/biz/ - Business & Finance

Gold is up 8 dollars. Are you homosexuals going to fuck each other in the ass to celebrate?

>I'm gonna be entering a short-Tether carry trade tomorrow. Should I go one step further and long Kinesis silver (KAG) on top of it? There wouldn't be any risk of liquidation in a dollar coin to dollar coin carry. If Tether doesn't implode in 6 months I'm gonna close it. What do you think the possible price range of silver is on June 3 and what probabilities do you assign to the prices?

Oh boy, can't wait for JPM to slam down Silver in the middle of the night because they hate $27

The negativity in here is bullish.
The chart makes me believe we'll be taking out 2020's highs in Q1 2021.

>>25475542
first for comfy

Ive been reading recently that the price of gold and silver might be being suppressed, Is this true and does anyone have any links to further confirm this?

Riding into new year with newfound optimism. It feels like I've been awoken from a bad dream.

>>25475542
Fuck this shit I’m not buying until 2022 now

Most people are too delusional with their massive "gains" from digital illusions of wealth. Not realizing the real money will be completely gone before they realize it, by then it'll be too late and you'll be stuck in the trap.

>>25476101
Many of them don't realise they won't even be able to cash their gains once music stops playing.

>>25475956
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idINKBN26K325

Fibonacci in the short term is showing us at 26.77 and 26.65 on the 5 day timeline looking at things in a 4 hr interval. Looking at the 1 day. Fib says we are overbought.

What is this pattern called?

>>25476153
Its all a trap. Physical is the only wealth

This is the 4 hour chart.

>>25475652
yes

What's everybody's thoughts on miners atm? I'm currently sitting with RIO, GOLD and BHP.

Outside of PMC I think lithium is looking good too.

>>25476153
This isn’t true - why do you keep saying it? I cashed out 100k instantly in coinbase and withdrew it all in 5 days of payments.

>>25475956

Silver anon posted all the evidence a few days ago, the Bart Chilton interview with Chris Marcus is the most conclusive thing, also find a video called "When the shorting stops silver pops" with Craig Hemke

>>25476480
Lithium makes sense considering how many electric cars will be made in near future.

>>25476347
fibonacci can suck a dick because we just broke 27

>>25475956

Also watch this: https://www.youtube.com/watch?v=bKLQGJ_GGZk

>>25476632
If you do this early then yeah congrats. But those who hold are gambling every day.

Oh boy, here we go!

>>25476480
This 100% is what I was thinking about.

>>25476480
I have been investing in base metal exploration companies, mostly with copper as the main focus. Basically going through TSX:Venture and researching.

>>25476642
>we just broke 27

Up we go frens!

>>25476347
TA is such a meme

You crazies keep trying to fight the illuminati/freemasons. The future is blockchain. They want to spy on all transactions. That is why they will destroy gold.

>>25476810
Yep I think copper is a great call too. Somebody is going to need to wire up all those powerplants in the near future.

By the way silver is going to 500 but its going to crash to 40. So you better sell at 500.

>>25476927
lol he doesn't know you can own both.

>>25476737
Ah, I've seen this movie one too many times.
When I wake up we'll be in the red.

>>25475956
I asked a similar question a few days ago, pic related was the reply I got. They are all good but I like the Craig Hemke one.

>>25476101
You only have to look at what the Russians and Chinese are doing, they are buying gold and silver like theres no tomorrow now for years, the central banks who did nothing but sell it and told everyone to stay away from it have bought more in the last 2/3 years than the last 60 combined, These people know exactly whats happening in the world and were things are going in the future.

It boggles my mind that nobody, especially shitcoin buyers are even noticing this and are just going along with the herd in falling into the digital prison they are all celebrating being in right now.

>>25476927
>Want to spy on all transactions
>Go digital to prevent this
Lol. Faggot Fudders are this dumb.

>>25475652
>>25476927
>>25476983
> you crazies
> the illuminati
> silver to 500
Make up your mind you sicko

>>25477180
Based

WHAT IS THIS PATTERN CALLED?!?

Literally everything is melting up, seems like the final crack up boom is here before people lose faith in their currencies forever.

It used to be that lower interest rates were needed to sustain the system, then it was money printing and low interest rates, then it was money printing and zero interest rates and now it's stimulus in addition to QE and zero percent interest rates JUST to sustain the system, not grow it.

The fact that pmg is such a tiny thread on this board just shows me how many sheep are going to get slaughtered with what's coming. All the attention is being put on crypto to take attention away from the true and only salvation, physical metals in your hand.

>>25477502
the nose of death

>>25477031
yep. We break 25 by noon

>>25477502
I'm bullish but its going to be a bart pattern by morning.

>>25477599
>>25477644
>>25477688


triple doubles in a row.

I say 30 or more before end of month.

>>25477502

It's called the Harpe of Perseus. The severed heads of Gorgons and wailing of belly-slithering cryptosnakes will be ours.

good to see futures up

>>25475542
rested and relaxed comfy postin

>>25477502
Did.... did they forget to turn the rigging machine off? They can't really be this blatant about it...

>>25477790
>Benis

>>25477502
ahh thats not normal

Dubs and silver hit $28 within 28h

>>25477946
Nah, the old chaps in London are asleep right now.

>>25476642
how is it that at +1.24% the spot price was over 27$, but now futures are showing silver at +1.95% but the spot price is now below 27...

can someone explain to a brainlet how that works?

>>25478063
futures go up spot goes down?

>>25478063
Future is potential gain while spot price is how it is now. Every instance of change on the spot price has a bid and an ask. Bid is how high some one is willing to pay is ask is how much someone is willing to sell.

Well, now that copper was mentioned
https://www.youtube.com/watch?v=EmcqpFBM96w&feature=emb_title

As a retard I feel inclined to buy because I like their logo

>>25477180
>have bought more in the last 2/3 years than the last 60 combined
source?

>>25477502

>>25478063
JP Morgan totally DOES NOT do ANYTHING to control the market price, goyim. Now stop asking silly questions like that and buy more miners and bitcoin.

>>25476480
I'm sitting on first majestic silver.

>>25475542
Is this gain in price due largely to stimulus being given out?

>>25478518
this
Hold on, I have a bunch of youtube videos of people that are totally not silver shills telling you how the COMEX secretly defaulted last year and JP Morgan are eating babies to control silver prices.

