/biz/ - Business & Finance

>>24355933
First

>>24355968
Second.

First waifu

drei

>>24355933
>Thanks for taking the time to talk to me today, anon. Please tell me your largest single precious metals miner holding and why.

I’ll go first. For me it’s Barrick gold for stability and correlation to the gold price.

>>24356177
Same here, that one and First Majestic Silver

First for fuck fiat.

what to buy? Liberty Head or St. Gaudens?

>>24356177
Checked.

I'm a bit overweighted actually and should put more in another company but my current largest miner holding is Thunderstruck Resources. I'm pretty bullish on that explorer and I'm very happy with my current position.

>>24356155
Booba@_@

>>24356451
i like the St Gaudens design better. But ether one is a solid investment. go for lowest price if you cant decide which one you want

In this thread we must choose our Waifus

>>24356177
pic related
>>24356479
https://www.youtube.com/watch?v=v2AC41dglnM

>>24356177
2k in impact silver. I'm mostly on explorer/dev, I want both leverage and solid compagny. As for the why : https://equity.guru/2020/03/01/impact-silver-ipt-v-site-tour-feb-2020/

>>24357306
Lol, I've had that song in my head for a while!
Also, insane portfolio

I miss when /pmg/ was about fat stacks, merc dimes and batbois without the faggy miner talk

>discovered a LCS who will sell me gold coins for $20 over spot
Bruh

>>24357775
it's simple, with the profits of the miners you buy more fat stacks and batboys

>>24356177
checked
for me, it's WPM

>>24357775
pmg is about both. There is limited discussion about PM because there is absolutely nothing to say about coins. Add to that the potential gains in miners, its easy to understand the change.

>>24357775
the "shiny rocks" monicker is more than some just random words anon

>>24357775
Minerposting is comfyposting

>>24357840
>with the profits of the miners you buy more fat stacks and batboys
I don’t know about you but from what I’ve seen here the past few months nobody has made any notable amount of money on miners, and I’ve seen lots of people complain about how much money they’re LOSING on certain miners like Bayhorse

>>24357775
and besides, we've got to do something besides posting pics of the same old stacks over and over again.
would be interesting to see an estimated count of how many regular posters actually belong to /pmg/
I'm guessing less than 100 regulars frequent /pmg/
so basically one single thread is enough for everything to be said and after that we're just regurgitating the same stuff over and over

>>24357389
based.
>insane
probably. I guess the /xrp/ schizos were considered insane, too, so I bought a bag at the bottom. turned out OK. just need to have strong convictions and diamond hands/ignore the fudders and we will all make it.
>>24357775
been here since the early days. what everyone else said is pretty true. coins are pretty static. there's so many factors that influence a company that there is more discussion to be created from it (overall market conditions, discovery, management changes, etc.). also where do you think your coins come from, anon?

>>24357937
what game is this?

>>24357981
that's because they're buying these highly illiquid moonshot miners and expect to be a millionaire. it just doesn't work like that and most portfolios should have companies that are highly liquid. sure, have a small portion of your portfolio in those moonshots, but don't go /all in/ on those. a rising tide lifts all boats.

>>24358066
Heroes of Might and Magic III, one of the best strategy games ever made

Big part of it is resource and mine management, truly a strategy game built for /pmg/

https://youtu.be/sw8v5__Ytf4

Looks like it's only $1.49 right now https://www.gog.com/game/heroes_of_might_and_magic_3_complete_edition

>>24357981
also, even if you bought the top earlier this year, you gotta be averaging down to reduce your cost basis (if you actually didn't invest in a scam company), IMO. that's why I always keep 25% of my portfolio in cash to BTFD.

>>24357981
I made $40,000 dollars on miners. I also bought in June, and peaked out in August. Next leg up happening soon.

>>24358166
>expecting profit in the first 6 month of a 5+years PM bullmarket
ngmi.

>>24358519
kek. I'm still up bigly and I also sold to double/triple some stacks (I'm doing this in an IRA so no taxes).

>>24358235
cool thanks. looks like it has alot of features I enjoy and comfy ambience
idk anything about this game, but
I usually stay away from games that appear like they may have the proverbial endless layers, menus and mod settings for infinite dimensions of item/character management features.
I hate swimming through that stuff

>>24358415
based. you get it/you will make it.

>>24358519
>>24358415
>>24358304
>>24358166
Idk the people who shill miners sound like Q with the “trust the plan guys, precious metals bullrun any day now miners up 100x” and it never happens. Silver went up to $50 in 2011 then it crashed and hasn’t gotten anywhere near its peak since. Gold and silver have both steadily climbed up but the promises of massive returns just aren’t realistic

>>24358823
appreciate the oc. but I dont like overtly slutty looking anime girls.
pure and wholesome waifu is better

>>24358864
Open a book about history and finance, if nothing convince you about PM then nothing will.
>>24358721
good! Hope you the best. I'm mainly a physical guy, 40k in PM but only 3k in miners. I only add like 1k per month in miners, full small caps, no big MC like First majestic.

my gramma had a big stack of mercury dimes that i found when she died. i think i found one with an error on the date is that going to make it more valuable? looks like theres a 1 under the 2 in 1942

>>24358864
Think about how many more people are investing now vs. 2011. The platforms, the accessibility, the lower fees, etc. Would you have believed that we would have printed 7 trillion dollars as a response to this meme virus? There's a reason why banks around the world have been hoarding gold, anon. If you aren't convinced, then fine, but I'm fine with the risk/reward and this kind of "collapse" doesn't just happen overnight. Just zoom out (pic related).

>>24358864
Anyone who pushes for PM stacking will tell you the same thing, what you are talking about is crypto cucks and the life who thought they could jump on a bandwagon and get rich quick. PM's have never been about that, yes there is a very good possibility of a "moon shot" happening. But that is not why people who like physical buy them. It has always been a long term investment, you spend what you can when you can, try to buy the dips, never over extend yourself buying pm's and stack consistently trying to keep your average price per oz as low as you can.
The rest of these faggots are falling for memes, I made pic related because I believe in it but if it does not happen , I did not max out my credit card or do anything stupid to aquire it, it is a long term investment, preferrably one you pass on to your children

>>24358965
>Open a book about history and finance, if nothing convince you about PM then nothing will.
I was referring mostly to miners, they’re nothing but pure speculation compared to gold. And remember you’re still investing in the Ponzi scheme stock market, at any time a company can go bankrupt and you lose everything you put into it, that can’t happen with physical

>>24358965
based. First Majestic is kind of a market indicator, and the most recent dip and subsequent hard bounce we saw about a week ago shows that it's ready to move. mirin' your physical stack size. I'd guess next quarter we see stronger moves. I'm also into crypto, too tho. Been accumulating some crypto backed gold on this recent BTC pump/gold dump.

