/biz/ - Business & Finance

>>29991735
>will we see hyper inflation
Yes, it's already here
>What's the best way to protect yourself and your finances
Silver and silver miners
>Crypto
Going to zero when the dollar dumps and the world goes back to gold, banker-created distraction from PMs
>real estate
In a bubble at 9x earnings but at least won't dump to zero

>>29991841
I'm not sure crypto will go to 0, I think depending on how hard the crash is it will either pump or just have a bad dump. I think silver is a great investment at this point though. So do you think the housing market will crash then?

>>29992427
>I'm not sure crypto will go to 0
See Alasdair Macleod's writings, when Russia now owns more gold than dollars and the Asian nations are hoarding gold, gold will be the new money after the dollar gets dumped and crypto will immediately have no purpose and go to zero in terms of gold. It's pumped because of the MSM and tether just as stocks are pumped by Q. E.
>So do you think the housing market will crash then?
Yes, it will in terms of gold. It costs about 200 ounces to buy a normal house today but you only needed 5 ounces to buy a mansion in Weimar Germany. 9x earnings is not a normal price for a house.

>>29991735
I am extremely bearish on crypto. Although a home is perhaps not the best possible investment, it is my priority of expenditure. I would rather have a nice home than a 1.25% increase annual gain on investments.

I will post what you should already have, or try to get in the immediacy of the following events relative to the near future:

Normalcy (unlikely)
>Bonds, Money, Stocks, Real Estate (Land)

Temporary Economic Crash (very likely)
>Stocks, Real Estate (Land)

Temporary Government Collapse (somewhat likely)
>Gold and Silver, Real Estate (Land)

Temporary Monetary Collapse (somewhat likely)
>Gold and Silver, Real Estate (Land)

Total Societal Collapse (unlikely)
>Gold and Silver, Real Estate (Land), Cigarettes/Alcohol/Ammunition/Toilet Paper/Batteries/Ammunition
Pic related for humility.

>>29992937
>Total Societal Collapse (unlikely)

In respect to this point, worth quoting something which was pointed out in a thread like this quite recently:

"See picture. You could buy a mansion in Weimar Germany for only five ounces of gold. It's a myth that everything looks like a Fallout game when a currency collapses. That's what they WANT you to think. As if we couldn't survive without predatory banks printing fiat money. Truth is, yes, there's a period of some months where you have severe destabilization, but all that ultimately happens is that you get wiped out if you're holding paper.

"Once the old Reichsmark had been thoroughly obliterated, the return to a stable currency was so absurdly simple as to become known as the "miracle of the Rentenmark." The Rentenmark was placed in circulation beside the devalued Reichsmark and carried no real value of its own but the naked avowal that there would be only so many Rentenmarks and no more.""

Anons please help a brother out, where can I buy physical gold/silver online.

>>29992647
crypto is built by math and physics you retard. if crypto goes to 0 that implies that the world has 0 internet and we are back in the dark ages. At which point you gold and pms is still fucking useless bc anyone with a gun can take it from you.

>>29992647
what could you buy with silver in the depression?

>>29993347
Hey fellow Bayhorse Chad

Do you have 5k so you get your silver bar divys?

>>29993445
Jm bullion

>>29993445
Check the PMG form on here, they have a massive list.
>>29993773
Well, in the middle of the great depression, 1935, silver was valued at 12.31 and oz, calculating for inflation, that would be about 235 bucks no a days. so, what ever 235 bucks would buy.

>>29992647
>you only needed 5 ounces to buy a mansion in Weimar Germany
And what about silver? If it's true that silver is currently at a ratio to gold of 100:1 and history it was 13:1 silver should moon harder relative to gold.

>>29993591
>crypto is built by math and physics you retard. if crypto goes to 0 that implies that the world has 0 internet and we are back in the dark ages. At which point you gold and pms is still fucking useless bc anyone with a gun can take it from you.

