[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports / report a bug ] [ 4plebs / archived.moe / rbt ]

2022-05-12: Maintenance has concluded successfully. 2022-05-12: Ghost posting is now globally disabled.
2022: Due to resource constraints, /g/ and /tg/ will no longer be archived or available. Other archivers continue to archive these boards.Become a Patron!

/biz/ - Business & Finance


View post   
View page     

[ Toggle deleted replies ]
File: 3.04 MB, 4128x2322, 20200605_184716.jpg [View same] [iqdb] [saucenao] [google] [report]
19554366 No.19554366 [Reply] [Original] [archived.moe]

>Bullion dealers
https://www.apmex.com/
https://www.boldpreciousmetals.com/
https://www.bgasc.com/
https://www.gainesvillecoins.com/
https://www.jmbullion.com/
https://www.providentmetals.com/
https://www.silvertowne.com/
https://sdbullion.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://www.sprottmoney.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://www.goldenstatemint.com/
https://goldsilver.be/en/
https://www.muenze-berlin.de/
https://www.hollandgold.nl/
https://www.europesilverbullion.com/
https://www.celticgold.eu/en/
https://www.muenzeoesterreich.at/eng/

>Constitutional/"junk" silver info
https://www.jmbullion.com/ultimate-guide-to-90-silver-coins/

>Compare
https://findbullionprices.com/

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

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

>Prospecting
https://www.youtube.com/watch?v=ZCL6FKQZyoM
https://www.usgs.gov/energy-and-minerals/mineral-resources-program/science
https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/mt-faqs/faq_fmc.pdf
https://www.mndm.gov.on.ca/en/mines-and-minerals/mining-act
https://www.amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Test
Nitric Acid
https://www.youtube.com/watch?v=3mg9YcAShTo
Magnets
https://www.youtube.com/watch?v=NgSXg-WOEVY
https://www.fakebullion.com/index.php/resources/fake-bullion-database
https://www.fakebullion.com/index.php/resources/identifying-fake-bullion

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

>> No.19554373
File: 2.93 MB, 4128x3096, 20200605_175614.jpg [View same] [iqdb] [saucenao] [google] [report]
19554373

Housewife status: momentary relief

>> No.19554392

>>19554366
I'm trying to find a Yukon Cornelius plushie like that and all i can find is crappy ones don't look near as good as yours.

>> No.19554431
File: 3.00 MB, 4128x3096, 20200605_175622.jpg [View same] [iqdb] [saucenao] [google] [report]
19554431

>>19554392
Thanks, it was a stocking stuffer from my sister 2 or 3 Christmases ago. I'll get you the UPC in a minute.

>> No.19554468
File: 1.06 MB, 2000x1500, IMG_4311.jpg [View same] [iqdb] [saucenao] [google] [report]
19554468

Bought some shitty condition Kangaroos, but price was exactly for spot so why not.

>> No.19554481

>>19554468
yeah i dont like images of "royalty"
but for spot price i would have bought them too.

>> No.19554482
File: 2.48 MB, 3188x2104, IMG_4300.jpg [View same] [iqdb] [saucenao] [google] [report]
19554482

Also some soviet coins went into my capitalist treasure.

>> No.19554486
File: 2.64 MB, 4128x1908, 20200606_084607.jpg [View same] [iqdb] [saucenao] [google] [report]
19554486

>>19554392

>> No.19554521

Good time to sell, surely?.. oh wait. All the dealers are closed.

>> No.19554531
File: 33 KB, 550x545, china.jpg [View same] [iqdb] [saucenao] [google] [report]
19554531

>>19554486

>> No.19554550

>>19554486
thanks fren

>> No.19554731

>>19554521
>selling a dip

A true /biz/nessman.

>> No.19554949

>>19554521
Only if you're in an area full of faggots, the lcs in my area still opens today.

>> No.19555505

>>19554482

nice anon, how'd you get your hands on these? Are they hard to find?

>> No.19555642
File: 228 KB, 1900x1486, 1537287385089.png [View same] [iqdb] [saucenao] [google] [report]
19555642

I'm channeling all my brain power through occult rituals for the price to tank super hard next week, so get ready to buy just in case it work, who knows... It could the last opportunity to buy cheap gold&silver before the supertanker reality awaiting us.

We all are GMI frens, i can feel it deep down!

>> No.19555691

>>19555505
Apmex had them for a while before all the retards panick bought.

>> No.19555750

>>19555505
Also no, not too hard to find.

>> No.19555951
File: 3.01 MB, 4032x1960, 20200602_225146.jpg [View same] [iqdb] [saucenao] [google] [report]
19555951

I had a Plat and Gold American Eagle in my cart last night, and 10x 10oz random silver bars from gold and silver bull, only problem is I want Plat in 2017 and gold in 2019 so I can give them to my kids on 18th bday. Is there any way they'd pick specific ones out?

>> No.19556011
File: 157 KB, 1140x855, The Washington - 1 Pound $1000 Silver Certificate -. 999 Silver - 16 Oz.jpg [View same] [iqdb] [saucenao] [google] [report]
19556011

>>19554366

previous >>19531444

>> No.19556140
File: 26 KB, 400x400, eKcbqXtF_400x400.jpg [View same] [iqdb] [saucenao] [google] [report]
19556140

Does anyone else watch this guy's channel?

>> No.19556590
File: 792 KB, 497x684, 1797 fiat money inflation in france.png [View same] [iqdb] [saucenao] [google] [report]
19556590

>>19556140
yeah he puts out some good reading lists and daily updates.
defo worth checking out
https://www.steem.buzz/markets/@maneco64/the-global-monetary-crisis-will-be-a-dollar-crisis-say-peter-schiff

>> No.19556653

>>19556590
What are they doing there? Burning money?

>> No.19556695
File: 2.79 MB, 4032x3024, 31DC94F8-A170-46E7-83A2-B24C6F14FF49.jpg [View same] [iqdb] [saucenao] [google] [report]
19556695

>> No.19556715

>>19556695
Even got a gorilla coin in there lmao

>> No.19556746

>>19556715
That’s a Congo mint coin I found at my LCS

>> No.19556752
File: 35 KB, 500x352, 1590094114851.jpg [View same] [iqdb] [saucenao] [google] [report]
19556752

>>19556746
That's a harambe coin sir.

>> No.19556821
File: 1.84 MB, 3264x2448, 20200604_202221.jpg [View same] [iqdb] [saucenao] [google] [report]
19556821

1/10 oz libertad, with Mexico being so close to the United states, it's a shame we can't get more of these coins more easily.

>> No.19556849
File: 2.14 MB, 4032x3024, 8807AA3A-D2C2-45BB-9726-8CB168283385.jpg [View same] [iqdb] [saucenao] [google] [report]
19556849

1/10 oz eagle

>> No.19556877

>>19556140

maneco64 is the rational man in all of us. let his wisdom and experience shape your views. he is the smart alternative to schiff. there is also the channel owned by Belangp that is full of knowledge.

https://youtu.be/LA2Yr6NoZyA

this is the basically what the smart money is doing right now. edging assets to survive a tumultuous time.

>> No.19556896

>>19556849
Eagles are always nice, it shocked me how small the libertad is conpared to the .900 fine coins, I'm not used to .999 coins.

>> No.19556959

Planning to buy a few coin tubes on Monday, anything wring with getting all phils and krugs?

>> No.19556982

>>19556959
No. Personally I'd get all philharmonics, I don't like coins with people's faces on them.

>> No.19556984

>>19556959
ive got some silver Phillies and silver krugs on the way. was a decent price on jmbullion. i think they look good

>> No.19557054
File: 1.00 MB, 2016x1512, Resized_20200606_105040_5585.jpg [View same] [iqdb] [saucenao] [google] [report]
19557054

>Pompf!
posting same old stack. just rearranged for the /pmg/ comfy blanket edition

>> No.19557088
File: 1.86 MB, 3264x2448, 20200605_111141.jpg [View same] [iqdb] [saucenao] [google] [report]
19557088

>>19557054
Nothing wrong with that, it's not easy to buy a bunch of new shit right now.

>> No.19557110

>>19556653
I believe they are destroying the printing presses, punches, dies and assignats used for making currency and burning them on the 'Place Vendome'
The small book/article 'fiat money inflation in france' well worth a read. Events now mirroring the fed and central banks today are uncanny such as the gambling opportunist 'stock jobbers', misdirected public anger lynching business owners and the like, price fixing and both financial and moral corruption of French society as of the result of excessive fiat money printing.

>> No.19557131

Gold was fucking gutted this month, but if this is the new bottom, I welcome it.

>> No.19557160

>>19554366
Silver is DEAD on arrival. RIP

>> No.19557168

>>19557131
The kikes have a lot of paper contracts and can make more. Get comfy.

>> No.19557183

>>19557088
yeah. i recently tried to buy a kilo bar from Kitco, but some crap with my billing/shipping addresses wouldnt let me buy. was a good deal too.
same thing happened at another popular bullion dealer recently.
rn ive got 3 or 4 sites i been able to successfully buy from so i just keep going back to them

>> No.19557264
File: 111 KB, 3812x712, sellingatbankdirectly.jpg [View same] [iqdb] [saucenao] [google] [report]
19557264

>>19557160

funny how pic related is not discussed more here. i dont think Toronto Dominion ever advertised their precious metal banking options to the general public its quite interesting. those assets just got thousand time more liquid !

>> No.19557327

>>19556959
Phils are the betas of government coins. Austria has a badass coat of arms and they put on some goddamn violins instead.

Krugs are supporting Zimbabwe 2.0

>> No.19557388

>>19557110
>fiat money inflation in france

Looks interesting, you can download it here https://mises.org/library/fiat-money-inflation-france

>> No.19557422
File: 133 KB, 1448x691, rrr.jpg [View same] [iqdb] [saucenao] [google] [report]
19557422

>>19557388
>https://mises.org/library/fiat-money-inflation-france

interesting...

>> No.19557493

>>19557422
Trump is basically Napoleon reincarnated.
Dont worry guys, everything will be great

>> No.19557814

>>19556140
I try to watch him at least once a week. Really chill videos and good advice that's level headed and not sensationalized.

>> No.19558197

How's everyone doing today? Weathers shit but I ve been digging, got another 9 grams of gold yesterday, but getting back to camp is such a chore with everything being a sloppy mess. Don't think I ll go out today, its comfy here.

>> No.19558282
File: 250 KB, 2048x1536, 101708095_251109516146390_1862435709545432402_n.jpg [View same] [iqdb] [saucenao] [google] [report]
19558282

>>19558197
fuck photo didn't post first time.

>> No.19558291
File: 62 KB, 861x891, 1590873950624.jpg [View same] [iqdb] [saucenao] [google] [report]
19558291

>>19558197
Do you sell most of the gold you dig up?

