/biz/ - Business & Finance

post recent deliveries

First

>>25071637

>>25071513
What did Stonetoss mean by this?

>>25071513
What did Stonetoss mean by this?

>>25071079
>I can do it again if we archive.

Based as usual Pan Man, what was that 16.8g pile of nuggies you posted? How long does it take you on average to sluice an ounce from your claims?

Also, have you ever caught jumpers on your claims metal detecting for bigger nuggets or dredging for profit when they thought you wouldn't be around?

>>25071700
Why'd they have to slap it with a €100 price tag? It's a beautiful design I'd happily buy at 2-3x spot, but €100 seems absurdly high assuming it's in the neighborhood of 1 troy ounce.

>>25071882
Assuming they're actually accepted legal tender I think they're pretty cool. 50g 47mm .999 chunker which is pretty boss https://news.coinupdate.com/france-new-gold-and-silver-coin-series-featuring-nature-of-france-launched/

https://twitter.com/realDonaldTrump/status/1341537886315950080

Not a Trump fan but that was extremely based and extremely bullish for us

>>25071882
>but €100 seems absurdly high assuming it's in the neighborhood of 1 troy ounce

Its a 50 gram 90% silver coin so theres about €30 of silver in it, Its a Monnaie De Paris Coin, they put a high face value on a few of their collectors coins

>>25072067

>>25072067
also bullish
pic related

Are there any alternative metals worth collecting like zinc or something similar?

>>25072067
the comments are always filled with extreme faggotry it seems on every one of his tweets. Pretty amazing how one man can have so much influence on the people who apparently "aren't muh president". Fucking kek, I love how much he rustles these losers' jimmies.

>>25072337
most are bots

>>25071867
that was dug out with my excavator and washplant for a short run I think, but its been a while so not 100% sure. All my ground is different and some of its easier / harder to work than other areas. On my best claim it can take a day or so to hand mine an ounce, but sometimes I ll hit a really nice spot thats a bit richer and get a lot more. My only piss off last season was that I didnt get anything bigger than half a gram.
I catch people claim jumping all the time, and usually its just dads with their kids wanting to play or tourists, which I dont mind at all. They cant find enough gold to bother me. I have caught a few shit heads over the years working my ground with illegal gear, but its happened a lot more to my mates in the area. One guy I know ended up with a full washplant and excavator setup confiscated from a crew of crack heads who were digging on his ground. Getting caught claim jumping is a big deal here, it can lead to your vehicle and all your gear getting confiscated and handed to the claim owner, as well as a massive fine or jail time for the thieves involved.

>>25072189
Holy crap, Ezra Cohen-Watnick is pretty awesome, this should be fun.

I'll refrain from schizoposting but c'mon fellas, something interesting is cooking and I doubt it's all just a frivolous show. Definitely bullish for holders of physical.

Rumors are circulating of Pope Francis retiring by EOY.
Pius XIII when?

King boomer has spoken. Stack silver and miners for 2021!

Hey PMG, I just realized I want a golden chalice to drink from to flex on normies at parties. Where can I get or order one? Doesn't have to be jewel-encrusted (although that would be cool) or very detailed, but I would like to be able to whip it out on occasion.

Looks like Gold's bounce off upper resistance is pretty short term bearish. We'll see if we can hold the white dashed line. We may be seeing a channel reset here with a pretty big dip coming if we don't, towards 1748, with the breakout delayed by a week or two. Personally don't mind that, when you zoom out and have a bigger perspective, gold's chart has essentially gone parabolic since 2018, and more correcting and bigger base building is way healthier than charts that look like moonshots. Like they say, straight up, straight down. This week will be a major turning point. There is a lot else to account for...

>>25072067
Good move

>>25072700
got some stuff to do, but there has to be some sort of manufacturer out there that does that.

>>25072430
Is that your own wash plant or just a picrel?

>One guy I know ended up with a full washplant and excavator setup confiscated from a crew of crack heads who were digging on his ground. Getting caught claim jumping is a big deal here

That's pretty hardcore, was it a mobile wash plant that they drove in there or a big stationary setup the crackheads had enough time to pack in and build? Must've been a special kind of crackhead to have the wherewithal to get such equipment because the ones here are homeless aluminum-can collectors and opportunistic air conditioner copper condenser coil thieves, not particularly industrious.

>>25072648
>retiring
Oh Lord Jesus Christ please please PLEASE come back and unfuck the Church. They've completely lost their way.

>>25072700
Don't flaunt your wealth, you'll get robbed.

>>25072653
Chart is old, unfortunately there have been some bearish movements since he posted. Point still stands though, you'll just get one last shot at cheapies

>>25072519
>Cohen

>>25072016
>>25072070
>It's a 50 gram 90% Silver Coin
I guess it isn't too unreasonable, 2 euros per gram. I might look into buying one depending on how much money I have after Christmas.

>>25072850
Ideally I want a chalice that's only a couple ounces so if it gets stolen and someone runs off with it it's only a couple grand out of my pocket. Plus it's real easy to file a police report when you're the only guy in town with a golden chalice, I reckon.

I drive a shitbox so I doubt I'm going to attract the wrong kind of attention flexing among friends and family.

>>25072889
The mint still has them in stock selling at face value and about €7 delivery, including the €20 version.

https://www.monnaiedeparis.fr/en/node/16943#/le-chene/argent

>>25072833
>>25072648
E. Michael Jones for Pope

>>25072812
Thats a mates washplant I was working on last spring, i am having format issues all of a sudden with a bunch of my old photos but i ll post mine in a bit once I figure out whats going on. This pig had a leak where concentrate meant to go in the sluices was building up under it and we spent a few days hand mining the spillage.

The junkies here steal guys mine setups, the whole thing, camp and all and setup on ground they have cased for a while to make sure no one will be around. They leave a huge mess and than just take off, making the claim owner clean up the damages afterwords. Than the stolen gear usually gets repainted and modified and sold by crooks in the yukon or elsewhere. Same goes for whole excavators and other gear. Its a repeating cycle were trying to stop.

Usually these gangs have one smart / sane person and the rest are druggies looking for a huge pay day. They often get caught red handed while the boss is away and get hung out to dry.

>>25072332
Arguably, everything is worth buying at the right price if you have the means of storing the material. Let's take copper, for example. It has run up about 50% this year. However, if you're a person looking to buy $50,000 worth of copper, do you have a secure place to put about 10,000 kg? Metals such as zinc are worth even less per kilogram than copper and would require even larger storage facilities.

>>25073016
At this point I'm pretty sure I could do a better job and I'm basically full schismatic at this point. We'd definitely bring back executions.

>>25073096
Bro, don’t leave the Church in its time of need. Join tradcath groups and revive the faith among the lay people. Unless by “schismatic” you mean SSPX.

>>25072787
For example the channel we've followed from the beginning of this bull market in near perfect 3 steps forward, 1 step back fashion. Amazingly, after our overshot, (parabolic chart, way too many weak hands and momentum chasers, albeit on the most bullish fundamentals in generations), we've re-entered the channel and seem to be continuing onwards in the stair-step manner. It'd suggest the bottom is 1800 should we continue to correct, with a year end price of $2340 in 2021. Makes a lot of sense.

>>25072787
For example the channel we've followed from the beginning of this bull market in near perfect 3 steps forward, 1 step back fashion. Amazingly, after our overshot, (parabolic chart, way too many weak hands and momentum chasers, albeit on the most bullish fundamentals in generations), we've re-entered the channel and seem to be continuing onwards in the stair-step manner. It'd suggest the bottom is 1800 should we continue to correct, with a year end price of $2340 in 2021. Makes a lot of sense.

>>25073223
>Join tradcath groups
Around me the girls all have tattoos and are clearly not virgins, there's no point. I fully understand the Protestant Reformation now, at some point the Church is so corrupt you literally have to worship Christ directly without bullshit interference and propaganda from the "church".

Also I still want a chalice if anyone knows where I can get one made.

>>25073266
Post long term trend sir please and thank you.

>>25071513
I haven’t washed my asshole in months

>>25072917
>Ideally I want a chalice that's only a couple ounces

Just the cost of having a goldsmith create the thing would probably be a few grand, not sure really but at just a few ounces it would be more like this 48.3 gram 4 & 1/4 inch sterling silver "stemmed cordial" and not a big pimp chalice. Maybe before taking the plunge on solid gold you can get a silver one and have it plated with gold, or just get a classy finely detailed 200+ year old "Georgian" English sterling chalice and call it good.

>>25073087
>The junkies here steal guys mine setups, the whole thing, camp and all and setup on ground they have cased for a while

Thanks for the explanation Pan Man, very interesting. I can only imagine that many an unmarked crackhead grave decorates the BC countryside in spite of Trudeau's anti-gun cuckery.

I'd love to see pics of your setup sometime but no worries, thanks for sharing your experience and wisdom.

>>25072989
I think I might buy the 20 Euro version assuming there aren't any difficulties with it shipping internationally.

Is it worth exchanging paper currency to coins at a bank? any one have any experience with it and what's the best type of coin to get?

>>25073430

>>25073508
If you're hoping to find constitutional silver by chance, dont bother. Many people hace done what you are thinking for decades now.

>>25073508
Bruh just exchange your paper currency for gold or silver

>>25073490
somethings funky either on 4chans side or mine and i am not sure what it is, there was suppose to be a photo on that last post.

Also yes your right, there have been many a random "bag" heard out in this wilderness followed by a random asshole gone missing. I ll be back later I have to figure out if I ve fucked up my desk top or something.

>>25073508
>what's the best type of coin to get?

In the USA, people buy $500 boxes of half dollars to mine for Silver, some people stack nickels, and others buy $25 boxes or bulk $50 bags of cents to search for errors and coppers to stack. Never had a problem getting coins before but some parts of the country are rationing and many banks are sick of the expense of ordering boxes for high volume half dollar hunters and then taking back their searched "coin dumps" so if you do that use one bank for picking up and another for dumping.

>>25073307

And also silver, which has held really strong throughout the pullback, must defend the breakout level at 24 to form a higher low before higher highs. A backtest kind of pattern that is very very bullish. I`m leaning toward this because...

>>25073360
Bruh don’t tell me you’re seriously gonna become protestant without even looking into Orthodoxy

>>25073096
What about that Gary North guy that was shilled a while back? His bio seems to fit the bill.

>>25073508
Get boxes of pennies, sort out the copper and sell rolls of copper pennies on Ebay.
Your next best option is looking through halves which is only profitable if you have a lot of spare time on your hands and look for varieties and NIFCs in addition to Silver.

>>25073714
triple bottom?

>>25073716
Nope, just angry lapsed catholic. The Church itself isn't wrong in the sense that there shouldn't be a Church, it's wrong in the sense that it's occupied by false popes and pedophiles and decades of false teachings will have to be undone eventually.

