/biz/ - Business & Finance

>>23778055
Is it too late to be born?

>>23778167
Great analogy, yup it's totally the same, high IQ right here.

>>23778055
>there's a thread for this
gold is near it's inflation ATH, while silver is getting close to it's very long term resistance level of $30. If you're going to buy, silver is going to be the better pick ideally if you can stack below $30/toz.

Silver is an industrial metal, if you believe in collapse of economy then there will be no need for Silver.
Gold is much better if you want to guard against hyperinflation.

Hyperinflation is not coming so you will underperform stocks but that's another question.

>>23778055
Historical rate of financial holdings of PMs is 1.5-3%. We are currently at 0.5%. expecting at least $5000 gold, $100+ silver, before all is said and done. Will probably exceed that, but it'll be normie hype at that point.

>>23778379
>historical rate of pms is 1.5-3% so I'm expeting 150% soon

what? how did you arrive at that conclusion?

>>23778379
I've heard as much as $50000 per oz if they revalue it.
We'll see.
https://www.youtube.com/watch?v=mXSGwDa4aMU&feature=emb_title&ab_channel=MarkMoss

>>23778437
Brainlet

>>23778055
Gold and silver have their place but bitcoin is simply the king.

>>23778298
I don't know about actual gold, but tether gold has gone up 5% the past 30 day alone.
And I remember silver was $13 in march.
I wanted to buy some but I couldn't find silver bullions where I'm from.

>>23778055
My metals are a long term investment for me. It'll be passed down through generations knowing it won't be worth selling until decades, maybe even a century later.

>>23778055
I mean yeah get some, dump a few % of your net worth in it. But there is no telling what will actually happen, ideally you want a fully diversified portfolio consisting of crypto PMS real estate index funds private equity etc

>>23778509

yes Silver is up a lot but it's still an industrial metal that's why it's not gonna protect you against economic downturn.

>>23778597

cont.
I'm not saying don't buy Silver but what I'm saying is, don't buy Silver if you believe in economic downturn.

>>23778597
Interesting.
Some people have gone all in on silver lol
https://www.youtube.com/watch?v=VADiANSSTh8&ab_channel=NeilMcCoy-Ward

>>23778055
gold is basically a hedge against nightmare scenarios like a soverign debt crisis, destruction of WRC status, or something like that. If the dollar straight up collapses, which it probably will EVENTUALLY, then gold is a comfy position, but its a LONG TERM HODL position and it is a form of WEALTH PRESERVATION its not an investment per say

>>23778055
It is literally NEVER too late for precious metals. Just always DCA your capital.

>>23778709
I've enough silver to buy some food or pay some bribes in the event of a major disruption where digital or paper currency becomes worthless.

>>23778597
>>23778613
>my little anon can be this zogged
push the “industrial metal” meme so (((they))) decouple perception from gold and short paper silver to the ground for physical accumulation.

>>23778709
I agree its a hedge but if its goes up in value substantially its then an investment as well.

>>23778055
$15,000 by 2025 is conservative.

Last two bull markets, gold went up 2200% and 700%.

Start of this bull market was $1050 in 2015. Just take the average of the last two bull markets and say this one will be 1500%. That's $15,000.

You could also just take the global M1 supply, divide that by official global gold supply numbers (34k metric tons or so), and you also come to around $15,000 an ounce.

And we all know central banks are just going to keep printing into oblivion. $15k by 2025 is conservative

And if that's what gold will do, imagine what silver will do

https://usdebtclock.org/