/biz/ - Business & Finance

Counting 2021 income, 40% of my portfolio will be in Silver, all position will be taken by febuary. What about you guys, are you ready ?

Oh man. I'm selling a bunch of physical(Keeping 150oz of eagles though) to put into miners.

>>24987470
>selling your physical wealth for fucking pixels on a screen
Ngmi

>>24987552
Much greater gains if silver goes meaningfully higher AND he avoid buying stock in companies that are bad. He could use the potential gains to buy back the physical metal he sold to fund his miners purchase.

>>24987408
I am allocating more of my portfolio into silver to catch the transition 20% of that silver portfolio into gold.

>>24987552
Although stocks do rely on the continuation of our current social contracts, they do represent actual ownership of a company. Stocks are not "Pixels on a screen". I am part of owner of all of their tangible equipment, and the stuff in the ground.

Life will not devolve to a bunch of ape bartering, but we WILL see a whole lot of inflation ;)

>>24987608
How much when you take everything in account ? I fear having too little in silver, 60% will be in uranium. Maybe I'm too heavy on that side. Thing is, I kind of missed the real opportunity to go in PM miner, they are already talking about another stimulus here : https://www.zerohedge.com/political/vote-900bn-stimulus-package-soon-today-after-senators-reach-deal-fed-powers
I feel like I'll just be playing catch-up instead of going in uranium where it's still sleeping. PM will probably jetrocket mid january.

>>24987672
>they do represent actual ownership of a company. Stocks are not "Pixels on a screen". I am part of owner of all of their tangible equipment, and the stuff in the ground.
Can you go to the company and exchange your shares for some of their equipment? What about the gold/silver that they extract? Miners are no different than any other stock, a Ponzi scheme wherein you trade your money for something completely intangible. Watch this video below if you don’t believe me
https://youtu.be/Az1dpnC4AxA

>>24987676
I am 80% silver and 20% uranium. My UUUU is already a 1 bagger so I put all my risk on uranium since it should moon, but gov can step in to stop it while having everything on silver since COMEX seems like they have to let the bull loose.

Please sell your gooooold

>>24987956
Turn your parents jewellery and grandfathers coin collection into heroin now! No need to queue.

>>24987956
>>24988019
i always thought this was weird seeing cash for gold ads al lthe time. never cared enough to think about it though. but people literally give away precious metals for a puny amount of fiat

>>24988087
Every Asian Post office has one of these now. I bet they would offer £20 for a sovereign.

>>24987758
How is it a ponzi scheme? The company is based on ACTUAL EARNING. The present value of a stock is it's discounted cashflows.
>Believe me
There' nothing to believe. Take a finance class. The money that is kept is held in Retained earnings on their balance sheets. If I own part of a company, and that company decides to purchase equipment over issuing a dividend then that's GOOD! Because it means the company is trying to grow and will create more cashflows in the future.

I'm not gonna watch your 10 minute video, but the only real case I can see for "Stock market is ponzi scheme!" is stock by backs. Which is fucked, but that is facilitated by the federal reserve, and is really only something you have to worry about with huge blue-chip stocks.

You obviously have no idea what fundamentals are, or how to spot an over valued stock , or anything past your youtube education.

God I hope they make these coins .900 fineness like the historic dollars

>>24987408
>Counting 2021 income,....
The fuckin IRS is going to scalp 25% right off the top of my annual income!

FFFuuuuuccckkk !!!!!!

Fucking fuck and all they do is waste it on corp, bank bailouts, nepotism, cronyism and creating more and more frivolous rules, regulations and more agencies and departments to burden, restrict and punish every fucking move i make everywhere I go

this is exactly why we have so many pink wojaks today. god dammit.

>>24988325
Hey, If you stack silver and gold. As long as you do not sell, they can not tax it.

>>24987956
Always been curious to go and see how little I would get offered with a gold coin.

>>24988264
now this is based. if they don't fuck it up i'm going all in on this. it better not fuckin cost more than an ASE either

>>24988325
Yes indeed, you need to take into account taxes, food, shelter etc. That's also why I invested only 40% on silver. If I had to cash out of silver and transfer it towards gold or something like >>24987608 I would be taxed to hell. Buy&hold is the best strategy for me, PM will moon by march 2021 so I missed the perfect entry. Uranium 60% & Silver 40% feel like the perfect ratio for me. Maybe I'm wrong, who know, I've read nothing will beat uranium in a buy&hold strategy.

>>24988164
>The present value of a stock is it's discounted cashflows.
Then why does Tesla stock keep going up as the actual revenue of the company keeps on plummeting?
>If I own part of a company, and that company decides to purchase equipment over issuing a dividend then that’s GOOD!
Are you mentally ill? How is a company not paying its shareholders a single dime good? And just because they’re reinvesting money back into the company instead doesn’t mean the value of your shares will go up, as demonstrated with Tesla and many other stocks net revenue and stock price have a correlation of zero.
>I’m not gonna watch your 10 minute video
Why? Are you scared of seeing an opposing viewpoint? If you sent me a 10 minute video explaining why the stock market IS NOT a Ponzi scheme then I would watch it

>>24988428
Lol you pick the most overvalued stock. YES TESLA IS A BUBBLE! TESLA DOES NOT REPRESENT ITS FUNDAMENTALS.

If you use classic indicators, such as PE(Price/Earning) or EPS(Earning/share) then it's obvious that Tesla is overvalued. How about you try and dissect First Majestic. How is First Majestic silver a ponzi scheme?

>>24988411
Same. I want to click buy on all of those morgans.
>>24988413
I hold 5% of the 80% of my silver part of my portfolio as mining stocks. I have the rest in physical and the 20% is in uranium. I am with you with uranium shooting off like fireworks.
>>24988509
Mention tesla charts my dude.

>>24988428
Its not an opposing view point. You're some sperg that's just regurgitating what you heard online.

Yes,Tesla is being traded by speculators and wildley overvalued, but you do know there are stocks outside of the big bluechips ones? Right?

>>24988509
>How is First Majestic silver a ponzi scheme?
I will answer that very easily, I just need to know does First Majestic pay dividends?

>>24988598
kek that's your criteria?

