Merc dime seething edition.>Why Gold & Silver?https://youtu.be/i3S4rl6ehiIhttps://youtu.be/gksenA5Al_Ahttps://youtu.be/FI7NnOg2rxo>Huge deficits in minerals such as silver by 2050 inevitablehttps://youtu.be/iibsrDXdEos>Bullion dealershttps://libertycoin.com/(US)https://www.chards.co.uk/(EU/UK)https://www.silburycoins.co.uk/(Ancient)https://www.luciteria.com/(Otherrare metals)https://www.ma-shops.com/(Numismatics)https://www.goldeneaglecoin.com/(US)https://stoutgold.co/(US)https://www.aydincoins.com/(US)https://prospectorsgoldandgems.com/(US)more at:https://pastebin.com/gZfZHtNE>Numismatic searchhttps://en.numista.com/catalogue/https://www.ngccoin.com/price-guide/world/>News and graphshttps://numismag.com/en/home-en/https://silverseek.com/https://www.silverdoctors.com/https://www.mining.com/https://silverbacksnakes.io/finance/silverhttps://www.gold.org/goldhub/data/gold-reserves-by-countryhttps://wtfhappenedin1971.com/>Comparehttps://findbullionprices.com/(US)https://eu.compare.pm/(EU)https://www.gold.de/aufgeldtabelle/(DE/EU)>Resourceshttps://www.jmbullion.com/ultimate-guide-to-90-silver-coins/https://kevinsworkbench.com/junksilverguide/https://www.coinflation.com/http://coinapps.com/https://erikasgrig.com/calculators/rpi-calculator-inflation/https://learn.apmex.com/buying-guide/buying-in-the-usa/https://pastebin.com/5aLmWUUK>Prospectinghttps://youtu.be/ZCL6FKQZyoMhttps://www.usgs.gov/programs/mineral-resources-program/sciencehttps://www.mndm.gov.on.ca/en/news/mines-and-mineralshttps://www.amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X>Nitric acid, magnets, and ping testhttps://youtu.be/3mg9YcAShTohttps://youtu.be/NgSXg-WOEVYhttps://youtu.be/2ymGAyKAg-khttps://www.fakebullion.com/index.php/resources/fake-bullion-databasePrevious Thread: >>60956547
Movin mercs
>>60960643You want blowjobs at a lower weight to value ratio? What are you, gay?
>>60960626Thank you bakerLooks like we are still in the high $41 range, despite a slam an hour ago.What's up with the casting grain hullabalu from last thread?
Yall low iq broke hateful stacktard chuds better not be buying silver
If you time-traveled a rich Roman to today with all his wealth in the form of gold and silver, he’d be rich in our world.That’s the power of #gold and #silver They transmit real wealth through time and monetary regimeshttps://youtu.be/68f5qmVWGKM
>>60960705Silver is silver. You can still nitric a granule. Industrial supplies of silver seem to be drying up as a colloquial indicator for bullion as a supply chain issue.I'm sensing a squeezy.
Taste the biscuit. Taste the goodness of the biscuit.
Lmao,,,,,Gold,,,,,3,646Silver,,,,,42When is Slurp Season boyos?
The frosted finish on these is exquisite
The most recent purchase, just a lil' slurp. I just think dragons are neat!
>>60960835Those are the '25 Perth dragon bars? Damn those are nice
>>60960626I made it to 150 ounces. If the price goes back down I can make it to 200. I hope it's enough.
Is the Fed setting the market up for another bubble and crash?>In 1998, the Fed slashed rates by 75 basis points, igniting the dot-com bubble. >Now the Fed is preparing to cut rates by at least 75 basis points over the next few months and may be making the same mistake with the AI bubble.https://x.com/TheBubbleBubble/status/1967955623502303460
>>60960861That is correct. Had the vendor place them in separate baggies, but they already had little microscuffs out of the vault, oh well.
>>60960884>Elemental Table BarNice, I want one.
>>60960884GGHere's some of my stack! I'm hoping to make it to 250 by EOY. Fuckin' Lord, Asahi anything is goated, am fixing to get some in 1 oz bar form.
>>60960902*Periodic
>>60960783I put a gold Maple in my mouth, I can't taste anything, but then again, I've got gold crowns. I'm scared to try it with a silver Maple lest I turn into a silver torpedo battery.
My bank finally had some halves today, they were all clad, but I'm glad it was fun finally getting to search through a few.
Silver spiking back up>>60960895Nice I just ordered some
We broke $42 and climbing frens. >>60960932https://www.kitco.com/charts/silver
>>60960902>>60960903I was able to find those once in person and then never again lol. Wish I could afford some more gold.
>>60960903I wish I had those bars, now those are sexy.>>60960937This morning it was down near 41 and it's already back. My local news was encouraging people to sell their gold the other day, lmao.They can't keep the empty vaults hidden forever.
>>60960709I'm buying over here!
If you had herpes and you would be cured if you would give up all your silver, would you do it?
>>60960983anon, I'm a virgin
>>60960884Asahi: BasedSilver towne: BasedStacks of buffalos: Based1/10 oz of gold: kekThose ASE are pretty ballsy but the plastic cases are ugly. Based stack fren
>>60960983>Not using post-fiat silver to fund curing your herpesLevel up, anon.
>>60961015I'm not so sure the ASEs will keep their premium post collapse, but I like collecting them because they remind me of what America used to be. A past I never got to experience.
>>60960946>>60960955FedEx wagie will need my signature for another chunky bar of Silver, shit's getting expensive...>>60961049This is a threat, I will be an Earl by the year 2027-2028.
3rd world Asian here , is there a reason why Western stackers prefer silver to gold ? In Asia people usually save up for 1 ounce of gold rather than buying silver coins/bar
>>60961151There is more upside potential in silver because the price has been suppressed so long.
>>60961049haven't bought anything in a few years but was just shy of 500 oz and a bit of gold too
>>60961151Gold to silver physical ratio is 1:9 while the price is 1:90 due to imaginary paper trades. Meanwhile silver demand keeps going up in manufacturing industries and it's becoming more rare. The price is artificially kept down to prevent every fiat currency in the world from collapsing.
What were the Hunt Brothers trying to accomplish in buying a Billion Dollars worth of Silver?
>>60961151Can't speak for the entirety of Burgerland but Silver is a buy, especially now-a-days:+ little to no retail buyers+ very low premiums+ states are slowly trickling in laws for PMs (e.g. "HB 999" in Florida)+ industrial is actually the huge Silver glut
>>60961176Ending the Zionist banking hegemony
>>60961151It goes up higher (in terms of percentage gains) in bull markets than Gold does.For example, between 1968 and 1980 Gold did a ~18x while Silver did a ~38x.
>>60961034>>60961204It's starting bros...It's always starting for us...
>>60961222Reverse repo just ran down to essentially zero. Liquidity crisis is now imminent. Prepare accordingly guys.
>>60961232what do you do in this situation anyways
>>60961240Same as we always do, Pinky.Stack more silver.
>>60961232isn't that good? funny money that fed made up during covid no longer exists and things are now back to normal
>>60961275That's reverse repo, i.e. last line of daily interest, not M2.
>>60961275It means that financial institutions no longer have excess cash. Tied with the spike in Repo rates there is a clear demand for dollars aka a liquidity crisis brewing.
>>60961232I've been enjoying watching Rafi tout this for the last year. I think he was expecting it beginning of 2025, but they always manage to put off the breakdown another year or so. It's no coincidence the fed is cutting now.
>>60961275Good? Well let’s look at it. What is reverse repo? During Covid the “virus” covered for a fact there was a liquidity crisis bigger than 2008. Strange not many know that. So they unleaded a wave of super cheap money that’s never been seen before that banks took on. Now banks every night will deposit that cash into exchange for collateral to make the books look not completely fucked and earn some interest with the Fed. It’s the excess money in the system that hasn’t been loaned out to whatever investment, business, bubble etc. it’s also their cash reserve buffer. You know the cash customers deposit and think they can access any time. First question I’d ask. Is why have banks capital buffers been allowed go down this low? And where did that excess liquidity go? (I doesn’t just disappear). A lot of gold bought during this time also wink wink. Now some say they are parking it elsewhere in money markets. But I find that hard to believe. And every time this goes to zero banks start going to the wall. Why do banks go to the wall? They have liabilities (strangely their liabilities are your deposits). So when banks, big insurance, investment firms let all these cash reserves run down they have one option left. Sell assets which they HAVE NOT marked to market on their books. And once you start to sell it becomes obvious their assets aren’t enough to cover deposits (liabilities to them) and word gets out and big players begin bailing.Also there’s a contagious factor. In desperation they will start selling their major asset class. US treasures. Which they haven’t marked to market and are already losing value. So a panic spreads to bonds. Cont….
