/PMG/ IF ONLY YOU KNEW HOW BAD THINGS REALLY ARE EDITION

[Anonymous No.22765840]

>Bullion dealers
https://silvergoldbull.com
https://jmbullion.com
https://sdbullion.com
https://bgasc.com
https://providentmetals.com
https://moneymetals.com
https://monumentmetals.com
https://goldenstatemint.com
https://gainesvillecoins.com
https://silvertowne.com
https://goldsilver.com
https://pinehurstcoins.com
https://goldsilver.be
https://europeanmint.com
https://bullionbypost.com
https://silver-to-go.com
https://perthmint.com
https://swanbullion.com
UK
https://www.chards.co.uk/ [Much cheaper than BullionByPost]
https://goldprice.eu5.net/ [Website to compare gold prices for UK]
>Constitutional/"Junk" silver info
https://jmbullion.com/ultimate-guide-to-90-silver-coins
https://kevinsworkbench.com/junksilverguide
http://coinflation.com
http://coinapps.com

>Compare
https://findbullionprices.com (US)
https://eu.compare.pm (EU)

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

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

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

>Test
Nitric Acid
https://youtu.be/3mg9YcAShTo
Magnets
https://youtu.be/NgSXg-WOEVY

>Other
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

>YouTube/Podcasts
https://youtube.com/user/silverguru
https://youtube.com/user/SprottGlobal
https://youtube.com/user/KitcoNews
https://youtube.com/user/GoldAndSilverClub1
https://youtube.com/user/whygoldandsilver
https://youtube.com/channel/UCED7G7CZfqdSV9zttlr1M_g
https://youtube.com/user/belangp

[Anonymous No.22765967]

>>22765840
How does importing silver coins to the EU work (Netherlands) in general from the US?

The prices are a bit better over there. No VAT on silver coins here either

[Anonymous No.22765982]

Looks like I'll be loading up on more 90% soon.

[Anonymous No.22765988]

>>22765967
checked

[Anonymous No.22765998]

Digital dollar incoming

https://www.zerohedge.com/markets/loretta-mester-hints-fed-preparing-deposit-digital-dollars-directly-each-american

How the slavery works:

1) Destroy the economy and the middle class with Q. E., to enrich the 1% (coronavirus hoax an excuse for this)

2) Get everyone on Fedcoin UBI

3) Force them into negative interest rates to prop up the financial ponzi-scheme indefinitely

4) Only let people buy what you let them buy with FedCoin: no gold, silver, mining stocks

5) UBI causes massive inflation, destroys economy, enriches asset-holding 1% even further

6) Track and trace everything people do, have all the wealth and power, ability to cut off political dissenters at will, e. g
people who refuse a coronavirus vaccine

[PAN MAN No.22766009]

holy shit PMs are getting hammered today, I ve been busy what the hells happened this time? US dollar rebounding?

[Anonymous No.22766035]

>>22766009
they found El Dorado

[Anonymous No.22766037]

>>22765840
Driving compulsion morbid thoughts come to mind
Sexual release buried deep inside
Complete control of a prized possession
To touch and fondle with no objection

[Anonymous No.22766041]

>>22765840
Anons, any updates on the bullion dealers and premiums? Are they adjusting the prices yet?

[Anonymous No.22766055]

WHAT THE FUCK WAS THAT
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

[Anonymous No.22766057]

>>22766009
We aren't getting fiscal stimulus because house will try to use it as a weapon to prevent a scotus appointment

[Anonymous No.22766077]

Post favorite you have. Fo rememberers it’s my scuffed American silver eagle because it looks like a real coin. It’s worn a bit like normal coins are unlikely all my other stuff like my 3D regan round I have and all my other stuff so it looks like something that’s would exchange hands without hesitating. It feels like something normal.

[Anonymous No.22766079]

i need next pay check asap

[Anonymous No.22766086]

>-4,8% not even 2 hours into the day

[Anonymous No.22766129]

>>22765998

Should have added

7) The longer UBI goes on for, the worse the economy becomes, the more the currency gets trashed; thus causing more and more people to sign up to and depend on UBI in a vicious circle until everyone is a slave

[Anonymous No.22766144]

>Gigasmash just in time for my next semiannual purchase

You guys keep shit talking jp morgan but they keep doing me a solid so I can't really hate them.

[Anonymous No.22766169]

>>22766144
How many ounces you buying? If <100 you’re a pussy

[Anonymous No.22766190]

>>22766057
Guy I was talking with about allocated last thread:

Sprott etfs charge high fees. PHYS charges 0.45% and PSLV charges 0.67%. However PSLV is trading at a 3% discount to assets right now

[Anonymous No.22766211]

>>22766169
Not that anon but I think I’ll buy 20oz this week.

[Anonymous No.22766241]

>>22766041
Dealers are still charging over 4 bucks(20%) for canadian leaves for example.
Isn't this exciting? Anyone?

[Anonymous No.22766249]

>>22765840
Lol @ all the “SILVERS GOING TO THE MOON BUY AT $30 ITS THE CHEAPEST YOULL EVER SEE AGAIN” faggots

[Anonymous No.22766253]

>>22766211
What are you going to buy? Myself I’m thinking of getting some more American silvers eagles Andy maybe 5-10 Mercury dimes for the hell of it tomorrow

[Anonymous No.22766267]

What do the SLV even represent beside JPM own price fixing seriously? When i check the various trackers/ETFs on my broker none of them have the same prices than spot price. And i can't even buy them during this dip since the NYSE is closed.
Am i missing something here?

[Anonymous No.22766287]

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.22766305]

>>22766241
Yes, but what the hell is happening! Time to buy again?

[Anonymous No.22766310]

"Silver has retraced to $0. This is a very healthy level and it has key support here. I'm still very bullish and I predict $45 EOY."

Why are all technical analysts on Twitter meme line morons?

[Anonymous No.22766311]

>>22766267
The price per share doesn't matter. It is shares outstanding/total ounces held that matters. They can trade at their silver value/share and be different than the price per ounce

[Anonymous No.22766320]

>>22765817
>>22765695
>pay bills with brrr
>buy PMs with my now completely available paycheck

[Anonymous No.22766333]

>>22765998
Wow. Good thing I'm European.

Oh wait. We're going in the same direction too, aren't we? ...I might actually have to consider living in Africa or Asia.

[Anonymous No.22766336]

>>22766041
Here in yurop the coins barely moved since the (((spot))) crashed, i saw some good deal on bars but they were all sold out even before it crashed so it's basically a nothingburger....

[Anonymous No.22766342]

>>22766169
Back when silver was basically at the cost of production a few years ago I was buying 7-10k USD worth of metal at a time but this time it's gonna be ~5k just because I'm purposefully keeping a ton of extra powder around for the moment. I was gonna get mostly gold this go round but this silver drop is so clowny it's changing my mind.

[Anonymous No.22766354]

>>22766305
Looks like.

[Anonymous No.22766388]

>>22766311
Can you translate it as if i was a very low IQ autist (i am) ?
And does it mean i can't purchase any share at the current spot price?

[Anonymous No.22766389]

>>22766253
I wanna get 2 Scottsdale stackers :)
Anyone know how long they take to arrive?

[Anonymous No.22766397]

>>22766190
Aight. I suppose the good part about Sprott's ETFs is that they can doomp because they're an ETF

[Anonymous No.22766414]

>>22766077
That sounds pretty nice, American silver eagles feel like chucky cheese tokens desu
Come to think of it chucky cheese tokens are probably skyrocketing in value right now
Pic related: two possible designs for 2021 silver eagles

[Anonymous No.22766415]

>>22766342
>silver was basically at the cost of production a few years ago
Most silver costs $0 to produce because it's a byproduct of copper mining. If they don't produce it they have to pay trucks and landfills to throw it away.

[floor stacker No.22766428]

>>22766144
Based

[Anonymous No.22766442]

Eric Sprott's portfolio is down over 200 million dollars today, and, according to his friend Hemke, he won't sell a single share into this downturn.

"The shares were obliterated, too. And here's how bad and irrational it was. Just last week, Kinross announced a reinstatement of the dividend they'd eliminated back in 2013. And now, in the time since this significant bit of good news, the stock is down 12%. Utterly ridiculous and a great example of why you must try to remain rational at times like this. I can assure you that Eric isn't selling anything this week."

[Anonymous No.22766447]

>>22766428
dang that’s a chonky boi

[Anonymous No.22766453]

>>22766267
It tracks the spot price, less expenses and fees. Look up etfs expenses if you want to learn more about it, but basically (((they))) charge a fee to manage the fund, and that is where the difference in price is coming from

[Anonymous No.22766462]

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.22766472]

>>22766388
If there are 1000 shares of a trust that owns 20 ounces of silver, each share represents 1/50th of 1 ounce of silver. If the trust unit trades at the spot price of silver and silver is $50/oz, the trust would be priced at spot if it sold for $1.

Buy PSLV not SLV

[Anonymous No.22766474]

>>22765998
Shits fucked. Someone on biz was talking about the new Chinese wallets a few weeks ago they’ll try and pull this shit here

“translating the restrictions on the new digital RMB wallets. Basically you can't get more than 1k per day per wallet, you cant spend more than 3k per day, you can't save over a cap of I think 20k. Larger purchases need state permission.”

