/biz/ - Business & Finance

Fuck off shitcoiners and various pajeets shilling your digital rugpulling trash, you are not welcome here.
We are not interested.
You already have an entire board to shill your ponzi scams.
Leave us alone.

so why is btc mooning and gold tanking then?

>>24217050
Didnt BTC lose like 40% if it’s worth in one day this year? Yea I’ll stay clear of that

Andddd now she’s been made chair for the fed, another 4 years of crabbing ahead

I love you pmg, but you gotta wise up. We have deflation until Congress acts bigly to create the conditions for big inflation, like UBI or massive loan guarantees to get banks lending.

https://youtu.be/14I1BdncYVo

For the lurkers out there unsure what to make of these recent moves, DON'T SELL YOUR PHYSICAL PMs...unless you unwisely bought on credit. Watch this video I have linked. Learn about the monetary system and how it is more complicated than some of the gold charlatans have led you to believe. If you are buying PMs for a moonshot, you're doing it wrong. This is savings. This is insurance. It's insurance that very well might just pay off in the next few year, but don't buy the hype generated on half-truths about what the Fed can and is actually doing.

The best time to buy PMs is yesterday. The second best time is now. Line will go down, so don't blow your load all at once. Average in and don't time it. If you are playing paper, don't do it on leverage. We have very rocky waters ahead.

>greatest wealth transfer from west to east
>russia and china
>gold for goods and services

Even with the recent moves I’m still up huge year-over-year on my metals position. I placed an order last week, I placed an order yesterday, I will probably place another order today.

Why did I by Bayhorse again?

>>24217050

Tesla has the same mcap as Bitcoin, went up on the same complete lack of fundamentals (1000 P. E. ratio in the former instance, no use-case in the latter instance). Tesla is pumped by Q. E., Bitcoin is pumped by tether. Meanwhile, gold is suppressed on the COMEX (see J. P. Morgan's recent billion-dollar fine; Bart Chilton's interview with Chris Marcus just before he died). When fiat actually does collapse, Bitcoin will go to zero along with all the bubble tech companies, because China, Russia, and other producing nations will demand gold and not Bitcoin in exchange for their production. They have been hoarding gold for the past ten years in preparation for this. Bitcoin is fundamentally broken as a currency (breaks down into $100 fees and 3-day transaction times when even 0.1% of the population attempts to use it, even on the Lightning Network) and everything which it can do, gold can do better (see Kinesis, and gold-backed currencies).

https://www.youtube.com/watch?v=5Q9aYYluRA0&ab_channel=KinesisMoney

https://www.youtube.com/watch?v=qzDjJ-SrojY&ab_channel=GoldSilverPros

https://www.youtube.com/watch?v=XfcvX0P1b5g&ab_channel=BarelySociable

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

https://www.youtube.com/watch?v=ShZrgZEq1Yo&ab_channel=ArcadiaEconomics

I'[m getting slaughtered in PMs and miners. If I didn't have BTC and ETH, I'd be fu-ked.

>>24217122
Checked and based. I basically agree with you, what do you see happening the next few years? I'm saving cash to buy land, I'm hoping deflation hits short term then inflation but it's all a guessing game

kitco is still dead
what happened

>>24217396
I'm sitting on the sidelines with powder to scoop up miners, but I need to see more blood or see some trial balloons floated out in the normal signaling channel news sites about stimulus before I make any moves. Sold my total holdings over month ago before things started going down after it was obvious there would be no stimulus this year.

On the bright side, 1 ozt is still 1 ozt. So for all the physical chads, price means nothing.

>>24217607

RIP

IT HURTS AAAAAAAAAAAAAAAAAAAAAAAAAAAAH WHY DIDNT I JUST BUY MORE CRYPTO WHAT IS WRONG WITH MY BOOMER ROCKS

>>24217633
From peak to now I'm down 41% in miners at this point its ride it into the ground if that need be. I'm not selling. For the physical, I'm also a hodler. Our time will come. No rush here.

BTC/XAGUSD is about 838 right now.

>>24217362
Please correct me if I’m wrong, but are you saying that the major US tech companies, ie. Alphabet, FB, Apple, Tesla, etc. are all literally going to go bankrupt in the coming stock market crash? Is that what you mean by “go to zero”? Or just that their stock prices will take massive hits but the companies themselves will remain in operation? Wouldn’t these tech giants just get a Congressional bailout if they were on the verge of bankruptcy?

Should I wait before I buy? Anyone got meme lines for us.

God, so fucking based. Hahaha

>>24217930

When fiat goes to zero, there won't be any bailouts for Tesla or these other bubble companies, because the dollar will become completely worthless. So they will have to survive according to their fundamentals and their earnings. A fair P. E. ratio is 15, so divide 1000 into 15 and you see how far Tesla has to fall. Some will simply go bankrupt, especially the ones which rely on debt to survive. Some companies will survive, but crash immensely before they reach a fair valuation.

>>24217812

Given where the miners are going, a 40% correction won't seem like anything in the long-term. Even a number of fundamentally sound miners which Sprott owns and believes in (Excellon Resources, Irving Resources) are down, not merely 40% from August but from January, at the start of this year. A person who owns mining stocks is always in exactly the right place for a parabolic move upwards which may happen at any time, and which is inevitable, but somebody who holds tech stocks or crypto is in danger of having the rug pulled out at any moment.

>>24217699
you chose the horse and cart instead of the rocket ship

Anyone have any insights into how far this correction will go? I am going to be buying a bunch of physical soon and am hoping to time it right.

>>24218142
based. Now I must’ve missed the part where tulips crashed then went back to their ath

>>24217536
I think property is going to be a good asset to have either way. Even if we see a big deflationary crash, which is a distinct possibility as Congress doesn’t have an fire under their feet, I think real estate gets a muted hit...at least in the highly desirable markets. Funny, because that may even include places like Idaho and Montana as big money isn’t stupid and is buying up land far away from places where things may get crazy. I think there is a lot of money on the sidelines anticipating a housing “crash” which may be why it gets muted since the buyers are already putting in a higher floor by lining up to buy the dip. Obviously, it’s many housing markets and not one, so YMMV depending on where you are looking. But the other side of that is definitely how much of that can be supported with minimal lending? Is there enough cash on the sidelines to outweigh the reduction in those able to borrow to buy? Either way, long term, real estate is probably a good bet, especially if it’s not within a stone’s throw of a chimp out zone.

It is a guessing game. Because we aren’t dealing with solely market participants, but with human created policy which can be arbitrary and unpredictable. One thing that sticks out to me is how Republicans pulled back from stimulus after Q3 data came back. It’s nominally stellar, but in context of Q2, it’s nowhere near enough and the “recovery” is rolling over, falling far short of the V they thought. It feels like they have seen enough to not be speedy with stimulus, but are getting faked out. So it will take pain for them to come around and get in bord with big stimulus, especially with Biden in the WH. They are going to go back to obstruction like during the Obama years if they retain the Senate after the GA runoffs. So maybe that means even more delay meaning a bigger correction before they panic into a big move. Hard to gauge. But I’m sensing they are going to get in the way of Dems wanting to spend big

>>24218142
>that volume
lol youre going to get buttfucked
no new normie $ loser

LOL if my BTC hits 27-30 k dumping it for gold

not sure if I want to rebuy back in at 20k, usually there isnt a 3rd wave of idiots... but then again... under estimating human stupidity is less profitable then assuming it is endless.

Seems Everyone’s going after goldbugs, any reason why?

>>24218415
yeah I think real estate won't go anywhere anytime soon, rates are at all time lows so people are buying what they can and if rates go back up they won't want to sell and lose the low rate mortgage.

>>24218270
The jews will do everything they can to crash real wealth and substitute it with illusion of wealth toward the normans.
The absolute floor impossible to break is around $13-14, since it's the extraction cost. Sure, COMEX could technically go below that, but it wouldn't have any effect on physical at this point, miners wont sell at a loss.

Who wants to see my latest delivery?

>>24218270

When the fudder are in a frenzy like this, that means start buying.

