/pmg/ - Precious Metals General:

[Anonymous No.25962219]

Bouillon edition

>Why Gold?
https://www.youtube.com/watch?v=i3S4rl6ehiI
https://www.youtube.com/watch?v=gksenA5Al_A
https://www.youtube.com/watch?v=FI7NnOg2rxo

>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/
r/pmsforsale

>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
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
Magnets
https://www.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/

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

Previous thread:
>>25946359

[Anonymous No.25962420]

Silver sale continues lads

[Anonymous No.25962474]

Rolling for green day

[Anonymous No.25962484]

https://www.youtube.com/watch?v=CnLei_4jHO4

literally just rocks in the ground

[Anonymous No.25962491]

Tinka Drills 39 Metres Grading 9.3% Zinc at Ayawilca

https://ceo.ca/@accesswire/tinka-drills-39-metres-grading-93-zinc-at-ayawilca

[Anonymous No.25962788]

>>25962491
>giving money to tinka
There is enough company to boycott retards CEO like that, living off as a king on our back.

[Anonymous No.25962990]

>>25962491
Nice high-grade intercepts from Tinka right there! I'll add to the news pile:

Moneta Porcupine to acquire the O3 Mining owned Golden Bear Project immediately adjacent and contiguous to Moneta's Golden Highway Project in Timmins -- addition of 1.8Moz Au Indicated & 1Moz Au Inferred to total resources, new total resources 4Moz Au Indicated & 4.4Moz Au Inferred
https://ceo.ca/@newsfile/moneta-to-acquire-garrison-project-from-o3-mining-to

Blackrock Gold drilling confirms thick vein at their Victor Target in their Tonopah West Project, Nevada
https://ceo.ca/@newsfile/blackrock-core-drilling-confirms-thick-vein-at-victor

New Found Gold intercepts 18.1 g/t Au over 6.5m including 38.7 g/t Over 2.95m in New "Sunday Zone" Discovery
https://ceo.ca/@newswire/new-found-intercepts-181-gt-au-over-65m-including

[Anonymous No.25963015]

Portfolio asset managers are laughing at us bros, how do we counter?

https://youtu.be/d3dO8BW9RHg?t=44

[Anonymous No.25963317]

I have a question to PAN MAN on how ore amounts are published in drilling reports:

I'm following FCC playing on the green tech and EV future and was wondering if my estimates are right:
Their Idaho mine is indicated at 12.3M lb plus 12.7M lb inferred cobalt in the ground. Does that mean it's approx 400M + 420M USD worth of cobalt over the lifetime of the mine?

How does ore amounts normally correlate with market cap? Is there such a link, or is that more dependent on the cost at which they can dig it out?

[Anonymous No.25963338]

>>25963015

They are objectively lying. Government mouth-pieces. Look at the prices of copper, zinc, lumber, silver, gold, platinum, oil etc. since Q. E. in March despite the fact that we have a broken stagnant economy.

(1/3)

[Anonymous No.25963429]

>>25963338

The recent increase in the price of food and commodities corresponds to the parabolic money-printing which is now going on. "Have a look at US M1, the quantity of narrow money in the American economy. The progression of annualised monetary inflation from under 6% before the Lehman crisis, to 9.6% subsequently until March this year, and 65% in the thirty weeks since is clear from the chart." Observe that 9.6% monetary inflation per annum corresponds with the price inflation which ShadowStats and the Chapwood Index have been finding for the past ten years (about 10%, which the people in that video deny), and that the recent 60% corresponds with what we are seeing in the prices of food and commodities at the moment.

(2/3)

[Anonymous No.25963450]

https://www.rt.com/business/512478-gold-money-of-future/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

"“The reason I’m suggesting that gold is likely to be the money of the future is not only has it always been the money of the past when everything fails, but central banks have it. It is the only means by which they can get that currency going again, so that government can continue,' (Alesdair MacLeod) says."

[Anonymous No.25963495]

>>25963338

The recent increase in the price of food and commodities corresponds to the parabolic money-printing which is now going on. "Have a look at US M1, the quantity of narrow money in the American economy. The progression of annualised monetary inflation from under 6% before the Lehman crisis, to 9.6% subsequently until March this year, and 65% in the thirty weeks since is clear from the chart." Observe that 9.6% monetary inflation per annum corresponds with the price inflation which ShadowStats and the Chapwood Index have been finding for the past ten years (about 10%, which the people in that video deny), and that the recent 60% corresponds with what we are seeing in the prices of food and commodities at the moment.

(2/3)

[Anonymous No.25963599]

>>25963495

The idea that "deflation is the problem, not inflation" is an old banker meme. They were telling it even when gold was $300 an ounce (see article). This is because hyperinflation is a psychological phenomenon, and the bankers want to keep their con going for as long as they can. The money supply soared 400% during WW1 in Germany, but there was no price inflation because people were so preoccupied with the war.

(3/3)

[Anonymous No.25963696]

Is Silver undervalued?

[Anonymous No.25963717]

>>25963317
He's probably asleep right now so I'll substitute the best I can.

>Their Idaho mine is indicated at 12.3M lb plus 12.7M lb inferred cobalt in the ground. Does that mean it's approx 400M + 420M USD worth of cobalt over the lifetime of the mine?
I'm assuming you've calculated the price of cobalt correctly here. This mineral resource estimate is fairly early since Indicated and Inferred aren't very accurate estimates (though we can assume most of the ore is there -- they will no doubt drill more and develop the mineral resource estimate in the future). Your calculation only takes into account the "in situ" value of the ore in the ground. The actual net present value of the future mine will be lower because there is a lot of development that must be done at the asset before mining can begin, and there will be many expenditures throughout the life of the mine + taxes. But as long as there is no economic assessment or feasibility study done it's difficult to estimate the net present value of the project, so the in situ value is a fairly good metric to use here.

>How does ore amounts normally correlate with market cap? Is there such a link, or is that more dependent on the cost at which they can dig it out?
Yeah it depends on the costs and the ultimate net present value, what matters is how much money is left in hand after the mine is closed. Also worth considering is the yearly production or yearly net returns when the mine is fully operational since that contributes to the P/E ratio.

[Anonymous No.25963745]

There has been a lot of talk in "right wing", "patriot", "conspiracy theorist" circles of 1) Trump ultimately winning re-election, and 2) Trump returning the US to a gold standard. The former is a conversation for another time, but the latter is what confuses me. Specifically HOW would instituting a gold standard for the US economy be done? What is the step-by-step process for converting from a half-century of fiat currency back to a gold standard, especially with the insane money printing of late? And if it indeed is a gold standard, not a silver standard, wouldn't the gold price (and gold mining stocks) rise disproportionate to the silver price (and silver mining stocks), at least initially?

[Anonymous No.25963772]

>greatest wealth transfer from west to east
>russia and china
>gold for goods and services

[Floor stacker No.25963835]

>>25963599
Based.

Deflationists have been wrong since 2000

[Anonymous No.25963981]

>>25963745

>Specifically HOW would instituting a gold standard for the US economy be done? What is the step-by-step process for converting from a half-century of fiat currency back to a gold standard, especially with the insane money printing of late?

It is extremely easy to go back to a gold standard; can be done with the stroke of a pen and in the blink of an eye. "Going back to a gold standard" simply means that you allow your national currency to be convertible into gold. You announce that "$15,000 now = 1 ounce of gold," and that is that. People can now redeem that paper for an ounce of gold. Same thing goes for issuing a platinum standard (as we might see in Russia), or a silver standard (as we shall almost certainly see in Latin America).

If Russia and China went back to the gold standard, the dollar would immediately crash to zero, and suppression of commodities on the COMEX would cease. So silver would soar on that basis alone. However, it is almost certain that the Latin American nations would then remonetize silver.

https://goldsilver.com/blog/the-potential-looming-catalyst-for-silver-no-one-sees-coming/

[Anonymous No.25964034]

>>25963981
Also, RIP Canada

[Anonymous No.25964091]

>>25963981
Do you think that the US could potentially choose a silver standard, instead of a gold standard?

