/pmg/ Precious Metals General

[Anonymous No.30214331]

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

>Bullion dealers
https://apmex.com/ (US)
https://goldsilver.be/en/ (BE/EU/UK)
https://www.chards.co.uk/ (EU/UK)
more at: https://pastebin.com/gZfZHtNE

Russian/European coins
https://oldsilver.ru/ (EU/UK/US)

>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/ (DE/EU)
https://goldprice.eu5.net/ (UK)

>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 [Embed]
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, Magnets and Ping Test
https://www.youtube.com/watch?v=3mg9YcAShTo
https://www.youtube.com/watch?v=NgSXg-WOEVY
https://www.youtube.com/watch?v=2ymGAyKAg-k
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

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

Previous thread:
>>30205659

[Anonymous No.30214386]

[Anonymous No.30214418]

holy shit silver wont stop dropping, i caused this, i bought this morning

[Anonymous No.30214439]

I know I could just buy an ounce for the money but fuck me I want a victoria silver crown to go with my 1883 sovereign

[Anonymous No.30214460]

tfw forgetting to remove one [Embed]

[Anonymous No.30214508]

>>30214460
why isn't there a pastebin to make baking less of a task?

[Anonymous No.30214511]

>>30214418
You bought before JPow's speech????

[Anonymous No.30214524]

>pmg
>check the prices out of curiosity
>they continue to FUCKING COLLAPSE for the last 6 months
top lel, you guys bought the top again?

[Anonymous No.30214530]

I thought Bayhorse was a scam? Why is this mining analyst saying that it's going to $1 and repeating everything that the shills have been telling me for weeks?

I don't feel so well.

"https://investorintel.com/markets/gold-silver-base-metals/gold-precious-metals-intel/jay-curries-motherlode-novo-resources-gran-colombia-gold-bayhorse-silver/

"Bayhorse Silver Inc. (TSXV: BHS) finally got out of the gate and did a little canter from $0.10 to $0.20. Graeme O’Neill, the CEO, who I speak to every couple of days, is chuffed. Because he knows that to get to the couple of dollars Bayhorse could be worth he needs to build a base above 20 cents.The trigger event for Bayhorse will be big bags of high grade silver concentrate. The company already has an offtake agreement with Ocean Partners so it can sell the concentrate. Physical silver is showing signs of life and, frankly, looks poised for an “excursion”. (Silver spends years bumping along a bottom and then, for all sorts of strange reasons, takes off. A $50.00 silver price in 2021 is not at all out of the question.) Bayhorse has finally got enough money to finish its processing plant and cover the costs of going into production. It is a tiny operation. Two hundred tons a day of 21 ounce per ton silver rock. But it has room to expand and, well, 21 ounces per ton is the average grade. Bayhorse would not be the first mine in the world to “high grade” on commissioning. As the kids say, I am “diamond hands” for the run to $1.00 as Bayhorse re-rates as a producer."

[Anonymous No.30214541]

Every time I see someone ask "WHAT THE HELL IS A 10 YEAR AND WHY SHOULD I CARE" I die a little bit inside.

[Anonymous No.30214559]

>Bought more shares of Nova Royalty
>Only after my second order did I realize I was charged $50 per transaction

I'm absolutely, completely retarded, and deserve the L

[Anonymous No.30214582]

Got a notification that my ASEs have been delivered. They cost me a bit more than my krugs, leafs and britannias, but they objectively are the best looking coin out there. Now the question is, should I buy more now, or wait for the price to drop further?

[Anonymous No.30214583]

watch this livestream for market carnage
https://www.youtube.com/watch?v=drvuUSJ1q4E
anyone got a better one?

[Anonymous No.30214592]

[Anonymous No.30214595]

>>30214524
>he didn't follow Powell's speech
that new huh

[Anonymous No.30214627]

IT'S OVER SELL ALL OF YOUR GOLDS NOW

CASH IS KING WE GOT TOO COCKY BROS

[Anonymous No.30214636]

>>30213811
>When yields go up dollar goes up
please explain this to me
the reason people are selling their bonds is because of increased inflation expectations, right? they think that inflation will rise faster than whatever pathetic sum they get from the bonds
if everyone thinks that inflation is going to go up, i.e. thinks the value of the dollar in relation to everything else will drop why the hell would they sell their stocks/metals and how the hell does this cause the dollar to go up in value?
I get selling bonds, bonds give you fuck all but why sell commodities?
if people sell all their bonds, sell all their stocks and commodities, what will they do with that money? pay down debts? that's stupid because they know the government is printing and sending out trillions in stimmy checks which means inflation will continue to increase no matter what people do with their bonds

[Anonymous No.30214646]

SELL SELL SELL USD IS MOONING BUY CASH. CASH IS KING BABY

[Yukon Cornelius No.30214672]

>>30214592
Hey! Get your own screenshot!

[Anonymous No.30214676]

>>30214508
OPs should be dynamic imo, pastebin OPs often feel stale

[Anonymous No.30214690]

*smug* I sold in february and is sitting on the sidelines. Lookie lookie at these cheapies coming my way

[Anonymous No.30214739]

>>30214524
>>30214439
>>30214582
>>30214627
Lol keep stacking

[Anonymous No.30214753]

>>30214511
what if his speech made it go up? how could i have known?

[Anonymous No.30214768]

>>30214672
no!

[Anonymous No.30214781]

>>30214331
>/pol/ is one of Carells best roles to date
Yeah ok I'll take it, that's pretty accurate.

[Anonymous No.30214791]

>>30214524
>don't buy the cheapies, goy

[Anonymous No.30214805]

Anon check this out

$MCM

Future of crypto

[Anonymous No.30214809]

>he fell for the shiny rocks meme

[Anonymous No.30214811]

>>30214530

[Junkie No.30214814]

>>30214420
Show me the starter pack you spoke of, anon. If it's the one I'm thinking about, its 4 ounces, not 5.

[Anonymous No.30214855]

>>30214753
you were supposed to wait, I told you guys

[Anonymous No.30214856]

>>30214676
>>30214508
you people just got here, everything you need is in the OP. we put it in a pastebin and people are too fuckin retarded to use it, ctrl+c ctrl+v

[Anonymous No.30214860]

>>30214672
You are going to have to start updating this every day silver is already 100 dollars higher

[Anonymous No.30214871]

>>30214781
I'm pretty proud of my shitty, effortless meme.

[Anonymous No.30214903]

>>30214583
sorry but i hate niggers

[Anonymous No.30214908]

>>30214814
yeah i have no idea where he is seeing silver at 25/oz retail

[Yukon Cornelius No.30214921]

>>30214805
>Future of crypto

[Anonymous No.30214928]

>>30214856
>ctrl+c ctrl+v
yeah that's how you get [embed][embed] fool

[Anonymous No.30214937]

Just loaded up on Impact Silver for .63! Thank you Jerome!!!