It's all so tiresome bros. Will these speculative "asset" bubbles ever pop (looking at you tech stocks and crypto)? I am starting to think that the average person is way too stupid for the markets to work. This is why the markets appear so irrational and all worthless shitcoins are pumping while real assets that would protect you against the inevitable doom are dumping. It's hard to take the sheer amount of human stupidity that has been displayed by the markets throughout the year.

>>24218526
I thought that with oil, but we’ve seen these things go below the cost of production, they’d just have to close up shop which would cause a supply shock and the price to rise back up until they’re back profitable

>>24218270
You'll never time the market. If your plan is to attain a holding of physical PMs, start buying now. DCA in. Buy 10% of what you want today. Buy another 10% next week. Make a plan that works for you, but don't time it. DCA.

n-nani First majestic is green today

>>24218546
there will be some nice unboxing pics next week i think

>>24218326

The stock market is an example of "tulips crashing and going back to their ath." It has been re-inflated twice now by the banks, first after 2001, secondly after 2008, just as Bitcoin has been reinflated since March by tether. The bankers pump both bubbles for their own purposes. BTC in particular was invented by Blockstream and Adam Back to distract people from PMs, and to prepare them for CBDCs. (https://www.youtube.com/watch?v=XfcvX0P1b5g)) Bubbles are unique in the modern age, because they exist in a world in which literally every country subscribes to Keynesianism and fiat money, with the dollar as a world-reserve currency; so that the U. S. printing-press is virtually omnipotent. But the very thing which BTC is alleged to be a hedge against (the death of fiat money) is exactly what will cause it to go to zero, because fiat is the only thing which props it up. When fiat dies, Russia and China will demand payment in gold for their production, and BTC will immediately go to zero.

>>24218264

Digital gold - instantaneous transmission via gold-backed currencies or gold-backed cryptos; represents intrinsic value (https://www.youtube.com/watch?v=5Q9aYYluRA0))

BTC - 1 mb block-size, had $100 fees and 3-day transaction times in 2017, forces you to use Blockstream's second-layer technology which tracks and traces everything you do, and even that could only service 0.1% of the world population before breaking down

>>24218556

Be patient and wait for the next stimulus bill. That is the inevitable trigger for gold to go higher. Otherwise, a currency crisis, COMEX default, or banking crisis are also possible black swans.

All these bubbles (BTC, tech stocks, etc.) rely on the dollar to function. But tens of trillions of dollars will have to be printed over the next couple of years to prop it all up. Inflation will be so high, and real yields will go so low, that a dumping of the dollar for gold by foreign nations is simply inevitable.

>>24218172
Irving Resources is such an interesting company. Bob Moriarty’s infatuation of it is contagious. As you’ve said before, miner anon, it may be a few years before IR moons seeing as how Japan is rebuilding their mining industry after decades of dormancy, but the potential seems massive.

Another question: have you reduced any of your positions in US miners due to the Biden win? The consensus seems to be thar his administration will be unfavorable to domestic mining.

>>24218556
Schwab & his clique already warned you : the goyim wont be allowed to own anything. But how could they make the transition as peacefully as possible? Very easy : lure normans into digital scams, diverting them from real wealth. Once everybody is ensnared into digital trash, simply make the real assets unobtainable. It's machiavelic. By the time people figure out their shit is worthless, it will be already too late for them to buy the real stuff, no matter how many shitcoins they possess.

>>24218588
You can't compare oil and PMs, wtf anon?? Gold isn't flowing automatically from tubes by the millions of cubic meters that you can't stop unless you bomb everything. Believe me, there wont be any shortage of storage units for gold... ever.

>>24218642
>DCA
yes this is right
even is you don't use a strict DCA plan, it's better to accumulate gradually than to go all in at once

>>24218695
Nice, i bought 20 shares at $9.69 yesterday but i was not sure if it was a good move.

>>24218849
delet this

>>24218740
This is the number one reason why I have lost most of my faith im BTC.

its "investors" keep bringing up "the whole world will use it for transactions" "its a hedge/store of value" and "its anonymous" as its main perks...

When by design, it quite literally CANNOT do enough transactions per second to accommodate the USA let alone the world. It has crashed many times, its a huge swing trade opportunity and I love it as such, but it isnt a hedge. Lastly it simply is not anonymous... if its investors knew anything about where they put their money they would know this...


I enjoy having zero counter party risk and an asset that will maintain value forever.

also CLINK CLINK

>>24218849
Totally (((natural))), not suspicious in the slightest! Growth is infinite, BTC create dollars out of thin air!

>>24218487
BULLISH

>>24218798

I mentioned a few threads ago that I bought NAK at about 0.70 CAD as a hedge against a Trump win; I sold it for a profit when things started to become more uncertain. Trump may still win, but Scott Adams seems to be implying that he is going to prove the election fraud, but then let Biden get in anyway "for the good of the country."

I am continuing to hold my U. S. positions (VML, AZS, BHS, and SVE), but I won't add to them, or buy any more U. S. stocks. I put the NAK money into Bluestone Resources in Guatemala. Near-term producer run by the respectable Lundin family which I used to think of as a gold company, but was highly impressed with these results. https://ceo.ca/@newsfile/bluestone-drills-1380-gt-gold-44-ozt-and-2194.. 44 ounce per ton gold, but the 2,194 g/t silver alone is highly impressive. Mcap is $260 million, which is what Aurcana was trading at a couple of weeks ago.

>>24217338
Wait, there are people in this general who still held bhs?

>>24218969
i had it for a week and then i found out it was highly toxic

>>24218967
>BHS
ouch.... I know that feel

T Mux bagholder

>>24218799
It's really fucked up. At this point I am rooting for the schizo theory to fulfil itself that China and Russia and other nations that actually produce stuff dump dollar and treasuries and demand payment for products in gold. This would be a "great reset" that the west is not prepared for and it would definitely destroy all asset bubbles based on FIAT money. All those internet tokens would not be worth anything, TESLA would not have 500 billion market cap and PE ratio of 1500 with negative cash flow. Obviously it would mean that the average person in the west would get fucked but us stackers would be rich and the markets would be sane again.

Box o junk delivered today

>>24219101
I’ve owned MUX for about two years, but I still think it’s a good company and McEwen is a great guy. I’ll still keep adding to it slowly.

>>24219167
Check that pamp serial tho

>>24218964
Probably because they really genuinely care about their fellow man.

>>24219138
The reset we are going to get will make us less free, not more free. That's why it will not be based on PMs...or at least not in anyway like some would think. PMs make you more free. That's the opposite direction they are trying to go.

Everybody who was saying they missed the boat a few weeks ago, here's your chance.

Am I nuts or are dealers cranking up their premiums? Gold is in free fall but nothing is getting cheaper.

>>24219185
I agree, I think now is a great time to buy MUX and they will pull through since they are fundamentally solid but had the covid/fire/flood issues which set them back this year.

>>24219333
I’m still waiting on my previous order to be delivered but I’m very tempted to place another today.

>>24219226
are you well? do you have brain damage?

Guys wtf happened to gold? I was trading XAUUSD on my demo account and suddenly gold dropped like a rock. I bought the dip and assumed it was one of those occasional dips and it dropped again. I bought again. I bought another time and before I know it, I've lost $350,000. This is a demo account but I was practicing on it to finally get into real forex trading. I was doing so well but my confidence in how I will perform with real money is withering. No TA could've seen that coming. So what happened?

>>24219167
That is a fine collection anon. circulated silver always has a really nice aesthetic, luv me sum shillings

>>24219359
That’s cause they’re scammers anon, btc has no premium.
https://twitter.com/maxkeiser/status/1331255771695296517?s=20

>>24219359
what do you think has been going on the last 6 months? spot means nothing. demand is all.

>>24219333
On Sunday I boiught a 2021 1Oz AU Kangaroo. I should’ve known to wait. Now I’m considering a Buffalo.

>>24219454
This was back when btc was $20, he was as ignorant/wrong then as he is now

>>24219454
btc does have a premium..... every transaction has a fee... TF are you on about

>>24219411
If you didn’t detect the sarcasm...

