/biz/ - Business & Finance

>>27992229
first for Canada is fucked

>/pmg/ STILL hasn't been able to refute this

you do buy your gold in tolas, right anon?

>>27992946
wtf is this real?

https://stocktwits.com/symbol/CLF

Why haven't you bought $CLF

>>27992946
>Elon Musk creates a post-scarcity world
pretty based actually

>>27993013
Is a tola the same as a tael?
I have 1 tael from HK, its a few more grams than a troy oz

>>27992946
Because it's impossible.

>>27992229
bout to head to the fleamarket coin shop in an hour

>>27993100
>he doesn't know Elon Musk actually teleported 1T tons of gold
I bet you also think Santa Claus isn't real
>>27993138
What do you think you will find?

>>27992705
No you don’t, just stop being a cuck

>>27993226
So how do you get physical without paying premiums?
>inb4 just steal
>inb4 just order delivery from the COMEX

>>27993068
a tael is about 50 grams, and a tola is about 3/8 ozt, or about 11.6 grams
so 1 tael is pretty close to 5 tolas

>>27993169
not sure, but I will post back if I end up buying anything

>>27993044
unbased because it means infinite retards reproducing infinitely

>>27993259
Just fly to Hong Kong or Dubai or Singapore and buy lol

>>27993265
One tael is about 37 grams

Out of curiousity, why do people buy kilo gold bars. I was pricing it out to see how close it was to spot and a 100gr bar is basically just as close to spot and you could smuggle it fairly easily. This shape wasnt an accident. How many of picrel can I fit up my ass? Need a pic of one in an asian womans hand to compare

>>27993555
they don't have premiums over there? How come?

>>27993740
I'm guessing because the premiums are lower with bigger bars

>>27993740

Why hide gold in the pooper?

I've moved across border with 150K in Rolex casually on the wrist / in my carry on.

Nobody would ever blink an eye at it.

Stuffing 26kg of silver up your ass on the other hand. That would be a problem.

>>27993606
yeah i was thinking of the chinese tael, not the hk tael
so i guess 1 tael is close to 3 tolas

>>27993355
>infinite retard girlfriends to nakadashi
No, that still sounds based.

>>27993872
I just see 1kg at 59700 and 100gr at 5990 or 59,900 per kg. So you are paying only 200 less for a single bar. or you could get 10 bars. I guess once you get to 100gr+ the premium gets negligible. If I was going to buy a kg I would prefer 10 100gr to 1 1kg

>>27993747
In Asia as a rule people just refuse to pay “premiums” which are clearly a jewish scam that apparently Americans have accepted

I unironicallly want to work in a refinery. Is that not the perfect job? Getting to fondle the precious all day
>https://www.youtube.com/watch?v=-q1Xm7X7s_k

>>27994082
they must underpay on the buy side then

>>27993906
I need to get some of those RCM kilos... Nice bar stack fren

>>27994082
how do the bullion dealers turn a profit there?

>>27994326

They are really very nice. I randomly got these YPS Kilos in a trade. They are very chunky and satisfying as well.

I wonder if mint employees are are able to buy coins and bars at spot. Could you imagine a more comfy career?

>>27994623
I used to work at a mint, just on the logistical side though. I don't think we got any cheapies there (although we didn't mint gold/silver bullion, just some polymetallic ones that were shipped off to somewhere in Asia or Africa where they actually use coins)

>>27994731
Yea I am talking more like an RCM or perth mint employee. I believe those places have storefronts

>>27992229
Started buying a few weeks ago. 1oz of gold, 25 Britannias (2021) and some old Dutch 720/925 coins.

I'll thank you guys in 10 years.

>>27994822
Nice, where did you buy that gold bar?

>>27994623
I would bet $AG does, if they are willing to give a premium reduction to stockholders they likely give one to employee's as well.

>>27994943
Thanks bro, bought that bar at Hollandgold dot nl, Britannias as well. The other coins secondhand locally here and there, people selling them often below spot.

>tfw buying 1 oz of Gold soon to add to 500 ounces of silver

Hoping for another 10-15% drop in Gold

>>27993044
>gold = post-scarcity
Lol
Lmao
Lol

>>27993018
really really real bro

>>27995164
based 2hu chad
>>27995257
>can teleport gold at will
>can teleport other metals at will
>unlimited metal

>>27993013
Holy based I have that one exactly

>>27993740
How do you pass a metal detector with gold in your ass?

>>27994332
They buy huge bulk and make money in price fluctuations as well as jewelry
Many people will buy jewelry over bullion to avoid tax laws

>>27995595
>https://www.theguardian.com/world/2016/sep/23/gold-butt-canadian-smuggler-royal-mint
It will set off the full body detector but not the handheld one.

>>27995678
seems a little bit more risky than just having premiums but that kind of business model is great for the customers

>>27994082
Europeans as well. You buy a good premium when buying pm, especially from stores. On the flip side, you also get that premium if you sell. But yes, still a scam.

>>27995927
I don't think that's true. I live in Europe and that's not the case here. Getting fucked real hard in my home country and I don't think I can get the premiums back if I sell to another country even if they don't have VAT there

Am I gonna make it, bros?

Post stacks

>>27995819
The gold markets in Asia are insane so it works out well
People buy TONs of jewelry which easily keeps gold shops afloat, even the state bullion retailers sell jewelry

Also from what I’ve seen many shops will buy back at a lower price unless it is state approved bullion, so people who trade in their jewelry lose quite a bit.

In East Asia especially people NEED gold for cultural festivals so they are never lacking customers/trade-ins

>>27996169
yes

>>27996218
mexico needs to make more tiddy coins in 5 oz

>>27993041
im waiting for a dip to $15.00

I wish all physical silver buyers a very pleasant morning.

