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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23344180 No.23344180 [Reply] [Original]

Grug buys rock, and Grug no loan edition

Bakers make sure to copy pasta new OP text for new breads
Bullion dealers
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https://bgasc.com/
https://providentmetals.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://gainesvillecoins.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/
https://silvergoldbull.com/

>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)

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

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

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

EU/ENGLAND sources
https://www.chards.co.uk/ [Much cheaper than BullionByPost]
https://goldprice.eu5.net/ [Website to compare gold prices for UK]

Russian/European coins
https://oldsilver.ru/

Previous thread:
>>23324958

It is happening:
https://www.youtube.com/watch?v=wXKIaRKdy4Q&feature=youtu.be

>> No.23344196
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23344196

>>23344180
>my pic got used
comfy
reminder to only discuss metals and not take bait

>> No.23344211

>>23344196
good reminder

>> No.23344221
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23344221

Yes, I'm excited about the introduction of FedCoin, how could you tell?

>> No.23344230 [DELETED] 
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23344230

Friendly reminder that all those that promote and practice usury are enemies to all people of all races and cultures. Humanity will never be lifted from this darkness we face until we wipe the slate clean from the invisible hand of usury.

>> No.23344235

so in general, people are having good experiences on oldsilver? i think i remember ruskibro adding paypal at some point? i got shafted on the giveaway even though i put an email in. but it people are getting orders

>> No.23344236

>>23344217
I kind of feel like you are yanking my chain a bit.

I always pictured it like any other heavy duty mechanic, do apprenticeship with the 1st years supervised by 2-3 year, them by journey men, and them by a seasoned foreman. just added courses to deal with being underground/gas/special equipment.

>> No.23344239

>>23344180
So if you plan on never selling your gold, does it even matter what form it’s in? I really like foreign gold coins that were actually used as money but I don’t like how the weight and purity of them aren’t displayed on the coin

>> No.23344246

>>23344221
But can they really remove cash from society like that?

>> No.23344253 [DELETED] 
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23344253

>>23344180
Your daily reminder not to trust Hitlerites and Greenbackers.

https://www.garynorth.com/public/department141.cfm

Whether you have a central bank print paper money, or have the government do it directly, MMT and communism are just as evil.

For weeks now, every thread has had infiltrators from /pol/ virtue-signalling about Jews in every post, triple-bracketing every other word, promoting communist, neo-Nazi, Greenbacker rubbish like A History of Central Banking and the Enslavement of Mankind. Expect those whom you attack to fight you back.

>> No.23344254

>>23344196
what teh fuck is the wooden paint brush thing grug has?

>>23344235
I was sent what he said he would send, his paypay is up and running right now.

>> No.23344256
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23344256

Post your Schiffs and Maloneys!

>> No.23344270
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23344270

>>23344230
If you actually care about /pmg/ then please stop doing this. The only way the "Daily reminder" guy disappear is if we just stop all political fighting and sit down quietly talking about metals.

Anyways fun fact: How did Christian banks make money in the past when usury was illegal? Massive late fees for those that can't pay loans in time.

>> No.23344276

>>23344246
>But can they really remove cash from society like that?
They removed gold and silver and the sheep did nothing, it won’t be different this time

>> No.23344279

>>23344190
yea but it still takes a while to actually get a full green horn to understand some things underground, especially when its the older style of mining, not mechanized. My first year underground was following around an old fart who told me everything I did wrong followed by by insults.
>>23344200
I hate these things so fucking much, most of my friends are missing fingers from them.

>> No.23344292

>>23344246
Of course they can. Look at how many civil liberties they have already impeded upon, look at how much private property they have already expropriated without consequence.

The general population is so weak and has been so effectively subverted by their means of propaganda that they will accept any reason the government(s) give them to remove cash and ban its practice. They have already started, even before this so called carona crisis.

The BoE has come out recently and reminded everyone that this virus remains on cash for over 20 days and poses a public safety risk.

>> No.23344296

>>23344230
why did the germans take huge debts in WW1 with the deliberate intent to make the losers pay them off, then got really really autistically angry when they had to pay those debts back

really makes you think

>> No.23344313

>>23344270
Christianity is a nothing but a sect of Judaism for gentiles.

>>23344296
>why did a country in war aim to destroy its enemies?

you'll have to consult the historians on that one anon, I haven't got a clue

>> No.23344315

>>23344239
Yes since you will trade once the pendulum swings to get houses or other assets that would gain in value in the future by just bartering. This can even be said about business buyouts.

>> No.23344344

>>23344313
so you’re saying the germans were tedious hypocrites and you are a self serving barbarian who should be disregarded by intellectuals

>> No.23344359

>>23344296
>guilt and debt are the same word in german

>> No.23344361

>>23344246
>1933
>Roosevelt is going to confiscate our Gold
>But can they really remove Gold from society like that?
>1968
>The government is going to replace our Silver Certificates with nonredeemable Federal Reserve Notes.
>But can they really break their promises like that?
>1971
>Nixon might be taking us off the Gold Standard
>Can he really remove backing from our currency like that?
People have already been taught to accept the destruction of their wealth and freedom, I doubt the transition to FedCoin will be much different.

>> No.23344374

>>23344315
>Yes since you will trade once the pendulum swings to get houses or other assets that would gain in value in the future by just bartering
But what if I don’t want to trade my gold for houses? I like the house I live in now and there’s no point in buying them to sell if all I receive is funny money for them

>> No.23344388

>>23344374
Then it can be used for a lot more blackmarket dealing with electronic parts and all.

>> No.23344402
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23344402

>>23344374
You can always just buy empty land or buy houses to rent out. Ride the wealth cycle up, anon.

>> No.23344403

>>23344374
Think of diesel generators, water purification systems, and buying other things that is banned by the new government mandated fedcoins.

>> No.23344410
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23344410

>>23344196
Gud meme fren

>> No.23344424

>>23344344
>so you’re saying

no 'intellectual' would prefix a sentence with these words, but nice try reddit

>> No.23344427

>>23344230

See this page by Gary North in >>23344253 for a refutation of all neo-Nazi and Greenbacker nonsense.

https://www.garynorth.com/public/department141.cfm

Nazis, like Hitler, want to abolish the gold standard. They only hate central banks because they want a dictator to print paper money directly, which is an even speedier way to slavery. Gary North rightly calls them "false-flag infiltrators" into the patriot movement. When you abolish the gold standard, you give the government absolute power over you. All it has to do is turn on a printing-press or, in the modern era, type numbers on a keyboard, to steal everything you ever worked for and enrich itself. It can confiscate your store of labour at will. WW2 would never had happened if Hitler hadn't abolished gold. That was what gave him the power to spend all of Germany's production on building an enormous military as his people starved. What we need to do is to abolish both central banks and paper money, and let the people use gold, silver, and gold- and silver-backed cryptos as they wish.

>> No.23344433
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23344433

>> No.23344442
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23344442

>23 cents of silver coins minted per person
>1 dollar of gold coins minted per person
>67,000 dollars printed per silver coin minted
>Almost ONE MILLION dollars printed per gold coin minted

Bullish as heck

>> No.23344460
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23344460

>>23344180
I'm in electrician school and I've been snagging bits of copper wire to strip and add to my bag. Am I doing good /biz/?

>> No.23344463

>>23344361
The people wouldnt be able to buy their drugs and get their under the table cash.

Most of the people propping up this system are absolute degenerates who need cash in one way or another, ironically these are the people who also rely on gibs.

It wont hold.

>> No.23344501

>>23344460
Stealing is a sin anon. However, if they said you could then you are doing good.

>> No.23344504

>>23344460
every little bit counts bud!

>> No.23344507

>>23344180
I am going to buy a 100oz silver bar for the express purpose of using it to cave in Gary North’s skull

>> No.23344521

>>23344507
As long as you embezzle how many troy oz of silver it has, you do you anon.

>> No.23344545
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23344545

>>23344463
I wouldn't be surprised if there is a massive push to legalize all drugs after the implementation of Fedcoin. It would decrease the amount of transactions that would occur outside of the system and serve as a way to fruther distract people from the dystopia they're living in.
It won't last, but they'll try to make it last as long as they can.

>> No.23344554

>>23344196
I need answers anon!

What is that weird paint brush thing grug has in op >>23344180

>> No.23344561
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23344561

>>23344256

>> No.23344570

>>23344554
its a wood foregrip for a fuckin ak

>> No.23344577
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23344577

>>23344507
imagine getting mad about a person that some other person posted about on a Mexicain cactus-growing forum

>> No.23344581

>>23344521
I’m convinced that Gary North has something to do with all the shilling as of late since his articles are always the first ones brought up by the shills

>> No.23344590

>>23344236
most miners start off in heavy industry anyways, whether it's construction, excavation, wastewater, whatever. So we usually step into the job with a shitload of safety training to begin with. We just need to learn the hazards specific to mining, which takes a while but isn't hard to grasp.

Underground mining is dying out though. And a lot of it's mechanized to the point you're just driving remote controlled robots around in the dirt.

it used to be you'd get someone with no industrial experience and spend weeks breaking them in on each piece of equipment, but that's rare now. Most of our guys already know the ropes from years in construction or whatever.

>> No.23344591

>>23344570
oh i see it now, thanks.

>> No.23344598

How do you guys feel about hecla or kinross? I'm thinking of selling them for some juniors like DSV or Silver spruce, maybe ccw

>> No.23344609

>>23344270
THe Catholic Church and usury have an
>interesting
relationship

Canon law prevent the charging of interest on lump sums of cash. As St. Thomas Aquinas says,
>it'd be like selling a bottle of wine and then charging them again for actually using the wine. It creates from nothing.
This is bad, as only God has the power to create ex nihil. However to charge interest on something that can be used for a business sake was approved of. For example, a loan given where something could be lost, was acceptable to charge interest on. Money back then was a consumable. One denarius was one denarius. Something we can understand here in /pmg/. So to think that loaning out 100 pieces of silver to some rando so he can be a stupid amount of goats won't really cost you anything, as he'll likely make back the 100 pieces over a few years. Markets didn't really grow or shrink back then, they simply were. Today though, markets
>only go up
so lending money today to some rando who wants to buy a shit ton of goats will possibly be lost as the bank's money would also go up if it invested in other things. Thus charging interest is allowed, but with a caviat. No outrageous interest rates. Think anything above 15%.

>> No.23344625
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23344625

Aurcana will make us wealthy

https://www.youtube.com/watch?v=8-Gocm1u9Zk&ab_channel=121MiningInvestmentTV

>> No.23344633

>>23344609
>Think anything above 15%.
huh?
most loans are way more than that. Credit cards, pawn shops, payday loans. Even car loans and mortgages are closer to 100% over the life of the loan.

