Sit tight and be right edition Higher highs, higher lows>Why precious metals?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/ (Other rare 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/cataloguehttps://www.ngccoin.com/price-guide/world>News and graphshttps://numismag.com/en/home-enhttps://silverseek.comhttps://www.silverdoctors.comhttps://www.mining.comhttps://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-coinshttps://kevinsworkbench.com/junksilverguidehttps://www.coinflation.comhttp://coinapps.comhttps://erikasgrig.com/calculators/rpi-calculator-inflationhttps://learn.apmex.com/buying-guide/buying-in-the-usahttps://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: >>61069850
Thanks for the bread bake Chad. Now as I was saying: 47 dollars future and 51 spot in the same day for silver is fucking bullshit My fucking gains REEEEEE
I did say there would be a 5% sell off, but not this early. They're getting desperate, when do the chinese wake up?
>bought the top again
And now this ammo can is filled to the brim with shinies. Feels good man. Been a fun ride with you all
Should I go buy more USD? >t. cucknadian
>>61071682I love flexing on the normies.
What the fuck happened today? I would have never guessed it blast through 50 a decades long resistance up to 51 then crash??
>>61071697>He does not recognize the classic cup and handle Stay on target anon, stay on target.
R E C O V E R Y
guess ill just watch the pump now the cheapies are gone and normalfags are panic buying
(((futures))) should be a banned statistic
its not just metals that are crashing but all assets
OH NO NO NO
dont care if silver drops slighlty i keep on buying
More. I need MORE volatility!MOOOOOOOOOOOOORE!
>>61071698i can't believe that american banks are helping the chinese slurp up all the precious metals. trump should put them all in jail!
>>61071713Oh I have been listening and watching, I have a large position in silver still. I bought more recently, and didn’t sell my miners. But still it just doesn’t make any sense to me the way the spot price moved. I know the markets can be irrational but still what the fuck did I just see today
>>61071710its the most jewish trading in history, fear not, it resolves higher just the path is a battlefield. Rivers of blood you might say.
>>61071730I'm not worried. The price will be back up tomorrow after the Chinese government buys that dip tonight, as a worst case scenario.
>>61071741Today was mask off they must be getting desperate
>>61071682Thank you baker.
>>61071741BACKWARDATION, I dunno how many times I have to explain it. London is out of silver. US is not. Weird shit is going to happen back and forth.
what's going on
One of the few issues i have with stacking junk is the volume to actual silver volume ratio. I thought id got a lot but once the math is done, i realize it'S not even close...
>>61071747Based but what was the game even and how? The DXY did well but that doesn’t explain it because it wasn’t that drastic
>gotta blend in with the crypto normiesLol they think lottery mining will actually work.
>>61071730HURRY AND PRINT MORE PAPER TO SELL, YOU SCHLEMIELS!
>>61071766nice collection there fren
>>61071707where did you get that beautiful Marian round? It's beautiful
>wake up>check the price of silber Uh ohStinky
>>61071698the hong kong traders will be slurping it up in 7 hours>>61071751saudis too
>>61071771It's fake, chief. I remember this kind of thing back in 2022. A wall street guy came out when the market was ripping upwards and said "it's going too high, too fast" and then the market just magically got dumped all of a sudden. Shorting is fake and should be illegal, it literally just encourages massive market manipulation.
>>61071794>2toz werewolvesNice! I deleted most of my old pics, gotta take new ones :/
>>61071682
fuck all non-PM havers
>>61071701looks like u can still sit a few reichsmarks in there
This volatility is exciting. Normally silver gets tamped down without much fuss. Looks like they've had to slap it down twice now. This isn't going to go away, either.
kek baggies
whats the deal with the sudden dollar demand?
>>61071904Should I buy more USD?
>>61071912idk but people seem to be selling everything from rocks to stocks to get it
I lament the fact that I am constantly moving around and can only carry so much silver which prevented me from buying more.Any more and I would have to ask others to help me move it, which I would obviously refuse doing.Even the lockbox I have my stack in is breaking apart.
>>61071893Correct, I guess the $50 was going to be wild but it'll be back in the rear view soon, probably by next week
>>61071904Japan turning on the money printers and bonds selling off. Dollar demand is temporary, it'll go flooding back into tangibles like gold/silver soon enough.
>>61071741Fuck the fuck off Lahey. I have 141toz
>>61071915it's not many rock sellersit's probably stock holders realizing that equities are fucking overbought big time
>>61071932i see. well in the end whatever it is will help china. kinda weird trump isn't calling them out on it yet
>>61071794Just last weekends purchases but i need MORE
Anyone invest in uranium mining? UUUU went from $4 to $20 this year. This is the power of mining stocks if you get it right. Don't be selling calls on your holdings because you'll get left in the cuck shed once the payoff comes around.
>>61071946stocks are down about as much as dx dollar index is up
>>61071919>silver is so heavyPussy
>>61071758Shorts bottomed out 10am ESTGold: $3947Silver: $48.48Platinum: $1616Palladium: $1408How much paper do you think banksters dumped?
Where are the treasure chest chad of /pmg/Show of your booty you had years to prepare for exactly this scenario lets have some fun
its either going to go or its going to go down
>>61071707>MANGA MATTERSvery true fren
>>61072007That's just your opinion
I BOUGHT GOLD ABOVE $4K THIS IS A SCAM WTF
https://files.catbox.moe/p157g6.mp4
>>61072032they do this all the time, it's a good test to find out if you're a protagonist or a npc
>>61072032just stopthis cringe posting isn't funny
thinking of buying some pm's with the vast amount of USDC i happen to have at hand but damn, on a 2,5k€ order id still have to pay 500€ VAT on top. fuck.
>>61072032what did you learn?
What's the deal with painted silver rounds? Some of them look like there's a sticker on it. How do I get it off? Can I even?
