/biz/ - Business & Finance

first for slabbed tiddy coin

>>The year is 2023
>>The U. S. economy has implemented a state-backed crypto, and gone to negative interest-rates
>>The real economy is now in a third-world state
>>Authoritarianism has overwhelmed the world
>>You can only leave your house for basic necessities, and you must carry a mask and a vaccine-card at all times

"Officer, officer! Look! That man over there is trying to transact in silver instead of FedCoin! GET HIM!"

>>21593386
The paper investors are going to mass rope when reality sinks in

>>21592828
>This assumes that currencies have a measurable value
I mean they do. Most things do.
The price is what others willing to pay or give you for it. A Euro is 1.2 dollars for example.
>You are trusting the Federal Government, Treasury. and the Federal Reserve with maintaining a paper note that absolutely does not have a limited supply.
Neither does gold, as more and more ounces are mined each year. Though gold naturally can not yet be mined out of space for another hundred years and has a limited supply on earth, both economical and physical in nature.

The fact remains that gold is in itself not worth anything. Just like a rock. Its people giving that rock value. And its value will only increase or even stay stable if people think holding the asset will be profitable, whether by itself or part of a risk strategy. The reason people buying EUR for USD is because they believe in that asset being safe, the same goes for gold. If people would decide that platinum is prettier and that gold offers no value to their portfolio then gold would drop.
>Dollars are a currency at best, and worthless at worst. So, cicling back...
The same goes for gold. Gold has no inherent value. It will not work for you. It does not feed you. It sits there and looks pretty.
>Gold in itself has the value of a rock that can be used as money.
I think were both coming to the same conclusion here desu
Its just that you think the risk of the USD imploding is higher than I believe it is

Gold has no value in itself. Its a rock. Its people giving that thing value by moving currency assets into it to profit from the scarcity and "unprintability" of that asset. Its value will drop when people think other assets are more profitable and increase when they think gold is.

>St. Louis Fed: The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability.
Remember that prices for metals don't make sense. You're trading a currency with a rapidly expanding base/supply for real money when you buy precious metals!

Be honest with me bros is the pullback ever coming?

>>21593386
where the poomp at shieeeeeeeeeet

>>21593534
It happened last week

>>21593495
DID YOU JUST CALL ME A MAN? HOW DARE YOU ASSUME MY GENDER?

GET ZHEM, OFFICER!

This is my stack. There are many like it but this one is mine.

>>21593509
theyre going to absolutely flock to online bullion retailers. anything not nailed to the warehouse shelves will just accelerate out the door. LCS will close from lack of inventory. people will break in and rip up the shelves for a merc dime that might have rolled under it

>>21593386
I want to buy 30oz but I need to pay 33% above market. Is this normal?

>>21593386
Since it gets asked a lot

>>21593653
I love how the gold reflects on the silver. Nice picture, Anon.

>>21593483
I didn't know you could get privately minted coins slabbed.

>>21593511
gold is a rock that has embedded economic value due to
-scarcity
-difficulty to process in labor and technology

we are not going to space for gold unless the gold is priced accordingly. it costs to go up and costs to bring it back. going to space for gold would be bullish.

USD holdings as FX reserves are the lowest they have ever been. china and russian have been dumping their treasury holdings.

>>21593511
>Gold has no value in itself.
This logic can be applied to everything, even services, the point is moot.

>>21593708
i guess NGC is willing to under a 'fantasy' category. i paid probably too much but eh, provided its real its worth it to me

>>21593644
Are we ever going to see $20 silver again in our lifetimes?

is hyperinflation coming?

Opinions on MTA? They just added kirkland properties to their portfolio.

>>21593796
maybe
>>21593810
deflation seems most likely from what discussion we had this morning

>>21593796
To have that much of a sharp drop means that you won't see 30 ever again.

>>21593708
You can slab your booger freshly picked from your nose if you want. They are a money making businesses and they'll slab anything for a fee

>>21593857
>deflation
What? How? Why? Every single country out there is printing, more like a Stagflation. What did you guys talked about?

>>21593511
>The fact remains that gold is in itself not worth anything. Just like a rock. Its people giving that rock value
>Gold has no inherent value. It will not work for you
https://lmgtfy.com/?q=industrial+applications+of+gold
shut the fuck up faggot

>>21593759
>we are not going to space for gold unless the gold is priced accordingly.
Children born now may see the first tests for space mining when they retire.
Its nothing that concerns us.
>>21593766
Exactly. My point is that gold is not a "special asset" that is somehow not affected by this. Its not "money".
Its value will in- or decrease with higher or lower risks in other asset classes.

Silver is for poofags. Gold is the only chad PM out there

>>21593511
>The fact remains that gold is in itself not worth anything. Just like a rock. Its people giving that rock value
In the new Paradigm we'll have to implement the law to execute the retardation genetic like this one.

>>21593534
Did you not buy the $24 dip? Lots of shit was sold out fair enough but C'mon bro

>>21593511
>Neither does gold
Gold is literally limited in supply until asteroids, in which case, we're probably beyond needing things like money.
>The fact remains that gold is in itself not worth anything. Just like a rock.
Addressed prior. Gold has the intrinsic value of being able to be used as sound money. Very few things can be used as money.
>Its just that you think the risk of the USD imploding is higher than I believe it is
It doesn't need to implode. It's unsound and not worthy of trust.
>Its value will drop when people think other assets are more profitable and increase when they think gold is.
And these assets are few and far between right now. Gold's value should be measured against the valuation of these other assets. Gold is the unit /pmg/ uses and against gold, those assets are incredibly risky and overvalued. 13 ounces of gold to match the Dow Jones? 150 oz for a tax liabilty that lasts 20 years tops? peh.

>>21593909
>>21585653

>>21594043
I'm waiting for the asteroid dip

>>21593878
are you saying my Elvis Presley NS70 booger is just a meme?

>>21594043
>we're probably beyond needing things like money.

