This is the real /pmg/, everyone use this thread. That incessant shill started the other one
Henry King
the canadian 50 percent is 170 for dimes
Connor Bailey
>stack up Isn't that the whole point of /pmg/?
Chase Martin
This sort of shit happens often enough, but mining companies expect it. Usually a project just gets delayed while both parties negotiate a "fee" or deal with the natives or other party and things go back to normal. Sometimes though things drag on for a decade and ends with a dead project, such as what happened to the "Fish Lake" Gold Project in BC not long ago.
Noah Gonzalez
fast as a shark he'll cut out of the dark on the attack losers and winners just like you and me losers and winners
Jaxson Green
What do you want to do with the rest of your life? What is making it to you?
>The case for retiring another ‘barbarous relic’ >Could a world without cash make for a much-improved economy?
The fact that people treat cash as the go-to safe asset when banks are teetering is heavy with historical irony. Paper money was once the symbol of monetary irresponsibility. But even as individuals have taken recent crises as reasons to stock up on banknotes, authorities would do well to consider the arguments for phasing out their use as another “barbarous relic”, the moniker Keynes gave to gold.
Already, by far the largest amount of money exists and is transacted in electronic form — as bank deposits and central bank reserves. But even a little physical currency can cause a lot of distortion to the economic system.
The existence of cash — a bearer instrument with a zero interest rate — limits central banks’ ability to stimulate a depressed economy. The worry is that people will change their deposits for cash if a central bank moves rates into negative territory. The Swiss, Danish and Swedish central banks have pushed rates lower than many thought possible; but most policymakers still believe in an “effective” lower band not far below zero.
Oliver James
no its 270 for one once im retarded
Dylan Walker
Insanely high volume market manipulation. Whales shaking out weak hands, selling high and buying back in lower. Pretty classic
>What do you want to do with your life? I wanna Rock! Rock rock Rock rock Rock rock I wanna Rock!
Samuel Collins
Bank monkey hammer. Can't stop us.
Benjamin Fisher
If you know anything about shit like this going through in the past, what odds do you give it? The contracts expire in like 2027 (ish, I closed the statement)
Grayson Rogers
With a recovery under way in most rich countries this may seem academic. The talk is now of when to raise rates. But the fear of the lower band is still causing damage. The dominant argument for beginning the tightening cycle is to have enough “ammunition” for a new stimulus when the next downturn comes. Removing the lower band would leave central banks well equipped to deal with a slowdown even from near-zero starting points.
The second feature of cash is that, unlike electronic money, it cannot be tracked. That means cash favours anonymous and often illicit activity; its abolition would make life easier for a government set on squeezing the informal economy out of existence.
It is in this spirit that Kenneth Rogoff, the former chief economist of the International Monetary Fund, has argued in these pages for abolishing high-denomination banknotes such as the €100 and €500 notes.
Brandon Ramirez
Electronic money also permits innovations to reward law-abiding businesses. Value added tax, for example, could be automatically levied — and reimbursed — in real time on transactions between liable bank accounts. Countries that struggle with tax collection could go a long way in solving their problems by restricting the use of cash. Greece, in particular, could make lemonade out of lemons, using the current capital controls to push the country’s cash culture into new habits.
The technological and practical obstacles for using cash have largely disappeared. In Scandinavian countries, cards are regularly used even for tiny transactions. Sweden reached “peak cash” almost a decade ago: the amount of currency in circulation has shrunk by more than a quarter since 2007, even though the population and economy are both larger.
The anonymity that cash uniquely affords is, however, an argument for keeping it as well as for abolishing it. It is not only criminals and money launderers who prefer cash. Especially in the post-Snowden era, many ordinary citizens legitimately want the option of not leaving digital footprints.
Fortunately some benefits of electronic money can be reaped without banning all cash outright. Cash could remain accessible but at a cost, so that its users pay for the privilege of anonymity — and remain affected by monetary policy. Dated banknotes could see their value as legal tender gradually fall over time; banks could be charged for swapping electronic reserves for physical cash and vice versa. The benefits of cash are significant — but they need not be offered for free.
Let's say getting FUCK YOU rich. Enough not to work ever again and buy some luxuries and not having to be picky about real estate, cars, travel, education and so on.
Let's say in today's fiat ponzi money, I am thinking like 7-10 million $ is "making it".
What does that translate into in silver ounces if it is allowed to reach its FULL and REAL value?
Zachary Roberts
i think there going to do well down the line, there projects all make sense and there all situated in mining friendly territories. Its up to you, if you want to go for it.
Leo Wilson
FOMC statement and Powell talking. A surge of the dollar index and some kind of panic on the silver market. Gold also was volatile but not so much.
Camden Walker
Well you need $100,000 plus $1000 a month until you turn 63. Since you are probably 13 that's 100k plus $600,000 with silver at $20 that's 30,000 ounces you need to "make it"
William Smith
I'd just like to point out how comfy this thread is without the shill, now that he made his own thread and is effectively quarantined
Jack Cruz
Thoughts on junk silver from world coins for the low premium?
I just picked up some 1941 guldens and a 1/4 1953 Panamanian Balboa
Luke Robinson
Idk. Knowing that like 2/3 of the planet works for less than $2 a day, I would say even owning a single ounce could buy you a harem of cute fillipino women.
Hudson Sullivan
great job user. Too bad there are soooo many fractional odd weight european coins, would make a veryyyy long list to list them all.