>>24358739
I also hate games like that. One of my friends tried to get me into Monster Hunter once and you had to spend hours researching and learning countless different aspects of the game before you understand what's going on

Luckily HoMM III isn't like that, it's incredibly easy to pick up, simple rules, and its depth reveals itself gradually over time. Sorta like chess

It's like literally $1 on GOG right now, good enough reason to give it a shot and if you don't like it nothing lost. I've been playing a lot of old games recently that I never played before and now I kick myself for only just now discovering them. Like I recently played Half-Life for the first time lol

>>24359027
You need to educate yourself. Where does your PM come from ? Don't mix miners with 1000 PE ratio compagny like tesla.

>>24359088
I'll check it out. wonder if it's on steam

>Silver back under $23
>Gold back under $1800

>>24355933
I just stop by for pictures of boomer rocks.

>>24359171
Steam edition was a botched "HD" version that ruined original sprites and didn't even include all content.

Get the GOG version linked here >>24358235

>>24355933
> golden rage and rape juice edition
noice, lad.

>>24359294
....installing now

Visiting closest lcs one hour drive. Wish me luck lads. Rolling for silver id

>>24359742
mine's green for imaginary gains that will come at some point r-right?

>>24356177
Checked. Just SLV and SLJ, so not even miners just ETFs. Barrick is actually looking pretty tasty right now on this month long dip. I didn't some calls on GPL. An Anon here made a pretty tempting case a few threads ago. That way if they expire worthless then they'll for sure be cheap enough at that point got me to throw a hundred or two at to see if they end up getting aquired or not. Plus the new CEO, so it's got promise. More so than that dumpster fire NAK (thank God I got out of that with some profit).

>>24360345
*Did get some calls

How do you guys actually plan on bartering with your shiny metal once shtf?

>>24357775
kys poorfag

>>24357887
based and redpilled, ygmi, friendly reminder to stop posting stupid meaningless pictures of coins that i can just watch on google, keep the threads focused on miners

>>24360435
>keep the threads focused on miners
Lmao too poor to afford gold?

>>24358864
massive gains aren't realistic
>whole world on fiat standard based on the us dollar
>collapse of us dollar incoming
>trillions and trillions from all around the world are gonna chase gold
>world goes back on gold standard
>people investing in miners do an EASY 50x
>more people than ever invested in the stock market=bigger gains than the 70s and 2000's
anon how can you not see this, are you black?

>>24360525
no anon i currently hold 500 gs in a vault, 100 g in my house and $180.000 in the stock market.
wby?
>pic related 100 gs and my nuts that im gonna put in your sister mouth for a merc dime

>>24360525
forgot pic and oh yea 100 ounces of silver too

Important reminder to all new stackers that all coins with Queen Elizabeth on it's back are subject to Crown copyright laws and in fact are a property of The British Royal Family. You do not actually own it and therefore /pmg/ choice of coins are ASEs/AGEs and kruger rands.

>>24360654
H o t

>>24360880
>all coins with Queen Elizabeth on it's back are subject to Crown copyright laws and in fact are a property of The British Royal Family. You do not actually own it
Real shit?

>>24360410
No one answered

>>24357775
the fuck you on about... PMG has always had plenty of miner talk...

I do wish more stacks were posted tho, but many big stackers have already posted theirs so probably just are tired of it.

You stacklets need to pick up the slack

Any anons holding Silver Sands or any other Argentinian miners?

>>24360968
That is because you dont barter with money anon... you just buy stuff... even right now I can just buy stuff with PM's

>>24361014
I'll visit my boat wreck and see if I can find them monday

>>24360880
>in fact are a property of The British Royal Family.
you fuckin retard have to go back to school and learn what actually "in fact" means. there's literally zero fuckin UK jurisdiction over coins bought. its your personal property and even in some schizo lalaland scenario if they would call for those coins, they literally can't do shit about it.

melt it, sell it. not to mention brexit so who would they fuckin call ? Texas ? like send their fuckin police with tasers there for their coins ?

LMFAO

>>24360654
kys freak

>>24360654
and why the fuck you have PC, kitchen and sitting in boxers. also flexing a fuckin bar, and flexing muscles to pose for a picture on fuckin chan lmao.

yeah your hands are super tight on this picture you are not fooling anyone that you didnt flex what a fuckin pussy lmao

>>24361282
I think he’s the same faggot that took a picture of his silver with his cock in the mirror

>>24360880
>fact are a property of The British Royal Family
Come and take them then.

t.Americfat

>>24357891
I'm so glad someone added a 500oz tier that 100oz to 1000oz is a big step up and this recent dip means its much more achievable
thx frens wagmi

>>24360654
>>24361299

>>24361310
should be perma banned. i dont come to these threads to see pics of naked dudes
that's for other boards maybe, but not for /biz/ or /pmg/

waifus are fine
anime is fane
vidya games are fine
boobies are fine
/k/ is fine

pics of naked dudes is not fine. not funny. they can go back to sophmore high school if thats what they want to do.

but not here.

not on /pmg/

not on my watch

>>24361421
Yeah I had been looking at adding that tier for a while, the panner image was perfect for it, glad someone helped me out by submitting that pic for consideration.

>>24361501
This is the only acceptable penis on PMG

>>24355933
whats the cheapest silver price you guys are finding right now for physical?

>>24361556
hello police?
I'd like to report a 4chan crimes

>>24361598
Whatever spot is, but if you look on JM or Monument Metals you can filter through what the cheapest per ounce is. Likely Buffalos or ASE, they're typically the lowest you'll find.

Can I ask you when will there be the next cycle of inflation/deflation?

>>24361682
whenever the fed does shit

>>24361636
kek

Well I finally bought my first gold and silver so I'm happy. It's not much but it's a start.

>>24361759
The fed doesn’t have the power to dictate such sentiments in the marketplace. They are soothsayers only.

