/pmg/ Precious Metals General - They're Afraid Edition

[Anonymous No.21251817]

This is all the Media Attention we will get I'm afraid. Make sure you educate your fellow men.

>Bullion dealers
https://apmex.com/
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https://bgasc.com/
https://providentmetals.com/


https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://gainesvillecoins.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/

>Constitutional/"junk" silver info
https://jmbullion.com/ultimate-guide-to-90-silver-coins/
https://kevinsworkbench.com/junksilverguide/
http://coinflation.com
http://coinapps.com/

>Compare
https://findbullionprices.com/

>News
https://kitco.com/
http://silverseek.com/
https://mining.com/

>Bullion tax info by state:
https://apmex.com/state-sales-tax-information

>Prospecting
https://youtube.com/watch?v=ZCL6FKQZyoM
https://usgs.gov/energy-and-minerals/mineral-resources-program/science
https://gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/mt-faqs/faq_fmc.pdf
https://mndm.gov.on.ca/en/mines-and-minerals/mining-act
https://amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Test
Nitric Acid
https://youtube.com/watch?v=3mg9YcAShTo
Magnets
https://youtube.com/watch?v=NgSXg-WOEVY
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

>YouTube/Podcasts
https://youtube.com/user/silverguru David Morgan
https://youtube.com/user/SprottGlobal
https://youtube.com/user/KitcoNews
https://youtube.com/channel/UCqmToXM7x2tD7-2rs0KvObA
https://youtube.com/user/GoldAndSilverClub1
https://youtube.com/user/whygoldandsilver
https://youtube.com/channel/UCED7G7CZfqdSV9zttlr1M_g
https://youtube.com/user/belangp

Additional /pmg/ resources and info--
https://pastebin.com/8HW6EdGt

[Anonymous No.21251846]

>>21251817
>Krab
Oh my God, what have I done...

[Floor Stacker No.21251849]

>27.99 rejected again

[Anonymous No.21251865]

>>21251817
1st for we have a new shill, the old one got fired, the new one replies to 6 people per post, refuses to ever answer questions, and generally posts pilpul to shit up the thread before pretending to be some spoopy economic insider.

Delenda Judea est

[Anonymous No.21251903]

VOILA! Just like that silver will never be below 28 again!

[Anonymous No.21251904]

Silver’s midnight shit after too much Chinese food

[Anonymous No.21251909]

>>21251846

[Anonymous No.21251913]

>>21251865
Still better level of discussion than the SLV Jews, even if he's wrong.

[Anonymous No.21251920]

Just dropping past to say Keynesians get the same bullet as the Marxists, Austrians are alright.

[Anonymous No.21251927]

Why are prices crashing? Because of no stimulus?

[Anonymous No.21251930]

>>21251865
one thing that he said was that his metals dealer paid him spot price (which he has never done in his 10 year relationship) wouldn't that be a huge indicator of a shortage in people buying physical?

In other words, people are buying out the dealer's silver so much that he is willing to pay spot just to fill his supply

How does he not see that as an indicator?

[Anonymous No.21251944]

>>21251913
blessed ID

[Anonymous No.21251953]

>>21251927
It happened when the Chinese Market was open, you tell me.

[Heavyrotation No.21251960]

>>21251865
Just logged in and noticed that too. d1W1BWNp From last thread already filtered.

[Anonymous No.21251984]

>>21251927

Said this in the last thread just before it got full:

"Craig Hemke predicted yesterday that they would try to manipulate the price somewhat under 2000 dollars. That's the golden mean. Not too low that the COMEX will overwhelm them, but low enough that they can shake out weak minds who think that the rally is breaking down."

Also pointed out this:

"People in Europe aren't getting shaken out by this. Fewer and fewer people are stupid enough to sell their mining stocks. Aurcana is up 6%, Metallic Minerals is up 18%, Bayhorse Silver, DSV, SPA, are holding their enormous gains from yesterday."

[Anonymous No.21251988]

>>21251927
https://www.tradingview.com/symbols/TVC-HSI/
(Hang Seng Index)

[Anonymous No.21251990]

>>21251865

No, I think he's just misguided, and clearly doesn't have any good answers for Keynesian econ being bullshit.

Shills don't engage directly like that, because they'll get BTFO and they know it. They just spam and troll.

[Anonymous No.21251996]

Pic related, buy real PM,
USD collapse by end of 2020

[Anonymous No.21252037]

>>21251849
>27.9917
I even set it a bit higher

[Heavyrotation No.21252038]

>>21251984
I caught that. I was trying to grab some gold ounces from online shop at around 1986 futures.

[Anonymous No.21252042]

>>21251990

If he or anybody else is misguided but sincere, then let us simply engage with them and answer them with civility. And if our enemies have realized that spam will be banned from now on, so that they have to become more sophisticated, that will only go against them. Their arguments are easily met and dealt with. Trying to deal with us on an intellectual level will be disastrous for them.

[Anonymous No.21252084]

>>21251920
Austrians are the only legitimate form of economics.

[Anonymous No.21252129]

>>21252042
>Trying to deal with us on an intellectual level will be disastrous for them.

[Anonymous No.21252131]

Bros, this chart legitimately scares me. Holy fuck. What is happening.

[Anonymous No.21252155]

>mfw I have no chart

[Anonymous No.21252163]

>>21252084
>legitimate form of economics.
it's a "soft science" anyway, and the people who study it should study really history along with the mathematics and dogma.

>>21252131
That's some shit.

[Anonymous No.21252183]

>>21252131
Sell off, lots of kids on their smartphones bought metals. Now they're cashing out. Prices of the physical metal still didn't changed, that's all that matters. Don't worry too much about the spot price, it stopped to matter in the middle of March.

[Anonymous No.21252186]

>>21252131
When you drop silver, what sound does it make? Chink

[Anonymous No.21252214]

Dips over boys buy buy buy

[Anonymous No.21252217]

>>21252163
Austrians actually study history and have written many books on economic panics of the past.
The most in depth book on the great depression was written by an austrian.
https://en.wikipedia.org/wiki/America%27s_Great_Depression

[Anonymous No.21252231]

>>21252183
>>21252131
WHAT WILL HAPPEN TO MINERS TOMORROW?

[Anonymous No.21252236]

what's silver doing rn, i'm a filthy phoneposter and I can't be assed to check

[Anonymous No.21252283]

>>21252231
I dunno, I'm not a fucking prophet. I only own European Miners and they're all in bright green for me.

[Anonymous No.21252294]

[Anonymous No.21252301]

>>21250811
>mfw bought mining stocks today after stacking
The bog meme is real

[Anonymous No.21252321]

>>21252131

It's manipulation, pure and simple. There are 500 paper ounces of silver in SLV for every real ounce. The bankers can dump as much paper as they want on the market to suppress the price. They want to achieve a golden mean between not getting bankrupted on the COMEX, and shaking out as many weak minds as they can. We may see this kind of range-bound activity for a few more weeks, but expect silver to go to $35 and then begin climbing to $50 as we get closer to the FOMC meeting (where YCC and inflationary policies may be announced) and COMEX deliveries in September (when the COMEX may actually default).

[Anonymous No.21252330]

>>21251930
The kind of person selling their PMs to fix a car probably cant pick up on that. Don't know why anons felt the need to reply to him so much but oh well.

That UK anon that told us the other day that he went to a coin shop and the guy wouldn't even sell him his silver really put it into perspective, all the physical is disappearing with no signs of production keeping up with demand. The paper price can fluctuate but that doesn't matter if you cant buy physical.

[Anonymous No.21252371]

>>21252294
It's fiiiiine, it actually looks very good, with a Jewish twist to it.
Make yourself feel better with the knowledge that JP Morgan has to work overtime because of us.

[Anonymous No.21252386]

SLV + Physical chad here. Leveraging 2400 oz of silver with late September Calls, and have about 500oz of physical silver and 4oz of gold. Had a good month!

[Anonymous No.21252415]

>>21251817
in-case you live under a rock, most 'mericans have that 'ideology'. The jig is well up.

[Anonymous No.21252430]

>>21251865
Srysly, there should be a minimum height to be FED chairman or any sort of important official/bureaucrat. Shit, 6ft should be the minimum height to even work in government.

[Heavyrotation No.21252466]

Getting ready to pick up some oz. https://www.bgasc.com/product/2020-canadian-gold-maple-leaf-coins/canadian-gold-maple-leafs-other-canadian-gold-coins

Been expecting this dip since last night.