>>29994394
lmao
>>29993445
pmg will help you bro

>>29993591
Guess who also has a gun?

>>29993591
>crypto is built by math and physics you retard
No its fucking not lol, crypto was built by some fucking basement dweller in china, that NO ONE knows who they really fucking are, Crypto until around 2010 was basically worth zero with a single BTC only being worth like .00001 cent.
>At which point you gold and pms is still fucking useless bc anyone with a gun can take it from you.
Yeah, because gold and silver stackers ARE NOT also armed to the teeth. You fucking understand that the people here promoting gold and silver to hedge against a collapse, or hyper inflation are basically the same people who also are prepping for the possibility they might have to defend themselves? Meaning most fucking stackers are also armed as fuck.

People who compare crypto to gold and silver are fucking smooth brained because they dont realize that cryptos values is tied directly to the USD, crypto is no better then basically any other countries currency which is all backed by the USD. If the USD goes belly up, every fucking fiat currency goes with it, including fucking Crypto
>Oh if USD goes belly up ill just sell it to some chink for yen, or some eropoor for the euro.
Except all that is based on the USD doing good, meaning when fiat crumbles gold and silver will again be the currency, like it had been for 10k+ years. Remember, the last century is the odd ball out with having paper money and fiat currency. we are living in the exception, not the rule.

>>29994615
lmao just one? i have two safes worth

Here's a question I forgot to ask in the OP. When do you think the crisis will really kick off. This year or in a few years? Will things just slowly get worse, or will it happen all at once?

>>29994167
Silver is only down because of dollarized COMEX suppression, so when gold becomes money again silver will return to a historical 1:14 GSR or lower. Probably much lower because it has nearly been wiped off the face of the earth by predatory shorting; add to which that Latin America, India, Poland etc. are likely to monetize it again.

>>29993892
Yes, fellow horseman.

>>29993773
The average wage in silver in the time of Henry Ford was only 1.6 troy ounces of silver per day.

>>29994689
Can you shoot all your guns at the same time?

>>29994744
Alasdair Macleod thinks that it all may collapse within months. Nobody credible thinks that we have more than a couple of years.

>>29994841
>The average wage in silver in the time of Henry Ford was only 1.6 troy ounces of silver per day.
in 1935 1 oz was valued at 12.31, with inflation that would be around 230 bucks.

>>29994870
of course not, why would you ask this

>>29995053
Makes sense then that a man with a working-class wage could afford to buy his own car, his own house, and provide for an entire family without his wife having to work. Irwin Schiff gives an interesting lecture about how wealthy Americans used to be in his time.

https://www.youtube.com/watch?v=PldyfV8QBcA&ab_channel=PeterSchiff

>>29993591
was crypto invented the minute the first data message was sent in 1969?

>>29995223
so whats the point of owning more than a few at best? could you beat an army with 200k guns? one is enough for most cases

>>29995511
yeah its mind blowing how wealthy every American was (in real terms) right up until the 1960s

>>29995991
obviously its not practical - but when someone is in fear for their life a gun is much more valuable to them than a gold coin. im not saying metals arent a good investment - i have some in the same armory

>>29995511
Yeah generally speaking if someone was getting paid in 1.6oz of silver a day, at the rate of silver in 1935, which granted was the depression, right in the middle of it. that would be about 47 bucks an hour. for an 8 hours work day. which comes out to 97k a year.

>>29991735
Guns gold and land (plus personal stores of food) would be a fairly safe bet

Is 1oz gold, 11oz silver a good starting point?

>>29995991
>Hunting rifle
>Hunting shot gun
>Bird shot gun
>Carry pistol
>Hunting side arm
>Hunting revolver
>Carbine for SHTF
>Play fun guns
There are a lot of reason for owning more then one fire arm. Fire arm are tool, you can use a hammer to drive it a screw, but its going to be a lot easier using a screw driver. Pick the right tool for the right job.