>>24361501

Bros, Katusa is saying gold will keep going down for a while longer. Is he right?
>https://www.youtube.com/watch?v=WvHo8llGQtQ

>>24360410
Depends on the scenario. Hyper-inflation? You're all good. You could buy houses with a little gold in Venezuela. Deflation and system collapse? Wait for things to cool down and liquidate a little when a new system is established to get a head start compared to others. I wouldn't barter my metal away and I think people would much rather trade edible goods instead anyways

>>24362508
>post is still up
Jannies are hungry for BBC confirmed

>>24362508
Mods!

>>24362277
Nice! YGMI
>>24362315
The Fed has direct control over interest rates and the money supply.

from today's ep

>>24361299
lmfao seething
>stick boy spotted

>>24362769
holy shit

>>24362508
And people try to shame me for posting scantily clad waifus.

did I goof by buying into gold and silver now instead of waiting for deflation?

>>24362508
good girth and lenght pretty solid

>>24362940
did you buy physical or paper?

>>24362769
jesus FUCKING christ you're making me confused

>>24355933
bitcoin /recovers/ gold and silver continue to crash, why are you on the wrong horse anon?

>>24362980
physical

>>24363067
Yes I am financially ruined, my 100 ounces of gold are literally worthless now

>>24362940
>big inflation
>you are here
Is this bait?

>>24362745
>>24362910
>>24362946
Y'all are racist

>>24363291
How’s it going Eurasian Tiger?

>>24363125
>100oz of gold
why lie on the internet?

>>24359294
Typically when both steam and gog sell the same game the gog version is better I have found.

>>24360880
LOL

>>24360880
I think it'd be more impressed if the Queen bothered to send someone to the swamp I live in to get it

What should I add to my rektfolio? Can DCA about 500$ monthly because I'm poor european fag.

>>24363096
well when silver and gold gets cheaper your coinshop won't sell it anyways. When prices dropped in march physical prices barely moved and inventory got bought up super fast and online-shops were down.

>>24363659
I see no impact silver, not gonna make it. see >>24357352

>>24355933
Any recommendations for a non-bullion gold coin that’s about half an ounce? Preferably something without Queen Lizard on it

>>24363730
Considering with Defiance, Great Panther Silver One but lately seen some postson pmg not recommending last one

Where do you guys buy your stuff in Europe? I just moved here and dont know of anything trustworthy

>>24362940
No
https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/

>>24362850
>The Fed has direct control over interest rates and the money supply.
what's the meaning of ''the fed dictates shit'' ?
could you explain little bit better?

>>24363999
Hmm. Not really sure myself, so bump.

>>24363218
>government """statistics"""

>>24355933
Why was he so based?

>>24364158
henlo

I think QE is deflationary because it makes everyone pile into what basically become casinos instead of actually productive investments. It is also why QE has never worked in any human civilization since deflation is what it is trying to avoid.
I am still stacking and in miners because that deflation destabilizes society from income inequality that has to inevitably hit some reset button with the currency to be backed again by gold or silver.

>>24361523
Now I'm stuck between Pirate tier and Fledgling Panner tier

>>24363067

>>24363067

bitcoin is overvalued in a very serious way. if you view bitcoin as a service (minimal-trust transaction processing), then it becomes apparent how overvalued it is. there are better, faster coins that are built on sounder fundamentals. it's a dotcom bubble and i think most cryptos are relatively overvalued, but especially bitcoin.

>>24362627
He's probably right in terms of downward volatility from free trading shares. Lot of lot of people are going to dump fresh shares so just be hedged for the situation. Have cash ready, take a bit of profits, and have your buy list prepared. Find out who's been financing and what their prices are, and if you want to be a buyer of the dumps. I picked up MTB at insanely cheap prices from the free trading shares recently.
It also coincides with further lockdowns and the covid narrative that crashed markets last time, and as well gold recently breaking down to the 1750's levels. Be ready and buy when the pink wojacks start coming in.

Otherwise just pay no attention for the next two months and don't panic.

>>24358235
>>24358739
slavic people play hmm competitively on twitch if you want to check it out

>>24363659
JUST

seriously though stop buying only what PMG shills. People start shilling when the prices are peaking, and when prices are low people hate miners.

>>24358235
Boy, best game ever. Played a random map on Horn of The Abyss this afternoon

sub $20 incoming

>>24364907
>if you view bitcoin as a service (minimal-trust transaction processing), then it becomes apparent how overvalued it is. there are better, faster coins that are built on sounder fundamentals.

cont.

and what is almost never mentioned by bitcoin proponents here is that this is exactly how people are going to view it unless they already have a vested interest. why use bitcoin when there are other established cryptos that are much faster with much lower fees, and with smart-contract support? it makes no sense no matter how you slice it.

>>24364907
>there are better, faster coins that are built on sounder fundamentals.
Isn’t Litecoin one of them?

I have never wanted to be able to look into the future more than right now... What will happen in the next couple years? deflation then hyperinflation? CBDC slavery? PMs banned and useless? The fall of the USD? Gold/Silver standard? PM manipulation ending? btc taking over? Will miners actually 50-150x+? Will Gold hit 5 digits and silver 3?

Fuck this waiting bullshit I want to know now because I know looking back on this time most of my predictions/thoughts will be wrong

>>24365087

i think proof of work is a doomed concept, but for the time being LTC is faster and has lower marketcap while still being pretty far along in terms of blocks mined.

>>24365102
the deflation fags might have a point, but at the same time steven, harry and jeff all seem so fucking bluepilled and that for some reason makes me think they are 100% wrong. btc taking over ? go kys fag, pms banned? bullish

>>24365102
>Gold/Silver standard?
no
>btc taking over?
yes

>>24363999
Chile 100 Pesos and Austria 100 Schilling are two that come to mind. I'm sure there are others I can't remember.

>>24365102
Cashless society, spearheaded by central bank shitcoins. That seems by far the most certain to me, the only question is timeframe.

>>24355933
Great thread

>>24365214
>Cashless society

there are places around me that don't even accept credit cards. i don't know what kind of world you people are living in but it seems unlikely in the near future.

>>24365166
Bitcoin taking over is literally one of the dumbest things
Imagine letting your currency be controlled by China lmfao

>>24365252
nooooo, you just dont understand bro !

>>24365252

imagine having to bid against 1000 other assholes to try and get your transaction processed, then waiting hours for it to happen, and then paying big bucks to chinese miners who get to keep your money while terawatts of power are wasted on useless hashing.

