Gold Chads are winningSilver Chads are winningSilver tampers are losing their asses every morning, and now our mortal enemy, Big jew, has made the call to shut down the silver market. So what can you, the frenly stacker, do to protect your Silver penis from financial Mitzvah P'Beh? You deal among other frens, of course. Have a pint and wait for all this to blow over.>what is the silver squeeze, and why are they doing it?In today's context, I'd like to discuss the refusal of many refiners to accept silver scrap, and large swaths of .999 fine silver, what it means, and what you the stacker can do.There are three main reasons why this might be happening>a scheme to suppress prices>a scheme to limit silver outflows from the USA>a legitimate production bottleneckThese are not mutually exclusive reasons either, it could be a bit of all of them, so that there is still scrap to refine when the price hits $60 or $200, or whatever number you dream about.I'm going to rant in pasta form now, and I may never stop.This market manipulation began on Friday night, was announced over the weekend and into Monday morning. The largest refiners in the USA, declared that they had reached "refining capacity", and could not refine any more silver scrap, and therefore would not accept any more impure silver dore` until further notice. This news spread from top refiners down to localized regional refiners and smelters, before being passed along to pawnbrokers, and your LCS, who were in many cases left without recourse.I read about it over the weekend on a /pmg/, and confirmed it Monday while at my refiner.HOWEVER, some smaller refiners and dealers are still accepting silver scrap, and do still buy 90% coins and so on. Because they cannot wholesale it out, currently, they are lowering their bids for most silver. Expect to be low balled on scrap, whether they'll do better on 90% coins, much like a Glass Front Mortuary; >remains to be seen
what will you do when the use government will inevitably come to seize your little stack?
>>61132230>are the refiners just lying and conspiring?Probably, this has something to do with common greed, but it is definitely a conspiracy, because it requires coordination and collusion. The top refiners, like most businesses, operate on a rotating line of credit, and were likely told/threatened by the banks to stop silver refining from smaller dealers to freeze out the smaller buyers from cashing up, while the same creditor banks instruct and fund their paper hangers to continue shorting the shanghai market. That's theory, but it would make sense.The only way the banks are going to let the price of silver and gold crash, ultimately, is after they've passed the bag to retail, but with the surge in demand of late, and the ideological makeup of retail, they have to make sure that none of the bag holders can pass the bag. If this is the plan, then the point would be for physical stackers, dealers, and other low level players to be unable to offload, and/or made despondent while the banks figure out how to deal with the price, and avert their own defaults, and liability. Alternately they would be planning to freeze out all small traders and let the market decline with most small physical holders being unable to offload their material until the bottom. Ironically, the freeze out of supply would actually accelerate the likelihood of a COMEX or LBMA default, by starving them of the supply they need to make Good Delivery Bars.There are other possibilities too, such as that the refineries, or banks or whoever, are foreseeing a massive deficit in silver supplies, and want to stop the scrap from flowing out of the country for a while from a strategic stockpile viewpoint. Most of the silver and gold being refined into bars is currently shipped out of the country, and has been for many years. The strategy could be to forcibly park the silver in the domestic USA for several months or years, by essentially banning it's export by banning it's initial purchase.
>>61132230hey nigger why are bizbros fudding me on my 100oz barsi have more than ten. are they just jelly?
>>61132254>can smaller refiners buy scrap and purify it?That's tricky, and very expensive. Most of the silver can be refined, but the electricity costs and legal red tape of a new refinery make it prohibitive. It would take years to start a new refinery. They'd need months or years to expand their operation to add capacity, and if they are not in the trade, they need months or years to get in, and that means they'll need bank financing, because no one has the money needed to start now, at least $100 million to have an efficient silver refinery, and the bankroll to buy sufficient quantities of material over a long enough timeline to make it an efficient investment.Melting silverware and jewelry takes minutes, but recasting and purifying, via electrolysis, takes days. Now add on >cost in time and dollars of buying and accumulating scrap>transportation time to have all the material consolidated in one place>holding cost of own material between purchase and purification process>time to accumulate a full production run>time to sell off a full production runAs long as everything moves efficiently, this works fine, but with record prices there could well be a glut of material to process. Large dealers will also likely have a que for who gets to sell their material first, when there are wait times, with the most important members of the tribe coming first. So by shafting the smaller dealers, they can keep themselves at the front of the line, and even push smaller dealers to dump silver at lower margins over time just to recoup some money, thus accumulating and paying for the material at no up front, or debt cost to the large refiners.The dealers and smelters will be the bigger bag holders, if the price crashes, than will most stackers, who have been buying at a better cost average over years or decades. we buy our material and push it out, so whatever we have on hand was purchased recently at recent price points.
>>61132295Smelters are still buying .999 silver,but even on those they are lowering their bids, and are further discounting their bids on aesthetically unappealing items, like heavily scrached/beat up/ tarnished small bars. ironically, the 100oz size is less of a problem, as it is seen widely, as close enough to good delivery that it still will trade between large holders. So if you gouge the eyes out of queen Elizabeth on all your Maples, you might not get a good offer. Most of the offered discount rates offered, i.e. if they used to offer 97% now they offer 94%, and so on.The strategy for smaller refineries is to buy Fine silver, and retail and wholesale it to the public and to other dealers and coin shops, to take Christmas rounds and odd weight fine tokens and recast into good delivery size, and to hold onto most of the scrap. this plan will cause them to run out of money, eventually. even small smelters can buy 1-2 million of metal a day. a few weeks of sitting on that, and you start talking about real money.the big danger, is that the same thing will be pushed by the banks on gold. fast forward a year, and your LCS won't buy scrap gold, or anything else because the refineries are all put out of business. sound unrealistic? don't be too sure. this is a foretaste of how CBDC will shut down commerce that jews dislike.>what do I do?get used to prices and policies being used to undermine your well being. get used to having to work around every policy that gets put out, because we have at most, 4 years until they unveil agenda 2030, and we saw what agenda 21 was like. you watched the world turn on a dime to accept occult facial coverings (2020 began the decade of the face, according to the jews), poisoning themselves and their families for a donut, and complete economic lockdown. so expect that again.>how do I trade with frens?first of all you need to get some frens, and not just here. IRL frens that you can rely on, and who can help you live through 2030.
