Gold and Silver contracts expire tomorrow

[Anonymous No.18584322]

Seeing how oil tanked today will the same happen to metals tomorrow when contracts expire?

[Anonymous No.18584359]

>>18584322
No. There’s no shortage of metals storage.

[Anonymous No.18584368]

>>18584322
nope. silver is the safest and most redpilled buy you can make right now

[Anonymous No.18584416]

>>18584322
yea in your fucking dreams. i wish gold was negative dollars. too bad that will never happen.

[Anonymous No.18584444]

yes, just inverted

[Anonymous No.18584565]

>>18584444
checked
comex default incoming

[Anonymous No.18584591]

Paniced tradera will try to get gold delivered. Silver too. There are 175 contracts per 1 oz in storage. This is going to be fun.

[Anonymous No.18584647]

>>18584322
Its the opposite
No supply for silver or gold because of coofs, and a fuck ton of demand

[Anonymous No.18584671]

>>18584444
>shiny rock bag holder

[Anonymous No.18584689]

>>18584444
>soon

[Anonymous No.18585075]

>>18584444
In the end... Shiff will really win? Wow, what a timeline.

[Anonymous No.18585213]

If this thing really happens I wonder how long it will take? It seems like they have successfully made it impossible to buy large amounts of physical PMs so the general public can't get in on the fun.

[Anonymous No.18585376]

>>18585075
>In the end... Shiff will really win?
Yeah, going off the gold standard was only temporary. This video is partly bullshit but quite amazing in ways.
https://www.youtube.com/watch?v=G1wjhDI4XQE

[Anonymous No.18585404]

>>18584322
>>18584359
if i buy a silver contract do I get silver?

[Anonymous No.18585434]

>>18584671
>bag holder
>flirting w ath
pick exactly one, paperboy.

[Anonymous No.18585668]

>>18584444
>quads of truth
reminder for the burgers, your president accepts shiny rocks
https://www.youtube.com/watch?v=ZjgUdNUXGFI

[Anonymous No.18585683]

>>18585434
holy based I just realized the truth behind this statement thank you sir for saying it and may our SUTER bags be next to flirt

[Anonymous No.18585806]

>>18584322
>>18584359
>>18584368
>>18584416
>>18584444
Checked
>>18584591
>>18584647
>>18585213
Yeah, im thinking we will rise. PM will go up when the paper value diminishes. Currently there is 110:1 silver gold ratio. Schiff and mike maloney are both spot on. We know this shit is manipulated massively. The longer the accumulation phase, larger the bull run, and look at silvers accumulation time.

[Anonymous No.18585845]

>>18585668
he also said a few days ago speaking about the 1940s that the dollars were "strong strong dollars back then"

[Anonymous No.18585877]

>>18584322
Doubt it. I see gold going up $200 over the next couple of months.

[Anonymous No.18585921]

>>18584322
does gold work the same way? If I buy gold futures, I can then and go collect the gold? If it gets cheap as fuck, why wouldn't you buy some?

[Anonymous No.18585932]

>>18584647
>a fuck ton of demand

[Anonymous No.18585937]

>>18585877
how and why?

[Anonymous No.18585967]

>>18585806
go on

[Anonymous No.18585974]

>>18584322
Its more likely people will request delivery, there wont be any physical to take delivery of and pm prices mega moon.

[Anonymous No.18585999]

>>18584444
I fucking hope not. I only started stacking a month ago and have a suicide stack. I was thinking about stacking since 2008 but never jumped in to it. Please Jerome reinflate the bubble for a few more years. I want to make it.

[Anonymous No.18586002]

>>18584444
Gold to infinite dollars confirmed.

Also checked

[Anonymous No.18586014]

>>18585921
You can try. But you have to realise this:
>>18584591
Meaning there is a lot more IOUs then there are assets backing it... Buy physical if you want physical...

[Anonymous No.18586054]

>>18585404
You can stand for delivery if you own a big enough contract but they always have the option to pay you out in US dollars if they don't have the metal

[Anonymous No.18586060]

>>18585937

[Anonymous No.18586069]

>>18585967
What? DYOR newfag. You have had a lot of time to create your own opinion, if PM are worth the investment or not. Type into YT - mike maloney, he is based and woke af grandpa.

[Anonymous No.18586083]

>>18586014
is there any advantage to buying futures over physical, like price? otherwise, where should i go to buy physical? a pawnshop? jeweler?

[Anonymous No.18586120]

I work in the energy sector. How fucked am I?