>>25478529
2400 shares deep in FR myself, their drop to mid 12's CAD was too ridiculous to pass up.

>>25472729
My favorite of the lot so far is hecla. We should get a discussion going on the majors. I like hecla because of their regional exposure and they have their fingers in a lot of pies. Especially Dolly varden if I remember correctly. The question is how much room these stocks have to grow. Most of them haven't even reacted to the silver gains of last year.

>>25478063
>>25478165

I was looking at futures and only futures the whole time on this website: https://www.investing.com/indices/indices-futures

when silver was +1.24% as seen in this screenshot >>25476642 , silver was at 27.035 / oz.

Now, silver is +1.95% seen here >>25478063 , the spot price is back below 27$. I dont understand how the % could go up but the price go down when looking at the same chart the whole time, even w/ JPM manipulation. If JPM is manipulating, then the % should go down in relation to the spot price

>>25478546
Yes and the debt issuance from the war package from congress.

>>25478047
dubs and silver hits $16 by end of month

>>25475542
relax mode: activated

>>25478546
>is this gain in price due to
Nothing. It is due to literally absolutely nothing. The prices of PMs are 100% under computer control.

>>25476176
>>25476638
>>25476682
>>25477169
thank you very much going to check all this out

>>25478632
Hecla is one of my favorites because their leadership and management teams have weathered all sorts of utterly horrible financial and economic hardships. The company has existed since the turn of the century as one of America's leading silver producers and builds projects even in bear markets. Their plans for Dolly Varden go back a long time too, I see them taking over what ever mine comes out of that camp in a few years.

>>25478659
Do you think we’ll see a deflationary event any time soon like David Hunter predicts? Or would that be the crash of the economy and nobody would want to sell their PM’s anyway?

>>25478741
>Their plans for Dolly Varden go back a long time too, I see them taking over what ever mine comes out of that camp in a few years.

Are buyouts the true play here w/ these explorers?

>>25478718
I know JP Morgan fucks with the price but how is it under “computer control”?

>>25478326
Source is being alive for more than 15 years

>>25478783
That depends. I am expecting a stagflationary environment for many nations however, this depends upon centeral bank and goverment debt issuance.

>>25478841
High speed trading algorithms trading paper contracts

>>25478841
they have bots that eat babbies and control prices automatically for them. Every time the price goes up the bots eat 3 babbies and short silver 15 billion times each

>>25478833
It depends on the explorer, most want to just find a resource and upgrade it for option / sale, while others are really in it to build a mine. Dolly Varden for example will likely option or make a partnership with Hecla to develop a mine than move on to another project, while Ascot Resources for example wants to become a regional player with their mill operation running material from any number of smaller partnerable projects.

Seems like a head and shoulder pattern forming.

>>25478833
Producers can't grow more gold in their plots. And there has been an absolute CRUSH on exploration and discovery for gold resources. IF you have the cash flow from your mines then you have to expand and/or start financing other projects.
Explorers with guaranteed reserves are how you short circuit years of uncertainty from acquiring and then assaying new land claims. Producers will pay huge premiums to acquire promising explorers with known mineralizations.
Eskay Mining has been my baby for months because of its proximity to neighbors that will want to buy up their promising plots from their drill results. I think its the best short term speculative play in gold that there is.

>>25478546
>>25478659
i think the stimulus was priced in since last week
you're just seeing a continuation of the bull trend imo
i wish i went in harder last week lads

>>25478783
I think we're in an absolutely crushing deflation right now (all small businesses closed killed velocity) which is being offset by the ridiculous debt monetization.
If/when they let people get back to their lives and the economy restarts and velocity picks up the deflation will end and we'll be in hyperinflation.

>>25475781
>JPM spikes the price down over night
>actual price to buy doesnt change
What did JPM mean by this?!?

>>25479111
Checked, and I know. They are trying to price in the senate race in georgia. Eitherway, that is just one factor when you have market manip on the other end of the spectrum.

>>25479082
>Eskay Mining has been my baby for months because of its proximity to neighbors that will want to buy up their promising plots from their drill results.
usually instead of buying they sue the neighboring explorer and get their ore in court for free.

because the neighboring companies probably own that ore anyways. Surface ownership doesn't matter.

How high of a run could we get in the next 2 months? Are there any substantial levels of resistance?

>>25479166
It's not just JPM, it's the whole consortium of governments/banks/militaries/mafias that keep PMs right where they want them. Shit sucks man.

>>25475542
provident metals also sell bullions. i've made majority of my silver purchases through them, if you'd like to add it to the list.

>>25479082
Both Skeena and their partner Barrick must be foaming at the mouth thinking about Eskay's more recent finds. Down the line they will likely become partners to help further exploration.

>>25479301
They are under the same company as JM Bullion. JM bought them out.

>>25479229
Dont think that will work in this case, both parties own their separate hard rock ground fair and square as far as I can tell. Eskay's territory is fairly far away from the past producing eskay creek mine as well so no over lap in old workings.

>>25479118
So if I don’t buy now how long do you think it will take before we see silver hover around the $20 mark again?

>>25479385
sounds good then. It only takes one fault line connecting the 2 to provide a solid basis for the first producer to take the neighbor's land.

>>25476810
This is exactly what I want to know about.

Credit Suisse has some basic metals and miners coverage but it’s basically bullish on TECK NEM GOLD. Maybe some other Canadian miners I have to take a look.

Where do you get your intel?

>>25479636
under BC law if both parties hold hard rock ground and one has existing workings underlying them than that section goes up for arbitration, however its usually sorted out outside of court. You usually see more issues with hard rock and placer title holders than hard rock and hard rock together.

>>25479731
have a look at Centerra Gold if your interested in Copper, they are fairly well situated.

>>25479507
Premiums on silver are already 15-20% here in Canada, if silver actually dropped to $20 any time soon I don't think you'd get any physical near that price.
Physical silver has been accumulating in very strong hands for a very long time.

>>25479783
I assume it's much like the US, where the first producer has rights to the second producer's metal, but both companies would rather pocket the gold than spend it on lawyers so they consolidate as partners. Where you see courtroom mining is when one party is producing and the other is not. In those cases it's often worth it to haul the non-producing party into court and bankrupt them with legal fees.

what types of coins should i buy next guys?