>>61072073Precious metals are a scam
>>61072032its ok your grandchild might live to see the next ath
>>61072074painted silver/gold: ugliest aint nothin beats the good ol shine
What did I tell you about fucking silver
>>61071710$50 has been a sell point for many for years. Looks to me like it just triggered a bunch of autos when it broke resistance. Same with gold at $4k. Interesting they happened within hours of each other
>>61071729Dollar is pumping
I actually believe it was divine providence that made me stumble upon silver at the start of this yearPicrel is the exact moment my brain went hmmm.jpg. I wrote to a friend about it, and have been reading more about it and buying some every month since then
>>61072072country?
couldn't help myselfanother fatman with sword
My new shinies.Getting that stack higher. Dont care what they do to the prices.Gonna stack more and more.
Looks like cheapies are back on the menu. I'm wondering if I should slurp now or give it a bit.
>>61072098germoney
>>61072088gonna go up
>>61072108silver dragon bars on costco sold out already
>>61072109so you wanna buy silver with usd? and therefore you've to pay 500€?
>>61072105>Getting that stack higher. Dont care what they do to the prices.>Gonna stack more and more.Based.
>>61072121kek
>>61072118>theywho is they?
>>61072074acetone and qtips should remove the paint without harming the coin
https://www.youtube.com/watch?v=2i_AGuSohckthread theme btw
>>61072156who do you think?
>>61071682[Embed][Embed][Embed]Newbie
>>61072124usdc, crypto.went in early on a project 2 years ago.All official vendors of course have to slap vat on it and also the 2k limit for anonymous buying. might just bite the bullet, but paying about 20% just for the government to rake in to build some cycling routes in chile and pay the wage of our baldhead chancellor's hairdresser just hurts too much.
Whats the make it stack for USD?
>>61072072>tax to buy goldJUST
>>61072177well good luck, either that or try to convert your $ to € first?
>>61072189no no, if he'd buy with euros directly you can buy gold and junk silver below spot easily
>>61071987It’s like shaking a tree to get apples. It costs energy but you hope less than the apples return. Hard to know how much effort. The ideas is you expend X amount to drive it down. Scare others to bail or trigger stop losses. Buy your X back up for hopefully less than it cost plus the Y others who bailed, on the cheap. Pus they can get in on the miners at a better price. I’m patient I’ll be holding.
Remember when gold was trying to break above $2100 last year? It dropped like 2% and miners would dump 10%. Then a week later it tested it again, and a few days later it broke through and never looked back. That's what's happening with silver right now. In 15-20 days, we're going to break above $51 and will never see silver under $50 ever again. $50 will be the new base.
>>61072074>>61072161https://youtu.be/yJY8MCHDLfQ?t=149
>>61072156hes obviously referring to banks but im sure he has no idea what hes talking abouta lot of these people just make shit up based on how they feel
>>61072100No way you have a Jena coin too, I turned one into a necklace. My grandma is from Jena.
poomp eet
>>61072221This, they're dropping the price because they themselves want to load up before the price takes off. They know this AI circlejerk is going to fall off a cliff and wipe out retail.
>>61072213He should do that
>>61072189gold is not taxed, however any official shop charges 19% VAT on silver.>>61072203ah, with "cashing out" comes all the issues of taxman. I think i have found a way though.
Silver drops for the next two weeks cause that’s how long it’ll take for my ETH to de-stake and get turned into silver. >pic related, first purchase after Silver moons again
>>61072238Definitely. It's probably my favorite empire coins that isn't a super rare / impossible to get one. I'd like one in an ngc holder too.
>>61071974Energy fuels is on my watch list. But it seems as if I missed that train. But I made some gains with Kazatomprom.On a more thread related note:Had some german junk silver eagles delivered again.More are on the way too.
>>61072248>however any official shop charges 19% VAT on silver.not on DIFFERENZBESTEUERT Silber tho>i have found a way though.wagmi
>>61072238>grandma is fromhave you been there?
>>61072248That is fucked up
>>61072269which is why this seems so expensive. price is including vat so it will be much cheaper for burgers
Bullion Exchanges sells bags of junk silver for under spot. What does /pmg/ think about buying bulk junk? I don't own any, but it seems the stacker community swears by having at least some junk.
hope youve been drinking your colloidal silver bros
>>61072248In a few states, there is a sales tax on PM orders under $1,000. It's usually why I limit my purchases til I have a bit saved up
>>61072297cheapies should be renamed to expensies or something. I remember buying 5DM (600ish, 7g silver) for exactly 5€ 2 years ago. now it's ~9,4€. gold is gold, silver is silver. and monopoly paper funny money is trash lmao
>>61072241Please don't, I need more time. Just let it sit here or dump for another week. Please. Jews, you are the chosen people for another week, help a goyim out.
>>61072318florida just got rid of the 500$ limit been nice slurping
you did listen to me, right? >>61010158
>>61071774It's almost... odd that both my PMs and my portfolio are up today. More than I expected.
silver is making me geek out rn will it keep going up or not?i want to buy MORE for my stack but idk if this is just a weird spike
>>61072484Will probably consolidate below 50 for a few months now
>>61072484Peace in the Middle East, anon. All safe haven assets are going to crash 80 percent, leveraged speculative investments are going to 100x.
>>61072517Outlooks already suggested that on my end, but I'm no veteran of financial matters. I'd be very glad for that to happen to I convert to PMs after.
I'm still green ya fucking kikes, try harder.
>spread between spot and futures is about $1.50
>>61072095How many ounces?
>>61072517>While people are saying, “Peace and safety,” destruction will come on them suddenly, as labor pains on a pregnant woman, and they will not escape.
>>61072095Based, I started looking in February, then bought in March. Its worked out very well.
https://www.youtube.com/watch?v=pmSFOuBiXBY>>61072166another one
>>61072156
>>61071700Today's top is tomorrow's discount.
>>61072532>ctrl f>backwarddation>1 resultCan we talk about this? Going from 40 cents to a dollar fifty is massive! How long do we anticipate this continue before the markets break?Any guesses?
>>61072576heard hes in bad shape in hospital now.....wonder who did that to him....
>>61072378Wait what, really? Shit, I've been passing up maples because of sales tax. If I can afford more I gotta start getting some.
