/biz/ - Business & Finance

>>24307663
https://seekingalpha.com/article/4391646-gold-inflation-is-accelerating
PM's going up once again bois

Should I wait $1500 for gold?

>>24307698

first for Waifus

>>24307718
No, it's not going down much more. $1800 is the floor, or maybe $1750. buy now

Daily reminder that silver has consistently lost value over the last 500 years. The chart only hides it via inflation. Silver is not a long term store of value, just a way for poor people to pretend they’re stacking large amounts of something valuable. It might go up in a bull market but if you think your silver will be worth its current real value in 50 years then you’re gambling on a centuries long trend bucking. Just buy gold.

https://tether.to/tether-gold-launch-meets-growing-demand-for-digital-exposure-to-worlds-most-enduring-asset/

Printing digital gold!

>>24307718
Buy now. If it drops to $1500 then you can buy it then since the probability of that happening is a 4-5 sigma event.

>>24307779
Still buying silver.

But you can get some of this shit:
https://etherscan.io/token/0x4922a015c4407f87432b179bb209e125432e4a2a

>>24307663
>Hey cousin, so I've heard you have some beautiful coins, wanna show me?
>Flex-slams a box of metals on the table

>>24307663

Cryptocucks seething

>>24307785
hahaha. as if all the empty fake contracts on comex arent enough
wewlad

>>24307663
yo i checked that offers and they are just bad for me, thanks for effort tho. i will buy krugerrands of kangaroos or maple leaf instead.

>>24307905
Fact.
>Imagine being a whitepilled normie believing the great reset and CBDC's are a conspiracy theory.
>>24307933
Gotcha. I am not adept in VAT lands.

>>24307785
This is insane, another option for them to smack the prices down or it won't affect the Market Price?

>>24307915
They are printing a ton of gold. So far 48,450oz of it. They just print 1,000's at a time. It's hillarious.

Reminder trading silver to gold is taxable event. Comex court will not let you get away with it.

>>24307779
This, I wish I hadn't gone all in silver when I first started browsing PMG and learning about metals, hopefully silver can go back above $30 so I can finally sell this shit and get more gold

>>24307913

Why crypto is going to zero >>24292655 >>24292676 >>24292696

>>24308017
This needs to be posted in every thread.

>>24308003
will be funny when the electricity and the internet fails, or systems get hacked. and all that virtual bullshit is proved to be what it really is, vapournothingware

>>24308014
Same here
Got a little excited due to the general euphoria. At least I learnt something I guess

All I'm gonna say is this, it's pretty much garunteed that gold will easily over $2000 10 years from now, can anyone on here confidently say silver will be above $50 10 years from now, and I don't mean for a few weeks or something, I mean consistently staying at that level and that possibly becoming the floor for the metal

>>24308017
If what he said was true, an ounce of gold would buy you a mansion. This can't be, there will be some other outlets of wealth, it won't be just gold asset and some minor satellites.

>>24308135
who the fuck cares about 10 years from now

>>24308135
>anyone on here confidently say silver will be above $50 10 years from now, and I don't mean for a few weeks or something, I mean consistently staying at that level and that possibly becoming the floor for the metal
use

yes

>>24308082
>Quantum computing

>>24308221
>an ounce of gold would buy you a mansion
A 400k home costs 200oz of gold in the current market. I'm assuming what will happen is the same home will cost 10 million in paper but 100oz in gold once the market is corrected.

>>24307963
It's been out for a while and regularly trades at a large discount because NO ONE trusts tether

>>24308276
millenials brain logic

>>24308317
Everyone except the wealthy ones would be forever priced out of the Real Estate. I thiiiiiink you'd have some revolutions and public executions of Landlords. (((They))) can't go to that level of extreme.

>>24308276
Because, if your looking for a hedge against inflation then gold is a better option because it consistently rises in the long term. If your looking to make profit there's thousands of more efficient ways to do that. So I just don't see what use silver has since it isn't the best possible hedge against inflation and it isn't the best or even most guaranteed way to make a profit, so what purpose does it serve for us? I'm not a crypto shill coming in here to troll, I enjoy stacking just as much as anyone else, but the hype has worn off and I'm starting to see silver for what it really is

>>24308135
>it's pretty much garunteed that gold will easily over $2000
It really isn't. The Fed could murder gold if they wanted to by hiking interest rates. Now they're unlikely to do that however, which is what people here are betting on. Really there is no shortage of reasons to be bullish on silver.
>silver has same basic properties as gold, divisible, fungable, lasting etc.
>gold/silver price ratio at about 80
>ratio of silver to gold in the ground about 16:1
>ratio of silver to gold currently mined about 8:1
>gold is around it's ATH, silver is not
>silver is a vital component in many industries, including ones with a very positive outlook such as solar panels and EVs
>silver supply us constantly used up, gold is stored in vaults. More silver is consumed than mined, meaning you either need new discoveries or start mining junk yards
Now is silver as good a store of value as gold? Probably not. That said there is many reasons to be overweight silver at current price levels.

>>24308338
Nope. Pure gold my man.

>>24308406
All of that applies to platinum twofold

>>24308476
No. Not really.

Why would you want gold when the GSR is historically high?

>>24308306
>"my gold exists on the quantum cloud. the ultimate safe haven for the new millennium. Where will you keep your quantum gold, when the the new digital age begins?"