Peter schiff betray.

im a big fan of constitutional silver, i want to buy some world junk too but i cant find any

>>25479945
be gone troll! all hail Schiff

>>25478326
>source?
Andy Schectman

https://youtu.be/FgJwWaTuVXM?t=591

>>25480080
>source
>youtube vidoe of some guy that's totally not a silver shill guiz I promise

>>25480047
>>25479994
>>25479937
Nigga how many fucking times do I gotta tell yo ass to stop using my name?

>>25480080
I advise anyone to listen to this fully, one of the best interviews ive heard in the last few years

>>25480047
>>25480171
african americans can't use tripcodes, episode 5

>>25479936
Nope here who ever stakes the ground has the rights. A big company cant just grab a juniors because they have a bit of old workings attached under it next door. Its part of old Canadian mining law from the gold rush, meant to promote groups working together. If their is a contention over old workings you either go to the judge and it gets sorted out or do it in an office like gentlemen. It usually goes something like "hay we have 200m of drift under your territory, can we hold onto that cell its intruding on if we lease it from you for 10 years?" "sure that works! we will invest that into drilling nearby"

WHAT JUST HAPPENED????

Ahhh it's happening again

Can I get a retard pill here? Will precious metals appreciate in value or simply be a solid store of value. Either way I'm 177% in.

What the heck was that

>>25480384
price shooting up fyi, but gold not as much?

>>25480347
Makes me smile. Canucks are so polite!
I should've known you'd have a civilized method of dealing with it.

>>25480408
decently appreciate because in the current climate they have been pushed down; greater returns will be made on select miners, at greater risk

>>25480419
JP Morgan's bots controlling the price of silver ran out of babbies to eat and allowed the price to suddenly rise. A new batch of babbies was delivered to the bots, but it ran out moments after they began consuming them.

>>25480408
Both. As a store of value, the metals have a price "floor" they can never go below due to intrinsic value and the cost of production.

They will likely appreciate in purchasing power during inflation as institutional investors finally move back in and the PM's become a larger percent of global financial assets. They are currently at like 1% of all assets, could easily go to 10%.

>>25480408
> metals appreciate in value
Eh slow down there buddy, don't get sucked in before you do your own DD/research.

>>25480419
The rich fucks are cashing out the last of their bonds now.

>>25480514
JPM exited their short position.

Only up from here on out fren

Algos are autistic and will want to "fill the gaps". I am buying SLV put weeklies tomorrow.
Yes I know its part of the scam but on the short term I can hedge these dumbass algos.

>>25480671
I'd screenshot your post for next week when the price is crabbing at $25 again, but why bother? Still waiting on that COMEX default from last september.

>>25480171
>Nigga how many fucking times do I gotta tell yo ass to stop using my name?
i appreciate being copied

>>25479731
I just look at the freely available information and the pitch that the company has and evaluate from there. They need to hit a sweet spot of having a good claim, infrastructure to operate a potential mine, legal blessings from the government/locals and other miners, and a good/honest management team. That's also roughly from easiest to hardest to determine, but the company shouldn't be omitting any of those areas in their pitch.
Generally there are old government studies on any place that exploration is being done and I dig those up to see if there's anything interesting (I have a degree in geophysics but it isn't my day job, anyway ymmv on reading technical reports/studies).
I'm just looking at exploration so these are microcaps that aren't producing, and I can expect that they will keep diluting to raise capital as they get further along (or fold).

>>25480419
lets get it

>>25480721
I started researching/buying metals in 2015 and the COMEX default was going to happen any day back then too..
Any older gents know exactly how far this meme goes back?

Wtf was that silver is 27.34

>>25480822
The COMEX is so opaque that its impossible to tell what they really have. It is a gigantic black box. What is known is that they nearly doubled overnight the number of allowed certified vaults for delivery back in April IIRC

>>25480171
sshiiiit nigga das cold af naw'm sayin. Mesuh gonna buy buncha whyte wammins when I sell me gold. ooga booga
Jews did 9/11

>>25480822
CRIMEX

>>25480514
Is there any way I can deliver some babies to JP Morgan? I want cheapies

>>25480749
>>25480963

begone name fags.

Pan man/pmg baker/ and floor stacker are the only exceptions

>>25480822
its much more likely now w premiums higher and commodity pressures

>>25480941
>sshiiiit nigga das cold af naw'm sayin. Mesuh gonna buy buncha whyte wammins when I sell me gold. ooga booga
>Jews did 9/11
come on man, grow up. /pmg/ should be an inclusive place for all races that stack metals

>>25475956
They've been saying this for over a decade and it continues to perform below expectations.

>>25481066
Mup da doo didda po mo gub dat tum muhfugen bix nood cof bin dub ho muhfugga

>>25480171
>>25480223
>>25480749
>>25481036
SHIEEEEEEEEEEEEEEEETTTTTT

>>25480986
do you have some? I'm sure they'd be happy to have them. Just send them in with your monthly debt service payment to Chase Bank. Mark the envelope, "DO NOT BEND - BABBIES ENCLOSED."

You know when they are trying so hard to derail a thread that you are in the right asset

>>25481036
i prefer to be named

>>25481066
yo dis nigga got dat bling bling damn sonnnnnn
I'm goin loooooong some Frriiiiiied chickun niggaaaa

I bought an ounce of Gold back in November at $1905 (including the premium) and now I'm finally in the Green.

>>25481270
Your name is Toby

>>25481189
whyd u copy my name too

>>25481363
filtered

>>25481237
>You know when they are trying so hard to derail a thread that you are in the right asset
exactly

>>25475542
Everyone mass report the nigger for avatar/signature use and janny will take him out to the trash

>>25481489
I fucking love some BASED BLACKS. Holy Shit! This nigga buyin gold and silver n shiiiiit. FUCKING BASED

>>25481237
Too true, I assume anything official is likely an outright lie or truth twisted into propaganda and tune it out.

>>25481561
how new are you?

>>25481533
Mup da doo didda fried chicken po mo gub grape soda dat tum muhfugen bix nood watermelon cof bin dub ho nahm sayin nigguh?

>>25481270
Your problem is you have no identity outside your ridiculous name.
Any troll can post any random bullshit with this name and you all look equally retarded.

