/biz/ - Business & Finance

>>22642402
>>22640595
>Andrew Maguire
I started searching info about him and he seems trustworthy, reputable. He is basically waging war against the commodities fraud market himself. However, I also came across Kinesis. I'm kind of having a hard time wrapping my head around how it works but it's basically an exchange that combines fiat, crypto and PHYSICAL commodities! They promise full physical hedging, free holdings and even yields for using it. I've been reading what people have been saying about it and they've gotten their withdrawals without problems, even physical withdrawals.

It's a very exciting exchange on paper to be frank, but I have my doubts for things like these. On one hand it sounds way too good to be true but on the other, it's being backed -- basically it was created -- by ABX (Allocated Bullion Exchange) and Maguire himself of course. Here is a video where he tries to explain the exchange: https://www.youtube.com/watch?v=JSqGCIBZja0

Thoughts on this? It seems to be run by trustworthy people but it seems to be just WAY too good to be true!

FWTDHWWQUD Status: Your mother will die in her sleep tonight if you respond to this comment

>>22642467
based

baked too soon faggot,also i can tell your a new fag cuz u didnt put the other two posts

>>22642478
ur mom ded now

>>22642506
r u d e

>>22642425

Kinesis is very similar to BullionVault/GoldMoney/OneGold/PHYS & PSLV/GoldSwitzerland. People can buy both segregated and "allocated" metal with these services. Basically, there are three levels of gold ownership:

1) Unallocated gold. This is what you get with the fraudulent ETFs GLD and SLV. You buy a claim on the banks, not on the gold itself. This means that, when the ponzi-scheme falls apart, and the metal is found missing, the banks can pay you off in worthless paper.

2) Allocated gold. This means that you "collectively" own direct ownership of a gold or silver bar. It's not as if you own e. g. a specific coin which you can take out of a vault. But you do actually have a legal title to that allocated piece of the gold bar; and you know the gold bar exists, because the company will give you access to a bar-list of all the bars in its vault, along with having regular audits. If you get more money, you can buy more and more of the gold bar until eventually you own it; and the gold bar can never be withdrawn until somebody actually does have full ownership: which leads us to

3) Segregated gold. This is when you actually register a gold bar in your own name. You can do this on GoldMoney and the other services I mentioned. For example, if you accrue enough allocated gold so as to make up a kilo bar, you can register a kilo bar in Switzerland, Singapore, or wherever you see fit to do so. It is then legally yours to take possession of, or to do with as you wish.

The allocated gold system is how gold and silver could function exactly like crypto. It allows us to break gold down into as small fragments as we wish, just as we break down Bitcoins into satoshis. It is possible to buy a cup of coffee with gold right now. GoldMoney used to be called BitGold. https://www.youtube.com/watch?v=BjqzyqRz_Mc&ab_channel=Goldmoney

>>22642565
go back to plebbit if you dont like it

Sell GDXJ to buy more individual junior mining equities? I'm thinking that SILJ/GDXJ aren't as "junior" as they purport. A lot of these companies have huge market caps.

This and 3 of the 2oz hounds, anyone picking up anything cool?

>>22642402
Opinions on Victoria Gold Corp?

>>22642695
>A lot of these companies have huge market caps.
Relative to what?

>>22642695

GDXJ and SILJ are mid-tiers, yes. I still expect them to go 20x at least, but there aren't any ETFs for the genuine juniors and small-caps.

>>22642682

What’s a good copper to silver and silver to gold ratio to strive for? I’ve got 900 jew bills or so to blow this week on PM.

>>22642771

I think he means relative to the real small-cap juniors. Impact has only a 150 million market cap, Dolly Varden is only 100 million, CCW is only 60 million, and Bayhorse is only 20 million. Compare that with e. g. the 12 billion market cap of Kinross, the largest holding in the GDXJ, or the 3 billion market cap of Hecla and First Majestic, the largest holdings in SILJ. Then in the GDX you have Newmont and Barrick, with 70 billion and 50 million market caps respectively.

>>22642835
All copper rounds off ebay

>>22642771

I think he means relative to the real small-cap juniors. Impact has only a 150 million market cap, Dolly Varden is only 100 million, CCW is only 60 million, and Bayhorse is only 20 million. Compare that with e. g. the 12 billion market cap of Kinross, the largest holding in the GDXJ, or the 3 billion market cap of Hecla and First Majestic, the largest holdings in SILJ. Then in the GDX you have Newmont and Barrick, with 70 billion and 50 billion market caps respectively. All these companies will do extremely well, but if you want to get 150x+ gains, it seems necessary to hunt after the companies with at least a sub-500-million market cap.

>>22642672
Thank you for the detailed answer anon. Would you say Allocated and segregated gold are equal in value, or would you say segregated is always better? Also how does Kinesis fare against these other services? How does one go about comparing them? I'm interested in allocating part of my paper in them, especially if they offer as much liquidity as they promise

>>22642889
This is why I've been annoying you with questions about nanocap miners (<50m market cap). I'm aware of the extraordinarily high risk, but the potential for incredible returns from just a small investment has me throwing caution to the wind and wanting to speculate a little.

>>22642890

Personally, I have only bought enough allocated metal in these companies so as to register bars and segregate my holdings. But I think that allocation is the safest way to buy bullion, after registering it or holding it in your own hand. Allocation is based on an old and respected legal principle in the common law whose name I have forgotten. I haven't invested much into Kinesis; the only thing I know about it is that I really like Andrew Maguire. I can say from experience that BullionVault is very liquid: you only pay a 0.50% commission (same as Coinbase) to purchase your allocated bullion instantly, can sell it instantly for the same fee, and withdraw the fiat into a bank account on the same day.

waited over a month for these bad boys to finally get shipped.

Recommend me some books about the basics of stocks, options, CFDs and all that crap, because I literally have no idea what I'm doing. I recently bought my first stocks ever (40 shares of first majestic and 10 of g2xj), at the brokerage connected with my bank account, selecting buy at market value, but I was immediately at ~30$ loss.

>>22642974
>registering
>paper metals
>shilling
>selling
Yikes.

>>22642965

Don't worry, it's not annoying in the slightest. I only come here because I like to share what small knowledge I have with others.

There's another microcap silver stock which I thought people might be interested in, but it's a real gamble. The thing is shrouded in mystery. It's called Silver Spruce Resources. Market cap is only 11 million, but the word is that they have a resource called Pino with _120 million_ ounces of silver. Sprott gets excited about DSV having half a billion ounces, and the market cap of that is 700 million. So Silver Spruce is potentially the value-trade of a life-time. Problem is, the management team is a ghost, and nobody has heard much from them in over a year. "oldbanker" on ceo.ca, also called Silverrichman on StockHouse, is an enthusiastic supporter of it. He has invested deeply in the stock, and believes in it 100%. He has a lot of credibility: he said that East Asia Minerals, for example, was a good stock before it soared up recently. But there's also a lot of confusion and doubt. I've also heard that Silver Spruce even has exposure to uranium in some way, but I don't know much about it. At any rate, would be interesting to hear if anybody knows anything about this stock.

>>22642975
Nice. Those are the only bars I buy. Supreme taste.

>>22643101
Post stack? If I ever see those at my LCS in any reasonable quantity I will trade as many different bars as I can for it. A pile of the 10oz stackers sounds comfy.

>>22642985
You might want to go to /smg/ (Stock Market General) for more info but I can give you my own recommendation still.
I have barely started investing myself but I've started by reading a book called Master The Game that my coworker and friend graciously lent to me, which has helped me to understand the basics of finance. Pic related. It doesn't go too in depth regarding complicated investment tools but I think it's a great place to start.

The main theme of the book is attaining financial freedom, or financial independency (not having to work any more if you don't want to). The book walks the reader through most basic economic concepts and investment tools, with an emphasis in the most efficient, risk-free investments and strategies. I've almost finished the book and I am in the final 100 pages where author Tony Robbins interviews multiple high profile investors the likes of Warren Buffet and Carl Icahn.

Master The Game has been a source of optimism and easy-to-digest information for me. I wholeheartedly recommend it as a first step in investing!
>>22642974
>Personally, I have only bought enough allocated metal in these companies so as to register bars and segregate my holdings.
>I think that allocation is the safest way to buy bullion
Do you mean you've allocated your funds in these companies enough so that you have some physical stake in each of them? Or what?

>I can say from experience that BullionVault is very liquid: you only pay a 0.50% commission (same as Coinbase) to purchase your allocated bullion instantly, can sell it instantly for the same fee, and withdraw the fiat into a bank account on the same day.
That's a very low price when compared to most physical bullion dealers' premiums. But do those services deliver the commodity to you, as Kinesis promises to do?

