/biz/ - Business & Finance

>>24458131
First for absolutely nothing

>>24458131
I LOVE MY GOLD&SILVER SHALOM FRIENDS NO MATTER THE PRICE AN OZ OF GOLD WILL ALWAYS BE AN OZ OF GOLD - RARE - SHINY - NICE

xth for waifu

>>24458131
AnCap bro’s I don’t feel too good..,

Bought the dip:
Tube of satanic owls
2021 Somalia elephant
2017 Kookaburra
2020 Bear Bull coin
2007 Britannia
2020 Noah's ark

First for Bayhorse 2021 moon mission

>>24458243
We need something to oppose the socialist takeover of our institutions, and it sure as fuck isn't going to be the lolbertarian NPCs or the cuckservatives.

I was a cheesemaker. I made fucking cheese. But now I'm a soldier thrown into some Chinese Cultural Revolution remake god it's awful.

>>24458131
I didn’t buy the dip because I thought it would go down further. I’m killing myself later today

Is this a childhood photo of Vitalik Buterin?

>>24458411
How could you miss out on the sales all weekend? I was looking at all the dealers for special deals and snagged some ounces at spot. I went a little overboard but I am good for awhile.

>>24458411
bro, there's always another dip

>>24458229
Hawt dark elf, but she needs to hold some silver instead of a mushroom
>>24458341
I'm happy for you guys who stayed in. I'll be watching and cheering on for you guys. Won't be entering a position again though.
Also pic related is wishful thinking no matter what
>>24458411
Let this be a lesson for you, you cannot time dips perfectly. Buy when the chart looks inviting or oversold, or just average in

>>24458131
So from now on we're just going have alternating days of smugness and pink wojaks for pmfags and cryptofags respectively?

>>24458674
except /pmg/ is forever comfy

>>24458674
Yes

https://www.cnn.com/2020/12/01/investing/nasdaq-rule-board-of-directors-diversity/index.html
>>The rule, which needs the approval of the Securities and Exchange Commission to take effect, would require companies to have at least two diverse directors, including one woman and one member of an "underrepresented" minority group, including Black people, Latinos or members of the LGBTQ+ community. Smaller companies and foreign companies on the exchange could comply with two woman directors.
The clock is ticking anons.

>>24458131
https://youtu.be/ZzZZNVDGvPk
Yankee Stacking is the biggest fraud in the YouTube stacking community. Thank GOD I didn’t listen to him when he was saying
>BUY SILVER AT $30 THIS IS YOUR LAST CHANCE
Then a month later it crashed down to $21. If you do not want to be financially ruined I suggest you avoid his videos at all costs

where are my chads at liftoff incoming

>>24459132
fellow PureGold Chad up 10%+ today, production soon!

Its December 2025. What are the spot prices for gold and silver?

>>24459094
Silver is loaded with grifters who latch on to Peter Schiff, Libertarianism and Austrian Economics and just spout hopium. Most of these people ONLY have PMs and have no trading/investment experience outside of ZeroHedge articles.

uhhhhh guys???

>>24459428
Depends on if the USD and other fiat currencies still exist at that time.

DELIVERY DAY
Received 4 more Maples and a 100g Valcambi bar today!
The 19oz stacklette levels up to 26oz!

>>24459132
>>24459195
PGM will be doing swell. Easy $3 when they begin production and possible $4-6 depending on those underground drilling results afterwards

>>24459428
2025 will be the crash after the great bull. 2500 gold 50 silver

>>24458314
somalian elephant is awesome, i'd buy one if the other side didn't look like shit

>>24458613
i'm minus 250 or so on it, but i am holding until silver price goes up. If the they get their asses in gear then all the better

>>24459549
Lmao. I think the trading algorithms just had a stroke

>>24459094
didn't watch the whole video, but to be honest, it is refreshing to see somebody just admit they were wrong.

Loads of people make predictions then 'modify' their predictions with "new information" (not much of a prediction then). Dilbert man scott adams is infamous for this since he builds his brand on being 'right'

You guys did back up the truck at 22, right?

>>24459924
no, i have spent too much on PM already and have real life expenses coming up soon. Got a gold coin over black friday, though.

>>24459924
No, I've been DCA over the months instead.

>>24458131
I want to buy bullion, do you guys think it is better to start out with these like novelty gold coins or should i just buy stamped grams of gold bullion

>>24459836
>Dilbert man scott adams is infamous for this since he builds his brand on being 'right'
Fuck Dilbert, this post was made by B.C. gang

>>24459618
agree bro, I was tired when I watched this vid but I think the CEO said 1st year production was expected to be 2.1 Billion

https://www.youtube.com/watch?v=UUU5G40dSQA

>>24459512
I don’t watch many silver channels but of the few that I do watch Yankee is the only 100% dedicated grifter, he shills his Patreon, PayPal wallet, and get this, he sells his fucking financial “advice” to people. Nobody does that except for him. He does videos on topics vaguely related to PM’s then always ends them by shilling the aforementioned above to get more shekels. Guy is a joke

>>24459924
>mfw I placed 2 orders at the end of last week

regarding bitcoin:
what the fuck happened with mainstream news sources? even as recently as 2 years ago they ridiculed and lambasted bitcoin as being a complete joke and you were a fucking IDIOT for wasting money on it. The past week , bloomberg and other money sites are basically advertising bitcoin as a safe store of wealth/value. Also, how much truth is there to institutional money leaving gold and entering bitcoin? I think it's a complete fabrication. People who are into bitcoin understand that there is a boom/bust cycle every time bitcoin undergoes it's "halving" event. This bull run-up was in the works for a while. Every time the price has ended up higher than before each halving event, and it just so happens that this halving event bull run has coincided with a precious metals correction as they cool off from their July/august bull run (stemming from corona panic). Then journalists take these two completely different commodities and the motivations/reasons behind the behavior of their prices and marry them together with a story they just pulled out of their asses: people are leaving gold and flocking to bitcoin. Why would they do this when they've all hated bitcoin with a passion for almost the entire decade it has existed?

What are the best mining indexes again? Are there different ones for small, medium, large cap miners?
Have a couple juniors but i want some broad exposure

>>24460389
Majority of news tickers that I get on my mining stocks on TDA is about bitcoin instead. It's getting really fucking annoying.

