/pmg/ - Precious Metals General

[Anonymous No.21275070]

Metal hands edition

>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

Previous >>21264806

[Anonymous No.21275088]

Silver $30 EOW

[Anonymous No.21275110]

>>21275088
Silver $23/oz EOD

[Anonymous No.21275126]

CHEAPIES

[Anonymous No.21275147]

down 65k today

[Anonymous No.21275149]

good goyim

[Anonymous No.21275174]

Those newcomers who want to know what is going on right now should watch the following videos:

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

https://www.youtube.com/watch?v=gkaMAaPRg0A

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

[Heavyrotation No.21275181]

>>21275147
Down but not out.

[Anonymous No.21275193]

>>21275070
Cleared all my positions yesterday, holding all cash right now, physical stash still comfy.

Please, big big drops so I can leverage my ass into cheap october contracts.

Fuck everyone who put in short term calls, there has been talks about consolidation for a couple weeks now and y'all 4ever bulls are gonna miss on some major greenies now the jews are hoarding

[Anonymous No.21275201]

DOn't sell, buy more, wait for USD COllapse

[Anonymous No.21275218]

>>21274421
Real estate and metals are assets, but I (and others) consider stocks as equities. There is always a middle man with them and they are far riskier than the other two I mention. When fiat is affected, institutions put money into the bond market (or not, depending) exceeding a 2:1 ratio to anything they'd put in the stock market. The bond market dwarfs the stock market by a huge margin. If they won't play bonds, they won't play stocks. At least that's been my experience. But I could be wrong. We're in stagflation at the moment. Personally I wouldn't invest any money in the stock market or crypto coins period. Tangible assets are where it's at.

[Anonymous No.21275220]

I kinda like this fat little bird, should I buy more tomorrow after silver dipped the weak hands?

[Anonymous No.21275248]

Fuck, I want to buy more physical but the longer I wait, the cheaper it gets. THIS IS NOT COMFORTABLE.

[Anonymous No.21275257]

>>21275088
c h e c k e d

[Anonymous No.21275287]

>>21275220
Sure, so long as your dealer relies on that spot price as their price guide. That won't last forever.

[Anonymous No.21275299]

How can SLV keep going down? What is the exact mechanism that this happens?

[Anonymous No.21275304]

>>21275201
based

[Anonymous No.21275305]

WHAT WAS THAT?!

[Anonymous No.21275311]

>>21275193
Long dated calls for 2021 are dirt cheap idk why anyone would buy weeklies.

[Anonymous No.21275315]

https://www.stlouisfed.org/on-the-economy/2020/august/what-yield-curve-control

This isn't here as some kind of academic curiosity. This will be the policy come September. Despite today's bloodiness, the underlying fundamentals are the same. We are going to steep negative interest rates.

[Anonymous No.21275321]

Have over $1500 in SLV calls expiring on 8/21. I need someone to tell me I'm going to make it.

Or to hold me.

[Anonymous No.21275324]

Why are the prices crashing?

[Anonymous No.21275327]

Bought one of these today at a ridiculous premium
Idc though, just wanted one because they are so badass

[Anonymous No.21275337]

>>21275305

[Anonymous No.21275338]

>>21275248
You should be thoroughly comfortable anon. The low spot price is an arbitrage against the physical metals reality. Make your investment (responsibly of course) by taking advantage while you can. There will come a time, I believe in the very near future (aka months or weeks) where that price is no longer utilized as a basis for transactions.

[Anonymous No.21275343]

>>21275088
Those digits are hereby declared checked

[Anonymous No.21275356]

i am afraid to open up my portfolio bros, i have a bunch of leveraged positions in silver. i will just wait for another green day in silver to even log in to my portfolio again, i can't bear to see what it looks like right now, i know its going to be terrible.

[Anonymous No.21275365]

>>21274488
>This would be quite ironic if the precious metal market eventually brought the whole stonks market down
Breh, that's literally the point of all this. That's why there's so much mass media shilling against it right now lmao.

[Anonymous No.21275366]

>>21275299

See >>21275174.

They dumped double the annual size of the entire global silver supply. Only one tenth of which annual supply is even used in investing in bullion. The COMEX may go bankrupt next month. Keep accumulating physical silver and miners.

[Anonymous No.21275367]

>>21275299
>What is the exact mechanism that this happens?

[Anonymous No.21275381]

>>21275088
This, but unironically. JPM just burned a lot of coupons for nothing.

[Anonymous No.21275385]

>>21275324
One last attempt to suppress the true value of Silver by an international clique of banksters..

[Anonymous No.21275397]

>>21275088
PLEASE NO I NEED IT BELOW $20 EOM

[Anonymous No.21275398]

>>21275324
(((they))) are shorting the market

[Anonymous No.21275411]

>>21275366
Again, how do they dump double the annual size if they don't have it? How do I perform such a trade?

[Anonymous No.21275476]

so do you think itll hold around 24$? i'm looking to buy buy a kilo soon and wanna get a good deal

[Anonymous No.21275477]

>after hours dump to $24,5
Oy vey, someone is doing overtime there today.

[Anonymous No.21275478]

>>21275411

The bankers created things called futures contracts and derivatives. These allow them to trade empty pieces of paper as if they were as good as real silver. They have 500 pieces of these pieces of paper for each real ounce of silver. The scam is going to end imminently once enough people stand for delivery for the real silver alleged to be behind the derivative.

[Anonymous No.21275485]

can we all agree that paper trading should be illegal?

[Anonymous No.21275490]

bring the peak pain, I'm not parting ways with my gold miners until they 2x or they get delisted

[Anonymous No.21275491]

>>21275327
Based. May St. Michael the Archangel protect our stacks fren.

[Anonymous No.21275495]

>>21275324
JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN JUDEN

[Anonymous No.21275503]

>tfw basically my entire life savings outside of a small amount of emergency liquid fiat and I'm still only a few steps above stacklet
Post 'em; IOU ticket holders need not apply

[Anonymous No.21275502]

Do you guys buy silver because it's cheap? Is there any reason not to buy gold instead if you have the money?

[Anonymous No.21275508]

>>21275338
I completely agree with your thesis. But here I am sitting at the edge of my seat waiting for dealers to update their prices, wondering if I should buy or wait another 5 minutes.

[Anonymous No.21275515]

>>21275381
based and wuxia pilled

[Anonymous No.21275520]

>>21275398
>he didn't go short

[Anonymous No.21275550]

>>21275503

[Anonymous No.21275552]

>>21275485
It was a thing since the ancient times sadly. It would be amazing if for ever 1 paper ounce there was 1 documented mined ounce. The problem is, greedy fuckers can't resist pretending they have more metal just to make money. Scum of the Earth should be sentenced for slavery in Chinese gulags.

[Anonymous No.21275555]

>>21275365
Wealth cycles are movements of wealth, nothing is lost or gained, albeit there is impact to one class of assets. Equities (stocks) always fall victim to major moves in any of the 3 major asset classes. A "little sister" of sorts. At some point when the masses pull out of bonds (negative returns) and real estate (bubble about to burst)... not including banks succumbing all around the world... physical precious metals will reign supreme. It's a transfer that rarely occurs at this scale, and I suspect it will remain a long bullish position for many many years to come. Generations, in fact. But that's just my opinion.

[Anonymous No.21275577]

>>21275478
What is stopping two individuals from selling futures contracts between each other? Who is buying and who is selling? Where do these contracts spawn?

[Anonymous No.21275587]

>>21275327
Based. May St. Michael the Archangel protect our stacks.

[Anonymous No.21275634]

How doest it feel to keep getting fucked by JPM in the ass silverfags? why do you keep on coming back for more assrape, i don't get it. How long have you absolute mongrels been waiting for the big moonshot..
buy stonks idiots make real gains and buy real assets like i don't know , fucking houses maybe? retards lmfao you guys are the kikes bitches

[Anonymous No.21275636]

>>21275088
You should hope not. Don't forget, the price you are relying on is direct measure of COMEX business and not physical metals. The sooner it comes down to $0 the better. Your physical metal holdings continue to be as value as they've always been (and more).

