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/biz/ - Business & Finance


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File: 259 KB, 1442x1000, gold.jpg [View same] [iqdb] [saucenao] [google]
18600074 No.18600074 [Reply] [Original]

do you retards want to lose all your money?

>> No.18600123
File: 7 KB, 522x356, Screenshot_2020-04-21 gold price 1929 - Google Search(1).png [View same] [iqdb] [saucenao] [google]
18600123

it's unironically better to keep cash dear bag holder

>> No.18600158

>>18600123
Remind me again how much money the fed pumped into financial markets in 1929?

>> No.18600185

>>18600074
gold will collapse too
and if you're not holding dollars you can't buy the bargains at the bottom
if you're not all in dollars ngmi

>> No.18600209

>>18600074
People don’t seem to have figured out that the same thing that happened to oil can happen to gold. Except that accepting delivery won’t be the issue, delivering will be the issue. We could go to 50k gold in a day.

>> No.18600235

>>18600074
Liquidity is King.
If you don't have the power to move at a moments notice you're going to miss out.

>> No.18600255

>>18600074
All you Peter Schiff and Mike Maloney disciples seem to not realize that there’s still not enough dollars to meet the global demand. Buy a bit of gold, it’s not bad. But your zombie gold apocalypse isn’t coming.

>> No.18600302

>>18600158
>The Federal Reserve created an unsustainable boom in the 1920s by lowering interest rates. Rothbard estimated that the money supply had increased by 61.8 percent between 1921 and 1929
Literally the same shit they did last time

>> No.18600316

>>18600185
everything will collapse before the final moon mission courtesy the FED

>> No.18600342
File: 26 KB, 325x243, laughingpepe.jpg [View same] [iqdb] [saucenao] [google]
18600342

>>18600123
and where are you going to keep that cash retard? max you can withdraw from the bank is 10k. you going to trust the bank with it dumbass?

>>18600158
this. brainlets dont understand were going to go straight to hyperinflation. deflation simply wont be allowed

>>18600185
no it won't dumbass

>>18600209
this.

>>18600235
i can respect this position if youre a skilled trader. hodling gold is just such an easy and sure giga-win...why risk it?

>>18600255
>t. retard

look at gold prices in venezuela dumbass

>> No.18600375

>>18600255
bet oil bulls said the same shit

>> No.18600382
File: 2.47 MB, 1512x2016, 20200418_164103.jpg [View same] [iqdb] [saucenao] [google]
18600382

>Buying gold

>> No.18600397

>>18600255
Monetary policy is non linear. Its like knocking on a bottle of ketchup. Hit it. Nothing. Hit it. Nothing. Hit it. The entire bottle comes out.

Schiff is more insistent on inflation, but Maloney acknowledges deflation will come first, and the fed and congress will go balls to the wall to stimulate the economy.

>> No.18600418
File: 6 KB, 220x255, big nose 176.jpg [View same] [iqdb] [saucenao] [google]
18600418

>>18600123
>>18600185
>>18600209
>>18600235
>>18600255
professional gold fudders rise up

>> No.18600423

>>18600302
No, that's not what I asked.

>> No.18600440

>>18600342
and where are you going to keep the gold?

>> No.18600463

>>18600074
Waiting for the Dow to tank and bring PM with it for the short term. Then I will scoop up retarded amounts of silver.

>> No.18600471

>>18600418
shiny metals are literally a jewish obsession

>> No.18600484

>>18600397
>Maloney acknowledges deflation will come first, and the fed and congress will go balls to the wall to stimulate the economy.

This is already happening. I would not wait too long for deflation in safe haven assets like gold. Housing will take years to bottom.

>> No.18600486

>>18600440
in a swiss vault

>> No.18600522

>>18600440
how big do you think 100k usd is in gold retard

>> No.18600568

>>18600486
you might as well just have a swiss bank account fren

>> No.18600578

>>18600382
Batboi blessed.