[Anonymous No.22766492]

If I was a JP Morgan stooge and I just got the go ahead to start dumping prices again, I'd drive it down so low it puts all the mines out of business then reveal that the comex is empty after we siphoned all the silver off

[Anonymous No.22766527]

>tfw I should care but I dont and just plan to stack more since its way cheaper now

It will go back up again and when it does ill have even more. Feels good man.

[Anonymous No.22766530]

>>22766414
1981 Chuck E. Cheese token baby

[Anonymous No.22766538]

>>22766453
>>22766472
Idk wtf i am doing but the only SLV ETFs i can buy spiked at around $23 at their peak last month and are at $20 right now. Like they doesn't seems to be tracking the spot price in any way, shape or form.

[Anonymous No.22766540]

>>22766530
Ironically more valuable than fiat currency LOL.

[Anonymous No.22766544]

>>22765998
Kudlow just said he doesn't think we will need
another big round of stimulus.
The little people got crushed again

[Anonymous No.22766560]

MY PAPERWEIGHTS ARE UNIRONICALLY LITERALLY WORTHLESS!!!!!!!!!!!!!!!!!

[Anonymous No.22766593]

>>22766538
SLV spiked to around 28 and is now at about 20. It's usually around 2 dollars below spot, although that changes based on the day and current price

[Anonymous No.22766611]

Sorry silver cucks. Bullrun is canceled.

Maybe in another ten years?

[Anonymous No.22766632]

>>22766593
>>22766538
Pic related

[Anonymous No.22766638]

>>22765982

[Anonymous No.22766655]

>>22766638
FWTDHWAHQUD HNGGGGGGGGGG

[Anonymous No.22766659]

>>22766632
>>22766593
>>22766538
Kek forgot pic

[Anonymous No.22766668]

OH NO NO NO NO I WILL NEVER RECOVER FROM THIS FINANCIALLY

[floor stacker No.22766690]

>>22766638
Would destroy every goblins in that pic

[Anonymous No.22766693]

>>22766492
>I'd drive it down so low it puts all the mines out of business
pls no i'm already down -22% on my miners portfolio. I should never have listened to the shills and stick to physical instead, i literally bought the top of these digginiggers.

[Anonymous No.22766698]

>>22766415
That's like saying some gold is free because it's the byproduct of zinc mining.
That's like saying that the coffee beans those bats shit out are free because it's a byproduct.

It still costs money to get it out of the ground dipshit. It still takes energy and machinery and labor and etc etc etc It costs less then the poor sods who specifically try to mine silver but it costs more than the 8 or 10 dollars an ounce or whatever nonsense number gets put out there.

[Anonymous No.22766703]

>>22766638
>One at a time, ladies. I've got dimes for days

[Anonymous No.22766709]

>>22766320
This guy gets it. History has told us so many times that if governments bring in a shitty rule to try and force people to do something that don't want to do, people will just find ways to work around it. Then again, with the sheer amount of kung-flu fud going around it might work this time on the fiat normies, but not gold chads.

[Anonymous No.22766714]

>>22766698
>It still costs money to get it out of the ground dipshit
yes, and all that money is paid by the copper they were actually mining.

[Anonymous No.22766719]

>>22766611

Let the paper price go down. I welcome it. The faster it falls, the sooner the fraud is exposed. When the COMEX defaults we get instantaneous true price-discovery of silver and mining stocks.

[Anonymous No.22766722]

The shared suffering definitly makes it more bearable. Anyways, I'm never selling, and I'm partially drooling at the fact that I can get my average down if this dumping continues.

[Anonymous No.22766733]

>>22766659
the silver trackers charts on my broker doesn't look like this at all. It must be because i'm a yuropoor or something or because degiro only list retarded stuff but it really look nothing like this.

[Anonymous No.22766756]

>>22766693
>digginiggers
thank you for a laugh in this trying time fren

[Anonymous No.22766778]

>>22766733
Post screencap

[Anonymous No.22766780]

>>22766719
>he fell for the comex isn't fully backed memes

Your kidding right?

[Anonymous No.22766838]

Smartest thing I did was stop playing paper altogether and just keep buying physical no matter what the price is. I’m up to around 35oz now with about $8 fv in junk. If there’s a paper breakout I have money set aside but I’m done trying to time it and just want the actual silver in my possession.

[Anonymous No.22766855]

>>22766733
WT PHYSICAL SILVER on DeGiro does look a lot like this when put on the 1y chart.

[floor stacker No.22766865]

>>22766780
A billion ounces trade every single day on the comex. The fact there aren't 100 trucks driving around New York fully loaded with silver moving it from warehouse to warehouse is proof it isn't fully backed.

[Anonymous No.22766880]

Just bought the crypto dip feeling like I need to buy the silver dip... should I wait?

[Anonymous No.22766882]

>>22766855
post pic

[Anonymous No.22766883]

How can anyone claim the price is manipulated? There is no shortage so this is true price discovery in action. If there was a shortage and price was still low, maybe I could buy the manipulation theory

[Anonymous No.22766900]

>>22758568
>the Fed can bypass the commercial banks
Does this mean I can access 0% interest loans, which is basically what the Fed already gives to commercial banks out of thin air, and skip the middle-man who charges an extra 3-5% while adding no value? I guess the flip-side of this argument is that any bad loans are on the taxpayer dime, but considering the banks already get bailed out by the fed everytime this happens, why not just eliminate the middle-man?

[Anonymous No.22766920]

>>22766838
You and me both anon. I lost all my gains from slv calls that I bought around July 20. Gained 250% on them and then cashed out after having a net loss of 40% on them. Sucks but in the mean time I was just stacking physical and although I could have pulled that money out to buy more, I am still comfy just broke 100 ozt.
I do have a single call that I will roll over every paycheck as a hedge in case it goes back up, in which case I will cash it out on my next purchase to save on the cost.

[Anonymous No.22766932]

SILVER DOWN 20% IN TWO DAYS
>SILVER DOWN 20% IN TWO DAYS
SILVER DOWN 20% IN TWO DAYS
>SILVER DOWN 20% IN TWO DAYS
SILVER DOWN 20% IN TWO DAYS
>SILVER DOWN 20% IN TWO DAYS

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

[Anonymous No.22766940]

>>22766883
>true price discovery
>market is leveraged with 100x the actual supply available
>not understanding an increase in supply results in a decrease in price

[Anonymous No.22766944]

>>22766883
The price of paper silver contracts are manipulated by Gordon Gekko from the 1980s fin-dom movie "Wall Street"

[Anonymous No.22766948]

>>22766778
Top is a 3 months chart of one of the ETF (EPA). I picked the one who seems to be the closest to follow spot.
Bottom is the list of SLV trackers i can chose from, with their different market place.

[Anonymous No.22766965]

>>22766883
The price action of gold and silver derive value from the derivative.
https://www.cnbc.com/amp/2020/09/23/jpmorgan-to-pay-almost-1-billion-fine-to-resolve-us-investigation-into-trading-practices.html

[Anonymous No.22766966]

>>22766865
>billion oz
is that total volume? big difference between volume and mcap

[Anonymous No.22766970]

>>22766948
Anon.. is this in euros?

[Anonymous No.22766981]

>>22765998

[Anonymous No.22767004]

>>22766966
Don't look at volume look at open interest. The difference is open interest is the number of contracts available for trade, and volume is how many contract trades happened in a given time frame

[Anonymous No.22767008]

>>22766970
Top left, anon

[Anonymous No.22767011]

>>22766932
why are they looking like literal demons coming straight out of doom 3? why so much TEETH? It's fucking spoopy...

[Anonymous No.22767032]

>>22766883
Jp Morgan bribes the government with one billion (lol, corrupt pieces of shit) because they provenly manipulated the price for the last 8 years
You can read it in major news, just search for jp morgan one billion and it will pop up

[Anonymous No.22767035]

>>22767008
That was rhetorical. No wonder the prices don't match. Everyone in /pmg/ talks about the silver price in terms of USD, not EUR

[Anonymous No.22767039]

>>22766970
Yes. Ofc i made the conversion, but even then it doesnt add up..

[Anonymous No.22767042]

>>22766883
silver derivative =/= physical silver
congrats on the most retarded comment i've read here in months

[Anonymous No.22767045]

https://youtu.be/h_HCIyc6MaA

All pmg frens need to watch this. QE is deflationary without lending growth. QE is a psychological headfake to trick the market into creating inflation. Instead, it actually reduces liquidity. They are...you know...lying. If Congress doesn’t pass more stimulus soon, we are going to see sharp deflation.

[Anonymous No.22767047]

Why buy rounds over bullion? I get that it's cheaper premiums, but would traders actually trust meme coins over eagles and leafs in a SHTF scenario?

[Anonymous No.22767072]

Somebody please explain money 'velocity' to me. Does this simply refer to the volume and speed at which new money is entering the system?