>> No.19558366
File: 1.78 MB, 964x822, 1589562773879.png [View same] [iqdb] [saucenao] [google] [report]
19558366

>>19554481
>i dont like images of "royalty"
I dare say this chap shan't "make it"

>> No.19558386

>>19558366
should have been guillotined side by side with all of his relatives and offspring long ago.
how the cucks of those countries tolerate this is beyond me

>> No.19558435
File: 1.70 MB, 1164x668, 1591395558907.png [View same] [iqdb] [saucenao] [google] [report]
19558435

>>19556140
>>19556590
>>19556877
>>19557814
the IMF has no right to exist

>> No.19558463

>>19558366
Pedophile sympathizer

>> No.19558534

>>19558386
The elected politicians and their (((backers))) are the problem not a family kept around for tradition.

>> No.19558545
File: 35 KB, 600x400, 68j05jbcxgb21.jpg [View same] [iqdb] [saucenao] [google] [report]
19558545

>>19558282
Do you sell most of it or not?

>> No.19558572

>>19558291
>>19558545

this year I sold most of it so I could afford a bunch of new gear for a drilling project to do with my hard rock claims. I keep most of the bigger nuggets though, there a fun bonus. Fine gold becomes kind of a pain in the ass, if you drop a vial of that stuff it goes everywhere and you end up panning your floor grit for weeks.

>> No.19558607

>>19558534
not what i said. doesn't matter. point still stands

>> No.19558629

>>19558572
What kind of gear? How much were you looking to spend on your latest venture?

>> No.19558642

>>19558607
Its a stupid point, its a tradition most people like and they generate millions for the country, far more than they cost. They have no power, no reason to get rid of them.

>> No.19558660

>>19555505
I am in europe here they are common, yet its not common to see them for a low premium (>2%)

>> No.19558662

>>19557088
Whats the silver content of those modern quarters?

>> No.19558756

>>19558642
>no reason to get rid of them.
cuckfag

>> No.19558760

>>19558629
I went and got an "X Ray" Diamond drill and its auxiliary gear from an equipment auction over the winter. Its not fancy, but all together cost about $25,000. Whats really expensive are the government permit bonds, I don't have the exact numbers in front of me, but I think so far I ve put up almost $300k, but I get that money back plus interest when I am done my cleanup work. I ve hired a bulldozer and a few hands for the project, 2 experienced drillers and a friend to help get the holes done. I am only planning on doing three holes this fall, thats all I can afford, but I am hoping with those, if the results are good, I can get a major company interested in the property and maybe lease it out.

>> No.19558891

>>19558662
90%

>> No.19558901

>>19558760
Do you have investors or something?

>> No.19558908
File: 2.04 MB, 2000x1500, IMG_4325.jpg [View same] [iqdb] [saucenao] [google] [report]
19558908

Which gold coin should I buy in June?

>> No.19558919

>>19558908
You have any LINK?

>> No.19558935
File: 62 KB, 368x504, 80413934_1730142357116641_1593753902736474112_n.jpg [View same] [iqdb] [saucenao] [google] [report]
19558935

>>19558760
The reason I am going all in on those claims is the assay results of the samples I picked up last year and this spring, some of the ore was incredible, 20-300 grams per tonne silver, 5-90 grams per tonne gold, also massive lead zinc numbers too. I don't have to move much over borden off the surface, the rocks on surface, very easy to trench or slab saw samples off of. But I need to find out if the veins go to depth, if they do I am set. If not than o well, I could probably dig the highest grade stuff myself and make some money that way too.

>> No.19558977
File: 104 KB, 378x504, 66798096_2390838737644335_7637202522377027584_n.jpg [View same] [iqdb] [saucenao] [google] [report]
19558977

>>19558901
I have a friend who's put up half of the bond money, hes the logger how located the spot by accident a year ago while road building. Other than that no its almost all my own money. I am not worried though, even if it doesn't pan out, we get the bond money back once the gov gets photos that we didn't leave the area a mess.

>> No.19559018
File: 100 KB, 750x863, 1585639498531.jpg [View same] [iqdb] [saucenao] [google] [report]
19559018

>>19558919

>> No.19559037

>>19558908
Could you purchase 1 or more ducats so that i can compare the size to the others? I can only afford 1 ducat per week but hesitant because i need to save up for a bit for now, i am planning to buy atleast 5-10 in he future.

>> No.19559041

>>19559018
Going to take that as a no?

>> No.19559093

>>19558977
That's cool man, I hope you make a good return on your investments and hard work, I think I'd love that kind of work, reminds me of world of warcraft lol

>> No.19559099

>>19559037
I could but i am honestly not a fan of the ducats,
here you can find more info and size comparison
https://www.scheideanstalt.de/muenzkatalog/goldmuenzen/oesterreich/dukaten/

>> No.19559130

>>19559093
Its fun hard work. Either way I have to wait til late summer / fall to get this going, everything is permitted, planned and stored for the job, its all up to the weather now. In the mean time I am checking out new placer claims.

>> No.19559139

>>19558977
what are you gonna do if you ever "make it" pan man? how would you spend your time/money?

>> No.19559145
File: 1.95 MB, 3264x2448, 20200131_165435.jpg [View same] [iqdb] [saucenao] [google] [report]
19559145

>>19559099
So you're a ducat hater and a no linker?

>> No.19559149
File: 83 KB, 570x444, buy my link.jpg [View same] [iqdb] [saucenao] [google] [report]
19559149

>>19559041
>please help pump my vapourware shitcoins
desperate cryptoids

>> No.19559170
File: 359 KB, 1024x768, 1590411714912.png [View same] [iqdb] [saucenao] [google] [report]
19559170

>>19559149

>> No.19559171

thoughts on vrenelis?

>> No.19559225

>>19559171
my no.1 choice, sadly premium in my proto-islamic shithole country is 8% or higher now

https://www.swissmint.ch/d/downloads/dokumentation/numis_beri/VRENELI.pdf

here pdf with info about it, last page shows mint numbers per year

>> No.19559248

>>19559139
I would keep digging. I love this lifestyle. I have a house thats paid for, I am free to wander as I please.

However, I really do want to stash a huge chunk of gold ore / bullion somewhere like that Forest Fen treasure for people to look for. That would be perfect.

>> No.19559250

>>19557054
Nice, how long it take you to get to that and do you know your average per oz?

>> No.19559265
File: 8 KB, 210x210, 22778_Obv.jpg [View same] [iqdb] [saucenao] [google] [report]
19559265

Fugg I just want a bunch of gold!!! Why is it so damn hard to get money!?!?!?

>> No.19559277

>>19559248
How old are you? How do you already have a house?

>> No.19559288

>>19559277
I am in my late 30s. Placer gold paid for my house / vehicles.

>> No.19559312

>>19559288
>>19559248
absolute legend.

>> No.19559319

>>19558908
Hnnnnnnng

>> No.19559337
File: 43 KB, 450x253, ganges_16x9.jpg [View same] [iqdb] [saucenao] [google] [report]
19559337

>>19559288
Hahaha you're old!!!! Good for you.
Maybe one day you can take a vacation to india and pan the ashes of dead poos for gold.

>> No.19559436

>>19559337
you couldn't pay me to put my hands near the Ganges.... I am never sluicing sewage again.

>> No.19559565

>>19559288

What got you into this, I've only been lurking /pmg/ threads for like 3 months now, but I often look for your advice and tips. Any beginners guide that got you into this?

>> No.19559641
File: 25 KB, 663x442, 1583197590501.jpg [View same] [iqdb] [saucenao] [google] [report]
19559641

>>19559436
> again

>> No.19559696
File: 3.84 MB, 4128x2322, 20160616_122401.jpg [View same] [iqdb] [saucenao] [google] [report]
19559696

>>19559565
Its fairly easy to get into prospecting, its mostly lots of research and foot work. You need to be physically fit, willing to travel to the middle of nowhere and have no human contact for weeks at a time, or be stuck in the middle of no where with a crew of idiots you want nothing to do with. Most guys get into it through other work, say as geo techs or drillers / heavy equipment operators. There is a lot to learn, and to be honest its not for everyone. Most people do it as a hobby only. If you want to start, read up on your local area, and see if it has history of gold or other resources.

>> No.19559756

>>19559696
Is it possible to be able to get 4-5 grams a day while doing it as a hobby?

>> No.19559801

>>19559696
I'd be happy if I could get a tenth ounce per day.

>> No.19559809

>>19559756
Yes but your limiting factor is your location. If the ground only has a few cents of gold per yard your not going to get much hand working.

>> No.19559936
File: 228 KB, 831x799, 1577507519316.png [View same] [iqdb] [saucenao] [google] [report]
19559936

>>19559809
Dammit I just want the gold!!!!!

>> No.19560004

Anyone know anything about miners? I have a nice stack of silver and gold so I want to spend my current money on some mining stocks.

Whats the top 4 picks you guys like? Been reading some of these threads and there are a lot mentioned.

>> No.19560021

Have bought nothing new this month, except a few Neca figures. Gonna hold some cash and wait until the 1st of next month, feel the markets a bit.

>> No.19560031

I am in desperate need of hopium anon. Plz tell me what 160oz of silver, 30$ FV in junk and 1.25oz of gold will get me :’(

>> No.19560057

>>19560004
I havent been up to speed on stocks for a while, been in the bush a lot, but Pretivm is a good buy for stocks. Skeena Resources too.

>> No.19560126
File: 49 KB, 512x399, gold to housing ratio.jpg [View same] [iqdb] [saucenao] [google] [report]
19560126

>>19560031
Approximately the same about of goods and services it will get you today. Precious metals do not moon, they simply retain their purchasing power unlike fiat. Sure the cycle is turning and purchasing power will also rise, maybe even 2x or so. But anyone who thinks they're buying a fucking house with a few ounces in the future is completely deluded. It's like 133 oz of gold for a median house today, maybe that'll go down to 100 oz in the future. Are you planning on stacking 100 oz of gold? Good luck with the 5% off the top when you sell and 20-28% capital gains tax on top of that too lol

Pic related is the truth nobody wants to hear

>> No.19560207

>>19558572
>if you drop a vial of that stuff it goes everywhere and you end up panning your floor grit for weeks.
I'm surprised you don't keep a blowtorch around to melt all of the dust and flakes into a blob.

>> No.19560245

>>19560207
issue is none of the guys I sell gold too want it refined. They want gold dust so they know you havent tampered with what your giving them, they do the melting themselves.

>> No.19560279

>>19558935
>5-90 grams per tonne gold
That's terrific if it occurs regularly on your claim. I hope this sets you up for life.

>> No.19560318

>>19559641
I read some years ago that the sewage in the wealthiest parts of Tokyo actually had a lot of gold in it as very wealthy people would eat desserts decorated with very thin sheets of pure gold.

>> No.19560319
File: 49 KB, 498x573, 1585834311407.jpg [View same] [iqdb] [saucenao] [google] [report]
19560319

>>19560126
>Are you planning on stacking 100 oz

yes

>> No.19560341

>>19560126
Ngmi doomer

>> No.19560357

>>19560279
yes if it keeps going like that to depth than the ground would be worth a fortune. But I ve seen this before, amazing results near surface, than it peters out. Thats why I have to drill. I have to say too though that was the best sample I got last fall, 90 grams gold. I do not expect it to be that crazy across the whole area.