>> No.18600598

>>18600522
nice move retard, let some nig nog murder your family to take your shiny rocks

>> No.18600602

>>18600418
I was as bullish as is possible.

>> No.18600608

>>18600471
theyre honest money, along with crypto, and have been used by honest white men for thousands of years

the jew obsession is fiat currency

>> No.18600682 [DELETED] 

>>18600598
and you told the niggers about it wow
how the fuck did they even get past the guards to your gated community

>> No.18600712

>>18600598
>>18600682
the problem is solved by not living in burgerstan, and choosing a civilized country instead

>> No.18600752

>>18600712
implying the gated community isnt amish

>> No.18600755

>>18600123
Except we're Germany.

>> No.18600778

>>18600752
hello from rumspringa

>> No.18600845

>>18600342
>brainlets dont understand were going to go straight to hyperinflation. deflation simply wont be allowed
Nope.
See, the system is designed to have emergency brakes, or "emergency cooling system".
Here is what's gonna happen.
We ll start to see hyperinflation.
Every central bank will print.
Gold will go up.
And then those private gold mega holders in the shadows will dumb a nightmerish quantity of gold taking it down.
Gold will be more than before, but contained.
Unless they decided to take down the system (debatable), it will keep going.
Poor people will become poorer.
Rich people will become richer.
Rinse and repeat till white genocide is complete and we have the new equivalent of kings.

>> No.18600920
File: 224 KB, 1225x521, MAGA2020.jpg [View same] [iqdb] [saucenao] [google]
18600920

>>18600712
What did you say about my empire?

>> No.18600939

>>18600471
wrong. They've been the real form of currency since the dawn of mankind, and will be until the end of times. Jews just obsessed over hoarding them so that they could keep them and give the goyim pieces of paper, which they gladly adopted

>> No.18600947
File: 153 KB, 980x552, 1544592902045.jpg [View same] [iqdb] [saucenao] [google]
18600947

>not buying cigarettes, alcohol and guns
It's like you're not even preparing for the total collapse of society

>> No.18601013

>>18600209
How about silver? The silver ETFs do the same shit right?

>> No.18601090

>>18600463
It'll be all gone by then unless you want paper.

>> No.18601184

>>18601013
they trade 20 times more than whats above ground and available

>> No.18601457
File: 367 KB, 720x1560, Screenshot_20200421-092012_Chrome.jpg [View same] [iqdb] [saucenao] [google]
18601457

>>18600074
Bank of America predicts 3k an oz. gold.

Oh shit, Goldbugs, it might be habbening.

https://finance.yahoo.com/news/gold-reach-3-000-50-110324862.html

>> No.18601546

>>18601457
It will not.
Read here: >>18600845.
It's over.

>> No.18601566

>>18600302
The currency was gold and silver backed you mongrel

>> No.18601593
File: 96 KB, 638x479, so-a-baby-walks-into-a-tech-conference-confronting-maternal-bias-in-the-software-industry-10-638.jpg [View same] [iqdb] [saucenao] [google]
18601593

>>18600074
iam all in STABLE coins

>> No.18601617

>>18600382
Got my batboi yesterday, those fuckers are a lot bigger in person than I anticipated

>> No.18601618

>>18600845
So flight to crypto then?

we 2k eoy nao.

>> No.18601647

>>18600486
Not your vault not your gold homes.
>He doesn't have a designated hidey hole in his house for his gold jars
ngmi

>> No.18601853

>>18601184
I see. I heard that for both gold and silver tho they can just settle in cash.

>> No.18601936

>>18601618
It won't matter.
See, after white genocide will be completed (white people proven the biggest problem in this regard, that's why we ll go first) every other etnic group will be eradicated.
And gently, slowly, almost sweetly, every record of etnic division will disappear from memory.
In the future there will not be a place for the "race" abstraction.
Crypto will not change this.
It's over.
I'm sorry.

>> No.18602021

I don't own a house but if I had a small amount of PM if/when it moons, would it be best to trade it for real estate, before the central banks get around to rigging the price or straight up banning it? I'd rather have a house than coins if we go full UBI dystopia.