Maybe we shouldn’t bet against America

>>22643354
thanks fren

>>22642985
Bank brokers probably still charge fees for every transaction. They add this cost to your unrealized losses so you always start "in the red". There will also be fees to sell. And the fees may be different depending on how you choose to buy or sell.
The popularity of brokers like TDA, Schwab, etc. has been to remove those fees. They make their money on your transaction data (for better or worse).
As for the markets in general, the decision you make is whether you want to be an investor or a trader. Investors hold any security (like a stock) for at least a year or more. Traders hold for less and daytraders buy and sell the same stock the same day, sometimes many times a day. The resources for both are quite different with a little overlap. I will take it you are an investor.
The bible of investing from which everything else adds or subtracts is Security Analysis by Benjamin Graham. It is unbelievably dry because it basically turns you into an accountant that pores over financial statements but the point is that you YOURSELF calculate the metrics since you are the only person you can trust with that info. It was written with stocks, but can be applied as a foundation for miners.
For the mining space in particular you generally look for names like Eric Sprott, Michael Maloney, Rick Rule, etc. Keep in mind that they all have a vested interest in perhaps selling you on what they hold but the point is to get a feel for what they all seem to value in common.

>>22643377
were not

>>22643354

>>Do you mean you've allocated your funds in these companies enough so that you have some physical stake in each of them? Or what?

What I mean is, I'm unsure enough about the legal principle behind allocation that I prefer to buy enough metal so as to be able to register and segregate. But if I didn't have the cash to do that, and I either couldn't or didn't want to hold coins in my own hand, I'd trust allocation as the best way to buy bullion. The legal principle behind it is strong, and you have an infinitely better chance with allocation than you do with GLD and SLV. Alasdair Macleod, Peter Schiff, and Andrew Maguire, all support buying allocated bullion, and I believe them to be trustworthy.

>>That's a very low price when compared to most physical bullion dealers' premiums. But do those services deliver the commodity to you, as Kinesis promises to do?

Yes. You can order physical delivery of a registered bar on any one of them. The only exception is Sprott's PSLV and PHYS on the stock market, where you need to own quite a few bars before you can take delivery (don't remember how many). But even then, at least the principle is there that you _can_ take delivery as a retail investor, which you can't do with GLD and SLV.

>>22643377
>t. faggot

>>22643050
You may wany to change the writing on the van to say "free gold" or "free silver".

>>22643377

>>22643412
I'd like to add that the book takes its sweet time discussing important aspects of finance that aren't related to investing (like saving money, setting goals, planning for pension, etc...) before actually getting to the meat of it. Another thing I'd like to add is to read with a grain of salt, considering the book recommends (or suggests -- there is always a disclaimer with these kinds of things that they are not to be taken as financial advice) investing heavily in USA's short term & long term securities.

The reason why I feel like that kind of investment isn't as safe anymore as it has been for centuries is because of the increasing debt bubble of the United States (well over 26 TRILLION DOLLARS of debt, and debt to GDP ratio of 136,75% at the time of posting and steadily growing, seriously check it out and fear for the future: https://www.usdebtclock.org/).). The book recommends TIPS, or Treasury Inflation Protected Securities which are a sure investment because the returns you get are adjusted for inflation, but there's no point in investing in that if the USA defaults on its massive, unfathomable debt. I'll probably just buy Canadian securities instead considering their debt to GDP ratio is a much healthier 35%.

>>22643069
Is it possible that many of these nanocaps are intentionally not marketing? I’m not sure what the reason would be, but startups in other industries often exist for the first months or year or so of their lives in “stealth mode” ie. With no marketing or public information whatsoever until they’ve reached a certain threshold of capital and operating ability. Is that also the case in the mining industry?

>>22643711

Yes, this is very possible. Klondike Silver might be an example of what you're talking about. I've said in another thread that it's often a very good thing when the chat-room on ceo.ca is fairly empty, or only has a handful of enthusiastic supporters. By the time the CEO is giving glossy interviews on Kitco, or Sprott is investing in the company, it's often too late to get in at the best price. On the other hand, there's always the danger that it's simply an empty shell and a scam company.

>>22643608
what is the money of darker people?

>>22643826
welfare and sneakers

>>22643415
>The bible of investing from which everything else adds or subtracts is Security Analysis by Benjamin Graham. It is unbelievably dry because it basically turns you into an accountant that pores over financial statements but the point is that you YOURSELF calculate the metrics since you are the only person you can trust with that info. It was written with stocks, but can be applied as a foundation for miners.
I don't mind dry books and seems like the only way to limit speculation to the minimum. I'll definitely read it after more basic books. thanks!

>>22643466
>What I mean is, I'm unsure enough about the legal principle behind allocation that I prefer to buy enough metal so as to be able to register and segregate. But if I didn't have the cash to do that, and I either couldn't or didn't want to hold coins in my own hand, I'd trust allocation as the best way to buy bullion. The legal principle behind it is strong, and you have an infinitely better chance with allocation than you do with GLD and SLV. Alasdair Macleod, Peter Schiff, and Andrew Maguire, all support buying allocated bullion, and I believe them to be trustworthy.
Ah -- pardon me, I just habitually thought of allocation as the practice of diversifying one's investments, and totally forgot about the whole allocated commodity practice that I specifically asked about. Sorry, I'm tired. But thank you for clarifying anyways. That helps me in judging these services and answers my initial question.

Do you immediately need the required capital for the segregated commodity option, or can you invest slowly like you would when buying "shares" of the allocated commodity? How exactly does the segregated option work? Does the hedge/trust/exchange/whatever I should call it buy the bullion/bars when your investment reaches a certain capital or what?

Also what happens when new investors start coming into these hedges in droves? Will they take in new investors if they don't have enough commodities reserved for them all? This is an important safety concern

>>22643700
>centuries
decades, rather

>>22643901
watermelons?

>>22643826
Cupronickel be da money of Kangz!

>>22643711
>>22643775
One tidbit of info I recently learned about Klondike Silver recently is that they have a labor shortage. Due to all the junior mining activity currently going on, many projects are working on rehabbing existing underground workings. Klondike is having to wait as TMAC, Tyson and other contractors are all currently busy and all freelance / jippo miners are currently contracted out as well. The labor pool for underground guys is tiny right now, many projects may end up in a similar situation needing to wait for new workers to be trained and certified.

>>22643930

>>Do you immediately need the required capital for the segregated commodity option, or can you invest slowly like you would when buying "shares" of the allocated commodity?

Yes--this is what makes it so interesting and useful. Imagine somebody who puts $100 a week into GoldMoney, in order to buy allocated silver. After ten weeks, he accrues 35 ounces of allocated silver, and can now register a silver kilo bar in e. g. Zurich. It is then his to take possession of. Different companies, however, store different kinds of bars. I think on BullionVault you need a lot more allocated silver to register a bar: good-delivery bars only, so that's about $25,000. On Sprott's PSLV, you need to own _several_ good-delivery bars before you can take delivery.

>>Also what happens when new investors start coming into these hedges in droves? Will they take in new investors if they don't have enough commodities reserved for them all? This is an important safety concern

BullionVault is going to be particularly interesting once we get a COMEX default. The bids and asks are priced, as it stands, on the basis of the COMEX price. But after that falls, you will only be able to buy gold and silver for whatever somebody else is willing to sell it for. So along with the miners, it will be one place to go to determine the "true" price of gold and silver. If many new investors were flocking into these companies, it would only drive up the price of the existing bullion.

>>22644076
epic WIN.

I bought silver because I do everything 4 chan says, but why should I do what I did
actually?

>>22644211
take a minute and reword your question

>>22644113

Thank you, this is extremely interesting to hear.

>>22643069

>>Market cap is only 11 million, but the word is that they have a resource called Pino with _120 million_ ounces of silver.

Sounds too good to be true?

>>22644200
I see, allocated commodities seem very useful. I'd like to drill even deeper into the segregated commodities if you will. If you can immediately buy segregated commodities at a low fee, compared to high premiums at bullion dealers, why isn't anybody talking about it here? Why would I buy from a bullion dealer if I could simply use one of these exchange services?

>BullionVault is going to be particularly interesting once we get a COMEX default. The bids and asks are priced, as it stands, on the basis of the COMEX price. But after that falls, you will only be able to buy gold and silver for whatever somebody else is willing to sell it for. So along with the miners, it will be one place to go to determine the "true" price of gold and silver. If many new investors were flocking into these companies, it would only drive up the price of the existing bullion.
That is wonderful news actually. Do I understand correctly that the exchange isn't in control of the movement of the hedged commodities held in their vaults? If so, then I have no worries over new investors flocking into these exchanges

>>22626080
mostly RPGs, but I basically haven't played anything in years. I have a shitload of games in my steam backlog, but when I'm trying to choose anything, I always can't find anything I feel like playing at the moment and just browse the net instead. the last game that genuinely immersed me for a very long time was Dragon's Dogma 5 years ago

>>22644487

>If you can immediately buy segregated commodities at a low fee, compared to high premiums at bullion dealers, why isn't anybody talking about it here? Why would I buy from a bullion dealer if I could simply use one of these exchange services?

