/biz/ - Business & Finance

Precious metals make pussy wet, crypto dries it up.
Simple as.

>>59238431
No auditable supply, industrial ressource, the more it appreciates the more profitable it is to mine more, no thank you.

Stay poor

>but your not
My not what?

>100% traceable asset
>get everyone on board
>USD fails
>traceable CBDC already in place
Enjoy being a slave crypto cucks, the future belongs to precious metals Chads.

>>59238431
They are doing everything in their power to corral the sheep into crypto and away from PMs. They raised the margin requirements for gold/silver (resulting in the spot price being manipulated lower) TWICE in one week around the time of the election. And CIA Twitter accounts are pumping crypto hard.

But mom said I can only hold ONE type of asset, it's impossible to have both.

>>59238431
I just bought one of these bad boys

>>59238844
>don't get rich buying crypto lose money like the smart kids do. Elon Musk is dumb for being rich buy gold be poor it's smart to be a broke wagie


Lmao

Fun fact ,,,,,,,in the 8 years of /pmg/ none of them have ever turned a profit

>>59238431
countries last longer than individual people. it makes sense to buy it for 50-100 years from now. but for a human with a lifespan a fraction of that...

>>59238431
Ah yes, good small % gains yearly they make leveraging 50X in EU and infinitely leveraged in USA. The true deciders of good investments. The ones stopping you from investing in Crypto often enough, which greatly outperforms their gains and reduces their liquidity. Right. Them. Alright.

>>59238906
>Put your fiat into magic internet algorithm that is even more controlled and manipulated than PMs and is nearly impossible to cash out from.
ok kike

Full disclosure I own metals and zeros and ones.

>>59238974
Yes i think i will side with Elon musk, vivek, vance and trump buying bitcoin the smartest people in the world against some broke white incels stacking dimes while praying for the end of thecworld

>>59238983
nobody really owns farmland, the state does and can steal it from you at any time with any excuse hiking property taxes is a very common tactic
oil is equally useless if its crude what are you gonna do with it, if its a distillate its a perishable
everything you think will happen in a collapse tier scenario is completely wrong

>>59239010
>laughs in second ammendment

>>59239007
>and there I was repeating everything social media told me to think

>>59239023
i'll grant you that but the anon i was replying too didnt say invest in lead which should be the first thing to do if you are a doomer

>All the Big Players are Buying Gold

>gold falls for 30 days straight

Lmao is there anyone dumber that a stacktard?

>>59239047
You can turn silver into bullets. You also didn't refute any of the points.

>>59239047
>didnt say invest in lead
For anyone who truly values personal freedom it goes unsead. We're talking PMs vs arbitrary numbers on a screen here. PMs and lead/copper/brass go hand in hand. Numbers on a screen go hand in hand w/ a USB charged dildo because you fuck yourself either way. I only own the former.

>>59239064
Based.
>>59239051
It's because fools like you are cashing paper gold for BTC. Meanwhile the wiser investors are buying only physical assets.>>59239064

>>59238431
Last year 3000 tons of gold was mined in 2023. That's 100 million oz of gold mined in JUST ONE YEAR.

At the end of the day gold really isn't that rare.

>>59238974
>Put your fiat into magic ground sparklies
I've got my stop losses set. I've doubled my money already. I would be eating big fees in both directions on gold.
I'm hoping to use my profits towards a house for my family next year, not 50 years from now.
I don't side with anyone.

>>59239093
Good luck trying to cash out normie.

>>59239077
Yes i do like to make 12,000% more than the retards who buy boomer rocks. Lmao

>>59239113
It's an exchange, in my country, and I've held longer than a year so my captial gains tax is halved. I've cashed out before without issue and I'll be out before others because I've got a lower risk at this profit level. You're pitching the safest most normalfags thing outside the S&P, you deserve your shitty rest to return.

>>59239131
>captial gains tax is halved
Lol you have to pay taxes? If I wanted to sell 1toz of gold for cash why would I report it? Crypto is for cucks.
>>59239116
>muh gains
Post portfolio then and prove to me you've made millions while I'm poor by stacking hard assets... I'll wait around.

>>59239131
I'm sure your ancestors would be very proud of you siding with the enemy >>59238983

>>59238565
Slavemind.

>>59238844
>btc is facilitating mutually beneficial cellular cooperation on a global scale
>this is bearish
Dull.

>>59239140
You are stacking garbage, lmao you are a poor. Stacker=wagie

>>59239242
Thats right crypto cuck, obey your masters.

>>59238454
When I pull out my 120 year old sterling spoon collection no woman can resist. They instantly undress and demand I inseminate them after they gaze upon my hoard of antique silver utensils.

>>59238909
>implying /pmg/ isn't full of coin dealers who set their own spread

>>59239327
So when pmg says they are stacking, what they mean is they are stacking huge premiums from cucks that buy silver?

>>59239363
We measure our wealth in weight, not numbers on a screen that's value is purely based on being the derivative of fiat debt receipts.

>>59239363
>stacking huge premiums
No, we're not Rapemex. The profit is made on the buy.