>>24458131
I’m Irish American, a US Marine and convicted child rapist

>>24458509
Got myself $200 worth on Saturday and sooooooo comfy. Glad I did then, looking nice now!

BUT GUYS, PETER SCHIFF SAID WE’D WIN!

>>24460389
This is why you want to be scared of bitcoin. The institutional investors are looking to shake retail investors down and take their capital. If media is telling you to get in I would be getting the fuck out now.
They want to de legitimize and regulate bitcoin and this is how they are going to do it.

BUT WHAT ABOUT MUH PETER SCHIFF AND THE APOCALYPTIC WORLD WE ARE ABOUT TO ENTER! MUH GOLD! MUH PRECIOUS GOLD

>>24461072
Fuck you.

>>24461072
>>24460929

>>1072 (you)
its actually ridiculous how mis-represented the fud is claiming the apocalypse. No one is saying that.
It wont happen all at once, the US is going to continue to devolve into a third world dystopian shithole, that is what is currently happening. This is a worse place to live than it was 10 years ago, which was worse than 10 years before that, which was worse than 10 before that. Your purchasing power will continue to decrease, your income will continue to be taxed even further to be given to minorities, and your rights will continue to be restricted as the police nanny state tightens its noose around your balls, and no one will care or do anything about it. That is what we mean by the the collapse, the slow dying of a once great nation that has run its course. PMs are one of the best ways to protect yourself, but time is running out you only have about 10 years left max.

>>24460389
>>24460944
These are very good points. Anyone with a room temperature IQ can see there is a lot of money tied up in BTC. There has been institutional money getting in slowly but surely accumulating. Not to mention the shit has been mined to it's bones by the Chinese. Maybe it's the schitzo in me speaking, but the fact that this has all happened and with the incessant shilling of BTC by the MSM leads me to believe that a coordinated dump is going to happen very soon, and it isn't going to be a group of sweaty internet money either: it'll be those institutions, the Chinese (who now can do it guilt free with Biden on the horizon). You take what little money people have left and in no time it'll be time to implement UBI on a population that is growing more unemployed and unpaid by the day thanks to the (((virus))).

I'm just glad I started stacking when I did this year. Definitely wish I'd have been more tuned into the economic circus that's been going on, but better late than never.

centamin stock
Anyone got any DD before I buy? They have cash-rich balance sheet with over $360m

>>24458411
>Small dip = Small buy
Got a roll of mercs and a 1/2 oz to make free shipping.

>>24459924
Yes I made my first purchase this weekend

4oz au
151oz ag
$15 90% junk silver

Feeling pretty comfy, /pmg/. We're all going to make it. Can't wait for delivery

>>24460049
Thanks for the video, I'll watch it when I've the time. I only hold 200 shares but I might have to add another 100 or 200.

>>24461891
Never heard of them before but looking at that chart it seems like something big happened. HALVED in price since September. It looks like it's way oversold and seems to be recovering. Big company too, >2B mcap and >1B shares.

>>24459924
Told the wife I'd stop buying silver after hitting 500oz. Then I bought a kilo bar on a black Friday sale at $2.50/oz over 22 spot. Also some gold, she didn't say anything about gold.
No regrets at all.

>>24460479
GDX and GDXJ are the two big ones. I own both of them and have a substantial amount of money in each.

>>24462504
I know. It's why I'm asking before I splurge. It seems to good to be true.

>>24459924
No, i was trusting rabbibros to manipulate the price downward until dec. deliveries.
Fucking kikes, they can't even be consistent with their scammery.

>>24462114
Congrats man, welcome to the holders

what's the outlook on blue lagoon? i guess they had a big private placement recently

>>24462593
Buy her some jewelry that usually works.

You can get this bracelet for 140 over spot. I’ve seen them as low as $70 over spot if you keep an eye on them. The company that makes them also has a lifetime policy where you can send it in and they will reshape it. I have one and I really like it.

https://www.jmbullion.com/1-oz-smooth-gold-bullion-bracelet/?gclid=CjwKCAiA8Jf-BRB-EiwAWDtEGtw3zR7vaS-yOIYHin7C6NVXIRdjJxcP7HIBd0Z_7C20TYOV8rD-MBoCxY8QAvD_BwE

>>24462686
You should probably dive into their recent news and look at their assets. Definitely seems like something is off there. Barely any comments on ceo.ca either. I wouldn't buy into that without first understanding what the hell is happening

>>24462593
>Told the wife I'd stop buying silver after hitting 500oz. Then I bought a kilo bar
ultra based lmfao

>>24462741
Their drill results at Dome Mountain were what I expected them to find, 25-40gpt Au and 169-200gpt Ag in many places over a good length. Its not bonanza grade gold like at Skeena's Eskay Creek but its still pretty good ore. I have a bunch of samples from there out on one of my placer claims that i ll have to try and retrieve for some photos.

>>24462784
I had seen that as I got my Kilo bar from JMB. Thanks for the tip though, I'll be tucking that away for the next buy if the paper price falls hard enough again to warrant that.

Fortunately she's supportive as she understands how fake the economy and the dollar really are, but she wants to pick up more Bitcoin. I'm not really opposed, but I still have the mentality that if you don't hold it, you don't own it.

>>24462900
i tried to catch the run up but the market beat me to every one of my limit orders and now they corrected hard back to .57 a share so i'm bag holding at .71. Picked some more up today though so hopefully if it goes up a bit i can sell some to average in.

>>24462593
Bought 300 oz at 23.20, felt some butthurt when the price dropped to 22.40 just an hour after I bought.
Now feel totally comfy.

>>24459924
I ordered mine on Friday :^)

>>24463089
Absolutely. Gotta have that long view of the game. Nice job on the big buy my friend. I'm thinking you will continue to not regret that decision as time progresses.

ASAHI IS KILLING IT WITH THESE DESIGNS

>>24462900
>25-40gpt Au + 169-200gpt Ag
>pretty good
Damn Pan Man, have your standards become stiffer or what?

>>24463225
o dont get me wrong its still great ore, I miss being able to wander over that rolling slopes at Dome and onion mountain and seeing that quartz carbonate ore everywhere. I came off wrong with that, I would be happier than shit if I found ore like that. The one thing I want to see from these guys is the antimony count in it. Last time the mine ran, the ore was too heavily penalized by mills due to antimony and cadmium levels exceeding their want rate.

