/biz/ - Business & Finance

>>29496350
$100 end of March not end of Feb.

>>29496350
just two more weeks

>>29496552

>>29496350

>>29496350
Who would have knew that Trump was probably shitposting on the Kitco silver forums before running for President and this was the way to take down the cabal

I got stacks of this. When lambo?

Trump's plan all along was to stack silver

>>29497106
Silver has never been about lambo. It's about an entirely new valuation of everything.

Stick with crypto if you want a lambo.

>>29496350
>Are you anons ready?
I’ve been told this so many times. But if it does happen I will coom buckets.

https://www.youtube.com/watch?v=ssBqE189ezU

/pmg/ at 44:30

!!!!!!!!!!!!!!!!!!! VERY IMPORTANT !!!!!!!!!!!!!!!!!!!

Super Ebay deals frog here.
I wanted to keep a super deal for me but it happen i bought so much silver the past few days i reached my monthly max on my CB and can't spend any more.
So i'll share with the frens instead.

https://www.ebay.fr/itm/Lot-de-154-PIECES-de-5-Francs-SEMEUSE-Argent/233901004908?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2055359.m1431.l2649

It's here : 49.51oz of 5F semeuses, 30 minutes left.
So far it's going for 940€, so 18.98€/oz. Fucking sick deal.
If you buy it and are a frog, you owe me a fresh beer one of these days!

>>29496350
Screencapping this for when you deluded silverfaggots are wrong (again) and nothing ever happens

>>29496350
>https://www.kitco.com/charts/livesilver.html

They have silver to last till summer. Nothing will happen on wednesday. shills are trying to pysop a non event and then they will say how did your boomer rock investment turn out. You cant bet against JPM COMEX etc.

Summer is when the real bull run will start!

>Silver
>Not the superior steel

>>29497446
Screencapping your screencap to mock you rn.

>>29497419
>the nigger is also a kike

>>29497284
>if you want to make any money stick with crypto
thanks for being honest.
Premiums will go up, not the spot price, and then it'll go back to normal. Good luck with this useless endeavor.

>>29497489
CLF anon. Not going to lie you made me some money. But I sold to cover margin. Why do you shill constantly when the US is not going to buy US steel. I know clf exploded in 2011 is that what you are counting on?

Reminder that the ugly reddit nigger thinks of himself as a dumb monkey
https://youtu.be/jcWSHMogwjk

24 HOURS
SCHIFF PREDICTED THIS

>>29497299
Damn, it sucks to be poor, i hate it personally. Especially since i'm cucked out of this deal because of another -way less interesting- deal i made yesterday.
I wish i saved my shekels for this one... Oh well, can't have it all i guess!
And for the beer it's when you want fren, i'm in the 91, and you?

>>29497446
I hope silver crashes back down to $11 so I can buy more. Imagine trying to poke people that literally have nothing to lose by the price going in any direction.

>price goes up
>stack worth more, yay
>price goes down
>buy more for cheaper, yay

Only the most retarded people are trying to 100x silver like it's some fucking shitcoin. And only the more retarded are throwing their life's savings into it

>>29496350
It won't happen. I wish it would, but it wont. It never happens. I have stacks though so I hope it does. It wont though. It wont because I own it, so it will never moon. Anything I buy either crabs or goes down. Every time. Want housing prices to go down? Have me buy one and they will crash forever.

Fuck niggers
Fuck kikes
Fuck trannies
Fuck phillies
Fuck jannies
Fuck reddit

Silver isnt a PnD. You buy and hold for generational wealth.

>>29497387
kys scamfag

>>29497932
True to an extent, although most generational wealth has a yield (ie. real estate that's rented out)

>>29496652
I had a dream they did a love action warhammer 40k movie and they cast the water filter merchant to be a commander of the guardsman

>>29498000
wtf are you on you triple nigger? You clearly are a newfag here. GTFO of my general

>>29496350
>Are you anons ready?

I'm not ready. There are so many meme coins I want to collect

>>29498263
>I'm not ready.
You had 5000 years anon...

>>29496350
No, that's not what will happen. I wish it would, but it won't. What will happen is hyperinflation in the next few years, and that's why it is a great idea to stack silver. But still, a silver squeeze with prices of 1k in the summer is not just unlikely, but almost impossible.

>>29498108
Gotta get on that local coin shop gang.

>>29497446

I can't wait until the collapse so you idiots get put up against a wall by a communist and fascist. Meanwhile my BTC will be frozen forever.

>>29497841
Silver 100x is not the same thing as a shitcoin 100xing or a stock 100xing. You don’t need to put your life savings into silver, but if you did it wouldn’t matter because you can’t lose owning real money

>>29498263
You had 3.94 billion years anon.

>>29497904
>Want housing prices to go down? Have me buy one and they will crash forever.

Kek

>>29496350
You mean like GME? Kek big money can do whatever it wants

>>29497626
Anon that low key shares Labrador Iron here, I'm still in Vale and Labrador. I have not touched CLF and X for a while. It's hard when Barrick is under 20 friggin dollars, but I'm heavily exposed to PM at the moment.

What's up with all the doomposting today? Is it because everything else is collapsing around us? It should cheer you up frens, it's EXACTLY what we predicted : all the $$ stored in fake, digital 'assets' like tech stonks and shitcoins is getting wiped out, and all the money left will rush into gold&silver. Exactly as intended.
Even the fake spot and miners are hodling exceptionally well while everything else is getting obliterated.

We should be happy frens!

>>29498022
The yield on silver is the inevitable reality that world governments will NEVER stop printing fiat.

>>29498545
Have about 25k in physical and 10k in junior miners. Got in early so my body is ready for the moon mission. I just want a farm....

>>29496350
Fuck you, larping piece of shit. Nothing will happen except you drinking a bucket of your dad’s cum

>>29497284
So goldbugs were the masochist schitzos all along?

Isn't it also speculation that PMs would be the things to hold during a revaluation event circa 2020s?

>>29496350
I'm ready.

>>29496350

I feel like I been hearing about this shit happening since 07.. Give it a rest. Your Silver stack is never going to moon.

