/biz/ - Business & Finance

Reject Loon, Return to Canoe.

>>25170145
here's a better version that tells the viewer what the bottom chart is showing

My dad is a shiny rock boomer..
He gave me a 1/10 oz gold eagle and two one oz silver coins today for Christmas
Pretty based?

Post stacks

>>25170281
fuck
third time's the charm

>>25170145
Careful guys, we’ve got a big bad new tripfag in here named “The Devil”! So scary right!

>>25170325
>>25170281
fuck why does it keep doing this

When are my miners going to do something other than crab?!

>>25170145
>canada
KEK

WHY DID THEY SELL ALL THEIR GOLD TO CHINA

>>25170282
>My dad is a shiny rock boomer..
>He gave me a 1/10 oz gold eagle and two one oz silver coins today for Christmas
>Pretty based?
Based. Now are you based or is all you have is $7

>>25170145
why did I buy stupid gold over btc !!! arghhhh!!!!!!!!!

>>25170145
>>25170325
>>25170281
alright finally, here's the final version
>>25170350
You wouldn't be asking that question if you did your DD
>>25170372
You'll thank yourself in the future anon

>>25170360
I can see why Trudeau did it, he wanted quick cash for social programs, but emptied the piggy bank to fast. Now all our gold sent to the mint is stuck in a continued sell loop to a swiss firm that sells it on later.

Also this happened https://nationalpost.com/news/canada/royal-canadian-mint-employee-convicted-of-theft-after-smuggling-out-162k-in-gold-nuggets-inside-his-butt

Any one ever hear from the “schiffwillwin” namefag? Haven’t seen him here in a coons age.

>>25170425
Would definitely shove some gold up in my butt for freebies. Not gay at all.

>Haiti owns 1.8 tonnes of Gold
>Not a CCP Colony, Recognizes Taiwan
Things aren't looking bright for Canada when they're getting mogged by failed States like Haiti.

Shoutout to the other pepe plush silver anon.


Made me buy one.

>>25170454
If I had that many kilo bars I would do it just for fun

>>25170436
It's the same dude who has the uncleoldfag trip, must have filled his LINK bags or got bored.

>>25170425
It just boggles the mind. It's things like these that go to show that only production, and by extension capitalism can create prosperity. These lefty types just cannot fathom the concept of sustainability. Same stuff has been happening over here in Finland, we've been selling our land, our resources and our industries to other countries a lot over the years just for a quick buck (although none of us have been stupid enough to sell all of our gold reserves -- and all future reserves too lmfao). Social programs and taxes spell doom for countries.
Absolutely horrifying to see what's going to unravel over there in Canada.
>Also this happened https://nationalpost.com/news/canada/royal-canadian-mint-employee-convicted-of-theft-after-smuggling-out-162k-in-gold-nuggets-inside-his-butt
Honestly the guy stealing gold from the mint was arguable preferable to the gold being sold at dirt cheap prices to Switzerland.

>>25170456
That's because they sell children for gold to the Clintons and their friends.

>>25170425
kek, of course it was a negro. I hope it wasn't any of your finds Pan Man that got poopy

>>25170282
Very based. For my birthday, my mom gave me two 16 karat gold medallions that were specially made for my father who died about 10 years ago. Together they're worth north of $2k.

Always hoped my dad had a secret stash of rocks under the floorboards. Buy rocks and keep them under the floorboards for your kids, people.

>>25170568
Fuck niggers

>>25170454
Most of the people in this thread will probably have PMs stuffed up their ass at some point when the currency collapse comes or they need to flee the country.

>>25170466
Checked. Very nice high grade copper assay right there!

>>25170614
Flee where? If there's a currency crisis then the whole world will be fucked because we have had them drinking our koolaid for decades. There will be no where to run to.

>>25170557
actually i am not 100% anymore where our golds going to, its not public info anymore since 2018. Who evers buying it though is getting that 2015 rate though.

>>25170651
We both know where the final destination is

>>25170637
>>25170466
yep look at that solid pyrite / chalcopyrite!

Incase that dumb faggot comes back saying stacking is idolatry
Pic related my most recent gold addition, 20g of 24k. Fuck you, I stack for His glory and financial security

>>25170651
Obviously going to china.

>>25170145
Keynes rolling in his grave. The things being done in his name.

>>25170693
It's all hevel anyways, one day if you have any kids/grandkids, there's a good chance one of them will end up inheriting it and selling it to some likes for a discount just to buy a sofa or drugs or some shit.

>>25170728
Kikes *

>>25170643
Some places will be slightly better off than others.

>>25170693
And what if jesus came back and asked you to sell it all and give all the proceeds to niggers? Would you do it?

>>25170767
Like where? Europe has fucked itself pretty good by importing so many muslims/africans. This was all by design, the kikes did not want to leave any safe areas.

>>25170767
>China stacking pm's
>Russia stacking pm's
>Uzbekistan establishing gold standard

>Canada printing, also handing out free gold from its great resource base
>Japan printing, declining steadily
>USA printing, no production, no export
>Europe printing

GEE I wonder how this is going to end!

>>25170835
The USA produces plenty of goods/resources, and that's just on a lower capacity of production. If trump can get his head out of his ass and the glowies off his ass then I don't see why we couldn't rebuild back to something similar to 1940s America in just a few years time.

>>25170869
Shame that Trump isn't president anymore. What do you think Sleepy Joe will do? You think he is going to encourage internal production and self-sufficiency?

>>25170900
He isn't president yet. I believe somehow trump will win, if not then I'm not sure what will happen, the dems will somehow get that crazy bitch kamala to be the president.

>>25170767
>>25170835

Unironically looking at Ukraine and similar white shitholes which are as far away as possible from the money printer, relatively speaking. Countries and people which aren't dependent on BRRRR are more resilient and this is also why I think India is a great option too.

>>25170900
Biden is going to push for huge infrastructure spend which will be incredibly wasteful and slow like every other government project. After 18 to 24 months of that he will probably take us into a new armed conflict in an attempt to stimulate the economy.

>>25171007
>Ukraine
kek

>>25171007
Those would be horrible places, if the u.s. is going through a currency/insolvency crisis then that means we would lose our world policing status and those places would be fighting with russia/china over territories.

>>25171050
Cost of living in Ukraine is fuck-all compared to America, so you can’t even compare salary

>>25171216
>>25171050
I earn $250k remote and I'm thinking I'd probably live like a king in Ukraine.

>>25171301
Yeah but you’d still be living in Ukraine

>>25171372
More exciting than my boring ass city of Stockholm which is slowly getting filled with niggers and other undesirables.

>>25171372
Ukraine is the center of the world!

>>25170384
thanks for playing.

>>25171216
>>25171050
>>25171007
You do not want Ukraine because it is falling hostage to the same IMF shams that other countries like Argentina and Pakistan have fallen to. Right now you have the privatization of public goods by local and foreign oligarchs.
Example: just in July this year they were forced by IMF loan terms to reverse the law that forbids the sale of farmlands to foreign investors. So basically there goes Ukraine's most based industry, going to be bought and held by chinks for land speculation.
Also to look forward to is other public enterprises, like legal services or medical care, being privatized: bought at huge discounts and turned into for-profit businesses, profits extracted to the foreign owners at the expense of the public, who will pay more for everything.

>Not dependent on BRRRRR
Ukraine as a country has been dependent on subsidies since independence in 1991. Of course most of it went to those at the top.
UA government would BRRR if they had to as well.
>>25171216
This is true but definitely a risk trade off.

>>25170145
Asteroids made of gold make threads like this moot

>>25171529
What if aliens have their own supply of Bitcoin? We know the universe is infinite, and so there must be intelligent alien life out there who must have their own cryptocurrencies, and are mining their own supply of crypto; that which is far more advanced - more private, better speculations, better uses, better stores of value. Is "Asteroid mining" code for aliens mining crypto? Once we encounter aliens in the next few years, they will dump on us with alien crypto. Their supply of crypto is literally infinite. And this won't be Bitcoin 2.0, this will be Bitcoin 10.0 they dump us with. All our crypto would go to $0. Especially as Elon Musk takes us beyond the solar system in 2030.

>>25170947
>I believe somehow trump will win
Trump is going to round up all the Luciferian pedophiles any day now, huh?

>>25171503
Trudeau has printed more debt since he sold off the Gold than all previous prime ministers combined.

Precious metals are idolatry. repent sinners! Buy bitcoin

>>25171503
ahh fuck I hate this photo but I hate this >>25171557 even more.

