/biz/ - Business & Finance

>>15260164
Is /biz/ an anti-Gold board?

>>15260164
it will protect your money from inflation

>>15260164
buy silver, cmon its obvious

>>15260277
Already have 50 ounces of silver bullion, should I get more? I bought half an ounce of gold a few days ago, did I goof?

>>15260321
Too much premium on fractional gold lad. If you're buying, go 1oz or greater.

>>15260350
Noted, I got a good deal on this half ounce though, premium wasn't that high. I think I'll stack a few ounces of gold and maybe another 50 ounces of silver.

>>15260164

MAGA

>>15260267
>inflation
lmao get with the times bruh thats not a thing anymore

we're all about japanification and deflation now

seething hedge fund managers and gold cucks can't process this that's why gold is having a small temporary rally

it offers no protection from anything, unless central banks implement anti-cash measures to support deeper negative interest rates gold is worthless, see great depression

>>15260381
WHAT THE FUCK DOES THIS EVEN MEAN AHHHHHHHHHHHHHHH

>>15260403
west is fucked, it's aging fast and people aren't spending enough and the chinks are sucking up all forex they can to prop up their scam of an economy

end result you get deflation where assets (including gold) decrease in value and actual cash appreciates

central banks are trying to stop this and stimulate the economy and prop up the assets, so they keep lowering interest rates, this creates a good environment for gold because it reduces the real interest you can get from lending cash and you have to lend to shittier and shittier people, this is how people in the silicon valley make money

but there's only so much central banks can do and deflationary forces will win in the end, unless they go full nuclear and ban cash, in which case they'd probably ban gold as well. I know that in certain countries they keep track of people keeping physical gold

in short gold is shit, your life is at the hands of elites who will never see you as anything more than a statistic, global economy is on track to collapse, buying gold may or may not work out but it's not gonna save you or anyone else from being fucked as gold bugs like to dream

>>15260381
>>15260594

>>15260594
>Oy very! Don't even think about gold!

>>15260239
No, BTC and Gold/Silver are both good holds.

It's heavy.

>>15260164
you are late to the party unless 3rd worlder or uk
should have been in gold months ago

>>15260381
>see great depression
You mean when Roosevelt confiscated everyone's gold because it was useless?