>> No.18602166
File: 3 KB, 112x112, fags.jpg [View same] [iqdb] [saucenao] [google]
18602166

>>18600074
Crypto will return a higher ROI than Gold and Oil. If you buy oil now, you MIGHT get a 100x if it goes back to 2008 prices, but this is highly unlikely. With gold, you might get a 5x from here in an apocalypse scenario, but what goldfags keep ignoring is the fact that the dollar is stronger than every other fucking currency by comparison. Any country that has a lot of their debts denominated in US dollars is held by the balls. Gold is gonna tank to 1100 when the hysteria wears off. As for crypto, the halving is in 3 weeks and it's only gonna moonshot from there. We will see way more 100x and 1000x shitcoins this time around. But keep playing with your shiny rocks and dinosaur turds. Screencap this.

>> No.18602332

>>18602166
I'm not American and my country is going full retard with printing, so I think it makes sense to hold PM for me. If I trade it for any amount of USD I'll be ahead of the other fuckers that live here.

>> No.18602530
File: 1.12 MB, 1596x1496, rorycapernhs.jpg [View same] [iqdb] [saucenao] [google]
18602530

>>18602166
>halving in 3 weeks
>known information
>efficient market
>hasn't mooned yet

Enjoy your supposed crypto "gains" when electric grids go down

>> No.18602556
File: 2.44 MB, 1237x943, box.png [View same] [iqdb] [saucenao] [google]
18602556

you guys like?

>> No.18602598
File: 80 KB, 798x659, CA591F04-AFEE-464A-96CD-2551B1182A24.jpg [View same] [iqdb] [saucenao] [google]
18602598

>>18600209
I'll gladly accept gold for -$3000.00/oz. Where should I show up for delivery? London? New York? Easy

>> No.18602618

>>18602556
thanks for the info, its mine now

- your dads wifes boyfriend

>> No.18602697

>>18600602
What you wrote was confusing

>> No.18602698

>>18602618
No problem, thanks Chad ;)

>> No.18602717
File: 636 KB, 720x1560, Screenshot_20200421-102010_Brave.jpg [View same] [iqdb] [saucenao] [google]
18602717

>>18602166
>Screencap this.
Dont mind if I do...

Hope youre right, im heavy in crypto right now.

>> No.18602748

>>18601936
Stop mentally jerking off to doomporn. Corona'll seem like a bad dream in 4 months and the markets will be humming along.

>> No.18602772

>>18602556
>10oz
>copper
>quartz
>tacky poorfag watches
ok this was a dumb picture, wheres your stack?

>> No.18602804

>>18600375
>something which is stored for thousands of years is the same as something which is consumed and turns into water vapor

retard

>> No.18602841

>>18602556
Very aesthetic anon but you should stack moar.

>> No.18602847

>>18600074
I'm all in btc, which is like gold but actually useful.

>> No.18602868

>>18602748
Cope. Maybe if your last name ends with stein.

>> No.18602976
File: 145 KB, 767x637, IMG_4012.jpg [View same] [iqdb] [saucenao] [google]
18602976

This triggers the capitalist pigs

>> No.18603020

>>18602976
so much for your classless, moneyless society

>> No.18603176

>>18602556
>Michael Kors watch
>pocket watch
>Faggot necklaces
>Faggot rings
>Strange taste in bullion
No doubt you take it in the ass.

>> No.18603205

>>18600074

How can I use gold to buy my groceries? Oh that’s right...with dollars.

>> No.18603305

>>18603205
Same with job. You can't buy food with work, you need dollars.

>> No.18603465

>>18600845
yeah...except they cant defy the laws of physics dumbass

when bread is $20 a loaf you think the system can continue?

>> No.18603505

>>18600074
Is it worth buying 18 karat gold?

>> No.18603507

>>18600845
>And then those private gold mega holders in the shadows will dumb a nightmerish quantity of gold taking it down.
so then the poor people will get free gold? sounds like a good deal desu

>> No.18603550
File: 405 KB, 501x492, 1587490879581[1].png [View same] [iqdb] [saucenao] [google]
18603550

>he's not all in on silver Kennedy half dollars
Oof...