Don’t mind me just posting my stackerino

>>21593909
>>21594094
any smarties care to decipher this for a brainlet?
https://archive.4plebs.org/pol/thread/268710050

>>21593927
>Its nothing that concerns us.
then it's not worth bringing up ever. regardless, it's always dumb to bring up. going to space would be like admitting there's no more supply on earth. which is beyond bullish as fuck.

gold is special because we continue to value it for the last 5000 years. it's literally created from supernovae. you can print currency til the cows come home but gold is special.

money in any form is a technology to facilitate trade. gold has been the best at that role. it now has spec value due to CB fuckery. all i want is the value of my present labor to be transmitted to the future with devaluation.

gold is not a promise. you own it. and until financial assets offer vastly superior returns i'm sitting on my stack.

>>21594111
Same I heard gold will be free when we asteroid mine, I’m getting golden guttering put around my house it will never corrode

So I think we all know this bubble in the precious metals is nearing the last stages of its cycle and can't last forever, maybe through the election or even out to the end of the year. My question is, how are you planning on getting out before the blow-off top and eventual collapse and new 10-year bear market? Do you have set price points that you're going to sell, like 20% of your holdings at a time?

>>21594156
that lil 1 gram gold is bretty cute ngl

>>21594094
I'm such a fucking brainlet, what does it mean and what's the best thing to do in that scenario? I still don't believe it, we won't have a hyperinflation, but bigger-than-usual inflation seems unavoidable.
Also, this isn't a real pandemic. A million people died, that's less than a flu.

>>21594156
Very nice anon.

>>21594111
good, you can buy allocated meteorites. There's a few expected meteorites of X/1979 O3 which we can hold for you at a premium of 30% and a custodian retrieval fee of 5% per year, sir.

>>21594206
>pmg
>selling
>ever
>1 post by this id

>>21594206
Low quality FUD, never selling. You want my gold and silver? Come and get it. I'm afraid the only precious metal you'll get is 12 ounces of lead.

>>21594206
PM's are a way for me to have private wealth, outside of any documented system. I never buy online. If the LCS is out, I pay a guy I know to buy for me. Many of my friends do this as well. Its a hedge against divorce and liens honestly. I can be poor on paper, but actually have lots of real savings that aren't tied to this stupid system I despise.

>>21594216
i wish i was a multibillionaire...

>>21593927
>Its not "money".
PMs check all the qualifiers required to be money. And they do it better than any other commodity.
Reminder that money must be:
-Durable
-Portable
-Uniform
-Limited in supply
-Acceptable
-Divisible
-Fungible

Remove one of these qualities and it cannot be proper money. Understand that PMs were not used because of bias towards them. They are simply the best candidates for being money.

>>21594310
based

>>21594255
holy shit this is actually an idea that would sell, purchase a tracker beacon for your own assayed asteroid, defended by the independent mars colony security forces

like looking into the future

>>21594287
lol what is with americans and wanting to give everyone lead.

>>21594310
>Its a hedge against divorce

>>21594206

Paid spot for this how’d I do.

>>21594255
Here, buy this ERC20 token where we’ve tokenized am allocated share meteorite gold

>>21594346
Thanks. Its the same reason I grow my own food as well. It's a way to not give the system more than I have too. End goal is to pay taxes on my property and nothing else. Not even buy gas because I wont have a car, just horses and a buggy.

>>21594206
is there a similar chart for USD? which would you rather hold.

>>21593495

What frightens me is that I can really imagine this.

>>21594397
some other anon joked about it. Maybe you could find a way to sell derivatives.

>>21594310
God damn that's genius

>>21594183
Tldr, anon claims there is a dollar shortage and it will be a deflation.

>>21594525
Options contracts on shares of an asteroid awaiting drill results of sector 4B-9Q

>>21594580
>asteroid exchange
>buying fractions of potential wealth on asteroids
>i own 50k shares (5%) of OBJ256-A1
its like the comex but in space, theres no way to know the value or weight

>>21594575
>dollar shortage
Where the fuck does it go? They export it? They buy gold in Switzerland with it?

>>21593925
I could also quote the paper value and use as burning and insulation qualities the next time someone argues the Turkish Lira is worthless junk currency.
Gold has value because people are willing to pay that value for it. End of story. It does not do much else.

>>21593993
I realize Im in /pmg/, so a lot of people here think gold is somehow not an asset class but a magical element.
Gold is an asset like any other. It has the value people give it based on a valuation of price development and risk of gold itself and other assets.
Invest accordingly is all Im saying or we will see crying bagholders when the economy recovers.
>>21594043
>Gold is literally limited in supply until asteroids, in which case, we're probably beyond needing things like money.
See >>21593927
I think we all agree its nothing worth caring about right now
>Gold has the intrinsic value of being able to be used as sound money.
Just like sea shells or bones.
Gold can be used as "money" because people pay for it. Its no money because god commands so but because people value it.
Like any other asset. Gold in that sense is money just like concrete or iron is.
>It doesn't need to implode. It's unsound and not worthy of trust.
I disagree really. I think the USD is fairly safe.
>And these assets are few and far between right now.
That entirely depends on your outlook on the economy though
>>21594197
>gold has been the best at that role.
Electronic payments moving around the world in seconds are. We replaced gold with that because it is just so much more practical and useful.

The other points I kind of agree with. Except that gold is "special". Its an asset class. Like land.
Its fairly stable and does not depend on the gouvernment or power or companies doing well. But people will lose interest and sell when another good asset comes along. It perfomed worse than SPY over the last 20 years and may do so for the next 20 years. Or not. Its an asset, not special, not promised to increase in value.

>>21594310

>>21594666
Anon claims that the rest of the world is still hungry for dollars. Also, nice digits.

>>21594094
I asked this when that was first posted and never got an answer that wasn't just some asshole jerking off:

When was the last time a deflationary period occurred from a pandemic? Something tells me the situation we're in is absolutely NOTHING like the last time this occurred. In fact, I would be willing to bet we were still on the gold standard the last time it did, so using that as a measure is a foolish take.