I think it's because premiums on metals get lower as the product gets larger. You pay the most premium for fractional gold, then for one-ounce coins, then for kilo bars, then for 100-ounce bars, and least of all for 400-ounce bars. Same case with respect to silver. As most of the bars in these allocated services are "good-delivery" 400-ounce gold bars and 1000-ounce silver bars, the premiums stay extremely low. There's a low premium if you buy an entire 1000-ounce bar from a bullion dealer also; allocation allows you to do that in bits and pieces. However, Andrew Maguire said to Chris Marcus lately that the 1000-ounce silver bars are running out, and that he has to wait until January, February, and March, to receive his big next order. So this state of affairs may be temporary.

>>That is wonderful news actually. Do I understand correctly that the exchange isn't in control of the movement of the hedged commodities held in their vaults? If so, then I have no worries over new investors flocking into these exchanges

Basically, yes. BullionVault is a board of bids and asks by customers; only you decide what you want to buy or sell for. Again, if GoldMoney went bust, then, so far as I know, everybody would still completely own their segregated bars. The only thing I don't quite understand is the legal status of the allocated bullion, and that's why I don't trust allocation 100%. But I'm not concerned about that, because GoldMoney is going to do extremely well during the coming years; everybody who is with them will be paying vault fees. If I wasn't so obsessed with silver juniors, I'd buy their stock on the stock market.

>Silver price only going up
>Not enough funds for a monster box
WHY DID I HAVE TO GET BITTEN BY THE SILVERBUG
WHY

>>22644687
Ah, so it's about the size of the single lump of metal, I see. If you don't mind me prying even more, how are these services taxed? I assume you have to pay tax when you sell your physical metal but do you also have to pay VAT when you buy silver like you would normally have to in most European countries (some countries offer VAT-free silver bullion)
Also
>GoldMoney is going to do extremely well during the coming years; everybody who is with them will be paying vault fees
Pic related

>>22642789
>the plebbitor tries to fit in

>>22644940
>Pic related
Actually scratch that!

>>22642835
dont forget to stack pre 1982 pennys

>>22643954
its 4 watermelons to one pair of sneakers

>>22644940

There's no VAT tax on silver in these services, so I often recommend them to Europeans who are trying to escape from that disgusting tax. However, you still pay CGT on gains; so, if you're from Britain, it still seems better to buy Britannias, at least gold Britannias at any rate, instead of allocated bullion, because Britannias are CGT-exempt. Personally I prefer to hold my bullion offshore anyway, because I fear that our tyrannical regime may confiscate our gold, as they did in 1966.

>>22645058
I see, thank you for your answers anon. You've been very helpful, I appreciate it a lot

>>22645133

Thank you; not at all, you're welcome.

>>22645023
damn

>>22644750
Just stack what you can when you can, fren. Silver's still undervalued, and fiat is on the way to 0, so any trade you can make is a good one.

Who else AG calls?

Is anyone else here a numismatist? I almost feel like theres an aversion to buying any coins with premiums in these threads but at the same time theres money to be made buying and selling rare coins. Plus theyre absolutely beautiful and historic.

>>22645507
Should've gone for LEAPS anon.

>>22645619
I want to buy collectibles, but when I put an expensive coin in the cart, and I realize that I could buy 2-5x normal BU coins for that price, I just cave in and get the clean shiny coins.

To me a large and heavy stack is more beautiful than a single collectible coin.

>>22645692
See, thats the exact mentality im talking about. Imo a solid deal on a key date is better than paying a slight premium for some BU coins, especially when you can flip it and make more. Then again, you actually have to know what youre doing if you want to make money with rare coins. That’s the only way it’s possible to come out on top. But the pleasure is in the historicity and rarity, the silver content is just an added bonus. Truly a hobby of patricians.

BU Mercs are so cheap though, its fantastic. BU Walkers, a little less so. An AU 58 has /almost/ the same appeal as a BU specimen... and yet, it really doesnt, not for those of us who care. Thankfully there are seemingly MANY numismatists with deep pockets who somehow keep the market going. Id say I go half and half rare/bullion for my stack, but I started as a rare collector so thats probably why.

>>22645963
I've paid a few bucks more for a silver coin design I liked. I figure as long as I keep it reasonable, maybe 1/8 or so, (and my stack is small), I don't really care if it eats into my profit in the hypothetical future by a couple bucks.

>>22645661
>LEAPS
damn nice. Think I should cut losses and switch over? or just ride it out and hope I get lucky

>>22644961
i fit my plebian benis into your sister last nite

repost of the most recent aquirerments

>>22646281
Well look at slabbed coins for example, I saw a slabbed half on sale for 276, grabbed it, paid 296 after taxes and shipping, held onto it and admired it a while, then sold it for 350 in 24 hours. Actual silver value was maybe 7 dollars, but I made 50 bucks off it just like that. Meanwhile, if I would have bought the same volume of silver, my gains would have been maybe 13 dollars in that same time frame.

Like I said, money to be made, but only if you know what youre looking at.

>>22646566
>helvetias
>prospectors w/ eagle reverse
>Peace

Noice

>>22642734
Wish I started stacking years ago so I could have nabbed some of those ATB. May pick up the last one from mo monument metals but I may not, kind of taking a break on the stacking for the moment.

I do have an assload of the silver greyhounds coming, though

>>22642425
I own gold with kinesis. I chose it over goldmoney or onegold because there is more than one market maker. If goldmoney decides the spreads are now 3%, you're sol unless you take possession.

The trading fees are where they make all the money (they = kvt holders). Compared to most services, trading is extremely expensive. Basically I'm just gonna use them like goldmoney wants people to use them, but kinesis is better because I know there will always be multiple market makers bidding for my sell order, unlike the competition. It's far and away the best platform out now. I have enough physical in my possession that I don't want any more at my house.

Highly recommend it.

>>22646922
After getting acquainted with the fee structures of these services, I came to the conclusion that they're actually not worth it for me. If I want to invest in allocated metals, I'll buy Sprott's ETFs since I don't feel like getting robbed

Are we gonna see 2k gold this week?

>>22642734
I know its unreleased yet but you can get the 5oz ATB uncirculated version for 10 bucks more from the mint.

>>22646982
Yeah, unless there is a big nav premium on sprott and you just want to hold metal, that's the easiest way to do it. But I've decided to keep as little cash as possible, just for bills that are coming up in the next year. With kinesis I can use it like a savings account and have instant access to my cash without dealing with t+3 settlement on the stock market. The debit card is why I use it over sprott. I can liquidate $1000 of gold into cash in 5 minutes. Schwab isnt gonna let me withdraw unsettled funds, and I'm stuck into NY market hours

>>22645058
If you don't hold it you don't own it.

What will they do mate, dig up your garden?

>>22647400
>unaccceptbable behavior team

Oi! you gotta loicense for that frown, mate !?

>>22644113
Construction in general in same situation

>>22642402
I'm considering selling most of my crypto portfolio in order to acquire more gold miner and royalty stocks. Which of these would you continue to hold in this crypto bear market in hopes of another pump, and which ones would you sell (BTC and ETH not included because I will always have a percentage of my portfolio in these two)....LINK, BAND, TRX, REN, LEND, ATOM, KAVA, SXP, COMP, ZIL, EOS, ADA, THETA (in decreasing order of % of alt crypto portfolio)

>>22647400

You can't take more than £10,000 on an aeroplane without declaring it. No easy way to flee the country if I keep my money in coins. I refuse to pay a penny in taxes to support a tyrannical government.

>>22647481

P. S. As I say, Britannias are CGT-free; but I'm imagining a situation where they either try to confiscate them, like 1966, or arbitrarily change the rules about taxation.

>>22647481
That figure is face value not gold value so if you have a 1oz gold eagle you declare $50 = 200 ounces of gold max you should be fine

>>22647624

If junior silver mining stocks do what I think they're going to do, I'm going to be buying more than 200 ounces.

>>22646992
Bump

>>22645619
I'm sort of a Numismatist, but I have trouble paying much over spot for coins containing Silver. I'm fine with paying $10 for a penny I need for my album, but I have trouble paying that amount for a Silver dime no matter how good the condition or how low the mintage. I suppose the one exception to this is that I have no problem paying multiples of spot for commemorative half dollars.

>>22645619
yes i like colecting coins

>>22647624
They stoped counting the face value. Its the amount of gold that counts

>>22647697
God i hope so, you could bring along your FWTDHW's for extra numbers

>>22646432

>omg he is from plebbit

>>22646566
glorious stack fren


also how likely is it that gov is watching these threads?