>> No.19560364
File: 172 KB, 686x526, 1579948960168.png [View same] [iqdb] [saucenao] [google] [report]
19560364

>>19560318
https://youtu.be/59j0qw0L6UA

>> No.19560391
File: 33 KB, 410x357, 1584409688124.jpg [View same] [iqdb] [saucenao] [google] [report]
19560391

>>19560319
What other assets do you have?

>> No.19560407

>>19560245
Really? That sounds insane. I'm not even talking about refining. I'm talking about melting the gold and whatever other metals exist into a larger blob so that it's easier to handle. The buyers can still melt it down themselves to quickly test it and, of course, it needs to be refined to the proper fineness.

For a dishonest person, this sounds like an ideal "opportunity" to sell a lot of powdered Chinesium to the refiners if they're using form factor (eyeballing) as a means of quick assay.

>> No.19560441

>>19560357
>I have to say too though that was the best sample I got last fall, 90 grams gold. I do not expect it to be that crazy across the whole area.
:) You could start your own BRE-X Minerals!

>> No.19560507

>>19560407
There are buyers that take the simple smelted gold, but they are 7 hours drive away. If I want quick cash I ll take gold to the local buyers, but they only want raw gold.

>> No.19560526

>>19560391
currently about half a million USD in stocks and a 25.000USD apartment

>> No.19560639

>>19558642
>They have no power
imagine being so bluepilled, jesus christ.... fucking stupid goy.

>> No.19560693
File: 3.01 MB, 350x193, 1562511661766.gif [View same] [iqdb] [saucenao] [google] [report]
19560693

>>19560526
NGMI

>> No.19560703

>>19560245
fuck that should read unrefined why does spell check hate me.

>> No.19560721

>>19560057
thoughts on pure gold or did I miss that window?

>> No.19560748
File: 10 KB, 150x150, unnamed (3).jpg [View same] [iqdb] [saucenao] [google] [report]
19560748

>>19560693
ok

>> No.19560749

>>19559139
Hmm, alright.

>> No.19560753

>>19560721
there very good, I cant check their stock my internets shit out here but their Red Lake project was looking good before I went out.

>> No.19560824

>>19560126
already knew this fren.
when PMs "moon" it likely means the dollars is tanking so if silver goes to $1000/oz., a loaf of bread would be $20+

>> No.19561277

>>19558908
Very nice stack. Just got a 20 Corona in last week, myself.

>> No.19561307

>>19554366
Think I’m gonna sell my 85 shares of IVR and put that into either Yamana or Barrick. Any thoughts?

>> No.19561472

>>19561307
I normally tell people not to go with Barrick, but go with them. None of the law suits against them are going to stay, they may be scummy but they make a lot of money. Pretivm is also a good option, Novagold too.

>> No.19561507 [DELETED] 
File: 110 KB, 1280x720, gsurg.jpg [View same] [iqdb] [saucenao] [google] [report]
19561507

This pullback which we just had in gold is going to be the last one. Soaring precious-metals prices are imminent.

The yield on the ten-year treasury has already risen to 0.90%. This means that, in spite of trillions of dollars in money-printing so far, the Fed still can't keep interest-rates down. They now have two choices:

1) Let interest-rates continue to rise. This is impossible. If the Fed lets them get to even 5%, the stock market collapses, owing to the size of the debt. Even raising rates to 1 or 2% crashed the markets last year, forcing the Fed to lower than again.

2) Impose a formal cap on rates and print the currency into oblivion to keep them down.

The Fed is going to take the second choice, imminently. Once that happens, the bond market will crash, because investors will know that real yields on bonds are going to be something like -10%. There will be a max exodus into gold and silver, and junior mining stocks will go up twenty-fold.

Remember, the coronavirus hoax is the excuse, not the reason, for the crashing economy. The economy was already crashing long before. The dichotomy which I present, to inflate or to default, is the reason why gold had already risen from $1200 to $1500 before the lockdowns started. Investors know what is coming.

>> No.19561552

>>19561472
Honestly I am much more invested in oil and energy than metals, but Barrick and Yamana seemed to be the best bang for your buck stuff to buy and hold onto until things explode again, especially Yamana. I know people here preach about silver, but is there any other stuff I should keep an eye on? I feel like metals are starting to become a better and safer investment by the day.

>> No.19561558
File: 110 KB, 1280x720, gsurg.jpg [View same] [iqdb] [saucenao] [google] [report]
19561558

This pullback which we just had in gold is going to be the last one. Soaring precious-metals prices are imminent.

The yield on the ten-year treasury has already risen to 0.90%. This means that, in spite of trillions of dollars in money-printing so far, the Fed still can't keep interest-rates down. They now have two choices:

1) Let interest-rates continue to rise. This is impossible. If the Fed lets them get to even 5%, the stock market and the government collapse, owing to the size of the debt. Even raising rates to 1 or 2% crashed the markets last year, forcing the Fed to lower than again.

2) Impose a formal cap on rates and print the currency into oblivion to keep them down.

The Fed is going to take the second choice, imminently. Once that happens, the bond market will crash, because investors will know that real yields on bonds are going to be something like -10%. There will be a mass exodus into gold and silver, and junior mining stocks will go up twenty-fold.

Remember, the coronavirus hoax is the excuse, not the reason, for the crashing economy. The economy was already crashing long before. The dichotomy which I present, to inflate or to default, is the reason why gold had already risen from $1200 to $1500 before the lockdowns started. Investors know what is coming.

>> No.19561664

>>19561558
Based.

>> No.19561667

>>19561558
rate is at 0 what are you on about
bond yield has nothing to do with the feds intrest rates, it just means the price of Tbonds dropped

if they wanted to, they could just start buying bonds and push yields down but they dont have to because stocks are rising despite yields going up and the gov can still service its debt, when stocks eventually plunge then, maybe we will see yield curve control but they haven't even started that now

>> No.19561676 [DELETED] 

>>19561552
I am not up to date right this minute so do a bit of your own research but I would look into palladium and rhodium. Rhodium was going bonkers because supply was being outstripped by production for two years in a row. Gold will be going higher soon too because as the poster above explained.

>> No.19561703

>>19561558
Logical. The market will follow logic eventually, the pullback may last longer than seems possible though.

>> No.19561758
File: 5 KB, 250x200, 000000000.jpg [View same] [iqdb] [saucenao] [google] [report]
19561758

>>19561558
Sorry fren, but you have no fucking clues about how things work. If the IR are slightly above 0, it's done on purpose, to suck up the foreign investors capital.
Why do you think the USD is currently so strong, no matter if $990K are printed literally every second? and why are the US stonks mooning? That's only because all the others central banks have either a negative or ZIRP (zero interest rate policy), so all the foreign cash is flowing toward the only place on earth where you don't lose money for holding onto cash/bonds : the US.

>> No.19561787
File: 121 KB, 2560x1440, treasury.png [View same] [iqdb] [saucenao] [google] [report]
19561787

>>19561667

There are two kinds of interest-rates, the short-term ones (which are already set at 0%) and the rates in the bond market. The ones in the bond market are the ones which I am talking about in my post. The Fed has printed trillions in Q. E. to drive down long-term rates, and it isn't working. They are soaring every day. This is because, at this point, almost nobody wants U. S. bonds. If rates go any higher, the stock market will crash, which means that the Fed _has_ to cap them. As a consequence, bonds will no longer be a safe haven, since inflation will make real rates plummet to something like -10%, and there will be a mass exodus from the bond market. The debt will be completely monetized. Gold and silver will become the only safe havens for investors. There is no way for the bankers to escape this fate.

>> No.19561816
File: 452 KB, 1125x876, 6D6A9B4A-10AC-43C6-A917-511F6A088E14.jpg [View same] [iqdb] [saucenao] [google] [report]
19561816

>>19561758
have you looked at USD index lately?

>> No.19561832

>>19561758

The strong dollar narrative is quickly collapsing. Dollar index has already dropped to 96.95.

IR rising to 0.90, after 5 trillion printed to suppress them, implies that the bond market is an absolute disaster. There will be a stock market crash if they go any higher. They _must_ be suppressed.

>> No.19561978

>>19561787
wtf are you talking about, are you talking about the coupon rate?
the coupon is fixed by the goverment and doesnt change
and the bond yield isnt a rate, its the hypothetical return from holding a bond to maturity and is based on the current price of bond
the whole point of dropping yield is to get investors out of bonds anyway and investing in other instruments, thats why they call it stimulus, its supposed to ''stimulate''' the economy by forcing people to dump bonds, so what your saying will have the exact opposite effect

as yield goes up it attracts MORE investors into bonds not less, more return = more investors

>> No.19562026
File: 169 KB, 646x700, 1563503486497.png [View same] [iqdb] [saucenao] [google] [report]
19562026

>>19561787
>Gold and silver will become the only safe havens for investors. There is no way for the bankers to escape this fate.
My body is so fucking ready bro. I wait for this moment since years.
Can't wait to swim in teenager pussies

>> No.19562044
File: 3 KB, 125x112, 1585462143251s.jpg [View same] [iqdb] [saucenao] [google] [report]
19562044

>>19559248
based and gold pilled

>> No.19562164

>>19561978
so what's the downside of us treasury note yields crashing to zero or going negative? is there one? Does that affect equities at all?

Also what do you think the fed are going to do on wednesday?

>> No.19562422
File: 50 KB, 956x517, Capture.jpg [View same] [iqdb] [saucenao] [google] [report]
19562422

>>19561558
Gold actually reached it's peak in 25 years this season. Crazy.

>> No.19562472

>>19562164
there are no downsides, it just means investors are willing to loan the government capital at no return (or willing to pay the government money to loan them capital when yield is negative), this happens when a lot of investors dont want higher risk investments when theres uncertainty in the economy, so a drop in yields are often a bad sign for equities and signal a risk-off sentiment among investors, although this only happens in an organic bond market

in an organic market theres a constant flow to equilibrium between price and yield, when price drops it causes yield to go up, as yield goes up more investors buy bonds which causes the price to go up which drops yield and it goes back and forth like this to create the bond market. Although now central banks are struggling to 'stimulate' the economy, so one stratagy of QE is to start buying up bonds to push up their price which causes yield to drop below the natural yield and is supposed to push investors out of bonds and investing into the economy, although its anyones guess where this capital ends up (probably just floods to stocks).

havent got a clue what the fed will do but I think eventually they will anounce a negative funds rates, this would (in theory) force banks to invest more instead of keeping deposits but I cant imaging how thats going to work given the dollar is the reserve currency

>> No.19562523

>>19562472
all this manipulation, false this and artificial that, it all just sounds like a massive web of lies and deceit

>> No.19562613
File: 46 KB, 947x512, silber.jpg [View same] [iqdb] [saucenao] [google] [report]
19562613

>>19562523
I don't know the specifics but i believe some people here speculate some bank owners or whatever own a ton of pm's, enough to suppress the prices.
Apart from that looking at the silver chart of the past 25 years makes some sense since that is when the tech boom happened hence needed cheap silver to mass manufacture all the stuff people use daily now.
I'm guessing the gold in the gold chart boomed post 9/11 and the rising skepticism in american banks/gov.