Asher Kelly
>two of these stupid threads what the fuck is so complicated about this? it'll crash anyways, and it won't be some stock you can just sell or tuck away at the bottom of your portfolio, every time you open your safe you have to look at your overpriced silver.
Sebastian Hughes
It's basically a foregone conclusion that silver is going to between 500 to 1000 USD per ounce in today's purchasing power. You can calculate your make it stack based on that range. For me, just owning a home with no debt and a nice ish car would be enough to make me happy
Elijah Rogers
lol it's ok, converting all these different currencies with different weights and purities in confusing. It's tricky, because there were 50% Canadian dimes and quarters. 27 50% dimes ($2.70) is 1.01oz, while 11 50% quarters ($2.75) is 1.03oz. I didn't want to make the list too complex/confusing, and there are already three listings for Canadian silver... hopefully people will figure it out, and besides the "~1oz" means about/roughly 1oz.
There is no way to know what the future economic system will be like. Some people make torturously facetious comparisons to Ancient Roman legionaries salaries or Medieval England even though both economic conditions and the nature of mining, refining and so on were completely different.
You might think that a reference to say, salaries in Georgian England before the First War are a better guide, since conditions, standards of living and so on where at least somewhat similar, but in reality this is illusory,
There is no guarantee that saving, say, allocating the equivalent of fifteen shillings for every week as a budget is enough just because it was then. It MIGHT be, but it might not. The only thing we can know for sure the as always is that more is better.
dude MUX is gonna go really high, just look at what they did in 2011, the produce, they are well run, get it while its cheap.
Adrian Clark
The fact that people treat silver as the go-to safe asset when banks are teetering is heavy with historical irony. Silver money was once the symbol of monetary irresponsibility. But even as individuals have taken recent crises as reasons to stock up on silver coins and medallions, authorities would do well to consider the arguments for phasing out their use as another “barbarous relic”, the moniker Keynes gave to chattel slavery.
Already, by far the largest amount of money exists and is transacted in paper form — as bank deposits and central bank reserves. But even a little physical silver can cause a lot of damage to the economic system.
The existence of rounds — a bearer instrument with a zero interest rate — limits central banks’ ability to stimulate a depressed economy. The worry is that people will change their deposits for rounds if a central bank moves rates into negative territory. The Swiss, Danish and Swedish central banks, in a demographic culture of collapse, have pushed rates lower than many thought possible; but most policymakers still believe in an “effective” lower band not far below zero.
Brayden Baker
Farts and semen lmfao KEK!
Isaac James
There is truly no way to know, but a heroic stack is probably the first step
Luis Stewart
Silver IS silver, but at the same time, people don’t always know it’s silver, which could matter down the road.
That’s why I like American pre-1964 and to a lesser extent, British pre-1920 junk. EVERYONE knows it’s silver. Well, not everyone literally but many more people.
Alright guys I'm going balls to the wall and spending 2200 on my 0 interest credit card. I won't have interest until sept 2021. This will put me at 1.5ozt of gold and 240ozt of silver. Will provide proof in a feew
My boss is buying silver and a coworker just bought his first oz of gold. They are starting to see
Asher Davis
I spent 8k on a 0 interest for silver, no regrets at all. But I did it 2 months ago, make sure to sell your stack slowly while we are above $35toz, don't want to get fucked on a year long dip.
Robert Lee
Based, where do you get a 0% interest credit card? I've never used a credit card but I've been thinking of doing something similar since I have a secure income and a 770+ credit score.
Aiden Garcia
yeah i understand,i just wanted to make a distention for the autists who like exact numbers.ive been trying to figure out the Mexican coins and its super frustrating,because they kept changing weights and puritys
Anything is better than nothing, just do what you can (and within your means) buddy
Jaxon Taylor
Where can I buy real PM like platinum and not this gold and silver kiddie shit
Asher Price
Actually another user who was helping with the research made the gold list, I just saved and reposted. YW though.
There are a lot of different euro gold fractionals... coinapps.com/ has a calculator for US and Canadian gold, maybe someone knows of a resource for calculating euro gold fractionals?
>I would say even owning a single ounce could buy you a harem of cute fillipino women. But that is some scuffed shit user. I'm a monogamous Aryan ethnonat and only into white, blue/green eyed trad girls. I guess that increases the cost exponentially. Pic somewhat related.
Yes. They use PSLV to do it, where there are a 1488 owners for each paper ounce. But so many people are now demanding delivery on the COMEX and lately the NYMEX, that they are going to have to back off and let the price keep going up. As we saw when it went from $19 to $24 almost instantaneously like literally in an instant like that one time Ryouko did that eye flutter hoofstomp. $30 silver is coming soon but not from the direction you think. They do these sudden paper-dumps to frighten people, and slow the process a little, but the drop is inevitable. When the COMEX finally does default trading will migrate to the NYMEX then back again before applying for refugee status in Cancun , PSLV will get delisted, and the investors will lose everything as they should for not listening to my sage advice
>EVERYONE knows it’s silver most zoomers don't and i guess even most millennials don't ether
Connor Long
just google 0% intro APR cc and you can even get 20 months no interest bro. This shits funny money and they even know it too. I currently have 1.5k in cc debt(@ 0 interest mostly spent on metals) and just got approved for a 2nd card that has 12 more months of no interest on balance transfers. I will continue this until USD dumps or i'll bury them out back and declare bankruptcy after buying a fuck ton more
