/pmg/ - Precious Metals General

[PAN MAN No.26300570]

Middle of the night stacking Edition

>Why Gold?
https://www.youtube.com/watch?v=i3S4rl6ehil
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/66733488

Previous thread:>>26285306

[PAN MAN No.26300584]

dont expect many here just couldnt sleep so heres a new thread.

[Anonymous No.26300608]

Bayhorse riders shall inherit the earth.

[Anonymous No.26300616]

When will the manipulation stop ?

[Anonymous No.26300634]

>>26300584
Hello PAN MAN nice to see that you could bake a thread

[Anonymous No.26300683]

>>26300570

I mentioned a little $5 million mcap junior explorer called First Energy Metals the past few days. Didn't get any attention but I mentioned the constant insider buying and some interesting properties of theirs, like the Scramble Gold Mine. Company just released this interesting NR, "First Energy Metals to Acquire Augustus Lithium Property in Quebec, Canada"

https://ceo.ca/@newswire/first-energy-metals-to-acquire-augustus-lithium-property

Stock price might soar when the market opens so I don't necessarily recommend buying now. But somebody was asking about lithium juniors a few weeks ago.

Also in relation to battery-metals, an interesting article about CCW:

https://www.northernontariobusiness.com/industry-news/mining/gowganda-silver-cobalt-explorer-starting-pilot-plant-to-make-electric-vehicle-battery-material-3274935

"A junior mining company with ambitious plans to be a Northern Ontario supplier of material for electric vehicle manufacturers said it's a step closer to realizing those plans.

Canada Silver Cobalt Works announced last week that a first-stage pilot plant of its cobalt extraction technology will be built by SGS Canada at its metallurgical and analytical labs at Lakefield in southern Ontario.

The cobalt sulphate and refined material produced from their proprietary and environmentally friendly Re-20X process is used in the manufacturing of batteries for electric vehicles.

Canada Silver Cobalt Works wants to be a miner, processor and supplier of a "highly sought-after" premium and ethically sourced silver, cobalt and other battery-grade material for the North American electric vehicle market."

If CCW gets a government grant like FCC then it is instantly going to double. It also might double if the silver assays which are coming, correspond to the core-picture we saw.

[Anonymous No.26300686]

>>26300608
Butthorse

[Anonymous No.26300709]

Why are I seeing so many pink Wojack on this board today? jeez

[PAN MAN No.26300766]

>>26300709
US gov is threatening going after crypto for unrealized gains. That and a list of other bullshit. I am currently snooping native twitter seeing all the blind rage at Biden closing down Keystone XL.

[PAN MAN No.26300807]

>>26300683
I saw the info on CCW building that battery concentrates plant, thats interesting. I ll have a look at First Energy Metals some time tomorrow as I ve heard the name elsewhere but didnt look much at them.

[Anonymous No.26300816]

>>26300608
my Butthorse is ready

[Anonymous No.26300835]

>>26300683
>I mentioned a little $5 million mcap junior explorer called First Energy Metals the past few days
>but I mentioned the constant insider buying
CEO Gurminder Sangha keeps buying very small amount of stock.
>pic related is him
Imma pass.

[Anonymous No.26301022]

>>26300835

It's hundreds or thousands of dollars every day, exclusive buying, no selling, and not simply the CEO buying but one Lyle McLennan who is also part of management. Was a welcome change to me from Klondike where the ceo is an evil predator who does nothing but exercise his options and dump his shares on the market, and who owns literally no shares. So for such a small mcap I thought that I'd give this company a gamble.

[Anonymous No.26301042]

I buyded.

[PAN MAN No.26301079]

>>26301022
That is so bullshit with Klondike, because that region deserves to be brought back from the dead, but I bet Klondike isn't going to be the company to do it at this rate. They did say they were starting drift mining towards several deep ore bodies, but I ll believe it when I see it. such a shame. Millions of ounces of silver in the ground out there, just waiting.

[Anonymous No.26301082]

The pink wojack flood made our thread disappear

[Anonymous No.26301108]

>>26300570
720 reporting in, crypto fags paid for it
>buy low
>sell high
>cash out to real assets
might add more on a dip if there's any in next 2 months

[Anonymous No.26301152]

What is your opinion of Marathon Gold PANMAN? They have been going up steady but the grade always seems low open pit material. I am cautious about CCW, their setup seems kind of haywire if you watch the YouTube videos from about a year ago

[Anonymous No.26301250]

>>26301079

Yes, I still believe that KS may have hundreds of millions of ounces in potential. But if the ceo behaves like this I think that I'd rather bet on the potential of BLLG for an equivalent $40 million mcap. BLLG doesn't have its own mill but does also have the producer-aspect to it, since it has all the required permits and can use Nicola Mining's mill. I'm not sure whether its ground has the same potential as Klondike but the ratio of silver to gold is 2:1 and you have often said in the past that it's your home territory and that you know that it is full of high-grade ore.

[Anonymous No.26301296]

>>26294111
this happened to me once
>go to a LCS and there's a new guy at the till covering
>I pick out 15 50% half-crowns (UK bong here)
>I ask a price hoping to get a few quid off, the new guy seems nervous and quickly checks the price on ebay (he does so but gets the prices for cupro-nickel halfcrowns post 1946 @ £1.50 each)
>he gives me a ridiculous low price as a joblot deal and with a poker face say 'yeah ok, but I might pick up some more since I'm here' then I go ahead and pick out every silver halfcrown I can find in the shop, too bad they didn't have much in that day
that was a pretty good day

[PAN MAN No.26301306]

>>26301152
its been a while since I looked at Marathon, but their Valentine Gold project looked fantastic last time I checked in. I didnt bring them up before though because I wasnt sure where they were going to go price wise. There nearly $3 now but a few months ago I wasnt sure if it was going to be like Pure Gold and keep going or crab like many of our other juniors. Their starting early this year with a new drill program as well, so I ll be watching where that gets them.

[Anonymous No.26301358]

>>26301306
whats the best time to start panning rivers in the northern lattitude? right after the snow melts? or during? or way later in spring

[Anonymous No.26301365]

>>26300608
>silver going up
>every miner going up
>butthorse -12%
Simple as

[Anonymous No.26301389]

>>26300686
>>26301365
cope

[PAN MAN No.26301400]

>>26301250
I keep meaning to go out to my claim where I have all my ore samples stashed and grabbing a few chunks of ore from Dome Mountain and Big Onion for you guys to inspect. I know I snuck a bunch of free mill ore out one day and a bucket of the neat copper chalcopyrite stuff as well through one of the geos on site that would look good busted up fresh. I know I have some ore from their Golden Wonder property too, that was one of my favorite uranium ore sample spots to explore with my grandpa.

[Anonymous No.26301434]

>>26301400

Love hearing about all these old stories of yours, thank you for telling so many of them to /pmg/.

[PAN MAN No.26301440]

>>26301358
just after the water starts going down in the spring, I usually start looking around boulders and such around march though the last few years that was impossible as it was still -30 outside. Generally speaking you want to look where the highest water mark is and where that meets the bedrock and boulder feilds. You will get good gold there every time.

[Anonymous No.26301469]

>>26300683
Thanks for the infos fren

[Anonymous No.26301481]

>>26301296
Do UK LCS even have good prices compared to online, they are so rare here to begin with not sure whether should bother to visit one.

[PAN MAN No.26301530]

O fuck also Nicola Mining pulled through! They did send me a package in the mail, but I think their office staff fucked up, they just send a stock material brochure, not the mill info I was after, I ll call them tomorrow and have them sort that out.

[Anonymous No.26301537]

>>26301389
>shit is constantly losing money
>only worth a third of what it was 6 months ago
>cope
Sounds like the one coping is you, frendo.

[Anonymous No.26301549]

>>26301306
It's hard to tell how much more steam there is in them. 3$ seems high for a junior without a mine, mostly psychologically. People seem to want the penny stocks... At least they aren't all over the place with a dozen different projects. I think barkerville has a lot of potential but it seems to always be a red headed stepchild to osisko compared to windfall. Which is probably years away

[Anonymous No.26301560]

>>26301537
>bought cheap bags from panic selling niggers
>sit comfy while i await the imminent 100x

[Anonymous No.26301610]

>>26301560
I could admit that if the project is indeed solid, getting in now could be a wise decision considering how cheap it is.
Still better than Aurcana at least.

[PAN MAN No.26301624]

>>26301549
With our project now under the Osisko Development company were making headway. Community is finally behind the project after the idiots were all beaten into submission. The areas finally getting cell tower coverage now thanks to the Barkerville Gold Project, and a massive infrastructure upgrade plan is underway to figure out how to fix the power and water systems in Wells BC. Were sending out 3 ore trucks a day from Bonanza Ledge and ores being stockpiled at the QR Mill for spring processing. We really could use more staff though, were running on minimal man power and its really causing problems.

[Anonymous No.26301667]

Shitcoiners are sweating right now, i see bears all over the board and pink wojaks afraid of the eternal jew going after their gains, looks like it will be our time to shine very soon boomerbros!

[Anonymous No.26301699]

>>26301610

That's one thing which I don't understand about the BHS-hatred. It's not as if Graeme O'Neil is some kind of evil predator like the KS or AUN management, he obviously has a good heart and is trying his best despite some missteps. I gave the case for why BHS might be the investment of the century yesterday, it obviously has the usual risks associated with a small company and a one-mine producer but will repeat it here again.

"The historic valuation for a strong miner is to trade at 10x cash flow, in miner bull markets they often get to 30x cash flow. People often don't believe that silver juniors went 150x in the frenzy of the 60s, when silver doubled, but do the maths on any number of miners and you'll see where this is going. Consider e. g. Bayhorse Silver. Their cost per ounce is $10, and they can produce a million ounces per year. Current mcap is $12 million. So imagine at $50 silver, that's $40 x 1 million ounces = $40 million cash flow, x 30 = $1.2 billion mcap, or 100x. Now imagine at (say) $200 silver, that's $190 x 1 million = $190 million cash flow, x 30 = $5.7 billion (that's nearly 500x). At $400 silver you get 1000x, at $800 silver you get 2000x. So you could turn $1000 into $2 million. I know that this sounds absolutely absurd but it's simple mathematics."

[Anonymous No.26301702]

>>26301365
I feel bad for the anons falling for that meme

[Anonymous No.26301705]

>>26301667
>image
Kek. Clownworld.

[Anonymous No.26301738]

>>26301702

Bayhorse isn't a "meme," it's a highly hated stock which none of the Twitter pumpers take the slightest bit of notice of and probably the most undervalued silver stock in the world at the moment.

[Anonymous No.26301804]

>>26301699
>>26301738
You know what buddy? I've some spare cash soon disponible, if you can manage to give me at least 5 good arguments for a BHS bullcase i'll go all in on them.

[Anonymous No.26301832]

>>26301738
GV didn't put it in his list after all !

[Anonymous No.26301868]

>>26301549
Marathon is a producer.

[Anonymous No.26301970]

>>26301804
1) Bayhorse provides you with a 100%-controlled real working silver mine, in a safe jurisdiction (Oregon), at a ridiculously cheap market-cap of only $20 million. (Compare this with the $3 billion of First Majestic, or the market-caps of many explorers which are 10x higher, but don't even have a mine yet.)

2) There are 4 PhD geologists working on the project.

3) The CEO of Bayhorse owns a large number of the shares himself. He passionately believes in the project.

4) He spent $7 million in getting the mine to work, via a creative use of technology, as against the $20-30 million which would ordinarily have been expected. He is very careful with money.

5) We know of at least 6.4 million ounces in reserve, but this number is based on outdated information, and is likely to be substantially higher; at least double.

6) Besides the Bayhorse property in Oregon, BHS has a second property called Brandywine with considerable exploration potential.

[Anonymous No.26301979]

>>26301804

1) BHS has 100% ownership of a safe-jurisdiction high-grade silver mine with an official resource of 6 million 21 oz/t (_extremely_ high grade) ounces, and probably has at least double that number.

2) BHS is capable of producing 1.2 million ounces a year at an AISC of only $10 and therefore can objectively go 100x at $50 silver, 500x at $200 silver and 1000x at $400 silver (see >>26301699). Bear in mind that the inflation-adjusted ATH for silver is $966.