>>25073714
Nice pattern for sure

I’m waiting for GDXJ to break out of this picture perfect flag to really load up.

>>25072653
>>25072850
>Believing in charts in an actively manipulated market.
Bitcoiners get shat on for playing in market ruled by "whales," but we are the same except our whales are central banks. Buy for the total collapse.

>>25073774
Gary North is a judeophile, the polar opposite of E. Michael Jones

>>25073895
I’m retarded

>>25073914
My bad.

>>25073585
People still find silver in coin rolls all the time, the fuck you on about?

>>25073714
if it doesn't do what your pic says I think it could be in a massive consolidation phase where we crab until Oct 2021

>>25073786
Very possible to form if we don`t hold the breakout. We`d see something approximating this.

>>25073907
Charts have made me a lot of wealth in this sector. Do what suits you though.

>>25074014
Can't see it happening personally. Crabs and corrections are like loaded springs waiting for positive or negative catalysts, and we have all the monetary and fiscal catalysts lined up for us from every government and central bank in 2021.

>>25074093
based on call activity on some LEAPs I've held, this makes sense. I'm starting to see heavy volume at in March/July.

>>25074093
>Charts have made me a lot of wealth in this sector. Do what suits you though.
Are you trading paper?

>>25074178
I mean, you can use the chart to know when to buy physical too, no?

>>25074235
>I mean, you can use the chart to know when to buy physical too, no?
Yes but the problem with that is premiums that equate to transaction fees.
If you have clairvoyant T/A skills you'd want to time your entries and exits, no?

>>25074302
Premium is always 1-1.5 above spot if you’re just buying for weight. If you shift the whole thing up by 1 it still holds the same pattern.

>>25073714
>And also silver, which has held really strong throughout the pullback, must defend the breakout level at 24 to form a higher low before higher highs. A backtest kind of pattern that is very very bullish. I`m leaning toward this because...
A fat cup and handle?

>>25074235
Why would anyone need charts and graphs to tell them to buy bullion, just go out and buy it, where the price is going in the next few years, just buy the fucking stuff and store it

>>25074468
This, silver and gold is just a physical savings account, no need to time your investment like a stock or something, just buy a little bit every week or month or whathaveyou

>>25074583
Yes, Piece by piece

How have we not seen larger land rush into precious metals and miners yet? There are hundreds of thousands of financial advisors in the US alone, serving tens of millions of clients. How have these people, with their economics degrees, MBA’s, continuing financial education certifications, large networks, etc. not seen the writing on the wall yet? It’s bewildering to me that the information on our rapidly debilitating global economy and our increasingly worthless currency is so abundant and easily accessible but yet the great majority of financial advisors are completely asleep at the wheel. What the hell are people actually investing in right now?

DXY is on the skids again, could we get a bounce in metals and miners in time for Christmas?

>>25073960
Doesn't mean it's worth spending hours scrutinizing over coin dates to find a few coins. The yield is just too fucking low.

>>25074583
I'm coinvivor tier and I barely make 45k after taxes. If waiting a week lets me buy an extra few ounces with the same amount spent, it would be worth it for me.

>>25074625
It takes time to turn a boat

The 60/40 split portfolio has worked flawlessly for 40 years now. They are biased to the past.

>>25074625
>How have these people, with their economics degrees, MBA’s, continuing financial education certifications, large networks, etc. not seen the writing on the wall yet?

Because the ones controlling all these fake markets we have are the same ones controlling the education centers, they've been working on this a while anon and are very patient

>>25074683
Yeah silver is just too valuable compared to cupronickel for many people to carelessly leave the former in circulation.

A better strategy for just getting free money is trying to find old relatively pure copper coins. They’re both still realistically in circulation and worth more than face value.

It’s still really a big waste of time though.

>>25074683
This, for the amount of time you spent coin roll hunting to find a single ounce of silver you could’ve worked at a job and bought 100 ounces

>>25074612
BTC is also a savings accounts, if your well leveraged in metals and btc you can weather any economic storm we have coming our way

>>25074583
This is good strategy. If it crashes to cheapie zone that is good opportunity to unleash the dollars and buy a lot

>>25074862
>BTC is also a savings account
Until the ban/hack/shutdown the servers

>>25074945
its all about transferring it to FEDcoin. that is one true and only crypto.

>>25073714
... because a lot of the purest and highest quality silver stocks have made clear breakouts out of the same flag silver is currently in. Miners are leading the metals, which has happened often before during breakouts of corrections and consolidations, perhaps due to the miners not being manipulated. The lesser loved silver stocks are as well all flagging.

Regardless of whatever happens in the short term, which TA can help us understand with higher probability but never certainty, we are in the mid to long term extremely bullish on both fundamentals and charts. Bankrupt governments have no tools but debasement with diminished returns, and as money escapes overvalued mainstream assets, there is a severe lack of safe haven assets for the wall of money coming. Gold is a massive pennant. Silver will form the largest cup and handle in history.

>>25074862
Gold and silver are money. Something about crypto doesn't make me feel safe as a means of value.

>>25074862
>BTC is also a savings accounts
HAHAHAHAHAHA GET A LOAD OF THIS RETARD

>>25075331
If you bought BTC at any point before like a week ago, you would be in the green right now, I'm not even denying metals purpose in someones portfolio, but missing out on an innovative new form of money because "muh hackers" or "muh china" is just being stubborn

>>25075408
BTC is a speculative asset that tracks the market. It is not a store of value or ever going to be a currency.
Deflationary currencies don't work.

>>25072067

I just watched this and now the bill isn't going through. HOLEEE FUCK. We're going to the moon gents.

>>25075408
money is not "innovative," you are thinking of currency.

>>25075439
But I thought stimulus was extremely bullish?

>>25075634
They most likely cancelled it to increase it from $600 to $2000. Read a book before your ADHD worsens.

>>25075660
need to snip off all the bullshit to foreign countries too

>>25075634
Civil War is the most bearish case for the dollar possible, hence extremely bullish for us.

>>25075660
>They most likely cancelled it to increase it from $600 to $2000. Read a book before your ADHD worsens.
Trump did it to ruin congress' Christmas and he will probably end up pocket vetoing it since you know they won't remove all the pork and other hidden gotchas.

>>25075711
Trump is going to demand Congress give $10 billion to Israel, that’s the only reason why he would VETO it

>>25075787

I'm not gonna lie but this is going to be VERY likely. I could see Trump cutting off the pork but he might leave the rest alone if he gets his 2000 Dollar Mark. Eitherway, we're all heading towards the same direction. Still a bold move on Trump to post it on twitter. I can hear those Politicians Seething right now.

>>25074775
This is true. You are better off grabbing a side gig like driving for uber and dumping your earnings into junk silver every week. That will net you much more than sifting through silver. If you have a big jug of coins laying around, sure, definitely sort out the good stuff while you watch TV or something.

>>25071637
It ain’t much. The dime is just for comparison

>>25071637
Did you get raped on premiums for that Korean gold?

>>25074583
Yep! Dollar cost averaging is the only sure fire way to succeed long term in physical metals.

Yeah it looks like we’re on the way back up. Seems like people really do buy and sell PMs precisely on the basis of what the DXY is doing.

>>25075886
>I can hear those Politicians Seething right now.
Every Anti-Trump person is basically having their brain implode in general. Really hurts their pre-programmed mind that Trump is agreeing on a fundamental issue with them. The New Narrative and damage control currently being crafted is quite funny if it weren't totally Orwellian.

Honestly, I hope talks nose dive even further. The more the markets are denied their stimulus hopium, the more money is likely to rotate into PMs.

>>25076152
this, 600$ is a slap in the face if im honest, im fortunate to have a job that secures me basically to the wall until it goes under and the copper scrappers show up. people need more, we need these bullshit bills and add ins to stop. were just giving away our kids futures to 3rd world countries that need to learn to solve their own issues

>>25076376
>people need more,
Yes let’s give $500 million to Israel and $1,800 to each illegal alien (plus $500 for each of their several dozen children)!!

>>25076376
>>25072067

$2000 can buy a person 60 ounces of silver. 60 ounces of silver puts a person in the top 1% of silver owners in the world, according to Maneco64.

If silver juniors are going 100x by the end of this bull market, then you could also eventually convert this $2000 into a small house.

Just put in my first ASE order, time to finally embrace being a redblooded American instead of owning a bunch of fucking leafs.

>>25071513
Thanks for baking twice. I was busy irl like you said >>25071079. I read through rich dad poor dad, and richest man in babalon. Currently going through Thomas Sowell's Black rednecks and white liberals. I have been trying to get back into the move from the news of the IMF & craziness of the world, but I will see if I can bake one tomorrow.

>>25076528
Ehhh maybe historic charts say we get to 5000oz for a house for sure

2000oz maybe

Your 60 is a half decent start to a downpayment with a best case scenario

>>25076025
>Did you get raped on premiums for that Korean gold?
Not really it was about the same for a 1oz AGE

>>25076694
>Currently going through Thomas Sowell's Black rednecks and white liberals.
Isn’t that one of his “FUCK WYPIPO WE NEED REPARAYSHUNZ N SHIEET MUH NIGGA BIX NOOD” books?

>>25076452
did you just intentionally not read what i said or are you just being facetious?

TD has a sale on a lot of its silver ,if any Canada anons are looking to buy.
Right now they have 1oz pieces for $2 cheaper than silvergoldbulls assorted rounds.

>>25076745
No, he is saying, "You niggers are taking it from the liberal whitey to take advantage of you. Stop begging for money and chimping and start being sane. You are culturally appropriated white culture."

>>25076694
No problem, busy snooping on Google earth at Eskay Minings territory. Hay has that one anon from last night come back, the machinist who wanted info on buying a claim?

>>25076732

Think that 50x for physical silver is the most optimistic idea (which happens if we get something like Dow:Gold ratio 1:1, and GSR 14:1.) $20,000 gold / 14 = $1,428 silver. By the 100x I was referring to mining stocks, but I suppose that, if silver got that high, the miners would go more 1000x than 100x.

>>25076815
I have no idea. However, how was canada? I remember canada finally stuck it to china.

>>25076801
I'm a canadian anon with 38k CAD/30k USD....should I get physical physical only? what about something like CEF (sprott physical gold and silver trust)...I dont expect the world to actually end which is why im hesitant in getting physical gold and silver, I just expect CAD to be worthless and know that the world will always need silver and gold

>>25076837
Yeah true but if we’re in that hardcore of weinmar hyperinflation do you think the brokers would ever let you “cash out”

Venezuela had the best stock market performance for a decade straight but nobody could pull funds out lmao.

>>25076596
>Just put in my first ASE order, time to finally embrace being a redblooded American instead of owning a bunch of fucking leafs.
The leaf is a beautiful coin, ngl. But the ASE is beautiful in its own right as well, especially in the hand.