>> No.19562616

>>19562472
ah thnx man. I knew that yield was inversely correlated with bond price but that was about it lol. If the fed is trying to lower the yield rates and inversely raising the price artificially isn't that also a bubble? Is that why there are talks of capping the treasury yields b/c they want to stop investors from panic selling bonds and driving the price down/raising the yields?

I'm just trying to figure out if there's going to be a pullback on equities and how bonds dynamics can affect or precede moves in equities.

>> No.19562729

>>19558197
surprising, now here in the Midwest, its 90 degrees, thats what 32c. I doubt we could keep a mud puddle if we tried lol

>> No.19562764

>>19561978

>as yield goes up it attracts MORE investors into bonds not less, more return = more investors

This is precisely why the stock market will crash if yields go up any further. The more risk-free reward you offer, the fewer people go into stocks. The stock market is so weak and driven by debt that even a miniscule rise in long-term rates causes it to tumble down. This is why the market crashed in late 2018, when the Fed attempted to raise rates, and why gold began its present bull market. They can only cap rates by means of enormous inflation now. Inflation, along with a formal cap in yields, mean that real yields will drop well into negative territory. Negative real yields mean that the bond market will crash, and gold will soar.

>> No.19562800

>>19562729
My claims are all high country and in coastal ranges. Lots of rain this time of year and it can still randomly still snow too.

>> No.19562805

>>19558935
that blue is so bright, it makes the green pale in comparison. but thats a beautiful rock anon

>> No.19562901

>>19562805
the whole rock face looks amazing too! I am looking for my photos for a short vid i did of one of the out crops that was just stunning.

>> No.19562923

>pretium
>pure gold
>skeena

Any other good miners to get into? Newmont? Alio? Hecla? First Majestic? And others

>> No.19562975

>>19562923
I would give you a list with links but my Internets going bad, I am sure others here can help too.

>> No.19562980
File: 2.94 MB, 2778x3992, 20200606_034238.jpg [View same] [iqdb] [saucenao] [google] [report]
19562980

>>19562901
nice i'm working tonight so I will be here if you find it.

pic is my updated pirate chest, still supporting the weight despite it being shitting plywood lol

>> No.19562985
File: 131 KB, 872x964, 1565645148542.jpg [View same] [iqdb] [saucenao] [google] [report]
19562985

>>19561558
When both stocks and bonds start falling together, that's when it really begins

>> No.19563026

>>19562985
its hard to say, I think we'll see a few more dips, but nothing like march. even though wave 2 of the flu is coming...
I think we are almost to the point where the prices are just going to start creeping up, a dip then higher highs and higher lows...

>> No.19563168

>>19562523
well yes, once you start guiding the free market where it doesnt want to go it inevitably just leads to more problems down the road with greater force

thankfully, or unfortunately, central banks are close to a liquidity trap

>>19562616
its not really a bubble because bonds will always self adjust, so when the fed creates artificial demand it crowds out genuine demand, so essentially demand on the private side will just fall in reaction to this new demand and the overall demand doesnt change that much, its the market environment that determines demand, it doesnt care if its a real person or the fed

what people are talking about is yield curve control, this is probably the most extreme it will get and is specifically aimed at keeping yield down for a promised amount of time. Obviously to do this you would need to endlessly buy bonds, so far they only bought bonds within the approved amount they are allowed to spend and dont exceed that, yield curve control would mean endless buying and endless printing and will probably not be done for obvious reasons, japan got away with because they are struggling with deflation, this isnt the case in the us

>>19562764
yield will go down if more people buy bonds, the reason yield is where its at today is because investors already prefer to be in other investments other than bonds, high yield is a reaction of investors going out of bonds, if stocks crash no doubt you will see yield drop as investors flood into bonds again. Gold will go up regardless in either case

>> No.19563290

>>19563168
if they cap it with yield curve control, doesn't that exacerbate the liquidity trap you alluded to? already with low interest rate, if bond yields don't look promising b/c of the cap, investors will sell and hoard cash or move to gold/silver

>> No.19563316

>>19563168
>if stocks crash no doubt you will see yield drop as investors flood into bonds again
Unless the dollar is falling as well. That's the real crash, when stocks are going down AND bonds are going down because the currency itself is going down, so fiat treasuries are no longer a safe haven. Of course there's dollar milkshake theory and all that, maybe it won't come to pass for several years, but it's coming. We can't continue to not produce shit and take advantage of other countries by giving them bogus IOUs forever. It'll come home to roost at some point

>> No.19563372
File: 1.47 MB, 766x777, 1591035009470.gif [View same] [iqdb] [saucenao] [google] [report]
19563372

>>19561787
when will the mass exodus happen?

>> No.19563379

>>19563316
when ppl are saying bonds are going down, are they talking about yields or bond prices? It's yields right

>> No.19563391

>>19558935
Nice grades, good luck I hope they carry on at depth and fatten out into a nice wide vein or shear zone full of gold, I'm the guy who's also gone all in on hardrock in the other thread.

Have you got any mills in your area? If it's near surface and free dig with grades like that it would be like printing money even with a long haul distance, here in Aus the problem at the moment is that mills are maxed out till next year and their prices are starting to go up, I'd eventually like to process it myself but it'd be easier to send the ore off and get a bit of cash flow happening. How deep can your drill go? if you get some good hits it might be worthwhile paying to get a contractor come in and drill it out a bit, my brother said aircore drilling is a bit cheaper than RC for softer near surface ground.

>> No.19563440

>>19563290
yes, thats the point, central banks just cant stimulate the economy anymore like before and need to use more and more asinine solutions, eventually investors have no place to put their capital and you end up in a liquidity trap

>>19563316
what do you mean?
if the dollar is going down then everything denominated in dollars goes up

>> No.19563454

>>19563379
bonds going down in price means yields going up

That's what really scares the Fed, the prospect of the multi-decade bond bubble finally crashing. When yields go up, any government debt that is rolled over will be done so at higher rates, which kills our already blown-out-of-the-water deficit. And most of US govt debt is short term. Corporate debt will suffer the same fate

>> No.19563469

>>19558935
Pan Man plz do a crowdfunding campaign to get equipment to better mine the claim and let bizposters invest first.

>> No.19563490
File: 49 KB, 368x504, 80573025_3004462756272417_1071391278593212416_n.jpg [View same] [iqdb] [saucenao] [google] [report]
19563490

>>19563391
There is a contract mill at Greenwood BC that would take my ore, there is easy logging road access right to the main veins, so I could in theory open pit mine it if I cant lease it off to someone else. My X Ray drills suppose to be rated to go past 500m deep, but I ve been told that the drill stem might not be able to go safely past that, I am only looking to see if the ore body goes more than 100m anyway. If it does than it should be easy to get one of the larger junior exploration companies to investigate the property. Its excellent ore, very little penalized elements, and good access, everything a guy dreams about.

>> No.19563531

>>19563469
I would need to get some serious investor money to really mine this myself. At the moment I am mostly focusing on getting someone bigger than me with investor backing interested, heck I dont even know how much ore I have yet out there.

>> No.19563606

>>19563490
500m damn thats a lot... so i'm curious about the drill, is it like how scientist would take samples of ice, like do you get a tube of rock, or does it just crush everything up, and return it to the surface in some kind of order that it got dug up?

>> No.19563624

>>19563440
You're thinking of, say, commodities like grain priced in USD, or gold. But treasuries are IOUs for dollars. USA imports stuff from other nations, issues dollar denominated debt. Those other nations hold the debt as an asset to redeem later. If the dollar goes down significantly then the value of their assets goes down, and when they need to sell some of that debt for USD they'll need to sell more of it to cover their needs. And they'll be less likely to accept more of our debt because it's worth less and going down.

And it depends on the nation and their currency with respect to the USD too. All fiat currencies are going down measured in real money. If the dollar is going down but their own currency is going down even more, then relatively speaking those treasuries would be worth more, but not necessarily able to purchase more goods or services once the swap is actually made. DMT is at play here and perhaps for the time being the DXY will remain elevated because today a lot of USD debt in other nations is being held. But that will shift in the future as foreign treasury holdings deplete.

>> No.19563636

>>19563531
What is "serious investor money"? We talking a few hundred thousand or a few million?

>> No.19564010

>>19563606
its a 2 inch drill pipe that cuts a core, you pull the pipe back up in segments and log the core as it comes up. Sometimes the sample comes out as a slurry material but most of the time its a solid tube of material that you can examine. Half gets saved for record keeping, the other gets sent off for assay. Like I said before though, the drill says one thing but the drillers say differently. I take their word as their paid by the meter, if they fuck up and have to abandon a hole there not getting paid for it.

>>19563636
I figure if I went with a bulk sample permit, I could legally remove probably 150 tonnes. Bonding for that depends on all sorts of things, a ball park would probably be 2-3 million upfront to do it, not to mention equipment, labor, materials camp expenses. Hard rock mining is expensive work.

>> No.19564060

>>19563490
>Canada

Sheyat, After taxes, regulation, all the Canadian bureaucracies I’m your ass like a bbc, 500 mm would turn into -200 million. But you’re smart, right, so you lease the land. Canadian management is shit. There’s a reason Canadians can’t sell weed or gold during a recession. So your Canadian management just turned your 500m into -350m. Never pick Canadian. Ever.

>> No.19564078

>>19564010
Yeah if you had said a few hundred thousand I honestly think biz might be able to get a significant portion of that done in a crowdraise, but a few million is a different story.
Well best of luck!

>> No.19564118

>>19564060
remember though, if the ground is leased, most of the burden falls on the leaser, not the issuer. All I am really interested in is getting the property investigated properly by a company which can afford the kind of work I cant do. If nothing comes of it, so be it. I ll move on to the next bit of ground.

>> No.19564146

>>19564078
thanks! its not my first time, I know how this goes. >>19564060 is right, its hyper expensive to get a major project going in this country and also takes years, its why so many fail, only the best of the best stay on the radar of investors.

>> No.19564501
File: 593 KB, 960x789, m1vtxeh2ivr11.png [View same] [iqdb] [saucenao] [google] [report]
19564501

Someone convince me to get into this gold bullion thing. Gold looks cool but can it be profitable?

I fee like you all are just saving them for some apocalypse

>> No.19564522
File: 2.87 MB, 425x319, 1582263805656.gif [View same] [iqdb] [saucenao] [google] [report]
19564522

My gold coin I ordered from Scottsdale Mint back on April 1st just shipped today. Should be here next week.

>> No.19564588

>>19564501
this isn't daytrading. and it isn't "investment for profit"

long term holding for stable preservation of wealth

if your looking to invest for profit go buy some stonks

>> No.19564600

>>19564501
It's not profitable per se, think of it like saving money, but in a form that you know for sure will never decrease in value unlike dollars or whatever. Many would say a balanced portfolio would contain at least 5-10% gold/silver for insurance purposes. Insurance against long-term government devaluation of the currency, against sudden shocks like the one in March, etc.

There are ways to profit from it like options on the GLD or gold mining stocks, but that is speculative, not for insurance. If you have some percentage of your portfolio set aside for speculation, it's not a bad option.