>>24308406
>The Fed could murder gold if they wanted to by hiking interest rates
Yeah they'd just murder the entire economy along with gold lmfao

>>24308393
Ok post stack then

>>24308343

is the anti pm troll back?

>>24308624
Sorry anon. If you been round PMG a lot, we lose our silver and gold in hiking trips, boating accidents, and moving locations. We do not have any stack to show you.

Silver Eagles

Holt shit guys
Schwab just joined Twitter and EVERYBODY IS PISSED
>>24307834
>>24307834
>>24307834

>>24308677
Yes that happens, that we take pics for insurance purposes or receipts for the matter. You don’t have a stack your a troll

>>24308730
The comments keep piling up
https://mobile.twitter.com/ProfKlausSchwab/status/1332006207213727746/retweets/with_comments

>>24308639
>"The US won't be the world's leading superpower"
>"A handful of countries will dominate"
>show Chinese flag overshadowing the American flag
>You'll eat much less meat
>Refugees Welcome
>Western values will have been tested to the breaking point
Okay, so I guess in 10 years I will die fighting, defending my world.

Biggest new item on my feed today:
BTC CRASH!

second item
CANADA PENSION deductions go up 260$/month (ie you lose 260$ a month LOL if you think you are getting your pension when you turn 65, or 70 or 75 or whatever they raise it to)

>>24308782
That's the Turkish flag. Why are you Amerimutts so fucking retarded? Also, no one cares, only fat fucks that had it good for too long doing jack shit.

>>24308782
10 years is too late son, the fire rises today

>>24308854
Imagine if Canada somehow implemented a Silver Standard, but you could only use the commemorative Buttsex coins. Would it really be better than fiat?

>>24308854
>CANADA PENSION deductions go up 260$/month

Holy crap, they want to raise it even more? Forget about working at all if Seniors are going to take that money from me and everyone younger!

Is the market closed right now?

>>24308854
Source for pension deductions

>>24308677
This
>>24308624
As I mentioned before I went all in on silver, I (((lost))) a large chunk of it and only recently started getting gold in minecraft so my current stack doesn't match my words, but it will soon enough since like I said I want to be more gold-heavy now

>>24308940
rip canuck cucks
how there isnt all out civil war in every western nation right now is curious. sure seems likely at any moment now

>>24309078

I don't think we are the only ones either. UK has starting to increase their pensions too. So its more likely that most of the Western Countries will follow suit. It doesn't look good for anyone below 60 right now.

>>24308942
Yeah, it opens 6:00pm EST

>>24308999
Im only spoon feeding you because you posted trips and ass

https://www.fool.ca/2020/11/20/cpp-536-90-increase-in-2021-your-paycheck-could-get-smaller-next-year/

>>24308677
>>24309017
Even a single silver dime would suffice, don’t tell me you idiots don’t even have blowjob change in pocket

>>24308618
Lol no, back in the 70’s or 80’s the Chairman of the fed or some other high level financial person in the US government raised the interest rates to like 20% and it jumpstarted the economy, I forget the specifics but Yankee Stacking talked about it in one of his videos

>>24309192
I’m phoneposting so hopefully this doesn’t post sideways

>>24309192
Only those who glow would force pmg vets to post stacks to prove worth. All you should care about is the deals, and if you know your macro/TA.

>>24309213
America still had a manageable trade deficit and manufacturing base to work with back then. Today they do not. The financial markets are the engine of America, and hiking rates would grind this engine to a catastrophic stop.

>>24307779
So you mean we are buying the absolute bottom of a 500 years dip of the most undervalued asset on the planet? Sounds absolutely fucking perfect to me.

Also you'll never be a woman.

>>24308530
lower vol

>>24307779
I'm going to trade silver for gold when the g/s ratio goes below 30, and you probably should too

>>24309297
Appreciate the coin posters

>>24308655
Yeah, he disclosed the same schtick too. 18 businesses all with rev >$1 mil, saying 80% of the thread is him samefagging and telling everyone that they are poor. Simultaneously there are multiple people suddenly saying that no one should own silver lol.
Faggots ban must have expired or hes off his lithium again

>>24309297
Nice thanks anon, if your gold your aiming for, why not wait until the gold/silver ratio normalises a bit. Gold and silver come out of the ground at a ratio of 1:17, historically this has also been the norm in money. The current ratio is around 1:80 ish I think, it can go realistically to 1:50 or even 1:30 at that point you can sell your silver and trade it for gold I think.

>>24309346

>>24309462
>Gold and silver come out of the ground at a ratio of 1:17
wrong, it's 1:8

How in the fuck do I sell silver? Have 300 oz I bought at like $17 each in 2017 and it’s just fucking sitting there, while my stocks have skyrocketed.

>>24309462
waiting for it to go below 60, thats why I'm still holding about half my silver, but I think once the ratio tips in golds favor its gonna take a big price drop for me to buy back into silver

>24309588
Nobody give this faggot a (You)

>>24308624
Based Nederlander!

Waar haal jij je zilver en goud?

