/pmg/ - Precious Metals General:

[Anonymous No.25708701]

Smackdown edition

>Why Gold?
https://www.youtube.com/watch?v=i3S4rl6ehiI
https://www.youtube.com/watch?v=gksenA5Al_A
https://www.youtube.com/watch?v=FI7NnOg2rxo

>Bullion dealers
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https://bgasc.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/
https://silvergoldbull.com/
https://www.goldeneaglecoin.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://www.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://www.youtube.com/watch?v=3mg9YcAShTo
Magnets
https://www.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/

Relevant information regarding mining companies
https://pastebin.pl/view/fddd4572

Previous thread:
>>25700691

[Anonymous No.25708749]

>>25708701
based I made that picture like 4 months ago

[Anonymous No.25708754]

first for AAAAAAAAAAAAAAAAAAAA

[Anonymous No.25708842]

>>25708749
it's good oc

[Anonymous No.25708912]

>>25708701
Reminder there are literal Biden supporters in this thread who think carbon dioxide is bad for the environment

[Anonymous No.25708968]

>>25708754
It's already starting to turn around.

[Anonymous No.25709002]

I DEMAND THAT WE REMOVE MIKE MALONEY FROM THE BREADS FROM NOW ON SINCE HE IS SHILLING FUCKING BITCOIN; FUCK THAT OLD MAN

[Anonymous No.25709044]

First for moving to Japan

[Anonymous No.25709041]

imagine if you put your money into bitcoin

[Anonymous No.25709054]

[Anonymous No.25709079]

https://oldsilver.ru/home/23-nicholas-ii-1-ruble.html
>One ruble silver coin of our last emperor. We really cherish our pre-USSR history and it pains us to this day. Him and his whole family were executed by (((commies))), this tragedy will echo through generations to come.
LMAO

[Anonymous No.25709175]

Screwed up the previous messaging (earlier thread) because I was in a hurry to go to lunch. Basically the embargo is happening, believe it or not, you'll know in days so definitely not a larp. What I fatfingered was instead of "because he is the only one that can stop the embargo from taking effect" I meant to say Biden (or a temporary replacement like Pence). Trump is the one who created the embargo, this is wide public knowledge and certainly no secret.

>Monday 1/11/21 at 9:30am Eastern, an Executive Order will take effect that effectively embargos China. Any holdings will become effectively worthless and non-transactable for the foreseeable future (at least 4 years). Powers that be are heavily invested in China and forced to liquidate assets at an accelerated pace. They have no time to waste.

>JPM and custodians have been instructed to do whatever they can to lower any available mechanisms (e.g. "outs") to reduce the barrier for entry. It actually hurts JPM to do this, because it puts a strain on their long game. In the business of generating profits, why would a trickle long game be overshadowed by a potential short-term loss: to mitigate a long-term loss. If they don't liquidate over the next 2 days, their losses will be insurmountable.

>Politicians are rushing to remove Trump at any cost as we speak, because BIDEN (or temporary replacement like Pence) is the only one that can stop the embargo from taking effect. A 60-day grace period will expire, preventing a short-term rollback and sustaining the EO indefinitely. Ask yourself why so much energy is being publicly put toward removal when they can just sit quiet until inauguration day? I hope common sense provides you that answer. Occam's razor.

I could really care less whether you believe me or not, I was trying to show you that good things are inbound. Call me whatever you want, you're the short-sighted ones. Go ahead and sell your shit if you want. I'd buy more.

[Anonymous No.25709201]

>>25708701
I am unironically on the side of JP Morgan now. Long live cheapies!

[Anonymous No.25709218]

>>25709175
>dude just believe me

[Anonymous No.25709232]

bought 155 shares of barrick after the juicy dip i think i am ready for the next bullrun to 50-100$ per share

[Anonymous No.25709233]

So I guess we all can expect Powell to announce an uptick in QE next week, right?

[Anonymous No.25709256]

>>25709218
Do you really spend all your time on a forum to antagonize folks? What a waste of space.

[Anonymous No.25709287]

>>25709054
I get that JP Morgan has been known to have a long-term short position in silver, but the reality is that this meme has gone too far. Not ever movement in PMs is the result of a conspiracy.

This recent fall is the result of the 10 Year Yield spiking, plus the DXY has just jumped as well.

[Anonymous No.25709312]

>>25709256
>lies online, saying he's an "insider" of some unspecified kind
>talks down to me about "wasting space"
Give me a reason to believe your drivel and I'll consider your bullshit.

[Anonymous No.25709332]

>>25709175
Here's some bread for those who are too lame to use a search engine:
https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-securities-investments-finance-communist-chinese-military-companies/

[Anonymous No.25709360]

>>25709201
(((JPM))) just made me 40 bucks today

[Anonymous No.25709375]

>>25709312
Oh just get lost loser. You provide zero value. I owe you nothing, doing you a favor. Keep spitting.

[Anonymous No.25709385]

https://www.youtube.com/watch?v=VtPgSnCkcEU&ab_channel=KyriakosGrizzly
your time is coming JP

[Anonymous No.25709392]

I have 20% of my net worth in MTA plus another 20% in JPM bought at 90 last year in May.
Am I part of the tribe?

[Anonymous No.25709426]

>>25709175
I am interested about this. Where can I read more about this? Do you have any supporting evidence? Not trying to be confrontational, just genuine curiosity in your claims.

[Anonymous No.25709462]

>>25709426
Try this anon: https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-securities-investments-finance-communist-chinese-military-companies/

[Anonymous No.25709470]

>>25709375
I've provided much more value to /pmg/ in my time here, ask all the anons who I've taught about DD. You indeed don't owe me anything but you also don't need to lie to people online. Weak FUD.

[Anonymous No.25709534]

>>25709470
Go ahead and stroke yourself. Nobody cares.

[Anonymous No.25709551]

>>25709175
please tell me what to buy more of big insider man sir. I want to be cool and make a couple dollars

[Anonymous No.25709553]

>>25709534
Hey, what kind of insider are you by the way? Still waiting for the answer on that

[Anonymous No.25709591]

>>25708701
What is the reason for the smackdown on gold prices?

[Anonymous No.25709605]

>>25709175
>/pol/ larping
*yawn*

[Anonymous No.25709627]

>>25709553
Financial sector. What difference does it make, the work I do is bleeding edge, so I hear the messaging. I'm guessing you don't, otherwise you wouldn't be such a jackass to me about it. Did you read the executive order yet? For crying out loud...

[Anonymous No.25709633]

>>25709551
forgot to mention i bought deep itm slv calls and their up so far. Do i hold

[Anonymous No.25709664]

>>25709175
>>25709332
Interesting, will read through it later - will they only put an Embargo on Investment vehicles or also everyday products?

[Anonymous No.25709665]

How low will gold and silver go this month?

[Anonymous No.25709691]

>>25709605
Clearly the shills are out. Don't listen to them folks. 4chan is clearly compromised in these trying times. Frustrating but ignorable. Anyone with legitimate questions, you have about 10 minutes till my next meeting and I'm out.

[Anonymous No.25709695]

>>25709534
Can you please provide some more detail/clarification on your statement about JP Morgan? Maybe my reading comprehension is bad today, but I don't fully understand what you mean.

[Anonymous No.25709702]

>>25709175
I actually work in finance, was once a goldbug like you all but have been learning the ways of jewjitsu.

This is a larp, even the telecom bans were given like 2 years of advance warning. And now all of a sudden a total embargo will take place?

[Anonymous No.25709703]

>>25709627
Reading it right now actually. And exactly how does this translate to a full-scale embargo?

[Anonymous No.25709734]

>>25709002
Based but what should we replace him with?

>>25709702
>>25709703
This

[Anonymous No.25709786]

>>25709703
Because everything benefits the CCP, don't you realize every company in China is state-run majority now? So basically the list they've been compiling for 60 days probably includes most everyone's holdings, or is a subsidiary of some conglomerates holdings that will be affected. The shit will run down hill..

[Anonymous No.25709795]

>>25709703
It doesn't, although there is some nervousness about what subsidiaries are covered by it. It's not as big a deal as being made out, but it is having a chilling effect on Chinese shares generally to an extent.

[Anonymous No.25709806]

>>25709665
Pretty much lower, people are selling them and moving to other assets like bitcoin. Why bother with meager 5-10% returns.

[Anonymous No.25709842]

>>25709695
Basically the leaders need an out and JPM is manipulating to provide them that out. 2 days to liquidate, trading in both markets (here and overseas) will see tremendous volume over the weekend. Lots of phantom contracts changing hands.

[Anonymous No.25709855]

CLF

[Anonymous No.25709865]

>>25709786
Seems like you're overreacting. What >>25709795 is saying makes more sense.

[Floor stacker No.25709866]

>>25709806
Where is the proof people are selling gold to buy digital tulips?

[Anonymous No.25709883]

>>25709664
It's anything that benefits the CCP military, which is most of the industrial complex indirectly. So while every gnats-ass company won't be on the list, they all have parent companies just like here in the US.