>>24219420
>I've lost $350,00

Never change /biz/

>>24219454

If you buy allocated digital gold on BullionVault or Kinesis there is virtually no premium either; in fact the premium is less than that of Coinbase on Kinesis (0.45% as opposed to 0.5%). You pay a premium on gold coins for the privilege of being able to transact in absolute privacy, as well as store and access wealth independently of electricity and computers, which is an advantage which BTC doesn't afford you.

>>24219167
Junk silver is bases

>>24219558
listen. im kinda retarded

>>24219454

If you buy allocated digital gold on BullionVault or Kinesis there is virtually no premium either; in fact the premium on Kinesis is less than that of Coinbase (0.45% Kinesis as opposed to 0.5% Coinbase). You pay a premium on gold coins for the privilege of being able to transact in absolute privacy, as well as store and access your wealth independently of electricity and computers, which is an advantage which BTC doesn't afford you. Also, you don't pay CGT on Britannias in the U. K., but you do pay CGT on crypto.

this is so exciting bros.
do you guys just keep buying a bit or are you looking for a bottom?

>>24219639
both :^)

>>24219639
Looking for a bottom. Market is in complete euphoria, they've almost completely abandoned hedging.

>>24219167
Nice coins, I personally prefer the 10 or 50 francs "hercules" for french coins

>>24218969
It's not a loss until you actually sell it, that's the BagHolder Silver way!

>>24218487

>CBDCs are heckin bullish for Bitcoin ya'll!

I feel a little bad for them. Maybe the Fed will use lube and offer them a fixed exchange rate life raft to Fedcoin?

>>24218487
NWO hates us

>>24219454
>this is the cult of bitcoin
Fucking Schiff lol. Prime example of how you can be right about one thing and wrong about another. Humans are all wrong about something. Don't trust anyone. Even Schiff is wrong about gold short term and the "why's", but he's right about gold long term. I have gold and crypto. Listening to Schiff is unironically why I missed out on BTC below a dollar.

>>24219607
Those are nice looking. Nothing like silver and gold coinage that was actually circulated as money. It always trumps bullion in my mind. I would love to see some private mint do some 90% or sterling alloy coins. I know we probably won't get that due to tax laws, but I'd love to see privately minted alloyed coinage ready for circulation. Fine is just not ideal for the job of circulation.

Holding isn’t so easy as it looks. But if you have luck you can get x3 of your investment, as I did from RBC trading! Why did I choose it?

> p2p and instant trades services with no fees on Rubic exchange
> Trade unlisted tokens
> Integration with 3 major blockchains like Binance, Ethereum, Matic...

> https://rubic.finance/
> @cryptorubic_chat

Buy RBC now if you want to see a pump in the future!

>>24219859
good

>>24219862
The moment I had more than one fondle piece is when they started denting. I'm beginning to consider using them as spare change when ratioing into gold

>>24218487
Same thing happened in the past, before gold was delegalized in America, people were bombarded with negative news like these. Well, at least for a while they were negative, soon after they were straight up antagonizing. Jews can't make their plan work if you have gold and silver, they can roll it out, but then a lot of stacker Goyims is going to make it without their approval. So it's better to delegalize it first.

Buying that dip.

Why did aurcana hit 50$ back in 2012?

>>24220067
if you dont have an LCS this is a pretty good deal

>>24218172
You are the one that recommended David Brady months ago, correct? I recognize your posts from how you write. Your posts are always top-notch.

It would be great if you use a username like PAN-MAN so that they can easily be identified..

>>24220100
I do have an LCS I use, but ever since the huge price run up earlier this year his premiums are too high. He really doesn’t want to sell any metal because he’s just as big of a believer as anyone here.

>>24219978
Yep. That's why I like hand poured for fondling silver since it doesn't matter. Monarch's Lil chunkies are awesome for that. For gold clanking, I love the Vrenelis. I have 4 1/4 maples. Above that, it's all Vrenelis for gold. I will only buy LMU or Sovereign coinage in the future. Gold is just too soft to be of any fun as fine. Meanwhile, I'm here clanking a stack of 90% gold without a care of scratching.

>>24220142
i suppose that makes sense but hes a dealer at the end of the day, never get high on your own supply. i think i paid 350 for the same amount of gold at near the top. still good deal tho

>>24219859
Having the right enemies means you are doing something right

>>24220297
GOLD and KGC barely dipped today and AG is actually green. Is it algos buying, or does someone know something?

Anons, we will make it. Everyone wants to crush us yet they know they can not beat us. So, they use propaganda, and disinformation to shake us. They do not realize this makes us more resolved in our beliefs. No matter what, we know we are on the right side since thousands of years of history is with us, and all they have is deception and sweet lies to lure us into the bed they made. Hold strong.

>>24216899
I am financially ruined

>>24220234
The shop I go to also deals with a lot of high-end watches high-end jewelry and other antiques and collectibles so he doesn’t rely just on coins. The guy is completely loaded I should mention.

>>24220124

I used to recommend David Brady, still do have a good deal of respect for him. Used to caution people against going all in on PMs in case his theory of a strong correction later in the year turned out to be correct. Lost faith in him when he started blocking people (like Peter Spina) who disagreed with him, and learned about some bad calls which he had made in the past. PMs and miners still haven't hit his targets (he told people not to buy silver at $19 and gold at $1750), but he has turned out to be a lot more right than I anticipated, given that miners have now lost all gains made since July.

Don't intend to use a tripcode because I don't intend to stay here in the long-term. I actually wanted to be gone long ago. I keep coming back from time to time because it feels like exit-scamming to tell people to do something and then not offer support when it goes the wrong way. As soon as PMs and miners moon, I intend to disappear.

>>24218969
Can we stop with the BHS FUD? There are dozens of miners discussed here, and although Bayhorse is one of the more frequent ones, the hatred of it is nonsensical. There are way worse mining companies out there to invest in.

>>24220448
I think its anyone with a brain realizing its time to shift from mania infused areas to hated areas with good fundamentals.

We are being gifted with another great buying opportunity

>>24220554
near the bottom of the barrel is still the bottom of the barrel anon. especially with their market cap

>>24220454
Hell yeah

>>24217106
Time to accumulate more.

>>24218449
This is the ultimate and final use case for BTC

>>24219497
Is the spot price not based on demand? What does that even mean?

>>24220996
it means spot is virtually unrelated at this point. noone cares what the fake comex is doing anymore because its frilly make believe paper. silver might go to 1$ an ounce you still wont find it for less than 25-30$. the bar moves on its own

>>24220996
It is on the derivitive/future market. This is the only market I know where people betting in the future controls the price of the current of the item (Oils might have a similar mechanism, but idk).
Eitherway, this means the market is primed for rigging for normal backwardization or contago.

How the fuck is gold down more than silver today. The universe is flipping upside down to fuck me over

>>24220996

The gold price is determined, not by buying and selling real gold, but by trading derivatives on a futures exchange called the COMEX. This is the basis of the charts you see on Kitco, goldprice, etc. On this futures exchange, the bullion banks are able to dump (for example) ten years of the annual investable supply of silver on the market in a single day. The gold price is the most manipulated thing in the world, because a rising gold price poses an existential threat to the dollar. Nevertheless, the COMEX is rapidly turning into a delivery-service, and more and more people are demanding to receive the physical metal. When demand overwhelms supply, the paper suppression of PMs will break, and gold and silver will do what palladium did a couple of years ago. Once all confidence in the COMEX is lost, the price of PMs will be determined in the free market and by the mining companies.

>>24218695
It means the bottom is in

>>24218415
Yeah I wouldn't want to be buying up the over saturated real estate markets like san Fran, NYC, etc. Montana and Idaho are already historically expensive, over 10k an acre for quality land. You can still find undesirable land in those areas for 1k an acre. I am mostly just looking to preserve and nominally build my wealth, not turn into a land baron. An interesting idea is to keep an eye on commercial real estate, as this great reset bullshit happens and we realize most people can work remotely - I see a lot of commercial property that can be repurposed.

