silver breakout edition >Why Gold & Silver?https://youtu.be/i3S4rl6ehiI [Embed]https://youtu.be/gksenA5Al_A [Embed] https://youtu.be/FI7NnOg2rxo [Embed]>Huge deficits in minerals such as silver by 2050 inevitablehttps://youtu.be/iibsrDXdEos [Embed]>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/ZCL6FKQZyoM [Embed]https://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/3mg9YcAShTo [Embed] https://youtu.be/NgSXg-WOEVY [Embed] https://youtu.be/2ymGAyKAg-k [Embed]https://www.fakebullion.com/index.php/resources/fake-bullion-databaseprevious thread: >>60985510
We are hitting 45 TONIGHT
>>60990262No need for pullbacks anymore, silver revaluation
what market opened dor the breakout to happen?Also what are the chances Wallstreet will supreas this again?
>>60990270Volcanoes erupt on their own clock
thread reminder:why do jannies/mods hate precious metulz?>jannies are trannies, can only gibs bannies!
>>60990251Thank you baker.https://youtu.be/_oK9OA0U8tE
>>60990270>Also what are the chances Wallstreet will supreas this again?They would if they could, but China is driving the price.https://youtu.be/0qhKEhKMYzo
Feeling rather mammoth.
ATH if you only count this century (1980 was way more, but that was a total market cornering)
Someone was asking about good equities and ETFs last thread, heres the top holdings of Sprotts SLVR
>>60990336The Hunts had minimal impact on the price then, educate yourself
>>60990262>>60990266G/S right now is still 85.51lowest I found was 17 around 1970I'll take all my slibbers to a trader to exchange for Gold when we hit between 20 and 30
Day 8 of Mike posting every day until silver is $1,000
>>60990366I have a question: why would they accept that? I can theorize but I'm new so I'm sure people who've been around longer have a better answer.
Newbie, just got this ten ounce to add to my stack feels gud
>>60990417Naturally not every trader would. But there would be people who think it's going lower for whatever reason. It's just another trading pair. Like ETH/BTC or NVDA/USD. In 2018 there were people trading 1 BTC for 10 ETH. In hindsight that was a bad trade but there was tons of volume.
>>60990417Most coin dealers wills swap metals for a small fee, maybe 1-2%
>>60990463Might need me one of those someday. >>60990470>>60990481Okay, makes enough sense. Interesting times ahead.
>>60990481just checked my local coin dealer and it is very rare but they are buying back silver above the spot
>>60990266>Metal mooning>Rare pepes age backComfy times ahead frens
>$45 USD an oz
the sad thing about being right about precious metals is the implication of how this is going to affect well mannered people who did nothing wrong, but were just ignorant of actual economics.oh well, at least I get to scrooge mcduck my pile as a wealthy autist before the sun micronovas and I statistically die.bless all you frens
>>60990554I had an LCS offer me a above spot for circulated American Gold Eagles. But Id expect them to
>>60990625>before the lunatic neocons hysterical screeching micronovas all of us with nuclear war and we all die.*Ftfy
>>60990417>>60990554Silver right now at 85 is in high demand for domestic saleIt doesn't matter much whether or not "the trader does it", you can convert it to FIAT and instantly buy Gold with that FIAT if the ratio goes down to 1:15 Let's assume Silver is $20 and Gold is $2000, G/S ratio 1:100. You buy silver.Now the ratio goes to 1:15. It doesn't matter if it's $20 Silver to $300 Gold, or $200 Silver to $3000 Gold, you STILL swap Silver for Gold at 1:15 because the FIAT number doesn't matter at all. The arbitrage comes from you getting 100 Silver for 1 Gold first, then 15 Silver for 1 Gold later, or vice versa around 6 Gold for your 100 Silver instead of only 1.
>>60990625>well mannered people who did nothing wrong, but were just ignorant of actual economicsI tried to warn pmg baggies, but they certainly aren't well mannered and did everything wrong. Not my problem they can just keep waging
>>60990632gold price is normal at my dealer, its very stable in general at all times, sell and buy just couple % above and below spot, but yeah in this crazy bull market deals can be expected
adollar adayadollar adayadollar aday
>>60990658Chuddite and Choccy milk linked up, Sneed it or feed it!?
>>60990658quirked up white boy with a little bit of swag busting it down sexual style. is he goated with the sauce?
>mfw silver hit $45 overnight
I unfortunately sole all my silver a couple months back for a down payment on a house, my timing is shit. Do I still have time to accumulate?
>>60990770... you bought a house while the mortgage rates are going up and everybody thinks they're going down? And you sold silver to do it?
>>60990770absolute bruh moment
>>60990770Nice b8 m8, I r8 8/8
>>60990770Anon, I really hope you're chain jerkin. I mean we all make bad trades now and then, but... wow
You all did see the options play for SILV100 WSJ, RIGHT?!>The local dalit is pretty quiet since silver hit $45>He was telling us not to buy when Silver was $28I love all of you except that one poo in the loo
>>60990822>meanwhile the catalog
>>60990840it was nigger wednesday yesterday?
Comfy thread, comfy asset
>>60990822that's funny. since when is pajeet racism? what kind of soft-in-the-head mods strayed so far left? anyways, we need PMG and more SETF threads. I just wish the nay-sayers would gtfo
>>60990770>Do I still have time to accumulate?You might not like the price but as long as there is physical silver available for sale you have an opportunity to accumulate. But unobtanium status is coming.
