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/biz/ - Business & Finance


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30391900 No.30391900 [Reply] [Original]

Who? edition

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

>Bullion dealers
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https>://bgasc.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/
https://silvergoldbull.com/
https://www.goldeneaglecoin.com/
r/pmsforsale

>Constitutional/"junk" silver info
https://jmbullion.com/ultimate-guide-to-90-silver-coins/
https://kevinsworkbench.com/junksilverguide/
http://coinflation.com
http://coinapps.com/

>Compare
https://findbullionprices.com/ (US)
https://eu.compare.pm (EU)

>News
https://kitco.com/
http://silverseek.com/
https://mining.com/

>Bullion tax info by state:
https://apmex.com/state-sales-tax-information

>Prospecting
https://www.youtube.com/watch?v=ZCL6FKQZyoM
https://usgs.gov/energy-and-minerals/mineral-resources-program/science
https://gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/mt-faqs/faq_fmc.pdf
https://mndm.gov.on.ca/en/mines-and-minerals/mining-act
https://amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Test
Nitric Acid
https://www.youtube.com/watch?v=3mg9YcAShTo
Magnets
https://www.youtube.com/watch?v=NgSXg-WOEVY
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

EU/ENGLAND sources
https://www.chards.co.uk/ [Much cheaper than BullionByPost]
https://goldprice.eu5.net/ [Website to compare gold prices for UK]

Russian/European coins
https://oldsilver.ru/

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

Previous thread:
>>30384335

>> No.30391952

Literally nothing is going to happen silver will remain suppressed as long as the price is set on the crimex.

>> No.30392046
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30392046

>>30391900
Is this owl thread?

>> No.30392068
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30392068

>>30391952
Which only works as long as dollars are “worth” shit

>> No.30392087

>>30391952
Probably.
But why not give it a try? At worst, you've got a bunch of shiny boomer rocks to pass down to your kids.
Just don't go full retard, please.

>> No.30392113
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30392113

I'm stackin 1 oz copper rounds because I always do the opposite of what biz says. My treasure chest is packed, suckas!

>> No.30392141
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30392141

Starting to build a comfy stack on my way to 100oz silber. Just ordered 25 krugs

Planning on just saving and buying a 25oz tube at a time, or is it better to but singles sooner?

>> No.30392272
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30392272

heyo all
who's got goldbacks?

>> No.30392349

>>30392113
I hope you're trolling. I'm going to get a a few of them with my next order too, but solely for memetic reasons since they're only like $2, but if you wanna "invest" in Cu, you need a warehouse.

>> No.30392364
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30392364

>>30392272
HEYYYYYY YOOOOOOOOOOOOO, GOOOOOYYYYYY

>> No.30392592

>>30392141
Well done on nearing triple digits bro
Price isn’t going to be doing anything crazy tomorrow or nothing, I don’t think. Saving up for bigger orders is always a good idea, so you can save on premiums, shipping, and often times taxes depending on your location
>>30392272
They’re cool and all but not an investment anon

>> No.30392653
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30392653

>>30392592
yeah I know; although the early sets with low serial numbers will have some numismatic value

>> No.30392770
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30392770

gonna start converting .05 btc into silver every week

>> No.30392785

Anybody selling a jewelers rolling mill in space coast florida?

>> No.30392955

What is the Bayhorse of gold miners right now? Baru Gold?

>> No.30392964

I don't get this nerd crypto shit. Buy shiny rock. Arrive at door. Touch shiny rock. Put in safe. Be happy.

>> No.30393036

>>30392770
Based bittard

>> No.30393114
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30393114

>>30392592
Thanks fren. After my krugs arrive I'll wait until I can get another tube, maybe brits or maples
>>30392964
I hear you, comfy with the shiny

>> No.30393190

>>30391900
>be in EU
>wants to stack silver
>20% VAT
wtf is this?

>> No.30393280

>>30393190
Estonia has no vat on silver, but they jew you out on shipping.

>> No.30393377

I just two copper round on those coin pusher machine but they tarnish as fuck do any of you guys know how to clean and polish copper

>> No.30393379

>>30392955
Yes probably Baru. But also look into Starcore International. They have been producing gold for at least a decade, and traded at a much, much higher share price during the previous PM bull market. They’re a small operation with one currently producing mine. They do in-mine exploration to continually replenish their resource, instead of diluting shares to explore elsewhere. Good company, probably not the 500x moonshot potential of BHS, but a good long-term hold if you’re looking for an undervalued gold producer that has been doing this a long time.

>> No.30393383
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30393383

anyone have experience wearing rings?

is 7.6grams of 22ct gold too small? I wana be gangsta and have a gold ring and bangle.

>> No.30393386

>>30393190
For silver coins there's not vat, but differential tax, which is lower. There are also coin bars which are taxed that way.

>> No.30393502
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30393502

The Aegina stater, my personal favorite ancient coin.
I could never justify one though, picrel is 12.2gr and sold for $365. Gorgeous relief though, most are worn smooth.

>> No.30393513

>>30392653
That... is actually pretty smart of you
Well played radioactive bro
>>30392770
Based
Though if you have other forms of currency to spend I’d use those, your coin is gonna poomp
>>30393114
Tube of 2021 Brits would be nice

>> No.30393650
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30393650

Are combibars worth the higher price per oz, if only for trading small items?

https://silvergoldbull.ca/fractional-silver-bars-gram-size

>> No.30393682

>>30391952
in theory, it's possible to break it. all that needs to be done is keeping the physical silver premiums high. it incentivizes futures traders to settle in physical and sell that for a premium on the physical market. as long as physical costs more than paper, comex can be drained to 0

>> No.30393708
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30393708

>>30393513
thanks

>>30393513
>>30393650
NH 5 and 50GBs are sold out, but all the others are super low price right now; even the 1GB is only 33% premium, the 25 is about 6% premium (compared to market value of ~$3.06 per GB)

>> No.30393793
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30393793

>>30393708

>> No.30393802

dear metalbros
bond investor here
how can't you see that the gold is collapsing and will collapse more due to deflation countered by the Fed's dovish policy?
Don't you realize that all the money printing won't be enough to stop deflationary catastrophe due to demographic slump?
>but muh real money
nobody uses it as money
>but muh inflation
deflation due to ageing population and decline in consumption. inflating prices do not automatically translate into fatter wallets and increased spending. Businesses don't make more money automatically by increasing prices - they also go bust when fewer goods are sold.
>we're about to go through the biggest economic boom bc people are sick of sitting home!
tell that to your covid passports. global travel is closed and will be closed indefinitely for years while economy slumps. The only thing that will change it is something akin to WWII-grade catastrophe that demolishes the post-9/1+post-cockbig19 border controls. Boomers are too busy getting high on booze and opiods - those will soar, but that's micro, not macro. Millennials and Zoomers are saving their stimmy checks to afford food, so don't expect any "growth" there. When the SHTF gold will collapse because people will need dollars to pay 90% taxes to service war/recovery bonds printed by the Treasury
>market is being manipulated!
all market is manipulation, welcome to reality. You keep measuring metals in dollars, expecting dollar value to go up, but as more and more people sit on bags of cash instead of spending it, demand outstrips supply and people will sell their grandma's earrings sooner just to buy Heinz beans, raising the metals' supply in circulation, pushing the value of your stacks down. Is this the manipulation you're talking about
>capital preservation
what are you preserving by buying a construction material when there is no construction happening? Gold and silver are just that: construction materials mostly.

>> No.30393834

>>30393682
That or just wait for indistrial use to eventually drain the storage to 0.

Shouldnt take that long when everyone has solar panels

>> No.30393910
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30393910

>>30393802

>> No.30393937
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30393937

>>30392087
>to pass down to your kids
tfw no wife, no kids,..
and the dream is gone

>> No.30393939
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30393939

>>30393513
>>30393650
acutally the 1GB are still like 50% premium is misread, but the 25s are like 6-7% still

>>30393793
why'd you (you) me there?

>> No.30394016

>>30393802
So you’re saying you’re betting on a lack of boomer demand for “purchases boomers make here” is soooooo much that it causes deflation? Wouldn’t boomers not spending just mean the money gets released from boomers grip and into the hands of somewhere else in the money market?

Why would deflation occur? Please put it in stupid terms. The only reason I’m asking is because I can see a bag of rice be worth an ounce of gold.

>> No.30394019

>>30393190
>>30393386
In my country at least, sorry.

>> No.30394023
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30394023

>>30392141
I'd buy sooner than later personally

>> No.30394025
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30394025

>>30393802
valid points here but there will be a break in trust where the dollar will not buy you heinz beans anymore - lead and steel will, however.
>deflation
not happening -picrel and incoming $1.9bil stimulus

>> No.30394042
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30394042

>> No.30394046

>>30393802
>nobody uses it as money
“Okay google, what is Basel 3?”

>> No.30394077
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30394077

>>30393937
Just stack to make a cool sarcophagus for yourself and dab on all the poors in the afterlife

>> No.30394121
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30394121

>>30394077
based sarcophagus brother

>> No.30394139

>>30393383
does this look like /jewelrygeneral/?
Just buy the ring if you like it, and please don't wear a bangle, only pajeets do that.

>> No.30394145

>>30393802
inflation is already here. it will only get worse.
>we're about to go through the biggest economic boom bc people are sick of sitting home!
are you seriously implying that people bullish on pms expect some kind of economic boom?

>> No.30394188
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30394188

>>30394023
>tfw need better lighting
Make sure to buy your junk

>> No.30394271
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30394271

>>30394188

>> No.30394296
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30394296

>>30394188
Only junk I've got so far is this.

Maybe after the krugs then brits I'll get some more interesting aussie junk then move on to bars.

>> No.30394410
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30394410

>>30394077
Ramesses II approves this post

>> No.30394493

>>30394016
>a lack of boomer demand for “purchases boomers make here” is soooooo much that it causes deflation?
it does, the purchasing power of the U.S. and a couple of more anglo countries (Australia, Canada, NZ, exclude UK because yurop) alone far outweighs the rest of the world. If you look at GRP per capita of every single Chinese province it's practically Africa. Don't even get me started on India - they will drive price of gold back to 2000 per oz maybe in 2100.
> Wouldn’t boomers not spending just mean the money gets released from boomers grip and into the hands of somewhere else in the money market?
What happens when you don't spend money? It accumulates on your bank account. Look at the XAU/USD and the XAU/JPY chart and you will see that gold way outperformed JPY even as it slumped against the Dollar. Why is that? There is a historically higher demand on Dollar than on Yen, despite all the QE done by the fed.
>Why would deflation occur? Please put it in stupid terms. The only reason I’m asking is because I can see a bag of rice be worth an ounce of gold.
Deflation occurs when people would rather eat wild berries for free than buy a bag of rice for 1 oz XAU. Besides, when you have no kids you'd be OK with that as a trade-off. I don't see any robots on r9k making kids anytime soon.
>>30394025
>the dollar will not buy you heinz beans anymore - lead and steel will, however.
Cool story bro. Iron standard in Song dynasty China led to paper certificates, debasement and fiat money. It's all a circle.
>incoming $1.9bil stimulus
what do you think happens if it doesn't go? Gold would break through $900/oz because of deflationary pressure. They can print 10 trillion tomorrow and it would still not lose value because the Treasury need to pay back interest to bond holders (the Fed, primarily).
If the Treasury (by some magic) defaults, then dollar would go even higher because you will see Argentina: confiscatory taxation and 38% interest rate.

>> No.30394632

>>30394139
Egyptians, east asians and arabs too.

Hell, everyone except anglo whiteys do it

>> No.30394668

>>30393190
Silver should and will be 3 digits soon enough, i dont get why anons are still going on about this

>> No.30394749

>>30394145
>inflation is already here. it will only get worse.
Inflation alone does not contribute to currency devaluation. It only works if salaries go up, so people can afford more expensive shoes, food, homes and iphones. Do you expect salaries to go up when there is an unemployment under-reported by the U.S. gov? If people don't buy and don't consume more, how would businesses sell basic necessities when prices are inflated?
>are you seriously implying that people bullish on pms expect some kind of economic boom?
Gold is a safe haven against collapsing stock market when USD is weak. When USD is strong the US Treasury bonds become the safe haven. If you expect apocalypse tomorrow (which is not entirely unreasonable) then you might want to invest in ammo, canned food, logs for heating and power supply, tools, etc. etc. - basic survival necessities. Don't expect physical gold to play any role in post-apocalyptic transactions until scarcity in foods and basic goods is fixed first. Gold became a store of value historically due to the rise of city states when the problem of endemic famines among scarce nomadic population was fixed by settling migratory nomadic population in warm and moist areas for farming lead to abundance in food, population boom and devaluation of goods needed for basic survival.

>> No.30394760

>>30393383
22ct is too high for a ring.
There is a reason for which everyone wears 14 to 18ct for their wedding bands and not 22 or 24ct.
Gold is too soft, it WILL scratch and bend over time. Another metal mixed in is necessary.

You can buy pure gold jewelry if you want, but they cannot be wore every day for common usage. Keep them for fancy dinners or whatever.

