/pmg/ precious metals general

[PMG Baker No.23355373]

Comfy pepe edition

Bullion dealers
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/
https://silvergoldbull.com/

>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/ (US)
https://eu.compare.pm (EU)

>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

EU/ENGLAND sources
https://www.chards.co.uk/ [Much cheaper than BullionByPost]
https://goldprice.eu5.net/ [Website to compare gold prices for UK]

Russian/European coins
https://oldsilver.ru/

Previous thread:
>>23344180

It is happening:
https://www.youtube.com/watch?v=wXKIaRKdy4Q&feature=youtu.be

All those with at least 1oz of weeb round is more than 4 billion people. We may make it, but buy more.

[Anonymous No.23355421]

buy silver

[Anonymous No.23355436]

[Anonymous No.23355438]

My final stack is

8 oz gold
825 oz silver (250 of which ASEs)
1 oz platinum
~$25k gold/silver/uranium miners

I have to stop here because I need to save my money for other things and pay off debt. How did I do?

[Anonymous No.23355450]

>>23355373
wtf we asked for a full gloom & doom OP and you come up with this comfy shit?
FUCK YOU NIGGER

[PMG Baker No.23355452]

>>23355438
You look good anon. Make sure you have other supplies in food, water, and defense.

[Anonymous No.23355459]

>>23355450
Who said that Gloom and Doom isn't comfy?

[Anonymous No.23355465]

Ugh, fuck. I have chest pains, brothers.

[PMG Baker No.23355489]

>>23355450
We know how doomy and gloomy it will be. When the stock market panics, we are comfy bros since they did not hear us when we were here.
>>23355465
You ok anon?

[Anonymous No.23355521]

I'm hungry. need food

[Anonymous No.23355611]

>>23355542
It really does feel like a treasure hoard. All I have to do once it comes in is make sure it's real & at weight and I'll be holding onto it for probably most of my life.

I really appreciate your lessons as well, I was initially fixated on listing weight and I completely disregarded weighted stuff until you again opened my eyes. I've even done up a piece of software now that speeds up the calculating process so I can be sure that I'm getting value out of what I buy.

Sincerely, thank you. I don't think I would have ever stacked 1.5kg of sterling otherwise.

[Anonymous No.23355639]

>>23355438
much better than my late poorfag ass

[Anonymous No.23355668]

>>23355465
B-but I thought the coof was a conspiracy by the banks to divide & conquer everybody..?!?!
no way... its actually real... how could this be

[Anonymous No.23355698]

>>23355438
rookie stacker here, what is the significance of having eagles? in gold and silver an ounce is an ounce right? or are some coins inherently more valuable

[Anonymous No.23355717]

>>23355373
>comfy feels thread
let's make it comfy tonite

[PMG Baker No.23355720]

>>23355698
You get a bit more premiums back & a lot more trusted, but stack generics 1st.

[Anonymous No.23355725]

>>23355668

[Anonymous No.23355759]

>>23355717
Based Yukari poster.

[PMG Baker No.23355762]

>>23355717
Nice to see that you are comfy yukari-anon

[Anonymous No.23355767]

>>23355698
oz per oz., bullion is bullion

only numismatics are special. shouldn't mess with numismatics unless you really know what's what

[Anonymous No.23355803]

>>23355698
Typically American coins are more well-known and hypothetically easier to sell so people pay more for them. Personally I'd go for the lowest premium available but there's an argument for both sides.

[Anonymous No.23355809]

>>23355438
based homm3 poster

[Anonymous No.23355817]

>>23355725

[Anonymous No.23355845]

>>23355767
>>23355698
but, ASEs are well recognized, highly accepted and sought after, presumably will be easier to sell anywhere and my fetch higher sell prices than generic. rounds

[Anonymous No.23355876]

I recently received this circulated R1 silver coin minted in 1977.

I wonder if anyone here has any more recently circulated coin?

[Anonymous No.23355891]

>>23355876
More recently circulated silver coin, that is.

[Anonymous No.23355894]

comfy eagles
ASEs are beautiful even when compared to the vintage beauty of the Morgans and Peace dollars

[Anonymous No.23355928]

Anyone stack more obscure metals like copper or lithium? I have an opportunity to snag some cheap copper but I worry that I am memeing myself.

[Anonymous No.23355934]

market opens in 15 minutes. what are we expecting? I sold 10oz over the weekend at £29/oz so I'm hoping for a dip to replace it

[Anonymous No.23355955]

>>23355928
My complaint with copper is that it takes up a lot of space and weight compared to the value it retains
Lithium may be based, however.

[Anonymous No.23355965]

>>23355611
>I've even done up a piece of software now that speeds up the calculating process so I can be sure that I'm getting value out of what I buy.

Damn that's awesome, keep building that database up with actual yield results from weighted stuff and it could be a powerful tool, very cool.

Keep stacking man, 1.5kg is an awesome pile and if you manage to score nice cheap goblets, plates and other patrician tableware in your hunting you'll be able to bust out badass table spreads like a boss. Lots of fun to be had actually using your silver, it's classy stuff and will be absolutely amazing to have around and enjoy after PMs moon. If we do get $600 silver, antique sterling will make top tier gifts too, it'll be fun.

[PMG Baker No.23355970]

>>23355928
Copper is cheap to start stacking to test pour while stacking lithium is good for midway pouring of what issues you can have while pouring silver.

[Anonymous No.23355991]

>>23355928
>current copper price: $6.68/kg
You'd have to hold so much copper to preserve any significant value you'd need some kind of vault.

[Anonymous No.23356004]

>>23355928
if I had a warehouse for storing it, I would stack large amounts of copper, brass, bronze, and such

[Anonymous No.23356009]

>>23355928
If you're a tradesman and you're working with wire or copper pipe often, then it's cool to collect offcuts and extras for an annual trip to the scrap recycling yard. Otherwise not particularly worthwhile.

[Anonymous No.23356014]

post stacks or lewd pic of taftaj

[Anonymous No.23356034]

stacks it is

[Anonymous No.23356037]

>>23355668
How about:
The coof is real ++++++AND+++++++ it's being used to divide & conquer?

I don't get all the Trumptards that think the virus literally doesn't exist.

[Anonymous No.23356054]

>>23355970
>stacking lithium is good for midway pouring of what issues you can have while pouring silver.

Dude wut? Elemental lithium has an extremely low melting point and will burn/explode if you try melting and pouring it in presence of oxygen.

[Anonymous No.23356057]

>>23355965
>if you manage to score nice cheap goblets, plates and other patrician tableware in your hunting you'll be able to bust out badass table spreads like a boss
That's partially my goal, although plates are a little harder to find decent deals on (although my failing is that I'm primarily targeting sub-spot rather than spot or premium).

I'm going to start compiling weighted data soon but I don't expect it to be filling up unless I find good deals before I know the content.

Anyway once again thank you for the information and ideas. I didn't think this was possible but when my packages arrive and I get more confidence in what I buy I'll be sure to post the pile
That is an excellent stack btw. Quite nice.

[Anonymous No.23356062]

>>23356034
aw crap. didnt mean to post gif.

[Anonymous No.23356135]

>>23356037
Alright I don't want to make this into a shitty politics thread so I'm going to delete this comment

[Anonymous No.23356158]

Anyone else love junk silver

[Anonymous No.23356169]

>>23355894
Comfy American coins, doesn't get any better then that.

[Anonymous No.23356172]

>>23356158
Absolutely

[Anonymous No.23356175]

>>23356135
Yeah sorry my bad, had to make a little jab. Couldn't resist

[Anonymous No.23356178]

>>23355928
sure, just checked the change bowl. here's my copper stack

[Anonymous No.23356197]

>>23356158
Hey I hate to ask but could you post this guide in its entirety again? I can't find a /biz/ archive

[Anonymous No.23356221]

>>23356014
dangerously based, he's the queen of /biz/

[Anonymous No.23356268]

>>23356197

[Anonymous No.23356279]

>>23356178
>that shiny one in the middle
U avin a larf, m8?

[Anonymous No.23356292]

>>23356057
>That's partially my goal, although plates are a little harder to find decent deals on (although my failing is that I'm primarily targeting sub-spot rather than spot or premium).

Not a failing to stick to your price points fren, it is true that bigger scarcer items are harder to find priced right but they do show up, if you're planning on scrapping a while you're bound to come across suitable pieces.

I knew I wanted a pair of these amusing heavy 38g each "Only A Thimble Full" shot cups but they go for $60-80 each because of collector demand. Found one for $20 shipped BIN and another in a batch of scrap that was even cheaper. Got my nice desirable shot glasses for scrap price and could flip for great profit if I needed. Point of the story is to stick to your strategy, don't FOMO and overpay for something you want when you'll surely find it priced better later on.

Looking forward to seeing your pile, keep it growing!