It won't because as soon as the price rises everyone gives all the silver back. Oh maybe we should take these old silver spoons that great Aunt Edna kept in this box.

>>29496350
Alexis needs your silver

>>29498379
I never sell and I'm depressed. Its my 21 birthday today and I have no friends. Money doesn't bring happiness to basement dwellers. Also im a virgin. Should I buy a hooker today?

>>29498701
>It's hard when Barrick is under 20 friggin dollars
Ok, here is the only reason to be fucking pissed. Each time you buy a dip on this shit company a new lower dip immediately appear.
Wtf is wrong with them seriously? They already are down 30% and somehow manage to go down even lower with they are the mastodonte of the industry and are showered with great news.
Nothing make any sense with this clownpany.

>>29498701
>I'm heavily exposed to PM at the moment.
Same senpai.
I want to get into uranium but I am hoping I can take some gains and move it into UUUU for a long play. It is interesting finally seeing the average Joe’s talk about silver. Really has me hopefully of actual price discovery. That said who knows what could happen. This year has already been the most wild ride of my life.

>>29498899
This. Silverbugs are SELLING, not participating in muh shortsqueeze.
This is why we suddenly have old Engelhard bars back on the market.

>>29498984
Also silver is for gay fags.

>>29498984
Happy Birthday anon. Go to church anon. Things will get better. Buy gayhorse.

>>29498424
By mid term elections is my guess. The year will end with closer to $40 silver probably the high $30 range.

People expect it to kinda just blow up (it will) but its a slow build up. We aren't even half way done with Biden's first 100 days and got a few months till the federal fiscal year is up. We will have alot more answers as to when around then. Also the 3rd round of stimmies hasn't gone out yet and thats gonna throw more into the mix.

>>29498899
This. Imagine if silver shot up $5 tomorrow, the amount of physical dumped on the market would be astronomical. The market cap of silver is higher than even cryptos

Waste of fucking time. Hold cryptos if you want to get rich, hold a small % of metals just in case for shtf/generational wealth

>>29498741
I am happy anon. That said drastic change is always worry Some. Something feels off, which could be the fact that we are about to see such a monumental change. I greet this with optimism because we have fake food, fake money, fake interactions, and fake politics. I long for a day when things are real and I am hoping it happens with minimal destruction and death. I am worried enough that I am looking at large sail boats so I can take my belongings out of the country if things go that sideways. Interesting times friend.

>>29498845
>Isn't it also speculation that PMs would be the things to hold during a revaluation event circa 2020s?
No. In a financial collapse all imaginary tokens are reduced to $0.00. An internet connection will be too expensive, let alone electricity or gas for the generator. Remember as the Soviet Union collapsed teachers were getting paid in vodka. Remember as Venezuela collapsed 1ozt could buy a month's worth of food.

You cannot and will not be able to being your bitcoin to the grocery store.

>>29496350
Uhhh what if I still want my cheapies first

>>29499255
> Hold cryptos if you want to get rich
Want to TRY to get rich.

>>29499064
No they're not. Go look up guys calling bullion dealers on youtube, all the dealers say no one is selling. I buy from a place around the corner that hasn't had any 1oz rounds for three weeks and they say they'd normally resell any they get but nobody's bringing any in.

Who would sell precious metals while we're staring down the barrel of the worst depression ever?

>>29498984
Happy bday anon. You have more real friends on an anime image bored than you will in your life
>Should I buy a hooker today?
No, save that for a special lady. Sex is over rated and hookers will give you genital warts even with a condom
>t. Former degenerate whore monger who found God.

>>29497387
Last update becuz i've to leave now and can't come back before an hour or two :
8 minutes left.
Price is now 995€, so 20.10€/oz.
Less interesting but still a great price way below spot (though it could change at the last minute, as usual with ebay).
Let us know if you won the auction!

>>29498845
No, the silver market tidal wave will make Crypto look like a toddler splashing in a mud puddle. All I meant with my comment was if it's a lambo you are looking for, you aren't in the right mindset to own real money. When the silver switch is flipped in humanities collective mind Lambos will not be of importance. We saw a little bit of this last year when Corona chan first hit you saw a little glimmer of people's priorities shifting on a global level...

The shift in consciousness that will happen when silver becomes valued again will make the 2020 pandemic look like an all inclusive beach resort vacation.

>>29497513
Post screencap of your screencap of his screencap so I can screencap for the lulz

>>29498984
Yes

>>29498984
Happy birthday bro.
>Should I buy a hooker today?
No, too expensive. Wait till they only cost a dime.

>>29498941
I'm going to pay alexis in cans of fucking catfood for a video of her seeing how many billiard balls her sister can help her stuff in her asshole after SHTF so there we go

>>29499311
>Venezuela
Literally the whole country uses bitcoin now though.

You think a grocery store per we will be around in that scenario? Kek.

I will never be able to explain to a boomer goldbug why bitcoin is the hardest money and in the shortest supply right now. They look a me like I'm a senseless retard, or ramble out it's just a digit etc etc, despite trying to explain supply on a basic level.

I quit trying a while ago. I don't attend the old forums I used to. I hold both, but there's no way I can make a boomer understand that digits are in shorter supply than gold.

>>29499851
>I will never be able to explain
Because it's a ponzi scheme.

>>29496350
in eu they said 5-7 days until delivery last week, they said 7 days this week. Apperantly they have plenty on stock.

>>29499433
That shift isn't in metals specifically but in hard money and Austrian economics. Metals are in focus yes, but it's myopic to disregard that that's not the only thing getting attention in the shift

Honestly, I don't think the March contracts are going to cause a Force Majeure. I definitely think we are heading that direction and very possibly even this year, but I am skeptical that it can be pulled off with March. I *do* think March is going to be a massive month that drains 100 million of the 135 million registered ounces. I just don't want people having expectations that don't get met and then get demoralized. We are REALLY close, but this is a decades long fight already and it's not a 3 week campaign. It may be a few months still.

>>29499255
Are you retarded? The market cap of investable silver is about 40 billion USD.

>>29499851
Bitcoin can't work as a currency. Maybe as a store of value.

