/biz/ - Business & Finance

>>25668993
How the fuck did we get archived so soon?

previous PMG got deleted I think so heres a new thread, I am busy the rest of the day in a community meeting on the BGM Project in Wells BC Canada.

Pic related gold for posterity

>>25669043
because nobody gives a fuck about your archaic boomer rocks

please moon already so i can quit my fucking job i hate it so much

The Dollar's time is almost up, any speculation on what's next?

>>25669263
>any speculation on what's next?
the dollar

Remember those few days of incessant shilling and shit-posting? I guess Elgin AFB got bored or decided PMG wasn’t worth their time.

>>25669325
sometimes we like to remind you that your threads wouldn't exist if it weren't for shills and shitposters.

What stage of a mining stock’s life is it a good idea to buy? Exploration? Development? Production?

Someone said Sprott just buys proven reserves and waits for people to pile in and sells

>>25669051
Thanks for that Panman.

>>25669501
best part to start buying into a project is as exploration starts. News from drilling and other exploration related areas will start to bring the stock up so long as results are promising. Also you still have to stick with many of these projects for a long period of time, you dont want to enter and exit all the time.
>>25669886
no problem!

>>25670210
Beautiful contrast

Fuck niggers.

>>25669043
Yellow Fever is runnin hot

I found a 40% JFK half dollar in the coin star the other day, that was pretty cool.

Anyone know if simple transaction history/order invoice is enough to prove cost basis for PMs? Does the IRS even look into the basis much?

>>25670394
pic related from one of the previous threads unironically gave me yellow fever

>>25670444
nice one
keep rollin' those digits fren

>>25670545
If you order large amounts ($1,000.00+) they can probably find out if you do it enough.

>>25669810
Crazy to think that a dollar then is worth 21 now in silver value.

I was thinking about how people who work at a minimum wage job cant even earn half an ounce of silver an hour especially after tax. Normies really are fucked.

if Biden wins I'm moving to Japan
I'll live outside Tokyo for $600 a month

>>25670622
Yeah, but through most of history the hourly would have been anywhere between a silver dime to a quarter an hour, and towards the end of hour silver standard you could earn over a half ounce, but the cost of living went up, and by then I'm almost certain the fed was printing more notes than there was silver. Not many saved up their wealth in silver, and they wouldn't have benefited from doing such until several years later.

Big Bob's recycling score today picrel
>>25670545
anything that shows how much you paid is fine.
they only look into it if you're flagged for an audit.

>>25670665
Why Tokyo anon? Kyushu is comfy and cheaper.

>>25670665
>if Biden wins
biden won 2 months ago, idiot

>>25670595
Oh I'm not even trying to hide that I bought PMs, just want to cover my ass when tax man comes asking what I paid for it

>>25670770
Cool thanks for the info

>>25670770
Trying to get platinum/palladium?

>>25668993
How do I get free gold? I just want to pan it

>>25670854
that's just brass. About 100 lb. The mine paid me $20 to haul it off. If I could do that every day I'd never work.

>>25670770

I own a collection of precious metals and a portfolio of carefully-selected junior mining stocks. You are nothing compared to me, you pathetic metals-recyclers. Your businesses will go to zero and you will lose everything.

>>25670935
kek

>>25670870
go to a well known gold region, find a creek with bedrock and river boulders on shore.

Go with a gold pan and basic tools like a shovel / pick / spoon and start chasing cracks in the bedrock. If there is gold in the area this is where it will be. Use the links in the above pasta for further info.

>>25670560
>>25670394
>>25670665
I used to live in Japan, it's a nice place but most women do not look like that at all.

>>25671009
can i get a simple job there like tending rice fields or gathering bamboo leafs?

>>25671009
What is this devilry

>>25671009
still would if they had fat titties

>>25671091
It is face tracking ai.

>>25670210
>>25670305
I think I've seen this one before

>>25671092
>>25671091
>>25671087
I will say the video is an extreme example, this is more representative of the average schoolgirl aged chick

>>25671202
some of those girls would be pretty if they styled their hair and did some makeup.

>>25671202
the middle 3 girls are cute

>>25671161
Oh fuck

>>25671266
The amount of makeup they'd need would weigh more than your stack.

>>25670822
>Cool thanks for the info
np
you might want to talk to a tax pro. I think there's a limit on how far back you can go to claim expenses. So it's sort of a catch-22 on long hodls. You need to deduct the expense within 3 years but the IRS doesn't allow you to deduct expenses for a business that doesn't make money except in rare and very specific circumstances. So if you stockpile inventory for more than 3 years without showing a profit you might get screwed and wind up owing taxes on the full sale price when you finally cash out. Every situation is different and I am not a tax professional though.

>>25670921
How much is 100 pounds of brass worth?

>>25670818
thats what the media wants you to think
and idiots believe it

>>25671496
I'll sell it for about $150 US

https://www.jpmorgan.com/solutions/cib/news/digital-coin-payments
JP Morgan has their own crypto. No wonder why they want to smash silver.

>this high volume range trading since the capitol riot
What the FUCK is this?

>>25671486
I have a whole new respect for Schiff now

>>25671852
Capital flight. It's over for the mainstream right wing in the USA, and anyone with their eyes open can see that left wing politics will be totally dominant from now on. What does this mean? Economic Armageddon.

>>25668993
Bitcoin 40k,
Gold 1930$

What went so wrong?

>>25672055
>comparing unstable investment to a stable hedge

>>25672160
Hedge against inflation
Gets outpaced by inflation
kek

>>25671651
Crypto is wet dream of banks and government. Total tracability, can impose tax / fees for each transaction and most of all, can disable your wallet if you violate their rules.
> not to mention being able to print it into infinity.

>>25672242
Metals don't crash spectacularly in a scale cryptos always do once in a while. That's what I meant by stable hedge

>>25672370
you must’ve missed the drop for $11 silver in March

>>25672055
It'll be interesting to see whether Bitcoin behaves as a inflation safe haven or a speculative play as the ten year yield approaches 2%. But I'm sure panicking investors will flee into Bitcoin at these prices, and not a proven safe haven after the second leg down historically.
https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/#:~:text=Here's%20how%20gold%20did%20during,crash%2C%20it%20once%20again%20soared.

>>25672424
>Drop
You missed all the 500%+ crashes in crypto? Or the simple risk that the coins you're holding is a scam and becomes dust? Do metals have that risk?

>>25672424
Or all the risks of storage in cryptos?

>>25672424
So did you, that $11 drop coincide with a rise in premiums to the point that the effective spot price was even higher than before.

>>25672713
Regardless, it was simply impossible to buy anything during the dip because everything was sold out at the time

>>25671990
That wouldn't explain the range trading.
Volume had a 10x spike 10 minutes ago but its STILL in the range

i thought that was kratom

>>25672764
Yes, exactly. I ended up buying 10 1/10 oz maples all at once just because there was basically nothing else in stock, and the effective spot price was still very reasonable considering there was clearly a massive demand for gold.

>>25672463
Nobody fled into gold during rona it crashed like everything else, silver crashed as bad as bitcoin did it’s all the same, just much less upside on metals then bitcoin as has been shown time and time again and continues to be shown

>>25672424
Being that silver was trading at about $18 before the March crash in *all* assets, we're looking at about a 35% draw down. While unpleasant, equities fell that much, too, as did other more esoteric investments during that time period. However, outside of a bubble, silver does not fall 90% which has happened multiple times with cryptocurrencies. Cryptocurrencies are based entirely upon belief. Without that belief, they are truly worth nothing. PMs are highly unlikely to ever be worth zero.

