/pmg/ - Precious Metals General

[Anonymous No.24638504]

That's a nice golden coin you've got there edition

>Why Gold?
https://www.youtube.com/watch?v=i3S4rl6ehiI&t=1s&ab_channel=RealVisionFinance [Embed]
https://www.youtube.com/watch?v=gksenA5Al_A&ab_channel=RealVisionFinance [Embed]
https://www.lynalden.com/reasons-to-buy-gold/

>Bullion dealers
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https://bgasc.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/
https://silvergoldbull.com/
https://www.goldeneaglecoin.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://www.youtube.com/watch?v=ZCL6FKQZyoM&ab_channel=GarrettDetectors [Embed]
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://www.youtube.com/watch?v=3mg9YcAShTo&ab_channel=FreeFunnChicago [Embed]
Magnets
https://www.youtube.com/watch?v=NgSXg-WOEVY&ab_channel=AboutAg [Embed]
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

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

>Relevant information regarding mining companies
https://pastebin.pl/view/fddd4572

Previous thread >>24604077

[Anonymous No.24638536]

Silver 2k EOY...wait

[Anonymous No.24638625]

anyone ever order from lpm.hk? are they legit?
they have a few coins i cant find on any of the bullion dealers or even on ebay
wouldn't spend very much there, just for some silver coins from a series im collecting for fun
are there any duties/tarriffs on bullion coming from hong kong to the US?

[Anonymous No.24638640]

>>24638504
wud da fugg is this OP pic.

[Anonymous No.24638675]

>>24620596
actual previous

[Anonymous No.24638717]

>>24636098
>That’s just plain foolish
It's literally, unironically and exactly the ratio Maloney is using for his own stack..

https://www.youtube.com/watch?v=FZb7cMKDcOE

[Anonymous No.24638730]

>>24638717
Based

[Anonymous No.24638967]

>23.6% of all dollars were created this year
alright how the fuck do you print that hard and still have a functioning anything

[Anonymous No.24639008]

>>24638967
my best guest is because the majority of the population is ignorant, passive, and oblivious as long as the water and and power keeps flowing nothing is wrong

[Anonymous No.24639043]

>>24638504
Saved

[Anonymous No.24639090]

>>24639043
>>24638504
Same

>>24638967
Because it takes time to filter down, otherwise the effect would be too immediate and the general populace would associate the headlines with the effect and panic whenever they're printed in the future.

[Anonymous No.24639095]

>>24638967
They are held as collateral so that banks open up lending. They have not.
The Fed uses QE to fight inflation, but its deflationary for the actual economy. It can inflate the shit out of certain savings-like assets like stocks. This is why the Fed will never win with QE.

[Anonymous No.24639123]

It seems like all the mining stock fags have gone to sleep. Finally some respite from their incessant droning. Pretty sure all of them are ceo.ca refugees that just spend all their time outside of waging talking about how to best manipulate paper

[Anonymous No.24639144]

I can only invest in a large cap bc fidelity is saying my funds aren't settled and fuck them. What should i get? More First majestic or open a postiion in KGC?

[Anonymous No.24639155]

>>24639123
feels comfy being a full physical chad!

[Anonymous No.24639160]

>>24639144
You should open a position in your mom's asshole

[Anonymous No.24639177]

>>24639160
IM GONNA COOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM

[Anonymous No.24639189]

>>24639123
Buy some Aurcana fren

https://www.youtube.com/watch?v=am9eADLcx6A

https://www.youtube.com/watch?v=u71A9bEBLNU&feature=youtu.be

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

[Anonymous No.24639198]

>>24639155
>>24639177
Based

>>24639189
If you don't hold it, you don't own it

[Anonymous No.24639214]

pmg bros i seem to have bad ear infection, should I powder some silver bullion with my mortar and pestle and put some of that in my ear?

[Anonymous No.24639232]

>>24639214
Ear infections are generally in the inner ear so you'd have to find a way to inject it through your eustachian tube. Could just buy some colloidal silver solution. I don't recommend it lol

[PAN MAN No.24639246]

>>24639214
I get them a lot, if your ears all plugged up, get a squirt bottle and hot water, and some kind of olive oil. leave the oil in the ear for 5 - 10 minutes than use the squirt bottle on the ear. It hurts like hell but it works.

[Anonymous No.24639256]

>>24638967
>>23.6% of all dollars were created this year
Jeez, that's fucking wild
No wonder the value is dropping
But for real it's just retarded normies that can't see beyond muh dick and Mcdonalds
People have been conditioned to just consume; saving places you way ahead of like 50% of people from the start

[Anonymous No.24639280]

>>24639144
KGC under $8 USD, AG under $10.50, wait for dips

>>24639160
what if his mom sells bathwater?

[Anonymous No.24639282]

>>24639246
>>24639232
This is a PMG thread I am trying to find a PMG solution, maybe some of my copper bullion will do the trick...if not ill have to turn to chicken bouillon

[Anonymous No.24639289]

>>24639246
That sounds unhealthy. If it hurts you should probably be more gentle

[PAN MAN No.24639350]

>>24639289
Probably right but if your really plugged up its the best solution.
>>24639282
if you can find them at a drug store, Silver nitrate salts in water work but it can be very painful.

[Anonymous No.24639363]

fuck, the (((2am))) smack down

[Anonymous No.24639369]

>>24639256
>But for real it's just retarded normies that can't see beyond muh dick and Mcdonalds
https://twitter.com/Snowden/status/1335936850687643649
so have we moved onto the smart money phase?

[Anonymous No.24639401]

>>24639350
That sounds like the best option but potentially damaging to sensitive tissue like the tympanic membrane

[Anonymous No.24639406]

>>24638967
>alright how the fuck do you print that hard and still have a functioning anything
The velocity of money hasnmt been fast enough for it to completely filter through the system.

[PAN MAN No.24639437]

>>24639401
yes its not something you do lightly. I had to do that in camp a few times and it was not pleasant but it was the only option.

[Anonymous No.24639458]

>>24639369
What do you mean?
>McChicken off the dollar menu
It’s over

[Anonymous No.24639515]

>>24639458
It means some of the smarter normies are beginning to notice inflation. They won't think anything of it, but it means things are starting to shift.

[Anonymous No.24639518]

>>24638967
>>24639406
also note that an M2 supply increase doesn't have to do with "total cash created". cash is constantly put into and out of circulation, so increases in M2 supply are better thought of as something like a water level. As the population and economy grows, M2 should keep rising. That said, we've been watching a fat storm surge in M2 and the real economy is still getting strangled by these Great Resooters. I can't believe they think they can lock down again.

>>24639458
>only can pay attention to WcRonalds
>McChicken off the dollar menu
>Coomsoomer: maybe i should try that Robinhood App and get Tesla

[Anonymous No.24639615]

>>24639515
>>24639518
Ah
Yes, I can agree with you there
I’m currently working on a web scraper so that the actual decrease of fiat purchasing power can be identified on a sub-monthly basis for this reason

[Anonymous No.24639674]

>>24639615
Shadow stats already exists.
What really needs to be scraped is Comex open interest data from day to day. That currently only goes back 5 days unless you pay for subscriptions

[Anonymous No.24639698]

>>24639674
Damn it do be like that
Comex scraping could be a fun project, although it’d probably only be useful from 2021 onwards

[Anonymous No.24639733]

So, is anybody gonna be bribing their doctors with PMs to forge their vaccination records for the coronavirus vaccine or will they actually go through with luciferium quantum dot mark of the beast so they can use a blacklight scanner to light up the dots and scan the code on your forehead like they currently do with the forehead body temperature guns?

>>24639674
>>24639698
This sounds like an interesting project. Keep us updated on how it goes. COMEX would be better, it's lesser known compared to inflation, and the work that has been done is mostly manual screenshots, nothing formal

[Anonymous No.24639735]

>>24638717
kind of sad when the greatest transfer of wealth in human history happen when you are 80 years old.
>>24639198
>500 oz silver, 21 gold, 3k miner
You can do both anon. Currently trying to get a position of 500$ into Klondike, if it doesnt fall a bit then I'll just consolidate a 1k position in Vangold, don't wanna wait too long.

[Anonymous No.24640243]

>>24639123
its ok anon, getting rich isn't for everyone

[Anonymous No.24640263]

>>24639735
you might have to wait some time for klondike to dump. easier just to get into vangold now while it's nice and cheap. by the time klondike goes down a little, vangold will pump. You cant time these things perfectly, you can only take the opportunity when its there.

[Anonymous No.24640313]

>>24639674
Shadow stats can capture the macro, but anon can get a better sense of the inbetween of the micro and macro this way. The "K" recovery is a pretty good description from what i can tell so far. I think the continued disruptions to supply chains are really telling.

[Anonymous No.24640412]

>>24640263
KS might as well go down a bunch today. Nobody can tell with these things really

[Anonymous No.24641015]

>>24639437
love a good flotation cell shot
desu that's indistinguishable from lead or moly

[PAN MAN No.24641164]

>>24641015
I was going to use a webm but it wouldn't load.
I ll find another one in the morning.

