/biz/ - Business & Finance

FUUUUUUCKKKK

AM I TOO LATE TO BUY BULLION???

>>20540870
Jesus smg has the most patrician OP images

>>20540870
When will they date damn it.
Also, silver is pumping still. At 20.633 and rising.

Good lord, is tonight the night

>>20540894
You're early silly. Buy the silver.

>>20540894
Got 5 ounces of gold at 1600 and 95 ounces of silver at 15. Thank you /pmg/.

>>20540894
It'll be too late once your coworkers start mentioning how crazy all this silver and gold stuff on the news is

Continued from before.
What will happen when the chink dam collapses?

Reminder. The next 10 years don't have to be so different. You can still make it.

I own tech. But to put more in right now when it keeps going up.... Not sure how much actual upside is left. I expect to continue crabbing for weeks.

I went all in on CAPR. Please tell me I'm not too late.

>>20540951
Your NIO goes *poof*.

I bought a silver mining pennystock today before markets closed.

I'm a fucking genius.

>>20540982
WHAT STOCK? All my silver is up lately.

>>20540982
Shill me on a silver penny stock, gold and copper, senpai

AZN going to moon tomorrow after the hearing

>>20540914
>>20540915

Warned /biz/ for several months to buy gold before it was too late. (https://i.warosu.org/biz/thread/19669109))

Gave /biz/ a list of silver junior stocks exactly one month ago which are up, on average, by 100% since then; one stock is up sixfold. (See picture.)

This is your last chance to get in at the bottom. I am telling you this for your own good. I don't want the young people here to keep throwing their lives away on crypto exit scams. This is your one real chance to turn your life around.

How do you invest in precious metals? Very easily. Buy the GDXJ or SILJ ETFs--that is all you have to do. Besides that, my favourite list of small-cap miners is as follows; but bear in mind that you should never put more than 1-3% of your net-worth into a small-cap miner:

Adriatic Metals
Alexco Resource
Almaden Minerals
Argonaut Gold
American Creek Resources
Aurcana Corp
Azimut Exploration
Americas Gold & Silver Corp
Avino Silver & Gold Mines
Bayhorse Silver
Bear Creek Mining
Black Tusk Resources
Bluestone Resources
Bonterra Resources
Callinex Mines
Chesapeake Gold
Defiance Silver
Discovery Metals
Dolly Varden Silver
Endeavour Silver
Euro Sun Mining
Excellon Resources
Fireweed Zinc
Goldquest Mining
Great Panther Mining
Highland Gold Mining
Hochschild Mining
Hummingbird Resources
Irving Resources
Karoka Resources
Kootenay Silver
Lion One Metals
Mako Mining
Marathon Gold
Mirasol Resources
McEwen Mining
Musgrave Metals
Newrange Gold
Nicola Mining
Northern Dynasty Metals
Perseus Mining
Precipitate Gold
Resolute Mining
Sabina Silver & Gold Corp
Silver Lake Resources
Silver One
Spanish Mountain Gold
Tinka Resources
Troilus Gold
Vangold Mining
Viscount Mining
Wallbridge Mining

Of these, my favourites are Discovery Metals, Silver One, Callinex Mines, Euro Sun Mining, Newrange Gold, McEwen Mining, Bluestone Resources, Wallbridge Mining.

>>20540906
Nagatoro is the patrician’s choice

>>20540963
>tech
>crabbing
Uh

ONTX CHADS RISE UP

Say you've been holding a stock for awhile and you see the price explode in value. You want to take profit, so do you make a limit sell for what you think the price will be or do you just market sell?

Hmmmmmmmmmmmmmmmmm
https://ge401klitigation.com/

>>20540915
>tfw physical silver ETFs & PM miners
ooooOOOOOOOOOOOOOOOOOOO

>>20541038
QRD? Is this something I should get in on ?

CLKS, price target this week?
This quarter?
300 shares holding.

>>20541014
>>20541004
Sun Metals
https://www.sunmetals.ca/project/

VIX term structure has been fixated on election day since January

>>20540951
WW3

At this point kinda scared actually

>>20541091
it's nasdaq...

I really need to start playing more pharma pnd's. So many moon missions waiting to happen.

>>20540951

as the maker of fortune cookies, the chinese are prepared for every outcome.

>>20541021
>warned you
We know, we were hoping for dips to buy! I only bought a little paper silver at what felt like the top, hoping to DCA down. AND hoping to find physical at a relatively low premium.

FUCK I KNEW IT WULD HAPPEN THIS WEEK TOO WHEN THAT ARTICLE ABOUT POWELL CAME OUT REEEEEEEEEE

Why are the metalposters here?
Go make your own thread

>>20540963
You could see a situation where the traditional brick and mortar companies have lower than expected earnings and tech companies have expected or higher than expected earnings causing even more money to flow into QQQ. I think NASDAQ could easily keep pumping.

>>20541143
Investing.com shows it rising to 20.8

NASDAQ is going to crash Thursday. Position yourself accordingly.

>>20541143
jesus christ

>>20541021
ok but what about all the other ones? you got like 30 different stocks there are we supposed to put like $100 into each one? .. just pick a couple that stand out sheesh

There are two types of people in this world, those who own Tesla and those who don't.

>>20541180
Nobody here is a coinfag, it's all stock or ETFs.

>>20541180
You can buy stock in metal mining companies so it still belongs here.

There, found it for you
>>20538028
>>20538028
>>20538028

Shill me your best tech stock
no QQQ shit

>>20541204
>>20541143
>zooms out
wow it's literally nothing

>>20541014
>>20541004

SLV January calls

>>20541225
PTON

>>20541180

Mainstream stocks and crypto are an absolute joke. My list of stocks from a month ago has demonstrably outperformed them. >>20541021 Verify it for yourself with a simple google search. Since that time, Viszla Resources, up 500%. Great Panther, up 73%. Callinex Mines, up 80%. And they will be up even more tomorrow. How much more evidence do you need before you will listen?

>>20541225
But why would I not shill you (T)QQQ when it’s the best tech stock to buy?

>>20541180
>>20541224
Anon gave a list of fucking etf's and miners. It belongs here.

>>20541050
>ONTX

Quick rundown? Why is it mooning? What is its price target? Will it dump tomorrow? Should I go all in on pre-market or wait for the opening dip?

>>20541207

See the eight at the bottom of the list.

>>20541243
Call options on any tech stock right now would have yielded around a 1000% return over a few weeks. Shut the fuck up retard

>>20541224
lol how mad are you

>>20541092
I've been buying when it's <3.80. Hoping 10 before EOY. I'll probably sell some at that price to lock in gains and hold the rest. I think they would make a great buyout target if they wanted that.

Did we jump from EV to gold/silver sometime today?
What's going on?

I've 10% in Kirkland Lake Gold and 2% in Pure Gold Mining.

Am I gonna see some moons?

>>20540982
God I want to make money looking at graphs and dress sleazecore for the rest of my life that sounds so unbelievably comfy.

>>20541282

Could not care less about arguing with you. I don't want somebody like you to make any money. I'm only here to help well-meaning people, especially the one young ones who keep falling for scams.

>>20541296
We're in inflation prep mode right now
Megacaps, speculative trash, PMs, commodities are the way to go

>>20541321
>metal pennystocks
>don't want to scam
right

>https://youtu.be/ZEcqHA7dbwM

>>20541358
This power....

>>20541293
Their CEO claimed $8 million in sales last quarter, q2. I'd be surprised if it's not $7-9 end of quarter, and $10-11.50 EoY.
Anyone have better numbers or calculations? would love to see better estimates.

Anyone fuck with TNXP? I think it's going on another run tomorrow with there being an after market pump after healthy profit taking during trading hours.

you stupid niggers are going to ruin /pmg/ too. son of a fucking bitch. I swear to fuck, you faggots stay the fuck in /smg/.

