/biz/ - Business & Finance

Can't wait to buy a car with each kilo bros

>>29149963
Sirs, we've discovered a virus in this thread. Your computer is infected. I need you to send 5000 dollar of Reddit Gold giftcards, please.

>>29150028
I want a helicopter. How much silver?

>>29149963
Just buy CLF. Paper will continue to 10x-100x in the next year while metal crabs

>>29149963
pan man can you please add gold.de as well as other euro dealers like atkinsons to the OP?

There, a nice fresh bread. I ll be around later. I am in a safety meeting discussing what the hells been going on around the site.

>>29149963
god i love those things

1. What will silber do on Monday?
2. How much will gold dump on Monday?
3. What will 10y thingy do on Monday?

>>29150263
Big bois reporting in

>>29149963
morning PAN MAN. how's life?

Silber!

>>29150114
Gift cards are not a bad way to beat negative interest rates.

Guys, forgive me for being retarded, but I'm new to stock trading and I want to buy some bayhorse, but webull won't let me. It says it's not tradeable but not why, and I don't know what I'm doing wrong.

>>29150258
give us updates. i wonder if you're being sabotaged

>>29150028
>>29150263
I envy you americans and your guns. All i can get here are shotguns and hunting rifles

>>29150255
generate a strong list of euro dealers and i ll look it over.

>>29150151
aren't LEDs more efficient?

>>29149963

Is PSLV really going to the moon or am I just going to lose all my money?

>>29149963
How to tell if what I have is real gold?

Anyone got good infographics I can use to shill my friends silver?

>>29150258
You will be glad to hear I sold all of my Klondike Silver to buy Bayhorse.

>>29150454
Don't let your memes be dreams.
https://herohog.com/GunBuilds/Practical_Scrap_Metal_Small_Arms_Vol.14-Break-barrel_Shotgun_Plans.pdf

>>29150329
1. nothing. wait two more weeks
2. it won't
3. nothing as well.

pmg rage right now is a GME/AMC style pump and dump to restrict online financial information flows.
Same ID's, same pics, same posts all the time.

You've been warned.

>>29150454
guns out for anon

>>29150424
They're trying to save you from yourself. Just follow their recommendation and you'll be good.

>>29150359
Not bad, getting chewed out by bureaucrats all morning is fun! I just love being asked if i am a drug addict / putting my buddies at risk. Great FUN.

>>29150451
I am wondering this as well, a few things happened on site that i wasnt aware of before which are very concerning.

>excuse me, white man, we have been investigating online bullion dealers and local pawn shops and we discovered that you have purchased a problematic amount of silver.
by the new executive order signed by president kamala harris, all privately owned silver must be turned over to the government and shipped to israel. could you tell me where your silver is?
>what's that? a boating accident? but, sir, you don't seem to have any boats.
How do you respond

>>29150662
XRF machine, ultrasound or volume displacement method

>>29150424
here is rest of tiny stack

>>29150759
I've never seen a post that makes me more bullish on silver and PMs overall

>>29150679
You got it chief

Threadly reminder of the purchasing power of PMs during a hyperinflation scenario.

>>29150679
Don't. They'll just laugh at you and tell their friends and those friends will tell their friends who happen to be friends with burglars

>>29150825
I actually do have a boat tho

>>29150619
Buy as much as you can then you can be like me buying at the top and watching prices plummet.

>>29150796
are those silver bullets in the mag?

>>29150931
someone doesnt understand macroeconomics

>>29150832
>XRF machine
Don’t those things only analyze the surface?

>>29150980
Just 10 more years!

>>29150951
Probably nickel plated.

Will silver ever hit 2k?

>>29150931
You don't watch daily/weeky prices on this shit, you're playing the game wrong.

>>29150825
Why boating accident? I get why for guns but you can just say you sold the silver.

>>29150825
melt them into nails and build a shed with it

>>29150816
>Not bad, getting chewed out by bureaucrats all morning is fun! I just love being asked if i am a drug addict / putting my buddies at risk.
I smell projection
>I am wondering this as well, a few things happened on site that i wasnt aware of before which are very concerning.
Do you have any Chinese in your HR or admin? I don't ask this out of prejudice. china actively subverts western rivals to Chinese firms.

>>29150454
never forget what they took from you

>>29151077
this lol... imagine someone being right that they called bitcoin to go from $5 to $1... you're only right for the short term idiots

>>29150816
You must like your job man, that'd push me to the point of telling them to go fuck themselves.

>>29150983
Yes.

>>29150825
>sir, the boat was lost too. do you understand what a boating accident is? i understand you work for the government but please use your head.

>>29151066
I dunno
>>29150825
I dunno

boat insurance

>>29151077
JUST 10 MORE YEARS!

>>29150825
Of course I don't have a boat it was lost in the accident

Spread the word SLV and others literally saying that buying physical silver hurts the hedge funds and investment funds.

https://youtu.be/uLljOQPPbtg

Listen to first 3 minutes.

>>29151234
do you not have the capital to think long term on investments? if so, thats your problem, not ours lol

>>29150825
meant to greentext the second line but im retarded

>>29151066
No. It won't even clear $50 in your lifetime.

>>29150951
naw, their either steel or nickle. i lost the box months ago.

>>29150759
If you're going to LARP, throw us a little more detail to pick at than this.

>>29151234
...Yes? It's long term. Look at the prices of gold 30 years ago in comparison to today. "Just 10 more years!" Is quite literally the point and you're not gonna turn anyone away with this kind of shit if they understand what you're getting into. Here's your (You) and $.10, go feed your family Pajeet.

>>29151414
Silver will be $50 by next month.

>>29151386
Yeah and 10 years ago you idiots were saying "Just 10 more years!" No one lives forever unless you're a vampire and if you're a vampire silver will fuck you harder than it fucks us mere mortals.

>>29150759
GME wasn't a pump and dump and you're fucking retarded if you think a 4chan thread is going to pump and dump fucking precious metals as if they were a penny stock

>>29151485
Screen capped.

