/biz/ - Business & Finance

My collection of the shiny stuff

Bump

>>27727438

BOE keeps rates insanely low - what is the malfunction in the economy where these ridiculously low rates and flood of money do not blow up the system?

The US debt is gone exponential, yet everyone just keeps zombie walking waiting for their stimmy checks. Even if you make money negative rates will be a constant drain.

I don't want to go all in PMs but shit it that the future?

>>27729025
We have until the money velocity picks up. So use the stock market to get a share of that sweet QE and funnel those profits into pm

where my bayhorse chads at

>>27729332
I agree

>>27727438
Thoughts on SGDJ or GDXJ?

>>27729447
I just need BHS to rise 10 cents to wipe off my GME FOMO losses. Mr. O'neil, please do the needful.

>>27729332
I have been following this bullshit since 2007. I consider those that say we are going to have inflation, deflation, stagflation, biflation. The ones that claim we are going to have inflation and hi velocity claimed so due to the $4T injected since 2008. I understand the Gov is hiding inflation (going back and recalculating, hedonics and other nonsese) but considering the massive new fiat injections in to the financial system we dont seem to be getting the corresponding velocity spikes. What gives?

I am not rooting for doom and gloom, a crash or hyperinflation, but based on all the blabbering about what is going to happen if we do this or that, none of that seems to be coming to fruition, in either camp.

If velocity has not picked up by now, why would it ever pick up?

Update on the silver squeeze here. Remember, the spot price is meaningless. Keep buying physical.

>>27731104
This. Ive been reading a lot of mainstream news articles that say "The "silver squeeze" is dead" but I see this as smoke and mirrors. Keep buying physical. Its the law of supply and demand in action.

>>27731001
Nobody knows.
Maybe the reality is that the Keynesians really did find a way to keep printing money infinitely without bringing down the entire economy or causing a hyperinflationary crisis. Maybe this time it will work long term and we're the ones in the wrong, thinking we could predict the future by learning from the past.

We live in clown world. Anything is possible. Maybe Bitcoin will hit $1 million and Gold will go to $0 instead. At this point, the most bizarre scenario possible isn't just a thing of fiction but a real possibility.

>>27731445
Time is not being sufficiently considered in these types of statements. Opportunity cost, time value of money, etc. make it extremely expensive to invest in gold/silver and mining stocks and getting zero or negative returns. I don’t expect people to know when the COMEX will collapse for example but it’s not as simple as just “buy, trust the plan”

>>27731104
>>27731445
So, it's really the faith in legitimacey of these metals "funds" and "leases" and "contracts" that we're destroying by buying physical like mad?
How long do we think they can maintain the facade? Is there a critital quantitative factor that breaks their system, or is it more information/psychological?

>>27731775
I am thinking if physical prices vs the GLD/SLV prices diverge enough people will start waking up

>>27731775

As soon as people stand for delivery on the COMEX and they can't provide the metal, it immediately breaks.

>>27731989
Forcefully demonstrate in real time that the ETF is not tracking the underlying asset. Fair. People stop buying/trading the ETF because it doesn't do what it says it does.
What if banks keep it afloat some other way? Does it matter? How would they counter what we're doing?

>>27731775
How long can they? I have no idea. All I know is that I am gonna stack and I will not sell for as long as the financial system is fucked up.

>>27732228
I bought 1k in rounds and bars it thought looked cool last night. Are these companies printing God Emperor's face on 1oz coins the ones taking delivery?

>>27731704
ok schlomo

>>27732242
>Forcefully demonstrate in real time that the ETF is not tracking the underlying asset
Not PEOPLE, Tech companies.

>>27732400

Every ounce of physical you buy is another ounce which can't be manipulated in the bankers' hands.

why is silver not rising after all this demand

>>27732588
This is now a digits thread.

>>27732623
How about an ounce of Uranium? How does owning that hurt the bankers?

>>27732781
Because the jews anon, because the jews.

>>27732781
Because of manipulation by das bankers

>>27732857

Nothing else is shorted the way silver is, nothing else will break them. Silver should be at least 40x higher on a historical basis and probably 200x on the basis of how depleted it is because of the predatory shorting.

>>27732857
It won't. Buy UEC though.

>>27732588
I've thought something similar, for a while. Dont see why the average person cant piece this together.

>>27732781
Because they printed more paper this week than is actually extracted from the earth in a year. Until Comex breaks they can and will do this every time there is a threat.

>>27733454
>Dont see why the average person cant piece this together.
The average person thinks silver is a thing of antiquity and doesn't realize big tech and green energy consume 60% of all silver produced each year.

They think their electronics are cheap because plastic+chinese manufacturing.

>>27733308
So what you're saying is that silver should be worth at least $1,000 an ounce? Wow thats enough for a formerly well to do mother and her questionably aged daughter.

>>27733534

I forgot to mention it in this picture >>27731104 but they printed almost 4x annual mine supply in one day (2 billion ounces).

>>27733814
>at least $1,000 an ounce
AT LEAST!

>>27729447
will it ever hit its previous ath?

>>27732471
I probably own more in gold and silver than you make in a year faggot.

>>27734260
that's exactly the retort schlomo would make

>>27733939
Wait wait wait. Silver was $2.18 an ounce in 1913? Wow...