[Anonymous No.25964163]

>>25963981
>>25964091
My immediate follow-up question: do you still see silver as having the better investment value proposition than gold, even if every superpower chooses to use a gold standard?

[Anonymous No.25964293]

>>25963745
Instituting a gold standard would probably crash any economy that tried it in the short run. Probably not Russia since their interest rates are more sensible than everywhere else, and maybe not China because their citizens save so much money that new capital would quickly adjust.
The actual mechanics of it would be simple, provided a nation already has gold reserves AND they publish an audit done by the most respected accounting firms from a variety of different countries. The political will outside of countries that have been abused by the dollar is another matter.

[Anonymous No.25964399]

>>25964091

>Do you think that the US could potentially choose a silver standard, instead of a gold standard?

I'm not really sure what the U. S. will do. Is the gold still there in Fort Knox or isn't it, is a question which is often debated. There are theories that J. P. Morgan is hoarding its silver for the U. S. in order to remonetize silver again, but who knows what the truth is.

>>25964163

The historic GSR is 1:15, but even in fairly modern times it has generally been 1:40. So as the GSR is still 1:70, I'd continue to bet on silver even if I felt sure that it would never be monetized again. Again, silver is so critical and invaluable for industry, so rapidly consumed and rarely stockpiled, so quickly depleting from places where it is still easy to mine, so undervalued in price ($25 today vs $850 inflation-adjusted ATH of 1980).

[Anonymous No.25964466]

>>25962219
/ngmi/ general
enjoy missing out on another 40x on bitcoin lmao

[Anonymous No.25964489]

I've just received this for my birthday. Price Eoy?
Is gold the next x1000 moon mission?

[Anonymous No.25964498]

>>25964091
According to Benjamin Fulford he's heard it will be a basket of commodities. Gold, Silver, Copper, Lumber, Oil etc....

[Anonymous No.25964593]

Just did a 2x with AABB. Not sure if I should hold or sell. Shieeeeeeeeeeeeeet

[Anonymous No.25964634]

>>25963450
yep, that's why I have mostly physical gold but mostly silver miner.

[Anonymous No.25964682]

>>25964498
That will never happen. Basket of metals, maybe. But monetizing energy, lumber, and softs will not happen purely because they can't be stockpiled easily. Think about what happened this year with oil. Now imagine we suddenly monetize it without deca-tupling the reserve capacity.

[Anonymous No.25964770]

>>25963981
Techically it is easy. However, that would also require
a) defaulting on existing debt (through inflation or honestly)
b) stop future budget deficits

Step b) is not going to happen unless politicians are forced to it because a) happens and popular demand for gold standard soars. Unless, of course, there is some kind of an plan, which I doubt.

[Anonymous No.25964863]

>>25962788
Hating on Tinka is fun but I bought them fairly high and I'm green- they do seem to be doing solid work. If they start movement like fireweed did, I'll be pretty set.

[Anonymous No.25964944]

>>25963015
Just show them my Aftermath purchase

[Anonymous No.25964985]

HOLY MACKERAL

[Anonymous No.25965033]

>>25964682
why would central banks use pms for currency when they all pushing for digital currencies. they can literally print those into infinity with even more control and less chances to avoid taxes. you pmfags are coping so hard right now its hilarious

[Anonymous No.25965099]

>>25965033
Because if a currency loses market confidence (hyperinflation) their only option is to their deploy gold reserves

[Anonymous No.25965255]

>>25965033

Currencies are already digital. CBDCs are simply the same old fiat currencies but with the extra attribute of totalitarian control by governments. You can make a CBDC but if you hyperinflate it and it isn't backed by anything, foreign nations who have production will dump it. And if you don't have gold to pay for the fruits of their production, you will starve and get nothing.

[Anonymous No.25965310]

>>25964399
If a country does not have a stockpile of gold or silver right now, then it’s basically too late to acquire one large enough to initiate a gold or silver standard economy. If what I just said is true, and Canada, and possibly even the US, do not already own a massive stockpile of PM’s, then this idea becomes impractical and virtually impossible to implement. Do I have that right?

[Anonymous No.25965353]

So is it true that gold is a fear asset?
Biden is laying out a 2 trillion budget and gold barely budges for some reason.

[Anonymous No.25965390]

>>25965033
>why would central banks use pms for currency when they all pushing for digital currencies

Why did the same central banks do a 180 in 2018 and went from selling gold to collectively buying more gold than in the last 60 years combined, then upping that buy rate by 90% in 2019?

Why did the BIS in the last few years re designate Gold as a tier 1 asset when for decades its was tier 3?

[Anonymous No.25965429]

>>25964863
I'm not hating on them, i'm stating fact. I also suspect you are a retarded cryptofaggot because at no point I said they werent a good stock. You will make money with them since they are undervalued, I don't doubt they will do great in the future bullmarket. But, you know, there is something called a soul, I don't feed the beast. For the same reason I don't leave my fiat in the bank, I don't buy stock like Tinka or Great Panther, I refuse to feed the beast. I see absolutely no difference between the FED printing money, a CEO living like a king on investor's back working 4 month a year, and a company putting women before men for the sake of "equality". Everyone has their own principles, I won't break mine for gains.

[Anonymous No.25965473]

>>25965310

Every country will have to go back to a gold standard in the end. It is only that those who are prepared for the death of fiat will thrive from its demise, while those who are not will suffer dreadfully. If your nation doesn't have gold, nor a strong economy to earn gold and stockpile it, then it will simply become a third world country. That is why this is going to be "the greatest wealth transfer in history." First-world nations will be becoming third-world and vice versa.

[Anonymous No.25965505]

>>25965033
The thing is, mouthpieces are pushing an electronic banking crisis right now like they pushed covid last year. If they want a centrally controlled electronic currency they will remove the competition.
United States did this back in the 1860s - all other currencies up until that point could be used in daily purchases since there was no shortage of coins minted by spain, france, and britain.
They'll do the same here. Destroy the competition, roll out their model. With shitcoins it's not physical so if they hit you with an EMP or some viral load that targets shitcoin wallets it's game over and you're a pauper. If my house burns down my gold may melt to the floor but it's still there. With the PM route when they roll out globohomobux our asset will be revalued at that, just like anything else, corn, oil, land, etc. Plus maybe we can trade ours on the side- with a digital currency it's going to be harder on you when globohomo wants to surveil everything. It's not perfect, but it's tangible and valuable.

[Anonymous No.25965514]

>>25965390
>>25965099
>>25965255
ive been literally hearing this same old shit for at least 5 years you fags will an hero once BTC cracks $500k and your boomer rocks cant even crack 2k screencap this

[Anonymous No.25965540]

>>25965310
The only other alternative is to go full banana republic and nationalize mines and do it that way. Probably will happen if you have a negative balance of trade to function and nobody will accept your worthless fiat dollars. A big political risk for countries that deficit spend and have miners that are trading on the open market.

[Anonymous No.25965728]

>>25965429
You do know your posts are anonymous and I can't track your posts back through these threads? Are you Peruvian? Your English is broken.

[Anonymous No.25965794]

>>25965728
>shaming tactics with no arguments
Sorry you're not a cryptobull I guess, just a woman. English is also my 4th language, clearly not my best.

[Anonymous No.25966481]

>>25965794
>can't trace anons posts to see what he wrote in the past
>shaming tactic
Definitely Peruvian. It's a shame to hear tinka ceo has diversity as an industry driver. I can't look into every fag's personal politics. If he wants to trash his company for diversity hires I'll dump when I find something more appealing. Moreso fuck off what the hell am I supposed to disseminate from your 10 word broken english shitpost about this CEO not having enough vag on his crew?

