/biz/ - Business & Finance

You buy stocks, brainlet.

>>15650818
Real inflation is far worse than the official numbers published.

>>15650818
Just invest in CCOOOOOOMMMIIINNNGGGG

>>15650818
It's actually worse than this. There simply are no shortcuts.

>>15650818
you are correct, inflation rate is ideally kept around 1-2% a year but it fluctuates. so it sounds like the 2% interest rate you had did not keep up with inflation. so your original 10k purhasing power now has slightly less purchasing power at 14,859.

even some of the safest investments have a higher than 3% return, giving it to the bank to hold is a terrible idea

>>15650889
>>15650849
BUT MY MIDDLE SCHOOL TEACHERS TOLD ME THAT COMPOUND INTEREST WOULD MAKE ME RICH

>>15650907
They we were right. You are just a brainlet that interpereted it as compound interest from a savings account would make you rich.

>>15650818
This is why it says in the constitution only congress shll coin money and not a like federal reserve. This is why homeless camps are everywhere in california and 10$/hour cant make ends meet for a young person.

The ONLY way to make it is get a couple hundred ounces of silver and like 5 ounces of gold. Wait for the currency collapse and you'll make out like a bandit.

Remember...lets say you have 5 ounces of gold....and gold gets revalued to 30k/oz to purge all the debt from the system. So now you have 150k. Ok, well 150k isnt that much at all, your thinking to yourself I certainly havent made it. But what will happen in a crash is we will have a deflationary collapse of all asset prices. So a current median priced home in america thats 170k will now be worth 30k after a collapse. So basically the 150k you will have in gold will be like having 150k in the year 1930.

"If the American people ever allow private banks to control the issue of their currency, first by INFLATION (what is happening now), then by DEFLATION (what is coming), the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

>>15650818
Buy gold and silver

>>15650937
No. Compound interest really is a fucking meme to get you to invest in 401k and index funds that leave you no better off than everyone else who is doing the exact same shit.

Depending on compound int is a total meme. You need genuine cash flow. Compound interest let's you keep and grow your wealth but only once you have the base wealth. It is a meme. Have fun waiting forty years for your paltry 1k a month to pay off

>>15650950
Thomas jefferson quote. forgot to source.

>>15650950
>Thomas Jefferson actually said this
You have a link to that video?

>>15650950
That's crypto not shiny rocks

>>15650818
It's correct.
That's why you should have bought LINK in 1999.

>>15650965
>No. Compound interest really is a fucking meme to get you to invest in 401k and index funds that leave you no better off than everyone else who is doing the exact same shit.

I tell this exactly to my boomer dad and boomer moms boyfriend. And they dont get it. And my dad got his MBA from univ of chicago...

How do these people not understand that everyones stock portfolio going up in value is just inflationary...and everyone just gets richer by having all their money in the market.

(Artificial) Inflation is theft.

>>15650950
Thanks for the in-depth explanation anon. I wish this shit was taught to me when I was younger

>>15650965
>Compound interest really is a fucking meme to get you to invest in 401k and index funds that leave you no better off than everyone else who is doing the exact same shit.
The majority of people are not consistently investing and reinvesting in equities, even in the US, much less in the world at large. If you are a young person and you have a stable job and contribute monthly to equities, you are in the minority.
Buy gold, silver, and real estate too. Hold some bonds and cash, sure. But the most reliable way to build wealth and beat inflation has always been high quality equities.

>>15650950
big brain post

>>15651002
No problem. Dont fuck around in stocks. Im guessing you dont have much money but do what you can to even get a couple ounces of gold and 100 ounces of silver.

Remember...for most of human history a silver piece the size of a silver dime was equal to a days wage. So for every ounce of silver you buy for a measly 20$ you are effectively locking up 2 weeks worth of wages post collapse. Since 14 silver dimes is equal to 1 ounce of silver.

AND it will probably be 2-3x this too because there are billions more people on the planet now and much less silver available.

>>15651002
you dont need much gold and silver. Even the gold bugs are fucking retards. They think its just to maintain wealth. So some dumbass boomer

>>15650972
>video

>>15651025
Wouldn't holding cash be worse than earning compound interest on it in a bank?