>>20540915
Silver's moon theme:
https://www.youtube.com/watch?v=RhuzhkPpKz0

>>20541393
no u

>>20540870
Should be Otakus sicken me deeply edition.

>>20541124
Cool, will give a look

>>20541343

Are you denying what I just said? >>20541243
Is it this difficult for you to do a simple google search and prove me wrong? All you have to do is go down my list and type the names into google. >>20541021 Is Viszla up 500% or isn't it? Is Callinex up 80% or isn't it? Where are the losers on my list? Can you find a single one?

>>20541343
If there was ever a time for metal pennystocks it's QE Infinity, a natural extension of the doombull thesis. My fucking around account is 50/50 tech and metal.

>>20540906
only the best for us coomrades...

>>20541237
>wow it's literally nothing
2016 high will be taken. I'm fairly sure. The conditions for it are good.

>>20541412
dude you listed 183 stocks and happened to be right one like one or two
can do the same for bio penny shits or recent vaccine pharma memes

it's happening

>>20541402
fuck off. the absolute fucking horror of this fucking general... I don't have words. It was the only place I lurked for about a year until VIX decided to shit itself in February and all these fucking obnoxious retards started crawling out of the woodworks. Faggot immigrants stay the fuck out of /pmg/. They are the scum of the earth.

>>20541203
Esplain it to me

>>20541393
I'm going to trade leveraged derivatives of your shiny metals and there's nothing you can do to stop me.

>>20541399
> You may post if it bursts or there is mass flooding below from the release. Otherwise I do no care.
Agreed!
In other news, AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

WHY AM I SO DUMB

nice song, makes me feel like I'm in fallout world again

>>20541393
>le reverse psychology man

Fuck anime.

>>20541358
Show dollar amount

>>20541468
yes, it's terrible what's happened to smg.

Are you the pmg schizo? Sure sounds like it!

Any expectations for LMT earnings tomorrow? They've been stinking it up after the June peak, could a beat change that?

How do I learn to use TQQQ or other leveraged ETF's?
I get long holding them will fuck me with compounded fees, so should I just trade for a week I think will be green and sell?

>>20541538
Post later. Peak faggotry right now.

>>20541542
>I get long holding them will fuck me with compounded fees
????

>>20541468
Also I hope all of the faggots that I'm referring to buy fucking paper and get rekt.

>>20541481
>>20541483
If I have to leave to another board or site because I'm drowned out of my home, then so be it.

>>20541504
No, pochi-poster that spergs about the poor quality of /smg/ since the EV fuckers decided to take root and not make a faggot general and make something good for the board and other anons.

>>20541468
https://www.youtube.com/watch?v=LQCU36pkH7c

>>20541238
at what price?

>>20541468
I also got some decent gun recs a while back from you anons. Thank you again for that.

>>20541542
Something like TQQQ isn’t for swing trading.
It’s better off held or accumulating.

>>20541021
>GDXJ or SILJ
Are we at the top or is there still room and if so why ?

>>20541589
>implying you can't do both
I swing trade NASDAQ futures then dump the profits into TQQQ when it's down.

Silver is moving like a shitcoin.

Something's fucky.

>silver contracts coming due and physical delivery is being taken of WAY more silver than normal?
>rush into silver by some large mover(s) / systemic movement into silver (like bonds have seen)?
>GFC3?

>>20541445

I will do the work for you if you like. All these stocks will be up another 10-20% today, of course, but let us just add the numbers up as of yesterday.

Since 22 June,

Bear Creek - up 34%
Bluestone - 26%
McEwen -- 28%
Avino - 31%
Excellon - 43%
Impact - 59%
Great Panther - 73%
Aurcana - 3%
Dolly Varden - 47%
Silver One - 37%
Viszla - 500%
Argentum - -4%
Kootenay - 34%
Silver Elephant - 44%
Greatland Gold - 3%
First Energy - 4%
Euro Sun - 15%
Callinex - 79%
Metallic Minerals - 12%

Mean increase of my stocks: 56.2%

Versus

Increase of SILJ ETF: 20.36%
Increase of QQQ: 8.12%
Increase of Dow Jones: 2.5%

>>20540870
Any time I spend time away from /smg/ I make make money. I still keep coming here everyday cause you dumb fucks are my only social interaction

>>20541635
i'm up +50% ytd from just brainlessly buying tech and bluechips
these metal penny stocks seem incredibly risky

>>20541588
I shoulda held on SWBI after the name switch. I got a nice ride, but thought that it was overvalued (even when i hopped in for momentum). fatal mistake for the meme market.

>>20541598
SILJ for speculation, GDX/J for a better bet. The composition of the ETF in SILJ seems fantastic. That said, GDX and GDXJ have more room to bump up with regard to their price vs spot back in 2011.

>>20541672

>>20541674
They're only risky if metals go down and if metals go down right now it's probably GFC3 kicking off so we're dumping everything anyway.

>>20541571
mommy

>>20541571
>lbEUrJlB
>>20541571
>pochi-poster abondoned us for pmg "muh silver standard judy shelton and trump are trying to undo the Fed!!"
That really hurts. we'll be nothing but ST and Discord raids, and polretards soon...

Why is paper so bad? You think they'll get liquidated because of delivery fuckery or something?

>>20541635
>cherrypicking
Well it looks like NRG hasn't mooned yet then!
>up 8% today
SON OF A FUCKING WHORE
IT ALREADY BUSTED OUT OF THE FUCKING BOLLINGERS AND PULLED A 3.5X

>>20541674

Watch what they do today. They won't be "penny" stocks for long.

>>20541700
Didn't PM's shoot off like a railgun after that dip?

You faggots have issues.

>download Robinhood
>give them all the information they ask for
>still processing
>it's been a day
What do?

>>20541775
Yes but they dipped during it, because banks went into "sell fucking everything" mode.

>>20541635
You are legitimately retarded, you are comparing risky penny PM stocks to unleveraged indices that have a fraction of the risk. Just post your portfolio, the total lifetime return, not the period when you decided to get a hard on for precious metals and start obnoxiously posting about them here only after they've gone up.

>>20541674

>ytd

Also, do you understand that my calculated mean increase is from 30 days ago, when I recommended my stocks, and not the year? If you calculate from the March lows you get enormous figures. Callinex, to choose one at random, up 366% from that point.

>>20541806

>after they've gone up.

The date on my picture is 22 June 2020. It is now 21 July 2020. My stocks have demonstrably gone up by a mean of 56% since that point, as I just showed you. >>20541635 Nothing more needs to be said to you, really.

>>20541806
>reee risk bad boomer stocks good
did you miss mvis AND wkhs AND nio too

>>20541700
>probably GFC3
anon... don't shoot your load so early.

It's probably just the market taking Powell's statement (did he make it yet?) as an assurance that he'd rather debase the currency than let deflation sink it's ugly fangs in.

>>20541809
well that's +50% incredibly safe with very many big dollars
i wouldn't for example buy penny metal stocks with $100k as i did with lets say nvidia
which ones in this list is the best if you were to buy tomorrow >>20541635
and mind i don't particularly give a shit about it being silver, only if it makes me money like those shitty bio and pharma pumps do

>>20541866
If the market trusts Powell gold and silver go up. But if gold and silver go DOWN at the same time as everything else, that means the banks are dumping for liquidity again.

>>20541635
I had a meme position in Midas and it just exploded today. I don't like having this micros because i've never dabbled there before. Feels like 2017 crypto. I'll keep playing like that teeka guy from back when - wide net.

>>20541708
Make sure to tell your mommy you love her.

>>20541736
I've lurked /pmg/ for a while too, just a lot more lately since I've been staying away from /smg/. Maybe it's time to ascend, git good, and drop bombs like those odd one off anons that pop in every now and then.
>Why is paper so bad? You think they'll get liquidated because of delivery fuckery or something?
It's not, I'm just spouting some hyper stupidity. because I feel threatened. I usually only post when I feel that I have something to contribute, and normally it's much easier to contribute when things should be ammended. posting something new and insightful is much more expensive and difficult. I'm not experienced enough to really believe I can contribute like that, although I've been spitting about PM, iron, (copper and agri commodities now too) for a good while.

