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File: 98 KB, 500x648, platinum mask.jpg [View same] [iqdb] [saucenao] [google]
26632229 No.26632229 [Reply] [Original]

South Americans Could Work Platinum Hundreds of Years Before Europeans Edition

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

>Bullion dealers
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https://bgasc.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/
https://silvergoldbull.com/
https://www.goldeneaglecoin.com/

>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

>> No.26632267

Previous thread:
>>26582896

>> No.26632471

How much does it cost to get a deliverable amount from the silver comex? Imagine if the new found public consciousness of short squeezes and money made from GME was applied to silver.

>> No.26632528

>>26632229
Hey screw you man I was gonna bake the bread

>> No.26632539
File: 1.87 MB, 4032x3024, 5C999CB8-E9B2-49DD-B29E-375A0CF07459.jpg [View same] [iqdb] [saucenao] [google]
26632539

>>26632229
Why are my favorite coins black. Am I a nigger lover?

>> No.26632715
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26632715

OK.

ATB 5 oz Silver coins.

Face value of .25 cents.

Can I declare a face-value dollar's worth of 20 ounces of silver if I cross a border with 4 coins?

>> No.26632805

>>26632715
Thanks to some very old Supreme Court decisions, yes.

>> No.26632867

Reminder that gold is a way better store of wealth and has a way better long-term trend than silver, ditch your silver and buy gold if you want to preserve purchasing power. If you want to speculate on something there's a ridiculous amount of better things to buy than silver bullion

>> No.26632905

Fed press conference tomorrow. What’s in store for PM’s?

>> No.26632991

>>26632471
I think PMG found it's new pet project. Hell GME is reddits game, /biz/ needs one of its own.

>> No.26633025
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26633025

>>26632805
Holy FUCK. There's your escape hatch if you really need it.

10k to trigger lots of border popo inspecting your bizness/butthole transactions, right?

So cross with 49,999 ATB's and you're gmi internationally? It's late so my math is probably wrong, but still...

>> No.26633092
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26633092

>>26632528
I was gonna do it last night and got beat by like 30 seconds

>> No.26633099
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26633099

>>26632229
Can I post here if I just own GLD and PSLV?

>> No.26633229

Where can I buy pure 24k gold jewelry and not get ripped off?

>> No.26633293

>>26632867
Fuck of Gucci nigger
>>26633092
I don’t like baking breads, but on Saturday I kept refreshing and lo and behold no new bread, I was forced to do it.

>> No.26633336
File: 424 KB, 1537x1153, 20210127_144431.jpg [View same] [iqdb] [saucenao] [google]
26633336

latest purchase i am now at 2:50oz but when i was at the dealer an old chinese man and his wife bought a 1kg gold bar i don't think i'll ever reach that level

>> No.26633402

>>26633229
I've been looking at a 9999 gold cross at Kitco for a couple of years. I am kinda kicking myself for not getting it when It first caught my eye.

>> No.26633652

>>26633336
Lovely choices anon. I have one of those Perth bars myself. Those Queens beast coins or whatever they're called look awesome, I was tempted to buy some during JMbullions sale last week and kicking myself for not getting some. Their sale this week sucks ass and I get paid Friday

>> No.26633747

>>26633099
Come back when you rotate all your GLD into PHYS

>> No.26633863
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26633863

>>26633025
What's stopping a corrupt border guard from just taking your stack?

>Silver is worth 500 an ounce
>Everyone knows the value of silver
>Car is filled to the brim with bat bois
>Officer I swear they are only worth .25 cents each!

If you really have to flee the country just do what the Venezuelans did, sell at a we buy gold store then instantly buy a plane ticket out.

>> No.26634244
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26634244

>>26632471
This is the ultimate pipedream coom.

https://silverseek.com/article/silver-shorts-last-stand

>>26601477

Here is an archived thread earlier talking about it.

>> No.26634256

Anyone have experience with BullionVault? Torn between it and PHYS.

>> No.26634362
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26634362

>>26633863
>sell at a we buy gold store
Back in 2011 I had one of those places offer me $600 for one of these. I had no intention of selling, I just wanted t see who would give me the most if it ever became time.

>> No.26634402
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26634402

>>26633863
>>26633025
you fucking shoot them retards

>> No.26634462
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26634462

>>26634256
if you arent buying physical you are gonna get rugpulled like a bitch

>> No.26634542

I have 8 10ozt Scottsdale Stackers bars. If I sold them at an LCS, how much over spot could I get? I want to convert my bars into 1oz coins, eagles maybe. Also should I hold batboi coins or convert them to more 1oz coins?

>> No.26634618
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26634618

>>26634542
>selling

>> No.26634738
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26634738

>>26634542
you need to keep batbois, especially if you got them for a good price. buy for metal value anon, dont fall for sovereigns over spot

>> No.26634844
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26634844

poopoo

>> No.26635129

>>26634462
How

>> No.26635153
File: 1.12 MB, 2048x1440, shlomic_pmg sonic hedgehog sionic psionic.jpg [View same] [iqdb] [saucenao] [google]
26635153

>>26634362
Yup, they are a den of thieves. I know the guy that owns a local one, he keeps all the silver he takes in for himself and only sells the gold to pay the bills, he thinks silver will moon like the rest of us here. Would never sell to him but appraises shit for free kek.

>> No.26635614

>$11.65 for half dollar junk silver
>$0.50 multiplied by 0.715 is 0.35
>$11.65 for 0.35 ounces of silver

And yet this is what people commonly pay for junk silver on ebay....how is this pricing better than .999???

>> No.26635617

>>26635153
Kek I remember this image

>> No.26635630

>>26635153
I’m pretty much expecting to sell at spot when I do. Hopefully that’s at 10,000per oz of silver.

>> No.26635636
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26635636

slow thread so posting panned gold from last summer.

>> No.26636291

>>26635614
It’s not. I bid on a lot last night, my absolute max was a 20% premium. The retard that won payed a 60% premium for silver that wasn’t even better than VF. I am astonished by what retards bid on there for. I almost never bid because of it. I always find deals that are “buy it nows”. I really believe some of it is sport bidding. If it’s above 20% premium already I’ll bid it up just to spite the winner, kinda fucked, but if you’re buying silver above a 20% premium you deserve it.

>> No.26636301

In Colorado I can just buy bullion online and not get slammed with taxes, right? Do you get charged capital gains tax on gold and silver since you still just own the same item?