>> No.23344639

>>23344590
Most of the new guys I saw when I was last underground were either fresh out of heavy equipment schools or just out of highschool. There were a few other older trade school type guys too but for the most part they were totally green. A lot of projects around BC are trying to keep with underground mining because the greenies here dont mind it compared to open pits, but for the most part your right its on the out unless for specific deeper high value ore bodies and its almost entirely mechanized now.

>> No.23344672

>>23344633
Yeah, there's reason the church frowns upon payday loans, credit cards, and pawn shops. They prey upon the poor, which the church has always loved first. Sadly car loans and mortgages are what the church calls
>necessary evils
and we are only secondarily complicit with the sin there. If you start your own pay day loan place though, or car dealership, that condemnable sin is fully on you though.

>> No.23344673

>>23344639
I think a lot of the local differences have to do with the EPA regs I was talking about.

all our smaller operations that would work underground or use green hires have been shut down but the costs of EPA compliance. So all we're left with is huge operations and mostly open pits. High degrees of mechanization and extremely small labor pools consisting of highly experienced workers.

>> No.23344695

>>23344590
interesting to hear that it is mostly mechanized already.

One of the big black swans coming up will be the further and near total automation of 60-90% of blue collar jobs.

Comforting to know at least this sector has already had a significant amount of that already priced in.

>> No.23344713
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23344713

>>23344625
NO SCROOGE NOOOOO!!

THE COINS ARE SOLID YOU WILL BREAK YOUR NECK!

>> No.23344730

>>23344673
that makes sense, our regs are pretty strict but they have a lot of lee way in the planning of projects.

>> No.23344731
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23344731

>>23344256

>> No.23344740
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23344740

>>23344214
8k+ would be awesome, I think Aurcana will pass $4 in '21 and could go much higher. If I wasn't running out of money I'd buy more

>> No.23344754

>>23344581

He wrote the definitive Austrian refutation of Greenbackers, of course he's going to be the author we quote.

>> No.23344761

>>23344695
mining has been that way for decades, people just dont hear about it much. Scoop trams and haul trucks have been working underground since the 40s. The tech has gotten a lot better and more automated though, some mines are even adopting the autonomous scoop trams too. The last underground project I was on tried out a tiny Cat scoop tram with this function onboard. It made cute R2D2 noises when it went by people.

>> No.23344790

>>23344695
for comparison one of the larger mines I've worked on is Freeport's Climax Moly Mine. My grandparents worked there in the 1930's-80's, my aunts and uncles worked there in the 60's-80's.

It used to employ about 3,500 workers in both underground and pit operations. Now it employs about 350 and makes about 3X more moly than it did before. Solely open pit mining, highly mechanized. Automation is moving fast especially in mining. I work in reclamation and water treatment, which is actually growing in terms of individuals hired vs. mining which is shrinking fast in the US at least.

>> No.23344799

>>23344761
>It made cute R2D2 noises when it went by people.
that's awesome!

>> No.23344833

Kinda pissed off about the de-railers so I want to offer some real value.

I've been buying into Golden Minerals as my latest silver miner speculation. I see them as a 5-10 bagger. I won't do your homework for you, but this is a gem. dyodd.

>> No.23344856

>>23344270
>How did Christian banks make money in the past when usury was illegal?
Fully reserved banking, not fractional reserve banking. You would pay the bank to store your gold because it's safer than keeping it in your house. Most gold investors don't keep $1 million in bars under their bed, they keep it in a bullion bank and pay 0.5% to the bank to keep it safe and audit it once a year.

Charging interest to other Jews was banned in the Torah, because the only people who asked for loans were the poor and it is unethical to exploit the poor, especially since the Torah points out that wealth comes from Yahweh's blessing, not greed and selfishness (the Torah also describes poverty as a being made poor by external hardship, not being made poor by taking on bad debts or blowing money on drugs etc. There is an obligation to help those who are poor because of death, famine, hardship, but there is no obligation to help the lazy, the foolish)
Charging interest to non-Jews was legal, mainly because there was no reason to subsidise the greed of foreign traders who would exploit Israel's no interest law (given what we know from Mesopotamian records, interest rates of 25% on silver and 50% on grain were the going rates).

Of course, Israel rejected Yahweh's economic and legal system when they requested a king in Samuel 8, and Israel's kings basically screwed everything up through taxes, conscription etc

>> No.23344904

>>23344754
The short bio on him on is like the Mike Pence memes but on steroids.

>> No.23344955
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23344955

UHHHHHHHHHHHHHHHHHHHH

https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment

>> No.23344988
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23344988

So about this......

>> No.23344991

>>23344740
yeah for sure, no sense in saving $ in the bank, but there is only so much powder to be made.

>>23344761
>>23344790

Very good to hear that, I have been looking for automation proof industries, and while obviously there may be some more room for that in miners, it seems like they are an even better investment in that regards then I once thought.

>> No.23344995
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23344995

>>23344988
I hope you didn't think it was just a joke or anything.....

>> No.23345000

>>23344955
checked, would you bone Kristalina if it guaranteed silver hitting $50?

>> No.23345009

>>23344856
You know your torah very well anon. I applaud you.

>> No.23345037

>>23344955
yeah this and the 20 trillion swaps this week have not been good news for the fate of mankind.

I think rick rule said it best in his last interview "I hate that I am profiting off the misery and misfortune of everyone elses lack of understanding. But it wont change anything if I dont, no one listens to me anyways, and someone may as well profit of this massive wealth transfer" SIC

>> No.23345069
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23345069

>>23344988
>What's that, you want to get a few pizzas for your family? Pizza is unhealthy, your FEDcard says you can only have one.
>You want meat on that pizza? That's bad for the environment, you'll have to have some bugs instead
>Soft drink? No no, sugar is really bad for you, you can only buy chlorinated fluoridated water.
>Garlic bread? Sorry but that will take you above the amount of calories recommended by the commissar of health.
>You want to buy petrol so you can drive to the shop and pick up your pizza? Private ownership of vehicles is bad for the environment, you'll have to buy a bus ticket
>You want to buy cryptocurrency? I'm afraid that's not on the list of acceptable use for your UBI.
>You want to take a holiday? Unfortunately you can only spend your dollars in your county.
>You want to leave the country? Sorry but you can't buy plane tickets with that money
>FOUR cans of beans? I'm sorry, it says here you live by yourself, you're only allowed to buy 2 cans this week.
>Sorry anon, you can't buy ammunition with your FEDcard, and I'll have to report to the ATF that you tried to do so.
>Hello, I'm the local community commissar, we have video footage of you (facial recognition tech) attempting to buy a second freezer. I need to search your house to make sure you're not attempting to stockpile food.
>Sorry, you can only buy salmon every second week, government says we gotta protect the oceans, but can I recommend you some witchety grubs?

Remember the four horsemen anon:
UBI
Digital Dollar
Negative Rates
Brrrrrrrrr

You see these happening, or the preparation for these happening? It doesn't get better from here. Time to buy gold.

>> No.23345121
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23345121

Also this is an incredibly important read. https://www.goldmoney.com/research/goldmoney-insights/hyperinflation-is-here

See this graph? CPI is rubbish. The Chapwood Index measures the price of the top 500 items consumers spend their post-tax paycheck on. Fed hasn't been hitting 2% inflation? It's all lies. Inflation and money supply correlate.

>> No.23345175

>>23345121
The best part about inflation finally starting to get out of control is that they won't be able to raise interest rates even 1% to control it without crashing the entire system.

>> No.23345271
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23345271

>>23344988

https://www.clevelandfed.org/~/media/content/newsroom%20and%20events/speeches/sp%2020200923%20pdf.pdf

"Our goal is to bring FedNow to market as soon as practicably possible. The target release date remains 2023 or 2024, but we will announce a more specific time frame once additional work is completed."

>> No.23345281
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23345281

>>23344988
>>23345271

"Central bank digital currency could offer a more practical way to implement negative interest rates."

(Both these images precede these statements.)

>> No.23345297

>>23344442
13.5 silver/gold ratio

>> No.23345299
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23345299

>>23345281
The imf blatantly declared that debt should become 125% of GDP for all advanced nations as well, and that this is a good thing.

>> No.23345300

>>23344598
I have Kinross, things are looking great for them, they recently added a dividend and will be announcing Q3 profits on 11/4 that will likely be way way up, get it before 11/4, it goes up a buck+ that day

>> No.23345330

>>23345281
negative interest rates are not the real aim. the aim is to raise interest rates without destroying the world. it's not going to work though. the government can take your shit anyway there is no rule of law so negative interest rates is a stupid way to steal from the population.

>> No.23345340

>>23345299
imf is america. thanks america for being the real evil and enemy of man this past century.

>> No.23345346

>>23345037
What's this huge swap you're talking about?

>> No.23345354

>>23344180
When is Barrick gonna start going up?

>> No.23345367

>>23344501
God is dead

>> No.23345378
File: 62 KB, 683x522, ocf.jpg [View same] [iqdb] [saucenao] [google]
23345378

>>23345300
>Kinross

>> No.23345393

>>23345346
>https://www.americanbanker.com/articles/banks-brace-for-big-bang-switch-on-80-trillion-worth-of-swaps

my bad 80 trillion not 20

>> No.23345410

>>23345330

Interest rates can never go up again without crashing everything, hence the only way to keep things going, at least temporarily, is to push them further down.

Taxation doesn't force people to spend, which negative interest rates do. When there are negative interest rates, if you don't spend your cash, it disappears; you are encouraged to get rid of it as fast as possible. Nor can you protect yourself with gold if you are a U. B. I. FedCoin slave, whose purchases are restricted. Also, taxation doesn't cause inflation, which is the main means of propping up and enlarging asset-bubbles and enriching the top 1% of society, who already own almost all the assets.

>> No.23345510

>>23345393
Been trying to get my head around what this means. So banks are essentially putting a bunch of derivatives contracts (could be on anything, stocks, bonds, futures, currencies, PMs etc) into a private market in which banks can swap these contracts with each other based on maximising profits, focusing on stability, or some other reason (could be whatever they want really). We don't know what the effects of this will be, but there's $80 trillion USD of contracts available to be swapped. In the past, banks involved in this swap scheme (through LIBOR, an international forum through which banks decide on interest rates for inter-bank loans and swaps) have been exposed for corruption, specifically in under-reporting interest rates as a way of making their contracts appear more attractive to other banks. With $80 trillion USD of contracts on offer, if a bank makes a swap and ends up with a bad contract, it could kill them or require a taxpayer funded bailout/depositor bail-in.

Is that right? Anyone else have any other thoughts?

