/pmg/ - Precious Metals General

Fiat vs PMs Edition

Why precious metals?

youtu.be/i3S4rl6ehiI
youtu.be/gksenA5Al_A
youtu.be/FI7NnOg2rxo

Huge deficits in minerals such as silver by 2050 inevitable

youtu.be/iibsrDXdEos

Bullion dealers

libertycoin.com (US)
chards.co.uk (EU/UK)
silburycoins.co.uk (Ancient)
luciteria.com (Other rare metals)
more at:pastebin.com/gZfZHtNE

Numismatic search

ma-shops.com
en.numista.com/catalogue
ngccoin.com/price-guide/world

News and graphs

numismag.com/en/home-en
silverseek.com
silverdoctors.com
mining.com
silverbacksnakes.io/finance/silver
gold.org/goldhub/data/gold-reserves-by-country
wtfhappenedin1971.com

Compare

findbullionprices.com (US)
eu.compare.pm (EU)
gold.de/aufgeldtabelle (DE/EU)

Resources

jmbullion.com/ultimate-guide-to-90-silver-coins
kevinsworkbench.com/junksilverguide
coinflation.com
coinapps.com
erikasgrig.com/calculators/rpi-calculator-inflation
learn.apmex.com/buying-guide/buying-in-the-usa
pastebin.com/5aLmWUUK

Prospecting

youtu.be/ZCL6FKQZyoM
usgs.gov/programs/mineral-resources-program/science
mndm.gov.on.ca/en/news/mines-and-minerals
amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

Nitric acid, magnets, and ping test

youtu.be/3mg9YcAShTo
youtu.be/NgSXg-WOEVY
youtu.be/2ymGAyKAg-k
fakebullion.com/index.php/resources/fake-bullion-database

Previous Thread:

Are Krugs back on the map now that everyone is seething about South Africa?

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no jews/peruvians/Indians beyond this point

Kikes, niggers, spics, Indians, chinks are all against white men stacking silver
The Jannie’s specifically are against us stacking silver and that’s why they and their agents shill the thread.
They will ban me for racism but in truth, they ban me for revealing their kike nature.

The core goal of Big Silver is diverting 500 million ounces of annual production demand away from industry and into the hands of roasties and incels. Industry uses half of the 1 billion ounces mined each year. So that leaves roughly 11 ounces per year per roastie and incel in the United States from newly mined silver. Obviously each roastie cant be convinced to buy that much silver jewelry but fortunately incels are easily manipulated. Silver scambots and coin merchants spread the message that buying silver cures your incelism and turns you into a rich Chad. Dumb, but incels want to believe.11 ounces is doable to a white incel, roughly $500. Small fractions gets routed to incels worldwide but they aren'tthe intended victims. Big Silver gets grants from USAID and others to spread its message as not only do incels prop up the market, buying silver spiritually castrates them and renders them harmless. That is it. That is all that is left. So you can make incredible gains selling physical silver to incels given how frighteningly huge the silver to incel market is.

Rate my silver

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If you guys want, I can set up a decentralized chan for /pmg/ and just let you guys moderate it.

500 million ounces

Or .0625 ounces per person per year
HUGE surplus lmao

It would be cool yes
I’m about to go mental on the Jannie’s though because they think they are untouchable despite quite literally having their identity’s be public

Normal people don't want any silver

reminds me of the Harry Potter coin.

Most people own silver, they just aren't consciously aware of it.

IQ the Peruvian Jew

ever dream about being able to hold one of those without gloves?

If he's actually Peruvian then that's bullish.

why would that be bullish? expand

jannie is trannie, can only gibs bannie…

nothing but power tripping faggots, doing it for free

consume feces, jannoids

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0625 ounces per person per year

People don't really need silver at all if that's how much they use on average. But instead of shilling here why don't you try to increase demand it shouldn't be hard

Peru is one of the largest producers of silver in the world. I think it's currently number 2. Silver breaking out would unironically considerably raise the GDP of his country and improve the quality of life of his compatriots/move them out of 3rd world tier status, and yet he either doesn't seem to know about this (I doubt this), or he doesn't, care.

Silver @ $40+ would also probably significantly decrease immigration to the US from Mexico/South America, probably reduce crime/make things more peaceful.

But he doesn't care/doesn't want that to happen. Why do you think that is?

