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/biz/ - Business & Finance

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22036459 No.22036459 [Reply] [Original]

Anons -

I am not supposed to tell you this, but shit is going downhill. Buy silver and gold miners GLX this and next week for some easy profit.

>> No.22036507

>>22036459
Is the COMEX finally gonna go bust?

>> No.22036530
File: 127 KB, 837x631, Egs_0fMWoAIJdrU.png [View same] [iqdb] [saucenao] [google]
22036530

SIL futures are over $28 today. GDX is probably going to $45-46 which is the year high soon.

>> No.22036563

>>22036507
No, not even fucking close.

>> No.22036620

>>22036563
Then I got nothing then, I hear september is supposed to be fucking wild though. I got some PMs, will I make it?

>> No.22036834

>>22036620
Vol might be high, but don't worry, SIL and GDL will go up by the year-end.

>> No.22036892

>>22036834
Foreign countries gonna nationalize their mines?

>> No.22036961

>>22036892
Their own countries will nationalize mines at some point, but not this year.

>> No.22037056

>>22036961
So what the context of OP? Something happening in the next two weeks?

>> No.22037072

>>22037056
Yes, SIL and GDX going up. Won't explain.

>> No.22037090

>>22036459
Why not get SILJ and GDXJ instead?

>> No.22037112

>>22037072
ok, I may be able to toss in a few hundred, will it be worth my time?

>> No.22037173

>>22037090
Junior miners will outperform major once eventually, but I have no magic ball and not sure what's gonna happen to them in the short-term.

>> No.22037199

>>22037112
Depends on your budget and wealth. For some $20 is money.

Just to make it clean: if you see no traction

>> No.22037215
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22037215

Shit's been going downhill 5ever.
Still waiting on the US Fed Note to shit the bed

>> No.22037232

>>22037199
... within 2 weeks, do not panic. They will end year with a good profit.

>> No.22037243
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22037243

>>22037199
>For some $20 is money.
You're damn right it was. Now it's all shit thanks to the jews.

>> No.22037266

>>22037215
Rates will go up next year, don't worry.

>> No.22037299

>>22037243
We whites have to take care of each other as the judas do. We will do better eventually.

>> No.22037324

>>22036459
I've been sitting on long dated GDXJ calls a little while now. I'll get some GDX too.

>> No.22037363

>>22037324
Take profits at $45-46. Long target should be in low $50s.

>> No.22037426

What about PSLV and PHYS?

>> No.22037559

>>22037426
They as a scam. GLD holds physical gold. PHYS is just a marketing trick to make you think it's the real gold physical gold ETF.

>> No.22037653

What kind of insider are you?

>> No.22037693

>>22037653
He read /pmg

>> No.22037704

>>22037653
Can't say much, but the bank I work for is one of those who manipulate gold and silver with futures.

>> No.22037722

>>22037693
?

>> No.22037727

>>22037704
Okay so what’s next? Medium term? Long term?

>> No.22037756

>>22037727
Gold will be let to go to $2500 by the year-end. $40-50 for silver. Next year - not informed yet.

>> No.22037896

>>22037756
Your targets seem a little low for such high gold/silver prices.

>> No.22037921

>>22037896
I am likely being conservative here, yes.

>> No.22037943

>>22036459
Don't listen to this larp. Last time some motherfucker shilled MUX because of:
>muh short squeeze
and it continue to get pummeled by bears only to crab now. EVERYONE here is a scammer.

>> No.22038016

>>22037943
You are correct - do not listen to anyone here, but if you think gold or silver market can be moved by 4chan - your place is /Africa.

>> No.22038026

>>22037704
What is changing for your bank to stop manipulating prices?

>> No.22038065

>>22038026
Profits. It won't change until we reach the 3rd stage of the bull market where faggots like you buys PMs to speculate. It'll happen at some point.

>> No.22038099

>>22037266
>>22037299
>>22037722

Checked.