3) BHS has many highly respectable people working for it. The team consists of "Dr. Stewart Jackson, P.Geol., Dr. Clay Conway, P.Geol,, Mining Engineer, Dr. Bill Willoughy, PE, RM SME, and Metallurgical Consultant, Mr. John Fox. Independent consultants Dr. Gerry Ray, P. Geol along with Apex Geoscience, and John Jewitt, a highly regarded Mining Engineer." It is also backed by many respected investors like Bob Moriarty, who says that he "still loves it" and "owns a boatload" even though he bought his shares at double the current price in 2018.

4) Most of the hatred for BHS comes from irrational long-time bagholders or disgruntled investors who don't appreciate the things which can go wrong in setting up a mine. BHS was highly creative and innovative to get going at all for such a small budget. You virtually never see a small company go straight into production. Graeme O'Neil was ingenious in doing some things with permits and the ore-sorter to make it happen.

5) BHS just got an off-take agreement to purchase $2 million of their silver/copper concentrate. These funds will ensure that they can go into full production of 200 tpd without further shareholder dilution. They are already increasing it to 10 tpd of concentrate or 150 tpd of ore (which is very close to maximum capacity).

[Anonymous No.26302013]

Funny, >>26301979 is quoting one of my earlier posts from months ago. It's all still true but what I just wrote >>26301979 has some more detailed and up-to-date information.

[Anonymous No.26302020]

>>26301970
>>26301979
>21 seconds apart
What the hell is going on?

[Anonymous No.26302027]

My friends keep talking about how much fun they have polishing their silver, I don't even have a piece of paper to show for my stocks, how do I cope?

[Anonymous No.26302029]

>>26301624
That to me is where they aren't commited; they need to throw money at people to get them to move. They don't have a retirement package yet for workers and housing prices in Quesnel are very high for where it is. The people part seems to be what is considered last when opening a mine and makes projects further north very expensive

[Anonymous No.26302037]

>>26302020

It's somebody quoting one of my earlier posts in /pmg/ from months ago, I didn't make that post.

[PAN MAN No.26302059]

>>26301970
>>26301979
i am pretty thrilled at how they handled the Harrison project situation. Its obvious their CEO didnt think that project was getting anywhere and cancelled the agreement, listening to his investors who wanted the company to focus on the main Oregon operations. Brandywine will be explored again soon I am sure but getting cash flow from the mine will help a ton.

[PAN MAN No.26302108]

>>26302029
HR is looking everywhere, we may have more men coming from Quebec but they are coming out of retirement. Canada simply doesnt have enough trained underground men or contract miners to go around. Look at Klondike, they had to wait 7 months for men to come available.

[Anonymous No.26302117]

>>26302027
> polishing their silver

[Anonymous No.26302157]

>>26301108
Lovely megabox

[Anonymous No.26302160]

>>26301979
>Bear in mind that the inflation-adjusted ATH for silver is $966.
lol

[Anonymous No.26302172]

>>26301979
based

i just pasta'd one of based silver miner bro's posts from months ago

i'll sell my BHS when there is FUD of genuine substance

[Anonymous No.26302244]

>>26302013
pull up the stats for this chump >>26302160

[Anonymous No.26302323]

>>26302117
he doesn't mean actually polish right? that would remove metal.

[Anonymous No.26302326]

>>26300570
Not gonna lie, I’m going to miss Trump for the next 4 years

[PAN MAN No.26302330]

well I am going to try and at least get a few hours of sleep now, night mates!

[Anonymous No.26302338]

>>26302244
why?
are you guys so dumb you can't check his math?

the inflation adjusted ATH was during illegal manipulation by the Hunt Bros when it went to $120 current. The next and real ATH was $58 adjusted. Most of the time it's tracked inflation exactly since the US dollar of 1776 contained silver now worth $29.

[Anonymous No.26302368]

>>26302160

Do the maths yourself, the Dow:Gold ratio is 1:16 right now and the GSR is 1:70. But when silver hit its ATH, the DGR was 1:1 and the GSR was 1:15. You actually get a much higher number than $966 when you look at it that way, $966 is very conservative. But that's what John Williams of ShadowStats finds, who simply calculates inflation in the manner in which the government used to do so. He also finds that the inflation-adjusted ATH for gold was $20,000. Official CPI says that it's only $3000. Does that sound credible to you? Cf. the CPI saying that inflation is still "2%" even though commodities have nearly doubled since March.

https://www.zerohedge.com/commodities/staggering-levels-real-inflation-adjusted-gold-and-silver-prices

[Anonymous No.26302460]

>>26302338

>the inflation adjusted ATH was during illegal manipulation by the Hunt Bros

This is a falsehood. The Hunt Brothers did nothing "illegal" unless you believe in retroactive justice. All they did was take delivery on the COMEX, end the manipulation, and expose the derivatives price as a fraud. They correctly predicted the inflation that was coming from the dollar's abandoning of gold, and wanted to preserve their wealth. The GSR got to 1:15 in 1980 which is simply its _normal_ historic level, going back all the way to the time of ancient Greece. The mining ratio of gold to silver is 1:8, and in the Renaissance the GSR was as low as 1:3, in ancient Egypt 1:1 or even 2:1. The Hunts themselves thought that a GSR of 1:5 was fair value, and given the enormous value of silver in the modern world for all kinds of technological applications I can't say that I disagree with them.

[Anonymous No.26302481]

>>26301970
Solid arguments
>>26301979
Only 1) and 2) are good stuff, the rest is not relevant.

Alright frens, not gonna say i'm 100% convinced, but i believe in frenship and you seems really involved, i'll dip a toe in BHS as promised. I get my cash credited onto my broker tomorrow, will go all in with it. I hope it will continue to dip today so i can get some extra cheapies.

[Anonymous No.26302497]

>>26302368
oh, so when you said "inflation" you meant converting silver to gold at an advantageous ratio from the 1800's then converting it to stocks during the worst depression in US history, then converting it to how many ounces of wheat a man could buy per hour in Iowa in 1983 and translating that to modern dollars times 1000.

makes perfect sense

in real life an ounce of silver in 1776 bought $29 worth of anything. And silver ATH was $120

during almost the entirety of US history an ounce of silver was worth $1 exactly, no matter what inflation was.

[Anonymous No.26302559]

>>26302497

>in real life an ounce of silver in 1776 bought $29 worth of anything.

Again this is not so.

"Rob Kirby notes that for 3000 years an upper-middle class annual wage was between 40 and 60 troy ounces of silver. We know this because the Greeks and Romans were meticulous record keepers — which provides a nice starting point for translating yesterday’s wages into the estimated equivalent paychecks for today’s laborers.
There are numerous historical examples that show the average pay for a full day’s worth of unskilled labor has been 0.1 troy ounces of silver. Yes, one-tenth of an ounce!

It is generally accepted that lower-tiered Roman solders were paid a single silver denarius (0.12 troy ounces) per day. Likewise, Matthew 20:2 in the New Testament refers to the denarius as being the daily wage for a common vineyard laborer. So, assuming a six-day work week, that equates to 312 denarii per year — or an annual income of 37.5 troy ounces of silver for common laborers and soldiers.

But what about skilled labor and military officers? Well, we know that a talent of silver would pay a skilled craftsman’s wages in Greece for nine years; a Greek talent is approximately 836 troy ounces. Therefore, one can grossly estimate that the annual wage for a skilled craftsman back then was in the neighborhood of 93 troy ounces of silver. As for the military, the lowest-tiered Roman Centurions received 3750 denarii per year, while the highest ranking officers earned 15,000 denarii (between 450 and 1800 troy ounces)."

(1/2)

[Anonymous No.26302580]

>>26302559
>>26302497

"In Charles Dickens’ 1843 novella, A Christmas Story, Scrooge paid Bob Cratchit 15 silver shillings per week. A silver shilling at that time had a silver content of about 5.2 grams — which means Cratchit received 133 troy ounces of silver annually as an accounting clerk.

By the early 20th century, Henry Ford was paying his Model T line workers $5 per day. However most people don’t realize that approximately half of that $5 rate was bonus pay over and above their regular rate of $2.25 per day. But even at $2.25 per day, those early auto workers were earning the daily equivalent of 1.6 troy ounces of silver per day — or about 416 troy ounces of silver annually.

Historical data from Europe also shows that in the last half of the 19th century, common laborers were paid an average daily wage of 0.44 troy ounces of silver, while building craftsmen were paid 0.77 troy ounces of silver. During the Great Depression, an American carpenter could earn $2 per day — that’s the equivalent of 1.4 troy ounces of silver coins at the time — to install a hardwood floor in a Sears-type bungalow.

In 1964, a US Army private earned $78 per month. Based upon the silver content of US currency at the time, that’s equivalent to 724 troy ounces of silver annually — roughly 19 times the pay of his Roman Empire counterpart.

Today a worker making the minimum wage averages, at best, $120 a day. With that in mind, in order for silver to reach the historical valuations it enjoyed two millennia ago, the humble denarius — roughly 0.1 troy ounces of silver — would need to have a melt value of $120.

This implies that silver is currently more than 70 times cheaper on a historical basis than it should be. Think about that."

(2/2)

[Anonymous No.26302603]

>>26302559
c'mon man, I'm not reading your shit

anyone can google what a 1776 dollar is worth adjusted for inflation. It's $29. Nobody needs your copypasta'd books of weird and absurdly optimistic math

[Anonymous No.26302612]

>>26302497
I won't touch any ticker that relentlessly shilled but switching between "overvalued" assets to "undervalued" assets is how you really grow wealth. Gold and silver were definitely hated/manipulated/etc. during 2010-2019 when everyone else was just YOLOing into tech stocks. Or buying a house AFTER 2009, etc.

[Anonymous No.26302626]

>>26302603

My case is made. I showed you that what you said about the historical value of silver is also objectively false and all you can say is that you're too stupid to read it.

[Anonymous No.26302670]

>>26302626
you quoted a price in US dollars and then tried to say you meant roman denarii

you're not really worth arguing with.

[Anonymous No.26302671]

>>26302559
>>26302580
I'm the most bullish man in this world about silver, but anon is right : this is bullcrap, it doesnt account for the fact we mined twice more silver in the past 2 decades than during the past 6 centuries...

[Anonymous No.26302732]

>>26302670

No, the account simply begins with ancient Greece and Rome and then goes forward into the modern age, as late as the 1960s. Cf. what it says about the wages of an American carpenter during the Great Depression, or a U. S. army private in 1964.

[Anonymous No.26302781]

>>26300608
Butthorse will remain at 1¢ for eternity where it belongs.

[Anonymous No.26302827]

>>26302671

Silver stockpiles are at an all-time low. As we often say here, if you have 60 ounces of silver ($1500), you are in the top 1% of silver-holders, whereas if you have 30 ounces of gold ($55,000) you are in the top 1% of gold-holders.

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

We only mine 600 million ounces of silver a year, the vast majority of which is consumed in industry. We have perhaps 100 million ounces for investment in bullion, 200 at the most, and that's it.

[Anonymous No.26302933]

>>26302732
again, an ounce of silver in 1776 was worth just over a dollar and it kept being worth just over a dollar for the next 188 years.

[Anonymous No.26302939]

>>26301738
>undervalued
https://gaineycapital.com/
Load up while you can this thing is going to swing far earlier than butthorse. The CEO of Butthorse is trying to kick the can down the road. Who tf knows why.

[Anonymous No.26302959]

>>26302338
>the inflation adjusted ATH was during illegal manipulation by the Hunt Bros

opinion immediately discarded

[Anonymous No.26302984]

>>26302959
that's not opinion, it's fact

[Anonymous No.26303055]

>>26301804
Don't buy it, literally buy anything else and you'll make money sooner. Their property isn't even that impressive. KOOYF, AAGFF, MMNGF, GNYPF, AVLNF, BARUF, anything man. Don't fall for the trap.