>>24988584
>Its not an opposing view point. You're some sperg that's just regurgitating what you heard online.
KEK, the logical fallacies have already started to come out. It’s funny because everything you have said or will say is predictable because you stock market shills are a hive mind. Tan Liu, the author of The Ponzi Factor, made a video where he refutes almost all of the points you’re about to make. https://youtu.be/UvusBl42Gs0
Honestly, your straight up refusal to watch any of the videos I’m sending just shows how scared you are of realizing that you’re going to trade real wealth (physical silver) for fucking pixels on a screen

>>24988664
Why won’t you answer the question? It’s pretty simple

Is there a more recent list of Sprott's holdings? I think this one might be 2 or 3 months old

>>24988264
Kek I actually wrote to my congressmen about that. Glad to see it finally moving along, I just hope the mint wont sell out in 5 min.

>>24988325
>paying taxes

>>24988744
They just started this quarter at 1%.

>>24988716
>Literally posts a video on "How to debate financial junkeis!"

Your guy throws out efficient market because it's "unprovable". Sorry man, that just sounds like pseudoscience. Stock generally reflect the company's performance. There are times when it doesn't(undervalued/overvalued). That's the game. Stay poor.

Btw I'm glad you can regurgitate arguments from this video.

>>24988964
Tell me how not to

>>24989087
IRS is a figment of your imagination
Nothing happens if you don't file a 1040

>>24989252
>IRS does not exist argument
>Forgets al capone was arrested for doing this
Man, imagine not knowing your history.

Goys I have recently counted my stack to find I am at 940oz of silver. It feels good. As soon as I find out if I am being hired in January I am entering the thousand oz club. Then I will start buying an ounce of Gold every 3 months. Feels good men.

Also I am thinking about buying land. Anyone know if I can get my taxes to be significantly less by having an apiary (bees) and dedicating 5 acres to forestry or some bs? Trying to not pay a usurious loan and hoping the country hyper inflates the currency to print its way out of debt and I can get a hundred acres on the cheap.

>>24989065
>Defeat: the text
You’re lucky this is an anonymous image board, because I’d be pretty embarrassed if I threw out the quintessential non-argument and ad hominem like you just did

>>24989252
>IRS is a figment of your imagination
I’m not a Jew so this is not the case. Do you really just not pay taxes senpai? Because you will get foog’d pretty hard if you are not paying uncle Shylock his pound of flesh. >>24989308

>>24989374
Allodial land patent my friend and you'll never have to pay taxes again or have access to emergency services but that's whatever. Good luck getting an allodial land patent approved tho

https://sdbullion.com/1-10-oz-gold-american-eagle-coin-random-dates

Does this seem like a good price for 1/10 oz Gold Eagles?
Currently debating on getting my first piece of gold or continue to stack more silver.

>>24989456
He probably is in a tax haven, get a ton of under the table money, or cook his books to show that he in debt when he actually has positive cash flow.

>>24989528
>https://sdbullion.com/1-10-oz-gold-american-eagle-coin-random-dates
yeah that's the lowest i've seen them in a awhile

>>24989528
It is a bargain on premiums. https://findbullionprices.com/p/2020-American-Gold-Eagle-tenth-oz-Coin/

>>24989388
kek
>bro i'd murder u IRL!

>>24989533
Weak arrests reports
https://www.irs.gov/statistics/soi-tax-stats-criminal-investigation-program-by-status-or-disposition-irs-data-book-table-24

>>24989470
Thanks desu.

>>24989533
I really envy the boomers because they lived in a time of reportable income. Now I just get f’d and with all the taxes and mandatory insurance in America you pay close to 45-55% of your income. Man fuck this country...

>tfw meme lines again

>>24989374
I suspect you already know this but having a certain number of animals (cows, sheep, chickens) will qualify you as a farm/ranch which allows you to pay much, much lower property taxes. I don't know the exact number but you don't even need a lot of animals. Maybe 2 or 3 cows. The property tax savings are quite substantial. I remember reading an article where it was stated that Michael Dell's "farm" was appraised at $30M or $60M but he paid less than $10,000/year in property taxes. In Texas, a $350,000 house usually pays about $10,000/year in property taxes. If Dell did not have a "farm", he would have paid something on the order of at least $600,000/year in property taxes.

I don't know if keeping bees qualifies for specialized tax treatment.

>>24989843
i am actually starting to think the rapid decline in living standards is actually due to boomers implementing money stealing policies instead of immigrants suppressing the cost of labour

>>24987605
So is that "taking a bigger position"?

>>24987758
>hurr durr if you can't exchange stonks for anything other than internationally accepted mediums of exchange then they are a scam!
So your argument is that only physical is real wealth because only physical can be bartered?

>today, i will remind them

>>24989885
Thanks my negro. I do want farm animals and apparently bees qualify oddly enough also allow for grants too.

The dream is to homestead and do that for a living instead of wage slave. I’d rather be a slave to my own hands in labor than someone else’s.

>>24989959
I agree, the boomers are essentially a generation of philo-semites. They worship mammon, talking to my parents always makes this more apparent because they want to just sell the family home and live out their lives on a beach somewhere. I want to build a house and have a multi generational household. This Jewish cosmopolitan life is a leading cause of depression not only in my life but most people that are not boomers. We have no roots and the boomers who always had a town and large families want the lifestyle we are forced to live in and all I want is a home crammed with cousins siblings and my own children and maybe grandchildren. Family is everything and it seems it is something that I may never achieve due to what you said has become of the labor question in the last 60 years due to the boomers idolatry of mammon.

>>24987552
>some kind of maxi who invests based on some weird morals
yeah you are ngmi

>>24990274
Check out
>>24988716

It's literally a video listing how to refute common arguments. This dude has no idea how these systems work and just regurgitates youtube garbage.

>>24988264
Why use 900?

>>24990346
>>24990343
>>24990274
Samefag

>>24990068
In a sense, yes. Buying mining stocks instead of the PMs directly is a form of leverage. Generally speaking, especially for the smaller mining companies, a certain gain in the price of the PMs results in a larger gain in the price of the mining companies' stock. However, you must never forget that when you buy any stock, you are taking on all sorts of risks: management risk (fraud, idiots in the corner office, self-dealing), regulatory risk (British Columbia seems to love screwing over its productive industries with new taxes to fund onions consumption and basket case countries love nationalizing things), and maybe plain bad luck (test drill results look great but the real digging unearths much less than expected ore). Mining stocks aren't quite derivatives because you don't really have a time factor. That is, a reasonably well-managed company's stock shouldn't go to zero just because of the passage of time.

