/biz/ - Business & Finance

first for gold

Post stacks.

We will all retire before 35, fuck everyone else, they could've done the same but went for the 600$ TV and 1000$ Iphone. Don't forget a bit of physical before miners !

what was everyone's projections for year end prices for gold and silver? Where do you think it will be by year end of 2021
2020 projections:
> Silver $21.50 / toz
> Gold $1,700 / toz
2021 projections:
>Silver $28.00 / toz
>Gold $2,150 / toz

>>24801199

>>24801199
Not today, IRS agent

>>24801199
have this old picture of stuff i lost while extreme kayaking down the okeechobee

>>24801722
damn did you lose the gun too?

>>24801671
based

any chance of silver price action before year end?

>>24801722
Seems like you added some trump 2020 slabs since I last saw your picture. Also, is that an additional phill on the far left you added?

>a mysterious package arrives

>>24801743
of course

>>24801752
nah its the same picture ive been using for months. ive added double and maybe even triple, with some gold

>>24801752
the one on far left is a 2015 pegasus i got for spot. found it in a bargain bin. paid alot for the dgse unity round though

Is something going to happen on the comex at the end of the month? Or are we just going to have a bunch of rollovers like every other month?

>>24801151
What is a realisitic price target for the SILJ ETF? I know individual mining stocks can easily 10x but can the ETF? What should I be expecting in terms of price movement for SILJ should metals begin to soar like we think they will

>>24801989
I do not dabble in etfs. It is not my thing when this whole fiasco in the market pops. Especially with LIBOR to SOFOR switch, CLO's, bond rates being manipulated, and ect ect. I have some mining stocks, and hedging for a small 1k point dip in the stock market for congress to do something.

>a wild meme round appears

>>24802090
MURDER HORNET? PEPE GET DOWN!!!

Found Medium article about their Crypto Incubator, seems open, share your opinion about it.

>>24801722
these boating accidents are terrible. people lose all their stacks. Sad! Many such cases!

>>24802115
>not to fear, falcon frens have come to save pepe

What do you guys think of Excellon Resources, Kootenay Silver and Dolly Varden?
Are they good silver plays?

>>24802190
Holy fucking bot, Batman. Get your shit together you filthy pajeet street-poopers. Even /smg/ doesn’t hate crypto as much as /pmg/ does.

>>24802578
We genocided the wrong indians.

>>24801199

>>24801199
Checked
>>24802539
Check the archive, /pmg/ has talked a lot about those before. Alternatively, learn to do some DD and be your own judge -- check the mining pastebin for tips on that. Good luck anon!

>mfw my jew uses XAG/USD for quotes instead of the comex

>>24803118

>>24803173
have you never seen schindlers list?

>>24803245
nope

>>24803245
though seeing how it's about jews and being them being release I can't help but laugh that it won so many awards

>>24803276
not missing much

what got y'all into stacking?

>>24803535

>>24803535
My magpie brain

>>24803535
A guy at my job told me about silver stacking.

>>24803570
I remember watching this 7 years ago, waiting for everything in this cartoon to come true.

>>24803535
Time is a fractal. All fiat currencies have failed. The road to serfdom is paved with monetary interventions. General pinochet is my president. Gold is money everything else is credit.

>>24803640
I'm not implying it's not going to happen, just when is it going to happen.

>>24803535
I've been collecting coins since I was a little kid but I didnt care about bullion and stacking at all, kind of forgot about it for a little while but got back into coin collecting my senior year of hs (last year) and starting learning about stacking for metal content

>>24803535
the fact that you can't buy a tiny appartment without going in debt for 15 years. I'm not asking for a house, but a fucking tiny appartment. If I avoid debt, I need to save around 10 years while eating rice and beans. Something is wrong and I don't trust wanting what's good for me.

>>24803704
tell me about it, I'm looking land as I see it as the safest investment yet obtaining it requires insane amount of debt.

>>24803604
same, im baffled that its still on youtube

https://www.youtube.com/watch?v=IaDt9T7BF38

>>24803666
Impossible to time.

>>24803750
>you start working
>have a bit of money
>wants to make good prep for you future by investing and buying a "home"
>wow 15 years in debt for a "home"
>wew my salary didnt increase for X years
>everything around me go up in price, why is that
>get financial education
>learn about el famoso printing press
>open a history book
>you decide to short the fucking world by stacking gold, silver and miner
The path is a bit different but usually the same for everyone. Just turned 29, I'm going to retire before 35 hopefully and I sure as hell am not guilty of it. Fuck all normies and everyone who invested into/created this system.

>>24803535
Finding a silver dime in change ended up leading me down the stacking rabbithole. I was already heading in that direction as I had incidentally read about the Coinage Act of 1964 a few weeks before then, but finding the dime made me put two and two together.

Going to a LCS for the first time later today.

I want to make some good local relationships but also want to try out some of the others to see who's the best. There's a few others I want to visit but this one is first up and after talking on the phone setting up an appointment they seem like nice ppl, a husband and wife running a small store.

What do you look for in a good LCS? How big of a first purchase should I make? How sensitive and semitic should I be about premiums?

>>24803906
It's not a home specifically. I'm looking at it's open vacant land, either by water or woods areas.

>>24803909
>Finding a silver dime in change ended up leading me down the stacking rabbithole. I was already heading in that direction as I had incidentally read about the Coinage Act of 1964 a few weeks before then, but finding the dime made me put two and two together.
Kino pic fren

I've found six rossie silver dimes and one silver quarter growing up, saved them forever until I started stacking this year

Now they are in bags with the rest of my junk silver

>>24801151
O hay look Surge Coppers having a great time!

>>24803998
Thanks, the dime in that pic is the specific one that got me into stacking. I've found a few silver dimes since, but they're all heavily tarnished.
As a kid I always noticed that it was impossible to find dimes and quarters older than 1965, which I thought was due to a design change until I saw a TV show from the late 50s that showed a man holding a quarter that looked exactly like modern ones. I probably would've never cared to find the answer to this until I accidently found the wikipedia page on the Coinage act of 1964 and even then I was indifferent to the removal of silver until I found that dime.

good news frens, gold miners moon in 2 weeks. it's on twitter so it's true

>>24804269
do you think there's still a lot of half dollars that are silver out there?

>>24804336
I'm sure there are always idiots depositing their grandparents' stacks and collections into the bank so they can consoom the latest product.

>>24804407
I've tried some big banks but none have em so I'm at a loss of where I can find them.

>>24804335
2020-2024 (((estimate)))

>>24804447
Just keep asking your local banks, eventually one will have some. I can't think if much else you can do.

>>24804335
>>24804475
kek, I didn't notice that was for 2021, gold miner moon mission in 2 weeks cancelled

>>24804046
Copper's been on a strong run the past few months just when I was looking to take a fairly large position in BHP. I ended up having to hold my nose and buy up in a much, much smaller position. It's difficult to know what's real: The rising price of copper suggests that there will be strong demand and potentially inflation. However, economic indicators don't look good at all. Makes me wonder if the bubble is starting to spread into things that are hated: energy stocks, financials, mining companies, etc.

Those interested in copper mining companies should take a look at BHP. It is a large, established mining company headquartered in Australia and the stock pays (or paid before the recent 50% run-up) a pretty strong dividend.

>>24804335
He literally just went down the first ones listed on Robinhood lol. Not saying there isn't any truth to it, but still

>>24803535
https://www.youtube.com/watch?v=iFDe5kUUyT0

I just ordered this. Another modern slabbed sov! My birth year too.

