/biz/ - Business & Finance

>>27436819
First for

>>27436819

Didn't get too much attention in the last thread so will just repeat it at the start of this one. The COMEX just now raised margin requirements by 18%. Means that they're desperate and trying to crush the price. They did the same thing to the Hunts in 1980. See "Hunt for Silver."

https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf

In 2011 they did the same thing again, and crushed silver by raising margin requirements 5 times, and then spoofing the price into oblivion. (See Chris Marcus's interview with CFTC commissioner Bart Chilton.) Raising margin requirements keeps small traders out of the market, and forces large traders to get rid of their contracts. It causes the market to be illiquid and cash poor. It gives power to the omnipotent predatory big 8 banks which are 50,000% short. Means that there are fewer people to fight back against them.

Need to get the word out to people that all this paper-price nonsense is derived from the COMEX. And educate them on what the COMEX is and the fact that silver is only so cheap because of this predatory shorting. Makes no sense for the average wage in silver to be about 1/10th of an ounce per day from the age of Pericles to that of Dickens or Henry Ford and then suddenly lose 99% of its value.

https://lenpenzo.com/blog/id47735-historical-gold-and-silver-benchmarks-for-job-wages-and-commodity-prices.html

https://www.zerohedge.com/markets/cme-hikes-silver-margins-18-paper-physical-disconnect-set-explode

https://www.theguardian.pe.ca/business/reuters/exclusive-mexican-tax-authorities-to-seek-over-500-million-from-canadas-first-majestic-547421/

> Mexico's government plans to seek more than $500 million from Canadian miner First Majestic Silver Corp in what it says are owed taxes for artificially keeping its silver prices low over the past decade, two sources told Reuters.

>Audits dating back to 2010 show that the company owes about 11 billion pesos ($534.36 million), the sources said

We're fucked bros. Sell now while you still can.

What is the latest on the silver short squeeze? Is the COMEX actually stressed, and is there even a way to tell?

>>27436932
Mexico accused of AG of manipulating metals prices so they could underpay taxes. But JPMorgan already pled guilty to that. MExico should sue JPMorgan

HOLY FUCK PANMAN, seems like bread went to shit recently.

>shills UUUU
Why would we buy this?
>because smg talk about it

ayyy lmao

DUMPING COOM COINS

>>27436819
Anyone have experience working at a mint? I'm in finance/accounting and wouldn't mind working for a mint like Scottsdale Mint. Not really sure what type of professionals they need for day to day operation though

>>27437014
nah First Majestic's been fighting the mexican government in court for ages. They will come to a settlement agreement and things will go on as normal. This happens a lot with countries trying to strong arm a company into submission.

>>27436819

>>27437125
Are they? UUUU has diluted like crazy

Defeat the COMEX final boss

>>27436819
postin ox coin

>>27437102
Welcome back BAKER!
Yes isnt it insane!

No metal left behind, post your copper stacks

>>27437082
greenhorns opinion so take it with a grain of salt the size of the state of Nevada but I honestly doubt it. Silver however will for a good long while probably be a bit more expensive per ounce due in part to the sheer demand for physical silver right now and the lack of current supply available both online and in stores.

>>27437125
The only reason why people were talking about UUUU is because they're getting into to rare earth metals and for my potential because of green new deal

>>27437182
>>27437014

They're trying to crush the short squeeze in First Majestic with fud articles, hold your positions. We'll continue to support Keith Neumeyer in refusing to supply the COMEX and make this the next Volkswagon.

>>27437182
First majestic will get out of this alive.
Posting this for continuity >>27417072
>>27437254
Yeah. 4 PMG since reddit fags are brainlets on baking breads. Back in my day. I can take a break to see nothing goes wrong. Now I come back to see everything goes to hell.

this is the start of a new age, the decade of commodities, anchor down now or be left behind

>>27437125

Buy uranium now or you will be radiated out forever

>>27436975
So the COMEX, unlike the FED, still has tricks up their sleeve? So theoretically they can continue to raise margin requirements, but for how long? What is their endgame?

I NEED MORE TI- oh thanks jews always got my back

Made a meme for you guys

Pan man. Thanks for keeping this together. Especially today.

Isn't the entire strategy of stacking supposed to be long term? It's a savings account.

How many blowjobs will this get from a formerly well to do mother and her questionably aged daughter?

>>27437232
Yeah, that's when they weren't profitable. They're debt-free, stockpiled U3O8 a la Neuymayer with silver, plus the entire uranium sector is facing a bullrun and the largest producer closed down their main mine due to COVID (CCJ). And they're exploring getting into monazite, and vanadium (which they already started to do). it's a solid company today. they went through growing pains and the uranium bull market was hard on a lot of other miners as well.

I know GPL rode the general wave today (which was great to see, I'm not complaining), but a lot of this silver squeeze shit has me thinking it's just going to be a PnD like GME, AMC and the other memes that have caused a lot of normies to FOMO their live savings into something they don't quite understand and wind up regretful.

I have been shilling some close friends on how to invest in metals for some time now and know I'm still leading them down the right path. Don't want them buying high if that makes sense. On the other hand, everything that's been going on has all the fundamentals for building a huge bull case for stacking regardless. We absolutely know a crash is right around the corner.

https://www.schiffradio.com/schiff-gold-becomes-schiff-silver/

Today on The Quintessential Boomer: Peter Schiff calls WSB "that reddit chatline thing".

>>27437088
Makes sense. How could AG even manipulate the price? They're just one miner.

>>27436819
Based PAN MAN edition. Congrats /PMG/ keep stacking

>>27437637
Its been a hard few days mate holy shit, the butchering of the OP a few times was bad but got through it. O btw the pastebin links trigger 4chans bots for some reason so we may need to change that soon.

>>27437660
Awww fuck forgot pic.

also shoutout to Pan Man & PMG Baker for keeping the breads going with all the tourists around there are multiple /pmg/'s going and I only post in either of your twos.

>>27437637
This. He's always a God send, but the last few days especially

also am I gonna make it lads? I'm getting a little concerned this isn't going to be enough after the reset.

>>27437757
I will post a substitute in the backup so you can know what to put into the next bread. It works for chan's new algos.

>>27436819
>Starting a new thread at 115 replies
I thought you were a professional, PAN MAN?

>>27437762
What’s this anon

>>27437766
Same. I don’t know whose baking bread but they suck.

>>27437753
This is clearly an accumulation over 6-8 years of consistently buying a bar/coin a week isnt it?
Tell me the truth, when did you start this dragon stack?

>>27437873
perfect thanks!

If this silver squeeze actually happens, at what point should I trade into gold?

>>27437700
/pmg/ has been around for longer than all this nonsense. look around at all the GME/AMC whatever threads. there's a reason this one is consistent. when these aren't a thing anymore, that's the end of the bullrun.

