4chan-datasets / biz /54597361.txt
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Tue Apr 18 03:11:54 UTC 2023
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--- 54597361
Weekend edition
Commodities include
>Precious metals
Gold, Silver, Platinum group metals
>Energy
Oil, Natural Gas, Uranium, Coal
>Base Metals
Copper, Iron ore, Nickel, Lithium, Cobalt, Zinc, Lead
>Others
Water, Agricultural, Salt
More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
Steer Clear List
https://pastebin.com/V571vwse
News Sources
https://pastebin.com/bQFESpBL
>Youtube channels to follow
Palisade Gold Radio, Mining Stocks Education, Sprott Money, Goldsilver pros (Rob Kientz), Finding Value Finance, Gregory Mannarino, Peter Schiff, Macro Voices, Crux Investor
>Canadian junior press releases
https://twitter.com/JrMiningNetwork
>Newsfeed
https://twitter.com/zerohedge
>What is Austrian economics?
https://mises.org/what-austrian-economics
>Austrian economics books
What has government done to our money (Rothbard), The mystery of banking (Rothbard), and Profit & Loss (Mises)
Previous: >>54569768 →
--- 54597462
thank you for baking!
https://www.mining.com/web/glencores-nagle-says-hell-meet-teck-ceo-anywhere-to-talk-bid/
Loads of rumblings around TECK and Glencore at the moment.
--- 54598019
News from Seabridge if anyone is interested
https://www.interior-news.com/news/seabridge-gold-sets-sights-on-major-expansion-in-b-c-s-golden-triangle-in-2023/
--- 54598381
What is HH doing in Japan without us?
--- 54598511
>>54598381
Regrouping with Irving management, trying to brainstorm how best to shill their bags.
--- 54599498
>>54598381
Ladyboys? Amimecon? Furry convention?
--- 54599777
>>54597462
What do we reckon then? I'd be very surprised to see them merge within the next 5 years.
--- 54600228
For me it's Avino Gold & Silver Mines.
--- 54600524
Gold and silver are useless garbage that lose to inflation and don't pay interest and dividends.
You know what's not garbage, emerging market oil companies. EC and PBR and PBR.A trade for 1 to 3 times earnings and pay 30% dividends. Of course some people prefer worthless boomer rocks because they are shiny. Suit yourself.
--- 54600534
>>54600524
--- 54600717
I was just reminded btc did a 2x since Jan and now I am upset.
--- 54600760
>>54600524
I like these oil companies but I ain’t buying at these prices, they will sink like rocks in the recession and I’ll scoop up some cheap deals then for the long term
--- 54601103
>>54600534
Look at that gold has returned nothing in the last ten years
--- 54601249
>>54601103
And it will make up for that in the next ten. Your retarded brain can't handle being wrong, cherrypicking timeline can make everything looks bad.
Most importantly, what make you think we give a shit about your opinion Mr. Billionnaire ?
--- 54601417
>>54600524
Petrobras and other state-owned oil companies have the issue that their loyalty often does not reside on the shareholders. They are a prime target for politicians.
--- 54601718
>>54598381
>>54598511
>>54599498
--- 54601944
>>54601718
the more I learn about Japan the more degenerate and sick their culture seems
--- 54602302
>>54601718
Where do I experience this?
--- 54602335
>>54601944
I’m with this guy
--- 54602357
>>54601718
I want the flat chested one of the one at the end on the verge of tears that doesnt want to be there
--- 54602614
>>54601944
>>54602302
>>54602335
>>54602357
--- 54602637
>>54602302
ask HH
--- 54602727
https://www.reuters.com/world/africa/heavy-gunfire-heard-south-sudanese-capital-khartoum-witnesses-2023-04-15
well Sudan's just gone and had a coup, another african nation destabilizing. Egypt might get involved too.
--- 54602776
>>54601103
Bye
--- 54602786
>>54602727
It's once again a good idea to take a good long hard look at any Africa based mining investments, especially near these shitshow countries.
It's a total coin flip whether unrest like this spreads to neighboring nations, if some rebel group gets into power and starts chimping out at their neighbors.
Stuff is going to get really precarious now that there's a massive rush to gain foothold in Africa by both the West and the East.
You can bet that both sides are funding the hell out of their own interest serving groups over there and will try to destabilize nations where one major power has gained favor with the state.
It really seems like the only sensible places to invest in are US and Canada.
--- 54602836
>>54602786
I should have mentioned, Sudan's gov was overthrown in 2021 by the army, now the army is getting overthrown by the army. Ah africa, never change.
Egypt will likely have to get involved as its getting sketchy on the border, lots of banditry and attacks on tourism, thats no good for business.
--- 54602888
>>54602786
>muh Africa scary
investment opportunity for people who bother doing their due diligence
--- 54602963
>>54602836
Tale as old as time over there. Running a stable society in Africa even for 20 years seems like an impossible task to pull off.
Just wait until some African nation in the middle of a crucial trade route gets destabilized and the foreign aid and general food shipments to multiple nations start getting screwed with.
>>54602888
Due diligence doesn't mean a single shit when the local warlord Matumbo gets few million and guns from some alphabet entity and starts waging rebellion against the state.
This can happen in pretty much every single African nation at this point and it's only going to get worse as the rush for dominance in Africa from US,EU and Chinks accelerates.
--- 54602984
>>54602888
Enjoy those niggers anon
--- 54602998
>>54602963
There are a number of fairly successful countries which buck the trend, like Kenya or Tanzania. Corruption is the major issue over on that continent, nations cant function when every official is taking a chunk for themselves.
--- 54603000
>>54602769
>>54602614
>we make it and move to japan
>get assassinated by kunoichi
>>54602786
>>54602836
>>54602888
Gonna take profit on all my africa central south american tickers first. Not taking a chance.
--- 54603006
>>54602963
>he is incapable of evaluating political risk and thinks they materialize without warning
it's part of the due diligence process. Things take time to happen.
>>54602984
I will thank you, along with the profits.
>>54603000
Sell it all mate
--- 54603052
>>54603006
I'll be laughing. Look for me. I'll be the guy laughing
--- 54603265
>>54603052
Laughing at what?
--- 54603386
>>54603000
>3000
checked, $3k Gold & Japan wagmi confirmed
--- 54603458
>>54603386
Why anybody would want to live in Japan is beyond comprehension.
--- 54603500
>>54603265
>Laughing at what?
Niggers
--- 54603537
>>54603458
the glass is always gleener
--- 54603580
>>54603537
kek
--- 54603592
>>54603458
same for me with america
--- 54603631
>>54600524
Just wait until Lula nationalizes you.
--- 54604083
>>54603631
It's kind of nationalized already no? The big risk for companies like Petrobras is having to take one for "the team" i.e. something crazy like having to lower prices artificially or having to pay an insane tax rate, all so that politicians can appease the voters
--- 54604128
https://biv.com/article/2023/04/artemis-buys-mine-fleet-blackwater-mine
>B.C.’s newest greenfield gold mine – the Blackwater mine near Prince George – has marked another milestone with the purchase of $134 million worth of mine trucks, graders and other heavy equipment.
>Artemis Gold Inc. (TSX-V:ARTG) is ramping up construction on the new open-pit gold mine, which the company has projected will be in production by the second half of 2024.
>Artemis today announced its has put in a purchase order with Finning Canada for a new mining fleet.
>“It is another milestone in our plans to develop the mine and prepare for operations in H2 2024,”Artemis Gold CEO Steven Dean said in a press release.
>The equipment ordered includes Caterpillar excavators, dozers, graders, front-end loaders and haul trucks. The total purchase order is worth $134 million, the company said. The company has the option to buy zero-emission haul trucks later this decade for fleet expansions.
>“As part of the envisaged future fleet expansion the company has the option to purchase zero emission haul trucks currently under development for shipments beginning in 2029,” the company said. “The transition to a zero-emission haulage fleet will substantially reduce the mine’s carbon footprint. That combined with the mine’s electrified processing facility and infrastructure will create the potential to achieve net-zero carbon emissions.”
>The company is expecting to start taking deliveries of equipment and vehicles late in the fourth quarter this year.
>“The entire fleet is expected be ‘shovel ready' during the second half of 2024 … to meet Artemis Gold’s operational readiness objectives,” the company said.
>With an initial capital cost of $645 million – and up to $1.4 billion total over a 22-year mine life – Artemis Gold’s Blackwater open-pit gold mine south of Vanderhoof will be largest new mine built in the region in more than a decade.