>>24309653
>Mad he has nothing
Come buy some silver, fucking faggot. I’ll even let you suck me cock

>>24309551
I stand corrected, 1:17 is about what is found in the Earth crust. >>24309017
I actually have to same problem, I want to buy some more gold but the wacky gold:silver ratio is preventing me from pulling the trigger. I feel gold is to expensive now still

>>24309732
If the ratio is going to lower I don't think its going to be from gold falling in price by much, it will probably be a rise in the price of silver that does it imo

unironically thinking about withdrawing for my government savings account to buy gold to hold

>>24309213
Back in 80's we didn't have massive overleveraging. The Fed literally cannot raise interest rates. Businesses would go down and people would be left jobless, some homeless. Deflation, recession, and swiftly, depression

>>24309660
Als je weet wat je doet (maar echt heh) kan je op Marktplaats zilver vaak op of rond de actuele smelt waarde krijgen. Vakje ziet vaak onze oude Nederlands muntgeld; Rijksdaalders, 50 gulden 1 guldens. Ik zou weg blijven van gouden tientjes en Willem rijksdaalders als ik jouw was, veel neppers. Ik blijf vooral bij Juliana riksen en guldens van voor 1967. Hier vind je meer info: http://www.zilverenguldens.info/

>>24309660
>Waar haal jij je zilver en goud?
lmao i thought you were goofing around typing gibberish but this is real dutch

>>24309732
If I'm not mistaken, 1:17 is what exists in the crust. 1:8 is what is currently mined. Gold is more profitable right now so we spend more energy looking for it.

>>24309833
> Businesses would go down and people would be left jobless, some homeless. Deflation, recession, and swiftly, depression
That’s already happening, because the government shuts down the economy over the fucking flu

>>24309910
Batflu is cover for the utter failure that is QE.

>>24309910
Yeah add higher yields to that and watch everything burn. If the Fed didn't keep yields low by buying up those bonds the economy would've collapsed in on itself. It's either gradually accelerating inflation or deflation in the current economic situation. Nothing can save the economy anymore

some guy is selling coins at 1461€ per oz
i'm tempted but the price going down makes me think this isn't the best time.

>>24310008
Suspiciously low. But now is a good time to buy

Why do the deals suck so much cock this year bros? I don't even think I'll be able to make it to the 5am apmex shit. ITS HOPELESS

>>24310008
Yeah I agree a bit on the low side.. where is it from? (You don’t have to post the link)

>>24309897
Cute isn’t it

>>24310142
>>24310038
i just bought from him and he said he may be selling more in the near future and i just thought i probably don't want to get too crazy with the buying rn

>order ships after 5 days
About fucking time

>>24307663
Why is the Philharmonic 1oz silver Bullion much cheaper than a Brittania 1oz silver bullion? I'm new to this so it might be something really obvious I'm missing out.

>>24310778
Take a look and see for yourself.

>>24310842
So its mostly because of appearance?

>>24310914
Yes. Demand for philharmonics is pretty close to spot. I can’t think of a government minted coin with a lower premium. Idk y they decided to cut costs when designing the coin

I received my first bar of silver today and it feels good man.
Im one of those staklets that its only begining but I love the idea of collecting/accumulate pm

/pmg/ is the only thread that i visit so can someone tell me if the crypto shit is finaly collapsing?
I'm beginning to see a few red wojacks so that's a good sign lol, fucking teenagers.

Scottsdale black friday deal. https://www.scottsdalemint.com/product/scottsdale-stacker-set-of-5-10-oz-silver-bar-and-1-100th-oz-gold-bar/

>>24310098
March was our time
if you missed it ya dun goofed kid

>>24308999
>butt!
thanks Aussie Satan

Look alive people. Silver market is up, and seems like we will get more cheapies.

>>24310842
I hate silver milkspotting and tarnishing. That is one of the reasons I prefer to buy gold.

>>24311169
>Silver market is up
what? I thought it was crashing to $21 ?
this is intolerable!
stupid shiny rock. stop going up and down

>>24310098
High demand regardless of discounts so no point of big discounts.

>>24311155
Here a bonus for your fullhouse

>>24311251
When a market is up. It means the trading session is now live. Like if I say the oil market is now up or the New York exchange is up,

>>24309588
Ebay or LCS, they will buy no matter what

the more i read and watch the more i want to go ALL IN on physical gold and metals.

>>24311403
Why not ease your way into it? Drop 5-10% that you can into black friday deals anon. You will get a lot better once you have it, and realize what society is robbing from you so you will not panic buy for safety.

>>24311448
no i mean we have an rrsp type account and i was thinking about cashing it out to buy pms. i really feel like hyper inflation is coming and will fuck us

>>24311306
ah, oh okay.

>>24311085
It's a red day but no not really
https://coinmarketcap.com

>>24311304
big 'ol a butts!

>>24308393

>Buy silver
>Wait for GSR to drop
>Trade silver for gold
>Real estate values plummet relative to gold
>Trade gold for real estate
>Gold value decreases relative to real estate
>Flip real estate to PMs
>repeat every decade or two

Use the valuation cycles, my man. Just diversify. Use crypto and options spreads on meme stocks to earn in the short term and profit on IV and uncertainty. Hold PMs for medium term gains and transcend the fiat scam.

>>24311506
Do it. It is not hyper inflation you should be worried about anon. Watch this if you have time. https://www.youtube.com/watch?v=7fXs3t3mQj8
Everyone is rich on paper until they cash out. Look at those crypto cucks on biz. They all think they are millionaire until they get their rug of reality pulled out from them. Take the hit. We are hitting record highs. Do you think it is sustainable? No. So take the hit. If you lose 300% on paper of potential profits, but the government does not allow you to make it realized for 20 years even with a tax penalty. Does it really matter in an emergency?

>>24307663
Those were the days, my friend..