[Anonymous No.21252474]

>>21252330

It's remarkable that, if you want to buy a silver Britannia right now, it costs you £33.36 on BullionbyPost. In other words, $43 silver. In other words, you pay a 52% premium. On eBay, you sometimes have to pay £40, which is an 84% premium. And people are willing to pay that.

[Anonymous No.21252510]

>>21252474
when metals go up numismatics go twice as high or more.

[Anonymous No.21252530]

What are you literally going to do with your stacks when economy will collapse ? Will go to the LCS or trade your coins for food? I'm genuinely interested

[Anonymous No.21252536]

>>21252510

Britannias are the standard investment coin in Britain, not numismatics. And I am even talking about 2020 Britannias here.

[Anonymous No.21252561]

>>21252510
Not just that, bars have the same price. Hand-poured, pure but ugly silver costs the exact same amount... and it still sells.
>>21252330
>That UK anon that told us the other day that he went to a coin shop and the guy wouldn't even sell him his silver
Eeeey, that was me. Mind-blowing, huh? He straight up say no matter how much metal I have, he can buy everything today.
Never selling, something fucking bad is on the horizon...

[Anonymous No.21252567]

>>21251865
The old shill was anti-Physical shill
The one we shall name him USD shill

[Heavyrotation No.21252589]

come to Poppa...

[Anonymous No.21252595]

>$1,996.45

OHNONONONO WE GOT TO COCKY GOLDBROS I AM FINANCIALLY RUINED

[Anonymous No.21252597]

Btw, does it make any sense to buy PMs if I'm not from US and live in the mono-resource-economy country?

[Anonymous No.21252637]

>>21252597
The whole world will be boned by a global depression for the next couple years.

Do you trust your govt not to print money hand over fist if things get bumpy? You they'll print, then you should stock up on some shinies

[Anonymous No.21252638]

>>21252536
>Britannias are the standard investment coin in Britain, not numismatics
britain isn't the only buyer....
>>21252561
>bars have the same price

fair enough. maybe it's not just collectors then. There are people that collect bars, but not nearly enough to move prices on their own.

[Anonymous No.21252639]

>>21252474
I've been looking on the Australian and German eBay and it's clear there is way more sales of silver than a year ago and at prices about double a year ago. It means people are OK to pay that much and collect a little bit. When people realise that the $10k in savings is going out the door they might buy $1k of silver or gold. Multiple that by millions and millions of people. This isn't the Hunt brothers anymore.

[Anonymous No.21252690]

It looks like happening is canceled and silver will never be above 30 again.

[Anonymous No.21252711]

i got some old mexican silver coins
am ii rich yet?

[Anonymous No.21252727]

>>21252231

In Europe:

Metallic Minerals +17%
Aurcana Corp +6.36%
Sierra Metals +3.62%
Almaden Minerals +2.54%
Aztec Minerals +2.75%
Great Panther Mining +1%

Silver One neutral.

DSV holding yesterday's 10% gain.
Bayhorse Silver holding yesterday's 35% gain.

All silver stocks.

[Anonymous No.21252735]

I can't buy any silver in my country so I bought 2oz of gold

[Anonymous No.21252740]

>>21252530
5 cows and a virgin for 1/oz silver. Better stack up buko

[Anonymous No.21252777]

>>21252131
its absolutely fucked, this is starting to feel like a full blown reversal rather than healthy pullback

[Anonymous No.21252778]

>>21252690
Drats. If only there was something that allows things to play out over an interval and inflaction can eat away at fiat currency, then we can see real purchasing power.

[Anonymous No.21252802]

>>21252638
You got one thing wrong, but it's fine. So let me explain how it works in the UK and why "Britannia" is a standard investment unit here, and not the low premium bars.
In the UK buying gold is tax free, you just pay for the metal and whatever premium it currently holds due to many reasons. Silver has VAT tax, but you can just buy from people who got if from Estonia (tax free) for much cheaper. They usually sell a lot of it, moving metal from one country to another. Yes, it's legal... for some reason...

Anyway, so the Britannias, right? They are "Legal Tender" in the UK, they have a face value and you can pay with them technically speaking (tho the metal price is much higher than the face value). This has two benefits:
1. It's very fucking illegal to fake them, you go to jail like you've been printing money. Nobody would ever risk selling a fake Britannia.
2. Since it is a Legal Tender IT'S CAPITAL GAINS TAX FREE WOOOOO
You can buy a million Pounds worth of Gold in Britannias, pay a very small premium on a coin and then sell it later. You can keep every penny of a profit you've just made and the Tax Office can suck a fat dick. The capital gains tax simply doesn't apply to all of the Britannia Coins.

That is why if you're a Brit, you only buy Britanias, and that's why they're so expensive right now. We're actually running out of 2020 mintage slowly.

[Anonymous No.21252809]

>>21252777
Checked and based

[Anonymous No.21252830]

>>21252777
Please go under $10!

[Anonymous No.21252840]

I purchased $11 put options on SLV for january '21

If SLV goes to zero, I'll get paid $272 for every $1 I put down. Then I'll go hog wild buying juniors

Do you think this is a good plan?

[Anonymous No.21252842]

>>21252735
Based

[Anonymous No.21252870]

>>21252321
>500 ounces of paper silver for every ounce of physical on SLV
source?

[Anonymous No.21252873]

>>21252840

If SLV goes to zero, the juniors will be going 100x, so don't understand why you wouldn't simply buy all the DSV you can get your hands on.

[Anonymous No.21252896]

>>21252430
govt work is literally for subhumans and the disabled

[Anonymous No.21252918]

>>21251817
Here's a fun exercise /pmg/.

https://catalog.usmint.gov/america-the-beautiful-quarters-2019-silver-proof-set-19AQ.html?cgid=silver-quarters#start=1

Those are just over 1/5oz coins. Now try to find fractional .999 silver (say, 1/4oz or smaller) cheaper than that.

Tip: there's some ugly Indian rounds out there that'll work, but look at the fractional silver landscape.

[Anonymous No.21252919]

>>21252870

Dozens of interviews which Chris Marcus conducted, for his book "The Big Silver Short," with insiders in the silver and mining industry. They universally agree the volumes traded on SLV, as compared with the minuscule amount of above-ground silver, including both annual supply and that in stockpiles, imply that the Paper: Real ounce ratio has to be at least 500:1, if not higher.

https://www.youtube.com/watch?v=egD6yjimNno

[Anonymous No.21252996]

>>21252896
When the British weren't retarded and rules the waves and lands... they had about 4,000 bureaucrats running it all. You should read some books about that you nigger. Having a 6ft height limit means you get rid of about 95% of government workers and those that are above 6ft tend to be a lot smarter than 5ft midgets. It's a fact you black.

[Anonymous No.21253055]

>>21252918

[Anonymous No.21253091]

>>21253055
Pfffhahahahah...

[Anonymous No.21253114]

>>21253055
Oh fucking hell great timing lol. The cost of the 5 coins is 36.95, with 1.02 troy oz. total silver.

[Anonymous No.21253157]

>>21251817
The market is closed in China now. The sell off is over

[Anonymous No.21253182]

>>21252802
>We're actually running out of 2020 mintage slowly.
how much of that is being sold to your fellow Brits and how much of that is going oversees to the US?
I have a suspicion your tiny island is selling every last drop of gold to the US for fiat and is about to get fucked per that one anons horror story.

[Floor Stacker No.21253185]

>>21253055
I love you guys for breaking the us Mint. Truly based

[Anonymous No.21253197]

NOOOOOOOOOOO ANYTHING BUT MY MINERS

[Anonymous No.21253201]

>>21253157
The chink market is never closed, just remember this for the future.

[Anonymous No.21253205]

>bought the literal top of JNUG
>bagholding and sweating over the weekend
>going to be another bloodbath on open
Can the world just end now so that markets don’t open later?

[Anonymous No.21253213]

>>21252873
I can buy 270x in juniors in this scenario.

The same strategy with GLD will pay out 1700x
I should put $100 down like a lottery ticket

[Anonymous No.21253251]

>>21252321
The comex defaulting will be comfy to watch. The reptile part of the brain might actually wake up in normies that things are bad.

[Anonymous No.21253254]

>>21252474
the 80% premiums are counterracted by the fact that you can then charge the same 80% premium if you sell it on Ebay. so the only real premiums are the Ebay seller's fees.