>>27995927
Depends where, got a 0.5% premium on kilo bars gold at my local bank.

>casual conversation about smuggling gold with our rectums
Dear lord this general is comfy

>>27996932
Top of the morning to you also sir

>>27992229
breakfast time:
Easy like Sunday Morning edition

>>27994822
Good start. Just buy what you can every month and after a year you will be financially secure after a market crash.

>>27997401
morning yukari anon

>>27997401
Sugoi

>>27992229
Is the “National Debt” the amount of money the American people owe to the Federal Reserve?

So is the silver squeeze dead?

>>27997680
yes, but well never pay it off so its just a made up number with real bad consequences at this point

>>27997680
the way i see it, that debt the fed govt owes and we the people have nothing to do with it since we have no fucking say over what those idiots spend money on.
probably 75% of that debt is illegitimate bullshit

>>27997902
Money is loaned into existence by commercial banks like HSBC and loaned to the government. Then the people pay taxes to service the interest on the debt. The debt is never paid. Just rolled forever. Do with that info what you will.

>>27997782
I hope it's at least dead for this next week, my paycheck doesn't come in til friday...

>>27998085
this is true, it's a credit (debt) based system after all. Things come to a head when a run on banks begins, or when for whatever reason credit risk becomes too high

>>27998085
>>27997902
>>27997882
But what if the Federal Reserve decides they want to be paid their money with interest? Can’t the Treasury just print up T bills and pay them off? Or is that illegal?

>>27993041
WHAT THE FUCK IS CLF AND WHY DO YOU KEEP TELLING ME TO BUY IT REEEEEEEEEEE

Seriously I keep ignoring you but I give up. Tell me about CLF and how to buy it. Calls? Or just buy stock?

I was banned from wall street silver for mentioning election fraud. Reddit is so gay.

>>27996345
Do they sell bullion coins like American Eagle or Krugerrands?

>>27998269
Who is in charge of treasury? Steve munchkin? Janet Yellen? It’s a scam and treasury is in on it.

>>27998200
It ends when they can’t create new money fast enough and hyper deflation sets in. The debt based system requires ever increasing amounts of money. Then they have a choice. Hyper deflation or hyperinflation.

>>27998430
announcements said the govt has mobilized the military to address "domestic extremism"
and every news and social media platform is allied with the communist style censorship agenda

its no longer a theory or a joke or a warning. its real and exists right now. we are living in Orwells 1984, THX1138, Farenheit451

RIP

>>27998301
its a massively overvalued steel equity. he needs bag holders.

>>27998269
this is the exact reason why fiat is gay, they prob wouldn't take paper, they would ask for payment in gold. honestly just never paying them would be better

>>27998693

>>27994020
I mean he answered your question didn't he? Premiums are lower with 'bulk' buys.

>>27998085
It can keep going as long as they can lower rates. Like if 20% interest on a credit card is too much for you to keep spending, you consolidate the debt at 18% and free up some income from interest payments.

>>27998584
In Singapore they do
I’ve seen coins at some retailers in HK as well but bars and jewelry are far more popular

If not for Covid, i wonder if it would be worth it for Europeans to fly to Dubai just to buy gold then come back

>>27998909
hes right, they did this for the capitol

>>27998991
are there not duties/import fees for this? id imagine past a certain amount it would catch attention

>>27998960
Correct. That’s why the the interest rate chart looks like it does. In a recession they lower rates by 5%. After recession they raise rates 4%. The cycle continues for about 50 years until you hit zero. And here we are. This is why they want negative rates.

>>27998693
In the end at least of Farenheit 451 all the normalfags and jew enablers get nuked

>>27999017
they did it for the inauguration because they had several legitimate threats against it as well as a riot in the same location a few days before

>>27998991
If you’re flying somewhere you might as well just order 1kg bars and have them stored in a depository in Singapore. No way a plane ticket is saving you that much on premium to justify it.

>>27999119
Idk
I pay shipping fees when I buy from Singapore, but previously I would just fly there and not pay anything.

For silver no duties as far as I’m aware (but I only travel within ASEAN) and for gold only above 100 oz or something like that

>>27999119
I've ordered from www.lpm.hk

Got my order without issue, small order tho and shipping kills the deals unless you go in bulk which I am not willing to risk due to the possibilities of duties being levied.

>>27998909
you must be be deaf dumb and blind if you don't realize this

>>27999139
If they can force the fed to loan, cant negative interest rates work? I wouldnt pay someone to borrow my money, but cant the govt just force it? Sorry if this is stupid. I agree it is bad economics, but it seems gov has the power to make it continue.

>>27993740
Sounds like you like shoving things up your ass anon, no one in the world would have thought the same thing about that bullion

I dreamt of silver all night

Alright Chads
Where and how should I be buying this

>>27999201
Wouldn't in be cheaper to take delivery of kilo bars from COMEX?

>>27999452
>spoonfeed me

NGMI

>>27999376
The fed doesn’t buy treasuries directly. Primary dealer banks like JPMorgan buy treasuries at auction. They create money when they do this. Then they flip it to the fed as the fed can’t directly buy the treasuries or monetize them directly. It’s just a shell game but ultimately the primary dealers need to play ball. The fed is owned by the primary dealers at the end of the day. So we are basically at the mercy of the commercial banks. I suspect they will keep giving it small injections to keep it on life support. This could easily go on for another 5-10 years.