>> No.30394822

>>30394749
universal basic income, what do you think the stimmie checks are making the american people used to?

>> No.30394846

>>30394493
>Gold would break through $900/oz
nobody would sell - even miners would stock it
comex would break the month after
>treasury defaults
will never happen - world reserve currency. its down to trust now. but move to asia is possible.

>> No.30394950

>>30394668
I could buy even more silver instead of paying the VAT.

>> No.30394966

>>30393802
>muh deflation
We would have already experienced deflation if not for printing. If they stop printing banks will collapse and public debt becomes inserviceable. Inflation is their only way out. Your bonds are dumping too and governments can default on them any moment. They can't default on gold and silver.
>demographic slump
If West was made of ethnostates with strict migration policy like Japan sure it would happen. But they are importing millions of third worlders. We will experience total population growth despite plummeting birth rates. And immigrants won't give you a cent for your bonds when push come to shove.
Get fucked, Bond King.

>> No.30394968 [DELETED] 

I bought mochimo a month ago and its up 1100%, why is it going up so much !??!

>> No.30395040

>>30394023
>>30394188
>>30394271
>milf
Excellent taste, anon.

>> No.30395203

>>30394822
>universal basic income
not a policy (yet). But if UBI goes to boost stock casino (aka "market") then there would be nothing really to preserve, because all the capital invested there that evaporates in another bubble would appear in the next month's UBI check. So why would anyone want gold? If UBI, however, boosts local economy by allowing people to buy enough food, to save some cash on golden jewellery = then maybe.
In the West, in general, there is already a great portion of population living off welfare, and this had been the case since the 1950s, and exacerbated in 1970s. This fails to explain gold surges and declines after that, when priced in USD.
>>30394846
>nobody would sell - even miners would stock it
fair point. but if miners are losing money on depreciating good, how can they pay salaries, taxes, leasing and rent? Either by selling golds or borrowing cash (boosting demand for cash, again).
>will never happen - world reserve currency.
thank you, that's my point exactly. If the U.S. doesn't want to destroy the world economy by collapsing its own credit rating, the Treasury will print money and ask the Congress to raise taxes, backing the bond market's demand in lower yield by tax-raping its own citizens. Either way, gold-holders are fucked because unless they are frugal, they will have to sell some of their stacks to pay off the IRS.

>> No.30395388

>>30395203
>implying rates will rise
wont happen - they would collapse real estate and stonks along with the debt bubble. they just HAVE to inflate now and print the old dollar to oblivion.
trust will shift to asia and/or russia is my take on this.

>> No.30395574

>>30395203
>be you
>be newly appointed Federal Reserve Chairman Paul Volcker circa 1981
>job is to keep the economy growing at a slow but steady pace
>economy isn't doing too well because of your predecessors and (((OPEC)))
>realize that if you bought a bunch of government bonds, this would cause an artificial dip in interest rates, thus leading to an increase in spending, thus leading to an economic boom
>problem is is that this is financed by printing money
>fed has done this before in very mild amounts
>except you don't want to pussyfoot around so you lower the interest rates by a lot, for a long time
>economy is doing great all throughout the 80's
>this creates a problem: government and corporations have become reliant on cheap loans
>whenever their loans become due, they just refinance them into new loans since you keep lowering the interest rate
>be Paul Volcker's successors Alan Greenspan, Ben Bernanke, and Janet Yellen
>realize the hole that has been dug
>try to raise interest rates
>market collapses every single time because investors realize that if corporations are forced to actually pay back their loans, they'll go bankrupt
>so you choose to keep kicking the can down the road
>be current Chairman Jerome Powell
>realize the entire system is fucked but there's no point fighting it so might as well go all in
>aggressively, but hopefully sustainably, keep rates low
>whoops: coronavirus causes the economy to crash
>have to lower yields to basically zero
>no one wants to finance a loan with 0% return
>the only buyer left is the Federal Reserve
>except even though you're printing $100 billion a month, it isn't enough to suppress the rates
>now on verge of implementing yield curve control, where you commit to financing longer term loans to hopefully inject short term liquidity no matter how much it costs
>will probably only delay the inevitable crash by a few months at best, as well as causing tons of inflation, but hey, at least line kept going up

>> No.30395639

>>30394749
higher wages do not contribute to inflation, it's driven only by the amount of money in the circulation. right now it's gone parabolic and there's already high inflation while we have very diminished money velocity, with lockdowns in place and high unemployment. read some texts of Austrian economists on the subject, e.g. https://mises.org/wire/wages-unemployment-and-inflation
Excessive money printing or constant racial or cultural unrests aren't something that makes a strong currency long-term
Should I put my entire net worth into cans of beans or, after accumulating basic necessities, store my wealth in something that historically performed as the best store of value throughout various crises? Besides, no one expects a total collapse, even a shithole like Zimbabwe didn't collapse after the currency had been printed into oblivion.

>> No.30395650

>>30395203
for someone who obviously isn’t an idiot, you sure are wrong a lot.

>> No.30395670

>>30394966
>We would have already experienced deflation if not for printing
We have experienced a deflation - look at the gold price deflating since August 2020.
>If they stop printing banks will collapse and public debt becomes inserviceable. Inflation is their only way out.
Inflation happens when prices go up, and it holds if people are ready to put up with them. Inflation does not happen when prices go up and people stop buying.
>Your bonds are dumping too and governments can default on them any moment.
Yes, and the dumping of bonds is a dam that holds the flood of deflation under control. If you look at the FX markets, since Feb 2021 we saw a spike in USD price against Yen, Euro and Frank, which means that the capital is escaping stagnant economies and pouring into dollars. Simply put: 7 billion people are buying U.S. Dollars vs. a bunch of "goldbugs" in the U.S. betting on inflation.
>If West was made of ethnostates with strict migration policy like Japan sure it would happen
Legal migration policies are still strict compared even to what was the case just 30 years ago. The rapefugee "crisis" is not a migration policy but an international humanitarian legal trap, where governments cannot default on their obligation to help the refugees or they will violate their own constitutional law, creating a crisis of confidence in the post-Cold War legal systems.
>But they are importing millions of third worlders
Even so, it is failing in combatting decline in consumption because most 3rd world workers are too poor to go on a buying spree.
>We will experience total population growth despite plummeting birth rates.
That's the thing, the amount of money it takes to spend in order to raise a family far outweighs the costs of bringing a childless immigrant. Therefore, the impact on spending will be minimal.
>And immigrants won't give you a cent for your bonds.
No, but they will want cash instead of silver in order to clean my toilet, won't they?

>> No.30395673

>>30393793
motherfucker

>> No.30395677
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30395677

>>30394760
yeah no worries, Im using a 22ct ring ONLY on dates/going out in town (and I dont mean bars/clubs) or whatever festivities, itll be unused 95% of the time.

Im just gona use it to build street cred.

>> No.30395831

>>30395670
>just because bad things happened before doesn’t mean they can ever happen again
>I know exactly how this will all play out
I take it back. clearly you are an idiot, and you will be eaten by roaming niggers in the first month.

>> No.30395875

LMAO, LOOK AT ME, YOUR GIRL IS MINE
What r u gonna do? I checked your ID, you stupid shiller
MY WALLET WITH JULD AND I AM RICH
>Go home poor boi

>> No.30395908

>>30394749
>inflation only occurs when the economy is booming, demographics are exploding and salaries increase
uhm no, inflation will happen when less products and services are being produced (lockdown) and the money supply is increased (government gibs)
the notion that the economy has to do well for inflation to occur is pure nonsense

>> No.30395916

>>30395875
next time you ask yourself why women like white men more than they like you, remember this post.

>> No.30395931

>>30392087
you're right I am just pretty blackpilled on this topic right now I have lost a lot in miners...I don't need to be a downer but these fucks literally killed a president to protect their fiat they aren't going to give up without a fight they have nothing to lose literally and everything to gain by continuing their ponzi.

>> No.30395955

>>30394042
so this is what $60,000 looks like,..

>> No.30396021

>>30395955
Its not so much anymore...

>> No.30396059

>>30395931
there’s only so long you can beat a dead horse before the gutbag pops and explodes shit and bile everywhere.

>> No.30396127

>>30395931
They aren’t in ultimate control.

>> No.30396133

>>30395574
>trust will shift to asia and/or russia is my take on this.
Haha no. Believe you me, I lived in Russia and I remember the 1998 default all too well. No trust left there. Not even the Russians trust their own currency. The 2014 currency shock alone did the trick for most millennials there. Besides the last vestiges of trust went away in 1917. Asia? Maybe. But I'd be careful after the whole Hong Kong take over fiasco.
>they would collapse real estate and stonks along with the debt bubble
Yes, stocks fall in prices, driving USD prices relative to stocks up. Meanwhile commodities slump because of lack of industrial production, due to a slump in demand, because people will clutch their purses before spending more on stuff they don't need. Either way Dollar will become stronger and spending decreases. No spending by consumers = no inflation. Gold loses.
>>30395574
>will probably only delay the inevitable crash by a few months at best, as well as causing tons of inflation, but hey, at least line kept going up
you're spot on anon, the only thing you're wrong about is that crashes lead to inflation. They do not. Price inflation will occur only if the stock market is doing great, while the USD is weak. People would want to dump their cash in exchange to something more valuable. But we are in a collapsed economy, with the stock market on life support from those "stimmy checks". Where do you see an inflation coming from a lack of demand on goods and services, when everyone is too busy finding food? You might argue that the stimmy checks are enough to cause inflation, but the current metals' prices argue against it. Even the price of Aluminum is below its historical highs. There is simply no inflation when consumption is low, which forces production to go down, and keep industrial metals' supply above the optimal level needed for an expansionary economy.

>> No.30396160

>>30395670
>calculating deflation using price of gold
Absolute state of bond faggots. Do you even know what CPI basket is?
>Inflation does not happen when prices go up and people stop buying
That is exactly what happens during inflation. But people stop buying only because there is shortage of products in economy. Empty shelves happen in all hyperinflations along with decline in production.
>dumping of bonds is a dam that holds the flood of deflation under control
No, idiot. QE hold deflation in place. Buying bonds helps fight deflation
>The rapefugee "crisis" is not a migration policy
It is. Governments condone it. Just like they condone migrant caravans in US.
>3rd world workers are too poor to go on a buying spree
Wrong, they have plenty of gibs.
>clean my toilet
They will rather clear your house. They will get very angry when they will only find government bonds.

And I love your 90% tax delusion. Do you know about Laffer curve? People would rather emigrate transfer capital offshore and go to grey zone than pay 90% tax.

>> No.30396239

>>30395831
I never said bad things won't happen.
It will happen exactly like it did in 1929, when you saw farmers burning hay and pouring milk into the river just to keep prices up. Commodities lost against dollar because prices collapsed, and the people who got out with cash won.
Please see the reason, anon, I am trying to tell you that you got to invest your cash wisely.

>> No.30396344
File: 233 KB, 601x929, bleeding comex.png [View same] [iqdb] [saucenao] [google]
30396344

>>30393682
I agree, this seems to be what is happening. How much longer can they keep it up??

>> No.30396363
File: 2.06 MB, 828x1151, A45A76FB-E879-468D-BC09-20B74F6DEF25.png [View same] [iqdb] [saucenao] [google]
30396363

>>30396239
but I do invest my cash wisely. I buy precious metals and cat food.

>> No.30396427

>>30396363
Is there a cat food squeeze that we should know about?

>> No.30396430
File: 3.43 MB, 4032x3024, IMG_0172.jpg [View same] [iqdb] [saucenao] [google]
30396430

>>30395955
39.000USD roughly, but I dont care about fiat currency.

>> No.30396459
File: 26 KB, 507x348, 1614549912989.png [View same] [iqdb] [saucenao] [google]
30396459

>>30396133
>Russians trust
so its asia from here on
>dollar will become stronger and spending decreases
will not happen. rates must go down to keep the house of cards up.
> no inflation
- stimmy checks
- real estate bubble
- stock bubble
- commodities rising (wood, copper, holyshit rhodium)
i understand - you just dont want to see it - "if i dont look at it - its not happening"

>> No.30396483

>>30396427
no, I just only buy the stuff he will actually eat because he’s a wasteful son of a bitch

>> No.30396541

>>30396459
no one is going to trust China when everyone know the only thing stopping China from invading every country on earth is the USA.

>> No.30396549

>>30396160
>Do you even know what CPI basket is?
yes sir, I also know the numbers are rigged because I, personally, was involved in calculating it. We have to take in prices of 3 coats and 500 packs of cigarettes each year. lol
>But people stop buying only because there is shortage of products in economy
No, people stop buying when they can't afford it. I am not arguing there will be a shortage in products, I am arguing there will be a gradual decline in demand, forcing the supply side to find an equilibrium.
>Empty shelves happen in all hyperinflations along with decline in production
Egg or chicken? What if shelves are not empty yet but businesses already start losing money because nobody is buying?
>No, idiot. QE hold deflation in place. Buying bonds helps fight deflation
How do you think QE happens? Treasury issues bonds and exchanges them for US Dollars issued by the Fed. Then Treasury sends those Dollars into the economy trhough salaries and pointless government programs. This artificial dumping of US Dollars holds deflation in check.
>It is. Governments condone it. Just like they condone migrant caravans in US.
I am an immigrant in one of the V4 countries. The entire "we stop immigrants from coming to Poland" is a populist scam. I literally know an African guy who has a Polish wife. I don't condone it but most V4 countries are beyond saving at this point. Besides, the biggest anti-immigrant voice in the Czech Republic is a half-jap mutt.
>Wrong, they have plenty of gibs.
Like what? Maybe if they have kids. Qualifying for gibs is pretty hard even in the wokest yuropoorstans. Most gibs go to 65+ retirees who just hoard that crap because they don't know what to spend it on.
>They will rather clear your house. They will get very angry when they will only find government bonds.
Yes, but they'd be happy if they found a gold vault and cleared it as well, wouldn't they?