[Anonymous No.21253261]

>>21253182
>how much of that is being sold to your fellow Brits and how much of that is going oversees to the US?
Coin Dealer I talked to said nobody is buying any gold and silver in our whole area, there is even less interested people than usual. Britan is getting wiped clean when the times comes, they're selling most of their mintage outside of the UK by the looks of it. His theory was that normal people in this country have never experienced that kind of crisis before, they simply don't know that the right thing to do is to buy metals RIGHT NOW. More for me I guess, but then again, a lot of people in the UK are rather poor and have like 2k in savings and they all rent, ain't much to invest here.

[Anonymous No.21253270]

>>21252155
>mfw I have no chart
I must scream

[Anonymous No.21253290]

>>21252777
The intelligence operations right now must be fucking intense. I wonder if that's what biden's doing in his little hole.

[Anonymous No.21253300]

Damn stamped sterling is fuckin expeeeeeensive
$130/t.oz of IMPURE silver just because I want a fancy box for my snuff?

>>21253185
kek we cornered the market on collectible ATBs!
I read something about more minting to take place this year (probably to make up for lost productivity?)

>>21253261
then why the hell is the dealer selling silver if he thinks that kind of hell is coming?

[Anonymous No.21253303]

>>21252561
Thanks for the story anon always like hearing what its like on the ground in different parts, have a similar one from LA around the march dip. A "We buy gold store" wouldn't sell any silver he had either but was fine selling his gold strange enough. He had so much silver from the years of buying it cheap he plans to hold until the day hes rich.
Ended up buying some USSR Olympic silver form a pawn shop further down the road but the lady behind the counter didn't know any better.

Nowadays here it feels like anything I really need is in short supply or non existent. Lots of the cheap shit from China is drying up or increasing in price, beef at the store is skyrocketing, silver in the wild is non existent, more homeless, no one paying rent, very little economic activity... don't know if its all the QE or what but feels like everyone here is in a summer lull.

[Floor Stacker No.21253327]

Totally normal price action. What is it about 28 that's so important?

[Anonymous No.21253379]

Fuck!
Why did I not wait to by that gold sovereign. I could have saved like $40.00 at least
stupid pullback always timed to fuck me

[Anonymous No.21253402]

>>21253300
>then why the hell is the dealer selling silver if he thinks that kind of hell is coming?
Didn't saw my post? >>21252561
He said he's not selling any gold and silver right now as far as the bullion goes. Only watches, rings, necklaces and all that. He sounded a bit desperate when he said he'll buy any amount of metal from me, I bet I could liquidate a kilo of gold at his place the same day if I wanted to.

[Anonymous No.21253444]

>>21253402
I am going to assume he is a jew?
Just because he is a lesser jew does not mean he is not aware of what is about to happen. He is building his life raft just like the greater jews

[Anonymous No.21253463]

>>21253327
>US mint website closed
>massive consecutive dips
I smell something a-brewin' lads

[Anonymous No.21253465]

>>21253402
I guess I read it wrong, oops

[Anonymous No.21253469]

>>21253303
>Nowadays here it feels like anything I really need is in short supply or non existent. Lots of the cheap shit from China is drying up or increasing in price, beef at the store is skyrocketing, silver in the wild is non existent, more homeless, no one paying rent, very little economic activity... don't know if its all the QE or what but feels like everyone here is in a summer lull.
Fall of the Roman Empire. Normies choose to ignore the obvious signs and continue to take more debt.

[Anonymous No.21253603]

AAAAAAAAAAAAAAHH

[Anonymous No.21253604]

>silver wasn't going down yesterday
>now it's not going up
Who is responsible for this?

[Anonymous No.21253635]

Anyone else see these 50c vertical drops? Two today, one on 7 Aug.
Why would human traders coincidentally all sell at once and push down the price 50c so quickly like that?
Feels like manipulation to me.

[Anonymous No.21253738]

>>21253603
WHY IS EVERYTHING RED

[Anonymous No.21253745]

What is the most preferable fineness of the silver coin - 925/1000 or 999/1000? Some anon wrote in last thread that 90% is the best, does it relate to the fineness?

[Anonymous No.21253782]

TIME TO BUY GDXJ

[Anonymous No.21253801]

>bought 250 oz friday at 29
>its falling to 27
fuck ...

[Anonymous No.21253804]

>>21253604
SNIB SNABZ IT BE DA CRABZ

[Anonymous No.21253809]

>>21253745
Old, less fine silver coins have an advantage, in that a) they are less delicate since they were designed to be circulating currency, and b) they don’t attract attention the way blazingly sparking new, usually very fine bullion coins do. Also, your old junk being a little scuffed up is expected, whereas if you try to sell your two-year old Eagles and there’s a big scratch or milk spot on it, that usually meant no premium for you (although this is perhaps less of a concern today).

Beyond that, it’s really just a matter of taste.

[Anonymous No.21253814]

>>21253635
This does not only feel like manipulation, this is very clearly manipulation. Normal market behaviour looks differently.
But when taking into account that september is not any more far away, we can be sure to see more like this in the near future.
Bankers are already shitting their pants and panicking, and despite all their games and manipulation, they lost control and things are now working against them.

[Anonymous No.21253841]

Gold down 2% what bullshit wizardry is this

[Anonymous No.21253856]

im fucking seething
FUCK sake start buying again you CUNTS

[Anonymous No.21253861]

>>21253782

GDXJ on the London Stock Exchange is now the same price as it was on 21 July, three weeks ago, when gold was below 1800. Anybody who isn't buying all the mining stocks they can get right now is insane.

[Anonymous No.21253864]

>>21253814
In a way, does spot price even matter anymore? If you check on eBay that a given weight of metal sells for X dollars, that’s the real world price. There is a fixed amount of collector/small fry coins in the world, so real world, pleb, on the street demand for these coins determines how valuable they are or arent.

[Anonymous No.21253897]

>>21253864
the market is dominated by paper traders and thats all that matters.
real world plebs buying silver and gold coins off ebay for 40% premium are irrelevant.

[Anonymous No.21253908]

I said last week we would correct sometime this week. There's no way things go parabolic without some pullbacks... people will sell sell sell because they get afraid they missed out on their opportunity for profit the same way people here fomo into silver. This is the bear trap

[Anonymous No.21253914]

>>21253814
As a little thought experiment: if silver's spot price fell to $10 tomorrow and yet 1oz ASEs still sold for around $40 on eBay auctions every day, would you care about the former? Why?

[Anonymous No.21253930]

>>21253861
Do you recommend any other mining ETFs? I'm thinking of just getting GDX/GDXJ/SIL/SILJ for now but I don't know what else do get.

[Anonymous No.21253933]

>>21253861
please explain to me what that means

[Anonymous No.21253953]

>>21253897
But isn’t the “pleb price” precisely what most of us here care about? If I can be pretty sure I can sell my 1oz coins for $30-$50 a piece each, what else could be possibly more relevant?

[Anonymous No.21254019]

>>21253930

>>21253933

GDXJ, the best index of the junior miners, should be 3x higher than it is right now, simply to achieve a normal Mining Stock:Gold ratio. Then when you consider that GDXJ offers 3x leverage to the price of gold, and that gold is going as high as $15,000 by the end of this bull market, you see that you are missing the opportunity of the century when you don't buy these mining stocks.

>>21253930

GDX/GDXJ and SIL/SILJ are the standard indices; there aren't any better ones. You have leveraged ETFs, like JNUG, but only fools and gamblers buy those, because they decay over time, and you are taking on unnecessary risk. If you want to diversify away from the ETFs, and take on more risk, simply buy good small-caps like SPA, Wallbridge Mining, and DSV.

[Anonymous No.21254085]

>>21254019
Thanks. I've never invested in ETFs before but I'm starting because of all the recent stuff going on. Those 4 will be my first buys.

[Anonymous No.21254110]

>>21253953
I care about the long term, my dude. The pressures driving this market are almost unfathomable due to the age and complexity of the manipulation that has occurred. I think Bix is dead on the money about how high this shit will get and how you have to start thinking in $1000+ oz silver. Shit's gonna get fucking crazy. My personal bet is that all leverage numbers are bullshit and the real paper:silver ratio is 5000:1, but who knows if that's true or not.

