/biz/ - Business & Finance

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 2-
ayo hold up
*gets minted on 5 oz silver coin*
lemme get dis straight so u be sayin
*looks cutely at you*
we be worth $200 now?
*gets blamed for coronavirus*
sheeeeiit
*flies off to the moon*

can someone explain the chart in the op to me from the last thread
also, i take it the stormweenies were back today

Hope everyone is comfy tonight.

>>21473667
God that office looks terribly uncomfy.

>>21473521
Having done something similar by car, between lodging and food it will get expensive. Also one very important thing to consider is not just gun ownership laws but use of force laws. Some of those states that will let you own pretty much anything will also say you can't shoot an intruder in your home until they try to kill you. Others will say use your best judgement, you've got free reign.

>>21473785
so much this, in indiana if someone is committing a violent crime, its reasonable to shoot them to protect other people.
in alot of states if you shoot someone who isn't literally trying to murder you this second, you go to jail...

>>21473748
just bought 3 10oz mayan calendar silver bars, feels good

Seventh for not replying to the SLVshill that has moved on to using multiple IDs to play both Jews and Nazis in order to derail.

Do not reply to these posts except to demand timestamped stack pics.

BNKR.CN/BHLL niggers.
You need to prep that silver miner bull.

>>21473912
Newfag here what does SLV mean?

>>21473785

Food sure, but for lodging I plan on using a combination of warmshowers/couchsurfing and camping. I'll have to wait until March to begin the trip, but in the mean time I need to pick out a good bike, get used to riding it, and then grab some other gear/start selling shit I no longer want. The plan is to find a new home, throw down for 6 months rent while I secure a new job, and then fly back home to pick up my bird when things get settled.

>>21473982
people here seem to be on the BHLL grind after that anon post about sprott investing mil's into it. I bought a little out of speculation, but this won't come to fruition until 2021-2022 at least right? They're still drilling n sheit

>>21474011
>Newfag here what does SLV mean?

SLV is an ETF [read: can be traded like a stock] designed to give investors exposure to silver. If silver rises, SLV should rise. If silver falls, SLV falls...at least on paper.

The concern is SLV does not """own""" all the silver it purports to have. For example, SLV may claim contracts for future delivery of silver as silver in the fund. They may also be engaged in leasing or some other form of (((ownership))) to legally show they do own silver. If things go sideways and suddenly there's a run on silver, the "paper" silver will evaporate [read: they'll just settle in cash vs deliver the silver] and any fund, such as SLV is believed to be, holding paper silver will up shit creek.

The reason they'll be up shit creek is if the silver delivery market breaks down/melts up, acquiring physical silver will be prohibitively expensive and the cash settlements in lieu of the silver from the paper contracts will probably not be enough to purchase the REAL PHYSICAL silver SLV is believed to have.

This is not to say all metal ETFs will be in the same position - Sprott's PSLV, for example, is "fully allocated" meaning if they claim to have [ x ] ozs of metal, they actually have in storage that metal with clear title.

>>21473982
why do you keep trying to pump this stock....
plenty of better options

>>21473860
I've looked at a bunch of states that this anon was also looking at. Idaho, Montana, the Dakotas, Utah, Colorado. I don't feel like looking up the laws again but pretty much Colorado was the only one that I remember not being proportional use of force. AKA if somebody kicks in your front door and you think they are going to do any harm to somebody lawfully inside the house, light them the fuck up.
It's really funny to me. You will get these boomer hardasses from Montana or South Dakota that will talk about how great their state is and yet you can't shoot somebody for violently breaking into your house. Sorry you cowboy fucks, your self defense laws are marginally better than a liberal shithole like California. And that is totally down to your state, not the feds.

>Sorry all, I know this is /pmg/

>>21474330
I remember watching Yankee Stacking and him saying how ETF’s aren’t actual silver but I never bothered to do research on it, so thanks for explaining.

>>21473912
FUCK THE FED
FUCK COMEX
FUCK DISINFO SHILLS
AND FUCK SLV TRANNIES

>>21474331
BHLL went like 200 a share in the last bull market in 2011

>>21473581
they know price will pump on the open

>>21474481
Colorado is weird with its gun laws. On the one hand you have mag bans, on the other they're not enforced by anyone, it just makes online ordering hard. Even people in fucking Boulder drive to Longmont to buy them. Fuck, there's an entire industry in selling mags cross-border in Wyoming. Colorado is Kentucky tier when it comes to what you can do in defense of property (including your car). And you can carry if you're licensed to do so on any public university campus. Also we have a literal School of Mines so this state is PMG related.

(P.S. Coors pls stop using all our water we need that)

Is buffet bullish for physical gold as well?

>>21474330
Do you know if there's a minimum oz requirement for making a withdrawal through PSLV?

I might get on board with them, at least if I know I don't have to go like 5000 oz balls deep just to request delivery if I want.

>>21474647
I think the mag bans are going to get blown the fuck out in the near future. The 9th circuit ruling is beyond criticism because it is based on common use. Every mag ban in the country is unconstitutional on those grounds.

>>21474721
I would guess generally yes? He's probably been acquiring quietly while talking out his ass about not betting against America. Shows where his moral compass is, but it's nothing new.

He's dumping banks and buying miners. Even if he's not big into physical, he's a huge green light for normies to pile in.

According to the tracking my package just departed from a warehouse only to be almost immediately reprocessed through it. What sort of madness is this?

>>21474721
I would assume so. There was a post a few threads ago on... I think it was book value for Barrick based on their gold inventory alone. at 2k, we have a 1.5% ish increase. at 3k, it's a 120% increase.

>>21474743
It's on their website.

You need enough to redeem 400oz gold (PHYS), or 10,000oz silver (PSLV).

I hold a lot of phys and pslv (about $65000CAD combined) but still not nearly enough to redeem.

>>21474934
Woof that's alot. I guess I could toss some clams in and just ride up and sell the security if I want out?

>>21474520
Is this round better IRL? I like the idea but the execution is pretty ugly tbqhfam

>>21474974
Yeah, that's what I intend to do. Since it is fully allocated and provably 100% metal-backed it should be safe enough unless we actually go apocalyptic.

>Platinum

>>21475079
Heh, if Sprott turns out to be full of shit I officially lose faith in humanity and want off-world immediately.

>>21475044
I got it for memes. It's a bit better than it looks online desu. The humor of it makes the extra dollar or two of premium worth it for me.

>>21474870
I was thinking this wouldn't be made public until those in the game have already made their moves. I wouldn't doubt if people jump in that they have no idea of the serious manipulation of the silver market.... If there is a jump early in the week, that would shortly be hammered down

>>21474881
Ooh. The timing on this is kinda spooky. In the next few weeks we either see the COMEX somehow survive or completely meltdown...was your order a large amount?

I'm not ordering online until we see how September plays out, I only want IMMEDIATE possession from my LCS bros.

Maybe I'm being overly paranoid here, but I want to see how zany this shit gets. Bix Weir is somewhat worried that there may be delivery shenanigans as well...idk m8. Hope your box gets through tho.

>>21475314
the USPS just endorsed Biden. They are going to mess up as many orders as possible to blame on Trump trying to defund them

>>21474870
Buffet is a shark. His whole friendly grandpa shtick is just a fucking act.
Yeah gold will continue to go up as dollar weakens same for buttcoins.

>>21475376
Good point. Yeah, not taking that chance right now.

>>21475429
wait what is USPS not gonna deliver my fucking coins fuck

>>21475376
How the fuck can an agency of the government endorse a candidate isn’t this literally election fraud and meddling

Turkey’s currency collapsing everyone’s piling into gold

>>21475508
USPS isn't straight government agency, they're private corporation as well. So they can get away with it.

every other agency in the US would also endorse Biden but we can't.

>>21475561
why do you say "we" as if you belong to a said government agency, glowie?

>>21475508
It was their union. They'll definitely try some underhanded shit.

>>21474609
3 or four sites I check are also showing the same message

>>21474565
sure, but they also havent done muchsince and are ~50 cents right now.

Shill me better as to why they will suddenly jump.

>>21475603
I'm a fed. Most feds hate Trump. It's a weird thing since most of us are veterans and most vets are republicans. But Trump is a bloody menstruation ruining everything.

>>21475561
>>21475639

>>21475376
>tfw paid an extra 9 bucks for my most recent order to go through UPS
lucky me..?