ANIME COINS WHEN

>>27437563

All they can do is keep fighting the inevitable. Silver is _the_ silver bullet to kill the New World Order. They can only completely control us if they can debase the fruits of our labour by printing infinite fiat money which _we_ choose to use. A rising silver price is a direct threat to the dollar. That's why the banks started shorting silver in the first place. But it's a vicious circle. They have doubled down on the silver shorting to such an extent that they are now 50,000% short, and silver has almost been wiped off the face of the earth and lost 99% of its historical price. They can't stop this now, it's like the GME shorting, all they can do it short it more and more because if they took the pressure off they would be destroyed. They will go to any length to fight us. They will try to delay the silver squeeze until they can implement the Great Reset and completely enslave us.

>>27436819
Y’all know shit gets recycled right. Copper for sure. Out the ass. I’m sure silver to a degree

>>27437902
was there another thread already? I saw the shit thread was still up but the last proper thread was archived. Sorry for any inconvenience.

>>27437955
20:1 or better

>>27437910
1/10 gulden with a hole in it. I’m assuming it was jewelry at one time.

>>27438076
don't listen to this newfag. that other thread is a containment zone for noobs.

>>27438044
Checked

we will win. blow these devils brains out with a silver bullet

>>27437374
Wait, wouldn't that just make physical silver that much harder to buy? For people holding why is that a bad thing? Legit question, not trying to be a jackass

>>27437931
test https://ghostbin.co/paste/vbnac

https://www.youtube.com/watch?v=tj2Y7cRxjQ0&ab_channel=CNBCTelevision [Embed]

>The Federal Mint has the capacity to make 500,000 ounces of American Silver coins A WEEK [ $15M USD at $30 an ounce ], JM Bullion sold 250,000 this weekend. ONE dealer in ONE geographic market.

>>27438044
this I am in it for the long haul at this point bear or bull market imma keep stacking just to spite the banks & nwo and because I plan to buy my house/40 acres & a mule all in silver/cash up front.

>>27438107
Silly anon, don’t you know only Merc’s are exchangeable for BJ’s from FWTDHWATQUD’s?

>>27438044
checked, this.
Everyone always asks
>how can I fight the government I'm just one person
power in numbers does surprising things.

>>27438193
Nvm I gotcha now, another post was saying COMEX was putting the squeeze on a mine and I conflated the two.

>>27438193

Keith Neumeyer of First Majestic refuses to supply the COMEX, so if the bankers can short his company into bankruptcy or at least weaken it severely that's so many more silver mines which are supplying them instead of refusing to do so.

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

>>27438044
>this timeline
based and understands-what-is-going-on-pilled

>>27438299
Maybe a handjob then.

Japanese girls have intrinsic value.

APMEX HAS LIMITED BARS FOR PRE SALE
https://www.apmex.com/category/25640/10-oz-silver-bars

>>27438331
based beyond belief lmao

Is it even worth buying more at this point? I think the ships sailed until a dip. [If there is a dip lol]

>>27438044
Brb buying more mercs.

>>27438456
not this shit again

>>27437695
How are they compared to URE? I owned both equally and EFR has crushed URE but URE has less dilution

>>27438456
Nice. I need to find some of those.

>>27438331
Based and NathanExplosionpilled

>>27438044
To your point, this would seem to make government confiscation efforts inevitable eventually. I know you've discussed this many times in these threads, but the possibility always remains.

>>27438567
we need the dealers to load up again and empty them out, PSLV bought something like 6.5 million oz of silver today lol

>>27438567
As soon as there is no more dipping, the best time to buy will always be yesterday and never tomorrow, so your best bet is to buy now.

>>27438567
Stealth accumulate locally, you have 2 weeks. Its not going to get any easier, nobody is looking to to sell their silver.

>>27438463
ASE's for presale from $42 USD/oz

>>27438351
That tool is gone. Short a silver company. We dare you

>>27438591

>>27438656
You can't I've looked everywhere. Even scoured aliexpress. The original seller was 2013silverage2013 on ebay

>>27438726
SILVERCHADS RISE UP

live in a minute
https://www.youtube.com/watch?v=6sBFI0Ms-wo

Ordered Gold Creeks and Ghost Towns, used to watch the shows as a kid...hats off to putting it in the OP

>>27438593
$URG? that's a meme penny stock. Energy Fuels just did a deal with DuPont to supply rare earths. https://seekingalpha.com/news/3643969-energy-fuels-to-enter-commercial-rare-earths-business-chemours-deal

>>27438708
>>27438709
I'm very 'eh' about buying at this high cause I bought 40ozs for $29.12 back in September 2020 and it's taken this long to get anywhere near back to where I bought in orginally.

6 million shares sold short today for $GPL.
https://fintel.io/ss/us/gpl

this shit has been held down way too long.

https://youtu.be/3N6NY_1p-BA
this guy gets it

>>27438567
There'll be a pullback I think when the moonboys catch wind of the next thing

>>27438778
>Frozen corn is $2 per lb.
>Corn futures are 2cents per lb.
Its just a mathematical arbitrage. Levered 100:1

>>27439088
The question then is, when to sell my paper ozs, so I can get back in with physical on that dip.

>>27439011
checked. smart. wait for a dip.
>>27438883
this mofo just said he holds SLV and is up 2-300% and the other guy says
>you're gonna convert that to physical?
and he goes:
>who knows.
*closed*

>>27438883
Watching, who are these guys?

>>27439088
This, just be patient and don’t get burned by FOMO

>>27438895
fantastic book and 25% of the tv show is on youtube, but the rest of the original series is now lost media. I will post a bounty for the entire series on disk if it exists.

doing my part
all i need now is gold, and i will have a little of everything

Delivery from SD Bearings today, frens! Ordered $5 of dimes (their choice) and received 49 Mercs and a Roosey. Lucky to get the Mercs, as had I chosen them specifically, it woulda been a few bucks more. Also, ordered 4 random coins (again, their choice) and received more 2020 kino Krugs. Not bad at all. Finally hit 60 oz total too. Starting to feel like IAGMI.

FRESH OC, R8 AND H8

found this little gem earlier

>>27439066
hes based and used to be an auditor for PWC and says the amount of silver claimed at jpm is absolute bullshit

>>27439275
ew is that fiat in the envelope? yikes anon.

>>27439095
>>Corn futures are 2cents per lb.
yeah cow corn which is different than sweet corn

>>27439363
The thread title underneath that one is ridiculous.

>>27439177
this. fucking retards buying SLV

>>27437700
The bullion banks that have been shorting silver have been making a lot of stready money since 2011. They will not close their positions unless the pain is too high. $30 is probably going to take a long time to properly punch through for good just as $25 was.
The higher this goes, the more desperate the remaining shorts will be. People buying physical directly or by proxy (PSLV) will win the battle especially given all the tailwinds: record money printing, record deficit spending, eternal ZIRP, asset bubbles, etc.
There will be turbulence ahead but there will be an opportunity to buy for cheaper. The premiums right now are absurd and so now just have to wait for the volatility going forward.

>>27439280
gmi bc of determination. keep stacking anon

>>27439282
tope teire :DDDddd

>>27439275
Why do you keep your shit tickets in a perfectly good envelope?

