/biz/ - Business & Finance

>>21362769
Greetings from the Moon

>>21362769
JUST FUCK MY SHIT UP

Should have bought those weekly slv calls yesterday during that bull pennant, man.

>two new video game containment boards
>no crypto containment board

Fuck COMEX
Taler bros WW@

>>21362953
This. All this week was about yam. Now look at yam. This board deserves better.

>>21362877
They may, they may not. If they don't, that's great, fuck the Rabbis. If they do, people will just buy the dips again. We need to wait for the next month to see if COMEX can deliver at all.

>buy crypto instead of PM's
>walk into grocery store and shop for an organic beef as poorfags outside protest
>approach checkout
>emaciated woman rings up my item and gives me my total
>"that will be $289,638 and 71 cents s-sir"
>never takes her eyes off my 6oz organic beef burger patty I plan to grill later
>seems like she might have been pretty before the collapse
>"sure thing babe"
>pull out my chainlink wallet
>"heres 1/100th link, keep the change sweet tits. Just need the stores address"
>she looks confused
>says they dont take whatever that is, they only accept Fed Coin, USD since there is still a few months left to turn them in for Fed Coin, or Gold and Silver
>try to argue with her
>security comes and takes my beef away and kicks me out of the store
>walk back in and demand to see the manager
>start yelling at the woman and the manager who calls security again
>"Excuse me, what is going on here?"
>everyone stops, I turn around to see what silenced them
>see a 6'2" gentlemen in a suit with a cart full of whiskey and steak packages driven by multiple young virgin women
>"y-your eminence! this man here tried to buy his burger patty with something called..link I think? he is causing a scene..im so sorry"
>the man in the suit chuckles as he looks at me
>"Here you go fren"
>tosses me a small weird looking dime, seems old
>everyone in the rooms is wide eyed, manager looks at me
>"shall I ring up your 6oz burger patty, our dear customer" he bows his head as the woman goes to the register
>"Not so fast" speaks the well dressed man in the suit
>I turn to him confused
>"He needs to earn that Mercury Dime" he says with a twisted grin
>the girls to his side giggle to each other

>>21362769
WE GOING UP BUY BUY BUY

>>21363052
This is beautiful. That is why I never buy Crypto that's not on Coinbase. Say what you want about them, but they don't list scams at least.

>>21362877

All the technical analysts got the 11 August drop right. Geniuses, the lot of them.

Like David Brady, who has been calling for gold to drop to $1400 since it was $1670, and for silver to drop past $16 since it was $18. He really benefited his followers when gold dropped all the way to $1860 and silver to $24.

Or Gary Savage, who held JNUG to the bottom in 2016 and got wiped out.

Or Heinrik Zeberg, who has been calling for $700 gold for years.

As I say, Twitter TA people are geniuses.

>>21363094
based

>>21363165
>All the technical analysts got the 11 August drop right. Geniuses, the lot of them.
Nigga, even I got it right. Sold the top and bought the dip perfectly for the first time since BTC in 2017. Felt good.

>>21363052
>buying fakes yams instead of physical yams

ALWAYS.

BUY.

PHYSICAL.

>>21363165
Lmao, Jews just spoofing the price to shake out the retards like always. Their game has been up for some time. Expect metals and other hard assets to go parabolic. Fuck this Jew kike FUD

My gold and silver arrived. It's still in the box until I get home from work. Bought it at the all time high, just like /biz/ taught me.

Have some OC.

>>21363204
I’ve got no chance in doing that, I get excited and assume it will just keep going up my greed circuits kick in

>>21363250
Fucking lold

>>21363142
>XRP
>EOS
>BCH

[reposted from prior PMG]>>21363280
>My gold and silver arrived. It's still in the box until I get home from work. Bought it at the all time high, just like /biz/ taught me.

Kek. We've all been there.

>>21362144
>>21362308
>>21362144
>>21362451
>>21362394

>It's rare to see bond yields and gold rise at the same time, they generally move in opposite directions.

This. What's odd is the recent positive correlation between bonds and equities. Not sure what to make of it.

>Could this mean the investors are selling bonds to buy gold?
>Like... gold and silver? Thanks fren!

Don't know [what] people are buying but suggest the way to think about is [why] are people buying/selling.

People buy bonds/sell stocks when they're scared and seeking the perceived safe harbors [read: more fear than greed]. When they're no longer scared and willing to take risks [read: more greed than fear] they sell bonds to buy something else.

>>21362877
Do you have to post this retarded twat in every thread?

>>21363250


>He bought paper yams

Fool

>>21363280
Based and saved. With all that money printing nothing is ATH anymore, it's just a temporary state before it pumps again.

>>21363358
Okay, XRP is definitely shady, didn't researched the rest. Dunno, never bought XRP. All you have to do is zoom out to see where this coin is going. Nowhere.

>>21363250

Opinions on buying from AYEX? Premiums seem high...

>>21363363
With YCC, bonds are no longer a safe harbor.

>>21363579
What I don’t understand about that is, can’t I just buy bonds then later sell it to the fed at a profit?

>>21363094

>>21363630

YCC and negative bond yields will cause a hyper-inflationary bond-market crash. The dollars which you get for selling those bonds won't be worth anything.

>>21363363
>Kek. We've all been there.
>>21363428
>Based and saved. With all that money printing nothing is ATH anymore, it's just a temporary state before it pumps again.

I hope it goes up. I bought 2.1oz gold and 61oz of silver.

>>21363487
Coinbase used to be legit back in 2017. Then they realized they couldn't survive as crypto volume faded and needed to list scams and temporarily shut the exchange off when btc had large drops. Now they are just hanging on until Tether fails and they may be done for good.

>>21363102
WE GOING DOWN SELL SELL SELL

Noooooooo silver pls dont go back below 27 reeeeeeeeee

i've ridden my stinkies as high as the scam can go, just unloaded 75% of them and went into SILJ and GDXJ.

>>21363761
I'm not sure how to feel about stealing LINKies Apu meme tho. Is it not beneath us to incorporate it to the /pmg/chads?

