/biz/ - Business & Finance

Waiting for my email from JM saying my payment went through.
Still.

Rolling for monday charts
even = up
odd = down
dubs = crab
trips = moon mission

Redpill me on Silver Spruce Resources

>>22662520
>remember what they took from you

>>22662487
do your own research

>>22662520
Classy stacking, I collected the full 1904 silver Panama series (with amusingly tiny silver "Panama Pill") so I could stack it like this. It's good to enjoy your silver.

>>22662448
damn so close

>>2266248
There a junior explorer with two properties in Mexico and two in Canada. Their Mexican ground is within the Sierra Madre Occidental Volcanic Complex, a massive zone of volcanic alteration which hosts some of the largest gold silver mines in both the US and Mexico. Pretty interesting ground. They plan to drill several areas with exposed high value mineralization on the El Mezquite property, as its closest to infrastructure and another operating gold silver mine. The rest of their properties are very early stage exploration but serious exploration work has been carried out on all of them in previous decades. I will have to watch these guys to see if they find anything.

How am I doing boys. Started last month. Trying my best to convert my clown money from the jews so they can’t fractionally reserve loan my goy brothers into slavery.

>>22662815
based

>>22662487

Discovery Metals market cap = 700 million
Discovery Metals silver ounces = 1 billion

Silver Spruce market cap = 10 million
Silver Spruce (alleged) silver ounces = 120 million

They either have 120 million ounces of silver at Pino, and it's the best silver value-investment ever, or it's a scam and a fraud. Don't know which. On one hand, the management team is a ghost, and the CEO recently sold about $20,000 of shares. On the other hand, "oldbanker" on ceo.ca, aka "Silverrichman" on StockHouse, has been enthusiastically talking about the stock for years, and constantly adding to his position. He didn't sell a single share even when the price jumped to 0.13 CAD. He got it right on K92 Mining, East Asia Minerals, and many other stocks. I don't know anything about him other than that he's in his 70s or 80s and appears to know the management team. He says that news about Pino could come out any day now. But again, who knows if he's right.

>>22662190
A bit late on the reply but:
>>22660466
>Has anyone looked into this uranium connection with Silver Spruce Resources yet, this is what I could find
It's from 2012 and their website's news archive only extends to 2015 so I had to do some digging on globalnewswire.com

https://www.globenewswire.com/news-release/2012/08/28/1346901/0/en/Silver-Spruce-Reports-on-Central-Mineral-Belt-Labrador-Uranium-Holdings.html
They report on some promising drilling results in August 28 2012

https://www.globenewswire.com/news-release/2012/11/15/1391779/0/en/Silver-Spruce-Provides-Update-on-Recent-Developments.html
They state tat they'll hold off on exploring until uranium rebounds at the end of 2012. The price of uranium would continue to fall from its price of about 45 dollars at the time, to under 20 dollars in its ATL in December 2016

https://www.globenewswire.com/news-release/2017/04/12/1118751/0/en/Silver-Spruce-Announces-that-it-has-retained-FronTier-Merchant-Capital-for-Investor-Relations-and-Marketing.html
April 2017 -- This is the final news release regarding Silver Spruce that mentions uranium or the Labrador property. They didn't really report anything else regarding the property other than that they own it in most news reports. I guess they decided to just sell it and never mention it to the investors considering the price of uranium just kept plummeting lol. They also kept adding more shares to finance their debt, announcing stock options and private placements, as well as naming new management staff.

I haven't looked into their current projects but I have to say I'm not very confident in these signs I see. Seems like it's a hopeless endeavour at least for now. No idea why it seems to be climbing at the moment

>>22662487
I assume you're >>22660466

Here is your redpill: >>22662985

Think this >>22662814 is intended for >>22662487

What confuses me about SSE is that the news is all about their other more gold-based properties, like El Mezquite. What people want to know about is Pino. You would think that they would be eager to talk about Pino during the greatest silver bull market in history. Perhaps waiting for silver to break past $30 first? Who knows.

>>22662190
That’s a nice cat anon. Post more

>>22662950
I picked up a really small portion of shares yesterday after doing some research. Something I wouldn’t be too terribly heartbroken about losing should Silver Spruce turn out to be a dead-end. But the potential seems off the charts if the rumor is true re: Pino. It’s interesting that it’s had some serious doubters on Stockhouse.

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

My stacklet pictured for attention.

>>22663035
Dam your right that ground looks a lot better than the other one, surface exposed epithermal gold and silver, and its already got a 43-101 compliant report done on it too. Unfortunately its probably due to budget issues and planning during the winter. Silver spiked and they are now stuck looking at other ground instead of proving up a property that is more favorable this season. This happens all the time to juniors too, and its hard to plan against it.

FWTDHAHQUD Status {selling BJs one per merc dime}

>>22662448
MOOOOOOOOOOOON

>>22663244

I've noticed that even some of the best stocks have had a lot of doubters. For example, it's interesting to look back at the chat for Vizsla Resources on ceo.ca. Only a few days before it rose 500%, they also had a short attack, just as SSE is having right now, and this is what people were saying:

-

@Gizzy | Whats going on? Action makes no sense at all.. If I weren't scared that somebody knows more than us I would have doubled my position

16 Jun 2020, 15:04

-

@Gldbull | Doesn't make sense, i understand shorting from $.75 but not from $.40 with 2 drills turning, if we hit a couple big holes that is very likely btw,they would get crushed. There has to be something else going on.

18 Jun 2020, 18:02

-

@auguy | This is one of my worst performing silver plays. I am still up but compared to a few others this one blew it when they decided to do a PP at 43 cents.