>>60961332Part 2. Other banks get worried. The interbank lending stops are they worried their counter party may be bankrupt like them kek. All this is because their assets are junk, they have almost no gold to revalue the balance sheet. And their loans are to zombie companies whose businesses model blows up without near zero interest rates for the loans they took. Also trillions lent on leverage into bubbles in securities and derivatives. Basic breakdown. But TLDR means fear volatility and capital flows to safety.
I’ll be blunt also. I believe that vast majority of this money disappeared for - Ukraine war folly and coup attempt NGO structures (wasted)- To insiders blowing up the crypto and MAG7 bubbles that they know will burst- Insiders who’s been accumulating physic PMs in preparation for the bang
>>60961244>>60961240
>>60961331>they always manage to put off the breakdown another year or so. It's no coincidence the fed is cutting now.They've been spinning plates for years and eventually their luck will run out. This fall is a high probability period. It looks like we may be heading into a perfect storm.I pray all the stackers get a little nest egg together in time.
>>60960626>granulesof course niqqer OP forgot to link the new thread in the last one
>>60961397Isn't this thread comfy, without low iq dalit? Almost like it was done on purpose, retard.
>>60961540And when it was done in the past it was nothing but complaints then too
Still above $42, NY Market open. They tried a pre-market tamp, which has been happening most mornings, and it popped back up.
Is the LBMA running out of silver again?>On Sep 5, the LBMA published it's pathetic, monthly silver stock "report" consisting of a single grand total of vaulted silver in the LBMA vault system. Per their report, and public disclosures from ETFs that vault their silver in the LBMA system, we deduce the supposed free float in the LBMA system at ~4,313 metric tons. However, the LBMA has misreported their vault stock by 3,000 tons in the past and there is some reason to wonder about the veracity of their current reporting (see magical metal mystery linked below).>On Sep 8, the pool of available SLV shares for borrowing fell from 1.6MM to a low of 250K before recovering slightly to 400K. The lease rate has spiked above 5%.>It seems reasonable to conclude that the drawdown in SLV vault stock since Sep 3 is indicative of someone raiding SLV for physical silver. They have raided it to the tune of nearly 300 tons so far. That doesn't happen in a market where physical is readily available.>Has the LBMA run dry? Is free float actually zero? Will the FT publish a report on T+## delivery for silver sometime soon?https://x.com/pmbug/status/1965798438370689158
Silver selling over $43 at the Shanghai Gold/Futures Exchange.
Reminder, it's not gold and silver going up, it's fiat currencies going down.
>>60962331>Reminder, it's not gold and silver going up, it's fiat currencies going down.
Silver climbing after NY open.https://www.kitco.com/charts/silver
>>60962345>Silver climbing after NY open.Price still going up, high so far today of $42.55
>no dalit fud>anons use other threadThis board is retarded
>>60962858so why the fuck even bring it up?
>>60960983>1 in 2 people have herpes>cure hepres>have sex again, bare back>50% chance of recatching itpeople are gross.
>>60962306im thinking mininum $50-60 end of year for silver
6 major banks just decreased their long term silver short positions by about 50% in early Sept. This is the biggest pullback for them in about 15 years. They are recoiling in fear at silver prices and can't afford to tamp much more.
>>60963536like 50 blowjobs in this image
>>60962858Anons don't want to be comfy and IQ dalit confirmed to be bot? Many such cases.
Odds money printer goes brrrrr for the holidays to keep the masses pacified during the holidays? Hope so, I wouldn't mind one last slurp regardless of price
>>60964767They're lowering rates. They'll be printing more worthless paper. They will bail out the banksters and the "too big/important to fail" welfare queen companies.All they know how to do is double down. And take this clownworld shit heap deeper into the ditch. They will obliterate the value of the dollar while taking every last thing of value there is left to take.
>>60964799Yeah, but if they drop a like they did last time would be a nice chance to get one last decent slurp for free.
>>60960626>Merc dime seething edition.kek
Anybody in here have a 30tl x 6 safe? If so, what model?I'm looking into safes now that I'm going to be moving into my new house.
>>60961151Asians will just do what their grandparents did, also silver was only recently phased out of production for western currency - 1970 in america for the last one - and was used as currency far beyond that still.I think asians only pick the highest value asset they can find as a show of wealth instead of picking a store of wealth, too. And there's the risk of confiscation so it's easy for them to save a few gold pieces somewhere.
>>60963752IMO this is the old value, the new revaluation means 1 mercury = 1 week of on-demand blowjobs.No jobs + silver at the price of gold soon, that mercury will go much further than a single blow.
>>60964767We haven't seen even 10% of their bullshit money moving yet, they handed out literally TRILLIONS in economic stimulus during covid, they could safely do that now and double the money supply.All they're doing is rate cuts and a few other minor things right now.
>>60965240>IMO this is the old value, the new revaluation means 1 mercury = 1 week of on-demand blowjobs.I don't know if this is real or AI. 1g is a little sus.
>>60965240if a merc gets you a week a blowies what would a peace dollar get you?
>>60965264A homely bride.
I just got my first coin in an ANACS soapbox and it's the coolest holder ever. I wish they were all this small and perfect. I'm in love.
Alright, I regret clicking that link the guy posted to this channel, I am now only watching because I'm mad, around 8 minutes in>Old guy dealer isn't the normal silver buyer>Just calls the normal guy on the phone>Is buying like 200 ounces but has no idea of how to check if it's real or not>Uhhh umm uhhh ummmLearn the basics of what you're doing, it's literally your job and like 1/2 the people that go in there buy that shit. At least don't give an awkward 10 minute phone call where you poorly describe everything he has.
>>60965264>peace dollarA good looking, submissive gf
>>60965278Neat, they're cool because they don't have all the "security" features of modern slabs. They just let the coins speak for themselves.
>>60965280Big magnet + a scale is all you need unless you are buying Kilo and larger pretty much
I'm waiting for an ounce of gold and a kilo of silver to arrive
>>60960626>Merc dime seething edition. >
>>60965284That and their size. They fit in the palm of your hand rather than in your palm and up to the first knuckle.
>>60965326
>>60960626Faggots z
>>60965351there is something about Britneys crack-whore look.I can't exactly put my finger on it, but I would love to hate fuck her für pocket change.
>>60960643such history
>>60965341I've always found modern slabs insane for their sizes. Like who the fuck has space to have any real number of slabbed coins?
just hit 43/oz....SLOW DOWN!!!!!!
>>60965414Accelerate
>He doesn't send his coins into the NSDMC to get it graded on whether or not it's AA++++ or merely just A++ based on the curl of hair on george washington's head and the number of steps on the dome of monticelloYou are not a real collector if you don't care about stupid bullshit like this.>I just want to look at cool coins with history!Get real.
>>60965414nice shot>>60965420
>>609654401. Guaranteed authentic2. Preserved in airtight container3. Legally catalogued with photos4. Official censusesGrading is the only part of a grading service I DON'T care about
>>60965440Coming from a trading card background before I sold it all for PMs, if it's not SCG69+, I cbf.
Regret not buying one of these kit kat bars years ago, but we fixed that this week.
>>60965542Based.
>want to stack more silver>65.32 Australian dollars
>>60965414>just hit 43/oz....SLOW DOWN!!!!!!Nothing stops this train.https://youtu.be/ZGk1Rwfnd1U
>>60965548>Previous purchase almost at parity with spot>Already
>>60965548It used to be $1.50/oz. back when Australia first Decimalized.There are probably thousands of people who refused to buy at $5, $10 or $20 because it was just too high only for it to go even higher.
>>60965548It gets worse before it gets better.Actually it just gets worse before everything goes black.
>>60965583
>>60965548>65.32 Australian dollars1 maple in Canada >SILVER MAPLE LEAF $67.50
>>60965571
>Phenomenal!>Silver successfully retests the trend line which connects the 2016 and 2020 highs, demonstrating that it now acts as support, reverses its entire correction and has a strong weekly close at a new high.>This is the best price action a technical analyst could hope for. Congratulations to all the apes who didn't flinch and kept their silver!https://x.com/thesilverhermit/status/1969209971851096332
>>60965604Silver is going to break $50 by end of the year at this rate. This smashes even the most optimistic predictions from January. Wew lad. Anons we're doing great. It's happening by the week . We're watching happen.
>>60965625>By next year, $40-42 silver and $3,700 gold will be remembered as the prices that seemed "high" until they became impossibly "low." The question isn't whether this will happen; the in-tact structural forces make it inevitable. The question is whether you'll be positioned before the crowd wakes up.https://x.com/GaryBohm5/status/1968280186249441765
>>60965574>It used to be $1.50/ozI used to buy silver at 1.5x my minimum wage job at McDoanld's. If I still worked it would take 1.5x my $31.xx/hr job to buy silver.Life is suffering and money is worthless
I remember the resident fool taunting how silver would never be above $30 a year ago
It's crazy to think about, but at this point it's pretty much an inevitability.I'm predicting price parity with current gold - as in it will be as unaffordable for the average person for one ounce of silver as one ounce of gold is right now - not gonna numbersbloat (I have them but they're too arbitrary), but following the average american's savings plan you're looking at them saving 1 ounce of gold per year worth of cash.This will be the case for silver in the future, not to say 1 ounce equals literally 1 entire year of work, but 1 year of some person's reasonable savings.
