/biz/ - Business & Finance

First for renewable energy is the future

>>49296273
It's going down boys.

>>49296273
/pmg/ memecoins have taken over 3k oz out of the comex alone

https://twitter.com/AtlasSaltInc/status/1528416990989365249

>>49296357

>>49296509
Based solarbro. We're saving the planet, one landfill at a time

Why don’t they just mine more silver?

Renewables are still better than most fossil fuels because they don't release into the atmosphere. Anyone telling you otherwise is a paid oil shill.
Besides, there's more to renewable energy than just solar panels and wind turbines.
Regardless, why would you not want to be in control of your own energy supply? You might even get subsidized for it which is a net benefit.
Either way the renewable discussion doesn't belong in this thread and it's retarded you brought it up here. Especially when precious metals are used for most renewables.

>>49296901
>Either way the renewable discussion doesn't belong in this thread and it's retarded you brought it up here.
damn newfag, thanks for letting us know what we're allowed to talk about here

>>49296769
The silver mines are dry. Most of it is a byproduct from mining other metals.

>>49296987
I know this quaint little mine in Oregon..

I have:
Atlas Salt
Petrus Resources
Vermilion energy
guanajato silver
silver one
impact silver

Rate my folio.

What do you recommend to add specifically in natural gas and nuclear?

>>49296901
>Renewables
He still thinks solar is renewable

>>49297304
The man wears a cowboy hat. And it's two more weeks till production.

>>49296987
not quite true, we know where millions of ounces of silver are sitting right now, there are a dozen silver belts sitting around with little exploration going on. The issue is right now its not economically viable to bring these old abandoned projects to market, how long this remains the case is up for debate as now copper mining is starting to become more of a challange, silver as a by product of copper production will decrease.

There are still a number of primary operating silver mines in North America too, their just far smaller and less discussed than the super pit style operations.

is yamana being bought good or bad for yamana holder

>No bayhorse in the OP
Neck yourself you fucking shill motherfucker

>>49296901
>it's retarded you brought it up here. Especially when it's directly linked to what we discuss in these threads
based retard

Keep saving the planet by outsourcing your oil cosumption to the people who mine and build your faggy windmills

Which companies would you guys recommend looking into in coal, natural gas, and uranium?

>>49296901
Also
>why would you not want to be in control of your own energy supply?
I would love to be, but gov regulations wont allow me to build a small nuclear reactor I can use to power my entire town for pennies because they dont profit from it and they're too busy laundering money through their (((renewable energy))) schemes.

>>49298273
Trillion. Has a decent dip rn.

New schiff podcast.
https://youtu.be/wT4dhjItL08

/smg/ is retarded, I figured out something important. SOFR futures are what banks/hedge funds use to hedge the risk of repo rates changing when they use the treasuries/cash for collateral. If you enter into a 3 month contract selling a bond future, and expect to use overnight rates to finance this, you will need to hedge 3 months of SOFR rates, so you buy SOFR futures, one for each repo operation that expires on each day.

Knowing this, we can determine the volume on the SOFR contracts can tell us how long market participants expect to be rolling these repo transactions for. Because repo is net negative, the fed is selling bonds overnight not buying, that means market participants need to hedge by buying SOFR contracts. Right now volume is spiking on the three month contract hard, meaning banks expect to be rolling these RRP’s for at least 3 months.

>>49299431
So the takeaway here is that SOFR can be used to forecast how long a market trend could last?

Excuse the plebbit language. But the comex lost 10% of its register silver these last two days.

>>49300293
Also at current rate the comex will be completely drained within a year or 2

>>49300293
Does that mean whales are removing supply from the exchange, for fear of hard times / a run?

>>49300293
why do theu call themselves apes? why are they so gay

>>49296273
My blue lagoon bros, my irving bros, i havw great news, i sold my positions, they will now release good drill results and skyrocket past previous highs, make it for me lads. I'm out of stocks for a while

>>49300432
To subvert reddit. WSS was a /pmg/ colony as far as I see it. I think it's kinda cringe but idgaf. If they can go under the radar and convince normies of sound money and draining the comex then I won't fight them.

>>49300059
You can use it to pinpoint how how much of the RRP treasuries are being sold against. If the feds average duration on their bond portfolio is 10-years, that means funds are essentially locking in their 0.8% repo rate and selling the long end of bonds over that time

>Months of 0% daily movement, because lol frozen assets
>Suddenly notice a 0.20% uptick on Russian equities I was holding
Is it time?

>>49300432
Animals are used extensively in finance: bears, bulls, dead cat bounce, crabs/kangaroo markets, iron condors, butterflies, etc etc
I think Apes is to be like caveman speak, like
>"Me no think, aped into [position]. Simple as."

>>49300529
Thanks for your service. Why are you selling stocks in mining companies when it's low. Right now sentiment is low and is the time to accumulate like crazy. What will you be doing with the cash?

>>49300672
Say, what do they do with all that soil and dirt from open pit mining anyways? Landscaping/aggregates?

>>49300529
Not adding for now, keeping my paycheck in cash, it feel like something is coming very soon

Cheapies ? yay

>>49300725
you have to store it somewhere, usually in huge waste piles. during remediation work, it usually ends up rounded off into hills and planted for grass / what ever locally grows.

The pit usually ends up becoming a monitored lake, and any drainage from the site ends up getting processed to stop ARD from entering the environment.

>>49297497
First three are good, Guanajuato is a growth story that might work out but they're bleeding cash right now. Last two are pretty bad. All imho
>What do you recommend to add specifically in natural gas and nuclear?
Petrus and Vermilion already have nice exposure to natgas, most of Petrus' energy mix is natgas and Vermilion gets about 40% of their funds flow from natgas. Maybe check out Trillion or Chariot if you want more natgas exposure though. For uranium, check out Denison and Nexgen.
>>49296901
masterful bait

>>49300529
Rolling for financial success

>>49296699
checked
also if/wen silver moon there are gonna be gangs going around and ripping these into trucks in an organized manner just to get the metal out
so now electricity will be shorter along with silver.