>>21594673
>Just like sea shells or bones.
My little shill can't be this fucking stupid

Are dealers out of stock yet?

>>21594156
>that valcambi
Hello, brother

>>21594673
This is a one way ticket to the moon. Be gone with your shit tokens.

>>21594771
dude i dunno, this whole year is uncharted waters. i just buy the silver and do the things, and make the shitposts.

Anybody have a screencap of the insider talking about COMEX/JP Morgan default behind closed doors preparing to evacuate all gold stores before they publicly default?

>>21594926
Stupid LARPs aren't worth screencapping.

>>21594673
>Electronic payments moving around the world in seconds are. We replaced gold with that because it is just so much more practical and useful.

you can implement the same system with gold backed digital currency. it would force the restriction of money printing.

you are demonstrably wrong. see the picture.

>>21595013
I know it's a larp but I want to believe

>>21594310
Pussy is the biggest bubble of them all, sell now, rebuy in when it hits merc dime

>>21593857
I was in the threads all morning, and I saw anons making assertions that we would hit a deflationary period but nothing that amounted to any reasoning, just that graph about historical trends. Check this >>21594771 and let's work from there, because right now the only argument I've seen for deflation is "normalcy bias."

How does /pmg/ find local places to buy? Do you just check pawnshops? Do jewelry stores sell coins or bars?

>>21593511
Ok first off I know that I am baited but I'll bite. Gold is valuable because it works as money. Since the fucking agricultural revolution it has been selected by independent people to serve as money and it has worked in this purpose for thousands of years. It makes very little difference whether or not it has some OTHER use case than as money. It has flawless track record for maintaining it's purchasing powers through different eras and regimes. On that point I must add that it's funny all these zoomers hyped up about decentralized finance and all the different shitcoins (including the shittest of all coins, the bitcoin) when gold has always been the perfect decentralized money. Gold is not dependent on any particular system since it exist in the physical world. It has limited supply, yes there is more of gold but if you wan't it you need to spend resources energy and work to obtain it. No one can just type it into existence and make it go worthless. This is why it has the perfect track record of maintaining value and purchasing power despite of eras and regimes. All you zoomers and other shitcoin retards should learn some history about the king of decentralized finance - the golden boomer rock.

>>21594673
Gold backing the currency does not prohibit electronic transfers in any way shape or form. What you are stating is a tired, dis proven trope.

If anything having all currencies pegged to gold again would greatly simplify and stream line international trade as everything would have the same marker as opposed to ambiguous baskets of currencies measured against one another.

>>21595074
I check antique shops and local coin dealers.

>>21595068
We're unable to deflate. We will not be able to service debt and contractual. obligations with a slowdown.

>>21595059
are there really people out there who buy singular (multiples of 1) merc dimes and not rolls of 50?

>>21594183
"Depends on how fast it all goes down and who wins the election. If there is a war, I would say about 12 years"

Yeah, 2032 is what supercomputer keeps pointing to.

>>21593386
$30 eow seems like a good possibility to me

Doll stackers unite! Rollcall!

>>21595188
i mean, i buy random amounts of them from my LCS that total 50 in a tube, but i might buy anywhere from 5-50 at a time

>>21595033

GoldMoney, which used to be called BitGold, already issues gold-backed credit cards right now. The only reason why it can't achieve mass adoption yet is government hamstringing.

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

By the way, share-price of GoldMoney is really soaring lately, including today, when most miners sold off. Market must be seeing something important here.

>>21595259
to lazy to take a new picture waiting on my new coins. they should arrive on the 21st if usps does not fuckup

>>21595068
The only deflationary risk I see is that there's so much fucking debt everywhere that helicopter money just goes straight into paying the different forms of debt instead of goods and services. It happens with every stimulus, you see the people with their stimulus checks going straight for the big TVs, the shoes, and all that only because it makes a good headline; many more people just burn those checks at the altar of the mighty Debt God.

>>21595249
I don't know if we can make it that long. I expected late 2020s early 2030s to be the era where whites became defacto second class citizens in their own homelands, but it's literally happened over the last 8 months. At this point blacks can literally burn, loot, and murder with nigh impunity, and if any white dares defend himself they'll be arrested and charged with murder.

Things are accelerating much, much faster than any of us dreamed even a year ago.

>>21595259
I'll report in when I get my 20th cyber round. Should be this weekend!

Lol @ fudders coping. There are wayy better ways to fud but Im not gonna divulge them here unless paid in gold bullion for my super effective gold fud.

Also gold is literally magical. Ping a gold eagle sometime, or watch mercury and gold amalgamate on youtube. Fun fact, if you put a mercury capsule on an old tv rabbit ears antenna, it can pick up signals from around the entire fucking world. Maybe gold helps enhance that? Soft metals are better at picking up vibrations prolly, idk. Gold was used as a coating on many of the weird weathervane type items that place on top of "victorian" era and earlier buildings that were definitely used to capture energy from the ionosphere.

inb4 meds. I dont care. I'm never trading my gold, not even for Treasury Bucks. Thats what half of my silver stack is for, and the proceeds of which will be used to fund my alchemy and energy research.