[Anonymous No.21254112]

Mining stocks in Europe are getting bid up right now. Ignorant speculators are panic-selling GDX and GDXJ, but people who buy small-caps know the worth of these stocks and don't believe in this manipulation.

Metallic Minerals + 17.73%
Defiance Silver +5.18%
Aztec Minerals +3%
Dolly Varden +1.5%
Sierra Metals +3.62%
Wallbridge Mining +3.57%

[Anonymous No.21254128]

>>21253469
I just wonder if like the Romans we will leave anything behind. I have honestly lost all sympathy for the normies at this point as they had a chance like the rest of us, but if the current happening wont change them nothing will. All I can do now is continue stacking an prepare my family for what is coming next.

[Anonymous No.21254157]

>>21253953
>If I can be pretty sure I can sell my 1oz coins for $30-$50 a piece each
Yeah but how?
By selling one at a time on ebay where you get raped by fees, buyer protection, shipping costs, and all the god damn time you have to spend?
I have a pretty decent stack of 2000 ounces. I can't imagining selling one at a time. I have to bulk sale, either to a distributor, refiner, or some trustworthy person I know if I'm really lucky. I can't imagine getting 40% above spot from them.
Spot still matters for cashing out.

[Anonymous No.21254164]

>>21253864
>>21253914
Spot price matters in so far as it determinates the wholesale price, and therefore revenue and profits for silver producers.
However, once it is evident that Comex is truly insolvent, miners will be the ones setting the price. In some interview a few months ago, First Majestic's CEO even called other producers to simply stop delivering product until silver is farily priced.
But when looking at the retail market, spot price stopped to matter already a long time ago. Just look at March, when spot was $11 but physical silver still sold for ca. $20, and in some European countries for even more. We as retail investors can consider us lucky that spot and retail prices still move somewhat hand in hand, otherwise we would have to pay way more than we already do. Though I fear that the day the price of physical silver and paper silver decouple completely is not anymore far away - this might happen already in September.

[Anonymous No.21254190]

>>21251817
https://www.bbc.com/news/business-53733440

[Anonymous No.21254242]

>>21254190
Nice. I just had a thought. Who wants to bet on how many r/wsb retards just got raped out of their money by this move?

[Anonymous No.21254280]

>all the failure fags in this thread whining about silver falling my a buck.
if you fucking retards bought Silver/Gold as a short term investment, kill yourself right now, you aren't smart enough to be investing, and you probably aren't smart enough to keep breathing. The rest of us are in for the long haul.

[Anonymous No.21254301]

>>21254112
No robinhooders trading these stocks

[Anonymous No.21254330]

I GOT MARGIN CALLED WHEN I WAS ASLEEP

[Anonymous No.21254373]

>>21254280
I only started buying last week just cause you fucks conned me with doomposting and 50$-100$ EOY predictions.

[Anonymous No.21254374]

>>21254330
Post proof faggot

[Anonymous No.21254394]

>>21254190
Imagine investing into the stock market at London Exchange right now. Sell while you can, lads. Put that money in gold, hard times are coming.

[Anonymous No.21254419]

>>21254373
It will be $50 before 2021, don’t worry about it.

[Anonymous No.21254422]

>>21254373
It's still going that high, so why worry about it?
Unless.... you didn't buy PAPER, did you?

[Anonymous No.21254442]

>>21254394
>5oz
WHO AM I TO DENY THIS CODE, 5 MORE OUNCES IT IS

[Anonymous No.21254464]

>>21254373
it's going up, but we are waiting on institutional changes in the monetary system, you have to wait it out. Silver isn't like the retarded coomercoins you usually spend all your money on, it's an actual valuable commodity, that has real world consequences.

[Anonymous No.21254533]

>>21254157
swap for land.

[Anonymous No.21254676]

>NORmal

[Anonymous No.21254683]

shorting gold was a viable strategy
I was right, but it's a shame they dropped under $2000 when I was asleep

well I'm still $9500 richer than before the short so thanks

[Anonymous No.21254716]

>>21254683
Nice, I prefer my clinking shiny metal, but your gains are very respectable.

[Anonymous No.21254754]

Question: How do you actualy make bank off of this then? When's prime time to sell - mid, late or post crash?
Say I get $100 of PM.
-If I sell mid-hyperinflation/crash, it'll be at it's highest possible 'fiat value', which can then be traded for more of the inevitable new currency.
-If I trade for high-value goods late crash, when the new currency is being prepped and nobody can trade in for fiat, the goods I get (property, land, etc) should be at their best conversion rate to PM; at which point, post crash the assets return to standard (higher) value.
-If I trade for the new currency post-crash, it'll be at a baseline value - but wouldn't selling here just mean I have the same value as the benchmark set for the non-investors buy-in much earlier in the crash (where the value is lower than the mid-crash in fiat)? How would the PM be any more valuable than simply it's original should-be conversion rate pre-crash?

Not criticising, just wondering when to maximise those gainz.

[Anonymous No.21254771]

>>21254533
I intend to. Real estate is the final boss of the investment game.
But I would still need a high and realistic spot price. I won't benefit from the divergence between paper spot and physical premium when I bulk sale/trade. Maybe we will get there some day, but for now the paper price is still extremely important and significant to all of us.

[Anonymous No.21254777]

Perth Mint has NO physical silver liquidity beyond their coin range, up to 1kg coins. And even then i dont know how much of that they have on hand. I know this for a fact, but you can verify this for yourself by going to their website.

What does this mean for the silver market? If even the Perth Mint has no physical liquidity are the memes true?

[Anonymous No.21254797]

>>21254280
I am in this for the long haul I have physical and miners long term I just like to trade futures for fun and abit extra cash, turns out I’m just not very good at it

[Anonymous No.21254826]

>>21254754

Fiat value is rarely the correct way to measure PMs. The ratios to pay attention to are the Dow:Gold and House:Gold ratios, along with the Gold:Silver ratio. When gold becomes overvalued when compared to these, that is the point at which you sell. A DGR of 1:1, for example, would be a reasonable time to exit a part of one's position, and diversify into a new asset-class.

[Anonymous No.21254837]

>>21254754
You can apply this principle to any other investment, crypto, real estate, rolexes.
And yes, you’re right, it will be a difficult choice in some of these situations. I’m betting on basic human instincts, Normies are brainwashed for now and don’t see metals as valuable, but I refuse to believe that 7000 years of history was wiped by the Communism. Gold and Silver are the only real money this planet has, everyting else always collapsed.

[Anonymous No.21254857]

>>21254826

>When gold becomes overvalued when compared to these, that is the point at which you sell.

When gold becomes overvalued when compared to the former two, or when silver becomes overvalued when compared to gold, that is the point at which you sell.*

[Anonymous No.21254870]

>>21254777
Anon, soon most of the planet will have a massive physical silver shortages. Tech just consumes too much of it. $100 per ounce of silver is very fucking tame.

[Anonymous No.21254918]

>>21254777
Is nobody going to check these fucking digits!?! $100 EOY

[Anonymous No.21254941]

>>21254870
god damn i am so ready to feel this shit. all i wanted out of my suicide stack was enough for a holiday because i'm a retarded youngster who still gets to be financially irresponsible for another 6 years and here we all are about to make it. On the other hand i'm also ready to be kicked into the fucking dirt purely for the memes.

[Anonymous No.21255007]

>>21254941
>get sent to gulag for withholding valuable shiny rock from gubbermend and disadvantaging the proletariat in the glorious new evolution of the neoliberal socialist state into fullblown communism
>>purely for the memes.

[Anonymous No.21255062]

>>21255007
The pleasure of posting here „I FUCKING TOLD YOU” one last time before you’re sent to Antifa Gulag would be more than worth it. Yes! Boomer fucking rocks!

[Anonymous No.21255118]

I just put money in my broker account for the first time ever and I can start buying the mining ETFs. I want to just throw $1000 into each one (GDX/J, SIL/J) but I'm too scared to take the plunge.

[Anonymous No.21255187]

>>21255118
Pre-crash the general consensus was 60-70% Gold hold, rest in Silver/Plat/Pall/Copp to diversify; but as of now, Pall seems next to spike of the major, but Silver is the reliable fave.

[Anonymous No.21255206]

>>21255118

Your own fear is the strongest argument that the bull market has not even started yet. Bull markets climb a wall of worry.

If you buy the GDXJ, you are objectively a value-investor. You are buying something which is objectively cheap, and which should already be 3x higher on the basis of the Gold:Gold Miner ratio during the past century. Whereas people buy something Tesla without blinking, even though the company is completely worthless.

