/biz/ - Business & Finance

first for fuck manipulated metals

>>25881380
second for god bless manipulated metals, more cheapies

Anyone have favorite coins you like to fondle on your desk? For me, it's my walking liberty half dollars.

They're already beat up so no worries of tarnish or damage, but are still very satisfying to play with.

>he stores his gold and silver in the same spot
Enjoy your stack being worth a quarter of what it was in case your house burns down

>>25881336
Nick Gerr

>>25881380
>>25881438
Buy and find junk silver faggots. Bought a metal detector getting based silver coins.

One more

>>25881480
I have a 2013 maple thats getting nice and scratched from my fidgetting, well worth it

>>25881485

>he doesn't have a fireproof safe

>>25881720
They're more like fire resistant safe

>>25881720
They're gonna melt anyway if it's hot enough

Anyone else stack fluorite?

Scottie bargains today, just got some more. They're putting out a lot of vids, looks like they're excited about getting back assays

https://www.youtube.com/watch?v=STSLFgnbd2Q

https://www.youtube.com/watch?v=7_p41bSWL98

https://www.youtube.com/watch?v=RCIieFbZ_EU

>>25881811
>They're gonna melt anyway if it's hot enough
Couldn't you just salvage the blob of metal and bring it to the refinery?

Sure it will cost you some money to process but couldn't you recover the vast majority of your physical metal this way?

what a painful week for miners... yikes

>>25881899
checked, i think its cool that they form natural octahedrons like magnetite and you can grow them yourself

>>25882022
last week my miners were up 20k, now I'm back to even, kek

Lads

https://www.simonparkes.org/post/executive-order-13959-kicks-in-9-30-am-dc-time

>>25882311
>random Qboomer blog
pass

>>25882311
holy mother of schizopost

>>25881936
How would you separate the silver from the gold?

>>25882311
so the shill on friday was right

>>25882458
kek imagine believing this, nothing major will happen

>>25882311
https://www.simonparkes.org/post/military-units-moving-in

>>25882506
if nothing happen on inauguration day, america is officially done and american are officially cucklords.

>>25882218
F

>>25882553
this is the painful truth
everything is more or less fucked anyways though

>>25881936
>but couldn't you recover the vast majority of your physical metal this way?
Yes. If all of your PMs melted into a big blob of stuff, you'll most certainly lose the premium for their original form factor (coins, rounds, bars) and you'll likely lose a tiny amount since the blob will need to be refined. But there is no need to worry that a fire will destroy your wealth stored in PMs as they cannot be destroyed in a fire.

>>25881575
how much luck have you had with this?

>>25882022
I should not have bought on Friday. The bogdanoffs are watching
Sorry lads, it's on me

>>25882431
Gold and silver have different melting points so that is one way of separating them. There's probably a way to separate them through chemical reactions, too.

I want to buy gold but I don't want to pay $1900+/ounce lads.

>>25882694
pay $60 per gram then

>>25882694
I suggest inventing a time machine then. Don't see the price coming down given the clown economy and the unprecedented printing by all central banks.

>>25882694
You'll have to wait until asteroid mining becomes commercially viable then

https://sprott.com/insights/sprott-monthly-report-2021-top-10-watch-list/
A very good read.

>>25882694
I just ordered three 2020 Buffalos, came to $1940 each delivered. Bite the bullet

>>25881336
whoa nice stack o' bars Opie

>>25883465
Fuck that gay bust design, desu. I'd just as well rather have Jamal's mug on there

>>25883465
Got one coming today along with some silver eagle and 10oz bars will post pic when they come in

>>25882652
yes its quite easy for someone who knows how. The silver will dissolve into the liquid and you precipitate it out like snowflakes.

>>25883705
This, literally glorifying losers

Would like to ask anons on you're opinions on stacking with silver , the majority of my silver stack is coins , mostly because looking at the numismatic value side of them ( bearing in mind stack is not for my future wealth but for my kids) I feel the coins will have their value in silver plus numismatic value on top, or is it better to stack bars instead as they are generally cheaper than coins, or is it just you're own individual choice as to what to stack as long as its silver?

>>25883214
>Adding to this bullish setup is a significant breakout in the 10-year breakeven yield, signaling a pro-cyclical rotation
What is the 10-year breakeven yield?
>Silver's correction occurred well above the $21/22 breakout level and the 200-day moving average in a bullish high-level correction (Figure 10, top panel)
What is the $21/22 breakout level? From what I can tell it broke out to 22.83 on July 20 and re-tested that level in September and November. Is that the level they're talking about? That level seems solid but the long run $17 level seems solid-er. Of course the dollars being printed now are on a different level, so... maybe $23 is the new long run level? That would be a 35% premium over the previous level. But why?
>Figure 10, bottom panel
That steadily declining silver/gold ratio is interesting. What's that about?

What a day, loading up on kinross impact and silver spruce for cheap cheap cheap

Feel free to go back up now my bags are full

just bought my 3rd gold 1oz coin. current stack 75oz silver and 3oz gold

>>25883705
>>25883942
what a couple of faggots, whoever doesn't like the old buffalo nickel design is a confirmed homo, you 2 should hook up

>>25884506
>struck by the United States Mint from 1913 to 1938
>Old
Ok kid

>>25881336
THE 26OZ STACKLETTE HAS LVL'D UP

i feel like if i had large gold or silver bars i would rub my dick on them

I'll just leave this here.

>>25884061
tough question. people say you want to have 1 oz coins for "barter" but then you look at Venezuela which already had hyperinflation and you can buy 1 year of labour at avg price for 1 GRAM of silver there now. clearly 1oz denominations dont work unless you are going out to buy someone as your serf.

I don't think people really know. If you plan to eventually refine it yourself or sell for gold, maybe bars is better, but honestly silver is impracticable as day to day currency (although it could be used in larger trads)... ultimately probably doesnt matter what form its in so much as whether its filled with tungsten or whatever the hell is used in fake silver.

silver bars do take up quite a bit of space, even a $20 000 purchase of silver bars will take up more space than you probably want. I wouldn't put more than 10% into numismatics tho, no guarantee anyone will give a shit.

>>25883705
>>25883942
It is based off 1913-1938 Buffalo nickel

If they dont smash down the 10yr yield back down to 1.0 theyre going to crash the stock market and gold along with it

>>25884506
>projects his homosexuality onto others for not liking a stupid wagon raider on a coin

>>25884492
Nice grats man, keep up the great work

>>25881485
My house is made out of solid gold

what's up with rhodium?

>>25885072
the price

>>25884641
ya done good fren
>phone posting
minus one point

>>25884897
Thanks for letting me know to wait a bit more. Was going to buy more gold this week, but if there's a potential crash on the loom I'll wait until we get more cheapies.

>>25884897
>and gold along with it
paper gold, you mean. If the stock market crashes again you won't even be able to get your hands on physical.

>>25882604
Every time I go to wash my truck or through the toll booth I always keep some fiat on hand for rummaging. I've actually gotten an ounce worth doing it this year, so I'd say it wouldn't be a huge money maker. But nice to always find free silver you otherwise wouldn't have had.

>>25883465
God I love Buffalos (I know I'm one of the few here that do).

>>25883705
When the SJW mob bans these like they did the Redskins and the Indians, they'll have value beyond spot.

>>25884717
what did he mean by this?
we have 20 more years to wait for the next moonshot?

>>25885326
>replacing a normalfag's pre-1964 cupholder change with worthless fiat

went through my change jar last night. 198$ in that bastard. not a single silver coin or mint mistake coin. oh well chances were slim anyways.

>>25884897
Gold got smashed in March and popped right back, would people really dump gold again?

>>25885749
Yes. Because normies are stupid

>>25884795
what would be a good coin to have for bartering in a situation like this?
copper?

Technical analysis of us dollar, gold, silver and platinum. Tldw: we are still fundamentally set for massive gains.

https://goldseek.com/article/gold-silver-charts-point-higher-prices-chris-vermeulen-video

>>25884795
Thanks for your reply, oddly enough I watched a YouTube video a couple of weeks ago on the situation in Venezuela, iirc it costs something like 9000 Bolivar for a hotdog from a burger stall,the only way they're surviving is because at least every family has someone who has made it into the USA and is able to send $200 back home every month , it was a rather bleak insight in to what to expect in a total collapse of a country.

>>25885951
Newest stack additions.