>>25672948

Gold "crashed" 10%, Bitcoin crashed 90%.

>>25672948
Conditions are a bit different now; a global freeze of all economic activity for an undetermined period was a crisis of liquidity. The kind of crisis that the next retracement we can likely expect will still be fear-based, but it will most likely be one of over-leverage and subsequent market destabilization, resulting in a terminator shock like effect that takes us beyond a deleveraging to full-on depression.
Under these conditions, stores of value tied to real assets: commodities, foodstuffs, minerals, precious metals, and (for some) crypto are the crem de la crem.
I believe that BTC is not a store of value insomuch as other crypto tokens represent actual market desires, like privacy, or trustless efficiency, etc. These have a sort of intrinsic value, compared to, say the size of your userbase being calculated as a line item on your balance sheet.
We are already in the middle of a hoover-recoveryesque period, and with QE-infinity, the economy will just die just the death of a whimper, not a bang.
At least, that's what it seems to me.

>>25672991
>Cryptocurrencies are based entirely upon belief

Its frustrating that you guys are so right about so many things but still parrot this midwit take over and over again. The tech that cryptos are built on is valuable as fuck and there is tremendous value in a global distributed computing network.

>>25673338

"The tech that cryptos are built on" is not the cryptocurrencies themselves, so he is entirely correct. Kinesis, allocated gold and silver on the blockchain, or any other gold-backed crypto is the best and only viable kind of crypto.

>>25673338
what value does a bitcoin have? What can you actually do with it?

Someone just made this in another thread and I feel like it's relevant here.

>>25670854
>Not getting Californium.
ngmi.

>>25673390
Would you say Monero has no value?

>>25673444
Ugh it’s the same shit every day

>>25673338
>The tech that cryptos are built on is valuable as fuck and there is tremendous value in a global distributed computing network.
Dogecoin and BTC are built on entirely the exact same technology and can serve the exact same purpose. There is only "brand name" with BTC.
Blockchain encryption is valuable but most of the people FOMOing into BTC probably even know what it is.

>>25673483
answer it

>>25673498
>>25673498
>Hard mode: Being scarce is not valuable

>>25673498
it's good for untraceable transactions moving criminal gains around.

Is a gold/silver backed currency still viable? Why was it replaced with a paper system? What are the benefits? Surely there's a reason nobody is trying to go back to silver/gold money? It didn't prevent the Roman empire from collapsing and I believe they ever had any other currency than gold and silver.

>>25673338
>The tech that cryptos are built on is valuable as fuck
OK. I declare that the Linux source code is worth $1T. That means when I download the source code, I'm a trillionaire. No? Maybe Apache HTTP Server is worth $100B, right? No?

The Bitcoin technology may be adopted some some company in the future that is truly worth a lot of money. However, that does not mean that Bitcoins will be worth anything.

>>25673338
digital ledger technology is as big an invention as the internet is. financial speculation is only the small vanguard of what is coming with it. But, it's all that people really know about, and assessing the value of one world-changing technology against another is left to the market to decide. ARPA is a game-changer, for example, right up there with RSR and LINK, but these penetrate completely different aspects of real market economies yet are measured against each other as effective slaves to bitcoin's market cap as the flagship.
These things do not have value unto themselves, objective from your perception and subsequent judgement of them. Horses have value according to their usefulness and rarity, and that value is only measured in relation to the individual; you would have to pay me a substantial amount for me to take on a horse, whereas someone else would pay gladly.
The irony is that while cryptocurrencies are based entirely upon belief, so to are all fiat currencies, and yet still, business happens and people transact. The intrinsic value of precious metals, too, is nothing but a belief, and yet the majority of my portfolio is allocated to them.
Whoever tries to shit-talk one asset against another instead of seeing their benefits is just arguing against themselves because they don't want to change their mind or admit the possibility of being wrong. It's the sign of a calcified mind with static opinions, afraid of growing, too scared to look beyond the small world they've created for themselves, and it is what keeps people from being truly humble, and actually rich.

The thing is, why care about crypto when you can look at gold and how it will be used & leveraged financially.

Would it be worth buying small bullions of gold/silver/platinum and collect them? Like 200-300€ each. Also which metal to choose?

>>25673624
I have traded through two (now coming on three) major asset bubbles and I know bullshit when I see it. Paper currencies are more convenient than metal coins. Period. However, the currencies must be redeemable in metal to enforce discipline on the monetary authorities. A benefit of a pure fiat currency is that the purchasing power of the currency is easier to manipulate to adjust for economic times, which was Keynes' argument. However, very few people have the discipline to tighten monetary policy in good times to undo the loosening during the bad times.

As for Rome, it fell in part because it debauched its currency (see the reign of Vespasian). Had Rome not debauched its currency, it might have survived a bit long. Hard currencies also enforce discipline on imperial adventuring.

>>25673742
Get gold for most of them, and get some silver as risk management. Platinum is more niche market but requires more DD.
>>25673787
Eastern roman empire didn't debauched which you can see if that happened.

Are there any penny stock platinum (or similar) explorations forms worth looking into?

>>25673451
If Monero tokens are not backed by a sovereign currency or a commodity of some sort, then it has no real value. It is nothing but a token of speculation like practically every other cryptocoin. Is the Monero source code open source where anyone can copy and use it without paying any licensing fees? Yes? Then the Monero tokens, if they're purely fiat tokens, have no real value although they do have real price.

>>25673624
You don't know anything. Read some books anon. The Romans famously massively diluted their currency by gradually removing the gold and silver contents of their coinage, this of course led to economic ruin and capital flight out of Rome and into Constantinople, where they had a pure gold coinage. This scenario has repeated itself countless times before, and anyone vaguely familiar with history would know that.

Why did we turn to paper notes? Convenience. Initially, the paper notes were exchangeable for a fixed ratio of gold. This system worked great, but of course the ever dependable greed of the upper caste of society always wish to maintain a monopoly on money, and over time have done away with money having any tangible value whatsoever and replaced it with a fiat(Latin for: from nothing to something, ie only has value by royal decree)

>>25673889
You can't simply copy the monero source code and derive the same utility, that's the whole point of proof of work and the network effect. Yes, it is fiat, and yes, is is a speculative instrument, but there is real utility in its privacy features which can't be ignored.

>>25673787
Thanks and I agree with the line of thinking.
So the reason nobody is trying to get back to gold backed currency is just due to the paradigm that this is just the way it is and it's going to be like this.
The crazy thing is even when hyperinflation happens, people will still continue to depend on this system as long as they don't starve. And the ones that starve are just unlucky.
Nobody cares about implementing a rigid and sensible system. It's too much work.
We're lazy and we don't care if it kills us.

>>25673903
Source for Roman currency debasement

http://numismatics.org/rome-a-thousand-years-of-monetary-history/

>>25674005
Thanks

>>25671590
How much time did it cost to pick it up from the mine, to contact the guy you're selling it to and to haul it to that guy?

>>25673600
but its not. Its a public ledger

>>25673952
>You can't simply copy the monero source code and derive the same utility,
Why not? If I copied the Facebook source code and ran it on my own server farm, I would have a Facebook product. It would just be a matter of getting people to use the product. Is that your line of thinking with Monero, that if I copied the source code and created Buttnero that no one will use it? What about if Buttnero is backed by silver? What if I use the source code to create the "killer app" that is so far lacking in each and every cryptocurrency system?

Note: I don't give a shit about the existing Monero tokens and if I created a killer app, I would not use or accept Monero tokens. So, why is Monero, without a killer app, valuable against my hypothetical killer app based in part on Monero source code?