>>29499370
>>29499370
Fellow LCS surfer my man! These keyboard warrior basement dwellers who don't interact with the general population have no clue what's going on lol. The only coins he has are a few that randoms are selling for a quick buck but bulk buyers are calling him and no one is selling.

>>29496350

Hope that you all have your Basedhorse shares ready so that you can collect your silver dividends when the COMEX defaults, anons.

>>29499851
Gold is finite. Only so much in the universe
Digits are generated and not physical or tangible so infinite as long as you can keep electricity
I won't be able to explain it to you tho cuz you must be 18 to post here and you're late for school little jonnie

Its been on the verge of booming for decades, any day now (lmao). You are all retards, silver will not boom anywhere, it will be supplied by KGHM to London exchange and if there will be shortages on comex, they will just do some arbitrage, to keep price even. Thanks for reading my blog, don't be me and don't invest in silver, although I like to play with the big coins but thats about it for value.

>>29500086
What is the investable physical amount not counting industrial or paper etf’s/derivatives?

>>29500132
Just remember, your silver eagles have a face value of $1 for a reason

>>29500229
I'm already up $135 over the course of a week. Would be up more if I went all in and got my 5k shares originally instead of doing them over time. It's nothing but it's my first time messing with stocks, stocks are fun.

>>29500229
70.000 shares here. Hoping for divitendies

>>29498773
>25k physical 10k junior miner
Should have gone 10 in physical and 25 in miners if you're trying to maximize fiat gains. Junior miners with an established and proven operation and successful past, such as Bayhorse, are going to have their stock appreciate far higher in terms of fiat in comparison to silver fiat spot appreciation. You have good positions regardless though, anon. YGMI.

>>29499851
A..Anon I need some water, Check out this crypto I have. Once I get wife service ill totally send you some. I'm good for it trust me anon. Can I please have some water/food/ammo?

>>29500229
how will the hatman find out my address sho he can deliver?

>>29499722
oof, that gyno

>>29500422
>>29500472

>>29500517
Same way that a bullion dealer sends you bullion.

>>29500229
400 sharelett here. How many shares to qualify?

>>29500484
Thanks friend. I was stacking physical before I became aware of the minor situation hit 1000+ ounces then went into minors. Wish I had done your suggestion but didn’t know. Also have been unemployed for the last year and unable to get a better position. that said looking forward to making it with you! Godspeed good sir!

>>29500419
Yeah so I can carry them and bring 10k of them to do international drug deals m8 never need to clear customs

>>29500472
70 or 70,000?
>>29500419
Just remember crypto has a face value of $0 only what you're willing to pay. And whos to say I won't melt it down for the weight?

>>29500499
Yeah, you can have all this variety of shit I bought with crypto, including silver eagles and tenth ounce golds. Oh yeah, I diversified, unlike doomed boomers

Fuck why do I like shiny things so much. I can't stop looking at pictures of silver, am I autistic?

>>29500569

>>29500086
>The market cap of investable silver is about 40 billion USD
And miracle winner Joe is printing trillions. Somethings gonna give.

>>29500046
>muh ponzi scheme
What is this, 2013?

>>29500688
>dipping your toes into retarded temptation
Not playing is also a winning strategy, and it doesn't expose you to retarded and arbitrary price swings.

>>29500679
70,500 shares of bayhorse

>>29500422
Already up $300 just today

>>29500809
>using [current year] argument
What is this, 1106?

>>29500816
>retarded and arbitrary price swings
Good thing you guys have the comex to help with that, kek

>>29499722
Why does this dude look big yet small at the same time? Like his muscle definition doesn't match his size, I don't know how to describe it

>>29500340
>Gold is finite. Only so much in the universe
This is true about literally every item on the periodic table, mufugga. I've got some Carbon over here that I'll sell you for the low low price of $999 an ounce. Get it while it's hot!

>>29500688
You one of the smart ones but that proves my point. Its not going to do anything on its own and in many situations is worthless.

>>29496350
>Here come the silver squeeze chads right as amc makes a reappearance
What are the odds I wonder.

>>29500959
>being this retarded
here's your (you) now fuck off.

silver faggots are the fucking worst. been predicting shit for the last decade. fuck off with your boomer rocks.

>>29500847
7k ish?

>>29501031
You have to go back
Immediately or sooner

>>29501062
>>29501119
Listen for a minute retards. I'm not against the PMs but you are betting against a massive cabal including consumer companies. Don't get too myopic

>>29499609
kek

>>29500229
finally decided to buy today, thanks

>>29500973
narrow shoulders and poor chest development

I paid a hooker with 1 oz of silver i can fuck her 30 times now i showed her the average price of a hooker back in the day. I told her eventually 1 oz of silver will be worth 4k USD she was so happy getting silver pilled and i have 27 fucks left right now thanks to the anon that did the hooker research regarding the silver you had to pay for a prostitute back in the day.

>>29501142

>>29501345
I only buy silver so I'm not myopic at all

>>29496350
Why do you think this is going to happen now? It really cannot happen now, friday is wage day. I need to buy more mining stock. FFS.

>>29501538
[X]
Was a good story dough

>>29501163
Anon, I know you are about to get raped by the tether fiasco but no need to be sucking dicks before it happens.

>>29501345
>massive cabal including consumer companies
They can't beat God. There's only so much physical silver available, and when it dries up there's only lies left. Worthless paper. And when folks trade in that worthless paper (SLV) expecting silver but only get more worthless paper (fiat settlement) the lies are exposed and the game is over.

You can't print your way out of a sea of paper.

>>29500046
>inb4 NOOOOOO YOU CANT SAY THAT YOU JUST DONT UNDERSTAND! BOOMER!
Top kek at these crypto niggers falling for the most ridiculous money psyop ever. Unless you're one of the people who were in on the ground floor using it for darknet transactions for drugs and what not, and just sat on the few hundred coins, you didn't make a 100x on buttcoin. Truly hilarious how they call everyone in the pm market a boomer when the boomer generation is overwhelmingly in fiat in commodities or stocks, not gold and silver.

>>29499258
World ended in 2012.