If you want an example of the kind of leverage you can get with a *good* mining stock, look at the chart of Kirkland Lake (KL) over the past 5 or 6 years. I didn't buy this stock despite having good information and left a lot of money on the table.

I've noticed talk of Kinross Gold on /pmg/ lately. I haven't looked at it in a long time but owned it in the 2000s. It wasn't a very well run company and despite the massive bull market in gold, it essentially went nowhere. Maybe management has changed for the better but those looking to invest in Kinross had better look carefully at the pedigree of management. PM bulls markets don't last all that long and you definitely don't want to waste your time with crappy companies.

>>24988164
>The present value of a stock is it's discounted cashflows.
I believe you are talking about the FAIR value here. The actual value is just what the market decides, based on human psychology essentially.
>>24988428
>as demonstrated with Tesla and many other stocks net revenue and stock price have a correlation of zero.
Now I wouldn't say the correlation is zero but you're right that it sure as hell isn't one. Profitable companies will usually still be more sought after than unprofitable companies because unprofitable companies are at a greater risk of bankruptcy which shareholders obviously don't want
>>24989388
>You’re lucky this is an anonymous image board
oh i'm so scaaaareeed
>>24990459
You know I could autistically prove I'm not the other guys but you're such a schizo you'd probably say the image was edited via HTML or something

>>24990443
They used a 90% silver 10% copper alloy for hardiness so the coins didn't wear as fast

>>24988264
Me too, if they're perfectly authentic and faithful .900 Silver dollars I'm stacking piles of them, I'd prefer Peace dollars though especially if they're high-relief like the 1921 issue.

>>24990443
for that based 90% Lustre?

Any Vangold Anons in here? I know there's one or two guys very invested in Vangold. What's your bull case OVER other top quality juniors with past producing mines, like Blackrock, Dolly Varden, Strikepoint?

>>24989959
I feel everything is cyclicallity in a generational way. One generation fights and overthrows tyranny for great wealth and freedom to the people, the next enjoys the wealth and freedom but allows government to grow and take wealth and freedom from the people, the next suffers from lack of freedom and wealth which are continuously diminishing as government grows more powerful; as they work they're getting less and less for it, having to take on debt to buy necessities, have less time for family and friends, find themselves depressed and mentally ill, but the society says they're wrong to be unfulfilled, having access to all the fantastic entertainment and distractions. The next generation overthrows and the cycle repeats. Roughly speaking of course I probably missed a generation in there. We're almost at the overthrow, but not yet. Things are breaking down but these things take decades of time.

>>24990563
>You’re lucky this is an anonymous image board
>oh i'm so scaaaareeed
Kek I wasn’t even talking to you, thanks for proving the samefag

>>24990641
schizo

>>24990641
Pottery, kek

>>24990672
Got any other insults? You’ve used that one a few thousand times too many

>>24990707
Samefag ;)

>>24987268
>You can't find a posable figure to pose with your silver

Its not fair

>>24990558
Inradesting, Thank you.
>>24990569
I understand the need to make it strong, does this mean it's going out to the public ? America is going silver again!

>>24990627
Have a 12% position in it.
http://www.goldtelegraph.com/vangold-mining-continues-to-advance-and-restore-the-pinguico-project/
https://finance.yahoo.com/news/vangold-mining-cve-vgld-good-084828015.html?guccounter=1
http://epsteinresearch.com/2020/10/14/vangold-mining-55m-of-channel-sampling-returns-537-g-t-ag-eq-or-6-7-g-t-au-eq-drilling-starts-next-month/

>>24990707
>get's called schizo thousands of times
>believes he's not scizo
You're definitely schizo my friend ;)

>>24990774
;)

>>24990735
>Haha look guys! I can samefag but pretend I’m not while also making it obvious I am! This is comedic gold right here Reddit!!

>>24990613
American gold eagles are 9167 pure, so you need one extra AGE to have 24 karat gold.

>>24990837
;) This really is comedy gold, but not in the way you think

>>24990886
;)

>>24990837
Take your meds or go to /XSG/ please

>>24990760
They won't be intended for economic circulation. I just want .900 because .999 seems like a commemorative piece, as opposed to a true new minting of the old .900 coins. Hopefully Trump signs it and we get an idea of what they'll be made out of, how much they're making, etc

From a quick read I know that they'll be minted at different mints, and some will have privy marks for Carson City and New Orleans.

>>24990924
Based ;)

>>24990926
;)

:-DDDDD

new coins in today

passing the stimulus is bullish for miners right? should be bullish for everything

>>24990926
>>24990837
Samefag

>>24991059
Very pleased with all of them. I will get more.

>>24991059
based Libertad

>>24991084
>>24991041
almost too based

>>24990876
To clarify, there is one full troy ounce of gold in an American Gold Eagle coin with a $50 face value. The coin is not pure gold gold (it's 22 karat gold, not 24 karat gold) so in addition to one troy ounce of gold, there is a bit of silver and copper alloyed to make a harder coin.

Note, karats when used in discussing gold is a measure of its purity (12 karat = 50%, 14 karat = 58.3%, 18 karat = 75%, 22 karat = 91.6%, 24 karat = 100%), not its mass. Karat is a measure of mass when dealing with gemstones.

>>24991157
le ebin maymay

>>24991323
samefag
ecks de

>>24991323
>>24991157
Take your meds schizo

not invested in Bayhorse anymore but since I know that there are some believers ITT I felt like sharing this, in case you haven't seen it yet

https://twitter.com/BayhorseSilver/status/1338914730816266243

>>24989374
Good job friendo, I have about 200 shares of SLV, hope to get that up to 1000 shares in 2021 ;)

>>24991220
Kek are there still retards who think AGE’s don’t have a full ounce of gold?

>>24991715
hay the tiny scoop trams back at it again! Bayhorse needs to put a bigger bucket on that thing for fucks sake.

>>24991920
It really looks cute lol

>>24991937
i mean its perfectly fine at what it does, but they could get away with a far larger bucket and increase productivity by a few percentage points.

>>24992119
Yes of course, it does its work well enough but a bigger bucket would make work more efficient. Still looks very cute imho

>>24990459
Schizo.

>>24991825
b8

>>24989885
>Maybe 2 or 3 cows

how much maintenance are cows and would the cost of keeping the cows be much less than just paying taxes? what would be the lowest cost animal to keep to qualify for the tax benefits?