>>25673996
the problem is most wealth is created through arbitrage of inflation over time. And most people know this.

so it takes a very basic misunderstanding of modern finance to think a solid money would help with anything except making people very poor.

>>25673742
Gold is the safest bet to hold it's value, silver prices fluctuate the most so it has a better chance at mooning. Platinum is for faggots

>>25674094
>So, why is Monero, without a killer app, valuable against my hypothetical killer app based in part on Monero source code?
Because Buttnero doesn't exist and Monero is being used to transfer billions of dollars in value already. The people that have used it certainly view it as valuable.

>>25674113
>most wealth is funneled to the 1% through arbitrage of inflation

>>25673854
Asx: deg and asx: pgm are two Australian explorers

>>25674059
>Its a public ledger
well that should be a relief to INTERPOL and everyone else that's trying to track illegal transactions. You should probably tell them so they can do that.
>>25674045
I do other work at the site so it took about 20 seconds to load it in the truck.

I sell metal twice a year, it usually takes about 4 hours for about $15k load.

>>25673854
Correction: asx: dev not deg

>The Stack on the Left is worth
$38.57
>The Stack in the Middle is worth $15.43
>The Stack on the right is worth $2
Over the past 50 years, we've been robbed blind.

>>25674113
No political system in 4000 years of human history has ever resisted abusing fluid monetary systems to funnel wealth into select groups. The historical long term trend of all fiat currencies is 0.
The temptation is too strong and expedient politically to dilute value of the public for select groups instead of paying off your debts.

>>25674211
true, but most people expect to be that 1% in time, and most of them are probably right.

even metal stackers are going to do just fine over time, even if they don't understand how inflation is making them rich.

Are we mooning or what the fuck is this crabbing bullshit? Jesus.
>>25674167
monero will always have a tainted reputation and face delistings, though.

>>25674314
>>25674326
americans don't care if you funnel billions to bankers and corporate interests as long as they're able to make their millions. And mostly they are.

>>25673996
Look at the pathetic actions of Wall Street and the Federal Reserve. They fear gold because it would end their bullshit games. How could shitty companies like Citigroup get bailed out if the bailout required gold? "Hey, everybody who isn't an investor in Shittygroup! Give me your gold because they screwed up and bought their own fraudulent CDOs! If you don't give us your gold, the CEO won't get his bonus and might become poor. Oh, you'll get nothing for giving us your gold other than our thanks (yeah, fuck you, plebe)."

None other than Paul Volcker himself has said, "Gold is the enemy." Gold enforces discipline without the need for regulation. What will keep banks in line with a gold (or silver or whatever specie is used) standard is a potential bank run during which *specie* must be redeemable to the noteholder.

Nobody is trying to go back to a gold standard because very wealthy and powerful people are against it. Furthermore, there is a lot of momentum so it's difficult to change even if one wanted to. Globalism is based on the fiat system and if we were to change it to a specie-backed system, the US would almost certainly lose its position as the world hegemon. In fact, going to a specie-backed system would probably unwind globalism, which the globalists do not want.

Finally, we've already gone down the road to ruin to the multiple bailouts of Wall Street such that the US economy is nothing but a series of bubbles. Just look at Washington D.C. It's now open pillaging; stealing everything that isn't nailed down without any subtlety. They're (all politicians regardless of political party) stealing all they can before the whole thing goes to shit. We will only possibly return to a gold or bimetallic standard in the face of a genuine currency crisis.

>>25674340
>Are we mooning or what the fuck is this crabbing bullshit? Jesus.
JP Morgan wants to keep Silver below $30, if it breaks that final resistance, they won't be able to keep it down anymore.

>>25674326
I'm just frustrated anon, sorry.

>>25674167
As a money transfer mechanism, all cryptocurrencies have some sort of value. However, why should the price of the token keep going up? Would it be something like Coinbase that is actually of value since it allows me to convert a cryptocurrency into a form of money that I can actually use to buy things at a store?

Let's keep watching. Just as tins of sardines have tremendous value in prison but very little real value in real life, I believe that cryptocurrencies are tins of sardines in our current prison of yet another major central bank created bubble. When we are let out of prison (the bubble pops), the metaphorical tins of sardines are not going to be very desired.

>>25674272
Oh that makes sense then.

>>25674411
JPM no longer have a net short position in silver anon, this is old news now.

Other banks are holding short positions and will get squeezed out. JPM will be one of the only institutions left standing.

https://palisadesradio.ca/ted-butler-squeezing-out-the-silver-shorts/

Coincidentally gentleman, this is one of palisade radios most informative podcasts, and it appears to have been removed from YouTube? I can no longer find it on their cannel.

>>25674458
no worries anon. You guys keep stacking and you'll do just fine. The dollar is probably going to keep right on taking a shit for the next 5 years at least. And by then another excuse will come along to print trillions more.

>>25674487
>However, why should the price of the token keep going up
It doesn't necessarily have to, I never said it did. However if it becomes a more widespread medium of exchange, people are going to tend to hold onto small amounts for convenience, which would drive down liquidity and potentially increase the price. On the other hand speculators could just as easily be dominating the price into the long term future and make it more unstable. The tech is there and being used though.

Also I would not mind at all to use sardines as a medium of exchange on small purchases. Obviously paper and digital fiat is more convenient but sardines do have real utility and are a good store of value (as long as you rotate stock).

>>25673889
The value of any product is the value of the desire it fulfills. As long as people desire privacy of a certain sort, Monero (or a privacy token) will be valuable.

>>25674634
Moneor, and all crypto, can't be a store of value because it isn't a physical tangible good, and because it can't be a store of value, it can't be a medium of exchange. Regardless of its privacy utility. Physical metal performs this function perfectly, meanwhile it is actually a store of value.

Some crypto, like Ethereum and Chainlink, have utility, and the Blockchain and smart contracts will clearly be game changers, but they will appreciate in price as utilities, not as stores of value.

>>25674383
I think that sadly the only changes will be towards socialism and social credit surveillance. This is completely justifiable in the public eye. The average person is already primed to exist for digital popularity scores (likes, followers, views) and being under priviliged is also nothing new in a lawful society where crime is punished. They only need a crisis here and there to redefine crime as certain ideas and then nobody will bat an eye that a person chooses freedom over wealth. It's funny that socialists are moving to create a society of classes and essentially make your basic rights subject to a state enforced market system. If you sing to their tune yeah you can live in the upper class quarters in return.

>>25674524
It is unlisted. https://www.youtube.com/watch?v=m7wzcov4DrE

>>25672242
>Gets outpaced by inflation
I know real inflation is magnitude higher than the official numbers, but do you think inflation really matched golds performance (+20%) last year?

>>25672347
Might be a schizo-tier idea, but what if future governments made people turn against their PM-wielding friends/family, Nazi-intimidation style? That would make the case for keeping quiet in real-life about stacking.

>>25674993
Considering BTC was branded as "money for criminals" just a few years ago, it's not that crazy to think the same will happen to gold once TPTB feel threatened by widespread ownership of it. I'm not trying to start shit about "DOES CRYPTO HAVE REAL (TM) VALUE HURRR" gold vs. btc console wars, but the comparisons are certainly interesting

>>25669051
PanMan. Know of any companies looking for a geologist?

>>25674584
>It doesn't necessarily have to, I never said it did.
No, you did not. However, I am also not attacking the premise of a distributed system of transferring money. My question is why the tokens of exchange keep going up in price to astronomical levels. The real value is in the exchange system (the technology deployed in a usable system), not the tokens.