>>15651002
You dont need that much remember that. Even goldbugs are fucking dumbasses. I go on kitco and these boomers think that gold is just to maintain wealth. So these morons who think they need 1 million for retierment actually buy 1 million in gold.

But in a dollar collapse it isnt like these boomers are going to just maintain their wealth. I mean when there is 10$/gallon gas and roving niggers gangbanging housewives it isnt like these boomers are going to be showing up to the gas station with silver dimes and paying their 2k/month mortgage while main street is burning down.

This is the time that you buy assets for pennies on the dollar. These boomers who have like 5,000 ounces of silver are going to have generational wealth even tho that 5k ounces of silver only cost them like 40k to get pre dollar collapse.

>>15650818
How could you earn 2% interest for 20 years? From 2009 to 2017 money markets were paying nearly 0% interest.

>>15650950
if you think the government is going to let you keep your gold during that shit you are going to get fucked.
they'll plant CP on you somehow and come take your silver or gold.

>>15651091
All I wanted in life was a house and a family. Now I either have to prepare for a dollar collapse apocalypse or earn enough money to not live with 4 roommates and eat bug burgers for the rest of my miserable life. Fucking hell.

>>15651122
It was just a best case hypothetical. The point I was making was that due to inflation, compound interest will never earn you a profit.

>>15651087
pretty sure having a savings account is what he means by holding cash.

>>15651127
This

>>15651127
Well then everyone is fucked and it doesnt matter. Also 2nd amendment faggot.

>>15651130
Well at least your super young and can prepare now, and not have to worry about the rat race, and possibly come out way ahead.

>>15651087
When the negative interest rates come we will have to pay the bank to have a "savings" account

>>15651157
Amazing what pussies you guys are. Scared of the government.

>>15651127
By this logic no point in preparing for anything because the gubmint's just going to rob you.

>>15651161
Holding gold bullion was literally illegal last century in the USA you ignorant retard.

Feel free to tell me what happened to the price of gold in 2008 while you wait for the next crash

>>15651091
>>15651058
>>15651051
When would the collapse even happen? 30 years? 50 years? 90? Frankly I don't see such a thing happening anytime soon.

>>15651202

>>15651202
and only pussy faggots turned it in.

>>15651214
could happen tomorrow. point is, better have it before the reset or youll be fucked and priced out like venezuelans.

At nevy federal. You can get about 3.5% on a CD

>>15651273
>could happen tomorrow
Wildly improbable. It could also happen 250 years from now. You have to weigh the opportunity cost of investing into gold/silver vs an investment that would reap greater profit.

>>15651311
You aren't understanding. Gold is money and not an investment. Stock are investments. The point is if you have 100% of your money in the stock market and you make 20% gains this year... that's just fantasy paper wealth that will crumble in hyperinflation. If you don't convert your fiat or stock gains into a real asset and real wealth - gold. Then you will be eating your dog just like Venezuelans are doing when it implodes

>>15651311
But again.... you don't need much gold and silver. 10 ounces of gold and 300 ounces of silver will be fucking a shit ton after a dollar collapse. So it isn't like you have to cash out your entire 401k or stock portfolio to get massive gains in gold

>>15651311
You need to understand that gold is REAL wealth and is a real asset. Every investment you are talking about is a financial asset denominated in fiat. Big difference

>>15650818
Just give your money to Vanguard and enjoy life.

>>15651456
>>15651483
Let's say you have $5,000. You could buy gold or say, invest it into some shitcoin. That shitcoin does a 5x and you cash out. You now have $25,000 and now can buy far more gold if you choose to. Opportunity cost.

>>15651025
>But the most reliable way to build wealth and beat inflation has always been high quality equities
True, but one day that will just not be true. The lies will break

>>15651456
>that's just fantasy paper wealth
stocks are backed by the capital assets of a company. those are physical tangible things like real estate and machines.

>>15651508
Sure...with 5k yeah i understand doing that. But what you just said is the same thing my dad says. But my dad has a lot of money. And he says I can leave it in the stock market... make 10% this year and then by even more gold. But he still doesn't buy. The point is you need to have the gold and silver when the currency reset happens or your fucked.

