/pmg/ - Precious Metals General

I am. The post you're replying to was made in jest. That poster is most likely not a negro. A negro would have already procured a firearm illegally. Instead of posting

I need a gun...

he would have instead posted a picture of a stolen glock with a switch in it.

Im fully convinced that Platinum and Palladium are gonna moon to $2k and above before Silver breaks above $35.
Platinum looks like it's finally starting to break out of it's consolidation since 2021 and judging that Platinum held it's curreny pricepoint while silver sold off from 33.60 to 33.00, they're gonna breakout next.

Aaaaand filtered

Stackturds claim they filter, they never do. They want newbs to filter so they can be silverscammed and have their life ruined

10 years of pmg and stacktards have lost 40%

Bitcoiners gave made 108,000 % in ten years. Choose wisely

/stack(tard|turd)/i;stub:no
/rich from bitcoin/i;stub:no
/incel/i;stub:no
/silver (scam|er)/i;stub:no
/not buying silver/
/glut/i;stub:no
/xD/i;stub:no
/XD/i;stub:no
/kektop/i;stub:no
/ya'll/i;stub:no

Anyways, buying a 1oz Asahi next week.

Stacktards can't stop talking about the rich swiss guy who makes huge profits while silver scam victims get poorer. It's quite simple. Silver is a scam

swiss

Any real Swiss citizen would never spell Swiss with a lower case s

he's a peruvian favela monkey

He wishes. He's a harijan indian

Anons may disagree, but this is what real performance in gats and stacks looks like

Anons may disagree, but this is what real gluts in silver looks like

500 million ounce glut every year, instead of crying here stacktards should be buying 100 ounces per day or convince you family to buy 100 ounces. If you convince 13000 people to buy 100 ounces every day forever and blast it into space
the glut disappears

How many cripple coins do you have?

that's funny. never knew they came like that
only have one myself. I get one of each president if they present themself at the local coin shop.

none

remember: we are over the target
do not give in
do not surrender
keep. on. stacking.

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

all of those biden coins

none

Who do i normally go to to get a custom design?

Selling

How much?

The silver GLUT has INCREASED by almost 5 billion ounces in the last ten years. So basically they mine twice as much silver as industry needs and have to sell the rest to sheeple. That's why it's shilled. Big Silver is paying everyone on YouTube, redddit and pmg to scam depressed incels.

Big Diamond convinced sex havers to buy diamonds to get married

Big Silver convinced incels to buy silver to get a free virgin

Lmao both ultimately get destroyed

I got them for way under spot from a local seller so cringey as they are, cheap silver is cheap silver. No fuckin way am I ever buying cripples though, theyre basically the same cost as mercs so theres no point even if they were super cheap.

I got them for way under spot

Fair enough. i guess no one wanted them?

Yup, dude thought they'd be collectable (lol). I sold one of them to some anon here who did this with it a while back

more like chad coins

The silver GLUT has INCREASED by almost 5 billion ounces in the last ten years

Really? 160 million kilograms? When only 1.74 million kilograms has been discovered by humanity ever?
Make your lies believable.

kek!

can anybody say exactly what was built back better?

Just ignore it.
It’s scared.

Yup, dude thought they'd be collectable (lol).

Fucking how? No one gave a shit about him, not even his own admin and i can imagine he was irrelevant during obunga's reign too.

silver was 23 dollars a ounce in 2016 and yet over 30 ten years later, it's almost like shill tactics don't work on people who can read a basic price history chart
silence nonwhite.

racism and antisemitism sure did go way up, for whatever that's worth. The coins are funny in terms of how shitty biden looks at least

C'mon jack, you gotta hail the uh, h-hail hindenbur-uh, you know you heil uh, hey you know the thing!

I was until that laughable statement came up.
Jeet doesn't know physical limits and just throws around numbers without realizing that numbers mean something.

actually, i want one for the lulz…

dubs Czech’d

Your guess is as good as mine. Got em for something like 30% under spot. Dude was so salty that the election didn't make them go up immediately so he just sold for a substantial loss.

When only 1.74 million kilograms has been discovered by humanity ever?

that's 1.74 Billion, not million. A difference of 1000x.

don't know about his claim that 1/10 of the non-industrial silver ever mined was in the last 10 years. It seems unlikely since silver prices haven't made it worth mining since the 90's in most of the world. But he might be right, we're certainly mining far more silver now than people did in ancient times.

this same situation exists with gold, however.
In fact gold has even less industrial use than silver, and has still managed to increase 100x in price over the same time period that silver has gone up ~30x. This is tempered by availability, silver is about 8 times more common than gold in mines. So if we adjust for supply, silver has gone up closer to 240x for gold's 100x. But we can take half that silver and throw it away in tech and printing, and that puts silver's gains adjusted for supply closer to gold's, at a little over 100x.

The bigger problem is that silver has much more industrial demand, and we're not finding huge new deposits of it. Same problem with lots of metals. We're running out of new deposits and will soon start dipping back into old ones again. Use is increasing at the same time supply is decreasing.

He also left out the negative net total which would make his “surplus” even less.

IQ's bigger problem is that we might have 50 years worth of industrial use silver on hand in the form of coins, bars, jewelry, and decorations,
BUT that assumes demand doesn't increase even though it has consistently increased over the years,
AND he doesn't say what's going to happen to the price when we start dipping into investment silver to meet industrial demands. The price is obviously going to go up. But it's not going to go up linearly. It's probably going to go up exponentially as we run out.

the price isn't just going to double when we mop up half of the spare silver in the world. It's going up by factors of ten, or more.

That comp probably cost more than the HiPoint it's attached to

Exactly, the silver he refers to as "glut" (jewelry, coins, silverware) is only going to be accessible to industry at non-manipulated prices.

Industrial demand is only a part of the equation. Investment capital held in stocks and bonds can easily shift to the safety of physical possession PMs.
Most boomer portfolios are 1-2% invested in PMs. Even a simple reversion to the normal 5% of PMs would double the demand. And we're already running deficits.
What's the counter-argument here? It is inconceivable that silver is a bad investment.