11+ Trillion in currency and stimulus thrown at economy in less than 2 years...still not stopping Milton Friedman said excessive monetry creation can take two years to manifest in the CPI...we haven't stopped so accelerating inflation to at least 2024...Powell said today that our inflation is not transitory...no shit !
Wheaton Precious Metals Acquires Gold and Platinum Stream From Generation Mining Marathon Project
"The Marathon Project provides Wheaton with accretive, near-term growth that further diversifies our existing portfolio and preserves our focus on precious metals," said Randy Smallwood, Wheaton's President & CEO
#gold #preciousmetals #mining #stocks
https://www.nxtmine.com/news/articles/precious-metals/tsx-genm-wheaton-precious-metals-announces-acquisition-of-a-gold-and-platinum-stream-from-generation-minings-marathon-project/
You can eventually make a diamond and home grow salt, but not gold?
Edit: I didn't realize messing with gold could result in a radioactive bomb lmao
https://www.reuters.com/world/africa/car-exhaust-drug-craze-alarms-congos-capital-2021-09-27/
I don't see how anything in a catalytic converter could be psychoactive, rhodium/platinum/ceramic matrix?
Its jenkem all over again.
TSXV: ELE
OTCQX: ELEMF
If you are looking for a great way to diversify your investment in the mineral and PM space, you've come to the right place. Elemental Royalties provides just that. They invest in numerous junior companies that has enormous potential to grow and bloom with the new inflationary environment.
The kicker on why Elemental is so great, is because they provide a global investment strategy that allows you to gain access to otherwise difficult countries to invest in.
Its a safe and consistent stream of revenue for those who are looking for low risk investments. Its always a good thing to have across your entire portfolio, weather your an avid metals fan, or a newcomer to the industry.
The financials are fantastic, with Assets hitting a whole $28 million. Revenues are steady as well, however some of their investments are not even at production stage yet. That means there is significantly more growth to happen both in assets and revenue.
The company has low costs overall, so the revenues usually goes straight to the bottom line. Great news and value for shareholders.
Their CEO Fredrick Bell, received the "Young Rising Star" award at Mines and Money in 2018. He is a bright young professional that is read to take charge and push Elemental to the next level. He previously was a managing director at Goldcrest and even a General Manager or a ASX listed uranium company at just 25.
All things are landing in place for this soon to be profit machine. Get your value before its gone.
This is not financial advice!!
hi friends, not much of a poster. haven't seen any chatting about making some moves using BCH in the past month, so just a friendly reminder of some resources if you like the speed and near-free aspects of BCH:
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can use Purse.io to "Earn" BCH by filling Amazon orders. you buy amazon wishlist stuff, vet the "Shopper" to make sure they have some credibility, then buy their items at a 5-15% markup and get BCH. added bonus is the 5% back on Chase or AmEx's Amazon credit card, or if you're like me, you buy with 18-month 0% APR during the dips, then pay before interest is due (assuming you believe the dips will pay back more than your investment, and assuming you stay on top of your dates).
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BCH is almost always cheap and quick to send, unlike how a lot of people got burned in 2017+ when BTC got its $1 to $50 fees, taking many hours. you can also use BCH for a discount to pay for stuff like a VPN (mullvad.net gives a % off).
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BCH can be used directly (sometimes with BitPay KYC, sometimes directly to a business's website) to buy precious metals. you can have your crypto on a non-IRS-audited exchange like CoinEx.com for trades, keep BCH on a phone/hot wallet for routine purchases or sending friends, and a cold/hardware/paper wallet for making big buys. you can buy a massive amount of gold/silver/platinum coins/bars on sites like MoneyMetals.com, APMEx.com, JMBullion.com, etc. using BCH and then keep bullion as a hedge against inflation (if you think the UD Dollar/economy/housing market is going to have issues in the near future). this site shows good price information https://findbullionprices.com/ and i wrote about using BCH to buy physical metals here https://www.reddit.com/r/btc/comments/7lqji2/bulliongoldsilver_coins_using_bitcoin_cashbch_a/
happy 2022, and don't buy anything you can't afford to lose! stay free.
is recognition amongst global population. Gold means VALUE for 99%, 1% does not understand it.
Proportions are opposite for BTC.