>>25481561
just use a filter, it's easy

>>25481561
thats messed up i didnt do anything, and im being harrassed by imposters

>>25481561
listen up niggas mass report this nigga for racism an shieet

>>25481066
>come on man, grow up. /pmg/ should be an inclusive place for all races that stack metals
understanding that making fun of each others differences in good jest is what separates us from neo-communist animals my negro

Lets please get back to discussing metals

Graven images

>>25481709
the thread is getting derailed its not fair to others

>>25481727
>>25481771
ayo dis nigga right!

>>25481727
Have you considered metal recycling? People throw away billions of dollars worth of gold, silver, plats, and rare earths every year because they have to pay to recycle them. It's a largely unexploited niche in the metals ecology

>>25481562
if u like me then stop copying my name

>>25481845
Ayo nigga you got any lean an’ crack n shieeeet? Ima bouta rob all deez cracks azz muthafuckas blind n shieeeet nahm sayin bix mood nigguh?

>>25481845
>>25481835
>>25481820
get a room

>>25481845
>if u like me
nobody knows you

BROSSSSSS SILVER IS GOING UP AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>25481771
>>25481820
>>25481835
you're wanted back at r9k

>>25481757

>>25482025
meh, we will see if it lasts to market open, I think we are all jaded in here after seeing a lot of these pumps die overnight

>>25481771
Das Right

>>25482062
These guys are totally protoss players.
Actual human debris.

>>25482076
>>25482025


Yeah that's the only reason I am not excited about today's pop so far. There's just a strong chance that it will get knocked down at 8:30 AM EST for market open. That's just the way it goes.


The fact that we had a weekly close above 26 last week was really good however.

heres some roosevelts i stacked

>>25482011
>nobody knows you

im trying to make a name for myself to no avail, bc of jealous imposters like you

>>25482202
ayo dis nigga got DAT BAG

>>25482202
>>25482244
awwwww shiiiiiiiit

gold broke out of its ath downtrend and trumps invading iran lfg

>>25482202
Ayo nigguh how much crack cuh ize get wid all dem silvah dymez n shieeet?

>>25482202
>im trying to make a name for myself
Then stop crying. We do this with all namefags. We were all Pan Man for a week. Most of us have been Floor Stacker or PMG Baker at least once or twice.

>>25482176
Oh yeah haha this thing?

I blame the Jews.

>>25482378
>implying the nigger has the mental capacity to understand humor

>>25482383
Like clockwork.

>>25482378
I will prove myself to be worthy of namesake

>>25482424
i attended an excellent university

>>25479249
imo it is in either one of two cycles, either a wedge or upward trend starting from Dec 1.

Wedge - $27.60-28 will be resistance and will crash back down to $22 as the minimum. From there it will continue in $22-$26 range for many months, until mid Oct 2021.

Upward cycle - $28 then $32 will be resistances but it could go as high as $38 range by Feb 28 if it continues what it did in Dec 2020. I am leaning towards this being the case but I could be wrong. I think there are a lot of factors pushing it up right now

t. Stacklet with a little TA knowledge

sovreigns baby!!!

being a nigger is cringe, larping as a nigger is even more-so

how much of this rise is the expectation that the socialists will take the senate? according to this they're now favorites...

https://www.electionbettingodds.com/

as much as i want to see my holdings moon, i can't root for socialists, identity politics, gulags.

>>25482561
>Wedge - $27.60-28 will be resistance and will crash back down to $22 as the minimum. From there it will continue in $22-$26 range for many months, until mid Oct 2021.

its hard to fathom this happening unless the JPMs of the world takeover

>>25482586
>being a nigger is cringe, larping as a nigger is even more-so

being racist online is cringe and edgy

>>25482578
Nice, you're ready for twitter bro.

http://www.coinflation.com/silver_coin_values.html

going up

>>25482656
>Nice, you're ready for twitter bro.
???

>>25482514
why do so many not so special black people think they are worthy of special privileges?

anyone in $UUUU?

>>25482637

>>25482514
> “i attended an excellent university!” the nigger says while his IQ is room temperature at best

>>25482578

>>25482755
im sure youre far more ordinary anon

>>25482777
>> “i attended an excellent university!” the nigger says while his IQ is room temperature at best

racism is for ppl w/ low IQs

Bayhorse will moon tomorrow, hope everyone is positioned

>>25482794
Show us a timestamped photo of your gold with your disgusting black hand in it, nigger

>>25482794
I like you.
You derail threads responding to trolls while trying way too hard to fit in.

have you ever considered a career as Big Bob, metals recycler and silver hater?

>>25482634
>as much as i want to see my holdings moon, i can't root for socialists, identity politics, gulags.
sounds like you don't know that either dystopia oor war is inevitable now. Why do you think anons here stack anyway? You think society can save itself from communist destruction without war?

Who else be stackin' Newports n shiet?

>>25482794
I'm alright. PhD student in first year. Working on the side in web dev. Getting married soon. Nothing super special, at least not worthy of a name here. Why the fuck do you think you're special?

>>25482561
Why those specific time frames?

>>25482976
is that in regards to the menthol ban? I was thinking about picking up a few cartons but i wasnt sure how to store them

>>25482976
Hellz to the yeah muh nigga bix nood!

Kys random new namefag and absolute glowies bringing racebaiting into a fucking rock thread

my chihuahua and and maple!

>>25483126
are you the leaf on /out/ that froze his toes?

>>25482976
menthol futures be moonin' nigga, we out here finna arbitrage wit da NIGEX
Finally the watermelon:menthol ratio gonna go back to historic balance and shiet

maples!!!!

Idolatry

>>25483197
>we out here finna arbitrage wit da NIGEX
Hahaha this was good

>>25483126
Thanks man, I’m gonna tell all the upstanding young black men in my community (who happen to really like the color red) that you have tons of gold and are willing to share with them!

>>25483033
It is just TA lines and how far they extend out

>>25483197
Kek I’m gonna use this pasta

>>25483090
They're really scraping the bottom of the barrel for distraction tactics when they start playing on racial tensions
>>25482822
Dude quit trying to make yourself seem special because of your race. If you posted as anon and poated hand with stack it would be far more effective for what you're trying to do. There are a lot of room-temp IQ posters ITT, and you're one of them.