>>21475639
>Trump is a bloody menstruation ruining everything
budget cuts?

>>21475649
kek based

>>21475603
>>21475639
Jesus Christ the glowniggers aren’t even trying anymore

>>21475649
I work for a number of alphabet agencies. I'm not hiding it. You paranoid fucks don't understand something like 1/3 of americans work for government of some sort.

>>21475639
Kicking and screaming it is then.

>>21475660
>budget cuts?
yep.
dead morale.
regulatory cuts
Hatch act violations
actual treason
mass confusion from poor leadership
political cronyism
badmouthing decorated veterans

it's a clusterfuck and he's pissing off a lot of his supposed base

>>21475701
I'm not a LEO
you disarm federal employees and contractors and your gun rights support shrinks by about half. Who exactly do you think owns guns in the US?

>>21475673
What you going to do when the dollar is worthless and daddy government is still trying to pay your wages with it?

>>21475479
Good luck. In all probability you're fine, but it's definitely a rocky time to place big online orders. The window is closing fast.

>>21475734
how would disarming them make them not believe in gun rights anymore? Lmao

>>21475743
the gov is extremely responsive. Their employees make more than you can imagine. If the dollar crashes they'll take care of their people.

>>21473581
anyone got some hopium on why to buy silver? i bought some at $17 awhile back. $1.3k worth but wanna read some juicy hopium

>>21475771
Maybe if you're a senator or something. The average peon won't be bailed out

>>21475768
I'm just saying federal employees are far more likely to own guns than the rest of the population.

>>21475771
The dollar is crashing, have you even been paying attention?

Good to see that no matter what divides us, we have one thing in common:
Fuck glowniggers

>>21475794
I work with mechanics that make more than senators.

the gov is weird that way. Very fair, very uniform.

>>21475771
I bet Venezuelans thought the same thing.

>>21475807
of course I pay attention.

I'll get a cost of living increase to cover it. Most people won't but I will.

>>21475314
Thankfully its only a single meme coin, nothing really valuable. This order's been doing some really weird stuff, it spent a week in Florida for no reason, it went back and forth between two facilities in California for a few days. I've never trusted them to ship more than an ounce of Silver and I doubt I ever will given how several of my past orders were handled.

>>21475841
yeah, but if it gets that bad my job will be gone anyways

>>21475853
Hope it brings you happiness, I might fling you a merc dime if you can earn it

>>21475717
>dead morale
this is his fault?
>regulatory cuts
this is a bad thing?
>Hatch act violations
this doesn't cover orange man?
>mass confusion from poor leadership
I'm suspect to believe this is middle management's issue.
>actual treason
>political cronyism
>badmouthing decorated veterans
I won't question these, but I also don't really see where orange man has options for the top two.
Would love more details if you have time.

>>21475893
I own more silver than you because I get paid more than you.

>>21475869
Which online retailer was it? Is their website up or "upgrading" right now?

>>21475935
Lol that’s very presumptuous, in my experience gobbuerment workers get paid a fraction of private sector workers

>>21475958
this

>>21475923
the poor morale is more a problem related to the other factors. I mean feds want structure and rules they can understand and orange man comes from a looser corporate environment where things are less rigid and more often delegated. So you got a bunch of aspies that can't deal with the lack of rigor and boundaries coming out of the current admin.

regulatory cuts are a bad thing for people that make their living enforcing regs

allowing his staff to violate laws makes it unclear to whom those laws now apply. I can call Trump a bloody douche nozzle without any worry because he lets his staff violate that law all the time.

he installed leaders that have no idea how to run the agencies they got, and are often actively working to destroy them. This hurts morale.

>>21475958
Depends where you are and what you do

>>21474565
seriously give me a good reason and ill throw money at them

>>21475953
Ebay. I suppose the terrible shipping is my punishment for getting the coin at such a good price.

>>21476040
It’s irrelevant, public sector workers don’t produce anything you don’t create any value your wages come from taxes taken from the private sector who do actually produce things and do create value. The private sector is always where the money will be because that’s where civilisation is made

>>21475615
>>21476042
We are about to enter a bull market? Every miner today just about who also existed back then were valued far higher then than now due to the bull market post 2008 recession when things went parabolic.

I am not saying this is a guarantee or anything but since its like 40 cents right now you may as well drop a few hundred into it and let it sit for a few years.

>>21476010
Thanks for the details. The reg/budget cuts would be more than enough to hurt morale. Victories are always hollow when your organization faces headwinds. Please take your talents to the private sector. I'm choking to death on fucking taxes.
>tfw your portfolio has less oz because the feds have tons of waste due to insane bureaucracy
Hey, here's a good one. you and your fed friends could shock the system and walk out because you don't like working for President two scoops.

>>21476086
That's probably it then, ebay is hit or miss.

>>21476123
How do we time the top though, if you look at the charts it looks like the top was 2-3 years after things went parabolic in 2008

>>21476118
true but feds still get paid far more than average taxpayers. I don't think most people understand. Lower pay grades are shit, but just like the military, the advances are enormous.
>>21476128
we work on 20 year time lines, the president will be dead of old age when most of us are retiring. We will literally see him buried before we stop doing our jobs.

>>21476201
Lol i just googled gs pay scale in my area and i make the same as the top level i saw. Spend it all on silver too.

>>21476315
yeah, for sure.

that payscale doesn't count overtime and holiday pay or benis. Or supervisors. Or years spent in military service. Or military retirements and disability. I work with a bunch of fat old millionaires. They make far more than you do.

>>21476379
So what I’ve gathered so far is you love the government and Biden and you hate trump, I don’t think you belong around here fren. Atleast you own silver I guess

>>21475791

>>21476486
Like most feds I don't love the gov or biden
but I do dislike Trump. But he's a temporary problem.

I don't belong around here at all, but I enjoy /pmg/ just for the amusing misunderstandings. You think all feds are glowniggers when in real life most feds are a lot closer to you guys than you can imagine.

>>21476201
>true but feds still get paid far more than average taxpayers.
Partly one reason why our economy is collapsing.

There was a time when the public sector was < 3% of national GDP. Government employees were not even counted as employed in unemployment stats.

Today the public sector (funded by taxpayer monies and/or freshly printed dollars) is 50% of America's GDP and rapidly rising. Pretty soon all the small mom & pops will be dead and the large corporations will find themselves crowded out or nationalized via "bailouts"

When the state owns everything and employs everyone, how is that distinguishable from socialism?
> I bet the antifa didn't expect communism to arrive this way - the Fed buying up everything with printed money.

>>21475791
Ever since the 1970s the Euros have been trying to get out from under the boot of the USD. Recently they've been not only buying gold, but the banks there have been moving it around so that every bank has roughly equitable amounts of gold on hand. That way it won't be perceived as 'unfair' should they all move to a gold backed system where the currencies are different again (no more Euro) but can still be easily interchanged since they share a peg. Additionally the EU has identified silver as a strategic commodity and made it a priority to gather it up.

The US sits on top of several Latin American nations with the richest silver deposits on earth, in addition to its own fairly rich reserves. When the USD dies, the new world countries are going to be sitting on the largest untapped metal reserves in the world, and will have every reason to get on board with big daddy USA and their new silver dollar.

>https://www.voimagold.com/insight/europe-has-been-preparing-a-global-gold-standard-since-the-1970s

>>21476379
>tfw we Brazil
>tfw need more money and more silver
what's likely the most efficient way to jump from private to public without military service? Would go for Officer BS but I'm trying to start a family. Currently in entry level finance. Jump to a state dept/agency?

>>21476586
you got it exactly

last time I checked public service was a full third of our GDP. If It's half now as you say we're headed into troubled waters.

but the literal Fed has to find a way to put paper dollars into circulation, and public service is a huge vehicle for getting dollars to the public.

yes, socialism. But the sort of socialism that republicans support. Since government employees are more often republicans than not.

>>21476631
>without military service?
in the US military is really key
if not you have to volunteer or take part time jobs with the gov and work your ass off.

> Jump to a state dept/agency?
in the US your service in local government won't help you find a fed job in most cases. They're unrelated.

>>21476548
Are you still larping as a federal employee? Fuck, you already blew it by using 'bloody' in the pejorative English sense three times. You're going on about making bank when even National Lab heads make less than their corpo counterparts. You don't even own metal. This is what, your 4th character in these threads now?

>>21476701
I work with people that make more than the president. That's the joke. Your rank doesn't matter.