>>27733939
what does that mean exactly?

>>27734432
The dollar was wroth more, and was pegged to gold.

Post recent acquisitions
Just received 2 oz in the mail

normies ruined silver

AG just turned green again for me
How's the premium on clinkies look right now?

>>27734457
For every 4750 dollars accounted for in the US financial system there is 1 ounce of silver accounted for in the us financial system - from traders to government vaults to private safes. Without market manipulation and accounting for inflation, the price of silver should unironically be almost $5,000 per troy ounce.

Spot price is set by COMES and COMEX is not a physical market - it's derivatives. So Spot price is the price of derivatives, or paper silver - not the price of physical bullion in your hand.

>>27734476
Wait a min, $2.18 would be like $57 in todays money tho

>>27734769
OK. That's the buying power of $2.18 from 1913 - it's the same as ~$57 today.

What's the scarcity of PMs in 1913 vs the scarcity today? Industrial use? Recycled?

>>27734432
>>27734476
No, that means that in 1913 $2.66 were printed for every ounce of silver mined. You're reading it wrong.

Buy physical!
Here's my today's purchase of 3.5oz

>>27735090
Love 100g bars. Very aesthetic in size.

>tfw my local dealer sells silver for 10% above spot
Looks like it's time to support my local businesses and get into boomer rocks

>>27735336
Good lad. Load up on many varied pieces for maximum comfy

Sitting over here at 260 oz of silver waiting patiently for the pop.
How much more should I get? Should I go for coins or bars at this point (I have mostly bars)?

I bought my first silver the other day during the squeeze attempt. A small order of random government minted coins. Excited to see what I'll get.

I figure having a few coins around will motivate me to buy more when the shops are restocked and premiums fall

>>27735229
Yeah they fit nice in the safe.
I buy 100g silver once a month, no safer investment desu. Gold would be nice too, but current market value is bit much for my wallet

>>27735485
I'm just gonna get a buncha 1oz rounds. I don't know why, but there's something really appealing about big-ass coins. Makes me feel like a boss at the end of a dungeon.

>>27731704
Yeah, holder of 4000+ ounces of silver here, there is no yield on physical. it just sits there. it is insurance. i sleep very well at night though. physical pays no interest, no dividend. in order to get interest or a dividend you have to accept risk. owning physical metal is pretty low risk. with play money i will invest in stocks. establish a good physical position in the metals first then invest in stocks/ETFs if you feel comfortable. nobody knows when this will all go tits-up so its important to have a revenue stream or another investment that pays out while waiting for silver to appreciate.

>>27735667
Its quite addictive, but a great investment at the same time

>>27735485
wow nice stack!

>>27735696
1oz isnt big ass, 10oz is the ideal size to hold in your hand

>>27729025
QE 875b, total money supply 2.75t, so they've expanded the money supply through QE by 33%. Fuck man. Not as bad as Canada, but we are fucked.

>>27731001
>but considering the massive new fiat injections in to the financial system we dont seem to be getting the corresponding velocity spikes
Money velocity is psychological. Printed money has gone primarily into financial assets (stocks, crypto, derivatives, etc.) instead of the actual economy since 2008. When investing in the actual economy seems like a bad RoR, you trade pieces of paper with others who just got handed new printed money. It is a reinforcing spiral.
This concentrates wealth to those who can access these financial assets, and that inflation "trickles down" in things that are purchased across all social classes: health care, education, real estate, child care. Those who cannot access these assets thus see overall deflation from non-productive investment into the greater economy and slowly rising prices. Growing anxiety about "wage stagnation" is one part of this.

>>27732781
gee I wonder who can be behind this price manipulation?

>>27737302
Find silver under $35/ozt

>>27735500
congrats bro! at this point i'd say it doesn't even matter. go for whatever you can get the lowest over spot. hodling 4000+ ounces here and buying every fucking dip.

>>27729447
ALPHA ONE, REPORTING IN.

>>27737302
>>27737402
meant to quote >>27732781

>>27735667
put one under your pillow and you will sleep better. i do

can someone redpill me on CHAD coins?
why are they cheap? why is this guy saying "hard to sell"

give it to me straight anons, is this good stacking material?

>>27734432
There was $2.18 for every ounce of silver above ground.

>>27727438
https://gematriaeffect.news/silver-thursday-march-27-1980/

hehehehehehehe

PETER NO

>>27738080
Retard here. Explain this to me.

just bought this 10oz coin from apmex, I think it looks cool as fuck

Fuck these redditors for abandoning silver

>>27738762
Damn, it does look cool as fuck anon

I seriously hope none of you are scared of silver depreciating long term.

Anyone panicking about a two dollar drop needs to go look at the 20 year history of silver prices.

>>27738824
maybe gamestop will become a kneepads company

>>27738824
The bottom one there is satire lul, it lists the reasoning for buying silver

>>27738824
What were we expecting from the lemmings? Let the run off the cliff

Friends of /pmg/ I have come to ask for your aid. I am interested in buying a 10 oz silvertowne bar from a private seller but I'm not sure if it's legit. From what I can tell most of the bars online have an "e pluribus unum" by the buffalo, but the one int pic related doesn't. Did they ever produce them without it?