>>21363837
Not a terrible strat honestly. I'm too afraid of taxes to cash out.

>>21363094
9/10 read

and... JUST LIKE THAT SILVER WILL NEVER BE ABOVE 28 EVER AGAIN

>>21363876
I didn't think that much about it, i just like Apu so when I make content I use him a lot. I made a lot of stinkie linkie memes too so it's really the same retard making a lot of that stuff kek.

>>21362096
>>21362254
It's usually not Iron or Zinc people are missing. People usually have too much iron and it causes health problems.
What people are lacking is vitamin D

>>21363630
Sorry goyim only primary dealers get to sell directly to the Fed.

>>21364157
That's why Covid-19 is so lethal to black people. They almost always have Vit-D deficiencies

Tell me. Do I short silver now?

>>21363990
how did you get a picture of me mum?

>>21363094

>>21363204
I didn’t sell dick but I did buy the dip. If the jews want my silver they will have to pry it from my cold dead diamond hands.

>>21364291

>>Had the chance to sell Bitcoin at all time top, didn't

Reminds me of picture related.

Hope that the people who are heavily in profit with Chainlink will now have the wisdom to do what Peter Spina did in 2017, and trade their crypto for real money.

>>21362877
I hope nobody here listened to that idiot

>>21364211
>black
>people

>>21363780
Everything is going down currently. Looks like the institutions are going cash. That's what the case seems to be currently.

I NEED A DIP AHHHHHHHHHHHH
>>21364383
Nice weenies anon

NASDUMP

Working on more cool stuff today. This is just 2-5 minutes of data gathering. This only applies to a 1 toz purchase of Silver eagles.

>>21364619
True, my entire folio is dumping.
> Looks like the institutions are going cash.
They know the crash is coming BEFORE the election or it's just because the market was overbought today?

>21yrs old
>2ozt au 268ozt ag
>5.5k in miners
Will I make it?

>>21364538
He was correct about August 11th. I guess if you chart it he doesn't seem that out of line. I don't know who that is though.

One more OC

>>21364627
Thx bro. Srry for the upside down picture it was taken in Australia.

>>21364743
>>21364619

Might be because yields are going up. Now at 0.7%. Remember, even a 1% yield on the ten-year would crash this fragile market.

>>21364756
Definitely, you're still very young. You'll retire in your 30s if you're smart about investments.

>>21364718
Nice job, fren. You using way back machine?

I'm thinking of pulling the trigger at the end of the end. Any reason silver isn't going to dump?

>>21364826
They can't do that tho, they shouldn't even go up, what the fuck?

>>21364939

They had to print 7 trillion to get yields this low. They'll need to print another ten or twenty trillion to keep them down simply for another six months. Newcomers will probably see from this why the dollar is going to zero.

>>21364743
>>21364826
Silver is staying above 27 so far. Gold is just barely green but hanging on.

>>21363094
I can tell many rock boomers are very salty on missing out on btc and link... PM Is their attempt on catching a moon mission, we all secretly hope that pms pull a crypto tier moon shot..

That being said, I like and own both, its better to diversify your assets, which portfolio do you think is better?
10 oz gold 1 btc or 15oz gold ..? Especially if you bought the BTC for cheap.

If I went all in on pms years ago I would be nowhere close to the crypto gains, but I do admit the crashes fucked me up.

Being all in on anything is stupid imo.

I do enjoy gold and silver and it does make you sleep better at night knowing you have some wealth tucked away.

You just can't know what will happen in these times, the same rhetoric about gold has been talked about decades ago, that at any moment it will moon and dollar will crash. So far the zombie economy has still been crawling..

Those who bought all in silver around 2012 have had a lot of lost opportunity cost, that's why its always better to slowly accumulate over time.

>>21363250
how do i test my yams to know they’re real??

>>21365024
aapl is doing well too, probably because it's offering notes for 2025, 2030, 2050, and 2060.

Lol that smack down though, they are really pissed off

>>21365078
Maybe. I'm both a Link Marine and a Metal Marine.

I'd like to get some BTC but I don't know when to buy it. Linkies I bought literally for the memes, I started DACing into it using my entertainment money during lockdown since I wasn't going out spending it. BTC I made some in the 2017 bull run on momentum, but not really sure what to do here.

>>21364756
>21
parents are rich eh? anyways, keep it up

Why is the price of SLV $2 less than silver.

>>21364932
massive debt and low interest rates might stop that

>be 2008
>muh minor recession and global slow down
>recovers
>only 800 billion in bailout
>things dont really grow but stay stable
>mostly everyone content
>takes 3 years for silver to explode from $8 to $49

>be 2020
>global chink plague aides bat soup virus leaks from a bio weapons lab ran by communist retards
>global lock down
>economic ruins hits every nation
>exports and imports fucked
>manufacturing all fucked
>homeless and job losses everywhere
>money printer BRRRRRRRRRRRRRR settings set to 110% over drive
>paper gold and silver jew faggotry
>silver drops to $11
>jumps to almost $30 in a few months
>gold breaks ATH and nearly breaks $2200 inflation adjusted ATH
>miners tank
>metals tank again
>then blow up
>then tank
>process repeats
>its only been a few months
>silver nearing $30 again
>multi dollar price swings in silver spot daily
>USA China tariff dick measuring contest
>USA China war on the horizon
>China Taiwan war on the horizon
>Turkey Greek war about to pop off any moment
>more countries shitting on China publicly
>massive Chinese fake gold
>severe flooding, famine, and food shortages in China
>USA Canada tariffs
>hundreds of companies have already left China

What the fuck is happening and where are we all going in the next couple years?

Reminder: Don't sell, only buy, USD collapse imminent 14/88

>>21365343
Etfs take a fee
Those stacked up over the years

>>21365343
$27 x nothing = $0 + (((fee))) = $25 SLV

>>21365296

>>21365420
War must happen, we have too many single men aged 20-40, Globalists want depopulation anyway and we need a scapegoat for the upcoming crisis.

DXY is heading upward lads..