[Anonymous No.25709926]

>>25709287
No it really is JPM. The price action we saw is not by any means natural. The line is not supposed to go vertically down like every single person is selling at the exact same time. There is one entity that has cornered the market and can manipulate the market at will with naked short positions which they will later close. Of course there is a limit to this manipulation which we saw in March when the price got hammered so low that the inventory ran out from many vendors due to extreme demand. I honestly don't know how comex survived then but the limit to this paper manipulation is comex defaulting.

[Anonymous No.25709941]

>>25709044
fuck you I'm first to move there. Leaving as soon PM top in 7 years, right when I turn 35.

[Anonymous No.25709943]

>>25709551
You can buy what you want, but physical is king. They're shuffling paper right now because they can settle contracts later. But eventually once they do, the shortage will really open up big which will drive the price up even further.

[Anonymous No.25709961]

>>25709883
How does that relate to this?

[Anonymous No.25709985]

>>25709842
Can you speak to what this might mean for both the stock market and precious metals?

[Anonymous No.25709999]

>>25709883
Well if this is true, i hope they pull through with it. Fuck the CCP - i guess we'll see on monday

[Anonymous No.25710067]

>>25709175
Why don't you leak the document then? Or at least take a screenshot?

Yawn.

[Anonymous No.25710078]

>>25709961
Last ditch effort I guess? Your graph shows the US has one shot at this and they're pulling the trigger.

[Anonymous No.25710084]

i bought the dip...

[Anonymous No.25710091]

turbo autist GV sounds like he might anhero

[Anonymous No.25710125]

>>25709665
probably pretty low
wouldn't surprise me if we retest $1200 by July
long term (2023) I'd say we're going back to $300-$500 range

[Anonymous No.25710131]

>>25710067
https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-securities-investments-finance-communist-chinese-military-companies/

Read it yourself

[Anonymous No.25710182]

>>25709865
You can think what you want, but I'm seeing the volume right now. Phones are off the chain. Try to make a timely trade right now, it won't happen.

[Anonymous No.25710185]

>>25710131
>ctrl+F
>"embargo"
>0 results

[Anonymous No.25710218]

>>25710182
Why buy now if the selling volume will pickup later?

[Anonymous No.25710221]

>>25710131
Yeah and I have the actual list of the 31 companies and all their subsidiary and all the security IDs because I actually work in finance unlike you larper.

Where's the document that supports your claim for the total embargo?

[Anonymous No.25710248]

>>25710125
How the hell can it go so low when there are already shortages in bullion dealers and trillions have been printed? Please explain you reasoning

[Anonymous No.25710249]

>>25710185
Everyone should bow to this hero right here. He holds all the common sense I guess?

[Anonymous No.25710254]

>>25709941
kek

[Anonymous No.25710285]

>>25710125
you dont actually believe that with an rapidly expanding money supply all over the world that gold would ever drop below 1200 $ do you ?

[Anonymous No.25710289]

>>25710249
Clearly you're jumping to ludicrous conclusions.

[Anonymous No.25710307]

>>25710248
I'd like to know too

[Floor stacker No.25710309]

>>25710125
This post just gave me brain damage

[Anonymous No.25710326]

>>25709961
this graph is absolute bullshit lol

[Anonymous No.25710342]

>>25710218
Because this is a two day window. Are you guys dense or something? Monday this takes effect. After Monday the damage will be done. In the meantime, China will have Fed restrictions on currency conversion, so they are already using the opportunity to buy metals this weekend too. The byproduct of artificially dumping to lower spot price benefits them too. They're not complete idiots.

[Anonymous No.25710398]

>>25710221
>>25709702
Notice how the larper is ignoring your posts, he fears the true professional

[Anonymous No.25710406]

afraid of investing everything on this dump and it being a reverse trap

[Anonymous No.25710408]

>>25710289
And you're standing still I guess. Duly noted.

[Anonymous No.25710420]

>>25710091
>GV is worried
>meanwhile I just put 1k right at the start of the month in miners and stop thinking about it
Am I too based ? Or too retarded ?

[Anonymous No.25710457]

*Heh*

I. BOUGHT. EVERYTHING. This Dip

Let them play their game; we play ours. We KNOW who it is. It's JP Morgan. They're going to continue to suppress the price of precious metals and NOTHING will happen to them... its unbelievable. But we are taking the other side of this trade. We are betting against this debt, acquiring hard assets, becoming our own central banks - it's incredible.

I will keep you on the right side of this. Me and my lions out here? We're buying ALL of these dips as the freakshow continues. The federal reserve is printing to infinity and devaluing the dollare, BY DESIGN. You can't make this stuff up people. Despite todays FAKE paper silver induced crash, we are still up BIGLY on most of our positions. For positions in the negative, we simply averaged down to lower our cost basis. For my stackers out there - this could not be simpler for you. You're probably sitting there laughing at us guys trading stocks and options while you log into JMB to order more physical to BUY. THIS. DIP. It's a gift, it really is. It's incredible.

But hey, this guy right here, loves you a lot... uh... please share the video, and I'll see you in the morning.

[Anonymous No.25710475]

>>25710125
I actually think we'll go negative in gold price. The jewellery demand is dropping and investors are rushing to bitcoin for safety. There is just no room to store all the useless yellow rocks and so gold will probably go negative the same way crude oil went negative last year. -50USD/oz EOY I'm calling it now.

[Anonymous No.25710479]

>>25710408
Ding! Ten points for our larper right here!
Don't you have a "meeting" to attend? You're almost ten minutes late!

[Anonymous No.25710481]

>>25710398
Haha sure I do. Whatever you want to believe is between your ears. Don't listen to reason, just assume everyone else is a larper. That'll get you really far in this world. You're welcome? I guess... to some but not all. Like it makes any difference to me. Have a good day, in a meeting until this archives itself. You'll see Monday. Fuck off.

[Anonymous No.25710512]

>>25710406
>>25710342
It's not low enough for me to buy and physical prices will stay the same regardless of how low it goes. I'm only buying physical from here on out because of the risk of reverse traps, manipulation, etc. of paper assets.

[Anonymous No.25710533]

>>25710475
>bitcoin
>for safety
what the fuck am i reading

[Anonymous No.25710537]

>>25710481
I will indeed see on Monday, shame that you won't be here larping then. Shoo shoo now

[Anonymous No.25710550]

We are not meant to make it

[Anonymous No.25710660]

>>25710420
This PM bull market will last another two or three years at least. Just dollar cost average into a diverse portfolio without worrying too much about day-to-day movements and you'll make it.

[Anonymous No.25710671]

>>25710398
Join me.
Sell half your gold and buy JPM.

[Anonymous No.25710672]

I don't know what to do guys this clownworld is over whelming. Should I just sell all my miners and sit on cash fro right now? I'd take about a ten percent loss. I know fundamentally miners gold and silver are good investments but this clownworld is showing and telling us that it doesn't give a fuck about reality.

[Anonymous No.25710711]

>>25710660
>diverse portfolio
exactly, invest in 10 different silver miners and you're fine !

[Anonymous No.25710715]

>>25710671
I won't join the Dark Side but I appreciate you btfo'ing the larper

[Anonymous No.25710733]

>>25710457
This is reason. Calling out. I feel it as well.

[Anonymous No.25710751]

>>25710475
Yes, how can an digital hash string compare to tangible scarce metal.

[Anonymous No.25710775]

>>25710711
Hey now there should be some gold miners too.

[Anonymous No.25710842]

>>25710457
Greg is peak comfy

[Anonymous No.25710847]

>>25710475
>>25710751

[Anonymous No.25710874]

>Irving Resources - Japan - 134 MC - Gold-silver(Japan) expl
>Lion One Metals - Fiji - 283 MC - Gold explorer
-----
>Impact Silver - Mexico - 160 MC Silver/gold producer/expl
>Eloro - Bolivia - 88 MC - silver explorer
>Dolly Varden - Canada - 111 MC Silver explorer
-----
>Canada silver cobalt - Canada - 69 MC Silver/cobalt/nickel/gold/copper explorer
>Blue Lagoon Resources - Canada - 43 MC - Gold/silver/copper explorer near term prod
-----
>Vangold - Mexico - 30 MC - Gold/silver explorer

Have one last spot. Saw someone shilling Starcore, I may buy next month if I get around why they're a good bet.

[Anonymous No.25710914]

>>25710457
I have to ask what do you guys actually think about greg? i started listening to his youtube rants somewhere around april last year
he seems to know a lot but idk
he basically says the same in every video

[Anonymous No.25710925]

CUT MY GAINS INTO PIECES THIS IS MY LAST RESORT

[Anonymous No.25710927]

>>25710775
>Irving Resources - Japan - 134 MC - Gold-silver(Japan) expl
>Lion One Metals - Fiji - 283 MC - Gold explorer
-----
>Impact Silver - Mexico - 160 MC Silver/gold producer/expl
>Eloro - Bolivia - 88 MC - silver explorer
>Dolly Varden - Canada - 111 MC Silver explorer
-----
>Canada silver cobalt - Canada - 69 MC Silver/cobalt/nickel/gold/copper explorer
>Blue Lagoon Resources - Canada - 43 MC - Gold/silver/copper explorer near term prod
-----
>Vangold - Mexico - 30 MC - Gold/silver explorer

Have one last spot. Saw someone shilling Starcore, I may buy next month if I get around why they're a good bet.