>>60965641
>>60965686>saving 1 ounce of gold per year worth of cashWhich looses value to inflation. The only way one can truly save is to buy PMs.
>>60965686>as in it will be as unaffordable for the average person for one ounce of silver as one ounce of gold is right nowNot as unbelievable as it may seem.
>>60965686>1 ounce equals literally 1 entire year of workSounds almost dystopian.Coin collecting anything made of Silver will also be impossible at those prices if you aren't a 1%er, so if you want numismatics, get them while you can.
>>60965700>Literally 1 entire year of workI threw in a bunch of words to say that's not the case, it's 1 year of a person's savings.And people only save 6-8% of the money they earn (on average, so the poors that blow it all and the rich schizos that save 60% are averaged in.)It's just a reasonable metric for such things, you can look at it almost like you would look at how someone might save for months for a vacation, even though the vacation only cost them 5,000 it took them a year to save for it.
Christ, thats a 6 dollar rise (15%) in one month for silver. This action is fucking crazy for a commodity like this
>>60965604I can't believe I managed to stack all of this silver at an average price of $18 CAD. Future is looking bright.
>>60965724how is the canadian junk market? I've seen videos of coin stores in america selling the stuff below spot, but that seems few and far between, like someone would have to specifically sell to that store for some reason and them to just have the junk lying around with no buyers.
All the people we told to buy gold and silver who ignored us will never remember that we warned them.
>>60965724How many ounces is that?
>>60965698>15,000 ounces is still in reach for the 'common man'I don't think that's true.
>>60965747Like 80%-90% silver coins? I have no idea to be honest, I've mostly just bought my physical from a bullion exchange which deals only fine silver. The LCS's likely sell them by the bag, like down in the US. Definitely not as much of that to go around these days, I think our mint melted a lot of it down and refined it into maples and bars.
>>60965755Around 3100, I added a few kilograms since then, but stopped stacking after April dip. Picture is from last year.
>>60965724Is that a COMEX good delivery bar sitting on top of what looks like some 100oz bars behind those 10oz Maple Leaves?>EVERY 8.1 YEARS SINCE 1971 THE USD LOST 50% OF ITS PURCHASING POWER VS #GOLDhttps://x.com/MakeGoldGreat/status/1968966917139431859I did the math, you can calculate the doubling time by dividing the percent annual increase into 70. Running the math in reverse using an 8.1 year doubling time gives an average inflation rate (compounded annually) of 8.64%.Now this is the inflation rate of gold relative to the dollar, since 1971, not the CPI. So alternately if you bought gold in 1971, (which you couldn't legally do in the USA) it would have given you a compound return of 8.64% annually with no risk, no taxes and no worries if you buried it in your yard.
>>60965777No it's just an ugly 100oz brick, sitting on kilogram bars.
>>60965756Back when silver was 20 that was only 300,000, which is what someone's retirement account would be, so yeah, not really a doable number for the average person.I'd say "common man" territory is acquiring 20 ounces a month, or roughly 250 a year, for 10 years to get to 2,500. Realistically you could say that maybe they stack for 30 years and get 7,500 as the absolute highest you could consider "common man" territory.And that's another good way to look at it, 2,500 ounces is just 20 ounces a month for 10 years, easily doable. Now with silver at 40 it's not so easy, though, would have been easy with 20 dollar silver.
>>60965756That chart may have been made when silver was less then half of what it is now.I'm old enough to remember $5.00 silver in 1999. $500 for a 100oz bar.
>>60965793Yeah. Probably 1/2 the people in the thread (me included) got in at the late game where silver was already 20 an ounce. That just seems so ridiculously cheap, just a couple bucks for a dime.
>>60965762Nice, always good to know just what I'm looking at.
>>60965782There's no such thing as an "ugly" 100oz bar, but some are much more attractive than others. They are all extremely painful if you drop one on your foot. Royal Canadian Mint makes some of the loveliest looking bars, both cast and minted, in my opinion.
>>60965802Haha. I always wanted to pick up a 100oz RCM bar, but they were always out of stock when I wanted one. I may pick one up during the next major correction, ie. if we go to $60-$70 during this run like I think we might, and then back test at $35-$40, would be a good time to reload.
>>60965754>All the people we told to buy gold and silver who ignored us will never remember that we warned them.Maybe that's for the best. I've never hounded friends to buy silver and gold. All I've ever done was to put one gold Maple in their hand, along with a 100oz bar of silver, explaining how much they have already gone up over the last 20 years, and told them that we were stacking.We gave my better half's sister a gold Maple and she insisted on paying us the cash value (1100 euros at the time) and said she wasn't interested in gold, because:>You can't eat gold.Today gold is over 100 euros per gram.We only ever talk to a given person once. They either take the hint or they don't. As far as I can tell none have bought any PMs, despite all of them having a lot of discretionary cash.
>>60965802>i should call her
>>60963536I just want you to all know I was the very person who started the Merc dimes for a formerly well to do housewive blowjob back in 2020 right after Covid started. I started the pasta on /pol/.
>>60965826big if true
>>60965810>Haha. I always wanted to pick up a 100oz RCM barThe only RCM bar we ever scored was a 10oz minted (with serial) from Costco, in it's little heat sealed plastic wrapper. It was a very good price. Most LCS around here charge a hefty premium for RCM bars.We also bought one of the 10oz Maple Leaves coin from Costco.
>>60965824They are always calling out to me.
>>60965826>I started the pasta on /pol/.Is this you? If so, thank you for your service. Now what have you done for us lately? Or are you just a one hit wonder?
>>60965793Even if it was made when silver was $20 that'd still be like 10 years salary in pure silver, I have other problems with this chart as well, like saying "A and B are out of reach for most" when A and B are literally all silver in existence, and it even labels them "whale territory"? It's just a really weird image in general, feels quasi chatGPT made
>>60965831100% true. Started on /pol/. I’d imagine I’m in the top 20 for 4chan memes with that. My life’s work is complete.
>>60965841No. That’s an autist who delved into the numbers maybe a year later? And realized it lined up almost exactly with what I said in my pasta. It was a shitpost, but turned out to be exactly correct.
>>60965698How do you get to only 6 billion ounces of silver in the world?
>>60965841
I'm still on my hunt to add a slabbed 1921 Peace Dollar to my collection/stack. Looking at both of these right now. Both MS-63, both around $1,000. The top one looks really nice in pictures but probably just looks gray in most lighting. The bottom one is pretty boring but has a decent strike. I'm leaning toward the turbotoned one idk. Which one would you guys get if you wanted a graded 1921 peace dollar?
>>60965844>It's just a really weird image in general, feels quasi chatGPT madeI had that for a couple of years now at least, so I'm pretty sure it predates ChatGPT. We could try an image search to find the earliest instance.I don't concentrate on the high numbers, I'm more interested in the average amount of silver available to the majority of the worlds population. Even if we just limit it to Americans, there's not a heck of a lot of above ground silver available per person.The chart was obviously made by an autist, if not made by AI.
>>60965845>I’d imagine I’m in the top 20 for 4chan memes with that. My life’s work is complete.Your fate will be a firing squad of FTMs who can't shoot straight.
>>60965887top one
>>60965857>How do you get to only 6 billion ounces of silver in the world?Most silver produced is consumed, and much of the consumed silver isn't feasible to recycle at current prices, and some of it, like the 500 oz in a tomahawk cruise missile gets atomized and is unrecoverable.More than half of all the silver ever mined has been lost.Jeffery Christian's CPM group (Goldman Sachs owned) claims there is 54 billion oz, but they are including all silver ever mined, the amalgam fillings in peoples teeth and apparently asteroids, since those are above the ground.There might be 2 billion oz in good delivery bars available for sale worldwide at current market prices, but obviously, if you started buying them all up, the price would go up exponentially as the total available bars approached zero, such that there would ALWAYS be silver available if the price was high enough.
>>60965910>There might be 2 billion oz in good delivery bars available for sale worldwide at current market prices, but obviously, if you started buying them all up, the price would go up exponentially as the total available bars approached zero, such that there would ALWAYS be silver available if the price was high enough.
>>60965841I’ll keep the mom thx
>>60965887The toning on the reverse on top looks stunning. Shame the obverse looks blotchy.
>>60965944Mom is strikingly beautiful, especially her eyes. She could probably ride you so hard it would break your bed.
whats the consensus on peter schiff? he's setting off my jewdar but he seems to be pro silver/gold.im wary of him
>>60965951one can only dream
>>60965948Indeed. The reverse is really the star here. I do like her face tho. Here's the more subdued auction picture in holder. Something about it's great. I love how much definition the toning gives the coin while still straight grading 63.
