/biz/ - Business & Finance

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>>22868814

There's been a few guys shilling the dollar milkshake theory here recently. You should read Alasdair Mcleod's latest article

"The error common to both is to misunderstand the underlying subjectivity of money. Money takes its value from the marginal value placed upon it relative to owning goods. If money is widely regarded as sound, an economising man is happy to hold a reserve of it, only exchanging it for goods and services when they are needed. This is the most important quality of metallic money, to which people have always returned when government money fails.

A further benefit, which state currencies lack, is that gold and silver as money are accepted everywhere, having the same values in New York, London, and Mumbai. With the exception of cross-border trade, investment, and perhaps longer-term strategic considerations, government currencies are generally restricted to national boundaries. Paper currencies are therefore vulnerable to changes in demand in the foreign exchanges in a way gold and silver are not; if the foreigners don’t like your currency, they will reduce their exposure by selling it, irrespective of fundamental considerations."

He talks about how the Wiemar inflation preceded it's monetary inflation, because foreigners (and nationals) front ran the Reichsbank into the forex market to protect themselves. So even if there is "deflationary pressures" in the US, you could see a collapse in forex (and domestic purchasing power) at the same time.

LOL OP has just been sitting with his finger on the trigger wanting to get his pic into the op.

Well done op, well done.

>>22886969
nice

preordered the last queens beast to finish out the collection, lads

>>22887050
youll love it anon, working on the fractional gold too

>>22886969
yeah not sure why milkshake is even a thing, probably just a catchy name mixed with people not really understanding it.

Its just a more complicated way of saying the USD is the best, worst, option and it will probably fall last.

Which is likely true, but it certainly is not a unique or attributable theory, some guy just put a catchy name on a very basic concept.

>>22887089
god I fucking love the griffin hnng

Fireweed Zinc is unstoppable. You buy it and it goes up. Then you sell some and regret it the next day. Then you buy some more and it goes up again.

>>22887099
Checked. That's been my feeling this whole time. Stupid imo. People that espouse it seem to usually not know their shit.

>>22887099
The real stupid part is that the only people that believe it consider themselves "traders" not "investors" and are trying to take a bet with a payout structure of +25% or -100%

>>22887120
same, im glad i got it from a dealer for the gold version so i avoided alot of the premium. didnt expect prem to blow up like it did now that set is done. i have the 16 lion, unicorn, dragon and griffon. waiting on greyhound shipment. then 5 to go

>>22887169
>>22886969
Jesus all I get are 69s.

Nice

>>22887171
Premium is indeed ridiculous. I only have a couple of the 1/4 oz gold ones - might grab the greyhound one in that now desu

mirin' your collection

>>22887194
thanks anon, hope the rest are easier (and cheaper lol)

>>22886969
I don't disagree with McLeod. I like him a lot. However, nothing he says changes my short term deflationary expectations. Yes, on a long enough timeline, all fiats will die. Gold and silver are in a class of their own in terms of long term wealth preservation and exchange.

My problem is that he and others are using the concept that all people die to make the case that you personally are going to die tomorrow. Because all people die and you are getting older...you had better act to get prepared because you will probably die tomorrow. I'm sorry, but that's an oversimplification. A lot of the things that people in pmg are expecting requires other things to happen first and there is no automatic mechanism in place to make sure that it is exactly where we are going. There are human interventions necessary to create the inflationary scenario and currently, all the pieces aren't on the board right now for that. What is on the board right now is deflation.


If you guys want intelligent discussion of how the Fed works, you should at least give this video a watch.

https://youtu.be/K5iB1VL7V2s

>>22887188
there is some 88 for you.

interesting chart so far today, no ten am smack down, 10 am stepping up instead. Shits going to be exciting one way or another until at least December.

>>22887380

There's only one problem with the refined theories of the dollar milkshake theorists. And that's that every single prediction which they have made so far has been completely wrong. The dollar is down 10% and gold is up 30% since they were saying that the former would soar and the latter would crash. They stick their heads above the parapet every time the dollar bounces a little, then are forced to scurry away once it resumes its fall.

>>22887380
No, his point is that if the forex market decides to front run the fed, it doesn't matter what the actual quantity of money is. If people think that the fed is going to hyperinflate the monetary base, regardless of what they actually will do, the dollar crashes and prices rise.

If you want intelligent discussion of how to make bets, you should at least give this video a watch

https://www.youtube.com/watch?v=91IOwS0gf3g

Seems like the rumours that mining investors "have one foot out the door" are true, weak hands are exiting today.

Be honest, who else bought this dips like a maniac? Snacked 300oz in total, mostly maples.

>>22887171
yeah really good collection anon, I wish I had twigged onto this one myself while there was still time to avoid premium rape.

>>22887512
I'm not a dollar milkshake theory guy. The dollar milkshake is a theory about one specific way that the flow of capital will trigger dominoes falling such a way that the dollar is the last standing fiat currency before it too fails. That may be the case, but I'm not a proponent of it. It's a possibility among others. But just because I think the dollar is going higher in the short term and we will have deflation in the short term doesn't mean I hold to that or any other specific theory about how things will ultimately play out. I just can't ignore 1) the massive deflationary forces we have in the wild right now and 2) that the way the Fed has been described as creating inflation is wrong and the Fed currently is pushing a string unable to actually create inflation to counter the deflation.

>>22887380
>>22887525

This is the video I was actually looking for, but both are relevant to the topic

https://www.youtube.com/watch?v=hRwimmE2wEk

>>22887610
I grabbed 20oz of 2020 silver eagles yesterday for 27 each with no tax(lcs).

>>22887525
I will give it a watch. Thanks.

just grabbed a monster box of queens beast greyhounds. cant wait to get them

>>22887698
damn...a monster box of greyhounds...nice pick - how much in average per oz? the beast series is quiet overpriced at my dealers.

>>22887664
Good timing and good picks

>>22887683
The XIV video is much more to the point if you are short on time

>>22887698
>monster box of queens beast greyhounds

>>22887050
>>22887089
just waiting on my greyhound and horse to get delivered and I'll be part of the gang. need to make up my own box though

>>22887735
I think it worked out to around $30 dollars an ounce when spot price was $23 or so. Ordered from the eu so premium is even higher than the us.