>>25076807
Ah ok, I was under the impression that he was one of the reparations touting blacks. Sounds like he’s more akin to Malcolm X before he cucked

>>25076883
I’m going all physical do to all the blatant great reset talk

I’m not even a full on scizzo or anything either it’s the safest bet with all this bullshit in the world

>>25076906
Yeah leafs and krugerands were my first purchases earlier this year before silver shot up in price, I find them both very attractive coins, but I think there will be something different about having a silver eagle in my hands.

>>25076913
He was in Minton freedmen's free to choose episodes at times. He is also a classical economist that is still alive now.

>>25076838
quite a few whining chinese on CBC this morning complaining our markets "not diverse enough" and that were "anti competition". Seethe harder chinks thats our gold.

>>25076892

It's not unthinkable for gold and silver to get that high. Inflation-adjusted all-time high for silver was nearly $1000, and that wasn't hyperinflation, nor were you unable to cash out.

>>25076883
If you expect CAD to be worthless, then why would you buy stocks that are based in CAD?
Regardless of that, you should be comfortable with having 40% of that in physical.

>>25076973
Yeah. They think black face trudou will be a whitey left that they say to mock you. AKA, they think you will eat dog shit and pay them for it. Remind them about the boxer rebellion and the opium wars to piss them off.

>>25076986
Busy out the charts fag I showed you mine, show me yours.

I’ll buy either way just curious on what info you have

>>25077021

Just go to the Dow:Gold ratio charts and the Gold:Silver ratio charts and look at 1980-84. You'll see that the GSR goes 1:15 in 1984, the Dow:Gold ratio goes 1:1 in 1980. If we get those circumstances again in confluence, silver would be $1000 an ounce. $850 or $900 inflation-adjusted ATH figure is from both David Morgan and Greyerz.

>>25077013
so i guess ill just buy two of these

>>25077021

Simply go to the Dow:Gold ratio and Gold:Silver ratio charts and look at 1980-84. You'll see that the GSR goes 1:15 in 1984, the Dow:Gold ratio goes 1:1 in 1980. If we get those circumstances again in confluence, silver would be $1000 an ounce. $850 or $900 inflation-adjusted ATH figure is from both David Morgan and Greyerz.

Dow:Gold ratio in this chart (16:1 today, 1:1 in 1980)

>>25076945
>Yeah leafs and krugerands were my first purchases earlier this year before silver shot up in price, I find them both very attractive coins, but I think there will be something different about having a silver eagle in my hands.
Yes it was profound, there was something special about the ASE while I was handling them putting them in the capsules. Even though the gloves, it was unlike any other coin I've messed with.

Krugs are sweet too, to paraphrase another anon from a few /pmg/ threads back, the 20 / 20 date on this year's coin is pretty kino. Also, low premiums. Got a tube coming in this week.

>>25077021

Simply go to the Dow:Gold ratio and Gold:Silver ratio charts and look at 1980. You'll see that the GSR goes 1:15, the Dow:Gold ratio goes 1:1. If we get those circumstances again in confluence, silver would be $1000 an ounce. $850 or $900 inflation-adjusted ATH figure is from both David Morgan and Greyerz.

Dow:Gold ratio in this chart at top (16:1 today, 1:1 in 1980), Gold:Silver ratio bottom.

>>25077140
Why not buy some gold, too? Gold on the TD website is overpriced, right now. The silver was the only thing that was decently priced; but only on "on sale" pieces.

>>25077021
>>25077206

And this picture shows what happened to silver juniors when silver doubled. If they went 150x when silver doubled, then 1000x when silver goes 50x is not unreasonable to think.

>>25077156
Ah I see what you’re saying

Dow/gold to 1:1 and at the same time silver to gold to willow to 12:1ish

Got ya

Yeah in that scenario sure, but you’re assuming dow stays at 30k and doesn’t go to the core of the earth while going to that ratio hahah.

I’m using silver also to hedge/buy into the coming real estate colapse but looking at charts doesn’t seem like it’s a good play.

The guys who bought gold/silver around 2000 did it right

>>25077206
>Simply go to the Dow:Gold ratio and Gold:Silver ratio charts and look at 1980. You'll see that the GSR goes 1:15, the Dow:Gold ratio goes 1:1. If we get those circumstances again in confluence, silver would be $1000 an ounce. $850 or $900 inflation-adjusted ATH figure is from both David Morgan and Greyerz.
>Dow:Gold ratio in this chart at top (16:1 today, 1:1 in 1980), Gold:Silver ratio bottom.
Your example in 1980 is an outlier event and should be tossed

t. https://en.m.wikipedia.org/wiki/Silver_Thursday

>>25077272

The stuff about the Hunt Brothers is propaganda. They did nothing wrong, simply took delivery on the COMEX and exposed it as a fraud. Same thing is going to happen today. A GSR of 1:14 isn't an outlier, it's the historic standard. At times the GSR has been 1:3 and even 1:1, and that could very happen if silver gets monetized again. And a DGR that stays 1:1 may very well happen if gold gets monetized again.

>>25077234
silver is just as conductive as gold (almost) and is easier to mine, should move up faster than gold when CAD drops to shit

>>25077016
yea well there doing their reverse opium war on us right now, two weeks ago a cargo container with two metric tonnes of carfentanil was caught at the Vancouver port. Their rather good at smuggling that shit.

>>25073508
Anon >>25073680 has it dead on. Avoid anything except half dollars if you're only after silver. Quarters are circulated too often, and dimes are so small as to not justify the box for that one silver dime you might find.

Only get quarters if they're all uncirculated 2019/2020s, as you can look for the W mint mark on those years to score about $12-$25 each, depending on the design and condition.

If you're after silver dimes, unironically start checking Coinstar machines (yeah, those big green things in the grocery store that people dump change into). Funny thing is, Coinstars only want modern clad coins, and it rejects anything else, including silver. If the person using it doesn't know about or want those rejected coins, anyone can come by and take them. The reject slot is about knee height, and you may get some weird looks sometimes, but free silver is free silver.
Myself, I have a full tube of dimes just from coinstar machines, and am slowly filling a second one. You may sometimes find silver quarters, but my experience is that they're far more rare to find than dimes.

Now, Anon >>25073585 is wrong that it's all gone and you'll never find silver, but do keep in mind that it's basically treasure hunting, and should be kept to just a hobby.
I hunted half dollars for a little over a year back in 2018, and from that, I found roughly a roll's worth of 90% silver halves, and about 3 rolls' worth of 40% halves. About midway through, I went from hunting one box a week, to hunting two, as I'd had more free time. It helped a little, but it was a lot of work, especially when I was only using $500 to do it. I'd have to pick up one box, hunt it, return it, then pick up the other and hunt/return that all in the span of a week. Wound up having to use the currency later on, so I stopped, and the second stint produced nothing before I got cut off by the coof, so I don't really count that.

>>25077408
That is the unrestricted warfare that NTD and Epoch time are talking about.

>Klondike

>>25076376
What the idiot politicians who want endless lockdowns won't do is declare a moratorium on principal and interest payments until the economy is fully re-opened. That would vastly curtail the need for stimulus funding. But that would deny creditors from foreclosing or seizing assets due to default.

If the entire $1T stimulus were given to individual Americans, that is only $10,000 per household. If the seemingly incoming Biden administration does its lockdown and the vaccines are not quickly forthcoming, the $10,000 would not even cover one year's rent for Americans never mind food, utilities, insurance, and other necessities.

>>25077470
https://www.c4i.org/unrestricted.pdf
https://fas.org/nuke/guide/china/doctrine/unresw1.htm

>>25077520
o yea same with the chinese starting a culture clash between natives and anyone else trying to fish for lobster on the east coast. those fucks are so sneaky.

>>25077512
???

I have come to realize that holding physical precious metals is a form of idolatry.

>>25077616
It is all about their century of humiliation. They want to be on top of the world as a hegemon. The USA is the only thing standing in their way so they use canada and other ways to dethrown it.

>>25077507
Pumped a whole lot, a little too soon, for no specific reason. I sold half my shares. Took profit, left my initial investment in. My first free money play. I moved those shares into blue lagoon.

>>25077666
satanic trips dont lie...
at least canada is trying lately to move away from chinese influence, not sure how long thats going to last though.

>>25077616
Chinese are gook bastards that rape the earth. They deserve to be wiped out at least half of them.

>>25077707
Trudeau is a cuck lol. He deserves to be strung up from a light post, the faggot.

>>25077653
It depends anon. Is silver or gold preventing you from worshiping god? Is the iron makers who created a silver statue to artemis from paul in the wrong for casting silver? Silver itself is like money. It can cause the original sin within man to come out, but that does not mean it in of itself is wrong since god originally created it.
>>25077707
They will not last long Pan man. Most people do not when it comes to infinite currency in this world (for the moment).

>>25077013
CEF, the Central Fund, is a trust that holds roughly 50% of its assets in gold and 50% of its assets in silver. It is an easy way to buy and sell gold and silver albeit in the form of shares in a trust versus physical possession or allocation in your own name. As for owning shares in a Canadian company, even if the Canadian dollar goes the way of the Zimbabwean dollar, Canadian companies that produce real goods and services will, in the long term, protect purchasing power. Short term, the holder of Canadian dollars could see tremendous misvaluation in the stock where it maybe have far greater or far lesser purchasing power than it should.

>>25077714

Communists aren't the real Chinese. The real China is Taiwan, which is an excellent country. All the real culture and history has moved there. The mainlanders are ruled over and indoctrinated by a tyrannical regime. Sad thing is that the West has fallen so far that we have to rely on the communist Chinese dumping the dollar and issuing a new gold-backed currency to escape from this New World Order/Great Reset agenda.

>>25076801
Fuck TD (they are currently fucking over this anon with hidden exchange rate fees) go to your LCS and support them instead of these shameless Epstein estate handlers.

Also is it time to double down on gayhorse? Have a few hundred $$ @ .14, should I just wait and not commit more and breakeven eventually, save it for other plays like THM, CCW, TECK, Impact, Nicola etc.

I have about 12K that o forgot about in my TFSA, another 6K in a few days (Fuck Trudeau for reducing it from Harper-era 10K).

Gunna add more MSFT, ARKG etc with some of that dough too

Taking my first step into pmg, got a 1/2oz gold coin on the way too.

Any advice for a beginner?

>>25077775
Chang kai shreck was the US's original ally. Kissinger backstabbed the world with the CIA, and now the world has to pay for taking advantage of it. Look up Peter Zeihan, and his view on the geopolitics to get the demographic, and historical trends for a different macroview. That does not mean you have to agree. It is just a different way of looking at the same data.

>>25077775
The old school chinese I ve had the pleasure of meeting were some of the best humanity has had to offer. They basically worked themselves to a crippled state so their kids wouldnt have to. On the opposite side the modern mainlanders I ve worked with and lived around were horrible scum low lives more often than not. The cultural change is massive.