[Anonymous No.23356293]

[Anonymous No.23356298]

>>23356293
we're going to disgustingly rich by the end of this bros
feels good man

[Anonymous No.23356307]

>>23355928
Pick up free copper from the trash, sell it for scrap.

[Anonymous No.23356315]

>>23356158
Junk silver is the patrician's silver to stack. Much better than fractional to boot.

[Anonymous No.23356326]

>>23356158
>>23356197

[Anonymous No.23356338]

>>23356221
true

[Anonymous No.23356351]

[Anonymous No.23356354]

>>23356293
>>23356298
I doubt it will happen but there are times in which I can only see myself breaking down and crying tears of victory if it did happen.

[Anonymous No.23356357]

Should I get 1 kilo of silver or some gold today?

[Anonymous No.23356365]

>>23356279
damn young lizzie is fine. '74 and '01

[Anonymous No.23356378]

[Anonymous No.23356385]

>>23356357
Which can you get for a lower premium?

[Anonymous No.23356413]

>>23356365
>young lizzie is fine

Built for the BBC.

[Anonymous No.23356418]

>>23356357
yes

[Anonymous No.23356422]

>>23356326
>>23356351
>>23356378
Thanks king

[Anonymous No.23356423]

>>23356365
Yeah, we need to get rid of that William cunt and find a nice princess to get on the throne. QT 2022 Brittanias here we come.

[Anonymous No.23356450]

>>23356365
It's a shame no countries have coins with Young Head Lizzie (or anything pre-Lizzie) in circulation any more. The removal of Silver and decimalisation have really separated a lot of countries from their history.

[Anonymous No.23356452]

>>23356423
it hurts to think I'll never see another woman on the throne in my lifetime. the fact I'll have to endure Charles next is just salt to the wound

[Anonymous No.23356475]

>>23356385
Probably gold

[Anonymous No.23356530]

>IMF kikes calling for a NWO and announcing the transformation of the bretton woods' deal
https://www.imf.org/external/mmedia/view.aspx?vid=6200738336001

Always the same globohomo novlangue, using lots of words to say nothing and spout always the same neocorpo buzzwords devoid of meanings like "more inclusive system", "climate sustainability", "challenging our world", "resilient future" and others zogshits.
But this is it, last week the UN and WEF, now the IMF... The illuminati NWO is taking shape under our very eyes by the day.
One (((nation))) to rule them all.

[Anonymous No.23356533]

>>23356357
1 Kilo I think is a bit to much in a future of silver barter unless you are intending to use it as a method to trade for gold

[PMG Baker No.23356605]

>>23356533
A kilo bar is, but a ton of silver 1oz to get to one kilo is fine.

[Anonymous No.23356662]

are monster boxes the most cost efficient way to stack?

[PMG Baker No.23356679]

>>23356530
The bible's revelation is coming true. Things will get a lot worse friend. Get prepped spiritually. Silver can carry you so far.
>>23356662
Yes, if you can afford the upfront cost.

[Anonymous No.23356684]

>>23355373
dont worry guys, its always darkest before the dawn.

All these tighter control methods are is a fist squeezing harder on water.

Just make sure you get to the other side of what is coming

[Anonymous No.23356702]

>>23355717
market opens in 20 min

Breddy comfy here

[Anonymous No.23356709]

>>23356475
That's what I would guess. Go for the gold. Are you planning on swing trading the ratio?

[Anonymous No.23356724]

>>23355373
How bad are the shills right now?

[PMG Baker No.23356746]

>>23356724
Not as bad as it was before. None here so far since we are comfy, and they have to go to smg for those red wojacks.

[Anonymous No.23356777]

tfw no Niue Athenian Owl

[Anonymous No.23356781]

How will the cbdc's affect other crypto? Earlier this year I liquidated my 1.1 btc completely into pm's and added a large position to the stack, I'm still unsure if it was a good decision but can't go back now.

[Anonymous No.23356793]

https://www.theage.com.au/national/the-day-the-international-tax-authorities-came-knocking-20201015-p565lz.html

I think Schiff got busted here.

[Anonymous No.23356801]

>>23356746
ok cool. if it gets bad ill link my board on zzzchan so if things get bad we can go there

[PMG Baker No.23356821]

>>23356781
All cryptos will be blocked. No more cryptos since sbdc will be the thing. We have at most 2023 before they go bust.

[Anonymous No.23356844]

>>23356777
Lucky 7s checked
more cdbc discussion: how long could a system of ubi + fed tokens + state control of all accounts feasibly last? It seems like that is where we are headed, complete with approved items to buy. Wouldn't making it illegal to buy pms with free govtokens raise a few alarms?

[Anonymous No.23356853]

>>23356781
>How will the cbdc's affect other crypto?
They probably won't, they may influence shit like USDT but I don't think that anyone will want to actively use a cbdc because they're slimy as shit

The "good" news is that an underground economy that uses commodities to push money around would probably start, though

[Anonymous No.23356864]

>>23356821
That was exactly my reasoning at the time, no way they are going to allow competing cryptos

[PMG Baker No.23356870]

>>23356844
3-20 years anon.They will make illegal items to buy with fedcoin in the future.

[Anonymous No.23356879]

>>23356357
1kg of silver

[Anonymous No.23356900]

>>23356533
>unless you are intending to use it as a method to trade for gold

Heck no, kilos of silver are based. 100oz bars are excessive but kilos are a perfect "store of wealth" size ingot and I also expect them to be useful when buying property or machinery.

[PMG Baker No.23356902]

>>23356357
Get 1 kilo of silver in 1oz rounds in 7 or less min anon.

[Anonymous No.23356990]

y is p.schiff so bullish on biden winning when everybody knows (including the biden campaign) that the polls are bullshit?

[Anonymous No.23356993]

>>23356844
I might be okay with this if ubi fedcoin is the "public option income" but if one chooses to work and make money on their own they have freedom to spend and invest as they wish.

[Anonymous No.23357038]

>>23356679
Yeah that's crazy how on point was the book of revelations.
But truly that's a very big deal, because renegociating the bretton woods will probably end up wanting to reset the debt by deleveraging it. Meaning they probably will issue X amount of an IMF-compatible CBDC (being a tracker of a basket of currencies) equal to the amount of public+private debt, then divide by the amount of gold each central bank can bring to the table, then reevalute the value of gold using this metric. That's what they are hinting toward at least.
So in very simplistic terms, if the EU have 100€ of total debt and 10oz of gold in reserve, 100 new IMFcoins will be issued, each worth 0.1oz. This way they make it a null sum game, virtually erasing debt by reevaluating gold.

Which is of course insanely bullish for gold considering there are much more debt than gold in central banks reserves.
This is also incredibly wicked in a kike way, since to get access to this freshly created IMF money, countries will have to hand over to them their gold reserves.

Poor, poor canada.... =(

[Anonymous No.23357065]

was talking to my grand dad about silver the other day and he said "yeah well someday youre going to sell yours" he seemed surprised when i said that i wont be selling it for a long time. Do boomers think that nothing will happen in the next 30 years?

[PMG Baker No.23357107]

>>23357038
Yeah...canada is on a spitroast, and all of south america. RIP IN PEPPERONIES Monroe doctrine. South america had 200-300 years to tech up to modern status, but they chose to stay like africa where they do not progress, but stay stagnate.

[Anonymous No.23357120]

>>23355373
I wish it was snowing already

[PMG Baker No.23357137]

>>23357120
Yeah....Winter will be very depressing for many while we stay comfy durring the chaos of 2020-2021.

[Anonymous No.23357154]

So if fedcoin/ubi becomes a thing in America, will my regular paycheck from farming be able to be converted to silver/gold or are we just utterly boned?

[Anonymous No.23357157]

>>23357120
bring on the comfy snow times

[Anonymous No.23357171]

>>23357065
They not only are blissfully ignorant, but the consoom software is so deeply rooted in their mind it sounds inconceivable to them you can think of a future beyond yourself, ie multigenerational wealth. Especially if you are young.
The nihilistic virus of atheism and "after me the deluge" mindset they were brainwashed with is exactly why we are in the situation we currently experience.
>just consoom son! why save if its not to enjoy it :))))

[Anonymous No.23357177]

How can I best prepare myself for PM prospecting in the US when winter lets up?

is pan man dead? Was he ever even real?

[fag No.23357195]

>>23357177
probably lurking, I saw him on a thread yesterday

[PMG Baker No.23357196]

>>23357177
He is not dead yet anon. He will flee to US oil land depending upon the US election.
You can prep buy buying more silver anon.

[Anonymous No.23357326]

>>23357171
hes only got 200 oz but hes still stacking and he buys like 5 oz a month now because price went so high. he said when he croaks if he still has only silver its going to me

[Anonymous No.23357330]

>>23357154
>will my regular paycheck from farming be able to be converted to silver/gold or are we just utterly boned?
As i see it, once reevaluated, gold/silver will only be reserved to the ultra-ultra wealthy, and become totally unaccessible to the middle class. If there are like 4 quadrillions USD of debts divided by... what? 150k tons of gold or something along those lines? that's $26,666,666.66 per kg, or $833,333 per oz.