>> No.30396653
File: 190 KB, 1000x620, ae86a902f886372bc1ec145b5433b72b.jpg [View same] [iqdb] [saucenao] [google]
30396653

>>30396541
>the only thing stopping China from invading every country on earth is the USA.

The usa has collapsed. It is a non-functioning society. Just look at the old man.

>asteroid mining stories
>tech supremacy stories
>but in reality:
>social construct failing
>currency failing

Its just cope on the same level when the british empire failed. People just cant grasp that everything they were told - being the last supreme worldpower - were stories of the past.

>> No.30396685
File: 960 KB, 1280x1480, stack_future.jpg [View same] [iqdb] [saucenao] [google]
30396685

>>30396459
no need to check silverprices.

even with shit silver prices of 10-20 USD per oz inflation does its work.

>> No.30396699

>>30393802
>>30394493
>>30394749

When Harry Dent and other so-called deflationists say that Weimar Germany was a unique phenomenon, they are either misinformed or lying. Alasdair Macleod points out that you had similar hyperinflations in Austria and Hungary at the time, in John Law's France, and other countries.

Deflation is a banker-created meme which is intended to delay the onset of hyperinflation. Hyperinflation is equally a psychological phenomenon as it is a physical one--hence why you didn't see price-increases during WW1 Germany, despite the rampant money-printing--it was because of anxiety about the war. So it is in the bankers' interest to pretend as if the real fear is deflation. Yet first of all, deflation (in their sense of the word, i. e. price decreases) isn't a "fear"--for even them even to pretend as if it is, is itself absurd--if the price of things we want goes down, that's a good thing. But secondly, given the trillions in money-printing which are we seeing, the idea that prices should go down rather than up is even more absurd still. ShadowStats and Chapwood Index show real consumer-price inflation at 10% per annum for some years now, and now it's getting closer to 50 or 60% (food for example, up 60% since July 2020). In the article "What Goes Up" you'll see the bankers fudding about deflation when gold was only $300 an ounce, and claiming that it was about to crash. Add to what I have said that the CPI, the official measure of inflation is an utter fraud which uses something called "hedonic adjustment" and cannot be trusted--Mike Maloney has some good videos on this.

>> No.30396709

>>30396160
>And I love your 90% tax delusion. Do you know about Laffer curve? People would rather emigrate transfer capital offshore and go to grey zone than pay 90% tax.
Yes, that is why there's hardly a bank left in the world that will serve U.S. citizens without asking them "are you a U.S. citizen" first, because they are required by local legislation to report taxes to the IRS, if the account is owned by a U.S. citizen. This is a part of an international treaty law, and therefore, overrides any local constitutional law. Before you ponder about opening a bank account in Russia, I warn you anon, that by holding a U.S. passport you pose an intelligence threat to the security state apparatus that makes money from abusing people, and the local Russian bank would rather deny your money than have trouble with the FSB, plus local Russian law is known to fuck with the bank account holders since 2014 at least, e.g. deposit levies, etc. etc. Nearly all tax havens have been rigged by the U.S./EU regulation - I heard the EU will even target Malta/Cyprus to prevent tax evasion within the Union.

>> No.30396734

>>30394632
you are supposed to wear the gold on the inside, read plato the republic if you dont understand.

>> No.30396737

>>30396549
>Egg or chicken? What if shelves are not empty yet but businesses already start losing money because nobody is buying?

The moment a tradesman values his products in stock more than the currency he receives, he will immediately take all the products off the shelf, probably even lose down the store.
That is what happened in Germany in Weimar and after WW2, in 1948 when the D-Mark was introduced practically over night everything was in store again, food, meat, clothing, cigaretts, gasoline it seemed like a miracle.

>> No.30396847
File: 63 KB, 871x920, smile.jpg [View same] [iqdb] [saucenao] [google]
30396847

>>30393802
>>30394493
>>30394749
>>30396699

Regarding our ultimate fate, Harry Dent is one of the most prominent deflationists; and his absurd theory is that the government will just let everything crash in the end, and that people who are holding U. S. treasuries will win. I think we all know that the government will do everything to stop that crash from happening; they will do YCC and print to the moon. But even the nominal stock-market crash which he posits would cause every over-leveraged G-SIB bank on earth immediately to fail (see Alasdair Macleod on this) and wipe out every single person who is holding dollars. All confidence in the dollar as the world-reserve currency would subsequently be lost, and the world would immediately revert to gold. So whether we get so-called "deflation" or "inflation" is irrelevant; you want to be holding PMs when the crisis comes to a head. More importantly, Harry Dent also denies manipulation on the COMEX, which is the only reason why paper gold and silver "crash" when the stock market crashes--the bankers smash the paper price, so that PMs don't seem like safe havens in the storm. Dent uses this dumping of paper PMs as his evidence that gold will "deflate" when everything else "deflates," but truth is that you would soon get a COMEX default if the banks smashed the price again that far, as you nearly did get in March 2020. As proof that gold is not in a bubble, it needs to go 11x to reach its ShadowStats inflation-adjusted ATH of $20,000; silver needs to go 40x to reach its own one of $966. Miners have also almost never been cheaper on a relative basis.

>> No.30396876

>>30392141
100oz+ silver
50g++ gold
10+g plat

>> No.30396900

>>30396541
Holy shit you are such a brainwashed NPC faggot.
JewSA, greatest nation on earth, saving the widow and the orphan, am i right fellow goy?

>> No.30396914

OMG fk what are you all yammering on
Wanna get real income? Don’t believe this stubid shillers
they try to give you a fuck spamming on /biz/
>my advice = take a look at YVS Finance! That’s real yield farming GEM!

>> No.30396915
File: 1.70 MB, 4032x3024, IMG_0158.jpg [View same] [iqdb] [saucenao] [google]
30396915

>>30396876
no copper?
>ngmi

>> No.30396970

Anyone else feels like we are bottoming very soon? Bearish sentiment is getting off the charts, gold is getting into oversold territory.

>> No.30396993

fuck ths shillers! if they really think im so stupid to follow their links for a scam, they will defin die from drowning in their asses
we don’t need your shit when we have the upcoming graphene airdrop, lol. the only legit way to get graphene is the distribution

>> No.30396997

>>30396699
>>30396847
Dent is a cretin and the embodiment of Der Boomer. A low IQ useless piece of shit leeching off future generations and with a hyperinflated ego.

>> No.30397018

>>30396900
USA might have a rotten crumbling exterior, but it has good bones. it can be rebuilt. there is nothing in China to rebuild. a shiny exterior just hides styrofoam and plasterboard underneath. you can accuse me of loving the jews for not sucking tiny yellow cock, but we all know the jews are the ones who made China what it is. USA can return to its former glory, and it is the only country with a former glory worth fighting to return to.

>> No.30397021

>>30393708
oh so you're the one who sells the junk Te onebay and trying to cash in on the PM influx. loser.

>> No.30397043

>>30396430
yeah, fiat currency valuation of anything is practically meaningless to me anymore

>> No.30397078

>>30396459
>so its asia from here on
I go with Singapore if you ask me, but pick your poison.
> rates must go down to keep the house of cards up.
yes, but what happens when they go negative? Dunno to be sure. Switzerland seems to do fine with them.
>stimmy checks
>real estate bubble
>stock bubble
>commodities rising (wood, copper, holyshit rhodium)
Stimmy checks aren't enough to cover inflated prices (if inflation goes up), not everyone gets them, and it won't be enough to pay rent. Real estate bubble will burst, resulting in cheaper housing and a slump of demand in construction materials (e.g. wood). Result? Deflation.
>i understand - you just dont want to see it
I don't mind seeing it. Actually, I would prefer to see it since I do trade gold and stocks as well, but I just don't see it yet.
>>30396699
>Deflation is a banker-created meme which is intended to delay the onset of hyperinflation
I experienced deflation first hand in late 1990s when the gold collapsed during the Russian default and the Asian crash.
> Add to what I have said that the CPI, the official measure of inflation is an utter fraud which uses something called "hedonic adjustment" and cannot be trusted
It is a fraud I agree.
>if the price of things we want goes down, that's a good thing.
I agree, if your gold you bought at 1850 goes down, so I can buy it at 1698 it's a good thing! That's a nice discount for me, but is it good for you? Reverse that - if you bought some at 1850, you can get a discount to buy some at 1698. Now, as a holder you lost on your previous position but you expect it to go up, so you increase your holdings. But at least let's admit you were wrong on your initial expectation that it will go above 1850.
>ShadowStats and Chapwood Index show real consumer-price inflation at 10% per annum for some years now, and now it's getting closer to 50 or 60% (food for example, up 60% since July 2020).
Couldn't agree more. But how many will keep buying the same amount of food if prices go up?

>> No.30397097

>>30396993
>Die from drowning in their asses
>we don’t need your shit

Lmao these Pajeetbots are hilarious, can we keep them around plz?

>> No.30397117

>>30396549
>>30396709
>I am an immigrant in one of the V4 countries.
>I literally know an African guy who has a Polish wife.
Bro, do you live in Poland and still fear deflation? Or do you live in other V4 country? When did you emigrated?
>hardly a bank left in the world
There are still some tax heavens left. And people would just start using Monero or silver coins for transactions. Get that people would just emigrate like they emigrated to USSR in 1930s. It would start biggest black market in the world. If you really live in Poland you should know we government intervention into economy becomes too severe to tolerate.

>> No.30397140

>>30397018
>USA can be rebuilt
They better man up FAST. The power void is filling as we speak. 3 months left at most.

>> No.30397144

>>30397018
I dont see any caravans of people wanting to get into China illegally.

For all the fucked the US is, it is still a better place than any where in the world.

>> No.30397151

>>30397018
the jews must be really busy considering they seem to be responsible for everything under the sun

>> No.30397195

>>30397018
USA never was glorious. It always was an instrument of oppression used and created by the jews and noahide masons since it's very inception to achieve world domination.
All this golem monstrosity ever achieved was global racketting, constant terror and subversive and coercitive actions. Living off like a leeche on the back of the entire planet while pointing a nuclear gun on everybody's head.
And now you are dying from within due to the jew virus and it make me truly happy.
USA = Der Boomer made into a country.

>> No.30397199

>>30397097
>let’s shill to the boomer rock guys
>they will have money to burn
meanwhile in /pmg/
>I saved enough to buy two extra ounces last month by eating pigeons from the park
>nice!

>> No.30397227

>>30397078
Do you think higher demand for commodities could come from chinas middle class?

>> No.30397231

>>30397151
kek

>> No.30397274

>>30397140
>better do it fast
>BETTER DO IT FAST
>FAST FAST FAST
but if it happened fast, there would be no time for people like you to die off. why would any of us who are going to make it want you to make it too? if you can’t keep yourself alive for an extended period, you will only ever be a burden on us. long, slow, and excruciatingly painful. I can take it, but I don’t think you can.

>> No.30397360

>>30397274
kek - i dont belive in the usa being rebuilt.
>>30396653
better to look elsewhere

>> No.30397371

>>30397018
>USA can return to its former glory
Unless they go fascist in next 10 years they are beyond saving. Without any serious reforms US will balkanize in next 20 years.
Chinese can do almost everything when commanded to by their leadership. They went from failed state to nuclear superpower and now are biggest manufacturer in the world. China is next global hegemon whether you like it or not.

>> No.30397405

>>30397371
>US will balkanize
It's already there.

>> No.30397412

>>30396737
why would a tradesman value his own products more if nobody wants them? Or rather, wants them less than before? He buys less in stock to keep the prices up, but this hits producers who start producing less to keep the prices up, leading to fewer products in the circulation. But that does not result in inflation, it is market trying to find an equilibrium in a deflationary pressure.
>>30396847
>I think we all know that the government will do everything to stop that crash from happening
I agree, but I don't think that "everything" will be enough. And even so, if the market doesn't crash, doesn't it make holding gold absurd?
>they will do YCC and print to the moon. But even the nominal stock-market crash which he posits would cause every over-leveraged G-SIB bank on earth immediately to fail (see Alasdair Macleod on this) and wipe out every single person who is holding dollars. All confidence in the dollar as the world-reserve currency would subsequently be lost, and the world would immediately revert to gold.
Why gold? Why not copper or tungsten? And are you saying that the U.S. gov would rather see the world economy crash, than let the Wall Street dry? The Fed may fear the Congress, but if the Congress was told by the U.S. State Sec. that China is getting nukes ready because of the Fed's policies, and the world's biggest commodity hoarder (China) is about to beat the U.S. due to gold replacing USD, the cavalry will come cracking down on the Fed in a heartbeat.