I used 'bloody' in the bleeding girl vagina sense. No other was intended.

>>21476701
either stupid or a glowie, either way, it is retarded

>>21476591
But I still don't understand. How do they win if the 'NWO Agenda' has us using actual money again? What purpose does that serve? After all, you can't be jewed by inflation if you can take your receipts to the bank and exchange them for silver on demand (just like we could in the US until 1965).

SLV. shills
/pol/ trolls
Now fed bloodsucking parasites (accidentally outs self and plays coy)
Why is /pmg/ worth their time and effort?

>>21476123
Remember that the price history for miners is cucked by share dilution - First Majestic stock never traded for a $25 strike in 2016, for example.

>>21476701
I use the terms daft, bloke, and uni as a shart. The info checks out for the most part.
>it's a larp of himself with some edits
>there are literal glowies paid over median to post on 4chan's /pmg/
Just end the federal income tax already Donald.

I just saw a dead squished raccoon in the middle of the road bros.
It's happening.

>>21476701
>This is what, your 4th character in these threads now?
if you study my work as carefully as you seem to you'll find that none of these "characters" is mutually exclusive.

I have been and still am a lot of things. And I own more metal than everyone else here. I just don't care about it because it's my job to sell it.

>>21476819
I don't get paid to post here

that would be a dream job but unrealistic

>>21476743
So did I when I used to work for a guy that had sold 3 startups to GE. The POTUS makes like 400k salary; its not that hard. You type like a Bay Area stereotype and your insults have the 'not to edgey' feel that someone who watches the Colbert would think are harsh and cutting.

Now stop LARPing as an American Fed before the bobbies hear that you're talking to an American without a loicense.

>>21476819
That would never happen, trump is a socialist.

>>21476808
WAIT WHAT?
Which companies have been affected by this?
I own Aurcana and BHLL
I didn't know about this please explain more.

I want my 40x.

>>21476840
>And I own more metal than everyone else here
That’s a stupid thing to claim we have people here that actually work in the mining industry not pushing paper in some government office, you own a couple of tubes of ASE’s at best

>>21476897
>we have people here that actually work in the mining industry
yeah, one of them is me.
>>21476887
I don't worry, feds don't actually monitor /pmg/
they monitor my work computers but then I don't post from work.

>>21476834
>squished raccoon
>likely killed by a car
>the car likely had either Platinum or Iridium spark plugs
>Also had silver and gold in the electrical components
It indeed is happening.

>>21475639
Ruining what?the federal reserves monopoly on debt slavery?

>>21476992
ruining government agencies as peaceful places for retired veterans to make a comfortable living mostly.

>>21476957
It truly is happening because of this one event.

>>21476893
Aurcana is like the fucking no.1 example of this lol. Currently there are 22 million shares of Aurcana outstanding, and when it was priced at $200+ there was sub 1 million. Companies like Aurcana sell stock to finance their CapEx. This is more /smg/ stuff, but I’d suggest taking your profits at 10-35% on it, and rolling that into something else. It’s a decent investment, but if you thought your 40 cent stock was going to get anywhere close to $200 I would really like to play Poker with you. I think you’d be great at it, promise!

>>21477019
Stop larping nobody cares that you work at the Louisiana DMV

Dominos

https://www.zerohedge.com/markets/turkey-hit-bank-runs-currency-panic-locals-sell-their-cars-and-houses-buy-gold-while-lira

>>21474859
Yeah but it wasn't a ruling from the full 9th circuit and I seriously doubt that the full 9th will uphold that ruling.

>>21473596
Well done anon

is a GSR of 50 a good point to focus on gold or is that too later/early?

>>21477122
Everyone always turns to gold, it’s an instinct

>>21476379
There sure seems to be a lot of fat old millionaires (who don’t do much)... it’s almost as if those millions of dollars sent In their directions by the government are worthless. A million doesn’t even mean anything anymore. That’s barely a paid off house in the city. Your millionaire coworker friends have gay tranny traps for children

>>21477097
never gonna stop

unlike you morons I work for the miners you buy extracting the metals you hoard and for the government agencies that regulate them.. I know more about a lot of the topics here than you jokers ever will. I am the literal insider. But you're right, nobody cares.

>>21477088
What the actual fuck? Please tell me you're trolling?


>but if you thought your 40 cent stock was going to get anywhere close to $200
I thought it would at least go to $30 and so did other anons ITT.
If silver goes much higher why wouldn't it?

What do you think of BHLL/BNKR?

>>21477019
Most gov agency’s are over bloated waste so you gays can buy boats and park em in Florida marina. If you fags didn’t spy on our phones and sell our data for profiling most of your gov jobs wouldn’t even need to exist

>>21477188
you got it.

a fat old millionaire collecting a military retirement and making $145k per year working for the gov is barely middle class.

that's why so many feds hate the government they work for. And why /pmg/ is a lot more similar to feds than different.

>>21475098
Don't.

>>21477249
some anon up there said it's 50% of US GDP.

so you're right, but you're up against more than half of the voters in the US if you want to change it.

>>21476591
>>21476662
Being the global reserve currency is hurts everyone in the USA except our banker/investor class. Our exports are too expensive and our imports subsidized by money printing. Every foreigner exports garbage to us (because our manufacturing is priced out of the market) and takes their profits to buy up American land, American companies, any American assets they can get their hands on. Soon half our country will be owned by foreigners and the other half owned by the Fed

Giving up fiat dollar global reserve status and returning to a metallic standard will be greatly beneficial to us across most sectors, except our banker class has too much to lose to give that up without a fight. Keep in mind the Federal Reserve is a privately owned bank with a government charter. It's ownership is claimed to be distributed among all member banks but has never been published. In fact the following section is included in the Fed's charter:

>After all necessary expenses of a Federal reserve bank have been paid or provided for, the stockholders shall be entitled to receive an annual dividend of six per centum on the paid-in capital stock, which dividend shall be cumulative. After the aforesaid dividend claims have been fully met, the net earnings shall be paid to the United States ...

However the Fed has never been Audited in detail, and no one knows if it's paying the full remainder to the US treasury after paying its own "shareholders". We also know during this year's bailouts, the Fed purchased corporate bonds of highly profitable companies that are in no financial trouble, such as Apple.
https://www.thestreet.com/investing/apple-verizon-bonds-and-others-are-bought-by-the-federal-reserve

Now why would the Fed "bail out" successful companies unless it's a profit seeking organization looking to optimize it's profit & loss ratios. And now the Fed wants to buy out the rest of America

>>21475639
You're all going down in his second term, you'll see that the combine might of the deep state is worth jack shit when you're fighting with armed civilians who stopped watching your (((news))).

>>21477122
>>21477168
Media brainwashing will be really heavy soon, expect a lot of gold and silver bashing. Turkey is not full of media-consuming numb fucks, they're traditionalists, thus they understand the value of gold. America had 2 generations of Communist Propaganda, they'll not buy an ounce of gold, even when their Starbucks Coffee costs $17. They'll MAYBE realize before it's too late, then you'll be able to easily trade gold and silver for real estate from private sector Landlords who want out,

>>21475639
Trump star sign is Gemini, basicly Loki or Prometheus. Loki lived among gods while being not one of them but always acted against them. Once Loki betrade gods so badly he had to hide from them in form of salmon. Trump is now hiding after he reformed health system in USA.

>>21477355
>You're all going down in his second term
most of us are republicans and most of us will vote for biden.

screencap this if you like.

>>21477088
Where do I find historic shares outstanding data for companies?
How many shares outstanding in 2012 when they were at 40 dollars?

Why isn't there chart data showing this over time so we can see how overvalued the stock is?

>>21477375
Hahahahahah... I'd put a picture here of him sniffing kids, but I just woke up and I need some coffee first.
He has a dementia, he has no hype around himself, his only selling points are "I'm not Trump" and "A strong woman of color will be my Vice", even Shillary had more going on and she was humiliated.

>>21477375
Most of the fed is gonna vote for Biden? Why don’t you just neck yourself? Seriously, imagine looking in the mirror at yourself and being proud that Biden is your leader.

I lost my virginity to a black shemale yet I feel completely superior to this shill.

>>21477245
> If silver goes much higher why wouldn't it?
Debt load is the primary concern, along w/ as I said, share dilution. To have a share be worth $30 now, the worth of the company would have to be just a little under 8x as much as it was at its peak even if we ignore the fact that debt servicing cuts into EPS, which is the main thing institutional investors (the people who actually move prices of stocks) look for.