With the current ratio that's $12,000/oz silver.
Not too bad i guess.

[Anonymous No.23357336]

>>23357107
Shit's not great for leafs either because they technically don't own shit according to the law
You'll see Canada have a dramatic shift within the next 30 years to either go full commie and limit private property or toss away common law memes

[Anonymous No.23357359]

miners should start paying dividends in silver

[Anonymous No.23357417]

>>23357330
my penor... why is it so big and swollen after i read your post anon?

[Anonymous No.23357420]

>>23357120
Snow stuck last night in anchorage. It's pretty early. I think this year is going to be a deep freeze.

[Anonymous No.23357422]

>>23357177
pan man doesnt come everyday faggot. he has to get the gold out of the ground so we can buy it and bury it in the ground again. he was just on yesterday so i doubt hes dead

[Anonymous No.23357579]

tfw comfy in bed, listening to Art Bell and refreshing pmg

[Anonymous No.23357675]

>>23357330
I think the issue with that is microelectronics would be prohibitively expensive, or at the very least a new design strategy would have to be put into place.
Although nuking consumer access to IT shit might be kind of based

[Anonymous No.23357677]

>>23356801
How’d you’re zzzchan board go? Is it all set up now?

[Anonymous No.23357712]

>>23357579
What’s funny about that image is Argentina is now whiter than England

[Anonymous No.23357738]

>>23357677
>How’d you’re
I’m a grammar Nazi so I’m surprised I let that happen

[Anonymous No.23357756]

Anyone ever buy the MM starter silver deal? 1oz ASE, 1 oz Maple, 1/2oz round, 5 1/10oz rounds

4oz total and currently costs $110.49. Is there a point to having smaller than 1oz coins?

[Anonymous No.23357773]

>>23357677
sturgeon hasnt replied yet to my request so idk

[Anonymous No.23357839]

>>23357712
Yes, there are indeed a lot of 'white' people in Argentina.

[Anonymous No.23357868]

strawpoll i made. please spread it when im not around
https://www.strawpoll.me/21122142/r

[Anonymous No.23357873]

>>23355373
Ahhhhhhhhh! it’s almost Christmas!

Starting my new wagey position soon as box picker upper. I live with my mom and don’t really need much so I pretty much get to spend like $2k on silver every month without consequence.

[Anonymous No.23358044]

>>23356530
Remember the Four Horseman of /pmg/ anon, when you see them it's a good time to buy more gold.

[Anonymous No.23358061]

>>23356793
Saw that, taxation is theft so go Schiff, screw the taxman

[Anonymous No.23358073]

>>23356844
It'll work for maybe two election cycles, until people realise that the things they're allowed to spend their FEDcoin on are extremely limited, and also the price of those things hyperinflate.

[Anonymous No.23358106]

>>23357177
aus prospector here, what do you wanna know? I'd encourage ya to just look up where the old gold rushes happened, get a pan and go pan a river there.

[Anonymous No.23358125]

I can't shake the feeling that spending $2000 on a single gold coin is retarded, but people often say silver isn't really a store of value and that only gold is a true store of value

[Anonymous No.23358153]

>>23358061
based

[Anonymous No.23358154]

>>23357420
How's Alaskan life mate
>>23358125
I get that feeling too, I only buy about a quarter at a time when i get some

[PMG Baker No.23358155]

>>23358125
Boi, do you not understand what a cbdc is? You buy now or buy never once FEDCOIN and EUROCOIN comes out.

[Anonymous No.23358165]

>>23358044
Could someone explain what negative interests rates are and what they mean? I’m not well versed in economics

[Anonymous No.23358187]

>>23358155
Well that's actually part of my problem. If it becomes illegal to buy gold, then I'm going to be left holding gold that I can't sell

Is there an argument against my self-generated fud?

[PAN MAN No.23358193]

>>23357177
sorry was off settling some debts with my old master Trapper Dave this afternoon.

To prospect all you need is a bucket, a shovel / pick, basic pan. A spoon and sniffer bottle will come in handy as well. This seasons done for me, time to just chill and finish assessment reports til the spring.

[Anonymous No.23358195]

>>23358165
negative interest rates = your money in your bank account depletes over time

[Anonymous No.23358206]

>>23358165
>Normal Interest Rate
>Put $100 in bank at 10% interest, total is $110 at end of year
>Negative Interest Rate
>Put $100 in bank at -10% interest, total is $90 at end of year
The idea is to incentivise people to spend money instead of saving it, because retarded Keynesians governments don't understand time preference and think that saving money is hoarding and therefore bad.

[PAN MAN No.23358232]

did I miss anything last thread? power went out and I cant get the previous thread to pop back up to double check.

[Anonymous No.23358235]

>>23358154
Pretty good if you're middle class or rich
Ass if you're native or poor

I'm picking up more metal tomorrow bros. Junk or 10 oz. bars?

[Anonymous No.23358244]

>>23358206
dumb idea and i don't think will happen. negative rates means the monetary base contracts which means each dollar left is worth more. that makes it harder to pay debts.

[PMG Baker No.23358248]

>>23358165
If you have 100 dollars today, and there is a 10% negative inflation rate per day. Your 100 dollars tomorrow will be 90 then 81 then 73 then 66 dollars if you spent nothing during that time period.
>>23358187
Imagine there being a quota for having meat, or you only able to drink onions for your meal. Do you want to enjoy that life?

[PMG Baker No.23358266]

>>23358232
No, not really panman. It was quite a good discussion though. Check the last one if you want to check it out. It was mostly about fednow stuff, and how cucked you are in canada where there is no gold.

[Anonymous No.23358268]

>>23358248
of course not but you didn't really counter the fud I posted. Unless the implication is I'd be able to use gold to buy meat outside of my meat quota lol

is the idea that gold will be black market money?

[Anonymous No.23358288]

>>23358266
>he specifically says he can't access it
>check the last one

[PMG Baker No.23358325]

>>23358268
Yes. It will be the main black market good along with silver. However, if there is any interim time before fed now rolls out. You can buy property or any real goods that will be undervalued that you can trade with gold.
>>23358288
My bad. >>23344180

[PAN MAN No.23358327]

>>23358288
yea its odd i am getting 404 errors. No big deal though if I missed something somebody will ask again if its important.

[Anonymous No.23358354]

>>23358244
It's already happening in other countries, and I think the idea is that will 'increase the velocity' of money being spent, which any actually logical economist knows is complete bullshit, it's a variable added to the money/prices calculation that allows it to always balance rather than showing that prices actually go up (and inflation exists)

[Anonymous No.23358359]

>>23357422
checked
>bury it in the ground again

[Anonymous No.23358393]

>>23358165
Normally your bank account gives you interest for your money deposited in a bank account. The interest rates used to be larger before but are so negligible today that they might as well not exist at all. Interest rates are (or were) banks' way of competing for customers.
With negative interest rates, part of your deposited money will actually be straight-up pocketed by the bank
>>23358232
I had a question I think you might know the answer to. I'll copypaste it.

>Hey pan man quick question about mineral resource estimates. When the estimates have Measured, Indicated & Inferred resources, are the total amount of tonnes/ounces cumulative (M->Ind->Inf)? Meaning, when Measured estimate says for example 1Mt ore in the ground and 50koz Au, are the Indicated and Inferred estimates (which are obviously going to be larger estimates) totally separate or do they take the Measured estimate into account? If so, the Inferred estimate is the utmost hopeful estimate of the total amount of mineral resources in the ground. Or, if I look at a project's resource estimates with the most rose-tinted glasses possible, do I instead just add up M+I+I estimates to a total sum? Sorry if the question is badly formed, English isn't my first language

By the way have you heard of Gowest Gold? Their North Timmins Gold property (Located at Porcupine Lake Mining Camp, Ontario) seems amazing and they're aggressively trying to get their first gold deposit into production by early 2021. They've only done a PFS but they keep finding new potential high grade gold zones near their main project. The only thing holding me back is their massive leverage, their current ratio is as low as 8.6%, working capital C$-13.15M. They've done a lot of work on their near-future mine and they've stockpiled over 28kt of mined resource from the gold deposit ready for milling & processing but if they can't get the mine up and running smoothly they might start diluting shares or taking debt with bad terms.

[Anonymous No.23358396]

>>23356530
Should add, saw an interesting schizo take on this the other day, Canada was very involved: https://cairnsnews.org/2020/10/16/canadian-politician-leaks-new-covid-lockdown-plan-and-great-reset-dictatorship-australia-is-part-of-it/

[Anonymous No.23358477]

>>23358396
I'm just gonna hope and pray that's made up

[PAN MAN No.23358503]

>>23358393
I ll look at Gowest Gold in a bit, I think I ve heard the name before but not sure. I have 3 grams of gold I need to bring to an old guy I owe.

