/biz/ - Business & Finance

It's a mathematically certainty gold will exponentially rise soon.

>>56814415
>>56814431
did you post this yesterday?
The most electrically conductive metal on earth and gold as well are going to go to the stratosphere as interest rates go up and shit hit the fan with the next Federal Reserve money printing bonanza.
That being said you are harming our species by posting this over and over again.

>>56814494
>don't post good helpful information more than once because you just can't okay
?

>>56814415
Have been for 3 years every month or so.

>If you want to shine like the sun first you must Burn like it.

>>56814597
Behold… The nu-boomer’s final form a net worth under 50k clinging to a past that was a lie and will never again see prosperity

>>56814597
>bayhorse
imagine falling for this meme, holy shit

>>56814644
>never again see prosperity
You're going to be sorry in 6 months to a year.

bump

>>56814415
Any actual recommendations?
If i would buy gold now.. would that be better than investing it in crypto?

>>56815147
anon is only (-8%) on his BHS holdings, that constitutes as a win in CMMG's books. Most are -50% or more even after a run up recently

you know why I don't buy junior miners? your sample size is from one instance decades ago when some con artists le epicly squoze the fake and gay markets. silver mines: not profitable. gold mines: saturated. junior miners are scams, worse than shitcoins, where your money is funneled to some bloated retard in cowboy jeans and 5-gallon hat to complete his folksy grift while he pretends to dig a claim

>>56816277
buy gold junior mining stocks and not the metal itself
There are massive 10-50x gains to be had.

>>56816402
just buy GDXJ then
even the shittiest of junior miners will do 4x in a gold bull market

>>56816277
but yeah here are some recs
Benton Resources
Blue Lagoon Resources
Hercules Silver
Outcrop Silver
Silver X

Basically anything on this list.
https://www.goldventures.org/blog/junior-portfolio

>>56816277
yeah, don't fuck around with non-producing miners
newmont is cheap and pays a nice dividend, plus they just added a huge amount of gold/copper production with the newcrest acquisition

pm baggies got gigadumped on today kek

>>56817131
and here's gold

>>56817152
Post the ticket to buy

>>56817236
>ticket
ticker

So that's what spoofing looks like.

>>56818280
spoofing?

All time on silver looks more convincing

>>56816438
>lithium
what do you think about based Friedlands company Ivanhoe? I know nothing of the sector but been watching couple of speeches of Robert and he's got interesting ideas. Also thinking about taking mining project finance courses in Uni to get a better idea of investing

spoon-feeding is in session

https://youtu.be/pDzt1OfoTrk

>mining stocks

seems like a bad idea to me

>>56814415
I just buy some golden eagles or canadian gold coins when i travel through duty free. nice and shinny in my safe.
EVERY FUCKING TIME I HAVE BOUGHT A MINING STOCK I HAVE LOST MONEY.
Doesn't matter it it is Newmont or some shitty junior. Just can't catch a break.

fuck that shit. i'll stick to coins.

>>56820639
>EVERY FUCKING TIME I HAVE BOUGHT A MINING STOCK I HAVE LOST MONEY.
Yeah no shit it's been in a bear market the past 3 years or so.
The true bull market is about to happen

>>56821712
>The true bull market is about to happen
Thats what the crypto people are saying, but CEOS are dumping stock.
If we get a crash though, miners and PMs will massively outperform BTC imo

gold $4000 by christmas

>>56823748
yes

>>56814415
>highest monthly close in over 5000 years
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

List your portfolio anons

>>56816438
>laughs at horsies
>recommends bayhorse tier trash

>>56825900
whats wrong with my picks?

>>56821786
>Thats what the crypto people are saying, but CEOS are dumping stock.
US financials will need to reset once the boomers get called on their mcmansion scam. The shiny rock meme is ridiculous, gold and silver are industrial items as of 60 years ago and no longer stores of value. And why should they be stores of value? Historically they were difficult items to create but not anymore.

>>56816441
this. stick to the blue chips like newmont or barrick. much less of a headache and will consistently print.

>>56825813
135k USD in NEM calls expiring March 2024

Gayhorse niggers at it again

>>56827267
>and no longer stores of value.
Then why are they making all time highs in every currency?

>>56827354
nobody cares about gayhorse

>>56827213
how many producers you got there?

how long have those non-producers been not producing?

just bayhorse again. Might pump in a bull run, but you'd better sell fast if they do.

>>56827366
The problem is you're NOT going to get a 40 bagger out of a producer.

You MIGHT get a 40 bagger out of some junior that starts production, but most juniors are scams with no intention of ever producing. They're perfectly happy milking money out of your pocket with stock dilutions. Never need to mine a thing.

It's a problem, and bayhorse is NOT the only one doing it. Several of your recommendations have been doing it for years. Maybe all of them.

>>56814415
lmao dont make me laugh whats considered a gold bull market ? it goes up like 20%.Im in mining the whole production of gold is controlled, when they discover a vein they havce to report it internationally if they start mining it OR they close it up to keep the price stable. Gold is literally controlled

>>56827460
we also warehouse metals and drop them on the market only when the price goes up. A couple of the majors I work for are sitting on quantities of metal that could move global prices fast if they dumped.

they don't dump.

>>56827366
you say that now, but 2 years ago, Bayhorse was THE junior miner stock being shilled in /pmg/, /cmmg/ and /smg/. Then when it went down like 90% you all pretended like it never happened and it's ACTUALLY Blue Lagoon that is going to be the 20 bagger. When that one went down 90%, you're onto the next one and so on and on. Junior miners are all a scam and I'm glad I learnt that lesson early on in my investment career for relatively cheap.

>>56814415
>not buying junior gold/silver mining stocks right now
because i bought all the CMMG memes in 2021. pic rel was my holdings in July '21. i wonder what this would be worth now if i hadnt sold

>>56817152
shit broker/product, look at those fucking spreads m8

>>56814415
Where would a high IQ individual put down
an idle 1000$
Canadian Jr miners?
Biotech stocks?
Lotto tickets?
Roulette wheels at casinos in Seychelles?

>>56814415
Because they dump shares on you when the price goes down, and they dump on you even more when the price goes up. Miners are a scam and they prey on people who hate crypto but want the same 50x hopium that you will never get from holding the actual rock.
In sum, kill yourself OP.

>>56814415
A junior gold mining company I had money in went bust a few months back, sad