>>29151180
So silver/gold plating can fool them? Why do people even buy those?

>>29151212
>>silver warlord comes to take your former well to do wife and your questionable aged daughter
>>both went down with the boat sir
See? Can be used both ways

>>29151592
someone doesnt have the capital apparently

>>29151592
Gold outperformed most investors in the last 20 years.
What's your point ?

>>29149963
i saw some ppl asking about buying basedhorse stock in canada, you can get them through bank of montreal - BMO Invesrtorline Services.

>>29150980
>macro
Silver is micro nigger

>>29150825
>how do you respond
dont see any boats? yeah. thats right beside the guns and silber at the bottom of lake shasta

How much bayhorse to make it?

>>29150796
Whats good nickel 556 brother, its me the Silver Eagle green tip guy. Half beaner life lol

>>29151744
Don't give him any (You)s he's just trying to stir shit.

>>29151708
You seem really desperate to fud metals bro.
I couldn't give a shit about what the spot price is, once it's bought the metal is no longer mine, that's generational wealth, it belongs to my posterity.
Would rather hand them shiny bars than inflated jew federal reserve notes.

Copper bros this is it, we've made it, we defeated the copper jew. Copper futures up 4% today.
https://www.zerohedge.com/markets/goldman-warns-historic-shortage-copper-explodes-higher

Whens it gonna hit 1k an oz?

>>29150424
Webull doesn't allow trading OTC stocks. I recommend switching to Schwab.

>>29151675
what was GME then? who lost, who won?
Very few little guys got to cash out and Robinhood got what they wanted: user data.
Trying to get the "big bois" through public forums is a bad idea.

Get pmg's for longterm security, not shorttime games. 1oz AG is too high right now, dip was march 2020 - but why?

>>29151708
>More stimulus money
>Economy starting to open up
>Unemployment going to go down
>People spending more money
Over the next 6 months we're going to see inflation across the board. Silver will undoubtedly be $50+ by end of year, but $50 then isn't the same as $50 now.

>>29151776
>>29151776
1776 based

I got 100 shares of bayhorse to see how it would go. I'd rather put extra cash in to silver over stocks but I wanna learn abit.

>>29150825
I keep my PMs close to my lead and steel.
They already have an idea of how I would respond and how dearly it would cost them thanks to my zogbot service.

>>29151842
i've been good. just trying to keep my head above waster. been watching a lot of Mexican treasure stories like so https://www.youtube.com/watch?v=V8FKSJ8UKIc

Weekly LCA haul, love me leaf silver

>>29151087
>sir, i'll need you to report that transaction and pay taxes on it

>>29151956
If you want to learn about investing in miners, read the miner pastebin in the OP. And for stock investing in general, maybe ask /smg/. I can say though, a good first step is understanding financial reports and earnings reports (though the latter is rarely seen with junior miners that have no revenue).

>>29151790
fkn LUL, raise your hand higher please

Will exchange long range protection for silver and gold

>>29150454
>All i can get here are shotguns and hunting rifles
Get what you can, especially those bolt guns, and stack ammo in cans with desicant. Our gubmint wants us cucked back to hunting rifles, which will then be rebranded 'sniper rifles'. Gotta wonder why they want our semi-auto rifles when virtually all gun crime is committed with cheap pistols, and by the Jamals who they further embolden with bail funds..
Gun control is not about crime. It's about control, period.

>>29152117
it was a cash transaction

>>29151066
Who the fuck knows, but when the US power grid inevitably shuts down for months on end due to old tech that we don’t have the factories for, guns, ammo, food, water, and precious metals will be the new “money”. At least for a little while.

>>29151928
thanks for the actual answer

>>29151929
GME was an attempt by some dudes to fuck the hedges funds and make money doing it. They were successful. The hangers-on, the bagholders, and the retards wo FOMO'd in were not what drove the price up. They came in after it already started soaring. The price exploded, the shorts got called, and the hedge funds lost billions.

Mission accomplished.

Everything else is just noise after-the-fact.

>>29151733
>long term

In 1915 silver was $13.34. Today silver is $26.83.

$1 in 1915 = $25.90 today.

Which is appreciating faster again?

>>29152256
lol, that doesn't mean you don't owe taxes. you sold an asset and you are obligated to report it to the IRS.

>>29152100
>30-50x fv
Am I a kike for being the type to never fucking accept these deals?

>>29152371
>obligated to report it to the IRS
no, they wouldn't even know I have it

>>29152371
I think that's only true if you actualized capital gains. If you sold it for the same amount you bought it for, I don't believe it's a taxable event.

>>29152196
Silver bullion has almost no impact on the whole economy. Industrial silver could be considered macro but it would be cutting it close

>>29152357
so basically you're saying that silver would be about $350/oz today without the price suppression via paper markets and currency manipulation via the federal reserve. sounds about right.

>>29151929
GME was a proper short squeeze based on fundamentals (prematurely cut off by brokers as it could've exploded even higher) and most of wallstreetbets posters had gotten in before January. Only the retarded normies who got in at the top lost money.
It's not about getting the "big bois", it's about making fucking money and it worked very well.
At the moment GME turned political, I sold and made a 750% profit in barely two weeks.
For short term games I have miner stocks, for long term games I have my bullion.

>>29152343
I just can't really believe that story. Those who control information are always a step ahead, they won't get fucked over by a few nerds. I assume everything wen't as expected.
Keep an eye on the house hearings. I just remain cautious.

>>29151836
160k shares here. I still don't think that's enough but I absolutely should not buy any more.

>>29152574
repost
>long term

In 1915 silver was $13.34. Today silver is $26.83.

$1 in 1915 = $25.90 today.

Which is appreciating faster again?

>>29152357
Gold and silver are manipulated with deceptive futures trades. It's not even a conspiracy theory, google gold manipulation. That being said, precious metals are ridiculously cheap right now.

>>29152538
you're thinking of this backwards moron...

Yo dawg, we heard you like cash, so we put some cash on your cash, so you can cash while you cash!