>>24992477
I'm not a farmer or rancher and have never lived outside of cities or suburbs so I have no idea. I would imagine that the easiest and least expensive animals to care for are pigs and chickens. Cows can be a headache from what I understand, especially if they give birth. I'm also not certain if you can just let cows eat the grass you've got on your land. I seem to recall that some ranchers feed alfafa to their cows perhaps for nutritional reasons.

If I want to send my btc to someone I have to take a cut from my account to send it

If I want to sell my silver to someone the rest of my stack is untouched.

Which is a better medium of exchange?

what's a good pelican case model for ~30 20toz tubes of silver

>>24992833
Just go to harbor freight lmao

>>24992782
imo it's probably silver because if shtf your priority won't be to exchange currency internationally, you'll be spending your money very low profile and locally. btc isn't very low profile since every transaction is stored publicly on a ledger

>>24992873
my country doesn't have harbor freight or harbor freight products, but i can find all sorts of model pelican cases relatively cheap

Diversify

>>24992238

the pelican case 1300 looks perfect

>>24992782

silver because it doesn't depend on the state of an external system and has no serial transaction bottleneck. btc is wasteful and regressive.

>>24992985
Fantastic, 55.6, books to inform the younglings, non chipped cash, weeb rounds, weeb bars, 10oz apmex & scottsdale bars, and gold ozs. Seems like a pirate chest.

>>24992743
>pigs and chickens

eh pigs are filthy and chickens are targets for foxes. however i would like the eggs from the chickens though...

>>24992985
only thing missing is some passports

>>24991870
I'm sure if most people knew that detail they would never buy AE
That is straight up chinese trickery

guys i bought this peace dollar off ebay and i'm a tiny bit worried. look real to you?

>>24993223
Absolute fake...Look at the lettering and triangle.

>>24993084
Are pigs truly that dirty or is it more how humans treat them, purposely penning them up and putting them in dirty places? I figure pigs would be easy to raise since they're omnivores and thus you can feed them pretty much whatever you eat, minus any pork products. I do wonder if the government would allow those pygmy pigs (the ones that get about as large as cats) to count as livestock and if the government's qualifying quantity is on a head count rather than a weight. It'd be hilarious to have four or five pygmy pigs and qualify as a ranch/farm.

As for chickens, can't you build a fence and put them in some sort of housing that protects them from predators? Chickens are inexpensive so even if you lose a few, does it really matter if you're raising animals for the property tax tax breaks?

>>24993223
what a strange fake

AnCap bro’s I don’t feel so good...

>>24992985
Be careful with hexmags.
Their plastic feeding lips are known to cause misfeeds after storing them fully loaded after a long period of time.

>>24993290
yes you build a chicken coop and shit but i used to work with a guy who raised chickens and still a fox got to them. i ate eggs from his chickens too. i think i would start growing crops before i would go for animals

>>24987268
i really do enjoy laughing at all you pathetic silver stackers. i own a metals recycling company and i’ve been in the mining business for 30 years now. you people are the most pathetic i have seen in a long time. none of you will ever be as successful as me no matter how much worthless silver you have.

I haven't been hanging around /pmg/ since the batboi days earlier this year when I was quarantining comfy with my silver stack, why is everybody suddenly talking about uranium?

in 5 years /pmg/ will become /farmg/
im ok with that though

>>24993609
Because, unfortunately, the hype engine has started and it's difficult for people to walk away from "guaranteed" massive profits. I put a small amount of money into uraniums stocks in the 2000s and lost money. My overall return was probably -80% (yes, negative) or so. I'm still holding shares of Dennison Mining and Energy Fuels (UUUU) from the previous decade. Even after the recent run-up in uranium mining stocks, I'm still 90% DOWN on Dennison. I sold my shares of Mega Uranium last year for tax purposes and that was also a 90+% loss. Since I sold Mega Uranium in December of last year, it has doubled. However, even if I had held until today, I'd still be down over 90%.

For those looking to speculate in uranium mining stocks, be careful. They have been terrible investments over the *decades*. If you're jumping on the speculation wagon, only do so if you're absolutely certain that this is very, very early in the speculative cycle. If everyone and his dog is talking about it going to the moon, it's most likely because they're looking for people to dump their stocks to.

>>24993609
bull market in commodities is ultimately invincible to the inflation/deflation debate, win either way

It is done...

>>24987956
>>24988019
>>24988087
>>24988126
>I bet they would offer £20 for a sovereign

During gold's last run in 2011 I walked into some of those "cash for gold" places with a 1 ounce pamp just to see what they would offer me.
One place literally offered me $300. Spot was around 1700 that day.

>>24991059

Mira a las tetas

>>24993287
the lettering looks legit. the head looks legit.
the triangle-circle thing looks like it's just a shape that was carved out of that flat portion of the coin in that area
I think its legit

>>24994441
>>24993223
for comparison

>>24987268
Bump

pmg slow today

I have a feeling that tonight is going to be very rough for mainstream holdings

>>24995437
>I have a feeling that tonight is going to be very rough for mainstream holdings

why

>>24993206
hold on a second, do you not know the gold content of an AGE?

>>24995385
>spills half the pour
everytime

>>24995515
just a feeling. Markets have gone totally retarded. I still thought tesla was worth ~350 billion. It's worth 650 billion. If the S&P committee is gonna throw that shit in I think a lot of people are gonna take money off the table and wonder what other dogshit they through in there. And people are gonna want to sell before traders leave for Christmas so there is plenty of liquidity.

I also feel like Jungian psychology might have some merit.

Fuck I wish the idiots at Intact Gold Corp would go belly up already so guys like me could get a crack at the Sheep Creek Valley. Assholes tied the entire valley up in claims than did exactly TWO drill holes and nothing more for 5 years!

>>24993223
looks like a genuine circulated dollar that some boomer cut-out, dunno why that fad was ever popular. Probably the same types that destroy old silver to make coin-rings also make those things.

>>24996155
Yep. i think it was a real coin that some wannabe "artist" butchered because they own a dremel and have too much time on their hands.

shame of a thing to do to a beautiful classic like the Peace Dollar

>>24992477
almost the same as a horse but you dont need all the fancy tack.
>land
>hay
>truck AND trailer
>vets
its a lifestyle, not just a hobby. if you dont have land you're gonna need to supplement most all the feed. if you own that much land you've already got a substantial investment.