It seems like the rest of /biz/ is asleep to all this. What a strange reality. Everyone is in another world, from Charlie Kirk to Jimmy Kimmel to Putin to that lady on the train. We're over here like wizards in an ivory tower watching the planets align.
David Bateman is up late:>I bought $400M worth of gold last year, and bagged a measly .001% of the annual global gold mine output.>I also bought $400M worth of silver and purchased 1.5% of annual global silver stock (1500x more percentage wise)>Do you get why silver is passing up gold now? It’s the most coveted resource on earth. Far greater demand than gold.>I learned early in business not to make a private placement without knowing the total shares outstandinghttps://x.com/davidbateman/status/1969249035057058216
>>60965963He's the patron saint of pmg incels, yall hate jews but give them all your money for rocks,,,,lmao
>>60965963>whats the consensus on peter schiff?I can't give you "consensus" but I can give you my opinion. He's Jewish, has been advocating for people to own physical gold for decades, he hates bitcoin, his son loves bitcoin, he has been selling gold for many years. His father Irwin Schiff wrote a book that makes a very strong (and probably accurate) argument that the federal income tax isn't actually legal, and the government was so butthurt that they threw the elderly man in jail where he died from cancer and they wouldn't even let him out on humanitarian grounds even after a terminal diagnosis.If more people followed his advice 25 years ago they would be rich.
>>60965965>one can only dreamAfter the crash, lots of formerly well to do husbandos will be jumping off roofs or blowjobbing their glocks, and there is only one way to truly comfort a grieving widow.Condoms weren't named the "merry widows" for nothing.https://americanhistory.si.edu/collections/object/nmah_688171
>>60965977Looks like the Jeet shift has started. Current time in Mumbai: 11:24a.m. Looks like Schiff is a keyword that triggers their bots.
>>60965963he's SO buttmad over his btc calls being cnbc cramer tier wrong
>>60965988>If more people followed his advice 25 years ago they would be richPeter schiff said don't buy bitcoin when it was $100,,,,, kektop, yall did follow his advice and yall still broke and praying for the world to endYall
Got this new box for my stack. Platinum prices are finally going up.10 ounce gold2 ounce plat~5kg silver
>>60966018Bitcoin isn't money. It's an entry in distributed database. How many people have lost their life savings after Mt.Gox and all the other hacks?Gold and silver are money. Bitcoin is a debt obligation to the unknown that vanishes the instant the power goes out and/or key infrastructure goes dark in the event of WW3.Bitcoin made a great liquidity sink to soak up all those dollars that would have otherwise gone into gold.I would never trust my life savings to someone else's computer network. Jeets love bitcoin because it's one of the methods they use to scam American grannies.
Anti-silver shill from Mumbai doesn't want you driving up the price of the silver his uncle is trying to buy.
>>60966042Nothing you said is true fren,,,,lmao congrats,,,,,,,you believed the coin merchants,,,,,now you are poor,,,,no refunds
>>60966018If I bought btc at $100 I would have sold it at $110you pretend you bought at $1 and held to $110.000 but nobody did that. You lie. Because you're a piece of shit that lies to himself and everyone else.what you don't understand is everyone else here can lie just like you.I bought bitcoin at $1 and I made billions. Take that you stupid little retard
>>60966024
>>60965963I still love schiff but I LOVED him from like 2009-2014. And the first time I was like wtf was when I saw him in a picture like at some outdoor party talking with Bernake, the same guy he used to always ream. And I was like uhhhhh
>>60966049>Nothing you said is true frenEverything I said is true, and you are definitely not now, and will never be my fren.https://www.binance.com/en/square/post/440561916882
>>60966056>I saw him in a picture like at some outdoor party talking with BernakeWho would guess that two Jews who hold completely opposing viewpoints have a common bond that transcends their political and economic differences....A Jew (with extremely rare exceptions like Bobby Fischer) is a Jew, first and foremost.
Don Durretts miner picks.https://x.com/DonDurrett/status/1969103019812802700
They’re not going to let us get away with it are they bros
>>60966024Very nice
>>60966052>If I bought btc at $100 I would have sold it at $110If I was a bitcoin multimillionaire and lost it all to a hack, I would be a little more than mildly dissappointed. Trying to take my physical silver could get extremely loud.
>>60966082>They’re not going to let us get away with it are they brosAre they prepared to die for what they believe in? Are you prepared to die protecting your loved ones? Is your juice really worth their squeeze?In asymmetric warfare, the guerillas nearly always win, and even when they don't, the other side always loses.
The price of gold will skyrocket with the upper middle class boomers pile in. Guess what that will do to the price of silver?https://x.com/GaryBohm5/status/1969099565287530824
>>60966052Lmao, the brokie is so angry
>>60966060>will never be my fren.Be you are a poor, stuck in a wage cage,,,,lmao
>>60966087Lmao we got a tough guy here who carries around his 13 ounces everywhere he goes
>>60966116Anywhere on earth is heaven compared with being in India.
>>60966119I only carry 1/2 oz of silver everwhere I go. Whenever I'm carrying more silver, it's always from the store back to my home.
>>60966122Why do you live there?
>>60966110>Lmao, the brokie is so angryI own a multimillion dollar business. We do environmental contracting for mining companies and government.I'm not sad I missed out on BTC or Eth or any other thing.Just like you're not sad you didn't buy into my business 24 years ago when I first bought it. Because you have no idea how much money you would have made working for me. And even if I tell you, you wouldn't believe how much money you lost. not that I would've taken you on as my partner anyways. I don't need money and I don't need idiots like you telling me what to do with my money. I make more money in a day than you will in your life. You are beneath me in every possible way. But I do wish you my success. You can find it by starting a company that sells services to other businesses. Not that you have the brains or balls to do that.
>>60966138Canada has become a province of India thanks to Justin Trudeau. Our currency now features Indians. You're welcome to come here, dump garbage into our rivers, shit on our streets and rape our girls, kill people with your shitty driving, just like the several million other Indians that are already here.It's already just like India, only much colder in winter.
>>60966142Screech another 1000 words about how not angry you are,,,,lmao
>>60966110what does it mean to do environmental contracting for a mining company or government?I get paid to test the soil and water on mine sites to see what heavy metals are leaking into the water or air. Then I take those soils that are leaking heavy metals and I either 1. haul them off to a HAZWASTE landfill,or2. Cover them up onsite with material that won't leak metals into the water or air.that's all. I move dirt for millions of dollars per project. According to US laws.I am of course not broke. I pay dozens of people wealthier than you to drive loaders and dump trucks all day on job sites you wouldn't even be allowed to look at, much less work on. I hold certifications and clearances you could never get. I've made enough money to feed your entire village for the next 100 years. But you get to talk down to me and act like you're my superior all day anyways. that's all you have. The first amendment right to talk to rich people like we're idiots. But if you ever meet me I will haul you into court and destroy you just to teach you respect. Or more likely I'll hire you to clean my toilets and let you learn respect the old fashioned way.
>>60966154see>>60966157I type english faster than you can read it because you are a poor foreigner while I am an american millionaire. College educated, and certainly better than you.instead of trying to learn from me you insult me by pretending to teach. You're a fucking retard. You have nothing to teach me.
>>60966163Stop replying to IQdalit u retard
>>60966166I do what I wantand what i want is to hire the little man and show him what real money looks like
>>60966157Big money in that industry here in the Alberta oilfields as well. You guys do the verification that the exploration and production companies are staying within the allowed limits.
>>60966148No thanks i chose not to live in old india, or new india, I'm rich so i get to hang out with the best of humanity, Caucasians and east asians,, no fatties, no slots, the poors happily working to serve us, a week in this luxury area and everyone happy the worst i saw out of thousands of people is some old chinese woman farted loudly on the street, no crime, no garbage just smiling happy people enjoying 1000 year old architecture, good food and cultural treasure. You won't get here buying rocks,,,,,not my problem
What fundamentals have changed conpared to last week?Nothing
>>60966170yes, we handle sampling and SSC compliance.We make more money than miners. I started off in mining.
>>60966157You are a glorified wagieI own my own timeWe are not the same
Will any country ever actually issue circulating PM coinage again or is the best we can hope for some sort of non-exchangeable Gold and Silver backed banknotes?
>>60966177>You are a glorified wagieI own a business worth more than you will ever earn>I own my own timeyou still haven't figured out Bob is here all the time toohow do you think I afford the time to sit here all day calling you a fucking worthless retard?you fucking worthless retard?
>>60966166>Stop replying to IQdalit u retardThe thread is slow right now. Most stackers are dreaming of little gold and silver coins dancing around their heads, or of attractive cougars with their questionably aged daughters seeking Mercury dimes.
>>60966171>No thanks i chose not to live in old india, or new india, I'm rich so i get to hang out with the best of humanityEven Indians can't stand Indians, and considers them the worst of humanity.At least we can agree on one thing.