>>21365486
I don't really understand that. I'm a pleb that just uses coinbase and bought linkies on the memes, I thought I'd be losing a few hundred bucks at the worst... now my holdings are about 12,000

>>21365538
Wrong we have too many old people. That's why they unleashed corona. If too many young people die economies will collapse because of old farts.

Aurcana strong. Very strong. We will win.

>>21365561
Illusion of normality, there is no turning back now I'm afraid. The Pandora Printer has been open.

>>21365561
A crash is coming. It's the only explanation.

>>21365078
It's all about MINERS bro, not just PMs

>>21365640
>>21365656
I'm no expert but I imagine it's rising because the euro is falling with the dollar.

>>21365632
Both then, but it's more dangerous for the rulers to have too many sexually frustrated young men. Too difficult to control, they get indoctrinated by the extremes very quickly. Every Incel is Far-Right, every Basedfag is Antifa. That's a mess they want to get rid off, same with China. They have millions more men than women.

>>21365632
Wrong, they want everyone to die.

>>21365739
Waiting for that Stimulus Check will be so fucking painful. My plan is to completely exit the stock market after they roll it and it goes mostly in TSLA/AAPL shares.
DO NOT FUCKING CRASH BEFORE THAT

>>21365625
It doesn't mean it won't keep going up, but it will certainly come down hard.

>>21364921
nope. Just collecting live data. There isn't an easy way (For me at least, Im new to this) to utilize wayback machine to grab info from the past. My goal is to build something, and just get it to collect everything moving forward, and once I'm collecting everything I want, I can work on getting historical data.

>>21365739
Well, I'm saying that because of the massive selloff of the government bonds along with the market going red.
Could just be panicking though.

>>21365343

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

>>21363165
Hey, I see it for what it is, and I laughed too. At least Anon >>21363269 gets it too.

>>21365835
I want to do some momentum trades but I don't really trust myself.

Right now these are my positions:
220k in cash HYS earning .8%
20k in a checking account earning nothing
20k in a robinhood account with gold/silver and mining stocks
6k in physical gold and silver (2.1oz gold, 61oz silver)
12k in linkies
1k in BTC
500 in ETH
200 in XRP (scamcoin probably but people told me linkies were too when I put 200 on that)
1.175M in property (480k debt, the rest paid off)
no other debt

>>21365885
Yeah, I've been starting to take some profits. I'll always keep some though in case it goes bitcoin.

>>21365456
based Hitsus poster

WHY THE FUCK IS IT DUMPING ITS ALL OVER AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>21365343
The ratio is around 0.942
as >>21365466 said they take a fee for managing the stockpile

>>21365957
this Hemke interview has nothing to do with SLV, other than it being owned by JPM
People assume that SLV is fraudulent because of JPM (proven) manipulation practices, that the emperor has no clothes - show me the proof!
If you can show me Hemke saying SLV is belly up I will believe you
don't link me the trader interviews saying there are 100 owners for every ounce. Show me specifically SLV!

>>21365920
Nasdaq almost red. Interesting day today, can't lie.

>>21366073
They shall both arise again and the righteous will be shown the light.

>>21366180
Wtf... did that interview go completely over your head anon?

>mfw buying AGQ on open with trailing stop loss and making 10-15% profit daily now with all this price suppression flailing silver around


bros....is it this easy?...wtf I love Jew manipulation now.

What's going on with this 10Y selloff? The Fed not buying yet?

>>21366035
How did you get so many monies / assets

>>21366035
>that tiny amount of PM

NGMI

>>21366180

J. P. Morgan is the custodian of SLV. If you understand that they can dump 2 billion paper ounces on the COMEX in a single day, which is 20x the annual investable supply of silver, why on earth would you trust that SLV is backed by real physical silver.

Hemke does allude to SLV briefly in that video. He talks about the spoofing and manipulation which is done with it, and about the Bart Chilton interview which Chilton did with Chris Marcus just before he died, who confirmed this.

The inflows into SLV are impossible. Andrew Maguire was talking about this only a few days ago. You literally can't get silver bars any more. They have virtually disappeared. So where is SLV getting all their silver from? Often, one month or one week of the annual world supply of silver is allegedly flowing in there in a single day. But if you ask them for a bar list, they won't give it to you, and it is almost impossible to take delivery from them.

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

https://www.youtube.com/watch?v=912UykAeVX0

https://www.youtube.com/watch?v=kZcrB489LSc

https://www.youtube.com/watch?v=7SX1Pv6foC8

The 500 owners to real ounce statistic _is_ about SLV. It's about both the COMEX and SLV. Chris Marcus interviewed dozens of insiders in the silver and mining industry for his book The Big Silver Short, and he never got an answer lower than that number.

https://www.youtube.com/watch?v=egD6yjimNno

>>21366426
Mostly from work.

>>21366428
Yeah I just don't want to buy more at ATH. I'm a terrible investor.... All those PMs I have so far bought, were at ATH kek. I may purchase more if it dips, I don't know.

>counting stack
>268oz of ag
>120ozt of eagles
Feels good

>>21365753
Wrong, they need you.

>>21366522
If you're of the impression that this fiat shell-game will continue as normal into perpetuity then don't bother with PM. If you understand that our monetary system is about to collapse in on itself then it doesn't matter what the ATH is, because PMs are likely the only way you can bring your wealth to the other side of that collapse.

I buy PMs because I see the collapse is imminent (within 3 years), and it may be even sooner than I think.

>>21363094
>Allo? Based department? You wont want to miss this one out!

>>21365737
Stocks are the same thing as crypto, most companies operate at a negative profit, all the stock profits are from speculating on... My reasoning for preferring crypto is because of the market cap is so tiny, so it has a huge upside potential, but yes most cryptos are just buzz word empty promises and pump n dump moon hype.

You can see how useful bitcoin actually is in 3rd world countries, they use it a lot since many don't have banking and stable currencies.

It really does have use cases, lets say you have a 1 oz gold coin and you want to pay a family member in another country 1/20th of it... Are you really gonna cut a piece off and ship it in the mail..?

But I don't like the general crypto trading community.. Mostly adhd zoomers shilling the new "next ethereum" every week BUY NOW MOON MISSION LAMBOS!