>>22887380
How long do we have to not have deflation happen for you to stop posting this garbage?

>>22887852
Long time stacker here still got around $20k in DAI and plan to convert it all this week when silver bottoms. Hate having fiat to my core.

>>22887610
Bought 1,000 ounces on the way down... Coulda saved a few grand or gotten an extra bit but I'm not too butthurt, got in on some miners at least and scrap is still flowing so life is good.

>>22887804
i have 2 other sets of the silvers that need boxes too, dont even know if you can get the one in the pic anymore

>>22887967
You'll never catch an exact bottom, with that attitude you've already made it

>>22887698
holy shit post when recieved lol

>>22887651
Sorry, I am not grasping the specific relevance. Are you trying to say that dollar forecasts don't take into account volatile events that will cause it to crash? I think that a major crash is possible, but I also see most central banks in the world working to make sure that doesn't happen. The Eurodollar system really gets discounted on pmg and people think that the world can just decide they don't like dollars anymore and dump them. It's just not that simple.

Imagine you have some device like from Saw, where it's a locked collar around your neck and attached to that is an explosive device. On that device is a vending machine intake that accepts dollar bills. Imagine that every day you had to feed one US dollar into that machine or else the device would explode. It doesn't accept Euros or Yuan...only US dollars. It doesn't really matter how much you may like the dollar or wish for it to collapse. You are still stuck with needing to get at least one dollar every day via some means in order to keep your head from exploding. This is the world's capital markets in the Eurodollar system. There is such an enormous amount of international debt denominated in US dollars that no matter how much a country may dislike the Eurodollar system, they still need to chase a finite amount of dollars in order to service debts.

Now, this won't continue forever, but in the short and mid term, it's unavoidable. The US denominated debt could be unwound, but it would have to be done over time. If there is a quick unwinding, then capital markets will explode. A world war could also be a trigger for this. But outside of a war, central banks are not going to willingly trigger a quick unwinding because it will blow everyone up. It's mutual destruction.

>>22887143
Shill me some fireweed zinc. Is it speculation based stock price growth or are they already well established with results?

>>22887904
How long are you going to spout the printer go brr meme? Listening to people talk about printer go brr is like listening to 16 year old Marxists talk about economic theory. It's laughably incorrect. The Fed can only monetize debt that Congress authorizes through spending. That has primarily been only deficit spending. This year, it was the stimulus. Until Congress passes more stimulus, there is no more debt monetization the Fed can do. Only the banks can add inflation and they aren't.

>>22888238

>>22888112
I'm in the UK and the only ones I can get are from europe so they work out around £70. There is also a bloke in the UK who makes them but again you're looking at £40-50. I am handy enough myself and would rather spend the money on more oz

>>22887652
>muh deflation
Based on fears of lower M2V, when in actuality there are numerous inflated debt bubbles in the economy. We took the biggest GDP hit ever, and you’re saying “deflation” because people aren’t spending as much. Meanwhile the housing bubble is getting bigger and bigger. Oh, but inflated housing prices due to debt and easy access to capital isn’t a sign of inflation. Right....

M2V is it’s own fucking thing. Stop saying M2V indicates inflation or deflation. You say, “Oh well if they’re holding onto their savings it’s deflation.” No it’s fucking not. When we have capital production greater than both debt and currency supply then that’s deflationary. Having your debt expected to be greater than GDP in one year is not deflationary. Blowing up the price of hard assets and the stock market is not deflation.

M2V is not synonymous with either inflation or deflation. Inflation is used to increase M2V because in theory people have less insentive to hold.

If you’re coming to the internet to act like a brainlet, you’re on the wrong website.

>>22887698
holy shit lol

you banking on premium for them? last one in the set usually wont have much of one, but still, if you got them for close to other rounds you may just do very well.

>>22888260
yeah i paid 100$ burger rupees for the 2oz box and 80 for the .25 gold box. im not skilled enough to make something worth keeping

>>22888273
Point on the doll where the fed creates inflation without Congressionally approved deficit spending.

>>22888160
The point is that every single day you make the long dollar bet you have to be correct. A single event like the battery on that collar going out (I didn't read your post in depth) makes your payout go to 0 because there is an absorbing barrier in your bet. Short dollar bets (via long gold/silver) don't have an absorbing barrier. Not only can you be right and we be wrong and you still end up going broke with the fiat crowd, but we can be right and you can be wrong and you end up going broke.

The point is that if you don't adopt a mini-max strategy when playing with these types of payoffs you are guarunteed to go broke over time. The logic of your argument is made irrelevant by the payoff function we are playing with

>>22888393
Maybe. I don't have a crystal ball. But I don't buy the prevailing "Fed = massive inflation" argument anymore having been shown a peak behind the curtain. It's much more complex than that. Long term, I'm still a gold/silver bull and am not parting with my stack and still advocate people buying physical PMs with cash. But for those looking to make short term plays to get more powder, I see the dollar and treasuries as potentially a good way to do so. Maybe I'm wrong, but until Congress starts more stimulus, I feel the downside risk to equities, even miners, are too great. And if we do see a banking crisis, I see that as bullish for the dollar. Yes, Gold and the dollar can both rise together.

>>22888393
>every single day you make the long dollar bet you have to be correct
Spoogi desu. I'm continuing to use debt to keep my dollar balances near zero. Shits nuts.

what metals do you guys have? Only silver loser here

>>22888570
If its a short term play where you get your gains and leave in a month or so, sure I get it, makes sense to me.

But I doubt we will get much notice of stimulus, one thing I think you are failing to take into proper consideration is the forces on the USD outside of the US.

Where as in the past the US can just take outplayers like gadaffi who wanted to go off the petro dollar completely, they cant do that right now. And some major players like china/russia are poised to offer alternatives to petro dollar, but have not played that hand yet.

>>22888615
i'm upside down in silver too. I always buy at ATH.

>>22888651
I actually think it's the opposite and that people talking about the Eurodollar system discount the amount of dollar denominated debt out there and just how much demand there is for dollars. Sure, lots of countries would like to see the dollar go, but it would blow up capital markets for the unwinding to be done quickly. There's no easy way to unwind the Eurodollar system that doesn't involve a complete collapse of capital markets and/or a world war. It makes world central banks apprehensive accomplices in propping up the Eurodollar system. It's not because they want to, but it's out of self-preservation.