>>27727438
previous thread
>>27726503

>>27727438
https://youtu.be/36bnzCwFnp0

>>27735090
whoa that bar is super pretty

>>27739110
Didn't even know this thread was already up. Was too focused on my lunch.

>>27739246
no problem lol

>>27739328
It's all good, you guys are chad as fuck.

>>27739107
i ve never seen a bar like that before, looks older than a lot of the bars we usually see.

>>27734626
Normies may be the ones that makes silver "moon."

>gold performing worse than silver today
I suggest increasing your stack ratios to 150:1 cause gold won't get you anywhere.

LOADOUT THREAD ON /POL/
>>>/pol/306585126

>>27734375
Show your ounces

>>27738958
Not one bit troubled about physical. It's the mining stocks that really take the hit in the short term

>>27738824
WSB was always against silver, especially the mod team. They left an SLV thread up to make it look worse. The silver people regrouped to wallstreetsilver but overall fuck everyone from that site.

>>27739727
Don' trus' paypa, not racial jus' don' loik it, simple as

>>27738762
RASENGAN!!!

>>27739139
Than you anon, its my countries national precious metal and stones retailer. We do have nice bars

Is it a big disadvantage to buy PSLV ETF rather than the tangible metal? I realize the pros of owning physical silver but the practicality of the the other option makes me lean towards it.

https://mobile.twitter.com/NikkeiAsia/status/1357199054833352704
https://mobile.twitter.com/NikkeiAsia/status/1357169515952549893
This is why i fukking love japan.

>>27739981
PSLV pro: Effectively no premium for buying or selling
PSLV con: expense ratio (deducted from NAV) is proportional to "silver held"
Physical meanwhile has only upfront costs for buying (premium) and flat costs for storage if you do it professionally (vault).

>>27727438
I’m going to be honest with my /pmg/ bros, I lost money on the GME meme and I’m very embarrassed about it

>>27731743 #
Hey anon have you found anything interesting or some usable data?

>>27740116
lol based Jap telling it like it is. I bet he also wont allow trannys to compete in womens sports.

Why did Gold take a massive plunge? What's happening?

>>27739972
sweater boobies!

>>27738762
That is sweet, definitely post pics once you get it.
>>27739123
https://youtu.be/DTyLW3F6W44

>>27739981
Not necessarily. A combination of the two, with the addition of diversified mining stocks for leverage, makes for a healthy PM portfolio.

What does /pmg/ think of silver coins from obscure Pacific island nations? It's 2oz at .999 and worth two Tuvalu dollars.

>>27740280
I did to but then again I wouldn't have been caught up in the "silver squeeze" if I hadn't bought GME. I literally started my stack Monday went out and bought 115oz.

I bought a few ounces for the meme and now after looking at the price history do you think we could see it go back under $20? I'd like to pick up about 100oz .

Fucking kek even the NFL can't get silver right now

https://www.espn.com/chalk/story/_/id/30829958/flipping-madness-startling-amount-bet-super-bowl-coin-toss

>>27738645
here friend
>https://www.youtube.com/watch?v=3UbhsCU2rfk

>>27740116
>>27740340
cool but what does this have to do with precious metals

>>27740466
Wtf? Gold went to 1800? Wtf are the non frens fucking doing? Some one stand for fucking delivery already!

>>27727438
>r/wallstreetsilver
Fuck you reddit invader faggot, I’m making a new thread without your bullshit

>>27740775
I think WSS is a pretty cool guy, eh buys physical and doesn't afraid of anything

>>27734709
high af
best to wait til the end of the month probably, let them shit the price back down with paper dumps and slam then for demand at the end of the month again

How can anyone look at this simple comparison and think it is authentic price action?

>>27735500
checked
i prefer smaller units such as 1oz rounds or junk silver dimes, as they allow for greater fungibility
if you want to turn a 10oz bar in post collapse, good luck getting change in silver

>>27740939
Fuck off nigger, reddit is the last thing we want coming here.

>Wow that's a cool coin
>I wonder what the reverse is like
>Flip over
>This bitch
>Every single time

Why is it like this?

>>27738645
>>27740645
should note that he is wrong about the conclusion
we saw the same steepening in treasury spread before the blow off top in the stock market back in 08' as well

>3k doge
>50 oz. silver
Will I make it bros?

>>27741205
god i feel old

>>27741307
Just think of it as a commemorative coin for when she's dead.

>>27741205
>hurr durr they use website therefor subhuman

>>27741307
take the krug pill

>>27741380
>le doge
Probably not

>>27740315
After dealing with messy data entry errors I have came up with this list of mines that have copper as a main source and gold as a secondary. The list for copper OR lead-zinc, OR zinc is much larger.

>>27738824
WSB just proved why Reddit is cancer.
>have bunch of mods doing their jobs
>GME boom triggers massive growth
>original "founding" mods come back after not lifting a finger for years
>set up Reddit premium or some shit and a merch store to exploit popularity
>in talks for a movie
>ban all the old mods and delete posts about it
>99% don't even realize it happened
>Reddit owners are probably profiting from this so they won't stop it

>Can't find Sovereigns anywhere for a worthwhile price
Bros... I just wanna larp with a Victorian style sovereign holder...