>> No.19564754

>>19564501
You're dead right. It's not profitable, and is a terrible hedge against inflation historically. Think of it this way: Gold is like any other thing you buy, except that it doesn't devalue as soon as you buy it. You can resell it in the future for the same value as you got it for (value, not $ price), so that's a good thing. The bad thing is that you lose money buying gold (from the dealers who take a premium) and you lose money selling gold (from the dealers buying it back at spot price or less).

No one on this thread has given me evidence as to precisely WHY 5-10% is recommended; it's just 'recommended'. Nor can I find any reason why on the web either. If I didn't know any better, I'd say it's a random number that encourages people to buy into it without being so crazy as to affect the market.

Finally, there's always hope that the world will go kaputt so that precious metal holders can say, 'see, I told you so'. It's the same as the preppers who have bunkers and 2 years of food. But unless you are preparing for total infrastructure failure (i.e. stocking on bullets, cigarette lighters, etc.), then 5-10% of your wealth is far too low to carry you over the period of instability into the new economic age when supposedly the economy would be based on precious metals instead of yet another fiat currency.

I can't convince you to get into it, Anon, and there's plenty of evidence to suggest it's a waste of time and effort. If you want to, buy a silver bar to stroke at night to quell the interest. As you watch your investments in the stock market increase in value, you'll begin to wonder why a few hundred of your $ are in the form of a metal that isn't doing anything and will make you lose money if you try to sell it.

>> No.19564765

>>19564060
In English please...

>> No.19564779
File: 318 KB, 1200x800, 1589760116583.jpg [View same] [iqdb] [saucenao] [google] [report]
19564779

>>19564501

>> No.19564841

>>19564754
This

>> No.19564907

>>19564754
You could say the same about any other percentage recommendations. Why 20% tech? Or 20% cash? Or whatever it is. It's just a recommendation. The only context in which those percentages make sense are within an overall portfolio where you can see the historical performance through good times and bad times. So it's about your financial goals, do you want to be the type of investor that tries to time the market? Or do you want to have a lower average yield with the trade-off of being more insulated against sudden equity shocks? That's all, no need to get hung up on the 5-10%

>> No.19564924

>>19564754

>It's not profitable, and is a terrible hedge against inflation historically.

A rise in the price of gold is correlated with a drop in real yields. This is why gold rose twenty times during the seventies and eighties, under exactly the same kind of economic conditions which we have today. See >>19561558 and >>19561787. At that time, bonds were known as "certificates of confiscation" because they returned such a loss in terms of purchasing power.

>> No.19564942

>>19564754

Incidentally, I'm not 5% in gold. That's simply a number which is intended to provide insurance against a sudden economic catastrophe. Under the present economic conditions, I'm 98% in precious metals and 2% in cryptocurrency. I have no reason to be in anything else.

>> No.19564980

>>19558607
shit point, brainlet

>> No.19565017

>>19564907
You absolutely can say the same about percentage recommendations. With precious metals however, the recommendation appears to be based on nothing. The evidence for the performance of PMs being a poor hedge is everywhere, which would result in a serious investor simply saying there's no need (incidentally, Buffet doesn't believe in them at all). Why would 5-10% make a difference instead of 3-8%, or 15-20%? It's a random, arbitrary number which, as I said before, seems to be just enough to get normies to spend money on precious metals but not enough to make them panic and convert their wealth totally to PMs (which would affect the market). The reason why 5-10% seems so odd to me is that it's the 'universal' recommendation by everyone who supports PM commerce with normies. Governments don't do this, for obvious reasons.

>>19564924
Makes perfect sense, except that if one held their stocks and bonds through the devastating economic situations that occur, then they'd have more value than if they dumped them and reinvested. That's the point that I'm trying to make. If you hold a diversified portfolio, you stand to make more in the long run than the same amount dumped into PMs. The trick is having patience when the market has a dip. My investments, like many other people's, lost significant value in March. I bought at that time, and now they've already gained in profit compared to if I'd used the same numerical dollar amount to buy today. So, I won. The Anons who bought PMs during the dip also won, but only if they can convert their PMs into cash as quickly as I can with my portfolio. Furthermore, the premiums get in the way of this, and I'll lose less if I do stock market trading than if I do PMs.

>everyone will take money from you; the trick is to figure out who you can avoid, or who takes the least.

>> No.19565065

>>19564754
There's a track record of thousands of years of Gold and Silver retaining some kind of value, and even though economists like to pretend that digital/crypto currencies are (probably) the future of money, they're the first one to drop stocks and fiat to buy as much PMs as they can until promises come in that things aren't really as bad as they seem. This has consistently happened in economic downturns.

I think that there are some maybe overly hopeful speculations that suddenly some time six months from now, or a year from now, or five years from now, or ten years from now that PMs will be re evaluated and be values at way more than they're worth right now. But people have also been saying that for years. That said, there ARE times when it has dipped real low and becomes a great time to buy, and then shoots the moon and becomes worth way more.

I think people are just hopeful for those extremes, which may or may not (probably won't) come.

Most people understand that PMs are a long-term thing to hold. I think people claim that its a good way to beat inflation, but I also think people are hoping that they're going to be buying it right now for $20 an ounce, and then in 6 months it'll be re-evaluated and valued at like, $100 an ounce. In that instance, if you stashed a lot, inflation wouldn't have really changed much, and you'd be sitting on a shitload of money if you previously bought silver (and/or gold if the same happened to it).

Some people though, just buy it for the collectibility of the coins themselves, and it just so happens that it also tends to retain its value, or even goes up a little bit in some cases, but then you're just getting into numismatics.

>> No.19565094

>>19564942
Sudden economic catastrophe requires a totally different way of living, not just holdings in currency. If things go to that direction, people starve and people fight. If you can protect your stash, then you're ahead of the game, but you have to protect it until a new world order is created. If you have the materials and knowledge in order to do this, then you're ready. 99% of the world population are not in this position, and that's a lot of people to fend off. In this case, 100% of your holdings should be PMs.

If a sudden economic catastrophe does not cause a collapse of the social system (i.e. Coronavirus example), then having PMs is only useful if you don't have to sell them over the period of uncertainty. You're still looking at around 50% at least (since normal living expenses amount to 50% of a thoughtful person's income) to tie you over. That's still far above the 5-10% recommendation.

So, I get back to my point: the recommendation is fucking useless and based on diarrhoea. If the world is ending, you need 100%. If it's economically shit, you need enough to go past it but not convert it.

>> No.19565135

>>19565017

>Makes perfect sense, except that if one held their stocks and bonds through the devastating economic situations that occur, then they'd have more value than if they dumped them and reinvested. That's the point that I'm trying to make. If you hold a diversified portfolio, you stand to make more in the long run than the same amount dumped into PMs.

There are certain times when it makes sense to be in one asset class over another. Now is the time for gold. This is one of those moments in history when fortunes are made. Regardless of what you might argue about long-term trends in asset-classes, it is absolutely certain that, when real yields plummet, precious metals soar. I expect the silver junior miners, in particular, to go up 50 or 100 times in some cases; SILJ will go up at least 6 times.

>premiums

If you are buying CGT-free coins, the premiums on gold are completely tolerable. I will gladly pay 3 or 4% extra if I know that I'll avoid paying 20% on my gains. If you make a million pounds on the stock market, you lose £200,000.

You also have the option of buying precious metals on places like GoldMoney or BullionVault, where the premiums are only 0.50%; in the case of BullionVault, only 0.10% once you spend over £75,000.

>> No.19565167

>>19565094

If fiat currencies collapsed, and gold became the new standard of money, then it would easily soar to $10,000 in terms of real purchasing power. So holding 10% of your wealth in gold makes perfect sense if that is what you are hedging for.

>> No.19565241

>>19564942
Also...2% in crypto? I'd ask why, but it's gone up and down so extremely that I honestly have no idea what will happen in the future. One thing I am sure about though: the Rothschilds would never allow it to usurp their normal way of doing business, so in my book crypto has no future. The entire system will fight tooth and nail against it because it threatens their existence.

>>19565065
Agreed about the track record of gold and silver, but even over centuries it gains about 1.1% in real value. That's shit. Regarding the conversion of wealth to PMs, these economists are dealing with companies and countries. The average person gets gangraped by premiums if they were to do this everytime there's a downturn,plus the fact that governments and companies are alerted to downturns earlier than the average joe. The strategy might be solid if you can avoid the fees, but you need to be ahead of the general population in knowledge in order for this to work.

Regarding the extremes of lows and highs, I look at it this way. Is anyone selling their Gold when it's at a high and buying when it's at a low? Are any Anons here converting their Silver to Gold when the ratio is favorable, or vice-versa? This is what I mean about being gangraped by the premiums set from PM dealers. They are the ones who profit from this, not the person who thinks they are protecting their wealth. If you want to make money from PMs, then sell it to people or sell the 'storage and protection' of PMs. PMs themselves are just an empty shell.

People are hopeful for the extremes because it will provide evidence that they've made a good decision. Unfortunately, so many get into this without having a good reason, and they look for justification down the road. I was tempted as well, and I nearly bought when Silver dropped a bit last week. Thank goodness I didn't, because it's still dropping, but then again, it's all an illusion, isn't it?

>> No.19565286

>>19565241

>Also...2% in crypto? I'd ask why, but it's gone up and down so extremely that I honestly have no idea what will happen in the future. One thing I am sure about though: the Rothschilds would never allow it to usurp their normal way of doing business, so in my book crypto has no future. The entire system will fight tooth and nail against it because it threatens their existence.

There is a small chance that cryptocurrency could become the new system of money. If that were to be the case, then even a small investment would turn into millions in terms of real purchasing power. That is a chance worth betting on.

I believe that Bitcoin BTC is a banker-controlled ponzi-scheme with no use-case, so my money is in viable alternatives like ETH, BCH, and XMR.

>> No.19565297

>>19561558


I go on here a lot. Based.

>> No.19565331

>>19565241
>Is anyone selling their Gold when it's at a high and buying when it's at a low? Are any Anons here converting their Silver to Gold when the ratio is favorable, or vice-versa? This is what I mean about being gangraped by the premiums set from PM dealers. They are the ones who profit from this, not the person who thinks they are protecting their wealth.

Its the type of thing where everyone does things differently. I know you're hung up on the premium, but a lot of people who seriously stack know the premiums are bullshit, and one of the major rules they impose on themselves is to get PMs for at, or as close to spot as possible. You might pay like a hundred bucks premium on gold, maybe less, but, when its at $1700+ that's only about the 5%. Paying 10% premiums is actually kinda crazy, and its why a lot of people are kind of holding off on silver right now, because a $10 premium on a spot price of $17 is a laugh. Only crazy people would really buy at huge quantities, but you can still find PMs for at or close to spot, at which case, worst scenario is you're breaking about even.

I think you need to give people credit that they know how to handle the premiums, especially if they've been doing it for a while.

>> No.19565362

>>19565135
I agree with you in terms of the movement of materials (when yields plummet, PMs soar). The question then becomes, do you sell your PMs when they hit their highest in order to make a profit? If you don't, why not?

Is CGT country-specific? Genuinely have no idea. But your math is sound.

>once you spend over 75,000 GBP
This is what I meant in >>19565017 about governments and companies doing this but the average Joe doesn't or can't. Few people have that kind of money to swish around this way.