[Anonymous No.24641179]

>>24641164
no worries I see them irl every day. Others here don't seem particularly interested. I love a good process shot though

[Anonymous No.24641232]

>>24641164
I mostly work with moly sulfides, our skimmate looks exactly the same as silver. Easy to tell since the moly cell is right next to the silver cell on our circuit. Only difference is we get a thousand pounds of good moly skim to each pound of silver.

[Anonymous No.24641254]

>>24640412
>>24640263
Yeah i'll just go for vangold you're right. Just checked and they're down 8% today, the lowest since 30 September, 60% down from ATH. It would be a crime to not put my last 500$ into it.

[PAN MAN No.24641288]

>>24641232
I haven't done much in full scale mills but I ve seen those tiny skimmers used in assay labs that look like a turned over blender. Is the consistency different between silver and moly? I know it can be for lead and some other metals.

[Anonymous No.24641378]

>>24641288
>Is the consistency different between silver and moly?
moly is fucking slippery as you'd expect of an industrial inorganic lube. So is lead, but lead is heavier. Graphite is similar but much lighter. as you know weight is what matters in a flotation circuit. Silver is very slightly heavier.

[Anonymous No.24641394]

>>24641288
silver isn't 'soapy' or 'greasy' like moly or graphite, or even lead.

[Anonymous No.24641427]

>>24641394
>or even lead.
not that I'd encourage anyone to rub lead skim between their fingers. But if you do, wash your fucking hands before eating your tuna sandwiches

[PAN MAN No.24641447]

>>24641378
Neat and yes the different weights are important. I should try and get some more moly samples. Its such a strange mineral in nature.

[Anonymous No.24641487]

>>24641447
come summer i can get you all the moly you like

the climax mine I work on each year is literally paved with molybdenite in quartz. Like the parking lot at the mill building is gravel and rock shot through with good high-grad moly

I also have a few crazy mineral samples from that mine. One of my faves is blue fluorite with moly veins. Very pretty.

[Anonymous No.24641547]

>40 year cup and handle pattern

am i doing it right?

[Anonymous No.24641656]

>>24641447
>I should try and get some more moly samples
to send you rocks you'd have to trust me with your real name or address and I'd have to trust you with mine.

but you're the one person on /pmg/ or /out/ I'd trust implicitly. if you wanted to dox me and harm my family you easily could.. You never have, and I trust you.

[Anonymous No.24641708]

>>24641656
What are P.O. boxes?

[PAN MAN No.24641726]

Phone posting before bed but if you do want to trade samples I ll post a different email and we can work out the details then.
>>24641656

[Anonymous No.24641745]

>>24641708
>What are P.O. boxes?
I don't need that with Pan Man and I doubt he cares who I am. I recognize his knowledge & integrity and that's enough for me.

[Anonymous No.24641762]

>>24641726
we'll hook it up once the snow melts at 12,000 feet. Probably June.

[Anonymous No.24641780]

>>24641745
>>24641656
wholesome. our humanity yet remains!

[Anonymous No.24641781]

Any anons getting crazy to invest in more PM's/miners? Selling vehicles, huge yard sales, taking out loans, etc?

[Anonymous No.24641789]

>>24641780
Pan Man is older than /pmg/
he is a good person and knows his craft

[Anonymous No.24641800]

Pan man if there's another BC /k/ommando meetup wed be honoured to have you. Last time it was at an old abandoned mine somewhere north or northeast of Harrison hot springs, don't know exactly where, but perhaps you know of it. I heard it was lots of fun.

[PAN MAN No.24641866]

>>24641789
I wouldnt say that, I came here proper last year but PMG has been here longer just in different forms.
>>24641800
I can do that, there are quite a few /k/ommando's around my parts too that would likely show up as well.
>>24641781
strangely no, however I have seen a lot more of those annoying "gold and silver pawn" buyer types pop up recently. It kind of bums me so many people selling their gold and silver for quick cash.

[Anonymous No.24641969]

>>24641781
no. despite the immense opportunity before us, i could just never bring myself to take on debt under any circumstance. maybe for flipping real estate. but buying volatile equities? no.

I also am not in the habit of spending money frivolously and purchasing things i dont need, so aside from my books, i have no possessions to sell that i could afford to be without.

[Anonymous No.24641970]

>>24641866
>came here proper last year but PMG has been here longer just in different forms.
I remember when you showed up on /out/ and started namefagging on /bi/
I was probably here before you, I am a truly oldfag. But I appreciate you. You are all I hoped to be in life and never was. I'm a famous 4chan troll, but you're the real deal.

/pmg/ isn't much older than you. months at best

[Anonymous No.24642020]

>>24641164
>>24641179
I'd be interested in how flotation circuits work actually

[PAN MAN No.24642024]

>>24641969
speaking of unnecessary debt, has anyone here checked how many payday loan places have appeared in their city / town? Prince George BC has 13 of them now for example.

[Anonymous No.24642169]

>>24642020
>I'd be interested in how flotation circuits work actually
rock is crushed really fine and then treated with acid so the metal crystals are clean and stick to an oily chemical. The they're washed with that oily chemical and air pumped through them to make bubbles of a similar size. These bubble attach to the oil and float the metal to the surface. Because different metals have different weights and the bubbles are all the same size you can classify the metals by weight based on how soon they float.

once classified it's just a matter of skimming off each metal by weight

the metal floats to the surface and is sorted by weight or time... how long it takes to float.

[Anonymous No.24642288]

>>24642020
this
>>24642169
is an extremely simplified explanation
irl there's a lot more to it and even scientists and engineers don't entirely understand the process
we just know that it works and can be optimized.

[Anonymous No.24642356]

>>24642169
>>24642288
Alright thanks for the explanation of flotation in a nutshell. Also
>even scientists and engineers don't entirely understand the process
>we just know that it works
lol. Makes you wonder how they came up with the solution in the first place

[Anonymous No.24642379]

>>24638504
that pic

[Anonymous No.24642382]

>>24642356
we came up with the solution in the 1800's when we noticed that if you use your gold pan for cooking you'd lose gold that floated over the edge in bacon grease.

it's the reason pan man and me carry dish detergent in our prospecting kits. Oil will float gold and any metal.

[PAN MAN No.24642444]

>>24642356
its old tech developed in the 18th century, but yes even with all our modern know how odd things still happen where we have zero clue whats going on. One issue that pops up from time to time is known as "particle peanut problem", in which any near elemental metal particles take on the grain shape of a peanut, and become very difficult to float. Chemists and scientists have seen this happen over and over and never once figured out what causes it.

[Anonymous No.24642569]

>>24642444
nice trips PM
rare shiny

[Anonymous No.24642829]

>>24638504
Ok, this image is based

[Anonymous No.24642858]

>>24642444
>Chemists and scientists have seen this happen over and over and never once figured out what causes it.
and that's the upshot.

no process gets 100% of the metal
flotation throws away about 10% of the mined silver and gold

but 10% lost is better than amalgamation, cyanide leaching, or chlorine vat dissolution.

no process is ever perfect. We always throw away some metals. Flotation is just extremely cheap, relatively safe, environmentally benign, and effective enough to make money

[Anonymous No.24642964]

What did you get delivered today gents? I got this pf70 1/2 sov to add to my 2020 collection. I also ordered a garret ace 400i detector kit to get back into my metal detecting. Got some land to search next year. Exciting!!

[Anonymous No.24643038]

>>24642964
love the garret ace series

had a buddy take a 250 out and find a $2000 coin on the first day with no practice or training. Very decent detectors

[Anonymous No.24643087]

>>24643038
250 was my previous detector. Loved it, found many coins with it. Upgraded just because I can.

[Anonymous No.24643123]

>>24643038
How’s it going Bob?

[Anonymous No.24643127]

>>24643087
might as well, right?

I run an analog machine I've had since about 1985. I've owned lots of other detectors since that one, but it's the best.

If I was going to switch to a digital machine it'd be an Ace or a Minelab just because they find the most stuff. Very adaptable.

[Anonymous No.24643147]

>>24643123
good buddy, how are you?

[Anonymous No.24643686]

>>24643123
I actually wore that shirt in my glowie pic for biz.

real oldfags will recognize it from 2016 days and older.

[Anonymous No.24643992]

>>24643123
I mean it's not every day you get to shit on someone that's a proven multimillionaire, a government contractor, a legit miner, and one of the oldest oldfags on /biz/

kek
who are we kidding? It is actually every day, rite? Carry on with your shit

[Anonymous No.24643997]

>>24643147
fake big bob. im the real big bob

[Anonymous No.24644009]

>>24643997
truth

we're all Big Bob

[Anonymous No.24644056]

>>24643997
No I’m Big Bob!

[Anonymous No.24644076]

>>24644056
you can both be big bob

[Anonymous No.24644081]

>>24643992
>>24643686
>>24643147
>responds to me three times in a row
Why do you always seethe so hard?

[Anonymous No.24644090]

>>24644081
alcohol and autism

why are you so poor?