[Anonymous No.21275647]

>>21275503
I like small, comfy stacks. I'd buy more, but I'm scared to have little cash in the time of crisis. I might need it out of nowhere.

[Anonymous No.21275659]

>>21275577

>>What is stopping two individuals from selling futures contracts between each other? Who is buying and who is selling? Where do these contracts spawn?

This is exactly what the bankers often do to suppress the price. They buy and sell the derivatives amongst themselves. People do the same in Bitcoin to manipulate the price.

The bankers create the contracts and derivatives. All they have to do is claim to have silver which they don't really have. It's like what banks did in the past which would create 10x or 100x as many gold claim-notes as there were real ounces of gold in their vault. It works for you until you get a run on the bank. We are about to have a run on the bank.

[Anonymous No.21275695]

>>21275634
Still not selling

[Anonymous No.21275723]

Does anyone know when we might hear one way or another about stimulus deals?

[Anonymous No.21275726]

>>21275502
Silver possibly has more upside potential.

[Anonymous No.21275737]

>>21275634
Never selling, eat my golden cock.

[Anonymous No.21275755]

>>21275659
Why doesn't a dude like sprott buy these futures contracts and demand delivery? Couldn't one person break this whole system?

[Anonymous No.21275758]

>24.77
Accumulate more rocks

[Anonymous No.21275780]

back from the range and here is my best at ~10 yards. nothing amazing i know.
...anyways how has silver done in my absence. Has it dropped more or have we started to move back up again?

[Anonymous No.21275791]

>>21275758
All the metal prices still at $32 everywhere...

[Anonymous No.21275797]

>>21275555
Checked. I concur wholeheartedly, but with the added caveat that computer insider trading has linked markets in a way that has never been seen before. I suspect that due to the way those systems are set up, the prices of PMs are inversely, and now *intrinsically* linked to the rest of the bubbles. When the velocity starts to pick up (like right now - knock on wood), things are going to get weird in a fucking hurry.

[Anonymous No.21275806]

>>21275147
and I thought $45k was a lot...I picked a bad week to run out of weed

[Anonymous No.21275809]

>>21275726
What if you just want to use it as a hedge against inflation? Would either work just as well?

[Anonymous No.21275817]

>>21275755
Lol sprott isn't worth that much. You'd have to be Buffett or Soros because literally no one on Earth actually has the liquid capital they do. Gates, Musk, and Bezos probably only control several billion of actual cash at any time

[Anonymous No.21275823]

LOL NO CIRCUIT BREAKERS?

[Anonymous No.21275859]

>>21275502
Buy gold. Everyone will tell you there's more upside in silver and all that but at the end of the day yeah, stackers are usually just poor.

[Anonymous No.21275879]

>>21275823
Circuit breakers are for markets pussies play in

[Anonymous No.21275914]

>>21275755

Sprott always said until now that he didn't want to end up like the Hunt Brothers, two billionaires who were bankrupted and destroyed in the 80s for fighting against the bankers. He said that he didn't want to have worry about his car exploding every time he went for a drive. Andrew Maguire, who is the most prominent hero exposing the COMEX fraud, was nearly assassinated in London.

Sprott, however, in his old age, has started to make moves towards bankrupting the paper-traders. See this article:

https://kingworldnews.com/silver-short-squeeze-alert-sprott-silver-trust-to-purchase-1-5-billion-of-physical-silver-a-jaw-dropping-8-8-of-annual-global-production/

[Heavyrotation No.21275939]

I paid $160 over (current) spot for a 1 oz maple today (bought in the morning).

[Anonymous No.21275957]

>>21275780
Pistol? Pretty nice groupings desu. I've avoided looking after I saw the big red -8000 in my account this morning. Gonna crack open a beer and read the Book of Job.

[Anonymous No.21275962]

>>21275817
So if no one has the money to do this, who could possibly want delivery of the silver? If the same two people are playing this game with one another and they have a deal, then nothing would change

[Anonymous No.21275975]

>>21275859
That, plus the GSR isn't even close as it should be and you know the upcoming super-hyper inflation which turns paper currency into toilet paper.

[Anonymous No.21275983]

>>21275823
>February 1637, Netherlands
>What do you mean there are no circuit breakers? But what about my tulips?

[Anonymous No.21276025]

>>21275859

>there's more upside in silver and all that but at the end of the day yeah, stackers are usually just poor

Eric Sprott is a billionaire and his strongest and almost exclusive message for weeks has been to buy silver, because the GSR is going back to 1:15 once the manipulation ends. So you are talking nonsense.

https://www.youtube.com/watch?v=qs4j2MfziOQ

[Anonymous No.21276029]

I got too cocky

[Anonymous No.21276103]

>>21275174
So the stock market price of slv and gld can go to 0? What happens after that?

[Anonymous No.21276105]

>>21276025
Maguire says 30 and I also don't think we'll ever go back to 15:1 because you would stop having industrial consumption before then

[Anonymous No.21276106]

>>21275070
TIME TO GO ALL IN ON CONSTITUTIONAL SILVER BOYS

[Anonymous No.21276111]

>>21275791
I'm looking at some $29/oz on credit card or $27.85 on ACH/Check. Fuck buying checks or linking my bank account to their bullshit though.

[Anonymous No.21276117]

>>21275957
yeah a browning buck mark my first gun desu
the silver funny enough does not bother me so much and I actually purchased another 10 oz as its been falling but gold. fucking gold is what upset me.
I finally broke down and purchased my first gold sovereign and since that purchase we have lost nearly $100 per oz.
The Bogdanoffs waited just for the moment I finally decided to buy gold and they fucked me hard.

[Anonymous No.21276120]

>>21275321
Wish I knew fore sure anon. All I can say is we just gotta hope for the best

[Anonymous No.21276149]

>>21275809
Great question, I'm still trying to find out the answer myself because I have the same concern.

[Anonymous No.21276155]

>>21276103

Ultimately, the price of real gold goes to $15,000,, and the price of real silver goes to $500.

[Anonymous No.21276159]

>>21275508
Make responsible decisions with your money. That being said, I would buy physical now and hold long. I've said it before and I'll say it again... 3 asset classes. 2 are failing, big money only has 1 choice. Now factor in stagflation... depressed economy/economy that's not growing... combined with higher consumer prices. Now factor in the FED printing more money to buyback and institute yield curve control (YCC that you see thrown around). More printing = higher inflation. High inflation = hyperinflation. Hyper inflation = depression. And that's just the United States I'm talking about. How many other countries in the world are there? I think last count is 193 if I'm not mistaken. Draw an imaginary horizontal line on a piece of paper and place 193 dots at random places on the line itself. On the left side, write 2020 and "United States" over the first dot from the left. On the right side write "beyond." Now in your mind imagine each dot being one of those countries with fiat systems that fail as a result of the 2020 US economy snafu. There's almost a guaranteed 192 subsequent opportunities where countries will need to transfer wealth into 1 of the 3 asset classes, which do you think they'll do first? I believe precious metals. Each influx of wealth into precious metals will increase the valuation of precious metals. Institutions will forecast which countries are about to crash (and when) and rush to buy-in before each crash occurs - further driving up the precious metals valuation. This could go on for the next many hundred years. US is richest country on block because they were first. Other countries failing only further increase the wealth and relative power of US. It will be the "golden age" that Trump always talks about, and I have a feeling that's how his advisors came up with that slogan. (They) know what's coming. Pull the trigger before September and you can partake in that infinite growth as well, as will your children and theirs.

[Anonymous No.21276160]

>>21275780
Would be an average group for my club members, but at 25m not 10yards

[Anonymous No.21276170]

>bought 20 coronas last week
>now see more coronas in stock, cheaper
>out of spending budget for the month
such is life of the poorfag. Should I buy anyway and try to survive on a ramen diet for the next month?

[Anonymous No.21276172]

>>21275809
I think PMs are stupid and that all of things they are purportedly good for as an asset class are replicated better by other assets, but between gold and silver gold is superior as an inflation hedge. This is a longterm proposition however as with premiums and the current speculation you are risking immediate depreciation of whatever you buy, just like everything else in the market. There is no such thing as a safe or hard asset in the market no matter what these people try to tell you. Silver is all speculation and highly manipulated, if you can ride that wave to riches then good for you, but the banks can and will dump whenever they feel like it. Gold is only a little better

[Anonymous No.21276240]

>>21276170
Use CREDIT, use the banks money to stack

[Anonymous No.21276249]

>>21276172
Agreed. Anyone who didn't sell yesterday lost.

