/biz/ - Business & Finance

>>53784122
"productive debate" when it comes to maxis is impossible, it devolves into shitflinging monkeys if it doesn't start that way outright

I think you'd be hard-pressed to find someone all in on stocks or all in on precious metals. Stocks are too uncertain and precious metals are illiquid by comparison. Anyone who is all-in on crypto should just buy a casket for the inevitable day when they reason that all crypto is bullshit

>>53784170
Oh so you are team diversity then aren’t ya? Your logic is “oh if you want to protect your nest egg you gotta diveeeeerrssiify! Put tiny amounts of money in a portfolio of 100 different investments so that when your one out of 100 chance to moon happens you make a couple hundred bucks” lol

>>53784122
Stock prices are driven largely by non-US investors, easy liquidity, and passive investors like pension funds. They are expensive all over the world compared even to their own past valuations, let alone compared to earnings. That, and mass retirements will beget structural outflows from the stock market.
Cash is not a good long-term bet, but anything that's like cash AND can't be printed serves as insurance.

>>53784122
I’d consider myself as someone who prefers PMs above the rest, if only for the reasoning of locking in gains from other assets. It’s something I never plan to sell and a way to pass down wealth generated in my lifetime to my family without the burden of the estate tax. You could also argue that you pay that upfront in the form of a premium, but should they rise over time, it sort of becomes a irrelevant. There’s also the case of what’s an easier hold during what kind of economic cycle we’re in. Right now holding onto boomer dividend stocks seems like the most logical thing while the economy unfucks itself. Crypto should literally only be used for gambling purposes and thinking your shitcoin is going to be the one is finding a needle in a haystack.

>>53784303
I feel like everyone in the precious metals crowd is always so “reeee the fed destroyed our money by making it not backed by gold!” And shit. Then they make boomer posts like “7 attributes of moooney” and how ONLY silver/gold have all 7. Money/value is hugely psychologically subjective. For me for example. Tesla stock is WAYYYY the fuck more valuble than gold. Want to hold the Tesla stock in your hand like it’s gold? Get a paper stock version of it lol. Being a partial shareholder of the AI revolution of the future is going to make you rich. If you keep buying gold from here on till the revolution, crash, ww3 or whatever your just gonna come out the other side a poor fuck who owns a few ounces of gold lol. While those who bought Tesla stonks thru all the hardship will come out making it or billionaire class. Somebody else wouldn’t pay 5 cents for a share of tesla. MOST people wouldn’t pay jack shit for gold or crypto because… they just wouldn’t pay their hard earned bux for shiny rock, but that’s not to say they are retarded any idiot is gonna grab a big bar of gold and keep it, hide it, sell it if it’s magically just sitting there. It’s just they’d never pay for it so for most people it’s just a shiny rock. Same goes for any other investment. Value is subjective and fluid like gender lol.

>>53784385
I can see your zoomer perm through the screen, "no cap".

>>53784385
The hardcore SETF types aren’t exactly wrong. Fiat did in fact debase our monetary system. But having some knowledge of that isn’t a bad thing. Holding purely for some dystopian future is literal retardation, but to discount their power as a gradual means of locking in money made is also retardation. If you believe in TSLA as a company that much then by all means hold a paper stock of it forever. But I don’t think anyone realistically buys it for the sentiment of owning a slice of Elon’s pie. They just want line to go up and get rid of it before line go down.

>>53784122

>You can’t MAKE money buying precious metals.

Huh? 1970-1980. 2000-2011. PMs and commodities are just fine at the right times. It moves in long cycles. I'm not taking a position on if now is a good time I'm just saying there are absolutely periods where you can gain with them even after adjusting for inflation, and doubly so if you have some form of leverage.

Crypto appears to move with growth and 'fin-tech' stocks. Not really correlated with gold, oil, commodities, or real rates. The risk reward is pretty shit compared to levered index funds, because markets have implicit backstopping by governments to suppress volatility. Most of the crypto kiddies would have saved themselves an awful lot of stress by just longing TQQQ for example, and buying the shit out of dips.

Basically what I'm saying is there's a season for everything. Get the inflation call right first then go from there.

>>53784513
Oh I’ll buy it when line goes up. I’ll buy it when line goes down. I wanna be one of the biggest shareholders! I’m gonna make it. Fuck diversifying portfolio.

>>53784558
There were a few tiny pinpoint explosive episodes in price. Silver like SOARED in 1980. And if you were a silver hoarder at that time things were looking good. But most of them probably hodl’d it and it tanked back down to a few bucks an ounce. Then there was the 2008 crash where platinum soared higher in price than gold for a pinpoint moment. These weird things happen at times. But most precious metals bugs are just keeping their shit in a safe for decades hoping not to get robbed and never selling those 2 or 3 pinpoint moments where the price of the metal explodes. They love their metal more than it mooning. They just want to hodl it

>>53784824
my plan is to trade my silver for gold when the world smartens up with the gold:silver ratio and then trade it back to silver again if we don’t kill all the jews and they get their grubby claws back into our financial systems. seems like the easy solution is to just permanently make sure they never bother us again

>>53784870
I guess that’s the main reason to get tons of silver. So that when silver:gold ratio gets more realistic like it was most of human history you can get gold cheap for your silver. But many say this will never happen. That silver:gold ratio is always gonna be floating around from 40 to 80 forever. Also… the consumption of silver is growing as we move into the next industrial revolution. Don’t be fooled into thinking EV’s won’t dominate the roads shortly. And full autonomous vehicles on top of that. Also solar power is going to explode and if not all this, just the need for silver for all the new tech coming even without being a fucking tree hugger whose trying to save the planet silver consumption is gonna moon. EV’s use a lot more silver than gas cars. EV battery production is horrible for the environment. I don’t give a fuck about the environment but I can see that this is our future, EV autonomous vehicles. I think that people holding a lot of silver could potentially see it being worth more than gold someday once demand for solar and EV reaches critical mass.

>>53784937
you live in a city and you will be eaten by niggers when the trucks stop delivering food.

>>53784937
This is another scenario people gloss over: the silver/gold ratio and the future demand for silver as a necessary component. Maybe phones aren’t the best example, but people are shelling out thousands for a brand new goyphone without even blinking, and to think they won’t do the same for EVs, solar panels or some other “muh planet” shit is pretty short sighted. Basically, and you can pick your own reason, but there’s definitely a place for PMs in everyone’s holdings.

>>53785032
the specific reason I stack is so there is less silver for those types of humanity enslaving globohomo devices.