>>29501733
I own land, have silver, guns, ammo, water, and seeds. I was asking a question to get some perspective on how much its been moving and how well you might have been doing.

>>29501823
Yeah, its really weird that they don't seem to get that Boomers by and large aren't exposed to anything in PMs. At most they may have some money in gold Roth or some exposure to COMEX ETFs through some fund they're in, but that's usually it. Having an old sock full of peace dollars is a silent gen thing more than a boomer one. Its almost like the term 'boomer rocks' was invented by some people very good at memetic warfare that wanted to corral midwits into the cryto space and socially shame them from wanting actual gold to go along with their 'digital gold'.

But surely, no one would even use engineered consensus and shaming tactics to steer investment perceptions. That could never happen.

>>29496350
you wish. just ain't happening. accept your reality and move on to a less boomer asset class

>>29500229
30k shares here. Getting excited for those silver dividends.

>>29502302

>>29500229
How much will you need to qualify for dividends?

>>29502276
I've noticed the boomers that do have PMs are just sitting pretty and doing what they have been doing (stacking). The majority of new buyers are people 25-40 at least from what I have seen at my local shops and groups.

>>29499015
I love GOLD cheapies.

>>29499032
>UUUU
I prefer western uranium and cameco at these prices

>>29499064
Maybe a small portion. How will they replenish the stack? Do they think this is the collapse? I doubt it.

>>29501823
The last generation to stack were those BEFORE the boomers. Boomers were the ones who sold all their family jewels to the WE BUY GOLD/CASH4GOLD pawn-esque programs that played overnight on the infomercial circuit.

>>29496350
I don't get it. I only make money using crypto, how the fuck are there still non boomers trading boomer metals? wtf

>>29497640
monke like shiny
return to monke

>>29502881
Have you done your taxes this year yet?

February is not a delivery month.
Even if every contract took delivery that wouldn't break the comex.
March however is a delivery month.
If even a third of contracts took delivery in march that would break the comex.
Tomorrow is about seeing what February deliveries IMPLY about march.

>>29502964
I don't need to pay taxes on crypto till I cash out in my country

>>29502881
Get educated now anon. The fireworks in the coming months are going to be spectacular.

>>29503090
Fuck, I think I have to. As an outsider to the boomer markets everything seems old and slow. Metals seem even more so since they predate boomers by thousands of years

>>29502276
In the 90's 3% of Americans held physical Gold or Silver. Today it's only .5%

>>29503059
Just remember when US currency goes up in smoke so will BTC.

>>29498941
she cute
she gets the dime

>>29502276
It gets even more ridiculous when you realize that 90% of the people holding their preferred favorite memecoin(s) don't even understand how it works and how it interacts with the economy, not truly. Probably 95%+ of crypto holders actually desu. And you can't really blame them for that. It's just insanity how many have bought into stuff they don't even understand.

>>29502759
>cue late-night infomercial
>"HEY THERE BRING DOWN YOUR GOLD TO GARY'S PAWN SHOP. WE'LL BUY ALL YOUR GOLD, SILVER, AND JEWELRY RIGHT THERE ON THE SPOT! DON'T WASTE TIME THOUGH, COME DOWN NOW!"
Yes, just go and sell all of your families generational fine jewelry, gold and silver, all your heirlooms, sell it all at your local pawn shop for a quick payday. Gee, I wonder what nose was behind getting that scumbag industry off the ground of buying everyone's gold/silver and jewelry at heavily suppressed prices with fiat.

>>29503244
The next few months will be anything but "slow". Its true we have been waiting a long time for what us happening right now. But its finally actually probably here.

>>29497489
Why y’all keep spamming CLF?

>>29502365

I wish we could put this meme to rest already with how many times we've had to fucking explain it. The divvies were offered to a small number of private investors as an option. CEO said he would like to do physical silver dividends but the company has a long ass way to go before it can even pay dividends in any form.

First Majestic just started beginning this year and they've been profitable a lot longer than BHS has. They have debts to pay down and more exploration work to finance.

>shitcorns crashing
>meme stonks crashing
>gold & silver holding super stron
>pmg immediately get flooded with 60% of seething FUDshills
Really activate your almonds, doesn't it?...

>>29496350
but who will buy your coins for $100? nobody. they will wait until it goes back to $20.

>>29503699
Digits suggest you know the nose...

>>29501345
we are not only betting against them
we are bleeding them out
if fiat collapses and all trust in central banking is gone they have to fund their machinery with taxes
normies will notice and they will end it

>>29503863
>1 post by this ID
>nonsensical, low energy rambling FUD
Every. Fucking. Time.

>>29498741
agreed.

>>29503863

>>29496350
I just got 20oz in the mail im fucking ready boys.

Haha holy shit so this is what it felt like to be early to the BTC party

>>29503796
I'll be happy to wait a couple years. Who really knows where the pony will be by then. Personally I like the cowboy hat guys attitude and perseverance. Could be me except I wear a faded green cabelas hat and have hair.

>>29504795
>and have hair.

I feel personally attacked as I'm beginning to bald at 34.

I'm in for the long haul myself, I have lots of other plays in the sector, but I will allocate money to more mid-grade producers to offset investing in so many late term explorers.

>>29496350
It's pretty funny they again pushed the price down today... one should assume there's money enough incoming now from sold cryptos today, just like yesterday, when the price moved up 3%...

>>29503796
>The divvies were offered to a small number of private investors as an option

Actually they were offered to all existing shareholders.

> company has a long ass way to go before it can even pay dividends in any form.

Not really. They're producing right now.

>First Majestic

5 billion market cap company, not comparable and doesn't even 10x as much leverage as BHS.

good day to you /biz/, what are the main junior miners you would recommend investing into before silver explodes?

>>29504202
have you ever tried selling physical silver in a rally? i did it's not happening. spread grows huge between sell and buy price that is all.

>>29504315
now try selling it!

>>29505246

>>29505366
WSS needs to learn about BHS

NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER

lmao so many little noobies are going to learn the hard way why investing in physical silver is retarded.

