/biz/ - Business & Finance

Anybody watch gold rush?

damn panman out of nowhere

Crashing this economy with no survivors

>>25988936
only if you don't have PMs

>>25988927
heading home in a sec i think my post popped up at the same time as the other guy, doesnt matter whos post it is though.

>>25988970
True post stacks frens

Did you guys know that pan man is actually Parker schanbel

>>25989017
Fuck off glownigger

>>25989017
Lost it in toilet accident.

>>25989077
>Parker schanbel
I knew it

>>25989077
If I was I would be showing off my giant washplant my dad and grandfather paid for, and my qt aussie girl friend. I ve met him a few times but I not him.

>>25989131
Yea I was watching the extended cut gold rush scenes and I noticed a lot of the same lower end equipment out back of Parker’s house. I wasn’t that surprised

Boys anyone have a chart of the U.S. dollar’s buying power over time or anything related to inflation

>>25989162
>.t

25 leaves incoming, gonna be a pirate next week

>>25989259
nah friend, if I were parker I would be in the Yukon, my regions the BC gold fields. My dog doesnt look anything like Dozer either.

Check em
Im all in LINK but my first ever investing endevour was buying silver when I was in highschool working my first job. Figure Ill start buying some silver again here and there for shits and gigs

>>25988846
Super serious question:
I just want to buy something to hold onto. I'm not profit crazy, I'm just looking for a pillow, if you will.
So, friends keep telling me GOLDGOLDGOLD but from what I've seen, if I put say 3k on silver and just hold onto it, it's not much different from 3k gold, again just holding onto it.
Am I missing something?

>>25989311
should there be something above dragon?

>>25989247

>>25988846
i missed the bouillon edition

>>25989400
Silver is more likely to moon but gold is cooler and is a much bigger flex

>>25989454
Thank you

>>25988846
story behind that cache? good lord imagine finding something like that

>>25989400
gold is more recognized as a currency and is more stable. Silver has more potential gains and is easier to come by. They both offer however, something to hold onto if things get bad. That being said holding a few Kilo bars is a lot more satisfying than holding a single gold coin.

>>25989400
why dont people just buy coils of gold and silver like that? it would literally be impossible to fake the inside like a bullion or bar or whatever because you just cut it to check, plus it would have applications in that form.

>>25989414
Pharaoh ? Great Dwarf ? Jewlord ? Idk anon, if you want to create a new tier you're free, but do it right

>>25989519
it was hidden in the basement of a roman theater next to what was probably a private bank at the time. The cache was hidden likely as a backup set of funds for the operator and were either lost or forgotten about until archeologists discovered it.

Yeah, I'm wondering why stock markets continue going up hmm. Looks like we're entering golden age! wink wink

>>25989623
all good names but I was thinking like Bullioniare, 1,000 oz of gold / 100,000 oz of silver.

>>25989546
Only thing that sucks about silver is when you run out of space in the safe

>>25989702
yeah but that has to be a shit ton

>>25989662
I can't wait until tomorrow morning. Either my miners are going to moon or faceplant and blow up on the launchpad

>>25989471
>>25989546
Thanks frens, I've got about 4k I wanna exchange so I'm trying to stay below 5% over spot. You made me feel more confidant .

>>25989773
if they do the latter I'm buying as much as I can get.

>>25989582
I don't know. I think maybe people feel better about markings and names of mints?

>>25989843
yep, though you can have something on the front that says from 9mint .999 silver or something.
I would suspect the main reason is storage issues.

any news I might have missed today? Anything interesting going on?

>>25990512
Still 0 days without jewish tricks

>>25990512
I got email from vangold with an update in newsletter. Has some hint when it will resume trade:
> El Cubo mine and mill and complete a NI 43-101 compliant PEA level study by early February 2021. This study will form part of VanGold's submission to the TSX Venture Exchange (the "TSXV") for acceptance of the Company's acquisition of El Cubo.

>>25990650
excellent! thats better luck than I ve had with Engineer mines still. Mountain Boy got back to me the same day I emailed them too!

Oh my goodness! Biden interrupting my wheel of fortune... buy buy buy buy buy buy

>>25989773
is this not miners every day?

if you had 1oz gold and 120 oz silver what would be your next purchase to keep a good ratio

>>25991114
I love copper, it makes me happy.
I like the sound of 240oz to round off

>>25990720
Just caught the dip yesterday and started a small Mountain Boy position with $600. Pan Man did you see today's Scottie release?

https://scottieresources.com/news/2021/geophysics-and-surficial-sampling-increase-the-extent-of-scottie-resources-high-grade-domino-zone/

The fact that gold doesnt get lost like bitcoin is actually a bad thing. Estimates are 1500 BTC are lost per day which is greater than the number mined. If you’re smart enough to not lose your BTC, everyone else losing BTC is good for you.

Thats fantastic news, and is basically what I was expecting from my own experience out there. I knew that glacier was hiding more surface showings, add this as well as blue berry zone and scottie is really looking good for the future. This is great news for nearby companies too like Rough Rider and Teuton Resources. They all are working on basically the same trending ore bodies.

>>25991403
How the fuck are 1500 lost a day how do they prove this? There are only 900 mined a day. So this would be insanely bullish for Bitcoin.

>>25991403
Deflationary currencies inevitably run into a problem that eventually no one ever wants to use it. Then once that is realized, you just start a new ledger and the original becomes worthless.
I am seriously of the opinion that Dogecoin is going to the moon in blow off top phase for BTC.
I am long on crypto that avoids any of those risks. Tokens are just flat out superior to brand name loyalty.

>>25990990
Maybe I should have clarified, I meant relative to the rest of the market.

>>25991457
can You and other miners dude can show folios? is Yamana good ? should I follow that sprott or sprout dude folio?

got my physical in minecraft, thinking about getting small speculative folio in miners

>>25991583
I was kidding but agreed, biden speech just ended and silver was flying during, but now is confused

Can anyone recommend online bullion dealers that take crypto, specifically eth? So far I know JMB will do orders under 3k with no KYC, and silvergoldbull doesn't do KYC as far as I can tell. Any others that you guys like to use?

Comfy with my gold and silver
I'm gonna chill all the winter

>>25991594
I ve discussed mine before but I am posting from my phone at the moment, most of what I have are long term not near gain positions, as I am not a stock trader, I buy and I hold for the long run. Eric Sprott thinks the same, he buys into companies for the long haul and builds them up into either operating projects or ones that will find a long term partner.

If your totally green to this follow the big companies and than learn how they work, than look into juniors, as they are insanely volatile.

My grandfather got me into precious metals been buying since I was 15 had multiple friends tell me it was a waste of money so happy they were wrong.

>>25991804
Yep either buy into the thesis, take your picks and don't look until the moon mission begins. Or the volatility in these manipulated commodities will drive you to make stupid trades especially in the juniors like Pan Man said.

My hands however have forged themselves last March. Ready for anything now.

>>25989400
if you buy silver, you could trade the gold:silver ratio and trade up your stack for free money. When the GSR is below 50, trade a proportional amount of your stack for gold as it goes down. When it goes above 50, do the reverse. 50% increase on your stack every 5 years or so, tax free. You continue to hold.

>>25989773
the BIS usually smashes gold on widely bullish news

>>25991846
>My grandfather got me into precious metals been buying since I was 15 had multiple friends tell me it was a waste of money so happy they were wrong.
They were simply ignorant of what real money is. Based Ron Paul was telling everyone that for years but THEY DIDN'T LISTEN

>>25991457
exciting stuff, once again thanks for the heads up! Scottie seems like a great deal around $0.21 now, might find a way to add tomorrow

>>25992026
How much minimum should I start out buying silver? I have a comfy 4k, but can go to 6 if that's better.