I’m not at a PC currently so I can’t give you a full assessment on those stocks, and even then it would depend on your thesis.

If you think the financial system will collapse, any stock investment is worthless. Buy physical and guns and ammo. I plan to do this when I have more fuck you money.

If you think silver prices will go up for a while but drift back down after the height of the economic impact from coof related central bank shit - my thesis - then Mid Cap miners & SLV is a bet that gives you a good mix of leverage and liquidity on the underlying.

If you think silver is fundamentally mispriced, and will reach $50+ and - importantly - stay there, then the highest leverage long term plays like your micro cap miners seems like a decent punt. But if the price corrects down you’re going to be holding some heavy bags.

>27 posts by this ID

>>21477457
He's a terrible candidate, but being not Trump is enough for a significant fraction of government workers. Keep in mind we saw 3 shutdowns in the last year and a half and terrible appointments to head agencies.
>>21477464
nobody is proud of biden but he's not trying to cut our budgets or send us home.

>>21477417
>Why isn't there chart data showing this over time so we can see how overvalued the stock is?
Because then kikes wouldn’t be able to cheat you.

>>21477521
lol really? do tell
>>21477547
bump limits are a real thing. How fast can this thread hit them?

>>21477417
>Where do I find historic shares outstanding data for companies?
To give you a non meme answer tho, normally I’d check w/ the SEC directly - https://www.sec.gov/edgar/searchedgar/companysearch.html

But in this case I just googled a bit on my phone and found their IPO stock allocation, and compared it to current outstanding.

>>21477605
Why do you want the thread to reach a bump limit, we will just make another one anyway

>>21477580
Seems like such data would be widely available.
How is Aurcana the number one example of this?
Have they done this recently?

>>21477544
>To have a share be worth $30 now, the worth of the company would have to be just a little under 8x as much as it was at its peak even if we ignore the fact that debt servicing cuts into EPS, which is the main thing institutional investors (the people who actually move prices of stocks) look for.
Okay but if Silver goes up like crazy to $40-50 and beyond, wouldn't the price of their products be much more valuable and they would be making much more profits?

>then Mid Cap miners & SLV is a bet that gives you a good mix of leverage and liquidity on the underlying.
Approx how many multipliers of my investment could I make? Are we talking crypto level gains here or something small like 2-3x?

>>21477718
so he can pick a different more effective alter ego because the bossman can't afford VPNs due to Trump's based budget cuts

>>21477566
Biden is literally a senile old pedo trying to keep his son out of prison by deep throating the deep state. He’s literally weekend at bernies. Honestly, you’ve made lose respect for feds as a whole.

>>21477718
I honestly like /pmg/, but not for the reasons most here do.

we keep bumping it in the middle of the night and it keeps getting made. imagine if all we had was the same 4 anons posting their stupid stacks day after day, week after week, month after month....

this place is alive because of disagreement, not because of agreement.

I have worked for nearly 20 days at the South Houston Intelligence Transfer Service (S.H.I.T.S. for short). I make over $10 an hour and likely own more silver most of /pmg/. I am literally an insider, one false move and you're getting superhacked by the government. Try and stop me, I have a literal army of Government funded superhackers consisting of more than 99.99% of the US population. To put it simply, Trump is bad, Biden is good. That's a hard pill to swallow, isn't it, /pmg/?

>>21477752
>you’ve made lose respect for feds as a whole.
like all americans we vote our wallets first and Trump has hurt our wallets.

should've run a better candidate against him.

>>21477718
He's not even American. Just look at the line he posted earlier:
>that payscale doesn't count overtime and holiday pay or benis.

When was the last time you heard someone that spoke American English use the term 'benis' or 'benies' to describe benefits? Let alone heard them say 'holiday pay' rather than vacation time or vacation pay. I don't think he's even English, they've likely hired a Poo that doesn't know the difference between British and American English. He's the one Indian that doesn't own gold LMAO

>>21477605
Stop filling every thread with bullshit faggot

>>21477731
Re: recently on Aurcana - https://www.globenewswire.com/news-release/2020/07/14/2062159/0/en/Aurcana-Announces-Non-Brokered-Private-Placement-of-Up-to-C-10-5-Million.html

>Approx how many multipliers of my investment could I make? Are we talking crypto level gains here or something small like 2-3x?

No idea, anyone who tells you return rates ‘for certain’ is lying their tits off. I’m personally hoping I nail a 2.x return, so I can leave a little to ride long term in case the $100 silver meme is real. Honestly I’d be happy with a solid 1.2/1.3, but that’s probably because I have a lot more skin in the game than you do rn.

>>21477778
>this place is alive because of disagreement, not because of agreement.
ehh?

>>21477815
haha benis

>>21477123
I get that but what are they going to say?

>>21476491
I wonder why?

>>21477847
>ehh?
people get sick of looking at your coin collection over and over dozens of times a day.

>thread gets derailed with random bullshit that's hardly related to precious metals
first it was paper-shill, then Hitler-shill, and now Fed-shill. Seriously, discuss gold and silver or go away.

>>21477712
Wow I'm too dumb to understand this shit, can you please spoonfeed me.
They filed twice in 2010-2011 and didn't file again until 2019
What do these filings mean?
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001507713&type=&dateb=&owner=include&count=40&search_text=

>But in this case I just googled a bit on my phone and found their IPO stock allocation, and compared it to current outstanding.
Their IPO stock allocation happened in the 90s though lol

>>21477890
I've always been here. I was here before /pmg/ even existed. Oldfags, what are you gonna do?

maybe stop being so new.

>>21477885
>these were all taken tonight
>i've never shown off any of these
disbelief broken.

>>21477847
Nice stack anon!
>>21477925
Post stack then.

>>21477855
What’s dis?

Filtered and 60% of the thread is gone

>>21477925
>me oldfag
I don't give a damn about your e-penis, discuss gold and silver or go away. It's not rocket science

>>21477946
ah sorry, I thought you were that anime faggot that posts ASE's in an album with stupid figurines

honestly you look the same.

Is there a chance I won't see my silver from the us mint? It's a large order.

>>21477954
hole on I'll change ID's for you
>>21477977
I am discussing gold and silver. Whatever /pmg/ brings up is what I discuss

>>21477908
>Their IPO stock allocation happened in the 90s though lol
I might be being retarded then, IDK.

IIRC, they only have to file on new issuance, and only if they are of a certain size. I don’t generally futz around with penny stocks so this looks strange as hell to me too.

Anyway, I’m not trying to panic you out of your position fren - I just wanted to inform you about some of the ways the simple graphs you get shown as a retail investment are absolute misinformation.

If you feel solid about A) the company & it’s operations (go read their balance sheet if you can), & B) the underlying economic factors that impact them (E.g silver going up), then it’s a good investment for you!

>>21477953
It's a shielding segment for ITER. Total shielding weights 7,000t. Not all silver though... it's just plated so a few hundred thousands oz is needed for that on the thermal shielding. But there are many applications of silver and silver plating in future tech that is absolutely needed - without silver future tech doesn't work.

>reason for report
>this post breaks a rule
>Intentionally evading spam/post filters

>>21477951
Thanks. It's just the stuff I had in tubes and a few loose rounds that I didn't feel like sealing up. I've got a lot in cases and some junk. recently more gold due to the ratio closing up and my under exposure.

>FUCK THE FED(S)
>FUCK COMEX
>FUCK DISINFO SHILLS
>AND FUCK SLV TRANNIES
KEEP ON STACKING.

>>21477825
>Re: recently on Aurcana - https://www.globenewswire.com/news-release/2020/07/14/2062159/0/en/Aurcana-Announces-Non-Brokered-Private-Placement-of-Up-to-C-10-5-Million.html
What does this mean? The company bought their own stock?
It doesn't seem like they issued more shares did they?

>No idea, anyone who tells you return rates ‘for certain’ is lying their tits off. I’m personally hoping I nail a 2.x return, so I can leave a little to ride long term in case the $100 silver meme is real. Honestly I’d be happy with a solid 1.2/1.3, but that’s probably because I have a lot more skin in the game than you do rn.
I don't know why you think it's only going to go up so little.

>>21478037
>I might be being retarded then, IDK.
Okay, god damn scared me there for a moment. I thought you were some stock genius that knew a bunch of shit we didn't.