[Anonymous No.22767080]

>>22766249
Silver fags are more deluded then linkies, 12$ soon

[Anonymous No.22767097]

>>22767080
I hope i'd 10x my stack

[Anonymous No.22767112]

>>22767045
How can increasing the money supply in any way be deflationary? Is it only inflationary if the money is circulating? I don't see how that's the case.

[floor stacker No.22767117]

>>22767045
We were always going to deflation first. Even a minor deflation will cause every single institution and bank to fail because of how highly leveraged everybody is. The minor deflation will result in endless helicopter drops of money to prevent institutional failure. The endgame will always be inflation, not deflation.

[Anonymous No.22767119]

>>22767039
Interesting. I dont do forex so I'm not sure what the current rate of eur to usd is but I thought it was around 1 to 1.5, but looks like its more like 1.17. You're right those don't add up - I am not sure how foreign entities get access to the US stock market, so it would have to be something to do with that relationship would be my guess.

[Anonymous No.22767132]

>>22767112
don't engage we went over this shit with him 20 times last thread

[Anonymous No.22767148]

>>22767047
in a SHTF scenario only people who deal with PMs on a daily will care and check the most. every day average joe will not care nor be the wiser if this is the new currency.

[Anonymous No.22767149]

>>22767132
I'm genuinely asking, not trying to debate anyone just want to learn more.

[Anonymous No.22767169]

>>22766932
stOrE Of VaLuE, the schiff pump n dumps complete

[Anonymous No.22767197]

>>22767072
It's simply how fast the money is moving among economic actors (you, me, the grocery store,..) within the economy. Usually when money isn't moving anymore it means ppl are saving because they fear some economic shitstorm. But this time around it's not true : it's simply because the wealth have been so concentrated in the hands of so few (((people))) they are unable to spend it. That's most pseudo-economists forget to say with the current loss of velocity : few billionaires own so much an the average joe so little, the velocity can't go up anymore, no matter how much we little goyim try to spend.

[Anonymous No.22767200]

>>22767148
I always wondered why people thing PM would be currency in a real SHTF scenario. Maybe at first when there's a semblance of society but when things break down to small bands trading with one another wouldn't a barter system with food and supplies dominate?

[Anonymous No.22767214]

>>22767112
There's a chart on the fed website saying bank loans are 3% lower than in june. He thinks the money supply is lower, even though it isn't. Even though banks loans are lower overall credit is still increasing

[Anonymous No.22767229]

>>22767132
Actually though this faggot >>22767045 is just trying to muddy the waters. Everyone carry on.
>>22767072
Close. The rate at which money is circulated.
>>22767112
It cant be the guy is muddling the waters

[Anonymous No.22767235]

>>22767119
Well, i guess i'll stay far away from this shit then, i don't feel so confident when i ignore what's going up. Thanks anyway for trying to help fren, appreciated.

[Anonymous No.22767251]

>>22767169

Funny how Sprott and Schiff are selling literally nothing then >>22766442

[Anonymous No.22767256]

>>22767235
No problem anon. Good luck to you in your investments

[Anonymous No.22767274]

>>22767200
Even in the fractured kingdoms and tribes of the old days used silver and gold. Even the hordes of barbarians, mongols, and huns.

[Anonymous No.22767280]

>>22766333
TRIPS OF DESPAIR

[Anonymous No.22767300]

>>22767047
Rounds and bars= more silver for your money. Don’t forget that government minted bullion is also faked frequently, as well as junk silver half dollars, peace dollars and Morgan dollars. In a SHTF scenario silver is going to be tested regardless of what it is, except for silver dimes and war nickels because cull ones are never faked. All you need to test silver is either a scratch stone and nitric acid, or a mechanical scale along with a beaker full of water, pen and paper for doing math, and a neodymium magnet.

[Anonymous No.22767302]

Peter Schiff basically capitulated and said at least if you buy gold you ill lose less money than the money you'll lose on stocks. I think the dollar bull market is here to stay until the end of the year.

[Anonymous No.22767318]

Well one positive thing about the current volatility is that /PMG/ threads are about 10x faster now.

The negative part is that the newfags, sour grapes "haha I told you so" divas and idiots are back.

[Anonymous No.22767321]

Guys d-don't worry the COMEX is gonna default any day now!

[Anonymous No.22767335]

>>22767318
Well said anon

[Anonymous No.22767337]

>>22767200

Society won't break down without paper money, it will heal and boom. Q. E. is why everything is so broken. Only difference is the purchasing-power will be transferred from dollars and dollarized stocks to people holding real wealth, i. e. gold silver and miners.

[Anonymous No.22767342]

>>22766719
But normie investors have no idea about this, and true normies, ie. people who don't own stocks and know nothing about the markets, which is an extremely large portion of the developed world, won't know or care that this has happened. Can we really assume that such an extraordinarily high amount of money will be flowing into metals and miners after a COMEX default?

[Anonymous No.22767345]

>>22767321
I wonder if it's happening as we speak. What if it goes to zero..?

[floor stacker No.22767351]

>>22767200
Why in the ever loving fuck would we go back to barter when money exists. Imagine the coincidence of wants for barter to work in a highly complex society, how many hair cuts is a Tesla battery worth? How many bullets for a vacuum? Holy fuck if only there was some medium of exchange more efficient...

[Anonymous No.22767359]

>>22767321
>Deluded incels holding shiny rocks

it's almost funny

[Anonymous No.22767401]

I'm in a position to buy a shit load of silver right now. I swear to god biz, you fucks better be right about this silver to the moon by eoy talk.

[Anonymous No.22767408]

>>22767149
Watch the video. Seriously. 2 really smart people. At worst, you just listened to 2 very smart people articulate a differing opinion and you can only benefit from it.

[Anonymous No.22767424]

>>22767342
>Can we really assume that such an extraordinarily high amount of money will be flowing into metals and miners after a COMEX default?
Based on supply and demand alone, yes. There's not enough at current prices.

[Anonymous No.22767432]

>>22767359
Is there a reason you're in a PM thread saying these things? Either you have no life (ironic you call anyone an incel) OR you're on someone's payroll. Which is it?

[Anonymous No.22767433]

>>22765998
Don't forget the 7 :
7) Fedcoins have limited duration in your FEDwallet, if you don't spend them within a limited timeframe (30 days for example), they disappear. Unabling taxpayers to save up any penny and forcing you in eternal slavery, while artificially propping up the economy, since you either buy a new TV or your fedcoins go *poof*.

The ultimate jewish trick, the final move of the synagogue of satan to enslave us all.

[Anonymous No.22767438]

>>22767401
Making an investment without understanding why you are making it outside of biz memes is retarded. Trust me, I've learned that many times over. That being said, if you choose to be retarded, at least you're being retarded with the right investment.

[Anonymous No.22767449]

>>22767401
Silver goes up and silver goes down. Buy physical when it’s the cheapest for you and don’t listen to the people saying “SILVER IS NEVER GOING BACK DOWN BUY ALL YOU CAN AT $30!!1!!1!1” because it’s clear they’re wrong.

[Anonymous No.22767478]

>>22767432
Sour grapes, or got in an online argument with a PM holder before and got emotionally hurt/invested into forever hating shiny rocks.

[Anonymous No.22767497]

>>22767359
It's a race to the bottom for everything. Unless you're holding SDOW or SQQQ or it's equivalents.

[Anonymous No.22767518]

>>22765840
If silver goes back up to $23.50 I’m backing up the trucks, it’s already on the rise again and I can’t twiddle my thumbs anymore

[Anonymous No.22767519]

>>22767449
We might have just hit the bottom on silver. I'm not good at TA, but it looks like 1 more dollar, tops.

[Anonymous No.22767533]

>>22767497
Shit I'm holding spy puts but I dont know why I haven't thought about loading up on sqqq or spxs yet. Thanks anon

[Anonymous No.22767545]

>>22767321
>be anon
>see big dip
>try to profit and buy some shiny rock
>prices of physical didn't move by an inch
it already defaulted anon...

[Anonymous No.22767579]

>>22767497
I can tell you right now, bonds are not going down. YCC will be a lot cheaper for the fed and feds than bond yields at 5%. In a free market, US30Y would probably yield 13+%. It would literally kill every facet of the economy. I have bond puts just in case powell does the right thing, but it won't happen. Equities would literally fall 90% if rates floated at this point in the game.

[Anonymous No.22767580]

>>22767519
Everyone here said $27 was the rock bottom. It’s clear most people in this general are nothing but vultures that want to turn a quick profit on silver and they go fucking ballistic when it goes back down again

[Anonymous No.22767587]

>>22767533
You're welcome.
Also, can any anon answer how long it took for banking crisis the last time everything crashed?

[Anonymous No.22767605]

>>22767251
BuLlIoN dEaLeRs ArEnT SeLlInG. Nice cope poorfag

[Anonymous No.22767627]

>>22767580
>It’s clear most people in this general are nothing but vultures that want to turn a quick profit on silver
You couldn't be further from the truth you fucking kike. Do you really believe we can unload our stacks within seconds like your shitcoins pump and dump scams?

[Anonymous No.22767632]

>>22765967
You have to pay VAT on the imports. Buy silver coins from Estonia for VAT free silver or bend over, Dutch fren.