>> No.18603569

>>18600123
How convenient to leave out 1933 when gold jumped to $35/oz when FDR devalued the dollar. In case you can't do the math, that's a 70% jump in the price of gold or a 40% drop in the purchasing power of the dollar.

>> No.18603728

>>18600074
>going all in on money

does not compute

>> No.18603768

For me? It's always been platinum.

>> No.18603838
File: 52 KB, 352x480, muh stack.jpg [View same] [iqdb] [saucenao] [google]
18603838

>>18602556
best part about mine is, I was given none of this, and earned everything with my work

>> No.18603878

>>18600382
don't lick em!

>> No.18603914

>>18600608
crypto isnt honest money you fucking retard. Its fucking not even real.

>> No.18603983

>>18602166
Dollar value of gold and silver means nothing.

If you told me gold would 5x from here while remaining in the current fiat paradigm, even i wouldnt buy gold or silver.

if i have 5 ounces f gold and it goes to 10k thats 50k....where i MAKE IT is when all asset prices collapse. ANd that measly 50k now will be like having 50k in 1913.... and that means lots and lot and lots of blowjobs.

>> No.18604019

>>18602717
>>18603983

>> No.18604054

>>18603505
if your a woman

>> No.18604123

>>18600123

fucking retard. go look at a chart of purchasing power of the USD over the pasts century.

>> No.18604190

>>18600209
The last recession gold also tanked. It took quite a while for it to raise in prices.

Money is more valuable.

>> No.18604274

>>18604190
gold is money. dollar price of gold means nothign at all. Did gold all of a sudden become valuable when america was born and the dollar was created? Nope. So why would you be valuing gold in terms of dollars.

>> No.18604406

>>18600123
and this pic is exactly why gold is always better than the dollar for long term wealth safety, never fails, never will, but low IQ will never understand how debt fiat works. By holding fiat you are accepting less money each year the passes by and therefore are becoming more in debt, you lose money.
>>18600440
>Build house that's paid off or cabin somewhere somewhere with concrete foundation
>Buy a steel floorsafe, weld rebar bars to the bottom of safe
>jackhammer the concrete out in your foundation to fit the length of the floor safe
>leave 1 foot from the top of the safe to the actual base of the foundation
>fill in the hole with the safe in place full of mixed concrete, wait for it to dry
>Put a thin piece of steel plating across the base of your concrete foundation to cover the opening
>put carpet back over foundation
>slide leather on top of it or tv stand

>> No.18604726

>>18603838
What are those rubber band bills?

>> No.18604735

>>18604274
Yeah it's not the dollar value but what you can buy with the gold/silver itself or it's equivalent in dollars. If you can sell an ounce of gold for $5 million but $5 million can only buy you a nice dinner then dollars aren't a good way to measure the value of that ounce. A better way to measure it is how much real estate can I buy with it, how much food, how many shares. Take the dollar out of the equation. Though you may need to exchange your gold for dollars to buy something.

>> No.18604967
File: 31 KB, 500x375, disaster-girl.jpg [View same] [iqdb] [saucenao] [google]
18604967

>>18600074
I only have 4 thousand dollars to my name and 30 k in student loan debt so I don't even have much to lose if it all turns into monopoly money. I might actually benefit from a total financial collapse given that my 30k of debt is in USD.

>> No.18605038

>>18603983
Will I make it with 40oz of silver and 1/4oz of gold?

>> No.18605039
File: 3.39 MB, 4032x3024, 20200418_191139.jpg [View same] [iqdb] [saucenao] [google]
18605039

£10k savings, silver/£500 cash in pic and £1000 in crypto.

£500 a month for investments available. How do I become a millionaire by 2025?