[Anonymous No.26303219]

>>26302933

When you said "$29 worth of anything" I took your meaning to be "in 1776 an ounce of silver bought you what $29 would buy you today." What my posts are intended to show is that, on the basis of wages paid to workers in history, from ancient Greece to modern America, you can see objectively that silver is quite as undervalued as the DGR and GSR or ShadowStats show it to be.

>>26302939

>The CEO of Butthorse is trying to kick the can down the road.

He just got an off-take agreement to sell about $2 million of silver/copper concentrate to Ocean Partners Ltd., which is all the funding he needs to go into full 200 tpd production, so, no, that's not the case. I'm not saying that I trust Graeme O'Neil entirely or that I think that nothing will go wrong, I simply believe that the risk vs reward is irresistible.

>>26303055

You don't buy BHS for the property (which by the way has excellent high-grade 21 oz/t silver), you buy it for the production. If they can do 1 million ounces a year at an AISC of $10 then that's $40 million in cash flow or 3x their current market cap, there is no producer on earth which is so undervalued or which offers such leverage to the silver price.

[Anonymous No.26303246]

>day 21 of the year 2021
>Silber Wieners still below 30$

[Anonymous No.26303256]

>>26302827
I know fren, i know..
As i said i'm the most bullish person you can imagine, those Apu pastas you sometimes see posted dating back from where /pmg/ was in it's infancy, i wrote them.
I've literally 90% of my personal wealth tied to silver, either it be in physical, ETFs, miners or industries tied to it. I unironically do magic rituals so Kek help us pumping the prices to unfathomable levels.
It's just i prefer to use contemporary figures to draw my bullcase than metrics who can't apply in today's world any way, shape or form.
And before you tell me history is an eternally repeating cycle, yes i know. But reality is silver is way to scarce and vital for human development to waste it into making coins out of it. Silver money is not coming back unless the jews fuck up the world so bad we end up going back in the middle age. At least not for the common citizens.

And i find the tech uses and extreme scarcity way more bullish than a silver backed USD. Even though i was the anon who was making a case for it's USD rebasement to fight the gold yuan-ruble last year. Reality is soon only jews and billionaires will be allowed to hoard precious resources such as silver.

[Anonymous No.26303267]

>>26302933

When you said "$29 worth of anything" I took your meaning to be "in 1776 an ounce of silver bought you what $29 would buy you today." What my posts are intended to show is that, on the basis of wages paid to workers in history, from ancient Greece to modern America, you can see objectively that silver is quite as undervalued as the DGR and GSR or ShadowStats show it to be.

>>26302939

>The CEO of Butthorse is trying to kick the can down the road.

He just got an off-take agreement to sell about $2 million of silver/copper concentrate to Ocean Partners Ltd., which is all the funding he needs to go into full 200 tpd production, so, no, that's not the case. I'm not saying that I trust Graeme O'Neil entirely or that I think that nothing will go wrong, I simply believe that the risk vs reward is irresistible.

>>26303055

You don't buy BHS for the property (which by the way has excellent high-grade 21 oz/t silver), you buy it for the production. If they can do 1 million ounces a year at an AISC of $10 then that's $40 million in cash flow or 100x their current market cap at $50 silver at a 30x cash flow valuation, there is no producer on earth which is so undervalued or which offers such leverage to the silver price.

[Anonymous No.26303293]

>>26303219
you werent wrong about the absolute asshurt BHS has caused here. the negative sentiment is unrionically the most bullish indicator i've seen.

>>26303055
just look at this inane cope

>>26302984
>has been proven wrong
>it's a fact!

also

>measuring 'ATH' in USD nominal prices and not historical purchasing power

[Anonymous No.26303303]

>>26300683
I’ve actually been thinking of selling some Klondike Silver and buying more CCW, Frank fud notwithstanding. I’ve researched KS some more and I’m confused what exactly caused it to moon. Like you have said, the KS fundamentals don’t seem to match the market cap anymore (at this silver price), so it may be wise to sell most or all of my position. What do you think?

[Anonymous No.26303312]

>>26300608
Gayhorse CEO shall inherit all bagholders wealth

[Anonymous No.26303318]

>>26303219
>What my posts are intended to show is that, on the basis of wages paid to workers in history, from ancient Greece to modern America, you can see objectively that silver is quite as undervalued as the DGR and GSR or ShadowStats show it to be.
complete bullshit for several reasons but also not important

I'm not disagreeing with that bullshit. I'm disagreeing with your claim that silver ATH adjusted for inflation is $996 or whatever ass number you quoted. At no point in US history did a dollar buy almost a thousand dollars worth of anything.

[Anonymous No.26303327]

>>26302338
>illegal manipulation by the hunt brothers
The ultimate cope. Did you learn about that on CNBC or was it Marketwatch?

[Anonymous No.26303339]

>>26300608
today's the day

[Anonymous No.26303343]

So much butthorse FUD.
Bullish.

[Anonymous No.26303356]

>>26303293
>measuring 'ATH' in USD nominal prices and not historical purchasing power
the anon I disagreed with did that, not me.
Try to keep up kiddo

[Anonymous No.26303364]

>>26303256

Jeff Clark makes a strong case for silver re-monetization. I don't see why it shouldn't happen. If Russia and China are going to use gold, why shouldn't Latin America, India, and Poland use silver? It would be in their best interest to do so.

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

But I don't think that re-monetization is even necessary. We saw the GSR get to 1:15 in 1980, and silver wasn't re-monetized then. We simply saw the COMEX fraud exposed and delivery taken. In other words, to me, silver was simply allowed to reach fair value for a few brief moments, before it was shut down again.

[Anonymous No.26303392]

>>26303327
>Did you learn about that on CNBC or was it Marketwatch?
I was stacking silver when it happened. What were you, sperm in your grandaddy's nutsack?

[Anonymous No.26303407]

>>26300686
>>26301365
>>26302781
>>26303312
Look at the amount of asshurt ONE meme stock causes on this shithole.

I'm unironically picking up another 5k today.

[Anonymous No.26303460]

>>26303364
Do any countries have a large enough horde of physical metal to even think about monetizing silver? They would have to start accumulating from scratch right, that would pump the price to a ridiculous level.

[Anonymous No.26303463]

>>26303267
There's no guarantee that anyone invests, either. The project really isn't that enticing.
>>26303293
Speaking from experience. I own bayhorse. It's the biggest waste I own. If it ever changes, I'll eat my hat. But my guess is that it idles through the entire bull market unable to gain traction.

[Anonymous No.26303480]

>>26303267
Just want to let you know how much i appreciate your posts and i know you have gone above and beyond any obligation(which is zero) you have to the people here who seem to be becoming increasingly ignorant.

[Anonymous No.26303521]

>>26303407
>be 20k up on other miners
>down 3k on butthorse
I'm trying to save you

[Anonymous No.26303561]

>>26303521
alright nigger. what should i be buying RIGHT NOW, low market cap, instead of bayhorse.

[Anonymous No.26303562]

>>26303392
>I was there
Oh were you actually on the exchange floor seeing what was happening, or were you at home watching gone with the wind and reading about “muh manipulation” in the (((papers)))? Your info is second hand just like mine is, except your info sucks.

[Anonymous No.26303581]

people don't know where to put the money and put them all in Amazon or Facebook etc .. in the end the dynamics of ponzi are recreated .. it's a bit low iq always shouting at ponzi the point is that if everyone puts the money in one place x a long time then when they come out en masse they hurt.
An example? The corona virus
One might say '' but did you see how he recovered? Stonks always go up ''
this is true but there are cases like the Nikkei that have been stagnant for years and still are ... think of the European indices that are crap

Going further with the imagination one could see the stock market as `` the toy of the jews '' who pump and dump at will and they manage the media so they can virtually do good and bad times ... in a nutshell. they would have no gains keeping it `` stagnant '' ... for them it's much better `` Stonks UP '' with mini crashes here and there to profit from
Think if you were a jew you wouldn't do that?

[Anonymous No.26303596]

>>26303407
I'll wait for one more drop to 0.085 CAD and im in for another 50000 shares
>>26303521
Buy high sell low

[Anonymous No.26303616]

>>26303303

I actually exited my KS position entirely. The CEO dumping all his shares and being such a horrible person makes me completely uninterested in it, I see it in a similar way to Aurcana now. CCW seems like a really good choice, there are many irons in the fire there, from the silver assays to the Re20x. I don't call CCW core because things can go wrong, but it's one of my largest positions (almost 10% of portfolio).

>>26303293
>>26303407

Negative sentiment is one of the best reasons to buy BHS. There is absolutely nothing priced into that market cap, it is treated as a worthless junk explorer which is going to zero. Sentiment is so absurdly low that the Stockhouse trolls are accusing the CEO of using fake silver ore in his production videos.

>>26303460

There are no real silver stockpiles any more, you can see the data in Jeff Clark's article. I think what you will see is either nationalization of the mines, or (what we can hope for) high taxation of the mines, and taking a cut from the mines, which would then be used to build silver stockpiles. And yes, it would send the price of silver to the moon.

>>26303480

Thank you for your extremely kind words. I really hope that I'm not wrong about anything I'm saying, simply trying to do my best. I have never told anybody else to do anything which I am not doing myself and I have always explained the fundamental basis for why I am doing something, never appealed to authority.

[Anonymous No.26303795]

>>26303318

>I'm disagreeing with your claim that silver ATH adjusted for inflation is $996 or whatever ass number you quoted. At no point in US history did a dollar buy almost a thousand dollars worth of anything.

That's not what it means for the inflation-adjusted ATH of silver to be $966. What that means is that, in 1980, silver had 38x purchasing power relative to today. That exactly aligns with the historical data about wages which I quoted here >>26302580 >>26302559 or the simple appeal which I made to the GSR and DGR in 1980 vs today.

[Anonymous No.26303855]

>>26303407
keep sucking that horse cock, the CEO con man is laughing at you shilling his garbage for free

[Anonymous No.26303857]

>>26303616
What are your thoughts on the possibility of Hecla buying Dolly Varden? Does that limit the upside of DV at all? (I apologize if I’ve asked you this previously, my memory is not the best).

[Anonymous No.26303923]

I'm holding 6250 shares of Bayhorse even if just for the memes at this point. I do not give a fuck if it goes to zero. If the Bayhorse shills are right then this could 10x fuck it lets go

[Anonymous No.26304033]

>>26303795
What are your thoughts on NIM and BLAGF? If you had to choose between one or the other right now, which one would it be?

[Anonymous No.26304040]

>>26303923
If it 10x you're still only getting like 7000 bucks out of it

[Anonymous No.26304069]

>>26303561
I sunk a load into AVLNF BARUF & GNYPF and am up 83%, 23%, and 54% respectively. MGAFF is a good pick, 33% gains on that. If you want to play with fire, maybe check out Orex Minerals. There's a lot to choose from. Why whale all in on one stock and not make any gains for months/years when you could make gains and buy the stock later as long as you keep an eye on it?

[Anonymous No.26304159]

>>26303857

Even if DV is bought out, then the price will soar as a response, and the shares can be liquidated and the capital put to work elsewhere. I think that the inevitability of a buyout if nothing else is one reason why DV is "core" and a stock which you can't really go wrong with if silver continues to rise. We have talked about the unfortunate possibility of DSV getting bought out and the fact that it would do much better to become a producer, but DV mcap is only 1/6th that of DSV, so it has a lot farther to run. What I love about Bayhorse by the way is that the ceo does _not_ seem to want a buyout. He pours his heart and soul into that company and loves the small-producer concept. And if he does become a small producer then you get the ultimate leverage to the silver price.

[Anonymous No.26304183]

(((they're))) pulling the same crap pre-market that they pulled yesterday

[Anonymous No.26304235]

>>26304033

I'm the one who introduced both stocks here (Nicola Mining and Blue Lagoon) and passionately advocated for them. I think that BLLG is more undervalued at the moment, but I own an equal amount of shares in both.

NIM = for a mere $40 million mcap has the only mill in the area for hundreds of junior gold miners, the only mill permitted to process feedstock material from any part of B. C.,; mill cost $32 million which is almost the mcap itself; has the highest-grade copper mine in North American History (Craigmont); a very high-grade silver mine (Treasure Mountain) with 30 million ounces and immense exploration potential; a very high-grade gold property (Dominion Creek), and all mining and milling permits to go into production.