>>22888570
I don't understand how you're not following me here. None of your reasoning matters because of the payoff structure. Your bet is identical to the XIV trade. The best case outcome is that you make 25% without leverage (and that would cause massive problems for the US economy which would force the fed to deploy swap lines again). The worst case scenario is that the you keep bleeding talking about the deflation that's coming and once it does the forex rate implodes because people are more focused on what they expect the fed to do in response than they are about the current quantity of money. The probabilities I assign to these outcomes do not have any impact on the long run expected value of the bet because of the absorbing barrier. The long run EV is always negative or 0 even if you have an IQ of 200 and are 100% correct in your thesis.

You are thinking statically and not dynamically

>>22888881
I WAS SO CLOSE GOD DAMN IT

>>22888570
If you define inflation as an increase in the currency supply, there is no doubt we are inflating.
What this does to prices/assets in the short term are where the theories come in and place your bets accordingly.
I would rather think long term as I've already proven to myself I get short term calls wrong.

>>22888844
Im not even talking about a euro dollar anon, the only reason why USD is in such demand is that its used to pay down debts/oil/ect

Russia and china have already insulated themselves to a degree, and out side of direct debts to the US which it can force to be paid in USD, everything else can be swapped over to something else. There is also the "screw it we default on USD debt" scenario as well.

>>22888238
>How long are you going to spout the printer go brr meme?
For as long as the price of goods and equities continue to inflate.

Again, how long do you have to be proven wrong before you drop this bullshit?

Another /PMG/ thread, another deflation meme discussion. It is never getting old and always the same 3 ppl discuss their shitty points all over again.

I need help PMG. I bought 100 share of Alexco at 2.97 but after thinking about my strategy, I wanna get rid of them and focus more on things like Dolly, Strikepoint Gold or Tinka. Should I sell these shares and eat my 20-30$ loss and get those small caps share right now or should I wait to be even on Alexco ? I fear the wait may not be worth the gain loss on those small caps.

>>22889117
this, i just wanna look at rocks and everyone is talking about advanced economic factors of paper

>>22889187
What coin is that

>>22888923
>>22888844

Can you big deep crenellated brains reduce things down for a smoothbrain rock collector?

What happens with silver from now? When do we moon? Do we have a paper dip mid week with presidential debate and eurozone 2nd shutdowns followed by necessary BRRRRing and consolidation over 40? Lend me your crystal balls bigbrains.

>>22889237
1911 Italian 50 lira or something, cant remember what the anon said

Glad I bought Dolly Varden instead of Aurcana.

>>22889183
Forgot to say I'm only investing 1k per month on stocks, that's why I'm hesitant about such a small amount. sad.

>>22889252
rock already up today anon

>>22889252
IDK desu, but PSLV is selling at a 2.5% discount to net silver per share so just buy it

>>22886922
>Kaufen Sie jetzt Silber
Mach ich Kamerad

>>22889252
If you are mainly a physical silver holder, long term you will be fine so long as you have enough powder to keep yourself from being forced to sell to eat or keep a roof over your head in the midterm should the economy go where it looks to be going. Silver isn’t going to moon for a while yet. Another round of stimulus could give us another leg up on the bull market, but don’t get sad if we retrace again...stimulus efforts are going to have diminishing returns in fighting deflation. The only way I see inflationary growth in the short term is if we get UBI or a massive loan guarantee program that gets banks lending like it’s 2006. Single stimulus bills aren’t going to cut it. But due to supply issues, don’t part with any physical you have if you can manage it.

>>22889252
No one has a crystal ball, but up long term, and whoever gets elected is not going to have a long term effect on it.

Every thing I have seen has been a push for "muh second wave, pls gib up all fredums, for our safety" at least is the institutional powers that be. So we have that going for us longer term despite it contributing to the recent/possible future sell offs.

I think we are still in the whipsaw volatility phase with big swings up and down, we wont see that phase end until a large political/psychological factor comes in. Elections may be the most obvious catalyst, but in of themselves, might not change that much if they dont trigger a larger chain of events.

TLDR: wait and see

>>22889117
>>22889187
This. I'm only here because I like shiny rocks. I don't know anything about economics.

I've got a small position in aurcana but i'm thinking of trimming it fro dolley varden

>>22889187
>i just wanna look at rocks

I understand fren, love the old Italian gold, here's some ancient silver nuggets to look at.

>>22889183
$30 loss is nothing if you're looking to make big returns on a leveraged bet on silver. I'm not necessarily advocating you sell, but $30 for a potentially much, much larger return (in time, and with a heavy dose of volatility) is a trade-off worth thinking about.

I have 2.1oz gold and 81oz silver, what should I buy today?

Are gold mining and silver mining ETFs a good purchase? Or is here everybody holding physical? I was inspired to buy around 30oz silver by these PMG threads but already at thi point its getting troublesome to store.

>>22889790
>30oz silver by these PMG threads but already at thi point its getting troublesome to store
Do you live in a meme pod? Just buy gdx/gdxj

>>22887171 are you saying you've 16 of the fractional golds? are you flogging them?

>>22881430

TA is a toolset within a larger body called quantitative analysis. Quantitative analysis is used alongside qualitative analysis to ascertain good opportunities and inform purchasing behavior.

A topical quant correct will be like this
Bullish or bearish? Establish the trend

What is the direction of the overall market?

What is the direction of the various market sectors?
What are the weekly and monthly charts showing?
Are the major, intermediate, and minor trends up, down, or sideways?
Where are the important support and resistance levels?
Where are the important trendlines or channels?

Confirm the Trend
Are volume and open interest confirming the price action?
Where are the 33%, 50%, and 66% retracements?
Are there any continuation patterns visible?
What are the price objectives from those patterns?

Deep Dive - Moving Averages and Oscillators
Which way are the moving averages pointing?
Are the oscillators overbought or oversold?
Are any divergences apparent on the oscillators?
Are contrary opinion numbers showing any extremes?

Deep Dive - Elliot Wave and Cycles
What is the elliot wave pattern showing?
Are there any obvious 3 or 5 wave patterns?
What about fibonacci retracements or projections?
Are there any cycle tops or bottoms due?
Is the market showing right or left translation?