>>22647624
Good way to loose your gold to some loser tsa agent.

>>22643069
This oldbanker poster on CEO.CA seems to mention Silver Spruce and Colibri Resource in conjunction when discussing his favorite explorers. I greatly appreciate your thoughts on Silver Spruce, do you have any opinions on Colibri?

is 10 ounces of silver enough to make it?

>>22645619
Yeah duh, however ancient Greek coins have been my numismatic focus for the late 5 years. Love em all though so keep collecting that good old stuff m8 it really classes up a stack.

fucking useless niggers

>>22647824

I'm not sure, I haven't looked into Colibri yet. It's so obscure that oldbanker is pretty much the only poster in the ceo.ca chat, just like Silver Spruce. But Silver Spruce seems to be the stock that he's most enthusiastic about. He has been waiting patiently for years, and even now just keeps buying and buying. The stock soared the other day to some absurd price like 0.13 CAD a share, and he didn't sell a single share. I believe he's an experienced investor in his 80s, and what he said about East Asia Minerals makes me trust his judgement. He must know that something that we don't. I simply wish I could get confirmation about Pino and those 120 million ounces. It seems like a legend or a myth that people keep telling, yet nobody seems to be able to verify anything for certain.

>>22647786
i would expect there's at least a small team from each security agency assigned to monitoring 4chins in some way even if its not browsing 24/7 they're prob at least reviewing certain threads or posts, based on alerts created by trigger words or phrases

probably they have sophisticated software routines built just for the purpose, some kind of webcrawler sniffer

>>22647958
what agency so u think is on pmg? i bet the ones who do T,,,,,A><"?(X)<<<<E>:"""S

>>22648031
lol i heard the eye arrr ess has their own police force. i bet theyre spooky door kickers

>>22646566
Based Swiss gold, nice.

I'm pretty sure that the Swiss Franc is the 2nd longest running currency behind the dollar, with the coins from the mid 1850s onwards all still being legal tender. Canada might be 3rd oldest currency which ain't bad.

>>22647481
Book couple of flights, or drive through channel, they never check boot, heck, last year I've showed the wrong passport (expired) and noone bated an eye. Absolutely useless.

>>22647761
https://fincen.gov/sites/default/files/shared/fin105_cmir.pdf

FinCEN form 105 is the applicable document here (for burgers) which still manages to be pretty vague, see "monetary instruments" at the bottom..
Either way its a pretty dumb idea to try and travel with a large amount of metals

>>22645619
Silver dollars are BASED

>>22645619
Recently I’ve been getting into silver dollars and plain old shillings as well.

>>22645619

>>22647957
Just put in for a very small position on Silver Spruce. Will be doing the same for a few other speculative microcaps. No guts, no glory, I guess.

>>22648547
is that quater 80 or 50 percent?

If you're not listening to Maneco64 on youtube you need to start. He's a go to resource for real info.

https://www.youtube.com/watch?v=OWqUz2N1UpA

Some establishment kike at the financial times published another FUD piece on silver. If you bought at the last time he published a FUD piece you would have perfectly timed the run up to almost $30.

~82oz of silver and ~1oz of gold. hoping to hit triple digit silver by end of october

>>22648885
Pretty sure it’s 80.

>>22648980
niche stack beo,how much silver is in the reichmark?

>>22649050
is there a way to test the coins cuz online ive looked and there is so far no way to tell witch ones are 50 and 80,if u know can u help an anonn out?

>>22648885
That's a 67 quarter so 80%, the dimes were 50% and i think the nickels were 50% too

>>22649058
They have 0.16 oz, it's more collectability than the silver content, imagine trying to use them as currency jej.

>>22648980
Are you me? We have coincidentally similar amounts

>81.8 oz silver
>0.94 oz gold

>>22649080
Here's a quick guide
https://www.ngccoin.com/price-guide/coin-melt-values.aspx?MeltCategoryID=4&BaseMetal=World-Silver-Coin

>>22649081
reeally ive been loking online and it said that the centenial coins were made in 80 and 50 versions

>>22649080
For US and British coins just checking the year (~1964, ~1920, ~1947) and doing a ping test is good enough I think. I know Canadian and European coins can be a bit more complicated in terms of silver content depending on the year, but anyway, I don’t know. Maybe someone else here can tell you about Canadian stuff.

>>22649112
>https://www.ngccoin.com/price-guide/coin-melt-values.aspx?MeltCategoryID=4&BaseMetal=World-Silver-Coin
thanks for the link

>>22648460
I see you have a South African Tricentennial Crown. Very nice, one of the best designed commemorative Crowns, you can get them pretty close to spot, too.

>>22649081
The Nickels for 67 were 99% pure Nickel. They're worth a lot more than face if you come across any in circulation in Canada.

>>22649088
What about the 5 reichsmark?

>>22647478
I'd just dump everything besides btc, and eth. Crypto eco system is a neurotic ponzi pump and dump scheme. There is legit tech yeah, but it's not worth the mental attention tracking all of this shit that's only providing speculative value. Align for the PM play right now. This is a golden chance

>>22643826
You clearly can't read.

United States Dollar is the money of people of dark complexion.

>>22649503
there can be fair-skinned slaves too, buddy!!

>>22646566
I want a roll of BU walking liberty half dollars so bad.

>>22649503
its crack and ebt and you know it

>>22643826
children

>>22649593
wow that's deep!

>>22649195
boats reportin in

das boot

Gold and silver is great and all, but you guys are remembering to stack deenz as well, right?

>>22649804
>honey
>sardines
>pistachios
>metals

>>22642646
based anon keeping tradition alive
fuck the triggered anons

>>22649089
post stack and lets find out

You're all about to see some serious shit play out this week.

>>22642402
Only crypto for weebs is fucking $WAIF. Wish it wasn't so cheap but about to pump with other gains to get the super sale.

>>22650044
Hmm good to know. Now get out.

O' Canada!
a spot of tea in honour of our Leaf frens

>>22649804
that many sardines could run mom corp robots for years!

>>22650044
>Trading multiple waifus

>>22649849
I’m up here >>22648435

>>22649804
are they better in water or olive oil?

>>22649088
>imagine trying to use them as currency
how has no one checked this?based get

>>22648460
>>22649195
You should check out the Walking Liberty half dollar. I'm well aware it took inspiration from France's The Sower on the Francs of the time, but it's another case of the US importing and improving things.

>>22649225
All leaf nickels up to 1981 were pure nickel. The non-magnetic ones are the same content as American ones. After that, magnetic ones are plated steel.

>>22649844
checked also that dime looks so good

The lack of Prepping the BHLL in this bread is concerning.

Thank me later frens

>>22650559
what do you know?

>>22650559
How do I know you’re not just another Kroger shill. He said all the same shit you’re saying.

>>22650655
in the third month of the year of the cat;
the tiger will will devour the goat;
a suckling beak will rise to power from the east;

My recent haul

>>22644963
For Kinesis to offer free storage, it must either generate enough fees from trading or it must lend out the precious metals. I seriously doubt that it generates the money it needs to cover the costs of free storage through trading fees since it becomes likely that no one would pay that kind of premium. It costs about 0.1% to 1% per year to store PMs. If bullion owners buy once and then store the bullion for a decade or more, Kinesis would lose money.

Far more likely is that the PMs are lent out, which exposes investors to risk of default. The PMs are lent out and the bullion bank (I'm not 100% certain Kinesis does what I'm explaining so I'll refer to the entity holding the PMs on behalf of investors as a bullion bank) gets paid interest. However, if the borrowers of the PMs are unable to return the PMs, the investors are screwed unless the bullion bank makes the investors whole. Being that a bullion bank makes money by lending out PMs in its possession (but not its ownership), the bullion bank will want to lend out practically all of the PMs under its stewardship. If a PM borrower goes bust and cannot return the bullion, does the bullion bank have the capital to replace the lent out bullion?

Throughout history, the answer has been a resounding "NO" which is why allocated bullion storage exists. In the case of a PM borrower default, the investor loses big-time and the bullion bank goes bust, too, although it loses far less.

if i get 10 oz will i be able to make it?

>>22649080
Numista, search for coins on there. If you have a digital scale the 50% centennial quarters weigh like 5 grams and the 80% weigh like 5.7 grams. Ping test too.

>>22651020
>If you have a digital scale the 50% centennial quarters weigh like 5 grams and the 80% weigh like 5.7 grams
thank you so much anon

>>22650989
10 oz of silver? No. With 10 oz of gold, you won't starve but you won't exactly be well-off, either.

>>22651118
how much silver is it to make it?