[Anonymous No.18586137]

>>18586060
The inflation adjustment on that chart is wrong. There's no way 850 dollars in 1980 is equal to 1800 in 2011

[Anonymous No.18586225]

>>18586083
You can try buying firectly from people who are selling. Might be more expensive but you will get your shit the same day. Also look on the internet

[Anonymous No.18586276]

There still might be massive deflation, meaning gold and silver prices go down so "someone" can accumulate. ((Them))

[Anonymous No.18586306]

>>18585404
Lol no it’s all imaginary.

[Anonymous No.18586365]

Please tell me crypto will moon when gold does

[Anonymous No.18586392]

>>18586365
why would it? its more speculative than stocks ffs. 99.9% of the crypto market is a pure scam.

[Anonymous No.18586409]

>>18586137
Welcome to Modern Monetary Theory.
Mercury Dime blowjobs real soon

[Anonymous No.18586430]

>>18585932
Gold coins exclusively from the US Mint is strongly correlated with gold demand?

[Anonymous No.18586451]

>>18586392
Crypto is like a religion. Every other coin is a shit coin but *mine * is the one with intrinsic value

[Anonymous No.18586453]

>>18586365
(((Crypto))) was invented to placate the masses into accepting the Bill Gates microchip
Now stop being a degenerate gambler and buy precious metals.

[Anonymous No.18586474]

>>18585999
>>18584444

checked them trips and quaddy quads

[Anonymous No.18586484]

>>18586451
Are those 10oz bars?

[Anonymous No.18586491]

>>18586409
ooooooh baby

[Anonymous No.18586516]

>>18586137

[Anonymous No.18586543]

>>18586054
I think you mean (((they))) always have the option to pay you out in US Dollars

[Anonymous No.18586560]

>>18586451
Above the mini safe, yes. Kilo bars inside the little safe

[Anonymous No.18586601]

>>18584322
There is only ~850 open interest expiring april 28 equaling about 144mm$ in gold, which would not cause that much of a squeeze

[Anonymous No.18586663]

>>18586060
>>18586516
look bro, i'm a newfag retard, gov gave me 2,500 neet bux, what do i do, i'm in alberta so we are completely fucked, like everyone will be bankrupt. do i buy peters 2,500 pacific asset management, i have just enough, i have no idea what i'm doing or if i should do anything, this money is worthless though i should spend it today

please help me anons, and god bless you.

[Anonymous No.18586699]

>>18586365
Crypto is about to do what oil did and go to new lows

[Anonymous No.18586713]

>>18585937
>>18585967
>>18586663

[Anonymous No.18586720]

>>18586430
Seems to be. Pic related is ETF and central bank demand

[Anonymous No.18586791]

>>18586699
Great so I saved all last year for 0.1 BTC for nothing. Gold and silver are nowhere online now and if they're in stock it's super overpriced

How do you trade gold anyway? What happens if someone just pulls out their gun and says give me your gold. I don't want to have to carry a weapon

[Anonymous No.18586792]

>>18584565
>comex default incoming
What? I thought they already defaulted but were covered by London.

[Anonymous No.18586917]

>>18586663
If you haven't stocked up on food and whatever you count on using for the next year, I would get that sorted out. The point of buying the metals is to store you purchasing power to buy things you need later. If you don't already have food stored, get that now since that's what you'd be buying with your metals anyway. Only when you have that stuff stocked up and have extra cash, then store your purchasing power with PMs. Buying your food, etc. now stores it while there is still supply and at a price before any further inflation happens. If you're dead set on getting PMs, silver has more upside potential but gold will be a better longterm bet. I would get some physical metals before getting into paper metal.

[Anonymous No.18586937]

>>18584444

[Anonymous No.18586965]

>>18586937

[Anonymous No.18587058]

>>18584444
Those quads aren't fooling around. Gold $4444 eom confirmed

[Anonymous No.18587096]

>>18584591
Source?

[Anonymous No.18587127]

[Anonymous No.18588423]

>>18586791
oh, anon. We've been living in this plastic world for so long that some of us forgot it already. There is only one true law, and it's the law of nature. Those who can, call the shots, and those who must, obey.

[Anonymous No.18588869]

>>18584322
>>18584591
can I get a sauce? couldn't really find anything

[Anonymous No.18589153]

>>18585932
Gold is gonna tank to 1100 and all of these people are gonna get fucked. Gold is for preserving wealth, not creating it.

[Anonymous No.18589172]

>>18584444
4k gold 2k20

[Anonymous No.18589277]

>>18586060
Also the after Ww2 is bc of Breton woods

[Anonymous No.18589390]

>>18587127
damn.... did it really change that much!?!

[Anonymous No.18589416]

Got 3k link, about 40oz silver including batbois and like 1.3k in bank. What's my move? Next paycheck is 1.3k on 1st and i can get by with like a hundred or two till then tops

[Anonymous No.18589449]

>>18588423
Only the evil wish for a return to savagery.