[Anonymous No.30214951]

>>30214753
One of two things could have happened from his speech. 1. YCC was enacted. In this case things probably would have continued on as normal. If you could call this normal. 2. YCC was not enacted. In this case which is the case, you are seeing the results. The downside was much greater than the upside. It was worth the wait no matter what.

[Anonymous No.30215000]

nabbed it. 12.78% over spot. probably a restrike.

[Yukon Cornelius No.30215005]

>>30214860
Someone else is gonna have to. I'm without a PC for the next month.

[Anonymous No.30215012]

>>30214595
He didn't said anything bullish for gold and silver, maybe BTC.

[Anonymous No.30215025]

>>30214928
Not if you have embedded links disabled fool

[Anonymous No.30215039]

>>30214928
the fuck is your problem? the embeds get trimmed out pretty often as long as the baker isint a newfag

[Anonymous No.30215056]

am I a retard for not closing my positions in Aurcana and Klondike while my shares were net positive? I heard that they've been a bit sketchy lately but it was going over my head so I never got around to selling... turns out I'm really not cut out for active trading, my brain is already full from keeping track of the day to day bullshit in the PM economy for me to also keep track of what individual miner CEOs are up to

[Anonymous No.30215080]

What would you say is the most boomer tier retirement stock or etf in regards to gold? I want exposure almost as good as the physical thing, but I want to be able to do options on it and I don't have the money to do option trades on direct gold options that cost 100,000+ to cover. Been looking at miners for it, but it looks like they don't match up all the time with a bars performance.

[Anonymous No.30215091]

>>30214636
also, Jerome clearly said that 'inflation is low' and that he wants inflation to increase
what this means is that if everyone sells their commodities and bonds the fed will just go out and buy it all up

don't people realize that YIELD is NOT DOLLARS?
dollars can be printed into infinity, YIELD is commodities!
if you sell you commodities for dollars because you are afraid that those dollars will buy less commodities in the future, aren't you mentally retarded? especially when you know that now the fed will print even more dollar! which means that there are even more dollars out there that could potentially lay claim to each commodity!

[Junkie No.30215101]

>>30214908
I have a feeling hes talking about the moneymetals starter kit, which is like 3 1 ounce rounds, a 1/2 ounce coin, and 5 1/10 ounce coins. It's a good deal but not nearly as good as 5 ounces for 123.

[Anonymous No.30215270]

i thought commodity stocks were immune from general market fuckery

[Anonymous No.30215280]

>>30214541
I guarantee that the average person does not know what a bond is or how they work.

[Anonymous No.30215293]

>>30215056
I feel that. Shit is emotionally and temporally draining. No you aren't a retard for closing miners. Today is just rough for PMs, but it's absolutely, without a doubt going to bounce back and probably in less than a month. Hold your shit for now.

Cheapies today.

[Anonymous No.30215331]

>>30215025
i guess
>>30215039
just autistic, don't like seeing [embed]

[Anonymous No.30215353]

sup everyone, lookie what i got in the mail today. gonna put them in the capsules and take pretty pics later. i'm up to 15 oz of lions now!

[Anonymous No.30215371]

>>30215270
Bond fuckery is not general market fuckery.

[Anonymous No.30215450]

>>30214331
I LOVE JEWS
I LOVE JEWS
I LOVE JEWS

[Anonymous No.30215482]

>>30214627
Kek

[Anonymous No.30215499]

>>30215353
best to inspect them, one anon here got some fake ones

[Yukon Cornelius No.30215525]

>>30215293
This. Cheapies now, "king me" later.

[Anonymous No.30215526]

SELL IT SELL FOR YOUR LIVES

CASH IS KING I REPEAT CASH IS KING

[Anonymous No.30215583]

>>30215450

[Anonymous No.30215603]

What do you call this?

[Anonymous No.30215604]

>>30215450
You guys should really just cut your losses and sell now before it's too late. The pattern is extremely bearish, wouldn't it be better to buy when it drops to $800?

[Yukon Cornelius No.30215661]

>>30215526
If we sell now we save COMEX.

[Anonymous No.30215667]

BUY YOU FOOLS

[Anonymous No.30215679]

>>30214636
>I get selling bonds, bonds give you fuck all but why sell commodities?
Because as the yield goes up the market becomes increasingly shaky because everybody is overleveraged with debt. People will begin selling things because they need money to pay their debt, and this causes a chain reaction.
>if people sell all their bonds, sell all their stocks and commodities, what will they do with that money? pay down debts?
Yes!
>>30215091
From Powell's own mouth:
>"There’s just a lot of ground to cover before we get to that,” he said. Even if the economy sees “transitory increases in inflation … I expect that we will be patient.”
PATIENT inflation. That's no good for investors who want gains, people expect deflation to overrun inflation.
>don't people realize that YIELD is NOT DOLLARS?
Yield is FUTURE DOLLARS, and cash is king when there is deflation. Commodities is the place to be when there is inflation, and right now with the 10-02Y yield curve going up it's starting to look like 2008 again.

[Anonymous No.30215687]

>>30215603
Return to normal, the economy will bounce right back. Nobody wants a total system collapse, the governments will work together to stop it at all cost.

[Anonymous No.30215700]

>>30215091
This market on algorithmic trading modern monetary """theory""" and Keynesian """economics""". Don't think too much about it. It makes no sense.

[Anonymous No.30215709]

>>30215603

[Anonymous No.30215714]

YES ! PLZ some cheapies for BHS PLZ....

[Anonymous No.30215724]

>>30215331
No really you shouldn't have them allowed to be embedded anyway pretty sure it might be a 4chan x setting though.
If you can click a link directly from here, the site you're going to can know where you came from just a heads up more important on other boards than here.

[Yukon Cornelius No.30215725]

>>30215604
>>30215661

[Anonymous No.30215756]

>>30215604

[Anonymous No.30215769]

Gonna buy some gold with my stimmy, a 5 gram pamp

[Anonymous No.30215790]

kek even copper is dumping

[Yukon Cornelius No.30215817]

>>30215687
>Return to normal
That means the 10 trillion we printed for covid will be felt as cash velocity increases.

Which means inflation.

[Anonymous No.30215823]

>>30214636
I’m with you. I get what’s happening but can’t figure out where institutional cash is being moved to. Everything’s down. And inflation expectations, why would you want to park in USD? Oil stocks and finance are up. Banks make boat loads of money when rates increase and oil bc of inflation? Anyone smarter than me know what’s up?

[Anonymous No.30215834]

>>30215353
I saved this yesterday when someone posted it but apparently the ones anon had that made this on left are also fake. Fuck those bars.