>>27734432
silver was only like 5 dollars an ounce in the early 2000s, gold was in the 200s I think

How does APMEX ship their boxes? What do they look like? Don’t want someone to steal my bullion

Got a stack of 1/2 oz coins on the way but this is the bulk of it

>>27727438
THREAD WITHOUT REDDIT NIGGERS
>>27741684
>>27741684
>>27741684

>>27741532
I don't like the kudu gazelle. Bearded guy on the back is tight. But look at the Brittania and tell me it isn't absolutely ruined by Liz on the back.

>>27741750
nice anon, is the shield your daily?

>>27741781
I'll head there when this one starts to die off, assuming it doesn't get nuked for there already being one.

>>27741307
Krugs and wieners dont have em, otherwise, well britain was once a huge empire

>>27741503
>they have a different culture that doesn't respect anonymity and is a shithole of desperate clout chasing for internet points, therefore they are an invasive species
Yes.

>>27741793
you don't like the gazelle? i think its my favorite part
>Liz on the back
she'll be in the grave in a year or two if you wanna be patient, then you'll get this guy

>>27741957
It's a full size actually.

>>27741957
Sig bro! What's up man?

>>27742002
Well said. Assimilate to the board culture or fuck off.

>>27732588
>a tesla has 10KG of silver
any souce on the claim?

>>27742254
not alot, supposedly at work rn lol, talking to family rn figuring out what she wants me to buy her at my LCS, hers is closed and they have bulli tax

>>27741987
>The sun never sets...
I get it but the Weiner pales in comparison to something as cool as picrel

.... What is everyone's thoughts on companies with Gold in their name, but have major silver production.

I'm looking at AUY specifically. It's got fantastic reserves. 44.6M oz of silver.

I'm guessing that most people will over look this in the event of silver mania due to it having gold in its name. Will smarter investors eventually buy this up, outperforming others?
How long until people realize the dark horse.

>>27741987
This. Support your local apartheid.

>>27727438
My Au just got crushed!

It looks like Redditors may get prosecuted for the GME squeeze. Wonder if that will also happen with the silver squeeze.

https://www.zerohedge.com/markets/goat-scapegoat-redditor-who-made-millions-during-gamestop-chaos-already-being-set-take-fall

>>27742396
supposedly this is a set right? im not a huge fan of the design, seems off

>>27742392
Ouch that bites. Is her tax as bad as California where you pay tax on PMs under 1000 bucks

>>27742392
congrats on your canadian beer

>>27742188
Kek so much better. Idk why but I like to feel regal with my stack and something about the gazelle makes it feel lame.

Got a guy selling Franklins at $10/coin near me. I's only roughly 50c above spot per coin. Debating whether or not I should clean out all 19 of the ones he's got.

>>27742503
Stack gold with practical value!

>>27742418
I have a bias towards companies with "silver" in the name. I doubt there is any data to support the hypothesis that "silver"-named companies do better, but its a personal hunch of mine that they might.

fellas
do you look for three 9's or four 9's
and does it change your mind when buying

>>27742628
6% pegged for everything, no safe haven for PMs

>>27742689
Fucking do it, the less physical on the market the better we are to make someone stand for delivery

fuck me 6 million (250k) wasn't enough

>>27742555
I believe so maybe 1/6 or something.
>Black Bull Clarence
The coin of choice for cucks

>>27742689
Franklins are hot. Yes.

>>27742628
>1000 bucks
It's $1500.

>>27742862
Fuck, that's not as bad as here but still.

>>27742862
+1 reason to leave that commie shithole

>>27742997
yeah im glad i have a state with no metals tax, considering im going to have to live here a while

>>27731001
>considering the massive new fiat injections in to the financial system we dont seem to be getting the corresponding velocity spikes. What gives?
Lockdowns, layouts, slow business in general. Once the vaccines come and the governments allow business to continue as usual we'll see some of that velocity

>>27742986
I knew it was in the 4 digit rang I just wasn't sure by how much. J always avoided it cause I would frotload my orders when I was still building up my stack.

>>27727710
Nice. I can't wait to buy more. Hopefully the price tanks me a lot.

Wish I was a yank sometimes so I could own a Beretta 92fs

Mag dumped my type 97 at a coyote.

And missed the answer to my question. Did we find out if silver bars are taxed in Canada?

>>27743177
I'm not as lucky fren, unless gruesome Newsom gets recalled in march I doubt our PMs tax is going anywhere. Aside from that I still gotta stay here cause I want to make things better here.

115 mines with lead-zinc ore as primary, and "metals" as secondary. Very few in the dataset have silver listed, what are the odds that there's silver present in these metal mines?
Note many are abandoned.

>>27731104
Hahaha they are scared shitless. I'm hoping for a massive. Over correction though I'm not going to lie. I'd love to load up load on some super cheap $10oz of silver. I'd legit liquid all my crypto if it dropped to that and you could buy neat $10

>>27733939
Yep all the calculations put it closer to 4k but I'd honestly be happy to see it up around 200-500

>>27743466
well see, i really feel like CA needs to be 2 states at this point but, not my chickens, not my farm

>>27728438
Who is the whore on the left? (not Tobey Maguire)

>>27743466
our fucking tech industry is leaving, why the fuck we still gotta pay ridiculous everything?!
why did we have to pay so much in the first place

>>27740620
>NFL
fucking profit whoring money grubbing multi billionaire commercial franchising corporate jew machine wont even spend the money for legitimate gold or silver coins

greedy kikes never change. "Pro sports for profit" needs to be wiped from the face of this earth

>>27738824
Why does this just make me want to sell everything I own including my 50k pension and buy silver. Just silver in my stolen shopping cart.

