/biz/ - Business & Finance

>>24324959
First for trannies will never be a woman

Would be sad to see the prices only go up because of the Corona Panic, not the mass money printing. Now that the panic is over we'll have a ride down, the question is, what will happen in 5 years? They have no choice but to print.

https://amp.ft.com/content/fc7d166f-a951-48e2-a33f-f7b58ab8c6cd

Portugal is dead. Who's next?

>>24324959
I heard 1000 dollar gold soon, what say you fellas?

>>24325018
Stacking as much gold and silver as i can buy especially silver though, its a great buying opportunity before the bull run

Posted this in the last thread, but my gut tells me this is the time to buy the dip for my first stack. I keep refreshing the cart watching it go lower bit by bit. Should I go for it?

>>24324939
Don't baghold a shitty position because you feel like the market it manipulated. Accept the conditions of a probabilistic system. Losses are the cost of taking opportunity. Move on to the next trade.

Why are we crashing -again-?

With the news I'm reading I am starting to think I should be stacking FOOD for the next couple years instead of metals. Saw a recent Mike Maloney video and they were talking about how they bought farms.

>>24325098
If I were you I’d hold off, as soon as the “vaccine” is rolled out prices will plummet and you’ll be able to snag some nice cheapies

>>24325141
Market is going full risk-off approach. That's my best guess other than jews.

>>24325171
You mean risk on? Risk off would mean buying safe haven assets such as gold. Risk on would mean buying more tsla shares because line only go up.

>>24325194
Yeah, my bad. Sorry.

>>24325163
Thanks. Maybe I should just get an ounce or two and average in, or be patient. I've been slowly DCAing into miners in my Roth IRA and will be picking up a little more today.

>>24324959
Metalbros we got too cocky

>>24325150
Yup and silver and gold, the prices will shoot back up to 30 by December or at most spring. Watch some silver slayer, the videos look click baity but hes got some alright daily content

First bitcoin dumps, now gold. It’s under the 1810 support, daily closes under here will accelerate the drop to 1600. Be careful out there guys

>tfw my WeBull funds went through for the first time today
>tfw I bought PAAS, EXK, SILJ and SIL
>tfw 1% down after just an hour of trading

:/

NIGGERS NIGGERS KIKES PIECE OF SHITS
I PLACED AN ORDER YESTERDAY BUT FAGGOTS HAVE TO DUMP IT MORE

>>24325234
>money printer broke
>schiff going to jail
>gold going to 1000
boomer rocks eternally BTFO

>>24325141

We knew this was coming a few days ago.

"Just totted up the expiring Dec gold cals on Comex with strikes at $1800 or more - about 150,000. This is why gold has been smashed, so that they expire worthless!"

https://mobile.twitter.com/MacleodFinance/status/1331280138500272134

Reminder that pm's usually decrease when the US market is closed and increase once it opens.

>>24325234
No we hold and buy more, we are going to wish we could have bought silver at 25 an oz next year, long termish wait

>>24325098
Should buy a bunch of a single 1 oz coins like asahis britannias eagles generic even
to increase your quantity aswell as to liquidate it easier instead of all that fancy novelty stuff, or buy 1 oz of gold since its cheaper than buying 10 1/10 th's

>>24324959
So did anyone here actually buy silver at $50 back in 2011?

>2026
>Silver $80
>Gold $7000
>goes up another 5% as infinity printers continue to roll
>An apple is $20
>/PMG/ : Noooo don't go up yet I need to stack more! I only have 20oz silver and 2g gold!!
>you had 40,005 years

>>24325366
I don't have enough available capital to go for a full ounce just yet, but your advice sounds good. Keeping it in even 1 oz increments. Thinking of picking up a 1/10 oz gold philharmonic from JM Bullion to dip in a little bit. Just over $200 at this moment.

Bitcoin goes up 280% for the year, dumps 15. Gold goes up 30% for the year, dumps 15. Lol continuing to underperform metalcucks nice try. Now enjoy your dump back to 1200, I leave silver alone cause you silver plebs have copped more then enough Ls for the decade

>>24325451
>that image
Bitcoin is literally a fiat currency

>>24325430
One Tesla share is 20k, one btc is 500k. Metalfags “yay more cheapies, plz don’t go up before my ubi hits”

So apparently UNI.X copied BHS’s logo... mail day pic related

>>24325451

As soon as fiat collapses or the COMEX defaults BTC is going to zero and gold is going 1:1 with the Dow.

Aaaand the 2020 sovereign is out of stock.

>>24325432
https://youtu.be/SNzbHjssiRs gold might go lower, id wait to see if it closes short today, there might be an other sell of and a big dip monday, but either way 2k-1.6k gold price is cheap compared to what it'll be next year or when the demand out weighs the supply, the magnitude of silver being bought might increase demand, right now its just the early birds stacking real money instead of that shit fiat that has bo actual value, the dollar is on its last legs, if u got savings id turn them into shiny rocks, that 1/10 will be worth 1k in 2 3 years maybe 5

>>24325451
I own BTC and LINK, definitely thinking of switching my ratio of 70-30 PMs/crypto
t. noob investor

>>24325527
as soon as /soon/ happens hurr durrr lots of happenings are coming durrrr bullion dealers and gold shills said there’s a happening coming any moment, you idiots saw a happening when coronavirus happened gold and silver crashed as bad as stocks, so forget it it’s over. Gold has no more narratives it’s inferior

>>24325527
It won't happen because the Governments around the World won't allow it to happen. You think the Bankers manipulate the prices on who's order? They're accumulating and buying from South America and Africa for pennies that they've themselves printed. A grand preparation for the return of the Gold Standard backed FED-Coin. It won't be a "collapse" that will result in something unpredictable, their plan is already flawless and every result is the one they expect. There is only one thing you can do to throw a wrench in their cog system, buy Cryptos. The one thing they couldn't possibly predict.

>>24325546
Why not stocks?

>>24325546
Might wanna check the charts for the last decade and rethink that, selling winners for losers cause you feel they’re undervalued is silly. It’s like selling out of Tesla or amazon to buy a stable stock, when you let your winners run that’s how you get rich, not buying pigs and hoping one day someone will see them as a diamond.