>>25885749
>would people really dump gold again?
No, because they now know inflation is guaranteed.

>>25885830
If 1 gram of silver ends up being 2.8 times the average annual salary, the last thing you should worry about it stacking copper for trading.

I'm getting a few boxes like pic related to keep my coins in, as well as buying capsules for all of them.
Good idea/Bad idea?

>>25885951

>>25886007
why not
wouldnt you need smaller value currency?

>>25886037

>>25885828
Normies are not invested in PM's at all right now

>>25886015
i'd get mint tubes. i have a welder and argon so i pumped argon into my tubes. i keep one out for handling because i like the feel.

>>25886072
In theory yes, realistically no. Frankly I don't see how 1 gram of silver can equal 2.8 annual wages, either the numbers are off or an annual wage won't be able to buy much of anything. If an "annual wage" really is enough to sustain a living for one person, then society will find a new currency, or just resort to bartering.

Let's say 100% of the new annual wage goes to food expenses, and a person can live off of 1 lb of rice a day with no other food. That means 1 gram of silver (worth less than 1 USD today) would be able to buy 2.8*365 = 1022 lbs of rice, which really doesn't seem realistic even in a hyperinflation scenario. The new currency would probably be food (barter) in that scenario if a gram of silver really was valued that highly.

>>25886100
Boota!

>>25885749
>>25885828
What we are seeing now is more paper manipulation. There are a large degree of retards sure, who dump gold because they think now that Biden is president the stock market is saved, and while they are significant in number, the majority of this is more fuck fuck paper games and institutional shadow deals.

>>25885510
I was just trying to get an answer to this
>>25884172
Basically is there a reasonable inflation adjusted long term price? Furthermore is there a reasonable silver/gold ratio because it's at a historic low?

Meanwhile this:>>25884897

The 10 year yield seems inversely correlated with silver price.

So, factors in silver's favor:
>Actual dollar weakness
>Other countries trying to get off the dollar (possible dollar bubble)
>Literal money printing
>Historically low silver/gold ratio

Factors against silver
>Low interest rates contributing to "everything bubble" including silver
>T-bill going above 1%
>Gold increasingly held by central banks
>Historic silver price is $10-17 inflation adjusted

And like anons have said, if silver drops, the local dealers will be stripped bare. So there's that.

I might just stack rolls of circulating nickels

>>25886100
I'm taking my brother to the LCS for the first time today. He's interested in stacking but hasn't started yet. I show him my stack every time he visits and he's been wanting to start one of his own.

>>25886280
that makes sense, it does seem a bit too high for 1g silver
lol hope merc dimes will be low enough if a situation like that was to happen here.

>>25886100
AHHHHHHH

>>25885534
That could buy a nice little handful of shares of some microcap mining stock.

>>25882694
Just buy gold with crypto.

>>25885749

Not as many but probably some. IMO it's not so much margin calls as algos driving the paper spot down to match spiking real 10 year yields.

The market makers are acting like they think real yields are going to start rising any second now, so they run from gold at the first hint of it hence the big drops. They're stupid and setting your bots to just move 1:1 with real bond yields is stupid. It doesn't take a macro genius to see which way real yields are going for the next couple years.

>>25886541
Merc dimes historically weren't low enough for the average small-scale transaction, which is why we created copper pennies to begin with. However, I think in a super-SHTF scenario a merc dime would probably be valuable but not illiquid, maybe equivalent to a $100 today (I'm being optimistic for silver here).

I recommend watching this video for some context on where we could be headed
https://www.youtube.com/watch?v=uGcSrYJqmT8

>>25885749
well they already dumped gold and silver on friday and again on monday. bloody red

10yr is still climbing

>>25886497
Awesome! I've been working towards that and think I'm making ground. He's convinced, but won't do it himself unless I physically drag him to the shop myself.

>>25886100
The whole reason why BTC was spiking

>>25886472
>Historic silver price is $10-17 inflation adjusted
Half of demand now is manufacturing, back then silver had few industrial uses. If silver were to become a mainstream investment once again that'd only push demand, and prices, further over historical levels.

>>25886713
ty for vid
watching it now
still wouldnt mind throwing a hundred into copper rounds for shits and giggles

We’re back, lads.

>>25886797
Dollar was rallying the past week. It's turned around and started heading down again right in it's longer-term channel. Metals should be up the rest of the week.

https://www.zerohedge.com/covid-19/uk-government-may-only-let-people-out-once-week

UK PMG anons, what in the world is going on over there? They're considering making it illegal to talk to other people in public!? Is this media theater or are the lockdowns that severe over there?

>>25885410
>the SJW mob bans these like they did the Redskins and the Indians, they'll have value beyond spot.
Finally a good rebuttal. Thanks

>>25887067
No no no no I haven't bought the dip yet! Wait!!

>>25881336
best way to clean up tarnishing on silver bullion?

>>25887224
Pump eet, I bought in yesterday.

>>25887020
What was the industrial demand like in the 90's

>>25881936
Thanks for the image. I made the security guard throw up with it. Guess what the kids are getting for holloween

anyone holding a platinum mine?

>>25886100
hippity hoppity
she could ride my carrot to the moon

>>25887115
I mean of course they are going to discuss the option privately (that's their job) but unlikely to carry out the once a week thing. This is Zerohedge sourcing the Daily Mail, sort of the peak on unreliable news sources.

Tho yes, Covid rates have got prety bad and now the Government wants to blame the public for their own messup.

>>25887115
Its a shitshow, even though vaccines are being rolled out it doesnt seem to curtail all the ridiculous """safety""" measures in place. Obviously its all bullshit but I'm thinking people are putting up with it because they think it will end eventually - something that is very much not guaranteed.

I live in a small ish town outside london and about half of people I see outside will be wearing masks, some in the car by themselves wearing one. There's no hope for some people.

>>25887248
https://www.ebay.co.uk/itm/184014763045
Something like this is great

Okay am trying to buy pick related. Am I retarded? Why has the buy order not gone through after a few hours. Am I asking to low of a price, am I not ordering enough shares. It doesn't look like either to me. This is probably a very stupid question.

Guys what are some good metal related stocks?

>>25888045
Hows your crypto doing?

>>25887115
don't forget based small caps anon is there.

>>25887965
Not an expert, but you're buying Vangold which is halted due to an acquisition, so that might explain it.
https://ceo.ca/vgld

>>25887965
VGLD is halted for trading. The other ticker doesn't seem to have an ask price, maybe nobody wants to sell on the exchange, where you are trying to buy. Or maybe your price is just too low, because the bid is already x4 the price youre willing to pay.

>>25887874
thanks fren

>>25887965
maybe no volume

>>25888045
Obviously there will be lots of different opinions about this, usual disclaimers, but if I was forced to pick just a few:

PAAS for silver
SBSW for gold (and platinum too which is nice)
RIO and BBL for diversified

>>25886100
Good more for us gold and silver it's for kings and gentlemen Let The Peasants barter

>>25881336
Should I buy a 1/2oz gold coin or two 1/4oz? I know I’ll be eating more of a premium but it seems like 1/4 and full ounce are the most popular sizes, while 1/2oz seems to get ignored

>>25888171
Got out at 25k. Took decent profits so I didn't care that it went up even more.

>>25882694
Buy fractional coins retard, it's also easier to spend and doesn't draw as much attention like pulling out a fatty AGE in broad daylight.

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=10892615&OS=10892615&RS=10892615

UUUU just got this patent, so why is it dumping? I had 100 shares, sold 25 about a week ago, price went back up and now it's sliding again??

>>25888195
>>25888221
I'm an idiot I've been researching this company all morning and I failed to notice the news.

>>25888625
If you're buying fractional coins wouldn't it be better buying small bars of 1g/2.5g being as fractionals have a higher premium on them ? Genuinely curious
T. New to this board

>>25888380
You should buy what you like. However, the 1/2 oz coin is going to be less of a premium so if you're looking to maximize the number of grams of gold you have, buy the larger coin. You seem to focusing on numismatic potential and that requires special expertise to determine whether such value will ever materialize.

hey /pmg/

which metal should perform the best this year out of:
>silver
>gold
>platinum
>palladium

thx

>>25885510

No...The inflation hasn't started yet...

>>25887248

Do this. takes like two minutes and uses household stuff.

https://www.youtube.com/watch?v=2xvqD5PE8_A

>>25885951
>we are still fundamentally set for massive gains.