>>27998909

>>27999467
Would you risk it? What if you buy 100 kilo bars from comex and you are that guy to break it and get cash settled while the world hyperinflates. If I was a big enough player that I was taking delivery off comex I wouldn’t. I would find a dealer with stock on what I want and buy it from them with known stock.

>>27999184

About to drop 2.5K CAD on my 3rd J&M 50ozt, I’ll be back here later with pics

>>27999376
>>27999596
>>27999376
Another 5-10 years at most. The next step in the process is negative interest rates, and then after that a period of deflation, and then a short
period of hyperinflation, and then we finally get to the fun part. Were almost there. But my actual prediction is that we'll see a new digital currency within 15 years to prevent that from happening. A great reset of the world economy, you could say.

>>27998269
The entire thing is illegal in the first place because muh Constitution says only gold and silver are legal tender. Really though, the Fed is a privately owned and operated bank with nothing backing its paper anyway, so if they ever want their worthless shit "paid back" they can just be told to fuck off and get [REDACTED] is need be. It's literally a circlejerk of IOU's.

>>27999801
It'll be in place before 2030 if things stay on track. There's so much focus on that year by global governance types.

>>27999801
Digital currency will be here in sub 2 years. China is rolling theirs out right now

>>28000000
>>27999999

>>27998269
Why would they ever do that? The instant they call in the debt, the entire system collapses and the Fed's operators are out of a job. They would be destroying their own highly profitable positions as creators of currency.

>>27999376
Check this out anon.

>>27999596
Thank you. I guess this is why all banks always seem to work together and share interests. It seems so weird how in the past countries were different. Groeing up i remember goth kids, emos, all sorts of subcultures, but now everyone watches the same videos, knows the same facts, shares the same memes. There is no more distinction.

>>27999376
You do know negative interest are in place for 6 years now in europe and they are completely bankrupt ? How do you pay social security and retirement without interest rates at normal level ? How do you do gov spending since nobody has saving ? You print. Negative IR is a checkmate situation. No one will buy treasurie, savings will melt under the sun, bubble will grow everywhere then poof, a reset is needed since everyone ia bankrupt.

>>27999376
>>28000135
It gets worse.

>>28000135
Explain this image to me like im a retard, because I am.

>>27998642
exactly, deflation is the point where credit risk becomes too heavy, lenders stop lending

>>28000194
>>28000135
>>28000265
The truth of the system must be hidden from the public, or they would revolt.

>>28000065
This ends when they start printing the interest on the debt. Then the veneer is gone.
Story time
>You borrow 50,000 from loanshark
>You go back and pay 5k princinple and 50% interest
>Everyone is happy
>Second visit you pay only the interest. Times are tough. the loan shark is unhappy but you walk out of there.
>Third visit you ask the loan shark if you can borrow the past interest from him as you dont have it.
Thats when he breaks your knees.

Will see the same in treasuries. As long as the americans can service the debt and pay interest, the game goes on. The moment they borrow or print the interest, its over. Luke gromen has argued we cross that rubicon in 2020 if you consider entitlements as part of the debt as interest was 103% of receipts. That doesnt show up in spreadsheets yet but that is the barrier. Printing or borrowing interest.

>>27993018
have you seen the documentary Jumper (2008)?
>>27992946
space is fake and gay. he's been robbing banks

>>28000135
Everyone gets mad when a business gets a tax break, but wow. This is like generational ponzi. No womder govts love immigration so much. They cant stop. And ive been aware for a while that the path of least resistance with regard to pensions is to avoid breaking promises or raising taxes by inflating money. The Fed is so opaque.

>>27993740
this is what those backscatter machines at the airport were made for.

>>28000135
>>28000194
>>28000265
>>28000396
Don't just listen to me. See what someone smarter has to say about it.

>>28000396
This is the truth no one knows. Every dollar in existence, someone is paying interest on it. Sometimes several times over. IE Debt is 4x money in circulation. Mathematically the system will fail. Problem is, it fails when they want it to. Unlikely it fails unpredictably.

>>28000453
Except the Fed are the ones printing the currency being borrowed to begin with. They can and will happily let you borrow more to pay down the interest. Not like it costs them anything to do so, they have infinite currency. Rather, they have to, or their system collapses.

>>27999441
Me too, unironically. I fell asleep watching a documentary about silver so that’s probably why.

>>28000135
>>28000194
>>28000265
>>28000287
>>28000396
>>28000544
>>28000604
Would you like to know more? It only takes a few minutes.

https://youtu.be/mII9NZ8MMVM

>>28000544
Part of me wonders if they will reduce entitlements. The other part of me understands entitlements are owed to boomers who served in Korea and VIetnam and are armed to the teeth.

>>27994093
definitely cool. there are backyard enthusiasts that do this with various recycled metals. they're breaking even at best with all the costs involved, but make it up by making the popular videos about it I imagine.
https://www.youtube.com/watch?v=HjJGjlpMfv0
https://www.youtube.com/watch?v=4I6hm5U3MFQ

>>28000568
Airport full body scanners dont detect anything inside the body. They only detect through clothes. It would be stupid easy to smuggle those bars. You wouldnt even get secondary screening if you go through full body scanner. If you go through metal detector some mongoloid is going to give you a quick wand scan and send you on your way.

The back scatter machines are checking for guns and weapons hidden under clothes and sniffing for nitrates(explosives)

how much gold is a suicide stack?

>>27996218

>>28000651
Incorrect. Treasury prints the notes. Private commercial banks create the digital entries when they lend. The fed loans some but the fed can only loan. 97% of money creation is by private commercial banks.