[Anonymous No.18589531]

>>18584322
Lol. Yah, fuck. All of the gold on earth is about 6 stories high and 2 large house lots wide. Sure, I'll take all of it if you pay me.

[Anonymous No.18589536]

>>18589449
Believe me when I say that I don't wish for it. But savages we are. My wishing has nothing to do with it.

[Anonymous No.18589568]

>>18589390
Gold crossed over 20k today

[Anonymous No.18589682]

>>18586060
Wow, a 2x. How exciting.

And then 5% off the top when you try to sell it to a dealer, and 25% capital gains tax on top of that. And by the time you want to sell it, that $3000 will buy you much less than it would today because of inflation. So really like a 1.5x in even the MOST optimistic case. Wow.

I'm so happy for you guys, seriously

[Anonymous No.18589728]

>>18589682
>I'm so happy for you guys, seriously
Thanks

[Anonymous No.18589765]

>>18584322
If I hadn’t already filled my garage with oil, the car is already on the parkway..
I guess I can build a new garage out of the gold to store the oil in.

[Anonymous No.18589774]

What are some good gold stocks

[Anonymous No.18589793]

>>18589682
>5% off the top when you try to sell it to a dealer
sell privately
>25% capital gains tax on top of that
you don't know what you're talking about. not gonna prove you wrong. go and educate yourself.

[Anonymous No.18589923]

>>18584359
but there's a shortage of metals??????? all mines are closed??? mints are closed?????????????(((paper))) jew market is not connected with reality.

[Anonymous No.18589969]

Fuck me, I just bought another 1/4 oz of gold. My Turmp bucks were burning my ass, couldn't help myself...

[Anonymous No.18590004]

>>18584322
No because there is no oversupply of gold, there was a shortage of gold bullion and coins recently because of Chinese Virus.

[Anonymous No.18590023]

>>18584444
I don't understand how gold could have an inverse outcome

[Anonymous No.18590186]

>>18584322
Oil tanked because none of the Longhodlers wanted to actually take 10,000 barrels of oil but they were mandated to take delivery.
A future's contract worth of gold (1,000 ozs) can fit in your desk drawer, and there's a shortage on the market.
It's going to be the opposite.

[Anonymous No.18590220]

>>18587127
fuuuug

[Anonymous No.18590237]

>>18589969
Once Truedope starts pulling UBI bullshit up here in leafland ill be dumping any cent the gov gives me into PMs. Ill even jack my woman checks as well

[Anonymous No.18590263]

>>18589682
Are you still enjoying your digibyte and FUN coins?

[Anonymous No.18590282]

>>18585376
I own a Roota coin, Bix had it right, timing is a bitch

[Anonymous No.18590393]

>>18590237
Probably should get a jump start on all that knowing that it's certainly on the way, along with war. There will probably be a bit of a dip on PM prices over the next couple months, but don't bet on it staying down for long, plus getting physical for an acceptable price is getting increasingly difficult. You can afford to be months, even years early, but if you're 1 day late, you're fucked. That's the world we're in right now.

[Anonymous No.18590465]

>>18589923
>all mines are closed
I work in mining and I don't know of a single mine in the US that has closed. My company has plans to keep running with 25% workforce.

[Anonymous No.18590633]

>>18590465
Mexico and South Africa mines are closed. US mint and Canadian mint are closed. Imagine being short gold or silver right now. They must be getting JUSTed

[Anonymous No.18590640]

>>18586484
yes

[Anonymous No.18590681]

>>18589416
right now i think its all about hunting for deals. i'm looking at silver that normally is pretty high premium.
but this site is a great go to to get a general idea. not always the most up to date but they do a decent job.
https://findbullionprices.com/closest-to-spot/

[Anonymous No.18590839]

>>18590633
us mint is open and ASEs are back in stock.

[Anonymous No.18590898]

>>18589969
when did you get trumpbux? did you file 2019 taxes? i haven't gotten shit.

[Anonymous No.18590970]

>>18590898
Yeah dude got my Turmp bux several days ago, probably because I was the first person to file my taxes in America this year. I jumped on that shit the second H&R block opened up a couple days after I got my W2. I didn't want to fuck around. Got my tax return long over a month ago.

[Anonymous No.18591058]

>>18590023
If you go to a metals dealer right now the premiums are insane. Silver which has a spot of like 15 or so is selling for 22 an ounce. I dont know what gold is selling for but its probably a similar percent. Everyone is trying buy physical gold and silver and it is not there from a huge rona demand and the refineries are closed. (((They))) are keeping the price down in the derivitives market which is why the real price is so different from the futures price
Rmemeber, its not yours unless it is in your hand now

[Anonymous No.18591077]

This is what the inverse of the Wti negative move would look like in gold and silver as there are many shorts than the underlying assets.

