/biz/ - Business & Finance

Just picked up 70 ounces of silver.
On the way home an autist came up to me and asked me for a hug, I said no and now I feel bad :(

>>58272410
updated OP pasta was better

i accidentally more silver

>>58272451
What about it was better?

>>58272451
>Previous Thread at the top
Not on my watch

sleep well tonight friends

So now it’s definitive, iqdelete always appears before massive pumps, like an autistic omen.

>>58272410
Thicc.
Chonky.

>>58272482
he's also a janny apparently

>>58272449
I'm not autistic, I just had a bad day...

>>58272482
>>58272492
would it kill you to not name the enemy as soon as a new thread starts?
>he's a janny
>he's a tranny
>he's a fed
>he's Malaysian
>he eats used condoms
It's pretty fucking obvious that this isn't a single person and you guys are being retarded and schizo.

>>58272451
>>58272470
>Previous Thread at the top
Yeah - I guess that did make popping back and forth during new-thread changes easier, or looking through old threads for something.

>>58272470
>old good, new bad

just keep on stackin

>>58272455
same
for some reason I love those 1.5oz Canadian rounds
I’ve also developed an affinity for the leafs
I’m not even Canadian I’m a burger

>>58272565
>1.5oz Canadian rounds
Do they come in capsules, or do you just keep them in flips, or ...?

gold is money
silver is money
everything else is credit

>>58272553
Nice stainless steel bar

Im the guy who sold his gold before the bullrun. I think I figured out what I will do now. I thought long and hard about it and the initial plan was still best.

I will sell my fancy car for 40k even tho I wanted 45k but seemd too complicated so I will sell it to some car trader.

This together with the fiat I pulled out of gold (120k more or less) I will reinvest in gold. But this time I will not make the mistake of buying 1kg bars but I will take smaller amounts so I can more easily sell small amounts when I need cash.

Now the only question is when I should buy. Probably gold will pull back somewhat below 2k of no?

>>58272590
I’ve got them in tubes with my 1oz rounds rn but next trip to my LCS I’ll get a tube specifically for them.
It was super busy in there today so I got the metal and got out

>>58272627
don't put it ALL into gold, I'd only do half
>Now the only question is when I should buy.
yesterday
>Probably gold will pull back somewhat below 2k of no?
I really doubt it

>>58272627
Just stick with your fancy car, enjoy it anon.

>he thinks gold will ever go down

>>58272700
What would you do with the other half

Aso, if you are going to hold less than 5 years. Is it better to buy paper gold?

I am trying to bridge a few years where I live off savings, so that I keep my earnings inside my company and take profits only in 4 years or so at a lower tax rate

So either I just leave 150K of fiat in my account which I slowly consume over the next 4 years without any investment in the mean time

Or I in the meantime put it in gold but in smaller amounts so I sell when I need

I am now even thinking can I not invest that money while it is tied up for 4 years in my company

Maybe I need to ask my accountant what do

>>58272778
>What would you do with the other half
pay off any debts, invest in oil, index funds and dividend stocks.

>>58272742
>Just stick with your fancy car, enjoy it anon.

I don't really enjoy it. It is giving me a great deal of stress to tell you the truth. Sure when I am blasting it on the highway over 220kph I really enjoy it but that is only a few times a year. Every other day of the year is stressing that some fucking proletarian is not damaging my car.

Really I think I could only enjoy a nice car if I were a lot richer, rich enough to live a more isolated existence far away from daily interactions with the unwashed masses.

>>58272817
>Every other day of the year is stressing that some fucking proletarian is not damaging my car.
I know this feeling. It's not worth it. Buy an old beater Toyota like I did.

>>58272800
Why would you pay off debts if the interests on the debts are lower than the rate of inflation aka the rate of the gold price increase ?

>>58272627
You're a mess dude. I really don't think you should be in charge of your money, and clearly asking us for advice isn't working for you.

Like we told you the last 2 times you FOMO'd in and out, gold won't make you rich. You weren't happy with the gains it made while you held it, I don't understand why you're sad about the exact same gains it made after you sold it. Like you complained it wasn't going up fast enough. Then it goes up a little bit and suddenly you're worried you missed a tiny gain. Wtf? You're not going to get rich off gold.

you're not going to get rich off gold.
read that as many times as you need to.

>>58272821
I have an old beater mercedes A class for daily purposes. My pristine 7 series has just been rotting in the garage for 2 years. I regret buying it and also not selling a long time ago.

My life is mostly regrets and suffering

speaking of cars, it looks like hank is finally working on the 8Y. now i can't wait for the refresh in a few weeks/months. please get rid of that ugly ass black plastic on the bumper

>>58272839
I held it for a year and it went down and then broke even and after I sold it shot up 10% within days. I feel like I am doomed

>>58272841
>I have an old beater mercedes A class
dude that's not a beater that's a money pit, both of your cars are bad choices

>>58272854
>I held it for a year and it went down and then broke even and after I sold it shot up 10% within days
You're the "dump eet" meme personified.

you sold so you could get some of those sweet crypto gains. Welp, at least you didn't buy the top and lose on that one also. Maybe now is the time to get into crypto? I dunno, I'm just thinking you should do the opposite of whatever your brain tells you to do.

>>58272854
Gold and Silver are not short term investments. If you cannot handle owning it for more than a year than this is not for you. Even outside of PMs, trying to chase short-term peaks and valleys does not work. Put your money into something with a track record and wait 20 years.

this is the only vehicle that a stacker or money-minded person needs for the rest of their life

>>58272860
You are retarded. I bought it for 4500 euros years ago. It had 115.000 km when I bought. It has over 250.000km now. It was already banged up with visible collision damage, steering wheel not centered etc. Still drives perfectly, only chabged the tyres, break pads break discs and shoes and normal maintenance and small repairs. Very good car built in 2008

Maybe you are american, americans always talk a lot of shit about german cars and dickride japanese cars

>>58272897
>You are retarded.
he tells the people that didn't lose money FOMO'ing into crypto at the top only to lose more FOMO'ing back into gold at the top.

>>58272878
I already lost 150k euro in crypto. I dont want to lose more

>>58272897
>Maybe you are american, americans always talk a lot of shit about german cars and dickride japanese cars
Because many of us actually worked on our own cars while we were growing up and know from firsthand experience.
I had a Honda CRX when the first F&F movie came out.

It's not all Japanese cars by the way, but yes Mercedes and BMW are for snobs who don't know anything about cars.

stop responding to obvious troll baiter a1a2ez9h

>>58272918
>I already lost 150k euro in crypto. I dont want to lose more
You're going to lose more going back into gold. And you can make your losses even bigger by buying smaller gold to sell when you need it.