Also to answer your question the measured number is usually the more accurate number, inferred is basically a guestimation of how much possible extra mineral resource is in the surrounding rock. Each is calculated out separately I think, its been a while since I really thought about how this is figured out though. The math is a bit complicated too.

[Anonymous No.23358508]

>>23358206
>>23358195
That does not sound good

[Anonymous No.23358527]

I’ve just started my stack at 30 oz of silver rounds. 20 Asahi ounces and 10 Molon Labe Spartan ounces. I’m a big fan of the decorative rounds. Any suggestions?

[PMG Baker No.23358539]

>>23358527
US mint will make some commemorative ww2 75th anniversary rounds. Pick some up in a few weeks.

[Anonymous No.23358540]

>>23358477
well there's a pretty clear timeframe for it so who knows

[Anonymous No.23358564]

>>23358527
only buy melt value. anything else is essentially a scam.

[Anonymous No.23358572]

>>23358244
This happened a while ago here in Northern Europe.
https://www.nordea.com/en/press-and-news/news-and-press-releases/press-releases/2019/11-21-12h00-nordea-lowers-interest-rate-to--0.75-pct--for-personal-customer-deposits-over-dkk-750000.html
https://www.nordea.dk/Images/144-378662/Negative-interest-rate-22092020.pdf
tl;dr:
>11/2019: Nordea starts charging negative interest rates from Danish customers who have over DKK 750,000 in their account
>9/2020: Nordea starts charging negative interest rates from Danish customers who have over DKK250,000 in their account, 1/2021 forward
>negative interest rate is currently -0.6%

Danes are getting cucked already, at least the ones who are rich and use Nordea (Nordea is known as a rich people's bank, it has services suited to richer people I guess).
Can't wait for the trend to catch on here in Finland, too! As if we aren't getting cucked by taxes enough!

[Anonymous No.23358595]

>>23358540
If I start hearing about "COVID-21" I'm gonna freak out

[Anonymous No.23358597]

>>23358503
Thanks Pan Man. Yeah I'm aware of the accuracy of the different estimates, I was just wondering whether the estimate amounts are cumulative or not

[Anonymous No.23358600]

>>23358235
junk!

[Anonymous No.23358644]

>>23358235
10oz stack nicer than constitutional

[Anonymous No.23358660]

>>23358508
It is essentially already happening. The purchasing power of the dollar is declining faster than the purchasing power you gain from interest.

[Anonymous No.23358675]

>>23358572
Oh, I also missed this one
>From 1 January 2021 pension savings will also be subject to negative interest rates. You may have a
maximum total balance of DKK 100,000 per pension account without being charged a negative
interest rate.

Fucking disgusting. I really hope this doesn't become the norm

[Anonymous No.23358736]

>>23358675
Absolutely disgusting, but it doesn't surprise me that the Danes do nothing about it (got some Danes in my extended family), they worship their government. You wanna know why Danes are supposedly the happiest people on earth? Because their government tells them they are, and if the government say it then it must be true!

[Anonymous No.23358782]

>>23358572
>>23358675
Seeing how the rest of the west points to them as a place to emulate, I wouldnt be surprise if this spreads. I used to live in Danmark and although the country is lovely, the taxes and the amount of government in your life is a little annoying, I know the government there isnt as corrupt as back here in the States, but I think itll get spoiled at this rate. I honestly think the hands of the international banker is almost inescapable in the modern world.

[Anonymous No.23358821]

>>23355373
Your daily reminder not to trust Hitlerites and Greenbackers.

https://www.garynorth.com/public/department141.cfm

Whether you have a central bank print paper money, or have the government do it directly, MMT and communism are just as evil.

For weeks now, every thread has had infiltrators from /pol/ virtue-signalling about Jews in every post, triple-bracketing every other word, promoting communist, neo-Nazi, Greenbacker rubbish like A History of Central Banking and the Enslavement of Mankind. Expect those whom you attack to fight you back.

[Anonymous No.23358826]

>>2335882
fuck off you dont deserve a (You)

[Anonymous No.23358866]

>>23358539
Based. I want to get a few from each Allied and Axis country. I bet I could flip some of the Germany coins to some rich /pol/ack.
>>23358564
That makes sense but if I buy small volume for slightly over melt value I could potentially flip it to the right buyer. Also they look cool! :)

[Anonymous No.23358872]

>>23358821
based, paleolibertarian master race
nazis are no better than communists all authoritarianism is cancer

[Anonymous No.23358968]

those of you guys who buy old coins how do you guys find which ones to buy?

[Anonymous No.23358983]

>>23358821

/pmg/ is an Austrian thread.

[Anonymous No.23359013]

>>23358736
It's the same everywhere he in the Nordic countries. It's damn near a socialist's daydream. Here in Finland there's not a single party that wants to help the middle class. The parties on the right are all about sucking up to the politicians' friends' businesses as well as lobbying. The parties on the left are all about handing out more economic support for the people who are already a burden to the other taxpayers. We get "free" education and even "free" financial support. Everything is paid by taxpayers. I try to work overtime but my tax rate increases along with my income so I'll probably have to pay a nice >50% tax rate at the end of the year since I haven't updated my income limit yet. Us Finns are also very, VERY HAPPY. I'M SO FUCKING HAPPY ABOUT BEING STUCK AS A POORFAG ALONG WITH EVERYBODY ELSE
>>23358782
Yeah look forward to the taxes anon. Everything is taxed, they are even playing with the idea of taxing drivers for having their car parked at their workplace's parking lot. It's unsustainable, and even if they manage to keep this "welfare" state going for another hundred years it's going to keep people poor at the very least. It's so fucking hard to attain wealth in this country.

It is very safe to live here though. Even if I lost everything the government could help me back on my feet. Or the taxpayers I mean. This fact of course encourages some to start leeching off of the system. Some people get paid less while working a low-wage job than just staying jobless and on state welfare support.

[PAN MAN No.23359055]

>>23358597
The inferred resource is usually tacked on to the measured yes, but there is some math involved that makes it more accurate. I am not 100% up to date with the current way its calculated.

[Anonymous No.23359059]

>>23358821
>>23358872
libertarianism is a uniquely American system of Government you fucking fools. The German people supported Hitler's policies against the private sector and yes, even smoking. you know why? Because they weregermans, and that's what they wanted. Libertarianism is about open ranges and open ended laws only achievable on a continent-state like America, possibly Australia but we all know the irreparable damage to Earth giving those mongs too much freedom.

Just stop pushing your American ideals, even commendable ones such as libertarianism, onto other cultures. We don't believe in that type of thing here, because its not really (and SERIOUSLY wasn't back then) desired by our people.

[Anonymous No.23359081]

>>23359055
Alright, thanks anyways. It's not that important anyway, was just a thought that came across my head.

[Anonymous No.23359089]

>>23358866
>potentially
nah dawg

[Anonymous No.23359162]

>>23357839
>soccer fans
kek

[Anonymous No.23359197]

>>23358821
I don't care about the Nazis but I do care about economics, and Austrian economics is the only form of economics that is actually logical. Central Banks are to blame for the mess we're in now.
>>23359059
>stop pushing individual rights and freedom onto others
classical liberal thought is centuries old and by no means a purely American thing. Also as an Australian we're cucked as hell, you only need to look at Victoria now to see it
>2 daily case average of rona
>entire state locked down
>people begging for more

[Anonymous No.23359198]

>>23359059

>libertarianism is a uniquely American system of Government

No, it's simply a republication of the thought of classic English intellectuals. Libertarianism = classical liberalism. The British Empire was essentially "libertarian." It didn't fit that ideal in every respect, but you had a gold standard, free trade, free speech, the right to bear arms, and almost no socialism.

>The German people supported Hitler's policies against the private sector

And then they were promptly made slaves, and led into a war which got 10 million Europeans killed. Germany was utterly destroyed by Hitler. Then it miraculously recovered after it adopted free-market policies following the war.

[Anonymous No.23359244]

>>23358782
Let me describe Denmark in one word for you. Maersk. Maersk pays for everything, and Maersk gets whatever it wants. If the CEO of Maersk was a rotten bastard, the Danish economy would be the most corrupt in the world, because Maersk is the only thing keeping it afloat, pun intended.

[Anonymous No.23359247]

[Anonymous No.23359252]

>>23358821
I’m convinced this is just a very effective (You) farmer

[Anonymous No.23359269]

Central Bank printing isn't inflationary if they give it to banks who just sit on it. (pic relevant).

Because of this, we'll probably see DEFLATION.

To counteract this, we will probably see a monetary agreement DEVALUING THE DOLLAR.

So bugs, your gains won't come from inflation in the way you think, but from an intentional dollar devaluation.