>>60990845>He missed itDon't worry there's always next week.
ye olde towne dunce is back at it again, this time with a poorly executed meem of a “well hung” fat kid…>this “untouchable” caste nigger is super weird!may you be reincarnated as 75 year old homosexual’s garage gloryhole (24 hour service)
complaining about retarded jeet,now poastin’ metulz!>i would pay to watch the livestream of this dalit roping itself
>>60990770assuming this aint bait, someone in a previous thread said it bestits like if you bought bitcoin early. you didnt buy in at $20 bitcoin, but you're buying in at $700 bitcoin. The ceiling is still incredibly high and isnt gonna peak for a long time. its always a good investment with how the dollar is failing under trump
i guess precious metals general means discuss shitcoins…>im in the wrong thread!
>buy silver>get richit's just that easy
>>60990463nice pre nigger brtiannia
>>60990770>my timing is shitnot really if you check the chart its always going up so its never really a good time to sell anything not below your initial is good lol
how come gold is falling but silver is disconnected from the dollar index
>>60990987>implying he can afford ropeI got rich buying silver
ESGold fully funded to complete construction in Quebec and Colombia https://esgold.com/esgold-fully-funded-as-montauban-construction-powers-ahead/
Don't forget to load up on silver staceyshttps://vocaroo.com/1jH0Vhmvw1Uy
my 3 semeuse arrived. paid 32 € with shipping, silver value is 37€
>>60991076>paid 32 € with shipping, silver value is 37€not a bad deal. picture?
>>60991065Is it possible for some coins to be so disliked that they actually have a negative premium? Could be the ultimate way to stack.
>>60991124im a lazy cunt, heres the screenshot
>>60991145
>>60991159that's definitely worse than the intaglio round. who is doing this one?
>>60991145>Is it possible for some coins to be so disliked that they actually have a negative premium?no. had the same idea when i first started.>well all right wingers hate Obama and all leftitards hate trump so ill just stack whatever is cheaper!!silber is silber. it holds its value no matter the picture on it.
>>60990336> 1980 was way more, but that was a total market corneringWhy does this misconception persist amount stackers? The 1970s price action on silver and gold was the debt-money system nearly dying. The issue was far more systemic than a few investors attending to corner the market.
>>60991168https://www.moneymetals.com/charlie-kirk-the-fight-continues-struck-1-troy-ounce-999-pure/2446Partly why I wont shop at money metals anymore
>>60990770No. Your house is also going to lose 80% of its sticker price.
You literally could not have picked a worse time to buy a house.
>>60991189
>>60990251How do I avoid taxes when selling? Find someone on Reddit or Facebook? I will never pay American taxes
ive never seen silver bart like this
>>60991249Congrats. You’re under the age of 60.
>>60991233Borrow against it and use it like an extremely heavy credit card.
>>60991233pawn it for some cash and then just dont pay it back. they'll keep the pms as collateral and you keep the cash!
the jews are doing colored cats now? and for an even higher premium than scottsdale
>>60990989No, its not bait I used to be in here a bunch and bought at $28 /oz thrn sold when I bought my house. Guess its time to start stacking again.
>>60991308>literal ai slop on silver
>>60991272so is this basically a bank thats using golf etfs? theyre not giving out your gold theyre giving out paper gold thats backed by your gold?
>>60991402Don’t worry, silver will eventually price out AI server manufacturers.
>>60991428https://youtu.be/whKlG7vKa-8
>>60991428They lend out dollars against your gold and pay you interest in gold oz.
>>60990759>mfw silver hit $45 overnightI would not have believed it if I had not seen it.
>>60990770>Do I still have time to accumulate?Silver is going to go up several multiples from here. The US dollar is long term going nowhere but down.
>>60990251How heavy are those silver bars in the OP pic? I can;t make it out. Also, moar bar pics plz.
>>60991233Nice Philharmonic.
>>60991597they're 100oz RCM
>>60991597>How heavy are those silver bars in the OP pic? I can;t make it out. Also, moar bar pics plz.They are 100oz RCM bars. 150 of them.
>>60991626>>60991631based ty
>>60991626>these babies are worth their weight in gold
>My 83 year old father is my cannery in the mine, I got a text at 9pm asking me what coin shop I go to for silver and gold! I’m floored Can’t even describe the feeling I feel right now. I’m taking him to my guy here in town. So dumb I’m up early with anxiety like I’m going on a first date >I silver pilled pops! Ima make sure he gets his 64 Oz’shttps://x.com/RichardCabezza/status/1971174381339709540A Giffen good is something that demand for increases as the price goes up.
>>60991659>these babies are worth their weight in goldThey are worth slightly more than one oz of gold each. 150 x $45 = $675,000
Not enough silver in the world for every millionaire to own 65 oz of silver.
>>60991663>yfw he gets in your car with your grandmothers silverware in a burlap sack.
>>60991693kek.
>>60991693that's a horrible mental image
>>60990840"Silver" is the real "n" word on /biz/ and they will ban you for saying it
>>60991686This is extremely misleading as it doesn't take into account unmined silver, with large sustained price increases we'd see major mining expansion.
>>60991760Or asteroid mining, amirite?
>>60991760>with large sustained price increases we'd see major mining expansion.>Newfag Dosent know silver’s extreme production inelasticity due to most silver mined as a byproduct of other metals.
How are bitshitters and clowncoin fairy dust havers hangin in there? Do we need to start putting some of them on suicide watch?
>>60991804Personally don't think that we have to worry about asteroid mining in our lifetimes. There's around 250 hundred million ounces mined per year however, and if the price of silver quadruples for instance it will obviously justify more costly mining operations.
>>60991760>This is extremely misleading as it doesn't take into account unmined silver, with large sustained price increases we'd see major mining expansion.Nein. 70% of silver is produced as a byproduct of base metal mining. For Teck silver profits are a rounding error.For SILVER miners, there will be some expansion of output as rising prices make lower grades become profitable, but all mines have a finite ore body, and new mines take 20 years from exploration to production.This is not like drilling and fracking oil where you can increase production over a year. Nearly all of the easy stuff has already been mined. Yes there is still LOTS of silver left to be mined, but it will cost more and take decades to get full production.They just lost millions of oz per year of production with that underground Indonesia copper mine collapse/flood. Two men died, 5 are still missing and they cannot give a timetable for when it will resume production. Best "guess" is perhaps two year.>>60991804>Or asteroid mining, amirite?We threw that away when we decided feed the Africans and then to mass import third world into our countries.