Should I buy platinum or palladium?

How long do we have until Silver starts to really blow up. I want to budget out what I can buy per month but I don't want to procrastinate and miss out.

>>27439227
Had no idea most of the show was lost, that's quite a shame...was a great series. I'll check out what is on YT - thanks. Live(d) in/around a few of the places he mentioned, so I think it will definitely be a fantastic read. Going to get out and do some panning, and search for lost mines!

Ordered 120oz AG and 1oz AU from a local dealer today, feels good man. Could have got the 20oz AG of coins and 1oz AU today but I'm in no rush since I paid anyway, gotta wait for them to mint some new 100oz bars.

>>27439054
im buying more now ty for this.

>>27439728
Silver

>>27439592
>>27439485
Call me a schitzo and tell me to take my meds, but I dont like (((them))) holding my money. You wanna squeeze silver, I'm 100% down. But I'm on the next level over here trying to squeeze everything, including cash.
My assets will never see a bankers hands. The fuck I need a bank for? Thats what me safe is for.

Why is silver dipping? Am I missing some news?

>>27440052
I'm new, but it's the nightly push down by the usual suspects as far as I understand it.

HOW DO WE STOP TARDS FROM BUYING SLV

Doing my part and buying a roll of eagles tomorrow morning locally. Already have hundreds of ounces in various us 90% silver coinage that were metal detected.

Sorry plebbit irl silverchad gets to boonk

who got into the green today?

Hold on, bros. I have an idea.
What would happen if everyone pulled all their cash?

>>27440052
itll do that
its not going to rise 100% of the time

>>27440137
Why should we stop plebbit from buying slv?

>>27440052
The spot price comes from a fake derivatives market called the COMEX. No news necessary, ignore the paper price. Physical is reaching $50 an ounce.

>>27440137
By painting it as helping Citadel, while painting alternatives as harmful.

>>27440052
/ourJews/ at the COMEX are making sure we have a couple more weeks to stack up before normie FOMO stampede

>>27438667
That's why you stack lead and brass as well.

>>27440052
Just had a huge move up, nothing goes straight up

>>27440217
Nothing.

Whats the best way to send a bank wire to APMEX right NOW?

>>27440175
>who got into the green today?
this guy

>>27440217
That's what what the silver squeeze is. Because of money printing and fractional reserve banking that wont work. There is "fractional reserve banking" for silver but they cant print real silver and mining takes forever. If everyone buys silver the banks default.

here is my small zoomer stack pmg bros

will I make it? Plan on buying more tomorrow

Rate my silver mining stock picks:

AG
SVM
PAAS
FSM
HL
CDE
WPM
MAG
EXK
SLVP
SIL
SILJ
PSLV

I'm afraid massive pump and downfall will be bad for silver in long run

Can someone please explain to me pic related. Why the fuck is GPL being shorted so often?

>>27440304
Are you sure?
What If all the silver people then turned on the banks and withdrew all their funds. Would that break the system?

>>27436975
these corrupt bastards should get the oven, looks like they want to shake out the silver newbies quickly

>>27439872
when CKNW was bought out and became Global news a huge chunk of the undigitized archive vanished and only part of the show was put on dvd, and now even those episodes are rare to find in good shape. I would kill to find the rest of the show, Bill Barlee basically did what the BC Government funded museums could not, get people to love our local history. The man was a national treasure and I wish I could have spoke to him. Go out man and do Bill proud find that gold!

>>27437975
>>27439508
This gives me at least something I can explain to them. With all the insanity going on in the broad market for everything, it's attracted the attention of normies thinking "this is my ticket out of this shithole." I told myself I'd stop stacking if silver ever reached $50 an ounce. I know it'll be ages before we see that (if I had to guess, 2023 or a year or so after once the reality of 0% interest sets in conveniently with an election year). But we know while the pumping is legitimate due to crazy demand, there's a sense of it being just a fad. I guess trying to explain that this is the most sound and secure way of investment is difficult when you have fucking reddit in the national spotlight and the general population following whatever they do blindly right now, only for 99% of them to be left holding bags. Trying to save them from themselves if that makes sense.

On the plus side, I can always say, "well it's reddit, now you know not to listen to strangers in the internet lol."

>>27440363
Oh no, desperate normies selling physical for $15/oz. What ever will we do

>>27440334
hew w0t m8

>>27436819
my grandma just found 30 oz of silver in 1 oz coins in her closet, how much is this shit worth? isn't it all sold out online right now?

>>27437433
>resim
Hello Türkfag

>>27440217
1929

>>27440225
>>27440296
thanks frens
>>27440236
that's good to know; I'll keep stacking

Anyone else been eyeballing peoples jewelry to rob?

Can i bank wire to APMEX online?

>>27440228
because it hurts out goals if plebbit buys slv

>>27440380
Its nothing. Just shareholders trying to pump it.

>>27440557
go back to africa or france

>>27440380
tempting but I am weary of penny stonks.
and on top of that, I cant do options on penny stonks. therefore we cant gamma squeeze market makers, and it has less upside.
That short-float ratio is damn good tho, kinda the only positive I see here unless you know some juicy info about the companies health

>>27440363
I think the price was coming up this year regardless of the pump. People might be bitter in the short term if they think they bought the top, but if price is higher in 6 months and they hold their physical, I think the consciousness about the market and the muscle memory of getting physical is bullish.

>>27440596
pump it by shorting it?

>>27440557
“No”

>>27440557
>Anyone else been eyeballing peoples jewelry to rob?
I haven't left my apartment in 7 months
JK.. kinda
>>27440482
youre gonna make it

>>27440596
>>27440685
http://fintel.io/ss/us/gpl what's the different between this source and yours? which one is out of date?

>>27437182
based namefag

>>27440380
I bought a bunch of cheap April calls for this, worth the gamble

>>27440557
Try that with me you'll catch some 9 mil quick

>>27440596
oh, well there we go.
remind me, what site is that? I need to bookmark it.
also, why doesnt it show ETF short-float? I tried to look up $SLV short-float and it gave me no results

>>27440491
About 850-900 USD

>>27440491
30 of those would cost you $1000 if anybody had stock.

https://www.bitchute.com/video/EOmCSJwvU48P/
>https://www.bitchute.com/video/EOmCSJwvU48P/

Learn your monetary history, anon. This full length documentary will get you up to speed quickly

>>27440448
Very interesting on the fate of the show, I had no idea. He really was quite the guy, even my grandmother was into him - one time she bought me an old bathtub plug from Sandon that has a nice nugget of galena glued in the center. Still have it! (somewhere) Thanks again for the info, and I'll for sure be hitting up a placer creek about 20 minutes away. Good times!