Since a lot of gold and silver coins are foreign (sovereigns, krugerrands, maple leafs, etc.) does anyone here hoard or invest in foreign currencies like the yuan or euro?

>>24311653
foriegn paper fiat

only as curio relics

>>24311653
No. All currencies are paper only. No gold backing. It is foolish to hold it unless that nation is part of your escape plan.

>>24311506
Also anon, canada has no gold in their bank. https://www.bankofcanada.ca/rates/related/international-reserves/
Plus, gold and silver with a passport can get you out of dodge while keeping your wealth.

>>24311506
FWIW you can use your rrsp to invest in mining stocks to protect your profits from the tax man

if I've got a 401k that's has gains of +30% over this year to date. safe to let it ride? or transfer some to PMs somehow?

>>24311926
Up to you. However, I would always transfer 50-80% into PM from the gains.

>>24311396
eBay terrifies me of niggers saying they never got it

Are Van Metre and Dent retarded? I agree that we are looking deflation, but they both seem to think that the Fed and Senate will just let that happen instead of just dumping a shit load of money into the real economy. Also Dent keeps spouting crap about inflation not going up, but it clearly has been if you don't use the bullshit CPI

>>24312003
Who are they? Do they not get money supply and velocity?

Azusa on here; I like how this was my closing chart, and market opened at 1811, floated down to 1809.55, trickled completely sideways, and then the candles changed

>>24311653
I have some mexican pesos, British Pounds a few Euros and Japanese Yen that I'm too lazy to exchange. I don't really see the point of hoarding foreign fiat, it'll all collapse when the dollar does under the current system.

>>24312192
*AusAnon

>>24312192
Yeah i posted a related chart earlier with gold vs bonds

Things look primed to move..... im hoping it can hold off just a few more days so I can finish taking the last few positions

>>24312003
Dent is unironically retarded

>>24312026
They both do the rounds on the PM youtube circuit and seem pretty bullish on bonds long term which makes no sense to me

>>24312192

>>24312332
If they are bullish of certificates of confiscation, they they are absolutely stupid. Go into the Macroeconomy section of youtube then go into PM from that section.

>>24311169
March cheapies?

>>24312369
Elaboration on meme lines?

>>24312516
So the green lines are a general indicator of the ranges you can be. Top green is a general local indicator if people overbough stock, middle is when you are generally in the clear & it can go either or, and lowest green line is when people oversold and panic wojack. The red line is average buying trend line when the purple is average selling trend line.
The thing he is trying to indicate is that people panic bought and are now selling, but he forgot to factor in the closer trend where it broke past the oversold local trend, and it is now going to be range trading (aka, go between the top and lowest green line).
>>24312464
Idk, we need to see how the us supreme court decides upon the election.

>>24312003

Harry Dent shut down his Youtube comments section because too many people were criticizing him. Not a good sign when somebody has to hide from free speech.

>>24307663
Just watched the Schiff vs. Pompliano debate, thinking crypto is useful as a store of value should be considered a mental illness

>>24308393
When gold gets too expensive for the average everyman's monthly paycheck, everyman starts buying silver. Then when people start treating silver like gold, it starts acting like gold.

>>24313269
Wasn't that from like years ago lol

>>24312657
Biden would be more bullish for PM, no?

>>24313543
that idiot puppet is going to be a stranglehold on everything good and productive either through regulation, restrictions, legislation and taxes
while he takes billions in tax money to give away to jogger rioters

>>24309213
For fucks sake you don't even know Volcker's name but you're willing to say hiked interest rates would jump start the economy. RIP

>>24313785
Let me guess, you’re a proponent of negative interest rates?

>>24313660
how is that not bullish for PM?

>>24312657
>we need to see how the us supreme court decides upon the election.
the election was already decided, the supreme court has nothing to decide.

>>24313853
What are you on about? Negative interest rates are time bombs of unintended consequences. They shouldn't exist but central bankers conjure them up from their ivory towers and their outdated, awful ideas of how an economy functions.

I'm a proponent of sound money and free markets. I have no clue how you came to that conclusion.

>>24314088
I’m saying that high interest rates are objectively better than the near zero rates we have now, in the 90’s interest rates were around 10% and the economy was moving just fine

>>24314088
I can't take austrian economists seriously

I mean they're exactly right in a world without fiat, but we don't live in that world anymore. It's like belonging to the equestrian school of car repair

>>24313543
Yes, but at what cost?
>>24313982
If the fed make a backroom deal with the trump administration to keep the pump up, there could be a shift. Otherwise, I would agree Trump has no hope.
>>24313269
It is. Especially if the entire electronic grid shuts down like in the past. https://www.history.com/news/a-perfect-solar-superstorm-the-1859-carrington-event
Imagine having this be memory holed, and thinking a constantly exploding sun will not stop the grid from coming down. https://www.swpc.noaa.gov/phenomena/coronal-holes
https://www.nasa.gov/feature/nasa-researchers-track-slowly-splitting-dent-in-earth-s-magnetic-field

>>24314226
>there could be a shift.
for the SCOTUS to rule there has to be a legal case brought before it. Trump has no legal basis for questioning the election because none of the fraud he alleges actually happened. This has been proven repeatedly in court already.

Maybe he has some incredible evidence of fraud that for some reason he's been hiding this whole time, but why would he do that? In reality the election was decided weeks ago and the SCOTUS will never hear a case about it because Trump has no case.