18 Jun 2020, 16:07

-

"@GoldSwede | VZLA went from a high of.96 to a low of .24 at the lows. Yes, it's bounced from the lows, but it's been a very weak bounce. It's still closer to the lows than it is to the highs. If Konnert doesn't get a move on before the 2nd covid wave, operations will be halted again. Before we know it, there will be more financings etc. What have they accomplished in 9 months? Diddly. "

18 Jun 2020, 16:45

>>22663244

I've noticed that even some of the best stocks have had a lot of doubters. For example, it's interesting to look back at the chat for Vizsla Resources on ceo.ca. Only a few days before it rose 500%, they also had a short attack, just as SSE is having right now, and this is what people were saying:

-

@Gizzy | Whats going on? Action makes no sense at all.. If I weren't scared that somebody knows more than us I would have doubled my position | 16 Jun 2020, 15:04

-

@Gldbull | Doesn't make sense, i understand shorting from $.75 but not from $.40 with 2 drills turning, if we hit a couple big holes that is very likely btw,they would get crushed. There has to be something else going on. | 18 Jun 2020, 18:02

-

@auguy | This is one of my worst performing silver plays. I am still up but compared to a few others this one blew it when they decided to do a PP at 43 cents. | 18 Jun 2020, 16:07

-

"@GoldSwede | VZLA went from a high of.96 to a low of .24 at the lows. Yes, it's bounced from the lows, but it's been a very weak bounce. It's still closer to the lows than it is to the highs. If Konnert doesn't get a move on before the 2nd covid wave, operations will be halted again. Before we know it, there will be more financings etc. What have they accomplished in 9 months? Diddly. " | 18 Jun 2020, 16:45

>>22663378

Thank you, this is extremely interesting. I hope that what you speculate is correct. Perhaps there's still hope for Pino in the long-term? As long as those ounces are actually in the ground, I think it's more than worth waiting for them.

>>22663522
could you make your posts any thicker? holy shit

Thought I would post this for some of you /pmg/ folks: pic is showing the correlation between inverse treasury bond price (ticker is TBF, as a proxy for yield), and gold.

There are those predicting major disruptions in the bond market which may cause a spike in yields and maybe another correction to gold prices. Steven Van Metre in particular was calling for a pretty sharp correction in the near term even in excess of march levels. I don't agree with his projections, but I think it's good for people to be understand that bonds are one of the major catalysts for gold price movement. Particularly if gold is overbought a yield spike can trigger a knockdown (note the difference between August and June).

I don't think gold is still overbought, and is largely done with its consolidation at this point, but the risk of yields spiking (especially before the election) is non-negligible, so consider taking a hedge using bond prices and drawing down any margin % you are using or making some cash ready just in case. Personally, I am pilling cash into my account and holding it, and am considering 1-2k in 16$ TBF calls as a hedge against downside risk.

>>22663522
I mean it has been proved up enough to for a 43-101 report, but most of that data is based on surface channel sampling and only a little subsurface drilling. I am betting the ore body doesnt go to depth and thats why their hesitant to drill, it would destroy the properties value. Than again we dont have anyone in the ear of the operators so we cant be sure.

>>22662756
1904 looks like a good year

>>22662448
Given Friday I expect up with a slap down at the usual hours of 8-10am cst

>>22662756
You should get the off metal issues for stack aesthetic.

>>22662190
careful in your PM searches frens, it can be a dangerous world out there.

The lack of frens Prepping the BHLL in this bread is concerning.
Better get some frens.

>>22664152
>BHLL
Beverly Hills Little League?

>>22662190
put the other 2 post dude

>>22662448
rolling for silver to 12 dollars on Wednesday

>>22663293
you need to keep the uranium in ur butt

>>22664210
Jesus Christ why? The losses in my miners would absolutely defeat the gains when I bought my physical in March.

>>22662815
If you spend the money doesn't it eventually end up in the banking system anyways? The only way to keep the money from the Jewish banking system is to not spend it. But if you hold your denationalized fiat currency as physical paper bills, you are subjecting yourself to the Jewish system. Truth is the whole system was Jewed from the start. The only way to beat them is to get rid of the fed and fractional reserve banking altogether.

>>22663581
But wouldn't all the financial promises by both candidates spell out more of the same? That being uncontrolled spending via money printing? Trump isn't a fiscal responsible Republican candidate, and will enter into a spending war against Biden and the Dems.

>>22663987
this is no joke frens. My boomer Dad has been missing since last Tuesday. Police investigating say he was last seen at about 6pm, crossing the street with an underage looking girl. This is so worrying. who knows what they could be doing with him.
Remember frens, keep your stacks close, keep your boomer parents closer.

>>22664231
Way ahead of you, brother. If I stash enough, it'll be worth the cancer.

>>22664472
This ain't no joke. I buy my bullion from a dealer who's nice shop is adjacent to a shit neighborhood. I've noticed men watching the place. I usually walk out my stuff in a satchel, two knives, and pepper spray on me.

I’ve seen that pic saying silver should be $4000 and gold $32000 adjusted for inflation. None of you are delusional enough to think that’ll ever happen right?

>>22664591
>None of you are delusional enough to think that'll ever happen right?
I could see it. Bitcoin went to 20k ffs.

>>22664591
The inflation-adjusted peak from the 80s using real inflation not CPI is somewhere around $300-400

>>22664660
market cap

>>22664591
I'm highly doubtful and skeptical of a claim like that. "Experts" in the PM industry are projecting $100-300 dollar silver, for example, so 4k is almost unfathomable.

>>22664442

It's not to suggest that Trump or Biden really matters for the markets. I think we are headed off the cliff into MMT + UBI crazytown regardless. The big thing that could cause a bond yield spike is somebody (i.e. China) dumping bonds prior to the election to throw the markets into chaos.

The Fed would have to move to buy up all those bonds to suppress yields again, but they might be slow to do it and in the meantime an all-gold portfolio might be hurting badly. You don't want to get margin called out at the very bottom. Quite the opposite, you'd want to be ready to profit from the dips if you see them coming.

In that scenario I'd sell my TBF calls for a mint, and pump the profit right back into gold and silver miners. If you're not comfortable with call options (i.e. losing all the money you spend on them), a leveraged inverse bond ETF like TMV, or else just holding lots of cash on the side are decent alternative plans.

I'm afraid to go outside alone anymore

Anyone know why there isn't any good coin shops in Delaware? With their tax regs I would think everyone would want to open up there. I live very close to Golden Eagle Coins in Maryland and they have a huge assortment of all kinds of PMs but there's that MD tax rate. If they had a shop in DE with the same selection I would be there once per month.

>>22664833
Midwest and the south is where you want to buy. Most dealers hate foreign and sell it discounted

>>22665004
That's a long drive.

>>22662240
It'll take at least 5 days bro

Started stacking in January. 50oz, all from SD Bullion. R8?

>>22664757
If you check any bum-ass inflation calc and plug in peak silver from the 80 spike it's about 130$ ish

>>22665194
Bought more silver myself.

And it's pretty decent so far fren

hello frens!

orale vato

>>22665194
I like those bars especially the buffalo one.