Nobody has a crystal ball to invest fiat in rocks or crypto to ultimately get more gold and silver. It's important to have some. And even 5k is 200 ounces of silver which is a good amount.

>>15651197
no because if you are willing to bug out and take your essentials itll be hard for them to find shit but they will look for the gold/silver you have. You really going to lug around fucking heavy ass gold as the military/militia roam around the country side? ya no.
>>15651161
what makes you think the 2nd amendment is going to save you? boomers wont defend shit. When they come for the guns boomers will lay them down and so will you. Those who don't will be shamed because everytime a faggot MUH GUNS says they'll tell you to fight it in court by the time itll be all over.

>>15650950
Why doing "gold get revalued to purge all debt from the system"? What the fuck does that mean? What system?

>>15651202
ZERO people were convicted of owning gold.

>>15651514
Bingo. Boomers are so retarded.... oh my stocks are up 10% this year. The Dow is doing great. Yeah but your doing the same as everyone else. Your not getting richer, that's just inflation

>>15651178
in desperate times the government will clinq so fucking hard to its existance that it will make boomer retards who scream about muh guns give them up without a fight afraid for there family or jobs or whatever it might be. The police/military/boomers and so on will do what the military says to keep there families alive.

>>15650818
And you have to pay taxes on those inflation "gains"

>>15651515
Companies are fucking borrowing money with no interest and buying back their own stock. Everything's pozzed dude. It's all fucked. We are all in the movie Armageddon sitting on the asteroid with a front seat to the end of the world and I'm laughing and waiting for impact and all of you think shit is going to be ok.

>>15651561
>Yeah but your doing the same as everyone else.
bullshit. %60 of the consumer population is living without savings. most of the middle class is just plunking into the 401k blindly, if at all. there is like 2 other "stock guys" at my work and i make over $100k a year.

>>15651552
The world biggest problem is that the world is swimming in debt. Alll fiat currencies are in a race to the bottom. The fix to this is simple 8th grade division. You revalue gold to anywhere from 10k- 100k per ounce and then prices of everything from lambos to toilet paper effectively become gold prices.

>>15651579
so what? conagra isn't going to stop making food all of a sudden. none of the oil wells are going to stop pumping. everyone still has all there stuff. venezuela didn't have any stuff. america has tons of stuff. fucking heaps mate. we have more stuff than anyone.

>>15650818
now go a level deeper and realise a consumer price index that changes every year is not a reasonable measure of loss of purchasing power

realise gold is the measure of value over time and the dollar losses on average 7%pa against the dollar
this is literally the point of Keynesian economic theory they maximise employment by making you poor

central banking since 1913 has been the single most tyrannical political system in human history. if you do not measure prices in gold you are a slave more than anyone in history has ever been a slave.

>>15651551
I won't lay down shit faggot. I don't give a fuck. Also... there's no way now with govt distrust that they will confiscate. What will happen is they'll buy it from you because the gift will in fact need the gold. So you might get fucked but you'll still make out like a bandit. S0 after a deflationary collapse a median priced home is 30k. You have 10 ounces of gold. so you can buy 10 homes, but you have to pay a 50% tax on that gold but selling them the gold for a new currency. Ok that sucks but I can still buy 5 homes

>>15651592
I understand I'm talking about boomers with long careers under their belt already with stocks and 401ks not millennials.

My dad thinks he's getting richer along with everyone else in the dow. But they aren't. It's just inflation. The stock market 2x under Obama but so what? Prices doubled too

>>15651087
You want to hold some cash for buying opportunities in equities, or for a deflationary/liquidity tightening event.
Berkshire (buffet) is holding a mountain of cash (well, short term bonds and treasuries). Other people are holding a lot too. The point is to have some juice, or a whole lot, when you need it. The cash itself isn't going to beat inflation for you, it's a stabilizer and lubricant to get more out of your equities

>>15650950
reminder
HODL gold is not the answer
gold standards are not the answer
ending the fed is not the answer

the only way to fix this system is mandate that prices be denominated in pure gold.
then it does not matter who issues the currency whether it's bitcoin or digital fiat.