>>24311097
>when any silver in stock was $6 over spot

>>24314375
I legit do not care about the election since the only key thing is the economics. Both of them acted like puppets to the pozzed congress who is under control of the FED & Centeral banks.

>>24314429
Fair enough. Backroom deals to overturn the election would legally end the United States and immediately result in war. The economic impact of that would be yuge, to quote the cheeto-in-chief

>>24313954
its not

>>24314551
Did you come here from Reddit?

>>24314726
No, I was here before reddit existed. I don't know anything about reddit. I'm just not schizophrenic or retarded so I don't fit in well with you newfags.

>>24314756
>”I'm just not schizophrenic or retarded so I don't fit in well with you newfags.“
>anyone that doesn’t believe in the results of a fraudulent election is a schizophrenic retarded newfag
Yeah I’m thinking you’re from reddit

>>24314375
Go to bed Hunter. Your Daddy's going to take you shopping for a new laptop computer tomorrow for jogger Friday.

>>24314820
The president has had several weeks to prove fraud in court and so far he's proven the opposite.

yes, you're schizophrenic. Unless you think the judges he appointed are now conspiring against him all across the country. But even that's a pretty schizo idea

>>24314851
nothing has been decided. you don't know what will happen. trying to assert otherwise just makes you look unhinged.

>>24314851
>"The media tells me what to think"
your drunk on koolaid

>>24314851
>yes, you're schizophrenic
You’ve been on this general for months saying that to everyone who doesn’t believe in the election fraudulent election, I think you’re massively projecting since “schizo” is the only insult you use. Also post your stack faggot

>>24314851
>so far he's proven the opposite.
According to who? CNN?

>>24314892
almost all of his 30 lawsuits have been tossed out of court, appealed, tossed out again, appealed to state supreme courts, and then tossed out again.

It was decided weeks ago by the people of the United States, he's done. You may not believe it yet, but that doesn't mean it hasn't been decided.

>>24314114

It's never so simple to say higher interest rates are better than lower interest rates; in our current system they're cyclical and more importantly reactionary to the economic conditions. For example according to the central bankers, Interest rates may be set high to stem an overheating economy, and set low to pump a slow economy. In our current situation, jacking up interest rates would blow a lot of companies and individuals up as loans stop being rolled and everything defaults. I do wish that monetary intervention never happened in 08, so that companies that deserve bankruptcy would've been allowed to so that we wouldn't need to be keeping them alive for the next decade with easy money, but there's so much more to it than that too. Saying high interest rates are objectively better is like saying July is objectively better than November. Yes, maybe you're right-ish, but it's missed the entire mark and doesn't make sense beyond the first level.

>>24314146
I've thought about this before, a nation that switches to hard money would be out-competed so much in the short term that the long term benefits wouldn't matter, as they may not reach those benefits they had originally switched for. It's all or nothing, and it makes sense that theres whispers of great resets and new currencies; the current fiat system has reached the end of it's life cycle like all fiat eventually does, but a switch to hard money is strategically impractical for nations and improbable from those in power who benefitted, and so they want to go from old fiat like the eurodollar system to new fiat, like a CBDC system. However this new system will be even more heavily centrally planned and manipulated by the ivory towers, and as such too will not survive long and likely will blow up worse. There really will be a reset then, a Greater Reset, but who knows what state society will be in then. Gold and Silver holders may benefit heavily in that world, but it's not a world to be in.

>>24314949
>According to who? CNN?
local, appellate, and state supreme courts in at least 4 battleground states so far.

>>24314944

>>24314965
>I've thought about this before
ok, I agree with everything you said there exactly. You definitely have thought this through.

>>24314974
>16/11/2020
Lol, why are you unwilling to take a picture of your stack with time stamp today?

>>24315029
I’m European that’s how we write the date

I haven't been paying much attention to silver but I have been buying gold. There's a guy selling 1 oz coins at 21€ I think I'm gonna ask him if he wants to trade for gold. Would you trade 35 1 ounce silver coins for 1 half-ounce gold coin?

>>24315056
Today is the 26th of November. I want a timestamp from today or it doesn’t count

>>24315076
you're that faggot that always demands people post their stacks to argue with you, but never posts a stack himself

kys

The sales tomorrow will be amazing.

>>24315128
Lmao you obviously don’t have a stack if you’re not willing to post it with TODAY’s date. Seethe harder nostack

>>24315167
I just want to buy some ammo and its sold out for the next 5 years

>>24315179
that's not even my stack, you complete moron
check the ID

post your stack or fuck off.

>>24315211
Still waiting on your stack

>>24315254
Show me yours and I'll show you mine

>>24315327
I asked you first, saying “show me yours and I’ll show you mine” is a deflection tactic. In fact I don’t even need to see your entire stack, all you have to do is timestamp and ID a few gold or silver coins. Shouldn’t be too hard if you actually own it

Is gold and sterling silver jewellery worth stacking?

>>24315443
I don't have to timestamp anything

you do this every thread. I've never seen you post metals. It's obvious you don't own any

>>24315471
>I don't have to timestamp anything

>>24315457
Prepare to pay twice the premiums as you would do coins

>>24315530
face it, if we HAD to post coins to be here you'd be long gone, kid.

>>24315542
I was thinking of buying off people who are desperate to sell

>>24315559
Still waiting on your (likely non-existent) stack with timestamp

REE chad reporting in

>>24315582
I've already posted it for you before and you said it doesn't count. Cry more faggot. What are you even doing here if you don't stack metal?