>>61132260It's probably shills that fud 100 oz these days. 100oz are close enough to good delivery, that they have become more desirable in recent weeks.
>>61132251keep the survivor in what was once a sex dungeon, chained to a wall, and read them the gospel every day till its their time to go. what are you gonna do when capital gains taxes take half your stache and inflation takes the rest?>>61132254keep ranting
>61132251>fud shillprobably the same thing as you when they debank you for being bad at your job.
>>61132251PMs are literally the most difficult of all assets for government to confiscate. Bank deposits, stocks, bonds, brokerage accounts, IRAs, 401ks, cars, houses, pensions, wages, etc. all easier to get at. Essentially every asset held by any third party or registered with any government entity is easier to confiscate than PMs. So not really too worried about it. And if it were to be attempted, the first wave of agents would not enjoy the experience and plans would be changed. But thanks for your concern.
>>611322512nd Civil War. We civilians have more powerful weapons at our disposal than in the years following the Great Depression.
>>61132311what jew rate could you give me for those 100oz? LCS here wants like 4-6% on goldideally im doing a gold/silver swap or doing a real estate FSBO transaction
>>61132304a fren in need is a fren indeed.It's bad form to advocate meetups and self doxxing, and so I won't do that. however, you're going to need to work around a few bottlenecks in the coming years, and that will take frens.who your frens are, is not the issue. How much you can trust them is the issue. You need to profile your frens, in your mind, think back about when and how they've dealt with you over the years.has one of your IRL frens ever borrowed money from you? have they ever lent you money? have they ever helped you with a serious problem, or come to see you when you were sick in the hospital, or held onto something very valuable for you while you were away?these are behaviors by which you can judge the trustworthiness of a fren. hopefully you have at least one fren you can trust in matters of money, hopefully you all have a fren you can trust with your own neck.try going to a bank and withdrawing cash over a certain threshold from your own account, and you'll find there are federal forms to be dealt with. I'm not saying to literally do it, but consider it.Now lets go forward a few years, and suddenly, your ounce of silver is $135 per ounce>>61132260your ingots would be $13,500. So what do you do to cash them in? Because gas is rationed or extremely expensive, and food keeps going up 10% a week, and it's frequently unavailable, like during covid. say we've gotten into hyperinflation territory, and the buying power of your cash goes down by half every week, assuming there is still cash.who do you go to to swap a 10oz silver bar for mercs? >a frenwhat do you do when the grocery store has a line of 300 people out the door, and they've been waiting for food like it's tickets for a KPop concert? do you want to wait around in line with all that money in your pocket to see if maybe there will be food, or gas? Or would you rather go to someone who already deals in that stuff and only deals with frens?You want the fren who can help you get stuff
>>61132304>Smelters are still buying .999 silver,but even on those they are lowering their bids, and are further discounting their bids on aesthetically unappealing items,why would they care about aesthetically unappealing items if they are just going to melt it down?
>>61132465it's almost like he's just making shit up
>>61132326That's why the EU wants the asset register. To "fight money laundering" of course. Everything above a threshold that's not registered will be considered a criminal possession and be fined and confiscated when found.
>>6113236794% is pretty standard these days.Today I'd buy silver bullion because I can still lay it off. If all the refineries stop buying silver cold turkey, I'm not sure. We can't buy things if they cannot be resold.
>>61132527what if i used a band saw and brought you some 25oz or 50oz chunks lmao. dont have a crucible (yet)
>>61132254>let the market decline with most small physical holders being unable to offload their material until the bottomNobody who follows SETF is going to do any unloading.That's when you acquire even more physical silver!
>>61132465the expensive part of smelting is the electricity, so if i bring them a box of dented silver rounds, or Christmas Santa Clause rounds from 1993, no one will buy them in a shop, which is why i brought them. the smelter won't have any more luck than me, so he's going to put about 1000 oz in a furnace with a clean crucible and melt one large bar, or, he'll send off to someone else who will do the same thing. They aren't going to melt sealed boxes of BU eagles, or crack open the plastic on Proof Kookooburas, but they will melt old rolls of black tarnished A-marks or a hundred other off brands with no following. they'd probably melt silver buffalos and so on too.the big problem, is that the large refineries are not accepting silver shipments from smaller smelters and refiners. and the small refineries, while they can refine gold easily, cannot refine silver as efficiently, due to electricity costs. so it becomes, normally, cheaper to ship it off to a handful of large silver refiners than to refine silver themselves. the same freeze out can be done on gold, btw. they can change policy at the top to keep people from dumping their gold.
>>61132542i've seen that before, actually. nobody would buy it from me, back then except a refinery, and so i'd expect the same thing is true now. i'd have to sell a chopped bar as scrap metal, which is a lower return.1oz rounds and 10oz bars and so on are meant for making change though, so if you needed to sell under a 100oz, you'd swap for a mix of smaller sizes, less the cash for whatever you wanted to sell off. the big problem will be when they push CBDC, people will have to deal on a barter system for teh black market.
