/biz/ - Business & Finance

>>22947360
Nice bread baker.

Why is poured silver more than non-poured at many places? Is it a gimmick or is there something more to the process?

Fun fact:
Benjamin Franklin wrote a pamphlet encouraging the colonial population to support a paper money issuance. It worked and the colonial governments gave him the contract to print the notes!

Guy's, l think l bought a fake morgan dollar today for $25.
I tried the ping test and compared it to my peace dollar l have and it has a higher pitch to it.
Should l be worried?

>>22947456
theres an app to test it on your phone retard

>>22947456
I am not saying one way or the other but it seems to me like some of my constitutional of the same purity and denominations have different sounding pings but they still ring. Could be different alloys mixed with the silver? Maybe a difference in the reeds? I am not sure but just by sight they both look like silver. Should of seen the cast reichsmark some anon posted a few days ago on here

>>22947432
That is because there was not centeral bank. It was only the goverment who printed it. Look at this anon. https://youtu.be/UW2mVTlm7vw.. https://youtu.be/OYnJCZudWS0..
>>22947408
It cost more since it is hand poured, and usually made in smaller batches. It is like if you had a friend who makes their own silver bars with special logo for them. Of course it will be more expensive than those who pumps out thousands of bar a day. That is why it is held by people who are into designs.

>>22947456
On a second look the U in trust looks like a V TRVST, but I am not very familiar with those coins at all

>>22947589
I would think that places like Scottsdale Mint would have a way to assembly line pour their silver, no?

>>22947686
They do, but designs cost extra. Especially if it is beyond 1oz for a round. Look at the price of generic 2oz rounds in SD or MM. Those are more than double spot since it has extra design compared to generic 1oz. Scottsdale makes some lit silver, but the odd shape needed to get the lion coin mold is paid off by extra cost in premium. This allows Scottsdale to have a rotation of coins each year that are special for 1oz silver and gold. Tldr, it is mold cost, and ensuring the system works for a month or so in advance that keeps scottsdale silver cost up more due to the unusual oz size.

Well that cleanup was a bit underwhelming... just two grams in the sluice. I think there are a few bigger bits of gold still stuck in the sluice though inbetween planks that I ll have a look for later.

>>22947611
>On a second look the U in trust looks like a V TRVST
It's definitely fake. I'll take it off your hands for five bucks just because I'm such a nice guy.

>>22947456
Here's a morgan dollar i own, maybe you can use it for comparison

>>22947787
Was that the sluice in the water?

>>22947867
yea its a simple one I threw together from junk. Still catches gold perfectly but I thought I would see more with all the heavy metals I caught.

>>22947956
That's cool, never knew gold flowed through water like that

>>22947776
There are designs on all their stuff. What confuses me is why one of their very nice 5oz rounds costs less than one of their 5oz poured rounds or even cast bars. I assume both involve molds and assembly lines to produce.

>>22948073
Really? Mind sending me a link to that?

>>22948065
Why do you think you find it in rivers so often, anon? Geez, you silly goose!

>>22947360
When Nixon ended the gold standard did he make it legal to own gold again? Was Nixon actually based?

FORMERLY
WELL
TO
DO

>>22948106
Here you go. It's less than $10, but still. The 5oz coin is beautiful. I have a few of them so not sure why it's less.
https://www.scottsdalemint.com/product/5-oz-scottsdale-silver-stacker-round/

https://www.scottsdalemint.com/product/5-oz-scottsdale-silver-button/

Everyone chats about trading silver for gold when the ratio is suitable.
1. what ratio are you waiting for?
and 2. how do you even go about this without losing out on getting shit prices for buying and shit prices for buying I can imagine any shop just straight up swapping 30 oz of silver for its spot value equivalent in gold.

>>22948322
It might be because of the unusual shape of the metal which means they have to make it every time verses having one set mold to put it into and pump through those. SD has aztec that is higher fidelity and mass printed compared to the button yet the button is more unique than that. (aka the button is for collectors to get compared to stackers).
https://sdbullion.com/5-oz-aztec-calendar-silver-round

>>22948447
for me I just use the ratio to figure out what I'm accumulating in that moment

remember when elder scrolls oblivion released a cool bronze or copper coin? here it is

obverse has a bit of weathering. Is this worth anything?

>>22947408
it carries a higher premium for aesthetic reasons. its also not made in bulk quantities like other rounds/bars

>>22948065
It doesn't flow through the water, dirt is shoveled into the opening of the sluice and the water washes out the lighter materials. The gold sinks to the bottom because it's heavier.

>>22948648
6 septims

>>22947521
What is this app? Please explain

>>22947521
What is the name of said app?

>>22948726
kek based. Also admire my 2020 Wedge Tail Eagle

>>22948750
I've used pingcoin before but haven't gotten a complete sound to confirm for all my bullion out of cases including stuff I've bought directly from the mint sealed.
So maybe I'm not good with sounds and my technique is wrong (balance on one finger and tap with another of the same coin) or it's all fake kek.
Maybe take it to a coin shop and see what they say. You can know for sure the price and realness if someone familiar wants to buy it from you

>>22947956
Smg is talking about news on the pebble project. Worth going for NAK again if the price isnt moving ?

>>22948584
This I honestly don't plan on trading in my silver for gold.

If the GSR is over 40 I will stack silver if it falls I will prioritize gold

Reptilian Queen

>>22948629
>>22948648

>Debased imperial currency

Yikes

another shot of the Wedge Tail Eagle; the most superior Eagle

>>22948667
It doesn't look better, though. See >>22948322

Also, why wouldn't it be made in bulk?

Canadian Maple Leaf's are superior to all Aussie coins. Plus ours are worth 5$ in stores not 1$

>>22948971
> thinking fiat value is anything less than a tax dodge
yikes look at my 2011 kook bro

>>22948971

>>22949020
> same reptilian
And admire this one from 2012

>>22949054
I will admit, that is beautiful

Anyone holding Golden Minerals in their mining stock portfolio? Curious about them after Don Durrett listed them on his 10x list.

PM noob, I bought some silver last week. Is it a good idea to buy now? Or is it best to wait, I’m not trying to get rich quick. I want to hold it for the long run. Also I’m looking into mining stocks but it all seems so volatile and spooks me out, is there a good place to start looking into these stocks?