[Anonymous No.30215843]

ngl i feel like I bought the top in February

probably going to hold these silver coins/bars until the next recession but oh well, it was only 10% of my savings and now i can focus on other investments since i have a suicide pirate stack

[Anonymous No.30215865]

HAHAHAHAHA all those faggots buying at .1488+ for memes hahahahahaha

[Anonymous No.30215889]

>>30215604

[Anonymous No.30215896]

>>30214627
IF ONLY WE HAD LISTENED TO BOND KING TELLING US THAT AKHUALLY QE IS DEFLATIONARY

[Anonymous No.30215902]

>>30214331
WE ARE BELOW $1700
>WE ARE BELOW $1700
WE ARE BELOW $1700
>WE ARE BELOW $1700
WE ARE BELOW $1700
>WE ARE BELOW $1700
WE ARE BELOW $1700
>WE ARE BELOW $1700
WE ARE BELOW $1700
>WE ARE BELOW $1700
WE ARE BELOW $1700
>WE ARE BELOW $1700
WE ARE BELOW $1700
>WE ARE BELOW $1700
WE ARE BELOW $1700
>WE ARE BELOW $1700

[Anonymous No.30215908]

>>30215667
do NOT buy into a financial crash retard, hold cash and buy when there's blood on the streets

[Anonymous No.30215924]

>>30215499
oh shit there was another one? that might be me you're talking about. i sent back the fakes and ordered these from a reputable coin store, like real store brick and mortar, not just random ebay person. they're all legit upon inspection. i'm becoming an expert of scottsdale stuff because of all of the ebay shenanigans.

[Anonymous No.30215940]

>>30215843
what was the top? in terms of actual $$/oz. just curious.

[Anonymous No.30215948]

6oz arrived today, stack now stands at 10oz

[Anonymous No.30215962]

>>30215843
You didnt buy top, you just didnt buy the dip which is coming. I suggest you buy more when it hits in full force in the coming weeks.

[Anonymous No.30216001]

>>30214921
>crypt o

[Anonymous No.30216020]

>>30215056
It will take a year for Klondike to turn around and that's if they can even survive as a company.

[Anonymous No.30216041]

>>30215843
Your moves were right, it's your mentality that's wrong. In a year you will be kissing your stack.

[Anonymous No.30216042]

Really tempted to cancel my order to gainsville coin and just buy some gold

[Anonymous No.30216046]

Guys why is PSLV crashing? I was told it's going to the Moon.

[Anonymous No.30216052]

>>30215769
Don't be such a cheap faggot
Buy 4 of them
Eat ramen , beg for change, stack

[Anonymous No.30216072]

>>30215940
It was right under 30 a few weeks ago

[Anonymous No.30216091]

>>30215834
ya that was me. i almost got fooled with the bar on the left but upon more inspection, the S weave pattern on the back wasn't the right size at all. also all those bars had a black-ish finish. the real ones don't do that. lemme show off new comparison of the color. one sec.

[Anonymous No.30216097]

>>30215902
Ordered 5 Ounces. Hope it gets confirmed tomorrow. Will buy all the way down.

[Anonymous No.30216107]

>>30214331
>/pol/ is the jew

[Anonymous No.30216131]

>>30216072
i mean in terms of what he paid retail, not the spot.

[Anonymous No.30216144]

>>30214811

[Anonymous No.30216164]

How can anyone say with a straight face that this is natural economic growth, that anything about this economy is natural, when the 10 year hitting just 1.5% caused markets to tumble? It's all so tiresome.

[Anonymous No.30216169]

>>30216046
It's tracking silver, which is reacting to bond market.

Lads, this is the fucking most obvious short term dip we've seen. Buy.

[Anonymous No.30216176]

>>30215526
Arise, arise, Stackers of /pmg/!
Fell trades awake: fud and pink Wojak!
Funds shall be shaken, longs be splintered,
a bear-day, a red day, ere the VIX rises!
Hold now, hold now, hold! Hold for ruin and the COMEX's ending!
Debt! Debt! Debt!

[Anonymous No.30216212]

>>30215902
1300 by September.
>Inb4 source
Screencap

[Anonymous No.30216214]

>>30216046
Don't get shaken out you weak hand a little bitch. Buy more while it's low. Buy more tomorrow if it goes lower. This is war against the banksters faggots. Throw a fucking dick.

[Anonymous No.30216218]

barrick come on and dump, you are not even red

[Anonymous No.30216228]

>>30215962
I plan on buying for 35 when the spot reaches 20. it will be at 45-50 by September

[Anonymous No.30216239]

>>30214331
saved
t. /pol/fag

[Anonymous No.30216266]

>>30216131
He had to be talking about spot, everything is higher now than it was then even with the price down.

[Anonymous No.30216268]

>>30216212
God i hope so. I so hope to get some physical for 1300.

[Anonymous No.30216296]

>>30216107
>Extremely angry
>Hates the gay ass system
>Wants to do best for humanity
>More than happy to take a shit on shitty people
Seems right to me.

[Anonymous No.30216315]

>>30215889
>>30215583
You can still tel they’re jews by their personality, which includes extreme paranoia, nepotism, arrogance, and schizophrenia

[Anonymous No.30216325]

FUCK YOU ALL, I BOUGHT $20000 WORTH OF SILVER WITH MY CRYPTO GAINS AND NOW IT'S FUCKING COLLAPSING AND I'VE FUCKING SOLD THEM ALL BACK TO APMEX AT A $5000 LOSS
>MUH METALS SAFE
>MUH SILVER SQUEEZE
FUCK YOU ALL

[Anonymous No.30216327]

>>30216169
>short term
It's downhill from here for every asset except cash

[Anonymous No.30216419]

Looking at my stack makes me feel real comfy

[Anonymous No.30216418]

>>30216228
i wasnt stacking last march but wasnt it impossible to find it anywhere?

[Anonymous No.30216427]

>>30215080
Or at least looking at major miners at least.

[Anonymous No.30216437]

Bought a few ounces just to dabble, now the price is falling shall I start buying seriously? Or will silver go down to $22~

[Anonymous No.30216450]

>>30214627
>>30214646
>>30215526
>>30215604

[Anonymous No.30216459]

>>30216325
>selling

[Anonymous No.30216463]

>>30216325
stop larping you whiny bitch

[Anonymous No.30216476]

>>30216325
Crypto is collapsing even harder. Just hold until inflation kicks in. You will thank us later.

[Anonymous No.30216494]

>>30216020
is it that bad? Is this one of those times where a junior miner just up and dies?

>>30215293
thanks fren. Cheapies indeed

[Anonymous No.30216499]

>>30215908
620 is bottom it's coming QUICK

[Anonymous No.30216503]

>>30216325
Hahahah, thanks for playing. You fell for the Metal Dealers Meme.

