I was about to buy some miners earlier this year but I felt something holding me back. Don't know if I was right (haven't really kept up with the prices) but I'll need more convincing on the miners at this point
Connor Perez
dummy!! post partial stack so we can say how lovely it is
I don't think we can know in advance what an appropriate sell price is. What you have to do is have a general idea at what price, right now, would be a compelling price for you to sell. As the PM approaches that price, you have to evaluate economic conditions as well as market sentiment to decide whether to sell or hang on.
In 2011, there was extreme bullishness on silver and that was an indicator sell.
At the moment, I will prepare to sell a portion of my silver (I have thousands of ounces) if it hits $45/ozt. Of course, as I said above, I must evaluate economic conditions and sentiment. If the USD totally goes to pot and it costs $20 for one chicken egg, then obviously $45/ozt is too low for silver. Likewise, if CPI, PPI, PCE are low and you have trolls all hyping silver, it's probably time to sell at least a portion. Likewise, one should sell or hedge one's mining stocks in such an environment.
Charles Powell
i really do enjoy laughing at all you pathetic silver stackers. i own a metals recycling company and i’ve been in the mining business for 30 years now. you people are the most pathetic i have seen in a long time. none of you will ever be as successful as me no matter how much worthless silver you have.
I guess the image viewer shows a compressed image, I took an image straight out of that. I don't mind though as the current resolution is more pleasant to view in the thread
Henry Myers
I really do appreciate these bait posts I don't think the original guy behind it has posted in forever
Jonathan Bell
debt is no problem. we just print more dollars. debt is a fiction. it only exists in your mind.
Carson Martinez
You can wipe the metadata and you can always set the stage in a way that makes it impossible to deduce location from the point of view. Also you can use a secure VPN if you're worried about somebody tracking down your IP or something silly like that.
Brandon Foster
I think with the mining stocks especially you have to think about what signs you're going to look for as sell signals. With mining stocks you have two intermediate steps to get from stock>dollar>PM> to assets. Whereas PMs are just PM>asset in the event of hyperinflation/hyperdeflation, and that seems to be what people are holding mining stocks and PMs for
Robert Young
> I don't think the original guy behind it has posted in forever Who? Big Bob? He shits up the thread every day now
Zachary Jenkins
Is Pretium a good mining stock?
Kevin Howard
How many of y'all are leafs? I feel like there's more leafs ITT than CANGEN
Isaiah Gutierrez
Also, are we really so sure that manipulation of price in terms of dollars won't prevent the price from mooning during that sort of scenario? If everybody is trying to get out of dollars then mining stocks will dump super fast from the peak assuming the spot price of PMs has increased and they have traced the movement without manipulation on either
Nathaniel Ramirez
True, the mining stocks are essentially a derivative of the PMs themselves. However, it is possible though highly unlikely that the management of a mining company are exceptionally skilled traders/macro economists and can hedge their production. I wouldn't count on it, though. That said, mining stocks are very easily sold and can be sold in a few seconds without much thought. Selling physical PMs one has in one's possession is more difficult, which I why I recommend everybody draft a plan for selling so when the time comes, they won't suffer some sort of paralysis by analysis.
Joseph Ross
Peace treaty edition.
Big coin post bros. I need help! These are my deceased fathers coins! No idea where to start. If you recognize anything please halp!
Leaf here. Tax on sovereigns makes me sad. I want a treasure chest full of them.
Wyatt Bailey
>order from SD bullion for the second time, nothing big, just a few ounces from the Black Friday sale > comes with a card: "Our mission is to glorify God through how we manage and serve our customers >quotes Psalm 62(NIV) Yup, definitely ordering from them again
Parker Collins
damn i really need a sterling chalice or something i can pour constitutional in
I didn't see the second half of your posting before posting my initial reply. My view is not as complicated as yours because I do not believe there will be a hyperinflation. This means that if I were to sell my mining stocks because a price target has been achieved, I would feel relatively comfortable holding cash.
I posted a series of long posts a few days ago that went into much more detail about this. The principal signal to sell a mining stock (assuming no fraud, mismanagement, or government interventions) would be the same signal for selling physical PMs. When the PMs are skyrocketing and everyone and his dog is hawking PMs as a way to get rich, it's time to sell or hedge one's PMs and mining stocks positions.
Ayden Gomez
Leaf here Sincerely considering just stacking junk US silver since it's more cost-effective, but I own sunshine mint and maple leaf stuff
Samuel Evans
A good production hedge for precious metals mining companies is simply put base metals. If pm's go down and the economy starts doing well base metals will go up thanks to industry. But for deflation? I don't think many companies hold short positions on 30-year treasuries
Julian Wright
I'm just distrustful of stocks because they are different from PMs in that PMs have two prices really, the spot price and the real price (man to man); Stocks can only be bought and sold digitally. PMs will always have the backdoor escape route of being able to sell to someone even though that would mean less liquidity whereas in a digital/online market you have access to pretty much anyone who would want to buy. So there's pros and cons, but I feel safer in PMs.
In terms of public acceptance of PMs, in my view that is going to be hyperinflationary because if the masses got so far off the reservation that they are starting to use gold and silver as money again the dollar paradigm will have lost substantial hold over their minds and therefore will be worth less
Jacob Reed
Where will the gold/silver ratio be in one year? Five years?
Aiden Adams
In other words, I think it's unlikely that people will think about their PMs as something to pawn off for dollars in the next crisis (if we're not already in one), they'll probably want to barter it commodity for commodity, asset for asset
Shit no one knows where it will be in 1-5 days man. I have had it with the tourists, this is not a shitcoin. Do not overextend yourself buying PM's, Try to buy the dips, buy what you can when you can and try to keep your cost per OZ as low as you can.