>>24325546
Should before January 15th, https://youtu.be/f6Xoown-P54 market crash soon and no recovery for a decade.

>>24324959
I'm just going to fondle what I have and wait for the big dip,...
Silver below $10/oz
Gold below $1000/oz

>>24325612
I dont buy stonks
I buy things

>>24324959
Whelp, it's bye bye to the Pebble mine lads. People too worried about their fish, so I'm sure now some foreign country will come in and take it over.

>>24325702
Stocks are things. What’s your argument for crypto being a thing

>>24325702
Stocks are more of a real thing than crypto.

>>24325656
there is no way it will dip like that. if it does i will blow the last of my savings for 10 oz of gold and put them under my pillow

>>24325702
> i buy things
> spamming about faggot coins in a pm thread

>>24325647
They'll print to avoid it, they have to. It's not an option on the table among some other possibilities, there is no escape from the Debt Trap. It won't collapse like this guy says, he's thinking that they can't just print forever... they will. But as history proves, we need a proper war to reset the cycle.

seems to be recovering well from the overselling at market open
almost started shorting my miners but I think I'll just sit on them after all

>>24324959
Major dip on Black Friday? How awesome is this!

Under Biden and Yellen they’ll print more then you plebs could ever imagine, lol imagine thinking Biden would bring about a gold standard. Or fkn Yellen

>>24325545
Checking out that video and bought the 1/10 for a little over $200. A small Christmas gift to myself. Waiting for market open to dip in a little more into miner ETFs as well.

>>24325702
Owning 150 shares of McDonald’s or a utility company is a tangible thing.

>>24325098
dude im waiting for 3 days doing the same thing, and 2 of dealers locally that i called 3 days ago are calling me back everyday to check up on me.

i was looking to buy 250oz silver and 3 oz gold. they told me silver is avaible in any high quantity to 1000oz no problem, and for gold oz i have to wait 3-4days.

graph of silver is looking horrible after today, same with gold. basically all that July pump is gone.

i will wait and refresh this shit for a weekend, but it wouldnt suprise me at all if we see 19-20$ silver and 1650-1700$ for gold.

im not a newfag with charts either thats why i hesitated

>>24325413
No, but I bought a truckload at $14 in March. It’s beautiful watching this action, playing for free knowing it will never be that low again.

>>24325854
he didn’t sell half at 30 and literally play for free, it can easily go that low again as there’s no stimulus till Feb at the earliest

Comex Gold will see $1755T/Oz by EOD

>>24325819
I compromised and picked up a single 1/10 oz. gold philharmonic instead of the entire cart. Not enough cash to pick up a full ounce and too new at this to feel confident doing so. Hard to fight the impulse to just buy it all and instead DCA in, which I'm doing with miner ETFs in my Roth.

>>24325812
Stocks are not a tangible thing, it’s merely a piece of paper (now pixels on a screen) that says you traded your money for an imaginary concept. Stocks that pay dividends are a tangible thing however because the company you bought into shares their profits with you, but those are the exception rather than the rule nowadays. This video explains it really well
https://youtu.be/kJOWwfOQ3Sc

I love schiffs twitter, it’s all about bitcoin hes /afraid/ again as the asset he’s shilled to hit a 5-10k price tag for 5-10 years continues to lag/dump

>>24325656
You wouldn't even be able to find it at anywhere near those prices.

>>24325910
A stock is essentially a proof of ownership of an asset. It is an "imaginary" proof that you have a stake of a real, tangible asset. If you own all the stocks of a company, the company is entirely under your ownership. Same goes for your share of your housing complex, it's proof that you own it (or for most, me included that the bank owns it)

Can we get some meme lines pls for us chart noobs?

>>24325974
wtf are you talking about, prices are refreshing 24/7 in shops that im looking at. Europe/Poland.
>>24325904
do what you feel, and prices can go lower and higher dont beat yourself about it. make a plan, make moves, stick to plan and adjust after X number of months.

>>24325748
https://youtu.be/axaD4oDwrhc
They wont print more, they will go to digital dollars and save the paper. The stock market has been inflated by the Federal reserve, shiny rocks are better and safer than paper with imaginary value atm.

>>24325884
Nah, long play. I’ll sell it all and buy a fishing boat when I turn 60. Worst case scenario is I sell it back at cost and didn’t blow it on shit I don’t need over the course of a lifetime. It’s a free play emergency fund for me.

>>24326040
When silver dropped to $15 an ounce back in March you literally couldn't buy silver online at those prices, they all had like $7 premiums per ounce.

>>24325647
>listening to that faggot
Did you heart what he said in this video? Economic recovery starting in 2023, peak gold at 2200, gold will reach 5k in 2050. I don't know what to say.

>>24325910
The stocks I listed do pay dividends.

>>24326040
Thanks anon. Waiting until around 9:30 to 10:30 to hopefully buy a bit of a dip on GDX/SIL. Slowly building up to 5% of my overall portfolio so I can trust myself to stick to the plan and not freak out then sell if it goes sharply lower.

>>24326099
I don't understand how stuff like this along with Black Friday stock on dealer sites selling out almost instantly and the prices still keep going down.

>>24325997
>A stock is essentially a proof of ownership of an asset. It is an "imaginary" proof that you have a stake of a real, tangible asset.
But you don’t have any stake in a “real, tangible asset”. For example Tesla’s profits continue to go down year by year but the “value” of their stock only goes up. Likewise other companies that are profitable have stock prices that only go down. This complete non-correlation between how well a company is doing, and its current stock price, is self-evidence that stocks have no real world value other than what someone is willing to pay for it

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAa

Why are these lunar year of the whatever coins from australia always the cheapest? Please tell me there aren't tons of counterfeits floating around

>>24326159
Yea i was just watching kitco news yesterday and some of what he said was alright, but Mike Maloney is based and I'll trust him. https://youtu.be/pboxv8Hne1E either way we make some money to buy more rocks

>>24326194
>But you don’t have any stake in a “real, tangible asset”. For example Tesla’s profits continue to go down year by year but the “value” of their stock only goes up
I knew I should've added this. What drives the PRICE (note -- NOT value) is demand. And demand doesn't necessarily have anything to do with value, see Bitcoin and other cryptos -- devoid of value but the price keeps pumping up.
>Likewise other companies that are profitable have stock prices that only go down. This complete non-correlation between how well a company is doing, and its current stock price, is self-evidence that stocks have no real world value other than what someone is willing to pay for it
This is true in some cases yet definitely not the rule. Mining companies' shares for example go up in price as the company increases their assets' value (when they come out with great surface sampling/drilling/EM&MAG surveys/acquisitions etc. etc.). The price of stocks can move in illogical ways depending on many things because after all the demand is driven by people who are often illogical. That doesn't mean I don't own a real stake in a real company, it just means that the price that others are willing to pay for my stakes on that company isn't reflective of its true value. In our current clown economy mal-investments can go to the moon while actually valuable traditional investments like mining companies can crab or even go down. Nothing we can do about it but accumulate now while prices are indeed as low as they are!