[Anonymous No.30216518]

Posting stack


>>30215353
>>30215499
They look real to me; you look for raised lettering, dots on the crown, the beard with a diamond in it, and the beard swirl tips shouldn't touch the beard

[Anonymous No.30216531]

>>30216325
>didn't wait until Powell speech
blame yourself fool

[Anonymous No.30216566]

>>30215025
>>30215039
lesson: bake before newfags see the need to bake

[Anonymous No.30216586]

>>30216325
kek idiot

[Anonymous No.30216607]

>>30216325
Get rekt fag

[Anonymous No.30216619]

can someone explain how cash could ever be a good thing? it is worth less every day. what would make cash worth more in a year?

[Anonymous No.30216628]

>>30216325
shut up retard, I bought 30k last week and I'm down everywhere 25% now, won't sell so I technically didn't lose anything. Could've bought 20% more but thats just timing, unless you can see the future of course. I don't.

[Anonymous No.30216671]

Silver chart just gave the middle finger version of a head and shoulders pattern... We are legit going below $20 bros

[Anonymous No.30216690]

>>30216325
>selling physical
Please stick to your zoom zoom tokens in the future. We don't need you here.

[Anonymous No.30216699]

>>30216212
you think US will deflate till September?

[Anonymous No.30216709]

>>30216619
Just shut up and get into cash goy

[Anonymous No.30216714]

>>30216619
Cash is king in a deflationary crash, inflation is a longer term effect than a 1 month reduction of 50% in the stock market.

[Anonymous No.30216717]

>>30216671
Hahaha very rude

[Anonymous No.30216729]

>>30216325
I sold literally all my crypto to buy 15,000 ounces of silver on Kinesis Money at the start of this week.

I am not joking.

I am financially ruined.

[Anonymous No.30216741]

>>30216325

[Anonymous No.30216756]

>>30216671
oh god that would be nice. i will unironically load up on physical.

[Anonymous No.30216766]

>>30216671
Give me cheapies

[Anonymous No.30216773]

>>30216518
yep. here's the backs of the fake ones. you'll notice they reflect black in shadow. also the size of everything is wrong.

[Anonymous No.30216772]

>>30216619
In a deleveraging caused by deflation, credit is destroyed so cash is the place to be when there is deflation.

[Anonymous No.30216813]

>>30216671
The jews are giving us a middle finger but we’ll just laugh and buy more

[Anonymous No.30216853]

>>30216773
and here's new ones, they reflect pure white like they're supposed to, also tighter S pattern

[Anonymous No.30216857]

>>30216772
there is no cash anymore fool. its all digital now.

[Anonymous No.30216863]

>>30216418
what I've heard was that it was impossible to find for 'reasonable' price if you payed $25 in march people would have sold

[Anonymous No.30216872]

>>30214331
/fit/

don't mind me I'm just here to watch :)

[Anonymous No.30216876]

>>30215679
>2008 all over again.

I’m confused wasn’t yield curve inverted before the crash? It’s the opposite right now.

>people paying off debts

Why would you pay down debts BEFORE inflation. Inflation is a good thing for borrowers.

I still don’t understand where the cash is flowing to? If not bonds, stocks or commodities where is it going? Dollars? That seems like the worst place to park value before high inflation

[Anonymous No.30216878]

>>30215714
I just put 10000 shares up buy them

[Anonymous No.30216887]

>>30216699
Yes, then spike to near 3k

[Anonymous No.30216890]

>>30216325
buy high sell low, true /biz/ness man

[Anonymous No.30216908]

>SILVER @ 25.42
SILVER CHEAPIES I JUST BOUGHT MORE
BUY!! BUY!!! BUY!!!!

[Anonymous No.30216919]

>>30216325
>implying APMEX ships to israel

[Anonymous No.30216930]

>>30216813
if you can find any lol

[Anonymous No.30216971]

>>30216766

[Anonymous No.30216972]

FUCK SHILLS
FUCK JANNIES
DON'T CARE
NEVER SELLING

[Anonymous No.30217026]

>>30216876
The yield curve is inverted, see the chart. US10Y-US02Y is going up.
>>30216876
>Why would you pay down debts BEFORE inflation. Inflation is a good thing for borrowers.
Why would there be inflation when yields are going up and there is a massive sell-off in the markets?
>I still don’t understand where the cash is flowing to?
Cash.

[Anonymous No.30217036]

>>30216971
Lel based Biden

[Anonymous No.30217060]

>>30216741
Nice gif, mind if I save it?

[Anonymous No.30217065]

I just bought a bunch yesterday... Why do the central planners do this to me.

[Anonymous No.30217097]

>>30216772

>deflation

I thought fed just said high inflation likely...

[Anonymous No.30217114]

>all the pink wojak tier doomposters ITT
Are you people just anti-silver shills or are you legitimately retarded? Precious metals aren't an investment you buy low and sell high like GME or crypto, it's just a store of value, you fucking idiots.
Leave this thread if you can't understand such a basic concept

[Anonymous No.30217126]

>>30216773
>>30216853
gotcha

maybe you guys should stack some osmium;
it can't be faked

[Anonymous No.30217141]

>>30216729
If you have the balls to hold that 15,000 I bet you won't be saying that this time next year.

[Anonymous No.30217159]

>>30216930
>1 post by this ID
I’m buying cheapies whether you like it or not rabbi

[Anonymous No.30217178]

Post yfw you see the prices of silver bullion on ebay haven't moved

[Anonymous No.30217221]

>>30217097
Inflation as a long term trend of increased consumer spending and higher money supply is different from the entire financial system unwinding due to unsustainable interest rates. When Jpow refers to inflation being likely, he is assuming everything continues business as usual.

[Anonymous No.30217242]

>>30216853
Did they come straight from the mint?

[Anonymous No.30217249]

>>30217159
if silver hits 20 you wont be able to find it anywhere bro

[Anonymous No.30217294]

>>30215679
Holee this is the mother of all bubbles

[Anonymous No.30217328]

>>30217178
Why would they? Spot price =! retail price.

[Anonymous No.30217394]

If we go below $1700 & $25, I am making a big purchase.

[Anonymous No.30217420]

>>30215948

nice, 10oz gold should be make it level in the future

[Anonymous No.30217442]

>>30215353
Hi fren, excellent bars. I am an expert on these and can confirm these are 100% genuine.

Tomorrow I am getting this £2 coin in proof silver. It celebrates 300 years of the Bank of England. The Latin inscription on it reads SIC VOS NON VOBIS which means "Thus you labour but not for yourselves" hilarious

[Anonymous No.30217459]

>>30217141
People told me here that if I don't hold it, I don't own it.

I'm just going to cash out for dollars and keep them in my bank account. Harry Dent was right.

[Anonymous No.30217466]

>>30217328
I just wanna make our silver bros feel better. None of this price dump is real.

[Anonymous No.30217470]

>>30215902
AAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.30217486]

>>30215080
By the way, the miners pastebin doesn't work, at least for me.

[Anonymous No.30217514]

>>30216091
where did you buy the fake bars?