[Anonymous No.21276275]

>>21276172

>>Silver is all speculation and highly manipulated, if you can ride that wave to riches then good for you, but the banks can and will dump whenever they feel like it.

They have to deliver as many as 600,000 ounces of silver next month alone (September). The annual supply is 900,000, only 100,000 ounces are used in investing in bullion, the mines have been shut down this year, and there are no stockpiles to get the silver from. They are finished.

[Anonymous No.21276279]

>>21275962
No, no *single* person has the money to do this other than those two. Anyone would *want* delivery on the silver because it's easy enough to store. If people don't think the price that gets quoted is accurate, they can hold it and pay pennies for storage.

[Anonymous No.21276325]

only -16.2% in one day is that the best you can do jpmorgan

[Anonymous No.21276330]

>>21276159
Thanks, fren. Worrying about a couple % is not where my attention should be.

[Anonymous No.21276358]

why are gold and silver tracking the stock market?
arent they supposed to be a save haven or something?

[Anonymous No.21276365]

>>21276172
Lol, what other asset has a 6,000 year history of wealth preservation and a near 1:1 inverse relationship with the US money supply?

[Anonymous No.21276387]

>>21276330
15% in a fucking day to be exact lmao. It's over the big banks gooing to fuck you PM retards over once again

[Anonymous No.21276396]

>>21275780

Glad to see a fellow Silverchad that owns firearms and more importantly practices with them. Pic related helped me early on in diagnosing issues with my pistol marksmanship.

[Shiro Poster No.21276435]

It's looking like a good day to buy

[Anonymous No.21276465]

>>21276160
well this is only the third time i have gone to the range and maybe an hour at each time.
but I have loads of ammo and its only $12 a day so my goal now is just to practice as many times a week as possible
thanks for the goal to work toward though

[Anonymous No.21276469]

>>21275797
I agree, but I'll first say I personally believe no computer system in the world has ever been presented with the circumstances currently at play. I watched a few videos yesterday and had to laugh at people reflecting historical charts/trends to try and predict this future. They are the NPC financial bugs that know nothing other than what school has taught them. Unfortunately the teachers messed this one up real bad and they are in uncharted waters... literally. If anything, their "automation" is going to create a blitzkrieg-style between the various high-frequency (automated) systems, and they will self-destruct themselves to massive losses in a moment's notice. Instability will result and lack of confidence will push everyone into physical anything. This situation is new for everyone, but that doesn't imply complex or unintelligible. It's simply really- the complexity screwed everything up so now we're about to go back to basics in a big way.

[Anonymous No.21276519]

Silver and gold will go down again. There's confidence in the markets (financial, industrial, and energy stocks), the Russian Covid cure, and investors are buying low for hotels, banks, and cruise lines. Govt. bonds rose, and oil went higher; hell, even the EU markets were higher today. Long term interest rates will fall, and company earnings will recover. Air travel was at its highest on Sunday since covid began, and the hope is that it will continue to climb.

You guys should have sold two days ago, like I did.

>I TOLD YOU SO

[Anonymous No.21276524]

>>21276325
It would be just JPM if not for Robinhoon and the Boomers. That vaccine news really shook the market up, even if it's just some Russian bullshit tested on 34 soldiers short term. -16% was the combined might of the entire world, JPM, Boomers, RH Kids and Tourists caused this. And still we're above $20, silver hands, never selling. Come get me, Boggs.

[Anonymous No.21276561]

>>21276519
not only sold, doubly so - short gang

[Anonymous No.21276573]

>It's all over guys
>The banks won
>No one is buying 1000 oz bars more than $2 over spot
>Major dealers aren't buying generic rounds back spot or more

ITS ALL OVER THE FED IS GONNA LET RATES GO ALL THE WAY TO 3%

[Anonymous No.21276574]

Are bars better than ASE? I know it can be a bitch to sell compared to ASE. Looking to just buy a large amount at once, but you usually can keep the premiums on ASE when selling if need be. I just have random silver rounds and a few 5 oz bars at the moment. still might just focus on gold though.

[Anonymous No.21276602]

>>21276519
Never... Your global dominance in the economy will come to an end with the death of FIAT garbage

[Anonymous No.21276632]

>>21275356
fucking speculators get the pavement
you're part of the fucking problem
get off this general you degenerate fucking gambler
i feel no sympathy for you

[Anonymous No.21276643]

>>21276279
How much more can JPM short for?

[Anonymous No.21276648]

What does 4 more years of donnie do to PMs because thats what kamala means as the VP pick

[Anonymous No.21276652]

>>21276469
Exactly. I'd go so far as to say that these whipsaws we've been seeing in the last month or so are just a precursor to what is about to come. Just look at the size and sharpness of this dip - the rebound is about to knock people off their feet.

[Anonymous No.21276668]

>>21276387
They will only succeed in fucking themselves. Imagine a neet furiously fapping, imaging he is fucking hot bitches when in reality he is fucking his very own hand.

[Anonymous No.21276711]

>>21276574
personally i think ASE has to high of a "boomer" tax. You can get maple leaves, krugs, and kangaroos cheaper usually.
are they better? I think you should have both. a portion of your stack should be in coins/rounds for ease of small transaction in shit hit the fan scenarios but the rest I think you can stack in bars for bulk and they are usually cheaper.
I got these for only a few dollars above spot today from provident metals and they look great I think.

[Anonymous No.21276712]

This dip is bonkers, how desperate are (((they))) to drop prices this much. Not that I am complaining. The climb to $100 and beyond is inevitable and I intend to pick up as much as I can along the way. I will watch the gold silver ratio too.

>>21275257
>low res images

[Anonymous No.21276718]

We are now 5 days from a potential gold standard announcenement

[Anonymous No.21276725]

>>21276105
>because you would stop having industrial consumption before then
No, you wouldn't.

[Anonymous No.21276773]

>>21276524

It's 100% manipulation. See >>21275174. They dumped double the annual silver supply today. 1.8 billion ounces. In terms of the annual silver supply that doesn't go into industry, they dumped ten years' worth of it. The silver spot price is meaningless. Keep accumulating miners and physical, and wait for the September COMEX bankruptcy.

[Anonymous No.21276775]

>>21275939
Were you ever to find any info on an explorer transition into a miner? I asked about it several threads ago

[Anonymous No.21276779]

>>21275552
>Scum of the Earth should be sentenced for slavery in Chinese gulags
No
They should be sentenced to mine every ounce they owe in Africa

[Anonymous No.21276803]

CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
>CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
>CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
>CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
>CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
>CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%
>CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%

just as predicted

[Anonymous No.21276805]

How low will we go lads? I've got a few hundred on standby to spend if needed

[Anonymous No.21276819]

>>21276648
oh fuck that retard picked her? she’s so fucking terrible

[Anonymous No.21276824]

I'm a eurofag and I'm afraid to go to sleep and see that the prices have rose again before I had the opportunity to buy more, if it dips even more then I'l be literally cooooming

[Anonymous No.21276832]

>>21276652
Keep in mind, I believe for metals to fully realize their value, the spot price everyone is so focused on needs to reach zero. Just like stock in a company, as the company falls, so does the stock. COMEX is no different. The size and sharpness of the dips will be in a (hopefully) downward direction until the losses are fully realized. In the meantime, however, physical metals will retain the value in one way or another until people begin to use more accurate pricing tools like https://findbullionprices.com/closest-to-spot/

[Anonymous No.21276837]

Newfag here, tell me where to park 5 figures in silver and whether I will have more fun playing with coins or bars

[Heavyrotation No.21276852]

>>21276524

[Anonymous No.21276864]

>>21276718
explain

[Anonymous No.21276895]

>>21276573
see
>>21275315
It's not happening. We can't service the debt at 3%. Everything crashes as 3%.

[Anonymous No.21276903]

>>21276574
Bars are fine if you trust your seller, but it depends on how long you hold and when you plan to sell.