[Anonymous No.24644117]

I've got what might be the best trade in a long time for you guys, gonna have to wait for peak hours so it gets buried quicker. Thin market right now, so I can't have the rest of biz see it.

[Anonymous No.24644135]

>>24644090
>why are you so poor?
Lol I’m not poor, and so far you’ve given zero evidence that you
1. Are a millionaire
2. Own a metals recycling company
3. Work for the government (lol)
Seethe more poorfag boomer

[Anonymous No.24644144]

>>24644117
TELL ME

[Anonymous No.24644153]

>>24643686
Lmao is that your lardass wife and her son? I knew you were a retard but I didn’t know you were a cuck too

[Anonymous No.24644187]

>>24644135
>3. Work for the government (lol)
lol
>>24643147

>>24644153
>Lmao is that your lardass wife and her son?
my lardass wife and MY son.
You know, she's a cuckette or whatever a female cuck is.
Stepmother I think they're called

[Anonymous No.24644201]

>>24644144
I haven't even put it on yet lol

[Anonymous No.24644294]

>>24644153
if it helps my boys were born wealthier than you'll ever be.

[Anonymous No.24644315]

>>24644187
Congratulations, you’re able to print “United States Government” on a plastic card. That doesn’t prove anything

[Anonymous No.24644340]

>>24644315
>doesn't recognize a gov ID
kek

show me your stack

[Anonymous No.24644345]

>>24644294
>if it helps my boys were born wealthier than you'll ever be.
You seem to say you’re rich but all I ever see from you is $200, is that considered rich in your trailer park?

[Anonymous No.24644407]

>>24644345
you're right
I need to assemble an appraisal of my houses, businesses, and vacation properties just for faggots like you.

until then, show me your stack which is worth almost 2 weeks of my salary and took you years to amass.

you try to save money while real humans are trying to make money. And many are succeeding. That's the real redbull. You're frugal when you should be expansionist.

[Anonymous No.24644519]

>>24644407
>until then, show me your stack which is worth almost 2 weeks of my salary and took you years to amass.
I don’t stack, stacking is for stupid people like you

[Anonymous No.24644547]

>>24644519
do you want me to tell you I'm impressed because you found the button on the back of your router?

lel ok kid, good job.

if you want to actually get rich listen to me, not /pmg/
hell even linkies and ethfags did better than /pmg/ over the last 3 years. Literally millions of times better. And I'm not even one of those. You're missing out and you're fucking proud of it.

[Anonymous No.24644597]

>>24644547
>if you want to actually get rich listen to me, not /pmg/
You’re not rich though, you’ve only proved you have $200 and a few silver quarters. You’re literally more poor than a Detroit nigger

[Anonymous No.24644614]

>>24644597
>you’ve only proved you have $200 and a few silver quarters. You’re literally more poor than a Detroit nigger
that you saw

[Anonymous No.24644657]

>>24644614
>that you saw
If you had more money, you would show it considering how much you like to brag. But you don’t, because you’re poor and trailer trash.

[Anonymous No.24644735]

>>24644294
I would rather be poor than wake up next to that whale for the next 50 years of my life, faggot.

[Anonymous No.24644812]

>>24644735
Don't say that about your wife bob

[Anonymous No.24644828]

>>24644657
I usually get banned for posting real estate in /pmg/ I've done it before though
>>24644735
she's a very sweet whale. I love her like i hate you.

[Anonymous No.24644835]

YIELDA

[Anonymous No.24644935]

Time for accumulation is over, we need to begin moon mission.

[Anonymous No.24644945]

How high is CLF going today boys

[Anonymous No.24644970]

MURICA FUCK YEAH

[Anonymous No.24645055]

So we gonna gun first majestic with calls to squeeze the shorts?

[Anonymous No.24645236]

>>24644935
You think silver gold spot price moon is part of the Great Reset agenda? I've got bad news for you buddy boy...

[Anonymous No.24645280]

>>24644828
My man, you are like a quarter of this thread. Grab a tea break?

[Anonymous No.24645289]

>>24645236
>electronics
they need silver you fucker

[Anonymous No.24645348]

[Anonymous No.24645352]

>>24644945
I dunno about today because I’m not a stock fag but looks like it has 25% room to grow before taking a breather.

[Anonymous No.24645357]

It's almost Jew o clock lads

[Anonymous No.24645398]

>>24645289
All the other industrial processes that already exist constantly need silver, silver has long been an industrial metal, yet the spot price remains suppressed so there is stead flow of product. Bots are not going to significantly increase draw more than usual. Centrally planned economy will get as much silver as big tech needs to monopolize and enslave us all.

[Anonymous No.24645406]

>>24643992
>big Bob is a government contractor

Faker, Big Bob would never work with government

[Anonymous No.24645479]

Silver is real hot today, hoping for a breakout

[Anonymous No.24645609]

Bayhorse out of the gates early, up over 4% this morning

[Anonymous No.24645683]

When are you guys taking memestock profits and going all in on juniors?

[Anonymous No.24645685]

I regret not ordering more ASE's during the sale.

[Anonymous No.24645733]

>>24645398
>Toyota
>Aprillia
Wat

[Anonymous No.24645742]

>>24645685
I am annoyed that my dealer gets the 2020 libertads in a few days time and NOW silver goes on the rampage.

[Anonymous No.24645756]

>>24645683
when silver hits $70 and they've all gone 20x

[Anonymous No.24645830]

>>24645742
>I am annoyed that my dealer gets the 2020 libertads in a few days time and NOW silver goes on the rampage.
I was looking for these when I placed my first orders during the sale weekend.

What's the story on the '20 libertads? Did the Mexican mint shut down because of the coof and now just getting these released?

>t. /pmg/ newfag since October

[Anonymous No.24645833]

>>24645756

thanks man

[Anonymous No.24645853]

>>24645280
dont talk to him, you are the one feeding him. He's just like a child, let him play in the corner and he will stop by himself.
>>24644935
I'm kind of ready, still need 3 paycheck, so by march, to take position everywhere I want but the main one are ready.

[Anonymous No.24645875]

>>24645830
Yeah, they are very delayed and many countries are only getting their orders this week. My dealer is getting 500 and he expects them to sell out that day at £35 each. I got him to save me 10. I also got the 1/20 and 1/10 silver on order from Germany. Prob Jan before they get here but the mintages are so damn tiny.

[Anonymous No.24645902]

>>24645830
Because the Cartels own a monopoly on Libertads.

[Anonymous No.24645904]

>>24645733
Unrelated from Sam Hyde video about various debts he owes

>>24645756

[Anonymous No.24646057]

>>24645479
no we need a breakDOWN
I need more time to accumulate

[Anonymous No.24646163]

Are the bullion banks running out of powder?

[Anonymous No.24646363]

>>24646163
they'll conjure up plenty more just in time for the next major delivery contract expiration im sure.

[Anonymous No.24646365]

>>24646163
are they ever?

[Anonymous No.24646503]

>>24646363
Newbie here
So when Dec hit, they purposefully crashed the price to avoid having to fulfill 1800 gold contracts?
Is that the story?

[Anonymous No.24646541]

>>24638967
Velocity went down just as hard. When velocity returns rip your money

[Anonymous No.24646769]

https://twitter.com/Schuldensuehner/status/1336328808664690689
Another bite the dust, hope your stack is ready

[Anonymous No.24646865]

>>24646769
This is the death of a credit based money system. There are only two outcomes. Hyper deflation if they do nothing or hyperinflation if they print. I suspect hyper deflation because then they can foreclose on all the assets. Then us plebs will own nothing, rent everything and be happy.

[Anonymous No.24646910]

>>24646865
>hyper deflation
>with the current government debt
Yeah, sure.

[Anonymous No.24646952]

>>24646910
Explain why you think there will be another outcome? Do you understand how a credit based money system works? They need to create ever increasing amounts of debt. If they don’t, deflation.

[Anonymous No.24646980]

>>24646910
it will deflate first before hyperinflation. I mean, I just dont see how retards normie can be rewarded for having so much debt. First kill the plebs with deflation then hyperinflate everything since you own most gold/silver in the world. Pretty evil if you ask me.

[Anonymous No.24647024]

>>24646980
the question i guess, is the government purposely malicious or just incredibly stupid.

[Anonymous No.24647055]

>>24638504
where can i buy a crown?

[Anonymous No.24647078]

>>24646865
>>24646952
>>24646980
Deflation fags (milkshake theory) think that because the fed does asset swaps with banks and keeps the dollars in reserves, not put into circulation, there will be no inflation. How stupid do you have to be to think that the the federal reserve wont function to achieve the goal that it was established for in 1913, namely, stealing from us? Look at shadowstats inflation statistics, chapwoodindex.com. The many money laundering schemes filter the money down into the economy through pic related at a rate of 10% every year. They are stealing 10% of the economy every year. Now that they have that, it will never stop. You think they're just going to give up that hardly won cash flow which is used to fund the Great ResetTM and let deflation occur? That's what deflation means. It will never happen. Everything will consistently get worse every year in order to boil the frog slowly until every bit of life giving juices are boiled from its flesh.

https://youtu.be/Y8DekFFCE5c?t=27

[Anonymous No.24647153]

>>24645904
kek, does his book suck?