>>24315577
That might work then

>>24315612
>I've already posted it for you before and you said it doesn't count.
Then where is it?

>>24315624
>crickets

>>24315624
post yours and I'll show you
you can't do that because you don't have any

>>24312003
>Van Metre and Dent

Literally WHO

Just names that have been floating around because they've put themselves on the scene not by credibility but by sheer force of contrarianism

>>24315776
>post yours and I'll show you
You just keep on digging yourself deeper into that hole there pal

>>24315936
Don't know about Dent but Van Metre got picked up by all the biggest Macro outlets very recently once they noticed how smart he was. Even Real vision has him on often now. He's not contrarian for the sake of it, and he explains his thesis very clearly, but reasonable people can disagree. If you want to see an awful contrarian look at David Hunter.

>>24314851
1 affidavit was good enough for impeachment but 14k affidavits about voter fraud proves there is zero voter fraud.

>>24316113
>If you want to see an awful contrarian look at David Hunter.

In what respect is he contrarian for the sake of it? I remember listening to an interview with him on Palisade and he seemed spot on.

>>24316292
literally BTFO

>>24316292
The impeachment was a court investigation, just like all the voter fraud affidavits have been investigated in court.

neither case resulted in a conviction. 14k affidavits of voter fraud and republican judges have tossed out every one. Or republican lawyers tossed them out themselves.

>>24316113
Why do you say David Hunter is an “awful contrarian”?

>>24312003

I would respect their opinion more of folks in this camp, if they would:

A) stop understating asset inflation and giving credence to UBI
B) use the term "disinflation" instead of "deflation" (QE having diminishing returns doesn't mean it has no return)
C) stop pretending that QE is just creating bank reserves and nothing else, and that they don't know that debt=money
D) stop acting like markets can't price in future government intervention when QE reaches it's limits (congress squabbling over stimulus for a few months doesn't change the end result)

>>24314965
> In our current situation, jacking up interest rates would blow a lot of companies and individuals up as loans stop being rolled and everything defaults.
Explain this

Anyone looking at black Friday deals, or no?

>>24316588
for metals? yep

>>24316371
And you are tossing my fuckin salad, theres affidavits,video recording, and law breaking by officials. Im not even a burger and this shit was rigged more than elections in Russia where theres literally no elections. Fuck you gaslighting commie. Trump or riot

>>24316588
apmex has some good doorbusters, the only other deals I've seen are Asahi's for $1.7 over spot at bullion exchanges and war nickels for spot at monument

>>24316707
The asahi deal is awesome but I already have like 90 of them .

Bros, apmex has it back in stock...

>>24316637
>russian shill wants americans to riot
such a surprise

>>24312192
>>24312369
Turns out it was a broker error; have been immediately reimbursed for lost funds of broken Stop Loss for price action that officially never happened.

>>24312516
Bollinger Bands, High/Low Moving Average

>>24308012
Cant be tracked or traced like any of your shitcoins...

>>24316953
>believing in Russian shills
Take your meds schizo

>>24312657
I was indicating that the final M1 candle before close broke down to 1799; but within 40mins of open the charts changed, the candles changed, price action never actually touched 1799, and I've now had the broker reimburse lost funds for action that 'never happened'

I am generally tempted by junk silver and sovereigns. But, aren't fractional coins much less ideal as a commodity investment? Isn't it a greater effort to extract out the gold from a british sovereign than from a canadian maple leaf?

>>24314375
How can you be a liberal moron and be on a thread like this? Just visiting?

>>24317988
Why would you melt a sovereign

>>24314375
Your info is about a day behind.Trump will prevail.

>>24318027
I'm not. Liberals aren't the only ones that think you're retarded. You're so far right that moderates and about 2/3 of republicans think you're retarded as well.
>>24318236
Trump said he'll concede if the EC votes for Biden. That's already guaranteed to happen.

>>24317988
Nobody would melt a Sovereign, everyone who wants Gold would rather have it as is. There have been entire nations that have had the near entirety of their Gold Reserves in the form of Sovereigns.

>>24314965
>Yes, maybe you're right-ish, but it's missed the entire mark and doesn't make sense beyond the first level.
Demand for dollars is high, raise the rates faggot.

>>24318505
classical liberal, two time obama voter, two time trump supporter, and recent asahi silver lover. anyone right of center left understands that this election was a sham. I don't think he's retard at all this election was a complete sham and everyone can sees it. the worst is the blatant evidence out there from tiktok videos of poll workers ripping up ballots, the number of ballot counting mistakes, the blocking of poll watchers, questionable electrical voting systems, and the most important part is the unconstitutional usage of mail ballots and our election day which has a time and date based legislature decision only. An audit would clear up any issues with this election and ensure that trump has to step down but were never going to get one and forced to believe the system just works when it obviously doesn't. If clarity isn't given then moving forward there are only a few things you can trust which are knowledge, skills, PMs, firearms, and ammunition.

PSA: Kirkland sold their entire position of Novo Resources it seems. Now is a good time to enter Novo if you're bullish!

I had a dream last night. Tucker and AOC get together. AOC goes wild for the Tuck you can't cuck and jumps his bone. This is clearly a sign of the end times.

>>24319014
Michigan, Pennsylvania, Georgia, Nevada, and Arizona have all run audits of their elections, and those are just the ones that have made the news.

