/biz/ - Business & Finance

More price dipping tomorrow?

>>22868814
You dont put the fucking edition in the thread subject

/pmg/ - Precious Metals General

Thats the subject nigger. Then in the body of the you put edition and the rest of the info

Good job linking the previous thread too retard

>>22868884
Just going based off the last one fren. No need to be hostile.

Previous thread.
>>22850784
>>22850784

Would you ever take out a loan to buy pms if it bottoms to around 1700/20?

>>22868814
freshly completed box set of the 2oz QBs

>>22867547
i bought them over the last ~6 months, premiums have exploded since the set has completed

>Why yes, I don't give a shit about a previous thread and could easily search the archives if I so felt
>How could ya tell?
>Also, where's your board bro? We're meetin' the gals at the boardwalk

>>22868937
I'm not retarded so I pay for my leverage upfront with options

>>22868857

Aurcana is up only because it was in the gutter before. They diluted their shareholders for years and never communicated with them. Most hated stock on ceo for years. Look at the chart since 2016, it's literally nothing but downhill. Then compare it to Dolly Varden or Impact with their peaks and troughs and you'll understand the difference.

for anons shilling impact silver, where you finding that its the mine that gets the most of its $ from silver in the world from? their investor pack doesnt seem to have that

Bought a 5 gram swiss gold bar for $335 today. Shoulda just picked up a 1/4oz coin in retrospect but they didn't have any 1/10oz coins which is what i wanted and i didn't want to spend the time to go grab more cash

>>22869092

"IMPACT Silver Corp. ("IMPACT" or the "Company") is pleased to announce it has entered into a concentrate sales contract with Samsung C&T Corp. ("Samsung") for off take from the Royal Mines of Zacualpan production in Mexico.

The first shipment of concentrate will start in March 2019, with a fixed schedule every two weeks for 12 months, shipping through the port of Manzanillo, Mexico. Based on current production of 400 tonnes per day, 2019-2020 sales of silver lead-zinc concentrate should top 800,000 ounces silver with revenues over 95% attributable to pure silver (no equivalents)."

https://markets.businessinsider.com/news/stocks/impact-silver-announces-concentrate-sales-partnership-with-samsung-c-t-corp-1028049848

>>22869092
>>22869155

Compare 95% with:

https://www.moneymetals.com/news/2019/08/12/is-silver-stock-a-good-investment-001840

Pan American, 33%
Endeavour Silver 60%
First Majestic, 62%

No other producer comes close.

>>22854901
Anon who replied to and with merc coins...
The Scottsdale 5oz buttons are really only worth the purchase on a silver low or if you buy at some kind of discount. I'm noticing a lot of silver buyers outside of this. Pmg community either have a small group of deep pocket buyers ordering large quantities or simply consider Scottsdale single ounce coins really worth the investment. I do not think the general silver buyer purchasers scottsdake 5oz or 10oz metal due to the premiums.

20oz or even the 100oz seem popular among the general buyer and as stated the single ouncws, which im not a fan of at all. Single ounce Scottsdale suffer from a lack of design. Merury dimes are simple trade and payment to reserve your. 999 silver supply.

Are there are any good Australian junior miners? Pacifico Minerals?

>>22869092

Jerry Huang talks about it here, and Fred mentions it in all his interviews.

https://youtu.be/OGkEPb3u-ik?t=465

https://www.youtube.com/watch?v=RSt-S27iNCA

>>22869155
ok so 400 TPD... the reason you dont see mines like FM even mentioning them, is because that is so little throughput that impact isnt in the same category for comparison. Just two of FM's mines are 3k TPD each.


So its a big stretch to call out keith for lying when its not even the same ballpark, usually when people are shilling one stock and being hostile to another, it makes me question their intentions.

Another thing to note is that impact is selling concentrate, where as FM sells refined bars, and can do so at retail, which significantly increases the control they have over sales as well as margins.

Not saying impact isnt good, but from their own website " but the resource is reported at a cutoff of US$30/t lying within a pit optimized using $31/oz Ag, $1.51/lb Zn, and $1.69/lb Pb. MDA considers a US$30/t cutoff to be appropriate for production using IMPACT's 200t/d mill and recoveries around 80%, 50%, and 65% for silver, zinc and lead, respectively."

This does not seem like a rich grade to me... seems very expensive per TOz. They also only list yearly silver production up to 2015, and its under a million Oz, not sure why they are not listing the last 4 years.

>>22869315
You shee Mr. Powersh...

>>22869155
and that is 95% on ONE 400 TPD project, not their entire company, which has other projects.

>>22869247
>I do not think the general silver buyer purchasers scottsdake 5oz or 10oz metal due to the premiums.
Scottsdale stackers have a decent premium. I'll shell 10 bucks for the stacker over a generic secondary

>>22869423

They have 8 million in cash, no debt, and the property is something like 600 square km. Zacualpan is estimated to have produced a million ounces a year since 1524. It's the 2nd-oldest silver district in Mexico. Whatever the details may be right now, I'm not worried about the future of the company's production in a silver bull market. There are 400 former operating mines there. They haven't even scratched the surface of its potential. As silver goes up in price, grade is going to become less and less meaningful. All that matters is the ounces in the ground, and we don't need drilling to know that Zacualpan is full of them.

>>22869416
I am very sure that impacts own investor relations guy is going to say his own company will be the best... thats a given.

but again, that 95% # is from one 400TPD project, not from their entire revenue.

So what are we thinking bros, we moon, crab, or crap this week.

One roll everybody knows the rules

>>22869423

> They also only list yearly silver production up to 2015, and its under a million Oz, not sure why they are not listing the last 4 years.

$IPT: Annual Performance: 2016
Purety of Silver production: 89%
Silver production: 1 million AgEq ounces
Revenue: 16.7 million
Net Earnings: -1.9 million
Cash: 8.2 million
Working Capital: 10.4 million
Market cap: $27.8 million USD

http://www.impactsilver.com/i/pdf/2017-Aug-IPT-Q2.pdf

$FR: Annual Performance: 2016
Purety of Silver production: 67%
Silver production: 18.7 million AgEq ounces
Revenue: 278 million
Net Earnings: 8.6 million
Cash: 129 million
Working Capital: 130 million
Market cap: $1.16 Billlion USD

https://www.firstmajestic.com/_resources/assets/docs/fm_corporate_presentation.pdf

Just bought pic related. Always collected the drummer boy quarters. Found out the mint actually started redoing silver proof coins with this particular set. Just had to have them. Now, I've had conflicting sources saying their 40% silver or just silver clad, but it's nice to have my favorite quarter with SOME proper currency within it. Gonna carry one in my wallet as a lucky coin. Got 'em for 8.50 and shipping brought it up to 12.40. Any numismatists here to say if I did well or not?

>>22869721
Crab up

>>22869721
It goes back to 26.50 for a while before a dip to 25 then by Octobers end it breaks 30 and goes to 34 before the new floor is settled at 30.

>>22869587
sure but you are comparing a company that is making millions of silver oz for 8$ an oz, that just installed new mills that will increase % of silver recovered, which is already ~90% ... just the swap from diesel fuel to nat gas is going to save FM 8 million.

vs a company that is making hundreds of thousands of oz for 30/oz, and their investor package is showing 60% recovery rates on silver, and has 8 mill in cash.

maybe they will ramp up production, and maybe they will get some better/cheaper to produce grades, but its a very small scale operation compared to FM.

So again, calling out FM as a liar for not even mentioning a mine that isnt in the same league is a huge stretch at best, and malicious at worst.