>>24463129
Not the biggest buy of mine, had an opportunity to buy 650 at 17.70 in the Spring (April?).
Unfortunately, when I wanted to buy at 12-13 it was unable to find silver at any dealer. I am not in the US, and in my country the pm market is narrow.
And bought 300 oz more at 24-26, don't remember.
So the total of my stack is 1158 or something like that.
Have a lot of gold, but that seems less interesting.

>>24463351
Oh, I have miscalculated. 1258.

Hey guys, any take on how to gain exposure to platinum besides physical ? Any tips on good platinum miners ?

>>24462504
https://finance.yahoo.com/news/centamin-plc-announces-sukari-operational-062000975.html
I think this might have done it.

i always thought i would be a squidward at my age, turns out i'm a mr. krabs

>>24462114
Welcome to the Hoard!!

>>24462900
Hey Pan Man, sorry for bugging you but how badly would this delay
>>24463456
affect them in this bullrun? Stock might be on the verge of recovery after stagnating for about 2 months.

This delivery put me at 5.16oz AU and 236oz AG.
Silver premium in the UK so high right now and my average is soooo low. Gonna keep stacking gold instead.

>>24463349
Haha, it was just some tongue-in-cheek humour. Of course I knew your reaction was in comparison to Skeena's Eskay Creek.
>Last time the mine ran, the ore was too heavily penalized by mills due to antimony and cadmium levels exceeding their want rate
I'm guessing antimony and cadmium are unwanted impurities. What's stopping Blue Lagoon from building their own mill though?
>>24463456
Hum, could be, I guess. I can't see anything else in the NR's that could clearly point to such a massive dip. They've apparently halted mining since that movement at the waste area due to safety concerns. This is from a second NR after the one you linked:

"As announced on 2 October 2020, movement was detected in a localised area of waste material in the Sukari open pit Stage 4 West wall. The area was identified by the on-site geotechnical team, and early detection enabled a quick response which stabilised the area and therefore safeguarding our workforce and the short to medium term open pit operations. The localised area of instability is immediately above a higher-grade ore zone and mining scheduled for Q4 and into 2021 was immediately deferred until the area has been rehabilitated. A comprehensive geotechnical risk assessment is underway to identify the cause and develop a rehabilitation plan. Initial assessment indicates a combination of steep slope angles and the localised presence of groundwater in the West Wall of the pit as contributing factors."

There's some more info I can't fit in the post but read the full NR here: https://ceo.ca/@accesswire/centamin-plc-announces-q3-2020-report

TL;DR: They have to mine lower grade resources for now until it's safe to mine the primary part of the open pit, it seems

>>24463654
What are the premiums in the UK?
In Russia there is a totally inadequate situation: 40% on 1 oz coins when you buy and even 20% when you sell.

>>24463456
>>24463742
Also I see groundwater being brought up. Bad news. If they let groundwaters get contaminated there'll be hell to pay

>>24463809
A standard 1oz silver britannia will cost £28 from a main dealer.

>>24463946
The same 40%.
And at what price do they buy?

>>24463856
Thanks for the help anon.

>>24464006
Most main dealers here only offer spot price for silver.

>>24463645
>>24463742
Yep there unwanted by smelters because there an extra hassle to remove and safely store on site. If I recall correctly when I worked there Antimony spiked in some samples of the higher grade ore up to 10% which was way over the limit. Blue Lagoon will have to figure out how to deal with that issue if they want to produce concentrates. Also as >>24463856 stated there are also concerns about contamination to local ground water due to lower grade sulfides being improperly stored in piles on surface, as well as from flooded 1930s workings leaching ARD. Its not too big a deal but for sure another hassle for Blue Lagoon to have to pay for.

Defi sphere is expanding fast but still hard to come across worthy platform.
Has anyone taken part in baseprotocol.org? Came across blockchain experts reviews about it,I think it`s interesting. What do you think?

>>24464278
Ah Pan Man that groundwater thing was about another company! >>24463645 and I are now talking about a company called Centamin since he asked about it.

Thanks for answering my question about antimony though!

>>24459428
>Its December 2025. What are the spot prices for gold and silver?

There are no officially set gold or silver prices because the comex is gone, the stock market failed completely, the U.S. is at war with itself, Europe is under siege by Russia, and China is sweeping through the Pacific and Asia.

The price of gold and silver is set by your neighbors based on what goods and services you are trying to buy from them.

>>24464364
yep realized that after i typed that, but it also holds true for Blue Lagoon unfortunately. This is what happens when I read 4 things at once.

>>24464385
Well it's good to know whenever I decide to look at Blue Lagoon anyways.
>This is what happens when I read 4 things at once
The curse of being relied upon lol

>>24464373
>Europe is under siege by Russia, and China is sweeping through the Pacific and Asia.
This sounds pretty based though

>>24464409
well if you look at blue lagoon right now, they're quite a ways away from their high just a few weeks ago. could be a good time to buy a few shares

>>24464475
Thanks for the info anon. I've quite a backlog of companies to go through though and there are many others that also seem undervalued or oversold right now just judging by the price action.

Defi sphere is expanding fast but still hard to come across worthy platform.
Has anyone taken part in baseprotocol.org? Came across blockchain experts reviews about it,I think it`s interesting. What do you think?

>>24458479
comfy battlestation

>>24458341
Fucking LOL at the retards here that panic sold. You're all a bunch of pump chasing bitches. No better than crypto cucks.

>>24461529
Booba coins!

>>24464666
I'll take the bait just so I can check you, Satan.
I sold because they weren't producing results and because grass was greener elsewhere. Do I regret it? No. But I hope that everybody still invested in BHS will get good gains, they've some good exploration assets and they might be able to get their silver mine to produce in a steady manner after all. Remains to be seen.

>>24459924
I bought $6k worth on Monday, due to the cyber Monday sales, but it looks like I timed the dip right as well which is nice.

Shanti shanti everyone. It's all going to be okay.

>>24464906
>>24459924
no. I didnt buy the the dip.
pls no bully

>>24464959
Just buy when you can, even if it's small. Every oz will count.

>>24458131
>it’s going back down again
Negative silver by January 2021

>>24465153
yeah I'm trying to stockpile some folding green right now for other things.
but I could still buy like 10 ozs per month slow and steady

>>24465185
I would hollow the backyard just to get room to store it.