>>27999376
The fed may as well be part of the federal government in practice, so they will do whatever the politicians want. However, as they continue to print more money for the government, foreigners may decide they no longer value the USD, so importing things could become much more expensive for us. This would be particularly bad because the US has practically no manufacturing base.

>>28001002
yes, private banks are the ones that print the money. They print according to the bank reserves they get from the Fed. The Fed is the "mastermind" but primary dealer banks are the grunts that do the brrr in practice by lending money

>>28000875
it would get found, as anon I won’t give up personal info, but yes it would get found lol

>>28001222
Checked
Reserves were suspended in march for treasuries. Private banks can now brrrr to infinity when printing money to buy treasuries.

>>28001301
lol I didn't even know that, the desperation is physically touchable

>>28001287
Explain how it would get found anon.

>>27998301
It’s shit that just got downgraded and come on, American raw materials under China joe? Worst bet ever.

>>28000875
lol check out this fed post

>>27997782
it's not a two week thing like gme. it's a ten year thing like the fall of rome

>>28000453
Your story is kind of wrong. Most loan sharks don't want people to pay their loan only interest. That way they can make much more money.
For example your borrow 1000$ from loan shark with 10% interest. Payment is due next week. You pay him back next week. He will only make 100$. But if you don't repay your loan only pay interest for a year he will make 5200$.
>Thats when he breaks your knees
He won't break your knees at first. He will ask you if you have something to pay him back. He will ask you to give him your watch worth 5000$ to pay 1000$ loan.
Federal Reserve will ask for government land or other assets for total debt forgiveness. They already made enough from interest alone. And it will seem like a good deal for general public.

What happens to go ld in deflation?

>>27998430
That just shows you how legitimate the election was. Absolute proof.

Just got back from the flea market, picked up a 2021 ASE for $34

>>28000737
Reducing entitlements is very politically unpopular. They have to keep promising more free stuff to stay in office. It's much easier to do that and push your problems onto the suckers in the future.

>>28001528
decent deal at current premiums

>>27998693
and it's all due to midwit dummies like this
>>27998909

>>27993041
I bought calls for 17.5 on it after seeing your bullshit in multiple threads and am up a happy amount. Thanks anon. Don't rugpull pls.

>>28001374
You’re right that it doesn’t pass through full body, as it’s radio waves no X-ray.. but something that large that close to your butthole would cause a blip

>>27999184
why are they still there? more troops at the capital than in the middle east right now

If evens line goes up on open
If odds line goes down on open
If dubs opens over 30

>>27998909

>>27998593
This. People act like they are adversaries. They aren’t, they’re both layers of the same organization both with the singular purpose of scamming the public.

>>28001743
It doesnt penetrate skin. Is your asshole not skin?

>>27999441
>>28000656
what kinds of dreams did you see?

>>28001843
>goes down
not surprised

>>28001854
Its not kids in cages, its an overflow detention facility.
>4 days ago
Wording is everything in propaganda.

>>28000265
Do you want to the debt to be 10x higher? The interest is the only reason it isn't. Infinite loaning power for a state is basically communism, everything would be done by the state. In fact, the interest should never be this low in the first place.

>>28001878
I once dreamt i was casually talking to my buddy and the conversation was basically "So gold is up another 150 today huh, just another day."

>>28001967
I'm used to being cucked

>>28000714
gay as fuck, this is the real shit

https://www.youtube.com/watch?v=iFDe5kUUyT0

>>28001425
Agreed. Also,
>that pic
holy mother of comf

>>28002093
maybe you saw the future

>>28000945
comfy old time chest

>>28002093
Hyperinflation incoming

>>28000896
>worth your weight in gold
depends how /fit/ you are

>>28002291
My dreams routinely come true. Does anyone here think we wont eventually see routine 150 days as the currency implodes? Its a mathematical certaintly unless they swap the USD out for a digital currency before hyperinflation.

>>28001878
I fell asleep watching a prospecting documentary PAN MAN posted. And I dreamt that I was staring at a pile of gold and my family asking if it's all ours. Then I woke up.

>>28002337
>200 lbs
>2916 troy oz
Never gonna make it.

>>28002443
I think we will see spot rise wether they want it to or not as we see ebay prices continue to decouple from COMEX prices

>>28002004
I want the interest to be lower, and then go negative, and then I want the debt-based system to collapse.

>>28002528
>ebay prices
this isint a great yard stick to measure, but it does indicate demand on the secondary market

>>28002528
Ebay prices are for retail bars. There is a premium on frozen corn vs spot corn futures too. A much bigger premium on corn than silver and gold.

>>28002528
yeah commodities will go up without a doubt, unless they let deflation run its course (which they will not). Basic supply and demand at work

>>28000544
Did you say immigration?

>>28002223
2:58 in and he already made a mistake.
3:56 another factual error
4:00 another factual error
4:29 more errors
5:10 another error
Who is Mike Maloney protecting?

>>28001870
kek

>>28002743
Unironically they are squeezing more growth out with immigration. Immigration is keeping the game going. Stop immigration, stop the game.

>>28002822
Admittedly if you're a loose asshole faggot and your bars are prairie dogging, you're gonna get caught. Fags NGMI

>>27994149
Buying bullion/coins isn't a thing in Asia. Most people buy Jewellery, and if you buy anything other than basic batch designs, you'll have to pay a "making charge" which depends on how intricate the design is.

Another way they make money is, when Jewellery gets handed down from generation to generation, people usually have it redone, and they take away about 5-10% of the gold instead of charging money.

>>28002864
Mass immigration is basically quantitative easing for the labor pool. The two go hand in hand.