>Major gold miners slowly approaching thanksgiving bottom
If we are near bottom and another gold breakout is to be anticipated, shouldn't there be some money flowing in already?

>>24804335
assuming gold/silver do another move like they did this year is 100% a conservative projection?

>>24804335
How is this any different than the cryptocucks who say their shitcoin of choice will be at 1 million any day now

Where’s the best deal on silver right now? I have money for kilos/lbs

Frens,
I bought 3 10 oz silvertowne bars. 2 weigh in at 311.5-311.7 and one weighs in at 312.5 Any cause for concern? Serial numbers are very close to eachother. Acid test was bright red. Any reason to spend the time on a spec gravity test for the centers?

>>24806512
That's not a big enough variance to warrant than in my opinion. 1 ounce coins can have bigger fluctuations than that.

>>24806561
thanks. I checked three 10 oz bars I bought direct from scottsdale and two of them were a few tenths over 312. No concern

>>24806512
Silvertowne are known to have purity issues

>>24804336
There's enough that people get entire boxes and search through them.

Saw a stream yesterday where a proof Ben Franklin, and even a BARBER was found in half dollar rolls.

You just need to be willing to commit to either re-rolling your coins, or finding a machine to count them after you finish.

>>24806612
How bad? it was that or Northwest Territorial bars (lol). Rounds are getting too bulky in tubes

>>24804682
I’ve owned copper miners for a few years. I’m now in a position where I feel like I should start to take a little bit of profit because I’ve almost tripled my money. On the other hand all of this money printing and green new deal talk is super bullish for copper prices. I placed some limit sell orders well above current prices in case we get massive spikes, but any weakness in the copper miners I think should definitely be bought

>>24806682
You could take some profits and reposition into companies that have just begun climbing or ones that have attractive prospects too. Plenty of deals to be found after all

Anyone have a sacrificial gold coin to fondle and drop and clang about?

>>24807112
Isn't that what soverigns are for?

>>24805732
My miners have bleed for a few weeks now at least and it's been UUUU unironically keeping me in crab status. If anything, gold prices (both physical and paper) will pump and UUUU will simultaneously shit itself.

>>24807295
Barrick specifically.

>>24807132
Sovereigns aren’t pure gold though which is needed to absorb the mystical power

>>24807322
You don't want a .999 fondle coin. You want .916 or .900 for wear resistance. Nothing like fondling a good sov.

>>24807295
nigger, UUUU isn't going to shit itself. eat more adderall and stop looking at the charts all god damn day. go do something other than increase your anxiety.

interesting news from the Wingdam placer gold mine near Quesnel BC. Mine Dewatering underway. Cant wait to see the thumb nuggets these guys pull out from bedrock. https://www.northernminer.com/fast-news/dewatering-begins-at-ominecas-wingdam-project-in-bc/1003825955/

>>24807358
The 0.9999 fine coins are tougher than you think. I believe because of the way they are stamped, they are a fair bit harder than poured gold. I have a Canadian Maple Leaf and handling it has not eroded it at all.

>>24806682
Congratulations. I've been watching copper for years now but the economic data all indicated that it shouldn't have taken off as it did these past few months. Until this recent run-up, copper was inexpensive and the well-run copper mining companies were also kind of inexpensive.

>>24806977
That's usually a pretty bad idea if you think that the market is over-extended. If copper crashes back down to $2/lb or so, the crappier copper mining companies typically get hit much harder than the large, established miners. This is true for pretty any mining company. In general, you should only sell off a winner and go into a smaller player in a rising market and if your due diligence indicates that the more junior miner has actually got good sites and good operations management.

Why the FUCK don't they make 1/20th oz gold eagles??? I have 0.95 oz and I need one to finish my fractional stack REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
I know libertads come in 1/20th oz but they're all sold out wtf pmg bros

>>24808131
>That's usually a pretty bad idea if you think that the market is over-extended
The guy I'm replying to is mega bullish. He believes copper will go way up. In a bullish environment taking profits and getting into undervalued companies would be good, no?
>In general, you should only sell off a winner and go into a smaller player in a rising market and if your due diligence indicates that the more junior miner has actually got good sites and good operations management.
Exactly! But when you've a 3x and you want to take profits you don't have to sell everything, you could even just sell 1/3 and keep most of your position too. A lot of options to choose from

>>24808193
cade

>>24808856
nice stack anon, your cat seems chill

>>24807443
>UUUU isn't going to shit itself

Bought 5 July '21 $1.00 strike call options last week when 4U dipped to 2.50, surprisingly good timing. More typical for me, I talked myself out of selling them and my actual shares at open. I suck at trading lol. Got any nice price targets coming up to soothe my butthurt?

I know it's a bit schizo tier, but few days ago i was in a /x/ thread about divination for 2021. And 2 different psychics saw silver mooning pretty damn hard in their vision, among others (grim) things.
Idk what it's worth, probably not much, but it's rare to have 2 dudes have the same vision, especially on a board totally uninterested by 'material' things, there is no one to shill over silver there.
Sadly there wasn't much more details about it, remote viewing / divination is far from an exact science.
But i thought it was worth keeping the /pmg/bros posted about this oddity.

>>24809342
>/x/ thread about divination for 2021. And 2 different psychics saw silver mooning pretty damn hard in their vision, among others (grim) things.

How do I find this thread? If the thread can't be located, what grim things did they see? I've found myself becoming much more open to "schizo" interpretations and viewpoints with everything that's gone on this year. Even been feeling strange spiritual stirrings in my soul or preconscious/subconscious that seem to be calling me to God, something I've never felt before.

For what little it's worth, my silver almost seems to communicate to me when I hold it now. It's hard to explain but it exudes a beautiful, wholesome and comforting energy, it almost brings tears to my eyes sometimes and makes me feel pretty ridiculous, lol.

>>24801199

>>24809697
Timestamp

>>24809691
>For what little it's worth, my silver almost seems to communicate to me when I hold it now. It's hard to explain but it exudes a beautiful, wholesome and comforting energy, it almost brings tears to my eyes sometimes and makes me feel pretty ridiculous, lol.

>>24809091
>Bought 5 July '21 $1.00 strike call
Impressive. Very nice. I hold shares of this in my IRA. I'm not really selling until peak bull, and seeing how we literally just are reversing from a bear market, should be awhile. Just hold onto those, anon. Unironically you should:
1. exercise them in july and buy the shares for a profit
2. sell the premium to someone else (in july).

>>24809342
What else did they predict in the thread?

>>24809342
I rarely go to /x/ but like >>24809691 said, I'm more open minded lately about things. I'd be lying if I said I wasn't feeling quite right this year. A lot of people are feeling the same way, but most of them are choosing to ignore these obvious mental/spiritual clues.

>>24809811
Alright thanks anon my instinct was to hold and exercise but the active traders seem to do well and 4U is volatile lately. Never touched stocks or the markets before late March, I'd be more comfortable in a cave than messing with trading platforms but I knew I'd forever regret not jumping in with cash not destined for bullion. Are there other Uranium stocks you're watching that are still pretty cheap?

I caught this video on Uranium miner investment yesterday, the basic education and also the comments were helpful for a dingus like me.
https://youtu.be/gmjLBAsDBeg

Why is ceo.ca still so bullish on bayhorse? Folks there selling their Klondike silver on the recent pump and putting all their profits into BHS

>>24810558
probably because they still have an operating mine, even with their screw ups that makes them look appealing. Their exploration territory isnt bad either. Its frustrating because Klondike has access to an unimaginable amount of ore, but are so behind the curve compared to others in the Province.