[Anonymous No.22767635]

>>22767579
>bonds
So, how does this work? You buy the bond and sell it back to the Fed at a higher price I'm guessing?

[Anonymous No.22767639]

>>22767580
I legitimately thought that 26 was the bottom based on resistances and trends. I was wrong, but if you look at the graph before the tank you can see why that would look like a nice floor. It broke the 26 and I immediately cashed out my silver related stocks and options, except for some miners.
I personally am happy it went down so I can buy more physical, but would have been fine with it going up too for short term profit.

[Anonymous No.22767655]

>>22766077
>nice fingerprint
C.S.I. mode: Engage
>"Lets get that up on the big screen."
>"We've got a print Sir, running database search for match"
>"yes, yes, good... we've almost got it"
>"Results indicate possible matches,... 12,672 individuals match this partial print Sir"
>"Dammit that's not good enough!, this is only a half hour episode We should be able to solve this!*"
>CSI lead character leans forward towards screen, gives intense meaningful look
>"Enhance image!"
>"Rotate 13 degrees!"
>"Zoom in 36 percent!"
>" Enhance!"
>CSI characters exchange powerful expressive glance towards each other
>"Run the search again!"
>Things flash on screen
>Computer makes a confirmational tone sound
>"Its a positive match Sir !"
>"Its a one James Reginald Darcy , known perp with a checkered past,... that's him Sir, we've got him."
>"Alright what do you got for an address!?"
>Actor pretends to do something on the keyboard
>"He only live 2 minutes from here. Start the van Jeff!""
>blurry car ride and arrest scenes time compressed into the reaiming 75 seconds of the 1/2 episode.
>closing shots of Karen CSI lady walking to her car at end of shift, then sitting at the bar with Chad CSI guy, sipping drinks and looking smug

[Anonymous No.22767681]

Anyone have luck (or horror stories) with buying on Craigslist?

[Anonymous No.22767698]

>>22767635
A bond is just debt. When you buy a bond, you are giving the issuer money and receiving an agreement they will pay that money back plus interest at a later date in the future that is specified on the bond. When someone talks about buying government bonds, they are just loaning the government money witu the expectation of getting more back in the future. The fed buys bonds to put money into circulation (and also siphon off our wealth as a nation) but thats a conversation for a different time

[Anonymous No.22767712]

>>22767605

Eric Sprott isn't a bullion-dealer. He's an ingenious investor who has almost his entire net-worth (about $2 billion) in dangerous ultra-leveraged junior mining stocks, and, as is said here, >>22766442 he isn't going to sell a single share. Wonder what he knows that you don't?

[Anonymous No.22767717]

>>22767681
>Craigslist?
jesus no. do you want to get raped mugged and murdered?

ngmi

[Anonymous No.22767753]

>>22767639
The floor is single digits retard, below 20$ it’s a freefall

[Anonymous No.22767759]

>>22767655

[Anonymous No.22767765]

its OK I never wanted to retire anyway

[Anonymous No.22767775]

>>22767580

You're a liar. Apart from the paedophiles and neo-Nazis who infest this whole website, this thread is full of good, kind people who are simply trying to help others protect themselves from an inevitable collapse. Anybody who bought gold, silver, or miners during the past six months is going to be protected and make a fortune when this ponzi-scheme tumbles down any day now, no matter what their entry-point. The people who post here should be proud of what they have done.

[Anonymous No.22767780]

>>22767753
>not reading my post
>responding
Ngmi

[Anonymous No.22767795]

>>22767579
I’ve got a sizable amount in TLT. I think Steven van Metre is onto something with The notion that with record low sentiment and short positions on bonds, we might have the mother of all short squeezes.

[Anonymous No.22767796]

>>22765998
How do we profit or at least preserve our wealth?

[Anonymous No.22767800]

>>22767753
Show us the calls you wrote today or gtfo

[Anonymous No.22767860]

>>22767796
You don't, you just start taking them with you.

[Anonymous No.22767865]

>austrian sperg is here
I'm tuning out for the night. My queen beasts just shipped today. Will post when they arrive. Good night anons.

[Anonymous No.22767866]

These roos are so tempting now haha

[Floor Stacker No.22767867]

New Peter Schiff video!

https://www.youtube.com/watch?v=Dv0AeCujhAQ

Unfortunately I don't think he quotes black crime statistics in this one

[Anonymous No.22767874]

>>22767780
Nobody who bought silver or gold in the last decade has made it, silvers down over 50% since then, it has low value the markets told you this for a long long time. Gold is ok as a small hedge

[Anonymous No.22767881]

>>22766883
>There is no shortage

There is though. The Perth mint only has 38000oz of fabricated silver available for allocated purchase and they haven't had any minted bars in stock for months now. Same story all over the world.

[Anonymous No.22767933]

Guys, pulled the trigger today and bought 20 oz, to add to my stacklet. Up to 45 oz today of silver. Next goal is an easy 50, then 75, then 100. I imagine I can have 150-200 before christmas if I don't dick around.

[Anonymous No.22767935]

>>22767881
Low Iq fag detected. they restrict bullion supply to sell At a premium rather then closer to spot, they all work together on this to ensure the premium stays and doomers think there’s a shortage of silver. LOL

[Anonymous No.22767947]

>still waiting for silver waifu to arrive
utterly ruined
life is a fail
not able to solve this

[Anonymous No.22767954]

Alright faggots, I don't have anymore cash bc I bought the top but I do have gold.
>trading .75oz of gold for
>1 Scrofa Roll, 1 Cheonwange roll, 10 aus coins
goooooooooooooooooooooooooooooooooooooooooooooooooooooood damn alright thats not bad

[Anonymous No.22767958]

>>22767874
Thanks for the advice but I dont tend to listen to retards for my investments. I'll be sure to reach out if I need help finding a nice quality set of noise canceling earmuffs

[Anonymous No.22767980]

>>22767947
I remember you posting about this like 2 weeks ago. What is the shipping eta now and when it was ordered? Whered you get it from? I low key want one of these

[Anonymous No.22767981]

>>22767775
Thank you for your insights and advocacy, miner anon. We all hope we're on the right path.

[Anonymous No.22767994]

>>22767958
Who’s the retard the one who made money or the one who didn’t even beat inflation?

[Anonymous No.22768014]

>>22767775
based
>off by 2

[Anonymous No.22768018]

>>22767994
Post portfolio with timestamp or gtfo lapping faggot

[Anonymous No.22768029]

>>22767947
I want one too bro sucks you're still waiting

[Anonymous No.22768114]

[Anonymous No.22768139]

>>22768018
silver incels absolutely seeeeething

[Anonymous No.22768162]

Anyone got a current GSR chart? I'm a busy mobilefag

>>22768114
That's gotta be the most bizarre stack I've ever seen on /pmg/. Saved.

[Anonymous No.22768171]

>>22767980
ordered direct from maker on Aug 9th
price $1950 usd
later realize makers website is actually in Columbia.
oof...
but they sell direct to US burgers so ok.
received email from maker a week ago saying package on the way
it must pass thru border/customs,...
>oh fuck what have i done?
its still somewhere enroute i have no idea where
no new updates from seller or shipping company

since ordering i have seen them available at JMBullion and other places ready to ship for around $1750 or so

not my best move on this one. but its original and limited production and FOMO got me

[Anonymous No.22768182]

>>22767717
Cmon, someone has to have tried.

[Anonymous No.22768246]

>>22768162
I took one more.

[Anonymous No.22768265]

>>22768182
>someone has to have tried
maybe they did,
but they didnt live to tell about it,...

[Anonymous No.22768290]

>>22768139
Nice way of saying you lost money on the market and are coming here to vent your anger. Its okay anon, we're here for you. Just buy some silver on this nice dip

[Anonymous No.22768319]

>>22768265
People have traded silver in person for thousands of years. NGMI if you can't trade in person.

[Anonymous No.22768326]

>>22767351
in society yes its retarded but i mean full apocalypse where society breaks down

[Anonymous No.22768509]

The price of metals right now are an illusion. Only the weak minded sell.

[Anonymous No.22768513]

At the end of the day, if there is still plenty of cheap physical silver available to Joe Schmoe, then there is no harmful manipulation.

Once all the physical silver runs out, everything will work itself out.

[Anonymous No.22768522]

>>22768319
True, but it was in nigger-free societies..

[Anonymous No.22768524]

Threadly reminder that anyone that tells you to sell without posting a timestamped pic of their stack or mining portfolio is almost certainly posting in bad faith. 90% of this board is Indian scamcoin bullshit, apply the same advice filter here.

[Anonymous No.22768558]

>>22768524
what could anyone possibly gain by people selling?

you guys are completely nuts

[Anonymous No.22768563]

>>22768513
I wanna take screenshots of the largest online store in my country : everything is out of stock.

[Anonymous No.22768604]

>>22768558
>what can people gain from other people selling
Their silver anon. Their silver

[Anonymous No.22768610]

>>22768558
Na man the reason for the crash is cause someone fudded silver on biz

[Anonymous No.22768629]

>>22768604
yeah, sure if they convince you to sell the them, but nobody's doing that.
>>22768610
right? kek

[Anonymous No.22768658]

>>22768558
I was going to explain to you that this general is constantly swarmed by salty faggots who lost their unemployment check gambling on shitcoins and TQQQ plays, but then I noticed you posted the same tired shill line about silver being free to mine because half of the current supply is dug out of base metal mines.