[Anonymous No.21255231]

>>21254394
the london stock exchange is up 2.4% right now while gold is down 1.9%

[Anonymous No.21255258]

Fuck, I hate Yahoo finance so much. They are contantly shilling stocks and saying they will continue to rise, yet shit on PM every time they can

https://finance.yahoo.com/news/gold-price-forecast-september-correction-003727631.html

[Anonymous No.21255270]

>>21255231
Low quality bait

[Anonymous No.21255279]

>>21255270
how is it bait? literally load tradingview

[Anonymous No.21255314]

>>21254683
I remember you in the last threads. I also predicted a fall in silver this week but wouldn't have had the balls to short anything. Congratulations

[Anonymous No.21255333]

If Asia crashed the market so hard why would Americans not crash it even more? We're probably going under $1900 today

I'm shorting gold again lads

[Anonymous No.21255414]

>the real money to be made is in mining stocks

look i hold some physical silver and everything, but lets be real there is more money to make than just hoarding physical silver

[Anonymous No.21255422]

>>21255333
>he's shorting Gold again
I both love and hate you shortie fucks, I both hope and hope you don't make money

[Anonymous No.21255486]

>>21255279
>daily fluctuation means the trend is reversing and UKs economy gets stronger
Nigga pls

[Anonymous No.21255498]

AHHHHHH

[Anonymous No.21255502]

>>21255333
Stop stealing my money

[Anonymous No.21255534]

>>21255502
why did you buy shiny rocks for real money in the first place?

[Anonymous No.21255546]

>>21255333
Checked, I love Kuro and Illya, but Miyu can go fuck herself.

[Anonymous No.21255573]

>silver go up 3%
>miners crab
>silver goes back to yesterday morning levels
>miners crash

>>21255258
The article is from FX Empire, they are extremely negative on gold. Yahoo mostly just aggregates the articles from different websites. Zacks is fairly bullish for example.
https://finance.yahoo.com/news/gold-sees-fresh-highs-en-100210105.html
So is motley fool
https://finance.yahoo.com/m/691cff13-721d-3dae-91b1-6c598ec6964f/how-high-could-the-price-of.html

[Kinesis Shill No.21255582]

IDK what's going to happen in gold, but every silver dip has been bought. The ratio is still at 70:1. The silver price crabbing while gold falls should be good for miners as the general market gets less scared about next year's revenue

[Anonymous No.21255602]

we're in the biggest correction on shiny rocks since march/april

the probability of crash is pretty high

>>21255546
don't say that

[Anonymous No.21255697]

>>21255602

Silver small-caps are still holding. Defiance +5%, Sierra +4%, Aurcana +2%, Great Panther +2%, Dolly Varden 1%. Bayhorse asking price has gone up to 0.141 euros or 0.22 CAD--yesterday's peak, when it was up 46% on the day. DSV holding yesterday's 10% gain. Only ignorant speculators, who are more likely to buy the ETFs, are selling into the manipulation right now. Intelligent investors are giving away nothing. They know that only idiots are panic-selling their mining stocks at this point.

[Anonymous No.21255734]

yep, we're crashing today - every price above $2000 was decent for a short

I'm so sorry lads. I promise I will buy your shiny rocks from you when this is over okay?

[Anonymous No.21255753]

>>21255602
That crash was predicted by every Metal Youtuber I’ve watched in the last 2 months. One last stack up before end of the year fuckery. Takes no genius to predict a dump after a parabollic increase, only LINKers buy a sharp top like that. Hold fast, lads. Discount is coming.

[Anonymous No.21255802]

>>21255753
>That crash was predicted by every Metal Youtuber I’ve watched in the last 2 months
which one of them earned some money from making this prediction?

[Kinesis Shill No.21255809]

>>21255734
Watched bloomberg yesterday and they had a guy from tiger 21 on (rich people community) and everyone rich is increasing their gold position in the US. Everyone consulting family offices is saying keep at least 5% in gold. I'd exit pretty soon if I was short. Gold is the most crowded trade among the super rich right now according to every bank and trader and they're not putting their money there for a couple months and still have a ton of dry powder

[Anonymous No.21255825]

>>21254771
silver is heading for 1:1 with gold. and bitcoin. silver long long term is passing gold.

[Anonymous No.21255826]

I just calculated that dropping to $1800 would earn me $100,000

please make it happen burgers

[Anonymous No.21255827]

>>21255753
>metal youtubers

[Anonymous No.21255830]

>>21255734
range of crash/correction?

[Anonymous No.21255874]

>>21255809
cool story bro.

[Anonymous No.21255877]

>>21255830
I don't know
I don't define range because we always go past it or don't reach it at all

>>21255809
>super rich people are stupid
tell me something new

[Anonymous No.21255888]

fuck it, im shorting

[Anonymous No.21255897]

CMONNNNN DIP MORE YOU DUNGUS

[Anonymous No.21255901]

>>21255825
Not for the next 300 years

[Anonymous No.21255913]

>>21255888
thank you.

[Anonymous No.21255921]

>>21255827
What? Backyard Bullion is a based guy.

[Anonymous No.21255934]

>>21255901
you have no idea.

[Anonymous No.21255956]

>>21255934
I’ll bite, what’s your schizo theory?

[Anonymous No.21255994]

What does Ausfag think about SVL mining? Think about selling my etf and getting mining stock instead because of these comex posting going on.

[Anonymous No.21256112]

>>21255994
Just bought some ETPMAG, hence why it is dumping...

[Anonymous No.21256147]

>>21252777
28 isn't a full blown reversal. If it hits 25, then we may be seeing a reversal. And when it does, buy more. Goes even lower? Buy more. Paper shills can't keep this up forever. Inflation is going to look like a hot air balloon by December with all the printing, just keep stacking the further it goes down

[Anonymous No.21256155]

>>21255994
just get an iron ore miners at this point, at least its a rock thats useful unlike silver and gold which is literally held by schizos

[Kinesis Shill No.21256177]

>>21256155
ok aristotle

[Anonymous No.21256225]

>>21255826
shut the fuck up already. Stop shitting up this thread u loser

[Anonymous No.21256252]

I hope it goes down to 20 so I can buy another 100oz

[Anonymous No.21256323]

I refuse.
Give me more money

[Anonymous No.21256392]

Hey 05beYKry, it's weird how you go from presumably holding some silver and gold and being "concerned" about a pull-back.

>>21252777

to

>>21256155

>silver and gold which is literally held by schizos

I'm sorry but you are... not great at this fren. You just can't stop seething about boomer rocks long enough to stay in character.

But concern troll FUD'ing is less annoying than gibberish copypasta spam, so w/e, you do you. I get it, people buying PMs really fucking bothers you for some reason and you gotta get it out. Just please keep it to less than 10% of the thread with this new approach eh?

[Anonymous No.21256399]

This might be a problem

[Anonymous No.21256513]

>>21251920

Yeah I’m thinking he’s based

[Anonymous No.21256527]

>>21256399
won't last

[Anonymous No.21256573]

>>21253251
there will be no default. I promise you they will kick the can further and extend and short somilver and never get audited.

[Anonymous No.21256609]

>>21256155
Yea goy, buy the normal normie investments
Normans beat the market all the time goy

[Kinesis Shill No.21256725]

>>21256399
God, I remember selling 20+ year bonds at that price 5 months ago. Bullish intermediate because we have fed minutes in 8 days

[Anonymous No.21256737]

No worries

[Anonymous No.21256766]

>>21256399
>10 year yielding 0.6%
Sorry guys, we had a good run, but I'm all in on 10 year treasuries now. That yield is just too damn juicy.

[Anonymous No.21256883]

>>21256252
Retail won’t really track dips in spot, at least not substantially. You’ll probably get like a 30c discount on retail at best for every $1 spot falls.