[Anonymous No.30217521]

>>30216315
based

[Anonymous No.30217557]

>>30217026
Tied curve is not inverted right now. 10-2 is actually high indicating INFLATION. It was negative in 2008.

[Anonymous No.30217563]

>>30217249
When silver was at $16 after the March crash it was available everywhere with less than $4 premiums. Nobody is falling for your shit kike

[Anonymous No.30217604]

>>30217466
Ah yes. I'm currently trying to justify how high a premium I should really allow myself to pay to get what I want.

[Anonymous No.30217623]

Red days on /smg/ are the best, get to expand my pink wojak collection

[Junkie No.30217655]

Oh god if it keeps dropping I'm going to buy $100 FV of junk at sub 21x.

[Anonymous No.30217675]

COMEX JUST DEFAULTED ON A CONTRACT!!!
>COMEX JUST DEFAULTED ON A CONTRACT!!!

[Anonymous No.30217677]

>>30217557
Well as you can see from the chart it has clearly indicated a stock market crash before

[Anonymous No.30217713]

>>30217563
>shizo screams kike at everyone
if i was a kike id do the world a favor and kms, calm down retard

[Anonymous No.30217732]

So much for being a store of value lmao

[Anonymous No.30217786]

>>30217732
*during times of hyperinflation

[Anonymous No.30217839]

>>30217178
yes they have. look at 100oz bars.

[Anonymous No.30217881]

>>30217242
no they came from a coin store. one of the few people who still have silver around.

[Anonymous No.30217889]

What's the best course of action frens? Is this a momentary "buy the dip" event or are we trending down for weeks/months? I trimmed some miner positions over the past few weeks in favor of cash and want to get back in cheap, what signals indicating it's time to buy do you look for?

Are we actually going below $20 for paper Silver?

[Anonymous No.30217933]

>>30217623
My favorite pink wojak is right here.
>>30217881
The fakes or the reals?

[Anonymous No.30217936]

>>30217675
Proof? Unless you mean they just paid out in cash which is not unusual.

[Anonymous No.30217953]

>>30217732
1 oz of gold will always be 1oz of gold

[Anonymous No.30218002]

>>30217889
This could take a few weeks or months. I expect a down trend for everything but cash. Sold out of some of my miners and now I'm sitting tight on the sidelines. GLTA

[Anonymous No.30218037]

>>30217732
>t. shitcoiner

[Anonymous No.30218074]

>>30215679
>Yield is FUTURE DOLLARS
NO! It's NOT!
when you chose not to 'consume' your dollars, i.e. turn your dollars into real world goods and instead take the risk of investing those dollars, do you do so because you want more dollars, or because you want more stuff? what people want is not dollars! what people want is goods and the basis of all goods is commodities! this is why we have nominal yields and REAL yields
nominal yields = dollar yields
REAL yields = dollar yields - the increasing cost of commodities = REAL YIELDS
yields are STUFF, when we invest and defer consumption we do so because we want to consume more in the future!

this is why gold is the ultimate money, because it is the ULTIMATE COMMODITY, gold is the most versatile metal in the world and it is also the only metal in the world that can do those things for an eternity (its value never fades) so if you have gold you will be able to trade it for any other commodity that you want
this is the REAL REASON why bitcoin and fiat is shit - bitcoin and fiat cannot be used to create the things that humans want, need and desire, they can ONLY be used to TRADE for things that can create the things we desire, i.e. the only way for someone with fiat/Bitcoin to buy useful stuff is to convince them to hand over those useful things for something that is NOT useful in hopes that someone else will trade those non-useful things (Bitcoin/fiat) for useful things (gold, silver, oil, etc.).
BITCOIN AND FIAT = PURE FAITH BASED SYSTEMS


>YIELD = ADDITIONAL WEALTH CREATED AS REWARD FOR SUCCESFUL INVESTMENT
>WEALTH = GOODS
>GOODS = COMMODITES AND PRODUCTS (MADE WITH COMMODITIES)

[Anonymous No.30218120]

>>30217563
And when silver hit $11 the premium was $6 and virtually EVERYTHING was sold out, what's your point exactly?

[Anonymous No.30218142]

>>30217889
paper price likely downtrend - absolutely possible. physical ? never again

[Anonymous No.30218178]

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.30218262]

https://rumble.com/vdxerx-episode-53-shit-posting-2.html

[Anonymous No.30218275]

>>30218037
Cool that silver went up like 5% this year. Meanwhile I'm sitting on 1000% gains from crypto. Fucking boomers man.

[Junkie No.30218277]

>>30218178
Yessssssssss

[Anonymous No.30218278]

What that idiot Powell said that would justify the selloff?
He was spouting bullshit to cover the truth
>Inflation will come only if we believe it will
>We will hike interest when the time will come
>I don't want to talk about one asset
>Inflation is below our target
What scared weak handed faggots?

[Yukon Cornelius No.30218309]

>>30218178
Oh yeah, it's all coming together

[Anonymous No.30218335]

>>30218278
It's not what he said, it's what he DIDN'T say. The markets need yield curve control and he didn't give it.

[Anonymous No.30218337]

to the fudders here

DO YOU THINK WE HAVE THE MEMORY OF A GNAT? its fucking GOOD if it tanks like this, its what SLINGSHOTTED it up 79% NETTTT!!!!

angry basedbear wojak.exe

[Anonymous No.30218352]

>>30218142
The spot price drives the mining and commodity price. If it goes so low it won't be profitable for the mines they just won't sell any to the market and stockpile ore. Price will go up it's just not possible

[Anonymous No.30218357]

How long until we can start spending our merc dimes?

[Anonymous No.30218418]

>>30217655
I already bought everything locally I could at around 20-22x now one of the fuckhead shop owners wants to charge me 35x for the last of his Franklin halves and Washington quarters. I said okay I will sleep on that one.
>>30218275
>cuts your power

[Anonymous No.30218424]

Which J Powell interview are you guys talking about? The one from 60 minutes?

[Anonymous No.30218443]

>>30217936
They couldn't fulfill a Silver order..... Why do you think spot is going down and Treasury Yields are going up? Global Economic Destruction 2021 is going to make 29' look like childs play, HAHAHAHAHAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHAHAHAHAHHHHHHHHHHH

[Anonymous No.30218445]

>>30218275
Good luck with cashing it in, getting the money into your bank account, and actually getting physical gold and silver into your own hands before everything collapses.

[Anonymous No.30218451]

>>30217677
I see. When do you think it’s going to pop?

[Anonymous No.30218472]

>>30218335
Now he will have to implement it or let the market crash into oblivion.

[Anonymous No.30218523]

>>30218352
>stacking more
>waiting for elon to come to me and ask for silver dimes to build his "cars" for
Did you know there are 2 ounces of silver needed to build a tesla ?