>> No.26636384

>>26636301
Read the “Bullion tax info by state” section of OP

>> No.26636394

>>26636291
Damn

>> No.26636657

>>26635129
the fuck do you mean how? gold and silver are money. everything else is credit dude. buying paper will not save you

>> No.26636660

>>26636384
Don’t know how I missed that. Thank you

>> No.26636761

>>26636657
So where do I store hundreds of thousands of dollars in metal in my house? I have also been told to not do a security deposit box.

>> No.26636875
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26636875

>>26636660
Anytime fren

>> No.26636924

>>26632991

Honestly, based on the GME situation... we might not have to do jack shit. The way I understand it the brokerage is responsible for the shorts in case the company (Melvin Capital) cannot cover them. If the brokerage goes under, then there's no way the FED doesn't step in to bail them out there will be a financial crisis.

It won't end here. AMC theaters is the next stop in this clown fiesta as one of the highest shorted stocks.

We're shorting western civilization boys. This can only be bullish for PMs.

>> No.26637005
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26637005

>>26636301
"Retail sales of bullion and coins are not subject to state sales taxes in Colorado. The section of the law titled "Sales Tax Exemptions for Coins and Precious Metal Bullion" directly states that such sales of coin and bullion are exempt from the state sales tax rate of 2.9%. This exemption extends to local and county sales taxes, as well. The law exempts coins that are, or have been used as legal tender in the United States or any other nation. Bullion (gold, silver, platinum, palladium, and rhodium) is exempt if the total value of the bullion is derived only from the content of precious metals contained within the product.

Certain numismatic coins and collectibles, such as tokens and jewelry, do not fall under this exemption, as they do not meet either of the definitions above. When buying coins, bullion, or jewelry in Colorado, be sure to research if your purchases are taxable."

>> No.26637025

>>26636761
>hundreds of thousands of dollars of pms
You know how little space that would take up? It wouldn’t even fill a small safe. If you’re that paranoid take a Sunday to dig under your floorboards.

>> No.26637111

>>26637025
>tfw that anon is now about to go to his shed and grab an axe and shovel

>> No.26637392

>>26636924
So do I just buy AMC as stock or do longs or whatever it is.

>> No.26637679

Can I short gold or silver? Asking for a friend.

>> No.26637740

>>26637392

AMC is a little different in that the stock is 60% shorted or so, as opposed to GME being shorted over 130% lul. So the potential is much smaller, but the retard energy from normies FOMOing and trying to get in on the action will be enormous.

AMC is already trading at 80% more over what it closed at today. I have placed a few limit orders below that, but it could bite me in the ass because it's potentially the next big play.

>>26637679

Even JPM is showing up on /biz/, extremely bullish.

>> No.26637897

I kind of want to convert my entire physical stack into morgan dollars.
>can be seized
>kino coin design
idk id lose like 20% of my silver by weight

>> No.26638298

>>26637897
I only buy junk silver walkers.

>> No.26638331

Is the whole gamestop debacle the beginning of people realizing that you gotta hold the actual asset and not the nonexistent paper asset? Like physical metals?

>> No.26638487

>>26638298
pics

>> No.26638559

>>26637740
Nice.

>> No.26638572
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26638572

>> No.26638627

did you guys seriously miss out on GME to buy gold HAHAHAHAHAHAHA

>> No.26638650

>>26632905
At some point in the next few months I expect the government to announce a new round of stimulus or BRRRRR, but not as much as many wanted and/or expected, and this is seen as the last straw for investors that have been growing more and more fearful since the election. There's always an excuse for crashes, and without Trump or Covid freaking people out that's a job for Central Banks. That said I think they can ride the Biden euphoria for a few more weeks at least, until that new $2T stimulus passes maybe.

>> No.26638672

>>26638331
What? No, what are you talking about? Sure there are some lessons to be learned that will transfer to precious metals (market manipulation being the biggets), but I have no idea what you mean about the importance of holding physical with regards to fucking gamestop.

>> No.26638809
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26638809

>day 27 of the year 2021
>GME made over x10
>silver still below 30$

>> No.26638884

>>26638627
I bought GME. It will be turned into gold in a few days.

>> No.26638991

>>26635614
Yeah I dont get junk silver

>> No.26639021
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26639021

>>26637679
DUST/JDST/GDXD is an easy way to benefit from it without touching futures.

>> No.26639514

>>26637679
SLV or GLD puts
>>26635614
Junk silver tends to have better pricing when you buy volume

>> No.26639717
File: 25 KB, 631x473, boolitz.jpg [View same] [iqdb] [saucenao] [google]
26639717

Are boolitz considered precious metals in 2021?

>> No.26639738
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26639738

>>26635614
>And yet this is what people commonly pay for junk silver on ebay....how is this pricing better than .999???
.999 pricing on Ebay is just as bad. Ebay is filled with wealthy retards who buy whatever silver they recognize at an absurd premium.
I've been able to get Silver well below spot on Ebay before, every time it was foreign coins that the seller didn't know were Silver. It's a (very lopsided) dichotomy of barely circulated foreign junk sold by a clueless retard below spot and heavily circulated US junk sold to clueless retards well above spot.

>> No.26640261
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26640261

You know what I really don't get? That super low effort variety of fud like these faggots here
>>26638809
>>26638627

Who the fuck has ever been convinced by that 1pbtid drive by shit? Are crypto kiddies just that weak in the head? And its always the same flavor too, which suggests that its just one guy.
>You could have picked a 10x if you had pyschic vision
>You're a retard for buying the only undervalued asset class left
>Bitcoin is still underground even if it gets 1 hour of news coverage a day on NBC

>> No.26640464

>>26640261
I was promised 30$ silver EOY in 2020. I will keep doing this entire 2021

>> No.26641063
File: 94 KB, 693x596, Nignog SJ pilot.jpg [View same] [iqdb] [saucenao] [google]
26641063

>>26640464
post your stack

>> No.26641454
File: 31 KB, 352x480, 91920387_632159054028845_8566216206338490368_n.jpg [View same] [iqdb] [saucenao] [google]
26641454

bump

>> No.26641501

>>26640261
Aren’t you assuming psychic vision that gold will to up?

>> No.26641797
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26641797

hi /biz/
/pol/ here
since this is the only thread i lurk on your board i'd like to know wtf is going on with 6 gorillian threads about a vidya gaym company all of a sudden? ive been up the hill for a week and we got snowed under so had to come to civilization

QRD?

>> No.26641839

Should I be buying silver from online retailers, pawn shops, or what? I want to have a good bit as my spendable metal while the majority sits in big bars. What is a good split for the vast majority of my gold and silver investment as a percent (by money, not weight) assuming I am retirement age.