>>24992985

>>24989528
>https://sdbullion.com/1-10-oz-gold-american-eagle-coin-random-dates
Damn, I thought I was paying alot buying them for $195-210 a piece at my coin shop for the past couple months

>>24988264
I saw this. Glad to see it's real.

>>24996561

who is?

>>24996650
a man

>>24996650
>who is?
Some mediocre whore

>>24996697
.... fuck

>>24996650
Settle down coomer. Don't give in to the jew,.

>>24991059
I kind of regret not buying that gold Noah's Ark when I had the chance. The price on it wasn't too bad.

https://twitter.com/DeItaone/status/1340789376545157122

STIMULUS IS HERE

I REPEAT

STIMULUS IS HERE

>>24997081
Silver prices or up or down tomorrow?

>>24996650
>who is?
Aoc's lil sis

Market open in 5 minutes
Last chance to get cheapies

>>24997133
>Silver prices or up or down tomorrow?
Up big boi

Hope you got physical already

>>24995437
>>24995914

AHEMMMMMMMMMM

>>24997081
>https://twitter.com/DeItaone/status/1340789376545157122

>>24997625
LMFAO

Today JPM attempts to hold the line at $26 silver

>>24997081
>>24997133
>>24997185
Did it even go up last time stimulus was passed?

>>24997657
Revolting

>comex open
>immediate giant green dildo
feels gud but also feels bad, i have some spare cash and i wanted to get some more silver..

>24994500
Giant ledger hack is being leaked rn, shitcoiners are sweating hard.

>>24997657
100% guaranteed her childs are ugly niglets and she's a single mom.

>>24997938
>ugly niglets and she's a single
Same

>>24994500 *
for the ledger hack bread link

>>24997858
I need based rabbibros to short silver for a little longer, i'm not done stacking yet. I should've jumped in during the $22 dip, but went too greedy.

>>24998018
>for the ledger hack bread link
We got too cocky cryptobros aaaaaahhhhh

>>24997625
>>24997657
Tyrone's Children's lives matter. Also #FreeTyron prison isn't safe with the COOF about.

why the fuck don't my post ever appear?

>>24997858
this
>>24998018
pic related

load up boyooooosssssss and get your chips on the table, we crabbin until the dam busts

fucking gay ass hiro and his nigger website. I just want to talk about my fucking Mercury dime order.

>>24998284
nothing stoppin u bro

post ur stack of blowjobs

i showed u mine now show me urs

>>24998320
I've tried, I have posted the picture three times and it never appears. Only 20% of my posts will appear. Bet its something to make me buy a pass or something.

second time posting this reply btw

>>24998158
This is legit a huge deal, shitcorners btfo!

>>24998379
Clean up your cookies and refresh your IP

>>24998400
checked and all-coiners rekt

pink wojaks incoming

Rate my allocation of pmg lads

>50% Gold
>27.5% silver
>12.5% platinum
>10% uranium

Also own a mix of big and small cap mining /pm recovery stocks and ETFs, in order of size of holding


>Rio Tinto
>iShares gold miners ETF
>Sylvania Platinum
>Goldplat

>>24998562
To supplement this, my gold and silver holdings are 99% physical. My physical platinum and uranium holdings are 0%

Any Brits know a good way to (legally) avoid tax on buying physical silver and platinum?

>>24998628
How much silver can you fit up your ass?

>>24998562
you probably wont sell your physical, you shouldn't count it in your PF.

>>24997858
$26 silver is a fucking joke

>>24999144
This spike in M1 doesn't really imply an impending increase in the circulating money supply, this video can explain it better than I can: https://www.youtube.com/watch?v=HXkTEWldTfk

>>24999266
Banks will go bankrupt and will employ a 'bail-in' to survive, aka taking a huge slice of money from its costumers lol.

Shluld i get more aurcana or more PGM? Any other companies that are near-term producers?

>>24998628
cant you buy/sell britannias/sovereigns tax free?

>>24998628
look through the archive its been answered before

>>24998628
I'm glad that you don't hold physical uranium at home, anon

>>24999830
PGM if your looking for an already setup near production company.
Aurcana if you want to be more speculative, there taking their time getting going but are still on track as far as I know.

>>24988823
https://www.marketscreener.com/business-leaders/Eric-Sprott-6893/biography/

Where might one get precious gems, I wonder?
Really want emeralds, rubies and sapphires to go with my modest silbur stack.
Might make a little pirate's chest to store them.

Is it better to buy coins or rounds? In Canada melting gold and silver coins is illegal. Gold and silver get their inherit value by being used outside of being money (industrial , jewelry etc. ). So are coins worth getting if you can't melt them?

>>24990749
Cute

>>25000085
What about Ascot? They're on a similar time frame as Aurcana, right?

Bros Ontario is going full lockdown. Won't be surprised if all of Canada follows. I'm holding a stupid amount of Canada based miners. Should I dump them all tomm morning? Freaking out here.

>>24990627
I have too numerous to list but Vangold hodler at .125 avg

fuck bros
>be me, earlier today
>decide to go boating, bring my stack with me
>get into an accident and lose entire stack
its over for me

>>25000283
Miners don't get the kung-flu. Chill.

>>24999676
This seems plausible, but are savings vs. checking treated differently in terms of a bail-in? I would have thought that if anything savings accounts were safer for customers than checkings.

>>24999999
>>25000000

>>25000305
What the hell were you thinking, fren?
Why in God's name would you bring your stack boating? That's asking for trouble, for goodness sake. Well, you had better get back to stacking, then.

>>25000207
yes there on the same trend as Aurcana. Aurcana probably has it a little easier than Ascot as the mill at Aurcana's property is totally operational while Ascot's needs upgrades which are paid for and waiting for machinery to be delivered.

>>25000283
Mines now have strict procedures for their work forces coming in and out of camp or nearby communities. They likely wont be as effected as the first go around. Junior explorers too shouldnt be too bothered as its now the winter season and only drilling type exploration will be ongoing.

OOOOOOOOOOOO

silver's price

is it really happening this time? are we finally mooning for good?

WHAT THE FUCK

mfw planning to make my last PM purchase for the year tomorrow

IS THERE NEWS OTHER THAN THE STIMULUS PLS ADVISE

>>25000688
Buy some silver miners right at open. If spot stays up the miners will rally between 5 and 12% tomorrow.