--- 54604254
>>54604128
yep this is a huge deal for the BC interior, Artemis is planning on hosting a bunch of job fairs around Vanderhoof, Prince George, Quesnel, Fort St John and many other communities. They need hundreds of men for mine construction and operations in the coming years. Too bad it took nearly 20 years to get this project off the exploration phase.
--- 54604274
Is Silver Elephant Mining worth a punt or is it a complete turd?
--- 54604342
>>54604274
its a fraud, blacklist that company and CEO.
--- 54604368
>>54603458
Yeah, clearly Africa is better. Just do your DD before you move.
--- 54604392
>>54604368
Why would I want to live in Africa either?
--- 54604393
>>54604274
>>54604342
Don't they have a very shady gook CEO? Don Durrett is about the only person who still pumps this company.
--- 54604404
>>54604393
Everybody is saying this but nobody has provided any substance to those claims. It also seems nobody has bothered to even look at the company to begin with
--- 54604406
>>54604368
kek, 10/10 bants
--- 54604407
>>54604404
look at the archives, dumb retard, i'm not spoonfeeding your ass
--- 54604576
>>54604368
You totally just owned that chud, breh.
--- 54604825
>>54603500
Yup
--- 54604937
Hey Pan Man is there a prospecting guide for newfags or some reading you recommend? I'm a /k/anadian so I'm often innawoods playing with guns but would be nice to have a secondary reason to get out there.
--- 54604999
>>54604937
The best simple to start guide i know is here
https://www.amazon.ca/Panning-British-Columbia-Regions-Methods/dp/0920164048
This book and a few others by Barlee are dam near the best material on learning how to prospect, and locations where to start looking.
Remember, depending on your location / region, you might not have easy to access gold, the praries are basically empty of gold for example until you hit the border with the NWT.
--- 54605215
>>54604999
Fantastic thanks
--- 54605290
https://www.youtube.com/watch?v=xHYAVi_pyCI [Embed]
our boy gary !
--- 54605673
Tell me why I shouldn't buy natgas? I'm fat and stupid btw.
--- 54605720
>>54605673
With the obesity rate skyrocketing, the amount of naturally occuring brap gas will cause supply to outpace demand, thus lowering price.
--- 54605735
>>54605673
The vacant stare is so off-putting fucking hell
--- 54605756
>>54605735
Shut up anon, I'd gobble up that fatty. What I mean is I'd put my penis in her hole back and forth so hard that my dick will probably fall off.
--- 54605769
>>54605720
And people actually liked watching this movie?
--- 54605770
>>54605290
its over (it hasnt begun)
--- 54605793
>>54605769
>t. britisher
--- 54605942
>>54603631
>>54604083
I have 3k in PBR and I'd put in 30k tomorrow if I knew it wasn't going to get nationalized.
--- 54606043
>>54604274
> Silver in name
Thanks but I'll pass on this one
--- 54606162
>>54605793
--- 54606191
>>54605720
Why don't they just draw cartoons ?
--- 54606266
>>54606162
--- 54606315
>>54606266
--- 54606368
>>54606266
>>54606162
--- 54606401
>>54606368
Britisherbros...
--- 54606435
>>54605290
>piece of cake for oil to hit $200, MAYBE $250
How much does that make my ATHOF, $50?
I need to mentally prepare myself to not get greedy and keep hesitating from profit taking.
--- 54606653
>>54606315
Part and parcel
--- 54607258
How come this general is so active when markets are closed but during the week when silver is pumping there’s only one OOOOOO poster and everyone else is nowhere to be seen
--- 54607384
>>54607258
miserable people
--- 54607444
>>54607258
We are grown men with jobs, unlike 99% of /biz/. Its also why this is the comfiest general.
--- 54607474
>>54607258
Everyone has seen silver 'pump' thousands of times by now and realizes it doesn't mean anything.
Everyone has seen people get super excited when line go up and super excited when line go down, and they realize it doesn't matter.
Everyone is looking for life-changing gains, and they know if they didn't get them when silver went from $19 to $35 they're not going to get them below that level either.
By now the smart money has realized miners don't really track the price of silver directly, and you're going to need a very large, sustained boom to see miners do anything.
Some people have probably realized we're already in the middle or near the end of the bull run, and this may be as good as it gets in their lifetime.
Most of this thread seems to have moved on from silver anyways. Probably a lot of them have done enough research by now to know the bull case for silver is mostly either bullshit, or if they still believe it, think that the price will be suppressed indefinitely. The only legit reason for buying silver- it's cheaper than gold- doesn't matter much in stocks since you can buy gold miners almost as cheap as silver ones. And often they're the same miners anyways.
also people probably working on weekdays and getting drunk and bullshitting on weekends.
--- 54607648
>>54607474
F U D
U
D
--- 54607708
>>54607648
some people figure it out in 3 years. Some take 30 years. Some never learn.
--- 54607786
>>54600534
Damn, that's pretty neat.
--- 54608348
>>54605793
I'm the Indian natgas baggie.
--- 54608524
>>54608348
Oh, lol. Have you seen it? it has a pretty good rating on imdb, but I'm a bit sceptic. I don't remember seeing a good Indian film. Apparently it's made by Netflix Phillipines.
https://www.imdb.com/title/tt8178634/?ref_=nv_sr_srsg_0_tt_6_nm_2_q_rrr
https://www.youtube.com/watch?v=SbT3fKt80k8&ab_channel=NetflixPhilippines [Embed]
--- 54608755
>>54607648
I'd fuck that birch though.
--- 54608779
Are we ever going to get to see Peter Schiff’s keynote speech at the Dubai Precious Metals Conference from 2022?
--- 54609530
https://www.mining.com/web/teck-takes-another-hit-as-glass-lewis-recommends-no-vote/
Teck's shareholders are being recommended to vote NO against spinning out the companies coal business.
--- 54609609
>>54604407
didn't ask stupid frog faggot
--- 54609626
>>54606401
fucking saved, this made my day god bless
--- 54609646
>>54609530
interesting recommendation. From what I understood of the arrangement, it would have been pretty bad for the spinout company. Like they would have to pay like 70% of their earnings to Teck until they've paid back in full.
--- 54609818
>>54606435
We pray that their CapEx is limited to brownfield at Leismer and that they don't do anything stupid.
--- 54610419
>>54607474
>Everyone has seen silver 'pump' thousands of times by now and realizes it doesn't mean anything.
The worst part is that smallcaps like those are often unable to be shorted, or if they are, have insane MRs
--- 54610507
>>54610419
Yep. Ever since /cmmg/ taught me about the lassonde curve I've been dying to short it.
--- 54610699
>>54601718
What is this kek
--- 54610844
>>54602614
>>54601718
damn wtf what did they put in those bombs
--- 54610972
https://www.bloomberg.com/news/articles/2023-04-11/russian-aluminum-now-dominates-stockpiles-in-lme-warehouses
--- 54611000
>>54607258
This is the Colonial Memes and Movies General, mining is down the hall on the left
--- 54611416
He doesn't bother with stockpicking, just stream and etf. Good idea if you already ahve tons of money I guess.
--- 54611712
>>54611416
>He doesn't bother with stockpicking, just stream and etf. Good idea if you already ahve tons of money I guess.
I just don't see the point of stockpicking. You're competing against every other analyst who is looking at the same data as you. The reason one stock weighting in GDXJ is 3.2% and another is 2.5%, is because thousands of people arrived at that aggregate conclusion.
The chance of picking a better portfolio than GDXJ is a 50-50 coin toss, minus the time spent trying to find an edge.
--- 54611825
>>54611712
GDXJ doesn't have memes.
--- 54611845
>>54611712
>minus the time spent trying to find an edge.
Solid reason to buy physical and sit on it
--- 54611887
>>54611712
stockpicking is peak investing
>>54611845
physical won't change your life. Still necessary as a defensive tool for your PF.
--- 54611905
>>54607444
Checked
--- 54611988
>>54611712
>The chance of picking a better portfolio than GDXJ is a 50-50 coin toss, minus the time spent trying to find an edge.
Probably true for most people, which is unfortunate because the junior space is a minefield. But it's relatively easy to beat the market because the companies are so tiny. Big money won't bother with a 10M mkt cap with very thin trading volume.
Great Panther was in the GDXJ and that was pretty obviously a terrible investment long before they went bankrupt, which I also pointed out itt at the time. They were losing so much money it was unreal. AISC like 2600 every quarter.
--- 54612018
I need gold to go up tomorrow
--- 54612081
>>54611825
based
--- 54612418
>>54612081
I sure hope the newfags don't find out about our #1 pick set to minimum 100x from here by EOY, Bayhorse Silver Inc. As our calculations have shown, it will 1000x from here by the end of the bullmarket.