[Anonymous No.24647228]

>>24647078
So angry. It’s pretty simple. Money is loaned into existence. When debt is repaid money is destroyed. Interest means there is always more debt than money. Look at debt to money ratios. The debt cannot be paid back. Ever. So as debt is serviced, money is destroyed. This is why interest rates keep falling. If the process continues we will see hyper deflation. The only way to stop it is to go full MMT and just spend dollars into existence at treasury level.

QE buys assets and inflates their prices by reducing the pool of assets. But they pay for it with fake money, bank reserves, which can’t be spent. We are going towards deflation unless they spend money into existence.

[Anonymous No.24647302]

>>24647024
It is their purpose and it is malice. Those of us who are true /pmg/ers and not the tourists we have here now knew and have been telling you all that their fiat bull shit is going to collapse. Everyone thinks silver stackers have no idea what they are talking about and they are going to make mega monopoly money in the stock market etc.
(((They))) knew this shit was going to fail so they create this bullshit covid 19 shit so they have a scapegoat to blame why the economy has crashed and usher in their nwo bullshit and become the normies saviors with vaccines and universal basic income etc and the sheep are led to slaughter. The biggest thing to point out is THEY FUCKING KNEW/KNOW, and they NEED the excuse that "it wasn't their faults". It makes me fucking sick how blind people are to any truth and put their fucking mask on.
IF I WAS A 1%er I WOULD TREAT YOU LIKE THE FUCKING CATTLE YOU ACT LIKE AS WELL
Act like that you get what you fucking deserve

[Anonymous No.24647428]

>>24639733
Neither, i won't take jack shit period. I'll just wait until everybody dies and take their stuff ¯\_(ツ)_/¯

[Anonymous No.24647441]

>>24647302
You ever think that this idea of a globe spanning cabal of ne'er-do-wells is just some weird psychological trick that we play on our selves to make ourselves feel like the main character of our own epic fantasy story?
25% of my networth is in silver under my bed by the way.
But it's like, damn, did I, through some combination of 4chan and youtube videos, see through the veil and find a way to insulate myself from the upcoming global collapse (yes) or do i just spend too much time on the internet.

[Anonymous No.24647506]

>>24647441
What youre seeing is the end of Keynesian economics and credit money. It works great for 50 years and the last 10-20 it’s on life support. Some of them like neel cashcarry are just morons keeping the system alive while I’m certain there are others planning on profiting. First hyper deflation. Then hyper inflation. But you won’t be able to actually buy anything during the deflation. That’s the trick. See:March

[Anonymous No.24647640]

>>24647153
Yes. "Buy the dip. Oracle of Omaha. Hodl indexes"

>>24647228
Money isn't destroyed when debt is repaid. The stated process isn't what really goes on and the people here should know that.

>they pay for it with fake money, bank reserves, which can’t be spent
That's just obviously fake. They are obviously not doing that based on inflation statistics. You think they just print money and erect this massive money laundering/banking scheme to obscure the flow of the dollars they print into the economy but they can't use those dollars just because they say they can't? What difference does it make if the fed prints the money or the banks add digits to bank accounts in their system anyway. They're both joined at the hip.

>>24647428
Based

>>24647441
Everybody thinks that sometimes, but which worldview will give you a better future, even if it isn't true: thinking everythings fine, or acting like you're a dissident and trying to seek out things that are countercultural forces waiting to be exploited possibly for your own gain, as long as they are actually good and align with the truth?

[Anonymous No.24647671]

>>24647441
>You ever think that this idea of a globe spanning cabal of ne'er-do-wells is just some weird psychological trick that we play on our selves to make ourselves feel like the main character of our own epic fantasy story?
There is dissent in the ranks and they have there own problems and can't decide who gets to be leader as well, the odd one might even grow a conscience once in a while
>see through the veil and find a way to insulate myself from the upcoming global collapse (yes) or do i just spend too much time on the internet.
But people have been seeing through the veil for decades, it was way more common before the advent of internet etc. They run us in 80 year cycles, WW2 80 years ago, after 80 years majority of the people are dead and wipe the knowledge from the face of the earth.
Don't kid yourself , if you have seen through the veil you know it to be true, I can barely talk to these fucking consoomer zombies they have created, they aren't worth being called people, they are not a fully developed individual, most are stuck in their pre teens

[Anonymous No.24647691]

>>24647640
Yes money is destroyed when debt is repaid. When a loan is made, money is created. When it is repaid, the interest is the profit and the principle is destroyed. This is why debt is so much greater than money supply.

[Anonymous No.24647751]

>>24647691
Yeah but it's never repaid. It can never be repaid. If it was repaid or forgiven (which is the logical conclusion and where we're heading) cash would be over and we'd have negative interest rates Great Reset rental trash world economy forever. Your smart ass deflationary argument about debt money destruction baloney isn't going to save anyone

[Anonymous No.24647793]

>>24647751
Mortgages are repaid all the time. Car loans are repaid. Credit cards are repaid. Debt gets repaid.

[Anonymous No.24647812]

>>24647793
Ok, what happens when the last dollar bill is repaid? There's still debt. Debt to whom? They won't just overlook it as we've been led to believe

[Anonymous No.24647862]

>>24647812
They created money from nothing , usury. The interest you paid has padded their accounts and the debt is gone so those numbers disappear. Just because you take a 300k mortgage does not mean they physically print the money. Are you fucking dense anon?

[Anonymous No.24647870]

>>24639123
ngmi

[Anonymous No.24647876]

Should I go into Kinross or pure gold? Im moving some money today. And both look stellar.

[Anonymous No.24647885]

>>24645683
Now

[Anonymous No.24647895]

>>24646865
Metals would get destroyed in a hyper deflation, right? Cash would be king.

[Anonymous No.24647915]

>>24647812
What you describe to a the last stage of hyper deflation. Deflation is on the menu.

[Anonymous No.24647930]

>>24639123
20 oz gold and 150 oz silver. Why can't I invest in miners as well?

[Anonymous No.24647937]

>>24647876
Yes

[Anonymous No.24647941]

>>24641781
based ygmi, buy options anon lets get rich

[Anonymous No.24647946]

>>24647895
They would get destroyed. But you won’t be able to actually buy them.

[Anonymous No.24647953]

>>24647024
Read the Protocols of the Learned Elders of Zion. The Jews are doing this on purpse to grab power. Same way they use liberalism to destroy families, they are doing things to usurp power as a foreign power elite.

[Anonymous No.24648014]

>>24647862
>>24647870

[Anonymous No.24648020]

>>24647876
tough call, buy both

[Anonymous No.24648108]

>>24647930
Just look at this post >>24615411 and highlight posts from that ID

[Anonymous No.24648191]

>>24648108
I just cant see how investing in miners during a pm bull is somehow bad

[Anonymous No.24648455]

>>24647876
I know Kinross got featured on a bunch of stock websites including motley fool yesterday. Looks like there is a littlw dip happening right now as the smart money sells as the new money moves in. Ill wait a little bit until these funds clear and that will let me see the momentum. Puregold on the other hand I can go back over and DD a litte bit in the meantime.

Still open to recommendations though. I know more about Kinross than puregold and Kinross has had some good announcements this month

[Anonymous No.24648471]

>>24648191
Even as PM prices rise, their profit margins will explode and their balance sheets will start looking REAL good.

[Anonymous No.24648741]

>>24648455
Don't know much about Kinross but PGM has a lot of room for growth. Just came out with a good NR about some nice new new drill core assays. They'll begin production at year end and will likely find much more gold down there than is currently estimated.

[Anonymous No.24648896]

what do you guys think of CKG? Its getting shilled by some dude named pirate on ceo.ca

[Anonymous No.24648950]

>>24648896
Never heard of them. Care to give me a rundown on them or are you hoping that I will do a quick check-up instead? Whichever is fine by me

[Anonymous No.24649000]

>>24648950
would you be so kind? ;)

[Anonymous No.24649002]

>>24648896
I've frequently noticed many ceo fags give out horrible advice, be careful

[Anonymous No.24649029]

>>24648896
I own a bit. Don’t remember why. I think it was a lot of silver or something. >>24648950

[Anonymous No.24649064]

>>24649000
Checked. On it hold on a sec
>>24649029
I'll still take a look, fact check me please

[Anonymous No.24649091]

>>24649064
My notes say
They got 533M oz of silver with a market cap of 220M. Their gold is valued at $10 and their silver at 0.
Sprott has indicated he is just buying everything with large silver resources. All of it. He see silver going to three digits in the near future and the leverage from miners is insane

Basically if they even have half the silver they say they do AND we get $50 silver.....

[Anonymous No.24649229]

>>24647953
Based

[Anonymous No.24649269]

>>24649229
Bang?

[Anonymous No.24649516]

>>24649269
Baroque?

