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/biz/ - Business & Finance


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24498948 No.24498948 [Reply] [Original]

LIQUIDATE THE FED AND END THE KEYNESIANS Edition

Bullion dealers
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https://bgasc.com/
https://providentmetals.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://gainesvillecoins.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/
https://silvergoldbull.com/
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)
https://www.gold.de/aufgeldtabelle/ (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/

Previous Thread:
>>24483224

Ron Paul's book:
https://www.amazon.com/End-Fed-Ron-Paul/dp/0446549193

>> No.24498974
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24498974

First for Daniela

>> No.24498989
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24498989

>> No.24499060
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24499060

>>24498948
i really do enjoy laughing at all you pathetic silver stackers. i own a metals recycling company and i’ve been in the mining business for 30 years now. you people are the most pathetic i have seen in a long time. none of you will ever be as successful as me no matter how much worthless silver you have.

>> No.24499139

>>24499060
Ok there Glowie. We can see you are with you buddies at the table in your sunglasses. Why should we care about you? Why are you here not on cryptocuck's on the entire channel of /biz? Imagine getting payed to demoralize, and hop on JP morgan's fat asset book while you are not able to stack.

>> No.24499142

>>24497867
>>24498088
What PM / macro podcasts and social media sources do you guys follow? I would like to do more of my own research as well

>> No.24499193

>>24499142
I'm thinking of updating the OP. We need somethings for the actual bull case of PMs, and some mining stock links for mining anons. Some of our links will need to be consolidated into the collapsable links grouped together.

https://www.lynalden.com/reasons-to-buy-gold/
(absolutely clear case for gold.)

https://www.goldventures.org/
(GV is always up to date and consistently has picked winners, while sharing his portfolio.)

https://www.youtube.com/channel/UC6X0ttmzTAJt_2ebcqcIbYw
(palisades radio, consistently one of the best interview shows out there. 10/10 expert guests)

https://www.youtube.com/user/cambridgehouseintl/videos
(cambridge house, lots of interviews with mining executives, legends, and videos from Vancouver Resource Investment Conference which are priceless)

https://www.youtube.com/watch?v=gksenA5Al_A&ab_channel=RealVisionFinance
https://www.youtube.com/watch?v=i3S4rl6ehiI&ab_channel=RealVisionFinance
https://www.youtube.com/watch?v=UFKEOR88ovI&ab_channel=RealVisionFinance
https://www.youtube.com/watch?v=1NMTerTIqVk&ab_channel=RealVisionFinance
(Real Vision's introduction to Gold miners, silver miners, gold royalties, precious metals)

>> No.24499260

>>24499142
I have some streams coming in from PM side and macro side.
George gammon is a good way to get a combination.
Greggory mannorino is a great at telling the lies from the mouth pieces.
Then I have Grant Williams podcast online for consolidation of knowledge from different prospective.
Then Eurodoller university from Alhambra investments.

>> No.24499376
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24499376

Post stacks, dubs for silver price by January

For me, it's $50/oz

>> No.24499379
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24499379

>>24499139
I think whoever is posting as Big Bob is doing it to troll, remember how bob said he didn’t stack silver because only stupid people do that? Yet he used SILVER quarters to cover up his DD-214, pic related. Probably a zoomer faggot using his dads form and the images of him are from a random Facebook boomer. Plus he refuses to post a time stamped photo of himself

>> No.24499382

>>24499193
>>24498948


Here's a few more links for the OP and people who want to learn.

https://www.youtube.com/channel/UC9Xnap-g3EZuddiUeauMlNQ
(Mining Stock Education, 1 on 1 interviews with CEOs and mining stock experts)

https://www.youtube.com/channel/UCc0h6rwJD4vr_Rtdasuyn-w
(Crux investor, 1 on 1 "hard" interviews with CEOs about their companies and projects. Huge catalogue of companies and they're constantly pumping out more)

https://ceo.ca/
(for mining stock discussion)

http://www.kereport.com/
(Daily interviews with CEOs, mining stock experts, etc)

also whatever the fuck the Rick Rule email is for emailing in your resource portfolio

>> No.24499392

>>24499376
14 for silver 1200 for gold 20,000 btc 2000xrp

>> No.24499409

>>24499376
sweet stack and impressive turbo autist arrangement

>> No.24499418

>>24499376
Poured silver....So tasty. Do you have some junk silver or generics?

>> No.24499437

>>24499376
$26

>> No.24499465
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24499465

>>24498948
congratulations op.
you didnt fuck it up

>> No.24499468
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24499468

>>24499060

>> No.24499505

LETS GOOOOOOOOOOO

>> No.24499513
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24499513

>>24499376
$15
>cheapies please

>> No.24499546

>>24499379
Congratulations retard, you finally figured it out. This is why I love messing with you losers, I get so many (You)’s it’s ridiculous. I’ll continue to post as several different people you hate just to watch you squirm and be a fucking loser like everyone in here

>> No.24499565

I’m not rooting for silver price, I’m rooting for gold:silver ratio and you should also

>> No.24499591
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24499591

>tfw I find out that the Mafia used to offer loans at 1% interest

When the fuck did actual criminals become more generous than banks. Fucking sheesh

>> No.24499673

>>24499591
Don worry bout it.

>> No.24499678

>>24499591
They made it back in protection money or favors but yeah kinda wacky eh

>> No.24499693

>>24499565
Give me another week pls. Visiting new LCS

>> No.24499701

>>24499139
>>24499379

Who cares lol. Just let time do the talking. If you're getting baited you're probably insecure on the bull case and haven't done your DD. At worse just use the hide function. Trolls just want your response and attention its the same shit everywhere on the internet.

>> No.24499705

Was wondering about something from an anonymous, unfiltered perspective. I've got a bit in TSX:QRC, mining financing company. Guy behind it has been raising money for mining projects for decades. It's obviously in its early stages but he has the connections to grow it much further.

Have any anons heard about it, have opinions on it, etc?

>> No.24499751

>>24499705

Under their investments page it only lists Isoenergy and Nexgen. I'm sure they've done more but those two are tier 1 investments for the coming uranium bull cycle next decade and will fetch insane prices.

>> No.24499811

KLONDIKE PLEASE GO BACK DOWN I NEED MORE 100X TICKETS AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.24499814

>>24499673
Ay Ton, you mean to tell me these kikes are giving loans at 15% APR?
Fuggit about it

>>24499678
Unironically, they were good for neighborhoods and businesses.

>> No.24499844
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24499844

>>24499392
>2000 XRP
This would make me happy

>>24499409
>turbo autist arrangement
Indeed, I went full "product photography" mode on this one

>>24499418
Nope, this is my whole stack. Would like more but you know how it is. I do have an equally sizable portfolio in mining stocks though. FCX has been a huge performer for me, up 50% on my initial investment in like 3 months.

>>24499513
>cheapies
booooooooooooooooooo my mining stocks need big green candles


Also rolling again for $50 silver

>> No.24499854

>>24499546
Am I the only one that saw this?

>> No.24499855

>>24499844
Checked.

>> No.24499860

>>24499379
>remember how bob said he didn’t stack silver because only stupid people do that? Yet he used SILVER quarters to cover up his DD-214
is three quarters really a stack, or just what some boomer might find with a metal detector?

>> No.24499878 [DELETED] 

>>24499854
You're the only one that cares

I've always said I'm most of the people here.

>> No.24499904
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24499904

>>24499844
$50 silver by January confirmed, we're all gonna make it frens

what would that put gold at... $3k?

>> No.24499945

>>24499844
CONFIRMED
TRIPLE DOUBLE IN ID

>> No.24500011

>>24499878
So you admit you’re not the redheaded boomer in those photos, just a schizophrenic troll?

>> No.24500043

>>24499855
>>24499844
Moon mission confirmed, Houston. We are a go to launch.

>> No.24500048
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24500048

>>24499854
He admitted to doing this a while ago. You just start subconsciously ignoring him after a time.

>> No.24500089

>>24500011
I'm more than one person.

>> No.24500119
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24500119

Making America Greeat again

>> No.24500141

>>24500089
I don’t care how many people you are, answer the question. Are the person in those photos?

>> No.24500190
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24500190

>>24499844
witnessed

>> No.24500235
File: 183 KB, 1200x900, Bull River Mine portal Cranbrook Braveheart Resources.jpg [View same] [iqdb] [saucenao] [google]
24500235

So i went looking into the history of the Bull River Mine near Cranbrook, the one owned by Braveheart Resources. It appears there have been multiple bankruptcy cases and insolvency reports on multiple companies involved in the project from about 10 years ago, but its hard to figure out what actually went wrong. It looks like project management bit off way more than they expected and couldnt run any part of the operation efficiently. Theres also a court case listed that showed up on google to do with contractors on site stealing copper cable from the project. The company CuVeras LLC went insolvent due to this project. Interesting reading but nothing more current than 7 years ago. I will keep looking but the trail goes cold fast sometimes with these companies that vanish off the face of the earth.

>> No.24500311
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24500311

At what point of the dollar's collapse will metals moon?
>2 1/2 year low

>> No.24500336

>>24500235
better than Aurcana's mine I guess, what was their last BK, 8 years ago? 2 men dead and 22 critically injured?

on the plus side a bankruptcy from accidental death is not a real concern for the future assuming they fix the systemic problems that allowed it.

>> No.24500391

>>24499142
/pmg/ and some youtube videos every now and then, plus browsing ceo.ca. Aside from those I just do my own research. The places I go are more for finding companies and information but I never invest before doing thorough due dilligence by myself. Once I find a company, I go through their financials, corporate presentation, projects, share valuation and recent news at least. I also like to look at sentiment and see if there is something I missed or something that others who understand things a bit better say at ceo.ca since I'm still learning a bunch. As for how to do DD, I've posted links about mining-related basics and made posts about basic financial analysis but I'll spare you the spam now.

