/CMMG/ - Commodities, Mining, and Macro General

$3,200 GOLD EDITION

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Which of you feel bad selling last week?

b-b-but muh GSR

The absolute state of silver schizos and their irrelevant ratio is hilarious.

I pounced, added to 3 positions

I almost feel bad for Gary's retarded followers letting Gary shake them out right before the greatest run in the history of gold. Gary has gone radio-silent on X since Wednesday

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I never understood the "sell on dips" crowd

If possible, buy Euros and Yuan. I can see the US losing reserve currency status this year or next.

Trade one shit currency for another

The proper move is gold.

Which one did you go balls deep in?

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What a year

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BTC

keketty kek

Snowline Chads could see ATH today, before the MRE update

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Gold is very hard to transact these days.
It's mainly useful to sit on until you need to buy something with it, then convert it into a national currency.

Gold is very hard to transact these days.

Gold is the most liquid asset in the world. It can be traded anywhere by anyone. There's not a corner on this planet where gold is unknown. Paper is paper, and gold is money.

I feel a little bad, but I was overleveraged anyways. The market flushed out some excess liquidity including some of mine. Still overleveraged today, but less so. Not sporting a >2x leverage anymore. Now sitting tight with my current positions and looking for good dips to buy mostly away from gold since gold stocks aren't dipping much right now. Really happy to see the gold miners making a bullrun to new ATHs

The manger's crazy

He always smokes DUST

He's got his own room

At the back of the bus

gold is money

you fell for the grifter meme

true, gold isn't money. It's better than that, it's a tier 1 reserve asset not exposed to country risk.

go to a gun show, flea market, or farmers market and youll find takers

but muh gasoline and eggs

ill meet you at the store and fill your tank and trunk with groceries for one troy oz of gold

the day bong-kun buys an ounce of gold is the day the bull dies and the bear gets ready to jump out of the window.

Another plane, another train

Another bottle in the brain

Another girl, another fight

Another drive all night

Gold has value (mostly because of the insanely liquid paper market) but "gold is the only real money" is pure bullshit the paid promoters peddle. Don't be a rube and fall for it.

I don't have to fall for it. I knew that since my childhood.

yep, gold is literally ingrained in our culture, collective subconscious and DNA. That's ultimately what makes gold valuable. Because we all fucking love this yellow rock!

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Yea, but would be nice mines start paying better divvies

So Graeme, what would you say you do at Bayhorse Silver? Is the mining permit in the room with us now? What about the four world class geologists? Are you still trying to unload your bags of silver ore you "found" in the abandoned mine?

USD losing against all currencies that matter

Forex gang strikes again

Tho why Chilean Peso is the strongest today?

copper bounced back which is their leading export i think

Ah, makes some sense.

prepare for dip buying

set silj order for $10....missed by

10c

set cper order for $25......missed by 60c

tiresome desu

cough up the cash goy. Buy the pump.

well i managed to buy pheonix for $5.23. so one order out of six filled earlier this week. up 7% so far.
been watching bags of constitutional silber but that evaporated quickly. if a $500 bag of quarters breaks under 10k, im buying it

Lol, grok fudges answers when its too lazy

I should be so lucky, I've been waiting 4 years for Rana to deliver the bonanza

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it's not about luck anon. Rana is a telecom CEO operating a small hard rock mine in a company that should not be a publicly traded security. Allied Gold is a midtier producer with billions of dollars in NAV, headed by an ex-Yamana team. You know, those guys that sold their company to the leading gold and silver companies Pan American and Agnico for almost $5B. Guess where your money is better treated.

KEK at First Majestic's price crabbing

I had Yamana and did well, good team. Wish I still had Agnico, but I do have Northern Star that is pretty good

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Northern Star is also a favorite of mine. Really happy to be long there with you fren. I honestly like NST more than AEM. Both high quality companies obviously, but NST is much cheaper and has much stronger growth lined up.

Completely agree, good luck NST fren

How much full retard is it to you guys to hold Hycroft? XD

dat saylens

GIGA shitco leveraged bet. I prefer to buy actually good companies with credit. Much better way to get leverage imo.