The problem is even if ALL of the videos and affidavits were true they still wouldn't change the outcome. He lost by far too large a margin to attribute to fraud.

the other problem is that every single one of those videos and affidavits has been tossed out of court because they're not true. If you believe this election was fraudulent you're much further right than you think you are.

>>24319014
>>24319068
>why is there smg tier pol on pmg
>it's also fucking leftypol
>>>/out/

>>24319233
I just wanna see shiny rocks

>>24319351
I wonder if anyone here has purchased the sterling pepe. I'm thinking about getting some maples.

>>24319233
>>24319451
when we killed nazis in WWII we didn't give them safe spaces. We didn't say, "you can't shoot him, he's in the bathroom." We killed them wherever they were.

but yeah, let me just leave your nazi echo-chamber because I have offended you. That'll happen.

Think Silver will go sub-$20?

>>24319524
The only one you'll be killing is yourself
You'll never be a woman

>>24319531
No.

>>24315577
I tend to keep an eye out for Deceased estates and such, I got a real nice deal on some antique silver tools from one recently.

As well as garage sales, Sometimes Swap meets/markets but a lot of them are euro's trying to sell shitty coins for far more than their worth. So I tend to stick to Garage sales, especially if it looks like they are cleaning out the house or are moving.

>>24319553
Looking to buy about 100oz worth. I imagine it being $19 or $23 isn't a huge difference but I'd hate to pull the trigger and it drops like a rock monday.

>>24319549
my goal isn't to kill anyone
it's the same as your goal- to take your safe space public and let people see what you're like. Nothing kills people like you faster than exposure to the light.

>>24319637
And nothing kills trannies like you faster than showing everyone you can't pass

>>24319737
show me on the doll where the gay person touched you

>>24319053
66% shares* apparently

>>24319524
Oy vey, if I'm not on your side I'm against it? Are you a nazi threatening me on the town bulletin? Take this Philly and go get reassigned.

>>24319531
No

>>24319958
You guys dislike jews because they're competition, not because they're evil. You want to be them but they're better at it than you are. Racism suffers a similar mythology and envy. Even your mockery of trannies has a very prurient interest at the surface.

Irony in a thread dedicated to hoarding gold and silver, a traditionally jewish activity in myth if not reality.

I have a bit of a connundrum, /pmg/. I've been looking for a very particular somewhat rare Silver round from the early 70s for the better part of a year now. Just today I finally found it for $27, is it worth the premium?

>>24320415
How much time have you spent looking for it?
How much more time will you spend if you don't buy it?
What's your time worth?

unless you're extremely poor you should just buy it and be happy it cost so little considering how much you wanted it.

>>24320387
>You guys dislike jews because they're competition
Why are you projecting? What have I done that is racist and why do you persecute me? Why do you hate what is true and spin these lies?
>26 fucking posts

>>24320440
>How much time have you spent looking for it?
A little over six months, I found one for $34 back in July, but I decided to pass that one up.
>How much more time will you spend if you don't buy it?
Who knows, I had pretty much given up hope of finding one anywhere close to spot a month ago until I stumbled across this one.
l guess I should buy it all things considered, I haven't found it anywhere close to this price when spot was lower and the round is in its original packaging which will increase its resale value by a lot if I need to sell it.

>>24320611
well for comparison I've spent a couple hours a week for the last 12 years trying to find one particular coin to complete a collection. This year I finally found one on ebay.

I figured up how much time I'd spent and how much more time I'm likely to spend and I bid $6,000 for the coin. I won the auction at $200. That might or might not be expensive for that coin, but to me it's a freakin bargain because now I don't have to spend any more time looking for it.

it's up to you but I'd just buy it. That's really not far above spot and silver will probably go up past that in the next year anyways.

I love Krugs

>Africans will sell us their precious silver in aesthetic form for bits of paper.

Can you believe when I was 18 I had a SILVER DOLLAR COLLECTION?

>>24321115
lel

>>24319524
The Nazis were imported to America. Retard. The German Nazis sent man to the moon. Why are you such a dick chopper?

It's clear PM is Nazi. But Bitcoin is even more Nazi. Also, central banks are into gold so I suppose they are Nazis. Indians are Nazis. Chinese are Nazis. Old grandma with gold necklaces is certainly a Nazi.

You will never be a woman.

>>24307663
It this the last chance to buy gold sub 2000 prices or will we go down to 1600 levels? I am thinking about purchasing a few oz in December.

>>24321972
>It's clear PM is Nazi.
PM is Libertarian, period.
The nazis confiscated PMs and force fiat central banking on their population.

Nazis are just right wing socialists, they're all faggots who don't understand economics, read Hoppe.

>>24322049
According to the World Bank 2018 CMO report gold should be 1,250 this year and silver 16.80. By 2030 gold will be 1,100. So. I suppose the price in the market is all fucked up and wrong. Cheap gold and sivler ahead thanks World Bank.

>>24322077
You seem like a faggot - I can tell by the way you post. Everyone that isn't black is a Nazi, get with the program you amerimutt. Suck a dick dumb shit.

>>24322093
With so much debt being issued next year, I think this is highly unlikely. But then again I am one of those who would not mind seeing 1100 gold prices.

>>24322093
>>24322049
Never underestimate dumb money. I'd wait to see if 1700s are tested, just remember we're staring at delivery month of December and I'd expect trickery to to occur either before the month is out, or Jan through Feb. Paper markets are weighted Long atm, and I don't expect a Blackjack moment during this delivery month. Consider breaking purchases down into smaller installments rather than a single large purchase

>>24313351
They did an impromptu youtube one when gold hit ath

Christ I just woke up. Are all of you newfags? Do you not understand this absolute faggots game by now?