>they only have to file on new issuance
So they have to file if they issue new stock? The filings they did make weren't about issuing new stock though.

>I just wanted to inform you about some of the ways the simple graphs you get shown as a retail investment are absolute misinformation.
Yeah and I appreciate your help, I just want to make sure this stock is still legit, I'm 70% this one.

>If you feel solid about A) the company & it’s operations (go read their balance sheet if you can), & B) the underlying economic factors that impact them (E.g silver going up), then it’s a good investment for you!
Thanks fren.

>>21477951
forgot pic. >>21478150

>>21478146
>Intentionally evading spam/post filters
ah, you think they're talking about YOUR filters?

how new are you?

>>21478146
Jup, done here are some titty coins

>>21478093
I want to make sure people understand this. WITHOUT SILVER, future tech does not exist. There is no alternative at ANY PRICE other than making silver (which we can do at high cost).

what THE FUCK
i actually am forced to buy a 1/10 maple at this price point right?

Filter/report shill, wont even post stack.

>>21478295
based libertiddies. can you show us those older ones? they look neat.

>>21478363
>which we can do at high cost
it's literally free byproduct of copper mining

>>21478418
my stack is electronics and automotive scrap you can't even understand.

>>21478398
Seems about right. My price is 260-270€ ATM. Last year it was 120-140€. Nothing to see here, move along!

>>21478184
Thanks for the pics anon, I should really take some new pics of my stack with my figmas.

>>21478477
New sdeeve video WHEN

>>21478444
The cost for extracting ore is covered as a byproduct of base metals mining, but not the refining train, which is distinct and much more costly due to the low concentrations of silver in the ore compared to copper, lead, iron, and tin.

Keep up pajeet, your character was supposed to be a fed who is also an expert in refining, who also makes millions a year and has literal tons of bullion. Did you get excited from breaking the rules and forget?

>>21478549
if you have to process 100% of the ore for copper than the cost is exactly the same to process 100% for silver and gold and every other metal.

are you retarded? The scarcity has no effect on the cost if it's just byproduct.

>>21478477
I'm glad you like them. I'm sure a lot of us look forward to your new pics. I have about 65 oz of silver on the way and a few grams of gold. Fingers crossed that they all get here. I'll make sure to share a few unboxings (if they get here, thanks for the dip Mr. Shekelstein!).

>>21478549
You're confusing refining with extraction.

mines and mills don't refine silver, they extract it. And the cost is the same to extract copper or silver or lead or gold. The cost is also the same for refining, but that's a different topic.

>>21478437
These are from 2012, 2 oz

>>21478648
oh damn, 2 oz is where it's at. I gave a 1oz tiddy to my father. I really short changed him. I know my next order's "round out" if i can get my hands on one...

>>21478679
Zooomed in

Is there a chance I won't see my silver from the us mint? It's a large order.

>>21478610
There are different separation trains for different metals from the same ore source, Timmy. Getting aluminum out of Bauxite requires fucktons of electricity. Getting manganese out of its oxide requires an acid treatment treatment. And getting PMs from ore is particularly hard not because they're tightly chemically bound (gold sometimes has some copper with it, and silver is often found as a sulfide), but because they're present in low concentrations, meaning you need a longer, more intensive refining chain to bring their concentrations up on each 'stage' to recover them economically.

I don't know why you act like you know things when you don't.

>>21478724
second time you posted.

yes, there's a chance.
USPS insures 1st class packages for $50 automatically. If you didn't request higher insurance limits you may be screwed. Pay for your fucking postage people.

>>21478742
>you need a longer, more intensive refining chain to bring their concentrations up on each 'stage' to recover them economically.
cyanide and flotation are the current technologies in use, and both will process gold and silver and most other metals automatically without modification

what, you think mines are like, "should we get the gold and silver in with the copper or should we skip it even though it costs the same?"

fucking moron

>>21478699
>

>>21478724
Hi fren
>if you don't hold it, you don't own it

>>21478724
Unfortunately, you have to mine it yourself.

>>21478742
>>21478809
I mean it's literally illegal in the US for a mine to dump tons of silver or gold or lead or cadmium or even manganese into the surface effluent.

so you either pay the government millions of dollars a year to waste metals into rivers or you fucking refine it and make millions a year. Both cost the same.

you have to take the metal out of the water either way. One way you lose millions. The other way you gain millions. What in your infinite wisdom do you think mines choose to do?

>>21478444
The biggest source of silver is as a waste product of mining. Outside dedicated silver mines, the alternative is to make silver at a high cost - I am not advocating to make silver though just saying we can do it at high cost. Silver is needed for future tech and there is no substitute at any cost. You also have to look at the mining needed from copper, zinc et al to get the silver - it's kinda high. There are rough numbers... but in magnitude they should be indicative: let's say 45,000,000t of metals gets mined and from that give 40% of supply of silver and that is about 300,000,000oz a year. It means that roughly 0.2% of metal mining is silver other than dedicated silver mining. That's all well and good but I'm kind of curious where the mining is going from here... actual production in years to come.

>>21479014
>That's all well and good but I'm kind of curious where the mining is going from here.
depends on price and duration

I expect to see a lot more silver mining going on at current prices

>>21478641
here, have some rope.

>>21479078
You are a retard. You must be an economics professor.

There’s going to be such a rush on physical assets soon, I need my stimulus so I can buy more phys

>>21479078
>>21479014
If the price of silver doubled, where do you see the price of miners?

>>21478809
You just got done trying to tell me that mining companies only care about extraction, and don't touch refining, which suggests you don't realize that any mine working at scale is handling its own ore refining. Literally no one is claiming that it magically costs more to dig silver bearing ore out of a base metal mine than non-silver bearing ore. The difference in operating costs comes in when base metal mines that know they're also pulling PM in the ore, and they want to pay for the additional refining costs associated with PMs due to their low concentrations. I get that your excited to be a freshman and all, but its clear you don't know the first thing about separations, and why you can't just use a single, blanket approach to get 4 distinct metals off of one ore source.

Capital costs are higher for processing gold/silver out of base metal ore than just getting the base metal from it. That's unavoidable and a product of their concentration and unique inertness. If you somehow need proof of that I guess I can start uploading PDFs of my old Sep. Process Eng. and Process Design texts. If you need proof that gold and silver are hard to concentrate I can through in Chemical Kinetics. You have the transport background to get use out of it, I'm sure.

>>21479084
you really so afraid of facts that you'll kill the messenger?

most silver costs nothing to produce. its a waste product from mining coper and lead and zinc and moly. Gold is too.

the cost of mining has nothing to do with the price on the street. Except the price on the street is what decides how much miners will spend to mine it.

>>21479154
I have no predictions, sorry.
>>21479159
concentration has no effect on the cost of using cyanide or flotation

that's literally why we use it.

if you want to pretend to educate me please cite specific examples of how modern process engineering requires higher concentrations or higher equipment costs and I'll tell you why you're wrong.

otherwise stop pretending to know anything about mining process, you clearly don't.

Is a 1kg coin practical? Asking for a fren

>>21479159
cyanide, sulfuric, and chlorine processes work at the molecular level.

one molecule is not more expensive than another to process

same with electrowinning and other processes, but they're not usually used on industrial scale

>>21479177
>silver and gold are waste
I can tell you are a retard by the way you speak. It's the most valuable waste going around.

>>21479159
and again you're ignoring the effluent process

if you don't pay to extract metals you're going to get fined for dumping them

>>21479312
it's only waste in some mining projects. Most silver and gold comes as waste from copper mining.

>>21479307
>wiki
ok, time to get back in your cuck cage faggot.

>>21479390
the anon seems to know a bit about process, I want to know how much.
I have degrees in this, we can talk all day if he knows his shit.

>>21479235
idk about practical, but they certainly are fucking awesome

>>21479430
I would bang this so hard

>>21479233
Again, you're dumb as shit, and you've never even been on site at a refinery. Cyanide leaching, whether its done via batch or pile spraying, or froth floating is the first step after crude crushing of the ore. Its also the easiest as it gets rid of most of the waste and tailings. But now, you have to chase ever smaller bits of shit ruining your purity, and this gets expensive. You can go with Wholwill (but you need 96% pure gold) where you make gold chloride solutions and use electrolysis to plate impure gold with a the 99.99% pure metal. Or you can go with the Miller process where you melt the impure gold and hit it with chlorine gas to make the impurities oxidize and come off as slag. This gets you to 99.5%, so you'll need additional passes.