>>29152683
really?

>>29152518
you just admitted it to them, dumbass. I'm not telling you what you should do, just don't be ignorant of how thugmen will try to fuck you.

>>29152534
quick search shows that you need to report all asset transactions, gain or loss (or even):
https://ttlc.intuit.com/community/taxes/discussion/do-i-have-to-report-capital-losses/00/37002

>Any capital asset sales create a taxable event. You must report all sales and determine gain or loss. Do not fail to do that. The IRS gets a copy of the 1099-B that will report the sales to you. If you do not report it, then you can expect to get a notice from the IRS declaring the entire proceeds to be a short term gain and including a bill for taxes, penalties, and interest. You really don't want to go there. Report the sale based on the 1099-B that you will get.

>>29152174
I have a few times but I gotta learn from trial and error. I was gonna full send on Goliath from the advice from PAN MAN and blue lagoon from a few others reading up the last few weeks but decided to wait cause of a recent downward trend on those. Most of what I play with is PSLV. I got access to $400 worth of starbucks stocks so the $11 for the bayhorse isn't the worst if nothing happens. I do appreciate you looking out though fren.

>>29152636
I first heard about the GME short squeeze here on /biz/ back in October. I ignored it because I figured no one would be able to do it, but if you search the catalogues it was definitely shilled here long before any narratives about it formed.

>>29150454
Oh, and there's this:
https://lbry.tv/@Deterrence-Dispensed:2
If you keep scrolling, there are complete schematics a machinist could...
Your country may put you on a list for even visiting though, and maybe lock you up for downloading anything? I'd take precautions on that last part, stealth mode.

>>29151903
>be me
>brother and I horde copper & aluminum
>come home
>parents throw it all away
>could have been slapped with a trash fine
Feels.

>>29152726
Lol nice troll retard, take the (You) then fuck off

>>29150552
OY

>>29153033
this.
https://www.reddit.com/r/investing/comments/cthume/dr_michael_burry_and_the_big_gamestop_short/

Michael Burry called it a year ago and some fag on reddit noticed it.

Buying britanians are better than buying leafs.
Buying 50 btitanians seems like a great deal.
$1600 or so.

>>29152683
Food for thought. In 1919 silver was around $18 at it's peak. So for 2 ounces your at $36. 2 ounces of silver today is about $60. In 1919, $40 invested in Coca-Cola would net you $394,500 in 2020.

Coca-Cola is worth more than silver.

>>29153031
>I have a few times but I gotta learn from trial and error
Great, you know that already. Yeah it was the same with me. And still is actually. It's smart of you to start with smaller positions and be careful about things at first. Good luck to you anon and always ask away (but remain skeptical, even about Pan Man's picks) whenever you have something you're unsure about.

Anyone can post mp4 to webm conversion script? I lost mine when cleaning up my PC. I would record some more of the coins I have

>>29152988
>you just admitted it to them, dumbass
no, the point I made is separate, the best way to keep your silver from getting stolen is to not tell others you have it, goes for government and coons.

>>29149963
I know a COMEX futures contract for silver is 5,000 ounces, but how much is it for gold?

>>29153462
britannias would be so based if it weren't for the lizard queen on the other side.

>>29153462
I should mention I'm using ffmpeg, I had nicely optimized script and fat fingers fucked me.

>>29152081
I know that feeling. My anxiaty has been though the roof. Fucking apartment flooded and the said it would be done last tuesday but its now going on sunday and its not done. My safe can fit my cash and guns but not my armor ammo and silver and people have been coming in and out all week. Imma watch that ty ty for the time killer!

>>29153344
Just 10 more years!

>>29153173
I get that the GME squeeze started about a year ago and I don't deny that lots of people got to cash in on it.

But I really don't see the silver squeeze happening. Does that make sense?

>>29152877
Yes really. By what metric is this graph measuring inflation? The Dow Jones has tripled since 2011, yet silver is worth less now than it was then. Physical Supply and Demand for silver has not changed at all. Demand is on an upswing right now, try to buy some silver at your local pawn shop.

I recommend looking up how the price of silver is actually determined, friend. It's all done on future trades. Banks and industry both have an interest in keeping silver cheap. Banks intentionally flood the market with worthless futures contracts to make supply seem way more demand, and industry does not fuck with it because they want to keep their profits. Third party investors are now trying to get into silver and they literally can't because the physical supply isn't there to cover futures, industry, and private investors.

>>29153549
Yeah, most of the coins are ruined by her unfortunately.

>>29153344
lets list 1919 companies then went from huge market caps to zero as well then, where are there low IQ idiots coming from

Feeling very comfy bros, they couldn't take out 27 silver or 1760 gold.

We're unironically at the bottom

>>29153508
yeah I agree with you.

I mean that you admitted to selling it here:
>I get why for guns but you can just say you sold the silver.

>>29153031
have you tried setting up a paper broker account? its basically practice stocks with fake money.

>>29153600
Then don't invest in silver and leave. You're not providing any valuable information other than "Well it won't happen lol."

>>29150454
Some shotguns are really nice, what can you get?
And precision shooting is fun.
What's the definition of a hunting-rifle?
.. in much of Europe an MR308 would fall into this category.

>>29152841

>>29153344
>Coca-Cola is worth more than silver.
And that isn't a major red flag for you retard?

>>29153344
Man, I wish it was 1919 so I could've bought Coca Cola shares.
Any thoughts on bitcoin from 2009 ?

>>29150467
What about adding Canadianpmx? They accept USD too, so no problems for the mericans.

>>29151929
It was a squeeze on an overshorted stock

>>29153643
The point is the appreciation over 100 years isn't even enough to buy gas for your rusted out Honda Civic.

Just 10 more years!

>>29153552
I feel it dude. I can barley pay my bills right now. honestly I hope the banking system fails already so I can finally put my mind at ease.

>>29153699
Checked. Not really to be honest but I'll look in to it now. DESU I'm not horribly intrested in dumping money in to the stock market. Everything extra is going to savings for land and silver stack. I understand diversifying but also don't want to stretch myself to thin.