>>29994689
Of course not just one, dipshit. Are you going to carry your two safes worth all at the same time?

>>29996069
>>29996317
https://wtfhappenedin1971.com/ is always instructive.

>>29996585
retard.

>>29995991
do you just own a handgun? why not a pcc?

>>29993347
It is worth noting that to finance the Rentenmark all germans that owned real estate had to pay a forced mortgage on their property. You were forced to pay 50% of the value of your property to the state over 30 years.
That happened not only once, but twice: 1923 and 1948.

carrying the weight on many shoulders

>>29996762
Thank you for the highly valuable additional information Sir Owl.

>>29993591
>>29993773
>>29994689
>>29994870
>>29995223
>>29995913
>>29996585
>>29996610
>>29996674
~25% of the posts in this thread are completely derailed from OPs original topic.

>>29994141
200s are the numbers i got looking at historical inflation crisis data coupled with PM frenzy. that would send silver miners into the goddamn stratosphere.

>>29996896
hardly. if you believe in an upcoming economic crisis you should have at least one good working firearm, the knowledge to use it, and a sleeve of ammo

>>29991735
Nothing is going to happen just relax
The experts have this all under control

>>29994637
>crypto was built by some basement dweller in china
BTC was built as a way to save your assets incase another 08 crash happens again. Using a POW mechanism, simply put there has been too much time & energy into securing a digital ledger viewable by anyone over a vast network of computers. Its scarcity coupled with the fact that there is a hardcap, shows that it is as good as a hedge as gold. You say it is worth zero because it is worth what someone would pay for it. How is that any different from gold?
Our world is changing mate, and you're too blind too see it. I can send my digital gold to anyone on the planet as long as they have an internet connection/wallet. That is what makes BTC > Gold, since you can't trust anyone to send it for you.
Although completely traceable, you do realise that BTC was used to buy goods and services from all over the world instead of using your countries traditional fiat currency. If you think about it in terms of the traditional use of gold, gold was paid for goods and services to your neighbor/business partner etc. until people decided to use it as a store of value or hedge against inflation. You don't see that with the rapid development in our world, people are moving away from BTC as a trade for goods and services into BTC is a SOV/ hedge? Crypto is tied to USD & FIAT due to the fact that people who aren't playing the long game are treating it like a stock when it is not. 1 BTC = 1 BTC. Crypto & BTC allow a world market to take place, while allowing your everyday person to control their own assets how they see fit.
>gold and silver will again be the currency, like it had been for 10k+ years.
There is nothing wrong with gold and silver, I believe its important to own assets you have faith in. But the medium of value transfer these days is digital. Just like the value of gold is tied to how difficult it is to literally mine and who believes it is a SOV, BTC is tied to it's own form of mining which is Math & Physics based

>>29997102
even if you are right, and the USD devaluing doesnt kill BTC it's going to be a goddamn trial by fire

>>29996969
>At least one
>Tries shittalking me by implying I have only one firearm
Lol, just lol.

>>29997472
youre so fucking salty for no reason. good job on having more than one gun you fucking ape, that was my entire hope for you to begin with.

>>29996955
>200s are the numbers i got looking at historical inflation
thats what you got silver as what it SHOULD be right now?

>>29996896
I don't mind. I'm in that list too. It's good to see people discussing real world issue in the economy and beyond on this board. Crypto is great but there is a lot more to finance.

>>29997102
>I can send my digital gold to anyone on the planet as long as they have an internet connection/wallet.

Kinesis Money?

>>29997102
>BTC was built as a way to save your assets incase another 08 crash happens again.
LOL no it fucking was not you mong, it was literally made in the early days of the internet by some basement dwelling chink who gave no reason, and it only served as a way to move around money illigally through black markets, and for epeen stroking on forms for rig mining.
>How is that any different from gold?
Because gold fills all the needs and requirements to be a currency. Bit coin does not.
If you think bitcoin can actually replace currency man....you really should look into what the BTC ledger is and understand why if it ever went mainstream, you would be waiting 6 hours for a fucking coffee purchase to go through on at star bucks.
BTC is a neat little consumer made fiat, nothing more. Its a house of cards at the end of the day.