You've been told what to do, you don't listen.
You know you're in trouble when even stackers are telling you to put your money in an interest bearing savings account or money market retirement funds.

>>58272919
>Mercedes and BMW are for snobs who don't know anything about cars.
Lmao are you serious mate. Only an American would say this. Snob car would be range rover maybe or up

>>58272939
>Only an American would say this.
ok how does that make me wrong? you're snobbish just by saying this

>>58272919
https://www.youtube.com/watch?v=FFZKTOvIEcg
shut up lmao

>>58272934
I think in conclusion I will just leave the money in my account. Investing is a racket

>>58272966
what you think of as investing is clearly just a way to lose money gambling on what the market did last week.

as other anons said, investing means parking your money somewhere for DECADES. You're not investing. You're trying to trade and failing.

I will buy back in at 1900 gold.

>>58272981
>I will buy back in at 1900 gold.
this is a decent plan.

I don't expect gold will ever hit 1900 again, but if it does, buy eet

>>58272980
Ok thanks you are right. It means I cannot invest themoney I need to bridge the next 4 years

>>58272981
So will everyone else, bud.

>>58272993
Its possible

>>58272999
even if you buy gold at 1900 and it goes back over 2200 that's a break-even trade after the ~10% buy/sell spread. In the US you'll probably also lose on taxes for purchases that large.

It's your money, but given your past performance I'd take a few months or years off from trying to "invest" it until you get a real plan that will actually work.

so i currently hold silver and gold at a 1:3 ratio in value, at what point in the GSR or price of silver would yall consider trading the silver for gold? that was my original intention

anyone buying gold at this level? trying hard not to fomo into another oz

>>58273089
ahh my id is gold, it must be a sign

>>58273089

>>58273089
If you're rich there's no reason to not keep stacking gold. It will only keep going up forever

>>58273089
>trying hard not to fomo into another oz
Same. I want a new krug or a gold button from Perth.

>>58273095
>>58273089
>NewEZ
I like it

>>58272993
it could happen soon

>>58273108
i want this

>>58273101
i owe 9300 on a truck loan
original plan was to pay off the loan by end of summer and not buy golds
but gold is shooting up, and the intrest on the loan is like 3.25, or something like 30 a month
technically i could pay it off now with savings but i dont wanna
just sitting here fapping to gold eagles
maybe i should cum and ill gain some clarity

>>58272898
Wrong. A defender is the only car anybody needs.

>>58273132
i have a tacoma
i like it

>>58273128
how secure is your job? paying off debt is never a bad idea.

>>58273122
yes, assuming the method of calculating inflation is dead on balls accurate.

which of course it isn't.

I remember what $182 US could buy in 1975 and what $2500 can buy right now, and I promise you they're not equal in most of the country anymore.

>>58273053
Fuck you cuck

>>58273145
fairly secure
owner is 65 and could drop dead anytime or get sick or something
i can always get another job in the field fairly easily
been trying to bring home $1500 a week lately

i have 19oz of gold and some silvers
20oz of gold would be nice.

>>58273171
>Fuck you cuck
I'm just agreeing with you that you suck at investing.

you've been here every week for months telling us how bad you are at it and begging for advice.

>>58273145
Then answer me this>>58272825

>>58273171
what kind of watch do you have?

>>58273186
yeah ive been kicking myself for throwing 1600 a month at my truck loan

>>58273186
>Then answer me this
he already did.

debt carries the risk that you won't be able to pay it in future for whatever reason. You can't predict the future, but you can borrow against it anyways.

>>58273206
being debt free is a very good feeling, very underrated in society

>>58273186
it would depend. paying the debt off now might not be the most financially beneficially move you could make, but if you did pay it off, you'd get both the benefit of paying off the loan and also having a little less stress on your mind by just not having another loan out there that needs paying off. either way, you're making a decent choice.

did the cartel loose control of the pricing mechanism, or do they want this? are the easterners in control of the market now? wtf is happening, where are the jew tamps? is basel 3 really fucking shit now or what?

>>58273211
Sure for dummies. People get rich through debt, as long as the debt you accumulate isn’t from purchasing shit like electronics and other goyslop and instead is used as a way to make more money. 99% of businesses wouldn’t exist without debt.

>>58272455
Damn shame what was done to that poor fellow.

Me today

>>58273255
>People get rich through debt,
we also declare bankruptcy repeatedly to avoid paying back those debts.

there's 2 sides to that coin. Rich people don't usually stress much over debt because we don't take it that seriously. Worst case you can't pay your debts and you end up debt-free for a few years.

>>58273303
just like mr fr

>>58273310
Unless your income is destroyed by other people becoming bankrupt which leads the government to print money which devalues the currency in order to get income back online but then it creates massive moral hazards and worsens the problem and the can kicking results in a society in decline and the rise of socialism and the public then become confused and don't understand how things work and think they can tax their way out of the problem and the government runs out of suckers to buy bonds so it resorts to just outright money printing despite the inflationary impact on prices which makes them rise higher and higher so eventually you get a collapse of the economy not from the 'rising tide' but rather the political response which becomes closer to outright theft than some kind of social contract.
Not to mention the 'rich people' end up just being a bunch of fucking morons who have nothing but paper assets including the deeds and certificates to all their 'ownership' which means absolutely nothing to a socialist government.

Yeah nothing to worry about no biggy

>>58273127
Ooo
I've never seen a design like this before, I like it.
Though my favorite coin designs of all time will always be big galleons

>>58273337
bankruptcy is already priced in. It's like insurance, if you never use it you're throwing money to those that do.

also bankruptcy is a taxable event, it's neutral or beneficial tax-wise.

>>58273164
the numbers change of course but it usual stays the same it was back then aside from that im interested in learning what you remember costed 182 if you dont mind

Scale for the dreamers.

>>58272627
Get some ounces of gold, get some monster boxes of silver. There's literally no way you can go wrong with this.
Gold and silver have been going up continuously for decades, these things don't just go down because you want to.

>>58273402
$182 was about 3 weeks labor at a min wage job, which I suppose might still be true except nobody in my area can pay min wage anymore because nobody would work for it. So now it's closer to 2 weeks labor.

It was roughly the rent of a 2 bedroom apartment in my town, and still is.

It was easily a mortgage payment on a 2 bedroom house back then, which ran about $10,000 or so in my town. Now I suspect it's about half a mortgage payment or less in my town on the same house that now costs $800k.