>>22665194
what are those clear silver rounds

>>22664817

Get out.

>>22665107
If you've got the means, I highly recommend a buying trip. 3k in cash exclusively for buying and the open road. I have found some amazing bargains. Just map out what Lcs' you're going to hit. I was once offered 2000$ CAD in assorted change and bills for 300$ USD. If you're into numismatic shit all the better. You can come out way ahead after you flip and use the profit to stack.

>>22663293
Stacking Uranium is a terrible investment, you lose half of your holdings every 4.468 Billion years.

>>22665489
>Get out.
cant go outside. not safe.
not with loli gangs like this roving the streets mugging innocent boomers

>>22665363
The backs of the Liberty rounds

>>22664321
If the money is not in your bank account, it means they can’t loan it 90x what you have, creating money from thin air and giving it to people for mortgages and loans, before that non existent money is redeposited. If I turn clown money into silver, then I have an asset which is outside their system.

But yes that clown money is still in circulation, but at least they’re not using my savings to enslave the goy

>>22663678
>>22663522
Have either of you looked at Latin American Minerals? Sprott-owned with <7m market cap.

>>22665519
If I'm going to spend that much all at one I might as well buy locally. If I just want a couple of 10 ounce bars of silver or a gold sovereign I have to pay taxes on anything less than $1000. In Delaware there is not sales tax at all. It would be worth it to drive across the bridge and go there if they had a large selection.The best thing I ever got from Delaware was some rolls of junk silver from a place in Dover. They had no gold at all.

The crab market is about to end, a small pump then a large dump before the moon mission begins

>>22662448
slight rise, a big dip, and then crab up. Forever punished silver

>>22662448
ALL THE WAY UP

>>22662448
sixs for $666 silver

>>22666222
checcckkked, I will look at it

>>22662815
>>22666198
Fun fact, (and will send you down a peak clown-world black pill rabbit hole) :
In the fractional reserve banking used in the US today and in most western countries, NO ACTUAL RESERVES are required to create new loans. As of March 2020 the reserve ratio requirement in the US is officially 0%. In the UK it has been 0% for years.
>source
from the Fed itself:
https://www.federalreserve.gov/monetarypolicy/reservereq.htm

The only thing limiting actual bank lending activity is banker confidence.

>>22663541
>haha, shaky guy goes brrrr

I recently got a decent windfall, and I want to buy an oz of gold.
I only have 1 Oz Krugerrand, and a few old fractionals, so what should my second full oz gold coin be?

>>22666950
100 Kronen Österreich
20 Dollar Double Eagle St. Gaudens

both not full oz, but waaay better than boring modern production bullion shitters

>>22666813
Damn.. I heard when the corona hype started they slid through the biggest change to banking laws since the 70s. Didn’t understand what it was until you explained it. Thanks bro

The dollar system is being propped up by toothpicks now. A bank can have no money can create billions in loans to give out. What’s the endgame? They trying to cash out as hard as possible before it crashes? Destroy the dollar for digital currencies? I’d say next year we’ll start to see the effects of this, hyperinflation. Going to buy shiny rocks while I still can

>>22667121
>>22667121
That double eagle DOES make my peeper become the big peeper....
Not to see if I can find it without a stupid fucking premium here in Europe.

The 100 Kronen is also pretty meme-tastic, with the Corona inscription.

Thanks for the suggestions! I am open for more.

>>22665846
Lel

>>22666813
yeah they slid that one between the cracks along with freezing pension funds

>>22667233
I am the corona chad here and as a fellow europoor I may guide you to this website that has a list of cheap premium gold coins and bars. All trusted dealers, most of them ship eu wide so you can calculate your end price.

https://www.gold.de/aufgeldtabelle/

>>22664591
It's entirely possible if the dollar tanks.

>>22667306
edge lettering is sexy AF

>>22667306
Nice! I didn't know of that site. So far, I've been manually checking vendor webpages, which takes for fucking ever!

Have a pic of Satan snorting smoke from a forest fire for your troubles.

>>22667376
yes

>>22664591
Not saying it WILL... but if things like bitcoin can hit 10k+ then it certainly is possible for tangible assets with actual value/rarity to also hit those levels.

>>22666491

Assuming you have reasoning for this? I see people saying it will dump again, and I think it def could if yields spike.

But... I also feel there's too many people now expecting a big pullback, and too much big money paying attention to gold (and commodities) waiting for such a pullback for it to be by as much as they might want.

>>22666813
Yes but no. Banks now have depositor funds to bail in and if that's not enough they will tap into the infinite reserve of the taxpayer or central bank to back up the loans they give out.
Too big to fail.

>>22667420
calm down satan

>>22667521
Could be self fulfilling too. Silver ran up so fast and then crabbed, impatient investors may start to dump soon to join a different party.
The recent run up is new money, and the investors are probably not buy and hodlers.

>>22667609
397 more contract deliveries preliminary on Friday. That is almost 2 million ounces of physical silver delivered on Friday.

>>22667609
what the fuck are you on?

The people who invested to reap short term gains on a fast run up invested in paper silver... they likely already sold during once of the last dumps of multi years worth of mining via paper selling.

>>22666950
some ideas from APMEX. these are the lower premium 1 oz gold coins for USA and North America. check prices at home in the EU

>>22666950
some ideas from APMEX. these are the lower premium 1 oz gold coins for USA and North America. check prices at home in the EU
forgot screenshot

>>22667185
I guess I'll share some of that rabbit hole journey. Some major waypoints have been:
>Credit Theory of Money
>Modern Banking Profit Model
>Eurodollar System
>Effects and Limits of QE in the US
>actual Mechanics of QE (this is where I'm stuck)
>US Central Bank Digital Currency (US CBDC) and congress proposal H6321

I guess the endgame for banks is that they still need profits. They have to have more assets than liabilities to provide shareholder equity. So they can make as many loans (assets) as they want, BUT when those loans start to go bad, they take the hit on the asset side of the balance sheet. Right now banks see that the economy is in stagnation, so loans are too risky to keep as assets. Bonds on the other hand, are guaranteed to hold value so long as the Fed continues QE. As such, banks have been lending less and buying and holding more bonds. This will tank the economy further and cause more QE from the fed which will make bonds go up in price, strengthening banks' balance sheets.
>Why explain all of this
The expansion of money supply in the US is throttled by the commercial banking system. The Fed has no actual power over monetary inflation. This led to the idea of a US CBDC which could shove money right to consoomers' Digital FedAccount wallets.
>>22667299
>sliding between the cracks
They almost snuck in FedCoins into the March stimulus bill (pic related). Check out Maxine Waters' proposal H6321 on congress.gov

I think this is the endgame. Fed gets direct control over the money supply so they can bypass commercial banks and cause the inflation the US government needs to be able to service its debts.