>>25171570
What the fuck did you just fucking say about metals, you crypto cuck? I'll have you know I graduated top of my class in /pmg/ Boating Club, and I've been involved in numerous junk silver purchases, and I have over 300 confirmed ounces. I am trained in the mining sector and I'm the top panner in the entire Canadian jurisdiction. You are nothing to me but just another sheep. I will keep stacking with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with shilling that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of mining & macroeconomy insiders across the USA and the price of PM's is going up right now so you better prepare for the hyper-inflation, maggot. The storm that wipes out the pathetic little thing you call your life. You're fucking financially ruined, kid. I can be anywhere, anytime, and I can stack gold and silver in over seven hundred ways, and that's just with my bare hands. Not only am I extensively trained in the glorious art of stacking, but I have access to the entire Sprott mining stock portfolio and I will use it to its full extent to secure my financial stability in the coming bull market, you little shit. If only you could have known what unholy retribution society's rampant debt leveraging was about to bring down upon you, maybe you would have invested in fucking precious metals. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. The Fed will print money all over you and you will drown in it. You're fucking ruined, kiddo.

>>25171582
We all have rough times ahead of us pan man.

That said we are not as screwed as those who refuse to prepare. It will be rough but you will survive. This time will end and it is always darkest before the dawn.

bought another 1oz of gold and 10oz of silver. current stack 2 oz gold and 105oz silver

>>25171521
Ukraine is not bad, I liked Kiev when I was there. Too bad about the corruption problems

>>25171529
cringe.

>>25171549
based.

>>25171406
Dude if you live in Stockholm I’d get the fuck out of there if you’re financially able to

>>25171759
I like it too but year after year I notice degradation of conditions. Seems like unstoppable negative demographic and economic trends happening there:
>net emigration
>brain drain
>COL increase
>more frequent collapse of basic services

>>25170384
Now do an image with the uk monetary base and bong real estate prices.

>>25172125
Why? Because of the shitskins or because of something else?

>>25172297
Yes the shitskins, if I were you I’d consider moving to the Åland Islands

I sold a gold buffalo and platinum eagle on eBay and immediately used the money to buy bitcoin on paypal. I have already made 145 bucks in 24 hours. I made 300 dollars in 4 years on my gold and platinum

>>25172378
Have a friend from Åland, essentially impossible to move there unless you are from there.

Memes aside Sweden at its heart is pretty based but we just need to get rid of our high taxes and kick out the immigrants and this country would literally be paradise on earth.

>>25172394
cool you're doing the opposite of me. im trading fiat and imaginary crypto into tangible. I put 10k in BTC in May and have been riding the profit wave ever since.

>>25172394
Gold preserves purchasing power and has done so for nearly 4 thousand years. If you want to speculate you do miners, many of which have 4x or better since March.

>>25171549
You talk about aliens but you don't even know the stars in out interstellar neighborhood.

dam I didnt realize our mint was so easy to rob blind! https://www.cbc.ca/news/canada/ottawa/ottawa-mint-gold-theft-missing-1.4637799

>>25170772
No need to answer that dumb question because he wouldn't be stupid or unfair like that.

>>25173346
Old Testament God was a huge prick though

You losers worship graven images.

>>25170614
Bullish for bitcoin and/or big asses

My first ever gold purchase. Apart from it I have bitcoin as well.

>>25170425
Man, you have to get out of leafland sooner rather than later. You seem like a pretty resourceful guy, and I'm sure you'd manage no matter where you are. But in all honesty, America is headed down the same path.

>>25170145
Canada are you okay?

>>25173824
ah already on it, dont worry its all good. Yes I agree too, the States dont look much better, but were heading for all new levels of fucked over here I didnt think possible.
>>25173853
No were not send help in the form of competent government or air strike to Ottawa city.

>>25173954
Should of never left the empire daddy Britain would of looked after you

where can you buy gold junk like in europe? i mean metals with low percentage of gold you can separate at home

>>25170145
does anyone have that pic of a safe overloaded with gold and silver? I saw it posted a while back and I wanted to save it to show my friends to get em inspired but i forgot.

>>25173444
Well I'm talking about Jesus

>>25172196
We are simply bought out by China and Saudis, how ironic. WE COLONY NOW

just realised crypto is just a vechile thats being allowed to siphon capital AWAY from the only real alternatives to the system. they'll probably going to manage to pump bitcoin a lot higher than here, but the dump is going to be spectacular.

>>25174471
Will it not go to 100k, like cryptotards are predicting? It just pains my hurt that gold doesn't even move a few bucks each week, while the BTC skyrockets.

>>25174471
Bitcoin
=
https://en.wikipedia.org/wiki/Bancor

>>25170425
imagine the smell

>>25172650
well no
-gold certs printer goes brrrr
-physical can be confiscated any time
-you can't transports physical or use it anywhere, including you can't trade it.

gold used to be useful....no longer

>>25175145
It may or may not, doesn't matter. And you should be happy, more cheapies for you. Unless you're 60 years old, I don't understand why people want a fast rise of gold.

>>25174471

>they'll probably going to manage to pump bitcoin a lot higher than here, but the dump is going to be spectacular.

Possibly, but I hope people remember that mining stocks are far better purchases for speculation also, as Klondike and Vangold showed.

>>25175451
hopefully it happen again. I've bet my financial freedom on it, dont wanna wageslave all my life. 3k in miner and adding 1k every month until this bullmarket end !

Just found out Canada made a Peace Dollar. Their website mentions the US Peace Dollar which is really strange to commemorate another countries coin

Anyone here from eastern Europe? or anyone here from america+Europe but with a networth under 10k and unemployed?

How does the government tax your assets, stocks, etc, ? capital gains+a special tax like crypto?
what if I'm unemployed?

>>25174471
now this is coping

>>25175812
now this is not an argument, and bitcoin isn't a store of value and never will be.

>>25175451
i've been in KS and VGLD since i first saw it mentioned by based miner anon.

>>25175519
GMI

>>25175856
Enjoy you nogains rocks.

>>25175934
what do you mean? I'm up a lot

>>25176043
You are bleeding sats by the day.

>>25175866
Right on brother, just turned 29, as long as I make it before 35 I don't care wageslaving and investing bit by bit. Its a patience game. I'm also in vangold like you, 6k shares. based.

>>25170145
First for Lets get this out on the tray

>>25175745
nice nose

>>25172394
sums up gold

>>25176084

Satoshis are bleeding silver-stock prices.

>>25170282
based

>>25175451
he thinks he “owns” paper stocks, ngmi

>>25176454
Is the pizza pan silver? I need to know.

>>25176685
haha i kinda do tho

>>25176685
Oh shit. Guess I don't have any stocks lads. I should have consulted anon here.

>>25176685
If you think we're going towards the end of the world with no compagny or shit like that, rocks and crypto shouldn't even be on your list. Foods, cloth, shelter and things like that are the only thing to hoard. I do think we'll live dark times, but not madmax level. Compagny and shareholder will still exist.

I have a few miners that pay a dividend, would any miners bros know why I keep getting 15% taken out the day I get it? The entry in my account activity page just says "cash movement"

>>25176930
Dividends from the tickers of foreign countries incur taxes from the host country

>>25176930
Tax?

>>25176986
>>25176996
oh, thanks bros, I guess the leaf-land tax for USA stockholders is 15%

Any good silver stonks with low mcaps out there?

>>25171017

REDDIT PLTR BULLS ASSEMBLE

>>25172394
>>25176485

Not sure why poor people aren't doing this. Why would you hold meager amounts of gold, with only the hope that it will increase in value. Even a 2x is unlikely unless your thinking in decades. If you want risky highly speculative gains, bitcoin and the shitcoins are a better buy. If you are already rich and want to secure your wealth against inflation and have stability, then gold is the better proposition.

I have gold and bitcoin and so should fucking everyone.

>>25177181

Mining stocks are for speculation, gold is for wealth-preservation, Bitcoin serves neither purpose. It's vastly inferior to mining stocks for making money (at a $400 billion market cap it has very little room left to run now--that's 6x larger than NEM, the largest gold miner in the world), and, if fiat goes to zero, then BTC goes to zero with it, both because Tether will collapse, and because the productive Asian nations will demand gold and only gold in payment for their goods and services.

>>25176693
kek, no. i wish i had some silver platters

>>25175451
>speculative fervour
Peter Schiff himself said gold and silver stocks wouldn’t moon on speculation because that money is going into BTC. The days of 1000xs or even 100xs in gold and silver stocks is dead and bitcoin ended them.

>>25177054

Silver Spruce Resources--$7 million
Bayhorse Silver--$13 million
Arizona Silver--$19 million
Mountain Boy Minerals--$23 million

>>25172469
Not true.

You have to be born there or lived there 10 years to buy land/property, but you can move there easily if you rent to begin with.

>>25177370

>Peter Schiff himself said gold and silver stocks wouldn’t moon on speculation because that money is going into BTC

He never said this. I invite you to show us a timestamp or a quote, because I'm certain that you're imagining something. In the last interview I watched, he said that even the mainstream large-cap producers would go 5x when gold doubles, and that that was a conservative estimate.