[Anonymous No.25710954]

>>25710927
Is it just me or does your portfolio change slightly in relation to the miners that are talked about here? I could swear you had some others in that list

[Anonymous No.25710998]

>>25710954
Because that's a paper portfolio, I already bought some of them but not all so I adjust when someone moon too much.

[Anonymous No.25711020]

>>25710457
I LOVE YOU GREG!

[Anonymous No.25711027]

seeing crypotocunts lose post pink wojaks makes me happy

[Anonymous No.25711046]

>>25710998
Ah so the list is about what you will buy rather than what you already have. Better keep eyes on more companies then, keep looking at opportunities other than what you have already planned!

[Anonymous No.25711118]

>>25710248
>>25710285
>>25710309
I used to think gold was an inflation hedge but the truth is that it just isn't - from 1990 to 2000 currency in circulation more than doubled, the Dow Jones tripled but gold prices dropped by 40%
gold tracks the 10y yield better than anything else, inflation is pretty much useless for predicting gold prices

I think the FED will allow rates to rise and every time unemployment increases or the stock market drops the federal government will just give out more stimulus checks, pumping up stocks and employment

DXY and purchasing power of the dollar will drop like a fucking stone but interest rates will go to double digits and gold will go extremely low

[Floor stacker No.25711127]

>>25710457
Based Gregposter

[Anonymous No.25711137]

>>25710715
list 1

[Anonymous No.25711144]

>literally bought 282 oz of silver and an oz of gold yesterday

Bogged again!

[Anonymous No.25711162]

>>25711046
Yeah, I don't wanna post too much text. Still have some company where I did DD and just wait for a good reason to swap them in. LTBR, PTA, MEK, TINKA, GIS, BSR and UEX are good example. Solid shit. If I were to post only my actual PF then it would be vgld, ipt, ccq and bllg. Poorfag.

[Anonymous No.25711184]

>>25710715
list 2

[Anonymous No.25711188]

>>25711027
I pulled out o Ethereum because it's too volatile right now, with a 30% profit. Gonna buy some cheapies with that.

[Anonymous No.25711226]

>>25710715
list 3... hmm so many more than 31. what a btfo that was, I feel so butthurt. Now truly back to work.

[Anonymous No.25711371]

>>25711137
>>25711184
>>25711226
You can literally use google to find those documents, how is this "insider information"?
https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA1002167.pdf
>>25711162
ygmi man

[Anonymous No.25711398]

Gah. Should I buy today or wait..........?

[Anonymous No.25711416]

>>25710914
>>25710457

Before I started bringing up mining stocks I used to talk more about economic fundamentals on /biz/. Whenever I tried to introduce Mannarino people would generally attack him. Picture related is from April. Wonder if any of these people admit to themselves that they were wrong now.

[Anonymous No.25711418]

>>25711226
You are listing subsidiaries.
The parent of China Nuclear Power Corp and China Nuclear Engineering Corporation is China National Nuclear corp.

[Anonymous No.25711457]

Are there any US mining companies that have contracts or partnerships with China?

[Anonymous No.25711482]

>>25711398
No it’s going to dump even more tomorrow

[Anonymous No.25711512]

>>25711457
None come to mind but some Australia-based companies have shipping contracts to China

[Anonymous No.25711522]

>>25710672
>10%
Did you just get in at the highs last month?

[Anonymous No.25711559]

>>25711418
BTFO's again, how does he keep doing it?

[Anonymous No.25711610]

>>25710672

A 10% down-day is nothing. These stocks can go up 50% in a day when silver rallies. Don't sell anything, simply be patient. If you jump out you will miss the move.

[Anonymous No.25711626]

>>25711559
It's simple. I bought some JPM.
You should too.

[Anonymous No.25711642]

>>25711482
that would be impressive

[Anonymous No.25711644]

>>25711512
Yes, Pacifico Minerals has a joint venture partnership with China's largest silver producer, Henan Yuguang Gold and Lead. I wonder how this will affect them. I do notice that Pacifico was one of the very few miners in my portfolio/watchlist that was green today.

[Anonymous No.25711660]

>>25711626
kek, by buying JPM you reached financial enlightenment
>>25711644
That is actually the company that was in my mind when making the post

[Anonymous No.25711682]

>>25711626
If this isn't a red flag to all of you biz-watchers here, then I don't know what is. The guy is nodding to "buy JPM"... and being an opponent to someone who's sharing information they don't what you to know and understand. The world has definitely gone to shit and they aren't hiding anymore.

[Anonymous No.25711753]

>>25711682
The one thing I agree with you is that anons shouldn't listen to him shilling JPM of all things. But you're not an insider, you're just a larper so you're not right either

[Anonymous No.25711841]

>>25710672
I sold my miners today. Down 15%. I've been in the silver game since the big run up in June, held through all these ups and downs, but today finally got to me man. They finally shook me out, for better or worse.

[Anonymous No.25711880]

Michael Oliver on Twitter today:

Momentum Structural Analysis
@Oliver_MSA
·
6h
We just issued warning for risk control/profit-taking to all subscribers. Quarterly momentum looks wrong and needs to clean itself out. We suspect a temper tantrum in all markets that could shake out a lot of investors here. No, precious metals long-term bull is not threatened."

https://twitter.com/Oliver_MSA

[Anonymous No.25711882]

>>25711682
Well I thought it was funny, trying to corrupt goldbugs.

Actually JPM is kinda expensive at this price, banks were cheap last year there were doomposts about permanently low rates forever, and so it's not a cheap stock anymore.

>>25711753
iz joke my friend

[Anonymous No.25711890]

>>25711753
The information is the information, you get so hung up on formalities and use that to project your insecurities. You have no idea who I am. Nor should you really care, you should consider the message and leave it at that. Maybe saying insider was a bit much, could have probably omitted it, but if only you knew what I really was you'd be thankful for awakening other anons on here. You aren't seeing what I'm seeing. My traders are busier than they have ever been today. And by the way, Trump is not going anywhere.

[Anonymous No.25711958]

>>25711882
I kind of thought it was a joke but it's difficult to know with just text
>>25711890
What I do know is that you have a meeting to attend and that you're quite late!

[Anonymous No.25712051]

>>25710914
>>25711416

Greg is usually spot on, but you have to get over his hyperbole language and ignore the doomer bits. he's not wrong - he's just over enthusiastic a lot

you also have to know how to fuck with options because greg trades like 90% options. he's been mostly SPY options which are expensive and probably too big baller for most people in /pmg/

[Anonymous No.25712091]

>>25711958
There you go with more projection. Love the taunts, let me guess. umm middle age maybe 40s-50s. Probably balding, 250lbs, sits in front of a screen all day "advising others" on DD. No real job, just a prognosticator at heart, wife left you or never married or wife considering leaving you, money tight due to bad past moves, like to convert your inner depression and stress by projecting unto others. I know plenty like you, I fire them all the time. Life only ends when you give up, try to be positive sometime.

[Anonymous No.25712107]

>>25711482
Markets are closed during the weekend, you fucking dumbass.

[Anonymous No.25712123]

>>25711841

This doesn't sound credible to me. Since June, we have had many far worse drops than this. SILJ barely even reacted to the silver price today. What you are saying is that you held through six collapses over six long months, and then sold just when the U. S. is on the brink of civil war, and the Democrats control all three branches of government.

[Anonymous No.25712154]

>>25712091
No projection here, you said yourself that you have a meeting right here: >>25709691
You are now like 50min late.

And speaking of projection:
>let me guess. umm middle age maybe 40s-50s. Probably balding, 250lbs, sits in front of a screen all day
Oh the irony lmfao

[Anonymous No.25712194]

>>25712123
Yeah man, I was over leveraged with a lot of options and I panic sold. So it goes. Might buy back in now after hours, but with less leverage and options.

A -10% day in spot price can shake anyone out.

[Anonymous No.25712206]

>>25707895
American Silver Eagles

[Anonymous No.25712227]

>>25712154
No thankfully since they are my meetings, I can sit here and btfo the pessimistic assholes on here to my heart's content.

[Anonymous No.25712240]

>>25712123
>>25712194

I still think PMs will go up over the long term- it's the next week or so that freaked me out. Rates rising, dollar rising, what the hell is happening?

[Anonymous No.25712262]

>>25712240
>Dollar rising
Crazy talk.

[Anonymous No.25712271]

>>25712227
>pessimistic
realistic*

[Anonymous No.25712309]

>>25712194
>>25712240

Why buy options. It's completely pointless. I explained this to somebody a few threads ago when he was talking about buying leveraged ETFs like JNUG. Simply buy good silver microcaps and hold them. They are going 150x; whether they drop 50% or 90% in a day, it doesn't matter, you hold and be patient and you win. There is no need to gamble on anything.

[Anonymous No.25712322]

SHOULD I BUY PMS NOW OR WAIT UNTIL FARTHER DIP?????

[Anonymous No.25712345]

>>25712322
It's always a good time to buy PM's.