>>29153600
Well, as long as you have valuable insight on why silver is not undervalued now...
I get that it might seem crazy, but the silver market has been cornered once and back then the industrial demand wasn't that high and forecast to go nowhere but up.

Any other Pure Gold frens wishing they'd release some production numbers or drill results instead of these fluff piece videos?

https://www.youtube.com/watch?v=vHiow8xTwnk&feature=youtu.be

>>29153673
Well, the question at the start has them already know that you have silver so the point is moot.

>>29153881
>Silver is ridiculously cheap right now
>Bro silver has depreciated over time
We're literally saying the same thing. You're speculating that in the future it will continue to decrease even though fundamentally supply is not increasing but demand is increasing. I'm saying basic supply and demand mixed with inflation means silver is going up.

>>29153699
In my experience at least it's not the same thing at all because there are no actual stakes in the game, people will act differently when their money is on the line.
>>29153963
Very balanced and reasonable strategy, I can definitely understand your lack of enthusiasm for being in stocks right now.

>>29153881
you're the same person that will sit here and tell me the US dollar and economy is stronger than ever. good luck fren lol

>>29153462
I have an infographic for a converter you don't need scripts for. It's on my PC I'm not home now will post when I can.

>>29153816
Yeah just keep holding all that metal that will net your grand kids about $30 an ounce when they retire. If you seriously pass that shit along I hope they slap you in the face and put you in a home staffed by minorities that will abuse you daily.

>>29154039
I sold after buying the top. Wouldn't surprise me if I ended up selling the bottom
>buy high sell low

>>29153881
Industrial demand for silver isn't slowing down, depression era prices are irrelevant in the tech era, gold regularly outperforms the s&p but who cares. There is more than one reason to put your money in physical assets.

>>29154122
good point. just something to look at

>>29149963
I bought $40k of gold to diversify my portfolio and have been losing money in it ever since.

>>29154277
You obviously hate precious metals, why do you come to these threads? If you're going to spread FUD, at least back it up with sound arguments instead of retarded shitposting.

New photo of my current stack

>>29154158
That would be great, thanks.

>>29153919
Fuck man I'm there with you. I'm not cut out for this shit. I can shoot, grow crops, brew liquor, grow weed, survive extended periods in the wild with limited supplies, I can hunt. The wife knows how to sew and crochet clothing, she also knows how to raise live stock. I truly just want to be left alone haha.

Reminder that all of the demoralization shills here as of late is a great indicator that this subject is indeed a problem
We're in for some short term paper fuckery and pain for hodl'rs and mining stock owners but remember your conviction and confidence in the thesis lads

>>29154335
Prove it or STFU shill

>>29153881
Jesus you're trolling, aren't you ?
You're comparing the evolution from 1919, back then when industrial demand was ridiculously low, production was increasing, and governments were stockpiling it because it was literally used as money.

Production has been decreasing the last few years, governments don't hoard any of it anymore so they can't bail companies out if the price rockets, and demand has nowhere to go but up because it's massively used in the industry for EVs, batteries, electronics..etc. Besides recycling silver is not profitable at all, so they just buy it new.

>>29154335
It's a long term hold, so if you're losing money on gold you bought it in the last 6 months that doesn't mean anything. If you're trying to day trade precious metals you're doing it wrong.

>>29154476
the more and more people that show up to shill, the more confident I feel... its their subconscious getting upset that they're about to lose lol

>>29154335
Is that not the point though? I'm putting 10% of my portfolio into silver. I'm not expecting ludicrous growth, I'm just happy I'm better hedged against downside risk.

All this negative sentiment and people saying they’re in the red is bullish. I am feeling it too, I sold about 1/3 of my metal stonks today so we will immediately pump on Monday.

>>29151912
2038

>>29154039
We should be seeing some numbers shortly, but your right the fluff pieces are kind of silly. I want to know how many of these pic related they have generated so far.

>>29154335
>losing money
Join the crowd. We're being suckered by these retards here who have been waiting for it to be a worthwhile investment all their boomer lives and shill it here to try and capitalize. They probably have an orgasm every time William Devane is on their Fox and Friends commercial break.

>>29154283
kek, I'm gonna ride it out, down $900

>>29154476
If you are taking flak, you are over the target

Ive heard some people grow silver crystals. Does anyone have any experience with that? Is it even profitable?

>>29154760
That’s a man

>>29149963
>>Why Gold?
Why not Palladium (the "fourth" precious metql, after platinum)? Palladium in addition to being precious is needed as a catalyst in car mufflers, and Palladium is essential to Cold Fusion if Cold Fusion (or the same heat effect) is real and not merely lab errors.

>>29154408
Because I foolishly listened to you retards and fucked up my portfolio. Now you can suck my gold plated pecker.

>>29154727
Why isn't robinhood let me buy miners?

>>29154010
It seems reasonable that silver is undervalued and the price is kept low artificially.
But what indicates that there will be a substantial correction to it?
If the importance is of the implied magnitude with further reaching dependencies, doesn't it rather suggest that all means will be used to keep the price low?

>>29154421
dude, you and me both, i just want to buy a cattle ranch and live my life

>>29154880
Most of them are Canadian OTC

>>29154750
Even if that was true... You took financial advice from 4chan and lost money LMAO nobody feels bad for you dipshit. Might as well cash out your 401k now and send it to india cuz once you hit boomer age youre gonna fall prey to phone scammers ez as fuck. Go cry to someone who cares, you only lose money once you sell.

>>29154879
>he bought high
that's a you problem

>>29150356
Reporting

>>29154879
Oh you'd just fuck it up some other way anon don't lay the blame at our feet. Give me your gold if you don't want it.

>>29154039
>>29154744
I think it's better than nothing of course. They've done great promotion before, even too great even as the stock became relatively overpriced. It's been correcting and I think that upon positive results it may start climbing again. Although the market might get disappointed when they don't see fully ramped-up production numbers yet, that will take a year or two.