>The days of 1000xs or even 100xs in gold and silver stocks is dead and bitcoin ended them

Completely untrue. People have already made 10x on a lot of stocks this year. Vangold, for example, is already up 10x, and may attain 20, 30, or 40x shortly after it gets unhalted. And that's simply at $26 silver, which is only a 36% increase in the silver price. Klondike Silver is up 10x. Core silver stocks like Dolly Varden, Impact Silver, and Eloro Resources, are up 4-5x on the year. Aztec Minerals is up 5x, was up 10x, Blackrock Gold (a silver, not a gold stock) is up 10x--was up 15x, Freegold (a gold stock) is up 20x--was up 40x. Once silver actually does double (i. e. once when we get to $40 silver), I don't doubt that many stocks will go 100x, definitely when measured from the March low, often when measured simply from the start of this year. Then imagine what will happen to the price of silver stocks at $80, $100, $200, etc. silver. Yes, that's right--that's when you start getting 1000x.

>>25177370
<Schiff says gold and silver will correct up
>Lol Schiff doesn't know shit
<Schiff says miners won't moon
>SOOO TRUE!!!!!!

>>25177370
>The days of 1000xs or even 100xs in gold and silver stocks is dead and bitcoin ended them.

i fucking hate you crypto cucks but not because your so wrong but because your so arrogantly wrong and never post anything that ins't totally arbitrary, inane bullshit. post an actual ARGUMENT next time you fucking cunt

>>25177678
I'm a huge PM bull and will invest until the end of this bullmarket every month. But I have to say its really "honest" to compare everything to March low. Jeff and Mike maloney for exemple love saying they "load the truck" when Silver was 12$. That's a lie, a straight lie. And they lie with a straight face in their video saying this shit. Nobody could buy this thing 12$ unless in paper form. As for miners, its not unjust to compare to march since everyone could do it but still, not a very fair comparaison. That was a crash and not everybody thought about it. Should compare to january 2020 (and they still did fantastic).

>>25178577
I agree that comparison to march lows is somewhat cheating. However, I think that in march we saw the absolute bottom for many stocks, including miners. It was a true black swan market panic. Below those prices it's really hard to see anything dropping. March is like a reference point for the absolute market bottom. That is my way of using march prices in analysis.

>>25177678
>Vangold, for example, is already up 10x, and may attain 20, 30, or 40x shortly after it gets unhalted

When will they resume trading? I only have 4k shares but would like to see a reward for bagholding.


>>25178577
>Nobody could buy this thing 12$ unless in paper form.

Including premium the cheapest I got was 14.78 USD/oz, still better than before the crash so while I understand the criticism I don't consider it a lie, just imprecise language.

Didn't have much free money to throw around because I was shitting myself about a possible supply chain collapse and busy stockpiling necessities/physical, but bought a pile of SLV and SIVR calls at the paper price bottom that did quite well. I didn't know anything about mining companies and felt that I had no time to educate myself when they crashed so cast a blind net at decent looking cheapies, thankfully everything went up. Wish I was better prepared with a researched buy-list ready back in February but I was in full schizo prepper mode and didn't have the time or attention span.

>>25174008
Ww1 and before currency. 10 Marks, 20 Francs, 10 Coronas, Sovereigns, etc.

>>25178577
>>25178958

Klondike since Jan. is up 425%, Dolly Varden 252%, Eloro 260%, Aztec 400%, Blackrock 380%, Defiance 300%, Aurcana 300%, etc. Small-cap silver miners were a better investment than BTC this year, no matter which point you choose--January or March. And the few which haven't taken off yet are simply fortunate buying-opportunities to change profits into for 2021.

>>25170568
That smile tho

>>25179184
>Small-cap silver miners were a better investment than BTC this year
Um, anon, the btc miners outperformed those though.

>>25174008
>i mean metals with low percentage of gold you can separate at home

The best option that comes to mind is "Gold Filled" items like antique pocket watch cases, lapel pins/cufflinks, eyeglass frames etc. Dunno how they would be marked in continental Europe but in the US they are stamped something like "1/10 14K GF" which means 1/10th the mass of the item is 14k gold, or .585g pure gold per 10 grams of junk.

https://www.goldnscrap.com/post/what-is-gold-filled-and-how-to-calculate-its-scrap-value

Many people ignore gold-filled items so they can often be picked up cheap or found in inexpensive bags of costume jewelry. Gold Filled pocket watch cases are heavy excellent yielders. People chop up gold filled scrap, soak in acids to remove base metal cores, then melt buttons of the karat gold foils which remain that can be refined further or just hoarded.

>>25179184

By the way, I didn't put in a number of even more promising examples like Abraplata, up 600% since Jan. Also worth pointing out that, at this time, it is unfair to miners to make a comparison between miners and BTC to begin with, because the prices of the miners are still representing tax-loss season, and this is their absolutely worst moment of weakness. In August, most mining stocks were double what they are now. And yet even now junior silver stocks still look more attractive than BTC.

>>25179340

BTC is already speculative. Miners are speculative, so the comparison is fair. Now you're appealing to speculation upon speculation.

>>25179435
>speculation upon speculation
The year of endless speculation. Is there a level above this? Is it possible to go even further beyond?

I want to bet on platinum, there is any reason to buy the metal (ETF) over mines?

>>25179573

Normal form: Physical gold
Super Saiyan 1: Physical silver and large-cap mining stocks
Super Saiyan 2: Bitcoin or small-cap mining stocks
Super Saiyan 3: Small-cap mining stocks on margin, or Bitcoin stocks
Super Saiyan 4: Buying NAK and hoping that Trump invokes the Insurrection Act

>>25179755
>metal
>etf
if you want to flush currency down the toilet there are far easier ways that dont involve spamming this thread

>>25179772
I don't have enough money to be cost-effective to buy and store the real asset. The protection that metal backed ETF's give me are good enough. My real question is, would be wise to invest in the metal rather than mines that produce it?

>>25179833
a platinum coin is $1000, if you dont have $1000 to invest you are too poor to have investments.

An ETF is not metal and is not an investment. Miners can be extremely risky.

>>25179184
>the few which haven't taken off yet

Who hasn't taken off yet?

Just picked up a couple more kilos

New stacker but feels good man feels good

Made my money off the real estate scam now funnelling into silver

So far average of $23/oz

Where do you fags see prices in a year? I want blowjobs from housewives

>>25179915

>Who hasn't taken off yet?

Silver Spruce Resources, Bluestone Resources, Irving Resources, Tinka Resources, Nicola Mining, Genesis Metals, Bayhorse Silver.

>>25179833

I still don't advise using the ETFs. You can buy physical allocated platinum on BullionVault or GoldMoney for a fee of only 0.50% (same as Coinbase). Allocated metal is one of the strongest legal protections you can have. Alasdair Macleod, Peter Schiff, and Andrew Maguire all maintain that. Only safer way to hold metal is 1) segregated and registered, or 2) holding it in your own hand. ETFs give you zero legal protection. They are unallocated, which means that they give you a claim on the banks rather than on the metal itself, and you will get a cash payment in debased fiat when the system collapses, if that. They are also poorly audited, and widely believed to be fraudulent.

Marry Christmas to you all guys
I unfortunately missed the Klondike train cause my few months old order didn't get filled I guess cause of low liquidity on Frankfurt stock exchange so have some fiat to jump into other miner which didn't started mooning yet.
Already have
>MUX, ASM, AUN, VGLD, DV, BHS
Shill me please some not much yet overpriced junior silver miners with good potential to rise as well with justifiable amount of risk.
I need to buy at least 500 of shares so it would be great if single share cost was 0.4-0.5$ max.
Or maybe should I just add to my present positions?

>>25179758
My power level is fading and I’m ss4

>>25179909
I don't agree that ETF's are not metal, for example WisdomTree is 100% backed by metal. If I wanted it physical I would have to pay the premium + VAT (21%). That's too much. If I want to store it with no VAT best site would be BullionVault that's 78 Euros / year if I had 7800 to invest it would be a 1% interest and that's the doble I would pay in an ETF.

>Miners can be extremely risky
That's no problem to me as long as it has an inverse correlation with the stock market and the financial system, although diversify is more difficult than gold or silver miners.

>>25180165
I'm thinking of buying a 50gr cast bar in GoldAvenue and store it there, but I cannot afford the storage fees of BV (min 78€/year for Platium and 40€ for gold)

>>25180165
>inverse correlation with the stock market
They dont have that. Metals have not proven to be a hedge for stocks ever, just look at march. Miners were even worse.

Isnt there some loophole that you can buy government coins without tax? Or from estonia or something? I would definitely recommend physical coins/bars for platinum. Its so dense youll have no trouble storing it

>>25180250
That was for
>>25179992

>>25180254
No I wouldn't store it where I live, it's not safe. although I'll be buying some silver coins from Estonia as a present (and some for me if I never need to flew to France because commies) the premiums are still too high.