>wake up>gold below 4k>silver apparently went to 51 then dumpedThis is just a game to them.
central bankers tongue my anus
>>61072517>>61072568peace in the middle east... what a joke...deport all muslims before its too late
Me staring at these 20 oz First Mint bars until they're below 1000 dollars a piece.Then, I slurp.
hard to believe I took this picture nearly 10 years ago
>>61072603Backwarddation backwarddation backwarddationNo idea when, but look at 2023 and the LME nickel short squeeze. We are navigating interesting times. Physical is supremeTake delivery before it's unobtainable.
>>61072517so much for that>>>/pol/518475035
>>61072678oh and here if anyone was curious about the gains
>>61072703That -is- good to know
>>61072703That's kinda cool that they have that view. I've never looked at mine. Might have to go do that right now.
>>61072678yummy
Reminder, you hold more physical silver than the digital/paper shit that they "own"
>>61072625The dumps don't even last a day anymore. They were fighting retail before, now they're fighting BRICS central banks.
Wtf happened while I was asleep?
>>61072782it was 50. now its not.
Was feeling antisemetic, so I picked up 20oz of silver today. I figure waiting for a pullback is a pascal's wager when the normgroids could start to frenzy any day now.
>>61072782It's not "what", it's "who"
>>61072572poomp eet
>>61072795*whomst've
>>61072782Banks shorting silver to try and keep prices down, it'll be below 50 for a day at most unless they can afford to push it back down every single day for weeks on end.
>>61072794check reddit finance to see if goy cattle picked up the idea of going into pms, it's a good normie indicator
>>61072739>tfw i only have 9 silver
>new silver athYou know what this means? The boomer era is OFFICIALLY OVER.
how does he do it
>>61072876truetoday is historic, frenscelebrate and feast
>>61072782Individuals wearing tiny hats cried out in pain as they desperately tried to bury the truth underneath a mountain of paper lies.
I lost a lot of money today mining bros. I’m sad.
>>61072897they had to pull out the Cramer-tamp mechanism but it’s not going to last, Cramer cannot defeat God’s money
>>61072936Just hodl. The fundamentals haven't changed.
>>61072936pull backs have happened befor, this wont be the last one
>>61072848It's fine. Your pay will become silver as stackers rebuild the economy.
I came in here about 9 months ago, bitter and annoyed because my 500oz of silver was basically worth exactly the same as I'd paid in 2021.Some lads here got mad at me and accused me of fud, shilling, the whole lot. I was honestly fucking heartbroken and felt conned by my investments in boomer rocks. Felt bad for anyone just getting started who was gonna throw all their cash into the same hole I did.I'm no longer feeling that way, it took a while to start feeling worthwhile but I'm loving every laff now, boys.
Talked to my LCS today and he was saying there's 10 sellers for every 1 buyer and doesn't know why the price is going up
price feels and acts very similar to when it broke through 30$; initially people were convinced this was the new paradigm but it made a pullback. Once it broke 30 again though it kept soaring.
Just woke up, so we hit 51 then went back down? If so I'mma celebrate today and drink a little.
>>61073007>he thinks the tiny amount of physical at his coin shop is going to compensate for 3 billion chinese and indians trying to find something new to invest in after chinese real estate collapsed.
>>61073007>be normie>ass raped by inflation>hear that silver is going up>remember you inherited some coin collection or whatever>sell it all for melt to make so your car doesn't get repoedIt's sad, but the reality is that makin it isn't just about buying shinies, but it's about looking ahead and consistently making good choices so you can afford to buy shinies so you can make it. As an aside, this is basically why everyone itt says not to take out a loan to buy shinies.
>>61073022I don't think that's what he was thinking, more just shocked b/c he didn't know who was buying. Love the guy though b/c he gave me a $0.25 premium on the oz I bought today
>>61073030taking out a loan to buy shinies would be retarded from the start
>>61073007>>61073030Making it means reaching a point where you don't even have to consider selling any part of your stack for any reason. Moreover, making it means your stack always grows.If you have a stack that you have to regularly dip into or entirely liquidate, you have not made it. That we can be sure of.
>>61073045Well yeah. What I mean is that if you have to borrow to stack, you can't afford to stack, and you need to fix whatever it is about your situation that is keeping you from being able to stack.
>>61073049The guys that got it at $9 an oz im sure want to take some profits to get something fun and hope it goes back down I'd imagine
>>61072876but rocks are the most boomer thing there can be
>>61071754Does the areola size effect the firmness of a nipple? I like a long, hard nipple and I'm just not sure I am willing to sacrifice that for big eggy areola. Strictly, from a lense of precious metals.
>>61073069I wish that were true d e s u. I've been trying to convince the boomers in my family to buy any, ANY gold, and all I get is the fluoride stare.
>>61073069>the most boomer thing there can befunny really of you think about it for a second, the proto boomers were the ones who abandoned the gold standard in the first place. actual boomers never cared about pms. my boomer coworker who is about to retire said 'I' ll buy gold once the market crashes, then it will be the cheapest' another coworker has a dad who retired and he has about 50k in savings, he could've bought one kg of gold some years ago and gifted this him as untaxed inheritance. lol boomers
Silver is finished
>>61073110
so what do i do now lads?just sit on silver?
>>61073110nope
wait...why dont we just steal a stack
I was able to convince my brother to buy gold only to hear that he bought $11,000 worth of GLDM or Gold MiniShares Trust. WTF do I tell him?
>>61073045i bought a tube of ASEs for $45ea on a 0% interest credit card (for one year). so far it's workin out fine
brainlet here, can anyone translate wtf this means?
>>61073146What in the fuck is Gold MiniShares? Sounds like a Jewish scam.
>>61073151
>>61073151The short and simple version is that Jews are running out of road for the ponzi scheme named Keynes
>>61073138You buckle up and enjoy the ride. Larp like a crypto moonbro if you want.
>>61073146Tell him the truth, that the point of owning pms is to own wealth outside the system and if he keeps holding paper gold, he's a goddamn retard and he's going to get sodomized.
>>61073170
>>61073138The event headed our way is the devaluation in the purchasing power of bank credit. I am personally watching the bond market, the price of gold and the trade deficit and interest rates. Something material needs to change before I even consider selling an ounce. It's like taking off your seatbelt while you car is still moving. So long as we are all working and buying our needs with dollary doos then everything is fine. It's when the price runs away that you jump from the pan into the fire.