>>20541843
No, I made thousands off WKHS after buying at $5. You can't do a proper comparison between fucking penny stocks and indices, you fucking retard. At least use something leveraged like TQQQ so it's even remotely risk adjusted.

Holy fuck I should have checked the EPS for LOGI because of course it was going to blow the fuck out of the prediction. Everyone's grabbing webcams and computer accessories. LOGI to like $80+, if not 90.

>>20541886
additionally, if this happens, I would strongly advise to buy the dip. I don't like the joke, but this would be the dip. Additionally, skip on physical if premium doesn't go down, go straight for miners and maybe options (those premiums will likely also stay high).

SLV $19 CaLL 10/16 Buy, $1.04 Limit Price

>>20541886
That would be the le dippe, and could happen in tandem with the broader market. Which, for those of us with large cash positions, would be based and redpilled.

>>20541905
>it's much easier to contribute when things should be ammended
kek true that
I love our correction posters, who come in to post a higher quality image, correct terrible grammar politely, and call out blatant shilling.

>>20541152
correct. for months it will be that way. probably a lot longer if they cant "cure" it.

>>20540894
Never too late to start stacking

>>20541565
>>20541589
I guess it isn't fees, it is the fact that they compound dips as well as ups, and can be much more destructive if it starts to crab or go down.

>>20541964
>>20541152
how to find those moon missions?

Is that anon who was building the robintrack API still around?

>>20541977
certainly feels too late when it's hitting new 52 we

>The market will continue going down as soon as:
T̶h̶e̶ ̶f̶i̶r̶s̶t̶ ̶q̶u̶a̶r̶t̶e̶r̶ ̶e̶n̶d̶s
J̶o̶b̶l̶e̶s̶s̶ ̶c̶l̶a̶i̶m̶s̶ ̶s̶t̶a̶y̶ ̶e̶l̶e̶v̶a̶t̶e̶d
C̶o̶r̶o̶n̶a̶v̶i̶r̶u̶s̶ ̶c̶a̶s̶e̶s̶ ̶a̶n̶d̶ ̶d̶e̶a̶t̶h̶s̶ ̶s̶u̶r̶g̶e
Q̶1̶ ̶e̶a̶r̶n̶i̶n̶g̶s̶ ̶d̶i̶s̶a̶p̶p̶o̶i̶n̶t
A̶p̶r̶i̶l̶ ̶u̶n̶e̶m̶p̶l̶o̶y̶m̶e̶n̶t̶ ̶n̶u̶m̶b̶e̶r̶s̶ ̶c̶o̶m̶e̶ ̶o̶u̶t
R̶e̶-̶o̶p̶e̶n̶i̶n̶g̶ ̶h̶o̶p̶e̶s̶ ̶a̶r̶e̶ ̶d̶a̶s̶h̶e̶d
V̶a̶c̶c̶i̶n̶e̶ ̶e̶u̶p̶h̶o̶r̶i̶a̶ ̶f̶a̶d̶e̶s̶ ̶a̶w̶a̶y
R̶e̶a̶l̶ ̶e̶c̶o̶n̶o̶m̶y̶ ̶s̶l̶o̶w̶s̶ ̶d̶o̶w̶n
T̶h̶e̶ ̶F̶e̶d̶ ̶d̶i̶s̶a̶p̶p̶o̶i̶n̶t̶s̶ ̶i̶n̶ ̶t̶h̶e̶i̶r̶ ̶s̶t̶a̶t̶e̶m̶e̶n̶t̶ ̶a̶n̶d̶ ̶p̶r̶e̶s̶s̶ ̶c̶o̶n̶f̶e̶r̶e̶n̶c̶e
M̶a̶y̶ ̶u̶n̶e̶m̶p̶l̶o̶y̶m̶e̶n̶t̶ ̶n̶u̶m̶b̶e̶r̶s̶ ̶c̶o̶m̶e̶ ̶o̶u̶t
T̶h̶e̶r̶e̶'̶s̶ ̶a̶ ̶2̶n̶d̶ ̶w̶a̶v̶e̶ ̶o̶f̶ ̶C̶O̶V̶I̶D
R̶e̶-̶o̶p̶e̶n̶i̶n̶g̶s̶ ̶a̶r̶e̶ ̶r̶e̶v̶e̶r̶s̶e̶d
T̶h̶e̶ ̶2̶n̶d̶ ̶q̶u̶a̶r̶t̶e̶r̶ ̶e̶n̶d̶s
Q2 earnings come out <-- YOU ARE HERE
$600/week ends
Stimulus hopes vanish
Schools reopen and COVID cases surge
Vaccine takes longer than expected
Q3 re-balancing ends
Election is over
2020 ends

>>20541923
Buy on open tomorrow?

>>20541987
you should zoom out. >>20540960
not a single down year if you consistently buy every month or so.
tqqq will only fail if america and its market fails and if that happens, everyone is fucked, not just you as a tqqq buyer

>>20542032
honestly i just look in this general and the penny general and people point out all the prospects.

>>20542036
>The market will continue going down as soon as:
I go all in

>>20542036
I'm still quite confident we will retest march lows and it will probably begin this week. I'm shorting the market big time right now.

well.. using optionsprofitcalculator I found out that if I were to sell my already two profitable calls to buy two more (4 total) new calls and if MSFT was to hit 220 on the 23rd my gains would be pretty much exactly the same.. however my two calls I already have are much less volatile and have pretty much the entire expiration as green... very interesting but makes sense I guess...

>>20541633
If you think it's being stupid now, wait until until breaks above $22. If it does that, and I'm not saying it will, but IF it does, you will see the true power of a market rush on precious metals.

>>20542032
https://robintrack.net/ <-- he posted that url

TALK ME OUT OF IT STOCKBROS

I'M GONNA... I'M GONNA STAAAAAAAAAACKKKK

>>20542121
kek he was building a scanner based off of the info from that website, thanks though.

>>20540951
Millions of chinese die
Some factories getting destroyed
Some production chains might be disrupted for months
Then everything will be just as before

>>20540967
What does the dam have to do with NIO? Please dont tell me they were dumb enough to build their factory behind a creaky old dam.

So do I just mail this to Robinhood tomorrow or what?

Rip

>>20542103
>optionsprofitcalculator
I've been messing around with that today. It only calculates at a fixed contract price, right? It's not really meant for buying the contract and then selling it, correct?

I mean, rip. What does this mean

>>20542103
>Sony: Cover up those anime tiddies. We are a family company and that's too far.
>Also Sony: This scene of a faggot fucking some degenerate tranny in the turdcutter: Oh yea perfectly fine.

>>20542156
functionally, robinhood users are basically fodder for others to dump bags on

>>20542213
You can't sell something the same day you by it, until either Oct 18th or you get $25,000 in your account.

>>20542213
you were detected as a retard that needs to be protected from losing money. nothing more than that, it's nothing bad. just a burger thing

>>20542160
No, but NIO is being backed by the ccp. Funds will divert to repair damages and there's also loss of potential customers. There will definitely be panic selling, that's for sure though.

>>20542230
true, but they are also the first lemmings in, and their moves during this time period seem to last all day long as long as it doesn't dump into the opneing bell

>>20542200
no you can edit the price at which you bought it.. I think you have to do the advanced options and manually enter your volatility % too otherwise it won't calculate properly.. it doesn't match perfectly to what RH shows for me but it's pretty close.. off by like ~$50 or so


also I think my math is wrong I might be retarded.. buying two more contracts would be a bit more money if it goes up more.. HMMMMMMMMMMM

>>20542200
More importantly it doesn't reflect implied volatility, which will really fuck your day. Screwed my RTX options. I'm lucky I left that with a minor profit.