[Anonymous No.21256884]

>buy crypto instead of PM's
>walk into grocery store and shop for an organic beef as poorfags outside protest
>approach checkout
>emaciated woman rings up my item and gives me my total
>"that will be $289,638 and 71 cents s-sir"
>never takes her eyes off my 6oz organic beef burger patty I plan to grill later
>seems like she might have been pretty before the collapse
>"sure thing babe"
>pull out my chainlink wallet
>"heres 1/100th link, keep the change sweet tits. Just need the stores address"
>she looks confused
>says they dont take whatever that is, they only accept Fed Coin, USD since there is still a few months left to turn them in for Fed Coin, or Gold and Silver
>try to argue with her
>security comes and takes my beef away and kicks me out of the store
>walk back in and demand to see the manager
>start yelling at the woman and the manager who calls security again
>"Excuse me, what is going on here?"
>everyone stops, I turn around to see what silenced them
>see a 6'2" gentlemen in a suit with a cart full of whiskey and steak packages driven by multiple young virgin women
>"y-your eminence! this man here tried to buy his burger patty with something called..link I think? he is causing a scene..im so sorry"
>the man in the suit chuckles as he looks at me
>"Here you go fren"
>tosses me a small weird looking dime, seems old
>everyone in the rooms is wide eyed, manager looks at me
>"shall I ring up your 6oz burger patty, our dear customer" he bows his head as the woman goes to the register
>"Not so fast" speaks the well dressed man in the suit
>I turn to him confused
>"He needs to earn that Mercury Dime" he says with a twisted grin
>the girls to his side giggle to each other

[Anonymous No.21256962]

>>21251984
I have 4600$ to push into mines today- AAGF & Bayhorse are my targets. Any other reccomendations?

[Anonymous No.21257049]

>>21256962
I’d do my own research and pick some Africa-operating EU-owned mines. Niggas took the Virus meme pretty well, they didn’t stopped like Mexico for example.

[Anonymous No.21257148]

>>21256725
What are the fed minutes and why do they matter for bonds?

[Anonymous No.21257152]

>>21256884
A 10000$ investment in Link two years ago buys you 30 ounces of gold today.

[Anonymous No.21257232]

>>21257152
Yes, but LINK already mooned, now it’s gonna go down and all the retards who bought above $4 are gonna get wiped out. That only works once a while, now there is a difficult task of GUESSING which coin is gonna do x10 soon.

[Anonymous No.21257234]

>>21251930
My dealer buys for a buck over spot everything except 100 oz bars for which he pays spot

[Anonymous No.21257270]

>>21257234
My dealer stopped selling silver, huge buy signals everywhere.

[Anonymous No.21257346]

SIlver with the bounce. Hope O/I goes up today. That would make my week

[Anonymous No.21257361]

>>21257152

Grats on snatching the Salmon from the Grizzly.

You would be well advised to cash out before Uncle Sam decides to kneecap USD's challengers, or before that particular ponzi implodes of its own accord. Either/or.

[Anonymous No.21257373]

>>21257270
These are leaf prices but you get the idea.

[Anonymous No.21257406]

Is it a good time to trade some gold for silver/other undervalued assets?

[Anonymous No.21257546]

>got a package today
>three 1oz silver coins
>can't remember buying them
who else knows this feel?

[Heavyrotation No.21257623]

Fiat go on deployment today.

Me: Kid in a candy store.

[Anonymous No.21257665]

>>21257546
kek wills the silver stacking

[Anonymous No.21257687]

>>21257546
Sometimes I feel like I’m ordering shit when I’m sleep walking. Suddenly get like 4 ounces with no memory of ever ordering them. Feels good

[Anonymous No.21257773]

Why the fuck are yields rising so much

[Anonymous No.21257783]

>>21256962

I've been recommending Tinka Resources along with BHS for a couple of weeks; reasons why are explained here. >>21084516 I added to my position in BHS. People on CEO.ca astonished that any one is even still selling the stock, despite the recent price increase. "Traders don't get wealthy. They make pocket money but not inter-generational wealth." Other than that, buy any good silver stock which people are stupid enough to sell today. Impact Silver, Dolly Varden, Defiance Silver, Dolly Varden, Wallbridge, DSV, Aurcana, Callinex, GR Silver--look for whatever is farthest down from the peak and buy.

[Anonymous No.21257828]

>>21257783

>Wallbridge

Accidentally included this despite its being a gold stock, but I suppose the same is true of gold stocks. If Wallbridge or SPA are significantly down today, buy everything.

[Anonymous No.21257831]

>>21252530
Depends at what price the dollar becomes worthless- right now 1 gram is roughly 1$- probably getting my own press so I can make token coinage

[Anonymous No.21257844]

>>21257773
most gov debt markets are a game of musical chairs.

[Anonymous No.21257848]

>>21257773
vaccine news

[Anonymous No.21257886]

>>21257831
>you lived long enough to see 1 gram 1 dollar silver
It feels like 1 SATOSHI 1 dollar, incredible.

[Anonymous No.21257939]

>>21257783
I bought a fuck ton of GDX over a year ago. I think today is the day I should convert my 3x into juniors. Gimme your top 5 gold and top 5 silver juniors please

[Anonymous No.21257955]

>gold -2.5%
it's over

[Anonymous No.21257979]

>>21257546
>Get really drunk one night and black out
>Start getting packages in the mail
>oh nice I'm glad I bought this before silver mooned
>Keep getting packages
>Check my account on ebay
>Bought >$20k of silver on a credit card
oops

[Anonymous No.21258005]

It’s over for me

[Anonymous No.21258011]

>>21257939

DSV, SPA, and Wallbridge are essential, so start there. But, other than those three, you want to be an opportunist. Look for whatever is selling off, and snatch it from the weak hands. Impact, Callinex, LIO, Alexco, Kootenay, Silver One, Dolly Varden, Great Panther, Vizsla, Defiance, GR Silver--whatever the panic-sellers are rushing out of with the greatest frenzy.

[Heavyrotation No.21258047]

>>21258011
Oh today will be a grand buying day.

[Anonymous No.21258059]

>>21257939
CLLXF
SPAZF
OSIIF

[Anonymous No.21258088]

>>21252530
Every afternoon I will go down to the local park/homeless camp with other Metal-Holding Lords and our royal guards to throw raw gold flakes and bits collected by Pan Champions at the Metalless rabble who have been given pigeon costumes to wear. To those best able to mimic the cooing of that bird, by then made extinct by the ravenous hunger of the hordes, my hand will be generous. If I should spy a plump she-pigeon, I will reach for my Sack of Mercury. After trading a gold chain to the grocer for a feast's contents, I will show that pigeon the night of her life. In the morning, I will chuckle as my guards make cooing noises when she makes the walk of shame back to the park.

[Anonymous No.21258219]

>>21252530
See: Venezuala. Precious metals buy food or US dollars which buy food. Now fuck off.

[Anonymous No.21258257]

>>21257373
Those are next weeks prices bro, not leaf prices

[Anonymous No.21258325]

Imagine how many gold sovereigns and old European gold coins are in the bottom of the Thames river...just sitting there....

[Anonymous No.21258401]

Don't let today get you down guys. If you own senior miners today is an opportunity. Seniors like GDX will be down 4% today. Juniors will be down 6-10%. That is an opportunity to reshuffle and got more juniors for your buck. Down days are opportunities. Never forget that

[Anonymous No.21258422]

>>21257783
My scoops are ready. I did pick up about 3300 shares of tinka the other day.

[Anonymous No.21258441]

>>21258401
Nah, I'm pretty sure all the Pink Wojaks in /pmg/ are just people meme'ing and laughing at CryptoCucks mentality. Like... what the fuck are you supposed to do if you have a golden coin and it dropped in price by $34? Top lel

[Anonymous No.21258443]

>>21258401
Do the miners lag far behind gold? I'm wondering if I should wait until tomorrow to decide to buy miners.

[Anonymous No.21258493]

>>21258443
The metal always moves first. Then the senior miners with strong balance sheets. Then the juniors move. Seniors are just starting to move the last few months. The absolute garbage moves last at the end of the move.

[Anonymous No.21258514]

>>21258401
I'm mostly mad I bought 250oz last friday at 29.

[Anonymous No.21258525]

>>21258325
not just Thames, but all Euro rivers, imagine all the buried treasures
>ywn live in post-war central europe to scour countrysides and creeks for buried weapons and gold

[Anonymous No.21258532]

>>21254157
craigslist, meet in a public space and sell for cash. Or sell back to a bullion dealer like APMEX-
https://www.apmex.com/sell-gold-sell-silver-overview

[Anonymous No.21258540]

>They fell for the shiny rock meme and bought the top

OH NO OH NO OH NO

[Anonymous No.21258557]

>>21258514
The cheapest bars in the US are selling for around $30.50-$31, you're still up.