BLLG = Has all permits to go into production, charismatic businessman CEO, silver to gold is 2:1, property is excellent and full of high-grade ore even if the resource estimate is small right now, mcap is absurdly undervalued.

"I’m not bored writing about Blue Lagoon. (BLLG-V) It has yet to show up on anyone’s radar but is a, well, call it a gold mine. Two old guys, now 83, spent $28 million over the last dozen years building infrastructure and preparing the Dome Mountain project for production of high-grade gold. Eventually, while the Exit sign wasn’t flashing, it was illuminated and they realized they needed to turn over the project to someone who could and would finish the last 1% of work necessary.

So in stepped Rana Vig, who picked up the mine for 13.52 million shares then valued at $2 a share. It’s an all share deal. Over the years there has been over $68 million spent on the project. It has a mining permit in place for 75,000 tonnes a year and a toll milling agreement allowing for milling of 200 TPD or 73,000 tonnes a year." -- B. M. in October 2020

https://www.youtube.com/watch?v=IVuaj-NFacQ

http://www.321gold.com/editorials/moriarty/moriarty101620.html

[Anonymous No.26304288]

>>26303616
Your posts are much appreciated. I would never blame you even if butthorse goes to zero

[Anonymous No.26304332]

>>26303855
and he gets to live in your head rent free so it's pretty clear who's the real winner here

[Anonymous No.26304352]

>>26304183
>20 cents
Once again, let me know when it's a 5% down move

[Anonymous No.26304639]

>>26304183
>ridiculous (((attempt))) at a dip already cancelled after 10min
The more it goes, the more pathetic it get. I kinda feel bad for JPM, even though i appreciate their consistency at trying to give us cheapies, sadly it's not enough anymore. I believe today we will go to $27.

[Anonymous No.26304663]

>>26304183
what happened yesterday ?

[Anonymous No.26304670]

>>26304183
the pre-market is irrelevant

[Anonymous No.26304811]

>>26300570
Just a small silver buy frens. It's all equity from here

[Anonymous No.26304815]

>>26304040
>If it 10x you're still only getting like 7000 bucks out of it

its Bayhorse dude, I'll take that. shit's high risk too

[Anonymous No.26304880]

>>26304183
>>26304352
>>26304670
>>26304663
guys.. it's called america waking up. the spot price yesterday was like 25.50, now its almost 26. that is called GAINS. we are fine and silver is trending up. Even Greg Mannarino opened SLV calls

[Anonymous No.26304934]

>>26300570
How much premium should I pay on silver 1oz coins? Atm the spot price is 21,21 euro, and there's a store here selling 2021 Kangaroos (perth) 1oz for 24,80 (roughly 17% more expensive)

Is this premium acceptable?

[Anonymous No.26304949]

>>26304159
Thank you. Speaking of "questionable" management (BHS, CCW, KS), are there any other mining companies you've mentioned in these threads that have management whom you've grown to be skeptical of? CEO.CA seems to have soured somewhat on Tinka's management. Any other silver mining company come to mind regarding suspect management?

[Anonymous No.26304968]

>>26304880
No, I think silver is retarded. Gold is better, especially futures

[Anonymous No.26305004]

>>26304949
>CCW
i dont know about mgmt but i sold out of this stock because it was a shitty performer and too volatile. dropped harder than other stocks when silver had a bad day. got booted from my portfolio

[Anonymous No.26305067]

>>26304968
>Gold is better,

of course gold is better... its fucking gold. the phrase "gold standard" exists for a reason... because all metals must compare themselves to the god whose name is gold

[Anonymous No.26305129]

>>26305067
>because all metals must compare themselves to the god whose name is gold
don't overegg it dude

[Anonymous No.26305178]

>>26302580
>>26302559

Thank you - been curious as to the historical value of silver for some time know. Appreciate you laying this out.

[Anonymous No.26305299]

Not sure how to split up $1700 between dolley varden and bayhorse. Any thoughts?

[Anonymous No.26305311]

>>26305004

You don't buy CCW as a core position which is supposed to be simple and consistent leverage to the silver price, that's stuff like DV, IPT or SVE. You buy it because it has the highest silver grades in the universe (250 _OUNCES_ per ton), for the cobalt (the very town next to their property is called Cobalt) and also for an innovative new technology called the Re20x which takes out arsenic when refining precious metals. Another ultra-high-grade assay or government grant could make CCW soar 2x 3x or 4x in a moment, just like FCC. You don't buy this kind of mining stock to jump in and out of, it is a long-term hold and if you're not in it when the NR comes out you miss the move.

>>26304949

I find that every mining company's management is attacked when the share price is going sideways or down. Everybody loved Graeme O'Neil and BHS in August, when the share price was going up, and then hated him like a demon when it started going down. IRV has objectively some of the best management in the world on the basis of what they have accomplished, but even there some people are now attacking Akiko and making sarcastic nasty remarks like "I hope that the floor has been swept enough by now." Cf. this with e. g. KS which, when it was going up, everybody was singing its praises, even though management was releasing no news, doing no drilling, a complete ghost. Good management is a pretty tenuous thing. I think you can say that people who have proven themselves before like the Lundins (in the case of BSR) can be accorded that title. But then again, you would think that Rob McEwen would be good management on the basis of Pure Gold, but look at the stock price of MUX now. At this point, I'm happy if I know that management simply isn't predatory (like AUN, KS) and generally competent enough to do what I need them to do.

[Anonymous No.26305428]

>>26305178

DV if you want to be completely safe and have a crashing silver price as your sole risk, BHS if you want to take a high risk for the ultimate reward.

[Anonymous No.26305477]

>>26305428
Alright nigger I guess I’m a gambler

[Anonymous No.26305513]

>>26305311
>You don't buy CCW as a core position

it was always a speculative position and a very small one - about 2-3% overall. i didnt like the volatility and the weak hands. I've got Defiance, Abraplata, DV, and Golden Tag still which don't dip as hard for me

[Anonymous No.26305527]

>>26305311

>But then again, you would think that Rob McEwen would be good management on the basis of Pure Gold

Sorry, I meant to say GoldCorp*

[Anonymous No.26305974]

>>26305311
Talking about IRV what do you make of them right now? They are closing to march lows which is totally absurd. The only reasoning for this that I can think of is that there's been very little news and I think the management could do a better job keeping investors up to date. I am sure it wouldn't hurt the share price atleast considering that it has been falling for 6 months now. I also understand that they have only a single drill rig and they've had trouble hiring qualified personnel or slowing down the progress in the project. I have been thinking of DCAing down now that their share price is in the gutter but haven't been able to pull the trigger since the slowness of the project worries me and also the fact that the share price has been dropping even when metals have been gaining which is a worrying sign. Anyway care to weigh in what you make of them right now, seriously undervalued?

[Anonymous No.26305991]

schlomo's up early and just sold more digital contracts

[Floor stacker No.26306043]

>>26305991
Once it bottoms I'll be making my weekly purchase. Thank you Mr schlomosteinberg :)

[Anonymous No.26306166]

>>26304934
country ?
in france best price is 24.55 € for kangaroo 2019... i think your price is good

[Anonymous No.26306226]

>>26305974

I have them at about 5% of my portfolio, which is the same allocation as SSE. They are severely ridiculously undervalued and the only reason why I don't buy more is because I feel uncomfortable to go over the 5% which I already have. I think that that allocation for me is good enough relative to a sudden NR making the share price spike vs the opportunity cost if it keeps irrationally going down. Perhaps people think that Japan will get so bad that mining will never start there again, I have no idea. Besides the fact that Sprott, Hennigh, and Akiko Levinson are the majority shareholders, and that the company has excellent management, I mentioned yesterday their excellent properties; those surely have to provide a floor to the price at some point. "Irving Resources has over half a dozen high grade gold and silver deposits covering past producing mines going back as long as 400 years ago. Irving's primary focus today is on the Omu property located on the island of Hokkaido in the far north of Japan. Drilling began in 2019 and has produced some extraordinary grades and thickness of mineralization in results released so far. Newmont Goldcorp joined as a Strategic Investor in April of 2019 investing $6 million into Irving. In early 2020 Newmont put in an additional $4 million. In June of 2020 Irving made an incredible coup by announcing a non-binding term sheet to come to an agreement on the acquisition of the famous Yamagano gold mine from the Shimadzu family. This mine was in production for over 360 years and was a primary source of the wealth of one of the most important families in Japan. Located on the island of Kyushu the mine is about 11 km from the world famous high-grade Hishikari gold mine."

[Anonymous No.26306246]

>>26305974
>and I think the management could do a better job keeping investors up to date.
And what are they supposed to say ? There is nothing ongoing, gov shut everything down, they only have one drill. IRV is like CCW described there >>26305311 you don't wait for flashy news to keep the stock up, you invest and wait a few years. It's not justified but comprehensible that the stock is going down since there is abolustely nothing going for a year (a bit of action in summer, that's it). You can average down if you are worried about opportunity cost but that's only if you are too heavy; don't touch your core money. Also don't expect anything until at least mid April/May.

[Anonymous No.26306251]

>>26305991
why did it, in fact they can let the price goes up and going multiblionaires...

[Anonymous No.26306307]

>>26306226
We are already at March 2020 level, that's a support. If it break down, expect another 20% to reach April 2019 level. Don't think it will reach that low though, PM will rise before that I think.

[Anonymous No.26306450]

>>26306251
To accumulate, jamie is your fren

[Anonymous No.26306687]

>>26306307

I think that the reason why Irving doesn't do more NRs or PR is simply because there are almost no shareholders to be accountable to. Akiko Levinson, CEO, Dr Quinton Hennigh, and Eric Sprott, own almost half the shares, and seven other shareholders own most of the rest. They can simply keep getting on with things and doing whatever it is that they are doing without trying to please the masses.

[Anonymous No.26306746]

>>26306687

>They can simply keep getting on with things and doing whatever it is that they are doing without trying to please the masses.

And if somebody says "But don't they want the share price to go up?" My answer is, why would they really care? They are holding for the long-term. They have no desire to sell their shares until IRV goes 10x or 15x or 20x or 100x or whatever the case may be, after it proves its full potential. So a higher share price would mean little or nothing to them.

[Anonymous No.26306864]

>>26306746

>They can simply keep getting on with things and doing whatever it is that they are doing without trying to please the masses.

And if somebody says "But don't they want the share price to go up?" My answer is, why would they really care? They are holding for the long-term. They have no desire to sell their shares until IRV goes 10x or 15x or 20x or 100x or whatever the case may be, after it proves its full potential. So a temporarily higher share price in the short term would mean little or nothing to them. They are not penny flippers like most investors.

[Anonymous No.26307059]

>>26301022
I just looked at all the insider transactions over the last year. Its almost exclusively the CEO and the average buy is 1500 CAD. Dont lie.

[Anonymous No.26307154]

>>26307059

Nothing in what you just said is a contradiction of what I said.

[Anonymous No.26307166]

>>26305311
>>26306226
This is what I don't understand. Mining industry "insiders" and experienced mining investors are sitting here FUD'ing these companies for languishing, but the product that they will ultimately sell (gold and silver) has been declining in value for six months, and most of the industries across the world are essentially halted due to lockdowns. How can these people not see the correlations in these things? I know nothing about investing or finance, but getting rich quickly is a near impossibility, and you have to be patient. Why can't these knowledgeable seasoned experts understand the concept of patience? The resources in the ground aren't going anywhere.

[Anonymous No.26307172]

CLF Fucking MOONING

[Anonymous No.26307219]

>>26307172
its not. it already has. it certainly can and most likely will from here, but no longer an asymmetrical play.

[Anonymous No.26307355]

>>26307166

A majority of the people worth listening to on ceo.ca go back a long way. It used to be more like a secret club for mining insiders but quality has declined over the years. It's getting so popular now that the site keeps going down every day, and I see record numbers of people on-line. I find that the fudders and whiners tend to be people who turned up more recently and who are of little or no credibility. I tend to find that the more longstanding and experienced investors have a cooler head on their shoulders. I really like @oldbanker's attitude, that's why I started looking through his history and stumbled on SSE.