>> No.26641918
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26641918

>>26641797

>> No.26642006

>>26641797
Bunch of hedge firms had shorted GameStop, seeing its declining business model and unprofitablity. Once RedditFags figured out buying and holding a shorted company causes shorts to lose more and more money in the position, they went ahead and collectively short squeezed the stock.

>> No.26642117

>>26641839
Take a look at online prices first and then go take a look and see what is available locally. Check out your local coin shop first if you have one before the pawn shops.

>> No.26642134

>>26641797
Retail, code word for reddit's wall street bets and robinhood investors, buying up shares of GME. GME was overshorted with possible (illegal) naked short selling. The mother of all short squeezes is causing GME to spike because of a feedback loop between fewer shares being available to short and shorts having to cover (or be margin called).
>>26641839
>Should I be buying silver from online retailers, pawn shops, or what?
Whatever is cheapest. LCS tend to have few sellers right now and so they run higher premiums on what metal they have. The OP has some sites to buy online and even websites that compare them for you.
> What is a good split for the vast majority of my gold and silver investment as a percent (by money, not weight) assuming I am retirement age.
Everyone does it by weight. Gold will probably be a majority of your holdings anyway. Silver has a speculative component to it because it is undervalued historically right now compared to silver.
100 oz silver: 1 gold is the typical standard used in this general. If you don't care for possible speculative appreciation than just do the biggest damn gold bars you can find that have the lowest premiums/oz.

>> No.26642162

>>26641918
>>26642006
>we did it r/eddit
ok so im not touching that shit with a ten foot pole
whats the word on silver?

>> No.26642176

>>26642134
>Silver has a speculative component to it because it is undervalued historically right now compared to silver.
compared to gold*

>> No.26642192

>>26642162
Keep stacking

>> No.26642218

>>26634362
How do you actually sell your shit then when the time comes. This is something ive always questioned about buying metals.

>> No.26642388

>>26642218
There are two different answers to this:
1. Speculative gain: You try to sell it, likely at or below spot, to a local or online dealer. Or you try your hand at selling online at a preimum.
2. Hedge: your currency has collapsed so you either hold onto it to sell when there is a new currency in place (using various forex exchanges to "backend" into it) or you leave your country entirely.
The whole point of 2 is really that you are your own bank and that (part) of your networth is no longer at the whims of printing central banks or their political enablers.

>> No.26642423

>>26642218
When fiat currency dies and precious metals correct to their true value you will trade metal for hard assets like farm land. If you need to liquidate your position for fiat you can usually call up the dealer you bought them from.

>> No.26642457
File: 188 KB, 1024x846, wampum-P1060670-Version-2-1024x846.jpg [View same] [iqdb] [saucenao] [google]
26642457

Is now a good time to invest in wampum?

>> No.26642472

>>26642218
just wander into your local coin store, jewelry shop, pawn shop, or drug dealer with your metal in a cardboard box, your pockets, or anus.
Place the metal on the counter and ask them how much they'll pay for it. If the offer is satisfactory accept it. If not return the metal to the container and wander on down to the next potential buyer, which will be 2 stores down in the strip mall, probably separated only by a tattoo parlor/thai massage

>> No.26642504
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26642504

>>26642423
>When fiat currency dies
You mean when people realize it's been dead for ages?

>> No.26642537

>>26641918
There is no one superjew like this /pol/ack is assuming.
The 140% is total short interest of all market participant. Its not all from one company.
The short interest shrank to 100% last week because some of them covered.
But new shorts entered the market and as of monday short interest went back up to 140%.
I havent seen this 260% number anywhere.

On topic of /pmg/
One cannot help but draw parallels between this and comex. There the unallocated gold is much larger than mere 140%.
If this redpills normies on short squeezes and this many buy physical gold the world would end.

>> No.26642598

>>26642537
>this many buy physical gold the world would end.
the market cap on gold is a bit larger than gamestop I think.

also most of the gamestop action is probably institutions, not individuals.

>> No.26642723

>>26642537
>I havent seen this 260% number anywhere.
This number comes from, I think, if you include the number of calls that have been sold within the week. Sellers of (bullish) calls tend to be shorts and the OI is enormous. The entire call side of the options chain for GME is currently ITM for Friday. This means that in addition to the shares being mostly short, there is the OI x 100 shares that are going to HAVE to be traded when exercised.
The shares of GME are oversubscribed on the short and long side.

>> No.26642931

>>26642192
>>26642192
i like to buy when gsr is over 80. should i lower that number? it s really about the premiums for me cuz im a wagecuck but got mine when it was $15 for years and premium was a buck over spot
dont wanna get caught with my pants down if it goes up to $7 over spot like last year. so much uncertainty. ammo has gone up 400% in one year for plinking rounds i guess i should sell some of mine and look for a bar or a bag of 90s

as always i appreciate you guys here at /pmg/ anybody can birddog a low premium im all ears

>> No.26642996

>>26642537
if the general public could force a comex failure it would make such wonderful interesting times. So many dominos would go at once I dont know if anyone knows exactly all the implications. For one what ever new high gold price appears would automatically have people scrambling for the hills.

>> No.26643064

>>26642134
My favorites are Silver Eagles. How much should I care about condition? It seems like I need to pay a premium for condition, and I’m unsure if I will get that back when I sell. I just want stacks of dirty old silver coins/bars. If it is worth it to buy clean and new looking silver I will get it instead though.

>> No.26643086
File: 321 KB, 2048x1536, stack.jpg [View same] [iqdb] [saucenao] [google]
26643086

>>26632539
Based french silver anon

>> No.26643427

>>26642996
COMEX failure would cause a temporary panic for all commodities. I don't think it would be as dramatic as goldbros think simply because I think the eastern exchanges would become the pricesetters instead.
>>26643064
When selling only the metal matters, rarely the condition or type. Selling it to others (say, ebay) might be higher for certain types of coins. Not so much for bars.
ASEs have a nuismatic component to them i.e. part of their value comes from demand from coin collectors. If you want to buy into or sell into that market, condition will likely matter which will influence premiums.
A spot check suggests to me that 1995 ASEs are selling at ~$44 while 2019 ASEs are selling for $30. Something to consider

>> No.26643586

>>26643427
o i am sure things would settle eventually, but there would be all sorts of chaos in the first two weeks afterwords.

>> No.26643638
File: 146 KB, 1250x366, FOMC meeting jan 2021.png [View same] [iqdb] [saucenao] [google]
26643638

FOMC meeting today.