The existing financial system is an exchange system with token (sovereign currencies). Why hasn't any token appreciated 10,000x? Why is it that movements of even 10% are quite unusual? At least these tokens exchanged in the international financial system are legal tender and must be used to pay taxes and fulfill most contracts.

That is yet another argument I make that all cryptocurrencies are major bubbles. For those that make massive gains and cash out their casino chips, good for them. But everyone else speculating is going to be wiped out because they believed the lie that it's an investment. It's no more an investment than lottery tickets. Someone's bound to win; many more must lose.

>>25675180
YES actually! Goliath Resources was looking for geo and Teck Resources just put an ad out for one as well recently. Go look on their websites and see if the job listing is still up. Barrick is also always hiring, glencore too.

>>25674774
Imagine saying monero doesnt have utility but bitcoin does lmao. If youre gonna be totally uninformed at least keep your claims vague so people dont immediately know how retarded you are.

More news that might be interesting

Copper Mountain News
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1150-tsx/cmmc/90679-copper-mountain-exceeds-2020-production-guidance-and-provides-2021-guidance.html

Blue Lagoon's got results to show off
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2710-cse/bllg/90727-blue-lagoon-s-2020-drill-program-confirms-boulder-vein-open-at-depth-and-extends-further-to-the-east.html

Braveheart as well!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1154-tsx-venture/bht/90557-braveheart-resources-commences-ore-sorting-study-at-bull-river-mine-project.html

>>25675790
>Blue Lagoon
Neat, bought them earlier today. So, what's their total potential/proven gold and silver now?

>>25675773
I didn't say bitcoin has any utility, I quite clearly said it has no utility and is not a store of valuem. Perhaps you want to increase your reading comprehension before calling other retarded

>>25676117
I am not sure if the total number is out yet since there still going to be drilling the rest of the winter, but I ll go see if theirs an updated estimate on their website.

>>25676485
Thanks Pan Man.

>>25676554
their most recent 43-101 compliant estimate was from December 24, 2020 with reported a mineral resource of 70,418 ounces gold and 341,784 ounces silver in the indicated category and 109,160 oz Au and 473,890 oz Ag in the inferred category, based on 398 drill holes (39,398 metres), completed at the Dome Mountain Gold Project over the period from 1985 to 2016. Note though this doesnt count the 2020 drill program, just the historic results. This info can be found at the bottom of the presser I posted.

>>25675790
I ended up investing in Braveheart in the end. I can see that they're actively trying to push Bull River into production and are also doing a PEA on the recently acquired Thierry Mine (which they by the way got for like C$2M, super cheap). I'm getting Vangold vibes from the news flow, seems like the management is competent and ambitious!

>>25676747
yep that was my thinking as well, it seems the previous hard times and poor leadership are behind them.

>>25676917
Mcewen has so many shares outstanding. It is ridiculous.

>>25676917
I hope we're right then :)
If everything goes right, Bull River will be in production come Autumn

>>25677210
its kind of ridiculous I know, I wish they didnt have such hard luck recently.

>>25677308
Good companies dies by having bad luck at times.

>>25670665
And then what? Sit in a dark room and masturbate to anime and pornography?

what is the better play moving forward, PMs or real estate? I am thinking a little of both, something has to give soon

>>25677210
I looked at McEwen some years ago but decided that the lands on which they could mine had crappy yields and their AISC was just too high to invest in. Rob McEwen is a mining legend but if he's got no stuff in the ground, he's not going to be able to make money.

>>25677516
Boomers buying homes and becoming landlords (or vacation landlords with AirBNB) seems like boomer endgame. Absolutely parasitic existence but you get to set your prices and can adjust to inflation.
Still get gold.

>>25677516
PMs in the short term to hope for a better buy in ratio. If the next few years I'm expecting gold and silver to double (silver to grow even more probably) but I doubt housing prices will double in such a short period of time. Buying a house is absolutely a goal for me in 3-5 years though, so hopefully things go my way.

Yo dudes. Got some good shit here. How's three walking liberties for only $6.95 each sound along with a free Lincoln wheat penny? Go to littletoncoin.com and use this coupon I just got in the mail. Make sure u enter department code found on next image

>>25677593
Definitely agree with you there. I keep expecting a housing crash but the prices keep going up and up. I don't think that it will have a crash like 2008 anytime soon

>>25677711
Delartment code

>>25677210
>>25677308
>>25677477
Honestly what can McEwen do at this point? Their production decreased by 33% from the previous year, which with the fire, flood and Covid can be explained by, but now they want to finance their phenoix project, which would make sense especially for a Copper play, but they don't have the money, and the bull market is happening now.

I'm just afraid of more dilution, and have been eaity for another leg-up to make back my losses. MUX will be a strong play in the end, but it has to get there first.

>>25677711
Also here's ten bucks off an order.

I AM. NOT AFFILIATED WITH THIS COMPANY. I JUST GOT THIS SHIT IN THE MAIL. THE OFFER IS GOOD UNTIL THE 15TH

>>25673446
I hate Nixon

>>25677710
noted. you will find a good home soon my fren

>>25677711
>>25677764
>>25677799
Holy fuck these posts glow

>>25677799
ALSO HERES 8 PREMIUM CIGARS FOR TEN BUCKS WITH A TRAVEL HUMIDOR FOR AN EXTRA FIVE DOLLARS. I ORDERED ALL OF THIS SHIT.

>>25677840
REMEMBER TO USE CODE "RUDY20" AT CHECKOUT

>>25677821
>I hate Nixon
If it wasn’t for Nixon you wouldn’t be able to own gold right now

>>25677516
They're gonna tax real estate, and give landlords more restrictions with renters more rights. I'm no expert, but if you're not already in the market, it seems like it's haydays is behind it.

>>25677881
I wouldn’t feel the need to own gold if our currency still had value

>>25677837
I'm just a dude. I accidentally posted my belly button. Would a fed do that?

>>25677799
https://www.littletoncoin.com/shop/ProductDisplay?urlRequestType=Base&catalogId=29555&categoryId=&productId=3074457345617038357&errorViewName=ProductDisplayErrorView&urlLangId=-1&langId=-1&top_category=&parent_category_rn=&storeId=10001&selectedFacetString=
This also looks good.

>>25677840
Please put a shirt on anon

>>25677711
>>25677764
>>25677799
Doesn't Littleton automatically start sending you and charging you for a bunch of overpriced shit after a few weeks if you don't jump through a bunch of hoops to cancel?

>>25675790
Great news! I bought some Copper Mountain back on 12/9 and did a little shilling but there didn't seem to be much interest. Not sure if any bros got in, but in the last 4 weeks it's up 64%. And thanks PAN MAN for the Ascot heads up!

>>25677837
IT LITERALLY CAME IN THE MAIL

>>25677792
They need to get production back up in at least one of their main operations for the cash flow, that would help a lot. I dont know though how they will get serious funding for their Phenoix project though, thats serious cash that needs to be drawn up asap.

>>25677989
Fuck I hope not! I ordered via PayPal

>>25677989
I remember another place did something similar.
Took some work to get out of, but I walked away with a nice eagle for a little over spot at the time lol

>>25677989
FUCK ACTUALY YEAH THEY ENROLL YOU IN SOME SHIT AND YOU HAVE TO CANCEL. FUCK.

>>25678047
>I ordered via PayPal
Do you have an account with them that they’re likely going to charge later on?
I’d check if you’re in a subscription service and if you are, contact customer support immediately saying you would like to cancel

>>25677902
>if our currency still had value
Kek it only has value when it’s physically composed of gold or silver, not when its in a vault in foreign countries. Nixon was a blessing

>>25678000
No problem at all mate! Watch Scottie and Mountain Boy as well. My home turf of the Bulkley Valley at Blue Lagoon wont hurt either.