>> No.30397428

>>30397360
you don’t have to. you won’t be around for it anyway.

>> No.30397434

>>30396059
Such a shitty allegory

>> No.30397469

>>30397412
you are arguing as if there were no old corrupt deep state bastards trying to get the most out of the system just for themselves.
boy - you are in for a rude awakening.

>> No.30397496
File: 652 KB, 1700x3200, thevalueofgold.png [View same] [iqdb] [saucenao] [google]
30397496

>>30397412
>Why gold? Why not copper or tungsten

>> No.30397499
File: 160 KB, 1262x1080, Kronk_.jpg [View same] [iqdb] [saucenao] [google]
30397499

https://stocktwits.com/symbol/CLF

Is this autism?

>> No.30397525

>>30397405
>It's already there.
Not really. That process is just getting started. Formal secession from Union is necessary to start another phase. Comparing to Yugoslavia it's time after death of Tito. It will take couple more years to finalize.

>> No.30397536
File: 352 KB, 1291x2100, santiagorussiagold.png [View same] [iqdb] [saucenao] [google]
30397536

>>30397412
>And are you saying that the U.S. gov would rather see the world economy crash, than let the Wall Street dry?

The Fed has no choice. The world is already de-dollarized to a considerable extent and is becoming more so every day. The moment Asia rugs the U. S., there is absolutely nothing that the U. S. can do about it.

>> No.30397541

>>30397371
>China is the next world superpower
>it’s not about to collapse
>pls believe me
just wait until you see what’s coming :D

>> No.30397576
File: 412 KB, 1023x560, juststartyourownbankgaddafi.png [View same] [iqdb] [saucenao] [google]
30397576

>>30397412
>And even so, if the market doesn't crash, doesn't it make holding gold absurd?

No, because gold will be freed from manipulation if that happens. Re-read my posts to understand why. COMEX default and reversion to gold by foreign nations.

>> No.30397651

>>30397117
>Bro, do you live in Poland and still fear deflation? Or do you live in other V4 country? When did you emigrated?
I don't fear deflation. I welcome it.
I live in the Czech Republic. Migrated in 2010. Lots of immigrants here, mostly from ex-USSR.
>If you really live in Poland you should know we government intervention into economy becomes too severe to tolerate.
Not in Poland but thanks. Do not hold your hopes high. I am sure the Poles can stick it to their gov, but I am less confident regarding CZ/SK. These people literally tolerated the 1953 mass confiscation when the government just declared all existing currency illegal. This is a real risk where I often yield to the PM bros and admit that they do have a point that holding commodities is a good insurance against government trying to fuck the fiat-holders. But the trade-off is like this: I can lose 100% of my assets tomorrow if the government destroys my fiat value; or I can lose 30-50% of my PM in value because I can still sell it and get something, rather than get nothing. Instead I hear conspiracies that metals will shoot up 200-300% or more when everything collapses. I just don't see the latter happening.
>>30397227
Maybe. I'm more confident in India on that though, since even the poorest poos are known to hoard it.

>> No.30397661

>>30397428
>>30397541
>whats coming
yeah - trump will save your sorry ass. heard that before.

>> No.30397671
File: 295 KB, 1024x768, papermill.jpg [View same] [iqdb] [saucenao] [google]
30397671

>>30397018
>there is nothing in China to rebuild

China and Asia in general are responsible for most of the world's production mate. If you're American, you have an enormous trade-deficit with them. There is no reason why they should continue to give you the fruits of their hard labour in exchange for your worthless paper, and they are going to refuse to do so any day now. They don't fear ending up like Gaddafi now, they are too strong for you to tyrannize over. The moment the Chinese demand gold instead of dollars for their products, you're finished, you're done. China becomes exactly as rich as you become poor, and America is a second-world state.

>> No.30397708

>>30397651
the poorest poos aren’t people and mobs will literally destroy and ransack their entire communities stealing anything and everything of value. India would have bloating corpses in the street in a month.

>> No.30397713
File: 10 KB, 539x168, Galleon.jpg [View same] [iqdb] [saucenao] [google]
30397713

>>30392955
PEA release in about 1 month

https://www.youtube.com/watch?v=4o04yo7pV6w

>> No.30397716
File: 214 KB, 542x436, apu.png [View same] [iqdb] [saucenao] [google]
30397716

Hi frenz, what the difference between :
> Buffalo coin (apmex),
> Double eagle silver,
> Maple leaf.
> Bbritania
bullion coins ? they are all 1 oz I don't get it why so much difference between a price ?

>> No.30397724

>>30397541
>collapse
You seem to not understand measures implemented by CCP to prevent collapse. It's hard to be oppositions when your every move is controlled. China will collapse sure but not before US is nothing but memory. And China can rebuild its power like it did many times while US will turn into another Brazil.

>> No.30397740
File: 107 KB, 798x1200, JFMSU.jpg [View same] [iqdb] [saucenao] [google]
30397740

>>30397536
>UK
>M0: $11,562
>M1: $271,522
>M2: $3,581,308
Oh good god.

>> No.30397744

>>30397661
only I can save me, which is why no one will save you. trump couldn’t even be president after winning the 2020 election.

>> No.30397770

>>30394188
why buy junk?

>> No.30397777

>>30397671
Partly true, but China has to sell their products to someone right ? And US is the biggest maket there is. EU might have a comparable GDP, but their disposable income is nowhere near US.

>> No.30397793

>>30397744
>only I can save me
so you have made the first step. nice, have fun.

>> No.30397834

>>30397716
The Mints that make them. The Buffalo round (has no legal value as tender) is very popular, made by many small mints.
The American Silver Eagle is made by the US government and carries the highest premium of all coins
The Maple is made by the Canadian Government, is 4x 9 and slightly less than ASE.
The Britannia is cheaper than the ASE or Maple premuim wise.

>> No.30397837

>>30397671
production of what? Cheap shit no one wants or cares about?
>pollution is bad
>increase tax and regulation in USA
>kill manufacturing sector
>move it to China where they can be as filthy as they want
>create same goods but shittier
>burn diesel fuel shipping it across the ocean
>truck it around the country
>gotta save the earth goy
the Chinese economy is built on a joke and it will collapse the moment no one wants to buy its cheaply made shit anymore.

>> No.30397852

>>30397777
Belt and Road Initiative should help with that, plus China can consume more of what it produces.

>> No.30397855

>>30397199
>eating pigeons from the park

Feasting on delicious free Squab which then enables one to stack even higher sounds pretty based desu.

>> No.30397857

>>30396915
>copper
eh, just can't bring my self to do it yet, due to how cheap it is. i just mean it would take a lot of space to hold $1k copper.

Forgot to add to my stack:

2+ acre mountain land

>> No.30397891
File: 81 KB, 500x490, sm.png [View same] [iqdb] [saucenao] [google]
30397891

>>30397740

"So far, the foreign exchanges and general public, which ultimately decide the purchasing power of the state’s unbacked currency, only see the U. K. government’s response in terms of a currency which is fundamentally unaltered. A second round of QE, which is likely to exceed the first in terms of its size, can be expected to ring alarm bells, at least initially on the foreign exchanges, whose participants will then consider if the monetary dilution will be enough, and how much more will be needed to rescue the economy from a deepening slump. How these factors are reflected in dollar and euro exchange rates will depend on how similar factors affect those currencies. But it is easy to envisage, in the absence of the systemic risks mentioned above, sterling declining with the dollar, and its fall through parity with the euro being blamed on Brexit by Remainers in the establishment and the media. All currencies will then face the prospect of a slump in global trade being magnified by depreciating currencies measured in commodities, goods, and importantly essentials such as food.

If this leads to monetary inflation pushing up the general level of prices beyond the control of CPI methodologies, which seems certain to be the case, markets will take control of interest rates away from the MPC and America’s FOMC. The overt bankruptcy of the UK government will be reflected in a wider public rejection of faith in the currency, to the point where it will be disposed of rapidly for goods not necessarily needed immediately, in a crack-up boom. In any event, sterling is already in a state of hyperinflation, which I have defined as the condition whereby monetary authorities accelerate the expansion of the quantity of money to the point where is proves impossible for them to regain control."

https://www.goldmoney.com/research/goldmoney-insights/the-fate-of-the-pound-sterling

>> No.30397894
File: 1.91 MB, 576x336, 1615080868701.webm [View same] [iqdb] [saucenao] [google]
30397894

>>30397661
Heres the retard you voted for...

but at least he doesnt tweet mean things and hurt your feefees and make your fake hole sore

>> No.30397901

>>30397469
Never said there isn't. The state IS corrupt, and nothing stops it from confiscating your gold - not even your guns. I try not to shill for crypto, but that's one asset you can only lose if the gov decides to turn off your internet/electricity for good. Either way, don't expect of being able to hide it that well, unless you dig it on a pirate island. Even if you dig it up, you'll have to sell it on a black market for a far lower price because of the risk the buyer takes to carry that load. I need to tell you the truth anon.
>>30397536
>The world is already de-dollarized to a considerable extent and is becoming more so every day
I have literally been in the U.S. for 5 days in my entire life, and the first time I saw a confused look from a clerk when I pulled out a wrap of 1000 bucks at a store was in the U.S. Just for experiment I tried to exchange HUF notes for CZK in a major Czech bank: they denied it (lol) but they took my dollars alright.
>>30397576
>posting a debunked Ghaddafi meme
anon pls, I met actual Lybians who lived in Lybia and they laugh every time this crap is being mentioned.
>gold will be freed from manipulation if that happens
ok, enjoy your manipulated collection of shiny metals, bro. Once the NWO and the ZOG are defeated by the next superpower alliance (Russia, China, India, Brazil and South Niggerland) we'll show those mutts what real money is.
gimme a break. I'm too old for these BRICS memes.

>> No.30397945

>>30397716
Buffaloes and Eagles are US minted, leafs are Canada minted and Brittanias are UK minted. Price difference is mostly just because, but also demand and recognition. 1oz is 1oz irrespective of mint.

>> No.30397958

>>30397837
>cheaply made shit
>iphones only produced in china
>wait, what ?
kek - nothing is produced in the usa anymore except for fiat currency

>> No.30397959

>>30397724
>like it did many times
the Chinese got ass raped by every Asian who wanted to have a turn bending it over until the jews ushered in communism. It has an aging population and probably a good third of the young generation won’t even have children. only way China is gonna rebuild is if it imports hundreds of millions of niggers to fill in the gaps the one child policy left in the labour force. only problem is that niggers don’t work, they only add to the burden. the way I see it, China is more fucked than most. doesn’t even have the land to grow enough food to feed its population anymore.

>> No.30397965
File: 498 KB, 720x1110, 20210306_202306.png [View same] [iqdb] [saucenao] [google]
30397965

Good morning lads

>> No.30397982

>>30393379
>>30397713
thanks. Baru Gold looks like a sure thing, but Indonesia seems really trigger-happy at nationalizing mines, so I'm considering some alternatives

>> No.30397996

>>30397894
>t. believes it makes a difference in voting
>t. actually believes they are not both financed by the same people.

>> No.30398008
File: 5 KB, 200x352, 9FB3D7D1-4337-42CD-8429-502ADD2C8398.png [View same] [iqdb] [saucenao] [google]
30398008

>>30397958
>I’M GONNA CONSOOOOOOM

>> No.30398020

What's a good place to start with gold? Save up for a coin or two or buy a few valcambi bars now?

>> No.30398029

>>30397852
Belt and Road initiative is slowly falling apart, literally in some areas, and figuratively in others. Belt and Road initiative employs mostly chinks abroad, so there isn't some local economic growth other than on paper, so those people also can't afford Chinese goods.

>> No.30398035

>>30397716
buffalo is 24k pure gold, eagle is 22k gold with a little copper and silver mixed in, but both contain the same amount of gold

>> No.30398040

>>30398008
kek. no i am into producing actually
thats why i settled for asia

>> No.30398056

>>30397996
>actually thinks he believes in science
>thinks there are 42984615842 genders
>thinks you can have 15$ min wage and import millions of unskilled laborers and it will work

>> No.30398071

>>30397651
>confiscation
The only reason for confiscation was that dollar was on gold standard. They couldn't just print more like they do now. And commies had nonexchangeable currencies. The only way for them to get Western goods was to confiscate or sell their goods. And they didn't have much to sell.
If any government tried that today it would only gave more legitimacy to gold. They will create new black market overnight. Even Venezuela didn't tried to confiscate gold of its citizens. Default on bonds is path of the least resistance.
>>30397412
FED is more powerful than any government official. Remember what happened to Kennedy? Even if they somehow succeeded they would make every Federal Reserve Note obsolete in the process.

>> No.30398086

>>30398056
kek no.

>> No.30398099

>>30398020
whatever gold you think is the prettiest for the lowest premium is the best gold to get

>> No.30398102

>>30397965
heidy-ho neighbor!