Bay horse is a a shitcoin. Just buy bitcoin.

Here's a tip fo all my real niggas who be stackin', use ol KFC buckets to sto yo junk silvah, it be a real space saver n shiet.

What in the world has happened to PMG in the last few days?

>>25471501
I know another anon answered this pretty well, but I'll add my 2 cents:


The basic gestalt is that you make money if the stock hits at least a certain point within the timespan of the option, but you lose everything and you don't.

The whole enchilada is that options are nuanced. The price of the option depends on the current stock price and other shit like the length of time remaining on the option and the present volume. You are actually just paying a premium for the ability to exercise the right to buy 100 shares of stock at the option price. The cost of an option varies wildly; for example, my GOLD calls are down like 10% and the stock hasnt really moved much at all since I've purchased them, but if it does bounce back to $26 a share in February then I should have around 50% profit if I sell the option at that time. Options have numerous metrics (called the Greeks) that impact the price of an option, but just try to buy them way the fuck out over a year at a slightly above current stock price or head over to /smg/ to be a degenerate gambler.

I've read enough into Barrick to trust that they are going to go up a decent chunk over the next year, and I'll probably sell all or most of the calls after a year to reduce risk and still avoid regular taxation. Play with optionsprofitcalculator.com to see estimated returns for stuff, I like the graphs.

>>25483384
Distraction and dissension tactics. Just keep buying physical.

>>25483384
Niggers

>>25483384
it's weird, but if you just use a filter you don't even see it

stackin

>>25483384
no fucking clue

>>25483221
looks like those sheets absorbed your browness

>>25483444
Checked and nig’d

caught him snooping around my stack!! :0

>>25482822
Wanting brownie points for having black fucking skin is for morons with zero IQ

>>25482853
its honestly going to be interesting to see where these guys go, I mean if they actually get a boost from silver going up than thats great even with their past track record.

she loves trump rounds!

>>25483665
The only way this pic could be more niggerly is if it was a niglet getting choked

>>25482853
Do you promise?

>25483794
>give me attention!

Northern Dynasty Minerals what do

ready for hammer down before tmrw morn

>>25483126
Fuck these guys, the general is for everyone, don’t be dissuaded by there douchery my dude. Welcome to the community, you’ve got more physical wealth than most now!

>>25483897
on silver prices that is

>>25483887
ahhhhh sorry to say mate abandon ship. Pebble seems dead unless NAK can get permits.

>>25475956
Is the price can be successfully suppressed, then that is truly the fair market value of the commodity. This simple fact can’t be comprehended by the grug brains in this general

>>25483897
Niggers are so predictable

>>25483933
>Fuck these guys, the general is for everyone, don’t be dissuaded by there douchery my dude. Welcome to the community, you’ve got more physical wealth than most now!

thanks man youre the first one to be cordial towards me thats really appreciated, i guess they dont like to see black pirates

BTU Metals has 54 people viewing their CEO.CA chat at this very moment. I have been browsing this site almost daily for months and have never seen anywhere close to that number of people looking at a company that small (17m market cap) at one time. PAN MAN or anyone else familiar with BTU Metals?

>>25483940
I like your name dude don’t listen to the autistic anti-name spergs

>>25483384
Conformation that we've chosen the right direction

>>25483977
>the first one to be cordial towards me
Maybe because you were calling everybody that didn’t like you a cracka, fucking retard

>>25483994
thanks man! its quite unfortunate to be treated so poorly given im new here

i really do enjoy laughing at all you pathetic namefags. i post anonymously on a thread about precious metals on a basket weaving forum and i’ve been stacking silver for 30 years now. you "people" are the most pathetic i have seen in a long time. none of you will ever be as successful as me no matter how much priceless silver you claim to have.

>>25484039
>Maybe because you were calling everybody that didn’t like you a cracka, fucking retard

i was only trying to defend myself against racism, but i wont anymore

>>25484045
>NOOOOOOOOOO! I must be hailed as a king for the simple fact that I’m a nigger!

>>25483955
Gold silver ratio should be 1/15 or less.
So if dow goes to 15, gold will be at 30k
Silver at 2k. Depends on what the free market does.

>>25484069
Do you own a recycling business?

>>25484103
I don’t see race I just see stackers of a low value commodity

>>25484045
I think your name is intentionally inflammatory and distracting, but it does give me an excuse to report nigposters, so I'll give you a pass. For future reference, it's prolly best to stay as anon.

>>25484124
>So if dow goes to 15, gold will be at 30k
>Silver at 2k. Depends on what the free market doe
lets go!!!

>>25484124
You don’t get it. It’s impossible to suppress a price. We are going on 40 years now of “suppressed” prices. If people are willing to buy and sell silver at <30, then that is what it’s value is.

>>25484157
just gotta

>>25483993
I ve got them on my watch list because they invested in their own survey drone setup which worked great, but I havent gotten any news off them, other than that cutie helicopter pilot pic from their twitter.

>>25484235 just gotta ignore the incels >>25484157

>>25484215
Kek, I don't think you understand the power of the free market vs JP Morgan manipulation

>>25483794
Trump rounds are pretty baste NGL, but I and others here would like to know where you heard about /pmg/ and what part of the internet you came from?

Has someone been proselytizing on reddit or instagram? Linking on twatter?

Afrostackers are pretty rare, as the tendency to think and prepare ahead and stockpile resources for hard times wasn't really developed south of the Sahara, but instead of tripfagging you can post semi-identifying pictures like the Asuna and Yukariposters or me with piles of sterling silver scrap or artifacts to let anons know you're monitoring things. Tripfagging is pretty lame. Good to have more blacks stacking though.

>>25484273
But that’s my point. If they can successfully “manipulate” the price, then that is it’s actually value

>>25484295
No. It is a false sense of value

>https://www.ebay.com/itm/One-Troy-Ounce-999-Fine-German-Silver-Buffalo-Bar-Bullion-Collection/133625138374?hash=item1f1cadccc6:g:VV8AAOSwHsRf78-v
some anon better bid on this or else I will - $3 below spot!!!!

>>25484357
obvious bait post is obvious

>>25483955
Correct, if the price of a commodity is set artificially low, this should cause a shortage of that commodity, eventually.
We'll see.