>>29154597
Keep telling yourself that. I noticed you didn't address those 2 ounces back then being a waste of closet space today. We've been in the tech era for decades retard.

>>29154879
Pretty sure we tell everyone to do their own DD.
The market won’t immediately pump what you bought because you want it to, you need way more patience than you have for this market.

>>29154622
I personally think we've just flown under the radar for so long, it was the crossposting to /pol/ that let the cat out of the bag but by then it was too late to (((shuddit down)))
Regulars will see the disruptions in the general and rightfully interpret it as a YUGE bull signal. It's proven itself every single time.

>>29153458
Thank you sir. Slow and steady haha I've burnt myself to many times going the other way. I know what I'm comfortable with gotta start there no matter what anyone else is saying.

>>29154910
Because manipulation can only hinder the price growth up to a certain point. You can't make silver out of nowhere, and the real price will show when real demand meets real supply.
Spot price is a meme. Silver already costs more than spot price.
If spot price stays at $27 but I can sell my silver for $100 (with the "premium") in the real world, I'm fine with it.

>>29154973
I have a reverse mortgage to tell you about if you didn't already call Tom Selleck begging him to take your home.

>>29155095
Just 10 more years right?

Last two times I've been at my LCS for some silver, boomers have been selling massive amounts. Why are they selling? Foolish af. At least wait to see what happens after March contracts expire.

>>29155042
Well, today I learnt we've been in the EV era for decades.
Shit man, I'm gonna buy a 90s Tesla. I bet they're so cheap now.

>>29154879
literally every time I buy anything it immediately doomps. I should sell this information

>>29154910
>But what indicates that there will be a substantial correction to it?

The squeeze comes from the physical market. Everythingg is sold out everywhere, mints are saying t hey can't get 1000oz bars to melt. Some traders have said that 1000oz bar premiums are through the roof due to sheer demand.

This means that people are going to be standing for delivery at the COMEX because they can make more money trading the physical metal than trading the paper positions. When enough people stand for delivery, it is likely the COMEX will have to force majeur because it doesn't have enough metal. This is what leads to the price exploding once the paper market is no longer trusted.

The GME shortsqueeze was about the stock in GME. The silver short squeeze is specifically about PHYSICAL silver.

>>29149963
Someone answer >>29153509

>>29155287
Quick, easy money. They may not know what is coming and are just reading WSJ articles about a bunch of kids on Reddit goofing around driving silver prices up.

>>29154309
not to mention, nobody should ever be 100% in either PM's or stocks. either extreme is a brainlet move no matter what "does better"

>>29155281
>>29154879
The more you post this, the bigger of a retard you sound like. We're not fucking salesmen here, we're investors. You invested in something you fundamentally don't believe in. You're not jaded because you got burned, you're jaded because you didn't do research before investing and bought into something you don't like.

>>29153641
NUT

>>29149963

>>29153509
>>29155381
The answer is here:
https://is(dot)gd/zk8zvA

>>29155404
I don't know why it frustrates me so much.

>>29155287
A lot of boomers are shit with saving money + some people buy precious metals just to stop themselves from spending all their money on garbage.
I imagine that some of these guys have been holding for decades and are now thinking they're not going to see the collapse of the dollar in their life time so they're cashing in some silver at what they believe is the highest point.

>>29154921
Find a retirement town and as much as it sucks serving/bartending pays well. Lots of the people in retirement towns are already on fixed incomes so they still have the same money to spend unlike other areas really suffering from covid BS. The wife and I pull like 60k ish a year serving and like another 6-7 from our side ventures.

>>29155287
They've been accumulating and averaging down for decades. Doesn't hurt to sell a small portion at the highs.
Also boomers have medical bills to pay, sad unfortunate state of our nation that tort in the health sector drives up costs ridiculously and our tax dollars go to central bank ponzi schemes instead of taking care of the elderly

>>29151105
I think a big part of the problem and which I told Admin is that we dont have enough trained professionals on site. We have a bunch of totally new people to the industry around site and not enough people supervising them.
>>29151174
Its meant to be harsh, their looking for people who arent clear in the head, an outburst is what they want to find, so i am not giving them that.

>>29155315
also the international demand for silver as countries modernize can only drive up the price

>>29155281
You're a gigantic faggot who doesn't understand portfolio diversification and hedging.
We're not telling anyone to go 100% precious metals.
Your opportunity cost is enormous and you're hating on people because you bought the top like a faggot and thinking precious metals act like stocks.

I own precious metals not in the hopes that they'll skyrocket one day and I can sell them at a ridiculously high price, but in the hopes of saving my fucking money from inflation and being able to sell it at the next market crash to buy oversold stocks.

I've been putting my money into silver which I feel good about. But I really want to throw my money at a house. Unfortunately there is no inventory.

>>29155287
They're probably cashing out to buy real estate.

>>29155513
Jesus Christ you’re glowing

>>29155484
"10 more years!" bothers you because you know you were saying the same shit 10 years ago retard. You were wrong then and you're wrong now. Your great grandad probably said the same dumb shit before he put his retarded seed in his sisters belly and then went out to buy more silver from the slick guy with all the snake oil.

>>29152256
I love this about silver
>buy from local pawn shop
>settle on a deal
>pay him cash cause I don't want my information associated with a silver transaction
>guy tells me there's no taxes for silver
>I knew it already but I was still dumbfounded for a solid second processing what he just said
>put the coins in my pocket, thank him, and leave the store

>>29155575
imma start looking at some old costal holes in the wall and start there. you're right, it's better than nothing.

>>29155729
this. I just traded some random foreign money + the balance in USD for a gold sovereign. the ISK alone used to be worth $300 when I visited, then I forgot about it and it was worth $185. at least gold will just sit there, instead of just sit there while losing value.

>>29155851
just 100 more years, faggot

>>29155529
A lot of them pass that garbage to their grandchildren that want nothing to do with grandpas worthless metal. But they'll smile and say "Wow" before they take it to a pawnshop and trade it for something cheap.

>>29155851
Are you done yet bob?