>> No.30398139
File: 104 KB, 1000x743, huntb.jpg [View same] [iqdb] [saucenao] [google]
30398139

>>30397777
>Partly true, but China has to sell their products to someone right

This is simply a fairy-tale which the American Keynesian media and mainstream academics like to tell. Why should somebody need to sell their products in exchange for worthless paper? What good does the paper do the seller? Why should a person spend his sweat and toil on obtaining resources, or synthesizing resources, to produce something valuable, in order simply to give it away for paper?

Imagine an American on a desert island with six non-Americans. All the American has to offer is a paper-money-printing machine, while the six non-Americans are the ones who do all the real work--fishing, hunting, building, etc. The American is the only one who has a gun, so he forces everybody to give him their labour in exchange for his paper. What thing of any real value does the American provide the non-Americans here? Again, imagine one day the gun malfunctions, or the non-Americans get guns for themselves. What then happens to the American, and what happens to his paper?

>> No.30398151

>>30394749
You make a good argument for why basic goods and luxuries can’t inflate much under these circumstances. Nobody is really going to buy more bread than they currently are. But all forms of actual wealth (property, stocks, PMs), ie things rich people buy, can and will. It’s dumb to base your idea of inflation on what lower/middle class salarymen can do. Gold isn’t bid upwards by Bill the Butcher, it’s bought by whales and governments who are much closer to the source of infinite fiat and don’t exactly need the extra money to buy their groceries, they just need to park it somewhere.

Hyperinflation is a rapid devaluing of the currency caused by a loss of trust. That doesn’t rely on cost-push or demand-pull, it’s just the value of the dollar collapsing to zero so everything valuable is eventually worth infinite dollars. This is how a loaf of bread becomes $1000, not by normal inflation but hyperinflation. That will happen eventually because on the world scale, a dollar is buying less and less value because of the money printing. Bonds priced in dollars will be demanded less because global institutional investors are wise to the fact that the US gov is going to print all the possible gains away. Bond yields will have to rise massively to compensate and attract demand.

The bond yield staying low will crash the dollar. But the bond yield rising will crash the stock market. Either way the people of the USA get a huge loss of buying power.

>> No.30398153
File: 79 KB, 2210x230, Cu.png [View same] [iqdb] [saucenao] [google]
30398153

>>30397857
>just can't bring my self to do it yet

>> No.30398203

>>30398020
I'd wait till you can afford at least one oz in one go.

>> No.30398225

>>30398203
Gold eagles a good coin?

>> No.30398235

>>30397412
>Why gold? Why not copper or tungsten?
Way to show you don’t know what you’re talking about

>> No.30398267

>>30398139
Very fine arguments sir. Cant argue with that.

>> No.30398274

>>30397959
Dude you really don't understand Chinese. When Xi goes full Mao he can just force every Chinese woman to have as much children as she possibly can. Read about Great Leap Forward and Cultural Revolution. They killed every sparrow in China. Do you think they just can't have more children?

>> No.30398297

>>30398225
gold is gold, anon, doesn't matter what shape it's in

>> No.30398314

>>30398225
Yeah, but their 916, or 22K purity. It'll still have one oz of gold, but less pure than others.

>> No.30398340

>>30397982
you bet fren, Galleon is only $0.06 US right now, they've had good drill results and Sprott owns 23%, it should go up from the current price by 25%-100% with the coming PEA. It can only get cucked if gold is smashed down way below $1700

>> No.30398353
File: 532 KB, 750x1060, 1611125347371.jpg [View same] [iqdb] [saucenao] [google]
30398353

>>30397525
>secession
Wont happen. Jews are doing a redo of USSR where they use their pet niggers instead of uzbek mongoloids to serve as their comrade commisars to genocide the whites, just like they brainwashed the russians mutts/mongos into anti-white anti-christian monsters in universities, military camps, police schools and gave them all the officers' positions while all the strategic positions were completely locked by bolchevik jews.

It wasn't up until the very last moment in Russia that jews decided to take direct control of every ministry cabinets, and use all their propaganda outlets in news outlets and schools to push for complete white genocide to free from the "white bourgoisie oppression". Exactly what is already there in the US. Exact same tactics : muh equality, muh class struggle, muh racism. All were used in bolchevik Russia as fallacies to massacre white christians.

And look at the US right now : fake elections putting a puppet in power, every single ministry in direct control of the jews (while they usually stay behind the curtain), especially when it's about : intelligence, army, education, data collection, federal logistic, ie everything required to list and deport white 'dissidents" and gulag or kill them.
Insane anti-white propaganda, publicly asking for their genocide, using the same rethoric. Permanent promotion of satanism and degeneracy to undermine society. Giving officers' positions to niggers and mutts brainwashed in officer schools by woke propaganda...

Everything we are currently experiencing already occured in Russia just before the bolchevik takeover. But now we have big data to trace ppl and CCTV and militarized police in every street.

>> No.30398359

>>30398314
Oh, what coins are pure gold then, if any?

>>30398297
I thought this too but I had no idea some coins weren't pure gold so

>> No.30398362

>>30398274
>you don’t understand the Chinese
that’s why I got one to marry me when you couldn’t. don’t worry, there will be plenty of men left over for you.

>> No.30398373

>>30398297
>doesn't matter what shape it's in
But anon sometimes it does, albeit in extreme circumstances.

>> No.30398384

>>30398139
You, sir have demonstrated that your understanding of economics is beyond mine. I shall concede this argument to safeguard my sanity.

>> No.30398411
File: 246 KB, 1200x630, west point promotion 2019.jpg [View same] [iqdb] [saucenao] [google]
30398411

>>30397525
We are fucking toast. I expect between 60-70M white americans to be starved to death in reeducation camps or killed in the hands of jewish commisars in the incoming years.

>> No.30398435

>>30398373
babbys first gold coin/bar doesn't really matter tho

>> No.30398448

>>30398353
Someone cap this, my phone will not do this gem a troy ounce of justice.

>> No.30398455

>>30398359
All others are 999, leafs are 9999. Just check on the product page. Pure gold is very soft, so the age is mixed with other metals to harden them up.

>> No.30398458

>>30398274
Not that simple. China is already struggling to feed its population and global food shortages are incoming.

>> No.30398492
File: 1.94 MB, 3096x4128, philly front.jpg [View same] [iqdb] [saucenao] [google]
30398492

>>30398435
>first gold
You sure? Here's mine.

>> No.30398536

/pmg/ I have about $1,000 to throw into miners and I'm paralyzed by indecision.

I want moar SBSW and PLG for dat platinum, I want to buy some more silver majors like PAAS and AG, I want to buy the PAN MAN juniors for that 20x+ moon or maybe SILJ because I don't fully trust my own choices, I want some Newmont, I also want some more LIT and other non-precious stuff like UUUU too.

What would you guys prioritize?

>> No.30398547

>>30398455
Copper to harden, silver to lighten the color from Krugerand-Amber (Crayola dont steal!) back to yellow.

>> No.30398581
File: 128 KB, 1024x640, 3E8C0207-C490-40D1-93C5-B43C0E297FAE.jpg [View same] [iqdb] [saucenao] [google]
30398581

>>30398384
he keeps saying “Americans” but it’s a lie. all federal banks in the world are owned by the Rothschilds. all but like 3 countries have a Rothschild bank that prints the dollars and loans them to the country’s government with compound interest starting from day one. They are the ones printing endless worthless money. they are the ones with the gun, and they have it to the back of the Americans head. don’t let the jews pass their sins onto white Americans as they are so fond to do with their chickens.

>> No.30398611

>>30398359
here's a list of almost all modern bullion coins and their purity: https://en.wikipedia.org/wiki/Bullion_coin

while not included in this list, most 19-20th c. european circulation gold coins are 20-22k

>> No.30398612

>>30398536
>I'm paralyzed by indecision.
I call that "Analysis Paralysis" but I did not coin the term.

>> No.30398616

>>30398458
They will just keep settling in africa and everywhere else. The great leap is more about assimilation of other cultures.

>> No.30398635

>>30398139
My question, and one you may not be able to answer, is how will we know when Asia and Russia have decided to no longer trade in dollars? Will there be a formal international announcement (and a resulting domestic panic in the US)? Or will it be more of a subtle, gradually-more-noticeable-over-time thing? I’m just curious about how exactly and suddenly this will unfold, and if our mainstream news outlets in the US will even cover it.

>> No.30398672

>>30398635
They already stopped trading oil in dollars. De-dollarization is a thing, you know.

>> No.30398682
File: 436 KB, 675x601, BAYHORSE___.png [View same] [iqdb] [saucenao] [google]
30398682

>>30398384
>>30398267
Thanks anons

Somebody else put it well and more concisely when he said that China will simply "consume more of what they produce," see >>30397852. I highly recommend this 2001 lecture by Irwin Schiff if anybody here hasn't seen it yet, he explains the same idea there: https://www.youtube.com/watch?v=PldyfV8QBcA&ab_channel=PeterSchiff

>> No.30398720

>>30397834
>>30397894
Thx frenz

>>30397894
Holy ... how it's even possible?

>> No.30398734

>>30398635
Commodities being traded in non usd will be the final nail in the coffin. OPEC is already making noises about accepting yuan.

>> No.30398765
File: 1.11 MB, 289x323, DBE20D51-FBF4-4E93-94AC-61643F87C17E.gif [View same] [iqdb] [saucenao] [google]
30398765

>>30398720

>> No.30398782

>>30396734
Like hiding the gold in your ass?

>> No.30398837
File: 266 KB, 898x1900, hyperinflationmacleodparallel.png [View same] [iqdb] [saucenao] [google]
30398837

>>30398635

Not sure exactly how and when it will take place. I think that the world is looking for America to show its weakness in full before they rug it. I have explained before that debts are denominated in USD and that it is therefore in the best interest of China, Russia, etc. to wait as long as possible, patiently collecting worthless USD from their debtors and hoarding with those dollars suppressed commodities of every kind. I think that everybody will wait until America is quite clearly doomed and finished in full before they put an end to the dollar for good. That's why YCC is so important, because it's a formal admission of defeat for the dollar ("we need to print infinite trillions forever simply to keep things under any semblance of control") and is a stepping-stone on the way to the terminal stage of hyperinflation.

>> No.30398841

>>30398353
>>30398411
Compare average bolshevik to average antifa. Almost everyone of old bolsheviks was imprisoned countless times and wasn't afraid of violence. And revolution didn't happened overnight. There was failed revolution of 1905 and commies only got in power because temporary government was stubborn enough to continue war and they almost lost civil war. US is closer to Weimar Republic than tsarists Russian.
>>30398362
You married some leftover woman?
>when you couldn’t
Why would I be desperate enough to get nonwhite wife? How much did you paid to her parents?
>>30398458
They can just import more food. They can easily start farming operations in Africa.

>> No.30398842
File: 817 KB, 2400x1800, 9EADE285-498A-45BE-856C-7A3B4F57DB18.jpg [View same] [iqdb] [saucenao] [google]
30398842

>>30398782
I stash my silver on the inside. the trick is to mix it with salt water cuz otherwise you won’t turn purple.

>> No.30398864

>>30398536
Can you afford to lose $1000?
If yes, go for high risk high reward.
If you still can't make a decision, investing is not for you, stack cash under your mattress.

>> No.30398880

>>30398071
>The only reason for confiscation was that dollar was on gold standard.
What if - hypothetically - the world starts asking for gold instead of USD? Of course the U.S. gove can invade gold mining shitholes and confiscate their gold too, OK. But they won't invade China to stop them from asking. So what they do instead? That's right, they send the ATF boys to every address that ever purchased bullion by mail or online - I'm sure they keep the record of that, you know. Then they will raid every local gold peddler who sold for cash and demand a full audit to help identify any local gold hoarders.
>If any government tried that today it would only gave more legitimacy to gold.
That's why the governments would crack down hard on any gold holder whose metals aren't kept outside the U.S. soil or hidden in another state at a secret location known only to you.
>Default on bonds is path of the least resistance.
Sure, and its consequences are more dire since most U.S. bond holders are other governments, some of which aren't too friendly to the U.S. in the media (e.g. Russia, China) but hold their cash in U.S. Treasury-guaranteed securities regardless.
>FED is more powerful than any government official.
That's where I disagree, anon. Just this Feb we saw mass debt issuance by the Treasury coming out as a big "surprise" from (((Yellen))) to the goy Powell. She literally holds him by the balls because she knows that if the Fed doesn't buy the Treasury's bonds, the yield will spike even higher and result in the entire world economy going through shit much worse than some fake china flu.

>> No.30398900

>>30398765
Just LOOK at this OLD MAN !
Just LOOK at him !
>>30396653

>> No.30398907

>>30398864
What would you consider high-risk, high-reward?

>> No.30398919
File: 784 KB, 1008x575, schiffpenis.png [View same] [iqdb] [saucenao] [google]
30398919

>>30398782

>> No.30398933

What's /pmg/'s take on stacking cocaine ? Much more liquid than gold.