TL;DR: Value =/= Price, accumulate while you can

>>24326254
My portfolio will reach 10k invested by July. At tag moment, if we do the usual 160x then I will be able to become a millionaire. That's all I want in this life, a life out of wageslavery with a peaceful, simple and not-flashy lifestyle. I don't even care about having a Mansion or wife/children. Just let me have a small house, a gym to lift near by and peace all day.

I want to hear your opinion about gotEM. I hear a lot of good predictions about GTX and they have cooperated with Cointiger. Seems like the boom is on the way.

>>24325793
I'd expect Biden to pull a Gold confiscation. Or Kamala, totally in their row house to do so

>>24326402
So what are the mining stocks that actually pay dividends, and how much percentage do they pay?

when do y'all think we'll be below $20?

>>24326419
Level 1 is getting to that $1M
Level 100 is staying up. No passive ways around it, you have to actively manage your money to stay rich
>>24326719
I don't understand the first part of your question, and I don't know the answer to your second question because I'm not a divvy investor -- I'm a value investor. I look for undervalued equities and expect their value to increase with time.

>>24326419
Should check out apollo fintech, i was going to buy 250 worth(3312 GSX) of that but i didnt trust the apollo wallet since my secret phrase got me into some elses account, they had a x32 bonus on their cryptto backed by gold mines refineries platnium other minerals in Zimbabwe. But im 21 and i haven't learned how taxes work so silver and gold are easier for me to handle atm. I have weights to lift, my small house is demo'd minus 2 rooms. I hope you make it lad and get that nice house or mansion in the country with an armory and a homegym with a pool.

>gold is the same price in a completely new monetary regime
Don't care still stacking

>>24326763
>I don't understand the first part of your question
I’m asking which mining company stocks pay dividends to their shareholders

>>24326767
> spamming about shitcoins in a pm thread

when will these shills kill themselves?

>>24325062
what fucking cheapies? al my miners stayed within 5% of yesterdays close which was greenish....

only down about 3-6 cents per oz of silver too as premiums kept up with price ....

I dont buy this drop at all, seems like shakedown to push out longs before DEC rolls around

>>24326545
And they have their heads confiscated (in Minecraft)

>>24326402
If the company you own stocks in goes bankrupt / its assets are liquidated, do you honestly believe you will receive any money from that? No it will go to the institutional investors

I wouldn't feel down if crypto and stocks fags get the rugpull too after recent pump on no tangible news.

>>24326903
How do you not know already? ...Anyways, the answer is majors. Big boys. Companies like Barrick, Centerra, Newmont, Newcrest, Kinross... There are many more
>>24327003
Of course if the company goes bankrupt your share has lost all of its value. That goes without saying. I never said you would get anything when the company goes bankrupt.

>>24327078
Where can I find a list of all the mining companies that pay dividends?

>>24326762
At the current pace, by Xmas

>>24325018
You heard that from harry dent, didn't you?

>>24327162
Through your broker. Search for the sector and filter for dividend distributors. Pretty easy.

>>24327162
Have you tried googling?
One thing to note about majors btw is that those go up and down along with their underlying commodities (gold, silver, base metals depending on what they mine) much more reliably than juniors that are more dependent on their own exploration/development creating value. Of course if a huge pump or dump happens the juniors will follow suit as well. Microcaps are least affected by commodity markets

>>24326099
The cheapest I got it for at the bottom in March was $14.78/OZT with premiums. Literally the next day it was over 16/OZT with premiums. Wish I had bought more miners at the time.

>>24325234

Gold and silver only make their moonshot after an unstoppable deflation is countered with hyperinflation. Patience bros.

>>24326911
Not shilling it just sounded pretty good for a crypto, all in silver baby

>>24327233
Yesh

>>24325724
>there is no way it will dip like that.
look back to early 2000s.
Silver spot was under $5/oz. for a good little while
Gold was what, below $500/oz. ?

it's not beyond the realms of possibilities.
we know we cant rely on classic fundamentals or traditional market analysis to predict what's going to happen.

one thing I might speculate is that if the US dollar takes a huge nose dive, price of PMS could surge in relation to a very weak dollar. at that point it's almost moot because other tangible assets likely to moon at the same time, ie loaf of bread cost $10

>>24324959

>>24326999
checked

>>24325974
yes you would because the only reason the price goes that low is because a majority of those with capital are focused on other things
in early 2000s I could have bought $5/oz silver all day everyday if i wouldn't have been a poor cunt at the time and if I'd had the awareness and interest I do now.

just bought 1kg Silver coin.
Will add more, let it dump.

>>24327916
Nice. Wait till next month since there will be christmas deals.

>>24327790
>Silver spot was under $5/oz. for a good little while
>Gold was what, below $500/oz. ?
Yeah and a house in a nice white suburban neighbourhood cost 100k and a brand new car was 10-20k

>>24326999
Aussie Satan has returned

>>24328037
clown world does not guarantee these things will remain relative

>>24327968
No need to wait, I buy silver every month.
Sometimes more sometimes less.
For december 2-3 tubes of silver Krugerrands to further fill the masterbox.

Horray for almost breaking even. I know these are trifling positions and don't matter, but I feel like I'm vaguely superstitious, and would feel down about losing in percentage terms on my first day.

>buy cheapies
>price dips
>broke from first round of cheapies and now I have to wait
I have decent savings, and live at home, how bad of an idea would it be to transfer some to buy gold as a hedge??