>> No.26643655

Saw some of you dudes doing the good work and spreading the message of our fight against the comex and price manipulators on various threads today, in the heat of the gamestop squeeze.

Good work dudes. It was appreciated and noticed. We need to keep spreading the word. We've got these manipulators on the ropes and we just need a little bit of help. We need to remind these guys that this cause is more just and noble than any other cause in history. We'd be saying fuck you to Jewish banks, institutions, corrupt governments, and even entire countries.

>> No.26643668

All these idiots thinking their fake digital stocks are money has been giving me keks for days, while I fondle honest money.

>> No.26643742

>>26642931
Hard to say, if that's your gut feeling on the matter I think its reasonable and won't argue with you. I dont think anyone will knock you for stacking either in any amount. I have the same concerns from time to time, but given my stack is weighed more heavily to gold right now (4:120) I want to balance it out a bit, and I think silver has more potential for upward price movement so I think it's still "cheap" at prices right now

>> No.26643846

>>26643638
>FOMC meeting today
Reminder to everyone how these always go
>more QE
>commitment to do "more and more" to support the economy, i.e. more QE
>explicitly say that they are not even thinking about thinking about raising interest rates at least for the next three years
>PMs dump

>> No.26643924

>>26643846
Oh I forgot the most important part.
>LIE ABOUT INFLATION BEING TOO LOW

>> No.26643974
File: 15 KB, 239x211, 1610846968429.jpg [View same] [iqdb] [saucenao] [google]
26643974

>>26643846
>>26643924
>PM's dump

>> No.26644055

>>26643846
Perfect time for them to dump so I can buy.

>> No.26644084

>>26643974
Everything they say is always as bullish for PMs as it can ever be. This is why they need to coordinate PM dump at the same time to give market retarded signals that somehow what they said was actually bad for metals. They simply cannot let metals start running as they should based on the info from these meetings. It's so fucking dumb but it happens every time.

>> No.26644236

>2020 batboi in the box with the COA sell for 400+ on ebay

Should I sell the ones I have and increase the silver 3x with the money? A 5oz batboi can buy me about 15oz more silver.

>> No.26644306
File: 391 KB, 705x504, 1595562377223.png [View same] [iqdb] [saucenao] [google]
26644306

PMG is so much more comfy and lowkey than the entire rest of the site. We're all gonna make it brah. Sneed

>> No.26644464
File: 31 KB, 1080x1080, Maloney ITS TOO LATE.jpg [View same] [iqdb] [saucenao] [google]
26644464

>>26642457
You know that temptations song "ball of confusion"?
>The sale of pills are at an all time high
>Young folks walking round with their heads in the sky
>The cities ablaze in the summer time
>And oh, the beat goes on
>Evolution, revolution, gun control, sound of soul
>Shooting rockets to the moon, kids growing up >too soon
Politicians say more taxes will solve everything
>And the band played on
>So, round and around and around we go
>Where the world's headed, nobody knows
>Oh, great googa-looga, can't you hear me talking to you
>Just a ball of confusion
>Oh yeah, that's what the world is today Woo, hey
>Fear in the air, tension everywhere
>Unemployment rising fast, the Beatles new record's a gas
And the only safe place to live is on an Indian reservation

>> No.26644876

Is buying gold coins minted by third world countries good idea?
I could get them very close to spot.
Wouldn't selling them later be a problem?

>> No.26644894
File: 161 KB, 1006x562, Comfy pagode Shwedagon.jpg [View same] [iqdb] [saucenao] [google]
26644894

>>26644306
Comfy indeed anon

>> No.26644935

>>26644876
My main concern would be that they are actually gold coins and not, for example, gold plated tungsten

>> No.26645133

>>26644935
I would buy them from reputable dealer.
I would also save them from melting.

>> No.26645197

>>26645133
If you can get them below spot with premium and shipping then go for it.

>> No.26645688

>>26645197
I could get them for 2% over spot. Everything else is well above 10% in my area.

>> No.26645737

So 100oz off silver is like $2550 compared to 1 oz of gold which is $1850 or so. Isn’t 42% gold, 58% silver pretty high risk? Should that be tweaked for a 65 year old boomer?

>> No.26646007

>>26645737
The 100:1 ratio is in general. You tweak it according to your needs. If you are older and are just looking for the safer option, you can just weight it more towards gold. Younger PM buyers might want that silver ratio (or even more). Gold and silver do tend to move together over time so the issue is if you want to play the gold/silver ratio.
Right now its at ~70 when for many decades it tended to be ~30 which _could_ mean more upside to silver. Really a statement that silver is more "undervalued" relative to gold.

>> No.26646277

>>26642218
What the anons replying to you seem to forget is that when fiat dies the system will probably collapse and recovery may take a few weeks
You will have LA riots all around you and you won't be able to just walk around with your bullions buying farmland or real estate

>> No.26646285
File: 3.28 MB, 320x180, 1506598480254.gif [View same] [iqdb] [saucenao] [google]
26646285

>go to cop 4oz of the yellow drip
>arrive
>he didn't have any gold left
>said since the slump '''people''' have been buying like crazy
knowing Melbourne I guarantee you it was the chinks. besides /pmg/, only they have an insatiable lust for stacking.

>> No.26646287

>>26635636
Wow what a score!

>> No.26646329

>>26646285
Asia, the middle east, and south america. It is only the West that doesn't.

>> No.26646395

>>26646285
>i think you're right

>> No.26646449
File: 58 KB, 1172x176, 76091E8B-B7C0-47A1-A571-04C96B7CAC04.jpg [View same] [iqdb] [saucenao] [google]
26646449

>>26646007
Is what anon said accurate? Should I be heavy into silver currently? That seems to align with your last sentence

>> No.26646611

>>26644236
>>26644236
>>26644236
Bump

>> No.26646662
File: 1.26 MB, 2526x2555, 4665D080-6FE0-4838-8665-1C673E808957.jpg [View same] [iqdb] [saucenao] [google]
26646662

>>26646285
Next time call ahead and see if the guy will set aside a few ounces for you. I live in an area with a large jewish population and my LCS usually gets sold out of Gold within a day or two of him getting it in stock. If I don't call ahead, he's almost guaranteed to be sold out by the time I make it to the shop.

>> No.26646705

>>26646285
which dealer?

>> No.26646714

>>26646611
they've gone up 300% in less than a year, personally I'd wait and see what happens in another year or twenty.

