Gold ATH edition. /CMMG/ predicted this.
>>23229839Silver has to start outperforming
>>23229912It did outperform pretty well recently. Too bad a lot of the miners barely make any money even at 40.
>>23229912owning gold has been so much more carefree than owning silver ever was. Even if I ended up making more money with silver in the end, it's just not worth the stress. Because we all know silver is the degenerate swingoid metal that will end up crashing back down when this bull market is done with.
>>23229839I envy the people that were old enough to buy gold back when it was like $400/oz
>>23229938I mean I guess you're right, but if i were American (Fuck VAT on silver literally paying 50% premium to spot to buy silver here), I would have a monster box of silver under the bed.
>>23229948>I envy the people that were old enough to buy gold back when it was like $400/ozSo boomers... We all envy them.
>>23229948you would have done sooo much better just buying the US stock market though. SP500 was a mere 110 in 1980 when gold was around $400. SP500 today is over 6,400! Though gold and related equities have had periods of obvious outperformance.
>>23229993>you would have done sooo much better just buying the US stock market though.Yeah, but in boomer times whatever you bought you won. Gold? Win. Stocks? Win. Real estate? WIn, You just can't lose, only those hoarding cash lost
>>23229989true but hey we can settle for just beating out contemporaries in investment returns. The game is much harder now but it's still winnable.
>>23230002lol even the boomers who hoarded cash did well I think. The pay was so much better relative to cost of living that even the most retarded boomer made out of life like a bandit, and is still fortunate enough to get a pension
>>23229989Most of the people buying gold back then would have lived through the depression and done so through their mistrust of banks. Most of the boomers would have sold it off when they inherited it.
I’m cumming on a gold sovereign tonight, maybe the cock, to celebrate
>>23229983yeah the volatility is one this but the VAT + jewpremiums basically just kill silver as an investment for me.
>>23229993I was talking more about circa 2001, but I guess gold did spike in 1980. I'm aware that the stock market generally outperforms gold and silver, but you can't exactly hold your S&P 500 index fund holdings the way you can hold a gold bar
>>23230039>>23229993You’re thinking about it wrong. This is all a reflection of currency devaluation. It’s just placing bets on scarce things that will have the most demand (most liquidity flowing in).
we're flat
>>23230011>lol even the boomers who hoarded cash did well I think.Checked, guess you're right, plus interest rates were like 20% back then, so you could actually save,
>>23230039true and I do like having physical gold>>23230060correct, but some things perform better than others inflation notwithstanding
>>23230026Back when silver was like $20 I had to pay like $40 to buy it, because of VAT and premiums. Shan't be doing that.
>>23230060>You’re thinking about it wrong. This is all a reflection of currency devaluation.Yeah, I mean don't we all here make more money by speculation on mining stocks and stocks in general, probably gaining more than we could ever with our IRL jobs/skills. Personally sitting on 2 years worth of salaries on profit. Kind of funny when you think about it. Working isn't worth it anymore at some point, unless you enjoy the job. Taxes are just way too high these days, the government takes 40% of my shit.
>>23230406Yeah, I quit a decent job couple of weeks ago because of this same thinking. I want to enjoy this last year of what I think will be normalcy. And I think it’s dumb to think you shouldn’t do large time off if you’re responsible with money. Americans all seem to think it’s weird to take a year off before you’re 65.
>>23230406A day job is totally necessary when building savings from the ground up for sure though. You need some baseline savings from which to compound. Big difference to gains depending on where you start. Doubling a thousand bucks doesn't mean jack. Doubling ten thousand starts to matter a bit. Doubling one hundred thousand dollars is already multiple years' worth of work for a poorfag working a low wage job (especially if you live in a shithole with low wages)I think I'm actually grateful that we had multiple years of bear markets in gold miners. Beyond learning about the sector and becoming more sophisticated it allowed me to gather more savings which now matters a lot for my current bottom line. And compounding means making money will only get easier from here
>>23230433>A day job is totally necessary when building savings from the ground up for sure though.Yeah, but you reach a point when your day job increases your net worth by 0.1%. Some days i make more profit in a day, than i get paid for the month. Idk seems unreal to me, like something must be really really wrong, for things to be this way. And it keeps getting worse/better every year depending on if you're invested in the markets on not.
>>23230431>Americans all seem to think it’s weird to take a year off before you’re 65.Same train of though here, work till retirement never stop. Just slave away even when you stop enjoying the work.
Speaking of making money, everything is sky high (including gold), and bond yields are about to break out to new ATHs. Idk i just feel like 6% yields will cause some issues for the markets. It's just way too high, with inflation cooling off. Long term bonds could be a contrarian play soon for a nice 30-40% gain. Thought on this?