>>15651656
How is that not the same as a gold standard?
Prices in terms of gold = dollar being fixed to gold

>>15651606
Doesn't matter something's going to break. Keep some of your stocks I don't care. All I'm saying is you are fucked if you don't own even just 10k worth or gold and silver.

What you fucking morons don't understand is that there is a difference between savings and investments. How fucking stupid could one be to have 100% of their net worth in the central bank manipulated stock market? It's fucking suicide. Take 20% out and put it into gold and it won't fucking matter if you lose the the other 80% on the stock market.

Honestly... you fucking idiots who are anti gold and silver are actually more brainwashed than the zombies out there marching and chanting for abortion. Literally nobody for thousands of years before the last 2 generations has ever been anti gold and silver like today's generation.

I hate Jews but for fuck sakes you have to hand it to them with how thoroughly fucking brainwashed they made you guys toward fucking GOLD.

>>15650950
What happens to the vast majority of people who don't own PMs? Will chaos insue? This current system we operate within has too much momentum to be corrected in such a dramatic way. This paradigm will continue on for the foreseeable future

>>15650950
What happens to the vast majority of people who don't own PMs? Will chaos insue? This current system we operate within has too much momentum to be corrected in such a dramatic way. This paradigm will continue on for the foreseeable future

>>15651656
This guy gets it.

>>15651656
no, you're just layering different monies and introducing an oracle problem to maintain the peg into the economics.

buy link btw.

>>15651673
because it is not possible to make the value of piece of paper equal to gold. The same way 1 tether is not 1 dollar. There us risk in the peg

having prices denominated in dollars allows you to change the value of the dollar without changing the nominal price giving the illusion of no change.
that is not possible to do with gold

prices need to be denominated in gold and the currency can be what ever the seller wishes to receive.

>>15650818
>Also, how do we avoid this?

You have to buy stocks, not just a money market fund.

This is like... babby's first investment question.

>>15651689
Your 100k in the bank right now buys you 20k worth of shit post reset. Everyone gets poorer as fuck but life goes on. Your 5 ounces of gold now buys you an apartment complex free and clear and you live like a king. You can even give free rent in a few units each month in exchange for a Blowjob from some housewife because why not? You own the the apartment complex free and clear

>>15651707
there is no peg.
a peg is always a lie just because you can't see the value of all prices changing daily because they are denominated in dollars does not mean they are

>>15651626
>i wont lay down
you might but the vast majority will specially those with something to lose. ITs gonna happen unless im wrong about boomers but boomer shitheads will not let tehre comfy life end.

>>15650965
>everyone else who is doing the exact same shit
And thats where youre wrong kiddo

>>15651721
right, that's the oracle problem.

>>15651721
The price of gold can be manipulated and you added an incentive to do that. If you want prices to reflect purchasing power price things in a derivative product based on the same index that's used to calculate inflation.

>>15651758
the price of gold can be manipulated less than anything in reality that is why it develops as money in all civilizations across time independent of contact because it gives an evolutionary advantage in pricing things correctly allowing more efficient use of resource

>>15651746
no it's not. There's no problem in finding exchange rates. There won't be more than one currency in a very short period of time, the properties of good currency are objective.

>>15651758
The dollar price of gold does not matter. It was gold that gave value to the dollar so why would you be valuing gold in terms of worthless fiat?

all the dollar value of gold represents is how unstable, volatile, and lack of store of value the dollar is.

You guys don't even understand the primary function of money which is to measure value of goods exchanged for it. Gold does this perfectly... the dollar does this horribly

>>15651794
which currency?