>>60991693lol
>>60991842>Personally don't think that we have to worry about asteroid mining in our lifetimes.Unfortunately, we are more likely to regress technologically than to advance. You cannot build a high level technological society with low-trust, high in-group preference, high time-preference, clannish people from high corruption-index countries.The magic soil of America is not powerful enough to overcome genetic predispositions of third worlders.
>>60991897>>Personally don't think that we have to worry about asteroid miningThey "personally" just repeat whatever Peter Schiff says, they aren't experts, they have no knowledge they are nothing except puppets of the coin merchant
>>60990649this is just wrongwhy do you think gold has a better outlook then silver in the futuresilver will be more importentyour tactic is just outdatet
>>60991897>Unfortunately, we are more likely to regress technologically than to advance. You cannot build a high level technological society with low-trust, high in-group preference, high time-preference, clannish people from high corruption-index countries.There's two paths that might happen in my mind. Either we regress or automation of nearly everything occurs. Which happens mostly depends on how long people with 9+ figure net wealth are willing to put up with bullshit.
>>60991837Why? Because they are only ahead by 38,047%?
How easy would it be to sell gold/silver as prices continue climbing up? Would shops be reluctant to buy it back? I can’t imagine most places willing to do that without offering significantly less than spot. Sounds like it would be a pain in the ass to deal with desu>inb4 sell? What’s that!?
>>60991663Congrats, you convinced daddy to buy the top,,,,no inheritance for you,,,, now he will hate you
https://x.com/honzacern1/status/1971202145488617619
Are numismatics better buys than generic rounds/bars?
>>60991918I don't disagree that the problems are not inherently unsolvable. Do we have the fortitude to effectively repeal the 19th amendment, roll up our sleeves and actually do the needful?Not every people and culture is compatible with a modern technologically advanced civilization.
>>60991940No. Buy the cheapest silver you can buy
>>60991940Depends on your goals. If you're in it to hedge, then no they aren't.
>>60991924In 2011 when silver at its ATHs, most shops had no problem buying because they were backed by refiners.
I've heavy into the mining companies lately because if I have to sell anything, I'd rather sell them and keep my metal.
we're officially in a cat 4 happening pmgbros...
I got rich from buying platinum.
Total from yesterday’s auction, Duchin candlesticks 34 grams, Amston candlesticks 40 grams, International Sterling candlesticks 96 grams, an as of yet unidentified compote 69 grams. Not bad for $195, and yes I overpaid.
>>60992008As in it’s going up or down?
>>60992022Closing above $44 for Sept will be the highest quarterly close ever for silver, and will shake institutional investors into awareness of it.
>>60991924>How easy would it be to sell gold/silver as prices continue climbing up?When we are in a bull market, it's easy to sell. By the time the masses wake up and start panic buying, THAT is the time you should think of executing your exit strategy, converting some silver to gold/real estate.You will know the time is right when everyone is talking about buying silver. Contrarian for the win. Buy when "the people" don't want it. Sell when they all want it.
>>60990650God, you are such a faggot. I’m sick of your stupidity. No gold and silver are not colors.No your pocket change is not the coins we are talking about.You pretending to like PMs and then use our lingo, will not make us stop buying silver. You bumming around Europe is not something we care about. We all go to Europe once a year and visit; what we don’t do is go without a plan and just walk around annoying the natives and loiter like a homeless person. You are too stupid to understand these things but I’m sick of it. I hate you so fucking much I just want to talk about coins!
>>60992051Why do pmg claim iqelete can stop them from being poor? Is it because you know you are a puppet? Do what you want fren I just point out it's a mistake
Guten Abend
10 years of pmg and no one made it
haven't seen one of these before. neat
Dont forget to touch grass today baggies ask mr noseberg if you can go outside and show off your rocks
>>60992093Nice European stack.
>>60992041Probably hit that soon, when “silver is at all-time highs” articles start coming out. Only 5 bucks away. I wonder if it’ll be mostly bullion that people go for, or if sterling items still see a similar boom
Silver up 88 cents
>$43.50>No sign on Iqpajeet>Almost $45>Right back on the clock
Options expiry today
>>60992022 see>>60992039$50 and we're in a cat 5 happening. In the cat 5, AG is officially the canary in the coalmine for some major event as far as I'm concerned. Impossible to know the even obviously.
>>60992149>biggest cup and handle in history This chart suggests a cat. 5 Pompeii eruption."Causes" will appear later in the news.
At what silver price does IQ lose his job and is forced back to his condom business?
>>60992137Nothing stops this train...https://youtu.be/0BQxpcHHAzg
>>60992093What is this btw?
>>60992160
>>60992190someone explain to me like I’m not educated in TA
>>60992136>I wonder if it’ll be mostly bullion that people go for, or if sterling items still see a similar boomEverything with silver in the name will go up, including stocks that have nothing to do with silver. That's how the dumb money rolls when it goes into a feeding frenzy.
>>60992202meme pattern like all other patterns. Could break out, could not. All these patterns mean is that there's a set up in place, no breakout is guaranteed.
Day 6 of posting as a brokie stacktard, still poor still waging for a rock, but In 2 weeks Mr Schiff says I will be Rich,,,,praise meeeeee
>>60992210like it's a toss-up between 'cup and handle breakout confirmed' and 'welp, failed cup and handle breakout'. I don't look too much into it.
