/biz/ - Business & Finance

>>58365725
First they hate you for buying a "worthless" rock.
Then they hate you for "hoarding" it.

>>58302707
>he sold his physical

If I wanted to flip it, I'd just buy mining stocks instead. Which I did and I'm up 50 - 60% on many of them already.

>>58282100
Gold $8000
Silver $270

>>54823935
I'm at ~200 oz Ag and 1 oz Au

You're trying to confuse "real money" with "fiat." Fiat means by government decree. But that fiat dollar is forming cracks and when it fails, the market will determine what is currency. The government can try to impose fiat, but history shows that government trying to force a worthless currency right after the previous one fails - the new forced currency always fails. You can't fight the market. It's like fighting entropy. Entropy will eventually win.

>he thinks unbacked fiat currency is "money"

>>54626651
Good, thanks for the heads up. I can keep stacking at a reasonable pace again.

>>54608797
Rocks are not primarily for making money, they're for storing value after you've made the money. And you diversify your assets across multiple classes. Gold and silver are inherently part of that.

>>54580637

Genesis 13:2
Abram had become very wealthy in livestock and in silver and gold.

Genesis 24:35
The LORD has blessed my master abundantly, and he has become wealthy. He has given him sheep and cattle, silver and gold, male and female servants, and camels and donkeys.

Genesis 24:53
Then the servant brought out gold and silver jewelry and articles of clothing and gave them to Rebekah; he also gave costly gifts to her brother and to her mother.

Silver has been money since the dawn of civilization.

Glad I saved some scrip over the last month so I could pull the trigger on my first kilo bar this weekend.

>>53379343
I agree. Sell me all your worthless gold and silver. I'll even pay close to spot.

>>53026985
I those things too and I still stack.

https://www.gsmarena.com/huawei_no_kirin_chips_wont_return_in_2023-news-56429.php

>There's currently a big obstacle in front of Huawei as the company can't find any chip manufacturer that doesn't use US-based technology in its factories. And it appears the company may have given up on trying to find a solution for the time being.

They're mad at the filthy masses for driving up demand and prices.