[Anonymous No.26307411]

>>26307355
who should i be following there bro? I really like @cannonball.

[Anonymous No.26307722]

>>26307411

I tend to find people respectively useful for one or two stocks in which I am interested. I find that there are a few people in the chat who do excellent original research on the stock, and then you look through their history and find that they are generally credible. There are some names I like on the whole though, site is down so can only give a handful of names from memory, @Newton (a geologist), @X-flyswatter, @mackvorkian, @tin, @buff, @luctenhav, @oldbanker, @Goldfinger, @EpsteinResearch, @HDLR, @Buddy. Pacifico anon (XPisx/SS) likes @Excelsior

[Anonymous No.26307929]

>>26306226
>>26306246
Thanks for the responses guys! I am confident that they have a billion dollar land package. Furthermore you are correct that covid happened and everything was shutdown by the government but I do think that covid related delays should be priced in at this point and the stock should stop bleeding consider their land package and potential if everything was okay with the company. Simply saying that the stock bleeds because of the shutdowns feels like a cope at this point. I guess I need to decide whether or not I want to use this opportunity to add to my existing shares. I used to have similarly about 5% of my portfolio in IRV but currently it is less because the stock has tanked over 30% since my purchase.

[Anonymous No.26307988]

>>26307722

Also, Bob Moriarty's name on ceo.ca is @fingerprint42, but it's better to read the articles on his website 321gold.com. There are also a number of interesting people worth listening to who aren't on ceo.ca, like Don Durrett, who has some excellent articles on SeekingAlpha, an interesting Twitter account and does interesting videos on Youtube (this one just came out: https://www.youtube.com/watch?v=m-qYvxpsQ8E&ab_channel=MiningStockEducation.com).).

[Anonymous No.26308076]

>>26307166
>Why can't these knowledgeable seasoned experts understand the concept of patience?
Because people selling are just like you there >>26305974
>and I think the management could do a better job keeping investors up to date.
> I have been thinking of DCAing down now that their share price is in the gutter
See the correlation ? Insider aren't selling. Your kind is selling. Go look in the ceo.ca chat, they are all freaking out but from what I recall, the gold and silver underground didn't change. You either believe in the company or you move on. I'm not chasing stocks going higher, I buy and sit. I've been in the red since September, couldn't care less. If you are not selling, why do you care if the share price is going down ? If you believe in the company, a share price going down is a good thing for you.

[Anonymous No.26308156]

>>26307929

My portfolio used to be 7% IRV but now is 5% so I'm in the same position, haha. I will add if it goes below 5% and continue to maintain that allocation. I did really believe in IRV and loved the company's story and everything about those properties, that's why I invested so deeply. Unfortunately it didn't turn out for the best this time--yet. But I fail to see what justifies the stock price going down 56% since Jan. of 2020, that simply seems beyond absurdity, like so many other junior mining stocks at the moment.

[Anonymous No.26308193]

>>26302108
What are your thoughts on underground mining classes? Is it a waste of time when you can learn on the job? I saw a coal company in Pennsylvania looking for greenhorns to hire that they'd send to a week long course.

[Anonymous No.26308281]

>>26308076
For your information I haven't selled anything since for now I believe in the project and its potential and infact am considering buying more.

>why care if the price goes down
Obviously you should care as an investor since the price going down is an indication from the market. Simply being in for the long term and ignoring everything what is happening in the price without finding out why is completely retarded. If you are bullish on something but the price just drops and drops you should try to find a reason for it and adjust accordingly. It can be a great buying opportunity or it might tell you that something is seriously wrong with the company and you should get out while you can.

[Anonymous No.26308312]

>>26308076
This. Not sure why people are always jumping from green stock to green stock. Once you see the 10% candle, it already pumped lol. Just hold and wait for your turn

[Anonymous No.26308356]

>>26308281
Jesus christ I have spent two much time on this board, actually typing selled like a retard

[Anonymous No.26308371]

Is right now a good time to load up on more Gold and Silver mining stocks (First Majestic Silver, Barrick Gold and Eldorado Gold)

Or should i wait for the price to go down a bit

[Anonymous No.26308384]

>>26308281
But we do know what's happening, nobody could expect COVID to happen. What the fuck are you expecting the company to do ? Same for us, what are we supposed to do ? Sell ? The company didn't change, the PM underground didn't change, your emotion are the only thing changing right now. There is nothing to dig anon, you are freaking out on no basis and you are not the only one, remember, the hardest part is sitting on your shares in a bullmarket.

[Anonymous No.26308404]

>>26308281
>>26308076
>>26308312
>>26308384
I'll chime in and remind you guys that time is money. Even if nothing changes fundamentally, that might be exactly the problem for the share price. Every stock you own that crabs or goes down is a chance lost at making money. This is the reason why I'm currently selling some of my positions in companies I like just to get more better shares.

[Anonymous No.26308463]

>>26308404
>I'll chime in and remind you guys that time is money. Even if nothing changes fundamentally, that might be exactly the problem for the share price. Every stock you own that crabs or goes down is a chance lost at making money.
That's the thing anon, we just said it above, if you do believe in the company, if you do believe the cost opportunity is worth paying, then keep your share. If you think you can get a better deal somewhere else then please go ahead. I'm not. There is nothing to debate, that guy is just freaking out because its bleeding. Guess not everyone did their real DD.

[Anonymous No.26308610]

>>26308463
My point isn't about belief in the long term. It's about making money. If your stock crabs for three months, you will have wasted time for three months and lost opportunities and money. That said if you've a company you're extra bullish on, every dip in price should be a gift from heaven to you of course. If you're accumulating, dips and crabs are great. If you're holding, dips and crabs are bad.

[Anonymous No.26308625]

>>26308384
>>26308463
Again you really seem to be the only one freaking out. I simply asked for an opinion considering the latest price action in the stock and all this time I have been simply wondering if I should add more shares. I don't know why you are using hyperbolas like freaking out for a simple conversation on the topic. You seem unironically very insecure.

[Anonymous No.26308698]

>>26308625
Please sell me your share anon if I'm freaking out. I do believe we are all here to discuss and try to give each other the best advice. If you do intend to sell and have a better deal, do it, I'm hoping it is a better deal, that's all I'm saying.
>>26308610
And that's what I said in the post you answered. We're on the same page.

[Anonymous No.26308930]

>>26307059
>>26300835

Well, First Energy Metals is now up 40%. Obviously I was correct in identifying the significance of the insider buying, which is precisely why I bought the stock myself and brought it up here a few days ago. Thank you for your false allegation of my "lying" though. (By the way, as I said, I don't even necessarily recommend buying it now because it was a $5 million mcap gamble for me and the price has now gone up.)

[Anonymous No.26308952]

dear jews more cheapies pls

[Anonymous No.26309007]

Looking to purchase my first kg of silver. Is $902 us dollarinos a good deal? I realize it’s over spot but I can’t find a reputable source any cheaper. Any help would be much appreciated guy. Thanks

[Anonymous No.26309038]

>>26308698
Oh I guess I misinterpreted your post, my bad sorry. Glad we agree!

Speaking of great companies, take a look at Moneta Porcupine if you want to. I've mentioned the company a couple times but I don't shill too much so I leave the DD to anons who actually care.

[Anonymous No.26309127]

>>26308930
Your a good one Anon

[Anonymous No.26309211]

>>26308698
That was the sole purpose of my original inquiry, to start a conversation and share information if there was any to be shared. It's good to have open discussion and constantly challenge your own beliefs.

[Anonymous No.26309379]

>>26308930
You would do well in investment banking or private capital. I know that is like joining the dark side, but it's clear you have a talent for this.

[Anonymous No.26309495]

>>26301042
Nice buyies

[Anonymous No.26309536]

>>26309379

My hope is that we can make the fabled 150x + on these silver stocks and simply leave behind any need to slave away for corporations again. I'm either madly correct about that supposition or simply mad and leading everybody off a cliff.

[Anonymous No.26309581]

how many ounces were ancient coins typically? When Abraham bought a field to bury his wife he paid 400 pieces of silver, would this have only of been about 50 troy ounces?

[Anonymous No.26309657]

>>26309536
>and simply leave behind any need to slave away for corporations again. I
That's my hope indeed, an end to wageslaving before 35yo would be fantastic. 6 More years to go.

[Anonymous No.26309827]

>>26309581
Yeah I want to know how many toz Judas sold Jesus out for

[Anonymous No.26309836]

>>26309536
>>26309657
What are your endgames for silver stocks? What are you rotating them into after they moon?

[Anonymous No.26309872]

>>26304663
Pedo biden

[Anonymous No.26309884]

>>26309836

Nothing. If silver stocks do what I think they'll do, I'll have enough wealth for ten generations of men. I have my entire life-savings in silver stocks. They will either make or break me.

[Anonymous No.26309932]

>>26309884
Based suicidal lunatic

[Anonymous No.26309942]

>>26309836
I've 97% in physical PM, i'm late for the miner party but I'm adding around 1k per month. Won't sell until the end then rotate physical and miners for a combination of real estate and blue chip stocks. My goal is to completely be financially free in 6-7 years.

[Anonymous No.26309974]

>>26309884
Noooo anon diversify, what if the stocks fail?

[Anonymous No.26310057]

>>26309884
Go 50% at least, 5 generations of wealth plus diversification isnt a bad trade off

[Anonymous No.26310063]

>>26309836
My investments are rather humble
I hope there's enough time to allocate what little amount of money I'm willing to spend on stocks so that I can retire to an eastern european country in my 30s.
My parents already own some property there.

[Anonymous No.26310069]

>>26309974

Diversification would only make sense if I doubted myself, and I don't doubt myself one inch. I have gone over the fundamentals of the economy and precious metals so many times, and I can see clearly what is about to take place. I have gone over the case here many times before. For the world financial system to collapse within the next few years is an inextricable and mathematical certainty.

[Anonymous No.26310162]

>>26309974
>>26310057
Diversification is when you want to save your wealth. Focus is to build it.

[Anonymous No.26310298]

>>26309872
BULLISH for PMs

[Anonymous No.26310331]

>>26309884
Sounds based. If my portfolio overall does a 150x I can only afford a house at current prices.

>>26309942
Yeah I'm looking to rotate into dividend stocks and maybe short term loans eventually

[Anonymous No.26310417]

>>26310331
ngl debt free house would be a game changer at least for me

[Anonymous No.26310442]

>>26310069
I totally agree with the incoming financial collapse and I have silver stocks and a lot of silver bullion myself, but you cannot predict what the normies and the government will do in an event of a collapse, e.g. they might all flock to crypto (which a find very risky and stupid btw.). Don't you have like gold or land?

[Anonymous No.26310492]

>>26310069
>For the world financial system to collapse within the next few years is an inextricable and mathematical certainty.
why?

[Anonymous No.26310503]

>>26310417
Being debt free is incredibly appealing but putting the gains into dividend stocks and paying off the mortgage with the dividends is probably a better strategy since you still have a producing asset after it's done

[Anonymous No.26310508]

>>26310162
Well my situation is kinda both, so that actually applies

[Anonymous No.26310544]

>>26310492
>pic related

[Anonymous No.26310588]

>>26310503
Totally agree. Debt is good leverage for productive investments. I was just saying that paying only for the maintenance costs of an apartment really reduces monthly negative cash flow compared to rent for example.

[Anonymous No.26310627]

>>26309581
>When Abraham bought a field to bury his wife he paid 400 pieces of silver, would this have only of been about 50 troy ounces?

No they were transacting in earlier and slightly heavier shekel-weights, I don't believe coins existed yet. It would have been a bit over 200 troy ounces of silver paid for the plot.

>>26309827
>how many toz Judas sold Jesus out for

He got paid in Tyrian Shekels, so probably around 14 troy ounces of silver.

[Anonymous No.26310690]

>>26310627
wasn't Judas paid with Roman Denarians?

[Anonymous No.26310790]

>>26310442
What if they come for PMs with mandatory buybacks at “fair market values?”