[Anonymous No.23359313]

frosty fives

[Anonymous No.23359338]

[Anonymous No.23359350]

>>23359198
One wonders why the Allies declared war on Germany and not the Soviet Union, really makes you think

[Anonymous No.23359353]

>>23359252
Considering you were the anon wanting to understand economics and why things like negative interest rates are bad, I'd encourage you to look into the Austrian school of economics. Start with What Has Government Done To Our Money? and you'll understand why so many people on pmg who love PMs are Austrians and libertarians

https://cdn.mises.org/What%20Has%20Government%20Done%20to%20Our%20Money_3.pdf

[Anonymous No.23359358]

[Anonymous No.23359359]

>>23359252
You have no idea.

[Anonymous No.23359363]

>>23359269
The market cannot handle deflation, it cannot handle normal interest rates either. A deflationary situation started happening back in March when the 'rona acted as a catalyst for the house of cards to start coming down but due to rampant brrrrr'ing (which is inherently inflationary) the market "recovered". There will be no deflation, because deflation causes immediate suffering for everybody, and dealing with deflation in an honest way is difficult and nobody likes doing difficult things like cutting spending or lowering standards of living for a while. Instead we just print away the problem and opt out for a much slower paced suffering which favors those who have capital and ruins those who do not.

[Anonymous No.23359373]

>>23355373
>>23359350
>>23359353
>>23359358
>>23359359
https://twitter.com/YEETCrypto/status/1317319329755660288
$YEET is so fucking bullish I can't feel my fucking body I'm shaking just dropping this to let everyone know

telegram: yeetscapegame
airdrop upon relase!

[Anonymous No.23359382]

>>23359373
you chose the wrong thread nigger

[Anonymous No.23359401]

>>23359373
kys shitcoin scammer

[Anonymous No.23359413]

>>23359401
based batter, get purified pajeet shill

[Anonymous No.23359437]

>>23359363
the pic related in the original post shows how the brring goes straight to the banks and they sit on that cash. The brrr money doesn't get any farther than the banks who keep it at the fed. brring just gives the banks cash that they keep at the fed.

[Anonymous No.23359484]

How many of you go to you brick-and-mortar LCS or order online? Which option do you prefer?

[Anonymous No.23359502]

>>23359437
That is true until you realise the Fed is buying corporate bonds directly and bypassing commercial banks, and also that the Fed is printing billions of dollars of stimulus that goes to paying for government programs. You've got to think bigger mate. Deflation would be the case if commercial banks were the only ones capable of lending or giving out money. The Fed is doing it themselves now

[Anonymous No.23359531]

>>23359437
Help me understand that image. Are you referring to the red line? The banks aren't handing out loans for citizens much since 2008? For the record, that line is also going up. But more importantly, you do realize that these banks make investments, right? Aren't they free to use the money they get from selling T-bills to the Fed as they wish? So when the stock market tanks and the interest rates start creeping up it's in the private banks' best interest to inject that money into the stock market, and into the economy. They don't want their clients to default on their debts

[Anonymous No.23359548]

>>23359484
I order most of my stuff online cause it's cheaper and physical stores tend to have higher premiums. It's nice going to a physical store for a chat and a browse from time to time though

[Anonymous No.23359551]

Stak

[Anonymous No.23359574]

time for comfy winter days with frens

[Anonymous No.23359585]

>>23359247
>>23359338
>>23359484
based fellow yukari lover

[Anonymous No.23359613]

>>23359353
I’ll have to check out that book when I have the time. Do you have a good video half an hour or less that’s a good primer on basic economics?

[Anonymous No.23359696]

>>23356990
He's become more jaded over the years, and as a Boomer does trust TV and polls more then we do.... And honnestly the narrative of Biden winning spooks Conservative types more into buying Gold more, even though Trump is also going to spend huge amounts of money which is also Bullish.

He simply has no experience, no incentive, and really no moral hazard (he's not in charge of polls) to push against a narrative which isn't his area of expertise and is good for his business.

[Anonymous No.23359709]

>>23357107
South America has spent the last 100+ years being kept under the boot-heel of the US Empire so it's not like they CHOSE to be fucked anally.

[Anonymous No.23359716]

>>23359502
Here's their balance sheet as of August. I just see US Treasuries and Agencies as increasing. No Bonds. Do you have a more recent one you're looking at?

>>23359531
Red line is how many loans they've made to companies / people.
>But more importantly, you do realize that these banks make investments, right? Aren't they free to use the money they get from selling T-bills to the Fed as they wish?
As I understand it, the cash the fed brrs to them stays at the fed as federal reserve deposits and can't be taken out, but can only be used as collateral for making new loans.

[Anonymous No.23359735]

>>23359716
>>23359502

[Anonymous No.23359848]

>>23355373
Is this Hiro’s way of calling me a faggot?

[Anonymous No.23359854]

>>23359735
>no bonds
it's been news for months now

https://www.investopedia.com/fed-kicks-off-unprecedented-corporate-bond-buying-program-4844639
https://fortune.com/2020/06/29/fed-buying-corporate-bonds-apple-walmart-exxonmobil/
https://www.nasdaq.com/articles/feds-support-boosts-inflows-in-bond-etfs%3A-5-top-picks-2020-10-18
https://www.investopedia.com/the-fed-s-corporate-bond-portfolio-5069989
https://www.cnbc.com/2020/06/29/the-fed-is-buying-some-of-the-biggest-companies-bonds-raising-questions-over-why.html

[Anonymous No.23359855]

>>23359502
>>23359531
No Bonds on the Fed Balance Sheet.

https://research.stlouisfed.org/dashboard/43788

[Anonymous No.23359932]

>>23359848
>not using adblock
weak

[Anonymous No.23360052]

>>23359437
The government and banks are currently holding a gun to each other's heads. There's ways some of those assets on the balance sheet is leaking(BlackRock) but yeah, most banks are not lending because they can see how bad of a deal it is.... That's why more and more criminal investigations against the banks have been popping up. Why you now see mention of FedCoin in Congress bills or Federal Reserve documents.

I can't say if that stuff will actually happen soon, but there is hostility brewing between the Bankers for deflation, and the Government for inflation.

Let's put away fairy tales where either party isn't willing to do what it takes to "win".

[Anonymous No.23360069]

>>23359613
That's a tough one. This is probably a good place to start: https://www.youtube.com/watch?v=gzH8KVAEkBU

I'd certainly recommend this series, which is several sub 30 minute videos: https://www.youtube.com/watch?v=hzSiCLAaiag&list=PLsM7mlhDvTLZnQtFCYjCCIzB3ZxUgAAGC

[Anonymous No.23360081]

>>23359855
From what I've read, they're doing it through a subsidiary, mainly BlackRock

[Anonymous No.23360089]

>>23359716
>As I understand it, the cash the fed brrs to them stays at the fed as federal reserve deposits and can't be taken out, but can only be used as collateral for making new loans.
The line still does go up in the image you posted, just slowly. Actually, these are bank reserves right? The excess reserves get lended out when the bank doesn't need to keep them around (in panic/uncertainty free times). So the printed money does enter the economy eventually no matter what. And if the panics kicks into high gear people can withdraw their money from the bank without issue (thanks to the bank reserves), that's also when the inflation is realized.

The corona cash is definitely inflationary though, as it's handed out by the government which gets its money from taxes and hot from the presses.

[Anonymous No.23360102]

>>23359313
>>23359338
Those ATBs were a really nice series

[Anonymous No.23360116]

>>23360089
On the brrr that everybody focuses on -
"These [central bank] liabilities [i.e. BRRR Cash given to banks], however, do not meet the
definition of money which must be a medium
of exchange, store of value and unit of account.
These Fed liabilities are an asset of the depository
institutions with an overnight maturity that
remains on the books of the Fed. These liabilities
can be used to trade with other banks, the Fed and
the Treasury, but they cannot be used to directly
purchase goods and services."

https://hoisingtonmgt.com/pdf/HIM2020Q3NP.pdf

[Anonymous No.23360137]

>>23360069
Thank anon, I’ll watch those tomorrow

[Anonymous No.23360186]

>>23360089
>>23360116
In terms of carona cash - yes agreed that is inflationary. That's Fiscal spending and definately inflationary.

[Anonymous No.23360207]

>been playing video games when im suppose to be learning about buying mining stocks
>market is due to crash in 12 hours

im so fucked bros

[Anonymous No.23360228]

>>23360137
no worries mate, make sure you let me know what you think. Just ask for the Aussie Austrian faggot
>>23360089
This is why negative rates won't work without a cash ban or shift to digital currency, because people will just panic and pull their money out of the bank.
>>23360207
order some gold or silver now

[PMG Baker No.23360288]

>>23358232
https://www.thedailyworld.com/nation-world/trudeau-plans-to-keep-canada-borders-closed-until-covid-19-cases-drop/
RIP PANMAN

[Anonymous No.23360307]

>>23360288
>trudeau-plans-to-keep-canada-borders-closed-until-covid-19-cases-drop

it's a bit fucking late for that lol.