--- 54612460
>>54612418
They have so much silver their muckpiles are pure silver.
--- 54612465
>>54611887
>physical won't change your life
That's why FDR went after it, the hunt brothers tried to slurp it, central banks are buying it, Basel iii is requiring it, jp Morgan paid a billion dollar fine spoofing it which sent their traders to prison over it
But it won't change your life. Naturally it won't change anyone itt either
--- 54612766
>>54611845
>>54611887
>physical won't change your life. Still necessary as a defensive tool for your PF.
Yeh this is true. Gold might have 1.5x, 2x upside, silver perhaps 3x. But the miners are a multiple of that.
>>54611988
>But it's relatively easy to beat the market because the companies are so tiny. Big money won't bother with a 10M mkt cap with very thin trading volume.
That's a fair point. I watch the Crescat Capital video podcast every week and I get the sense that's where those guys are fishing.
--- 54612800
this will be interesting to watch on Weds, any predictions on how much it goes up? I'll say 110%
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/433-tsx-venture/gog/139640-golden-tag-shares-to-resume-trading-and-provides-update-to-its-acquisition-of-the-la-parrilla-silver-mine-complex.html
--- 54613718
>>54605720
RRR was actually a pretty good movie.
--- 54613771
>>54612465
You're just being a retard here. Of course a defensive position, when under siege, will become useful. Phyiscal is absolutely necessary. However, don't buy it thinking about your future gains, that's not the purpose. Europe will probably change tax law when PM moon to make sure we don't that much after selling, it'll be limited to black market.
--- 54613798
>>54612800
Nah it'll move at best maybe 20-30%, especially since we're in a small pullback. I'll sell it right away once we reach 30$ spot. I don't like how they turned from a leveraged option play to a devlopper.
--- 54614046
>>54612418
Shhh! Next you'll tell them about the state of the art ore sorter! Be careful!
--- 54614060
>>54613771
Never selling my physical. How can you sell money? I'm going to purchase real estate with it when the ratio crunches.
--- 54614732
>I went outside, lo and behold, I witnessed horror
>there were hordes of them... doing the same thing...
>What were they doing, gandpappy?
>they were...
>trusting centralized exchanges (and the government)
--- 54615286
Silver Elephant will be up 50% next week. It's ridiculously oversold. I would HATE to miss out on such a move after it's already been flagged on this board.
--- 54615306
>>54612460
LAUGH AT MY JOKE!
--- 54615312
>>54614732
snart
--- 54615317
>>54612766
Gary says 10-20x gains on silver in the next year (or maybe it was give years)
--- 54615325
>>54615286
Then buy more and enjoy your gains. Why waste your time pumping your bag here ? Especially when John Lee need to be in jail
--- 54615346
>>54615312
snart ?! (2 veckor)
--- 54615382
>>54615317
>Gary says 10-20x gains on silver in the next year (or maybe it was give years)
Gary who?
--- 54615504
>>54615382
Lurk moar nigger
--- 54616461
>>54602727
Only a couple of days before the outbreak of hostilities special envoys from the UK and the USA paid a visit to Sudan. I presume nothing good came out of that meeting for Sudan. For the UK and the USA things seems to have gone well.
--- 54616479
https://www.mining.com/discussions-on-mexicos-mining-law-overhaul-to-begin-on-monday/
Big news heading our way from Mexico, their government wants a rework of major mining laws.
--- 54616496
>>54616461
it seems like the fighting is only escalating, both groups are not backing down.
--- 54616517
>>54616496
https://www.oxfamamerica.org/explore/stories/whats-the-difference-between-sudan-and-south-sudan/
If I recall, south sudan has all the minerals, I'm pretty sure you'll find something about USA or UK company by digging.
--- 54616753
>>54616479
>>54616496
Just like I said, Africa Central South America are the first I take profit on. These people deserve their misery.
--- 54616791
test
--- 54616796
>>54616479
Is this related to rumors about nationalization?
I'm still bullish on Mexico long term, so is the general play to wait for that to blow over and have prices tank?
--- 54617356
>>54607474
The silver bull run has been born. Not even a toddler and running yet. Markets aren't even pricing in silver supply is running straight into a deficit. You're an absolute idiot. Once the tech bubbles pop all that capital will flow into commodities. I thought this was common sense and we were all on the same page. Apparently not.
--- 54617387
>>54616796
yep its probably some sort of limited nationalization or new deal on revenue sharing. Unfortunate for sure but not unexpected from Mexico's government.
--- 54618191
>>54617356
does it bother you when someone disagrees with you in your hug box?
You realize what happens in the future isn't decided by 5 people on /biz/, right?
--- 54618461
>>54618191
>>54618191
>does it bother you when someone disagrees with you in your hug box?
No. What bothers me are idiots.
>>54618191
>You realize what happens in the future isn't decided by 5 people on /biz/, right?
Yes, it's only 5 people on /biz/ who are anticipating a bull market to happen concerning precious metals. I can immediately tell by your diminishing choice of words that only "5 people" are speculating on this future outcome that you are an absolute faggot. Scum such as yourself over and under exaggerate in order to excite/demoralize. So tiresome.
--- 54618503
>>54618461
>What bothers me are idiots.
You think you're wise so any that disagree with you must be idiots.
In reality you're the idiot and others are tolerating you.
--- 54618606
>>54618503
>You think you're wise so any that disagree with you must be idiots.
>In reality you're the idiot and others are tolerating you.
I'm a contrarian investor, I seek out undervalued assets. The truth is there's always idiots like you popping in and shitting on my positions. The sad truth is years from now when the value of my assets growths exponentially, you fucking faggots are never around for me to gloat to. I've had this type of interactions many times before. I need to make sure you realize what a scummy piece of shit you are while I have your attention. And yes, I'm smarter than you
--- 54618681
>>54618606
>The sad truth is years from now when the value of my assets growths exponentially, you fucking faggots are never around for me to gloat to. I've had this type of interactions many times before.
with me.
those interactions were all me. I'm still here gloating years later while your "undervalued assets" are permanently undervalued. I've made and lost several fortunes in the time you've waited for riches to fall on you from heaven while you do nothing but 'be right while everyone else was wrong.'
I appreciate it every day you come here to tell me how dumb I am and how smart you are. You make me grateful every day that even when my life is going bad, it could be worse. I could be a dogmatic and angry fool.
--- 54618759
>>54615504
Lmfao is this a monkey?
--- 54618773
>>54616461
Russia Ukraine conflict will kick up in May.
--- 54618781
>>54616479
I'll move to entirely us based miners if that's the case. Well Canada too.
There's several looking good.
--- 54618799
>>54618681
Me:
Have hit 10x - 50x in the period of time between 2021 to now while most assets have been tanking. I frequent /cmmg/ because these are the assets next to appreciate in value in a substantial way.
You:
Delusional, disassociated from reality, and an idiot at that. It's comical how shitbags like you are always lurking regardless of what asset class.
--- 54618860
>>54618799
>It's comical how shitbags like you are always lurking regardless of what asset class.
it doesn't matter what asset class because getting rich off investing is a toss of the dice. You have better odds playing the lottery. Almost nobody gets rich off investing alone.
This is a hard truth, and one you happily ignore despite years of your own life proving it.
--- 54618878
>>54618860
>it doesn't matter what asset class because getting rich off investing is a toss of the dice. You have better odds playing the lottery.
Lol...you are even a few levels lower than I thought you initially.
--- 54618899
>>54618878
If people could reliably get rich doing nothing but "being right while everyone else is wrong," everyone would be rich.
if this sector was worth a shit everyone would be dumping money into it. You say you're a contrarian. You should know sometimes nobody is doing a thing because it's a terrible idea.
--- 54619125
>>54618899
>If people could reliably get rich doing nothing but "being right while everyone else is wrong," everyone would be rich.
Completely retarded take. You underestimate how lazy and dumb normie are. Tell me how hard it is to not be fat ? To be a bit fit ? Now walk outside and look around you, how many looks fine ? I'm not even asking about top model, just people eating right and exercising a bit.
Same shit for investing. I've told friends, colleague, family, what to do, like buying a bit of physical gold, trying to learn skills to start your own business in case you don't like investing. None did shit, they all have "no time" because of their children/wifes but are always up to date in movie and sports. They don't have capital to start investing but are always on vacation.
Truth is they're broke for a reason. They think and act like broke people, so they'll get what they deserve in the end. Inflated to death or work until death.
Not like I care, did my part by trying to help. I'll thoroughly enjoy this transfer of wealth, no guilt attached.