>>24809342
Bullshit, l need a link to the archives to see this shit.

>>24810558
Some of them truly believe in BHS and have been on the ride for years. As for why they've been selling KS, it's because it really pumped for no reason at all and we probably won't be getting any significant news from the company in months. Plus tax loss season is ending and BHS is in a good point of entry if you're bullish of course.

>>24810607
Also price wise they're very oversold, and so long as silver is still in a bull market this stock is a clear leverage+ micro cap.

Also hey pan man have you seen these surface samples from Strikepoint?

https://twitter.com/StrikepointGold/status/1338484708645060609?s=20

https://twitter.com/TaviCosta/status/1338604491927502848?s=20

>>24810799
yes i ve been looking at their channel samples this morning, its pretty good results for just host rock near an ore body. Also i am thrilled with how many samples these guys managed to get as the snow melted this year, they dont have a long exploration season at Willoughby, being its in the middle of a glacier and only thawed out properly this century. Another good year with fast melting snow and i am sure they can get more drilling done out there. Its such a shame the ice hasnt melted more out there already, there have to be billions of dollars in ore hiding just a few hundred feet under the ice and we just cant see it yet.

>>24810913
I'll make sure to use more gas and do my part for global warming. Anything for my climate change portfolio.

>>24811015
MELT DAM YOU! I want whats under that half a Km of last ice age!

>>24809342
wheres the fuckin link or caps

pmg bros, I really hope that we see the great depression collapse that would be caused by adopting honest financing. All of this hyperinflation shit is 10x more psychologically/sociologically toxic. People would be happier barely surving for 3 years working manual labor in the US than they would be if another 30% of the economy gets taken up by corporate bureaucrats and government leeches. Those jobs are more toxic for the people in them than they are for the economy.
And you have no idea how tired I am of real estate and bitcoin "entrepreneurs". I just want it to fucking end already. One of the biggest joys in my life is participating in price discovery. I want it back.

>>24808131
I use a silver liberty dollar as a weight in the bottom of the water dish for my baby chicks. It keeps them from knocking their dish over and I figured it likely helped to keep the water a bit cleaner than if it had no coin in it. It is kinda grimy now though, so i used baking soda and cleaned it.

>>24811546
sorry bud but i think its only going to keep getting worse for a while longer. However try and keep your mind off it, seriously its toxic.

>>24811682
I'm probably just down because I've been a bitch and haven't worked out in the past week. But something is about to happen in the next couple weeks. Every market is in a total lull right now and there is a commodity general on this board now (yeah, we should have just gone all in on copper and lumber). There is a massive amount of pent up everything in people right now. This BS equilibrium we are in won't last much longer unless something changes quickly, and I mean weeks. Everyone is tired of everyone's shit. American conservatives are abandoning Fox News for fucks sake. And yes, I am drinking right now.

>>24810558
Because it's a great fucking buy, especially at this price.

I won't be selling my KS for more though.

>>24812122
>Every market is in a total lull right now and there is a commodity general on this board now
Oh, now it's finally picking up? I remember we tried to keep it up a month or so back but there was no interest back then. Seems like people are waking up for commodities now that /smg/ has been getting hard for iron, nuclear, copper and REEs.

>>24812199
That is the first stage of the crack up. Retard speculators that usually buy negative P/E growth stocks get tempted by fucking oat futures. Either they will get decimated or we will get thrown into tyranny that hasn't been seen in Europe since late Rome. This is the single most anti-commodity board I can think of it and it is more active recently than this board has been. And BTC has been crabbing for weeks.

I think the crash is upon us.

>>24812291
Time will tell I guess. Might be so, or maybe not. No idea how long the status quo (if you can call chaotic times like these that...) can go on. A major depression could occur next week, or we might see printing accelerate even further. Currency could be worth 4/5 of its value next year. Any of these things could happen and I wouldn't even be surprised. That tells a lot about the state of the economy in my opinion.

Glad to see such interest in commodities though. I will personally still focus on precious metals for a few months at least.

I do not own any gold or other precious metals, but I feel a very strong urge to. There's a whole lot of options out there, but consider me someone who can't spend more than $300 on my first precious metal purchase. What do you guys recommend? All in one coin/bar, multiple coins/bars? What do you recommend as a good first purchase to start a stack?

>>24812364
I think were going to keep seeing a slow grinding failure in confidence in the major markets. The general population wont see it until it suddenly hits their main streets. I dont know if its going to be as visibly brutal as the 30s were but its still going to royally suck.

>>24812410
Seems like a viable possibility. The shift to commodities will be pretty big as investors seek something relatively safe. In the medium/long term, precious metals would single themselves out of course and other commodities would begin dumping as production & demand falls. This is the reason why I still focus on gold (and to a lesser extent silver) miners instead of chasing uranium or base metals that much.

>>24812390
>$300
silver eagles bruh

>>24808856
I do this too!

>>24812390
junk silver (pre 1964 coins)

>>24812390
Depends on what you want to have. Do you feel like you need a small gold coin? Gold is a very safe investment. Or do you feel like silver might boom hard? Silver is a little bit more speculative than gold but will be a safe haven too if (or when) a big run for precious metals ends up happening. In the end though, either should be considered a nest egg so to speak, something you wouldn't want to sell the instant you get some gains. They'll be there for you if a hyper-inflation scenario ends up happening, basically.

Personally, I'd like to recommend gold but do note that at such small capital you'll only be able to buy a small gold coin. Now that's not a bad thing by itself, it's just that you have to pay a hefty premium fee for a smaller coin because of jewery. So if you want to have a good "bang for you buck" in the way that a big part of your money doesn't go to the seller's pocket instead of the metal itself, you should buy 1oz silver coins or bars. With silver there's also the added bonus of being able to stack them if you like that sort of thing. Do note that some places have a VAT on silver tough.

No matter whichever you want to buy though, get .999 purity bullion imho.

>>24801151
weighing for purity

>>24812612
I'll be saving up a lot of cash to buy more at a time. Right now I just need to own some gold/silver, and preferably fast.
I like european sovereigns and lady liberties and eagles and stuff. I am disgusted by the plethora of boomer cringe designs that are minted on to some of the silver i've seen

>>24812702
Alright then, get a stack of silver if you need to have some right now I guess, and save up for a 1/4 or 1/2 oz gold coin afterwards maybe? Some people go full silver here though, me included, although lately I've begun thinking that instead of buying 100oz Ag I should've bought 1oz Au and some more silver afterwards, because silver is easier and cheaper to add in small tranches than gold.

another gem

Hey any recommendations on using leverage to profit from inflation? I’m thinking about selling my SPX and opening a call spread on GLD. Is this safe? I was thinking like a 160-180 spread, dated for January 2023. meaning 100% loss if GLD is at or below 160, and about a 2.1x profit if GLD is at or above 180. Is this retarded? I plan to use my Roth IRA.

>JP Morgan Chase & Co upped their VALE price target from $19 to $24.50 in a report issued Monday.
>The brokerage currently has an “overweight” rating on the basic materials company’s stock.
>JPMorgan Chase & Co.‘s price target suggests a potential upside of 49.30% from the stock’s current price.

So what if CLF worth if fucking VALE has 50% upside from here.. $28? $30??