>> No.24500427

>>24500336
that was a pretty serious incident and yes from the sounds of things Aurcana did work on the problems that caused the accident but I would need to dig further into the records to see the exact actions they took. I am still very cautious with this Bull River Project though, the fact I cant find recent info at all, I need to dig deeper on this one, somethings not right about this project i can feel it.

>> No.24500446

>>24500336
Answer the question >>24500141 Big bob

>> No.24500477

>>24499193
>>24499382
Guess we should make a pastebin for mining/pm related media sources as well as another pastebin for mining-related DD guides to help people since these are things often discussed here. I've some links related to the latter but I'm not on my computer right now so I can't post them.

>> No.24500478

>>24500311
How low can it go?

>> No.24500521

>>24500391
>I'll spare you the spam now.
it would be better than the actual spam here
>>24500427
I always wonder if they're farming out a lot of contracts to smallish companies that then declare bankruptcy.
This is a pretty well-known scam among contractors, (kickbacks, highballing, running the company as your personal piggy bank, etc)
It's getting harder to do but it used to happen a lot.

>> No.24500549

>>24500521
Why are you avoiding the question >>24500141 like a coward?

>> No.24500581

>>24500235
Thank you for following up so quickly Pan Man! Yeah CuVeras rings a bell, I guess it was in the corporate presentation or the NI 43-101 RE

>> No.24500596

>>24500549
it's not a question
>Are the person in those photos?
are the person in those photos what?
learn english, moron

>> No.24500640

>>24500427
Yeah something rubs me the wrong way too, about the company more so than the mine itself but still. The insider buying & selling, the inaccuracy of the information, the seeming lack of transparency regarding the project estimates...
>>24500521
I've posted those links a couple of times. Last thread somebody thought that me posting an image of the Lassonde Curve was too spammy too lol.

>> No.24500655
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24500655

>>24500596
Alright Bob, I’ll dumb it down as much as I can. Is the person in this photo you?

>> No.24500786

>>24499376
$27.50

>> No.24500806

>>24500655
>I’ll dumb it down as much as I can
let's be fair, the way you asked before was much dumber.

>> No.24500823
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24500823

>>24499376
$17

>> No.24500947
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24500947

>>24500823
>17
I would apply to extend the credit limit of my card and then proceed to

>> No.24501047
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24501047

>>24500947
Basado

>> No.24501259
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24501259

too lazy to watch the whole youtube vid in the last thread
did they say what kind of rock this was?

>> No.24501287
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24501287

Who buys bonds and why?

>> No.24501423

>>24501259
probably epidote or a similar stone, neat to rock hound for but not worth a lot usually.

>> No.24501431

>>24501287
The Fed does.

>> No.24501689

>>24501287
You actually make money selling bonds with negative real yields later on if the real yields on future bonds are even lower (more negative)

>> No.24501839
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24501839

>>24499376
>dubs for silver price by January
1 ounce 3 acres of land in rural Maine. Dollars screwed senpai check’em

>> No.24501846

>>24501287
Pension funds, banks

>> No.24501896

>>24500427
What company is it? Bull River or is that the project name?

>> No.24502166

>>24501896
The modern operators called Braveheart Resources, their main projects called Bull River.

>> No.24502175
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24502175

Appreciate the comfyness here bros

>> No.24502279

>>24499376
$35 an ounce, and that's conservative

>> No.24502323

>>24502175
Picked myself up a small bag of blowjobs this weekend. Real comfy hours posting here lads.

>> No.24503061
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24503061

>>24499811
fuck, I just got my paycheck and they went +40% the same day, they better go back these fucker have been at these price for 6 month. I would feel so fucking cucked

>> No.24503200
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24503200

>>24502323
Cheers its pretty goddamn funny here too

>> No.24503384

>>24501287
Speculators.

They buy bonds not for the yield, but for the capital gains.

If you buy a bond at certain yield, and turns out yield goes lower, people consider the bond that you have to be better than what is available in the market, so its price goes up.

So bonds are no longer used as a hedging asset, but as a speculation.

>> No.24503455

>>24503384
Ok so let me see if I get it.
I buy a 10 year bond with 100k, and let's say the current yield is 3%, so in 10 years time I get back 103k. Let's also say that in 5 years time, yields have dropped to 2% on a 10 year bond, meaning they'd get back 102k.
Is the idea that someone be willing to buy my 10 year bond for 102.5k or something like that?

>> No.24503496
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24503496

>> No.24503503
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24503503

>>24503496

>> No.24503517

>>24503455
$100,000 in a 10-year bond with a 3% yield will give you $30,000 of interest over 10 years. If the interest rate were to immediately drop to 2% right after you bought it, you'd be able to sell the bond for approximately $110,000.

>> No.24503573

>>24503517
I see, so are corporate bonds dependent on company solvency? i.e. if a company goes bankrupt and you hold their bonds, are you screwed?
>you'd be able to sell the bond for approximately $110,000
Ok so do people usually buy bonds speculatively, or is it more of a hedge?

>> No.24503642 [DELETED] 

>>24500011
oy vey my post is gone!
Did this IP get banned?
let's test that

>> No.24503649

>>24503573
If a company goes bankrupt and you are a bondholder, you may or may not lose money. It is entirely dependent upon what price you paid for the bonds and what the company's assets can be sold for, assuming you go for a liquidation. If the company is otherwise fine, ignoring lousy management and an untenable debt load, then the bondholders might be far more interested in taking over the company, wiping out the existing shareholders, replacing all management, and then recapitalizing the company.

People buy bonds because they offer steady income and safety of principal. If a company gets wiped out, stockholders most likely will lose 100% of their money. When it liquidating a company and paying the owners of the company, bondholders must receive all of their principal back before stockholders begin receiving anything.

In the past, before the Fed lost control of monetary policy, owning US Treasury bonds were a good hedge against severe stock market downturns. This is the basis of the 60/40 portfolio.

>> No.24503698

>>24503573
So in your original question, $100,000 in a 10-year bond paying a 3% coupon could be sold for approximately $105,000 if, after 5 years, interest rates for a 5-year bond falls to 2%.

This means the bond investor gets 5 years of coupons at 3%, or $15,000. He then gets $105,000 for selling the bond after the fifth year. His total profit is $120,000 for a 5 year investment. He actually earned 4% per year in simple interest thanks to the appreciation of the bond.

The longer the duration of the bond, the more sensitive it is to interest rate moves. If you had a 20 year bond paying 6% and the Fed drove the interest rates to 1%, you'd come close to doubling your money if you sold the bond.

>> No.24503783
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24503783

>>24498948
whats the thoughts on Platinum's move lately?

>> No.24503878

>>24503783
I’m guessing it looks like a cheaper safe haven than gold so people are buying it up.

>> No.24503931

>>24503783
Not sure about globally, but in the US Biden's election is bad for mines and good for platinum consumption. The left's platform is essentially environmentalist so they want to close down mines while magically using much more platinum for auto emissions, green electricity, and water treatment.

this combo is bullish in almost every possible way. Also china is now ramping up factory production even though mines have been producing very little for the last 9 months. Industrial metals are about to go up I'd guess.

>> No.24503937

>>24503783
>>24503878
its also likely industrial production ramping back up has brought demand back.

>> No.24504084

>>24503937
this is honestly what I'm betting on right now. Higher demand plus inflation driving costs up at the same time.

>> No.24504100

OOOOOOO

>> No.24504149

>>24503783
Silver's far less manipulated cousin.

>> No.24504541
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24504541

anyone else buy EGMCF at the peak

>> No.24505120 [DELETED] 
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24505120

Your daily reminder not to trust Hitlerites and Greenbackers.

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

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

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

>> No.24505321

>>24503649
>>24503698
Thanks mate, that's helpful. So in the context of corporate bond yields being incredibly low, what does that mean for your standard investor? You start looking somewhere else to invest, because you obviously want a return that beats inflation? What are the consequences of this for companies, no one wants to buy their bonds and that's why the Fed steps in to buy them and effectively creates public debt?

>> No.24506112
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24506112

Platinum is in, I repeat, PLATINUM IS IN!!!

>> No.24506538

How long until the comex default?

>> No.24506762

>>24506538
If dubs then next week

>> No.24506856

>>24503573
IDK what it is now, but I read a source that the average holding period on a 30 year treasury used to be 30 days

>> No.24506865

>>24505321
The standard investor will be faced with a period of low returns in traditional investments as central banks distort markets in an effort to force people to put their money elsewhere. The low rates start in sovereign bonds, which in the US are considered the "zero risk" asset. The central banks claim to want to a certain level of inflation and that inflation will not come to pass if everyone keeps his money in US Treasury bonds or government insured savings accounts. Thus, lowering the interest rates to zero force the money to go else where: corporate bonds, equities, or consumption. The Fed cannot precisely target where people will put their money after being chased out of US Treasuries so you end up with malinvestment.

The consequence of a zero interest rate policy (ZIRP) for corporations is that they are able to borrow money at abnormally low rates. This could be a good thing in that wisely borrowed money can be used to fund R&D and infrastructure. Essentially, private investors are forced to subsidize corporations which is already a bad thing because it is only typically the largest, best capitalized that get the cheapest capital.

However, the situation is quite a bit more dire because many companies are borrowing money to buy back stock and engage in other financial engineering games. I suspect no one knows precisely how this is all going to end but it is almost certain to end badly.

>> No.24506945

maybe I’m just a smooth brain but I’m having a hard time seeing gold and silver go anywhere’s but down
everyone hates gold, governments, media, central banks, funds, investors, etc.
literally no one except us few want gold to moon
also governments, media, hedge funds central banks and corporations are now pushing Bitcoin as hard as they possibly can
they would rather the dollar dies and Bitcoin become the new standard than the dollar surviving but pegged to gold
absolute insanity

>> No.24506992

>>24506945
>everyone hates gold
That's a moronic statement.