>>25992069
I only bought in because interest rates are trash for saving accounts / CDs

Does anyone know who supplies physical bullions to COMEX?
Why would they want to do so?

>>25991801
Comfy indeed anon

>>25992148
>Does anyone know who supplies physical bullions to COMEX?
They have a list of suppliers, it grew buy a lot in July of last year, even adding some Chinese refineries. Before then, it was rare to have new refineries registered as sources for COMEX.

>>25991114
1 oz gold, 80 oz silver

>>25989662
extend eviction/foreclosure moratorium even further? holy shit. this is just bottling up something fierce now, we have to start the process at some point. at least, i think we do. maybe not.

updated stack pic

>>25992264
Isn't that capital flight out of China?
Why would miners want to sell to these refineries if they are the very ones that get cucked in the end?

>>25989311
Pirate checking in, hoping to be a comfy coinivor before the crash

After the current crypto run takes a breather, it will be all in on PMs and commodties.

>>25992434
96 oz of .999 silver (including 15 oz of sterling .925 silver converted to .999)
.4 oz of .999 gold (2 peso coin is about .05 oz of gold)

>>25992434
nice stack Anon. I like the bars with the small jewels on them.

>>25992115
the minimum to avoid state taxes where I live it's 1k

>>25989671
needs to sound more impressive, but the numbers are good

>>25992115
Minimum? 1 silver coin. Max, as much as you feel comfortable with.
I buy every month and just keep stacking.

>>25988846
I really love gold.

>>25992115
There really is no minimum you can buy, I started out by buying $100 at a time per month.

Anyone have that picture of two cartoon men? One is holding bullions while the other is holding cash?

>>25992099
Scottie will be a really cheap mine to operate too in the near future (if they get that far). infrastructure in the form of roads and power is already right next door. Underground workings are basically intact on site, camp can be installed either right at the mine, or at the existing "Juno" or "Gold" Camp sites from the 90s and milling can be done right down the road at Premier. A perfect small scale gold mine.

>>25992871
I'm in FL it's above 500

>>25992099
>>25993086
What do you guys mean, $0.21 for what?

>>25993298
not sure what your asking about?

Reminder that this part of hidden secrets of money is more relevant then ever.

https://www.youtube.com/watch?t=185&v=P4_1pwsm5LY&feature=youtu.be

>>25988846
Why are some gold coins much cheaper than others?
Shouldnt they all cost the same?

>>25993680
supply/demand

>>25993086
awesome, and their CEO Brad and his guys seem like a pretty good team in their vids, probably not the most experience but hungry

>>25993298
see pic

>>25993751
OH STOCK
I am a dumb, thank you for humoring me.

>>25993680
On top of value, there are coins people value more because of "muh collection"
Think trading cards. They're all cardboard, but some are worth way more to people.

>>25989397
Same here bud! Every month I buy:
>$1000 LINK
>$500 BTC
>$500 Silver
Comfy holds, all of them.

>>25991114
Fuck the ratio just buy whatever, the titanic is sinking and your still requesting songs off the band

>>25989454
updated

>>25991771
BullionStar is great. Bought a couple dozen ounces of gold and silver from them and also store it in their vault in Singapore. Best of all they buy and sell in crypto too.

>>25994650
People tell me that it is retarded to store gold offshore but frankly I trust Singapore to not blatantly violate property rights as that is the only thing that makes their jurisdiction a jewel in the otherwise shit-covered geography that is south east asia.

With that being said, I have around 7 ounces of gold and 45 ounces of silver. What should I purchase next to protect my purchasing power? Thinking of ordering a monster box of silver Britannias and shipping it to where I am located as a failsafe in case I can't get the gold couriered from Singapore.

>>25992115
Depends on your thesis and timeline. I believe precious metals in general will see another 25%-100% rise this year. However, there are regular and non-trivial downturns in the market, and those are good times to buy. The general starting stack is getting 100 ounces of silver, then an ounce of gold. That's about 4k right there. Don't do what I did and drop 20k on an overpriced afternoon during a seasonal high. I prefer silver kilos now, though I started with 10 oz bars, which are both highly efficient ways to stack.
As of this last red wick a week ago, I've set an alert to go off every time there's a 2%-5% drop, and then, if I want physical, pick up 10 oz or a kilo from jmbullion with BTC. If I want paper, I'll pick up some shares on a miner, like DSVMF, ESKAY, AG, HL, FSM, etc. I have enough paper bullion.
If I'm picking up calls on juniors, SLV, SILJ, or the gold analogues, once there are at least two consecutive red wicks and buy/sell pressure equalizes, I'll pick up a 3-6 month call to appreciate over the next couple weeks of recovery and sell ideally before the next dildo comes down. If my timing is off, I can still hold and I'm only out some theta before giving it another go. In theory, it's easy money. In practice, it's a little tricky, though totally doable. It's like swinging BTC/LTC.
This red dildo shows up at least once a month, and people like to blame JPM. JPM no longer holds a net short position and this is coming from HSBC, Scotia, etc. Price goes up 6% over a couple weeks, then boom 4% red dildo in a single day, rinse and repeat. No reason to spend more than you need to.
I believe this will continue until August/Sep this year, like it does every year for the past 4 decades. Seasonality is real. DCA during downturns throughout Q1 and Q2, and if you have paper, sell late Q3 and you won't be caught bagholding for 6 months waiting for prices to recover.

what's the best website to get the lastest news on new bullion products around the world?

>>25994488
USD already broke through its all time lows it's do or die now

>>25994865
To reiterate: spread out your purchases over a period of at least a few weeks, ideally over a couple months, and definitely only buy on down weeks. This market moves very slowly compared to crypto and it's taken me some getting used to.

>>25989662
oh cool, another 2 trillion dollars! considering the state is running on a deficit, i wonder how they found money...hmmmm....a real conundrum, since obviously printing money is out of the question because that would lead to inflation haha...hmm...

Just bought four of these fuckers. What other silver coins for stacking should I get now ??? Looking to extend my stack. Nothing over 30$ though. And can’t be too pricey.
Also how do I tell if the 50 Sen nip coins are legit??

>>25994387
Good analogy.

>>25993680
you're paying extra for the detail. detailed coins (1/10-1/20oz ones) work better as gifts (mainly weddings).
if it's you investing then stick to generic 1oz-2oz bullion/bars.

are silver rounds above an 1 oz worth it? The premiums seem so high

>>25995058
They found a time machine and brought it back from the future. you can't ever run out of money if you steal from people of the future.

>>25995592
They won't sell for a higher premium so if you are looking to maximize weight then steer clear unless you find a good sale somewhere. I really dislike the thinness of 1 oz coins, I realized this once I bought a 2 oz kraken, so do what makes you happy.

Kinross bros, there's been a shit-ton of insider buying, very bullish

>>25992434
What kind of bars are those with the gemeralds in them? Any specific purpose or just cool factor?

>>25995092
>What other silver coins for stacking should I get now ???
If you're wanting to complete the set of Silver coins from Fascist countries, you'll want a 1966 Spanish 100 Pesetas, they were minted in 80% Silver from 1966-1970, all dated 1966.
Italy also minted a Silver 5 leke coin for Albania when they were in control there, those can be somewhat hard to find, but are within your price range.

Are monster boxes a good price point if I can afford one? Are the premiums low?