>>24801151
Is it worth it to pay $50 more for a better condition pre-1933 coin? I know Apmex fucks people over by sending shit condition coins even if they pay for BU, does Monument Metals do the same?

>>24813011
Might be better off asking /smg/. We're too boomer to understand complicated instruments over here, save some exceptions.

>>24812410
>>24812446
With the duration of stocks (by that I mean broad market indexes) we cannot see a slow grind in confidence. The incentive to jump out is too strong. Except for the dot com bubble, stocks have never been this expense except for a couple months in '29. And during the dot com bubble, you have to figure that investors saw how high long term rates were and figured how much the fed could cushion the fall. It will be bull city, a slight pull back, a slight rise to just below all time high. We'll sit there for a month or so and then every day futures will start limiting down (assuming we don't go full MMT and Powell doesn't start self dealing in gov bond issuance) every single day. Powell won't do that imo and I don't think that this can last long enough for powell's term to exprire and for dems to take the senate in order to install an MMT fed chair (Jan 2023 would be the earliest possibility).

>>24813011
OP your a tranny, you will never be woman. Drop the MTF transition, and buy Sentinel.

Since we all know inflation is coming. How bad of an idea is buying a luxury item watch/car on finance? I'm just brain storming here but if i apply for a 48 month finance there's a good chance hyperinflation will come at some point and I could either sell a few silver oz's or my wagie pay will skyrocket (in fiat terms) and I could pay the finance agreement off for cents on the dollar in real value. I'm thinking of the guy who who got a mortgage for a farm in Germany and paid it off with one years potato crop during their hyper inflation years. I just don't wanna be a slave to debt for four years but seems like it could work.

>>24813011
I haven't looked in a while, but the premiums on gold options were too extreme when I looked. I opened a meme 20:1 bull call spread on GLD in Aug. Anything closer to the money is to expense imo. Also, don't buy options in your IRA. Better to keep a psychological Chinese wall

I'd like to start putting a part of my salary towards gold and silver. Webshops here sell silver 1kg coins for 828 euro ($1006), but the market price is about 631 euro ($767). A big difference. Is there a rule of thumb which I should apply when buying silver and/or gold? How much % above the market price is usual to go?

Peace dollars

MAY THE EFFORCE BE WITH YOU

Could cornering the market for PMs ever happen again? Which metal would be the easiest to corner currently.

>>24812199
>>24812291
I tried to keep the commodity general afloat. Not sure who was taking all the links, but I was able to scour up some decent agriculture information for investors on the fly. Most of that is physical trading and getting an idea of what you can expect to buy/sell months out. Pretty seasonal. I'm sure if someone is autistic enough they can find some stocks or VERY broad ETF's out there to play in the meantime and sit on them until spring next year.

>>24813257
Try in person, fren. My coin shop is selling second hand silver at ~+1.50/toz right now. which is cheaper than anywhere online in US. The Krauts fuck you guys on bullion VAT, so also figure out some way around that in your locale. If that doesn't work for you, just stack up 100 oz in rounds and put future buys in Kinesis/GoldMoney silver. Don't get fucked on premiums

>>24813293
lol ask jp morgan

>>24813314
but do they actually own over half of all silver? I understand they have major influence on prices, do they actually own the whole silver market?

>>24813350
probably not since no one actually knows how much gold/silver is out there ready to be traded/assayed. But as far as the comex, they own it. The only limit to their influence is foreigners starting arb trades which Americans can't do. Within a month they can hammer/pump at will, but they have to at least allow some float over the medium term.

>>24813236
Don't count on your wage rising.

>>24813314
I live a bit rural but I'll check if there are coin shops near. How is the second hand silver at 1.50/toz if the market price is $23+/toz? Probably a retarded question.

I'll check out Kinesis/GoldMoney and do some more research. Thanks bro.

>>24813222
>>24813279
fuck off Raj
>>24813311
>Not sure who was taking all the links, but I was able to scour up some decent agriculture information for investors on the fly
That'd be me, unless there was somebody else taking them too. You made a nice lengthy post that I saved into a .txt file in its entirety -- you mentioned protein related food as something that flew under the radar completely for example. Still have it saved.
>Most of that is physical trading and getting an idea of what you can expect to buy/sell months out
Trading agri physically? How does that work in practice? Are you a farmer, anon?

Thank you for your contribution by the way, not a lot of people here on /biz/ who know about agri it seems

>>24813425
~+1.50
means around 1.50 per ounce over the spot price. So his "ask price" would be 24.50 if spot is $23.

>>24813424
given the state of my sector it would have to, its rising now even though my country is economically fucked and we have high unemployment. I'm super risk adverse so I doubt I'd ever take out debt for a luxury item though

>>24813424
also, in the event of hyperinflation wages would be forced to rise, If bread goes from 1 usd to 10000 usd and wages don't act somewhat accordingly normies and wage slaves would riot instead of work and (((they))) would be fucked. Given its just bits of paper they print they would just print loads more to maintain some sense of order.

>>24813236
>How bad of an idea is buying a luxury item watch/car
Not a bad idea at all provided you know what you're doing of course. Same applies for any collectibles too. Gold and silver are essentially just easy mode version of collectibles if you think about it that way, no need to have the expertise of understanding the value. Buying physical assets is smart if you know what you're doing, George Gammon (youtube) for example has talked about buying post-2000 good condition pickup trucks and flipping those, and chycho (youtube) has talked about investing in comic books for example
>I'm thinking of the guy who who got a mortgage for a farm in Germany and paid it off with one years potato crop during their hyper inflation years. I just don't wanna be a slave to debt for four years but seems like it could work.
Definitely, get physical assets anon. If it's inflation, anything but cash should do well. And if it's hyper-inflation, physical, tangible assets are the place to be. In the case of deflation physical is also better than stonks because your car or watch or silver coins can never go to zero. Own things anon!

>>24813236
>>24813613
I'll also add that in your potato farm example the farmer had a PRODUCING asset too. This is something that bullion, vintage cars or luxury watches can never do, better take that into account as well!

>>24813613
thanks biz bro, I'm heavy in physical assets atm just under 400 oz and 5 oz so far.

>>24813647
True, my job is pretty secure, in fact the worse things get the better for me, just been promoted while there were job cuts as well so feely coomfy

>>24813689
Not sure if just having a good position at your job is what I'd consider good in a hyper-inflation. Farmers and any other basic needs producers and providers are the ones to profit the most during a hyper-inflation (plus the mega rich of course, they always profit). Because no matter how awful things get, people are going to want to eat and have medicine and electricity. I guess electricians and private company maintenance guys could have it relatively easy in a hyper-inflation too now that I think about it. But employees? Ehh, not so sure honestly.

The rest of the world is selling dollars.
Americucks are buying dollars.
Kek

>>24813779
>inb4 it's actually Powell himself personally pumping USD when market opens over there

>>24813463
Makes total sense, thanks man. I'll start looking around on our eBay as well.

Looking to get into /pmg/.

Ausfag, where do I start? The Perthmint here seems the best place to buy but is it better to buy silver/gold bars or coins?

>>24814129
Start with coins for divisibility then buy bars for compactness

Tether just burned $70 million of tokens at 7:15 eastern. wtf?

>>24814295
What does this mean? I'm crypto-illiterate

we're really just going to crab forever aren't we? all other assets going up, silver has crashed from $29

Uhhhhh hey guys when is the COMEX default? September right?