>>24365287
The more I see shit like this the more convinced I am that the Chinese will be separating the gweilo from their money this decade

i think bitcoin proponents honestly don't understand how the protocol works. there's no other way you could really be confident in bitcoin if you knew how it worked under the hood.

>>24365166
>Implying
It'll be a Bank created Crypto with the backing of actual Gold and Silver. The idea the banks(who own the most PMs) would allow a rouge E-Token to replace them is laughable.

>>24365238
I am a "QE is deflationary/destroys middle class" anon. The central banks have for years been lamenting about how QE seems to grow income inequality and not spur prolonged growth MMT says it "should".
Having a digital currency means that you can more easily dump QE at will with the added "advantage" that you can make it timed. You get X number of fedcoins that expire within, say, 6 months. You can even impose limits on it like "can't be used to buy equities or be stored in bank accounts". To stop those pesky savers from not becoming debt slaves. That is the true dystopian future and the only escape/out would be literally any and all durable commodities: gold, silver, lumber, diapers, motor oil, etc. I have barely anything more than a curiosity exposure to cryptos because they will be nuked from orbit as competition to CB shitcoins. The excuse will almost certainly be "these retail cryptos are used for drugs or other illicit activites".

>>24365333
I think most of them have an understanding of the technology but 0 idea of how it's played out irl
Their knowledge of actual miner distribution starts and ends at pool hash rates

alright fellow goldniggers. im sitting on xx k of cash, i would like to buy a flat, but at the moment it is not enough at this moment. i have been waiting for a real estate crash but its taking a toll on me. should i go all gold, maybe 50/50?
a mortgage is not an option

>>24365238
you must live in rural wisonsin or something because thats pretty much the opposite of where I am
t. New Englander

>>24365409
>you must live in rural wisonsin

unfortunately not.

Got some more sovs today

>>24365238
>there are places around me that don't even accept credit cards.
Overwhelmingly based and Ludditepilled

>>24365475

i don't see what's backwards about it. cash really works just fine. i prefer it in most cases.

>>24365469
And one of the has a strike error.

>>24365469
Why are some ASEs sold in those plastic containers and some are just in rolls of 20/sold in little plastic slips.

>>24365554
I'm sending them back, milk spots I can deal with but for ms70s these are garbage.

>>24365507
congrats you just got 1.5x the value

>>24365492
They want to completely eliminate cash so they can track every transaction being made, the GOYIM-19 virus was a perfect catalyst for the elimination of cash among other things with the
>CASH IS DIRTY AND CARRIES VIRUSES!!!
Meme

>>24365329
The only ones losing money are metals cucks, as always . They buy something at at a premium, that then dumps , suckers

>>24365384

hashrates don't really matter. proof of stake and consensus-based coins have a huge competitive advantage when it comes to being used as a currency. bitcoin is a transaction processor, not a store of value. and in that regard, it's severely outclassed by many newer coins.

>>24365631
I may just slab it for the hell of it.

>>24363999
double sovereigns that predate QE have a guy on them

>>24365707

owning physical means you're not tempted to sell whenever it has a rough day or two. it will almost always go up over the timescale that most people own it.

>>24364610
that uh... makes you a pirate anon.

YARRRRR

>>24365626
wow that is garbage...

Slabs are kind of like that though... 99 of the time its just a piece of plastic

>Tantalum

Tantalum bros (like Pan Man) whoa! Per ounce this material pulls $1800 USD. How does one even liquidate this though? How does one sell precious metals like this? Do you submit it to brinks to store and sell?
>>24351962
To the anon that talked to me about the Scottsdale...
Thanks for the heads up.
I'll be investing in AES and Scottsdale more. I've already bought from Scottsdale and seriously impressed with them.

>>24364158
The Fed literally has the power to decide the treasury interest rates, as well as the power to brrrrrr

>24365707
This is cope

>>24365759
It doesn’t beat inflation since the paper market opened and never will again, research it same as silver but even more so

>>24365933
>It doesn’t beat inflation since the paper market opened
Well shit I guess Gold's 10% average APR doesn't mean anything

>>24361065
I think aumn has exposure to Argentina but I could be thinking of something else, maybe yamana one of those 2

>>24365812
Yeah, only worth bullion now. I'm gonna stick to slabbed gold

>>24365947
Anon.. it’s up 15% in _10_ years.. silver is down during that period not even counting inflation. you’re quoting figures from before a strong paper market surfaced, theres an unlimited paper supply now, so if you held gold for the last decade you’ve lost close to half your value to inflation, it’s beaten holding fiat but not by a lot. Stocks. Real estate, crypto has destroyed it

>>24366019
Oops! All wrong!

The biggest industry in the world in 2030 will be electric vehicles, lithium batteries are not a long term solution for electric vehicles. Buy Vanadium stocks now, not only do the batteries last 100 times longer, they can be connected to the grid (think Energy Web Foundation) and they are recyclable.

>>24366051
“Wrong” then shows a 5 year return, the state of pm noobs

>>24366136
lol

>>24363218
You fucking moron. Inflation can only be measured in money supply and commodity prices. The "real inflation rate" from 1971 to 2019 was somewhere between gold's cagr and silvers cagr

Gold price in 2011, 1900 usd, gold price in 2020 1780 usd. Congrats not only has inflation ruined you, you’ve actually lost usd against fiat too it’s outperformed you, not easy to do if you bought silver that same year you’re down 50% against usd before inflation. LOL stay poor

>>24366062
I’ve heard a few miners mentioning that they have vanadium resources, but have any EV manufactures mention that they’re moving to a vanadium battery?

You might be right, but it seems like a much longer term trend that hasn’t really begun yet.

>>24366175
Again quoting a time before the paper market took over and made the gold supply infinite, if you don’t at least understand the basics you will stay poor.

>>24366234
This is actual retard cope
Crypto has had the same cycles lmao, imagine buying in 2017, you've literally lost against inflation

what’d cryptoanon mean by this?