>>21276602
Me? But Anon, I'm like everyone else here. Fiat is here to stay. Just...accept it. It's okay Anon, it'll all be okay.

>>21276712
No one is desperate; silver is simply returning to its real value. This is why most portfolio managers recommend 5-10% and not above this. PMs don't do anything except hold; speculating with them is dangerous unless you have lots of data.

>>21276773
False. You can't prove it, and other movements in the market suggest it's because investors are trying to get in on the bottom for the usual stuff (airlines, hotels, etc). Don't fall for the meme.

[Anonymous No.21276915]

>>21276837
50/50. For every 10oz of coins buy a 10oz bar

[Anonymous No.21276922]

>>21276803
>>21276803
>CME RAISES COMEX GOLD FUTURES INITIAL MARGINS FOR SPECS BY 6.9%

im 1 years old and my mom is typing this for me so explain to me as if I am a dumb baby with a tiny brain

[Anonymous No.21276930]

>>21275939
I'll bite. why?

[Anonymous No.21276939]

>>21276864

[Anonymous No.21276948]

>the absolute state of shills ITT
I'm never selling my PMs fags

[Anonymous No.21276956]

>>21275477
Just ordered 2x more 10 oz bars.

[Anonymous No.21276965]

>>21276805
This is as low as it goes, they needed to be below 25 for whatever the fuck they're doing.
>>21276832
I'm thinking as the whipsaws get bigger, one of them will eventually hit zero, and then it's all ogre from there.
>>21276837
Get a mix. Don't get anything above 10 oz of silver or 1 oz of gold.

[Anonymous No.21276970]

redpill me on these cunts

[Anonymous No.21276976]

>>21276803

WHAT DOES THIS MEAN?

[Anonymous No.21276979]

>>21276903

>>False. You can't prove it,

I just did. I literally proved it to you. They dumped 1.8 billion ounces of paper silver in a single day. Only 100 million a year even goes into investment per annum. If you think that those 1.8 billion ounces are backed by any real silver you are delusional. The paper ounce to real ounce ratio is 500:1 at the very least.

[Anonymous No.21276987]

>>21276773
>They dumped double the annual silver supply today. 1.8 billion ounces. In terms of the annual silver supply that doesn't go into industry, they dumped ten years' worth of it
YES! YES! YES!!!

>pic related is what the banks think is going to happen

[Anonymous No.21276989]

4$ smashdown

still up

still buying the dip

[Anonymous No.21276991]

>>21276939
>

[Anonymous No.21277007]

>>21276903
>Me? But Anon, I'm like everyone else here

Oldest trick in (((your))) playbook.....

[Anonymous No.21277008]

>>21276895
Sorry if I was being too subtle, but that was sarcasm there

[Anonymous No.21277030]

>>21276939
Wouldn't we need one more year for a nice even half-century? Why 49?

[Anonymous No.21277031]

>>21276987
Sauce?

[Anonymous No.21277038]

I've been posting fairly actively for the past few hours in the last 3 PMG threads (including this one). As I drop redpills, I have noticed an increase in posts on the order of FUD or doomsday-like to instill fear and confusion. I can tell that my information has been noticed and suspect that's why they are here. Just keep on keepin' on with your day anons. Another few weeks and everything I'm describing will become reality and physical holdings will benefit greatly. Don't worry about this day-to-day game, it's all they have left. (They) already lost.

[Anonymous No.21277052]

>>21275299
Theoretically, Authorized brokers see an arbitrage opportunity between the price of physical and the market price of SLV, they deliver a basket worth of ounces to the trust and grab up a bag of 50000 shares which they Promptly sell for a tidy profit which drives down the market price to match spot price or vice versa. In actuality market price can decouple from spot price on investor sentiment when there are simply more people willing to offload their shares at whatever price than there are interested buyers looking to pick up shares at whatever price they can.

[Anonymous No.21277061]

>>21276922
This forces holders of gold futures to sell their positions meet the lower requirements. Silver will be next. Then again I don't see any sauce on this

[Anonymous No.21277092]

>>21276939
max schizo has been achieved, and unsurprisingly it was in Ohio

[Anonymous No.21277094]

>>21275174
So a volume of 1.6B oz sounds bad, but that could be the same silvers just being traded back and forth. It doesnt necessarily mean that many new shorts were opened. The closing data will tell us that.

[Anonymous No.21277107]

>>21276519
That's a dumb fucking post, let me dismantle it.

>Silver and gold will go down again
They will also go up a lot soon
> There's confidence in the markets (financial, industrial, and energy stocks)
People are on Hopium this week, Trump is doing whatever he can, but it will ultimately lead to the collapse of the American Dollar. It there was a confidence, gold wouldn't still be around $2000
> the Russian Covid cure
Tested on 34 soldiers for a short period of time. No Stage 3 tests, so just like every other vaccine out there. This was a fake news to pump the market, Russia was about to get wrecked from all the oil loss. A borrowed time.
> and investors are buying low for hotels, banks, and cruise lines.
That will not have any clients, too many people will struggle for the years to come to think about costly holidays. Unemployment took a few months to skyrocket, it will take years to drop. It has always been this way.
> Govt. bonds rose
You know you're just talking bullshit right now.
>and oil went higher
Thanks Putin
>even the EU markets were higher today
EU and UK are printing too, people are tired of this situation and want to return to their normal lifes. It won't happen in a few months, it will take years to recover.
>Long term interest rates will fall
To what? -20%?
>and company earnings will recover
After a long time, many of these companies will bankrupt, more unemployment, less disposable income, no holidays or hobbies, less money in that branch, less people working in that sector, higher unemployment, it's a deadly circle.
> Air travel was at its highest on Sunday since covid began, and the hope is that it will continue to climb.
It will, and then Autumn and Winter comes and Boomers start dying to a new virus strain. Trump will win the election, so the media will pump the panic propaganda 24/7,blaming the virus on his actions.
>You guys should have sold two days ago, like I did
You'll buy again when it gets to the new ATH

[Anonymous No.21277119]

>>21276991
>South China Sea: Chinese military told not to fire first shot in stand-off with US forces
>Sources say that troops have been given orders not to escalate situation as both sides step up their activities in the disputed waters
>Beijing said to be keen to cool the ‘tense and dangerous situation’ and agreed to a conversation between defence ministers after initially snubbing the request

[Heavyrotation No.21277130]

>>21276930
Chalk it up to a mistake. I didn't see the dump being so deep in 1 session. It's ok, more fiat on tap to DCA for more oz

[Anonymous No.21277156]

>>21276519
>he Russian Covid cure
Lol
Good chance all the fools who take this shit get alzheimer or cancer

[Anonymous No.21277158]

>>21276573
my bad. so many bad actors lately I'm a bit gun shy

[Anonymous No.21277160]

>>21276965
Totally agree. It will be a truly great day for the world and humanity. It's not going to be fun, but we have to rip the bandaid off at some point and begin healing.

[Anonymous No.21277201]

>>21276465
okay, stop shooting at 10yards immediately go to the 25yards range and train yourself in proper technique of breathing, sight alignment and trigger control.
this was me after 5 weeks of training, in the beginning you improve very quickly

[Anonymous No.21277208]

>>21277038
Thanks for the based silver-pills, anon.

[Anonymous No.21277209]

>>21277158
Yeah that's why I included the +50% 30 day picture

[Heavyrotation No.21277213]

>>21277038
Most of us who have been round the block are with you. PM Newfags may need some extra love today though.

[Anonymous No.21277219]

Seriously who are the retards dumping Barrick and Newmont?
>Earnings: beat
>Dividend: raised
>Debt: down
>Price: down?????????

[Anonymous No.21277222]

>>21276773
how could they even have had 1.8 billion ounces to dump?

[Anonymous No.21277242]

>>21277219
Of all the miners, NEM is one of the most confusing drops. I'm piling in again tomorrow

[Anonymous No.21277245]

>>21276170
what kind of corona did you buy fren?

[Anonymous No.21277249]

>>21277222

>>how could they even have had 1.8 billion ounces to dump?

See >>21275478.

[Anonymous No.21277255]

>>21277222
Checked. Don't need 1.8 billion ounces. Just need 1.8 billion pieces of paper with "silver" written on it.