>> No.18605127

>>18605039
By working hard

>> No.18605148

gold will win over the dollar eventually but before that happens expect a massive dump during another liquidity crunch

what USD is to all of finance is what BTC is to crypto

and right now the risk is too high for everyone to be in alts

>> No.18605154

>>18603983
so you'd have about the equivalent purchasing power of 1.3M today?

>> No.18605196

>>18604726
euros

>> No.18605274

>>18600845
>Gold will go up.
Look idiot, you're thinking 1 dimensionally again because you can't conceptualize additional axises on the graph. The price-in-dollars of Gold won't actually matter as it's going up... what will matter is that your dollar can't buy what it could buy yesterday, whereas gold will serve as a wealth preservation vehicle and likely even show a substantial profit in real terms just because of how rediculously undervalued it has because do to futures market beat downs.

>> No.18605330

>>18602021
>I'd rather have a house than coins if we go full UBI dystopia.
Depends on where you live. I'd rather pay rent and stack coins than live in some shitty "high end" suburb.

>> No.18605341

I can't hold physicals due to my living condition. But I'm buying a healthy bit of GLD.

>> No.18605352

>>18605127
No, I work fucking hard already and only manage to bring in 50k gbp

What do I buy with £500 per month to make it???

>> No.18605358

>>18602166
>Crypto will return a higher ROI than Gold and Oil
laffin at hodlers

>> No.18605379

>>18602556
why you keeping those solid blobs of dried up used chewing gum tho

>> No.18605397

>>18605274
there are stages to things

the entire world is overleveraged at the moment and are close to getting margin called as consumption and demand drops like a rock from corona

oil crashing is the canary

everything will be sold to reduce leverage, even gold crashed 30% in 2008

gold and btc will eventually dominate but not yet

>> No.18605422
File: 540 KB, 907x1306, WinEmAll.jpg [View same] [iqdb] [saucenao] [google]
18605422

Hey.. guys?

>> No.18605456

>>18600074
Is there anything more pathetic than gold fags?

>> No.18605479

>>18600947
That guy is an amazing coathanger

>> No.18605483

>>18605456
Yeah, you.

>> No.18605489

>>18605397
>gold and btc will eventually dominate but not yet
>not yet
Look at the stock market and compare current returns on gold stocks with literally anything else FY2020. We're already off to the races and you're blindfolded at the starting line. Not to late to buy... yet.

>> No.18605506
File: 2.10 MB, 3264x1836, 20170504_164700.jpg [View same] [iqdb] [saucenao] [google]
18605506

I still have this. Is it worth much?

>> No.18605519

>>18605039
start by losing the butterfly knife fag

>> No.18605535

>>18605489
gold currently has a massive RSI bearish divergence on weekly timeframe, give it time

>> No.18605541

>>18605506
Hang onto it, it will be worth something some day

>> No.18605587

>>18600342
>brainlets dont understand were going to go straight to hyperinflation.
You have no idea what you are talking about nor what it takes to get into a hyperinflation phase. Fucking YouTube university alumni

>> No.18605660

>>18600342
We are seeing deflation right now.

>> No.18605756

>>18605397
>even gold crashed 30% in 2008
Goodluck getting physical gold for spot lmao. Have you seen what the premiums are right now?

>> No.18605792

>>18600255
I agree with you, I'm a gold investor, I have ETFS and mining stock, but the apocalypse isnt coming. What are you going to do with 50 pieces of silver and gold apocalypse if you have nothing that divides the value into smaller pieces (Cash). You might aswell just buy guns

>> No.18605869

>>18605148
Will the dump only be paper gold or will I find cheap physical when that hjappens?

>> No.18606233

I'm in a mix of emergency cash, high quality companies that will probably survive, property, crypto, gold and silver.

Why would I put all my eggs in one basket?

>> No.18606414
File: 35 KB, 711x633, 1581299171738.jpg [View same] [iqdb] [saucenao] [google]
18606414

>>18600074

Bring back gold behind our money.
Fuck it, just straight up use MMO coin rules.