[Anonymous No.25712349]

>>25712271
Now I know for sure you're in your 40's-50's. You could only think your thoughts are realistic if you've lived a healthy life of ups and downs. So many downs have put a perminent negative spin in your head. Deer in headlights for too long has left you incapable of critical thinking. You rush to judgement based on your past experiences, which, if charted, would demonstrate a slow decline to where you are today. You peaked 20 years ago and haven't been the same since. So are you opting for your stimulus check or going to be a man and stand up for what's right?

[Anonymous No.25712392]

>>25712349
tldr

[Anonymous No.25712422]

>>25712322
Now is a good time probably

[Anonymous No.25712441]

>>25712392
Here's a tissue. Call a therapist, they can listen.

[Anonymous No.25712452]

>>25712309
I had FSM and CDE June calls mostly. Seemed like a good idea compared to micro caps- different sort of risk profile. Of course I'm regretting selling now, but who knows, could be down to the next support level at $22 come Monday.

[Anonymous No.25712467]

>>25712441
yawn
all bark and no bite

[Anonymous No.25712474]

>>25712309
Charts like this make my peepee hard

[Anonymous No.25712502]

>>25712467
I think you've run out of thoughts.

[Anonymous No.25712517]

>>25712502
touché

[Anonymous No.25712523]

>>25712502
There's only so long I can consider the opinions of a jester

[Anonymous No.25712590]

>>25712523
That's okay, narcissism is a disorder that can be fixed with proper BTFO.

[Anonymous No.25712655]

>>25712240

>Rates rising, dollar rising, what the hell is happening?

Everything that is going on right now is temporary manipulation. They do it on the COMEX with paper digital ounces, we know how it works. They can't keep this ponzi stock market going unless they do trillions more in Q. E. to suppress yields, it's that simple. You need to gain more confidence in the larger economic picture. Stocks won't continue to go up unless that rapidly-rising ten-year yield is brought down. Otherwise, the temptation of risk-free return causes every asset-bubble to collapse. We saw it in February 2020, we saw it in late 2018, and everything is in much more of a bubble now than it was then. They are in a debt-trap. Q. E. or collapse, there is no alternative. Again, the economy is in an absolutely dire condition, 40% real unemployment, U. B. I. on the way, no way to repair things as long as they don't allow the mal-investment to correct itself, which they will never do, because, again, it would cause the whole system to fall apart first. Look at what gold has done since late 2018, when they were forced to re-start Q. E. again after the 2018 crash, to suppress yields. Gold has gone from $1200 to $2080. They can't keep playing these games forever. And when it breaks it might break suddenly, when you least expect it. You don't want to keep jumping in and out and miss a potential gold-price revaluation. It could happen any day at any time, the bankers would simply announce it all of a sudden. The money-printing is parabolic at this point, we are in the final stage of the collapse. "The progression of annualised monetary inflation from under 6% before the Lehman crisis, to 9.6% subsequently until March this year, and 65% in the thirty weeks since is clear from the chart."

[Anonymous No.25712680]

>>25711118
The Jews are rebuilding the third temple. They are crashing gold and silver so they can get a good deal. They need a shit ton. This is not a larp.

[Anonymous No.25712690]

>>25712590
I thought you didn't care about my opinion on your drivel? I thought you were a busy businessman who had to go to an urgent meeting an hour ago? One would think that a prestigious insider such as you wouldn't waste time bickering over the internet.

Just goes to show how credible you are huh, anons will of course draw logical conclusions from your behaviour. Go ahead, insult me. Prove to everybody that you are a weak larper.

[Anonymous No.25712769]

Wheres the stacks? Any new orders coming in?

[Anonymous No.25712806]

>>25712769
god I wish I was that birb
I'm not buying more physical myself though, focusing on miners now

[Anonymous No.25712841]

>>25712690
>Insult me
Says the guy who began the insulting.

If the truth puts you down and you consider what I say insulting, then maybe you should reflect instead of project the next time an anon contributes to this thread.

[Anonymous No.25712922]

>slow thread with /pol/ schizo
Time to pack it in for today.

[Anonymous No.25712923]

>>25712841
I don't recall insulting you at all, I'm rightfully calling you a larper which you are.

You really don't have to try so hard to convince me on the "truth". We will all see on Monday, just like you said. No idea why you're so hung up about this mr. millionaire

[Anonymous No.25712951]

>>25712923
Because it's fun to get a rise of people like you.

[Anonymous No.25712993]

>>25712951
Ah, so you posted here with the intention of causing a ruckus in the first place. Sasuga. Well we will see on Monday in any case I guess. Have a good one

[Sir stackafaggot No.25713072]

>>25712806
I'm thinking about a few 2021 eagles. Im still on the clock for a few minutes. I haven't checked gold for a while, but my miners are generally good majors.

>>25712922
At least it's all anon.
What do the non-politically inclined think about these things right now? I can't really make sense of anything myself, and I usually keep good tabs on these things.

[Anonymous No.25713122]

>>25712993
No, actually people like you piss me off and my already crazy day needed an outlet. My information stands. Mid-day Monday you will see PM's back at 27+ and likely higher. Sit on your shit and/or buy more if you want. Or sell today and wish you didn't. Just you wait.

[Anonymous No.25713158]

>>25713122
Oh I'm not selling, I'm in this for the long run. I also dislike people like you by the way so I guess we have something in common then.

[Anonymous No.25713168]

>>25713122
Gold will be over 2,000 Tuesday morning

[Anonymous No.25713227]

>>25713158
Sounds like it, but since you dislike most people and have few friends due to sitting on the internet all day, I'm not really alone in that bubble am I? Have a blessed day.

[Anonymous No.25713254]

>>25713227
you really like insulting people and lying huh

[Anonymous No.25713279]

>>25713254
I have to admit, you're fun.

[Anonymous No.25713560]

So I have McEwin and Aurcana. Thinking of getting some of the following, thoughts?

Nicola Mining
Pure Gold Mining
Blue Moon Zinc
Metals Creek Resources
Blue Lagoon Resources
Irving Resources
Golden Minerals Company

I bought some crypto too but using the bulk on more miners and physical. I actually have a big list of miners but im still going through everything. I didnt want to spam them all. So I just listed a few of my own picks and others I saw mentioned here a few times this month.

[Anonymous No.25713710]

>>25713168
>>25713122
You whisper such sweet promises anon.

[Anonymous No.25713792]

>>25713279
>>25713254
you guys are both salty boomers and should probably just neck u'reselves

btw you should've bought BTC

[Anonymous No.25713828]

>>25709002
whats wrong with bitcoin?

[Anonymous No.25713856]

>>25713560
I bought these today
First majestic silver
Defiance silver corp
Discovery metals corp
Abraplata resources
Vale

[Anonymous No.25713923]

>>25713560

Nicola and Blue Lagoon have been shilled here. I have Nicola but not Blue Lagoon. Up 32% on Nicola even after today and ive only held for about 2-3 weeks

[Anonymous No.25713941]

Alright, last post since I saw this poster not engaging in autism wars.
>>25713560
MUX share structure is horrendous. And Aurcana is pretty predatory. If you are green, hold, but I don't think I'd ever like holding those.
>Nicola Mining
Hidden gem that has a large downside risk because of debt. CEO very lowkey about publicizing information.
>PGM
Basically a producer now and so I think the upside is limited. I personally feel like EGO, CDE, HL are all big producers anyone needs.
>BLR
Good management, good property, nice debt, decent property. I think they intend to start later this year? Probably won't see much movement for a while but overall I feel less downside risk especially after today's slam down
Don't know much about the others.

[Anonymous No.25713949]

>>25710475
Yes. Speculators will be btfo when Comex deliveries arrive and they don't have space to store it all. Poor chaps will be forced to give blowjobs in the hopes of someone taking their worthless gold away.

[Anonymous No.25714005]

>>25712655
What if the goal is just to continue inflating for as long as humanely possible, encouraging every shoeshine boy, college kid, blue collar boomer, and everyone with a few bucks to invest in the stock market, and then rug pulling with the highest possible amount of both investors and capital in the system? That way, the maximum amount of wealth is intentionally siphoned away from the lower classes. Maybe the goal here is to get literally every American adult to get on Robinhood and FOMO buy the top of tech stocks and BTC, and then yank it all way in an instant, destroying financially everyone who participated? Afterwards, impoverished and skittish, investors will just hoard what little cash they have remaining in their savings accounts, even though it will lose purchasing power over time, and avoid investing in real things like PM, miners, commodities, and land, which are the only assets that will be worth a damn after the crash. Maybe they’re trying to both siphon capital and make people so reluctant from losing most of their money to never invest in anything again, thus leaving their dollars exposed to being inflated away to nothing. Or am I being a tinfoil hat nutjob again?

[Anonymous No.25714071]

>>25711841
Really? Such weak hands, every buttcoiner has more nerve. But who knows, perhaps you are right. Or bait

[Anonymous No.25714111]

>>25713949

[Anonymous No.25714115]

Just receveid my "porte-louis", can't wait to put my old gold coins in.

[Anonymous No.25714172]

>>25713560
I'm in golden minerals, seems like high risk/high reward it needs to reach $1 before mid February or risk delistment

[Anonymous No.25714316]

>>25714115
that's pretty nice, where did you find it? can it hold a gold eagle?