[Anonymous No.24649600]

>>24644547
>if you want to actually get rich listen to me, not /pmg/
OK, I'm listening. How do I get rich? Please tell me something that regular people are likely to be able to accomplish. Note: I'm an introvert so if what you recommend requires great salesmanship, I probably won't succeed.

[Anonymous No.24649841]

How do I prove when I purchased my silver and gold when I go to sell them for tax purposes? Like how does the irs know if it legitimately had it as a long term capital asset?

[Anonymous No.24649881]

>>24649841
You don’t have to pay taxes on things that were lost in a boating accident

[Anonymous No.24649887]

>>24649841
I've also wondered this.
Also, if I gifted my silver/gold to someone and they sell it how do they do the taxes?

[Anonymous No.24649913]

>>24648896
>>24649000
>>24649091
Right so they are an exploration + development company with a handful of properties around Mexico, plus one in Nevada and one in Guatemala. The company is debt-free and has very robust financials. Their flagship asset Metates in Mexico has great mineral reserves (proven, probable): 18.5Moz Au, 526Moz Ag, 4.1Blbs Zn (Worth noting is that these are only the RESERVES, there's more ore in the RESOURCES category). The project has an updated 2016 PFS done, boasting low sustained costs (AISC $662/oz Au) thanks to the open-pit nature of the deposit, 27 to 37 life of mine and annual production of 445koz Au, 9Moz Ag and 88Mlbs Zn. Metates is easily a world-class asset. However, they still have a lot of work to do as the initial CAPEX will be huge -- $4.2 BILLION.
Comparing Metates to Kinross for example, Metates alone has 18Moz Au reserves while Kinross has 26Moz Au reserves. So this is a major-scale project. The economics of Metates are good, with after-tax NPV5 of $1.8B and after-tax IRR of 11.3%, with only $1,400/oz Au price of gold. With current prices it's already a lot better than those estimates and with rising PM prices this project will be very profitable, and the high zinc production is a nice balancing factor too. Really it's the huge initial capital costs that are the biggest problem for the project.

Their Nevada project Talapoosa, of which they hold 75% interest, hosts 1.2Moz Au, 16Moz Ag and a 2015 PEA study that assumes prices of only $1,150/oz Au, $16oz/Ag estimates after-tax NPV5 of $136M and after-tax IRR 39% -- with a doubled gold/silver price these estimates will easily be more than doubled. Talapoosa also has more room for resource expansion via exploration. While developing their main flagship asset they're continuing exploration work in their other properties. Their other properties look very promising too.

Sprott invested in August, stating that he has a "long-term view of the investment". Probably >5y till production

[Anonymous No.24649930]

>>24649841
You should have a receipt. As for a long-term capital asset, PMs are taxed as commodities, which I believe do not qualify for the lower tax rates for long-term capital gains.

[Anonymous No.24650031]

CAD milestone

[Anonymous No.24650120]

>>24649930
It depends. Gold jewelry is taxed differently than gold bullion is taxed differently than gold numismatics (collectibles). Also there are tax advantages to holding gold eagles and buffaloes if you’re in the US just like there are tax advantages to holding Brittanias if you’re in the UK.

[Anonymous No.24650127]

>>24649930
Pro tip. Go to dealer. Ask him to swap the ratio. But get it on separate receipts. Discard sell receipt. Congrats on new higher buy price.

[Anonymous No.24650147]

>>24638504
I think it’s time that /pmg/ split into two different threads, one focused solely on physical and one focused solely on miners. For months the thread has been dominated by discussion of miners with almost no discussion of physical. I propose that the new thread be called /mmg/- Metal miners general and focuses on mining of not just gold and silver but all metals. I also think /pmg/ should delve deeper into foreign coins and numismatics as well as bullion, since there’s many people here with more of an interest in old coins than miners. What say you /pmg/?

[Anonymous No.24650174]

>>24650147
Start an MMG. If you build it they will come

[Anonymous No.24650185]

>>24650147
I second. I think it should be /msg/ though. Mining Stock General

[Anonymous No.24650258]

>>24650127
Would they even do this? Wouldn't they know they are being hosed?

[Anonymous No.24650285]

>>24650258
Why would dealer get hosed. They buy on receipt and sell to you on another. Cash never enters the equation. It’s just dealer credit. If they can play the “bank credit” game so can we.

[Anonymous No.24650315]

>>24647793

A) Is total debt decreasing, or ever-expanding?

B) Will gov let people default on debts and shred money, or will they start debt forgiveness programs?

C) Will they start sending checks if the previous two things aren't enough?

I'll answer for you, because you won't:

A: The later. The fed will start giving loans directly if the banks wont.
B: Guess what they're already talking about re student loans? Mortgages soon.
C: Obviously, yes, and they will formalize as an automatic process done by the treasury & fed when these stimulus payments are more frequently needed.

I'm so fucking sick of this "deflation" shit. It's just the same talking points every time and no answer for the above. I swear I'm gonna have to make a pasta and just post it every thread until you at least attempt a counterargument.

[Anonymous No.24650348]

>>24650285
I should elaborate. In this scenario gold is $5000. Silver is $500.
You sell the dealer 10 silver eagles $5000 in dealer credit. End of transaction. Then you buy 1 gold maple for $5000. With dealer credit. New receipt. Cash never moves. Dealer is happy. You are happy. You now have a gold eagle and 2 receipts. 1 for a sell. Toss that. And a buy receipt for a gold eagle at $5000

[Anonymous No.24650364]

>>24649913
>>24648896
Correction: the initial CAPEX in the updated PFS is "only" $3.5B, not $4.2B. That's a lot better but still not a small amount at all. Also, here's some valuation estimation that I did.
Price to Net Asset Value (P/NAV) ratio: Market cap $227M / ( Metates NPV5 $1.8B + Talapoosa NPV5 $136M ) = ~0.117x meaning the share price is very undervalued when you take into account their projects' estimated value. Worth noting is that these projects are likely going to have more ore than what is included in their value estimates, plus the value estimates assume lower metal prices. This means that (provided gold/silver don't go lower) these projects are worth a lot more than is estimated, both in terms of estimated production and the value of the ore they mine.

If gold and silver stay high and go even higher in the long term (>10 years), this company's shares will be an amazing asset to hold. But again, it's a very long-term investment as they're a long way from production. Also they will have to raise a lot of capital, meaning that shareholders could be substantially diluted in time. Warrants would probably be the best way to invest in this company because of that.

[Anonymous No.24650368]

>>24650315
So what you are saying in essence is deflation is occurring and the government is fighting it by forgiving debt and writing checks.

[Anonymous No.24650400]

>>24650147
This is the worst thing that could happen to this board. Shut the fuck up and deal with it faggot. Go back to retard it where everything is hyper organized and categorized and where small subs die so that there can be tyranny and silencing od free speech. Fuck you faggot. Deal with it. The board in its current state is perfectly acceptable.

[Anonymous No.24650467]

>>24650315
Absolutely based. We are reaching a point where the graph goes to negative or positive infinity. It makes no difference really, but thinking about it in terms of your dollar losing purchasing power to 0, hyperinflation, is most intuitive. Deflation could occur if people were actually repaying debt in large enough amounts that the entire money supply got paid back and there's still debt left over, but we know that the debt will never be repaid so, the money supply just circulates and the debt remains. Deflation will never occur the way >>24650368 is saying. That would mean everybody fighting over the last dollar to pay back their debts with, the ultimately valued dollar, but at that point everybody would know the dollar is worthless. The USD will be hyperinflated to nothing, people won't be fighting to get it to pay back their debts

>>24650400
No it's not, the constant discussion/back and forth analysis of mining stocks has quashed the organic, somewhat inconsistent, spontaneous, joyful discussion of precious metals stacking. It just needs its own channel/space for you guys to brrrrrr data input output about mining companies to each other in

[Anonymous No.24650494]

>>24650147
You should become a politician. You’ve already mastered the art of unnecessary bureaucratic intervention.

[Anonymous No.24650497]

>>24650174
>>24650185
Good to see I’m not the only one that feels this way. I think the world of mining is fascinating but I’m sick of seeing nothing but miners every single thread

[Anonymous No.24650502]

>>24650147
>guys i bought shiny rocks
>ok
there nothing more to discuss about physical.
Eat a dick.

[Anonymous No.24650517]

>>24649913
>>24650364
based and ratio pilled. Glad too see there are some people who actually know what they're talking about in /pmg/. I took a break from g&s for a few months bc of the eternal crab but i'm back in.

Seeing the substantial CAPEX required maybe i'll skip over them. Pure gold or aurcana are worth significantly less but are already in production. I'll probably keep CKG in the back of my mind for future purchases.

Thanks for the DD anon

[Anonymous No.24650530]

>>24650467
>>24650147
>>24650185
what make you think I will leave this thread ? I'm going to keep coming to talk about mining and there is nothing you can do about it. I own both physical and mining compagny, sucks to be stupid and not understand how offensive and defensive position work.