Copper
Silver
Gold

>> No.18606752

>>18600947
Won't cigs go bad quickly? I would like to store cigars but they don't last

>> No.18606824

>>18605869
You can't find physical delivery that isn't scheduled put six months right now. You're already too late.

>> No.18606853

>>18606233
what op said
>gold is a good thing to buy
what your reading comprehension limited you to
>buy only gold

>> No.18607144

>>18606824
I have some physical, just wondering if i bought too early actually.

>> No.18607218

>>18600123
>claims that cash is better to have than gold
>his proof is from a time when the gold standard existed

>> No.18607483
File: 2.04 MB, 1512x2016, 20200421_170532.jpg [View same] [iqdb] [saucenao] [google]
18607483

rate my stack

>> No.18607714

>>18600845
>And then those private gold mega holders in the shadows will dumb a nightmerish quantity of gold taking it down.


They will dump paper, but never physical

>gold goes up
>dump physical gold
>????
>profit!

>> No.18607750

Ok so I have been researching a bit about gold and silver ETFs. The best ones I found seem to "buy" their assets through Over-The-Counter (OTC) trades on the LBMA. In one contract it clearly says they will only accept high value securities as counter party risk. Concrete they are talking about AA- or something like that.

However it never really says, how those OTC really look like. Do you guys think it would be possible, that they cheat that way. Like they only buy large quantities of basically OTCs but never really exchange them for physical gold, or at least heavily delay physical delivery that way. Can OTCs be used like that? Basically just like paper gold?

>> No.18607861

>>18600074
why show pic of tungsten?

>> No.18607911

>>18607483
are you ok honey?

>> No.18607928

>>18605792
when the dollar collapses, it will be replaced by some new currency that the bankers come up with. it will likely be backed by gold.

>> No.18608070

>>18600522
$100k of gold is like one of those ice cream sandwiches they used to give at school.

>> No.18608133

>>18605756
You can get online 4% over spot if you know where to look. Not giving it away so it doesn't run out when I decide to buy in.

>> No.18608154

>>18605792
You can cut gold and weigh it on a scale tho...

>> No.18608310

Just buy gold stocks.

Demand through the roof, oil prices through the floor. Stop overthinking it.

Enjoy epic gains and get out without owning a pet rock like a fucking dweeb.

This is what chad money is accumulating.

>> No.18608412

>>18608133
>4% over spot
bullshit

>> No.18608683

>>18607928
The dollar wont collapse, there will be a lot of inflation.

>> No.18608756

>>18608412
JM has 1915 Austrian Corona for $1723. The coin is 0.98 oz, so that is $1758/oz, or about 3% premium over spot.

>> No.18609150
File: 111 KB, 1000x1179, Screenshot_20200415-195831.jpg [View same] [iqdb] [saucenao] [google]
18609150

>>18608310
Interesting take. I'm going to look into it. Already got enough physical PM's anyway

>> No.18609609

>>18600255
No shit.

That means the dollar has to be devalued for the global economy to function. It needed to be devalued even before Coronachan. Once the dollar gets a crisis pump, everyone converts to dollars because they know timing the deflationary cycle will be profitable in the short term. This becomes self-fulfilling and makes everything worse, forcing the Fed to dump more money. The higher the dollar pumps, the further it has to fall.

Gold is holding value or going up through all of this. Imagine what's coming.

>> No.18609716
File: 297 KB, 240x192, CharmingFlakyBighorn-max-1mb.gif [View same] [iqdb] [saucenao] [google]
18609716

>>18602556
disgusting

>> No.18609739

>>18600074
My country has insurance of up to $250,000 held in any bank account.

Deal with it shiny rock holder.

>> No.18609764

>>18603838
does silver even have useful purpouses apart from rapper chains?

>> No.18609783
File: 503 KB, 1440x2560, muscle-man-protec-bat-who-protec-stac.jpg [View same] [iqdb] [saucenao] [google]
18609783

>>18600382

>> No.18609794

>>18605039
you need a GUN

>> No.18609797
File: 65 KB, 1702x766, central-bank-gold-demand-2018.png [View same] [iqdb] [saucenao] [google]
18609797

>>18609739
central banker here, we are indeed dealing with it.