>>29997547
yes. that's pre squeeze and pre PM frenzy from people trying to get rid of fiat. once that happens its kookoobanoonoos time. Silver has been shorted for a long time. keep in mind it's only marginally more common than the rest of the PMs, yet has more utility, and is price a magnitude lower, despite being mined just the same as the rest.

>>29997526
Now post your gold and silver.
Once things calm down guns lose all their crisis-driven value.

>>29993892
Do you only need 5,000 shares for the bullion divvy? I have 30,000 but want to bump it up to 100k soon.

>>29991735
Who are you Peter Schiff? We are not getting hyperinflation within US borders in decades. The federal reserve has been printing RESERVES. This does not go straight into circulation. The reserves have to be loaned by banks or inserted into the economy by the federal government spending or handouts. Americans have too much debt as it is. They are not taking any more loans. Americans are using this forbearance and covid period to save money. They are spending less and getting stimmies. This is what is increasing the money supply and decreasing velocity. Our GDP is negative. NEGATIVE! Other currencies are actually increasing their money supply more. Canada will hyperinflate and Canadian people and corporations will go to the dollar. Each country that hyperinflates will bail to the dollar and they already ARE. The USD has some of the highest interest rates of all government backed fiat currencies.

>>29998763
youre seriously pathetic, trying to get into a dick measuring contest with strangers. the only thing youre fit to hold is my nuts.

What you doing with those gun-

>>29999186
Now post the black on black homicides.

>>29995991
There's incredible variety in these tools. And you can arm friends and family if need be.

>>29998841
Last year they gave the option to all shareholders of purchasing 5000 shares (more technically warrants) in exchange for 25 ounces of silver. So that's where the 5000 number comes from. An anon e-mailed Graeme a couple of days ago about silver dividends and he didn't rule them out.

>>29997806
>it was literally made in the early days of the internet by some basement dwelling chink
Are you retarded? 2008 was not even close to the early days of the Internet.

>>29999672
I meant early days of the chans.

>>30000252
>>29999672
Which yes i know it came out in 2003, but really the chan culture and internet subcultures went into their full swing of things.

The point still stands it was originally made by a basement dwelling chink for reasons that mostly involved with rig mining Epeen stroking and illegal drugs.

>Recession
Buy real state
>Depression
Buy gold/silver
>War
Buy???
>Apocalypse
Buy weapons, food

>>30000727
Most likely theory is that Satoshi is Adam Back, the head of Blockstream (which is itself controlled by the Bilderberg Group and the banks). No moonboy has ever been able to refute this video they simply try to avoid it.

https://www.youtube.com/watch?v=XfcvX0P1b5g&ab_channel=BarelySociable

>>29991735
>Best investment

Guns duh. Why not roll around in a van and be an arms dealer?

>>29991735
>>29992937
you're smart, but overthinking things fren. What indicates a governmental collapse? The leftwing guys have won for a long time, republicans have become docile. There's no war unless the Biden puppeteers want it to happen.
>>29978447
inflation is only coming once people are fully (((vaccinated))) and (((covid))) is over. Then the money will flood the market again, first with people overspending on stupid shit (but also things like real estate), only then will the prices of basic necessities rise. Crypto will NOT be negativelly affected unless there is a complete breakdown of the system, which will not happen. Why would the big dogs let that happen? They have a fully domesticated population right now, with boomers left powerless and minorities/zoomers ready to win the (((popular vote))) for at least 40 years forward.

There will be inflation, yes, but nothing catastrophic. Buy as much in assets as you can right now!