>>22869499
>I'll shell 10 bucks for the stacker over a generic secondary
Not wrong. It can get higher than that occasionally. You're clearly keeping do diligence. Vuttons tend to be hard to stack altogether without individual round containers. You can get creative in how to store them though too.

>>22869762
>>22869721
We still got the election, vaccine news, and all the debates. Huge volatility inc. We can buy all of those dips until they crash the currency for FEDNOW.

>>22869324
Hot chili

>>22869751

Q2 earnings of 2020 give the 90% figure:

"IMPACT is considered one of the purest silver producers in Mexico. IMPACT’s primary production metal is silver with approximately 90% of its revenues currently generated by silver. Since 2006, the Company has carried out programs of exploration, development and mine production in both districts, bringing eight sites from exploration drilling to development and mining. IMPACT has produced over 10 million ounces of silver since 2006 and generated over $198 million in revenues. As a result, a significant portion of over $80 million in capital expenditures and exploration on the properties was funded by operations and the company still has no long-term debt."

https://www.sedar.com/CheckCode.do;jsessionid=0000XDbZUz8MCt63GbjgX2yHYbY:1884ter20

>>22869791

Whenever Rob Kientz talks about purity of silver miners, he's always careful to say that First Majestic is the purest producer "except for Impact Silver." I rarely hear people talk about FR as the purest silver producer without any qualification. It's only valid to say it's the purest major silver producer. Keith was wrong to say that FR is the "purest silver company," which is what he said in that interview. That's simply a fact.

>>22869851
Speaking of election anyone else put bets on coal mines in light of trump victory?

Stop going up! Crash to march lows or below dammit! Rolling

>>22869898
No, going into uranium, and silver mining since 4th quarter report will shock people.

>>22868247
Damn anon you came up on that lucky condor

>>22868814
What are you guys thinking the move is tomorrow morning?

>>22869751
hmm ok i see why they are not using more recent results, seems like they have seen a steady decrease in production as of late.

NY Globex is already open and trading silver, it's up more than 0.5% already. We'll see where it goes overnight. I'm still betting on another 20% or so correction over the next month. Prices have to go a bit lower to trigger my limit orders, I don't want to cancel them and FOMO in yet.

>>22869791

By the way, Keith is marketing his company to naive retail investors here. When he tells us that FR is "the purest silver company," that's going to make us think that, if you buy FR, you get the greatest leverage to silver. Not the case. FR is down 1% since February, hasn't even reacted to the silver price. Impact is up 125%. One of the main reasons for that is obviously the purity of its product. You say that FR is producing more silver and has more cash. Yes, but its market cap is also proportionately bigger, and all of that is already priced in. Keith should have qualified his words by telling people that his company is a major, and given a nod to his competitors. I'd have had a lot more respect for him if he had.

Timestamp 1:30, "We are the purest silver company in the world." https://www.youtube.com/watch?v=CnsLCto5wA8 That's simply a falsehood, you can't get out of it by saying that Impact is a smaller company.

>>22869247
>100z scottsdale
Beautiful bar

>>22869895
right, to say something like "keith forgot to mention this small scale miner" is fine, to outright call him a liar over it is malicious. Most of the times i see him talk about that chart he does in fact mention mid cap miners as a qualifier.

I mean i am sure there is some even smaller scale miner no one has heard about that gets 100% of their revenue from one silver bar they found on the ground... but really who cares?

Impact is still losing money while FM is making it. Impact is still paying more per troy oz to get it out of the ground, while producing less oz then FM. It is also set up to cost more for impact then aurcana, and again, less scalability.

>>22870160

Q2 2020 was extremely impressive for Impact, given their difficulties. Can't imagine how good Q3 is going to be.

https://ceo.ca/@newsfile/impact-silver-announces-q2-financial-production-results

"The Company reported $2.84 million in revenue for the first quarter of 2020 compared to Q2 2019 at $2.76 million with improved grades and higher silver prices realized during the quarter. This is impressive considering half the quarter was formally shut down due to the official Mexican decree to suspend operation to limit potential spread of COVID-19 pandemic.

Despite losing nearly half the quarter (April to June) due to mandatory shutdown, high grade, a sharp rally in silver prices, and an ability to sell some stockpile allowed IMPACT to mitigate a large drop in revenue. In fact, the Company actually turned operation profit and positive EBITDA for the sixth quarter since January 2019. With silver reaching higher prices in Q3 2020 and beyond, IMPACT's profitability as pure silver producer will only be further magnified."

>>22870180
So you're saying their upsides are "already baked in" but what about the dump to sub 10 dollars a share from 12. Sprott got in at even higher. Isn't this a huge buy indicator for you?

>>22870180
all that tells me is that impact already climbed a lot on "potential" promises, and hype... They are still losing money despite higher revenues, while FM is still making it. I know its a clown market and hype alone could moon any miner, but if impact moons, it wont be because they produced millions of OZ for cheap if their future performance is anything like their past performance. They have been producing at a loss for some time now.

Aurcana, which you have been also been unfairly negative about, is also hovering around the 1$ mark just on anticipation of them becoming a producer again, a large and profitable one. I can certainly see that going higher once they start producing and making money.

Why are you so excited over

>>22870560
sorry should read "i still dont see what you are so excite over impact for"

>>22870241

"Love Keith Neumeyer but he didn't tell the truth to Marcus yesterday when he called First Majestic the world's purest silver producer. It's only 65% for silver production. Only time I've ever heard him lie."

Saying that you "love somebody" but that they "didn't tell the truth about something" and that it's "the only time you've ever heard them lie" isn't malicious, it's simply stating a fact. I like it when mining CEOs give a nod to their competitors and are as honest and transparent as possible, especially when they are talking to a naive audience like Chris Marcus's. The only reason why the omission stood out to me is because Keith Neumeyer is such an honest and principled person.

>>22870241

Primary silver producers are extremely rare, Impact is one of them. Impact matters. And what is more, if you invest in Impact, you get higher leverage to the silver price, precisely because of the purity of the silver revenue. Roughly speaking, at 95% pure silver revenue, 20 million per annum (2016 revenue) becomes 40 million at $40 silver, 100 million at $100 silver, and three hundred million (more than what First Majestic took in revenue) at $300 silver, with a corresponding increase in the share price. IPT market cap is roughly 100 million now, so if IPT became as big as First Majestic, that would be a 25x return. First Majestic would have to get a 750 billion market cap to give you a 25x return. If Keith's point is that "Purity gives you higher leverage to the silver price," therefore his company is the best, then he shouldn't unambiguously claim that "his company" is "the purest" without qualifying it as a mid-tier or a major.

>>22870241

"Love Keith Neumeyer but he didn't tell the truth to Marcus yesterday when he called First Majestic the world's purest silver producer. It's only 65% for silver production. Only time I've ever heard him lie."

Saying that you "love somebody" but that they "didn't tell the truth about something" and that it's "the only time you've ever heard them lie" isn't malicious, it's simply stating a fact. I like it when mining CEOs give a nod to their competitors and are as honest and transparent as possible, especially when they are talking to a naive audience like Chris Marcus's. The only reason why the omission stood out to me is because Keith Neumeyer is such an honest and principled person.

>>22870241

Primary silver producers are extremely rare, Impact is one of them. Impact matters. And what is more, if you invest in Impact, you get higher leverage to the silver price, precisely because of the purity of the silver revenue. Roughly speaking, at 95% pure silver revenue, 20 million per annum (2016 revenue) becomes 40 million at $40 silver, 100 million at $100 silver, and three hundred million (more than what First Majestic took in revenue) at $300 silver, with a corresponding increase in the share price. IPT market cap is roughly 100 million now, so if IPT became as big as First Majestic, that would be a 25x return. First Majestic would have to get a 75 billion market cap to give you a 25x return. If Keith's point is that "Purity gives you higher leverage to the silver price," therefore his company is the best, then he shouldn't unambiguously claim that "his company" is "the purest" without qualifying it as a mid-tier or a major.