Bonds are a bloodbath, and for a good reason, central banks have been suppressing the rates for too long. But most central banks have paused the open purchase of bonds (some doing soft QE). This is causing rates to return to more reasonable levels. And of course like all markets they overshoot to the upside and the downside. Idk am I stupid for thinking there's going to be a big bounce in fixed income securities particularly US/EU long term government debt?
>>23230480I don’t know shit about bonds but it’s starting to look hairy enough that central banks might intervene, which would probably be good for contrarian plays, because they generally make things more clownish
>>23230508I mean I ain't buying gold at $3.5k that's for sure. There are some value plays in the US market, but most of it is in LaLa Land, and bonds have been in a bloodbath bear market since 2020, and a 6% "risk free" isn't sounding too bad, considering you're getting the bonds for a 40-60% discount.
>>23230519Yeah that makes sense. You saying you would outright buy a 10-year? I try to imagine what things were like 10 years ago and what it’s like now, and I can’t commit to locking up my money in something that long at a fixed rate. Shit can go super clown in a mere 10 years
>>23230508UK 30y GILTs at 5.69%. Eurobonds moving higher, Treasuries looking like they're going to break above 5%. Yeah, shits about to get real if CBs don't start buying this debt the economy will spiral into a shittornado, turning into a shitstorm soon thereafter. Imagine a 8-10% mortgage with inflation at 3%. Idk maybe I'm just schizo.https://www.youtube.com/watch?v=56G4c9FEvZQ
>>23230560I’ll see you in the citadel
>>23230539I mean you don't really "lock" in your money for 10y, this shit is as liquid as diarrhea. You can buy it at open sell it at close. I think the economy slows down with a 6% "risk free" rate. Consumer debt is going looking good, at least not until central banks start buying the debt again.
>>23230539>>23230586Oops, looks like i deleted half the sentence by accident. What I meant to say with the risk free at 6% mortgage debt is going to be at like 8-9% and consumer debt at +10%. All that with an inflation rate of 3-4%. It ain't looking good for the economy. Maybe I'm just schizo.
>>23230708No you’re seeing clear. I am just thinking that this is going to call on new “tools” that are pure clown. I think gold is late in sniffing it out too
>>23230894>I think gold is late in sniffing it out tooGold is literally pricing in the next QE right now. Once the economy shits itself, and they announce QE, gold will probably peak soon there after. Why? Because it means inflation and that means interest rates are going higher.
And QE means endless liquidity for the bond markets, we are probably going to see bonds going up 10% on the week. If what I'm thinking happens actually happens.
Could capital flight into USD for liquidity with these rising euro yields damper the price action for gold in USD terms? As long as Japanese and Euro yields outpace US ones this is possible, no?
>>23228439Jari, I will need /CMMG to help me pump the optionee. I am flexible with regards to partial payment in shares, so if Rana, Graeme or Keith come knocking, then we need to support them.I have over 2,000 leads that I'll spend the next months pursuing. I can imagine some Australian shitco agreeing to my terms.This is still developing, but I'm closing my BLLG short and focusing 100% on this when I get home. I'm fukken stoked to be doing this. I was out here in May, 2013, when the POG tanked and essentially ruined my plans. Now, it's the opposite.>>23228526I'm the optioner.
why is this thread here instead of biz?
>>23232196/biz/ jannies are gay and they tried to do that email verification thing back then so we came here
>>23230396you just have to buy it under the table. I can't say that I have ever bought silver without paying the proper taxes, but maybe buy some old Monkedonian (yugoslav) silver. I think most countries don't charge full taxes for defunct currency.
>>23230453Of course, my point was more about why having a job is important when you're starting off. A millionaire doesn't need to work because he's a millionaire. But we're not millionaires so we work and it's the right financial decision. I'll continue waging until I have enough savings to comfortably retire and then some.
>>23230480Gilts (UK bonds) might be a good contrarian play. They seem super oversold.
>>23232196Jews
>>23232207They stopped that shit a long time ago and everyone went back there
>>23232144What have I missed? Shortbro is a miner CEO like Graeme, only in NV? Does he have the white cowboy hat?
>>23232920As you can see the last bear has turned into a bull. The top is in.
>>23232882>everyoneClearly not since we're still hereMaybe we'll go back and shill our bags on the rest of them once we're closer to the top
>Collective Mining Announces a New Greenfield Silver Discovery at the X Target by Intercepting 12.85 Metres at 503 g/t Silver Equivalent CNL is the gift that keeps giving
>>23230453Yeah I have days when my portfolio swings 10k. Really demotivates you from working.
Another day, another green candle.