>>21366522
Pick up more silver. Either round out to 100 toz or go up to 200. Silver has more upside, even if it is more volatile. We may see more dips, I don't know, But silver is going to be higher than it is by the end of the year. This is just the start of the bull run. You'll probably be kicking yourself for not getting in more. You have adequate liquid capital that you will not be needing it looks like. YCC is coming for your cash.

https://www.stlouisfed.org/on-the-economy/2020/august/what-yield-curve-control

>>21366180
>>21366472

By the way, in this interview, Hemke talks specifically about GLD and SLV:

https://www.youtube.com/watch?v=LcN5_ZqNUl4

"He also talked about how the paper shorts have started running for the exits, and the stunning amounts of silver reportedly being added into #SLV and the #silvertrusts. "

>>21366719
The anon who sold me on PMs told me to think of it as a long-tail hedge that should be basically a bond replacement. I watched some videos about the collapse but they all seemed kinda goofy. I think I got turned off by the cheap suits and conspiracy-like statements - I know that's just my bias or whatever.

>>21366796
What if I want it to be a long long hold? Is silver still the best bet? I don't really see myself knowing when to trade it for gold and the premiums are high on it. I've been lurking here trying to learn more.

>>21365343
its .93 of spot price.

>>21365078
>PM Is their attempt on catching a moon mission, we all secretly hope that pms pull a crypto tier moon shot..
ho no boohoo looks at these miserable silver gains! they are so pathetic compared to the btc 5 months chart. Wtf i hate you all, i never should have fell for this scamrock!

>>21366796
>https://www.stlouisfed.org/on-the-economy/2020/august/what-yield-curve-control
>"the FOMC expects to keep the fed funds rate at zero through 2022. This has led to discussion of additional tools to conduct monetary policy with the federal funds rate effectively at zero. "
In retard terms does this mean: "We blew our load already on 0% interest rates, so now we use this yield curve control instead"?

>>21366326
In the interview, he talks about the 120 million ounces JPM has, and how they have been selling short for so long, dumping shorts whenever they want to make steady, monthly income off of their silver stockpile, but that in the last few months people are actually taking delivery, so they're losing their silver position
This does not equate to equity in the silver stockpile diminishing; in other words, just because JPM is losing money & silver, doesn't mean that shares in SLV are not representative of the stake in the bullion stockpile
SLV is independent of their COMEX operations - do they use SLV & their connections through their SLV branch to run their COMEX?
Yes. But that doesn't mean diluted shares / a belly up fund
Please show me in the interview where he says anything indicating SLV going belly up
If anything, he indicates that it is in JPM's interest to either stop shorting, or go long, so that they make $100 million for every $1 silver goes up
Again, if you can show me Hemke indicating SLV is illegitimate I will shut up

>>21366472
I am with you that JPM is not to be trusted - but I do not see their silver stockpile as you do. I think that it is their move to manipulate the market, to create a monopoly on actual physical bullion. I think the longterm play for them is to get that $80-100 silver; I do not think the emperor has no clothes, because I think that they have known all along that the clothes will make them trillions and trillions of dollars
Do they use their stockpile of silver to manipulate the market to make money over the past 10 years, yes.

Also, it is naive to argue that "because I can't get physical silver, JP Morgan can't get physical silver" - that is not how the world works brother. You more than anyone know that the banks give each other preferential treatment / there are strict 'covenants' where only certain banks are allowed to demand delivery for share blocks

>>21366706
GTK RWN

>>21366873
Please tell me how silver being added to the SLV trust is a bad thing for SLV legitimacy?
How is that not an indicator that JPM is ready to stop being short and go long?

>>21366706
Sure thing pal

>>21366962
I like the /pmg/ community more than the CryptoCoomers. Some LINKers can be funny, but the rest of them are just miserable Incels.
Most of the MetalChads at least has girlfriends, if not wives.

>>21367003
Allowing the Banks to take over the America was the worst thing that could ever happen to this beautiful Country.

>>21367128
100%
Andrew Jackson is a blur how fast he is rolling in his grave

Meanwhile, Hamilton is being glorified as a hero in popular culture, when he was the original snake.

>>21367044

It's impossible to believe that the silver really is getting added into SLV. Watch those videos, look into the inflows. How can you add a month's worth of the annual silver supply in one day, at the same time that wholesalers can't get any silver bars? It's not possible. And the fact that J. P. Morgan won't give you a bar-list or let you verify that the silver is really there, or that they have been manipulating the silver market with fake contracts for ten years, or that SLV has a hidden clause allowing it to declare force majeure, simply corroborate this impossibility.

>>21367058
Women like shiny metals

>>21367003
>t. bluepill NPC level 1

>>21366706
but honeybees care very little about the honey save its use to help them survive the winter. A beekeeper despite taking the honey will make sure the hive survives the winter.
The value derived fro the honey, winter survival, is not stolen by the beekeeper.

>>21367188
“The Exchange determined at this time to base its estimates of deliverable supply of gold on eligible and registered stock stored at Exchange approved depositories. The Exchange recognizes that gold is used as an investment vehicle and as such some gold stock may be held as a long-term investment. While surveys conducted indicated no clear consensus as to how much gold is dedicated to long term investments, the Exchange, in an effort to represent a conservative deliverable supply that may be readily available for delivery, made a determination at this time to discount from its estimate of deliverable supply 50% of its reported eligible gold at this time. The Exchange may, at a later date, determine not to discount such stock or to recognize a discount level that is more or less than 50% of reported eligible gold when calculating deliverable supply estimates.”

Source:https://www.cmegroup.com/content/dam/cmegroup/market-regulation/rule-filings/2020/4/20-184.pdf

Here’s some sexy knowledge

>>21367003

>Also, it is naive to argue that "because I can't get physical silver, JP Morgan can't get physical silver" - that is not how the world works brother. You more than anyone know that the banks give each other preferential treatment / there are strict 'covenants' where only certain banks are allowed to demand delivery for share blocks

You're claiming to know the silver market better than everybody who is actually in it. Virtually nobody believes that J. P. Morgan can actually get their hands on these alleged SLV silver inflows. The people who actually mine silver out of the ground and know the industry say that they are an absolute joke. We know how much silver goes into bullion investment each year--only about 100 million ounces. The rest is consumed in industry The mines have been shut down this year. There is nowhere for J. P. Morgan to get their silver from. There isn't some secret supply for them to draw upon which is not available to every wholesaler on the planet. Nobody stockpiles silver.