>>27440727
>>27440812
One is volume. One is short interest.
Volume just means swing traders were loving the volatility and jumping from long to short all day. meaningless. Short interest is all that matters

>>27436819
So as a newfag to pmg and silver, please let me know if this is a shit take.
It actually seems like the actual price of physical ag after premiums is going to continue to move away further and further from the spot price. The spot price looks like its being held artificially low with the supply/demand for physical being as unbalanced jt is right now.
Do you guys think we’ll see silver actually selling for double/tripple/quadruple the spot price or is there a mechanism that would stop this?

>>27440948
thanks for the explanation!

>>27440855
Its gone now. I literally just great panther silver short interest

>>27440328
I did it through my bank’s cellphone app. It was easy. Title the wire to “APMEX”, make sure to put your order # in the description, ezpz

>>27437714
by not selling to comex :^)

>>27440971
COMEX would be raided by dealers at paper spot to turn around and sell at physical spot. It would accelerate depletion of eligible silver on the COMEX. More registered ounces might be shifted for delivery but most of that silver is private customers that aren't going to want to part with their silver if the price is going up that much (and to sell at a lower price from what they can get on the "street')

>>27438299
this is a gay forced meme

>>27437695
What are your thoughts on DNN?

>>27440971
The current deviation from spot is only because of a shortage for silver in easily sold bullion form (coins, small bars, rounds, etc.) You can take delivery of 5x1000 oz silver bars with a futures contract (or PSLV) at spot, so the real issue is mints struggling to keep up.

>>27440862 >>27440899
thanks. I'm gonna try calling some shops nearby tomorrow, but they're probably going to lowball me.

>>27440361
Good. Holding both SIL and SILJ is somewhat redundant since you have multiple good individual miners in your portfolio. I would personally sell those and look to strengthen existing positions.

>>27440971
The idea is that someone with enough capital would take delivery from the comex paying the paper price and arbitrage it onto the retail market until the prices are more in line / the comex runs out of silver and the happening happens.

>>27440836
Jokes on you my anime tit coin will block it.

>>27439066
Started researching silver a few days ago, great resource. Good DD starter kit.

>>27441185
follow this guy for uranium picks: http://twitter.com/trader_ferg I think he may have mentioned $DNN, but I chose Energy Fuels specifically because they were based in the US. Pan Man may have some insight into DNN as he's mentioned before about the red tape with uranium mining in Canada.

>>27440357
Not bad. Keep it safe and buy a gun if youre old enough. Your pm is worthless without a way to protect it.

>>27438855
Challenge accepted

>>27441390
Not old enough to own a gun, but my dad got a few and I live with my parents, so should be fine. A gun is the first thing I am buying when I am old enough though.

>>27441180
Every general needs a few. Especially ones with unironic namefags.

>>27440836
>you'll catch some 9 mil quick
tfw youre priced out of shooting bad goys

>>27440266
thank you moshel

>>27439728
Platinum, for sure. I also like SBSW for platinum mining exposure.

>>27440971
not a bad take for a newfag. Yes, the divergence of what you are talking about would have happened anyways even if WSB never covered it due to BASIL 3. Basil 3 is the key to understanding the silver time line due to >>27441168. Even if they say they have 2000000000 oz on comex, they have a clause allowing them to settle it in cash.
I personally expected this slow ramp up to happen in april may time, but WSB accelerated it. Newfags on WSB have no idea about the COMEX rules, and will get fleeced by wallstreet since they do not follow CME rules on placing derivatives. I am now seeing a $30-34 floor being priced (including premium) on silver due to wsb, and it may go up more. However, $50 dollar silver will be the conservative base w/o wallstreet bets when june 20ish hits.

>>27441476
I want one, but I also don't want to be on the government list, but I also don't want to deal with joggers.

>>27441505
Jesus at this rate I won't even be able to afford a single round to blow my fucking brains out.

>>27441673
make a ghost gun anon, government cant track it then. They are illegal though, so do it in minecraft of course :)

>>27441188
Is there evidence that this shortage will be remedied soon enough to keep the spot from raising significantly, and the premiums from drifting away even further?

why are he celebrating black history month?
africa never developed a written language until we sailed there. how are we supposed to celebrate black history when they never had a language to record it? white people were writing texts for thousands of year. africa has no history because they were too stupid to create a language and write shit down. thats why nobody knows the history of africa

>>27441505
what site is that?

Heard this in a another thread - as the price difference between physical and spot continues what is stopping me or someone from taking out a loan, buying silver cheap from comex and then requesting delivery and flipping it? Is it simply because delivery is such a shitty process and takes too long to do?

>>27441229
I keep hearing mixed things about the paper silver actually having physical backing. So youre saying if there isnt enough physical backing the paper, we will see spot raise significantly, correct?

>>27441792
ammoseek.com

>>27441776
i mean think about it. during the american civil war, AFRICA STILL HADNT FIGURED OUT WRITTEN LANGUAGE! it wasnt until the 19th century (when we introduced it) that they began to document "black history"
WHAT ARE WE CELEBRATING?? THIS IS NO BLACK HISTORY BECAUSE THEY NEVER WROTE ANYTHING DOWN

>>27441773
The situation last March is very similar to now in terms of premiums and shortages. It will take some time for them to come back down, but the problem is this time mints were already backed up by a month before this squeeze stuff started. Maybe certain items will return to reasonable prices faster as people are able to sell back to bullion dealers, but right now everybody is in buy&hold mode.

>>27436819

I haven't seen much discussion on "why" there is a short on silver. What benefit does JPM and others have by keeping the value of silver down?

If they have the majority shares of paper silver, would they not want the price of that to rise? I don't seem to understand in what scenario a company concerned with making billions would not want their millions of shares to be worth millions? So how does suppressing the price help them?

I just don't understand how this short works. What lack of faith does JPM have in silver? That doesn't even make sense. All current and near future tech companies rely on silver to make their products and silver is finite. Clearly there is a demand. What does keeping the price low do for them?

Is getting any amount of Copper worth it bros? Its much cheaper, so ive been considering getting like 20 1/oz bullions, but no clue if its worth it or not.
Silver and Gold are very useful in electronics and such, but Copper is used the most, so I can see it being pretty useful as a smaller currency.

>>27436819
Can someone give me the point of the physical ETFs? Are these used to make money, or do you dump money in them to negate inflation?
>t. gay retarded nigger who doesn't know the boomer metals

>>27441776
You know why anon

>>27441956
The bankers use a derivatives market called the COMEX to manipulate the price of silver. 500 digital ounces of silver are traded back and forth for every real ounce held in the vaults. Equivalent to fractional reserve banking. The banks heavily short silver here. So much so that they would go bankrupt if the physical was taken delivery of. The regulators said when first setting up silver-trading on the COMEX in the 70s that the purpose was to scare off the average investor with suppression and volatility. Don’t let them beat you. Adjusted for inflation, silver should be $966 (ShadowStats).

If you buy silver, only buy either physical coins or if you do go with ETFs, PSLV. DO NOT buy SLV.