>>61132251sharp pointed elbow to the temple
>>61132612exactly so, and for that reason, the plan would not be without its problems. most of the reason for leaving physical holders with the bag would be to let us get old, and neutralize our share by causing inaction. the guy with 100,000 oz isn't going to sell, because he's already rich and doesn't need to. eventually, that material will be found and sold in the future by someone willing to dump it, and if it is not the original buyer, it will go for less money, as the finder will not have the same mentality as the original stacker.as for acquiring even more silver, all things being equal you could always buy more, but if there is an effort to crush prices and/or a move by the state to suck up the material, it could become difficult.say the state declares silver to be a National Security issue, and dictates that all coin shops and metal dealers are only permitted to sell to the government at an official price. if the price is fair, the dealers might sell some of what they buy to the government, but they'll hold some in case the value goes up. and depending on the black market price and how severe the consequences are, they might sell you some silver, or gold for a markup over the government price.even when prices crash, it becomes hard for a while to find anything for sale, because dealers want to minimize their losses. so they'll go from selling general inventory, to selling live inventory, that is only making available for sale, what has been sold to them at the current price point.
>>61132251does anyone have the silver FUD bingo? Every single PMs thread has the first reply be something off of there and I'm certain I've gotten wins on bingo by this point.
>>61132621What? It takes more electricity/money to smelt ugly silver items?
>>61132746lol again he makes no sense it's just word salad
Why are you jewish?You will say you are not jewish, but infact your actions show you to be jewish. When people bring metal to you to sell, you charge them LESS than the spot price. You then sell the same metal ABOVE spot with a PREMIUM. So you are double dipping on the backs of honest men. INB4 you say all dealers do this. THEY DO NOT! Only the jewish scummy ones do, like yours.Only a jew would do such a thing. So why are you jewish?
>>61132762it's a business they're in it to make profit. you make profit by buying as cheap as possible and selling as expensive as possible. you can haggle at an LCS; if you don't like their buy price you go somewhere else. if it wasn't for this price spread these stores just wouldn't exist
>>61132520Plans for such eventualities will pay dividends. what to do when a Renoir handed down from your great grandfather must be sold, and the state wants too much blood from it? you go to the black market. Everything will go that way as this collapse continues.
>>61132779I know. I am just saying this dealer has been accused of being jewish many a times. My LCS buys at spot. Even the pawn shop on the dodgy side of town pays spot for silver or gold. Only a jew would want to double dip.To not pay spot is criminal and extremely jewish behavior. The OP is a jew.
>>61132746it takes the same amount, probably, but the .999 doesn't have to be re-refined. however if it looks bad no one wants it as is, so they melt it. The scrap sterling and broken silver jewelry isn't even being melted atm by the smelters who still buy it, they're just stockpiling it for later.all recycled material flows upward in a pyramid to the top dealer, who refines and sells it off, so if that top man stops buying .925 and below, that's it until the embargo ends.
>>61132835What happens if the comex ans lbma do actually default? Would the shorts all be margin called?
>>61132744Hold your cards, please
>>61132883Almost certainly, yes, and bankrupted. But that would likely happen in conjunction with the defaults. The risk of default posed by turning away the scrap supply is puzzling for that reason, because they're setting themselves up for a big system problem down the line, like the supply chain shock from covid, the shutdown didn't register for a few months in shortages of all goods, but some things began immediately, like baking powder and confectioner's sugar. if the official story, that the big refiners are at capacity, and are only focused n casting Good Delivery bars, is true, then they're going to run into a shortfall once they've exhausted their ready supply of pure silver, and there will be a lag between that and the refining of scrap into more good delivery. perhaps they believe they can meet all current and future demand by recasting alone, but the consumption rate of good delivery bars suggests otherwise.
>>61132975Seems too perfect of a setup. If the shorts get margin called then we will see if the rehypothication theory is true. If so that would be almost an existential crisis.
I will suck your cock for a mercury dime
>>61132230Pretty obvious they will suddenly have capacity once silver gets a tamped.
>>61133052>see if the rehypothication theory is trueDo you mean the idea that the financial industry was pledging someone's assets? Because that's 100% true. There are even riders in the contracts for a lot of the ETFs, that they can use your portfolio for other things as part of you having your holdings trough firm "XYZ." it might not be discussed much, but it's like when welles fargo was caught opening investment accounts for clients without telling them, to make their numbers look good.
>>61133175I suspect that's true. but they still have to tamp it, and the refinery issue won't make it easier to get the price lower, because it's a subsequent problem. if they restrict refining input too much, even if they tamp the price, they can still create a default.
>>61133182So the metals exchanges can literally go bust at any moment? Wouldnt that expose the entire banking sector to absurd levels of risk?
>>61133214at any moment makes it sound imminent. lots of dominos have to fall first, and maybe they already are, but it's not exactly a house of cards. for some ETF or other institution to fall apart becuase of rehypothication, they'd have to have a large exit of shareholders demanding the value of their shares, or their silver, in this case. not many ETFs let you get delivery of phyisical silver, even if you sell, it has to be the right kind of share, even if they offer that. but the ETF does have ownership of real silver. so at the LBMA the vault has however many ounces in the vault, and silver ETF XYZ has 1% of those ounces assigned to them. now someone running that ETF borrows against the silver, or loans it out to someone who is going short somewhere else in the market, that's rehypothication, and all the different players have the potential to try and rehypothicate, and many of them actively do it. it's all fine while prices are stable, and no one you're exposed to goes bust, but now we're going to see collapses of firms, and that's going to create panic of contagion, as more trades go bad.