>>22948959
its personal preference aesthetically. I love poured silver personally. It also happens to be the cheapest right now so long as you buy 10 loaves

>>22949075
and this one from 2013

>>22949086
This looks to be a 10ozer
I'd say you've done better than me lol
I initially bought 2 1oz bars, then 3 1oz bars, then a 5oz and 2 1oz coins. Good move going big with the 10oz

>>22949099
Very nice indeed

>>22948871
I saw Donalds son wasnt a fan of it because hes worried about fly fishing being destroyed. As the son of a fly fishing / hunting guide I agree, Pebble could be a disaster for salmon if not managed properly.
>>22948065 I am shoveling the pay dirt into the sluice like >>22948717 said, than i pull the matting that catchs the gold out and wash it than pan the concentrate to recover the gold.

>>22949099
shit wrong pic

>>22949137
The detail is impeccable

>>22949131
>>22949075
>>22948971
I love maples more than roos though fren you got me there

>>22949157
I want either a 10oz or kilo roo, and desu you've got me beat by a million yards with your stack so don't mind me ;)

>>22949098
10 oz loaves*

>>22947956
ever pull out a trout for lunch?

>>22949111
I bought this back in March on a whim and honestly forgot about. I randomly got back on /biz/ and I decided to buy a bunch last week, about 50 oz.

>>22949168
those are beautiful with their detail. The maple leaf is an epic symbol

I am currently in another Online meeting for Osisko Gold Royalties Barkerville Gold Project, this one on their exploration work so far this year. Any questions you guys want me to ask them?

>>22949168
Maybe next year perth mint will be less jewish and actually stock silver. Meanwhile I'm comfy hunting more aussie fractional

>>22949191
not on my Lightning creek claim no, but on my Cunningham claim I can get a trout no problem.

Bought these during the dip, got a decent premium for the 5 gram bar too

>>22949273
awesome, you need to offer a pmg PAN MAN adventure, 200 bucks for a day in the wilderness

>>22948871
As someone who lived in AK for more than 20 years, pebble probably isn't happening. The leaks and the responses to them were front page news here for most of last week. I'm convinced that the whole debacle was a planned political move by the guy running against the sitting senator whose seat is up for grabs in november.

>>22949284
great color

>>22949447
a partner on some of my ground at Canadian Creek wants to start taking people on panning / mining trips for tourists. If we start doing that sort of thing, I will advertise it for sure.

>>22947360
How worried do I have to be about fake junk silver? I’ve heard that there’s fake Chinese half dollars out there and it concerns me

>>22949500
PAN MAN, have you heard of Azarga Metals in Siberia? Copper/silver microcap. Would love to hear your quick opinion on them if you have a minute.

>>22947956
I posted last night about gold panning for the first time. Spent about 4 hours out there, had a great time. Unfortunately, I must have found a bad spot or I am doing something wrong, as I didn't find anything in particular. The best parts of the stream are on private property so I was stuck near a campsite I found.

>>22949720
yes I looked over this project a while ago. They used to have several major placer / hard rock prospects but now it seems they only have their Unkur Project on their website. Its a major tonne project and I need to reread a bunch of the info, but from the work they have done it could be a world beater. Let me deep dive them again tonight and I ll get you a better idea of whats going on.

>>22949784
sorry to hear bud, but keep at it. Watch some panning vids from guys like askjeffwilliams or Dan Hurd on youtube, they can explain better than I can on what to look for. If you give me the name of the creek your looking around I can have a look at the ground and see if there is anywhere specific to try.

>>22949082
Yes. Decent small cap. Turns a small profit. Has more cash on hand than debt. Still exploring its properties. Some of its properties r in Argentina, rest in Mexico. Stock price been bouncing between. 39 & .45 for a while.

>>22949500
Aren't you near Kamloops Pan Man? I'd imagine that would do pretty well

>>22950160
I am in the Cariboo district, flipping between my home near PG and the village of Wells BC. I think we could do pretty well too, the issue is you need liability insurance when dealing with the general public.

>>22947360
Biught 33 oz on kitcos metal pool for 24.14 just to get my savings out of my bank, should i buy silver now or wait for prices to go lower? I see that in Cali purchases over 1.5k are taxed, should i make 1 huge 4k purchase or go aroumd buying 1.5k and under for silver oz so i dont pay tax? New to biz from K, and first time buying silver already had ammo stocked since 2018.

>>22949860
Williams Creek in Liberty, Washington.

MY STUPID SILVER IS WORTHLESS!!!!!!!!!!!!!!

>>22950412
and yet it is still shiny af

>>22950371
O excellent choice, try the diggins out it has some info for you on the area. https://thediggings.com/mines/12566

Bros the Canadian Maple leaf is so beautiful

I just got 10 in the mail and they are so beautiful.

Next up is to get my hands on some American Silver Eagles

>>22947611
>this is what an "english-speaking" american knows of his own language
There is no u in the latin alphabet. v and u were the same letter until a couple of hundred years ago.
Double-u (w) is made up of two 'v's to differentiate the "wuh" and the "vuh" sounds, and 'u' represents the vowel of the same sound which comes post-consonant (like queen).

>>22950926
NEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEERD

>>22950839
>https://thediggings.com/mines/12566
This is amazing brother, thank you. It's only about 90 minutes away from me, but I did feel I was not being as productive as I could have been.

Very nice to see pmg running real slow lately. Looks like we've consolidated well and a lot of momentum chasers have been wrecked lately. A pretty strong contrarian indicator. Pink wojacks and silver FUD back. Next three months are an accumulation stage. Stay comfy.

Can't afford bats, but this is the next best meme coin. When does "Let my People Go" become the goyim's motto?

Hey bros, looking to buy Junk Silver, I’ve only bought new coins and bars before. Anything I should be looking out for? And what’s a good premium here in the US.

>>22950214
The bill includes giving stimulus checks to illegals and temporarily halting deportations of illegals, so the Republicans will never accept it.

This bill was made to make the Republicans reject it and make the Republicans look bad (for blocking stimulus).

>>22951211

>>22950214
It's the other way around, purchases under 1.5k are taxed. Above, they are not.

>>22951305
lol you got a link

>>22951374
Just google this headline:

House Democrats’ stimulus bill includes stimulus checks for illegal immigrants, protections from deportations

>>22948750
>>22948752
Literally called CoinTester on iPhone App Store

Why is silver so much more expensive in EU compared to the US since the coof started?
I hear anons getting comfy deals in the $24-25 range in the US and here in EU we can't find shit below $29...
THAT SUCKS HARD BROS

>>22949231
Learn anything interesting? Always appreciate the Barkerville updates.