Depends...if the dollar strengthens because the dollar is the cleanest shirt in the hamper and the rest of the world goes down in a global depression than precious metals won't do all too much...

>>25887248
actually follow this guy instead, this is the best way

https://www.youtube.com/watch?v=gZmXjt5H_q8

>>25886037
Beautiful

>>25889361
that exact order you put it in.

>>25889455
And what are the chances of that?

anyone bullish on cannabis stocks`?

>>25889570

Very high if U.S keeps cutting off access to liquidity to china...

>>25889690
cannabis stocks are a meme now and the hype is gone...

>>25889690
>cannabis stocks
Sir this is pmg not smg. We discuss shiny rocks and companies that extract shiny rocks.

How do you guy's store your silver? I'm not sure if I should say this, but mine is hidden in a fake saving cream can.

>>25885749
They dont 'dump' it for fun. They sell it to meet their margin calls. They use it for its purpose: liquidity when shit hits the fan.

>>25889762
Nice try officer

>>25889762

>>25889772
Precisely. This is essentially what happened in 2008. There was nothing to suggest that the dollar would continue to be depreciated so there was no particularly good reason why gold should have fallen in price as much as it did. Going forward, I think there is a good chance that if there is a bona fide stock market crash, we'll see gold prices fall yet again as all assets fall in price. There is a lot of leverage in the system and it makes the system particularly reactive to downward price movements.

>>25889762

Buying physical silver is probably the dumbest thing one can do. You WILL pay alot in taxes and you WILL have a hard time finding someone to purchase it when it's time to sell and dealers will rip you off. It's best to purchase silver miners because it's better liquidity and better for taxes...

>>25889772
This. At some point it's the only thing they can sell when the margin calls keep coming.

>>25889772

This but lets expand. When the market initially drops it's because they need to cover their margin calls, because the dollar strengthens, and because industrial demand goes down.

>>25889762
I hide my PM in a box of shitty-tasting cereals
I also have a box of fine chocolate cookies next to it, on the offchance that I get robbed the dude wants to snack on something ''a la" Pulp Fiction

>>25890172
>Buying physical silver is probably the dumbest thing one can do
Weak bait

>>25890172
I too have a preference for mining stocks due to the leverage and potential for large gains, but I wouldn't necessarily say that buying physical bullion is "dumb."

CUZ I'M IN TOO DEEP AND I'M TRYIN TO KEEP UP ABOVE IN MY HEAD INSTEAD OF GOIN UNDER

>>25882694
Wait for stock market crash, gold will crash with it until it rebounds

>>25890545
What if what happens instead is that FED steps up QE and bond buying and forces yields back down to below 1% because uncle sam really can't pay interest rate on that enormous deficit. That would be the kicker for the next leg up in gold bull market. I am positioning for this move because right now the market is larping that the yields can keep rising no problem when in fact it is an enormous problem and will eventually be dealt with. Then it is also clear that covid was just the pin and economy is in deep shit even without it. Even though this should have been known already considering that we were doing "not QE" already before covid even though the economy was supposedly booming. Fake economy and fake bond yield rally. You can only run away from reality for so long. The next move in gold will be explosive to the upside.

>>25889762
sorry anon
i dont have any gold or silver.

Is this a good deal?

>>25890962
It's an okay deal although a quick look at JM Bullion shows they have slightly better prices for new bars. You can further reduce the premium you pay over spot by buying larger bars, say 5 or 10 oz.

>>25891089
Cool, thanks for the tip.

If the stock market crashes gold crashes with it? I’m trying to move from these bonds I’m in, but being so close to retirement I’m not sure what a safe bet is.

>>25889421
I understand wanting your stack shiny again but does it remove a tiny portion of silver? looking at the chemical reaction I don't think it does

>>25890545
When the fuck will the crash be? It seems the government is content on MONEY PRINTER GO BRRRRRRRR'ing themselves out of any economic downturn from hereon, and we've only instated a government that's going to amplify that.

>>25889762
mines at the bottom of the lake,...
boating accident.

>>25891191
Gold probably would crash a little, but not very severely, and not for long, judging on how well it did in 2020. That is just my guess, though.

Okay, since you guys like posting stacks.

>>25891336
I want to get out of this bizarro economy we have and get something that will always have good value, like gold. Is silver or gold the better long term investment, or should I go for a mix? This would be long term for when I pass it on.

>>25890172
the small remainder that I have after the terrible boating accident I keep buried throughout my yard, I also buried small pieces of aluminum foil everywhere to throw off metal detectors

>>25890172
best silver mining stock?

>>25891376
very nice

>>25891376
Is that a good way to buy if you just plan on holding it forever? What is a good storage option for that kind of stack?

>>25891191
I saw your posting from a previous thread yesterday. If you're close to retirement, you shouldn't take unnecessary risks. Read Harry Browne's book, Fail-Safe Investing, and pay particular note to his concept of the Permanent Portfolio. The Permanent Portfolio puts your money into four asset classes: cash, bonds, stocks, and commodities to weather all economic conditions (deflation, high inflation, stagflation, hyperinflation, and Goldilocks).

So if I were your advisor (I am not so do your own due diligence or speak with your advisor), I'd have you put 25% of your money in FDIC/NCUA insured savings accounts or Treasury bills if you have a very large amount of money, 25% in US Treasury bonds or 10 years or greater duration, 25% in precious metals (gold), and 25% in an equities index that avoids US equities as much as possible due to their overvaluation.

>>25891336
Also the fact that everyone saw this happen, now the general public has an even more positive view on PMs as a safe haven during crisis mode

>>25891229
I really don't think large crash like March last year is possible anymore. There's just too much liquidity and bonds are uninvestable. Sure individual meme stocks can correct 80% but I don't think SP500 can crash as a whole. When the problem is currency debasement as it is today you want to have your wealth in real assets such as shares of companies, i.e. stocks, real estate and precious metals. Just look at the stock market index of Venezuela or some other banana republic, we are literally going to be the same in the US and EU.

>>25891376
absolute gigachad

Thoughts?

>>25891484
>Is that a good way to buy if you just plan on holding it forever? What is a good storage option for that kind of stack?
Actually, I'm buying at 0.5% above spot with no taxes, turns out my bank is really great for this stuff. Storing them at the bank, since I can actually easily liquidate them at 0.5% below spot too. Mostly just waiting for the stock market to go bust and buy a ticket to the moon after that.

At least one will end up in my attic at home though.

>>25891376
>$350k stack
absolutely moggs my little babby stack

>>25891484
I get the impression from the questions you've asked that you aren't very experienced and aren't very comfortable with a lot of investments. When it comes to gold, I would recommend you buy something like the Sprott Gold Trust (PHYS) which you can easily buy and sell on stock exchanges. You can also use BullionVault or GoldMoney if you want gold allocation in your name but stored in a vault in Switzerland or some other safe jurisdiction. Buying bullion and taking physical possession of it requires some planning, especially if you are buying more than a few ounces.

The Sprott Physical Gold Trust is the easiest thing for most people to own and it's easiest for them to understand. The fees they charge are reasonable (they could be lower, IMO) and I believe the fund can be trusted.

>>25891606
>Mostly just waiting for the stock market to go bust

kek
rip your soul

>>25891578
Titanium isn't a precious metal, and has never been used for money. Even platinum was used for bullion for a while in Russia. Buying titanium by the ounce isn't quite as meme-tier as buying copper by the ounce, but its pretty close.

>>25891376
You will be a feudal lord and I will be your knight

>>25891376
>have blue light reduced so monitor is more orange in shade
>look at thumbnail
>damn, 5 kilos of silver very nice
>read the bars
Jesus fucking Christ, man.

Sup /pmg/. Been awhile since I've been in here. Haven't been able to purchase anything in a few months, 2020 was my first year. Managed to accumulate~160 ozt. Waiting in my VA benefits to come through so I can get back to stacking. Backpay should be good, will probably pickup an oz or two of gold with it God willing.

>>25889455
Precious Metals perform through depressions and recessions in which isgovernment intervention takes place.

>>25891486
Do you like the look of the permanent portfolio listed here? I would be doing this with vanguard so this is what I found.

>>25891376
very nice

>>25891723
Well, investing in parallel with some 120k in the stock market, up some 25% on that in two months, no leverage, shorting or options. As the saying goes: How do you make a small fortune? You start with a big one! Just want to avoid massive losses, so the gold is a hedge against central banks printing fiat.