>>49300345
at the current rate of the last week comex will be drained by september
but i wouldn't expect anything to stay the same...
clown world is changing things fast

>>49300432
see >>49300630
along with the fact that WallStreetBets on plebbit has used the language for a while
/r/wss was pushed to its own sub coz mods on WSB wouldnt let any silver discussion there.
its also a jab at WSB being a bunch of bonafied fagtards

>>49301955
It could slow, bit it could also accelerate.

>>49296901
Lol, what are you 8?

>>49296357
>>49296509
Based, the land fill business is always booming.

>>49301934
>Half of CA is just a giant solar battery
>Solars have a good 200m buffer from their fences
>Anyone who hops the fence gets shot on sight for "endangering the nation's infrastructure and electrical supply"
>This is the green future liberals wanted

>>49297984
Buying a Yamaha has definitely been good for me. It has been dead reliable the whole time I have held it.

It's time for basedhorse to moon

>>49299234
Has he had anything new to say recently or is it still calling out the fed/politicians for being responsible for inflation, and whining that the market doesn't "get it" because his gold stocks are down?

>>49296901
>not intelligent enough to be a bait post
You would have a point if aliens dropped off unlimited solar panels to us for free, but here in reality every wind turbine, battery, and solar panel requires an immense amount of mining, extremely dirty Chinese manufacturing, and carbon burning global shipping and then landfill storage.
Then the power grid needs to build out 80% backup of all renewable energy sources with natural gas and coal because clouds exist and wind doesn't always blow so you save nothing.
What we really need is a shitload of nuclear power and then some way to store excess.

>>49296273
None of this matters. The Jews will continue to spoof the market and you faggits won’t do shit about it

>>49303050
>Not wanting to inherit the machine

>>49302990
Using nuclear to power an electrolysis reaction in order to make hydrogen could work. Only needs to be stored in tanks or underground. And it would be green so the crazies would appreciate it too.

I bought one share of GUSH today. I will buy another share everytime it is red.

Is this going to bite me in the ass or what

Guys what is your plan to play the commodity market and the upcoming economic doomsday?

>>49304325
Physical rice, beans, and water.

>>49304490
>storing physical water
Do y'all think rivers are going to randomly dry up because the fed printed money or something?

>>49304596
I'm not paying my utilities bill

>>49304490
Not a big fan of water.
Great liquidity but doesn't stack for shit.

>>49302922
wonderful, just the information i was looking for

>>49304929
Hell yeah brother. Which model Yamaha are you looking at?

>>49304490
3 to 6 months of canned food + pasta/rice and water stacked, anything else is overkill since i'm a city faggot

>>49304325
picrel for my miner. Have 500oz silver in case everything goes to hell. 10 concentrated position for this leg-up. Will sell then diversify to 20+ if we moon hard enough for this first move.

https://www.mining.com/web/two-fires-hit-key-copper-projects-in-peru-amid-protests-sources/
Peru isnt getting any better for mining is it?

https://www.mining.com/egypt-awards-eight-new-exploration-licences-to-foreign-miners/
Egypt sounds like it will be a very interesting place for exploration in the near future!

>>49306376
Egypt has also been handing out concessions for oil & gas companies. Seems like they're really trying to get some stuff done, we'll see where it goes

>>49306707
they really switched out from state backed operators to a more open concession system and i like it!

can someone explain to me what op means? or give me a link to the thread?

>>49306862
lurk moar

>>49306862
It means this is a redditor thread full of dirty Reddit users that need to lose more money before they learn that Reddit sucks

>>49296379
Once the registered gets low enough I fully expect the commercials to go long and assrape the specs like they always do.

>>49306862

See >>49296379
Basically that once that green line gets low enough, the collective theory is that the manipulation of silver prices should break and silver will reach its fair market value.

>>49306862
Registered silver is what is available to be delivered, the thought being if it gets low enough there will be a happening since industry needs silver.
Check out rhodium historical price chart for what can happen when an industrial commodity gets scarce.

>>49296901
Howuch oil did it take to gather the materials for those turbine blades, send it all to Colorado, manufacture the blade, send the blade to Iowa, and then seven years later dismantle the blades and send them to Texas to be buried by giant bulldozers and excavators? And then we have to do it all over again. Does wind even produce a net return on energy investment?

>>49308792
>the thought being if it gets low enough there will be a happening since industry needs silver.

>industry straight up buys all its silver from the comex

you guys are cute

What the actual fuck is oil doing? Embargo passed and China is reopening. Loses 7% in 48 hours.

>>49309883
(117.6-13.7)/117.6 = .033
It's 3 percent dude. Zoom out.

>>49310020
$120 to $111.64. Pay attention to your chart.

>>49297984
I sold mine today. Getting Gold Fields shares is OK, but that company isn't so exciting to me so I'd rather hold some other things that I think have higher alpha.

>>49308950
Anon please dont tell me you are just discovering how ESG and green energy is a massive scam
Hell Im almost wary of holding uranium because of how many players are in the oil industry

>>49297745
>The sun isn't renewable

>>49305216
This one is pretty nice. P & J pickups as well as 24-fret scale.

>>49310030
Yeah if you pay attention to the daily chart.
The weekly and monthly look fine.

I wonder wtf is going on in the futures market though.

>>49296509
Tornado?

Anyone link me to information where I can learn about refinery margins and cracking spreads?

>>49309883
The PPT got the Saudis to start babbling. Accumulate.

>>49310139
>solar energy converts itself into electricity for us

>>49310139
>Polycrystalline Silicon flows abundantly from the rivers and streams in gumdrop land.