>>25677989
yes

>>25677516
I’m very intrigued by raw rural land. Especially with white flight and people exiting cities in droves. Look up Phil Pujenowsky Freedom Mentor on YouTube, he has great videos on real estate investing. But raw land in rural areas that isn’t flood zone, wet lands, no road frontage, near a pork processing plant, etc. is going to become very valuable soon. There are certain areas of the country where you can get deals for under 1k an acre for decently livable land with privacy.

>>25678234
i will check it out for sure

>>25678126
At this time it does not look like I am enrolled in anything.

>>25678234
look into patented mining claims too mate, we cant live on claims here in BC, but down in the states you can. https://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/mining-claims-united-states-patented-unpatented/

There are quite a few home steadier types in Colorado that live on the family mineral claim.

>>25677210
Doesn't McEwen have lousy land to work with? I remember looking at them a few years ago based on Rob McEwen's reputation but their AISC was just too high.

>Tfw the mining discussion is so incessant and banal that it demoralizes all the best pmg posters to the point that the thread archives only 96 posts in and neutralizes any threat pmg had to fiat all while bitcoin is mooning and stealing all PM market share it would be accumulating otherwise

>>25678602
its because nobody posts stacks anymore and all anybody ever talks about is fucking miners which is fucking gay.

Should I make a trip to my LCS tomorrow or wait for the next dip?

>>25678632
I keep trying to say post stack but get drowned out by people talking about FUCKING VITAMINS AND HOW TINNITUS IS A MENTAL DISORDER

>>25678602
>stacking autism
Too much stacker porn fries your dopamine receptors. Mining talk is for your own good

>>25678675
that or name niggers shitting up the thread constantly pan man and baker are the only two that are not complete faggots.

>>25678632
I know I don't speak for everybody but I am paranoid to post my stack in case I get datamined or something.

Also, has anyone seen that one namefagging nigger around recently? I haven’t seen him post since I BTFO’ed him with my glorious Asahi’s

>>25678632
Do you stack fractionals?
>>25678646
Up to you my dude. If you have none, then stack it now so you will have less fomo.
>>25678576
read >>25677792 >>25678021

>>25678602
>>25678632
it gets boring seeing the same stacks get posted over and over by some of the few people in these threads actually willing to take pics of their stacks, I don't see what else we can even talk about other than miners when price action is as slow as it typically is with the actual metal price.

>>25678716
Probably
Floor Stacker is cool too

>>25678764
Floor stacker is very cool.

Non american here.
What is the best way to invest in miners ?

Bored pmg?
https://youtu.be/Ki-rnedmd1I

>>25678602
Oh fuck off again you absolute fool. How about contribute something yourself then? Pan man and silver miner bro have made this general what it is. No one gives a fuck about you or your shitposts. Sell up and go all in Tesla or some shit

>>25676634
Pretty sure BLLG is a copper play too or am I wrong? I swore you told me it was a week ago..

I'm the "no DD cuz muh $40 silver anon" who should know this but doesn't

O the things the BGM geos toss out without knowing... this will come in handy some day i am sure.

>>25679175
What is the map telling you? Where's the treasure?

>>25678602
>1 post by this ID
why dont you post your stack then fuck head

>>25679149
yep Blue Lagoon has the "Onion" Mountain copper prospect, one of the most interesting copper targets in BC in my humble opinion. Onion Mountain has had everything from Copper to Gold to Palladium discovered on its flanks over the years. Placer gold glitters in its bedrock walled creeks, molybdenum and copper flank its high slopes. Silver and lead lay at its peak. Some of my favorite territory as a child to wander on horse back across. O man do I miss that territory.

>>25678675
>>25679262

>>25679262
No he'll just complain about how no one's contributing(despite the fact mining discussion here is probably the most technical, fundamentals based discourse happening on /biz/) and proceed to post a Reddit cringe meme instead of his actual stack

>>25679301
damn those buffalo rounds look nice been thinking of collecting those alongside morgan silver dollars if the new silver eagles look like shit.

>>25679292
Every time you bring up Onion Mountain I just assumed 4chan wordfiltered it and that the actual name of the area was actually

>>25679301
Thank you for this picture of your precious metals. This picture has allowed me to unlock a deeper understanding of precious metals as an asset class, and utilise this knowledge in my investing practices for higher returns. Thank you.

>>25679215
this little scrap of paper shows the workings of the 1200 level at the Cariboo Gold Quartz Mine, the precursor to the Barkerville Gold Project where I am currently based. where the map has a circle is the famous Saunders and Rainbow fault meeting point where 200oz of gold per tonne were pulled from the vein going to surface. However that vein was fractured and disjointed, so part of it is missing, likely at or near surface and has never been located.

>>25678602
>implying /pmg/ remotely impacts the PM market

>>25678730
Just rip off the metadata with EXIF app or something. pretty sure chan takes metadata off anyways, not sure if that protects you from datamining though.

I'll try and post my 1oz gold maple im locking in once we hit $1850 or so, since I agree we need more shiny and less whiny.

I used to just post metals too but I figure why not discuss miners and further solidify our portfolios with more exposure, albeit in a more liquid medium (i.e stock) and also be leveraged.

I'm sitting on a 200% gain on $KS, solely based on a tip I took 3 months ago. That's helping me make back my premiums on my bullion. win/win

Here's the reverse of a 10ozt RCM bar. I need more of these beauts.

Makes me proud to be a leaf desu

>>25678456
>There are quite a few home steadier types in Colorado that live on the family mineral claim
yes, my house is built on a placer claim patented in 1861. The yard has about 1/10 oz gold per ton down to 30 feet in glacial till and fossil alluvium. Never been worked and probably never will be since each lot is worth a couple thousand in gold and about 30 thousand as land to live on.

just make sure you own the mineral rights with the patent, since I believe they can be sold separately in the US. You don't want to buy or build a house only to have a mining company come in and knock it down for the gold under it.

https://newsfilter.io/a/c67f2e6bb38bbfb5b5ff41ccb15d60d4

Good news for EGO

>>25679774
I dont know if you can sell them separately anymore, I know that was a scam for a long time but i am pretty sure it was fixed. Still it would be fun to actually build a home on one of my little claims and live out there, but dam government goes and burns you down if they figure it out.

>>25680015
It's about the same here now.

legally you can build on an unpatented claim but in real life it requires things like posting a million dollar bond and filing years worth of environmental paperwork. It almost never happens anymore.

If you could stack only one form of Silver for the rest of your life, what would it be?

>>25680292
Wiener

i bought 20 grams of pamp suisse bullion today

>>25678602
People are busy we had all the capitol bullshit yesterday. We are about to die as a nation. People are likely not here right now

>>25680292
100% junk without a doubt.

>>25678675
Sorry man. This type of threads draws all kinds of people. I have to say though, real stacker care about this shit. I'm interested in pretty much any topic that comes up in this thread. Vitamins, Healthcare, whatever. Stacker are a different type. We go against the grain. We think about economic collapses and don't believe propoganda. This ain't so much a thread about Goins as it is for people who don't trust authority, who also happen to be trying to make money on mining companies. There's worse things out there that this board could become...

>>25679149
Bllg is primarily a copper and gold play. That is at this time though as they are still exploring their property.