>>25888945
just realized this energy FOCUS, not FUELS. Forgive me, I'm a humble /pmg/ brainlet

>>25891578
titanium is like a top-tier aluminum bro...

>>25885830
I don't really look at it that way DESU. I see barter trade as near the bottom of my list of important things. Something will come along, it is unlikely to be straight up coins, but whatever coinage you have will have value to trade and probably much more than you could realistically spend in one lifetime if you have enough. The Venezuela thing is what would happen everywhere if the fiat monopolies fell.

fact is, money just does not buy that much. it paints a target on your back, and if you have it, you'd best have a plan to use it. most people in history were serfs, not bc of muh oppression but bc worrying about stacks of cash is a pain in the ass and a simple life of barter unencumbered by the threat of violence associated w huge holdings is not desirable - ask the numerous shit-tier deposed latter day Eurokangs.

Best thing in a situation like this is to make yourself indispensable to society via skills / social connections / generating useful commodities. the current 'elites' biggest fear is 'how to stop their personal guards from turning on them'. if you have not solved this problem for yourself (and don't think a pile of guns is going to save your ass), what is the point of acquiring in the first place.

i did just buy 12 copper coins of crypto style to flex on the cryptofags at a later date, i think this stuff is cool dont get me wrong, but i mostly focus on community building to make myself indispensable to society, as should you.

>>25885970
cool thanks for sharing. another thing i like to research is the connections between politics/religion/finance in the Roman Era, I made this diagram, ultra fascinating that modern day religion is basically state instituted money-worship.

the other collapse story worth looking into the the survivalist Bosnian (Croatian? Yugoslavian?) whose city was under siege for a year. the things that ended up being worth most were fuel, bullets, food, lighters type things.

>>25892252
in a situation like that i would never go around flashing wealth.
if even silver is considered that wealthy i dont want to be walking around trying to buy shit from the commoners with it.
which is why i asked about lower tier currency in the first place
now if the banks still are around then thats one thing, i can just take some silver and exchange it for the lower form.
maybe im just thinking about early stage collapse where you only have what you had when it happened
better to have lower worth coins on hand for smaller things
call me a doomer but i believe a great depression style recession is only a matter of time.

>>25892342
>Bar Kokhba Revolt
Read about this, its a fascinating and prototypical revolution. Also, Socrates being after Plato is rustling my jimmies

>>25881899
cool

What's the best way to turn silver into ammo to fabricate silver bullets?

>>25892342
Obviously you can't survive on a diet of PMs, so all those essentials such as food, fuel etc. will be more valuable than PMs. But they are either not a store of value since they are not durable (food) or not portable enough to efficiently trade with (fuel, bullets). In my opinion PMs will be important after such an event, when a new order starts to be established. In the mean time you'll have to make it through though, so having some cash, essentials and useful skills are even more important than PMs.

>>25884795
>you can buy 1 year of labour at avg price for 1 GRAM of silver there
proofs? I saw 1 oz gold for a house, as well as 1 oz silver for 6 months food

>>25867754
>Peter schiff BTFO by the winkelvii
the winkie twins were btfo so hard by the zuck that they can't possibly ever btfo anyone. tyler provides no actual information or argument apart from
>nuh-uh!
besides, it's just a pissing game and Schiff knows it

>>25884625
No kidding. Any ties to ancient aryan civilizations such as Mercury dimes was replaced with white guilt coins and jew puppet presidents

>>25891724
Precious metals are bought for investment, not cash money. Titanium prices fluctuate, and sometimes spike. Currently near a historic low. Think

>>25892015
That is not bad and you're going to be ahead of most people in the US. However, VTI has a lot of US stocks which, IMO, are very overpriced. It is my opinion you could get a better long term return if you swapped out VTI for VXUS or maybe something like VWO. VWO is an emerging markets index which I believe will outperform US equities and developed market equities but be forewarned that it's more volatile than US equities and, in the event of a stock market crash, it's possible that the emerging market equities will fall further than US equities although I don't think that to be too likely. However, no matter how much emerging market equities fall, they should recover more robustly than US equities.

VXUS contains a mix of developed market and emerging market equities. If you don't want to take the higher volatility of VWO, choose VXUS. You'll still get exposure to emerging markets but you'll have the lower volatility of the developed non-US markets to balance things out.

I'm assuming BIL is either cash or a US Treasury bills fund. That's fine. That portion of the Permanent Portfolio is essentially dry powder in case good investment opportunities present themselves as well as a source of funds for your daily needs or for emergencies.

IAU is a satisfactory way to own gold. I should mention that the commodities portion of the Permanent Portfolio can also be expressed through things like timber or real estate (directly, not through REITs or stocks in timber or real estate companies).

Overall, your proposed allocation looks good. Make sure you read Browne's book to understand what the Permanent Portfolio does and how it does it if you're not familiar with it. I believe many professional investors are using variants of the Permanent Portfolio to manage their own money since the markets are totally crazy.

>>25887115

>UK PMG anons, what in the world is going on over there?

What was always intended.

>>25893115
Then he should be buying by the kilogram and no the troy ounce. There is little demand for titanium bullion products, which means that buying titanium bullion comes with a steep premium. He can unironically buy bar stock for cheaper if he's dead set on flipping a physical commodity.

Nice, first time I see my lost stack for a baked thread

>>25893072
Dangerously based

>>25893253
Doesnt matter. In the jesus arrives. You think he went apeshit in the temple with the money counters. You havent seen anything yet.

>>25891486
>>25893176
>>25892015

Will you please stop giving this poor man this horrible advice. I know that you may have good intentions and may believe that you are being "responsible," but this is not the time for a Permanent Portfolio. A 25% allocation to precious metals means that he will preserve only a quarter of what he might preserve. Telling him to put half his money into Treasury bonds when we are on the verge of a dollar currency crisis is advocating suicide. Every penny which he puts into bonds will be lost. At least you told him to buy foreign stocks for the 25% stock allocation.

>>25893176
You have been so incredibly helpful. I appreciate all the effort you have put in to help me with this. I got my bonds set to sell so I can buy into these etfs. You have reduced my stress levels about what to do so much. Truly, thank you.

>>25892494
someone is eventually going to know you have money, because you will be spending it. unless you're just planning to hoard it for all time and eventually have it discovered by some futuristic bugman with a metal detector.

I think it's pretty realistic to infer that we are headed for a great depression, which makes it a good time to educate ourselves on how society is supposed to work, so maybe next time, crises on this scale can be averted.

short term currency wise tho, as in intermediary currency before some new (hopefully not fiat) system emerges. I think the best system is hemp-bux. the government would set a price of 1 kg of hemp (or hemp by product) and this would be the common currency unit. this would shift things towards a hemp economy, home insulation is way better, imagine 3D printing a house made of hemp, wearing hemp clothes and having hemp-based food replace basedshit, hemp seeeeds woohoo omega 3 is good for meee.

>>25892531
cool

>>25892986
https://www.averagesalarysurvey.com/venezuela
median salary = 1,823,333. spot price venezuela silver = 1,181,786.61.... u can literally look this up bro

>>25891222

No, not in any meaningful way.

Warm water + baking soda + salt + aluminum foil = a chemical reaction that causes the silver sulfide (tarnish) to change back into silver, freeing the sulfur atoms to migrate and attach instead to the aluminum foil.

Whether that means the silver converts on the coin (and stays) or converts to the aluminum (a loss) idk, but it's impossible to weigh. Tarnish is like rust but only a few atoms thick. No one will ever know a few atoms are gone.

>>25893496
*sigh* I take it that you think very close to a 100% allocation to PMs is a good idea? I specifically answered his question because I was seeing things similar to that when he first started asking for advice a few threads ago.

You cannot know with any certainty that the USD or Treasury bonds are going to vaporize. The US still has a lot of levers it can pull to prevent that from happening with one of them simply being "discipline." If it were so certain that the USD and Treasuries were doomed, then PMs would not have fallen along with everything else in March of 2020.

I am specifically recommending a Permanent Portfolio because it will likely have one of the lowest overall volatilities of any other asset allocation. Furthermore, I have told the guy to speak with his financial advisor and do his own research. He should not be doing what some unknown person on the internet tells or suggests him to do.