>>25077434
I keep reading about scumming CoinStars, and the most I've found is a handful of pennies (quite a few coppers, even) but never any silver. FBM :(

>>25077336
>The stuff about the Hunt Brothers is propaganda. They did nothing wrong, simply took delivery on the COMEX and exposed it as a fraud. Same thing is going to happen today. A GSR of 1:14 isn't an outlier, it's the historic standard. At times the GSR has been 1:3 and even 1:1, and that could very happen if silver gets monetized again. And a DGR that stays 1:1 may very well happen if gold gets monetized again.
Reading the article again, the bros singlehandedly JPM'd their way into the comex silver market, then they changed the rules to where you can't do it on leverage. But JPM is so huge and their pockets so deep they can do it outright today...not even accounting for the repeal of glass-steagall in '99 for them to be doing it with their own customer's deposits and fractional reserves, which are zero today lol

>>25077875
Look at findbullionprices, and compare. Put this all into an excel spread sheet to get your premiums and all. If you do not, then you will forget how much you paid for it & be hesitant. Remember, get a 1oz gold coin for lower premiums, or get sovereigns if you want to stack gold regularly. However, I would play along with the silver gold ratio and stack more into silver once it is above 45-55, and stack more in gold once it is below it.
Welcome to the club

>>25077512
i dont really wanna break all this down since im on the way to bed but. the whole problem and why almost all of us is the perpetual cycle of our government (and the FED/IRS) fucking us in the mouth with perpetual debt since the 30s. i think 10k is a really great number and all but from my point of view the whole system of paper is worthless anyway. 10k might last for rent alone but not food/bills/healthcare/kids/etc. the problem is frittering away this money to namibia/israel fuckin whatever shithole they can come up with and its OUR taxes. its fuckin theft on a national scale. 600$ is a "fuck you sit there and shut up" and frankly its infuriating this is how our system works. 2k for CITIZENS and other stipends for small businesses is something id pay for. they can shove that bill up their ass for 600$

>>25077861
I am looking at Bayhorse's Morrison Property on google earth right now with Map Places mineral asset map opposite, there are a LOT of small incredibly high value targets surrounding their property, too bad a lot of them are basically in residential territory now and couldnt be accessed even if they wanted to.

>>25077637
The idea is that rather than doing all this garbage with neverending stimulus packages loaded with all sort of pork for illegal aliens and foreign countries, not to mention God knows what other crazy laws, a suspension of debt servicing would provide all Americans (renters, home owners who have a mortgage, tenants in commercial real estate, landlords of commercial real estate) with immediate relief and a good number of them could survive on their savings or maybe a reduced income. I forgot to mention above that all income taxes and property taxes should also be suspended until the economy is re-opened.

Doing this puts the pressure on the politicians who are currently playing with people's lives with bullshit lockdowns while giving out crumbs from the pork pie. $600 of stimulus is about the one week's gross income for the average American. Meanwhile 90% of the stimulus package is a pure grift. To enable Americans to service their debts and expenses for 1 year--a possibility that the politicians will continue to call for more lockdowns since they are too stupid to know how to control it--is Congress going to pass 50 $1T simulus bills so that Americans can get 1 years worth of wages to cover their expenses while waiting to be called back to work?

Suspension of debt service and taxes puts *all* of the pressure on the politicians to get the economy re-opened as quickly as possible. They would be unable to hold the entire population hostage as even their source of funding (taxes) is dried up until everyone goes back to work and is able to make a living again.

>>25077959
corona is a fucking lie too, night /pmg/

>>25077666
>It is all about their century of humiliation.
Those stupid chinks fail to realize that the greatest humiliation of all was at their own hands. No one caused the Chinese people more suffering than Mao, his stupid ideas/policies, and the people stupid enough to follow him.

>>25078009
>The idea is that rather than doing all this garbage with neverending stimulus packages loaded with all sort of pork for illegal aliens and foreign countries, not to mention God knows what other crazy laws, a suspension of debt servicing would provide all Americans (renters, home owners who have a mortgage, tenants in commercial real estate, landlords of commercial real estate) with immediate relief and a good number of them could survive on their savings or maybe a reduced income. I forgot to mention above that all income taxes and property taxes should also be suspended until the economy is re-opened.
>Doing this puts the pressure on the politicians who are currently playing with people's lives with bullshit lockdowns while giving out crumbs from the pork pie. $600 of stimulus is about the one week's gross income for the average American. Meanwhile 90% of the stimulus package is a pure grift. To enable Americans to service their debts and expenses for 1 year--a possibility that the politicians will continue to call for more lockdowns since they are too stupid to know how to control it--is Congress going to pass 50 $1T simulus bills so that Americans can get 1 years worth of wages to cover their expenses while waiting to be called back to work?
>Suspension of debt service and taxes puts *all* of the pressure on the politicians to get the economy re-opened as quickly as possible. They would be unable to hold the entire population hostage as even their source of funding (taxes) is dried up until everyone goes back to work and is able to make a living again.
Preach, anon. Have a (You) and a libertit

>>25078009
Also remember that the fed is directly lending to medium and large municipalities so they can have liquidity even if incomes bottom out. Not sure if that extends to states and counties though but everyone seems to be eligible for a fed loan at 0.00-0.25%

>>25077887
The Chinese you dealt with were not utterly corrupted by decades of Communism. I think the Chinese in Canada are different from the Chinese in the US. In the US, prior to 1999, the Chinese in the US likely never lived under a Communist regime--they probably all fled from China to Hong Kong, Malaysia, Macao, Taiwan, etc.--before coming to the US for graduate studies after graduating from the best colleges of the countries they emigrated from. As you say, they are an entirely different *class* of people from the mainland scum who are some of the most ingenious, shameless, and persistent grifters you could ever have the misfortune of meeting.

>>25077933

The Hunts basically exposed what would happen if people did all take delivery on the COMEX, and how little metal is backing the derivatives. The manner in which they were ruined by the government deterred any other single individual from trying to bankrupt the COMEX again, but, when everybody flocks to precious metals during this currency collapse, the COMEX will lose all credibility and default for good. Then we get the 1:14 GSR back, except it actually will stay that way this time. Or perhaps even go to 1:3 or 1:1 if Mexico and the other Latin American countries monetize silver again.

>>25077861

Bob Moriarty bought BHS at 0.14, and that was in late 2018, when silver was still $15. He endorsed it again yesterday, says that he "loves it" and that he "bought a boatload." Just goes to show that the people fudding it don't know what they're talking about. If KS can go 3.5x with no news, no drilling, and a ghost management team, I know BHS will do the same when it gets re-rated as a producer.

>>25077751
Youre assuming the TSX/TSXV/NYSE will maintain operations in your future.
Why would they do this?
>>25077861
How are they fucking anyone over? The TD rate is $34.88CAD for the cheapest rounds. Non-TD rate is $35.93. Find me a cheaper toz of silver in Canada, right now. An LCS is going to be ~20% above spot, right now; trust me on that.
Who cares about Epstein, this is about silver.

>>25078009
Your math is retarded.

>>25077983
Fuck, I wish bayhorse could just bribe those tribes with dough like Trudeau does, the amount of silver in there would be very “reconciliatory” for all parties involved.

I guess I’ll just stand firm on BHS then until it “moons” to .25 or something lol.

By the way thanks PM for some of those tidbits on your panning experiences. We were talking yesterday about placer claims in Similkameen beach, glad you were able to sniff out the bs there.

But man those stories of junkies stealing equipment has me shook. It’s alrady bad enough losing a $200 China Tire bike here out east to those bastards.

>>25078217
I ll give you the clearest example I can on how different the two mindsets are.

The elderly Chinese men I met in the Cariboo and in Telegraph Creek were the kindest, gentlest people you could meet, but you could tell from the way they did things that they were also incredibly hard people. They were clean and polite, completely nonwasteful.

Meanwhile on the other side, in my short stint while working at the Barkerville historic site, I witnessed two chinese people drop their pants in the middle of the street and take a dump. Their children constantly threw rocks at people and horses. They spat and snorted everywhere they went. They were unapologetic slobs.

I prefer the former to the later thank you.

>>25078290
A bourse going belly up does not change the fact that you still have an ownership stake in the company. Unless the Canadian companies themselves somehow disintegrate with the disintegration of the Canadian dollar, there is still real value that will protect a person's savings.

>>25078352
The only person retarded is you because there is no real math in my statement. It is more an argument for a policy that is far better than the endless pork barrels being argued over in congress which will provide little succor for Americans who lose their entire incomes due to governments forcibly putting them out of work.

>>25078388
O good I was hoping you would be back, and yes you really have to be careful today. Heck we have a gold rush going on, its to be expected. By the way, I am not sure if I am capable of properly explaining all the ins and outs of getting into claims in BC, but Youtube is loaded with tutorial info on how to do it, so i ll post some links for you to get you started with the basics.

Also heres where Bayhorses Harrison / Morrison property is located. That whole mountain is riddled with workings, as is that little island out in Harrison lake.

Also if anyone is interested, i took photos of goldsmith markings from a book at a local shop. I can maybe post more or make an imgur album if anyone wants

Pic related

>>25078441
Americans only got about 12% of each stimulus bill. They could have given everyone 30k on the last one and about 10k on this one that would have fixed the economy, literally saved it but inflation might have occured. I really dont care though. Thats what they should have done if they were going to spend that much money and anything other than that is a disgrace. Mind you, i dont want them spending the money but if they were going to spend it 90% of that money should have gone directly to the people. Remember, we know that covid is a hoax now but back in march we thought it was the end of the world and the government did too. Remember that, when they thought the world was literally ending, the best they could do was a "sorry about that, here's twelve hundred bucks) and then trillions of dollars go to corporations and special interests. Remember that. It was the "literal end of the world" and that was the best they could do. They all deserve to be strung up from light posts imo.

>>25078397
>They spat and snorted everywhere they went.
Obviously Communists who great up in pre-2004 China. I think this behavior has largely stopped in metropolitan China thanks to their experience with SARS. I had a friend from mainland China in the 1980s (he was a student who eventually refuse to return to China and defected instead) who told me that in that era, people in China would just blow their noses in their hands, all while making incredible loud noises, and then wipe the mucus on a nearby tree. This was considered absolutely normal and the action I described would not draw any attention. Everyone, men and women, spat everywhere and anywhere. Some were expert marksmen with their loogies. It was said that Deng Xiaoping himself could hit tiny bugs 6 feet away by spitting at them.

Hey, does the oldsilver guy still lurk here?
You gave me some coins in the giveaway as N. Higgers, and I'm finally gonna live up to my promise and buy some stuff off of you. I was considering getting some Nicholas Rubles but decided against it because you don't have any pictures showing their condition.