Quantitative Analysis
Which way is the computer trend moving: up, down, or sideways?

Qualitative Analysis
What are the candlesticks showing?

Price Targets
Which way will this market trend over the next several months?
Am I going to buy or sell this market?
How many units will I trade?
How much am I prepared to risk if I'm wrong?
What is my profit objective?
Where will I enter the market?
What type of order will I use?
Where will I place my protective stop?

Place the Order

Qualitative analysis will have it's own checklist and Benjamin Graham has good resources on it. Value investing and the like.

>>22889187
here is some silver just for u fren

>>22889790
>I was inspired to buy around 30oz silver by these PMG threads but already at thi point its getting troublesome to store.

>30 oz
>troublesome to store

WTF man are you a quadriplegic confined to a cuckshed or something?

>>22889870
'16 as in 2016, sorry anon, pictured here

>>22889790
I find it hard to believe you have trouble storing something smaller then a cup of coffee.

>>22889909
>>22889648
thanks frens, rocks are shiny

>>22889878
Notice how technical analysis of this kind doesn't take into account asset specific stuff like market manipulation, shortages, company management stuff, etc. Ignoring technical indicators is an exercise in ignorance. Ignoring qualitative indicators is an exercise in stupidity. Like everything else you use what is relevant when you need

Kikes!

>>22889648
what the shit... those are reproductions right?

Thats a fucking awesome collection if authentic

What is the ideal amount of gold and silver ounces that a family household should have? I know that someone here mentioned about having at least 60oz of silver, but what about gold?

>>22890145
Also 60

>>22890145
If all you can afford is 60 oz of silver you probably shouldn't have any gold since you can't liquidate a portion of your net worth

>>22890144
Probably not, those kinds of coins are somewhat expensive but not unobtainable if you're diligent enough.

>>22890008
>It's funny because it's true

>>22890224
that would be my first assumption, DESU even if fake id like to know where he got some of them.

I am acutally suprised more silver mints dont remake classic coins into rounds more often, only one I have really seen is the athena own and its not really a faithful image to the original.

>>22890384
https://www.forumancientcoins.com/
https://cngcoins.com/

>>22890384
Probably because the market would be too small and it's expensive to design new coins. If you had the time you could do it yourself.

>>22889288
I wanna buy but I can't figure out how to get leaf dollars into my broker account, same with bayhorse..

>>22889831
I bought sprott etc instead of gdx/gdxj, was that a mistake?

>>22890747
>DOLLF
>KXPLF
There you go.

Any miner bros invested in Silver Sands Resources?

>>22890789
They're not available on my brokerage, I don't know why

>>22890842
What broker?

>>22890144
All genuine fren, thanks. Aside from scrapsperging I have pretty vast collections of ancient antiquities (weapons, projectiles and tools mostly) plus a few thousand ancient coins as well. Nice denarius btw, solid strike and good flan.

Check this middle Bronze age (~3,300 years old) anoxic bog found riveted dagger from the Netherlands and ancient Danube river gravelbar-found late bronze age utilitarian tanged knife with their original bone handles intact. I've seen hundreds of faked handles on bronze age blades over the years but these are legit. Not too dramatic to a noob but they are among my most prized pieces, it's absolutely extraordinary holding the same surfaces as the ancients and studying the ancient usage wear patterns they left on something so old and usually perishable and turned to dust in most burial conditions. Coins are nice but superbly preserved artifacts like this are fundamentally unique and exceptionally personal, truly fascinating to me.

Haven't been collecting much this year though, 95% is going into bullion and miners, I can start collecting again when the boomer collectors begin going bankrupt and their collections get auctioned off for peanuts. It'll be glorious.

>>22890000
Checked quads, pee pee id

>>22889920
He just be keeping it in his anus

>>22890955
ok yeah I thought it might have been you, you had mentioned this stuff before. Yeah its pretty neat holding things like that, they just have that certain aura about them. almost 3k years old some of the stuff I had.

But most was fairly common, you have some pretty iconic coins there... if you get a chance mind given me a good obverse/reverse of the crab coin and the one with the three legs running together?

>>22890902
Interactive brokers

>>22890960
Deviant thinking anon
his ID is pee em

Everyone here actually bought the last dip, right? Only up from here.

>>22891168
Is it penny stocks in general or just those 2?

nice steady uptrend these last 12 hours
how long will it last

>>22891231
Not all penny stocks, I can buy arcana, impact, and tinka. But I can't find bayhorse, dolly varden Reyna, and other Canadian stocks. The venture and tsx versions usually show up but I cannot buy with USD on United States exchanges

>>22890955
Surprisingly beautiful

>AG

>>22891272
Anyone want to make some updated meme lines in MS paint for us? Where are we headed?

>>22889790
>30 ozt.
>troublesome to store
Silver is the same density as Lead, anon, you can fit 30 ounces in a mason jar and have room to spare. A shoebox sized safe should be able to hold hundreds of ounces before space becomes a concern. If you ever run out of space you can always just bury your Silver. How exactly has 30 ounces become troublesome to store?

>>22888238
The fed can monetize private debt as well, tard. The haven't done it on the same scale but they certainly can.

>>22891304
Strange. I use TDA and I have no problems purchasing them. I'm sorry anon, have you tried contacting them?

>>22891272
the next year

i'd just like to say FUCK J PEE MORGAN

that is all carry on

>>22891396
Show me where they have that authority. You can call me a tard all you want, but I see very smart people actually talking about the mechanics of these things, and then I have people trying to sell me their gold doing a lot of hand waving very light on technicals as to "printer go brrr". At this point it sounds more like an article of faith in the memeplex than an actual rationally grounded thought.

>>22891404
Yes I called them and the pajeet on the line was not able to help just kept repeating "those instruments are not awailable ". I was going to try to figure out how to just buy off the Canadian exchanges because it's such a hassle funding a new brokerage but I haven't done either yet. How hard is it to transfer like 5 k out of my interactive brokers account to a different account such as TD?

>>22886922
kek

>>22891706
>How hard is it to transfer like 5 k out of my interactive brokers account to a different account such as TD?
No idea, never had to. Hopefully another anon could answer.