>>24328278
always good idea to have some gold

>>24328107
>Robinhood
F

I think we need to get back to posting Waifus.

>>24325150
This is correct. I've been into food for last year or two. Have a farm. Building up pasture for bees and winter animal feed. Saving seeds and whatnot. Planting many trees.

Have bought 300 oz today.
Total: 1152 oz silver, 27 3/4 oz gold.
Rate me /pmg/

>>24328448

very close to gmi

>>24325150
Good, you're figuring it out! You need to have a food + water stack as well. I for one could survive for maybe two weeks, maybe a month if I really stretch it. My problem being that I don't have much more space to store more well-preserving food

If gold is going to be so valuable, and the dollar is going to zero soon, why are bullion banks and people like Peter Schiff selling gold for dollars?

>>24328578
Obviously so that they can make a profit while the dollar still holds value

>>24328578
To maintain the system for as long as possible perhaps?

>>24328578
They're not

i have this feeling that the next few months to a year will be the last time anyone will be able to obtain gld except for the super rich. thats one of my motivations for having at least some on hand so i can pass it down as an heirloom. Thats why i like the 2020 stuff so much because it is the year everything started to collapse

>>24328578
To buy Tobacco, Mining and Whiskey companies.

>>24328448

>>24328713
2020 has very high minting numbers so don’t expect numismatic value, but it will have sentimental value for sure.


Any idea what a monster box of 2001 ASE would fetch?

>>24328713
I hope not, i hold zero gold rn at 21 held 1/10 before but sold it, im shitting myself rn for not having enough cash on hand to buy an oz of gold, spent like 5.4k on physical silver buying at 26 to 28 premium an oz, need to get my hands on some yellow gold or platinum

>>24328800
>I hope not, i hold zero gold rn at 21 held 1/10 before but sold it, im shitting myself rn for not having enough cash on hand to buy an oz of gold, spent like 5.4k on physical silver buying at 26 to 28 premium an oz, need to get my hands on some yellow gold or platinum
Well at least your choices serve as a good example of what NOT to do

This dip in Gold and Silver will not last https://twitter.com/DesoGames/status/1332352685283176450?s=19

>>24328859
With above ground silver mined to gold mined at a 17:1 ratio sounds pretty good to me. Sad couldn't get in on black friday but we'll see what happens during Christmas or if it drops even lower. In the long term im pretty happy, silver is looking bullish for a couple of years

>>24328448
I have about the same amount. I wonder how far this will go in the new world.

>>24328578
so they can buy silver and speculative assets.

>>24329131
Fun stat I heard is 1 in about 100 people own precious metals

>>24329188
one concern for me is why would the 99% who dont own any precious metals agree to start using them in the new world?

>>24329204

They won't have a choice. You will pay China, Russia, and other producing nations in gold or you will get nothing.

>>24329204
Industy, electronics, cleaner emissions, cars, green power, tvs, fridges, computers etc.

>>24328448
You will be living like a kang in the (((great reset)))

>>24329204
Who give a fuck about the 99%. Gold was made a tier 1 asset by the Banks back in March 2019. It's their ace up their sleeves against government over reach, and still hoarded by every none Western Nation. If anything, they'll launch a Bank Crypto currency backed by physical gold.

>>24325150
>>24328419
Imagine owning your own land and going out and planting fruit, nut, and other crop trees. Knowing that every plant will provide your family with income and sustenance for 100+ years with minimal input.

I do gud /pmg/?

SD still has 1 oz rounds at spot for BF.

>>24329637
Based and Dahmerpilled

>>24329643
>KANG
Shiiieeeeeet

>>24327620
Something about his demeanor was off in that recent interview, he was very exasperated at points. I'm getting major globalist shill vibes from him.

>>24329716
Truly the Black Beasts of Down Under.

>>24329643
Should’ve bought more of the rounds if they were at spot, but otherwise good job

>>24328538
>I don't have much more space to store more well-preserving food
the best place to store calories is in your body

>>24329978
b-but that costs money... and then I can't buy more boomer rocks and miners!

>>24328448

>>24328772
What’s in the bag anon?

>>24327078
>>Of course if the company goes bankrupt your share has lost all of its value. That goes without saying. I never said you would get anything when the company goes bankrupt.
So it's not a tangible asset. You have no right to any property or piece of the company. You own a derivative of a company that is traded in a market vaguely related to it's underlying asset. That's what a stock is. The stock does not guarantee you the right to enter the property outside of normal business hours, to spend company money as you see fit, to have any real say in direction of the company. You don't own part of the company at all

>>24330097
needs to be a tier midway between Pirate and coinvivor

>>24329826
1 per custo, so I'm calling some family members to git as well.

>>24330347
>So it's not a tangible asset
It's not, you're right. It's proof of ownership of a tangible asset.
>You have no right to any property or piece of the company
True, but you have voting rights. You share the ownership with other shareholders.
>You own a derivative of a company that is traded in a market vaguely related to it's underlying asset. That's what a stock is.
Yes, stocks are proof that you have a stake in the underlying asset, the company. You can then buy or sell these proofs at the stock market.
>The stock does not guarantee you the right to enter the property outside of normal business hours, to spend company money as you see fit, to have any real say in direction of the company. You don't own part of the company at all
But you do. You have voting rights. You do have some say in the direction of the company, and the more shares you own the more you own, the more you can affect the direction of the company.

>>24330396
there is one, but no suggestions or pics have been submitted.

please provide me with these andI will update

>>24330522
The original argument was that stocks are a tangible asset. Tangible is capable of being held or perceived by touch. You may have an absolute minute say in the company (which again, if you're not an institutional investor is effectively worthless) but the stock is not a tangible asset. It represents a portion of the company. Can you tell me which brick your stock allows you to take from the company, or which car on the factory line is yours to take if you turn in that share? The stock is not a tangible asset. You do not own anything besides the right to sell that share. Yu will never see any portion of that company held in your hands

>>24318505
Oh okay so youre a boomer NPC cuckservative moron, one step above "liberal moron". Yeah that makes sense why you would be here but still be dumb enough to believe your bullshit

>>24325018
Prolly never sub $1500

Are PMs actually a good investment? Why does it seem like it drops when it should be going up?