>>28002611
>this isint a great yard stick to measure, but it does indicate demand
Yes but it's one of the few tools we have left to get a reasonable picture of what demand currently is

>>28003189
Unironically can't wait for Abaxx exchange to launch and break the COMEX

>>27993138
me too bro hope mines open

Think im gonna cop these today, any tips for verifying authenticity/ not looking like a retard

>>28001746
To make you think there’s a reason for them to be there.

>>28003451
Cop what anon?

>>27992229
are local coin stores a good place to buy gold and silver?

what about gold and silver coins from the US Mint website?

>>28000714
That was a great explanation.

>>28003451
Forgot pic

>>28003504
If you are a burger unironically scottsdale mint is really good premium wise.

>>28002299
thanks.
Once I have several thousand bucks worth of gold/silver I'll get a real safe that I can bolt to the wall, and maybe also rent a locker at a bank, but until then I just really love how this looks.

>>28003459
the reason is an actual insurrection

>>27993169

>>28003526
Get a set of calipers and a jewlers scale. If it meets the correct size and weight its real.

>>28003619
There was an actual armed insurrection that lasted weeks. It wasnt in Washington DC. It was in Seattle. PicRel

>>28001349
Right. Fed can print all the reserves in the world, but if banks aren't lending, no inflation. Except in the assets bought by Fed. There is no currency creation (unless banks start lending), only artificial demand for bonds, MBS etc. This created asset bubbles, as bonds do not yield enough returns just by holding it, and people/institutions started buying junk bonds and stocks. Rising yields would be extremely bearish on stock market and the economy as whole. Or would be, if Fed wasn't there.

>>28003619
post stack

>>28003570
dude that shit is like 30% more expensive than silver market price wtf

>>28003714
in a /pmg/ thread I hope you understand a coin has two sides

>>28003451
Ping tesr them. They should sound like angels singing otherwise fake. Check jewtube for technique.

>>28003782
Post a place with lower premiums then.

>>28003782
on their website? 32-33 an ounce is on the cheap side, thats what my LCS is charging for maples rn

Can you get good gold and silver deals from pawn shops?

>>28003815
Break it down for us like we're retarded. Dont leave out a single detail

>>28002591
Well, if you want to decrease the amount of debt, you increase the interest rate.

>>28003910
depends on the pawn shop now doesnt it?

>>28003906
yeah it's that much but the market price for silver is 26, how can they justify such an absurd price?

>>27999441
I dreamt that I was on a geology field trip and came across a vuggy vein of Argentite Silver ore with superior crystalline structure that was frosted with clear cerussite lead ore crystals in the vuggy areas. Sadly I awoke empty handed, but with renewed interest in staking a claim and quarrying some very nice blue steatite carving stone I found an outcrop of on BLM land several years ago. Picrel is a peace pipe carved from the material I found.

It's not as cool as a gold/silver mine but selling blocks to hobbyists and stonecarvers would still be quite lucrative. There are gem rubies and sapphires and iolites known from the general area so maybe I'll get lucky prospecting but would be happy with just the steatite.

>>28003747
in process of converting my trump coins to bidenbux with a lead on some tubmans

>>28003968
idk i've never done this before.

>>28003972
i dont know what to tell you, tough shit, the price is the price for holding real money. spot doesn't matter

Worth a watch, he is a PM fan
https://www.youtube.com/watch?v=CVK31phry4I

>>28003731
The Central Banks really are the devils that destroy the economy. The irony of the human desire of control (of the market) backfiring harder and harder every time is kind of beautiful in a way. I expect even more control down the line, look forward to CBDC's boys, we're living hand-to-mouth from now on

>>28004137
Belangp is the most reasonable bug around. Thats why is so small. I disagree with him on their being no manipulation though. JPM confessed to 100s of thousands of instances of manipulation.

>>28003856
Thx

>>28004163
How does it backfire anon? Look at the fed balance sheet. BOJ balance sheet. ECB balance sheet. Those are all real assets they bought with imaginary money and people begged them to do it.

>>28003815
are you new?
https://www.youtube.com/watch?v=OWqFauy0EiA
https://time.com/5936036/secret-2020-election-campaign/
'we live in a simulation' was never about pixels.

>>28004407
It backfires on the markets. The Fed is eating up assets and becoming more powerful. They will end up controlling the economy even more as time goes on. This leads to people becoming dependent on the government and the Fed.

>>27994007
Based coomer

>>28003960
I don't want to decrease the amount of debt, I want to eliminate debt-based currency entirely.

question for autists: how do you guys feel about cleaned coins?

I'm looking at buying pic related (cleaned) for a decent discount ($80 off AU grade, $40 off XF). my main worry isn't the cleaning itself, but that the receipt will show that it's cleaned.

I never understood the autism around cleaned coins and why it "curses" a coin. because the practice was so popular in the past, I simply assume that any coin held by american hands from about 1930 to 1960 has been cleaned at least once.

researching the subject is always a deep dive down the rabbit hole of retard-level autism that coinsmen can display. these people know very little about metallurgy and oxidation and are usually just pretentious consoomers.

PCGS themselves say that it's very difficult to detect skilled cleaning, such as gentle polishing with a soft cloth, ultrasonic distilled water baths, olive oil soaks, etc. obviously if someone took a wire brush to it, the coin should be rejected as being cleaned unskilled.

it makes me wonder how much of a meme coin grading is in general. if you're gonna view the coin under a stereo microscope, tiny scratches are to be expected in any old coin, cleaned or not.

related: artificial patinas. I've personally done this to great effect by placing coins on a bed of ash in the corner of the fireplace, rinsing them in water after a fire. much better and less dangerous than any kind of acetic acid vapor bath.

the reason for doing so was that I accidentally polished a bronze medal once when I was a stacklet, realized my mistake, and within 1 week had a perfect patina that was completely undetectable unless perhaps by PhD-level organic chemistry assays.

