/biz/ - Business & Finance

>>51617089
is there any guarantee anyone would be willing to buy gold or silver at such a high price during a recession?

Going to start stacking, opnions on first buy silver/gold bullions/coins.

Whats a good first buy?

Going to buy my first bullion/coin and need some tips, What to look out for? How do I know whats a reasonable price or scam?

>>20658054

You grab a calculator for the third time that day, multiplying your gold and silver ounces by the price of each… the total staggers you all over again, even though you checked it just a few hours ago. Precious metals prices have been screaming higher for weeks now, jumping 5% to 10% every day, frequently higher. One day last week gold was up 20% and silver a whopping 36%, just like in 1979.

Meanwhile, the Dow and S&P have crashed. Real estate has frozen up. The bond market is a bloodbath. But gold and silver prices are soaring. Welcome to the wealth transfer.

The world is in a panic—the US dollar has crashed and the resulting inflation has spiraled out of control. Everyone around you is desperate to get their hands on any gold or silver they can. It’s morphed from greed to fear to survival. Investors scramble to buy bullion while it’s available, premiums be damned.

Prices march higher every hour. There’s no let up. Daily gains of 5% are viewed as small, but they make up for it the next day. Your portfolio swells bigger virtually every trading hour. Your life is changing right in front of you at breakneck speed.

You turn on the TV and every program is talking about the latest calamity in the markets or economy. Gold and silver updates, the only bright spot, are interjected every 10 minutes, more often than the OJ trial at its height. Breaking news is schizophrenic; it jumps back and forth between crisis updates and soaring prices in the precious metals markets. Breathless reporters strain to be heard above the noise on the trading floor, yelling about computers that can’t keep up and traders getting margin-called or becoming overnight millionaires. You’re glued to the screen and continually try to calculate your gains on the day—you can't help it.

You grab a calculator for the third time that day, multiplying your gold and silver ounces by the price of each… the total staggers you all over again, even though you checked it just a few hours ago. Precious metals prices have been screaming higher for weeks now, jumping 5% to 10% every day, frequently higher. One day last week gold was up 20% and silver a whopping 36%, just like in 1979.

Meanwhile, the Dow and S&P have crashed. Real estate has frozen up. The bond market is a bloodbath. But gold and silver prices are soaring. Welcome to the wealth transfer.

The world is in a panic—the US dollar has crashed and the resulting inflation has spiraled out of control. Everyone around you is desperate to get their hands on any gold or silver they can. It’s morphed from greed to fear to survival. Investors scramble to buy bullion while it’s available, premiums be damned.

Prices march higher every hour. There’s no let up. Daily gains of 5% are viewed as small, but they make up for it the next day. Your portfolio swells bigger virtually every trading hour. Your life is changing right in front of you at breakneck speed.

You turn on the TV and every program is talking about the latest calamity in the markets or economy. Gold and silver updates, the only bright spot, are interjected every 10 minutes, more often than the OJ trial at its height. Breaking news is schizophrenic; it jumps back and forth between crisis updates and soaring prices in the precious metals markets. Breathless reporters strain to be heard above the noise on the trading floor, yelling about computers that can’t keep up and traders getting margin-called or becoming overnight millionaires. You’re glued to the screen and continually try to calculate your gains on the day—you can't help it.

Does anyone invest in precious metals? i.e. silver, gold, platinum or palladium?

Is it viable? Should I start stacking?

t. brainlet looking into investing into metals

(((manipulators))) are fudding the shit out of shiny rocks. Buy rocks goy! You never know a certain pattern of atoms will someday be worth more than 1's and 0's.

Hey /biz/ I've been kicking around the idea of purchasing a couple hundred dollars worth of gold and silver every month. However, I have no idea if it is a good idea. Would I be better off putting the money into gold and silver stock or the physical product?
> this is all new to me