>>20542248
So youre fudding my NIO then? Motherfucker, dont make me come over there.

>>20542263
Neat, will continue to mess around with it tomorrow. Thanks anon.

*ahem*

Precious metal and their respective stocks are the biggest bubble on the planet. The price has gone way further than the inherent value of the metal for any useful applications and it's been hoarded for decades, creating a stockpile that will greatly lower the price if they ever start trying to sell it. The idea that a fucking piece of metal could possibility have use as a currency will die off with the baby boomers and the price of precious metal should drop to their true value.

In before a bunch of people cope posting and talking about it's use during an apocalyptic type situation. Guess what, if that ever happens people will trade useful objects and not stupid bricks of metal.

China stocks going haywire

>>20542213
It doesn't mean anything, keep buying and selling. What's your address btw?

>>20542240
but but I thought I was doing ok for a zoomer who started last week. I guess I had do some day trading fuckery to get myself outta that dip

>>20542320
I don’t look at Asia markets, what’s the general census?

>>20542285
I bought no puts or calls on NIO anon. I bought calls on TSM. TAIWAN #1.

>>20542320
wdym?

how much longer until nkla collapses to $0 and the scam artist behind it loses his $250 mil mansion he bought from selling shares goes to jail

>>20542306
fiat currency and QE. That's why. In order for metals bubble to pop fiat has to recover first. More importantly trust in fiat currency and trust in central banks to curtail inflation has to return. Fed is leaning towards allowing inflation, for now, in order to prevent deflation.

>>20542377
Literally they've only sold t-shirts.
Can't blame him really. Idiots didn't research shit.

>>20542320
That's because just yesterday the Chinese government admitted that the 3 gorges dam has moved, leaked and distorted. We're about to see a major happening that could potentially kill millions. That's not even including the fact that their crops have been completely flooded out and they will need international aid to not starve. Anyone investing in Chinese anything right now is stupid as fuck. The next flood waters are supposed to hit the dam tonight or tomorrow so who knows when that thing is going to go.

>>20542306

hello, 99% of my net worth is crypto
please give me a QRD on cute anime girls and stocks

>>20542400
Idc dude nio niggas still strong ching chong bing bong

>>20542400
Hoover dam also leaked after it was built and was fixed.

>>20542420

meant to reply to >>20542355
>>20542361

>>20542306

>Precious metal and their respective stocks are the biggest bubble on the planet

House prices are 8x earnings -- they should be 2.5x earnings.

P. E. ratios higher than ever before in human history - historic bubble in stocks.

Yields are now negative -- bubble in bonds.

All three of the above phenomena owing to artificially suppressed interest-rates.

Meanwhile, gold would have to triple to $4800 reach its ATH of $1900 in real times. Silver is even cheaper than gold, and should be at least double what it is worth now in relation to it, in order to return to a historically normal level; and mining stocks should be quadruple what they are.

The value of precious metals is that they preserve purchasing power and function as money, money being the foundation of civilization. They thrive in precisely the kind of environment which we are presently in -- high inflation and one of a currency crisis. Hence why people could buy mansions for a few hundred ounces of silver in Weimar Germany, and gold went up 25x in the 70s. In short, you are talking utter nonsense.

>>20542306
>that ever happens people will trade useful objects a
Imagine listening to someone too dumb to recognize that people have used mediums of exchange since the fucking iron age, because bartering doesn't work on a meaningful scale.

>>20541050
We are going to make it, brother. $5 EOY

>>20542166
Hold on to it... that much on the market at once will move the price. Call a professional PM guy to help you

>>20542424
BILI is the ticker.
Bilibili is the website.
It's a Chinese anime website stonk.
So in China, people created content isn't separated from studio created content (think youtube vs. netflix). Bilibili is more of a youtube than it is a netflix.
Only worth about $12 billion atm. Buy now, regret never.

>>20541939
more on this, if you're feeling FOMO on gold miners, buy some now. There's room for about a 30% to 75% increase sitting right in front of you via GDX/GDXJ. Silver miners - if you want to hedge a little bit, zinc, copper, and lead miners. Otherwise SILJ is likely the most secure. You need to dig the archives and look for smarter posters for the micros and juniors that are worth a damn in silver.

>>20542517
platinum and palladium also

>>20542435
I don't think you understand the situation China is in right now. They literally and I mean that in ever sense of the word, used explosives to blow open another dam down river of the 3 gorges to eliminate pressure. You're either a Chinese shill or you're not watching any of the news. We're talking millions of people that will be swept away in a wall of water. These are once in a millennia level floods. Entire towns have already been flooded under water, with people stranded there. China's capital just went into a war time level notice where all travel is suspended within the capital. Watch the news nigga damn.
>>20542431
Hope they make boats too.

I bought $19 SLV Calls for October and putting profits in SILJ

so
is tesla doing another retard strength move up tomorrow

MRO anons will we get bought out by a major will we make it? Or am I stupid for believing in MRO?

>>20542598
>buying oil and not just buying tech
why?

>>20542578
Line went up fast. Maybe come down now?

>>20542543
THEY ACTUALLY DO LMAO
CHING CHONG BING BONG FAGGOT

Need a quick rundown on the silver meme

>>20542543
Correction* Xinjiang's capital, which is a region in China. Not Bejing.

>>20542598
>buying oil stock when oil price has dumped to lowest ever in years
what the fuck even??? what even went through your skull

>>20542611
Cant stand tech in general. Believe in Boomer juice, but then again I was looking for cyber security stocks.

Seems like a good idea to short Chinese stocks because of this dam shit IMO

>>20542653
why are you doing this if you hate making money lmao

>>20542628

See >>20542469

>>20542642
Thought I was in it for the long haul but now realized I might have played myself. Its worse I also have RTX and OKE for that natural gas midstream.

>>20542653
if you don't like making money why are you trading? who cares what sector it is, as long as its profitable

>>20542675
>RTX and OKE
dear lord
well you just missed amazing 3 months for bluechips and tech so i don't know what to recommend besides hoping their lines just keep going up

>>20542684
Originally thought of myself as an investor but now realized that I have no reason to really invest.

>>20542469
>Weimar Germany
Jesus Christ man this is off the reservation, the Reichsmark was a joke and never a reserve currency and they were actively devaluing it even adulterating the coins denying that it had come unpegged from the metal standard, or something like that.

>silver should be valued in relation to gold
...what? No that’s a silly thing but fun to talk about.

Anyhow, I think I might buy some slv calls in the morning and hope the momentum keeps up.

>>20542469
>Meanwhile, gold would have to triple to $4800 reach its ATH of $1900 in real times
That doesn't mean anything, it's still a bubble regardless of if the bubble was bigger at one point. The bubble has existed for decades now, if not centuries. Stocks actually have metrics where you can prove or disprove that they are overvalued, metal doesn't really have any of that beyond what the industry will pay to use them and they've already cut the use of most precious metals down to only the most necessary applications. Read that again, precious metal actual has less use now, not more.
>P. E. ratios higher than ever before in human history
This isn't true. The Shiller PE is high but it has been much higher and it doesn't give the full picture because there are more stocks growing at a faster rate than the historical average.
>The value of precious metals is that they preserve purchasing power and function as money
Except it doesn't. They have no more value for the function of money than baseball trading cards. The vast majority of people won't except metal as payment. There are videos proving that if you offer people on the street $5 or an oz of sliver the majority of them take the money despite it being worth much less.
>few hundred ounces of silver in Weimar Germany
What could you buy with a tulip during its bubble? It doesn't matter.

>>20542715
OKE was almost back to $50 and then shit the bed at $48 with the fears of the second lockdown and then that activist judge who shutdown DAPL was a bad 1-2 punch.