>>24330262
Eurosilver is all .2 to .72 trash unfortunately. Occasional sterling

>>24324959
Why the fuck do jannies allow shit like this?

>>24330716
>The original argument was that stocks are a tangible asset
I agree. I never disputed that.
>You may have an absolute minute say in the company (which again, if you're not an institutional investor is effectively worthless) but the stock is not a tangible asset
Well if we're going to get very technical some stocks can still be issued as paper stocks, therefore there are some stocks that are indeed tangible assets :)
>It represents a portion of the company
Ding ding ding! Exactly!
>Can you tell me which brick your stock allows you to take from the company, or which car on the factory line is yours to take if you turn in that share?
Of course not, the stock only gives me the power of voting and selling it to somebody else, sometimes also the right to get a dividend.
>The stock is not a tangible asset. You do not own anything besides the right to sell that share.
Yes.
>Yu will never see any portion of that company held in your hands
...Unless I own 51%. Then I have the privilege of deciding entirely by myself what the company does.

>>24325018
$1k gold would be amazing

Oh wow I didn't even see that we're at sub-$23 silver
This is super based

>>24330948
This. Cheapies abound.

>>24330816
As long as you don’t go below .6, then it will cost to much to refine. In the bag are all .72

>>24330262
100 1 oz coins in each bag.
Sealed three times, picrelated.

>>24330525
Middling Stacker tier
>1oz Gold / 500Oz Silver

>>24331055
The coins are of this kind but I don't want to unseal them. Hope in the sealed plastic bag they will not tarnish.

>>24331123
alternate pic

>>24330918
>the stock only gives me the power of voting and selling it to somebody else, sometimes also the right to get a dividend.
You just admitted the stock does not represent ownership

I think I'm going to kill my self

Spot prices absolutely crushed today, yet gold miners are rallying. This is extremely bullish. I think there’s a very good chance will be back above 1900 by the end of next week. I still think above $2000 by Christmas is in the cards.

What % of your savings is PMs? 4% here, wondering what others are doing

>>24331165
Nay. It still represents ownership. How do I not own something when I have voting rights? How do I not own part of a company when I can affect what the company does with my voting rights?

Found the DuckDAO hunters game, does anyone try it?

Looks like this crypto incubator can provide useful options for investments. Please, share your opinion about it

>>24331205
70%

>>24331154
Nice Russian bullion, try to keep the moisture out if you want to prevent tarnish, you can do this by adding silica “do not eat” packages to your bag

>>24330097
should it be understood as
100 oz AU OR 10.000 oz AG
or
100 oz AU AND 10.000 oz AG

>>24331123
>>24331287
>stacklets trying to weasel their way into a higher tier for a dopamine hit

>>24331191

A few silver miners, like VGLD and VML are still holding green on the day. I also have investments in the copper (Callinex) and zinc (Fireweed Zinc) stocks in which the silver content is overlooked and not priced in by the market, so that those are not going down. Copper and zinc are still soaring every day, the dollar continues to dump. They can't suppress every commodity at the same time. Gold and silver suppression is simply a temporary attempt to cover their shorts, panic the longs, and make the COMEX December $1800 gold calls expire worthless.

Look what got delivered today! A silver sov!

>>24331212
I pay taxes to the government, and I can vote on government policies. That doesn’t for a second mean I have any entitlement to a percentage of the government or it’s profits. Also, your post
>The original argument was that stocks are a tangible asset
>I agree. I never disputed that. (You)
You selectively left out the part where he goes on to say they are NOT a tangible asset. You did that on purpose which shows you’re not arguing in good faith

I also bought another 2 oz of gold including a double sov! I love cheapies!

>>24331205
95% metals

>>24331370
whats the agio on those? 400%?

>>24331205
I have about 60% of my savings in PMs, about a 50/50 ratio of Gold and Silver. I've heard 35% is the optimal percentage for PMs.

>>24331323
r u d e

>>24331270
Also bought two of these.

>wait for the crash
>its actually pms which are crashing
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

are there any coins with skulls on them

>>24331517
Shiny *_* , I also keep a small bag of activated charcoal next to it to remove any sulfur in the air. Ag2S is mostly the tarnish

>>24330988
Going out to get some today at my LCS. Everyone else can murder someone's grandma over a pair of cheap Nike shoes, I'll just keep stacking my safe so I'll be pic related in my 50's-60's

>>24331449
A lot, £18.99 for a half ounce but I want to put it with my double sov. It'll look neat. Plus the lizard says it has £20 face value.

>>24331411
>I pay taxes to the government, and I can vote on government policies. That doesn’t for a second mean I have any entitlement to a percentage of the government or it’s profits
See that's the difference -- the government wants to tax you so that it can make decisions to try and help the citizens who pay taxes in the way politicians see fit (often times making mal-investments like going to war) while companies' only goal is to produce value, which in turn helps the shareholders too. Apples and oranges.
Shares represent ownership, passports represent citizenship.

Everything below is unnecessary and has nothing to do with the argument but I will reply due to sheer courtesy.
>You selectively left out the part where he goes on to say they are NOT a tangible asset
...Which I never disputed. Read my comment again. I really don't need to state the obvious now do I?
>You did that on purpose which shows you’re not arguing in good faith
Oh, please. Are you implying I'm still somehow trying to say that stocks are tangible, when I've not once stated so -- when I've even explicitly agreed that they are not? What are we even arguing about anymore? Half of your comment isn't addressing my points. Embarrassing.

>>24327790
>Silver spot was under $5/oz. for a good little while

I haven't looked into it personally but Bix Wier(d) says that something like 500 million ounces was secretly tied up in the WW2 Manhattan Project Calutron uranium/plutonium enrichment arrays, congress approved the use of up to 85,000 tons of Silver so perhaps a few billion ounces were tied up in those and more secretive nuclear enrichment programs and then scrapped in the late '90s and early '00s. This helps explain the stupid low price at the time and I sincerely doubt further Silver hoards of that magnitude are waiting to be liquidated. Basically all used up already.

https://www.roadtoroota.com/public/135.cfm

In other news, thankfully I ignored the Palantir shills over on /pol/ this morning and got more Endeavour and Great Panther instead.

Any good mining stock leads lately? Got hosed by Dynasty's failed pebble beach project but thankfully didn't have too much invested.