>>27743467
The states who have mines of this criteria. Any requests? I would like to just upload this easier to work with spreadsheet somewhere if there's any interest in messing with it.

>>27741750
>>27735485

All of that could have been 2 oz of Au.

I hate the volume. A store of wealth for me is better being discrete and space efficient.

>>27743795
everyone in your state votes blue every time

>>27743387
I don't pay sales tax on bullion up here.

>>27743899
WI please

>>27743732
>Who is the whore on the left?
idk, looks like my neighbors dog

>>27731001
>>27743178
This.
People are starving to coomsoome. In my European country, the last summer spike was a record quarter. As soon as the normies saved up a few shekels, they went to travel, buy new furniture, car. ETC. They have repaid their loans, saved up and ready to spend as soon as things open. This is why they want a gradual reopening....

All in calls waiting for pslv/slv to catch up to physical prices. Also can someone explain to me why pslv is only 9$? What does that actually mean ? obvsly its not priced per oz right?

what happened to gold price?

>>27744197
Huge inflation coming

>>27743382

That's a great gun in .40 S&W, but why are you posting that here? This isn't /k/... This is /pmg/ lmao

>>27743177
Not from the US, how does this even work? Are you taxed on your holdings? Surely not, right? Why would anyone know about your holdings if you were?

>>27744107
Two abandoned (with lead-zinc-metals) both owned by Eagle-Picher. Both underground, one of which goes by "Bear Hole Mine" the other is self named. No coordinates.

>>27743695
There are 3 Californias, there is So cal which is Los angels and San Diego and they revolve around Hollywood and oil exploration, then there is Nor cal which is the bay and Sacramento and they revolve around fishing and the tech industry like Google and twater, and fake book. Then there's eastern California or Jefferson which is considered to be reading to Bakersfield with 14 million farmers in between. All of us have different values and goals but only los angels and San Francisco have a really say on what happens in Sacramento. San Diego tells the rest of the state to fuck off and do it's own thing while the other 48 counties that are agricultural based get dragged along with Sacramento whether we like it or not. They will literally let the rest of the state burn down around them rather than admit they're wrong in any way.

I have a question, why are people talking about their < 50oz silver stacks like it’s their golden ticket? Even if it went to $500 an oz one day, that’s still not even a years salary for most people?

>>27743795
>>27743978
See>>27744197 and you'll know why our problems ar ed what they are

>>27744402
its for purchases, if you sell (kek) you would pay capital gains on the earnings.

>>27743467
I hear you, but I'm not from burgerland

>>27744619
Ment to highlight this>>27744499

Where is that $30 silver I was promised? You really dropped the ball here, /pmg/

Post bayhorse picture have to show my friend thanks

>>27743952
What is divisibility?

>>27744242
They raised US treasury bond yields. That tanks the gold as reserve.

>>27743466
>unless gruesome Newsom gets recalled in march I doubt our PMs tax is going anywhere
Let's be real, bud. They recall Newsom and the voters put another person from the same party with the same beliefs and same policy in. Who cares if they recall Newsom. The guy sucks, but it's not like he's doing anything the voters didn't explicitly vote for.

Here is a sample of copper for primary and just metals as secondary, 165 of them.

>>27743732
That would be the formerly well to do housewife

>>27744673
>you would pay capital gains on the earnings
Why not just sell it to a private entity? You'd both skimp on the taxes that way.

Am I missing something?

>>27744769

>>27744763
It is $30. They just printed 4x the number of paper as silver pulled from the world in a year to drive the paper price down. Actual silver is fine right now.

>>27732588
Could it be possible that the big companies have a gentlemen's agreement to not buy silver bulk and do everything in their power to keep it suppressed and low cost? It would benefit everyone involved.

Look at Elon, he is shilling doge coin, maybe that is why..

>>27731661
I feel the same way.

>>27743467
I've worked on 3 of those mines. All 3 are listed as Lead-Zinc, and all 3 were primarily silver/gold operations.

looks like they're listing by the predominant metals but not the ones that actually made the mines profitable.

I want to start a natural resources/commodities portfolio. Any sector recommendation other that steel, silver, and uranium?

>>27744362
I'm just jealous of all your stacks being accompanied with a pistol lol.

Lucky you lot still have that liberty.

>>27745133
you have to report it. but i lost mine in an extreme kayaking incident, woke up miles away from the boat and gave up looking. shame really

>>27738080
>>27738645
Fuckhuge bubble

>>27745226
Its in alot of peoples interest to keep silver down, its extremely useful and its a currency.

>>27745045
They San Diego mayor is currently leading the charge against him, he actually has the recognition to unseat him too, but idk if he'll be able to compete with the first Democrat to smell blood in the water

>>27745232
Interesting, makes sense though for reporting that primary would just mean highest volume, secondary being smaller volume. Like I said they mostly just have metals listed for secondary.