[Mr. Sifter's Sister Fister(...) No.23360318]

>>23360288
np i'll pick up where he left off

[PMG Baker No.23360323]

>>23360307
No, the reason why I say rip is because of the minecraft camps in canada rn.

[Anonymous No.23360349]

Just grabbed this, a fun one because the wife likes the Damask Rose design so I've been collecting it when possible. Not sure if all 8 pieces are coming or if they're keeping a spoon so it will be either 8 or 7 ounces of sterling for $84.25 total. lots of people had looked already when I saw it but it lacked a weight so you have to be quick estimating 30g spoons 20g knives 45g forks (~210g or 240g with all spoons). Clearly a deal so into the hoard it goes.

[PAN MAN No.23360355]

>>23360288
HA there's a reason I chose Stewart / Hyder. Special border privileges are in place there. Locals can go to and from Hyder and Stewart without quarantine so long as they havent left the area in the last 6 months.

[Mr. Sifter's Sister Fister(...) No.23360368]

>>23360349
>arrives
>aluminum

[PMG Baker No.23360384]

>>23360355
Stay safe panman. Looking out for you leafbros because of you.

[Anonymous No.23360410]

I recently got my hands on two large spoons. One is from Sheraton and the other is from Cardy Hotels. I read that that are silver plated. Are they complete junk without silver or does it have any value?

[PAN MAN No.23360425]

>>23360384
I think were going to be ok where I am for a while, were too rural to really bother with. However I am not the only one planning for the worst here either.

[Anonymous No.23360459]

>>23360410
I think some people collect old hotel stuff but you'd have to check eBay, silverplate usually isn't worth much though.

[Anonymous No.23360485]

>>23359613

Make sure to read Henry Hazlitt's Economics in one lesson, and Ron Paul's End the Fed.

[Anonymous No.23360529]

gib momentum

[Anonymous No.23360553]

>>23356530
Why does it seem like every corporation or powerful group these days is run by some buzzcut dyke who looks like she should be cleaning toilets for a living? Her speech is so fucking tiresome, anytime someone these days is prattling on about some imagined "inequality" or "climate crisis", you know they're about to implement some fucking nightmare dystopian level of social control or censorship

[Anonymous No.23360635]

>>23360355
You should come to Alberta and help fight in the civil war brother.

[Anonymous No.23360640]

>>23360116
I've done some real deep dives in this so I'll source as I go.
>Reserve balances at Federal Reserve accounts are convertible at par with cash.
Its quite literally the definition of a RESERVE. Banks keep reserves in order to meet demand for liabilities (deposits) so as to stay solvent. If everyone makes a bank run and withdraws paper cash, the bank's reserve balance at the Fed goes down. Cash and reserve balances are both Fed liabilities. Banks can and do convert a portion of reserve balances into bank-investable securities. Basically all types of debt securities:

>Investments permissible for commercial banks to invest in Types 1-5, all debt-based
https://www.govinfo.gov/content/pkg/CFR-2014-title12-vol1/pdf/CFR-2014-title12-vol1-part1.pdf

>OCC at one point permitted commercial banks to underwrite equities (stonks)
https://www.law.upenn.edu/journals/jil/articles/volume2/issue3/SametzKeenanBlochGoldberg2J.Comp.Corp.L.&Sec.Reg.155%281979%29.pdf

>National commercial banks can invest in cash-settled DERIVATIVES!! for their own accounts
https://www.occ.treas.gov/publications-and-resources/publications/banker-education/files/pub-activities-permissible-for-nat-banks-fed-saving.pdf

>Full list of nonbanking investment activities for commercial banks: includes GOLD and equities under certain conditions.
https://www.law.cornell.edu/cfr/text/12/225.28

>Cash goes out, reserves go down, and a good explanation of reserve balance functions.
https://www.hks.harvard.edu/sites/default/files/centers/mrcbg/programs/senior.fellows/2019-20%20fellows/BanksCannotLendOutReservesAug2013_%20(002).pdf

>Cash and reserve balances are the same thing.
https://www.federalreserve.gov/aboutthefed/section19.htm

the final red pill in part 2

[Anonymous No.23360642]

How are there people that buy bullion on ebay? The prices I find are always on par or HIGHER than bullion dealers. I do not know why you would try your luck with a random yutz on ebay unless it were cheaper.

[Anonymous No.23360647]

>>23360553
pretty damn spot on

[Anonymous No.23360650]

>>23360553

the world keeps running even when most people are not really working. the power is still on in most homes in the usa, there's still food in the grocery store and clean water. no matter how badly organized or inefficiently run, things seem to move along.

what can you really invest in now? what is actually valuable?

in my opinion, silver and other rare/useful non-renewables. what else could predictably appreciate in this environment?

[Anonymous No.23360652]

>>23357330
Motivation to break into 100oz silver territory!

[PAN MAN No.23360657]

>>23360635
I have to make sure my archive is safe first. If anything actually sparks off I will be there. May have to deal with BC imploding first though.

[Anonymous No.23360704]

>>23359574
Do you want me to post pics of my winter adventures? I go out fairly often in the cold.

[Anonymous No.23360718]

>>23360642
>How are there people that buy bullion on ebay?
I agree that people who buy bullion on eBay are pretty stupid, but there’s stuff like foreign and historic silver coins that bullion dealers don’t sell and you can only find on eBay

[Anonymous No.23360719]

>>23360349
Sweet, seller just confirmed that all 8 are shipping. $164 worth of silver for $84.

Remind me again why people spend $30/Ozt?

[Anonymous No.23360730]

>>23360657
Godspeed and stay safe. I expect possible bank runs and chaos from forced vaccines soon enough.

[Anonymous No.23360750]

>>23359269
>He thinks the international economy will survive even the slightest prolonged deflation

Unless there's a constant injection of new money, and continues debt based consumption, the whole Ponzi scheme comes crashing down.

[Anonymous No.23360799]

>>23360640
The TLDR of this should be that commercial banks can and do invest their funds (reserve balances AND earned capital) in all classes of assets. The rules get even fuzzier when including permissible investments of subsidiaries of com banks... So the money DOES get into the real econoy.

Why don't banks go all in on TSLA calls? They have to manage risk. To stay solvent and to be able to complete the actual fucking banking functions, such as inter-bank settlement, they need reserve balances at the fed. Those balances also earn 0.1% iinterest....

Total cost of the US taxpayer for interest on reserves
>2016 = $15 billion
>2017 = $30 billion
>2018 = $35 billion
>2019 = $39 billion

A mod on a certain website banned me for misinformation
>But he Fed remits $50 billion back to the treasury, from the income they earn on interest of their US Bond holdings

OK great, but WHO pays the interest on the bonds???

[Anonymous No.23360814]

>>23360640
ok so talking specifically in terms of QE.

JPM hands over a Treasury Bond to the Fed.
The Fed credits their liability to JPM's reserve account by the agreed price.

What can JPM then do with that reserve? it appears you're stating they can purchase what you have outlined below.

However those are for "normal" reserves, i.e. not created through the QE process.

Do you know if QE process reserves are treated any differently than "normal" reserves?

[Anonymous No.23360882]

>>23356801
Just stop talking about it for a while , if it gets bad again people will know where to check

[Anonymous No.23360989]

>>23360719
I mean to be fair, you do put a decent amount of work in taking them apart.

You also have the knowledge about smelters, ive made decent $ just buying nuggets and then getting those to a refiner.

[Anonymous No.23361001]

Silver is whipsawing

[Anonymous No.23361020]

>>23360635
Holy shit AB gang rise up

[Anonymous No.23361037]

>>23360814
This is a good one on the Treasury auction process
https://www.newyorkfed.org/medialibrary/media/research/current_issues/ci11-2.pdf

Some takeaways
>primary dealers don't have accounts with the Fed
>Fed has to credit a bank with an account at the Fed
>Bank acts as a custodian of the Bond as the fed buys it

So with JPM, it depends if it is the investment bank (different regs), the commercial bank, or the primary dealer jew working under the JPM umbrella. Here is a scenario
>Fed wants Bond
>JPM dealer buys existing bond from pension fund (secondary market)
>JPM commercial bank takes custody of bond and credits pension fund deposit balance
>Fed takes Bond and credits reserve account of JPM commercial bank
>JPM commercial bank balance sheet has +1 on asset and liability side.
Now JPM commercial outfit can do what they want with the reserve balance within regulation and risk management. Given high risks of default they might keep it. Other options include investing it back into new treasuries or MBS. It is their account and is their money. They can trade a reserve balance with Bank of America to get a stack of bonds for example, just an inter-bank transaction.

The reason they will all keep the high reserve balances is because of the high risks of default today AND the interest paid to them by US taxpayers.