[Anonymous No.21258565]

>>21258540

[Anonymous No.21258567]

>>21258525
>ywn live in post-war central europe to scour countrysides and creeks for buried weapons and gold
Never lose hope, it could happen in your lifetime

[Anonymous No.21258575]

>>21258514
You'll be fine. 35 is coming. Then the real risk starts.

[Anonymous No.21258578]

>>21258540
In the worst case scenario where the USD somehow doesn't collapse and gold falls back down to $1200, you can always wait for it to go back up. Gold will always go back up.

[Anonymous No.21258612]

>>21254157
When the GSR reaches a favorable price load that shit into your car. Go to nearest metropolitan city with 1M+ people. There will be a dealer there to take your volume. You can swap for gold at that point or get a bankers draft. This is a once in a lifetime sale so go to a large city that can handle your volume and give you at least spot

[Anonymous No.21258628]

>>21258532
Do not sell to Rapemex. They pay worse than a pawn store. 40-60% of spot. Send to a smelter if you have a lot, otherwise mark up 15% and slap on Ebay

[Anonymous No.21258667]

>>21258612
>>21258628
Most large dealers will give you at least spot if you show up in person. They will even swap the ratio with a 50% discount on gold premiums. Or give you cash/bank draft.

[Anonymous No.21258683]

>>21258567
nobody here has weapons or gold, whatever the zoomers and millenials have they'll take with them.

[Anonymous No.21258684]

>>21258540
Screencapped, I'll print it for you and frame it when the times soon comes that your mother will have to gargle my cum just so she can receive a silver dime to feed your family for a month.

[Anonymous No.21258742]

I have 40k of SLV 28.5c for next friday... what do you guys think?

[Anonymous No.21258788]

>Went to gold Store to sell 10 ounces
>Good price
>Reputable store with decades of history
>Boss comes in
>Tells cashier to cancel all sales
>So many people sell gold that the store has run out of money on their account for the week
>He needs to order more cash from another account of his
>Started paying people cash that he has in his safe
>Runs out of that too
Not memeing
Take this info as you wish

[Anonymous No.21258796]

>>21258742
How many contracts?

[Anonymous No.21258810]

>>21258667
Must be a location thing. Illinois dealers have mostly quoted me 85% as of late.

[Anonymous No.21258856]

>>21258788
Bullish, the guy knows that the paper he's paying with is ultimately worthless. But who the fuck are these idiots who sell right now? I can't imagine selling unless I was retiring or had enough to buy a house. Even if I bought at $200 an ounce long ago, I'd still hold today.

[Anonymous No.21258859]

>>21252301
I've got a couple $30 slv calls that are about to get rekt. 9/30 though, so they'll bounce back

[Anonymous No.21258878]

>>21258788
Fuck off.
Listen up PMG. Any large bullion dealer will short shares of SLV while they buy. This is hedging. This means you could walk in the store and sell them silver at the absolute top. It could fall $20 from that point and they will still make a profit. Dealers make money on the bid/ask spread and hedge the underlying with shorting SLV. If you're dealer isnt buying its because they arent hedging so they can't handle real volume

[Anonymous No.21258910]

>>21258810
See >>21257373
This is a live bid ask spread right now in leaf bucks. You are getting screwed

[Anonymous No.21258913]

>>21258796
300

[Anonymous No.21258915]

>>21256112
I bought that at 22.50 and sold at 36.20

[Anonymous No.21258932]

>>21258856
I have been buying from a local guy and every time I go there I see elderly people and niggers selling whatever they have.

[Anonymous No.21258935]

>>21258910
I don't sell. But yeah, they are super Jewy here.

[Anonymous No.21258948]

>>21258913
F. If it doesnt reverse mid day, this is probably going to be a several week correction or sideways and those are expiring worthless

[Anonymous No.21258956]

>>21258742
I think today's gonna be rough for you and hopefully we dont have a week of crabbing before the next moon mission

[Mongolian Silver No.21258964]

>>21258742
I have them at 28. Aaaaaaaaaaaaaaaa!

>Seriously though is a gay Russian “vaccine” really going to keep us crushed for multiple days? If it is I’ll just sell at a huge loss, if it’s not then I’ll wait until later i the week to sell at less of a loss.

The media is so fucking gay and full of Kikes. A Russian “vaccine” is about as likely to solve the brrrrrrrrrrrrrrrrrr going on in the world right now as Joe Biden is to not sniff a child standing in front of him.

[Anonymous No.21258970]

>>21258932
So idiots and the retired, as I said.

[Anonymous No.21258983]

>>21258935
Should start your own store and run them out of business

[Anonymous No.21258985]

>>21258948
What do you consider mid day? 10:30 rally or sometime between 1-2?

[Anonymous No.21259040]

so cold

[Anonymous No.21259044]

>>21258985
if we are down big mid afternoon this could just keep going for days. Its why I always buy 6 months + out. You can still make 10 baggers on calls if you buy when its bloody as fuck

[Anonymous No.21259068]

Days have been mirroring each other lately. If we dont get a bounce by noon it probably isnt coming

[Anonymous No.21259176]

>>21258088
Checked and based

[Anonymous No.21259186]

GDXJ is now actually _lower_ than it was three weeks ago, when gold had not yet breached 1800. This madness won't go on much longer. Remember that it also went sideways for a whole month between 20 May and 23 June before soaring to the upside (see picture). I expect the same thing to happen this time. Anybody who sells now is getting out just before the enormous next rally, which, I expect, will dwarf the last one.

[Anonymous No.21259187]

>>21259044
>>21259068
>>21258948
Strong buy signal

[Anonymous No.21259236]

Just recently got into stocks/metals
Bought about 1k of silver last week when it dipped to 25.70
Should I just put a limit buy in for when the market reopens to buy $3k while the price is dropping majorly right now?

[Anonymous No.21259281]

>>21259236
Buy through red as long as your hypothesis still holds, sell through green

[Anonymous No.21259286]

We live in a sick clownworld where the stock market is back at previous highs. Absolutely disgusting sign that the end times are near. Peak clown world is a sign that the end is near. Roman empire was the same way before it collapsed. People had lost grip on reality and notining made sense anymore.

I urge everyone to not contribute a single dollar to this clown world. Claim benefits, cheat the system, live rural, dont consume

[Anonymous No.21259325]

>>21259186
Why is this madness happening in the first place? Normal lag? My GDXJ and SILJ are killing me this morning

[Anonymous No.21259412]

>>21258964

>Economy about to shit
>Covid appears
>ITS COVIDS FAULT

Now watch things bounce back for a few months until the election where Biden loses because he's a literal retard and it'll be

>ITS DRUMPHS FAULT

Clown world

[Anonymous No.21259422]

>>21251817
It's Gonna be a stiff drink kind of day

[Anonymous No.21259433]

Miners and SLV is about to get butchered in 30 min. I'm actually considering buying the dip that will form in a few days/weeks. Never had paper silver before, might be hilarious.

[Anonymous No.21259438]

>buy crypto instead of PM's
>walk into grocery store and shop for an organic beef as poorfags outside protest
>approach checkout
>emaciated woman rings up my item and gives me my total
>"that will be $289,638 and 71 cents s-sir"
>never takes her eyes off my 6oz organic beef burger patty I plan to grill later
>seems like she might have been pretty before the collapse
>"sure thing babe"
>pull out my chainlink wallet
>"heres 1/100th link, keep the change sweet tits. Just need the stores address"
>she looks confused
>says they dont take whatever that is, they only accept Fed Coin, USD since there is still a few months left to turn them in for Fed Coin, or Gold and Silver
>try to argue with her
>security comes and takes my beef away and kicks me out of the store
>walk back in and demand to see the manager
>start yelling at the woman and the manager who calls security again
>"Excuse me, what is going on here?"
>everyone stops, I turn around to see what silenced them
>see a 6'2" gentlemen in a suit with a cart full of whiskey and steak packages driven by multiple young virgin women
>"y-your eminence! this man here tried to buy his burger patty with something called..link I think? he is causing a scene..im so sorry"
>the man in the suit chuckles as he looks at me
>"Here you go fren"
>tosses me a small weird looking dime, seems old
>everyone in the rooms is wide eyed, manager looks at me
>"shall I ring up your 6oz burger patty, our dear customer" he bows his head as the woman goes to the register
>"Not so fast" speaks the well dressed man in the suit
>I turn to him confused
>"He needs to earn that Mercury Dime" he says with a twisted grin
>the girls to his side giggle to each other

[Heavyrotation No.21259538]

We all knew this was going to be going on these next couple weeks. It is necessary. See the opportunity.