[Junkie No.30218563]

>>30218418
Dude my local LCS went from based to cringe in the span of 2 days. Just called and they have no junk silver left and 1 generic round available at a price of 36. When online stores btfo the LCS you know shits getting real in a hurry.

[Anonymous No.30218575]

>>30218472
I think that's the plan. Let the market crash like it did in March, and then step in as the good guys with "we really had no choice we're so sorry but we are going to have to do yield curve control for the american people, dog bless."

If they did it now it would probably raise too many eyebrows. People need to BEG for it.

[Anonymous No.30218579]

>>30218424
The one from an hour ago. The one the markets are reacting to.

[Anonymous No.30218604]

>>30218074
I don't know what to tell you anon, the yield tells you exactly how many dollars you get your annual yield. Bonds are essentially future dollars. You are LENDING MONEY and you are being PAID BACK.

You are arguing again for inflation. That doesn't matter when there is deflation. In a deflation there is DELEVERAGING, because people are OVER-LEVERAGED WITH DEBT. This causes DEFAULTS, and defaults cause CREDIT (or in other words "printed" "money") to DISAPPEAR, causing the money supply to DECREASE.

Do you not understand anon? If there is no YCC being implemented, we will move onto a total deleveraging! Inflation REQUIRES MORE CREDIT TO BE ISSUED

[Anonymous No.30218622]

>>30218523
>Did you know there are 2 ounces of silver needed to build a tesla ?
It's around a kilo needed per electric vehicle

[Yukon Cornelius No.30218656]

>>30218278
All of it. People dont like non-answers and then he hits us with
>Inflation is below our target
Meaning they are seeking inflation. While the rest of us are worried about hyperinflation.

>But "inflation only comes if you believe it will come".
And we're all talking about it at the hyperinflation level.

To those of us that can read between the lines, he's saying that they're going with pic related.

[Anonymous No.30218662]

David Brady now predicting that Yield-Curve Control is coming within a matter of weeks.

[Anonymous No.30218684]

>>30218451
Have you watched the markets today? Yields up, everything else down. Should be downhill from here unless the Fed changes its policy.

[Anonymous No.30218707]

>>30218622
>1 kilo
these are how many dimes ?

[Anonymous No.30218806]

>>30218563
Yeah it's fucking strange, I was just telling this guy (and this board, recently) how its great that I have a local economy for PM's that is different (read:lower) than the online market. Then he pulls this shit.

[Anonymous No.30218821]

>>30218604
So is my usd going to be worth more or less in one years time?? You are saying deflation so I should park in cash?

[Anonymous No.30218834]

CAN SOMEBODY GIVE ME A REAL REASON OF WHY GOLD AND SILVER ARE GOING DOWN? AAAAAAA

[Anonymous No.30218894]

>>30218357
Summer

[Anonymous No.30218895]

>>30218834
dude its not going down. check retail prices or ebay.

[Anonymous No.30218897]

>>30218684
Deflation is a meme mate. You might get lucky if you jump out now and try to catch a falling knife, then again you might simply wake up tomorrow and hear that the COMEX has defaulted and that gold is now $20,000 an ounce and see GDXJ soaring 5000% in the futures market like GME or a crypto scamcoin.

[Junkie No.30218905]

>>30218707
Bout 450 of them, give or take.

[Anonymous No.30218922]

>>30218834
((( )))

[Anonymous No.30218928]

If a merc gets you a blowjob, what does a war nickel get you?

[Anonymous No.30218940]

>>30218834
TEC and RAHOWA Inbound son.... strap yourself in.

[Anonymous No.30218947]

>>30218656
typical, people thought they super smart trying to play 4d chess and got fudded out of the only safe haven during periods of volatility. checkmated themselves.
cash is king, duh.

[Anonymous No.30218950]

>>30218821
Its inflated deflationary reinflation, stop over thinking it.

[ALARHABE No.30218954]

still try to get income with this erc fee?
what a retard, use BSC projects, hold SWG and receive bonuses every day

>stop spending your time with shitcoins

[Anonymous No.30218971]

>>30218707
~500

[Anonymous No.30218999]

>>30218905
god i hope tesla employees look like picrel.

[Anonymous No.30219012]

>>30218928
Hand job

[Anonymous No.30219017]

>>30218928
a gook bj

[Junkie No.30219044]

>>30218806
He must have just noticed the difference between spot and retail. Good on him for sticking to his usual based premiums but he definitely missed the money train on how silver crazy people are getting and it sounds like hes trying to make up for it.

[Anonymous No.30219060]

Can someone explain what the bond yield means? I'm a brainlet

[Yukon Cornelius No.30219121]

>>30218928
A Z-jay

[Anonymous No.30219122]

>>30218834
see >>30218337

its to get out of the shorts dumbass. remember the 'silver squeeze' that started on 'reddit' that 'didn't work?'

it's failing at not working now and they are gonna try to get out as cheap as they can like they did when lehman crunchploded AND like they did when silver went up 72% net from the bottom LAST YEAR.

lay off the sugar fudders, your memory is shit.

[Junkie No.30219124]

>>30218928
If you're lucky itll be enough to get someone to step on your balls and spit on your face.

[Anonymous No.30219153]

>>30218928
Steak dinner

[Anonymous No.30219180]

>>30219044
He even says he isn't trying to get into asking rapey high premiums because he buys back from a lot of people he sells to. Not really sure what to think, LCS' are kind of becoming less useful already.

[Anonymous No.30219185]

>>30219122
>I'm the bagholder now.

KEK

[Anonymous No.30219193]

>>30218821
Right now, cash is king until the Fed comes in and prints the problems under the rug. If the Fed doesn't implement YCC there will be deflation, meaning asset bubbles will pop and people will run for cash. If the Fed intervenes you should by assets and get away from the dollars.
>>30218897
True, in a deflation even big organizations like the COMEX can default. This is the point where banks, brokerages, insurance firms etc. start crumbling. If Central Banks let that happen we will all suffer but we will be in a better world a couple years from that. But last time that was about to happen in 2008 we had insane QE so that these institutions wouldn't fall.

[Yukon Cornelius No.30219210]

>>30219060
Someone already did.
Read.

[Anonymous No.30219215]

>>30215823
This.

[Anonymous No.30219219]

>>30217442
thanks so much! and wow that is a beefy case and pretty coin.

[Junkie No.30219223]

>>30218999
I'd drop a merc on that.

[Anonymous No.30219235]

>>30219122
It only hasn't worked because you don't feel it.

[Anonymous No.30219244]

im ruined

[Anonymous No.30219266]

>>30216729
holy fuck

[Anonymous No.30219282]

>>30218604
and what if everyone just went out and turned their worthless dollars into commodities instead of turning their commodities into worthless dollars?
inflation would go up 100000000%, perhaps yields would go up as high as well, but who cares? if yields went up that high the US government would either have to default or the fed would have to print a quadrillion dollars to keep rates down, turning the dollar into what it really is - worthless paper
when will people realize that they are only slaves to this paper and its debt as long as they allow themselves to be?