[Anonymous No.25966545]

>>25962219
>that pic
kek

[Anonymous No.25966921]

Are we expecting the Biden stimulus announcement today to rip us to the floor even further

[Anonymous No.25967037]

>>25966921
welcome to the board fren yes whenever something bearish for the dollar is announced jews make sure real money is trashed

[Anonymous No.25967206]

>>25962484
yes you actually have to get off your ass and go digging for it.

[Anonymous No.25967295]

>>25967037
Been stacking physical for a year, but first week DCAing into miners and in getting ruined. Not doubting the next year or two, but fuck this stings

[Anonymous No.25967356]

>>25967295
I hope you know what you're doing anon.

[Anonymous No.25967388]

>>25967356
Prob don’t

[Anonymous No.25967417]

>>25967388
read pastebin

[Anonymous No.25967462]

>>25963717
Thanks a lot for the explanation! That makes a lot of sense.

[Anonymous No.25967514]

>>25967462
No problem. What matters in the end is the economics, the deposit needs to be profitable to mine.

[Anonymous No.25967561]

>>25967417
The whole markets down the past week it’s not my picks, I’m very well diversified

[Anonymous No.25967576]

>>25967356
if our thesis on gold is right you cant really go wrong, just buy the sprott mining index major or junior doesnt matter.
doing alot of DD only matters in a bear market, but if we actually see this hellish financial system collapse it probably wont fcking matter what miners you hold its still gonna be the best investment in human history compared to everything else

[Anonymous No.25967614]

>>25967295

Until we get over $30 silver, anything that happens to the miners is fairly irrelevant. If you aren't seriously underperforming SILJ then don't worry about your mining stocks.

[Anonymous No.25967628]

>>25966921
Biden announces 2 trillion stimulus back and DXY goes up? wtf guys?

[Anonymous No.25967631]

>>25967561
>>25967576
Still worth it to learn about the industry and do some good old work. Better make investments that pay off even when the market crabs rather than ones that depend on rising pm prices.

[Anonymous No.25967685]

>>25967576
I have the same take, or else I wouldn’t be DCAing in, so agreed

[Anonymous No.25967709]

>>25965473
Amazing how people like JFK tried to do this sixty years ago and was "removed from power" for it. And now, here we are, staring at the precipice of going back to a gold/silver standard, or facing collapse. Hope it was worth it, bankers.

[Anonymous No.25967750]

Can I just say FUCK Gayhorse silver

[Anonymous No.25967817]

>>25967631
Good point. I can’t imagine how you all have stayed sane the past few years. I’ve only been lurking and stacking for about a year. Started in March 20 at the lowest low luckily

[Anonymous No.25967853]

>>25967709

Makes you think about all the things which would have been avoided had JFK succeeded. Every war which America has fought overseas to protect the dollar (i. e. virtually every war which America has fought since 1971) would not have taken place.

[Anonymous No.25967858]

>>25967817
Oh I started investing last September myself. But I prefer to do things properly from the beginning.

[Anonymous No.25967901]

>>25967858
I mean I believe in the long term strategy, so just buying the dips

[Anonymous No.25968145]

>>25967853

Could add to this all the cultural decadence which has taken over society since 1971. Moral recklessness is generally a consequence of financial recklessness, as we saw in ancient Rome. e. g. There could have been no welfare state without fiat currencies, with all the generations of broken fatherless homes which that implies. Also no Big Tech, no Big Pharma, or any other evil monopolies which are propped up by inflation and subsidies.

[Anonymous No.25968452]

bros i just ordered 20 ounces of silvertowne silver rounds, am i going to make it?

[Anonymous No.25968465]

>>25968452
Solid start
Make that purchase every month this year and you'll make it

[Anonymous No.25968539]

>>25968145
Pan American Silver just went below $31.50, might add some soon

[Anonymous No.25968545]

Normies/investors see Biden as a return to normalcy so silver and gold dipped, Biden announces another 2.1 trillion dollar stimulus and precious metals dont move at all in price WTF.

[Anonymous No.25968583]

>>25967853
>>25968145
True, but the guilty parties will escape blame, because of the covid pandemic. By the way, I've mentioned this anon/LARP in these threads before, but figured you may find some of his posts interesting. He appeared on /pol/ in 2016 and 2017. Please note that you can search by keyword at the top right. Terms like: gold, economy, stock market, fiat, central bank, Trump, etc. return results of some interesting discussions.

http://hli.anoninfo.net/

[Anonymous No.25968627]

>>25968545
>Biden announces another 2.1 trillion dollar stimulus and precious metals dont move at all in price WTF.
because people (and hedge funds!) are buying crypto to hedge now, pms are literally dead and only morons still hold them

[Anonymous No.25968691]

>>25968545
People aren’t spending yet. There’s stacking cash. Once people are more active thats when inflation REALLY starts. Looks at m0 m1 m2

[Anonymous No.25968710]

>>25967750
>he bought butthorse

[Anonymous No.25968713]

>>25968583

"Ignoring the potential war possibilities, the second question we should be asking is the incoming inevitable monetary system collapse.
I heard that either World Bank/IMF had a technology to imprint gold into paper currency to back it with real value which makes a lot more sense as a system, which would be a rational system with fractional reserve banking removed in the future, my main question however is what do you see happening when all the system collapses on this debt? Ideally we would just protest - destroy the central banks and go for the paper gold but a lot of people both poor and rich will be unhappy about this. Writing off all the debt would be needed as well but that would mean some nations get a massive advantage.
Do you or your fellow insiders have a solution to this problem? Because I am not so optimistic to think that bankers and politicians will just willingly step down.

>>80753803>inevitable collapse
The system is rigged. Spontaneous collapse is the not the nature of a rigged system. Instead, a slow grinding down is what you can expect.
As to gold fetishization, we strongly discourage this. You're trying to stop the bankers from printing freely, but they do this to plug preexisting flaws in the system. It's often presented as if printing money *is* the flaw in the system, but this isn't the case. You guys are advocating removal of a bandaid and calling that a cure."

[Anonymous No.25968843]

seeing tesla being outperformed by bmw and volvo in the european market makes me happy. theres really nothing else i wish for than to see cryptofags getting left holding the bag and teslafags losing 95% of their investment. just thinking about it puts a smile on my face

[Anonymous No.25968869]

>>25967750
yes, you can!

[Anonymous No.25968923]

>>25968545
Norris are in panic tier right now, I work at a bank and a ton of customers have been cashing out their stimulus checks to hide under their beds because "all the federal buildings are gonna blow up" or other stupid shit.

[Anonymous No.25968928]

>>25968627
yes, buy high sell low!

The biz way

[Anonymous No.25968978]

>>25968923
*Normies

[Anonymous No.25969084]

>>25968713
>>25968583

Have to say that he doesn't strike me as especially intelligent. Your posts have a hundred times more value in them and you aren't pretending to be an insider. Would not surprise me if instead of being an "insider" he was actually a psyop like Qanon with the perpetual "2 more weeks, trust the plan" business. Everything which he says about money-printing, "gold-fetishization," etc. is standard misinformed Keynesian trash. Anti-statism _is_ the answer, and money-printing _is_ the origin of most our problems. Howard Buffett got it exactly right in 1948.

[Anonymous No.25969252]

>>25968869
I'd love to see that in Minecraft!

[Anonymous No.25969361]

Silver up $0.43 today, Bayhorse mooning

[Anonymous No.25969440]

>>25968545
If the economy is going to be booming why would you rush into gold.
Gold is for when people are afraid.

You can't have it all ways, where gold is the thing to buy in every scenario. That'd be nuts.

[Anonymous No.25969489]

>>25969361
rectumdonkey

[Anonymous No.25969507]

>>25964489
Make sure it's authentic.
China likes to fake PMs.