FFs at 30$/oz, 480$/lb. Say its 500/lb
1000$ = 2 lbs
10,000 = 20lbs
100,000 = 200 lbs.

For you to actually make any real money off silver, you need at least 200 lbs of it. Good luck carrying that shit around for the next 10 years. Oh, and don't forget, when you eventually sell it, you have to take a mad retail discount to the dealer.

So many silver bagholders are being created.

>>29505257
This is pure bull, you can always sell your silver successfully on ebay, shpock, craigslist, for more than just the spot

>>29505457
What is so special about gayhorse?

>>29505457
>We need to introduce the nigger loving commie-lite trannies to BHS
>And bring wild volatility with it
Yes, I'm sure BHS would be very thankful for putting their shares into the hands of a bunch of unironic commies. Just leave it be, anon. Their success isn't dependent on how much they get shilled to plebbit commies, or even /biz/. That rocket will happen by itself. Let our anons learn about it and load up on their stocks while it's still low.

>>29505734

"Did you know that the average penny silver stock went up 150 times in price, when the price of silver merely doubled? Think about that for a moment. The AVERAGE penny silver stock—I'm not talking about one or two stocks here—the AVERAGE one—went up 150 TIMES—when silver merely DOUBLED. One company, Coeur d'Alene, even went up 1000x! Does this sound unbelievable to you? Well, trust me, it’s really true. It happened between 1962 and 1968, and similar things have taken place in subsequent silver bull markets. The data is common knowledge among academics, and is right there to read in Doug Casey’s 1980 classic economics book “Crisis Investing.”

Bayhorse Silver (TSXV: BHS; OTCBB: KXPLF; FSE: 7KXN) is one of the only penny silver stocks which can DEMONSTRABLY go 100x from here at $60 silver. This is on the basis of imminent production (1.3 million ounces per year) and future cash flow (cost per ounce as low as $7) at a 30x cash-flow valuation, vs present market cap, which is minuscule—only $20 million! At $60 silver, you could turn a $1000 investment into $100,000. At $1000 silver, Bayhorse might go 2000x—you could turn $1000 into $2 million!

$60 silver is obviously inevitable. But what’s more, the COMEX is going to break, imminently. 20-day deliveries of 10.4 million from 02/19/21 are the highest amount ever over the past 20 years. If that breakage happens, silver could go anywhere, from $500 to $5000. Where is the price of Bayhorse then? Don’t miss the opportunity of a lifetime in BHS! We’re still at rock bottom, and, without exaggeration, this investment might be bigger than 2011 Bitcoin."

(1/2)

>>29505734
>>29505827

"1000x for BHS is pretty simple to demonstrate. Don Durrett says that that it is common for miners to trade at a 30x cash-flow valuation in miner bull markets. This can be the case even for one-mine producers. Starcore International Mines, a one-mine producer in Mexico which is similar to Bayhorse, did actually trade at a 30x cash-flow valuation in the ’01 to ’11 miner bull market.

These calculations were done for a $20 million mcap and BHS is now trading at $30 million but even so they're not too far off:

It is generally agreed that Bayhorse can produce 1.3 million silver ounces per annum. At an AISC of $10, this means that Bayhorse could conceivably go 100x at $60 silver. In other words, a $1000 investment would become $100,000.

[1.3 million x 60 – 10 (50) = $65 million cash flow, x 30 = about a $2 billion market cap.)

Extrapolating from here is easy:

At $120 silver, Bayhorse can go 200x.

At $240 silver, Bayhorse can go 400x.

At $480 silver, Bayhorse can go 800x.

At $960 silver, Bayhorse can go 1,600x.

(This last figure means that a $1000 investment would turn into $1.6 million.)

In the '60s silver bull market, Coeur Mining did actually go 1000x when silver merely doubled.

(According to ShadowStats, $960 was actually the true inflation-adjusted ATH for silver, in 1980, so it's perfectly possible to see it again.)"

(2/2)

>>29496350

>We break $50 before Friday. $100 by EOM. $1k by Summer.

Lol. Ok. I like silver but that's not how this stuff usually works.

The palladium price move over the last couple years should give a good guide of what is a reasonable expectation. IOW, your price targets are fine, your timelines are nuts.

>>29505353
>now try selling it!
>sell
HA!

>>29505520
Didn't read
Never selling

>>29500499
>wife service
Yep, the fate of crypto holders wives

>>29505457
no
we need to accumulate more ourself

>>29505520
That's why you sell it on the internet, retardo.
But I indeed wish you good luck for the upcoming inflation. You will find out that your fiat doesn't even keep you warm

>>29505172
I'm on the BHS train, but these things don't happen overnight and you know it. 1.3moz of silver doesn't teleport from the ground onto pallets of 1000oz bars to be sold overnight.

The reality is that if silver explodes before BHS can prove production (and I believe they are producing but the market isn't taking notice), then they will lag behind. Their streaming deal with Ocean would probably be reaffirmed if the terms are good. It'd much rather see them reinvest the money into expanding the mine and exploring their other resource before paying dividends. But who knows, maybe cashflow will be so intense that they will have nowhere else to shove money into except back to shareholders. I'd like that.

>>29505160
There are a LOT of options contracts that will be in the money above $28/oz. So they will manipulate it to just under. It's the same shit whales do with BTC, like what F2Pool just did with BTC and the supposed short they took out.

>>29497904
Not today Bog

>>29500499
>Honey, did you pay the phone bill today?
>Awesome I love you!
>Those shiny dimes you keep finding sure come in handy babe!

>>29505520
it's impossible to bag hold silver

>>29496350
My orders are going to be processing for the next month and then they're going to cancel them, earning interest on my deposit and giving me back currency that's worth even less than when I had it. I'm calling it now.

NO
This cannot take off yet
My deposit hasn't cleared yet. Please tell me I can still get in on Friday

>>29507451
It may rise between now and then, but it's not going to moon by then. You are still relatively early.

You guys missing a gem $MCM aka Mochimo.

