/biz/ - Business & Finance

>>53773285
is he OK ?

>>53773306
hes just cooling off

>>53773285
I’m only making money off ai meme coins right now
Now I’m buying jannybonk because I’m retarded
>>53773306
He’s a foxicle

>>53773285
PM's have no value because you can't verify they are even real. There is no way to verify a gold bar sealed in plastic with a nice credit suise logo is even real. i could have just bought the machine that seals it in plastic and printed off the nice logo and stuck a spray painted chunk of tungsten in there. what are you going to do? open it? lol. if you do you run the risk of devaluing your own gold, if in fact it is fake you would be better off leaving it in there and trying to dump it on someone else.

>>53773394
idk how it is in ur area but selling fake gold where i am means men in masks breaking into ur house and removing fingers lol

>gold prices are one of the most available data in history
>globally known by all classes for being an inflation hedge
>has anyone made money?

>>53773394
you are so fucking retarded it's insane
>>53773285
gold is not for making money unless you're going for volatility plays like how it shot up when russia invaded ukraine. there are far better investments solely for getting your money up though.

>>53773306
Foxes discovered cryogenics long before humans. He's going to be living it up in VR in the year 2090.

>>53773285
The purpose of gold isn't to make money, it's to preserve wealth and act as a hedge to fiat.

>>53773394
>There is no way to verify a gold bar sealed in plastic with a nice credit suise logo is even real
Yes there is - XRF machine.

If you are buying physical, then buy bullion sovereigns, Britannias, eagles, krugs, etc. They're easy to test at home, and doesn't impact value if you handle them, as they're bullion only.

>>53773285
its not meant to make money, its only meant to protect you from inflation

even if the value goes up in nominal terms, its not that you "made money", you protected your purchasing power from a depreciating currency

>>53773436
lol. be butt hurt. go ahead and open it. it's a 50% chance it's real.

you buy it from someone.
you get curious and open it.
you scratch it to reveal the paint coating.
you now have a worthless rock.

shouldn't have opened it.

>>53773394
I know this is a meme reply, but gold has special properties among other metals, and does not tarnish. You can take it out of the plastic and test it and it won’t change the value or anything.

>>53773439
>XRF machine
99% of people don't have one.

>>53773456
you sound like a mongoloid that bought a gold bar off of ali express. gold can be frequency and specific-gravity tested through the plastic on many machines specifically designed for that. even still, opening the plastic would devalue it about 5%. not to mention that most gold fakes visibly do not even look like real gold.

>>53773473
>There is no way to
>There is though
>Yeah, but its an expensive way so it doesn't count!
>Give details on coins you can buy than can easily be tested at home

lol, lmao

>>53773465
that's true to some extent. but you can only sell it again to big companies that have the tech to verify it's real. you will never again sell that bar to a private individual. that means you eat the loss because the big companies aren't going to give you market value for it.

>>53773285
Yeah I thought the same when I was a newfag.
You will learn eventually.

>>53773500
>you can only sell it again to big companies that have the tech to verify it's real. you will never again sell that bar to a private individual
you have no idea what you are talking about. commit suicide

>>53773493
> not to mention that most gold fakes visibly do not even look like real gold.

This lol

Gold is a very dense metal, so the dimensions are going to be the same for its weight.

E.g 1 oz gold bar wont have the same dimensions as 1 oz iron or bronze or copper because of the physical properties of gold

So its actually very easy to spot fake gold because the fake bars will look too big for its advertised weight

>>53773520
do it then. test out what i'm saying. go open up one of those packages and then try to sell that gold bar to someone. they will laugh at you. "why would i buy your bar when i could get one in a package from credit suise?" lol good luck.

>>53773439
>Foxes discovered cryogenics long before humans
i get it. that s why people say foxes are smart. thx for teaching me. i m not a biologist

>>53773567
>I give the very clearly real credit suisse bar to my local bullion dealer
>he puts it on his sigma metalytics scale just to be sure
>*ding*
>he offers me spot for it right there
are you too poor for a real ounce of gold or something? is this all a cope?