>>22667695
Eh just being realistic, I'm almost all in and I wish we could go straight up, I just don't think that's how it will go.

>>22667919
I expected to see libertads on that list, but I searched and they look almost sold out on APMEX

>>22668077
Better take the 50 Pesos 37.5g gold coin instead of Libertad 1oz

>>22667552
Jesus. The pills keep coming.
>Bail ins
So every depositor now holds the risks that the banks take? Who in their right mind would keep any cash in a bank account...
>infinite reserve of taxpayer
So this technically should just add to their confidence for lending or making risky investments. Why has lending growth slowed down though?

>>22668120
>Better take the 50 Pesos 37.5g gold coin instead of Libertad 1oz
that has better upside IMO anyway
old > new

>>22668067
I dont want straight up.... but I cannot see how you an say that ~10 years of crabbing followed by crabbing up is moving in a straight line, especially when the upwards movement is less intense then it should be and is more then justified by fundamentals.

>>22668144
>Who in their right mind would keep any cash in a bank account...

I'm pulling out as much as cash as is practical, can't use cash for everything right now though, fucking virus. Keep a bit in the bank for emergencies.

Since it is sunday, lets talk about the PMG moment in the bible.https://en.wikipedia.org/wiki/Thirty_pieces_of_silver.. The amount of silver judas sold Jesus for is 13.926 oz, and it is currently $372 in dollers. If we made it to the highest it was adjusted for inflation, It would be $1657.491585. https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart..
This is assuming this would happen today under these market conditions. It would be a lot higher since they do not have the silver and gold riches in the americas, and the advanced mining methods we have.
Happy Sundays bro, and make sure you have this in mind that 14ish oz was 3-3.5 months worth of wages in the past.

>>22668179

>>22666950 was asking for an oz
I guess yes, if you're not fixated on ounce units, you can grab 50 pesos, 100 c/koronas, or double eagles.

>>22664591
When they reach those prices, a loaf of bread will cost $100.

>>22662190
Opinions on Victoria Gold Corp?

>>22668603
source me, everyone says this and i think its bullshit

>>22668726
I think those prices are BS too, if they ever reach them it will be more from the dollar becoming worthless than from anything else.

>>22663532

where are the titties?

>>22668380
if you are autistic about an ounce specifically, only ounces will do
but if you are focused one relatively low premium, yet easily identifiable and fungible, then those are good options

>>22666950
Get that 9999 Fine Maple Leaf

>>22662520
>>22662756
Contributing my own mini type set stack, just got the 10 Centavo yesterday

>>22667306
>>22667376
>>not even bismuth

>>22667445
what coins are these?

>>22669091
It is BS to some extent, yes bread costs 50,000 in Venezuela but an ounce of silver is 9,800,000 bolivar.

>>22664591
Look up national debt clock

Has anyone had any of these before ( or anything from Leipziger Edelmetallverarbeitung before)? I hadn't even heard of them until now but they are cheaper than anything else by far at £24.91 an ounce

>>22664700
>real inflation
There is no such thing as "real inflation". Inflation has a measurement problem.

>>22664700

People should be cautious with shadowstats, chapwood, etc. Afaik, they don't show their work and are marketing to people who think inflation is higher than CPI. Beware firstly of people telling you what you want to hear.

That being said: yes CPI is bullcrap. Take CPI and double it, and you're in the right ballpark, IMO.

The Big Mac index is unironically not a bad metric. I believe it was about 4.5-5% over the last decade, last I checked.

>>22670065
>The Big Mac Index
You might be on to something here...

>>22670181
its already a thing

>>22669721
I found the official price controls in Venezuela.
Ounce of silver is 9,889,495 for reference.
http://mincomercionacional.gob.ve/?page_id=43

>>22670236
what is that in dollars?

>>22670348
One dollar is 248,209 bolivars.
400,000 bolivars is the minimum monthly wage from the last source I found from May.

>>22670453
good god.

Evening fellas, I'm wondering if any UK stackers here have a pension, and if its worth having?

I was contributing to one for my last job (now unemployed) and recently got a letter saying I need to either transfer the funds to a new scheme or get a refund of my contributions less tax, the transfer amount being c. x3 the refund amount.

I have no idea what clown world we'll be in when I'm at retirement age (several decades) so I'm tempted to get the refund and get more PMs, or start a junior mining stock portfolio.

I am also wary that the responses I get may be skewed but I find the calibre of poster here generally quite high! Thank you for reading.

>>22670065
>>22670181
>>22670196
Big Mac Index sucks because it doesn't account for the inherent changes to the actual Big Macs.

McDonalds is using smaller and cheaper-cut beef patties every few years. Cheese slices are getting smaller and more flimsy. The buns are getting slightly less sesame seeds every year.

The BMI is neither stable nor a reliable index of reality.

>>22670551
The BMI is meant to compare between currencies. Or at least that is how I have ever looked at it.

>>22670453
so a merc will already buy you a woman there...

>>22670551
>The BMI is neither stable nor a reliable index of reality
fatty cope right there

>>22670551
> Big Macs are the junk silver of the food world.

>>22670840
big macs being translated from funny money value of the silver at present time

>>22662448
roll

>>22670551

It's true it has a bit of quality decline built in which would lead to it being an underestimate.

It'd be preferable to use a very consistent mass market good provided by a company having to pay college educated worker's salaries, and covering their health insurance, and being exposed to real estate prices in major metro markets. Because that would better capture the costs normal people face.

Starbucks index is sort-of a thing, but I can't find data before 2019 for it.

>>22664591
ANY price estimate in dollars or another fiat currency are completely arbitrary as we have no idea just how much the supply of these currencies will continue to inflate.

>>22669356
>>22662520
>>22662756
Here's a stack of Canadian 80% coins.

What ever happened to Larry? Was he selling fake bats?

>>22670551
>The BMI is neither stable nor a reliable index of reality.