>>20542642
>buying oil stock when oil price has dumped to lowest ever in years
Anon.... think about what you have written here.

>>20542306

i agree with you, and i think their long-standing historical value will not hold in an increasingly digital age.

im not above trading through whatever boomer euphoria arises though

>>20542517
What’re you in/going for?

>>20542676
Need an explanation why silver mining companies are rallying

>>20542755
Did you miss the “oilchad” moment, after RTX crushed them?
Many
>“you’re a fucking retard if you think oil isn’t going to be a major fuel source for decades to come you pussy faggot. Go ahead and short my xom you won’t”
straw-men

>>20542626
You’re cringe as fuck dude.

>>20542479
Imagine thinking that a worthless piece of metal would be used as a medium of exchange during the fucking apocalypse and not something useful. Once a stable society forms, they're not going to use metal because they have no control over the production of it and the new government would be unable to control its supply. All currencies naturally go fiat for that reason.

>>20542755
if you're implying you think that WTI or brent would bounce back up, that oil stocks would suddenly go back to their old prices, it's terribly wrong. if you believed in just the commodity going back up, you should have bought the wti contracts (already +400% there)
oil stocks are fucked for months if not years

>>20542741
>tulip mania
Begonia boom

>>20542675
>RTX and OKE

>>20542626
That CCP money is going to be pulled. Hope you get out early tomorrow, just confirmed that the next round of flood waters is hitting the dam tonight.

>>20542816
I also have SSL.

>>20542628
>Bogdanoffs have been hoarding silver since the dawn of time at Ft. Bogdanoff
>Rothschilds purchasing Gold to distract from Bogdanoff silver accumulation
>Grays value silver 1:4 ratio with gold
>Amplifies ESP abilities
>The last global collapse was fought over silver
>Shadow banks settle debts with silver bullion
>Has been the world's currency through three civilization cycles
>Silver will be the currency of the first mars colonies
>Silver is encoded to restore telomeres indefinitely
>First designer babies will in all likelihood be blue
>Silver stackers alleged to have an average IQ of 215+

>>20542762
I'm in the major/junior ETFs and a few micros. Accumulating GOLD. Heavy in GDX and SILJ. my other bets are COPX and TECK / XME. an anon had good advice on the latter.

>>20542741
India, China, pretty every non-Western culture buys Gold. The populations who are many times larger, and not nearly as poor as they were a decade ago. The US is both the anomaly and minority on the World stage.

Is this IT bros?? The inflationary pump before the dump like Dalio talked about in PRINCIPLES?

He rode silver up pretty damn high...

>>20542819
>I just bought cqqq
Hmm? You think tonight’s the night? I thought a week ago Friday was the night?

>>20542853
Based booyahman
Based Barrick stacker

>>20542853
>Bogdanoffs have been hoarding silver since the dawn of time at Ft. Bogdanoff
>Rothschilds purchasing Gold to distract from Bogdanoff silver accumulation
>Grays value silver 1:4 ratio with gold
>Amplifies ESP abilities
>The last global collapse was fought over silver
>Shadow banks settle debts with silver bullion
>Has been the world's currency through three civilization cycles
>Silver will be the currency of the first mars colonies
>Silver is encoded to restore telomeres indefinitely
>First designer babies will in all likelihood be blue
>Silver stackers alleged to have an average IQ of 215+

>>20542730

>Jesus Christ man this is off the reservation, the Reichsmark was a joke and never a reserve currency and they were actively devaluing it even adulterating the coins denying that it had come unpegged from the metal standard, or something like that.

This is irrelevant to the point. The point is that, when a paper currency collapses, precious metals become extremely valuable.

>...what? No that’s a silly thing but fun to talk about.

"Silly" in relation to what, all of human civilization since the days of Lydia and ancient Greece? The gold-silver ratio, and the property of silver as money, are constant facts which have lasted for ages.

>>20542741

>Read that again, precious metal actual has less use now, not more.

The use was just explained to you. Money. Precious metals are the only sure way to store and exchange our labour, which is a thing of incalculable advantage. They move us past the barter system, and lay the foundation for civilization. Fiat currencies can't do store labour; they get debased. 98% of their purchasing power is already gone. Cryptocurrencies are ten a penny, and contain no uniquely intrinsic properties. No. Gold and silver are the standard which is universally agreed upon; always has been, always will be.

>What could you buy with a tulip during its bubble? It doesn't matter.

A bubble doesn't last. Gold and silver have lasted, for five thousand years. Your comparison does not hold any water.

>>20542853
>>20542888
what about future proofing for the war against nazi vampires

>>20542810
You're completely backwards man. Fiat forms AFTER a strong sensible government is formed around non-fiat money.

>>20542816
Any deals left anon so I can rectify mistake or should I hit the bottle again?

>>20542920
palladium to make more catalytic converters

thoughts on SPCE?

>>20542853
Wew lad I'm buying tomorrow

>>20542862
I don't think the dam will go in all honesty. China has been opening other dams and flooding entire towns and villages to alleviate some of the pressure, and I think they'll drown hundreds of thousands before they let the dam collapse and drown millions. Like I said earlier though, their crops have been destroyed. They might have enough if a stock pile for this year, but it's going to run out at some point. You're probably safe for a while.

why are you faggots talking about shiny rocks? this isn't a stone age society anymore/yet, only boomers, jews, and mythological creatures see any inherent value in gold silver or stocks. The God protocol will solve the monetary system, trustless transactions and human interconnectedness is the future of value transfer not physical objects.

Take that shit to pmg where it belongs, mining stocks are not the way you are going to make it.

>>20542730
>the "reichsmark wasn't a reserve currency" poster is back
no need to speak we can already see the star on your armband

>>20542997

>mining stocks are not the way you are going to make it.

Our shares of FVL must not have gone up 40x in a few months.

>>20542951
Things have a tendency to go horribly wrong in companies I invest in. I bought BA the day before the Ethiopian airlines crash. I’m afraid if I buy SPCE their orbital would pull a space shuttle Colombia on its next flight

>>20542918
It’s relevant because you choose that example to take things to an unnecessary extreme and it makes your argument less credible.

The gold to silver ratio existing doesn’t mean it’s a valuable tool. It doesn’t make sense to me why you’d think it necessary to revert. It’s not exactly a substitutable good like coal for oil or wheat for rice. I’m sure there’s some sort of gold/wheat ratio or silver/wood ratio if you look back through history.

This metric fascinates me as I don’t see the logic.

>>20542993
>Like I said earlier though, their crops have been destroyed
Really?? Where’d you say that? Shit could this really be a repeat of something like the 2007 food pricing crisis?

Can’t rice paddies survive a few days of flooding? And then they’d have to get some slave peasants out there to farm it, I bet they could make it happen maybe.

>>20542997
Le jew is found
I will now retract my argument and go back to my cave, I didn’t realize I was in the presence of such a polchad.

Also you’re a faggot

Is this the silver run up to 50 dollars an ounce again like last time

>>20543025

Gold and silver are found in the ground, roughly, at a ratio of 1:12. That is also what their ratio of value has tended to be historically. The past 100 years or so are an anomaly; and, even within them, 1:90 is extremely abnormal. It should be at least 1:50. Manipulation by the banks is why silver has been suppressed for so long. See Chris Marcus, Arcadia Economics on Youtube, and his book The Big Silver Short.

>I’m sure there’s some sort of gold/wheat ratio or silver/wood ratio if you look back through history.

Precisely, and it remains fairly constant. See what John Williams has to say about this. It is a worn out trope repeated time and time again that you could buy a toga with a gold ounce in ancient Rome, just as you can buy a fine suit with a gold ounce in modern-day London. Over time, commodities tend to preserve their relative value to a remarkable degree.

>>20542935
alcohol is a good deal

>>20543097
Conditions are a bit different this time. We'll see.

>>20543109
Diago or BUD?