>>29505734
Microcap with massive growth potential if silver moons

>>29507591
Thank you. I'm going to put 1.5k into once my deposit clears, and see where it takes me

>>29507677
Checked. Just remember, this is a fight that's been going on for years. It's tied to the monetary system. They will fight this in many ways. But in the end, having physical on hand will be a good thing, but there may be opportunity costs...but it's comfy af. I don't think COMEX is defaulting this month, but it's very possible this year. We could still see big gains as they start to lose the ability to smash prices though. So line could go up before it moons. It could also crab for a bit. But just stack ounces, and don't fret day to day price. Silver is going to be a good investment with high inflation and a massive new demand for silver in green tech industry.

>>29505908
Thanks for these numbers anon. I believe.
Also imho, with incoming inflation bumps and the dollar purchasing power dropping, silver will hold wealth through these trying times.
Pic related.
https://www.goldbroker.com/charts/silver-price/ves

>>29507677
If OP is right it will moon tomorrow. If he’s wrong, which he probably is, then you still have a few more weeks

>>29508146
It will moon. Just look how strong $AG has held up.

if these theories about the comex defaulting and silver becoming prohibitively expensive come to pass, what are the odds that a lot of silver mines get nationalized? it would certainly make more sense than trying to confiscate silver.

>>29508680
I hope to god you're wrong. My bank transfer to interactive brokers is being bogged.

>>29508871
Sorry, fren. You had at least a year to buy cheapies.

>>29509001
Aaaaa as long as it doesn't go beyond 0.2 in the interim.... i'll take the hit.

>>29497513
Wasn't there supposed to be a silver short squeeze like 2 weeks ago bro

>>29509153
if it makes you feel any better, I'm not selling any of my position for a long time.

>>29509298
Rule #1 of investing and life in general:

Be suspicious of anyone that predicts something big will happen on a specific time/date. They are mostly liars and charlatans. Never in /biz/ did a dated prediction come true. No astrology predictions, no "comex default soon!" predictions, nothing. They were all wrong.

There is a reason why the Bible says that anyone that predicts when the Apocalypse is going to happen a sin. Ironic considering how tons of bible thumping Christians are busy doing crazy schizoid mathematics predicting Judgement Day in the name of Christ when God himself said what they're doing is a sin. Retards.

>>29508855
Checked
If they try and confiscate silver they're getting lead

>>29509298
It's not so much a short squeeze as it is a run on the COMEX due to a complete tightening of supply of physical. It's not a two week affair. This is not GME. It's going to take a few delivery months before the COMEX will default most likely. When you have a massive global commodity supply chain, it takes time for the breaking to be felt throughout the entire thing. The first step was always cleaning out retail investor silver. It's up to the point now where industrial 5,000 bars are VERY hard to get and almost impossible to get immediately. Hence, the increasing number of futures contracts on the COMEX taking delivery of the physical bars. This is what will do it, but it may not be fully accomplished in one month. March will bleed them of a lot of metal, but it may take May or July to see force majeure.

>>29509800
>killdozer patch

Based and checked

>>29497387
>https://www.ebay.fr/itm/Lot-de-154-PIECES-de-5-Francs-SEMEUSE-Argent/233901004908?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2055359.m1431.l2649
Nice stack Francobro.

>>29509748
Great set pal.

>>29509757
show me where in the bible it says that

Is 100oz silver + 10oz gold a good suicide bag?

>>29497284
You expect silver to skyrocket but it's not about lambos?

>>29511435
Anon silver can easily go to 1k per oz and gold probably 10-30k

From their it’s anyone’s guess but if you had 500k to spend property will probably be cheap and you will have constant income. It’s how you invest it.

>>29511774
It's about people realizing that fiat money is worthless and going back to a commodity backed dollar. It's happened at least a hundred times before in history. State says here take this paper and eventually people suddenly and painfully wake up to the fact that the paper is worth nothing and they insist upon trading goods instead.

>>29500229
which broker sells gayhorse

>>29512365
Agreed, but a moonshot is part of the revaluation when the prices is suppressed to such absurd levels.

>>29496350
I placed an order for some coins a few weeks ago, and they still haven't arrived.

Hoping these faggots didn't just take my money and plan on keeping me waiting until they get more in stock.

>>29512544
Schwab is the one I use.

>>29509800
>Anime sticker

Be honest, how many child sex offender lists are you on?

Boomers most def have not been stacking. They sold dad's stack for RV's and Weber BBQ's.

Im sitting on 50k in mircocap miner. My body is ready. If I make it I'm gonna open up an RV and Weber BBQ store.

Goldstein says btc is bullshit. I’ll side with $KIKE over $GOOK if I’m given the ultimatum.

This is not a drill. If not this time definitely this yea. At some point this year silver will be unobtainium

>>29514002
People don’t realize, the silver squeeze has been ongoing for at least 10 years. Too many moving parts and manipulators to make a deep enough dent in the price. If you’re going long it’s a great buy. Don’t expect this shit to break out in less than 3-4 years. Silver bugs always get an itch for paper when it hits 50. If it blows past 50 I’m in.

>>29511075
thanks, anon. i love you, too.

>>29498941
Every time.

TWO MORE WEEKS YOU’LL SEE

>>29499851

bitcoin's protracted first-mover advantage doesn't alter the fact that other cryptos exist.

>>29499311
>If there's a collapse then xyz
I see this stupid shit all the time.
A currency collapse doesnt mean there's suddenly no more internet, no more food, roving gangs of murderous bandits.
Look at Weimar Germany. Yeah they had massive financial problems but things didnt just grind to a complete halt.
Now, the USA situation will be much worse than the Weimar Republic but its not just a choice between "collapse" and "no collapse". You can have a financial collapse and still have internet and food available, people just trade it for something else.

>>29505908
thank you for the DD anon, that's insane

>>29517935
Current murrika is worse than postwar Germany

>>29506164
well you should you are buying something that will maybe one day go to a $100 at merchants but thy still only gonna buy it for $22 from you. you are literally cucking yourself.

>>29505678
who the fuck would buy unverifiable silver there?
jesus

>>29508855
What happens to your shares when this happens? Do they just pay you “fair value” to buy you out or something ?

>>29518035
You're welcome, hope we all succeed together.