[Anonymous No.30219313]

>>30219193
>in 2008 we had insane QE so that these institutions wouldn't fall.
And the same people are now running the show. What do you expect?

[Anonymous No.30219321]

>>30218575
>>30218656
Seems about right. They need Pearl Harbor to justify going to war.
It's just like 2008. Crash before pump.
YCC will kill bond market.

[Anonymous No.30219341]

>>30219266
hes larping. nobodys selling

[Anonymous No.30219348]

>>30219017
One of my best PND quick BJ's in college was from a qt jap girl with two (2) tongue piercings.

[Anonymous No.30219361]

noo I bought high

[Anonymous No.30219387]

>>30218604
isn't that dalio's graph? it's funny he's the one guy that talks about deleveraging but never mentions deflation and instead talks about inflation.
whereas nearly all the talking heads and writers that are on the debt blow/deleveraging side always tie it together with deflation... they might make exceptions for stimmy causing temporary inflation but they all say deflation is the long term trend.

[Anonymous No.30219407]

>they fell for the metals meme
Hahahahahahahahahaha!!! Sell at a loss while you're still only 10% down, the era of gold has come to an end. Buy BTC and make that money back in a week.

[Junkie No.30219421]

This is why nobody should ever mass-buy silver. Buy a little at a time at the best deals you can. Because when a massive drop like this happens, then you'll have plenty of money you didnt spend to drop on the dip.

[Anonymous No.30219426]

>>30219361
me too haha

[Yukon Cornelius No.30219436]

>>30219361
You bought low, you just dont know it yet.

[Anonymous No.30219470]

>>30219193
Fed will def interview so my vote is more inflation

[Anonymous No.30219507]

>>30219313
even worse since (((yellen))) stuck her nose in the federal government, not merely the federal reserve

[Anonymous No.30219509]

>>30219193
To clarify what I mean, if we understand definitions correctly, there is no "deflation" whatsoever. We already have hyperinflation in the correct sense of "an uncontrollable expansion of the money supply." You couldn't even get $2 billion dollars' worth of silver if you wanted it, and yet the money supply is now tens of trillions; that's how bad things are. So as soon as even a fraction of this hyperinflated money supply chases the minuscule amount of metals on the COMEX, that's it, that's the end of everything, the dollar is exposed as a fraud and you get wiped out if you're holding either bonds, dollars, or dollar-denominated assets. And this flash-crash might just be the trigger for it, quite as it nearly was in March. People who talk about "deflation" in PMs are making two mistakes right now, 1) Not understanding the right meaning of the word "deflation" and 2) Confusing the paper COMEX price of PMs for the imminent real price.

[Anonymous No.30219510]

>>30219421
There's something to be said about getting started with more if you have zero though.

[Yukon Cornelius No.30219533]

>>30219470
>Fed will def interview
Are they hiring professional shitposters?

[Anonymous No.30219534]

Hodl your gobld and silder borters
Youll be happy about in a month or two

[Anonymous No.30219556]

how tf is gold a "store of weath". it goes up and down all the time and it's dumping rn. a five dollar bill literally stays five dollars no matter what

[Anonymous No.30219567]

>>30219510
with all the debt going round, zero is a good start desu

[Anonymous No.30219569]

Check Mochimo guys.

Microcap that is growing a lot right now.

[Anonymous No.30219574]

Every day the population rises, your stack as relative portion of silver per capita rises. If you only own 1 ounce that's the per capita silver for over 2 people.

[Anonymous No.30219578]

>>30214331
Fed starting to get worried about inflation, Vix is spiking, everything dumping. Is it time?

[Anonymous No.30219584]

Lol, all fuckers who will follogo for your trash are making out a digital suicide. thanks GodJesus i bought my PHR tokens that will soon connect me to graphene with 100k transactions per sec. that’s the main cause to call all of you suckers

[Anonymous No.30219596]

>>30219235
did you get fed formula str8 out of the womb? jfc dude read my post again.

take ashwaganda or something. you have total brain fry. im weeping for you.

[Anonymous No.30219632]

>>30219313
I expect huge deflation until the point where things start to look hopeless. And THEN Central Banks will make their move. Right now? Cash is the way.
>>30219282
So are you going to pay your huge debts with increasing interest rates with commodities? While money supply is contracting and those same commodities are going down in price?

Look anon I know money isn't real and cash is trash in reality. But this is just how things work. If there is no more credit being issued we will default on our debts everywhere. This causes money to become more sparse, and it causes the trillions of credit printed to disappear.
>>30219387
Yeah it's Dalio alright. His "How The Economy Works" video explains deleveraging (deflation) very well. Lately he's been talking about inflation probably because he believes the Central Banks will intervene, which they probably will.

[Anonymous No.30219638]

>>30218895
Generic rounds have gone down with spot

[Anonymous No.30219645]

>>30216042
You cant cancel orders that have been placed. This isnt walmart

[Anonymous No.30219656]

>>30219219
It's nice right? Picked it up for spot too. Got two more this morning also for spot.

[Anonymous No.30219663]

Anyone fuck with platinum or is that a meme? Platinum bars look very comfy

[Anonymous No.30219674]

>>30219533
Intervene**

[Anonymous No.30219681]

>>30219596
I just saw squeeze and wanted an excuse to post that image because some anons hate it.

[Anonymous No.30219701]

looool
>claim about shitcoins
>lose everything
>weep on 4ch on every topic

I am not a fag to go this way, my purse with SWG and SWGb, I know how to do top operations

[Anonymous No.30219709]

Miner portfolio getting murdered lately kek. More time to accumulate

[Anonymous No.30219716]

Daily reminder:
Gold is the money of Kings.
Silver is the money of Gentlemen.
Fiat is the money of Peasants.
Debt is the money of Slaves.

[Junkie No.30219717]

>>30219510
For sure, maybe start off strong but make that your only strong purchase until a day like today comes.

Now I'm just wondering if today is a good day to pull the trigger on a purchase or if it might pay off to wait until next week to see where things go.

[Yukon Cornelius No.30219726]

>>30219674
-sad silver noises-

[Anonymous No.30219730]

>5k bayhorse at .125
>sold at .165
>bought 5.25k at .13
It's small time as fuck but feels good bros, stonks really are fun.

[Anonymous No.30219743]

WHO THE FUCK IS SELLING GOLD RIGHT NOW

IT'S LIKE PICKING PENNIES IN FRONT OF A FUCKING STEAMROLLER

[Anonymous No.30219746]

>>30215889
this should be illegal

[Anonymous No.30219764]

>>30219556

[Anonymous No.30219769]

>>30219638
Not everywhere ;)

[Anonymous No.30219821]

>>30215902
Pulled the trigger on a 1oz krug

[Anonymous No.30219828]

>>30219387
They all forgot that in 1929 dollar was still on gold standard. They couldn't just print money they had to confiscate gold reserves. Better analogy is Weimar Republic with their Papiermark. They started printing like we do now ended with hyperinflation.