>>22951449
It's because metals are pegged to the USD. For non-USD holding nations there are more hurdles to make before metals arrive to your country.

Also volume. There are tons of metals stackers and there is a massive community in America, so imports can be made cheaply in massive volumes. In a smaller country where there is less demand and its currency less valuable to the metals market, you can only import less at a time and have more expenses over all.

>>22951211
>Next three months are an accumulation stage.

Three months is optimistic anon. I don't think we'll be that lucky. I don't expect things to stay quiet much past October.

>>22951509
Barkerville Gold Mines current new plan for exploration includes 8 more operating diamond drills on top of the already planned 10 for this winters work, and a new adit to test a section of ground drilled two years ago. This area is only one km from the existing Bonanza ledge workings and will be used to test vein runner style underground loaders and haul trucks as well as a new mobile pre crushing plant that will speed up shipping ore to the concentrator plant. Other than that they showed off some amazing ore photos, a few women bitched about how they dont want the project. Nothing earth shattering. I will keep updates coming as I get them.

>>22951605
Yea you're probably right. I'm expecting sideways choppiness for a while. Are you expecting downward movement in the coming months, along with the price correlation downwards between PMs and the broader market? I don't mind downward movement happening in the broader market as my bet on PMs is a bet on FED intervention happening as soon as things get shaky, bolstering the PM fundamentals. The temporary correlation doesn't matter much to me as I think it's only temporary and we're just looking way too short term.

>>22951643
Awesome stuff. Thanks for the updates

Commissioning a custom 10oz bar lads, I'm exited :)
Pic related, I need dinosaur silver.

>>22951815
Please post how you commission custom silver please. I was wondering about that today actually.

>>22951341
Ahh thank you i read wrong, should i buy an ounce of gold, or 4000+ ounces of silver? I was going to get a gun but if there will be another stimulus ill just buy one then.

The lack of BHLL Prepping in this bread is alarming frens.
I tried to warn you.

>>22951859
>an ounce of gold, or 4000+ ounces of silver
invest in math

Dubs for +5% tmrw

>>22952198
rofl

>>22951859
bro seriously spend some of that money on a math tutor. also buy the silver, it's a better long term play.

>>22951855
There's a guy on r*ddit who does custom work.

up from here silverbros, the meme lines don't lie

>>22952198>>22952367
Why do think im buying silver? Kahn acdemy is 10 bucks per grade I've been fucked ever since my mudslime math teacher couldnt teach us algebra 2, I meant 4000 USD in silver.

>>22952387
As much as i find TA totally retarded and astrology-tier, i must admit your memeline is pretty solid so far. Imagining it keep being right, how long before $50/oz?

>>22952387
nooo bro, i'm just a wageslave, need more time to stack my miners

>>22952286
N

>>22948134
based anon

>>22948910
>tfw you never bought the '2 zionists sunbathing' coin

>>22952616
>spot goes up
>miners crab
>spot crab
>miners go down
>spot go down
>miners crash
Sounds like you have all the time in the universe to stack bro.

>>22951815
Interesting. Please post more info

just found out my wife ordered 10 ounces of silver without talking to me. I'm annoyed she ordered it without saying anything, but always happy to have more silver. what should I be feeling here?

>>22953073
Your wife cares about your long-term wealth.

>>22953073
Pride.

>>22953073
She was worried that your stack was pic related and that she one day may have been forced to suck off Tyrone and his crew for a small link of silver from his silver chain he wore in his rap album.

What 10 ounce did she buy? How much was it? Where did she buy it from?

>>22953109
she said she did it because we had a half empty roll.

>>22953073
Be happy ur wife is smart, do something that will make her happy but dont tell her or talk to her the whole day as you usually would act conspicuously .

>>22947360
It's funny, I had some of those in my cart a few days ago at BGASC but didn't complete the order. I was wondering why I never see them posted on /pmg/, they look quite nice

>>22953160
especially since they're asahi no less

>>22951449
silver is a strategic commodity.

That it is even available for this cheap is a miracle in the first place.

>>22947456
Run a magnet test...

>>22953390
>>22947456
If you do a magnet test, compare it against a real dollar, fakes containing a lot of copper can be confused for silver if you aren't paying attention.

>>22953328
>silver is a strategic commodity.
>That it is even available for this cheap is a miracle in the first place.

correct

Why did DXY dip?

Welcome to October lads! Hopefully, the dirty tricks of the (((COMEX))) are over!

>>22951300
Call various LCS and bullion dealers and ask how close they'll go to "$20 a dollar for junk silver." The closest one to 20 is the one you go to

>>22952495
$50 silver by spring 2021 is my prediction

>>22949253
stacking Aussie pre-decimal is damn comfy

>>22953652
Think itll drop down to 22.90 or 23.30 tomorrow morning bros? Was I a day late for 23ish OZ silver? Will it go down again in Q4 ?

>>22948790
Very nice. Just got a 2020 1oz Kook in the mail today myself.

>>22948971
>basing PM coin values off their FIAT value
Unless it was literally more in FIAT than what you can buy the coin for, who cares.

>>22947360
I think Papa Trump just did us a solid /pmg/ gents. Signed only 6 hours ago
https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-domestic-supply-chain-reliance-critical-minerals-foreign-adversaries/

>>22953678
I’m confused by this phrasing, I’ve never bought junk silver either. Could you explain a bit more? Or what it means to say that so I don’t look like an asshat

>>22953994
"$20 a dollar" essentially means just that. $20 for every dollar of junk silver. So 10 dimes for $20. 4 quarters for $20. 5 dimes and two quarters for $20. $1 face value of junk silver coins for a $20 bill.

>>22953872
The American, Canadian and Mexican mining sectors are going to love this.

>>22953994
Junk is valued by it's face value, 1.40 of US junk is 1 toz. $20/dollar means paying 20 USD for 10 dimes, 4 quarters, or two half-dollars.

>>22953994
Sure lol. LCS charge you a certain amount for every $1 FV (face value) of junk 90% silver coins, (10 silver dimes, 4 silver quarters, 2 silver half dollars or 1 silver dollar).

So in simple terms when you purchase $1 FV of junk silver, they charge you $20 for it. In LCS lingo "$20 for $1" = "$20(USD) for $1(Face Value in silver coins)" You can specify whether or not you want dimes, quarters or half dollars.