UP UP AND AWAY GUYS

silver price is expected to dip in the following weeks and moon in late january

>>25000630
>>25000625
>>25000636
>>25000673
>>25000677
>>25000688
Fml, i sold all my miners to FOMO in a memestock shilled by a faggot on smg last friday...
I JUSTED myself once again, didn't i?

Oh well, at least i still have my stack... unlike all the retards who sold their stack to get on shitcoins at ATH.

>>25000776
why?

>>25000829
I'm guessing it's the dxy pumping.

>>25000793
>tfw bought 1/2oz of gold and 40 KL shares on thursday
Feels good frens

I looked over at my Asahi rounds and I think they are starting to glow; a soft, pale aura like the majestic moon drifting above our heads.

wtf was that?!

>>25000980
Stimulus news

>>25000980
Stimulus talk in congressed passed.They will do another one in January.

>>25000980
Reminicent of August

>>25000889
The truly worst part is i keep fucking up over and over again. I've always the good picks at the worst timing. And since my hands are made out of wet paper toilet, the minute i lose confidence/ think i found a new gem, i jump in.
For example i sold all my shitcoins literally the week before the great bullrun started, at a loss. All this to go in CDR and various others memestonks who immediately tanked.

This is the story of my life.

>>25001012
Putting that 600 right into more silver

>>25001000
>>25001012
It didn't move for 2 hours after open when news was before open.
Is shit looking fucked up in euro banks? Their index futures look pretty shit and the russell futures are also shit. Neither are that bad tho

>>25000980
Money printer

>>25001081
Never sell, just buy new stuff and hang on to the old

>>25001124
CNN just reported on it 30 mins ago so the Chinese are basically confirming its gonna pass and Hong Kong is the market that's open currently

>>25001117
You and 1,000,000 other people

>>25001081
Fren. Do not be emotional in trades. It is all about testing your beliefs. This is an advise from very famous shortsellers throughout time. If people are not screaming down your next to say you are wrong or you are absolutely retarded when you look at fundimentals, and you hear their arguments, but it does not make any sense in p/e ratios then hold. You know profits are about to come. If they side with you and say it will moon and getting all emotional. Run.
>>25001124
read >>25001186, and it is all about the euro dollar system that deuch bank is connected to.

It's going up again
Damn

>>25001186
The Chinese aren't that slow. Either there were a ton of US traders that thought it would tank on open because it wasn't big enough or it's something else. It makes no sense for Chinese traders to be that incredulous on this.

it's going to be unaffordium pretty soon

>>24998628
Buy from coininvest.en
They are vat free until 31st dec when we leave the EU

>>25001182
I know fren, it's just... i'm too emotional. You see the greed/fear index? I'm constantly 100% fear. I know the apocalyptic economic crash is long overdue, which make me totally paranoid, as soon as i see a 1% dip, i sell everything (but my physical stack of course). And in reverse, as soon as i get some cash i immediately buy more silver.

>>25001267
Give it a bit and it'll go down

>>24987268
Guys I’m about one minute away from actually shitting my pants this isn’t a joke

>>25000793
This better be a larp but if not you deserve to and will continue to get justed until you learn to think for yourself. PMs literally consolidated for 5 months and you sold when we just broke out of the trendline. You couldn't have done a worse job unless you shorted.

>>25001298
>>25001206
I'm telling you guys the only reason for pj traders/chinese to act like this is something is weird in europe right now

>>25001206
How do i transform my soft cheese flan hands into hardened electrum alloy strong hands, fren? I'm fed up being so mentally weak.

>>25001353
>this is something is weird in europe right now
Well you're right

>>25001316
Every boomer did the same thing. I was buying the last time silver was at 25 and the coin shop was empty. Go back last week and the guys counter is full of second hand silver. Everyone sold the dip.

>>25001353
My post didn’t have anything to do with silver I was literally going to shit my pants, I got to the bathroom just in the nick of time though and now I’m toiletposting

>>25001117
I put 600 USD into silver every two weeks. Hard to believe a one-off 600 USD payment can affect silver this much. Are Americans this poor?

im 100% physical, how are the miners doing? i don't understand the relationship between physical price and miner prices

>>24987268
Can I clean silver bars with rubbing alcohol? I've gotten some second hand and I don't want to bring any germs in. Will alcohol damage them?

>>25001401
It's 8:30pm on a sunday...

>>25001198
>>25001198
>>25001198

aaaand there goes crypto.

>>25000688
Same, i just wanted cheapies to finish off the year. Goddammit Santa!

Well, lets be real, it won't pass $30 dollars until 2022 maybe, so its not that bad.

>>25001316
But we were crabbin' for months, and i needed some cash to buy in a memestonk.. I thought i did pretty gud : sold all my shares of FM i got for $9.90 for $12.70..
I thought it would tank this week, so i could buy back some of it.
pls no bully

>>25001457
Silver naturally kills a lot of bacteria. That’s why it’s used in medical applications. You really don’t need to bother cleaning them maybe a damp rag at most.

>>25000769
IT'S HAPPENING

>gold the same price as it was 10 years ago

So when does the gold crunch begin and it goes over 10k an oz?

>>25001471
All we need is for the stock market to tank again and it will be the perfect storm for PMs, doubtful but possible.

Ahhhh fuck me
Why didn't i buy 10 oz of silver that were on sale yesterday!?

Why does Japan have a negative Au demand?

>>25001373
Ask yourself these questions.
1. What is money?
2. Why did we have 3 global financial crashes within 25 years?
3. Did we change anything to correct what happened during these financial crashes?
4. If not, will interest rates go up or will it change, or will it go negitive?
5. Will the fed stop printing money?
6. Will the core GDP of America change from a consumerist growth to manufacturing growth?
7. If so, what will happen under triffen's paradox?
8. How can you account for how much the world is printing to mining supply?
9. Why is the gold and silver ratio be accounted when you have global refining supply lower than that?
10. Why do people care about bread and circuses?
11. What does that mean for civilization and gold & silver?
Answer these questions. Never forget fundamentals. It is about critical thinking anon.
>>25001457
Silver and gold are naturally anti bacterial. Look at >>25001504

>>25000793
>he bought CLF

"lol"

>>25001373
Take a long view

>>24987268
I sure hope to God that David Hunter is right and a large deflationary event pummels silver back down to ~$20 so I can acoomulate
>inb4 muh 5,000 years

>>25001573
Probably due to a bunch of hoards from jap boomers being sold to finance retirement. The same thing happened in the diamond market. Suddenly Japan was exporting diamonds because during/after the nikkei bubble smart boomer japs got the fuck out of yen and japanese stocks.