>>60992202>someone explain to me like I’m not educated in TACup and handle is a classic stock pattern where the price breakout above the handle tends to match the depth of the cup, which for silver, suggests a price well into the 3 digits, or multiples of the current price.
>>60992172>At what silver price does IQ lose his job and is forced back to his condom business?He has to go back to making turd cakes.
>>60990251have I told you how much I love photos of crates stacked with bars?
>>60992148>Options expiry today$44.74 right now with 3.5 hours left in NY trading day. I would be surprised if we broke $45 for the close, but the shorts deserve a good reaming.
>>60992238>have I told you how much I love photos of crates stacked with bars?
>>60992258mmmm it's probably wrong to get a hard on from that
>>60992250Your chart cuts off a little early.
>>60992279>mmmm it's probably wrong to get a hard on from thatHere's a compromise.
>>60992250No. We are not at 49 USD yet.
>>60992299kek
>>60992100Oooohhh nice
>>60991233Sell under 10k at a time to avoid mandatory reporting. Don't sell over 10k in too close of a time period of you create a case for structuring which means you will get legally raped if the government ever comes after you.
Please don't buy gold and silver, it's hurting the american economy. Just buy stocks and crypto, it's your patriotic duty.
Hello.
I have an RCM 100oz bar that I would like to sell, I live in Canada. What should I do? I called a bunch of the popular local shops and they were offering like 4% less than spot which is a rip off. What should I do?
>>60992410The economy that's taxed so illegal immigrants can be given free fiat under a democratic party leadership?It's my patriotic duty to buy silver.
>>60991897Already happening. The CPU market (and the computer market as a whole) is now just an expanding high end that scales performance exactly with price and power consumption. 200W+ cpus are now common, and barely squeeze out any more performance than 100W models from years ago. Poorfags will soon only get decade old CPUs
>>60991169What I wouldn't give for the Mint to misprice things like back in 2020. They were selling 5 oz silver quarters for spot! Nobody cared about the designs.
>>60992449>I called a bunch of the popular local shops and they were offering like 4% less than spot which is a rip off. What should I do?Best price I can find is $5,972, which is a little below spot.Canadagold.ca
>>60991948Sometimes the cheap shit has cool designs though. Like some Asahi rounds. I found a half-oz gold coin with Frank Lloyd Wright on it. It happened to be the cheapest one and fit with my Ayn Rand high school sperg phase so I bought one.
>44.88
>>60992492Appreciate the responseYeah one of my local shops is offering $6000 even, but that's still ~ 260 under spot What online marketplaces are most liquid for private buys/sells between stackers?
>>60992418Hey!
Crypto nerds having a full scale meltdown on the boards today, but it's comfy in here.
>>60992599>44.88There's going to be a pullback eventually, right? right?
>>60992625>comfy when it's up>comfy when it's down>comfy when it's doing absolutely nothingwe just can't losethe peace of mind and lack of stress is unbelievable with pmg
>>60992455We've reached the limits with the current tech for CPUs, hence the push on GPUs which are parallel.Anyone else notice that any CPU performance increases are more than offset by shittier and more inefficient OS and sofware?>t.uses a 10 year old computer running the penguin.
>>60992640Everyone deserves to be this cozy.
2 more weeks
this i found this guy's youtube channel. pretty sure it is the same coin. he has a nice colleciton: >>60979995https://www.youtube.com/watch?v=rSm94eHK9O0
>>60992640tfw I panicked back in 2020 and have been sitting on 11 pounds of silver (and some gold) since. I'm thinking I gotta get back in again
>>60992658>>60982742
>>60992492100 oz bars aren't as liquid as Maples, but they cost less initially. If you need the money now, take the hit, otherwise wait a few months and you'll get a lot more.
>>60992418>>60992612Out of the way! Best in class single stack .45 coming through!1911s are fine though.
>>60992635>There's going to be a pullback eventually, right? right?Yes, Elliot wave theory. The pullbacks may be smaller and shorter than you might like however.Canadian prices, picrel
>>60992770This one doesn't have the triggerless auto-fire feature though, does it?
How do you guys typically decide whether to buy gold or silver and the proportion of each?Like say you have an x amount that can be invested, do you split it 50/50, 25/75, do you go all in in only one type? Also do you add platinum to the mix?
Someone on eBay wants $999 for an MS61 Peace Dollar and keeps refusing my reasonable offers. I even messaged them the comps and asked what they’d take, no reply. If these niggers have offers open they should at least be willing to communicate. It’s super annoying because it’s a nice coin but no one is going to pay $1000 for an MS61 so it’ll just sit there forever.
>>60992770We are posting fancy 1911s we're gonna get in honor of hitting 45 as per last thread.
>>60992780That's the striker fired P320 you're thinking of. Hammer fired Sigs are good to go.
>>60992814>in honor of hitting 45I have plenty of .45s1/2
>>60992805>How do you guys typically decide whether to buy gold or silver and the proportion of each?I just buy what I like, which is generally gold and then junk or numismatic silver. I’m about 90/10 gold because of it.
>>609928142/2
Oh and one more question specifically to Europeans. Why do you buy silver? It's subject to VAT, that means you're paying 15%-25% more than its actual value.
>>60992822Only $14 more and you break even
>>60992021>an as of yet unidentified compoteMueck-Carey 611
>>60992834Explain. What's in the post image you're replying to?
and there gold runs again after that fake dip
There is about $20T in investment money that is looking for the best return.>Let's say a very conservative 1%. 1% of $20T is $200B. $200B at ~$45/ozt represents 4.444 billion ozt or 138,237.7 metric tons of silver. There isn't enough liquid free float in global free float vault stock + mining production to meet that level of demand.https://x.com/pmbug/status/1971221737560997919captcha:UMAGA
>>60992910>Explain. What's in the post image you're replying to?That's the Jeetbot you're replying to.