[Anonymous No.26310844]

>>26310690

No, the most common coins of the region at that time were the Tyrian shekels and Hellenistic/Seleucid tetradrachms, Denarii were not the standard in commerce or particularly common in the early 1st century levant.

[Anonymous No.26310868]

>>26310544
what is this

[Anonymous No.26310879]

>>26310790
Won't be mandatory, unless you store it in someone else's vault, then yes, you may get "fairly" compensated.

[Anonymous No.26311014]

>>26310492

The debt-trap. Yields can't go up without destroying everything, so the only answer is to destroy the currency to keep them down. It started in late 2018, when the size of the debt and asset-bubbles passed the point of no return. The ten-year nominal yield got to 3%, it crashed the market, the Fed was forced to re-start Q. E. (bond-buying) to lower yields, and abandoned any pretext of balancing the budget. That created an even larger bubble, which was pricked in 2020 (covid was the excuse, not the cause for this). $5 trillion in Q. E. and an additional $120 bn./month Q. E. taper was needed to get the yield down this time. But the budget and bubbles are now so large that even a _1.5%_ yield would crash them. Adjusted for inflation, the yield is now negative, which means that few real investors now want to buy bonds. The Fed is increasingly monetizing the debt. The yield is already creeping up past 1% despite all this Q. E. We'll need another $5-10 trillion in Q. E. soon, and that inflation will make real yields plummet to even more deeply negative rates, which will make the bubbles even greater, which will cause even more Q. E. to be required ad infinitum until you get to hyperinflation. Add to this that a banking crisis is imminent (G-SIB equities are at 30% or less of book value) and that real unemployment is 40% (ShadowStats), thus requiring trillions in UBI and so-called "stimulus" to prop everything up, and you will see that there is simply no way out of this.

>>26310442

I have 25% of my money in gold and silver bullion and I recommend other people to do so, just in case some apocalypse takes place and the mining stocks all go to zero. But otherwise, everything is in silver stocks.

Doesn't matter if the normies flock into crypto for now, it is dollars and tethers that are going into crypto, not gold. When the dollar gets dumped, crypto will go to zero along with it. The world is going back to gold after the reset, not crypto, that's a certainty.

[Anonymous No.26311020]

>>26310868
It is the total money supply of the dollar, around 35% of the total money supply ever created has been printed the last few months. There was no almost no production of anything, due too the lockdown in fact many businesses went bankrupt. This is Weimar teir.

[Anonymous No.26311057]

>>26310868
Your Doom

[Anonymous No.26311112]

>>26310790
Yeah these kinda of shenigans or a government might go full commie and steal your stuff, so diversify in guns & ammo too

[Anonymous No.26311165]

>>26310492
this.

[Anonymous No.26311263]

why silver down today? :'(

[Anonymous No.26311273]

>>26310790
The only reason for them to do this would be to return back to gold standard and devalue dollar in gold terms. For this to happen they would very much want to have all the possible gold at their hands. They would offer you a "fair market price" for your bullion but the catch is that the next day or the next week the dollar would be devalued and gold would be 20,000 an ounce (or something) when you sold it for the fair price of 2000 an ounce.

[Anonymous No.26311319]

>>26311014
What is a G-SIB equity and why is the 30% number significant? I searched this term and am not really understand what I am reading.

[Anonymous No.26311348]

>>26311263
it had a big day up yesterday and is only down like 0.14% today, which is nothing.

[Anonymous No.26311386]

>>26311014
>I have 25% of my money in gold and silver bullion

Wow, I thought you were basically 100% in silver miners, glad to know that you also believe in physical.

What is your general allocation, mostly silver bullion too or do you see extra utility in holding a good bit of gold?

[Anonymous No.26311475]

>>26300608
>gayhorse

[Anonymous No.26311589]

https://twitter.com/Reuters/status/1352272238230302723

[Anonymous No.26311597]

>PAAS already down -3.30% barely one hour after opening
WTF YOU WERE SUPPOSED TO GO UP TODAY, NOT DOWN
MAKE ME MONEY YOU PIECE OF RETARDED SHIT
SILVER IS UP, YOUR SHARE ARE AT THE 6 MONTHS LOW AND SHITCOINS ARE CRASHING TO THEIR DEATH AS WE SPEAK... WHAT DO YOU NEED MORE TO GO UP YOU NIGGER SHIT???

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHH

[Anonymous No.26311686]

>>26311319

G-SIB is jargon for a "Globally systemic important bank," it became significant after the 2008 financial crisis. Basically, these are banks which would topple over like dominos if one began to fall, quite as in 2008. These banks are _highly_ leveraged, and the market is valuing their equities at only a fraction of book value. Investors are telling us that they believe these banks are pretty much bankrupt. The banks might collapse at any time, but, because of the leverage, they would definitely collapse if we had another stock market crash. That's one reason why the authorities are stuck. Let's say they do stop Q. E., let yields go up, and allow everything to crash. Then the banks go under with everybody's money inside, and that would then require tens of trillions to bail out. So you simply can't escape the inflationary scenario,

>>26311386

Half gold, half silver. To be honest though, I mostly hold my bullion in case we have another stock market crash and the miners do something silly as in March 2020. I think that for such an event to reoccur is unlikely, which is why I'm mostly still in the miners at this time, but, if that did occur, I'd liquidate my bullion and buy the bottom. Gold only went down 10% in March 2020 and was more stable than any other asset.

[Anonymous No.26312042]

>>26311319
>>26311686

Alasdair Macleod talks about the banking crisis all the time and I recommend his videos and articles most of all, but Heresy Financial gives a brief and excellent overview of the impending banking crisis here. He also goes into the supply-chain disaster which we are going through right now and how that relates to it:

https://www.youtube.com/watch?v=9TSWnSzSES0&ab_channel=HeresyFinancial

[Anonymous No.26312139]

>>26311589
You shouldn't laugh at her. Astrology is like in the IQ bell curve meme : used both by ultra low and ultra high IQ ppl. The difference is ultra lowIQ roasties use it as a personal horoscope when high IQ understand it's to be used on a macro scale.

Remember last month when i was warning about a financial crash either happening in late january, early february or mid november because of the squared conjuctions of Saturn and Uranus?
Now look very carefully on capricorn (january) when the conjuctions happen. And remember you don't have to believe in this shit, just understand the jews ruling over you do.

[Anonymous No.26312162]

>>26311263
we'll break $26.00 by COB

[Anonymous No.26312305]

>>26311589
I was watching a documentary about the great depression and they mentioned that during peak mania(right before the crash) there were a few astrologers giving stock picks like her. Major sell signal

[Anonymous No.26312324]

>>26312139
>>26312305
I believe in God and Jesus, not astromeme.

[Anonymous No.26312354]

>>26309581
Ancient coinage varied greatly in size and shape, but were usually on the smaller side.

[Anonymous No.26312415]

>>26312324
Based

[Anonymous No.26312437]

>>26312324
Jesus is all about planetary movements you gigabrainlet

[Anonymous No.26312485]

>>26312437
yeah, I sure as hell didn't see anything about planets movements when reading holy books. Stop being woke and accept Jesus in your heart.

[Anonymous No.26312593]

>>26311020
>total money supply ever created has been printed the last few months
this doesn't mean inflation

[Anonymous No.26312621]

Whew what a trading day... Had to make some painful sacrifices just to be able to consolidate and add more of my favorite holdings, sent some emails to a company because they changed their exploration schedule all of a sudden and finally I'm done for today. Feeling comfy again now that my worries have been reduced and that my FOMO is satisfied for now

[Anonymous No.26312694]

>>26312485
Do you think it's by chance Jesus is supposed to have died at the beginning of the winter solstice and get resurrected after 3 days, exactly like the sun is at it's lowest point in the sky at the winter solstice then rise up again after 3 days?

Why Do Jesus is called the morning star you stupid mutt? He represent Horus, the divine Sun.
Jesus Christ, you are so fucking clueless about your own religion...

[Anonymous No.26312745]

>>26311020
>around 35% of the total money supply ever created has been printed the last few months
Bank simply buy bonds with that money. It doesn't go into circulation

[Anonymous No.26312810]

>>26312694
>Why Do Jesus is called the morning star
Thats Satan my dude

[Anonymous No.26312936]

>>26311686
>I mostly hold my bullion in case we have another stock market crash and the miners do something silly as in March 2020. I think that for such an event to reoccur is unlikely, which is why I'm mostly still in the miners at this time, but, if that did occur, I'd liquidate my bullion and buy the bottom.

I'm emotionally invested in my bullion which makes my bullishness biased, but it seems that you are just seeking the best trades with least downside relative to upside available anywhere given the macro tailwinds and selected silver miners as the objectively best vehicle for maximizing gains. That increases your credibility even more in my eyes. I've been enthralled by silver in any form since I was 5 and always preferred it over gold, following those instincts has worked well but I can't pretend to be impartial and objective about it so I appreciate your insight and guidance.

[Anonymous No.26312967]

>>26312593

>total money supply ever created has been >printed the last few months
this doesn't mean inflation

Yes it does. Expansion of the money-supply = inflation, and we have had plenty of that. As of October 2020, "The progression of annualised monetary inflation went from under 6% before the Lehman crisis, to 9.6% subsequently until March 2020, and 65% in the thirty weeks since." If you mean "inflation doesn't necessarily mean an increase in prices," yes, we did see a corresponding increase in prices. Increase in M1 money supply from March - November was 32.7% and we had oil +94%, lumber +86%, silver +85%, platinum +60%, copper +51.9% etc. As of today, commodity prices are up 89% since April 2020, which is even higher than the official rate of monetary inflation.

[Anonymous No.26313041]

>>26311686
>>26312042
Thank you. That Heresy Financial video was interesting. He describes how interlinked all these things are, and says there could be supply chain shortages and price increases, but sees a stock market correction as unlikely. I disagree with that as investors may rapidly lose confidence in both banks and any industry dependent on global supply chain and pull their money out. And wouldn't that action, on a large enough scale, in and of itself, be enough to trigger an equity market correction?

[Anonymous No.26313103]

>>26312621
You should be worried desu. The correct move right now is to exit all markets, wait on the sideline with 100% cash for the ritualized crash to occur, then buy back for a fraction of the price in few weeks.

>>26312810
It's both my lad

>“I, Jesus, have sent My angel to testify to you these things for the churches. I am the root and the descendant of David, the bright morning star.”
[Rev. 22:16]

>“So we have the prophetic word made more sure, to which you do well to pay attention as to a lamp shining in a dark place until the day dawns and the morning star [Christ] arises in your hearts.”
[2 Pet. 1:19]

Jesus is Phosphoros, the bringer of light, the shiny dawn.

[Anonymous No.26313187]

>>26313103
Not with the shares I bought today anon! And if by some miracle those go down I'll be absolutely delighted!

[Anonymous No.26313196]

>>26313103
>You should be worried desu. The correct move right now is to exit all markets, wait on the sideline with 100% cash for the ritualized crash to occur, then buy back for a fraction of the price in few weeks.

I have been hearing this same sentiment since July of last year, if you had listened to them then you would have missed out on 80%+ gains, not saying a crash won't happen but personally I think we are more likely to see the dollar die then any large crashes.

[Anonymous No.26313226]

>>26313103
I always liked the Titan God, Hyperion.

[Anonymous No.26313279]

>>26312967
This pic is absolutely retarded. It take the low of march's crash as a reference point to start a growth curve, like seriously? lmao
Everything is up 200% since march, commodities are lagging behind compared to everything else listed on the S&P and nasdaq.
The more you post the less serious you sound.

[Anonymous No.26313351]

sry for newfagging this hard on pmg, but is trading crypto for pms possible?

[Anonymous No.26313486]

>>26313351
Trade for cash, go to a local.
Some sites do take crypto, like JMbullion.

[Anonymous No.26313489]

>>26313351
Yes, some bullion dealers like JM Bullion accept BTC as payment, dunno about other Cryptos though.

[Anonymous No.26313525]

>>26312967
>41 posts by this ID
You need to take a break from 4chan for awhile

[Anonymous No.26313528]

>>26313351
>but is trading crypto for pms possible?

yes you can buy PMS with crypto on some websites like JM Bullion

[Anonymous No.26313563]

>>26312967
>March - November was 32.7% and we had oil +94%, lumber +86%, silver +85%, platinum +60%, copper +51.9% etc. As of today, commodity prices are up 89% since April 2020
I mean inflation in food clothes etc..