>>29508146
>>29508680
>>29508871
>>29507677
AG Majestic or BHS guys?

>>29519063
AG - safer, 10x potential at $60 silver
BHS - risk of black swans but 100x potential at $60 silver

>>29519063
why not both? 70/30 AG/BHS

>>29518090
Eh post-war Germany had alot of dead males and an influx of women, if there was any a time for society to grind to a halt it was then but they survived.

How do I buy shares of bayhorse?

>>29519675
ya, gonna do that. thanks anon

>>29519138
thanks anon

>>29520511
checked. don't ignore GPL or First Mining Gold (Keith Neumeyer from First Majestic's gold company) for your gold plays. good luck, fren.

>>29497568
>Premiums will go up, not the spot price
Friend spot prices are a reflection of long standing premium. Go anywhere, you will find premium is about 24% above spot and has been hanging out there for a while, while everything else goes up in the market, thats not normal. Silver spot is purposefully being suppressed, yet every single retailer is selling 20% above spot.
The "normal price" you mention? yeah, thats going to be after silver adjusts. When no one can collect on silver, anymore, tahts going to drive premiums up, and they are going to stay there because everyone wants to collect on their silver, after a while, that spot is going to go up to match the premium.

The spot price of silver right now is akin to the usher of the titanic telling everyone that every thing is ok, the ship is not sinking, despite being half way in the water.

>>29521660
kek, this. the "squeeze" is already happening. more miners will continue to follow Keith Neumeyer's the top of this page:
>Current Silver Bullion Price: $US35.00 per ounce
the con is running out and will follow other metals like copper and then uranium will rise along with its spot price. we are headed for the biggest commodity supercycle of all time.

>>29522073
>follow Keith Neumeyer's lead. Go to the top of this page.*

>>29499064
>silverbugs selling
Those guys will die with their loot buried, they won't even leave it to their descendants

Should I buy bayhorse shares or silver?

>>29500610
5000 im pretty sure

>>29522310
both, but if you are looking multiply a small amount of fiat then gambling on miners is the way to go

lol just for shits and giggles i looked for copper rounds, just because i mean hey, what if i just want just the previously well to do house wife, and not her daughter for a night.
Fucking everyone bought copper as well lol.

>>29498984
I'm 32, young padawan. Didn't lose the V card until 23. Just make money and you'll be fine. If you still haven't by 31, then use your money to buy hookers, but only after you already bought important shit.

>>29500229
Where the FUCK can I actually trade Bayhorse? Both Fidelity and Webull wont let me do it

>>29497568
yeah i literally don't understand why this thread is even here
reading the replies its something about jews and trump and some other halfbrained thoughts

>>29522590
TD

>>29519736
Fidelity works well for me, but it's gonna take like 1-2 weeks for your funds to settle

>>29497358
kek

>>29505520
Ah, a retard appears. My smelter pays 98% spot for 999, full spot for government issues, and 95% for 80-90% and this was pre-pinch. There are dealers right now paying over spot. 200 pounds is retarded. Having any means you make money.

This narrative pops up every delivery month. Some months it catches on more than others, but the end result is always the same.

>>29522814
>smelter

>>29513197
Underrated post.

My junior gold miners got crushed today. Good thing I didn’t seld lel

>>29522590
Buy $AG instead

>>29498505
I see the British are going back to basics

>>29501031
The quantity of a resource is just one of many criterias. Gold is different for many reasons. Educate yourself before sounding like an ignorant retard.

https://www.investopedia.com/articles/investing/071114/why-gold-has-always-had-value.asp

>>29523667
Staying in the water for days? Were these Romans on shrooms or something?

>>29523667
kek wtf

>>29501519
spot on

>>29509800
How does it feel being a slave for a plea bargain?

>>29524622
Not anon. But let’s be real they always try to get a plea bargain. In for a penny in for a pound. Don’t talk to the police and let your lawyer do the talking. But that said it’s better to live one day as a lion than a thousand years as a lamb and prison for any amount of time is far worse than death.

This of course is in the fictional game Minecraft dealing with the creepers at my humble log cabin

>>29519138
thoughts on Dolly Varden and Eloro?

>>29524622
Nigger what?

You could be killing it with in or not silber sometimes you retards with never learn

>>29519138
>BHS
Is that even a real stock? I can't find it in my TDameritrade app.

How do even sell silver

>>29526534
BHS.V It's on the venture market - penny stocks. Some places won't let you buy venture stocks, webull doesn't. TD Ameritrade should but I've never used it.

>>29499064
Silver stackers are the ultimate bagholders, my friend.

Wealth preservation inbound thanks silver for translating my meme coins into solid wealth for reinvestment

>>29524860

ELO has already pumped a lot but it's a good stock, DV is somewhere in-between AG and BHS.

>>29526534
Try KXPLF 7KXN if you can't find BHS.

>>29526534
KXPLF

>>29527813
>>29527832
thanks will look

>>29496350
Don't tease me with a good time asshole

Where to buy BHS?

>>29517935
This year shit is going down and it will go far beyond silver, because of the bankster's inability to 'print' commodities like they print fiat or shitcoin protocols. summer 2021, the rotshchild rockefeller system is going to come crashing down...a historical once in a 600 year event type economic crash. Nobody will be spared. A global metals panic will happen except instead of toilet paper and bleach, fools with fiat are going to desperately search for gold and silver but will find nothing! By end of 2021 we will be in a global precious metal standard with the price of an ounce of silver being the reference global monetary unit for all international banking, pricing of currencies and foreign exchange! This is because the enormous need for industry to physically hoard their own stash of silver once COOMEX defaults will manifest into a global metals panic since silver is a monetary metal.

Can you imagine if leta say the trust funds, big banks and worst of all insurance companies lose confidence in fiat and put 5% of their valuation into silver? AXA alone putting 5% of its cash into silver could purchase all the bullion currently existing. Imagine if it was on a global scale, it would leak to all tangible assets, even wood or grains of sand at this point. It would entirely halt the production of everything and push price discovery of every commodity sky high.