[Anonymous No.24650535]

Dear Anonymous, having look at your >>24650400 counterargument of >>24650147 I have to agree with Anonymous.
Yours truly,
Anonymous

[Anonymous No.24650541]

>>24650400
>This is the worst thing that could happen to this board. Shut the fuck up and deal with it faggot. Go back to retard it where everything is hyper organized and categorized and where small subs die so that there can be tyranny and silencing od free speech. Fuck you faggot. Deal with it. The board in its current state is perfectly acceptable.
Why do you get so angry over a simple suggestion? You have issues and you need to get them checked out

[Anonymous No.24650547]

>>24650147
Honestly I wouldn't mind. It just means more metal threads on the catalog

[Anonymous No.24650553]

>>24650547
This

[Anonymous No.24650583]

>>24650467
>joyful

Youre a gay little faggot who wants your gay little safe space. There is another website that perfectly fosters that environment. Go to /r/gaylittlefaggotsafespace and stop trying to fuck up a perfectly fine thread. Precious metals and mining companies. They go hand in hand and allow for a wide range of discussion but still focused on precious metals. Its called PRECIOUS METALS GENERAL you faggot nigger. NOT "precious metal stack general" you tranny to fucking be. Go dilate and inject your hormones into your faggot little pussy you gay little anime loving coin posting faggot. Stop trying to fuck up my board.

And for the record, i post pics of stack and discuss miners in the same fucking post you little gay faggot.

[Anonymous No.24650588]

>>24650541
you sound like an open borders globohomo faggot.
>if it's NOT how I like it (even though it's BEEN like this), then WE MUST CHANGE IT
fuck off, greta

[Anonymous No.24650631]

>>24642964
>garret ace 400i detector kit
Can you tell us what you got it for? The websight doesn't exactly come out and tell you...

If you had chosen a cheaper alternative what would you go with?

[Anonymous No.24650635]

>>24650541
Because i know how this goes. I have seen this time and time again. You cut up a thread, divide it or make changes and the quality as a whole dies and everything goes to shit. This is why reddit is a shithole and why 4chan became a shithole. You gay little faggots wanting your gay safe space.miners are perfectly acceptable to discuss in a PRECIOUS METALS GENERAL.

[Anonymous No.24650643]

>>24650348
If you are just working the gold silver ration in your favor, won't he end up losing out?

[PMG BAKER No.24650646]

Woah, Seems like I got into a really good place here.
>>24650147
No. Miners should stay with PMG since both are linked hand in hand with each other. Miners itself allows us to realize what is happening on the fundamental level, and allows PM holders & Miners to continue to see what the trends in each sectors are. If we fork the board, then it will create a situation we are both in the dark about what is happening. You can try to do it, but overall. It will not be for the best.
>>24650315
There can be a case for short deflationary pressures, but long term this is all inflationary. The key thing we are missing is velocity within the US economy.

[Anonymous No.24650662]

>>24650530
>>24650502
Why are you getting so offended? I’m not saying you have to go to the miners thread and stay there, but many people here including myself are getting tired of the constant and repetitive miner talk when this general is devoted to precious metals

[Anonymous No.24650668]

>>24650541
ITS THE SAME PRINCIPLE ADS THE CONSTITUTION. NO COMPROMISE. I WILL NOT YEILD TO YOUR SLIPPERY SLOPE OF FAGGOTRY. YOU MUST MAKE A STAND NOW.

[Anonymous No.24650691]

>>24650147
I don't think that would be a good idea. I might be biased because I love talking about miners of course but galvanizing discussion would only be of detriment to everyone. We're already a niche general and splitting the populace like that would make discussions slower, threads could begin going down and we'd miss out on a lot of invaluable discussion regarding pm's in general. Then again I might be wrong but I don't think it would benefit anybody. I like seeing creative stacks, funny images with bullion edited on top, philosophical musings about the state of the economy, speculation and TA on where the prices of PM's are going, talking about the mining industry and prospecting, and of course talking about specific companies. I love the diversity of discussion here. But that's just me
>>24650517
>Glad too see there are some people who actually know what they're talking about in /pmg/
Hehe, just trying my best to learn about investing. These things are pretty easy to learn if you know where to look thankfully.
>Seeing the substantial CAPEX required maybe i'll skip over them. Pure gold or aurcana are worth significantly less but are already in production. I'll probably keep CKG in the back of my mind for future purchases
Yeah if they come out with long-dated (>5y) warrants those might be worth buying. But honestly yeah those CAPEX costs are the Achilles' Heel of Metates, kind of risky to go for shares plus prices can go all over the place during the development of the mine. Of course if they do a lot of exploration and development on their other properties they might create a lot of value to offset dilution, maybe even start up a mine at Talapoosa to get some cashflow before beginning mine development at Metates. Might be worth looking into but honestly I've my eyes on a little shorter term investments, if I was a little, MMMM richer I'd probably put some powder into this company though

[Anonymous No.24650702]

>>24650662
And guess what faggot, nobody care about your feeling AND miner are metals compagny. Where does the metal you're buying come from ? retard.

[Anonymous No.24650712]

>>24650583
>>24650635
Things were great in early 2020 and getting towards fall hearing about pan man, but now all you fucking nigger faggots came in here and shat all over the thread with your dry bland drivel every day and now there's almost no memetic energy or fun. You can fuck off to hell. You've completely ruined the energy of this place and I won't let it go any further.

[PMG BAKER No.24650753]

>>24650662
Precious metals is a broad term. If you want to do a miners try it, but it will cripple all of us in the long run. There is precious metals that must be explored and then processed.
Without Miners, stackers would not see the fundimentals like wall street. If stackers are lost in mining general, then miners would not have a bridge to understand what wallstreet and the robinhooders are processing the data.

[Anonymous No.24650754]

>>24650588
Exactly. This is the death of online discussion in action. Gay little faggot niggers wanting their safe space. Ironic and surprising its happening here. These are just young 20 something's with no experience. Ive seen this happen time and time again in the twenty years Ive been participtlating in discussion boards and I REFUSE to let it happen again here. It will be the DEATH of this thread and after these little niggers get their way, theyll sit in an empty board going "huh? Where did everybody go?" And then they'll join the board we created anyway.

[Anonymous No.24650761]

>>24650702
>>24650668
Jesus Christ you’re acting like children, getting this upset over a suggestion to keep the thread on topic

[Anonymous No.24650775]

>>24650646
Yes based pmg baker. They stay together. Precious metals GENERAL. stack faggots and miner faggots can fuck off and make their own. We stay here.

[Anonymous No.24650804]

>>24650753
Voice of wisdom. This man has seen boards die like I have time and time again. Split the board. It dies. Totally.

[Anonymous No.24650815]

>>24650646
Basado and fusionpilled

[Anonymous No.24650819]

>>24650761
>on topic
Do you need a fucking picture to get the message ? Miner ARE precious metal, just in another form. Its not random digital crypto, its a fucking compagny digging the shit you wants to buy. Now shut the fuck up and choke on a dick, its because of people like you country are going full commie.

[Anonymous No.24650825]

>>24650761

We know more than you and have seen boards die time and time again. I refuse. I am putting my foot down.

[Anonymous No.24650838]

>>24650368

Yes. We are not saying the same thing, because you are doing more than outlining the formula you are making a call on one of the variables.

>>24646865
>I suspect hyper deflation because then they can foreclose on all the assets.

I'm asserting your conjecture above is wrong and that they will print like mad. Betting on government idleness means not buying PMs now, or at least holding a lot of cash. If you are wrong you miss your shot, and you'll be waiting for a dip that never comes.

You need to have more than "suspecting" hyper deflation to make this argument, you need to lay out at least semi-plausible reasoning for why government will sit on their hands long enough for the market to be convinced intervention isn't coming and deflation is, so you can get your cheapies. From where I sit, all evidence from every government in the world suggests that there isn't one.

[Anonymous No.24650844]

>>24650825
>>24650819
based

[Anonymous No.24650848]

>>24650753
>>24650691
>>24650646
Thank you for acting like adults and giving me your thoughts without resorting to name calling

[Anonymous No.24650879]

>>24650848
stop acting like a victim ffs

[Anonymous No.24650905]

>>24650848
GAY BOY GAY BOY GAY BOY GAY BOY GAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOYGAY BOY GAY BOY GAY BOY GAY BOY

FUCKING FAGGOT I BET YOU'RE A JANNY

[Anonymous No.24650907]

>>24644835
Wew, damn. Was that the plunge protection team?

[Anonymous No.24650910]

>>24650643
No you are fairly trading the ratio. He makes money on the buy sell spread.

[Anonymous No.24650917]

>>24650691
>I don't think that would be a good idea. I might be biased because I love talking about miners of course but galvanizing discussion would only be of detriment to everyone. We're already a niche general and splitting the populace like that would make discussions slower, threads could begin going down and we'd miss out on a lot of invaluable discussion regarding pm's in general. Then again I might be wrong but I don't think it would benefit anybody. I like seeing creative stacks, funny images with bullion edited on top, philosophical musings about the state of the economy, speculation and TA on where the prices of PM's are going, talking about the mining industry and prospecting, and of course talking about specific companies. I love the diversity of discussion here. But that's just me

Exactly. No reason to divide such a small and niche board. You want more stack discussion then make it you faggots and stop expecting other people to give you what you want.