>>25680292
1000 ounce bars
t. jamie dimon

>>25679149
>no dd

At least check out the company websites fuck. Blue lagoon is a pretty fun one to read about

>>25680382
>We are about to die as a nation
the young are so dramatic. Protesters occupying the capital is new, but it's not nearly as sinister as the left is trying to make it. Yeah, that was stupid and dirty, but it's not like they invaded with guns and fire. They could've actually rebelled, this was just a protest that got out of hand. Not cool, but not the end of the nation.

>>25680556
No Big Bob, what we're fearing is the left using this as an excuse to gulag the rest of the nation

Well bros I've been away because I don't want to deal with the crypto nonsense and I've been focusing on politics.
To me it seems that the bond market could start moving very fast if the fed doesn't step back in. The retards (or banks forcing a narrative) are trying to pass off the rising 10 & 30 year yield as the reason as to why pms are falling. Obviously doesn't make sense but lemmings in NY are going to give us a buying opportunity. In the event we get a dip again, I'm buying hard.

>>25680556
>Occupying the capitol
>Not cool
>sinister
>stupid and dirty
>17 posts by this ID
>12 AM EST
GLOWING

Gold backed Yuan is a meme, don't fall for the same trick again, pic related.

>>25677840
Fuck that's a juicy naval. Lemme blow your raspberry, anon.

>>25680644
>No Big Bob, what we're fearing is the left using this as an excuse to gulag the rest of the nation
the left isn't a majority any more than the right is. They'd have to fight 2/3 of the US to do that, including a very heavily armed right wing.
>>25680656
>GLOWING
yep, should I post my belly button?

>>25680292
10 oz Sunshines

>>25680656
What is the significance of the 10 year yield rising? Basically all I know is that prices are inverse to yields but I don't know how they interact with the larger ecosystem of stocks, gold, etc.

>>25680729
With the slow boil coming from the left and increasing big tech censorship, coupled with the right always rolling over and letting the left have their way, I don't think it's not impossible
But this is a PM thread so I'm going to stop now

>>25680854
It's possible, but I doubt they'd survive the attempt.

It's metals related though. This stuff whether real or imagined drives PM prices.

>>25680644
A quarter of pmg and 95% of the rest of 4chan is right brain lobotomites that can't understand just how big of a deal this is. Something like 40% of INDEPENDENTS think that the election was "fucky". The rest of the country is not going to acknowledge the authority of boswash and cali/mid-west turbo cucks anymore. This is our chance. The only issue is the blacks wanting more gibs. Romney will be probably be dead by eoy.

>>25680803
Halfwits associate lower real yields with higher gold prices. What they don't get is that inflation isn't linear and that the CPI is a shit measure. Right now bonds got sold off a bit, which is causing idiots to sell gold. They don't get hat people are selling bonds because they realize 1% doesn't compensate for 10 year inflation and that the government is essentially insolvent on the 30 year. "real yields" are derived from subtracting the TIPS yield from the comparable T-Bond. TIPS only considers CPI as inflation. I'm drinking, but I think you see the point

>>25680803

Warosu thread from June will explain everything. https://i.warosu.org/biz/thread/19669109 We have been waiting for this moment for over six months.

>>25680854
>JFK Assassination
>Vietnam
>Watergate
>9/11
>GFC
It always feels like the end of the world when you live through it. Everyone underestimates the ability of people to move on. It is really what pisses /pol/ off.
The Fed is still the true enemy, A slow insidious killer of the dollar. Buy gold.

COMEX IS ABOUT TO HIT GOLD BACKWARATION!!!!!
Expect NY to attempt to drive comex gold to a $5-10 premium over Forex gold tomorrow morning to prevent euro deliveries

>>25680729
I can't remember who said this but I thought it was somewhat true which is civil war nothing but a spectators sport where each side has minority but the majority will join which ever side is winning.

>>25680909
So what's the play here? Long dated otm TLT puts?

>>25681018
I don't know if that's true of americans. We have some pretty strong opinions about freedom and such. In this case both sides have some unpopular ideas, but the left is a much larger threat to freedom I think. I dunno, they're not nearly as popular as they like to think. Or as /pol/ likes to paint them. If we just sit back they'll screw themselves out of power pretty fast with gun control or censorship. Probably both.

>>25680909
>>25680921
Thank you. So basically yields are artificially suppressed, but since nobody wants shitty US bonds the yields are going up anyway and this will lead to higher interest rates across the economy, which means more expensive debt, making the whole debt bubble unsustainable?

Infrastructure probably coming with this gay ass new administration

Long steel lol.. last Steel supercycle CLF went to $120

https://stocktwits.com/symbol/CLF

>>25681115
this is how its been going quietly up here in Leafland, the lefties have been in power a while now, and while not totally screwing us over just yet, have managed to make themselves look like complete idiots. On the other hand so have the the opposition as well, the conservatives cant for the life of them find someone with leadership qualities. The left on the other hand keep having scandal after scandal and its eroding the boomer confidence in them.

>>25681126

What it means is, if they don't start doing trillions more in Q. E. soon (to suppress yields), the whole system is going to collapse, just as it did in March 2020 or late 2018. They have to get this yield under control, and they have to do it fast.

>>25681287
>March 2020
if that happens and pms dont moon I cant wait to buy, missed out last year as I didnt find this thread before ~late june

>>25681126

But to answer your question, yes, higher yields mean more expensive debt, as you say, so that the government can't be funded, but they also mean that the stock market will crash, because it's in such a bubble that even a 1% rate of risk-free return in the bond market will cause it to collapse in an avalanche of selling and triggered stop-loss orders.

>>25681275
we've been playing that game for decades, with both extremes so unpopular we vote AGAINST a side instead of for one most of the time. It sucks. I hope you guys find some middle ground. I hope we do to. I just want to ignore politics and get gold.

>>25681108
Very expensive. You can buy yield futures if you want to try to make a loooooooot of money, but the fed buying more would liquidate you in a couple days. I buy pms/miners and then hedge with short dated tlt puts. If you want a portfolio position, long bond yield futures will likely make a lot of money, but it can go to zero in a lot of cases. Portfolio positions != hedges and hedges != portfolio positions. The "conservative" thing to do is buy inflation bets (gold/silver etc) and then hedge a bond market bloodbath with TLT puts about 2 months out, a few dozen % otm.
>>25681126
Yes. The forex rate is what will start any major inflation. Natural 30 year rates for the present US government would be like 10-15%. This would make all long term debt on corporates yield more than that since the US gov has an unlimitied claim on corporate income. But if they stop yields, then you'll see more money flow out of dollars to other currencies... Like I said I'm a little tipsy.

>>25681374
>middle ground
What the fuck do you think the past 40 years were? Other than the aesthetics of the politicians, nothing substantial ever changed. Trump's aesthetic was actually so new that it was substantial itself, but 80% of the body of his policy was indistinguishable from Obama, Bush 2, Clinton, Bush 1, or Reagan.

>>25681478
one side constantly trying to ban guns and close down mining while the other side tries to cut health care and steal more money for corporations. Both with varying degrees of success. None of which I support.

Neither side is particularly moderate, they both do things most americans hate. A middle ground in my mind is moderate on all those and more. Let people decide how they want to live, but also make sure their basic needs and rights are being met.

uh, guys

>>25681581
Good Cheapies

>>25681581
What’s wrong? More jewish tricks. Mooning on Monday, boyo.

>>25681581
no reason to buy PMs with this new administration coming in, sell now.
>>25681612
Also more time to keep stacking

>>25681581
>10 cents
First time?