>>60966179>Will any country ever actually issue circulating PM coinage againNo, Fiat is better, these retards who claim it will happen haven't thought it through, look how volatile the price is, it would destroy any economy
>>60966177you shut up every time I say who I amare you my old friend?or are you just smart enough to know when you can't compete?let me know, I'll be here for a while.
>>60966179>Will any country ever actually issue circulating PM coinage againNot voluntarily. Fiat currency is like the ring of power in Lord of the Rings. Using it corrupts the government. It makes emergency deficit spending possible, so everything becomes an emergency in order to get re-elected.Going back to hard money would mean running a budget surplus at best, and a balanced budget at worst. In order to get back to balanced budgets, most governments on earth would have to cut their own government size significantly, in many cases by 50% or more. The US Federal and state governments would have to shrink by perhaps 80%+ and go back to pre-1913 government size.No government will voluntarily give up 50%+ of its size and power.
>>60966181OK wagie>>60966186Cry more you are the one living with indians thats why you cry about them nonstop, lmao yall live in oppressive western shitholes you are wagies aka human cattle, hence the seething
>>60966195>are you my old friend?>>60966198>OK wagiegood answerI'm going to apply for the janny job so I will either learn who you are or cure what ails you
>>60966195You dont own your own time, therefore you are not an individual you are Bob jessee todds garbage whats the difference
>>60966201>I'm going to apply for the janny jobThank you in advance for taking one for the team.
>>60966202>You dont own your own timeBoth of us are here all day every dayI own my own time at least as much as you do. the only difference is I own 20-50 other people's time as well
>>60966201Good, once you can suppress the truth here that silver is a scam surely it will then moon and you will have $700 and end the fed
>>60966207I hate silver, but I hate you just a little bit more
>>60966205>I own my own time at least as much as you do.Nope, you have to manage other wagies and scam the government, if you stop cheating and lying you can't eat
>>60966212I employ managers and salespeopleI don't have to do anything except watch you lie and maybe talk about gold panning
>>60966208Your hate fueled servel $million in gains for me the last 2 years. Thanks!
>>60966218I work with lots of companies in your cunt and minethis may shock you, but I have more connections in your homeland than you do
>>60966179Pretty much zero percent chance. Too many people in the world and too little PMs for it to be a viable currency of its own anymore. I guess you can have gold/silver spattered notes with tiny amounts of PM on the paper but it’s a hideously expensive process, not viable for an entire nation.
>>60966218half the mining stocks you've bragged about are my clients. you're too dumb to know who I am
>>60966227>Too many people in the world and too little PMsI don't know why people say this like there is no solution. It just means metals are undervalued.
>>60966229If you read my post I gave the solution which is spattered metals on paper notes. It’s the only way you are getting the physical metal in small enough quantities in a useable form. But it’s too expensive so it’s not happening and people are just going to get PM “backed” chuck e cheese electronic tokens and pray that this time they aren’t being screwed over.
>>60966217>I don't have to do anything except watch you lie and maybe talk about gold panningHand pan or sluice box? What State? Here in Alberta the North Saskatchewan river has gold. There's restrictions on commercial operations, and some short term seasonal restrictions on some specific fish spawning locations, and of course it the river surface freezes during the winter.
>>60966234>If you read my post I gave the solution which is spattered metals on paper notes.You're presuming we would replace gold/silver money with the same denomination purchasing power. If we went back to 1964 or earlier prices, we could have money that wasn't completely debased.
>>60966234The solution is fiat, which is why 100% of humanity uses it, lmao you aren't forcing your garbage rocks on us ,,,no refunds
>>60966244>what if like we just like, le go back to 1964Sometimes I forget how immensely retarded some stackers are. Yeah how about we just shift back three quarters of a century in time when the rest of the world was in ruins and America made everything on the planet, then we could price things in silver and have cheap cheeseburgers! Fuck me dude get a clue.
>>60966241hand pan is all that's legal in my state of Colorado. But I have spent decades of my life learning to speed pan, so I can work a ton of material as fast as most people can sluice or highbank.
>>60966228>There'sWhy would i care who a wagie is? You are either forced to be a wagie or so boring and dull that you work to fill your time
>>60966253I'm one of the bigger names in miningguarantee the CEO's of all your miners know me personally.you on the other hand don't know shit.
>>60966251>Sometimes I forget how immensely retarded all stackers are.Lmao, muh shiny rocks and then they spin tall tales to justify how they are getting free virgins and buy whole neighborhoods for an ounce of silver,,,,ive heard it here for 10 years,,,,,total retards
>>60966255So? I don't give a shit about those companies or employees or contractors i just buy their stock periodically because line goes up and down. It's that shrimple
>>60966244>$0.15 Hamberg in 1955>Silver price per Toz in 1955 was approx $0.92>$1.89 Hamberg in 2025 (National US Average after dollar menu adjustments)>Silver price per Toz is $43.06>1955 Toz = 5 Hambergs>2025 Toz = 22 HambergsSilver chads eating good.
Guys... the price is going up but... I don't want to sell, even if it were to double right now I probably still would not want to sell. I think I have caught the shinies, they are too pretty to with. What do?
>>60966261Then why are you a brokie?
>>60966259you make 100% when line goes upI make 10,000% when I work for themwe aren't the same
>6096626Nigglet.
>>60966264Wage, buy rocks, die, thats the problem yall turned a bad investment into a cult
>>60966269I wouldn't start waging for any price, maybe your business is worth 0 without out so you are stuck
The we are not the same posting is giga cringe and smells like rage bait
>>60966271you think any investment makes you richany investment is a bad investment compared to working for yourself.unless you're an idiot, then you'd best invest in other people because you're too stupid to make your own moneys
>>60966252>I can work a ton of material as fast as most people can sluice or highbank.Sweet. In Alberta, unlike west of the Rockies, the gold is very very fine flour gold, wo we're really doing getting the black sand, removing the magnetite, and then doing a chemical extraction. There's no nuggets per se. If you look really closely you might see some flecks but even gold, when in small enough particles can appear black.We can use sluices, but the discharge cannot be directly into the river, it has to go a minimum distance from the running water to avoid filling the water with silt.As the price of gold increases, I seriously worry that shithole third worlders will do a bunch of enviromental damage with careless or negligent gold mining activites and cause panning to be outlawed. I hope it's not the case, but it's the logical outcome if gold continues to go up.https://youtu.be/h-QQhYvzYuw
>>60966281I also run fine gold. Here's a shot of some nitric purification on an ounce I got this summer.I also can't dredge or highbank. But Colorado has a lot of gold, we can make a living here just panning.
>>60966261>Silver chads eating good.Yes, many prices in silver terms went down, but unfortunately, wages went down even more.Gasoline was 25cents/gallon in 64, which in todays dollars would be $7.75, but minimum wage was almost $39.00/hr so 1 hours work paid for 5 gallons of gas, or 3 gallons of gas and a full fast food meal.One hour of minimum wage work won't even get a decent fast food meal today, so the standard of living has effectively gone down.
>>60966264>I think I have caught the shinies, they are too pretty to with. What do?Buy plain silver that you don't fall in love with. Keep your babies, sell the cattle.You also want to consider having an exit strategy BEFORE the time to sell comes. Rick Rule admits that one of his biggest mistakes was NOT SELLING when the market was at a peak. He rode the prices back down and lost a lot of his profit.How will you know when it's time to sell? When the silver excitement is at it's peak, and everyone (normies) is taking about their purchase, then you know its time to sell.
>>60966273when's the last time you made $15k per day?for me it was 2012, but that was enough to guarantee I can sit on 4chan laughing at you for the rest of my life.>>60966280
>>60966285I recognize those brown fumes of death. I know that smell very well. Nitric oxides.
>>60966293>When the silver excitement is at it's peak,So now, lmao look how giddy the brokies are
>>60966298yes, I do love it unless I'm processing mercurythen it smells like madness and deathI have another ounce of amalgam I need to process this week. I'll post pics. Probably close to $3 grand in the bottle needs wiped and melted.
>>60966302>I have another ounce of amalgam I need to processWhat kind of retort to you use?
>>60966310I built a retort out of 2 inch chromed P-trap in this picbut I don't think I'll use heat this timeI'm going to process it with nitric and use copper to recover the mercury. Just less danger, you know? I'm already fucking insane from breathing too much mercury so I have to be careful.
>>60966293you only sell when you need the money for something
>>60966326>you only sell when you need the money for somethingWHEN you sell is the key, not what you sell it for.
Currently sitting on nearly 4000oz silver, most of which I bought at under $20. Please somebody give me the strength to continue the hodl.
>>60966330it's still lowath in 1980 would be like $200 nowlocal high in 2011 would be close to $100 nowit's still low. I don't know if it'll go up, but it's been much higher before.
>>60966312Must be nice to have easy access to lots of nitric. I don't mind retorting mercury if it's a good design retort and done outside for extra safety.I make my own cyanide using high temperature reaction between urea and sodium carbonate. So long as you keep the pH high, the CN stays in solution.
>>60966336>>60966330>it's still lowIt's extremely low if the cup and handle pattern holds true.