As for you, if we're all still on this board, I'll be interested to know how well you did 5 years from now with whatever portfolio you have. Understand that this man is 2 years away from retirement and you might be in your 20s. He cannot afford a wipeout due to an allocation error; you can.

>>25893496
So what do you recommend?

>>25893773
He has been in these threads for many months offering detailed, compelling, well-researched advice. You may want to check the archives by searching “PMG.” I do recall a lot of great information being shared in the past few days. Not trying to be difficult with you, but it would be easier for you to search.

>>25893691
Here's a pic rel of tarnish on a silver coin. It's incredibly thin.

>>25893615
You're welcome. However, please consider what this guy >>25893496 said. While I disagree with him and I'm almost 100% certain I'm far more qualified and knowledgeable than him about portfolio management, you should speak to your financial advisor or think for yourself and carefully research the advice I offer.

To lend a bit more credibility to the PP, I suspect Ray Dalio (Bridgewater and Associates) is running something of a PP with his own money. He has stated that there are times in history when you don't know what's going to happen, that any number of assets could be utterly destroyed. That's where the PP allows you to survive. Of course, if we all knew which assets would be destroyed and which one's would thrive, we would never need a PP but the reality is that we don't know what's going to happen.

I recommended the PP because you stated you're about to retire and I understand your concern given the crazy markets and the tremendous unrest in the country. I am personally invested in a PP-style manner and there is a fair amount of money at stake as I am probably one of the wealthier people in this thread. So, for what it's worth from a person who could be lying, I am claiming that I am a relatively wealthy person who eats his own cooking.

>>25893656
I got completely confused with VEF and VES

>>25893751

>*sigh* I take it that you think very close to a 100% allocation to PMs is a good idea?

At a time like this? Yes, it would be an excellent idea. But if he isn't comfortable to do that, then he can also buy some foreign stocks with e. g. Peter Schiff's foreign stock fund.

>You cannot know with any certainty that the USD or Treasury bonds are going to vaporize. The US still has a lot of levers it can pull to prevent that from happening with one of them simply being "discipline." If it were so certain that the USD and Treasuries were doomed, then PMs would not have fallen along with everything else in March of 2020.

Yes, you _can_ know that the dollar is going to die. The money-supply has gone parabolic. Hyperinflation (in the true sense of the word) is already here. "The progression of annualised monetary inflation from under 6% before the Lehman crisis, to 9.6% subsequently until March this year, and 65% in the thirty weeks since is clear from the chart." The authorities have lost control. Real yields are negative, and can never go up again; yield-curve control is coming, and must come. Foreign nations are preparing to dump the dollar imminently. You do not appreciate the magnitude of the situation which we are in.

>I am specifically recommending a Permanent Portfolio because it will likely have one of the lowest overall volatilities of any other asset allocation.

It doesn't matter about temporary "volatility"! When the dollar goes to zero, he loses everything in bonds--_every single penny of his money!_ You have to understand that the old ways of thinking no longer apply. A Permanent Portfolio would have been disastrous in the 70s and 80s. Only the precious metals part would have served you well. We are going back to the 70s and 80s, except a hundred times worse.

>>25881811
Well don't strap thermite to your structural girders then. 9/11 wasnt an instruction manual

>>25893899
>He has been in these threads for many months offering detailed, compelling, well-researched advice. You may want to check the archives by searching “PMG.”
If you're talking about the guy who has criticized my advice of a Permanent Portfolio allocation, is there any way to identify what he has written in previous threads? From what he has written here, he's no different from the other boo birds or cryptocurrency pumpers. He has offered zero advice, good or bad, with regard to the original question our soon-to-be-retiree asked.

>>25893656
>someone is eventually going to know you have money, because you will be spending it. unless you're just planning to hoard it for all time
my basis is that things will slowly become better after the initial collapse
so low tier currency in the beginning so no one around me thinks i have a lot.
Then when things start getting better, ie there will be a government, there will be some sort of banking and currency. Then you could use some of your stash to set yourself up somewhere more safe like buying land somewhere remote.
the beginning of a collapse will always be the worse. The gold and silver is for what comes after.
Thats my thinking at least, but you know what they say about plans. I might day the first night by a stray bullet from two idiot down the street fighting over a can of beans.

I have somewhere near 50 g of gold and I was wondering if I should invest more into the silver than gold or invest both of em equally? what's your ratios?

>>25891191

>If the stock market crashes gold crashes with it? I’m trying to move from these bonds I’m in, but being so close to retirement I’m not sure what a safe bet is.

Gold went down far less than anything else when the stock market crashed last time (only -10%, briefly). Cp. with the Dow Jones at nearly 40%, or Bitcoin at over 60%. Additionally, the COMEX nearly broke on 23 March, and was only just barely pieced together again; it is doubtful whether it would survive a second crisis, and has continued to get weaker, there being record physical deliveries. The moment it does break, gold will be released from derivative manipulation, and immediately soar by thousands of dollars, just as palladium did a few years ago. If you buy physical gold (_not_ GLD or SLV the unallocated ETFs--at best, buy Sprott's PHYS and PSLV), you are guaranteed to preserve your purchasing power in the coming economic catastrophe. I also recommend silver, but it is categorically impossible to go wrong with gold. The dollar is on the verge of collapsing. It may happen literally any day. When that event does occur, the world is going to return to a gold standard. Everybody is preparing for it. Just now we heard that "Russia holds more gold than dollars for the first time in history." Gold and silver will be the _only_ certain safe havens; all fiat currencies will go to zero, and every bubble will deflate to fair value.

>>25894130
>e. g. Peter Schiff's foreign stock fund.
Holy shit, you're naive and/or young. Those who let Peter Schiff manage their money in the 2000s did very, very poorly. I am not always on these threads but I would recommend everybody not take Peter Schiff's investment advice and avoid him at all costs when it comes to letting him manage your money.

>Yes, you _can_ know that the dollar is going to die.
The dollar must die in our lifetimes for your comments to be truly useful. If you fully allocate to a dollar destruction and it doesn't implode, any dollar strength surge will potentially wipe you out or force you to sell you assets at a low price to meet whatever other expenses you have.

The money supply is high but it can be reduced relatively easily. Until the Fed and Treasury put money into circulation without a corresponding debt, the inflation is temporary and can be balanced with a terrible, deflationary force when the bonds are extinguished.

>>25889762
I kept mine in a plastic bag duct taped to the side of my boat right at the waterline. Unfortunately one day a wave dislodged the duct tape and it was all lost, very tragic

>>25894189
might die* the first night

>>25894333

>The dollar must die in our lifetimes for your comments to be truly useful. If you fully allocate to a dollar destruction and it doesn't implode, any dollar strength surge will potentially wipe you out or force you to sell you assets at a low price to meet whatever other expenses you have.

There is no possibility of dollar strength. There cannot be a strong dollar unless yields go up again. Yields can never go up again. A 3% yield crashed the market in late 2018, and forced the Fed to re-start Q. E.; all bubbles are infinitely worse now, trillions have been printed since, and even a 1.5% yield is virtually certain to crash the market. Even the present 1% is a severe danger. Yield-curve control, with corresponding enormous inflation, is the only way to keep this system propped up. And even then only for a little longer. This is not like the 80s when yields could be raised by the Fed again; they can never go up again. The bubbles are too enormous, the budget too colossal. Stocks would crash by 90%, all banks would immediately fail. It is only a matter of parabolic money printing from here onward. These are the end times for anybody who has eyes to see or ears to hear. Real unemployment is 40%, U. B. I. is coming, food and commodities are soaring, we have stagflation, riots in the streets, civil unrest. G-SIBs are on the verge of a banking crisis which could take place at any time. This is the time to get the hell out of every fiat currency with what little time remains before it is too late.

>>25894277
Is IAU unallocated as well? Out of PHYS, PSLV, IAU, GLD, and SLV, which aren’t fully allocated? This site I’m lookin at says PHYS is the way to go.

>>25894654
is this pasta? I saw this two days ago word for word in /pmg/

I inherited some family jewels, which would be nice if I didn't lose all my family.
Maybe 30-40g of 18k gold, 25-30g of silver and some watches.
I'm would like to have it all evaluated and maybe sell the gold and the watches.

Although I dunno how to go about this, here in the EU I see a lot of those GOLD2CASH!!! shops which don't look very trustworthy. Any advice?