PSLV: Run by billionaire silver-bull and banker-killer Eric Sprott, fully audited and backed, with a delivery mechanism at 10,000 ounces for anybody

SLV: Scam with no proven metal, run by JP Morgan, only a few big banks have access, delivery for 500,000 ounces only if you're a big bank, can pay you out in cash in case of a default

If you can't buy PSLV then buy AG (First Majestic Silver). It's the next GME. Support the squeeze on this company which has a 30% short-float. The bankers are trying to punish CEO Keith Neumeyer, who refuses to supply the COMEX.

>there are people on /biz/ who unironically think the USD is immune from hyperinflation because reasons
I have never seen a more bullish sign for Precious metals in a long time. If this is the sort of average mouthbreather that posts on 4chan imagine what normies must thing about greenbacks.

>>27441729
Ghost guns aren't illegal in most of the USA. You can make a gun without a serial number and carry a gun without a serial number. You can't make and sell guns for profit without a (((license))) as an arms manufacturer.

>>27441859
>what is stopping me or someone from taking out a loan, buying silver cheap from comex

Unless you are one of the 12 or so banks who are authorized to take physical delivery from COMEX and you can take 500,000 ounces or more, you can't do this.

>>27441859
It takes 3-4 months at best for comex to deliver or they will give a cash equivalent after the wait time. You also have to do it on a delivery month that your strike price ends at. Please look at the comex rules to stand for delivery.

>>27441476
Federal long gun age limit is 18, anon. You are over 18 i hope...kek

>>27441965
>Yes goy, don't worry about the stock market. Focus on the guy that invented peanut butter

>>27441944
>So how does suppressing the price help them?

Cost of goods sold of paper silver: $0
Cost of goods sold of physical silver: not $0

It's far more profitable to sell infinite paper silver than it is to sell physical silver.

>>27441564
Interesting. I need to dive into this comex shit, it seems. Thx anon

>>27441476
you have to be 18 or older to post here nigger

>>27442012
I know anon, just turned 18. I technically have a pretty shitty .22LR bolt action rifle, but its not really useful past shooting rats in a barn. Long guns are expensive, I plan to buy some cool handguns when I turn 21

>>27441988
Ikr fren, and checked for happy van time.
>>27441956
read >>27441987, and SLV is run by our good friend JPM who provides cheapies by stealing money from the low int goys who invest into slv.
>>27441946
Copper is only better to buy in bulk, and do it soon anon. EV needs copper, and make sure you have a smelter to do so.

>>27441965
this is why I stack silver and never keep much money in my bank account
I am just one man fighting (((them)))
>>27442054
>yes goy, dont worry about the lockdowns and great reset. download robinhood, send them all your bank info, and buy stonks to get revenge against the evil hedgefunds

>>27441987
OK thank you, so $PSLV is reliable then? I cashed out of AMC and put some of it into that one.

is $SIVR an alternative to $PSLV if I can't get $PSLV?

>>27440557
For a split second you may have gained some silver or gold, but you'll also be left bagholding lead!

CAN WE PUSH $30 AGAIN SO I CAN DUMP MY PAPER SHARES

>>27437125
just got back from the LCS and amazingly they still had stock

>>27442185
It genuinely boggles my mind PMG Baker that we share the same board as retards who actually believe the USD is immune to hyperinflation. Do people still think the USD is back by anything or are they just in the dark/completely uninformed?

>>27431214

>>27442348
didn't mean to reply to (You) lmao

>>27442232
Yes. We've been saying this since Thursday of last week. Unlike WSB, we dont do upboats or emojis, or have popularity contests, only the best logic survives here. All logic, no emotions. Thats why I love 4chan
>>27442253
what country r u in?

>>27437702
nice lol

>>27442348
thats a neat little bar. i fomoed into a 100oz bar at a local place today. didnt budge from 3500, but my dollar/ounce average can eat this one for the team. gonna wait it out for now

Quick question to goldbugs.
I'm thinking about going down to my local coin shop tomorrow and spending about $900 on gold.
What increments should I buy? (1g, 2.5g..etc)
And what would you consider a fair price? (and spot price)

>>27440240

The problem is lereddit knows that SLV helps citadel.

The real problem is that they don't realize that you should be purchasing bullion or PSLV.

They're smart enough to know not to purchase SLV, but are unable to figure out what they should purchase. It doesn't help that the media weirdly painted WSB as the drivers behind the silver squeeze when they literally aren't. This spooked WSB and the new people there to completely write off any talk of silver. It was an effective trick.

>>27441988
USD is very resistant to dealing with the consequences of printing but its so extreme that its still felt in real estate, healthcare, child care, education, etc. Because the USD can export new dollars as a global reserve currency
I think sometime this decade that will change. Countries will be pissed off having to import inflation.
US is a universal debtor. China is a universal creditor. So odds are the pressure will build for the Yuan. Even if it wasn't for that the Euro is a threat too and its not like the US would try to go to war with all of Europe.

>>27437275
based copper poster, no one realizes that the value of copper is going to skyrocket with the increased popularity of electric cars.

>>27441223
Thanks. Which individual miners would you buy with proceeds from selling the ETFs?

>>27441944
>Keep physical silver cheap so we can use it to sell you cheap electronics.
>physical silver skyrockets, we can no longer profit from iphones and teslas

I don’t even have my first Silver bars and coins in my hands yet and I know when I hold them I won’t let go. My order got delayed 10 days now and I beat the sell out rush days before it hit.
One Kilo bar
2 Ten ounce bars
4 American Eagles coins

im financially ruined

Remember to hope that JP Morgan, our nose friend, provides cheapies by subsidizing it from low iq boomers and zoomers who buy SLV like it is their digital gold with a smack down in paper contracts.
>>27442367
They look at the USD like the cleanest whore in the whore house. They are all whores compared to the comfy traditional wifeu of silver and gold. Imagine teaching a 50-70 year old boomer that only knows that stock and bond = money and silver & gold = debt.
>>27442577
Get silver, but get gold on online websites since it seems like the shortage is only in silver.

>>27442367
guarantee you that he's a troll

>>27442597
they cant decouple the two from each other, they have just enough brain power to know that SLV is bad but SLV sounds like Silver so they dont want to touch Silver.

>>27442474
US - who knows when robinhood will relist PSLV. inb4 >robinhood i don't feel like switching brokers

Odd how fudders ignore the ever increasing demand for silver. The same people that want to go 100% renewables are trying to say metals are worthless and mining is bad

>>27442367
Here's how I've been thinking this situation is going to play out:

>Silver squeeze has been gaining momentum
>Stocks, physical, all of it ran up. Normies and moonboys keep it pumping
>They all move on to the next fad
>holdmybagslol.jpg
>99% that didn't sell in time bagholding, think it'll be forever and sell low
>2023: 0% inflation ends, ramifications of endless printing begins with milk $7 a gallon, etc.
>Silver quietly moved up the whole time, gets a other more permanent surge
>YOU HAD 5000 YEARS

I'm probably more right than I want to be. But hey, getting someone's wife for a merc dime. Buy low, amirite?

>>27441944
>What does keeping the price low do for them?