>>25078411
You should dyor on the many companies that have gone tits up, with share holders receiving nothing. There are many; GM being of those many.
Tell me more about shares holding value in the event of a business going tits up, and how it's more valuable than physically holding PMs

>>25078632
It goes without saying that if you own shares in a shitty company, of course you're going to lose money even if the currency in which the shares are denominated are as good as gold. If you own shares of, let's say Apple or Microsoft, do you really think your shares are going to be worth $0.00 if the USD goes to shit?

>>25078491
Man google earth is the shit for finding mines of all shapes and sizes (especially open pit mines).

My once unemployed and spergy ass used to mark every single mine in Europe, as well as solar panels farms etc. I always remember there being a ton of mines on the Czech-German border.

And I will look out for those “getting started” videos later today.

Back to sleep, only one more day till holidays, family, and building a comprehensive metals portfolio for 2021 and beyond!

>>25078290

>Youre assuming the TSX/TSXV/NYSE will maintain operations in your future.
>Why would they do this?

The stock market didn't disappear during the Great Depression. If you owned Homestake Mining (now called Barrick Gold), you made 6x. Considering that most stocks dropped by 90%, more like 60x in real terms.

>>25077013

>If you expect CAD to be worthless, then why would you buy stocks that are based in CAD?

If you buy a stock, then you own a part of a company as your property; it doesn't matter what currency you purchase it with, or whether that currency goes to zero. When Italians changed from the libra to the euro, their stocks didn't suddenly lose their value. They were able to cash them out for the new currency.

Besides which, the miners always have the option to pay their shareholders a dividend in gold and silver.

>Regardless of that, you should be comfortable with having 40% of that in physical.

Eric Sprott, Tom Kaplan, Ross Beattie, and Ricardo Salinas Pliego, have 90% of their net-worth in PM mining stocks.

>>25078717
night mate i ll have a little list ready for you Merry Christmas to you too!

>>25078692
Effectively, yes, because the value of those shares if denominated in US$. The exchanges these are operating on are American exchanges.
Why would you think these exchanges would continue to operate, if the USD is quickly debasing itself?
Again, there are many times where a company has gone through restructuring and the share holders have been left out to dry. Bond holders are the only ones to receive any compensation, as they ACTUALLY hold company debt.
>>25078778
>If you owned Homestake Mining (now called Barrick Gold), you made 6x. Considering that most stocks dropped by 90%, more like 60x in real terms.
Where is your proof that they honoured any shares held during/after these periods?
Do you not know that MANY companies have filed bankruptcy, delisted, then relist several years later on stock exchanges?
>Besides which, the miners always have the option to pay their shareholders a dividend in gold and silver.
what youre saying is ridiculous, and i dont even have a rebutal to it
>Eric Sprott, Tom Kaplan, Ross Beattie, and Ricardo Salinas Pliego, have 90% of their net-worth in PM mining stocks.
Thats nice. I said they should "be comfortable" with having 40% of that in physical. Are you saying I'm wrong, or just that everyone should be an ultra PM bull?????????

>>25078625
I just received my oldsilver order and maybe this will help

>>25078625
>>25078905
Some wear and dings but they are both quite nice. I am thinking about ordering a few more, but the prices have gone up since I put my order through. Also received some reich coins and other ussr stuff, and they are all quite nice. Some have more patina than others.

>>25078894

>Where is your proof that they honoured any shares held during/after these periods?

Look at any chart of Homestake Mining, it's a fact that it went up 500%.

>>25078894

>Where is your proof that they honoured any shares held during/after these periods?

Look at any chart of Homestake Mining, it's a fact that it went up 500%.

>what youre saying is ridiculous, and i dont even have a rebutal to it

No it isn't. That isn't ridiculous at all. The mining companies have paid metal dividends in the past, and could do it again any time they wanted. Dave Kranzler was talking about this only a couple of months ago, and Keith Neumeyer has floated the idea.

>>25077948
Why get sovereigns? Is that better than other 1/4 ounce or 1/2 coins?

>>25078894
*sigh* After this, I am not going to reply to any more of your postings because you're either obstinately stupid or just seeking an argument that you cannot possibly win in a court of logic. The failure of a *bourse* (a stock exchange) does not mean that all of the companies that trade on that bourse suddenly become worthless. And again, it goes without saying that a company that is heavily indebted and cannot turn a profit puts its stockholders in peril. This is true whether the currency used is strong or weak.

So, if the stock *exchanges* of the US went bust, it does NOT follow that all publicly traded companies in the US go bust. Likewise, if the USD were go become worthless as the Zimbabwe dollar, it does not mean that all stocks in publicly traded company become worthless. Finally, even if the USD became worthless AND all US stock exchanges went bust, it does not necessarily mean that all publicly-traded US companies go bust. In fact, it is practically guaranteed that reasonably well-run companies with strong balance sheets such as Apple, Microsoft, Berkshire Hathaway, Procter & Gamble, Johnson and Johnson, etc. would survive and a person who owned stock in those companies would, in the long run, preserve a good portion if not all of his purchasing power.

This isn't magic. It's not a scam. It is the nature of capital structures and economics.

OC for you /pmg/

So I'm still relatively new to the pmg game, only a few months now. I started doing the ping test on some silver coins, and good lord. The sound is fucking magical.

>>25079060

I agree with everything you say about the stock markets in general, and thank you for making those points. The only place where I disagree with you is here:

>In fact, it is practically guaranteed that reasonably well-run companies with strong balance sheets such as Apple, Microsoft, Berkshire Hathaway, Procter & Gamble, Johnson and Johnson, etc. would survive and a person who owned stock in those companies would, in the long run, preserve a good portion if not all of his purchasing power.

I don't believe that somebody who owns these stocks, or almost any of the mainstream stocks, will preserve most of their purchasing power. The death of the dollar means that all the bubbles will deflate, and every stock will return to fair value. Apple has a P. E. ratio of 40, and I expect that that stock (for example) will lose at least half its value in purchasing power. You didn't mention stuff like Amazon and Tesla, but obviously the situation there is even worse (P. E. ratios of 100 and 1,300 respectively).

>>25079020
paying dividends in bullion would be a game changer

>>25078990
>>25079020
Yeah, it was AQUIRED by ABX, not actually an old form of ABX.
Why lie to me?
>>25079020
>The mining companies have paid metal dividends in the past, and could do it again any time they wanted
Again, what youre proposing is ridiculous and should be looked at as such. Youre really implying I'd get div payments in the form of PMs? Come on, don't be fucking silly.
>10000 shares
>get sent 1/60 toz of silver
Its absurd.
>>25079060
Youre nitpicking. Any single person does NOT actually own shares in ANY company unless they FORMALLY ASK the exchange they purchased those shares on, for the ACTUAL share documents; do you know this?
Are you really going to act like a fucking cunt over miniscule disagreements? A stock exchange is NOT safe for preserving value.
Why youd argue this in a PRECIOUS METALS GENERAL, I have no idea.
AGAIN! Have fun with the many GM share holders post-2009, after GM filed for bankruptcy.
>t. drive a 2014 GMC Terrain
Surely since I have a 2014 GMC, it must mean that the share holders Pre-2009 would have received something; right?

>>25079020
>it's a fact that it went up 500%.
a few years earlier it wend down thousands of percent. But that's not in your chart because it was a privately owned company and the US government shut it down along with every other gold mine in the land.

its gains never caught up to what it was worth before that, and they never will.

>>25079148
Saved.

>>25079148
Well done anon. Beautiful. Worth to be put in the next OP

>>25079292

>Again, what youre proposing is ridiculous and should be looked at as such. Youre really implying I'd get div payments in the form of PMs? Come on, don't be fucking silly.

>10000 shares
>get sent 1/60 toz of silver
>Its absurd.

You would only get an ounce of silver for a dividend if you owned a certain number of shares. Although even what you propose could easily be achieved with gold-backed cryptos like Kinesis, in which you can transfer allocated bullion which is divided just as fractionally as Bitcoins are into satoshis.

>A stock exchange is NOT safe for preserving value.

When you panic about stock markets failing like this, you're actually giving way to the gold-haters, who behave as if the whole of society would collapse if we had a currency collapse. The stock market didn't disappear during the Weimar Germany hyperinflation, or the Great Depression. Fiat collapsing would make society a better place, not a worse one. It's not going to look like a Fallout game. That's what Keynesians want you to believe.

>>25079192
>Apple has a P. E....
You are correct on that. I was looking for concrete examples and these were the only companies I could think of that had reasonably strong balance sheets, actually made things (no bullshit financial products), and didn't have out-of-this-universe P/E ratios. The US markets are, in aggregate, the most overpriced equities on the planet among major economies but, being an American, American companies are the ones I know the most about.

If I could have thought of a well-run company with a strong balance sheet, a good business, and a pretty cheap P/E ratio, I would have named that as my example instead and bought a good number of shares, too. :)

>>25078974
Hey, thanks anon. Guess I should've gotten em. Oh well. I'll get some with my gibs.

>>25079402
>You would only get an ounce of silver for a dividend if you owned a certain number of shares.
This is not a dividend, its just you making up arbitrary amounts to dividend payments.
>The stock market didn't disappear during the Weimar Germany hyperinflation, or the Great Depression.
You need to physically hold the shares that come from exchange purchases. Why not just OWN physical PMs?
Stock markets and holding COMMON shares is not safe for preserving value. Suck my fat cock if you feel like they are.

>>25077894
Well, it does depend on how often you check. If you only check once a week doing your grocery shopping then yeah, you won't find much. For the past year, I've wagied at a place that has one and is why I have so much in finds.
Your best bet is to find one you can check once a day and give yourself other reasons to check more often. It happens, and people doubt until it happens to them.

>>25079510

>This is not a dividend, its just you making up arbitrary amounts to dividend payments.

It's called a dividend in specie. Resolute Mining has already done it.

http://gata.org/node/16711

"Shareholders in Resolute Mining will have the option of collecting dividend payments in gold bullion, under a new policy believed to be the first of its kind in the world.

The gold miner announced today that it would resume dividend payments, declaring a 1.7-cent per share final dividend for the 2016 financial year under a new gold sales-linked dividend policy.

Resolute, which has not paid consistent dividends since the late 1990s, joined a group of local gold miners reinstating or raising dividends amid the best conditions the sector has enjoyed in recent years.

But with a twist.

Shareholders who hold 5,000 or more shares in the company can elect to receive dividends in gold bullion paid into a personal account held with The Perth Mint."

>Why not just OWN physical PMs?

Because I'm not going to panic like a coward and expect the world to burn down, or turn into the Capital Wasteland, simply because fiat currency goes away. I expect things to get better, not worse, when that event takes place. I intend to stay in my mining stocks, and reap the rewards of my confidence in silver. I am 100% sure that silver is going to soar, and so I have chosen to invest in the most leveraged investments I can find.

>>25079494

Thank you very much for this post and all your other ones in this thread.

>>25079494
Damn it. I got sidetracked and strayed from the subject of primary discussion of these threads. I'll say something about PMs to at least add something of relevance to this thread.