>>27992946
kek

>>28004283
Totally agree mate, love his work and glad you mentioned the manipulation, I saw that vid too. Maybe he means the spot price isn't totally set by manipulation, or trusts the numbers a little too much. For a calm and perceptive analysis of the overall situation though he is one of a kind.

>>28003948
>>28004454

>>28004599
Checked. How can we unironically end the debt based money system besides "Buy boomer rocks"

>>28004624
uncleaned picture. it's hard to tell online, as the greater apparent depth of the injun's cheeks could easily come from positioning the light at a slightly oblique angle.

>>28004884
finally, XF grade "uncleaned" (more realistically, undetected cleaning as with EVERY coin held in american collections for the better part of half a century)

>>28004748
everyone stops paying taxes

>>28004884
>>28005010

>>28005043
Wouldnt governments just borrow from private banks to make up the difference?

>>28000714
We need a mirror for this.

>>28005181
see >>28001454

>>27992229
Mornin all, having a coffee break. Its a balmy -30 here this morning. Time to go dig some gold up for anons.

>>28005217
that is the mirror, save a copy.

>>28004748
The only way you can reduce someone's power over you is to reduce your reliance on them. I choose to follow the path of my father and his father before him. Make yourself as independent from the system as possible, grow your own food, own a well for water and a woodstove for heat, use solar and wind for electric. Barter and trade for most transactions and use cash only when necessary. Work hard, improve things within your individual influence zone, and live a simple, debt-free life. As a bonus, living this way means you will find fulfillment and inner peace. This is not popular on /biz/, but it is the way.

>>28000227
afaik only the Danish and Swedish central banks switched to a negative rate, and then the Danish one reverted to +ve rates not long after.
ECB still hasn't implemented negative rates.

>>28004377
Some rounds sound better than others but I know for fact that eagles sound amazing.

>>28002864
So then obviously Mexico should raise its immigration 10000000% and they’ll be rich in no time.

>>28005462
Immigration doesnt make you rich. It does squeeze a bit more GDP nominal growth out to keep the system going a bit longer. Its why I always push back when people say we need immigration. Why do we need immigration? And just keep asking why. Eventually you end up at "we need growth to keep the monetary system going."

>>28005176
based and agreed, though both of those are considered uncleaned while >>28004624 is the one considered cleaned. the whole debate makes me very suspicious of the intelligence of coin collectors and their understanding of oxidation and the molecular structure of metals.

>>28004657
BelangP made a huge error here. My local dealer does $10M/year in revenue and barely exists on the radar.

>>28005413
>>28005043
>>28004748
Not paying taxes is essential. But you must do it carefully, otherwise the men with guns will put you in a cage.

>>28004624
>I'm looking at buying pic related (cleaned) for a decent discount ($80 off AU grade, $40 off XF). my main worry isn't the cleaning itself, but that the receipt will show that it's cleaned.

I don't mind cleaning if it was done skillfully, common date circulated gold is basically just old constitutional bullion so if you get it cheap you're doing fine. You don't need to transfer the receipt with the coin so I don't see any problem there.

It's a different realm but basically every Ancient coin has been cleaned. I've gotten pretty good using fine tools and a 20x binocular microscope to clean the crust and crap off Ancient bronze and silver coins, looking for cheap ugly dirty coins that experience indicates is high-grade under the encrustation is a fun way to collect good stuff cheap.

>>28005748
>My local dealer does $10M/year in revenue and barely exists on the radar.
Why is that anon? I am not as smart as him.

>>28005181
Taxes is how they maintain control over the economy. No taxes means they lost control over the economy.

>>28004683
So no argument just deflection.

>>28005252
Sup pan man! Fell asleep to that documentary you posted last night and had a nice dream I was rich. Strike gold yet bro?

>>28005908
My only point was, BelangP based his whole video on this data. this data is wrong. So all his conclusions are wrong.

>>28003617
where can i get a chest like that and is there any smaller ones

>>28006038
I see, and your local dealer is going to be one of many doing xxmillion a year not listed there too.

imagine having this reptile on one of your coins

>>28006021
well i see gold in the heading but thats not my job, i just punch holes in the face right now and wait for the blasting crew to be done. Were hoping to get 3 rounds off today now that we have more staff, finally getting work done for a change. Too bad the water lines keep freezing or we would be on the gravy train right now.

>>28005904
damn those are cool. is that double dutch rudder rare? and why crabs i wonder

>

>>28000135
>>28000194
>>28000265
>>28000396
>>28000604
>>28000714
>>28002743
>>28004599
>>28005043
>>28005413
Freedom and Liberty are within your reach. Global Bankers and Merchants want you to believe you cannot achieve this, but you can. Freedom is very close to you, all you must do is open your mind and pursue it.

>>28004454
This dude is an unbelievably retarded moron and so are you for linking this video lmao.

>>28006179
He has SDbullion at 337k revenue
337,000/1800 means SD bullion only sold 187 gold oz? Come on. The data is wrong. I bet most local coin shops do 10x that.

>>28004748
>How can we unironically end the debt based money system besides unironically ending the debt based money system

>>28006299

>>28006248
I hope you find a nugget the size of a football bro. Did you get a bunch of job applicants or something when the gold rush kicked off?

>>28006324
Another good point. And excludes silver and the other services he also mentioned

>>28006474
Pan man is hiring? Where?