>ehhhh nobodies giving me posts that I like


This board being split is what the jews want

[Anonymous No.24650918]

>>24650848
>please don't call me a faggot even though I am one
faggot. Or you are a woman, you choose.

[PMG BAKER No.24650930]

>>24650804
>>24650815
>>24650825
This board is blessed with macoeconomics, sanity, and history backing it up in the sea of degneracy, chaos, Keynesianism economics. If you want to create your own board and fork it. Good luck. I see this happen too many times where they try to do it. The vibe and intentions of the forkers are not there. It is a forced split that I see through agent provocateurs. This indicates that we are right over the target, and want the public to be in the dark.

[Anonymous No.24650933]

>>24650879
>stop acting like a victim ffs
Lol I’m not acting like a victim, just pointing out the fact that two people instantly resorted to ad hominems without even discussing the substance of my argument

[Anonymous No.24650961]

>>24650848
I apologize for the name calling.

[Anonymous No.24650963]

>>24650918
I guess I sure do know how to milk you lolcows

[PMG BAKER No.24650976]

Stick together anons, and keep joining PMG. I will bake the next bread. I got stuff in mind.

[Anonymous No.24650979]

>>24650848
kind of sad really to see some get so overly defensive (or is it offensive?) only because you asked questioned the status quo. I thought a lot of the people here thought of themselves as some kinds of revolutionaries... Many here at the very least does question the status quo of the economy but still got their panties in a twist for your proposal. Hypocrites, the lot.

[Anonymous No.24651030]

>>24650467
>everyone is fighting over the last dollar
>that last dollar is worthless

Anon I

[Anonymous No.24651034]

>>24650930
I was hoping id get to post this picture today.

Based pmg baker, you are a pretty awesome fucking dude.

[Anonymous No.24651059]

>>24650976
Me and pmg baker. We posted the same fucking image. Two bros. Two souls. Seperated and will never meet.

Respect bro.

[Anonymous No.24651081]

>>24650979
Gay purple id for gay purple hair commie.

[Anonymous No.24651084]

>>24650979
>Hypocrites
We dont like printing press. We dont like commie. And here you are, asking about having a safe space because you can't handle people talking about miner in a precious metal general. You are either a retard or an agent trying to fuck up the thread. Don't answer, just shut up and learn about your mistakes.
>>24651034
he is indeed based. Less than based small caps anon, but still.

[PMG BAKER No.24651086]

>>24650979
I am not opposed to forking, but I think it is a bad idea due to the fact we have so little people. The ramifications of doing so will be a loss of understanding on both sides. It will create such a divide overtime that it will get irreconcilable. I am all for more mining info to be talked about. One of the other great people on PMG is PANMAN which is mostly in the mining sector and I respect him a lot. If we can get through this tribulation together, then no amount of crypto shilling will stop us from this point on.

[Anonymous No.24651090]

>>24650174
That's what was said about /evg/ (electric vehicle general) . /pmg/ is a special place though.

[Anonymous No.24651115]

Im about to post pics of my deceased fathers coin collection that Ive never gone through. Lots of south american coins from the 70's and South korean coins. Stay tuned.

[Anonymous No.24651118]

>>24638504
Where would a Canadian acquire shiny boomer rocks?

[Anonymous No.24651145]

>>24651086
We can not. Should not. And will not fork.

[Anonymous No.24651186]

>>24651145
reply to this comment to oppose the forking measure.

[Anonymous No.24651189]

>>24651118
Well your (shitty) choices are SilverGoldBull or Canadian PMX, the latter of which has the lower premiums
It's still cheaper to make larger orders from the US though, even after all the exchange adjustments

I will personally be holding off for a bit since it is Christmas time and the price always goes up before correcting early in the new year

[Anonymous No.24651190]

>>24651030
Let's say the total money supply is 999 paper dollar bills. The amount of debt that has been conjured into existence through trickery and qabbalistic magic is 1000. 999-1000 is -1. That means there will be one less dollar than everybody needs to collectively pay back their debt, so they will fight over the last dollar. Unless everybody just says, "fuck it might as well keep my money and not pay back the debt" and the banker works out a debt forgiveness arrangement to make them a slave for eternity in exchange for forgiving their debt. At that point you're not going to need dollars anymore, so ultimately deflation and inflation merge into one endpoint; The Great Reset. That's what we're looking at except obviously the ratio of debt to money supply is much worse.

>>24651086
Why was /pmg/ popping before all the mining stock talk started in the past few months. In the first half of the year and towards fall it was a much more complementary balance between stacking and mining, very tolerable and even edifying interplay.

[Anonymous No.24651196]

>>24651081
(you)
>>24651084
>And here you are, asking about having a safe space
Never asked for that, was just pointing out your hypocrisy. Calm down faggot
>>24651086
I am opposed to a general split for the same reasons. We'd miss out on a lot of great discussion and there's really no benefit for splitting anyways. The post you're replying to was just me pointing out that people getting their panties in a twist for an innocent proposal is exemplary hypocrisy and I'm underwhelmed and disappointed by apeshit nigger responses like those from fellow /pmg/ denizens.

[Anonymous No.24651200]

>>24650976
This
As someone with hardly any interest in aquiring miners right now and the miner talk can be a bit blah sometimes, I love seeing panmans rock porn. This general can get sidetracked with waifu's and derailed by (((them))) but I like the speed at which the general moves and the economic chatter. If it wasn't for /pmg/ the entire finance board would be nothing but crypto cucks playing monopoly with debt notes.

[Anonymous No.24651210]

>>24650961
Thank you, and I can understand where you’re coming from. But as someone who’s not interested in miners or the stock market it’s kind of frustrating seeing the discussion focused solely on those things

[Anonymous No.24651255]

>>24650147
I don't necessarily agree with this. If you have a thread specifically for precious metals only, I don't think there would be very much interesting traffic at all. Most postings would be of people's photographs of their PMs and questions from newbies that are answered in the pastebins. PMs aren't complicated and the most difficult thing about them is ignoring all the lies (FUD and hype). There maybe little enough traffic that the thread gets auto archived or drops past page 10.

The miner company stocks are related to the PMs and are a much more dynamic thing to discuss as drill results, project management, M&A, and general management greatly influence movement of the stocks. I'm practically certain that the real money will be made in the mining stocks, assuming one has the balls to invest a large quantity of money in the mining stocks, avoid the landmines, and sells before the cycle ends. That's a very difficult thing to do and good quality discussions may improve our chances of getting it right. FWIW, I was late entering the first PM cycles in the 2000s and stayed at the party too long and thus ended up making essentially zero profit (I didn't lose any money either).

[Anonymous No.24651303]

>>24651200
>>24651210
I agree. I'm sorry for the name calling. I like Pan Man talking about his excursions in beautiful scenic places, I like economic discussion keynesianism vs austrianism, I like stacking, I like a little bit of mining stock analysis like with Pan Man's miner lists that he has updated, and some other people giving their opinions on new discoveries and so on. But what we have right now is WAY too one sided. There needs to be some sort of compromise. It is possible to have a fast moving thread the way I'm describing, I know because it was very healthy self sustaining and on the first few pages most of the time while being a much different constitution of posts from what it is now.

[PMG BAKER No.24651311]

>>24651084
Oh I was waiting for someone to talk about the utter hypocrisy of tesla & the PE ratios. Tesla charts is fantastic about that.
https://youtu.be/r4Q2q8uuUU0
https://teslacharts.net/
https://investmentresearchdynamics.com/tesla-is-the-poster-child-for-the-golden-age-of-fraud/
>>24651115
Sorry to hear that. Hopefully you get better.
>>24651145
I do agree, but I still allow people to have a free choice. It is like telling a best friend something. You can tell them not to go do drugs, smash into their room to confiscate, but if they still want to do it. You have to let them at a certain point so you can help them when they need it.
https://twitter.com/AP_Trevor/status/1252332093339811840
Also, why is she teaching the youth? Who allowed this?
>>24651200
Same. It is like what you say in family. You bear through each others falts, and disinterests since a cohesive whole is better than fragmented parts. Imagine nations where they split, how did they fair? It is the same here. Can you function in life without your hands? Can you function in life without your feet? No? That is the same with miners and stackers. We both need each other even though we might glaze our eyes over the info.
>>24651190
It is all about balance, and most people do not understand it.

[Anonymous No.24651324]

>>24651118
Silver gold bull and canadian pmx are good middle ground options for a mix of selection and cost. They also have free shipping over a certain amount. Bordergold and the coinhunter/silver maple.ca have the best premiums I have seen, but you pay like 15-30 bucks for shipping, and they have very limited selection. There are also a number of numismatic options like colonial acres with tons of selection, but meh prices. I've been tempted to buy a tube of gold maples or a box of silver maples, and for volume bordergold and silver maple.ca seem to be the best I've found so far

[Anonymous No.24651328]

I think we should all make more of an effort to post some images of metals. That's the best part of the board is seeing other people's stacks. I'll post one once all of my Thanksgiving purchases roll in.