It was close to 1/10th the price of a new car, which might still be true if you can find a $20k new car anymore. Not sure on that one.

It was about 3 months groceries, and might still be if you eat cheap enough.

>>58273369
>if you never use it you're throwing money to those that do.
This. All these rich jews are in debt to their eyeballs and they’ll be in debt until the day they die still richer than everyone in this general and never paying it off because they know how to use debt as an asset. You’re trying to explain this to boomers though that are still nickel and diming 1oz rounds and still haven’t made enough money to exit the rat race in all that time.

>>58273303
What game is this?

>>58273458
i see,well funny enough i need like 2 weeks and a half to buy an oz ,with my job

>>58273478
Age of Empires: Rise of Rome

>>58273495
yes, that's pretty normal. An ounce of gold beat supposed inflation by 10x but didn't change vs wages much at all.

where we see huge changes is in things like housing, vehicles, computers/cell phones, health insurance. Some of these things we simply didn't have in 1975. But stacked together it makes it almost impossible for a single young man to live like we did in 75. It simply isn't affordable anymore. And in that respect neither wages nor gold kept up.

>>58273499
Checked and thaaank

>>58273369
Pretty sure the hyperinflation and massive expropriation and wealth taxes are not priced in

>>58273519
maybe ,but id like to think that gold has done well for what its supposed to do ,especially since it seems to reach 2300 an oz rn ,and if we talking living frugal but eat well and not spending much then gold has done well

>>58273567
I think it still has a lot of room to grow.

but I'm mostly comparing it to housing. While gold did a solid 10x+, houses have done a 40-100x. And wages stayed pretty much flat.

this is a problem, and there's a few ways it could get solved, but all of them would seem to point towards both gold and wages rising. I seriously doubt houses are going to drop 90%

>>58273597
>this is a problem, and there's a few ways it could get solved
Best solution: destroy the fed and the US dollar. Return to sound money. I hope it happens before I become old. I want to see what the world becomes when we have finally have control of our own time and money again. We should have had space colonies and clean energy by now.

>>58273644
>Best solution: destroy the fed and the US dollar. Return to sound money.
that's one way. And it would make gold worth thousands of times more than it is now.

you know PMs are moonin when /pmg/ is full of people fantasizing about what shit they gonna buy
life is good, frens
wagmi

>>58273660
That's fine. Silver is still around and the gold prices would fall as they start circulating in the economy. obviously everyone who has gold, especially the US govenment and the banks, can use it to buy whatever they want, but since gold is sound money, they'll eventually reach an equilibrium where the people have the same worth as the elite. Cant steal what you do not control.

>>58272981
I highly doubt it is ever going to be $1900 again.

>>58273676
we'd presumably have the same problem we've had since the 1700's only worse. There's not enough gold in the world to do business. Even with silver helping there's not enough of both. Not by a long shot.

so gold shoots up to say, a million dollars an ounce equivalent, but that just means I can go pan a million dollars in 3 weeks. Which makes no sense. But you're right, with enough time an equilibrium would be reached. But with enough time fiat always pops up to fill the gaps.

Mormons tried it in Utah, they ran out of gold in days flat and began circulating paper almost immediately. And they had literal tons of california gold pouring in. People hoard the stuff, it doesn't circulate well.

my best performing asset is a rock

>>58273710
That happens often but it isn't a bad thing. That's just the free market at play. The mormon example doesn't mean anything since the US dollar was still available. Im talking a scenario when it's not. Then running out of gold becomes harder cause more people are using it. And even if the town itself exported all its gold, it can still gain it back by other methods.

i didnt buy enough

>>58273697
>I highly doubt it is ever going to be $1900 again.
Anyone remember this?

>>58273777

>>58273437

>>58273768
The mormons didn't have or use US currency at the time, iirc they considered themselves a separate nation, and an enemy of the US.

Human writing was invented for the purpose of creating fiat currency. It's old and common.

I'd guess taxes and fraud are older than writing and fiat, but those were certainly made easier by the invention of both.

>>58273808
>2019

right before the big covid scam

>>58273808
I think you might have pulled the wrong graph there fren. Did you mean 2020?

/pmg/ was around for the 2020 crash, but everyone was too worried about losing their job to cash in on it.

>>58273808
it's not 2019 anymore sweetie
runaway inflation is here
the can kicking down the road has hit a brick wall

Do bimetallic bullion coins exist?

>>58273944
look up "electrum"
there's some cool ancient stuff out there

>>58273944
>Do bimetallic bullion coins exist?
The American gold eagle contains 3% silver

>>58273971
>>58273961
No I meant like similar to the €1 and €2 coins, something like the library of congress eagle

>>58272455
You can't corner the Dorner.

>>58273944
Theres no Gold or Silver in it but the 500 Yen Coin is 75% Copper, 12.5% Nickel, 12.5% Zinc

>>58273132
This overhyped hipster meme is literally the worst car ever designed. It's not even resistant in the slightest, plastics are shit, the chassis is shit, the motor is shit, fans are shit, visibility is shit, lights are shit, whinshield wipers are useless, everything is shit constantly breaking down and falling apart. Zero comfort for no good reason, noisy, smelly, slow af, and not even good at going in the mud. It's so bad i actually managed to get stuck in the mud while a fucking Twingo managed to pass the same path a minute earlier. That's how ridiculously bad this memecar is.
Plus it's an endless gasoline pit, insurance nightmare and cost a fortune to purchase and upkeep.

t. was forced to work with all variations (from 5 to 9 seats) of this piece of ugly trash for a decade and was by far the worst 4x4 i've ever driven. If you want a nice, rustic yet comfy 4x4 much more useful, powerful while costing/consuming a fraction of the cost, you go for a Terrano II.

>14k is now almost $43 a gram

Crazy!

>>58272487

Thoughts on getting 100 of these little pocket rockets for bartering? Already have lots of kilos and 100 ounce bars.

>>58272627
I'd get a few to several ounces then wait for a bit. I wouldn't be surprised if it drops back to $2k but no lower.

>>58274198
Before you freak out, that's Australian dollarydoos, not a real currency.

Bros were absolutely bussin

I caved in to the FOMO

will reveal once received

>>58274213
If silver hits 49 USD I can pay off my entire mortgage and be debt free the rest of my life.

>>58274232
Bro same im gonna buy a house. Still not paying my student loans tho lmao

silvers doing a midnight pumpa (so am i)

>>58274198
So not only you wanna buy at the local top, but an unnecessarly expensive fractional on top of that? .999 would be terrible for bartering purposes anyway, it's way too soft. It's especially true for the britannia with it's raised edge and minidetails everywhere. Really don't like entering in collision with anything..