>>49310139
He's talking about solar energy. The amount of energy required to produce a serviceable panel (mining, processing, transportation etc) outweighs the lifetime energy generated by it.
Also the sun technically is not renewable but that's arguing semantics

>>49296901
Nuclear actually creates power and is "green" , litshrealli

>>49310139
According to the Second Law of Thermodynamics, nothing is renewable.
>tRuSt ThE sCieNcE

>>49310642
I've actually heard nuclear is a net energy loss because of the amount of energy it takes to enrich it; I think oil itself was more energy dense than uranium, but it gets consumed much faster.
Or something like that. I haven't researched it that much. I just want free tendies

May the FORSYS be with us.

>>49309883
>What the actual fuck is oil doing? Embargo passed and China is reopening. Loses 7% in 48 hours.
thats normal for oil. its not a huge deal

>>49309499
Ok genius, where does industry get its silver from then?

>>49310916
I'm just going insane because I've been in July USO calls since February and every time my strike comes close to going ITM (read: every time oil pops) it has a completely arbitrary pullback. I feel trapped because I can't really roll out to a later month without massively deleveraging or going even further OTM.

Well, i am sure noone is Prepping the BHLL but did any fags ever buy some USOI?
bot feb. 2021 up 70% with reinvested divs so far...ffs last month my div was 4%

>>49296769
>>49296987

>>>The silver mines are dry

Is that really the truth though?

.

>>49296901
What about the poly silicon used in the PV panels, of which 65% of world supplies of silicon is from China, who exclusively use coal-fired plants for the process?

I usually don’t call anyone a nigger faggot outside of /pol/ but you’re an exceptional anon.

>>49312457
>picture of mica schist
Here's your silver ore!

https://www.legendsofamerica.com/vermont-gold/

I'm pretty close to the historical mine on the page.

It's kind of an old man's bayhorse tale really. Pretty funny.

>The mine owners pumpn' dumped their stock with overpromotion and fake ore
>Had a "2 more weeks" situation with an investor. >They promised significant mining equipment would arrive at the mine for 3 years before he finally sued the company.
>Company owners went bankrupt and they sold the mine to the same prominent investor.
>He mined it for 30 years and died poor.

That's gonna be one of us with Bayhorse bros...

>>49311499
Melted bullets

>>49296273
WTF? Its all empty.

>>49313711
I don’t know why but this reminds me of the early SS meme with the photoshopped Perth Mint guy standing beside all of the silver

>>49310704
sounds like bs

>>49314640
i 'member

>>49311499
>Ok genius, where does industry get its silver from then?
the comex, where else could they possibly get it from? A billion ounces a year, all from the comex.

https://youtu.be/1NqbniwCKCs
Might be worth seeing this video anons

>>49315388
>sells loads of paper silver
>cannot deliver enough physical anymore
>military needs physical to build weapons and beat the russians
N

So is the commodity supercycle still a possibility or is it pie-in-the-sky thinking? Want to gauge anon's opinions here as you're usually more switched on than other people in biz.

>>49316515
Why do people talk about it as if it hasn't already been happening? Many commodities have made all time highs or been near historic highs these past two years

>>49296273
>DRSing silver
Mental illness.

>>49316553
> Commodities have been at all time highs

I see that and it makes me jumpy about buying into commodities. How much higher do these have to run? Stuff like Uranium was being shilled here like 2 months ago but now it's not really talked about.

>>49316574
>How much higher do these have to run?
the million dollar question. Nobody knows and risks are high when we're in a hailstorm of inflationary pressures, rising rates and a looming recession

>>49316614
How would commodities fare under a recession? I was under the impression that they would fare well under inflation and a stagflation environment but I am unsure how much they could drop in the event of a recession.

>>49316634
During this current inflationary/stagflationary situation commodities do relatively well. Energy is especially performing well right now while materials aren't doing as well. Energy is king right now. Watch copper for a signal on what the (commodity) inflation expectations are. In a recession or depression the expectation would be that demand decreases so prices should go down. But that also depends on supply and inventories.

>>49316553
So the commodity bull run is already over?

>>49316810
It's ongoing but we don't know where it goes from here.

>>49316810
>>49316905
Yep, time to sell all of your shares. I'll buy them from you for just enough so that you can get back into bitcoin

>>49296273
jp morgan is doing psyops on 4chan and reddit to unload their silver on retail so they can buy crypto

More experienced commodity chads, is the uranium thesis dead now? I am worried I bought the top buying UUUU at 10.

>>49310635
no

inb4 source
>https://pubs.acs.org/doi/abs/10.1021/es3038824

>>49317693
>is the uranium thesis dead now
Just why should be the thesis dead lol?
>>49316574
It was shilled since last year but the retards here only buy high and later sell it after 2 month of holding because they are just retards with a short attention span. If you can't deal with that maybe r/wsb and gambling on puts suits you better

GLATF at 16% premarket. Anyone know why?

>>49310188
>>49305216
I held this for a long time and loved it.

Recent seeking alpha (I know) article about $RSX:

https://seekingalpha.com/article/4514192-rsx-the-russia-etf-in-a-word-toxic


I have about 5K in essentially dead money in this, trying to be patient.

Give me a managed futures ETF so I can be lazy

>>49317693
Not a commodities expert but everything still remains the same. The small miners like UUUU are just not cash flow positive so they got hammered in the downturn and will probably drop again if the market has another leg down.

The spot price of uranium is down due to recession fears, but it'll still need to go back up to fill the supply deficit.

I bought uranium miners over a year ago and didn't buy anymore since. I've just bought some more on each of my positions. So I'd used this opportunity to average down on your uranium exposure.