(Also of note is $1 silver coins usually have a higher premium)

>>22947456
ask in pawnshop

>>22953872
Looks like the Mexican American war for the largest estimated lithium mine deposit on Earth in Sonora is finally on the menu

>>22953872
oh baby

>>22954025
>>22954044
>>22954102
Thanks y’all. Gonna make some calls tmrw

>>22954220
Christ, I don't wanna think about what would happen if mexico decided it wanted to do 21st-century warfare against the US. That would be a bloodbath as every single enemy of the USA would pile in immediately.

>>22949829
Thank you. The 5m market cap and jurisdictional diversification of Russia is very intriguing, even though this is as risky and speculative as it gets. Curious if silver miner anon is lurking.

>>22954349
The cartels could always poison the drugs they sell to US consumers or lace it with something that effects the user like bath salts. Imagine 1000 of people on balt salts in 1 city

>>22954444
...not a happy thought. I'm glad I stick to locally grown weed.

>>22953678
Could probably negotiate better, mine are doing 18.5 on the dollar.

>>22953872
Oh fuck is it go time for miners?

>>22952475
Yeah, but still, 4k USD can buy you TWO ounces of gold dude.

I don't think this was your Algebra 2 teachers fault my man.

>>22954796
Oh no, I've been on the liquor since sunday, typed a little to fast didnt reread what i wrote. I need to stop drinking.

>>22953872
The list of critical minerals was listed in an EO from 2017

>https://www.federalregister.gov/documents/2018/05/18/2018-10667/final-list-of-critical-minerals-2018

>The final list includes: Aluminum (bauxite), antimony, arsenic, barite, beryllium, bismuth, cesium, chromium, cobalt, fluorspar, gallium, germanium, graphite (natural), hafnium, helium, indium, lithium, magnesium, manganese, niobium, platinum group metals, potash, the rare earth elements group, rhenium, rubidium, scandium, strontium, tantalum, tellurium, tin, titanium, tungsten, uranium, vanadium, and zirconium

Nothing in there about gold/silver/plat, but if this EO is going to have teeth, its going to have to drive up the cost of importing Chinese metals and subsidize domestic production. Good for US miners, and potentially Canadian and Mexican ones to if the US is incentivized to import from other nations.

>>22954909
Scratch that: I'm a fucking illiterate coal black gorilla nigger retard.

>Platinum group metals
Yep, its go time boys. Foreign PM tariffs are on the menu.

>>22953872
THANK YOU MR. PRESIDENT!

>>22954909
There is a junior silver miner that our trusted miner anon mentioned a while back that had a property in Idaho or Nevada or somewhere like that. Anyone remember the name of it (not Bayhorse)? I'm looking for a silver microcap miner in the US to put a few dollars in, considering this new development.

>>22954936
>>Platinum group metals
Ag and Au not in the 6 PGMs

>>22952908
Too real man, too real.
t. Someone whos largest miner holding is FM

Is it too late already to go into miners?

>>22954444
>Implying the cartels would destroy their source of income
>Implying the cartels want people addicted to substances they can order online legally
>Implying the cartels want to kill their customers

They on smg are extremely bullish on nak, however they might just be meming

>>22955744
Mate it's literally only just begun.

>>22953120
ewww
hope you gave them flea collars

>>22955056
I FUCKING LOVE THE PERIODIC TABLE

Why are 5 and 10 rouble gold coins so pricey? Way more than gold marks or sovereigns?

>>22956827
Did you hear oxygen and magnesium got together? OMg

78 Pt platinum: [Xe] 4f14 5d9 6s1
1s2 2s2 2p6 3s2 3p6 3d10 4s2 4p6 4d10 4f14 5s2 5p6 5d9 6s1
2 8 18 32 17 1
79 Au gold: [Xe] 4f14 5d10 6s1
1s2 2s2 2p6 3s2 3p6 3d10 4s2 4p6 4d10 4f14 5s2 5p6 5d10 6s1
2 8 18 32 18 1
80 Hg mercury: [Xe] 4f14 5d10 6s2


ALL WE NEED TO DO OIS ADD ONE ELECTRON TO pLATINUM AND MAKE IT gOLD

oR REMOVE ONE ELECTRON FROM mERCURY AND MAKE IT gOLD.

>>22957102
Changing the amount of e loli electrons an element has ionize's it. It doesn't change to a different element.
You're looking for protons anon.

>>22957201
we should be able to solve this!

i want more vintage silver

>>22951815
rawr

>>22947360
Silver is more volatile than shitcoins right now. 3-4% daily moves, kek

>>22953802
Day late me 2 it's sad. But still ok

Silver is a chemical element with the symbol Ag (from the Latin argentum, derived from the Proto-Indo-European h2erǵ: "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal.

>>22957984
>the highest electrical conductivity, thermal conductivity, and reflectivity of any metal.
silver is the most based of all the PMs

Together with gold and the platinum-group metals, silver is one of the so-called precious metals. Because of its comparative scarcity, brilliant white colour, malleability, ductility, and resistance to atmospheric oxidation, silver has long been used in the manufacture of coins, ornaments, and jewelry. Silver has the highest known electrical and thermal conductivity of all metals and is used in fabricating printed electrical circuits and as a vapour-deposited coating for electronic conductors; it is also alloyed with such elements as nickel or palladium for use in electrical contacts. Silver also finds use as a catalyst for its unique ability to convert ethylene to ethylene oxide, which is a precursor of many organic compounds. Silver is one of the noblest—that is, least chemically reactive—of the transition elements.

>>22958057
>Silver is one of the noblest
the coin of the Noble anon

>>22949253
I inherited like 9 round 50 cent pieces and a whole bunch of other old pre decimal silver coins from my great grandma, very comfy

>>22954909
>>22954936
I was gonna say, reading into it the EO also states something along the lines of "while those 35 minerals are the priority, the administration wants to encourage mining production overall to reduce all reliance on China PM production"

>>22953631
Stimulus optimism. At this point it doesn't even matter what sentiment it is. The FED cannot do sth alone against deflation because banks are just hoarding all the worthless paper. Congress will be forced go sign a deal asap, but then again we have this shitty POTUS shitshow. Short term anything can happen. Mid and Long term the only way ist up, up and beyond.

Silver is used in solar panels. Even if precious metals don’t boom, that in and of itself is enough reason to have at least some exposure to silver in your portfolio, especially if Biden wins.

>>22951305
>This bill was made to make the Republicans reject it and make the Republicans look bad, again (for blocking stimulus)
FTFY
This is Nancys third attempt at this and it never scores her any points. She really is a third rate politician

>>22954444
Unironically, this may push the Administration to designate cartels a terrorist organization

>>22958015
>>22958092
Lol, keep coping goldlet. Only the Gold Chads will inherit the earth, the poor man's gold is just a coping mechanism.