Also take this as a t. trust me bro kind of thing, but I have it on decent authority that covid lockdowns are going to ramp back up very shortly which could do interesting things to the stock market. By mid summer 21 we should reach covid normalcy, but having participated through a few boom/bust cycles this seems like a desirable time to have some dry powder. The whole "btc can't function as a currency so it's not as good as gold" argument is laughable as gold is not used as a currency either. And being a gay phone poster, without comparing market caps of AU and BTC, BTC still has like a 20x to go from here to reach mcap parity with gold right?

>>24221226
What is the timeframe for this to happen?

>>24221314
If you're doing commercial repurposing, just remember to save some cash for contributions. Will need to worry about lobbying local authorities to rezone.

Another thing to consider beyond the deflationary forces in equities is that JPM is estimating $310 billion in equity sales due to end of year protfolio rebalancing. It's going to take pain for Congress to get around to more stimulus. There will be pain.

Yeah, I'm not a BTC bear. I hold crypto as well and have been happy seeing my holdings double in the last month or so. But they are long holds, so I don't bother getting too worked up about price.

>Dow 30k
>Nasdaq 12k
>BTC near 20k
Anyone else feel rugpull incoming?

>>24221588

"DesoGames," an ingenious, self-educated young man who has been held back in life by mental health problems, has claimed that the COMEX will default this December. (https://www.youtube.com/watch?v=wIjaoRVgOk0.).) Alasdair Macleod says that we are already in hyperinflation, and that, if we follow the pattern of Weimar Germany, Austria, Hungary, etc., we have only a few months to go before the entire system breaks down. (https://www.goldmoney.com/research/goldmoney-insights/hyperinflation-is-here)) Andrew Maguire says that a "December raid" is coming on the COMEX, although he doesn't make any claims of a default. (https://www.youtube.com/watch?v=S-V859-gi2M&ab_channel=KinesisMoney)) David Brady says that the next leg up in metals and miners will happen on or before Q1 2021, but makes no speculations about a COMEX default. Craig Hemke and most other analysts simply say that it is impossible to know exactly when the COMEX default will happen, simply that it is inevitable. I have never heard of anybody who thinks that the system can keep going on for more than a year or two, three at the most.

>>24218537
Yes. Also need to get a little baggy like that for my sovereigns.

Going to order another today if it goes to £340 each.

>>24221870
Coin pouches are a nice touch. I have a scenario in my head where in a post-apocalyptic world, fanny packs make a come back.

Up to 35oz, slowly but surely building my stack. I may go pick up another 4 or 5oz today.

>>24221222
checked. time to add to your gold stack.

>>24222495
Keeping your jewels next to your family jewels. Makes sense to me.

>>24220504
so you're with us for at least another year again, excellent. This thread isnt the same without you based small caps anon.

Why is deflation in the tread pic related? Will the next cycle be deflation instead of inflation? why?

Fuck it, just bought 200 more Fortuna Silver and 300 Hecla

think i might spend half now and spend the rest later. i dont feel like stressing about whether we've hit bottom or not

we got left behind

What's up my niggers?

>>24222868
What is up Panman. How is leaf land?

>>24222495
sacks for stacks

>>24216899
I went to buy an oz today at my local bank and it was like a dollar cheaper than last week, that's great. I hope the shit you are saying about deflation is true so i can get more pm, i need way more.

I know some of you are genuinely incredulous as to why buy PM when stocks and crypto are "mooning", but you have to remember that the destruction of the dollar is still happening as part of the NWO/Great Reset or however they want to call it this week. All your "gains" are still in dollars, and will be worthless when all is said and done.

Precious metals are not "worth money", IT IS THE MONEY, PM is the only thing you will have in the end, so is more of a life saving.

Complaining that PM is down would be like complaining that guns, ammo and food are cheaper, only degenerate city dwellers would do that, for they don't understand.

>he bought physical silver with the expectation that it would significantly increase his purchasing power
>that's me also

>buying boomer rocks
>but m-muh volatility

You've built this grave for yourself boomers.

>>24222868
I have 4 of those Buffalos Pan Man, paid $1100 each in 2016

>>24223018
Yes

>>24216993
well spoken fren

>>24223018
More sacks for stacks

what are you guys watching right now? many of the majors like barrick are the same price as january even though spot was 15-1600 at that point

>>24216993
honestly im hoping they get an entire /shit/ board all to themselves, /biz/ could be run on 5-6 threads

rolling for a strong finish today with $23.50 silver and $1820 gold

>>24216993

COPE

>>24223266
checked, there does seem to be some bargains right now

>>24216993
>every coin is a shitcoin!

If you had over 100 IQ you'd be able to navigate this market and make money. By saying that crypto is retarded and full of rugpulls, you are basically admitting you have lower than average intelligence and couldn't perform in our market.

Enjoy your boomerocks retards.

>>24223222
truth

With a heavy heart I accept this opportunity to build my stack. I'm envious of the irrational bubble 2.0 of bitcoin yet again. But it will come down in the end.
Quantum computing will destroy bitcoin in the near future.
Gold is money everything else is junk.

>>24217122
The stimulus is the only thing keeping the economy going right now. It's a zombie. For all intents and purposes, the economy has already crashed. We're just being spared the consequences temporarily.

>>24223422
why are you here? fuck off

>>24223555
Do not feed the trolls it only brings them back.

>>24223422
Of course they have lower than average intelligence, they’re goldbugs

>>24221843
So we’re literally staring at a catalyst event in the face right now. I wouldn’t be surprised if we got another couple years of running on fumes. You should see the mainstream investing/stock market media. They’re predicting a golden decade of record highs in the SP500 and Dow and continued growth of the tech and real estate sectors. I read a comment a few days ago where a former broker said that the US government debt literally doesn’t matter one bit. Are we living in a circus?

>>24223555
It's okay that you're losing money anon. Here, have a banana. It might make you feel better

peasant

>>24219420
Itll go back up summer maybe this December but 1-3 years goldvwill hit quin digits

>>24223453
Yep. And the gas has largely run out on the first one. We're getting some vaccine news tailwinds on the market, but that won't last as bad data continues to trickle in. This economy is in tatters and the lockdowns incoming will only compound that. We're going to have a record bad retail holiday season. We're in a depression, that hasn't "felt" like a depression. But you can only mask this for so long until you have to bring out the big guns. But with Republicans retaining the Senate and likely taking an obstructionist stance to a Biden Presidency, I expect them to continual do too little too late as things unravel.

>>24223266
Checked. Watching a couple of juniors and microcaps. The smallest ones haven't been affected by the pm dip much at all since everybody is queueing up .5c lower bids waiting for the price to fall like piranhas waiting for a piece of meat. Developers and small/midcaps have taken bigger hits though and I wish I had money I could invest right now to get those bargains. Sadly I follow a strict DCA schedule because I am POOR

>>24223555
>>24223222
Checked. PMG IS MEANT FOR PRICELESS METAL. GTFO DUNP COIN/CRYPTO KEK/SHILLSTIENS, FAKE FIAT, BAD BOND, YIELD YANKERS, AND DEAD ROBINS.
Eitherway, MM has some new gold kookaburra to pick up that are limited in supply. https://monumentmetals.com/2021-australia-1-10-oz-gold-kookaburra-bu.html

Is anyone else getting this from kitco's live silber chart?
The resource you are looking for has been removed, had its name changed, or is temporarily unavailable.

>>24221226
Was looking at platinum, should i go in on that or all in on gold? Just because is slightly cheaper i feel like getting some.

>>24223777
Yeah. I get the same exact thing.

>>24223777
Their main page got hit hard. https://www.kitco.com/

>>>24223777
>>>24223555
>>>24223222

Blessed thread

>>24223796
gold, premium is always a minimum 100$ on platinum and it really kills the vibe, often times youll get sub spot too when you sell. that being said, holding some is a good idea since it is undervalued.

>>24223422
>i got lucky playing dominos with a ponzi scam!
>it's means i'm of superior intelligence
holy shit, the absolute state of shitcoins retards..