Of course, you have repeated this lie that its free several times over several threads and been corrected repeatedly. You know well enough that it costs a lot of money to process ore down and refine PMs from it, and you know that the refining flow chart for zinc and lead and iron are different from silver. You have spread this same FUD repeatedly because you enjoy lying. Probably because of your gene pool getting reduced to 300 people near the black sea in the middle ages.

[Anonymous No.22768665]

silvcells hate money so much they give what they have away to buy an asset that’s depreciated even more then cash in the last 10 years. That ain’t easy to do

[Anonymous No.22768669]

Fragilistas be gone

[Anonymous No.22768691]

>>22768524
I don't post in bad faith. I have no interest. I just want truth and to talk economics amongst fellow stackers. Anyone selling their physical right now is ngmi. I think we are still going down further, but trying to time this market with the supply issues we've seen is playing with fire. But paper? Yeah, I sold. I sold my miners and am keeping some dry powder on the side to buy in later, hopefully cheaper. I put the rest into unironically dollar bull etf and long dated treasuries etf. I am sincere in believing we will see a dollar spike and possibly a massive bond short squeeze since I do believe QE is actually deflationary and with all the shorts on treasuries...could be a massive short squeeze pop.

[Anonymous No.22768697]

So uh, why is there such a huge drop in PM prices this week? I thought we were going to moon.

[Anonymous No.22768703]

>>22768658
none of this explains how anyone profits off biztards selling a few ounces of silver

are you fucking retarded?

[Anonymous No.22768710]

Just ordered two rolls of silver Washington quarters and five BU walking liberty half dollars. Tell me if I did good or not.

[Anonymous No.22768719]

>>22768665
>silvers an asset
>not money
Okay shlomo

[Anonymous No.22768727]

I'm noticing an uptick in FUD in these threads. More nasty negative comments than usual. Anybody else noticed this?

[Anonymous No.22768756]

fugg maan im not even gonna look at my miners for 2 months

[Anonymous No.22768759]

>>22768697
We're seeing the effects of significant deflation. It's going to take Congress taking action for us to actually see any inflation. Since the stimulus talks broke down and they signaled no move before the election, we are seeing the reality of things.

[Anonymous No.22768764]

>>22768182
Bought most of my stack from Craigslist.

[Anonymous No.22768766]

silvcucks

[Anonymous No.22768776]

>>22768658
>Probably because of your gene pool getting reduced to 300 people near the black sea in the middle ages.
fudding kike btfo for eternity

[Anonymous No.22768781]

>>22768727
>tell people to buy the top
>tell them it can only go up
>people buy the top
>silver crashes
>why so many nasty comments lately?
you idiots

[Anonymous No.22768782]

>>22768710
You did good. I love Constitutional silver and BU Walkers are worth any premium.

[Anonymous No.22768795]

>>22765840
I wonder (((who))) could be behind this?

[Anonymous No.22768817]

I bought a bunch more on Monday. No ragrets. Not selling. If it falls some more, I'll buy some more.

[Anonymous No.22768824]

>>22768703
Profit for spiteful genetic failures like yourself isn't always monetary; most people with your heritage take an almost sexual pleasure in seeing other being deliberately misled.

However, spreading FUD in one of the only places around that is actually loading up on the most undervalued bunch of assets in the world is also the purview of people paid to do so on behalf of those who will tolerate not even a 0.4% increase in price during their accumulation phase. And considering how bad at this you are, they couldn't have spent much on you, so any dissuasion from the asset class is a net gain for them.

[Anonymous No.22768828]

>>22768795
>misteriously
more like M. (((Misteriousky)))

[Anonymous No.22768863]

>>22768781
This is why I think some of the big names in the PM space are retarded when it comes to macro. The end game of their thesis may be correct and gold is going to win in the end (I agree), but their explanations for the mechanics of things is just wrong and it leads to really bad short term predictions. It's bad expectation management. Is it good that people buy physical PMs? Yes. Should they do it leveraged? No. Should they be expecting a moon any minute? No.

[Anonymous No.22768874]

>>22768265

[Anonymous No.22768878]

>>22768824
>most people with your heritage take an almost sexual pleasure in seeing other being deliberately misled.
that's why I come here.
I love watching you mislead yourself and others

[Anonymous No.22768886]

>>22768727
Definitely noticed an increase over the last week, or so. I'd wager some of them are angry newcomers, bitter about their loss.
Others (the majority) are seeking to FUD good money, in the hopes that there will be less of us that get ahead.
Jokes on them, this is the best general on 4chan, and likely has people that are well beyond falling for lameduck tactics.

[Anonymous No.22768898]

>>22768863
They’re just shills, they’ve been calling for $100 silver literally forever and anyone listening has lost money since 2010

[Anonymous No.22768937]

>>22768863
yeah, they definitely need to lower expectations, particularly with silver. It's always been a terrible investment, but a decent savings plan.

[Anonymous No.22768950]

>>22768898
Wew lad a shill shilling that everyone else is a shill. We've hit shillception lads, everyone brace for impact.

[Anonymous No.22768955]

>>22768563
Infinite supply on jmbullion my friend

[Anonymous No.22768972]

>>22768955
>infinite supply
When did jm bulliom start selling paper?

[Anonymous No.22768978]

>>22768697

The bankers are crashing the paper price in order to exit their short positions. But this will only go against them. The lower the paper price goes, the closer we come to getting true price discovery in the price of silver. Even more pressure is going to be put on real physical silver now. Premiums on coins remain, but, at the wholesale level, people can now buy one third more physical silver than they could before this attack. I just sold what little gold I had left and registered another 1000-ounce silver bar. Other people will be doing the same kind of thing. Silver isn't going to climb steadily. You'll simply wake up one day and find that it's suddenly worth 5x more than you bought it for; that the miners and bullion-dealers now determine the price; and that your mining stocks have gone up 20x pre-market.

One of two things is going to happen now:

1) The stock market keeps crashing, owing to tapered liquidity, and the Fed refuses to step in. A banking crisis will quickly ensue. People will fly out of the $60 trillion stock market, and out of the banks, into metals, in order to preserve their wealth. This will swiftly break the manipulated paper markets.

2) The Fed steps in and turns the money-printers back on to halt this stock-market crash. This, also, will make silver and miners soar to unprecedented heights, in response to an admission of what is essentially indefinite monetary inflation.

>>22767981

Thank you, you are very kind.

[Anonymous No.22768997]

>>22768937
>It's always been a terrible investment, but a decent savings plan.
I think it’s just the opposite. Due to the inherent volatility of silver you stand to make a decent chunk of change if you buy the dips and sell the highs. But its volatility is also what makes it not a very good long term store of wealth. Gold is the opposite, yeah it’s usually going to go up but not enough for you to sell and make a profit. But gold is the best store of wealth on earth and is almost completely stable compared to silver

[Anonymous No.22768999]

>>22768878
I remind you that no matter what you've read in the Talmud, that lying, whether to Hebrews or the goyim is not permissible. It is the greatest loss to you since Babylon that so many believe you can weasel your way around what is and isn't permissible. Adonai will not abide liars and you will be punished as those who bore false witness before Moses were punished. Why else do we have the proverb "A false witness will not go unpunished, and he who speaks lies shall perish"?

[Anonymous No.22769000]

>>22768972
Go on their site. You could easily spend your entire net worth and not buy out any product, much less their whole inventory

[Anonymous No.22769023]

>>22768999
Read the prophet Jeremiah; the main complaint against Israel and Judah was their incessant lying

[Anonymous No.22769027]

>>22769000
Was a joke anon. I love jm bullion. Happy stacking!

[Anonymous No.22769055]

>>22767433
Checked and True

[Anonymous No.22769060]

>>22768978
>2) The Fed steps in and turns the money-printers back on to halt this stock-market crash. This, also, will make silver and miners soar to unprecedented heights, in response to an admission of what is essentially indefinite monetary inflation.
Fed can't do this. It would take Congress to act again with more stimulus. The reason we are tanking now in part is because we've run out of stimulus gas and Congress has signaled no deal until after the election at the earliest. At this point, deflationary forces are working unchecked and Congress hasn't signaled a reversal of course yet. It's why Powell is practically begging Congress to do more. The Fed has no more tools if banks won't lend.

[Anonymous No.22769084]

>>22768863
I agree. A lot of those loud mouths like Peter Schiff and Mike Maloney run gold funds or literally sell bullion. They sound like boomer commercials.

Still, for me the bull case for PMs is clear
>Economic stagnation.
>Federal Reserve determined to devalue USD.
>US Government solvency depends on weaker dollar.

[Anonymous No.22769085]

If you truly think the price is being manipulated for an accumulation phase then you should take advantage of it and stack instead of bitching.

I think people are just impatient and want to be proven correct to their idiot friends.

[Anonymous No.22769087]

>>22769060
Fed can do anything they want. Simple as.