>>25681564
You have not yet internalized the totality of the present economy, glowie. Middle ground is impossible in bubbles like this. Middle ground requires a schizophrenic view of the world where incompatible and contradictory positions are assumed at the same resolutions.
>We need to provide a basic level of care!
>Government spending is killing the economy!

>We need to cut taxes so the economy grows! Inflation is bad!
>We need to spend more so the economy grows! Inflation is bad!

This was the only outcome that was ever gonna happen. The middle is schizophrenic itself and has then attempted to suppress both extremes which pointed out how its core beliefs were the same as either extreme. "The middle" you refer to was a historical anomaly of pure insanity. Anybody with the intellectual capacity for serious political thought will reject it and anybody with the emotional intelligence will sense the understanding of this that is latent in the 30% of the country that is GOP and the 9% of the country that is antifa. Dem turbocucks and RINOs will soon be castrated by their own creations

>>25668993
>dumped money into gold
>-2% the next day
nice

>>25681750
You may be right but most countries balance better care for citizens with less military spending.

and whether the middle is schizo or not doesn't really matter since far more americans fall in the middle than on the right or the left. But as you say, it's the inequalities that produce movement. I just don't really think the government needs to move so much in unpopular directions and ought to move more in ways the people actually want. Whatever those may be. There shouldn't be 2 sides or even 3. We should choose individual positions, not package deals that don't make anyone completely happy.

>>25681581
I'M FINANCIALLY RUINED!!!1!

>>25681849
They have less military spending because they have a security guarantee from the US. They have less healthcare spending because the US spends so much. Big drug companies don't actually make excess profits. You're suggesting something that has never happened and will never happen. The moment washington was gone the country fell into partisanship.
If you want a historical view of this kind of thing, read Savior Generals by Victor D Hansen. Times of stress = the acceptence of what is required to be great. After the wanted goal is accomplished, the grating general of greatness is cast asside for middle road hacks.
The only reason Europe is so "well adjusted" is because it was systematically neutered by the US after WW2. There are only a few Nations with self determination in the "West": America, maybe UK, Russia, Poland, Switzerland. Everyone else falls under the category of "vassal" in a historical view

Bit of a long shot at this hour, but does anyone know anything about the defunct Ohio precious metals company? What kind of premiums do their 1 ozers demand?
Got a bit below spot price from a craigslist guy (mainly due to agreeing on a price and meeting a few days later) and after weighing it and comparing size to other generics, I'm convinced of their authenticity.

>>25681750
The middle is just normal people who realistically dont give a fuck. Theyre not interested in the nuances of social justice. Theyre not interested in traditional conservative values. They mostly just want to live their lives and not be too annoyed by taxes or laws or each other. The middle you speak of doesnt need extremist beliefs because theyre too busy living their livesl. The people on the far left and the far right represent festering wounds on the hands of the same body. These people are not productive in their beliefs, they cannot be swayed by logic or reason, and their entire personal identity is tied to what other people have told them is right or wrong. "Dem turbocucks and RINOs" lmao. Youre one of them.

>>25679416

What's going on with aurcana?

Did they Dilute shares or something?

>>25682342
Exactly. The middle doesn't care, so they vote for what sounds relatively good. This goes on for years and then you end up with pork politics. What you call "middle of the road" would be solidly right wing by all standards. The average Michigander wants the feds to enforce social justice. The events of the past year prove you wrong. Everyone cried out for money. Everyone cried out for social justice. Every NFL helmet says "End Racism". I don't know what world you live in. UBI has a positive approval rating. Socialism has a positive approval rating from people <45. The middle is schizophrenic because you can't have this while believing in capitalism and freedom of association.

Go cheer on dubya for going to Biden's swearing in Benny boy

>>25682515
If you missed it they took out a private placement and made a lot of people mad. Go check the previous few threads about it.

>>25682568
I should have been paying attention.
How big of a deal is this? Is the stock going to drop further? Should I sell?

>>25682599
honestly, I held some (only 5k shares as just a gamble) because it was shilled here and it was a purely lotto play in my IRA. I got out with a couple hundred buck gain and I'll put that money back into $AG or $EGO or another well established miner that doesn't pull bullshit like that. Hell I might even throw some more into $GTE at this point. There are way better deals out there. This and butthorse are not it. Think of them as pajeet scam coins in the crypto world.

>>25682655
>>25682568
Okay
redpill me on NIM, it has a small mcap and people in the prev threads were talking about it

>>25682599
Its up to you, the money will probably go into getting the mine underway faster than expected but it was done without warning for the most part and has caused quite a few people to hang the company out to dry in statements. I would go further into the matter but I am about to head to bed.

>>25674774
anything can be exchanged. when information is transacted, this forms a market. that which is being exchanged is valued. This value is either intrinsic or extrinsic. There is no intrinsic value, there is only perception. There is no extrinsic value, there is only judgement. From where does value arise? From the desire of those individuals who together form a market. This market is in place in order to facilitate the meeting of this desire. The market serves the desire. It could be fear. For example, cybersecurity. It could be the hope of a technological future, like TSLA and SRAC. It could be the desire for privacy. This is the value represented by Monero. In this sense, Monero is a store of value representative of the market's desire for privacy and anonymity in transactions. The size of this market is massive. In this way, everything is a store of value, it's just a matter of what is being valued, and what it represents. Again, as above, there is a common tendency to limit one's appreciation because of an over-reliance on terms and definitions of judgement and opinions. This keeps people from seeing opportunities, and has them argue against themselves in making decisions, resulting in emotionally-biased decisions that are informed by the very market whose desires they are now victims of. Wake up.

>>25682690
Again we did a serious discussion on Nicola mining recently. I am on my phone now so I can't load up the photo of the discussion but someone else will likely post it here soon.

>>25682690
how can I redpill you on something I don't know about.
>>25682773
yeah I guess just go back to the previous threads and search. you gotta put in some effort, anon.

>>25682773
>>25682717
okay thanks, one reason I was excited about AUN was the fact their mine was about to start production

NIM I'm assuming already had a mine in production, right?

Why wouldn't AUN go up more than NIM because we're buying before the mine has been shown to successfully run?

>>25682805
I dunno. Tell me your opinions on NIM.

>>25682761
>Monero is a store of value representative of the market's desire for privacy and anonymity in transactions.
You don't understand what "store of value means". Monero is a token money for drug dealers and crypto tax dodgers. It's not a store of value because it isn't inherently useful. No value is "stored" because the token can only be exchanged. Gold/iron/copper/silver is stored value because the refined metal can be used for the needs of society.
With that said Monero is cheap. But I'm in other privacy coins ;)

>>25682342
It would be nice if everything could just work out as long as you keep your head down, but the price of apathy is to be ruled by evil men. This is the problem with the moderate middle/normalfags.

>>25682560
Based. In practice, normies aren't neutral even though they just want to live their lives and not get involved. They are socially herded into compliance with the prevailing order

hello pmg chads
I wanna buy some metals with crypto, which do you think will gain the most this year out of;
silver
gold
platinum
palladium

thx frens!

>>25682599
I held and will continue to hold.

>>25682891
>the price of apathy is to be ruled by evil men.
oh it's not apathy
the middle has decided every US election in your lifetime and mine. Neither the left or the right has ever been popular enough to elect a president without the middle.

we just want more moderate choices instead of the two fairly extreme douchebags we get to choose from every time.

>>25682841
Ok since I now cant sleep I ll explain some points.

Aurcana Corp is trying to restart their RV Mine, and needs money so they got another loan on top of their previous loans and diluted their stock.