>>22671119
Where is your 20¢ piece

>>22670542
I have as much control over where my pension is invested as I can however If you've been given the opportunity to have full control even over a small amount I would go for it. It's literally the longest investment term in your life, how strong do you think the pound will be by the time you're 67?

fresh off the presses

>>22671173
pun intended

My father just picked these up for me at a flea market. I am blessed I know.

>>22671227
not sure if laughing with me or at me

>>22671321
it's supposed to be with

>>22671200
Did they make a 20 cent piece in 80%? I'm only aware of the 92.5% ones.

>>22671296
Based grandpa

Barbers are hideous but theyre both historial, and silver, thats cool in my book

ZOMG THEY ANNOUNCED THE ISRAEL+UAE PEACE DEAL COIN!!!!!!
IT HAS A VACCINE NEEDLE ON IT!!!

>>22671379
Okay guys, is she laughing with me or at me?

>>22671475

>>22670551
I'm pretty sure you told me something similar the other day when the BMI was brought up in another thread. Was that you?

>>22671598
yeah I guess

Am i doing this right?

When do metal futures open

A few days ago, an anon posted a chart that showed a list of silver miners from the most to the least quantity of verified silver, and a list of highest quality to poorest quality territories. If anyone has this chart, could you please share it?

>>22671689
Yea that’s an aesthetic picture, makes me want some ASAHI silver.

>>22668603
Brainlet here. If bitcoin is supposed to be gold”s competitor, then why isn’t bread a lot more expensive now given BTC is at $10k?

>>22671849
Bitcoin being gold's competitor isn't widely agreed upon and many people hold both assets. I love Schiff but he's got a boomer stubbornness against Bitcoin. His son Spencer holds bitcoin and gold.

>>22671456
It wouldn't surprise me if they actually did, the US minted a lot of commemorative coins for Israel back in the 60s and 70s.

>>22671952
https://gematriaeffect.news/samoan-fruit-bat-will-be-featured-on-quarters-released-by-us-mint-january-12-2020-news-february-3-release/
https://gematriaeffect.news/the-42-tribute-on-the-tuskegee-airmen-quarter-to-release-february-of-2021/

>>22672060

>>22664268
to buy more anon hats why we need togrow our stacks

>>22664321
are u a jew?

>>22671111
Disgraceful lack of digit checking ITT

>>22670453
2 dollars amoth? jeez nigger 1 merc is worth about a moth of work

>>22672295
lol

>>22671227
wait till she sees the white light after she tries to touch it

>>22671689
dammit. I knew that name rang bells

edges reporting in

>>22671456
"vaccine needle" lmao

i want more of the britannia coins, they looks and feel so nice

do thick edges count too?

>>22673509
Is that who I think it is? Is that you yukari anon?

>>22671689
Low key this is one of the best asahi ads I’ve seen

>>22671689
Low key one of the best asahi ads I’ve seen

>>22673509
post feet

I dont get it why would I buy a metal when I can buy a food token?

>>22673324
Edges with sound
https://is2.4chan.org/wsg/1600649875726.webm

>>22673798
Why not both?

Also, does anyone here read AG Thorson by chance?

Should I buy this?
https://www.ebay.com/itm/303694909522

Scottsdale still does not have this bar and it bothers me that even if they did their shipping would take several months. My last order was almost 50 days.

>>22664152
If BHLL crashes you’ll disappear, if it moons you’ll crow forever.

Seems like I’m taking on all the risk here

>>22674194
He's got pretty good feed back. If you like the price, you might as well buy from him.
Several months to ship is retarded.

>>22669862
I want at least a tube of those, too bad my LCS isn't bringing those in

>>22674194
>pepelepew
i-is he one of us?

>>22673758
>>22673189
>>22671844
thanks anons, ill try to downsize some of the other b roll i took

>>22674194
no. buy cheap silver fuck the brand fuck the aesthetics.

>>22674703
this for the most part, get something nice every once in a while but weight should preside generally

where is the dude that keep crying bout manipulation

>>22674313
>>22674457
ill think it over tonight
>>22674703
>>22674741
I want to but its the only bar im missing from Scottsdale and the only bar those people have yet to restock. I have at least 1 of the others.

>>22674792
>i think these specifically are discontinued too, if its worth the 20$ or so extra go for it anon

DO YOU REMEMBER?

>>22675386
How this thread died in September?

Got a few Kennedy half dollars in some general junk I bought today. Condition is good enough that I thought they were fake at first

>>22674817
>discontinued
Dang really? Will they make a new 5 oz stacker then? I always thought it was weird it was the only one in plastic and wasnt a stacker.

>>22669581
Austrian Coronas.

>>22662448
Ya tried with the trips

>page 8

the night grows long anons

>>22676672
Time for bed anons.

I just bought 50 Mercs bringing my grand total to somewhere around 220.

Speaking of which, does anyone in these threads own a 1916-D?

what year should I look for on half dollars /pmg/?

>>22676849
What type if halves are you interested in?

>>22662448
we already did this anon

>>22676911
I'm just looking for junk silver to stack on the side of my bars

>>22662520
Mines in yellow
I have a 1/10 and I just ordered a 1/4 which should come soon, I’ll take a pretty picture for you guys when I get it

Withdrew some of my gains from degenerate gamble options trading and turned it into metal. I don’t give a shit about the disgusting prices because I wanted a pamp kilo, tube of ASE’s and a quarter AGE, so I fucking ordered them desu
>click order
>immediately find eagle tube for $50 cheaper

I finally hit 1oz gold, 1oz plat, and 200oz silver. /PMG/, do I keep going silver or should I get up to 2oz of gold first?

>>22677175
but, you just said you didnt care about prices? where did you buy from?

>>22676849
I like walking liberties, but the kennedy halves are cool too

>>22676955
64 and before

>>22677175
You learned your lesson for only $50, that's not too bad in the grand scheme of things

>>22668144
Is the switch to a credit union (mutual company) worthwhile? I just opened an account and I am wondering if I should do almost all of my banking through them

DXY is dropping so silver better be rocking.

They've used this design for over a hundred years because it's such a classic

>>22674621
>Asahi posts have a high probability of being a e s t h e t I c
Based

>>22668144
Oy goy, just let us manage your money ! Dont trust PMG anon!

>>22677284
I don’t desu, was just making joke. And besides, even if I knew about it before, would not have ordered simply because of taxes in my state
Ordered from BGASC

>>22677201
Silver first anon
Great job on hitting that amount! Keep stacking bro

>>22677830
Did someone say Asahi?!!?