>>25180083
if you can buy now, buy Impact silver. They are a producer + explorer and didnt go ballistic yet, they'll be among the first to moon. Pretty safe bet.
https://equity.guru/2020/03/01/impact-silver-ipt-v-site-tour-feb-2020/

>>25180083

BHS is core for 2021, I don't doubt that it will soon do what Klondike did. $13 million mcap for a permitted producing silver mine in the USA is simply ridiculous. As soon as the CEO proves that he is actually selling and making cash, the market will reprice BHS as a producer and it will soar.

MTB is like buying a leveraged version of Dolly Varden--mcap is 1/5th the size but they own 5x as much territory as DV, and much of it is a stone's-throw away from that of DV. Sprott is also in it.

Nicola Mining is really good value for money--they own a state-of-the-art mill which is the only mill in British Columbia licensed to process feedstock from anywhere in the province. It cost $32 million, which is the company's current mcap. They own the highest-grade copper property in the history of North America (Craigmont), a promising gold property, and an excellent silver property (Treasure Mountain) with 5 million ounces and very high grades. Everything is permitted and ready to mine.

>>25180278

It's a shame that Kinesis doesn't do platinum (I think?) because it has no storage fees. If the storage fees on BV really do seem too much, then you might simply want to buy the miners, because at least then you are legally protected and own something real. Could buy one miner in Russia, one in Zimbabwe and one in South Africa so that you are jurisdictionally diversified.

>>25170772
He will come back with a sword of fire to slay all sinners, niggers included.

>>25180461
>>25180469

Also, yes, IPT is one of the slightly more expensive small-caps at $130 million, so it might not be to your taste, but it's a core one which should be in every silver portfolio, along with DV. The potential on IPT's property is utterly enormous--200 square km, second-oldest silver district in Mexico, was visited by Cortez, has produced about 1 million ounces a year for the past 500 years, hundreds of old mines on the property. And IPT has already been producing for 10 years, has a silver-bull CEO, a lot of cash, no debt, and excellent financials.

>>25176454
Dude I'm starvin.

>>>/k/47760390

>>25176454
You're a gorilla nigger.

>>25175745
Where are they selling them?

>>25180469
>>25180588

Thanks fren for the picks. Which one has the most asymmetric risk-reward in your opinion? Or, how would you size your bets?

>>25173346
Way for you to make answers for God, to you it would be unfair but to God maybe it could be a just thing, really, what if it was confirmed jesus and he asked you to do it? Would you whine and pout like a little girl?

>>25180738

Mountain Boy is up 75% on the year, and Impact 150%, but Nicola Mining and Bayhorse haven't even gone up, despite the rise in gold, silver, and copper prices, so they seem to offer the most asymmetric opportunities.

>>25180556
What if he was a huge sjw and loved niggers?

>>25171017
Biden will un-ironically be more stingy then Trump in regards to Manufacturing spending. But your right that millions of Americans will be sent to War to try and pull a Bush/Petro-dollar 2.0

>>25180083
>>25180844

By the way, if you do buy on the FRA, be careful to do a currency conversion of the current price from CAD (which you can get from ceo.ca) into euros, and then try bidding for the stock first. If you hit the ask on something like BHS, you can end up over-paying by 10 or 20%.

>>25180461
Yes Impact Silver was my aim for mayor invest for some time as safer bet but was looking something with greater risk and reward ratio and a bit cheaper for a share.
Anyway I started wondering about SHTF scenario and which companies would be safer bet. That which have their mines in South America Countries like Mexico or Argentina or in cucked Trudeau's Canada or USA in terms of possible nationalization or getting screwed by some legislation or taxing stuff.
>>25180469
Thanks will consider these miners, I just looked into Nicola Mining Phase two drill report and it doesn't really look as good as previous but I'm not an expert.

>>25180942

I don't often bring it up, but Excellon Resources is an interesting stock, because they own an old silver mine in Germany called Silver City. It only closed down because silver was demonetized in the late 19th century. Interesting from a jurisdictional point of view, although the stock is controversial. You also have Adriatic Metals in the Balkans, and Irving Resources in Japan, as interesting jurisdictional choices. Tinka Resources is in Peru, Eloro in Bolivia, and Bluestone in Guatemala, if you want to spread your investments across more Latin American countries than simply Mexico.

>>25180844
>>25180912
Thank you. Good advice on the bid-ask spread.

>>25180083
lion one metals maybe ? I've heard that the stock have massive potential

>>25173708
very nice fren

>>25174140
No can do, agent. He lost that picture on a tragic internet accident

>>25174471
It doesn't even have to crash. It can just be taxed.

>>25180278
If you're looking to buy gold through a security, the Sprott Physical Gold Trust (PHYS) is not a bad choice. They have physical bullion that is not loaned out and the fees are low enough. Sprott also has a similar fund for silver (PSLV) and one that is a 50/50 by value mix of gold and silver (CEF).

Sprott also has a fund that holds both platinum and palladium although I wouldn't put money into that fund since I think palladium is probably overpriced.

https://sprott.com/investment-strategies/physical-bullion-trusts/

Tfw finally got to ten ounces of gold in my safe

My 100 Mercury dimes came in frens. They feel so wonderful in my hands.

The $400 I threw into BTC for shits and giggles is up but I trade it for more silver in an instant.

>>25170145
What is the likelihood that some of my historical silver coins are restrikes if they are not rare and were not advertised as restrikes? I know silver is silver, but I also value the history of the coins as well.

to me, if you don't have both crypto and metals you're retarded. The metals will make a huge come back once confidence is lost in the currency. A gold backed digital is very possible

American eagles or Canadian maples for stacking?

>>25182490
Poor nigger

>>25180461
>>25180588
>>25180942
Impact not having any resources (other than the small Inferred one near their inactive mill) or reserves is kind of discouraging as it makes the company difficult to evaluate. They also don't produce all that much silver right now. However yeah I agree they are a worthy investment if silver begins mooning -- or even if silver goes down, since they have a very nice proven production track record even in a bear market. They have a great ground right there at Zacualpan. Still kind of hesitant to invest due to the reasons mentioned.
>>25181288
Lion One is worth looking into yeah
>>25182689
Yes

>>25182490
baste

>>25180254
>Metals have not proven to be a hedge for stocks ever, just look at march. Miners were even worse.
That is correct. PMs are a hedge against a currency crisis and a potential hedge against inflation. The inflation (high inflation, not hyperinflation) protection aspect is stronger in metals that have industrial use such as silver. The miners just amplify the hedging characteristics of the PMs but with equity risks in return for potentially higher gains. Outside of a currency crisis, which is rare in developed economies, PMs and mining stocks are most effective for hedging against stagflation (no/low growth, high inflation).

>>25182721

>Impact not having any resources (other than the small Inferred one near their inactive mill) or reserves is kind of discouraging as it makes the company difficult to evaluate.

As Bob Moriarty says,

"In San Francisco at the latest gold show, one of the leading analysts in the industry took me aside and told me that the biggest problems with the small silver/lead/zinc producers in Mexico was the lack of 43-101 resources. My response is that while that is perfectly valid, it's also perfectly meaningless. The Spanish mined 9 million ounces a year with primitive methods and equipment for centuries without any resources. They simply mined until they ran out of ore and then found another vein and mined it. All at a profit. That's a lot more valid a business model than drilling until a project looks like a giant Swiss cheese, losing money and diluting your shares all along the way."

The silver is there, most likely billions of ounces--five centuries of history are the proof of it. 1 million ounces of silver produced per annum in Zacualpan for 500 years, and IPT has only produced about 10 million ounces, so they have only scratched the surface of what must be in the ground. They have $18 million in cash to use on expanding production and doing more exploration, and are actively engaging in both.

Exploration: https://ceo.ca/@newsfile/red-oak-mining-impact-silver-execute-letter-of-intent

Production (Capire): https://ceo.ca/@newsfile/impact-silver-engages-consultant-to-interpret-extensive

The more I think about Impact, the more I consider selling off my smaller, speculative positions, and simply concentrating as much of my portfolio in it as I can. Can't really get more of a sure thing. The only thing that puts me off is that the mcap is a little more expensive than what I usually prefer to buy.

>>25183191
Yes, they have the goods. But without knowing how much they have I will have a hard time evaluating the company, evaluating whether it's worth investing in when compared to other companies. The market agrees with me -- you'd think IPT has a much higher market cap that 130M with a ground like that. Also looking at their production per annum, it's honestly kind of disappointing right now. If I do invest, it'll be to profit from a silver bullrun and maybe the future expansion of their operations (which they are thankfully trying to do very actively now that silver price is in a good place).