[Anonymous No.21259556]

>>21259325

The pullback will send the index higher soon. Any one who sells now was only a speculator who never understood the fundamentals in the first place. Stronger minds will buy into this weakness, and never sell. The reason why so many panic-sellers throw away their mining stocks at times like these is because the miner bull market has not even begun yet. The market-cap is minuscule. We are still at rock-bottom. GDXJ should be 3x simply to be at normal historic levels. It is still only the old crowd buying these stocks, with a few speculators thrown in. Gold and silver have been going up because manipulation is easing, not because we have entered into a real PM bull market. The PM bull market has yet to begin. The bankers are shaking people out right now by dumping billions of paper ounces, but it is temporary; they can't push the price down too far or the COMEX will bankrupt them. They are pushing the metals just low enough that outsiders will panic and think that the gold rally is over.

[Anonymous No.21259624]

How can it drop this much in a single day though

[Anonymous No.21259648]

>>21259556
My issue is my nearest calls are next week, I have contracts sprinkled all over, some till 2022

[Anonymous No.21259676]

>>21259624
and it will drop even further

[Anonymous No.21259680]

>>21259624
Jews

[Anonymous No.21259694]

>>21259624
JP Morgan

[Anonymous No.21259705]

>>21259556
Tax return in the next 24 hours.As long as it keeps dropping until i get it and spend it ill be happy.

[Anonymous No.21259711]

>>21259648

Gold and silver are the most manipulated markets in history, I don't recommend ever buying calls on them. Small-cap miners already give 10x leverage, there is no reason to do anything more than buy and hold them.

[Anonymous No.21259718]

>>21259556
What do you mean the comex will bankrupt them? Can't they suppress the price as much as they want?

[Anonymous No.21259722]

>>21259648
Should have been rolling calls with early expiration into later expirations through the green. Just take it as a lesson here

[Anonymous No.21259725]

>closed short positions +$9,500
>open short positions (from $1996) ~$19,000

you can hate me, but shorting shiny-yellow rocks is free money

[Anonymous No.21259754]

>>21259718
They are losing money covering their shorts

[Anonymous No.21259755]

>>21259725
fuck off faggot, go away

[Anonymous No.21259780]

>>21259725
That's a child...? What the fuck.

[Anonymous No.21259789]

>$22,000
holy shit that's a big dip

now it's the biggest correction on gold since March

[Anonymous No.21259794]

>>21259718

No; watch this to understand why.

https://www.youtube.com/watch?v=9EOPKizJ_Y4

If J. P. Morgan lets the price of silver go too low, people will stand for delivery and bankrupt them of every ounce they have. They only have 130 million ounces, and it used to be 160 million before they were forced to surrender 30 million.

[Anonymous No.21259805]

>>21253801
It wont deliver for 3 weeks and by the time you get it we'll be at 35

[Anonymous No.21259809]

1700 gold EOD

[Anonymous No.21259815]

This dump is going to hurt today bros.

[Anonymous No.21259822]

AHHHHHHH I JUST WOKE UP WTF IS GOING ON IM RUINED

[Anonymous No.21259826]

>>21252042
Nyaaaa nyaaaa

[Anonymous No.21259848]

Silver $0 EOW

[Anonymous No.21259852]

>>21259822
buy buy buy

[Anonymous No.21259866]

Discount on all the miners and metals for the next week, sweet!

[Anonymous No.21259870]

>>21252042
I have noticed a severe lack of the APB over the last day or so. Slows the speed of the general, and the misleading bullshit is mostly gone. Love it.

[Anonymous No.21259872]

I'm down 8% on both my PSLV and my SILJ today, pretty pissed about it. Can someone explain why the fuck this happened literally the day after I bought?

[Anonymous No.21259873]

>>21259624
Could it be because stocks are about to make a new ath ?

[Anonymous No.21259881]

15 minutes until the dip on gold

[Anonymous No.21259911]

No reason to be upset. Just making our way to the trend line.

[Heavyrotation No.21259926]

This is what we needed.

We'll want a steady rise after the dump, not a parabolic one. Then explode to new highs again. Hopefully not as parabolic.

Expect weeks of volatility and some crabbing. Ultimately much higher.

[Anonymous No.21259940]

Holy fuck I’m already down hundreds today on my miners

[Anonymous No.21259971]

>>21259911
And if it goes lower than the trend line?

[Anonymous No.21259978]

>>21259822
weak hands are selling while the strong hands will buy

[Anonymous No.21260027]

>>21254110
It is clownworld bro.
And if 50/500 are accepted open secret numbers then 5k is probably finding the mark

[Anonymous No.21260060]

>>21259940
It's okay fren look at the long run. I'm facing a -15% day but I realize that this is most likely just a bump in the road.

[Anonymous No.21260092]

>>21259971
well we'll get back up to it again duh

[Anonymous No.21260105]

fuck you JPM

[Anonymous No.21260109]

>>21259872
I think it's because Russia approved the vaccine. When America gets a vaccine approved get ready for a mega-drop in gold and silver.

[Anonymous No.21260159]

here is that dip everyone wanted to be so they could buy

[Anonymous No.21260182]

>>21260105
I made a video for you 9 years ago.

https://www.youtube.com/watch?v=tJVaAaK5Ojc

[Heavyrotation No.21260184]

Said it so many times what to expect >>21221657
Keep your resolve. Remeber the fundamentals.

Be stoic.

[Anonymous No.21260188]

>>21260109
Yes, andor a vaccine that's only accurate 50% of the time.

[Anonymous No.21260190]

>>21259725
How much are you shorting with to get that much money
>inb4 more than my entire poorfag ass life savings
Fucking takes money to make money I swear

[Anonymous No.21260193]

>>21260109
New to everything here
Why the fuck does vaccine correlate to gold/ silver prices?

[Anonymous No.21260226]

>>21260159
Buying, but not today, gotta wait till Friday. Americans are retarded if they think their market can be saved and March was the only dip that will happen this year.

[Anonymous No.21260235]

>>21260105
why though? you could easily profit off of this in the long run

[Heavyrotation No.21260250]

For any Wallbridge hodlers: https://pro.ceo.ca/%40nasdaq/wallbridge-intersects-2461-gt-gold-over-1500-metres

[Anonymous No.21260254]

>>21260193
Situation goes back to """normal""", JPM can continue to manipulate the silver prices for another 50 years, miners eat shit and go back to mine the precious metals for pennies.

[Anonymous No.21260265]

>>21260193
Most people investing in gold and silver stocks are just momentum trading like the rest of the market. When there is news that is good for the economy, gold and silver stocks are going to suffer. When things start to get better we could very likely see gold and silver drop significantly from here.

If you want to go long just buy a bit each year and forget about it. These people stacking now are betting on something really unlikely to happen.

[Anonymous No.21260276]

>>21259725
I don’t hate you because you made money I hate you because your a fucking pedo

[Anonymous No.21260314]

>>21260265
About to drop 3k into silver if it stays sub 25.15
Good idea or abort do you think?

[Heavyrotation No.21260315]

>>21260184
meant to link: >>21221834

[Anonymous No.21260317]

>>21260109
10y T yeilds back up to 0.6% likely the reason. Huge over reaction.

[Anonymous No.21260329]

NO DONT GO BACK UP NOT YET

[Heavyrotation No.21260379]

Your best quality mining plays will be down as much as 10% today. hang stong.

[Anonymous No.21260380]

>>21260314
I would buy paper silver when it is in a dip and then trade it for gold when the silver:gold ratio warrants that.

>>21260317
Yeah that might be it also. Any good news we are going to see sell offs.

[Anonymous No.21260383]

someone bake new bread

[Anonymous No.21260485]

>>21260383

[Anonymous No.21260511]

>>21260485
patrician taste in board games

[Anonymous No.21260596]

NEW:
>>21260588
>>21260588
>>21260588

[Anonymous No.21260600]

>>21260235
THEY HATE SILVER AND HAVE FOR 50 YEARS BECAUSE THEY REALIZE IT THREATENS THEIR PAPER EMPIRE OF FIAT

[Anonymous No.21260620]

aaaahhhhhhhhh I told my dad to buy mining stocks yesterday, and he did

[Anonymous No.21260628]

It hurts bros