>22266666
true, but if we return to bimetalism we'd need to adjust the price of metals making it no different than fiat.

so even if we for some retarded reason did that, it would just be another government fiat scam.

>> No.22266782

>>22266666
checked and based silver bull anon.

>>22266671
not based

>> No.22266784

>>22266671
it was a decent get, huh?

>> No.22266785

>>22266693

If we go back to bimetallism, gold and silver simply = wealth. They _are_ the store of value, they _are_ money, they are worth all the quadrillions of fiat notes which are presently in existence. So if you front-run that now and own miners and metals, you own the store of labour directly, instead of having to labour in order to get it.

>> No.22266836

>>22266785
we both know governments won't allow that. so either the government is gone and chaos rules, in which case bullets beat silver, or the gov is still there and metals rule but you and I aren't allowed to own them.

either way we lose.

>> No.22266879

>>22266836
>we both know governments won't allow that.

whichever country does, and has the stockpiles to facilitate it, has the world to gain. if you knew anything you would already be anticipating this.

https://www.youtube.com/watch?v=kGZ4QxpQB6M&t=559s

>> No.22266900

>>22266785
>>22266836
Oldfags...What's going to happen to muh cryptos during all this? And on what online exchange can I buy the companies listed in >>22265306

>> No.22266905
File: 606 KB, 1416x1600, bottomless.png [View same] [iqdb] [saucenao] [google]
22266905

>>22266501
>elon musks advances into space will destroy the precious metals market

>> No.22266921
File: 85 KB, 828x458, goldtres.jpg [View same] [iqdb] [saucenao] [google]
22266921

>>22266836

Depends on which governments you mean. Governments all around the world have been hoarding gold, and dumping treasuries, since 2008, and the process has only accelerated during the last few years. First after the late 2018 stock market crash, when the Fed failed to raise rates, and had to re-start Q. E.; next after the repo crisis; now after Q. E. infinity. And now we are seeing things like this:

"China To "Gradually" Sell 20% Of Its US Treasury Holdings, May Dump It All In Case Of "Military Conflict": State Media"

https://www.zerohedge.com/economics/chinas-state-media-strongly-teases-nuclear-option-dumping-all-us-bonds-extreme-case

So we are going to back to a gold standard, whether the West likes it or not. The world doesn't want to waste its commodities in exchange for worthless paper any longer. It sees that the U. S. can never pay back its debts. It is desperately trying to get into a seat before the game of musical chairs stops playing. We'll go back to gold by force, not because of the West's desire to do so.

>> No.22266930

>>22266879
I'm sorry dude, I don't watch youtube shit

last time we did this the US backed its dollar with gold and france printed fiat to buy it all. So the US stopped using gold for money instead of paying all its gold to france.

the first country to adopt loses. The next 99.99% of countries to adopt also lose. The only winner is the country that DOESN'T adopt.

so we have a prisoner's dilemma where everyone needs to come on board all at once or nobody will.

>> No.22266958

>>22266921
false dichotomy

the choices aren't dollar or gold. there are literally millions of possibilities.

>> No.22267139

>>22266958
>the choices aren't dollar or gold. there are literally millions of possibilities.

such as?

>> No.22267145

>>22266958

Gold has been money for all of civilized history.

>> No.22267239

>>22267139
>such as?
pork bellies, yuan, pesos, natural gas, board feet lumber, audi quatros, centavos, wampum, lambos, rice, cattle, cpu's, rabbit skins, pounds, lead, water, sand, cobalt, snake skins, carved round rocks, your mom, gats, straps, gp;d pressed latinum, jelly bellies, avatar episodes, bus tokens, eels, caviar, hennesy, dom, kobe beef, kobe dunks. dunkin donuts, shares of apple, robot chickens, chicken nuggets, gold nuggets, butt nuggets, rabbid dogs, dog rabbits, my mom's house plants, planting my mom's house, land, islands, rain forest diversity, sugar cane, slaves. slave one models, models descended from slaves, pussy, pussy, pussy

>> No.22267257

>>22263595
Im an actual geologist and youre just a cunt

>> No.22267269

>>22267257
I'm both a cunt and a geologist.

suck my fugacity you little bitch.