>>21366993
Your right. The Fed funds rate is useless now since they aren't lowering it below zero, although they may eventually do so. Now they are going to control the yields of treasuries in an artificial manner. Very bullish for precious metals.

>>21367188
I think that the reasons for not being transparent in SLV is because of their manipulation practices for their shorts - they've been fleecing the market for hundreds of millions every month, regular / steady income (which Hemke emphasizes that's what the banks want - they don't want a big one time pay out, they want regular steady income)
If they were to be 100% transparent they wouldn't have been able to be as successful, or successful for as long in their manipulation

>at the same time that wholesalers can't get any silver bars
It's just the way the world works - it's the same reason why these banks:
http://about.ag/SLV/WhosWho.htm
are the only ones that are able to withdraw silver from SLV
and why you have primary dealers for the Fed
https://www.newyorkfed.org/markets/pridealers_listing.html

You're also forgetting that we just saw 2 of the largest remaining silver trusts go belly up, leaving JPM essentially alone (you don't think that they're going to eat up some of that physical share the others had?)
>inb4 PSLV

>>21367340
ahah oy vey! Nice chutzpah!

>>21367341
They do though, as you said, 100 million ounces goes to investment each year. Over the years, that's a lot of silver.

Also, during times of economic crisis, the largest inflow to silver is NOT from the mines, it's from reclaimed silver - when it becomes worth it to actually get the silver back that is already out there

>>21366993
Yes. The Fed funds rate is just the overnight rate and only "influences" longer maturity yields. QE was basically YCC light where they pick a dollar amount and say, "We'll buy $200 billion worth of bonds in order to provide downward pressure on longer term rates." YCC is QE infinity where they have a rate target, not a dollar target. So if they have to spend trillions to keep the 10Y below whatever their target is, BRRR is the word.

I thought that with all the shutdown silver use would go down 50%, not 3%.

>>21367340
>The Exchange may, at a later date, determine not to discount such stock or to recognize a discount level that is more or less than 50% of reported eligible gold when calculating deliverable supply estimates
The Exchange may, at a later date, determine not to discount such stock or to recognize a discount level that is more or less than 50% of reported eligible gold when calculating deliverable supply estimates
>The Exchange may, at a later date, determine not to discount such stock or to recognize a discount level that is more or less than 50% of reported eligible gold when calculating deliverable supply estimates
The Exchange may, at a later date, determine not to discount such stock or to recognize a discount level that is more or less than 50% of reported eligible gold when calculating deliverable supply estimates

>>21367517

If you think J. P. Morgan has some secret stockpile of silver, then why was Hemke able to predict the $19 to $29 silver breakout on the basis that J. P. Morgan had only 150 million ounces in their vault? A fact which he painstakingly proved. He knew that silver would breakout, because J. P. Morgan had been forced to let go of 30 million ounces, hence leaving them with only 120 million and less ability to "hedge" (short) the market. What you believe is based on empty conjecture and imputing a kind of omnipotent power to the bankers, even the power of conjuring silver out of thin air. The fact is, the silver simply does not and cannot exist.

>>21366894
So you ignored the data regarding the negative yields, the statements by the fed that they won't be increasing interest rates any time in the foreseeable future, and the JPM employees that were indicted for manipulating the precious metals market but made your decision based on the way the people who conveyed that information choose to dress and how they speak?

Don't buy PM, we don't need midwits on the other side.

What Dealers should I add to this list? Im collecting Data. I can't deal with websites that have out of stock inventory yet, I need to lean more stuff first. I have
Apmex
GoldSilver
JMBullion
SDBullion

>>21362769
Silver is so undervalued right now. People are wigging out over LINK (justifiably) but Gold and Silver are forever. Make sure to get a safe and not brag to any of your "friends" about your investments.

>>21367708
monument metals has become a personal favorite

>>21366894
>long long hold
If you don't want to think too much about it, buying gold and holding is going to be winner through the next few years. Yeah, you could do better by getting the silver and then trading for gold as the GSR drops, but then again, who says physical will be easy to find at all at that point. It might take extra effort to find a trade partner. I don't know. I'm not giving financial advice, but if I were in your shoes, I'd have a bit more than 2 oz of gold then. You don't even need to go crazy, but I'd personally sleep easier with at least a little bit more. Maybe we get another dip..I don't know. I think where we are going in the next few years, this will be deliberating over pocket change.

Can't wait to have this up and running constantly. Looking at a new computer to run all this 24/7.
SSP = Secondary Silver Premium.

>>21367738
Same, Monument Metals was very good to me when I made a $6k order. I called them up to get some things shipped in different packages (which they did), and they send me Asahi rounds when I ordered generics.

>>21367850
are you going to release the code?
I am sure I could find a linux box in my house in need of something to run. Usually they just act as file servers and get board sitting there serving movies or iso's/

>>21367708
Add Golden State Mint, please.

>>21366385
No one knows how high they are willing to let it go
before they step in. I would guess much less than 1.00%. also remember they want inflation above 2%. We don't know what their target inflation is either

>>21367708
Golden State Mint, who made the Aztecs and Jesus driving out the bankers pieces which are popular.

Have shopped with them, can confirm legit

>>21367871
>send me Asahi rounds when I ordered generics.
Now that's service.

>>21367188
I bought some retardedly low puts on SLV for mid Sept. What are my odds of seeing profit in pseudo-money?

>>21367708
providentmetals if you could please I use them often

>>21366770
>yes all cryptos are just buzz word empty promises and pump n dump moon hype.
fify

Crypto valuations are pure speculation while the systems themselves are solutions in search of a problem and offer very little tangible value.