>> No.18609813
File: 924 KB, 1512x2016, Resized_20200410_084007_944.jpg [View same] [iqdb] [saucenao] [google]
18609813

>>18600074
too late fren. im all in on anime figures

>> No.18609812
File: 2.90 MB, 1920x1080, terry-temple-0.webm [View same] [iqdb] [saucenao] [google]
18609812

>>18609764

>> No.18609825

>>18605506
throw it in the trash

>> No.18609867
File: 25 KB, 377x400, wLgW788.jpg [View same] [iqdb] [saucenao] [google]
18609867

>>18607483
i bet those boxes are full of gold you chad.

please can you donate me some money

3MpgL6oHj66itH9ud4nwCVGWYBbq4bY3Da

>> No.18609893

>>18609739
Your deposit is safe (FDIC has like 5 years to pay you back lel) but your purchasing power isn't.

>> No.18609908

>>18605506
How much do you want for that?

>> No.18609912

>>18609813
why do fags always have the most money?

>> No.18609966

>>18607750
You should buy ETFs that lend out their gold as that exposes you to counterparty risk. You should be buying ETFs backed by allocated gold that is never lent out. I believe PHYS and CEF fit that bill. There are probably other precious metals ETFs that behave similarly to PHYS and CEF.

>> No.18610466

>>18600845
Why would they dump an asset rising in value idiot?

>> No.18610511

silverfag here

>> No.18610626
File: 64 KB, 338x188, paper.png [View same] [iqdb] [saucenao] [google]
18610626

>>18610466
To keep the only competition to their fiat system in check. The infinite fiat system is far more lucrative to them than the potential gains from selling off a finite stash of commodities. They don't have to sell off actual physical to dip the price, they use paper metal like fractional reserve to kill any upward movement. If the day ever comes that the currency is beyond saving, they'll initiate a switch to metal backing and be positioned to win (again).

>> No.18610647

When there's no more physical gold available to buy the next best thing is crypto.

>> No.18610838

>>18609912
because they at least they aren't all retards?

>> No.18610855

>>18609764
Silver has a lot of industrial uses. Then again, in a SHTF scenario, industry won't really be a factor.

>> No.18611050

>>18609764
It's the most electrically conductive metal on the planet.

>> No.18611122

>>18601617
You should buy a 10oz coin. As big as your hand.

>> No.18611151
File: 2.72 MB, 4000x3000, IMG_0520.jpg [View same] [iqdb] [saucenao] [google]
18611151

>>18600074
I would like to see a kilo gold bar right next to a kilo silver bar to see the size difference

>> No.18611171

does anyone like rhodium or palladium?

>> No.18611203

>>18600158
>>18600342

You people dumb.

Cares act is 10% of GDP.
New deal was 40% of GDP.
Fed loans may be infinite in theory but not inn reality.

>> No.18611238

>>18605039
>How do I become a millionaire by 2025?
start by putting your money into investments that generate a return instead of shiny rocks. Precious metals are a store of wealth, they don't go down -- or up -- in purchasing power.

>> No.18611273

>>18602976

Is that a chevronets? Show the obverse.

>> No.18611370

>>18600397
Schiff kinda agrees with maloney, he just thinks youre gonna lose your shit trying to time it.

>> No.18612547

>>18608683
the dollar will collapse. Every fiat currency collapses. the fed didn't figure out how to beat the inevitable collapse of debased currencies.

>> No.18612639

>>18604967
>I might actually benefit from a total financial collapse given that my 30k of debt is in USD.
I'm sure they will find some way to re-value that $30k for you and everyone else with student loan debt (myself included, $40k) so that we don't get off the hook that easily.

>> No.18612699

>>18612639
They will probably offer to refinance the debt up but with a lower interest rate

>> No.18612763

>>18605038
no but you wont be rounded up and gassed

>> No.18612765

>>18607483
Absolutely depressing/10

>> No.18612891

>>18612699
Yeah, in Ameros or GloboHomo dollars, undoubtedly with a shitty exchange rate, and without us having any say in the matter. The house always wins.