If you really wanna barterlarp, you better go for some junk. Aren't the premiums on your 90%s much lower as of late?

>>58274258
Pretty much the only junk we have available are the 1960s 50 cent coins and there aren't many of those left from what I can see.

>>58274198
People stack silver dimes for a reason.
It's literally the smallest denomination of silver you can get for the cheapest price.
Everything else is a high premium scam.

>>58274271
Yeah i saw too late your 2nd post about AUD. Funnily enough i ended up with much more old aussie junk in the silver lots i purchase than i would ever expect. Even some pre-1920 florins who still were .925 (tho i believe yours stayed purer than in bongistan for much longer after they lowered to .500, right?). Your old junk was very nice looking, idk how expensive they are, but you should try to get some. They seems very liquid because anytime i put one on sale it get sold quite fast.
Pic rel is one i recently sold and it went right back home!

>>58274333
Checked trips and thanks for the advice.

>>58273961
Someone posted a picture of one of those Japanese 1850ish coins on here before. I think I'll get a few of those.

78 ounces of silver will buy you a VERY nice house in Brazil

>>58274340
tbf my only advice is no matter what you plan to do, just delay it. The current price wont stick, it never do. The spearhead looking spikes just like the one we are experiencing now rarely last more than 3 weeks. So leave your wallet closed one or two more weeks and ponder what you will slurp in the meantime.

>>58274425
This is amazing advice and is correct everytime until it isn’t. Problem is we don’t know when the manipulation will fail and cheap silver will forever be a thing of the past so I just recommend never fomo in on the spikes, just make a small order if you must then wait a couple weeks and make another small order.

>>58274198
they're very cute, highly recommend

>>58274222
checked + grats
i dont think u will regret it

>>58274425
really?

>>58274531
Really. Your lines don't make sense so idk what point you are trying to make here, sorry.

Once your currency starts going into an inflationary death spiral, there's almost never a bad time to trade for precious metals.

>>58272475
Sleep tight and dream of $2300.

>>58273674
But we always do that...

>>58274198
That's retarded. You have to do it.

26 level looking good, tomorrow to confirm lightly

>Gold is breaking ATH every day
>Barely anyone is talking about it
What do bros? I'm only at 5.5oz and feel like I got on the gold train too late. I only started 2 years ago and it feels like shit's about to hit the fan

>>58274628
it will go down again,sharp gold spikes dont last forever, just wait ,even if it hit 3k an oz dont buy

>>58274198
MM always got mercs in stock lately
https://monumentmetals.com/tube-of-90-silver-mercury-dimes-5-face-value.html

>>58274628
>it feels like shit's about to hit the fan
people have been saying that as long as I've been alive and I'm older than dirt
>but this time is different!
nah, get out and travel the world. Go visit where IQDELET lives. People literally sucking cum out of used condoms to earn a couple pennies to buy carrots and processed cheese product so they can make it another day.

Things can and probably will get MUCH worse over your lifetime. But it's probably not going to happen this year or the next. We're so far above the rest of the world, and they're still holding it together. Probably nothing gonna happen that fast. Not soon anyways. Even hyperinflation, an extremely unlikely scenario, would leave the US and the west wealthier than 80% of the people on the planet. The complete collapse of the dollar wouldn't suddenly shift wealth to china or russia, it would just bring the west down to their level while they dropped even lower.

Limit up for silver is 7%. We could see silver move above 28$ tomorrow.

>>58274682
idk man. there's only so much quantitative easing the gov't can do before people the masses realize how worthless their fiat is

>>58274691
Like I said, even if that happens those people will still be wealthier than almost everyone else on the planet. The difference between the US and Malaysia is so fuckhuge there's virtually no way short of nukes we're going to ever fall that far in a short span of time.

>>58274691
Fuck the masses
The bond market is the only motherfucker any of us is worried about. The bondholders are selling and that's pushing up interest rates.
It's hilarious how unprepared everybody is for something that was literally inevitable for decades. The timing feels off, the language the rhythm etc because it's Asia leading the way.
Bonds being sold and the cash being used to buy gold. Literally textbook.

>>58274628
>it feels like shit's about to hit the fan
PMs can moon without SHTF

>>58274722
Yeah except the interest rates going up is literally shit hitting the fan lol
Everything since the 1980's has been debt that's the way we got the prices to stop going up despite the deficits and money printing.
Everybody is completely indebted up to their gills. Hell all of our income is debt somebody else is incurring.

>>58274628
Gary Savage who is popular in the /cmmg/ board says after the rally to $2500 gold and $36 silver in June, gold will come back down to $2150 in September, and silver back to $26. Save cash until then.

>>58274731

>>58274756

>>58274722
It's SHTF.

>>58274810
kek
Mexican cartels and wall jews scare me, not a gold rally

>>58274810
>finance guys: We have no idea why gold is going up! It's the end of the world!
>mining guys: miner's wages doubled from 4 years ago, of course gold is finally going up.

>>58274837
You have socialist brain. Just because the cost of mining gold (OR BITCOIN) goes up does NOT mean the actual metal (OR BITCOIN) goes up in order to make it feasible.
That is insane. That is literally retarded.
The reason gold goes 'up' is because central banks print a fuckload of currency, especially the US central bank, and foreign central banks unwind their reserves of dollars or treasuries into gold.

>>58274864
>Just because the cost of mining gold (OR BITCOIN) goes up does NOT mean the actual metal (OR BITCOIN) goes up in order to make it feasible.

>cost goes up
>mining becomes unfeasible
>supply dries up
>price goes up
>mining becomes feasible again

miners know this, we live by the cycle.

>>58274878
The supply of gold would NOT dry up with the current compression of mining margins. The majority of mining companies had books calibrated for $1000-1200 prior to Covid and afterward the vast majority were in the $1400-$1600 range.
Your supply and demand dynamics are off for more than that reason: the secondary market, which is people who have gold jewellery, coin, scrap etc... in a 'normal' economy would take advantage of higher prices to sell and add to supply.
The fact that they are not selling, and the fact that we have net buying, especially by foreign central banks and Asian retail, indicates this is not a normal economy. This is the dollar being fucking destroyed.

>>58274883
Yet I've managed to stay in business for almost 30 years in mining through exactly this same cycle as it played out 4 times now in my career alone, and countless times in the careers of my predecessors.