Just bought myself a large amount of PM
feels secure man

>>21367928
Unlikely. this is part of a larger startup I am a part of. My job is basically macro stuff, but Im learning to code as a way to add value to the project. Since equities are the priority, I am using my metal autism to learn to code the metals portion. Ultimately it seems this will all get put into a subscription service, but I will likely try to convince them to allow a metals report with this type of info to be distributed weekly, and Ill upload graphs here with reasonable frequency.

>>21368040
provident is owned by jmbullion, their prices are often identical

>>21368019
>1,000,000 fedbux for 1 nubuck
>dude I just made 5,000,000 on SLV puts!
>only 5$

>>21368019

I've always said that I don't see the point in playing around with options when you can simply buy a junior small-cap silver miner like Discovery Metals and know that it will go 100x when silver soars. Options are uncertain, but miners are certain.

>>21362953
You newfags need to realize that this is the crypto containment board.

>>21368040
>providentmetals
Im not a coder professionally, so It may take some time to get it up and running with these new requests, but I will do my best with the time I have. Currently working on grabbing CME data from their site.

>>21367639
I think it's quite likely we see this policy officially unveiled in September or November.

https://www.bloomberg.com/opinion/articles/2020-07-08/federal-reserve-to-decide-targeting-bond-yields-makes-sense

https://www.cnbc.com/2020/07/29/powell-is-expected-to-say-the-fed-will-keep-doing-whatever-it-can-while-it-considers-its-next-move.html

This is all out in the media and not by mistake. The fact that the St Louis Fed put it on their website now is again another canary. And when you look at the broader environment, what else are they going to do? The debt to GDP is the highest since post-WWII and we can't service it at anything above 0% interests rates...and we're still adding to it massively. Inflating the debt away is really the only choice next to actual default.

>>21368152
Interesting. How do you know that? Im just curious how you found that out.

>>21368142
based

>>21368142
ahh well that is cool I hope it goes well for you anon

>>21368152
NVM I found it
https://floridaindependent.com/jm-bullion-acquires-provident-metals-from-dillon-gage/

>>21365420
>where are we all going
Rural land is cheap, for one. Fake your own death to escape the draft?

>>21368335
no worries, the price variation is maybe +- 5 cents unless its a sale item

whats the current opinion on Monero?
(I'm new here)

>>21368236
>The Federal Reserve might not be ready to explicitly target yields on U.S. Treasury securities to keep them from rising and hindering the economic recovery
>hindering the economic recovery
The absolute state of normalfag media.

30USD/oz Tommorow

>>21368442
Idk do they sell bullion?

>>21368442
unlike bitcoin you can have anonymous transactions so I like it. Actually mining it with some old computer equipment because I don't have to pay for the electricity.
I wish it got more love to be honest

>>21368310
I'll post as much as I can here. I know it's useful stuff. Especially the premium charting information. My goal is to try to figure out who is cheapest consistently, and who changes there prices in what way when spot goes up vs down.

>>21366035
The only real asset that you own is the 200 XRP, everything else is a larp

>>21368600
if prices decouple from comex you should be able to see it across all the dealers. So it will be fascinating to watch and you might be the first to know

>>21366472
>https://www.youtube.com/watch?v=nDhQDWVRekk
At 3:45 “280 million ounces added over the last year”(this was in late June)it’s the total inflow into all silver depository institutions, COMEX, SLV, ZKB, PSLV, Deutche Bank, Bullion Vault, all of them combined
Not just SLV
He straight says at 6:30 “if you’re long term invested in silver, the more you see data points like that you feel good about it”

>>21368675
Part of why I am trying so hard to get this up and running fast.

is gold a buy now?

>>21368675
I think the smarter among us are already doing this manually and keeping the prices in our heads for comparison. But not being a complete autistic wreck, there are only so many datapoints I can keep in my head at any one time and this software would be really useful.

Thoughts on if I should track the First Majestic price? The per oz price at the top stays true for all of their products it seems.

>>21367340
Wait im still a brainlet, does this mean that theyre basically halving the amount they are willing to actually physically ship out to people who have invested in it?

https://youtu.be/8OBDf_h5VkM

>>21368739
Thanks, anon

120oz silver, 5oz gold, 13k split between 7% interest tax deferred acct and equities, 21k retirement fund. About to buy a house. Should I buy LINK or is it a meme?

>>21368846
They are both a slow mover and seem reluctant to charge high premiums, I think they are valuable. Maybe the US Mint is valuable data too as an ultra slow mover.

>>21368689

It literally says in the video description: "When you look at the stunning amounts of silver that are reportedly being added to the silver trusts like SLV, some of the numbers just don’t add up."

He doesn't mean what you think he means when he says that. The tone is more like: "You feel good about it because the ponzi-scheme is coming closer and closer to collapse."

>>21368852
4,012 coins, assuming 1 oz each x 2000$ is 8,024,000$

>>21368830
Gold is always a buy

ayo hol' up
*eats grape*
lemme get dis straight
*gets eaten in a soup*
so you be sayin
*enables echolocation*
so you be sayin that we
*sleeps upside down*
hol up
*eats banana*
we finna be worth $200
ayo hold up
*gets minted on 5 oz silver coin*
lemme get dis straight so u be sayin
*looks cutely at you and gives you rabies*
we be worth $200 now? sheeeeiit

>>21368847
Yeah before I go make a purchase I end up checking multiple sites and I have general heuristics like apmex being on the more expensive end but it will be nice to see the actual data instead of my very sloppy internal process.

>>21368926
Buying LINK now is like buying BTC when it was $19,000. It's just too fucking parabolic, it will get hammered hard.
I'd buy more silver after you get the house. Seem to me you've already made it. Any real estate owners with some gold on a side are winners in my book.

>>21367737
>having friends

>>21368926
>120oz silver, 5oz gold
Are you me?

>>21367708
Scottsdale Mint. I know they specialize in their own products, but they do carry other stuff too. They also don't charge me sales tax for online orders, so that's a savings of 9.75% for me.

>>21368500
Checked

>>21369004
this is a good post

What's the story on gold. Is it manipulated like silver?