>>25893751
>>25894130
You both sound like fags

>>25894818
those places will give you the lowest worst prices possible. Avoid. also, a few g is nothing. 31g in a ozt

>>25894739

The only ETFs which I know to be anywhere close to sound are PHYS and PSLV; GLD and SLV I categorically know to be unsound. There is no way to take delivery with GLD and SLV, whereas e. g. in the case of PSLV, it is possible to do so if you have ten 1000-ounce silver bars. Eric Sprott, Rick Rule and others endorse PHYS and PSLV. PHYS and PSLV however are the least sure way to own metal. Far better is to hold the metal in your own hand, physically. But failing that, to use something like GoldMoney or BullionVault. You might also consider mining stocks, the indices of which are GDX, SIL, for the gold or silver large-cap producers, and SILJ, GDXJ, for the gold or silver mid-cap producers. You will have to deal with more volatility there (although there is also much more leverage to the upside), but it is better to hold mining stocks than e. g. GLD.

>>25894425
I didn't know someone would be as stupid as me. Well, lesson learned. If I buy silver in future, I'll use stronger tape.

>>25894739
PHYS and CEF allow normies to take delivery, though the minimum is a london bar which is 400oz. But the fact that you yourself can take gold for your shares might be a better implication of the fund actually being physically backed.

>>25894933
PM'S ARE GREAT LUCK WHEN BOATING OR FISHING. ALWAYS BRING THEM WITH YOU

>>25894654
>There is no possibility of dollar strength
Look at the crash of 2008. Look at the relative strength of the USD in late 2019 before the Fed actions. Look at the relative strength of the USD in March 2020. Unless you have special experience or training or unless you have traded in multiple major asset bubbles, your statement doesn't have any real credibility with me.

Why are you so certain that the Fed won't allow stocks to crash when what is at risk is the loss of their money game? If the USD goes the way of the Zimbabwe dollar, all the idiots at the Fed will be out of a job and it'll be some other central bankers who get to play the game. Meanwhile, the US will no longer be able to fund military adventures overseas and the millions of people on welfare in the country will suddenly be cut off.

We are in for difficult times in America, that I will not contest. I also will not contest that the USD will lose purchasing power, perhaps a lot. However, the loss of purchasing power will be at most ~10%/year for maybe a decade. While that is terrible, that is not hyperinflation and it will almost certainly not be a straight line down. There will be better opportunities to shift cash assets into other things.

Even bonds will have their times. Don't believe me? I suspect you've been thinking the USD and bonds are going to zero for a few years now. I have made over 30% in UST bonds in the past 2+ years. Granted, there are many things that have done much better but if bonds are so terrible, how did I make that return? Did the USD lose over 30% of its purchasing power in that time span?

I am not saying holding UST bonds forever. It is ballast for a portfolio to counter (hopefully) nasty drawdowns in equities.

>>25894913
Well I'd guessed as much, can you suggest any alternative?
I know it's not much, but just having gold sitting around seems pointless.
I doubt I'll have children and if the big happening comes around I might as well just off myself anyway

>>25894425
damn bro that would suck
i live in a not so great neighborhood so i imagine one day my house will be robbed and all my stash stolen by a person with a slightly darker shade than me, so i wont bother calling the police when it happens because that would be racist.

> Mr. Sanders, an independent who caucuses with the Democrats and twice ran unsuccessfully for the party’s presidential nomination, said he would move quickly in his new role to push through a robust and deficit-financed economic stimulus package soon after President-elect Joseph R. Biden Jr. takes office.

What does this mean for /pmg/?

>>25894879
And you're the biggest faggot of all, contributing absolutely nothing of value to the conversation.

Hi anons !
I'll be a pirate at the end of the week, wish me good luck (pic of my tiny stack)

>>25895211
>placing communist Jew in charge of the budget
What could go wrong!

>>25895023

>Look at the crash of 2008. Look at the relative strength of the USD in late 2019 before the Fed actions. Look at the relative strength of the USD in March 2020.

Yes, and the common theme which you see here is that, if people believe that the Fed can normalize interest-rates again, the dollar goes up; when credibility in that proposition is lost, the dollar goes down. The Fed lied to people after the Financial Crisis of 2008, saying that Q. E. was a temporary phenomenon. It said that it would normalize the balance-sheet, and raise interest-rates again. But late 2018 proved that that notion was impossible, and they were forced to re-start Q. E. That was the time when gold began its present rise from $1200, to the recent high of $2080. The dollar spike during the March crash was the result of a temporary liquidity crisis, nothing more; since then, it has dumped, and will continue to dump.

>Why are you so certain that the Fed won't allow stocks to crash when what is at risk is the loss of their money game?

You have to understand the magnitude of what would happen if rates went up. First of all, yes, stocks would crash--not simply crash, but crash by up to 90%. That is how overvalued they are. So pensions would get wiped out. Also, almost every bank in the world would fail, with every person's money inside. Also, the budget would no longer be serviceable--all social programmes would have to be cut. People simply would not stand for any of this. There is no turning back for the Fed now even if they wanted to do so. They will make the easier choice to inflate and keep printing, because the only alternate is a catastrophic shock which would cause the population to rise up in a violent revolution. People are already demanding U. B. I. as a matter of course.

(1/2)

afternoon guys, how we doing today? Its been a wet and miserable time out here.

>>25895023
Allowing the stock market to crash would bankrupt pension funds, including those of countless retired government employees. This would obviously create a lot of anger, especially from gov retirees, who may or may not have insider knowledge of how to disrupt gov operations, supply chain, military, law enforcement, etc. Pension funds becoming insolvent would be a death knell for the US.

>>25881480
I have a silver maple that I carry around while doing food delivery.

>>25895585
Snowy where I live. I wonder, does outdoors work get boring sometimes? I kinda hate working from home, feels like I'm closed iside a cell.

>>25895023
>>25895562

>However, the loss of purchasing power will be at most ~10%/year for maybe a decade.

We have already had 10% inflation per annum for the past ten years. See ShadowStats and the Chapwood Index, which, unlike the government, do not lie. Now look at the present rate of money-printing >>25894130, and also what is happening to the prices of food and commodities. >>25894654 Observe the remarkable correlation. Annualised monetary inflation now at 65%, meanwhile lumber is up 86%, copper 52%, oil 94%. And this inflation can only get worse, not better, because if even the trillions which the Fed has already printed can't stop yields from going up (as they are doing so now), then the Fed will probably need tens of trillions when it expands Q. E. from its present $120 billion per month, and institutes yield-curve control.

>I suspect you've been thinking the USD and bonds are going to zero for a few years now.

No. I didn't have a penny in mining stocks, and had only a moderate position in precious metals until this year. I have been patiently waiting for this moment for many years. When the March crash happened I went all in. What makes the present different from the past is that real yields are negative, and can never go up again. The debt-trap is now inextricable, and the money-printing necessarily parabolic. This is not the old system any more. This _is_ the end of all things. Somebody who owns bonds is taking a risk that, at any moment, every penny which he has in them can go to zero.

(2/2)

>>25895587
It's not clear to me how allowing the USD to go to zero would satisfy the people on a pension. Even in a hyperinflation, overpriced stocks lose purchasing power and it is practically impossible for the USD to see a hyperinflation in the short term.

There is a way to save the pensions, too. The Fed tells them, sotto voce, to buy a lot of Treasuries and minimize equities exposure. The Fed then crashes the markets and the pensions buy equities at a lower price. Pension crisis somewhat averted and the average working American gets the shaft. Problem solved, now on to blowing the next bubble.

>>25895683
I love being outdoors most of the time, but lately its just been bucketing down rain and making my life hard. Underground when its raining on surface quickly becomes a boggy mess.

>>25895762

>until this year.

P. S. For "this year" please read "last year" (still instinctively thinking it's 2020).

>>25895211
most likely further government spending on worthless programs

>>25887034
Just hold onto your 1981 and before pennies then.

>>25881480
I keep a 1937 Aussie crown with me. I clean it from time to time despite knowing I shouldn't, not like I'm ever gonna sell it.

>>25894333
>Money supply can be reduced
..............................
Just like the income tax?

>>25895783
If you consider that a problem solved, I’m not sure what to tell you. That would lead to violent rebellion and civil war. There is no good answer, but your proposition would be just as damaging collectively as anything else on the table.