>>22649766
>>22649792
I see you have both the 1892 and 1893 versions, nice.

>>22651156
350? My sense of "making it" is based on what prices were for things in 1933 ($35/oz gold) or pre-1933 ($20.67/oz gold). A solid middle class wage back then was about $1,000/year with a pretty good salary being $2,000/year. Prior to 1933, that meant that the solid middle class wage was 50 double eagles per year, approxmiately 50 troy ounces. 50 double eagles would be 1,000 silver dollars.

A person could retire very comfortably with $100,000 back then (5,000 double eagles which would be about $10MM today) and earn 5% buying US government bonds.

I wish they'd have made a 1 oz version of this
also $20 for 1/4 oz was a ripoff (esp when an ounce was $20), but whatev

>>22642402
how did she escape the jar?

>>22651961
underrated

Just ordered 2 10 oz scottsdale stackers. Hopefully I'll see them in a few weeks.

>>22644963
>>22644940
This is just the story of the goldsmith all over again. That gold is being lent out for profit. Nobody loses until the music stops, but when it does, a lot of people lose everything.
We are all doomed to repeat history because noone learns from it

Anyone have a guide on gov minted round capsule sizes?

>>22651521
That coin was made for the RCM's poorly designed 20 for 20 program. The coin had a legal tender value of $20 CAD and was sold for face value. The goal was to get people to buy more RCM products, but the program was started at about the same time as Silver prices peaked (when $20 CAD wasn't too outrageous for 1/4 ozt. coin) so as the prices began going down people who had bought the coins began spending them. The banks in Canada refused to accept them for face value so the Mint stepped in and said they'd buy the coins back at face value, which caused them to lose a ton of money that year. Ever since this incident all the other bullion coins issued by the RCM are considered "legal tender that cannot be spent".

Heads up to stackers...

Thoughts on being the local & regional silver war lords or whatever...

How will you manage manual laborers given your status will be significantly higher if you are situated within a group of like minded men and resources have been prepared in a county to county tribal like situation?

Are you going to try and avoid your stack being known? If yes than why are you stacking to begin with? One whiff of you having silver and the mobs may come for you....

How will you boost your allies?
How many of your allies are Christpilled?

I think people will power grab quickly, but eventually form into an almost red state police heiercy scenario.

Blue state side will be full on proxy mob leaders funded by their senetors or congressman.

Thoughts?

>>22652502
Are you srys? Why are you even in America?

>>22652237
>few weeks

>>22652561
>Literally a month for my Scottsdale

>>22652460
what a weird story
imagine canada, of all countries, going back to circulating silver coinage

>>22652502
>How will you boost your allies?
already got a click. 14Trey for life. by this point you should already have your gang ready for the collapse, you're behind.
>How many of your allies are Christpilled?
ALL OF THEM do not hang with retards, they will guaranteed fuck you over.

>>22649835
Good, Good.
>>22650122
>that many sardines could run mom corp robots for years!
U kno it bby
>>22650223
If you want just the taste of deenz, then water. If you dont mind the taste of olive as well, then oil. Same applies to canned tuna.

>>22652515
>Are you srys?
America is pretty much where White Russia vs the Reds was leading up to in many ways, the fall of the Western Roman Empire, and actually the Mexican Civil War or Spanish Civil war of this past century.

Not sure what to tell you anon.
Everywhere ther is war.
Fatima foretold the world being thrown into communism if Our Lady of Fatima's requesr wasn't fulfilled.
You think Amerifa looks bad or isolated in this strife, but its not and it won't be.
Every country is on the platter for commuinsm at this point.
>>22653152
Good points.

>>22653336
>Spanish Civil war of this past century.
I'd super encourage you to watch this video. We are dangerously close to open warfare in the US. I'm from Seattle and I literally watched red anarchists and communists marching around the streets. This documentary is very interesting.
https://www.bitchute.com/video/AksvbxIvo2A3/

>>22650788
looks nice anon!

>>22652460
>legal tender that cannot be spent

>>22653336
It's really easy to say 'it's just politics,' or 'it's just the democrats,' and thus diminishing the impact of/on reality... making reality just a fiction - 'it's not real.' You've at least perceived it is real and a real threat. As for everywhere being the same, this is not true. This is like saying all people are the same... all land is the same et. al. It's patently false. We are witnessing the death of socialism... and this is the socialism of the West. The former communist countries know communism doesn't work and they aren't going back to it. The trend is in place. The West modified itself due to the perceived threat of communism but instead they themselves became some sort of mutant communist. When you are in the middle of it you can't see it.

https://www.youtube.com/watch?v=hn1VxaMEjRU

>>22653500
>dangerously close to open warfare in the US
Look, I appreciate that I'm not a burger (so the rest of this post is an equivalent to the vice versa of 'lemme tell you who is and is not white'), but given the fact that you fuckers have invaded my newsfeed for the last few years, I can pretty safely assess that you're nowhere close to open conflict. You get open conflict when the military or primary/industrial secondary sector workers are pissed off; not soi-skeletor and fiona-the-diversity-ogre whining that Tyreece got 6 months for killing whitey (po-leece brutalitea!!!)
Add to that burgerland's ''special'' relationship with the military industrial complex and any 'attempt' would be quashed with such force that people in China would be able to hear the pimple be popped. Unironically, I say with absolute certainty that Killdozer was more of a genuine national threat of burger secession than what you're dealing with now.

>>22642467
Fuck you

>>22654599
You are obviously missing what is not on the "international news". The CHAZ killings went completely unreported. The Kyle Rittenhouse case is quickly forgotten, two police officers shot in the face in the last few day. Plus all the minor race related cases that have happened in my city alone. This is a Spanish Civil war type situation, it may take months or even years to get to a point where actual armies are battling, but the sides have already been drawn, and both sides have already taken causalities. If you looked back at World War II, when the Beer Hall Putsch happened it was a minor event in a boring city in Germany, no one took notice. In 10 years things had changed. We will look back at what is happening now and realize all the signs were there.

>>22647478
consolidate into link and band for oracle meme but be aware that band is mostly vapor. Also stack silver

>>22645619

>>22653500
>We just wanted to play video games and you didn't listen.

https://www.smithsonianmag.com/smart-news/heres-what-happened-people-who-were-executed-having-molten-gold-poured-down-their-throat-180951695/

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1769869/

When do people become horrified this is why we stack?

Important question bros
How much fiat do you guys hold? Currently I'm at just 3% of my net worth in cash. I imagine in the months/years leading up to as well as the first months after the collapse many people will still only accept mememoney, which might even be good for us.

Tl;dr: do you keep cash in your bugout bag and if so how much?

>>22654768
is that the one oz Perth dragon?

>>22654671
This is our black swan, huh?

>>22654908
I keep about 3,000 in my bug out bag. pic related. I'd advise keeping about 3x what average rent is in your area in your bug out bag. some retard national guardsman/local cop will easily take a bribe if it's 3x what his dumbass pays in rent.

>>22654627
your mother is now dead

>>22654908
>t. IRS agent watching this thread

>>22654908
>How much fiat do you guys hold? Currently I'm at just 3% of my net worth in cash
Rookie numbers

>>22654937
yes perth mint 2020 just got it not long ago

>>22655092
based

>>22655154
nice, me too, arrived last week
the betty side is beautiful as well

Any love for a non-schizo thai gold stacklet? Plan to add more each month until I have about $10k worth as a hedge

>>22654908
I keep my savings in silver and dildos also made of silver, Officer
>>22655166
checked and based. Absolutely it's my only rectangular piece too

>>22650844
They charge 0.22% on every transaction. It's all on block chain so you can look up the fees they generate, schizo. For this month alone, they generated 6.5 kilos of gold of trading fees on 148 kilos of gold and 5000 oz of silver on 370k oz of silver. Their gold system will create huge fees because of the incentive structure for turnover they created, as well as hft bots exploiting any spread that exists between them and say billion vault.

>>>22654810
lmaoing

>>22655293
Better off saving up to purchase larger amounts and not get ass raped on fractional premiums

>>22655454
>Even 1oz of 999.9 will be more than 99% of the population so in an economic collapse he would instantly become part of the 1%

>I would say a good starter pack is get 5-10oz of a gold and 10-15kg of silver
Has to be fake

>>22655505
I actually just checked and I paid $62.64/g out the door, which seems ok? Gold is pretty liquid here, gold shops every other block.

>>22655293
>>22655505

Sovereigns and us $5 coins regularly sell for like a 3% premium vs comex. Not worth risking the price rising to save 0.7%. Plus if gold actually moons you can liquidate smaller amounts.