Well time to not buy since it'll go down again and I literally won't beat inflation

>>25001395
Pics or it didn’t happen

>>25001504
I was recently reading a book about the colons and it said they all had a silver coin in their gourd and in their water supplies to keep the bacterias away and keep the water fresh. I found it pretty cool, so i added a coin in the water gourd of my bike.

what should i have my opening limit for aurncana at? shieeeet I'm thinking .79 usd

>>25001670
Silver doorknobs used to be quite common. I can’t remember which epidemic or disease it was, but a large part of the ending of the transmission of it is believed to be because of the wide use of silver door knobs in wealthier areas.

>>25001739
brass works too

>>25000085
Is there such a thing as a lassonde curve for production companies aka a braph that shows what to expect as a producing mine carries out its life cycle? I just bought kinross and pure gold and honestly im entering uncharted waters here in terms of my knowledge base.

>>25001573
Their Government is selling off literal tons of Gold right now.

Quick fellow /pmg/ chads, I have roughly $10k USD that needs to be dumped somewhere so I don't get kiked out of purchasing power by inflation.

Already have 4-5 oz gold and like 50oz silver. Do I go all-in on silver with this 10k or buy as many full ounce coins I can and dump the remainder into silver coins?

>>25001808
full ounce gold coins*

>>25001808
Silver 100000%
You should own 500oz of silver for every 1oz of gold fren.

>>25001602
Lol. Imagine believing this from some dumbass talking about something that literally won’t happen. You need to watch the Dalio video of how the economy works if you believe that drivel.

>>25001808
yes

>>25001808
get some exposure to other (industrial) commodities

>>25001808
Silver, that's a no brainer at current prices.

>>25001808
Depends on what you want it for. If you're using it as a cash balance, get gold because it has lower day to day volatility. If you're planning on saving it for a while, I'd go all silver because it seems like it has a better price floor and much more upside

>>25001569
It will in three months

>>25001876
>500:1 ratio
Brainlet tier advice

>>25001929
>>25001905
>>25001892
>>25001876

Understood brothers, going to pull the trigger on about 320 silver Britannias shortly.

Premiums seem to be roughly the same on both coins and bars so doesn't seem to matter which form of silver I purchase. Any last-minute things I should know? Never made such a large order of silver before.

>>25001383
Max pain. I won't lie this was one of the hardest bull market corrections ever, 5 and a half months is pretty rough. But I think a lot of retards just momentum chased silver and bought at $20 plus prices, not including premium; people who don't understand the bull case for silver and gold, and so can be shaken out really easily. These people were destined to get blown up and the market will always punish them in an almost sentient way.

I always have and always will say: Do your god damn homework.

>>25001481
You don't get it anon, if you chase memestocks you'll always eventually lose, and trading in and out a bull market is a surefire way to miss half the insane gains that're already in the bag. You just have to forget about it. Did you think you can grow your account 10% every month or something? Unless you're rick rule you shouldn't be fucking around with PM stocks like this. Be right and sit tight. If you need money get a job. Why gamble when it's in the bag already?

This goes for things like Uranium, copper, commodites, crypto in general. When you buy assets that're meme status on 4chan you're already too late. Even if you escape with gains, the practice of doing so blows your account up eventually. You have to do your own work to find the assets before they're overvalued and the risk reward is against you. When you pullback during a bull market with fundamentals intact, then crab for 5 months without breaking down, that's ultra bullish; the charts all look like perfect flags straight out of a textbook. It was the last train out and I backed up the truck on my PM investments this month, and I've already made a lot a gains from the miners leading the metals. With this next breakout my portfolios about to go past the moon. You need to be doing due dilligence and homework anon, this isn't a game. This is life changing wealth.

I found picrel recently. Is it true? There isn't much gold left in the ground? It made me feel insanely bullish about my stack but not so much about my juniors. Or is it somehow bullish for miners too?

>>25001808
Gold is up 27% for the year with pretty steady growth, no major crashes while Silver is currently up 50% for the Year but in that time the price has been as low as $11 and as high as $30.
Buy Gold if you want to preserve wealth, buy Silver only when you can't afford Gold, want to speculate on the ratio/price or want a more convenient barter item for a currency collapse.
If I were in your position I'd buy 5 1 ounce Gold coins and spend the remainder on Silver.

>>25001205
>You and 1,000,000 other people

If premiums for anything remotely decent go through the roof or in-stock inventories get cleaned out within a day or 2 like in March, may I again recommend taking the scrap-pill?

Retards will always exist so great BIN deals on scrap sterling will probably continue surfacing well after the moonshot. The deals will get harder to find and gobble up before competition finds it but cheapie Silver will still be out there. I may start hustling refined bullion to buy much heavier piles of cheap scrap (for refining) as a full time "job" to keep growing the stack when $50+ Silver hits, that would be fun.

>>25002025
That's literally Mike Maloney's staking ratio. Do you think you are smarter than Mickey by any chance, anon?

WE'RE GONNA MAKE IT BROS.

I LOADED UP ON LEAPS AND 12/24 CALLS FRIDAY

SILVER 29 SOON

>>25002110
fucks sake man just think about it. How would this be bearish for miners who literally hold millions and millions of ounces of an asset that's getting harder to find

>>25002104
Personal opinion but I usually limit investments to income-generating/"safe" appreciating buys or physical
I agree with you that anything that's shilled is too late

>>24990749
sometimes, 2d waifus must stay 2d
too pure for the 3d world

>>25002156
I’m saying that not buying a full ounce of gold until you’ve purchased 500 ounces of silver is ridiculous, and that in order to have 4 ounces of gold you’d have to buy 2,000 ounces of silver first if you listened to Mike Maloney. You do you, but to me a 120:1 ratio is much more reasonable

>>25001876
>You should own 500oz of silver for every 1oz of gold fren

My ratio is 408:1 silver:gold, close

>>25001792
i ll see what i can dig up i think theres a graph like that.

should i buy a 1kg bar of silver or get coins instead. stacklet here

>>25002291
Memes aside what is the potential upside on silver?

>>25002333
upside is all the way to the top!