>> No.18612910

>>18612547
Not every fiat currency collapses, floating currencies unattached to gold have been around for 40 years, all major currencies have not collapsed. Central banks have the tools to increase value in the dollar, if there is too much inflation, the Fed can hit the brakes like Volcker and stop inflation.

>> No.18613096
File: 104 KB, 500x500, 18437.jpg [View same] [iqdb] [saucenao] [google]
18613096

>>18603569
good post this is why I come here.

>> No.18613120

>>18600845
>those private gold mega holders in the shadows will dumb a nightmerish quantity of gold taking it down
Hahahaha and lose the only hedge against inflation? Why?
You must be retarded.
>white genocide
>>>/pol/

>> No.18613161

>>18609966
can you actually cash out of those in physical though? what's the minimum amount they allow?

>> No.18613167

>>18600342
>Max you can withdraw from the bank is 10k
Found the moron. Stopped reading after that. 10k is a reporting limit, not a withdrawal limit

>> No.18613231

>>18607483
10/10 coke spoon

>> No.18613511

>>18609812
What in the goddamn-

>> No.18613540

>>18600375
>oil colored id
oh shit!

>> No.18613562

>>18600471
>_ _ _ _ _ is literally a jewish obsession
usury

>> No.18613996

>>18600471
Only Jews I’ve met who like gold shit are Persians. Really tacky Persians.

>> No.18614114

>>18600074
https://m.youtube.com/watch?v=7nFbKzt-uwE

>> No.18614932

>>18600123
Imagine using stats from 90 years ago to try to outsmart someone...

>> No.18615309

>>18613161
The Sprott products allow you to take physical possession of the metal but the withdrawal size is quite large. For gold, it's one good delivery bar which is about 400 troy ounces. The minimum for silver is *ten* good delivery bars of silvers where a good delivery bar of silver is between 750 and 1,100 troy ounces.

You need a fairly large amount of money to be able to take physical possession of the metal using the Sprott products. If you want the option to take physical delivery at a smaller scale, I would recommend BullionVault. The smallest amount of gold you can withdraw with BullionVault is 100 grams (a bit over 3 troy ounces) while the smallest amount of silver you can withdraw is 1,000 troy ounces (one good delivery bar). At today's prices, you're looking at roughly $6,000 of gold or $15,000 of silver.

>> No.18615327

>>18609966
Correcting my own posting. It should read, "You should NOT buy ETFs that lend out their gold as that exposes you to counterparty risk."

The reasons to not buy ETFs that lend out gold should be obvious.

>> No.18615494

>>18609739
eurofag here
Check the amount of money the banks have set aside to insure your "2500 000$" per bank acount.
Yup, that's right. There is like 3% of total deposit that is insured. Aaaaand there is a time limit to claim your monney (it will we two weeks next year). Since 2016 they passed a lot of laws about bail-in. (((they))) already have it tested in Cyprus and Greece.
you, sir, are just a naïve sheep

>> No.18615826

i want to be
the very best
like no one every was
to stack em is my real test
to ping them is my cauuuse

>> No.18615923

>>18600342
>you going to trust the bank with it dumbass?
Yes it's government backed. If the government goes tits up your gold will be useless after a roaming pack of niggers shoots your house up.

>> No.18615960

Be a man, OP.

cryonics insurance insurance policy receipt as everyday carry and free live blog your life to show people that you're not abused and then impress them by how regular and expected and predicted and planned you are so they can bless you in Signal game along the public Street

>> No.18615982

>>18600074
Gold has and always will be a complete fucking meme.
>I'M GOING DOWN...
>I'M YELLING [NIGGER]...
>JANNIES ARE GAY
>OP'S A FAG

>> No.18615996

>>18613540
>>18615960
My ID is same color when you just recently post.
So begins an other signal game.