41 silver reached
https://www.youtube.com/watch?v=aSn1g-6h1OQ
>>23232965>turned into a bullLike I've said, Jari, the best way to make money in this sector is by selling. My new venture is merely an extension.
https://www.youtube.com/watch?v=9aF4EUag3eM
For the past month I've been beaten by the fucking GDXJ.So annoying.Gold goes up and my miners either barely move or dump
>>23233001>Clearly not since we're still hereIt's literally only us./pmg/ /smg/ are all back there./biz/ yearns for commodity stocks yet we refuse to make our presence known
>>23233647Make a thread there and I'll shit in it
>>23233643which miners do you have if you're losing to the junior index
>>23233657I'm too lazy LOLwhoever makes it, it should include the old copypasta for OP
>>23233647/smg/ is here on /bizant/ium though but feel free to go back go /cuckbiz/ if you want
>>23233660FMANSTASnowline(went down slightly today and I threw a temper tantrum)
>>23233647not going back
>>23233663>but feel free to go back go /cuckbiz/Its all the same website, it's just that board has more traffic for investing related shitAlso Bant /smg/ is 90% porn, 10% stock discussion.
>>23233669Suit yourselfI just wish these threads were faster with more discussion
Meanwhile silver is still rising
>>23233539>I only bought to sell higherthis is literally the long side thesis. Welcome to the bull camp!
Do you jerk off?
AhahajahahahahahahajaaaahhahahajahahAHAHAHA Is this a one of shorties? Where de fuck did KITCO took this moron from? Just look at his face, he looks so damn scared it's insane.https://www.youtube.com/watch?v=FEGjfgWnqXg
>>23233700I do it by candle light now since I entered a new social class
>>23233731Do you have a silk tissue too?
>>23233724Not gonna watch and he looks like a nerd but at least the title is true, silver is in good supply and isn't a critical metal tbqh>>23233668>FMAN>STAnever heard of these shitcos and I follow the sector pretty broadly
>>23233742He also claims that interest rates have zero influence on gold price in USD
>>23233746so he's both a nerd and a retard. Most people are not worth listening especially in this sector.
>SIL up 2.6%>$AG in the red
>>23233742>never heard of these shitcos and I follow the sector pretty broadlyOkay then. I think they're going to do well. >>23233805Why does this happen? So weird?Who tf is selling when the base metals are pumping this much?
>>23233880>why this happens1. It grew in recent days2. It suits shorties3. It's still not liked by majority
>>23233880>>232339134. it's a shitco
Thoughts on Coeur?
>>23232144Exciting venture you have going on, hopefully you can get someone to option it that would be pretty cool. Do you have any details on the work done on the property? why do you think it's good?
>>23233919
>>23233920Should be a fine pick. One of the bigger silver producers. I rode Silvercrest for a bit but sold before Coeur bought them out, I thought that they paid a very full price for the company. The silver mine Silvercrest owned had some uncertainties with the reserves and I'm not super up to date with how that whole issue resolved. The issue was low reserve life and potential downward revision to the mineral reserves. If you want to buy Coeur shares I recommend checking out news related to that mine to see whether there's been news about the reserves there. It's otherwise a great high grade silver mine. Don't know about their other mines or projects.
>>23233805
>>23233647/biz/ threads are low IQ. Literally r*ddit teer shit.
>>23234253The really good part about moving here is that we don't have to endure crypto shills and retards asking to be spoonfed
>>23233920>>23234061What in the hell?
HERE IT COMES!
>>23233668>Snowlinewill outperform once the PP closes tomorrow and they likely have some killer assays teed up for release going into Beaver Creek
>>23233683Based! Shortbro has joined us!
>>23233647/pmg/ is a cult of the shinies thread Nothing against physical but at some point it's just not healthy
>>23234632Just Coeur lore
>>23234969/pmg/ are brain dead morons who buy gold because they think owning gold would outperform inflation yet they don't buy miners because they claim miners won't outperform inflation by owning huge amounts of gold. Don't ask me how the fuck they don't see contradiction in their stance.
BTW remember that CFD exists in Europe and that brokers who offer it are literally the casino owners.
https://www.reddit.com/r/wallstreetbets/comments/1n7bx0a/heres_how_my_gold_swing_did/
>>23234997It's kind of a cult really.We're going to make far more money than them.I can see boomers buying rocks to protect against inflation and make a reasonable gain, but imagine being a zoomer and missing this generational wealth.
>>23234731major sell signal>>23234997the /pmg/ stance stems from the average /pmg/nigger being dumb as rocks. They're literally the Grug from the meme. Most of these guys got on board the pump in junior miner shitcos back in 2020 when the Silver Jew was at the helm, then got brutally dumped on. As a result a lot of the /pmg/ dwellers started taking a hardline stance against all mining stocks. Which isn't that bad of a choice for retards who don't know or care enough to do proper due dilligence. They'd just lose their money again because they would once again buy the shittiest pump & dump scams. They are dumb money so it's smart of them to do something relatively foolproof with their capital.
>>23235122>major sell signalWhy? CNBC talks about tech stocks all of the time and they've risen for over a decade.This bull run is going to last a long time.