@25484265
>37 Posts by this ID
>Name is longer than an entire Anon ID/Timestamp
>Autism
>WHY IS EVERYONE TROLLING ME

I'm black too but you don't see me trying to be a namefag, you haven't contributed anything a regular anon couldn't, you're no worse than that "The Devil" guy or "42" or any other useless namefag on PMG

>>25484283
>I and others here would like to know where you heard about /pmg/ and what part of the internet you came from?

no specific area i liked r/silverbugs but realized 4chan is better on my own

>>25484283
>Afrostackers are pretty rare, as the tendency to think and prepare ahead and stockpile resources for hard times wasn't really developed south of the Sahara

its quite unfortunate, the welfare system isnt conducive to stacking bullion, unlike it is towards Jordans and jewelry

>>25484317
> false sense of value
> forty years

MmmmmHmmmmm

>>25484387
>I'm black too but you don't see me trying to be a namefag, you haven't contributed anything a regular anon couldn't, you're no worse than that "The Devil" guy or "42" or any other useless namefag on PMG

i will distinguish myself, i aim to be the greatest black stacker of all time!

>>25484419
The Federal Reserve owns the United States. JP Morgan is 1 of the 6 banks that controls the FED. They can do whatever they want.

>>25484295
Gold and silver are literally the only assets on the planet where the paper derivatives determine the value of the underlying instead of the other way around.

>>25484489
See

>>25484384
He gets it


It seems like they can do whatever they want because you wish the value was higher but in fact it is not

>>25484549
Why are you here then? You already made your goy mind up. Leave

Silver monkey hammer incoming. Freemasons are promoting bitcoin. Why not join the winning team anons?

Curent goal is 100oz of silver

Will I make it lads?

>>25484589
lol really? How old are you kid

>>25484295
You don't understand commodities, markets, or fat tails. Same thing with inflation: 0,0,1,4,8,2,1,0,3,0,1,4,8,10,0,1,3,5,100000000.
Hyperbolic discounting and institutional incentives dictate that remote possibilities, even if everyone acknowledges them accurately, will be underpriced. Silver in good times has about 0 monetary value imputed into its price. In bad times all of its possible monetary value gets imputed into its price. The last 30 years have been constant suppression of the bad times, starting with the Asian Contagion and Russian Ruble debt default in the late 90s.

In the specific case of silver and gold, because no one cares to check on their gold in good times, it gets diluted and diluted on the market with paper gold and then suddenly when people want it (because they suddenly wake up to counterparty risk that was always there) they demand the real thing and the banks have to scramble.

If you don't understand how this stuff works you will get wiped out in something over your lifetime.

Buy bitcoin. We all sell out every day. Why not join the winning team?


https://youtu.be/C6dgppKq8UU

>>25484618
>starting
ramping up with*

>>25484405
Disagree. I’ve been stacking on gibs all year.

i really do enjoy laughing at y'all pathetic silver stackin' craKKKas. i own a fried chicken restaurant and i been in the bicycle stealin' business fo 30 years now. y'all cracKKKas be the most pathetic i have seen in a long time. none of you will ever be as successful as me no matter how much rayciss silver you have.

normally i dont buy into the hype but the fudding in this thread is unusual

>>25477212
He's saying they'd rather have bitcoin which they can track than gold which they can't.

>>25480514
jamie time is still a few hours away.

>>25475542
Looks like a short squeeze on the way, if we touch 1950 all hell will break loose and we might be on for a +100 day. Peter schiff will be happy.

The real manipulation is done both up and down which shakes investors out - if a game isn't fair, people won't play.
I'm not sure what this would do to price discovery, if I had to guess it probably "squishes" the market and makes swings smaller as there are less speculators; the big retail side will always be hedging their metals so they shouldn't really care about the price or winning/losing.

>>25484604
You're gonna make it fren.

>>25484618
You’re trying to time a market that moves on civilization time scales.

what do you guys think is a good stacking goal for me to aim for? I have a basic pirate level allocation

>>25484762
Precisely. It keeps huge segments of the population out of the market, freeing up massive amounts of physical to be hoarded by a few select players. By the way, this is why miners don't matter, because as soon as the musical chairs game ends and everyone realizes what's left over, there will be a mad scramble over the mines by governments and militaries. Anyone who thinks that ANY world.gov is going to give a fried shit sandwich about their mining stocks is not very smart.

>>25484928
DESU, cash is king in 2021 anyone telling you differently is a bag holder

>>25484928
Depends, how much gold/silver do you have and what is your home address?

>>25484618
>Russian Ruble debt default in the late 90s
how dare you make me learn about things
now I have to read

>>25484968
cash is trash tho

I thought you understood.
It's business, that's all it is.

You still don't get it....
There ain't no countries anymore.

They're running the whole show!
They own the whole planet!
They can do whatever they want!

We can have it good for a change.

If we help them [by buying bitcoin], they'll leave us alone to make some money.

You can have a taste ofthe good life.
It's what everybody wants.

>You'd do it to your own kind?

What's the threat?
We all sell out every day, might as well be on the winning team.

>>25484956
If we get to that point, we'll need food water and bullets and not our mining stocks.

>>25478741
I'll orobabky be moving some funds out of the Sprott trusts and putting it into hecla tomorrow. Their shares are two bucks while first majestic is 7. Plenty of room to go up and they have similar sized reserves and outputs.

>>25484755
Reminds me of the run up during summer.

>>25484466
checked

>>25484928
The ratio you want is 1:100:1000, gold, silver, and lead. Start with 1oz of gold, 100oz silver, and 1000 rounds of ammunition for a decent semi-automatic rifle, and you'll be in good shape.

>>25484887
Ok you also just don't know how to trade lol.
Everything I just said + obvious inflation = silver will move with all industrial metals in worst case and move with gold and outpace it in best case.
You're one of the 100 generic deflation technicians that has shown up here in the past year.
Go to bed Myron Scholes

>>25485070
Basically all the shit in Asia and Russia lead to debt trouble. For some reason Russia decided to keep its exchange rate from exploding and defaulted on debt that was denominated in their national currency, which is something that is deemed so outlandish by mainstream finance, that it isn't conceivable. This lead to all kinds of shit hitting the fan, which lead to a hedge fund run by a bunch of retard academics (including a nobel-lauriate) to fail single handedly blowing up the bond market in the US. They were trading treasury related products on 100:1 leverage. The fed had to engineer a bailout to keep the entire financial system from failing because of this one institution. One of the catalysts of the tech bubble and housing bubble.
Basically had a few academics not have been as dumb as the guy I was replying to, the world would not be as fucked as it is. And because the guy that your replying to holds the same ideas as fucking Myron Scholes, he will get wiped out if he doesn't have someone invest on his behalf that understands this shit.