>> No.24507017
File: 137 KB, 691x997, japanese office girls.jpg [View same] [iqdb] [saucenao] [google]
24507017

>>24498974
First for supple japanese office girls

>> No.24507026

>>24506945
Why would the government want you to use bitcoin instead of fedcoin

>> No.24507075

>>24506865
The Fed was forced to buy bonds or at least threaten to buy corporate bonds earlier this year precisely because corporations have leveraged their balance sheets and would have gone bankrupt due to reduced revenue and profits courtesy of the China Virus coupled with an inability to borrow money at higher rates.

It is my belief and the belief of many other professional money managers that the Fed will eventually be faced with a "Sophie's Choice" type situation: defend the USD or risk runaway inflation. Defending the USD means raising rates and removing money from circulation through sales of bonds the Fed has bought. In all likelihood, this will cause a crash in the grossly overpriced equities markets and will ripple through to other assets. Remember, when interest rates rise, that means bond prices are falling.

What can investors do? I'm of the belief that overpriced equities absolutely should be avoided and the money not invested should be kept in government-insured savings accounts or short-duration US Treasuries (bills). Skilled investors who can find sanely priced equities can invest their money in those. Likewise, those investors who belief themselves skilled enough to quickly navigate markets can choose to play in the bubbles. However, it is true that people playing in an asset bubble often fail to realize it's like a wild party in a large room with only one door. When a fire breaks out (bubble pops), everyone rushes for the exits but the vast majority of the people don't get out and get burnt to a crisp, which is exactly what people experienced in the dot-com bubble of the late 1990s which popped in March 2000.

>> No.24507124

>>24506945
>governments hate gold
Own half of worlds gold and just repatriated it from failing economies of UK/US

>> No.24507176
File: 381 KB, 1000x731, Bernake_on_game_night.png [View same] [iqdb] [saucenao] [google]
24507176

>>24499376
>Post stacks, dubs for silver price by January
>For me, it's $50/oz
>>24507075
>The Fed was forced to buy bonds or at least threaten to buy corporate bonds earlier this year precisely because corporations have leveraged their balance sheets and would have gone bankrupt due to reduced revenue and profits courtesy of the China Virus coupled with an inability to borrow money at higher rates.
>It is my belief and the belief of many other professional money managers that the Fed will eventually be faced with a "Sophie's Choice" type situation: defend the USD or risk runaway inflation. Defending the USD means raising rates and removing money from circulation through sales of bonds the Fed has bought. In all likelihood, this will cause a crash in the grossly overpriced equities markets and will ripple through to other assets. Remember, when interest rates rise, that means bond prices are falling.
>What can investors do? I'm of the belief that overpriced equities absolutely should be avoided and the money not invested should be kept in government-insured savings accounts or short-duration US Treasuries (bills). Skilled investors who can find sanely priced equities can invest their money in those. Likewise, those investors who belief themselves skilled enough to quickly navigate markets can choose to play in the bubbles. However, it is true that people playing in an asset bubble often fail to realize it's like a wild party in a large room with only one door. When a fire breaks out (bubble pops), everyone rushes for the exits but the vast majority of the people don't get out and get burnt to a crisp, which is exactly what people experienced in the dot-com bubble of the late 1990s which popped in March 2000.
What would happen to PM's in this situation of the 'everything' bubble popping?

>> No.24507207
File: 126 KB, 736x1105, 1514559598306.jpg [View same] [iqdb] [saucenao] [google]
24507207

>>24507017
why are they so perfect frens ?

>> No.24507209

>>24507075
>What can investors do? I'm of the belief that overpriced equities absolutely should be avoided and the money not invested should be kept in government-insured savings accounts or short-duration US Treasuries (bills).
Your solution is to pick one of the two outcomes that results in large permanent loses?

>>24507176
Prices would fall immediately because of liquidity squeeze and traders meeting margin calls. Over time, prices would rise because people would fear bank failures and the FDIC is as big of a bubble as the bond market. IF you own allocated gold there is no risk of the gold defaulting and you being left with an insurance claim against an insurer with no money (the FDIC). Gold and silver would outperform equities by a lot in the short run. BTC would crash under 1,000

>> No.24507239

>>24506538
People have been saying it’s gonna default any day now for over 20 years, it’s never gonna happen

>> No.24507272
File: 78 KB, 850x400, 789CF6ED-E653-40E3-B96A-1A5D1EBF0CD2.jpg [View same] [iqdb] [saucenao] [google]
24507272

>>24498948
AnCap bro’s I don’t feel too good...

>> No.24507292

>>24507075
ZIRP exists to torture those who do not play in the Fed's rigged casino. Unlike in the previous two bubbles, the Fed has actually gone to extraordinary lengths to extend this bubble. No one knows the precise reason why the Fed has intervened to extend this bubble unlike the previous two. However, I suspect it's because even people as stupid as the PhDs at the Fed eventually learn something after having engineered two of the largest bona fide (it is now acknowledged by those knuckleheads that the dot-com and housing bubbles were indeed bubbles) bubbles in recorded history over the past 20 years. We are now in the third major bubble in 20 years and there is no precedent for this. Historically, major asset bubbles require at least twenty years between bubbles. It takes special "talent" to have created 3 major bubbles in 20 years.

Jeremy Grantham has called for having as little invested in US equities as possible as he believes we are in the terminal stages of this bubble. Grantham's opinion is not one to be taken lightly as he is one of the very few investors who is not a permabear and has actually avoided gettng destroyed in three major bubbles: Japan, dot-com, and housing.

For those who cannot bear to be in cash or Treasuries, Grantham's recommended investments are emerging market equities, especially emerging market value equities. I suspect that if there is a crash, even these stocks will go down but they will recover at a far faster rate than the S&P 500, NASDAQ, Dow Jones index. If one does buy into EM stocks, though, one must have nerves of steel in the event of a crash. I find it difficult to believe they will not also crash if we get a market crash and it's possible they'll fall as much or even more than the S&P 500. The value stocks are particularly cheap so maybe that won't come to pass. However, that's an argument for having a large cash position. If the already cheap EM value stocks become insanely cheap, buy and don't get shaken out

>> No.24507317
File: 1.18 MB, 232x232, 20201120_145518.gif [View same] [iqdb] [saucenao] [google]
24507317

>>24507209
So the best position would be cash to buy up everything like we saw earlier this year with 'rona?

>> No.24507376

>>24507207
They're not, the one on the right is pretty cute though

>> No.24507395

>>24507292
>Grantham's recommended investments are emerging market equities, especially emerging market value equities.
The only problem I have with this is how much funding comes from IMF/USAIDS in these countries. Obviously "value" EM stocks should have enough cash to survive, but EM stocks are still trading at 10-15x earnings. Would still get hit if "it" happens.

>>24507317
depends on "cash". "cash" in a bank account is a very bad choice because like I said. If everything pops, banks are fucked beyond belief and the FDIC insurance is a meme. If the fed lets it pop, they also have to let the FDIC fail. All I can tell you to do is what I've done. Puts on long bonds, buy physical gold and silver. If you're playing this correctly, you should assume an equal chance of the fed letting the dollar fail to save the banks/gov ad the fed letting the banks/gov fail to save the dollar. The primary emphasis should be surviving without impairing capital. The other guy saying EM value is right that it is a better idea than holding cash, if you believe in the "sophies choice" problem.

>> No.24507421
File: 60 KB, 526x701, 119487919_10158469274451023_4856023530442193590_o.jpg [View same] [iqdb] [saucenao] [google]
24507421

>>24507292
Thanks fren, I see the bubble too and I am roughly 30/60/10 equities, cash, physical pm.

Been considering pulling out the equities on my cash account and even borrowing against my 401k considering the markets have recovered and I see the bubble popping in the next few years. But that depends on if the fed continues to pomp the bubble even more or if they are out of tools to intervene further at this point.

My dream is to buy some land in the country and get as far away from this clown world were in today. I realize today based on inflated prices I'm not going to be able to make it happen. What happens to RE when the bubble pops? Cheapies?

>> No.24507425
File: 63 KB, 955x462, 15.jpg [View same] [iqdb] [saucenao] [google]
24507425

IT'S HAPPENING

>> No.24507455

>>24507176
>What would happen to PM's in this situation of the 'everything' bubble popping?
I suspect what will happen is an all-asset down scenario, meaning that PMs will fall quite a bit in price. This is dependent upon how quickly and strongly the Fed responds to a crash, though.

In the event of a crash, all assets will fall in price with the exception of the absolute safest investments and assets which were used in carry trades and must be repaid. In the housing bubble, that meant that the only assets that did not crash were US Treasuries and Japanese government bonds.

The Fed will try a monetary intervention to reflate assets at which point PMs should recover at least some of their losses. I'm not certain if they will go wild or not as owning PMs is an insurance policy against utter monetary chaos when the Fed cannot stop the damage in the markets without destroying the USD. Remember, corporate balance sheets are grossly overleveraged thanks to cheap debt. They will not be able to issue new bonds to pay existing debt and the commercial paper markets could also seize up.

There's an idea that the Fed will buy stocks as what we've seen is that they have bought crappier and crappier assets with each bubble. Prior to the dot-com bubble, the Fed only bought US Treasury debt which is actually the law as the Fed is not allowed to buy crappier assets. After the housing bubble bust, you had the Fed buying Fannie Mae and Freddie Mac paper, which prior to the housing bubble bust was NOT guaranteed by the US government. Earlier this year, the Fed started buying corporate debt in the wake of the crash caused by the China Virus.

What's next? The Fed could buy junk bonds and, finally, equities. With each major wave of market disruptions, it is clear fact that the Fed is buying lower on the liquidiation stack.

>> No.24507516

>>24507209
Wrong, we saw a blackswan and liquidity crisis in March. gold and especially silver crashed with everything else

>> No.24507530

>>24507209
>Your solution is to pick one of the two outcomes that results in large permanent loses?
You have PMs to insure yourself of getting totally blown out if the paper money goes to utter shit. When you have a crash, the value of paper money typically goes up (your purchasing power increases) as people who have overleveraged themselves need money to service their debt and people who have bought overpriced assets want to sell to avoid taking further losses.

That's the general dynamic although it may not hold if another crash occurs as the Fed's actions have been increasingly unorthodox and extreme.