1. In general, all people should save money for either a rainy day, an emergency, or their retirements. Under saner circumstances, plain, old money (USD, CAD, AUD, EUR, JPY, etc.) does this reasonably well when stored in a manner that pays sane interest. However, when money starts going off the rails and a risk of substantial loss of purchasing power is rising, a better vehicle for *saving* is required. Precious metals fills this void quite well and has thousands of years of history of satisfactorily serving that purpose.

2. Note, though, that PMs are a form a *saving* money. Barring some wild dislocations, PMs are not going to make a person richer. Earning money is done through labor or *investment*. Investment is different from saving. This is an important thing to remember. A person who puts 100% of his net worth into stocks is 100% invested but he must remember that he is not saving because he runs the risk of loss.

However, if one desires to become richer beyond what one can achieve through labor alone, he must *invest*. Only prudent investment can result in a high probability scenario of the individual becoming wealthier (greater purchasing power). Saving, whether in fiat currencies or precious metals, will not, in all likelihood, make the individual wealthier.

Thus all the talk of buying mining company equities in these threads is for the purpose of attempting to become truly wealthier as we invest with the intent and expectation of making a return far in excess of the rate of inflation (our reward for taking on risk). If we buy and hold precious metals, we must accept that we might only make a return that matches or marginally beats the rate of inflation.

Looks like we're getting a big fat bipartisan Christmas present, this year /pmg/

>>25079780
wow thats fantastic, this is similar to back in the day when locals who bought into mine projects could get their dividends paid in ore from the high grade pile if they wanted to.
I love to see this kind of thing. An great example of this sort of dividend back last century was the Le Roi Mine in Rossland BC, they paid out dividends in cash or in "free gold in situ" which could be picked up by those holding more than 100 shares in the company.

>>25079780
>Because I'm not going to panic like a coward
So you dont own ANY physical PMs? Why come to /pmg/ and act like a cunt? I'm fine showing my recent purchases; I have many times. Shares in a mining company is not like owning physical PMs; youre just angry you dont actually have any PMs.

>>25079952
Didn't Pan American Silver have some sort of program where they paid out a dividend in silver sometime during the 2000s? I could have sworn there were Pan American Silver bars at one point.

>>25080014
yes there were a few still doing it up until 2000ish I remember, Silver Standard Resources did it for years.

Is ruskie bro still around?
I want to offer some nazi silver to my brother for his B-day.
Do any fren have his website address by chance?

>>25079952

Really interested to hear about this historic example, thank you. Makes me consider that, in a post-fiat world, the mining companies will essentially become the new central banks.

>>25079926

>Note, though, that PMs are a form a *saving* money.

I think that this is very true, but disagree, in part, with this statement:

>Barring some wild dislocations, PMs are not going to make a person richer.

I think that this would be true during 99% of history. But we are living in an unprecedented time, when gold, silver, and other commodities are severely depressed. When gold goes back to being money again, it will simply become a stable form of savings. But for now, it has a long way to go. The Dow Gold ratio is still 1:16, and the Gold:Silver ratio is still 1:70. I think that these will eventually attain fair value, and then stay there. But, for now, gold has to go 16x ($30,000 in today's dollars) for the DGR to go 1:1, and silver 80x ($2000 in today's dollars) to go to a GSR of 1:14. And I don't see either idea as improbable if fiat dies, and gold and or silver is remonetized.

>>25080184
Another fun fact, see in that pic related of the Le Roi? Theres a dump off the front of the shaft house. That dump was the "middling ore" that the hand sorting crew deemed not worth milling in the main crusher. All the mines on the Red Mountain, The Center Star, War Eagle and others did this. Anyone could ask the mine if they could cart away a load of this ore for free, but the catch was the only place that sold the mercury and cyanide to recover the gold from this ore were the mines themselves. So down on their luck men would buy mercury from the mine, cart off a load of this "middling ore" and could have the chance of hitting some stuff the main crew missed and tossed out. Some of the ore tossed away that was later tested from the Le Roi ran 1oz Au per tonne, while other samples came back 13oz per tonne. Some guys obviously got very lucky I am sure.

Guys I was just catching up from the last thread and I can't get this off my mind. Will "deplatforming" people from real life services actually work?

>>25080184
>disagree, in part, with this statement:
Note that I did say, "barring some wild dislocations." I did not go into any further depth as to what those dislocations might be because, while I can think of several scenarios, I don't know which is the most likely. Furthermore, some of the scenarios do not result in PMs gaining excess purchasing power.

What do I mean by excess purchasing power? Let me offer an example. I seem to recall that historically in the US, 100 ounces of gold (approximately $2,000 in the gold standard days) bought a fine house. Today, the median price of a house in the US is approximately $310,000, about 150 ounces of gold and the house is not going to be particularly fine although it is probably larger than the median house of 100 years ago. What would I call PMs gaining an excess of purchasing power? I'd say that 50 ounces of gold buying the median American house would be a pretty good gain in purchasing power. If we have some sort of a slow grind (an orderly mean reversion) where the endpoint is that 100 ounces of gold buys the median house, then PMs did not gain excess purchasing power.

Dislocations occurred in Weimar Germany and one of the Mexican hyperinflations. I don't remember the ratios anymore but one could buy real estate of equity stakes in companies at maybe 10% of their actual value after things stabilized.

While I am not even close to being certain, I think the only way PMs will gain excess purchasing power is if we have a disorderly, chaotic mean reversion in asset prices. I have two scenarios in mind that I think are likely: 1) a stock market crash or 2) a long duration of high inflation whereby confidence in the US is lost and bond rates go quite high.

>>25072787
can’t have a 9 year long, $1000 deep cup and handle without an actual handle
be happy and load up on as much gold and miners as you can

>>25080163
It's in the OP:
https://oldsilver.ru

>>25080460

I'd be interested to see a House:Gold ratio chart that goes back farther than the 20th century. Unfortunately, none of the ones which I have seen actually do so. In the 70s, the ratio reaches a certain low, but the dollar didn't actually collapse then, only posed a threat of collapsing. A house is a decaying asset, but gold is immutable and incorruptible. So it may be that, should the dollar die, and gold really become money again, it goes even lower than it did in the 70s bull market, when you could buy a house for something like 75 ounces of gold. At any rate, really does go to show how overpriced the stock market is, given that the DGR is still 1:16, and yet the House:Gold ratio is only about double of what it was in the 70s and 80s. Buying a house right now is certainly a better proposition than buying stocks.

I agree with you about the severe dislocations part, and that that period of panic will provide great opportunities. But I think that, even taking that consideration out of the picture, gold, and more especially silver, will add vastly to one's purchasing power by the time the Everything Bubble has collapsed.

>>25080249

Love to hear about stories like this, thank you.

Continued from >>25080460 ...

I have a lot of cash and a lot of PMs to take advantage of the above two possibilities. In scenario 1, I'll use the cash to buy stocks that I think are inexpensive. There's a good possibility that the prices of PMs will crash along with stock prices since leverage in the system is already high and will likely go higher in the future. Thanks to the endless Fed-induced run-ups after any stock market correction, many retail investors are now buying options instead of the underlying equities to juice their returns. I'm sure the institutional investors will join the party if they're not already there.

In scenario 2, stock prices might stay high but PMs should really come to life as they did in the 1970s. My cash will suffer although maybe we'll get better interest rates. If this were to occur, real estate and practically anything typically bought using debt would probably become quite a bit cheaper as monthly principal and interest payments become much higher. Stocks might become inexpensive after grinding down for a few years. Historically, stocks do poorly in periods of high inflation.

A person can play scenario 2 by having a sanely-priced house purchased with a mortgage locked in at today's low rates. The high inflation will destroy the mortgage holder (the creditor) and the borrower, if he invests the money wisely can do a carry trade and pocket the difference. The borrower might even be able to come out ahead by playing an interest rate differential. Low rate on debt, high rate on savings.

>>25080642

>A house is a decaying asset, but gold is immutable and incorruptible.

Meant to qualify this by adding: The inflationary policies of central banks have given to houses an artificial value which, in the nature of things, they don't really deserve.

>>25077372
Silver corrodes when exposed to current unless it is wrapped heavily with insulation.

Looks like Enduro Metals is on to something! I knew that newly exposed land would have potential.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2097-tsx-venture/endr/90128-enduro-provides-year-end-exploration-and-corporate-update.html

>>25080642
>I'd be interested to see a House:Gold ratio chart that goes back farther than the 20th century.
I'm not aware of such data for the US but I know that there exists such data for Amsterdam going back over 300 years. I can't remember the title of the book containing that data but it's out there. The gist of the data is that through the centuries in Amsterdam, real estate appreciates at about 2% or less per year. These are apples to apples comparisons, too, since there are records for houses standing today that were built in the 1700s!

The median price of US houses since 2009 has gone from about $160,000 or $180,000 (I don't remember the exact number) to the $310,000 of today: a 5% - 6% per annum compounded gain despite the fact that median incomes have not gone up anything close to that.

>>25080969

I don't know how credible this is, but this website claims that "in the 15th century 1000 gold florins could buy a “handsome palazzo” (113 troy ounces). We also know that the Medici Palace was worth about 5000 florins — that’s 563 troy ounces of gold." Very impressive numbers if true. You could only an average house in 1970 for 113 ounces of gold--not a "handsome palazzo."

https://lenpenzo.com/blog/id47735-historical-gold-and-silver-benchmarks-for-job-wages-and-commodity-prices.html

Also found this comment interesting:

"Today a worker making the minimum wage averages, at best, $120 a day. With that in mind, in order for silver to reach the historical valuations it enjoyed two millennia ago, the humble denarius — roughly 0.1 troy ounces of silver — would need to have a melt value of $120.

This implies that silver is currently more than 70 times cheaper on a historical basis than it should be. Think about that."

When this article was written, silver was about $10 cheaper, so this piece of data certainly fits with my estimation that silver might actually go 50x if we get a DGR 1:1 and a GSR 1:14.

>>25080702

Thank you for this post, very interested to read your thoughts.

>>25074625
>jUsT bUy BrOAd mArKEt INdeX aNd HoLd 20 YeArs
just watch graham stephan to understand normies

>>25076069
excep that it went down 10% last 6 months while gold also tanked
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAaa

>>25081220
I hate that over leveraged manlet so much.

If the 2000 dollar stimulus passes silver should definitely go above 30, right biz?
If one million Americans put their stimulus into silver, they could buy 80 million ounces

Yukari bro, in regards to OP image, where the hell did you get the Britannia statue? I am in love with it and require one immediately

Don’t know what this means for steel, if anything at all. Just thought I’d post for you guys. Maybe soon I can get more than 3 hours of sleep because of stress.