[Anonymous No.25969539]

>>25969084
Thank you for your input. Keyword searches of this database for any topic that may interest you will probably return results. These threads went on for nearly a year, I believe. Interesting post from 2016:

"1. Is the big recession still coming in the very near future? After the inauguration? I dumped my holdings a couple months ago and am both amused and annoyed that the market has surged recently.
2. How come hilldawg wasn't able to steal the election? What went wrong?

Yes. Stock market highs are to be expected with a Trump victory. Justifies rate hikes, crashes the value of bonds, thus setting the stage for bank solvency issues all while painting the picture of a booming recovery being handed to Trump for him to "mess up" (be blamed for the planned financial crisis)
Hillary never had much support and turnout was even lower for her than expected. There is a limit to how big of a landslide can be reversed through electoral fraud. Trump's margin far exceeded that limit."

[Anonymous No.25969701]

>>25969539

>Yes. Stock market highs are to be expected with a Trump victory. Justifies rate hikes, crashes the value of bonds, thus setting the stage for bank solvency issues all while painting the picture of a booming recovery being handed to Trump for him to "mess up" (be blamed for the planned financial crisis)

He was correct about the stock-market highs, but this statement doesn't make sense in view of the fact that Trump is now leaving office (unless he really does have a secret plan up his sleeve and the Qanon types are right). Biden is now going to get the blame for the stock market crash, not Trump.

He also says:

>There is a limit to how big of a landslide can be reversed through electoral fraud. Trump's margin far exceeded that limit."

But in view of what happened in the 2020 election, that doesn't appear to be the case. (www.hereistheevidence.com)

[Anonymous No.25969719]

>>25969539
>2016
You sure it wasn't from last week?

[Anonymous No.25969805]

>>25969701

>Biden is now going to get the blame for the stock market crash, not Trump.

(Although, granted, if the Fed goes straight to YCC, the stock-market crash will be invisible and take place only in terms of gold, so the average person will actually think that stocks are going parabolic.)

[Anonymous No.25969806]

>>25965473
How does that work, how would a country like the USA go back to "Third world status". What would it look like, compared to now?

[Anonymous No.25970087]

>>25969719
I read these threads back in 2016 and 2017 when this anon was posting them. Really eye-opening stuff for me back then. Discussions on religion, politics, economy, psychology, liberty, etc. Wanted to share with PMG because I found it eye-opening and thought-provoking, and PMG anons seem to be naturally inquisitive people.

[Anonymous No.25970129]

>>25969806

America is funding the vast majority of its budget and economy with the dollar printing-machine. On the one hand it is severely indebted, on the other it has very little industry or savings (i. e. gold), that is to say, real wealth. When the dollar gets dumped, America won't be able to buy the things it wants or needs with dollars any longer, and instead will have to earn savings (gold) through hard work. It will become exactly as poor as the rest of the world becomes rich. Every country which has manufacturing and commodities won't be forced to sell them for worthless paper any more, and will enjoy the fruits of its labour. While every country which relied on borrowing and printing money to get its commodities and manufactured goods hitherto, will suddenly be left with nothing.

What I have said about America is quite as true of many Western countries (e. g. it is even more true of Britain).

[PMG BAKER No.25970252]

Why did anon mess with the bead?

[Anonymous No.25970595]

Why doesn't the government just print money and buy gold with that money

[Anonymous No.25970674]

>>25970595
what do you think China and Russia have been doing?

[Anonymous No.25970692]

>>25963745
Neither of those things will happen

[Anonymous No.25970749]

>>25970595

>Why doesn't the government just print money and buy gold with that money

Because it would expose the dollar as a fraud. Gold is the direct competitor with the dollar as money. The U. S. does not want dollars chasing gold. There's very little real gold to buy; the spot price which you see on websites like Kitco or Goldprice is taken from the fake derivatives exchange known as the COMEX, where there are hundreds of digital ounces traded for every real ounce in the vaults. They like to do a lot of manipulation there to scare people away from PMs via volatility. But if there was a default on the COMEX, it would be an utter disaster for the dollar. It would show how scarce real money is when compared with paper currency, and make people dump dollars for real goods. The system is extremely fragile and close to breaking.

[Anonymous No.25970770]

>>25970252
seethe more, you going to cry about it you little bitch?

[Anonymous No.25970952]

>>25970770
Begone tranny, back to dilation station with you

[Anonymous No.25970957]

>>25970252
What’d he do?

[PMG BAKER No.25971072]

>>25970952
I reported it for trolling outside of \b\.
>>25970957
He changed up some stuff in the bread. Just copy the stuff in the last one, and you should be good.

[Anonymous No.25971110]

>>25971072
>announcing a report
I’m reporting you

[Anonymous No.25971145]

他妈的犹太人买金和银的猫 !!!

[Anonymous No.25971157]

>>25971145
Based

[Anonymous No.25971245]

>>25971072
learn the global rules, can't announce a report. enjoy your ban idiot.

[PMG BAKER No.25971256]

>>25971145
Well done anon, make sure you do this. 他妈的犹太人他妈的珍妮他妈的CCP他妈的大跃进购买黄金和银猫

[Anonymous No.25971467]

>>25971256

[Anonymous No.25971616]

>>25968452
Silvertowne is best towne

[PMG BAKER No.25971639]

Did anyone pick up some silver during this dip?

[Anonymous No.25971921]

>>25971639
I bought the bottom 3 days ago.

[Anonymous No.25971960]

>>25971616
Nice dollars fren

I coomed

[Anonymous No.25971986]

Love what DXY is doing right now

[PMG BAKER No.25972240]

>>25971921
Good job anon.
>>25971616
That looks great anon.

[Anonymous No.25972434]

>>25967628
These things take time to work themselves out.
Familiarize yourself with the 2008-2009 recession because what's happening now is practically the same thing but on a greater scale.
Oil rising for instance.
Also when the 10-year bond yield goes up that's a bearish economic indicator (as if anyone needed something to tell them this is a bad economy)
GDP down means dollar strength in the short run.
You won't see a correlation between an announcement of $1400 checks and dollar weakness, it just doesn't work like that.
I won't make the same mistake I did in 2009, I literally made a gentlemen's bet with a friend that oil would go up to $150/bl due to money printing, and lost big. He bet on cheap oil and bought calls on SPY and made a million dollars.
I'm not saying the dollar will not eventually fall precipitously but you cannot predict when it will happen (I understand from /smg/ there's a 10% chance of it happening at any time though for so many reasons).

[Anonymous No.25972468]

>>25971986
Brrrrrrrr

[Anonymous No.25972683]

>>25972434
actually sorry the 10 year yield is bullish. I'm going to have to compare these time periods more in depth.

[Anonymous No.25972753]

>>25971639
Not this this time, purchased 2 Sovs instead, pretty damn happy with them to

[Anonymous No.25972770]

bros..

[Anonymous No.25972812]

So why hasn't the Federal Reserve announced more QE / YCC yet? I know the 10y yield has dropped a little in the last few days but the uptrend is still there.

[Anonymous No.25972823]

>>25972812
>So why hasn't the Federal Reserve announced more QE / YCC yet?
waiting until after the election

[Anonymous No.25972835]

>>25972434

The path to gold and silver rising is as follows. A person should hold them at all times in case any of these six black swans occurs:

1) A banking crisis (many banking equities now trading at 30% or less of book value)

2) China, Russia, and other nations dumping the dollar and issuing gold-backed currencies (Russia now owns more gold than dollars, China has 20,000 tons)

3) A COMEX default (deliveries are unprecedented and this could always happen on any month)

4) An official gold-price revaluation

5) Civil unrest or secession in the U. S.