This looks perfectly normal to me. We're going to be mining for a few years. And at these prices we're going to flood the market until the price goes down or the wages go up or both.

>>58274810
how do we know this guy isn't faked and gayed?

>>58274899
The reason gold goes up while your costs go up is because of inflation. The expansion of the supply of money and credit.
The sidewalk gets wet because it rains. To some people (?!) it's an indication that it will rain, because it is currently raining.

>>58274908
>The reason gold goes up while your costs go up is because of inflation. The expansion of the supply of money and credit.
yes.

but for a brief moment the price goes up faster than the costs do, and we jump in and mine the shit out metals to grease the wheels of commerce and line our own pockets.

this is one of those times. It won't last, but it also won't be the last.

>>58274918
if we reach critical mass, the mining costs won't increase nearly as fast as the gold price

>>58274938
also true.

but at that point everyone in the US will be mining gold.

>>58274918
I promise we can print money faster than you can mine that stuff
The supply will be completely outstipped.

>>58274984
>we can print money faster than you can mine that stuff
so far no, and they made a damn good attempt in 2020.

Anyways I think you guys are the ones arguing that gold is running short BECAUSE they're printing money. If you're right, the money printing is just going to keep miners working in mines.

which is what's happened so far. I haven't seen a gold mine shut down in my area in 6 years now, and I've seen 4 new mines open up in just the last year alone.

>>58274999
>I've seen 4 new mines open up in just the last year alone.
and of course those aren't really NEW mines.

those are mines that were worked in the 1800's but haven't been feasible to mine since then.
Miners wages doubled in the last 4 years, but gold also went from $1300 to $2200. At that rate, mines that haven't been profitable for over 100 years suddenly become worth mining again. And if the price keeps going up, we know where to find even more gold that still isn't profitable right now, but sure might be by the end of the year.

>>58275049
When a gold mine that hasn't been profitable in 100 years suddenly opens up using the exact same equipment and technology as they used in the 1920's,
that means we're in a gold boom cycle, a bull run, like we haven't seen in literally 100 years.

Bros, are we still stacking?

>WHEN IS THE NEXT BOOM?
WHEN IS THE NEXT BOOM?
>WHEN IS THE NEXT BOOM?
WHEN IS THE NEXT BOOM?
>WHEN IS THE NEXT BOOM?
WHEN IS THE NEXT BOOM?

Extra rare pepe coming thru

How do I buy more silver?

>>58275117
always

>>58275143
>WHEN IS THE NEXT BOOM?
for gold we're in it right now.

for silver, I think anything over $50 should do the trick. Which could well happen this year if gold keeps its erection long enough.

>>58272756
it will once we swap currencies lmao
once we're back to the Reichsmark you can bet your ass the ounce goes back too 100 (RM)
with the dollaridoo and current system tho? Nah.

>>58274002
the keyword you look for is "gilded coins"
also the €uro is a shit design cupro-nickel chucklefuck, if you did that with gold and silver just the different temps they melt at etc. would pop that ring yesterday

I BROKE EVEN ON SILVER TODAY
I AM NOW IMMUNE TO JEWISH NIGGERS TELLING ME SILVER IS A SHIT INVESTMENT
1050 OZT
I ALSO HAVE GOLD
LET THE GAMES BEGIN

>>58275362
I wish silver trading is more common in my country (Indonesia). Everyone is dealing with gold here.

>>58275429
Pagi!
Japan and China should be your best bet near you, they've traded silver for thousands of years already. Not really into the market but the yen is also ultra cheap right now. Dunno how the rupiah does against it but you might get nice deals out of Japan right now, it should be worth checking.

>>58275274
>Which could well happen this year
Fuck, I'm trying to stack silver rounds this year but the price already went from $24 to $26.

>>58273164
woha you are old my nigga , what are you even doing here with us zommies in this shithole

>>58275346
>"gilded coins"

>>58273519
true if you go from the 70s then gold did really bad but that mainly because gold was trash from the 70s until 2000 , but if you look at it last 20 years performance it did pretty decent even better then stock market , now will it continue being this good or become even better or crash and become trash in the next 20 years that a different question based on each one of us speculation about the future

Great now /pmg/ has a fucking avatarfag

>>58273710
didnt mormons start having paper money with a slight amount of gold in it that represent it values to try and fix that problem , but you probably will keep hitting the same issue if gold continue to rise as old paper start representing more and more value

>>58273089
you need to understand that gold as investment is fundamentally just a hedge against inflation or collapse, expecting huge returns from it without a collapse is fundamentally just speculation , if gold continue to perform as it did the last 20 years then it will be extremely good , but if goes like late 70s and 80s and 90s then it would be trash
i would say that if you think that the US economy is a bubble and will continue to be fragile with recessions and high inflation and less and lesser trust from the people or that there is a higher and higher risk of US economical collapse then invest in gold , but if you think that the US economy is headed for a massive boom growth and would find a way to fix all it economical problems and vulnerability's then invest in the stock market

>>58275530
Fuck you buddy

>>58275593
Listen here, you Oompa Loompa. If enough people are interested in buying gold and attempt to do so, the demand curve goes up. If the demand curve goes up, supply goes down. If demand goes up while supply goes down, the price of gold goes up. If the price you bought gold is significantly different from the price at which you sell gold, and the price you sell is more than the price you bought it at, you make what is known as capital gains. It doesn't require the entire world economy to collapse. Additionally, if your country ever enters a recession in which there is a deflation in the value of US dollars, the value of gold will begin to go down while the value of the dollar begins to go up. In such a situation, it is a good idea to exchange your bought gold for dollars, since you want to sell high and buy low in order to make a profit. This is a fundamental principle of economics and trade. Gold is only valuable if
a.) the dollar continues to inflate, decreasing the value of the dollar
b.) the world economy continues to exist as a market
Your gold has exactly no value if inflation doesn't happen or there is a market collapse. What I'm saying is that inflation is a good thing when it comes to buying anything, since the value of it will go up over time like any other stock. The only difference with gold is that it is a physical commodity (a unit of money) as opposed to a stock commodity. If you think that investing in gold is going to save you from stock market collapse, you are talking crazy.