>>25081395
Sounds like just a soft attempt on price controls without saying price controls. It's insane how nobody can see 10% inflation coming, the normies won't react until it's way too late

>>25081395
This would mean that steel produced in India would stay in India. Countries that rely on Indian steel imports would see rising steel prices while countries that export to India would see more supply, less demand meaning decreased prices... Is my two cents

>>25081435
i am totally expecting that jump in inflation, its going to hit like a freight train too, and i very much expect it to wreck the general population. It wont be over night, but probably over a few months at the latest. People will only notice when its to late.

>>25071513
Can somebody explain to me why the British exploration company panthera resources PAT is mooning so hard

>>25081509
>>25081435

Chapwood Index and ShadowStats show that 10% inflation per annum is already happening. Hyperinflation is equally psychological and material, so the central banks like to tell the lie that inflation is so far from their minds as a problem that they are actually trying to spark it. The "We want inflation, but we can't even get it no matter how hard we try" lie. They were doing the same thing even in 2003, when gold was $400 an ounce (see picture).

"With as dire a deflation warning as you are likely to get from Alan Greenspan and Co., gold should be skulking back down towards $300. In the last two months, however, it has trundled up near $370. What gives?"

>>25081624
Never take financial advice from anyone who was old enough to invest in gold when it was 300 but never bought a single ounce. I would've been buying hand over fist like I am with silver if I had the macro knowledge I have now.

>>25081687

Peter Spina of GoldSeek and SilverSeek is quoted in that article, and I like a lot of what he has to say on Twitter. Also amusing to see Rob McEwen, then the CEO of GoldCorp, correctly saying that gold would go to $800 "over the next six to eight years."

It amazes me that the bankers tell the same lies year after after and yet nobody takes any notice of it. This sentence could have been written today: "With growing worries about deflation--the polar opposite of inflation--you would think the price of gold would be falling, all things being equal."

>>25081734
>>25081624
Harrowing stuff. Invest in gold and gold miners, anons!

>>25081624
I'll repeat what I have mentioned many times before. QE derisks what are traditionally riskier and riskier assets relative to their returns. Bubbles are inflated because the (perceived) risk-adjusted return shifts to leverages on the economy rather than actually creating organic growth. That lack of organic growth is _deflationary_ for those who cannot access those asset classes which becomes an increasingly smaller and smaller segment of the population.
Inflation "trickles down" from the Central Bank chosen haves to the have nots through purchases that are shared among all segments of the population: education, healthcare, child care, real estate being the big ones. This skewered deflation with trickling inflation stagnates wages and is not coincidentally correlated with raising anxiety about wage stagnation and position on the economic ladder. The Fed, either because they are in on it or stupid, looks at their messaged CPI and concludes they aren't inflating assets.
And you know what happens when you wipe out the middle class and have wealth concentrated in the hands of a very few? Instability. Qoomers and Bernie Bros are only going to be the start where they brandish the unfairness of the economic system as being systemic of everything else. So the new social contract might be something like UBI and the creation of new aristocratic leisure classes.
In short, QE is deflationary because of the Cantilion Effect. This is why QE only has ever lead to more QE in human history. Buy gold anyway.

>>25081893
You're right, qe has been more about transferring wealth from middle class savers to the ultra wealthy who own assets inflated by qe. The inflation hasn't been pronounced because the ultra rich don't spend money like normal people do, it just goes into luxury real estate and the fine art market. These stimulus packages are what will be the inflationary catalyst though, they get spent immediately on consumer goods and the price soaks up that extra currency created instantly.

The stimulus will be needed to placate the masses every so often, now that the market is accustomed to them, they can never stop giving cash handouts without a system collapse

>>25081537
cant find any recent developments but my instict is that capital is desperately making its way into what few viable small cap precious metal miners it can while the opportunities are still available at these prices. case in point with klondike silver, which is essentially just a massive leveraged play to the silver price.

There might not be any fundamentals driving PAT or KS up higher right now, other than the market wanting to get positioned for a silver bull market(same with uranium pumps across the board and other commodities recently)

>>25081893
>>25081983

What has kept the system going for this long is the few remnants of capitalism which we have left, with resulting growth and technological advancement. Capitalism is so powerful that, even when you injure it by a thousand cuts it somehow keeps pressing on and creating prosperity. Society should be 3x wealthier than it is right now, but, because of Q. E., all that increase in wealth has gone to the top 1%, instead of being distributed equally. Q. E. is socialism for the top 1%. When this rotten financial system finally collapses, the collapse will be blamed on capitalism, and yet it was only the fractional bit of capitalism which remains that allowed it to continue.

>>25082076
Well I’m not complaining I brought thousands of shares when it was only pennies per share thanks pmg

>>25081537
I don't think there are many british mining equities. You can imagine that if you are some fund located in britain the absolute shitshow that is Brexit on top of everything else would push you towards safe havens.
>>25082094
I think technology is always the secular headwind that fiat currencies can never overcome. I think that it is laughable to think that the same concepts of what working is (5 days/week 40 hrs) or should be should somehow remain fixed while everything around the modern worker is more efficient, automated, cheaper, etc.
Printing, among other things, attempts to "lock in" perceived standards of living that have nothing to do with economic forces. QE in particular has destroyed the older definition of a career. People should always be looking for the next job even when newly hired. Promotion upwards is much easier by going to competitors than trying to somehow stay "loyal" to an employer.

so much change these last few days has got me stressed

>>25082347
There has been 2 large slams between 5-8 am GMT the past few days

>almost 2021
>still buying boomer rocks
Yikes

>>25071776
>To fans: buy bitcoin so it pumps then I can finally cash out!

>>25082401
Wrong.

>>25071776
Crypto > boomer rocks

LOL, how it can be? Don’t lose and be an idiot
follow it right now
>https://medium.com/@BaseProtocol/this-week-in-base-protocol-12-07-5257c7436372

I have already made x5 just for 4 days!!!!

>>25073502
I bought this coin from https://elyseesnumismatique.com/produit/20-euro-france-2020-argent-chene-3663266040677/ , delivery may be cheaper depending where you live.

>>25082395
>>25082418
>>25082467
FEDcoin>Bitcoin

>>25082418
Sun flare>shitcoin

>>25082625
Crypto > asteroid mining

>>25082094
>>25082200
Part of me thinks that Central Banks keep brr'ing with the goal of trying to accelerate growth in order to boost technological progress. Maybe they are trying to create a post-scarcity world with technology? That's impossible of course but that might be what these people are thinking

>>25083034
Greenspan started the whole mess with trying to pull back what Volcker had done. It was an attempt to obviate the need to, you know, stop deficit spending after removal of the gold standard. His experiment failed but at least there was some intelligence there.
His successors didn't know why the tools existed, they just used them. The Fed is trapped in the QE quicksand worst of all. They have no way out because of how disconnected fiscal policy has become. JPOW was a critic of Greenspan before he had to lay a brick on the printer with the first real economic crisis back in 2018

>>25082395
>boomer rocks
>gold and silver clearly a metal, not a rock

cryptofags confirmed to be retarded

>>25082094
Currently looking at Bluestone resources since your mention yesterday. What make them more valuable than say Avino silver or Golden Minerals with half the market cap since they're bnoth near term producer ? Is it because of diversification ? Or the family running it ? thanks.

>>25083281
Looking at BSR their project has over 2x bigger NPV than AUMN's Rodeo & Velardena combined. Disclaimer: haven't done a thorough DD on BSR and not too up to date on AUMN either. Either might have greater exploration upside or something else

>>25083142
Can't wait until they pull the rug like in 2017, they probably just waiting for the retards to cash in stimulus checks. It will be pink jacks all over again.

bumping with a historic mine shot from Alice Arm BC.

Dead thread.

reflecting on the memories of this past years unboxins

>>25085425
Wait until market open

We sing the songs that remind us of the good times
We sings the songs that remind us of the best times

>>25071637
Arrived this morning. Another 3 tiddy coins. Into the vault they go!

>>25085739
I predict an invasion of coin-munchers today.

>>25085754
Booba!

>>25085775
>>25085754
Niceu

>>25085754
No euros? Disgusting

>>25080708
Gold/acre is the measurement to use

I get knocked down, but I get up again
You are never gonna keep me down
I get knocked down, but I get up again
You are never gonna keep me down

>>25085652
>>25085678
>>25085748
>>25085775
Thanks for the collage, yukari-anon.
>>25085754
Nice purchase.

Texas

big bois

>>25083281

I see BSR only as comparable to AUN, i. e. "If somebody is willing to invest in this $250 million mcap near-term producer, then why not this other one instead." Seems that, if people are willing to pay a premium for production being priced in, then the Lundins are more likely actually to get things done. I always used to tell people to buy VGLD instead of AUN if they simply wanted to choose a better stock (see picture). I used to tell people to buy AUMN if they only had access to the NYSE; you can see in this picture I told someone to buy it on the 10th of November, before it went up 50%. Although when somebody asked me to compare VGLD to AUMN, I preferred VGLD.

>>25085754
Spread

If I'm just buying silver eagles as bullion, does the condition matter? Do I have to not touch them and keep them in pristine shape? Or can I just stick them in a box and not worry and they will buy them back without looking at condition?

>>25082094
Silver miner anon, what do you think about JP Morgan continuing to manipulate precious metals prices, even after their $1 billion fine a few months ago? Will they ever stop? Are they slowly but surely losing their control of the precious metals spot prices?

Hey frens,
I wanted to pass an order from ruskiebro, but i'm not familiar with paypal.
So i clicked on "pay with credit card", and it linked me to paypal. I created an account, added my CC, but how to i operate afterward?

Becuz when i'm on oldsilver.ru, each time i click on the button "pay", then i'm immediately redirected to paypal but without any instruction, i simply end up on the homepage and idk what to do next.
So how do i pay russbro?

I need your help pmgbros. Sorry for being a retard.

>>25086286
Fiscal and monetary printing is always a tailwind for PMs even if JPM et al. fight it all the way up. Most of the demand for silver this year has been taken up by money managers while the industrial demand cratered from Covid.
You need an end to deficit spending and a commitment to higher interest rates to truly weight it down. I just don't see that happening for a while

Why are we in a crab market at the moment? What is the market trend going to be?

>>25086218
nice

>>25086386
Ok finally i managed to do it frens! I hope ruskie will send me a lil' gift since it's Xmas.

>>25086286

Supply-and-demand fundamentals _will_ bring a stop to all this madness soon. After what happened to the Hunt Brothers, no single individual will dare to challenge the system again; but a mass run on the COMEX within the next few weeks, months, or couple of years, is simply inevitable. Some people say that the system can go on forever by endless inflation of the stock market, and making stocks into a replacement for gold; so that, regardless of P. E. ratios, they simply go up indefinitely. But the bubble is now so great as to be unsustainable. Rich people will see that fact, take profits, get gold to protect what they have. Foreigners will continue to accumulate gold, dump the dollar, seeing the writing on the wall. Q. E. will continue to kill the middle class economy, so that the government must continue handing out so-called "stimulus" cheques, which are the fastest possible way to cause consumer-price inflation. And consumer-price inflation quickly leads to the "crack-up boom." If the authorities were not desperate, they would not have introduced this new deadly covid-strain hoax. I was expecting them to do something like that, because they can't let the fake, pretext crisis disappear, knowing that the real crisis is just on the horizon.

