/biz/ - Business & Finance

sell for gold

>>16481671
So sell that shit or fuck yourself.

Worst store of vaule ever. I'm down 10k from buying silver this year alone. If I even tried to sell it at this point I'd be down even more because they won't pay spot value either when you go to sell.

>>16481698
How are you down that much?

>>16481671
>didnt buy silver in 87 as result of big market crash
>didn't buy silver in 99 as result of crash
>didn't buy silver in 01 as result of crash
>didn't buy silver in 09 as result of crash
you have no idea what heavy bags are. silver is the original shitcoin. its like the old grey haired version of ripple...for the last 40 years the shills have been promising $200 silver.

>>16481671
>silver chads
>holding forever with no returns
>chad
>no returns
PM fags are the OG shitcoin hodlers, like >>16482268
said.

>>16482290
gold has good returns btw
i get 2% for cash free lending my gold. additionally to the gains in value, additionally i have to pay no taxes after a year of hodl

You guys are fhcking stupid. Silver is an Industrial metal and will only go up in value if their is a hyperinflationary situation and people start to use it for barter. Gold is unironically king

>>16482692
Doesn't that make it more scarce since industry needs it? Supply goes down, price goes up. Unlike gold that is just hoarded and never used

>>16481671
imagine investing in shiny rocks lmao how fucking dumb are you. I bet you are one of those schizo boomers that thinks the world will collapse any moment now

Instead of being fucking doomer retard faggots you could be participating in a glorious stock market rally

But no, you have fantasies about debt bubbles and economic collapses, which people have been talking about for 30 years and hasn't happened

>>16482848
>fantasies about debt bubbles and economic collapses
>which people have been talking about for 30 years and hasn't happened
>87 big market crash
>99 crash
>01 crash
>09 crash

are you a fucking retard?

>>16482910
keep stacking your worthless shit rocks

>>16482910
>87 market crash
>silver dumps 50%
>99 crash
>silver dumps 25%
>2009 crash
>silver dumps 50%
lmao nice job dumbass

i understand this thread is about shitting on PMs but how are they any more worthless than crypto currency? honest question as i have never really delved into crypto shit. what intrinsic value does a bitcoin or a chainlink have? i know Silver and gold are just shiny rocks, but at least they can be used as pretty good conductors and in medicine and shit. To me, crypto currency seems like imaginary numbers that people assign meaningless value based on scarcity.

>>16482924
>worthless shit rocks

Anon are you this fucking dense? these "worthless shit rocks" is what needs to be used in technology forwards like computers/tablets/smartphones even the new Telsa vehicles thanks to Elon.

Silver is less common then gold and will continue to be when factory's start buying the shit out of them therefore the price can only go up from here on out.

>>16482987
Silvercucks are some of the dumbest people

>>16482268
About lines up with the federal reserve fuckery.
This is a century long scam to get as much precious metals as they can possibly conceive.

>>16482987
>computers wouldn't work without silver
imagine actually believing this. computers would work literally the same with copper instead of silver

>>16482924
>>16482965
>past 20 years
>silver outperforms every single stock index
Zoom out shills
You can’t shitpost without my rocks

>>16482924
>>16482965
also want to know why these guys are so mad at people who collect shiny rocks. also an honest question. does the fact that they're spending their money on what they want i.e. shiny rocks somehow hurt their own acquisition of crypto currency and or stocks? it seems as if these people want to people to get off of buying the shiny rocks that make them happy and put their money towards pumping up their own form of shiny rocks, aka crypto and stock.

>>16483013
>10 year bear market
>down 70% from ATH
imagine how mad you must be if you invested in this shit lmao
>>16483026
nobody is mad we are just mocking you for being a retard lmao

>>16483026
the point that im trying to get across here is are buttmad crypto and stock fags trying to shill by getting people to buy their crap instead of PMs? i mean, wouldn't it make more sense to let people do their own thing so that theres more crypto and stock for themselves to buy? t. financial brainlet

>>16482995
>>16483009
>nooooo you could replace it all with copper!
>you can replace phones with copper!
>you can replace tv’s with copper!
>you can replace the computers with copper!
>you can replace the medicine with copper!
>you can replace the solar panels with copper!
>you can replace the cars with copper!
>they can replace everything with copper i swear! They just havent dont that because they like paying 100x over the price of copper to lose more money!
You godforsaken shills will get a bullet to the back of the head, i fucking hate you retards

>>16483064
How heavy are your bags?