What fractional gold coins/bars would you recommend, 2 peso coins seem to be a smart way of getting gold, but these too have risen in price by a ton.

>>25992026
Very interesting. Going to start doing this. Appears to be at $72 right now, so right in the middle.

>>25996605
20 coronas seem to be the best bet for fractional gold. They are always on sale too for some reason.

first majestic seems a bit high to buy into rn but i believe in silver so im still tempted

When I sell name brand coins will I get the same premium on them as I paid up front? I know that is up to the buyer, but is it common to get the premium when you sell is well is what I’m asking.

>>25997167
People on eBay regularly sell HIGHER than premium. It’s way too easy to rip people off on there.

>>25997167
Try to keep it 3-5% and don't go below an ounce.

>>25997167
When the shtf silver will be in the hundreds per ounce so id say so

just doubled the stack today to celebrate bidens printing, cant wait to bring it tubing on my boat this summer

https://youtu.be/ShWV-XwLSL8
When will this clown show continue?

>>25997677
Haha. Can I come with?

How dumb do you have to be to invest in shiny rocks? LOL

>>25997802

Full Blow Retarded

>>25989751
I'm at like 475 just bullion stuff and it still mostly fits in a shoebox, if I removed some of the packaging it would be nice and neat. I think my safe would need to be tiny AF to run out of room.

>>25996199
just to look cool, they're sterling silver anyway. I got them at spot price when regular silver had even more crazy premiums.

>>25991481
Wonder what a bitcoin heat death looks like

>>25997677
me to I'll bring my stack to flex on normies
>>25997913
I rest my case

>>25995796
t. monetary policy for the last 50 years

>>25998102
It blows my mind how people can't comprehend this, its almost like a "I dont think its real because I dont want it to be real" scenario, as soon as people starting spending money again we're fd

>>25997759
>>25998013
see you on the lake

>>25995092
Venezuela 5 bolivares trade for about scrap- buying them at upwards of 25, at most 26 isn't bad. You can usually get them for a bit less than that. Canada silver mint sets are sometimes a good buy. Tards will list them on ebay for below melt sometimes.

>>25998013
Post stack

>>25998259
see >>25992434

>>25996551
I paid 10.32% over spot on my Monster Box; doing some napkin math from the same site I bought from, right now, I'd be paying 15% per ASE if I bought singles.

On the other hand, I bought 100oz bars at about 5.8% over spot that same day. But I wanted to have a healthy number of ASEs just in case.

i wanna hold some gold for a few years, can be a bit lenient. buy now or wait for some price?

>>25998607
Now is a pretty good time imo, it may dip a bit further but we have already been cooling off for months now.

>>25992480

>Why would miners want to sell to these refineries if they are the very ones that get cucked in the end?

Keith Neumeyer: Miners Need To Stop Supplying the COMEX

https://www.youtube.com/watch?v=mmOkpRYjIc8

I really hope that Keith Neumeyer buys out Impact Silver so I can own First Majestic.

>>25999347
That is because they need the cash.

>>25999347
>>25999525
They can still sell to refineries that don't sell to COMEX..

Is this a good deal?
I’m fomoing too hard on silver rn.

>>25999750
That's a total of 2.5 ozt. in Silver weight. You're overpaying a bit, if your goal is to get close to spot.
These coins usually come at a premium, but you could probably do better if you wait for good deals to turn up on Ebay.

>>25994387
Unfathomably based.

Hey /pmg/, as the USA (or your homeland) sinks into the icy blackness, what is the song that the band is playing? I have to go with this piece:
>https://www.youtube.com/watch?v=YbV6MMP2kWQ

>>25999750
Buy as close to spot as you can if you're just getting started. Just find boring rounds and bars. It's all silver.

>>25999956
I mean is it really that bad of a deal if silver is going to 1000$?
>>26000251
I’ve been aCOOMullating for a while now. Less than 100oz, I think like 60oz and an oz of gold. Mostly been working the crypto/stock angle. Silver just seems too good to pass up rn especially since it could boom to a 1000$

>>26000220
hopefully this one
https://www.youtube.com/watch?v=KW5kcUUu2Ac

Stack pic for my /pmg/ friends. 100oz Silver 1oz Gold. Silver is from Monarch Precious Metals, Gold is from the Scottsdale Mint. Before I lost it in a boating accident last summer of course

>>26000220
https://www.youtube.com/watch?v=JXtujxT9rzA

Title related. In Minecraft.

I asked this last night but never got a response. Can anyone tell me what they know about Canada Nickel Company Inc. (CNC.V)? I am not to far from this location but have never really explored it. This place seems to have quite the history. Can you guys shed some light on the Crawford project?

Thanks anons.

>>26000510
sorry anon was looking at them a bit last night than passed out, let me open up their info again and I ll get back to you in a bit tonight.

>>26000408
Very unfortunate fren. Those bars are quite chunky.
>>26000387
Good image fren. Thanks for the help.
>>26000220
It is all about the moments amerifags had. They did not realize that was what was important.

>>26000510
Anon di you get this platinum coin at the pmx canada in richmond hill?

>>26000220
https://www.youtube.com/watch?v=-1NreF_nzQU&list=PL-gbC_8efdJ0GdhNYC5etcvyNFpRDQEzO&index=35

>>26000491
https://www.youtube.com/watch?v=UiiSSlws6Lw

>>26000567
Have some chunky gold. 1.17 toz

Just cashed out everything. Don't want to lose in the upcoming bog.

>>25991563
Bitcoin is highly divisible which solves that issue

>>26000220
https://www.youtube.com/watch?v=oSvfWtnVRWo

>>26000565
No worries. Thanks.

>>26000637
I bought it online through them, yes. Bought it in March on my birthday. Turns out it was literally the bottom that year on that date :)

>>26000993
Divisibility doesn't solve the issue of a deflationary currency wanting to be hoarded instead of spent.

>>26000993
>just slice the pizza into more slices and you have more pizza
Divisibility is necessary for currency, but it doesn't fix this problem. Consider the case of any collectible like a stradivarius violin. More cannot be made given the uniqueness of its construction and craftsmanship. Over time these violins may be damaged, destroyed, or lost and the result is that the remaining set can only become more and more valuable.
You can't make a currency out of those violins. They aren't divisible, which is one problem. You can't just have a part of the violin and keep the value of the wholes. But the other problem is its limited supply. No one would ever want to use it as a means to transfer value or purchase goods or services.
All crypto can be divisible. Not all of them have good solutions to the deflationary aspect of a fixed supply.

>>26001196
Ok so far everything checks out on the ore body / mining side, but I am not sure about the Net Zero project idea they have. This screams marketing gimmick for low education environmentalist types than an actual industry strategy. I am very skeptical about their waste rock C02 capture plans, that does not seem efficient or productive enough to actually work long term, again this reads like something that was meant for a popular science article rather than real environmentalism. All their other talking points are already industry / regional standards, including hydro electricity and LNG to run the operation. Do any other anons want to weigh in on this?

I see JPM is intent on giving us some more cheapies.

>>26001638

Did you buy CLF???

Massive government investment in infrastructure is a MAJOR focus of the incoming administration. You heard it tonight. Bank on it.

>>26001638
Let me guess, it will bottom at $25.20 again?

