/biz/ - Business & Finance

>>20782150

There are times in history when gold not merely preserves wealth but vastly increases it. Mike Maloney shows how, if, since the 1920s, you traded between gold and real estate when either asset-class was comparatively undervalued, you could have turned 1 house into 500:

https://www.youtube.com/watch?v=l-knwwD-PZc

In the 70s, as I say, gold went up 25x, and small-cap junior silver-miners went up an astonishing 150x. Same thing happened in '01 to '11; First Majestic Silver went 150x. This is why I say that people who are not getting into gold right now are missing the opportunity of a lifetime to chase yesterday's news. When we go back to a gold standard after the great reset, the increase in purchasing-power which gold will give will be simply enormous, especially because it has been manipulated for so many years; silver even more so:

https://www.youtube.com/watch?v=9EOPKizJ_Y4

If you want to take risk, believe me, you should simply buy the junior miners, the GDXJ and SILJ. If you want to take more risk still, put 1-3% of your net-worth into some small-caps like MUX, LIO, and EXK.

I'd say that the Bitcoin bubble hasn't lasted. BTC is still well below its all-time high, and the case is even worse with Ether, Monero, BCH, etc. Meanwhile, gold and silver are breaking out.

You say that "you can't fight the masses," but crypto is niche. The PM market is ten or twenty times larger, and crypto has been stagnant for years. I believe that Lobo Tiggre is right that the crypto people from 2017 will begin flocking into miners soon, when they realize the gains to be had. https://www.youtube.com/watch?v=20Co9ZxYa6A

>>20693379

>if you bought a basket of miners they are near prior peaks

I do not believe that this statement is accurate. I pointed out earlier that the GDXJ needs to go 3x to get to its former high. SILJ was created more recently; but, using First Majestic Silver, one of its largest holdings, as a measuring-stick, we can see that it is well still below its 2016 peak, even though silver was only $21 then.

>>20680362

My miner stocks have doubled in a month, (demonstrably >>20675348,) and are up 600% since the March lows. Look up Viszla, Callinex--up over 900%. The average small-cap silver miner goes up 150x in a silver bull market. Look at FMS from 01 to 11. Young people are beginning to realize this. They are increasingly flocking out of cryptocurrency and into resources, and will continue to do so, as Lobo Tiggre points out. (https://www.youtube.com/watch?v=20Co9ZxYa6A.).) The crypto bubble popped in 2017. Crypto is mostly pump and dump and exit scams. /biz/ is a case in point--full of the scum of the earth looking to con young people. A few coins perhaps worth holding a little bit of for the fundamentals (ETH, XMR, BCH), but, upon the whole, crypto has no use once we go back to a gold standard. Privacy perhaps, but that is all.

>>20650127

SILJ ETF was only recently formed. Look at one of its biggest components, First Majestic Silver, for a better comparison. Bear in mind as you study this chart that silver was only $20 in 2016.

It might help you to trust my credibility if you read my posts in this thread: >>20597543. Everything which I have been saying here since May has come true.

>>20648801
>>20648898

See >>20648034
>>20647987

>>20648849

The average silver small-cap goes up 150x in a silver bull market. See FMS from 2001-2011. Chainlink is not impressive.

>>20635382

It's a little-known secret which I have been trying to spread here for some time now. The gains which the miners make in PM bull markets are absolutely astonishing. Infinitely more impressive than what you see in cryptocurrency. Lobo Tiggre believes that young people will realize this soon, and that resource stocks will become the next craze, just like cryptocurrency in 2017. (https://www.youtube.com/watch?v=20Co9ZxYa6A)) As an example of the gains which miners can make, Keith Neumeyer's First Majestic Silver went up 150x in the 00-2011 silver bull market. Small-cap silver miners like Silver One, Discovery Metals, Callinex Mines, Dolly Varden, McEwen Mining etc., may do the same thing this time also.

