/biz/ - Business & Finance

>>17986179
pic

>>1843170

>You explain to me how you're going to be preserving purchasing power with an item that very few people actively deal in

>very few

Nigger, what? Metals aren't some arcane shit that you need to have connections to get into. Walk outside a while or fucking Google and bang, there you go. Metals are a store of value, paper fiat bullshit is not.

>Monetary policy just makes the ebbs and flows much less extreme.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA no. Central banking/the Federal Reserve makes booms and busts more extreme by trying to force markets to what they want by fundamentally manipulating them. We don't need central bank fiat bullshit. They make it worse. The only problems they claim to solve are the ones they created when they tried to solve the last one, etc ad nauseum.

Without Governmental fuckery, even the Great Depression would have been pretty brief.

>No one buys gold or silver at full price

Correct, you'll get about $20-$30 less for an ounce of gold than it's worth. So if you bought an ounce for $250, then waited until August 2011 and sold it, you would only get $1,870 instead of $1,900.

What a crushing loss. I'm being sarcastic.

No empire is sustainable and math is a reality, no matter how many Inception levels of derivatives and QE and whatever the fuck else bullshit you want to pull out of your busted twink ass. Take your "it hasn't happened yet, so it never will, r-r-ri-right?" pussyfaggotry somewhere else.

>>1843178

They'll do another QE eventually.

>>1704201
>How do Bitcoiners feel
1000% gains while you have to cope shitposting, feels pretty good.

>>1701372

I'm concerned about this too.

If I had $20,000 in BTC and decided to cash most or all of it out, wouldn't that look shady as fuck to the bank?

On the other hand, there are precious metals dealers like JM Bullion who take BTC as payment, so guess I could buy 18 or so ounces of gold with it instead as a sort of pseudo money laundering, but what then?