Nice hits for Vulcan! This is the one I said last week I'd bet my left nut the sp will double within 6 months. They own 36% of Atlas, no debt and $5.4M CA cash. Their Atlas shares alone are worth over $70M CA and their market cap is only $33M. The market is asleep and this is going to explode

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2186-tsx-venture/vul/122408-vulcan-minerals-inc-colchester-drilling-delivers-high-grade-copper-in-newfoundland.html

Wake up WAKE UP ANON

>>49320878
What what the fuck is happening ahhhhh

So what's the strategy for miners here? Diversify, watch the market carefully and pull out when you smell nationalization coming? Personally I'd like to live off of silver dividends for the rest of my life but I don't see it happening if the dollar collapses. The governments will seize miners since those will be the new central banks. I've heard that this wouldn't happen in a first-world country but anything can happen when the dollar collapses.

Just slurped a small amount of Uranium Energy 2 hours ago before the pump, noice

>>49321155
If the dollar collapses then you should be learning to hunt and grow food, I doubt it will happen though

>Mfw missed most of this big dip due to surprise expenses this month, only getting more money in few days.

This better be a god damn bear market rally.

>>49321278
Miners won't moon unless there is a dollar collapse. PMs and dollar can't coexist.

>>49309499
The price on comex becomes meaningless if they aren't at least a last resort source for metals.
If COMEX silver is $23 with 0 ounces available but ABC refinery wants $40 and has ounces to ship, what's the price?

>>49320735
for the record bros I have a small position and no dry powder, so I'm biased

>>49322148
>what's the price?
If a student commites 10 microagressions and gas goes to $10/gal what is the price in global warmings?

>>49322863
>your small positions are bigger than my big positions
good on you, but ahh bros it hurts

Did my monthly DCA into Athabasca right before today's pump, mmmm I love it

>>49317693
Its prob at least a 3 year waiting game, same with most comms and energy stuff. Could be a recession/ depression over the next couple of years but in the long term chances are we're not going to get this stuff out the ground faster than its been consumed. the amount of resources needed to turn the world electric is ridiculous + all the wokeness not wanting to permit mines and all the red tape... this stuff should be an ultra squeeze but not anytime soon

>>49324372
but after the last 2 months of pain I'm down around 25% overall, kek, so you are doing better

>>49323080
Bout tree fiddy

https://www.youtube.com/watch?v=TZozILhJU4U

Good interview from Brady

>>49322148
if you understand the first mistake you should understand the second-

industry gets silver before the comex does. Investors get what's left after industry takes what it needs.

final mistake- industry contracts for silver at a set price, their price doesn't go up just because yours did.

Here's your flappy fish market coin sirs

tg molluskinu
0x E2cE8bE0d4d274085852E4A68076D8EEC4FFd1fc

>>49327198
>industry gets silver before the comex does

Some industry owns mines or bargains with them directly, sure. Now what do you think privately held mines and refineries will do to their pricing structure that is barely profitable at the moment when the comex game stops? What happens to their pricing structure when they have more people knocking on the door than ounces to sell?

>>49321155
Who is saying that mines will be nationalized besides goofball bix weir?

I think SOME mines COULD be nationalized, for example in south america. But Id rather take my chances in countries that have never really done that kind of thing before. If you really think nationalization could happen, say in US or Canada, wouldn't you see governments flirting with the idea first? It's not like you'd just wake up one day and BAM, everything is gone. You'd have some time to get out, and these governments wouldn't begin talking about seizing mines until after PMs have made significant moves upwards.

Just my thoughts, please explain to me if I'm being retarded.

>>49317693
Lol it literally turned around this morning.

>>49327882
Yeah it's extremely unlikely for any mine, especially precious metal mines, being nationalized in the US, Canada or Australia for a very long time. Even in countries like Brazil, Chile or Mexico, nationalization of precious metal mines in the next 10-20 years is probably very low, but there is significant risk of rising royalties/taxes and problems getting new permits or existing ones renewed. They don't need to completely take your mine to fuck you over. South American doesn't look good right now.

>>49327882
>>49328246
Raising taxes alone is like stealth nationalization. You need to have a totally retarded leadership or some deep political battle going on for a country to just up and steal the assets. Now, that can happen and has, but the bottom line is that they don't need to

>9million in cash
>50million in debt
Fuck santacruz, these fucker need to pay their debt if they wants to be interesting

Saw one anon a few days ago who said Sterling Metal was interesting after that 30% pump.

You bought Goldventure bag.

>>49300630
I dont think it's a subversion thing. You cant subvert reddit by making it gay and cringey. They will just embrace it.

>>49329163
Not sure about the particular company but debt is good as long as it's managed well. It can really give a kick to the company's operations and expedite returns. Also super important for new projects in development of course

>>49329259
His current move. I'm still accumulating a bit of gogold, but mainly royalty companies at this point.

Why and when did Vale start offering a 12% divvy?

Also I see more stuff about TikTok. Is it going to be the new FB? Does China still own it?

>>49317693
My average is 6.50 and I plan to keep accumulating and averaging. Every time it dips I buy 100, every time it pops I sell a CC. My horizon is to sell the peak in 2-3 years. We'll see how it goes - I might just keep yield farming forever, selling ATM CCs on cyclicals is comfy

>>49330021
I know, I'm in the group. I don't post about it since he asked for it, I like to respect some aspect of a deal.

>>49327873
>what do you think privately held mines and refineries will do to their pricing structure that is barely profitable at the moment when the comex game stops?
there will be a price decoupling between investment silver and industrial silver as all silver becomes industrial silver and investment silver becomes too rare to sell.

at that point the comex and investors will convert entirely to derivatives and you will no longer be able to buy physical silver. Industry will own all of it as soon as it's produced. The price will not change, investors simply won't have access to real silver anymore.

>>49327873
Also in the extremely unlikely event that investors deplete silver supplies to industry, you can expect governments to outlaw ownership of physical silver simply because it's a strategic metal and they need it more than stackers do.