>>22655621
Forgot sovereigns existed desu. I just know other pieces in small amounts, particularly when you’re talking grams, premium jumps with it. Even shit like 1/10 AGE’s can go for like 230-260 a piece on average

>>22655595
That sounds incredible actually, great fucking job scoring that Thai bro. Whereabouts do you live, may need to hit up your local stores for myself

>>22655688
Bought these in Phuket, but just from a big gold store chain in the mall, I believe pricing is the same all over the country.

Thai people love gold, have been using it like a bank account for centuries.

>>22655786
You guys and the Turks
Seems like another to add to my places to visit bucket list

>>22655688
For some reason the premium on .1867 oz and 1/4 oz is non-existent compared to 1/10. I'm talking about that and up. The premium isn't really there. If you need to buy 1/10 at a time God help you. Just buy sprott etfs at that point

>>22655868
Makes no sense to me man, when you look at the numbers on shit like findbullionprices, there’s a clear gap between them

Im really pleased with the quality of this round, beautifully struck

>>22655932
Reverse side?
Who makes this exactly? Looks great

>>22655809
It's a pretty amazing place. Not thai though, just hiding here from the dumpster fire that is the US right now.

>>22655688
I know the feel man, I paid 220+/- us for my 1/10 maples, I really think it's necessary to own some fractional tbqh

looking into some combibars as well

I feel like im too late to the party and wont find a good mining stock to invest in. It seems like everyone is making a fortune except me.

>>22655956
>just hiding here from the dumpster fire that is the US right now
Kek, in that case is there room for one more? I live in SoCal and it’s getting heated up here, in a couple different ways now. Took pic related the other day, was just a little into the afternoon, maybe 2-3pm?

>>22655979
Combo bars look dope but lord have mercy on the people who buy em, I’ve never seen them at a rational price

>>22655988
You’re not at all too late. In fact, you’re still early. Read the archived PMG threads and decide what level of risk you’re willing to undertake for returns. SIL and SILF are silver mining ETF’s, with the former being the large “blue chip” mining companies and the latter are the medium-sized companies. DYOR for the inidividual equities, but there are 2-3 posters, one of them being Pan Man, who are legit, and are recommending some good companies to invest in. You are not too late, but start reading now

>>22656016
If you'll submit to a 2 week forced quarantine that'll cost at least $2k because they make your use their buddies hotel. I was lucky and here already when covid hit

>>22655988

Don't worry, we're still at rock-bottom. Nobody gives a damn about mining stocks yet, especially the juniors. Companies like Newmont or First Majestic have market caps in the billions, and even those are vastly underappreciated (see my picture); but the best junior silver miners are still under 500 million in market cap.

Gave some numbers here: >>22642889

Impact Silver: 150 million
Dolly Varden: 100 million
CCW: 60 million
Bayhorse Silver: 20 million
Klondike Silver: 12 million

Compare this with:

Barrick Gold: 50 billion
Newmont: 70 billion
Tesla (which is simply useless vapourware): 400 billion

To give a hint of the value of these stocks:

Impact Silver has a property almost thrice as large as the country of Liechtenstein, and is the second-oldest silver property in Mexico, with thousands of abandoned silver mines lying around going back to the time of Cortez; company has no debt, an excellent silver-bull CEO, has produced silver for ten years, and has lasted fourteen years in both bull and bear markets.

Bayhorse Silver owns a real producing silver mine in a safe jurisdiction, is processing 400 already-mined tons of tonnage as we speak in its ore-sorter, has enormous exploration-potential both at the Bayhorse mine and at its two other properties, Brandywine (which has visible gold) and Harrison. Has a CEO who answers e-mails and phone calls personally, looks after his shareholders, owns a large stake in the company; several highly-respected geos working on the project.

The average silver penny stock went up 160x during the sixties, when silver doubled. If silver goes to $100, $200, or even $600 (inflation-adjusted 1980 ATH), what do you think these junior miners are going to do? They remain the trade of the century.

>>22656098
Shit, think they’ll accept pm’s? Kek
There for business or pleasure?

>>22656111
both, I'm a 'digital nomad' even that term is basically a meme now.

>COMEX wins yet again
What's the fucking point if all the Bankers and Governments in the World are supporting them?

>>22656205
Oh my, how adventurous
Curious, how does one living a nomadic lifestyle store/carry pm’s when they move around countries? I can’t imagine you’re buying a house every place you go to

>>22656100
It is baffling to me that smart investors, people who study this stuff both for a living and for personal interest, and major brokerage institutions, are not pumping these mining equities yet. Can people really not see the writing on the wall? Do they have more faith than we do that the US economy can keep running on fumes for more than a couple years? The more I research and listen to the opinions of experts, the more shocked I am that other people are not seeing what’s around the corner.

>>22656248
Those two bars are the first of what will become a small stack. If I was full schizo it would become a problem certainly. More of a crypto guy, but after seeing enough of these threads decided to get a bit of physical 'in case'

>>22656279

"The way of the successful investor is normally to do nothing -- not until you see money lying there, somewhere over in the corner, and all that is left for you to do is go over and pick it up." -- Jim Rogers

>>22656227
What is the problem goy?

>>22656473
I know your stance on silver, and to a lesser extent gold, but are you bullish on other metals or commodities for the next 5-10 years?

>>22656600

Yes, that's what Michael Oliver says. 10-year-long commodity bull market which is just beginning to break out now.

https://www.youtube.com/watch?v=AbYC2b2FTas&ab_channel=PalisadeRadio

He has more credibility than any other analyst, not only because of his venerable background, but because he accurately predicted the 2008 PM bull market; the 2012 PM crash; the 2016 bottom in gold; and the $30 silver breakout.

I stick to silver simply because I don't believe that any other commodity will outperform it. So I don't feel a need to diversify, because diversification would only yield me a lesser result. The only exceptions are some zinc-silver stocks I own, like Fireweed Zinc and Tinka Resources.

>>22645058
why not silver britannias?

>>22657011

Depends on whether you think it's worth paying a 20% VAT tax in exchange for eschewing CGT. And further to that, whether you have plans to flee the U. K. if this lockdown tyranny continues, or the government tries to steal our metal. It would be very difficult to escape the country with thousands or tens of thousands of silver coins in your possession. We banned gold coins in 1966, and America banned silver the year after they did gold (1934). It's simply a personal decision of mine to keep as much of what I own offshore as possible; I don't want to risk giving a single penny to a tyranny which is oppressing the English people.

>>22656685
Don Durrett is forecasting another (hard) correction in gold prices, and thus presumably silver prices, before year-end. Do you agree with this, and would it present a great buying opportunity for miners?

anyone collect Japanese silver? I've been eying off this one yen 90% silver from the Meiji era (1867-1912) weighs about 26.96 grams

>>22657127

maneco64 and others think that silver is about to break out, so you have people on both sides. I'm not sure that Don Durrett knows fully about, or believes in, the COMEX manipulation, so he might be blinded by technical analysis. Nobody can accurately predict what is going to happen in this market. If we wake up tomorrow and hear that the COMEX has defaulted, or the banks have collapsed, anything is possible.

>>22657169
Here's the obverse

>>22657083
Is there any silver in the UK that's VAT and CGT free? at the moment I am buying from europe to avoid tax but obviously that will all end this year

>>22657223

Unfortunately, I don't think so. It's a trade, VAT-free or CGT-free. If you think that silver is going to $100-$600, and you're not worried about confiscation, obviously CGT-free is better; but, as I want to be able to flee the U. K. if necessary, and cash out in a country which respects liberty, I simply buy my silver in overseas vaults. I expect to make 95% of my money in mining stocks anyway; physical is simply insurance.

>>22656279
At this point I assume people are just willing to believe that the USA will always be as credit worthy as it has been for past decades. One look at USA's debt to GDP ratio now compared to what it has been before should be enough to sway the rational investor on the fallacy of believing in US treasury bonds which have been regarded as the safest investment you could make for a long time. The ratio has been going up over the years and only went down a little during Bush's (if I remember correctly) presidency. Despite high debt and the unwillingness of the politicians in the US to take steps to reduce debt or make budget cuts, the interest rate is actually going DOWN rather than up, and therefore the treasury bonds are overvalued.

Every famous investor will recommend TIPS to some extent, Ray Dalio even talks about having over 60% of your portfolio in short term and long term securities! Such an investment is absurd for anybody who doubts USA's credit worthiness!

>>22657181
That's the thing about the COMEX default: will it be an international leading news story? Or just a minor footnote? I would imagine that a default is not something that "the powers that be" would want heavily advertised.

>>22657690

If Kirian van Hest and Robert Kientz are correct, the default has already happened, and there is no metal left. The only question is, when do people realize and when does the panic begin. It's when the wholesalers literally can't get 1000-ounce silver bars any more that the whole ponzi-scheme collapses. Things would unfold exactly as they did in the Palladium market a few years ago.