>>61133214as to the second part of your question, exposing the banking sector to risk.yes. that's why JPM and others regularly suppress the price of silver, to keep a default from happening. they just want to take money from frens, who see that silver is finite and diminishing resource, and so they let the price run up, and tamp it with naked short selling, and then buy back the paper at the end of the day. but now, people are buying the dips in the mornings and going long, and these people have money, so the increased trade volume in futures contracts is seeing a 100+% trading volume every day, and they try to short from overseas, and during American hours, but the buyers keep buying. that's why we're seeing the COMEX and LBMA raising margin requirements, and why the lease rates are going up too. so in that example of the ETF loaning silver to someone else, they do that for interest, normally, it's been about 0.5%, the highest i saw was a day or 2 ago when it got up to 90%. so even risk assessment is seeing that shorting silver is too risky. The other trouble with tamping is not just that someone will take your trade at a lower price, but that you are obligated to get them the metal when the contract matures, unless you have enough pull to force a cash settlement. That's the part where a default becomes likely, because you and I will buy futures from firm ABC, and pay for them and wait to take delivery, and then firm ABC will try to pay us cash, but we want silver. If we have enough pull to force the issue, and firm ABC still can't come up with the silver, that's a default, and the default will be very market wide, because it is the COMEX and the LBMA that are the one's loaning out the silver despite the high risks, not just the small ETFs and firms.
>>61132251I think people have a lot of misconceptions about the gold confiscation of the 1930s. They didn't go door to door and take people's gold. People willingly surrendered it and took it to the banks like good little sheep because they were getting paid a little more than the dollar peg. A lot of people just held onto it though and didn't blab about it and held it through generations. Why do you think so much pre-1930s gold is still around in the US? Besides it's lot easier for them to just seize crypto exchanges, bank accounts, and stock brokerages that are all electronic today. A couple stackers doesn't worry them at all.
>>61133286>>61133366One of the issues with silver, if the prices keep rising wouldnt manufacturers try to stockpile causing a positive feedback loop? And regular people seeing something tangible as a hedge would drain their local coin shops. Seems like Mr. Bones wild ride is about start.
>>61133366There's "risk" on the surface, but they won't break over it. They've been already unloading and unwinding their short positions for the last few months. It might be too little too late for some of the bullion banks, but worst case maybe one or two will go bust and the fed will bail them out or let another bank absorb them. They've been operating for years with the full unspoken blessing of the fed. Every once in a while, they get too greedy and get caught price fixing and get a little multi-million dollar slap on the wrist.
Also you can tell the bullion banks started unwinding their shorts and going into long positions because as soon as they did, all the [[[EXPERTS]]] start coming out of the woodwork and telling the media NOW is a good time to buy gold and silver.
Anons should buy a cheap furnace kit on amazon and learn to make shot and pour different molds. Never know when youll need smaller weights to trade or sell
>>61133543I wouldn’t buy homemade precious metal bullshit from anyone
>>61133576Youre probably just a gay faggot. I sell homemade bars to tons of people
>>61132457Will banks and credit unions open gold/silver windows to take bullion for fiat? Only reason I ask is to pay off a mortgage. Otherwise, youd have to convert metal to fiat at an LCS or other mechanism. Just curious what your thoughts are. Maybe debts go away in a collapse.
>>61133585Debts would be the LAST thing to go away in a collapse. If the debts are gone, you're in Mad Max world at that point.
Any qrd on all the shit being talked about here? What’s the endgame to stacking if in the end, jews will continue jewing the small guys out of getting ahead in life? What good is it to be part of some small hidden network of stackers trading between each other?
>>61132260It's a lot to sell at once is the concern I assume, particularly if trading. It's comparable to an oz of gold but at least that fits in your pocket. I've got more gold than the average person and the largest denomination is 10g for this reason and for being a poorfag. 100 1oz bars is more hassle and greater cost but still worth it given current events. People may mire your stack, for it's admirable but they may question your overall strategy if you only have large bars. For myself, as the price rises each day I find myself wishing I had bought more fractional fine silver because $54 dollars is a lot to spend at one time even with how worthless the dollar has become.
>>61133643The endgame is not losing everything because credit (in a monetary sense) stopped working and riding out the storm to the other side. I have a year's worth of food and water filters stored up, and plenty of lead-filled brass. After chaos, people will want to trade again and you need an easily divisible way to monetize labor. Gold and silver will fill that role as they've done hundreds of times through virtually every currency collapse in history.
>>61133584Why?And why do they trust it not to be diluted
>>61133643Basically, they really need a thing. Real bad supposedly. But they wont take the thing or pay fair price for the thing.
>>61133643As a jew I will gladly pay you less than what is owed to you. You are not in some special little club. We know about you. Your ip is being tracked as we speak.
>>61133576I'm thinking about buying a tester before any more metal to play the (((money counter))) if things go awry and just offer a small fee to oversee transactions are legitimate given that fakes were profitable $25 dollars ago. >>61132621If they are putting smelters out of business how does military industrial complex build cruise missiles, torpedoes and AgZn batteries? How do faggots like elon make EVs. Even if they say bought 10 oz bars from boomers on Ebay I thought one of the bear arguments for silver is how frequently it is recycled from scrap so industrial use isn't a total loss. If they are trying to make silver and gold unobtainian and untradable would they simply do away with silver products or rely on the country we threatened with 100% tariffs? It's far fetched that this would be a tangible method. I had expected to be called a hoarder on TV and have people calling me unpatriotic for not selling Nat Sec resources before we got to shuttering refineries. I expected to have to go under ground but not this soon and not like this.