>>49331166
>>49330934
When I set up my Questrade account, there were legal provisions for whether you were Jewish and if you had a synagogue to deliver payments to.
Seriously. I think something has to do with them collecting interest as silver payments or something. My point is theres probably a religious provision in NA that would protect private silver ownership

>>49331166
>>49330934
>investor group shows up to mine/refinery with superior offers to industry

Now what? Yeah I suppose the government can start making it a strategic metal/outlawing/confiscating it but that is going to start to some real shit.

>>49331940
that's funny

historically there were exceptions for coin collectors and jewelry as well.

but none of those are likely threats to industrial silver supply. Stackers aren't a threat either, but they might become a problem if they actually pull off a silver squeeze. If such a thing is even possible. Hunt bros managed it but they used leveraged paper.

>>49331969
Also to add to this, unless governments GLOBALLY can agree on a policy, investors will just move overseas for their physical investments.

>world governments cooperating on economic policies

LMAO

>>49331969
>Now what?
price goes up
more mines become economical producers
supply goes up
price goes down
>that is going to start some real shit
Yeah, people in the US have this idea the government is afraid of them. Or should be.
Oddly enough most of those same people work directly or indirectly for the government. People get a lot more compliant when they remember their job is on the line.
e.g. "I won't get the jab, I'll fight!" "What do you mean I'm fired?"

>>49332075
>investors will just move overseas for their physical investments.
US citizens aren't allowed to move overseas to break US laws. They could renounce citizenship I suppose, but that's a different story.

>>49332087
>more mines become economical producers

After the lag period of years+governments red tape+environmental lawsuits+environmental red tape+taxes+ + + +, yeah maybe if the mines can even be found.

>e.g. "I won't get the jab, I'll fight!" "What do you mean I'm fired?"

Now compare the US vaccination rates to globally. If the government had pushed it hard from the top down, shit would have happened.

>>49332121
>what are grey area offshore companies

Yeah I'm sure no one has figured out how to invest in these before while still living the US. Get a clue moron.

>>49332151
>After the lag period of years+governments red tape+environmental lawsuits+environmental red tape+taxes+ + + +, yeah maybe if the mines can even be found.
the government can clear that all up with a stroke of the pen.
and mines don't need to be found, most of our superfund mines are silver/lead locations with shitloads of silver in them.
>>49332178
depends how far the US is willing to go with sanctions. If they run out of silver I'm guessing they and every other country will lock it down tight. They do actually need the stuff.

>>49332178
You could still invest in producers and consumers, just like you can still invest in uranium producers even though you can't stack uranium.

>>49304490
Missed brass anon but solid stack

>>49332398
You can stack Uranium, but generally no more than 50 kg at a time

>>49296273
I think silverfags are delusional. I can't be the only one who believes this. It seems like just some really whack ass conspiracy that does nothing but draw liquidity away from gold.

Made a short vid about today's copper rally

https://youtu.be/e0uod76xdFw

>>49333371
And that's a good thing
>>49333333

>>49332151
>If the government had pushed it hard from the top down, shit would have happened.
but they did push it hard...

>>49329163
Dude they went in debt to increase their production by 6x and they only just signed the deal and got into production a month or two ago lol. Give them a break.

>>49333329
with a number of federal licenses and safety classes, yes.

same with silver. If you're actually capable of getting the licenses in a case of industrial use only, you're an industrial user.

side note- I have industrial licenses to stack a lot of stuff you guys can't legally get. Not that I care to, but I could.

>>49335113
The joke is that after 50 kg it reaches critical mass, I think

>>49335113
Bob, fuck off and stop posting on week nights drunk off your ass. Next you're going to ramble on about how you're a hardcore waste disposal expert that works with super sekrit federal garbage, or about how you were super cool being a homeless bum in the greater Denver metro one time. Then you're going to act all mad that somebody posted one of the many pictures of yourself you insist on uploading.

You're fucking boring. Go bore your disappointed and disappointing family instead.

>>49313663

>>49313663
these sorts of "discoveries" were very common at the turn of the century. Some guy would hit a massive surface showing of gold or silver, but it would only go down a few feet before cutting off. The finder would advertise the amazing ore and hundreds of people would invest or get into bidding wars, only to find out the property was worthless after their purchase.

>>49334450
>>49329482
Dont worry, I know, I'm just ranting since I refuse to touch any debt at all no matter how good it is

SCZ is a very good pick, hopefully they pay it off fast

Give me some coal companies to look into.

>>49339562
BTU

Silverschizos give it to me straight. Is this the time to enter silver? Given how hated it is currently, even the old bois seem to have given up. I am thinking of starting small position in sterling metals, SAG.v. I have bad experience with these canadian v. stocks tho. Should I yolo into silver or just buy tankers?

>>49333480
I didn't buy COPX in time.

>>49333480
TECK made a 52w high yesterday. Let's see where we go today.

Also it held up much better in recent downturn than any other copper major.

>>49320735
Panman what do you think about these drills? Looks like a poly metallic zinc copper and gold deposit. Nothing really sticks out as high grade but the copper is pretty close. Nice thick intervals though.... Is it economic?

>>49328246
Canada and the US are literally trying to ban guns right now. You guys think they are safe jurisdictions but you'd be surprised. Vice versa, the jurisdictions you think are "risky" might actually be more safe, like Niger and Argentina.

>>49339562
Glencore : GLNCY

>>49337615
Bob is a lot of things, but boring is not one of them.

Other than uranium, what are some good commodity sectors to build a position in? I have about $500 a month I wanted to start putting into a commodity sector to build a position for the long term.