>>24814309
Tether is supposed to have $1 for every 1 USDT. They don't. They are essentially just monetizing short term debt, which isn't dollars. Some people think they exponential increase in Tether is most of the reason BTC is so high. They are always increasing supply. Tether decreasing supply by 70 million near ath means someone big cashed out or the ponzi is failing

>>24814366
who knows at this point, it could just keep limping on or drop dead in a day.

>>24814249
Does it matter what coins? There's plenty of different ones available

>>24814387
IDK about aussie taxes. AUD coins/old 90% silver change might be vat free. If I was in australia, I would probably be all in Kangs. they are/were cheap in USA.

>>24814384
Thanks for the explanation. Still don't quite understand everything but the bottom line is clear to me now.

>>24814129
By and large go for whatever has the lowest tax and premium. If you're putting a lot of money into Silver and don't care about divisibility buy large bars and bullion coins and rounds, if you care more about divisibility or simply can't afford as much go more into Junk Silver if you can find it (80% 50 cent pieces as well as predecimal coins) and still get some bullion bars/coins, but not as many.
For Gold buy the most recognizeable coins that come at a low premium, such as Krugs and Sovereigns.

>>24812702
A good first buy is sunshinemint's bullion. They have the security sticker on the back.

>>24803535
I recently declared bankrupt after going through a nasty divorce, and while at walmart I noticed meat had doubled in price almost overnight. I'm 34 and very aware of inflation, but that was some sort of catalyst for me.

215 ounces of silver at this point. also for some reason i left my wallet there, i think as a size comparison.

Any good recession indicators you guys have been keeping a close eye on?

>>24813459
I work in agribusiness. Usually you pick a price and see if product trades at that price. Anything specific of interest?
>Bone meal
>cottonseed meal
>beans/legumes/wheat types
>yellow grease
>white grease
>peanut oil

>>24812911
Tanzanite?

>>24803950
Careful anon. While many lcs are good people there are some real faggits out there

>>24813011
No joke, just buy a ton of GOLD stock. Seriously, it is a good buy. DCA however much money you want to invest into it over the next few months. There is a chance for PMs to skyrocket at any moment, but the safest bet is probably to wait for the US government to start turning on the money hose again. Hell, just DCA for a year or two even.

The benefit of this plan is twofold: Barrick is a good company and the stock ticket spells "gold" so you can smile when you see it in your IRA.

>>24814985
desu my
>>24814384
has me pretty shook right now. Like I said above, everyone is tense right now whether they admit it or not. A sudden decrease in the stated balance sheet of the biggest black box bank (tether) for the first time in a looong time while everything spec is at ath is a veryyyyy big red flag

>>24815485
I'm slowly selling off my TQQQ and UDOW for SILJ in my IRA, personally.

>>24808193
buy a 2 peso coin its roughly 1/20 oz of gold

>>24815382
listing said topaz but its anyone's guess.

>>24801199
Staklet reporting ib

>>24814366
It’s definitely September 2020 just in time for silver fest according to Arcadia Economics

>>24809691
youre just feeling heat transfer form your hand to the silver, its a very conductive metal m8.

how much stimulus for gold to stop shitting the bed?

>>24812291
How do I not be retatded?

>>24814985
Yea actually, I've been watching multiple new sectors go parabolic recently, but not peak euphoria parabolic. It's really got me worrying about the crack up boom style bust happening in Q1 or Q2 next year. I'm going to look for that new normal narrative constantly and keep watching the charts. Something doesn't feel right.

>/pmg/ barely fills half thread limit in 12 hours
>Miners get sold off massively
>Dealers have plenty of physical stock
Yep, i think it's over for us.

>>24816107
pussyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

you wanna hop out of miners the right after m1 goes through the roof to keep mzm stable?

>>24816107
>Miners get sold off massively
Wait, which ones? It's tax loss season, I might want to buy in

>>24816208
>>24816227
I've been loading the hell up this month. Metallic Minerals is on fire sale. Fury is on fire sale. Lots of great prices right now. Can't be buying when these threads are heating up. Gotta be buying when the pink wojaks are choking us out.

>>24812199
>>24812291

Right exactly what I mean. When the retards at /smg/ and wsb are telling me about my silver stocks, or my nuclear and copper stocks and why they're not going to go down, it's a huge sell signal.

Speaking of nuclear, I told you guys I was buying Western Uranium and Vanadium and Goviex a few days ago.

>>24814384
It's no surprise, they can smell the IRS and FBI coming for their ass. They've been warned long enough you can't larp as the digital FED free from consequences for ever. Lately there have been a lot of talks about auditing tether and forbidding all stablecoins on an international level.
Tether higher ups will soon have their arse in jail, so now they pumped their scam back to the top, its the perfect moment for them to reduce their illegal leveraging while partially cashing out (at least their personal wallets) and hiding a chunk of real USD in the bahamas. Once they come out of jail in few years, they will enjoy the fruits of their hard (((labor))).

>>24813350
>but do they actually own over half of all silver?
In investible form? Maybe not 50%, but by far the biggest stack ever in mankind history, at least, they used to back in march. Then when the comex deliveries started because of the fear on markets and everything-crash of march, they had to liquidate their physical position to meet delivery contracts. In 3 delivery months they depleted over 75% of their known stack, from 380M oz down to >100.
A stack acquired in 10 years, sold on the cheap, just to keep the comex alive and not start a silver mania due to a physical shortage. I'd say they must be pretty butthurt, but in reality i believe it's their lil buddies, or even themselves via shell companies, who cashed out physical on a cheap, allowing a part of their stock to go out of the book.

Of course it was in part legit demand to mint investible bullion to meet the demand the LCS faced, but not in such quantities early on, back when it was at the lowest point. I believe it was (((them))) preparing their elite bunker stack.

>>24816254
Yeah I decided against getting any uranium stocks next paycheck, it'd be pure FOMO to get in now
I'll look into Fury and MMG, thanks. What happened in October for Fury? Dilution?

>>24816254
you get it. I've been loading up on GPL, EGO, and some AUNFF myself. Averaging the fuck down, but yes sometimes it seems like it'll never end. I feel like we're at the middle to the end of the shakeout/capitulation with PMs.

We may be triple bottoming in MMG right now within a flag. Great entry right now, and Jeff Clark just bought his last traunche of the stock. I think we breakout and do an upwards consolidation style move like ABRA or breakout and crab sideways until silver finally breaks out. Silver can take its time though, I can wait. This is a great stock for jurisdictional diversification.

>>24816350
You'd definitely be Fomoing, however high Uranium stocks go these next weeks, during the pullback they'll probably touch or go under current prices. Just be patient and know the macro case, then buy the dip.

Auryn had a merger with Eastmain to form Fury Gold, and spun out their south american projects into two companies Sombrero resources with a great copper gold project and tier 1 metals with a silver gold project. I think Eastmain shareholders were bagholding Eastmain for a while so they sold as soon as the merger happened. However it's a great price to pick up Fury now who're launching a massive drill program at Eastmain, and as well hold Homestake Ridge in the Golden Triangle and Committee bay in Nunavut. Management is probably among the best. Ivan Babek, Mike Timmins from Agnico. I mean come on his name is literally Timmins lol

>>24816488
AUN has a funny ass chart. It refuses to be smashed down. There's a lot of buying into any dips. That production re-rate has started. Overall I'm still getting a funny feeling we get one last smash down this month, like a backtest to the 1650's or $19 mark before we break out. Who knows though. Theres a good argument that miners have bottomed, and looking at charts like AUN or ABRA, DEF, PGM, it's hard to disagree. Only thing that has me questioning is that the majors are H and S'ing.