>>22677846
lol okay, typically BIGSAC has some good prices on the more generic. im glad i live in a non tax state

>>22677830
thanks anon, first try at real staging.

>>22677789
Peace Dollar
Walking Liberty half
Standing Liberty Quarter
Mercury Dime

A genuine Golden Age of coin masterpieces.

>>22677985
whats on the back of the 10 oz asahis?

>>22678098
its their repeating logo as a grid pattern

>>22678303
ty

>>22677626
It isn't tho

>>22678010
I grabbed a morgan dollar instead of a peace dollar earlier, regret it

>>22678667
Buy one next paycheck

the BHLL, you better Prep it lads

>>22679284
It will be interesting over the coming months to see how much Bunker Hill gets done, either way its a long way away from operating, hopefully they will be at least drilling by the spring.

Wondering if it would be wise for me to take $500 from money set aside to pay for school fees and invest it in some miners. What do y'all think?

>page 9

>>22679983
Fine, here's a bump.

>>22679983
Ya its sad to talk about when its crabbing even though dxy and treasures are down.

>>22679983
Weekend is not a good time for pmg since markets are closed.

>>22664591
That's not what that pic is saying. That pic is saying for every 1oz of silver produced, there are $4,000 printed. Same for gold. For each oz of gold mined/produced, the fed prints $32,000. No one claims 'this means silver should be X and gold should be Y', but the ENORMOUS discrepancy is what raises eyebrows and expectations.

APMEX sent me the wrong 5oz ffs. How do I get a free one

>Klondike dumping
What happened fcker

>>22680209
>free
heh

>>22679349
Can you still pay for your school fees if you hypothetically lose the money if the investment tanks?

>>22680436
Where? Isn't the market closed right now

>>22662190

What the hell is going on?

>>22680928
Borse Frankfurt, it's at - 25%

>>22681096
Not sure. Perhaps silver breaks through $30 this week?

>>22681096
Normal price action.

Holy shit are the Jews going to keep DOOMPING?
At this rate I’ll be able to afford another kilo bar.

>>22681256

Guess you're right, feeling a bit sleepy anyway no need to look at this normal price action.
You must be right, time to sleep.

>>22681129
>>22680436

DeGiro is inaccurate. The real price of Klondike is 0.075 CAD = 0.048 euros, not 0.041. Always go to ceo.ca and do a currency conversion to determine the true price of these things.

https://ceo.ca/ks

Also, down 25% from what? Volume on DeGiro is so low that the a buyer could buy 100 shares and drive the price artificially "high" in Frankfurt, before you see the more realistic updated number the next day. Not a single person has even bought Klondike Silver in Frankfurt today. Look at the volume.

Also, even if KS did drop 25%, that shouldn't make you panic. You should be prepared to see it go down 25-50% on any one day. That's how volatile microcaps are. Again, look at the chart. From 1 September to 9 September it "dumped" 33%.

>>22679349
School fees are a way better investment than mining stocks. Don't lose perspective - everything is an investment.

>>22681411
Is price movement in these microcaps even relevant if the price of silver is not moving? Shouldn’t we be thinking long term hold here, instead of worrying about day-to-day crabbing?

And: your thoughts on Latin American Minerals?

>>22681330
>this is the first (and only time) time in my life I will ever say this, so I might as well enjoy it
Thank You Jews!

>>22681476

No; in fact, no mining stock is worth thinking about unless there's some relevant news about it. Until silver breaks $30, all of them are going to go sideways. GDXJ and SILJ have been going sideways for 60 days now. Last time they only went sideways for 35 days before breaking out. The wait has been exhausting, but I am sure that it is going to end soon enough.

Latin American Minerals appears to be like Argentum, Mountain Boy Minerals, Silver Grail, Genesis Metals, etc.; another Sprott microcap which you might want to throw a certain amount of money at as a gamble, but obviously not make into a core position.

What percentage of your net wealth is in silver and gold?

>>22662190
alright guys give me the rundown, is there still a panic run on precious metals? i bought a little silver in May and shit was getting increasingly hard to find and all the ASE were selling out like crazy despite stupid prices $8 over spot. have things calmed down yet?

>>22681411
That's the kind of thing that make me scared of investing into small-cap AND small market. Not having tsxv or otc market make it even harder. Thanks for the input thought, you're right that it's updated maybe twice a day on degiro.

>>22676831
closeup of the 45-S? it looks way too nice to be in that cardboard holder, if its pristine put it in a slab

>>22677175
holy shit i literally bought that same bar for $630 back in May and thought i was overpaying wtf is going on with silver. are we at the peak or is there still room for more gains?

>>22681631
If silver rises to the level which you and others have projected, Sprott is going to have an inconceivable net worth someday. I’m thinking about mimicking some of his portfolio when it comes to his positions in exploratory miners. Obviously DYOR and maintaining an understanding of my personal risk tolerance apply.

>>22671849
Why do you make it as though both assets have to compete directly to each other? They each have their merits. I think, why not have both? Anything better than fiat is what it will come down to. See how well you can fractionalize gold compared to bitcoin. And if you cant hold a bitcoin is it real? I have everything except 401k, sold all my 401 will pay the early penalities and I moved my wealth into not the us dollar.

>>22681096
Fucking weird, i've never seen this before. I mean one super thin (2mn) candle, yes, but never in a repeated fashion like this.
Worth noticing the stonks market is crashing in a blood red spiral as we speak, especially EU indices since they opened 2h ago.

>>22681802
It's not called the greatest wealth transfer in history of mankind for no reason.

>>22681889

Yeah here and there you could find a super thin candle , but this just keeps going on. It'd be interesting if it keeps on for an extended period of time.

Oh boi yep I didn't check those yet, thanks for pointing it out.

>>22662815
so many coins and not a single one made of real metal.
>not having gold. NGMI

What the fuck is happening to silver?

>>22681096
Other websites don't show this kind of behavior btw

>>22682007
Nvm some of them actually do holy shit

>>22682032
>>22682007

Yeah i took a look, some do some don't, but here's one more that does

>>22681993
maybe insiders told big bois early about confirmed COMEX default so they are doomping paper contracts

>>22681096
This is a glitch? I dont see it elsewhere?