>>49310139
It isn't.
The Sun loses 5 million tons of mass a second just by converting hydrogen into helium.
However the Sun is so mind-bogglingly huge that it will last for billions more years

These too
>>49310604
>>49310635

>>49341591
>Other than uranium
If you haven't already covered your other bases regarding energy then Oil and Nat Gas are a no brainer

>>49310916
OPEC are increasing quotas
Not enough to cover the demand imbalance but it's a step down in pricing power

>>49342316
Can refineries scale accordingly, though?
I thought they were at or near max capacity.

>>49342574
Capacity is tight atm, agreed.
I'm no expert but I reckon a lot of mothballed plants can be brought into production within a short space of time. Add in the potential for Venezuelan capacity to be brought back on line and impetus for new development and I thinking we're in for another boom then bust scenario

>>49342293
I was thinking oil and gas but I figured they've aslready run a lot. Would pm be a good way to go?

It’s just laughable that you can’t get silver anyway near the spot price

Where does /CMMG/ get its news from?

>>49344217
jellyfish.news
mises.org
zerohedge

>>49317757
Now show that they actually did catch up in 2020+. An article from 2013 is not going to cut it now.

>>49344217
Just make a Twitter feed account and follow people in the commodities/ macro circles. Eventually you’ll have a well curated list of knowledgeable people you follow and it will be helpful informing your decisions and thesis.

>>49343925
They have run a lot but many of us believe they still have a long way to go. $150 Oil seems an inevitability and some consider it a low target.

PMs are inevitable IMO but they are usually the last to move in a commodity cycle. I have my positions but I don't think I'll be adding much to them until I start rotating profits from my energy investments but I'm unsure when that will be. I'm currently 1/3 PMS 1/3 Oil/Gas and 1/3 Uranium (from my initials) and there are still other commodities I'd like to be in but I don't want to spread myself any more thin.
Some people here are all in on PMs but personally I think that's ignoring a lot of other good trains to be on. I've already got my seat on the PM train which I think is wise as who knows when things will pop in clown market, but everyone will tell you different and I'm by no means an expert so take everything I say with a pinch of (Atlas) salt.

Lurk moar and ask more questions and take the time to DYODD as there's (probably) no major hurry and you don't want to be in any of these sectors/companies without knowing what you're doing or you'll probably end up leaving too early or staying too late but that's true of any investment that isn't a straight gamble I suppose.

>>49296273
anyone heard of eldorado gold?
canacuck company operating in eastern europe

>>49333371
The silver to the moon bs won't happen but it should go up nicely.
Fiat is about to go down the toilet. PMs, bullets, food, alcohol.

What are you guys buying?

>>49347759
Just increased by UUUU holdings about 40%.
Due to this company being a bit of a meme or at least having the reddit fags behind it, I think it has great potential during the run.
I'll buy more Encore energy and Denison later this month.

Personally I don't much care about PMs yet, because they'll run towards the end of the cycle when or if the dollar gets fucked and who knows when that'll be.
I'd much rather play the Uranium and oil markets first and then move money to run in PMs, because it's entirely possible we don't see metals move in any considerable amounts when other sectors skyrocket.

>>49341591
My personal plays are
WMT (via work)
HCMLY (play on cement/sand, not fracking sand)
WEAT/CORN calls for mid winter
GUNR for natural resources exposure
UUUU for uranium and rees (selling CCs on swing)

Currently playing GILD and CMRX for the pox but those are minor. Horizons etfs are not bad I like HEU.TO and HEE.TO but have no positions. Would probably recommend GUNR for broad comm exposure, its been quietly performing (up 8% ytd and no hard swings). Comms should boom in 2-3 years. Sand is a long term play.

>>49347759
UUUU,SBSW,RIO,VALE,BHP,GLENCORE

>>49348253
I also have small positions (like $300 ea with 40%+ losses) in BHS, GGO, GOG and a few others. I also own some UEC and DNN

JEFF CLARK SAYS HE'S NOT INVESTING IN POO LAGOON.
IT'S OVER GUYS!!!!!
Time 14:00
https://youtu.be/NSOLSVfFo9w?t=840

>>49348469
Sell everything now!!!!

It's unironically over for Chile Bros. May Pinochet and his legacy rest in peace.

ATH just broke $3 for the first time, Trillion having a run at the .40s again too

>>49345674
Thanks man, I will review and look into some sectors.

>>49344217
Cmmg

>>49347759
I'm holding out for a miner ran by an old pajeet woman to string me along

>>49296273
how do mines "work"?
does a guy (or group of people) who speculates that an area might be mineral rich decide to buy up the land, and now everything below him can be legally exploited by him?

https://www.forexlive.com/news/russias-putin-us-decision-to-print-money-led-to-increase-in-global-food-prices-20220603/
Looks like Biden was right on the money.
If Russia is desperately trying to deny the Putin Price Hike like this, things must be about to get even worse and they don't want to take the blame. The entire world already hates Russia but soon even Belarus, Hungary, Turkey and other puppet states will break with them.

Bullish for commodities!

>>49350108

>>49297824
any new junior miners gotten your attention lately? i've been intrigued by Taranis Resources

Don't want to celebrate on plebbit.

My TFSA just broke 250K CAD. Stoked AF

Longing junior energy makes me hard and wet. WAGMI bros.

MEG, TVE, PIPE, JOY, ATH, WCP, NVA.

Slurped a bunch real good in Dec 2020.

>2022, gold $1800, silver $21
>2023, gold $1800, silver $21
>2024, gold $1800, silver $21
>2025, gold $1800, silver $21
>2026, gold $1800, silver $21
>and so on
someone give me some hopium about why this will not be the case. we're in the early stages of hyperinflation and the world is literally clownshit and the metals are doing nothing

>>49350942
With enough time and patience I am confident that we will eventually hit $20

>>49349764
its a lot of work to bring a project from exploration to an active mine. You basically start with simple mapping and sampling an area thats either already known for the resource your after, or your exploring entirely new terrain.

Lots of different steps and stages go into figuring out if the ground your looking at is worth mining.