>>23235134just the classic MSM contra meme. I only meant it tongue in cheek for now but I do honestly think that the more gold and gold miners become popular as a trade the more important it will be to take profits. Nobody talked about gold the last few years, that was a buy signal. When I start seeing "gold this, gold that" on mainstream media I start getting worried on instinct.Another classic sell signal is when you start seeing ads everywhere saying "We are buying your gold/jewelry!"
>>23235161OK, Rick RuleYou take profits and do what?You think trade ends this winter if gold gets on TV more often?
>>23233735No that’s a good idea
>>23235217>You take profits and do what?buy something else duh.>You think trade ends this winter if gold gets on TV more often?no
>>23234997>>23235122so what causes mining stocks to go up in price/value? I presume they track with increased demand and higher prices.Also, any recommendations for mining company stocks?
>>23235532>so what causes mining stocks to go up in price/value?underlying commodity prices, company-specific results and news, and market sentiment. Right now it's party for everybody since the gold price is sustainably higher than ever before, earnings results and project fundamentals are better than ever before, and sentiment is finally beginning to catch up with the market realities.>recommendationsif you don't know what you're doing why not just buy the gold or silver miner index? I guess if you need to hear a few recommendations, some of the lower risk ones I like and feel comfortable recommending are Northern Star, Agnico Eagle, Eldorado Gold and Pan American Silver. If you like copper, check out Rio Tinto and Ivanhoe Mines. I don't like giving recommendations though since I would feel bad if something went wrong and you didn't know whether it's time to sell or buy more. Not something I want on my conscience.
>>23230453I know the feeling, I’ve made like 30k since Aug 20th on shitcos, and yet make like $140 after tax per day. Shit sucks and I’m studying trading to get into that and quit when I can reliability make $150 per day risking less than 1% a trade. I’ll have a 100k account so shouldn’t be impossible with the right catalysts, setups and executions.
>>23235878If I wanted to retire I would just look into selling covered calls or something
>>23235878$100k definitely is not enough to retire comfortably. $1mil is an absolute minimum and you'll be living fairly minimalistically even then. Count in inflation and a reasonable target for "making it" becomes closer to $2mil. A thought exercise I use is, how much capital would I need to coast with a 3-4% dividend yield. With $1mil that'll be $30-40k pretax which aligns with a low income day job's annual wage.
https://fintel.io/ss/us/agOff-Exchange Short Volume 7,166,292 shares - source: FINRA (inc. Dark Pool volume)Off-Exchange Short Volume Ratio 39.44 % - source: FINRA (inc. Dark Pool volume)Shorties love livin on da edge
>>23235944GDX is hugging its previous all time highs, check it out. We're so back.
>>23235955My honest reaction
>>23235878I'd say fuck trading, just invest until you have enough money to comfortably live on and enjoy life. For some that's 500k for some 2mil.
>>23235938>$1mil is an absolute minimum and you'll be living fairly minimalistically even then.I disagree, idk when it comes to living here like I own my house and 1mil is enough i can buy like 3 flats for 400K and rent them out and the rest is for investing. literally 600 euro passive income per month just from the rents. Like depends on where you live, what you want to do in life and if you own your own residence.
>>23235988>>23235999Of course it depends on the country. I was speaking from my own perspective, and it's something I would assume applies to North America too. How much in dollar terms is you guys' typical low income wage? That's usually the minimum needed for living halfway comfortably.
>>23235999My Turko-Slavic brother, how many square meters is the flat in question?
>>23236011Minimum wage is ~$450.>>23236014~70sq/m.
>>2323608470 square meters? This is huge as fuck in Poland.
>>23236084lol then I could already retire with my ~$200k if I lived there. But I live here where stuff is more expensive. But my wage is of course higher too. Need like $1,400 a month bare minimum to live here ($1,000 for rent/mortgage and $400 for other costs though there is some variance of course)
>>23236099Yeah, but Poland is a more civilized country. My house is 300sq/m with a 800sq/m yard. It's located in maybe the second or third best spot in the city. Idk the houses near me are listed for like 400k, but I doubt i could get that much for it.
>>23236128My goal in life is not to retire, just to live on my own terms. Most retires I talk to are just idk bored to death i guess and tell me they lost contact with a lot of people they used to work/hang out with.
>>23236130>My house is 300sq/m
>>23236172What's that cost in Poland like 50M zloty? Real estate prices in Poland are something else.
>>23236157Yeah it's about more than just money. Easy to get lost in the numbers and sell your soul for Mammon. I already try to live in the way I want to live. The big trap is wasting youth in search of riches and then not getting to enjoy life at an older age when you have money. There's an old Finnish classic hit song from like the 50s about a rich man who laments that he cannot buy his youth.
If I can get my account to £200k I'll consider myself retired (rather than just unemplyed). House is paid off and I'm happy being boring. Global Atomic is my ticket.
>>23236191I feel like you'll never feel like you enjoyed a particular time in life if you're a forward thinking individual, because you always sacrifice the present for a better future.