>>22682082
Something big is happening and we will know about it way later like the repo. We're deep red here in European market right now, especially our banks at -5%

or maybe margin calls are forcing institutions to doomp their paper contracts. who knows?

>>22681802

Yes; I agree with what you say, and it is why I have tended to throw money, blindly, at the microcaps which Sprott is invested in. But I believe that there are a good number of others which he hasn't discovered yet, like BHS, KS, Vangold; and my position in these is much larger than in Sprott's stocks. Simply because my own research has convinced me of their value. I bought Vizsla Resources long before Sprott did, who got in after it jumped 500%. I know from experience that he isn't omnipotent; and the return is always better when you anticipate him rather than follow him. But at any rate, somebody who follows Sprott is going to do extremely well, and definitely outperform the GDXJ or SILJ.

By the way, I thought people might be interested in this. It's Sprott's personal portfolio as of August. Study especially the size of the positions. 21 million in Silver One, 13 million in Dolly Varden, 12 million in Kootenay, but only e. g. 550,000 in Silver Grail Resources, or 350,000 in Genesis Metals. People should adopt the same philosophy; maintain a number of "core" positions which you really believe in, and only speculate on those microcaps which depend upon exploration to succeed. Don't throw all your money at a drill-gamble. Stocks like Silver One or Dolly Varden already have the silver ounces in the ground; you can't lose with them. But you can with a bad microcap.

>>22681702

You're in the position which Cortez was when he burnt his ships after landing in America. Stocks are so illiquid on DeGiro that you won't be able to exit your position unless KS goes up again. All I can say is don't worry about it, you had the conviction to buy it as a leveraged bet on silver; if silver goes up, then KS will go up also.

>>22682082
>>22682156
I stand corrected

Holy shit what the hell is this?

>>22682188

>Stocks are so illiquid on DeGiro

Probably better to say: "Microcap mining stocks are so illiquid in Frankfurt."

>>22682233
This cant be right

>>22682305
Dont see those candles in tradingview

>>22682305
Could it be latency between the LBMA and NYC COMEX price fixing? Like London with a $26 price and NYC at $27 ?

>>22682188
35m in Latin American Minerals. It has a 7m market cap and price is 0.53. Very interesting. That's exactly half of what he invested in Discovery, which received a lot of fanfare. I'm intrigued. Thank you for posting this chart, anon.

>>22681096
At this point I'm willing to believe the price manipulators are just taunting everybody

>>22682525

This is by the bye, but I was curious about one of the smallest stocks on the Sprott list which I hadn't heard of before, Monarca Minerals. Just looked it up on ceo.ca.

https://ceo.ca/mmn

Saw "oldbanker" warning about it, the same person who recommends Silver Spruce Resources. >>22662950

"@oldbanker | Insiders dumping. No chance to get Tejamen going, and we all know the San Jose property is not worth the new market cap gain. Huge dilution... I see nothing positive here." | 28 Aug 2020, 11:22

@oldbanker | I was right, the insiders are laughing all the way to the bank. I see no real potential here. Massive dilution, Tejamen chances are at around 0% and San José was bought very very cheap recently... Compensation for CEO is stellar... Nah... I warned you. | 3 Sep 2020, 07:25

Just goes to show that throwing money at a Sprott microcap isn't always an infallible way to success.

>>22682233
>>22682305
>>22682610
You tards need to stop looking at CFD prices. The Comex and XAG/USD prints have none of those spikes.

>>22682669
On the contrary: what makes you trust oldbanker and Silver Spruce so much? I read some of the news reports about SS yesterday and they keep playing musical chairs in management. No mention of their uranium property since 2017 anymore either, it's like it never even existed. They also had to add more shares to pay for debt they couldn't pay a couple of times, also introduced stock options. Worrying signs

>>22682907

I don't; Silver Spruce is purely a gamble. But the upside potential is absolutely enormous if what oldbanker says is true. It's oldbanker whom I think has credibility, not so much SSE. He got it right about K92, East Asia Minerals, Southern Silver Exploration, and many other stocks. He's so relentingly enthusiastic about SSE that I can't help but want to take a position in it, just in case he's correct.

This is an e-mail which he received from SSE in the middle of July, where they allude to the 120 million ounces of silver at Pino:

"We had been frozen for a long time following the death of one of the owners of the mining rights. We have hired legal counsel to complete all the required steps in updating our agreement on the mining rights and with the owners of the land rights. We already have the drilling permits and environmental certificates. Our geologist who conducted the field work and wrote the NI 43-101 estimated the potential as being up to 120 million ounces of silver (and additional amounts of gold, lead, copper and zinc).


El Mezquite

We intend to start mapping and other exploration activities early next month. We anticipate drilling this Fall. We have been informed by our joint venture partner that the property has potential for over one million ounces of gold.

Melchett Lake

We will be doing significant exploration later this year as required under our contract."

>>22682907

I don't; Silver Spruce is purely a gamble. But the upside potential is absolutely enormous if what oldbanker says is true. It's oldbanker whom I think has credibility, not so much SSE. He got it right about K92, East Asia Minerals, Southern Silver Exploration, and many other stocks. He's so unrelentingly enthusiastic about SSE, never selling, always buying, forever talking about the stock, that I can't help but want to take a position in it, just in case he's correct.

This is an e-mail which he received from SSE in the middle of July, where they allude to the 120 million ounces of silver at Pino:

"We had been frozen for a long time following the death of one of the owners of the mining rights. We have hired legal counsel to complete all the required steps in updating our agreement on the mining rights and with the owners of the land rights. We already have the drilling permits and environmental certificates. Our geologist who conducted the field work and wrote the NI 43-101 estimated the potential as being up to 120 million ounces of silver (and additional amounts of gold, lead, copper and zinc).

El Mezquite

We intend to start mapping and other exploration activities early next month. We anticipate drilling this Fall. We have been informed by our joint venture partner that the property has potential for over one million ounces of gold.

Melchett Lake

We will be doing significant exploration later this year as required under our contract."

>>22683035
Even if it's completely untrue, it does have "silver" in the name, which should give it a couple dead cat bounces in an extreme silver bull market by normie investors. At least enough time to get out if we learn for certain that the silver isn't in the ground, or they have no reliable way to get it out.

>>22683035
Alright, seems like a decent gamble if nothing else

>>22683035
Thanks for all the information kind anon, how do you make sure one company has silver and not bet on a drill?

>>22662190
Get rekt PMbugs.