>>58272410
Number go up

>>58275758
>If enough people are interested in buying gold and attempt to do so, the demand curve goes up. If the demand curve goes up, supply goes down. If demand goes up while supply goes down, the price of gold goes up. If the price you bought gold is significantly different from the price at which you sell gold, and the price you sell is more than the price you bought it at, you make what is known as capital gains.
that fundamentally a zero sum game (and you can even argue that is even a negative sum game due to mining if you argue that increase in demand for gold as a jewelry or for industry is low then the increase in it mining), and those would be fundamentally pure speculation
>a economical collapse and deflation decreases the price of gold
no it wouldn't since if the US economy collapse and i mean really collapse people would stop putting their money in the stock market and would either keep it cash , spend it or invest it in things like gold if they fear the government printing or dont trust it any more

>>58275758
>If you think that investing in gold is going to save you from stock market collapse, you are talking crazy.
if it is just a small recession then the last 20 years tell us that gold also take a hit even if smaller, but then it recover and grow faster then the stock market

>>58273057
Probably like a 15-20 gold silver ratio

Gold to $2300 today
Silver to $27
this is barely the beginning to the number go up
this is it. hold on to you butts!

https://www.youtube.com/watch?v=m40adU51Ejg

>>58275901
How much gold do you think is being mined? Why would people keep cash if the economy collapsed? You wouldn't have money to spend.

>>58275957
B-but I want more cheapies…

>>58276076
We had two weeks

We have DEWs. Also our government has been secretly buying up all the Bitcoin, per Snowden. Nobody is gonna fuck with us. I'm not buying your stupid overpriced rocks.

>>58274113
American comment! What a fucking retard.

>>58276203
we dont have those here

>>58276227
>we don't have those here
on the contrary. we have lots of American Comments here. this is an American discussion board Afterall.

>I'm not buying your stupid overpriced rocks.
good

>>58275117
I've slowed down to about half what I was buying last month.

>silver up 5 points on the day
>gold up 3 points on the day
400:1 soon.

>>58276203
>American comment! What a fucking retard.
kek you were already called out and embarrassed yesterday:
>buys expensive BMW and Mercedes cars
>sells all his gold for cash and then just sits on it
>thinks gold is ever going under $2k again
>whines about his bad financial decisions on /pmg/
Yes I'm sure it's because we're American that you're a fucking brain dead 3rd worlder.

Anyone else here tempted to buy a 24 karat gold ring? The premiums are horrible (30-40%) but it would be cool for obvious reasons

>>58277156
Go with 18 or 22k. I don't think 20k is a thing. 24k will get scratched and dinged really easily.

It feels like the shorts are losing their grip on Silver. Going to be an interesting day.

WAGMI silverbros

>>58277165
Premiums on 18k seem bad, even worse they dont tell you how much gold is in each ring. There's a jeweller selling on reddit with only a $100 premium that tells you the exact weight of the ring.
I want 24k specifically so it has the full spectral absorbance of pure gold, which is said to have a noticeably different colour even compared to 22k

>>58277016
That’s not me retard.
>newfag doesn’t know what IDs are
Kek

>>58277156
Look into mene, can probably get one at around 25% premium with a discount code.

>silver holding over 26.5 toz
mama mia

>>58277290
Yes, it is. IDs mean nothing here.

>>58277338
Ahahaha cope you absolute schizo! If you took the
>American comment! Fucking retard.
to heart then maybe you should stop playing into it? Because you’re being retarded right now. Ban boomers from the internet Jesus fucking Christ.
>anybody who disagrees with me is 100% the same person!
Kek

>gold at or below 2k

keep on dreaming boys. train has left the station.

>>58277423
You're poor and don't own any metals. What are you doing here brownie?

>>58273128
can you make guaranteed 3% return? if not might as well pay it off. high yield savings right now for 10k you might be able to get 2% apy. or speculate on gold but thats a risk

>>58277567
Tbills are paying over 5% right now anon.

>>58274682
>People literally sucking cum out of used condoms to earn a couple pennies
who pays for this? lmao

Gold is going to infinity dollars per oz in the next year or two.

GOLDbros are we about to make it? My miners are mooning

Welcome to the $2300 waiting room

>>58277699

>>58277699
and the $27 waiting room

>>58277282
Im sure it'll look the best but you understand that people don't usually make jewelry out of pure gold because it'll get scratched and dented really fast and is completely impractical? And then you'll have a lumpy ring with big ugly scratches all over it... whereas if you got an 18k ring it wouldn't look much worse but will actually last through most of your life and scratches will be tiny and unnoticeable. I mean... if you don't plan on wearing it, go ahead

>>58277550
Yes I do. Gold and silver mostly bars kept in a safe, the only small weights I have are more for collectible reasons/designs I like/sentimental reasons. I don’t bother with scrap silver other than Nazi coins for the memes. I scrap other metals like copper and lead as a by product of my business too. I love metals. If you think I’m the retard that’s in here posting the same comments over and over again like a bot and calling everyone racists that’s not me. The bmw/Merc guy is not me either.

imagine owning zero precious metals right now
just try to imagine this terrible circumstance

ehh i've got like 35oz stacked (all before covid so i'd be up max AUD$20k at the moment) and i'm not really excited or anything with the mooning. gold is already undervalued, and combined with the ridiculous money printing all around the world, for me this is all par the course.
it's important to contextualize the rise of gold with your own cuntries economic situation. i'm in australia and until house prices peak, i will not tell anyone to worry. part of the reason it's mooning hard is third world shitholes like china slurping it up as a hedge against their failing economies, and while they might buy less wine and red meat, they're always gonna need raw materials so s won't htf anytime soon here.

>58276203
>American comment! What a fucking retard.
>58277423
>Ahahaha cope you absolute schizo!
You were talking exactly like him and sounding quite brown there. Now you sound different. Whatever. I couldn't care less. Post metals or stop making stupid comments.

Silver is doing that shit again like in 2020 where it pumps with zero pullbacks

how much oz of silver and gold for /makingit/ ?

>>58277952
30 oz gold ,1000 oz of silver

>>58277952
convert all your fiat into precious metals immediately and you may have shot.

>>58277282
>18k
>they dont tell you how much gold
Pick one.

>>58277952
That is one hell of a question. It really depends on what sort of cooperation the globe can maintain to keep goods and services flowing. The worse things get the more your PMs will be worth.
The banks have shittons of gold. Silver, being the lever used to suppress price as well as being a very important industrial metal is in extreme shortage relative to gold as well as compared to the pent-up demand tucked away in financial assets. 1BN ounce yearly output * $27 = $27BN market cap. What even is that number in the face of trillion dollar yearly deficits? It gets mined 8:1 yet priced 85:1.
The pent-up price movement on silver could easily be 10x and could potentially be worth thousands of dollars per ounce if the need for safety from financial losses keeps a fever pitch due to inflation/bankruptcies/crippling deflation.