[Anonymous No.26313569]

>>26312936

Thank you very much for your kind words. I'd love to get a collection of physical bullion which I could cherish but as you say for me this is simply about maximizing profits from what seems to be the opportunity of the century. Your decision might turn out to be a better one than mine. Physical silver might go as high as 40x and given that it has no counterparty risk that's a pretty good gain in exchange for the ability to sleep well at night. As much as I believe in many of these miners, anything can go wrong, and a black swan can always make them go to zero. By the way, I love the idea of your getting those bars made out of scrap.

>>26313041

I think the question for me has always been, will the crash be like Venezuela or the Great Depression. If we get enough inflation, especially if we hear YCC announced soon, then stocks ought simply to go parabolic even though they will be crashing in terms of gold. Only a continued taper in liquidity can let them fall. But I'm not sure that the authorities would risk another stock market crash. Last time, the COMEX nearly broke (on 23 March, what Alasdair Macleod calls "The Day Everything Changed,"), and the banks were at a serious risk of failure. Regardless of whether or not we get another crash, I've often appealed to this article as a reason to stay in PMs and miners regardless: https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/

>>26313279

My picture dates from April, not March. Did you actually look at it? Commodities are well above what they were before March. Silver for example is up 45% since January 2020, same sort of thing is true of lumber, zinc, copper, gold, etc. The Dow Jones is up only a few %, so, no, commodities are not lagging behind.

[Anonymous No.26313634]

>>26313563

Food prices are up 54% since July.

[Anonymous No.26313699]

>>26313187
It's up to you fren, but don't tell i didn't warn you!
And i'm not advocating to stay in a grotto full of cash forever, it would just be until last week of february, so even if i'm wrong you wouldn't have missed too much, it's just a month.

>>26313196
True but it was simply anons who were worried about the absolute state of the clown market (and for good reasons), but they didn't have any precise agenda on when it would occur, simply an intuition something is wrong. What i propose is a very narrowed time window when the event would occur. Staying in the sideline for a month is nothing in the grand scheme of things, especially since nothing really bullish is around the corner for the month to come, just more commie regulations and others various jew tricks.

Not saying i'm right, maybe nothing will happen, but just in case you better take a screencap of my posts. :3

[Anonymous No.26313742]

>>26313351
But I thought BTC was the new gold?

[Anonymous No.26313762]

>>26313569
>My picture dates from April, not March.
Ok now i'm pretty sure you must be trolling.

[Anonymous No.26313767]

>>26313699
Anon, I'm telling you that I'd be happy if my favorite shares went down in price. I'm not counting on it so I'm buying. But if there is deflation in those share prices I'll be a happy man.

[Anonymous No.26313787]

>>26309007
Yeah that seems like a reasonable price. You're not gonna find a bar for spot, the best you can do is maybe $1-$1.50 over spot in the current market.

[Anonymous No.26313966]

>>26313762

You have ignored my pointing out that commodities are well above what they were before March. Your point about March was completely irrelevant. Look at my picture to see what copper has done since Jan., you could verify the same of zinc, lumber, silver, or any other commodity, they have all soared. And this is in spite of the lockdowns and hence a sharp decrease in demand. Commodities are well outperforming the Dow Jones. And even if they weren't, your point would be irrelevant, because wages are not keeping with any of these price-increases in either commodities or assets.

[Anonymous No.26314185]

>>26313486
>>26313489
>>26313528
thx guys
>>26313742
Only retards believe in that. For BTC to be the new gold, we'd have to get rid of the bankers.

[Anonymous No.26314214]

>>26313742
Not any more. Might see one more high before the big hand comes in.

[Anonymous No.26314254]

>>26313966
>because wages are not keeping with any of these price-increases in either commodities or assets.
mine didn't move for the last 3 years.

[Anonymous No.26314257]

>>26313742
The new gold standard when we will refer to scams who went horribly wrong >>26301667

Seriously though, we did everything in our power to try to warn them and prevent them from losing everything. We presented them rock solid arguments against buttcorn over and over again. That it simply was a virtual mirage appealing to their greed to divert them from real wealth while the kikes were stockpiling the real stuff for pennies on the dollar.

Do you frens remember how JPM, citygroup, black rock and all the others big banksters were shilling super hard for buttcorn lately? Doing absurd claims like
>our analysts says it will be $450,000 before summer, hurry up goyim!
right?

Well, look at how fast they flipped their vest lmao! Just LAST week, JPM was still shilling for BTC, and today all of a sudden it's the worst investment ever...
They are openly mocking the shitcoiners.

[Anonymous No.26314282]

>>26309007
Got mine super low at 884 on the Friday dip. That's not a bad go.

[Anonymous No.26314327]

>>26302827
U know ur stuff. I’m planning on buying a kg of silver right now from Jmbilloon and it looks like it’s around 905$ is that a good price?

[PMG BAKER No.26314347]

>>26312305
>>26311589
>They do not know that it is about time for the crash
>https://isarastrology.org/event/the-roaring-20-twenties-is-just-getting-started/
>https://www.tellerreport.com/life/2020-01-10---good-news-!--astrology-predicts-a-decade-of-change-.SJg7ytABxI.html
>https://www.smithsonianmag.com/history/astrologers-predict-1929-will-be-year-of-prosperity-172256047/
People do not know their history

[Anonymous No.26314377]

>>26313569
>hear YCC announced soon
what is it

[Anonymous No.26314453]

>>26313569
you say that ''autorities'' won't let the stock market crash.. so no crash's gonna happen?

[Anonymous No.26314459]

>>26312936
I’m about to buy a kg is this best way? Or are smaller denominations cheaper? I’ve seen around $900 fora kg of jmbullion. Is that a good price or is there a cheaper site? Much appreciate the help.

[Anonymous No.26314501]

>>26313966
>You have ignored my pointing out that commodities are well above what they were before March.
BUT EVERYTHING IS WELL ABOVE WHAT THEY WERE BEFORE MARCH BESIDE MOVIE THEATERS AND AIRLINES
Do you want me to spam the thread with random tickers who overperformed commodities in the same timeframe?
Since when we use curves starting in april exactly?
What is even your point?
It's called the fiat ponzi crashing down so everything else go up. Here, take a look at the venezuela stock exchange since hyperinflation started. Does it look bullish to you? ITS NOT.

[Anonymous No.26314523]

>>26313787
Sorry I never saw your reply because I lost my own post. Thanks. Pulling the trigger now. Are u us? Know of a good site? Thinking of using jm billion sorry I know I’m shitting up the board w my reposts

[Anonymous No.26314585]

>>26300570
precious little nuggets

[Anonymous No.26314589]

>>26314282
It usually dips Friday? I haven’t been paying any attention to the prices I just know I’m getting in ASAP. Don’t want to get caught with my pants down. So should I wait a day? Or just pull the trigger and is there another reputiable site you’d suggest?

[Anonymous No.26314590]

>>26314523
Yeah I'm in the US. I usually use Monument, SD, or JM, although the first two typically have slightly better prices. Try to shop what's on sale though, even if you save 2% on an order it's worth the extra few minutes of checking around for prices.

[Anonymous No.26314607]

>>26301042
patrician taste anon

[Anonymous No.26314649]

>>26314257
I've never seen such extreme shilling on all social media platforms with these influencer and even paid advertisements by exchanges during late fall and early winter. The forced digital gold brainlet narrative is so obnoxious and just plain wrong. What really surprised me however is that even some relatively smart people have started to embrace this alternative for gold narrative (for self interest probably) e.g. Lyn Alden, Luke Gromen and Ronnie Stoeferle. There is no critical discussion anywhere to be found in the buttcorn community. It is always "have fun staying poor" or "you don't get bitcoin". The cult really cannot handle reality and transparency and open discussion. I have said for a long time that the crypto crowd is making the great reset agenda reality. They are putting real world money into a fake asset, fucking meme internet tokens backed by nothing and not used for anything - which should be bitcoin's new slogan. When dollar dies all these unbacked meme currencies such as the favorite boomer coin will unironically go to 0. These people who have "invested" into these digital currencies will in fact OWN NOTHING when the reset happens but I doubt that they'll be happy owning nothing.

[Anonymous No.26314879]

>>26314257
It was fun while it lasted I suppose, never went to hard on it and made a tidy profit.
Too many people listening to the snakes.

[Anonymous No.26314881]

>>26314377

YCC = Yield curve control, it means that the Fed officially announces that it will do so much Q. E. (buying of bonds) that the yield is never allowed to go beyond a certain %. It would require literally tens of trillions of dollars to enforce and would lead rapidly to hyperinflation, because inflation would get so bad and real yields would go so much progressively lower that real investors would scatter and the Fed would end up being the only buyer of bonds. If it was announced, gold and silver would immediately shoot to the moon, because it would be a death knell for the dollar.

>>26314327

Thank you. I'm actually not from America and there are also people in /pmg/ who are a lot better with the physical bullion side of things so I am sure that they can answer your question better than I can.

>>26314501

>What is even your point?

What is yours? Mine is to prove that it is not simply that we have had a lot of money-printing (inflation) but that asset-prices and commodities are reacting to all the money-printing. Have you misunderstood something that I said? You're posting the exact same picture of the Venezuelan stock market which I have been posting in /pmg/ for the past year and which I posted in this thread only moments before you. >>26313569

>BUT EVERYTHING IS WELL ABOVE WHAT THEY WERE BEFORE MARCH

Precisely. Living is now becoming more difficult for everybody. It is not simply the price of stocks which is going up but commodities and food are soaring and wages are not keeping pace with any of this, that is the point.

>>26314649

Bankers control both Blockstream (which controls Bitcoin) and the MSM, which is their mouthpiece to push Bitcoin on people. I think that the gold people who embrace or tolerate Bitcoin are either uneducated or simply afraid of going against the grain. Peter Schiff's Twitter feed is pretty much nothing but angry Bitcoin moonboys at this point.

[Anonymous No.26314974]

>>26314649
Exactly!
I wonder how many /biz/nessmen will rope in the incoming weeks, when buttcorn will crash down to $2000 and they refused to sell because they thought it was their faith being tested, and that having strong hand was their martyrdom. Truly a cult.

[Anonymous No.26315021]

>>26314585
Very nice.

[PMG BAKER No.26315125]

>>26314881
Especially with blockstream and tether. Most normies do not even know about this. This is also lead to the change in how bitcoin operates through the futures market for bitcoin.
Anon, why not check out some miners in the bread.
>>26314974
Good, I want to buy super cheap gold. We are against this, https://www.imf.org/en/news/articles/2018/11/13/sp111418-winds-of-change-the-case-for-new-digital-currency
https://www.weforum.org/agenda/2018/04/from-dollar-to-e-sdr

[Anonymous No.26315224]

>>26314881
>Gold people who embrace/tolerate Bitcoin are either uneducated or afraid of going against the grain
I somewhat agree with you but I still think it's immoral to shill bitcoin as gold especially if you understand why that is not the case. I also think that some of the older "gold bugs" don't want to be seen as these old fart gold boomers and for this reason they want to accept bitcoin. You can't find almost any negative takes on bitcoin on Youtube. Seriously if you go to Youtube and try to find both sides of the argument it is not there. There is only moonboi spam. If you go to twitter there are both sides but the shill side is 1000% more vocal than the other side which is also getting trolled 100% of the time by the shills, case in point Peter Shiffs twitter (although lately he has started to feed the trolls a bit too much). In reddit all major crypto subreddits simply sensor out anything negative or even honest questions and discussion. They report only positive news and extreme shilling.

[Anonymous No.26315289]

I know the 2021 AGE are in pre-order right no, so I didn't order that one yet. Are the 2021 Britannia's also in the same boat or should they be shipping out?

[Anonymous No.26315393]

>>26315289
I really would consider a local if I were you. Some anons, including myself, have been waiting weeks.

[Anonymous No.26315475]

finally after some months of waiting due to post office BS I got this. Cute little 1oz silver bar.