>>22891706
shouldnt be hard, might take a few days for them to process, some brokers dick you around with some fees,

Why do niggers stink so much?

we moving up from here silver bros, last week was the last correction before we break $30 and will probably have a short term peak at around $34 before seeing another correction where $30 will be the new floor.

50oz silver
I'm almost there bros.

>>22892025
So you're saying I should buy more?

>>22892025
I really think we are going to need more positive news about stimulus before we even think about breaking $30.

>>22892025
Stimulus is dropping in roughly a week or two, so that would make sense. I'm going to start dumping all my gibs into silver once they ramp up again.

If you're only buying metals/miners and no crypto (LINK) you are literally never going to make it.

>>22892220
I dont think the PM price has even accounted for existing news anon.

This drop is just normalcy bias and people liquidating paper out of fear.

Have seen less then a thrid of the selling right now in physical then i saw when we were nearing 30. Granted thats only my areas LCS's and online selling places, but its something.

>>22891701
How about you use google for 10 seconds

>>22891706
sometimes linking accounts is a minor hassle, but once that's done it's just click click and wait a few business days.

>>22892295
lmao, how do you crypto kiddies delude yourselves into thinking that something like Link, where 2/3 of the supply is owned by some fat Russian, will ever make you rich?

>>22892295
>power goes out
>lose everything
ok

>>22892321
Bullshit, people are selling literal tons of physical.

>>22892393
who's doing the selling?

>>22892393
and im buying, cheapies pls

>>22892380
That's not how it would work dingus. I'm not anti metals, it's just good to hedge your bets. I'd be willing to bet everything I own that rolling blackouts will never ever happen, ever. The people who have power over the goyim will never give that up under any circumstances.

>>22892420
Not sure, lots of boomers and other kinds of people who were holding. My shop has been quite stocked up for the last few months, I go at least once or twice a week and see the same inventory that was there the last time I came in. If I had to guess it's mostly retards who panick bought when the Corona bullshit was first popping off.

>>22892444
>rolling blackouts will never ever happen
But isn't California doing that?

>>22892506
Mine was completely empty. Manager is coming in tomorrow to refill the store.

>>22892444
>hedge bets
why im here
>blackouts will never happen
yikes

>>22892523
I'm talking about nation wide/globally. California is irrelevant and needs to be glassed. I'm not saying don't buy metals, but I can guarantee you that if you stack some linkies up you will see much higher returns on that investment than if you just put it all directly into metals/miners or whatever.

>>22892581
Yikes to you mein nigger. You don't understand the world you're living in.

>>22892604
highly speculative russian meme coins are not my strong suit, i wish crypto would get its own board. ill consider your warning if you consider mine, the power grid of any nation is extremely fragile

>>22892352
Sounds like more memeconomics to me.

Palladium master race reporting in

>>22892659
Already in the process of being beefed up since 2018 under everyone's noses.
Feds are up the ass of pantifa deeper than the mariana trench. Nothing ever happens. I'm still accumulating metals and other things, just much more slowly than originally anticipated. I bet you think a civil war is coming in November too eh?

>>22892670
What if I told you that you're right about all the money printing not causing inflation, and simultaneously wrong about limits on what the fed can do. I feel like you're stuck in anti-meme contrarianism that's no more correct than the meme.

>>22892562
What state are you in?

>>22892757
i bet you think gas lighting me will help you sell bags, link didnt survive the sell off at 20$, its not worth the volatility.

>>22891152
Thanks and sure, the crab coins are from the Greek city state of Akragas in Sicily, I have 2 of the ~8g didrachms, they just have an eagle on the reverse.

The 3-leg (symbol is called a triskeles or triskelion) coins are extra awesome for me because I collect the ancient Greek and Roman lead sling bullets inscribed with designs and insults. Those silver staters depict a war-slinger with sling drawn overhead, pouch of lead bullets hanging off hip, and the triskelion symbol of the city state of Aspendos in field. The slinger mercenaries of Aspendos were well renowned and celebrated enough to be depicted on their coinage, and I managed to obtain a very rare 2,300 year old 28 gram lead sling bullet embossed with that same symbol and almost certainly used by the same soldiers honored on the coins. Badass. The other side shows 2 nude wrestlers grappling, commemorating a win for one of their men in the wrestling competition of one of the ancient olympic games; a homoerotic subject matter more fitting for plebbitors and of little personal interest.

I love ancient shit, no offense but people cooming over modern mass produced (yes, a 10 or 20k mintage is absolutely mass produced) modern memecoins just makes me sad, it's such a waste of money because literally no sophisticated collectors will ever want that crap, I try warning people not to get the equivalent of numismatic beanie babies but most people just don't get it and probably never will. More good stuff for me I guess.

>>22888273
Well said anon. I've had thoughts (although never articulated them) that we should be using separate words for inflation/deflation (classical) due to fluctuations in M2, and inflation/deflation (nu-speak) due to fluctuations in M2V.
I think these 2 definitions are conflated by those in power in order to confuse the general public into believing inflation/deflation are things totally out of the feds control. Which is laughable because that's how they pitched the idea of the fed to the public - to be able to prevent these things.

>>22892852
New York.

>>22892444
>>22892523
Rolling blackouts are just a sign of us becoming more like Venezuela.
>>22892604
If silver goes to zero I can still use it as a spoon unlike your pump and dump shit coin.

someone wanted meme lines

What's the breakdown on tinka, spruce, impact, or bayhorse? Which one has highest growth potential? Also any thoughts on Norsemont?

>>22890955
Holy shit that dagger is epic. How did you acquire it? How much is it worth?

>>22892955
Wow, I've read about this previously, but for some reason this tweet really struck me. A first world country, especially arguably the wealthiest, most advanced empire mankind has ever known, should not be having this. Are rolling blackouts for many millions of people really a marker of an advanced civilization?

>>22892734
gimme a reason to buy Palladium

>>22893093
California is a liberal shithole and not equally representative of the rest of the US. theyre just shitheads 24/7 and very few people actually like it there

>>22893093
In this case its a sign of infrastructure not keeping up with population, nucular reactors being taken offline and a whole other concoction of reasons.
>>22893195
Hate on California all you like but it wont change the fact that it is a leading indicator for the rest of the US. California used to be deep red so don't think you are safe, just look at Texas.

