/biz/ - Business & Finance

>>1924550

Yeah, maybe even cash out 1/3rd or 1/2. Secure that money. And of what you cash out, buy some silver and gold.

>>1879934

I imagine this. The armies and governments of the world aren't just going to disband because nomonieskthnxbye, just as they didn't in the Great Depression.

If we do nosedive like never before, it will be a nasty, terrible time, and society and the nations will come out looking somewhat different in the end, as will the economy, but it's not going to be Mad Max except in places it nearly already is.

Rioting, theft, starvation, murder in the streets, rape gangs, and so on? Likely in inner cities. Less so in rural communities. But it's not like people are going to fire of the nukes because the peasants are revolting.

The fact that people have to raise a Mad Max scenario, where any sane person would choose to be among the first wave of casualties anyway rather than being either raped to death or the equivient of an alcoholic wandering hobo, before having precious metals and stored resources become a losing proposition should tell you how historically powerful and potent these things are.

A farmer in a drought might sell his land for a gold coin that will feed and water his family in the short term, but if you have more gold where that came from, you now also have land when things start recovering.

Yo /biz/ness mens, how's your stack of real money doing?

What's that?
you don't own any gold or silver?
you only invest in digital numbers?

Good luck surviving past the crash, weirdo.

>>1832718

We haven't even recovered from the 2008 recession, the "recovery" is entirely superficial and only due to printing currency and this QE bullshit. We also now have a student loan bubble and bond bubble on top of that. Trump wants to cut the budget here and blow it up there.

I don't think we'll go full Venezuela in the next 2 years, but we will inevitably take a hard hit.

I'm comfy with my silver and gold as insurance.

>>1829550

Because dumb cunts gonna dumb cunt.

It's a way of retaining and gaining purchasing power and wealth, a hedge against inflation. That's about it.

/poorfag/ here.

Have $1287 to invest in precious metals. Thoughts on what to buy and from where?

PS. I'm not looking for coins or anything just bullion for the value of the metal

How do I get rich /biz/? Please give me a serious answer, I want to get a gf.