>>24331123
>>24331159
nice pics...

no fucking way 1 oz gold is getting that high on the tier list tho...

remember each tier is EQ oz

IE 10 oz gold OR 1000 oz silver is coinvivor tier

Ill update the pic to be more clear and have the formula for calculating AU eq oz's

>>24324959
I got a nice Black Friday steal deal

>>24331722
Thanks for the advices.
Not sure if activated cahrcoal can really help. Suppose one has to place charcoal throughout the room to make an effect.
But silica seems useful.

>>24331781
>...Which I never disputed. Read my comment again. I really don't need to state the obvious now do I?
Are you blind? I’ll show you an image of what you said in case you didn’t see or you forgot. You stated that you agree stocks ARE a tangible asset and you didn’t dispute that

But maybe it can help if you have a very hermetic safe.

Updated tier list

so you cloned openVPN code slapped a logo on it and scammed $2million in an ICO and you still post here?

Sentinel is going to be greatest coin it has new vpn and it decentralized. See why this good coin it is now dump faster than my shit on street but is good it next ethereeum I promise you this. You need buy some of this to make generashion wellth for you and village. I have buy some but at small loss of 40% but is good I know this coin very popular and can watch porn and not worry about government knowing. It is not scam trust me friend. Please do needful and purchase tks

>>24332135
>>24332149
get the fuck out streetshitter larping as white man

>>24332054
>You stated that you agree stocks ARE a tangible asset
In the image you posted I agree that the original argument was that stocks are a tangible asset. Reading comprehension, look it up.
>and you didn’t dispute that
And that's because I agree that stocks are not a tangible asset. This too I EXPLICITLY stated in the preceding post. Look, I'll even mark it for you since you don't seem capable of reading by yourself

Do not reply to me anymore retard

Do you guys see miners as a risky long term investment?

>>24331891
I think you meant /smg/ as opposed to/pol/. They're too busy melting down over the election still to be concerned with how they're going to financially weather the liberal storm.

I've been riding PLTR since $18. Glad I did because it helped me bigtime in getting out of my stock market hole. Helped watching SLV and SLJ just crab downwards and if (more like when) this fake bubble pops, I'll be able to cash out and buy more metals with those gains. I just keep my priorities straight and understand that wall street is basically just a centuries old shitcoin exchange backed by actual companies. Nothing more, nothing less.

>>24332115
Coinvivor Tier reporting in

>>24332197
Yes. Although each miner is a case-by-case basis, some are riskier than others. Some are relatively risk-free. But ultimately miners hold inherent risks. Great long-term investments if you know what you're doing though

>>24332115
Tfw just over half way to fledgling pander.

>>24332197
investing in miners seems like a full time job desu. if you arent doing the work and the research you may as well be gambling

>>24332178
>“And that's because I agree that stocks are not a tangible asset”

>The original argument was that stocks are a tangible asset
>”I agree. I never disputed that.”

You can’t seem to keep your story straight, one second you agree stocks are a tangible asset and the next moment you say they’re not. I’ve never seen a person so retarded they can’t figure out what position they stand for

Do not reply to me anymore retard

>>24332197
buying barrick gold is low risk as soon gold pumps barrick gold will pump too even if it takes 3 years.

>>24332386
You fucking, utter, retard. What did I tell you about replying to me? Show me the post where I say that stocks are a tangible asset and I will shoot myself live on Twitch (except not the post where I say there are still some paper stocks).

Fuck off you fucking sperg

>>24332380

Some miners are pretty much a sure thing so long as silver continues to go up. Dolly Varden or Impact Silver have $20 million in cash, no debt, and are guaranteed from their size and history to have hundreds of millions of silver ounces in the ground. So all you have to do is buy them and wait.

>>24326194
>For example Tesla’s profits continue to go down year by year but the “value” of their stock only goes up.

That's because their market share continues to go up retard, "profits" are not a measure of a new company's success when they are reinvesting all incoming money. Amazon didn't hit full break even until 2018

>>24332115
coinvivor here

>>24332447
>What did I tell you about replying to me?
I’m sorry to inform you but this isn’t Reddit where you can block people who’d opinion you don’t like, I’ll keep on replying to you as much as I want
>Show me the post where I say that stocks are a tangible asset and I will shoot myself live on Twitch
See pic related, and I can’t wait to see your miserable life finally end. Seethe harder

>>24331330
What happens after those COMEX calls expire? What is your forecast for December and January?

>>24332522
Checked. This is why I'm more into gold miners rather than silver, because gold keeps going up essentially no matter what and even if gold dips it'll still be very economically feasible to mine and to profit from due to the high price. Silver miners on the other hand are more reliant on a rising silver price but they're a super ultra leverage for silver. The PM bear stocks are base metals miners which are actually going to go up pretty reliably due to the rising industrial and energy demand
>>24332637
So anyways where's that post about me stating that stocks are a tangible asset? You probably posted the wrong image anon, that image shows me agreeing that what the original argument was.

Can't reason with retards sadly

>>24332220
>wall street is basically just a centuries old shitcoin exchange backed by actual companies. Nothing more, nothing less.

I hope you do well with Palantir good luck anon, I was looking at it last month but the crazy market bubble has me spooked as hell so I've just been stubbornly collecting miners. My small UUUU position is outperforming most every PM miner I've bought in the last few months, it's kinda discouraging watching Cryptos, electric vehicle and tech stocks kick ass while Silver gets dunked on but we'll have our day sooner or later.

>>24332655

@silverguru on ceo.ca just said this.

"There is MASSIVE December contract demand for physical gold/silver metal delivery at the COMEX, and there is not enough actual metal to meet the contracted requirements. The futures markets will probably have a failure to deliver and will blow up in December, looks like the gig is almost up for the crooks, should see a very violent upward move in the gold price sometime in December, several hundred point move up all at once, as the futures markets fail. A sudden, violent move up, larger in dollar terms than the slams have been. Bullion banks are desperate and are in big trouble.