If anyone else wants to schiz out on this stuff, there's a wealth of it at stolenhistory.org

Here's a thread about First Majestic in fact! Really interesting caverns they got there....

https://www.stolenhistory.org/threads/la-luz-silver-project-real-de-catorce-ogarrio-tunnel-and-the-first-majestic-silver-corp.2743/

>>21595363
https://www.youtube.com/watch?v=mcSSl1dPhuU&

>>21593386
Hello
I am still extremely bullish on silver with longterm calls.
However, tomorrow we are going to see red - if you have any short-term calls, I highly recommend you sell right now

There is not enough steam to push through $30 right now - there is wayyy too much resistance without any "BS" news to justify the push

If you are worried that it'll break $30 and you'll get left behind, don't worry - if it breaks $30, there's nothing stopping it to hit $50 - it won't be a big deal if you get in at $33 instead of $28

Save yourself from getting burned on your short-term options / take your profits

I personally am in 8/21 Puts, just to sell tomorrow after the market bottoms out

With that said, some news story could break before tomorrow that pushes it higher
but without that news story, Tokyo is going to go red, driving Hong Kong to go red - it will be hard to stop that Asian market momentum

Again, I am only talking to people here who are holding short-term calls - if you are holding long-term (or physical) don't change your position at all

>>21594156
I like that you took the time to spread it out nicely on some green velvet. This guy fucks. Also, 1g of gold, cute

>>21595487
so you be sayin a nigga should open shorts?

>>21595353
That is an interesting consideration, but I figure at best it will delay the inflation by a few months. People will still be spending, and the helicopter money will be infinite. Eventually people will either have paid off all that debt and start spending again, or people will continue to spend as they pay the debt off with the helicopter money. At worst money velocity is stalled for a month or two, with an eventual return to what it was before and a faster increase.

>>21594410
We just want to use our toys

>>21595531
Only for very short-term - only if you're planning on closing out the short in the next 24-48 hours

>>21595188
I bought two mercs to push a 10oz bar over the free delivery threshold.

They sent me 3 mercs

FREE SILBER!

>>21595259
DAMNIT ANON

This is a blue board, there are people on no fap here, cover the lewdness!

>>21595408
very cool tunnels anon

>>21595572
how low do you think we will go?

>>21595282
yes i'm aware of gold money.

the same arguement for e-payments is the same arguement made for using paper certs for transacting instead of actual metal.

also 1971 was effectively a US debt default.

>>21595544
Oh in the long term I have no doubt money printing will drive paper money down to its rightful valuation (near zero), the exact timeline is the trick.

>>21595506
thank u anon... I’m glad someone noticed the luxurious fabric I purchased for staging my pm’s

>>21595487
>1 post by this ID

Is there any reason not to just buy kennedy half dollars? It's the lowest premium I can find.

>>21595487
It’s all so tiresome

>>21595725
Will have to see how Tokyo / Hong Kong open, but my rough guess is $26.80 low for the day
I think it will go under $27, and people will panic and exit positions, then there will be major buying action ~$26.80 and it will hold
(but if Tokyo / Hong Kong open strongly red then it's possible $26.40 or $26.50)

I do think though that the week will close out green strongly on Friday - I'm not sure what will happen Thursday either, I just strongly feel that Wednesday is going to be red - there is too much stacked against a rise (and prices follow the path of least resistance)

>>21595487
I have some calls that expire in October, you think that's too soon?

>>21596025
No not at all. You should hold onto those with a diamond grip (if you're willing to accept short-term losses, but major long-term gains)

I mean, theoretically, you could sell them and then just go back into the position tomorrow, but you risk following the advice of a stranger on a Malaysian Basket Weaving Forum & lose your advantageous entry position
(in general, if you think that your position is the right one to be in, you shouldn't change it for a very short-term price fluctuation)

September is going to be a crazy month - I would not wait until October to sell your call, as I think you'll suffer theta decay from the major action that'll happen September
(let's see if COMEX defaults!!)

>>21596158
We sure are living in an interesting time

>>21595363
Things will get worse. Shortage of food, metals, of things and then comes the next virus. THe next 10+ years are going to be really fucked up.

>>21596158
Dude, there is far less silver to deliver (cumulatively this month) than in years gone past.

I don't get it.
Why is the Fraudulent Reserve so hellbent on destroying the currency?
They do know what they're doing, r-right?

Im glad the fragilistas from the last general have gone. Ride the rollercoaster you pussies.

>>21596371
I persume it's because they know that as soon as they stop everything breaks apart. They're trying to kick the can down the road even though the more they print the worse it will get once shit actually does hit the fan. They might just be retarded though.

>>21596371
It's not a problem when everyone is printing, you just don't hear about it on the news. Euro, Pound, every type of Dollar, everyone is playing that game now. All that money will soon flow into the Real Estate, precious metal shortages mean they've been accumulating for the last half a year at least.

>>21595257
Where is the math in these lines that makes sense?

>>21596371
They're stuck between a wall and a hard place
The economy / interest rates had not recovered enough since 2008 crisis; their normal monetary policy tools (cutting interest rates/ quantitative easing) can't work when rates are practically at 0 and the banks didn't do anything to change their behavior with the QE (very few lessons were learned by the banks after 2008)

They're stuck between printing more money and allowing inflation to go past 2% (which is part of their dual mandate) or let the economy go into a serious depression (which is part of their dual mandate)
Between the two, they would rather go for inflation and hope for the best, than go for the option that that is guaranteed to equal depression

jp morgan you fucking kike ill rip your cock out

>>21596399
AAAAAAAAAAAAAAAH I AM FINANCIALY IN RUINS

>>21596371
this is the best gold apu

>>21593673
silver premiums are high right now but not 33% above spot, where are you shopping?

>>21596399
I'm ready

>>21596603
Find and kill their children if anything. Festroying a persons future is the only way you can truly hurt someone in this world.

>>21595681
Looks so comfy in there

>>21595336
>usps does not fuckup
blows my mind they ship expensive things using usps....

>>21596666
Nice

>>21596592
not math but ascending triangle

>>21594730
Lmao.

>>21596479
>>21596533
>>21596599
I just want it all to collapse already. Trips decide when and how the USD shits the bed.

>>21596963
2036, kicking of the eugenics wars

>>21596963
Trump uses an executive order to make silber the only legal tender.

>>21596963
2 months, DXY 55.

>>21594673
Guess I have to post the gold is money set for the civilians in the thread
1/4

>>21597057
He shouldn't even have to it says so in the constitution. Silver and gold anyway.