>> No.22267422

My buddy was bragging to me about his 70% gold returns that he got over a period of 6 months. Meanwhile I got 200% returns off crypto in three days LMAOOOO

>> No.22267536

>>22267239

Not a single item on this list has the requisite properties to be money.

>> No.22267558

>>22267536
anything can be used as a medium of exchange

that's why you retards always fail. You have no imagination. Autism holds you between the lines

>> No.22267594

>>22267536
the simple reality is billions of people are engaging in commerce right now without using dollars or gold

chew on that for a minute.

>> No.22267632

>>22267594
north america and western europe are the only places on earth where gold/silver are not accepted as currency lol. everywhere else has continued as usual for thousands of years. when the white mans west fails, as it will due to the long nose tribe, we will return to the ways of our ancestors. gold and silver are money, full stop, and they always will be.

>> No.22267651

>>22266930
Someone who is not rockpilled and actually has the ability to reason beyond shiny good. Nice!

>> No.22267671

>>22267632
Go back to collecting rocks and bullets while you wait for the sky to fall. People are here to make money.

>> No.22267771

>>22262897
Fuck off you stupid nigger piece of retarded shit. With shitcoins i did nothing but bleed money, while i x2'd with my boomer rocks.

>> No.22267780

>>22267632
being universally accepted isn't the same as being universally required.

>> No.22267880

So isn't the idea of silver going up in the long term contradictory to miners go up. If those small cap miners have so much silver in the ground and it's so easy for them to extract it the price of silver can not multiply because of the high supply. I'm in silver because it's said the recourses will only last for like 25 years if it's mined at the current speed.

>> No.22267973

>>22267880
you got it exactly

silver goes up we mine more and crash the price.

only way silver can go up and stay up is if miners fail. Any bet on miners is ultimately a bet against silver. or gold. or whatever thing miners choose to mine

>> No.22268056
File: 58 KB, 780x438, 161020094357-carlos-rodriguez-mugshot-split-exlarge-169.jpg [View same] [iqdb] [saucenao] [google]
22268056

>>22262198
You know if gold was to replace all fiat it would need to be priced at around a huge fucking amount per Oz... like maybe millions per Oz!
That would drive a mining and earth splitting industry into super fucking overdrive, the likes of which has never been seen... this is not 1843... Rockets will start pulling gold from space... and in a few hundred yeas GOLD will be so plentiful that it will be useless as a currency again... plus its hard to move and send and secure.
Bitcoin is obviously the future like car was over the horse.
But if BTC becomes the "money" of the world then it too will have so much adversarial activity the likes of which we have never seen... every gov in the world will be putting all the computing power and brains to gaining a dominating position in the blockchain. Mining rigs and quantum computers will be built at amazing speed and scale to try and dominate BTC!
Anything humanity uses as money will be tested to the max with our current mastery of our environment.
Might become dangerous to use BTC without hiding your IP... And a whole lot more worse...
Monero kinda could un-ironicly be the future if BTC is too dangerous to use!

>> No.22268303

>>22267973

Gold miners produce a 1% inflation rate per annum. Enough to keep up with world population growth, basically. Silver is so depleted that no matter how much we mine we are never going to have enough of it. All consumed in industry by now, little or nothing in government or company stockpiles, mined at a ratio of only 10:1 when compared to gold. You vastly overestimate the power which miners have to add to the money-supply. And this after the quadrillions of dollars in existence have already been forced to account for our existing gold and silver, which would send gold to $50,000 and silver to goodness-knows-where.

>>22268056

BTC is a joke without a use-case. Never going to function as money. Even better cryptos will never be money. There will always be 5000 different ones to choose from--the true "asteroid mining." Governments are hoarding gold, so that is what we'll revert to after the reset.

https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7

>> No.22268342

>>22268303
Gold miners are not even trying currently - its only 4k per OZ... once its 50 or 500k per Oz, they just gonna nuke the earth in 2 and scoop the insides out!

>> No.22268348

>>22268303
you mistake lack of volume for lack of supply

we don't mine silver alone because it's essentially worthless and unprofitable. if you jack the price up we'll suddenly find centuries worth of supply. Because supply depends on price, not some imaginary limit your minecraft brain comes up with.