Can anyone identify these

>>24223796
Platinum is not a monetary metal.

>>24218487
>Checkmark
Translation: Jews don't let their goys buy gold

>>24224075
I think that's a pony, a crabby (?) and a quack-quack. Hope this can help you fren!

>>24218487
Imagine your name is literally Silber and you fud PMs on twitter for a living...

>>24223777
>>24221843
https://twitter.com/MacleodFinance/status/1331280138500272134
https://twitter.com/TheLastDegree/status/1331293881837694977

what does fud mean

>>24224263
>https://twitter.com/MacleodFinance/status/1331280138500272134
This is not available to you
>https://twitter.com/TheLastDegree/status/1331293881837694977
150.000 contracts expiring 41 minutes from now.
Explain to someone who doesn't play jewish games what this means

>>24224263
>https://twitter.com/MacleodFinance/status/1331280138500272134
This is not available to you
>https://twitter.com/TheLastDegree/status/1331293881837694977
150.000 contracts expiring 41 minutes from now.
Explain to someone who doesn't play (((their))) games what this means

>>24224382
>>24224382
Im sure another anon can put this in more accurate/specific terms.

In laymans terms it means they are manipulating it to try to make sure comex isnt absolutely fucked in DEC

>>24224382
WTF , it said 4chin aborted this post so I changed it to post >>24224420

oy vey

>>24217536
>, I'm hoping deflation hits short term then inflation
why should it?
Why do you buy land to overcome deflation?
Which insight can you give me about where to buy land and mae the most off it?

never fucking selling

me watching goldprice

>>24216899
imagine spending time on gold etc. when we got deflationary NEC in front of us

>>24224461
It's pointless to invest into precious metals if paper gold and silver was designed to keep it low forever. Don't you idiots understand? The countries like USA are doing all this on purpose, they're buying out African/South American riches with paper money. Why would it go up to make Mexican Miners richer?

People are saying that they can't cash out on Coinbase. Pages and pages of angry people. Crypto rug-pull imminent?

https://www.reddit.com/r/CoinBase/

>>24224763
p sure they're just gonna keep it low until the supply starts to run dry

>>24224821
>retarddit link
>crypto cuck
You need to go back bud

>>24221226
>>24224263
>>24224382
I don’t think anything is going to happen
there’s been literally hundreds of “COMEX WILL FAIL TOMORROW!” in my lifetime and I’m only 26
and if the shorts expire worthless they will only have to pay whatever margin fees they may have which will leave them with plenty of cash to continue shorting gold into basically nothing
it

>>24224821
This would be hilarious if true
Literally rugpulling institutions
Now that is what I call based

>80% of the posts are shitcoins pajeets sent by the JIDF to demoralize the only Aryan bunker left on this Gange swimming, Delhi streetshitting, Vishnu worshipping board
(((they))) are getting desperate frens, we are winning and our diamond hands make them nervous.

Thank you God for making me white and directing me toward your favorite elements : gold and silver. I'll always be thankful for You to eternally recognize how vastly superior is the white race compared to all these swarming, filthy animals spawned by the demon, and showing us the path to real wealth. Amen.

>>24224821
Screenshot Pls I don’t want to make an account on Reddit

>>24225081
LMFAO it's gold over there rn
Better than /r/wallstreetbets after Tesla crashed

>>24225146
bahahahahahaha "Class Action lawsuit against Coinbase?" ahahahahahahahahahahahaha

Price is going down?
>good

>>24224763

Gold and silver can't be suppressed forever; negative real-yields are the breaking-point. Same financial environment which you had in the 70s and 80s. Only way to suppress PMs now would be to let interest-rates go up, but, as we saw from late 2018, that would immediately break the system and crash the stock market by 90%.

>>24224867

The shorts can suppress the price of PMs, but they can't stop people from taking physical delivery. The annual investable supply of silver is so minuscule that the mcap of BTC alone could buy it six times over. As soon as demand for physical overwhelms supply, the system breaks, just as we saw in the case of palladium. If the bankers were omnipotent, gold would never have got to $2080 or silver to $29.

>>24224687

>imagine spending time on gold etc. when we got deflationary NEC in front of us

Fudders should get their story straight. Is BTC the new gold, or is there deflation? Neither narrative is true, but they contradict each other.

Money-supply is parabolic, there is no deflation. True definition of deflation = a contraction of the money-supply. The Fed has already printed trillions, and are continuing to do over a trillion a year in Q. E. But in terms of prices, we already demonstrably have had 10% inflation per annum on the basis of Q. E. done in the past (see Chapwood Index/ShadowStats). The central bank lie that "inflation is hard to spark" and that no matter how much they print, they can't get prices to go up is a lie. There's an article in the F. T. from 2004 called "Gold, going, going, gone" where the author parrots the same lies that the MSM and the bankers do now, that "deflation is the problem," "the bankers desperately want inflation but they simply can't get it," etc. etc. At the time, gold was $300 an ounce at the time. Every time the Fed buys bonds, they inflate the price of them, which means that real investors, institutions, and nation-states expand the currency supply when they sell.

>>24223307
LONG LEGGED SPIDER

>>24224867
>there’s been literally hundreds of “COMEX WILL FAIL TOMORROW!” in my lifetime and I’m only 26
This, my dad has convinced hundreds of people to put their millions into silver, but whenever he brings it up he never touches his best arguments, defaulting to rants about how a new exchange will crush the comex and shoot silver to $1000 an ounce. And he's been saying this for over a year now with absolute certainty even though the schizo predictions he listens to have been constantly wrong. It's also led him to believe every other conspiracy on earth, like how Covid vaccines have nanomachines in them that will reprogram your DNA with 5G. Shit's depressing to watch, fuck schizos.

>>24224821
>pulls open drawer and looks at shiny rocks
If you don't hold it you don't own it, amirite. lmao

>>24225146
>>24225179
Hahahahaha thanks for the laughs anon

>>24225222
damn those things go all they way up there and still make an ass of themselves.

>>24225146
>>24225179

>>24224763

Gold and silver can't be suppressed forever; negative real-yields are the breaking-point. Same financial environment which you had in the 70s and 80s. Only way to suppress PMs now would be to let interest-rates go up, but, as we saw from late 2018, that would immediately break the system and crash the stock market by 90%.

>>24224867

The shorts can suppress the price of PMs, but they can't stop people from taking physical delivery. The annual investable supply of silver is so minuscule that the mcap of BTC alone could buy it six times over. As soon as demand for physical overwhelms supply, the system breaks, just as we saw in the case of palladium. If the bankers were omnipotent, gold would never have got to $2080 or silver to $29.

>>24224687

>imagine spending time on gold etc. when we got deflationary NEC in front of us

Fudders should get their story straight. Is BTC the new gold, or is there deflation? Neither narrative is true, but they contradict each other.

Money-supply is parabolic, there is no deflation. True definition of deflation = a contraction of the money-supply. The Fed has already printed trillions, and are continuing to do over a trillion a year in Q. E. But in terms of prices, we already demonstrably have had 10% inflation per annum on the basis of Q. E. done in the past (see Chapwood Index/ShadowStats). The central bank lie that "inflation is hard to spark" and that no matter how much they print, they can't get prices to go up is a lie. There's an article in the F. T. from 2004 called "Gold, going, going, gone" where the author parrots the same lies that the MSM and the bankers do now, that "deflation is the problem," "the bankers desperately want inflation but they simply can't get it," etc. etc. At the time, gold was $300 an ounce. Every time the Fed buys bonds (so as to suppress yields), it inflates the price of them, which means that real investors, institutions, and nation-states expand the currency supply when they sell.

What do

>>24225273

>All these XRP tards getting burned

I kept telling friends to cash out in 20-30% chunks as their coin pumped, but no, everyone sees the fake 90 cent spike and tries to cash out at once. Absolute brainlets. I've been buying gold and silver here and there, but there IS money to be made in crypto, but you need to do it slowly as things pump. As of now I got about 3k locked in DAI and ready to go once this shit gets rugged.