>Silver starting to do something

>>58277742

Average LBMA Price in 2023 was $1900/oz. I can see the average being around $2100/oz for 2024. Anyone looking for crypto or stock like gains are buying thre wrong thing.

>>58278105

its about being able to keep what you have. that will be difficult to do going forward since we are moving into a period of extreme oppression.

27 Silver

love how suddenly pmg is full of old boomer farts telling us how "everything is normal"

>>58278105
wow, tell us more 1pbtid crypto fag who has never researched PMs in any way

>>58278120
That's exactly what gold is good for, you're absolutely right at the amount of restrictions we constantly face. Total Gold Demand in 2023 was nearly 5000t, around a 1000t came from Central Banks. Says everything really.

>>58273597
>>58273644
let's not forget
A) disallowing foreign ownership of US land
and
B) removing illegals

would serve to push wages higher and simultaneously reduce housing costs.
i certainly agree that returning to sound money will work to fix things at the policy level, but the labor market is oversaturated with primarily unskilled labor (which sets the price floor) and the housing market is flooded with illegals (who tend to live in clusters), meaning that the single family buying a home to grow has to compete with packs of squatemalans while also competing with them in the job market, or within a job market where their willingness to work slave wages under the table skews the entire market
>>58273676
>especially the US government
ft. knox has never been audited, the gold isn't real
unless you're talking about that golden spiritual boy q-tard shit

>>58278183
What would happen if it tuned out the US Gov is lying about their 8000t of Gold? That's nearly three years of new mining supply...

>>58278183
poor immigrants not even making minimum wage are not propping up the housing market sweetie

>>58278163
I bet you don't even remember Y2K sonny

>>58277179
>>58277195
>>58277328
>>58277742
>>58277892
>>58278055
>>58278148
Stop allowing yourselves to be mentally tortured like that bros. You already know the banksters will tamp silver back down to $22 next week just to watch you suffer and crush any hope left.
Do like myself : simply accept silver never goes up and life as a stacker become much more bearable.

Yo what the fuck are Gold Backs? I keep seeing them locally.

>>58278005
karats arent a measure of mass like carats for diamonds

>>58277782
>buying random pieces of impure gold that arent tax-free just so you can feel confident acting like a clumsy nigger
no thanks

>>58278240
Protip : you can do a quick internet search to answer easy questions by typing the keyword in the search bar and pressing [Enter].

>>58278240
Retarded purchases with eye watering premiums. Even in the extremely unlikely case they ever became a thing that took off you’d still be better off getting normal bullion now and exchanging it for goldbacks when they came into effect and you’d get way more for your money. Some people get them as a collectors item which I guess is fine.

>>58278281
Thanks Sonny

>>58278192
>if
i've come to the realization that you're better off in all ways to presume the US government is lying to you about everything
>what will happen
probably an attempt to drag gold-holding nations into senseless wars to force them to cough up some of their gold, then snap it up with fiat or by force
how are things going in ukraine and taiwan, btw
>>58278197
they are when they live 8 wagies to a house and can afford absurd rents
the buying process looks like this
>jose and maria get a mortgage
>they move in pedro, juan, josue, domingo, yajira, maria and maria and all their kids
>everyone pays in 1/8th mortgage + bills
>once the house is paid off, pedro buys a house on mortgage and moves in everybody but jose and maria, who are replaced by someone's cousin
>repeat ad nauseum
if you don't think that affects the housing market, you might be retarded

>less than minimum wage
lmao no. especially not when you consider that they pay no taxes on their under the table cash wage, they receive tremendous amounts of public assistance, and send their kids to our schools

still not as bad as niggers but they gotta go

>>58278280
>karats arent a measure of mass like carats for diamonds
"k" karats in gold is a measure of purity. 24k is 100% pure. 18k is 18/24 = 75%.


>>58277282
>There's a jeweller selling on reddit with only a $100 premium that tells you the exact weight of the ring.
So an 18k ring with total weight given by the jeweler is 0.75 times that.
Gold is not a gem stone. Stones are weighed in carats, not karats.

>>58278370
at this point the younger generation is going to have to do this as well just to live in a house, it sucks but the wages haven't increased with inflation ,even if you blame the other side

>>58278426
do you not understand how supply and demand work?

illegals exert an unreasonable demand on the housing market and provide an unreasonable supply of (largely) unskilled labor
removing them addresses both of those problems. perhaps not solving them entirely, but ameliorating them to a very high degree in one simple move.

>>58277782
it doesn't really get lumpy, and the scratches look cool anyway, light hits the gold different ways then.

>>58278469
assuming the usa has the balls to remove them,they dont ,but what im saying is that the system cant be salvaged, so what else can you do but play the amoral game

>>58278231
Basically if the price isn't making you go to the shop instead of post about it, it's whatever. Cool, but whatever.

>>58278231
this

we'll all know when our time has come, it will likely follow whatever black swan event we are all awaiting

I no longer measure purchases in number of dollar bills but in weight of silver coins.

>>58278370
in reality, these immigrants are just living in trailers next to their workplaces. they aren't pooling together resources to buy $500k+ homes lol

>>58278231
>this rally is fake like all the others
your problem is you think (((they))) are all powerful. they aren't

My friend sold all his silver right before the epix bull run, F

>>58278684
many such cases

>>58278684
I'm feeling bad for UFO guy who had to sell a few weeks ago.

reminder precious metals never go down, only up, its the floor moving

>>58278695
The one who was obsessed with aliens and collected all those alien Ghana rounds? He’s gone? F

>>58274560
Make sense of the lines yet?

Silver hit 27.

>>58278752
wyckoff acoomulation?

>>58272410
Holy fucking shit that's a lot of silver!

When is enough enough? Initially I was aiming for 500 silver and 50 gold but I've now shifted to saving exclusively in PMs. I've got maybe 3 months living expenses in FIAT and everything else I have I put into PMs.

I live alone at my mother's house, don't have any assets other than PMs and will probably never own a home unless my mother passes away.

>>58274222
Based and blessed with trips

>>58278804
You should also buy silver and gold mining stocks, good ones though. It’s a fucking minefield so be careful

>>58273437
updoot

>>58278752
mhmm... no?

>>58278832
Lol no, not interested in scams. If you don't hold it you don't own it. Might as well gamble with crypto if you're going to buy stocks.