Why would silver break out?. If people are only using

.0625 ounces per person per year

It's not that important. Industry only uses it because it's cheap. Lmao $2 per person per year. If the price went to $75 (it wont) they would just use something else

I never imagined that I would ever be racist towards peruvians...

Why would silver break out?

Stagflationary recession.

peruvians don't know how to read data charts

In that scenario silver industrial use plummets silver demand from incels plummets as risk free returns from treasuries moons, incels and roasties sell all their silver to pay their bills etc. Silver probably drops to $10

You can’t just replace silver with something like copper.
Silver is the most conductive mane efficient metal.

and*

Are you retarded? I mean, I know you are, but still, why make it so obvious every time you post? That guy asked if 50oz was enough to make it, I said I consider $1M to be make it, which would require $20,000 an oz. I then said that was unrealistic, so the answer was probably not. If you really can't do basic arithmetic, why bother engaging with numbers in these threads? Just stick to name calling and you won't seem as obviously retarded to people who can do basic division.

The reason iq is now in the US (he lies he hasn't always been, obviously) is because his handlers are going to kill him as an example to the next shills they'll hire.

The entire point of buying silver is that a measly 200 ounces of silver is the equivalent of 1 million dollars today post reset. If you actually needed 1 million dollars in silver today to have the equivalent of 1 million dollars post reset it wouldn’t make any sense to even buy 1 single ounce of silver.

. If you actually needed 1 million dollars in silver today to have the equivalent of 1 million dollars post reset it wouldn’t make any sense to even buy 1 single ounce of silver.

That's why i own 0 silver. There will be no reset and it wouldn't matter anyway

Yeah, and then the Federal Reserve panics and turns on the money printer. Money printing during a stagflationary recession nukes fiat.

There will be no reset

Hopefully the ground beneath you is soft when they pull the rug.

IQ-Sama.. just tell us what you want. What did we do to you that makes you always lurk around this general.

Tell us and it'll be yours.

Poor countries are not poor due to lack of natural resources. Look at South Africa. They have the most concentrated mineral wealth on Earth and can barely keep the lights on. Contrast with Hong Kong. Essentially no natural resources at all, yet for many years they were the richest country in Asia.

If silver spikes, a handful of Peruvians will get rich and move away. The rest of the Peruvians will continue on as they are now.

I'm beginning to think that our little friend lacks the ability to do sequential/temporal reasoning.

Like I genuinely think that he can't imagine future events or come up with a logical sequence of tasks/events/procedures.

He probably doesn't even have any emergency food or water

He's probably on the younger side since he doesn't remember 2008. Definitely under 25

If the gay photo of him is real then he definitely can't go back home to live with his Indian parents.

What you're saying makes no sense and is, again, so retarded that I'm assuming you're being disingenuous. Either that or you are really bad at basic math and should refrain from discussions about investing.

1.) If 200 oz is going to appreciate from $6,600 (current) to $1M (what you said), that would be an appreciation of 151x, an absolutely insanely high amount of appreciation. While that would obviously be great, you're saying anything less than that makes it a bad investment. By your criteria there are no worthwhile investments, that's retarded. If you could get 5x from silver, that would still be an insanely good investment. 8% a year is considered a good investment by normies.

2.) You say that if silver did nothing other than hold its value post-reset, it wouldn't be worth buying. That's ridiculous, the whole idea of a "reset/collapse" of our financial system is that the current currency becomes worthless afterwards. If you're proposing that, in this hypothetical scenario, silver would maintain its value, that would be more than enough reason to buy it. Your dollars would go to zero anyway.

What ballpark price do you think silver will be in 2030?

Too hard to tell. Not because of silver potential but because of the Tbonds markets shitting the bed. Have you seen what happened with the last bonds round from the BoJ? Literally nobody is buying national debts anymore. Shit is radioactive. Only banks still do so but at gunpoint from governments.

That's something new in the markets. And it's very hard to price in. All we know is the currencies' depreciation will only further accelerate. So your question should be

at current purchasing power per dollar, how much silver will be worth in 2030?

And even worded this way it's a tricky question to answer. It will go up, that's a given, but by how much will really depends on 2 factors : new techs & institutional investors finally reconsidering it as a monetary metal.

$10 to $40

To sum it up yall get enraged if people don't shill buying physical silver, that's all you care about

Ok, that's fine. It's a copout but whatever. I think at least a 10x from the current price is reasonably within the realm of possibility when you consider all of the economic factors that you've described.