Also I think I need to buy another/bigger box for this stuff now. Fuck me, the kilo is so fun to toss between your hands and it makes a peace dollar feel like a feather. Also:

>hierarchy rules

>>25991563
>>26001225
>>26001248
surprised to see arguments against "deflationary" currency here. It's supposed to be a store of value. The supply and demand for money is controlled by interest rates; eventually rates would find a level where you don't want to hold on any longer, because you'd rather lend it out. Imagine a world where rates are based on actual productivity and aggregate demand, instead of being a fucked up mix of "risk free" + inflation + gay shit

>>26001887
Probably, they'll try to get it lower if they can, might dip below $25 for a few hours.

>>26002173
I have nothing against slightly deflationary currencies, but something like bitcoin which will eventually have 0 new production of coins and with its value massively driven by speculation seems like it will only be hoarded in hopes of the price doubling every year.

>>25988846
God I wish that were me.

Bit of BC news for you chaps!

Klondike Silver Commences Underground Drifting & Outlines Preliminary Drill Program!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2049-tsx-venture/ks/91052-klondike-silver-commences-underground-drifting-outlines-preliminary-drill-program.html


Chilean Metals Close Golden Triangle Acquisition
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1267-tsx-venture/cmx/91154-chilean-metals-close-golden-triangle-acquisition.html

Jaxon Mining Announces Results from Petrological Dating and Zircon Study at Netalzul Mountain Project (my own home turf of the Bulkley Valley)
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1469-tsx-venture/jax/91071-jaxon-announces-results-from-petrological-dating-and-zircon-study-at-netalzul-mountain-project.html

Talisker Resources Initiates 50,000m Resource Drill Out Program at the Bralorne Gold Project
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2696-tsx/tsk/91126-talisker-initiates-50-000m-resource-drill-out-program-at-the-bralorne-gold-project.html

>>26002250
Man I can't stand bitcoin, it makes almost no sense to use as an actual currency so it's just a "greater fool theory" ponzi scheme at this point. I have no idea what the price will be after it reaches 21 million coins. Could be $10k, could be $1k, who knows.

>>26002173
>surprised to see arguments against "deflationary" currency here.
A currency can be both non-fiat and non-deflationary. A deflationary currency just encourages hoarding and then it ceases to exist to serve any use as a possible currency. It is even worse because there is no real way to tell which wallets are just whales that are holding or are wallets that have been lost forever. And even more problematic because of the increasing energy use and longer times to process transactions.
There are hundreds of other cryptocurrencies and tokens out there and a lot of them deal with a lot of these limitations. BTC is brand name when its actual underlying technology is identical to Dogecoin and BSV. BSV even SHARES part of the same ledger. That is just silly.

>>26001585
>that does not seem efficient or productive enough to actually work long term
the only really efficient method is to crush the serpentine to sand and then flood it with a CO2 rich solution. Presumably the milling process will get it to the necessary size, but then they need to produce a CO2 solution which is expensive and a pain in the ass to monitor. Any excess CO2 in a solution will just try to off-gas, and if you can find a way of keeping it in solution but still available to react with the serpentine you'd have to wonder why they wouldn't just sequester the enriched solution rather than go to the trouble of reacting it and then sequestering the carbonate. Also of course the carbonate can be converted back by various acids in meteoric waters.

but hey, it's an interesting idea I suppose. Growing a bunch of weeds and then dumping it in some random stopes would be much faster and more efficient.

>>26002430
I agree, this just screams "pet project" or something similar drummed up by a university for a gimmick.

>>26002503
yeah, good on paper but seems pretty impractical at industrial scales. See this sort of thing all the time in enviro science. Fun ideas that just don't make sense at scale.

>>26000387
I would recommend if you have extra space to grow some type of grain as well due to the sheer amount of food it produces, for example a single acre of wheat makes approximately 40 bushels, a single bushel can make 42 1.5lb loaves of white bread or 90 1lb loaves of wheat bread so a single acre (which is a bit over 208ft per side) makes about 1680 white loaves or 3600 wheat loaves.

Just something to consider, according to the national wheat society (which all these stats are taken from) 1 acre can produce enough flour to feed a family of 4 for 2 years.

https://www.wheatworld.org/wheat-101/wheat-facts/

>This beautiful 1 Oz Silver coin is dedicated to the almighty social justice warrior : NPC Wojak, a world's famous meme. The coin has a beautiful colouration and comes in a case, along with its Certificate of Authenticity.
>Limited mintage to 100 pcs worldwide.

>>26002522
its almost always good intention filled grad students or lecturer types that just "know" they have the solution figured out and spend years pitching their idea to companies to try out. Saw something similar at the Huckleberry copper mine to do with ARD mitigation that cost 2 million to build but never actually operated.

>>26001638

>>26002633
Yep, I've seen dozens of pilot projects in my time in water treatment and most of them produce really good results in small batches but never get put into practice.

The one exception I've seen is wetlands mitigation of AMD. I know of a place where it's being used. It seems effective so long as the wetlands aren't disturbed, but it takes up enormous space, you can't eat anything that grows there, and presumably it'll take thousands of years to actually consume the waste. But on the plus side it only needs to be monitored a few times a year and requires nothing else labor-wise.

>>26002522
rash economy; use cubes of trash as money, everybody becomes rich. It's a gold rush.

>>26002626
How much?

>>26001905
based God That Failed reader

>>26002759
yeah, we're not far off from mining landfills for metals. Organic waste can be used as fertilizer or to run plasma furnaces that vaporize any metals in the wastestream. It's already being done, but oil is still too cheap to make it profitable.

>>26002557
well this all very old material there is the 5 acre land holding which suggest the grains. Tho I felt you could make quite a bit of grains on 1 acre.

>>25989662
It's shit like this that makes me want to dump my fucking life's savings. 122oz AG/.4oz AU here. I've been saving for a downpayment for a house, which was the only reason why I bothered saving as much as I did, and now I'm being priced out by inflation of the area I live in (unless I wanna buy a shit hut in the ghetto).

God dammit I wish I had the balls to just dump a large portion of my money into fucking anything besides money. Money just seems to be going towards an inevitable worthlessness.

>>26002855
Yeah honestly as long as you have a large garden with many sources of food you can get away with only a quarter acre really, its not good to go all in on grains anyways since the nutrition they give is limited so you'll want an extensive veggie patch regardless and not just for your own use. Personally I think for this kind of self sufficiency the best sweet spot is the 3-5 acre area, any more and it starts to get a bit too large to handle on your own.

>>26002912
if you're in the US ask your banker about FHA loans. I think you can get a $300k house with $10.5k down if your credit is average.

>>26002633
>>26002742
If you want a real laugh along those lines, look up algae to bio fuel production proposals. The idea is some species of algae can produce quite a bit of fatty acids which can then be used as the basis for conversion into an oil mixture and distilled for fuels. Even if you managed to breed some kind of mutant super algae that produced fuck tons of grease, you need acres of snaking raceways full of the stuff to convert into a fuel mixture, and then you have to use good old fashioned electricity or fossil fuels to get a a bottom reboiler to 400C or so to effect the separation. And yet these projects keep getting funding because low info morons only see "OiL fRoM pLaNtS" and not "fuck huge energy cost anyway.

>Green tech is only good for pumping and dumping on retards.

>>25979427
I stack a little copper.

>>25983794

>They report AISC of 1,350 – 1,450 USD/oz which to me sounds reasonable considering this current bull market.

WOW! That's actually STUPID high. Kinross for example has an AISC of approx 800-900. I would say AVOID.

>>25983952
There is actually a major resistance support for gold at about $1790. There's literally nothing to worry about unless gold falls below that price.

>>26002759
>trash economy
I have this Sam Hyde shirt kek

>>26002964
>if you're in the US
Even worse. I'm in California. California real estate is as bad as anyone thinks it is.