>>22869791
based
fuck impactlets, i'm a Majesticbull now

>>22870225
Nice.
Good gols count to boot. I realize anons don't post all their stacking collection and rightfully so. However do you have a larger stack of single ounces? Its going to help with trade and fluctuations in the market by keeping singles on hand in reason & measurment of all other bar weights as well as gold count.

>>22870589

>sorry should read "i still dont see what you are so excite over impact for"

Size, scope, and history of the property in comparison with its small market cap. >>22869587 Management team that has been careful with money and preparing for a silver bull market since the company's inception.

>>22869963
Obviously but consider that coal is in a similar slump. Some of these companies won huge last trump victory you might be looking at a massive bump merely from the election result and not from nebulous claims on the fed and comex losing the confidence game- I plan to use my gains to buy more silver

>>22869721
Crab down, then start going up in mid-October.

>>22870560

>They are still losing money, while FM is still making it.

Impact is an ultra-optionality play, FM is a producer which already has an enormous market cap by comparison. You buy Impact if you are sure that silver is going a lot higher. If you don't understand why this is the case, read >>22870621. If you bought FM in Feb you lost, if you bought Impact you won, there's a good reason for that.

I never particularly wanted to get drawn into this discussion. First I commented on a video with Keith Neumeyer, next I answered somebody's question about Aurcana vs Impact. In this thread I'm simply answering your posts. That's it.

What I said about Aurcana is true. Somebody asked "Which is better, Aurcana or Impact" so I gave my honest opinion, which I'm at liberty to do. Go back and look at the chat on ceo to see how hated the company was before recently. The stock price did nothing but go down until May of this year because of constant dilution and poor decisions, and the management never answered people's concerns. I am invested in AUN only because of the high grades.

https://ceo.ca/aun

@Fanagalo They gave up 75% of the company for the Ouray project. The Aurcana shareholders of old got to keep 25%. 25 Jun 2019

@Tyken Oh... wait that sounds crazy.

@Tyken So aun mc was like 30 mc before the merger, and 120 mcad after the merger. Thus valuing Ouray at 90 mcad. Six months ago... now Ouray is valued at 22.5 mcad. Nice work..

@valcovest.com $aun I regret the day to have invested. Down 75%! Despite increasing silver prices. Useless management 25 Jun 2019

@stateside This management team is slow. No plans to do anything soon that I know of. #aun, 14 Sep 2019

@OroBlanco Would be helpful for management to report updates ; instead of keeping all in the dark. 26 Dec 2019

@Tyken Aun sucks, management sucks. Had to be said. 7 Jan 2020

@Silver2021 @stateside Same management? I think Sprott wants to stay clear of the management, if the same. 3 Feb 2020

>>22869757
Silver Clad is just another term refering to 40% Silver.

>>22870621
well lets come back in 6 months and see who did better i guess.

to be frank, your insistence that a small company which is currently losing money will outperform a mid sized one which is making money, based solely on the leverage to silver, makes me less likely to buy impact then before we chatted.

Impact at 30/oz to produce, even assuming they ramp up production to 1 mill oz a year, and silver goes to 100/oz, only makes 70 million bux, which also assumes you dont take the mark down from selling concentrate like they do.

FM at 8 per oz to produce, maintaining actual production of just under 14 million oz, with silver at 100/oz makes almost 1.3 billion bux...and its refined bars at the end which garner more $.


I wont break down aurcanas #'s because they havnt made production in a while, they are a purely speculative play, albeit one I think will pay off bigly.

Sincerely hope impact does well, but when you talk about dilution of aurcana, but not impact when impact doubled their shares in a few years recently, I am of the opinion its because you are selectively reading into them. I am confident they will see an increase during the bull run just as much as any other miner, but probably not as good as the ones I have chosen to invest in.

We will see though, best of luck

PS also aurcana has a bitching super hero

does impact have a super hero?

>>22870964

Aurcana didn't simply dilute. Read about what they did with respect to the Ouray project. >>22870918 Since 2016, IPT didn't give its share-holders the same precipitous nonstop fall that Aurcana did. If you bought the peak of Aurcana in 2016, you lost 95% of your money, and if you bought it at any time thereafter you lost money as well. Until May of this year, there wasn't a single moment when it was ever a good time to buy Aurcana. It has had an excellent run from the bottom, which is why I was telling people to buy it months ago, but if somebody is asking what they should buy right now, in the present time, I'm not going to tell them to buy Aurcana instead of Impact.

>>22870759
Cheers fren, yeah this does not include 150 gov coins just cause I haven't taken a full picture lately

>>22871111
checked

>>22870225
Scottsdale makes some pretty stuff. Too bad it takes forever to ship or I'd have more.

>>22871109
All this shit makes me just want to buy physical and leave miners alone completely

Hit me up with some fud and hopium, I want to really put my body through an emotional rollercoaster.

25% miners
75% physical

Got $7K to blow on whatever I want. I have
>130oz silver
>0 oz gold
Since prices have stabilized, eyeing:
2oz gold, 100oz silver
What would you do?

>>22870434
>>22871257

FR, AUN, and IPT are all going to do excellently. This discussion is simply noise. I got dragged into it inadvertently. Impact is my favourite, but choose any one of them, it really doesn't matter in the end.

>>22871292
+250oz silver

>>22871173
Nice stack, canadanon? Yeah it was at least six weeks wait for me so that kind of offsets the better price you get ordering straight from them

>>22871356
Due to gold/silver ratio?

>>22871354
Do you know anything about golden minerals?

>>22871111
nice
>>22871281
oh shit thats my ratio too... are you me?
>>22871257
miners are leveraging a play on the bull run, physical is safest anon, dont worry the other anon and I are just talking things out.

>>22871354
Yeah, I dont want to come off as antagonizing, I do expect all to do well, its a good thing I think to have these discussions. Right or wrong we both are justifying out positions and are forced to look into things we might otherwise not look at. Its good to debate and I thank you for being civil and providing evidence in your discussion.

I might end up throwing some $ impacts way if my other plays work out, ill likely be cashing out of other markets and going full retard on miners/physical soon.

So again, thank you for the discussion.

>>22871483

Thank you for the discussion also. Was interesting, and glad to know that there are no hard feelings.

>>22871451

Don Durrett just chose it as one of his top three favourites. Says it will go 10x. Near-term producer, relatively small market cap, both gold and silver potential. I'm not so fond of it, because they just did a lot of dilution, but I do own some shares, and it's on Robinhood, so makes it easy for everybody to buy.

"Golden Minerals is a multinational player, with gold-silver projects in Mexico, Argentina and the US. There are 3 core projects: Velardeña, El Quevar, and Rodeo. Velardeña is definitely the flagship but bringing the small (2-year life-of-mine) but economic Rodeo into production will give the company the cash it needs to develop Velardeña. Developing Rodeo has been a rather protracted process, with issues resolving metallurgy, but now it looks like Golden Minerals could be primed to pull the trigger. The cash flow doesn't end there; the company smartly opted to lease out an oxide mill at Velardeña for the last 4-years or so, and an earn-in agreement at El Quevar with Barrick Gold was signed in April; that one will be a little longer in the making."

https://youtu.be/SPZKYZbZ278

"Looks like they "may" be able to start Valerdina mine early next year and process the silver/lead from that mine using the 300T floatation mill while also shipping the Rodeo ore to the other oxide mill that Hecla currently uses. The Valerdina complex gold which was the problem and reason for shutting down the mine would be stockpiled until the bioxide plant can be properly engineered and built. This would mean the 2 mills would probably be at full capacity. Big re-rating coming soon if approved by the board imo. See 1:53 https://www.youtube.com/watch?v=Swc9Z6PIeWM Very highgrade silver resource there..."