Post the elemental letter.
there might be a day coming when i need to sell gold, and even worse, put it into a bank account. which is worse for taxes/audits, triggering a ctr (cash transaction report for >$10k) or accepting a big check/wire from a coin shop? i believe taking all cash and depositing it over time is even worse (structuring). asking for a friend.
>>61133966Anon, the legal value of a gold coin is stamped right on its face.The proper jewish terminology is "20 dollars and other good and valuable considerations"
>>61132254I'm not too worried about 3rd party refineries.
Should I buy silver/gold now or wait?
>>61134078wait for what? the dollar price of silver to get higher?
>>61134078Consider when you ask something like this you should have already bought.
>>61132254Where can I sell my metals so that there is no trace so I don't flag the IRS? All of the coin shops near me make me give them my ID and write me a check so there is a paper trail. I am new to stacking.Also, why are you so based?
What's the right USD:PM radio?
>>61134078DependsDo you already have a position? Sit back and enjoy the ultimate in comfy ridesIf you don't have any, the best time to buy is now
>>61134351What is considered a comfy position?I have 700oz of silver and 20oz of gold am already feeling pretty comfy.
>>61132230you need to up your swastika game, nigga
>>61132230You guys can't unload junk silver any more what bs is this ?
>>61134403thats a great stack. I've got 1800 oz silver and 18 oz gold. Wish it was an even 2000 and 20 but oh well. If you buy anything now it should be silver, and trade it into gold when the gold:silver ratio gets 60:1 or better
>>61134571Respect brother and nice work!
>>61133966simply research how anti-financial crime legislation works. The governments are pretty open about their techniques, you can figure out a way to slowly cash it all in eventually im sure.
Good threadI denounce the Talmud
>>61132251You hide it? Are you seriously that retarded
I have $5,000 in bonds that matured this month. If I put it into silver my family will surely find me insane. Should I do it?
>>61132833Um, the Hebrew in OPs original post gave himself away.
>>6113306147th st?
>>61134319Also, why are you so based?The majority of Jews like to share their wisdom with goytards. There's even a phrase for it, "or l'goyim" (light for the goyim).
I remember reading that during the Hunt Brothers squeeze the same thing happened, many people gathered what silverware they had and went to get rid of them and refinery backlog was into the months, even years.It's something that I was kinda expecting to happen with 100% certainty at some point when the price goes up.I specifically wrote in SETF threads to those who get cheapies and scrap to melt everything they had ASAP as they get them, because, just like buying, you won't have a chance to melt them when the frenzy begins.It doesn't seem to me something weird happens, but you never know, it would be interesting to investigate what happened last time around this subject, but this is something that was predictable and who has something to melt should have done it a long time ago.
So if I have no precious metals should I go all in on silver? Is it too late for me?
>>61134973Yes, go all in.It's a bit late, but still earlier than 99% of the world.You are supposed to hold it for years, no matter what happens, just keep stacking.If it goes down, buy more (lower dollar cost average, always get cheapies), if it continues to go up, keep buying (the paper currency is losing value, better exchange it asap, hyperinflation).
>>61134999Unironically this, but beware is a curse once you start you cannot stop, and the more you accumulate/make the less you want to sell, so what you thought was going to make you money becomes a perpetual burden.
>>61135041this makes a retirement fund seem more appealing, what’s the use if I can’t use it to pay my residential taxes in 40 years?
Silver ends the Jew. They can’t even touch physical. It melts right thru their hands
>>61135054Silver is money, you can do with it whatever you can do with money.
>>61132925I just BINGO'd so hard, some white stuff got all over my white metals.
>>61132260I think you were talking to me the other day. I just said it will be harder to sell for cash if you dont want to do IRS paperwork. If you only have 100 oz bars, youll have to sell the full bar even if you only needed to sell 5 oz Small bullion is just more liquid. Btw it should be fine if you have a large mix of different sizes
If your refinery is already working at 100% capacity refining existing 999 bars and sterling silver/junk coins are more difficult to refine, would you accept anything under 999? They are the bottleneck in the market right now.
>>61133061I don't even care if you're a dude. I'm in that for the meme
>>61132230I have a bunch of cool collectible silver so I don't want to sell it anyway.Lots of America Silver Eagles, Canadian Maples, Britannias, some Roos, some poured Monarch Viking bars, 1 kilo coins British and Mexico.Pic related.
>>61132230what's the best way to sell bars thru dealers without paying tax? will most of them do an under the table deal or are they talmud loving pussies?
So when all the refineries are bottlenecked and taken over by antifa furry communist feminists and Big Silver Jew won't buy your generic bullion because well we just don't trust it okay! and people are freely transacting in bitcoin without any costs or overheads or bullshit, what then?
>>61134973>Is it too late for me?No.
>>61137691Antifa couldn't fight their way into a wet paper bag, let alone bullion refineries.
>>61139120Will pmg baggies ever experience nice things?
>>61134521actually impressed by this orderly display
I don’t understand what the actual scenario you envision is. If it’s a SHTF scenario do you really think people are going to take your silver over food or heat? Metals are worthless in the exact type of situation you envision.The only way they make sense is if you envision some semi-SHTF where the currency is destroyed but the rule of law stays around to a limited extent enough to protect your stack.Do you suggest buying small increments of silver? What could you trade a 100oz bar for other than a house in a hyperinflation context?
>>61140778the super chaotic SHTF scenario you're envisioning won't happen. and even if it did, it would be a very quick event, followed by the state regaining control and a more stable environment where PMs (or something backed by PMs) are used as money.