>>24224978
I don't like encouraging this attitude, but yeah, what the hell is going on shlomo? Why are you here again in full force?

>>24225342
you could have stopped this. all you had to do was add to cart, not confirm trade

>>24225342
invest in individual companies
do you even know what you're investing into with those ETF's? I doubt you even know which companies those funds hold
TAKE THE DD PILL

>>24225273
I'm laughing so hard. The timing where we were spammed by cryptocuck is pretty alarming too.

dumb question but why would there be famine when the economy collapses? will food still be produced but people just cant afford to buy it? no one is genociding farmers like the ussr so why would there be no food

>>24225404
It was inevitable

>>24225408
I don't know how to DD that's why I bought etfs :(

>>24223078
Greed will be your doom, making money in a collapsing economie is just non sens. When I see crypto and stock holders (no offense miner stock holders), all I see are dancing skeletons. Godspeed

>>24225428
Farmers destroy their crops when there is no profit to be made (this happened to a lot of food in the first months of the pandemic). When the economy crashes come won't be able, and other will not want to produce under the circumstances. I suspect the government will step in to seize the farms, welcome to the USSA.

>>24225465
You must begin learning then anon. ETFs don't do big moves. Companies can very well do though, as they come out from promising prospects with amazing results. Individual companies are also less dependent on the PM market than ETFs. Start learning! There are amazing buying opportunities for miners right now if you just do the work and understand their value!

>>24225537
Feudalism is more likely than government seizure, or at least they're gonna seize it and then auction it to corporations that will "make use of the land"

>>24218415
>is buying up land far away from places where things may get crazy
why should things ''get crazy'' in Montana?

>>24225146
I told you... coin conners completely refuse to address things like Mt Grox, illiquidity, transaction caps and exchange fees

>>24225179
this is what happens when you have grey market brokerages with zero accountability.


Prepare your anus for regulatio BTC'rs... I have lowered my sell BTC from 30k to 26k CAD and im all out.

>>24225569
How do I learn? I'm trying to become better at investing but I'm just not sure what to read.

>>24225342

Keep holding, -15% is nothing in a mining stock, and this correction is nearly at the bottom. Rick Rule says that he never made 10x on a mining stock without having a 50% correction.

David Brady is close to calling a bottom in the metals and miners after five months of waiting on the side.

>>24223619

I think that, even if the system does go on for another couple of years, there won't be any way to suppress gold and silver for that long. There has been so much inflation done already that tens of trillions in Q. E. will be needed to suppress yields at this point. We also need trillions in money-printing to sustain everybody who is unemployed, and to bail out all the failing corporations. Economy can never get back to normal now, because that would require letting the system crash, and heal from all the inflation and mal-investment. The necessity for the U. S. to print tens of trillions of dollars makes a bond-market crash inevitable, and the Fed will soon be the only entity buying government debt. Rich people are going to demand delivery of enough physical gold and silver to break the COMEX long before that inevitability occurs.

>>24224382
>>24224434

The banks are trying to punish anybody who went long on gold and silver. They are trying to bankrupt those who pose a threat to the system. It's a sign of desperation, along with the tetherized crypto-pumping.

>>24225713
Smart man
Anyone who bought in the last week made a mistake, especially considering that like 3 exchanges "collapse" every time we hit a new ATH

>>24225288
Do you think covid is a hoax specifically to train the masses to isolate at home and not revolt, in preparation for a global financial meltdown? If so, who created and authorized the release of the virus? Surely the oligarchy and governments of developed nations saw this coming from at least 2018, if not 2008-9, which would theoretically give them time to create a distraction or ruse to ensure there isn’t mass riots and societal breakdown when the bond and equity markets come crashing down.

Your cope is delicious. No one except the fools use coinbase, or centralized exchanges. keep coping and scraping the bottom of the barrel friends. Yes.. every shitcoin is a scam.. its just 'luck' that causes us to make money... there no fundamentals to crypto or real life usecases...

Your cope is delicious. Have fun watching the chart gold goys

>>24225246
Your dad sounds based af, too sad for him he spawned an ungrateful little NPC zogbot turd.

>>24225873

Yes. I was already preparing for the system to break down in 2020, so as soon as the coronavirus stuff began I knew exactly what was going on. I had always wondered how the people in power would get out of, or excuse this debt-trap, and a hoax pandemic immediately seemed like the best conceivable way to do so. I came on 4chan as early as March, warning it was a hoax and telling people to buy silver and mining stocks. (See picture as an example.)

Archbishop Vigano said this a month ago:

"A global plan called the Great Reset is underway. Its architect is a global élite that wants to subdue all of humanity, imposing coercive measures with which to drastically limit individual freedoms and those of entire populations. In several nations this plan has already been approved and financed; in others it is still in an early stage. Behind the world leaders who are the accomplices and executors of this infernal project, there are unscrupulous characters who finance the World Economic Forum and Event 201, promoting their agenda.

The purpose of the Great Reset is the imposition of a health dictatorship aiming at the imposition of liberticidal measures, hidden behind tempting promises of ensuring a universal income and cancelling individual debt. The price of these concessions from the International Monetary Fund will be the renunciation of private property and adherence to a program of vaccination against Covid-19 and Covid-21 promoted by Bill Gates with the collaboration of the main pharmaceutical groups. Beyond the enormous economic interests that motivate the promoters of the Great Reset, the imposition of the vaccination will be accompanied by the requirement of a health passport and a digital ID, with the consequent contact tracing of the population of the entire world. Those who do not accept these measures will be confined in detention camps or placed under house arrest, and all their assets will be confiscated."

anyone know why First Majestic is up over 4% today? not complaining

>>24226156
dump was priced in

Before the thread is closed let me ask you anon, what do you think the Dark Winter will be?

I think it will be a bio terrorist attack (real or staged) of Corona-Anthrax, probably in New York or an airport.

What do you think?

LOLOLOLOLOLOL

GOLD?

MORE LIKE...

SOLD!!!!

LOOOOOOOOOOOOOOOOOOL

im a i goof for buying lots of small denominations of silver for future bartering in the post collapse world

>>24225749
I'll be glad to help anon. I just started investing two months ago but this stuff is easy to learn, thankfully.

First of all the basics of DD: Company financials. You need to understand the company's financial situation whenever you invest so that you don't get into a sinking ship. Bad financials = risk of share dilutions (issuing new shares -> lowering your relative ownership of the company and usually lowering share price), risk of the company taking interest-bearing debt (further hit to financials down the line) and risk of bankruptcy. So read up on how to understand financial reports. Plenty of information to find just by googling. I won't go into too much detail but the most important things you need to know about a company's financials are: current & total assets and liabilities (liabilities include debt too) and working capital. I like to get more technical so I calculate some simple ratios that help me understand the financial situation better. Good ratios to learn to use are for example Current Ratio and Equity Ratio (I use those myself).

There's also the question of share price valuation. I'm kind of new at that too so my knowledge is kind of basic, but in a nutshell you probably want to buy undervalued shares and avoid overvalued shares. I like to calculate the P/B (price to book) ratio to see whether the share is overvalued or undervalued compared to a company's equity. Of course you also need to consider what assets (property, shares, etc.) the company holds and whether there is positive cashflow. Market cap is also a pretty important indicator of the company's size. If the market cap is tiny, the company financials are good and the company has great assets then what's not to like? Small market cap combined with great prospects means big gains in the stock market.

Pic related is about how I do my DD. I start with the share and the latest financial report and then I dive into the company's projects.

>>24226193
it will be an attack on the internet, and i think it could affect the electric power grid, thus putting us all in the "dark", or simply no internet and we are figuratively in the dark because we can't communicate anymore.

>>24226409
metaphorically*

>>24226409
Seconded, internet of worst case some major power grid

>>24226409
this. its all part of the take over and transition to communism.
quarantines, curfews, travel restrictions, forced vaccinations. most if not all constitutional rights are effectively null and void.