>>60992925>and there gold runs again after that fake dipWhen gold runs, it pulls silver.
>>60992936I'm testing to see how intelligent the bot is
>>60992926Lmao, $0 going to garbage rocks
>>60992943>I'm testing to see how intelligent the bot isThe bot has a tarded wrangler if I'm not mistaken.See: >>60992949 That was likely a pure bot response.
>>60992942aren't miners operating on thin margins? always kinda thought that they are a pretty shitty business and many mines just go bankrupt and can't even afford a clean shutdown
Crypto shitting the bed seems to have broken the shillbots
its up again
>>60992966>aren't miners operating on thin margins?They used to be, not anymore. All in sustaining costs for silver average about $22/oz. At $44/oz everyone is now making money, even the highest cost, least efficient miners. The lower cost producers are raking it in, just like the gold miners who have an average production cost of $2k/oz.When even Junior miners start buying corporate Jets, that's the time to consider taking some profit.Starting a NEW mine is currently a multibillion dollar prospect with a two decade timeline to production.
>>60993002>its up againNearly $45, less than 2 hrs to NY close.
>>60993007i see. well now you know why they are cheap, widely considered shit business
>>60993021Closer...
>>60993029Hasn't it been above $45 this whole time?
its a little surprising that yesterday gold was falling with the dx but today they both are rising together
>>60993028>well now you know why they are cheap, widely considered shit businessA lot of the miners blew their capex on complete bullshit during the previous bull markets which soured most investors towards gold and silver mining.The miners are still paying the price to this day. It's important to note that a raging bull market, even shitty companies that will never make money go up. Some shitty stocks may even go up more multiples than good companies, because they start lower.Just because a Junior stock goes up doesn't mean the company is any good. Just because a Junior isn't any good doesn't mean people won't make money on it. The rising tide lifts all boats, you just have to exit while you're still ahead.
>45.11
>>60993038>Hasn't it been above $45 this whole time?No, after it hit $45 they knocked it down to $44.30. It has climbed back up to $45 briefly, before settling down just on the border.
It looks to me like there's an algo that automatically shorts when it gets to the next dollar amount. Ie, when it gets to $45 the automated trading program does some short sales.
Just imagine /pmg/, you could have gone all-in on crypto and been one of these totally fine and happy anons today
>>60993114Nah I like being comfy
>>60993076>45.16
>>60993114Crypto is not money. It is intangible. It is not a store of value. It's an entry in a shared database. It may be used to transfer value across national borders without government approval or involvement of the banking system, but it's not wealth.You cannot analyze the fundmentals of crypto because there are none. People bought it because the price went up. The price went up because people bought it.
>>60992645GPUs arent improving either. The entire bottom 2/3 of nvidia's lineup is an architecture from over 5 years ago. AMD hasnt been competitive in over a decade
>>60993131>Over a dollar of gains in a single day>Tomorrow's a Friday (Silver almost never closes down on Fridays)I wish there were brakes on this train so I could accumulate more.We're going to be at $50 in a couple weeks if we keep going at this rate.
>>60993125>45.1645 minutes to NY close.
>>60993174>GPUs arent improving either.All the AI stuff are GPUs.
I want it to get to $1000
>>60993178>I wish there were brakes on this train so I could accumulate more.https://youtu.be/Vj0dwuISEEE
>>60993178>I wish there were brakes on this train
>>60991686Why does that meme start with only 3bn oz?
>>60993211>I want it to get to $1000I don't care about the price, I want it to get to 10:1
>>60993190I dont even know how to decipher this gobblygook
>>60992188Tarnished silver
Hey goy don't worry just keep your worthless paper until we are back in Israel.
>>60993211>a merc would be $72.34
Nobody wants to thank iqdelet but I will. Thank you pajeet for fudding these threads the last four years. Your 50 posts per thread nonsense has made me stack harder than I would have without you. My gains are gains on gains because of your bullshit. Compound gains!Unironically, I got rich buying silver.
>>60992645>We've reached the limits with the current tech for CPUs, hence the push on GPUs which are parallelHuh? I've been stacking compute and my server has 1.4 TB/s RAM bandwidth. 5 years ago I wouldn't believe that you can own that amount of power as an individual.>>60993174>GPUs arent improving eitherBlackwell is an absolute beast. RTX 6000 Pro can run gpt-oss-120b-mxfp4 at 150 tokens/s, serving 4 users at the same time. Or Oblivion Remastered in 4k@100fps ultra settings.
>>60993225>Why does that meme start with only 3bn oz?Because that's a fair, honest estimate of the free float at the LBMA + COMEX registered + retail stock.Ie, a good estimate of the total amount of silver in the world that is actually available for sale right now. Unlike the CPM group, it doesn't include landfill silver, dental silver in people's teeth, silver chains around people's necks, silver used by the military and blown to microscopic dust in Afghanistan. The CPM group (Goldman Sachs) estimate of 54 billion oz is basically an estimate of the total amount of silver ever mined in human history.
>>60993243So 1000 mercs would be crazy.
>>60993076>>60993125>>60993258Ho Li FukIt's actually happening
>>60990417The shop is just exchanging one kind of money for another kind of money. They'll take a small fee at the time of the transaction, like any airport currency exchange. They have no idea if 1:15 is fair or if 1:85 is fair. They just go with the market price.
>>60993231>I dont even know how to decipher this gobblygookNvidia H100 chips are actually GPUs. GPU development has shifted from gamer video cards, to generative AI processors.
>>60993276Aw shit! I only have 500...
>>60993261>Huh? I've been stacking compute and my server has 1.4 TB/s RAM bandwidth.How much relative performance have CPU's gone up in the last 3 years? Not talking about system board and memory improvements. Over time we will certainly continue optimizing the systems for better performance using even existing CPU hardware limits.