--- 54619156
>>54619125
working is guaranteed to provide them a certain level of comfort while investing or starting a business has a one in a million chance of making them rich.
they already know this and are laughing at you a little because you don't know it. It's cute. And who knows, maybe you're the one in a million that'll get rich. Probably not. But maybe.
--- 54619205
>>54619156
>starting a business has a one in a million chance of making them rich.
>they already know this and are laughing at you a little because you don't know it.
LMAO...I immediately sniffed you out from your first post. I knew you were an absolute dumb fuck.
--- 54619213
>>54619156
Look at how you dodged the issue.
>working is guaranteed to provide them a certain level of comfort
Wrong. Wage never keep up with inflation, everyone know this.
>while investing or starting a business has a one in a million chance of making them rich
Never talked about being rich. I said take action to preserve what you have and maybe even offer yourself and your children a better futures. You don't have to leave your work to start something on the side, do you ?
>they already know this and are laughing at you a little because you don't know it.
They dont know shit and I'm the one laughing at your lack of braincell. Keep coping and moving the goalpost all you want. Wont change the fact you have too much empty space between your ears.
--- 54619259
>>54619213
>Wage never keep up with inflation, everyone know this.
yet over half the world is living in relative comfort working a 9 to 5. How do they do that? You never think to ask or don't believe it when they tell you..
>Never talked about being rich.
then you entered a conversation and tried to change what it was about. Get back on track.
--- 54619322
>>54619259
>yet over half the world is living in relative comfort working a 9 to 5.
I live in France, do you even know what is happening ? Dumbfuck, people are rioting and burning everything here for a 2 year increase in retirement, not even knowing they will never get one.
>How do they do that?
Boiling frog, google that.
>You never think to ask or don't believe it when they tell you.
You assume a lot of thing for someone as retarded as you. How about assuming you might be wrong once in your lifetime.
>then you entered a conversation and tried to change what it was about. Get back on track.
Re-read our conversation dumbfuck, english is my 4th language and I know how to follow a conversation better than you, shameful. I said your take about "easy so everyone would do it" was retarded, nothing about becoming rich overnight.
--- 54619359
>>54619322
>english is my 4th language and I know how to follow a conversation better than you,
You think the conversation started when you entered it. You responded to me, and changed the topic. And then accused me of shifting goalposts. You are an idiot in 4 languages.
--- 54619466
Andrew Schectman
Alasdair MacCloud
>Andrew Maguire
Is he part of the tribe? He’s incredibly slippery
--- 54619484
>>54603386
I also wish to compete!
(but they'd probably pair me up with a sumo wrestler)
--- 54619504
>>54605756
understood, understood, ya sicko
And, yes, I'm right there with ya.
--- 54619510
>>54613771
>Gold vs Berkshire Hathaway chart
--- 54619626
Wkend slapfight that's not Bob and me?
Popcorn
--- 54619771
HH still roaming Japan
--- 54619776
>>54619626
>Wkend slapfight that's not Bob and me?
Does that tranny pegging Bob still post here?
--- 54620021
>>54619776
nobody knows. Some say he's still trolling dumbfucks every day. Some say he left long ago. No way to be sure.
--- 54620107
>>54612900 →
Damn this guy called it. Would love us to be neon green and crypto to be blood red.
--- 54620252
>>54620021
>nobody knows. Some say he's still trolling dumbfucks every day. Some say he left long ago. No way to be sure.
I see.
For anyone who doesn't know: Bob is one of those boomers who travels to Thailand just to fuck non-stop boy pussy. He shames anyone who is disgusted by this practice and tries to gaslight them into participating.
--- 54620313
>>54617356
>Once the tech bubbles pop all that capital will flow into commodities
I guess the smart money has already moved into the sector, then? That was one of the things I wanted to model, weekly/monthly mcap flows on each sector/industry to see where money is going.
--- 54620326
>>54620252
Sounds scary. Thanks for the warning. What should I do if I see him?
--- 54620440
>>54620313
>I guess the smart money has already moved into the sector, then?
This is ongoing as we speak. Capital flowing into physical gold, silver, and even crypto right now. Word is currently circulating that exploration companies and miners offer a higher-risk/reward, but we're in the very early stages of that chatter.
>That was one of the things I wanted to model, weekly/monthly mcap flows on each sector/industry to see where money is going.
This would be great data to have.
--- 54620528
>>54620440
>Capital flowing into physical gold, silver, and even crypto right now.
>This would be great data to have.
kek
--- 54620624
>>54620528
>kek
this is why you're an idiot and you always will be. Gold and silver up approximately 25% in last few months. The money that pumped them appeared from nowhere I suppose?
--- 54620829
>>54620624
>Gold and silver up approximately 25% in last few months.
zoom out
then adjust for inflation
then go back and remember most of that price is paper derivatives, not 'real money' according to you fools. And certainly not physical.
You're just making shit up and wishing you had data to support it.
--- 54621363
>>54618799
>Have hit 10x - 50x in the period of time between 2021 to now while most assets have been tanking.
Making you the greatest stock trader in the history of the world. You should be a millionaire in a couple more years at that rate, and a billionaire in just a few more after that.
This is an absurd claim, like running a 3 minute mile or breathing nuclear fire balls at your enemies. Anyone that falls for shilling this obvious deserves what they get.
--- 54621456
>>54621363
>Making you the greatest stock trader in the history of the world.
Didn't do it with stocks.
>>54620829
>zoom out
>then adjust for inflation
Even though inflation is happening, the capital still has to transfer from account a to point b in order to pump the price. Inflation doesn't cause an asset to 'magically' increase.
>And certainly not physical. You're just making shit up and wishing you had data to support it.
See attached pic. Silver is selling for substantial premiums right now. I'm not making anything up, just describing observations in reality. The only delusional idiot is you, but we already knew that.
>then go back and remember most of that price is paper derivatives, not 'real money' according to you fools.
Exactly. This is what makes the current price action even more amazing, the flow of capital into precious metals is such a strong current the derivatives manipulation can't hold the price down.
--- 54621534
>>54621456
>Didn't do it with stocks.
Then you're agreeing with everything I said in the post you pretended to disagree with.
>Silver is selling for substantial premiums right now.
Yes, I've made over $100k selling coins over the last 3 years. People that bought coins and held them on the other hand made far less.
>the flow of capital into precious metals is such a strong current the derivatives manipulation can't hold the price down.
implying that cash isn't flowing into leveraged derivatives pumping the price up.
again, you don't have that data. And you probably should before you go making assumptions like that.
--- 54621625
>>54621534
>Then you're agreeing with everything I said in the post you pretended to disagree with.
Here is you drawing a false conclusion. One can make such gains in stocks too. Everyday someone is looking at their account and it's ticking over that 50x break point.
>again, you don't have that data.
Don't need data. The recent price action speaks for itself. My God you're such an idiot. It's unbelievable really. You never even deny you're an idiot, it's like you realize it, but your such an NPC/drone, you just ramble in a flat tone nevertheless
--- 54621634
>>54621456
It just proves that people who buy silver are idiots.
--- 54621654
>>54621625
>Everyday someone is looking at their account and it's ticking over that 50x break point.
yep
and every day millions of other people are looking at their accounts and they're not.
>The recent price action speaks for itself.
how does it show the price is being suppressed but other cash is overcoming suppression rather than that the price is being boosted?
>your such an NPC/drone, you just ramble in a flat tone nevertheless
I have no feelings about your cognitive errors, I merely probe them to see how you react. This too is just data. I don't need to tell you how smart I am, if you were smart enough to understand what I'm doing you wouldn't be arguing with me.
--- 54621691
>>54621625
>Everyday someone is looking at their account and it's ticking over that 50x break point.
every day someone is looking at their lottery ticket and making millions
every day someone is looking at their shitcoins and making millions.
It's possible to get rich off stocks, or lottery tickets, or shitcoins. It's just not very fucking likely.
--- 54621720
>>54621654
>and every day millions of other people are looking at their accounts and they're not.
I now see the crux of contention here. You're just an average joe, with average results, and average complexity of thought.
>how does it show the price is being suppressed but other cash is overcoming suppression rather than that the price is being boosted?
Common sense. Supply decreasing and price increasing as consequence. If silver were 25% cheaper still, then 25% greater quantities of silver would be drained on a consistent basis.
>i have no feelings about your cognitive errors, I merely probe them to see how you react
No errors were made and there's nothing to probe. Like I told you, my intent her is to let you know what a total piece of shit you are because when my speculation is shown to be correct via price action you won't be around.