>>23236190https://www.otodom.pl/one of major platforms for selling/buying houses and flats
>>23236194You need to fill up all that time with activities otherwise you're going to end up miserable, like most retires. Also weird that one can retire with that kinda money in the UK, I was thinking like £500K at least.
>>23236203So what's the average like 5k euro per sq/m? Here the cheapest is 1500-1700 per sq/m. Prices are crazy compared to peoples income.
>>23236198There's a balance for sure. Just need to tune out the future thinking at times to focus on enjoying yourself or focusing on the present. It took some getting used to but I can do that pretty well now. Also I actually really enjoy this autistic investing hobby so that helps. I don't really consider it that stressful most of the time. When it gets stressful I have bitten off more than I can chew and I take a step back. I actually did that back in like 2022, sold basically everything and just enjoyed life for a few months before coming back. It was really refreshing.
>>23236299Yea Warsaw is around that. 125K € for 30 square meters. Fucking insanity.
Slovenia seems like a nice place to live honestly, not to expensive, it's 99.99% whites/Christians. Real estate is expensive, but it's worth it same with Poland. Here we have like 30% muslims, half of which don't speak/refuse to speak the language. People are uncultured, lack a considerable amount of intelligence and wisdom and are idk impulsive, like not all obviously but quite a few, but things are moving in the right direction, but the muslims will never assimilate so It will never be perfect. Hopefully someday soon I get to post with a Slovenian maybe Polish flag.
>>23236347Slovenia has IMHO bigger tourist potential
>>23236335I'd pay that to live in Poland ngl. At least there are no muslims there. And people are cultured like Europeans. I honestly thought it's much more expensive. Like don't get me wrong for the salary it's like insanely expensive, but if you can make money from money and compound, you can reach those kinds of cash in like 3-5 years.
>>23236347lol didn't know that about Macedonia. Need to pull a Serbia.
>>23236335That's like Finland prices lol. Insane for Poland.
>>23236377Yeah, bro the country is full of Albanian from Kosovo (like 300k got asylim in the 90s war), Turks (that immigrate from Turkey to the balkan because the government in Turkey literally subsidises the people who do that) and gypsies. All these groups will never assimilate. Plus many Macedonians don't speak English and are uncultured, and have no idea bout European values. so yeah not the best place to live, my neighborhood is good though.
>>23236377Serbia/Montenegro are good places to live too, I'm actually part Serbian and Montenegrin and could get a citizenship no problem. But still Slovenia is just better. Like Serbian and Montenegro are like a 4M oz deposit, Slovenian is a +10M oz deposit.
>>23236377>SerbiaI fucking loved the NATO bombing of Belgrade. Sending China Embassy straight to Hell was especially nice touch.>>23236385Yes, Warsaw prices get pumped by German and Murican corpos wages. Also in general a lot of people coming back from western countries after few years of cleaning toilets and washing dishes then buying homes with cash.
>>23236385Finland is that cheap lol? I was thinking like 400k eurobucks for like 50sq/m.
Also I was in Zagreb a couple weeks ago, maybe you saw me posting with a Croatian flag, anyway the country looks beautiful and great to live in, but they are importing pakistanis and indians to do low income jobs which is just a step in the wrong direction, these people also don't assimilate and don't respect the culture. I was talking with locals and they had a public transport problem where there weren't enough bus/tram drivers to satisfy demand, so they imported them from india and those people didn't respect the traffic rules and just created a mess, they ended up doing some scheme where they allowed retired bus drivers to work and receive pension.
>>23236483I guess this is how Germans felt post WW2 when they imported like 5M Turks and other muslims. Like I'm not hateful or anything, but these people don't assimilate ain't much to it. You can't live with them, they don't want to live with people outside of their group anyway.
>>23236447Maybe in central Helsinki. Over where I live (still in the capital center area but a half an hour's drive away from Helsinki) you can get a 30m2 apartment for €100k. My 35m2 flat cost me €120k. My big brother paid like €180k for his I think 50-60m2 apartment. My parents sold their house for like €350k or €450k (don't remember which, think it was the latter) a year or two ago. You can get a house for less than €300k in Finland if you go into a more rural area.
>>23236447Really depends where you want to live obviously. Even here in Denmark you can get an apartment for $100k in a smaller city/town if it's a bit old, but still decent. If you want a nice apartment in the good parts of Copenhagen you are looking at a million minimum.
>>23236483>let's import Poos and Pakis to drive public transport!worse ideas are hard to think of
>>23233920>>23234632>>23234979thats crazy... it lost 99% of its value around 2000, but is now seen as a good bet. $250 around 2000 not even accounting for inflation...Think I need more info on this one. Is any other minor in a similar situation.