[Anonymous No.21277260]

>>21277201
That's pretty decent for a pistol at 25 yds

[Anonymous No.21277262]

>>21276979
No, you didn't. How do you know what the annual silver supply is? Is it independently verified? Furthermore, what does it matter if it was this amount or another in terms of total %? Nothing matters here in these numbers; goods are being traded, that's all. Some are selling, and some are buying. You think someone rich enough to affect the system is going to miraculously destroy this system so you don't lose money on your 'investment'? Please Anon, use your head. You lost today, and you'll be losing for a long while. You should have sold two days ago like I did.

>>21277007
Nah, I have a list of those...I'll put it in the next post.

>>21277107
The data came as reported by the Guardian today :) https://www.theguardian.com/business/2020/aug/11/stock-markets-boom-as-hopes-rise-for-us-economic-stimulus-and-covid-19-vaccine

I'm sorry the facts disagree with your opinions, Anon. Don't worry, you won't lose everyday.

>>21277156
I agree, I wouldn't take it right now either. But it has affected the confidence of investors, and that's really all that matters.

>PMs are not alone. They're affected by everything in the economy, and if you don't look around, you'll miss what is obvious.

[Anonymous No.21277284]

>>21277222
How indeed?

[Anonymous No.21277290]

>>21277222
>1.8 billion ounces
They raided Office Depot's printer section

[Anonymous No.21277301]

>>21277208
I've been staying quiet for a while but got sick of watching the anxiety. Maybe they are all bots kek who knows. At any rate, glad to help anon.

[Anonymous No.21277307]

>>21277222
Jews

[Heavyrotation No.21277312]

>>21276573
When all was said and done, my PMs equities account was down by 5.75% and I added new positions later in the day. That's pretty in line with the Gold decline for the day in your pic related.

[Anonymous No.21277320]

>>21277262
Lets see it

[Anonymous No.21277328]

>>21277262
>You lost today
Yes
>and you'll be losing for a long while.
BBBAAAAAAHAHAHHAHAHAHAHAHAHAHAAAAA... Well meme'd

[Anonymous No.21277339]

So why is shitcoin dumping also? What's JPM doing?

[Anonymous No.21277343]

>>21277242

Newmont Mining is now less than it was on 22 May, when you had $17 silver and $1650 gold. The sell-off in the miners is an absolute joke. Strong hands are going to buy it all.

>>21277262

>>No, you didn't. How do you know what the annual silver supply is? Is it independently verified?

The data is well known. What I have in my picture is accurate. You can investigate the matter further here:

https://goldsilver.com/blog/update-new-silver-supply-is-drying-up-faster-than-death-valley/

The very fact that you can't buy an ounce of silver less than $35 dollars is itself proof that there is no silver left.

[Anonymous No.21277357]

ILL SEE YOU IN HELL JPM YOU COCKSUCKING SCUM

[Anonymous No.21277366]

>>21277339
When interest rates go up, everything else goes down all things being equal

[Anonymous No.21277370]

>>21277007
Before I forget.

>Here, buy my 'precious' metals.
>Don't be a fool, buy my 'precious' metals.
>The gov't doesn't want you to own any, but you're smarter than that. Buy my 'precious' metals.
>The world economic system is going to collapse, but it's a secret that only I and a few other merchants know. Buy my 'precious' metals.
>If you buy it from me, I'll only charge you a small premium. But don't worry, I'll definitely buy it back from you when you wish to sell. There might be a small premium, but you'll have saved yourself from disaster. Buy my 'precious' metals.
>Hyperinflation is a certainty, and the stock market is rigged. The only way you can win is to not play the game. Buy my 'precious' metals.
>The silver:gold ratio is historically wide to such an unprecedented level that you're guaranteed to be rich when it returns to normal. Just make sure you buy as much as you can now. Buy my 'precious' metals.
>Forget land, real estate, stocks, or anything else, because the government can repossess all of that. Make sure you have gold and silver and hide it well so that when the federal agents come to confiscate it, your wealth will be secure. Buy my 'precious' metals.
>The USD is guaranteed to go tits up, requiring the US to go back to a gold standard. You'll be one of the only ones who survives with his finances intact, unlike the other fools. But don't wait, buy my 'precious' metals now before it's too late. The price seems high to you? Well, you missed the dip, but it's only going to go higher, so keep on stacking. Buy my 'precious' metals.

If you really want to have fun, you can play bingo with these options. How many have you fallen for?

[Anonymous No.21277376]

>>21277213
Crazy dichotomy afoot. So hard to explain to newcomers that "no no no, you WANT that number to be zero" kek it's like teaching a child to share. They just don't want to let go.

[Anonymous No.21277397]

>>21277357
Based and vengeful pilled

[Anonymous No.21277408]

>>21277343
>you can't buy an ounce of silver less than $35 dollars
I just got 20oz at $29. Pleased to be under $30. I'll do it again if spot and premium drop through the week. I can average back into miners. I don't know if we'll be able to easily average into physical...

[Anonymous No.21277411]

>>21276117
Beautiful firearm bud. We all got fucked today but as it is written The Lord gave, and the Lord hath taken away. In the end the JPM bastards and their ilk will get whats coming to them. Stay strong and keep up the pistolaro training

[Anonymous No.21277415]

>>21277245
can you redpill me on these Goldkronen? They have been the cheapest bullion option I could find. I don't really like that they aren't pure gold, but if there isn't any other catch I think I might order a bit.

[Anonymous No.21277439]

>>21277376
Yeah lol, the ((price)) went down over $4 today and allocated metal traded $2 lower

[Heavyrotation No.21277455]

>>21277343
I picked up Yamana today 2¢ above the closing price. It was down almost 10%. A few good buys today. First Majestic was another in teresting buying opportunity.

[Anonymous No.21277459]

An entire day that I kept telling myself "it can't keep going down anymore than THAT"

[Anonymous No.21277460]

>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.21277487]

>>21277376
Yeps.

[Anonymous No.21277500]

>>21277459
Buddy, you have no idea what's possible.

[Anonymous No.21277503]

AAAAAAAA

IS IT TIME TO BUY AGQ???
IS SILVER GOING TO COME BACK??????

[Heavyrotation No.21277530]

Maloney now
https://youtu.be/7FMf11zbLC4

[Anonymous No.21277573]

>>21277343
china is going to step in and buy up all silver and gold

[Anonymous No.21277606]

>>21276718
Bullshit you really think (((they))) would get rid of the best way to steal from the American people.

[Anonymous No.21277610]

the short squeeze has the potential to easily bring silver to 3 digits per ounce. What does JPMorgan know that we don't?

[Anonymous No.21277632]

>>21277415
they are modern day restrikes of a historic coin made by the state mint of Austria.
https://www.muenzeoesterreich.at/eng/produkte/100-crown

I buy them because they are by far the cheapest way of accumulating gold in my country (Austria), the premium often times is lower on the Kronen 100 coin than 250g gold bars. I never bought one for more than 1%, usually they are 0.3%-0.6%.
However I buy "used" coins, not freshly made restrikes by the mint as the link above is offering.

Purity is 900/1000, 30,5g fine gold + 10% copper to harden the coin. Its not my favorite coin by the looks, but comparing to people that pay 2-4% premium to get a Krugerrand 1oz, it surely is a winner.

[Anonymous No.21277654]

>>21275147
Down $12K... the last time I check 10 minutes before close. Don't even want to think about it now. Just gonna clear my had get ready for tomorrow.

[Anonymous No.21277662]

>>21275174
I’m invested in AGQ which tracks the spot price of silver on daily 2X leverage. How fucked am I ?

[Anonymous No.21277677]

>>21277610
>>21276965

>This is as low as it goes, they needed to be below 25 for whatever the fuck they're doing.

The dump today was for the banks to recoup their shorts and close them, so that they can go long. They are going to make a fortune from the gold and silver surge which is coming imminently. Never, ever let the world forget their crimes.

[Anonymous No.21277699]

>>21277677
I know, man. I'll remember.

[Anonymous No.21277711]

>>21277370
Yeah, I'm thinkin he's back, bros.