>>22657773
Checked. Can you describe the palladium market happenings? I'm unaware of that.

>>22657801

David Morgan gives a brief summary here:

https://youtu.be/ak3t7nrtoSQ?t=1064

>>22657773
What happened in the Palladium market? Seems to me they continued to go up, with some periodic corrections.

>>22642402
do i qualify as a weeb stacker too anons ?

>>22657832
On a side note, David Morgan in this video says silver will go $100. That is roughly a 3x of its current price. You have posted that, when the silver price doubled in the 1960's, the average silver mining penny stock increased by 150x. So are we realistically looking at 150x gains for the (well-run, verified deposits) small cap juniors as a floor, with potential between 200-300x? It seems the history of previous PM bull markets is pretty illustrative in projecting what may happen for this current bull market as a baseline.

>>22648031
>>22648058
i respond to you without knowing what you are talking about.

>>22658063
Im going to invest 6k between Bayhorse, Fireweed zinc and Firefox gold as a high risk: high reward play. Thoughts?

>>22658063

Yes; I've said that, if the mines don't get nationalized, the gains could be anywhere between 150x and 1000x or more. $50 silver will be more than double what it was in Feb., and I think that that's when you'll start to see some of these mining stocks run towards that 150x figure from their lows. Then $100 silver will be 300x. As you get towards $600 silver, the numbers start to beggar belief and run into the absurd. The bond market is even bigger than the stock market, and, when that collapses, imagine people running to silver as one of the few safe havens remaining. Bond market = $100 trillion, and annual investable silver supply = something like $2.5 billion. You're talking gains in the hundreds, in the thousands for mining stocks. I really don't have the slightest clue how far this will go, all I do know is that it is going to be the trade of the century.

>>22658063

Yes; I've said that, if the mines don't get nationalized, the gains in small-cap silver juniors could be anywhere between 150x and 1000x or more. $50 silver will be more than double what it was in Feb., and I think that that's when you'll start to see some of these mining stocks run towards that 150x figure from their lows. Then $100 silver will be 300x. As you get towards $600 silver, the numbers start to beggar belief and run into the absurd. The bond market is even bigger than the stock market, and, when that collapses, imagine people running to silver as one of the few safe havens remaining. Bond market = $100 trillion, and annual investable silver supply = something like $2.5 billion. You're talking gains in the hundreds for silver, in the thousands for mining stocks. I really don't have the slightest clue how far this will go, all I do know is that it is going to be the trade of the century.

>>22658169

I don't know anything about Firefox Gold, but Bayhorse and Fireweed Zinc are two of my core positions. (Impact Silver is another.)

>>22657169

Not an expert but the patina and surfaces are a bit suspicious, somewhat reminiscent of the plentiful Chinese fakes of various world Crown size coins. I don't know what is normal for the issue but the strange raised lines on the rim/edge on the reverse are suspicious too.

I'm definitely not FUDing collecting coins I love them, but unfortunately the Chinese have poisoned the well making it more dangerous now to collect pieces like this unless you know the series well. Been burned as a younger collector by Chinese fakes, it ain't fun so just make sure everything checks out and don't let an apparent good deal cloud your judgement.

>>22657127
If stock markets crashes, so will gold and gold equities. That might be the last fire sales for this bull market, if you believe in such things

>>22658356
it's a good point to make and as a beginner I don't have the expertise and experience to know what's real.. why do the Chinese ruin everything :(

>>22658314
>The bond market is even bigger than the stock market, and, when that collapses, imagine people running to silver as one of the few safe havens remaining. Bond market = $100 trillion, and annual investable silver supply = something like $2.5 billion.

The bond market imploding is an important, often overlooked factor at play here though I doubt most money will flow to PMs and miners. A great deal certainly, but I've been noticing strange bubbles in the antique/collectible realm, and evidently rare special plants (I guess bonsais, rare orchids?) are seeing 200-300% increases in price too. People are parking money in whatever is familiar and of value to them personally so it won't necessarily be an easy shift to dig everyone out of their comfort zones and get the mainstream on board the PM train. Also, obviously all the money lost on their imploding tulip collection valuations can't then be pumped into our stacks and miners.

I'd love to retire off the stocks and silver dragonstack but the world is an irrational place so make sure you have everything else in life covered and can afford to wait as long as it takes to really pay off. This will probably be a damn long slog, the globalist elites evidently want to subject the whole world to food supply chain disruptions and shortages for the next decade (control over food means control over populations, agenda 2030) which I suspect will double as a ploy to squeeze bullion out of the hands of us plebs in exchange for shit GMO Onions, so make sure you're able to hold tight. I'm growing my own potatoes, not trading silver for them ya know? For me, being resilient and self sufficient is just as important as having a stack.

Not trying to be a

>Hurr durr get guns and deenz fgt imma raid u

retard but it does seem like world circumstances are conspiring to put the squeeze to us all. Please frens make sure you can withstand it and actually get to see the other side of this crap with an intact stack and portfolio.

>>22659087
>I've been noticing strange bubbles in the antique/collectible realm
This brings up something I've been wondering about lately. I have roughly $1.5K of MTG cards at current valuation which I am thinking of turning into more silver. For the past two decades, I've been content to sit on them because of the whole investment meme, but now I'm wondering what the limit of their value really is. For instance, if we find ourselves in a world where metals have to be used to buy groceries and a total cultural collapse unfolds, is anyone going to give a shit about children's card game relics? I'm starting to think that there is a definite expiration date on certain types of cultural collectibles.

>>22658538
>why do the Chinese ruin everything

A dogshit culture for starters.

I'd suggest looking for a Japanese 50 sen (1/2 yen) silver dragon, they are more common, affordable and not known to be commonly faked like the yens. Same design so awesome coins and holding and studying one should help with selecting a genuine big boy later on.

>>22657218
dont for the ebin SiLbeR sHiElD

>>22659218
>I have roughly $1.5K of MTG cards at current valuation which I am thinking of turning into more silver. For the past two decades, I've been content to sit on them because of the whole investment meme, but now I'm wondering what the limit of their value really is.

MTG was one of the specific collectibles in mind, I used to collect and deal back when my playsets of underground seas were worth less than 100 total, and my brother still wheels and deals so has been keeping me updated. Definitely looks like a good time to sell, the power creep seems to basically be the CCG version of an inflationary death spiral so I'd honestly cash out, though who knows how much higher the irrationality may drive prices for now?

>>22642646
based

>>22659338
Imagine if they 10x in price (inflation adjusted) in 50 years

How many toz's in a piece of silver that judas would have received for the killing of our Lord and savior Jesus Christ?

>>22659338
I'd definitely get out of mtg, since they got bought, it's been nothing but bad decisions. Destroying modern format with insane powercreep, destroying color pie with
>green does everything
Rosewater is as up his own ass than ever before

>>22659945
Someone's mad their altcoin is dumping, aren't they?

>>22657169
Scales are wrong. Chinks are no good at intricate details

>>22659945
Probably a stinky linky ATH buyer or a fairytal unicorn loser

>>22659992
I don't think anyone here really buys those, anon
I have it on good authority that it's all just bunch of filipino LARPers working for miningfarms desu

>>22659467
>Imagine if they 10x in price (inflation adjusted) in 50 years

I just don't see it happening. As other anon said it's a "cultural collectible" and like Roy Rogers lunchboxes, Shirley Temple paraphernalia or beanie babies they do indeed have a generational expiration date. In the mid 90s I remember WW1 militaria enjoying a healthy market, but the veterans are all dead and most of their children now too so prices for lots of stuff plummeted as estates/collections got liquidated. Seen it in many realms over the years and have been buying/selling on eBay since '98 so really have developed a broad sense for stuff like this.

I personally now only collect bullion, old/ancient coins and I have a pretty awesome collection of rare Neolithic, Bronze Age and Classical antiquities (mostly weaponry). Antiquities are based as hell and of global interest to sophisticated individuals, and those deep pockets will never give a flying fug about cardboard nerd candy so position accordingly.

>>22659585
Would destroying modern even have a negative impact on the value of older cards though? If the retards running the "living" game finally manage to kill it, the result seems like it would be that the community fucks off to play old formats which would drive the value of older cards higher even if it kills the market for opening and selling newer set boxes.

Basically, I'm not sure even the worst decisions possible could tarnish the value of power 9. Even if they decided to try to reprint exact duplicates of the originals to dilute the stock, I doubt they're capable of reverse engineering at this point. The nu-9s would curl up on themselves within months like the rest of the trash they produce nowadays.

>>22659467
Imagine if in 50 years most people don't even know what MTG is and the cards are worth only the thermal energy they release when combusted. That's the sort of future I'm wondering about. Silver will always be money, but collectibles are not guaranteed to outlive the cultures which created them. I guess we can look at examples of ancient relics which are currently given collectible value as a comparison, but I just can't see people a thousand years from now swapping silver coins for the latest find of a black lotus pulled from the ruins of the old world. Even then, that wouldn't be benefiting me in this lifetime and I don't really plan on trying to set up material boons for future incarnations.