>>29155587
>I think a big part of the problem and which I told Admin is that we dont have enough trained professionals on site. We have a bunch of totally new people to the industry around site and not enough people supervising them.
how did they respond to that? are they not willing to hire more experienced individuals due to expanses or something?

>>29155826
It's a "let me google that for you," you paranoid fuck.

The answer is 100ozt of gold per contract. Fucking zoomers.

>>29155851
That doesn't bother me. You being a butthurt faggot bothers me because you're blaming us for something that is 100% your fault.

>>29154879
Then sell and shut up, idiot. Nobody is interested in your whiny pussy bullshit

>>29154860
Palladium is entirely controlled by the Russians so they can just dump supply onto the market and bog you. Or in the event of a complete economic collapse why say your white shiny rock is 10x more valuable than my shiny white rock and 2x more valuable than yellow shiny rocks

>>29155883
I had always heard the Patriot Act required dealers to record any sale over $100 or any purchase made in cash. In Canada at least every single dealer I have been to required ID to purchase but then again I've never made any purchases that weren't large quantities.

>>29155921
More like 200 but they'll keep saying 10.

>>29152410
those are collector pieces brilliant circulated

>>29155886
Big ups to it too is so many boomer owned coin/pawn shops so silver is literally never more than 30min away. Get in cool with some of the shop owners too. If shit goes sideways its nice knowing that the silver and ammo kings in my area at least know/kinda like me and maybe wont immediately shoot on sight lol.

>>29156058
There are no more people to hire, thats the problem. Thats why were running at half power to begin with. The technical collages need to get their asses in gear, there are currently I think 14 underground projects running right now in BC that are calling on staff support. We have two guys on my crew who came out of retirement to fill positions here.

>20 posts by this ID
Someone sure is getting paid well. Or so I would hope. I would feel bad if he was ...doing it for no money, yknow? Imagine if he was doing it for zero compensation...

>>29155281
Sure maybe, is 10 years a long time?

>>29155742
Look at buying land and building your own. Lots of times its much cheaper and puts you farther away from dumb fucks.

>>29155195
lol I use to work for AAG

>>29156120
You're right. Listening to morons like you is 100% my fault. Maybe some other potential morons here won't make the same mistake I did since you're now all but admitting it's a mistake to listen to you clowns.

>>29156040
>worthless metal
funnily enough nearly all countries keep stacking tons of gold. Not to mention the industrial use.

>>29155729
>I own precious metals not in the hopes that they'll skyrocket one day and I can sell them at a ridiculously high price, but in the hopes of saving my fucking money from inflation
100% this. Gold and silver can make you money but their primary purpose is a hedge against inflation.

Interesting fact: after Yellen had her emergency meeting about... "Gamestop" with the Commodity Futures Trading Commission , look who was visiting to discuss.... "Stimulus".

What do you think they were talking about /pmg/?

>>29156208
That's interesting to know. I'm going the extra mile to maintain anonymity with my LCS so I'll definitely keep this in mind

>>29156290
good idea, I need to leave the county i'm in and find a one horse town in the mountains.
>>29156293
danm, i wonder how much they had to offer them just to come out of retirement, things sound strapped.

>>29155670
Yep, there's no reason for silver demand to lower.

>>29156328
He's doing it because he overweighed his portfolio in precious metals and blaming us for buying the top like a retard.
If he wasn't a gigantic faggot he would've sold some in March 2020 to buy stocks on fire sale.

>>29156345
It is when 10 years happens 100 years after you've been dead.

>>29152410
those prices are in CAD, and they're proof likes so a little more than usual junk. also
>implying I pay the list price

>>29156530
russia, china, iran, everyone who's butthurt about america has been stacking huge quantities for decades. obvious buy signal.

>>29156522
>I'm a retarded zoomer who thinks investment is about making a 10x in 2 months or nothing

If you aren't able to do your own research, or watch what's going on in the markets then that's your problem. The fact that you keep bitching instead of shutting the fuck up and reading/listening betrays your character.

>>29156461

>>29156530
Soon they will be stacking Bitcoin. Gold is a fool's Bitcoin.

>>29156606
>If he wasn't a gigantic faggot he would've sold some in March 2020 to buy stocks on fire sale.
>being so poor that you need to sell PM's to invest in stocks
that guy is unironically never gonna make it. hope he's got hot daughters to sell for a sack of wheat.

>>29156522
You're truly one sad faggot

Is the play to buy gold and silver BEFORE the stimulus hits or immediately AFTER? Someone help a brainlet

>>29156522
I'm saying it's a mistake to invest in something you don't understand. I hope the people in this thread know that silver is a long play, and certainly isn't guaranteed due to it being one of the most manipulated commodities in human history. You obviously didn't understand this and thought it was an easy 10x like some shit crypto coin.

>>29155729
>>29156536
this
I once heard an anon say something about how in the case of inflation the price of silver would rise, and if the economy is doing good then the dollar will rise over the silver.
Either way, it's only wise to keep it 50/50 to be prepared against whatever may happen

>>29150424
buy $AG instead. Solid company that you can buy on Webull.

>>29156782
I would say before. Do we have a date on our next round of inflation tickling?

>>29156598
Make sure its red/yellow counties. Fuck anything blue. The Colorado plateau is beautiful and land is reletivly cheap. Its dope being in the middle of the "old west" too.

>>29156616
Hopefully the scam can run that long, I personally like having a good job and good food to eat and a roof over my head.
One day we will all be Venezuela, 100 years from now sounds good to me dude I hope you’re right.

>>29156598
Those guys are getting paid a LOT to come back. CMAC is trying to get more guys out of Quebec to come west but no ones biting. Companies need to tell the government to start broadcasting that labor is short or projects arent going to get completed.

I just like shiny metals, I don't care how many USD you want to give me for them.

Mike Maloney? More like Mike Baloney! Silver is a scam, sell it all now incels.