>>61140794$is king
>>61132230literally what do you suggest we stack?The way i see it, based on everything in this thread, for various reasons, it's either: - Merc dimes- .999 barsor both.
>>61141088.999 silver or US coins like junk (1964 coinage) and peace/morgans.
>>61132835>it takes the same amount, probably>probablykek
>>61141088Merc dimes are the most divisible and don't have the Roosevelt taint that other dimes do. Plus they look cool.
>>61141487>Merc dimes are the most divisible and don't have the Roosevelt taint that other dimes do. Plus they look cool.
"there is no overbought in a short queeze" (engl.) = Es gibt keine Überkaufsituation bei einem Short Squeeze. ©Simpsons ... Just found this and wanted to share.
>>61142502niceand remember, silver is shorted way more than GME ever was
>>61132743my only question, how do refineries closing down help push down the price? this hurts supply from recycling when they apparently need more silver.
>>61142605>my only question, how do refineries closing down help push down the price? >this hurts supply from recycling when they apparently need more silver.Just as velocity reduction of currencies slows inflation, the velocity of metals recycling slowing down cools open interest in paper contacts that can be settled in currencies.
>>61142467That is a nice meme but in the end it might be better to get a lot of both. There's a lot more Roosevelt dimes out there in good shape than mercs. If things get really bad they will be going by the weight of a roll. If you place a roll of each right next to each other you should be able to see a slight difference in the thickness on the whole stack unless you bought a roll of AU or even BU.
>>61132251they are not coming for our siverwe will just vote them all into jail!Right guys?>>61132254well OP have you considered that all major news headlines and coordination between "competing business" is giving off a bad pusy smel?>>6113226010oz bars for silver is the absolute maxbetter off with 1oz rounds the premium is hardly any different
>>61132295so the solution is to just hold your junkwho cares if refiners are not buyingdoes this mean junk silver is now cheaper to buy from dealers?of course notits just a jewish scheme because in the metals industry, there are no good guysonly average joes and satanists
>>61132304>he big danger, is that the same thing will be pushed by the banks on gold. fast forward a year, and your LCS won't buy scrap gold, or anything else because the refineries are all put out of business.I dont get it anonif it costs 100 million to get a full fledge refining operation going on while others are failing because they decided to not buy junk, whats stopping another jew from starting up a refinery in less than 2 years?
>>61142729>That is a nice meme but in the end it might be better to get a lot of both.I merc-cost average my portfolio. Since I can't constantly be receiving head on account of dehydration potential I may only have a few thousand mercs which can be leveraged as I can be outsourcing the FWTDHWATQAD's for incoming Mercury/Eisenhower/bu ect.
>>61142699my god thats a retarded explaination we aren't talking about an honest system we are talking about one where supply is so short that they are desperate to take on any that they can to keep the illusion going note other countries are out of silver right now. i think there are many possibilities. for example they are trying to remove the gold bug from the public consciousness. they dont want more precious (per $ spent ) silver getting away from them, so silver is being intentionally slowed down the other primary possibility I am considering is that they don't want silver leaving the USA so higher powers are stopping the biggest refineries. your justification is not sufficient under the known market parameters.
>>61142805>my god thats a retarded explaination >we aren't talking about an honest system >we are talking about one where supply is so short that they are desperate to take on any that they can to keep the illusion going >note other countries are out of silver right now. >It's not retarded it's oversimplified, choose the right adjective. >I think Don't bother, you're only overcomplicating it. Most of the sheeple fear loosing currency because they believe it's money. Simple, see.
>>61141088Behold, it is I, the OP. What do i suggest:I suggest you cost average your holdings, whatever they are, and zero out your investment. Sell off enough so that you have your remaining holdings for free.As for types, the following item categories are still being purchased by smelters, assuming uncirculated condition, in the following descending order, as follows>Silver eagles>100oz and good delivery>90% change, sterling, beat up .999As for what you can expect for the same items from a dealer, maybe 5% less.At current spot, as of this post $52/oz, this means that at bottom, silver pays out at $46.80 per oz equivailant. So any dealer brave enough to keep buying will probably offer $40-44 per ounce on anything below an eagle. Silver eagles have kept the best premium and ease of disposal. But i never recommend them otherwise, they're too expensive. Mercs are nice, and for now they should be sub 4% premium if you find any. In fact, with the freeze out you should find some good low premium deals in the next week, as inventories start to build. I'll be dumping my 90% until the refineries start accepting scrap at the old rates.Whatever you buy, make it cheap.>>61140778>what do you expectA slow bloodletting of everyone's savings with more niggers, and lots of h1b mud people accosting random women on the bus. You will be prosecuted for fighting back once the noose tightens, so you have to be a rich nimby to avoid the curry horde, and if you make it, you'll be able to buy your rights from the law
>>61136532I'll just have to lower what i pay and hold it like everyone else. Ill put the saleable jewelry out online, or lay it off to other retailers, and help pay for the flatware and the broken stuff. It will all come back eventually, and inflation cannot be curtailed, so the prices are just temporary imbalances
>>61134973Never go all in on anything. Your best resource is your time, then your mind then your wages, and then your investments. Your best way to make it with metals is to buy with a portion your disposable income, and never borrow. If you make a bunch, don't be afraid to cash out some of it to zero your holdings.Over time it would be possible for these prices to continue up, but this week has priced out a lot of paper traders, and the freeze out has starved them of funding, so never assume you're invulnerable
>>61133486The cost of stockpiling is prohibitive for most industries. If they couldn't afford to do it before, now they can't do it without borrowing. So they'll either borrow and stockpile, or stick to just in time. Some people are going to stockpile, but unless anyone has a few teillion to hold in silver, it will be too precarious to keep the price up with buying and holding. Even if you bought a trillion bucks of silver, unless you have all the silver ever, then you're forcing the price up for everyone else, until you sell, and then the price will slide with the increased supply. For small holders, the power of silver is that we don't have billions of dollars, so a high price benifits us without our selling of material being capable of pushing the overall price down.