>>60966339You sound like me, I was synthesizing cyanide from sodium ferrocyanide when I was a kid. Dangerous stuff but it works.Not sure about leafland but I bought a gallon and a half of nitric for something like $27 USD. When I was younger you couldn't buy it, but now it's just on walmart.com.pic is the lab that sold me the nitric mail ordergood stuff, about 70% reagent grad
>>60966339are you precipitating with zinc?or iron?
>>60966339also if you can't get nitric I think youtube has some vids on making your own using hydrogen peroxide and copper.I may be misremembering the ingredients, but I did see videos on making nitric.
>>60966330The delivery time on the COMEX (stand for delivery) is being continually extended. I think it’s past 120 days now and the keep doing it. So the demand for silver is far outstripping the claims against it. Also the paper shorts they use to beat down the physical price are now in a very dangerous position. Some of them are so large they are threatening the banks doing it. It’s like a pressure cooker. So at some point they will have to yield given demand for physical shows no sign of slowing. Because it’s central banks now and big money buying. So they will have to cover those shorts before the position goes nuclear. Here’s what I think they’ll do. The warrants will be restricted to industrials maybe for delivery in the hope they can deliver. But this won’t work as the paper price will decouple from the real price people will part with it at. This is called backwardation and reveals the fixing in a market to everyone. It could go up a lot until real price discovery at that point.
>>60966348before any feds get excited, I'm a federal contractor with a PIV card and an ELAP and MSHA number. I'm allowed to have this stuff. I'm just working with gold and silver here.Look me up.
>>60966330You would have to be absolutely deranged to sell anything you don’t absolutely desperately have to while you are watching fiat die in front of your eyes for fucks sake dude
>>60966369Chicken little
>>60966379You're the guy that always says it's down 70%which means it could easily go much higher.
>>60966330Also. Nice position to be in. But don’t get too attached to your position. Remember capital rotation. Let me explain. As both silver and gold rise. History dictates silver lags so there is a ratio between the two prices. Take a look at this image. You will see when silver closes the gap it can get to between 15-20/1. Now the average is 50/1. So let’s hypothetically say golds at 5000 next year. Silver breaks out. And gets to 15/1 (I know things could all be relatively higher). But this is a perfect time to sell at $333 say. THEN you use that levered surge to ROTATE it all to gold. Why not hold? Why that point? Because look at the chart. Silver quickly goes back to the median after this happens. Then later you can get your silver back for maybe a 1/4 of all that gold you just bought. Understand? It’s a ladder. Climb it.
>>60966384
>>60966379Every thread 30 posts. You must be fearful of those scam coins you hold. Are you the jeet who posts pics of €20 pizza and beer meals in some rando bar and thinks it’s a millionaire flex. Kek. You still have time to hedge. Don’t be think. Assuming you actually have any “money”.
imagine being so mentally retarded that you reply to IQ, you are either another of his IDs or a complete retarded nigger
>>60966336>>60966343>>60966364>>60966369Thank you guys genuinely. Its so hard not to cash out when basically everyone online and and irl is telling me that silver is a terrible investment.>>60966384>$300+ silver.Man I want to believe. That would basically set me up for life even if everything else I have went to zero.
>>60966416>silver doubles in price>its a terrible investment!!!whats their logic
>>60962331Funny how the euro performed since its inceptionI had an argument that all currencies fail and he said but the Deutsche Mark disnt it got replaced, that was his winning argument from his pov lmao
Apologize.
>>60966418Probably nothing brokie
>>60960626I’m a poorfag moron taking investment tips from my shoeshiner. Instead of paying a 25% premium above market price from a bullion dealer or eBay, can I just “buy” gold/silver on Trading 212?I get that I don’t physically have it, that the metal probably sits in a warehouse with some guy notes down who “owns” what bar, and that in a SHTF situation, those notes won’t be respected.
>>60966330How much gold do you have? If you don’t have at least 10 ounces you are fucking stupid
>>60966464Lmao you just called every stacktard stupid, (they are)
>>60961166Do you guys think it will actually bounce to that 1:9 ratio because I’ll be filthy rich. If not what’s realistic? I picked up 10k worth of slv. Samsung is using up to 1kg of sliver in their new car batteries
>>60966416Cash out? Bitch. THIS IS THE END GAME. ITS OVER. Don’t sell. Immediately sell 1,000 ounces of silver and get 12-13 ounces of gold in case gold gets revalued. And then you still have a war chest of 3,000 ounces of silver when/IF the ratio narrows
>>60966471Yes they do, but they are broke and dumb losers who never made a good investment
>>60966384You don’t know if silver will close the gap. And your ratio games were to be done from the 80’s till like 2020. He should be locked in 10 ounces of gold. And then when the ratio narrows then switch to more gold. And then forget going back into silver.4,000 ounces. If he has no gold right now he needs to sell 1,000 ounces and get exposure to gold.Then use 2,000 ounces for the ratio narrowing to exchange for gold.Then just keep 1,000 ounces of silver so he doesn’t need to rotate back to silver after the ratio narrows then widens again. He’s got 4,000 ounces of silver. Whst the fuck is he gonna do? Wait for it to to 15 to 1, exchange it all for gold then wait for it to go back to 90 to 1 and then have to warehouse 16000 ounces of silver in his house? Fuck that
>>60966459yes via a etf
Big hmm...Fiatcels on suicide watch.I'm going walkabouts innawoods to lose my net worth in a boating accident.
>>60966471Even if it goes to 10 to 1 it will be a near impossibility to exchange your silver for gold. If silver vaulted up to $370 today and you can now exchange 10 ounces of silver for 1 ounce of gold the coin dealers will be closed the fuck down. And even if they are not closed down, and doing business…What the fuck you think if going to happen? You are going to have incels wrapped around the block with their stacks trying to trade the their wilder for gold and you think the coin dealer is going to have 500 ounces of gold to trade with every silver incel and 10 to 1?They won’t have the gold on demand for you and the hundreds of others trying to exchange it. And even if they did, you’d probably get 50% below spot on $370 silver.
>>60966464Not as much as I'd like. 7oz pure gold plus a half a dozen of these .98 Austrian coins so 12.88oz. I don't plan to sell this gold ever though or at least not until I'm old.>>60966473>Don’t sell>Immediately sell 1,000Anon plz.
>>60966486NTA, but I'm also poorfag. What is the best EUR silver etf?
>>60965351Still looks hot
>>60966509ishares physical silver
>>60966508Ok then you are moderately fine on the gold. I’d still sell 1,000 ounces and get another 13 ounces cuz 25 ounces of gold puts you at king level
>>60966516Arigato senpai
>>60966411>nooo you can't heckin make fun of iqdelete>you just can't, ok!?!Kill yourself
>>60966519Ok thanks I'll look into it.
>>60966516Is wisdomtree physical silver eur good too? I can't trade ishares physical silver in eur.
Morning. Keep stacking.
>>60966543should be, its a reputate company with 100 billion of assets in management
>>60966079>No Bayhorse
>>60966485I agree if he has no gold exposure he needs to sell 25% now and buy gold. It’s prudent. But the as we said keep an eye out for the ratio to close. And it will close it always does. Now the point is not to be greedy. It’s like 100/1 now. If it hit 40/1 I would pull the trigger and go all gold. But I’m not sure how wedded he is to the silver or how much effort he wants to put in in spotting the top in silver gold ratio (NOT THE SAME AS TOP IN SILVER PRICE!). Too many stackers don’t consider capital rotation. Like having 10% in gold miners. They will climb soon more than gold. And if we get to a confiscation scenario on miner equities then his 90% physical position would rocket again and who cares the 10% loss would be hedged by the physical. But I agree. If he’s listening. Get 25% exposure to gold immediately. After all this blows over and the bubbles burst and new monetary systems comes and valuations become affordable again. I plan on rotating 50% back into the system and land acquisition. It’s all cycles.
Timeline estimates?And here, this chart clearly shows silver's higher upside. Really looks like a 2006-ish scenario where gold and silver are outperforming the stock market, with the market trying to keep pace for a couple years until investors flee.
>>60966501Fair point. It’s why I’m 70% gold. 20% silver. 10% miner/commodity stocks. Hope he’s listening.
>>60965988> His father Irwin Schiff wrote a book that makes a very strong (and probably accurate) argument that the federal income tax isn't actually legal, and the government was so butthurt that they threw the elderly man in jailHe deserved it. Irwin Schiff actually testified at the (tax evasion) trial of one of his believers that the book was a bunch of bullshit and that anyone who believed him deserved whatever happened to them.Irwin was nothing but a grifter and caused thousands to end up prosecuted and poorer -- he made two or three bucks per copy of his book, his followers lost tens of thousands in penalties and interest, and some of them went to prison because they trusted the Jew. picunrelated
>>60966509Global X Silver Miners UCITS ETF. (Junior Senior miners) is available in Europe. Half billion assets under management.