You deposit your FIAT dollars into a JP Morgan Chase branch. Say you have $10 dollars there, and you put it into a savings account.

Due to the magic of Fractional Reserve Banking, 9 of those dollars get loaned out to other people. JPM gives you 0.1% APR interest on your savings, while extorting 20-27% from the Credit Cards you're funding for them.

US Treasury Bonds are at basically negative yields compared to inflation at this time, which means that if you want to even get a bit of a return on your money, you will have to move it into the volatile stock market which funds the insane bubble we're on because there are practically no appreciating safe havens left. Your money in the stock market benefits the big banks, because they're also investment funds.

If the price of silver were a natural product of supply/demand, people would see it as a great way to store their wealth and still make some cash year over year on it in case they needed to liquidate, as the price should appreciate more than inflation. This is extremely dangerous to the banks because, of course, they need your money to fund their debt pyramid scheme. If you don't have dollars deposited, but keep your wealth in Gold or Silver or other physical assets outside of the banking system you're starving them of funds.

This is why they don't give a rat's ass about being fined 1B for market manipulation of precious metals. That's a drop in the bucket of the insane profits they're raking in by pushing the narrative that metals are volatile and poor stores of wealth, etc. They need your paper dollars in the system to survive. They have insane leverage on your money, while you don't get any benefit from their ransacking of your bank account.

It's not about the price of Gold/Silver as a profit-generator for them. They make a hell of a lot more money by keeping the prices low so that most people do not choose to move their money out of the banks.

>>27442654
were going to need another 450 million tonnes of copper every year for the next ten years by some data points. That means at least 4 new major mines opening every year to meet demand. Copper though can be easily recycled so the data is probably a little off, but were still going to need an insane amount of new copper soon.

>>27442724
>Get silver, but get gold on online websites since it seems like the shortage is only in silver.
I got silver, I got my orders in last week. I'm looking at gold now. I think we could see a BTC/alt season thing here. Where BTC (silver) pumps, then people get priced out and jump to alt coins (gold)
I wanna get ahead of the herd
>>27442780
I use RH, but im gonna switch as soon as my positions are closed. Fuck RH. wonder why they delisted PSLV

>>27442800
most really do think unironically that we will be space mining soon. Its partly due to how disconnected the population is from the resource sector. If the general population knew what it takes to make the metals for their mac book or E Bike it would be totally different.

>>27442082
More profitable than if silver was at >$1000/oz?
Doesn't make sense.

>>27442932
Thats a retarded way to think about it in the context of precious metal markets, but you're also not wrong.

>>27442932
delisted PSLV for volatility but didnt delist SLV. really activates the neurons

im wasting too much time with this bullshit

>>27442654
Probably because there's no worthwhile way to stack it except hoarding your copper pennies.

>>27442165
Mosberg 12 gauge at big 5 for like $350

https://www.cftc.gov/PressRoom/PressReleases/8360-21

People were saying AG shorters covered already, lies?

>>27442821
I think you are more right than wrong my prediction was a hard initial slapdown from JPM & Gang as they attempt to keep their shorts however after the initial slapdown the price will go down but demand for physical delivery will remain high and that will snowball out of control from there IMO.

>>27437702
So he thinks that this isn't the big runup in metals he was predicting.

>silver might break out in a year or two or five

what the fuck is he talking about?

5 fucking years?

>>27442687

Maybe? Without cheap silver electronics would go up in price huge. So then no one would purchase an iphone or a car.

Perhaps. But also people need these things regardless. Just recently, access to the internet was made a basic human right. I feel like an argument could be made to "give" everyone a government issued phone so that we can all have access to the internet. It wouldn't matter if silver was $2000/oz then, since gov contracts with manufacturers and the SLV holders would be making the profits off the gov.

mmmm nuggets

>>27441885
Only if the demand for physical delivery is greater than what they have.

>>27443200

>>27443116
He really was ahead of his time

>>27443200
thank god they are watching them closely so they dont get manipulated

>>27443005
The big bullion banks have been accumulating silver since 2010, not getting rid of it. OPEC does price fixing to secure profits. Big bullion banks do it to accumulate inventory. They still get it trouble.
I don't think it is a stretch to think of the government as being extremely disinterested in pursuing it in any great detail. The COMEX was started in part to prevent price discovery and allow for further expansion of deficits and printing.
If gold was 5000/oz which is still a fraction of what it should be if US debt was redeemable in gold than most people would be better off quitting their jobs and panning for gold in rivers and streams. A single ounce would give them what 2-3 month of their minimum wage job would.
Gold and silver are controlled to give the impression of slight inflation (good for CONSOOM narratives) but not enough that it signals the end of productive economic input being in dollars.

>>27443200
This was what cause the 30 mission to cancel today.

They also raised margin.

I'm worried bros. They might cuck us

>>27443005
Paper is free. Estimates of paper:real are in the 500:1 range.

>>27437700
PMs & commodities do well in inflationary environments, which the Fed needs to encourage lest the US drown in fiat debt. We have a very good environment for an solid silver bullrun, increasing demand (both bullion & industrial) low stock, decreasing supply, increasing scepticism of fiat, low interest rates, and ballooning equity prices. Meme hype from increased awareness of price manipulation is just the icing on the cake

>>27443004
You're right this is probably a big part of it the disconnect from reality most people have is baffling sometimes

>>27443262
there really isn't that much silver in an iPhone, the price shouldn't go up that much, the industrial demand for silver is ever increasing though, and mines can only pull so much out of the ground
>A typical iPhone is estimated to house around 0.034g of gold, 0.34g of silver, 0.015g of palladium and less than one-thousandth of a gram of platinum

>>27443433
checked and it will happen. They can not let silver leave early. Look back at >>27441564

>>27436819
Do I have to go to my specific bank to wire money to APMEX or can I do it from another? Out of state and gotta wire

>>27442865

Okay, that makes sense. But only for silver, not for gold.

Gold has steadily kept pace with inflation. A 1oz coin worth $30 in the 1920s would get you the same service that this same 1oz coin, now worth ~$2000 would get you.

So Gold can easily be seen as a good store of wealth by everyone and it doesn't seem to be suppressed at all since it's so fucking expensive.

Silver on the other hand seems to be suppressed, and your answer for why it is corroborates that. But gold doesn't fall in line with this reasoning.

>>27443223
they covered like 3% since last thursday
I think that explains the volatile aftermarket we keep seeing with $AG
>>27443018
>Thats a retarded way to think about it in the context of precious metal markets, but you're also not wrong.
the only hiccup in my logic is premiums. they keep going up and that discourages new investments. i was gonna pick up some 1g gold bars today until i saw the premium

>>27443200
OYYYYYYYYYY VEEEEYYYYYYY the goy cattle are not buying our funny money greenbacks any more its anudda shoah!

>>27443556
eCheck. Just need your account number and bank routing info. No reason to go to a branch and pay money for a wire.

I got the next bread. I miss posted in another thread.