>>25895211
Honestly, in this clown world of ours, I can only expect chairman Sanders to enact the following measures:

No further raising of the debt ceiling
Federal spending to be reigned in
A push towards a gold standard for the US dollar
Reopening of the economy
Abolishing the FED

Because nothing makes sense anymore, so if we live in a dream why not make it big?

>>25895886
You know you can deface pennies or game tokens slightly if you want to make your own copper rounds. They won't look professional, but I don't think that matters.

is that '14 oz of silver to make it post-crash' schizo still posting in /pmg/s?

>>25895795
That's great, the first part I mean hehe. Ground freeze thawing and rain combo must be PITA during exploration. Especially when it comes to moving equipment I imagine.

>>25895762
European banks still haven't figured a way out of the hole they dug since 2008. Now the bank of banks has dug the same hole. Our monetary policy is at the "here be dragons" part of the map now.

I'm pretty convinced the stock market is going to crash in the next 3-5 weeks if the fed doesn't announce larger purchases. The intraday spike on 10 & 30 year yields was too much. If that wasn't the fed stepping in today, it was speculators betting on what I'm saying. 1.2% 10y and 2% 30y would pop this. Which is probably why ag and base did so well today. Everyone here is already fully positioned in commodities. I think right now holding any cash savings waiting for a major crash is a good call.

>>25895762
The Chapwood Index is a complete joke. So many non-descript items that vary wildly from market to market. Cleats? Suit? What the fuck is Blackberry Service? Also their actual price measurements are so off from industry special interest group measurements you have to wonder how those smooth brains got it so wrong. At least BLS stats are thorough and much more in depth.

>>25895683
I work 2 jobs.Work from home doing IT and do food delivery.Its fun drifting in the snow while delivering in my Camaro.

>>25896076
yea its a massive pain in the neck for exploration work, the drills out here are all shut down because none of the work crews can safely drive the access roads, everythings turned to slop. Bilge pumps at Bonanza Ledge are are full blast too to keep the drifts from filling up.

O and finally to top it all off the back of the workings keep moving and setting off our seismic tech and we keep getting false cave in warnings. Lovely time right now, this time last year it was -45, now its 10 degrees.

>>25895886
dont have any lol
maybe i can buy some somewhere

>>25894189
good reason to grab at least enough PMs to fondle...

Maybe somebody here can help me out. I'm confused as to why everyone seems to be fixated on the Comex specifically. I thought "Comex" was the name of the futures market just in the US. When people say "the Comex is going to break, are they actually refering to all the global futures markets? I haven't heard anything about them, but I imagine they must be facing the same problems and dealing with them in similar ways?

>>25896224
>1 post by this ID
I don't trust anybody trying to measure inflation, but their measures are better than anyone else's when it comes to non commodity products. Go to the beer aisle and try to buy non bottom tier shit for less than 10% more than 1 year ago

>>25895991
>Abolishing the FED
>https://www.congress.gov/bill/111th-congress/senate-bill/604
>https://www.congress.gov/bill/111th-congress/house-bill/1207
Bernie used to be on this train with Ron Paul. They introduced this bill to audit the fed on both sides of congress together. I guess he was convinced the fed was a necessary tool to implement MMT

>>25896304
I could buy a Wendy's Double Stack for $1 in 2008. Today, the same Double Stack (made from fresh, never frozen beef) costs $2.49.

>>25896404
Huh, 8%/yr. Maybe we should check the change in broad money over that time? Huh, 8%/yr. WHAT A COINCIDENCE! WHO COULD HAVE POSSIBLE HAVE PREDICTED THIS

Got some nice 50% English for spot price today.

>>25896304
Was craft beer even a thing 10 years ago? Shouldn't we be comparing bottom tier shit if we're talking inflation? A can of PBR is cheaper now than a can of Coors 30 years ago.
>>25896404
Food is definitely getting more expensive. This is measured by almost all inflation indices, including from BLS. I am not challenging that inflation is happening. I only challenge what people believe and if they even understand what they are reading.

>>25896224

The Chapwood Index corresponds exactly with what John Williams finds when he calculates inflation by the old method (ShadowStats), so it must be doing something right. The government accounting for inflation is a fraud and of no value. They cheat the process to get exactly the numbers they want. The bankers must lie about inflation, because hyperinflation is mostly a psychological phenomenon; see the case of Germany, where it was not yet reflected in prices during the war, because people were so preoccupied with what was going on at the time. The bankers have been lying and saying that "Deflation" is the concern ever since gold was $300 an ounce (see my article).

>>25896272

The COMEX is a derivatives market used to manipulate the price of gold and silver. There are hundreds of "digital," fake paper ounces there for every real ounce in the COMEX vaults, and they can be dumped on the market at any time. Bart Chilton, commissioner at the CFTC, confirmed that it was a manipulated fraud just before he died. I suggest you have a look at these videos to learn more about it:

First, the aforementioned interview with Chilton:

https://www.youtube.com/watch?v=ShZrgZEq1Yo

Secondly, this short video about Andrew Maguire, who is one of the most important people in exposing the COMEX:

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

Thirdly, this interview with Craig Hemke, Eric Sprott's friend, who has been watching this for years:

https://www.youtube.com/watch?v=9EOPKizJ_Y4

Finally, this interview with Rob Kientz, an auditor, who explains exactly how the COMEX works and a great deal about its history:

https://www.youtube.com/watch?v=KyAopYlD32k

Cf. also the (token) fining of J. P. Morgan for a billion dollars recently for silver manipulation, and the fining of many other banks.

It was because the COMEX broke in the 80s that silver soared to its inflation-adjusted ATH of $800 an ounce.

>>25896526
Nice junk silver anon. 50% is a bit low tho, I prefer 90%

>>25896240
I see, so not only some jobs cannot be done now, but you also have to redirect the efforts to preserving the operation. Still, Canadian outdoors are really pretty, so I hope views and fresh air compensate it a a little bit. Good luck with the work Pan Man.

>>25896236
You mean at once? I guess you can do your IT work when stuck in traffic jam or while waiting for new delivery.

>>25895964
I am saying, "Problem solved," from the perspective of the Federal Reserve. It is not my personal opinion. I have fundamentally disagreed with all of the Fed's major actions since the dot-com bubble. Thanks to their incompetent management of the currency and its pernicious influence on the economy, we're in a terrible situation. I am merely pointing out what is a likely course of action that would be considered a success to them.

There will be no violent rebellion and civil war. When everyone gets shafted, it's more difficult to blame your neighbor. This is unlike a potential civil war between radical Democrats and conservatives, who are not necessarily Republicans. What the Democrats are proposing, at least verbally, are two sets of rules for plebes where some will lose their constitutional rights for no reason other than the fact that they think differently. There are already two sets of rules: one for the ruling elite, rich, and powerful; and one for plebes.

>>25896585
I love it all. Even got a .100 piece somewhere.

Plenty of 90% too. I found I have a full bands Roosevelt dine today too.

>>25895932
The income tax was actually reduced under Trump's presidency. (I am not necessarily saying this was good policy.) In case you're wondering how do we reduce the money supply, all the Fed has to do is cease QE. It can keep the Fed funds rate at zero. As the bonds on the Fed's balance sheet mature, the principal must be repaid with USD. Paying off the bond extinguishes both the bond and the USDs. If you feel that UST bonds cannot be sold, the Fed could continue to buy USTs but bleed off the MBS and corporate bonds on its balance sheet. It results in a reduction of the money supply.

Until the Fed just outright cancels the debts (assets) on its balance sheet or starts issuing without money good backing collateral, there will always be a disinflationary/deflationary counterbalance in the future to the inflation of today.

>>25896571
The argument for JPM manipulation of silver doesn't make sense. If all their shorts were truly naked, then they don't have the metal to deliver and must buy the expiring contracts. This bids up the price. How do you explain that contradiction?

Does anyone have the meme of stack levels. Like beggar, pirate, king, dragon, etc etc. I want to see where I am.

>>25896605
just came in for half an hour to dry out, my coveralls are completely drenched, and i had to ring my socks out lol.

>>25896756
Nice one. My junk is mostly LMU coins or francs between 1960-1975 (90% or 835silver)

>>25895083
shit dude if you're going that way then mail your stack to me. I got kids that can have it.

>>25896902
ouch, well I guess you need spare clothes more than luck now hehe

>>25896890

>>25896960
Thanks. I owe you a blowjob.