>>29156707
hahaha I got fired for not "not meeting expectation" Fuck that company I felt bad for these old people and couldn't so I just sat in my cubicle fucking around. I think the final straw was a makeshift working crossbow I made and almost nailed someone with.

>>29156713
They will not. They'll always rely on a monetary system they can inflate.

>>29156908
i don't plan on leaving commiefornia, but i will go to a jeferson county so i can tell newsome to shove it
>>29156927
danm, labor must be strained for you to ask the french to leave their prison colony.

>>29151430
Nickel plating is a thing for increased feeding and ejecting reliability as well as corrosion resistance. which also aids reliability. Crusty ammo isn't going to feed as well, unless you own a Sig. Lol, but yeah.

>>29156919
Nah man, the sooner the better. Without getting too much into the politics of it, the collapse is the only way we are going to get out of our future as eternal slaves of the Chinese. The West is truly fucked, and the longer we go on doing what we're doing the more certain our annihilation (rather than just collapse) is assured.

The sooner it comes the better it will be for our children and grandchildren.

>>29156662
Gaddafi was assassinated for trying to make an African gold standard.

>>29156755
It's call rebalancing your portfolio you dumb cunt. If you have no hedging strategy (besides waiting for a society collapse) to begin with you're unironically going to get fucked the day the market trend changes.
If I sell PMs to buy stocks on sale and sell the overpriced stocks again to buy PMs later, I'll end up having more PMs in my stash. Is it that hard to understand ? PMs are contracyclic assets.

>>29156782
Before and then use your stimmie money to buy more.

>>29151457
>If you're going to LARP, throw us a little more detail
His nose is getting in the way of all that.

>>29157208
>Gaddafi was assassinated for trying to make an African gold standard

Same thing with Syria and Assad.

>>29156568
Of course. They're fucked and they know it

I have this sweet deal with my dad

>he bought assloads of silver eagles through the 90’s and 2000’s
>mostly for collecting, not as much for the melt value, but that was a factor
>saved his ass in 2008
>still has shitloads

Now that covid’s been utterly fisting his business, he’s tight for money. I pay his cell phone bill and he reimburses me in silver eagles, so to him his phone bill costs $20, and I’m getting silver much closer to melt price than anywhere else could possibly offer me. WORK OUT SOMETHING LIKE THIS WITH YOUR KIDS, FELLAS.

>>29157185
honestly that's why i love my sig, i can fire steele casings with it no problem

>>29157312
>making a deal with your own parents

ok schlomo.

>>29157208
my strategy is simple:
>buy stocks
>buy bonds
>buy cryptos
>buy metals

trying to be a (((wechsler))) will incur various tax penalties and premiums every time you change it. better just have a comprehensive view that you refine over time, instead of rushing from one meme rock to the other meme stock whenever the (((media))) tells you to.

>>29157427
>not helping your parents when they’re struggling financially and you’re making more than you ever have in your life

Ok degenerate

>>29156293
Which trades are you looking for?

>>29156830
So you understand silver isn't going to make you anything like smart investments can make you. Yet you continue to buy it because you understand it isn't going to return much profit. That sounds like a genius plan. I'll see you in 10 years when you are still understanding all that long term, low return decisions you've made. Maybe I'll flip you a mercury in pity.

>>29157190
Canada is already over half Asian, we’re cooked anyway.
Things could be better if people were interested in self responsibility but they aren’t so there won’t be positive change even after a collapse.

>>29157312
>>29157511
I have an arrangement where I buy a shitload of gold now and they pay me over time with their fixed income that they don't have immediate access to. Basically I take all of the inflationary risk now but they get gold which is where they want their savings to be.

>>29150424
Why are you using trash like webull switch to fidelity

>>29157581
No, we continue to buy because we see the writing on the the wall. The markets are based on lies and greed, they're on the brink of collapse. The Fed is racing against time to get their CBDC online to swap everyone over before the collapse happens.

We're betting they won't make it in time.

>>29157581
it's unbelievable how you seem to think that it's impossible to max out an IRA, contribute to a pension, throw something into a 401k, and buy a few coins every year. how poor are you?

>>29157581
Only retards buy gold and silver to make money.
You stack pm so that when the USD collapses you have physical currency to use that’s actually valuable

>>29157182
Ahhhh I feel that. Honestly if DC and PR become states CA breaking up is much more likely. If you ever out AZ way you got a watering hole with us.

>>29157581
>talks about muh smart investments
>invests in next best mcshitcoin and gets exit scammed
10 years? You're gonna off yourself in a month, kiddo

>>29157665
The collapse will make people more ethno-centric and give them higher death salience. We need those things if we're going to survive. A lot can happen in a major financial crisis that can either lead to a restoration (see Germany after Weimar) or to absolute ruin. I'll take those odds against "guaranteed serfdom/genocide for you and your offspring."

>>29157517
miners, we need trained miners thats all. People with a minimum 2 years underground experience, H2S / Confined spaces tickets as well as blaster certification and first aid level 2 or higher. The last bit is a huge pain in the ass, the government isnt doing any courses for blasters since covid and they were already rare and hard to pass due to how bonkers the testing has gotten. The list of tickets is long but we do a lot of the courses ourselves on site.

>>29155138
https://www.reddit.com/r/Wallstreetsilver/
The Silver movement is growing quickly.

>>29151894
>once it's bought the metal is no longer mine, that's generational wealth
THIS. I've got a niece who've been nothing buy shit on by her mom and grandma, and it's really hurt her, both psychologically as well as financially. The point is this is generational wealth, as you said.
Hoarding PMs is fun too! There's definitely worse things to be addicted to.

>>29157312
He deserves this for collecting so much pointless silver he can't pay his $20 phone bill. Melt that silver yourself with a healthy dose of alloy and poor it through the gaps of the floor boards in his shack. It will give him something to do as he tries to dig the even more worthless alloy out of the wood.

>>29151956
Are you familiar with the term "crab for 6 months and drop 3 cents"?

>>29157581
Maybe, none of us know what the future is going to hold. I just see there's a fundamental problem with the silvers futures market that is bound to collapse. And if that happens I'll be flipping a mercury to your wife and questionably aged daughter.