>>24225749

>>24217088
To be fair, that was the same day everything except physical gold tanked because we were all going to die.. turns out we aren't, but I do think another "event" is coming.

>>24217338
because they have good projects

>401k has earned average +30% so far this year.
should I keep it in there?
was tempted to remove some of it and put it into PMs but idk.

>>24216899
I am financially ruined

Can anybody send me link for this autistic detailed review of Comex silver contracts fraud from few months ago? Anyone remembers it?

>>24219333
checked, I'm getting one of these and some junk silver.

>>24226806

>>24220554
True. TRX is probably the worst.

>>24226806
.

>>24222956
not too bad lots of snow shoveling, thawing out a few buckets of paydirt in my bathroom for something to do.

>>24221314
why do you think lockdowns = btc up / stock market down?

>>24216899
>Gold down $30
>Platinum up $30
It just doesn’t make sense!

>>24225749
Once you understand the financial & share price valuation basics, you need to begin to understand the mining industry. You must understand how the industry operates and how to value different mining companies. If you don't understand what separates the good from the bad, you won't be able to make educated investments.

The core things to understand are: What's the life cycle of a mine (see previous image)? How is exploration of a property conducted? What is the difference between greenfield and brownfield exploration? What grades of ore are considered good? How does the tonnage of a deposit matter in relation to the grade of the ore? How to interpret drilling results? How to interpret mineral resource estimates and reserves? What are the main things to look for when researching a Feasibility Study?

I'll leave some links here for you, they'll answer most of these questions. You'll get started amazingly well with them, I know I did. If you've any questions after reading about these, you can always ask over here at /pmg/. Many people me included will be glad to help.

https://www.investopedia.com/articles/basics/12/beginners-guide-mining-stocks.asp
https://undervaluedequity.com/mine-life-cycle-how-accurate-are-the-resources-reported-in-each-project-phase/
https://undervaluedequity.com/mineral-exploration-companies-greenfield-exploration-vs-brownfield-exploration/
https://undervaluedequity.com/drilling-results-how-can-you-determine-if-a-mining-companys-drill-results-are-of-low-medium-or-high-grade/
https://newpacificmetals.com/mining-101/mineral-estimates-reserves-vs-resources
https://www.mining.com/web/making-the-grade-understanding-exploration-results/
https://www.amscot.com.au/Download/Download?file=Interpretation_of_Resource_Company_Announcements_-_Overview.pdf (this one takes a while to load but it's very informative)

P.S. Miners are often volatile, long term holds. You get in and you HODL like your life depended on it, pic related

>>24226409
>>24226193
he already said what was next
https://www.youtube.com/watch?v=cp190eDFltU

>>24226806
I assume you mean this one:
https://www.desogames.com/shadowcontracts-and-a-history-of-comex-manipulation-in-2020/

I couldn't even read through halfway. Way too autistic for me. In the end it's just a very autistic rant about COMEX manipulation, which we all know about already. Oh and big boys are taking deliveries in secret or something. Bullish for PMs regardless

>>24227203
how do you have a power grid? its like saying your lightswitch will be hacked

>>24226645
warren is done, not saying he wont make any more money, but his golden days are over. His father is the one we should be listening to at this point

>>24227548
You think they turn ON electricity in a country by pressing a lightswitch retard ?

>>24226900
>>24226951
Thanks frens but i meant this one
>>24227321
Yes this is that shit i was looking for, may the silver be with you anon

>>24227548
Holy fuck anon

What about this DS in a diamond? No other accompanying marks

>>24227589
>>24227663
okay then, its like playing a lan starcraft match and being worried someone in china will hack you

>>24227098
Platinum is an industrial metal. It's people trying to front run the "vaccine recovery".

>>24227203
I'm mexican, i don't that shit affects me (immediately) aside from the inconvenience of not having internet. In the next year i will see the effects, but i think the big American cities are going to become a war zone.

The worst part is that all of this would be preventable if people acted rationally. Enter: The Eternal Negro.

Platinum is full back on, wtf

>>24227807
>del negro eternal
dios mio

>>24227699
Plz :’(

>>24227203
Full on rubbish, the infrastructure of a electric substation is not just directly connected to the public networks. There a bunch of firewalls and other precautions in place in order to prevent such attacks.

>>24227901
https://platinuminvestment.com/files/786933/WPIC_Platinum_Quarterly_Q3_2020.pdf

nig-nig

cant play games with futures when no one provides contracts due to empty warehouses

>>24225146
>>24225179

> They are stealing my xrperinooos

>>24227901

It's impossible for the bankers to suppress every commodity at the same time. They tend to concentrate their energy on gold and silver, because those are the two main bellwethers which bespeak inflation and weakness in the dollar. Copper is also still soaring, as is zinc.

how many ounces of metal do you think you could physically carry on your person if you had to flee

>>24226034
Gold will come back as always when inflation roars, and it will because the economy is so shit they don't have a choice

>>24226720
See if you can move a little into a physical gold ira or move like 30-40% in pms

>>24226156
Idk but whats with their bullion store? I wanted to buy their half ounce rounds again but they only have the 10 oz proof strike for sale.

Also, what's going on with tinka? .135 for like 4 months now it's up to almost .16, did they just hasve drill results or something?

>>24228363
how high are the chances for Klondike to finally drill silver. I've read most of ceo chat and listened to kaiser report, seems like its quite possible but not sure yet. They worked on that plan for 30+ years.

>>24226806
>>24226806
https://www.desogames.com/shadowcontracts-and-a-history-of-comex-manipulation-in-2020/

>>24228517
been a long ass time since Ive had a klondike
mmmm
the cinanamon ones were the best, do they still sell them or is it just during haloween?

annnnd miners have almost totally recovered...

December is going to be fun i think

>>24228411
where are you gonna run to? what are you expecting? to survive? theres no running anymore anon. only 2 types of people if it gets bad, those that get and those that get got

>>24228363
Should we be investing in other commodities. Stacking copper isn't realistic seeing you need tons of it to be worth anything.

>>24228517

Pan Man is the person best qualified to answer questions about Klondike. He says that most of the drilling people are busy right now, because there is so much demand for it. It doesn't actually matter to me whether or not Klondike drills, or even comes out with any plans at all. Everybody can infer that they have hundreds of millions of ounces in the ground, so all we need to do is sit on the stock and wait for silver to go up. We own a part of every ounce of silver in that ground simply by owning the stock. So it is the ultimate call option on the price of silver.

>>24228879
>he doesn't stack uranium

>>24228879
really the only bits worth collecting for trade is jacketed wire and jacketed lead.

>>24228830
Yeah everyone saying there is blood in the streets but I am down only like 450 dollars and 320 of that is BHS

>>24228879

Investing in companies which are ostensibly "copper" or "zinc"-based, but where secondary silver content hasn't been priced in, is a good way to invest in the base metals. I told people to buy Fireweed Zinc when it was about half its current price, because I knew about the high amount of silver in the ground. But most people think of it only as a zinc stock, so it is going up today while everything else is dumping.

>>24228830
What miners do you hold Asuna figure-anon?

>>24228914
How many KS shares do you have, anon?

>>24229046
oh yeah,
just buy fucking kodak shares lol that'll be great

still waiting for the day someone mentions rollover futures to you kids

>>24228943
Is that even legal? Or safe? whos buying second hand uranium?
>>24229046
I'll try to look into Zinc and Copper stocks, hopefully I'm not buying too high

>>24228943
Ive got Cameco Corp and UEX Corp stock. Uranium is going to see a wild bullrun over the next decade.

>>24226970
So beautyful and shiny! Still in BC?

>>24229307
Refer to the following

>>24222868
Hi PM, what do you think of these drill holes from klondike silver?

>>24228517
>>24228914
Yes Klondikes issue right now is all the surface drill contractors and underground miners are already working / contracted out for the winter. They should have gotten in on that this spring but i guess they had other plans on the go. The ore they control is hard to describe, entire mountains of lead, zinc silver that have been mined on and off since the 1890s. Some of the richest silver mines in BC. Klondike is situated pretty well to get going again, I just hope they can get operating in time to match metal prices.