>>16483064
>>16483055

>>16483054
You goddamned kike shill nice argument retard im still up 500%, and it literally cannot go down!

>>16483055
if you have ever met any goldbugs you would know its a religion to these people

>>16483081
>>16483086
Not an argument kikes!

I agree that physical PMs are the most important thing to hold but I wish its proponents weren't such crackheads

>>16483108
>Not an argument kikes!
>he says while worshipping a literal kike trying to offload his PMs bags

>>16483093
>>16483108
>down 70%
>it literally cannot go down

>>16483102
kinda seems that way with crypto too. people losing their shit about their coins dumping etc. it seems like all just a shit flinging contest on both sides. let people enjoy their shiny rocks and imaginary numbers sheesh

You'd have to be insane to think that gold and silver have no future vs Fiat.
You can't change human psychology, gold and silver = valuable. We're just programmed this way.

>>16483134
>majority of threads on this board is shitcoins and stinky linky shilling and contently mocking PM's investors
>one silver thread
>proponents are crackheads

>>16483158
I didn't say that crypto people aren't also crackheads

>>16483153
yes retards and sheep are programmed this way

its no coincidence that the ones that like gold jewlery the most are niggers, pajeets and women

>>16483153
Nobody is going to accept rocks as payment nowadays. How you gonna pay bills or amazon with that shit? It's time to come back to the real world.

>>16483166
Literally no one is going out of their way shilling the fuck out of PM's unlike our crypto counterparts

why do you have to insult us like that?

>>16483181
Nobody is going to accept rocks as payment nowadays

That's extremely untrue anon, stores literally except still except cold and silver 1$ coins

>>16483181
I'm not planning to pay for anything with silver. I'm planning to stockpile a bit of gold and silver so I can sell them in 20 years and retire with extra funds.
Why you think it's stupid to plan your own retirement with something more than just bank account savings? The percentage on my savings account was shit anyway, the money is not doing me any good rotting there. Might as well put my eggs in 4 or 5 baskets before I'm too old to work on daily basis.

>>16483158
Going all in with all the manipulation in the PM market is about as stupid as going all in with shitcoins; however, not having any PM's in your portfolio is going to be fucking deadly once the music stops and the big boys grab all the chairs.

>>16483138
>>16483143
I own crypto and precious metals, what are you going to do about it?

>>16483279
I'm never buying stocks, seethe harder fucking kikes.

>>16483313
>>16483279
>writes post
>replies to himself
classic metal schizo. dont forget to stockpile some tuna cans too

>>16483279
Same, Anon. TBC, jewish paper money, silver, gold and platinum.
I hate the Jewish nation, but they have the right idea about many eggs in lots of baskets.

>>16483334
Good suggestion jew!

>>16481671
>>16481671
more time to accumulate for me

>>16482910
>>87 big market crash
>>99 crash
>>01 crash
>>09 crash
no one of this made silver go to not even 100$

>>16482470
I doubt that loan has zero default risk.

>>16481671
PMs aren't for getting rich. Expected returns suck ass because of the low betas. PMs are for hedging your other investments and/ or preserving wealth.

I really hope it drops even further by the time I buy again

>>16484005
That's not the point anon, they bought more every time a crashed hit

>>>16482910
>>87 market crash
>>silver dumps 50%
>>99 crash
>>silver dumps 25%
>>2009 crash
>>silver dumps 50%

>>16484307
still out preforms the dollar

>>16484314
dollar is not an investment

>>16484437
>dollar is not an investment
this.
It's not even recession-proof...what da fuc do you buy for?
Maybe a 10% in silver just to fall into the boomer meme of ''preserving value''

>>16481674
this.
don’t fall for the silver memes on this board.
gold only, gold forever. even the bitcorn folks will diversify into gold.

>>16484630
>people dumb enough to fall for crypto buy gold
Shit, better buy silver

>>16484630
What if I have gold, silver and bitcoins? Worst case scenario: silver preserves my wealth, gold makes me rich, bitcoins make me either laugh or very rich.

>>16484630
Just bought .75oz of gold, feels good.