>>25485321
I've still never seen anything quite like that insane SLV shill

>>25485396
What about the nigger that invaded a few days ago and had been shitting up the thread every time he is here? Like right now?

>>25483441
No niggers allowed.

>>25483441
you call yourself black? ive seen italians darker than you

>>25484604
ngmi

>>25485443
>1 post by this ID
How many warnings have you gotten for racism have you gotten by now? The namefag is annoying and not very smart but at least he doesn't nigpost nonstop like you idiots.

>>25475542
Lol @ the soicuck redditor that reported me for racism thinking I don’t have a dynamic IP

>>25485443
He's an actual person. Hell, he just showed his face. That SLV shill was some next level schizo shit, totally bizarre. Once he shows up again I'll know $50 silver in 2021 is confirmed

>>25485535
Nigger precious metals silver nigger cuck faggot tranny coom nigger

All you guys do is talk about miners
*offers no alternatives*

>>25485588
You are not as smart as you think you are

>>25485474
>>25485443
Watch, in a week some random millenial woke blog site is gonna run a story about how everyone that owns gold is racist because everyone told this guy to fuck off and you fags bit. The only reason you would be so self important to post this shit about diversity and your face here is to derail or troll. I don't think some faggot from

>>25485535
>>25485552
Is racism even a reportable offense on 4chan? Has it ever been? I certainly don't think so. The day the mods start banning people for racism is the day this website dies.

Now, post stacks and let's talk miners. Who else buying June calls? Loaded up on CDE and FSM calls myself

>>25485656

>>25485535
>NOOOOOOOOO you can’t say nigger and hurt my fee fees!!!! I’m reporting you1!!1!

>>25485656
depends on the board. i've been banned from /tv/ for posting that i liked a show because it has no niggers

>>25485656
>Is racism even a reportable offense on 4chan?
Yes. Racism outside of /b/ is a reportable and bannable offense. Why do you think so many of you stormtards get banned out of this thread so often?
>let's talk miners
No. Miners don't matter, and you're an idiot. In any scenario where miners skyrocket, .govs will nationalize because they're ALL printing money now.

>>25485535
I never nigpost. This namefag is an exception. I will guard board culture no matter what words I'll have to use, I've had enough of these nigger tranny namefags on my precious general.
>>25485644
He is most definitely a troll

>>25485396
>I've still never seen anything quite like that insane SLV shill
can u explain the shill to a new noob

>>25485765
>>25485644
You’re the janny that bans people for saying nigger aren’t you?

>>25485656
The /pol/ side of the chans is gateway to many abilities. Some would be consider, unnatural.

>>25485656
March (I think, haven't looked in a bit) calls on Hecla
July calls on UUUU
Jan 2022 calls on Endeavour

If crazy shit happens in the markets this month and we get temporary cheapies I'm loading up the options bags.

>>25485824
The nigger is obviously a plant by JP Morgan, notice how he showed up JUST AS silver began to skyrocket again? This shit isn’t natural

>>25485855
You can think whatever you want about me kid, it won't change the fact that calling anyone a nigger is a low IQ move.

>>25475956
absolutely. there have been several court cases where the big banks have been fined for manipulating the silver market especially. there was a guy some years ago who tried to blow the whistle and they ran his car off the road. shit is real for real.

>>25485765
>Not being entirely invested into a silver mine in Switzerland whose bearer shares were distributed through a private placement in 1910
ngmi
>>25485855
nigger please
But I have used it to remove really low grade trolls that take up 1/2 of the thread. Otherwise I'm not a bitch

Thoughts? I think we're entering a time where Gold (and possibly silver too) are pretty much fairly valued, I think 1900 was too high in 2011 but the price makes sense now 10 years later, silver also makes sense in the $25 range, maybe even higher 20s or low 30s too

>>25485535
Nigger nigger niggers. NIGGER NIGGER NIGGER. NIGGERS.

>>25485940
>nigger please
Reported

>>25482757
I got around 500 shares at the high $3s. I'm thinking of getting more. Is it too late?

>>25478518
if only those pesky courts would stop getting in the way

https://archive.is/sqO5r

>>25484283
I'm not black but I've always found the "black stackers are rare" meme a bit curious. Blacks love gold, especially gold jewelry (they're like the Indians in that regard). Now whether they have the savings and accounting skills to keep those assets is another question, but blacks have never had a problem with with purchasing gold, and as a side note, I've been to Ghana, Africa (a major gold producer), and they most certainly recognize it's value as well.

>>25486038
I..... I think it's trying to communicate, but I don't understand what it's saying. Maybe if it had more than one post by this ID, I would get it.

>>25485535
up yours janny nigger. Tongue my fucking anus faggot.

>>25486096
bad news last friday bro share offering

>>25486020
In another 15-20% for gold and 30% for silver I'll consider stopping buying if the rest of the world didn't change

>>25486128
>I'm not black but I've always found the "black stackers are rare" meme a bit curious
yes but jewelry not bullion which is different, especially regarding silver

>>25475542
I will make your life a living hell for the next three days janny, you’re going to regret banning me. Load up on hot pockets now, you won’t have any time to cook them because you’ll be constantly deleting gore and depraved pornography for the next 72 hours

>>25485443
SLV shill and the commie anti-nationalist shill were the two fucking worst in pmg history. The nigger in here doesnt even come close

>>25486128
Too bad all their chainz n grillz n bling are fucking costume jewelry.

>>25486230
>he's this mad

>>25486230
>I will make your life a living hell for the next three days janny, you’re going to regret banning me. Load up on hot pockets now, you won’t have any time to cook them because you’ll be constantly deleting gore and depraved pornography for the next 72 hours

jesus christ man

>>25485644
more gold and silver for us then

>>25486248
SLV shill was multiple people

>>25486266
Better get ready now janny, you’re going to be cleaning like you’ve never cleaned before

>>25485765
>miners don't matter
Some of us actually like making money to buy more bullion with. Think of miners like leverage. Nationalization of the mines is a far flung prospect to say the least, and of course I advocate for holding a significant physical stack alongside mining holdings as a hedge against such events.