>>24366313
>not even your own pic
stay poor
I own both PMs and crypto but you're actually retarded if you think that PMs just lose

>>24358235
heroes 3 was awesome

Regarding the miner talk above:
The majority of you guys have neither the mining knowledge not the financial knowledge to pick your own ming portfolio. The majority of many of your holdings are just stuff other people have talked about. This is an extra problem in this space because of the 1920s level of stock promotion that goes on in junior to mid tier miners. Back when everyone was suckling MUX off in August I told all of you, every time it was mentioned that their warrants were trading considerably more cheaply than their shares. Most of you didn't know what a warrant was. This isn't an insult as all of you have still ended up with balance sheets better than 80% of your cohorts. But leave the mining picks mostly to an etf or mutual fund unless you're pan man or a couple other guys. This space has more frauds and dogshit than anything else but "digital marketing" startups. Put most of your equity investments in gdx, epgfx, or first eagles fund (or another well regarded gold mf). Gamble with juniors on the side

>>24366467
no, you just want our shares.

>>24365626
no fucking way that's MS70

>>24366467
This is the reason that my two largest mine holdings are GDX and GDXJ. I do pick a few individual companies, but just holding the two biggest indices gives you great exposure to the sector without as much downside risk.

>>24366666
C-c-checked and based

>>24365626
If I get shit like that in an actual numismatic that I ordered I'd return it
Fuck it I'll even petition ebay that the thing isn't what was said and that it's dogshit, get my money back anyway and sellers pays shipping lole

>>24366019
are you accounting purchasing power aswell ? and average salaries etc? because for sure minimum wage workers are basically priced out of ounce of gold forever in current times.

im tired, but i remember growing up in 90's and gold chains etc were much more popular because people could obtain them easily, same for 2000's.

last 10 years not so much. and i dont even own PM yet.

but that soon is changing.

>>24366019
Then what does that tell you about how undervalued it is

>>24366019
It doesnt matter what anyone says to me. The fundamentals of gold and silver being massively undervalued is all I need.

>>24355933
to get some insight about Dec 18 calls due on gold/silver, looked into the option chain for NEM under the assumption it'll be more or less apples to apples. Is that a safe assumption? Looks like it's just a few players that hold the highest volume and quantity of calls (look at the timestamps). I think these are long calls that are held so they don't have to own the underlying stock in order to sell covered calls before expiry. Am I reading this right? I'm actually trying to do the exact same thing.

>>24366467
Well who are you invested in then?

>>24367143
call volume is shooting up these past couple days and I'm pretty bullish on NEM, so I'm deciding between a put credit spread or a poor man's covered call.

>>24366666
Well fuck boys I definitely must have been wrong

>>24365368
Isn't deflation happening not a result of QE, but the result of near zero interest rates? I seem to remember one anon suggesting that QE was directly inflationary because it increases bond prices which are in turn sold at a higher value, this bringing money from the financial economy into the real economy. Also, wouldn't QE potentially make the banks feel more comfortable lending money than if it didn't exist given the fed's tendency to bail them out? It seems to my mind that lending would be even more stringent than it already is if QE wasn't happening whatsoever.

Im looking to get out of canada silver cobalt works and ill put it in something more stable like GDX, sprott, barrick gold, pr first majestic

>>24367179
Like I said, I own mux warrants (mqmnw), epgfx, and a little bit of gdx that I use as a risky in and out spot on an options account

>>24366019
Please continue to buy tops and sell bottoms.

>>24366666
/pmg/ always gets the gets

>>24367231
Yep because I'm not interested in having a faggot portfolio. Good reminder though and you are right, people should stick to etf if they dont intend to study.

>>24367273
What is your realistic price target on MUX in the next say 52 weeks? I think that they are oversold and if they can go a couple quarters without any more biblical disasters they could easily double or more.

>>24367232
>the result of near zero interest rates
The theory behind ZIRP is to "encourage healthy inflation" whatever the hell that really means. It serves as the ultimate benchmark for all other lending because why would you lend money to someone/thing else with a return X if its less than that of the Fed since the risk would also be higher. The problem is...
>Also, wouldn't QE potentially make the banks feel more comfortable lending money
ZIRP fucks lenders at the expense of spenders. Banks have tightened, not loosened, their lending for fear of defaults. Also because they have to hold so much in collateral with swaps from the Fed.
>QE was directly inflationary because it increases bond prices which are in turn sold at a higher value
Look up liquidity trap. The bigger takeaway is that people are still buying bonds despite all the Fed's "THIS TIME FOR REAL INFLATION" posturing because of an expectation that yields could go even lower in the future (and thus you can sell bonds bought today for a higher premium in the future)

*crashes the value of your metals*
Nothing personal, kid.

>>24367342
Idk and idgaf. The warrants are dated 4 years from last week and have a $1.70 ish exercise price. It seems cheap, but that company has destroyed capital ever since it went public if I remember my research right. I have 0 experience with this sub field. I do know that when I plugged the option into black scholes with a 2 year expiration it was worth 0.85 while trading in the high one fifties. I believe the shares were around $1.40 at the time. Either the company goes parabolic with gold or it doesn't. Might as well get a little bit more leverage (at a lower cost!) With the warrants. I believe they are also antidilutive, so if they have to print shares because gold stalls, you're still covered in the warrants (not 100% sure I'm correct)

>>24367198
can you show this graph for 2019 ? like last quarter of 2019 or 2018 aswell ? thanks in advance

>>24366467
I get your point, but aren’t we entering into the possibly the greatest PM bull market in history? And, as long as our mining portfolios feature at least ten or so companies with jurisdictional diversification, full ownership of verified ounces in the ground, all requisite regulatory and legal stuff handled, some money in the bank, and no predatory management, wouldn’t it be somewhat unlikely that every company would fail and leave us penniless? Is it absolutely necessary to comb through every financial statement with a highly discerning fine tooth comb? Your point stands, but to say that we need to be both mining industry insiders and skilled accountants just to make a little money in this bull market by holding miners is a little hyperbolic and ridiculous IMHO

>>24367975
>ten or so companies
calm down buddy, we are not all rich. Only have 5, cant handle more as a poor wageslave. Ipt, dv, ccw, vgld and ks.

What do you think Nostradamus meant by this?

Century 8 quatrain 28;
>The copies of gold and silver inflated,
>which after the theft were thrown into the lake,
>at the discovery that all is exhausted and dissipated by the debt.
>All scrips and bonds will be wiped out.

Any Big Brain takes on this?

>>24368042
I get a little annoyed by the FUD. saying that investors are incapable of learning about mining stocks and shouldn’t be investing in them is ridiculous. Yes, we need to educate ourselves and continually do due diligence on our investments, but it can be done. GDX is a great ETF but some of us want to actually do the work to realize higher gains while being comfortable with the increased risk.