[Heavyrotation No.21277732]

>>21277654
Been there many times. The best thing to do. Shut it off and remember your LT plan. We know these days are always part of it. The stong come out way on top. Enjoy your evening.

[Anonymous No.21277761]

Anybody else ready for the jump when the systems reset?

[Anonymous No.21277768]

>>21277711
easy champ, hes a faggot, not john wick
also checked

[Anonymous No.21277772]

Weird. Can't even buy the dip since all local shops are sold out.

[Anonymous No.21277776]

Very worried about the headlines alluding to hot conflict with China. These things don't usually get paraded before the masses unless it's to program them for it.

[Anonymous No.21277781]

kind of fresh OC I guess

Taking suggestions of the text. Or just make your own.

[Anonymous No.21277788]

predictions for the opening?

[Anonymous No.21277805]

>>21277530
>blah blah blah but I can't talk about that anymore because of censorship
WAT?
What was it?
End of days predictions?

Man, I gotta start lifting again. I gotta be able to shave my head if my hair ever gets like that, and only buff guys really pull off the chromedome look.

[Anonymous No.21277806]

Coin Shoppe limiting all 1 oz silver round purchases, the cheapest maple round has a max of 1

[Anonymous No.21277811]

>he doesn’t know that bankers always win
Keep dreaming “stackers” heh

[Anonymous No.21277818]

>>21277777

[Anonymous No.21277821]

>>21277439
I've put the word out to some prominent experts to start adding a "what to expect" section during their interviews. Specifically price falling being a fantastic thing and that their physical assets are being rewarded as a result. The perception has to change before the next chapter can begin. Should start to see some high-traffic videos spreading the message soon.

[Anonymous No.21277824]

>>21277662

I don't know enough to advise you. So far as I know, anybody holding SLV or GLD or a leveraged version of SLV or GLD is liable to lose everything. If I were you I would get out while I still could and buy SILJ. It would hurt to lose so much money, but SILJ is going 10x in this bull market anyway. However, you need to investigate this matter for yourself, and come to your own conclusions. The spot price of silver may still go up again before the SLV bankruptcy in September. I have no idea what is going to happen.

[Anonymous No.21277826]

>>21277781
Spell currency correctly for fucking starters

[Anonymous No.21277834]

>>21277781
blank for your own versions

[Anonymous No.21277865]

>>21277370
But everything in green text is going to happen lol.

[Anonymous No.21277881]

Are cheap bullion like aztec calendars and owls a good way to scoop up silver or is there something inherently bad about them?

[Anonymous No.21277905]

>>21277772
>weird

[Heavyrotation No.21277926]

>>21277805
Not sure. When he had Ronni Stoeferle of Incrementum on last month he would let the fella get a word it edgewise.

[Anonymous No.21277930]

>>21277811
I'm not looking to win, only survive

[Anonymous No.21277943]

>>21277107
>That will not have any clients, too many people will struggle for the years to come to think about costly holidays. >Unemployment took a few months to skyrocket, it will take years to drop. It has always been this way.
A little too optimistic for me
A real vaccine or drug therapy won't come out until 2022 at the earliest
States will keep closing and opening and each time it will keep getting worse because acceptable levels of infections keeps rising
Cruise ships, airlines, hotels will all keep dropping and unemployment will keep rising for the next 2 years
Eventually investors are gonna realize how stupid they've been and many stocks will drop to inconceivable levels as people panick sell

Anyone who thinks things are gonna get better anytime soon is a retard, aka the average American

[Anonymous No.21277980]

>>21277826
yeah just noticed it

[Heavyrotation No.21277987]

>>21277926
*wouldn't

[Anonymous No.21278053]

>>21277943

We have had four or five occasions of these vaccine hoax selloffs now. I don't believe any real people sell their gold and silver. The headlines are simply used as the pretext for the paper dumps. I don't think anybody in their right mind is stupid enough at this point to believe either 1) That the economy collapsed only because of the virus, and wasn't going to collapse anyway, 2) That the virus is any real threat, rather than a cried-up hoax, 3) That a vaccine could cure something akin to the common cold in any event.

[Anonymous No.21278093]

[Anonymous No.21278113]

>>21275324
Long squeeze. It's obvious silver is going up, so too many people are longing it, so the banks liquidate them before letting it go up further.

[Anonymous No.21278126]

Who came the bounce off of $24.5? Das rite, me in the other thread. If we lose that level we will never go back up.

[Anonymous No.21278134]

>>21278093
Based and blowjob pilled

[Anonymous No.21278154]

If days like this are to cover shorts, how long until they decide to go long?

[Anonymous No.21278163]

>>21278093
big time improve.

[Anonymous No.21278193]

>>21277632
Yeah here in Switzerland they are also cheaper than 100g bar, only 250g and 1kg is cheaper. No other coin in sight at that price. However it's still around + 1.75% over spot. So I'm still pretty jealous of the prices you get.

[Anonymous No.21278201]

>>21278154
That could happen as early as tomorrow. Everyone is just waiting for that big paradigm shifting event, even if they can't articulate it. It's like when birds react to changes in the magnetic field.

[Anonymous No.21278206]

>>21278093
>All Mexicans

Hard pass, once they hit 25 there mass triples

[Anonymous No.21278226]

>>21278093
What race is this?

[Anonymous No.21278243]

>>21278206
find me other images of girls in a classroom with better looking women then ill make more versions. Asian, white, w/e you want.

[Anonymous No.21278262]

>>21278226
Spanish

[Anonymous No.21278324]

>>21277824
I think I’m just going to buy the dip bro. But I should probably know more about the assets I hold

t. Bought the top

[Anonymous No.21278343]

>>21277711
I never left. I was delayed because some idiot from here kept on trying to sell PMs on /pol/ last week.

>>21277768
It's not me you should be afraid of, it's JPM.

>>21277865
Of course it is Anon. That's why we win. Anything can be sold on fear, and as long as you sell both situations (i.e. buy when low and buy when high to 'average' out kek) then you always win.

It's like diamonds; it has nothing to do with how much you love the woman, it's simply about spending 3 months salary. It's all fair. This is how we make money off of you...don't you see it yet?

[Anonymous No.21278357]

>>21278193
Wouldn't Helvetias be just as cheap there

[Anonymous No.21278381]

>>21278226
2nd on left with blue shirt is gorgeous

[Heavyrotation No.21278398]

[Anonymous No.21278443]

>>21278343
Problem is you cant print gold and silver. You'll see

[Anonymous No.21278449]

>>21278206
Just wait until Mexicans realize the value of silver
We'll have an OPEC but in C/SA with silver

[Anonymous No.21278456]

>>21278324

If you do "buy the dip," make it SILJ, not AGQ. SILJ is priced for $18 silver now, even though silver is nearly $25. It's at rock-bottom.

[Anonymous No.21278464]

>>21278398
Baste

[Anonymous No.21278485]

>>21278398
I knew it, even after the collapse that paper spamming faggot shill is still a loser.

[Anonymous No.21278490]

SLV CHADS RISE UP! HOLD FIRM.

[Anonymous No.21278534]

>>21278456
>Don't you know silver is going all the way back to $17?! The monetary environment hasn't changed at all!!!!!

[Anonymous No.21278602]

>>21277262
If you think real rates can rise in the coming years you are beyond hope.

[Anonymous No.21278603]

>>21278456
SLJ is silver miners junior ETF which isn’t “as” correlated to silver price I thought?
AGQ moves with spot but it’s leveraged 2x so tiday was absolutely brutal

[Anonymous No.21278604]

>>21277788
steady climb

[Anonymous No.21278615]

>>21278357
No helvetias are rather expensive, Vreneli is a bit cheaper but due to high demand the premium are too expensive even in switzerland.

>>21278193
Just buy the 100 Kronen, you will not be dissapointed, consider it an alternative to modern day bullion coins like Wiener Philharmoniker, American Eagle, Maple Leaf etc.
Also there is no downside to a coin that is not pure gold, in the end gold is gold plus you get the benefit of the alloyed coins being more resistant to scratching on the surface from handling.