I digested the most recent OCC report and updated the numbers to include Q3 of 2021. Note that my numbers are based on the derivatives with a maturity less than 1 year. Those are the shorts that many of us believe are the reason that silver prices remain low, even when all other commodity prices have soared. I won't go down that rabbit hole...at least not on this post.
https://preview.redd.it/e31vhxqbxr881.png?width=741&format=png&auto=webp&s=0b974c2f9aae5bad19ca2c4d5f25fab3357d80fb
Of BIG note: Bank of America has doubled down! As you can see, BofA wasn't a player until sticking a toe in during Q1 of 2020. Then, they went short about 300 million ounces in Q2 of 2020. For reference: 2020 global mine production was 784.4 million ounces. In other words, BofA would have to purchase more than 1/3 of the global production to close their position. That's a material number.
Ted Butler has issued an update on this (https://silverseek.com/article/more-serious-i-thought) and I'm offering the graphs to better show the magnitude of the big bank shorts.
For those who are more conversant in how these derivatives work, weigh in. From what I can see of it, it's pretty amazing to see these kind of numbers.
Oh, and as for the clown who always likes to tell me how many shares of PSLV that Bank of America owns...stop wasting our time. The numbers are tiny....TINY! They own $1.7M worth of PSLV vs the $17.8 BILLION short. That is .0096% which is essentially zero when playing with numbers this big. If you want to take cheap shots at PSLV, do your own posting and back up your opinions with data.
If anyone has some specific expertise about how to dig further into Table 9 (Table 21 in the latest) OCC report, PM me and we can discuss offline.
Mando
It's a soft, sweet song that gives a nice calming end to a mostly high tempo high energy album. Anyone else really like it?
There is a new start up company, basically before you waste your money on a company you can get someone to take you to the headquarters if you want, shit you can even get someone to the place they are drilling to see what's happening.
So instead of waiting for some CEO to decide to drip you bits of information you will be ahead of the game.
If you cant see the potential then you never got caught out investing in a mining stock and I congratulate you for it.
Check them out yippen.com you can even sign up for free
20,000 gold 2,000 silver A currency built on precious metals where 100% of the population would be able to have the freedom to value themselves, end the fed, end our reliance on politicians, end banks and give our children a future.
The problem is that no one really wanted this system, I'm talking about preciousmetalsmoney.com A concept created by a think tank that was completely ignored.
What we have instead is this complete farse
Hi all. Title pretty much explains it all. In regards to silver. Should I go miners? ishares? Physical bullion or coins? If anyone with some experience has some sound advice, would really appreciate it. Thanks in advance!
Where to Invest $1 Million Right Now: Infrastructure, Crypto Metaverse, Gems https://www.bloomberg.com/features/how-to-invest-a-million-dollars/?ai=eyJpc1N1YnNjcmliZWQiOnRydWUsImFydGljbGVSZWFkIjpmYWxzZSwiYXJ0aWNsZUNvdW50IjowLCJ3YWxsSGVpZ2h0IjoxfQ==
Reality Bites: A Forecast for Precious Metals in 2022
By Craig Hemke
Oh, boy. Here we go again. It's the start of a new year, and that means it's time for another adventure in long term price forecasting.
Instead of whining about tamping (which this isn't - it's called yield seeking by investors), use the opportunity to stack higher and faster. Our day is coming, but not just yet.
TSXV: ELE
OTCQX: ELEMF
If you are looking for a great way to diversify your investment in the mineral and PM space, you've come to the right place. Elemental Royalties provides just that. They invest in numerous junior companies that has enormous potential to grow and bloom with the new inflationary environment.
The kicker on why Elemental is so great, is because they provide a global investment strategy that allows you to gain access to otherwise difficult countries to invest in.
Its a safe and consistent stream of revenue for those who are looking for low risk investments. Its always a good thing to have across your entire portfolio, weather your an avid metals fan, or a newcomer to the industry.
The financials are fantastic, with Assets hitting a whole $28 million. Revenues are steady as well, however some of their investments are not even at production stage yet. That means there is significantly more growth to happen both in assets and revenue.
The company has low costs overall, so the revenues usually goes straight to the bottom line. Great news and value for shareholders.
Their CEO Fredrick Bell, received the "Young Rising Star" award at Mines and Money in 2018. He is a bright young professional that is read to take charge and push Elemental to the next level. He previously was a managing director at Goldcrest and even a General Manager or a ASX listed uranium company at just 25.
All things are landing in place for this soon to be profit machine. Get your value before its gone.
This is not financial advice!!