>>26002968
That was my whole complaint with the US government's biobased materials requirements.

they force contractors and purchasing agents to buy biobased materials. Ok, looks good on paper, but all those materials consumed massive amounts of ammonia fertilizers made from fossil fuels using the haber bosch process. It seems much more efficient to just use the fossil fuels directly.

but environmentalists see 'biobased' and think it's free.

>>26002988
ah yeah. I can't help with that. I own a slip in the Santa Barbara marina and that thing is worth more than my boat. It's nuts there.

>>26002982
copper is very high in premiums from what i have seen
its like 25 cents an ounce for copper but copper rounds is at 1.20$
or maybe im just looking in the wrong places

>>26003043
Honestly, I'd be content buying a fucking small house. I don't care if it's a 2 bedroom, 1 bathroom, 800sqft house. I just want that settled so I can feel more secure investing my money in larger increments.

>>25991403
>everyone else losing BTC is good for you.
If too many people lose their Bitcoins, Bitcoins will be worth essentially nothing.

>>26000510
The only thing I've heard about them and if this is true that they are a large nickel mine in Canada and they have some pretty sweet deal lined up with the Canadian government. Lol them up on junior mining network.

>>26000565
I have a question for you pan man. How is it that CCW can release news like they just did with 40,000 gpt in a drill hole and the stock doesn't budge? Real head scratcher that one.

>>26003070
well FHA can help you I'm pretty sure, but I'm guessing you're going to be putting $30k down on something that costs almost a million. Then you gotta come up with mortgage payments. On the plus side if you can swing it you can pay a house off and retire wealthy anywhere in the world.

>>26003061
I know nothing about copper stacking, but some quick searching says you should be able to get 95% pennies for ~16% premium over copper spot price.

https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4

I'm sure there is a better way to get copper closer to spot but I have no idea how.

>>26002855
Actually I am wondering where is that from I'd like to read it, if you'd be so willing to share.

>>26001785
Lolm Democrat politicans killed US steel. All talk no action. Destruction in fact.

>>26003195
>I'm sure there is a better way to get copper closer to spot but I have no idea how.
Start a metals recycling business

>>26002742
o yes I ve seen this at work too! the naturally grown over abandoned ARD ponds are always cleaner than the more modern attempts to deal with the problem, so the regs now just say let the lower ponds green up into swamps and it works like a charm.

>>26002310
Thanks for the update. Excited to see that about Klondike.

>>26003187
It's just such a shame because I was on track to be able to buy something until the money printer started going BRRRRRRRRRRRRRRR last year. Now it seems to be going up in price in line with the rate in which I make money.

I'm not a greedy man. I just want a nice modest house for fucks sake.

>>26003195
>https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4
oh thanks anon

>>26003070
you'd have to be content with buying a house where there is little to no industry. if your looking for a tiny home in California then you'll need 500k.

>>26003070
This house meets all your requirements and despite being in a bad neighborhood will sell for a over a million and require a downpayment large enough to buy a house outright in most other states.

>>26002968
Holy shit yes the Alberta government got suckered into one of these projects but it had to do with a composing microbe instead. The whole project failed when winter came and the piles had to be manually heated to keep the poor microbes from dieing in the -40 winter weather. Utter waste of time.

>>26003061
Yes the premiums are ridiculous and I haven't been able to find any for close to spot. I bought a hundred bucks worth just for fun. If copper bulls then it might be worth something.

>>26003242
I hear you. I'm moderately wealthy and I couldn't afford to live there.

I've actually considered buying 52 1-week timeshares so I can just stay at resorts there or anywhere else every day of the year. Cost maybe a million dollars, Maintenance fees would be another couple thousand a month. But it's cheaper than buying a place in SoCal

>>26003173
probably because the news doesnt travel very far, and the people interested in that sub set of the market are probably also looking at other projects at the same time. They may be also skeptical of the company in some way we dont know about other than the heavy nugget effect their silver ore has.

>>26003070
Buy a trailer homem that's what I did. 70k in cash and it's fucking nice on the inside. Hardwood floors. Granite counter tops. Walk in shower. 3 bedroom two bath. Fucking love it.

>>26003318
That sucks. I guess with some of these juniors you gotta be careful cause it's easy for us to read the words "Klondike" or "CCW" over and over again and get acquainted but for normies they've never even heard of it.

>>26003173

Most juniors are trading at absurd valuations right now

See BLLG, DV, BHS, GIS, IRV

>>26003218
Yeah, funny how the old hands understood this long before the scientist types caught on
>>26003277
kek

>>26003239
likely means they have enough guys for underground work now to get the ball rolling. I cant wait to see what modern drilling can find that the old timers missed out that way. There are so many get rich quick stories from that Slocan district where companies were working for months and didnt hit fuck all for ore, than at the 11th hour find a massive strike. The Standard mine for example out that way were litterally on the last shift and the boys fired 9 rounds instead of the usual 2 in that final night, and doing so hit a vein of galena 90% silver over 20m wide and a full km long.

>>26003377
This happens all the time too with industry types too, they get fixated on their favorite little pet projects and than ignore new interesting projects until they hear about them through another.

What's the best way to sell metals and turn a profit? I see people use reddit and ebay, but the prices are so much higher than just buying from retailers like SDbullion. I'm holding for the long term, just need to know how (and when) to cash in if SHTF

>>26003380
Absurd as in too high or too low?

>>26003173
CCW's recent NR didn't show any new assays, it just showed an image of a new core sample with assays pending and revounted previous hits. You'll see new assay results for the previous NR sometime later. As for why the markets don't move it's probably because people are not convinced the company is able to mine their deposit economically. I'm not convinced at least

>>26003496
ebay and paypal take about 15% of your sale + postage. So you'll get a higher sale price there but overhead kills the advantage.

If you're just selling quick most pawn shops and coin stores will give you very close to spot.

>one chance at life
>Canadian
>will probably die getting drafted into a useless war because overlords Biden and Trudeau said so
>if I live I get $10 million Leafbux™ digital currency, enough for a month's rent in my majority Chinese city

>>26003540
I agree, at the moment the drill results are promising (last time I looked) but unless they hit more of that fantastic native silver material they wont be able to make a go at actually mining it I fear. And whats worse is with ore like that, they could miss a massive blob of amazing high grade ore by a few inches and never see it in the core, unless they did larger diameter core and more holes, but that gets expensive fast.

>>26003627
the biggest problem is that the deposit is nuggety as hell and at over 500m depth, drilling that far down and coming up with nothing is expensive and investors will get frustrated waiting for results to come out all the time

>>26003700
yep same problem the Barkerville Gold Project had for a while until they changed the size of the drill core and hyper focused each hole. Before doing this the core was coming back basically barren in most places and the investors were panicking. Sprott ordered the geos to rethink how the drill program was and they started getting fantastic and repeatable results afterwords. Your right too that at depth like that it gets really expensive fast, and having blank holes is not what corporate or investors want to see.

>>26003242
>>26003317

>>26003922
Shit like this legitimately terrifies me.

>>26003961
you and me both. It's all I think about now

>>26003922
I'M GONNA RESOOOOOOT!
https://www.bitchute.com/video/EOKMqNIKN6DI

>>26003922
If you ever get rich you'll find you don't really want to own much of anything anyways. You start renting anything and everything. You clear out shitloads of clutter. You don't define yourself by what you visibly own and you pretty much never see cash. Everything you 'own' becomes invisible numbers on a computer somewhere, or words on a deed in some dusty cabinet.

it's actually pretty zen. Aside from being able to do pretty much whatever you like whenever you like, you start to live a lot like a homeless person or a buddhist monk.