Moriarty vindicatedDurrett is also calling Couer mining a multi bagger from here, one of his biggest holds
And the smash
>>23236719>$300k min houseslol
>>23238786Take in consideration that Finnish homes no matter what kind of materials used are not murrica level of cardboard where you can make hole in a wall just by farting too close to the wall.
>>23238786I said less than €300k.
>>23237387A rising tide lifts even the sinking boats
>>23238786>>23239420I just checked, there are even houses in Helsinki going under €200k. There's a lot of variation in the housing market.
>>23239615Check out the price to be my future neighbor, Finnbro, in cmmg milker village
Let's check prices of USA housing that actually does not look like a homeless shelter shed with windowshttps://www.oldhousesusa.com/old-victorian-houses-for-sale
>>23236719>half an hour's drive away from Helsinki) you can get a 30m2 apartment for €100kThat's really cheap. How come?
>>23236736What about places that are like an hour away from the city center of major cities? How are the prices there? Can you still get a flat for ~100k yuros?
>>23237387>>23239436Doubt Walter will pull himself up from all the shit he buried himself in. The way he financed the mine really makes a brother ponder.
>>23239953those old houses are probably worth less than $0 since they come bundled with large unpaid capex bills
>>23240091Wonder what will become of them, will the just keep rotting or? Probably just keep rotting away.
>>23240068you have to pay a bit more for a newer apartment but mine (35m2, €120k) was built in 1989 IIRC so that affects the price since you need to pay maintenance capex.
>>23240098Prob need to demolish and rebuild new ones
>>23240101Yeah, I was looking at some flats in Ljubljana and some are built in 1880 going for 150k.>>23240104>Prob need to demolish and rebuild new onesWhat's the point of demolishing them an building new ones in butfuck nowhere, there are no good jobs there thus no people.
https://wildfiresituation.nrs.gov.bc.ca/mapThere is apparently an out of control wildfire situation near Tsacha Lake. IGO has already evacuated people from their project.Trying to check how near it ist to Artemis Gold Blackwater. Why the fuck don’t they just show the exact location of the mine on the website or am I once again just retarded?
>>23240109>1880You mean 1980 I hope?>What's the point of demolishing them an building new ones in butfuck nowhere, there are no good jobs there thus no people.Yep not to mention it's cheaper to just build a new one without the extra step of demolition. Maybe most of these homes will just rot away
>>23240140Of course it can be found from Google maps and the fire is not even close.
ARTG Chads keep winning!
>>23240140Wildfires are normal course business in Canada. Happens every year and operators are quick to evac. Not really material in the grand scheme of things, the market prices these in as temporary events
>>23240091>>23240098>>23240104>>23240109Would someplace like this be better to establish Milker Village?
It's happening again.My miners didn't pump when gold went up. Now they're dumping when gold goes down.Fuck you
>>23240374how hard is it to not buy shitcos?
>>23240154The building of the mine was a month late because of fires.
>>23240610many mines built in recent years have been delayed by a quarter or more without any wildfires. One month due to standard safety procedures is minor stuff. Oil and gas producers temporarily shut in tens to hundreds of thousands of boes per day of production every year due to wildfires. It's really not a big deal.
>>23240374I normally buy in such circumstances but I have no idea if what you hold is worth buying.
>>23240610One in Canada? Or in Finland.BTW reconqest of Karelia when?
>>23240374>>23240815They aren't shitcos. But the market is confusing as fuck and always does the opposite of what I think will happen
>>23235878>I can reliability make $150 per day risking less than 1% a trade"trading" is risky because you can lose money on trades (stocks and options), investing is the way to go for reliable dividen/interest income. Look into a creating a portfolio of solid companies that havea history paying dividends like CVX (a mix of sectors as they fluctuate short and long term) and calcualte how much you need to provide your annual income.
>>23240851I increased my holdings of stuff going sideways. If you think your holdings are worth it then why not use that as opportunity to buy more?
https://www.youtube.com/watch?v=GMn6cp8unTA
>>23240917>then why not use that as opportunity to buy more?Because I have no more money/leverage
>>23241051Trim stuff that went up and buy lagers?
>>23240851your first mistake is trying to predict what the market will do. Your second mistake is buying shitcos than underperform the sector.
>>23241068>dude sell and buy beer lol
>>23241099kek, not these lagers
WAGMIhttps://www.canadianminingjournal.com/featured-article/blue-lagoon-reopens-dome-mountain-gold-mine/
it's so ogre
>>23241158390k poo chad. We better moon to a dollar or else.
>>23241158Isn't this old news? Isn't this why it went on a run early this year?
Snowline bros is it our time?
>>23241926so close to breaking free!
Calling PAN MAN...
>>23241337>or elsewhat? picrel?>>23241863Yep, Rana is so busy digging gold and shipping the bonanza to Nicola he gave us a new drop of old news
>>23241926she's back Leafbro!
>>23242015yayWhat's your unironic price target?