>>24815438
>Careful anon. While many lcs are good people there are some real faggits out there
Yeah I want to find a based LCS owner. This guy was scared of the coof

>>24816718
>MMG for jurisdictional diversification
It's still Canada though? Or do each state have their own quirks

And Fury has properties in multiple countries, if I'm reading it correctly?

>>24816718
I feel the same way. One final test down and then begin the ascent.

>>24816935
yes they have them managed though under different satalite companies

I prefer the aesthetic look of silver over gold. Am I in the minority or do you guys share this view?

>>24817117
Silver: Coins, Dining ware, Tins, Candelabras, Cufflinks
Gold: Bars, Watches, Rings, Necklaces, Sculptures

Is it ok for a man to wear this or am I going to look like a fag/Italian?

>we will never get closer to escaping clown world than this again
I want to FUCKING go back bros

>>24817224
You need to be in shape and tanned to pull it off. Only greaseballs wear that.

If stimulus passes it's gonna priced be in, can't escape.

Post poorfolios, /pmg/

>tfw I FOMO'd into the UUUU meme

Hopefully it goes back up again.

>>24817782
You're not alone, lots of fomo today

>>24817782
I think there will be a serious pullback on uranium. This is a false start from people who think the supercycle is happening. UUUU might have a bit more longevity to it as a domestic source for the US uranium reserve.
I personally am sitting tight. My personal watch list will be: NXE, CCJ, WSTRF, FCUUF
This is a watchlist I will be watching for months, maybe even years.

>>24817782

Australia just had a red day on Uranium. The FOMO guys may get fucked soon lol.

>>24817927
That's a nice watch list.

Also, who else is good for platinum outside of Russia? Sibanye is actually fine really, despite the ANC nationalization meme, but all the same, I'd still like to get one or two other plat miners, what are some good buys?

>>24817978
REEEEEEEE I just wanna break even and see those red numbers go away ;_;

It's funny in a way how bad it is when line go down, even though I am totally new to this shit, and only lost literally like $6. No wonder Wall Street guys are coked up to the max to put up with these up and down feels.

>>24818093
Your portfolio is only like 300 bucks, you should probably stick to physical first

Considering buying VALE LEAPs, was hoping to get some input from /pmg/!
What do you think of Vale?

>>24818256
VALE is a solid catch all miner. Few things to consider:
1. Everything VALE mines is mostly industrial and thus sensitive to the overall trajectory of the economy. Prepare your stomach for serious dips which you will feel moreso with options unless you are doing deep ITM calls.
2. A possible advantage from the above is that nearly every economy in the world tries to get things going with large public works/infrastructure projects. VALE is a major supplier to much of the world which is better IMO to CLF because American politics LOVES to talk about such projects at the start of every presidency but then never do any follow up.
3. Covid related lockdowns shut down some of their properties before and could do it agai. Vaccines and the like will likely reach South America much later than the US and EU.

>>24818359
Thank you for your input!
I agree with your points - I think the global economy will recover (and infrastructure will be the way governments try to kickstart it!)
That's a good point on the vaccines, that other areas/mines will likely receive the vaccine before Vale mine locations

>>24810558
Always trust based small cap anon.

Today I scored some junk silver from classifieds, over 3oz of silver content at $17.50 /oz. How'd I do?

>>24818612
That's an incredible deal, what kind of coins is it?

Can we please reach ~1900/25 this week? I need it to boost morale.

Okay what the FUCK just happened?

>>24818714
What?

>>24818677
pre 67 Canadian half dollars plus one random half crown. Canadian half dollars might be my favourite junk coin (I'm leaf)

>>24818741
>silver up 2%
>gold up $15
What good (bad) news did I miss?

>>24817782
>50$ portfolio
Might as well just buy physical or go all in on a single penny position like Klondike or BHS. As for me :
>Impact Silver - Mexico - 122 MC silver/lead/zinc/copper/gold
>Dolly Varden - Canada - 87 MC gold/silver/copper
-----
>Canada silver cobalt - Canada - 61 MC silver/cobalt/nickel/gold/copper
-----
>Vangold - Mexico - 24 MC gold/silver
>Klondike - Canada - 24 MC - silver/lead/zinc
-----
>Lightbridge Corp - USA - 20 MC - uranium reactor
-----
>Purepoint Uranium - Canada - 18 MC - uranium
>CanAlaska Uranium - Canada - 27 MC - uranium

Biggest position in ipt and vgld, medium dv and ccw, small in ks (isnt in yet, will invest into it around May, its a sacrified position unfortunately for plenty of reasons). Uranium side, small position in ptu and ccvuf (was a bit hesitant about this one, but chart looks good and rick rule invested into it so I'll just go blind on this one), big position in ltbr which is my true bet for this sector.
500 oz silver and 21 gold, can afford to be aggressive for miners. We will all make it bros, fuck normies.

>>24818765
Hey that's a $320 portfolio! Point taken, but I'll add about $100 a week over the next few months. Have to start somewhere after all, and I already have a fair amount of physical, so diversifying into metals doesn't seem like a bad idea to me.

>>24818799
>fair amount
Go on...

Holy crap these MMT people are clinically insane.
https://hiddenforces.io/podcasts/rohan-grey-stable-act-cryptocurrency

>>24818747
Classifieds? Like in the newspaper?

Here's just over 3oz silver content I scored altogether for $17.50/oz today.

I also bought half oz of pure gold for $1010 for no reason in particular

>>24818749
I dunno, dollar has been dropping this month, stocks look like they're entering another correction. In a sane market I'd say we're on the verge of a massive crash but these days nobody knows. The US stimulus will probably disappoint people (no free money in the mail), which could trigger a significant downturn.

>>24801199
Been stacking since june

>>24819271
OOOOOOOOOOOOOOOOOOOOOO

If metals start tracking the DXY down in earnest, we really will be in the money.

https://youtu.be/u196yHvR8K8

>>24809342
i don't know anything about any thread, but people used to see yogis and sages as Gods on Earth.

you ever think about why that might be?

>>24803906
Yep I think this is a great summary. I Graduated from university and started working in my field. Wondered why my salary was absolute dogshit compared to the pricing of housing etc (had to work for 20 years to afford a small apartment in the city). Started educating myself and came to the conclusion that this shit really has to go. The whole world monetary system is a giant ponzi based on infinite growth and ever increasing debt which will implode at some point inevitably and the only way to protect oneself and maintain/increase purchasing power is to stack shiny rocks. Everything else will more or less implode with the debt driven system. No fiat has ever survived and this time wont be different. We are living the end game.

>>24820051
I keep a huge box of world coins just to remind myself that all currency eventually becomes worthless......unless it had silver/gold content.

>>24819014
You did good there! Nice going.

>>24819836
Why do the yogis teach you to clear your mind?

>>24819334
Nice pump indeed. With stimulus coming and the imminent failure of the vaccine, metals could do very well this winter

>>24816933
>Yeah I want to find a based LCS owner. This guy was scared of the coof
lol

we've spent the last six months buying huge collections dirt cheap from people like you that died.

yeah, we're a bit cautious. Stupid faggot, buy our coins and then when you die we get them back at quarter price from your grieving relatives.

