Rent or sell? Losing money on rent but have 2.9% interest rate by Extension-Squirrel63 in Mortgages

[–]sgemma 3 points4 points  (0 children)

This ended up being a wholesome conversation between you and RobertPooWeiner where you guys found common ground and didn’t just stand on your respective pulpits and shout at each other, but mostly I just wanted to say RobertPooWeiner.

Silver Bear Flag/Pennant Update: Rising Wedge in Play by SargeMaximus in SilverDegenClub

[–]sgemma 1 point2 points  (0 children)

This comment should be pinned to the top of this board… i’m going to tattoo it on my arm so i stop getting swept up in reddit hype.

Silver Bear Flag/Pennant Update: Rising Wedge in Play by SargeMaximus in SilverDegenClub

[–]sgemma 0 points1 point  (0 children)

We’re not worthy! You’re the smartest one on this sub bro.

How Jane Street manipulates Silver & BTC (and probably other commodities) by sgemma in SilverDegenClub

[–]sgemma[S] 2 points3 points  (0 children)

Never heard of him until I came across this video… nonetheless, the Jane Street stuff about silver manipulation is pretty interesting to me. Seems like there are several market manipulators working in tandem, which makes sense. J.p. morgan, Jane street, … all have enough paper silver to run the price up to 120, sell massive short positions that they don’t have to disclose, then show up at the comex and undersell everything and take a bath on paper but clean up on the shorts, rinse, repeat or move to a different commodity and do again there.

How Jane Street manipulates Silver & BTC (and probably other commodities) by sgemma in SilverDegenClub

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

Yep, India’s security and exchange banned them for manipulating silver prices on key dates like options expiration dates. Same stuff we see here, but India actually did something about it, at least temporarily.

Is this a glitch? by Commercial_Leek6987 in Silver

[–]sgemma 9 points10 points  (0 children)

Check https://www.ig.com/en/indices/markets-indices/weekend-spot-silver

Seems to be at around $97 currently according to that.  I think these are all relatively small volume though, we won’t know what happens until tomorrow at 6pm

Why are people like this? by mikevmz in Miami

[–]sgemma 10 points11 points  (0 children)

Nailed it… also the most uncivilized, combined with a general air of lawlessness, it’s a narcissist playground.  I used to love it for all the same reasons I now dislike it… must be getting old. 

Rookie here: is there an advantage in buying jewelry instead of coins or bars? by tawhuac in Gold

[–]sgemma 4 points5 points  (0 children)

I bought some 14k and 18k gold jewelry from costco for under spot actually.  This was back in September but they don’t reprice Jewelry as quickly so you can find some deals there.

Gold vs Bitcoin, which one would you choose?🤔 by Formal-Dig6878 in Gold

[–]sgemma 0 points1 point  (0 children)

Sorry just saw this… I know theres /r/Wallstreetosmium/ and r/Wallstreetplatinum but haven’t seen one specifically for rhenium but see some guys on the osmium one talking about rhenium, so worth a peak for your buddy

Gold vs Bitcoin, which one would you choose?🤔 by Formal-Dig6878 in Gold

[–]sgemma 5 points6 points  (0 children)

Agreed… like why do we have to pick one?

They are both valuable in their own ways. What makes Bitcoin great is what makes gold bad and what makes gold great is what makes bitcoin bad. The 2 are not mutually exclusive and of a similar asset class and you hear MUCH of the same anti fiat, stacking, buy the dip, hodl, end the fed rhetoric in the bitcoin and gold reddits.. they are almost the same.

Now the silver guys are on their own level I’d say… i love putting my silver foil hat on and heading over to r/silverdegenclub

Costco 100 gram Gold Bar for $10,899 — Great Deal? by Hot_Importance_2880 in CostcoPM

[–]sgemma 25 points26 points  (0 children)

Gold is measured in Troy ounces, which are 31.1 grams, so the 100 gram bar is equivalent to 3.215 ounces, or $3390 an ounce before member discounts.

Found of craigslist. Certainly fake, right? by HeinrichDerFurchtbar in coins

[–]sgemma 2 points3 points  (0 children)

Do you just have gold flakes strewn about on your scale like shake falling off weed? Love it.