6) War

If not, then the inevitable path is as follows:

1) Yields continue to soar until we get more Q. E. and or YCC

2) More Q. E. and or YCC makes real yields plummet, gold and silver soar

[Anonymous No.25972888]

>>25972823
*inauguration

[Anonymous No.25972935]

>>25972812

The Fed isn't in a rush to announce YCC. They know that it is a death-sentence for the dollar. They will wait until the last possible moment. Whether that means actually waiting for the market to crash or not first I don't know.

[Anonymous No.25973079]

Lads, you might want to buy Scottie soon. 1. it's cheap and appears to be oversold currently. 2. a guy on ceo.ca just called Scottie's CEO Brad and lots of results coming every week from now. 3. PAN MAN approved

dyodd

https://www.youtube.com/watch?v=7_p41bSWL98

https://www.youtube.com/watch?v=STSLFgnbd2Q

[Anonymous No.25973142]

okay guys this is my first metals purchase what do you think?

[Anonymous No.25973204]

>>25971072
>He changed up some stuff in the bread.
what did I do wrong?

[Anonymous No.25973520]

>>25971639
I tried but my local shop is shut down due to the coof. Should I wait for them to open back up or dump my currency into miners?

[Anonymous No.25973758]

>>25973520
I got some PAAS today. Premier silver company and possibly the safest silver miner play

[Anonymous No.25973858]

>>25973142
A good start my dude. Now you just gotta find the pieces you like the most and just buy those as often as you can. Just keep buying within your means and don't overextended yourself.

[Anonymous No.25973892]

ship posting

[Anonymous No.25974099]

Hey pmg has anyone tried to turn their dollars into bags of pennies?

The metal content of a penny is worth five time it's denominated value and ten times it's value if it's a copper penny.

[Anonymous No.25974157]

>>25973079
>dyodd
what am I supposed to find that professionals and insiders havent figured out?

[Anonymous No.25974204]

>>25974099
new pennis post '82 contain 2.5% copper bub

[Anonymous No.25974254]

Am i the only one feeling like PAAS is oversold? The shit was $38.30 last week and today was as low as $31.40.

[Anonymous No.25974312]

>>25974157
DYODD basically means "Don't come crying to us because the company we were discussing and had high hopes for was suddenly nationalized/the CEO died in a tragic mining boating/a golden asteroid just flew over your house" etc.

[Anonymous No.25974364]

>>25974204
Only .007 melt value. What if commodities go on a bull run tho?
Why do we even have pennies anyways?

[Anonymous No.25974377]

>>25974312
junior miners operating in questionable jurisdictions are notorious for this

[Anonymous No.25974388]

>>25974157
it just means that you should confirm yourself that you're going to make a good informed investment, also kind of a disclaimer saying "dont blame me if it goes down -20% the day you buy"

[Anonymous No.25974429]

>>25974204
He specifically said copper penny. As in you sort out the copper ones from the rolls.

[Anonymous No.25974454]

>>25974388
I did DD but chose the day before the -10% across the miner market crash, fantastic start to DCA

[Anonymous No.25974481]

>>25972434
>Familiarize yourself with the 2008-2009 recession
What are stocks going to go on a bull run again? We already had the crash. Are you predicting a second crash?

>Also when the 10-year bond yield goes up that's a bearish economic indicator
That's called bear steepening right? From the way I heard a colleague argue about it, most of the times when the curve steepens the fed says they'll raise interest rates.

However this time the fed said they wouldn't raise till 2022.

[Anonymous No.25974493]

>>25965429
>I don't buy stock like Tinka or Great Panther
why not GPL?

[Anonymous No.25974498]

>>25974454
well you win some you lose some, mistakes happen no matter how well you do your job. It's only human

[PMG BAKER No.25974505]

>>25972753
Those sov are fantastic. Good work anon. Why not go on a fishing trip?

[Anonymous No.25974561]

might corner the war nickel market later today

[Anonymous No.25974587]

>>25974254
I sold 20k of it last week, idk you tell me. shitty stock, imo.

[Anonymous No.25974708]

>>25974377
Are they really? Can you name a few recent examples? I'm not saying you're wrong, but it seems like, in the middle of a PM bull market, the risk is attenuated somewhat with metals prices higher and new investment capital flowing into the sector.

[The Devil !!IS5d++ZfZqB No.25974759]

Got a shit ton of mercury dime, boy oh boy I can't wait to get my ugly little dick sucked!!!

[Anonymous No.25974779]

>>25974364
>why do we even have pennies?
Because 200 years ago a penny was actually a decent amount of money to have in your pocket.

[Anonymous No.25974809]

>>25974587
Damn, i just bought 100 shares.
Why do you think it's poopoo, fren?

[Anonymous No.25974871]

>>25974254
>>25974587
>>25974809
and this is why you DYODD

[Anonymous No.25974894]

How easy is it to find gold out in nature?
I live in europe and my parents own a few hectars of land on a hillside.
The area is famous for marble mining. How likely is it to find some small gold veins in marble?

[Anonymous No.25974909]

>>25974254
>Am i the only one feeling like PAAS is oversold?
no, I bought 200 shares today, will probably be $38+ again within a week

[Anonymous No.25975212]

>>25974894
You'll be looking for a while I think. If you're able to find outcrop that contains rocks that is are known to host visible gold in the area then I guess you have a chance to find a gold vein on the surface. But I don't think you'll be finding any gold veins without some prospecting knowledge at least. Honestly you're better off going panning if the area has any rivers or creeks.

This might be relevant to read
https://www.911metallurgist.com/lode-gold/

[Anonymous No.25975246]

>>25974809
>50% institutional ownership
>lots of liquidity so easy to dump when getting margin called
>better opportunities for undervalued companies
I prefer, AG only because that lawsuit w/ Mexican government is fud and I like Keith.

[Anonymous No.25975252]

Started the day at -1% and now i'm at +2.5%. Feels good mane

[Anonymous No.25975413]

>>25975212
thanks

[Anonymous No.25975439]

>>25975212
>>25974894
>>25975413
I'll correct myself: you don't necessarily need to find visible gold of course, just enough that you find gold-bearing mineralization.

Gossan is also a good indicator for mineralization apparently.
https://www.youtube.com/watch?v=PvlriatmSNY&ab_channel=911Mining%26Prospecting

[Anonymous No.25975576]

how long will i be bagholding pure gold mining?

[Anonymous No.25975695]

>>25975576
Man I'm glad I sold when I realized how overvalued the company was. Don't worry though anon it will go up along with gold and if they are able to increase mineralization at the 8 Zone and near that and the grades turn out to be high then the market will begin revaluing the company higher no doubt. Pan Man for example is expecting at least C$4 for the share, you'll just have to wait for them to get those drills turning underground.

[PAN MAN No.25975908]

>>25962484
o man australia looks so nice, too bad the heat / humidity would probably melt me.

[Anonymous No.25975941]

>>25975908
well speak of the Devil, morning!

[Anonymous No.25976173]

Anyone hold SPG? it's up 20% for me since June plus it has a tasty dividend

[Anonymous No.25976281]

>>25975908
Good day future Aussie PAN MAN! I'm now locked and loaded with Scottie, the next few months could be a lot of fun!

[Anonymous No.25976335]

>>25976173
wrong thread sorry pet rockers

[PAN MAN No.25976409]

>>25974894
go have a look in local archives or google for gold / metal mines in the area. Figure out what kind of rock those mines are hosted in and see if outcrops anywhere else.
>>25975439
yep a "gauson" is just the exposed oxidized layer of dirt and decomposed ore body exposed at surface. This is also the most concentrated part of the ore body as it has sat close to water and air for millions of years decomposing all the oxides down allowing PMs to accumulate in a rich thin layer.

[PAN MAN No.25976571]

>>25975941
>>25976281
morning guys just having coffee than back on out, these new guys are way greener than i though... o well we get what we get, we will see how many of them last.