[Anonymous No.25714335]

>>25712769
Illustrious is a miracle of the universe.

Posted last week that I purchased 1500 oz of silver as my first PM investment and it just came in today. Was not really expecting the weight of these 100 oz bars, but damn if it doesn't feel like a million bucks to hold one in your hand.

[Anonymous No.25714445]

>>25714316
It's for LMU coins and Sovereigns originally, but I think you can put a 5 dollar gold coin in, I will try tomorrow or sunday. Got it on eBay, search for "porte louis" or "sovereign cases"

This one is easy to find

[Anonymous No.25714499]

>>25714071
Please disregard, I see that you were levered up. Still, holding crypto sure is a good way to increase pain tolerance, moves like these mean nothing to me

[Anonymous No.25714674]

>>25714071
>>25714499
Kind of you to retract your statement. Frankly, now that the market has closed and I've cooled down a bit, I do regret selling. That being said, I protected my capital- a lesson I've learned the hard way before. There are always future opportunities and I'll reassess things Monday and probably enter a new position with a bit less risk.

[Anonymous No.25715000]

Soon a pirate anons

[Anonymous No.25715140]

>>25714005

I think that nine tenths of what you say is correct. Only, I suppose that getting everybody to buy into the system, is more about keeping the ponzi going for as long as possible, than intentionally doing a rug-pull. The oligarchy has everything to lose if the system falls apart. They already own all the assets, and inflation can only make those assets increasingly valuable. But as this system _must_ fall, they need it to last long enough to get a tyrannical police state in place, to protect themselves from public outrage. I think that what we are seeing right now is a desperate effort to buy time, as they erect that tyranny. Pumping Bitcoin, for example, is a part of that--every bit of energy which goes into cryptos is energy which is distracted from precious metals. Cryptocurrencies have divided the anti-fiat community and sapped our strength. They have imposed the bitterest divisions. Or again, pumping stocks and bubbles like Tesla to entice the masses. In sum, the bankers will do as much as they can to destroy the middle class, and get everybody under control, before the inevitable collapse takes place. And when that day comes, they will convert their wealth into as much gold and silver as they can, and leave everybody who holds stocks, bonds, and crypto with nothing.

[Anonymous No.25715271]

>>25714674
Yeah, it came a bit meaner than I ment. I shouldn't even compare precious metals to cryptos

[Anonymous No.25715368]

>>25713856
Ill look into Vale and Abraplata. The others were on my list.
>>25713923
People seem to like Nicola and Blue Lagoon.
>>25713941
Im green on Aurcana, red on MUX.
>>25714172
I want aware they were facing delistment by mid febuary. They were 23 bucks in the last big bull run like 10 years ago


Ill do more research and ill urk more to see what others like. Ill do Nicola and Blue Lagoon. Ill read more on Golden Minerals.

[Anonymous No.25715462]

>>25714335
based and monster box pilled

[Anonymous No.25715469]

>>25713279
So you work on the bleeding edge.. do you and all your cohorts acknowledge that we are past the rubicon in terms of monetary debasement and failure to repay national debts in the western world? And that when the ill-prepared plebs realize this, hyper inflation will ensue?

I have heard hedge fund managers say this, what are your thoughts?

\\\\\\\\\\
Btw I was gunna buy a gold ozt today like I said when it hit $1860, but my LCS is out of maples. I have the ability to lock in spot anytime from now till their next shipment comes in. Still mulling over pulling the trigger now or waiting for sub $1800.

[Anonymous No.25715482]

>>25712107

[Anonymous No.25715509]

>>25715000
Nice stack anon

[Anonymous No.25715534]

Does condition of non-collectable bullion matter when selling?

[Anonymous No.25715722]

>>25712769
Yep, I picked up my silver today. I'm now fledgling panner

[Anonymous No.25715753]

>>25715722
damn still love those gold coins you got, especially the new Britannia

[Anonymous No.25715788]

>>25715753
I share you sentiment, I can't stop picking it up from time to time to take a look at it just once more.

[Anonymous No.25715816]

>>25715000
trips to help you stack

[Anonymous No.25715857]

>>25715000
checked. Also nice arrangement, going to be great pirate stash one day.

[Anonymous No.25715859]

>>25715469
Imagine the absurdity of this shit. They expect us to believe the price is falling and it's worthless and yet you can't buy the shit anywhere because dealers are having unprecedented sales and can't get any fucking inventory. God I just want them all to burn.

[Anonymous No.25715984]

>>25715140
The potential for capital flight into metals during and after this empire-destroying dystopian event would be unprecedented, I imagine. I’ve read that less than 5% of portfolios have any exposure to metals or miners. The number may actually be 1-2%. People talk about the moonshot potential for PM’s and mining stocks if this number were to double. But imagine if something crazy like 20%, or 50%, of investment portfolios gained exposure to this sector. It would be unfathomable. If the markets do what we think they will do, there could be hundreds of billions of dollars flowing into these miners. My palms sweat at the thought of this.

[Tall Stacker No.25715990]

>>25715534
Depends, is there any poop on it?

[Anonymous No.25716073]

>>25715857
>>25715816
Thanks anons, here's another view. There's 28 leaves, and lots of 90 % junk silver (french, belgian and swiss). I think I'll buy more leaves next week

[Anonymous No.25716137]

It is my opinion that the powers that be are slapping the PM holders hands while offering you unprecedented amounts of wealth gaining opportunities in BTC. They want to shake the weak hands and get any many people tieing up money into crypto as they can.

We are living in the largest financial bubble the world has ever seen so you better believe that there is going to be massive amounts of carnage. And it just looks to me like we are being led down a corridor to the slaughter house.
With this much debt, you are going to want your wealth close to hand. Now is the time to nail down everything you can.

[Anonymous No.25716139]

>>25714335
Fuck those bars look good. Wish I could get me some of those but the government niggers here charge VAT on bars but not on coins so coins it is.

[Anonymous No.25716245]

>>25714335
That's kino, although I hope you don't keep your stash in the open like that everyday

[Anonymous No.25716297]

>>25715000
checked, what coins/rounds are those?

[Anonymous No.25716425]

>>25709233
did you see those payrolls

[Anonymous No.25716545]

Is this a good coin to buy for a beginner? please no mean answers. That would be my first PM

[Anonymous No.25716559]

Anyone paranoid about posting their stack?
I don't have any precious metals but if I had I wouldn't post them as the government could find out about it and tax you or even confiscate them perhaps

[Anonymous No.25716572]

[Anonymous No.25716609]

I bought 21 average condition Morgans for 579. How did I do? Spot was almost 28 at the time. Years are 1879 to 1899 for half, the rest are mostly 1921. No culls really. Lowest weight was 26.4 grams. My two oldest ones look pretty shiny but obviously circulated.

[Anonymous No.25716636]

>>25714335
>Was not expecting these 100 oz bars to weigh 100 oz
Based and retard pilled

[Anonymous No.25716647]

or should I get this

[Anonymous No.25716674]

>>25716545
https://www.gold.de/aufgeldtabelle/
You can find the cheapest offers here but theres nothing wrong with your choice

[Anonymous No.25716694]

>>25715984

Yes, that is exactly what is going to happen. At the end of all things, $100 trillion in bonds and $60 trillion in stocks will all be running towards the real wealth. It is hard to imagine it, while all this depressing suppression is going on, but I don't see what other rational conclusion a person can come to, when he thinks through inevitable consequences of our financial system. I believe that the debt-trap, and rate of money-printing, mean that that final day is coming soon. And I believe that the authorities know it too, otherwise they would not have made such a desperate reach for power.

[Anonymous No.25716695]

>>25716674
thx

[Anonymous No.25716697]

>>25716297
Leaves for pure silver. Junk silver : , 5, 10 and 50 francs Hercules/Napoléon/Leopold, some 100 francs of the early 90's (my granpa bought some of those before he died). Every junk is 90%. That's 88oz of silver

[Anonymous No.25716835]

Already had GDX and today I bought GDXJ for the first time. Am I doing right?

[Anonymous No.25716846]

>>25716636
Kek

>>25716245
No, just took them out of their boxes for the pic, then into the safe they went along with the AGEs I got last week.

[Anonymous No.25716871]

Today the world’s gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within a baseball infield.) At $1,750 per ounce – gold’s price as I write this – its value would be $9.6 trillion. Call this cube pile A. Let’s now create a pile B costing an equal amount. For that, we could buy all U.S. cropland (400 million acres with output of about $200 billion annually), plus 16 Exxon Mobils (the world’s most profitable company, one earning more than $40 billion annually). After these purchases, we would have about $1 trillion left over for walking-around money (no sense feeling strapped after this buying binge). Can you imagine an investor with $9.6 trillion selecting pile A over pile B?

Beyond the staggering valuation given the existing stock of gold, current prices make today’s annual production of gold command about $160 billion. Buyers – whether jewelry and industrial users, frightened individuals, or speculators – must continually absorb this additional supply to merely maintain an equilibrium at present prices.