Interesting article for reference: https://www.investopedia.com/terms/l/libor-scandal.asp

>> No.23345628

>>23344180
So I am looking up Junk silver on Ebay and the bids are pricing coins 4x the spot price. How do you lads find your best deals on there. People be bidding fucking stupid amounts for non-rare junk.

>> No.23345631

>>23344180
Silvergoldbull is my website

>> No.23345643

Have any canadians considered the pros/cons of purchasing fractional gold given that coins are exempt from capital gains taxes if the sale is under 1K? I want to buy some gold, but I'm not sure whether I should buy 1/10s or just get a full ounce. I know the premiums will be retarded, but I'll automatically be losing a bunch off the top with the full ounce coin assuming I sell it at a profit.

>> No.23345653

>>23344570
Ah, thought Grug was flipping us off.

>> No.23345686
File: 278 KB, 750x848, 1603000229626.jpg [View same] [iqdb] [saucenao] [google]
23345686

Major shit going down right now.

>>23345506
>>23345641
>>23345645
>>23345652
>>23345668

>> No.23345716
File: 925 KB, 500x345, 1331498627522.gif [View same] [iqdb] [saucenao] [google]
23345716

>>23345686
Remember anon, anything that disrupts normies faith in the system is bullish for PMs. It just is tiresome though.

>> No.23345724

>>23345628
Don't buy commonly sought after coins, Ebay is filled with retards who buy things at absurd markups. Canadian and British Junk Silver should have some better deals if you know what you're doing, but I seriously doubt you'll find anything close to spot on Bullion or US junk.

>> No.23345740

>>23345686
California and Washington use the same system apparently. All are changeable.

>> No.23345745

>>23345000
I'd do it regardless. I have a thing for gmilfs.

>> No.23345773

>>23345686
holy crap what a garbage setup!

>> No.23345787 [DELETED] 

Grug buy early on alphas :)

-We only Aped legitimate ALPHAS after extensive research and due diligences,NO SCAM and NO RUGS allowed.
-This to ensures that everyone in this channel able to get in EARLY,contribute to private sales or even start mining on those DELICIOUS APY before anyone else.
-As always,this is not financial advise.There are no guarantee that the alphas/project will be fully legitimate like how nothing in life is guaranteed .Always DYOR

t.me/ApedUniswap

>> No.23345813
File: 1.70 MB, 260x260, 1571019313025.gif [View same] [iqdb] [saucenao] [google]
23345813

>>23345787
>shilling your shitcoin to /pmg/
>>>/out/

>> No.23345843
File: 310 KB, 903x847, us cbdc 02.jpg [View same] [iqdb] [saucenao] [google]
23345843

>>23345271
FedNow is basically insta-intra-bank settlement. The real deal is the Fed Wallets talked about in H6321, S3571, and the 116 Congress special testimony by FinTech Taskforce where they talk about FedCoin features... pic related

>> No.23345904

>>23345843
If the current voting situation is any indication, this shit will collapse VERY quickly.
Thank you inept government employees.

>> No.23345943
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23345943

>>23345904
Yea I can imagine. Still, it looks like we're moving into a central planning behavioristic economy.

>> No.23345952

>>23345843
One thing I don't understand and am too lazy to research is how this fed coin will be distributed. Will it just be given to everybody with a pulse or will you have to work for it or purchase it? If something is given freely to everybody, kind of like an air drop there's no way it can have any value if nobody has worked for it

>> No.23346009

>>23345952
I would imagine its given to everyone who has a record, those who don't will probably have to apply

>> No.23346038
File: 119 KB, 664x710, us cbdc 01.jpg [View same] [iqdb] [saucenao] [google]
23346038

>>23345952
I have thought about this too. One theory is that they are just bluffing in order to get private commercial banks to loosen lending standards so we can get inflation that way. US CBDC would make modern banking obsolete basically.

H6321 bill says its just for getting gibs to nigs quicker than a paper check. An account could be opened with an SSN, just like a bank account or crypto wallet. The funds inside would be on par with cash, which is just another Fed liability.

>> No.23346094

>>23344313
You’re either a liar or a fool. Christ is anti semitic, read his discourses. Christianity is about fighting fire with water, overcoming evil with good. If an orderly retaliation is not possible then creating distance between you and your enemies is the next best thing. Show me where Christ encouraged slavery.

>> No.23346118
File: 542 KB, 750x1124, 4D38B1AE-F407-46B5-A60A-E841D3420B70.jpg [View same] [iqdb] [saucenao] [google]
23346118

>>23345628
Put up ads on local trade websites like craigslist, kijiji or whatever they use where you live. I haven't bought junk silver over spot since

>> No.23346134

>>23345643
Might be a good idea to only buy 1/4oz'ers. Isn't capital gains tax in Canada like 50%? That's retarded

>> No.23346149

Looks like Hud Bay Minerals is going to have a shit couple weeks ahead. A skip falling down the shaft is a real headache.... https://www.miningweekly.com/article/hudbays-777-mine-suspended-after-skip-incident-2020-10-12

>> No.23346209

>>23346134
Capital gains here is marginal tax rate on 50% of your gains, so its not that bad, unless you are in the upper tax brackets. I guess it really depends on how much we actually expect gold to shoot up. There are apparently sleeves of 25 1 gram coins you can buy from the mint too, which might be okay. The premium is like $5 extra per coin, but it would give me like $900 of growth per unit that can't be taxed. You know, unless they change the law. Fucking feds.

>> No.23346261
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23346261

everyone has got a batboy by now right?

>> No.23346424

>>23346261
Hell no I ain't paying the 40/oz these sellers want as premium, they are cool tho

>> No.23346459

>>23346424
I bought mine for about 100 dollars a few months ago. I think it was 109 out the door.

>> No.23346501

>>23345686
Not surprised in the slightest, my parents went to vote earlier this year in California and when they got to the booth they were told they were registered as democrat even though they have always been republican.

>> No.23346518

>>23346424
Paid 106 for mine, bought 2 and a burnished one for 184 on the mint web. You can bet your ass im getting the burnished tall grass war butterfly too

>> No.23346533

>>23346209
>Capital gains here is marginal tax rate on 50% of your gains
that would be an ouch if anyone on /biz/ ever made gains

>> No.23346618

>>23345510
Idk couldnt understand it. Does this mean my buy calls are in danger of being worthless?

>> No.23346695
File: 678 KB, 1411x1742, gold tax.jpg [View same] [iqdb] [saucenao] [google]
23346695

Does this mean buying precious metals is pointless? If you get taxed just crossing borders while carrying gold you effectively wipe out its entire value if you cross enough times. Not sure if i should invest in gold now, opinions?

>> No.23346700
File: 973 KB, 669x890, 1586317421507.png [View same] [iqdb] [saucenao] [google]
23346700

>>23346261
Yep, people mocked the humble bat boi stacker earlier this year but their prices have only skyrocketed and they aren't even a year old yet. Prob the best return on any silver coin I got this year.

>> No.23346744

>>23346695
You can easily avoid taxes by buying Gold coins and reporting them at Face Value with no mention of their Gold content or by just mixing them in with ordinary coins in a bag in your suitcase.

>> No.23346839

>>23346695
India is the one of the only places that taxes you for bringing in Gold Bullion. He should've just attached the Gold to a necklace of some sort, there aren't any restrictions on Jewelry.

>> No.23347074

>>23346261
>>23346700
Scooped at $115 even when a premium of $135.

>> No.23347116

Alright, dudes. So when is the apocalypse happening?

>> No.23347250

>>23347116
Could be Monday, a repeat of the 1987 Oct 19 Black Monday Crash. But as mentioned here >>23345069
You gotta keep an eye out for the Four Horseman of the Econolypse, then you will know when the end is nigh

>> No.23347261

>>23347116
no one knows the day or the hour. but be assured, this mess can't go on forever.

>> No.23347359

>>23347261
I'm glad I will be ready anyway. All those cucks who laughed at me in school won't be so funny when they have nothing and I am walking about with my 9oz of fine silver in my pocket.

>> No.23347408

>>23344442
Was about to post this chart myself.

>> No.23347497
File: 789 KB, 2016x1512, Resized_20200418_104938_583.jpg [View same] [iqdb] [saucenao] [google]
23347497

>>23344460
>based copper stacking
ya dun good kid

>> No.23347505

You guys are fucking retards if you think the fed wants people making $40k per year to be forced to spend 100% of their income every month or face deletion/high negative rates or whatever. These fischer retards know that would immediately cause the activity that would lead to hyperinflation among anybody using "fedcoin". People would just buy motor oil, advil, or baby formula that they can sell when they want to. And supposing that they somehow banned prevented everyone in the country from going to a local store and trading motor oil for a sandwich, the value of the coin would be worthless at that point because whoever you sold the coin to would move so quickly to buy anything else.

Fed are stupid but not that stupid.

>> No.23347565

>>23347505
Nice try, FED.

>> No.23347894

Bump of life

>> No.23348071
File: 116 KB, 550x800, 5182c0cbd813313a395b685b7fc95fff.jpg [View same] [iqdb] [saucenao] [google]
23348071

Goodnight PMG!

>> No.23348100

>>23345410
Watch and learn. The Zest is going to crash and burn no matter. Tax gives currency value.

>> No.23348144

>>23347505
negative rates would not necessarily cause that but it's very easy to think it would. many people have an effective negative rate on their deposits simply due to account keeping fees. and you'd have to be nuts to think a term deposit is a good deal... or 97% of bonds.

>> No.23348190

>>23347505
>Fed are stupid but not that stupid.
lmao are that stupid and far far more, otherwise we wouldn't be in this mess to begin win.

>> No.23348196

>>23344625
Stooge mcduck gets a bad rap but hewy dewy and lewy are gonna be able to go to college no problem

>> No.23348220

>>23344833
Been try to get more aumn , have my limits set to .42 which was the high point of its crabbing, now it won't go back down from .45 :(

>> No.23348741

>>23345340
>America
Ya anon, I bet those “Americans” are very Christian and not entirely all Kikes.

>> No.23348802
File: 669 KB, 791x675, First rule about loli club.png [View same] [iqdb] [saucenao] [google]
23348802

>>23345843
So the new currency is basically going to be gacha tokens that have a mobile game like time limit?

What stops me from buying gold or silver? Or even alcohol to store value?

>> No.23349415

Some things to consider about fedcoin etc:

The current monetary system is so totally and utterly fucked that a transition away from it is unavoidable. In a way, fedcoin/UBI/personal central bank accounts could be an actual improvement in terms of stability.

Also the dollar remains the world's reserve currency. The dollar will continue being in high demand for certain transactions abroad for some time and I highly doubt foreign governments will agree to switch to a digital dollar where the Fed has total transparency and can pull the plug at any time. Remember, the US govt weaponizing the dollar against foreign government is already leading to massive divestment by Russia and China. That means that it's highly unlikely they will go fedcoin only anytime soon.

