/biz/ - Business & Finance

>>30226920
I am. I shouldn't have listen to the people saying to buy silver, it's the next pump. IT WAS NEVER PUMPED.

I am, lol. Only a little.

Unprecedented demand. Price goes down. I'm not sure it's meant to work like that. But of course we live in clown world, where nothing is real. Honkler Rulez.

>>30226920
I am.

If I had put everything I put in gold into crypto instead I'd be rich now.

>>30226920
Did people buy precious metals as an actual investment?
IMO, it's mostly meant to be insurance in case shit hits the fan.

>>30226920
Don't care. Spot price is paper. Go and try to buy a physical ounce and see what it costs you. I don't care what the kikes do. I ordered more silver today. I will never stop. One day, the dollar is going to crash. We are over 130% debt to GDP and that will be 140+% by the end of the year. Things are accelerating. Gold, Silver, BTC. Fuck fiat.

>>30227277
Shit is hitting the fan and it's still declining.

Seems gold is not an inflation hedge any more.

>>30226920
yeah

I feel sorry for any of the fags that get shaken out of physical gold and silver and fall for this bullshit demoralization. One day, you're going to wish you kept your ounces.

>>30226920
>he fell for the shiny rock meme
OH NO NO NO NO NO NO NO *inhales*

HAHAHAHAHHAHAHHAHAHAHHAHAHAHHHAAHHHAHAHHAHAHAAHAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHHA

>>30226920
i'm still up pretty big but i never plan to sell desu could have sold with 40% in august but i just keep it like ''fiat'' that i'll never have to touch only if things are really bad got about 80k invested. other 300k are invested in other places.

Why would I be underwater ?
I'm not going to get liquidated or anything.
I'll just sit on my shiny stack until I can buy a comfy house with it.

relevant positions : picrel

>>30227771
>I'll just sit on my shiny stack until I can buy a comfy house with it.

same here

>>30226920
me, but I'm still not gonna sell

My gold and silver is underwater along with my firearms if ya know what im sayin huehuehuehue

No, avg buy in is $17/ ozt silver go fuck yourself, be honest.

>captcha related

by under did you mean i am currently bathing in a lake of oldbug tears.

why yes.

i am underwater.

>>30227321
>Seems gold is not an inflation hedge any more.
Boomers still don’t understand that inflation is coming, they believe in the faked CPI numbers.

>>30227321
>everything happens in one second

relax dude

>>30227277
>buy gold for $2000
>price plummets to $1500
>you lost $500 when you could have $2000 in your bank
lol this is what you guys never understand. There will be no SHTF scenario.

down about 1.5k
never selling

>>30227277
No one will want your gold in a SHTF situation, you retards will learn the hard way

Under water? Ohhh... Looool you're a moron who doesn't understand value. How do you feel about losing 21% of your crypto USD value daily? If you cared about it's value in USD you wouldn't bother would you. Maybe actually learn something before beginning a thread like this you absolute loser.

>>30226985
Imagine being this retard and thinking precious metals are just like crypto and getting rekt.

>>30226920
isn't silver up?

>>30226920
I can hold and look upon my shiny coins, can't say the same about my cryptos, eitherway I'll keep collecting as a hobby and if it ever spikes in value that'll be a nice little bonus.

>>30226920
>>30226985
retarded FUD even if it's true
the world at this point is so far past reason that the price on paper is completely irrelevant, silver and gold are objectively a better store of value than any fiat

>>30228756
this, if you want gains put money in crypto, if you want to not get fucked buy silver
these are far from mutually exclusive, you should seriously consider cashing out into PM when you cash out

>>30226920
I am abovewater. But metals suck. I should have put that money in BTC instead.

>>30228662
they'll want your dollars though, right? when shit hits the fan you'll still be able to make purchases with the good ol' american dollar?
nobody is suggesting you don't also stock up on food and ammunition, this is a store of value at least for AFTER shit starts functioning again

I started buying in 2010 and am at hundreds of ounces now. I'm probably flat desu. Been waiting a long time for it to pay off. If I have to wait another 10 years I will. The only thing I need money for at this point in my life is to buy land for my family, everything else I can take care of easy. So I would need 10x - 100x returns on my stack then I might start pivoting to land. I've been backed into a financial corner by boomers and this is the only chance I have to get out.

>>30226920
did you lose yours in a boating accident too?

>>30228756
>>30229458
Fuck off and go back to sucking each others cocks, cock sucking faggots.

>>30229921
I'M NOT GAY DON'T CALLING ME THAT

>>30226920
i'm in the green with my silver. just hold long term, and try to buy low premium silver. i'm also an ausfag so that kinda helps.

>>30226920
lol I bought silver @ $5/oz

>>30226920
Down $10k on my gold. I got JUSTED by listening to you faggots.

>>30226920
I just checked and i still have 300oz of silver and 1oz of gold i don't know what you're talking about

>>30227771

>>30226920
Nope. Literally the chad that bought in 2015.

But don't worry, long as you own physical, you've done the right thing. Keep in and don't sell it untill the Anglozionists fall to the ground. You don't even need much. An ounce of gold or maybe a few and maybe 10 times that in silver and you'll have made it.

>>30227321
It's not because of paper gold. When people invest in gold, they buy receipts of having gold stored which are redeemable upon request. No gold is then taken of the market and the prize never goes up. Ownership of gold is 100 times greater than gold in existence.

>>30227321
anon shit hasn't even started to hit the fan lmao, when people are filling backpacks with cash to go to the grocery store you will know

>>30228756
They're a security hedge and a very good one if there is hyperinflation.
They stay still whilst the economy and currencies move around them.
1oz of gold will always be 1oz.

>>30227771
777 Gods money lookin good

I've been stacking for around 10 years, most of it bought at 1200-1300 USD.

>>30226920

on physical gold, down about $600
on physical silver, probably up $500-1000
on miners, up 25K

but some of those are long time holdings, so the returns have definitely been underwhelming over the last decade.

>>30226920
Screw you trolls, I couldn't help believing the hype on Reddit/Inflation and then you check all of the silver websites they were all SOLD OUT WAIT 5 WEEKS FOR DELIVERY.

So yes I believed in the scam. At least I got to touch a bar of silver it was cool.

>>30226920

Not about being down, but having a global reserve currency.

under bc tax

>>30232332
>He thinks spot price is real price of silver
ngmi

>>30226920
bought most of my stack last march-april at around 15$ so had decent gains for a metal investment
up 30x on crypto but that is a different asset class, how some fail to grasp that is beyond my understanding

>>30233323
>silver for $15 last year
There’s no way, you probably bought fakes lol

>>30226985
FUCK KIKES FUCK NIGGERS FUCK JANNIES
https:// discord gg/sSZf8aMAfk

>>30226985
Pumped lmao? :DD you buy silver so you can store a bar of precious metal in your vault. Maybe smelt it into vampire bobo killing bullets if necessary.

>>30233679
no, bought in russia, our market is different and good deals are there to snag
we are a poor nation, no boomer stackers who siphon all the metals

I'm still in profit since I got mostly stack between 1200/oz and 1500 and silver for around 18.50. Unfortunately I made a large purchase at 1850/oz and another last week. Wish I sold at 2k/oz though and dumped into crypto

>>30234361
>no, bought in russia
lol
>our market is different
The market price of silver is the same the world over for international trade purposes.

>>30234640
what's funny about that, mutt?
last year the "international price" (кeк) dipped to 12$ in case you missed it, premiums in the US were high so you could only get it at around 18$, our premiums were much lower.
is that clear enough now, or you need an extra paragraph of explanation?