>>26004103
That's not real wealth this is

>>26004065
REBOOOOOOT might be better but still good meme

>>26004191
>That's not real wealth this is
I agree if you're young and healthy enough to do it. Kinda sucks that most people can't afford it until they're far too old to pull it off.

but it is a beautiful way to live. True wealth.

>>26004103
ok Schwab

>>26004103
You're missing the point. There's nothing wrong with rejecting consumerism, but the WEF is only using that as an excuse to push for greater control over your life. A pathetic existence depending on the government and megacorps for everything you need doesn't sound very zen to me.

So is there any reason why APMEX isnt on the list of dealers?

>>26004227
Yeah that's understandable. Nowadays we're all living somewhat ascetically like zen buddhist monks, rich or poor (except ultrarich) Here's a better resolution I thought I found the best when I originally saved but I guess not

>>26004320
>A pathetic existence depending on the government and megacorps for everything you need doesn't sound very zen to me.
really depends how good the life is and how much work you have to put in to get it.

communism has never worked, not once. It's not going to magically work if they try it now. It's not the end of the world, it's just not going to work.

>>26004360
I like her pink cricket. I taught my kids to shoot and handle a gun as soon as they could walk.

>>26003922
this fucking video is one of the most sinister visuals I ve ever seen, and whats so much worse is people are so programmed to ignore "conspiracy" shit that they wont look at it.
>mfw I am going to have to find somewhere in the middle of no where to outlive this.

>>26003519

Low. All those stocks were highly undervalued even when they were 30% higher than they are right now.

Alright pan man. I've seen you mention Scottie several times over this last few months and I finally pulled up their website and looked at their investor presentation and I'm in. I'll be buying tomorrow.

>>26004679
When are we gonna get our nut though? That's the question.

>>26003043
>I own a slip in the Santa Barbara marina
I live in SB and Jesus Christ I can only imagine what that’s worth. NPR even had a podcast that focused on the SB harbor and how expensive it is to get a spot

>>26004696
I think there one of the best positioned juniors in BC, better than Dolly Varden and even Skeena to some regards. Being situated so close to the existing near term Premier mine and its mill as well as infrastructure really seals the deal. Technically they could start mining asap with the existing known ore body, but doing this exploration work extending the known reserves all while Ascot Resources finalizes their own project is perfect.

>>26004668
https://twitter.com/disclosetv/status/1349895862617571330

>>26004747
No debt either.

>>26004732
I bought it 20 years ago, it's done nothing but go up.

I used to own one of the 5 liveaboard permits in the harbor but I sold it for a third of a million dollars a couple years back.

>>26004758
>bill gates is going to end up as a techno feudal lord

fuck me this worlds gone batty, I knew wealthy actors were buying up properties and ranch lands in northern bc like crazy but this is new.

>>26004784
>5 liveaboard permits in the harbor
damn, only that many?

Gonna drop $100CAD on some junk silver tomorrow and maybe a few hundred on BTC or LINK. Canada is definitely the most economically precarious of all the white countries right now

>>26004829
yeah, last time I saw a count. The person I sold it to flipped it for half a million less than a year later. Wouldn't surprise me if they're worth over a mil now. I needed the cash though so whatever.

>>26004720

Unless they are seriously underforming SILJ (by 20% or more relative to the day they bought) then people need to stop obsessing about the daily price-movement of mining stocks. Almost all of them are severely depleted in price; even the producers need to more than double to reach fair value. Many trading at 1-4x cash flow. Nothing matters until silver goes over $30. Then you will see the miners quickly soar and catch up not merely to fair value relative to today's silver prices but to the new silver price. Most investors are simply waiting for confirmation that the silver bull market is real, and that silver isn't sinking down to the sub-$20 suppression-range again.

>>26004409
I hate to break it to you but we're already living in a capitalist communist anarcho-tyrannical technocratic state

>>26004963
What comes next probably won't be communism, or at least not anything like the WEF envisions. Our economy is unsustainable, we're headed for the simulation. If we're not there already.

>>26004927
What cash flow trade ratio do you look for with mining companies? Is high or low better? What is the average?

>>26004915
>I needed the cash though so whatever.
just how many dragon dildos do you need....

>>26005081

10x is historically normal for a strong mining company, 30x is a number which you often see in miner bull markets (even for small producers, e. g. Starcore went 29x last time). So a lot of these microcap producers which are trading at 1x cash flow or projected cash flow (BHS, Vangold, Starcore) already need to go 30x relative to their current mcap; then take into account the leverage which rising silver prices afford and you will see why many miners will be going 100s or 1000s of x at $100+ silver.

>>26005027
It's not that it's unsustainable, it's too difficult to centrally control. Like you said, we're headed for some sort of ready player one blade runner world.

>>26005204

Another picture to indicate how early we are. Silver needs to go 34x to reach its 1980 inflation-adjusted ATH ($850). $30 silver is the next step, we simply need that confirmation to get investors confident again that this really is a PM bull market.

>>26005204
>>26005309
Just hope you have time to realize those gains. USD isn't looking so hot >>25995041

How are you guys doing? What'd you guys get this week. For me it's another gold chain and a roll of silver. Thinking about grabbing an ounce of gold tomorrow, got one of those gut feelings.

>>26005346

If the USD crashed to zero it would make mining stocks infinitely more valuable, not less so.

>>26005465
I am thinking that right after the collapse anything tied to big corporate would eat dirt right away, than quietly rebound after the initial shock wore off.

Can I cash sprotts products out into something that isn’t the dollar? If the dollar eats shit, does my PHYS or whichever product I choose still retain good value, or does it go to nohing with the dollar? What makes it different than gold in the hand other than the principle of “if you can’t hold it you don’t own it”?

>>26005820
The difference really is that with ETFs you are trusting a third party that they actually own the gold that they say that they own. Historically it has not been wise to trust third parties because time and time again they have started to scam people because there is profit to be made. By scam I mean, not having 1:1 backing at all times and then if bank run happens you will not get back what you think you have. As long as PHYS actually has the gold then even if shit hit the fan it should have to same price as physical gold denominated in whatever currency.

>>26005820
If the ETFs have been scamming people and don't have it fully backed by physical gold then if people start requesting their gold not everyone will get it and some are left with worthless claim on gold that never existed.

>>26005419
Those ASEs? You know what kinda gold you’re getting?
>just bought two 1/10 oz AGEs, two 2021 ASEs, and two reichsmarks

>>26005644
>Collapse
>Stocks
If the USD hyperinflated would the stock market exist? Hyperinflation is exponentially increasing bidding wars on real assets, so the prices would just keep going up. After that, there wouldn't be a stock market anymore

>>26005820

>Can I cash sprotts products out into something that isn’t the dollar?

Yes. I always provide the easy example that, when Italy changed from the libra to the euro, Italians simply cashed out their stocks into euros from then on, despite the fact that they bought them in libras. PSLV is audited and bound to a delivery mechanism (you can take delivery if you own 10 1000-ounce silver bars), so PSLV will always retain its value. There will always be a demand for PSLV, because there will always be rich people who want to collect enough shares to take delivery of silver bars, therefore you will always be able to cash it out. Government confiscation or nationalization is sole concern.