>gold bumps back into 1.9k
Damn

Well it's Oct 1st. Looks like JP Morgan is still in the rigging business

>>22959078
When will this stop? Surely people are noticing these sudden dumps occurring literally every morning. How much longer can this keep happening?

>>22959159
Keeps happening until the Government sees benefit in an unmanipulated market, when the manipulation fines outweigh the gains earned from it, or when the risk and jail time of this level of manipulation is severe enough for them to stop.

Although I believe the last point will never be a concern to them, because they'll just throw some mid-level manager in front of the train if it comes to it.

>>22958796
Gold is OK but has no real future; it is indeed a barbarous relic of our rock collecting past.

Silver however is the core, fundamentally critical elemental backbone of humanity's technological progress through this century and beyond while ALSO sharing with gold the same old barbarous history as a shiny monetary rock.

The trajectory is clear; us silverchads will go forward, prosper and inherit the universe while you unimaginative Goldberg's will stagnate and continue squabbling over literally useless rocks. Keep it up fren, more silver for the Chad's.

>>22959343
Soon silverbro, soon we will retire in our 30 millionnaire not having to wageslave anymore.

>>22946706
Directly? An act of Congress. Indirectly? Banks starting to significantly grow lending. But I honestly don't think we get the latter without the former anyway. The PM market is entirely dependent upon what Congress does and when it does it. Many scenarios can play out drastically different based upon this. Long term, it's almost certain that they can't get out of this mess without pursuing a course of action that is bullish for PMs. Short term, there are many actions they can pursue along with inaction and delayed action that can really screw with PM prices. Don't get leveraged. If you have a stoploss, they can see that and knock you out. Unless you are a pretty seasoned trader, stick to stacking.

And yes, another role for PMs that may be very relevant to us in this current time is to preserve wealth to the other side of a monetary reset into a new monetary system.

>>22959343
I think you dropped this.

>>22959343
Henlo, based department?

>>22959376
>Soon silverbro, soon we will retire

Indeed friend, it's absolutely crystal clear to me now. The future trajectory of Silver; most beautiful, based and wonderful of all the metals in the universe will rip the faces off backwards goldbugs. I'd almost feel sorry if they weren't such smug retards.

About halfway to the 10,000oz goal now, got some gold too of course but yeah for us young men silver is the obvious choice, gold only makes sense for old tired risk averse boomers who can't count on living much longer, and of course those mentally ill semites who've worshipped the stuff for millennia.

Goldberg's tricks don't work on me anymore; I'm riding the silver sunrise and look forward to seeing all my Silverbros prosper on the other side of this. Stay strong and hold tight fellas.

>>22949086
Anything out the door for less than $23 I'm buying some, $22 more, $21 more, below 19 I'm waiting for low teens. Spot should bottom around $20, any lower and we've got a fucked up correction going really deep.

Price check on this? Anyone own it? It's 90% pure, still 1oz of silver. I can pick it up for just under 30 bucks (26.50 euro) from a private seller. Worth?

https://en.numista.com/catalogue/pieces94678.html

Morning is up for miners.. didn't buy my aumn, in time I see. Hope they all go down again..

And like that Dollar index is positive and silver negative. Kek

>>22959343
Kek, just admit you are too poor to afford gold.

Anyone have juicy insights regarding who exactly JP Morgan has been stockpiling silver for and why? SchizoFoil frogposter's notions about a silver backed Western monetary union balancing an eastern gold backed currency were mighty interesting, but now people like David Morgan are hinting at the idea that JPM is just a front and hoarding on behalf of either China or the US gov't, latter being most likely.

What could be going on behind the scenes? Is a silver backed CBDC actually possible? More mundane reasons, like projected military/defense requirements for silver this century seem more superficially likely but the obvious and impending need for some sort of stable trustworthy money to eventually replace this cluster is an important consideration.

Anyone have thoughts or more info on the matter?

>>22952475
Fren if you're still checking the thread start with the cheapest silver you can find. If you ever need to liquidate you won't have to sell almost all of it

>>22960611
It could really be as simple as: They know the monetary system is in its terminal phase and within any small number of years, there will be major changes. They could just be buying up one of the assets that will be very good for preserving wealth...thus assuring that they are a player at the table when the new rules are drawn. They have other assets for sure and aren't going all in on silver. They are just rich enough that what looks like "all in" to us is just another allocation of preservation assets to make it through to the other side.

Morning folks. Woke up to see gold above 1900 and silver down.

WHIPSAW WEEK IT IS!

>>22960812
Simplest explanations are often best thanks anon, but the talk about JPM's silver going to military bases and the joke that was the public theater performance of the 920mil slap on wrist for manipulation, plus the chatter/speculation from silver experts about JPM stockpiling for the government complicates my understanding of the situation, seems like some bullish machinations may be occurring behind the curtain beyond rational asset diversification and positioning.

>>22960294
>not buying both
>not buying other physical assets as well

NGMI

>>22961103
>seems like some bullish machinations may be occurring behind the curtain beyond rational asset diversification and positioning.
It's possible, but the reality is that...
>silver is under $30 spot
>very soon we will run out of silver produced under $30
>silver price will rise so we can produce more silver
>repeat for all relevant levels
Simple as.

>>22960294
Kek, just admit you are too stupid to get silver way below spot.

The last half ounce of gold I got then had refined a few months ago cost me less than $150 total btw, the yellow crap simply ain't worth more than that. Have fun wasting money 'tard, absolutely NGMI hahaha.

>gold up
>miners down
I've been here before, and I know just to wait, but still.

>>22960611

it's a scarce resource with many applications that's currently pretty cheap. used silver often cannot be recovered economically or at all. it's pretty much settled that the price will go up sooner than later. there's not even twice as much fine silver as there is gold, and silver is used at a higher rate. i don't think gold will crash but i don't think it has the same potential to increase.

>>22961194
So simple explanation is that they're hoarding cheap silver now because they know it absolutely must rise in price to match increasing costs of production in future decades? Good enough for me, still rollin for a silver CBDC moonshot tho.

>>22961344
all my miners are up anon. Its really just a matter of what you have and when you bought it

One year of stacking and saving :’) thank you /pmg/

>>22961344
A lot of potential risk with equities due to deflationary pressures. Same thing with miners specifically in that people may not be thinking metals prices will hold in the short term in order for the miners to really profit much. I sold my miners before the last little dip we just had and only dipped my toes in a little in GOLD at $27.50, but I'm staying close to the exit in case Congress drops the ball again on stimulus and we see another leg down.