>>24465185
Getting some stimulus talk bump. But looks like it's less than a trillion so it's nothing. We'll see modes gains for a bit, but we'll be back to pink wojacks before too long.

>>24463193
based japs

>>24463193
I liked the other ones better.

Old pic but wanted to show off these sweet bars, took 2 months to wait for after I received a broken empty box from my jmbullion. They made it right though.

>>24463193
Cyber Eagles now?
breddy gud

>>24465298
I really hope Trump shoots down a stimulus bill, one massive middle finger to the niggers and riggers AND we get cheapies

>>24459994
Get something with low premiums

>>24465384
based hopes

>>24459582
Those beatiful valcambi bars

>>24465358
These rounds are amazing but the cyber eagles have that minimalist aesthetic , can't compare

>>24464958
I see a cup forming. Do we really need to draw down that much more before we get a handle?

>>24463409
Sibanye Stillwater. That is the only platinum miner that I own. It has more than doubled in price since I bought it so I’m very happy. Considering there is currently a big platinum supply crunch I think there is some pretty good upside in the platinum price and that should be reflected in the stock soon.

>>24459582
Nice anon.

I bought 400oz silver in the march dip. 1kg bars. Am I gonna make it? I'm thinking of buying more, but crypto is currently outperforming gold and silver by a lot.

>>24458550
What's great about Agnico is all their properties are in safe jurisdictions.

>>24458341
That's good news but market is still extremely disappointed in BHS

>>24462900
Pan Man did you see this drill core?
https://www.instagram.com/p/CIQWXOkFOmA/?igshid=19piot0o5ph2y

>>24465592

Check out Valore metals. It's on my buy list.

https://twitter.com/DiscoveryExpl/status/1333935122534449153

>>24465670
Why would you buy crypto at the high?

>>24465690
90,700gpt...... holy shit! Windfall just keeps on giving, I ve been watching this project for a year but its one I ve not personally worked on or know much about the trends there. Thats the best core sample I ve ever seen.

>>24465796
who says its at the high? Could as well just be starting another bullrun to 100k.

>>24465996
>Buy high, sell low

>>24465362
those 100 oz are solid

>>24466035
The motto of /biz/

>>24462114
That's a huge first order, I think you got in at a good price point

>>24462593
Lmao, don't lie to yourself or wife, you'll never stop. Us Dragon hoarders have a sickness

I'm the anon who sold Bitcoin to buy $15,000 worth of 5 oz ATB coins from the US Mint when they were selling below spot. Spot was over $30. I'm not even mad. I just feel numb.

>>24466266
You got the atb? Can you show stack? What was btc at when you sold? Missing out on more btc gains does suck but the silver is still silver and the price will go back up. It might take till the next administration gets rolling though

>>24466266
the price of gold and silver only matter when you are buying or selling. if you have 5 oz of gold and the price goes down, you havnt lost anything unless you sell it

>>24464450
It may start off based when they are purging the progressives and degenerates but then they will institute their form of government over their new territorial holdings, and then it won't be fun anymore.

>>24465996
Gold and silver have always been money. Crypto is 100% gambling.

>>24466266
I'm sorry you did not perfectly optimize. If it helps I'll tell you my stupid move, instead of buying bitcoin at 800€ I got 10k€ silver instead (and a few bitcoins)
Viewed from that perspective I lost 300€ or something. I'm fine with it though.
Well, I'll add one more, I had 3$ x1000 bitcoin back in 2010 that did not keep :D (Reasons are a bit complicated but it was calculating electricity:mining costs etc)

>>24458131
Why does Rhodium never trade on the spot market? It remains stagnant for weeks at a time

>>24465690
That is an orgasmic gold core sample. Even CCW's silver cores pale in comparison. Never thought I'd see something like that

>>24465690
Imagine having columns of these for your house.

>>24466266
Bitcoin could have just as easily dropped to 1k. You can hold your investment and the fundamentals of silver hold up so much better than BTC. Strong hands fren strong hands. You are in this for the long haul not the short term. PMs are not a shitcoin, they are a store of value. Your silver represents your purchasing power regardless of economic turbulence. Take comfort in your purchase instead of regretting it.

>>24466632
I never thought i would ever see a modern ore sample of that grade. Ore like that in most places if it was close to the surface was worked out a century ago, heck not even Barkerville's Cariboo Gold Quartz or Bralorne mines in the Bridge River District ever got that high a grade. The only place I can think of with similar insane ore was the I.X.L property on OK Mountain near Rossland BC.

>>24466678
i am sure corporate will want some special cores taken of the best vein for coasters in the corporate lounge. BGM did that recently with some of their fabulous core.

Any First Majestic bros awake? Recent insider buying, great to see!!

>>24467029
>>24467060
Might as well sell it off to a rich arab oil sheikh for a couple of hundred thousand lol

>>24467171
Did that tax situation get resolved yet?

>>24467171
I have 350 shares of AG

>>24467251
that ores worth more as treasure than smelted down into bullion, seeing free mill gold like that on that scale is insanely rare now outside australia and i would be choked if they just dumped it all down the ball mill. They should do like the Beta Hunt Mine in Australia did with their massive gold ore find, sell off blocks to gem makers.

>>24467171

Shorts will be forced to cover when silver takes off. AG is a coiled spring that will outperform other producers soon.

>>24467171
Nice, I have 300 shares. One of my few green miners atm

>>24466266
You can get more then you paid for them if you look at sold ebay listings. Since the mint is out of stock the price of them has gone up slightly. The numismatic factor alone is keeping you afloat, something bitcoin will never have.

>>24467310
Ah didn't think of that! Brings to mind those cool polished medallion-shaped quartz-hosted gold stones you posted a while back. Now I'm just imagining those but in black 'n' yellow

>Come home from thanksgiving trip
>Update excel with new gold and silver from LCSs from along the way
Feels good

>>24467298
Not yet, but when a Director (Ana Magdalena Lopez) drops over $150k on stock this week I'll be looking to add more

>>24467322
When did you get in? I'm still down like 50 bucks on them

>>24467576
>human resources
>gender neutral
I, I'm not sure if this is something to be excited about.

>>24467435
Funny how you redraw your line to the next bump up after the first instance of it failed

>>24467576
>our board is now gender neutral
>new director is human resources pencil pusher

Welp

>>24467709
Are the miners operating the equipment gender neutral too?