>>24820105
That's cool, but coins, even if they contain small amounts of copper are not worthless. Usually what happens if currencies die is that the coinage disappears from circulation since even the small amount of metal outvalues what ever face value is printed on the coin.

>>24820294
My parents amassed a collection when they travelled the world just collecting loose change. I won't sell them, they are still fun to rummage through and my son likes them. Its amazing to see so many fiat variations, all of which suffered a confidence loss. Luckily they had a fair bit of silver in there and also CHF and kronor.

>>24815082
>Usually you pick a price and see if product trades at that price.
How do you go about having business? Do you have to use futures with physical delivery due to the product getting bad or what? Explain how an exchange goes usually in a nutshell, please

Bought my GF a 1 kilo Perth mint Silver bar for christmas.

Just getting into precious metals

>>24820522
Get a coin instead, a full kilo should be reserved for wives

>>24820537

I just think it looks better as a gift.

Better to had her a kilo bar she can unwrap in a box rather than some coins that look like they could have come from her purse

>>24812614
Nice yukari anon.
Bois, I found a way to figure out the eurodollar system in a way we can understand. This understanding comes from this episode https://www.youtube.com/watch?v=fRyG1WUZDVc..
Think about it like memes, and how they are spread to the end user. We have primary dealer banks which is the main websites of 4chan, reddit, ifunny, and ect where you have brokers who deal in meme transactions buying and selling their wears to others. This then allow those brokers of memes to send it to other primary clearing houses like discord, tumbler, and ect where they sell their wears to them. The key as to why it relates is that the brokers can create more copies, and change it which can transform it to other memes like rick roll and ect. This in turn can create a simplified view of the system to see where are the key indicators to look for when we are not participating in it. (Aka, it is like using x ray vision vs thermal and regular vision. You lose some important details like facial movement, but you can see the core idea working). By doing this type of view, we can see use what we already know are the key indicators for the repo market like TED spreads, bond yields, and all to get a cohesive view on the material.

TLDR, MFW 4chan was the best example of the shadow banking system via delivering hot memes to the masses in a cashless way before it was thought about.

For the psychic/divination bros here, of it makes a difference before paradigm shifts or zeitgeist change I would get these weird prophetic dreams within a year or two of those events. Earliest I could remember was after the big housing bubble after 2008. Latest dream occurred before the lockdowns in March and had one a couple months ago before the election.

The dreams vary but I remember seeing a lot of environmental disasters from 2008 into 2009, and the latest one had something to do with nuclear detonations.

>>24821201
Dreams are hella important, especially right now. If you get another one you should write it down and post it here or on /x/

>>24801151
Btc distance from ath, -2%
Gold -15%
Silver -50%

What went so wrong?

>>24801151
So I'm just getting into buying silver bullion. But I'm a legit novice retard with absolutely zero experience regarding precious metals. Long term I also hope to get into gold after I have a few thousand in silver.

I've ranked my priority for buying as follows

>1st: 1oz Silver Eagles (about 25% of my purchases for obvious high demand)
>2nd: 1oz Canadian Silver Maples (20% since they're closer to spot; however less sought after)
>3rd: 2oz-5oz Silver bars (also 20%; I'm already going to have enough smaller denominations via the aforementioned coins; holding mostly for prospective spot value increase primarily as a simple hedge against inflation. Really any bar is fine; buffalo is just cheap and i thought it looked cool)
>4th: British coins and Mexican Libertads (15% purely for diversification)
>5th: 10% commemorative coins and junk that may increase in value due to it's aesthetic rarity
>6th: 5% Goldbacks (easy way to get into gold; plus I think they're just an interesting concept; considering getting some Swiss fractional gold too but they premiums are absurd on some of them)

The remaining 5% will just be discretionary and I can toss it at whatever I want. Maybe just save it to buy fractional gold.

Should I be throwing silver Krugerrands in there? When buying I frequently am finding them as the coin closest to spot consistently but apparently they don't sell back over spot at all? Also thinking about adding Australian stuff into the mix. What do? Am I completely fucking retarded?

>>24821389
You are overcomplicating things. Silber is silber and 1 toz is always 1toz. It is true that you might be able to sell some coins above the spot price but generally that is not to be expected. You don't need to "diversify" your bullion purchases in terms of which coin you buy. Stacking silver is not like selecting stocks. Generally just buy what you can get for the smallest premium.

>>24821389
>Goldbacks
Not worth their price in gold but fun collectibles I suppose. Not really a great investment imho

Also no need to buy so many different coins unless you really just want to have a collection with different kinds of coins

>>24821389
Relax, there's no need to be so autistic about what form your stack is in, remember one of the great things about PMs is that they're totally fungible... silver is silver. Any recognised minted coins are ideal, be it eagles, maples, kugerrands, Britannias, etc. Literally just get what's available and cheapest. Bars are good for big stack gains but you don't want them majority until you get to hundreds of ounces. Don't overlook junk either, there can be good deals. Just be careful with junk... it's a gateway drug into numismatic shit which is a whole other rabbit hole

>>24803535
I consider myself an intelligent person and fiat makes no sense to me.

>>24821389
Seconding everything >>24821452 said. I once wanted a tube of Libertads but the premiums were too ridiculous
Just go for weight

>>24821503
I had a grizzled teacher in middle school that didn't give a fuck
>pulls out a $10 bill, holds it up in front of the class
>"why is this valuable? Why can it buy stuff?"
>10 minutes of answers like
>"because it's money! "
>"because it can buy food!"
>"because the banks say so! "
>he says close but not quite
>finally a lightbulb goes off in my head
>I say "because everyone else values it"
>he said bingo, the only reason you value this is because i value it too!
> with a smirk he then ripped up the bill in a bunch of pieces and threw it up in the air like confetti

No larp this actually happened. Everyone just sat there stunned for a minute, think it went over our heads lol

>>24821389
Just buy silver eagles/maples. When you go to sell you will have a much easier time.

Also his nickname for one kid was fattie. Pretty sure he dipped into the liquor on the job too.

>>24821777
checked, I got mostly eagles, hopefully will get the $2 premium back at sale if silver is mooning

>>24821790
lel. I had a history/social studies teacher like this. He was pretty based. Explained why unregulated immigration is harmful without making it a racialized affair too. Called a cunty administrator a "fat bitch" in front of our class for telling off a slow kid once. Also pretty sure he slipped whiskey into his coca-cola.

>>24803882
Which is why you are diversified with your investment and not all-in on metals.

>>24817224
Only dagos wear those

today could be big lads, really hoping JP Morgan doesn't slam it down, need to get out of this hole and sell off the more expensive shares I bought a few months ago

>>24821945
Miners will keep selling off being useless pieces of shit they are.

>>24821735
The jews fear the dollar ripping teacher

>>24820522
>>24820583
For the same price as a kilo you probably could have got her an 18K gold necklace which she’ll actually wear, I don’t know what the fuck a women would do with a kilo of silver

damn this is bullish. like a coiled spring ready to pop.

>>24821977
slim chance bro, miners are up pre-market, even the horse is going up today

https://twitter.com/JrMiningNetwork/status/1338816460802711553
holy shit, too bad its not on degiro, I wouldve bought it. Meanwhile, klondike silver keep going up for no fucking reason, I hate this shit. Vangold dips is soon over for those wanting to enter/more, the low were last week (50% ATH), it restarted going up now. Seems like the low in silver are almost over, up we gow now.