A century from now the 400 million acres of farmland will have produced staggering amounts of corn, wheat, cotton, and other crops – and will continue to produce that valuable bounty, whatever the currency may be. Exxon Mobil will probably have delivered trillions of dollars in dividends to its owners and will also hold assets worth many more trillions (and, remember, you get 16 Exxons). The 170,000 tons of gold will be unchanged in size and still incapable of producing anything. You can fondle the cube, but it will not respond.

Admittedly, when people a century from now are fearful, it’s likely many will still rush to gold. I’m confident, however, that the $9.6 trillion current valuation of pile A will compound over the century at a rate far inferior to that achieved by pile B.

- Warren Buffett

[Anonymous No.25716895]

>>25716835
Yeah thats fine but buy physical first

[Anonymous No.25716934]

Silicon Valley Jews banned Trump after the markets closed to so that the news wouldn't cause gold valuations to sky rocket. Absolute bullshit.

[Anonymous No.25716949]

>>25708701
Bitcoin 41k, gold and silver absolutely crashing again .. it’s so fkn tiring

[Anonymous No.25716964]

>>25716647
Does not matter that much, but you might find the Britannia easier to resell in Europe than the leaf.

[Anonymous No.25716979]

>>25709002
he was always a fraud and now he’s a traitor

[Anonymous No.25717041]

>>25716545
>>25716647
Judging from the text on your screen you're either in Germany or Austria. I don't know what the market is like over there, so I can only guess, but my advice would be to buy whatever is closest to spot and is recognizeable to most buyers. A Gold Vienna Philharmonic coin might be easiest to sell when the time comes since it would probably be more recognizeable to buyers there and more people would be willing to pay a premium for it when you sell.

[Anonymous No.25717068]

>>25710475
kek who will take delivery of gold paperweight

[Anonymous No.25717120]

>>25716871
>buys Barrick

[Anonymous No.25717136]

>>25716871
Warren Buffett also tells people to invest in S&P index funds because stonks go up. Obviously compound dividneds on farmland will outperform holding a commodity over time. But there is no way for a normal person to invest in farmland. And even if you bought stock in an ag company, you have the capital structure to worry about. Farms default all the time. As a class they are so shit that bailing them out is pretty much the biggest part of the US government. To my knowledge gold has never defaulted in its history. And that's without entering the absurdity of comparing a fungible asset with the single most unfungible and illiquid asset class

[Anonymous No.25717159]

>>25708701
Did JP Morgan really crash this plane?

[Anonymous No.25717184]

>>25716871

>frightened individuals

Never understood why Warren Buffet always told this lie. His father understood the purpose of gold perfectly.

"Human freedom rests on gold-redeemable money. When you find that Lenin declared and demonstrated that a sure way to overturn the existing social order and bring about communism was by printing press paper money, then again you are impressed with the possibility of a relationship between a gold-backed money and human freedom."

“The subject of a Hitler or a Stalin is a serf by the mere fact that his money can be called in and depreciated at the whim of his rulers."

"So far as I can discover, paper money systems have always wound up with collapse and economic chaos."

"When the people’s right to restrain public spending by demanding gold coin was taken from them, the automatic flow of strength from the grass-roots to enforce economy in Washington was disconnected."

"With a restoration of the gold standard, Congress would have to again resist handouts. Congress would be forced to confront spending demands with firmness. The gold standard acted as a silent watchdog to prevent unlimited public spending."

"The paper money disease has been a pleasant habit thus far and will not he dropped voluntarily any more than a dope user will without a struggle give up narcotics. But in each case the end of the road is not a desirable prospect."

"I can find no evidence to support a hope that our fiat paper money venture will fare better ultimately than such experiments in other lands. Because of our economic strength the paper money disease here may take many years to run its course. But we can be approaching the critical stage. When that day arrives, our political rulers will probably find that foreign war and ruthless regimentation is the cunning alternative to domestic strife. That was the way out for the paper-money economy of Hitler and others."

[Anonymous No.25717231]

>>25716871
Also Brk has managed to under perform everything else. Paying someone to take care of a rock for you was a better investment than brk since inception
>>25716979
He's actually just retarded

[Anonymous No.25717233]

>>25713168
Unlikely

[Anonymous No.25717277]

>>25717159
41.5k bitcoin
Gold dumping
Silver dumping ($25)
They made their choice, we got stiffed

[Anonymous No.25717281]

Weird how the charts always work out. Expected a backtest just like when silver broke out. Bought the dip hard today, and platinum miners who got dragged down too. have a little remaining cash ready in case we drop more next week. I really hope we do, it'd be a dream to be able to fill up the 2021 Tfsa limit on a backtest lol

[Anonymous No.25717304]

just got unbanned for posting that schiff daily dose gif. whats up niggers

[Anonymous No.25717418]

>>25717304
Comfy as always

[Anonymous No.25717536]

>>25710125
>I'd say we're going back to $300-$500 range
Jesus I hope so
I’ll live my dream and amass me a dragon hoard of gold coins and swim around in it like Scrooge Mcduck
Don’t give me hope Anon

[Anonymous No.25717606]

>>25710125
post short position

[Anonymous No.25717615]

Did the cryptotards really win guys?

[Anonymous No.25717662]

>>25715984
>less than 5%
Because it's too early? Everyone else is earning x00% returns, while /pm/ waits. Frankly, even if stock market crashes 50% instantaneously, I think plenty of people would be ahead compared to Jan 2020

[Anonymous No.25717744]

>>25717615
Plenty of gold guys are crypto guys like Maloney, Raoul Paul, Stoeferle. Pmg mostly listens to Schiff though so yea a lot of guys got justed. It's what you get though.

[Anonymous No.25717826]

>>25717744
I thought PMG said raoul Paul was an idiot for dumping his gold at 1900, to buy bitcoin at 19k the other month?

[Anonymous No.25717851]

>>25710914
I like him, though I think he could do with toning it down a little bit. Not sure why he doesn't talk about miners much, going to give his book a read.

[Anonymous No.25717852]

>>25717826
>raoul Paul was an idiot for dumping his gold
fixed

[Anonymous No.25717891]

>>25711118
I don't think you're reading that chart right. Also just looking at the state of /pm/ - good is as speculative an asset as crypto. Nobody here cares about golds practical applications, everyone just wanted to store the value and profit from crisis. Gold is a much a bubble as the rest of them, and if crypto does supplant gold as store of value instrument in zoomers (and it did), then gold is simply on it's way out. Not today, not tomorrow, but 5 years from now gold very well may be $300/oz again.

[Anonymous No.25717899]

>>25709044

kek, i got banned for posting this on pmg last time.

>those perfect milkers tho

[Anonymous No.25717912]

cryptoanon was right

[Anonymous No.25717952]

6 more months to report from Blue Lagoon
>It's important to note that the report does not include data from the 2020 drill program which consisted of an additional 26 drill holes totalling 3,786 meters. The Company will update the resource estimate once analysis of the data from the 2020 drill program and the upcoming 2021 drill program has been completed, expected in the second half of 2021.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2710-cse/bllg/90727-blue-lagoon-s-2020-drill-program-confirms-boulder-vein-open-at-depth-and-extends-further-to-the-east.html?utm_source=newsletter_1017&utm_medium=email&utm_campaign=junior-mining-brief-for-date-b-j-y

I have no expertise to interpret the data from today's report.

[Anonymous No.25717975]

>>25717744

Maloney by his own admission "isn't a goldbug" and gleefully talks about dumping his miners and metals on people before the price completely collapses. He doesn't appear to understand that it won't be like the 80s this time, and that this is going to be the last PM bull market.

Alasdair Macleod is the most respected PM analyst you can find, even more so than Peter Schiff, and he has stated on numerous occasions that BTC will go to zero the second fiat collapses. You can find this in both his Tweets and Youtube videos. DesoGames, Peter Spina, and Rob Kientz, are also categorically against cryptocurrencies. Naturally, because they used to be involved in them, and now understand what useless frauds they are from deep knowledge and personal experience. Andrew Maguire only believes in gold-backed cryptos.

>>25717615

It's impossible for the moonboys to win in the end. They _will_ lose everything the second the dollar collapses. If and when the cryptos crash before then is the question. As the central banks are pumping the cryptos, the tether ponzi may carry on for a while yet. Or the moonboys may get prematurely rugged--we simply don't know. But I will never buy or support an immoral ponzi scheme. I will stick to mining stocks and I shall reap my inevitable reward.

>>25717826

If somebody sold gold to buy Tesla at a 1,100 P. E. ratio, and then it climbed to 1,300, he wouldn't be an intelligent investor.

[Anonymous No.25717994]

>>25712206
>fresh OC
c u t e

[Anonymous No.25718035]

>>25717826
What a sweet trade that was. But trading physical gold for btc is very questionable as they have different purposes in a portfolio so he's an idiot in that sense, but he's beyond rich and knows his risks. For crypto like returns we have junior miners.

[Anonymous No.25718138]

>>25717826
You can replace stocks in a portfolio with crypto and bonds with PMs. And they both do better than what they replace and are better anti-correlated.
Makes a portfolio really easy to manage since its just BTC and Gold with small toy holdings in altcoins or silver/platinum/etc.