>>24366062
one of the biggest factors in EV and batteries in general will be nickel, lots of very under valued stocks like FPX out there

>>24367555
wont be economically viable for 200 years and even if it was, it costs resources to mine

>>24366666
truth
>>24366467
honestly you come off as far too self assured. MUX is even not that bad of a company even though SP is shit right now (good buy RN IMO)

No one picks all the winners, just not how it works, that being said if people are lazy or just dont know how to do proper DD then yeah, they probably should stick to etf/index/MF type things.

>>24367767
It would take a long time for me to do that since I don't have a bloomberg terminal and as far as I can tell, it would just demonstrate seasonality. seasonal factors which would be priced in already. If you want to check yourself, you can get a free 7-day trial here: https://marketchameleon.com/Overview/NEM/IV/ and you can check the 3-year implied volatility, but I think it's a red herring. Why do you want to compare previous year data?

>>24367975
At that point just buy a junior etf or a mutual fund that's dumb aggressive if it's out there. A lot of the juniors consume constant capital. The market maker in me says most likely outcome is gold just goes ~+12%/yr. In such a case even if these juniors start operation you have a good chance of not making money because of dilution. It's called wildcatting for a reason

>>24368115
Literally taking about the inflated paper market.
>silver/gold paper market is supposed to match physical
>one paper ounce equals and is backed by one physical ounce
>kikes are kikes
>instead of having the physical print and sell paper
>for every one ounce of physical there is 177-500 paper ounces.
>economic hardships cause people to want to exchange for physical silver
>oopssorrywearejews.jpg
>currency reset
>silver and gold moon to their natural values
>comex kikes gassed by H2O
>we are now lords and kings.

>>24368115
this isnt the first time for any of this
history repeats
and the cancel culture movement tearing down our country today is the same things done in the old world which is why many things of ancient Egypt are a confused mystery to us today

>>24368143
Look I'm not saying incapable, but juniors and wildcatters are the toughest things to figure out. I don't doubt that if you cast a wide net across wildcatters you would probably make a lot of money if prices go >4x. The problem all these companies have is operating financing. Hardly any of them can sustain themselves without constant capital injection and there are very few people (my self definitely not among them) than can both figure out the potential quality of ore discovery and accurately price what these companies costs of capital are over that time period in the case we hit the doldrums. The amount of money you would need to basically be a vc fund in this area (like sprott) precludes probably everyone in pmg

>>24368115
>Century 8 quatrain 28
That corresponds to a time frame right?

>>24367555
Trips of truth, as tech advances mining gets cheaper and more efficient, unlike with bitcoin where miners compete for fixed rewards metals they just rip it out of the ground faster as the price goes up. Endless sell pressure

>>24369009
God people don't get money. As tech advances in extracting gold it advances in extracting everything else which causes prices to decline. Then that gets applied to gold and prices start to rise back to where they were. Why do you think dynamite didn't start hyperinflation

>>24369009
Last time I checked a solar flare can’t wipe out my gold or silver, nice try though cryptocuck
https://en.m.wikipedia.org/wiki/Carrington_Event

Surprise order came in early

>>24369067
you mean everything except bitcoin which is a fixed supply, fixed inflation (already Lower inflation then gold)
>>24369082
got bigger issues then bitcoin if that happens, like a dozen niggers taking your head off for your gold whenever you tried to do any trade

>>24369139
Which is why no one would use it you ignorant moron. If someone expects the price of something to go up they don't trade with it. And bitcoin only has value for trading. Literally a single pajeet coin with tail emissions would ensure that bitcoin never got used even of all the tech issues that will never be resolved got fixed. No one has ever thought a deflationary money was a good idea in human history but you fucktards. You understand literally nothing but muh m1 number go up. Bitcoin number no go up

>>24369117
very nice fren., very nice indeed

>>24369139
>got bigger issues then bitcoin if that happens, like a dozen niggers taking your head off for your gold whenever you tried to do any trade
My gold will still be here in the event of a solar flare, while your Bitcoin will just disappear. Simple as

>>24369117
Now prepare for surprise milk spots. Rands are bullshit.

>>24366242
$UUUU
Pic related

>>24369326
> 1 post by this ID

>>24369326
That’s unfortunate, but I don’t really care when it comes to silver. I’ve been buying the silver kruggerands because they are recognized almost everywhere in the world.

>>24369206
tell that to the bitcoin billionaires thatve held since 2012-2013. It’s the truest store of value in existence newfag, gold aint .. too much inflation and hasn’t beaten inflation this decade

>>24369394
I own CCJ, UEC, and UUUU. I’m just not sold on the vanadium part because I haven’t seen anything from a major EV manufacturer saying anything about vanadium in batteries, but if you can prove me wrong that would be welcome. I’m definitely on board for the uranium thesis.

>>24366467
bUt SoMe GuY oN tHe InN'rNeT sAiD bUtThOrSe Is A gOoD sToCk WiF wOtSa OuNcEs InNa GrOuNd N dA oWnEr Is A rEeEeEeL sWeLl GuY

Omg so slow here

>>24355933
$APE BEING LISTED ON BINANCE SOON, APE THE FUCK IN

https://www.dextools.io/app/uniswap/pair-explorer/0xe6178260a60ee47f0c49f177c7bb990e0455f727

>>24369488
>drinking your own koolaid
wewlad

>>24369422
>2
suck it, faggot

>>24369439
My household does not recognize Rands

>>24369635
Post stack with time stamp, faggot

>>24369622
r u d e

>>24369676
I do not stack

>>24369755
Well at least you’re honest about it

>>24369676
Just google Kruger milk spots and you'll get a ton of recently made videos and rants. It's pretty bad.

>>24369692
>>24369713
>>24369739
I just watched this with the requiem for a dream theme song in the background and it made it even better than it already was
youtube.com/watch?v=2LhaXf3iTHo

>>24369815
>requiem for a dream theme song
All the low quality 240p Windows Movie Maker "2012 doomsday/Nibiru/Polar Shift" doomsday videos that I used to watch as a terrified little kid ruined that song for me forever.

>>24369878
lmfao same

>>24366242
Bill Gates has invested in a new start up who deal specifically with battery technology, not sure what that tech is but it will be big. Also keep an eye on Elon Musk mining operations, he will expand horizontally like Apple and bring everything in house for Tesla.