>>22893195
California is a warning for the rest of us. In 20 years Oklahoma and Maine will be just as bad off if we continue on the same path.

>>22893093
There is a reason people meme about hating California a lot, the rest of the country tends to. It is interesting that they are economically extremely powerful in terms of GDP, but it's a weird situation where their state is in a magical inflation bubble all on its own. Everything in California costs 3x the price as anywhere, you make 3x as much as you would anywhere else (at least in the tech field idk about where else), it's a very strange situation they've gotten into by having very different economic policies and lots of strange regulations and such over the last few decades. Even ignoring the political side of it (though it's related) California is an anomaly from the rest of the US. Their massive inflation is leading to people being priced out, and waves of Californians are fleeing the state and moving to other parts of the country (increasing Cali hate because they can't stop talking about how great Cali was despite it crumbling around them).

No other state has hyperinflation, rolling blackouts, and the kind of crazy shit that Cali does. Some might have cost of living issues like New York City etc, but Cali on the whole is way off the charts of a normal US state in an immeasurable number of ways. If their situation is a warning sign for the rest of the country in terms of policy adoption, I'm not sure if it will be heeded or not. The current American mood is 'laugh and roll your eyes at Cali for fucking up a successful powerful economy into an non-scaling mess'.

>>22893424
>>22893424
oh i know none are safe
tons of former Californians move to my state every month. they institute laws noone can stand or reverse and move to the next one.

>>22893424
>>22893428
I fear it bros, but I'll stack metal and guns until their cancer infects my local government. My state will be one of the last western states corrupted by their touch. I have spent time in Austin and Denver, I've seen what happens when it spreads. May the gods have mercy on our fortunes, fellow burgers.

>>22893006
I can't get SSpruce or Bayhorse on Vanguard but have both Tinka and Impact, can't predict how they'll do but the recent IKNBLM hammering of Tinka makes it look like it can only go up.

I got the dagger from a metal detectorist in Amsterdam who was hunting piles of sediments excavated from a big project along The Rukin. He doesn't know stuff beyond ~A.D. 1,000 because the area wasn't densely populated before then and older things are rare and thus didn't realize what a special artifact he had found so I managed to steal it for about $192.50. I was cooming for weeks no joke. I have no idea what it's worth because I've never seen another like it sell, but in the thousands for sure.

>>22893424
>>22893457
California needs a nuke drop on it or a war in the state in order to change its politics.

Does anyone have memelines on gold and silver? Resistance/support as well as trend?

>>22889790
Do you only have your pockets to store your stuff? Even storing 4000oz isn't an issue in a 1 room loft.

>>22891352
This is getting retarded at this point. AG should be $20 at the very least. It have bullish indicators all over it and it's either crabbin' or tanking.. While clown stonks with no future are doing +500% for no reasons.

>>22893839
A quality safe to store 4 comex bars would take up a good amount of room

>>22893660
I have a hard time believing it's 100% legit in that condition. Like there's no way that handle material could be original. If so then Holy shit it should be in a museum

>>22893896
Fucking PAAS did better today. It feels like it will take either the tax situation resolving or insane quarter earnings for it to move again.
Than again, KGC nor GOLD moved any better really. It's an anomaly what happened today.

>>22893956
I don't have time for this memeshit. I store my silver in my bedroom, on the floor of my closet. Each time i reach for pants i can mirrin my stack. It's the good shit anon.

>>22888923
Let's see >>22888888

>>22894001
Good for us, i'll take an extra 25 shares of AG tomorrow. Can't say no to sub $10, it's too stupid at the current price.

>>22894082
Me neither. At 325 shares now.

>>22893839
Are you suggesting that you have $100,000 of silver sitting on the floor in your closet?

>>22893960
I completely understand man, 99.9% of the time it's indeed too good to be true and just a reconstruction or fake, but anoxic tannin rich bog conditions will preserve things extremely well, and that's the case here. BTW the other side is more eroded/corroded, what I've posted is the more photogenic side.

And the "should be in a museum" sentiment is completely shared... My collection IS a museum lol. If you know your shit one can obtain, refine and stack silver well below spot all day just as one can hoard rare esoteric valuable antiquities bought from idiots on the cheap. You just have to be smarter than the competition; it's not hard fren just requires some quality autism uncorrupted by stupid incel weeb shit.

>>22894242
do you not?

>>22894242
Probably the best place to hide, nobody will look there. But everyone will look for a fucking safe.

>>22894396
The closet floor is exactly where 100% of safes are

Bought my first ever american junk silver; it's all they had. This is the last I will be buying for some time. The shop is going out of business. This was the closest one at 50 minute drive. All others in my area went under.

>>22894494
>All others in my area went under.
That sucks, but why would you stop stacking?

what's the lewdest round you guys have? im searching around for silver boobs and apparently there are quite a few to choose from

>>22892393
Just reporting whats been going on here anon, might tbe different with you, but then again, last time you just spouted some boomer BS this and boomer bs that.

Also everything that was sold, was bought quite quickly., as was the case before.

>>22894494
>Dimes in a half dollar tube
That hurts to look at.

>>22894568
Because there's no place to buy it. I live in CA. Taxes are too high to buy online and it requires 1.5k to avoid them, which I cannot do at the moment.

t. Poorfag

>>22894597
If pic related existed, I'd own it.

>>22892604
annnnd there it is.

You have to be 18 to post here anon... you are the most annoying kid.

>>22894604
Again, all I have on hand. Dimes are scrap, so IDGAF if they get tinked around.

>>22892393
I'm sure some people are panic selling, but I've not seem anyone selling at any of my LCS visits since January.

>>22894614
Jesus, good luck anon.

>>22894263
Based. Euros do get cucked on taxes and PMs, but at least they have potential access to amazing artifacts like that. I'd be lucky to find a shitty flint arrowhead. Keep doing God's work anon.

I am on the way to my LCS with $250 I wanna spend. What do I get?

>>22894822
All junk silver

whats asia going to do with an .80 cent gain? keep the pump going?

>>22894614
Wow how do those fucking commies get away with taxing US currency? I feel like there's a lawsuit there if anyone in cali was based enough to start it

>>22894968
Pumping it up another dollar, until european fags crashing it back down and then US saves the day.