However I like to invest in companies based on a conservative base case where I think: "How would this company do with the current prices or prices lower than the current prices?" I would preferably invest in companies whose share price will appreciate even if precious metals go down, and I'm not entirely convinced that Impact fit that description. It's the reason why I like gold miners a lot more than primary silver miners. But yeah to end this on a positive note Impact does look very attractive for any silver bull and might very well be a worthy investment for me too, but I'm not in a hurry to invest right now

>>25183543
>but I'm not in a hurry to invest right now
Most predict PM starting to moon in January and top around May/June.

>>25183616
Then my other investments will go up. No reason to invest in a company that only profits if pm's begin running if you ask me

>>25182689
I refuse to buy coins with (((royalty))) on them so my choice is American silver eagle

>>25183682
Based

>>25183682
baseded

>>25183543

The IPT production money is simply a bonus to me. I believe in the property, and treat IPT as an explorer with a production bonus. I am convinced that they have billions of ounces of silver in Zacualpan, so I tend to value it against something like DSV, which is 4x more expensive, even though it isn't producing anything, and has about billion ounces of low-grade AgEq (although those are actually indicated or inferred). The market does understand IPT's value to a certain extent; that's why it trades at such a premium when compared to cash-flow. But if it really understood, then the share-price would be much higher, not simply for IPT but for many other silver stocks. It will inevitably go higher; for now it still represents a buying-opportunity. I like IPT's financial situation. No debt, $18 million in cash. They were losing money last year, but, in the last quarter of this year alone, there was $1 million in net income; even during the whole of 2016, it was only $1.4 million, so they are getting better. Pure silver profit, almost no Ag equivalent, since IPT is the purest silver producer in the world, so every increase in the price of silver fully affects them.

I am only interested in those companies which afford the maximum possible leverage to the price of silver, since I am entirely convinced that we are going to have the greatest silver bull market in history. That's the reason why I invest in IPT, or any other of the stocks I own. I believe that we are in the midst of a once-in-a-generation opportunity, and I want to take full advantage of it.

>>25170384
Canada Minted Gold and Silver is the most refined on the market and yet it's the cheapest, is Trudeau so desperate to sell it and keep coffers empty that its all going for below market price?

>>25183682
basado

>>25184371
yeah for silver bulls IPT is a great investment. I'm a little more conservative though so I'll have to consider investing a little longer. For now I'll focus on companies that are undervalued even at lower prices. Might put aside a couple hundred for IPT when I've established good positions elsewhere first

Just got $200 for Christmas from the family, gonna spend it on silver. What does /pmg/ think I should drop it on?

>>25184371

By the way, to look into the future for IPT even at current levels of production. These are extremely rough calculations, so I may get something wrong here, but, if they continue to do as well as in Q3 this year, we get about 600,000 ounces produced per annum. Cost per ounce is about $17, and there is almost no Ag equivalent. So let's say that silver gets to $100, which is still only 1/8th of the 1980 inflation-adjusted ATH of $800. That's about $50,000,000 in cash flow. 10x cash flow valuation for a good mining company is considered reasonable, but, in the 1980s mania, many stocks got to 30x cash flow. So a one-and-a-half-billion valuation is possible for IPT in a silver bull market, even if they don't do any exploration or expansion to production. However, they will be opening a new mine at Capire (for example) which is now profitable at $22-dollar silver, and production can only continue to expand as silver goes up.

>>25185257
Why not just get into Aurcana instead? If Aurcana stays on schedule they will be producing over 3Moz pa for the first five years. That's much better in a silver bull market, provided they can keep up with the schedule and their production estimates

>reading 'A History of Central Banking' by Stephen Goodsonfor the first time
>seething at all the different ways (((THEY))) have systematically siphoned wealth, gold, and silver from free and prosperous societies
WHY DO (((THEY))) KEEP GETTING AWAY WITH THIS?

>>25185383
AnCaps absolutely hate that book because it shows that Jews have been behind privately owned central banks for centuries

>>25184888
Checked, and you can get about $10 fave value of junk silver for that price which is what I’d do

>>25185383
This is a chance for us to make it and get out of the system.

Is /pmg/ bullish on vanadium?

>>25175856
I'm no crypto proselytizer but some of you here are more dogmatic than the btc zoomers, it's troubling

>>25185610
Honestly you can’t even call yourself a stacker until you have a solid base of Praseodymium. Praseodymium has been artificially suppressed by the big banks for decades now, and they can’t keep on doing it for long. History’s largest bull run on Praseodymium is just starting, and you’re gonna kick yourself forever if you don’t get in on it now

How do you metal anons feel about Schiff being the face of PMs?

>>25185668
Mmmmmmm it’s awesome to see people using my pastas

>>25185714
You make good pasta, what can I say? My thanks to the chef!

>>25185726
Any time my boy!

>>25185693
Well, when you ask a bitcoin holder why we shoul buy it, that's his answer : https://twitter.com/Davincij15/status/1339572336304005123
So again, its not about price, its about logic. Logic is behind PM. 5000 years of history are behind PM. Utility are behind PM. What's behind Bitcoin ? Nothing. My soul has no price, it won't make me buy it.

>>25185322

I buy Impact mostly because of its exploration-potential. I don't believe that there are billions of ounces in Aurcana's deposits, but I am sure, from the history of Zacaualpan, that there are billions of ounces there. As far as production goes, I like the fact that Impact is already producing, and has done so for the past ten years. It has proven itself as a producer already. Whereas Aurcana was inexcusable to its shareholders in the past (see the Ouray incident), and failed to execute its plans. If I buy Aurcana, first, I'm buying a high-grade production project, not a truly colossal silver deposit with a production bonus; secondly, I have to trust that everything in production will go perfectly well. But why not trust just as well that expanding production will turn out for the best in the case of IPT. Capire alone would add 50% to the current TPD of processing capacity, and that is only the start.

By the way, does anybody know how many square km Aurcana's properties are? I found 4,400 hectares (44 square km) in 2004, but they have sold off a lot of them since. I have read both 211 and 357 square kilometers for IPT--perhaps the 211 is only Zacualpan.

>>25185383
If you fill in the blanks, the most profound thing about jews is how you can trace them being kicked out of England (they were mentioned in the Magna Carta lol), they get kicked out of France later, and after arriving in Holland, they begin to finance civil war in Britain and Oliver Cromwell lets them in. They set up a central bank like 50 years later and begin going to war on credit with Spain. Then France and Russia. Real money can not withstand the credit system and everyone is weakened. Britain was insanely high living standards, and their new central bank imposed countless taxes and a 20% income tax, forcing the people to work year round to live their lives to pay for the largesse of the banks. History and propaganda makes us think people were eating their own shit and dying, when in fact, citizens were volunteering their time to build beautiful cathedrals and transcendent architecture.
Look at what (((they))) did when we got the FED. WW1 breaks out.

>>25185693
Not too fond of Schiff in a way. He is right about pm's as a hedge against devaluing fiats but his timing is all wrong. Other assets may or may not be better or worse hedges against that but gold is a sure bet
>>25185928
Eh, it's less about the amount of ounces in the ground (which, in Impact's case is total speculation mind you, it's anybody's guess how much there is right now) and more about how much they can mine during the next bull market in my opinion. If you ask me, this is about TIME. Time is of the essence, time is money. Even if Impact has (speculated) ten billion ounces it won't matter as much in a bull market if they are only able to produce 1Moz pa, while "smaller" competitors will be raking in fatter stacks of cash for the duration of the bull run. Both companies' assets have significant resource expansion upside too so both are in that way capable of increasing the share price and future production/LOM

I guess when it comes to Impact and Aurcana, Aurcana has higher risk while also having a greater potential upside in the near-term (<5 years), but Impact is the safer bet as they've already proven themselves to be a reliable producer and will probably become a bigger company at a slower, steadier pace. Capire will be a big addition to Impact's production portfolio especially when they upgrade the mill to a 2,000tpd one and continue exploring areas close to that mill.

Maplebro here.
I picked a good year to start stacking silver with precious little to spend.
So far I have 5oz
Pray for me lmao

>>25186257
I have a way you can earn some mercury dimes. XD

>>25186348
kek

>>25186247

I actually tend to believe that this is going to be the last silver bull market. That is to say, if what I am preparing for is the destruction of the dollar, and all fiat currencies with it, then I'm not looking for silver to spike briefly, and then collapse back down again, as in 1980 or 2011. I'm expecting it to go to a new level and stay there on a permanent basis, to become money again, or at least no longer to be suppressible on futures exchanges. So the really large properties and undervalued deposits are what interest me the most. I like the way Sprott invests in that way--very few producers, mostly explorers. When he says that "The ratio is going back to 15:1," he doesn't seem to think that it will be a temporary affair.

>>25186493
Do you have his portfolio ? Lost the picture, trying to see if he is in MEK.

>>25186544

Unfortunately, I haven't been able to find a version which is later than the one which I first posted here a few months ago. This picture is lacking both his recent $5 million additional investment into Silver One, and his purchase of First Majestic. It dates from the time when he first purchased Mountain Boy Minerals.