>>22961251

hoarding junk silver is kind of a weak play unless you can get it very cheap. fine silver will command a higher price. why let JP morgan buy it all?

>>22951815
How do you do this and what does it cost

>>22961514
I have both, but I like junk silver because it's actually made to circulate. 90% alloy makes it durable. 999 is not that great for actually circulating as money. I like 90% silver and 90% gold.

>>22948447
I was thinking 2/1

>>22961422

checked and inspiring, brother. Waiting for over 12k in PUA backpay to hit and I am going to settle some debts and buy at least 100 oz tomorrow, is the goal.

>>22961375
>used silver often cannot be recovered economically or at all.

Certainly not at these prices, believe me I've investigated scrapping electronics and appliances for their PMs and aside from the silver/cadmium contacts and some palladium components most isn't remotely worth the time unless you get big ancient 1960s computers or the like loaded with gold.

>>22961520
A guy on leddit, and like $32 an ounce. Not great, but worth it for some interesting pieces imo.

>gold dumps and immediately pumps

Oh boy are we gonna triple top again today can't wait thank you le based man

>>22961514
I get it refined and ingots returned at a total cost well below spot fren, it's actually a very strong play if you know what you're doing. I do hoard valuable antique silver pieces too good to melt though, another strong play as I'm very experienced dealing in antiques and can get top collector dollar for the good stuff I bought for half of melt value. Been trying to get anons to open their eyes to another stacking strategy, it's definitely the best and cheapest option for me.

>>22961578

it tends to be very polluting as well.

part of me simply doesn't trust digital currency. hardware backdoors are ubiquitous, and so are software bugs and other flaws. i can see crypto supplanting gold to some degree as a store of value but a commodity like silver has plenty of other uses and the benefit of physical security.

>>22961734
>I get it refined and ingots returned at a total cost well below spot fren

if you have those resources and connections that's great. i do not.

This man's bank has allowed you to buy silver below the market clearing price for a decade
Reply "Thank you Mr. Banker" to be blessed with discounted silver until the moment of fiat collapse.
Ignore this post and pay high premiums forever.

What miners are you guys looking at today?

>>22961422
>That box

I understand decoy boxes but have some class for us

>>22961766
You have an internet connection, access to eBay and the ability to call and communicate with refineries right? If so, you have precisely the same external resources as I (95% of my scrap comes from fresh eBay buy it now deals), just less confidence and experience which can only be developed by doing it. Nothing stopping anyone here but themselves really.

>>22961890
scrapsberg, when do you buy weighted stuff? what's the formula. Also could you post a guide with how much different silverware items usually weigh?

>>22961890
Do you primarily find things labeled as sterling? or do you find the stuff people don't know that's silver?

>>22961890
not true! you keep snagging all the good stuff!

just playing, but man, having nothing but nice poured bars is pretty cool man.

If people hustle ebay, estate/garage sales, its actually pretty surprising what you can find. Been getting a decent amount at spot or below spot because i put the effort in to find it.

>>22947360
What's the word on uranium and the like?

annnnnnnnnnnn whip saw go up

>>22961407
I got in around June/July after jumping into PM ETFs around March. A lot of those Miners aren't talked about anymore, but have risen quite a fair bit. Still crossing my fingers MUX Q3 earnings will redeem its mediocre performance up till now.

>>22962159
Long term play, right play but so early may as well be wrong.

>>22961956
>when do you buy weighted stuff?

I really like getting the weighted sherbet/ice cream cups, weighted sugar and creamer sets, and weighted salt/pepper shakers (can be dangerous, avoid Duchin Creations brand and anything with a glass bottle insert in the body). Unless they're really crappy you usually get 80+ grams from a sugar/creamer set, lightest sherbet cups I've seen yielded about 30g but usually around 35-40g from them. Good weighted brands like La Pierre creamer/sugar sets can yield 130g. Basically, I immediately buy every creamer/sugar set if total cost is 40 or less, many sets if they look good/heavier/sturdier and total cost is under 50. Similar for sherbet cups, I'll immediately buy if they are 15 each or less, 20 each for better looking ones. Many weighted pedestal compotes around 6" tall and with a ~6" dish yield around 60g, hard to say as I don't see them priced cheap as often so don't have as much experience breaking them down.

>>22961957
>Do you primarily find things labeled as sterling?

On eBay yes, I search "sterling" in the antiques subcategory, BIN listings only sorted recent first then just refresh periodically when hungry for scrap. Often sellers are retards though so make sure you actually see the sterling stamp or proper hallmarks in the pictures. Sometimes I dig deeper and look for mislisted things but yields for the time investment tend to be lower, I like the fresh BIN deals.

>>22962206
Yeah I dropped my MUX and consolidated around AUNFF and GPL. GPL being my best preforming.
I might live to regret the decision but who knows.
wishing you all the best anon

>>22961855
Imagine spending money anything that’s not bullion

>>22962206
yeah MUX just seems really undervalued right now. Excited for a lot of earnings for q3 on many companies.

>>22962159
This.

I'm just a speculator, but utility stocks go parabolic AFTER we start to recover. I still see turmoil in the coming months, so am hoping the next leg up to $2500-$3000 gold to diversify into some of those.

The only thing I'd be worried about is if Uranium is sidelined for meme solar and wind, while the real heavy lifting energy wise is still done by Fossil fuels this next decade.

>>22962290
My list if you're looking to reallocate. Some are just on here for the laughs - notably AUNFF

>>22961422
breddy good stackin fren

>>22961822
NCP

>>22959159
please learn about resistance and thing like that chart patterns and you will realized there is some reason to it. it double topped other day and didnt pass which is a bear flag

>>22959159
which might occur right now i hope not but it struggling at the top here agian

>>22958641
There is no mention of precious metals in the EO. Although gold and silver mining are going to affect the economy positively regardless

>>22962331
Yeah we will be hitting 3000$/oz this year, most def.

>>22962041
>not true! you keep snagging all the good stuff

LOL! Actually well less than 5% of it honestly, and I'm pretty sure at least some /pmg/ silverbros have joined me as I've had a few deals disappear before I could pay which didn't really happen before, hah. I knew I'd be creating competition by sharing but that's fine, I want my Silverbros learning about other options and becoming more resilient as that will ultimately make the world a much better place than me just being a greedy scrooge.