UBI is not all bad either. Pandemic checks were literal free money and so is UBI. If you play it smart and convert your savings and your UBI checks into PMs or non-deprecating assets, UBI-induced inflation won't hurt you

Don't get me wrong, I think whatever big monetary reforms they end up implementing will probably fuck over the common man quite badly, but we are not about to see the end of cash, and gold confiscation scenarios are boomer-bait

>> No.23349509

>>23349415
How’s it going Jerome Powell?

>> No.23349536

>>23346695

Diversify with mining stocks and overseas allocated bullion. Neither of these things were confiscated in 1933. GDX, GDXJ, SIL, SILJ are the mining stock ETFs if you don't know what you're doing, and you can buy allocated bullion with: GoldMoney, BullionVault, GoldSwitzerland, OneGold, Kinesis, Glint, and, on the stock market, PSLV & PHYS. Never buy GLD or SLV, which are "unallocated," and only give you a claim on the bank, not on the bullion which is dubiously claimed to back them.

>> No.23349537

>>23349415
>UBI is not all bad
ACTUAL RETARD DETECTED

>> No.23349573
File: 60 KB, 592x563, 2020-10-18_6-24-21.jpg [View same] [iqdb] [saucenao] [google]
23349573

HOLY FUCK

https://twitter.com/60Mins/status/1317769169543131136

>> No.23349581

>>23349415

>UBI is not all bad either. Pandemic checks were literal free money and so is UBI. If you play it smart and convert your savings and your UBI checks into PMs or non-deprecating assets, UBI-induced inflation won't hurt you

They won't let you convert U. B. I. into gold. This is the whole point of FedCoin, absolute control over spending. >>23345281

>> No.23349587
File: 66 KB, 1011x535, EknJFDJUcAIhQet.jpg [View same] [iqdb] [saucenao] [google]
23349587

>>23349573

>> No.23349639

>>23344180
Could someone give me a quick rundown on who Peter Schiff is and what he does

>> No.23349658

>>23349509
lul

>>23349537
Dude, literally everyone except white men is already getting free shit out of the system and that is never going to change until it all comes crashing down one day, so you might as well get something out of it yourself before it does

>>23349581
Pure speculation at this point, but even if they wanted to, they will hardly be able to completely shut it down. Sure, they might get online shops to not accept fedcoin and thus make it unavailable to normies that can't be bothered to find a way, but so long as your fedcoin can be exchanged for literally anything other than fedcoin, you will be able to acquire PMs through simple exchange.

>> No.23349706

>>23345069
This may be the scariest thing I’ve ever seen on the internet.

>> No.23349716

>>23349573
>>23349587
he spoke out against the system. it was only a matter of time before he's sharing a room with Julian Assange and Edward Snowden

>> No.23349734

>>23349581
Could the government seize your stock market investments, or force you to sell them? If you can’t buy physical PM’s with this fedcoin, what about PHYS/PSLV and mining stocks?

>> No.23349747

>>23349639

Peter Schiff is the son of Irwin Schiff, who was one of the most respected people in Austrian economics. Irwin Schiff wrote excellent books like "How an Economy Grows and Why It Doesn't," which accurately summarized economics for the general public, as Henry Hazlitt did in "Economics in One Lesson." He died in prison as a tax-protester, since he thought that the income tax was illegal.

Peter Schiff has followed in his father's footsteps. Believes in the gold standard, and as little government intervention as possible, social or economic. Wrote many excellent books which popularized Austrian economics to the masses, like "Crash Proof." He began telling people to buy gold when it was only $300. He predicted the 2008 Housing Bubble crash when almost nobody else did, apart from his fellow Austrians, and he did it very publicly, which made him famous (https://www.youtube.com/watch?v=Z0YTY5TWtmU).). He was the economic adviser to Ron Paul. He had the courage to go and talk to the Occupy Wall Street people as one of the "1%" and try to make them understand what is really going on. https://www.youtube.com/watch?v=RY0R0NpIdQQ He started a Youtube channel and a podcast where he talks about libertarian principles and Austrian economics. Among correct predictions of his were that the Fed could never raise interest-rates again, which caused Brent Johnson to lose a bet with him. In short, Peter Schiff has spent his whole life promoting liberty and economic truth.

>>23349573

>https://twitter.com/60Mins/status/1317769169543131136

Pointing the camera up at Schiff's face, so as to make him look as evil and menacing as possible. Cutting the interview exactly as they want it to be cut, as you can see by the millisecond of space between questions and answers. Anybody who is a threat to them they try to destroy.

>>23349716

Andrew Maguire was nearly assassinated in London after he became a whistleblower.

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

>> No.23349762

>>23347505
Politicians and government employees are not elected/hired based on competence or their good character. It is debatably the exact opposite.

>>23348802
"I'm sorry sir, your transaction did not fo through. I am afraid you have already met your limit of alcohol purchases for the month"

The one thing I am skeptical about fednow is how that will work globally. Most of what we consume in the US is imported. I don't know how we are going to convince the world to adopt a fully digital currency that the US government can manipulate at will, in place of the dollar which is already a raw deal.

>> No.23349777

>>23349747
So what is Peter Schiff’s actual job and how does he make his money? Was his father rich?

>> No.23349804

>>23349734

If the government could seize your stock-market investments, you would be living in a communist country. Owning a stock is like owning a house, it's your property. Mining stocks and overseas bullion, as I say, weren't confiscated even in 1933, which was one of the greatest years of tyranny for gold-holders ever. People who owned Homestake Mining, the ancestor of Barrick Gold, which is in the GDX, and which Warren Buffett just bought, doubled their investment as the stock market was crashing by 90%. All in all, they made a 500% return during the Great Depression. Tom Kaplan, Eric Sprott, Ross Beaty, are three billionaires who hold 90% of their net-worth in mining stocks. They don't seem particularly afraid of losing them.

If do you feel that America is about to become a communist dictatorship, you can always renounce your citizenship and flee somewhere else, like Switzerland, Singapore, or the Caribbean.

The government won't allow you to buy miners or metals in any form with their digital U. B. I.

>> No.23349833
File: 956 KB, 720x720, 1599396713499.webm [View same] [iqdb] [saucenao] [google]
23349833

>>23344460
>stealing copper wire
that is some gypsy shit anon. Good work

>> No.23349842

>>23349777

He made his money as a stockbroker in the 1990s, and his official "job" now is CEO of his broker-dealer Euro Pacific Capital. It was as a financial adviser that he was advising his clients to buy gold at $300 in the early '00s. He made an enormous amount of money in mining stocks and metals in the '01 to '11 gold bull market. (The average mining stock went up 1700%, and many went up over 100x.)

>> No.23349847

>>23349804
So, theoretically, even if metals don’t drastically increase in value enough to attract mainstream attention on their own merits, panicked masses of investors will still flock en masse to metals and mining stocks once an announcement of a digital currency or UBI is announced? If that theory ends up correct, then is there really any downside to investing in metals and mining stocks at all? It seems there are benefits no matter what happens to the economy.

>> No.23349868

>>23349804
>The government won't allow you to buy miners or metals in any form with their digital U. B. I.
probably won't allow you to buy guns or ammunition either.
nothing that would make you self sufficient, independent, or anything other than a complete serf

>> No.23349900

>>23349868
so you're saying i already have a make-it stack of ak47 clones/ar15s and 7.62x39/5.56x45 and all it takes is the government to do muh-gun-ban-redneck-fantasy and it all does a 10x?

>> No.23349953 [DELETED] 

>>23349847

The next leg up in metal and miners will be when a new stimulus package is passed. That's when you'll see $2500 gold, $30 silver, and some of these juniors going 5-10x again, as we saw in March. U. B. I. will simply accelerate the inevitable.

In my opinion, it mathematically impossible for metals and miners not to soar, because the U. S. is in a debt trap from which it can never escape; houses are at 8x earnings; the stock market is in an unprecedented bubble propped up only by debt; and the only way for the $100 trillion in bonds and stocks to save itself from destruction is to go into gold and silver, which are the only undervalued asset-classes. The annual investable supply of silver, for reference, is only about $2.5 billion, and almost nobody stockpiles it. Which is why predictions of $600 silver (its inflation adjusted ATH) are perfectly reasonable.

>> No.23349958

>>23349868
>probably won't allow you to buy guns or ammunition either.
They’ll allow you to buy them but only if you have a near perfect social credit score. I wouldn’t be surprised if the government releases a public list of “white supremacists”, aka political dissidents, that aren’t even able to use FedCoin and you won’t be prosecuted for killing

>> No.23349979

>>23349847

The next leg up in metal and miners will be when a new stimulus package is passed. That's when you'll see $2500 gold, $30 silver, and some of these juniors going 5-10x again, as we saw in March. U. B. I. will simply accelerate the inevitable.

In my opinion, it is mathematically impossible for metals and miners not to soar. The U. S. is in a debt trap from which it can never escape; houses are at 8x earnings; the stock market is in an unprecedented bubble propped up only by debt; and the only way for the $100 trillion in bonds and stocks to save itself from destruction is to go into gold and silver, which are the only undervalued asset-classes remaining. The annual investable supply of silver, for reference, is only about $2.5 billion, and almost nobody stockpiles it. Which is why predictions of $600 silver (its inflation adjusted ATH) are perfectly reasonable. And I am not even taking into account that, when the dollar dies, gold and silver will become the world's money again.

>> No.23350109

>>23349979
What is stopping the oligarchy from just dissolving the dollar and moving onto another country, like China, to resume their parasitic ways with the yuan, establishing that as the global reserve currency and continuing the fiat games?

>> No.23350158

>>23350109
If that happens then it's still a good idea to do what we are doing since the dollar will shit the bed

>> No.23350221 [DELETED] 
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23350221

>>23350109

The dollar is the world-reserve currency only because of an anomalous historical circumstance. It was considered "as good as gold," i. e. convertible into gold, until 1971; then the U. S. did a rug-pull, and said that it was now backed by nothing. Take away the dollar and we go back to what was previously money for 5000 years before it, gold. Nobody will ascribe any value to your currency unless you have gold; why would they. This is why so many countries have been hoarding it over the past decades. Russia could now create an entirely gold-backed currency (see picture), and China is suspected by Alasdair Macleod to have secreted away 20,000 tons of it. No currency can have credibility without gold (i. e. savings) backing it after the dollar dies.