[Anonymous No.25976699]

>>25976571
show those whippersnappers how it's done ;)

[Anonymous No.25976872]

>>25974809
it's not poopoo, and ever since last August with all the silver crabbing PAAS has been really easy to swing trade

[Anonymous No.25977162]

>>25975246
I was planning on using PAAS as a hedge against investing in some juniors or smaller cap miners. Would you say AG or Hecla are better options then?

FWIW I was already going to buy AG shares regardless.

[Anonymous No.25977381]

>>25977162
could be wrong, but I'd say AG is more pumped as of today than PAAS and AG has more jurisdictional risk

[Anonymous No.25977563]

>>25972835
7) The feds declassify alien existence and it turns out there are greys living in fort knox with a replicator making gold. Ayys go Brrr. We are all wrong.

[Anonymous No.25977977]

Hmm, what the hell Bayhorse.

[Anonymous No.25978042]

>>25977563
>>25977563
crazy, yet... oddly plausible.

[Anonymous No.25978355]

ships

[Anonymous No.25978669]

>>25962219
I asked this in the last thread but never got an answer:

When dealing with pre-33 gold coins, how much wear on the coin is there relative to the condition? How much more gold would an AU coin have compared to just a “Fine” condition one?

[Anonymous No.25978673]

>>25977977
It’s hard not to like the fundamentals of Bayhorse, but it is strange that they have been completely immune to rising silver prices. I guess they’re just a lot more under the radar than we think. If someone were so inclined, this would be a great time to continue to load up on shares cheaply. There’s a poster on CEO who says he has 3.8 million shares.

[Anonymous No.25978711]

>>25978673
they have basically 0 volume yet..

[Anonymous No.25978974]

Pic related is a must have for every patriot

[Anonymous No.25979109]

Are you guys all in on silver or are you buying gold too? I’m a poor fag so I’ve only been stacking silver at this point but I’m about to break 100oz and thinking about getting some gold too. Or should I just wait for the GSR to drop to ~50 before even thinking about gold?

[Anonymous No.25979110]

>>25978974
Can the Chinese order from Ebay?

[Anonymous No.25979172]

>>25979109
For physical I made the mistake of starting with 100oz Ag. Should have bought at least one ounce of gold but oh well, mistakes were made but I'm sure silver will do its job well enough in a hyper-inflation.

[Anonymous No.25979343]

>>25974481
I think a second crash is a very likely possibility. We only had a liquidity crisis in March. An insolvency crisis, which is different, was only postponed by govenrment intervention. There are lots of people and businesses who can't pay their bills, mortgages and rents. The Fed can print money and control interest rates, but they can't pay peoples mortgages for them.

I think it is highly unlikely that the Fed will raise interest rates, period. The only quick way I can explain it is to say it just isnt an option. Other developed nations, like Japan, had negative real yields about 10 years before the US, and they have simply kept them around a nominal zero percent.

[Anonymous No.25979357]

Will this have a premium during shtf scenario?

[Anonymous No.25979427]

If SHTF and the dollar collapse and gold and silver Skyrocket will copper Skyrocket as well just curious

[Anonymous No.25979563]

Anyone on Fidelity want to buy my Dolly Varden bags?

0.56 / share USD - 1679 shares

[Anonymous No.25979749]

>>25979427
I’m not sure the term skyrocket would be accurate, but it would significantly increase in value.

[Anonymous No.25979841]

>>25979109
1/10 oz gold coin is very budget friendly also looking to some European gold coins they can be very affordable too

[Anonymous No.25979952]

I have silver $45 calls expiring Jan 2022 am I going to lose all my money?

[Anonymous No.25980059]

>>25979952
Looks like it

[Anonymous No.25980082]

>>25979343
>insolvency crisis,
This makes me think the reason every European country is doing draconian lockdowns which or even worse this week is because the financial system is about to shit.

I didn’t even get my 600$ stimulus crumbs.

[Anonymous No.25980101]

>>25980059
Why?

[Anonymous No.25980261]

>>25979952

probably. SLV is shit and silver / gold look like they might crab for a little which will cause time decay for you

[Anonymous No.25980316]

>>25980082
>I didn’t even get my 600$ stimulus crumbs.
atleast we get cheap ffp2 masks

[Anonymous No.25980330]

>>25979952
>2022
You'll probably just barely make it, although you may have to sell the calls for a small loss.

[Anonymous No.25980648]

>>25979841
I always thought 1/10th oz cons were a meme with crazy premiums. Do you actually buy them?

[Anonymous No.25980812]

>>25977162
I like AG. Plain and simple. PAAS was shilled by a bunch of rock boomers on some metals vlog last year and I bought in around $35-36ish. It was painful because it started dumping immediately after (like the next day). It then dipped down to like 29ish and I backed up the truck to average down. Then I sold around 34-35 last week.

[Anonymous No.25980951]

ordered this today (1kg) anybody has it ? will come quite useful when shtf to pay for your groceries

[Anonymous No.25981064]

>>25978673
I'M FINANCIALLY RUINED

[Anonymous No.25981085]

>>25974505
I see the " I lost my stack in an boating accident " a lot on here , what is the likelihood of governments coming after our precious stacks, just kinda curious incase I need to go " fishing " ?

[Anonymous No.25981173]

>>25962219
Someone answer >>25978669 please

[Anonymous No.25981281]

>>25981085
I would start worrying about that /after/ they start coming after our guns. Until then I think we're safe.

[PAN MAN No.25981531]

>>25981173
i am not sure exactly, but the easiest way would be to weigh a set of coins your self and see what the difference is, I am not sure how noticeable it would be though.

[Anonymous No.25981533]

>>25981085
Take your guns fishing first, then if you loose them take your PMs on the next trip. Just in case.

[BDZ No.25981544]

Dude, there is no way out now.

The FED cannot raise rates at all.

The government debt is now going exponential.

They cannot repay it.

So what will the FED do?

Keep rates at near zero then zero and then negative if possible.

We are in the final stages now.

[Anonymous No.25981691]

>>25981064
>>25978673

>the bottom wasn't in on butthorse

sometimes i think you guys outsmart yourselves by being TOO autistic with these junior JUNIOR miners. Like Hecla, First Majestic, etc are too "mainstream" for you so you end up with butthorse and silver spruce penny stocks literally all-or-nothing bets

[Floor stacker No.25981891]

Platinum prices are absolutely breaking out, that tells me the metals are not in a bear market at all.

[Anonymous No.25981944]

>>25981544
Been hearing that for months and months and months now.
but sure thing buddy, whatever you say.

[Anonymous No.25981984]

>>25980648
they are a meme, don't go under 1/4oz with .999 gold

[Anonymous No.25982014]

>>25981281
You have President Kamala about to take office ( that old guy is irrelevant), does this not concern you that your guns are gonna go ?. I'm a Bong btw ..

[Floor stacker No.25982044]

It's been true for years. The world reserve currency won't die overnight, its death will be by a thousand cuts, if you can't see that the current paradigm is unsustainable then you're really not going to make it.

[Anonymous No.25982047]

>>25981085
Not likely, something like only 0.5%-1% of people in western Countries own G/S so its pointless doing confiscation again and besides Trump and the Generals who put him in power wont be allowing a bunch of commie traitors take over so once America is liberated the entire west will be too.

[Anonymous No.25982050]

>>25981984
My lcs charged a constant 8% premium on any gold size. I got several 1/10ers because of that.

[Anonymous No.25982087]

>>25982050
well I don't have any LCS in my country so

[Anonymous No.25982106]

Where can I watch if gold is mooning or dumping

[Anonymous No.25982152]

>>25982106

google "gold futures"

[Anonymous No.25982184]

how do i know when to sell my miners? when will the top of this PM cycle be?