>>61133486Shops will always have supplies at these prices, unless the demand is coming from some military or foreign buyers, which drain the supplies irretrievably. Picrel is an example, but they still use these types of batteries for other things.
>>61133523The recent shorting is going to work against their unwinding of possition. Every short they make is going to exist for a few months before they can zero them out. Unless the price can be effectively crushed they are making their problems worse by shorting this way, if they let it run, it would cost more, but they could keep supplies coming in, by crushing the price and turning off refineries, they're going to create a supply deficit now, and hope that they can buy it up for pennies in a year or two
>>61133585Maybe, but they'll find out that it's a cruel mistress. They'd have to hire special employees for that, and it would work against a lot of the babking industey goals as they seem to operate, i.e. pushing people into debt and into kreping qll their money in the bank, but sure, they could do it, rules permitting.
>>61133942They're not putting them out of business, at least not yet. If the prices go high and stay high for a few years the bottlenecks will sort out, ut all the excess will eventually be consumed. Back in 2011 there was way more silver available than there is now, and more gold. And oddly there was no bottleneck, the bottleneck now is because smelters and refinershave been operating on minimal staff for a decade, and they aren't going to rehire the people they let go 8 years ago or more to process a finite supply which will still be there in a few months.
>>61133942They don't have enough of a unified culture to try shame on randos, so instead they'll let the price explode to induce you to sell, but the people with the most supply don't need to sell. If they wanted to seize it they might quickly find that a government run coin shop would do a better job than a goon squad.
>>61140778there's other metals you purchase to protect your stash anon...
>>61144137>>61144148>>61144178>>61144217>>61144232>>61144263>>61144302>>61144320>>61144330>fart
>namefag thread still upBro I literally don't care, I stack therefore I am.
>>61142829my thoughts have nothing to do with the masses but more to do with WHY things are how they are even if it does not make a difference for silver or anything also if you are the real silver separatist sorry i ever called you retardedmuch love >>61144137what about the rest of the world being out of silver? this is what doesnt make sense
>>61145662>also if you are the real silver separatist >sorry i ever called you retarded >much love Indeed, to you as well fren,no offense taken. Things are the way they are because they don't change,only the narratives do.
Frenly reminder:
>>61141409You are talking different things. He knows, you don't.There is a cost to smelt silver. There is extra cost to gathering, sorting, and then smelting that makes it unattractive to bother with doing.So they pile it up until the pile is big enough."big enough" includes enumerable variables.
>>61142829>most sheepThis is the folly of woman thinking.>MOST PEOPLE WON'THistory hinges on those that do though you massive faggot.Most people sat out the revolution. It's never about most unless you are a pathetic low T faggot or a woman.
Lmao, why do stacktards insist on paying Jews 20% when they buy or sell rocks?
>>61146204Insults?I accept your concession.
I stack XMR and Silver. In that order.
>>61146250>deflectsMore woman behavior.
>>61145662Refiners being at capacity means they are trying to replace the silver outflows from exchanges. It smells like manipulation, but in the wnd it should drive prices up, because it is a reaction to scarcity.The rest of the world can be out of silver relative to demand, but that can have many shades of meaning, depending on degree. Again, the good delivery scramble indicates that demand is very high, and that it is coming from institutions, and not from retail. It affects newer or more reckless stackers, due to exposure, but longer term stackers are probably cover already, and have figured out better cash flow strategies from experience.
>>61146718Yep, you didn't make a shit investment the Jews cheated you
>>61146700Double zeros Defects from what? (You) made no valid new arguments. Niggercattle dialectic, kike behavior, probably has no sliver, nor gold, and definitely no penis like myself.
>>61147288Checked
Is it good enough to store silver rounds in plastic flips or do you need those circular cases?
>>61148686the flips are badget tubes
only reason that depositors got their money back in the svb collapse was because it was jew money. the goyim don't get that privilege, 08 showed us that. the great taking is on the table, jews have been putting their trapdoors into the system over the last century as an exit plan when the inevitable failure of their system comes full course. from jews to founding fathers, they all saw the end game of jew control and their favorite tool, usury.how many black swans in the lake?1. naked shorting of stocks and pm's. (creating fake shares of companies they actively sabotage inside and out aka cellar boxing.) when they naked short a company out of business they dont have to pay taxes since they dont have to close out the bets. their favorite play until it backfired on them, aka Gamestop and pm's. paper shares of pms are in the same realm.2.cmbs- commercial mortgage securities, everyone is holding these bad bets.3. private equities- no one knows whats in these and typically only accredited investors had the privilege of making/losing money with these kikes.only until recently did trump open this up to normies under the guise of open and fair markets to the plebs. they plan on stuffing all their bad bets into 401k's and pensions. CHECK WHATS IN YOUR PENSIONS, DONT LET THESE FUCKS PUT THESE BAD BETS IN YOUR PENSION. 4.property taxes. the rising property taxes are raping homeowners and can never be paid off.https://www.youtube.com/watch?v=W2Wa2jrlefo$17 Trillion Risk Behind Property Tax Ponzi Scheme Will Create Great Depression 2.0there's a part 1and 2 to this. great stuff.5. rrp, reverse repo markets. the banks cushion where they park money overnight for a little extra is about to be emptied and they'll be on their own again. started at 2trilly, now were in the 4-6 billy range.6. banks have no reserve capital requirements, since 2020 they have 0 zero savings. a bank run could chew them alive.