--- 54621735
>>54621363
People make 10x's all the time.
--- 54621748
>>54621720
>Supply decreasing and price increasing as consequence.
so you count paper derivatives in supply?
what makes you think silver contracts are decreasing?
>when my speculation is shown to be correct via price action you won't be around.
In the time you say you made a 10-50x off "not stocks," I made $2 million off a $0 initial investment. By the time your gamble pays off, if it ever does, I will have made several more million off no investment. I've been doing this same ROE for the last 21 years, consistently, without fail. Of course I'll be here, you'll never catch up to me.
I've invested in metals for 40 years now. In that time, silver has done a 4x and gold is at about 5x I think. That's a lifetime. That's their gains in my entire adult life.
--- 54621757
>>54621735
>People make 10x's all the time.
yep and people buy winning lottery tickets all the time. Just not over and over, year after year, the same people. And for every 10x they make they'll lose 9.5x on other investments on average. Or more.
--- 54621828
>>54621804
say I'm right and everyone else is wrong. I now have all the free money I want. But I could make even more selling my right ideas to wrong people, and because it would make them money they'd buy them.
Just like nobody here knows how to build a car but pretty much everyone here will have a car at some point anyways. Because if one person can do the work for millions of other people, that one person is going to get fucking wealthy.
If anon can reliably, consistently make 10-50x returns, not only will he get rich in business, but he will get even richer telling other people how he does it. And they'll get rich following his advice.
--- 54621859
>>54621804
>>54621828
and you don't need outlandish gains like 10-50x to do that
if anon could beat the market by 3% consistently year after year he'd be a billionaire already just by telling other people how he does it in exchange for some cash.
--- 54621876
>>54621828
You can never reliably and consistently be right because you're average. Other anons are above the curve and set the trends. You couldn't understand.
--- 54621893
>>54621859
>if anon could beat the market by 3% consistently year after year he'd be a billionaire already just by telling other people how he does it in exchange for some cash.
Here is where your strategy falls apart. Let me educate you. When I tell people buy this or that, there are always mockers (like you) who just don't see the value of it. This goes back to the beginning of our dialogue. When enough time passes and my specs prove to be profitable. The mockery are nowhere to be found. That's why I'm calling you an idiot right now. I've done this pattern many times.
--- 54621944
>>54621876
>Other anons are above the curve and set the trends. You couldn't understand.
I'm helping you understand. You aren't reliably and consistently right, or you'd be rich.
in fact stocks and commodities and any other passive investment is extremely unlikely to make anyone rich. It happens, very rarely, but not to anyone here. Your best shot was honestly crypto 12 years ago, but even then the odds were definitely against you.
and again, even if you make millions, you won't have caught up to me, let alone beat me. Or most boomers for that matter. A shitload of us are millionaires and not off gold or silver or miners.
--- 54621992
>>54621944
I have far greater wealth than you. This much is obvious. You set your own limitations on others. Just because you can't do a thing does not mean others too cannot. There were millions of opportunities to get a 100x+ aside from crypto in the last 12 years. Brings joy to my heart you aren't able to see what they were.
--- 54622013
>>54621893
>When enough time passes and my specs prove to be profitable. The mockery are nowhere to be found.
3 years ago every post itt was bayhorse. 2 years ago, same story. 1 year ago, mostly the same story.
now everyone mocks that shit. Along with the other shit that very rarely got mentioned in those threads. I've seen no evidence we have some great Warren Buffet style prognosticator on board. The best I've seen is a few anons that realized that bayhorse was crap from day one. But realizing one investment is crap isn't the same as picking other investments that aren't crap. But hey, if I missed your brilliant advice over the years feel free to correct me, I'm sure others missed it too. Unless you're redwolf, in which case I saw your uranium advice and watched it get ignored and agree with you. But even then that's not something you can repeat over and over again. Would be cool if you could, but probably not possible. And in that case you're falling for the silver miner's fallacy. One lucky or well-timed run isn't an indicator of future success.
--- 54622023
>>54621992
>There were millions of opportunities to get a 100x+ aside from crypto in the last 12 years. Brings joy to my heart you aren't able to see what they were.
anyone can see a 100x in the rearview mirror. nobody can reliably see them coming.
--- 54622033
I hold PHYS in my IRA.
Did I fuck up?
Will physical gold ever be affordable ever again?
--- 54622993
>>54622033
physical gold was never cheap. Buy 1/10th oz coins every chance you get. You'll get raped on premiums but over time you can amass a small stack much easier that way.
--- 54623643
>>54622013
A lot of us here only got started three years ago. You're judging us for not being successes when we are just getting started on our path. Look at what I've done in the last three years. I came as a complete novice, I literally bought gamestop and chainlink because number go up.
Now I read financial statements, I understand economic and government policy. I follow geopolitical news. I'm in community college taking accounting classes. I have taken trading courses offered by professional legacy traders. I am learning HOW to trade and am getting better and better. My portfolio gets better and better as time goes on.
I'm going to be a financial advisor or a finance professional someday. You're judging us because we did a lot of stupid shit three years ago but that's when we were just getting started. Many other anons here have similar stories. We've all grown as time has gone on. This is for real now. We're all going to make money in the coming months. It's inevitable and not only that but appears as if it's imminent as well.
--- 54623654
>>54607444
Sadly the truth
--- 54623655
>>54623643
I sell smoked chicken and make $800 a month. I'm literally Pablo Escobar nigger.
--- 54623698
>>54623643
I'm not judging anyone
I'm telling anon that was bragging about his incredible stock picks and recommendations that he's a liar and everyone here knows it. Because he never recommended any 10-50x stocks here that I saw. Nobody did.
it was all bayhorse all the time. The only person I've ever seen recommending big winners was you, and most people ignored you.
--- 54623722
>>54623698
>The only person I've ever seen recommending big winners was you, and most people ignored you.
Calm down boomer, your selective memory won't change reality, check archives.
To your credit, never seen anyone recommend a 50x. As for 10x, it happened a couple of times, including myself with Bannerman energy in late 2020.
--- 54623929
>>54623722
>including myself with Bannerman energy in late 2020.
I don't check to see how the stocks you guys discuss perform. I just assume if they do great someone is going to be celebrating.
And I certainly hope you get a ten bagger every now and then because you'd need it to offset all the juniors that crab or lose money in the same time period.
either way, the anon claiming 50x says he didn't make that off stocks, so it's not relevant to the point any more than me making 10x selling some coins is. Sure, you can make gains dealing in things other than stocks or commodities. That's sorta my point. You guys could be selling pokemon cards or Morgan Dollars or used cars or almost anything and consistently making much bigger gains on average. Not saying you should, but it's part of the reason most here seem to have moved away from silver mining penny stocks. 3 years into the project I'd guess most of you have figured out there's far more money to be made in almost any other sector.
--- 54623997
>>54623698
I just have a gut sense for bullshit and then im tough enough to follow through. Always have. Got most of that experience from women. I would drop a girl so fast the second she gave me any bulllshit. When I first got in the markets I was bright eyed and enthusiastic and I tripped a couple times. Now I don't put up with bullshit. I ditched bayhorse as soon as it started to stink. Can't believe people are still holding it. If you hold it to make money off the pump then whatever but if you're a genuine believer I don't know what to say.
I dumped Santa cruz the second I smelled something fishy regarding their Financials. Gold ventures is still holding it and the ceo posters are now only just starting to realize something is wrong. They just discovered the company has 90 million in long term liabilities with 20m of that being current.
You don't have to speculate on retarded risk. You don't have to put up with less than what you think you deserve. There's good miners out there. Just really hard to find.
--- 54624016
>>54623997
>I just have a gut sense for bullshit and then im tough enough to follow through.
yes, I was surprised about that when you dumped bayhorse at the height of the shilling and took the heat for it without apologizing.
You have great instincts and brass balls. A good combination.
--- 54624452
The Pure Gold nightmare is over. Sprott gets C$6.5 million in cash, 28.46 million common shares of West Red Lake Gold Mines and a 1.0% secured Net Smelter Royalty (“NSR”) on the Madsen Gold Project, as well as up to US$10.0 million in deferred consideration payments. Pure Gold shareholders will get nothing and be happy.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/776-tsx-venture/pgm/139663-puregold-to-be-acquired-by-west-red-lake-gold-mines-ltd.html
https://thebigscore.substack.com/p/shocking-firesale-for-bankrupt-gold?sd=pf
--- 54624592
>>54624452
Eric Sprott, Rick Rule, etc are all such vampire shits, lmao.
--- 54624946
>>54623997
>You don't have to speculate on retarded risk.