>> No.22268396

>>22268348

We were mining as much silver as we could get our hands on when gold and silver were money. And this was before silver was used in all the important industries which it has a place in today. In the worst-case scenario, this produced little inflation. Consider this for example:

https://en.wikipedia.org/wiki/Price_revolution

"The Price Revolution, sometimes known as the Spanish Price Revolution, was a series of economic events that occurred between the second half of the 15th century and the first half of the 17th century, and most specifically linked to the high rate of inflation that occurred during this period across Western Europe. Prices rose on average roughly sixfold over 150 years. This level of inflation amounts to 1–1.5% per year, a relatively low inflation rate for modern-day standards, but rather high given the monetary policy in place in the 16th century."

All the Spanish treasure fleet could do was to produce 1.5% inflation per annum. Not impressive, and again, as I say, we don't even have stockpiles of silver any more. In the past, people were sitting on massive hoards of it. There are no such hoards now.

>> No.22268451

>>22268396
>We were mining as much silver as we could get our hands on when gold and silver were money.
false. we shut down US silver mining entirely in 1891 because we produced so much we crashed global markets. After that we never reopened it.
>Consider this for example:
you stupid faggot with your 1500's economics

consider this example:
https://en.wikipedia.org/wiki/Denver_Depression_of_1893

>> No.22268455

>>22262198
Crypto isn't dead and you should definitely have both.

>> No.22268476

>>22268348
>we don't mine silver alone because it's essentially worthless
Found the sub 80 IQ in this thread without even trying

>> No.22268625

>>22268476
I pay one of my miners $25 per hour on average. Given insurance and taxes it costs me about $50 per hour to pay him

at that rate my miner needs to pull 2 ounces of silver per hour to break even. My guys can pull about 12 tons in 10 hours working in crews of four, or about 3 tons each in 10 hours, or about .3 tons per hour. at that rate I need to have ground with 2 ounces of silver per .3 tons or about 6 ounces of silver per ton ignoring operating and refining costs. Just to pay labor.

after I pay for haulage, refining, liability, bonds, training, licensing, and utilities I need closer to 30 ounces of silver per ton. Of course I don't own a mine that rich, almost nobody does.

but hey, if you run prices up high enough my 10 oz/ton ground will suddenly be profitable.

so keep sucking that silver dick, my guys need their chicken dinners

>> No.22268689
File: 41 KB, 802x468, silver.jpg [View same] [iqdb] [saucenao] [google]
22268689

>>22268451

Ever since the Opium Wars, the price of silver has been manipulated, so any silver-based example of inflation after the late 19th-century is distorted. The U. S. Congress abolished bimetallism in 1873. Recollect the famous "Cross of Gold" speech, delivered by William Jennings Bryan. But not only is silver now necessary in all kinds of essential industries, and a largely depleted asset, but it is also now at an historic low, so that the only way forward is up, not down. You can see that by looking at a 500-year-chart of the price. The risk is entirely to the upside, and, in case of a complete monetary collapse, silver, whose market-cap is pitifully low, will be one of the only safe havens for people to flee to. If I recall correctly, there isn't enough silver for each person in the world to have even one ounce to his name. I remember people like you who were shouting that silver would go even lower when the GSR hit 1:125, because there was "just so much of it." Couldn't possibly be manipulation. That's when I was purchasing every bar in Switzerland and Singapore that I could get my hands on.

>> No.22268727

>>22268476

I think that we've found Pan Man's evil twin brother.

>> No.22268738

>>22268625
You are a shitty miner and have a shit mine, that's your problem. Now go buy rope and use it.

>> No.22268773

>>22268689
supply is only the ground that isn't deemed unprofitable because of EPA enviro regs and other jurisdictional problems.

once you remove those constraints the US alone has enough silver to utterly destroy world markets. It's like our fracking of oil shales. Nobody really expected it to crash oil and gas markets but geologists have known since at least the 1970's what we had. We know what we've got in silver and gold, and there's still no country on earth that can compete.

>> No.22268878

where do i buy mining stocks in the uk? vanguard?

do i get taxed on holding them or is it only when you sell?

>> No.22269098

>>22265346
he can buy you tissue for your tears when your 150x goes the other way.