>>22871292

>>22871281

>>22871618
This seems like a lot for 2oz.

MY PAPERWEIGHTS ARE LITERALLY ABSOLUTELY TOTALLY FUCKING WORTHLESS!!!!!!!!!!

Anyone own pre-1933 US gold coins? I'm thinking of pulling the trigger on this one for $250. No idea if that's a decent deal. Anyone have experience with these?

>>22871885
>pulling the trigger on gold coins without doing your own due diligence
BUY IT NOW FAGGOT

>>22871885
Oh I missed an important detail you fucking TOooL.
Find it on numista to find out details and try to stop being such a fucking TOooL

>>22871395
Nah not a leaf, just a sucker for .9999

>>22871968
Cheers ******M8

>>22871597
Okay thanks for the info

>>22870899
Checked

>>22871885
Imagine getting that ID, yikes
Why do you want pre 1933 gold?

BUY NAZI GOLD

slipping back into $22 territory

>>22871885
That's just a dumb circulated $1 gold coin, unless it's a rare date/mint it's not worth close to 250.

>>22872610
HOW???!

>>22872771
Buy a metal detector, go to Europe and search places where you suspect they might have buried it.

>>22871597
Are there any Australian and European junior silver miners you like?

>>22872771
according to /pol/ all Gold is Nazi gold

It sure is a good thing this isn't pol then. Away with you!

>>22873182
nein

>>22873198
Hitler was a member of the same global cabal that killed him and he died perplexed at the gross betrayal of those who he sought to restructure the world with

>>22871292
>2oz gold, 100oz silver
actually sound investment, always diversify. Gold is good especially due to its higher liquidity and lower volatility when in comparison to silver. I don't have the capital to buy gold myself but when the G/S ratio gets narrower I will sell some of my 100oz silver stack for gold

>>22873225
The Jewish Superorganism is the most powerful apex predator known to Man.

>>22873245
Don’t feed the JIDF

>>22873266
It’s True.

the future they took from us

>>22873281
Yes it’s true but they deliberately make inflammatory posts to get you to respond and thus derail the thread

>>22873324
I don't glorify him. I don't care for stormweenies. But yes, him and every other global leader at the time sought to rework the world at the behest of whatever foul masters they swore allegiance to. Roosevelt deserves as much a spot in hell as ol' mini stache. They all sought to remove PMs from the people. They all are the enemy of free men.

>>22873430
>They all sought to remove PMs from the people
Lol Hitler only took gold from the kikes, spotted the jew

>>22868927
newfags just need to LURK MOAR. Let thr vets handle it.

https://www.zerohedge.com/markets/former-deutsche-bank-traders-convicted-fraud-spoofing-precious-metals-between-2008-and-2013

>>Former Deutsche Bank AG traders Cedric Chanu and James Vorley were convicted for manipulating gold and silver prices on Friday after three days of deliberation by a Federal jury in Chicago.

>>The two were accused of making fake trade orders between 2008 and 2013 to influence the prices of precious metals. Their trial was a week long and was the first of its kind since 2010, according to Bloomberg.

>>22873722
>between 2008 and 2013
Wait, are they accusing them of them of pumping the metals? This was during the PM bullrun, right?

>>22873722
Are these convictions going to become more common now? First the $1bil fine for JPM and now this.

>>22873854
>what is spoofing

>>22873722
I read another article about this news and one of the incriminated trader's defense was hilarious
>"spoofing was so common i thought it was legal, literally every colleague was doing it!"

>>22872610
They didn't make any because they were a bunch of soisucking nancyboys

>>22874081
>“If you fake a pass and run the ball, that’s competition, not fraud,” Vorley's lawyer said.
I found this one funny as well. Lawyer clearly saying it was done intentionaly, not even trying to argue that the marlet is moving fast and it's normal to sometime change your orders. They also have the following message between the 2 convicteds
>Vorley even writing in a message to Chanu at one point: “This spoofing is annoying me. It’s illegal for a start.”

>>22868884
Jesus Christ, how hard was your shit you squeezed out of your anus this Morning?

>>22873891
I'm an idiot, sorry.
Also
>DXY goes down
>PM's go down
Neat, didn't know the currency was backed again.
Guess 20 or 19 silver it is this week. Probably be Wednesday or Thursday. Any planned purchases, anons?

>>22874702
ASE's are down to $4 premium now, I'm tempted to get a couple tubes now, definetely would if the premium held at $20.

>>22874757
>ASE's are down to $4 premium now
Only on monument metals due to a sale. JM bullion is at 6.

>>22874702
Added pic related this weekend, gift from the wife. Good thing she doesn't know I lost 15k on my miners last week. If it goes down to 19-20 I'll probably buy a tube of maples

>>22874832
Can't say I ever saw that before. Where did you get it anon?

>>22874884
the sphere?
got it here:
https://www.youtube.com/watch?v=4TY5IvcdjRA

also, the guy chewing his cud is a douche

>>22869898
Even Soros invested in coal mines going into 2016, I can't see why it would be a bad idea this time around.

https://www.foxnews.com/us/billionaire-george-soros-warms-up-to-coal-as-stock-prices-hit-bottom

>>22874977
Cool read, thanks for linking

>>22874977
i hate this kike more than anyone but you really have to be in awe of how little he gives a fuck about anyone other than himself and his agenda. he just does whatever he wants and no one dares to touch him.

>>22870899
checked and correct.

Is silver jewellery a good investment?

>>22871111
Nice.
I entered into silver through collecting junk silver, but I fell behind on it in comparison of what I currently own. I would increase your single .999 ounce of sipver though still anon.

>>22875351
Not really, you don't get very much silver for your money.

>>22875469
Not him, but my goal is to get 100oz in fine silver rounds, and then the rest in either fine bars or junk silver. Figure 100 1-oz rounds will be plenty with trading between silver hoarders, and the junk can be done on daily stuff. BIG BOY bars for actual stacking though.

>>22875515
On the future will entail a huge amount of people not owning silver as you're indicating. Even silver needs ratios among its self if you ask me. In all honestly big bars of 100oz and others will be either for industrial use or used for a new currency. 100oz bars are something to save up for, but single ounces help other anons who are on paced budgets. Buy some now...in 2 weeks...in a month...in two months...you get my point. Pure silver will pull its weight in a colapse, but we know fractional silver will too, but in higher quantity while keeping your fine silver in reserve.

Spain was held in the hands of farming families and nobility, which often were one in the same. Stacker anons may see themselves as private bankers having to hold responsibility of geographic areas assets, but this will also mean many will come after anons. There has to be a centeral reason to unite...and let it be Christ the King which all is rightfully due to Him and the Church, his mystic bride.

House approved a bunch of new bullion related stuff for 2021 and beyond
https://www.coinworld.com/news/us-coins/house-passes-massive-bill-for-future-u-s-coin-changes

tl;dr

>circulation quarters for 2022 to 2025 will honor women
>from 2027 to 2030 it will honor youth sports
>half dollars will be redesigned from 2027 to 2030 celebrating disabled sports
>medals for 2028 LA Olympics will honor disabled people
>5 oz silver quarters from 2022 to 2030 will also honor women and disabled people

Just needs to pass the Senate and then signed by Trump.