This is something we have to remind ourself. PM will reach retarded number. Considering we are in junior, the gain we will make just by being in the right company will be beyond enormous, no need to take stupid bet on bankrupt company or pre-discovery hole.
--- 54625173
https://twitter.com/TheLastDegree/status/1647957642134929414
He finally announced his entry, surprised he dropped no DD to his readers. Guess he wants them to do it themselves. I have the same entry as him (0.35c).
--- 54625216
>>54619213
stop replying to jew shill bots.
--- 54625262
Did Nat gas bottom??
--- 54625329
>>54624592
what does Rick Rule have to do with Pure Gold
--- 54625368
>>54601718
This is heaven and I must know how I can participate. Its all I want to do before I die now
--- 54625382
is clean air metals a buy? i dont know how to do researchbut i have heard of this company
--- 54625394
>>54625382
if I said yes, would you put your hard earned money into it?
--- 54625473
>>54608524
IMDB and Rotten tomatoes are run by Jews. I'm not watching that hot garbage.
--- 54625632
>>54625382
--- 54625652
Nobody paying attention to tin?
Burma ran out of it so prices have shot up.
AFM.V is up 16%
--- 54625983
>>54625632
so they salted their samples and pumped and dumped? how are you suppose to know if a company is good or not?
--- 54625997
>>54625983
When investing in explorers you’re supposed to have a good understanding of geology. This is equivalent to investing in pharma research companies that haven’t gone through phase 1 yet
--- 54626103
>>54625652
Yep. 10% of tin supply is gone. They do have some stockpiles left to sell though. And it is mostly artisanal mining, might get mined anyway
--- 54626123
>>54626103
Also PT Timah isn't even making money at these tin prices and they are a massive operation. Ain't gonna be a supply response at these low levels
--- 54626357
>from Tradewindnews
Clarksons Securities said warmer-than-average temperatures during El Nino may reduce the demand for coal, natural gas and heating fuels.
Analysts led by Frode Morkedal added: “In general, El Nino may cause drier weather, which benefits Brazilian iron ore exports by reducing disruptions from heavy rainfall and flooding.”
But the warmer weather could also lead to drought, which could have a negative impact on South American agricultural production and thus potentially basedbean trades.
--- 54626451
is there a non schizo reason why anyone should invest in any silver mine?
if the answer is "industrial use" then copper or cobalt would be a more worth while investment
--- 54626467
>>54626451
>is there a non schizo reason why anyone should invest in any silver mine?
If you owned half a dozen silver miners, it would resemble simply owing GDXJ. GDX = SLV, GDXJ = SIL.
--- 54626494
>>54626451
>is there a non schizo reason why anyone should invest in any silver mine?
Nope. Just keep on walking
--- 54626535
>>54626357
I always laugh when the filter does a based post despite when its actually used the correct context.
--- 54626979
Uranium chads you heard about what the G7 are doing, going to muscle Russia out of the nuclear energy market this should pump our bags as American and Canadian miners will be more in favor
--- 54627197
>>54625173
He made me a liar, here's the DD
https://twitter.com/TheLastDegree/status/1647962974525505537
Highly recommend people to do their DD on this company, I did and bought a position a few weeks ago.
>>54625382
no.
--- 54628295
>>54624946
Gary savage has been consistently saying that silver will out perform miners. He's saying silver will go 10-20x and miners will go 2-3.
I disagree. We are in the internet age. Boomers will fomo into miners like they did with dogecoin.
--- 54628370
https://www.mining.com/teck-attracts-bids-from-vale-anglo-american-and-freeport/
Seems like everyone wants a piece of Teck!
--- 54628425
>>54627197
thats actually a really interesting map, Suriname hasnt really gotten the attention it should, probably because its not been always stable. Its got some incredible placer gold fields in the interior, sharing the same deposits with French Guyana as well. Loads of minerals including tin and even diamonds pop up in those gravel beds.
--- 54628441
>>54622013
>3 years ago every post itt was bayhorse.
Bayhorse is still a good play. Oversold due to permit and management fud. Millions of dollars have that ticker on the watchlist, waiting to pile millions of dollars in at the slightest hint of positive news. Dumb fucks like you can't comprehend this.
>I've seen no evidence we have some great Warren Buffet style prognosticator on board.
You've yet to display any semblance of intelligence. Just a mocker and keyboard warrior. People such as you are universally despised. Over the last 3 years, I can certainly say my ROI is greater than anyone in /cmmg/. Watch and see, cock sucker.
--- 54628462
>>54628441
>I won't invest any of my money into something if I don't believe in it on a fundamental level.
--- 54628595
>>54628462
>>I won't invest any of my money into something if I don't believe in it on a fundamental level.
It's called risk management. Not going to elaborate into how this concept is applied in the context of Bayhorse.
This discussion has caused me to reflect on the fact in the last 3 - 4 years, my entire networth has increased 35x. I've outperformed the market by orders of magnitudes. If it weren't for the few good and noble souls in /cmmg/ I wouldn't waste my time here.
--- 54628611
>>54620326
Prepare your anus
--- 54629141
anyone else see tin futures right now? Tin is on a serious run!
--- 54629219
>>54628441
> pic related
And I thought baghorse shills are extinct. When PP?
--- 54629246
>>54629141
Yeah , some ASEAN shithole with 10% of global production went into civil war
--- 54629516
>>54629219
>"Hey bitcoiners, my elephant has indigestion, fix it for 1 (one) bayhorse share!"
--- 54629725
>>54628441
Post ROI over the past three years, faggot.
--- 54629829
>>54628441
>Bayhorse is still a good play.
>Dumb fucks like you can't comprehend this.
>>54628595
>in the last 3 - 4 years, my entire networth has increased 35x.
>I've outperformed the market by orders of magnitudes.
Does running a P&D fraud really qualify you to recommend stocks, silver?
--- 54630312
>>54628595
Post gains.
--- 54630347
BTW I'm skeptical in the silver bull case, the June triple witching is still pricing in a silver price of 19.5$
--- 54630378
>>54629829
I'll give you something to think about.
I'm the only one in here whose networth hit a 35x multiplier over the last 3 years. And guess what? I'm one of the few in here who understands Bayhorse is still a 'play'. Is that a coincidence? No.
I buy assets with extreme ROI potential. If you told me you could guarantee me a 25% gain over a year, I wouldn't even consider investing in it.
I'm looking for assets that the markets have attributed minimal value to, but in 2 or 3 years could be highly desirable.
Am I all in on Bayhorse? No. Am I all in on metals and miners? No.
Depending on the next Bayhorse news release, am I open to the idea of doubling my position in Bayhorse? Absolutely. (Here's the secret) I'm not the only one.
--- 54630421
>>54630378
You sound like you have gambled and won and now think you're a 1 in a 100 million investing genius. Many such cases. Were you the one shilling Brunswick?
--- 54630448
>>54630378
You'll have to double it because the next NR will be for topping up Gaerme's ladyboy fund.
I think he got you by the balls: either you pay, or it goes to zero. It's called the sunken cost fallacy.
--- 54630511
>>54630378
>I'm the only one in here whose networth hit a 35x multiplier over the last 3 years.
true, I was a millionaire 3 years ago and I'm a millionaire now. My net worth has increased by 5% but that's still more than you'll make in your life.
>Am I all in on Bayhorse? No. Am I all in on metals and miners? No.
then you're right back to agreeing with me
of course there's money to be made in lots of different markets. Just not silver and silver miners. Not fuck-you money anyways.
>I'm not the only one.
BHS investors right now are probably:
1. Going to day trade the next P&D scam
2. Super rich and gambling on very long shots
3. fools
I'd guess you're #3
--- 54630513
>>54630421
>You sound like you have gambled and won and now think you're a 1 in a 100 million investing genius.
I generated my gains through hundreds of various buys and sells. Do you know what the common theme was throughout it all? I always have other people telling me what I'm buying is a bad idea. I see value where few do. You have have this skill or you don't.
--- 54630528
>>54630513
>I generated my gains through hundreds of various buys and sells.
this is called trading, not investing. Value as you call it has nothing to do with trading.
--- 54630534
>>54630513
What have you invested in that gave you a 35x? just name the big winners
--- 54630597
>>54630528
>this is called trading, not investing.
Spending any amount of capital with intent of generating a profit is investing. Some assets I'm long on, others I'm short on. Both are investing. I'm in the red doing the kind of 'trading' you're alluring to. I'm deep into the green due to investments related to macro analysis.
>true, I was a millionaire 3 years ago and I'm a millionaire now. My net worth has increased by 5% but that's still more than you'll make in your life.