>>25186493
I too focus on explorers but have lately noticed that I should have more near-term producers or developers. Working on that atm. Not too sure about the "last bull market"... I'll just focus on getting undervalued companies and investing in companies that will do well even if status quo remains or pm's go down a bit. No telling what will happen.
>>25186544
Haven't checked but I don't think he's in MEK. I don't think he is in many microcaps in any case
>>25186601
Not going to check but pic related might be newer

https://ttmygh.podbean.com/e/teg_0012/

Grant Williams, Bill Fleckenstein, and Fred Hickey discuss the value proposition in gold miners right now. A great listen for anyone trying to understand the sub sector, and just a great refresher for those who are experienced. It's hard not to get pumped listening to these guys. If you believe in precious metals, this really is the last big dip for a long time.

These guys are legit gold bulls, and offer way more value than guys like Schiff.

>>25186625
>>25186601
Yeah the one I posted is the newer one, got later filling dates

>>25176454
Nice!

>>25186625
>>25186601
thanks both. Yeah I forgot mek was that tiny. I just thought maybe he was in it since he invested into MTB but ye, that's one advantage we have over big guys, we don't move the market.
>>25186642
thanks, will check. It will probably help me balance a bit more my PF since I was heavy small cap like >>25186493 but that works only when you have a somewhat big PF. Tiny PF should've a balance between small and medium caps; like some eskay/irving combined with some vangold/klondike. You can only balance well by knowing what's the gain you will potentially get. At the start I thought a 10k Portfolio with full position market cap around 300 would give you very small return.

>>25186830
You wont regret it.

>>25186625
>I too focus on explorers but have lately noticed that I should have more near-term producers or developers.

I've begun my rotation into more producers and late stage developers as well . With all the micro-cap explorers having already multi-bagged, the value proposition and risk adjusted reward from mid tier producers and late stage developers is starting to win out for our next leg up as they become massive cash cows. Some that i like are Ascot, Golden Minerals, Argonaut, First Majestic, Alexco, Impact, Gogold, Endeavor.

>>25186830

I see that MEK is a gold stock; you might be interested in a gold explorer of a similar mcap which Sprott does own called Genesis Metals (GIS). It's one of the few gold stocks which I have made an exception for in my portfolio. They own 275 square km of land in Quebec, or 3x more land than Dolly Varden, and as much as Impact Silver. They have an excellent management team, and recently drilled 13.03 g/t gold over 10.74 Metres, and 4.56 g/t gold over 40.50 metres. $3 million in cash for further drilling. And yet the mcap is only _$11.8 million_. It's also 43% down since January, despite the $400 increase in the gold price. One of the most undervalued explorers, in my opinion.

>>25187075
Ascot is a very interesting company, I'll have to do a fully thorough DD and really see how much that company is worth. Seems very good for what little I've skimmed from their NI 43-101 and Golden Triangle property
>>25187137
Now those are some great drilling results! I'm invested in Metals Creek and am quite bullish on them myself but I'll have to look into Genesis it seems.

>>25187137
>Genesis Metals

Genesis has an insanely coiled chart, this thing is about to rip hard. What`s the catch with the company? Why is there no love?

I picked this up at an auction last week. It cost me a pretty penny but its rare and historical.

>>25187356

>>25187356
>>25187389
That coin is awesome, what is it?

>>25187319
Hey btw TAnon what do you think of my newbie analysis of PGM here? I did sell my position but I'll be very interested in seeing how this goes

>>25187188
>>25187319

I have often spoken here of my single-minded obsession with silver, and the fact that my portfolio is almost exclusively concerned with silver junior mining stocks. But even I had to make an exception for GIS, simply because it seems like a case of radical dislocation in the market. I did find some recent complaints from one "Lock12345" on Stockhouse, but he might simply be an exhausted shareholder who is jaded from the long 2016 decline, and giving up just when the turn is coming. He doesn't give many specifics, mostly generic comments.

"After a year under David's direction this stock is still at $0.05 (pre-rollback price). He should be removed and go back to counting his money he made from Great Bear as he is adding zero value here. I thought he would be better than Brian Groves but he has proved otherwise.

I don't see 2021 being any different for GIS unless they find a new zone with massive g/t at width.

I sold most of my shares months ago (yes, sold at a loss) but still hold a few and I check in from time to time to see if I am nearing my average cost with what remains. Unfortunately it is the same old, same old. GIS will rise as other juniors rise...big deal...other plays would give a better return though. That's why I sold and went looking elsewhere."

-

"The GIS team here have been at it for almost 5 years (it was once Entourage) and the Discovery Group has been involved just over 2 years...all I have seen is mis-step after mis-step. Like I said before, I have a few shares left here and have already taken my loss and thankfully they are offset by gains on some of the ones listed above and plays in other verticals.

Buyer beware on this one is all I am saying. I was here too long and finally left to make money elsewhere. Do your DD thoroughly."

People also complain about a lack of news releases or results in June or July, but that was long before the recent results which I brought up.

>>25187618
Thanks for going through the effort anon. Opinions like that are always worth hearing even if it seems like total bashing. This is why I always do my DD -- you really have to dig a little and come to your own conclusions after considering everything with these things.

>>25187526
Its a 1939 propaganda medal. On the side with the German soldier is says "germany fights for peace and against the treat of versailles" on the side with the jew is says "what our enemies fight for"

Fucking based AF.

>>25187818
What's wrong with the treat of Versailles?

>>25187818
That’s incredibly based, enjoy your medal my friend!

>>25187882
Cringe

>>25187882
It hobbled germany and made them subordinate to the (((((league of nations))))).

>>25187947
>>25187882
>doesn't get the joke
Are you guys actually this retarded?

>>25188009
>quoted myself
guess I'm the retard huh

>>25188009
>Are you guys actually this retarded?
Yes

Christmas prezzies.

>>25188009
Yes

>>25188369
the TREAT of Versailles

>>25188122
Nice, i love the 2oz krakens. I have a few myself

>>25188369
based

>>25187618
It's insane, I've seen this kind of chart a few times, it reminds me of Moneta Porcupine recently with the crazy chart wind up that kept dropping and kept dropping, then suddenly went 150%. It also reminds me a lot of Midas Gold a few months ago with a similar chart setup. I was planning on taking profits in PGM, I think I'll rotate into this here, there's not that many good companies with crazy chart wind ups like this anymore.

>>25188009
>are you guys actually retatded
where do you think you are?

>>25188435
Good comparisons there TAnon. If you haven't already, look into NHK, LIO and AWE charts (and the company fundamentals of course)

>>25170947
"15 hours ago"

Oh, anon

If I sold all my gold in March and bought BTC, I'd be living in a mansion by now. I do regret getting into the metals meme without first researching properly. I would've fucking know that the prices are very heavily manipulated since 2011.

>>25174140
You must be talking about Floorstacker.. he posts that photo to PMG legit daily lel

>>25174140

>>25188915
( I m p r e s s i v e )

>>25188841
Sell all of your gold NOW

>>25176930
Ah another unwitting victim of the IRS 15% withholding tax. Been there, done that fren.

The IRS will respect your RRSP as a retirement vehicle, and not apply the 15% tax on US-based stock divis. However in a TFSA or god-forbid an unregistered account, you will be subject to that 15% tax. Hope this helps.

Also, I wish I had this baby in my TFSA (pic related)

>>25189030
>abandon your posts!
>abandon your posts!
>flee the city!

>>25189156
Guys like him don't deserve precious metals. He clearly bought gold expecting to get a 100x return

>>25188398
I'd never come across it before somehow, so it was a nice surprise. One of my favourites now and will definitely be getting more.

>>25188841

Plenty of mining stocks are up more than 10x since March. Better than BTC for speculation, since, not only do you make more money in miners, but you don't get wiped out when fiat collapses and BTC sinks to zero along with all the other bubbles.

>>25188841
If I'd sold all my belongings in 2011 and bought BTC, I'd be a multibillionaire now. Sigh.

>>25188122
>>25189378
Nice Kraken but I probably like the 2020 Britannias the most. Beautiful, tasteful coin
>>25189398
Miners are also better for speculation because you as an investor can make educated investment decisions with the knowledge you have and the information you're presented with. When it comes to cryptos, you're literally just riding a wave and hoping it gets higher
>>25189447
Don't beat yourself up over things like that lmao

>>25187581
Hey there, Since the recent run in pgm was from first pour being priced in, I actually expect a bit of sideways movement now for the price to take a break. The catalyst for the upward trend from the last few months is now fully priced in, so I personally don't see the chart continuing on that same trajectory. The recent high on chart on Dec 15 or so lacked the momentum of previous highs, and was given back immediately too.