>>22894968
Let me get on the line with Xi.
He says: "Fish eyes made silver too cheap still, we buy all"

>>22895049
just like the last 5 times

>>22895081
very honorable

>didn't buy as much silver as i could have
Please go back down

Fuck the fed

If you don't have an ebay credit card you need to get on that shit. Just got a 10 peso coin for less than spot with cash back and I don't have to pay for it for over a month

>>22895309
K e k, based pic anon

>>22895309
LOL nice, where did you get that Chain Link cube?

>>22895309
nice

>>22894082
I've got 350 average price is 11.30 because I bought 200 at plus 12. I have a good amount unspent in my account should I get more or save to spend on juniors?

>>22894597
not my pic but a slabbed ms70 tiddy germania

Here is how to stack effectively. First you create a strong base level of poured silver

>>22895575
Get Juniors, shoulda loaded up on AG just after the March crash, sub-5.00 was a much better price fren.

Then, the weaker 10 ounce bars on top as they can bend

Then plastic tubes on top

>>22895679
>>22895713
>>22895740
How much gold and silver do you have?

>>22895505
It's just a die with stickers on it you can make them yourself

I'm so jealous of all these coins. Minnesota taxes the shit out of them.

>>22887171
I Feel like kicking my own ass because I know I could have afforded the one ounce gold QB if I had started in 2016/2017

>>22895704
March crash I was looking for a new house and moving way too busy with some life changes to be buying boomer rocks at the time. I figure if sprott is buying higher than I did I'm doing fine.

>>22895713
Best pic right here floor stacker, sexy pile. I know the tubes all contain rounds too but seeing the shiny in its glory is better.

Guess what scrapsperg got delivered today...

>>22894636
Yea, we get it, this thread is for 50+, most of the anons in these generals are what's wrong with the world. Fuck niggers and their kike masters.

>>22895903
some are still in stock, it would easily be a 23-24k dollar set though

>>22895974
Sorry just being an ass, but honestly if I were you I'd go for juniors right now, your AG position is fine unless you want to qualify to buy their $0.50/oz discount bullion but greater reward opportunities are to be found elsewhere so keep your eyes open.

>>22896018
was this that 43 kilo shipment that someone was waiting for last week?

>>22896367
>43 kilo shipment

Lol no I'm not quite that flush, got 500 ounces from the first box tho.

>>22896203

Best stock to buy right now is Dolly Varden. There are 5 million shorts and it just leaped 11%. It's going to be a bloodbath. And at current market cap it's already a bargain.

>>22889920
He probably lives with blacks.

>>22896516
Kinda been averaging down on Dolly Varden, up to 2,500 shares I think? Wasn't on my radar in March through May when I got some other cheapies piled up. Looks promising but not too excited about it yet. My smoothbrain strategy has been casting a wide net in the mining space and collecting what look like decent deals relative to the rest of the stock market to hold a while, hopefully it works out but definitely don't follow my lead on anything unless you want cheap scrap.

SD Bullion has a deal with these Royal Canadian Mint coins for only around $2.25 over spot, just picked myself up a tube of 15

This is the best deal I can find online right now, sharing in case anyone is looking to buy cheapest per oz today.

https://sdbullion.com/1-5-oz-royal-canadian-mint-silver-coins-random-design

>>22893497
>>22893537
I'm sorry anons that these locus flee to your state, I have lived in cali my whole life and besides the few good people like at my LCS, most of the people here are lost. Within the past year or two unlicensed food stands started popping up on the sidewalk and it feels like fkn Venezuela now. Oh also if you notice your state starts changing its forest management thats just code work for burning out all the rural folks.
>>22894614
Sorry to hear about your LCS anon, I only have one near me and they don't charge tax cuz fk the state tax.

>>22896516
>just leaped 11%
>best to buy right now
Is it? I've got dust for miners ready to go, I only have Impact and Bayhorse right now. I guess a leap like that doesn't matter too much for a years-long hold but still.

>>22896775
Do they have the queen on the back? If not, I will buy.

>>22896819
they do, but they are really nice coins with a strange amount of material. 1.5 is an odd ounce

>>22896513
nice anon, my favorite is the MPM

Frens, is avoiding buying PMs from online retailers schizo? Is it justifiable only buying from a local shop with cash?

>>22896924
That's literally what I do. You get your silver the minute you buy it and you only pay the premium on top. (No taxes on bullion where I live.)

>>22896513
Nice haul, Jesus we're all going to make it

>>22895309
Is that silver ammo?

>>22896924
If you sell it locally too in small amounts you can dodge taxes in Minecraft.

>>22896513
Like you, I assume when you want to sell some of this in the future, you sell to an online vendor and take the 28% tax hit?

>>22896924
I buy bullion though online through MM, and there is no sales tax in my minecraft state.

>>22897090
Buy rundown house. Pay cash to illegals to fix it up. Tell your friends you did all the repairs yourself. Sell house for profit.

>>22892930
thats freaking awesome, thanks for sharing anon.

>>22893457
Its funny too because cali is the most polluted area I have ever visited... worse then london/paris even around LA... yet they are "super green"

>>22892930
Shhhhhhhh

>>22893457
I live in the beach cities of LA county and my cost of living is cheaper than it was when I lived in DC. The Silicon Valley region skews a LOT of people's perceptions.

>>22897657
>cheaper than DC
Kek

>>22897657
>cost of living is cheaper than it was when I lived in DC
That's one of the only places in the Country more expensive than California.

>>22886922
I'm wary about putting money into shitcoins and think it would be a better idea to just buy some PM. I'm still very ignorant about this whole topic, but is the price of both gold and silver generally expected to increase in the next few years?

Also, do you guys store this stuff in a safe at home or do any of you use one of those safes at banks?

>>22891101

Some guy who worked at the royal Canadian mint shoved gold up his ass and got caught

>>22898368
>Also, do you guys store this stuff in a safe at home?

Survived a tragic boating accident and lost all guns, ammo and hundreds of pounds of PMs years ago fren. Find your nearest Shekelberg and buy insurance, it's your best bet for avoiding my sad fate fren.