>>24467819
no the equipment is gender neutral

>>24467743
He's not Crescat Capital but I thought the same thing . The chart needs some time before we can call a breakout.

>Dollar hits new low overnight
>gold and silver down
>OMG guys this must be the "asians" dumping metal! nothing to see here

>>24467435
>>24467743
>>24467850
Still, why not just use GSR ratio for comparing silver vs gold? If I remember correctly that silver ETF was heavy on First Majestic for example so it's skewed towards it. Plus there might be some stinker stocks included in the ETFs too. Better just follow the movements of the commodities themselves and invest in good companies imho

>>24467910
It's just a normal retrace dude. Nothing goes up in a straight line.

>>24467488
Checked

>>24465690
>drill core
very cool, has anyone here bought Osisko Mining? don't remember much discussion

>>24467963
Crescat Capital is in activist investor mode for mining stocks. They're shilling for silver juniors which are historically undervalued vs the metal or vs the gdxj. I had to read the chart a few times but I think they're saying we're seeing an end to the underperformance and a reversal towards the mean. Some of their picks right now are Defiance silver Strikepoint Gold

The DXY could go to 81, and we’d still be crabbing.

>>24468214
I hold Osisko Royalties but i am biased because i am getting ready to work for them so i ll as non bias as i can be.

>>24459582
Valcambi is the most based manufacturer.

>>24467850
Yeah I didn't mean it at anon, but at the source of the image. Yes there should be a target price to confirm breakout indeed.

>>24468106
Speaking of retrace I've been thinking about how overcomplicated all the TA I've been seeing is. Here's something we all can see about gold's very classic 3 steps forward 1 step back pattern during bull markets. I left out the crash of course as all charts turned into that exact pattern before reverting.

>>24462709
Nice canoes

>>24458131
My urethra is on fire

>>24468343
And our previous bull market as well

Spasibo Russiabro! Very generous with the free goodies!

Stack update... I’m probably going to order 30 more ASE or maybe some more mercs soon

>>24468638
Fuck all that noise. Long term Ema's are literally the only relevant TA

>>24468638
50/200 EMA/SMA and a volume indicator are all that mattters. Everything else is just overly complicated (and error prone) versions of those two.

>>24468649
Pretty cool stuff

Why are you guys so against PM related stocks? They're basically free money.

>>24468649
Why does the bottom one look so fucked up

>>24465670
Just keep in mind your cost basis if you buy higher, wouldn't say buying more is a bad idea if you have the money though. Rn I'm stacking steel, brass, and lead and very cash poor otherwise I'd probably buy a couple hundred more oz's

Just found out Sprott bought 176,334 shares of Great Panther in Sept. Once again Pan Man many months ahead of Eric

Guys is it actually possible to make money doing this shit? Im a poorfag got around 3k euro i can burn, or should i not even bother with this amount of money. Also are you able to make profit before you turn fucking 60 or not really?

>>24468649
old Russian and German bullion stack, pretty based

>>24469547
>Why are you guys so against PM related stocks?

Literally who

>>24470101
Not really. Don’t buy if you’re planning to use it before handing it to your children on your death bed. Precious metals are generational wealth.

Forgive me /pmg/, I had to sell some silver today. Boss says she won't likely be able to pay me till march, and even then dunno how much she'll be able to give me of my full salary. Being in the middle of grad school, this whole virus debacle, and my gross over/under qualification for chemistry jobs, I'm in a shit spot. So I sold ten ounces so we can buy a dozen chickens to give us eggs over the winter. Only got 40oz left, so who knows.

What does Yellen potentially becoming Treasury secretary mean for PMs or the economy in general? Has a former head of the fed ever become a treasury secretary?
>>24470504
Know next to nothing about chickens but is buying them in the winter the best idea? Will you be able to make $235 worth of eggs?

>>24470050
What does /pmg/ think of Sprott anyways? Did they get screwed post 2010 or make the right calls?

>>24470682
Depending on breed/age/and other various factors, a hen can lay up to 6 eggs a week. With our current flock of 2yr old hens, and this new flock of younger hens, I could be expecting anywhere from 12 to 18 eggs per week. Going premium for farm fresh eggs is $5 minimum per dozen. Assuming a maximum at 1.5 dozen for 15 weeks gives us 22.5 dozen eggs (at $5 market price) so 112.50USD. Is it breaking even, at that range, no. Over a year, yes and then some.

Plus, it's food for my wife and two kids I can depend on, along with our storage of grain and meat from our ranch. We should survive, just based on food alone. Bills on the other hand, we may see a few collectors come our way, and they may have some missing persons reports shortly therafter (in minecraft, of course).

>>24470504
>eggs
>over the winter
Better be warm or you will be disappointed

>>24470828
based I have six ISA Brown hens. They are so friendly. Sadly they are at my parents and I am stuck trying to find a job in the city. Shit blows desu. Love me chickidies.

>>24470871
We've got heat lamps here. Not our first rodeo with chickens.

>>24470888
I was raised with game roosters, so I've had the meanest birds to the best of pets. Love me chickens, that I do.

>>24470682
They can survive in winter if they have shelter, a good nest, but some proper heating helps too. On average a chicken will produce about 1 egg a day. your average hen will eat about 4 oz of feed. so if there is 12 chickens you would need about 3lbs of feed each day and for the whole year would need about 1,095 lbs of feed. if your chickens egg laying was consistent you'd have about 4,380 eggs for the whole year.
>Cost excluding coop & optional heating
Feed $320-$600 depending on quality
>Egg Price is around $2 or a little below for 12
If you sold at a $1 it be about $365 if you were able to sell at the $2 you'd be at $730
>There are a lot of ways to reduce your feed cost most backyard farmer go for the fermented feed or table scraps. For farmers I know they'll let them roam where cows grazed so that the chickens can spread the manure and eat the bugs that gather there.

>>24467674
I bought 200 shares in September at 9.60 and apparently one share in 2016 for some reason

Daily reminder that gold is better than silver in every way, the only thing silver has on gold is that it's more fun to collect since there are more novelty products

>>24470828
>>24471096
I feel thats what real money like silver is intended for, buying other assets that produce like chickens. It would have been cool if you traded the silver directly for the chickens, but I guess that really depends on the seller.

>>24471742
I think the issue lies in lack of knowledge with PMs and issue with verifying PMs. I feel like Goldbacks are at a snails pace making there way as middle man for that.