However, it would be tremendously painful for the Fed to allow the USD to go to utter shit. I suspect that it forced between choosing an incredible crash in asset markets or total destruction of the USD, the Fed will allow for a crash with selective bailouts of privileged entities. This should result in opportunity for those holding cash to buy assets cheaply.

Again, the PMs are a hedge to ensure that you don't get BTFO for holding a good slug of cash.

>> No.24507537
File: 103 KB, 423x669, DOMP EET.jpg [View same] [iqdb] [saucenao] [google]
24507537

>>24507455
Thank you smart friend, I will read through what you've shared a few times to get my head around it better, but this has been a big help, I've never quite understood the full purpose of bonds til now

>> No.24507555
File: 43 KB, 841x570, 342324.png [View same] [iqdb] [saucenao] [google]
24507555

Bullish pattern forming

>> No.24507594

>>24507516
>Prices would fall immediately because of liquidity squeeze and traders meeting margin calls.
>Wrong, we saw a blackswan and liquidity crisis in March. gold and especially silver crashed with everything else
????? And I'm talking about the fed throwing in the towel here, not garden variety squeezes. I'm talking about long bonds going no bid for an hour at a time.

>> No.24507611
File: 98 KB, 410x409, 1560012239828.gif [View same] [iqdb] [saucenao] [google]
24507611

>klondike

thank you based miner anon.

>> No.24507636
File: 1.53 MB, 1125x2436, FED strategy 2020.png [View same] [iqdb] [saucenao] [google]
24507636

threadly reminder

>> No.24507677

>>24507611
So you're the fucker not willing to sell me some share? Trying to buy 22k share, no one sell. I'm patient though, this stock goes up and down 40% every 2 day.

>> No.24507749
File: 142 KB, 1522x710, 7yrForecast.png [View same] [iqdb] [saucenao] [google]
24507749

>>24507395
>The only problem I have with this is how much funding comes from IMF/USAIDS in these countries. Obviously "value" EM stocks should have enough cash to survive, but EM stocks are still trading at 10-15x earnings. Would still get hit if "it" happens.
The emerging market index does have a bunch of shitty countries' stocks in them but if you look at the allocations, the vast majority of the money is invested in China, Korea, and Taiwan. These countries, to the best of my knowledge, do not receive foreign aid from the US. Grantham has stated that over 50% of world GDP comes from emerging markets and they are the fastest growing markets.

Europe is lucky to get even 1% GDP growth in the future and the US is looking at maybe 1.5% GDP growth.

You're right about many EM stocks having PE ratios that are kind of high but they're still cheap compared to the US. Grantham is really pushing EM value stocks, though. His firm, GMO, projects that EM stocks will have about a 2.5% (0.5% real) compounded rate of return over the next 7 years. However, they project EM Value to return about 11% (9.1% real) over the next 7 years. That is a huge difference between all other other major asset classes.

>> No.24507766 [DELETED] 

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All features without any water! I’m glad to share Rubic platform with you, guys. Use RBC and let’s go to the moon!

>> No.24507776

>>24499376
$11

also, really not liking the look of those bars, they look like someone just took a slab of metal and stamped it as silver, good luck selling them to anyone but an LCS

>> No.24507801
File: 81 KB, 936x583, Screen Shot 2020-12-03 at 20.31.39.png [View same] [iqdb] [saucenao] [google]
24507801

deflationary fags on suicide watch.

>> No.24507813

>>24507421
>What happens to RE when the bubble pops? Cheapies?
It's difficult to say because it depends on how successful the Fed and other central banks are at reflating the bubbles. The problem with real estate is that its price movements don't occur at the same speed as stocks and bonds. There is also a lot of private equity money getting into the slumlording business.

Keep an eye on interest rates. If the Fed is forced to keep interest rates high, it is pretty much guaranteed that housing prices will fall precipitously. About the only thing that could prevent that is if median wages go up a lot. Yeah, I don't think they'll allow that to happen.

>> No.24507879

Sunshine rounds are on sale for a 6% premium on JMBullion. Cheapest price according to findbullionprices.com

>> No.24507937
File: 297 KB, 500x374, 88WQFXx.png [View same] [iqdb] [saucenao] [google]
24507937

>>24507801
I need to see this fall below the 70's. I NEED TO WITNESS IT.

>> No.24508051

>>24507075
>risk runaway inflation
I should clarify on what I mean by this. I do not mean hyperinflation as that is almost an impossibility for the US. Most perversely, runaway inflation in the eyes of the Fed is substantial wage gains for the typical American. If the typical American starts seeing 8% - 10% wage gains year after year, it is almost certain that the Fed will crush this inflation by inducing a crash.

The median price of a car nowadays is about $30,000 which is about the median wage of a worker. The median price of a car was quite a bit less in 2000 and the median wage of the worker was about what it is today. In the Fed's eyes, that is not inflation. Likewise, Tesla stock at a sky-high P/E ratio, all-time highs in the major stock indices despite one of the worst economic environments in the past 100 years is not seen as inflation by the Fed.

>> No.24508207
File: 211 KB, 435x293, 644.png [View same] [iqdb] [saucenao] [google]
24508207

>>24508051
One of the reasons why cars are more expensive today is the additional federal standards imposed on them today. Think of safety/structural, backup cameras, tpms, emissions, fuel economy, etc. Mostly imposed during the obama years.

>> No.24508297

>>24506945

>also governments, media, hedge funds central banks and corporations are now pushing Bitcoin as hard as they possibly can

Because it's a trick, fren. It's a fake rebellion against the fiat system. They don't ban it outright because it's a useful distraction from gold, and they have all their influencers pushing it now, as gold threatens to break out of it's cage.

They know they can play shell games with derivatives and custodial wallets (e.g. paypal) to keep the price under control while absorbing any retail buy in, and then eventually swap the cattle over to a CBDC.

They will never directly admit their agenda, or what they don't want you to do. But look at what the media wants you to do, and then don't do it.

>> No.24508308
File: 108 KB, 994x1125, 1594160460079.jpg [View same] [iqdb] [saucenao] [google]
24508308

>>24508207
Forgot to also mention the anti crash avoidance systems, lane departure warning, and other computers in general on the average car today as well. Along with the 'infotainment' systems on modern cars today. These computers are what drives up the cost and also maintenance and cost of ownership further down the line in modern cars.

I will drive my early 2000s camry until it dies or some npc plows into me. Super comfy not even having tpms on this car and it's super cheap to keep running

>> No.24508310

>>24508207
Those are the rubbish adjustments (hedonics and such) that the bureaus use to hide inflation. Meanwhile, half gallon tubs of ice cream are 56 fluid ounces, jars of pasta sauce have shrunk, and the ingredients used in many foods are of noticeably lower quality than in the past all while prices have either stayed the same or gone up.

As someone pointedly retorted to Fed jackass William Dudley, "We can't eat iPads."

>> No.24508422

>>24508310
>As someone pointedly retorted to Fed jackass William Dudley, "We can't eat iPads."
No, anon, you will eat the bugs.

>> No.24508491

>>24508422
The reality is that the plebs will eat the rich. The rich today who are given the most media exposure are too stupid and uneducated to understand that.

>> No.24508565

>>24508051
>I do not mean hyperinflation as that is almost an impossibility for the US

why is it an 'impossibility'?

>> No.24508669

>>24507749

Personally I feel the best emerging markets are Russia and South East Asia.

Russia in particular I think will do very well over the next few decades, after the dollar and euro tumble. A stronger ruble hurts their gas exports, but their domestic consumer market could boom. Russian indexes are a good pivot out of PMs IMO.

>> No.24508702

>>24508565
I said *almost* an impossibility. Here are some reasons why it is almost impossible:

1. 8,300 tonnes of gold
2. Issuer of a major reserve currency
3. Technological powerhouse
4. Agricultural powerhouse
5. Largest economy in the world (2nd on a PPP basis)
6. All debt is denominated in own currency
7. Largest military on the planet

>> No.24508739

>>24508669
Russian equities are extremely inexpensive but the corruption and political environment are reasons why Russian equities are so inexpensive.

>> No.24508886

>>24503503
>>24503496
Hell yes mate. Very nice.

>> No.24508987
File: 41 KB, 567x568, 24.03.jpg [View same] [iqdb] [saucenao] [google]
24508987

those (((bastards)))

>> No.24509023

>>24508702
The dollar is about to lose world reserve currency status due to Triffin's dilemma

Even after US loses world reserve currency status, as there is no manufacturing base in the US, a weaker dollar won't transform US into a trade surplus nation that quickly. As economy is based on consumption, weaker dollar vs higher imports most likely results in hyperinflation.

>> No.24509135

>>24509023
>as there is no manufacturing base in the US
While a lot of manufacturing capability has been offshored, there is still a tremendous amount of manufacturing in the US. It's just that the goods produced are not the kinds of goods typically purchased by an average American.

So, no. This will not be a trigger for a hyperinflation.

>> No.24509250

>>24508702
>1. 8,300 tonnes of gold
hasnt been audited and they refuse to be audited, therefore it would be foolish to assume 8,300 is accurate. also as of now USD is totally unpegged to Gold, so its irrelevant anyway.
>2. Issuer of a major reserve currency
irrelevant, as above. USD has lost 99% of its purchasing power since 1913 and there has never been a 'world reserve' fiat currency, only precious metal backed currencies which have stayed stable
>3. Technological powerhouse
true in regards to the biggest technological equities being american companies, but if you're referring to technical productive capabilities, most of these companies goods are manufactured in china and they likewise have the ability to make their own products for their companies and consumers(although they cant seem to innovate anything themselves)
>4. Agricultural powerhouse
true
>5. Largest economy in the world (2nd on a PPP basis)
'''economy'''
>6. All debt is denominated in own currency
yes, debt in fiat that must be repaid back
>7. Largest military on the planet
not too sure how relevant this is unless the military can be used in a capacity that strengthens the quantity and quality of goods and services between US citizens(what the 'economy' actually is)

to be honest lad none of these points actually address why the USD, a fiat currency, cant be hyperinflated. I think you'll find in actuality not only can it be hyperinflated, but the process is already well underway.

https://www.goldmoney.com/research/goldmoney-insights/the-emerging-evidence-of-hyperinflation

>> No.24509260

>>24509135
Even if there isn't, for a 70% consumption economy to suddenly significantly replace that consumption with production, a deflationary collapse will happen.