[Anonymous No.25982259]

>>25982106
https://www.bullionbypost.eu/gold-price//today/ounces/USD/

[Anonymous No.25982330]

>>25982184
Sell when you've made enough profit to satisfy your initial price target. And if you feel like you still want to own the stock then just sell maybe 1/3 or 1/2 or more of your holdings and keep a position.

[Anonymous No.25982370]

>>25982259
Bullish

[Anonymous No.25982427]

dolly varden is either held by some weak fucking hands or there is alot of profit taking recently

[Anonymous No.25982524]

>>25972434
One of the signs for hyperinflation looming is when M0 reaches GDP. Some experts consider this to be the point at which heavy inflation will start or hyperinflation may happen. The US is further away from this (M0/GDP approx 40% now) than the Euro zone (>70%). You can look up articles about seignorage capital for this. Then again: After inflation has happened, the GDP will be nominally larger and thus there is more money that can be printed. The difficult part is that at no point can a government let people lose confidence in the fiat, that's when hyperinflation happens. That said, the collapse can be postponed indefinitely if a balance is found between trust and not getting over the seignorage capital tipping point.

[Anonymous No.25982574]

mail call, most expensive piece of metal i own now

[Anonymous No.25982649]

>>25982427
Yep absolute paper hands

I'm financially ruined.jpg

[Anonymous No.25982678]

with jacket

[Anonymous No.25982714]

>>25982649
Don't you fellas love sitting here feeling so absolutely smug knowing that nobody can be as comfy as we are for the coming financial superstorm?

[Anonymous No.25982811]

>>25982714
lol no nigger. i want to sell out of this shit and re-deploy the money into winners, not losers

the fed has gold / silver in a crab and might be that way for a couple months

[Anonymous No.25982904]

>>25982649
>>25982427
>tfw I didn't invest in Dolly Varden
I love my gold miners

[Anonymous No.25983083]

>>25982649
>>25982427

[Anonymous No.25983087]

Can anyone tell me why Great Panther (GPL) is sitting at less than 300M market cap while producing 150,000 (eq) ounces of gold a year? The valuation seems absurdly low. Am I getting a bargain or getting scammed buying into it?

[Anonymous No.25983152]

>>25983083
>only 5% management ownership
yikes

[Anonymous No.25983188]

>>25982574
>>25982678
big boy bar

[Anonymous No.25983239]

>>25981691
You raise a fair point. In terms of risk tolerance, and opinions on leverage vs. “safety,” to each their own. And I wouldn’t consider BHS to be an extreme speculation “junior junior” as you described. I won’t rehash BHS’ value prop because I’m sure you’re aware of it, but I don’t consider it to be an “all or nothing” investment.

[Anonymous No.25983250]

>>25983087
People have said that it's being manipulated as fuck so a bunch of calls expire worthless in the next year and that's why it's been trading and crabbing in such a range for a while now

[Anonymous No.25983267]

>>25983188
yeah, but I want bigger, is 50 oz the next common biggest one?

[Anonymous No.25983278]

>>25983087
You have to look also at how much it costs them to mine that gold. If it costs them $1,800/oz to mine that stuff, then they're barely making money despite the large revenue and they're more likely to start losing money if the price of gold falls.

[Anonymous No.25983390]

>>25983250
Interesting. I just bought a bag before close but it really left me wondering what the fuck is wrong with that company. There are plenty of explorers with similar market caps and meanwhile GPL is producing impressive amount of metal and trading for pennies?

[Anonymous No.25983693]

>>25983267
I think so yeah go for it

[Anonymous No.25983777]

>>25983087
It's less about how much they produce and more about how much money they make. Also worth looking at how much ore they have left in their mines or what the current net present value of their mining assets are. A lot of things can contribute to the stock price.

[Anonymous No.25983794]

>>25983278
>you need to look how much it cost them to mine that gold
They report AISC of 1,350 – 1,450 USD/oz which to me sounds reasonable considering this current bull market.

[Anonymous No.25983838]

>>25983794
That's quite high compared to peers. They're barely turning a profit at current prices!

[Anonymous No.25983952]

>>25983838
I know it's high compared to many peers but gold has been above 1700 for over six months and it's quite hard to see it dropping below that. In fact personally I am waiting for gold to move up to above 2000 usd in the previous months. There should be plenty of profits to be made even with somewhat higher mining costs. Obviously if gold tanks below 1500 they don't have a business anymore but like I said it's hard to see that happening considering the state of the global economy,

[Anonymous No.25984040]

>>25983794
That's not too bad and it gives them about $60M/year in profit if they're selling the metals at spot price. Are there hedges in place that force them to sell below current spot price? In general, the PM mining companies are hated or ignored and P/E ratios are quite a bit lower than what you see in other industries.

[Anonymous No.25984079]

>>25983838
>>25983250
>>25983777
But thank you all, I appreciate the input.

[Anonymous No.25984195]

>>25984040
I wouldn't know if there are any hedges. I just read their Q4 report and was astonished by their valuation and wanted to ask here if anyone knows anything.

[Anonymous No.25984214]

Anybody know of any other silver coins like the German Reichsmark? I just picked up 8 of the 5RM and want some more period pieces that are silver but also cheap and not too high above spot.

[Anonymous No.25984344]

>>25983952
but why invest in something that makes a moderate profit if gold goes up when you can find companies that can make moderate profits when gold goes down even? The point is that the markets probably don't want to invest in Great Panther because it's just not nearly as lucrative as others.
Though I'll say I haven't done a very deep DD on this company. I just looked at their operations and thought to myself: "There are much better alternatives."

[Anonymous No.25984360]

>>25983952
>Obviously if gold tanks below 1500 they don't have a business anymore
or if someone dies and they get sued
or if the power goes out for a few days
or if they get shut down on safety violations for a week
or if a haul truck dies and they have to rent one
or if major structural repairs are required
of if they just mismanage the whole thing by a couple percent above optimum cost

tighter margins means much higher risk from normal stuff that happens to everyone eventually.

[Anonymous No.25984400]

>>25982427
>>25982904
I stuck to my "no poo CEO" rule and passed on Dolly Vagene and Poo Lagoon, are they tanking?

[Anonymous No.25984403]

>>25984214
>other silver coins like the German Reichsmark
No and we’ll never see anything like it in our lifetime

[Anonymous No.25984411]

>>25983083
who shilled dolly varden fess up

[Anonymous No.25984499]

>>25984403
Are you sure. I find that hard to believe. I know there’s plenty of American coins, but I don’t want American. I want European or even Asian.

[Anonymous No.25984514]

>>25984344
I agree with you generally. That is why I have invested a lot in Kinross and Kirkland Lake Gold and they are currently my largest positions because I consider them to be steals. They are making serious profits even at these gold prices and would be profitable even in the worst case if gold goes lower. However, I am a gold and silver bull and seeing a producer with less than 300M mc sounds like something that has enormous upside potential if the gold and silver prices keep appreciating. It was the low market cap that really caught my eye in the case of Great Panther.

[Anonymous No.25984519]

What do you guys think about PM streaming companies compared to miners? Something like WPM or SAND

[Anonymous No.25984681]

>>25984411
Dolly Vagene and Strikepoo both have the same poo CEO

[Anonymous No.25984750]

First silver haul acquired. The 100 oz bar feels so good in the hands..

[PAN MAN No.25984783]

>>25984411
That would be me, since I know the area well. I am actually planning on buying more but like I ve said before, I hold for the long term. My second reason I still like Dolly Varden is because Hecla has put a lot of money into the project, they have existed though some of the roughest economic periods for mining because they buy into projects they think will succeed. I am disappointing that management doesnt own more of their own company though, when I first bought them I could have sworn they owned more themselves than outsiders. I ll double check when i get home.

[Anonymous No.25984880]

>>25984411
>>25984783
Not just Pan Man but the silver miner anon has also spoken highly of them and it is obviously also part of Eric Sprots portfolio which is posted here constantly.