>>20543025
We see the data that it spikes every recession, and reverts after every one. Currently it has spiked. I can't tell you why it's like this, there are an infinite explanations you can come up with, some more likely than others. What I can tell you is we're following the historical trend to a tee, and if you're going to bet against it you better have a strong excuse. Again, I don't know why the Gold Silver ratio behaves like it does, but we do know it behaves this way.

I'm making thousands using this ratio.

>>20542741
>Stocks actually have metrics where you can prove or disprove that they are overvalued
I will play this game before I drop off for bed like the bad wagie that I am.
>Metrics are relative
>prices are subject to market forces
>market forces are influenced majorly by capital inflows and outflows as well as other macroeconomic forces, however ultimately these are all the summation of preferences
>if market price is the summation of preferences
>>there is no objective price for a given equity
>>there is no way to account for changes in human preferences
>>changes in sentiment are completely valid preferences
>therefore there is no such thing as overvalued or undervalued stocks
You're starting to play a game where if we keep just going up, valuations will include a corporations total available credit in their PE.

>>20542997
>trustless transactions and human interconnectedness is the future of value transfer not physical objects
>this faggot's in a fucking stock market thread
KEK

>>20543116
Yeah conditions are much worse, I have a feeling this is to do with EU agreeing on the 750bn stimulus deal last night the market knows inflation is going to wreck our shit so PM’s are going to pump

>>20542861
They buy millions of items that may or may not have use, it doesn't mean any of them function as a secondary currency. They could simply consider PMs as a investment and a way to diversify.
>>20542918
>Precious metals are the only sure way to store and exchange our labour, which is a thing of incalculable advantage
Oh really? I guess the value of labor keeps fluctuating instead of you know, gold and sliver moving based on bullshit like belief that it has any purpose outside of functional uses. Nothing is stored in it, only what someone else will pay for it which is no different than any other currency, except it isn't a currency because no one actually uses it like that outside of the PM market.
>Gold and silver are the standard which is universally agreed upon
Try to pay someone in sliver then. No one would actually trade with you if you offered them gold or sliver instead of fiat money. Just because you think your shiny metal has value doesn't mean that other people agree with you on it. The price doesn't represent the true value to the public because it's not vetted by the public, only other people trading PM.
>A bubble doesn't last.
Neither will this. If you think 5000 years from now people will be trading metal, you're retarded. Bubbles can last for thousands of years before people come to their senses.

>>20543130
no i meant in the store, its still cheap go drink some

>>20543169
>Try to pay someone in sliver then
try to convince someone to let you wear a full respirator in February you daft cunt.

>>20541587
Anything will do. I have positions at $19, $21, and $31

>>20542997
They complained about not having a thread so they thought /smg/ would like to hear their shit, thus this disgustingly bad thread came to be.

>>20543007
If you actually went all in on some meme pennystock on a thirdworld stock exchange then good on you man.

I'm talking about people investing in real companies that are mining metals which are now making a marginally higher profit from current events.

>>20543081
eat my dick semite

>>20543159
my 07/30 2500 tesla calls (that will print) are a trustless transaction payed for by human interconnectedness

any fellow KTOV chads get their email to vote on their August 6th meeting? I don't want to award this Jew if the stock price isn't above $1

>>20543169
I would gladly take my pay in silver if it meant not getting the IRS involved and it was someone I trusted not to be selling me chinkoid knockoffs.

Anyhow, your argument seems flimsy at best. The value of labor does fluctuate. Everything does. The point is that people have historically been willing to pay for shiny rocks even as empires rise and fall and buildings turn to sand.

It’s a good asset to have in your portfolio during times of crisis and uncertainty.

>>20541542
Buy TQQQ, hold TQQQ, continue buying TQQQ. simple as

>>20543169

>Oh really? I guess the value of labor keeps fluctuating instead of you know, gold and sliver moving based on bullshit like belief that it has any purpose outside of functional uses.

As I explained in this post, >>20543106
what an ounce of gold or silver will buy you is fairly stable throughout the ages. John Williams has shown this. Sometimes it buys you is somewhat more, at other times somewhat less; but there is a rough constancy in it which is ever-present.

>Nothing is stored in it, only what someone else will pay for it which is no different than any other currency, except it isn't a currency because no one actually uses it like that outside of the PM market.

Are you aware of the fact that the dollar has lost 99% of its value against gold since the Federal Reserve was formed? That is true preservation of one's labour. Your paper dollar from fifty years ago is worthless, but your gold ounce is just as useful.

>Try to pay someone in sliver then. No one would actually trade with you if you offered them gold or sliver instead of fiat money.

Only because the government forces people to use fiat. Fiat is in circulation only by the threat of violence, because it is useful to the pernicious ends of governments. It allows them to spend and warmonger to their heart's content. But it is about to collapse whether governments like that or not.

>>20543224
Of you fry it up for me I just might.

(You sound like a homosexual brainlet btw)

>>20543229
Now do FNGU

>>20543224
>a trustless transaction
who's the broker and custodian of your data? who's the auditor? who's processing the transaction back to your checking account? you're fucking retarded.

>>20543209
Guess we should just talk about the millionth shilled shitcoin like everyone else has been doing on this site for the past 4 years.

>>20543247
what the fuck is a broker

>>20543262
>i'm pretending to be retarded
stupid underage

>>20543191
What is even your point? You didn't need to convince anyone to let you wear a full respirator, no one was stopping you. You do need to convince other people to trade with you with gold or sliver and the majority of people won't. I'm not going to accept your metal that you state has some arbitrary value anymore than I would accept some baseball card from you or exotic clay bricks.

>>20543271
>actually being retarded
damn ill tee up the next one real easy for you champ

>>20543169

>Bubbles can last for thousands of years before people come to their senses

I neglected to address this piece of nonsense. Do you care to tell us of a bubble which lasted for "thousands of years"? I know of the Tulip Mania, the South Sea Bubble, the Mississippi bubble, from history. But no "bubbles which lasted for thousands of years."

>>20543081
I said it here
>>20542400
The problem is that this isn't just a couple day flood, they've been flooding for over a month now. It's not that the rice is underwater, it's that it's been completely washed away, and tons of food storage facilities have been flooded out as well.

https://www.google.com/amp/s/www.cnbc.com/amp/2020/07/15/floods-coronavirus-create-more-uncertainty-for-china-as-food-prices-climb.html

I'm surprised more people don't understand how royally fucked China is right now. This is a once on 1,000 year flood that has already wrecked entire villages and towns. People stranded in their homes with no government support. I'd be surprised if a few thousand haven't died already in rural areas from starvation. Of course we'll never know the actual numbers but "quit CCP" was trending at +150% yesterday on Chinese google.

OOOOOOOOO
TSM BOYS WHERE WE ATT!!???

THIS THING IS KEEPING UP WITH THE CHINK SCAM SEMICONDUCTOR SMIC’s CRAZY PUMPING!!

Also noteworthy, CQQQ top holdings are pumping, I may not have picked a bad fomo.

>>20540870
Gyarus are kind of yucky... ngl
All the makeup is too whorish

>>20543276
>What is even your point?
>You didn't need to convince anyone to let you wear a full respirator
https://abcnews.go.com/US/airline-removes-gas-mask-wearing-passenger-panics-travelers/story?id=68687275
no one likes you. You also don't understand the definition of money.

>>20543293
>trustless
>trusts the banks and brokers or crypto swap services that aren't done via smart contracts
do i need to spell it out again
>inb4 hurr that's what i was talking about

>>20543307
Rural China doesn't matter when it comes to their economy. It's the equivalent of losing 4-5 rural states in America; literally nothing.

>>20543226
are you posting from 3 months ago

liquidate by EOD tomorrow. only warning. screencap.

>>20543338
>You also don't understand the definition of money.
retracted. I skipped the rest of your post because the retardation was too heavy in the front.