There is a whale out there who is trying to cause a failure in the COMEX gold/silver futures markets, who suddenly came in out of the blue with a half billion dollar order for physical delivery last week, that is what has happened. The whale did two huge orders, I believe the second one was 150 million dollars of physical delivery, the first about a half billion. I would guess the whale is still lurking, and knows there is a great opportunity to finish the job on a permanent basis in December. destroy the COMEX futures market forever, basically. I would guess the slam today is primarily intended to do psychological damage, more than anything else, to reduce the number of new orders for December physical delivery."

>>24332803
Yeah I heard this before in September, they claimed the exact same would happen that month, but there was no moonshot

>>24332115
sounds like a cult

>>24332803
This sounds like a situation where a DOJ investigation and hordes of bankers being led out of their offices in handcuffs is warranted. I won’t hold my breath on that, though.

>>24332893

What he's saying about the mystery client is objectively true.

>>24332803
Oh boy cannot wait for another huge delivery dump next month!

Tomorrow my 3 x sovs and my slabbed eagles should arrive. Will put me at over 5oz gold and 237oz silver. Going to put some more money into crypto and slow my stacking to 5-10 oz silver a month and a single sov once the 2021s are out.

>>24332803
>>24332893
>>24332928
>>24332949
A lot of these “delivery” contracts are actually metal inflows from miners et al

Entire world is about to see the largest bout of DEFLATION ever seen as all the rent moratoriums and deferrals come off, landlords default, blowing up MBS and especially CMBS securities, CLOs, and credit default swaps.

Gold is going down to retest $1400-1500, then bullrun resumes late 2021 to mid 2022.

>only up 40% since march on miners
>normies buying tesla soon 10x "ITS A TECH COMPANY BRO LMAO IMAGINE NOT OWNING TESLA"
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>24332197
Depends on your time horizon. Miners are cyclical and moon and bust with the cycles. Smaller miners are of course at risk of going out of business. You can use this to your advantage however. A miner that has survived a long bear market is almost bound to go up when prices start going up.

>>24333029
You’re saying that metals prices are going down in the toilet for up to a year and a half!? Can you expand on why you think that?

Anyone else hedging their bullion with a small amount of numismatics?

>>24331205
180k in miners nigga all in WE DOIN IT REAL BIG NIGGA YA HEARD

>>24333103
Huge folio anon. What miners you got?

>>24331567
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>24333095
>numismatics and not pure bullion
why are people so fucking retarded

>>24333095
Why would anyone buy a slabbed new sovereign?

>>24333089
Uhh, we literally just got done going fucking parabolic to all-time highs a few months ago. Pulling back for a year should be everyone's base case. Zoom out

>>24332803
inshallah

>>24333005
What will happen then

>>24333145
Buying the top graded coins has been shown to do well. The availability is low and demand is high. I paid £700 for it. Have been offered £850 for it.

>>24333103
based. I'm at about 100k in miners myself. What's your profit taking plan look like?

>>24331567
>still buying pm for the sake of gains
I think suicide might be a serious option for you.

>>24333129
> actual larp when i said all in still have 670.000 kt yo invest around 110.000 dollars but i plan on investing it all, right now im on the sideline/thinking what miners to pick

>>24333163
lol. ok faggot. your shorts will be BTFO by next quarter.

>>24333236
i dunno sell when its 50x? then buy real estate and make a youtube channel where i call out the globalist and become alex jones 2.0

>>24332803
Is half billion usd a lot in gold market?

24333242
>NOOOOO YOU CANT MAKE MONEY OFF PMS

>>24333290
not really theres mined about 3000 tons per year

>>24332803
Didn’t Andrew Maguire say that he personally is standing for delivery in December in an attempt to help break the COMEX?

>>24333095
Genuine numismatics struck for circulation are very different from meme numismatics that are basically all kept in pristine uncirculated condition because they don't circulate and we're never meant to. They can be quite attractive but won't ever really be desirable to serious coin collectors. Maybe consider early 20th century and earlier coins if you're hedging your bullion or like collecting coins yourself?

I have a pretty yuge ancient and world coin collection already so have just been getting scrap and bullion this year.

>>24333275
cheers. pic related is my folio.

>>24333316
You can, but its risky as fuck and you'd have to be retarded to try.
Crying about it makes you extra retarded. Congrats.

>>24327620
don't drink that, fren. have a beer and tendies.

>>24333029
What part of printing 2 trillion dollars this year (and more on the way) implies deflation to you?

Not bag holding, just interested

>>24332522
IPT is too based, my biggest position.
https://equity.guru/2020/03/01/impact-silver-ipt-v-site-tour-feb-2020/

>>24333360
I too also have a large collection of world silver and high grade world coins but I feel the slabbed coins are a good buy. Try to buy a pf70 2020 sov. You can't. That scarcity creates demand particularly in the UK. Slabbed coins sell faster than bullion on the forums.

>>24333384
Not him, but I think the expectation is perhaps that when it becomes clear that the stimulus isn't working, and also millions of people are thrown onto the street, money velocity will temporarily at least get pinched because there will be so many people totally dropping out of the economy and who won't have money to spend, and also this fear factor will hurt consumer confidence even among those who still have jobs and haven't become bums/bag ladies quite yet.

Even if the ultimate destination is general price inflation in the end.

>>24333384
>>24333480
https://www.youtube.com/watch?v=uMyCa35_mOg

>>24333378
god bless anon remember to give back to ur community and the church when u make it. wagmi

>>24333384
Clicking a button and increasing the number for primary dealer bank reserves does nothing. Banks are lending less, not more. Money is being destroyed, not created. Nothing will happen until velocity increases

>>24333378
btw why pan american, valuation seems a bit high for me

>>24333378
UPWK good job but damn i am miring how rich you are

>>24333504
kek

>>24333505
thanks, fren. same to you. when I can give back to something important to me, I will. still looking for something meaningful.
>>24333567
yeah, I bought the top like an idiot after seeing some silver bros pump it on some video in here and thought it would be relatively safe because their mines were in purported "safe" locations (e.g. not at risk to be nationalized, so I averaged down and they have a divvy, but it's not my favorite part of my folio.
>>24333576
thanks, anon. I had probably 1500 shares at one point, but sold a bunch on the way up. this is all house money now. bought the dip around $6ish and believed in the platform because I use it for my business and felt it was undervalued for awhile. I'm really not rich though, this is just me opting out of the "muh index funds" meme and taking control of my investments. highly recommended. fuck the herd.

