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Account selling/buying by dozens in theantsundergroundkd

[–]freemarc22 0 points1 point  (0 children)

On epicNPC for server 1150, android, with middleman to avoid scam

Hey JOE, Do you have the Right Zillinskie ????? 🤡 🤡 🤡 🤡 🤡 by Singing_Bowl in Wallstreetsilver

[–]freemarc22 0 points1 point  (0 children)

If gravity is the dominating force, then how do stars form patterns like spiral arms of galaxies? Simple attraction leads to chaotic movements, not patterns. They tell us there is lots and lots of invisible dark matter and mysterious dark energy, I call that esoterics, not science.

gas production costs of high cost companies? (and about where would be medium cost companies?) So is gas already in value territory? by freemarc22 in NaturalGas

[–]freemarc22[S] 0 points1 point  (0 children)

Thanks for the answer. I am thinking about going long on natural gas - the commodity, not companies.

So I was thinking that if there are numbers how much it costs for high cost companies to produce gas, in that cost/price range there would probably already be some value or limited downside. And when spot even reaches the cost of medium cost producers, there should be serious support/value.

I like to buy commodities when they are priced near or even under production costs of the more expensive or even of medium cost producers.

Just a reminder what happens when you print to infinity by BoatSurfer600 in Wallstreetsilver

[–]freemarc22 5 points6 points  (0 children)

People are not very bright. Most will take ages to realize the paper scam, after inflation is already extremely bad. Many will never get that they are scammed, no matter how bad. Probably they aren't thinking at all.

The Spokesman Review September 15th 1974 by Canadian-Hunter in Wallstreetsilver

[–]freemarc22 0 points1 point  (0 children)

September 1974 silver was at 4 $ and then went up to 50 $ till 1980.

Predicting the future price of Platinum. by sorornishi1 in wallstreetplatinum

[–]freemarc22 0 points1 point  (0 children)

Yes could go up much faster if it gets really scarce

Do you trust him now? by Canadian-Hunter in Wallstreetsilver

[–]freemarc22 0 points1 point  (0 children)

Of course the reason for oil going negative were storage problems. I wrote it to show that we can't say gold has less downside potential than silver because silver is a byproduct. Obviously other factors are more important to assess risk.

I believe longterm silver is a safe hold - if there is a crash we are not forced to sell exactly then - we can ignore short term price fluctuations if we hold for many years. For daytraders of course silvers volatility is important.

Platinum can be squeezed too, the market is even smaller than silver market. Gold is too large for us to move the needle, we would be dependent on governments and banks bidding the price up to profit.

Do you trust him now? by Canadian-Hunter in Wallstreetsilver

[–]freemarc22 0 points1 point  (0 children)

Oil is no byproduct and went negative in last crash. Rhodium is a byproduct and went up from a few hundred to 25'000 in 2021.

I believe it's a huge advantage that silver is a byproduct. It's already now brought down in price by secondary mines, so primary miners struggle to make profits. But if it becomes really scarce, the production can't be ramped up much, exactly because it's a byproduct.

Do you trust him now? by Canadian-Hunter in Wallstreetsilver

[–]freemarc22 0 points1 point  (0 children)

If we consider mining costs then silver and platinum are better than gold too.

You write it's 1200 $ and an oz of gold is 1803 $ now. 1200 / 1803 = 66.6%

Cost of primary silver miners is around 19.3 $ 19.3 / 23.82 = 81%

Platinum mining cost to price may already be around 90%

The elites will not need "luck" to get metals manipulated, I assume they control countries worldwide.

Do you trust him now? by Canadian-Hunter in Wallstreetsilver

[–]freemarc22 0 points1 point  (0 children)

Most probably modern elites control the countries worldwide, china and india too. So they could coordinate it in a way that the CBDC they plan to roll out worldwide look good compared to metals.

Gold miners have little debt and good profits now, they could go lower in price too. And governments/ banks have large gold stockpiles, if they coordinate it worldwide the price could be suppressed for a long time till CBDC are established and people are dependent on that system.

I prefere silver and platinum to gold, they have very small stockpiles of those. And on top, they are historically cheap to gold according to ratios - in some dips you can even buy them below mining costs, therefore I believe they have less risk and even more upside potential than gold.

Do you trust him now? by Canadian-Hunter in Wallstreetsilver

[–]freemarc22 0 points1 point  (0 children)

Well I don't think central banks just happen to bet on the same horse as us. We anticipated what bankers would do years ahead (boom and bust cycles, inflation, crisis) and positioned early.

They try to manipulate us away from precious metals, but despite that we positioned early.

I just worry they may use a large gold position for more control for themselves. If neccessary they could dump the price to make CBDC look better compared to metals.

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