>>21369016
I like the idea of real estate but I fear that in the future mobility may be a plus and I don't necessarily want to get tied down to a specific area.
The central planners might decide to kill a specific area and then your property is near worthless.

>>21369033
Checked yes

>>21368019
>puts
You meant calls, surely. First you ride it up with calls, then you switch to puts right before the comex defaults

>>21368926
>24:1 ratio
care to explain? seems low to me

>>21369004
I joined this general in the batboi days. Dunno why everyone thinks they're cringe now.

>>21369135
Don't forget taxes.

>>21369172
Just what i was able to stack sporadically

>>21369078
>pic related

>>21369201
Where we're going there won't be taxes

>>21369239
ok that’s what I figured but thought you might know something I don’t

>>21369389
I think Trump is going to unironically cancel income taxes and dissolve all debts public and private

>>21367708
Scottsdale mint

>>21368937
The issue with the Mint is they don't have a Random year silver eagle. Just the 2020. I suppose I could write something for current year Gold and Silver Eagles as well. That would have to come way way later.

>>21369199
They are cute af

>>21367708
Scottsdale.

>>21369443
He will have no choice. When the public finds out
the amount of theft the lawsuits would bankrupt
the country. (Yes, I know it is already bankrupt)

>>21369465
What about broadening the scope just to 1oz rounds? Aka how cheap can you pick up 1oz of melt value?

I think eagles should be included as a standard, but me personally I would be looking at premiums over spot and the premium delta between generic rounds and eagles/leafs.

>>21368937
>>21369465
the problem i would see with tracking USM and scottsdale mint is that their premium isint likely to balloon or change rapidly with a wide variety of coins and bars we all like to purchase regularly. example the big raid for the ATBs only happened because the value of silver was actually cheaper than most dealers at 34$ their premiums are largely set

>>21367708
>FirstMajestic
>SilverGoldBull

>>21369620
I know but shouldn't this software highlight buying opportunities like that? You see this straight line for the mint and when the open market crosses it you buy from the mint or FM instead.

>>21369703
maybe so, the way it would draw against moving spot and inverse from dealers would probably be beneficial

>>21366180
>>21366873

>>If you can show me Hemke saying SLV is belly up I will believe you

Just noticed that Hemke explicitly called the ETFs a scam only hours ago:

"Hedge fund manager Ray Dalio is alleged to be one of the smartest guys around. Well, apparently he's not that smart. Buying gold = smart. Buying the sham GLD = not smart.

https://markets.businessinsider.com/commodities/news/gold-price-ray-dalio-invested-400-million-precious-metal-q2-2020-8-1029501695#"

https://www.tfmetalsreport.com/blog/10318/krazy-kudlow-komes-klean

>>21369016
I just dont see that. Can you explain why you see link peaking at $18? I personally feel it will go up to $1000 or even more but that is just based on feelings.

>>21369448
>>21369548
Based. Just ordered 1oz of gold from Scottsdale. Add Monarch Precious Metals to the list too, I’ve been ordering a lot of silver from them. All beautiful hand poured bars and very reasonably priced over spot.

I do love buying directly from private American mints like Scottsdale and MPM, highly recommend it.

>>21369608
I have one for Silver Eagles, and one for random/secondary market rounds 1 oz for now. Im doing it this way because it allows for good comparisons between stores. Imagine if eagles are the only item in stock at one store, and the other has generic rounds. That price comparison wouldn't be accurate.

>>21369940
>I personally feel it will go up to $1000

>>21369940

Nah, 25-30 is more realistic.

>>21369940

If you buy a junior silver miner, like DSV, you know that it will go 100x if this really is a PM bull market. I don't see the point in allocating any money to crypto at all, even as a gamble, when you can "gamble" on what is already pretty much a sure thing. Buy Link now and you might be buying the top, but buy a junior silver miner and you know for certain it is the bottom.

>>21369630
>>FirstMajestic
>>SilverGoldBull
Will add to the list, let's see when I can actually get to it.

>>21369901
>Hemke spent half his podcast yesterday talking about a new wave of anti-semitism on his website
>Suddenly start seeing all the people on pmg post about him
Dammit guys keep that shit here where it belongs. Hide your power level.

>>21369940
if it hits 20-25$ youll have to survive massive sell off

>>21369940

Nobody with enough money to push it that high is retarded enough to fomo into a ponzi.

>>21370043
>>21370101
Clearly haven't heard the news....

>>21368850
It means they can change the stock of available gold by 50%(or more or less) anytime they see fit. Tomorrow they can say, sorry goys the vaults out when by cutting available bullion by 75% if they want to

>>21370043
the no linker cope

>>21370109
You actually expect 100x or are you just exaggerating?

>>21362769
fug how much would that cost?

BOOM

>>21369940
Make a case for it going to $1000.

I can objectively look at crypto and see it is speculation, that most of the top coins have years of future growth already priced in. Meanwhile I see little to none actually application. Few moats. And an all powerful central monetary authority that will viciously stomp out any true competitors using government tools.

Subjectively I already don't like the concept of my money being numbers on some bank computer and I see no reason why I would want anything to do with some nightmare unregulated version of that. To say that link is going to go to $1000 is also to state why it wont. Crypto has displayed a massive volatility in real purchasing power thus it is completely unsuitable in its present form as a currency. You show me a currency that actually addresses the volatility and maybe I will get on board with that, but nobody has and nobody will because its all pump and dump scams.

Net shorts from the COT going back to the June 2006

>>21370195
>a new wave of anti semitism
kek

>>21370029
Do you have a way to track in stock/ out of stock? It would be cool to have broken chart lines for in stock vs out of stock, that way a viewer could also get a sense for how long buying opportunities last.

>>21370342
Will eventually do that. I literally started learning how to code like 2 weeks ago. Ill eventually be able to do that, but thats a ways out for now. Im just trying to work on grabbing CME data now. Im working on collecting the warehouse data for silver as well.

Can someone help me out? This is my first time buying silver and I ordered 3 1oz bars then 2 1oz bars and the latest 2 aren't nearly as shiny as the first 3. All ordered from SilverGoldBull 1 week apart.