>>22875351
The premiums make it terrible, the best I've been able to do on jewelry is $10 for a quarter ounce and that was with an Ebay Coupon.

>>22858969
You need to watch The Weekend Prospector anon, particularly the first two series, the host is a classic Aussie bogan and he's a fit.

>>22875820
yeah linked that video earlier which talked about this...

Gonna be some heavy contenders for worst coin design over the next decade.

>>22875820
Why are we commemorating people who can't do things? My heroes are all capable and inspiring. What's cool about being a crippled retard, or worse, a crippled retard with a vagina. It's like making a a poop flavored ice cream cone. Who the fuck wanted this?

>>22875880
I wouldn't be surprised if a lot of the designs are never minted due to inflation.

>>22875820
>due to a coinage delay of covid-19 we have to delay these new designs
>its just for a little while until things are sorted out
>2020 election
>trump wins
>we are not going to approve these designs
>we can do better and you know? We're going to have an all American woman - I absolutely love this woman - desgin these new coins
>Christian minority republican man who loves America and wholseome tradtion
>coin faces all changed or kept the same

>due to a coinage shortage from covid-19 we have to delay these new designs
>its just for a little while until things are sorted out
>2020 election
>trump wins
>we are not going to approve these designs
>we can do better and you know? We're going to have an all American woman - I absolutely love this woman - desgin these new coins
>Christian minority republican woman who loves America and wholseome tradtion
>coin faces all changed or kept the same

>>22875820
He already turned down the Tubman designs, I doubt he'd sign off on disabled woman quarters.

>>22874814
>wife
kudos on finding a mate that understands your... needs

>>22875974
And this is the kind of shit the left would complain about
>What a sexist pig
>What a bigot
Would be all over the news and fagbook and cucknada would have to put disabled dumb ethnically diverse broads on their quarters and loonies to make up for murrican short sighted behavior

>>22875742
Already on board with you anon.
>spanish descent (conquistadors)
>catholic
>running a ranch
>family is consolidating our resources to act as a larger entity.

God willing, we will make it through as beacons in this lost world.

>>22875824
another good cheezy /PMG/ movie I would recommend is Charlton Heston's "Motherlode". The crazy miner in that movie reminds me so much of "Trapper Dave", the old Master I apprenticed under to learn prospecting.
The only thing I dont like about Motherlode was that they mispronounce the name of the Stikine River, fished and mined there many times and it bugs me the way they say it.

I've bought 2g gold bar, bros. I know it's not much, but I'm happy and grateful for it. It also coming through mail my 1oz silver bar. I'm feeling golden already.

>>22876040
>God willing, we will make it through as beacons in this lost world.
Ave Maria.
Let the light if the world shine bright from us His slaves and unless vessels of His grace for the Church, salvation of souls, and the sake of his love.

Viva Cristo Rey.
May the Lord bless you and protect your soul with His will to guide your bow, forget your sword, and raise your shield in true dogma of faith.

Don't forget your latin rite bees wax candles. Ensure they're blessed and on hand. Rosary, bible, and holy water.

>>22876174
This doesn't look like gold...

>>22876174
something seems off about that bar bud, where did you get it? Could just be the lighting though.

>>22876198
Why? I bought it in a reputable exchange house.

>>22876204
Yeah, maybe it's my camera. I've bought in a exchange house, no way in hell they're open for business for years scamming people like that lmao.

>>22876174
Congrats. Take a different picture, lighting might be making it look funny

>>22876255
Don't know what's happening, can't take a good photo of this, lmao.

>>22876330
That looks better. Seems like gold to me in that pic. If you're ever really worried you can visit a coin or bullion dealer and they'll verify it for free

>>22875885
Hard-work can still be inspiring. And I suppose if you're a crippled child, seeing someone else crippled achieve their dreams would be inspiring.

>>22876365
I ain't worried, but thanks for the tip. Do you guys by any chance also buy/use gold or silver jewelry? It feels so good to wear a silver ring.

>>22875824
>>22876086
Kelly‘s Heroes

>>22876464
ah yea I havent watched that in years

Why are all these brainlets saying we're going to experience deflation instead of inflation now?

>>22876425
You posted this exact same photo before anon as you mentioned yiu were in an almost third world country or rather a country with terrible shipping rates.

This makes me wonder exactly who gave you that gold...
Its looking better in your second photo with the lighting but its shape is a bit weird as if the smelting process happened over 30 years ago.

Do yourself a favor and go get it checked out by a local shop unless you're afraid they're going to target you.

I have bought siover jewelry in the past, but realized its all vanity & even sinful for a man to wear anything outside of religious jewelry garments. Buying "junk" silver means buying sterling silver for pennies on the dollar. Its not really worth the investment. A few anons wait for a market high to trade in their silverware or wait until they have a large enough quantity in order to have a foundry smelt and send them the raw silver back via mail. I've always preffered the idea of getting the cheap silver forged and sent back to you, vut ive never done this myself.

>>22869066
Shut up fudding retard. Wait until their new mine starts production in a few months.

>>22876464
That's a childhood classic of mine. Brilliant. https://www.youtube.com/watch?v=Et1SkVldiHI
this scene always sends tingles down my spine.

>>22871109
Do you think Aurcana is going to go up in the next few months though?

>>22871885
I’d be skeptical of this one. Looks like it’s trying to be an old Liberty head quarter/half eagle. The big red flag for me is no date of mintage below the head. Always always ALWAYS do your best to verify before you buy! If you can’t, then assume its fake unless verified either by yourself via a Sigma Metalytics scale or by a legit agency (NGC/PCGS come to mind)

t. Numismatist who happens to own a tube full of 53 indian head quarter eagles

>>22875824
Blood dimond.
City Slikers 1 & 2

>>22876597
imo, we're seeing inflation in the stock market because the Fed is financing ~0% interest corporate bonds, and that money is pretty much all going into share buybacks. We're seeing deflation in some areas of consumer good because people are saving more and companies are cutting prices and trying to clear stock (particularly homewares, technology etc).
Inflation hasn't really happened because no one is borrowing and most banks are tightening their lending standards. If people start spending and borrowing for the purpose of spending instead of saving, that's when inflation really kicks in, but that hasn't really happened yet, and due to the uncertainty of the election year, we probably won't get a clear picture til after November.

>>22876646
Yeah, had a bad feeling about it, decided not to buy. I want a pre-33 gold coin just to have because of the gold, history and the numismatic value

>>22876725
What happens if the rest of the world dumps American treasuries like Schiff said would happen?

this is my first purchase, howd i do for 350? did some reserch they seem to be rare bars.

>>22876823
also copped this for tree hunnit

>>22876823
Nice hefty bars. Was that $350 USD or CAD? Because 10z of silver runs about $350CAD but if you paid $350USD you overpaid

>>22876823
I like it, in the US bars are cheaper than coins right? Here in Europe it is the other way around due to taxes

>>22876788
Just like what the Bible says about the apocalypse, no man will be able to predict the happening.

The collapse will be sudden, swift and devastating. The collapse will also happen due to reasons very few people will know beforehand. Just hold what you have and be patient. There is no point in making predictions.

>>22876894
havent looked into coins, i just wanted silver to compliment my stonks

>>22876788
China from what I've seen is dumping a lot of US treasuries and buying commodities like crazy (hence the increasing prices of lumber, nickel, copper, iron ore etc), because ultimately that's the purpose of holding USD, to buy things that others expect USD for.