[Anonymous No.21278620]

>>21278534
>that comic
top kek

[Anonymous No.21278624]

>>21278357
+ 9% over spot for some reason. I think the most common gold coin is the Goldvreneli, but it's hasn't been produced in decades. Current price is + 4.66% over spot.

[Anonymous No.21278626]

>>21278490
nice

[Anonymous No.21278643]

>>21278443
That's why it's limited, and that's why PMs fail. You still don't understand. Anyway, unless you live in a 'shithole' country, you'll have to transfer your PMs into fiat in order to use their value at some point; the question is, when do you transfer? When it's high, or when it's low?

>turn to page 247 to hold steady
>turn to page 463 to sell

[Anonymous No.21278661]

Is it okay to buy weird coins or should I pay the premium and only stick to US/UK/Canada/Aus?

[Anonymous No.21278664]

>>21278490
Looks like something made by a Redditor, kinda cool desu, also a bit cringe

[Anonymous No.21278669]

>>21278615
ordered

[Anonymous No.21278674]

>>21275070
Just FOMOd 10 oz of Britannia. Puts me at 150 ozt total.

[Anonymous No.21278693]

>>21278602
I don't need to predict what will happen Anon; experts do it for me. They are easier to trust than random idiots on a basketweaving forum.

[Anonymous No.21278721]

>>21278669

[Anonymous No.21278725]

>>21278643
>you'll have to transfer your PMs into fiat in order to use their value at some point;

FALSE

[Anonymous No.21278751]

>>21278674
are you in the UK? where do you buy from?

[Anonymous No.21278766]

>>21278661
Everything you sell to a dealer will end up in a furnace eventually.

>>21276712
Everytime someone posts this woman I can't help but think she's only 3/4 Japanese. Is there a birch stick in her family woodpile?

[Anonymous No.21278774]

>>21278661
Some people say you should buy the cheapest you can.

I like to buy coins with anti-counterfeit features, like mapleleafs, as I believe they will be easier to validate and trade/sell when needed.

[Anonymous No.21278780]

>>21278661
It's fine if you want to sell them to a shop. It's easier to sell government coins to boomers but OTOH they're more commonly counterfeited due to popularity.

Me, I've taken the cyberpill.

[Anonymous No.21278782]

>>21278725
Crying at my local Wal-Mart because they won't take my shiny rock as payment for my bread, eggs, and milk.

[Anonymous No.21278801]

>>21278751
No US. I went through JM Bullion. 28.9/oz with premiums

[Anonymous No.21278812]

>>21278603

SILJ offers 3 leverage to the price of silver, and within that leverage already needs to go 3x simply to catch up with the normal Miner:PM ratio. It is the trade of the century.

[Anonymous No.21278818]

>>21278615
>keeping gold in plastic and not an airtight
You know the gold evaporates into the air right?

[Anonymous No.21278821]

>>21278725
Gold and silver are not accepted as forms of currency for buying a house, or a car, or anything else directly in delivery. You can't pay a grocery bill with a few silver coins, nor can you buy gasoline. With the digitization of currency and the 'encouragement' of the populace to use tap cards, physical currency is used even less.

Are you an idiot, or simply impaired?

[Anonymous No.21278847]

>>21278782
They used to. In 1963 son, before we were robbed

[Anonymous No.21278873]

>>21278782
>Crying at local Shart-Mart because my van full of fiat can't buy a loaf of bread.

[Anonymous No.21278882]

>>21278821
Umm you're the idiot for those of us in TX my friend. Gold and silver good as money here.

[Anonymous No.21278884]

>>21278449
And all under the watchful gaze of the USA, as Mexico becomes our factory nation of choice over China, since they're now cheaper, in our backyard, and aren't a hostile world power. The century of the New World is now.

[Anonymous No.21278892]

>>21278780
>Me, I've taken the cyberpill.
Not to be obtuse.. but that's physical silver in your pic. Are you saying we are all living in a simulation?

[Anonymous No.21278905]

Someone please shill me their miners, I have GDXJ, Discovery, Dolly Varden, Fireweed Zinc and McEwen
Thank you

[Anonymous No.21278912]

>>21278847
Yeah, but it's it's not 1963 anymore. I don't think Silver is a horrible investment but it's probably not going to be traded by most people on the streets. Maybe if you like, go to a random rural town and pay farmers or something.

[Anonymous No.21278914]

>>21278821
>member of the "CHOOSEN" tribe.

[Anonymous No.21278924]

Oh my god what is going on

[Anonymous No.21278945]

>>21278818
nooooooooooooooooooo

[Anonymous No.21278947]

>>21278821
Hey Kike. How is the weather in Tel-Aviv?

[Anonymous No.21278968]

>>21278912
It just gives me a sense of alleviation from a possible dollar collapse or hyper inflation. I dont think we'll ever get full mad max tier, if we do I have guns/lead for that

[Anonymous No.21278973]

https://academic.oup.com/cje/article/33/4/741/1730234#25328273..
This is a good read for all of you guys since it predicted what we see now.

[Anonymous No.21278988]

>Portfolio was at 4.6k yesterday. Made up of miners and a couple slv calls for '21
>open rh look at portfolio
>at 2.6k
>nope

Ill check it again in a month or two. Itll be better then, right bros?

[Anonymous No.21278992]

>>21278905
OK

[Anonymous No.21279006]

>>21278905
Fren, how good & reliable are those miners? Also, can you give me some sause on their monthly reports?

[Anonymous No.21279013]

>>21278892
are you saying you're this new?

[Anonymous No.21279017]

>>21278988
WHAT THE FUCK WAS THAT

[Anonymous No.21279020]

>>21278905
>>21278992

[Anonymous No.21279022]

>>21278968
I agree. If anything it's going to be some sort of cyberpunk dystopia (except nothing cool) Forced to use Fedcoin. Can't use physical currency.

[Anonymous No.21279034]

>>21278892
>Are you saying we are all living in a simulation?

Yes, but that's unrelated. On /PMG/ we call pic related cyber rounds.

[Heavyrotation No.21279042]

For TFMR subscribers, todays podcast just posted.

[Anonymous No.21279045]

>>21279017
Jm ending any profit i made in the last month

[Anonymous No.21279050]

>>21278693
Its not predicting. Its math. Look at the debt, now calculate the interest payments.

[Anonymous No.21279062]

>>21278905
>>21278992
>>21279020

[Anonymous No.21279065]

>>21278905

All your choices are excellent, but add Wallbridge Mining. It's an essential stock. Next to that, SPA.

[Anonymous No.21279068]

>>21279042
Was thinking of subscribing. Could use more Hemke during this time.

[Anonymous No.21279073]

>>21278945
but that just means most of the worlds gold is evaporating, driving the $/ up

[Anonymous No.21279078]

>>21279042
Cliffs notes?

[Anonymous No.21279088]

>>21278988
Damn I thought I was having a bad day down 24%

[Anonymous No.21279112]

>>21279022
There will still need to be a platform for selling "insert product here" between private sellers or on the secondary market

[Anonymous No.21279116]

>>21278882
No wonder you guys need lead security at all times.

>>21278914
Nah, I just use their rules of business to get rich.

>>21278947
Dunno, but it's really nice where I am right now. Should probably clean the pool at some point though; damn leaves keep getting in there.

>>21279050
Who's collecting the interest payments? Further, do they care if they are late?

[Anonymous No.21279120]

>>21278821
All it took them was 2 generations to wipe out 7000 years of human history of real value. The society is financially retarded now, they can play them as they want.

[Anonymous No.21279126]

>>21279050
Debt is $28T EOY
Debt is growing at 8.72% per annum
Tax Receipts are growing at 2.54%
Debt at 2030 $64.75T
Tax Receipts at 2030 $4.8T
If you use the average interest rate of 3%
40% of tax receipts is paying the interest.
That is game over

[Anonymous No.21279159]

>>21279116
Sure thing shlomo

[Anonymous No.21279161]

>>21279068

[Anonymous No.21279162]

>bought 20,000 MUX at 1.40
>at 1.24 now

oh well

[Anonymous No.21279190]

>>21279126
War is the only debt reset we know, damn shame. I was hoping I'll be the lucky generation with no major conflict. Looks like it will be THE major conflict...

[Anonymous No.21279206]

>>21279120
Real value still exists = property.