Thanks for the hard data though; that's the most valuable in any discussion like this.

>>19565167
But why would gold easily soar in terms of the purchasing power? I'm not asking as a larp, I'm serious. Right now there's research going on in Venezuela to track how PMs are doing as a hedge against hyperinflation (I've mentioned it in previous threads), and the true value of gold has in fact diminished significantly in the country in terms of purchasing power. What you propose isn't supported by that situation, or others (collapse of USSR, etc.). What evidence do you have to support your position?

>>19565286
Interesting. Why would there be a small chance at all? Again, I'm serious, not asking as a larp. In other words, what events or political choices could possibly remove the influence of the richest families in the world, the richest land owners, the richest bank owners, to the point where entire societies would use crypto as a normal, worldwide system?

Why would, as an example, the US adopt such a system? Why would China adopt such a system?

From the preliminary research I've done so far, it seems that governments prefer fiat currencies precisely because they can control all functions that a currency enables in a society. A collapsed and reformed country would NEVER choose something like Crypto (which as far as I know is based on digitally mining and is thus a currency based on non-inflatable or manipulative values).

>> No.19565395
File: 177 KB, 800x533, StackerRounds-21[1].jpg [View same] [iqdb] [saucenao] [google] [report]
19565395

Alright Anon, you did it. I'm a Scottsdale fag now. Picking up some lions as soon as situation permits

>> No.19565436

>>19565331
You make a fair point; my issue about premiums is that I ran the numbers on my own investments in preparation to begin the conversion of 5% to PMs, and what I found was that the only way I'd keep the value secure and potentially make money in the future is by buying only once and selling only once. This requires me knowing the rock bottom and the top, and hoping that both coincide with when I want to convert and when I need to sell as an old man. Those things are ridiculously unpredictable. Therefore, I have a much higher chance of losing money in the long run if I convert 5% to PMs. That's the problem. Then if I compound that with the comparison with the gains I make in stocks, it makes little sense to tie up hundreds of thousands of $ in assets that don't do anything and will likely lose. For decades, at that.

I will always give people credit for handling their finances in a thoughtful way, and if they think PMs are the best way, then hopefully the numbers work in their favor. I can't find a situation where it does in mine, however. Also, buying is not where the problem is (though 10% premium is shit as you rightly say), selling is the problem. It's luck if you can get someone to buy it back at spot, but quite common to see it bought under. So you lose. I get the distinct impression that people have thought seriously about how to buy, but not how to sell.

>>19565395
nice! shiny! I'm still tempted by the 2oz Krakens...they're coming down in price...

>> No.19565440

>>19565362

>I agree with you in terms of the movement of materials (when yields plummet, PMs soar). The question then becomes, do you sell your PMs when they hit their highest in order to make a profit? If you don't, why not?

The way to do it is to sell on the way up, and begin to diversify into other asset-classes. When I realize 300, 400, 500% gains, I will begin to move into real-estate. I will, however, always maintain a core position in precious metals.

>Is CGT country-specific? Genuinely have no idea. But your math is sound.

I live in the UK, where CGT is 20%. But if you buy Britannia coins, you pay no CGT. There are similar laws in most Western countries. Hence, while the stock-market trader has to pay £2 million of the £10 million which he makes to the government, the gold-coin investor keeps it all to himself.

>This is what I meant in >>19565017 about governments and companies doing this but the average Joe doesn't or can't. Few people have that kind of money to swish around this way.

0.50% premiums are still not a bad deal; that is also what people happily pay for cryptocurrency on Coinbase. Even the small investor can buy as little as £1000 or even £100 of silver on BullionVault or GoldMoney, and avoid paying virtually any premium. Or he can simply buy GDX, GDXJ, SIL, SILJ, on the stock market, and get into the miners, to avoid paying the £120 annual vault fees.

(1/2)

>> No.19565447

>>19565362
>But why would gold easily soar in terms of the purchasing power?
Because fiat currencies are dying, and precious metal backed digital currencies will return PM's role as a store of value and medium of exchange, from it8current status as just a hedge.

>>19565395
>not buying gubmint coins
NGMI

>> No.19565482
File: 287 KB, 1404x779, comfy.jpg [View same] [iqdb] [saucenao] [google] [report]
19565482

>>19555642
based
shitty picture of my stack

>> No.19565494

>>19565362
>>19565440

>But why would gold easily soar in terms of the purchasing power? (etc)

In the case of Venezuela, only one country is going into hyperinflation. But when the collapse comes, every country will see its currency and economy decimated; because the dollar, the world reserve currency, will lose all value. This is why gold increased so much in purchasing-power during the 70s and 80s. It went up twenty-fold; that was not because inflation went up twenty-fold.

The miners offer even greater leverage. The gains which can be made are truly astonishing. When silver went from 1 dollar to 2.5 dollars, the average small-cap miner went up 150x. That's not 150% (1.5x); I really do mean 150x.

>Interesting. Why would there be a small chance at all? Again, I'm serious, not asking as a larp. In other words, what events or political choices could possibly remove the influence of the richest families in the world, the richest land owners, the richest bank owners, to the point where entire societies would use crypto as a normal, worldwide system?

Good cryptocurrency (not BTC) not only shares many properties with gold, but also has certain advantages over it. You can send it instantly to anybody anywhere in the world with no fees and absolute privacy. This makes it invaluable to people who live in despotic regimes. It is also accessible to virtually everybody, unlike gold and silver. You can buy as little as £1 of cryptocurrency, and all you need to send and receive it is a phone. It truly does have the ability to take over the world.

It would be extremely difficult, if not impossible, to ban crypto at this point. It is like China trying to ban the internet. People simply use VPNs.

(2/2)

>> No.19565512
File: 107 KB, 1003x716, sgs-alt adjusted gold price.jpg [View same] [iqdb] [saucenao] [google] [report]
19565512

>>19565017
Inflation hedge aside, you do agree that gold and silver are historically undervalued at the moment right? As part of a portfolio where one aims to buy what's cheap and sell what's expensive, I think it's a great option at the moment. For the pure play you can go into ETFs if you're not concerned with counterparty risks, physical is worth it to some people who do not trust HSBC if there is a significant global solvency event and the ETF holders are left high and dry as merely the "beneficial" owners as laid out in the prospectus.

>> No.19565516

Before I forget.

Thanks everyone for the interesting discussion; I'm learning a lot.

>>19565440
Your strategy makes sense. Will it be possible though? (i.e. will a conservative 300% gain be real, or will real estate also gain 300% alongside, making it a breaking even scenario?)

Thanks for the info about CGT; I need to look that up in my country (I've never considered this problem...dear lord). It'll probably affect the math even worse.

.5% premium is definitely better than what I normally see. As for buying on the stock market; does this not defeat the purpose of having physical PMs? I mean, as far as I gather, PMs are a way to take value OUT of a system so that if that system has a problem, you still have your value. By buying GDX , aren't you just accepting being a part of the system that you're trying to protect against if it collapses?

>>19565447
Fiat currencies are dying; I've heard this before, but I haven't seen any that have died yet. I go back to my other point before: fiat currencies are easier to manipulate by governments to their own advantages, which is why there isn't a single PM backed economy in the world. Why would any of them go back to a currency that isn't fiat? Give me evidence and reasons, not hopes.

>>19565482
I've seen that bat thing before...it's huge. How many oz is that thing?

>> No.19565524

>>19560126
The housing and stock markets are in massive bubbles propped up by the fed. The bubbles will pop and then gold and silver will moon it has happened before. Thats when you transfer your gold or silver into the now undervalued property, stocks, oil wells, etc.

>> No.19565544

>>19565516
Its a 5oz America the beautiful coin

>> No.19565579

>>19565494
Agreed, we haven't seen a situation that could be studied where the entire world has their economy decimated. I go back to my point though: what evidence is there to suggest that governments recreating a 'new world order' would ever go back to a PM backed currency if it can't be manipulated to their advantages the way a fiat can? In a world where fiat is the main way of doing things, average Joes and businessmen will transfer their wealth into PMs to deal with momentary inflation, I get that because the two are coexisting. But there is absolutely no evidence whatsoever that a collapsed world order wouldn't re-install fiat currency once again. It's not about what is wise or just or good, it's about what governments can control, and fiat is controllable.

Regarding the advantages of privacy for crypto; these advantages you list are disadvantages for governments who need to control their populace. Why would any government in their right mind support more economic rights for their population? C'mon now....

>> No.19565609

>>19565516

>Your strategy makes sense. Will it be possible though? (i.e. will a conservative 300% gain be real, or will real estate also gain 300% alongside, making it a breaking even scenario?)

Real-estate is still severely in a bubble, and historically overvalued when compared to gold. Houses are currently at eight times earnings; historically they were at two times earnings. Hence a bull market in gold will mean a considerable gain in purchasing-power when compared to real-estate.

Mike Maloney, who promotes the concept of "wealth cycles," shows how, if you changed between gold and real estate at the right times ever since the 1920s, when one or the other asset-class was comparatively undervalued, you could have turned a single house into 480 houses.

https://www.youtube.com/watch?v=l-knwwD-PZc

>.5% premium is definitely better than what I normally see. As for buying on the stock market; does this not defeat the purpose of having physical PMs? I mean, as far as I gather, PMs are a way to take value OUT of a system so that if that system has a problem, you still have your value. By buying GDX , aren't you just accepting being a part of the system that you're trying to protect against if it collapses?

If there is a collapse, a person who buys the GDX, or the companies in it like Newmont and Barrick Gold, still owns his stocks. They don't disappear. Those who owned gold stocks were some of the only investors who benefited from the stock-market collapse during the Great Depression. People who had gold stocks in the inflationary 70s and 80s also made a fortune.

>> No.19565612

>>19565512
If the chart is accurate, then it's historically low. Buying low and selling expensive is the right strategy of course. The natural question therefore becomes, 'Will PMs rise from here or will they sink even lower?' If they sink lower, you've lost. If they gain, you win when you sell, but not before.

In other words, I don't have a problem if you tell me it's historically low. I just haven't seen any evidence to suggest it's going to rise, nor is there any evidence to tell me when to sell in order to make a profit. I might as well buy now, and I might as well sell when I turn 81 years and 6 months old. It's arbitrary, in other words. Assuming premiums are taken out of the equation, of course.

>>19565544
5 oz...I'll look into it. Thx.

>> No.19565637

>>19565579

>Agreed, we haven't seen a situation that could be studied where the entire world has their economy decimated. I go back to my point though: what evidence is there to suggest that governments recreating a 'new world order' would ever go back to a PM backed currency if it can't be manipulated to their advantages the way a fiat can? In a world where fiat is the main way of doing things, average Joes and businessmen will transfer their wealth into PMs to deal with momentary inflation, I get that because the two are coexisting. But there is absolutely no evidence whatsoever that a collapsed world order wouldn't re-install fiat currency once again. It's not about what is wise or just or good, it's about what governments can control, and fiat is controllable.

If, as some people believe, Russia and China are outside the control of what we might call the "New World Order," then they might be the ones to overthrow the fiat system and introduce a gold standard. They have been adding to their gold reserves every year since 2008, because they can foresee what is going to happen to the dollar. All they have to do now is show their hand when the time is right.