If the deflationary collapse is in nominal terms, it's deflation.

If the deflationary collapse is only in real terms, it's high inflaton.

>> No.24509374
File: 168 KB, 354x362, Snapchat-483593618.png [View same] [iqdb] [saucenao] [google]
24509374

>silver in the red zone
yes, I like that feeling, give me more cheapiess on miners

>> No.24510204

>>24503496
>>24503503
Love these bars bud. Just bought my first one yesterday and I'm planning to make these about 80% of my stack moving forward.

>> No.24510681
File: 64 KB, 347x419, 1596652456293.jpg [View same] [iqdb] [saucenao] [google]
24510681

>Klondike hits 0.10 CAD

>> No.24510801
File: 21 KB, 255x255, 1606443468014.jpg [View same] [iqdb] [saucenao] [google]
24510801

>>24510681
It just went down. Hope it goes down a bit more

>> No.24510999
File: 593 KB, 1099x631, 62AB56ED-7F4B-4890-8173-2A89E3AF5EA8.jpg [View same] [iqdb] [saucenao] [google]
24510999

>>24510204
Good choice. They are quite satisfying. They are a little less than half my ag stack now. Best 10 ouncers in my opinion.

>> No.24511002

SMACK DOWN INC

>> No.24511033

>>24507801
>b-but Brent Johnson and Jeff Snider said
Don't get cocky now. It would be funny to watch johnson pay schiff a gold coin in january.

>> No.24511197

>>24510999
Every month I'm buying 5 oz of a round, and a 10 oz stacker like that. Just finished getting 25 Asahi rounds, now I'm going to move to get 25 Maples.

>> No.24511211
File: 105 KB, 400x400, 20_francs_napoleon_or.png [View same] [iqdb] [saucenao] [google]
24511211

The chad french emperor

>> No.24511281

>>24507801
Meh. This is macro, fren. Dollar is going to rally above 100 by sometime in 2021. I'm not sweating it. I will probably lose my January UUP bet, but my bigger play will win out. Nothing has changed. All that has happened is that they kicked the can a bit on the deleveraging. But it's unavoidable. Especially since the stimulus talk is so tepid. They don't want to spend anything near what they will end up having to. That gives lots of room for deflation to eat their shit.

>> No.24511318

>>24510681
Any news or are people grasping for straws?

>> No.24511327
File: 136 KB, 649x769, E0BC793D-C70B-42A4-A6AC-8DBFF1109912.jpg [View same] [iqdb] [saucenao] [google]
24511327

>>24507555
Checked

>> No.24511358
File: 172 KB, 900x900, 52651651.jpg [View same] [iqdb] [saucenao] [google]
24511358

>>24511211
a match if i do say so

>> No.24511431

Any fireworks coming at the end of the month? I'm referring specifically to comex deliveries.

>> No.24511462
File: 26 KB, 400x205, reser.jpg [View same] [iqdb] [saucenao] [google]
24511462

>>24511197
Nice. It'll add up in no time. Check out the Reserve rounds that Scottsdale has too. I grabbed some of the 2020 ones since this is a collectible year. The anti-counterfeit detail work is really something on these.

>> No.24511528
File: 300 KB, 991x828, 1604560559582.jpg [View same] [iqdb] [saucenao] [google]
24511528

>>24511281
all i read from this was
>my worthless paper is slightly more worthless
i get what your saying, but i dont see things just snapping back to normal or better

>> No.24511572
File: 811 KB, 899x550, francs hercules.png [View same] [iqdb] [saucenao] [google]
24511572

>>24511358
Sexy silver Hercules is in the game too

>> No.24511581

>>24511462
Good call bro, I may grab a stack of 25 of those sometime down the line. Thanks!

>> No.24511637

>>24502166
Cheers thanks pan man

>> No.24511675

>>24511528
No. That’s the point. The short term deflation we will see is exactly because things are NOT good and actually severely bad. We have a lot of dumb money trying to front run a “recovery” while the institutions are accumulating bonds with the view to rates going down. Ultimately, things will deteriorate faster than Congress will be willing/able to react. They will drag their feet every step and always do “just enough”, but it won’t be enough. We will ultimately get to a point where the Fed has to outright tell Congress, that if they don’t break the bank, deflation will take hold. It will take a big hurt for Congress to get the picture.

>> No.24511683

>>24508565
We have an massive ability to import goods, expansive amounts of highway infrastructure, massive amounts of coastline, massive amounts of river systems, massive amounts of railway.
Hyperinflations happen in areas where goods can disappear quickly (landlocked countries) with little ability to replenish them in a timely fashion.
I think China is looking at us printing up Trillions of dollars, and they could simply say "We want 40% more dollars to buy our goods." and prices rise drastically for imported goods.

>> No.24511931

>>24510999
Awesome stack. Have a couple of those incuse indian fractionals myself. Love how those look. If I could suggest anything for your next pickup though, I'd say get more 90% quarters. Can see you have plenty of dimes (may want more Rosies for weight), and even half dollars (might want to get more Franklins, also for weight), but a couple more rolls of Washingtons will help balance your Constitutional.

But where did you get your wheat cent rounds? The only ones I can see online has lettering that looks like ass on the reverse (they couldn't be bothered to even try matching the original design).

>> No.24512024

Man seeing these gains that were possible in March is unreal. Wish I bought some of these miners back then

>> No.24512086

>>24511318
No idea, I'm just holding

>> No.24512321
File: 126 KB, 899x554, GSMWheat.jpg [View same] [iqdb] [saucenao] [google]
24512321

>>24511931
Thanks. I was actually working up the nerve to get some Canadian silver dollars as my next buy. I like the straight conversion of 0.6 ozt per coin and was fiending something different in my Constitutional, but not too obscure. I'm from a state on the Canadian border so they are familiar enough. I actually had a lot of Washingtons and Franklins, but they were casualties of the ebbing and flowing of my stack over the years. Couldn't bear to part with the Mercs and all the Walkers.

The fractionals you see there are Golden State Mint. Both are incuse (but some in there are indian nickel head). They used to put the wheat penny design for all the reverses of their rounds. I just went and looked and it looks like they only now have it on a couple designs. The incuse indian fractionals now have the matching reverse of the quarter eagle. I don't know when they changed, but I bought like maybe 8-10 years ago. I had a bunch more, but those too met the LCS over time.

Pic related is one available. Premiums are higher than they used to be, but they are still some nice mint work.

>> No.24512702

>>24512321
Also, I want to caution anyone about fractional silver. It's neat. I used to have a fair bit more, but sold it and keep only a little bit for novelty's sake. At the end of the day, fractional silver bullion (999), does not feel satisfying to me to hold. It feels cheap. Even a half ounce is pushing it. But the quarter and tenth oz are even worse. If you are thinking about small denomination, just stick with Constitutional. It's more recognizable, doesn't have the high premium, and alloy coins are simply made to circulate and be handled. Just my 2 wheat cents.

>> No.24512763

>>24512321
That's exactly the one I said had low-effort lettering though. Also know about the incuse indians, as I have the 1/4oz and 1/10oz versions (those look much better, IMO).

>>24512702
Hey, you won't hear me contradict you. Premiums on fractional silver ARE insane... good thing none of my fractional rounds cost me anything.

>> No.24512880

>>24512763
I see. I agree that the half Oz one looks too big for the design. It does look better on a smaller round.

>> No.24513098

Its over

>> No.24513163

>>24513098
get a grip, btc is about to fucking implode. just wait a few more days.

>> No.24513186

>>24498948
I’m a Keynesian and stack silver, you Austrian faggots mad?

>> No.24513501

>>24507207
it's because you're used to seeing hollywood trannies

>> No.24513862
File: 1.27 MB, 1100x1078, Screen Shot 2020-12-01 at 1.33.57 PM.png [View same] [iqdb] [saucenao] [google]
24513862

>>24498974
PHYSICAL

>> No.24513889

>>24508702
This. It's not that the US won't get inflation, but not hyperinflation, leave that to third world countries and war losers. Speaking of war, if Biden gets in that will be one of his firsts acts to quick start the economy.

>> No.24513938
File: 31 KB, 223x359, 0D3D8984-A017-4BA9-96F7-0191C2C24606.jpg [View same] [iqdb] [saucenao] [google]
24513938

>>24513862

>> No.24513947 [DELETED] 
File: 1.53 MB, 2132x1600, 8.png [View same] [iqdb] [saucenao] [google]
24513947

Fellas, looked through duckdao.io, the first crypto incubator with a different connected platforms? What can you say about it?
Is it a good solution to play in DuckDAO Hunter Season?

>> No.24513978

>>24513862
Is Lynette the secret player taking comex deliveries?

>> No.24514048

I've never bought silver or gold before, any good recommendations??

>> No.24514049
File: 2.57 MB, 4096x2304, Ejg9eTQU0AEWc5q.jpg [View same] [iqdb] [saucenao] [google]
24514049

>>24513862
Just wait until you see my hydroponics

>> No.24514082

>>24511675
woof, i wonder how long bonds will last at this rate if the dollar continues its decent.

>> No.24514154

>>24498974
>>24513938
She looks like a Jew

>> No.24514214
File: 668 KB, 930x434, A0BBAB08-7FBA-4E69-A4D1-EEB66D321480.png [View same] [iqdb] [saucenao] [google]
24514214

>>24514154
I don’t think so, but I do have a thing for Jewish girls.