>>24229333
yes this was from a buddies clean up machine that he hadnt cleaned the nugget trap out of for a while. Great looking gold.
>>24229412 I can look at their results on their website in a minute, trying to read the raw data without annotations at the top sometimes gets me in trouble.

>>24229173
this is my mining stack, top holding is AUN,
AG and MUX and VGLD are about equal,
FPX and SSE have smaller but still decent positions and are more speculative though I will add to them very small positions in ELEF MMNGF

>>24229739
0 in BHS ignore that

>>24227807
Bingo, that's why (((they))) excited the chimps with muh white devil, muh systemic racism lately. Once their PS5 get offline they will go full zoo mode.

>>24229739
Thank you anon.

>>24228411
Way more than i own, sadly.

>>24229739
nice,

too early though, enjoy holding that for a couple of years

>>24216899
What if the states begin to nationalize the mines? Will we lose our ass?

>>24229892
>What if the states begin to nationalize
Then I hope you practiced with your gun, anon. That's a guaranteed shtf scenario.

>>24230007
pew pew pew

>>24229892
You'll have enough money to fuck off to whatever safe haven is left before then anon.

>>24229892
This only applies to Canadian miners

>>24230069
Also applies to any mine operating in South America

>>24230099
checked, 75% of worlds mining companies are based in Canada. Would be a shame if something happened to them.

>>24230069
So Newmont Mining is a bad buy?

>>24216899
https://youtu.be/TSNBTFQcXDA i just saw this fellas, 100 bucks for 1000 coins, backed by gold, should we buy a bunch? Its 10 cents for 1 coin

>>24230281
Surely Canadians won't be so stupid as to nationalize their greatest industry. Surely, right? ...Right...?

>>24230354
I mean Silver Wheaton

>>24230281
if Canada nationalized the mining sector, the rest of our economy would likely free fall with it. The mining sector has its fingers in everything from housing to data management. I dont see Canada continuing to properly exist if the mining sector was gobbled up.

>>24230391
Canadian here, it isn't us. There are very few pulling the strings and they are driving our entire economy into the dirt and setting the rubble on fire so take from that what you will

>>24225246
Your dad sounds like the man. I had to convince my dad to buy at 27 bucks even though I told him to buy silver at 16 dollars.

>>24230281

>>24230391
The Canadian central bank sold all of its gold. Interpret that as you will.

what do you think this guy's sperm count is

>>24230422
If there is one thing I have learned from this government is that it may very well be making the worst choices on purpose.....

>>24230532
we have been doing that under Trudeau since he got into power, and we sell it at a fixed rate too so were even more fucked.

>>24230440
>>24230532
Sure the economy is in the shitter, that's true everywhere. But nationalizing in general is a desperate last resort used by dictators who want to consolidate their power even more. Developed Western countries that don't produce much can't afford doing that either of course. The mining industry is Canada's boon of wealth, it's the one thing that can keep the Canadian Dollar up now that they have no more gold reserves

>>24230563
mate your not wrong there, Trudeau would rather appease the Ontario urbanite population and suck quebec's fake french cock than give two shits about the rest of the country.

the final gold pill, you can just mine more gold

so, have we bounced back from 1800?

>>24230726
Seems to be going up very soon now. The floor is clearly at 1800

>>24230586
>desperate last resort used by dictators
have you been living under a rock for the past 8 months

you think your pathetic ideals of 'individual rights' and 'individual freedom' are still valid in the 'post-covide' world

silver rockets over $30 tomorrow.

check and screen

>>24230626
basically the same story for over a hundred years... everything west of toronto is just slave labour

Likely this country will serve as the canary in the coal mine for when shit starts to accelerate even faster

>>24230770

>>24230540

castro is castrated

>>24230790
Have you seen any nationalizations lately? ...In any case, if things get to that point then all hope will be lost anyways (until an uprising begins to brew as inflation skyrockets). I don't believe we'll be seeing Western nationalization of the mining industry.
>>24230874
Kek. All true though, it's going to be a commodity decade regardless of what the short term charts say

>>24229892

Have made these points before in respect to nationalization:

1) At least four billionaires (Eric Sprott, Tom Kaplan, Ross Beattie, and Ricardo Salinas Pliego) have 90-100% of their net-worth in precious metals mining stocks, which seems to imply that there isn't as much danger in holding miners as fud might lead us to believe.

2) If one nation nationalizes its mines, there will be capital flight to miners in other nations to compensate for this, so simply spread your jurisdictional risk.

3) Mines were not nationalized during the Great Depression. People who invested in Homestake Mining (the ancestor to Barrick Gold) made 6x.

4) If every nation nationalizes its mines, there will be such inefficiencies in production (by analogy with Venezuela's oil industry) that PMs will soar as a result. Hence your 10-20% physical bullion hedge ought to compensate for any losses in the mining stocks.

>>24230864
I wish I could get photos of the strangeness thats already going on out here but winters a bitch to get out in the bush without a snowmobile. There are still dozens of people hiding out in the bush this winter because they either have no work or fear covid. People just drove out to the bush with a camper and just said fuck it. Its feeling a lot like the 1930s, lots of down on their luck people just hiding. my mates up north in smithers and Terrace are saying similar things too. That should already be sounding alarms off.

>>24230834
pipe dream

>>24230995
Ray Dalio is also saying that the current economic situation is looking like what was going on in the 1930's. He believes we're at the end of the current long term debt cycle and that China is emerging as the new superpower to dethrone USA. Plenty of interesting interviews on youtube too

>>24230540
0

Either he’s a eunuch or he’s a cyborg hence his eyebrow falling off. Testicles and testosterone are unnecessary for his handler’s purposes.

>>24231181
what in tarnation happened right after 1950?

>>24231277
korean proxy war

>>24230995
especially in canada there is a .... abundance of really sketchy stuff, one anon, I think beaver anon? had some good screen capped posts that went into detail that covered all the various canadian serial killers who fed people to pigs or did otherwise crazy as shit "just because they could"

I wouldnt be suprised to see a lot of barneys go missing as people just say fuck it and live in teh bush, hunt when and what they want, and S.S.S. if anyone tries to stop them

>>24230906
wake up idiot, banks have been nationalized a long time ago, now the airlines have been nationalized. Nationalized out of necessity of course, but its not long until they start nationalizing out of greed to compensate the losses from nationalizing failed insolvent shits that shouldve gone bankrupt a long time ago along with all the other zombies that have been kept alive with artificial interest rates. Insane levels of debt to gdp with a shrinking gdp means reducing gov. income with increasing cost to service their debt which means only one thing, steal-steal-steal, steal as much possible because the only alternative is default, fuck your mining company its ours now and its assets are ours and we need ''''equality'''' stop hording all this gold you fucks it belong to ''''''the people''''', dont underestimate the perversity of a failing gov. desperate to stay in power

>>24231277
Not sure actually, I'm guessing Cold War proxy wars, causing the eventual end of the Gold Standard in 1971

>>24228496

Tinka has been going up because they are demonstrating action. Drill programme is 30% complete, and they just added a third drill:

Tinka Provides Update on the Drill Program at Ayawilca, Mobilizes a Third Drill Rig

https://ceo.ca/@accesswire/tinka-provides-update-on-the-drill-program-at-ayawilca

As people on ceo say, a fair price for the stock, given the magnitude of the resources in the ground, would be a dollar, so it has a long way to go yet.

>>24229238

>How many KS shares do you have, anon?

Rather not give the exact amount, but KS is one of my largest positions.

who's baking?

>>24231277
systemic effort by globalists to move wealth and industry out of america and into china and plunge americans into poverty

>>24231402
And hippies.

>>24231462
Hippies were the reaction to the problem, not the problem itself

>>24231336
BC is a serial killers dream location, vast unoccupied wilderness linked by only a few major highways, with scattered impoverished communities inbetween. Highway 16 has taken two of my highschool friends and dozens of others too, its not called the "highway of tears" for nothing.

somebody bake, I can't be arsed

>>24231484
I know. Still hate them.