>>24822062
Aya Gold & Silver Inc. (TSX: AYA) (“Aya” or the “Corporation”) is pleased to report high-grade Ag results from its ongoing drill exploration program at the Zgounder Silver Mine in the Kingdom of Morocco

>Morocco

what's the jurisdictional risk there, didn't even know they mined

>>24822160
Its a stable country. Nothing to do with standard African country where everything goes to shit. You have higher chance of Trudeau fucking you in Canada mine.

>>24822062
not selling my klondike until that place is buzzing like it's the 1890's. It's mooning because anyone who does their homework will realise its probably the single best microcap silver opportunity there is.

thanks again based miner bro.

>>24817224
Eh Jesus aint on the cross anymore, dont know why catholics insist on putting Him back on there.

>>24822193
I wanted to get a position in Febuary waiting for a drop + dolly varden drill result will probably come next month but if silver truly rise, it wont go down so I'll just bite the bullet next month a have a 500$ position. Fuck it. I like the stock but I feel pretty cucked so i'll probably not increase my position at all in the future.

crap, didn't buy yesterday's dip, so many bargains

>>24817927
uranium is definitely seeing a premature pump here and i expect prices to dip down and retail investors to get shaken out before the first true run in this uranium bull market. Consider what we have witnessed now as the 'take off' ending the stealth phase.

>>24822350
Every day is a bargan when gold is sub 5k

>check on my local metal shop after a few months
>1oz Silver Britannia 39 Pounds
>spot price is 18 Pounds
Asked the boss about it, asked why. He said "You know why" and the convo was over. What the fuck is happening?

>>24822433
You know why

>>24822463
Alarming physical shortages...?

>>24822376
This, based. I feel the same about silver sub 100 USD

>>24803570
>>24803604
>>24803776

>their website is flagged as unsafe by google

They hated him because he spoke the truth

>>24821735
Based. You should see our money '£': it says 'I promise to pay the bearer on demand the sum of ten pounds'. Ten pounds of what? Fuck all, it seems.

>>24822433
>He said "You know why" and the convo was over.
does his name end in stein or berg?

>>24803535
Honestly it was the greatest truth never tolds videos on YouTube around 2012. Everything seemed like it was falling apart at that time, with the EU debt crises and the debt ceiling in America

>>24822433
Your local shop is a scammer, stop fudding with shortage meme.

>>24820484
Buy from one party and sell to another down the supply chain. Business can get 30 pigs from farmer and turn around to sell them next day if there’s a buyer. Most business do not use futures as price reference but largest ones do. The physical delivery is still an option. Very large companies use as speculation like a shell game.
>company A says they will produce X tonnes of silver in December.
>company A contracts for “X tonnes” to company B
>company B sells “X tonnes” to company C through comex
>company A folds (raw material price increase, tax increase, export ban, etc.)
>company B still in obligation to company C
>company B now in default and needs to find “X tonnes” of silver at current prices from another supplier or pay restitution.
Usually defaults are well known events so no guarantee company B can cover at same price as initial contract.

Rolling for price and demand collapse, give me cheapies!!

>>24822758
Nah fuck off, I've waited long enough, bring the pumps that will elevate me above the serfs until I control my fiefdom and brap hog breeding farms

>>24821389
Here's my advice. Liquidity and simplicity is what matters. If you live in North America here's what I'd get:
1. American/Canadian bullion coins
2. junk silver US/Canada dollars
3. (Optional for later) Royal Canadian Mint bullion bars or highly popular private mint bars like Scottsdale or Asahi

That's it. That's the most practical, modest way of stacking imo and you'll obviously deviate here and there as time goes on which of course is fine. Everyone likes ASEs & Maples. Everyone likes Morgan dollars. Private buyers or a LCS will give you spot for RCM bars & near it for Scottsdale/Asahi bars. Why store 500 merc dimes when you can store 50 Morgan or Canada dollars?

>>24822236
waiting for things to drop can be a dangerous game. I remember when i bought KS at $0.06, i thought i was buying the top, and more downside was imminent, which is why i didnt go balls deep. it just went on to double from there lol

I've thought about leaving some silver dollars around parks in my city but then I think some immigrant will find it instead of a nice little white kid

>>24801295
im betting on the collapse of the financial system not $2,150 gold u faggot

I need to get some bars and more junk

>>24822881
Whoever finds it will spend it for face value anyways (unless a kike finds it) so your act of charity would just be a huge waste of money

>>24822189
>trusting morrocans
sorry anon ngmi

>>24817927
>supercycle

What supercycle? I thought the economy was in it's death throes and only barely sustained by money printing.

>>24823584
don't have them on my pf, couldnt care less.
>>24822848
yeah i know but its fine. I've big position in vgld and medium in ccw, the speculative side is pretty big already. I wanted 1k5 on KS at first, will settle for 500.

Not sure whether to buy 4 sovereigns or 8 half sovereigns. It is technically more coins after all

>>24823732
Protip: if you're hungry you can cut your pizza into 8 slices instead of 6

>>24823655
Commodities have supercycles. Uranium is losing supply, a lot of it permanently, over the past few years as a result of low prices spurred by Japan's Fukushima reserves (finite) and Kazahastan's large mines.
Nuclear power plants need uranium. There are no substitutes and there is no real paper derivative presence (like Silver and Gold have), This doesn't depend on the fate of nuclear. The plants as is will require this draw. If countries start adopting nuclear into the "green" fold, all the more so.
And economy won't matter either. People will still pay to keep the lights on. That is why utilities are "recession recovery" plays. Because they have captive consumer bases.

>>24822881
rather put them in a fancy box and bury them
the make an arg where the winner finds the box and gets to keep it

>>24806612
>Silvertowne are known to have purity issues

is this true?

>>24801151
thoughts on limited run silver bullion? Pic related. How difficult are they to sell as opposed to other silver?
https://www.apmex.com/product/223755/2020-niue-1-oz-silver-2-pac-man-40th-anniversary-coin

>>24824314
They will sell for spot at most. You can get one if you really like the design but don't expect to recoup the premiums anytime soon.

>>24822433
>He said "You know why" and the convo was over.
oh fuck that guy

>>24824368
ok thank you

>>24824314
CONSOOOOOM

Provided the bottom doesn't fall out of money markets, the next leg up in pms started today

>>24801722
Those Valcambi bars are like 20% over spot aren't they?

>>24824314

>>24822833
I'm actually having a hard time locating Canadian minted buffalo bars; I've only come across some from Silvertowne. Do you know of anywhere good to buy them?

And on that subject; is the reputation for Silvertowne stuff good, bad or what?

>>24821596
>>24821777
>>24821452
Thank you anons

>>24821492
Currently the cheapest I can find is Krugerrands followed by newly minted stuff from Armenia or low qulity high wear Britannias. I kind of want to get into buying junk just because it seems like a way to come across weird shit; but yeah numismacy is something I already flirt with. I used to collect paper bills.


>>24821472
I know the goldbacks are a meme, but they're pretty cool. I wish their concept would catch on. I have some 1 denominations already.

>>24825052
Eyyy I want a 2020 Noah's Ark for symbolism reasons but my LCS just won't bring it in, it's sad

Ahem, mr baker?

>>24824800
not quite that much, i think it was 10% which is pretty standard for plat anyway. i ended up paying 850$ which was spot at the time after a credit card offer of 100$ cash back if such and such spent by this date

Who else having a great week?

First AUN dips last week and fills 45k for me, now AG dips and fills 900!

Feelz good