>>27443729
This. Echeck also gets you the discount only downside is the 3-5 day hold before it ships

>>27443587
that's why were here isnt it?
trying to fix silver

>>27443798
Put goy and silver in the name

>>27443411

This makes sense. I can understand why the banks would want to suppress both gold and silver if we believe that both of their prices are supposed to be much higher.

But, like fiat, who is determining the true price of gold here? How can there be an "objective" price of an item? Who is to say it should be over 5000/oz?

>>27443307
lmao

>be landlord
>wagie tenants manage to pay me 4 months of rent at once
>use the money to buy $AG on margin
>make big gains

>>27443200
are the CFTC good guys

First small stack of silver arrived today.
Weird how happy it makes me just holding it.

Going to keep accumulating. Even if I get rugged that just means I can buy even more shiny rocks for cheaper.

>>27440430
They’ve only succeeded as exposing the spot price as irrelevant, overturning 100 years of precedent.

>>27443729
Never ordered before so I’m not eligible for echeck

>>27443200
Since when is supply and demand manipulation? I want off.

>>27444134
>Weird how happy it makes me just holding it.
the electro magnetic properties of gold and silver has an affect on the brain

>>27444134
Clink clink is the best feeling

>>27443307
He was just trying to learn how to bring down the federal reserve.

>>27444134
It really is weird how hood it feels to hold pm. It’s like you instinctively know it’s real

>>27443200
so does this mean that the short squeezed actually worked?

>>27444134
the clink silver and gold coins make when playing with them is one of my favorite things in this world and is one of the primary reasons I stack silver now. That on top of holding a piece of the Universe/The Sun/A Star that died in a supernova in order to make that piece of silver or gold in your hands. Its a piece of the cosmos in your hands.

>>27444126
Only one cftc member was anon.
https://www.youtube.com/watch?v=ShZrgZEq1Yo
https://vimeo.com/99008434
>>27444318
Especially this anon.
Any suggestion on images for the next bread are recommended anons.

>>27441505
>tfw no ammo futures to trade

>>27444394
How about a pic of a really smooth and shiny 100 ounce bar.

>>27444394
Silver + Anime butt image

>>27444394

>>27444394
I have both videos open in new tabs that I will watch/listen to tomorrow while wageslaving from my home office.

For Pic I for one really love hand poured silver bars the ripple effect from being hand poured into the mold is one of my favorite things about precious metal. Kinda reminds me of the waves in Damascus Steel.

>>27443245

See >>27443587 for an exact reason why JPM is going to do it again. These (((institutions))) have been using MSM for the longest time as well to help with the manipulating, and now it's more blatant than ever. They're literally calling anyone holding or buying GME an "financial terrorist" and pic related is being spewed. So they'll gladly take another fine for these reasons.

I don't think they realize what kind of awakening people have had the last month. It all started (I think) with that January 6th capital raid. It showed people you absolutely can rally behind something and take on the enemy in numbers. Trump was a lightening rod for energy: the lefts hatred for him and the MAGAtards zeal for him. Now all that energy has no conduit. Biden has been "business as usual" and both sides don't want it. Now they're finding ways to make (((them))) honest. But (((they))) we're never honest to begin with.

Buckle up, lads.

how much was a mercury dime worth in the 1930s? what are some things someone could of bought with one back then?

>>27443253
>5 fucking years?
Yes.

I'm sorry to burst your bubble, but precious metals are not a get rich quick scheme. This is an investment looking out into the 3-5 year time frame.

>>27443381
kek, my thoughts exactly. Thank goodness they are looking out for us by carefully scrutinizing manipulation in the silver markets.

>>27444394
>Any suggestion on images for the next bread are recommended anons.

>>27444394

>>27444134
Congratulations! It only gets comfier the more you hold.

>>27444680
I think the Illusion of the game when it comes to stock market/fiat currencies is over and people finally waking up to the fact that money printer go brrrr negatively affects the buying power of their savings.

>>27444719
10c in 1930 would have bought you two coca colas.

Poorfag here. I have an order on 4oz of silver Kangaroos I made in the AM of Monday. Should I cancel (might incur a small fee)? Or should I confirm and just hold despite the dip that will probably come?

>>27444752
>This is an investment
its more like a hedge

>>27444091
>be landlord
>be pious and forgive 2 months to each one
>open /biz because le memes
>heh doge again?, lmao fant--om? w-w-what gme?
>OH FUUUUUUUUUCK

>>27444808
something featuring a classy 1950s woman.

>>27437275
Friendly reminder that pre 81 pennies count as a stacc :3

>>27444838
hold dude hoooold

>>27444838
HODL as the saying goes. Silver will likely tank hard thanks to JPM and gang doing their thing but they cant keep it suppressed forever when demand for physical delivery is as high as it right now with current shortages.

>>27444838

>should I take possession of something with tangible value
>or not

Fucking hell Bruce buyers remorse is for pussies. Take delivery of your silver.

>>27444845
Make brain go :) in long time forward. Investament.

>>27444866
>Imagine forcing your tenants to pay in silver, and make them redpilled
>Creates tenants forever in your debt once reset hits
>infinite cashflow

>>27444680
Meant to link >>27442865 as the reason.

>>27444908
>>27444394

>>27441944

Honestly dude, to answer your question to your satisfaction requires going down a deep rabbit hole that makes certain hard to believe presuppositions about the direction of human society and who is controlling that direction and for what purpose.

> You need to know the history of money and banking, specifically starting from roughly the rise of the merchant City-Sated (Venice, Genoa), through the Age of Discovery and Age of Sail, into the modern industrial revolution, with focus on the transition from a gold standard to fiat currency.
> You need to know who was involved and why
> You need to have understanding of how fiat currency works today; how it is created and destroyed
> You need to know what the various classes of financial instruments are, with extra focus on derivatives
> Modern Politics, although it's hard to find reliable information now

Anyways, once you have a grasp on the above, you might come to the conclusion as to why keeping PM prices down is important to do.
Short answer: fiat works because most people have "Faith" in the system. Fiat money is only worth anything because collectively humanity does, it has no intrinsic value as a currency besides the fact the government says it does, and we 'elect' the government, so by extension the people say fiat has value. PMs have intrinsic value as currency. If people lose faith in the system for any reason, fiat becomes worthless as currency, and PMs value skyrockets because PMs have intrinsic value as currency. If you want fiat to remain the only viable option, the prices of metals cannot be pegged to your currency. You want to suppress the value of metals so that they do not look like an attractive alternative to the current system.
Silver is very undervalued because it's price is based on huge market manipulation, not its real fair market value. Silver has intrinsic value as currency, but also, and maybe more importantly in the future, value in its uses in industry and technology.

>>27444959
Thanks. At least I will have 4 shinys even if it's worth falls for a while or maybe just normalizes. This is all new to me. I saw GME and AMC and did now want to throw money on imaginary stonks. I prefer to have something physical to hold.