Refining is about chasing 9s, and each 9 past the decimal is more expensive than the last.

>>21479485
My two favourite things golden haired women and gold

>>21479506
agreed entirely, but I've worked for about 100 US miners and not one of them did that shit in house

we sell dore to warehousers that then meter and sell it to refiners

what you were calling refining is just milling and processing

>>21479506
Bro
Don't engage
Report and hide

>>21479543
You must be fucking terrible at your job. 100 fucking miners? AHAHAHA I can't sop laughing.

>>21479543
You haven't worked for shit, because you're the same SLV shilling, no metals having, race baiting, fed LARPing faggot that has been shitting up this general for over a month straight with your endless spam.

You will never be fit. You will never be white. You will never have skills worth more than the legal minimum wage.

>>21479651
lol
I love your paranoia. It's the main reason I keep coming here. I don't know shit about SLV, I regularly report racists, and I'm whiter than most here.

but keep educating me, process is actually something I'm interested in. You don't know a lot about it though. Disappointing really.

I heard rumours that Germany will recreate the Deutschemark and back it with gold

>>21479712
forex traders would love that. Commodities arbitrage also. But Germany isn't dumb enough to hand it's product to traders.

>>21479374
Copper shits silver and gold and you bitch about it?

Has anyone done the kitco minimum $1000? I kinda have a plan for offline but long term premium has me at $650 oof.

>>21479712
Europe has been preparing for the Gold Standard since 1970. That would make Germany the literal owner of the whole Europe (4500 Tonnes gold). Just as planned?

>>21479779
>Copper shits silver and gold and you bitch about it?
I'm not bitching. I'm saying it costs nothing to mine most of it. This is a fact and any miner or enviro worker knows it.

>>21479799
Germany has the industrial power and the gold to back it up, it would bring power back to Europe if they beat America to a new gold standard. I doubt the USA would attack Germany either there’s no justification for it this time

>>21479850
US isn't interested in protecting gold backing, only oil. It's a petrodollar.

>>21479850
Isn’t a ton of Germany’s gold held in London and New York? I could see that as a problem regarding any gold backed Deutschmark.

>>21479924
Good money chases out bad money. There can’t be a good backed currency or else people will flock to it instead of the dollar.

https://www.youtube.com/watch?v=5aU3OVrRRQU
More good news if someone wants to have something to watch with their morning coffee.

>>21480032
>Good money chases out bad money.
the entire US history is comprised of people hoarding metal in exchange for paper.

bad money literally chases out good money.

>>21480063
It's about knowledge, and the educational system of the US was hijacked by the Communists. People aged 20-50 today have no clue about Fiat's scammy nature or the real value of gold. That's why we're being raided by the Glowniggers, they know our teachings spread like an ideology and targets mostly that ~20y old group. If thy're redpilled on the metals, the Merchants are done. No amount of Fake News will be able to bluepill the generation again.

>>21480122
I'm talking clear back in the 1700's and 1800's. Hell even the 1600's

the problem is that good money is preferred so much that people won't spend it when they can spend bad money. So good money doesn't circulate, it gets hoarded.

>>21480063
We’ll see. Guarantee you that if a major country introduced a gold backed currency, everyone with any long term savings will be exchanging into it the world over.

>>21475717
stop siding with communists and you will feel the love again. You piss poor excuse of a "fed".

>>21480198
you're exactly right. the problem is they'll want the metal, not the paper. So germany will wind up exporting its entire gold stack to the world.
the alternative is they refuse to cash their currency in for gold and it's not gold backed anymore.

this is exactly the reason we went off the gold standard in the first place.

>>21478699
Nice foot

>>21473581
Is it possible that the miners moon will not start for at least another 1-2 months or am I just deluding myself? I really wanted to finish my target stack of 3oz gold and 200oz silver today, which would result in not having any disposable income this month to start dabbling in stonks

>>21480387
You're deluding yourself. Stick to your physical target, then just keep stacking physical.

>>21480387
miners lag behind metals, so you may have time. Depends what you're eyeing.

HOLY SHIT BROS

https://www.youtube.com/watch?feature=youtu.be&v=am9eADLcx6A

Why haven't you bought Aurcana yet?

I just think it’s hilarious that they are printing fiat to give us in stimulus which boosts the gold price then I’m spending it on gold anyway and boosting it even more

>>21480322
checked

>>21480450
Enhance this one like the back hair one.

>>21480444
going to make it

>>21480444
Government subsidized stacking

>>21480444
>get a surprisingly juicy stimulus
>cash out stock and crypto gains, swing TSLA for ez gains
>work in the black sector, get paid in cash under the table
>put all that into physical gold and silver
>watch the economy collapse
Also convinced my gf to buy some gold, silver and LINK. She had so much fiat rotting away on her account it made me feel bad just to think about it.
Gonna make it, not a single doubt.

>>21480439
>Aurcana
because I bought enduro metals instead. Much more upside and same or even less risk given the recent pp to be closed monday and the drilling program about to be announced along with drill hole results to be published.

>>21480534
kek

Local dealer in aus

>>21480659
Stock history looks like shit.
Aurcana was like 30 bucks recently

>>21480422
>Depends what you're eyeing
Europoor and my stock selection is limited, but I was gonna start with Hecla, First Majestic, Great Panther, Mcewen Mining and GDXJ

>>21480792
Dig deeper or you'll never make it.

CLM > Enduro

New CEO has major stake in company and in his own words "cleaned closet".

Robert mcewan just entered pp for 2mill with possibility to buy more. PP overscribed for 11mill.

>Deeper son, go deeper.

https://www.youtube.com/watch?v=I79hr63BcAk

>>21480761
I've been waiting close to a week for a delivery from a local Melbourne dealer that i bought during the "dip"

>>21480839
>Dig deeper
what do you think her fingers smell like?

>>21480839
https://www.youtube.com/watch?v=u5YKsMyJ4vQ

more

>>21481022
Imagine if she had a dick

>>21481022
salty coins from all the sperm that has been deposited there.

>And cheetos.

>>21481075
she's had a few dicks, anon

Page 10

Must say, this place was much more comfy back when shortie miners were a minerority and not the dominant discussion.
Alas, I'm gonna enjoy watching these uptight smug cunts go pink once the crash happens. Me and my mirror images in my polished gold and silver.

>>21482015
Market will flash crash, but quickly after some stocks will moon. Miners will be among them.
I consider Miner Stockers a part of our family, unlike SLV retards.

I currently have 2.1oz of gold and 61oz of silver, should I up my stack this weekend? Or wait until Monday to see if prices fall?

This would bring me to 81oz of silver, then I guess I'd stop stacking for a while.

>>21479712
german here. no way that happens lmao

>>21482210
*91oz

Here is my current stack

>>21482058
MY issue is that it's a fundamentally different take and relies of stock market strength without any of the standard local factors that genuine PMs do. Sure it's nice to see them flounder around as theirown littel subculture within the threads, but now they've become hyped for shorties, you can feel the fundamental rift in dicsussion.
For example, Aurcana stocks are ones being talked about now, but come the crash it's essentially still just a fiat investment no matter how reliable they are. Even the pitiful Mercury Dime would be exponentailly more value throughout and even after a crash; given that it at all times holds value which need not be converted into fiat, and can't be defaulted on. To invest in miners is to invest in the remaining value of a crashed stock market and to hope it scales specifically better than PM counterparts for profit, which is antithetical to PMs at large wherein one invests for value retention against the wider fiat trade system.

tl;dr not racis, just don't like em

>>21474881
Bro my order shipped from Las Vegas to Honolulu
I live in Central FL

>>21482210
How much fiat you got to throw around? You're a bit late on the trough of the dip, but better late than never given it could pump back up at any time.

>>21482256
i don't have the will power to leave my bullion in the packaging. i immediately rip it open to rub it and fondle it and clank it against all the other pieces of bullion

>>21482015
If you like real money then why wouldn’t you want to own companies that dig real money out of the ground?

>>21482015
I've been doing research on miners and a lot of them I wouldn't touch, or at least I would just consider speculation. Many of them are high debt and have all kinds of cashflow issues, and the ETFs have high management fees. Potentially people could make a lot of money if they moon, but, if someone is risk adverse the miners aren't a good choice imo.

>>21482325
I mean after this purchase I'd be about done stacking for a while. that's why I'm kind of like "do I buy now or wait a bit and see if there is another dip?"