>>58278632
If anyone is confused by this timeline, just know that those who own money actually want to remove cash from the system in order to give themselves far more leverage over the economy using credit. Private entities have wanted to take control over the ability to mint/coin going so far back as the East India Company who used to lobby the crown in order to export domestic silver coinage and sell it for Indian gold. In the U.S. you used to be able to go to the mint with silver and exchange it for U.S. silver coinage free of charge (or a minor siegnorage). This allowed for the people to always have access to coinage. In human history there is often extreme shortages of coinage. Even in the case of the pre-revolution U.S. the people took to mining their own coins much to the dismay of the crown and the international shipping companies.
Restricting your access to money and replacing it with credit is a tale as old as time and will forever be a conflict of interest between the haves and the have-nots. Unfortunatley, the 'haves' need to be taxed to a draconian degree because their unfettered access to capital is squandored in largesse or used to sabotage the masses to keep the addicted, docile, stupid tax cattle. Human capital needs to be unleashed and fostered and cultured and not denigrated and suppressed as if it were an adversary. It's origins stem from the money supply.

>>58274198
dude, buy pre-1960 junk from whatever country you live in.

>>58278859
Okay your loss, I’ve tripled my money in mining stocks but I know what I’m doing. I don’t recommend it to noobs

>>58274731
>Hell all of our income is debt somebody else is incurring.
not my problem!

>>58278875
Nooooo you can't just buy 90% it has to be 999 fine
t. basedjack

>>58278832
>dude buy this asset class where 99% are shit and will go bankrupt. good luck
no thanks
just gimme that physical

>>58275450
https://youtu.be/XeT17YeUj5k?t=418

>>58278832
>canadian scam companies
Why did the leaves sell all their metals?

>>58278832
The only mining stock I will buy is Bayhorse

>>58278804
>I live alone at my mother's house
>will probably never own a home unless my mother passes away
You know what to do, Norman.

>Gold is 2300 an oz
>Got into stacking literally a week ago
Its Jover

>>58278859
>Might as well gamble with crypto if you're going to buy stocks.

Yeah

>>58278762
>silver was $26 when I went to sleep
>silver is now almost $27

>>58278939
Because their prime minister is a psychopath?
>>58278952
Bayhorse actually is a scam, if it’s shilled on biz it’s definitely a scam

>>58279017
>Because their prime minister is a psychopath?
SO who is the greater fool? The prime minister or the people that elected him?

>>58279023
The people that elected him are beyond hope, if you can’t see that weasel for what he is then fuck me

>>58279034
>fuck me
Post picture of vagene.

>>58278952
yeah, me too

>>58278952
>>58279063

GOLD MAKES ANOTHER ALL TIME HIGH
GIVE IT UP FOR GOLD'S NEW ALL TIME HIGH

>>58279017
>Bayhorse actually is a scam, if it’s shilled on biz it’s definitely a scam
Everyone should be wary of junior mining stocks shilled on biz as well as gold/silver pundits. It costs nothing for a CEO to do an interview on a youtube channel to get some exposure for a stock that could do poorly.
In the case of Bayhorse, this place was full of logos and memes and "DD" that had the shareprice run up from like $0.07 up to $.24 or something and then it collapsed and I'm sure plenty of people got burned by the FOMO.
Far better to stick to physical as I am not so sure that any of these stocks will perform like we hope they will because the integrity of the markets and the political risks of nationalization are very very real here. Gold and silver are on the up and up and even then I have my doubts anything good will happen in the mining sector.

>>58278832
>mining stocks
>good ones though
Nice one

>>58279113
We just hit $2200 two weeks ago. What the fuck is habbening?

>>58279194
Grinding to $2400

straight to physical

We're
Still

POOOOOOOOOOOMMMMMMPPPIIIINNNNNGGGGGGGGGGGGG

>>58279070
waiting for my First Majestic and PSLV to do something. literally anything.

Today I will remind them..

There is only 17x more silver than gold on earth.
Gold is currently 85x more expensive than silver.
Most gold is already hoarded, banks never unloaded their gold after the gold standard collapsed.
Most silver is consumed by industry and ends up in toxic landfills because it is not cost-effective to recycle.
The price of silver has not increased relative to inflation.
Industrial silver consumption has been increasing faster than production for decades.
Many believe the price of silver is manipulated.
Most silver is produced in small quantities as a byproduct of mining other, more profitable metals.
Silver is the most electrically conductive element.
For many high-tech applications, it is irreplaceable.
You are still early.
When formerly well-to-do housewives are offering 2-for-1 deals with their questionably aged daughters, then you will know whether you have made it or not.

Another pump cycle incoming?

>>58279365
I look like that and i say things like that.

>>58278746
Yeah - he had to sell. Family emergency.

>>58279365
it do be like that

>>58279489
they don't think it do

>>58279365
>Silver is a hedge against inflation not an investment
>Also Silver is going to x100 to the moon

which is it?

Freshy Up

>>58279521
>>58279521
>>58279521
>>58279521
>>58279521

>>58279437
I hope he kept his nicest ayyy coin

>>58278762
ITS STILL GOING I NEED TO UPDATE MY CHARTS AGAIN AIIIIIIE

>>58277952
suicide stack
>1 oz gold
>100 oz silver
comfy stack
>10 oz gold
>1000 oz silver
make it stack
>100 oz gold
>10000 oz silver

>>58279017
>>58279127
I would invest into mining if instead of dividends they'd send me physical every year, like 4-5 ozt of the own brand ugly ass silver chunks they pull out of the rocks

>>58279510
both lmao the number will go up
so did all the prices already

>>58279365
This is a good meme but I can't send it to anyone

>>58279365
I'd like for you to clarify:
>Many believe the price of silver is manipulated.
For the record it is.

Is actually ON RECORD TRUE:
https://www.reuters.com/article/idUSKBN26K321/
>In an unusual concession, JPMorgan also admitted wrongdoing in agreeing to the SEC and Justice Dept. settlements.

>>58279262
wrong anon retarded shill I'm the one you call jesse jane bob IQ lassen

>>58279298
I'm up almost 45% on First Majestic. I bought at the bottom.

>>58278985
The pandemic got lots of people into stacking, what made you finally look into it now?

>>58272854
Gold and silver are not traditional investments. They are more like insurance. Just buy some and forget you you have it. It's not about getting rich its about surviving whats coming.

>>58274113
>Zero comfort for no good reason, noisy, smelly, slow af, and not even good at going in the mud.
all true

>>58274222
checked

>>58274628
just be ready to buy when/if it dips

>>58279532
New thread:
>>58279521
>>58279521
>>58279521

i free'd up about 35k today. i want to buy a nice gold coin. i think i should wait tho.

>>58276076
same

>>58278192
the government will just print out a bunch of silver dollars