>> No.26646727

>>26646449
this is the way

>> No.26646737

>>26639738
Know that feel
t. Once bought Czechoslovakian and Jugoslavian junk for 50 cents each at a flea market

>> No.26646741

>>26646449
I'd agree with it. There is no hard rule here. Both are massively undervalued because of overleveraged paper trades. It is just that gold right now is still money and will continue to be so for the foreseeable future. Silver has been in the past, but currently isn't. The speculation side is that if gold gets revalued from currency resets than silver will probably even moreso to the upside.
But at 65, you don't really need the speculative side. I view gold as something that my descendants will enjoy. My grandfather bought 40 krugerrands in 1995 for ~$300/oz and it looked crazy at the time. The charts don't lie.

>> No.26646897

>>26646705
melbourne gc

>> No.26646990
File: 1.35 MB, 2149x2328, 153D7F58-18CA-44A5-A1F6-D21304BD7881.jpg [View same] [iqdb] [saucenao] [google]
26646990

>>26646737
>t. Once bought Czechoslovakian and Jugoslavian junk for 50 cents each at a flea market
If only flea markets were open here. I guess I'll have to settle for paying slightly over spot on Ebay for Yugoslav junk.

>> No.26647052
File: 54 KB, 1280x720, I had to borrow this nugget.jpg [View same] [iqdb] [saucenao] [google]
26647052

>casually rewatching the first season of Gold Rush
>realize this bearded fuck has mined 2000X more gold than I have in my life
>remember he went utterly broke and lost most of his friends
>could be worse

>> No.26647095
File: 108 KB, 1378x277, FBD087C2-F2D9-45AE-A3CB-57F7E976893B.jpg [View same] [iqdb] [saucenao] [google]
26647095

>>26646727
>>26646741
Another picture discussing how to increase stack. Is this also accurate? In relation to my investment, I want to be somewhat stable, but grow it and pass it to my son. I may need some of it in retirement, but most will be passed. Maybe I should ho for a little higher silver and just stay with the 100:1

>> No.26647128

>>26647052
it takes a particular sort of asshole to get rich

>> No.26647132

>>26646897
bruh those people are con artists they have their own employees stage robberies for insurance scams and they were obviously withholding from you you should just go to gold stackers or bullion now

>> No.26647152

>>26647052
Is he broke now?

>> No.26647158

>>26647052
What's his story?

>> No.26647208

>>26646990
Unfortunately I was referring to commie era stuff with low percentage of silver, like .500 or a bit more (but quite ponderous nonetheless)
I guess that could even hold added numismatic value, depending on the years
Unfortunately flea markets are also closed here since autumn

>> No.26647464

>>26647128
>>26647152
>>26647158
Todd Hoffman went with his buddies up to alaska to mine gold with a plan to make money off discovery channel with a reality TV show. Him and his mates didnt really do very well for a while but they did get gold, but constant screw ups like leaving the Yukon for south america and than Oregon cost him his wealth, his friends, and his families respect. He kept quietly trying to get back into the Yukon mining scene but no one will do business with him, he left too many unpaid bills behind him. He than went on to country music and preaching but again that didnt really work out. Now yet again hes trying to wiggle his lard ass back onto the TV show he started but Discovery doesnt want him around. He found gold, but was it really worth destroying all your friendships? I dont think so.

>> No.26647585
File: 84 KB, 233x431, 0898216a00.png [View same] [iqdb] [saucenao] [google]
26647585

>>26647132
>bullionnow
that's gonna be a 'no' from me m8. also i don't care about no inside stooge trying to run off with 3.4mil - if it's good enough for the chinks, i know it's safe.

>> No.26647607
File: 1.65 MB, 2770x2819, EEED18FE-7A68-48EF-9CFE-E430775AE33D.jpg [View same] [iqdb] [saucenao] [google]
26647607

>>26647208
>Unfortunately I was referring to commie era stuff with low percentage of silver, like .500 or a bit more (but quite ponderous nonetheless)
I wasn't aware they made Silver in the Commie era. Was it mostly commemoratives?

>> No.26647624

With BullionVault I can choose what vault I want my gold/silver stored in. I have to choose between, Zurich, New York, London, Toronto, and Singapore. Are there any of these that should be avoided or should all be fine?

>> No.26647807

>>26638809
because silver is worthless, you literally can’t do anything with it
with GME you can put in money and 10x it, it’s literally a money printing machine
do you know how valuable that is? it’s 10x valuable

>> No.26648098

>>26647624
I'd personally prefer Singapore or maybe Zurich because they're the most stable and both in countries that have never confiscated Gold. I'd avoid New York and London, both the US and UK have confiscated Gold in the past. You may also want to avoid Toronto since Canada is heading towards the hyperinflationary hell without any Gold reserves of its own.

>> No.26648171
File: 53 KB, 300x287, 1611639619169.png [View same] [iqdb] [saucenao] [google]
26648171

Giant retard here. I have a sell order for GME at a price over $1000. If that executes, would plowing that money into silver be a good idea?

>> No.26648186

Well im now a 50oz/8.5 grams

>> No.26648248

>>26648171
yes put a comfy amount into PMs and just stash that stack.

>> No.26648268
File: 2.29 MB, 1302x3496, chad silver explained.png [View same] [iqdb] [saucenao] [google]
26648268

>>26648186
Soon a pirate then anon

>> No.26648552

>>26648268
What the hell is that giant acronym?

>> No.26648601

Can somebody disprove asteroid mining FUD?
Will it ever be economically viable? Or is just made to scare off people from buying gold?
I think anything else is much more viable like seawater filtration if conventional deposits run out. Refining asteroid ore would still require spending massive amounts of energy and space travel will always be expensive.
R-right, guys?

>> No.26648618

>>26635614
I often can get foreign silver like Cuba, Poland, France and Switzerland for under melt value. I recently got a pair of 1830s french francs that are each 0.7234 Toz of silver and I paid 16 a piece.

>> No.26648661

>>26648552
Wouldn't you like to know ;)

>> No.26648679

>>26648552
It's something like Formerly well trained housewifes and their questionable underage daughter. I don't remember excatly

>> No.26648704
File: 2.09 MB, 2654x1490, m81.png [View same] [iqdb] [saucenao] [google]
26648704

So many are talking about BAEX(#baex) now, but I started using the project just today. Can defi binary projects be legit and transparent? Because this one looks nice with yahoo finance quotes source, a mathematical algorithm. There are too many stock indices as for me, hard to choose what to use

>> No.26648717

>>26636301
I mean if you sold it for cash with no record then there really nothing to report.

>> No.26648804

>>26632471
Stop. Shut the fuck up. This is a not a conversation that should happen here.