>> No.24514242

>>24514048
buy metal not paper. closest to spot, at a local coin store if you have one. 100 silver 1 gold to survive

>> No.24514260

>>24514214
you just KNOW she has nice feet

>> No.24514269
File: 38 KB, 1280x720, F896B210-0D20-4818-AFAD-167F7E29649C.jpg [View same] [iqdb] [saucenao] [google]
24514269

My girl! God only knows what I’d give for a night with her if you know what I mean!

>> No.24514309
File: 33 KB, 717x664, 1599766707006.jpg [View same] [iqdb] [saucenao] [google]
24514309

>>24514269
la...la creatura!

>> No.24514369

Pmg slow today

>> No.24514391

>>24514269
Have you noticed a lot of women have god aweful bags under there eyes? You can see it through make up. Do these whores sleep?

>> No.24514409

>>24514369
Big Bob hasn’t been shitting up the thread

>> No.24514456
File: 121 KB, 1080x464, IMG_20201204_005140.jpg [View same] [iqdb] [saucenao] [google]
24514456

>>24507801
After being wrong on the dollar, this pajeet will commit suicide once he's proven wrong on Bitcoin.

>> No.24514475

>>24514391
It’s very common for women as they get into their 30s. That’s also the time when they start to realize that they no longer receive nearly as much male attention as they used to and start to panic. Also commonly referred to as baby rabies.

>> No.24514603

>>24514242
Thank you for the advice, what do you mean by closest to spot?

>> No.24514614

>>24514456
imaginary currencies must fall

>> No.24514630

>>24514154
i think she's greek or italian

>> No.24514671
File: 845 KB, 1200x628, 1595283398688.png [View same] [iqdb] [saucenao] [google]
24514671

>>24514603
current market value
it basically doesnt make any difference if it falls to 1$ an ounce. the price will stay at 30$ for market demand


https://www.kitco.com/charts/livesilver.html


if you have to buy online
https://monumentmetals.com/

>> No.24514850

>>24514409
Good point

>> No.24514852

>>24514614
https://youtu.be/zcEj4XkLn5w

It's cringey watching this Pajeet telling billionaire Jeff Gundlach that he's wrong about the dollar that it will go higher.

It is even more cringey watching this Pajeet keeps promoting Bitcoin to the billionaire even after the billionaire said it is a scam.

>> No.24514983

>>24498948
One of my miners has more than doubled in price recently, up 18% just today.. is this a sign of good things to come?

>> No.24515063

>>24514983
Meanwhile
>GOLD

>> No.24515073
File: 136 KB, 1116x629, visible gold from Labrador Gold Project.jpg [View same] [iqdb] [saucenao] [google]
24515073

Morning all
Heres whats going on in the mining world that may be of interest.

Labrador Gold Announces Assays From Area Around Visible Gold Discovery at Kingsway
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/326-tsx-venture/lab/88847-labrador-gold-announces-assays-from-area-around-visible-gold-discovery-at-kingsway.html?idU=1&utm_source=newsletter_977&utm_medium=email&utm_campaign=junior-mining-brief-for-date-b-j-y

Northern Dynasty Minerals begins appeal to US Army Corps to revive their dashed Pebble Project
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/987-tsx/ndm/88824-northern-dynasty-pebble-partnership-prepares-appeal-of-us-army-corps-of-engineers-record-of-decision-on-alaska-s-pebble-project.html?utm_source=newsletter_977&utm_medium=email&utm_campaign=junior-mining-brief-for-date-b-j-y

Brixton Metals Discovers New Gold Zone at Outlaw West and Expands the Central Outlaw Zone at its Thorn Project
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/833-tsx-venture/bbb/88650-brixton-metals-discovers-new-gold-zone-at-outlaw-west-and-expands-the-central-outlaw-zone-at-its-thorn-project.html

>> No.24515434

>>24514082
All I know is that credit is contracting, and that means rates are going down. And the big boys are buying treasuries and taking the opposite side of the speculative shorts hand over fist. Sure, that's worked out poorly before, but this is treasuries, and it's not going to go well for the speculators. Historic levels of shorts and they can barely get that 30 yield up. That's a wall of shorts fighting against a tsunami..and they will lose. And the short squeeze that gets triggered when they do will be like nothing we've ever seen before. It will be apocalyptic.

>> No.24515442
File: 59 KB, 794x593, il_794xN.2452843007_pv8m.jpg [View same] [iqdb] [saucenao] [google]
24515442

Has anyone had experience with those custom coin stamping dies with a hydraulic press?
Was thinking of getting the equipment as I already do minor casting into small ingots and have amassed a few bars.

>> No.24515504

As I said before, Felton is out, sadly. Waller has just been confirmed. Mitch blew it, and probably sabotaged it.

>> No.24515526

>>24514269
>tfw no autistic macroeconomist gf

>> No.24515690

Stock market crash when?

>> No.24515693

>>24515073
I sure hope LAB doesn't go up too much, I still want to get it on thag maybe.

Here's some other news, good news for US uranium miners and a drilling update from AUMN. Also Rupert Resources report good good recovery at their Ikkari project in Finland

https://ceo.ca/@newswire/the-senate-committee-on-environment-and-public-works
https://ceo.ca/@nasdaq/golden-minerals-completes-drill-program-at-its-yoquivo
https://ceo.ca/@businesswire/rupert-resources-reports-up-to-995-recoveries-from

Big news day huh

>> No.24515719

>>24515690
its kind of already crashed/crashing, nobody has reacted yet.

>> No.24515732

>>24515693
Good gold recovery*

>> No.24515822
File: 498 KB, 1334x750, E8DD5DA6-B8BF-4250-9291-5DE674BEB55B.jpg [View same] [iqdb] [saucenao] [google]
24515822

>>24512702

>> No.24515879

>>24514391
>women

>> No.24515916

>>24515822
Hey Schlomo, I'm not selling.

>> No.24515952

>>24515822
Actually I found a boomer LCS that had a constant 8% premium on all gold. For the larger ones that's kinda shitty, but I jumped on 1/10 oz AGEs for under $200. Pretty good if you ask me.

>> No.24516022

>>24515952
nice anon, i got a 2020 1/10th for 210 at my lcs. probably the last time i buy AGE or similar in fractional format. i want a 21 AGE for collection reasons but foreign or old us will prob be my focus

>> No.24516056

>>24515952
That's a really great deal. Where I live selling smaller amounts of gold is better because I need to avoid selling over $1000 or capital gains tax kicks in

>> No.24516094

>>24516056
Canada?

>> No.24516180
File: 64 KB, 1200x702, EPljL_tUEAAM_UH.jpg [View same] [iqdb] [saucenao] [google]
24516180

>>24516056
>Selling gold
>Not passing it to your children to ensure generational wealth
Anon... I...
>>24516022
Yeah I might go back there around Christmastime and buy all to smaller fractionals up to sell on reddit or something for a nice little turnaround and get more silver. Seething I didn't get more during that dip the last couple of weeks.

>> No.24516192

>>24516056
just put the coin on 5 minute layaway, sell them 30% of the coin over that 5 minutes. they get the whole coin, and you get 4 separate payments of 500$ or whatever

>> No.24516270

>>24499060
Post your recycling company. We need proof or else you are a LARPing faggot.

>> No.24516280

>>24516094
Yep. It's nice buying gold and silver completely tax free but the cap gains is annoying
>>24516094
My bad

>> No.24516291

>>24516180
honestly spot and premium didnt move that much. its nice but its like 1$ a coin. the current stuff for sale is still a good deal compared to the last 4-5 months offerings

>> No.24516337

>>24516280
you might just...forget to mention the sale. happens to me all the time. i forget alot of things. in minecraft.

>> No.24516358

>>24499565
Ditto. What are you waiting for the ratio to hit?

>> No.24516372

What do when your all eventually labelled as wealth hoarders by the browns?

>> No.24516410

>>24514852

Said Pajeet also glows like a fucking christmas tree.

I'm convinced the sudden outpouring of "sell gold, buy bitcoin" is just them taking the mask off. Anything with high production values like that that just appears and suddenly get lots of subs, in this space, is suspect frankly.

I see the arc play out pretty clearly with these clowns:
-Build an audience talking about macro econ and gold, get suspect amount of youtube trending, lure in the boomers
-"Gold... and Bitcoin too!"
-Akshully goys, there's no inflation, gold will collapse!
-"Only Bitcoin, no gold! SELL YOUR GOLD NOW"

There's nothing they won't stoop to. They really must have a branch of the Fed doing nothing but coming up with new schemes to suppress gold. Much like Volcker was... they'll never talk about it, but they're terrified of it.

>> No.24516434
File: 1.51 MB, 500x430, 1603566440969.gif [View same] [iqdb] [saucenao] [google]
24516434

>>24516291
I was this close to buying 20 silver Krugerrands for $25 each though...
>>24516372
Normies don't recognize the value of PMs, my mom said I was "wasting money on stupid stuff" when I mentioned getting a little.

>> No.24516489

>>24501287
On the other hand if we get a Paul Volcker style correction to interest rates who wouldn't buy bonds and why? Once I understood bonds I sold all of my bond funds and have waited it out since.

>> No.24516503

>>24516434
im still waiting on my tube of silver 21 eagles. next few tubes i get is either more asahi or 21 krugs

>> No.24516541
File: 1.05 MB, 1918x814, 5641684986.jpg [View same] [iqdb] [saucenao] [google]
24516541

>>24516372
why do the Cleveland browns care what i do with my money and why should i care what the Cleveland browns think

>> No.24516556 [DELETED] 
File: 47 KB, 201x251, 4kemd5.png [View same] [iqdb] [saucenao] [google]
24516556

>>24516372
I'm brown.

I don't live in the US tho, that's where niggers live.

>> No.24516741

>24513947
So glad to see the filter still working.

>>24515442
Shit, that's an interesting idea. You'd need to source planchets from somewhere and maybe some way to cut your own dies, but if you could pull that off, imagine being able to make and sell custom /biz/ rounds. Hell, depending on your prices, I could get you in touch with some people that would love to be able to have some custom work done in smaller batches if you can keep costs low.

>> No.24516788

>>24514269
>her

I have some news that may upset you anon. Still, it is GENIUS-tier.