>>21366894
>I got turned off by the cheap suits and conspiracy-like statements
I think you're right to be turned off by that stuff, but they're right. Look at the balance sheets of these corps. 2013 - 2019 was a real piece of work. It's spectacular. The margins of everyone are all kinds of fucked, and remember that "debt restructuring" always means "insolvent".

>>21370215
If there's one thing that can be said about Linkies its that they have the strongest damn hands of maybe any community in the entire investment world. The average Linkie is more committed to the project than Peter Schiff is to gold. I made a few K swinging Link and regret not holding, and watching their attitude and their success has taught me a lot about what it takes to actually ride a moon mission.
I hope LINK does go to $1k and they all make it. I'm currently a linklet, I hold some XSN (which I will hold to 0 or to the moon) and a shitload of PMs and miners. I hope we all make it.

(((Crypto))) is bullshit 14/88 edition


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

>News
https://kitco.com/
http://silverseek.com/
https://mining.com/

>Bullion tax info by state:
https://apmex.com/state-sales-tax-information

>Prospecting
https://youtube.com/watch?v=ZCL6FKQZyoM [Embed]
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://youtube.com/watch?v=3mg9YcAShTo [Embed]
Magnets
https://youtube.com/watch?v=NgSXg-WOEVY [Embed]
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

>YouTube/Podcasts
https://youtube.com/user/silverguru David Morgan
https://youtube.com/user/SprottGlobal
https://youtube.com/user/KitcoNews
https://youtube.com/channel/UCqmToXM7x2tD7-2rs0KvObA
https://youtube.com/user/GoldAndSilverClub1
https://youtube.com/user/whygoldandsilver
https://youtube.com/channel/UCED7G7CZfqdSV9zttlr1M_g
https://youtube.com/user/belangp

>Additional /pmg/ resources and info
https://pastebin.com/8HW6EdGt

Previous thread: >>21362769

>>21370263

100x for small-caps is normal in a silver bull market. 150x is actually the standard number for small-cap silver miners. But I'm saying 100x to be conservative. By the way, I've pointed out this number dozens of times on this board, but Eric Sprott said it explicitly last Friday that these junior silver small-caps will go 100x (cannot remember the timestamp):

https://www.youtube.com/watch?v=qs4j2MfziOQ

>>21370115
We should all be buying our silver from first majestic when possible. Keith is based as fuck and it prevents the bankers from getting their grubby fingers on the fresh silverinos

>>21370527

>>21370527

>>21370527
HAHAHA my bad

>>21370545
yeah but lack of shipping options means youre paying the same as every other fuckin dealer

>>21370542
Where will jnug go?

>>21370527
What

>>21370441
Two on the left are fake

>>21363165
KEK this guys dumb as fuck but his followers are even dumber

>>21370605
If its the same why not get some sweet 1/2 oz rounds for the same price?

>>21369942
Yeah, Scottsdale's stuff is on another level. 20 stackers stacked up is a thing of beauty. I love the chunkies from Monarch.

New thread:

>>21370672

>>21370708
bump limit is 310 btw

>>21370639
Both orders came from SilverGoldBull and were all in the same sort of packaging, just seems odd to me that a reputable site like them would send fake silver.

>>21370617

Don't buy it. Dave Kranzler said this a few days ago. It's pointless. It decays over time, it introduces unnecessary risk, and you already get ridiculous leverage by buying the small-cap miners.

>>21370754
>It decays over time,
I'm aware of the math and mechanics of leveraged etfs. I'll be fine. It's just a small lotto position.

>>21370441
I have a bunch of Liberty bars and rounds that look like the ones on the left and some that look smooth. I think some just have that matte finish.

>>21370753
Go to your local LCS and have them test it. O just ping them against each other and compare the sound to the other bars as well. Silver makes a very specific sound.

>>21370441
Shiny ones might be proof bars but idk, I didnt think generic 1oz bars get proofed

>>21370708
V early anon. I like your zest, but /pmg/ purposes itself on making it to page friggin 8 before thinking about a new thread.

>>21368442
ASIC resistance is a meme and destroys the security credibility of a PoW network.

>>21362769
some /pmg/ Anon once recommended G2XJ as an alternative for GDXJ for Euros (we got cucked out of foreign ETF in 2018). Do you know if there's some SILJ equivalent like that?

Any chance of another dip tonight?

>>21370940
?
Hard to read...

>>21370527

>>21371082
Swap Dealer longs vs Shorts. Shorts are red.

>>21370652
This. Vote with your wallet.

>>21371070
A "dip" from where to where? We're approaching the stage where you buy whatever you can at whatever price it's available

>>21370527
Smoke enough weed today bro?

>>21367996
where can you buy Asahi rounds in canada?

>>21370545
Im thinking about grabbin a whole bunch of stuff from them later this year. Need my stonks to play out first. Then move heavy into more PM's

>>21371221
It seemed we were at that stage before the last big correction.

>>21369942
Nice good for you, I managed to grab 2 more 10 oz silver bars from Scottsdale at the bottom yesterday. I love Scottsdale's poured 5 and 20 oz bars and stackers. Excited to get into their 10 oz stacker bars, feel like a retard for not buying a couple kilos in march blew that trying to play options like an idiot, oh well.

>>21371192
It's like before the corona crash, only less. What's the significance?

>>21371297
And if you bought the "top" you'll break even within a week. See how that works? Don't over leverage yourself

>>21371409
True enough anon. Guess I'm just being greedy.

>>21362877
I really hope this is true. My only options right now is to buy 1/4oz of gold and 40oz of silver to get a stack of 3oz gold/200oz silver (taking into account additional premiums and taxes on silver, the gold-silver ratio is about 60 for physical where I live), which I intended as a minimum before branching out into stocks, or start buying miners before reaching that amount, out of FOMO. I need more time, goddamit, just one fucking month at least, but the COMEX failure is supposed to be in September.
what do?

>>21370195
Its actually counter-semetism

>>21371766
>COMEX failure is supposed to be in September.
Potentially not. Never underestimate the amount of horse shit that can happen.