I think the chart breaks the recent trend and we start making a few lower highs, consolidating gains by shaking out momentum buyers and letting people who bought for the production price-in to take profits (6x from March) and rotate into other pre-producers, until the price of Gold takes off again sometime in Q1. Probably then making a new upwards trend towards the 2011 highs.

For me, Puregold's a hard one to predict right now. With recent price run-up being from a catalyst being priced in, I have to see the new trend after the catalyst is over to start taking guesses at where the chart goes.

>>25189551
Thanks for your opinion. Always glad to see some good technical analysis since I'm more of a fundamentals guy myself.

>>25189489
I was taking the piss out of the anon I was replying to, lol. Love the Brittanias too, distinguished is a great word for them.

Is it a bad idea to buy bullions produced by banks?

>>25189665
Why do you think it's bad?

>>25189742
I don't. I'm just wondering if there's anything I should be wary of.

>>25189886
>>25189665
I don't think there's anything to worry about. In fact I'd say it's better than coins produced by some obscure mint. Silver is silver and banks can be easily found via google

>>25189665
>>25189886
Where do you find stuff like this? What are the premiums like?

>>25188516
I hold LIO, bought like 3 months ago thinking how good value of a buy it was at these prices. Crazy that it kept going down too. All three of these look like some cheapies right now, without specifically knowing the fundamentals. Nighthawk looks ready to explode sometime in Q1Q2, how could it get any cheaper unless something terrible happens?

>>25189919
ty for you insight sir.

>>25189933
https://preciousmetals.td.com/shop/en/tdmetals/silvers/p0028

>>25189978

I've stayed away from Nighthawk Gold ever since IKN slated it in August. You have to be careful with Mark Turner, because he's a bigoted, vindictive person with a lot of prejudices (especially when it comes to Sprott, Quinton Hennigh, or silver), but he not unfrequently gets things right. For example, he correctly predicted that Almaden and Novo Resources would plummet this year.

https://iknnews.com/nighthawk-gold-nhk-v-offers-robert-cudney-a-lesson-in-21st-century-marketing/

"Why is Nighthawk Gold (NHK.v) failing so badly in 2020, despite gold pushing well North of U$2,000/oz? The answer is Robert Cudney of Northfield Capital and, lately, self-styled Twitter guru. Back in 2019, this stock was a mining FinTwit special, massively over-hyped on rose-tinted spectacle blather and nonsense out of the mouth of the extremely conflicted Cudney (a very large shareholder and “active in the market”, as we say; he may have forgotten to tell you that):

When reality reared its ugly head earlier in the year and people who actually know what they are talking about started to factor in the remote location, the selling began. Unlikely to stop too, no matter how much loudmouth Cudney tries to pump otherwise, the gap left by real news in late July shows zero signs of closing.

What you get to experience now is 21st century losses, Cudney: Your failed pump has lost you a crapload of cash and that’s good, but your BS also cost a lot of people around you a lot of money. Those are the people on Twitter, now. Have a nice day, Cudney."

>>25189978
The value of LIO is insane right now. I'm in the same boat, bought at 1.50 thinking that was a good price. We're at total bargain bin prices here. You know LIO's story so I won't talk about that. To any anons/lurkers reading this, do your DD on these companies btw.
Nighthawk has similar value in my opinion, and both will be doing a lot of work in 2021. Nighthawk is also cheaper than it was in January and has hit consistent drill hits and even come up with a maiden resource (to which the market reacted negatively, apparently investors were expecting a bigger resource and there was an overreaction). Excellent gold developers, both of them.
>Nighthawk looks ready to explode sometime in Q1Q2, how could it get any cheaper unless something terrible happens?
Unlikely. Well-funded for exploration next year and in no shortage of prospective targets.

As for AWE, they're an exploration play I found after investing in LIO. Also in Fiji, they have some great prospective properties adjacent to each other. They're doing two drilling programs right now. I'm expecting great things from the company next year. Here's an analyst report from Red Cloud that should pique your interest:
https://www.thunderstruck.ca/images/pdf/20201209-AWE-Initiation.pdf
>We firmly believe Thunderstruck is currently being undervalued by the market and could rerate 5x to 10x on positive drilling news given that Thunderstruck has an EV of C$5.4M versus similar sized peers at C$52.4M.

If I had around $1000 CAD to invest right now, would I be better off buying 1kg of silver or a part-ounce of gold? I know precious metals are more for store of value than day trading value (unless your a futures trader I guess), but the debasing of the Canadian dollar, and the idea of owning a hard universally recognized asset has made me curious about investing in PM's.

Should I just keep my brainlet/poor capital far away from precious metals?

>>25190282
Get some gold first. Silver is cheaper to buy in smaller quantities. Gold is a safer bet against devaluing currencies
>t. bought 100oz of silver and wish I had bought an ounce of gold instead

test test

>>25188915
floor stacker has been quiet lately...

so have I for that matter, lots of the old stackers have it seems like.


WE all just busy? I know I am....

>>25190212
Notice how this was written right after the unfortunate PP deal in late July. The share price had climbed to somewhere around C$2.40 when after the fairly disappointing maiden resource estimate the company announced a $10M private placement at C$1.70 that had apparently been set in stone in advance. No wonder the writer seems so absolutely pissed here.

>>25189978
GPL, please

The gold/silver ratio. Say you had to travel lightly and wanted to bring all your metals along. A more compact store of value is gold, so you decide to swap your silver for gold.
How many ounces of silver would you trade for one ounce of gold?
Is there some kind of basic rule or agreement to determine the value of gold to silver and how is it determined?

Thanks for helping a fag out.

>>25190321
>t. bought 100oz of silver and wish I had bought an ounce of gold instead
What’s stopping you from buying both?

>>25190568

That's interesting, didn't know about that. So far as I can understand any substantial criticism in this IKN post, Turner is saying that NHK is in some kind of remote location which doesn't make it viable as a deposit. He was saying something similar about Northern Shield Resources (NRN) before it plummeted 52% in the middle of this year. That stock was pumped all over the newsletters and ceo.ca, so Turner does seem to know what he is talking about sometimes when he goes against the herd.

>>25190643
premiums
If I had bought that ounce of gold I would've been much happier.

What is wrong with silver brainlets, why don't they just buy gold?
Is it just because they like seeing more shiny rocks?

Anyone have experience buying from that Russian guy? I just bought a 5oz coin and I am curious hiw long the shipping from Russia takes.

>>25190659
Just don’t buy anymore silver and start saving up for an ounce of gold. I’m of the opinion that you really only need 200-300 ounces of silver for barter and speculation. The people who have thousands of ounces of silver fucked themselves over by not putting that money into gold, which will always be the better asset

>>25190051
Thanks man. The having to have an account with them to get the best price seems kind of BS, but I suppose if you're with them already then that would be a nice bonus.

>>25179970
>New stacker
>atleast 410oz’s in pic
Fuck off

What sort of real estate scam got you into that much metal for a starter stack

>>25190718

>>25190657
>Turner is saying that NHK is in some kind of remote location which doesn't make it viable as a deposit
True, the area is remote -- they have to build like 200km of roads to be able to ship the ore whenever they begin mining. Not sure about the capital cost there but since I believe the area is riddled with gold and since they command such a large landmass (>900km2 -- triple the size of Timmins!) I don't think those capital costs are going to be a big problem. Canada officials might also help out a little with those costs, they've built roads to help juniors before to my knowledge.

NHK is a long term play, not something I expect to see in production any time soon. Maybe five years, maybe a little earlier. Difficult to say but in any case I believe in their ground and they've been producing consistent drilling results during the entire Fall/Winter, from multiple different zones in their flagship Colomac Project. Very promising long term play in my opinion.
>>25190790
The saving up part is breaking me. I'll just invest in miners and make a profit while I'm at it. Precious metals aren't that big over where I live. No LCS or smelting places or anything. Americans have it easy on that front.

>>25190790
I think we have a better chance at seeing $100 silver than $7000 gold. Gold will probably go to 2500-3500 in 2021 and silver will probably go 50-80

>>25190718
GSR. Silver is far more speculative as a result rather than just inversing the dollar.

>>25190718
Good bait

>>25190212
>>25190238

Damn looks like I have a few more stories I have to study today. Thanks for the info guys. By the way if you like to keep tabs on near-ology plays Dixie Gold was one ive been reading about, although Im not a buyer. 6m mc adjacent to Great Bear's property, although Great bear's resource is relatively far away from the boundary between the properties.


>>25190573
I don't know the fundamentals but the chart looks very textbook bullish in multiple ways. It's got a textbook cup and handle with the bottom of the handle flagging right now, about to blow upwards completing the handle. It has a very precise elliot wave pattern going on too, with the 5 wave upwards looking extremely likely soon.

>>25190657
>>25190212
Also here are some opposing opinions of IKN, from the Nighthawk ceo.ca board. Since it's always nice to hear different takes and opinions.
>>25191051
Glad to help. Thanks for your contributions too TAnon.