>>30001610
>There will be inflation, yes, but nothing catastrophic

Catastrophic inflation is already here. It's over. It's done. The authorities have lost control and there is no turning back.

https://www.goldmoney.com/research/goldmoney-insights/hyperinflation-is-here

Already reflected in the prices of commodities which they are struggling to suppress like copper, lumber, etc., constantly hitting new highs.

>>29999631
So I need at least 5000 shares? And we're looking at Q3 before bayhorse explodes in value?

>>30001953
>So I need at least 5000 shares?

Unknown, the number of 5000 shares is simply the only benchmark we have.

>And we're looking at Q3 before bayhorse explodes in value?

According to its value Bayhorse should already be multiple times higher. Surge in price can come any day as it already did come from people recognising the value of a microcap producer which can do 2 million ounces a-year and yet which is rated at a $30 million market cap.

>>30002155
>According to its value Bayhorse should already be multiple times higher. Surge in price can come any day as it already did come from people recognising the value of a microcap producer which can do 2 million ounces a-year and yet which is rated at a $30 million market cap.
Any reason it hasn't gone up yet? I find it odd that there's free money beckoning us, yet there doesn't seem to be a catch.

>>29991841
governments are literally announcing trials for CBDCs, and PMtards still think theyre going back to PMs. best case scenario for you guys we have CBDC&PM backed fusion, but not PM only .the trajectory of national currencies is towards greater control, which is more suitable for that, PM or CBDC? better yet, ask yourself if the governments of today are going to move to a standard that forces them to relinquish control, or one that enables control?
but yeah were going back to the 1960s! gold standard, drive in movie theaters, its going to be awesome.

https://youtu.be/74fYx1LPaVk
This guy says it will be deflation that leads to another great depression

>>30002254

If you bought when /pmg/ was buying you got in at 0.090 CAD and saw a recent high of 0.22 (a 150% increase) within weeks, sounds pretty good to me.

Most PM stocks in general are in the gutter. GDX and GDXJ are the benchmark ETFs of gold producers and yet they are now barely above what they were when gold was $1400. Barrick has dumped even lower than Jan. 2020 and Kinross, a large respectable producer which pays a large dividend has a P. E. ratio of 8 (15 is normal, 30 is expensive, and Tesla is at 2000).

>>29998963
I take it you have no gold or silver?
A couple dozen old firearms aren't going to compactly preserve generational wealth, anon!

>>30002254
it doesn't have anywhere to go but up. FILL YOUR BAGS WHILE YOU CAN. only thing holding it from catalyzing is its OTC stock status as far as i'm aware. I am scrambling to get more cash available to long

>>30002631
stop posting.

>>30002679
You first, stacklet.

>>30002546
Deflation is a banker-created meme which is intended to avoid hyperinflation. Hyperinflation is equally psychological as it is physical--you didn't see price-increases during WW1 Germany despite the rampant money-printing because of anxiety about the war. So bankers pretend as if the real fear is deflation which is obviously completely absurd. ShadowStats and Chapwood Index show real inflation at 10% per annum for some years now, and now it's getting closer to 50 or 60%. >>30001812 In picture related you'll see the bankers fudding about deflation when gold was only $300 an ounce, and claiming that it was about to crash.

>>30002722
unironic cringe posting

>>30002644
Me too, I'll be putting my next paycheck into this.

>>30002746
Says the guy trying to flex firearms that he has yet to prove exist.
>>30002736
Wish I bought $300 gold :,(

>>30002843
buddy. the fact that you feel the need to prove something to people youll never meet speaks volumes about how much of a cuck you are.

>>30002546
>>30002736

Picture related is another example of previous banker fud about "deflation," an article called "Going, Going, Gold" from 2004, when gold was $400. Add to what I have said that the CPI, the official measure of inflation is an utter fraud which uses something called "hedonic adjustment" and cannot be trusted--Mike Maloney has some good videos on this.

