/biz/ - Business & Finance

All /biz/raelis should have some tangible, physical assets in hand. Land is good. A little silver and gold is good. Cash USD is good, in case of a bankrun / global financial system crash, people will still use cash for awhile.

It's good to get more money on the internet, but never forget what is real, anons. Just continually set a little profit aside in the realm of the real

>>52470026
Silver isn't good, chud. Fuck the hell off.

>>52469694
Hope this is a larp. America only started using real fiat in 1971, when the gold standard was ended. Before that every paper dollar was in theory backed by gold. Before ww1, you could exchange your paper money for gold in every major country in europe, or you would just use gold / silver coins directly.
i think i know a bit more about silver than you. Silver is actually the best metal for transporting electricity. Better than gold or copper. The reason we use copper for most cables is its cheaper and less rare. The reason we use gold in electronics is it does not react with oxygen as silver does.
Dont have any silver, i dont think there will be much price action. And yes, i know about the comex.
However, silver is far from worthless.

>>52469694
Silver ends the Fed, and you're a faggot

>>52469694
Thanks, Rabbi

I mostly agree with you but even if /pmg/ is full of schizos I think everyone should hold some physical gold and silver in an emergency, but in this environment buying some metal etfs is probably a good idea too. No more than 10% though unless you're speculating.

That last point though is why I think /pmg/ and /setf/ shills are the dumbest fucking group on this board right now. No sense of how it's trading, no sense of what factors are at play, just HURR COMEX AND JEWS. I got called a kike when trying to explain a bullish outlook on metals. Because when there is a market downturn, generally people rush to sell EVERYTHING explaining the poor performance. But eventually reality kicks in metals will set a new ath. Got called a jew. Total fucking retards

>>52470546
Thanks for the info rabbi

>>52469694
Thanks Mr. Shekelburg, but I’ll keep my hard money

>>52470510
>>52470594
Crazy how the shills are out in force.
God (notice how I spelled it out) provided us Silver and Gold to use as money. Everything else is Jewish lies built on their word games and spellweaving.

>>52470594
>>52470675
Meds. Why do schizos fear responsible portfolio management so much?

>>52470026
>>52470675
It's okay to participate in their games in order to get ahead and provide for yourself and your family. In fact it's pretty much necessary in todays world.
But again, like I said above, remember what is real, and what is woven out of thin air by legal tricks and empty words.

>>52470693
I have a 401k, IRA, downpayment for a mortgage saved up in cash, a hardware wallet that gets funds trickled into, and I have a pile of gold, silver and platinum.
You're the one saying to ignore a historically significant asset class, shill.

>>52470722
Can you copy and paste where I said that

>>52469694
>Silver has NEVER been a form of actual currency
That's a blatant lie

>>52471306
I think I understand how he meant it. The silver was never worth a dollar, it was just the metal used to make the coin = fiat = promise of value

>>52471306
No it isn't. You can find some collector's tokens like that but it doesn't really count in spirit.

>>52469694
i like it..simple as.

>>52471240
sure after you point out where I
>>52470693
>fear responsible portfolio management so much?

>>52471406
Oh I'm sorry friend I mean where I told people not to buy metals. Here's the original post
>>52470546

>>52471439
a little frenly fire happens sometimes

>>52471306
How much is a 1935 $1 face value silver dollar worth today? about $40
How much is a 1935 $1 face value gold dollar worth today? about $400

GET REKT SILVER BUGS

A Silver coin is a fiat coin just like a Copper coin is a fiat coin.

We didn't ask the Mayas, Aztecs and Incas to hand over their silver.

>>52471530
This makes no sense. You don't understand what the term fiat means.

Fiat means backed by thoughts and prayers. Silver is backed by the process of mining 300 tons to excavate and refine 1 oz. Its backed by the energy it took to mine it.

>>52470026
50% crypto
50% cash
Real estate is to live in. Not to make a jewish business over. Fuck your trash metals and fuck trash stocks.

>>52472315
He's using the definition of fiat. You're retarded.

>>52469694
>Silver has NEVER been a form of actual currency
This is instantly disproven and is obviously a lie. I have a sack of quarters made of silver from the bygone ancient era of the 1960s. Is there even anyone still alive today from that time period?

Thread discarded

>>52469694
Well played sir

>>52471363
It's totally bullshit. Real American money was made with actual real silver in recent history you fucking mong. This isn't up for debate.

>>52472506
>>52471363

When I was a kid, casinos still had the 40% kennedy mixed into their chips. My grandfather would set those aside for me. tfw no idea where they are now
This lie has only really been going since 1964, but it's been a slowly revealed trick. Your parents grew up with silver money still floating around normally, mixed with copper coins. The trick was to slowly convince people silver was worthless. The fact that those coins that most people, barring a few wise stackers, ignored for 20 years, are now worth 20x their value is exactly how much your dollar has declined in that amount of time. 5% of it's value remains since they started their trick, butt spread over ~60 years, that loss isn't felt so hard, other problems that the news tells you about feel more pressing.
The boomers were the ones who sold us into the slavery.
Gen X was cynical enough but too comfortable being first class edgy to do anything
Millenials and Gen Z are getting fucked and when they come into power it's going to be scorched earth no holds barred

>>52472506
It's not bullshit. You're just retarded. And probably a pedophile too based on your typing style.

>>52471498
Face value is not the same as melt value dummy. They are still minting $1 face value gold coins today.

Ever heard of electric cars? Solar energy

>>52472506
t. pedo

>>52469694
>Throughout history, Silver has NEVER been a form of actual currency
bullish

This anon has clearly demonstrated why computers(and all the silver lying there within) ought to be LUXURY products, and not available to ooga booga types such as himself.

>>52471498
I can buy these for 20 euros from the post office. They're .900 silver. :3

>>52472462
No, but I was alive when these were minted. Obviously there was still silver in circulation in the US as well, in the form of old coins.

>>52474452
I forgot to say, those hercule coins are also .900 silver. But in the 1960's they also had these semeuse .835 coins (later on those became nickel alloy, just as in the US).

>>52471363
>collector's tokens
That is treasury minted coinage. Not collectors bullshit.

>>52474167
lol

While I'm at it, might as well post this handy guide.

>>52469694
Didn't read not selling

>>52469694
>Throughout history, Silver has NEVER been a form of actual currency

>>52474452
Yooo I have one of those coins, one of my favorite desu

>>52474452
>>52475440
Mine is 1890 something though and only 5 francs

>>52474502
Sounds like collector's bullshit to me, retard.

>>52475476
Yeah that's normal. The older coins have a smaller face value, even if silver content is (almost) the same >>52474865
After all, there was some inflation during that period.

how high will they go

>>52469694
You just convinced me to liquidate all my silver and go all in on FTX.

>>52471559
We stole it just like we stole the gold, you stupid pikey

>>52469694