Most countries with USD reserves aren't dumping yet because ultimately (at least for now) the USD remains the global reserve currency, and nothing else provides a better future option. Let's look at global markets. The Euro is too unstable and only persists thanks to the German economy, which is half-likely to price itself out as it shuts down nuclear reactors. The GBP looks weak with the UK heading into lockdowns for winter, the yuan may be popular for BRICS bit it will never be a reserve because ultimately no one trusts the CCP, and largely the same deal with the ruble. The Yen is stable but the Japanese economy is dead and has been for decades. The AUD is too reliant on mineral exports and a rotten banking system.

So in other words, the USD won't die until a better prospect appears, and also because the US has a habit of destroying countries with any interest in establishing sound monetary systems (look into why the US destroyed Libya and murdered Gaddafi, a little something to do with the establishment of a unified African currency on the gold standard)

>>22876823
very nice little ingot mate

>>22876982
Why doesn't the rest of the world dump the us dollar and go bank on a gold standard?

>>22877024
It is very possible that European banks have been preparing to do just that anon: https://www.zerohedge.com/markets/europe-has-been-preparing-global-gold-standard-1970s
However, they have to be careful not to upset the US in doing so, because ultimately the USD is global reserve because oil must be paid for in USD. It's called the petrodollar for a reason, and the American government have intervened constantly in Africa and the Middle-East to protect this.

As I said before, do some research into Gaddafi's proposed unified African/Middle-Eastern lira on a gold standard. It would have destroyed the USD, because who wants paper that can be inflated or devalued when you can have gold? If the UAE or Saudi Arabia decided they wanted to be paid in gold lira, the USD would be dead.

GOLD $1800???

WTF WAS THAT

I AM FINACIALLY RUINED

New
new
NEW
N e w
2021
n e w
Shiny

>>22876646
>t. Numismatist
>doesn't recognize a Type I Dollar
not much of a numismatist, are ya?

Where do you guys see Aurcana in the next 6 months?

>>22878164
>Where do you guys see Aurcana in the next 6 months?
bankrupt if Biden wins
booming if Trump wins

>>22878205
What makes you think Biden's handlers aren't going to be pushing Powell just as hard as Trump is? They're all in together on the house of cards.

>>22878205
The other way around

Silver is financially ruining me. I trusted you PMG bros like I trusted the tankers bros and now I'm down over 30%.

>>22878249
>>22878263
Democrats destroy mining with environmental regulations

Aurcana is trying to bring a primary arsenic mine into production in the watershed that provides drinking water for one of the wealthier and more popular towns in a wealthy and popular state.

Biden will kill the project. The only reason it's moving forward right now is because the GOP favors domestic industry and doesn't give a fuck about the environment.

>>22878293
Hmm. Good point.
I don't know if Biden's new regulations would destroy the project but okay

I was thinking more that Biden would print more money

What went wrong

>>22878318
Democrats have shut down mines all over the country via the EPA. Trump essentially defunded the EPA. So lots of mining projects are going on right now that the Democrats would presumably kill.

>>22878318
>I don't know if Biden's new regulations would destroy the project but okay
I wasn't clear. They're not new regulations

the regulations that will stop the project already exist. They're just not being enforced. Dems will enforce them, republicans won't.

>>22878266
You should have bought PHYSICAL
1 oz = 1 oz
>mfw my stack is still there

>>22878266
Unless your silver has been dissolving or vanishing into thin air. You're not down anything. You still own silver!

New stimulus talks starting, elections coming up, and parts of Europe is having a second lockdown.

I'm not too worried about my PMs, frens.

>bought gold yesterday
>should have waited
JUST

what are the chances big investiors/institutions are gtfoing paper silver and that's the reason why prices are taking a dive?

>>22868814
Another day another bleeding silver performance. kek

>>22874702
>Any planned purchases, anons?
Just treated myself with 50oz @ $28/oz yesterday. But i'd go balls deep if we go down to 20 this week (probably would end up at 25 with the premium), tho i don't really see it...

>>22878829
Thankfully my paycheck hadn't came in last week, the dip convinced me to wait for a while more.

>>22874814
>I lost 15k on my miners last week.
what are you hodling fren? I too lost a bit, but 15K, holy molly...

Only have one or two ounces of silver, are the lot sales you find on ebay any good?

>>22875885
talmudic demoralization, nothing more

>>22878897
Yeah, funny how Dollar Index is down, stocks are up and PMs are still shitting itself. Guess that's the final call that PMs will have a hard time.

>>22878884
Good buy fren. WAGMI!

>>22878999
nice digits fren, Kek is giving us his GMI blessing!

>>22879024
God it feels good to have frens, even ones on the other sides of the world. Keep going bros, we're almost there!

>>22876788
>>22876725
>>22876597
Ray Dalio is also warning about the debt bubble. Brace for impact and buy commodities and good miners. Here's a good explanation video:
https://youtu.be/RViGGmxOk9A

>>22875820
Look on the bright side. Your ATB series will shoot up in value due to no one desiring this shit.

My country applies 22% VAT on Ag.

how the fuck am I supposed to buy those nice shiny coins now
How does it work if I order from a VAT exempt country in the EU? Will I get ass-raped at the customs?

>>22878390
What are the chances democrats would shut down Aurcana's mine?

Didn't the mine already get approved by regulators?

>>22878349
There was still mining in America when Obama was president though.

I mean there was also fracking and that shit didn't get shut down.

>>22879722
Hi, I'm in a country with similar VAT on silver. Go to https://eu.compare.pm and compare the best prices in the EU. The bullion exchange I ended up using was Goldsilver.be which is Belgian, and Belgium has no VAT on silver. No customs fuckery, only had to pay about 35€ in shipping costs and the package arrived in like two days via UPS

>>22879722
there are several good options for you.

celticeu for example is pretty cheap and enables your to buy VAT free

>>22879470
Adding to this, Warren Buffett has been selling a lot of equities and buying defensives:
https://www.youtube.com/watch?v=x25kzo9XldA

(the stock footage is ass I know but the point is worth watching the video)

How many ounces until we will make it? I saw when you have around 500 d*llars worth of silver then you will make it because that’s more than the average American has in savings

>>22879765
>>22879779
sweet, thanks

is it legal at all though?

>>22880240
Of course it's legal. It's the same as ordering anything else from another country

>>22871869
50$ over spot each? Honestly pretty good deal

>>22871869
>>22880301
Compare with the DISGUSTING premiums over here in Finland, pic related
1723€ = $2010

What miners are we looking at this week, anons?

What ever happens to Comex defaulting???

>>22878920
I recognize that seller's pic and no, avoid lots like that where you don't have a picture of precisely what you're buying. Those sellers specialize in scamming dumb boomers.

>>22868814
https://youtu.be/gj0N9yeA4AQ

>>22878829
>>22878748
Will price go up or down!??!

Buy CLF

>>22880552

>>22880809
did well in 2008 and 2011 apparently, will have to research this

This is so intense, every day the jews keep trying to break this trendline but keep failing.

Keep buying silver guys, lets take down the COMEX!!!

>>22880996
>memeline

>>22881039
Memeline or not, this plays a MAJOR role in the price, if you aren't watching this you are a bluepilled goy.

>>22871869
$1917 per, but yea. Wish I jumped in at $800/oz

>>22881066
>Memeline or not

I've never really wrapped my head around TA, nor do I understand how the lightning fast trading algorithms operate and interact or what statistics and info the algos consume and make decisions off of. I simply don't get it, I'm naturally hands-on and intuitive so can sense broad "organic" human trends easily enough but TA particularly in current year seems like little more than algorithm/AI psychoanalysis; trying to peer into the rationale of fucking robots and then possibly creating a weird human/trading algo feedback loop based off of mutually anticipated heavy weighting of technicals and meme lines.