>>61073191how do i profit from this
Somewhere out there is a retard who actually uses their credit card to buy PMs online instead of an ACH transfer.
>>61073141Nigger
>>61073203well saidwe have no idea how high silver and gold can go, not until "the crash" happens.
>>61073222Trips of truth
>>61073211>Somewhere out there is a retard who actually uses their credit card to buy PMs online instead of an ACH transferYeah.
>>61072848I used to work at a cheese factory and would take home bags of cheese curds every few days. I started swinging by the pawn shop on the way home and giving them a couple bags for 7 silver dimes maybe once or twice a week. Told them how I like to fry em up, about adding them to red sauce pastas, all that. They couldn't get enough! I don't remember how much I stacked from that alone. And when I was in a different factory I skipped lunches because the fumes would make you puke anyway, so that was another 5$ a day I saved and dropped on silver. Point is, I'm sure there is something you have access to that somebody would love to trade silver for! Get creative! I'm sure you could hit 25 by the end of the year even if cash is tight!
>>61073211it's me :(but I pay the balance immediately with points so it's like getting a bit of a discount anyway. Plus having 0% apr is quite nice for the time being
>>61073007Smart money is buying (institutions and government) dumb money is selling (retail) for a new bathroom remodel.Because they can't read this chart.
>ordered silber from monument last month>still hasnt shippedI swear they better not cancel my shit and tell me I can rebuy at a higher price.
>>61073271Did you order something unusual?
>>61073271I know the feel, my silver was stolen by USPS and they're still investigating. Probably going to run out of the coins I ordered.
>>61073260yeah you have to factor in pointsplus with CC you get the metals much quicker, which can sometimes matter
>>61072848I'd give u a couple if you a cute boy
>>61073266classic cup and handle.
the problem with all these twitter posters is that they post their theories as if theyre facts. no one ever says "this is what i think is happening", they say "this is whats happening and why it happened."charlatans
>>61073290it's implied that everyone is just giving their opinion. nobody on twitter is a divine oracle. get over it
>>61073274just eagles
VAT on gold and silver is pissing me OFF
>>61073318you might have bought them as a preorder without noticing. happened to me before
>>61073138strap in, its going to be fun
>>61073306no, these people really think they know the exact causes for market movements and people in this very thread are posting them as if they think they are some kind of oracle.
>>61073346But it's not financial advises
EVERYTHING is out of stock
>>61073151Its called backwarddation and nobody is talking about the implications
>>61073383What are the implications?
>>61073211Imagine the folks doing ahc for limited mintage orders where you don't get a discount.
>>61073260I do that as well, but every single one of my bills goes through my CC and I pay it off each month, then use the reward points to buy... more silver and gold.
>>61073151Basically normies are waking up. What's happening now is called a credit squeeze.All of these people trading fake paper silver futures on COMEX got margin called, and because everybody knows the physical supply, like at LBMA, is maybe 1% of what these paper silver people are trading, nobody is willing to give them credit to cover their position, so they're being forced to sell their paper shit for nothing, making the price drop, and now everybody who actually owns silver is not selling, because why the fuck would you?
>>610734242/2and therefore because people obviously want to buy but nobody wants to sell for anywhere near this price, the price is going to skyrocket to what it's supposed to be, which is in the hundreds, until the market stabilizes.
>>61073146tell him he's a moron for thinking that that is "buying gold"
uh oh
>>61073383nice cat
>>61073434>>61073424>>61073151Basically Gamestop all over again. potentially.
>>61072848Believe in yourself anon, I started stacking silver (had a small amount of gold from earlier) just 2 weeks ago and Im aiming for a Judas stack (30 coins) this year, Im sure you can scrap together some savings or extra money to doomp into a little stack
>>61072513Maybe 2 weeks. Tops
>>61073424>>61073434this is CRAZY, manmaybe i'm a normie too, but i feel like i'm tripping right now, all the people i thought were schizoposting suddenly sound reasonable
>>61073471forgot to add, pic rel
>>61073369In the UK I guess. Plenty of US shops have stock
>>61073069yeah that's a myth broboomers are all about stocks and real estatevery few are into rocks
>>61072782You had a wet dream and dumped the market asshole. Gotta retain that magic juice if you want good things to happen.
>>61073391You could wake up one day and silver is instantly $200 usd. No joke. It will get a rerate at this pointWhen is the question. It's a ticking time bomb.
>>61072794Pmg is missing out on platinum. Outperforming all PM's this year, only comes from Russia. Must have if you got a stack of silver and gold.
>>61073461So where are we on this graph?
>>61072848Comparison is the thief of joy, if you compare to those above you. Look down anon, 99% of the world has none. You've won. 9 is enough to make it if you wait pay off some boomers tax liability after dedollarozation.
>>61073493yeah......but what nobody says is this wont happen in our lifetime.
>>61073499were are probably still fucking about in the 2020 area.
>>61073495>Pmg is missing out on platinum.Rather have silver.Sorry not sorry.
>>61073069>but rocks are the most boomer thing there can beI wish. If boomers bought PMs we'd have true price discovery. They have the physical means but are too stupid and brainwashed to understand whats happening.
>>61073045How do you think the rich get rich anon? Fiat is debt. Any debt you accumulate to acquire assets is acceptable when Fiat is falling.
>>61073495>Pmg is missing out on platinumI'm not>Outperforming all PM's this year,Yes>only comes from Russia No. South Africa mines the most, then Russia then some other African country then Canada. It's not exclusive to one country but the supply lines are tight. >Must have if you got a stack of silver and gold. I agree.
>>61073424Best explanation.
>>61073510Historically backwarddation, when it happens only lasts a few weeks, a couple months at most. There are a few examples in our lives you can look up. It will happen sooner than you think.
>>61073424yeah....anyway im going to buy more sardines and beans
>>61073547What will happen?
>>61073321Wait, you have vat on gold? Even the bongs don't do that. Holy fuck commie bro. Where are you?