>>21597086
2/4

i like to rub gold coins against my nipples

>>21595336
very nice.

Aurcana is undertaking the PR move of changing its name to "Aurcana Silver Corporation." Thought some of you might be happy, or at least amused to hear this. Now I'm waiting for

Tinka Silver
Fireweed Silver and Zinc
Blackrock Silver and Gold
Callinex Silver Mines
Discovery Silver

>>21596963
The Fed blames the "Evil Gold Hoarding Nazis" for the Dollar's collapse, riots ensue.

>>21595257
We have a super wide Bollinger band, and the 50DMA is 18 while the 200DMA is around 21:30. Also if you draw from recent high to second recent high, and do the same with the low end sicks, you get a different triangle. All on the Daily Resolution

>>21597186
3/4

>>21596792
What purpose do all the other lines serve?

>>21597338
Green ones horizontally is a fib retracement, there is bolinger bands that have a MA in the middle, and then the grey lines are to draw out whether or not there is a visible pattern

>>21597086
>6kg of gold in a cubic km of seawater
>The volume of water in the oceans is enormous: 1.37 billion cubic kilometers
>1.37 billion * 6kg
>8,220,000,000 kilograms
>2,642,789,39,669 troy ounces of gold
Now how do I create a fund and sell this gold? You can just trade the paper which is better then trading the gold.

>>21597234
If this happens, all I can ask for is either victory or to go out in a blaze of glory somehow.

>>21596963
2025, after Trump leaves office. Printer goes BRRRRRRR for the $100T green new deal.

>>21597305
4/4

>>21593495
I'd watch that documentary

>>21597428
they've been trying to do this since 1900

https://www.atlasobscura.com/articles/gold-ocean-sea-hoax-science-water-boom-rush-treasure

>>21595487
The "Steam" was blown off when the kikes smashed it down a buck this morning with
free imaginary shekels

>>21596963
Let's try again. 6 months, DXY 40, Russia, China, and Eastern Europe fight for relevancy.

>>21597417
The bolinger bands are the wavy ones with the red center? I don't see the point of the top and bottom grey straight lines

>>21594156
the thumbnail looks like rubbery dildos with alot of veins and wrinkles

Now we wait....

(new oc)

>>21597670
Yes the bolinger bands are the wavy ones. They are x standard deviations above or below the Moving average which is the red line in the center. 2.5 is the SD you use on large time frames, and it shrinks to like 1.5 on the 1 hour chart. People use different settings. Most people don't understand the math behind all this stuff.

Imagine thinking this is sound.

I really like it >>21597788

Seems like the beginning of this dystopia >>21593495

>>21597788
Thank you anon. Nice digits too.

>>21597837
What is the purpose of the short grey/white line inbetween 23/24 at the bottom? There is another complimentary one at the top of the screen it looks like

>>21597854
holy fuck I trade with ally

>>21597854
>Attractive young woman wrote this

Opinion immediately discarded.

>>21596963
>Trips decide when and how the USD shits the bed.
USD maintained in a multi currency system, adding food/necessity accounts and allocated paper 1oz silver teasury certificates, 100 certs = 1oz. The gov will allow exchage of 1 cert for 10 usd for a half to one year period in 2022. Silver that isn't exchanged during the window will be taxed at a 50% rate. Gold will be left alone for trade accounts in a mess of loans and ownership issues. There will be a similar. Window to exchange gold for 5000 or 10000 certificates per oz. The tax for selling outside the window or exit will be about 70%

>>21597788
Comfy af. Well done anon

>>21597788
Checked and based and saved

gold price eoy?
-> 2400USD

>>21597854
I'm not even sure anymore if the market will collapse. They just printed their way out of another crisis, holy fuck.

>>21597953
Usually people draw lines from one bottom to another, finding the lowest ones without interruption. Same would go for the top. I am making assumptions based on the TA I have seen in the past. Im trying to make TA back testing algos, so the line drawing stuff is a bit foreign to me, and much harder to backtest for accuracy.

>>21597854
>It might signal a bull run!
>It might be the top and signalling a bear market!
>Dunno LOL, click subscribe plz!

>>21597453
The printer has already gone BRRR during Trump for two years before covid and it will go BRRR until the election. Even if Trump wins, the printer will go BRRRR for four years non stop. The FED will print at least 1 trillion / year

>>21597889
>>21597906
>>21598010
>>21598014
Thanks frens. Have another, hot off the press.

According to the CoA, this thing is officially legal tender under Public Law 110-456 meaning it is worth $0.25.

$140 melt, $.25 face.

>>21595104
So is bitcoins. Why do you think you can buy bullions with bitcoins. You cant buy bitcoins with PM. I have both. Just saying. Bitcoin is not tangible (but it is in a virtual sense in your own virtual wallet) but checks every other box. It is also traded with other countries. It runs 24 7 no circuit breakers and countries have found it as safe haven. I am doing a considerable purchase in gold when it hits 1500. Too high for me to swap crypto for.

>>21598215
so when you travel that only counts as 25 cents right?

>>21598209
Saved.

>>21598083
What do you mean the have printed their way out of another crisis?? It hasn't even started yet and the card house is burning down

>>21596963
bitcoins will wreak havoc and also be a safe haven

>GPL is the only miner stock making me money
Really hope they don't go bankrupt on me.

>>21595068
Capacity utilization rates are lowest in 30 years and TIPS is at negative. 28 million unemployed will become savers instead of spenders. Additional printing is given to (((friends))) who spend it on de-risking and velocity of money is not increased.

>>21598215
Canada once made a penny out of 1kg of Silver. It's still legal tender there for 0.01 CAD.

