/biz/ - Business & Finance

>>1884840

>>1274980

buy physical, son.

>>1203237

I get 40$ Kennedy halves for 99 cents over spot from Provident.

I want to get 90% coins, but I can't find them for less than 3.99 over spot or some crazy shit like that. Tried looking on Craigslist, no dice yet.

Apparently people frown on 40% because it's less silver by volume. I still like how cheap it is and the fractionality of it.

>>1137849

They're good for when the economy is shitting itself.

Silver is more volatile. During the recession, it went from about 10$ to 40$. Quadrupled in value.

Gold slightly more than doubled in value.

The gold/silver price ratio (the number of ounces of silver it would take to buy one ounce of gold) has varied widely.

Silver is the more affordable. Uses more space than the same value in gold though, i.e not as good a volume to value ratio.

Copper is shit. Volume-to-value ratio is no good.

Sorry, Peter Schiff and Meme Maloney are right; fiat money is a joke. Glorified Monopoly money. The next crash will be worse than 01 and 08 combined. The past 100 years has been buying shit in the moment, putting off payment generation after generation, and even now if it was paid, it would be paid in paper money that's not worth anything because it's not backed by gold.

Nations are repatriating their gold for a reason. China is buying tons of gold for a reason, likely to introduce their own gold-backed currency to replace the dollar when it finally shits the bed.

But this is crazy talk, the economy is fine, buy stocks, etc so on whatever. Fuck it.

>>1025928

I'm buying silver with the cash I would otherwise spend on movies and games. Not touching gold tho, it's far too rich for my blood currently. Besides, if I had gold money I would invest it in property.