I was joking two weeks ago about buying a BMW but I might be able to get a lambo.
>>60993295>The shop is just exchanging one kind of money for another kind of money.Depends on jurisdiction. Some places that charge tax may require a "deemed" sale equivalent for TWO separate transactions.
>>60993298Very well organized setup.
PSLV is over $15All time high of the last 10+ years.This is it frens Hold on to your butts!
>>60993335I would rather buy a house or land somewhere and an old jeep wrangler that can easily be maintained.
>>60992093nice stack, nigger.
>>60992279Phhhhfffftttt....
>>60993297They're barely GPUs, H100's have 24 raster units and no video outputs.>>60993326Around 50% for gaming CPUs, around 80% for HPC CPU's.Silver bars are good heat sinks btw.
>>60993335why would you do a joke like that? https://www.youtube.com/watch?v=Z7E0Z9gcJWI
>>60993364poors have been priced out. the fees to buy a stock is more than that and the fees to sell are the same meaning it would have to double in value to be worth it
>>60993297Yeah this is the extreme high end of GPUs which is still slightly improving due to hundreds of billions of $ being pumped into R&D. But each generation is closer to the previous one in terms of performance per W and performance per $. Eventually it will be 1000W GPUs that cost $500k each and barely give 20% improvement. Theres maybe 10 years of GPU low hanging fruit left before it stalls just like CPUs. GPUs are just dumbed down CPUs with shit tons of cores. Theres no new technology there.
Egon von Greyerz predicts the inevitable collapse of the financial system.https://x.com/GoldSwitzerland/status/1947879613998469196
>>60993410>GPUs are just dumbed down CPUs with shit tons of cores. Theres no new technology there.Yeah, just massively parallel, but not particularly fast.
>>60993258Same, I honestly might not have even bought a fraction of what I did without him. He's the MVP!
Well guys, I’m only at 180 ounces after adding 30-50 over the past couple months . Do I grab some more junk or just park it?
NINE minutes to go and we are still at $45.13!>feels like watching a football game.
>>60993365I have land and a house already.
>>60993454I'm parking at 150 oz of silver and 1.5 oz of gold for now. If there's a bit of a downturn, I'll buy some more. I don't have the free cash atm
>>60990770This is funny. I got a 1 million USD 40 year fixed rate loan at 2.85% in 2020. I also bought 125k in physical gold and silver that year. It’s now doubled in price. Two more doublings and I will be able to pay off the entire mortgage with them.Although I’m hoping treasuries are yielding close to double digits by then and I can lock in a 7% yield delta.
>crypto nerds are seething
>+2.76%
>>60993473Based. My issues a little more complex. Got 5.6 ounces of gold. 120k in high yield savings, plan was investing anything above 100k, but our incomes gonna drop significantly with second baby coming in April. Wanna buy a house eventually otherwise I’d be more aggressive, I think I just keep DCA’ing into PM and crypto (anything but stinky fiat)
https://www.youtube.com/watch?v=mPBzujm-cF8
>>60991842>asteroid miningNo threat if it happens though. It corresponds to a much larger economy that will absorb mined space resources.
>unironically didn't buy enough
>>60993496
>>60993389>would have to double in value to be worth itI'm expecting it to quadruple. A reasonable estimate.
>>60992612>>60992770>>60992814
>>60990251>silver breakout edition >...45 tis no break out knave.45 tis but the crowing before the point of no return, a new floor if though whilst. The rendering affixed represents an article that shall soon be valued in materials steadfast in poultry currencies a fortnight past then originally acquired hence forth.
>>60991063They know something is wrong,But the rats keep jumping from sinking ships right into the ocean.Gold is down, dollar is up, but silver is snitching them both out today.
>>60993670
Today was a win
>>60993687Just watched a boomer dump 1000 oz and look at me like I'm retarded when I bought a few of his old stack before he left the lcs. The herd mentality is big with NPCs. He seemed genuinely offended I would be buying right as he sold a stack lol. He had a big smile when he took the check but was. Seething by the time he got to his car.Damn stacking is comfy.
>>60993216The usual suspect banks increased their shorts on $SLV by 67% last night. This was the best they could tamp.
>>60993270>available for sale right nowSo it has no handle on what is already held by stackers, in jewelry, or tableware. I'd argue then that the statement is inaccurate. It's more like 'there's only enough silver currently on the open market for every millionaire to equally purchase 64 oz.Also, there are two credible estimates of the number of millionaires in the world: 56 and 62 million. So it should something between 48 and 53 oz. www.ubs.com/content/dam/assets/wm/static/noindex/germanium/2024/Doodownload/Global-Wealth-Report-2024.pdfwww.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/global-wealth-databook-2022.pdf
>>60993791The issue is that both figures are dishonest in each direction, but at least trying to estimate the amount of silver actually available to be purchased will land you closer to the genuine free-float than retardedly deciding all silver that has ever been used for industrial purposes will be perfectly recycled in 100% of its original quantity (including silver used in bombs, which is obviously gone forever.)There is no exact figure and no way to ever find it, even your own statement of 'well people who hold silver now will sell it eventually', but how many? And how many will hold it forever? What percentage of silver currently held by anons here will be sold at $50? or $100?
>it’s dippingwhat does that mean?
>>60993298it's crazy how long it took me to realize the possibilities of junk silver. once you learn a bit about alloys and circulating times its such a thrill to hunt on ebay coin collections.
>>60993741It's probably a sin to find joy in that, but I can't help but chuckle hearing that story. What did he get 43k? You can barely get a nice car for that right now. He'd probably double or triple by this time next year.
I got a shit load of silver boys, I also have a shit load of crypto (ICP) that's getting fucked right now.