>>26005896
>>26005936

PHYS and PSLV are not like the GLD and SLV frauds, where nobody is able to take delivery, auditing is poor, and the banks are able to settle in cash. PHYS and PSLV are the soundest ways to buy gold and silver on the stock market. The Perth Mint used to have an ETF where you could take delivery too, but Goldman Sachs recently bought it and removed the delivery mechanism (so it is now another fraud, and probably simply a raid to replenish the rapidly emptying COMEX).

https://www.sprottmoney.com/blog/goldman-Signals-gold-Rally-Ahead-David-Brady-Dec-16-2020

I just ran the numbers out of curiosity. To set a 5% interest rate with $30 trillion in debt, the US would have to pay over a trillion dollars a year, or about 1/3 of all tax revenues. Even at 2% that's still half a trillion a year, 15% of revenues. We are so utterly, unbelievably fucked it's difficult to comprehend.

>>26006151
I dont honestly know what would happen. I dont have the info to even begin to think how things really go after the USD fails. I am heading off to bed anyway. Night all!

>>26006144
>ASE's
Naw I just got a roll of generics. Ill probably buy an ounce Krugerand. I love the way they look but I don't own one yet. I already have a Gold Eagle and a Mapleleaf.

>>26006151

>If the USD hyperinflated would the stock market exist?

Yes, it would. The German stock exchange didn't disappear after the Weimar hyperinflation, nor (conversely) did the American stock exchange disappear after the Great Depression "hyperdeflation" (so to speak). So our precedents for two different kinds of economic collapse show that stock markets don't simply disappear. In fact, people like Hugo Stinnes, the "inflation king," made a fortune in Weimar Germany by buying assets during the hyperinflation crisis.

https://en.wikipedia.org/wiki/Hugo_Stinnes

>>25988846
Should I open my silver bars out of their vac packs bros? Does it negatively affect value?

>>26006247
>Krugerand
Nice choice, my goal is to get a Krug this year

>>26006180
>PHYS and PSLV are not like the GLD and SLV frauds
I was not claiming they were. Just wanted to point out the general risks of owning "paper gold" in contrast to holding physical gold in your own possession. Even the fact that something is redeemable does not guarantee that is not in fact fractionally reserved. Because generally the risk of bank runs is extremely small and only a very tiny percent of people invested ever ask for physical delivery. All paper gold are claims on real gold and one should be aware of that when selecting the investment vehicle.

>>26006180
So sprotts products should be as safe as physical? They grow and shrink with gold and silver prices near the same rate as well? I’m trying to escape the dollar, bonds, and these crazy overpriced stocks. Do you know if the tell me something like I own 50 oz of gold or whatever that will scale with all world currencies?

>>26006288
I hate South Africa and an anon convinced me that by buying their physical wealth I will help lead to their inevitable collapse. He convinced me. I wish I took a screenshot.

>>26006185

Thank you for making this point. The size of the debt and the budget is one aspect of why interest-rates can never go up again. The other aspect is that assets are in such a bubble--houses at 8x earnings, stocks even more so (30x forward earnings)--that even a 1.5% yield would now crash them into oblivion, because it would offer too great a rate of risk-free return. Quite as we saw a 3% nominal yield crash the market in late 2018, when things were in far less of a bubble than they are now.

>>26006334

>So sprotts products should be as safe as physical?

This is how I'd rate the Sprott products on a scale of best to worst ways of owning metal:

1) Physical in your own hand
2) Registered bullion which you own in a vault
3) Allocated bullion which you own in a vault (GoldMoney, Kinesis, BullionVault)
4) PHYS and PSLV

PHYS and PLSV are the lest best way to own bullion, but they are infinitely better than having nothing, or buying unallocated frauds like GLD and SLV.

>>26006355
>I hate South Africa
Hot take

>>26006355
Diplahmahtic eemuneety

>>26006334

>Do you know if the tell me something like I own 50 oz of gold or whatever that will scale with all world currencies?

Forgot to answer this. Gold will scale with any new currency which any government is able to issue after the dollar dies. Because currencies will then only have value insomuch as they are backed with, i. e. redeemable into, gold or silver. If you own 30 ounces of gold, you are in the top 1% of gold-owners. Somebody who owns 30 ounces of gold will stand in the top 1% of the world's wealthiest people after the death of fiat.

>>26005346
Is there a way you can sell stocks into a different currency? It's an asset that I own correct? Couldn't I sell it to someone who wanted to pay with another currency?

>>26004696
I read an article saying they are 'burning through cash'
Shouldn't that raise concerns?

>>26006334

Forgot to answer a couple of questions:

>Do you know if the tell me something like I own 50 oz of gold or whatever that will scale with all world currencies?

Gold will scale with any new currency which any government is able to issue after the dollar dies. Because currencies will then only have value insofar as they are backed by, i. e. redeemable into, gold or silver. If you own 30 ounces of gold, you are presently in the top 1% of gold-owners. Somebody who owns those 30 ounces of gold will stand in the top 1% of the world's wealthiest people after the death of fiat.

>So sprotts products should be as safe as physical?

If you don't want to put all your eggs in one basket with Sprott's products, consider buying mining stocks. The index for the large-cap gold miners is the GDX. It contains dozens of different gold-mining companies, so it is safely diversified. One of its largest components is Barrick Gold, formerly called Homestake Mining. Homestake went 5x during the Great Depression, even though that was a deflationary, not an inflationary event.

>>26006180
You gave me this reply all the way back in August when I had the same question. I recognize you. Very thankful for your consistent help and patience. You are changing people's lives whether we make it or not. Thank you.

>>26006185
That sounds approximately like a debt to gdp ratio of about 100-125% which is where we are now, which is worse than Venezuela if I recall. Interesting times.

>>26006723
This has been extremely useful. I think I am going to figure out with my cpa about tax options with each of those 4 buying scenarios you listed, ranking metal in hand as highest tier. You gave me some great questions to ask him.

>>26006412
So what exactly is risk free return and how would that crash the market?

>>26006723
I thought top 1% of gold was far less than that. It's 60 oz for silver

>>26006249
From wikipedia:
>"Stinnes used his access to hard foreign currency during the period of inflation in the Weimar Republic to borrow vast sums in Reichmarks, repaying the loans with nearly worthless currency later. This earned him the title of "Inflationskönig" (Inflation King)."
Hardly something the common man can do through the stock market
>"Stinnes died in Berlin as a result of a gall bladder operation. Although his financial empire held some 4500 companies and 3000 manufacturing plants, it collapsed within a year of his death."

https://www.britannica.com/biography/Hugo-Stinnes
Seems like most of his profits were generated from consolidating previous wealth and monopolizing industrial processes. During the hyperinflation he bought up a bunch of worthless newspapers and advocated for altering labor standards to increase efficiency and productivity. Sounds a lot like Jeff Bezos of our day, consolidating massive warehouse distribution and transportation infrastructure and vertically integrating every part of the process until Amazon is a monopoly like it is today. Not to mention Jeff Bezos also recently bought Washington Post

>https://twitter.com/JrMiningNetwork/status/1349842289624031232
>Americas Gold and Silver Announces C$25.0 Million Bought Deal Financing
Just avoid the greedy shitheads and look for good properties with good management. USAS is garbage

>>26006745

Thank you very much for your kind words. >>26006832 The reason why we have all these enormous asset-bubbles in the first place is suppressed interest-rates (or yields). When the bankers use Q. E. to make bonds to pay a negative, or 0.5%, or 1% yield, they make bonds deeply unappealing to investors, and force them to seek for alternatives. Hence they rush into stocks or houses instead. The trouble is that, if the bankers lose control over the yield, all the bubbles start to crash, because people begin to see bonds as appealing again. Stop-losses get triggered, and it turns into an avalanche of selling. This is what we saw in late 2018 and early 2020 before the bankers injected more Q. E. into the system. So the bankers have absolutely no alternative but to keep printing the currency into oblivion.