ACTION MESSAGE ALL AGENTS,....

STANDBY ONE,....

ACTION MESSAGES ALL AGENTS,...

STANDBY ONE,...

ALL AGENTS,...

ACTION MESSAGE FOLLOWS:

JM Bullion Sale on Peace Dollars is underway,...

MESSAGE REPEATS:

JM Bullion Sale on Peace Dollars is underway,..

ALL AGENTS PROCEED TO OPERATIONAL NODE

REPEAT, ALL AGENTS PROCEED TO NODES

>>22962515
You're a good fren

>>22962560
PEace dollars are overpriced

>>22962560
Agent Stacker-406 responding,...
message received five by five, over.

>>22962512
In order for us to see $3,000, we will need one of two things to happen: 1) Congress needs to authorize a MAJOR stimulus package. The $2.2 trillion is not going to do it. These have temporary effects before fading to allow deflation back through. 2) Major political instability after the election where civil war or "troubles" goes from doomer wet dream to actual probability.

>>22962696
I meant to say, $3,000 before year end.

>>22962645
your mom is overpriced

>>22962560
They can be had on ebay for like $25 shipped, what's your point?

>>22961734
i did some electric work at a person house that was an antique art dealers house, it was amazing i have been to some of best museums in the worl it it was up there. i want to get a picture but i didnt want him to think i was casing it i am younger guy. most people my age that look like me arent interested in those things

>>22962721


Hey nigga, it's supply and demand

>>22962727
>*You can be ripped off on ebay by kikeniggers for like $25+"

ftfy

>>22962754
Indeed it is sir! However, the got man seems to be making a comment as to the quality of the service being rendered by your relation. The gentleman seems to think it quite unsatisfactory compared to the prevailing market rate! Unless your mother is able to increase the quality of her offerings the market will soon begin to discount her production as this knowledge becomes widespread. Take heed!

>>22962560

I can drive 15 minutes and get cheaper silver coins than this sale deal.

>>22962858

> take Sneed

Klondike Silver up 15% today

Twitter account with 17k followers just tweeted after, not before the price rise:

"$KS.v big volume last few weeks, will double fast but then after?

Klondike could go 50x if they restart production"

https://twitter.com/TheLastDegree/status/1311691430902063104

>>22962560
kek
International stacker browses PMG it sounds like

Klondike Silver up 15% today

Twitter account with 17k followers just tweeted after, not before the price rise:

"$KS.v big volume last few weeks, will double fast but then after?

Klondike could go 50x if they restart production"

https://twitter.com/TheLastDegree/status/1311691430902063104

>>22962881
maybe you can. I cant. I would have to drive 6 hours and no guarantee they are willing to sell anything at these prices
And I would rather rely on JM Bullion than deal with sorting through ebay sellers to find the amount of coins i want at any price that compares to this.
JM Bullion is reliable and known to me and has large quantities, ships fast and free

>>22962936
The only thing holding them back is that they need underground miners, and they are all currently hired for other projects right now. Barkerville Gold Mines has the same problem too.

>>22962966

Sorry Pan Man, you were replying to >>22963035

Had to delete because I used the wrong picture (this one from Patrick Karim yesterday)

>>22962743
Keep your eyes peeled over the next decade, amazing collections of all descriptions will probably get liquidated at estate and bankruptcy auctions like happened in the 1930s when for example collections of badass original medieval suits of jousting armor were sold literally for pennies to iron scrap collectors. I'm anticipating one epic buyer's market for rarities and valuable art/artifacts in the coming chaos so keep it in mind and don't hesitate to buy those 5 dollar Picasso lithos and Dali sculptures and whatnot from bankrupted collectors if that time comes.

>>22962696
Why would big money flow into PMs after more stimulus? It seems like value equities would be the top choice in that case. I think $3k gold needs election uncertainty + stagflation, which we might get with more lockdowns or supply breaks and then stimulus via US CBDC

PM newb, am I better off owning physical metals than investing in stocks/ETFs?

>>22963083
I hear that. my instinct tells me its coming. I'm already seeing early signs of this in real estate listings and classified ads for general merch.

We're all going to be Warren Buffet buying low when the blood is in the streets

>>22962696
>2.2 trillion is not going to do it
If you ascribe to the Keynesian economic school maybe. But stimulus isn't a solution, but a cheap insulin shot to a diabetic economy.

Every additional injection is just another proof that we need expotenitial stimulus to keep the wheels on the bus turning.

>>22963019

I guess I have silver privilege. reeeeeeeeeeeeee

>>22963068
no prob, would love to see Klondike come online, it might attract people to rebuild at Sandon again.

>>22962696
Of course there will a bailout, most population is currently unemployed, companies suffered a major downturn since April and will need business relief loans, most local and state governments have run out of money.

>>22963105
>election uncertainty
You are going to get it
The dems are going to do everything they can to create doubt about this election and that is part of the reason the GOP is making sure to get their supreme court pick in before that happens.
Shit is going to be crazy come November.
One of the reasons I have taken up brewing wine. I refuse to be left without booze if things get really crazy.

>>22947360
what is /pmg/'s thoughts on Eldorado Gold (EGO). Trading at 0.6x book value, revenue/net income growth should soar along with the rest of the mining sector, currently is a 7x to get back to 2011 market cap high.
Why is the market assigning it such a low value? the greece/turkey shit? (most of their operations are located in those two countries).
From a valuation standpoint it is so attractive relative to the rest of the sector, but is the turkey/greece conflict really this serious?

>>22948971
>A FUCKING LEAF

>>22963362
Based, I learned how to make wine/cider/kilju in college. I don't drink anymore but I remember exactly how to make it, could have 20 gallons in a week and a half if i went to the store today.

WE'RE BACK OVER 24 BOYS, THIS IS IT!!!! STRAP IN FOR THE MOON RIDE OF THE CENTURY!!

>>22962936
wtf why this get deleted... its an on topic post with a graph of mining stock

>>22962966
50x? Yawn. Add another zero to that!

>>22963454
You needn't worry about that

>>22963208
This is what I believe too. We have massive deflationary pressures in play. The first round of stimulus reinflated temporarily before the deflation is starting to rear its head again. Each successive round of stimulus will have diminishing returns and reinflate less for a shorter period of time before deflation pressures start to overtake them. That's why I say $2.2 trillion is not going to create the wildly inflationary environment people may think. It's not going to solve much of anything really other than kick the can.