>>60993833Check'd
>>60993879>I see peeSurely you jest
>>60993691Ahh yes l too enjoy some Barqs root beer.
>>60993932
>>60993932>>60993879Im up with Au, Ag & MLX
>>609921881oz platinum "Sargbarren" Degussa
>>60993846Do you genuinely think silver could hit$100-$150? How many here see this as a possibility?
>>60993940It's Bangs
>>60993940Go back
>>60993833>people who hold silver now will sell it eventuallyI don't recall saying that.And it seems you're missing my point and I can't be arsed to re-explain how wrong the wording of that meme is.
>>60993975It’s a literal guarantee, the more important question is how quickly this is going to happen
>>60993975I'm hoping for more like $400 in 4-5 years time, but who really knows. By all accounts it's a volatile investment, so do your own research.
>>60993975>genuinely think silver could hit$100-$150?It'll go into the several hundreds in the next 10 years.
>>60993969Gorgeous thanks
>jewelry>shipwreck jewelryhttps://www.youtube.com/watch?v=X4y-MwE2rj8
>>60993975$100 def possible probably next 1-3 years though. Love that photo if it's yours!
>>60993996by 2030 Silver ounce troy will be over $400. The Gold silver ratio is going sub 30:1
tomorrow we break 46.47
>>60990650Silver is up and your visa is about to be revoked. Life is good. The world is healing.
Has Dollar a day started?
>>60993670Charlie Kirk is just white George Floyd.That is all.
Does Bison Bullion ever restock? I love buying silver/gold buffalos and US indian coins. I was checking out their site and 80% of it all is sold out.
>>60993975considering stocks nowdays move hundreds of dollars in a single session, anything is possible in this clown market
>>60994040>just white George Floyd>whites didn't riotThink about it.
>>60993940
>>60993489Is that high yield savings or an MMA? MMA's are not the safe high return thing that finance bros make them out to be - be careful. I know I operate pretty extreme compared to what most can manage, but I've got 4 years of living expenses in PMs and only float 5000 fiat bucks, plus or minus seasonal swing. High risk risk mitigation. Not a good time for a mortgage either. I've got 3 under 3, I know the struggle borther.
>>60993741Good for you. Still sad for my friend - his then 99 year old grandpa got taken by a 75 year old woman predator who stole all his assets on death by changing his will and leveling false abuse charges at the family. Grandpa had 4x 5 gallon buckets of silver dollars he squirreled away in 1964 in the basement. Unsorted. All gone. Genuinely wretched. The stain of greed on that generation is tremendous.
>>60994073Sounds like your friend should take it back (in minecraft)
>>60993346Oh... ok. I'm in Virginia. There's no taxes on precious metals here.
>>60994007>by January 2026 Silver ounce troy will be over $400.*Ftfy
>>60994090>by January 2026$50-60 sure. $400 is too optimistic.
>>60993975>Metals are mooning>Rare pepes are here>Globohomo is committing sepuku> Treasure chests are backWhat a time to be aliveComfy times ahead frens
>>60993178>Brakes on this trainyeah here's the thing the only thing keeping me from going literally insane is the current silver price action so that's a no from me on this one.
>>60993791>o it has no handle on what is already held by stackers, in jewelry, or tableware.Correct. Much of that silver is not for sale at the current price. If the price goes up five or 10 fold, much more silver will become available, including formerly unprofitable mines getting re-opened.At current prices, there's likely not enough silver for every millionaire in the world to purchase 65 oz, but at some number significantly higher, there might be.It's a theoretical mindgame because many non-millionaire people around the world, (several billion of them) would also want to own some silver and if they spent their last American dollars/Euros (most middle class people outside the west keep some US dollars/Euros) buying them, that would consume several billion ounces, even if the average purchase one 1 or 2 oz.>What percentage of silver currently held by anons here will be sold at $50? or $100?Likely well into the double digits, maybe as much as 30%, mostly Boomers or people who are in need of immediate liquidity.I think the majority won't sell because although silver is going up, the dollar is also going down. They would be selling for immediate use, rather than just putting the cash into the bank of Weimar.
>>60993454I'm considering buying 40% Kennedys and over priced dimes online. It never feels like enough but you've got several times more than most people that on average own nothing aside from a few inherited coin and spoons.
>I wake up>silver is up another dollarSo is it finally actually happening bros
>>60993969>I also have a shit load of cCuriously attractive bar. Probably not much bigger than the 4chan thumbnail on my screen. Very deep "Made in Germany" mark. Interesting that they used the German name "Platin" and weight "Unze", but they wrote the made in Germany in English.
>>60994172>considering buying 40% Kennedys and over priced dimesEhhh... buy 90%. More fungible because they're more desirable.
>>60993975>Do you genuinely think silver could hit$100-$150You have to be a retard to think silver will break $100.
>>60994196Going full stacktard on silver.
>>60993995>I'm hoping for more like $400 in 4-5 years timeIt's entirely possible for silver to hit $400 and gold to be $35,000 in five years.You may not like the world as it is when PMs hit that price, unless you've also taken other steps to prepare.Not Mad Max, but terrible suffering, lots of internal migration, many systems broken, like Flint Michigan water broken. Maybe half of the world has water that is safe to drink out of a tap.
>>60994014>tomorrow we break 46.47If it goes up that fast, we could be at $50 by Oct. I personally don't believe that will happen, but would be happy to be wrong.
>>60994040>Charlie Kirk is just white George Floyd.Minus the counterfeit $20, fentanyl, and the banana dance, with the addition of a bullet or fragment from an "Israeli Pager" microphone.
