/biz/ - Business & Finance

>>56783556
>because on an institutional level money can be made by speculating on PMs
They can do that without storing it, but the banks are storing it in record amounts.

>and they can be sold to individuals. As an individual that is meaningless to me.
You're always making it about you instead of looking at an international level.

In the case of an apocalypse, what value would gold have? Would it be a completely worthless yellow metal, or an insurance once currency comes back?

>>1407024
I say go for it mate, although be prepared to have a lot of trouble finding a relevant job. All I can say is don't give up. I am in a somewhat comparable position to you as well. I worked for years in shit tier care work but I started doing accountancy training (AAT) around 22, although it took me till around 6 years to finish it because I dicked around (should have been 3 years) but the whole time I was studying on nights and working in care, I was applying for entry level jobs but didn't get anything but eventually got a job in a big company in a call centre when I was 28. Then from there I saw an internally advertised vacancy and moved to the finance department, now I am studying to become an accountant - I'm 29 and have done 5 out of the 14 modules required. It's bloody hard work but I feel it's worth it, although I realise how far behind I am every day.

>>1288923
exactly my point. Is there any real argument against this? It seems to me that most of the people who are interested in trading, at least at a lower level do it because they have this delusion that they can beat the market or beat the expert and while they may get lucky once or twice, experience shows that over time you can't beat the market no matter how good you are.