I don't get it and am a bit scared of it too honestly, seems like a way to trick people into thinking they can outmaneuver the algos.

I am indeed ignorant so more power to those of you who can navigate TA profitably, I just wonder if anyone can contextualize TA for me big-picture? What comes before or predicts what? Does TA actually allow humans to understand each other and especially the trading AI/algorithms, or instead does TA functionally just herd human traders together in a space or range that makes it easier for the algos to harvest profit from?

>>22880481
https://news.yahoo.com/netjets-demand-drives-forward-reinstated-140200130.html
Might invest a couple of hundred today

>>22881754
https://grsilvermining.com/wp-content/uploads/2020/09/20-09-28_GR-Silver-News-Release_Final.pdf
The findings seem very bullish, anybody care to analyze a bit? Pan Man?

>>22881430
TA is a meme and wrong 99% of the time, its much better for risk assessment rather than making profit

>>22875885
Bioleninism

>>22880571
That was just a meme to get deluded incels to by a shiny rock for $28

>>22882293
Acquiring shiny rocks for pieces of paper is ridiculous at any price.

>>22881820
>>22881754
Seriously -- the more I read, the more I'm beginning to think I should invest heavily into this project. I've got to research their financials and management more of course but this is exciting. A lot of high-grade ore samples (https://grsilvermining.com/project-album/plomosas-high-grade-core/)), great drilling results (pic related, more at https://grsilvermining.com/project-album/plomosas-drone-images/)), three different projects underway in Mexico, one pending acquisition, much infrastructure already in place. Their promising Plomosas project which they acquired from First Majestic this year is permitted for exploration and mining operations.

It seems like it will be a few years before actual production can begin though

>>22882293
he bellowed as his back gave out from the weight of his cryptobags

>>22880571
can i be your trapfu when the usd collapses and we escape to south america together with our guns and stacks?

>>22878897
>Silver is up
AAAAAAAHH I GOT TOO COCKY BROS I DIDN'T BUY THE DIP

thank fucking god, finally i timed something correctly.

>>22882789
>He didn't buy the dip
>He didn't buy the bigger dip
>He didn't buy the floor over the weekend

>>22882899
it could all keep crashing desu, we aren't out of the woods yet.

hey is this good

>>22882899
>tfw I traded 560 monopoly money for silver on Sunday.
Feels good. I am now at 6oz gold and 208oz silver.

>bought the dip
Yep, I am based

Anyone catch McEwen on Sprott Money Radio Friday? Made me nice and bullish, but then anything an owner says about his company's future would do that.

He talks about how he really loves paying dividends to his customers. I think when MUX starts to take off they'll be implementing them. Any thoughts?

>>22880571
I'm watching and waiting, still see cash settlement as high probability

>>22882964
Forgot pic.

>>22882972
You'd have to be pretty naive to feel bullish after listening to a podcast run by PM shills having a miner on for a stroke-off session.

Based, we're all gonna make it

>>22883064
WTFWT?????!!??

>>22883036
Thank you for your insightful and informative post.

>>22882956
It could, and I will spend as much mapleopoly money as I can. Buy the dip.
I was thinking about this last night, wasn't a roman soldier or whatever paid 3 silver a day, a mininum wage slave makes about 3 silver a day at current prices maybe a bit better, that is compared to ancient roman times, Silver really is an amazing deal, once or if the normies figure it out mininum wage slaves will be lucky to buy one silver piece per day of work. I am not sure I am ready to be out of the woods, I have a nice stack but I want moar. Also I told myself back in march that if silver hits $50 again I would sell half of my stack to double down on but the idea is just to fucking scary right now. Thanks for reading my blog

>>22882972
Not a big fan of divvies myself unless we're talking about large companies with secure cashflows. For growing companies it's better and safer for them to invest extra money into the company imo

>>22883102
It's more insightful than you sucking silver shills off like you did in your post. Why don't you take a look at MUX's 10ks retard.

>>22883125
Yeah. I don't know if this year is the year, but, I'm just going to keep stacking over time. I think this potentially could be it, or it could be ten years from now. With a long time horizon, silver is cheap as fuck right now no doubt.

>>22883179
>silver is cheap as fuck right now no doubt.
so is yer mum

>>22882899
Threw the cash at First Majestic and doubled my holdings instead. Averaging down on miners is pretty pleasant too

>>22883319
>You must be 18 to post here

Is it also possible that the market just won't feel any effects at all from BRRRRRRR? Have they finally found a way to keep the masses happy while they infinitely print money? Did they fucking win?

>>>/k/46746412

Irving Resources already up 10%

Irving Resources Signs Definitive Agreement for Option to Acquire the Historic Yamagano Mining License @nasdaq/irving-resources-signs-definitive-agreement-for-option $IRV #news/mining

“We are honoured to have completed this agreement with Shimadzu Ltd.,” commented Akiko Levinson, CEO and a director of Irving. “This is one of the great historic gold districts in Japan but has seen no modern exploration. We look forward to beginning the search for further high-grade gold veins on the Yamagano mining tenement and adjacent lands we have staked.”

there was no dip. physical silver was 25+/oz

>>22883570
How based is this stock compared to the usual strikepoint gold, aurcana, impact, tinka or alexco ?

>>22883545
I am positive there is a huge overlap of /k/ and /pmg/. If you stack silver and gold you should be stacking brass and lead as well. don't listen to the faggots on /k/ though, there is plenty of nofuns shitposting just like the nostacks shitposters here

>>22883584
That feel

>>22883731
Buying silver/gold almost guarantees at minimum a healthy distrust of (((the system))), which leads down the lead/brass stacking path.

>>22883570
Nothing on CEO.C about this. But the consensus is that its a very long term hold. Lots of talk of missed opportunity cost by holding Irving and potentially missing out on other miners mooning long before Irving. But Moriarty is very bullish and I've come to respect his opinion.

>>22883584
That is what you are going to be able to expect from physical from here on out. If paper crashes to $12 I would not expect to be able to buy it for less than $24.

https://www.jmbullion.com/2020-1-10-oz-british-silver-britannia-tube/
What is this meme?

>>22883584
its starting to click with the more curious normies too

should i trade a half oz eagle for 40 oz of silver coins?

>>22883997
>16 coins
>1.6oz of silver for 61$

Miners in my portfolio that are green
>fireweed zinc
>dolly varden
Miners that are down despite silver being up 2%
>First Majestic
>Aurcana
Aurcana I can understand, but wtf majestic? Were the taxes really that important?

>>22884123
FM price is a fucking meme at this point it makes no fucking sense. I don't know how low testo and fearful other investors are but FM under 10 is just beyond retardation. Be greedy when other's are fearful.

There's been a few guys shilling the dollar milkshake theory here recently. You should read Alasdair Mcleod's latest article

"The error common to both is to misunderstand the underlying subjectivity of money. Money takes its value from the marginal value placed upon it relative to owning goods. If money is widely regarded as sound, an economising man is happy to hold a reserve of it, only exchanging it for goods and services when they are needed. This is the most important quality of metallic money, to which people have always returned when government money fails.