>>24458314
Ah, goldsilver.be I see
How are the satanic owls?

The Horsemen are coming.

>>24458550
there's always another dip
until there's not

Seeing some huge spikes rn

>>24470504
>3 months no pay
How

Look at these spikes, look how quick they are.

I've been on /biz/ long enough I know FOMO when i see it.

>>24473106
>NOOOOO i CANT MISS OUT ON THE HOLIDAY SEASON DIPPERINO

Not sure if this is the right place but my grandpa died recently and left me his coin collection, its over 100 gold sovereign coins between 1880's and very early 1900's. I'd never sell them but I'm curious about the value, going by weight alone from the gold I know it's around~$70k. But the some of the coins are very minty and (maybe never circulated). Apparently his dad used to mine gold and then exchange his gold for coins at the mint.

I'm worried about sending off thousand dollar coins in an envelope to a literally who, what's the best way to get a value?

>>24473212
I suppose you could take one to a coin shop and let them appraise it. Tell them you have others of certain years and see what they tell you. I would be worried about even traveling with that many gold coins assuming this isn't a larp

my rocks are not worthless after all?

>>24473212
This site has a PCGS price guide for US and Chinese coins. Maybe try to dig up a price guide for British Sovereigns?
https://www.pcgs.com/prices/us

You won't know exactly how each coin would "score", but you can get a ballpark idea

>>24468233
>Defiance silver
Looking at the chart it feel like buying the top if we purchase now

Just traded half my remaining bitcoin for 200 ounces of silver. I was all bitcoin since 2014 now I diversified cuz honestly I think bitcoin is going nowhere long term. Kept some in case I’m wrong.
>1/4 btc
>1/4 xrp
>1/4 eth
>1/4 silver
This is my new stack. About $8k worth of each. What do you think guys, is this oldfag gonna be able to retire in 10 years or will I die penniless and alone?

>>24473212
research all you can about numismatic sovereigns, find out the low mintage numbers depending on year and where it was minted. For all the rare ones get them professionally graded and slabbed

>>24470504
the jew fears the indoor chicken farmer

>>24473906
Air conditioned chicken farmer

>>24473730
You did well, but you are still in pmg so I don't think many here find your current position anywhere near good. My honest advice (not investment advice) would be to lower the shitcoin exposure. Buy maybe an ounce of gold and add some miners for higher gains and leverage to pm prices. If you want to leave some crypto exposure for gamble, then leave it but it should be something like 1/4 crypto, 3/4 pms and stocks if you consider yourself investor and not gambler.

>>24473730
he thought he’d be able to retire off METALS in 10 years. Lol the absolute fkn state

>>24463089
Feel lucky be me and buy 155oz at 23.90ish, and 45oz more at 25+ plus premiums, not to mention 33oz in a metal pool account i bough around 24.40,next 3 years will pay me back though i hope

Hey, some cunt is shilling PMs on /pol: >>>/pol/294289569

>>24473212
Postem

>>24473212
Buy a copy of the Marsh Sovereign book. Its the most comprehensive source. Then start cataloging all coins by market value. Any coins that are rare, have them conserved and slabbed by NGC/PCGS. This will all be a ton of fun to do. And most importantly take pics.

>>24470504
>Boss says she won't likely be able to pay me
does she realize there are "other ways" she could pay you?

>>24468763
>no anime waifu action figure guarding your stack
ngmi fren

>>24468201
the new OC is getting serious

>>24474148
>if you consider yourself investor and not gambler.
No, I consider myself a gambler. I’ve been in a shitty financial situation literally my whole life. Part circumstance, part being an impulsive retard. I am just hoping to throw a hail mary pass and have financial freedom. But if that doesn’t happen, that’s ok, I’m happy to live out whatever God’s plan is.

I have some silver porn for a new thread frens

>>24474164
Ya but in 2012 my government didn’t quintuple the amount of money printed so it could pay everyone to jerk off at home for a whole year

>>24459132
If you like PureGold, you should look at GoWest Gold ($GWA), another Canadian producer.

PureGold has big names on the team and an exceptional track record but the smart money bought way before the pump.

GoWest is set to start production to 50k oz/year and ramp up to 100k, similar to $PGM, but marketcap is now only $33 million.

Their management has fucked up in the past and working with a Chinese company for offtake of the concentrate so investors have been weary, but once news release comes out this month that they've starting moving the ore all will be forgiven and price will explode.

Investors also weary because its refractory gold but they have some of the best numbers in the game.

>gold isn't actually going up, just the USD is collapsing right now

I have mixed feelings about this

>>24474696
I can second Gowest. If they can ramp up to production in schedule they'll be a great producer/developer. However they're aggressively leveraged so mistakes cannot be tolerated

crash incoming lads

>>24475433
Nothing ever happens.

>>24466555
Holy shit, checked.

Rhodium? Hardly hear of it or any of its uses, so I'd imagine that would be your answer.

>>24475433
Yep, the closer greed gets to 100, the closer we get to everyone already being in the pool. Market starts running out of new buyers/greater fools and the smart money sells to the dumb money at the top.

I’m starting to doubt we’re going to see a stock/bond market crash anytime soon. My gut feeling is the system can continue limping along for a few more years at least, despite everything going on.

>>24475962
And that would be good, Im not done stacking.

https://www.fxstreet.com/news/dollar-index-violates-9-year-ascending-trendline-hits-32-month-low-202012020214
>The greenback is down 0.6% this week despite an uptick in Treasury yields and US inflation expectations.
>despite
Are these people retarded?

>>24470504
You better be asking a premium on that backpay. If I weren't being paid for 3 months, I'd be telling them:
1) I'm not working another second until I see money, and
2) I expect to see a premium on pay when received, or
3) I'll be filing a wage theft claim with my state's labor board.

>>24473212
You know the drill: pics or larp.

>>24474235
What kind of interval is that tard using, seconds? If I see a chart like that, I'm automatically assuming pump-and-dump and want to avoid.

>>24474479
Stupid and pedestalizing. Accepting something even less valuable than USD is a road to deserved destitution.

>>24475962
Of course.

So, are we going to have an 8 AM dump this norn?