>>21594771
These are declines in real rates of return. Nominal rates are zero and inflation can still exist in the economy for certain sectors. Paper is here https://www.frbsf.org/economic-research/publications/working-papers/2020/09/

>>21598470
But these facts are being met with huge fiscal response, where as in the 1930's they fought the deflationary pressure and depression with austerity. For the fed to fight deflation, they will have to find methods of creating inflation, and will go overboard. So whatever deflationary pressure we have now will not last long in my opinion. Its the biggest issue I have with Dr Lacy Hunts thesis. he is right about all the deflationary pressures, but Politically no one will do austerity, the Fed wants to keep asset prices inflated, people want gibs, and the fiscal policy is print print print. I don't see us entering a long term deflationary cycle.

>>21598470
Also link to that paper. Is it the one where Appendix B is 34 or so occasions of deleveraging, and how that was went about?

>>21597854
>If you need cash before then, it's always worth considering moving some money into conservative assets like Treasuries
Holey macaroni all those normies who ignore negative real yields, I bet this cunt is one of them.
Btw I don't know if it was discussed here but Bill Morneau resigned as finance prime minister in Canada.
Pic rel is replacement, Chrystia Freeland.
ALL GAS NO BRAKES AAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHH

>>21598392
what if there will be no depression/crash but instead a decade-long hyperinfflation?

okay last one

>>21598750
ahhhhh yes, my fears over the liberals stealing money during a crisis are completely assuaged by promoting this woman to such a high office.

Her predecessor was totally planning to retire anyways, has nothing to do with the scandal, err, with anything.

>>21598750
>finance prime minister
finance minister, of course.

>>21593653
based private pyle

>>21593653
80 Silver to 1 Gold?

>>21598470
Our system can't do deflation though because we have 80 million boomer pensions dependent on endless growth forever.

Deflation in real terms, yes. Nominal deflation, no.

>>21598083
Nah, they printed away their own savings more like

>>21599031
100 to 1

>>21598657
The current fiat currency has only existed for the last pandemic on that list which was hardly a pandemic at all. What >>21598673 said also stands up. There is no end to the amount of printing and pumping to the Fed is going to do in order to keep a deflationary market from hitting.

Looking to past events to predict the future only works if circumstances today are similar to the events of the past, which they most certainly are not.

>>21598776
That's a real possiblity. Instead of a crash, we can have a melt-up into hyperinflation

Stock values might never fall but rocket directly into stratospheric Zimbabwe valuations

>>21598884
>“As we move to the next phase of the COVID-19 pandemic and pave the road for our economic recovery, we must recognize that this process will take many years. It’s the right time for a new finance minister to deliver on that plan for the long and challenging road ahead,” Morneau said

The guy is jumping the sinking ship, that's super bullish on pms BUY BUY BUY BUY BUY justfmsu

Finally. What I was looking for. For some reason GoldSilver.com increased its premium on Silver Eagles while 2 others did not. Im glad this is starting to pan out. Long way to go but I have finally seen what I was looking for. Some proof that there are jumps randomly, and that they can make a difference. Now to add the /PMG/ Suggested vendors as well.

>>21596963
End of September. A defaulted comex causes a sky rocket in PMs, which signals a dying currency and thus tanks DXY

>>21593653
>>21599031
that's too much gold, my stack is 400 to 1

Hows things today? Did something a little different than normal, current client wanted to try out a new toy he discovered that BGM is using on their territory. Its a specially calibrated "Stinger" towed from a helicopter to survey for placer deposits. Never pass up a helicopter ride!

>>21599170
Mike Green & Marko Papic talk about this in a realvision interview not too long ago. I will have to hop onto my other computer to screenshot the transcript/copy paste

>>21599103
"They" all own more gold than anyone else, that's why they're so trigger happy with printing, it doesn't affect them. But then you have the entire generation of Bluepilled Normies that will soon be told that only Nazis stack gold and silver.

>>21599224
Forgot image like an idiot.

>>21599188
If we enter stagflation, will businesses still be able to keep up with their current outputs? I would argue that yes with the current outputs of companies, we would get Zimbabwe dollar prices. But if the economy cannot support these businesses anywhwre near their current scale, they will all go to 0.

>>21598884
>negotiations
Who said you ever had to accept some countries deal?

That's like saying this is the most elite car salesmen negotiating team...you can just leave they can't win if you leave well at least in that scenario.

>>21593653
Based. My stack is almost exactly the same.

>>21599265
Stinger as in the missile? If so, please record it in action good sir.

>>21599265
Whats your opinion on MTA and EB Tucker?

>>21599265
directed LIDAR device?

>>21599241
>>21599188
I dont think it's going to be that catastrophic or immediate, the rope will most likely continue being let out on PMs, the stock market will probably continue to inflate until election.

It's happening, but it's being controlled tightly. This is the entire world economy making an emergency landing with both engines out and with half extended landing gear, we'll know when we touch down, because something big will happen, but it will be weird for a while longer.

>>21598884
Also that woman looks full of herself. Ironic how that is considered business formal yet guys have to put on a whole slew of uncomfortable expensive clothing while ive seen chicks skimp by with leggings....

>>21597788
>browsing /pol/

>>21599413
how much longer? Like right afger the election or a year down the road?

>>21599378
its a pod dragged behind the heli, it sends pulses of magnetism down into the earth and registers the resistivity when it returns.
>>21599389 Never heard of EB Tucker, but I ll have a look into him later. Things got a bit sketchy before landing and i need to let my head rest.

Would 50 ounces of gold enough in case the U.S. collapses? Don't shill me silver, I'm not interested.

>>21599404
no just a magnetometer with a special new program setup on it, really amazing readings too, feed back was excellent, we could see a great looking ancient channel on screen near the edge of the property.

Is it just me or is there reason to be concerned about the real possibility of a second Executive Order 6102. I don’t think trump would because his main voter base is made up of boomers who would be pissed but he could in his second term and if Biden wins then he could do it in his first term and his retarded voter base wouldn’t care.

predictions for opening in 40min?

>>21599581
define enough
also buy silver

>>21599523
Your job is amazing.

>>21599523
Great. Id really like to know your opinion on his company Metalla royalties and whether or not investing in them is an effective way to have exposure to PMs.