>> No.24516801

>>24516180
Holding forever is dumb though, sell the top and buy again later. You wouldn't keep the money then, you'd buy other assets with it.

>> No.24516817
File: 59 KB, 475x475, 552077AE-7518-4499-946B-FAD8EAFB8604.jpg [View same] [iqdb] [saucenao] [google]
24516817

OH FUCK I FORGOT

DOES ANYONE REMEMBER WHAT HAPPENED TO STOCKS AND METALS AND THE DOLLAR WHEN MITCH FINALLY LET TARP PASS???

>> No.24516859
File: 330 KB, 960x654, 1598451136193.jpg [View same] [iqdb] [saucenao] [google]
24516859

>>24516817
you have to go back

>> No.24516886

>>24516788
proofs?

>> No.24516900

>>24516801
>holding is dumb
>1 post

>> No.24516968

>>24516801
you can hold these nuts

>> No.24517033

>>24516886
Just watch interviews very carefully, recently her voice has gone much deeper. She's smart though, no thottery that I know of.

OFC would marry/10 tho.

>> No.24517044

>>24515693
excellent news all around

>> No.24517097

>>24503455
In 10yrs time you would get $30k in interest for a total of $130k. If interest rates dropped to 2%, you could sell your bond at a 2% interest rate by charging a premium. At 3% you have an annual coupon of $3k. If 3k was 2% interest rather than 3% interest then the par value of the bond can be raised from $100k up to $150k if you have collected no coupons (interest payments) yet.

Those are the basics of flipping bonds. In this case you paid $100k and sold for $150k. If you already collected interest i.e. there are fewer than 10yrs to maturity then you would have to sell for less but you would still make money but those are complexities I'd rather not get into here.

On the flipside though if you bought a 10yr bond with a 2% interest rate for $100k and interest rates rise to 3% you would have to sell at a discount (if you sell at all mind you). Assuming again that no interest was collected you have $2000 annual coupons. In order to match 3% interest rates you would have to sell your $100k bond for $66,666.67 because 3% of that is $2000. This is awful for the seller but for the buyer they are paying >$66k in order to collect $120k at maturity for a profit of 80%.

>> No.24517403

>>24517044
Surge Copper also blowing up. I haven't even looked at them yet and I'm still feeling super left out

>> No.24517568
File: 29 KB, 360x360, 1593956896866.jpg [View same] [iqdb] [saucenao] [google]
24517568

>>24507017

>> No.24517657

>>24509250
>to be honest lad none of these points actually address why the USD, a fiat currency, cant be hyperinflated
I own a lot of gold and a fair amount of silver. The various sites that publish gold article are largely all rubbish because they're selling gold and thus they keep harping on the stories of USD hyperinflation and Weimar Germany. I'll only expound on one of the reasons I've given why it is virtually an impossibility for the USD to hyperinflate. Note: I never said the USD *can't* be hyperinflated.

The gold probably exists and a lack of proof through an audit does not mean it does not exist so let us assume it exists. If the USD were to somehow experience a loss of confidence and people worldwide began to repudiate it, the US could immediate peg the USD to the gold it has. Note that high inflation is very different from hyperinflation. That is, if we get a decade of double digit inflation, that is not hyperinflation.

Thus, the US would never experience a hyperinflation like Weimar Germany, Hungary, Argentina, or Zimbabwe where notes denoted in millions or billions of units of currency are the norm for buying things like eggs. By pegging the USD to gold (and this implies the US is willing to accept monetary discipline and cease recklessly print money), maybe the price of a single chicken egg becomes $20. However, it stabilizes at that price and all other currencies on the planet become less compelling because they are fiat currencies. It is possible that the US could receive foreign investment inflows which would further strengthen the dollar. This economic significance is yet another reason why it is practically impossible for the US to experience a hyperinflation.

>> No.24517752

>>24517403
I ve been mentioning them for ages, love that territory. I still have ground out there I need to explore this summer some time as well.

>> No.24518123
File: 118 KB, 367x482, god-as-architect-of-the-universe-bible-moralisc3a9e-france-1250.jpg [View same] [iqdb] [saucenao] [google]
24518123

just bought again.. feel so relieved
gold is the noblest metal

>> No.24518233

Hello /pmg/, long time lurker here; what are the recommendations for miner stocks for newfriends? Should I just dump money in silj/sil/gdxj/gdx and forget about it, or target specific miners despite my lack of knowledge?

If you get up to speed and identify a good miner, roughly how long can you trust them to perform well? I've seen the graphs of miner stock value over time, but I don't have a good understanding of the time frames of precious metal mining.

>> No.24518235 [DELETED] 

>>24513947

>> No.24518450
File: 349 KB, 1217x902, 1602814481446.png [View same] [iqdb] [saucenao] [google]
24518450

>>24518233
If you don't know what you're doing and don't want to spend a lot of time learning and evaluating companies, go with one of those ETFs or a major like Barrick/Newmont/Agnico Eagle/etc. I don't recommend going for juniors without knowledge of how things work a little.
>If you get up to speed and identify a good miner, roughly how long can you trust them to perform well?
It requires conviction and risk tolerance but also knowing good results when you see them helps. A good ground is a good ground and consistent results are consistent results. Promising projects can be recognized with a little experience. Requires trust in management and your own judgement.
>I've seen the graphs of miner stock value over time, but I don't have a good understanding of the time frames of precious metal mining.
We're talking about months and years.

>> No.24518530
File: 3.38 MB, 3404x3024, 838866CC-B660-4270-A196-EADFCA69A4B2.jpg [View same] [iqdb] [saucenao] [google]
24518530

>>24499376
Best silver stack on /pmg/. Monarch poured bars are the ultimate in bullion stacking

>> No.24518684

>>24498948

So I have in a totally random and unplanned fashion ended up at an even number of ounces of gold.

1 - 100g Valcambi
8 - random 1oz coins/bars
13 - Ducats (9 1 ducats 1 4 ducat)
10 - 20 Franc Roosters

Current stack:
Gold - 15 OZ
Platinum - 5 OZ
Silver - 574 OZ

>> No.24518742

>>24518684
I think you mean you ended at a whole number. 15 is not an even number.

>> No.24518749

>>24518684

LOL fucking nevermind. Excel had the decimals locked.. its: 14.5356 ounces.

I'm telling you my mind was blown how the fractionals could possible add up to an even number.

>> No.24518777

>>24518742

Sorry yeah.. whole number.

t. math brainlet

>> No.24518878
File: 54 KB, 600x800, 1447655817053.jpg [View same] [iqdb] [saucenao] [google]
24518878

If you stack and you're not an ass-man you can get right the fuck out.

>> No.24518913

>>24518878
Based

>> No.24518968

>>24518878
Imagine the flavor.

>> No.24519082

>>24518878
Not only am I an ass man, but I’ve been into braaps long before the memes started. My crowning achievement was convincing my neighbor to let me
Pump air into her ass with a bike pump after watching Kenny and spent as a child. She was fucking ripping them

>> No.24519087
File: 909 KB, 640x798, silver surfer.png [View same] [iqdb] [saucenao] [google]
24519087

Is there a reason for poorfags like myself to keep marching on? Keep stacking?

>> No.24519145

>>24519082
>My crowning achievement was convincing my neighbor to let me Pump air into her ass with a bike pump
Full story. Don't give a shit if it's off topic, how the hell did you manage that.

>> No.24519185

>>24519087
you want better for yourself than an emailed invitation to tour and buy nondescript pod in warehouse #478. honestly if people weren't so brainwashed they might be doing the same

>> No.24519217

>>24519082
what age and story plox

>> No.24519233

>>24519145
We were like 14 at the time and were watching Kenny vs spenny. In one episode he uses a bike pump to induce flatus. She was a tomboy and it wasn’t that hard to convince her to try it. She also fueled my burp fetish for years

>> No.24519240

I'm an altcoin brah but it always amazes me how comfy /pmg/ is. Stay patient and persistent bros I hope you all make it.

>> No.24519278

>>24518450
Thanks friend.

>> No.24519306

>>24519087

If your poor you should only be working on investing in your self / self improvement until you are making a decent W2 income.

After that it should be stocks/real estate.

AFTER THAT it should be some small amount of PMs as a hedge / insurance policy.

I know most people here don't agree but that's my take on it.

PMs are a rounding error for me...

>> No.24519327

>>24516541
I think he means colored folk, certain congress ppl, poc goblinas with young martin sheen face, etc.

>> No.24519366
File: 124 KB, 960x720, 1595830333932.jpg [View same] [iqdb] [saucenao] [google]
24519366

>>24519306
any man can be his own bank, its an honorable pursuit and any size stone cast against the system does damage.

>> No.24519420

>>24519278
Once I get home in about thirty-forty minutes I can post some miner learning links. Been meaning to make a pastebin for the OP because these things get asked a lot, also people could add to it if they find some good learning sources later.

>> No.24519438

>>24519306
>After that it should be stocks/real estate.
>AFTER THAT it should be some small amount of PMs as a hedge / insurance policy.
Yeah bro have the poor person blow away what little wealth he has on shitty stocks, fuck gold dude lmao if you aren’t a billionaire no point in having that shit

>> No.24519458

>>24516410
The entire point of the post WW2 government is to destroy the people. Monetary debasement is one of the tools they use to control people and keep them working all day while they brainwash your kids with faggot nigger loving bullshit.

>> No.24519464
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24519464

>>24499844

>> No.24519500

>>24517657
Now that's interesting anon. Do you think that if that scenario happened irl the glowies would seize gold owned by private citizens to keep the $ afloat?

>> No.24519566
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24519566

>>24519306
what a retarded advice. Yeah, lets tell this guy to miss the biggest PM bullmarket in human history !

>> No.24519611

I hope my package comes in today. I'm more excited about it than I should be even if it's nothing special.