Any stackers looked into repousse decoration stuff? seen a mirror on ebay, weighing 960g at 21cm across, stamped 900, spent an hour or two looking into thickness of silver when they make this stuff & weighing up whether it's a decent buy at £130ish
>>60994231>$50 by Oct.Granted, after the 2008 crash it took silver until 2011-ish to reach $50 I think?So, we could have some time for silver to feel the full effects of the things that are now being broken.But then, this is astronomically worse than the 2008 crash, as bad as that was.This is different. This is empire destroying.This (the USD death spiral) could explode everything tomorrow.I am not expecting this to go like it's gone in the recent past.I'm their desperate panic, trump and the lunatics in power are doing everything in their power to accelerate this through their actions across the globe.I'm not even doom looping. This is just basic obvious facts.
>>60994041>I was checking out their site and 80% of it all is sold out.That suggests that online retail is selling faster than normal. No one wants to lose sales because of lack of inventory.
>>60994086>Oh... ok. I'm in Virginia. There's no taxes on precious metals here.More and more States are either dropping all sales taxes on gold and silver or even making gold and silver voluntary legal tender. This is a very good thing, both for the State itself, the people, and for silver.https://www.mintstategold.com/investor-education/cat/news/post/states-where-gold-and-silver-have-become-legal-tender/
>>60994052>whites didn't riot Oh, we don't bring the chaos, we bring the orders >>60994244>with the addition of a bullet or fragment from an "Israeli Pager" microphone.Fax. Chequed. And noted...
>>60994106>$400 is too optimistic.If we hit $400 within a year, that means something very bad has happened. Imagine a market crash/bank crisis/pensions lost/bail ins.That would make $400 silver easily. There would be serious domestic unrest to say the least.
What a fine day for fine silver. Bless you anons. Something is actually happening.
>>60993691
>>60993833Retail doesn't matter, China and DOD is buying, the writing is on the wall any consolidation from sales will only accelerate purchases to satisfy future demands. Every comex bar that leaves the country is two ICBMs we cannot launch towards China or Russia, it's a thousand automobiles we cannot build. The only market that could turn the tides, temporarily in my guess, is India. They have shit loads in jewelry and knickknacks and it alone as an alternative market dropped the price significantly when Warren Buffett was buying, the announcement of which had caused an upswing that was sold into just after a bad harvest in street shitter land. But millions of oz floating is likely going by the wayside. If ranjeesh sells his heirlooms again, he's not buying them back. If there's a true grab people will sell into the rip and any manufacturer of today that needs to account for 10-20 years of shortages, high prices and the end of global markets will buy. Our buying and selling as plebs is meaningless until there truly is a run and there is none to buy, then there will be a microscope upon us. If retail doesn't but refiners will still offer melt and sell to people that actually matter. We are just sailing the tides.
>>60994287If silver gets above $100 before Trump's presidency ends, then we will be in hot water.
Today this happened:>Tale of the Tape: 30,500,000oz Dumped in 15 minutes see timestamp and volume 6.1K contracts (top LHS). That’s $1,575,000,000! Price collapse to $44.50 then bang up she goes. Take that! Ain’t no stopping this boys.source: old.reddit.com/r/Wallstreetsilver/comments/1nqfv4a/tale_of_the_tape_30500000oz_dumped_in_15_minutes/
>>60994303It’s funny because jeets could come out the other side of this rich af but they are incapable of holding a bag and will jeet as soon as its worth a bit of money KEK
>>60994324>and will jeet as soon as its worth a bit of moneyIt's like the inverse of fomo. What do you call that?
>>60994312Brother shit is going to hit the fan in a matter of weeks because of interest rates and mortgage rates going up. The FOMC just cut 25 basis points last week and the rates are up 30bps. Shit is about to hit the fan. Forget the politics just focus on the economics and get emotionally ready because we're not getting out of 2025 the way we came into it if these rates keep going up.
New thread:>>60994343>>60994343>>60994343
>>60994324The other part of the China thesis is that they are in a strange place with India. India is a fairweather friend to both economic blocs, if China is willing to buy dore bars out of South America I'm willing to bet they'd clean out the jeets to have an upper hand in economic or even hot conflicts. They've postured similarly against America lately with exports and we intended to use the jeets as an asset against China.
>>60994303>China and DOD is buying, Ahem...Times they have a changed...https://www.war.gov/
>>60994303>any manufacturer of today that needs to account for 10-20 years of shortages, high prices and the end of global markets will buy.Many manufacturers will frontload, but if prices moon I predict things like solar panels and solid state fast charge batteries will take the hit. They are both huge users and price sensitive applications.Even if you frontloaded a bunch of 1000 oz bars, you would have to raise your selling price to cover your bill of materials and labor costs. If you can't charge enough to do that, then you close the business and use those thousand oz bars for liquidity.
>>60994359I remain bearish on America as they've focused on crypto markets to save their sinking ship and it's not working
>>60992090I want to beat you over the head until you stop spasming
>>60992181this, this is a man, right???
>>60992235kek and correct, with a side hustle as bull piss wrangler>he is so dumb, he actually “milks” the bullfaggot…
>>60992812dat boomer knows what he has…
>>60994040>>60994040im thinking horst wessel to freak out the npc/normies>too much: “literally hitler/nazi/SS/gestapo/“ virtue signaling from the progressive pearl clutchersi for one, am happy to see border/ice enforcement laws being followed without the bullshit of needing new laws. the laws are already there. meanwhile i sit back, munch popcorn, purchase muh shinie rocks and laugh at the crybabbys…
>>60994172i buy ‘em. folks laugh, still fractional silber when all said and done. l keep getting them for under spot, until i cant…>stack on bruv
>>60994244do u have the webm?if so poast it in next bread ploxthank you in advance!
>>60994336poo on it?
>>60995062>do u have the webm?No, sorry I don't have the video.
>>60994853>this, this is a man, right???I have not done penis inspection day on Lynn Alden.