A further benefit, which state currencies lack, is that gold and silver as money are accepted everywhere, having the same values in New York, London, and Mumbai. With the exception of cross-border trade, investment, and perhaps longer-term strategic considerations, government currencies are generally restricted to national boundaries. Paper currencies are therefore vulnerable to changes in demand in the foreign exchanges in a way gold and silver are not; if the foreigners don’t like your currency, they will reduce their exposure by selling it, irrespective of fundamental considerations."

He talks about how the Wiemar inflation preceded it's monetary inflation, because foreigners (and nationals) front ran the Reichsbank into the forex market to protect themselves. So even if there is "deflationary pressures" in the US, you could see a collapse in forex (and domestic purchasing power) at the same time.

PMG is just where all the TSG losers ended up.

>>22884123
AUN isnt producing, so profits are not tied to price, besides considering in a week they went from 98 to 78 and are back at 92 that seems pretty strong to me.

FM is suppressed not because the tax news is so bad, but because it means lots of funds cannot buy them RN due to it. if I had powder thats where I would be putting it right now, earnings should be good for them and its no where near priced in.

greatest farming coin ZYX and working team ever on /biz/

>earn on staking ZYX
>farming coming soon
>liquidity locked
>great community
>Binance smart chain integration
>tron network shifting

What tha fuck are you waiting for??

trade now on uniswap
https://uniswap.info/pair/0xb529d41afbc67a1b8e9bd78928dddaf6abf569e4
And stake for further update

>>22878657
I bought SLV

>>22868814
package coming in the mail tomorrow

jfc how are the miners going down AGAIN

>>22884547
>He bought paper

>>22884566
My bad, I just bought some FM just now

>>22884626
I bough FM in august when it was over 13 USD/share. I have not opened my broker in a couple of weeks because I don't want to see the blood red screen. I hope you bought a lot.

>>22884526
Up by 94% ... power of ZYX baby. Waiting for listing on binance.

>>22884526
>>22884714
reporteed faggot bot. wrong thread

WHERE MY PLATINUM KINGS AT?!?!?!!?!?

>>22884706
isnt fm supposed to be a good company. at this point i should sell all my mid and large caps and just go all in on small caps in they're all gonna be shite like this. wtf i bought fm for some stability in my portfolio compared to impact or bayhorse

>>22884794
hanging out, waiting for something to happen

>>22884706
I'm low on powder, so only 50 units
But previously I bought 50 when it was at like 18 or so so ehh

>>22884526
>>22884714
Ok Raju, just remember to use the toilet instead of the street

>>22884232
Resolution to the tax issue will be a 50% up day whenever it happens.

>>22884526
Fuck yeah man.. filled my bags with wonder of ZYX .. waiting to fly high in the sky.

>>22884809
I was listening to a Rick Rule interview earlier this morning and he was saying that investing in silver is naturally going to bring more volatility to a portfolio than gold. And of course, the silver mining stocks would bring even more volatility in exchange for a potentially larger return (than just holding physical). So if you believe a PM bull market is beginning, and will be as massive as the many industry thought leaders believe, AND you can stomach some wild volatility for the next few years in your portfolio, then the smaller-caps would offer greater return. Basically, there is no "stable" silver mining stock, at least in my understanding.

What a giant turd First majestic is

>>22884809
Yes, FM is a solid senior silver producer with 3 producing mines at relatively low operating costs. I think the tax issue with Mexican government has been way overestimated in negative terms by investors. At this point, I believe no matter what the settlement will be the share price will skyrocket as a result. As long as the matter is settled investors will be happy, that is at least what I am thinking. It's like reverse of the situation "buy the rumor, sell the news", in FMs case it is "sell the rumor, buy the news" or so I hope. From my next paycheck I am going to buy more FM to DCA down from the August peak.

>>22884850
It hasn't been 18 since the last silver spike in 2012 or something? Have you been holding since then? Anyway it is a good time to DCA down if you have bought higher before. It's good to remember that Sprott bought FM significantly higher than what the share price is today.

>>22885103
*18CAD whoops

>>22885089
Bullish

>>22885103
>>22885084
you guys are fucking GAY

what do we buy once silver becomes super expensive like over $50?

>>22885254
Bitches and southern comfort

>>22885167
Answering to you makes me gay? Ok then.

>>22885254
Depends what everything else costs. Probably more silver, or gold.

>>22885089
Buy high sell low. Sell the rumour buy the news.
Why do you care if your mining stock is down, silver still hasn't mooned yet.

>>22885311
My wallet cant afford over $50 a single ounce 0_0
>>22885264
never sellin

Silver up but miners down seems like a good buying opportunity? Mining investors are expecting it to dump again?

>>22885317
>silver still hasn't mooned yet.
>Silver is going to $100 says nervous FM CEO for the millionth time

>>22885570
They're going to crab and have mini-dumps until gold spikes in response to a COMEX default or stock market meltdown, and then silver spikes, and then miners spike. Never a bad time to buy miners if they're dipping IMHO.

>>22883545
>>22883731
>>22883933
The nostackers there aren't wrong in that if we get into a situation where there is total worldwide collapse, shiny boomer rocks aren't going to do much good. A more likely scenario is that we have hyper-inflation, in which case after the dust settles the boomer rocks will be useful again for transferring to another steady currency after our own is worthless.

>>22869247
But the stackers are super kino. I have a variety of stuff and lots of mercs, but when it comes to 10 Oz, the Scottsdale stackers are up among the best bars. Worth it to me. I also have some of their Reserve 1 Oz rounds coming. Again, a little bit of a premium, but they are beautiful. Stacking is not only about practicality, but I like to enjoy it by buying aesthetically pleasing pieces. I don’t go for crazy premiums, but I put Scottsdale on par with government mints so I’ll pay a comparable premium to the US Mint or RCM.

>>22885716
The silver is not to exactly to see you through the apocalypse, it may help it may not. It is for the aftermath of whatever SHTF scenario plays out, there isn't a single SHTF scenario that silver will not triumph over in the end except the NWO being instated which I just refuse to believe that those few will actually be able to exert their will over the world. War , famine , stock market crash , dollar crash , pandemic, you name it silver will have your back in the end.

>>22884849
> up 4% today
Is this our time, brother?
Ive bought more NCP, and looking at buying another 1oz platinum bar.

>>22886187
dunno, id like to get more but my powder is looking a bit soggy for the next few weeks.

>>22885844
patrician choice, these and the matte asahi 10oz are kino

Thanks Tinka shills, I bought in at 0.13 last week, feeling breddy good frens.

>>22883731
only retards own gold silver lead and brass

I bet you have more then a weeks worth of food too... coulda spent that money on some tesla stock fren.

*puffs vape*

>>22886536
>*puffs vape*

Careful anon, I hear vape juice is infused with concentrated onions and semen extractives, you could become a like-harvesting plebbitor within 3 weeks at this rate. Hard to come back from that fren.

>>22886777
kek n check

>>22886393
Yeah, Asahi is another mint I put up in the "as good as gov" category due to aesthetics and reputation.

New
>>22886922
>>22886922
>>22886922
>>22886922

>>22886910
>Asahi
They're the ones who also make the American Reserve rounds and bars too, right? I wish I pulled the trigger on them. How often do they restock?

>>22887015
Yeah, they make those. Good looking round. Not sure about their production schedule for this one though. I've never ordered from the dealer below so I can't say anything, but it's the only place that I found where they are listed as in stock.

https://bullionexchanges.com/1-oz-asahi-american-reserve-silver-round-999-fine

>>22885844
If I have to choose between a maple and pic related for similar premium, I go with pic related.

>>22887118
>only 2 in stock
Damn it.

>>22880788
First one, then the other.

>>22885254
>super expensive
>50$
Chose one. Also I will just jump into Uranium.