[Anonymous No.22769120]

>>22768997
yeah, it's not good short term. 20+ years it does ok.
>>22768999
you know a suspiciously large amount about jews. I'm not jewish though so you're pissing in your own mouth here

[Anonymous No.22769147]

STERLING NIGGAS

What hallmark is this? Boggles my mind. I cant find shit on any site.

[Anonymous No.22769162]

>There are people who legitimately believes that /pmg/ does pump and dumps on physical gold and silver like a crypto shitcoin.

[Anonymous No.22769178]

>>22769120
yeh, literal Jews are on here fomoing people into buying their bags before /they/ nuke it back to single digits

[Anonymous No.22769181]

>>22769087
I know that's a popular meme, but it's just not true. The Fed is stuck.

[Anonymous No.22769195]

>>22769060

At some point, Congress will have to act in order to halt this market crash. If the stock market falls any farther, the banks are going to collapse, and then you will need tens of trillions to bail them out. That will completely trash the dollar. If and when it gets to that point, then the case is even more bullish for PMs. Whether we get, on one hand, deflation, a banking crisis, and a flight to PMs for safety, or, on the other hand, renewed and indefinite money-printing, there is no conceivable circumstance in which silver does not soar.

[Anonymous No.22769216]

>>22769087
Stop responding to that faggot. He literally went on about how the fed doesn't influence the money supply. He will take up 20% of this thread on this shit.

[Anonymous No.22769217]

How low we going? Looking to buy but think we might tough back down to $19

[Anonymous No.22769221]

>>22769195
Stocks crashing due to deflation is bullish for pms? Ok kid, what’d you learn from March when silver fell more then the stock market?

[Anonymous No.22769235]

>>22769087
While he's right for the time being, he's forgetting the Fed's trump card: FedCoins >>22765998 . Not implemented yet but they are trying to sneak it into existence and will at some point.

There is also Trump's stimulus card - which will get a shit ton of money flowing.

I can't see how you can neglect those two things. Steven van Metre ignores them completely. Low -T smart brains like Jeff Snider acknowledge it but blabber on about how the disinflation - then deflation is a guarantee.

NOW IS THE TIME TO STACK PMS. ITS LITERALLY HAPPENING

[Anonymous No.22769240]

>>22768978

Wow I wasn't expecting a serious answer. But what you said made a lot of sense.

[Anonymous No.22769245]

As they get margin called and liquidated they dump their paper silver causing a cascading waterfall, this will happen down to 8-9$ this time

[Anonymous No.22769249]

>>22769217
if silver goes below $20 I will unironically go all in

[Anonymous No.22769279]

>>22769221
The government isn't going to allow deflation. They are threatening banks, interrogating and brow beating Powell, and talking about a digital-dollar. If money doesn't get moving, heads are going to roll.

[Anonymous No.22769284]

>>22769221

The COMEX nearly broke on the 23rd of March. They barely stitched it back together by changing all the rules about the kind of gold which was eligible for delivery. Another crash to March levels would break the COMEX for good. What you don't seem to understand is that, when silver reaches true price discovery, it's going to happen so quickly it will knock you down. One moment the dot on the screen is telling you that silver is $15, the next day you wake up and hear that the COMEX has defaulted, and the miners aren't selling anything for less than $100 an ounce. It happened that quickly with Palladium, it will happen also with silver.

[Anonymous No.22769289]

>>22769249
Backing up the truck at 20. I would have put in an order when it dipped below 21 if I could have been quick enough

[Anonymous No.22769298]

A serious question then. How much gold and silver must you stack is enough? When is it enough?

[Anonymous No.22769308]

>>22769216
https://youtu.be/h_HCIyc6MaA

I really want everyone to watch this. Please step out of your echo chamber and expose yourself to alternative views.

[Anonymous No.22769314]

>>22769298
When you feel satisfied anon

[Anonymous No.22769316]

>New peter schiff podcasts two days in a row

[Anonymous No.22769350]

>>22769195
I think that banks will be the sacrificial lambs to the “Great Reset”.

I see no bailouts for the banks.

[Anonymous No.22769351]

>>22769249
Bottom is in I wish I could have bough couldn’t wait until I got my check rip

[Anonymous No.22769354]

>>22768978
Who do JP morgan pay their fine too? Did TD bank pay their fine to the same place? I don't understand who is supposed to collect these "fines" for manipulation, seems more like bribery

[Anonymous No.22769356]

>>22769298

30 ounces of gold puts you in the top 1% of gold-holders, 60 ounces of silver puts you in the top 1% of silver-holders. (Secondary source for first statistic: McAlvany Financial, secondary source for second statistic: Maneco64. But I don't remember the primary sources.)

[Anonymous No.22769460]

>>22769354
>Who collects these fines
Some part of government
>Seems more like bribery
It is, the government wants manipulation to go on so plebs dont notice how they get fucked, and they collect some money on the way

[Anonymous No.22769464]

If I can just get 50x on my small cap miners, I’ll be happy.

[Anonymous No.22769466]

>>22769350

>>I think that banks will be the sacrificial lambs to the “Great Reset”.
>>I see no bailouts for the banks.

If the banks are allowed to fail, everybody's savings will be completely wiped out. I don't think something so politically expedient will be permitted. But even if it is, PMs will soar in reply. There will be a stampede into them, as being the only assets which preserve wealth without counter-party risk.

>>22769354

Craig Hemke just now:

"Never forget, too, that full-on price manipulation will continue for as long as the LBMA and Comex exist. Do you think this puny little fine announced today will do anything to dissuade the behavior that led to the sanctions? Of course not. If anything, JPM et al will feel even more emboldened to keep going. A one billion dollar fine is chump change. Only kicking them out of the business or perp-walking some senior executives to jail would effect change. This whole this is bogus, wrapped inside of a sham, enveloped in fraud. There's a reason why I've always considered the CFTC to be unindicted co-conspirators. Who gets the $1B in cash? You? Me? Anyone else defrauded and scammed by JPM? Again...of course not. The cash goes directly to the CFTC. And what will they do with it? Fund more Inspector Clouseau investigations as well as a lavish holiday party. It's all so infuriating that I really must move on before I break my MacBook from pounding the keyboard so furiously."

[Anonymous No.22769478]

>>22769308
I have been following Steven for a while and watched all his videos. Try not to fall in love because he has yet to cover a few sticking points
>Mechanics of QE
He says QE thru OMO takes cash out of the system. But the Fed's Primary Dealers create the money used to buy the treasuries. They don't use cash from their proceeds, and even if they did, buying from the secondary market would just give deposits to whatever institution sold them the bonds.

>FedCoin
Sorry but its a serious kink in his theory and is in the works both by the Fed and getting proposed to congress. Steve sidesteps this completely. Even Fisher Equation deflation guy Lacy Hunt was saying: "If you make the Federal Rasurve liabilatus legal tender, you will cause Hypperinflation"

This is all bullish for PMs

[Anonymous No.22769479]

>>22769284
Sigh, I wanted to buy a little bit of palladium when it was worth 900 mapleopoly money. None of the cucknadian dealers had palladium though.

[Anonymous No.22769489]

>>22769298
Let's look at it from a historical perspective.
In 1938 a farmhand wagie made on average $300 plus board, which was usually for 7 months.
Source:https://babel.hathitrust.org/cgi/pt?id=mdp.39015059391089&view=1up&seq=75
$300 is about 231 oz of silver assuming they got a bunch of peace dollars, or 33 oz a month.
Stack as high as you desire, but there's a frame of reference.
Personally I'm working to get to 100oz, then I'll consider gold.

[Anonymous No.22769495]

>>22769356
>60 oz is top 1% for silver
Did you mean 600oz? 60 seems way too low.

[Anonymouse No.22769498]

hey /pmg hows it going. been a couple weeks since i was here, still noticing a lack of shiny rocks...
with this price drop any anons care to comment on the worst purchase you've made so far?
for me its got to be 2020 kangaroos for $35.01 (USD) a piece. i got 5 of them, for easily $2 a piece more then other places but was picking up a 1986, which also has dropped like 10 bucks... but i don't regret that one lol

[Anonymous No.22769499]

>>22769356
>60 ounces of silver puts you in the top 1% of silver-holders.
wow that's it?

[Anonymous No.22769501]

What the fuck is going on with MUX/McEwen?
I know silver/gold are down but it's been steadily declining the past 1-2 months.

EXPLAIN PLS

[Anonymous No.22769512]

>>22767947
Unironicly where can I order this?

[Anonymous No.22769521]

>>22769466
Hemke couldn't have said it any better

[Anonymous No.22769535]

>>22769479
I am skeptical of the utility of platinum and palladium. Gold and silver have the historic notoriety, I don't see why people would jump to palladium as money, even if it is more rare or useful than gold.

[Anonymous No.22769536]

>>22769495
>>22769499
the number is low because most people don't stack silver. Gold is far more popular

[Anonymous No.22769538]

>>22769512

https://www.jmbullion.com/1-kilo-antique-finish-britannia-silver-statue/

[Anonymouse No.22769541]

>>22769501
it was way over bought since march, so it had to cool off, and we're entering a recession so expect it to do poorly before boomers rush in and it sky rockets again lol

[Anonymous No.22769562]

>>22768171
Topkek anon. I'm sure it will find its way to you. I dont mind having bought silver and then it goes down the next few days, but it is a little more rough when you don't even have it in your hands yet.