WHO BOUGHT TODAY?

>>24333378
also eldorado, what are your thoughts about turkey? i have position in sandstorm thats leveraged in turkey, but the mining operater there is a turkish company, so that gives me more peace of mind, in your company thats not the case. never trust turks anon

>>24333095
Yes, but I only buy pre-33 US numismatics.

>>24333798

>>24333384
there can not be more money unless the banks decide to lend. and they arent going to anytime soon, as long as banks don't want to lend for whatever reason yields will stay low and there will not be extreme inflation. I suggest checking out steven van metre

>>24333864
This is why it's believed the Fed is introducing the FedNow/CBDC stuff.

>>24325777
C-checked!
Trips confirms buy the dip

>>24333805
I bought an MS 65 Saint back in February for 10p bucks over spot. Very happy with that purchase since the premiums on that coin are in the $500-$600 range now plus the metal has gone up significantly too. Not that I would ever sell. I hope to hold that one for a very long time.

>>24333696
bought Barrick dip

>>24333798
Post some pics? We need more numi pms on here

>put all savings into gold and silver
>moon and get rich
>doesn't moon and i learn valuable lesson

win/win

Main topic: bought RBC token month ago
Result: got x4 of investment and invested again!!!
Features:
>No KYC
>Integration with blockchains: ethereum, Binance smart chain, matic
>Listing my own token
>Option to lock liquidity during the trade
> FAST RBC GROWTH!

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

All features without any water! I’m glad to share Rubic project with you, guys. Use RBC and let’s go to the moon!

>>24333917
100*

>gold premiums aren't absolute ass rape across the board anymore
it's coming down, isn't it?

>>24333949
Village get many cows sirs

>>24333698
I like EGO for their Greek mine location and the fact they have a good relationship w/ the Greek government. plus it's a part of GDX/GDJX and when I bought it was at a 52 month low. that's maybe a tip I'd suggest is to look at the makeup of various ETFs and pick some that have bottomed out.

>>24325018
Would not surprise me desu.

>>24333931
I only have a few that I can easily access at the moment but here you go.

Finally got one kg of gold and ten of silver.
How long until we have a real major crash and I can convert them in profitable assets at a discount?

>>24334205
Incredibly based. Thanks fren

>>24334205
Very nice coins that's how ya do it, I need to get a $10 Indian those are particularly kino

>>24334370
Top coin ancient Jewish?

Fellas, came across duckdao.io, the first crypto incubator with a big variety of connected platforms? What can you say about it?
Is it a good solution to play in DuckDAO Hunter Season?

>>24334456
अपने आप को मार डालो

>>24334418
All are from the Greek city state Of Phlious in the Peloponnesus, I do have a few ancient bronze jewcoins floating around though. Seriously considering liquidating a bunch to get more mining stocks.

uhhhh

>>24334418

>>24334680
Same thing's happening for me.

>>24334680
Mine have been frozen since yesterday. Figured it had something to do with American Thanksgiving

>>24334680
Worthless

Dudes, I want to know your thoughts about one platform: duckdao.io

Came across their Hunter Season on Twitter, this is a kind of crypto game and platform with investment modes. They made long-term partnerships and Foundation for modern blockchain-based systems.

>>24331946
>no fucking way 1 oz gold is getting that high on the tier list tho...
what about 5oz. au?

maybe the tiers should be incrementally scaled uniformly?

like 1 to 100 ozs = tier one
101 to 250ozs = tier two
251 to 500 ozs = tier three,...
and so on,..

>>24332035
Nice, how quick did they go? I set an alarm for 8am but went back to sleep

>>24334354
>How long until we have a real major crash and I can convert them in profitable assets at a discount?
100-150 years

>>24334851
it's shit. now go spam in another thread

>>24332679
Calling each other retards isn't conducive to the argument. The assertion originally was that stocks are a tangible asset. We both agree now they are not. The subsequent argument has been that owning a share is ownership of the company. It is not. You do not have a right to profits. The company may pay dividends or suspend them should they choose. You do not have liability for the company. You do not have access to sensitive data within the company. There is no physical part of the company that can be apportioned out to you should you request it. In reality you do not own enough shares of any company to have any say whatsoever. In theory you may pass a vote on an issue but it is the board of directors that issue the direction the company takes and it is the ceo and coo who carry out the process of moving the company in the direction the board of directors have decided. With all these points I would ask you to define ownership and whether holding a share meets that definition. It does not. You own your house which the bank has a lien on but you still own it. You can order people off the property at any time. You can not enter a company after hours or decide who is allowed in or not. You and you alone do not decide the direction of the company. You trade derivatives of the companies value on an exchange making money off the premium--that is all a stock is. No value unto itself and no real tangible ownership of the company

>>24332978
vault dwellers rise up!

>>24333382
redo the sign above the bar so it says "Frens"

Love me rocks

>>24332978
I’d strongly recommend you buy a larger safe, a thief could enter your home and just walk out with out then use an angle grinder to open it later

>>24331205
About 60%

vault dweller life.
a brighter future, undergound!

>>24335027
We are the true pmg
>>24335066
Fuck I want to rummage through all of that and catalog it on a spreadsheet.

does anyone have a john wick style vault thats is paved over with concrete

>>24335295
I have b4 but I've bout alot since then

>>24335327
buried shipping containers is more 4chans style

>>24335327
go away glownigger, all of 4chan's metal was lost in a boating accident

>>24331205
about 8%

>>24335066
Haven't you heard of rolls?

>>24335295
>Fuck I want to rummage through all of that and catalog it on a spreadsheet

>t. Glorious Sperglord

Nothing wrong with that, but I gave up obsessively cataloging my various collections when I was 18. More fun to just obsessively hoard things, I can worry about organizing when I'm too old and tired to do much else.

Who's baking?

Never bought gold or silver, I don't understand is it just buying coins like the ones I used to see advertised on TV? Or do you guys reccomend other forms?

I will moment please

>>24335966
start with the OP sticky

lurk thread

>>24336075

>>24335966
>is it just buying coins like the ones I used to see advertised on TV?
Everything coin-related you see on TV is a scam. I'd recommend going to Coin shops or the Bullion websites and buying whatever is available closest to spot.