>>28006425
this is based

>>27998909
https://web.archive.org/web/20210205034403/https://time.com/5936036/secret-2020-election-campaign/?amp=true

>>28005926
What's the point of even paying taxes now that UBI is being rolled out. Be under no illusions, that's what the stimulus checks are for, as well as nuking the economy with the lockdowns and forcing people on the public dole. What's the point of paying taxes when they can just print money out of thin air with infinite brrrrrrrrrrr.

>>28005963
I imagine you're not worth engaging, you seem big dumb.
the 'riot' was an obvious psyop and the reichstag fire they will use to shore up legitimacy. even a cursory look at various stats show this election to be anomalous as hell. the bell weather counties, outperforming obama, highest turnout ever, doing best in regions most known for corruption (fulton county, detroit, philly, ) etc etc
If you don't see what's going on by now you probably never will.
https://www.youtube.com/watch?v=BRZEs9BRGK4

>>28006536
Unless dealers are only counting the spread as revenue. Even still. Assuming a $100 spread that means SD only did 3370 gold eagle sales. Big doubt on that. Unless these dealers are all commiting tax fraud.

>>28006474
You know those photos of the wire gold i post often here, were seeing a lot of that in pockets of this massive quartz stockwork along with some fantastic pyrite crystal clusters too. Its a shame were not allowed cell phones when working or i would take a bunch of shots. We finally got more guys in from Quebec of all places who know what there doing and their having the trainees we got a while ago tag up with them sort of like apprentices. Now if only the weather would make up its mind we could probably get a lot more work done.

>>28006561
He's in Canada. If I didn't live in commiefornia I'd probably move to Vancouver and start prospecting with him.

>>28006246

>>28006299
>>28006389
>>28006406
End the system by ending the system. It is attainable.

>>28006697
You still need to pay taxes anon. The UBI is for the more equal farm animals.

>>28006764
Nice bro! I understand, boss man doesn't want a bunch of claim jumpers looking for his shit.

>>28005904
thanks. another point of worry is the APMEX caveat, "Your purchase will match the quality of the product shown," meaning there's no guarantee that I'll get a coin that was simply polished vs. acetone-dipped vs. whizzed.

a lot of the tests that people try to detect cleaning is a meme, for example the myth that cleaning destroys the "cartwheel" luster. my cleaned gold sovereign disproves that myth (fortunately the only gold I had when I was a naive stacklet). every test up to and including close examination with a stereo microscope seems to fail at detecting all but the most egregious unskilled cleaning.

>You don't need to transfer the receipt with the coin so I don't see any problem there
another good point, but for unslabbed coins, the receipt is a good way to prove the authenticity and pedigree of the coin.

I don't fuck with ancient coins at all because like you said, it's a completely different realm with its own rules. I do know that ancient coins are basically required to be cleaned, but they use a euphamism and call it "conserved" instead of "cleaned."

>>28005926
Taxes are a shakedown nothing more.

>>28006772
I am a leaf. Thinking about moving up to kamloops and working in mining. I mean i love metals and all my money is in mining stocks

>>28006764
Why no cellphones?

>>28006321
>emotional sap
ngmi

>>27992229
Just bought 500 grams of rhenium, what am I in for lads?

>>28006957
Bro if I lived in Canada I'd do the same. Unfortunately I live in commiefornia and want to make this place better to live.

>>28006425
this silver coin pic needs more eyes on it, aesthetic af

>>28000737
I just wish all of our boomer entitlement programs and social security came from government stock investments like what Saudi Arabia does. Would be much cheaper to keep up the ponzi scheme

>>28007087
>not praseodymium
Honestly you can’t even call yourself a stacker until you have a solid base of Praseodymium. Praseodymium has been artificially suppressed by the big banks for decades now, and they can’t keep on doing it for long. History’s largest bull run on Praseodymium is just starting, and you’re gonna kick yourself forever if you don’t get in on it now

>>28006970
Federal law, no distractions on the job site / underground. Its also company policy to not allow phones outside the common rooms and commissary, again its more distraction / risk avoidance / idiot proofing the work site. Pics here though are from Osiskos website which should do the trick anyway.

>>28006821
very nice. do you know where I can find other helpful infographics/data of this sort?

>>28007148
Yeah, but unfortunately these people are idiots who can't even balance a check book by themselves. Just look at the fucking debt.

Oh hi metal anons.

I'm not really into investing much in precious metals however I am here to show my support for a thread that isn't shilling some shitcoin by indian human bots.

They need to make a /gamble/ board for the degenerate gamblers who shit up this board.

I am yet to even see a post about starting a business or something.

>>28006957
See if New Afton is hiring mate! also check out Mount Milligan they are hiring basic staffers right now i hear, though standing around in an open pit in this weather is not on my list!
>>28007103
look up the 16 to 1 Mine and see if their hiring mate, they were operating earlier this year. Never hurts to try.

>>28004550
Exactly. How is that backfiring in any way ? That was what they set out to do, and that is what they have achieved. People will welcome it open arms as long as the gubmint promises them gibs in the form of UBI.

This will also provide more incentives for poor immigrants to move to US and EU, which will lead to more people voting for gibs. As some other anon pointed out, boomer vets will also not make too much of a noise as long as their entitlement isn't fucked with.

At this point i'm not sure if this system ever ends, I think we've lost already without a single bullet being fired.

>>28001878
I can't remember. I just know it was silver.

>>28007305
based

>>28007305
>I am yet to even see a post about starting a business or something.
Neither have I. It's all shit coins and meme stonks. I remember reading a dudes greentext from /biz/ about how he started a drug cartel and lived.

>>28006821
What happens when the IRS shows up to ask for property taxes ?