>>24367237
Weak hands but I don't blame you. I'll be sticking to it for a few more months at least, they've a drilling program ongoing and I'd like to see some assays and even better, some interpretation of the form of the deposit
>>24367555
Kek checked
>>24367610
Warrants get more confusing the more I think about the specifics lol. Especially how they're valued and leveraged. I'd love to try and get into some Canadian mkner warrants but I don't know if that market is even available to me as a yuro sadly.
>>24368115
I can't even tell if Nostradamus ever actually wrote that or whether that was just a joke

>>24370045

Peace dollar

>>24368143
Ive learned an incredible amount of information in the last six months. Given the chaos of this year, i would pit my 6 month modern day knowledge and experiencing the absolute chaos of 2020 against a 3 -5 year investor from basically any point in history of the last 50 years.

Im saying we hit the ground running. We jumped right in the deep end and it was sink or swim.

>>24368767
12% a year would have been considered incredible gains throughout the last 100 years of stock market history. Its only in this modern day we gave been accustomed to such large swings.

>>24370224
I dont think its weak hands at all. They are getting roasted on ceo.ca

expecting another comex smack down? i wanted to get a few gold coins that i like the look of just to have. i wasnt going to put any more money into pms but i cant resist

Just had look at plebbit silver subreddits and fuck me its cringe... either junk silver, 925 scrap or pop coins like deadpool etc. Honestly. Why even fucking bother posting that shit.

>>24365469
Can you buy me one pl0x

>>24370846
What else would you expect from fucking leddit?

>>24370525
I just read some of the chat. Some skepticism and mild annoyance, but I didn’t see anyone “roasting” CCW.

>>24370452
Imagine being a regular on /pmg/ and you havent basked in the full glory of esoteric knowledge and wisdom that has been available here over the past 6 months.

The gains that select small cap equities see during commodities bull runs, particularly precious metals, eclipse anything in any other asset class. but regardless of what asset class you're investing in, and how fundamentally solid you're investment is, you should always anticipate prolonged risk in the downside. I bought LINK at $0.4 and I spent a year dipping under my initial price several times and barely holding over, before the parabolic run up. /pmg/ this year has reminded me very much of the early LINK threads.

Small cap precious metal miners that have solid properties, solid management and solid jurisdiction will experience godly returns during the mania phase of this bull run. Is that six months away, 1 year, 2 years, 3 years away? It doesnt matter. All that matters is not missing out and holding tight. Dont gamble with make-it tickets.

The best part is though, if you dont have the resolution and investment brain to endure this stress, you dont have too. Just hold physical. Physical is there to preserve and grow your purchasing power. Miners are there for life changing returns on capital.

I was going to buy like $5k worth of physical a couple of weeks ago but decided to wait for black Friday deals and I am glad I did, now I'm not sure if I should buy now or try to time it for some more discounts.

>>24370949
Literally some fag posting a deadpool coin and a wolverine coin spouting i have no self control. Nothing else in stack. Would have paid double spot for each coin.
Like... why...?

>>24370846
silverdeals is alright

>>24371221
People actually buy those?

>>24369739
i enjoy this one the most

>>24371309
Faggots on reddit do... literal mouth breathing drooling faggots.

>>24371123
Great post anon. Thanks for the inspiring words.

>>24371309
Apparently.
Mostly normies and asians here in Australia.

>>24371221
I mean... you do have to actually go onto reddit to see that kind of faggotry, so its mostly your fault

>>24355933
I just dabbed on jannies

There’s a /pol/ thread saying that a central bank facility in France was set ablaze. Not sure if true. Haven’t seen any news on it yet.
>>>293671961

>>24371992
It's gone already.

>>24372030

>>24372053
>>/pol/293671961
Try this instead.

>>24372088
>>>/pol/293671961
Boom

>>24372141
Thank you sir. TIL.

>>24371992
>>24372053
>rioters targeting the actual institutions responsible for the real problems in the world

watch the full force of the french authority come down on them now.

I've been waiting for prices to dip and it looks like this is it. Should I get 10 Asahi rounds or a 10oz Bison Bullion bar?

FWTDHW update biz bros?

>>24372053
based frogs

Just ordered another kilo, how good are these cheapies boys? On track to hitting 110kg silber, 5 Oz gold efore the end of the year

>>24358235
Based & redpilled
I played this all the time when I was a wee lad!

hey guys, new to this specific board but have been stacking silver for a couple years and treading stocks and options for a long time. Any suggestions on small cap miners or other low priced stocks/ETFs related to the PM industry? I've never traded OTC stuff or any other low-tier trash but any good suggestions and brokers that offer it? Thanks.

>>24372439
Porque no los dos?

>>24372317
They weren't targetting the bank, they were protesting an unrelated law and just happened to torch the Bank because it happened to be nearby.

>>24372529
SILJ and GDXJ for broad junior miner exposure. Holdings are very similar to SIL and GDX.

In order of my love and relative percentage of holdings:
AUNFF
AUMN
NEM
AG
DOLLF
DSVMF
TKRFF
LOMLF

Heard good things about PMY but don't hold any.

DYOR. A good beginner's guide to mining stocks is on investopedia. An anon who has a list of beginner research resources posted a couple threads back, flip through the backtrail and you'll find it. Good stuff.

>>24371833
Yeah I know, it appeared on a google search and I though hey I wonder how reddit stacks compared to pmg...
Its genuinely pathetic.
Also, checked.

>>24372602
Ich sprechen nicht Spanisch

>>24367518
>The bigger takeaway is that people are still buying bonds despite all the Fed's "THIS TIME FOR REAL INFLATION" posturing because of an expectation that yields could go even lower in the future (and thus you can sell bonds bought today for a higher premium in the future)
This is more likely to be individuals that want money parked in usd or banking, insurance, and other financial entities that are buying per outlined requirements. Some of it is hedging a deflationary scenario, but I'm guessing that it's not individuals nor businesses. It's more likely to be the regulators.

>>24372521

sauce?

>>24371168
It's always the problem. Why not buy 2 grand now and see what happens in another week?

For the junior miner investment chads here, what factors do you look at when applying DD before you decide that a particular miner is worth investing in? I also realize I need to finally man up and move my shit off of robinmeme to acquire most of them. Do you look at production vs. sales, future contracts and land development/acquisition, etc.? Any help for those of us that want to dig further into them and not just park money in SILJ or SLV or Barrick Gold (even if Barrick is looking like an attractive pickup at $11.80 right now). Also considering EGO as well.

>>24372908
Gyo. It's in the filename, my fren.