In 2 - 3 years I'll be where you are now. In another 3 - 5 years I'll be at the next level.
>then you're right back to agreeing with me
of course there's money to be made in lots of different markets. Just not silver and silver miners. Not fuck-you money anyways.
This is where you're wrong. Metals are approaching a once in a generation opportunity as we speak. The fiat system of debt is collapsing, and pms/miners are essentially put options on western finance.
>BHS investors right now are probably:
Chads. There, fixed for you.
--- 54630618
>>54630513
>You have have this skill or you don't.
again, if true you're one of the greatest traders in history.
you could easily make billions selling a list of your trades or managing other people's money.
big if true. But sadly not true. And you shouldn't be trying to convince people to invest in silver or silver miners because you made money trading stocks in other sectors. That's stupid. It's also illegal.
--- 54630621
>>54630597
>Spending any amount of capital with intent of generating a profit is investing.
no.
--- 54630642
>spot price goes down
>people start fighting each other again
--- 54630656
>>54630597
>Metals are approaching a once in a generation opportunity as we speak
I've lived alongside 5 generations now, and what you're describing has never happened.
It probably won't ever happen.
--- 54630681
>>54630656
>I've lived alongside 5 generations now
Anyone who lived through and didn't get rich in 1930, 1970 or 2000 PM bullmarket deserve to die broke.
--- 54630701
>>54602963
Very simple explanation for that.
--- 54630714
>>54630681
rich people don't usually get rich off stocks. Passive investments don't pay enough unless you take on enormous risk and then get very lucky. And most normal people don't have the money to make it big even if they get lucky.
Like anon itt claiming a 35x. If he invested a million at that rate he'd be a billionaire next year. But even if we believe he made those kinds of gains, he didn't have more than a couple thousand to invest so he didn't get rich.
--- 54630725
>>54630656
Is this the communist known as bob? if so fuck off bob.
--- 54630740
>>54630714
I kinda agree but everything is relative too. I mean, lets just say you have limited capital and x35 your 50k; you come out with more than a million after taxe, that's more than enough for a lifetime if you play it right. Yes, you'll still have to be careful and not lose it but he's still rich. We are talking about a million in cash, not equity.
Passive income won't make you rich, but miner will if our thesis is right.
--- 54630744
>>54630725
I was here years before you, I'll be here years after you're gone. I'm part of the furniture by now.
--- 54630746
>>54630621
>no.
You're braindead for this one.
>Anyone who lived through and didn't get rich in 1930, 1970 or 2000 PM bullmarket deserve to die broke.
But you redeem yourself here.
>you could easily make billions selling a list of your trades or managing other people's money.
My friends buy and sell assets based on my suggestions all the time. I have 5 people who seek my council on a consistent basis before making major purchases. This is not something I had thought about until you mention it. I would not want to manage other peoples money directly though, because I get very annoyed justifying my capital allocations.
--- 54630771
>>54630740
$50k is a lot to gamble in one shot for anyone. Even a thousand was a hell of a lot in 1970-now
I think the stats still hold, most americans don't have $2k in case of an emergency, let alone to gamble on stocks.
--- 54630773
>>54630725
>Is this the communist known as bob? if so fuck off bob.
In all likelihood it is Bob. At first I didn't realize it, but after a few more replies it became apparent. I honestly don't even know what the fuck he's doing on /cmmg/, let alone, /biz/
--- 54630789
>>54630746
>This is not something I had thought about until you mention it.
kek
--- 54630797
>>54630714
>he didn't have more than a couple thousand to invest so he didn't get rich.
This is key. My starting point was in the low five figures.
--- 54630802
>>54630773
I'm talking about today dollar Bob, of course you'll have to adjust that for the period you wanna talk about. Todays 30k to 50k is when you start investing real money and have good return as a wageslave.
As for people not having 2k, I couldn't give a shit, we talked about this already above Bob, most people are NPC who deserve everything they get coming. The writing are on the wall for god sake, you just have to open your eyes. NPC won't and I'll happily enjoy the transfer of wealth.
--- 54630842
>>54630797
>My starting point was in the low five figures.
and by the time you get higher your luck will end
if not you're the greatest trader in history.
>>54630802
>As for people not having 2k, I couldn't give a shit, we talked about this already above Bob, most people are NPC who deserve everything they get coming
most of those people are richer than you, and making better returns than you. Because all their money is in real estate and business equity that's paying more than miners and has been for decades.
--- 54630867
>>54630842
>most of those people are richer than you, and making better returns than you. Because all their money is in real estate and business equity that's paying more than miners and has been for decades.
Its funny Bob because your retared brain has a hard time following. You talk about NPC being POOR PEOPLE here
>most americans don't have $2k in case of an emergency, let alone to gamble on stocks.
And now you talk about them being richer than me >>54630842
So which is it ? Are you saying they're rich but don't have 2k to gamble ? Or are you, as usual, just moving the goalpost.
--- 54630890
>>54630867
>Are you saying they're rich but don't have 2k to gamble ?
you got it.
we call it "house poor."
you got maybe a million in assets and can't scrape a couple thousand cash together.
--- 54630947
>>54630842
>and by the time you get higher your luck will end
I have a diversified portfolio and there is not a single trade or asset class that could destroy me.
--- 54630960
>>54630947
so you keep saying and not showing.
--- 54631003
>>54630890
I see, I guess that's what happen when you push everyone into debt based investment like house and shit.
My goal is pretty simple and need something like x15 or x20 to reach it. Not interested in home or wive so the amount needed to make it is pretty low as long as I keep up with inflation.
--- 54631026
>>54631003
well good luck. It might happen. There's a great risk of losing, especially over a long enough time. But you're not going to get huge rewards without big risks.
--- 54631109
>>54630890
This is true. I have millionaire clients and friends I take hunting and fishing that couldnt pull together 20k and some even 2k without going to the bank to get it. I'm not impoverished but I have to keep at least 20k in cash in the safe and 2k in my wallet to make opportunitstic purchases discreetly.
These are two totally different ends of the spectrum tho. Poor people probably have never seen 20k except on TV and the chances of them having that much scraped together is near zero
--- 54631155
Looks like Silver X Mining is buying the Revenue-Virginius Mine off the now dead Aurcana. I hope the mine actually gets going at some point, Aurcana's leadership were just utter garbage.
--- 54631196
>>54631026
Thanks. Yeah for now I'm all-in junior miner G/S, all under 50 million market cap. I don't intend to take any risk at all if I really make it, just keeping up with inflation. But right now, i'm balls deep into this risky play, make or break.
>>54631155
Pretty sad, I had silver X in my watchlist for months, waiting for them to clear off their debt but seems like they won't do it before their market cap is already very high. Guess it was not meant for me.
--- 54631229
>>54631196
agreed, I think though long term buying up assets like that arent a bad idea. A lot of real physical work went into getting the property ready for mining, the company operating it was just useless.
--- 54631467
>>54630725
>43 posts by this id
Only me and Bob can make this many posts and I only do when I'm arguing with Bob. He's set in his ways. He's a commie by default but in another time and place he would wear another uniform and become a commisar in those ranks. Arguing with him isn't pointless but you won't get far. Much like yourself, the juice simply isn't worth the squeeze because you're both dug in your positions like a deer tick on a border collie
--- 54631541
>>54631467
>Much like yourself
Except I'm right about everything and bob loves niggers and jews and unironically votes for biden.
--- 54631636
>>54631541
I don't think he really believes anything he says it's a way to trigger idiots. You don't know shit about economics. Otherwise you would see the similarities between natsoc and communism. Centrally planned economies are all the same. But I won't go on about it since you won't learn, because you already know everything everything.
--- 54631694
>>54630378
>>54630513
Well thanks for sharing information to the thread then asshole.
Do you know how much I've given to thread? A fuck ton. Where were you? Sitting on and doing these 30x trades and not giving anything to the thread?
--- 54631700
>>54631636
I don't think he's trolling about voting for Biden, and that really says everything. If Nazi Germany was so bad, then why did their economy boom?
I'm not even for central planning really. I believe in a balanced approach. I would call myself a moderate.
--- 54631747
>>54631700
Investment from wall Street and London
Read a book kiddo
--- 54631757
>>54631700
--- 54631783
>>54615346
Make that a To (two)
--- 54631799
>>54631694
buy founder metals
--- 54631805
>>54631747
Stop reading books written by jews.