>>21279159
How can you be so untrusting? I'm trying to help you.

[Anonymous No.21279207]

>>21279162
I meant 10,000

[Anonymous No.21279224]

>>21279162
Shouldve bought 200 calls contracts

[Anonymous No.21279229]

>>21278884

[Anonymous No.21279251]

>>21279190
See
>>21275315
I'm worried about war, but the Fed is likely to announce YCC in September. It's the same way we dealt with the debt to GDP ratio from WWII. They inflated it away with negative interest rates. I say that only to counter that war is not the *only* way and they are already pursuing a peaceful means of dealing with the debt. If we get to war, it will be over more than the debt.

[Anonymous No.21279265]

>>21279162

GDXJ is down more from the peak than MUX, and that's mid-tiers and not small-caps. Don't let it bother you.

[Silverbugette No.21279274]

>>21275914
WE LOVE YOU HERR SPROTT

[Anonymous No.21279280]

Good news, frens...Silver opened UP!

[Anonymous No.21279293]

The US dollar lives another day

[Anonymous No.21279313]

lol 1% in 3 minutes

[Anonymous No.21279324]

>>21278818
It evaporates at 2900°C wtf

[Anonymous No.21279348]

>>21278988
Damn, don't play with guns in the house. So many broken rules here.

I think the pig got launched from the broken tile because it looks like a .22

[Anonymous No.21279364]

initial pump over, continue zee doomp

[Anonymous No.21279366]

OH MY GOD!!!

[Anonymous No.21279368]

>>21279280
Fuck this I wanted to spend all night fretting about whether now is the right time to convert my PSLV shares into physical.

[Anonymous No.21279374]

>>21279280
please tell me it's going down again. The earliest I can buy some paper silver will be in about 9h.

[Anonymous No.21279387]

>>21278464
fresh OC

[Anonymous No.21279392]

>>21279348
that is for sure a .270, piggie lived btw, extremely deaf, but alive

[Anonymous No.21279393]

>>21279324
You didn't take into account global warming.

[Anonymous No.21279444]

A N T I C I P A T I O N

[Anonymous No.21279446]

>>21279374
Up 50 cents and 2.25% in 5 minutes

[Anonymous No.21279467]

>>21279392
Hope the parents made the kid replace the tile because he's definitely not smart enough to go to college.

[Anonymous No.21279479]

>>21279393
>>21279324
its already 115 degrees, if it gets 1 degree hotter im gonna kick your ass

[Anonymous No.21279484]

>>21279387
Moar hemke

[Anonymous No.21279488]

>>21279374
Big green candle.

[Anonymous No.21279491]

Eurotrash are bargain hunting

[Anonymous No.21279505]

>>21279280
ya we going to 28 on silver

[Anonymous No.21279518]

Tesla Share Split 5-to-1
Bullish for Silver (not SLV, SILVER)

[Anonymous No.21279526]

>>21279484
aka Turd Ferguson

[Anonymous No.21279554]

>>21275070
>Rook to my coming on the first right of the fifth day
>at market open rook to the East.

[Anonymous No.21279555]

[Anonymous No.21279560]

ON THE RISE. I thought market closed at 6 EST?

[Anonymous No.21279583]

>>21279446
why is this happening, did some important market just open. I don't really understand trading hours for PM, it seems they are almost trading 24 except for weekends? When is the best time to buy usually? Since I'm mostly interested in physical ETF I'm pretty limited to opening ours of the stupid exchange.

[Anonymous No.21279604]

Has anyone found any good physical deals with this dip?
I'm at 1.8 ounces and am thinking of evening that out to 2k
I just got back from the LCS and they wouldn't honor today's spot.

[Anonymous No.21279613]

>>21278905
AG, GPL, SLVRF, WLBMF, FFMGF. If you like to gamble, New Range. If not, NEM.

[Anonymous No.21279628]

>>21279555
God damn I wanted to buy the bottom but I was detained at work

[PAN MAN No.21279629]

>>21275070
How we all doing today, I see gold and silver went way down, kind of bummed on that I need gold to stay high but good for the stackers right? Spent the day testing a few new spots, dug a bunch of holes, hopefully some nice material a little deeper tomorrow.

[Anonymous No.21279631]

>>21279604
Do you think 25 or 28 will matter when silveris $100?

[Anonymous No.21279632]

>>21279555
Checked, $30 next Monday.

[Anonymous No.21279669]

>>21279280
GONNA MAKE IT
GONNA MAKE IT
GONNA MAKE IT

[Anonymous No.21279670]

>>21279613
As we move forward, people should be cautious with call options especially on big names like NEM. If there is a buyout at say a 30% premium and your calls are 50% otm they are instantly worthless

[Anonymous No.21279674]

>>21279628
i quit my job for this was worth it

[Anonymous No.21279690]

New Thread

>>21279675
>>21279675
>>21279675

[Anonymous No.21279706]

Does anyone know when CME updates open interest?

[Anonymous No.21279716]

>>21279631
I know that, if there is nothing around to take advantage of the paper dip then I'll just pay.
It doesn't hurt to ask though.

[Anonymous No.21279733]

>>21279583
Look below the chart for opening times.

[Anonymous No.21279738]

>>21279629
Are you in British Columbia somewhere? I have hand equipment I'll help you dig some holes.

[Anonymous No.21279775]

>>21279629
Enormous shorts yesterday, panman. 1.735 billion "ounces" of silver changed hands along with 55.66 million of gold. Price action is as you see. Current speculation is that shorts are getting out of the game before things get wayyy worse for them.

[Heavyrotation No.21279835]

>>21279078
TFMR Podcast Points
Things have not changed prices are still determined by “phone baloney” derivative contracts Elevator Up and back down
Last week silver was up 127% in 20 weeks, and GDX up 108% you have to take profits, but you have to be prepared to buy when things are the scariest
Expects a sharp rebound and may try to trade tonight albeit not expecting high back up to $30
Silver last week was so parabolic it can’t go up so fast that it starts bending over backwards
Whoopdy doo the TYY is up to .65
today was just a flushing where people head to the exits and the banks keep pushing
There were so many gaps up that needed to be filled and so to be expected, this was extraordinarily past due
I have been saying that we would go sideways this month
So far Gold is down $50 for the month of Aug
Silver up .64¢ (2.5%)
Nothing fundamentally has changed
I’ll remind you of the massive smash in March that preceded QE to infinity
And the couple of smashes in April whioh preceded additional liquidity and now
trial balloons being fully floated that the Fed says will allow IR to got to 2% (he says no they won’t) and willing to do YCC
Don’t get caught up day-to-day that’s gambling
Can’t go straight up forever
He’s missed some opportunities due to the surprising rapid rise
Banks trying to run everyone out of positions ahead of fed actions
Looking back a few specific times this year people got badly head faked mentioned some dates recently
Do not be surprised by a further dip this evening and a sharp back that is tradable (not all the way back up right away)
The rest he goes into a discussion on his charts. Lots of detail there and recognizing patterns of manipulation among other things
Bottom line: expects a sharp bounce

[Anonymous No.21279845]

>>21279583
It's more like 23/5

[PAN MAN No.21279877]

>>21279738
Yep I am working in the Cariboo district by Quesnel most of this summer while I wait to get work done in the north of the province this fall. Ground isnt permitted here just exploring.
>>21279775
Makes sense I saw the bots did some odd stuff again a few threads back, hopefully we see some things balance out soon. I am sick of this manipulation.

[Anonymous No.21280031]

>>21279877
Oh nice I'm right by Hixon. I've spent about 3k on gear and haven't had much luck. My grandpa sold his legacy claim a few years back on Terry creek.

But yeah I'm 29 and fit and good with a shovel or track hoe.

[Anonymous No.21280213]

>>21280109

[Anonymous No.21280268]

>>21279877
Here's some that I cleaned up from some forgot concentrate buckets haha

[Anonymous No.21280283]

This is the pullback we've been calling for weeks. If you're not invested at all it's time to start dollar cost averaging into your positions. Otherwise, I'm giving this dip some time to play out within 3 weeks then I'm adding aggressively to my juniors positions. I hope we crash hard and kill all the weak hands.