>>28007466
Now we're just arguing semantics but I think I made my point and stance on the matter clear. >>28005839 picrel is something I relate to much more than a subdued existence of living on government aid

>>28007405
>look up the 16 to 1 Mine
I'll check it out. I do not want to work on a assembly line for the rest of my life. Screencaped.

>>28006709
COPE
Biden had fantastic turnout because social media absolutely CRUSHED on his behalf. Every single platform told people to get out and vote. They made it incredibly easy to vote via mail in ballot and encouraged people to vote in every possible way. The turnout is no surprise unless you have your head buried in the sand and you ignore what's happening with normies on a daily basis. Biden played way better to classic conservatives too, people were generally sick of Trumps boorish and unprofessional behavior. Biden could be boring and underwhelming and safe and it was always going to play better to the brainwashed chimps on instagram and the retired boomers who were sick of being laughed at by the rest of the world. You can believe whatever conspiratorial nonsense you want but the reality is there are very identifiable factors in what caused Biden to win.

>>28007677
>>28006709
>>>/pol/

>>28007081
Bro that video plays like satire it's so schizo.

>>28007677

>>28007771
Report us then you crybaby faggot

>>28007875
Oh no muh feels

Remember if your not buying physicals metals then you don't really own anything other then fiat imagery metals.

>>28007942
>>>/r9k

>>28006750
I thought you might have the answer there but according to this revenue means everything not just profit
https://www.investopedia.com/ask/answers/09/how-companies-calculate-revenue.asp

>>28007103
Blue Moon Zinc has its Blue Moon Project in Cali, there are I believe there are many other old mines along strike and may be other currently operational projects in the mix there too (though I admit I don't really know too much about that)

>>28000714
Can't believe I've never seen this before. Will be good education tool for normies

>>28008001
Not intrested in fucking my sister. You should go back amongst your peers since you're so insistent. But I came here to read about prospecting and economics of metals. Not read about how Kamala has her first up Joe's ass to spew this weeks bull shit to the msm.

>>28007677
If Biden won fair and square, then why was the censorship necessary? Why did the cathedral literally deny first amendment rights to the sitting president? Go back to redd*t fag

>>28006299
>>28006821
Not saying self sufficiency isn't worth pursuing, but you can't separate from the system as it is. You'll still be paying property taxes on that land. You'll still need an income to pay it (which will be taxed).

>>28008063
Imma check this out. I actually live rather close to pic related, fuck I actually live somewhere in that pic now that I look more closely

>>28007225
I plan for gentleman-peasant mode.

>>28008232
>the cathedral
Are you a Heartiste exile?

>>28007620
IRS doesnt collect property taxes

>>28007677
TLDR. States violated their own voting laws per their individual constitutions. Null and void.

>>28007620
that's why you should have hogs.

>>28008286
I guess if you could get some entry level position in an exploration project that would be a dream start. Like a driller or something, though companies tend to want experienced drillers. Blue Moon Zinc has a drilling program in the plans, they're just securing financing at the moment. Guess you could phone/email them and ask whether they have decided on a drilling contractor and then call the contractor and ask for a position maybe? Just throwing ideas at the wall here, point is there are more projects over there too I think

>>28007875
>Report us then you crybaby faggot
famous last words

>>28008397
That term comes out the Mencius Moldbug/Michael Malice crowd. I think it pre-dates Heartiste.

>>28008473
Imma screencap your response. And yeah that sounds way better than my current option which is working on an assembly line. And fuck I really don't want to do that again.

>>28007405
Whats the pay like for skilled trades?

>>28006299
What's a good state to buy some land, about 20 or so acres ? Pro 2A and low property taxes are the main criteria. Wyoming seems good but way too inland, I would prefer to be near the coast.

>>28008082
>>28007632
>>28007268
>>28006821
>>28000714
/biz/ is seeing a massive influx of new users due to current events. We must make an effort to open their eyes to the truth of our financial system. Save these images and share them.

>>28008528
Ahh OK. That's where I first heard it, I miss 2016 when all I had to worry about was SMV...

>>28008473
>>28008680
Its likely a contractor doing the drilling for the project, see if you can get on as site staff / laborer and than work your way up from there. It blows believe me but you will work your way up the ranks quickly if your competent.

>>28008680
Let us know if it goes anywhere anon, godspeed. Would also be great to have somebody on the inside telling a little how the drilling goes over at the project, I'm very interested in the company

>>28008878
>. It blows believe me but you will work your way up the ranks quickly if your competent.
It's better than wasting my life on a shitty assembly line. I swear pan man, if I am able to do this and change my job like that I'll name my first kid after you.

>>28008953
I have to do a side job and patch dry wall tomorrow. After I do that imma look into this imidietly. My parents are worried about me going full neet and have been pushing me towards assembly line work and I see this as a new found freedom.

>>28008839
kek

>>28008701
I get around $71-74 an hour for my job but i ve got a bunch of different training / experience behind me. If your looking for a position as an underground miner your looking at between 38-41 an hour starting pay and than you get better pay depending on where you end up in the project.

I am not sure what the going rates are for the rest of the guys on site, I can ask about that later when i am off shift.
>>28009059
I ll screen cap that mate! Good luck! Also remember dont give up if they turn you down, keep bugging these projects, one of them will end up taking you on.

>>28009228
They cant offshore mining anon. They can offshore assembly line production.

>>28009228
If your parents are the resourceful type, you could tell them that you're planning to tip your toes in the mining/mineral exploration industry and you could look for potential work in Cali together for some extra family points too, two birds with one stone

>>28009307
Do you sleep in your own bed or a camp?