If 200 oz is going to appreciate from $6,600 (current) to $1M (what you said), that would be an appreciation of 151x, an absolutely insanely high amount of appreciation.

I didn’t realize you’d be autistic about my point. The point is the entire point of buying silver is so when there is a reset you level up, or the masses massively level down. Whichever…doesn’t matter.

Maybe silver goes to $100 and we have massive deflation. So you have $20,000 in silver but then we go back to prices in 1940. Oh look now I can buy 7 houses for my measly 200 ounce stack.

If the US can't refinance its debt then we go into weimar and the upside price is moot since it won't be able to actually purchase silver.

I buy silver not because I think it will moon and make me rich, but because I think that the dollar is going to die before I hit retirement age.

Good luck retiring on 1/2% per year. Lmao last year i made 148%, that's 300 years of returns on silver

I also have no plans to pay capital gains tax ever. I don't care who the IRS sends.

And this year making 90% ytd on sbsw, that's 180 years of returns on silver, a shit investment for incels.

Lmao Friday stackturds were saying hurrdurr Africa hurrdurr miners trapped. Lmao 90% in 5 months

You say that if silver did nothing other than hold its value post-reset, it wouldn't be worth buying. That's ridiculous, the whole idea of a "reset/collapse" of our financial system is that the current currency becomes worthless afterwards. If you're proposing that, in this hypothetical scenario, silver would maintain its value, that would be more than enough reason to buy it. Your dollars would go to zero anyway.

You are right. Sure, it’ll maintain your wealth in the current paradigm, and that’s fine, but that’s not necessarily the main goal in buying.

I read a lot of these idiots silver comments on YouTube or wherever and they are like…

well I got $30k in silver so when hyperinflation happens I got about 6 months before I run out.

What are you dumbfucks even saying? If hyperinflation happens and everyone is broke as shit. Do you think you are going to be taking your silver dimes to go for your drive thru Frappuccino at Starbucks as Main Street is melting down and roving gangs are raping chicks in the street?

I’ve never heard a compelling argument for why silver is a good investment over gold or Bitcoin.

I know silver is a bad buy because stackers unironically try to pass off shit like this as an investment

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Maybe because it’s the most useful commodity on the planet besides oil.

stackers

Dealers.

Lmao it's got 3 cents of silver embedded. Props to the guy selling them to these idiots

1/1000th oz

lol, there is more silver in my keyboard.

Do you think you are going to be taking your silver dimes to go for your drive thru Frappuccino at Starbucks as Main Street is melting down and roving gangs are raping chicks in the street?

No, I've never said that, don't think I've seen anyone say that on /pmg/ either. Maybe try lurking for a while before posting.

That's why i own 0 silver.

You don't own anything.

I think it will be at least triple digits by then, I'll be bold and say $150, with the potential to be much higher, like around $400, if we're really lucky. I don't have any evidence for these numbers, just considering the Basel III implications, and the way China and European countries are moving more towards metal. Things are really unpredictable right now, who really knows. We might be full on de-dollared by 2030, if things go crazy, but I wouldn't bet my life savings on it.

PM's are just a hedge agaist inflation and locking in wealth thats it

oy vey!

the never ending, simple minded retorts from a swiss-peruvian-dalit…

y’all’s gettin trolled by concern troll, carry on
as always trannie jannie, kudos

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We also think this is retarded.

You can do that in 11 states.

I, glad i got rich on stocks and richer with bitcoin. Lmao stacktards after 10 years of pmg noone has even made a profit

Born as a Georgian

too poor to live in another state

IIRC Florida and Missouri are currently passing legislation to make gold/silver legal tender as well.

no one is going to accept your metal bars

Obviously, that's why I have coins that everyone recognizes, and bills that have a QR code that explains the concept and shows the exchange rates.

So then in a hyperinflation event your only even 50 ounces of silver is going to allow you to level up. Arent there reports of an ounce of silver buying to a months worth of groceries in places like Venezuela?

If you think you need 1,000 ounces of silver to feel secure you are fucked in the head. How many Americans do you realistically think have 1,000 ounces of physical silver? For every 1,000 people out there who actually own at least 100 ounces of silver, how many of them you think have 1,000 ounces? I’d guess maybe 3?