>> No.19565702
File: 538 KB, 692x677, 1582849545509.png [View same] [iqdb] [saucenao] [google] [report]
19565702

>>19565516
>Fiat currencies are dying; I've heard this before, but I haven't seen any that have died yet. I go back to my other point before: fiat currencies are easier to manipulate by governments to their own advantages, which is why there isn't a single PM backed economy in the world. Why would any of them go back to a currency that isn't fiat? Give me evidence and reasons, not hopes.

>> No.19565719
File: 3.52 MB, 4032x3024, 6D6C20AA-F196-4EB5-A130-0394CDE526F4.jpg [View same] [iqdb] [saucenao] [google] [report]
19565719

>>19564501
I’m stacking for retirement, I don’t trust the markets so, in my stupidity, I’m leaving stocks to index funds and my 401k. I’ve also got speculative holds in some alt coins that you can stake with, but my main investment engine for independent funds is precious metals.

>> No.19565743

>>19565637
I've been following that issue for years actually, but for different reasons. Let's say that Russia and China are buying gold precisely for this purpose: to have a PM backed currency as protection for a potential USD hyperinflation scenario. If the USD collapses, there is a problem.

China is in shitsville, because it will have lost its largest target buying market, and China is unable to consume its goods, and Europe wants nothing to do with them because they tend to buy within. China will also have lost the economic 'leverage' they had with the debt that the US owes them. So a USD collapse would be devastating to China, not useful.

Would Russia do anything in this scenario? I don't know; they seem to be building and waiting, but they've waited too long. They have a demographic problem to the point where their army will not be able to support itself with people. They have tonnes of land but not much of it is arable, and their main export that has use is natural gas, which the Europeans and Chinese gratefully import. A USD collapse wouldn't really affect them.

I'm not sure that they intend on overthrowing the fiat system; China relies on a fiat in their own country in order to prevent people from starving (the trillion$ injections every month can't be done if based on a hard PM), and Russia is also doing fine.

If I were to guess about their purchases, it's so that they have more than the US in physical gold....but that's about it. In other words, protection in the case of future war where they have to spend lots of money to fund it.

What about the Europeans? Would they be supportive of a USD collapse?

It all seems anti-hopeful to me, because governments won't act this way due to the influences that are internal from the society and the 'ruling' class, not to mention export and import constrictions.

>> No.19565754
File: 2.06 MB, 4032x3024, 13FFBC45-E26A-48E9-8C87-ED02E9D0DF17.jpg [View same] [iqdb] [saucenao] [google] [report]
19565754

my stack for now.
About 100 oz silver
2k cash
5k crypto

>> No.19565764

>>19565719
Interesting! You've staked your position and you're living by it.

For retirement, what's your strategy? i.e. do you plan on selling some of it per month, etc., or is it more like selling in bulk at one point, converting to cash in a bank account, and living off that until the next sell off? How will you deal with it if when you get to retirement the value of gold and silver is 'historically underpriced'?

>> No.19565814

>>19565764
I’m planning on selling off in small increments to pay the bills as needed. Hopefully doing that I can leave some to my kids when I die. In regards to the undervalued potential, if I’m that old I won’t give a shit so long as my bills are paid. Given chart trends I don’t see that happening though. I’m 26 right now so I’ve got at least 40 years before I have to sell and given the all time charts silver and gold have solid gains over 2 decade increments.

>> No.19565840

>>19565743

>China is in shitsville, because it will have lost its largest target buying market, and China is unable to consume its goods, and Europe wants nothing to do with them because they tend to buy within. China will also have lost the economic 'leverage' they had with the debt that the US owes them. So a USD collapse would be devastating to China, not useful.

This is not a notion which Austrian economists would agree with. On the contrary, they would say that the dollar is a way of tyrannizing over, and enslaving the poorer nations of the globe. By means of its enormous military, and the petrodollar system, America, a nation of consumers, forces the dollar on everybody, and buys up commodities and tangible goods with nothing but worthless paper. Those who try to resist (like Gaddafi with his gold dinar) are invaded and killed. When the dollar collapses, it will liberate nations like Brazil and China, and allow their economies to boom. This is why Peter Schiff is so heavily invested in foreign stocks.

>What about the Europeans? Would they be supportive of a USD collapse?

Germany, Italy, and France, have some of the highest gold reserves in the world, so they ought to do well. Britain used to be among them; but a left-wing socialist politician, Gordon Brown, auctioned off our gold at rock-bottom prices ($200) in what is known today as "Brown's Bottom."

>> No.19565847

>>19565814
Well, bank on living until you're 100 at least, given current medical technology. The vast majority of young people don't know they'll be living longer than their parents on average; we need funds to carry us through the times of life when we need to pay for support workers, or retirement homes, or things like that. All of us need to think about those times. Best of luck to you; you've got a hell of a stack so far.

Can you help me to understand: what is the appeal of goldbacks? It seems...unnecessary in our modern age. Did you get them for their aesthetic beauty?

>> No.19565884

>>19565847
If I live that long then I’ve got 60 years for retirement if previous trends in the US hold with them bumping the age back then. All the more time to stack and save.

The Goldbacks are a collectible purchase yeah. I live in Nevada so I wanna see UPMA succeed so the Nevada Goldback gets launched. Again though purely collectible with the fact that there is gold in it.

>> No.19565898

>>19565840
Interesting! Okay, I agree with the premise regarding USD tyrannizing over other countries. Question to you however: if the US currency implodes for no reason, does that mean the military might also disappears? The US would be able to 'enforce' their position through other means while they rebuild their economy, assuming that the fall of the USD doesn't cause other economies to go as well (most notably Mexico, Canada, and Britain). This also doesn't take into account the damage it would do to the technology sector (the assumption is that Germany would take over). I'm curious as to your thoughts.

Regarding your second point about Europe: but would Europe also go to a gold-backed standard? They'd have to disband the EU of course before doing so, or else the benefits of fiat would disappear and countries internally would go to war over the wealthy supporting the poor.

>> No.19565951
File: 148 KB, 1302x774, dendebase.jpg [View same] [iqdb] [saucenao] [google] [report]
19565951

>>19565898

>if the US currency implodes for no reason, does that mean the military might also disappears

I presume so, yes. This is what happened to the Roman Empire, at any rate. The later Romans debased their coinage again and again until there was no silver content left in it, and they could no longer pay their soldiers; upon which, they were promptly conquered by more virtuous nations. I presume that China and Russia will show their hand when they feel that there is no longer any danger of their suffering the fate of Libya or Iraq. All they have to do is be patient.

Britain definitely will not come out of this well. Our debt is enormous. Canada will do even worse; they sold literally all their gold reserves. Probably they will respond to the coming crisis by nationalizing their mines, which is a prospect which any investor in Canadian miners ought to be aware of.

>Regarding your second point about Europe: but would Europe also go to a gold-backed standard?

If the fiat system collapsed, including the Euro, I suppose that they would have to do so.

>> No.19566015

>>19565951
There are several parallels to the fall of Rome for what has been happening in the west lately, socially as well as economically. I think there's a difference here though, specifically with what you say regarding China and Russia. Could they conquer the US?

If there was a landbridge other than the one that connects Alaska and Kamchatka, then maybe. But America prime is rather well insulated against exterior attack. Plus, we're living in the age of nuclear weapons; the US would never just fall, or let another country take them over; they'd start a nuclear war before that happened.

Perhaps the only possibility is economic warfare, but I don't see this happening in any appreciable numbers either. The more I think about this, the less likely it seems that:
1) The USD goes into hyperinflation for no reason.
2) The countries of the world do not have their economies dramatically affected by this.
3) China and Russia institute a gold-backed currency system or trade unit, forcing anyone else who deals with them to go with the flow.
4) Other countries that survived the USD destruction follow suit of Russia and China, probably because there would be repercussions if they didn't (militarily).

There's a lot that doesn't work here. I used to joke about Merkel wanting to build a 'grand army of the republic', but she's been swinging that sword of hers to build an EU army since the US has been pulling out their military protection. Is she building this army in preparation for Russian invasion?

>Sorry Anon. I am thoroughly enjoying our conversation, but the more I think about this, the less likely it seems. There are too many 'extreme' measures that the US would take to protect its interests, and the entire democratic section of the world population depends on their health and success. For things to go down the route you describe, billionaires would simply have to change their behavior and their incentives....that's not going to happen.

>> No.19566034

>>19565951
Meanwhile not to go too tinfoil or anything but the last credible audit of Fort Knox was 1953 and they've refused any such audits since. If a metal standard was introduced I think silver stands a good chance of being USA's choice

>> No.19566049

>>19566015
>I'm sorry but the Germans will never be able to invade France again. We live in the age of the Magninot line. The more I think about this, the less likely it seems.

Anon you have to be 18+ to use this site.

>> No.19566066

>>19564501
I hope I never have to sell them and can pass them onto my kids, barring a super-mega moon for them. I'm not trying to turn a profit off them, I;m just trying to start building something that my family can use in the future. Hopefully my kids add to it further and pass it on, only selling it if they really really need the money.

>> No.19566078

>>19562980
MFW I go to move my hoard and it tears out the bottom of the box. Does that mean I made it or that I just had a shitty box?

>> No.19566104

>>19566078
I’d say that means you’re doing well. Silver or gold? If silver start converting to gold and then get the bottom to fall out with gold equivalents!

>> No.19566113

>>19566049
It's a fun comparison, but it has the same flaws as with the comparisons with the fall of Rome. We live in different times with VERY different technology that is used to fight wars. We have fiat currencies now when back then they didn't, and the alliances, demographics, and financial incentives are also different.

In fact, everything is different except the basic human behavior of being greedy for goods, because goods is power and power is true wealth. The basic behavior is the same, the incentives are the same, but the tools to fight these wars have changed, and thus the events that shape history will also be different to what we've seen before.

I appreciate the fact that you think I'm young though...it makes my heart melt.

>>19566078
It means you're doing it wrong. If you're not moving your treasure hoard using 25 slaves, 16 camels, and 4 horses, then it's not a hoard...it's a day's wages. :)

>> No.19566135
File: 1.88 MB, 2873x3752, 20200606_034422.jpg [View same] [iqdb] [saucenao] [google] [report]
19566135

>>19566078
I believe the answer is yes to both of those questions.


also /pmg sure got distracted tonight lol.
but my 2 cents, you anons are dreaming, we're decades away from anything like that

>> No.19566195

>>19566135
Nice Chest! She's a looker, that's for sure.

Yeah, PMG got distracted due to me asking questions Anons probably think are stupid. At least I'm learning something.

Do you do gold as well, or are you waiting until the ratio is more favorable?

>> No.19566251

>>19566195
i'm a silver man, when I am unable to store anymore silver safely at home, i'll start stacking gold....

>> No.19566257
File: 619 KB, 1835x1735, JPM wasn't buying silver for themselves.png [View same] [iqdb] [saucenao] [google] [report]
19566257

>>19565951
>>19566015
>>19566034
I can see BRICS nations attempting a gold backed system as Russian and China have allegedly been salting away as much gold as they can get. The problem is getting people outside your system to trust any money issued and orchestrated by China. This of course assumes China still exists as a single nation at that point.