>>60966052I bought Bitcoin starting at $642, kept buying when it went as low as $180, and stopped buying when it hit $2000. I put in a total of about $3000. I spent about $55,000 of it. Now I've only got $1.1 million left.
>>60966764You could 10x that if you consider commodities stocks and PM diversification. Crypto isn’t 10x agin. It’s hugely volatile. Just give yourself some exposure so you don’t get rug pulled man.
>>60966764Consider this. Just 100 addresses hold 16% of the bitcoin market. That’s max 100 people but maybe less have the ability to tank the price. That’s insane risk and volatility.
>>60966767I've already roughly 400X'ed it. I can deal with the 10X by 2032 that I expect.>>60966785And how much of your "gold" and "silver" are Chinese counterfeits?
>>60966796Still good advice to look about. There’s a lot more to the system than crypto.
>>60966745I'm still holding physical bags of silver from 2011, never getting into that bullshit again. Silver is way wayy more common than gold and there's no shortage of it.
>>60965351ahhhhh, the ravages of time…>skinhead, psycho britney is best britney!
>>60966330We're probably hitting 50 before the end of the year. Maybe take a little profit there, like 10-20% if you have debts to pay off that would help your state of mind, or something tangible you want to buy (it will probably be getting more expensive too).
>>60966754sounds like the gov was just making examples of people. a few hundred they can go after; if everyone stopped paying income tax at the same timebut i suspect you realize this and are just being a contrarian faggot; hence your i bought bitcoin and am a millionaire larp
No one buying silver or gold will make it lmao it's a rock
>>60966840its interesting this kind of fud always comes out when silver is fucking mooning>i picked the literal worst time to buy all my silver at one time and then it went downif you bought all your silver simply in 2011 you are a fucking idiot. hence the purpose of dollar cost averaging in. i was buying since 2014 at $13-16$ an ounce; turned 40K into about 100K physical over the course of 10 years by simply buying shinnies when i felt like itfeels good man
>>60966840>Silver gives you a better return than gold from 200 to 2012, have two years to sell it off where you can easily see the stock market recovering>Bro I bought at 2011 and couldn't sell!What makes people keep buying shit assets like stocks 5 years into a bear market?
>>60966796How much does a bitcoin weigh?
>>60966863Lmao that you think silver is mooning
>>60966863Yup>Oy vey, gold might rise but silver might not! (has never happened before in history)>And the ratio isn't real! It might be true every time so far but that doesn't make it real!>What would you even need silver for? Everyone rich already has gold.It's literally all just extremely bullish things on silver. Silver rises more than gold in every stock market recession. The gold-silver ratio consistently shows that the price does normalize. But no, this is new and somehow silver is worse than gold.I don't buy gold because it's already 1% of the world's wealth, whereas silver is .1%, much more potential to rise by far. It's sort of pathetic, someone in their 20's to 30's buying gold, thinking that silver is too "unsafe" when someone in their 60's will have had 2 events in their life where silver saw a 5x.We're at a 2x right now and people already can't believe it, but 60 year olds have already experienced a 5x and 10x.
>>60966888Advantage Bitcoin ,,, lmao some country spent $94 million repatriating their gold
>>60966894Silver is down 70% from 1980
>>60966899Yup. Massive drop and that means everyone still has time to slurp. This is a good reminder of why it's not even close to too late to buy silver, we've only seen a 2x and it's still down massively from its ATH, when our currency was much more stable and our economy stronger.
>IQDELET thinks you should buy high and sell lowWhat a retard kektop
>>60966909Well desu he is rich and you are a bitter loser
>>60966049(you) dalits, will NEVER pin the (((weasel)))>can’t believe the tales told about this financial jezebel…BELIEVE IT!
>>60966910Source?
You call people bitter losers even though you spend your entire day posting FUD and insults in this thread. For years now you've consistently done this making 20-30% of the posts in a thread. You're the biggest loser on this board. You should seek therapy. You're clearly insane.
>>60966926He can afford the Full Cambodian breakfast
>>60966940You don't even own your own time
Pathetic response
>>60966928Still holding my massive PM gains, but kek
picrel:>what iqdalit really eats for breakfastsuch gross, brown “people”
>>60966616Kek
>>60966489This is why they are building data centers all over the world.
>>60966489Lel, I knew it was joever for the stock market when my account years ago got closed because I didn't switch to Schwab trading market from TD ameritrade.I just don't want to buy stocks in any platform where they can say>Oops, we've changed, please make a new account or your entire investment is gone and you can't invest anymoreI'm not interested in that.
>>60967049Luddites should stick to rocks
>>60967061Very true. There's no reason for me to go out and play with stocks, they can just outright ban / pull ones they don't like, refuse to pay out, close the company.My rocks are always there. I don't have to transfer my rocks to Schwab Soros Great Reset website to continue accumulating or sell them or buy them or anything, I just go to the boomer rock store and wa-la I am connected with real people who are also interested in them.I love being a luddite, 90% of life's worries simply aren't there and you form real connections with white people.
>>60967076Lmao, Schiff fried your brain
Fucking Fedex trying to make me register and 'login' to track my fucking package. Screw you.
>>60967049Have you looked into the GME saga? Market makers are literally sitting around selling fake shares to retail, thereby counterfeiting shares and stealing their money. And the short position is so massive and everyone knows about it that the market crash of our lifetime is looming. Even the BBBY saga it has been proven that consultants hired by JP Morgan were advising the board of directors to assist short sellers and avoid a purchase (debts and all) of the company. They've been doing it for decades too. When you see a company with a market cap of $28, they want to get inside the company and destroy it while hedge funds short it into the ground. Then when the company is hurting, an investment bank walks up and says, we'll finance your turnaround if you give us convertible bonds. To which they they convert ALL of the bonds to shares to flood the market with excess quantity which drives the price down and prevents any further financial assistance. It's really fucked up. Without a doubt, the stock market is hands down nothing more than a scheme to extract resources. People think they are being financially liberated when they earn passive income, but the banks are eroding those assets via dollar dilution. They like to overleverage certain stocks and then funnel all the dumb money into it and use your pension and 401k to unload overprice stocks onto the masses as a defacto subsidy. Now that the system is saturated with debt, it's probably a good time to start thinking about taking purchasing power off the table.
>>60967121Fake news
>>60967121Yeah, somewhat.The whole idea of "shorting" stocks being a huge part of the market is ridiculous, because at its face the stock market was supposed to be investing in companies. That someone can "counter-invest" and bet / hope something goes down is contrary to the entirety of what the market is supposed to be, yet it was in there since the start.It's just degenerate gambling on a massive scale - literal speculation. The only way they make money is by rigging the outcomes, so some billion dollar company can reliably gamble and win by market manipulation - they openly talk about how this is what shorting is, too.
Day 3 of Mike posting every day until silver is $1,000
Yeah, somewhat.The whole idea of buying rocks being a huge part of the precious metals market is ridiculous, because at its face the rock market was supposed to be investing in companies. That someone can "counter-invest" and bet / hope something goes up is contrary to the entirety of what the market is supposed to be, yet it was in there since the start.It's just degenerate gambling on a massive scale - literal speculation. The only way they make money is by rigging the outcomes, so some billion dollar company can reliably gamble and win by market manipulation - they openly talk about how this is what buying rocks is, too.
>>60967140Shorting is not just betting against a stock. But the entire premise of being able to sell something you don't own, thereby being awarded free cash is extremely dangerous. None of the financial technologies created are good for anyone either, as so much of it depends on the treasury market which compels us all to pay obscene levels of taxation. All all a stinking pile of shit that we'd all be better off without. Luckily sooner than we think.
>>60961331End of Q3 is always a major liquidity bottleneck, I think it’s when most fiscal years end. If it’s going to blow, it usually happens end of september/begining October. Repo:Reserves ratio is now at 96%, I’d say she’s pretty fucking ready
>>60961332> Now banks every night will deposit that cash into exchange for collateral to make the books look not completely fucked and earn some interest with the Fed. It’s the excess money in the system that hasn’t been loaned out to whatever investment, business, bubble etc. it’s also their cash reserve buffer. You know the cash customers deposit and think they can access any timeThis is not how the RRP facility works. You are confusing the Repo Market with the RRP. As to where this RRP liquidity has gone, it’s gone to the Treasury, its money market funds buying Treasuries at auction, mostly.
>60967140 #Buying is not just betting for a stock. But the entire premise of being able to buy something you don't own, thereby the owner being awarded free cash is extremely dangerous. None of the financial technologies created are good for anyone either, as so much of it depends on the treasury market which compels us all to pay obscene levels of taxation. All all a stinking pile of shit that we'd all be better off without. Luckily sooner than we think.
>>60967213It's important to remember though, that the rate cut was only .25, and we had one member saying it should have been .5. They have more drastic measures to take. They've started giving out free money through rate cuts again, and we'll see more if they need more liquidity.They definitely have enough manipulation to get through this fiscal year, which, if it usually happens in Q3, would mean the next Q3 for the real crisis.