>>23240616That is true. And it was great execution by the company that it was late only for that.>>23240821The Blackwater mine in Canada.Would already be if the rats did not have nukes.Although we should just call their bluff.
>>23242027$14.88
>>23242027$30.17 CAD
>>23242433Hory Sheetby when? Tomorrow? pls say tomorrow desu
>>23242033>Would already be if the rats did not have nukes.>Although we should just call their bluff.there is literally no way we could beat Russia in an offensive war. They have too many meatgolems and too much material. That's why we had to give those areas to them in the first place, and that's why they are winning in Ukraine too. Their zerg rush strategy sadly works against smaller countries like ours
>>23242437TWO WEEKShttps://www.juniorminingnetwork.com/junior-miner-news/press-releases/2961-tsx-venture/sgd/186668-snowline-closes-oversubscribed-bought-deal-financing-and-concurrent-private-placement-for-gross-proceeds-of-102-million.html
>>23242454>TWO WEEKSWow that's it. I can wait that long. :)
>>23242463gives me a little time to add more, feels most comfy when Snowline is over 60% of my portfolio
Dang Platinum got BTFOd today
Gold and Silver both at 41% y/o/y price appreciation. Silver still somehow underperforming despite the $40 runup
Abrasilver got its shit kicked in today as well. Premium name gets a bit more affordable for an entry. I’ll be buying at $5.25 level around there.
>>23242442>Russia winning in UkraineYou drank too much Anbsolut Vodka, go sleep, you drunk
>>23242727You know what you're right, Ukraine is probably just letting them occupy those Eastern areas out of the goodness of their heart.
>>23233926Yes, it has a technical report.
>>23233683No. This isn't like buying a stock. This is selling a project to scammers.
>>23243240Selling to scammers, selling to dumb money... No difference. The money doesn't care who makes it or loses it. As long as you buy low and sell high, you have made money going long.
>>23243217Any drilling done there ever? Share the tech report ol chap
>>23242605So did they
>>23243245I guess ponzi schemes are lucrative if you get in early. The greater fool theory wins again!
>>23240144>You mean 1980 I hope?No, there are literal houses built in 1880 that have been turned into apartments and renovated like 5 times through the years. People used to build things to last back in the day.
>>23243289Mein mine!
>>23243361I suppose as long as they are properly maintained... They will have probably changed the pipes and renovated the facade multiple times by now.
>>23243781>They will have probably changed the pipes and renovated the facade multiple times by now.100%
>>23243875When I was in Spain years ago I saw a few apartment buildings in cities that were clearly abandoned and left in severe disrepair. Weird thing to see in the middle of an otherwise normal city. Likely condominiums that got into financial trouble, got dispossessed by the banks and/or city and then they ended up holding the big stinky bankrupt apartment building bag. Eventually those buildings will probably be demolished with taxholder funds.
>>23244078Yeah, you get the odd abandoned building here and there. Nothing surprising quite a few of those here.
>>23244183that's a rare feature over here. It's pretty much entirely a rural issue with apartment buildings in areas with no jobs, declining population and old folks. There's one or two condominium bankruptcies every year. Never in cities. But I guess that's something I could see becoming more common in the future.
Lmao Jay Currie of all people is now shilling BHS, calling GO a “friend”.Since when does a former head of Goldman Sachs commodities even know micro cap owners?
>>23244287>>23244183Indeed, becoming more common:https://www.helsinkitimes.fi/finland/finland-news/domestic/26833-nineteen-housing-companies-face-bankruptcy-over-unpaid-dues.html
>>23244298Greame is a friend of stock promoters and family to shareholders (abusive father(
>>23243267There was drilling done on the western edge of my parcel. I found the collars.I've left enough clues on here for anyone to determine where it is and find the TR.>>23243245If I were really long, then I wouldn't be looking to punt this ASAP. Strike while the iron is hot.
>>23242442That is why we attacked with our German brothers. Maybe it is the polish and estonians this time.The Russian problem does need a final solution. Many great men have tried but failed!Of course not going to happen without Russian aggression.
Some people think the jobs report tomorrow will rattle the markets.So it's probably a nothingburger.
silver price is way up, what is up with Bayhorse?
>>23243146You mean like Russians are in case of Ukrainians controlling Kursk region? Okeeey.
>>23245574I would opt for just nuking Moscow and any other target that is needed in Russia. Butwe shall remember that Poles, Lithuanians, Belarusians and Ukrainians did sack Moscow together once before. So not like it never have been done before. There was also some our participation during Napoleon's "visit" there.
>>23246495I mean like how this map looks awfully red for a country that is supposedly losing
>>23246534Ah yes, just look how majority of Ukraine is red. Golden Horde winrar.Kyiv in three days, bro.
>>23246544Is that your cope about Russia conquering the most resource rich parts of Ukraine?