>> No.30398937

>deflationary fairy's still walking the haunted halls of /pmg/, having their ghostly assholes blown upon by anyone and everyone with a basic grasp of Austrian (real) economics

How many time does Hairy Dent and Steven Scam Metre aka 'The Wrong King' have to be wrong, and how many times do Austrian chads have to be right before you guys get it?

Deflation is a decrease in the available supply of money, which in turn causes an increase in purchasing power, which results in decreasing prices of goods and services. A stronger currency also make existing debt more expensive to repay, and new debt more expensive and unlikely to be taken on.

In a debt based consumerist economic system, in which the entire western world has fully engulfed itself in, the government cannot, and historically has not, allowed deflation to take place. This time will be no different, but you will have to learn this the hard way.

>> No.30398951

>>30398841
I’m not white, I just look white. also I would hardly call marrying a woman before either of us turn 25 as having a leftover.

>> No.30398964
File: 178 KB, 1500x1500, cherry.jpg [View same] [iqdb] [saucenao] [google]
30398964

>>30398933
Hello Mr. FBI. You want some cherry coke with your fries ?

>> No.30398973

>>30398933
big counterfeiting problem rn, it's risky

>> No.30398997

>>30398353
Good post anon, just don’t forget; the USSR collapsed and today rural Russia is known for orthodox Christianity and beautiful blue eyed white women.

(Yeah I know, alcoholism and corruption too, but still, the fact is Christian whites succeeded the Bolsheviks).

If you are afraid of such a thing happening in the USA, just don’t be anything that can be described as ‘bourgeoisie’. Live in a 1 bed place so they can’t force more people to live with you or accuse you of being greedy. Be politically neutral, just use your wisdom to help your family through. Be a grey man. Live in a small town with nice countryside, live humbly, don’t be an employer. Make your home secretly luxurious in implicit ways- not gold and jewels hanging from the ceiling but a great mattress, comfy sofa, great chairs, high quality appliances and furniture. Get your wealth in places they can’t control- sunlight coming through the window. Birdsong. All the USSR proved is that rural people can quietly endure anything.

>> No.30399008 [DELETED] 

>>30398951
oh I’m sorry, that’s a lie. We got married 3 days after I turned 26. Silly me...

>> No.30399011

>>30398973
I thought heroin was being cut with Chinese opioid shit.

>> No.30399049

>>30399008
>I turned 26
>over 26
old boomerfaggot

>> No.30399089

>>30398951
>>30399049

>> No.30399127
File: 45 KB, 471x591, 1589843256122.jpg [View same] [iqdb] [saucenao] [google]
30399127

>>30398635
>>30398672
>>30398734
>>30398837
https://www.bbc.com/news/world-asia-54949260

>> No.30399145

>>30399011
everything is being cut with that shit. it is actually used for women in labour cuz they give them such tiny amounts very 15 minutes or so and the mother’s body breaks it down before it reaches the baby.

>> No.30399149

>>30399011
Any kinda powder has the chance to be impure, and in fact it almost always is. If you want a secure drug, unironically stack weed. More people use it and its way harder to be faked, plus it's currently legal in more places than other drugs.

>> No.30399150

>>30398837
Sounds accurate. Switching gears: I read a post of yours yesterday or the day before where you said or implied that Warren Buffett’s buying and selling of Barrick shares was basically a psyop. I know you didn’t use that word, but that was the implication I gleaned. And that his purchase of Sumitomo Silver is the real story. Can you share some thoughts on that, or correct me if I’m misunderstanding?

>> No.30399155
File: 72 KB, 1057x723, PAAS.png [View same] [iqdb] [saucenao] [google]
30399155

>>30398536
>What would you guys prioritize?
First thing first you don't want to spread your money in too many stocks. With only 1K to invest in, i would max pick up 4 companies and throw $250 in each.

Best thing to do to mitigate the risks while also getting good returns when it moon is to go for half in majors and half in juniors,
Choose 2 stocks from a list of serious majors you like, for example between GOLD, PAAS, AG, HL.. Then set up an entry price determined by their price chart from the previous year and invest once they are below your entry point.
Then do the same with juniors.

For example, if you pick AG because they got good results this year, you can look at the chart and easily determine it's still way too high at $16 due to squeeze memes and reddit investing in, while it was $10 only few months ago with silver at the same price.
You may decide $13 is the price you want to invest in.
Then do the same with PAAS, who wasn't memed much and is fairly priced, but still could go down a little bit when you compare it to all the previous bottoms from the past 6 months (pic related).
The 4 deepest bottoms for PAAS were at $29, and the 5 others bottoms were at $30, so you can put your entry point at $29.50 for example.

Then whichever company from your junior selection hit your entry point first, you invest in it. Same for the majors.

>> No.30399185

>>30398937
>Deflation is a decrease in the available supply of money
wrong, sir. Deflation is a decrease in prices, when the bid and ask prices move down. Anybody who ever traded gold futures or forex can grasp this.
>In a debt based consumerist economic system, in which the entire western world has fully engulfed itself in, the government cannot, and historically has not, allowed deflation to take place.
Correct, that is why they will keep printing more money and sending it to the wrong places, while the economy slumps driving the prices up. You over-estimate the ability of the government to allocate money efficiently, and you over-estimate the threshold of what it takes for average mutt to stop spending, essentially destroying the prices. You already saw the content of the latest stimmy pack: meager $1400 for some Americans, vs. something like $4000 for the rest of the world. Most of that money will go outside of the U.S. and into gold and forex reserves held by sovereign funds and central banks, since they use it to back the local currency and ensure international commerce goes smoothly.
it will not have a significant impact on average U.S. resident's spending, and, therefore, will not result in an inflation we saw pre-chinaflu

>> No.30399197

>>30391900
sry im late, was catching up on the prior two threads. wats the deal with ahold jewelry? ive laid in bed wit my silber but wish I could wear it too

>> No.30399220

>>30397958
iPhones are cheap shit consoomer electronics
Phones, even smartphones, have long passed the time when they were high tech products, except maybe for their sub 10mm chips which of course are not produced in China

>> No.30399250

>>30399049
>under 26
GTFO zoomer

>> No.30399254

>>30399049
of course. I’m closer to 35 than 40, married with 3 kids, gave up everything I worked for to pay for my mother in laws cancer treatment, and now I get to start over just in time to watch the world burn down and I will be perfectly situated to spend the apocalypse shovelling river gravel into buckets and eating pickled eggs and cold oatmeal.

>> No.30399286
File: 178 KB, 680x534, buffett.png [View same] [iqdb] [saucenao] [google]
30399286

>>30399150
Yes, I made this picture just as a quick refutation of anybody who brings up Buffett. Unlike his brilliant father he has hated gold for his entire life so I suppose that we were naïve to entertain any sort of hope that he would change his ways now. But deep down he knows what is coming, hence why he made his convert investment into silver; and _that's_ the one which the media doesn't talk about.

>> No.30399310

>>30399250
>>30399254
kek only joking.
ever played divide and conquer ?

>> No.30399319

>>30392113
You should get a 100oz bar and leave it at that, even still I'd rather spend money on anything else.

>> No.30399448

>>30399310
imagine having such an ego that you take credit for two other people arguing on the internet. oh wait, you don’t have to imagine it.

>> No.30399471

>>30399448
>imagine having an ego

>> No.30399511

>>30397199
Pigeons are quite tasty actually, I ain't even mad

>> No.30399532

>>30398880
>ATF
It's Waco time then. Thankfully I don't live in US.
>U.S. gove can invade gold mining shitholes and confiscate their gold
>they will raid every local gold peddler who sold for cash and demand a full audit to help identify any local gold hoarders
That would simultaneously start WW3 and American Civil war. China would be pissed about invading its proxies.
>world starts asking for gold instead of USD
Easier alternative is to start semiautarkic economy.
>crack down hard on any gold holder
They only confiscated from banks and gold vaults and demanded certificates. They don't have manpower to start nationwide search. And most stackers would be very pissed. I don't think government guys will sacrifice their lives for couple of ounces.
>That's where I disagree, anon. Just this Feb we saw mass debt issuance by the Treasury coming out as a big "surprise" from (((Yellen))) to the goy Powell.
Yellen was Chair before him. Powell is just shabbos goy. And FED is owned by banks not government.
>the yield will spike even higher and result in the entire world economy going through shit much worse than some fake china flu
And how to keep yield down? Print more. Banks who own FED want allow themselves to collapse with high interest rates. Your deflation is just boogie man. FED will never allow deflation to happen.

>> No.30399553

>>30399185
>wrong, sir. Deflation is a decrease in prices

I'm quite certain the literal definition of deflation is correct and your arbitrary definition is wrong.

Deflation 1) an act or instance of deflating: the state of being deflated
2) a contraction in the volume of available money or credit that results in a general decline in prices

A general decline in prices isn't 'deflation'. This is absurd. In that case, deflation has been occuring since the dawn of human economic affairs. Instead what has really happened is human productivity has vastly increased, allowing us to produce more goods and services with more utility, more easily, and therefore more affordably. Describing this process as 'deflation' is ridiculous.

>> No.30399567

>>30399471
I don’t have an ego. I’m a retarded piece of shit and feel I’m better than no man until they prove to me otherwise. I’m just a turboautist. I have nowhere else to go. where the fuck do you think you are anyway?

>> No.30399585
File: 180 KB, 453x763, 1979-1980 mining stock mania returns juniors vs producers.jpg [View same] [iqdb] [saucenao] [google]
30399585

>>30398536
>/pmg/ I have about $1,000 to throw into miners and I'm paralyzed by indecision.
Don't spread yourself too thin. Pick one or two high-confidence, high potential and relatively low risk plays. They exist. Rockhaven Resoruces and Vangold for example in MY opinion.
>What would you guys prioritize?
I still prioritize PM stonks since I see them as undervalued. But once I feel comfortable with my gold and silver miners I want to turn toward copper and maybe nickel or uranium stocks, even cryptos actually.
>I want to buy the PAN MAN juniors for that 20x+ moon
Don't count on Pan Man for moon missions. He's not a stock picker, he's a prospector (and he is biased toward BC miners because that's his home turf). He has said himself multiple times that people should always do their DD, and has provided suggestions that have gone down a lot like Scottie and Pure Gold. Of course, he knows a lot about some of his picks and has multiple years of experience and knowledge in the industry but I advise you to make your own decisions.

I guess since pretty much everything will begin mooning when inflation racks up it doesn't matter much now that I think about it. Just wanted to point out anyways that Pan Man is worth listening to but is not to be blindly followed, that goes for everybody

>> No.30399608

>>30398951
Are you jew? That would explain everything.

>> No.30399644

>>30399286
Thanks. This is a huge story. The fact that the media is covering for the lies of oligarchs is proof positive that the US is a closed society with a malicious propaganda campaign. The real oligarchs enlist the help of their favorite puppet paper-billionaire to FUD the only safe haven that people will have from an impending financial collapse, and our media outlets go right along with the ruse. Sickening cronyism.

>> No.30399659
File: 40 KB, 419x720, bond faggot.jpg [View same] [iqdb] [saucenao] [google]
30399659

There's something particularly gay about declaring oneself king based on a bond from a power higher than you.

>> No.30399670

>>30399511
you shouldn’t be mad, it was a compliment. I used to tell poorfags on /ck/ all the time that they could get free meat by adopting free adult pets looking for a “forever home”. it’s kind of a forever home in a way.

>> No.30399678

>>30398933
>stacking cocaine

If you love ridiculously overpriced levamisole and lidocaine then go for it friendo.

>> No.30399703

>>30399567
>and feel I’m better than no man
>>30397274

>> No.30399708

>>30398672
>They already stopped trading oil in dollars
Legitimately retarded if you think this works in China's favour.
One of the ways they have been able to maintain their export supremacy and infrastructure boom against growing competitors in the low-cost manufacturing space is through constant depreciation of the currency. If you think PM prices are rigged you should compare domestic inflation of the yuan against its supposed market value.
If they fully anchor the value of the yuan to petrol, the demand will be insane and no amount of effort can suppress the value of the yuan. Their manufacturing will be wiped out in a flash.
The petrol deals being done in dollars are a drop in the bucket in the global commodities market and are more theatre than anything else.
Until China can radically transform their economy in the near future and end its reliance on low-cost manufacturing, petroyuan as a global standard will devastate them.

>> No.30399720

>>30398880
>That's right, they send the ATF boys to every address that ever purchased bullion by mail or online - I'm sure they keep the record of that, you know.
Exact, and they will use the same excuse they always use when they want to steal wealth :
>"oy gevalt, gold transactions can't be traced back and we are evidences it's used to finance terrorism and human and drugs trafficking. By confiscating gold we make our streets safer"
The infamous invisible terrorists network so deep and smart no one ever saw it in action nor ever heard about it but in the (((MSM))).

>> No.30399744

>>30399608
god no, I hate jews. I got eskimo, injun, the autism, and the island inbreeding health problems. I’m only here because I’m waiting for the snow to melt.

