/biz/ - Business & Finance

What is the point of owning gold and silver, if the Government will confiscate them in the future? This makes crypto superior because you can hide it away from Governments reach. Why are goldbugs so retarded?

>you had 5000 years

Why is it worthless? It has no industrial application and it certainly isn't an hedge against inflation like Bitcoin. What exactly is the purpose of boomer rocks?

I can't believe I wasted all my money on gold. Is there even a crappier asset than gold? I been memed by /pmg/ and /setf/ shills into buying usesless boomer rocks.

Gold and silver are worthless. They have literally dumped 90% since last year and won't stop any time soon. The thing about silver is that there's more than 100x as much in the ground as there is gold (which is also worthless), and its "industrial uses" are massively overrated because copper outclasses it for any conceivable use.

PMs are going to zero, you'll be able to get it for free off of craigslist soon enough if you're willing to go clean it out of dejected stackers' houses and transport it away. Furthermore, asteroid mining operations will be up and running by 2030 and they will QUADRUPLE the supply of gold.

which have performed extremely well this year compared to pretty much any other non-cash asset on the planet. But I'm feeling like now could be a good time to flip into shitcoins.

I will eat a 2% fee to sell the entire lot to ETH. Not bad.

Wut think?