>>21599581
buy silver or stay poor

>>21599651
havent been in a heli in a while! I love them, beats a bush plane any day!

>>21597854
>Chief Investment Strategist

How do these broads keep getting these job?

>>21599626
$29 or higher

>>21593673
Go to your local coin shop they dont charge as high of a premium

>>21599733
checked

>>21597788
I love this meme. Bless you anon.

>>21599647
Enough on the sense I can pack up, go to a non collapsed country and be back to normal living in less than a year.

>>21599581
buys silver or stay poor

>>21599581
50 oz gold is a comfy stack

>>21599603
>12 percent of americans hold gold bullion/coins
>14 percent of americans hold silver bullion/coins
are they going to mobilize the army and knock down your door to get that? When most of that 12/14 percent is going to be a few star trek coins and other meme garbage?
even if they make it illegal you will still be able to buy heroin and hookers with your silver.

>>21598339
Holy based I never though about it like that

>>21599581
50toz would be amazing anon.

>>21599763
I bought a Reagan coin today for $39 dollars. Is it because of a high premium or because it wasn’t generic? I also paid $34 for 15 junk dimes. Am I getting scammed?

>>21599829
Why would the hooker accept your silver if she can't pay her rent with it or convert it to FEDcoin?

>>21599464
At this point the suspense is killing me, could be a day, could be a year. I think anywhere from October to March is a safe bet, but in the meantime i look forward to physical PM becoming scarcer and scarcer and harder to get, with rising prices and mooning miners. Just my thoughts though.

>>21599925
she trades it to the drug dealer for more heroin, duh

>>21599780
>>21599856
Sure would be but i dont have 50 ounces. Lol if i did it sure would feel comfy tho. But at the same i dont have 100k to drop on gold right now, not like id do it all in one go either.

>>21599865
$39 for a Reagan coin is worse than what you pay for ASEs on some sites. Unless it was minted by the government, you got ripped off. $34 for junk dimes is also scam pricing (unless it was all barbers).

>>21599581
anon you wont be able to run from it... its a worldwide phenomenon not some localized stock crash

>>21599696
if im a 20 something abotut o uproot his family to homestead where can i move to also pan for gold

>>21600111
>Lol if i did it sure would feel comfy tho.
can confirm

>>21600151
Thanks. I want to die now but at least I know not to buy from those kikes anymore

>>21600195
Loads of places out west in the US and Canada that have regional gold belts, look into Montana or Oregon, BC and the Yukon are always options too.

>>21599523
Did you watch the new aurcana video panman?

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

>>21594206
no dude, its at the very beginning of the cycle. I remember in 2015 thinking the stock market was nearing a top and then it ripped my face off for 5 more years...this is going to be like that....$5,000 gold, $100 silver by June 2022

>>21600540
yes that was fabulous! I spent the evening on google earth looking at the different old ruined mines they talked about in that vid.

>>21600585
Cool.
Is it really the world's highest grade silver mine?

>>21595363
Its truly amazing to watch. What're the white gonna do? All move to Wisconsin?

I bought a 10 oz "Come and take it" bar today for $33. Not terrible, not great. But a solid meme.

>>21600778
Oops
*$330

>>21596158
What if you're an idiot with 9/30 $27.00 SLV calls lol?

>>21600663
its probably in the top ten thats for sure, but there are other properties out there that have similar or nearly the same scale of ore body. However, it is probably the highest grade (soon to be working) silver mine, the only other one i can think of is Hecla's Lucky Friday mine in Idaho's Silver Valley.

>>21600778
How the hell did you get 10 oz for $33 dollars

>>21600338
$39/ozt is going to be extremely cheap soon

Got 4 more 10 oz bars today, pmg, but premiums on ASE are spiking HARD. Like, up almost 10% over last week. Shit's getting real bros.....

>>21600007
imagine being a lump of meat that gets fucked and gets high and then dies early

>>21600866
I made a ton of shitty rookie mistakes, a lot of them psychological. I went with 27c for Sept 4th. Precious metals have one direction at this point regardless of the spikes

>>21596963
future president spends trillions of dollars on hookers and blow

When is silver market opening again?

Massive selloff in 5 minutes. You've been warned.

>>21600872
see >>21600836

>>21598750
quick can you offset trillions of dollars of debt with cellulite???
asking for a friend

my body is ready

>>21601063

please dip back to 24 I need more shiny

>>21601014
Futures markets run 23/5 from 6 pm to 5pm the next day

>>21601095
>nipples showing through dress
>looks like thirty pounds of oatmeal cookie dough in a one pound plastic bag

at least she is a trained journalist, surely this will save us from the worst depression in a hundred years.

>>21601128
No.

Rollin for $15/oz

its looking extremely bullish

>>21600869
Damn I'm hoping this investment pays off.

>>21601343
God speed

>>21601352
Indeed

HAHAHA WHAT WAS THAT

>>21601456
There is some really fucky shit going on with this market

Bugmen will dump again

>>21601352
bearish*

BNKR.CN/BHLL niggers

What's your favorite size for bullion, anons? 1oz, 2oz, 100g, 5oz, 10oz, 20oz, 1 kilo, 100oz?

>>21601456
>>21601536
I wonder how much that cost (((Them)))

>>21601629
10,000oz bars

>>21601704
They literally make up numbers and enter them in the system. It doesn't cost them anything. This entire game is rigged

>>21601456
Someone left a buy order open overnight and didn't cancel.

>>21601536
Yeah, that's why we're all here

>>21601629
was 1 oz rounds, 10 oz bars are growing on me alot

>>21601704
It costs nothing as long as nobody wants their silver actually delivered.

>>21601237
I assumed that Morneau quit and she was swapped in so that Morneau could keep his reputation when the Canadian economy completely collapses in the next 6 months, while she "takes the fall" for it but is really given a free pass for being female and just a journalist.