>>15651804
the price of gold changes relative to itself across time

when the economy expands gold becomes more expensive as it divides the total size of the economy until the it is profitable to increase the supply (manifested in gold rushs, asteroid mining new synthesis of gold etc)
when an economy shrinks gold losses value and so people spend gold in the economy increasing growth

keynesian economic theory gives you a substitute good for gold (fiat) allowing those who own the money to do nothing endlessly pumping the purchasing power of gold at the expense of human suffering
This is only possible because people let happen, because they are not yet motivated to understand the definition of a good unit of measurement and how CPI is the antithesis to a good unit of measurement (by design)

>>15651818
I would bet on bsv as the most superior currency, but it could be anything. It's irrelevant what currency you use as long as things are priced in pure gold

>>15651804
welp, i guess the 99% of people who don't autistically horde gold are just going to riot in the streets then huh?

yeah, nah buddy. currency is all just ones and zero's now, they'll push the reset button and everybody is back to work. you literally don't understand how the economy works. PEOPLE STILL HAVE THINGS. PEOPLE CAN STILL WORK. as long as those two things are present, you are going to have a marketplace and nobody is going to use gold or silver because nobody fucking has any gold or silver outside a jewelry box. your entire premise of cataclysm is completely unfounded.

>>15651794
The reason you like gold is because the price represents purchasing power better than inflated dollars. But so does the price of beans, in fact the price of beans is much more important to you since access to cheap beans means you survive. You're not using the long lasting property of gold that separates it from beans so why not just use beans? Because beans might drop in price 10x if for example a new manufacturing process is discovered. Same goes for gold mining. If you want prices to represent real purchasing power you have to price everything relative to an index of purchasing power. That's just a fact.

>>15651855
>>15651656

>>15651835
Gold is simply savings dude. You can go to the Bible and read a passage from 2,500 years ago saying how 1 ounce of gold will buy you 350 loaves of bread. Take that exact same ounce of gold to a coin shop today you'll get $1,400 and still be able to buy roughly 350 loaves of bread with it.

100 years ago a good weekly salary was 20$ and 20$ = 1oz of gold. So if you worked for 2 weeks in 1920 1 week you got paid 20$ and the next week you got paid on an ounce of gold. And you held both the 20$ and the ounce of gold in your pocket for 100 years... today that 20$ doesn't even buy you 5 happy meals. But that gold ounce, exchanged for fiat will give you 1,500$ and 1,500$ is still a good weekly salary.

So your value was STORED in the gold because you kept it in real savings.

And people to that will say but if you put that 20$ in the stock market you'd have like 300,000$ dollars today. Yeah you would.... but the stock market still isn't savings. Someone might not want to invest in the stock market and nobody is saying you can't invest in the market. But the point is the dollar Jew fiat Keynesian dollar lost all its value whereas gold kept your savings in tact

>>15651865
purchasing power is value.
value is a dimension of reality.
a unit of value is something that's value does not change with respect to the independent variable (time in this case)

Everything changes relative to gold because its inflation is a function of economic growth. It can not be created or destroyed it does change with time.

>>15651889
gold is the unit of value

>>15651899
>it does change with time
meant to say it's properties do not change with time

>>15651871
thats not going to happen. ever. even if the dollar "collapses".

>>15651865
And in Venezuela 1 ounce of silver buys you 3-4 months of food on the black market. Nobody is saying don't prep but you'd be a fucking retard to put 100% of your net worth into ammo and canned food. It's like you fucking morons think that there's a law stating if you buy gold you can't also buy MRE's.

>>15651624
>consumer price index
They substituted chicken for steak and call it good. let them eat cake!

>>15651899
I think crypto is better at it though since it can leverage the value of tech.

>>15651915
it doesn't need to happen for any individual to benefit.
Nothing stops anyone from measuring price in gold to reveal the true changes in price over time
Doing this will make you wealthy, wealthy people have more power to change

>>15651922
haha. they are going to substitute plants for meat pic related

>>15651921
i guess its a good thing the US has tons of food and some of the best arable land in the world, completely unlike venezuala.

>>15651932
Crypto doesn't and never will solve the worlds debt crisis. Only gold can.

>>15651934
umm hmmm, i love that good RoundUp® taste

>>15651899
>It can not be created or destroyed
The rate of growth isn't known. We could discover a pocket of gold with the mass of all previously mined gold tomorrow. Everything would double in price. A mathematically verified product can act predictably which is what all markets want.
>>15651921
My post isn't about which is better to hoard in your bunker. I prefer gold, a kg of gold is gonna go further than a kg of beans.

>>15651934
>it doesn't need to happen for any individual to benefit.
which means speculation and just a roundabout way of investing.