I don’t think the top top people can shut out 99% of the masses. I think gold will go up and that will be unobtainable and then silver will go up to $100-$200 and then the public will come into silver but they’ll only be able to get 100 ounces tops more or less. Then there’s a reset and the 10% of the public that was able to get a measly 100 ounces of silver make up the baseline for the new well to do’s which is a lot less people than well to do’s now.

Don’t you get tired of repeating te same bullshit over and over?
If you’re going to shill, at least level up and come up with some better shit.

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Gold/Silver backs in general are poopoo'd here, nobody really recommends them outside of owning a novelty.

Oh, and for places that don't accept metal I just use the debit card. I can go to an ATM and get fiat if they don't take cards.

Hopefully the ground beneath you is soft when they pull the rug.

Doesn't matter how soft the ground is when you're on a flying carpet 20,000 feet in the air, listening to blue demons.

They're easily the least efficient way to stack physical metal. I buy them because I go to legal tender states regularly.

Oh, quick disclaimer, I also basically get them for free, so I don't really care about the premiums.

Has a stacktard ever in the history of pmg made a good post?

Lmao stackturds claim gold and silver are legal tender but exactly 0 people use it because it's not legal tender anywhere

Maybe because it’s the most useful commodity on the planet besides oil.

Correction:
Moar patented uses than even oil. Don't even get me started on the classified energy uses.

iq, i genuinely wish for your death. i want you to get cancer or for someone you care about to get cancer and it eats them in front of you

When it gets cornered and called out for it's bullshit it just resorts back to it's catch phrases like it wasn't just completely btfo by the thread

It's truly pathetic.

Don't even get me started

Spill it.

I don't think it's a real person, i think it's a LLM

That's it

yeah okay and the collapse of the country that literally split the atom and patrols the world's oceans and extradites people for committing violent crime anywhere in the world back to face justice... the place with the largest capital markets, stock market... this country facing the greatest threat to its integrity and existence in its' entire history that's just whatever?
You don't think maybe Precious Metals might have a fuckload of buying power if shit hits the fan globally in a massive way because the USA eats a debt default sandwhich for a decade or more?
Everybody is taking life itself for granted right now. The fact you and I are arguing on this estonian basket weaving forum is evidence of just how fucking important the USA to the world, including china which happens to produce literally everything now except freedom because god forbid people be allowed to do what they want and form capital without it being on some state run errand.
This is not a simple trade man, we could have massive famine; what's the purchasing power of a jar of pickles to a guy that has skipped every lunch and dinner for the last two weeks?

Modern society couldn't function without it. A meaningful silver shortage would unironically be apocalyptic. I'm not even being hyperbolic.

An LLM would make fewer grammatical errors, unless this one is specifically programmed to be retarded.

youtu.be/d696t3yALAY

I need to date a based witch who can curse IQ for me.

The way for pmg to win is make a profit. Why won't they do that? I even tell them how and they refuse

What is the chemical process that occurs when pure hydrogen peroxide is catalyzed with silver?
Is any silver consumed?
The resulting reaction produces what? How? If controlled and contained in a pressure vessel, could it be harnessed and utilized?
I say "if" because this is purely academic, and you understand, there's no patents published. None that are public knowledge that is, yet exothermic reactions resulting in the change of state from a liquid expansion of 1700x's while also carving off a hydrogen atom as a free radical and producing quite a heated environment all of which could be used for both kinetic turbine work as well as combustion while not loosing anything to the process in consumption that all of the basic elements/compounds could become reconstituted seems like something that would/should be classified.

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I think the average anon here probably has between 200 to 500 ounces

The amount of anons here that have 1000 ounces you could probably count on a single hand

IQ makes /pmg/ seethe because he gets at a truth few here admit: silver grossly underperforms inflation and has been a terrible investment for the last 50 years

Oil useful but is a trash investment and unholdable, also industrial utility doesnt equal monetary utility
schizophrenic namefag
This is a hyperbolic scenario though, and still doesnt impact silvers monetary utility

Kike?
Perhaps Chabad leader?

Silver baggie, namefag, and poor. I wouldn't want to be you.

poorfag

this is what real wealth looks like

reel wealf.jpg - 1080x939, 171.13K

Ask yourself why they are so scared to learn that silver is a bad investment.

If you owned any investment and learned the fundamentals were terrible you would be overjoyed to learn it was a scam. That way you could sell and move on.

That teaches us that pmg is a silver scammer shilling operation. It exists only to scam people.

