/biz/ - Business & Finance

WAGMI

>>49776115
Reminder to zoom out.

>>49776115

what are the best books for learning how to invest in mining/resource stocks?

>>49776173
if you zoom out to 1200AD gold is historically cheap and poised to skyrocket, and crypto is an incorrectly-aliased pixel added to the chart by JPG compression.

>>49776238

>>49776235
i wouldn't. i'd just put money with EPGIX. look up adrian day on youtube, he's the portfolio manager and already knows everything. my money's with him, he's the best at that.
in fact that's why peter schiff hired him hahah

rolling for bitcoin under $17k when stonk market opens Tuesday morning

>>49776319
Thinking about these dumb hot bitches crying over losing their savings is makin me hard.

>>49776235
Please don't invest in mining stocks

>>49776455
kek

>>49776736
How deluded are you BTC will be worth $500k by EOY, my models predict so.

Someone was saying gas and oil crashing signals a recession, any rundown on that? How should we be investing, into energy expecting them to pump back up or is it PM time?

I invested 3% of all i have on shitcoin
How do I put this all in gold? Do I have to buy actual gold? All 250g that costs more than my house? Or is it good enough to buy some gold based ETF or something like Aura Minerals?
Why not buy silver instead?

Peter schiff was right. Also I won't party till all of our miners 50x.

>>49777047
and my models say climate change is going to destroy beachfront property in less than a decade but both are bullshit

>>49777121
PMs.

>>49777617
You are familiar with the phrase not your keys not your crypto well the same applies to gold. If you don't hold it you don't own it.
By all means put some money in miners, junior minors if you like risk, but a percentage should always be in physical assets.
Silver is more volatile but has more upside potential. Its a smaller market and central banks don't hold it. When it finally takes off its going but gold and silver are connected so you will see a similar increase in both.

>>49776235
1. Most junior miners are scams
2. See the above point
3. don't invest in junior miners

>>49777121
After the initial crash, I'm thinking OFS. Declines in overall demand only happen during the initial year and exponential growth in the Permian is over as well as OPEC seems to be maxxing out. Probably try to seek out long-term assets with long duration.

Just checked out /pmg/ for the first time in a while. Shit as usual since the split but there's this get at least >>49777777

kek

>>49776115

>>49778317
/biz/ is now permanently a metals board and not a crypto board

>>49778488
He's always bearish on bitcoin. His confirmation bias is obvious but that pic just cherry picks tweets.

>>49778317
Dedicated silver thread right now
>>49778540
>>49778540
>>49778540

>>49778672
If the economy is petering out wouldn't industrial demand for silver decrease substantially?

Juneteenth weekend just keeps getting better and better
>Bitcoin crashing
>Brandon crashing

>>49777617
I bought mostly pre-33 gold from Liberty coin on ebay. With a cashback card + ebay bucks promos it was the best deal I could find

>>49776319
Tuesday morning? whats on Monday?

>>49778822
why does Biden's body and facial skin look younger now than in 2008?

Check the sticky 's fp

>>49778822
Ridin with Biden would have been a funnier tagline

>>49779990
Juneteenth holiday, Burger stonk market closed

Shitcoin general for all the crypto cucks.

>>49780521
>>49780521
>>49780521

I can't find gold to buy in my country. Physical gold is only being sold a whole bars which is expensive as fuck.
Is buying gold who stays in some company's custody and I have a title saying i own some grams enough? This is more affordable

Based schiff
Beat the shit out of em

>>49780992

>We have your gold safe in our vault even though no one has ever seen it and we most certainly haven't sold more paper gold than it's in existence.
>We promise :^)

There's a good reason people buy physical.

>>49780992
better that nothing, but I would prefer mining ETF or shares to that. And I would prefer physical to those.

>>49781337
Is there a preferred ETF or are they all more or less the same?
>>49781264
I mean, isn't that what we do with stocks anyway?

>>49781419
Stocks is a bit different, because people have the right to demand their paper gold gets sent to them.
Most people already suspect that their paper gold doesn't even exist, because there's way more paper gold sold than there's real gold out there.
So if at any point there's a run on the stored gold for any reason, it's going to be massive as everyone tries to be the first one to get their gold out.
It's a recipe for disaster when things get uncertain so I'd be very careful buying paper gold.

>>49780992
Ideally you really want physical, if shit hits the fan all bets are off.
But if you're going to do this it has to be with a private party, not a bank.
Has to be allocated, legally owned by you, it should not be on their balance sheet and you'd just be paying them for storage.

Is there no webshop that ships to you?

>>49781711
Probably, but that makes it far more expensive.
What's wrong with keeping gold in the bank? Isn't it safer than paying some extra company for storage and slowly chipping off my capital?

>>49781799
Higher risk of confiscation, which is much more likely to happen during exactly the situation you're trying to hedge against.

>buying the top
Y'all crazy
In a few years y'all's gold and silver will be worth at most 80% of its current price
If you wanna precious metal by platinum instead. It's the only one not currently inflated

>>49781419
I think its GLD, GLD something and GLDJ is junior miners. Those are the main ones.
PSLV for silver, NOT SLV that's a scam

>Uranium always dip mid-month
Fuck me I can't even buy the dip but funny how people losing it

>>49782032
Why is it a scam?

>>49781893
Why would gold or silver be down 20% in an inflationary environment? You sound alike a fucking retard, my dude.

>>49782746
Inflation don't last forever my dude. This current price is artificial. As soon as it's controlled the price will crash and burn.
Just look at the graph for gold. Price tanked quick after '08
Don't buy the top!

>>49780041
Because they aerosolized a baby’s pituitary gland and hosed him down

Bump for the fast catalog day.
Going for a run in the sun. Wonder how low BTC will be when I get back kek. Stay healthy /cmmg/ bros

>>49781419
>>49782032
the miners ETF is GDX.

>>49781419
Physical bullions at your home > bullions in custody > bullion ETFs > miners ETFs > miner stocks

>>49777617
250g of gold is roughly $15k USD, so I don't know what kind of house you're living in if that's more than your house is worth. I wouldn't buy gold ETFs, because that isn't real gold, its digits on a screen. I would buy physical gold, coins and bars, and stick to the best weight:price ratio, meaning nothing under 1oz and nothing with a numismatic premium added.

Do you guys actually recommend me to watch those videos, or is he just a meme?