[PMG BAKER No.24651358]

>>24651328
I got that in plan later since I already locked in the image for next bread in my head. I will post some stacks from this thread onto the next one since I let the people get the FPBP.

[Anonymous No.24651371]

>>24651324
Yes I use silvergoldbull and pmx and they have bill payment options with most banks which also make up for their premiums, so you dont have to pay wire transfer fees.

[Anonymous No.24651391]

>>24651311
>Janet Yellen teaching macroeconomics
jesus fuck
Also I like your live-and-let-live approach Baker-kun. We need more people like you here

[Anonymous No.24651399]

>>24651145
Forking would be a disaster, we'd end up with 2 threads that hate each other and die quickly. We don't need to create an unnecessary divide between miners and metals.

[Anonymous No.24651418]

>>24651328
too risky

[PMG BAKER No.24651450]

I know what will unite us all together. Railing on the FED, and the fact that Yellen is able to indoctrinate the masses with here MMT train.

[Anonymous No.24651493]

>>24651399
All I want is just for it not to feel like instead of shilling the latest crypto shitcoin, people are shilling the latest shitcoin miner to each other. That's what it feels like. It's pathetic energy. There used to be much more focus on real money than there is now.

[PMG BAKER No.24651535]

>>24651450
Yellen: "Why not print the gold? Isn't the FEDCOIN digital gold? Ignore us robbing the miners of everything, and keep focusing your your pitiful stack that we will confiscate anyway since you are not supporting a miner."
This is why they want to divide us. How can we support our anons in the field helping us get safety when we are sabotaging them? It makes no sense. Why do it PMG? We need to stick together.

[Anonymous No.24651591]

>>24651190
That would make the last dollar literally priceless since it saves you from slavery. That is hyper deflation.

[Anonymous No.24651642]

>>24651493
>>24651255
I think a fair compromise would be to stop with the super repetitive miner talk (Butthorse, Aurcana, etc.) and try to only post new information. Maybe make a pastebin with everything someone needs to know about miner fundamentals so we don’t spend 50 posts every thread answering the same “What miners should I invest in? Is X miner good? Why is Y miner so shit compared to Z?”

[Anonymous No.24651646]

>>24651591
>Literally priceless
Sounds like we agree

[Anonymous No.24651656]

>>24651493
>There used to be much more focus on real money than there is now.
I have to agree, but only because I'm posting more. I tend to only post anime titties, stacks, and rebuttals when things are obviously wrong. I think the thread quality will be ok through Q1. Supercomputer would probably argue shit will get heated here in Q4 (assuming everything still exists)

[Anonymous No.24651675]

>>24651196
Im just attacking everybody who doesnt explicitly agree with me. I was blindly firing. My temper has subsided. Sleep now.

[Anonymous No.24651699]

>>24651210
I will post stack shortly. I have my fathers old coins from the 70's. Should be some good stuff.

[Anonymous No.24651722]

>>24651675
Sorry about earlier. I think we have more in common than not and I agree with PMG Baker in that it's probably better to try to reform rather than fork.

>>24651642
Yes BHL Butthorse crap is really annoying ("Oh looks like it's up 4% today it's really mooning!" Basedface.jpg) The pastebin is a good idea

[Anonymous No.24651746]

>>24651328
This. Its a fair compromise

[Anonymous No.24651775]

>>24651328
And thats another thing too is most of us have ordered on the holidays and are waiting to recieve before we post. But then again "stack post demanders" could just be jews trying to catalog our inventories.

[PMG BAKER No.24651810]

>>24651328
If people want to, they can post it. If not, do not attack them. It is like free will.

[Anonymous No.24651812]

>>24651722
I will make an effort to post more stack and limit the posts i make regarding miners.

[Anonymous No.24651825]

https://www.kitco.com/commentaries/2020-12-08/Gold-reverses-to-the-upside-silver-close.html
Kitco reversed their short position, they're going long again.

[Anonymous No.24651883]

>>24651328
Indeed. I'll do my part too. Here's a fresh image for y'all, tried to make it as comfy as possible
>>24651675
Let's get along for now at least :)

[Anonymous No.24651888]

>>24651642
The mining stock pumping is bad but I don't think anything can be worse than the cryptocurrency pumping. At least the mining companies are businesses and, assuming they're not outright frauds (a la BRE-X), they should ultimately make money if the geologists did their jobs and the PM is reasonably good. The only question, then, it what an appropriate valuation of the company is.

I think some commentary about general market sentiment might be useful, too, as indicators of when to buy and when to sell. I subscribe to certain newsletters and one with a very good multi-decade, track record has stated that it believes that the platinum bear market is over. That was stated at the start of this month and platinum went straight up about 9% before getting hit for about 3% the past two or three days.

I wrote a posting a few months ago telling people to create a selling plan for their precious metals: At what price, which bars or coins, and to whom. Without this plan, there's good risk that a high could be missed and people ride the price back down. In 2011, I didn't have this plan and missed the selling opportunity in silver when I could have sold at $46/oz or so.

[Anonymous No.24651924]

>>24651642
To be fair, posting pictures of “stacks” is also extremely repetitive.

[Anonymous No.24651929]

>>24651642
>>24651722
>Maybe make a pastebin with everything someone needs to know about miner fundamentals so we don’t spend 50 posts every thread answering the same “What miners should I invest in? Is X miner good? Why is Y miner so shit compared to Z?”
I actually did make that pastebin a few threads back. It's at the bottom of the OP and everybody is encouraged to improve it in any way they deem fit!
>>24651883
Why the fuck is it upside down. How do I fix this?

[Anonymous No.24651933]

>>24651825
What does it matter? They will flip whichever side spot price move

[Anonymous No.24651976]

>>24651883
Here we go

[PMG BAKER No.24652025]

New bread

>>24651998
>>24651998
>>24651998

[Anonymous No.24652031]

>>24651888
What do we all think the high is? I honestly have no idea. Gold could be 5000 next year. Silver could be 50,75,150. Some people even call for 300.

I think that we will all be here during that time and we will all be able to collaborate our speculation to time the high. The only thing im selling my pms for is land which I will use to start a cattle ranch.

[Anonymous No.24652061]

>>24651976
How did you fix the upside down image?

[Anonymous No.24652085]

>>24651976
Very nice. I can feel tension and cortisol draining from my body. That sterling tho

>>24651924
It can be, but there's other things to discuss, just have to keep an open mind.

[Anonymous No.24652124]

>>24652061
I sent the image from my phone to my computer, opened the image in full screen and then took a screenshot of the image.
>>24652085
She's a beauty

[Anonymous No.24652133]

>>24652031
I think when it gets to a satisfactory level, you won't be looking at the spot price, but the black market price

[Anonymous No.24652181]

>>24652031
I don't think gold will be above 2k unless the simulus package flows directly into investments

[Anonymous No.24652268]

>>24652181
...........................
WHERE THE FUCK DO YOU THINK ITS GOING TO FLOW?
Where did the last one flow?
Where does all of the government/central bank free money flow?
ASSET PRICES

[Anonymous No.24652323]

>>24652268
Okay let me rephrase;
If the next stim package actually goes to the people it won't go up unless everyone invests it
If it's like round 1 then yeah everything will probably just go up

[Anonymous No.24652624]

>>24652124
That's really beautiful anon what's the make?

[Anonymous No.24652757]

>>24639406
>>24646541
this is the correct response.
chart m2 money supply over money velocity. they are basically inverse.
it's going to be bad when people start spending again.
>potential blackpill: the velocity never returns

[Anonymous No.24652762]

>>24652624
According to the guy from whom I bought it it's probably of Portuguese handicraft. He had a couple others that were clearly made by the same hands. The guy also had many other junk silver items and artefacts. Had some Russian silver, some I assume Finnish/Swedish silver. A lot of forks and knives and the like too. We had a nice short discussion about patina, I stated that I'm very much of the opinion that patina is of utmost importance in silver items, he echoed my statement by saying that some patina is needed to create a more three-dimensional look for the decorations of this specific piece. He told me that there are people of both schools so to speak, that for some people clear and shiny silver is important. It's important for many to have clean silver for things you actually use though. He also told me about selling these silver items to rich Russian oligarchs -- it's important to keep the patina for those guys because they're not knowledgeable in these silver items. It looks more valuable to them if it looks worn and old and they're willing to pay nice sums of money to get their status-propping Sterling.

[Anonymous No.24653009]

>>24645055
I bought 50 more shares at 11.35

Also sold 5000 shares of Klondike at 12.5.

[Anonymous No.24653154]

>>24650547
Physical thread would just die , keep them together

[Anonymous No.24653199]

>>24651115
Sounds cool anon looking forward to it. Sorry about your dad.

[Anonymous No.24653389]

>>24652762
Nice info anon thanks. That specific piece is a keeper, looks like something straight from a royal state.