>>61073495Been dying to get just an ounce as its hung around £750/$1000 for so longThe moment my finances have allowed for it, this skyrocket has just happened
>>61073515If it's either or, of fucking course, but if you got 20-30 lbs of silver and a few oz of gold already and extra capital, you would be doing better in the plat group this year than silver and gold. Platinum group is hedging against /biz/ because it outperforms so long as globohomo manageable to keep on ticking. Get you stack of silver and gold, you will make it. If you have a make it, get your platinums. Then you get to enjoy making it.
>>61073495should i get more platinum or palladium?
Post your face when incel rock collectors can't hold $4k or $50. Top kek.
>>61073576do they have pay day loan stores over there?
>>61073585platinumget the horse
>>61073534>No. South Africa mines the most, then Russia then some other African country then Canada. It's not exclusive to one country but the supply lines are tight.I got a graph somewhere. I think it's over 90% between Russia and South Africa and the rest is spread elsewhere. Might be in the pic I put in that post but you're right for pointing it out. My hyperbole was that it's main production is not in the hands of western allies.
>>61073151Basically traders got absolutely rekt today because ppl are asking for physical and all they got was paper saying "yet to be mined ;)".Today we've witnessed absolutely wild shit, borrow rates spiked at over 12% (average being 0.5%) and the backwardation spread between futes and spot reached $7 at one point (usual spread is more like 10-20c).I know i may speak chinese to you rn, but all you have to remember is today was historical, paper silver shorts lost billions USD. And they aren't very happy about it.
>>61073576Palladium is cheaper by a bit, and has even more upside potential, but that's a pure bet industry will continue to advance. Platinum is huge in medical so as long as there is old people platinum is needed, plus it's alloys are insane. Not sure the use case for palladium. And bros want to info dump?
>>61073392Interesting
Lease rate to borrow physical silver is exploding
pressburg mint have started doing those 3d printed articulated dragons you see kids playing with, 300g silver
>>61073584I posted the link to the visual capitalist a few threads ago. It's over ten years old so the data has probably changed when it comes to producers. South Africa is number one producing six times as much as Russia last I checked. The west does consider it a critical mineral and that's why I hold some.
LBMA is NGMI
>>61073603And this spread is sending a very telling message to the wall street casino :>we do not value physical silver and paper silver the same anymore, $1 in physical silver is now worth more than $1 in IOUsThat may be obvious to us, but to the markets it's an entirely new thing, a very dangerous thing when you have a 1:400 phys./IOUs ratio being traded in the casino.
>>61072264Yes when I travelled to east Germany I loved it. I met AfD members and I made racist jokes with them it was great.
>>61073569Rerate overnight. Dynamite go boom.
>>61073616LME is FUCKED. Word must have gotten out about their pitiful supply of free float and they've been getting ransacked.
>>61073616If this stay like this for even few more days they will be forced to generate a second spot price for derivatives because the decoupling gap is about to widen like crazy. We're about to witness a current spot for phys. going up while futes spot will crash into nothingness.That's an extremely dangerous situation we are in. Nothing comparable ever happened to this level. That's basically all our schitzo talsk from 2020 squeeze manifesting into reality.Spoopy shit.
Premium's too expensive.Junk mostly selling at spot.i guess i have to switch to old jewellry now to find cheapies. Can't wait to annoy grandma's at fleamarkets by putting all their stuff on scales and calculating on my phone before not buying their stuff.
>>61073603>12% lease ratesPeople have to understand how catastrophic this is. If the bullion Arbitrageurs can’t pocket a positive spread the entire lease market seizes up. I’m not sure how important silver backwardation is on a system level. It’s gold backwardation that we really need to look for, there can be no shortage of physical gold so backwardation would imply a “no bid” on dollars. https://www.monetary-metals.com/insights/articles/when-gold-backwardation-becomes-permanent/
>>61073661I'm ready. Are you?
>>61073661We already have a second spot. It's called the Shanghai Metals Market, and they've already been setting the real price. The western spot is just an echo of that now.
>>61071682Sup boomers, do you guys think theres in future market in collection gemstones? And if so which ones?
>>61073148I just did that with an amex card to get the free points. actually had to pay it though
>>61073576Sorry fren, as you can see from picrel. Someone doesn't like. People talking about platinum here. Picrel was an explanation for both. Kept getting flagged as spam.
>>61073616>26.7%Sweet baby Jesus. Some real shit is about to break.>>61073661> That's an extremely dangerous situation we are in. Nothing comparable ever happened to this level. >That's basically all our schitzo talsk from 2020 squeeze manifesting into reality.
>>61073616Why the fuck would someone need to borrow or lease silver?
>>61073691>precious metal general>gold and silver at ATH>talks about gemstonesHello new fren. Pls leave
>>61073585If you have none, platinum is safer. Palladium has high upside potential. Sorry, as you can see from early Jannies don't want me explaining platinum here.
>>61073635I think we are to a point we might see the implosion of the LBMA in the coming weeks. That'd be the last vestige of emporium Britannica still in existence today vanishing. The kind of message China would love to send to the jewish european aristocracy : >you lost it all, even your last bastion of PMs price fixing you held for the past 150 years
>>61071700I bought some today just for the sake of memories.I should've gotten a commemorative round or coin or something.Still, I can say I bought at the ATH.Which is cool.
>>61073434>the price is going to skyrocket to what it's supposed to be, which is in the hundredsexcept its not though
>>61073634Fortunately we live in a post-information scarcity era. Otherwise running face to face with the guy I stole this info from would be awkward.
>>61073701It's for fools to play paper games. If I short silver, and the short goes bad and I don't have any silver, I need to lease some ASAP and deliver the short at a loss.
>>61073646>made racist jokes against Jews in GermanyAnon, I'm pretty sure it's in the new German charter that the German people sole purpose is for the continued existence of the Jews. You didn't do this.
>>61073495When the dollar collapses, nobody will be able to afford new cars, so Platinum will be quite cheap then. I'll probably trade some of my Silver for Platinum then, but buying now seems unwise.