[Anonymous No.23361073]

Why are there so many fucking namefags here now? Unless you're panman, the only person with a modicum of credibility such that you'd care to know it is him thread to thread is silver miner anon and he doesn't even use one. We have thread ids here..

[Anonymous No.23361078]

>>23357675

they'll likely build devices to last longer, and thrift silver. e-waste is a problem and technology isn't being obsoleted at the same rate that it was. devices will cost a lot of money but you won't have to buy them as often.

[Anonymous No.23361135]

>>23361073
This gave me wood

[Anonymous No.23361147]

>>23361073
if namefags make you mad, then they've made it easier for you to filter them

[Anonymous No.23361148]

>>23355438
You've done well.
Please ensure you're catholic.
Thanks.

[Anonymous No.23361182]

>>23361037
>Now JPM commercial outfit can do what they want with the reserve balance within regulation and risk management. Given high risks of default they might keep it. Other options include investing it back into new treasuries or MBS. It is their account and is their money. They can trade a reserve balance with Bank of America to get a stack of bonds for example, just an inter-bank transaction.

Gotcha. So they can use those reserves at the fed to purchase financial assets from other banks as long as it is within regulation. Another use is if a bank gives someone banknotes in say an ATM, then their reserve balance at the fed decreases by that amount.

[Anonymous No.23361191]

>>23357868
We're not censoring PMG to protect (((banking corruption)))

And we're not (((demoralised))) either.

We know who is doing this.

[Anonymous No.23361290]

>>23361147
>t. Bill
>sent from my iPad using Tapatalk

[Anonymous No.23361300]

>>23360882
Stop giving this nonsense credence. We know who's doing this and we know why. They don't like anything which is wise the their (((financial scams)))

[Anonymous No.23361340]

>>23361001
Good.

[Anonymous No.23361343]

>>23361037
BTW thanks for the links. downloading them and will be reading them. Are you in finance?

[Anonymous No.23361347]

>>23358206
That's why they are trying desperately to ban cash, withdrawing cash allows people to escape nominally negative interest rates

[Anonymous No.23361399]

>>23355373
Test

[Anonymous No.23361405]

>>23361399
congratulations, you're not banned [yet]

[Anonymous No.23361434]

>>23360814
Could you give me a qrd on Yuri Bezmenov? I know he was an ex-KGB agent that went mainstream but I don’t really know why

[Anonymous No.23361489]

>>23361434
>be kgb agent
>sent to india
>falls in love with poos
>no longer friends with mother russia
>goes to canada
>spills beans on kgb subersion tactics

he's got some youtube vids. he's mainly popular rn bc the subversion tactics are eerily similar to what usa is experiencing

[Anonymous No.23361524]

>>23361489
I noticed there’s a 4 hour compilation of all his interviews, do you recommend watching that first or is there a shorter video that’d be a better introduction to him?

[Anonymous No.23361544]

>>23361524
This is the most well known
https://www.youtube.com/watch?v=IQPsKvG6WMI

[Anonymous No.23361586]

about a week ago we were discussing the potential sources of the shilling and disinfo (mostly debating russ vs jdif vs alt-right/pol/)
one anon tossed in china as a potential actor.
that had my head scratching because I didn't really think they had any vested interest in precious metals or sowing discord specifically on /pmg/

but then I'm looking at this thread and it was comfy right until about >>23358821 (maybe him, maybe a little before, maybe a little after, not important)

now you look at the clock on that post. it's almost 8PM new york time. which would mean 3AM in moscow and jerusalem. but it's 8AM in beijing!

they may have had something there. again, pure speculation, but it's worth looking into

[Anonymous No.23361629]

>>23361586
thank god for archives
>>/biz/thread/S23355373#p23358821
yeah it's that annoying poster again. I'm just pointing out that's around the moment when the thread got off rails

[Anonymous No.23361680]

>>23361629
So what do you want out of these threads anon?

[Anonymous No.23361717]

>>23358675
Savings accounts need to be switched over to custom ~10 year whole life plans with a paid up addition rider if those exist in europe the way they exist in the USA. You'll still get raped on inflation, but at least it won't nominally get raided.

[Anonymous No.23361754]

>>23361680
you have a point. I would like to get back to metal posting and discussing
I do get kind of wrapped up in wanting to unmask these people, whoever they may be. I' hoping maybe they would stop if exposed, but probably not. but it'd give me a lot of satisfaction to know who they are
if you came home someday and someone just tossed all your furniture and belongings like a bunch of burglars you'd want them caught wouldn't you? /pmg/ was fun before them

>>23361586
original discussion on the topic >>23169388 and the next 4 posts

[Anonymous No.23361791]

>>23361343
No I'm not in finance but I just went down as many rabbit holes as I could. I started with the National Banking Act which gave me autism. I recommend this one to start with:
>https://www.law.upenn.edu/journals/jil/articles/volume2/issue3/SametzKeenanBlochGoldberg2J.Comp.Corp.L.&Sec.Reg.155%281979%29.pdf

They go through the history of banking regulations, the split between investment and commercial banking, and how the banks cheat to get through it all, including making huge purchases of PMs and paper PMs.

Another good one is this:
https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr380.pdf

Basically Fed determines that reserve balances have no bearing on bank lending BUT serve other purposes, according to them (in 2009). They also confirm QE is NOT inflationary, and that instead of QT they will just increase interest on reserve balances to slow down inflation. So... no asset crash or sovereign debt insolvency death spiral from QT anymore, theoretically.

[Anonymous No.23361802]

>>23361717
at this point there is zero reason to have money in the bank. Better off gambling with it.

Smart money is in certain stonks and PM's.

Even if PM's were banned or outlawed, such a thing would not last, and if you got to the other side with them you would make out very well.

[Anonymous No.23361848]

>>23361802
As long as there's a plan to get your basic needs satisfied until we hit the new system, you're good. If you need to pile up money nominally, assuming negative interest will come to depositers without recourse the only defense left that will look like savings in a longer/mid term plan is a whole life policy, assuming contracts are still respected and they don't change the tax regulation to fuck you silly. With this view, I would keep a low face value.

[PAN MAN No.23361907]

Who would have thought that a dispute over lobster would start an insurrection in Canada? https://www.theglobeandmail.com/canada/article-rcmp-deployed-in-ns-lobster-war-but-mikmaq-chief-wants-military/

At least the anti pipeline conflicts last winter made some sort of sense, fucking lobster fishing starts the beatings and fire bombings..

[Anonymous No.23361928]

>>23361791
>no asset crash or sovereign debt insolvency death spiral from QT anymore, theoretically
Is that what you believe?

[Anonymous No.23361957]

>>23361754
I'm all for posting stacks and I'm also for discussing economics. I think the economics we discuss in /pmg/ are interesting and directly related to why we stack. Hell, reading up on Austrian Economics was the reason I started stacking in the first place, because it was the only school of economics that actually made any logical sense, and PMs are of central importance to the Austrian school, along with the repercussions of central banking. Reading the ideas here helps me sharpen my arguments in favour of PMs.

I think the post you get annoyed by (while I largely agree with it) is a bit inflammatory and sets ideologies and therefore people against each other, so the best thing to do is ignore it and share what you want to share and talk about. If you wanna share stacks, share a stack. If you wanna post Hitler, post Hitler. If you wanna tell someone to bugger off, tell them to bugger off. You can't control what others do, but you can control what you do.

[Anonymous No.23361958]

Kek some retard just spent $80 on stainless steel. Always make sure you see "sterling" stamped, don't just trust what the seller says.

[Anonymous No.23361990]

>>23361928
From what I can tell, the banks aren't taking on more risk with their additional liquidity provided by the fed as the guaranteed returns of the accounts with the Federal reserve are better than the risks in the market. If the fed stays seeing the banks loaning too much with the liquidity they gave out, they increase the opportunity cost. It's just the same old tricks with different steps.

[Anonymous No.23361991]

>>23361907
It makes perfect sense IMO.

people living there are out of work, under employed, for many years in part due to extremely harsh fishing/lobster catching regulations. Now they have natives using treaty exemptions to fish/trap out of season en mass in a very commercial, and unsustainable way, by abusing the sustenance clause in the treaty.

I fully expect more of these things to escalate.

[Anonymous No.23362045]

>>23361957
>If you wanna post Hitler, post Hitler. If you wanna tell someone to bugger off, tell them to bugger off.
It's malicious and has a nonzero chance of being a part of a smear campaign considering how consistently pmg has to deboonk the Hitler crap. It seems to be under the pmg boot at the moment, but it gets out of hand. Why doesn't the conversation happen on /pol/? They like Ron Paul and Hitler. Win win.