>>611490087.subprime loans. were seeing the auto-loans taking place but homes are in the same boat. just better hidden.8.derivatives- side bets on top of side bets, on top of side bets, on top of side bets into the quardrillions aka unknowns. like a giant jenga tower, it only takes 1 piece to topple it all, and its wobbling.9. consumer credit and buy now pay later loans.i grouped them together. more and more defaults on ppz personal credit and the buy now pay later loans are also way pass a billion alone (i know 1 billion is nothing but its part of the jenga tower pieces. also falls into the category of private equity since it/is was one of their get rich quick schemes that they've milked and trying to put the debt into folks pensions and 401ks.10.a.i. bubble. only thing propping up the stock market. theyre round tripping the money amongst themselves, cooking their books. company A spends 100 on company B, company B spends that same 100 on company C and company C spends that same 100 on company A. 100 turns into 300 on the books.how many more can you find?
>>61149019the question is, how do you prepare?1. pm's of course.2. cash, don't let cash die to their new jew a.i. surveillance system. hold on to your privacy in everyday possible.3. monero, ultra private money.4. DRS-ing DIRECT REGISTERED SHARES. the digital equvilant of paper certificates of company ownership. (there will be companies that survive the new transition.) owning shares on a brokerage like fidelity/robinhood/td ameritrade means you own shit. its a casino and your holding chips, not ownership, aka security entitlement. if you want to own actual shares of your favorite company, find out who is the transfer agent for your favorite stock. Funny enough, gamestop is the most DRS'ed stock in stock market history, retail owns 20-25% of the entire company, completely unheard of, on average retail ownership in any company on the stock market is usually at most 1%.www.computershare.com is the transfer agent for gamestop and bunch of other huge companies. find yours.5. i guess bitcoin, but it hasnt ever really been tested and is pegged to the markets. lacks privacy and fungiblity. when marge calls crypto will be drained as they start covering. monero has staying power because of its use case and constant updates. btc isnt it anymore.
Things that trigger /pmg/ tards:Abolish Central BankingWatch them seethe with bloody rage at the thought of abolishing central banking for good lmao
>>61149008I cashed in one of my 401ks already. I feel like I want to keep the other there just as a safety precaution incase there is another can-kick. But when I really sit back and think about it, I really don't trust this system at all. Even GME sometimes feels like some sort of rugpull. On one hand you see billionaires and operationalists carrying on as normal. But the pool they swim in still requires banks and Wallstreet and Treasuries, which imo is all a stinking pile of shit.
>>61149039just look at their books, fucking immaculate. everything you want to see in an investment and company. throw away the short squeeze stuff and just look at their profits,revenue,spending, debt, leadership and community. and the jew thats running it does it for FREE! no stock options, no salary, no golden parachute backend shit. he works for free! look at his team. look at their resumes. even without the short squeeze naked shorting stuff, the company has become a pure value fundamental play. they've went from almost out of business to 10billion+ in their warchest and no debt. i dare anyone to find a company that does as and looks as good as gamestop. id glady buy a nice chunk of shares of it. DRS'd of course.
>>61133643>jews will continue jewing the small guys out of getting ahead in life?That's a given. Thankfully, we are such a tiny group, we might fly under the radar for a while, unless the silver deficit start to make trouble for big industrials.Even in the richest nation on earth, who has access to the cheapest silver worldwide, less than 1% of adults are stacking silber. And most of them are pityful stacklets with not much to show for.That's our best chance at making it : being so irrevelant the big jooz forget we even exist.
>>61132254>>61132230>be me>debt free>own small farm>tight knit with some neighbors >have w2 job making good cash>savings in bank>$20k physical cash>600oz physical silver in mostly kilo bars but around 100 shiny new buffalos and a few handfuls of mercs>about a kilo of gold in 50-100g bars including a couple combi bars>bunch of platinum, .999 gold, and sterling turquoise jewelryNot trying to flex, but need to ask:What I'm getting out of your posts is basically just hold and keep doing what I'm doing, right?
>>61149030>Abolish Central Banking > First, the FED. Then the bank of England, the BIS, the IMF, and the rest will wall. Also, usary and taxes should be abolished. Oh, and repealing the 19th Amendment, too. And of course, we can't forget the synagogue of Satan. Technically, if they/them we're removed, the rest would follow naturally.
>>61149388>Checked and coinfirmed >What I'm getting out of your posts is basically just hold and keep doing what I'm doing, right?Yes.
>>61149402Kewl thanks.Fyi, I wouldn't be in this situation if it wasn't for anons like you posting the advice you do. I started listening to boomer posters back in like 2015.I can do a lot of things>build structures>fix an engine>manage orchards and livestock>run a business and understand basic accountingBut the world of finance is a mystical realm of jew magic and kabbala I can't wrap my mind around.So thanks for literally telling me what to do
>>61149425>But the world of finance is a mystical realm of jew magic and kabbala I can't wrap my mind around. And A.I. is the next golem. >So thanks for literally telling me what to doIronically it's what most jews do even though they say the opposite to everyone except each other. Shhhhh.
>>61149391>central banks are le good if white people run themWhy do you guys get so angry at the idea of abolishing central banking?It makes you so fucking mad.
>>61151284not I fren. I am the value and my own bank.
>>61151284the notion that you can or would even want to "end" centralized banking is like saying you can just "end" freedom of association. It's nonsensical.
>>61133614>mad max world at that pointwelcome to the party pal