>>24476533
*morn

>green on ccw after 3 month
Finally, was dumb to buy at ath but oh well, I'd smile in 5 years anyway. Wondering if I should put 500 in vangold or impact this month, knowing I will buy 500 of the other one next month anyway. Probably going for vangold first since MC is small.

DOMP EET

>>24474593
wow where did you find that ingot, i love old beat up bullion like that.

I'm thinking of selling one of my physical, 100g of gold, to put it into miner. How dumb am I considering I will be raped by taxe on sell.

>>24477224
Does it even need to be said?

>>24477224
>sell gold for intangible pixels on a screen
You’re a fucking idiot for even asking that

>>24477257
I've around 35k in physical but 3k in miner, I feel dumb not going in earlier. I also can only put something like 800-900 a month in miner so don't wanna miss those legs upside.

>>24477326
If you believe in the upcoming bullrun, then 800 to 900 a month is plenty, especially if you go for the penny stock miners. This will also help you to dca instead of fomo.

>>24477383
Hum you're right, thank you anon. It's just seeing everyone with 12-24k portfolio and all those upside leg coming at us, you feel like missing out. I should remind myself the bumarket will last 3+years.

>>24477513
I feel inadequate as well, seeing as how some anons have posted they have well over 100k in miners. We are still in the early-to-middle innings of the bull market, so we have time. But like you, I'm wanting to put more and more into miners that i just dont have.

i actually just coomed to a picture of a piece of metal...

Can someone with some photoshop skills make a pic of Brent Jonson into one of pic rel?

>>24477726
We just have to not forget physical Pm price are going up too. It's easy to see your miner gains but harder for pm. 10k in miner should be enough to reach a million if everything moon and no position goes bust. Miner going x50 with a 10k portfolio and gold at 10k/silver at 300 is enough to reach a million and retire in Asia. 6 month is all I need to reach that goal.

>>24476925
Some guy on fb asked about cost of shipping it to eu from somewhere where's not tax on silver but unfortunatelly it seemed to expensive to bother but hell yes what a mother of all bars to own

CLF BOIS

>>24478789
fuck, you bought $200k in options on robinhood? Why the fuck didn't you use a real broker? RH has garbage execution.
What strike/exp?

>>24478782
hand poured is king.

Some boomer coin store was selling all gold at 8% over spot. Was it a smart idea for me to get fractional? Cuz I got a 1/10 for under $200. Might go back at the end of the year and buy up all of the fractionals and sell it to reddittards.

>>24478610
I see your point but would caution that a million dollars isn’t enough to retire on if you’re a young adult.

>>24478610
>10k in miner should be enough to reach a million if everything moon
>things that will never happen.jpg

>>24478967
Yes but it would let me out of wageslavery which is my main goal in this pm bullmarket. I don't mind needing to invest more in the future, that million will be enough to flourish afterward. Also I don't think life in SE Asia is that costly. Especially since I don't intend to make a family.

>>24479059
10k in miner and 30k in physical, not just miner. I don't believe we can't x50 with penny stock.

>>24478610
>10k in miner should be enough to reach a million if everything moon and no position goes bust.
Might as well put some into a lottery at that probabilities

Ascot Resources coming out with some Core Porn for us.

>>24478870
Anon, he's still up over 220k. He's fine.

>>24478967
lol of course it is, unless you plan to live like a nabob.
Hell, 200K would be enough for me to live my whole life on (with current costs of living, ie ignoring rampant inflation).
Actually inflation is the bubble-burster of our early retirement dreams : no matter if you save a million or 10. In few years it will all be worthless unless invested wisely in others asset classes.

>>24479197
Read>>24479123
I thought I was clear.

>>24479252
They're going to start producing around the same time as Aurcana, right? Or did I misremember?

>>24479350
It's mining, a large portion of juniors will still go bust even in a metals bull market

>>24469716
He said it was found with a metal detector, so presumably it was buried and/or weathered pretty well. It was one of the freebies he sent me, so I'm not complaining.

So peeps, I am starting to think about getting some gold jewelery/assets. I consider at the moment owning a comfy silver bullion stack but I'm shy on gold side. I'm looking the get the best price/weight/purity ratio considering I might not be wearing or actually use the asset and store it for value wise, the purpose would only be a safety in case of bad scenarios (ya you call me paronoid). Why would be the best stuffs to look for? Rings, bracelet, pens, dishes. Again nothing fancy, just plain and "functinonal" if possible.

>>24479394
there waiting on equipment for the mill upgrades right now but they hope to be operating 2021-2022 if everything goes according to plan. First open pit mining at Premier than underground development of the Big Missouri veins and Silver coin. Also they hope to process ore from several other smaller high grade properties nearby.

>>24479589
Nice, thank you Pan Man.

>>24479463
That's why I'm invested in things like Impact silver, active for 14 years. Solid company with penny price are still available like vangold.

Talisker Resources with some fantastic drill results at the past producing Bralorne Property in BC. https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2696-tsx/tsk/88384-talisker-intersects-995-g-t-gold-over-0-5-metres-within-227-55-g-t-gold-over-2-25-metres-at-the-bralorne-gold-project.html

>>24479526
Butt plug.
Could probably get one that weighs 5 ounces, maybe 10 with practice

>>24479676
bit of relivant info as well about Ascot, there looking into the new SAMS system of mining developed by Minrail to operate some parts of the mine where conventional LHDs and other gear would have issues. https://im-mining.com/2020/04/17/ascot-resources-considers-sams-mining-method-releasing-positive-feasibility-study/ this tech could make the project far more efficient but the tech is very new.

>>24480201
I legal way to transport gold in your butt, genius kek

>>24480293
May the Omnissiah bless this new creation. May the machine god give it durability and few errors.

>>24480460
That way youre already prepared for prison when you get caught

>>24478894
if only premium on old bullion were a bit better, so nice

>>24480293
interesting stuff, thanks Pan Man! Do you like Talisker's management?

>>24480524
Never prepared enough bro

Newfag to PMs here. I just started stacking like a month ago and I'm only up to ~60 oz. Ag.
Obviously I'm going to keep stacking, but where and how do you guys trade miners? I did a cursory google search, but didn't turn up anything that looked right.
Is it like crypto where you can trade it yourself, or do you need a broker?