Will COMEX finally stop manipulating the market? Do you think rule 589 will eventually happen?

>> No.22038170

>>22038099
They're afraid the market will go out of the control with millennials speculating and pension finds starting to allocate a single-digit percentage of their portfolios.

I am European and do not work with regulations, sorry.

>> No.22038207

Did you forget your meds today or was it listening to too much alex jones?

>> No.22038241
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22038241

>>22036459
already fell for the miner meme and bought the last top

>> No.22038275

don't listen to this guy, the paper markets are the real scam. If you believe that PMs will rise above, just buy the actual PMs and keep 'em somewhere safe. If you don't hold it you don't own it

>> No.22038323

>>22038241
$44? I hope you haven't sold. It's been overbought back then. You'll make your money back, I guarantee you.

>> No.22038349

>>22038275
You are right. Have some physical. Miners always outperform in the bull markets though.

>> No.22038419

>>22038349
Do you recommend any individual miners, specifically that pay divies? I’m in SILJ GDXJ shares and plan on buying SIL GDX calls tomorrow, but the shares don’t pay dividends I’m also looking for individual miners for the long term that pay out. Did some research and found RIO and NEM

>> No.22038464

>>22038323
never selling

>> No.22038524

>>22038419
Almost no one pays dividends in the sector nowadays. I am not an analyst, but a trader, hence cannot give you good recommendations. Junior miners are a huge gamble: they eventually outperform everyone, especially those who do explorations, but many just get failed or acquired.

No specific recommendations, sorry. Have a bit of money to speculate, but have an exit strategy, e.g. if something doubles - take out the invested money.

>> No.22038547

>>22038464
There'll a bear market at some point. This is not smart.

>> No.22038707

>>22038547
we are heading for a dollar reset and you wanna talk about exit strategy lol!

>> No.22038730

>>22038707
Easy here. You have no idea what you're talking about. We'll have some sort of electronic currency based on a basket of the major currencies as a reserve one, but it'll not happen next year.

>> No.22038841

>>22038730
>but it'll not happen next year.
So it'll happen this year?

Any truth to the precious metal backed dollar?

>> No.22038923

>>22038841
No fucking clue, but when it does - it'll be a violent event.

>> No.22038927
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22038927

>>22038730
>basket of the major currencies

AAAAAAAAHAAHAHHHHHHAAHHAHHAHAHAHAHHAHA!!!!!!!!!!!!

>> No.22039032

>>22038927
You've got zero understanding of the topic it seems. We're not talking about new fiat, but the new reserve fiat.

>> No.22039097

will it be XRP

>> No.22039113

>>22039097
No, it'll be something made by CBs.

>> No.22039126

>>22039032
>new reserve fiat.
is it backed by gold?

>> No.22039159

>>22039113
lame

>> No.22039242

>>22039126
We don't know. Perhaps partially.

>> No.22039472

>>22038016
You don’t think algos read biz you stupid mong? Naive child.

>> No.22039492

>>22039242
you are describing a Breton woods type event, its a currency reset....it is by definition the repricing of gold..

>> No.22039527

>>22039472
this is so delusional lmfao

>> No.22039582

Does no one remember that we had someone saying 13 silver oz is all it takes to make it. For like months.

>> No.22039814
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22039814

hi frens, OP is a literal shitposting/disinfo retard that likes breaking the 1933 Securities Exchange Act. Please refer to /pmg/ for basic info and honest speculation.

>>22028985

>> No.22040592
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22040592

>>22039492
He's literally dumb enough to believe that basically SDRs or some mystery 'basket of foreign fiat' would be the standard, in the event of a USD collapse. The faggot doesn't seem to get that of all the fiat garbage, the USD is still the strongest one and will fall last. By the time you wanted to switch over to SDRs they would have to be backed by something real to get any kind of buy in, and at that point you may as well say fuck it and go LMU with accepted international PM coin standards.