/biz/ - Business & Finance

>>22262962
depends how much money you have. most people here say 1:100 Au:Ag ratio. lately pundits have said 5-10% of your total net worth is conservative. they also say "gold is not bought as an investment but as a store of wealth / hedge against inflation", which is of course bullshit because you're going to see mad gains in miners once the hangover from the retards on tech bubble 2.0 gambling their way into a crumpled up grumpy bear wear off.

there's a shit ton of money out there, it'll eventually pile into stocks of miners. I'd say buy whatever Eric Sprott is buying, that's what I'm doing (limited to holdings in Australia).

as for physical gold, it's the most faked commodity, so you probably want to go with someone reputable. this problem will get worse with time, so it also pays to look into tech that can test the metals reliably if you're looking to get into the business at all.

short term there are more gains to be made in miners. the point of PM is not to get the world's biggest hoard, it's to time your entry into non PM assets such as to get the best bang for your buck, you need assets that bring in profits (not stonks which are crap) longer term but this moment is a good time to get rich very quickly off miners.

>>22256157
>>22256360

ok ill change it to your "Japanese multinational conglomerate holding company", thanks!

i could make these bad boys all day.