>>21482256
man, my pops gave me some Golden eagles and Krugers
>should I bless him?

>>21482347
I'm new to stacking so not sure what I'll do. Seems like if I leave it in the packaging they'll stay nice and shiny. I've actually not handled any of my metal with my bare hands, even the coins I put in wearing cotton gloves.

>>21482367
Very nice of him!

>>21482347
Always liked the engelhard bars, especially the older ones but here they have such a premium on them.

>>21482433
>leave it in the packaging they'll stay nice and shiny. I've actually not handled any of my metal with my bare hands, even the coins I put in wearing cotton gloves.
not a bad idea to preserve their original mint state like that.
i keep telling myself that my stack so far is just my "fondling stack" and my next bullions will be left alone in original packaging to preserve them.

>>21482433
yeah I was talking about financial enviroment (eu citizen) and he showed me his stash from the 70's-80' around the decoupling of the dollar.
he gave me 5 eagles (1 Troy oz 24carat) and 3 krugerrands (also 1 troy oz 24 carat)
holdings atm
about 10 troy oz. gold, about a kilo of pure silver (bullion) 50k XRP, and some stocks of a company my grandfather has been the director of for 30 years
is my portfolio somewhat safe?

>>21482353
Because you don't 'own' shit, you get an IOU note from them saying that you have a given share within a nebulous company. It's fiat, plain and simple; and though it might be resilient againt the flaws againt fiat, it's still subject to fiat's whims.

>>21482362
I'd say you're lucky the dip's extended for a while, most though that it was over after only a few days as it began to rally along then with the news from Buffett investing into PMs. I'm not a fortune teller who can say exactly when it's going to trough again or when it'll spike, but from my general instinctual experiene I'd say it's not going to go as far down as the dip from a week ago (though with EUR, it seems to have just matched it), but at the same time you shouldn't put off a purchase too long waiting for anything lower. It's at a decent-to-good price right now for what the market is like (assuming you're trading with Euros) and when it rallies again, there'll be basically no market indicators other than sharp jumps (ie, because it's rallying)
As an aside, is there Capital Tax Gains over in the EU, and does currency circumnavigate it? I'm aware that bongs don't have a pay a penny in taxes on their Britannias and Royal Arms because it's their legal tender; just wondering if it's mirrored elsewhere in the yurozone. If so (hence why I asked the question of how much you're throwing around) if you're working with more money as a whole (which would in turn be subject to more tax) you might want to look into it and pay a tad bit more on the premiums. If it's not that much to you though (relative terms), just invest in whatever you can get closest to spot, and don't forget on looking for VAT free options (I believe the Estonians are the ones on the call for that)

>>21482654
Yeah there’s definitely counter party risk involved with stocks, but we live in a capitalist society and I want to be involved in that process and the only thing I like is gold so mining stocks is where I make my stock plays

Highly recommend you all check this out, Warren Buffett in the last meeting talking about the Fed and inflation:
https://www.youtube.com/watch?v=69rm13iUUgE and skip to 4:37:45 (Negative interest rates) and 4:48:25 (US government bonds and printing money)

>>21482561
I think I might buy a single coin for fondling at some point.

>>21482561
How is the EU doing? Are you guys printing money like crazy like we are?

I think your portfolio is sound with the metals. Not sure about the crypto. I own XRP too, but I just buy a bit of whatever gets shilled on /biz/ and sell increasing percentages as it pumps.

>>21482654
I'm actually paying in dollars and in Florida we don't pay any tax on these because, well, Florida. I'll just suck it up and buy a bit more. Hopefully I don't end up bag holding (literally) for a decade like anyone who bought in 2011.

>>21482829
Don't stress on the bag hold that much, it doesn't take a genuis to see that
A. The ride hasn't even begun yet
B. This wild ride is going to be an order of magnitude greater than the last one, since they can't just 'bail out' a full economic collapse over a select few scummy banks
C. Every wild ride of days past multiplies much higher than the level we're at now.
If you're that concerned, I'd adivse more into Gold than Silver, but either is a safe play for now pre-crash. It's once the ride begins is when you really have to keep an eye on Silver.

>>21482944
>have to keep an eye on Silver.
*, so you're not stuck with it

>>21480761
Can't let you goy have real money now!

>>21482944
Yeah. I think I'm just going to pull the trigger.

Listen to Warren Buffett speaking about it (it's short). I just clipped it from their annual meeting:
https://voca.ro/cX0GKoss9Xt

>>21483327
He’s got a good point if it worked indefinitely we’d of already discovered this magic thousands of years ago, it doesn’t work and it’s about to reach it’s destructive climax

>>21483509
I haven't found it again yet, but at one point he also talks about how 5% inflation is like having a 125% annual tax. It's in his book also (1/2)

>>21483543
(2/2)

>>21483327
Yeah, here's another one I downloaded because I never seem to have it at hand for discussions like these https://files.catbox.moe/9e1ic6.mp4
I think inside we both know know what's been going on, we know the game's basically given up.
Look on the bright side, WAG(p)MI

>>21483601
You got me!

I feel a bit less like a loon knowing the old man is concerned also. But, he admittedly doesn't know the outcome. I guess we'll find out if we kick the problem down the road or face it now.

https://pricedingold.com

>>21474647
Who are those in the bottom right of that pic

>>21483975
I feel like I should be buying oil.

>>21482829

Sounds like he's referring to MMT here, which the Fed is all but embracing, and Dems think is some revolutionary and brilliant new thing.

It also sounds like he's realized there is no longer any will for fiscal restraint left in Washington and we are reaching an inevitable MMT-fueled frenzy of vote buying by politicians of both parties. But now both sides so it's far worse, because now they're locked in a bidding war for votes.

I expect this, and I expect shenanigans around CPI to try to hide the consequences.

>>21483975

Only reason the Feds haven't gone after crypto yet is what would happen to gold and silver prices if they did. How many dumbass zoomers actually think that shit is "digital gold"? No different than paper gold, just another counterfeit to blunt demand for the real thing.

>>21484261
>now they're locked in a bidding war for votes.
great way to think about what's going on

>>21484213
i feel oil will recover.
people can speculate and sensationalize all they want. yes alternatives are available and on the way, slowly.
but the world is still hugely dependent on oil and will be until long after we are all dead.

>>21473581
did the weekend inventory yesterday

>>21484109
This can't be real.
>check
>it's real
Well then.

>>21474520
I already made my money on SLV. I might buy back in if the jews dump silver to $20 or less

>>21484213
Stay away from Oil if I were you for now, USD is complete fiat, but if it's backed against anything, it's backed semi-technically *with* (not by) Oil. If USD crashes, Oil will follow. From what I see of it, Oil is a mid-crash investment for diversification if for some whatever reason property and land get fucky to invest in (which is possible, given China owns most of it and they're going to be a big economic player next crash if they want to knock the US off of it's pedestal). Oil is relatively far away from Chinese clutches, and also fills the dynamic to Property/Land that Silver is to Gold, in that it's much cheaper to begin to invest in and in turn can act as a much more accessbile point into the market.
Naturally I'd say just hold on the PMs (unless you want to attempt to time the market freeze in prep for a new currency, to make maximum old currency for a higher), but for shorties, Oil and Oil drill stocks (Shell etc) would probably be one of the better, safe mid-crash investments when it's at its lowest.

Odd in a way, /pmg/ is more of a phycial resource general; I've seen a bit of discussion over lumber pricing as of late, which seems like something both promising and generally unnoticed for anyone interested for something akin to a miner without relying on the miner market.

>>21484376
always nice to have help

>>21475639
Kissinger would know, He was in the military at one time.

>>21477336
>Federal reserve

Almost 40 ozt, most 900/1000 french coins, 3 Maple leaf and some junk silver 835.

>>21484617
Tanks for the larp pasta, fren.
Will post on /pol/ for shits ang giggles.

>>21484588
>21484588
The military industrial complex and gigantic federal apparatus have ruined this country. The government needs to stop looking for justifications for speniding more god damn money. Gigantic endless money pit paid for by americans who actually work.

>>21484617
What the hell faggot shit am I looking at? Help me here.

>>21476010
>often actively working to destroy them

Welp, you pushed me over the edge, I have to vote for trump now. You know you're basically a mafia goon right? Your job is a net negative to the average person.