C'mon post stacks

>>24373052
firstly i look at the property and how much gold/silver is likely to be there. this is the most important thing. it needs to be clear that theres an abundance of product under the ground or there HAS been an abundance of metal under the ground in the past in the form of an existing mine that was rich and thriving (ie vangold). this is why my biggest holdings are pacifico, dolly varden, klondike and vangold. there is objective proof that theres likely a shit load of precious metal on their properties and all they have to do is get it out of the ground.

then i look at the management and see if they're con artist scum with a history of bullshit, or have a genuine passion for the business and a history of success.

then i look at the jurisdiction and determine if the country is too much of a shithole to be invested in. some poor fuckers here invested in a turkish mine lmao... recipe for disaster that you should be able to see a mile away if you have any political knowledge

I also have to look at the financials because i dont want anything too dodgy but if you expect to see small caps with perfect balance sheets FORGET IT.

bascially i want as much leverage to the spot price as possible and that means buying a company that has a shit load of gold/silver under ground and have the means of getting it out of the ground when the bull run commences.

>>24373204

>>24373204
stacklet reporting in

pls no bully /pmg/, the junk silver is mine but the silver and half dollars were given to me by the folks when visiting

>>24373330
So the reality seems to be that because mining operations are either non existent or at the very least in the early stages, expect some degree of debt over profit. As long as they aren't doing anything to show that they're doing amazing despite nothing to show for it (as well not being in a third world shithole), you can then begin to do some basic geographic research in the areas they plan to operate.

There's obviously some high risk when dealing with these companies since most of them are OTC. Then again I'm YOLOing everything I have into one particular one. Seems best to just chuck a few hundred at ones you have faith in being able to excavate when the time comes and just sit back and wait.

>>24373310
I know this is a tad picky, but seeing an AGE up close like that makes me wish they had chose a better font for the date.

>>24371309
If one of us actually got around to making an anime round and peddled it at 100% premium I think some of us would buy it too

>>24373494
i did however make my first purchase this weekend, pic related.

the gook coins are christmas presents but the rest are for me to start off my stackin'

i plan to continue accumulating gold american eagles long-term, but now have an immediate need to get a safe to throw everything in. for some reason, i am leaning towards mechanical locks since i dont trust completely trust the electronic shit. anyone want to shill me either way?

p.s.
1. i want to start stacking silver coineroonies - is sliver eagles the way to go? whos got the deals this weekend and what silver coins would you recommend?
2. anyone see any deals on safes this weekend? where place is a good place to get one, and what criteria should i be using to select an objectively 'good' one?

TIA /pmg/ anons. you guys are wholesome peeps and we're all going to make it.

>>24373561
At least it's not comic sans

>>24372439
FWTDHWAHQUD status-- {hearing about bitcoin from her yoga instructor}

>>24373561
computer-lathed coins will never look as good as hand-lathed ones

>>24373604
Pretty heavy drop for a first purchase, congratulations! I would normally recommend that starting out with 500 and just build in increments from there so as to catch dips when they happen. But if you have the coin to drop like that all the better. And quite patrician taste with the American Eagle

>muh metals

>>24373604
As far as what to stack in terms of silver coins, liquidity is the name of the game. Silver Eagles (you already got a gold) would be a good start as anything government minted is what would be easiest to barter with, or even offload when the moon happens. You want to stack for weight as well, so getting the cheapest options out there would be the best course (I personally like Buffalos and Krugerrands, ASE is also another popular choice). Every now and then treat yourself to something in terms of numismatics as well, to keep it more fun than it already is.

Once again, welcome to the club newfren!

>>24373494
What’s that $2 bill? Is it a note before the Federal Reserve act was passed?

>>24373674
thank you, fren. i went a little heavy handed because of the recent dip you guys pointed out this week. if it keeps dipping into December i'll probably go for a second volley.
>I would normally recommend that starting out with 500
do you mean ~$500 or a monster box of silver coins?

>>24373788
checked, and yes i am probably just gonna go with the american silver eagles. i believe bars vs coins may have the lower premiums, but none are .gov minted so if i want to stack weight, i suppose i can be less selective of the make on bars?

>>24373991
I dont know why everybody gets too obssessed over spot price premium because physical pm is supposed to be a long term hold. A 1-5 dollar premium over spot isnt going to mean fuck all in the long term same with gold and a +-100 dollar premium. It doesnt mean fuck all at the end of the day. Just get it as close to spot and buy it and a good dip.

>>24355933
Who’s baking?

>>24373991
I meant $500. It's enough to get some decent rounds and a nice sized bag of of some 90% and from there just throw in a few hundred at a time. It's all relative to your budget of course, so that's definitely something that can scale, unlike crypto xD

But seriously. Looking at your order you got good amount of silver to start out with, typically the normal amount. The fact you were a me to go big on the gold on the initial purchase is better than a lot of people can do, so hats off to you for that! Over time, gold is more or less the store of value. If you ever wanted to offload your stack (most personally don't, only would in a crisis), silver definitely moves the quickest and easiest.

>>24374188
*Able to go big

>>24373983
That's a $2 Treasury Note. It's like a Federal Reserve Note, but it was created by the Treasury and isn't based on debt.

>>24374038
in the long run, sure that's a negligable thing when you're getting physical PM delivered, but a lower premium means you could have had one (or a few) more units of whatever you're buying that would appreciate the same over that duration for the same basis amount.

>>24373983
i dont see any mention of the (((fed))) anywhere on those notes, but they were printed after inception of the (((fed))) in 1913.

>>24374188
checked with those 88's again. i am rotating from (((stonks))) - I have no confidence in this clown market atm and feel the rug pull coming probably in next mar-apr when people cash out their 'rona bargains after vesting into long-term cap gains.

>>24374106
not me, im the newest fag here with the shortest stack until my delivery comes in. im stoked for my first delivery but someone with more experience pls bake the next bread.

>>24373595
this is an investing board

>>24374317
>not me, im the newest fag here
Well I can tell by the way you reddit space your posts, but otherwise welcome to the yacht fren

I have .75 BTC, strongly considering buying silver with about half of it. I’ve never had any before but I’m looking around at society heading for the shitter and I’m skeptical that people during a collapse are gonna want to use internet money. Where should I buy it from?

>>24374830
look at the OP moron. those are all legit sites to buy from

>>24374976
Oh sorry. Total newfag retard, I scrolled past