>> No.26648891

>>26648601
>Will it ever be economically viable?
It is cheaper to mine it out of the ocean but its still too impractical for anyone to have found an economical way to do it.
>Or is just made to scare off people from buying gold?
That, and BTC pumpers that need it for the ponzi.
>Refining asteroid ore would still require spending massive amounts of energy and space travel will always be expensive.
That kind of far off future means the end of scarcity and it is not quite clear what happens when you remove the overarching need to consolidate and protect resources from humanity.
And no, people won't be using bitcoin.

>> No.26648940

>>26632471
You don't need to get delivery directly from the comex to cause them issues in covering shorts. If you take any bar usually used in those contracts (I think it's only 1000 oz bars) then you will be depriving them of something they can use to fulfill a contract. The only issue is that 1000 oz bars are a pain in the absolute ass to carry

>> No.26648990
File: 151 KB, 768x1024, Chinese deep sea mining rig.jpg [View same] [iqdb] [saucenao] [google]
26648990

>>26648601
yep its currently a pipe dream to mine in space, we have no such tech currently developed to do so or even to go looking for mineralized space rocks yet. If someone prototyped a space exploration drill rig I would be thrilled, but at the moment its just not happening. Even sea water and sea floor mining hasnt proved to be anywhere near profitable yet, so far all 4 deep sea mining ventures have all gone broke in the last 3 years, the only commercially viable ones were in shallow waters with massive existing infrastructure nearby (Nome Harbor deep mining co and De Beer's off shore diamond mining). Conventional surface ore deposits wont vanish for a while yet, but they will get smaller and harder to operate over time.

>> No.26649090

>>26648601
The point of asteroid mining is to build things IN SPACE because it's a colossal pain in the ass hauling things up to orbit. Even if Starship works 100% as well as advertised, the hard limit on how cheap it can be to put something in orbit is $20/kg, whether that's iridium or seawater. Shipping stuff down to Earth will be just as expensive since you need to carry them in rockets to avoid your shinies burning up in the atmosphere. Raiding 16 Psyche to perma-flood the metal markets on Earth is just not going to happen.

>> No.26649108

>>26648268
My brother has 250 oz, but no gold

>> No.26649149

that’s the best you could show up?

>> No.26649267

>>26648891
>>26648990
>>26649090
So Elon Musk will mine as much gold as Fritz Haber.

>> No.26649341
File: 3.23 MB, 498x279, 1611716949802.gif [View same] [iqdb] [saucenao] [google]
26649341

>>26642472
>cops being payed in worthless collapsed fiat
>just wander the streets with a box full of solid gold
great advice /biz/

>> No.26649553

>>26648601
>>26648891
>>26649090
asteroid mining will never be viable
I’m at work now but look up Hayabusa2
$180million and and 10 years for 5grams of surface dust

>> No.26649866

>>26649553
Shitty, weak, expensive rockets are the root cause there. Ideally you'd fling a whole factory at an asteroid to process it on site, or at least send some dudes with pickaxes.

>> No.26650070

Are 100oz silver bars a bad choice for spendability? Should I pay the premium for 1oz coins and bars for my emergency money?

>> No.26650166

Is 80% junk silver worth stacking? Liking the old canadian coins. How do 80/20 silver/copper coins hold up over a century? Cause my mercs still look new.

>> No.26650272

>>26650070
Nothing wrong with 100 oz bars, they can be verified easily by any dealer worth their salt and will be just as easy to liquidate as 100 1 ounce coins.

>> No.26650390

How much Silver in oz. is one going to need when fiat collapses shortly, to survive for say 6 months?

>> No.26650466

>>26647464
Wow. Lessons in greed to be learned right there.

>> No.26650480
File: 3.36 MB, 4032x3024, 5C694D53-0ADD-4A24-BF50-58483A1F0821.jpg [View same] [iqdb] [saucenao] [google]
26650480

How’s my stack frens? I’ve just started, left is circ silver and right is for my nice pieces

>> No.26650530

>>26648552
Formerly well-to-do housewives and their daughters of questionable adulthood

>> No.26650654

>>26650390
look it up in venezuela

>> No.26650665
File: 698 KB, 447x576, 1610677443731.gif [View same] [iqdb] [saucenao] [google]
26650665

>>26650530
kek, brilliant

>> No.26650716

>>26649341
why would he be selling gold when fiat is worthless? Your comment makes no sense

>> No.26650797

>>26650654
I can't read Venezuelian though

>> No.26650874

>>26650797
Most of them can't either.

>> No.26650879

>>26650466
he could have made and kept millions, but his stupidity in trying to start up in different countries and territories cost him everything.

>> No.26650892
File: 79 KB, 390x605, Sainte Foy de Conques.jpg [View same] [iqdb] [saucenao] [google]
26650892

Sacred gold is based gold. Wish I found some medieval gold

>> No.26651063

>>26648804
OwO why not?

>> No.26651082

>>26650874
Bunch of fucking retards can't even read their own language lmao

>> No.26651133

>>26649866
>Shitty, weak, expensive
that’s the nature of rockets and it won’t change unless you’re willing to make a nuclear powered rocket

>> No.26651273

>>26650480
Looking good fren! How many ozs?

>> No.26651489

Newest of newfags to pmg here, what exactly do you 'do' with the gold when you've brought it? I know that sounds like a stupid question, but do I want to put it in a foreign vault like >>26647624
is doing, do I get a safety deposit box, stuff it under the floorboards etc.? I want to be able to personally hold it so I can test it and stop it from being confiscated if the government decides it needs it or whatever, so I'm thinking I just hide it somewhere, but I'm not sure what's the most realistic option here. Is it really just a case of hiding it like a stereotypical pirate?

>> No.26651675

I haven’t weighed it all yet, but I think it’s about 10ozs

>> No.26651695

>>26646277
Is that all? Only a few weeks?

>> No.26651838

>>26648804
Found the shill

>> No.26651847

>>26646277
just imagine thinking niggers wouldn't be pack-hunting everything from cars and houses for pms to older people on the off-chance that they've got gold teeth and what not during such a scenario. for burgers, if you live in one of the crowded coasts, i couldn't imagine anything less than packing your pms and enough food/cash for the trip and heading mid-west somewhere.
frankly i stack to crash-proof - not chaos proof - because fuck dealing with chaos.

>> No.26651891

>>26651133
Starship/SuperHeavy beats any nuclear rocket short of a gas core closed cycle "nuclear lightbulb" or an Orion bomb drive at lifting things to orbit, and that's the expensive part.