>> No.23350263
File: 322 KB, 1291x1801, goldbackednations.png [View same] [iqdb] [saucenao] [google]
23350263

>>23350109

The dollar is allowed to be a non-gold-backed world-reserve currency only because of an anomalous historical circumstance. It was considered "as good as gold," i. e. convertible into gold, until 1971; then the U. S. did a rug-pull on the world, and said that it was now backed by nothing. People have since gone along with the dollar only as a temporary expedient. But the debt and disastrous economy of the U. S. now make that situation no longer tenable. Take away the dollar and we go back to what was previously money for 5000 years before it, gold. Nobody will ascribe any value to your currency unless you have gold; why would they. This is why so many countries have been hoarding it over the past decade. Russia could now create an entirely gold-backed currency (see picture), and China is suspected by Alasdair Macleod to have secreted away 20,000 tons of it. No currency can have credibility without gold (i. e. savings) backing it after the dollar dies.

>> No.23350293
File: 115 KB, 400x400, 5g-metalor-gold-bar-3d8c7fc8f2df005e49654e1187646542.png [View same] [iqdb] [saucenao] [google]
23350293

>>23349804
>>23349868

Maybe I missed it, but is it explicitly stated anywhere that there will be restrictions on what you can and cannot buy?

I understand that there will be zero anonymity in purchases, and that control measures could probably very easily be implemented but is it certain??

>> No.23350371

>>23350293

I don't know that it is directly stated that there will be restrictions on FedCoin purchases, but I believe that it is inevitable that there will be. If people were allowed to buy gold with their FedCoin, it would defeat its purpose. This is what Ron Paul says:

"Fedcoin poses a great threat to privacy. The Federal Reserve could know when fedcoin is used, who is using it, and what they use it for. This information could be shared with government agencies, such as the FBI or IRS.

The government could use the ability to know how Americans are spending fedcoin to limit our ability to purchase goods and services disfavored by politicians and bureaucrats. Anyone who doubts this should recall the Obama administration’s Operation Choke Point. Operation Choke Point involved financial regulators “alerting” banks that dealing with certain businesses, such as gun stores, would put the banks at “reputational risk” and could subject them to greater regulation."

(From his article "Fedcoin: A new scheme for tyranny and poverty.")

https://highlandcountypress.com/Content/Opinions/Opinion/Article/Fedcoin-A-new-scheme-for-tyranny-and-poverty/4/22/58903

>> No.23350394

>>23350263
So if every currency, and there are dozens and dozens, must be backed by gold or face extinction, where does that leave silver? The industrial uses for silver are compelling enough to invest regardless, but, knowing that multiple first and second countries must have massive stockpiles of gold, wouldn’t investing in gold miners yield greater returns than investing in silver miners? Unless of course, one or more superpowers moves to a silver-backed currency.

>> No.23350396

>>23350371

(Didn't have space for this part:

"Is it so hard to believe that the ability to track purchases would be used in the future to “discourage” individuals from buying guns, fatty foods, or tobacco, or from being customers of corporations whose CEOs are not considered “woke” by the thought police? Fedcoin could also be used to “encourage” individuals to patronize “green” business, thus fulfilling Fed Chair Jerome Powell’s goal of involving the Fed in the fight against climate change.

Fedcoin could threaten private cryptocurrencies, increase inflation, and give government new powers over our financial transactions. Fedcoin will also speed up destruction of the fiat money system. Whatever gain fedcoin may bring to average Americans will come at terrible cost to liberty and prosperity.")

>> No.23350515

>>23349958
including everyone who has ever used 4chan.

>> No.23350549
File: 27 KB, 677x447, match.png [View same] [iqdb] [saucenao] [google]
23350549

>>23350394

Silver is definitely going higher than gold, even if silver doesn't get remonetized. Its behaviour during the '70s and '00 bull markets teaches us that. The reason being that, in the event of a currency collapse, it serves the function of protecting purchasing power just as well as gold does, and is easier for common people to buy. But Jeff Clark argues that many countries will begin monetizing, or at least stockpiling silver again soon:

https://goldsilver.com/blog/the-potential-looming-catalyst-for-silver-no-one-sees-coming/

If that happens, then who knows how high silver will go. The modern historic GSR is 1:40, the general historic GSR is 1:14, the GSR in the middle ages was 1:3, and the GSR in ancient Egypt was 1:1. Remember, gold is money, but you use money to buy things with. Silver will regain a price (as measured in gold) which reflects its enormous intrinsic value as an industrial metal once the reset happens, and unbacked paper money dies.

Previous bull markets show that silver miners vastly outperform gold miners, and I expect the same thing to happen this time also.

>> No.23350556

>>23350515
Facts fren. We will never be a liberal basedboi cuck who eats bugs and has the ability to execute rightwingers for fun due to the tyrannical goverment allowing that to occure.

>> No.23350595

>>23350263
>See Canada
>that can't be right
>https://www.ceicdata.com/en/indicator/canada/gold-reserves

They literally have no gold reserves

What the fuck happened? I guess those canada is collapsing threads are on /pol/ to something after all

>> No.23350614

>>23350595
Canada has fully cucked out to china.

>> No.23350616
File: 60 KB, 580x580, crestfallen anon.jpg [View same] [iqdb] [saucenao] [google]
23350616

Damn dudes there are so many time i've sung "nigger" into my iphone, i'm going to be given like 300 fed coin a month.

>> No.23350659

>>23350595
Trudeau sold off cucknadian reserves. One of the first things that traitor did. He is now trying to sell our mines to chinks, shut down our power plants, take our guns, completely ruin our oil/energy sector, we are in a marxist takeover. I think Turdeau and his chink buddies thought it would be easier to control 35 million people , but we are so spread out over this land we are anything but easy to control. But that also comes to our detriment as much as it is a blessing as well. You do not see those huge protests in Canada because people can't afford to travel 40 hours one way to protest in ottawa unless your a jobless marxist or antifag that is bankrolled. Hard to say what is going to happen, we are all watching the US election as well, if Trump doesn't start hanging these treasonous fuckers we may see balkanization and war with chinese on our soil

>> No.23350676
File: 995 KB, 1198x1788, Screenshot 2020-10-18 at 17.03.36.png [View same] [iqdb] [saucenao] [google]
23350676

>>23350549
I have €867 to blow, what should I get?

>> No.23350685
File: 118 KB, 1453x596, meme inflations.jpg [View same] [iqdb] [saucenao] [google]
23350685

>>23349979
>gold and silver the only undervalued asset-classes remaining

Consider the extension of the current situation: QE plus secular stagnation. This is disinflationary for the dollar. This makes US Treasuries and USD reserve balances more attractive than 0% yielding metals. Just trying to think like a bank / institutional investor, since their money is what moves markets.

>stimulus
Pic is both meme inflation metrics, which rose when stimulus distributions began in April, but turned down again in July when gibs stopped flowing. I agree that the next package will spike PMs up again, but would it not take infinite stimulus (UBI + MMT perhaps) to get sustained inflation increases?

>> No.23350686
File: 270 KB, 1024x1024, D78FEA53-439B-4BAF-8C1C-AAA3B79F4958.jpg [View same] [iqdb] [saucenao] [google]
23350686

>>23344180
>mfw FedCoin will be announced alongside the implementation of the one world government and there will be nowhere left to escape to
It’s over isn’t it?

>> No.23350726
File: 64 KB, 1851x938, Unbenannt.png [View same] [iqdb] [saucenao] [google]
23350726

>>23350614
>>23350659

What the actual fuck. This is criminal, how did he get away with it? CAD is basically worthless without gold reserves.
What was the money gained from selling the gold used for?

Not to mention that it's official government policy to make white canadians a <20% minority by the end of the century and inflate the population to 100mil

I think you guys are actually living in ground zero of the NWO experiment, fucking hell.

>> No.23350752
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23350752

>>23350686
always one last place

>> No.23350755

>>23350371
>>23350396
Good points, the sort of data they'd gather from its use could be spun in a million directions, justifying restrictions and ultimately be used to their benefit, at the people's expense.

At least it (probably) won't be a full switch from usd to fedcoin

>> No.23350762

>>23350676
Go for smaller oz so you can beak it up eazier.
>>23350726
You have coof camps to round of dissenters in canada rn. They announce they will roll it out next year. It was discussed in parliament. So sorry leafbros.
>>23350686
It is the beginning of the end anon. Get the free hope of salvation from jesus anon. Secure your last resort.

>> No.23350765

>>23350293
The "the policy doesn't directly say that" and "they would never" mentalities are part of why we are in the predicament we are in. The government understands that people only accept radical impairments of their liberties gradually (the exception is war/emergency, hence the adage "never let a good crisis go to waste"). It does not matter if they say they "wont go that far", they absolutely will if given the opportunity. Pushing one inch at a time is the secret to creating the opportunity.

>> No.23350792
File: 3 KB, 95x18, RapeEmBro.jpg [View same] [iqdb] [saucenao] [google]
23350792

>>23350396
>>23350293
Consider the more likely scenario of moving into MMT policies (we are kind of there already).

They can control your behavior by taxing certain purchases more / less. 50% VAT on guns ammo or PMs, for example.

>> No.23350855

>>23345069
Guys I've been having this thought recently
In order for them to implement cdbc and keep people within the system, they HAVE to ban PMs, no?
I dont know if people will go for it, but they might just end up trying
Not fudding- want actual discussion here.
>implement negative interest rates on the currency
People just buy gold when they get the currency and they no longer need to spend
>stop people from buying certain goods
People just start using gold and silver as currency on the new "black market"
The only way for the fed to get around people putting their purchasing power into sound money is to ban sound money.
Or are people just stupid enough to accept the situation by in large

>> No.23350888

>>23350792
I'm going to need the thread of when that ID appeared.
Also, I don't think an increase in tax will control what everyone buys so much as how often they do buy it. For example, vidya. Despite microtransactions and the price hikes over the years, people still buy them. Same with cigarettes and alcohol. And I'm pretty damn sure anons in this thread will continue to spend money on PM's, they just won't be able to stack as quickly as before.

>> No.23350912

>>23350762
>You have coof camps to round of dissenters in canada rn. They announce they will roll it out next year. It was discussed in parliament. So sorry leafbros.
There is a lot of FUD going around, and we are either the boiling frog, or they are just doing the usual thing, keeping you distracted with this hand while they stick their fingers up your arse with the other hand.
I have a simple explanation which makes sense for the coof camps that is not fema camps. It is the governments way of spending on accommodations for fakugees and illegals, while everyone else is talking about FUD that will not happen.
How do they think they are going to round up dissenters? Are they just going to round up every white person? No one is going to question that? There are too many dissenters. I believe that zephr may have actually been the plan before they realized the logistics of how many dissenters there actually are.

>> No.23350989

>>23350855
>are people just stupid enough to accept the situation by in large
>are people just stupid

Anon, so long as they have drugs, entertainment, and food, most will go along.

The light at the end of the tunnel is that only about 2-4% of people need to rise up to overthrow such a fascist regime as what we see coming. none of the idiots will stop it.

