I wouldn't buy anything that's Made in China. Don't want to support the Regime that we go to war with in the next few years. They will burn, we will pillage their resources, the world will become a better place.
Kayden Rodriguez
then, after we stiff ourselfs with sandwichs, chil dogs, and pizza that we cant move
War with China won’t happen US and China need each other its a love hate relationship. Biden will probably win and cuck to China
Ayden Jenkins
I got a warning from the mods this morning for replying to the anti-physical shill. They also caused /pmg/ threads to disappear for me all day. The APS has now changed his strategy to shilling for Naziism, in order to discredit us. He posted his usual "first for Hitler" comment, and was promoting Nazi ideology; I posted the usual information from Mises.org to counteract him. Let this be a lesson. If you answer him, you may get warned or banned yourself. If the moderators are actually deciding to do their job now, then simply report the APS and let them ban him; be wary of getting caught in the crossfire.
P. S. If anybody doubts that the Nazi-promoter and APS are the same, simply look at the writing style and the anti-semitism common to both. I archived all the shill's posts; here are a few random examples to prove this:
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Yes buy the ones that are going to zero. Enrich shlomo
>Cant pay a $28 loan fee >Brags about paying a $423 premium to shlomo
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Humble ending if you get shlomoed on premiums
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Xavier Sanders
Monetary meaning it is used as money. People are referring to what metals have been used as money. All of them to some extent, but nothing close to gold and silver, and then copper for the poor. Has platinum coinage ever been used widely as a means of exchange? Just because a metal is precious or valuable doesn't mean it's suited for the role of money. Personally, when I think of platinum and palladium, I think of valuable industrial metals. Despite silver and gold also having industrial use, the majority of human history has seen them primarily used as money or decorative craftwork to display wealth.
Motherfucker, what the fuck is his deal? Why can't he just fuck off to LINK threads?
Alexander Walker
yukari better be careful with the ice cream or she is going to get fat. More
Grayson Gonzalez
First time getting them. I had a bunch of the old style 1 oz and 2 oz Monarch poured bars, but I sold them a few years ago when I bought a house and needed to fund some work on it and liquidated a sizable chunk of my stack. Looking forward to these.
Angel Reyes
Don't bother, it's his new schtick.
Jackson Richardson
those ice cream sandwichs are crazy almost impossible to eat just one. i can eat 3 or 4 i a row like it was nothing. i could probably eat a dozen in one sitting
I'll buy some near the end of the market close. I'll toss a hundred or two in there.
Oliver Mitchell
DAILY COMEX UPDATE
Open Interest on September Silver is 89,872
89,872 x 5,000 = 449,360,000 toz 449,360,000 toz of silver still not rolled to December and potentially standing for deliver 10 more trading days to go until notices of delivery
Nice. I have a nice stack of a variety of sizes from Monarch. 1oz bars, 2oz chunkies, 3oz bars and a 10oz bar. All really nice, just love the hand poured aesthetic (and that they’ve never once charged me sales tax).
Kevin Garcia
This is an off topic post, jannies gonna ban this user?
Grayson Scott
So it was a big nothingburger. Watch it shrink 10 times now.
James Parker
yeah just in here selling premium on overpriced SLV calls
For those who are new and unsure of why PMs are rallying:
Fed is likely to change policies in an upcoming meeting to institute steeper negative real interest rates. High inflation + low interest rates = negative real yields.
I wish I could understand the American Economy better sometimes, like... what will happen if they do that 1 year from now, or 5 years from now. Or how a Normie should benefit from it to get some free cashflow with their capital.
Connor Bennett
How does this play out in normal months? My understanding is that someone who wants settlement will keep the contracts open for the current month (not closing the position or rolling over to another month). Is there an unusually large amount of open interest for this late in the month?
Jeremiah Thompson
TDA charges around a 6 dollar fee since it's a penny stock. 5% trailing stop loss sounds good?
Luke Anderson
FUCK. Sorry. That was prelim data. I didn't check, but now the final number from Thursday is out. It went u from prelims.
DAILY COMEX UPDATE
Open Interest on September Silver is 91,009
91,009 x 5,000 = 455,045,000 toz 455,045,000 toz of silver still not rolled to December and potentially standing for deliver 10 more trading days to go until notices of delivery
>Has platinum coinage ever been used widely as a means of exchange? Widely? Not really, only 4 million coins were minted. But it is still something. Other metals like tungsten, lead, haven't been minted at all. I get your point, aluminum was widely used as money in coins, but is industrial. Still somehow this "monetary metals" phrase seems false to me. Copper was used as money for maybe longer than gold. Using this phrase seems very dishonest.
The picture showing my warning has now been deleted. Let it be known that I did not delete the picture myself.
Tyler Foster
Fuck yea
Wyatt Walker
USD goes to zero. That's what happens.
Lincoln Phillips
It's not a word with a fixed definition, it's a combination of two words with mostly-fixed definitions, so there's room for subjectivity. I want to buy some platinum but I see it as an industrial/scientific metal. Trade a 1/2oz bar to to a chemical lab in exchange for some nufood when the farms are all gone kinda thing.
Noah Edwards
What the Fed has done traditionally to lower yields is to change the fed funds overnight rate. That is short term only, but it influences yields of longer term maturity. QE was basically a limited attempt to impact longer term yields directly since the fed funds rate was already at zero. They said they would buy $X amount of bonds to put down ward pressure on longer term yields. YCC is QE infinity in that they have a rate target, not a dollar target. So they will print and spend whatever it takes to keep longer term yields below their target rates. Serious currency debasement.
The last time we did this was in the 40s and 50s, That is the last time we had a debt to GDP this high. Back then it was due to the depression spending and WWII. We inflated the debt away. Things are obviously different now, but they will be attempting to do the same thing this time to get the debt's real value to something more manageable.
This means hold physical gold and silver, but not as financial advice. If they are successful in this and they prevent a deflationary crash, it means all assets are going to moon in nominal terms. I think we may see DOW 60,000, but that doesn't mean the real value has doubled. Basically, assets are going up, wages and debt will be inflated down, and the wealth divide will widen even more.
James Collins
nice, they look like silver soap
Asher Morris
Another 10 x silver krugs arrived this morning. I love these coins!
Brandon Hall
For a precious metal to be a monetary metal it has to have a high stock to flow ratio. This means that the total supply will be stable and will not fluctuate much with changes in how much is mined or how much is used. Only good and silver have this property. And really, gold is significantly better than silver.
I have 6 grams of plat because why the hell not but the premiums are huge so I only bought when it was a few bucks over spot. I could probably sell it for twice what I paid for it which is nice.
Justin Morris
Trailings with this one are tricky. I have my 1st tranche set at 2.25. No trails for me.
Yeah I would for sure love to have an oz of platinum just to be safe and have some on the off chance it might be useful one day but i don't see a reason to buy loads of it
Connor King
Thanks, I've stopped stacking after I got to 10oz of gold and 1200oz of silver. Now I'll focus on some good Crypto projects, miner stocks and a few blue chips. So if what you're saying is gonna happen, we will have a Market Correction, but not a complete crash? This is crazy, you can't just print the debt away.