>>25086639
ya did good fren.
wagmi

How do i invest in miners? Got any tips

t. phonefag

>>25086746
been alot of discussion on this over the entire year. lots of good info from Panman and others.
research, lurkmore, read through the archives, research some more

>>25086746
lurk these threads, and goldventures.org has some picks you can copy like the top 10 here. you should read about each individual company for yourself though

>>25086878
>>25086996
Thanks. Heard that miners will be the moon that people think crypto will be

>>25086746

Modified an old post of mine, gives a basic summary of what to buy if you don't know what you're doing.

"There are ETFs of the larger gold and silver miners, which you can buy even on Robinhood. GDX is for the large-cap gold miners, GDXJ is for the mid-tier gold miners; SIL for the large-cap silver miners, SILJ for the mid-tier silver miners. The safest one to buy is the GDX. In order of risk reward:

GDX
SIL
GDXJ
SILJ

The truly small small-cap stocks won't be on the NYSE, but there are still some excellent smaller-cap producers to buy if you want to branch out from the ETFs. I especially recommend Alexco.

The largest gains are to be made in certain selective small caps, like DV, IPT, BHS, and SVE, but those also carry the greatest risk. I am 100% in small-cap silver miners, but that is only because I feel 100% confident that a silver bull market is going to take place. You can find a list of some of these on the Silver Sitfolio.

Before you buy a mining stock, you can always research it on the company website and a place called "ceo.ca"; see what people are saying in the chat there, look at the news releases and financial documents. Find out which stocks expert investors, like Eric Sprott, are putting their money in, or reputable posters on ceo.ca. I also recommend listening to Sprott Money, Mining Stock Education, Palisade Radio, Baby Farm, Drew Stegman, Allan Barry Laboucan, Departures Capital, for some entry-level Youtube channels. Don Durrett has some excellent articles for beginners who want to invest in mining stocks:

https://seekingalpha.com/article/4376036-how-to-ride-this-precious-metals-bull-market-to-top

https://seekingalpha.com/article/4367147-silver-miners-shine

https://seekingalpha.com/article/4315726-top-10-gold-mining-stocks-for-2020

https://seekingalpha.com/article/4315151-10-best-silver-mining-stocks-for-2020

https://seekingalpha.com/article/4311495-10-gold-mining-development-projects"

>>25086724
So you’re saying that you believe the coronavirus is fake? I’m not necessarily challenging you on that, I want to make sure I understand. It is curious that this virus appears out of nowhere right after the repo market crash of August 2019, when the global economy is starting to show clear signs of imminent collapse. My theory, which is held by others, is that the lockdowns are conditioning people to not riot in the streets and to blame some unseen virus when their pension funds dissolve, retirement accounts lose 80% of their value, and their purchasing power goes down the toilet. Or maybe it’s just a coincidence.

>>25087079
some miners are already like 5x this year

At least you get stimulus packages, here in Mexico the government give us jack shit, while still mandating lockdowns. I could use $600 or $2000 or whatever to buy pm too.

At least im not stupid enough to actually stop working, but the economy has definitely slowed down.

>>25086746

Modified an old post of mine, gives a basic summary of what to buy if you don't know what you're doing.

"There are ETFs of the larger gold and silver miners, which you can buy even on Robinhood. GDX is for the large-cap gold miners, GDXJ is for the mid-tier gold miners; SIL for the large-cap silver miners, SILJ for the mid-tier silver miners. The safest one to buy is the GDX. In order of risk reward:

GDX
SIL
GDXJ
SILJ

The truly small small-cap stocks won't be on the NYSE, but there are still some excellent smaller-cap producers to buy if you want to branch out from the ETFs. I especially recommend Alexco. Don Durrett gives many in my links below.

The largest gains are to be made in certain selective small caps, like DV, IPT, BHS, and SVE, but those also carry the greatest risk. I am 100% in small-cap silver miners, but that is only because I feel 100% confident that a silver bull market is going to take place. You can find a list of some of these on the Silver Sitfolio.

Before you buy a mining stock, you can always research it on the company website and a place called "ceo.ca"; see what people are saying in the chat there, look at the news releases and financial documents. Find out which stocks expert investors, like Eric Sprott, are putting their money in, or reputable posters on ceo.ca. I also recommend listening to Sprott Money, Mining Stock Education, Palisade Radio, Baby Farm, Drew Stegman, Allan Barry Laboucan, Departures Capital, for some entry-level Youtube channels. Don Durrett has some excellent articles for beginners who want to invest in mining stocks:

https://seekingalpha.com/article/4376036-how-to-ride-this-precious-metals-bull-market-to-top

https://seekingalpha.com/article/4367147-silver-miners-shine

https://seekingalpha.com/article/4315726-top-10-gold-mining-stocks-for-2020

https://seekingalpha.com/article/4315151-10-best-silver-mining-stocks-for-2020

https://seekingalpha.com/article/4311495-10-gold-mining-development-projects"

>>25087130
Can’t you just run cocaine for drug lords?

>>25087150
>work for the CIA
Im fine where i am, thank you.

watching the new goldsilver pros video, and osmeone made a fake Goldsilver Pro account with the same avatar shilling for crypto. lol

Miners are flying in the premarket, and we're going back up in spot prices

This is going to be a good day

>>25087169
When I was in Mexico I met some mayans in the jungle they didn’t seem to care about money or modern living, looked pretty chill

Is anyone on /biz/ actually rich? It seems like people are always 'happy' to have like 900 dollars in crypto or 1500 in the stock market. The only really big holders I can confirm actually exist seem to be precious metal holders, probably because it takes time and interest to build a collection instead of just installing an ebroker/crypto wallet and yoloing in money. It seems like /biz/ is full of larping poorfag teenagers who will always claim to be worth 600k at 19 but only have 1000 dollars in the bank. Am I wrong in thinking this?

>>25087233
I have about 60-65k spread between PM’s crypto’s and stocks if that helps

>>25087097

I agree with Dr Wolfgang Wodarg, Dr Michael Yeadon, Dr John Ioannidis, and all the other doctors who maintain that the coronavirus is no worse than the flu, which they prove both by referring to the disappearance of flu cases and flu deaths in the statistics, studies like the Diamond Princess cruise ship, survival rates from the virus, and the fact that total deaths have not substantially increased. What is going on right now is no different from what happened with the Swine Flu a number of years ago. See Der Spiegel:

https://www.spiegel.de/international/world/reconstruction-of-a-mass-hysteria-the-swine-flu-panic-of-2009-a-682613.html

"The Mexican boy's infection was mild, like an overwhelming majority of the millions of cases that would occur worldwide in the coming months. The new virus would probably have attracted far less attention if it hadn't been for modern molecular medicine, with its genetic analyses, antibody tests and reference laboratories. The swine flu would have conquered the world, and no doctor would have noticed.

But the world did notice, largely because of high-tech medicine and the vaccine industry. From Ebola to SARS to the avian flu, epidemiologists, the media, doctors and the pharmaceutical lobby have systematically attuned the world to grim catastrophic scenarios and the dangers of new, menacing infectious diseases.

"Sometimes you get the feeling that there is a whole industry almost waiting for a pandemic to occur," says flu expert Tom Jefferson, from an international health nonprofit. "And all it took was one of these influenza viruses to mutate to start the machine grinding."

Now turned up, the machinery was set into motion. Researchers got to work examining the molecular structure of the virus. The pharmaceutical industry started to develop vaccines. Government agencies laid out disaster plans. There was only one thing that everyone was ignoring: The new pathogen was, in fact, relatively harmless."

Pan Man, looks like Ascot has a solid team, always great to see

https://www.globenewswire.com/news-release/2020/12/22/2149448/0/en/Ascot-s-Dave-Green-Awarded-AME-2020-David-Barr-Award.html

>>25087233
>it seems like /biz/ is full of larping poorfag teenagers
This pretty much sums up the crypto space. The reasons are pretty straight forward: first if you are poor you want to maximize volatility because small gains do absolutely nothing for your 1000 dollar portfolio. This is why you buy shitcoins because they have the highest volatility and they give atleast in theory you a chance to escape your current poorfag status if you happen to find the right shitcoin which will then "moon". Second, you literally need no economic understanding to "invest" in crypto because you don't need to know how to value a company or understand anything about the macroeconomic outlook. All this is irrelevant. What you need to know when "investing" in crypto is simply, are there buyers after I have bought? Can I dump my bags to some sucker for profit. This is why zoomers with no education and near non-existent savings "invest" in crypto. Obviously they will also need to shill it constantly because they need new suckers to buy their bags. People with actual money want to invest in legit projects, buy stocks, land and PMs. Not gamble their wealth on the most volatile and ponzi-like "assets".

>>25087233
Not really, its just most people discovered miners recently. I did. 40k physical PM, 3K miner. Adding 1k every month to miners. Don't care about becoming a billionnaire, just want to stop wageslaving before 35, currently 29.

>>25087721
Kek, what's a miner?

>>25087857
>what is an actual minor
an anime character that is not actually a 1000 year old dragon shapeshifting as a schoolgirl

>>25087993
Some anime girls are 17 for 10+ years.

>>25087355
Interesting comments. Plus, hospital ICU capacity is public record and compiled by the HHS. Data shows that most states' hospital ICU's are operating at diminished capacity, which directly contradicts the media claims of hospital overcrowding.

And I'm thinking of getting a larger position in Silver Spruce. It seems like news on Pino could be released any day now and then the share price shoots through the roof. Could be the most leveraged silver play in existence.

>>25088118

Thank you for your interesting points. Yes, in fact, even in March and April there used to be a general thread on /pol/ called "Empty Hospital General," in which people would regularly post footage of hospitals which were completely empty.

I'm still holding my Silver Spruce position, haven't sold a single share, and also added to it recently. It should not be trading at 1/6th the mcap of Klondike. For insiders to buy on the open market is encouraging to me. I will only sell my position if @oldbanker gives up and loses faith in the company. I'm going to trust his judgement.

Baker??

Imagine not holding Energy Fuelz

YIELDA

I will bake.

New bread

>>25089103
>>25089103
>>25089103

Anyone here from west suffolk / east cambridgeshire UK who wants to buy 4 gold sovereigns from me?
£320 each. I've also got 250g of silver I'm looking to offload, buy from me and there's no VAT. Cash/bank transfer

anybody buy on ebay before? is modern coin mart reputable?

>>25086746
Go to smg (or just google) if you don't know how to invest in stocks at all. If you only want to learn about mining, look at the pastebin at the bottom of OP. Plenty of helpful people me included here too, if questions arise go ahead and ask!