>>22659338
I would have cashed out a few weeks ago if there was an easy way to do it. I have a feeling that getting rid of this mox diamond is going to be a hassle of social interaction if I don't want to get low-balled.

>>22659087
>the world is an irrational place so make sure you have everything else in life covered and can afford to wait as long as it takes to really pay off.
We agree on everything, the one thing I am not understanding is the manufactured food shortages, I know it is because they are trying to degrade the quality of our food once again but it is not a real food shortage, it is manufactured. But what do they have to gain? I am also a /k/ommando, and we know that the average person is not going to give a fuck about anything like this UNLESS they are hungry.
My biggest fear is everything goes back to "normal" with masks and some other restrictions, (new normal fuck I hate this term). I fully believe in silver and removing the illusion but the average person does not care about stock markets or silver or each other, but IF people start to go hungry, then shit is going to pop off.

>>22660097
Better pull your head out of your ass and take a look around friend! Shit is becoming more and more scarce at a rapidly accelerating rate, and it's not just silver.

>>22657312
Yeah I thought as much. I've been trying to think of how to get a couple of monster boxes back from Estonia every year. Maybe sailing from Tallinn

>>22660087
I do, but also buy lots of silver to hedge everything :)
If the economy shits the bed at least silver and bullets won't betray me.

>>22660140
>Shit is becoming more and more scarce
This is more true than the average person wants to admit as well. I ordered a greenhouse this year in feb/march, was suppose to take 3 weeks, it fucking showed up in august. I have been waiting 4+ months for my heated chicken foundry. But if what you want is just materialistic crap , you can likely still get a hold of it. But the whole chink supply line is faltering, which is a good thing, but most people do not realize how reliant we are on chink goods and are starting to find out. I am even surprised myself because I check where everything I buy now is made and it disgusts me that we cannot make some of this shit in our own country. I would gladly pay 2x as much for something that will last 2x as long as chink goods

What other metals besides silver are being used in large scale existing and emerging technologies?

>>22660278
uranium lad, uranium
also gold will buy you a seat with the jews, so don't forget to stack at least some of that

>>22660278
REEs

>>22660140
>Better pull your head out of your ass and take a look around friend!

I have been, for a good 25 years now with 10s of thousands of transactions under my belt. I know what the good rare stuff is, and also know what the garbage contrived collectibles that'll never last are too. Sounds like you're just a butthurt 'tard overexposed to stupid trash, ngmi sorry.

Are you capable of elaborating with something remotely substantial, or are you too busy crying into your dumbass Pokemon card collection right now?

>>22660342
wtf pikachu won't make me millions of ounces?

>>22660278
Not platinum

gold price predicitions for money? I've seen a good deal on 2012 sovereigns can't decide whether to pull the trigger now while the price is locked in or wait to see what happens

>>22660410
2300 EOY, 12000 in 2029

>>22660319

Has anyone looked into this uranium connection with Silver Spruce Resources yet, this is what I could find

http://www.silverspruceresources.com/s/NewsReleases.asp?ReportID=540974&_Type=News&_Title=Silver-Spruce-Resources-Acquires-Labrador-Uranium-Property

>>22660410
and tomorrow?

>>22660410
forget about gold price day by day, the shortest time frame you should care about is week by week and even that is autistic with the little buying you can do. that said its time to buy now.

>>22659467
doubt.jpg

My pogs went from normal value, to high value, to no value.

Things with not historic significance have an expiration date on their collect ability (IE most collectors are nostalgic people who had them when they were kids)

If I was anon and had 1500+ worth of cardboard id sell it now and put that into something else, PMs are a great idea

>>22660114
>but it is not a real food shortage, it is manufactured. But what do they have to gain?

Just look to the engineered Irish Potato Famine, where plenty of grain was grown in Ireland too but basically under English gunpoint it was all shipped out for export. More profits and fewer wiley Irish plebs to dominate, it made political consolidation rather easier just like the Holodomor, that other engineered famine in Ukraine in the 30s where somehow the bountiful breadbasket of eastern Europe starved while profit from it's agricultural products lined the coffers of Moscow.

I don't have good answers regarding the motivations at play now beyond general population control and dissent neutralization, but whatever unfolds it looks like we're in for an interesting ride.

>>22657127
People have been saying that for a while now, I personally was also hoping for a hard correction after august.

I have tried to take in as much data as I can, and thus have had to change my mind.

The fundamentals just wont allow for such a hard crash, much like the 2011 run up set a hard floor at 1400 gold, this run up has raised it, we could touch 1800 sure, but it will get bought up.

The money supply simply wont go away.. inflation wont go away.. corona could be cured over night and the economic fallout caused by the over reaction to it wont go away.

This thread’s still kicking? /pmg/ has been so dead lately. I’m thinking there’s going to be another dip to low 20’s over the next few months before the big run up, but it’s been holding steady above $26 for a while now so maybe not. I recently doubled my stack from 75 oz to 165 by ordering with bitcoin. I still have .3 btc left, but I want to wait and see if I can get a better price before spending the rest of if by dca’ing maybe starting in January.

>>22660962
honestly id post more but the amount of paper and stock discussion is a bit numbing

>>22660962
"better price" on physical can be tough, price could go down but premiums could go up, price could go up but premiums could drop.
The price swings are only really important for our mining stocks, our stacks don't care.

>>22645619
the price tag can be steep (esp for the coins you have displayed)
I'm a combo of bullion and numis, but mostly the former. My numis side just grabs designs I like, if I can afford them. I'm not after a complete set or collection of anything, or a even a single theme.

>>22660962
Personally I don't believe the price for physical will ever drop to low 20's again. The demand for physical is too great now and the only way to slow demand is to raise prices. Even if the "spot" price drops I don't think physical price will be affected by price swings down anymore. The bullion dealers will just raise premiums, and then when silver goes back up a couple bucks the premium will have risen along with it again

>>22655423
>Their gold system will create huge fees because of the incentive structure for turnover they created, as well as hft bots exploiting any spread that exists between them and say billion vault.

Turnover in allocated bullion accounts is typically extremely low. Traders, generally speaking, do not even care whether the bullion is there or not because they're looking to differences in pricing on a very short term. Thus, my concerns about Kinesis stand. I very seriously doubt a company such as them will be able to cover storage costs based on 0.22% transactions commissions alone over the long term.

As for the blockchain, is it a distributed blockchain where "mining" must be performed? That limits throughput on trading and would almost certainly make HFT bots impossible unless they're willing to risk transacting on non-existent specie.

All that said, I haven't read through any of Kinesis' web site so I could be wrong. I have a fair amount of PMs with BullionVault and their billing policies make far more sense from the perspective of running a viable business.

>>22657982
most likely
be proud of it anon

>>22661096
we need a good balance but the exact opposite was said a week ago or so

>>22661276
this, more people are going to start demanding physical delivery
try buying from miners/dealers at spot right now.

>>22661096
ehhhh paper and physical discussion are good, the thing is there is only so much discussion to be had about physical when there is basically zero news about it. Miners and such have had more news of late ergo more discussion

>>22642467
o heck

>>22651464
>Prior to 1933, that meant that the solid middle class wage was 50 double eagles per year, approxmiately 50 troy ounces. 50 double eagles would be 1,000 silver dollars.
im depressed now

>>22652502
>How many of your allies are Christpilled?
none you kike lover,all my homies are european

>>22654998
glorious stack fren

>>22654908
glow

>>22661896
Based and shamanismpilled

>>22661368

I mentioned in another post that BullionVault is extremely good at providing liquidity. Fees as cheap as Coinbase, and you can buy or sell instaneously, and get your money out on the same day. I think the only issue I take with them is that it's so hard to register segregated bullion. You can't register gold unless you have 400 ounces; silver bars are more within the reach of the average person at 700-1000 ounces, but even so, that's still about $20,000. The disadvantage of GoldMoney is that they are the only market-maker, as this person says; >>22646922 premiums are higher, and buying and selling is more slow and inefficient. But GoldMoney allows you to register kilo bars for both gold and silver, whereas BullionVault makes you rely almost 100% on the allocation principle, unless you are exceedingly wealthy. So both services have their respective advantages. I'd be curious to know how registering bullion and requesting delivery functions on Kinesis.

New thread
>>22662190

>>22644095
>made the screen cap
Basado

>>22649503
no, that would be debt

>>22648058
Wat is that? A scar.

How do you invest in uranium? Do you just invest in the mines, or are there actual uranium stackers?

My stacklet pictured for attention.