[Anonymous No.22769564]

>>22769541
Damn, should I sell and put into a different miner?

[Anonymous No.22769581]

>>22769498
I bought a Ron Paul meme coin for $36.50. But that was funny enough to be worth it.

One of my first purchases was a coin on eBay. It turned out to be $37 after shipping and taxes. (I didn't realize taxes would fuck me so bad)

[Anonymous No.22769584]

>>22769535
I wanted to have a maple in all 4 metals, just an autistic thing, not really any rhyme or reason.

[Anonymous No.22769591]

>>22769495

No, the number really is 60 ounces to be in the top 1% of silver-holders. Which gives you an idea of how quickly this manipulation is going to break. Silver is incredibly rare and precious. Nobody stockpiles it, and most of the annual supply gets consumed in industry.

Maneco's video; go about halfway through, all the statistics are there.

https://www.youtube.com/watch?v=5jjT-AvBT_g&ab_channel=maneco64

"If you want to be in the top 1%, you need 60.9 ounces."

If you want to learn how rare and valuable silver really is, see the interviews which Keith Neumeyer recently did with Mike Maloney, as well as his other interviews on Youtube.

https://www.youtube.com/watch?v=nX6dJj6IU9o&ab_channel=GoldSilver%28w%2FMikeMaloney%29

[Anonymous No.22769604]

>>22769564
Keep in mind anon Q3 earnings is out soon. Q1 and Q2 Gold was between $1700-$1500, with both Q1 and Q2 impacted by Covid shutdowns. Q3 earnings will be full operations priced at $1950-$1800 Gold.

[Anonymous No.22769608]

>>22769498
I buy tons of silver with premiums attached, but thats because im a numismatist and not just a metal hoarder

[Anonymous No.22769619]

>>22769466
>everybody's savings will be completely wiped out
Private accounts can be bailed out without bailing the banks themselves
The german gov for instance promised to bail out up to 100k€ in private bank accounts should the bank go bankrupt
Banks are no longer really needed today, they just serve as middleman who takes its share
Would also be a good way to introduce fedcoin Accounts, they would be seen as a savior
>I still doubt banks wont be bailed as politicans are corrupt shitfaces

[Anonymous No.22769620]

>>22769591
We discussed this a few days ago, this only takes into account .999 bullion.

[Anonymous No.22769637]

>>22769604
So I should leave it in?

[Anonymous No.22769642]

>>22769501

MUX is down 30% from the local peak. No different from what First Majestic did during the '01 to '11 bull market (see my picture). Don't panic. There are people in much worse situations than you. Azimut Exploration, for example, is down 63% from the local peak, and it still has enthusiastic supporters who are refusing to sell.

[Anonymous No.22769653]

>>22769495
Think about it, how many people do you actually know who have any silver or gold whatsoever outside of jewelry? I dont know any. We are just desensitized because of these threads.

[Anonymous No.22769667]

>>22769619
>Private accounts can be bailed out without bailing the banks themselves
No they can't. The FDIC has like 2% of it's potential liabilities in assets. The Fed would have to print enough money to make the FDIC operate and at that point you might as well just bail out the banks because then you still have account holders with money AND the legitimate financial logistics that the insolvent banks provide.

[Anonymous No.22769676]

>>22769604
Wouldn't that possibly be priced in?

[Anonymous No.22769683]

>>22769535

Platinum may have a future as a monetary metal. It was used as a monetary metal in Russia during the 1830s. It's still young and recently-discovered; no telling what the future holds for it. It also has a lot of utility, like silver. I really like platinum and wish I could buy some, but I feel as if every penny which I don't put into a silver junior mining company is a waste of money in opportunity cost.

[Anonymous No.22769698]

>>22769637
It’s your money. Take responsibility

[Anonymous No.22769699]

>>22769591

I still find that a bit ridiculous that it only takes 60 ounces become top 1%. Wouldn't that make silver jewellery, silver teeth, any collector's coins you buy from your local post office
essentially as good as gold?

[Anonymous No.22769702]

>>22769642
Okay thanks, this is reassuring.

I'm also in Aurcana.
What are some good miners to invest in?
My mom is letting me invest $20k of her money and I don't want to fuck this up.

[Anonymous No.22769705]

>>22769653
>/pmg/
>knowing people

[Anonymous No.22769713]

>>22769608
>im a numismatist
ah, i see you are a refined gentleman as well.
I happen to be a bit of a nouveau-autist as well

[Anonymouse No.22769726]

>>22769608
i do like hoarding shiny rocks, but i feel ya like pic related, got me a 1986 ASE. for way to much but i wanted one lol

[Anonymous No.22769730]

>>22769699
Sexual digits starts to figure out what /pmg/ is all about

[Anonymous No.22769747]

>>22769637
I'm waiting to see earnings in my MUX, but I'm still up 20% or so.
>>22769676
I think speculators with weak hands flooded into jr.Gold stocks before they were even profitable. But Buffet got into miners for the long haul, so who knows.

[Anonymous No.22769749]

>>22769702

Levels of safety & risk vs reward

Level 1: Newmont
Level 2: Pan American, First Majestic
Level 3: Alexco, Great Panther, Bear Creek Mining
Level 4: Aurcana, Impact Silver, Dolly Varden, Silver One
Level 5: Bayhorse Silver, Klondike Silver, Vangold
Level 6 (permits and drills): Northern Dynasty Minerals, Aztec Minerals

[Anonymous No.22769753]

>>22769642
Damn. I hadn't looked at the MUX chart in a while.

[Anonymous No.22769763]

>>22769702
Don’t ever fuck with family members money.

[Anonymous No.22769770]

>>22769699
>Wouldn't that make silver jewellery, silver teeth, any collector's coins you buy from your local post office
>essentially as good as gold?
yes, if rarity determined price in real life
but of course supply is only half the equation.

silver is less common than gold and is still worthless in comparison. /pmg/ will tell you that's because of some banking conspiracy.
It's probably not.

[Anonymous No.22769779]

>>22769763
Yeah that's a really bad idea.

I told my dad to buy some silver and he did that, but he at least likes collecting coins so he doesn't give a fuck if the price goes down.

[Anonymous No.22769781]

>>22769763
>fuck with the familys money.
or Guido break a you legs gespatcho

[Anonymous No.22769807]

>>22769702
Bad voodoo. Total share market etf only with family members money.

[Anonymous No.22769820]

>>22769770
>silver is less common than gold
You may be functionally retarded son

[Anonymous No.22769874]

>>22769667
>Create fedcoin account for every burger
>Add a fedcoin for every dollar a burger has lost due to bank bankruptcy to his fedcoin account
Why would this not work?
The bank infrastructure is one of the things that get redundant with fedcoin, the gov has no interest in keeping it when fedcoin acc is so much easier to control
Of course the bail money would have to come from the gov/fed but that's not different with bailing the whole bank
It would be cheaper tho and it would look better to the public
If banks get bailed again people get pissed but everyone understands bailing private saveings if the banks gamble them away, effectively stealing them

[Anonymous No.22769901]

>>22769699

>>I still find that a bit ridiculous that it only takes 60 ounces become top 1%. Wouldn't that make silver jewellery, silver teeth, any collector's coins you buy from your local post office
essentially as good as gold?

If we had true price discovery, it's very possible. Silver has often been at a 1:1 ratio with gold. Commonly 1:3, and, on average in history, 1:14. See this chart of the history of silver to learn more. Ever since the Opium Wars and the abolishing of bimetallism in the 19th century, and the founding of futures markets in the 20th, the price has been severely manipulated. But once the COMEX breaks, anything is possible. Silver is not only more useful than gold, but just as good a safe haven for preserving wealth as gold, and that will cause it to be recognized as being of nearly equivalent value once our fiat system collapses.

>>22769770

J. P. Morgan was just fined a billion dollars for manipulation. At what point will people like you actually admit that manipulation is going on? >>22768978

[Anonymous No.22769930]

>>22769901
>At what point will people like you actually admit that manipulation is going on?
I'll admit that at any time

but if you think that changed the price more than a cent or two you're not bright enough for this game

[Anonymous No.22769932]

>>22766611
fixed

[Anonymous No.22769951]

>>22769763
I'm trying to make her money, she has 70k invested in mutual funds which is primarily major banks etc. She's going to LOSE this money if I don't at least put some of it in metals.

[Anonymous No.22769958]

>>22769354
FTC and the CFTC, doesn't help any of us in the least

[Anonymous No.22769966]

>>22769749
The higher the number the more risk/reward, right?
Redpill me on Northern Dynasty Minerals, Aztec Minerals

[Anonymous No.22769971]

>>22769930

On the 11th of August, the banks dumped two billion ounces of paper silver on the market in a single day. It crashed the price almost instantly from $30 to $23. Something similar is happening now. I will be charitable enough to presume that you simply are not educated on this subject.

https://www.youtube.com/watch?v=KyAopYlD32k

[Anonymous No.22769980]

>>22766611
>incel
How do you figure this?