>>23246609This is my way of making fun of Russian cope about failing to gain anything of significance so far and losing Kursk region.
russia is going to run out of fuel and koreans soon
>>23246812in two weeks?
>>232468523 days
IT'S HAPPENING>shitcoins entering our shitcos
WAGMI
NFG CHADS IT'S HAPPENINGhttps://ceo.ca/@newswire/new-found-gold-and-maritime-enter-into-definitive-agreement
>>23246996You mean a company that is not producing yet doing acquisition? With whose money?
IT'S HAPPENING
I wonder if Rick Rule is sellng last few days.
Snowline YTD about to hit +100%
Imagine the smell in offices of shorties. That sweaty scent feeling their cubicles.
>>23247235Holy shit we're actually going to make it this time
>>23247235Hycroft is up more than that YTD
>>23247038with shares duh>>23246959>our bags will now begin to be integrated into crypto scamsconcerning, but not my problem since I'll be very rich by the time the top is in.
>>23241987I saw the spike for scottie too! Iam busy at the moment but they are doing their bulk sample right now, cant wait to see those results!>>23241158did anyone see the hit piece these guys put out about Dome Mountain? Iam glad to see these guys got told off in comment sections, locals love the jobs. https://theskeena.com/2025/08/28/the-little-bc-gold-mine-youve-never-heard-of/
>>23247244CHECKED! SGD now +103% YTD>my only chance to catch Finnbro and his monster +200% YTD return
>>23247469weren't your TSXV shitcos supposed to pump more than majors? Numerous NYSE listed crap went over 100, some 200 YTD.
>>23247319You looked into recent habbenings in GreenX? This quarter we should have results of analysis these drills from German Tannenberg area drilled decades ago.
>>23247319>hit piecehadn't seen it, what a bunch of garbage FUD, really a nauseating amount of female liberal retardation
We're healing
>>23247475did you skip the Rule Classroom, Polack? Majors move first, then the best shitcos will outperform and provide far better returns
>>23247497Then you should have went to majors and buy your shitcos just now if you were not sleeping. You would have 2-3 times the money
nice self own btw
>>23247244how do you like that PP closing? next up SGD drops a monster news release for Beaver Creek that starts this Tuesday
>>23246367Graeme is waiting till mid 2026 to pump the stock. Trust the plan.
Its our time now
The golden age.
Hi I'm looking to get into commodities. I've heard that Oil 101 and The Prize are both good books. Which one should I start with and do you have any another recommendations?
>>23247503>buy your shitcos just nowc'mon Polbro, I've been buying SGD since it was a .20 drill story with pending VG assays. That should be a better return than buying Hycroft first
>>23247558>>23247565WAGMI
>>23247581The World for Sale?
>>23247624thanks I'll check it out
>>23247581>thinking any of us read booksI have heard Yergin's books are good but idk if they help you much with investing. They seem more like political/historical books. If you want to learn about investing the best way to start is by reading market news and asking questions.
>>23247590I don't remember calling Hycrof major.
>>23234924>>23242015>>23242027>>23242433BMO's price target is probably about 1/2 of what Snowline will sell for:11:20 AM EDT, 09/05/2025 (MT Newswires) -- BMO Capital Markets on Friday reiterated its outperform, speculative risk, rating and C$15.50 price target on the shares of Snowline Gold ( SNWGF ) as it resumed coverage of the company."We are resuming coverage of SGD after a period of restriction, due to a ~C$92M "bought deal" and concurrent ~C$10M non-brokered private placement. The proceeds will be used to advance the Company's projects in the Yukon Territory, as well as for working capital and general corporate purposes. With the additional equity added into our model, we maintain our Outperform (Speculative) rating and target price of C$15.50," analyst Brian Quast wrote.
nice selloffs on ATH
lol, nice spread on Hycroft
Why would God be so good to a retard like me?
Looks like yield curve control is on the menu.
>>23248859Our God And Savior Lord Lucifer Evershining
>>23248859God loves His greatest retards and wants them to be happy.
>>23247581Oil is a bad investment as we are moving to electric cars and many producers actually have very low cost of production, something like $20-30/barrel. I predicted this and CMMG hated me for it. But in the end renewable energy fag was vindicated.
>>23248899CHECKED>Snowline retard
3 niggas bout to go livehttps://www.youtube.com/live/U-DNBaS9msQ
>>23248799>C$15.50That's it?
>>23248899I really think this is what Jesus was saying in the gospels and everyone just ignores that part because they try so hard to be "good". Jesus laid down some mind fucking shit and I feel like I'm a retarded benefactor
>>23248997>>23248997those BMO fags are cucked and can't publish the real target. SGD will blow past C$15.50 before the end of the year and C$30 is a piece of cake in '26
Oohhttps://www.scribd.com/document/872892073/Pocketbook-of-Gold-A-Survival-Manual-for-Monetary-Mayhem-A-James-E-Sinclair-Peter-D-Carlin-1