>>27444809
I like this one. Stick it to the cuck anon.
>>27445054
Maybe this

>>27437762
these coins actually look valuable

>>27436975
can you just tl:dr all that I dont feel like reading that whole pdf. also what does squeezing mean

>>27443587
>>27443998

The other side of the coin on Silver is that it has a much larger industrial footprint than Gold does. Keeping its price low artificially also helps the electronics, and many other industries as you were already discussing, so I can absolutely see a big push by some of the top electronics manufacturers to side with the banks on this. They both win. Notice how Elon Musk tweeted out every single meme stock or PND last week but hasn't said a word about the Silver squeeze. I don't blame him as a businessman, but it's telling.

Gold isn't as manipulated, I agree with you, but I still think there's plenty of suppression in the paper markets because, again, people would want to move their fiat currency into Gold if it appreciated according to the macroeconomics.

I don't agree with the purchasing power of Gold being more or less the same though. I don't have the source now, I think it's in one of Mike Maloney's videos where he talks about the number of ounces of gold required to buy an average house in the 20s or 30s, versus what it is today. The average price of a new home is something around $260,000 - 130oz of Gold as of today.

The issue with going back before 1971 is that Gold had a fixed exchange rate of $35. So obviously the number of ounces of Gold will be at a fixed exchange rate for dollars, so it's difficult to infer from that. You can see the trend reverses very quickly after that, once the real price of Gold was set free.

>>27444821
You're not wrong. Something as retarded as GME being a high dollar stock exposed to what extent the corruption goes. Gamergate 2021 confirmed lol

>>27444835
was the dime itself worth more than the silver content? how does that work? has silver just gone up in price due to demand?

>weekend payments to monumentmetals and firstmajestic haven’t gone through
Should I be worried bros?

What’s this worth? I ordered Johnson and Matthey and this was in the order by accident.

>>27437823
If a dime gets you a blow, a quarter gets you a rim

>>27443307
holy kek

>>27444838
hold you brainlet, the dip will be corrected.
look at your hands. go ahead look at them. those are paper hands. we are literally on day 5 of the silver squeeze. it only just started last thursday

Currently holding $AG calls bought last week, and I held through the spike this morning.

Sell or hold at market open tomorrow?

>>27445132
I think it's the patina with the roman looking figure, makes it look like ancient currency

>>27442882
My country may open a yuuuuge mine in 5 years, should i report the news once it´s approved?
>>27436819
I don´t get it.
if an ounce equals 20 why are they selling 10 oz. bullions at $409?

Next bread loaded.
>>27445251
Engelhard bars are imo worth more than Johnson & Matthey

>>27445199

"In 1923 Germany, $100 bought a six-bedroom house in a fashionable street in Berlin, when US dollars were trusted gold substitutes at $20.67 to the ounce." (Reported in Stefan Zwieg’s contemporary autobiography, The World of Yesterday.)

>>27445251
~400 dollars US.

>>27445114
i love her bros

>>27445337
see: 27440334
welcome to the club fren. i sold some contracts to pay for my inital investment. from here on out its free money.
as my screenshot suggests, i think the best is yet to come

>>27445479
*see:
>>27440334

>>27444752
>but precious metals are not a get rich quick scheme.
You're fucking retarded. They're a never get rich scheme then. Schiff has been promoting them for 15 fucking years. Now we have to wait 5 more?

>>27445414
Interesting. My dad and I bought 30 bars a long ago and this was in the middle of the stack. My dad was disgusted and told me it was mine.

>>27441776
I'll tell you why. Its because some black people are actually cool. A black guy invented peanut butter, and I'm pretty sure another black guy invented steroids. Very important discoveries if you ask me. And the reason why we have black history month is because they were once slaves and we feel bad about that. have some sympathy bro. also buy silver.

New bread

>>27445665
>>27445665
>>27445665

It is a bit loaded

>>27445684
Probably the milk spot anon.

>>27445065

To be honest, your latter paragraph makes a lot of sense and isn't that difficult or weird to grasp, even for a normie.

I guess the only further thing to comprehend is what gives gold/silver their intrinsic/inherent value. In modern times, I can see how silver has value since it's used in all electronics and this likely won't change in the near future. But what about gold?

And importantly, what about in the past? Why was gold and silver worth what they were worth back centuries ago? There were no solar panels or tesla cars that required silver. No one understood the atomic properties of Au/Ag. And gold was too soft to be used in any metalurgy that had a use outside of jewellery. And plus, if gold's only value was that it was shiny, there are plenty of shiny yet abundant metals.

So what is to say that the same thing with fiat doesn't happen with gold/silver?

>>27445582
>They're a never get rich scheme then.
Once again, Yes.

Precious metals keep you rich, they don't get you rich. It's to store wealth, not build wealth. Sorry to burst your bubble, I'm sure a lot of newbies like you need to hear the truth like this

>>27445582
>They're a never get rich scheme then.

Sounds like you're the only one here who hasn't understood this.

>>27443471
Does anybody have the meme about 4chan anon making fun of cuckold husbands buying jaguar instead of silver for their wives?

>>27445313
Payment made. Thanks.

>>27445843
>>27445864

You're actually fucking retarded. Everyone in these threads is expecting silver to go up like 10-20-50-100-1000x very soon and giving specific reasons why.

Why do you think differently?

>>27445385
yeah exactly. modern coins lack the valuable look due to that

>>27445700
see:
>>27445949

>>27444845
It's borderline a fetish

>>27445396
of course which company is it? South America?

>>27445313
>we are literally on day 5 of the silver squeeze.
Some of us have been squeezing for over a decade anon

I ordered 2x 1kg silver nuggets yesterday
and I had 300 SLV contracts before realizing this is too much and panic selling some before close (for profit)
After what happened after hours today, I realize I should've trusted those who said to avoid paper silver. My calls expire in April.

>>27446053
It's not that he thinks differently, it that 99% of people in the game thinks like he does. Only newfags think silver is something that you sell the second it goes up in price.

>>27446053

I didn't buy Gold or Silver to go 10x or 1000x, it's just an added benefit - if it ever happens. They're stores of value like >>27445843 said, they're hedges against financial instability.

If Silver reaches $1000/oz for any extended period of time I guarantee you we're both going to be more worried about what's for dinner that day than whatever arbitrary dollar amount it converts into.

Want to make money off precious metals? Dump money into miners.

>>27446115
y, southern cooper corp

Just bought 20 oz for 45/oz cad due to the dip. Saved me 70 dollars compared as to if I was to buy a couple hours ago. Feeling good boys!

>>27446249
>Only newfags think silver is something that you sell the second it goes up in price.
I never said that. Everyone here is expecting silver to be a massive moonshot except this guy.

>>27446305
>if it ever happens.
What are you even doing here?

>>27446370
>I never said that. Everyone here is expecting silver to be a massive moonshot except this guy.

Maybe stick around for more than 3 days to understand these predictions aren't due for years, instead of days.

>>27446370
It wont be a massive moonshot but it will go up considerably for awhile. Dont pretend otherwise.