>>25190861
The Ontario government does that sort of infrastructure work if there are a large number of projects close to each other, otherwise they usually leave that kind of work up to the companies themselves. A remote property like Indin Lake is going to be an expensive endeavor to undertake and the right team to manage as well.

hows everyone today? been cleaning up and been in phone calls all morning.

>>25191118
Hi Pan Man, thanks for chiming in here. Yeah, honestly was kind of thinking that the capital costs will probably fall on Nighthawk themselves, not that it matters for me since I really believe in the project they have.

I'm doing well. Been taking it easy this weekend, really kicking back and just generally being a slob lol. Should do some serious DD's or something this week to get into the mindset of going to work next week I guess.

>>25190861

Thank you for the detailed and interesting information. The size of the land sounds truly enormous, I have to admit.

>>25191069

Yes, a lot of people on ceo.ca don't like IKN. He's an extremely controversial figure, but he has been right about many things. Bear in mind that people in the NRN board were up-voting comments that went against him 20 or 30 times also. Same case in the Novo Resources board. But he was still proven right.

>>25191197
>>25190861
>>25191197

P. S. This is an example of what I mean.

>>25191051
a similar chart

>>25191184
On my end I ve been chatting with a bunch of guys trying to figure out whats going on with Omineca mining. Apparently they sent out a hiring call for surface staffers and for a few underground guys, but have since ghosted everyone they contacted. Very very strange behavior for them. Their Wingdam project is just down the road from where I am waiting for work with BGM, I may have to go stop in there and see if anythings happening on site.

>>25191253

Few more examples here. The comment that attacks IKN gets 14 updates, but this one only gets 2 upvotes:

"@MadMMcAvoy | I doubt mark was blowing hot air, he's been known to be way off before but also one of the better mining analysts that exist"

>>25191253

Few more examples here. The comment that attacks IKN gets 14 upvotes by the mob, they call IKN "incompetent" etc., but this one defending him, which turned out to be correct, only gets 2 upvotes:

"@MadMMcAvoy | I doubt mark was blowing hot air, he's been known to be way off before but also one of the better mining analysts that exist"

>>25191051
based. thanks TA anon. I love you

Hay did I miss some news about Novo Resources and that Beatons Creek Paleoplacer project? My mailbox has a bunch of blank press release emails from them.

Finally got home and got to try out the new case for my sov’s! Works kinda like a pez-dispenser, very neat. Background coins are from me messing around to find what else I could stuff in there (1/4 oz AGE’s and Maples worked perfectly!)

>>25191197
If you intend to look into the company, I advise you to maybe cut your DD session into smaller pieces. My head was hurting after going through their assets. Much like Impact Silver in that way, a lot of stuff to digest there.
>>25191253
>>25191364
Guess the man is a little rough around the edges when it comes to wording but might be a pretty good short-term analyst? No idea, I don't follow other people that much. In the case of NHK though it just read like some angry ranting about the share price going down due to the PP. He even accused the CEO -- who by the way bought a lot of shares along with insiders after the price had dumped to 1.70 -- of pumping the stock.
All things considered, these comments from the sidelines are worth considering I suppose, but unnecessary for investors who know what they're getting into and why. I like to look at companies in a vacuum and if the company produces great, consistent results everything else is noise to me. I've no doubt that NHK will surpass the previous high that it had this year in time, hopefully next year.
>>25191282
So glad to have been part of this pump. Will have to buy some more shares if the price stays at the current levels (after having finished my shopping spree with LIO and NHK next month of course!)

>>25191770
FUCKING AUTOROTATE REEEEEEEEE

>>25191770
>>25191798
Based English gentleman

hello frens

>>25191928
Holy based

>>25191692
They had some organizational NR stuff, something about the TSX and a shareholder meeting. Other than that, from newest to oldest this month, there's:

>Beatons Creek Operational Update
https://ceo.ca/@nasdaq/beatons-creek-operational-update
>Novo and Sumitomo Complete Earn-In Over Kangan Project at Egina
https://ceo.ca/@nasdaq/novo-and-sumitomo-complete-earn-in-over-kangan-project
>Novo Identifies Numerous Oxide Targets for Follow Up in 2021 at Its Newly Consolidated Nullagine Gold Project
https://ceo.ca/@nasdaq/novo-identifies-numerous-oxide-targets-for-follow-up
>Novo Confirms Delivery of Steinert KSS Mechanical Sorter and Provides Operational Update From Beatons Creek

Sheesh, looks like QH has been hell-bent on proving KL and ES wrong this month. He's on fire lol

>>25191999
>Novo Confirms Delivery of Steinert KSS Mechanical Sorter and Provides Operational Update From Beatons Creek
https://ceo.ca/@nasdaq/novo-confirms-delivery-of-steinert-kss-mechanical-sorter

forgot the link to the last NR

>>25191999
huh very odd, but I do love reading about this particlar deposit. If Novo has figured out the highest concentration zones in that paleoplacer material than it could be a bonanza, but I am still hesitant about that whole project, I am not sure it can make money. I am hoping I am proved wrong.

also nice trips!

>>25192100
Thanks, nice dubs.

Yeah I'm also a little hesitant myself about Novo (although I haven't done thorough enough research on the company and its land assets). But if they do crack the code there so to speak, the area will start attracting majors. There's already a bunch of juniors in the area around Novo's claims. Will be interesting to see what comes of the Pilbara/Kalgoorlie region.

"Bob Moriarty: Yeah, but you just said something that, unfortunately, it’s the way most investors invest. They want to buy stock and they want to sell it high. That actually is a logical failure and that’s why they don’t make money. You want to buy and make a profit. You do not have to hold onto it until it hits a new high. There’s lots of stocks that you can make 100%, 200% a year. Buy and hold is probably a mistake if you are a true contrarian. If you’re a true contrarian you want to buy when everybody hates stocks. If you go to the chat boards, you’re certainly aware of CEO.ca. Everybody’s been out with their long knives trying to stab Novo, Irving, and Lion One. That’s exactly the time to buy, when everybody hates it."

http://energyandgold.com/2020/12/26/bob-moriarty-weve-seen-the-bottom-for-gold-and-silver-junior-miners-will-be-up-substantially-a-month-or-two-from-now/

Bob Moriarty: We've Seen The Bottom For Gold & Silver, Junior Miners Will Be Up Substantially A Month Or Two From Now

>>25187618

just realised that Genesis' Chevrier property is in the Abitibi's Chibougamau mining district, right next to Dore Copper and QC Copper and Gold's properties. Lots of infrastructure and a skilled workforce there, along with great grades. Under recognised area for sure, although QC has been starting to get attention recently.

>>25190790
>The people who have thousands of ounces of silver fucked themselves over by not putting that money into gold, which will always be the better asset

Maybe in 1940, but silver will be the king of the 21st century. Silver has always been my favorite metal anyway, over 4k Ozt and counting. No regerts.

>>25191993

>>25192253
The area isn't far away from Timmins either! In the same Greenstone Belt

>>25191882
please don’t tell the Americans-

I guess I'll bake

>>25190790
As someone who works in solar, fuck you faggot

>>25190790
based and true

>>25170384
What happened in 2016? They have 0 gold reserves? Da fuq

evacuate

>>25192493
>>25192493
>>25192493
>>25192493

>>25192503
Trudeau.
https://globalnews.ca/news/2557900/canada-sells-off-remaining-gold-reserves-has-just-77-ounces-left/

>>25192434
Lol okay retard, the silver moonshot is coming any day now right? You always say it’s right around the corner, but it never fucking happens. And when it did hit ATH it crashed and returned to normal in a few years. You want silver to moon so desperately you make arguments based on emotion and not fact. Goldchads like >>25191928 will always be wealthier than you silvercucks

>>25192223
my issue with them is that paleoplacers are always a massive pain in the ass to properly map. They are almost always extremely scattered and patchy, with concentrations of course gold in often random locations or where later geologic processes have disjointed the deposit. It makes planning an actual mine around them near impossible. A paleoplacer mine on the Frazer River near Prince George BC back in the 90s put 10 million into an exploration and mapping program on a cemented paleo channel 100m from surface, thought they had the place figured out and started underground mining. The project went into receivership a year later after only recovering 60oz's of the expected 10,000oz. Thats how problematic these deposits can be.

>>25192702
Oof, sounds like very risky business. Yeah I'll just stick to VMS, BIF, sulphidation, alkaline and porphyry deposits

>>25191770
Neat. You should get a nice variety of different Sovereigns to fill it with.

>>25190472
i only joined /pmg/ around the first of the year. stacked as much as i could for about 8 months. now haven't added anything new to the stack since Oct or so.
nothing new to post about now i guess.
just stacking fiat for now thinking about putting some fiat into miners.
otherwise just lurking here to read the discussion and occasionally repost old pics