>>53773285
top buy
can’t wait to get my welfare on the 1st to get more

>>53773567
imagine tripling and quadrupling down on some complete bullshit you made up in your head

>>53773567
>my local bullion dealer
nope. not what i said. try to sell it to a PRIVATE INDIVIDUAL. not a company. not a gold buying business. a single individual person.

try again.

>>53773634
Why do you need to sell to a private individual when there are bullion dealers all over the place?

Why do you keep moving goalposts? Just close the thread and go take a nap

>>53773634
You keep bringing up bars, when most private buyers are going to be buying coins that are easy to test for and they're familiar with. People will still buy bars though, i.e. active marketplace here for UK/EU Chuds: https://www.thesilverforum.com/

I made money by the fact that I have a stable form of money that has been used as currency for thousands of years, looks neat, and that I will hold to pass on to my family. At least I would have, but it was all lost in a terrible boating accident.

>>53773634
>buy a vial of nitric acid and a black rock
>test the gold in a few seconds
>test the density with a vial of water
>take the coin and ping it and test the frequency with an app
lol

>>53773692
>At least I would have, but it was all lost in a terrible boating accident.

>Thinking that the tax man isn't asking for records from bullion dealers.
The only way to get around that would be to sell private, but then the bank are going to ask questions if you put it in there, so would need to be cash or crypto.

>>53773285
Kek, I didn't know they took him out of the ice

>it feels like you could just gamble on shitcoins and make more money
This is jeetspeak for "please buy my shitcoin"
It's posted in every thread except shitcoin threads.

>>53773377
checked
just buy janny bonk and retire
simple ass

>>53773798
Excellent weather this time of year in New Delhi.

>>53773736
sure they can ask the bullion dealers, but like I said the gold is sitting at the bottom of the ocean. please stop reminding me of it.

>>53773394
>he thinks you can’t take it out of the plastic

>>53773285
Hello anon. You see, the thing with gold is you can see almost guaranteed price appreciation in the long run. Given this, you can leverage yourself to the tits and infinitely make it in a way that’s safer than shitcoins

>>53773876
>he thinks he can "seal it in plastic and print off the nice logo and stick a spray painted chunk of tungsten in there" and we are powerless to confirm its authenticity

>>53773876
>he has never seen real 24k gold
If you have any experience with it, it’s easy to tell fakes apart

>>53773394
incoming walls of cope from /pmg/ fags
the only way is to cut it open and pic related is what happens.
in order to buy PMs you must trust jews... and we all know how that will go

>>53773940
No it's not, as stated by multiple people in this thread. Retard nigger.

>>53773940
Kek
>t. Retard who doesn’t understand how the real world works
Go back to your digital nonsense

>>53773957
>XRF machine
>yeah bro just buy a $10k-$20k machine to test your metals
nobody is buying those bags

>>53773940
>JIDF doing overtime.

How does it feel knowing your brainwashing will not work on autists?

>>53773692
You will then trade the gold for a few meals to the local gun wielding bakery house run by spics.
All the gold gone, no way to replace it now lmao
Invest in guns and ammo not social constructs like 'valuable' rocks.

>>53773961
why would any normalfag buy gold when they will most likely get jewed?
the only way to make it with PMs is to trade at large volumes
>just hodl for 40 years bro
you guys have a containment thread for a reason

>>53774005
ahh jeez duudee.. I don't know.. I got this silver dime from my grandfather, it's all I have duude.. I lost my shoe

>>53773991
cope

>>53773985
One of many methods. It's really not hard to test gold. You must be a zoomer, or just don't want people to buy gold (oy vey).

>>53774036
People don't buy gold to "make it".

>>53774095
no, i dont want to buy gold, if you want to give your money to jews for minimal gains thats on you
however you should stop saying PMs are something theyre not.
nobody is gonna buy those bags

>>53773306
Yes. Foxes like to submerge themselves in water and freeze into a block. They do it all the time.
Leave him alone.

>>53774101
cool id rather use my money to make more instead of buying shiny rocks

>>53773583

>>53774041
>bam bam
>another white boy dead hombre
>lol

>>53773940
a fake like that is easy to identify due to either the weight or dimensions being off, hence why it wascutin the first place.