Got this at a local coin shop today. A funny 900. jew medallion, and a Jamaican proof set with a sterling coin and a .500 silver coin. All for melt value, 2 and a half ounces ASW for $124. The Jamaican coins all have boobs on the reverse!The medallion doesn't have reeded edges, kek.
>>61073671Yeah that's completely nuts i can only imagine the absolute zoo it must be in PM trading desks of major banks all around the world.It's kinda a financial coup d'état we are witnessing live. Very exciting times, i wouldn't wish to be anywhere else, grab the popcorn fren because we are about to see some fireworks!
>>61073724Holy shit thats so fucking retarded. Wow, ok so someone bet silver and lost. Usually they could borrow some at close to spot to cover their ass but now its really fkn expensive.Hahah I hope that means theres no silver to lend.
>>61073547name just one example, and show the chart to go with it (you cant)
>>61073701When you short you borrow stonks from someone and sell them hoping you can buy them back for cheaper later, and if it works out then you pocket the difference.Banks can manipulate prices lower by shorting alot, but the longer they keep on doing it the more expensive it becomes as less stonks are available to be borrowed.
>>61073707I imagine they see it as a very poetic payback for the opium wars that the Jews orchestrated to drain silver from the east and now they are draining the west causing the collapse of the Jewish system
>>61073735>The Jamaican coins all have boobs on the reverse!SHOW US THE BOOBIES!
>>61073701It’s not just for the paper ponzi. Industrial or jewelry users need to source metal, but don’t necessarily want to pay vaulting fees to store it. They utilize the bullion banks to get the physical on demand, the bullion banks grease the wheels of this system and play a paper leasing game as they do it. It actually serves a legitimate purpose in the pm market, if it weren’t for the fact that every ounce is pledged to multiple owners at any given time.
>>61073701The message is that real deal physical silver is much rarer than normies have believed it is up to this point. Everything is going exactly as has been predicted for years. Any business dealing with real silver for any reason whatsoever, cannot get their hands on any, and the ones who can are paying legitimately insane interest rates for the privilege.
>>61073746London is basically out of silver. The US is not. And China is still accumulating. I think once London is forced to admit default, the US might just put a freeze on its supply of silver and hoard it for critical applications. There will be no more buying silver in or from the US and silver will become a bizarre gray market for Americans.
so, should I buy even more?
>>61073479>thinks schizoposting isnt esoteric wisdomanon i...you at least started stacking right?RIGHT?
London going bust on silver might really be the firing shot of the collapse of the fucking western economic system.
its never passing 50 again is it
>>61073616>twenty six (26) percent lease ratekektop It’s cooked, chopped and unc
>>61073772you're right, you should sell all your silver. to me.
They will call you hoarder, and blame the wreckage on silver stackers. We will go from haha what a fucking stupid crackpot to "You broke the fucking world, this is all your fault."
>>61073616I mentioned the lease rate to my local dealer and he fluorided. Even people in the industry are going to be shocked by what's coming.
>>61073754That's exactly what i was thinking too. We know chinks love to plan their vengeances on absurdly long timeframes, even longer than jews, and what we are witnessing is the debut of the grand finale. Jews are getting financially lolocausted for having stolen all the chinese silber 180 years ago.
why am i STILL debating buying silver?Is it cuz i like looking at big number in my account?If i buy it i will most def lose money to VAT and never profit>Inb4 u dont buy for the profitnothing ever happens doe
>>61073765a little bit, i bought 50oz of physical silver in total over the first half of the year+ about the same amount in ISLN (which is an ETC that tracks the spot price, not futures)
>>61073780I hate normies so much it's unreal.
just sold 30ozs
>>61073788Your tiny brain doesn't seems to grasp what is at stake rn, go back playing with your marbles with the kids.
31 grains of sterling silver, the smallest individual purchase amount of my life, paid less than 50% spot.Was a sort of shirt cuff stud or similar
>/pmg/ traffic cranksplease go back to /pol/ if you don't have any PMs
>>61073806i dont but my instincts say to act
we're back, niggers
>>61073780This is my biggest fear after seeing Covid cattle reactions. End up sitting on a giant fucking hoard of unspendable wealth because the normies will rip you apart if they find out about it because the media told them you personally sent their boomershit stocks and real estate to zero by hodling coins.
>>61073780>thinking about what retards thinkjust hold bullets and tell people to fuck off
>>61073823I think that could be the western sentiment. Asia is much more socially accepting of gold and silver.
>>61073780>We will go from haha what a fucking stupid crackpot to "You broke the fucking world, this is all your fault."just OG'd this for (you)
this is going to be a good series. is ufo fren still around?
>>61073749I already mentioned one if you had enough cells to read the thread but here I'll spoon feed since you're a little slow.Palladium short squeeze backwarddation in late 90s early 2000LME Nickel CrisisTin crisis in 85? I think it was.Uranium prices in 06 was because of backwarddation as well.I'm sure there are more but those are examples I remember and could reference off the top of my head. I can lead a retarded horse to the water but I can't make you drink. Go and look up the charts and research the subject more to see I'm right :)
>>61073834don't you 'member? He had to sell all his ayyy collection to cover some bills. Out of shame he never came back (not as ufoanon at least, maybe he's still lurking around).
>>61073840yep, just as i thought. couldnt post a chart.
>Leave for work ready to cry because I'm now priced out at 50>Come home>Priced back inWtf, we are so back stack-sisters. Hopefully this isn't the little dip that happens before every major parabolic move.
>>61073755Those are the boobies, bro.But here's a better photo from NGC
>>61073823Narratives like that will come to late anon, I wouldn’t worry too much about it. If the powers that be were to come out and say “the dollar and all its infrastructure are dead because of those people that bought gold/silver” that’s the end, it’s the admission that gold and silver are money and by definition dollars are not. Total financial disintegration follows. They would give up any shred of legitimacy in that moment and then it doesn’t really matter why they say or do because their world is ended and they are probably getting lynched in the streets. But to be safe, don’t go bragging.
i keep giggling as it pumps
>>61073843i definitely remember him having to sell. i was just hoping he was still around posting.