[Anonymous No.25984939]

>>25982427
is it time to abandon ship?
every miner will win at the end, right?

[Anonymous No.25984957]

>>25984519
I've held WPM since 16, it's extremely cheap right now.

Sand is also dirt cheap. Buy buy buy


>>25969361
when will the bayhorse anons learn... You guys need to buy a different stock.

[Anonymous No.25985023]

>>25984514
Might want to broaden your horizons to developers and near-term producers. Look into Ascot for example.

[PAN MAN No.25985029]

>>25984880
I am waiting here for something to do for the rest of the afternoon having a coffee again so also mention that it is the middle of the winter now, so news from the projects going to be stale for a while until more assays from the remaining work over the summer come in. If the west coasts weather would make up its mind on snow or rain than drilling could probably keep going, but at the moment that doesnt seem to be the case.

[Anonymous No.25985098]

>>25985029
Did you hear about the O3 & Moneta merger? Huge news, I sure am a happy owner of Moneta right now.

[PAN MAN No.25985156]

>>25985098
nope been busy so didnt see that! I ll have a look when i am home.

[The Devil !!IS5d++ZfZqB No.25985195]

I wish $2.5 gold Indians weren't so damn expensive, the premium on them is basically at 100 %

[Anonymous No.25985201]

>>25985156
I'm sure you will be pleased, you're an O3 shareholder if I recall correctly.

[Anonymous No.25985367]

>>25984957
Thanks for confirmation, I’ve been thinking about picking up WPM for a while but always default to physical stacking when it comes time to put up cash. Are the dividends much, or just a little something extra on the side?

[Anonymous No.25985631]

>>25984750
how many ozs is that?

[Anonymous No.25985662]

>>25985195
I could show you where to find cheaper ones but you're a racist douche and I don't want to help you out.

[Anonymous No.25985675]

>>25982427
Maybe try investing in some real,manly stocks
>pic related

[Anonymous No.25985843]

>>25985675
>Aurcana, Silver Spruce
>manly

[Anonymous No.25986264]

>>25984214
>Anybody know of any other silver coins like the German Reichsmark?
Spanish 100 Pesetas is 80% Silver with an ASW of 0.5 ozt and has Franco on it.
Italy made an .835 Silver 5 Lire coin under Mussolini, about the size of a quarter. Has an Eagle with a Fasces on the back.

[Anonymous No.25986275]

>>25985843
I bet you own BiHorse you fucking faggot

[Anonymous No.25986340]

>>25986275
Sorry; I focus on good companies

[Anonymous No.25986453]

>>25984499
Japan made Silver coins under Hirohito both before and after the war. Prewar you have the 50 Sen coins and Post war you have 100 Yen coins and some higher denomination commemoratives made for the 1964 Olympics.

[Anonymous No.25986496]

>>25986340
I recognize your PF MEKanon. I wish I was like you, being able to invest "only" 350$ in a position, my brain can't go that low.

[Anonymous No.25986540]

>>25986264
The lire is nice

[Anonymous No.25986568]

>>25985662
>racism
>bad
NGMI

[Anonymous No.25986589]

>>25986496
Smaller positions are reserved for shorter term investments in my case. I'm also accumulating some of these still, I want to buy more NHK and FWZ for example... But only so much capital to invest and so many opportunities. Compromises have to be made sometimes I guess. Will probably sell MEK and FFOX once they come out with drilling results.

[The Devil !!IS5d++ZfZqB No.25986645]

>>25985662
Nigger I don't give a shit.

[Anonymous No.25986695]

If PHYS is the only way for me to get into gold should I go for it?

[Anonymous No.25986739]

>>25986695
no you should find a way to get gold

[Anonymous No.25986758]

>>25986695
well yeah if it's the ONLY way then sure go for it I guess

[Anonymous No.25986775]

>>25985662
What ever will he do!

[Anonymous No.25986806]

who else investing in copper CDFs?

[Anonymous No.25986808]

>>25985662
Haha gay fag

[Anonymous No.25986857]

>>25984214
where to get these?

[Anonymous No.25986925]

>>25986264
>>25986453
Bros. Thank you. I love this. I felt like buying rounds and new mints were so boring. This is much more fascinating, looking for the best deal is a lot of fun, and I know I’m buying silver for my make it stack still which is awesome.

[Anonymous No.25986970]

>>25986857
eBay

[Anonymous No.25987030]

>>25986925
Wow. Just noticed my ID is very interesting
>Feee
Sounds very Jewish. Must mean good silver fortune in my future.

[Anonymous No.25987038]

>>25984214
LMU coins, for example French or Belgians coins. Low premium (in western Europe), 90% silver. There's a lot of Napoleon III or Leopold II for example

[Anonymous No.25987283]

>>25962484
that's crazy it's just in a field like that I thought all gold would be in bedrock, riverbeds or rivers

[Anonymous No.25987296]

>>25987038
I saw that guys were selling cheaper from croatia and Hungary. Is it safe to buy from there especially on eBay? I’m no expert, so I feel like I’ll be buying fakes if but from there. Lol.

[Anonymous No.25987338]

Here we go boys hope you've already collected a fat stack and as many shares as you can get your hands on

[Anonymous No.25987425]

>>25987338
I wish they would just make the UI an extra 1k already

[Anonymous No.25987489]

>>25987338
>$350B state Aid
Bail out failed policy which will keep failing

[Anonymous No.25987493]

>>25985631
100 oz
1 kilo
3 10 oz
20 ASE

[Anonymous No.25987545]

>>25982184
If history means anything, the last bull market lasted about three years. My plan is to add to my positions over the next two years, rebalansing and taking profit when prudent.

[Floor Stacker No.25987548]

>>25984750
That 100oz bar looks like it's seen a war lol.

Nice haul!

[Anonymous No.25987571]

>>25987338
Physical stack ready. Still need 6 month for my miner stack to reach 10k and every position filled. Someone stop him, I'm not there yet !

[Anonymous No.25987683]

Jmbullion finally has the Asahi 1 oz gold bars. Just got one. Feels good man

[Anonymous No.25987689]

>>25986925
A lot of older Austrian stuff is also very beautiful, especially the pre-WWI coins. The interwar and postwar Schillings are also pretty nice, but don't really stack up to the Imperial coins.

[Anonymous No.25987941]

ship posting

[Anonymous No.25988010]

>>25987338
This on top already bloaty budget? US is kill

[Anonymous No.25988020]

baker baker

[Anonymous No.25988088]

>>25987489
This is the whole reason Bitcoin was made I. The first place

[Anonymous No.25988188]

>>25987683
other than Asahi what other good brands do you guys like?

[Anonymous No.25988196]

>>25987296
I will not risk it personally. There's a lot of good dealers on ebay, but I wouldn't trust eastern Europe for western coins

[Anonymous No.25988242]

Please bake a medieval gold edition

[Anonymous No.25988291]

>>25987338
Most of that will go into the stock market and crypto. Investors under 40yo seem to avoid the gold scam these days.

[Anonymous No.25988299]

>>25986925
Check out the swiss francs and the Netherlands Gulden.

[Anonymous No.25988314]

>>25988088
This is the whole reason we had a gold standard, It forced government to be accountable and fiscally responsible.

[Anonymous No.25988728]

Who's baking?

[PAN MAN No.25988742]

>>25988242
I ll bake in a bit, pretty much done for the day so I ll do it when I get home.

[Anonymous No.25988853]

>>25988291
>not using free money for a permanent store of wealth
ngmi

[PAN MAN No.25988872]

New Bread
>>25988846
>>25988846
>>25988846

Did it from my phone so please forgive me if I fucked up!

[Anonymous No.25988916]

New Bread >>25988886

[Anonymous No.25988976]

>>25988742
Thanks anon, may Sainte-Foy's statue bless you