>>24458131
https://open.spotify.com/episode/1L7a436TNOdvuymF16M8JP
fuck joe for taking down youtube links
in minute 30+ hes talking about oil companies and Peter shiff is getting BLOWN THE FUCK OUT
how can people trust him with anything

>>24480823
Stocks have to be traded in a brokerage account. If you're a young newb either buy etfs like gdx/gdxk, sli/silj or dca into mutual funds like schiffs gold fund

After yesterday's pump I thought about picking up some SLV and SLJ since they're back on a small dip. Physical seems to remain untouched from yesterday since that small rally. I'm still thankful I bagged some Saturday, I actually thought I should have waited for $20 or below. Impatience pays off I suppose!

I have some calls on GPL only because I didn't really want to commit to a miner persay. At least have some exposure. What are everyone's thoughts on Barrick, Eldorodo Gold or Impact right now at these prices?

>>24480823

>>24480823
Without proper DD you can lose all your $ by investing in miners. Be smart about it.

Also, buy platinum.

>>24481067
I have 11k total in Barrick and Impact. At $23.80 I think Barrick is a steal and I'll be adding more Impact if it hits $0.69 or $0.70

>>24481383
> Also, buy platinum.
It’s good to have a few ounces of platinum for speculation, but anything beyond that is just wasting money

>>24481383
My interest is piqued in platinum after watching the arcadia stream with Deso last night. But the industrial demanding is falling no? Platinum will always be a store of value (has been since refining was economical; the japs hid a bunch of platinum all over right before US occupation), but it doesn't seem as easy to price as gold and silver.

What caused the pump? shitcoins under performing?

>>24481067
EGO is good. I’ve a bit of GPL myself. Think I spoke to you recently.

>>24481647
200 day moving average

>>24481509
>but anything beyond that is just wasting money
Explain yourself.
>>24481522
>But the industrial demanding is falling no?
Hydrogen fuel cells are increasing in use.

>>24481522
I've always wanted some platinum, but I've been waiting for a big dip in platinum spot that is probably never going to happen.

>>24480531
i know right i would be buying it every chance i got but premiums in my parts on old looking ingots is bonkers.
>>24480591
To be honest i like the property more than the last few companies that have operated there. I was slated to work in at Bralorne in the summer of 2016 when the previous owners before Talisker were incharge of the place. They had me do a training course and everything than fired me before starting my first shift, as well as 20 other people. Turns out management had no clue what they were doing and just winged it as long as they could before corporate caught wind and was forced to clean slate the project. That companies name escapes me right now but Talisker is the new owner / operator and i am hoping they can do better than what the last crew of fuck ups did. The Bralorne and Pioneer Mines produced more gold than the California placer rush of 1849 did over their lifespans, and there is double that in the ground still, but its one of Canada's deepest deposits and its geology is challenging. IF it can be modernized i believe it could be a great mine once more, but it would need the right team to do it.

>>24480905
holy shit man minute 78, it just gets worse
you guys love this guy, yet he doesn't give a fuck about anything except money

>>24481809
Thanks bro, if we see a monster dip I might get a small position, that really sucks when great ground with enormous potential is run by fuck ups

>>24481785
It's low af right now. The premium is never going to fall off.

>>24481785
I don’t see platinum going down much in the next 6 to 12 months. In fact it looks like there’s a supply crunch coming so I could expect platinum to easily rally 20% or 30% next year. I don’t like owning physical platinum because of the premiums and the but/sell spread but there are some good miners out there although they’re all located in South Africa and Russia.

>>24482162
>south african miners
I'm really scared of the political risk. I found some open pit miners trading at net cash OTC, but I find the political situation in SA very worrisome. Has it stabilized recently, or are black Nazis still marching in the streets chanting to take over land and kill whites?

>>24482236
>black Nazis
i think you just mean blacks

>>24482236
i wouldnt personally put money in South Africa until things cool down. A few miners have given up there recently due to gangsters taking over the underground workings next door and tunneling into their own operations over night, stealing everything or just getting in the way. Not worth the energy operating there with conditions like that.

>>24482236
>Black Nazis
The ANC is a Marxist-Leninist party

>>24476147
Same here buddy, need more time.

>>24482342
Marxist-Leninists are international commies irc.
Wouldn't they realistically be at least nazbols? But basing expropriation on race before class would make them nazis more than bolsheviks ya feel

>>24482468
> But basing expropriation on race before class would make them nazis more than bolsheviks ya feel
If you look at the history of Marxism it has always been the goal to genocide the wealth producing middle class, which in most cases is whites. But this is a precious metals thread so it doesn’t really matter

>>24482468
do they even count as a political movement? I was under the impression the leadership just kind of winged it with what ever the poverty mob was crying about at that moment.

>>24482468
Also this sounds like horseshoe theory nonsense

>>24482624
idk my historical political knowledge of SA ends when it started making the rounds on right wing social media a few years ago

>>24482670
Yeah it doesn't matter I'm just saying they seem pretty far from what the bolsheviks' policies were. Seems like if you could buy into a mine run by a black family/director you might not have as much risk

need a new thread, I had to dig to find this one.

>>24482686
I ll see if any of my SA expat buddies have any info on the subject, they usually have better intel than western media has.

>>24482799
would appreciate pan pan. lot of really cheap stuff over there.

>>24481485
I picked up some of that and KL, literally a before the small spike just now. This God rewarding his mining investors
>>24481658
That definitely was, and I'm still keeping your homework in mind about Great Panther. Only reason I got the calls as opposed to getting shares in case anyone holding it gets NAK'd, and the calls were no kidding only a dollar for leaps. If those expire worthless then I'm out some pocket change and will have a better idea how they're trending. If they actually strike, good for me!

>>24482776
yeah i see my posts from yesterday here lel

>>24482319
That place is slowly but surely going to be Rhodesia South isn't it? In all honesty, is this a good time to be getting Krugerrands if worst case scenarios play out there? I've been buying them lately just for the aesthetic (and they're cheap, which is a plus).

>>24482975
>Krugerrands
How do they compare to AGE's?

>>24482975
buying their bullion is good, but buying their miners might not be wise right at this moment. I ve never seen anywhere else where illegal underground mining kicked out the big boys like its happened in SA.

>>24482881
Noice! You just got a better price on Barrick than Sprott

I've been buying ENDR for the past 6 months.

Patience is the name of the game. I'll make sure to make fun of you losers when I make it.

Meanwhile PGX gave me some great gains.

>>24482776
Here you go
>>24483224

>>24483240
thanks!