Nicola is a relatively new company rising from a previously poorly operated project. Nicola holds three major properties including a fully operational contract mill capable of processing Nicola's own ore and material shipped in from companies like Gavin Mines who are partnered with Nicola. There are only two of these contract mills in BC, and Nicola's is the larger and better setup of the two, the other being the Greenwood mill operated by Golden Dawn Resources. Nicola could be operating their Treasure mountain property fairly soon, and will be making money off several mill contracts as well. They hopefully will become a major player in BC mining in the coming years.

All this info can be found on the respective websites, and I really do suggest you research some of this yourself, its actually rather interesting to understand how these companies operate.

>>25668993
I only have 9 oz of silver. How much to retire? I feel like buying more but premiums :/

>>25679450
>200oz of gold per tonne were pulled from the vein going to surface. However that vein was fractured and disjointed, so part of it is missing, likely at or near surface and has never been located.
Holy moly. So you plan on going for a little trip near the marked area then I presume?

>>25682994
The reality is, you won't get more moderate choices. It's not your 'choice'. There's a ruling class and then there's the ruled. It's easy to tell which you're in

>>25683016
Thanks.

>Nicola could be operating their Treasure mountain property fairly soon,
If a mine has been closed down for some time, how long does it take them to start up production again? What is required?

>They hopefully will become a major player in BC mining in the coming years.
They seem like a great company and their price is so low.


Do you think Aurcana's stock is going to bounce back up a bit after this pullback? I want to sell most or all of it if it goes back up 10% or so.
Would it keep falling?
I know you don't have a crystal ball, I just want to get your opinion.

>>25683099
>The reality is, you won't get more moderate choices.
we do though. The parties field who they want and we elect the more moderate of the two.

That's why Biden's election is no surprise. They ran a completely bland candidate. Of course moderates chose him.

>>25683096
maybe... maybe I ve already been looking a few times in the past. An old boy called Herold McGowen would go up there in the 70s with a black light and can of spray paint at night, marking where tungsten ore appeared as gold is associated with it on that area. Than he would set off charges the next evening and cart away the best ore he found for hand milling.

>>25683112
for your first point it depends on if the mothballed mine still have permits or not, in this case Treasure mountain is fully permitted and basically turn key within 4-10 weeks of getting the green light to operate. The mill is fully operational as well, but has been operating at reduced capacity to limit unneeded wear.

For your second point on Aurcana I believe they will take another bit of a dip than rebound as people calm down but its hard to tell. Some major investors were already wary of Aurcana since Sprott left the company on bad terms and they may take off as well if they think the project wont actually go on line as scheduled. We will have to see in a week.

>>25683031
9001oz

>>25683112
I just put a limit sell a few hours ago, if the price goes back to that level later today it'lll just fill on its own

>>25682560
Youve thrown around enough gross buzzwords in the last two posts that it's apparent how rotted your brain is. The same as the libtard cucks that are brainwashed by the MSM. You despise these people but you dont realize that youre very much like them.

>>25682891
The price of apathy is to be ruled be evil men, but if you misidentify evil and good men the outcome will be the same. Sharing real information and teaching each other how to secure our financial futures is a real positive change. Schizo posting on 4chan and lamenting about MUH LIBTARDS AND SLEEPY JOE!!! is not productive or useful.

Really happy I stumbled upon Nicola mining. Picked up 31k shares yesterday. Seems to be one of the very last un hyped, un pumped silver small caps. Although to be fair, no silver miner is as pumped and hyped as they will be in the future

Portfolio is now
KS
BHS
PMY (Soon to be boab metals ASX:BML)
VGLD
NIM

>>25683243
>basically turn key within 4-10 weeks of getting the green light to operate.
Wow that's great to know.
If silver goes up in price, they most likely will restart production, right?
Why aren't they doing it now? Silver is already up a bit.

>We will have to see in a week.
Okay thanks.

>>25683264
Okay I should put a sell order at 1.10 on AUN, I hope it goes up.

>>25683345
>>25683264
>>25683243
why did NIM have a big drop in 2013? Did they dilute shares? was it because gold dropped off?

>>25683353
because even when you already have a permitted site, you still need to bring in contractors, site managers, miners to actually bring the site online. You cant do that instantly, especially with how every contract miner in BC and the Yukon are working right now. Projects like these are hurry up and wait personified.

>>25683428
That was back when they were under the previous dumpster fire management. I dont have the documentation for that far back on hand so I cant answer that currently, perhaps some of Silver miner anon's previous comments can shed light on that.

THIS IS FUCKING GREAT!!!
MY WALLET IS FULL OF BASE
KEEP AN EYE TARDS

>>25683428
Because precious metals and commodities in general declined. We have been in a bear market for almost 10 years. We've only just gotten out of it.

Mining equities are essentially just a form of leverage to the commodities that they are mining - all of the fundamentals of course matter, and there's great variance between every company, but ultimately they follow the commodity itself. If the fundamentals are very good and commodity is bullish, you are positively leveraged. If the fundamentals are bad and the commodity is bearish, you are more than likely going to lose all of your money.

>>25683146
biden won because it was biden vs hitler and the end of all democracy as we know it so don't look into this any further

>normies actually believe democracy, the system that allows them to be extorted and exploited most effeciently, is the best system of government

wew lad

>>25683633
It was actually trump's poor control of the virus and Pfizer stabbing him in the back with the vaccine rollout. Otherwise trump would've won on the economy alone.

>>25683576
>because even when you already have a permitted site, you still need to bring in contractors, site managers, miners to actually bring the site online. You cant do that instantly, especially with how every contract miner in BC and the Yukon are working right now. Projects like these are hurry up and wait personified.
so their best course of action is to wait for higher silver prices?

>That was back when they were under the previous dumpster fire management. I dont have the documentation for that far back on hand so I cant answer that currently, perhaps some of Silver miner anon's previous comments can shed light on that.
Okay but no share dilution as far as you are aware?

>>25683588
ok thanks.
All I know is if the stock price got up that high back then, it has potential to do it again if silver/gold prices go up.
just as long as there was no share dilution

ok NOW I am going to pass out, see you all later! Remember this map it may come in handy some day.

>>25683695
unbelievably based

>>25683730
'night Pan Man

>>25683730
thanks pan man

>>25683709
his only mess up was by acknowledging the virus he should have never shut down that was the death blow

>>25683714
As far as I am aware off the top of my head there wasnt any recent share dilution but I could be wrong, best to double check on that. Also yes they will likely wait a little longer for improved silver prices, but they can also make money on the mill while waiting by processing other companies material.

>>25683780
He never ordered a shutdown, the states and people did that on their own.

he saved the economy by fighting the shutdown though.

>>25682061
BASED

>17950 oz of silver

do i acoomulate to 20k and call it quits for the rest of my life?

>>25683787
>best to double check on that.
I wish I knew where to check online
thanks

>>25683780
There was no leadership from the top. Everything was left to the states which was the worst possible decision to have made. SIMPLE AS
>>25683714
>just as long as there was no share dilution
Mining is extremely capex (capital expenditures) heavy. Share dilution is always a possibility as long as money needs to be raised to move a project further along. This is why outstanding debt and cash reserves is such a big deal to valuations

Trump sucked and did nothing to help anyone. Trump loyalists are cucks and are aiding the Great Reset by creating a spectacle of the system breaking down and starting to be reset as if the will of the people is actually being enacted again

>>25671503
Dumbass

>>25684102
he redpilled a fuckton of people. guess he missed one, though.

>>25684272
>>25684272
>>25684272
New

>>25673446
Milk!!

>>25681126
Yes. Deflationary as fuck, Fed will have to brrr and buy all of those bonds

>>25684633
which would make more inflation, no?