> asian markets red
> european markets red
> us market will be red too
no plunge protection teams in sight. get ready too fire the load and stack moar! wagmi!

>>22683308
So, how's your aapl doing?

>>22683195

Yes; in the 70s and 80s bull market, even clothing companies with the word "Silver" in the stock names were soaring.

>>22683243

Look on the company websites or read the chat on ceo.ca to find out about known ounces. But besides the ounces actually known about, the size and history of the property are important. For example, I know I keep going on about this, but Impact Silver's property = 3x larger than the country of Liechtenstein, is the second-oldest silver property in Mexico, has thousands of abandoned silver mines going all the back to the time of Cortez, etc., etc. There's not the slightest chance that they don't have an enormous quantity of silver on that property. Same case with respect to Dolly Varden. It has a 43-101 resource of 44 million ounces of high-grade silver. But the property is 88 square kilometres, of which only 3% has been explored in detail, and there are four former operating mines. Again, Klondike Silver has a permitted mill and a history of 40 million ounces of production, going back to the late 1800s. Its district is famous for silver. Common sense tells me that there has to be a lot of silver there, far and away enough silver to make that minuscule $12 million market cap seem like an utter bargain.

>>22683313
asia's green, fren

>>22671689
Those coins and cars are by far the ugliest form of silver I've ever seen.

Yikes.

For $450 you can own one share of Tesla, or four shares of Apple, or you can own over a thousand shares of a silver miner stock. This is something I try to keep in perspective.

>>22683921
>implying junk isn’t the best-looking bullion every time

Even though I actually also like Asaha rounds, and ASEs like yours too.

>>22684175
>Asahi*

Chainlink is really dumping. Tried to warn people about this about 100 times.

Chainlink is really dumping. Tried to warn people about this about 100 times.

>>22683504
What do you think about having a core position on impact, defiance, dolly and tinka? Then throw a bit on other stocks.

>>22684175
I mean junk is fine as long as you didn't pay much above spot. If you are paying for numismatic value then you are wasting money unless you enjoy collecting like I do.

>>22684406
JUST

>>22683504
you seem to be the most informed person on mining stocks in /pmg/ so im going to ask you right now before i lose everything,

Whats the definitive 100x moonshot portfolio? Im not interested in anything other than sub $100 mil projects. I have 100k. and would preferably divide my portfolio among up to 10 options.

>>22684413

Defiance has really pumped lately, and I don't know enough about it to determine whether the increase in price is justifiable. You might want to buy Silver One instead, which is still consolidating, and looks less parabolic. Although Silver Sitfolio has Defiance as a "huge" (top 3) position. Dolly Varden and Impact are sure bets with good value. DV and IMP are core positions of mine. I really like Tinka Resources, but it might longer to go up now, because of the IKN hit-pieces. However, it is excellent value.

>>22683689
damn... i thought it would begin, fren.

>>22684635
I see, so investing into tinka a bit slower since it'll take time and invest more into other. Wait a bit for deviance to see what it does. What about aurcana, I see it hyped a lot but how is its chart, it keep going up too but ceo chat doesn't think itll drop

>>22684635
>because of the IKN hit-pieces.

who the FUCK cares what this mentally ill left wing cuck with a keyboard has to say? literally WHO

he said he would dump his stock if they started mining silver. im astounded at the arrogance of some people. i hope we gets murdered by niggers

>>22684627

I'll have to give you sub-200-million as opposed to sub-100, but this is the best list I can make. Bear in mind that, if I am wrong about silver, you are going to lose every penny you own by investing in these stocks.

Sub-200 market cap: Impact Silver, Dolly Varden, Silver One, Aurcana, Irving Resources

Sub-100: Fireweed Zinc, Tinka Resources, Canada Silver Cobalt Works, Eloro Resources

Sub-30: Bayhorse Silver, Klondike Silver, Vangold

Gambles: Northern Dynasty Minerals (as much gold + silver as all of Newmont Mining, only needs a permit), Silver Spruce Resources (possible 120 million ounces at Pino), Aztec Minerals (imminent drilling results at Tombstone), Almaden Minerals (massive silver mine with legal dispute with Mexican government), Goldquest Mining (imminent chance of getting permit from the Dominican government)

I also suggest spreading some cash among the following stocks: Metallic Minerals, Silver Viper, Defiance Silver, Arizona Silver Explorer, Blue Lagoon, Golden Minerals, Callinex, Viscount, Kootenay, Bear Creek

bad day

>>22663293
Stacking uranium?

>>22682610
Those are to hammer the price down.

>>22684830
based. thanks anon.

what are your opinions on fundamental analysis like current ratio and margin of safety? i think these things are useless in bull markets.

>>22684831
It won't go down too much. We're in for goodies this week either way.

>>22662190
Last chance to exit silver and buy back at 20$ 1400 for gold, screen cap this

>>22684940
I'll just double down at $20.

>>22684940
ok jew.

Paper silver will be lower but 20 spot will be about right same as gold

>>22684830
I thought you said to stay away from Eloro?

>>22670607
You aren't getting a girl and mum combo like that for a dime you faggot. That's marriage material. Why are you such a degenerate?

>>22684940
kek we just want to watch shit burn
longterm we're all up to our necks in (christian) whores anyway

>>22669862
Where are you getting that price from!? I'd buy it at that.

>>22684940
>Last chance to exit silver and buy back at 20$

I'm not playing that game fren, but will certainly buy another load of bullion and stock up on more miners if it does tank.

>>22685086

No; this is what I said about Eloro a couple of days ago. You might be thinking of somebody else.

>>22684938

As you say, we're going into a PM bull market, so, to me, there are only two things that matter: Does the company have silver in the ground? And are the management team at least reasonably competent, and not predators who are going to dilute their share-holders into oblivion? So long as the answer to those questions is "Yes," other considerations are comparatively insignificant.

>>22685226
Whoops, my mistake, I confused Eloro with Equity Metals. Sorry!

>>22685092
>getting married in 2020
Ngmi. Look at marriage law, faget.

>>22685359
ok jew

Bottom seems to have been reached. 26.20 or so. Don't expect 20$ an oz again for a very long time.

>>22685711
You mean I will never see this again in my lifetime? Sad.

>everything dumping except for bonds
smells like a scramble for liquidity

>>22685781
bonds are a scam.

https://www.youtube.com/watch?v=3TULTx8Vvvc