>>20543307
Holy shit if true. The worse it gets though, the more likely they’ll be to pump the market to distract?

Maybe I should just sell CQQQ and look into rice futures.

>>20543144
Wait I thought was historically crazy low or something. I missed the run and I’m buying the pump, arent i?

>>20543338
you are one stupid stupid dumb mother fucker

>>20540870
Silver is basically vertical

>>20543186
Dont know what to drink got any recommendations related to my pic? Whiskey-Rum- Moonshine?

Which will be the next biotech company to blow up?

>>20543276
>>20543372

I don’t know what you two morons are arguing about, but could you keep fighting? You know. For my personal entertainment and such

>>20543338
Thus confirming my theory that 90+% of the jews posters are clueless.

OOOOOOOOOOOOOOOOOO
HERE WE FUCKING GO BUYS
SQQQ AND SPY PUTS FUCKED TODAY

>>20543276
Like I mentioned here:
>>20542861
You can go to all these third world countries (where they actually make shit)and exchange Gold for goods and services. The Petro Dollar was proven dead on arrival from the Rooskies and Mudslimes actions, and America can't even cover it up through a War since it'd trigger total country collapse as Dems would lose their mind against Trump.

America got caught with its pants down, and has now got to at least make some non-schizo powerplay on the World Stage to even remotely slow down the dollars devaluation, if even a hope in hell of fixing it.

>>20543412
her tit would have flopped out irl. i cant tolerate dishonesty in cartoons.

Why do bobos Bobo every fucking day?

>>20543240
>Are you aware of the fact that the dollar has lost 99% of its value against gold
The dollar is temporary mechanism of trade and isn't considered an investment. If you want to retain value with fiat, you have to use it to do something else. You can't do anything with gold, you're not able to buy stocks or bonds with it without converting into cash first. If people just wanted their money to retain value, they would put it into a GIC, they wouldn't be buying PMs because they still swing widely even if they roughly have the same value throughout the centuries. There are plenty of people who bought in a certain and it's now worth a fraction of the amount, go tell them that you can still by a suit with it and watch as they spit in your face. Their labor was not preserved.

>>20543412
Based Training with Hinako poster
I’m gonna do push-ups right now

>>20543346
Are you illiterate? This isn't about rural China. I simply mentioned rural china because they're already flooded. Get it together retard. The entirety of the CCP is under fire right now and the entire country is facing the largest natural disaster in over 1,000 years. The entire country, not just the rural parts you downey.
>>20543386
I mean, maybe. You can't really distract from cities flooding. Wuhan's average elevation is now lower than the water levl in wuhan. Streets in major cities are flooding.

>>20543294
A bubble is anything where people have an inflated sense of the value of something that rapidly drops at one point, it's not just a reference to stock market bubbles. There are literally tens of thousands of items and goods that have a fraction of the value they once had. Fur would be a good example because it was also heavily traded for most of history and it is now worth very little to most people.

>>20542779
Silver over 20$/oz, expected to rise further, futures nearly 21$/oz
Miners can sell for profit now and will likely be able to sell for more profit in the future

>>20543486
Soooo your outlook for China is bad? When is that shithole gonna collapse?

>>20543467

>There are plenty of people who bought in a certain and it's now worth a fraction of the amount

Gold is about to break its ATH from 2011, so you are wrong about that. It already has done so in every other currency, and it is going to do so in the dollar presently. Gold always retains its purchasing-power over time, even when those in positions of authority do all they can to suppress it.

You say that "stocks or bonds" preserve value. Let us address bonds first. In a high inflation environment with low yields, such as we have now, or such as we had in the 70s, bonds are worthless. Inflation was so bad in the 70s that you bought a bond for $100,000, and got back the equivalent of $50,000 when you were done. They were jokingly referred to as "certificates of confiscation." As for stocks, they can crash to zero at any time; but gold never crashes to zero. It might go down temporarily, but it always comes up again, and reasserts its place among, and relation to, other tangible things.

>>20543543
There's no telling. If the dam collapses, which is a possibility, it could collapse over night. I don't think it will, but it's possible. If they manage to get everything under control as far as the flooding goes, the collapse will probably take longer due to their main issue being a food shortage, which could take months to show an effect.

>>20543338
He had every right to wear the mask, it's just that he wasn't allowed to fly with it on and airlines are private businesses who can deny passengers travel and that is also affirmed by various regulations. What a poor argument you have made, the fact remains that most people won't trade with your meme metals.

>>20543562
>Gold is about to break its ATH from 2011
watch as it just dumps again as next decade long mega bull run begins

>>20541538
Lmao MSFT is going up 15% between now and earnings.

>>20541923
Told you guys on Friday I am all in on Logitech only because it is the literal embodiment of stocks only go up

>>20543400
You're some horrible deformed half breed of wall street bets and pajeet shitcoin shilling. Trustless my ass. You can't even audit the system you're using. how the hell are you even buying crypto without understanding the initial value proposition. that one was for tiddy. it's bedtime >>20543412

>>20543420
I wish i could help myself. I had no intention of sharing any info on miners in this thread. I had no intention on engaging retards. I miss the /smg/ i remember, whether or not the memory is distorted. I know i'm not the only one who has these thoughts just screaming when you see retarded shit.

>>20543467
Based..? partial dual currency post? I either have seen this argument before or am experiencing hard deja-vu. GIC is still in fiat, It's the same currency. we're seeing a flight to quality - evident in the rise of DXY and now its fall might be indicating a reversion to prior local confidence or a flight to other currencies/investments. If the manipulation and perceived devaluation of local currency (or all currencies) exists, then a dual system will emerge where the superior currency is hoarded and the inferior is used for transactions. guess what's superior?

>>20543486
based alarm posting. /TGDG/ is watching biblical shit.

>>20543597
https://www.nbcnews.com/news/us-news/coronavirus-hate-attack-woman-face-mask-allegedly-assaulted-man-who-n1130671
you have literally no leg to stand on. I represent any anon worth a damn right now. They're just smart enough to not respond to you. I just can't help it.

>>20543535

The first random website I click on:

"A bubble is an economic cycle characterized by the rapid escalation of asset prices followed by a contraction."

https://www.investopedia.com/terms/b/bubble.asp#:~:text=A%20bubble%20is%20an%20economic,driven%20by%20exuberant%20market%20behavior.

Observe the words "rapid," "contraction," and the phrase "economic cycle" there.

But let us take your definition of a bubble in any event. Who says that fur is "now worth very little to most people?" That is untrue to say. Fur still has value to many people. Perhaps less value than it once had in certain periods and in certain nations, but that is all. But Gold, for its part, has value over all ages and in all nations, with almost no exceptions. This is because it performs an essential function, i. e. to serve as money.

BULL RUUUUUUUUUUUUUUUUUUUUUUN

>>20543596
I have zero sympathy for Xi. I’m not a heartless monster. I do have sympathy for the 1.3B enslaved Chinese however.

My hatred for the CCP knows no bounds, however. Do you know anything about the damn? I just know it is a fucking super massive one.

>>20543596
Go back to your containment thread. Kind of sad that even pol is trying to quarantine you.

Nothing is going to collapse.

>I was like a paycheck away from reaching my goals with physical silver and gold/silver miner shares

Fuck

>>20543452
Who specifically are you talking about? Most random sellers in those countries won't except gold or sliver. How are you going to trade in gold if they don't even have a scale or know the current value of the metal? Why would they accept something that is fluctuating every minute which they are then going to have to convert into a local currency just to do anything with it? It's not like crypto, it isn't easy to convert and they would have to physically take the gold to a buyer and pay them a exchange fee. Unless you're giving them more than it's worth, they have no reason to accept it.

>nasdaq +1%
there was a guy saying we would have +2-3% index days in the coming weeks, a week ago.
based high iq people that visit smg

>tfw missed another decent futures trade because of my sore eyes
Jesus Christ, is this punishment for watching porn?