As someone who has invested in silver for ten years and as it has now been proven in a court of law that JP Morgan has manipulated the silver price for ten years, how is there not a class action lawsuit against jp Morgan for losses as a result of their criminal actions?

>>22898671
because this is clown world and all the institutions are corrupt

>>22898671
Real answer: it would be impossible to determine damages. I doubt you would be able to get meaningful punitive awards.

>>22898824
>Jews gonna jew.

Figured as much. Stack accordingly and keep a tight grip frens.

>>22886922
based uberwaifus

>>22899033
Checked

hello frens and komrades
no frozen pizza today

homemade food. homecooked. a beef goulash of sorts

and, a certain package has arrived

>>22898824
It would be easy to make an estimate though. Say stackers bought 100 million ounces over those ten years. It would be easy to prove JP Morgan pushed the price down each year by at least one dollar with spoofing. 100 million ounces times ten dollars is 1 billion dollars, equal to the criminal damages they are paying.

If just 1000 stackers contributed 1000 dollars to a legal team, that would be one million dollars, enough to get a team of lawyers for a year and mount a real case against Jp Morgan. Somebody should start a GoFundMe for it or something.

>>22899158
Green beans, and beef? Fantastic. What bread are you using to dip into it?
>>22899200
Checked and box pilled.

Rolling for cool ID.

>>22889183
Just keep it mate and invest new money into other stocks. Alexco isn't a bad investment and $30 is a negligible loss.

>>22891706
Use Saxo anon

>>22899239
>Green beans, and beef
yep, in a sauce, and fresh chopped onions, some generous amount of seasonings. served over baked potatoes. i didn't even think to use a bread bowl or something. I'll try that with tomorrow leftovers

>>22899366
Checked and decked. If you have some excess potatos and eggs, why not have some of the potatos loaded with the excess sause and beef while making some french toast with it?

not so sure about this ID i rolled

I bought 20.6 ounces of sterling silver for $390. This is actual silver weight, adjusted for its .925 content already. Comes out to $19 an ounce, most of this was when silver was at $27 before shitting the bed to $21 couple days ago.

Did I do good? From local shops

>>22897139
What does this have to do with cashing out silver? There's a record of your silver buy, if you sell it online or in large amounts there's a record of that.

What do all these metal spoofing articles mean bros? Why here, why now?

>>22899432
Any LCS deal is better than none friend. They can give discounts in the future or alert you ahead of time for people.
>>22899463
Those articles are meant to discourage people from looking into silver while covering the fact that the people in power can look good in future history books to say they called it ahead of time while people were ignorant.

>>22899395
You're only Gay every July 1st.

What are the chances of another significant pullback in metals. If I had no position in metals would it be better to get what I can with current prices and premium than waitings?

>>22899780
The next known biggest pull back possible will be before/after the election.

>>22899780
i have a personal uneducated guess of a theory that it could be possible for silver to drop down to as low as $17/oz at some point before the next big upswing.
but I'm not waiting for that to happen. anything close to the $20/oz range and im going to start stacking again, as much as i can do responsibly
maybe $200 worth per month as long as it last is about all i can do rn

>>22899922
Megachecked. That is some mighty fine numbers.

>>22899971
heh, maybe im back in the saddle again.
i been down for too long

>>22899780
Most likely a big pullback in everything prior to the election while everyone shits themselves and hoards cash. It will be short lived though and money will quickly exit the system again when people realise how fucked everything is

>>22900008
But what do you think about this suggestion?>>22899394

from across the boundless seas
a floofy heroine does boldly stride

>>22900126
i like french toast, but strictly in a context of a traditional breakfast

>>22899158
hello, /ck/

>>22900171
Gotcha. Was trying to see if you wanted the unconventional to get some more different flavors. However, what is in that case >>22900008?

>>22889790
>1 post by this ID
We'll never know

>>22900217
finally Lady Britannia has arrived

>>22900621
Glorious. Good cop anon.

>>22900621
!!!

This fucking meme.

>>22900621
Jesus, how did a nitwit like you get so tasteful?

>>22890188
I think maybe by 60oz they meant like for an emergency situation, kind of like having $1000 cash for an emergency, not everyone stacks silver for the reasons we do

>>22900750
kek. the world is a strange and magical place

>>22899033
anon that mag is government and LEO use only....

>>22887006
IKR

/pol/ posters try so hard lol

>>22897057
Nah just regular .22

>>22900621
Oh man... that is super nice yuki anon

Very jelly, you have a real family heirloom right there.

>>22887698
holy based.

>>22900839

>>22900939
The greyhound looks retarded

>>22898583
You know that gold was cleaned and sold to the public. Look at your gold maple leafs. Now you know there's a chance that you are holding literal shitcoins and you will never know for sure.

>>22900893
thanks anon. she was $65/oz but I'm happy
looks great in real life

>>22901087
kek, only a negro or poo would commit this crime

>>22901180
affirmmative action diversity hire

and niggers wonder why no one wants to hire them or do business with them.
jus gimmi dat

>>22901105
One day your grandchildren will point to the Britannia Statue and ask you "Grandpa, is it true you could buy silver for only $65 an ounce back in 2020?"

>>22895393
I buy most of my online stuff from ebay. Every three months I get an ounce or so of free silver with my ebay bucks. I think I get 1% back on my debit card, too.

New
>>22901414
>>22901414
>>22901414

>>22901105
yeah i seen those and been tempted, Hard to put a price on that sort of thing, I mean they are actual art. Gotta treat yourself sometimes, and its going to bring whoever you leave it to some good karma

>>22900296
it's aggravating really

>>22894494
>>22894614
FWTDHW look good in cali

>>22895679
>>22895713
damn dude. I hope you're in a safe area, because if you've gotta get outta dodge in a pinch, you'll never be able to carry those

>>22896513
you sly poster. last time them huge boxes made everyone think they were full of bars or coins, instead it was silverware and candle holders. this time we expected the silverware and you surprise us with bars.

>>22900750
he knows how to enjoy the fine (and not-so-fine) things in life.
tl;dr he knows how to enjoy life

>>22900621
that's truly art there

>>22900939
that was the better design

>>22900621
also iirc britannia was one of the runner ups in the queen of /pmg/ pageant back in august

>>22900621
Fuck