[Anonymous No.25718156]

>>25717891
yeh so Bitcoin has a fixed Transparent supply, fixed transparent inflation . Metals don’t that’s the issue, nobody knows how much is mined everyday and then dumped on the market. The higher the price of gold goes the more mines open, the better the tech advances the more gets pulled out of the ground = Endless inflation, seems destined to crab well in the next 1000 years at least. Feel kinda dumb for missing bitcoin lol

[Anonymous No.25718281]

>>25718156
Tether might be just cryptofiat, basically backdooring a lot of what BTC claims to avoid: fractional reserves and transparent underlying supply.
The second problem is that its a deflationary currency with unknown deflation. It is impossible to know how many coins are just lost forever to bad, lost, stolen, or damaged hard drives. No one is ever going to want to use their bitcoins which makes it useless as a currency. Then what is its point?
>blockchain
Very cool stuff, but not unique to BTC. Dogecoin is literally identical to BTC in everything except name.

[Anonymous No.25718297]

>>25718156

>yeh so Bitcoin has a fixed Transparent supply, fixed transparent inflation . Metals don’t that’s the issue, nobody knows how much is mined everyday and then dumped on the market.

This is like putting dirt in a pretty box and calling it equivalent to precious jewels. There is no intrinsic economic value in Bitcoin, it's going to zero the second it can't be pumped. No nation will take it after the reset. Can't even be used as a currency, it's a joke.

>Feel kinda dumb for missing bitcoin lol

Could reword this to apply to any bubble, it's meaningless.

>Feel kinda dumb for missing Tesla lol

It would be quite as insipid for a Tesla moonboy to come in here and explain to us what we missed by not buying Tesla.

Some mining stocks are up more than either Tesla or Bitcoin on the year. Mining stocks are for speculation, not gold. Gold is a safe haven.

[Anonymous No.25718351]

>>25718156
>Bitcoin has a fixed Transparent supply, fixed transparent inflation . Metals don’t that’s the issue,
Does anyone really care? We have been in the "narrative economy" for the past 70 years at least. It doesn't matter who has better product, what matters is who has better story! Bitcoin is new, exciting, booming... While gold is for boomers who can't into new tech.

[Anonymous No.25718359]

Just drop 50% pf what I have in Kirkland Lake Gold (KL). Will I make it?

[Anonymous No.25718362]

>>25712769
just received this shipment of PMs today
stacking lead and brass

[Anonymous No.25718453]

>>25718359
You should be golden no pun intended

[Anonymous No.25718473]

>>25717852
This. Keep the gold and just shell the fuck out for BTC.

[Anonymous No.25718516]

>>25708701
I’m honestly convinced that BTC has beaten miners

[Anonymous No.25718626]

>>25717975
What's the point of holding miners if you're never going to trade for real assets in the end? Even if we sustain high real value and purchasing power in PMs, there will still be a blow off top extreme overvalue phase, that's simply market psychology, and Maloney and others want to be sellers there.

With regards to everything else, yes I follow those people and they could be right about bitcoin going to zero or this being the last pm bull market, but under my own analysis the certainty of the events isn't nearly as high and so I'm hedged and it's payed off well. It's just too far down the chain of uncertainty for me to express for certain that bitcoin goes to 0 within my portfolio allocation. Reasonable people can disagree. At least we can agree on junior mining speculation.

[Anonymous No.25718751]

>>25718362
9mm is weird size for coins, although I heard they are very fast at delivering freedom.

[Anonymous No.25718752]

>>25718297
>There is no intrinsic economic value
Thanks to all the gold bugs, banks, GLD, jewel morons, etc gold is trading well above the "intrinsic value"

[Anonymous No.25718790]

Bros is anyone else feeling the extremely weird energy in the economy right now? I have this feeling that I can't shake off that the Big One (tm) is coming very soon and very fast. Never felt this before and I've followed central banks and PMs for 5 years now.

[Anonymous No.25718825]

>>25718156
>The market has to know the exact number of something that exists in order to price it
You truly can't be this stupid

[Anonymous No.25718865]

>>25718156
>nobody knows how much is mined everyday and then dumped on the market.
wrong, it's very easy to find clear numbers for both updated every month
>The higher the price of gold goes the more mines open
wrong, you can't imagine how hard and long it is to have all the permits and authorizations to start to mine, not even speaking about the immense cashflow required to start an operation. If gold moon now, at the very best a new investor diving into the industry can hope to start to mine 5-7 years down the road.
>the better the tech advances the more gets pulled out of the ground
Half truth, techniques are already very advanced, the best we can hope for is better veins' detections via new echoes systems. The truth is humans are in the mining bizz since 5000 years and unless you go ass deep into the ground, most of it already have been recolted.
Not only that, but since the deep Kola's borehole datas, we understood our speculations about earth crust was totally wrong : dig barely 7-8km deep and you end up in an endless ocean of super hot molten rocks due to the insane pressure. Even though it was confirmed gold was accounting for 1g/t below 10km deep, it's literally impossible to get it anyway since it destroy the material so fast (i believe the ruskies had to change the drill head every few meters at these depths).

What's is notable though is they found shitloads of diamonds, but not a single gram of silver. Because silver is a metal who somehow aggregate very close to the surface but is almost nowhere to be found deep underground. So if you want to avoid potential inflation due to new drilling technics, invest on silver instead, it's pretty much guaranteed we already mined over 90% of what the planet had to offer us of Ag, and the production get destroyed by the industries at a way faster rate than gold.

>Endless inflation, seems destined to crab
Not necessarly. In a human society in expansion, it's vital for a currency to expand at a somewhat similar rate

[Anonymous No.25718897]

>>25718825
He has a point, if I’m putting big money in something those are things I wanna know

[Anonymous No.25718902]

On a side note, not for continued discussion:
Google just banned parler from the app store. Seriously consider dumping gmail for other platforms. I'm sure you're already using privacy search engines.

[Anonymous No.25718905]

>>25718626

>What's the point of holding miners if you're never going to trade for real assets in the end? Even if we sustain high real value and purchasing power in PMs, there will still be a blow off top extreme overvalue phase, that's simply market psychology, and Maloney and others want to be sellers there.

It's something about the tone that I don't like. He sometimes talks as if metals are going to enter into an enormous bubble, from which they will tremendously collapse, just as from '84 or '11 onward. But if this is the last PM bull market, then that isn't going to happen. There won't be a need to rush out and get rid your silver as fast as you can. It won't spike to a 1:15 GSR and then crash down to 1:60 a few months later. It will simply become money again. Miners are somewhat different, since they have depleting reserves, but even there, I don't think that the fall will be as remarkable as after previous bull markets, since the underlying assets will retain their purchasing power. I think that his lack of thinking through the ultimate consequence of all this is why he is sympathetic to BTC. He doesn't look far enough to see that, once you don't have fiat any more, BTC is completely without a purpose. Alasdair Macleod is much more prophetic.

>>25718752

Not in the slightest, go look at the Dow:Gold ratio (16:1) or the House:Gold ratio. The economic value of gold is immeasurable, especially since gold never corrupts, but the chief value of gold is the power of creating economic prosperity. >>25717184

[Anonymous No.25718910]

>>25716609
>>25716609
Bump

pls respond

[Anonymous No.25718942]

>>25718897
>You expect me to buy this tonne of iron?! You haven't even told me how many tonnes there are in the world at this exact moment!

[Anonymous No.25718983]

>>25718897
It doesn't really matter how much of something exist. It mostly matters how many people are willing to sell (at each price point)

[Anonymous No.25719012]

>>25718942
I kek’d irl

[Anonymous No.25719287]

>>25708701
Another day. Another precious metals spoofing news.
https://www.bloomberg.com/news/articles/2021-01-08/deutsche-bank-said-to-reach-100-mln-deferred-prosecution-deal

[Anonymous No.25719327]

>>25719287
130mm. Crime sure pays

[Anonymous No.25719385]

>>25718790
I feel it and it's making me fucking nauseous. What scares me is that the markets are so irrational that this could go on for many more months.

[Anonymous No.25719544]

>>25719287
Disgusting. 100 mil for bank is nothing.

[Anonymous No.25719547]

>>25718905
>The economic value of gold is immeasurable
Dramatic nonsense aside
>especially since gold never corrupts
That may be important in some applications, but better (lighter, tougher, etc) alternatives have been found for most everyday use
>but the chief value of gold is the power of creating economic prosperity.
The what now? That's some next level crazy

[Anonymous No.25719562]

>>25718790
>>25719385
>>25718902

4chan might not be around might longer. Most conservatives are now purged from Twitter, including Trump. Kiwi Farms just went down a few minutes ago. Even sites like TheDonald are getting taken offline. This coup is happening extremely quickly.

[Anonymous No.25719568]

Signing up for parler now and it is absolutely shitting the bed. Google just Streisanded

[Anonymous No.25719571]

>>25718156
>Bitcoin has a fixed Transparent supply, fixed transparent inflation
You know what else bitcoin have?
No use. Beside being a gambling of the greater fool token.

What else?
No intrinsic value. How much costed the creation of one BTC? Nothing, but typing few code lines. Meanwhile PMs cost huge amounts of human labor, oil, chemicals and complex machines to produce each ounce of a finite ressource.