>>21485043
Trump drained the swampu

took over the Fed Reserve. Or so it appears

>>21485148
What the fuck are you doing here retard? FED HAS GOLD BACKED DOLLAR $600 TRILLION TRUMP IS IN CONTROL. You idiot. Get the fuck out of this thread right now. You need mental help.

predictions for the opening?

>>21485267
pump until midnight, when the chinese take a big fat shit on gold and silver

>>21473581
>PRECIOUS METALS GENERAL STATUE EDITION
Lady Britannia on the the way.

next order is going to be the Silver Libertad Statue.

And next on the list will be Statues of Our great German ancestor

>>21474881
My guess is the warehouse has metrics that they're evaluated on, so they fudged the tracking on the computer to make it look like it was moving, then when it physically got processed it got a new scan saying the same thing.

>>21485340
>831 bucks for aprox. 11 toz
>but it looks so fucking good
I've already spent 700 on Asahi rounds this week and now I see this collection. Thank you anon.

> https://www.youtube.com/watch?v=y8XvQNt26KI
OH NO NO NO NO LADS, NO! I REFUSE!

>>21474881
sometimes they literally say "your package has been shipped" when all they did was literally create the shipping label, and the product hasn't even been packaged yet

>>21484897
Hello fellow eurostacker

I saw that pattern before....

>>21485863
It's not a Bull Trap, don't worry. They have to print too much for the next year.

>>21479712
Lol

If Germany would get its own currency it would instantly gain so much value nobody would be able to buy German products. Every single Euro would try to pile into the new currency. And that would make the world join in as well.

Germany can not have it's own currency simply because their whole economy would be crashing.

there's no way gold can go down very much, right? I can treat it is a savings account, r-right?

>>21485654
https://www.youtube.com/watch?v=XjoRZUckTws
Barely able to get into space, barely able to maintain a space station that's really a glorified hut for abandoned ThinkPads and a fancy Russian toilet, barely able to build an electric car that doesn't spontaneously combust. Sure, space mining, next week!

>>21485756
Nice belgians coins. I have some 5 francs Léopold II too

French, Belgian and Italian coins were the same weight and value thanks to "union latine", euro ancestor

>>21485904
You sound like an american. The Euro is German money you fucking retard. They don't need another currency. And also, you as a cock sucking consumer, aren't actually important.

>>21485904
american education moment

>>21475853
Lol, a government employee not understanding how inflation works

SHOCK

>>21478444
Are you the USPS knowledgeable anon from before?
Buying any PM right now?
Biden would be better on the pocketbooks - can't argue Trump wasn't with this cartoon stock market - but on a 20 year scale, what the hell is going on? We're all doomed.

>>21477157
That's my plan fren. Good scenario is we settle at 30:1

>>21485654
fuck I better sell my precious metals now that I know astroid mining is going to barely start in a few hundreds of years

>>21473581
>>21485340
I want the titty-coin statue so fucking much

>>21486056
>>21486117
I'm a Euro. Half of eastern Europe is pegged to the Mark to this very day and the Euro depends on Germany. As soon as Germany would leave the Euro they would burn their worthless euros and try to buy up whatever Germany is printing.
>They don't need another currency.
That's what I'm saying, you imbecile
>And also, you as a cock sucking consumer, aren't actually important.
Yes. That's why the German government will not allow a strong currency to kill it's own economy. Germany will never drop the Euro. Any notion of Germany leaving the Euro is as probable as the US government declaring to trade it's oil in Yen from now on.

>Americans with no idea about the basic structure of economies trying to call a Euro an American as an insult
Kek

>>21482347
I will forever regret not nabbing a tenner or kilo size Englehard. Plenty of the 1 oz bars tho, it's fun researching the serials.

I ignore:
SLV shills
Natsoc slide shills
Dirty whore slide shills
Federal employee slide shills
and other slide and fud bait

List keeps getting longer.

>>21486533
Ive not seen that one before.
I have been trying to find something in Australia because i really dont want to risk having one lost coming from overseas. We dont seem to have a lot of choice of silver statues here.

When will gold beat fiat

Picked up another 10 kgs of silver and another 200g of gold on the sell off . Still wish I’d bought a heap of batboys tho

>>21486975
>Still wish I’d bought a heap of batboys tho

Mint sold out. Good buy.

>>21486641
>I'm white
who is behind this post?
>East Euro pegged to the Mark
Clever - call the Euro the Mark... bringing up the next point
>That's what I meant!
ok
>american is an insult.
You are fucking right it is.

All of Mainland Europe uses the Euro even if they have their own floating currencies. Nothing is pegged... though it's obvious the exchange reserves are managed... but the rates are NOT pegged.

This also brings me back to my previous post of the the Euro being German money and you being an american. If the Germans made another currency the Euro would be directly convertible into it. It would be the Euro with a new name... the same though perhaps a rate other that 1:1 is given.

>>21486907
>beat fiat
Can you clarify what you mean by this? It's only been going up over time.

>>21487015
Easy 2-3x on eBay In the future for the rona novelty

>>21487060
Win the game, when even normal people realise fiat is worthless and they rush into gold for safety

>>21486907
>>21487060
>When will gold beat fiat

When the public/normies lose faith in fiat is when based money will beat faux currency.

>>21487083
>normal people realise fiat is worthless and they rush into gold for safety

Two of these were a weeks wages of a Labourer in 1824 (the date of this coin).
That is how undervalued silver is at the moment. It would have to get to $500+ an ounce to achieve the same value today, which could even be plausible once inflation hits.

>>21487153
Been thinking about this recently. With how much insane production growth has gone on since the steam engine, it's conceivable for workers' "nominal" (in gold/silver) wages to go down while still being able to afford a better standard of living every year.

>>21487126
Sauce please anon?

>>21487083
if there is any left by then

>>21487255

>>21487276
https://www.zerohedge.com/markets/turkey-hit-bank-runs-currency-panic-locals-sell-their-cars-and-houses-buy-gold-while-lira

>>21487083
Wait until gangs start raiding stores and homes for electronics to extract gold from them

>>21478724
I ordered some a week and half ago when silver hit $29 and I already have it. I ordered some more Wednesday and it's on it's way now. Did they send any emails saying it shipped? For me it arrived surprisingly quickly.

>>21487153
A TV used to cost the equivalent of $10K.
by your logic, I need to invest in tvs.

>>21487255
I’ve thought about this too. In ancient times, skilled labor made something like 80 toz silver annually. In the 19th century, it was up to 80-140 toz. With how many people there are on the planet, there’s not enough metal to cover everyone at those rates. So the demand would require a valuation far beyond historical levels. Population has gone parabolic in the this latest fiat period.

>>21487344
By your understanding, I can tell you are a retard, so maybe you should invest in TV's.

>>21487333
Thanks anon.

>>21487343
>>21478724
>Is there a chance I won't see my silver from the us mint? It's a large order.

Ordered ~$10k last week. Order confirmed same day but is still processing. This is normal for my prior large US Mint orders. Would not worry.

>>21487308
>In 1965 the minimum wage was 1.25 (5 silver dimes)

Not quite sure about this guy's math skills

>>21487398
You're welcome

>>21487344
One of the main things they’ve worked to keep prices low on are consumer electronics. Housing, food, and health care have skyrocketed in costs, but at least you can buy a cheap tv. Electronics are the bread and circuses to keep the masses from revolting while they are systematically robbed blind.

>>21487417
*quarters

>>21487447
So, how much will PM's spike tomorrow?
Also, baking new bread.

>>21487466
It's only logical for the newest mass manufactured goods to decline priced in real labor hours faster than everything else. Cars have 100 years of incremental mass production improvements. LED tvs have like 10.

Buying more physical before Monday guys?

>>21487378
Whelp you beat me to name calling, guess youre right. There hasn't been any evolution in 200 years.
We're going back to 2 silver coins for a week's wage.
Tulips to $700.

>>21487563
>how much will PM's spike tomorrow?
I wouldn't be surprised by a bump based on the Buffet news

>>21487308
>Minimum wage 1965 is 5 silver quarters equating to $15/hr today
This is how we’ve been swindled. Intuitively people think bigger numbers equal better, but in real value, wages have gone down. During this period of negative rates we are in and heading into deeper, I could easily see Dow 60,000 but it would have lost real value from today’s valuation, despite being double the nominal value. They’ve been robbing us for decades with fiat and humans aren’t hardwired so that the average person is able to detect this.

>>21487719
>Intuitively people think bigger numbers equal better
true