>> No.30399794
File: 423 KB, 2500x1674, 141022-nelson-bunker-hunt-mn-815_796a402fe256a0c0461676e722d6c2e5.jpg [View same] [iqdb] [saucenao] [google]
30399794

>>30399644

“Mr Nelson Bunker Hunt is an idealistic visionary, because he is working for a better world in which the people govern themselves, without being victimized by a paper aristocracy which profits by manipulating government and inflating currencies. He is a formidable opponent of Establishment Insiders, who seek to make America one more colony in a New World Order.”

-- Garry Allan, 1980, “Hunt for Silver”

>> No.30399857

>>30399703
knowing how to survive during an apocalypse is a terrible way to measure myself as a better man when I do a piss poor job of living through the not apocalypse. pull your head out of your ass.

>> No.30399901

>>30399708
What about SGX ? I took over the rare metals market.

>> No.30399917

>>30399744
How much does mutt like you must pay to get chink wife?
Did you found her in some backwater?

>> No.30399956

>>30399532
>I don't think government guys will sacrifice their lives for couple of ounces.
don't underestimate the degree to which any government agent will go to commit atrocities and get away with it.
>And how to keep yield down? Print more.
And see people who hold those bonds start selling off, expecting to put up with the Fed's bullshit? They don't even need to own them to do it - just borrow and short sell. Even I can do it come noon New York time tomorrow. Just a few clicks and I short TLT and IEF, contributing to the shit show.
>FED will never allow deflation to happen.
how far do you think the Fed will go to prevent it? Would they risk going full Argentina on their debt for that?

>> No.30399976

>>30399155
imho atm 4 quality small cap miners. All should moon to some degree. Go earn more fiat to increase holdings.
>my.plan

>> No.30400055

>>30399917
no, she definitely married down. gave up a real cushy life back home to come to rural Canada with me.

>> No.30400065

>>30399286
>Berkshire invested in Sumitomo which has a large silver mine

Wtf? I haven't heard anything about this other than someone on /biz/ mentioning it, but there was no sauce. This is huge if legit. What's more huge is the cover up. Imagine if it caught wind that buffet was buying silver again...

>> No.30400067

>>30399976
Meant for >>30398536

>> No.30400082

>>30399644
>The fact that the media is covering for the lies of oligarchs is proof positive that the US is a closed society with a malicious propaganda campaign.
Well anyone with a brain figured this out after 9/11. Or with the moon landing for the very oldfags.

>> No.30400141

>>30400067
kek nobody comes to /biz/ to learn how to “earn” fiat, they just want to be told where to put it so the number gets bigger.

>> No.30400242

>>30400141
Then they can "learn" the hard way.

>> No.30400262

>>30400141
>earn
Most folks on biz dont want to earn, they want to win.

/out/, /k/, /diy/...those are boards with earners.

>> No.30400298

>>30399794
What do you think about the recent interview with Don Durret, small caps anon ? I wanted to catch you for this, his prediction on ETF ban which will cause silver price crashing is a serious event I've seen people talking about on twitter recently. Apparently, we should take profit once we reach good gains because gov won't allow to go past 250-300+$.

>> No.30400346

>>30400082
It was always apparent, but this seems especially insidious, considering that countless millions of people could be taking steps to protect themselves from what is coming, and the media is intentionally leading down the wrong road (tech stocks, BTC, sit on cash). It is unarguable at this point that the US government is, in a way, genociding its own people, especially when you consider everything deleterious that is happening right now: lockdowns, small business closures, anti-family propaganda, experimental drugs being close to mandatory, opioid epidemic, heroin epidemic thanks to US troops guarding poppy fields in the ME, sexual degeneracy being forced upon children, militarization of the police, and on and on and on. I’m off on a tangent here, but these high-level collaborations to discourage people from investing in real money are just one more in a long line of things pushing us to our demise.

>> No.30400353 [DELETED] 

Hitler did nothing wrong.

>> No.30400389

>>30400353
oh ya? then why are there still Jews left?

>> No.30400435

>>30399553
>A general decline in prices isn't 'deflation'.
alright anon, technically you are right. BUT
>Instead what has really happened is human productivity has vastly increased, allowing us to produce more goods and services with more utility, more easily, and therefore more affordably.
You aren't getting more products and services when people aren't willing to pay. Result? Deflation. After deflationary pressures occur, producers and sellers adapt by adjusting production and purchase orders. Fewer orders means the prices will have to crawl back up so that the supply matches the demand. One of the best ways to keep inflation running is to boost consumption and demand. Prices decreased but neither did the demand nor productivity. By finding more efficient ways of production and distribution, more units of a product can be made and sold cheaper at a gain for the producer and the distributor. When deflation hits, businesses lose money, not make them. Buyers aren't gaining anything either because they aren't necessarily buying more. That's what happens in deflation. You expect U.S. government to collapse under the weight of money printing and debt, but what experience shows is that when the U.S. government fucks the economy up, the general population starts suffering and grows poorer. You don't see inflation being produced by poor people who can't afford to spend.

>> No.30400473

>>30400353
>fought a war on two fronts
>did not dig in for the winter against Russia
>needlessly declared war on America
There's plenty he did wrong, but his heart was in the right place.

>> No.30400481

>>30393379
Starcore is hardly the bayhorse of gold. The only similarities are in market cap and that they are producing. The grades at their san martin operation are low-med and el creston is low grade moly and copper. I have a small position in starcore because san martin is economically feasible and they will benefit from a moonshot in gold and silver but it's not a 100 bagger.

>> No.30400489

>>30399286
Well, it's legit.

>The San Cristobal mine in Lipez, Potosí Department, Bolivia is an open-pit silver, lead and zinc mine near the town of San Cristóbal, Potosí. The mine, operated by Sumitomo Corporation, produces approximately 1,300 metric tons of zinc-silver concentrate and 300 tons of lead-silver concentrate per day, as of August 2010,[1] by processing 40,000 to 50,000 tons of rock.[2] It is one of Bolivia's largest mining facilities and, according to Sumitomo, the world's sixth-largest producer of zinc and third-largest producer of silver.[1] It is located in southwestern Bolivia and hosts approximately 450 million ounces of silver and 8 billion pounds of zinc and 3 billion pounds of lead contained in 231 million tonnes of open-pittable proven and probable reserves. As the ore body is open both at depth and laterally, reserve expansion potential is considered excellent.[3] The mine has been in various stages of development since the early 1980s but only recently came into full operation.

>Berkshire Hathaway acquired over 5% of the stock in the company, along with four other Japanese trading houses, over the 12-month period ending in August 2020

https://en.m.wikipedia.org/wiki/Sumitomo_Corporation

>> No.30400519
File: 99 KB, 1130x500, macleodbrady.png [View same] [iqdb] [saucenao] [google]
30400519

>>30400298
>take profit
Trouble is, "take profit" into what. Dollars? when we're on the verge of a banking crisis? Sounds like David-Brady-esque thinking to me. If Don Durrett is saying this then he doesn't appreciate the enormity of the situation we're in. Probably thinking along the lines of previous bull markets and assumes that everything is just going to go back to normal and that this is is all simply another "cycle" taking place. It isn't. It's the collapse of all fiat money.

>> No.30400536
File: 939 KB, 828x828, 59D4B350-A2FE-4473-87F1-BF26C9431AFD.png [View same] [iqdb] [saucenao] [google]
30400536

>>30400435
you should stop

>> No.30400563

>>30398153
Yes, that's my point. And there's not really another market. The amount you pay is not low enough for it to be an investment unless you buy a shit ton. Higher value PMs store their value and don't take as much space

>> No.30400589
File: 52 KB, 758x182, Screenshot at 2021-03-07 06-57-36.png [View same] [iqdb] [saucenao] [google]
30400589

>>30400346
This. Capped.

>> No.30400598

>>30400481
Do you see any small cap gold miners which could be 100 baggers? I've heard mention of a 'Baru'. I also like Firefox gold, but it's purely an explorer.

>> No.30400633

>>30400519
No, he's basically saying, same as GV, to rotate into Gold producer the gain you made in Silver before Gov ban ETF which make silver price crash (and so your gains). He's saying anything past 100$ is risky, and certain once you go past 200$.

https://www.youtube.com/watch?v=5jRrEIFTuJA

>> No.30400659
File: 171 KB, 840x839, pepe laugh.jpg [View same] [iqdb] [saucenao] [google]
30400659

>>30399670
>I used to tell poorfags on /ck/ all the time that they could get free meat by adopting free adult pets looking for a “forever home”.

>> No.30400662

>>30400589
I wish I had capped about 100 of Pacifico anon's posts but unfortunately I didn't think to do so at the time and now they're buried in thousands of different threads.

>> No.30400735

>>30398448
P-please?

>> No.30400784

>>30400481
You’re correct. I thought i qualified my statement with something along those lines, but didn’t do so adequately enough. Starcore is a solid undervalued gold miner. I think it is one of a handful of actively producing gold miners still in that market cap size. I personally like the company but have tried (and need to try harder) to emphasize that it is not the be-all, end-all of junior mining investment opportunities.

>> No.30400805

>>30400633
Governments banning ETFs or meddling in the silver market in any way sounds like a red flag to me to the entire world that silver is running out and that the paper price is to be treated as meaningless from that time forward and that everybody should rush into silver as fast as they can and buy it all up.

>> No.30400810

>>30396685
Damn, I like that spreadsheet. I wish I’d have kept track of all my purchases instead of totaling everything in an excel spreadsheet. It’d be interesting to be able to see how much I’m actually up instead of just seeing how much I have.

>> No.30400900
File: 214 KB, 1200x1200, ted-kaczynski-578450-1-420.jpg [View same] [iqdb] [saucenao] [google]
30400900

>140oz AG
>2oz AU
>$2,800 play paper money
Wwyd? Pic unrelated

>> No.30400928

>>30399720
>The infamous invisible terrorists network so deep and smart no one ever saw it in action nor ever heard about it but in the (((MSM))).
I'm really worried anon, if (((they))) can do this shit to b00mers larping for Trump and Q, they can do it with anyone - innocent or guilty. I am not telling people to buy bonds to preserve wealth because we need to trust the gov, I am just saying that we see a decline in certain commodity prices that is a red flag for the economy. Decline in gold means government and private investors are selling off to exchange metals for fiat. Why? Pay the bills? Invest? Shithole analogues of stimmy checks? Colateral on debt? But in general declining commodity prices are NOT a good sign. I am warning of deflation because I know that when hard times begin, that's when money flees metals and goes into the nanny state's ice cold hands, either voluntarily or at a gunpoint. When SHTF the only good reason to hold metals is that instead of losing 100% of your cash value in fiat you can lose maybe 50%, and suffer less than a pure paper investor. Gold and silver may work as hedges against inflation in good times, but they suck as a hedge against wars and famines, because they are often exchanged for more liquid assets to pay for immediate necessities. Simply put, gold may be worth something when SHTF but it won't be worth a bag of rice. My bet is that when SHTF a bag of rice would rather be worth an equivalent of $10k/oz.

>> No.30400930

>>30400810
dont u have the pdf receipt of when you buy online ?

>> No.30400939

>>30400805
Well, what difference does it make with current market ? We know silver real price is far above what it is currently and yet, mining company have their hand tied. What if ETF is banned, price crash and mining company can't make profit anymore ? Or are you saying we'll get an Uranium case where price will be forced to go up for X reason no matter how manipulated it is ? I'm asking all this to understand around when should I get protif since I live in a heavily taxed capital gain country, can't just trade paper for no reason. Thank you.

>> No.30400952
File: 817 KB, 1211x755, krug.png [View same] [iqdb] [saucenao] [google]
30400952

Stacklet here looking to pick up my first ounce of gold. I have 140 oz of silver and about 1/2 oz of gold at the moment. I'm thinking of buying a Krug, AGE, Maple Leaf, or Buffalo with the stimulus cash coming in. Monument Metals seems to have the best deals with a 1 oz Krug being the lowest cost. Any advice?

>> No.30401109

>>30399956
>And see people who hold those bonds start selling off, expecting to put up with the Fed's bullshit? They don't even need to own them to do it - just borrow and short sell.
They will just implement YCC and it won't matter anymore.
>how far do you think the Fed will go to prevent it?
They will go with any measure necessary. They will rather print now than let every bank fall. They would still have to print to cover for guaranteed deposits. They don't want another Lehman Brothers.
>don't underestimate the degree to which any government will go to commit atrocities and get away with it
They will forcefully confiscate gold from every stacker but won't sacrifice bond holding boomers. Do you think they will tax rest of population 90% rate just to give your money back?
>Would they risk going full Argentina on their debt for that?
Who will stop them?

>> No.30401123

>>30400952
an anon made a fine point about krugs last night and how you pay them fiat for the true wealth of their nation and long after whatever they spent the fiat on has crumbled, that wealth they sold it for will never come back to them. Buy gold krugs if you like them.

>> No.30401129

>>30400536
ok I will.
go play with your shiny metal. I am sure that when the apocalypse happens it will be worth something to the starved masses looking at a pair of kidneys to roast.