>>20598099

If you believe that gold and silver are going up, GDXJ and SILJ are derisked bets on them. They are ETFs which are comprised of dozens of different mid-tier miners. In the long-term, they will always go up 2.5x faster than the underlying metals.; e. g., since the March lows, silver is up 75%, while SILJ is up 175%. GDXJ/SILJ are already leveraged ways to bet on gold and silver, so my recommendation is simply to buy them.

If you insist on options, however, Chris Marcus has a good video about it here: https://www.youtube.com/watch?v=qD1TlSk2WcU

>>20598133

This is normal for small-caps. They are extremely volatile. LIO was consolidating today after a 30% move up, Karora after a 47.17% move, PGM after a 70% move, and SUNM after a 50% move. If you buy a stock which is already having a pullback it is less likely to happen. I recommended LIO here, for example, when it was still 1.44 CAD, shortly before the move to 2.08, but should be less likely to recommend it now.

The small-caps which look cheapest to me at the moment are Euro Sun Mining, Fireweed Zinc, McEwen Mining, and Wallbridge Mining.

>>20598179

Junior miners always go up far more than the metals in a PM bull market. First Majestic Silver, for example, went up 150x in the 00s PM bull market. In the 70s, when silver went from $1 to $2, the average small-cap silver miner went up 150x (not 150%). Every dollar which silver goes up by adds enormous value to these small-cap miners. Mines which were closed for decades will soon be opening again.

>>20598105

SLV is a banker-controlled scam, which might fall apart at any time. Stick with SILJ if you want to bet on silver, or the good mid-tiers like Fortuna, FMS, Endeavour Silver, Hecla Mining, etc.

If you buy a mid-tier stock when it is already up by 10 or 15%, then, on the day, it is probably going to go down after you buy it. That is simply the way things are. But, in the long term, you will make money in the miners if silver continues to rise.

>>20592102

Personally I prefer just to buy good small-cap miners and hold them. The average small-cap silver miner goes up 150x in a silver bull market (not an exaggeration; see e. g. First Majestic in the 00s as an example). Silver is leverage on gold, SIL is leverage on silver, SILJ is leverage on SIL, and small-caps are leverage on SILJ, hence why my stock choices are up over 400% since March. (>>20591649.) But yes, if you want to make calls, use First Majestic or SILJ. The only risk with FMS is that they have some sort of tax dispute going on with the Mexican government at the moment; SILJ on the other hand is comprised of 50 different miners, and so hedges risk.

>>20573835

SILJ did not respond so sharply yesterday because it has overextended itself a little, but the long-term trend is constant. I should expect it to be up much more than 2.8% today.

>SILJ for small/mid cap miners etf rather than something that tracks silver

Yes, but this is precisely the point. For every dollar silver goes up, these companies gain enormously more in value. When silver went from $1 to $2 in the 70s, the average small-cap silver miner went up 150x. (Not an exaggeration; look at what First Majestic did even in the 00s.) Expect SILJ to keep going up in a leveraged way to silver. That trend will not break.

>>20554521

I should add to this that, when you consider small-caps, the potential upside is much greater. 100x - 150x gains in small-caps are normal in a silver bull market. That was the average in the 70s, and it often happened in the 00s too. First Majestic Silver, for example, went up 150x.

>>20521777

The average small-cap silver miner went up 150x in the 70s PM bull market. The same sort of thing happened in the 00s. Look at First Majestic Silver; up 150x. That is not "a few empires ago." We just had a nine-year silver bear market; that's normal in markets; everything goes in cycles; people don't make money in them precisely because, instead of looking at value, and getting in early, they presume that the recent past must perpetually define the future. No idea why you talk about stock to flow, since the ratio of gold to silver in the earth is only 1:12. A fair price of silver would be $500 according to David Brady. How is it not clear that, as people come to realize that a currency crisis is imminent and inevitable, they will flock to silver? If you sit this out, you are missing the opportunity of a lifetime.

>>20520863

In a precious metals bull market, small-cap silver miners go up, on average, 150x times. This is simply an historic fact. There is no exception to the rule.