--- 54631826
>>54631757
>Ludwig von Mises was born to Jewish parents in the city of Lemberg
--- 54631864
>>54631747
this is u
--- 54631907
>>54628295
I hope to pivot from pm into miner and then into a tech stock, but I have no idea if I will miss out on gains or whatever with this, juniors historically tend to outperform pm by a lot. But they tend to be slightly slower at reacting and in the rare cases of massive inflation the prices of pms has skyrocketed but I don't know what happened to miners at those times
--- 54631954
https://ceo.ca/@newsfile/silver-one-announces-financing-of-up-to-5000000
I'm so glad I sold this dog shit last year, holy fuck Gregory Crowe deserve to be in jail, no wonder he is best friend with Keith
--- 54631984
>>54631954
I remember trading airplane stocks as a short experiment on my own (ended up making 1000$ profit) I quickly saw how quick they were to finance and deprecate themselves, there is zero loyalist to the investor with these people, you have to treat them like a bag to siphon some cash from and nothing else, because that's how they see you
--- 54632026
>>54631954
$5M at 21 cents when it closed at 38 cents today lol wtf. Sell these dog shit silver companies guys, there is just too much money chasing too few companies, they are all scams.
--- 54632752
redirected from precious metals gen. I'm I just started investing and I'm trying to diversify my IRA. I bought VOO ETF which consists of popular companies like apple/amazon and now I'm looking at natural resource ETFs and VANECK GOLD MINERS ETF is the largest. The 10 year graph doesn't look very promising though. Are natural resource ETFs just shitty? Consumer basics with companies like walmart/coke seem pretty solid. Everyone needs food
--- 54633056
>>54631700
>I don't think he's trolling about voting for Biden, and that really says everything.
If you think politics correlates to wealth you know even less than I thought about US demographics. Even race isn't a great indicator, my town is half hispanic and guess what, over half the millionaires are also hispanic.
The only thing I've seen that strongly corelates to making millions is sex. Pretty rare to meet a self-made wealthy woman from what I've seen.
I don't like biden, I hate trump. Most boomers do, or at least we did from 1980-2000. The guy is a terrible person. Always was. He wasn't a bad president, but damn was his constant shit-flinging exhausting.
--- 54633121
>>54632752
welcome to commodities
BOOM AND BUST BABY
gold is a perpetual loser though
buy middlemen not producers
--- 54633284
>>54633056
>Even race isn't a great indicator
Sure it is, blacks are poor as fuck, then comes hispanics, then whites and asians. Just like IQ and pretty much every other statistic, funny that. But that's just a coincidence according to you. Imagine being that dull. Anyone who doesn't understand the importance of race is simply an animal NPC.
--- 54633319
>>54633284
what's that say about you if you're not rich?
--- 54633333
>>54601417
Petrobras is nearly as inefficient and retarded as Venezuelas oil company. Huge bast fields and they can’t get enough intelligent engineers even with outside contractors.
--- 54633424
>>54631694
>Where were you? Sitting on and doing these 30x trades and not giving anything to the thread?
After I'm done accumulating, I'll share some spicy DD with /cmmg/. I've got great plays on a largely unknown company. I'll make sure the DD hits CMMG before it goes to more public and out to the normies.
>>54633333
wasted.
--- 54633566
>>54633424
>After I'm done accumulating, I'll share some spicy DD with /cmmg/.
Just like all the times you did over the last 3 years, huh?
You're a real hero.
--- 54633656
>>54633319
I'm still young and have done fine for myself actually. I'll be richer than you by the time I'm your age. But not everyone who is smart ends up rich and not everyone who's rich is intelligent. You are rich (allegedly) and you're not intelligent.
--- 54633792
>>54633656
Last time you bragged about your IQ I posted a secret handshake to let you know where I sit.
you didn't understand it.
It made me laugh. In 12 years on this site I've only met one anon that understood what I said. And that anon wasn't you or anyone here now. Some rando in /pmg/ that is also one of the highest measured IQ's in the world.
--- 54633833
>>54633792
Bro you don't even understand the importance of race and you're implying that you're super high IQ? the race question is an IQ test in itself and you failed. Also judging by other stuff you've written there is no way you are above 110, sorry.
Pic related has the highest IQ in the world btw.
--- 54633857
>>54633833
Not only did you miss the handshake, you kept right on missing it after I told you what it was, and you're not smart enough to go find it and figure it out now.
--- 54633877
>>54633857
Take this and get back to me
https://mensa.dk/iqtest/
--- 54633887
>>54633877
You're getting closer. What's higher than Mensa?
you've never heard of it or you would've known it when I posted it.
--- 54633938
>>54633887
I know there are other clubs for top 1% top 0.1% etc, but there is literally no way you're a member.
--- 54633951
>>54633938
>there is literally no way you're a member.
You'd have to be familiar with one or two of them to know that.
You failed that test.
--- 54634001
>>54633951
Here's a list
https://www.iq-test.net/top-9-international-high-iq-societies-35.html
I've seen that before but why would I remember the names of these? literally doesn't matter, I wouldn't join mensa or another IQ club anyway.
How did I fail any test? you name dropped a high IQ club? how does that prove anything? show a picture of your membership card.
--- 54634043
>>54634001
>show a picture of your membership card.
I did
you didn't recognize it. Nobody here did. Nor would I expect anyone here to.
--- 54634049
>>54633792
>Last time you bragged about your IQ I posted a secret handshake to let you know where I sit.
You're an absolute retard who always posts backwards logic. Stop kidding.
--- 54634060
>>54634043
Post it again then and prove me wrong, it's that easy. Bet you won't.
--- 54634075
>>54634060
>Post it again then and prove me wrong, it's that easy.
already done.
I posted it for you, you failed to recognize what it is.
this is permanently recorded in /cmmg/ archives. Anyone that wants to can find you failing that test.
--- 54634088
Jfc, lmao
--- 54634122
>>54634075
I'm not going to go through 50 threads to find the pic you posted. You could just post it again but you won't because you are lying.
--- 54634136
>>54634122
>I'm not going to go through 50 threads to find the pic you posted.
surely a genius such as yourself could find an easier way to locate the thread.
consider it an IQ test.
--- 54634145
>>54634075
>this is permanently recorded in /cmmg/ archives. Anyone that wants to can find you failing that test.
This is an IQ test. Bob is not in an elite IQ group, just look at his posts. He's closer to bozo the clown than Einstein. Do not look through the archives for something that isn't there.
--- 54634152
>>54634136
Fuck off bob. You are are mid wit until proven otherwise (and you didn't).
--- 54634169
>>54634145
You'll actually find the pic twice in archives. Once this year when REF failed to understand it, and another time in /pmg/ 3 years back when another anon instantly recognized what it means because he's in the same club.
--- 54634243
>>54634169
The only club you're in is the nigger and jew loving club, bob.
NEW
>>54634226 →
--- 54634244
>>54634152
I proved it months ago.
And I didn't say anything more about it for months.
How long do you think I'll wait until you bring it up again and again until I finally prove you wrong? I'd guess months. Maybe years.
--- 54634260
>>54634244
You didn't prove anything and you are now lying.
--- 54634267
>>54633424
I give everything I have to this thread. You're holding back. Not a bro.
I'd kick you out if I could. You're not welcome here. Fuck yourself.
--- 54634281
>>54633566
I'm naming him faggot anon. That's his name from now on. Either that or bitch anon.
--- 54634325
>>54634260
>You didn't prove anything and you are now lying.
what I do is let you say that for a few months until everyone has seen you say it, then I prove you wrong in front of everyone. Again
>>54634281
>I'm naming him faggot anon. That's his name from now on. Either that or bitch anon.
he does seem like a little bitch
--- 54634433
>>54634325
Except you won't. Also I proved that I am the reincarnation of Napoleon in a general last year, not going to say which one though, if you're smart you will figure it out. So basically I am now Napoleon confirmed.
--- 54634462
>>54634433
the difference is I actually did what I said.
and I think you might even remember me doing it.
--- 54634471
>>54634462
No I did too, you just failed the test.
--- 54634483
>>54634471
I kinda made the whole thread about it.
Asked you twice if you had figured it out
--- 54634496
>>54634483
I'm calling your bluff
--- 54634509
>>54634496
yes, that's sorta what I said then. But you never recognized. Never responded.
it actually made me laugh a bit.
--- 54634530
>>54634509
Until you post proof you have proven nothing, noone remember seeing anything.
--- 54634540
>>54634530
>noone remember seeing anything.
anyone with an IQ over 110 would've found it by now.
--- 54634575
>>54634540
Nah, because it's not worth spending time on when you can much easier post your "proof" again, but you won't because it doesn't exist.
--- 54634599
>>54634575
someday I'm going to teach you how a search bar works.