>>61073844Just as I thought. Retarded horse is thirsty and asking for water standing in front of the water hole. Lol lmao even
>>61073701they gotta cover shortsif they don't they are in defaultthe whole thing unwinds
>>61073861shares' lenders are printing $$$ rn
>>61073846>anon post>spot immediately goes back up above $50thank you curse-sama
>>61073616>26 percent loanIt's only 26% though desu like that's only like a high-interest credit card loan that on average any industry and jeweler and banker will now have to take out and put on a historically high asset.The poors are given high-interest credit cards so why can't the rich be?
>>61073788>VATmy condolencesi wont tell you to put all your monopoly money into silver and gold, but drop a decent chunk and if need be keep a windfall of your fiat so you dont have to sell your stack if something happens in the near term. thats very basic advice but at the end of the day the pm's arent just for number go up, its to keep the value of whatever you've earned over the course of your fiat inflating/collapsing. the money that sits in an account may be a big number but so it is for any groid in zimbabwe.>>61073791>50ozwelcome to the schizo clubi dont really have much to say on etc other than your cash there is in the hands of Sneed and Co. so just make sure to rotate into physical once you've made your gains. If anything happens that causes silver to be a gray market like >>61073763 speculates could happen, and i dont think itd be all that out there, theres no real telling what'll happen to that investment and even if you'd be able to cash out in that case silver will be harder to buy and more expensive.
>>61073870yeahi got no sympathy for the paper silver traders when this all explodes, they've been stealing gains for years
>>61073851Oh sorry lol I'm dumb and just needed to zoom in.
HOW MUCH USD DO I NEED?
Fellow chuds, I bought a nice stack ages ago but I still feel like this time is different and it's only just started breaking outHaven't seen fuck all media coverage either
>>61073823the real question is how many are willing to listen to the media outlets now, they had more leeway because medicine is harder for normalfags to understand than rocket science and very few alternative outlets to information on the subject exist. thats not really the case with finance and economics, theres all manner of channels that discuss the subject that can and will give significant pushback to an msm narrative trying to pin the blame on stackers. im not even sure the msm narrative of using one of the major banks as a sacrifice for the next pop will even hold up under public scrutiny. enough normalfags have become at least that skeptical to msm
>>61073879It goes deeper than that. It implies a shortage. Delivery panic is setting in. Paper and physical are severely diverging. Massive backwarddation is brewing. A 26% silver lease rate is a screaming signal that the silver market is under severe strain. It’s rare, it’s unsustainable, and it usually doesn’t end quietly
>>61073853>don’t go braggingsolid advice even if they didnt go with that narrative
When taking inventory, do you count ALL of your silver as part of your stack? Or do you separate between "expendables" ("Junk" silver, generic bullion bars, bullion coins) and "keeps" (historical items, proof sets, sentimental keepsakes)I need to take inventory of my collection and I'm trying to figure this out.
>>61073882no sympathy indeed, but they do have my thanks for all the cheapies>>61073927>Haven't seen fuck all media coverage eitherthats how you know its bad for them- >>61073934
>>61073939When you measure you dick do you start halfway down, or do you hook the tape measure collet into your asshole like a normal person and get the true footage?
>>61073939Keep it separated into "low, medium, high" categories and also don't count it in high if you have 2 of it, because you could hypothetically sell 1 and keep one.Granted I don't believe in "taking inventory" bullshit, that's how you end up selling like a retard.
>>61073939i'd say dont count anything you wouldnt part with at any price, assuming you have a piece like that
>>61073950I measure 7" from the bottom of my hairy hair to the tippy top of my head. What's this measuring from your butt stuff?
>>61073953But if I don't take inventory, how will I know where I place on the funny stacker tier list images?>>61073950Actually a fitting analogy, because part of it can maybe go to someone else, the other part is mine alone no touchy.
>>61073962>How will I know where I place?Lowball, make up a number, guestimate>But I've stacked over 5 years!Taking inventory lets the CIA read your mind and find your stack. Never take inventory.
>>61073979You're right. Guess I really only have the 2 and a half ounces in the picture, plus a silver dime I found in a coinstar once. It's over for me bros....
This is all getting kinda spooky
>>61073994which part?
>>61073994It's that time of year.
>>61071682>tfw i doubled my money on silver because some silly image board people told me about it a few years ago and I just remembered lmao, 4,000 isn't much but it's literally free. should have hoarded more when I was lurking here
is this a technical glitch or did something get (((shut down)))? the volume is 1/4 of the norm at this time
>>61074026How close paper silver is to collapsing. I can't imagine it will be isolated in effect and would definitely hurt the entire system
>>61074041well, your 100 ounces or whatever hasn't changed... the dollar has inflated away. Actually that happened a long time ago and we're finally seeing the silver suppression start to chip away, long way to go to fair value.
>>61074027it is spooky month isn't it
>>61073045I did this back when silver was $25/oz and I've fully paid off the 0% credit card. Would not recommend. Considering doing it again though...>>61073584Pt is a small part of my stack, but when you post the same thing in every thread, it makes me think you are a shill to distract from this generational run.
>>61074061dont care + didnt ask + big number go brrrrrrrr
thinking of rounding up my silver, then maybe getting platinum, actually
>>61074089I've got a gram of platinum, it's a cute little thing. But I can't justify platinum's premiums, they want the same extra money something like a proof would cost. I mean I get that Platinum is a lot more complex to refine, but sheesh you'd think that would factor into the spot value.
>>61074089>moving my wheelbarrow of cash to buy half an ounce of sterling in the neo Weimar republic>>61074103I like it because it doesn't tarnish (I think), so it's basically like silver but better. also I need it to build my wife in the coming cyberpunk dystopia
>>61073616
I was so fucking close to 500 Oz you bloody bastard bitch bankers now I can only afford 2 Oz a month son of bitches
>>61074112>silver, but betterNo such thing. Both are great metals for different reasons. Silver is the shiniest and the most conductive metal. Almost anything electronic with any degree of sophistication uses a little silver. Platinum is extremely resilient against corrosion and heat, the stuff is like real-life Mithril.
this is going to end up being way too much to actually buy, but it still looks so good
who is fucking with the price of silver? how are they able to force it under 50 in real time?