[Anonymous No.26315514]

>>26314590
Thanks, yeah I shopped around the links above and found the cheapest was at boldprecious at that moment; they claimed they had to charge sales tax bc of my state if it was under $1g so I grabbed my kilo and some other filler.

[Anonymous No.26315546]

>>26315475
Ah yes of course.

[Anonymous No.26315564]

>>26315393
I'm at a week of waiting now. Just seeing if I missed something when I ordered or if it was a delay. My order from 2 weeks ago came fine though, thought it would be ok to order again. I'll probably try canvasing local lcs and pawns now.

[Anonymous No.26315604]

Just popping in to say fuck Bayhorse silver

[Anonymous No.26315620]

>>26315475
>>26315546
It's a smol cutie, congrats.

[Anonymous No.26315675]

>>26315604
>Buttfucked silver
haha

[Anonymous No.26315676]

>>26315620
Tarnishes like no other though. The moment I touched it my fingerprints left awful marks all over. Probably won't clean it though.

[Anonymous No.26315690]

>>26314881
uh, then i guess we are arguing about the same thing lol.

>Bankers control both Blockstream (which controls Bitcoin) and the MSM, which is their mouthpiece to push Bitcoin on people. I think that the gold people who embrace or tolerate Bitcoin are either uneducated or simply afraid of going against the grain. Peter Schiff's Twitter feed is pretty much nothing but angry Bitcoin moonboys at this point.

Do you guys remember back in 2016-7 when few schizos were saying the whole crypto movement was controlled by the Rothschilds and few others banking dynasties, as a covert op created to make the goyim familiar with cryptocurrencies, lure them with gains, to then regulate them and install CBDCs?
No one was taking them seriously back then, because the main narrative was still BTC being a noble cause created by an anonymous hero coming in to free us from the central banks' tyranny thanks to his big brained invention.

Turn out the conspiracy anons were (once again) completely right about everything. Each passing days come new evidences it was indeed an elaborated scheme created by the NSA and various deep states actors, and was shilled as the solution while in reality it was the rotten apple to enslave us further more. Exactly the usual tactic of the hegelian dialectic. We truly are living in a matrix of lies.

[Anonymous No.26315722]

>>26315604
cheer up fren, you're not alone

[Anonymous No.26315873]

>>26315722
This is my portfolio exactly it seems like everyday it takes a crazy dive and corrects but then when it goes up like it did when it went to .10 cents a while ago I can never seem to sell. Guess I'll just hold it forever

[Anonymous No.26315905]

>>26309007
That's about the best price you can get rn unless you have a .mil discount.

[Anonymous No.26316000]

>>26315873
Anon you need to buy when your favorite stocks are low, or enter into new undervalued positions!

[Anonymous No.26316025]

>>26315690
>turns out the conspiracy anons were (once again) completely right about everything
I feel like this applies to so many things in our current societies. In the clown world the schizo theories seem to always come true at the end but first they need to be ridiculed as totally crazy tin foil conspiracies. That's just how it goes in the clown world.

>main narrative was still BTC being a noble cause created by an anonymous hero coming to free us from the central banks
I mean it really is crazy but somehow this is still the cultist narrative. Even after the hard fork, even after everything we know about blockstream and that Adam Back is most likely Satoshi.

[Anonymous No.26316327]

>>26315690

>uh, then i guess we are arguing about the same thing lol.

All right, thanks for the discussion and I'm sorry for the misunderstanding as well as if anything which I said seemed impolite.

>No one was taking them seriously back then, because the main narrative was still BTC being a noble cause created by an anonymous hero coming in to free us from the central banks' tyranny thanks to his big brained invention.

I know that I bring this up a lot but I am entirely convinced that Satoshi is Adam Back, the head of Blockstream. BarelySociable convinced me 100%.

https://www.youtube.com/watch?v=XfcvX0P1b5g

[Anonymous No.26316392]

>>26315873
Kek, I tried to sell recently too and no takers. Looks like in 40 years I will have to put it in my will to my least favorite descendant (probably a half-beaner tranny with an OnlyFans)

[Anonymous No.26316438]

>>26313569
>Your decision might turn out to be a better one than mine. Physical silver might go as high as 40x and given that it has no counterparty risk that's a pretty good gain in exchange for the ability to sleep well at night. As much as I believe in many of these miners, anything can go wrong

Thanks anon, it's a relatively safe position and in my conservative gun-toting state bullion is recognized as legal tender so I'll have options if things get really bad in the US. I don't anticipate worldwide mine nationalization or other risks wiping out mining stocks so have been taking your lead by learning and investing much more in equities lately. I doubt you're leading anyone off a cliff but if a black swan swoops down and shits everywhere our physical will protect us. Regarding scrapping, it's hard to resist the instant theoretical returns and euphoria/pleasure experienced when getting cheap silver, but I have a hunch that when VGLD gets unhalted (especially with GV shilling it hard now after the halt lol) I'll taste the delicious sweetness of paper gains too and be singing your praises for days.

What's your plan with Vangold after it resumes trading? Will you sell into the frenzy that day and buy back after it drops some, try getting more, or just sit and wait?

>>26314257
>They are openly mocking the shitcoiners.

Where's that "PMs are idolatry, sell it all and buy 40k BTC" fag been lately? Wallowing in red Wojaks?

>>26314459
If you don't have any Silver I'd get 1oz rounds/bars or 90% Silver coins first. Check here to sort for cheap bullion deals: https://findbullionprices.com/closest-to-spot/ I see Bold precious metals has Kilos even cheaper than JM if you're set on getting a nice chunky bar.

[Anonymous No.26316537]

>>26315604
Thanks. People like you have kept the share price down enough to allow for continued cheap accumulation.

[Anonymous No.26316601]

>>26316537
Shill me some hope for this company anon

[Anonymous No.26316817]

>>26316601
Silver miner anon can do a much, much better job than I can, but the basis is this: a high-grade silver producer with 6m verified high-grade silver ounces, permitted mill, safe jurisdiction (NW USA), recent offtake purchase agreement, plus exploratory potential, all for a 13m market cap. Trustworthy industry experts such as Bob Moriarty love the company. There are "questions" about management's seeming lack of direction, but they seem transparent and to be actively trying to do right by both the company and shareholders. They used to have a gold property, but just sold it, as it spread them too thin, and seemed to preclude silver production. Incredibly leveraged, very undervalued, but high-risk, as a degree of uncertainty exists over their leadership, but could be extremely rewarding if you invest.

[Anonymous No.26316824]

when can we invest in the Robot Waifu revolution?

[Anonymous No.26316835]

>>26316438

Thank you for all your interesting points. I'm going to hold on to VGLD for a long time, probably for the entire duration of this bull market. When it moons after the unhalt, don't sell. It was already undervalued as a simple explorer, but as a near-term producer it's currently trading at what will be 1x cash flow. So even if it went 5x it would still be vastly undervalued to me. It would have go more than 10x even at current silver prices before I'd start thinking of it as slightly overvalued. It isn't like KS where the management are predators and I want to get away, quite the opposite, management could not be better, so I am going to hold on to every share of my Vangold, every single one of those shares is a golden ticket.

>>26315873
>>26316392

Amusing to me to see people selling the bottom before the moonshot just as the off-take agreement is going ahead. BHS is the opportunity of the century, don't say I didn't warn you a thousand times. You're tossing away a potential imminent million-ounce per annum producer for mere pennies.

>>26316601

I gave the case for BHS in these posts: >>26301699 >>26301979 It has 100x potential even at $50 silver, it's the investment of the century if Graeme O'Neil gets into full production.

[Anonymous No.26317032]

>>26316824
soon,.....

[Anonymous No.26317081]

>>26316327
>All right, thanks for the discussion and I'm sorry for the misunderstanding as well as if anything which I said seemed impolite.
Yeah me too i'm sorry fren.

> I am entirely convinced that Satoshi is Adam Back
Same here, and to see he have ties with both the NSA and bankers is of no surprise. Remember who designed SHA-256?
I'm convinced BTC is not the work of a single man, more likely a team of cryptographs and devs recruited by the NSA or one of their shell companies.

[Anonymous No.26317188]

>>26300570
I am financially ruined

[Anonymous No.26317381]

>>26317188
Congrats, you're free of the jews now.

[Anonymous No.26317427]

>>26316835
I know we continually discuss BHS in these threads, but in perusing CEO.CA for hidden gems, I have found Mexico-based drill plays with higher market caps and more favorable sentiment than BHS. Independent of silver miner anon's advocacy, there is something truly peculiar about how undervalued this company is, based on my own research.

[Anonymous No.26317429]

>>26317381
But I’m a slave to the graven images!

[Anonymous No.26317584]

>>26316835
>I am going to hold on to every share of my Vangold, every single one of those shares is a golden ticket.

Wonderful, thanks for sharing your opinions thankfully HODLing isn't too difficult.

[Anonymous No.26317744]

El Dorado bought QMX (Alexis Minerals). How come you stupid faggots didn’t see this coming and instead shill bullshit like Aurcana and Bayhorse? Lmao. The blind leading the blind, clearly.

[Anonymous No.26317763]

>>26316817

Thank you for this description. Only couple of things I'd add are, BHS has an ore-sorter as well as a mill. It was an ingenious way to get into production. They got a special Oregon permit for "small producers," which doesn't allow you to remove more than 5000 cubic yards of material from the mine site. But the ore-sorter, which rejects non-mineralized rock, limits how much material you are removing from the mine-site. They then take the sorted material elsewhere, to their mill and flotation facility. They can do 200 tpd which at their high grade and silver recovery = _1 million ounces of silver_ a year, and it only costs them $10 to produce an ounce. I explained in previous posts what the implications are of a million silver ounces a year at an AISC of only $10, when your market cap is only $12 million. It means 100x potential at only $50 silver.

>>26317427

I think that it's a combination of frightened children who see the share price collapsing, and jaded old bagholders who don't understand how difficult it is to get a mine into production. But as far as I can see production is happening now, and I can find excuses for why there were delays and problems in the past. Upon the whole I see the CEO as a well-meaning person who has only been trying his best and poured his heart and soul into this business, and who appears to be just on the verge of success. I might be wrong about that but I am going to take the risk.

[Anonymous No.26317959]

>>26317744

My Callinex mines and First Energy Metals are up just as much as QMX today, am I supposed to be impressed with 30%? Most people in the chat are saying they are disappointed.

[Anonymous No.26317965]

>>26316835
>>26316817
Thanks for the thoughtful explanations the only thing that concerns me is when silver is gunna take off past 30 and for how long the run will last

[Anonymous No.26318111]

>>26315393
Checked the pawn store by me while snagging lunch. ASE's in the blue proof case going for $65 and 1oz SKrugers were $36. Hopefully I'll have better luck at the coin store later.

[Anonymous No.26318113]

>>26317965
It could take a month, it could take a year. No one knows. This is where spending some time to learn the fundamentals and hear "expert" opinions can be enlightening and reassuring. I highly recommend listening to Palisades Gold Radio on YouTube, as well as Arcadia Economics. A lot of great guests that explain all the macro factors leading into this PM bull market.

[Anonymous No.26318252]

>want to increase mining stonk position
>have yet to contribute to Roth IRA for 2020, the deadline is this April
>Money would be locked up for over 30 years

While it seems like a shame to miss out on tax-free gains, I'm afraid that with such a long time horizon I will never see my money given the current monetary/political climate, or if I do it will be taxed to hell and back with new laws to punish the little guy in exchange for more darkie gibs. Does anyone have input on this? I could always just put the same cash in a regular investment account and pay the long term capital gains rate in 2-3 years which is only 15% if the silver miner moon mission does become a reality.

[Anonymous No.26318257]

>>26318111
Checked, and yeah, pawn shop SUCK for trying to buy PMs. Always overvaluing the most common of shit. Checked one near me, and they wanted $50 for common-date Morgan Dollars, and this was way the hell back in 2019.

Fuck.
That.
Noise.

[PMG BAKER No.26318313]

I got the next bread

[PMG BAKER No.26318442]

New bread

>>26318427
>>26318427
>>26318427