>>30002546
he says deflation because it's at least one of the possible ways out of this credit bubble and dead real economy which are the true causes of what's been wrong the past 20+ years, ever since greenspan decided to kick the can down the road since 1997;
1) deflation and deleveraging, CB does middling intervention or is ineffective, market wins in the end by popping the bubble. Austerity. People suffer. USD retains its value, it's the existing system but with a proper bust cycle which we never really had since 1930.
2) hyper-drive with fiscal stimulus, USD is rendered worthless. Or default on existing debts like cause a crisis, offer the solution like CBDCs. Replace USD with a NewUSD, trade it in at a massive discount and create an entirely new system. The great reset.

3rd option) is the status quo. liquidity trap, pretty much Japan, 0% interest rates, stagnation in the real economy even with QE and MMT, ongoing fight against deflation

>>30002881
The fact you keep responding doesn't much better for yourself.

>>30002902
>>30002546

Harry Dent's absurd theory is that the government will just let everything crash and that people who are holding U. S. treasuries will win. But the nominal stock-market crash which he posits would cause every over-leveraged G-SIB bank on earth immediately to fail (see Alasdair Macleod on this) and wipe out every single person who is holding dollars. All confidence in the dollar as the world-reserve currency would be lost and the world would immediately revert to gold. So whether we get so-called "deflation" or "inflation" is irrelevant, you want to be holding PMs when the crisis comes to a head. Harry Dent also denies manipulation on the COMEX which is the only reason why paper gold and silver crash when the stock market crashes--the bankers smash the paper price so that PMs don't seem like safe havens. Dent uses this dumping of paper PMs as evidence that gold will "deflate" when everything else "deflates," but truth is that you would soon get a COMEX default if the banks smashed the price again that far, as you nearly did get in March 2020.

>>29996599
Robots? Yes, when robots operate the robots there will be another split like that. Might already be underway, The Singularity.

>>30003258
>just let everything crash and that people who are holding U. S. treasuries will win.
From what I've heard from watching his talks and interviews, he's saying the Fed won't have a choice, the only logical way out will be a crash.

>>30002902
>never get rid of the problem, just pretend wound care is a solution
None of your "solutions" gets rid of the ponzi. It's almost like the goal is to perpetually fuck with everyone who isn't an owner of a Federal Reserve share?

>>30003535
>what? what do you mean we just happened to have this Billion dollar SPAC on hand for just this moment?
>of course we couldn't have predicted this. now sign over the family business, or you don't get this 5 pound bag of potatoes

>>29994637
Ok, was interested in your insight but you clearly need some meds.

>>30003535

There will be a crash, but it's going to be an inflationary one or in real terms, not nominal terms as he posits. They will implement Yield-Curve Control and parabolic money-printing to try and delay the day of reckoning as long as they can. Stocks will soar but crash in terms of gold. It's the only politically expedient option.

>>29991841
>bayhorse

GTFO

>>30002460
I don't think anyone is unironically saying go all in on PM are they? I have 5% of my networth in PM and dont plan on increasing my stacks. Just a lil something. I think more would be rumb.

>>30003771
>I don't think anyone is unironically saying go all in on PM are they

I am, yes.

>>30003258
>Crash the economy and ride it all on PM's in an apocalypse

Wouldn't they straight up declare a seizure of all PM's and any pm holder labeled a terrorist if they don't give up their metals for "national security" reasons?

>>30003909

PMs held in overseas vaults weren't confiscated in 1933, nor were mining stocks, so you can hedge against this by diversifying in those ways. Also by getting a second passport and making plans to escape your country and renounce your citizenship. Or by getting together with like-minded people, because America (for example) is so divided that you'll probably see secessionist movements if there's an attempt at confiscation.

>>30003988
>Getting with like minded individuals

Flaws here, how much silver would be straight up dangerous to hold for risk reasons? Also who's to say the fed doesn't have some hugeass vaults of the shit to pay their own merc army to go around and shoot any pm holders?