>>20543671
There’s still time this will last months

BAKING

>>20540870
I was the anon that told you guys on Friday
Logitech stock only knows one direction and its up

>>20543697
I WANT A BROWNIE I WANT A BROWNIE

Will tesla keep going up today? I think people might fomo in before tomorrow. Considering buying a little gamble with bull certs.

>>20543695
Oh I know, I'm not stopping, but I would have liked to have hit my goals when silver was still under $20. It is what it is though, and I'm glad I started when I did at least.

>>20543634
I'm surprised more people aren't informed about this. Does /smg/ just gamble with money? Nobody actually watches the news or does any research?
>>20543661
The Chinese government reported that the dam has moved and there have been leaks. They said it's well within acceptable parameters though. Whatever that means.
>>20543669
I didn't say the dam was going to collapse. I said it's a possibility. Get a rope and hang yourself you Chink shill. As if I give a shit what /pol/ does.

>>20542096
>I'm shorting the market big time right now
why?

NEW

>>20543758
>>20543758
>>20543758
>>20543758

>>20543737
>Does /smg/ just gamble with money?
/smg/ hardly exists. there's only a few posts worth a damn and it seems that there are fewer quality posts. the threads are far too overheated.

>>20543535
Fur was not a bubble tho, it was worth a lot because it was the best protection from cold while now there are other options that are not limited by hunting fur animals and are also more conveniant to wear
Its value was not inflated
>Inb4 fiat/crypto fills the same need as pms
It doesnt as it can be created from nothing, if anything the use of pms, especially silver, rises through industrial use

New
>>20543780
>>20543780
>>20543780

>>20543562
You obviously have no fucking clue what you are talking about. Bonds are killing it right now which is the reason people buy them, it's a hedge. You reek of someone that started playing this year.

>>20543562
>Gold is about to break its ATH from 2011, so you are wrong about that.
The history of gold doesn't only go back to 2011. Again, people have bought gold only to find it was worth a fraction of the amount when they went to do anything with it.
>Gold always retains its purchasing-power over time
You're no longer making the same argument, your original argument was that it had roughly the same purchasing power, as much as something that can be worth 1/10th of what you bought it for can. Without the "roughly" bit, your argument is terrible.
>You say that "stocks or bonds" preserve value
For the vast majority of history bonds have kept up or exceeded inflation. Stocks go to zero if the company cannot pay their debts, otherwise the underlying assets have inherit value that is reflected in the share price.
>It might go down temporarily, but it always comes up again
This is just a fallacy argument. Historic price movements don't mean that PM will always retain value. I already made the case for why they are becoming less useful and how people will start to lose their faith in it as some form of secondary currency.

>>20543674
Actually go to a foreign country m8. You'll see the World isn't America-lite with funny hats. They LOVE Gold. They pass that shit down from family member to family member, collecting on any special occasion, and NOW we're importing them in mass to work at gas stations and fastfood joints as our replacements.

This arrogance of the assumption that the global corporate powers that be are still loyal to the American dollar is foolish. There's real signs of its weakening, and Globalism doesn't care who makes or buys, as long as they can keep making and buying.

>>20543634
I miss it too
I have nowhere else to go. Pmg and pol are a little too one dimensional and retarded as I see them. I’ll stick around here and hope that the other good veterans do too. (Though that one Canadian forum posted about earlier looked interesting if I can figure out the interface)

GL with your DFCqt and family and such.
I think I’ll roll the dice and buy some NRG and maybe those ETFs.

>>20543737
Informed about what? Gas mask on a plane? Or the dollar index?

why are minerals bullish

>>20543788

>>20543634
How does someone being assaulted have anything to do with you not being able to trade in PMs during your everyday life?
>>20543640
>Fur still has value to many people
Fur prices have fallen greatly since its peak when people were risking life and limb to trap beavers in a uncharted land with people constantly trying to murder them. Fur now is a niche industry and most people don't see value in it. It once had value for insulation purposes but that got replaced all but in the coldest of climates with people living traditionally. Just pick any number of examples instead of fur.
>. to serve as money.
Except it's not money anymore. Just because you can trade something for money doesn't mean that it's money. Gold is just one of millions of items that has value to someone else.
>>20543778
It's a bubble in the sense that it was worth a lot until one day synthetics came along but there was a period where it was overinflated until people finally realized it had a fraction of the use it once had. That period is what I'm referencing.
>It doesnt as it can be created from nothing
All crypto is created by energy, some like Bitcoin is created by using a lot of energy.

>>20543813
Best wishes to you too anon.
>NRG
thank you for the reminder
>Gas mask on a plane? Or the dollar index?
nah, the dam and the floods. Huge implications for mining, agri, and manufacturing.

>>20543242
FNGU has only existed for a few years, it's also pretty gay. Wish there was a 3x megacap ETF

>>20543805
I've been to foreign countries and literally never saw anyone trading with gold. I don't know a single person who has done that and I'm willing to bet you haven't either. Most people don't understand enough about the price of it to accept it as payment. Go down to your local Indian run convince store and try to pay them in gold, I dare you.

I don't care about USD or even fiat. Your argument doesn't address why gold would be used over crypto even if what you're saying about collapse of the dollar happens.

>>20543805
>They LOVE Gold. They pass that shit down from family member to family member, collecting on any special occasion, and NOW we're importing them in mass to work at gas stations and fastfood joints as our replacements.

This is the stupidest fucking sentence I've ever read on /biz/, and thats saying a lot

>>20544055
>Go down to your local Indian run convince store and try to pay them in gold, I dare you
Lol. I dare you to do the same. You're out of touch with anywheres that isn't White. It's Jews, Poos and Chinks running the cash for Gold schemes.

>>20544114
I don't have and gold because I'm not some delusional boomer. They accept gold, do they accept steel as well? I'll give them some old copper pipes, it's equally as ridiculous.

Gold isn't money because it's never actually traded as money, that's the root of my argument. It's basically a collectors item backed up with industrial use but most people want nothing to do with it outside of you giving it to them for free.

>>20544349
its illegal to buy stuff with gold

same reason you cant show up with Canadian dollars to 7-11

>>20544381
>its illegal to buy stuff with gold
Source?
>same reason you cant show up with Canadian dollars to 7-11
Except you can, they have the right to decline but there are plenty of places near the US/Canadian border that accept both currencies.

>>20541786
Wait unti the market maker jew has your info and then you can start buying oil, airlines and Tesla

>>20544463
they got special permission then

if someone in alabama started accepting canadian or mexico pesos they would shut them down

the reason is because fiat is worthless so they fear if people started making their own coins out of metal or using other currencys from other countries

nobody would see a use for the dollar because it ultimately wouldnt be the best form of value storage

the fiat dollar has to be enforced by making all other currencies illegal

bitcoin would be stopped too if it was actually being used for buying and selling real goods in the economy

>>20544498
Nah, there's no law against it, it's just that most businesses don't want to do it because they could lose money by the time they get around to converting it and they may have to pay currency exchange fees. It mostly happens around touristy areas close to the border as a convince for them but it will probably die off as people stop paying in cash.

>>20544610
Beginning in 1998, a private businessman, Bernard von NotHaus, began to issue a warehouse receipt currency called “Liberty dollars” based on gold and silver. In 2007, the Federal Bureau of Investigation raided the vaults of the Liberty dollar, and confiscated $7 million of gold and silver bullion.

>>20544381
You can’t pay directly i guess but i had to sell a gold coin for 300€ to a restaurant and then use some of that money to pay for the meal because i forgot my wallet. Mind you this was years ago in a country thats lagging 20 years behind in progress, i don’t think you could pull this of in the USA

>>20544646
He got busted for making his own currency out of gold, that's very different than you just buying something with it.

>>20544681
if you tried to start making a store where you accept payment in gold coins they would take it down because they cant track taxes for it

irs cant see physical gold and silver