>> No.23351005
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23351005

>>23350855
Checked and I'm thinking they will reserve US CBDC simply for gibs distribution. That's what the H6321 act says. You can also expect that banks will lobby hard against full scale FedCoins as normie money because it will make modern banking obsolete.

For me the real inflationary situation comes from the move to MMT. That being said, I can see how Gold sort of reacts to USD inflationary expectations, but I think it moons based mostly off uncertainty. We get so focused on inflation of USD in these threads, but I think the best moon scenario for PMs would be a contested election or something epic like the Eurozone dissolving.

>> No.23351018

>>23350855
Consider that most normies have never even thought about buying PMs.

What's more likely to happen is what Germany is already doing, which is introducing a limit beyond which PM dealers need to record your personal details (2000€ in germany iirc). They don't need to ban PMs when they can simply make sure they get to know who buys and owns them, so your money is never fuly off their radar.

>stop people from buying certain goods
That would be counterproductive. Why do you think people put up with all the shit they put up with nowadays?
Because at the end of the day, they can still consume. The way to sell people on CBDCs is convenience, and enabling rampant consumerism is a great way to ensure compliance.
If anything, they will make certain things cheaper to buy with CBDCs rather than dollars, for example through lower VAT

>Or are people just stupid enough to accept the situation by in large
Yes, precisely because it will be very comfortable. Nudge theory is preferred to bans and prohibitions nowadays.

>> No.23351053

>>23351005
>they will reserve US CBDC simply for gibs distribution. That's what the H6321 act says. You can also expect that banks will lobby hard against full scale FedCoins as normie money because it will make modern banking obsolete.

This, also there is no way foreign governments will accept US CBDC as a substitute for the dollar. The US govt would have way too much direct control over fedcoin for it to be viable to replace the USD as reserve currency.

>> No.23351081

>>23350989
I think you are right.
>don't ban PMs but let normies spend on anything
Results in very few normies shifting to PMs
>ban PMs but still let normies spend
Creates enough of an opposition to be a threat but doesn't really solve a problem as the majority still won't be in PMs and the people who would be already are for the most part.
>ban PMs and ban normie spending
Shit hits the fan

I think this quote from 1984 is relevant
>If there was hope, it MUST lie in the proles, because only there in those swarming disregarded masses, 85 per cent of the population of Oceania, could the force to destroy the Party ever be generated. The Party could not be overthrown from within. Its enemies, if it had any enemies, had no way of coming together or even of identifying one another. Even if the legendary Brotherhood existed, as just possibly it might, it was inconceivable that its members could ever assemble in larger numbers than twos and threes. Rebellion meant a look in the eyes, an inflexion of the voice, at the most, an occasional whispered word. But the proles, if only they could somehow become conscious of their own strength, would have no need to conspire. They needed only to rise up and shake themselves like a horse shaking off flies. If they chose they could blow the Party to pieces tomorrow morning. Surely sooner or later it must occur to them to do it?

>> No.23351142
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23351142

>>23344246
It's already 100% prepared and in the tubes for either next year or 2022, of course they can, it's not like the sheeples will do anything against it anyway.
But for it to work they will have to ban all non-CBDCs cryptos, which is extremely bullish for gold & silver, since ppl will ALWAYS need non-trackable money for black market, buying drugs, paying wage of non-declared workers, doing gifts, buying weapons...
But otherwise it will be the biggest scam ever in the history of mankind, this time no way to play around taxes, since everything will be automatically taken at the source. Literally Shlomo's dream becoming reality.
And don't get me started how they will be able to curbstomp any political dissident via social credit scores tied to your FEDwallet and let the people not agreeing with their mark of the beast die off starvation.
And how they will prop up constant economic growth since your FEDcoins will have an expiration date, so we'll be forced to consoom always more.
And a thousand more fuckeries who will transform us in the ultimate form of the noahide goyim, literally lower than slaves. If we accept this shit it's the end for us all, no joke.

>> No.23351201
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23351201

>>23351142
I think you are taking it too far. If this were the likely scenario, fuck gold and silver, invest in a new passport, turn 360 degrees and GTFO the FUCK out of the US.

>> No.23351271

>>23351201
> turn 360 degrees and GTFO the FUCK out of the US.
And go where? England is 10 times more fucked than America, Canada is ground zero for FEMA concentration camps, Australia and New Zealand aren’t far behind. Every nation in the Anglosphere is beyond fucked

>> No.23351292

>>23344180
Any way to hold these within a UK ISA?

>> No.23351302

>>23349658
basically this^. if you're a white male, or east-asian male, in the US, you are paying for everyone elses free shit. might as well get some yourself.

>> No.23351315

>>23351201
I love how you faggots think there is somewhere to run. The west (north america) is the last fucking stand. If we fall the rest of the world falls. If you want to accelerate yourself in to living in a 3rd world shit hole then get your passport. there is no running from this.

>> No.23351337

>>23351201
>I think you are taking it too far
(((They))) already admitted all i just said... It will be so easy to much it on the normies :
>it'll eradicate terrorist funding!
>it'll eradicate richs dodging taxes
>it's better for your health, cash carry the (((coof)))!

>invest in a new passport, turn 360 degrees and GTFO the FUCK out of the US
oh my dear boomie, it will be implemented on a global scale, there are only 3 countries left with no central bank tied to the BIS : N. Korea, Iran and Cuba, why do you think they are always considered the "ennemies of free nations"?

>> No.23351386

>>23350685
Wouldn't money with an expiration date be exactly what we want, then

>> No.23351400

>>23351315
this, there is nowhere else to go on alot of levels, its a matter of time. unfortunately im still relatively young, this will be my generations burden of existence, and whatever kids come next will think its normal. physical money?
>'your so old grandpa, show us the "twenty" bill again'

>> No.23351402

>>23351302
>if you're a white male, or east-asian male, in the US, you are paying for everyone elses free shit. might as well get some yourself.
this is just outright false

>> No.23351406

>>23351337
Look at the other side.
>It will cause banking jews to lose money
>It is already a polarized political issue in the US (right wing against it)
>IT WILL DISSOLVE THE US TREASURY MARKET
so no more USD reserve status.

If you think all what you said can be implemented then you think jews, the right wing, and the US as a hegemon will go down with out a fight.

>> No.23351417

>>23346261
>a batboi
>only one
I got five. Used half my corona bux to get then at ~116/coin. Also nice MM Starter Pack.

>> No.23351451
File: 2 KB, 90x21, Doctor Cuck.jpg [View same] [iqdb] [saucenao] [google]
23351451

>>23351386
Explain to me a process by which that gets implemented without yuge resistance by global elite themselves. Its so unlikely, except in the form of little stimulus giblets here and there.

On the other hand, MMT is WAY more likely to sneak into activation as it uses the existing currency systems.

>> No.23351461

>>23351386
You are a fool if you believe they'll allow the goyim to purchase any gold & silver once they implement their expiration date FEDcoin.
That's why we must stack NOW and not wait until it's too late.

>>23351302
Every other country in the world pay for your free shit. You mutts all are living way above your means since the end of WW2. If it was not for exporting your inflation and forcing us all to trade is USD you'd already be living in mud hutts.

>> No.23351469

>>23351386
Sure if you're looking for PMs to moon but live in a prison.
The best result we can hope for is to take back the reigns of money printing back to the people. Let the free market decide what is money and what is not. That way we get the best of both worlds.

>> No.23351573
File: 3.07 MB, 4320x3240, DSCN0268.jpg [View same] [iqdb] [saucenao] [google]
23351573

>>23351337
>>23351315
>>23351400
>There is no where else in the world!
Personally going to rural Siberia where its still basically a barter economy.

>> No.23351628

>>23351573
Being a peasant is better than being a slave

>> No.23351710

>>23351201
this will be global you coward. stop thinking about running, there will be no where to hide. Man up and start thinking about 1776ing

>> No.23351715

>>23351469

It is interesting that we, who believe in gold and silver, don't feel a need to force it as money upon anybody. We don't want central banks, we don't even want the government to mandate gold and silver as money. We simply want the people to decide what money will be. We are sure enough in our beliefs to know that, inevitably, money _will_ be gold and silver. (In the modern age, that would include digital allocated services like Andrew Maguire's Kinesis, by which you can divide gold into grams just as finely as you can a Bitcoin into satoshis.)

>>23351315

My hope is that the patriot movement in America will Balkanize when the tyranny really gets going. The anti-Federalists were right.

>> No.23351724
File: 38 KB, 678x525, 1590393378689.png [View same] [iqdb] [saucenao] [google]
23351724

>>23351406
>It will cause banking jews to lose money
In case you didn't noticed the central banks are at war with regular banks since 2011. And it transformed into a slaughter since ZIRP and NIRP policies were implemented. It's a bankers' war to death, and central banks already won. In the FEDwallet world, regular banks wont be allowed to exist. That's why they currently are crashing the economy with no survivors + NIRP : no bail out for the banks this time.

>polarized political issue in the US (right wing against it)
implying (((they))) give a fuck about it, right wing is also against the US transforming into a nigger filled, jew-ridden bolchevik shithole, yet here we are..

>so no more USD reserve status
Exactly, you need to take a serious dose of redpills if you still believe the national hegelian dialectic is the basis of power struggle : the illuminakikes don't give a fuck about nations, they all have at least 3 nationalities (one of which is always israelian), only globalism count to them. Sacrifying the US is 100% part of their plan, even though most of the instigators of this conspiracy are americans themselves. Because contrary to you, they can buy any passport they want and move at any time. I mean, just go the the WEForum website about the Great Reset, destroying the USD reserve status to create a new money based on a basket of currencies is literally the first line...


>then you think jews, the right wing, and the US as a hegemon will go down with out a fight.
Jews wont fight it, they are behind it. You must understand it's NOT about money, it's about control but also a messianic prophecy to fulfill to them. Never disregard the religious aspect.

The right wing is cucked and infiltrated way beyond death, they love law and order, and that's exactly what dictatorship always promise, i believe they will fight for it to happen actually.

And the US wont fight, it's literally them the paypigs orchestrating all the visible work to implement this shit.

>> No.23351741

>>23351081

Orwell based the world of 1984 upon the real communist dictatorships, and even informed on the British communists he knew of towards the end of his life. But he also opposed Hayek and Austrianism in one of his book reviews. I always thought it a great shame that Orwell never accepted the connection between paper money and tyranny. He remained a socialist till the end of his life. The only reason why Stalin or Hitler could get so powerful in the first place is because they abolished the gold standard, which meant that the people's store of labour was entirely in the hands of the government via inflation. When you get rid of gold, you make the people into absolute slaves. Orwell even quotes Hayek, who makes this exact argument, and yet he still rejects it.