>>27745238
Lumber, copper, thorium. But lumber and copper have already gone up very significantly, and thorium stocks are incredibly volatile.

>>27738762
I have this one in gold.

Are there any 100% physica silver backed stocks/funds/etcs whatever its called in Europe, that hates Comex like Sproff does?

>>27743467
most of these that had lead zinc copper would also likely carry a silver grade, but it was probably not a leading element that generated revenue.

>>27745465
yep. One example is the Black Cloud or Asarco Mine in Leadville. I worked there for years. The primary ore was indeed lead/zinc, but the money actually came from silver, gold, copper, rare earths.

we call them polymetalic mines. They produce a mix, and often the money comes from pms even if the bulk of the ore is base metals

>>27738645
money printer go brrrrrr
>>27745671
>>27745777
What reasons are most of them abandoned you think? I am blown away by how many are.

Wish pan man was here. Kootenay said they have no intention on turning their projects into a mine and that they are trying to sell them. Does this Mena we should dump them? Is there any value to be had in this stock?

should i buy the evangelion silver ring?

>>27746095
im sure the premium on it is retarded

>>27745777
This

Most of the mines I ve worked around are the same, the Huckleberry Mine for example generated massive amounts of zinc and molybdenum but the money was coming from copper, silver and gold production. Dome mountain was the same, lots of lead and zinc but the gold and silver made the money.

>>27746095
Yes, and then kys

>>27745944
in the Leadville district in Colorado they're abandoned because of environmental expense mostly. The Black Cloud contains millions of ounces of silver but it bankrupted several huge mining companies with the cost of cleaning up lead and arsenic pollution on the site and in the water.

I believe it was a significant contributor to the bankruptcy of ASARCO, a multibillion dollar company that was bought out by Grupo Mexico.

>>27745996
i am here just been busy shoveling snow and dog walks.
Which Kootany are we talking about? the one with projects in Mexico?

>>27745944
likely market prices for their commodities going down and staying down for long periods, newer regulations and ore grade depletion. A lot of things can lead to a mine closing down.

>>27746141
Pan man. I just watched an interview where the ceo of Kootenay said they have no intention of turning into a mine and are just trying to flip the assets. Do you think the stock should be dumped then?

>>27746405
>>27746253
Only 41 active out of 362 in the ammunition dataset.

>>27746405
Yes. Kootenay with the copalito project in Mexico.

>>27746253
Same goes for a lot of the silver mines in central BC, they stay rotting because its nearly impossible to properly clean up all the previous waste left from a century of mining. Silver Standard Resources still owns them but they wont work them, only monitor the water.

How do I go around buying AG and AU? Premiums are ridicules in the EU.

If I buy a 1KG silver bar, and the price goes 10x. How would I sell it?

>>27746457
its not a great sign but if they can prove it up and sell it for a good price thats fine, its what most exploration companies do. Building a mine takes hundreds of millions of dollars in investment money, not every company can do that.

Anyone regretting averaging up on physical? Added significantly to my stack at an average of 30.69 last week.

Pic not related

>>27745663
check out https://kinesis.money
it's in early stages but seems based as fuck. i'll deposit 50k and see how much yield it brings

>>27746570
>>27746253
Are the cleanups needed for past mistakes or is it just a byproduct of doing business and following regs/standards?

My clinkies have shipped :)

>>27746570
Yep, we're an EPA Superfund Site with billions of dollars worth of silver locked down with even more billions in environmental liability.

Northern Idaho has the same problem. Enormous wealth but nearly impossible enviro regulations.

>>27746878
Past mistakes. As Pan Man says, these are places that have been mined on massive scales since the 1800's. Whoever buys the mine also buys all the old pollution.

>>27731445
Watch ebay auction ending every few seconds. The demand is crazy. Silver is selling for avg of $40 an ounce. Even more for good bullion bars/coins

>>27746878
its both, the modern mining companies often do want to do a better job being less destructive to the environment than their forbears but its mainly down to modern regulation. Here in BC for example, any company taking on a previously active mine must pay for the clean up costs of the previous operations. However the BC government often chips in a lot of help or crediting for things that simply cant be fixed. BGM for example has to try and fix the massive tailings beach in Jack of Clubs lake in Wells BC, but the government recognizes that the contamination is nearly impossible to truely fix so instead will help with monitoring the site and containing any future toxic discharge.

>>27746253
>Leadville district in Colorado they're abandoned because of environmental expense mostly.

>be me
>Wonder onto a ranch cause there's a pond where the cows drink from
>chilling on a pile of cow shit when I see farmer jhon checking up on his oil well
>eat fly
>three days later I'm still chilling on my pile of cow shit when some s o y sucker takes a bunch of pics of me
>scared.hop
>the next day 30 s o y suckers pull up in their teslas and chain themselves to farmer John's tractor
>some s o y sucking celebrity on Instagram makes it viral and gets gubna moonbeans attention
>moon bean eminent domains all 500 acres of farmer John's ranch that his family has owned since 1850
>gets land deeded to me
>homeless jhon is now living in a refrigerator box outside Fresno
> 2 years later pond gets cemented over by a Chinese solar company.
Wanders onto next ranch.hoppity

>>27745270

I hear you, brother. Sadly, my silver stacks are quite minimal (I have just 40oz. in my possession, with a few more in the works/ on the way,) but I do fortunately have plenty of guns/ ammo to defend them with.