[Anonymous No.23362076]

>>23361958
>Always make sure you see "sterling" stamped, don't just trust what the seller says.
Worst case you just dispute that it wasn't what the seller claimed it was?
But yeah save yourself the time and look at photos to ensure that "Sterling" is stamped or hallmarked

[Anonymous No.23362087]

>>23361928
To me it seems like their excuse for not having shit together. In 2009 the Fed had a lot of "smart-brains" that got us into this mess. I haven't thought about the mechanics of interest on excess reserves, especially now that the reserve requirement is 0%

[PAN MAN No.23362098]

>>23361991
o i understand it completely. The same sort of BS happened in BC a few years ago on the Skeena river over native fishing rights against guiding outfits. The natives were filmed using drag nets attached to trackers, catching hundreds of fish, than only taking a tiny number while letting the rest rot. The guy who filmed them doing this and who sent it too cbc was beaten within an inch of his life, which caused the Hazelton Gas bar and post office to be burned down in retaliation.

[Anonymous No.23362178]

>>23361990
That explains why they'll be rolling out FedCoin in 2023. Government no longer wishes to deal with the banks.

[Anonymous No.23362240]

>>23361586
>3am Good point because jews are only present in Israel. I've not heard of them staying up at night OR living anywhere outside Israel.

All of this disruption is from one group who don't tolerate criticism of their ethnic hegemony of banking. This is 4chan. All anons know this. Any attempt to deviate from this is an attempt to fatigue anons into censoring themselves.

[Anonymous No.23362253]

>>23361586
for the record NO ONE who wasn't a shill thought it was Russia you utter utter cretin.
>>23361680
He wants to subvert the enemies of Judaism anon.

[Anonymous No.23362272]

>>23362098
We used to just be crabs in a bucket in this country which was bad enough.

Now its become something much more sinister I fear.

[Anonymous No.23362286]

bros i've heard that since this current consolidation/correction phase is longer than the last one, it means our next leg up will be larger than last time too. does this have any truth or is it just cope posting?

[Anonymous No.23362315]

>>23362045
And what exactly are you 'debunking' about him anon?

Why do you care so much about fighting that particular person's reputation? Are you an expert? Why can't it be discussed here in connection with PMs? Are you an expert able to 'debunk' everything said about him?

Or do you just hate seeing him discussed reasonably?

[Anonymous No.23362352]

>>23362286
There's every reason to be bullish on PMs anon, this whole thread should indicate that. We don't know the future so we don't know exactly what is going to happen, but we know PMs are going up. Enjoy the ride

[Anonymous No.23362397]

>>23362286
As far as TA goes, I've had a few triangle patterns on my charts. Usually it breaks hard up or down at the convergence. The smaller ones didn't play out, but the largest one converges on November 3rd...

Silver has the same triangle, so does GDX, paper gold, SIL, SILJ, etc. Hoping for election happenings.

If you are into Elliot wave memes, then you could argue we are in a 4th wave correction, leading into a 5th wave green dildo.

[Anonymous No.23362400]

>>23362240
surely it's the jews paying people, there's no possible way 99% of the western world actually hates you and wants to argue with you for free.

you guys are idiots.

[Anonymous No.23362435]

>>23362397
Elliot waves? We are in a correction now for the next leg up? Explain these waves.

[Anonymous No.23362438]

>>23362397
>>23362352
crazy how it converges near the election, something big will happen then for sure for PMs. thanks again anons i just need reinforcement of my position sometimes this is my first PM bull market you can probably tell

[Anonymous No.23362470]

>>23361907
covid was a huge blow to the canadian lobster industry
they couldn't sell to china, so they had to dump'em at any price to the US market. I feel bad for lobstermen

[Anonymous No.23362519]

>>23362438
I think it makes sense. There's a lot of uncertainty as to what the US elections will result in (or if they'll even have an outright result for a while), so a lot of people are holding off on making big bets on any financial assets for the time being. In my opinion, a Trump win would be good for gold because of more stimulus checks and stock market brrrr, and a Biden win would also be good for gold because more stimulus checks and inflationary government spending on random democrat shit. Maybe it doesn't happen but that seems like a longer shot to me.

[Anonymous No.23362525]

>>23361489
>he's mainly popular rn bc the subversion tactics are eerily similar to what usa is experiencing
that and his interview was used in the new call o doody trailer

[Anonymous No.23362549]

>>23362519
both sides are ignoring the underlying fundamentals. There's a solid chance the whole shit show will come crashing down before summer next year. It'll probably depend a lot on vaccines. Trump is better at propping up optimism, but even he can't hold the economy up all by himself for another year.

[Anonymous No.23362629]

>>23362435
I use them lightly. I still can't convince myself that markets behave like this, but sometimes they do. There are some more complicated rules, but its basically pic related pattern on different timescales. So look at GDX for example, Daily chart, start at the march lows, and try to assign 1, 2, 3, 4, etc. You could come up with 5 being next. Or you could come up with 1 being next, thats why for me I can't take it seriously.

This friendly pajeet takes it pretty seriously and has been right for the most part.
https://youtu.be/MaSXcZQEuR0?t=302
https://www.youtube.com/watch?v=uTpzXzo9vzI

[Anonymous No.23362683]

>>23362549
If you wanna go potentially schizo but also potentially based, a mate of mine says that in the satanic/kaballistic/masonic literature, there's a bunch of predictions and references to their 'angel of light' appearing in 2025 to 'rescue the world' from its terrible state.
I can see the world going down the loo in the next few years with the global financial system crashing and whoever is the current US president copping the responsibility for it (personally I see Trump getting re-elected just because that's the established pattern, most presidents serve two terms because a known factor is better than an unknown factor). The 'saviour' then steps in next term and fixing the global economy, and everyone will have been hit so hard by the previous economic destruction that they will be willing to do anything to fix it.

[Anonymous No.23362707]

>>23355373
Today i will remind them

[Anonymous No.23362708]

>>23362629

chart analysis makes only slightly more sense than astrology imo

[Anonymous No.23362720]

>>23362315
>Or do you just hate seeing him discussed reasonably?
You gotta have 500lbs of extra autism to have the same exact discourse on how Nazi Germany ran the economy and managed personal liberties in about the same way as any other warring state. I like Hitler in terms of an idea, but the policy discussion is tired and I assume the image post that gets "spammed" preemptively covers the argument that I don't have the exact details on (because I personally find it somewhat disinteresting, maybe because it got played too often in such an autistic off-putting manner). Have an argument faggot. Also literally dont know why /pol/ isn't tying together these FedCoin threads with what's happening internationally, I guess it's too many happenings all at once.

[Anonymous No.23362751]

>>23355438
what uranium miners?

[Anonymous No.23362898]

baking is done. just waiting to pull out of the oven

[Anonymous No.23362937]

>>23362720
>how Nazi Germany ran the economy and managed personal liberties in about the same way as any other warring state
Perhaps the solution is realising that war is in fact bad and only used to further the interests of the elites. WWI was when Britain left the gold standard, and the Vietnam war was when the US did the same: https://www.youtube.com/watch?v=RvL_Dm2d99A

[Anonymous No.23362959]

>>23355373
>>23362948

[Anonymous No.23363063]

>>23362937
Yeah, FDR is a cunt and I refuse to own silver dimes with his stupid face. If you have enough energy though, pol probably needs strong arm limited government types now more than ever. Silver shield has a decent outline, friends skills and wealth.

[Anonymous No.23363115]

>>23358396
Yep, that's probably what will end up happening everywhere anyway. It's the big satanic takeover. We can't let this happen. Personally if any glowie try to force a vaccine upon me he'll get a bullet through the skull.
But most likely it will be coercitive forcing, ie. you are under lockdown ad vitam if you refuse the vax, and are unable to go to work, to the grocery store, to any public space and basically forbidden to get out of home.
If the (((cops))) are really enforcing this shit instead of disobeying to orders, they then crossed the line of being not only corrupted traitors, but also anti-humans, genocidal niggers. Which can only be solved by death.

[Anonymous No.23363182]

>>23357675
>We finally get to see the end of the eternal September.
>And all it took was the combined implosion of debt base currencies driving the cost of silver through the roof.

[Anonymous No.23363201]

>>23363063
Unironically old pol loved Ron Paul, but the years turn everyone into cynics, pic related. It's tough to keep fighting the good fight but decentralising money is the battle of our times, and I think it's good to show the bitcoin shills that we agree with them on that.

[Anonymous No.23363274]

>>23355438
>>23362751
Seconding this.

I need a good small cap uranium miner just for some diversification.

[Anonymous No.23363397]

>>23363201
I think I said this already but I feel like electing donald trump is just vengeance against everyone who kept ron paul from getting elected.
Like the saying goes, we can do this the hard way or we can do this the easy way.
(Which sounds great until you get a little bit of spengler bouncing around in your mind. Then you're like ya fuck it.)

[Anonymous No.23363436]

>>23362708
Have you ever done your birth chart online? I did it after hearing about it and it was accurate to the letter. 5 pages of accurate information about me and my personality. Not cold reading type shit either.

You have to know what time you were born at too. There's something more going on here than monkeys randomly evolving on a rock in space bro.