"Professor Hayek’s thesis is that Socialism inevitably leads to despotism, and that in Germany the Nazis were able to succeed because the Socialists had already done most of their work for them, especially the intellectual work of weakening the desire for liberty. By bringing the whole of life under the control of the State, Socialism necessarily gives power to an inner ring of bureaucrats, who in almost every case will be men who want power for its own sake and will stick at nothing in order to retain it. Britain, he says, is now going the same road as Germany, with the left-wing intelligentsia in the van and the Tory Party a good second. The only salvation lies in returning to an unplanned economy, free competition, and emphasis on liberty rather than on security.

... The trouble with competitions is that somebody wins them. Professor Hayek denies that free capitalism necessarily leads to monopoly, but in practice that is where it has led, and since the vast majority of people would far rather have State regimentation than slumps and unemployment, the drift towards collectivism is bound to continue if popular opinion has any say in the matter."

>> No.23351831
File: 29 KB, 600x483, 874.jpg [View same] [iqdb] [saucenao] [google]
23351831

Are banks scams? Why did the IRS's 16th ammendment get passed the same year the Federal Reserve was created?

>> No.23351930
File: 1.13 MB, 3072x4096, 1598314572505.jpg [View same] [iqdb] [saucenao] [google]
23351930

>>23351724
Have you heard of thegreatesttruthnevertold on youtube? You would like his work.

>> No.23352004
File: 3.15 MB, 4000x3000, IMG_0424.jpg [View same] [iqdb] [saucenao] [google]
23352004

>>23351628
I would rather not be either of those things.

>> No.23352062

>>23346094
Jesus was unironically a Jew

>> No.23352072
File: 245 KB, 587x440, dude.jpg [View same] [iqdb] [saucenao] [google]
23352072

>>23347497
I like the rug.

>> No.23352083

>>23351930
He's a cringelord and his designs are garish with some exceptions. When I first started paying attention to the metals I admittedly purchased several of his rounds, but lost interest after he went full cuckold calling whyt pipo evil for "stealing" the native American's land.

>> No.23352106

what time does market open tomorrow? i want to be up early

>> No.23352114
File: 44 KB, 550x535, 1592674100126.jpg [View same] [iqdb] [saucenao] [google]
23352114

>>23352083
he seems close but never names them. He calls it a cabal and blames it on the catholics i'm like what.

>> No.23352120

>>23351400
>unfortunately I'm young
lmao boo hoo. Get over yourself faggot and climb out of that dystopian fantasy you've created in your mind. Stack gold, fuck bitches and do what you want. Sure the gubbamint might try to stop you one day but where's the fun if there's no challenge? Ayy lmao. Peace.

>> No.23352150

>>23351831
Banks have been scams since the introduction of fractional reserve banking, but we're way beyond that point. Money isn't even real anymore the higher you go up the chain, it's basically created by the stroke of a pen whenever the bank issues a loan.

https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy

>> No.23352166

>>23350595
Trudeau sold it all off with a deal setup to keep selling off new gold at a fixed rate. Were boned....

>> No.23352178

Physical price is gonna crash to March lows, checkem

>> No.23352196

>>23352166
>fixed rate
BAHAHAHAHHAHAHAHAHAHAH Imagine becoming prime minister(president???) and having zero knowledge of the macro economy. This timeline fucking sucks.

>> No.23352210
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23352210

>>23350595
>>23350614
>>23350659
>>23352166
>Canada’s Gold Reserves was reported at 0.000 USD mn in Sep 2020.

>> No.23352218 [DELETED] 

>>23352178
I bet it will rise 10% a year.

>> No.23352219

>>23352196
it gets worse. that fixed rate sells our gold at I believe 2015 prices. Were stuck with this deal for 25 years....

>> No.23352257

>>23352166
Lmao what on earth

Let me guess, China is going to be the one benefiting from this?

>> No.23352267

>>23352219
Who the FUCK is the other side of this deal from hell? China or Izrael?

>> No.23352268

>>23344598
>Silver Spruce
careful with that one, they haven't done any drilling yet but still claim very confidently that their Pino de Plata property has 100-120Moz Ag in the ground.

>> No.23352275

>>23352257
we sell our gold to Europe for the most part actually, but somewhere in the bullshit one of fruity trudies cronies has to be making a killing on this.

>> No.23352316
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23352316

>>23352120
>lmao boo hoo. Get over yourself faggot and climb out of that dystopian fantasy you've created in your mind.

>Stack gold, fuck bitches and do what you want. Sure the gubbamint might try to stop you one day but where's the fun if there's no challenge?

Based Chad stacker. I keep telling people to stop mentally cucking themselves before even attempting something. If you succeed then great keep it up, if you fail then you bootstrap yourself and find a different way to win, but if you neuter yourself with fear and doubt and don't even try to live life on your terms then this decade won't be pretty for you. Fortune favors the bold my frens.

>> No.23352336

just realized ill probably straight up quit my day job when canadian currency starts to become worthless. will be nice to have a vacation for a few months

>> No.23352340

>>23352268

Silver Spruce doesn't claim 120 million silver ounces confidently, they simply say that the geo who did the work on the property estimated 120 million silver ounces. The reason why you buy the stock is, first, because it would appreciate 10x if they did prove those ounces, since the mcap is already so low ($10 million). Secondly, because they have many other gold and silver properties too, which derisk the investment should gold and silver continue to rise. (El Mezquite, Melchett Lake, and, a few days ago, the Jackie Gold project.) Also, the management team doesn't take a salary, like other predatory juniors.

>> No.23352412

>>23352340
I'm invested in Silver Spruce myself. I just told the other guy to be aware that if drilling results at Pino go south, the share price will likely take a hit. The other projects are indeed good for derisking. I'll have to acquaint myself with the new 50% interest project JV they started with Colibri

>> No.23352566

>>23352340
By the way have they posted their 2020 financials anywhere? They only have financials up to 2019 in their website. Kind of rubs me the wrong way

>> No.23352568
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23352568

>>23352412
Investing or Speculating?

>> No.23352610

>>23352568
Speculative investment. 1,000 shares. If I lose it all I don't mind, but I think there is a good chance I will get a return for my investment.

>> No.23352830

>>23350912
They will round out those that do not agree with getting a vaccine or do not allow the goverment to buy back their land.

>> No.23352832

>>23352412

Think that SSE is not much more of a risk than the other two stocks which were just mentioned, CCW and DSV. If silver collapses then DSV will collapse two thirds in price, because its low-grade reserves will become uneconomic. CCW is _extremely_ promising at a 250 _ounce_ per ton average grade, but would decline if further drilling produced poor results, since only 7 million silver ounces are proven so far. But if you believe that gold and silver are inevitably going to rise (as I do) then DSV, CCW, and SSE are all going to rise also, and the worst thing that can happen is a relative loss in opportunity cost. SSE has value on the basis of its other four properties, even if Pino de Plata magically vanishes into thin air. The stock has not moved much yet (only up 50% since Dec. 2019, 85% since Jan. 2020,), so it hasn't been pumped by any means, like many juniors, some of which are up 5-10x since February. That's why I believe that gambling on Pino de Plata is a gamble worth making. I think that the share price will leap if and when drilling is announced at Pino, and that's when somebody would have to think more carefully about whether or not to get in. But the stock is still so obscure that I think that very little of its upside has even been priced in yet.

>> No.23352866

>>23352268
I yolod $150 bucks into it and got like 4000 shares. W/e. They havent drilled or proven anything yet but they released tons of geophysical data pretty confidently

>> No.23352892

>>23352610
might i suggest the intelligent investor by benjamin graham

>> No.23352962

>>23352892
You may. Care to sell me on it a bit?
>>23352832
I'm not acquainted with DSV or CCW yet but thanks for the information anon.
>The stock has not moved much yet (only up 50% since Dec. 2019, 85% since Jan. 2020,), so it hasn't been pumped by any means, like many juniors, some of which are up 5-10x since February. That's why I believe that gambling on Pino de Plata is a gamble worth making. I think that the share price will leap if and when drilling is announced at Pino, and that's when somebody would have to think more carefully about whether or not to get in. But the stock is still so obscure that I think that very little of its upside has even been priced in yet.
That's a good point that I haven't weighed into my investment decision. I might add some shares to my investment, but I'm still not 100% on that. I'll be paying a lot in broker fees because it's so dirt cheap (Degiro's Canadian exchanges cost 2€ + 0.01€/share)
>>23352866
When did you buy? 0.075 * 4000 = 300

>> No.23352976

>>23345069
Well thought out anon, and indeed scary... have a (You)

>> No.23353033

>>23346839
Not (((yet)))

>> No.23353096

>>23349581
Yup, then they’re gonna attach it to an (((algorithm))) that drops in funds to areas that have (((weak numbers))) to (((balance))) the (((economy))). I.e, NIGGERS

>> No.23353114

>>23349804
They’ll let you keep it, but just remove access to it, lol

>> No.23353259

>>23352832
Hello silver miner anon. What are your thoughts on investing in miners with properties in Argentina? With everything going on there, is it too risky?

>> No.23353295

>>23350595
>>23352166
...Should I be buying miners' Frankfurt shares instead after all?

>> No.23353329

>>23353259
I know i wouldnt touch any projects in Argentina until they undo their new financing regulations.

>> No.23353375 [DELETED] 

Argentina is white.

>> No.23353488

>>23353329
isn't Argentina about like Mexico, with Venezuela being the worst?

>> No.23353489

>>23353329
So long-term, you don’t see Argentina as a viable option to invest in mining companies? What is the likelihood that the current regulations will be overturned or changed in the near future?

>> No.23353527

>>23353259

Abraplata is the best Argentinian silver stock, but, as Pan Man says, it seems unnecessary to invest in Argentina when it is already demonstrably hostile to miners. It seems best to me to cut and run from a jurisdiction once it proves itself to be excessively hostile. It's not as if there aren't opportunities in other South American countries which are just as good as, if not better than what Argentina has to offer. (e. g. Eloro Resources.)

>> No.23353534
File: 585 KB, 1090x1223, 429BAEEC-AAE5-4A9F-8274-9EEE5BE87091.jpg [View same] [iqdb] [saucenao] [google]
23353534

Holy shit I want an Athenian Tetradrachm so bad.

>> No.23353571

>>23353488
Argentina used to be very pro mining, but recently they created a new set of retarded tax laws that stop outside miners and explorers from operating in the country if they get financing outside of Argentina.
>>23353489
>>23353527
Who knows when those laws get undone, its up to the courts there to figure out. So far the new regs have killed about 2 billion dollars in new investment down there, we will see if the gov reverses course as all their major projects fail.

>> No.23353678

why is there a big uptick in discussion of fednow over the weekend? did some news come out that i missed?

