/biz/ - Business & Finance

because shiny rocks will never again have the use case metalfags pretend they will

if you don't currently have any exposure to gold/silver, then it's a no brainer, you should have at least 5-10% of your assets there. if you already have an allocation, then maybe wait and see, there could be some short term pressure.

>>30244931

Crypto isn’t going to do immediately better in the near future but what are your real plans for that? Hold it for a couple years and then go sell it to a coin shop for half of what you paid? Lol

I just got my shipment in today after waiting two weeks
feels good man

>>30245140

Silver has a 25% premium at minimum, and shops are not likely to even pay full spot price later, which unless you’re willing to hold for a couple of centuries isn’t likely to move more than a couple of dollars relative

>>30245177
>in transit

>>30245223
it's a retirement plan, not a shitcoin to flip

>>30245223

On the other hand, it’s kind of shiny to look at and you can pretend you didn’t get dumped on immediately by inventing a bunch of schizophrenic copes or hank hill posting

>>30245291

Your retirement plan is to lose 25% every time you throw in so you can retire in mad max?

>>30244931
Wait til the price drops.

>>30245177
20 eagles and 25 leafs in the tubes btw
>>30245237
comfy

>>30244931
You should pull the trigger
What are you buying?

>>30245291

In the scenario described what happens when you just get murdered by a pack of niggers when you offer to chip off some silver to pay for nigger services? Lmao

>>30245177
That's a meaty order chief

>>30245435

Come to think of it Jordan’s would probably still be a better mad max investment than metals

>>30245498

Assuming silver continues it’s two century long trajectory you would lose less money stuffing paper in your mattress but it wouldn’t be shiny

>>30245435
You buy a gun before the earth collapses retard

>>30245397
>What are you buying?
20oz of silver

>>30245597

Precious metals are literally a kike hoax lmao that’s why everyone trying to sell you gold on tv is a shylock

>>30245435
plus, I'm not even betting on the world collapsing to mad max retard, I'm betting on inflation

>>30244931
Shoulda bought litecoin stocks. It's the silver to bitcoins gold. Didn't you hear?

>>30245474
hedged my crypto at the very top, feels so fucking good to time the market, more in the mail too

>>30245748

See, you’re already internalizing a bunch of retarded copes to justify shaving off 25% on premiums to have a shiny rock a Jew on Fox News tells you is going to make you rich goyim

>>30245812

You realize that you incurred the exact same loss buying those coins on premiums as you would have if you had held bitcoin and are down 25% if you’d have held fiat right? Lmao

1 gold = 1 gold tho I guess lmao

>>30245288
I think diehard metal hoarding is a psychological response to the trauma of all the market bullshit of this century, rather than participating in an obviously rigged game they can retreat to a fantasy where their wealth is eternally preserved and in fact will grow exponentially if the catastrophe they fear comes to pass. It is the perfect cope

>>30245698
Yes but coins or bars and what size and country?
>>30245812
I managed to do the same but it was purely luck that I put an order in when everything was at ATH

>>30245987

I’m too poor for it but I can see the appeal of having shiny rocks as a way of showing you have enough wealth to burn 25% of it for literally no reason

>>30245864
>>30245941
why would anyone be mad that people are buying rocks? if they don't have any value literally why are you angry? I feel comfy playing with literal treasure, you, however, nometal, have high blood pressure and are developing diabetes as we speak. but why?

>>30245177
great. you doing the right thing and will gmi!

>>30246064

Anon, why actually is gold cooler than straight up magnets?

>>30244931
Look at what it did to Greg the schizo

>>30246153

I guarantee I could’ve traded more furs for magnets to injuns than gold

>>30246153
Honest question- have you ever held a piece of gold or silver?

>>30244931
buy btc instead, I turned all my silver into btc around $9000, best decision I've ever made
Re-ordered my stack back at a pittance, and got a decent btc stack.
Buy silver during btc bear market

>>30244931
If you're a bad enough dude to smash your own dick with a hammer, buy silver. If not, get the fuck out. Us /pmg/ warriors would die for metal.
https://www.youtube.com/watch?v=QR4LVy72uzQ

>>30246121
because most of the conversation about metals online is driven by literal paid shills preying on anxious people and stealing their money, which ranks them among the most evil people in finance and they should be called faggots at every opportunity

If silver was a hedge against the coming darkness it wouldn't have crashed with the rest of it. You're just grabbing a different part of a sinking ship

>>30246231

It’s like investing in a watch. It’s going to retain at least a plurality of its value and it looks nice but you don’t really want people to know you have it

>>30246306

Don’t bring a Rolex to coontown and don’t bring a bunch of gold coins to mad max chief

If you want to invest ride the wave of legacy finance shifting to blockchain, if you want to buy shiny rocks in expectation you can trade it for pussy when society breaks down, I mean, go ahead

>>30246231

Honest question, have you ever held a holographic charizard?

>>30246306
>>30246363
>>30246464
>>30246551
Jesus christ you are absolutely fucking autistic
Nigger tongue my anus

>>30244931
I bought 60oz last week, just think of it as diversifying your portfolio with something reliable

>>30246305
the stock market tracks the price of paper silver which is completely disconnected from the supply and demand chains of physical silver, particularly refined investment grade silver. $SLV is literally more bogus of a scam than USD

DIVERSIFY. Buy crypto and silver.

>>30244931
Pay a little more for britannias on monument or something. Those scottsdales will take forever.

>>30247030
50% crypto
25% Physical Silver
25% PSLV

>>30246288
>>historic levels of buying of silver
>>historic increase in money supply
>>its only weak people getting their money stolen!
K even if you were slightly correct not only are they not losing their money but the surge of demand of a high priced object is out of the spending range of weak anxious people.

People have money to burn and they arnt getting manipulated they are leaving a broken system as a sign of protest.

If enough of us protest we might just accomplish something that matters for once.