I don't know about you guys but I'm up nearly 100% on a silver stack I bought with money I would have spent on some other dumb shit at the time.

>>29157810
apretiate it bro. i won't lie tho, i'm expecting this place to pop off into a waring states scenario circa 1920s china. if that happens imma take over several small costall valleys and organize a caravan to head for Utah/AZ if things get too much here.

>>29157786
This

>>29157936
He at least 62+ with a reverse mortgage. He just mad he put himself in a shit spot.

>>29158046
yup. the bullion value of just one of my coins is rapidly approaching the total price I paid not 3 years ago. comfy af, the money is gone and I don't miss it. already got enough money as it is.

>>29157938
I honestly have so much hatred for these subhumans bragging about browning the whtie’s children. They deserve hell.

>>29158006
Lol, it was worded poorly but what I meant was the amount of silver he gives me COST him $20 back when he bought it, he loaded up decades ago.

>>29158186
You're not alone in that sentiment, and more and more people are beginning to feel that way every day. I'm starting to see it in normie circles all over the place now. Even my propagandized-from-birth boomer father is complaining about how many blacks he sees on TV these days.

>>29158408
based

We live in weird world pmg bros

>>29157998
>I've got a niece who've been nothing buy shit on by her mom and grandma, and it's really hurt her, both psychologically as well as financially.
That’s fucked up, do you come from a long line of sadists and psychopaths or something?

>>29157786
Shiny metal bros have been predicting the collapse of the USD forever. If that happens I hate to tell you but food and water will be important. The only important metals will be the kind that are strong enough to withstand rapidly expanding high pressure gases. If you have food and water, those with the good metal will take that from you and leave your worthless metal behind.

>>29158087
Lol if shit drops below 40 for more than a week CA will be complete anarchy, If any snow reaches the low lands that's it lol. AZ,UT, CO, and NM will be mass migration zones.

>>29158505
Lol imagine not working in the trades

>>29158512
the collapse has already been happening for decades. they (central bankers) manage it slowly so people don't freak out.

>>29157942
Interesting. I'm an electrician done a lot of oilfield but currently have a pretty comfy local job. I've just never heard of mining as a trade nor have I ever seen nor heard of technical schools offering such courses. I think there are tons of trades guys who would re train for mining jobs but just have no idea it really exists

>>29158512
Based retard thinks we’ll be mad max
Even in Yugoslavia people still traded for shit because most people aren’t sociopaths that play nothing but fallout all day

>>29155095
This is not true. You fucking morons just squeal buy butthorse, 1000000 shares! To anyone that enters the thread. You lure them in with the 2000x gains meme and say your stock has 0 risk. I hope it goes to 0 and you go to the supermarket one day and mumble something about butthorse and someone who lost thousands on it tears you apart next to the canned fruits section.
>10 quadrajillion ounces in the ground!
They'll scream as they disembowel you with dole pineapple

>>29158575
in that case i'll be setting up a toll road through a mountain pass and tell anyone who can't pay the gold tax to fuck off

>>29158701
that's not to say you want to get caught without some reliable weaponry and good friends

>>29158512
Lol how long it take you to run 3 miles? Can you sprint 200yrds though open ground with no cover while taking fire? How long can you realistically be without your O2 old man?

>>29158512
Your a retarded faggot. PM bull markets happen consistently and right now the monetary conditions are ripe for one. One thing I know for sure is of the USD collapses whiny little girls like yourself wont make it very far.

>>29158783
Of course, but anyone who thinks the entire US after the dollar collapses will be bands of mad max style thugs running around shooting the heads off of old people needs to go outside more.

>>29157938
>>29158186
>>29158408
Yep maybe you’re right. Living in Toronto is taking its toll on me, I need to get out ASAP.

>>29149963
Buy gold and silver

>>29158512
>imagine being so stupid as to not realize most people who invest in PMs are also preppers

>>29158928
New Thread
>>29158928
>>29158928
New Thread
>>29158928

>>29158701
I will put a high velocity hole through any retard that tries to buy my toilet paper reserves with a gold coin.

>>29158701
Oh, did they? Yugsolavia was fucked up as hell. Everybody fucked over everybody and then some. Try this article.

http://archive.vn/vXoIC

>>29158741
Lol thatta boy. The boomer militia guys up here all openly talk about blowing the 3 main roads/ bridges in to town and setting up check points. 6 dudes can effectively shut down a mt road.

>>29159029
Edgy bro
Have sex

>>29158917
I don't think it'll ever "collapse." it'll probably just become gradually more worthless until it silently crosses the threshold of negative worth, meaning cost-of-living adjustments will fall gradually behind inflation until every gentile is a ward of the state.

>>29158962
true. I watched enough doomsday preppers to know my place in the post-apocalyptic scenario

>>29155510
What are these rankings for? Post collapse? Or when metals skyrocket? Or roughly historic levels of wealth? Help

>>29158697
>I've just never heard of mining as a trade nor have I ever seen nor heard of technical schools offering such courses

Thats because for a long time while the industry was in the gutter the need for such training was low, now all of a sudden we have a bunch of projects in need of this training and no one to do it. The earlier large scale underground mines like Brucejack took the existing trained miners and now finding anyone else is apparently nearly impossible.

>>29159104
easily
https://en.wikipedia.org/wiki/Transnistria

>>29159104
yeah, the mountains here in commiefornia are very rugged with many valleys between them

>>29151903
I own 1 copper stonk, Copper Mountain, it's my biggest % gain. I shilled it a little 2 months ago when I found it and it was still around $1.15 but nobody other than Pan Man commented on it. I'm thinking I might have another one that will double in Galleon Gold

>>29153115
Surely they got in your ass a few times first about hauling it to the recycling center? Dick move if they didn't. Your fault if they did.

>>29157190
>eternal slaves of the Chinese
Yeah, it's the chinks...

>>29159498
Snagged some Galleon for cheap. What do you think about Copper Mountain going forward?