/biz/ - Business & Finance

>>55904858
Probably. I'm a friendly guy.

>>55750495
Funny. The USA is engaged in the final stages of the greatest rugpull in world history but I should be worried about gold being a scam?

>>55541214
Let's assume a small group of people has most of the money. Guess what? They must spend it on goods and services just like you, except much more because they can. Now the money they had is starting to circulate more and more. If they want more money, they need to invest it by building factories, airplanes, ships, farms, office buildings etc. Now the people who build and operate those things get some of that hoarded money and then they spend it on good and services. And on and on until it is fully circulating.

The only way anyone can hoard all the money is if the banking scam or government allows them to create it out of thin air. If you have real money that cannot be created by politicians and bankers, all is well. Produce something of value and you will have money.

"Indeed, we cannot see that, in this respect, there can be any other criterion, any other standard, than gold. Oh, yes! Gold, which never changes its nature, which can be shaped into bars, ingots or coins, which has no nationality and which is eternally and universally-accepted as the unalterable fiduciary value par excellence. Moreover, despite everything that could be imagined, said, written, done, as huge events happened, it is a fact that there is still today no currency that can compare, either by a direct or an indirect relationship, real or imagined, with gold. Without doubt, we could think of imposing on each country the way it should behave within its borders. But the supreme law, the golden rule — we can truly say — that should be reapplied, with honor, to international economic relationships, is an obligation to make up, between one monetary zone and the next, by effective deliveries and withdrawals of precious metals, the balance of payments resulting from their foreign exchanges." -Charles DeGaulle

Stay on target, filter fuds, trolls, and troll-feeders.

>>55299287
Maybe the world IS stupid enough to accept another currency that is limited in its supply only by the moral strength of politicians and bankers. But I hope not.

>>55271548
There are several reasons to stack. The most important is to convert fiat money and debt-based assets into real wealth. But stackers may also find historic, artistic, political, and other reasons for stacking. Just stacking cheap-as-possible bullion gets a little dull for me.

Anti-tranny and pro-tranny posts are equally off topic and annoying. Stick to PM chat and posts. How many times does this need to be said? If you continue to rant about trannies, you have become part of the problem.

>>54965840
I can't imagine how you could accurately calculate total national assets.

Remember, Frens, anyone who tells you to spend your money on consumer goods and frivolity rather than securing it as real wealth in PMs is not just YOUR enemy. They are the enemy of your unborn grandchildren. They are the enemy of the culture gifted to you by your ancestors. They are the mouthpiece of evil. They are feminized screeching harpies shouting down the manly virtues of forbearance, frugality, and foresight. Ignore them and be about your business.

>>53425223
At some point the question becomes "where else would I put it?" Assuming you own a home, guns and ammo, some stable food, then what? Real estate is already collapsing. The stock market is held up by a thread and the Fed is cutting it. Crypto is just gambling. Bonds are paying negative interest and that market is likely to collapse as well. So what are you going to do with your money?

>>53281713
I suggest you stop thinking about PMs "going through the roof in price". You are thinking in terms of fiat as a measure of value. But fiat has proven to ALWAYS fail as a measure of value because the quantity is in the control of people who ultimately cannot control their own greed and put their own interests above the interests of the rest of humanity. Fiat is a scam that was built on the legacy and reputation of gold and silver but was corrupted. Like every scam and con game, fiat will come to an end and everything that was built on the big lie will come crashing down and be revalued in terms of reliable measures of value. In many cases, the revaluation will be zero. What will be the reliable measures of value when the fiat scam breaks? Stackers believe (if I may be so bold as to speak for them) that the three thousand year history of silver and gold use as money gives a pretty strong hint. And the fact that Central Banks and governments around the world are stacking gold at record levels reinforces the idea that when the fiat scam fails, the world will revert to the always-trusted precious metal monetary system.

In Kamakura, Japan in 1252, the Japanese people built a giant 100-ton bronze statue of the Buddha inside a wooden temple hall. In 1334, a great storm knocked down the building but left the statute untouched. The temple hall surrounding the statute was rebuilt only to be knocked down in a storm again in 1369. The temple hall was rebuilt yet again but a tsunami in 1498 washed it away, leaving the giant bronze statute still in place where you may see it today. You can think of fiat money like the wooden temple structures and gold and silver money like the great bronze statute that emerges from every storm and endures.

>>53084128
Gold and silver have been money for thousands of years. Yes, greedy corrupt people sometimes have come to power and used that power to steal from people in various ways - including monetary trickery. But guess what has ALWAYS come back when the scams break (as the always do)? Gold and silver. \

We are at the end of the scam. Choose where you will store your wealth.

>>52799878
Wait and see. Gold remonetization is coming.

>>52524503
Thinks fiat money has a future. Meanwhile, the USD has lost 98% of its value since it decoupled from gold.

>>51528294
Congratulations! I'm a fan. May your herd grow and spread across the prairie.

>>50500689
Conquered by unfamiliar disease and a thousand year head start in technology. Nobody could have conquered your people on an even playing field.