>>25002333
Checked and I have no idea, but ATH was $50 an ounce back in 2011 if that could give any indicator

>>25002316
24:1 here. Comfy

1200 AG
0.25 AU
I like to play the gold/silver radio aggressive

>>25002333
I could give you a quick rundown, sir. Do you have 3 weeks?

>>25002412
Based gold rich stacker

>>25002316
based
>>25002417
very based
>>25002412
totally cucked

Surprised at the lack of hype here, this is a CLEAR breakout. we're going to see $30 silver soon. Maybe some chop around there then we hit 35 fast. Beyond that there's barely resistance to 50. Then clear clear skies. Hope you guys loaded up, especially on silver juniors, who are extremely undervalued. $50 silver in 2021 is in the bag.

>>25002291
Why do people keep saying own 400 or 500:1 oz of silver. Is it to do with convertibility ?
t. Midwit

>>25002222
It's happening.

>>25002465
>it’s gonna happen any day now guys trust me!
You metalcucks are a pathetic breed

>>25002465
are you new here? (((they))) will never let silver get that high

>>25002465
Desu i wont be hyped until we reach triple digits silver. We deserve it.

>>25002394
Please Daniela, gib dip sometime so I can buy PAAS again at $32 or less

>>25002465
silver bars or silver coins? coins have lower premium at jmbullion

>>25002465
been watching this fucking flag for 120 days.

>>25002479
People stack at such a ridiculous ratio because they plan on swapping most of their silver for gold, which I think is ironic because that in of itself is an admittance that gold is the better asset. They also assume that gold will stay the same price in a silver moonshot which is itself ridiculous. The ratio will remain unchanged no matter the price and they would’ve been better off just buying gold in the first place instead of thinking they’re the smartest person on earth by swapping the two

>>25001808
8k in junk silver and generic silver at lcs while you use 2k online to avoid the 10k irs knock.

>>25002514
It's now the 5th year in a row where production is declining. There is simply no more silver left on this planet. Meanwhile, the bullion demand more than doubled this year.
At one point (((they))) will have to let it go. How much longer can they hold it with demand far outpacing production? In only 3 comex's delivery months JPM had to say goodbye to half their monstruous stack it took them 10 years to accumulate.
No matter how much paper silver they print, that wont feed stackers and industries.
$100 silver is FUD.

>>25002702
scottsdale stackers bro

>>25002454
>totally cucked
I have a fat pf of miners for leverage. I’ll be alright

>>25002768
What's your high price target for silver?

>>25002394
God she’s so hot

>>25002327
Hey Pan Man you ever look at the rocks at GT gold's property?

>>25002465
All PM hype is tempered by the undeniable reality of kikes playing manipulation games. It wouldn't even be surprising to wake up to find silver in the red.
Until every last bank is nothing more than a burning husk, the real hype will be restrained.

>>25002802
which stacker are you recommending from scottsdale mint?

>>25002934
They're ultra satisfying to hold, but if you aren't going to buy 30+ oz I'd stay with generic rounds

>>25002835
At the very least the mining ratio, so 1:8.
And i expect gold to at the very least x3 during 2021.
So 2000x3=6000/8= $750oz

Sorry but this is non negociable. I wont accept any other timeline.

Also, fun fact : There is as much silver in bullion form worldwide than gold bars in the russian central bank.
Let this sink in for a minute, frens.

Is silver about to do what BTC did these past 2 months?

>>25002988
>Is silver about to do what BTC did these past 2 months?
Who knows anon, but make sure you're ready.

>>25002914
>>25002768

Christ you guys get demoralised easy. I've heard the exact same rhetoric when I was shilling $14 silver this year. They can manipulate all they want but market forces are always stronger. Then they have to cover. Eventually they'll be on our side of the trade anyway so who gives a shit. I'm glad our chart dumped in August, the chart looks way healthier now for a $100 and above silver, instead of another 50$ blow off top.

>>25002908
yes actually i ve walked part of the Saddle property a long time ago when we did line surveys. Its funny back than the company that I was working for that owned that ground dropped the claims because they didnt get any readings indicating ore. Stellar territory out there, would love to walk that again some day.

>>25003019
>Christ you guys get demoralised easy.
wtf man i was advocating for a silver moon in my post

>>25002967
bit pricey

10 oz scottsdale bar for $304.00 + $6.50 shipping

while at jmbullion the same bar is $291.90

looking for best price and easy liquidity

>>25002986
The obvious bull thesis for silver is that it provides better optionality in regards to monetary matters than gold. Gold is ~50% priced on monetary means in regular times. Silver is probably like ~15% in normal times. Then because silver stockpiles are so comparatively small, monetary instability makes the price of silver be ~80% driven by monetary issues. That's why people own more gold than silver.

>>25003063


Just get generic rounds then

>>25003001
I'm ready, fren. More ready than I ever thought I could be.

>>25002768
>At one point (((they))) will have to let it go
the moon shot is hitting (((resistance)))

>>25003123
we're gonna make it

I will make the next thread.

>>25003147
Given your name I wouldn’t expect anything less

Im at ~100:1. I'd increase my ratio but the silver gets to be so heavy and so much volume. there comes a point where gold is looking awfully convenient.

>>25003113
>>25003113
thanks i do like the scottsdale mint and theyre local. beautiful bullion

New Bread

>>25003221
>>25003221
>>25003221

>>25003191
Imo 100:1 is a good ratio, for me 80:1 is ideal

>>25003125
Just as we saw back in August, there's resistance at $24, $26 and $30. As the chart shows, this resistance is completely natural and only a fool would take it as being the work of market manipulation.

>>25003146
Indeed.

>>25002752
>ridiculous ratio

Riding around 1500:1 myself and there's no way I'm playing any faggot ratios and trading for useless gold which becomes appreciably more plentiful every year. The monetary case for gold is solid, but the technological bull case for silver, in conjunction with its current ~7.8oz ag : 1oz au mined ratio makes it very easy for me to keep piling high at this ridiculous 70+:1 price ratio. If anything, goldbug jews will be trying to trade for silver as the ratio collapses and I'll tell them to suck my schmeckel and enjoy their tungsten because my adamantine autism is too strong to be swayed by such trickery. Wouldn't mind more gold for collection purposes but not as any sort of shrewd up-trade, Silver is awesome.

>>24995938
Fucking zombies. I hope they forget to renew their claims so that you can stake them from right under their noses
>>24997858
Keyword attempts lmfao