>>29991735
>We're heading towards an eocnomic crisis

No we aren't, take your meds

>At least here in America

LOL

>>29992427
There won't be a crash, literally take meds.

>>29991841
>Real estate is in a bubble

Massive crime, take meds.

>>30003845
Why you can't time the market. I have 11oz gold and 4kg of silver and I got a good deal on copper so I bought it for shits and giggles from a scrap dealer so I also have 250kg of copper on my garage.

I still love my linkies and will not get those returns on PMs

>>30004289

>Flaws here, how much silver would be straight up dangerous to hold for risk reasons?

People who believe in PMs, who believe in liberty, who are homeowners, who are generally respectable people won't be a problem. You need to find the right community.

>Also who's to say the fed doesn't have some hugeass vaults of the shit to pay their own merc army to go around and shoot any pm holders?

The U. S. government isn't anywhere near as powerful as you think. Its high-tech supertoys utterly failed to subdue the people of Yemen and we saw from the 6th January storming of the Capitol how trivially easy it would be to overthrow the U. S. government.

>>30004593

If you don't realise your gains into PMs before the black swan comes,--and it may come any day,--you have no gains. You will go to bed one Friday night, hear over the weekend that gold has been revalued at $10,000 an ounce, and find on Monday that your cryptos have become completely worthless.

What happened to people who owned stocks in Venezuela when they experienced hyperinflation? They were trillionaires but couldn’t afford anything?

>>30004736
Richer than people who owned cash, who simply lost everything, but immensely poorer than people who were holding precious metals.

>It's another "An industrialized electronics-carrying population that's already accustomed to using digital ledgers for the vast majority of commerce couldn't possibly transition to any of the highly polished and efficient Crypto offerings currently on the market, oh no no, coin collections and metal shavings scraped onto scales at the checkout counter are gonna be the TRUE money of tomorrow!" thread
When the year is 2021 and your institutions and currency fall into mismanagement and ill repute, you switch to using Crypto. Millions of Africans already did it - proving definitively that it is both viable AND so easy that even niggers with nothing but cheap cell phones can pull it off and enjoy a reliable currency in the void left by dysfunctional institutions.

>>29991735
>Okay, /biz/ at this point it seems obvious that we are headed toward an economic crisis.

This is how you know we're not.
Smooth sailing for the next 20 years friends. Good luck.

>>30004875
>coin collections and metal shavings scraped onto scales at the checkout counter are gonna be the TRUE money of tomorrow

If you don't know what Kinesis Money is then you've already shown that you're completely ignorant about crypto.

>>30003533
Not just robots, outsourcing as well, it's consider "productivity" if it is made in China and imported by an American company

>>30004875

>a reliable currency in the void left by dysfunctional institutions

The dysfunctional institutions are exclusively Western and the void will be filled by the productive Asian nations who will demand gold. They don't want your useless cryptos.

>>30004875
You know what's better than crypto in Africa? Sheep and guns. We already have 300 million guns, now all we need is the sheep....

>>30004593
>I also have 250kg of copper
not any more. it just oxidized, you have 249.58kg of copper, and .42kg of copper oxide, and some chlorinated copper. Whoops, there it went again. Recalculating...

>>30000836
>>Apocalypse
>Buy weapons, food
False
In an Apocalypses you need a community, just having weapons will not help you against the hordes of niggers.

>>30003748
redpill me on the bayhorse shills. was considering buying in

>>30005039
plays nicely into
>>30005154
>hey guys, why is there a giant red spot on my dick? it looks alot like that spot on the sheep...

>>30003845
BASED

>>30005274

>>30000836
>Buy???
War bonds idiot. Your great great great grandchildren can live off that shit if you buy enough.

>>29994637
>Remember, the last century is the odd ball out with having paper money and fiat currency. we are living in the exception, not the rule.

You could say that about a fucking million things, it's irrelevant. The last ten years is the only time in human history your Mum could have me on speed dial and text me her exact location so I could pump and dump her and that's not changing any time soon.