>>26006859

Silver is a lot rarer than gold. There are almost no stockpiles of silver, because most of it is consumed in industry, whereas most gold is not consumed. This is why some people think that the GSR might go back not merely to 1:15 but even 1:3 or 1:1 or in the wildest conceivable fantasies 2:1 (2 ounces of gold for 1 ounce of silver).

>>26006823

Thank you, you're welcome.

>>26006685
probably based on this >>26006180

>>26007084
How should I split my gold and silver investment? I have seen 30% silver 70% gold money wise and I have seen 1 oz gold to 100 oz silver

>>26007202

Your allocation of gold vs silver vs mining stocks depends on your desire for safety vs your desire for leverage. Gold is the safest thing to own, and will crash the least if this isn't a real PM bull market. But it will also go up the least. Less safe but more leveraged is silver, then large-cap mining stocks, then junior mining-stocks. So in order of least dangerous, least leveraged to most dangerous, most leveraged PM assets, we have:

Physical gold
Physical silver
Large-cap gold miners (GDX)
Large-cap silver miners (SIL)
Mid-tier gold producers (GDXJ)
Mid-tier silver producers (SILJ)
Junior small-cap miners

I own 10% gold bullion, 10% silver bullion, 5% gold junior mining stocks, 75% silver junior mining stocks. So I'm pretty much all-in on the silver investment thesis, and leveraged to the utmost degree of risk vs return. But other people might prefer to be 100% in physical gold.

>>25988846
Do ya'll have any preferences between buying Silver Eagles or Britannias? I was planning on buying more Silver Maples as their price over premium was much lower, than the two, but checking what people are actually paying for coins, it seems like Silver Maples only go for spot pretty often but Silver Eagles and Britannias go for around their premium or even above. To me it seems like buying Britannias is the smart way to go since they cost almost as little as Maples but they sell for near or above premium.

Also can anyone explain why Mexican Libertads are worth so much more over spot?

https://www.youtube.com/watch?v=KM6LJ51Xnvw
Vangold production this summer. Already have 1k in it, will probably add another 1k before April.

>>26007084
>silver is a lot rarer than gold
I understand the bullish case for silver very well but this is not true. Yes about half of silver is used in industry and half used as money (store of value). However if we talk about scarcity the mining ratio is approximately 1:8 meaning that gold is 8 times as scarce as silver in the earth's crust. Given the 1:8 mining ratio and the prevailing GSR of 1:70 I agree that silver appears undervalued compared to gold but would not go as far as saying it is "rarer" since in earths crust there is almost 10 fold the amount of silver as there is gold.

>>26007330
You deserve a metal my man. I could search the internet all day and not get this kind of advice. I feel way comfier with flat out gold, silver, and time. I don’t even dare getting into miners and producers. If I can go physical metal, I will do 1:100. Otherwise I can discuss my options as listed in>>26006412

>>26007330
>>26007515
Me again. How would you split physical gold and silver?

>>26007507

When I say that "silver is a lot rarer than gold," I am referring to above-ground stockpiles, of which there are very few. The context of the discussion was, "Why do 30 ounces of gold put you in the top 1% of gold-holders, but 60 ounces of silver in the top 1% of silver-holders, despite the fact that 30 ounces of gold = $55,500, but 60 ounces of silver = $1,500." I agree about the mining ratio, which is why I think that these ideas of a 2:1 or 1:1 or 1:3 GSR are unlikely; but I think that 1:15 is a reasonable number to hope for.

>>26007515
>You deserve a metal
He deserves a higher physical metal allocation than mining stock. Imagine how bad it would feel if 4/5ths of your liquid wealth was in paper assets when a hyperinflationary collapse/revaluation to real money happens. You would look at your stack of physical and think "If I had gotten rid of my worthless paper while others still thought it had value that stack would be 5 times as big as it is".
In conclusion, that's a good choice to go with 100% gold silver and time.

>look at the 6 month graph for gold/USD on GoldPrice
>>it's so supressed, it appears to have deflated - since the fucking contracts have been actively defaulting
Dear God, I cannot wait for the economy to open again and for money to start moving. It's going to be economically cataclysmic.

>>26007515
>>26007579

Craig Hemke and Alasdair Macleod own more physical gold than physical silver. Their theory is that central banks are hoarding gold, so that gold will become the money in the end, not silver. They see silver as something to trade for gold during the interim period at the death of fiat, when it soars as "the poor man's gold," because gold is too expensive to obtain. Personally, I disagree with them, and think that silver will return to a 1:15 GSR without COMEX suppression, and might even be re-monetized by many different governments (Latin American countries, Poland, India, etc.). That is why most of my investments are in junior silver miners.

https://goldsilver.com/blog/the-potential-looming-catalyst-for-silver-no-one-sees-coming/

>>26007615
Fine I get your point but your previous message could be misinterpreted very easily into thinking that silver is more scarce in nature. I agree that we'll most likely be headed to somewhere around 1:15 or 1:20 GSR but it will obviously take a long time to get there. Things like 1:1 GSR are really just schizo theories in my mind similar to crypto moonboi theories that XRP will go to 2000 end of year of something crazy. Even if the GSR reverts to 1:20 there'll be plenty of profits for silver investors.

>>26007801

1:1 GSR was the ratio in ancient Egypt, and 1:3 was the ratio in mediaeval times and the Renaissance, so it isn't inconceivable to return to it. And if we see silver re-monetized again, who knows what will happen. There are theories that most of the easily-mined silver has now been depleted, because silver is what is called "epithermal" (Andy Schectman talks a lot about this). Join that consideration with the modern industrial uses of silver which did not exist in the past, and the scarcity of the metal in any stockpiles, and I am open to the idea of anything happening to the price. But yes, even a 1:15 GSR would make any silver investor so unimaginably rich that it doesn't really matter past that point.

>>26007729
What would your gold and silver split be for a 65 year old boomer who doesn’t know shit and thinks the country is collapsing?

>>26007914

Think of it this way, every ounce of gold you own is _guaranteed_ to preserve and magnify your wealth. That is a _100%_ certainty if fiat collapses. You might want to get some silver coins for bartering with people, but gold _will_ be a safe haven. So it is categorically impossible to go wrong with gold. If you want to take a little more risk for more reward with 10%, 20%, etc., of your cash, then buy so much silver instead. On that basis, the amount of silver you buy is entirely up to you.

>>26007993
How would you recommend getting decent silver coins? I would buy a good bit just to balance my stack once I get in.

>>26008277

I'm not an American but there will be a lot people you can ask in the next /pmg/ thread who will tell you the best dealers and the best coins. So-called "junk" silver or pre-1965 coinage is best, because it is the most difficult to counterfeit.

>>26008331

By the way, so far as I know, the best dealers in the U. S. are JM Bullion or, if you are willing to deal over the telephone, Miles Franklin.

>>26007880
I'm somewhat skeptical of returning to anywhere near 3:1 because of this video https://youtu.be/qgXOlcOzI3Q?t=740 but i do think it's pretty heavily undervalued so my stack is over 15:1 silver:gold

>>26003196
John Seymour's Handbook Of Self Sufficiency.

Though I personally prefer Carla Emery's Encyclopedia Of Country Living as it goes into faaaar more detail on everything.

Old editions are available as pdfs online and are easy to find.