>>21600338
You can get Asahi rounds on Ebay for $35 each and mixed dimes at 24x face on Ebay, which is usually on the more expensive side of things. If your coin shop is more expensive than the Buy It Now deals on Ebay, you may want to find a better place to shop.

>>21594310
Based and fuck traceable wealth pilled

>>21601536
Yeah the economy is in shambles and stocks keep going up, JP Morgan can still rig the derivative price of metals. One day the circus will end.

>>21601886
Retard. If they don't close their shorts for this expiration they will have to deliver. Closing shorts costs them money in this market

>>21594310

>>21601629
1oz coins are GOAT, although I want to have a health stack of 1/2oz as well.

>>21601961
Right, except the money is this market is nothing more than 1s and 0s. They type a few things on a screen and that's it.

>>21602026
Sure the contracts they put into the market are not backed by any real PMs and are nothing more than 1s and 0s. But the 1s and 0s that represent the money lost from closing those contracts or making deliveries on the ones they dont close they have to make back; not just enter back into a computer

>>21601890
the Canadian liberal party must be in a bad spot if the pundents this morning on CBC were calling out their bullshit. I am actually amazed at how CBC has suddenly started talking nice about the future conservative leader, who ever that may be.

>>21601886
I guess they end up having to pay cash value if they ever get called... right?

I wonder if they have done some math and figured out liability they are racking up versus whatever end they are trying to achieve here. Another thing to consider too is they get to go play with that cash in the stonk market while you are holding paper silver.

Why are they trying to so hard to keep the price down? Is it so they can acquire?

Only recently started buying silver (spot price was $22) with my brother. He seems to like buying coins where I’ve put more money on 10oz bars. Long term would it be better to buy larger amounts or smaller denominations?

Pic is of my stack so far

>>21602169
Close shorts, swap to longs, and possibly tame the market so they can use it as a printing press again

>>21593386
>>The U. S. economy has implemented a state-backed crypto, and gone to negative interest-rates
>>>The real economy is now in a third-world state
>>>Authoritarianism has overwhelmed the world
>>>You can only leave your house for basic necessities, and you
enjoy the deflationary spiral that is coming while holding your shitty stones fucking retards ' b-b-b-b-b ut moneyprinter go brrrr' ? yeah and? there is no inflation fuckbois, deflation incoming. stop listening to absolute simps like Schiff. you are in too early fucking spastik simps holy shit

>>21602144
I missed that. That would really be a change of pace from the last 10 years. Truly a sign of the end times?

>>21593386
These dumb bats are up like 85% of what I payed for them lol

>>21602269
>no inflation coming
>ubi on the way

Consider suicide

>>21598006
this is probalby their gambit. hoover up the last remaining gold they havent hoarded and use it to fuel their spaceships back to jewpiter.

They can tax this dick im turning my gold into bullets if the window is like that.

good thing you didnt get trips

>>21602269
Proofs?

>>21594206
In the last bull market for gold (08-11) we went from $600 to $1900. A 3x.
This "bull market" has been from $1,200 to $2,000. Not even a 2x.
We are going to go to at least $2,500 before we we enter the bear market. And if they make stimulus checks permanent which IMO they will, gold will just be one of those things that always goes up the same way the S&P does.

inb4 gooks poomp to fuck jp morgan up

>>21602301
do i see best girl rem!?

>>21602178
I love me some 10oz bars, anon. I've diversified into ~80ozt of junk silver, ~40 1oz bars, ~80 1oz coins, ~10 50oz bars, and the like. 50 and 100 gram bars are also a lot of fun

>>21602358
Best girl is Nano, anon. The two whores are just memes I picked up for cheap on a whim.

>>21602269
>there is no inflation

Imagine being stupid enough to believe that simply redefining inflation to leave out real estate, food, and other consumer goods magically makes it go away.

>>21602218
>Close shorts
I'm kind of a investor so tell me if I got this right.

>JP sold a bunch of paper silver to people, with the plan that the paper silver would cost more than the physical
>Now that those shorts are becoming due, JP has to cough up the physical
>They want the physical to be as cheap as possible.

>>21602293
CBC was decrying Trudeau for stopping parliament til the fall. They also were discussing the Governor Generals piss poor behavior! I was amazed, did the CBC staffers all get shot last night and replaced with Con personnel??

>>21599257
every fucking thread you do this to me
i get a nice stiffy looking at all this gold and silver and then you post this creatura .. lets have 1 thread without this rancid swine

>>21599257
You would think this bimbo would be having her body waxed every week, she certainly has the money to do so.

>>21602144
I can only hope it is the beginning of them begging to not be defunded.

>>21602449
Ehh kinda. It more goes something like this:
>JPM has used the silver market as a way to print money by manipulation using shorts to crash. They have historically held a large net short position on silver since 2009 or so.
>Now that we're in a bull market they can't close their shorts fast enough to avoid delivery on futures expiration.
For some reason they are still shorting the market even though it seems to be a zero sum game for them. Either they are trying to close their past shorts and switch to longs, or tame the market so they can keep printing.
Or possibly something more nefarious like the government doing this to avoid meltdown of the USD and using JPM as a scapegoat

>>21598215
Yeah it's just a giant silver quarter.

>>21602636
>the government
>JPM
=

>>21602178
>Long term would it be better to buy larger amounts or smaller denominations?
Usually larger orders warrant smaller premiums/free shipping/ability to avoid tax. At the end of the day, just look up how much you're spending divided by the cost and compare it to spot. If you can find a small time purchase for $.10 over spot, go for it.

>>21602124
The money lost is ones and zeros... The entire scam of the money system is some dude changing a value in an excel sheet

>>21602811
(((Them)))

>>21597428

>>21602811
Cheapies

>>21602838
If that were really true then they would just print themselves money and not give a shit about banking. Of that were really true those 1s and 0s wouldn't mean anything to you, but they do. Which is why you're here on biz

>>21602494
Maybe they anticipate a Con gov coming and are firing up the ass-licker, but what do I know.