>> No.22269181

>>22268878

To trade most of the small-cap miners, you'll need to get on Charles Schwab, International Brokers, any service which gives you access to the Canadian stock exchange; possibly trade the stocks illiquidly in Germany if your broker offers you that option instead.

However, the LSE does give you access to the GDX, GDXJ; the large-caps like Newmont and Barrick; as well as some good mid-tier silver companies like Hochschild Mining and Adriatic Metals. Most U. K. brokers should also give you access to the NYSE, where you can buy good silver producers like Alexco and Great Panther Mining.

>> No.22269201

>>22268878

And no, there are no taxes for holding miners, apart from dividend tax. Only CGT when you sell.

>> No.22269280

>selling your precious metals now to buy more crypto

>> No.22269344

>>22264841
>>22264897
>>22265175
>>22265214
>>22265257
>>22265371
>>22265456
>>22265494
>>22265547
>>22265655
>>22266390
>>22266461
>>22266588
>>22266646
>>22266693
>>22266836
>>22267973
>53 posts by (((This))) ID
Mr shekelberg. Nice to see you

>> No.22269713

>>22262198
i want a kg of silver, gold, platinum, and palladium just to have.

>> No.22269789
File: 100 KB, 750x863, TFW too smart-dumb to play the game.jpg [View same] [iqdb] [saucenao] [google]
22269789

>>22269344
He's not being paid to fud! He's already told you he's a geologist, and he's never heard of a 'silver mine' (despite living in the country that produced the Comstock Lode), but he's also in charge of hiring miners, and he's also super well versed in ore processing, though he didn't know why someone would be recommending Canadian mining companies and seemed confused by everyone calling gold mining stocks, gold stocks. You see, he's been around this business for decades now, which is why he's completely ignorant of the fact that at this point in the market, failing juniors with reserves just get bought up.

>>22268773
You spend the last 6 hours, making 53 posts alone in this thread, solely to lie and misguide people who you think don't know better. I remind you that Hell is a real place, where you will spend eternity.

>> No.22270030

I bought over 150 oz silver from having none last month because of fear of inflation and that comex delivery happening. I am kind of demoralized now and feel that I bought high since it can't breach 30 spot and comex was a nothingburger.

>> No.22270043

>>22269789
sorry, I don't really speak schizo. If you want to talk about mining I'm your guy though.

>> No.22270121

>>22270030
all of this is an nothingburger
/pmg/ and faggots like these
>>22269344
>>22269789
will lie and destroy you

make your own decisions, don't listen to the soulless faggots on this board. If you want to buy silver and gold go ahead. If you don't want to then don't. But do it for you, not for me or anyone else.

>> No.22270370

physical silver and miner shills are the worst lmao
buy my zero liquidity rock at a 25% markup... it’ll moon I promise... buy my pos mining scam I’m totally not being paid to shill...

buy gold eagles if you absolutely are convinced that boomerstones are hot shit... buy something else if you want to make a speculative play

>> No.22270469

>>22262198
These threads are fun to watch crypto fags sperg in

>> No.22270689

>>22266666
Unfortunately mega satan is wrong hear. No government would ever convert to gold or silver backed currency in the modern era. Trillions of reasons why not.

>> No.22270758

>>22268773
SHALOM

>> No.22270782

>>22270030
>i bought last month and nothing is habbening :'(!
Nigger your time horizon should be larger than a month. These things take time. this is a real investment, not your crypto kitties. This shits like buying up bitcoin before it's big runup faggot. just be patient

>> No.22271018

>>22269181
Are you Argyrus trip? I took your advice back in May... you've been doing the lords work here.

>> No.22271081
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22271081

>>22262198
https://news.bitcoin.com/only-bitcoin-outpaces-g4-central-bank-balance-sheet-growth/

BTC is still king and will continue for the next 100 years at least. Get onboard faggot before you are priced out forever.

>> No.22271170

>>22262897
>Precious metals will never 10x in a week
PMs are for wealth preservation, not getting rich.

>> No.22271369

Should I sell my silver now?

>> No.22271716
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22271716

Holy shit the amount and quality of FUD is getting ridiculous.
That's beyond bullish if you ask me.

>> No.22271757

>>22262973
is it better to invest in miners or stack the actual metal?