MY STUPID SILVER IS LITERALLY WORTHLESS!!!!!!!!!!

>>22963293
But $2.2 trillion will not get us to $3,000 gold. The next round of stimulus will have less of an effect than the first. The third will have even less of an effect. They'll need something like UBI to really spark major inflation, and even that will require some kind of perceived boom to get velocity up.

>>22963424
Too soon,...

>>22963454
>>22963068

>>22963121
ideally you would want both, but stocks and especially ETFs takes, research, understanding, and careful daily management

ETFs are high speed short term vehicles, practically day trader tier form what i hear but you need to educate yourself on ETFs before you fuck with them

but if you can do nothing else, stack silver now.

>>22955017
Silver One?

>>22963585
Pmg isn’t a bet on inflation. It’s s bet on currency devaluation.

i leave to beat one out and suddenly were back over 24, what even

Klondike is mooning.

>>22962290
Mux is at least back up to before the recent dump levels

>>22963539
>>22963653
whoops missed that bit.

>>22963928
ehhhhh penny stocks have spreads anon, but it is going in the right direction, expecting a lot of shit like this to go up a lot.

At this point its just a matter of time isnt it.

>>22963710

Care to elaborate on ETFs ? I'm considering buying something like GDX or GDXJ as a long-term fire-and-forget hold I'll check once in a while.

>>22963959
stop you just keep making me feel silly for poor entry point timing... has to hit 1.8 cad for me to break even :(

at least everything else I did a better job of.

>>22963814
Gotta tell that to some of the talking heads and posters. There's lots of confusion about what may happen and why. But I agree, currency devaluation is a very good long term bet.

>>22964042
Silver has more ground to game than gold, and the juniors should rise more than the large caps, So if you want to take a little bit of risk and can stomach some volatility, look into SILJ.

>>22964042
i cant say more on ETFs im half clueless. but i watched some informed YT videos on them and while they can be quite lucrative for the right ones at the right time,, they are classified as a "disintegrating" asset or some such thing.
meaning, you hold it beyond the prime window and it turns to nothing in your hands

scrapsberg:

What would something like this net, for reference?
https://www.ebay.com/itm/2-Towle-Sterling-Weighted-Reinforced-Silver-Candlestick-Holders-700-3-25-Tall/154113290646?hash=item23e1de3196%3Ag%3Ao6YAAOSw2RdfdgjK&LH_BIN=1

>>22962178
tfw got my weekly order in at today's bottom

>>22963168
Do you mind giving an example? I haven’t seen anything but I may not be attuned to the same signs as you.

>>22964151
Are u talking levereged etfs? I thought normal etfs do not have daily adjustments and simply follow underlying assets

>>22964453
Candlestick holders are tricky also, but ones like that I think would yield in the 14-18 gram each range (Not a good deal, and maybe only 11g for a duchinshit brand version). You want the 4 inch diameter base candle holders if you're going after ones of this squat style, if not made by Duchin or another crap brand they'll often yield 25-30g each.

>>22961890
hey scrapsperg, we all want to be like you, but google doesn't throw up anything but refineries that will take your metal and give you cash

>>22964751
The place I use is Prospector's Gold and Gems in Fort Collins, CO. There are a few others domestically that claim to return bullion such as Hauser and Miller in St Louis but you'll need to call and make sure they're not only just buying right now. Good luck!

>>22964740
what about those long neck compotes and the short ones?

Another totally normal day in the market, nothing to see here.

>>22964700
>talking leveraged etfs?
yes i suppose that may be what i am thinking of.
sorry i dont mean to speak on it in my ignorance, im not very knowledgeable on these things. I just recall that those who explained it gave stern warnings to make sure it was understood what was being invested in and how to manage it, and how they differ from, longer term more stable investment vehicles.

>

>>22961956
>what's the formula

For weighted stuff like candlestick holders you may get as low as ~8% silver weight yield from the total weight of Duchin Creations and other low tier or more recent post 60s stuff, but usually 10-15%, sometimes over 20% for good older ones. Sadly it's largely dependent on the brand and style of item so no elegant overarching rule exists beyond being conservative and estimating purchase price based on a 10% by weight sterling scrap yield if you ever come across a heavy box full of the stuff.

I know it's unsatisfactory but like an autist I think in images/video and tactile properties, hard to translate my process and experience-bolstered instincts but I'll try making an easy picture-based scrapping guide for anons, at least half of the deals are obvious and don't require anything but being the first in line and another 25% of deals are easy to recognize with some basic knowledge.

>>22965335
>

who's baking?

>>22965070
Compotes

Those I don't have as much experience with and brand quality differences matter, but I'd estimate 60-90 grams for the ~6" diameter dish, ~6" tall pedestal compotes, similar for the squat weighted dishes. I just scrapped a weighted squat dish with basket handle that yielded 92g, pretty decent but I don't want to lead you astray as I haven't come across many weighted compotes and candy dishes priced below my comfort-zone buy price and thus am not adequately experienced.

>>22965436
Show it dammit

>>22965626
What are your buy it now price limits for different items and things you like to look for? I have grown bored of buying regular silver bars and coins and I want to deal hunt for sterling.

>>22964671
>in real estate I'm starting to see prices inch down with actual price reductions
people more desperate to sell?
>seeing real estate for sale staying on the market longer in some cases, not selling right away
less buyers?, investors, speculators, developers maxed out? bailing out? not as many people ready to buy or capable of buying?
>Classified ads more things like classic collectable cars for sale, at lower prices, same thing as RE, not selling fast. Same thing with musical instruments, guns and tools.
so far its not that these things are new or out of the ordinary to be up for sale, its just that im seeing them not sell as quickly as before, and are getting listed for lower prices. and its turning to a surplus leading to a buyers advantage.
getting to that tipping point.

my theory is based on what we all know or at least think is going on,..

>many businesses and people out of work for a long time,..
>running out of capital and savings, starting to sell things to get money to live on.
>many businesses and people not able to buy the things they would have bought otherwise
>combined all these businesses and people suddenly desperate to liquidate whatever they can for survival or to lower overhead/liabilities, whatever, with no one out there to buy these things. because 75% of the population is in the same boat.

like the other anon said, going to be a buyers market soon with fire sales on everything.
and those of us with the ability, will be able to swoop in like Warren Buffet and buy for pennies on the dollar during these tough time.
disaster = opportunity

it will be bittersweet because we will be profiting off of other peoples terrible losses. oh well?, they should have been more responsible maybe?, idk