[Anonymous No.22769999]

>>22769874
The fact that you bring this up actually makes me extremely scared for whats to come. I thought corona and the coin "shortage" is being used to get people used to using pure digital currency. However the way they could ensure its adoption is to destroy banks along with the American savings account, in doing so making most Americans dependent on a replacement for their lost currency.
Couldn't the fed just be oh so generous enough to wipe out our national debt and reissue it in terms of fedcoin? I bet thats what will happen, and everyone will praise the fed for coming in to save the population from starving.

[Anonymous No.22770008]

>>22769298
This is one of the most based images I have ever seen.

[Anonymous No.22770012]

>>22769874
That's a pretty good take.
Bank "Bail - ins" are also on the table if we see threat of bankruptcy getting too close. By that I mean private banks confiscating depositor money to give shareholders equity. Happens in Argentina every 5 years.

We talked about this in PMG before with plenty of sources, but who in their right mind would keep any of their wealth in bank savings accounts??

[Anonymous No.22770034]

>>22769966

Northern Dynasty (NAK) has roughly as much gold, silver, copper, production capacity, as all of Newmont Mining. Newmont is the largest miner in the world. Newmont market cap = 100x larger than that of NAK, and Newmont will probably double or triple + give dividends over the course of this PM bull market, so NAK has 300x potential at least. The management deeply believe in the company, and didn't sell a single share even when the price went to $20. Trump recently gave open support for the mine, and ran an ad which all but said that he would do everything he could to facilitate its approval. All NAK needs is a permit to be one of the best investments ever. But equally, without a permit, it goes to zero.

Aztec Minerals, whose CEO is the same as the CEO of Endeavour Silver, is currently drilling at the historic silver Tombstone property. Results are due any day now. Could send the stock soaring, or, conversely, make it crash.

[Anonymous No.22770043]

>>22769951
Its more the whole
>if I make her money it was her money to begin with so the gratitude will be minimalized
Or worse
>if I lose her money, even if I lose less than she would have, it was all my fault
Avoid this conundrum. Don't invest family members money and don't give investment advice to friends. Except for maybe mentioning a ticker or commodity in passing for themselves to look at.

[Anonymous No.22770076]

Don't buy gold or silver with the intent of "profiting", newfags. These are bags you hold i case of emergency. Ostensibly, if you own PMs, you also have property, guns, other assets, etc.

Also, don't take on any debt....
https://youtu.be/lQf9Ynwsv6I

[Anonymous No.22770091]

>>22770034
>Trump recently gave open support for the mine
That's bearish. Wouldn't the stock have risen after he said this?


>Could send the stock soaring, or, conversely, make it crash.
Damn, that's a gamble.

Tell me about Bayhorse Silver, Klondike Silver, Vangold

[Floor Stacker No.22770099]

>>22769314
For me, that's never I think.

[Anonymous No.22770109]

>>22770043
I just don't want her to lose money with her mutual funds, she's invested in all of the big over leveraged banks.

[Anonymous No.22770110]

>>22769999
digits confirm the full stack
>FedCoin implementation in motion .
>Banks being scapegoated, bad press in motion (money laundering, PM manipulation, etc.).
>QE destroying net interest income for banks.
>Economy artificially held back by COVID lockdowns preventing lending growth.
>Quads on your post

>>22770012
More on bail-ins, if anyone interested. Don't expect banking jews to go down without a fight, or at least without taking your money.

https://www.investopedia.com/articles/markets-economy/090716/why-bank-bailins-will-be-new-bailouts.asp#:~:text=With%20a%20bank%20bail%2Din,of%20increasing%20its%20capital%20requirements.

[Anonymous No.22770120]

>>22769951

If you can't put her money in simple gold bullion, the GDX is the safest way to invest in mining stocks. Don't let her lose all her money. The people telling you to do nothing are wrong. Act. We should do everything we can to help the ones we love when we know what is right for them.

[Anonymous No.22770129]

>>22767080
Are you shorting? How much you willing to bet?

[Anonymous No.22770134]

>>22770120
>the GDX is the safest way to invest in mining stocks
okay, I'll consider it.

[Anonymouse No.22770142]

>>22770099
the dragon sickness is strong. i know i never have enough ASE's lol

[Anonymous No.22770152]

>>22769901
He knows anon. He's spent the whole thread throwing random FUD at the wall and seeing what sticks. He started with 'silver is worthless they mine it for free' and has shifted to 'manipulation isn't real and if it is it doesn't do anything'. This last one in spite of the news of JPM getting fined for manipulation. Last thread he tried the 'I NEVER SHOULD HAVE BOUGHT SILVER IM SELLING IT ALL' but refused to prove he had an ounce to his name.

If I had to guess he's the same faggot that keeps getting banned after vomiting pilpul all over the threads. He's paid to be here, and not very well. If you get him mad enough he'll start posting cuck porn and pictures of shit filled diapers again and eat another ban.

[Anonymous No.22770161]

>>22769466
>If the banks are allowed to fail, everybody's savings will be completely wiped out
Fdic insurance handles that. Not that I believe banks would need to fail for fed coin to exist.

[Anonymous No.22770174]

>>22767045
You guys also need to understand this is not agreed upon by all the experts. I love Brent and Bond king but this is a huge debate in macro right now.

[Anonymous No.22770206]

>>22769501
You guys bought post pump like you always do. Mux is a straight up bet on McEwen. That's the entire thesis.

[Anonymous No.22770216]

>>22770109
Your heart is in the right place anon. I do wish you the best of luck with that.

[Anonymous No.22770236]

>>22770216
Thanks, you too.

[Anonymous No.22770263]

>>22769951
God awful idea, honestly. Only do this if you're willing to guarantee 100% of losses. You don't fuck with your family and friend's money. If you're still going ahead I'd go with Newmont, Barrick, Metalla, Maverix, Franco Nevada, EMX.

[Anonymous No.22770282]

>>22769538
Thanks.

[Anonymous No.22770296]

>>22769713
>>22769726
I paid 400 dollars for this coin. The crown jewel of my Walker set.

[Anonymous No.22770371]

>>22769951
Find her a well qualified advisor

[Anonymous No.22770380]

>>22766077

[Anonymous No.22770390]

>>22770263
To add, Equinox Gold, Pan American Silver, First Majestic, Osisko Gold Royalties if and only if there's good news in Barkerville. PHYSICAL GOLD. Good luck anon, I'm trying to support my family too, just with my own money. The companies I listed are the best safe plays for a variety of reasons. Days like today are probably some of the best you'll ever get in the next 5 years to buy cheap. You need to do your own research and I mean dozens and dozens of hours too to get conviction on the trade and not get scared out as precious metals bull markets are extremely violent both ways. Don't try to trade.

[Anonymous No.22770444]

>>22770371
They're just going to get her to invest in the same mutual funds she has so why bother?

[Anonymous No.22770453]

>>22770390
Thanks for the advice.

[Anonymous No.22770478]

>>22766086
Its a good thing anon.
Maybe they just ended up flooding the market with another million ounces or fulfiled the orders again.
Remember gold & silver are not actually measured by the dollar.
We will see $40 an ounce and more.
You can catch this eventually at $75 an ounce, but its not really worth it if you ask me.
I know a lot of people here are working day to day, but you can buy a house in a year or half a year in the country if you don't already.

The writing is on the wall.
Democrats want to move to a bitcoin "digital" dollar. We'll see a parallel system and colapse of the U.S where tribal county by county system leads to multiple states forming "republics" which will mostly just be despites.

[Anonymous No.22770482]

Okay, I started watching this retard's video since I spent most of my quarantine today shitting on him. Stopped watching when he said that the fed was originally implemented to quell inflation. I don't know how you get that wrong.

The guy goes on and on about QE actually reducing the liquidity in the system, but total bank credit is exactly where it was in May and bank loans are nearly 500 billion higher than they were before QE, which he claims would actually be decreased by QE.

[Anonymous No.22770539]

>>22770482
Clicked on it again after I posted. He said the fed has never been able to create inflation and couldn't create inflation today if it tried. Closed the tab.

Maybe this guy's trade will work out, but it's not gonna be because he understands economics

[Anonymous No.22770575]

next: >>22770571

[Anonymous No.22770580]

>>22769316
sell signal

[Anonymous No.22770667]

>>22769971
Big money need liquidity to cover their trades in other markets, also as monetary policy changes and they realise they’re overweight metals . it’s a free market like any other little boy

[Anonymous No.22770697]

>>22770482
Once again, how does this guy actually explain how increasing the money supply can be anything but inflationary?

[Anonymous No.22770708]

>>22770296
Soon to be worth $12

[Anonymous No.22770773]

>>22770482
DXY to 103. Cap this.

[Anonymous No.22771164]

>>22768978
According to google there is 2 billion ounces of silver in existence. At 22 per oz thats 44 billion dollars. The price of all the silver in the universe is valued less than tik tok. An app made a few years ago is worth more than something that has existed since creation.

[Anonymous No.22771185]

>>22768978
Once they get the paper prices low enough they will liquidate paper holdings like SLV for what they are worth, near nothing. This is how they will cover their shorts.