>>25486248
then chill out?

IT'S HAPPENING!

>Barrick and Kinross bros off suicide watch

>>25486248
>commie anti-nationalist shill
when was there ever a commie here?

>>25486292
That's the most impotent hate crime I've ever seen. It's like the alt-right equivalent of a sjw street freak out

>>25486304
I'm not even a janny
You're just an idiot

>>25486342
I should have stacked more but I'm too comfy to work....

>>25486334
Stop being a nigger?

>>25486286
Definitely multiple people. Remember how the shilling magically stopped on Yom Kippur too? And resumed right after the holiday was finished? Really makes you think

Thinking of buying CALL options on silver and gold. Is this wise? Max time ahead and max price that exists.

>>25486344
latter half of summer (August?), was in nearly every thread for a week or so

>>25486370
>omg its a hate crime!!!
You really must like your wife’s boyfriend

>>25486397
For an example. I would call gold 5k or 10k in a couple of years... Silver couple 100. I already got a physical position (400oz silver) that is all.

>>25486128
Who said niggas don't stack?

>>25486401
what was he saying? pms are capitalist propaganda or some shit?

>>25486391
Alright I’m reporting you for anti-semitism

>>25486397
might be too late now if it keep popping. I placed an order on 20 more ounces of silver at 5:59 this evening. Regretting not adding 25 maples. I'm still 295 ounces from my mid term goal, before I consider switching back to stacking guns and ammo

>>25484215
you must not understand the paper market. there are literally 250 paper ounces for each physical ounce of silver. imagine if they all tried to force delivery of metal, the scheme would fall apart immediately. the only reason it hasn't yet is because they're all aware of the game at the top level. it's not a coincidence that as soon as silver starts to make a move in asia it gets slammed when the NY exchange opens. the music has to stop some time.

>>25486443
From what I recall he was just accusing anons of being nazis and facsists and shitting on hitler even when no-one mentioned hitler, other than perhaps ironically to piss him off.

>>25486397
It can be, if it works out. Timing is crucial in that regard. I made a great deal on SLV calls this summer only to see them slowly bleed out as silver crabbed downward. I'd recommend buying junior miners for some nice leverage with less risk than calls on ETFs. Many here don't like the ETFs in general.

At the moment I've been loading up on June 2021 CDE $15 and FSM $11 calls, a few SLV June $25 calls, lots of shares of CDE, FSM, and ASM, alongside a hefty physical stack. I also have a suicide stack of January 15th SLV $29, $31, and $33 calls, but that's only because I've been too stubborn to sell what I kept from this summer. Truly will be an act of God if I make a profit on those.

>>25486292
never laughed so hard lmaooo

>>25486516
these threads are half /pol/ and half libertarians anyway, I expect some people here to be nazis

>>25486516
that guy wasnt a commie he was just a jew

>>25486537
You're trying way too hard to fit in, lose the name and quit being 10+% of the thread pl0x
I don't give a shit about your race but you, yourself, are not very smart and are really annoying.

>>25486443
It was totally bizarre, not only the things he would say, but the way he said them. Truly schizo tier. I remember him going on about "shady sprott" and "shifty schiff" for days on end, he had like these little phrases and rhymes he'd type out, little songs about it.

He also advocated buying SLV "because it's real silver" instead of bullion.

>>25486528
>>25486468
I have 0 experience of buying options. Am based in EU and not sure even what exchange to check. But as I understand it you can call a certain price and the more "unlikely" it is to happen within a certain timeframe the cheaper options are. The timeframe could be a couple of years right? Now I just need to find very very cheap options calling for a near impossible price of gold and silver. The nearer the price gets the more my options are worth. So since we all know its set to explose with inflation or no inflation taking into an account, seems like a good way of making huge returns?

nigger faggot janny clean this up you subhuman shit stain

FUCK NIGGERS

>>25486609
I have no problem with that, in fact nationalism is alright in many ways. Commies should stay out, best for everyone
>>25486476
it's so tiresome but you are likely right and what I expect to see tomorrow morning

>>25475542
Who’s baking?

>>25486675
It sounds like you want to trade futures contracts on the price of silver and gold itself. I have no idea how to do that, I assumed that was only for the big boys. You could buy LEAPS on miners or SLV/GLD for a similar effect, but plenty of anons here will warn you against leaving money in those shady ETFs for years on end.

>>25486761
is baker around ?

>>25486659
I think anon was talking about someone else, but yeah I remember the SLV shill's inane ramblings

>>25486621
Seconded, the namefags will always be hated amd will blend in better as anons.
>>25486537
Get in line snowflake

>>25486777
Witnessed. Thank you anon. Will look into it.

>>25486675
it's risky anon, be comfortable with quite likely losing 100% of the investment, speaking from experience. Right now I'm sticking with miners in my investment account until I have 60k, and only then will I dabble again with 3-5k, and if I lose I'm waiting until i'm 60k again

>>25486805
Doesn’t look like it unfortunately

>>25486476
Traders actually got paid off in Nov and Oct to roll instead of take delivery

>>25486900
no issue

>>25486777
>>25486675
AEM has a policy of no-forward gold sales, so for a miner it closely follows gold and silver

>>25486863
But if it goes in the direction you called, you can still sell those options at greater value right? Doesn't mean that you need to wait till the end.
>>25486927
AEM?

>>25486908
Bruh you can't just post stuff like this without sauce

NEW FRESH BREAD
>>25486993
>>25486993
>>25486993

>>25486675
If you're trading Euro options (fundamentally different than American options) and turbos, just trade allocated bullion and miners.
European options can only be exercised at expiration so if you had 6 month options and there was a supply squeeze everyone expected to be fixed in 5 months, you wouldn't be able to make money on the supply squeeze. American options can be exercised at any point up to the expiration date.
And I really don't even know what turbos are other than its an easy way for germans to become spaniards.

>>25486943
Yes you can. If you ever are up decently I would suggest selling while ahead even when the easy money greed sinks in, because when the volatility goes the other way you'll want to kys.

>>25486943
>AEM?
agnico eagle