AHHHHHHHHHHHWE'RE GONNA BE SO FUCKING RICH AHHHHHHHHHHHHHHHHHHHHHHHHHHH
>>60965351What? No knives?
>>60967259Yes
Buying cheapies
>>60967326What am I looking at here?And it's funny that cheapies are the cooler stuff a lot of the time.
>>60967338The fraternity pin in lower right hand corner and the marksmanship badge at the top. 10k and sterling. $6 bid so far and I doubt it’ll go much higher
>>60967338And the rest of it I’ll rebatch and put it on eBay
>>60967311RARE PEPE
>>60966863>>60966880I listened to my dumbass brother who was saying silver was going to the moon because of electric cars being the future and that silver was cheap because no one used film cameras anymore. Thank god i was a teenager without any real money, the silver market is tiny and was manipulated by two guys in the 80s. Then again in 2011. I know now to do the opposite of anything he says, he bought a condo at the peak of the condo bubble here and now those things are hundreds of thousands of dollars underwater. I still havent broken even on my 10z of silver, the price would have to be ~120 per oz just to match real inflation.
>>60966350>are you precipitating with zinc?Zinc. What they say about blue getting everwhere is absolutely true. I'll never be able to wash the blue stains out of the concrete.
>>60966416>Thank you guys genuinely. Its so hard not to cash out when basically everyone online and and irl is telling me that silver is a terrible investment.Investing in silver makes the dollar look bad so it's actually terrible for the bankers.
>>60966416>That would basically set me up for life even if everything else I have went to zero.Remember that silver will pop up above the natural market clearing price during the mania phase of the bubble, and you want to capture some profit at the top, so have an exit strategy. Mine is to convert some silver to gold when the ratio dips below 40:1, and/or get some land.Even if you ride the price back down, we're still talking well over $100 silver. It takes 20 years to start a new mine and all the easy stuff has been harvested, and the uses for silver aren't going down.
>>60966464>How much gold do you have?
>>60966742I agree with you on the capital rotation. It’s free money to switch over when the ratios close because it won’t stay there forever. Which miners do you recommend and why?>>60966501What about paper sliver? You could easily sell and switch that
>>60966473>ounces of gold in case gold gets revaluedThat's not how gold revaluation works. If the US Treasury revalues gold, it's a bookkeeping trick to allow them to create one trillion new dollars for each $4000 they revalue their supposed gold holdings.It is like minting a trillion dollar platinum coin. It doesn't change the intrinsic or market value of gold or platinum, it's just an accountng trick that allows them to create a bunch of new fiat without having to go to the bond market.Gold WILL go up due to the increase in the money supply, but the "book value" of the gold on the Treasury balance sheet has no relation to the market price.The current book value of US Treasury gold is approximately $42.25.
>>60966616The rising tide of a silver bull market will lift all mining stocks, including stocks that have nothing to do with silver, but only have silver in the name.
>>60967496While this is 100% accurate the market is irrational and you're looking at a 10% rise at least if they revalue gold on their balance sheets, even if it doesn't actually affect anything the market will still see it and buy.But yeah, it's not some crazy gains, it's just a pump in the market.
>>60967496>The current book value of US Treasury gold is approximately $42.25.The Feds will revalue to $20 and simultaneously confiscate, stacktards are ruined!
>>60966754>He deserved it. Irwin Schiff actually testified at the (tax evasion) trial of one of his believers that the book was a bunch of bullshit and that anyone who believed him deserved whatever happened to them.If that's indeed the case, then that speaks volumes about Jewish perfidy.>>60966860>sounds like the gov was just making examples of peopleLIke when they persecuted the man behind the Liberty Dollar and seized all their gold silver and platinum over "counterfeiting".It wasn't counterfeiting, it was making the US Federal Reserve Note look like trash in comparison to gold backed money.https://en.wikipedia.org/wiki/Liberty_dollar_(private_currency)https://www.goldback.com/liberty-dollar/There are some serious arguments about the validity of the US income tax, but so long as there are Federal courts and prisions, one doesn't argue with a gun, and if you do too good of a job convincing people that something is illegitimate, you become a threat to the regime, whether it's the legitimacy of the Federal Reserve Note, or the income tax.Silver money really does have the possibility to end the fed.
>>60966899Good thing I didn't buy in the 80s retard.Up 3x in my currency over the last 3 years. I got rich buying silver.
>>60966863>its interesting this kind of fud always comes out when silver is fucking mooningIt's all they have. What will they do when silver busts through the all time high? Start talking about inflation adjusted 1980 silver highs?
>>60967285That's her, waiting in line at a store, noticing a guy at the register pulling a merc out of his pocket, along with some paper money, to pay for some smokes and gas. Getting prepped for him to turn around after paying
>>60966888>How much does a bitcoin weigh?It has zero tangible existence. I love how people make gold colored "coins" with a B on them because you can't see a bitcoin.Even the so called wallets don't "contain" bitcoin. Bitcoin only exists on the blockchain, the wallet is just the key used to access the blockchain.I've spoken to people who own bitcoin and don't even grasp the basics. Bitcoin is not money. It's not a store of wealth, but it's a great way to TRANSFER value. I wouldn't trust bitcoin with my life savings, I would sooner trust a rusty tin can full of gold buried in the garden.
>>60967247If liquidity crisis hits this year, the FED can intervene with repo lending but that only gives them a few weeks runway not months. A September 2025 repo blowup means something big implodes by March next year. End of Q2 is another liquidity bottleneck in the system. >sept 2019 repocalypse>march 2020 Powell turns on the money printer go brrThis is not coincidence and it has nothing to do with the coof
>>60967500>But yeah, it's not some crazy gains, it's just a pump in the market.True, it will be an additional pump on gold which is going up anyway, and gold going up acts as a pump on silver as well.In the past gold runs, silver closes the gap, because gold is unaffordable for the average family, leaving silver as the only viable precious metal investment opportunity for the masses.I like gold, we take gold Maples when travelling internationally as emergency money. I like silver, I lift it every day. Gold for portability, silver for gains.I think either one is a great investment, and both will go up multiples. I personally believe there will be a profitable arbitrage opportunity window for exploiting a shrinking gold silver ratio. That's my main reason for prefering silver, the believe that the cheapest way of eventually getting gold is buying silver today and selling the silver for gold when the ratio shrinks.
>>60967586>This is not coincidence and it has nothing to do with the coofPowell was going to sandbag Trump before the 2020 election with the interest hikes, but the repo crash and then covid forced the bail out, and the mail in ballots saved the day for Biden anyway.
If silver was a good investment they wouldn't have to shill it
If silver was a bad investment they wouldn't have to spam fud about it every single day
>>60966416>everyone online and and irl is telling me that silver is a terrible investmentIf you did nothing but the opposite of what everyone else does you will be a much better investor than 99% of all people. The masses are always wrong when it comes to money.
>>60966501In an intelligent world you would be right, but that's not what is going to happen. 99.9% of people don't even know there is a gold silver ratio. People will do what people always do when silver moons. They will sell it for Fiat because they are stupid. Your scenario is betting on people being smart, mine is betting on the being stupid. No one has ever lost money betting on people being stupid.
>>60967795Everyone who quotes the gsr lost at least 70%
>>60967822Operation clog the toilet in full swing. Delete the Jeets. $100k H1B. No silver for your poor village relatives saar.
>>60967795>>60966501>In an intelligent world you would be right, but that's not what is going to happen. 99.9% of people don't even know there is a gold silver ratio.Correct. The other thing to remember is the coin dealers will be making DOUBLE commissions. They get two profits, one from buying the silver, the second from selling the gold, and there's a lot more above ground gold available than silver.So between the relatively small numbers of people arbitraging their silver for gold, the windfall profits from double dipping and the fact that there is much more physical gold available for sale than silver, I think we'll be okay.
>>60967866Stacktards love paying huge premiums
>>60967879Jeets love shitting in the streets, and dumping trash in the rivers.
>>60967914Thanks for your confession
>>60967933>no u
>>60966943>screenshot (2)You can't even afford to save a screenshot. Lol
New thread:>>60967982>>60967982>>60967982
new thread>>60967986>>60967986>>60967986
>>60965264Kidnapped, tortured, robbed, and murdered.
>>60965747I can’t actually say. It’s taxed, so I don’t frick with it. Anecdotally though: I semi-regularly check a particular online dealer, and their allocations of junk sells out right away.
>>60966024Two things:1. What kind of plastic? Make sure it’s not going to tarnish your shiny.2. My rollout traps humidity in the summer, a bunch of my tools got rusty.
>>60967543>Silver money really does have the possibility to end the fed. Everyone forgot that silver started the FED, and so, too, will it be silver that ends it.
>>60968071rust shouldn't be an issue as gold and silver can't rust
>>60965215The best security is obscurity. A safe is just an obvious target and someone can just pick it up and walk away with it or use an angle grinder or other tool to cut it away from the mounting