I see the US forcing its allies onto silver. I'm almost sold on the conspiracy where JPM was stockpiling silver for the US gov. What bank holds rocks for over a decade? We're also going to be working more closely with Mexico as they take over some of what China used to do for us, and they're sitting on a FUCK LOAD of silver ore.

>>19566049
In the coming global order, France is the only place in Europe without a terminal demography, and the access militarily to go on African colonial adventures again. They're the coming strong man of that continent. The US will only be interested in the UK and maybe Poland. Germany can beg to hang out in Russia's sphere of influence if they'll have them. All of their high value workforce will flee the country like they did in the 1800s. Enjoy the brain drain, Hans.

>> No.19566265
File: 646 KB, 1136x2081, pirate box Arrrr.jpg [View same] [iqdb] [saucenao] [google] [report]
19566265

>>19566195
oh and anon, it is not. that plywood is very splintery lol

>> No.19566378

>>19566251
Well, best of luck to you. You have a good start to your treasure hoard!

>>19566257
I've seen that posted often here, but it's still heavy conjecture obviously in favor of silver. There are similar theories that are heavy in favor of going back to a gold standard for the US. Interesting what you say about France; the problem I see is that France is socially splintered because of the citizens from French colonies who don't get along with mainland French. That tension continues to boil over because of economic inequality and differences in culture, so I don't think they'll be able to be a strong man in any sense of the term.

Curious though.

>>19566265
Aaahrrrr, no beauty in this here wide world can be had without some damage being done upon ye. See this here hand? Many a splinter it received handling me own bountiful chest...she was a figh'er, she was....
AAAHRRRRRR

>> No.19566541
File: 696 KB, 2121x1573, 848689D1-9B48-4AD0-BDA8-98AE359046B4.jpg [View same] [iqdb] [saucenao] [google] [report]
19566541

Just got off the phone with my guy at JPM
Silver $50 EOY
Cap this post lads
Got a flight to catch now

>> No.19566559

>>19566541
You're so full of shit, you're probably some mentally ill homeless larper who lives under a bridge.

>> No.19566804

>>19566135
batbois standing guard

>> No.19566811

>>19566541
I thought there was more silver in the world than gold?

>> No.19566817

>>19566811
It's all in the ground.

>> No.19566885

>>19566817
Which one is in the the ground, gold or silver?

>> No.19566909

>>19566885
silver, the majority that is mined today is used in industrial applications, while the majority of gold is horded

>> No.19566924

>>19566885
Realistically, all of it, if you compared the earth to an orange, humans have not even breached the peel so far. We will literally never run out of any metals.

>> No.19566938

>>19566909
So the image shows how little there is of silver as wealth, not total silver in general compared to golds total regardless of use

>> No.19566950

>>19566938
It represents above ground silver, silver that has been mined up until current history.

>> No.19567059

>>19566938
so anon, silver is way more plentiful then gold. because gold is worth spending 300 an ounce to mine it. silver might never be worth that much, so any time silver starts gaining in price more mines will open because it becomes profitable to do so.
so its a stupid picture, silver will never explode into the hundreds

>> No.19567094

>>19567059
An example for this is the Silver Belt in BC's southern interior. Places like Sandon still hold hundreds of thousands of tonnes of silver ore, its just not been profitable since the 50s to mine it. The Comstock Lode in Virgina City Nevada is the same.

>> No.19567114

>>19567059
>>19567094
So its pointless to buy silver

>> No.19567146

>>19567114
no I think silver will triple within a few years. but I don't think you should hold onto silver forever. buy low sell high.
but honestly silver and gold are more about protection from your govt doing stupid shit with its money supply. and if you're lucky enough to get in at the right time, you might even make some money...

>> No.19567188
File: 151 KB, 818x1079, 2020-06-06_22-25-49.jpg [View same] [iqdb] [saucenao] [google] [report]
19567188

>>19566541
>>19566938
>>19566950
According to pic related (2018 numbers), there is about 9.2 times more total above ground silver. 4.7 times more if you remove the "industrial/undetermined/lost" from the silver count. Meanwhile the gold/silver ratio is 1:96. So in terms of value there is only about 20 times (96/4.7) more total value of gold in the world than silver. Only about 10 times if you use 9.2 from above.

That does not look like it lines up with that inverted pyramid. So how is that being calculated exactly?

>> No.19567236

>>19567188
Doesnt that image imply that the value of silver right now should be much much higher than it currently is?

>> No.19567323

>>19567236
How so? Not disagreeing with you but from what numbers in that picture are you making that assertion?

>> No.19567332

>>19567114
no, because even though that ores known about, it would take about 10 years to actually rebuild the mines to access it. We havent needed to mine primary silver deposits for a long time as silver is extracted as a bi product of massive open pit copper mines. Issue is, that production has been slowing for about 7 years, even though new major copper mines have been opened, that source supply has diminished. Eventually we will have to go back to those old mines and reactivate them.

>> No.19567393

>>19567323
Well silver is like $17 an ounce while gold is like 1700 yet there is almost 40k tons of gold available and 51k tons for silver. More of something brings its value down but 11k tons more silver shouldnt knock its value down to 17 an ounce because there is 20% more of it than gold

>> No.19567425
File: 627 KB, 738x466, invigorating.png [View same] [iqdb] [saucenao] [google] [report]
19567425

>>19566811
>I thought there was more silver in the world than gold?
Not anymore.

>> No.19567571
File: 118 KB, 1034x652, 2020-06-06_23-16-24.jpg [View same] [iqdb] [saucenao] [google] [report]
19567571

>>19567393
Yeah fair enough. But I still don't get where they are getting that "one dot = silver" in the pyramid >>19566541

Going by the data on demonocracy's own site it's about 8.5 times more silver, and 4.6 if you take out the tons of silver lost. Of course he ignores or just doesn't have the data on how much gold has been lost, it gets used in industrial purposes too, something like 16% of yearly production. And that would drive the ratio up nearer 8.5, maybe to like 6 or so.

So it's like I said, in terms of value there's like 10-20x more $ worth of gold than silver depending on how you calculate it. That picture makes it look like there are HUNDREDS of times more, so I think it's very misleading

>> No.19568111

>>19567236
It should be thats why the this board has gone bananas for it

>> No.19568121

Someone is selling gold $64.95 a gram.

I'm having a hard time believing I should pay that when I can buy a bat boy for $140 at the same shop.

Bros what do you think?
I could order from JM bulion $10 cheaper, but then postage comes into play & possible mail robery....

Is $64.95 a gram actually worth it?

>> No.19568489

7.5 AU 140 AG is that enough to make it

>> No.19568962

>>19568489
I assume thats in ounces. Yes you will make it I think, you already have more than what most people here have or claim to have

>> No.19569502

>>19564980
cuckfaggot

>> No.19569559

If you think about it, elements like gold and silver are God's blockchain, immutable since the beginning of time

>> No.19569622

>>19565719
you need one fuck off piece, a really fat gold coin, 50 pesos mexican to round of your stacking.

>> No.19569728
File: 109 KB, 960x1280, photo5397966794158878636.jpg [View same] [iqdb] [saucenao] [google] [report]
19569728

Buying .900 silver coins from the third Reich is surprisingly giving me the best price. I'll have a lot more to show for in the coming week.

>> No.19570014

>>19568121
$140 for 5 ounces of silver is fucking terrible. Batbois were going for $112 on JMB for 3 months straight. Don’t ever suggest ugly 5 ounce coins for $140

>> No.19570140
File: 404 KB, 733x354, Screenshot_2020-06-07_11-40-12.png [View same] [iqdb] [saucenao] [google] [report]
19570140

>>19566541
>>19566559
he stacks 40oz malts at a time, a master dumpster diver, his pal at JPM gives him some change on the back door (sometimes silver) because he is one of the ones 'in the know' and also a copy of yesterdays financial times to read up on the globalists, then he takes a 'flight' jumping into the river for a swim with the ducks. After drying off at the barrel fire he walks down to the bus terminal round back to see Frank his old work buddy. Frank lets him charge up and use his IBM thinkpad to spill the beans on the elites masterminded agenda.

>> No.19570258
File: 1.81 MB, 4032x3024, image.jpg [View same] [iqdb] [saucenao] [google] [report]
19570258

>> No.19570302

Just wanted to say thanks for shilling gold to me guys. My wife is currently divorcing me and 100% of my wealth is buried in an undisclosed location. Thanks to you guys I won't have to pay her a rusty penny

>> No.19570436

>>19570302
Is your soon-to-be-ex-wife's name Tammy?

>> No.19570439

>>19565516
>what is even the BWS

>> No.19570451

>>19570302
Why the divorce?

>> No.19570530
File: 1.53 MB, 2648x2504, IMG_4186.jpg [View same] [iqdb] [saucenao] [google] [report]
19570530

>>19568121
the current spot price is ~54USD per gram.
Now if you buy a coin or a small bar you will pay a premium over spot, personally I like to buy gold with a premium in the range of 1-4%.

So anything over 57USD per gram you should avoid.

>> No.19570561

>>19570302
based and fuck harpies pilled
A friend of mine faced the same situation but this retard told her wife he stacked gold and where was the stack. Before divorcing she took pictures of the location, pictures of the gold, coin by coin, and handed it all to her lawyer. When the trial took place he was fucked and had to give her half the shit.
Never EVER brag about your PMs, especially not with your wife.

>> No.19570696

So there's some guy selling silver coins on craiglist, how do I know they are real?

>> No.19570864

>>19570696
meet with him in person and test it, otherwise you're risking getting ripped off. Cheaping out on PMs sucks and bites you in the ass more often than not. I avoid ebay and craigslist, if you want to trade check thesilverforum or even dare I say it, plebbit

>> No.19571005

>>19570864
but if you can't trade silver coins in person without worrying about getting ripped off, then how are you ever going to be able to eventually spend them?

>> No.19571006

>>19570864
Along this line of thinking, I Do by from reputable websites but I also like to support my LCS. The extra bit of money does not compare to peace of mind.

>> No.19571020

>>19571005
>how are you ever going to be able to eventually spend them?
Spend them how?

>> No.19571038
File: 45 KB, 350x350, Double-Pixiu-1oz-Silver-Bullion-Coin-Straight-On-L.jpg [View same] [iqdb] [saucenao] [google] [report]
19571038

I've been jewpilled on these precious shekels and I'm close to buying my first stack.

Plus when Australia is taken over by the chinks i can flip a slanty one of these. Pixiu chinese dragon of prosperity! and he wont send me to the slave mines.

>> No.19571063

>>19571005
you can cash them in via a reputable dealer or your LCS. You can also trade in PM communities where there's usually some sort of rating system for traders. Anything else is gambling

>> No.19571126
File: 317 KB, 655x692, 1582044783494.png [View same] [iqdb] [saucenao] [google] [report]
19571126

>>19554482
Wow, I never knew it even existed and I'm from Russia. I want one bad

>> No.19571272

>>19571126
Haha SU-57 is garbage

>>
Delete posts
Password [?]Password used for file deletion.
Captcha
Action