Hey guise, convince me why stacking gold and silver isnt an empty boomer metal investment like I keep hearing from /pol/

>>25896934
Sure, give me an adress and in the eventuality I decide to kick it I'll send it.

>>25896864

They scare people away with the volatility.

>>25885998

Kek, copper rounds.


Does anybody on here melt down and stockpile bricks of aluminum?


Is there a way to capture and store helium long term as our earth's natural stores deplete?


Should I dig out and install my own storage tank to long-term store high-octane gasoline while it's cheap?

>>25896960
little better than a lowly pirate atm
but soon brothers, soon.

>>25896960
Can we flesh out the description of these tiers more? I thirst for more lore

>>25897010
/pol/ is always right, so I guess we'll see ya later.

>>25897039

willtheiss007@gmail.com

>>25897060
I'm too lazy to do that now, but have fun anons. Maybe try to fill the blanks with captain, digger, prince, duke, idk whatever

>>25896605
Work from midnight-8am for my IT job and work from 5pm-8pm for food delivery.I deliver in the suburbs so no traffic

Anons, buy a comfy old case for your shiny old coins.

>>25897046
people stack copper because they think silver will be worth 1k/oz, so copper will be easier to trade. Yet they fail to think about all the copper around them. Literally pounds of it in your house.

If copper went up to just $20/oz every copper pipe in a wall would be ripped out.

>>25897068
/pol/ is /b/ tier at this point. They were always right up until like 2019 at the latest.

>>25896825
>>25896636

We seem to be talking beside rather with each other at this point, and to have made both our cases already. (e. g. you say "In case you're wondering how do we reduce the money supply, all the Fed has to do is cease QE" -- I have said why I believe that that can never happen.) So just wanted to say thank you for the discussion and I am sorry if anything I have said has come across as harsh, especially the first post which I made. That was not my intention, and I respect you as clearly an intelligent man. I only post in these threads because I care about people and I am sure that it is the same for you.

>>25897206
Sounds cool then, it's perfect condition when you can have fun doing some money on the side

>>25895023
There is literally 0% chance that government(s) and central banks(s) will allow prolonged downturn in equity markets.

They couldn't let it happen 10 years ago, and they sure as hell couldn't let it happen today.

This is what (((democracy))) gets you. Parasites - who invariably corrupt everything they touch until the entire system is a metaphysical representation of themselves.

It is far easier for them to simple print money and keep nominal prices high, meanwhile eroding real prices. By the time the general public figures it out, the wealthy will have dumped their bags and shifted their wealth into hard (real) assets, and everyone else will be bagholding the Ponzi scheme leftovers.

This has been the game plan all along. Create a entire global economy built upon a Ponzi scheme, and use the 'profits' to accumulate hard assets at depressed prices. We've lived through a period of power consolidation unlike anything ever seen before.

>>25897467
Hey I make good money while delivering.I make between 200-300$ a week while working only 3 days per week.

>>25897299
"Sorry Bob, but I'm gonna need at least 4" of 1/2" here, you're killing me with these margins, man. Have any idea how many newports I have to trade for each of these Campbells' Chicken Noodle Soups?
Shit, inflation's even taking its toll there, too; used to be three/can, now they won't take less than five.
Damn tough times I tell ya."

>>25896960
I have updated my stack rating for you

>>25897613
Let me guess, Friday evening, Saturday and Sunday? I imagine rest of the week is not too good for business.

>>25897666
checked and
wtf is FWTDWADOQA lol

>>25897690
Tuesday,Thursday and Fridays

>>25897666
Just made this, comfy edition

>>25897445
The issue of what is going to happen to the economy is a very vast topic with a lot of moving parts and, unlike a hard science such as physics, has no sure answers. It is not something that can be easily discussed in a forum such as this one since there is a lot of information that isn't said due to space and time requirements.

We can only deal with probabilities, not certainties, and these are constrained by our lifespans. Being that I do not know how long the central banks (the Fed coordinates with other CBs to make this game last far longer than it could alone) can keep this up, I use a Permanent Portfolio and recommend to others who ask me about aseet allocation. It is not optimal, of course, but an optimal allocation only occurs when you truly know the future (only God knows) or are willing to suffer the consequences of being wrong.

I think the stakes are high enough for most regular people that it is better to accept a lesser return for a better chance at not getting wiped out. I have friends who got wiped out in the dot-com crash and then got wiped out again in the housing bubble. In general, I do not want to see any honest, hard-working American destroyed by the Fed's evil bubbles.

>>25897593
>This is what (((democracy))) gets you.
Anti-Jewish sentiment aside, the current system is not democracy at all; it is plutocracy.

>>25897666
Kek nice and checked

>>25897857
you didnt even get the ratio right though.... and II know everyone wants their own special slot but going up by one OZ of gold isnt much of a bench mark.

also I made the OC so there is that.

>>25890525
too much diversified my friendo.

Sell all, go all in on shit like neometals/ABML or my personal fav, ENDR metals

>>25897967
My OCD made me do that, I want round numbers

>>25897857
I had thought it might be interesting to create a tier above the dragon level: Great Wyrm (Smaug tier).

>>25889762
Bottom of the lake. Same place I keep my guns. Sorry, I don’t remember which lake it was though.

>>25897666
nice trips and excellent update to the tier list!

>>25898032
More like Croesus or Mansa Musa (check out his pilgrimage to Mecca)

>>25893751
Ignore the guy who said you sound like a fag.

You're based and I want to have sexual relations with you

>>25897666
welp, looks like I'm just another Pirate in Satan's Army

>>25895795
Can mines be ruined by rain, or does it tend to drain out eventually?

>>25889455
There is nothing clean about the dollar.

>>25897967
Needs a 2oz, 25oz, 200oz. Takes a while for some of us to grab another $1800. Progress is more fun when it's small and incremental at first.

>>25898223
No worries fren, Im stuck at coinvivor for a while still I think

>>25898111
Nice trips yourself pan man!

Holy balls, weathers still nice here on the prairies how you been successful getting out!

>>25891461
Do your own research fag nigger.

>>25898313
well a year ago the pit on top of the underground mine here filled up with more water than the pumps could deal with and caused a failure in the back of the main haulage that wrecked a lot of utilities but other than that no, mines flood a lot in wet weather. At Dome Mountain the main adit would have a small river pouring out of it on a rainy day and we just had to work with it until a pass drain was installed lower down the mountain. Water is actually a good thing because it keeps the dust down and helps keep everything cool. So long as the main portal doesn't freeze into a skating rink that is.

Water only really sucks if your in a timbered mine instead of rock bolted or shotcreted. Wood rots really fast in wet damp environments and needs to be replaced regularly because of it. If you dont you can have all sorts of unfun things like black mold or failures which gets you into all sorts of trouble.

>>25898462
It is small and incremental at first anon, dont despair, it takes people many years if not decades to pass even the pirate tier sometimes.

Just keep at it, upper tiers are special for a raisen

>>25897918
Democracy will always lead to plutocracy. It is the system of money. It allows the wealthy to have all the power with none of the responsibility.

Private property and freedom is incompatible with democracy. That's why the founding fathers founded a constitutional republic, not a democracy.

>>25898471
wet, cold and miserable for the most part but thats fine no biggy. Work is good especially in the long winters. BGM has been a great employer this time around, love the rest of the crew and support staff. My only gripe is we cant take photos, I would love to show this place off but thats a firable offense to have a cell phone on you outside the office, I may ask the shift boss if I can take some with his permission though. Underground here is so odd with the huge older workings from the last team and the far smaller drifts this year. Also the jumbo here is ancient with a modern upgrade kit that basically does all the hard fine work its self, so I just tell the machine the basics and let it do its thing until something fails.

>>25898015
>too much diversified

eh well thats the game i'm playing. cast a net, reel it in, discard the bad fish. i'm supposed to dump aurcana and monarca according to /pmg/ and pile into dolly varden

monarca is trash clearly but aurcana is holding up despite the recent share dilution with no announcement, fucking shareholders. still holding though

i've actualy got more miners not shown. matter of fact, some of my best ones arent on here - see attached

>>25897299
I just got it because it's cool. Might be worth some pocket money later on.

>>25896552
By that I mean things that aren't natty ice and busch light. Bud/Miller light and decent larger brews like Blue Moon are what I'm referring to.
>>25897918
Yeah, like he said, that's what democracy gets you. I'm not sure where you're having trouble