>>49349764
depending on which country your in you can claim mineral rights or mining rights to a location or a general area.

>>49350271
Taranis is pretty interesting but its a "toy" mine. Its extremely difficult country to operate in, high mountains and steep valleys. I am trying to research a few different projects in Newfoundland like York Harbor but its hard to tell if their just hype or not.

>>49351074
what about Canasil Resources?

>>49350942
It's not physically possible for this to continue. Silver is just too rare and gold is clearly being reverse arbitraged.

>>49351296
>It's not physically possible for this to continue.
we were saying that in 2019 and 2020

What are the best junior silver miners right now?

>>49350942
>>49351334
Remember gold is up significantly since 2019. You are probably going to be dissapointed though if you believe in this parabolic rise. Gold has done reasonably well and will continue to do so, I think it will beat inflation for quite some time which will mean nice profit margin for miners. But no hyperinflation is very unlikely (any time soon at least).
Gold will probably continue to move sideways in the next few months as the fed continue to keep a super hawkish tone but then as the economy comes crashing down and inflation comes down some we could easily start to see the fed focus switch from inflation being mandate #1 to the economy being #1 and then gold could quickly move past $2000 again, maybe way past.

>>49351508
Bayhorse vibin rn finna be bussin fr fr no cap

>>49351508
>>49351799
I just bought 8k worth of blue lagoon.

Did I do good?

>>49351688
There's no way Biden is going to let the fed be hawkish especially with an election coming up.
The fed will pivot on interest rates.

>>49351858
Biden and Powell literally just had a meeting and Biden said the fed should fix inflation. It's all about inflation right now, voters care more about that, than they do the stock market. The pivot only makes sense when the economy starts tanking hard, which they need for inflation to come down.

>>49351799
>>49351837
Sheesh we out here buying Bayhorse, Blue Lagoon, Irving, and Impact. We bout to fineness some quick gains on God.

>>49351921
Unemployment would be a bigger problem for them then inflation

>>49351837
Yes

>>49352112
Probably yes, but that is a future problem. Right now voters are seething because of the price of gas and if that doesn't come down soon the election will be a disaster.

>>49352211
Prices aren't going to come down even with massive rate hikes

>>49352334
I know a lot of you oil investors believe this but I don't see how they won't if we see a massive slowdown in the economy. Demand destruction -> lower prices, that's just how it works. And I thought the economy is in for a very rough time.

>>49351688
>But no hyperinflation is very unlikely (any time soon at least).
why do you think this?

>>49352415
>thought
think*
Also production cost for oil is like half or less than half of current prices. Profit margins like that never continue for a long time. New production will come online.

>>49352416
While the US is headed in that direction it is very far from being some shithole banana republic and that's why. Hyperinflation only happens when retards are in charge and the leadership in the US simply isn't retarded enough yet. That said I do think we will have high inflation for a while, maybe even see numbers like 15% but it's not going to get as bad as say Turkey right now.

>>49352533
Only reason we dont have Turkey number is because they are not real. If you release real number like Turkey you would be around 15ish already

Also, only way to not get hyperinflation is to reprice Gold (which is my main scenario, I agree with you).

>>49352533
>While the US is headed in that direction it is very far from being some shithole banana republic and that's why. Hyperinflation only happens when retards are in charge and the leadership in the US simply isn't retarded enough yet.
dude

>>49352587
Turkey just had a print above 100%, even real US numbers won't get anywhere near that high. The most powerful interest in the world have a lot at stake and simply won't let that happen.
>>49352598
weed

>>49352533
>>49352598
US fed gov is broke, running massive deficits, is tens of trillions in debt, can't fund its obligations much past another decade (medicare/medicaid, social security, etc.), is floundering in every recent foreign affair it has engaged in, has worsening inflation every month, high unemployment, a populace who hates it and views it is illegitimate, and is socially decaying in every corner of society. how is that not a banana republic - albeit just a very large one?

Metals not needed

>>49352198
why exactly?

>>49352704
The US has very low unemployment and inflation came down a bit last print. But sure you can call it a banana republic, I'm not fan of the great zogged satan either, but there are still a lot of very smart people in the elite that has a lot to lose and they still control institutions such as the fed to a large degree. The country is going to hell but I simply don't see hyperinflation anytime soon, also because it's the worlds reserve currency. Investors just don't have many other places to go so you are not just going to see huge outflows all of the sudden tanking the currency. Not until social unrest reaches much higher highs.

>>49352853
>The US has very low unemployment and inflation came down a bit last print.
i guess the difference between you and i is that i don't believe the metrics and data that the government is telling me about anything. i simply dont believe that inflation is what they say it is, nor do i believe the employment data to reflect reality at all. i think we will start to see the middle stages of hyperinflation begin late next year or in 2024. terminal hyperinflation may not be until 2025. my worry, though, is that they'll find a way to keep precious metals prices suppressed through all of this

>>49352853
>The US has very low unemployment
This is hanging by a string.
Any increase in interest rates can cause massive layoffs.

I don't think there is going to be hyperinflation, but there will def be some massive inflation coming soon.
Gold will for sure go up a ton.

>>49351508
>>49351799 >checked
Nigger it could make you rich.

>>49351132
that names very familiar, i think they have a bunch of territory up past Kemess Mine in BC. I ll take a look!

Anyone here pay for Andys platinum membership? Considering it. Was wondering if other cheap bastards wanted to pool money and share a sub.

>>49352717
metals not sneeded

I just picked up some WEF (western forest products) their balance sheet looks great, they are paying a nice dividend, the stock is a nice price, and lumber seems to be making a reversal and could go back to an all-time high. Go ahead, tell me why i'm wrong

>>49300293
Institutions are coming in finally. We're nearing the beginning/end.

