Bayhorse Silver +31% Tinka Resouces +18% Blackrock Gold +15
All small-cap silver stocks.
Dominic Phillips
$160 in 2021 or 2022
Longer term 1:1 with gold.
Landon Campbell
Other silver stocks also doing well:
DSV +7.6% Aurcana +8.5% Kootenay +6% Silver One +6%
Nathaniel Perez
Guys I know we had some anti-physical troll spamming for the past few weeks. But are there any advantages to buying silver stocks over physical?
Dylan Kelly
There is 110T USD held in bonds worldwide right now. What the fuck are you on about dumbcunt? Most bonds are held by institutional investors
Jeremiah Bailey
The confiscation meme is starting to worry me, /pmg/.
PM moons almost always coincide with fiscal crises, and even though governments probably won't confiscate gold specifically to enact a gold standard (that's likely the last thing they want), they WILL want to own as much gold themselves as possible, so as to help them finance their own liabilities.
And they definitely will seek to curtail the use of gold as a currency or store of value. Even if they don't actually go door to door in the way American right-wing boomers are always fretting/fantasizing about when it comes to guns, they absolutely can shut down online sales and deals, they can establish a phony government exchange value to legally rob you, they can do their best to prevent you from taking it overseas.
Carter Clark
I just bought 1,000 of these for $11/oz am I gonna make it
>more liquid, you can buy and sell at the touch of a button to take advantage of the GSR >you don't need to sweat bullets at the airport, your paper PMs are anywhere you are >Tyrone can't break into your house when you're at school or work and swipe them
Jackson Sanchez
>German silver You did Google what that is before buying right?
Juan Jenkins
As a placer miner, iv wondered this as well. Some fellas are wack, god bless them though
Michael James
Here we go the moon mission is back
Christopher Richardson
I prefer german products
Gabriel Sanchez
No mad dip on monday. Looks like a similar pattern to 2 weeks ago. Week end 32 and change perhaps?
>copper 50%-61.6% >nickel 21.1%-30% >zinc 17.2%-19% you do know you didn't buy silver, right?
Henry Baker
Imagine not merely owning silver, but owning a company which will give you silver ounces on a regular basis, for years or even decades. That is why SILJ is 3x leverage to silver, and small-caps can be 10x, 20x, or 30x leverage. Silver went 10x in the 00-11 bull market, but First Majestic went 150x. The same thing will happen this time. DSV, for example, has 1 billion ounces of silver in the ground; GSR 1:15 would make those word 72 million ounces of gold. When you buy DSV, you buy a part of that. That's why Eric Sprott, who is one of the greatest silver bulls in the world, has sunk an enormous 60 million dollars in the company (and his net-worth is only a billion).
Ethan Young
But I'm not the paperfag. I still prefer physical because if you don't hold it you don't own it is true all the same, and even though in normal times ETFs are almost certainly better than phys generally, in abnormal times like this (which are of course the times you really want PMs) there is too much paper chasing too little IRL metal and so you the little guy will be last in line to actually cash out.
Basically both have massive negatives, but at least with physical PMs you can actually take it out of the system, even if in practice there are obstacles there too.
Jeremiah Davis
This is a masterclass troll job. Hats off to you, sir.
James Mitchell
And you didn't get confused by the buffalo and the united States of America on the bar?
Jonathan Bell
I don't think that they can get away with confiscation this time. The internet is exposing them and their financial mismanagement to such an extent that there would be a revolution. This isn't 2011 any more, when the only people buying gold and silver are people who listen to Alex Jones or read ZeroHedge. The money printer meme is everywhere. In any event, the more concerned you are about confiscation, the more active you should be in spreading the word about PMs and trying to get them into as many different hands as possible. The more people own gold and silver, the greater the number who will resist any tyrannical orders to hand it over.
Oliver Russell
>$2040 if we cum over 2050 I am shorting gold again
>based crab giving me small profits and chance to escape from shorts good
Anthony Bailey
Yes, but at negative real interest rates, Treasuries will be locking holders into *losing* money. In September, the Fed is going to drastically change policy to institute yield curve controls and abandon the inflation target. They will be institutionalizing even steeper negative real rates with that change. Holding Treasuries at that point will be difficult to justify.
Wyatt Thompson
there is a lot of chatter about it. that's why legal denominated silver bullion is insane to get.
Joshua Butler
reminder that record inflation and low interest rates are priced in
Levi Wood
Yeah, exactly which is why gold has been rallying like this. Short term rally in real interest rates has caused a slowdown in gold's momentum. I don't think it will last, though, but we might have to wait a bit longer for 2.1k than we had to wait for 1.9k-2k.
Austin Ortiz
>silver drops to its lowest when I'm sleeping What is this shit
Joseph Rogers
Nah, the proper response would be a freakout with a pink wojak. 7/10 made me reply. Bought some ancient chinese gold from etsy, it was a bargain!
Thanks guys. I've been stacking physical and looking to diversify into ETFs and mining stocks
Gregory Mannarino says that talk of YCC is a distraction, and that the bankers have already been manipulating the yield curve for months. Would make sense, because who would be stupid enough to buy treasuries right now and keep buying them as yields and the dollar are plunging to record lows. Yields nearly spiked to 1% at the beginning of May, but have been going down ever since; would make sense that the curve has been manipulated since then. They may be doing additional Q. E. in secret.
They don't actually have to implement ycc to get the effect. If they say they might implement it if the ten year yield gets too high, traders will buy it up because they have a put at 80bps of 1%. That's why yields have been falling, they intentionally gave an implicit limit order to the market. The Fed doesn't really care about yields further out than the 10y