>> No.30401156

>>30400928
except you are in your kid mad max scenario, such a scenario isnt what the elites want+tell me once time in history when such a thing occured internationally (not an isolated country or region), you will always have counties and location abundant in food and common necessities which they will trade exclusively by silber and godl

>> No.30401191

>>30397199
>>30397855
>>30399511
https://www.youtube.com/watch?v=yhuMLpdnOjY

>> No.30401236

>>30400939
You say that he's positing this idea of rotating out of miners when you get $100-$200 silver but as far as I can see the world as we know it has already come to an end at that point. That would expose the dollar as an utter fraud and high inflation as well and truly here. The short positions of the banks would also be broken. The momentum would only grow and grow from that point onward because a PM bull market is self-perpetuating, the higher that PMs get the more people fear inflation and want to own PMs. It seems to me that banning ETFs would only make the public panic more and buy even more silver. To the extent where you would get 1000 oz bar shortages, not simply retail product shortages, and then it wouldn't matter what the paper price is because the price is the price. Also, mass awareness is growing about silver manipulation. If the world and the general public come to accept that the only reason why silver is so low is because it is manipulated, and the mining companies get together and refuse to supply the COMEX, then that will revolutionize everything. And again people won't care about the paper price.

>> No.30401277

>>30401129
Gotta survive the churn with your stack first, you did properly equip yourself to have a chance right?

>> No.30401369

>>30401236
https://twitter.com/DonDurrett/status/1367200193205071873

>> No.30401396

>>30401277
yes, I have my crossbow + machete, survival kits and a supply of canned food, tea and coffee.

>> No.30401434

You boomers rub your shiny rocks with graven images that you can’t eat since it isn’t as tasty as stonks, bonds, crypto and real estate, all owned by the jews who manipulate the price so you only have slight price appreciation for stupid metal that has no intrinsic value that can’t be instantly transferred internationally and probably just faked with tungsten anyway even though it’s not an investment since deflation is totally going to take the price to $4oz. and wouldn’t even be worth anything in my hyper specific mad max scenario since there’s no historical record of gold being valued in a world without technology and will be rendered pointless with asteroid mining considering it isn’t even money but just a relic commodity with no real uses in a pointless hope that there will be a return to a metal standard even though the dollar is the strongest currency ever to exist and has no way of ever failing while paying schlomo 38% for physical premiums instead of buying SLV and GLD and missing out on the crazy returns from crypto.

>> No.30401459 [DELETED] 

>>30401191
kek thanks for that

>> No.30401494
File: 1.61 MB, 1008x1620, 1615126570872.png [View same] [iqdb] [saucenao] [google]
30401494

>>30401434

>> No.30401500
File: 362 KB, 828x648, B66438EE-BBBD-4780-8D22-845E998160C7.png [View same] [iqdb] [saucenao] [google]
30401500

>>30401434

>> No.30401519

>>30400598
I don't know of any, but there are plenty of productive companies (such as Starcore). High grade gold is few and far between.
>>30400784
No worries, when we talk openly like this it's the best way to sort out the info out there so we can all make the best decisions.

>> No.30401520

>>30400298
>his prediction on ETF ban
do you still have the link? I can't find it

>> No.30401536
File: 488 KB, 2335x1217, ultimate doom.png [View same] [iqdb] [saucenao] [google]
30401536

>>30401369
He says: "I would also prevent 1000 oz bars from being sold retail." Who is the "I" though? There are 195 different countries in the world, are they _all_ going to ban their citizens from buying 1000 oz silver bars? If they did so then picture related is our fate anyway and we might as well fight rather than live under a perpetual tyranny.

>> No.30401547

>>30401236
>people won't care about the paper price
Or as my dad says "Nigger rich".

>> No.30401593

>>30400928
>Simply put, gold may be worth something when SHTF but it won't be worth a bag of rice. My bet is that when SHTF a bag of rice would rather be worth an equivalent of $10k/oz.

The skyrocketing relative value of bodily necessities in an unlikely SHTF scenario is why the schizopreppers here stack all manner of supplies too.

As I've stated before, if things get really bad I've got 50 pounds of pure pharmaceuticals to trade for undervalued PMs or goods I can actually use or barter with. Among many other things I've been stacking propane too, only $42 for a new (no exchange) 20lb tank. Urgent exigencies may make gold momentarily less valuable than food, fuel, ammo or medicine to the unprepared but rice won't be more valuable than gold indefinitely, so I intend to trade my surplus and stack jewelry and wedding rings to the rafters if the great asymmetric opportunities of economic cataclysm arise.

>> No.30401627

>>30401547
>my dad
brag

>> No.30401642
File: 2.84 MB, 4000x3000, silbeer.jpg [View same] [iqdb] [saucenao] [google]
30401642

>>30401434
guess wich im going to keep as a StOrE oF vAlUe

>> No.30401646

>>30401520
nevermind, I just noticed your other post >>30400633

>> No.30401679

>>30401129
only way my stack is gonna help me through the apocalypse is by putting it in a sock and bashing heads in with it. actually I have Kevlar sleeve guards I could probably modify...

>> No.30401700

>>30401627
If you're not proud of your heritage, then you're a faggot or the son of one.

>> No.30401705
File: 471 KB, 1600x4200, CollapseSelco.png [View same] [iqdb] [saucenao] [google]
30401705

>>30400928
>When SHTF the only good reason to hold metals is that instead of losing 100% of your cash value in fiat you can lose maybe 50%, and suffer less than a pure paper investor. Gold and silver may work as hedges against inflation in good times, but they suck as a hedge against wars and famines, because they are often exchanged for more liquid assets to pay for immediate necessities. Simply put, gold may be worth something when SHTF but it won't be worth a bag of rice. My bet is that when SHTF a bag of rice would rather be worth an equivalent of $10k/oz.

Selco was a con-man

>> No.30401750

>>30401396
>crossbow + machete,
NGMI....

Unless you have all 50 of your famalam and neighbors in formation, you will be overrun quickly.

>> No.30401957
File: 28 KB, 326x261, 1545881774500.jpg [View same] [iqdb] [saucenao] [google]
30401957

>>30400805
You can't imagine how deep the lie rabbit-hole goes.
Recently, i started to scrutinize all the USGS yearly reports since 1996. Especially concerning silver.
And you know what i found?
The global estimated underground reserves almost didn't move a iota, it vary between 480K to 520K tons since the mid 90's. While we mine 25K tons per year. So the national geologist agency tells us since years that we have 20 years left of silver undeground.

Of course yes, new extractions methods can help optimize the deposits, and yes, we have new technologies to find silver deposits and extract from spots previously deemed as non profitables.

But if you go in their technical annexes about definitions, they make it clear that's their calculus method is supposed to take into account supposed silver deposits, ie non discovered yet, mainly using averages of silver concentrations in the earth crust on various continents.

So it can only mean three things. Either :
- silver is way more common than what we are made to believe, and they induce a fake scarcity to sell it for more than it's real value.
- silver spots are getting depleted at an alarming rate and resources left are scarce, so they don't want people to rush the metal making the issue worse, especially for the industries. Thus they fud silver by announcing a similar reserve underground worldwide year after year.
- by a true miracle of god, we somehow find each years new deposits containing the exact same quantity of silver we just mined the year prior since the 90s.

Idk if it's fud or fake scarcity. Something tells me it could be fud since :
- prices are manipulated downwards
- industries are incentivized to use alternatives to silver
- countries all stopped to use silver in their currencies at the same time (early 70's)
- the yearly demand is not met by the production, and the difference is only met thanks to national banks reserves being melted down and sold bit by bit every year (we are now at almost zero)

>> No.30401974

Reposting because I didn't get much attention last time:

On the subject of making shit tonnes of money, i've found a REALLY interesting small cap i would like the usual suspects here to have a look at.

This one is more geared towards the lesser known precious metals, palladium and platinum. they also have large reserves of nickel, which anyone aware of the commodities supercycle will also be very bullish on

>Nickel Creek Platinum (NCP): 2 billion pounds Class 1 Nickel plus 6 million platinum/gold ounces, and 1 billion pounds of copper
>Current Ratio 3.67(has more than enough money to cover current debts)
>$40 million market cap

Need to know a lot more about this, but it looks like insane value from here.

>> No.30402006
File: 62 KB, 583x833, Screenshot_20210307-092605.png [View same] [iqdb] [saucenao] [google]
30402006

Turned my stimmy into real money

>> No.30402032

>>30398225
yes

>> No.30402048

>>30400928
The prepper community is likely a government psyop. There is tremendous value in making preparations for brief supply chain interruptions, but buying tens of thousands of dollars of gear and packaged foods in anticipation of a months-long grid-down situation seems like a questionable decision. The Texas ice storm of a couple weeks ago and the Metcalf sniper attack from 2012 are the most prominent recent examples of grid-down situations and those didn’t result in raving hordes of looters. You would have to go back to Hurricane Katrina to find anything like what some people think they’re preparing for with a dollar collapse, and that instance was caused by a natural disaster. I don’t think things will get quite that bad to necessitate stockpiling hundreds of lbs of rice, for example.

>> No.30402079
File: 1.83 MB, 1284x2420, 5419B0D6-38AE-4B64-9704-CAFB4AF4B748.jpg [View same] [iqdb] [saucenao] [google]
30402079

>>30400735

>> No.30402101

>>30402006
>1 kilo random bar
absolute legend

>> No.30402166

>>30402048
Things will get bad but the only people who make it will be the very wealthy, and people in resilient equitable communities that grow their own food. Hoards either get stolen or run out, what are you going to do then? The last hoarded bullet most preppers fire will be through their own skull

>> No.30402262

>>30402048
based and true. I would say that a good security posture including locks, guns, and computer security, is very useful for regular daily life. as well as being able to grow your own food and maybe have a few nitrogen-sealed buckets of staples like wheat and beans. that's not "prepping" though, it's just common sense.

>> No.30402279

>>30395677
If you think a gold ring will somehow build "street cred", you should probably stay the fuck off the street my friend.

>> No.30402284

>>30402166
thank god. most of them are fat fucks who are content to sit in a hole for years as long as they can keep shoving calories in their faces.

>> No.30402344

>>30400353
Hitler didn't go far enough.

>> No.30402349

>>30402048
exactly, those witouth metal will be in extreme poverty trhiving day to day to eat like in africa ( do you see shtf scenario in africa where they eat sand cookies ?)

>> No.30402394

>>30402048
I've always told people that what they should expect is something like the collapse of Argentina. Argentina used to be an extremely prosperous and wealthy country, just like America today, so understanding what Argentina looked like after its currency-collapse is extremely instructive as to what the West in general will look like. It got bad there but it wasn't like the prepper's perpetual-nightmare fantasy. Dominic Frisby gives a brief overview of post-collapse Argentina here (see timestamp):

https://youtu.be/og4YhOc2f2w?t=1210

1970s Britain is also an interesting parallel.

>> No.30402427
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30402427

>>30402006
did u already get it into ur account? also I love predictable crypto has become and how tied it is to the overall market
>stimmy checks go out
>shitcoin prices go up brrrr
it couldn’t be more gimmicky than this

>> No.30402438

>>30401750
He likely lives in Yuropoorland, with cucked gun laws and such. Upside is, the starved masses probably don't have a gun nor a crossbow or machete either.

>> No.30402459

>>30401957
That is odd.
conversely, how we were supposed to run out of oil by now, but there's still an abundance

>> No.30402710

>>30402394
What's worse; 1970's Britain or 2020's Britain? My father grew up in 70's Britain and it sounds like hell on earth, at the same time it also seems a world away from how shit things are now... The economic conditions of the 70's combined with social and political conditions of today would make for a literal dystopia.

I always imagined the decline of the west to parralel the previous and continued decline of the south American countries, mixed with similarities from the Balkans decline in that I anticipate balkanisation, at least in North America. I just cannot see the USA stay cohesive for another 25 years.

>> No.30402715

>>30402427
No, but I'm eligible so it'll be here someday, i can float the cost until it arrives. Just needed to wait for them to sign the damn thing

>> No.30402722

>>30402459
Exact; i wanted to add few counterpoints like this one but i reached character limits on my post. Also i prefer not to think about it since i've 90% of my net worth in silver lol :x

>> No.30402745
File: 558 KB, 640x480, japan.webm [View same] [iqdb] [saucenao] [google]
30402745

Who's baking?

>> No.30402844

It's just me or copper is about to go down?

>> No.30402864

>>30402710
Dominic Frisby gives an overview of what it was like in '70s Britain after the Argentina section. Have a listen, you'll find it really interesting (the whole documentary is interesting as well). People scouring supermarkets by torchlight, dead bodies piling up in the streets, etc.

Of course '70s Britain simply had economic collapse, but modern Britain has already collapsed morally which is infinitely worse.

>> No.30403182

>>30402864
I've already listened after you first shared this last year, very distressing listening. Hard listening, but necessary. At least me and my loved ones are prepared.

>> No.30403183

>>30402864
>People scouring supermarkets by torchlight, dead bodies piling up in the streets, etc.
Sounds more like some post-apo fiction novel than history.

>> No.30403204

>>30402745
>booba perfection
so long fren

>> No.30403239

>>30403183
>Sounds more like some post-apo fiction novel than history.
how history repeats

>> No.30403257

>>30403183
The hard times are hard to imagine when things are good and have been good so long, and that's precisely what makes the hard times worse. No one is prepared.