Things aren't great anywhere in the West, these days... Even with guns, we in America are looking at a perilous future. Godspeed and stay safe Eurobro (Britbro, I presume?)

>>27741307
Oi! Wath did yer say bouth ouwa Queen ya bloody poofta?

>>27747027
yep Kellogg and Smelter City are a massive mess, thank god the feds and Bunker Hill Mining are working together on fixing that.

When are AG earnings?

Also, opinions on these I may pick up tomorrow

BLAGF
AMYZF
BKUCF
URG

>working my way to 10k bayhorse

>>27747201
>>27747124
I can imagine the EPA isn't too keen on helping young entrepreneurs with mine cleanup costs.

>>27747335
>thank god the feds and Bunker Hill Mining are working together on fixing that.
it's a rare case but after they bankrupted ASARCO hopefully they learned not to bite the teat they're sucking on

>>27730810
I want 5 minutes of my life back

Gold <1800
Silver <27

Any michael burry here that can share some thoughts. Are we being manipulated? if yes how are they fucking us. And how to fuck back?

>>Decide to check out my coin shop
>>All the silver is sold out
>>All the collector's coins are overpriced
>>People are still coming in to buy them

Fucking Reddit

>>27747451
>I can imagine the EPA isn't too keen on helping young entrepreneurs with mine cleanup costs.
yeah, not at all. They regularly sue small owners out of existence just for buying a mine, not even working it.

>>27731001
hyperinflation can strike at any minute. best to be prepared.

>>27746753
I bought a 25 oz tube on Monday even though I didn't plan to yet. Just wanted to solidify with physical squeeze people.

>>27735485
The big daddy 100oz should be front and center. Great job. If this goes up a little you’re a millionaire.

>>27747618
Bonkers. Yet they will just let it sit contaminated in perpetuity just so long as no one benefits from it, clown world.

>>27738958
but mining companies provide better returns than the metal itself when the metal takes off. please everyone here, newfags and oldfags, establish a strong physical position first and then move into derivatives.

>>27747775
It's nuts, but that's why I switched from mining to environmental work. Lots of money in mining, but way more in cleaning up mines.

>>27747610
Yes
>How do we fuck back
Metalhands

>>27747610
>how to fuck back
buy physical 1 ounce at a time if need be

>>27747610
look around above and on the previous thread, weve posted tons of stuff on this. just lurk, they are definitely fucking us all

>>27747736
yup. silver solidarity

got this 1kg bad boy at 24.70 per ounce (1kg = ~32.15ozt)
design is ok, not a big fan of ballet. it was minted in 1997, almost 25 years old now. minting tech was inferior, that explains the "resolution" of it

russian market still has not caught up to the hype, but this purchase is pure luck

Seems like in reality you could cap off large sections of pollution and come in from another side? Just spitballing here really no idea how this stuff works but its fascinating all of the sudden.
>>27747999
I also do environmental work but on the critter side. I was one of the anons earlier bitching about the ESA and how much it holds us back as a nation in the US for little to no gain.
I have a cousin who is a geo though and does pretty much 100% cleanups.

>>27744545
50 oz could be over 12 years worth of food.

>>27747451
here again in BC the government will help you out if you can prove the cleanup costs are beyond your scope to handle. I once had my reclamation bond handed back to me after the mines inspector checked on some hard rock ground I had permitted for trenching. They said it wasnt worth my effort to restorate the existing waste piles.

have 1000€ should i buy a bit gold and rest silver or should i go all in on silver coins?

>>27747610
Its based on doubt that rightwing democrats in the senate might vote against bidens free money4all plan. Also they think the vaccine will magically fix the world before summer.

Helicopter money sounds more stupid than the gme p&d, but no one sees this apparently.

>>27731445
they also keep shilling gme shorters are out of the woods. wrong.

>>27748319
fuck, moving to Venezeula when?

>>27748299
>I have a cousin who is a geo though and does pretty much 100% cleanups.
that's me. I'm nominally a geologist and I studied biology as well. But I follow the money and the money's in enviro. Mining is cyclical, reclamation is constant.

Peter will be on Tucker Carlson tonight lads.

>>27744545
theyre selling extreme discounted money? why the fuck wouldnt we buy it. fuck do i care what the price goes to, the prize IS the metal.

any fortune tellers in here wanna let me know if tomorrow AG will be red or green?

I've got 200 oz of silver, thinking of buying a tube of 20 tonight then seeing how things are in a few weeks, any better ideas?

Why is it the price on 500gr of silver comparatively higher than 1000gr? How should I go about buying without being jewed?

>>27747775
yep thats the general sentiment, so long as its out of site its out of mind.
>>27748299
90% of remediation work is water control. You dig trenches to control water flowing off waste piles and channel it to lined containment ponds where it can be treated or allowed to settle. A lot of modern clean up sites build artificial swamps and this does a pretty good job of cleaning up the toxic ARD and sediments. Everything else is building removal and open workings safety related. Maybe tree planting as well.