And you don't just lose your money you lose your life. Look how the scam victims act if you disagree with that. Bitter, depressed, incel doomers muh world is collapsing. Yes it is, lmao because you bought silver

By definition a catalyst is never consumed.

you've got lots of processes like this. If you add nitric acid to that process, you can recover the silver and the nitric acid.

but the heat produced is just a release of the energy you spent making the peroxide and nitric acid and pure silver in the first place, right?

you're not gaining anything. You're storing energy in the form of chemicals and then releasing it by combining them. It's not infinite energy, you had to spend energy to produce the silver, peroxide, nitric, glass, etc.

basically the reaction produces less energy than you put in. It releases it all at once, but energy is lost. It's a net loss of energy.

That's the whole point. The credit system has everyone looking towards corporations and financial systems with their hands out saying, "Hey! You owe me!"
The problem is we are hitting a level of indebtedness that should not even be possible. More and more people are trying to retire on the back of these establishments demanding an upper-middle class life of leisure.

"I paid into it, I deserve these benefits

That's not exactly the issue anymore. When all of the economy's capital gets funneled to the U.S. Government and they start giving away billions and trillions of dollars away to fight wars then they don't exactly have anything to pay you back (plus interest). The money is gone and there is more and more "slippage" in the budget every year that goes by.
The value that precious metals offers is actually a novel idea. You put your investment capital in to capital assets that do not have counterparty risk. The people who will lose the most are those who are unable to adapt to the changing paradigm as economic losses are actualized. The government and the economy will not be able to deliver the lifestyle it promised you as you were paying in to it. Stackers are basically making the decision to walk away from the enticement of interest, dividends and basis points and opt to just own wealth. Even earning 10% per year on your money might look pretty silly if credit values collapse and everyone takes an 80% loss on the chin. Trouble in financial markets will lead to monetary debasement which is exactly why you will want to be out of the system as a single law of the universe must be abided: All debts are paid. Economic losses will be suffered by those invested in the credit system and that will necessarily lead to a transfer of wealth for those who own wealth. For this to not be true it would mean there is some sort of mechanism accessible to banking and finance that can actually create wealth from nothing. This is not physically possible.

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Thoughts on this? Lads?

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Line go up?

why line go up?

Wow, up 5% in a year with 4.5% inflation...lmao nothing dumber or poorer than a stacktard

anyone been paying attention to the klarna losses?
how financially stable can people be, if they need to pay for meal in 4 installments?
defo related to biz/finance

Things are going ahead of schedule why do you think the shilling is at an all time high here lol. Shits about to go down.

Very up

Oh, you ain't seen nothing yet, I remember the 80's and black Monday. That's a hiccup compared to the inevitable conclusion.

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but the heat produced is just a release of the energy you spent making the peroxide and nitric acid and pure silver in the first place, right?

Is it? It produces water in the form of steam and heat by shearing off the extra hydrogen atom.
How hard is the recombinant of hydrogen peroxide? Do a little studying about the energy required bs the energy release.
Now factor in the pressure vessel and think tesla vapor turbine.

you're not gaining anything. You're storing energy in the form of chemicals and then releasing it by combining them. It's not infinite energy, you had to spend energy to produce the silver, peroxide, nitric, glass, etc.

It's not a disagreement here. Obviously, entropy exists, but the gain is without diminishing fuels for combustion that can not be reclaimed and recombinant. And the ability to throttle and control the reaction from miniature to megalithic based on the expansion of water to steam which is time tested and reliability the most powerful controllable kinetic energy still under supplemented or replaced to this day since the beginning of the individual revolution. You understand there's none chemical processes to rehydoridze the condensate correct?

Hey guys broke retards who can't pay for last weeks McDonald's will buy our silver. Good news baggies

Here's a (you) so that the next time you take the bus over to get your mcslop you don't have to use klarna

Favorite fractional gold?

easily this

IMG_0181.jpg - 1073x1011, 325.43K

Peruvian gold

Why couldn't you have just gotten swiss on this sandwich so "swiss guy here" could be you getting referenced as the "swiss guy" from workers there. So close and you have to fuck it up.

Everyone else there eating with company.

IQ eating his slop alone.

You almost feel bad for this guy

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You almost feel bad for this guy

Almost, but not quite.

None because the premiums on factional gold suck. 1/4 is the only fractional i would ever consider owning.

I'd get the elephant because, pretty, but should get the random because better value

Elephant was basically just for that reason, and because they're 20mm and not the normal 16/16.5