Posted earlier today by the "representative director of the Japan Precious Metals Market Association" Bruce Ikemizu:>While I'm sleeping, Silver lease rates exploded, almost 40% for 1 month! Very deep discount in forward rates. I have never seen rates like this in silver at least last 39 years...https://x.com/BruceIkeGold/status/1976355728714760371
>>61074137I'm thinking today we saw the Exchange Stabilization Fund in action.
WHY THE FUCK ARE EXCHANGES STILL NOT BUYING RUBLES? HOLY FUCK
and what will normies FOMOing into gold mean for the price?
>>61074157Are you speculating on rubles?
>>61072032this was me back in july when gold was at $3350 now look at things
>>61074183Imagine just digging it out of the ground for free lol
>>61074180I am trying to get out of Rubles but, all these fuckin cocksuckers aren't buying because of muh "full scale invasion" etc etc
>>61074191lmaoWere you?
>>61073780>"You broke the fucking world, this is all your fault."Yes.
>>61074197Yes
>>61074207Since when?
>>610742102020
It was already broken, was time for a change of scenery
sup fags, im backrafi the jew says that metals will dip when we have another repocalypse. he literally said two more weeks. im not sure if hes being facetious or not. glad i waited out this spike tho. kinda waiting on another pullback. i fomod two more oz at like 34-35 so i guess im glad i did that. shits getting expensive. add two more ozs to the pic, btw. should i fomo some more, or what? do you think the dxy rising will cause a liquidity shortage? that seems to be happening pretty quick, and apparently unexpectedly.
https://www.ebay.com/itm/257149181682 buy my silver
>>61074246ngl i would fist fight you for that stack if you were in the same room and honoured the terms
>>61074252bold.i sold some silver on ebay circa 2014? all went fine except for some nigger that claimed he never got a 5 oz bar. i foolishly didnt enter the tracking number into ebays system, and didnt keep the tracking number after it was delivered. Luckily, i withdrew the monies before paypal got a hold of it. But i was banned i guess from ebay and paypal for like 7? years. Learnt my lesson that time. i have a new paypal/ebay account now, but i will NEVER sell on there again, no matter what it was. >>61074266what would you put up tho?
I recently bought some 90% morgans and peace dollars and they just feel so much nicer to hold and have vs generic rounds or even like, ASEs/maples/etc. Is it stupid to stack these? I dont know how liquid they will be in 10-15 years when it comes time to sell them off, being 90%
I'm touching my silver with my bare hands
>>61074277my own I guess, and our honour. If you're not confident in your ability thats fine too tho....
>>61074277im putting insurance on the packages incase a nigger does that
>>61074246>says that metals will dip when we have another repocalypse. he literally said two more weeks. im not sure if hes being facetious or not. glad i waited out this spike tho. kinda waiting on another pullbackGood. More time to stack.>>61074280>know how liquid they will be in 10-15 yearsSilver is silver.
>>61074280i would stack them for funsies, but the premiums dont really translate too much when you sell. thyre liquid as heck>>61074287i showed you mine, now show me yours>>61074288ebay will always side with the buyer.
>>61074298I was hearing that some places only pay 90% for 90%, so it seems like you'd be eating the loss of the premium AND the 10% when you sell. Sucks but they're just so much more pleasing to my coin autism.
>>61074246> rafi the jew says that metals will dip when we have another repocalypseAnything that causes a short squeeze on dollars will suck capital out of everything as everyone lurches of cash. Metals will as well but will turn once the helecopter money starts up. Can’t really time things like this so just keep DCAing, and keep some dry powder around for opportunity.
>>61074280> just feel so much nicer to hold and have vs generic rounds or even like, ASEs/maples/etcThat’s what real money feels like. Embrace it. I paid 110% spot for a AU Morgan today. No ragrets.
>>61074298I'll get it out at some point and post my wife so you know
New thread>>61074309>>61074309>>61074309
>>61074302i have like 2 years of mortgage payments put back. really tempting to go full retard tho. im looking for a 2019 repocalyse type scenario for everything to dip>>61074301i keep buying the new repops, have the whole set, so i know the feeling
>>61073203based and justgettingstartedpilled
>>61074175Price go up
>>61073138R̸̢̰̃͂ẹ̶̢̉j̵̈́̾ǒ̵̞̂i̸͗ͅc̵̭̊e̶̞͗͝ ̵͖̪s̷͠ͅt̴̗̽a̵͍͝c̸͉̥̈k̷̀͜e̸̪̕r̶̶̴̶͕͉̮͇̘̘̞̆̌̑̽̈̉T̵͇̐̿ȟ̸͖̤̑i̴̛ş̵̨̔ ̷͖̪̋ï̶͜s̵̟̓͠ ̴͍̥̃j̶͓͐͘ù̴͚͑ş̷̭͒̕t̶̽ ̸̦͝t̴͓̮͐̓h̴͈̃e̴̞͛ ̷̏͠b̷̛̻̫e̵̛͎͈͑g̵͓̀í̷͖n̴̠͓̓̔n̶͍͉͊̔ĩ̵͓̈́n̵̘̓g̷̱͕̚
>>61071682>Sit tight and be right edition >Higher highs, higher lows >It's amazing watching the floor fly.
>>61071989>Where are the treasure chest chad of /pmg/
>>61073939i've got about 200 oz of silver and 15oz of gold, but i didnt document how much i paid. all i remember is i never bought gold when it was above $2200/oz, and silver above $24oz. i should really go back through my emails and check the receipts.
>>61073732>Platinum for carsYoure ngmi. My platinum is outperforming your gold and silver.
>>61073777Checked
New Thread:Calm Before The Storm Edition>>61074929>>61074929>>61074929>>61074929
>>61074318REAL new thread:>>61074309>>61074309>>61074309
>>61074070>post the same thing in every threadAre you new here? PMG is the same shit over and over. What kind of bullshit excuse is that to dissuade conversation. Seriously, there is a very small group on pmg that absolutely despise people talking about platinum group, why is that?