What else?
Immediate obsolescence. The tech is already dino-tier compared to what is out nowaday. Beside wasting resources to mine, it achieve nothing.

What else?
Ad infinitum replicability. All you buy with a bitcoin is the name. Literally nothing more. Everyone can achieve a clone in few hours. It's peak beanie-babies. What guarantee have you another coin will take it's spot at any given point?

What else?
The tacite support of the central banks, for now. Don't you find it odd all the system get behind a tech who was initially supposed to be anti-central banking? The reality is we are in late stage of systemic implosion of the banking sector. Central banks needed a way to divert people from accumulating wealth, and they found the perfect diversion with both the stock market and shitcoins. They are patting themselves in the back to see all the worthless fiat they are injecting to the system end up being swallowed by a literal digital nothingburger, instead of hordes of taxpayers rushing limited resources such as gold or silver, or others commodities at this point.
(((Their))) goal is to keep us poor, and if they manage to make us feel rich owning digits on a screen so we don't chase real wealth, that's even better. Because at any time any day, they can stop the show and all the 'crypto riches' will hit the reality-wall : you OWN nothing goyim!

[Anonymous No.25719599]

>>25718790
>>25719385
>>25718902

4chan might not be around much longer. Most conservatives are now purged from Twitter, including Trump. Kiwi Farms just went down a few minutes ago, and that's simply a free speech site, not a pro-Trump site. Even sites like TheDonald are getting taken offline. This coup is happening extremely quickly.

[Anonymous No.25719609]

>>25719544
Yeah... Fuck that, where are the criminal charges? It's practically grand theft, what in the actual fuck. This kind of bs shows who is in charge

[Anonymous No.25719662]

>>25719562
this is the media blackout/internet shutdown that was predicted
remember,.. "they" never intended for the unwashed masses to have access to free uncensored worldwide information exchange and communication like the internet

[Anonymous No.25719670]

>>25719287
Reminder they can only spoof as long as they can keep delivering physical metals to those who demand it.

How many millionares in the States are getting ready to pull cord demand physical delivery? I guessing far more now.

[Anonymous No.25719673]

>>25719599
Parler is going to be a top 100 site in the US by the end of the month. Unless they cave in which case expect a massive move by russians to make the weird distributed social networks like dispora available to normies

[Anonymous No.25719732]

>>25719670
>spoof
Doesn't spoofing mean spamming and then cancelling orders to fake volume without any actual trades?

[Anonymous No.25719734]

>>25719599
If 4chan went down I dont know how I would live. It's like uploading my brain to a hivemind consciousness of all the most cutting edge information unfiltered. Bitcoin, Trump, coronavirus, every time 4chan became experts in these things before the world had time to put on its pants. Without that source of information and camaraderie, I'm just one man.

[Anonymous No.25719780]

>>25719670
Didn't they literally crash the gold & silver price in November last year prior to delivery so that people can't get their physical metals delivered?

[Anonymous No.25719801]

>>25719780
>prior to delivery so that people can't get their physical metals delivered?
How does that work?

[Anonymous No.25719804]

>>25719732
Yes. Comex is pretty much all bots so when you do this at just the right time, which they know since they are already executing half of the trades, all of them dump collectively

[Anonymous No.25719831]

I am excited to join parler some time next month when they scale up servers or go p2p
>>25719780
No they did it so options were otm.

[Anonymous No.25719861]

>>25719804
But then what does spoofing have to do with physical deliveries? If there are no actual transactions resulting from spoofing - there is nothing to deliver?

[Anonymous No.25719882]

>>25719734
no problem. it might well be the catalyst we need to push us towards a real solution within each and everyone of us, in the real world around each one of us

Jordan Peterson says, start with yourself. fix yourself, fix your room, fix your house, fix your family. fix your personal business and [personal relations first,..
then go out to the next sphere in the world and participate in adding value and participating in good in the world form your own private place in it

what if every person in the world stopped rith not. turned off the internet and the tv, went outside. and did the best they could to live well and good with others in there immediate sphere?
if everyone did that, we could be fixed the world

[Anonymous No.25719888]

>>25719831
B-b-b-but that's cheating!

[Anonymous No.25719902]

>>25719831
So it only affects futures options by forcing them out of the money, but not really futures itself? People can still ask deliveries on their gold futures?

[Anonymous No.25719932]

>>25719599
Are they trying to incite a massive societal uprising? Every little poke with the stick is just stirring the sleeping giant (a desperate populace) a little bit more. We are truly living in a closed society, much like the Soviet Union, despite everyone having internet access, telephones, and social media. Bewildering world we live in right now.

[Anonymous No.25719951]

>>25719882
Isn't that the guy that was addicted to benzos and had to be sedated because he couldn't handle the withdrawals?

[Anonymous No.25719955]

>>25719801
It doesn’t it’s cope, we are just buying bags as miners unload endlessly and gold and silver inflation is so much higher then claimed

[Anonymous No.25719958]

>>25717184
Unfathomably based.
Gold & silver = freedom
fiat currencies = slavery
We all are slaves in the current system, and the veil is finally lifting on our condition since the (((elite))) agenda for world domination is getting so blatant by the day, they are getting more arrogant about it, now they -almost- entirely reached their end goal : a worldwide communist NWO, united under the ruling of a tiny supra-elite and serving the unique master : the Synagogue of Satan, who can steal, murder and cheat at will. Where the propaganda is so constant, so deeply seeded in the minds that it became an absolute religion impossible to contest. A conspiracy so vast, so monolithic, so ancient, so evil it defy the mind of 99.99% of the global population.

This is the reality we live in. Literally matrix-tier level. And here we are, few resistants with our shiny rocks. Holding a gold or silver coin is literally a revolutionary act at this point :
>I refuse this clownworld, i went out of your demiurgic fake-reality grotto, and now i remember what was always valued to measure the freedom of men : willpower and PMs.

FUCK NORMANS
FUCK KIKES
AND FUCK SHITCOINS

[Anonymous No.25720002]

>>25719951
Sadly yeh. The guy for mental health was/is on benzos and ssri’s to cope, go figure

[Anonymous No.25720017]

>>25719861
It doesn't, but gold and silver prices are inflation expectation information themselves. If they go up, people that weren't concerned at 2% inflation buy because they are at 3%. They are short metals so they have to prevent such rapid price rises. Problem is they just pushed gold into backwardation today so every Euro is going to be calling them up for their discounted delivery.
>>25719902
Every futures contract is deliverable in the quantity of the contract spec, give or take the realities of the bar. ie all comex contracts are good for 1 comex gold bar. The contract is the price per ounce of that gold bar, which is 100 ounces ish. So if you buy a contract with the intention of taking delivery, you don't need to pay anything other than shipping to get your gold. By knocking the price down, bullion banks can buy contracts which net out their short positions on the comex clearinghouse so they don't actually have to deliver as much metal. Spoofing allows them to net out more short positions per dollar than they otherwise would

[Anonymous No.25720028]

Paging baker-sama

Please fire up your oven

[Anonymous No.25720097]

>>25719882
>Jordan Peterson
don't shill this absolute shabbo goy here, he's a filthy kike-supporter, his 'rethoric' is absolute shart and all he shill for is absolute compliance and subordination.

[Anonymous No.25720118]

>>25720002
>>25719951
you think life is a game?
you think heros are happy?
living red pilled is enough to make any one depressed and on meds.
but he pulled out of it and hes an intelligent, articulate person

[Anonymous No.25720183]

>>25720097
>all he shill for is absolute compliance and subordination.
not really. hes one of the few academics to speak out against this present communist clown world agenda
i don't like how he supports bill gates, but he is against most other clown world progressive agenda crap

[Anonymous No.25720192]

>>25720097
He singlehandedly brought Jung back into the world before the habbening. Look at him like you'd look at Freidman

[Anonymous No.25720358]

>>25710457
I look forward to more gregposting

[Anonymous No.25720366]

>>25720118
>imagine thinking jordanberg is redpilled while he promote the juden gang of neurotic projectionists like otto rank, freud, adler or klein

[Anonymous No.25720381]

Serious question about physical. If you have to pay 10% over spot to buy and take a 5% discount to sell, isn’t that an expensive investment from day 1?

[Anonymous No.25720385]

baking

[Anonymous No.25720441]

>>25719955
Double double
You must be a leaf

[Anonymous No.25720478]

>>25720381
Buy in bulk you can get closer to spot
Also spot price is paper silver not physical
And dealers need to make money somehow
Idk what you want to hear

[Anonymous No.25720503]

new bread

>>25720481
>>25720481
>>25720481

[Anonymous No.25720506]

>>25720381
Yes, you're paying more for holding something physical vs paper saying you hold something. How much that's worth is up to you.

[Anonymous No.25720554]

>>25720118
redpilled and inspirational
coping out of control on meds, too weak to stop
pick one

[Anonymous No.25720721]

>>25716871
Whats this absolute bollocks coming from warrens mouth? Is he naive enough to think those profits denominated in a fiat currency will never lose purchasing power? Is he naive enough to believe profits go unchanged and stocks always go up? fuck me