>>49301955
>at the current rate of the last week comex will be drained by september
music to my ears

>>49353572
Yeah I wonder what is the threshold where everyone is running to the exist. Like 40 million ounces?

>>49352533
We're already at 15% using the old calculation method. I'd put hyperinflation happening within 3yrs at about a 1/5 chance from here.

>>49352717
>people still think gold and silver aren't manipulated like everything else.

>>49353736
could be 50. could 25. i would imagine that once it dips below 50 million ounces, institutions will start noticing, potentially panicking. i don't imagine that it could be drained to any lower than 10 or 15 million ounces without the big corporations that rely on silver swooping into hoard as much as possible

Why shouldnt i invest 2000bux in impact silver?

Looks like a huge bargain

>>49354476
what specifically do you need silver or gold for?
There are rare to no use cases for this metal.

>>49354717
nothing. they're just useless rocks.

>>49296987
>silver mines dry
Maybe at this price but they can find unlimited silver if the price were to spike up.
>byproduct from other metals
yes, like copper for which there is limitless demand due to things like electric cars. so they mine copper and get silver along with which is dumped on the market and will continue to keep a lid on the silver price.

Trillion just posted their latest financing. They got fucked by Echelon again. I really have to wonder how this small time firm is able to break Arthur's back so readily. It it gets upsized I will scream.

>>49352533
The reason the US isn't at 100% inflation yet is due to luck not skill.

>>49354636
It's in Mexico and they just nationalize Lithium mines.
Also Keith Nuemeyer is divesting from Mexico.
Plus Fred is a Boomer.

>>49356007
I can't wait for Milei to win in Argentina and destroy the central bank.

>>49356007
https://www.mining.com/mexico-passes-mining-reform-nationalizing-lithium/
>mfw it's real

>>49356007
>Also Keith Nuemeyer is divesting from Mexico.
for what reason?

>>49356509
this is such bullshit
do they just steal the companies or force them to sell at low prices?

>>49356007
Is that a good or a bad thing?

Isnt impact silver in canada?
Cant we attack mexico for stealing our mines?

>>49357318
>Söy ID
Lol an army full of trannys is going to do what? Dialate?

>>49357318
>nationalize mines
>is that good or bad
Bruh

Time for US to commence manifest destiny north and south this time

>>49350942
measure how many eggs you could buy for a silver coin 100 years ago, now do it 50 years ago, now do it today. it's gonna keep being exactly the same, the only thing that changes value is our currencies

silver is not gonna make you turbo rich, it just means that your government can't steal your money, and the banks can't steal your money

>>49357677
Pic rel
>>49359615
This post is anti Semitic

>>49359615
This must have been what soxl_shill was talking about in smg. He implied his bots do some kind of triangular arbitrage on different assets.

>>49355419
I was just about to put in another $500 too... Maybe I'll wait now

>>49355419
Arthur said a bunch of times this financing was coming. And these terms are actually better than the last one. Credit facilities have been tougher as central banks tighten monetary policy. This raise should not have anyone selling their Trillion shares... at the end of the day Trillion needs the Echelon money to get into production, so they're not able to dictate the finance terms at this stage

>>49296273
Slowly at first, then all at once.

Copper chads are unstoppable

https://youtu.be/e0uod76xdFw

>>49362108
I told /pmg/ my usual ebay supplier for silver had completely and suddenly dried up around March, they told me I was just getting my hopes up.

>>49353278
I got in previously at 2.2 and got out once it didn't go up further
>It's 1.86 now
Glad I didn't hold the bag

I think lumber is more price elastic than say, oil
You need the lights to be on but you don't necessarily need that new deck
So I think there's less upside to lumber than other commodities

>>49362108
>mfw it's real

Bitcoin is the unstoppable wave of the future. I'm taking advantage of the current dip to stockpile more BTC for long-term investment. I'm also investing more in this. Syscon is a fork of the bitcoin protocol, merge-mined with BTC to give users a secure, stable, and scalable network.

>>49359615
>silver is not gonna make you turbo rich
Until it does. No one ever expects precious metals to return as a monetary standard until it happens. The funny thing is, this time there have been several signals and outright announcements by Eastern governments that they want to move in this direction.
Yet buttcoin/statist shills will still screech "nooooooooo silver can't be money again!!!"

https://twitter.com/Oliver_MSA/status/1532899832406462466
>Have been saying for some time in interviews that if the stock market comes down enough, you'll start seeing businesses tighten up, freeze hiring, etc. Now it's happening (it's only just started). Fed took away the stock market's drugs, now the "strong economy" is coming apart.
>The bear market has only just begun.

>>49363419
Jim Cramer confirms recession will happen. Rip boys.

>>49363758
Currently trying to get as much cash as possible, those dips will be delicious

Imagine Irving and Gold Mountain at sub-30 MC ...

Lion One and Peninsula sub-100 MC ...

>>49348469
Good video. He didn't say that for the record.

>>49350271
Vulcan who owns 40% of atlas salt.

>>49352415
You don't usnerstand how bad the supply situation is. You will have high prices and you will have a bad economy.

>>49348469
>>49363876
didn't Rana get his start in the gold business before going to the cannabis business?

>>49363876
>>49363902
yep, he was clearly talking about Blue Lagoon. Also, only reason he pointed that is he is part of GV analysis team, they talk all the time. I respect his reason. I trust PANMAN opinion on the ground, QH approved our thesis and now Rana proved he can be trusted with management.

x10 will be just the start.

>>49363935
quick rundown on blue lagoon?

>>49363341
silver is break up i tell you
2 more weeks!!


youre better off holding COCA COLA shares than silver coins

>>49312457
No, no one is mining for silver because it isn't profitable.

>>49355419
Brilliant news for me. We knew this was coming from the interview. I have a buy order at .34, might lower it.

Next bread
>>49365516
>>49365516
>>49365516