>> No.23353703

Anybody know good stocks of companies that mine lithium, or cobalt even? With electric vehicle production posed to ramp up, wouldn't these be good picks since they're used in the batteries?

>> No.23353737

>>23353678
big news this weekend:

80 trillion in swaps happening basically right now
IMF trying to put the whole world on worldcoin/fedcoin
Peter schiff getting railroaded

>> No.23353754

>>23353534
The owl on drugs is very aesthetic.

>> No.23353777

>>23353534
I’ve always though those looked terrifying

>> No.23353916

>>23353703
VALE, BCN, PLL

>> No.23353945

>>23353737
>Peter schiff getting railroaded

What happened, what are you referring to?

>> No.23354039

>>23353945
Check these posts
>>23349573
>>23349587

>> No.23354049

>>23349747
>>23349587
>>23349573

>>23353945
above posts go into details

>> No.23354136

>>23351402
Undeniably true.

>> No.23354138
File: 51 KB, 1200x630, download (1).jpg [View same] [iqdb] [saucenao] [google]
23354138

>>23353754
look how calm she is as well

>> No.23354148
File: 438 KB, 1392x788, 1597769347343.jpg [View same] [iqdb] [saucenao] [google]
23354148

>ITS FUCKING HAPPENING
>ECONOMIC COLLAPSE IMMINENT
Goddam I thought I had more time...

>> No.23354164
File: 196 KB, 1003x1023, 1597351773201.jpg [View same] [iqdb] [saucenao] [google]
23354164

>>23354148
good

>> No.23354180

>>23352962
I bought in at 6 cents. I'll have too see exactly how much. Its between 2-4k.

>> No.23354205

>>23354148
Now now, we still have time I'm sure. The wind has gotten stronger and the storm clouds have been gathering for a long while. This is just a thunder in the clouds. It's still a while until the storm, and the eventual hurricane, hits.
>>23354180
150/0.06=2500 shares, if you bought with 150 dollars

>> No.23354241

>>23354205
Yes thats correct. Im not that attached to it. It was a Yolo fomo play.

>> No.23354262

>>23352566
From what i understand because of covid, canadian companies werent required to release their finacials this year. However like you said, i dont view it as a sign of good faith. Other canadian companies have released their finanvials for 2020

>> No.23354264

>>23354241
I think it's a good investment. Not too balls deep into it, and enough to get considerable returns if their drill results blow up the bank

>> No.23354280

>>23354264
Thank you. I hope it moons.

>> No.23354315

>>23354280
Me too, I'll get a good return for my 75CAD when/if it does

>> No.23354350
File: 58 KB, 1024x1024, 1587189474137.jpg [View same] [iqdb] [saucenao] [google]
23354350

>>23350595
>Canada’s Gold Reserves was reported at 0.000 USD mn in Sep 2020.
This is truly disgusting, Troudoo has no right to sell this gold, it was property of Canadians, not of few crooked faggots politicians in bed with banksters... It boggle my mind institutions can end up so corrupted few kikes like trudoo are even allowed to do this without the consent of the taxpayers.
This is not only theft, but also high treason. Stuff like this few decades ago would have been unimaginable.

Wake up canucks and hang these illuminati fuckers impoverishing you before you end up enslaved (well, more than you alrdy are i mean).

I'm fucking pissed and i'm not even living on the same continent.

>> No.23354517

>>23351930
Few years back he did some indepths vids about silver, like the hunt brothers' one who was great stuff, but this faggot got lazy and is a coward. Now he's just a snake oil salesman repeating over and over the same mantras trying to shill his garbage with 0 efforts.
He went from based to cringe in my book.

>>23352114
>he seems close but never names them
he run a business relying 100% on jewtube videos to get some visibility, he's just another pimp garbage seller who'd sell his soul for few more shekels, so no way he ever name them. He's a fucking hypocrite. But no risks onto blaming whiteys and christians, he may even be awarded a youtube medal or something for this.

>> No.23354724
File: 251 KB, 665x574, 1590092077809.png [View same] [iqdb] [saucenao] [google]
23354724

>>23353571
Hey pan man quick question about mineral resource estimates. When the estimates have Measured, Indicated & Inferred resources, are the total amount of tonnes/ounces cumulative (M->Ind->Inf)? Meaning, when Measured estimate says for example 1Mt ore in the ground and 50koz Au, are the Indicated and Inferred estimates (which are obviously going to be larger estimates) totally separate or do they take the Measured estimate into account? If so, the Inferred estimate is the utmost hopeful estimate of the total amount of mineral resources in the ground. Or, if I look at a project's resource estimates with the most rose-tinted glasses possible, do I instead just add up M+I+I estimates to a total sum?

Sorry if the question is retarded or difficult to understand. English isn't my first language

>> No.23354770

>>23350676
silvercoins.ee sells kangas for 25.45

>> No.23354890
File: 135 KB, 858x1023, 73cd87f4ef887c3273edc5c53b76be50.jpg [View same] [iqdb] [saucenao] [google]
23354890

Remember anons, gold is god's blood, here you can see some beautiful scythian jewelry

>> No.23354913

>put scrapanon's advice into action
>found a lot of spoons with no weight
>found the same spoon with weight
>increased net worth

I'm still paranoid as shit and I'm going to be getting a decent scale + acid test shit but if the weights are comparable (which they absolutely should be) then ezwinz

>> No.23354960

>>23350595
>>23354350
Canada is unironically collapsing
t. Canadian

The worst part is that there are STILL retards who are eating his leadership up.
You will see Canada balkanize within your lifetime

>> No.23355048
File: 82 KB, 640x733, 1592648240924.jpg [View same] [iqdb] [saucenao] [google]
23355048

>>23354960
I wonder whether all the dollar nations are going to see an economic collapse. I also wonder what becomes of other currencies, mainly the euro. We have a lot of gold here I guess but on the other hand we just took an insane amount of stimulus that's going to be distributed as debt to all the member countries

Is there any place that won't see an economic collapse? The whole house of cards might just come crashing down hard

>> No.23355086
File: 630 KB, 2046x2007, KIMG0496~2.jpg [View same] [iqdb] [saucenao] [google]
23355086

>>23354913
>I'm still paranoid as shit and I'm going to be getting a decent scale + acid test shit but if the weights are comparable (which they absolutely should be) then ezwinz

Awesome to hear! Definitely get a scale and some Schwerter's silver testing solution, but those spoons should all be legit, I've never heard of something like a counterfeit plated "Towle Candlelight" (for example) sterling flatware set.

Hands on experience and some confidence boosting success should dispel the paranoia soon enough, good luck!

>> No.23355115

>>23353571
>Argentina
Thanks, do you see Argentina as more of a problem for the juniors/explorers and not much for larger miners like Fortuna, Pan American Silver and Yamana?

>> No.23355183

>>23355048
>>23354960
>I wonder whether all the dollar nations are going to see an economic collapse. I also wonder what becomes of other currencies, mainly the euro
that was the plan all along, read the Protocols of Toronto leaked by Serge Monast, everything explained in there happened, just one final step remain. It's a short read so you have no excuses anons.

>Is there any place that won't see an economic collapse?
Israel

>> No.23355207

>>23354960
That is what propaganda does. Thank
Edward Bernays.
>>23355048
It is all of them. All fiat currencies are backed on each other.

Mind if I bake the next bread?

>> No.23355218

>>23355086
Thanks bud
I did as much as I could to find the same spoon manufacturer, design, length, and visually compared the two. I do have a scale that measures to gram accuracy which is probably good enough but I'll see.

Either way I'm looking forward to getting the fuckton of scrap I ordered over the last week, thanks for making me not retarded and thinking that .999 was the only way to go

>> No.23355229

>>23355207
Go ahead baker sama

>> No.23355258

>>23355207
do it but go full blackpill on the OP edition + pic.
Dark days are ahead.

>> No.23355265

>>23355183
>Israel
kek
>>23355207
>It is all of them. All fiat currencies are backed on each other.
I know all fiats are linked to the dollar along with Treasury bills but hasn't Chayna been selling their dollars a lot while buying pm's? Gold+silver backed yuan incoming?
Also do bake

>> No.23355293

>>23355086
>>23355218
My only other comment is that I couldn't match the year but I would be surprised if the weights on what is effectively the same spoon vary enough to damage my margin

>> No.23355301
File: 2.62 MB, 1254x1771, 1600919224404.png [View same] [iqdb] [saucenao] [google]
23355301

>>23355207
>next bread
anime waifu thread theme please

>> No.23355309
File: 74 KB, 500x497, 21A63ABD-C0A7-493C-9D37-A841B355DFD9.jpg [View same] [iqdb] [saucenao] [google]
23355309

>>23355258
>>23355207
Make it the “Darker Days Ahead” edition and use pic related

>> No.23355311
File: 1.30 MB, 2000x1500, IMG_4721.jpg [View same] [iqdb] [saucenao] [google]
23355311

POST GOLD COINS YOUR LARPING POORS

>> No.23355331

>>23355311
Nice tungsten you have there

>> No.23355334

>>23355301
>>23355309
>>23355258
I have an idea just to encourage you guys for the next bread while dark days come in 3 hrs.

>> No.23355345

>>23354890
Hot damn, that's some fine craftsmanship.

>> No.23355380

New bread

>>23355373
>>23355373
>>23355373

>> No.23355388
File: 32 KB, 354x354, 1349935054944.jpg [View same] [iqdb] [saucenao] [google]
23355388

>>23355311
cant sempai.
terrible boating accident.
all was lost.
no Pms here

>> No.23355413
File: 80 KB, 640x480, 8C433C3F-C0DF-4699-8AF5-8D1B7274B8A4.jpg [View same] [iqdb] [saucenao] [google]
23355413

>>23355311
I don't have any Gold coins, but I do have lots of Bouillon.

>> No.23355542
File: 537 KB, 1887x2687, KIMG0557~2.jpg [View same] [iqdb] [saucenao] [google]
23355542

>>23355218
>Either way I'm looking forward to getting the fuckton of scrap I ordered over the last week, thanks for making me not retarded and thinking that .999 was the only way to go

You'll have fun piling up that cheap sterling, really does feel like a treasure hoard. Many if not most coin shops will buy sterling items by weight no problem or trade for other stuff (dad traded a pile of spoons he had accumulated at my urging for a bunch of silver dollars and a lovely $20 St Gaudens recently) so even if you're not getting it refined it is still perfectly good silver that can be converted into whatever you want down the road.

I really appreciate you opening your mind to stuff beyond coins or .999, it is a valuable skill asset as we go through unprecedented times. Being more adaptable and smart about sourcing and trading silver (and gold) can only confer a competitive advantage. I'm glad that the perspective clicked fren.