>> No.26652000

>>26651489
I keep mine in a safe in the house but I have five guns, 3 bushcraft knives, an axe, mixed martial arts training, a viking hair braid, no fear of death and a German Shepard that bites anyone who comes in unannounced with a Vulcan neck pinch death grip, my neighbor found that out the hard way.

>> No.26652012
File: 26 KB, 322x642, 1601832604474.jpg [View same] [iqdb] [saucenao] [google]
26652012

>>26651489
It would be best to have your precious metals on hand instead of being managed since that way there is no third-party risk. Just hide it somewhere safe where you can find it. No need to go digging holes necessarily of course, just tell the authorities you lost them in a boating accident if they ever want to confiscate

>> No.26652066

>>26638809
Doesn't matter. Granted, buying into /smg/ memes is actually surprisingly often a good idea (UUUU CLF and JVA have done me well) but this could have just as easily been a fuckup, plus GME is certain to crash and leave people holding the bag.

>> No.26652176

>>26651891
and yet it still sucks donkey dick and will never allow me to live out my space pirate dreams

>> No.26652223

>>26651489
There is no bulletproof way to keep your shit safe, unfortunately. In your house, you could get burgled, hide it somewhere it can be found, leave it with a "friend" or "family member" and that's already third-party risk of a different kind.

I would suggest a few different discreet hiding places in your house, plus also buying mining shares and some PHYS too. Because despite the if you don't hold it you don't own it meme, you shouldn't have all your eggs in any basket. Even in a proverbially rock solid one like this.

>> No.26652255

Very educational surface sampling/prospecting video showing the difference between malachite and azurite. Nice samples too, great ore.
https://www.youtube.com/watch?v=8GJ2R98GGtY&ab_channel=911Mining%26Prospecting

>> No.26652429

>>26652255
I love this dude, hes got some fantastic ground on Vancouver Island and the lower mainland. Hes found free mill gold in amounts I ve rarely seen in my travels, and placer spots he could retire on by hand mining. I ve contacted him multiple times to try and option some ground for winter work to keep me occupied but he moves the ground almost as fast as he finds it. Truely a fantastic prospector.

>> No.26652448

>>26648804
> - t. jidf

>> No.26652517

>>26652429
I really like him too, his videos have taught me a lot about prospecting.

>> No.26652692

>>26652517
he does basically what I often do most summers, drives slowly along new logging roads in mineralized areas looking for outcrops. I mean half of his latest vids were him picking high grade ore out of road beds for fuck sakes, thats the easy gravy train right there for prospecting. Hes been looking for an X Ray drill for some time, but everyone with a unit wants far more than their worth.

>> No.26652787

>>26652692
Would a deposit next to a road be mineable? Could you get that permitted down the line or does it even matter if it overlaps a tiny forest road? Also What's an X-ray drill?

>> No.26653147
File: 658 KB, 1500x1125, DSCF1437.jpg [View same] [iqdb] [saucenao] [google]
26653147

>>26652787
depends on how big the deposit is, hes basically trying to trace surface outcrops to figure out if the ore body extends over distance in these vids. if its big enough than the roads not an issue, open pit or underground mining would be planned accordingly, and it would likely be done by the next company he sells or options the ground off too, same way some of my hard rock ground is. I wont do the mining as its far to expensive and logistically a nightmare, but a larger interested party might do it.
As for an "X Ray" Drill, its a small easy to transport and setup diamond drill, able to do short but highly precise drill work down to depths close to 100 or so meters. Drilling holes like that would help prove the ore body goes to depth, and shows junior explorers that may want to option the property that its of more interest than just open cuts and outcrops. Thats what I want to try and get done one of these seasons on my hard rock properties near Bell 2, than I can move the ground off to a bigger party.

>> No.26653296

>>26653147
Thanks for the answers. That definitely looks like a handy little fella. Ever considered one of those diamond drill backpacks I've seen a few times on the web? Or do those only go to a couple dozen meters?

>> No.26653384
File: 64 KB, 760x994, Screenshot_20210127-054201.png [View same] [iqdb] [saucenao] [google]
26653384

Wondering if KODK is on the reddit list also.
Up quite a bit after hours.

>> No.26653450

>>26653296
I have one of those backpack drills actually, there handy but you need at least 4 guys going back and forth with water all the time to get any depth out of them, and yes they dont go very deep. There handy if you need to get a small short core sample from something thats got some overburden on it, or obscured by country rock to hard to bust by hand, but lugging the drill, the pipe, the water setup and setting up each hole is a massive pain if your not in open country.

>> No.26653563

>>26653450
Alright I hope you're able to snatch one of those X ray drills at an acceptable price then. Judging by what we've discussed before it seems like 2021 will be a pretty busy and exciting year for you and your claims.

>> No.26653723
File: 99 KB, 554x554, longyear-24-nevada-1.jpg [View same] [iqdb] [saucenao] [google]
26653723

>>26653563
I ve got one, similar to pic related already. Its not cheap to permit holes for my rig but should be worth it. It all comes down to if I can get into the claims or not. If the weather is too piss poor, if snow is still meters deep when I try to work up there, than I ll have to wait. Not to worry though I have plenty of other things to do too.

>> No.26653961

>>26632867
>gold is a way better store of wealth and has a way better long-term trend than silver

Gold is nice, silver is nice but much less reliable pricewise, platinum is nice and useful in diesel engines too, but don't forget PALLADIUM (try the PALL ETF) is nice too and is useful in both gasoline and diesel engines. The next precious metal after palladium is rhodium, but it's too high and the market in tiny and thin (for me). See kitco .com for details.

>> No.26654156

>>26632991
>Hell GME is reddits game, /biz/ needs one of its own.

Any money that I might get out of the long-GME situation (currently the biggest short-squeeze) will probably go into the precious metal Palladium fund PALL.

>> No.26654472

Mawson begins 20km drilling program with four drills in Rajapalot Gold Project, Finland
https://ceo.ca/@accesswire/mawson-mobilizes-four-drill-rigs-to-rajapalot-gold

>> No.26655014

>>26633336
That was probably their life savings wasted on a 1 transaction bar, give me the choice between a 1kg bar or 32 1 oz coins ill go with the coins everytime

>> No.26655017
File: 112 KB, 1000x746, DIAMON~4.jpg [View same] [iqdb] [saucenao] [google]
26655017

bump

>> No.26655726

>>26642218
Call the dealer you bought from, there will be so many people out there who at one stage were millionaires and didn't buy a gram of gold/silver and will be panicing looking to buy, even in march/april last year dealers went from buying back at under spot to over spot as the amount of people looking to buy was so high but they had nothing to sell to them.