>>27739548
Got a 300 ouncer

>>27745238
Personally I only know anything about mining companies so I can always vouch for different metals. Copper will certainly be in even greater demand as electrification develops more and also is an important component in batteries. Zinc is a safe bet -- used everywhere and also might have potential future use in heavy industrial batteries. Gold for inflation, also is nice to have exposure to if the economy shits the bed as it might actually go up fast after an initial crash. Some other ones worth considering are lithium, nickel and cobolt for some of that EV battery action. Lead also remains a decent investment as it is still used in the vast majority of produced batteries.

As for other commodities, I don't have much knowledge but I would say now seems to be a good time to invest in oil.

>>27748958
>Everything else is building removal and open workings safety related
We're lucky to be in a designated historical preservation district so we tend to fix the buildings and either cap the piles or remove them and replace them with inert piles of rock to simulate the historic look of the mines. We took the EPA to court for years to get them to do this because most of our money comes from tourism related to those old mines and buildings. It'd be a shame to lose something like your pic there.

>>27748782
Definitely red.

I already posted this 2 threads ago and will pasta this post in the following one :
You BUY when :
>AG is @10-11
>PAAS @29-30
>HL @5-5.20
NOT BEFORE

And you SELL when :
>AG above $14.50-16
>PAAS above $36-37
>HL above $6.80-7

Rinse and repeat. It's that easy to make free fucking money each month, you just have to follow these 2 simple fast steps. Stop FOMOing like plebbit newfags.

huge shoutout to the kikes dumping paper preventing the squeze so I can stackmoar. Do you guys think kruggerrands will go below 30 before the month is through?

>>27735090
Got into metals this week with this exact purchase + 1g of gold.

>>27741680
>cyberpunk
More like The Division

(((They))) are just throwing it in our face now

>>27744673
how would you prove your cost basis?

>>27749369
thank fucking god! thank you! we tried to save our historic mines, but weather and time did most of the interesting places in long ago. At least someone gives a shit about the history.

>>27749721
Fuck how much longer can they do that? There's literally no supply anywhere!

any benefit to buying larger bars vs. smaller coins? in terms of purchasing price or resale?

>>27749858
Yep, we're a town full of old miners, we love our mines and can't stand to see them removed.

>>27747610
Gold dumps because they increased treasury bond yields.

new to this, been in stocks but with what I've been hearing lately it'd be smart to get some physical silver bars...they're sold out everywhere near me and I don't want to get it online if there's a 1-2 month delay...am I too late? This one shop near me said they'd be getting in more in 4-5 days so worst case I may wait til then

>>27750024
Harder to resell, less cost over spot when you buy.

>>27748913
economy of scale

>>27750256
Prospector Gold and Gems has their poured Silver Bars still available. Roughly $32-33/oz for the 10oz bars. For me it shipped the day after I ordered, can't say how long it'll take you though.

>>27747235
Looks like you'll have plenty of time to accumulate with all of this price manipulation, once premiums come down.

I believe ammo was a medium of exchange in Syria for some time, could never have to much of that.

Thank you, and good luck to you in America.

>>27749882
paper price, anon

>>27748913
Small time purchases are usually that way. The more you buy, the cheaper it could be. It's the reason why 100oz bars are usually cheaper than 1oz.

>>27737645
Just buy cheap rounds from a reputable dealer. The art has no value.

>>27750256
Maybe wait for a few weeks/months for the unprecedented demand to settle down as the premiums are painful right now. Or buy gold if it's inflation hedging you're after, that should be in stock.
>>27749858
Hey Pan Man does the name Shawn Ryan say anything to you?

>>27750256
Allocated bullion may be an option for you. Look into Goldmoney, Bullion Vault, and PHYS/PSLV on the stock market.

4 Trillion deficit ....yes they are going to pass a bill
for 6 trillion......and gold and silver are going down

>>27750827
That name sounds very familiar but i have no idea why? whats he do?

>>27750682
I get that, but seriously how much longer till people realize that paper is bull shit?

>>27750620
https://prospectorsgoldandgems.com/product/10-oz-silver-bar/
https://prospectorsgoldandgems.com/product/1622-atocha-silver-cob-round-daniel-carr/

would these be a good start? thank you guys again :)

>>27751030
First link is alright, second link is a godawful price. Unless you want to just buy one for the design, I wouldn't buy it as an investment.

>>27751248
what about this one? I'll be buying more bars IRL after these. thank you so much again

https://prospectorsgoldandgems.com/product/2017-perth-mint-1oz-silver-swan/

What happened in august to pump silver so much?

>>27751370
Spot price is roughly $26.50/oz right now. So try to pay as close as possible for that. Read the OP, there's a price comparison website to help find the cheapest purchases per oz.

>>27751687
JP Morgan staff on holiday

>>27751687
Genuine confidence in manufacturing probably because everyone knew Trump would win.

>>27751687
kinkos missed an ink and paper semi delivery

>>27750945
The man's supposedly a legendary prospector who has roamed around Klondike for like 30 years

>>27749882
is it not finished bank vaults are fulll of silver
and ishops will have in stock in short time
if price dips time to buy, untill vaults will be completely clean

>>27751699
thank you again.

>>27751914
Ok yes I know that guy is than, hes currently looking at Labrador greenstone belts. I ve never formally met him yet though, probably seen him though at a few trade shows and such.