[Anonymous No.30219841]

>>30219509
>To clarify what I mean, if we understand definitions correctly, there is no "deflation" whatsoever. We already have hyperinflation in the correct sense of "an uncontrollable expansion of the money supply.
Yes but anon, in a deleveraging credit contracts due to defaults. Most of the money printed is credit, debt. It simply goes up in the air if there is a default, and there are defaults all around in a deleveraging.

However, inflation will resume and the current financial system will prevail as long as Central Banks issue more credit -- or in other words picrel

[PAN MAN No.30219846]

How we all doing? Bake time shortly?

[Anonymous No.30219894]

>>30219846
AHHHHHHHHHHHHHHHHH

[Anonymous No.30219927]

>>30219841
Central banks cant print commodities.

[Anonymous No.30219935]

>>30219846
Do it pan man

[Anonymous No.30219937]

Im ruined. I tried to buy the dip while the SPY just kept shitting all over my plan. I bought into AG at 16.78 and I thought it would be resistant to this crash. Theres no support. I ran out of money I cant even cost average down anymore what have I done. Tell me I still have a wrinkle brain!

[Anonymous No.30220019]

>>30219927
Astute observation anon. So if they print more bank reserves it's time to buy commodities. Right now they're not doing that so it's time to hold cash

[Anonymous No.30220050]

>>30219769
Then you buy from the places where they did. Why is this so hard to understand?

[Anonymous No.30220093]

>>30219841
Anon, if you had mass defaults the banks would immediately go into a banking crisis, every single one of them. Where are you storing your cash right now in order to be ready for that eventually and what do you think is going to happen to the value of that cash when the Fed has to spend $50 trillion bailing the banks out?

[PAN MAN No.30220105]

>>30219935
>>30219894
AS you command!

NEW THREAD FRESHLY BAKED!
>>30220022
>>30220022
>>30220022

[Anonymous No.30220112]

>>30216773
Why don't you just drill a hole in them, ffs. Even if I knew, they were fake, I'd want to find out how much real silver actually is plated on them

[Anonymous No.30220125]

>>30220019
It amazes me that people can't grasp this when this exact situation happened literally 1 fucking year ago. The market deleveraged, the fed intervened, and that started the commodities bullrun.
tl;dr just buy the dip retards

[Anonymous No.30220189]

The Peter Schiff podcast is going to be lit tonight

[Anonymous No.30220214]

>>30220019
>time to hold cash
Spent my last powder on BHS @ .13
Probably should have waited, but fuck it, I believe.

[Anonymous No.30220232]

>>30219681
WHY DO THEY HATE ME SO WHEN I AM POSTING LE EBIG DANK MAYMAY EVEN THO EVERYONE KNOWS BIZ KNEW ABOUT GME B4 REDDIT AND SILVER SQUEEZE CAME FROM PMG HUEHUEHUE. WHY DONT THEY LIKE MY FRESH DANK MAYMAYS. MOM! THEY ARE BEING BIGOTED ON THE INTERNET AGAIN.

[Anonymous No.30220241]

>>30220019
>not doing that

[Anonymous No.30220421]

>>30219509
So what do would mean by not understanding "deflation"? I get that your second point where the paper comex price is out of touch with reality.

[Anonymous No.30220447]

>>30220189
Link?

[Anonymous No.30220463]

>>30219632
>So are you going to pay your huge debts with increasing interest rates with commodities
so the US government is going to fund the police, military and the largest welfare state on the planet with the highest interest rates the universe has ever seen?
like I said, the fed would either intervene with a quadrillion dollars or the US would collapse, making all debts worthless
do you not think the fed will intervene after what happened today?

holy shit this just made me realize even more how dumb and doomed this fiat and bitcoin shit is, gonna wait a few days to see if gold dips further and buy as much as I can

[Anonymous No.30220470]

>>30219656
How did you get it for spot?

[Anonymous No.30220613]

>>30220093
Assuming a situation where Central Banks actually let economy deflate, your "money" in the bank is gone, full stop. Because you don't have money in the bank, you have IOUs, which are a form of credit, or in other words debt. I hold some cash outside the bank and I of course have my silver so in a situation like that I would be relatively well off. There would also be lots of time to take money out before a bank run happens.

Assuming a more likely situation where the Central Banks bail out financial institutions, I would then unload my cash into commodities and related securities. Right now it's simply the best to hold cash and see how far down we can go.
>>30220125
I'll wait until it's clear there is an intervention. Will get things at a cheaper price then.
>>30220241
See the yields. We need more.
>>30220463
Yeah the best thing to do is wait and see how far down we go before the Fed comes in and saves the day

[Anonymous No.30220655]

>>30220241
The rate at which they are printing is "too slow" relative to the exponential growth needed. Basically the money supply is so massive at this point that they aren't doing enough to prop things up, so a deflationary deleveraging is still on the table.

[Anonymous No.30220732]

>>30219716
-Norm Franz

[Anonymous No.30220835]

baking

[Anonymous No.30220848]

>>30220792
Juniors are all down though. It's risk-off in the markets so bigger companies will do relatively well.

[Anonymous No.30220929]

>>30220835
Pan Man made a thread already! Don't make a new one!

[Anonymous No.30221083]

>>30219632
>>30220463 (You)
interestingly my stocks are not down, I only own gold miners and they're actually in the green
barrick up 0.31%
kinross up 0.63%
its not much and it may not last, but everything else is very RED*
>>30220848
don't own any juniors
think theres a chance people are selling paper gold (ETF's, etc) because they fear the government might seize it should things get so bad that we need to impose another ~gold standard~?
if I owned gold ETF's I'd be shitting my pants right about now

[Anonymous No.30221225]

>>30220835
dumb fuck
>>30220022

[Anonymous No.30221328]

>>30218337
what was the cheapest physical silver during the corona crash?

[Anonymous No.30222041]

>>30216437
Keep a ledger with your purchases and average your buy price.
When you can buy silver for lower than that price then buy more.
This is my normal buying pattern, but I end up FOMOing.
160oz, avg paid atm is about 30.25

[Anonymous No.30222141]

>>30221328
I got batbois near the bottom of the dip for about $17/oz. All I remember is trying to order silver on my smartphone while on vacation and JMbullion being almost completely cleared out. Back then they didn't have an "in stock" button so you had to manually search all the categories. Generic rounds, coins, and bars were all gone, batbois were literally the cheapest thing they had lol.

[Anonymous No.30222528]

>>30218563
My main LCS is out of most shot, has some genetics they want 36 for. My other LCS which normally overprices everything is running a sale on Chinese pandas for 31 each, they have hundreds left.