Back then will be nothing compared to the gold rush that will happen when the currencies start to really collapse, a good example was last year when the Turkish Lira had a collapse in value and everyone started selling off property/cars just to get money asap to buy gold.

>> No.26655760

>>26654156
It's really hard watching all of these stocks go up while metal crabs. I'm probably not gonna out anything in oms anymore. I've amassed a decent stack but this shit is disappointing. I've got 20 oz gold. 500 silver and 10k in miners. I haven't made money in six months, literally a break even. Meanwhile I'm watching ching everybody and their mother get rich. . I'm glad I have the pms, little worried about the miner but from now on I think I'll be deploying capitol somewhere else. Only thing that sucks is there's not gonna be another meme surge in stocks for a while after this.

>> No.26655927
File: 45 KB, 680x680, 1606266364507.jpg [View same] [iqdb] [saucenao] [google]
26655927

>>26648804
Hasn't /pmg/ been talking about the silver boom for a year now?

>> No.26656422

>>26655760
>Meanwhile I'm watching ching everybody and their mother get rich

The thing with these short trade people is they are greedy fucks, they will make a profit but wont be happy with it, they reinvest it and when this digital ponzi collapses they'll get caught out and lose everything.

>> No.26656570

>>26655760
I have almost identical metal/miner position to yours except I have slightly less in physical gold. The thing really is that it's hard to find anywhere else to deploy that capital. That really keeps me investing more into pms. So many sectors are so ridiculously overvalued that they are uninvestable. I would love to diversify to some other sectors with my current allocation but it's very hard. Currently I hold some oil and nat gas stocks with the metals and miners and that's pretty much the only other sector that I am confident holding with. Anything else just seems ridicuously overpriced and furthermore I don't want to be a trader swinging in and out of meme stocks. I want to buy what is undervalued and hold it. That is why I am so heavily in metals and miners and it's hard to change this situation unless there is a large market correction.

>> No.26656614
File: 2.91 MB, 3024x4032, IMG_20210123_175051~4.jpg [View same] [iqdb] [saucenao] [google]
26656614

When you're poor it takes a long time to build up a stack. I started too late. Better late than never.

>> No.26656838

>>26655760
Your not taking into consideration the fact that it's all a zero sum game and all these 'profits' you see are not real until they are actually taken. It doesn't matter how much meme stocks pump because at the end of it all retail traders will always get slaughtered.

>> No.26656932

Cheapies inbound

>> No.26657884

>>26647464
You know not to take TV shows at face value, right boomer? It's literally manufactured drama.

>> No.26658125

>>26657884
o i know that, I am just going off his current predicament. No one wants anything to do with him because of the drama bs.

>> No.26658617

>>26656838
This. Even if they manage to time the market, where will they go when the profits are taken?

>> No.26658724
File: 43 KB, 498x374, Dutch Silver.jpg [View same] [iqdb] [saucenao] [google]
26658724

>>26655760
There is nothing stopping you diversifying your portfolio. You have a strong base made by the PM's and miner stocks. Now you could take more risk (and perhaps reward) if you wanted to.

>> No.26658826

>>26658125
Hey Pan Man is it true that the prices in Canada are rising? I have screenshot from other 4chins that claim that everything became more expensive, I was wondering if that is a meme.

>> No.26659058

>>26658826
yes and no, foods for sure gone up a lot in the BC interior, meat specifically as well as vegetables and fruits while quality has dropped significantly. Milk went up 25 cents and quality crashed, a jug of 2% milk that should last a week in the fridge now lasts 2 days. I ll have a look at my grocery bill tomorrow and figure out the total differences.

>> No.26659270

>>26659058
How are they going to be able to lie about inflation when people's grocery bills start going up by like 20% or something? I mean yes they have gone up at least here in europe for the last decade but I mean there has to be a point when the average consumer notices and the repeated lie of 0 inflation won't work anymore and people will get upset and they will get mad.

>> No.26659608

>>26659270
I believe the financial times reported earlier this month that they think we could see 15% inflation on some products by the summer. if thats true than the government is utterly fucked.

>> No.26659919

>>26658826
>>26659608
Jeez, well expect global riots then soon

>> No.26659992

>>26659608
It really all comes down to this lie about inflation. As long as the general public is not afraid of inflation and believes that their savings are safe in their local FIAT currencies, velocity of money stays low as it currently is and the clown economy continues. However when the fear sets in, when the inflation is undeniably obvious, the velocity of money increases and prices start rising even more rapidly. PMs will start to moon violently as people look for safe havens. FED and ECB can never combat this inflation because of the debt trap. As long as we have these huge budget deficits it is not possible to let yields rise so when the snowball starts rolling we are fucked, unless of course we own PMs. So like I said, it really comes down to this constant repeated lie about inflation. When this lie doesn't work anymore, real shit starts to happen.

>> No.26660113

>>26635614
>>26636291
>>26639738
I try to stay at spot or just over spot. The deals can be hard to find but they do show up. I have not seen much for deals in the past few months but I haven't been watching as closely lately.
I think the biggest problem is feebay is the normies trusted website for buying things. They don't know the first thing about buying bullion from reputable dealers so they overpay from a website that they feel "safe" purchasing" from.
The price I see most junk go for is absurd, let alone how many listings you have to wade through that are at prices that will never sell/

>> No.26660186

>>26659992
either way its bonkers. Anyway mates I better be off, I dont have work tomorrow but I have chores to do either way.

>> No.26660404

>>26660186
Aight have a nice day and see you later!

>> No.26661423

https://ceo.ca/@newsfile/defiance-doubles-land-position-at-tepal

>> No.26661698

And my daily “is silver miner anon gone again?” post.

>> No.26662419

>>26659992
Inflation is unavoidable. If """they""" end lockdowns people will start spending like crazy and money velocity goes to the stratosphere.
If """they""" don't end lockdowns printer must go brrr to cover budget deficit. So either way fiat will crash.

>> No.26663444
File: 1.30 MB, 1500x1515, 1611753204218.jpg [View same] [iqdb] [saucenao] [google]
26663444

can some kind and talented OC maker make a pmg version of this?
I'm bullish on getting some Nico bully gf time in my stack.

no i dont want a peter schiff version. it has to be Nico

>> No.26664889

Ahh missed the boat on ELO after having on my watchlist for many months, makes me feel a bit better about not catching a .90c bid on FWZ the other day.

Should I wait for ELO profit taking or is this going to the moon and not coming back?

Also taking delivery of a 1oz gold maple very soon, will post