This is why the system needs an exit strategy by creating a whole world of infinite fiat resources that can be created at will : the crypto-space. You can create 100 billions XRP and then tomorrow morning add 100000 billions of a new shitcoin and it wont impact the real world in the slightest. Just sponges to soak up fiat fed printed money!

Silver and gold are the canary in the coal mine because they historically have been money for the past 5000 years and have all the functions asked to be a perfect medium of exchange (fungible, divisible, portable, durable, uniform). GLOBAL METALS PANIC INCOMING!

>>29505520
We are buying it because its going to be value dense in the future.
Not because its value dense now.
Shitbrains.

>>29502982
Anon makes an important point here.

What day in March are we looking at particular? I'll get some funds by the third week of March and I was planning on buying more ounces for my stack and potentially some miner stocks too.

>>29522503
That's so ass backwards dumb.

Literally go to the bank and sort boxes of pennies. You might get lucky and find wheat cents that are worth triple

>>29527813
>Try KXPLF 7KXN if you can't find BHS.
I can't find any of these on wealthsimple.

>>29529557
Metals fulfil the first three well known characteristics of money: unit of account, store of value, and medium of exchange. However, while I agree that tether and other stable coins are just a central bank funneling experiment gone wild, crypto can ensure money expands upon the traditional definitions/functions to become electronic, programmable, and possibly other more nuanced functions that will likely be made clear in the future.

>>29500132
It's a store of nothing

>>29527050
This. It's different when you can physically hold your investment. You end up more emotionally attached to it. In fact, I rub my first 1oz bar all over my naked body nightly.

>>29529557
>>29531574
>I read this pasta yesterday I'm awarewolf
Credit money allowed for electronic transactions so that is nothing new. Money becoming programmable through ETH and other smart contract platforms is new. BTC removed the banks but since they can print unlimited amounts of the dominant unit of account in the world they can essentially continue to funnel their scam through tether into btc and other cryptos.
>>29531721
Math is valuable. I trust the numbers. I trust the cryptography.

>>29531574
I'm not a total skeptic of crypto - I can understand there are some innovations there.

But the I don't feel secure leaving my wealth on the internet. I can't be the only one. The idea that there are all these fucks tinkering with the code and "improving" it makes me terrified.

With bullion, there's nothing to tinker with. Maybe there are QR codes that could be added to bars or something.

I want the most important aspects of my life to be offline.

>>29531940
Short of melting down that silver to determine what it's made of you can't be 100% sure that last monster box of silver is 100% genuine.
At least with btc you control your keys to a fraud proof asset accessible everywhere with almost zero transportation costs.

>>29532003
I think having both is a good choice and plan to cash out some of my gains into silver and gold after this bullrun peaks in December/January.
BTC is just getting started and everything else will moon because of cool logos and shills saying buy x

>>29501142
this

>>29532080
no

Nooo all I have are 24oz I needed more time!

>>29532317
meanwhile in the near future crypto goes into a bear market and your paper gains become worthless just like in 2018. Many such cases!
>>29532383
Fraud does exist anon you know that right? And you know that central entities cannot triple check every single ozt of silver or gold they take right?
So there are no guarantees that if checked the silver would be that of the face weight/purity.

>>29532545
JP Morgan was supposed to be squeezed when they were short tons of silver a decade ago. Guess what happened?

>>29497106
Maybe no Lambo but you'll be able to buy lots of spam, bullets, and mom-daughter blowjobs

>>29532545
I own both crypto and PM. I understand there is fake silver out there. However, acting like a highly volatile internet currency is better is laughable at best.
I'd say they both have their pros and cons. However, for a solid store of value, you can't currently beat holding PM.

>>29532545
>>29532829
Also I'll add to this that electrical conductivity measurements have made faking silver much more difficult. So, no, you don't need to melt down the whole thing to verify it's completely silver.

>>29532829
Yes that was my point because I'm sure if shills can compute different assets have different pros and cons attached.
>>29532691
Nothing happened because metals are a great tool of wealth preservation. If hyperinflation takes over I'm fine. When crypto enters a bear market I'm fine too.
Property would be another good cash out idea that generates income for reinvestment provided you have tenets that will be able to pay rent if hyperinflation takes over.

>>29533026
Neat I'll have to check out those machines thanks anon

>>29508855
This is why it is beneficial and prudent to have a portfolio or watchlist of companies from different countries. This is called jurisdictional diversification. Here is an example:

Dolly Varden (Canada), Bayhorse (USA), Vangold (Mexico), Boab Metals (Australia), Irving Resources (Japan), Tinka Resources (Peru), Silver Sands (Argentina), Silvercorp Metals (China), Silver Bear (Russia), Adriatic Metals (Serbia), Kingsgate Consolidated (Chile)

There is no way that all of these countries could nationalize at the same time. If your portfolio has exposure to at least four or five jurisdictions, and you've done diligence on companies in a few other countries, you're going to be fine even if the slim chance of nationalization comes true in one or two countries.

>>29533083
*im not sure if shills can compute

>>29533250
I forgot Orvana Minerals (Spain)

>>29499370
Ditto this. I’ve been to every coin shop and pawn broker within 50 miles. They’re either sold out and have been for weeks or they’re holding/not selling. Stopped by one today and the guy laughed and said, ‘maybe in a few days. We’ll see what happens.’

>>29534054
I've been happily buying 40 dollar Asahi ounces on ebay from high tx count positive feedback dealers once or twice a week.

>>29529557
Crypto is here to stay - just lol at thinking they aren’t going to back one of the cryptos with a metal. Funny you mention xrp, because that’s the one that will be backed

>>29529557
This is making me pumped for 2021 anon

>every lcs and pawn shop is completely dry
>since mid January
>the 2 silver only stores are completely empty, to the point where the owners don't even open them up anymore since no one is selling
>not even a mercury dime or roosevelt is available
All you dirty zoomers need to realize, this is the worst I've ever seen. Y2k scare, Aztec apocalypse, start of covid, even during the run in the 80s it wasn't this bad. I have no clue how it will turn out, but at least it's a memorable event. I do live in the south, so maybe everyone just went crazy all at once.

>>29535234
based Mexican boomer

>>29529557
Based