>during the legendary Volkswagen short squeeze, when countless shorts found out there were not enough freely floating shares to cover all existing short positions, unleashing a scramble to buy shares at any price and avoid being the last man standing, as the alternative was - in theory - a stock price hitting infinity (it almost did

This hasn't happened yet because there are a cartel of short holders working together and promising each other not to give up their short positions even when losing money

[Anonymous No.18591188]

>>18591058
Wait until the derivatives blow up like they just did for oil, although I believe we'll be at war by then.
>>18591077
>This hasn't happened yet because there are a cartel of short holders working together and promising each other not to give up their short positions even when losing money
Yep, and when it becomes every man for himself, all bets are off, a catastrophic bloodbath will be an understatement. These fuckers will eat eachother alive. The weak will not survive.

[Anonymous No.18591239]

>>18591188
But also unlike the VW short squeeze, the cartel can create more shares of SLV and GLD, instead of 150 paper ounces for every physical, they can make it 200 or 300 overnight.

The manipulation won't end until all the longs collectively stand for delivery which I think is starting to happen now

[Anonymous No.18591355]

>>18591239
>The manipulation won't end until all the longs collectively stand for delivery which I think is starting to happen now
Yes, they will definiately try to keep kicking the can, but that's not working for anything anymore, PM markets will be no different. People aren't going to want fake shit, and once the bigger players catch a whiff that physical demand is high and supply is shrinking, they'll call that shit in and in one day it'll all be gone. The big fish will get their physical because they're closest to governments, and the little hedge fund fuckers will have to settle in cash, which will be essentially worthless by the time this all happens. It's all a ticking time bomb but it's being ignored because of all the distractions in the rest of the minefield.

[Anonymous No.18591409]

>>18591355

[Anonymous No.18591444]

>>18584444
what a fucking retard

[Anonymous No.18591496]

>>18591444
checked
fuck you though

[Anonymous No.18591509]

>>18591409
I remember seeing a couple articles like that over the past couple weeks. Shit's definitely hitting the fan, it's just a side story to all the other shit though. It's like they want it to stay a secret.
>>18584444
>>18591444
Can't ignore those digits...

[Anonymous No.18591518]

>>18591409
Doesn't surprise me, if you can take delivery of 1000 ounce bars at spot price, you can instantly sell them into the market and make an arbitrage of a few dollars per ounce due to the premium on physical

[Grand Cairo No.18591534]

>>18589969
Not sure if Disney bullion is based or cringe.

[Anonymous No.18591617]

>>18591534
It's minted by the Niue mint, which is one of the highest quality coin minters in the world. And Donald Duck is based as fuck. Also, bullion is always based.

[Anonymous No.18591651]

>>18584444
So, stack now?

[Grand Cairo No.18591771]

>>18591617
I guess. Bugs Bunny would be pretty based.

[Anonymous No.18591817]

>>18590970
ah, good job.

[Anonymous No.18591883]

Friendly reminder that your Trumpbux should get you about 50 Oz of silver. It got me 10 batbois and some change.

[Anonymous No.18591918]

>>18591771
There is a Bugs, I actually thought about picking one up if I can get one for low premium.

[Grand Cairo No.18591947]

>>18591883
Cool, I see you're already armed

[Anonymous No.18591997]

>>18591947
Yes, you'd be a fool not to be if you have the means

[Anonymous No.18592132]

>>18584444
>>18585999
Fick man the meme magic might be speaking to us is 4000 denari enough to make it?

[Grand Cairo No.18592286]

>>18591918
Cool, imagine buying something super serious with Bugs Bunny money

[Anonymous No.18592334]

>>18584444
Yeah because people can't wait another month to get some gold right? Imagine if all the gold disappeared... basically nothing would change.

[Anonymous No.18592357]

>>18592286
They would actually probably easy to re-sell, that's why I don't mind buying some Disney branded stuff, there's a serious market for all of their shit.

[Anonymous No.18592358]

>>18592334
here let me put this in logic you could understand.
think if gaming consoles were like metals, now imagine what would happen if some wealthy people bought all the gaming consoles because they went on sale, just to hold and resale at higher values.
will they make more in the future sure, but if you want to play that badass game that just came out better shell out for that 100% premium

[Anonymous No.18592390]

>>18592358
That analogy doesn't work at all. You don't play with gold, you just keep it in a safe. It doesn't make a difference in your day to day life. It's not even supposed to swing wildly, which is what makes it a store of value in the first place. Stock to flow and whatnot.

[Anonymous No.18592714]

>>18591883
Krakengang rise up