>>53773394
Its a precious metal not a baseball card.
Value is based on weight and purity is it not?

>>53774231
>killing someone over a .07oz of silver
wow it must be more valuable than I thought

>>53774176
You Just Know

>>53773583
Based christmas cake, at 1000+ is when she settles for a virgin nice guy.

>>53773285
I'd rather keep investing in privacy and AI tokens.

>>53774153
That's why you have a diversified portfolio, which includes a small percentage of gold, you silly bitch.

Gold is for when the dollar hyperinflates, better to buy it now rather than wait until the inevitable happens and it's worth $1000000000 per oz overnight

>>53777172
ok and then what?

change to fiat for 1,000,000,000 per oz?

>>53773940
If you are that squeamish about fake bars just buy it in coins. Modern national bullion coins have a fuck ton of security features.

>>53774101
Yo!!, why the hell y'all use gold for jewelry when it ain't makin' bank? Are you tryna flex on the poors or just want some shiny decor? If not, then what the actual fuck is the point? Nowadays, most institutions prefer BTC and other alts like MATIC over gold as payment. Even S.Korea's getting into metaverse and Audi's partnered with Holoride for in-car entertainment via a retrofit plugin. Porsche's even jumpin' on the NFT train. The options are endless, boy.

>>53773285
gold itself hasn't. gold MINERS can do massive moonshots like +20,000%

>>53773322
>>53773377
>>53773500
>>53773522
>>53773633
>>53773911
>>53777544

>>53773940
Wow, I'm never buying gold...imagine spending all your money to get a piece of shit like picrel. Nobody will help you. You essentially lost all your money in a scam. The cops will just laugh at your face. Anyone can put a "seal of guarantee" in anything, kek

>>53777482
What a retarded MATIC shill, please just kys self you low iq niggot fagger

>>53773285
He's just chillin

>>53773456
only retards buy gold in assay cards. imagine wanting to buy physical gold you can't even touch.

>>53777662
well to be fair, gold just feels like any other metal to touch

>>53773306
Yea, this is just how you make an organic sex doll

>>53777672
not if you pay attention, gold/silver have thermal properties that you can feel. the whole bar will warm up pretty fast from your body heat. you can also set an ice cube on it and it will melt faster than another material.

>>53774438
the problem with precious metals is that you have to verify authenticity for every transaction, or you have to trust the other party (and trusting them gives them a massive incentive to screw you). In theory just verifying authenticity at each transaction shouldn't be a problem if you're buying/selling with businesses who have the capability to do this, but there's always a surcharge for doing so. Because of this, you eat the cost on purchase and on sale and lose ~20% of your investment just in fees.

>>53777701
Wait, your gold melts if you put ice on it? Shit. How do even solidify it afterwards? More ice will just melt it even further

I got 2 words for you guys mouse-worm. Everyone wants the next shiba or doge. But those are simply 1 thing. Mouse worm is 2 things. TWO THINGS. Both mouse and worm.

>>53773285
Holding gold as part of a diversified portfolio is something people who are already rich do. It doesn't make you rich.

>>53773911
Shitcoins never had any juice Chad, they are way too much of a gamble. I would rather go in on alts with utility like Ar, Sylo and Flux in the web3 sector.

>>53773285
Would you eat it, anon?

>>53773285
it made anyone money who bought it before say 2005 or so

>>53773285
Gold was the investment vehicle for the greatest generation (people born in 1900-1920s)
During that time, gold became the preferred investment

Gold can go up but it will underperform relative to stocks
And stocks will underperform relative to crypto

Each generation has a preferred investment vehicle
Baby boomers was stocks and mutual funds

>>53773285
It's a shiny boomer rock. Relic of the past. At one time it was kind of like Bitcoin to old farts.

>>53773940
Buy gold eagles and buffaloes. Faking one of those is no longer fraud, it is counterfeiting. The Secret Service will become involved. So it is not done.

>>53776194
AI is definitely huge anon but I have also spotted based utility in the metaverse, in a platform that uses VR tech to bridge XR contents to backseat passengers for entertainment

>>53777672
spin it, ping it, feel the weight, enjoy the beauty of a metal created during the birth of a neutron star.