new fags= people new to chan,ussualy plebbitors who try to act like they own the place,if your a new stacker only then u are not like them ,new sackers are new frens.
so the Canadian centennial quarter is said to be eater 50% or 80% silver.both purity were made i believe.but in my web searched i have not found a way to tell them apart.any body know a way to test which purity on of these coins is?
Josiah Cox
How low do you think it'll spike to? 25.83 was the last recent support (I believe)
Joshua Cruz
OK /pmg/ I has a chat with an acquaintance of mine, a Russian who works in mining (in the US, not Russia). We had a conversation about mining, stocks, etc. and I thought I'd share what he said because I'd like to see what you think of it.
>Mining is the most hyperconservative industry because it’s so challenging and unpredictable. Extremely capital intensive - you have to dish out a billion dollars just to start an operation. And it might be unprofitable. It will likely be unprofitable.
>Never invest into mining unless you know exactly what you’re doing. I’m half invested in mining company stocks and half in stuff like Canadian banks or Lufthansa. Huge mining returns if you buy low but huge losses if you buy high. It’s a cyclical industry so it can be timed.
>Basically [I] bought barrick way before it was popularized by Buffet, just because their CEO is so incredibly sharp and knows what he’s doing. Once Bristow dies or retires I’m selling all my barrick stock.
>Don’t buy metals would be my advice but I may be wrong. It’s a cyclical industry and metals are very high right now. [If you do buy] my advice would be impala platinum, the metal is like 28 times more rare than gold but trades at 900$/Oz. And implats is solid. Who knows you might still lose money or make huge returns.
>Gold is the classic mans hedge. Silver is the greedy mans dream. Silver is extremely abundant and it’s price doubled in the last year. Silver is very abundant - and it’s extremely speculative because of that. Be careful.
>The best cheapest metals investment today would be platinum. Platinum is much more rare than gold and it’s so cheap today - I think it’s a good deal. Sure the downside is that you’re putting your money on South Africa which is a third world country, but they have very good deposits and European expats mining them.
Thoughts?
Alexander Nguyen
All the markets beside London and New York are completely irrelevant and not even worth monitoring
William Perez
>first day on Zig Forums "where all the anime grills at?"
Hey guys, I made a thread about this but biz at large didn’t help. How do I get a salary over 40k a year with no outside support? I’m making 19k right now. I have an iq of 85.
Alright, starting to get a little antsy. I made my first investment, 100oz of 1oz 2020 Silver Kangaroos this week. I bought them from Goldsilver.be because it was the cheapest dealer. So I decided to open up one of the four platic tubes the coins came in to test the coins inside.
Magnet test - negative // very good Weight test - unconclusive // some of the coins weigh a little more than the others and every one of them weighs a little more than one ounce (they either weigh 1.005oz or 1.010oz according to the scale I'm using) 'Ping' test - scared // watched a Backyard Bullion video with beautiful, resonating 'ping' sounds heard all around. My 2020 Kangaroos resonate very little compared to his coins.
I'm going to go to a jewellery store to get them checked just in case. I'm going to be pissed if they turn out to be fake!
>Don’t buy metals would be my advice hmm sounds like jewish tricks
Gavin Gomez
do you have any skills?plumbing auto cooking ?building something?
Jackson Davis
Make me a 6k cart of the silver you suggest a new fag should buy. Snap a pic.
Jackson Lewis
I really don't think that's true
Every 'major' price movement day over the past 2 months has been predicated by either support levels being found / bullish bearish momentum that started in JPX, SSE, HKEX, SZSE, & BSE
I agree with you that the period from 9:30-11:30 LSE / NYSE overlap is the most important, but it is foolish to disregard >22 trillion cap markets
Aiden Johnson
Silver is extremely abundant? That is counter to almost everything else I've read. I'm not saying he is wrong, but I'd like to know what he is basing this statement on.
Xavier Ramirez
I'm 2 years into kitchen labor, I could claw my way up the hierarchy there and be making 50k in 7 years (when I'm 30). Corona virus really hit the industry hard though. I guess I like the idea of being a chef because I don't think chefs (the guys in charge of what ingredients are used, how food is plated) will be automated as fast as waiters and cooks will. It's just got a low salary cap compared to other skilled labour with 60 hour work weeks, and restaurants are notoriously hard to own and operate and make profit from.
Daniel Walker
Learn sales and get a job in B2B or as a remote SDR. A lot of sales are borderline braindead idiots but make 100k+
Andrew Gutierrez
Oh also the salary won't be over 30k a year until I land my self a position where I'm in charge.
Connor Stewart
I respectfully disagreed with him on that one, but I think he is referring to the natural resource anyway. Silver is certainly much rarer in its refined form.
Bentley Gutierrez
I do enjoy interacting with people, maybe I'd like sales. I don't know what B2B or SDR entails but being a car salesman always seemed pretty fun.
Though like I said "no outside help" I don't have a car or anyone who will let me use one to learn/get a license with.
Hudson Wood
Maybe real estate broker? If you live in an area with good public transport it might work.
Tyler James
Do hookers accept copper bars?
Carter Perry
>Why yes, l shitpost on Armslist how could you tell?
The public transport isn't too good but I'm pretty good on a bicycle.
Nathan Campbell
>Don’t buy metals would be my advice but I may be wrong. You are. >It’s a cyclical industry and metals are very high right now. I don't even know where to begin to dismantle this argument. I guess all I need to say for now is BRRRRRRR and the Debt Trap that all the Countries are in. >my advice would be impala platinum, the metal is like 28 times more rare than gold but trades at 900$/Oz There is a reason the price dumped, we simply don't need it that much anymore, it was replaced. >Silver is extremely abundant and it’s price doubled in the last year. Silver is very abundant - and it’s extremely speculative because of that. Overall there is about 20x more silver than gold on our planet. So gold to silver ratio is extremely out of balance right now. The technological progress also pushes the silver to be more and more valuable.
I don't own a single once of platinum, I don't believe in this metal, Palladium dabs on it so hard, even when it's overpriced. Maybe I'm wrong, but I'm not gonna wait for 50 years to find out.
user, this is the classic "asking a carpenter for roulette advice" situation.
Jeremiah Rodriguez
For any gdx/gdxj fags
>Gold, GDX and GDXJ have been trading in a sideways range in recent weeks. A break to the downside could bring us very close to a buying opportunity. Gold closed the week at $1948. A daily close below $1920 risks a drop to the low $1800s. If this plays out and we get GDX and GDXJ down to $37 and $51 then it will be a chance to be a strong buyer, not just an accumulator with half positions. It’s possible we go a bit lower than that. The 200-dma’s and 38% retracements are lower than $37 and $51.
>This sector made a historic move in only 4 months. It’s among the best ever in a 4 month period. In 2008-2009 the rebound wasn’t quite as strong and GDX and GDXJ corrected for only two months while Gold corrected for five. It’s going to take a little more time for the market to find its equilibrium before the trend turns higher again.
>Japanese silver 620$ for 20 rounds >Mixed generican 601$ for 20 rounds Am I a weeb for wanting to buy Asahi? Costs slightly more but they're so minimalist and pretty.