>>15651941
not entirely true

>>15651951
the gold supply is distributed evenly throughout the earths crust. The final level of gold supply (the rate at which neutron stars collide in the universe) is the limit of increase in gold supply.

I don't deny changes in gold supply, I deny there is anything that changes less. It is the value datum.

>>15651985
> I deny there is anything that changes less
I deny there is anything's value that changes less (excluding when central banks are operating)

there isn't going to be some happening where you gold bugs get to buy the town or someshit. everyone is going to tell you to fuck off.

>>15650950

You were brainwashed by the jews so hard holy shit HAHAHAHA, you are fucking deluded if you think gold and silve will help you in a collapse situation, just look at any eastern shithole or the bosnians and see how they handled collapse, you may as well just stock up ammo alcohol and medications for diabetes, blood pressure etc

silver and gold will be interesting for trading, nothing else, as a store of value in a very fucked up situation they won't work at all, and in a "just a little fucked up" situation you will be working in a blackmarket with the prices set tenfold anyway

>>15651551
I hope to God a red blooded American didn't write this post, that'd he embarrassing

stocks. silver eagles. golden eagles.

>>15651985
>the gold supply is distributed evenly
No, water accumulates minerals and deposits them in veins. Mining efficiency increases with technological advancement. You can even create new gold with enough energy. Crypto is the only thing with a verifiable fixed supply.

>>15651091
>>15651127
>>15651718

No way you will be able to buy an apartment or something legal with gold anyway, they will confiscate it out of your ass if you make a big purchase with it, just like how it happens now with fake money, it actually happened in the big depression too, the first move of the gov was to make gold forbidden and to confiscate all of it, and if you didn't give it up you would pay with like 30 years of jailtime or thousands (millions in that time) as fine

What most zerohedge faggots should realize is that they use the gold to escape the country to somewhere safe where they can trade the gold, that's how it's used by billionaires and the jews, you will barely pay the ticket out of the country with your fucking ounces of silver, it's already priced in

>>15652045
im sorry guy but Im not deluded enough to beleive that people with family want to step out to protect guns. They are not willing to die for it just like they arent willing to stand up for whites who are fired and thrown into jail for defending other white people. Its not gonna happen like in your fantasy world. If you actually knew what was going on. You'd know why I think like this.

>>15652086
>people with family are more likely to give up their ability to protect their families
What the fuck am I reading
You are one retarded seething libtard, can't even write a proper strawman.
You know most of the military holds conservative views, right? It's laughable that you think they'd decide to just start shooting at civilians for having guns.

>>15652104

>You know most of the military holds conservative views, right? It's laughable that you think they'd decide to just start shooting at civilians for having guns.

The military doesn't work like that, they don't have a "view", they just have orders from the jews and they are an hivemind, if some day an entire state rebels the military just will step in and shoot whoever goes at the street at certain hour, there will be insurgency and such, but it won't be nowhere as effective as you think it will be, most americans have literally no knowledge on how to actually wage war or do guerrilla, they just know how to shoot guns under really comfortable situations, they don't even know how to shoot under pressure, they would do even worse than fucking afghan farmers, basically the 2nd amendment is just entertainment at this point

>>15652104
>What the fuck am I reading
This is how I fucking know you are a basic bitch cuckservative/republicunt. If the choice is between the weapon and the family they will give up the weapon without a doubt. Some will do what you are saying though and thats great. However to believe that the vast majority of weak willed boomer pieces of shit would ever lift a fucking finger to do jack shit is a joke. You don't see how republicans are throwing white people under the bus for DEFENDING THEM. You are blue pilled retard.
I also agree somewhat with >>15652128
but I think there will be a good guerrilla warfare from farmers and so on. I don't think thats going to be an issue. The problem is how big will it be? 500? That 500 will be demonized by the rest of the US because they do not want to see there children/family harmed by stray bullets. You again show lack of reality. When you grow up and speak with boomers/gen x or even some millennial with family whom are conservatives they will always say "fight it through the law. let them take our guns now will fight it in court!".

>>15652082
Kek none of the gold shills replying