>> No.24519696

>>24519458
This checks out as well. Before the GFC the wagecucks mostly just wallowed in blissful ignorance of this. Then they pivoted to full on cuckold for the most part, with some short lived exceptions like in France and the US. Mass migration from the global south and the moral sink of modern values seem irreparable through political means. Not very bullish on the West right now bros.

>> No.24519702

>>24519306
>investing in your self / self improvement until you are a well-kept slave
This Earth is a nightmare

>> No.24519725
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24519725

>>24519306
>just be given a small loan of $1MM
very good advice, i do agree.

>> No.24519761

>>24519566

Just trying to give you dumb fags good advice.

Don't listen to me I've only gone from nothing to 4M at age 36.

Go ahead wagie put your extra 20 bucks a week into an oz of silver instead of something that produces income/can be leveraged/can experience compound growth.

>> No.24519764

How much have you guys made over the past few months percentage-wise?

>> No.24519821

>>24519702
We can form our own eugenic microstate based on gold and silver and rare earth-backed alt coins bros don't give up the dream.

>> No.24519984

>>24519500
Among people who are well-read about FDR's confiscation of gold, the belief is that the government will *not* seize privately owned gold. The reasoning for this is because the USD is no longer the same as gold. In FDR's day, $20.67 was directly equal to one troy ounce of gold and vice versa. If you had a $20 bill, you could go to the US Treasury and say, "Here's my US Treasury banknote. I want to redeem it for [approximately] one troy ounce of gold bullion," and the government would have to make good.

Because the USD and gold were essentially the same thing, FDR could not devalue the dollar, not confiscate gold, and not create a massive arbitrage opportunity. Prior to FDR's executive order, gold was $20.67/ozt and $35/ozt after the devaluation. If you have a lot of paper money floating around, they suddenly lost about 40% of their purchasing power while people who owned gold coins kept all of their purchasing power.

This would initially create something of a Gresham's dynamic where only paper money would be transacted while people hoarded gold coins to be melted down. People foolish enough to transact using gold coins would still only get $20 for a double eagle while those hoarding gold could melt those double eagles for ~$35 in gold.

That was one of the [major?] reasons for the confiscation of gold. It was about the only sure way to ensure that the devaluation would stick and that the paper would not be repudiated. Note: The devaluation of the USD was not strictly necessary. However, rather than accept a brief but painful deflation and allowing creditors to eat it, both Hoover and FDR intervened to prevent a long depression. Ironically, their interventions actually prolonged the Great Depression.

But devaluing a currency does help *creditors* because debtors are more likely going to be able to repay the principal.

>> No.24520013

>>24519761
>Don't listen to me I've only gone from nothing to 4M at age 36.
I’ll take “Things that never happened” for $200 Alex

>> No.24520058

>>24500235
Braveheart came out with some news. They've come to an agreement to procure 6 flotation cells, some good Finnish-made stuff.
https://ceo.ca/@newsfile/braveheart-resources-procures-flotation-tank-cells

Here's what they're planning to do:
"The Company plans to advance the Bull River Mine project in a phased approach wherein a surface stockpile of mineralized material will provide the initial feedstock to the upgraded mill facility. The Company's decision to continue with upgrades to the surface infrastructure and process mineralized material on surface is not based on a comprehensive feasibility study of mineral reserves that would otherwise demonstrate economic viability. There is risk and uncertainty regarding the economic viability of the surface stockpile in terms of tonnage, grade, recovery and potential oxidation of the material that was placed on the pile approximately 10 years ago. In order to process the surface stockpile, the Company needs to complete capital upgrades on surface including the commissioning of a new substation, installation of a flotation circuit, installation of a filtration circuit and civil works associated with the development of a dry stack or filtered tailings storage facility ("TSF"). Stantec Engineering has been engaged by the Company to provide a detailed design of the TSF. The detailed design is scheduled to be complete in Q4 2020 for submission to British Columbia regulatory authorities."

So far so good...

>> No.24520095
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24520095

Black Friday purchase just came in.

>> No.24520166
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24520166

Nice mine too

>> No.24520227

>>24520013
It's possible that he is telling the truth. He is giving reasonably good advice but he could be more tactful in his messaging. It seems everyone on /biz/ is chasing get-rich-quick schemes, with the cryptocurrency garbage the worst of them. However, we should recognize that investing in PMs is highly unlikely to make one fabulously rich.

Investing in PMs allows one to keep purchasing power in an era of bubbles and perverse monetary policy while waiting for a day when the bubbles pop and assets become reasonably priced. When assets--especially income-producing assets--become reasonably priced or even cheap, that is the time to exchange one's PMs for those assets.

That is how you become rich: You have a job that makes money for you but you also own (hopefully, substantial quantities) income-producing assets (this can include a company that you own or have a large stake in) that make even more money for you. Take the money you earn from your job and your income-producing assets and plow them into more income-producing assets. That will make a fairly regular person rich while the exceptionally gifted and/or lucky person can become fabulously rich.

>> No.24520302

>>24519984
Thank you for the rundown anon I am a brainlet when it comes to monetary policy.

>> No.24520335

>>24520058
seems like a sound plan, buying that kind of gear isnt cheap.

>> No.24520357

>>24520095
3 beautiful choices. We have similar taste

>> No.24520459

>>24508702
>4. Agricultural powerhouse
Pretty sure this is the only thing that will keep us rolling. Canada being a neighbor will be the second.

>> No.24520504

>>24520335
Yeah they have estimated that they'll need to raise $2-5M and that the CAPEX to get the mine working again is about $6M. They've only been able to raise $1.54M so far, I assume for this agreement and for other flotation circuit related investments. I'll continue watching.
Did you find any dirt on the Bull River Mine or Braveheart by the way? I assume the details must've faded into obacurity though

>> No.24520526

>>24519087
>It's the only good way to keep money completely outside of the system.
>They're you're best option for preserving wealth if you need to flee the country.
>During a currency collapse they'll increase in value dramatically relative to all other assets, an ounce of Silver will feed a family for a few weeks in Venezuela for example.

>> No.24520563
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24520563

OH FUCK I FORGOT
>DOES ANYONE REMEMBER WHAT HAPPENED TO STOCKS AND METALS AND THE DOLLAR WHEN MITCH FINALLY LET TARP PASS???

>>24516859
You’re such a fucking retard. Pol tourist?

Powell can only print the money. He needs treasury and congress to spend it. Did you sleep through 2008?

>>24519702
The world is a vampire

>> No.24520568
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24520568

>>24520095
awesome anon. really nice that 2020 eagles have come down in price like they have too

>> No.24520576

So I’m looking at making a metal detector, very simple, I just need to buy some copper wire, got Arduino and everything else.

I’m curious If anyone knows how loop diameter, number of turns and wire thickness affects it? In brushless motors more turns = lower kV and less turns (usually thicker wire) = higher kV (and less resistance due to thicker shorter wire). And curious about running higher voltage through the loop

>> No.24520599
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24520599

>>24520563
you arent welcome here if your gonna be a huge faggot

>> No.24520612

>>24520095
Ooooooooo how much???
Any good deals left? Love the cybers and chunkier and I haven’t got any ASEs

>> No.24520654

>>24520576
Metal detectors are one of those things that are better to buy from a manufacturer. Price/quality wise

>> No.24520797

>>24498948

Why do precious metals need their own thread? It's pretty simple, you buy it and it might not go down.

>> No.24520825

>>24520797
Same question but for stocks and crypto

>> No.24520882

>>24520797
why does crypto need a whole board? i think you guys should have 1 thread and let the weak scams perish

>> No.24520901

Bros, the world is so fucked up. I can't believe how terrible everything has gotten. How has humanity been around this long and THIS is the best we can do?

>> No.24520938

Why do cryptocurrencies need their own thread? It's pretty simple, you buy it and it might not go down.

>> No.24520946
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24520946

>>24520901
>it is current year
you gonna fight or sit there and bitch?

>> No.24520963

>>24520227

Pretty sure it's just "Big Bob" giving his standard dumb advice that's really meant as boasting/trolling due to whatever weird complex and fixation he has with /pmg/. Not actual serious advice.

I will say though: "Invest in yourself" is a welcome change from "just start a business bro, wtf does risk/return ratio mean I've never heard of it?"

>> No.24520987

>>24520504
theres nothing much online about them or the previous company that owned the Bull River Mine. best i found was a broken website from 2006 that was a jobs list for the mine. Nothing else even on government archive sites. I ll keep looking though.

>> No.24521161

>>24520987
Alright thanks. Sucks that information on the project is so limited.

>> No.24521167

>>24520095
>>24520166
Fuck both you guys! (But not really; nice looking purchases.) My BF orders (3 of them) haven't even shipped yet. To that point, I have an order in to SD Bullion from the week BEFORE Thanksgiving that still hasn't shipped yet either. I'm kinda getting pissed about that one.

>> No.24521193

>>24520797

Picking miners, sharing miner DD, posting stacks, posting pics of our life-size posable sex dolls, complaining about the Fed, discussing macroeconomics (generally Austrian), sharing yt videos.

I miss the sex doll guy, desu.

>> No.24521233

I'll bake now okay?

>> No.24521238

>>24520612
Silver eagles and trannies are still on sale at JM, but I bought these when silver was sub 24.

>> No.24521490

>>24520654
The projects are pretty simple, like 4 parts. Works well off the small coil and output voltage of the Arduino. Less range than a good commercial one, but we can make a bigger coil with more turns, higher voltage to feed the coil, and an op-amp to amplify the return signal with a knob, and a voltage cut to feed 5v into Arduino. Seems like I could get a lot of range in a diy.

>> No.24521556

>>24521490
How do you plan on filtering the trash metals from the rest

>> No.24521718
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24521718

Here we go, new thread up. Also made the mining company pastebin for anons & lurkers wanting to learn about miner DD. It's now in the OP

>>24521681
>>24521681
>>24521681
>>24521681
>>24521681

>> No.24521874
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24521874

>>24520599
Based and gfy

>> No.24521976

>>24519306
>RE
Lmaaooooo

>> No.24522110

>>24521193
It seems there's a good number of pmg anons that are more busy on pol right now.