Dollar under 92 LETS GO WAGMI

>>24322175
Not an argument.

>>24322468
https://www.youtube.com/watch?v=4E-jHhfyRSA

Bro apmex has AGEs FOR SPOT right now, and austrian gold schillings and 100g suisse bars

>>24308406
>>24309213
do you realise that raising interest rates will destroy the world economy? it simply wont be allowed to happen. we are in a debt trap. i dont think enough people on /biz/ have realised the severity and true nature of the economic reality we are in.

frens, what do you guys think of OneGold?
I used to have an account at goldmoney before they hiked the storage fees to get rid of poorfags. Also moving in and out was a pain in the ass.

>>24323208
Haven't used it, but know Craig Hemke has recommended it; I'm sure someone here would have info about pricing and functionality etc

>>24323162
Correction we are in a debt trap and liquidity trap.

>>24323496
For anons who do not know.
https://www.investopedia.com/terms/l/liquiditytrap.asp

>>24323538
https://www.nytimes.com/2020/08/04/your-money/mortgage-loans-credit-cards-coronavirus.html
https://www.cnbc.com/2020/08/03/banks-say-they-are-tightening-lending-standards-even-as-demand-for-money-falls.html
The nightmare/dream scenario for the FED is here where they become the goverment.

>>24323208
>they hiked the storage fees
they only did that because the regulations changed and fucked them over, they were trying to lower the fees as much as possible

>>24323496
>liquidity trap.
keynesian nonsense

>>24323666
That is what is in the FED's mind, and some of them are panicing like the sheep they are in minecraft. I am not a Kenynsian, but I am looking at what they are thinking. Also, checked.

>>24323680
>Also, checked.
whoa I'm satan

>>24322640
Bullshit.

>>24323803
It is starting in 40 min anon. Get ready asap.
https://www.apmex.com/blog/2020-black-friday-shopping-and-savings-at-apmex

>>24323821
None of these deals are discounts, they are just % off premium. Weak. They should give an actual discount code or free silver if you purchase over a certain amount or something

>>24323821
Holy shit.

>>24321115
kek

>>24323821
>>24323960
Do they do this every black friday?

Posted about this gap yesterday. Bounce was weak fairly weak and faded quickly. Interest at these levels need to be tested otherwise it won't form a proper base.
I was and am still long but I am moving my stops closer in anticipation of a possible follow through to the downside, completing the bear flag.

>>24324169
So you will think it will go lower anon?

>>24324340
If it doesn't form a proper base today in the area marked green I am closing my position

>>24324169
I'm not as advanced as you are but the conclusion I've come to is that in this status quo the floor is either 1800 or less likely 1750.

>>24324385
Thanks for the input anon. Was looking at buying 1k in IPT but if it still goes down a bit will wait.

>>24324385
Thanks I will wait then today

>>24320387
>Even your mockery of trannies has a very prurient interest at the surface
Holy shit this faggot literally supports trannies, not a surprise coming from a Biden supporter

Folks, I found a post about duckdao.io, the first crypto incubator. Does anyone take part in this platform?
Seems like their DDIM tokenomic shows amazing results

>>24322640
Yep. Scam it was.

Gold and silver just fell off a cliff

Well, it broke under 1800. Let's see how low we go. On the flip side, it is black Friday so we get nice discount.
At what price would you guys buy big?

its over

>>24324567
HELL YEAH CHEAPIES

>>24323821
It's gone.

>>24324608
Bullshit never was
They sold 2 coins at spot and shut it down

>>24324617
It's a small comfort then. Thanks anon.

Hahahahahaha, like a fucking clockwork.

>>24324555
>>24324567
I hope it stays low for the rest of the year
MORE CHEAPIES

>MY

>>24324690
Still not even close to the price I bought in April/March

>>24324169
Bear flag seems to be completed. Strong follow through, expect more downside

>>24324742

>>24324742
I'm so fucking happy, hopefully it stay that low until early January.

>>24324742
It's all manipulated with paper, they knocked it down today below the $1800 like every gold pro told you they would. It's about expiring the standing contracts to cover their shorts.

Silver's dead

>>24324617
The eagles were gone by 8:04

I still managed to score the 1000 shillings gold coin though

>spot price 17GBP
>lowest price you can buy online is 27GBP
Yeah, either the dealers stocked up during the top or they know it's going right back up and refuse to sell cheaper.

lol woke up to a smack down

>>24307663
Who’s baking?

>22.50
Imagine if it drops below $22

>>24324169
whats the point of this analysis in a manipulated market?

>>24324939
This, there is none.

>>24324959
>>24324959
>>24324959
New

Poor man buying the dip for his first stack.

>>24324912
Could very well dip (slightly) below 22. Pm market in general is in shitty condition. No good trade to make so I'm leaving it for now

if you guys remember me im on /pmg/ for couple of days wondering if i should buy 250OZ silver and 3 oz gold, then i had idea to buy 500OZ silver.

so looking at these fuckin charts, and after sleeping with idea of buying for 3days, this shit is looking horrible.

basically all gains from July just vanished, with my basic ass TA :
>if silver breaks 22, its going to 19
>if gold break 1750 it's going into 1600's even lower

JP Morgan doing what it does best.

>>24323538
kek