Also, pretty sure the Mongols used fiat currency.

>>29991735
>Okay, /biz/ at this point it seems obvious that we are headed toward an economic crisis.
It's been going on since end 2019 with the phantom menace of negative interest rates. Every 10-12 years, there is a crisis.

>>30005524
has anyone ever told you that you're a tard

>>30005137

hahahahaha

Thank you anon, I appreciate you pointing out reality.

One could say the same thing for Silver.

>>30005672
>10s
>Coronahoax
>00s
>Housing bubble
>90s
>Dotcom bubble
>80s
>Financialization?
>70s
>Gas prices?

What was 50s and 60s?

In an economic crisis, the rich would not permit the stock market to crash, or so it seems. They left their buddies out to dry in 2008, and would probably do it again, the only ones they protect are the bankers.

In a true economic crisis, it's going to be unsafe to live in rural areas, and cities will be the center of the economy.

Housing prices in the city will be safe, but housing prices outside of the city will crash, because the econmy is fucked.

Who wants to buy a house in bumblefuck New York? IT HAS NO INTRINSIC VALUE.

>the eviction moratorium

This is the elephant in the room anons.

The entire housing market is in an artificial bubble and when the biden admin lifts this moratorium all hell is going to break lose on a societal scale.

>Will biden lift the eviction moratorium, ever?

He's a scumbag pedophile who rapes children, if he would rape a child, he would lift the eviction moratorium. Uncle Joe's the psychotic uncle that raped your GF before she turned 9, not the happy uncle that encouraged her to get an education.

>So biden lifts the eviction moratorium and the housing market goes to shit now what?

Precious metals have always performed well in any economic crisis. Prices are still reasonable, especially silver, but premiums are fucked in silver. Gold has lower premiums, and the lowest gold's going to drop is around $1500 or so, so the downside risk is minimal.

>Personally I'd rather not spend 25% on a fucking premium.

That's crazy spread shit that's money down the drain.

RIGHT NOW - gold is the better buy, because of the 5% premium versus 25% silver premium.

>Eviction moratorium.

The entire thing rests on whether or not the Biden administration will ever lift the eviction moratorium

They extended it all the way till june, anons.

Been over a year now, niggers been living for free.

>>30003909
Thats exactly what happened to germany that >>30003988 forgot or ignored
>>29995991
>>29996486
>>29999444
>>29994870
>>29996428
Imagine thinking your COD skills will be useful when even the cartels have already moved onto drone strikes.

I'm not worried. I'm in my 60s and have enough bluechip stocks that I'll be well-taken care of.

>>30003737
what would that mean for gold related stocks or even miner stocks like JNUG?

>>30007208
You do realise 1 million homeless niggers will lead to MORE crime right? They're still molded by the consumerist lifestyle, and they'll get what you have one way or another. The jews own all the property anyway, decreasing crime and jews on suicide watch is literally best case scenario, whats your problem.

>>30007208
He will extend it. Too much pushback for doing anything responsible. Every politician has to be like the "cool parent" who gets along with their kid but their kid turns into an undisciplined scumbag.
I remember after basic training, I came to really appreciate the drill sgt's who had us up at all hours doing PT, reciting knowledge, yelling. At the time I hated them. Looking back I realized they were the ones who truly cared.

>>30002736
Hyperinflation isn't just psychological. It's based on governments trying to pay foreign debts by printing more money. Germany printed more money to buy gold to pay the obscene war reparations and just kept upping the denominations they printed every month. Increasing the money supply like the USA did isn't going to cause everything to be worth 1/1000ths of what it was.

>>30009388
>stockholm syndrome

>>29997806
This guy’s got schiff for brains

>>29991735
if you don't own silver you won't make it

>>29993773
City block after city block in new york city, mostly.

>>30003909
https://en.wikipedia.org/wiki/Executive_Order_6102

>>29992647
thanks for that, thought it was a real story