>>59239397
These clueless crypto NPCs don't understand the USD or Federal Reserve. BTC is adding to inflation. Meanwhile when we buy gold and silver we trade that inflating fiat currency for real money that has value since the beginning of recorded human history. In addition to that, you can't makes computers, network equipment or phones without silver and gold. Crypto wouldn't exist without precious metals.
Buy hey, if they want to stay poor and own the claim to zeros and ones instead of owning a physical asset independent of the internet (but that's required for the internet to function) that's on them.

>>59239437
Wherein a poor gives financial advice

>>59238983
full disclosure I own 20 acres and ones and zeros. My life savings are locked in a smart contract somewhere in teh blockchain

>>59239494
Post portfolio. Let's see that ""wealth""

>Internet cables being cut, again
>AI advancing to the point it will crack encryption
>Three letter agencies with backdoors

The writing is on the wall.

>>59239606
You're replying to an anon who eats at McDonald's for breakfast then combs the beach for used condoms.

>>59238431
Every single online gold retailer accepts bitcoin as payment, gee I wonder why

>>59239376
Why the fuck would I want a brick of gold? Can't move it easily, can't send it easily, worthless in a SHTF scenario where you'd be better off having ammo/fuel/cigs/booze. The future is now old man.

>>59238431
I don't want your boomer rocks. get out of here retard

>>59239967
you mean converts bitcoin to cash, for a fee

>>59240029
>Why the fuck would I want a brick of gold? Can't move it easily
Weak crypto dorks don't even lift lol.

>>59238431
Stay in /pmg/

>>59240818
The problem is precious metals aren't so precious. It's a ponzi scheme, unless they recruit new sheeple the whole scam collapses, so they shill shill shill

>>59240645
>Joins the bitcoin network

Do whatever you want with your Bitcoin after receiving it, it's yours.

Thank you for joining the network, it strengthens it for all participants.

>>59240921
The silver shillers on /pol/ are worse than the jeets here, any time crypto is mentioned the same people show up posting the same shitty memes
>real money saar
>can hold in my hand saar
>crypto wallet deletions saar

>>59239023
>he thinks he can fight military drones in a fight against the state
how cute

>>59240959

>>59238431
That's the point you stupid fucking nigger I'm not a big player. I'm an anon with mid 6 figs. Big players need highly liquid investments with moderate volatility (which will take you nowhere unless you're already a millionaire at least). My shitcoins got me up more than 20x this year, if I put it in gold I'd be up maybe 30%. You are a broke boomer

>>59239140
>Lol you have to pay taxes?
Oh no ho won't make 12000% more, akkchshualy it will only be like 9000% more. OWNED

>>59240942
>Joins the bitcoin network
Ha, not on your life. Bitcoin is for suckers. You guys are the ultimate useful idiots.

Nobody posts what they own. Just ad hominem. Truly nauseating

>>59240818
Nope. If crypto shills invade /pmg/ then we're out here preaching the truth.

>>59241610
Just a fraction of my silver. I keep it in multiple locations.

>>59241613
The truth is no one on pmg makes money and biz is full of crypto millionaires

>>59239899
Checked.

>>59241625
>biz is full of crypto millionaires
Ok cool, post portfolio then :)
I'll wait.

>>59241634
Oh... >>59240740
Yeah.

>>59241634
I've posted my portfolio in /pmg/ multiple times, you all immediately start yelling that it's worthless and that my wallet will get deleted. I've never seen anyone in /pmg/ post gains when requested.

>>59241625
Post a picture of your wealth.

Inb4 you can't

>>59241645
>I've posted my portfolio in /pmg/ multiple times
Ok, where? Show me.
Oh wait you didn't. Lying dipshit.

>>59241645
Kek forget which ID you are using same fag?

This ain't pmg. Post it

>>59238431
>dude just trade like a bank lmao
Not reading your gay ass blog post

>>59240729
Go try to fly internationally with $1 million in gold.

It's remarkable isn't it?

Ask someone who holds precious metals to show you their position, regardless of size they usually comply, happily.

Ask someone who "owns" crypto to show their position and you are greeted with hostility, personal attacks and just bitterness.

>>59241896
If I had $1 million in gold I'd just charter a private flight instead of traveling with peasants.

>>59241905
Lmao that proves stackincels are dumb and cryptobosses are smart.

When Bitcoin hits $1,000,000 you will capitulate

>>59238431
Stay in your containment general faggot

>>59241998
Then tell crypto shills to stay out of /pmg/
They won't, so we won't.

>>59242038
We feel sorry for pmg, you are all broke wagies saving up for your next ounce of junkmetal.

If you ever make it you too will feel the urge to help losers heal and reach the stars

>>59238909
>/pmg/
Bunch of tinfoil hat doomers that will never ever see that capital back

>>59239310
>what was the spot price of your silver 120 years ago darling
>uhh 20 bucks
>what's the spot price right now darling
>uhh 20 bucks
damn silver might be shit

>>59242079
>you are all broke wagies
Show crypto portfolio then if you're so wealthy.

>>59242100
Price suppression is good for us silver hoarders who stack it cheap and deep. Enjoy buying over-inflated BTC.

>>59242038
>Then tell crypto shills to stay out of /pmg/
and how am I supposed to do that anon? we are not a hivemind.
also if you do what they do you're just proving you're not any better

>>59242158
>also if you do what they do you're just proving you're not any better
This thread is about gold. I don't go into BTC snail threads or whatever and tell everyone to sell BTC for gold and silver.
>hivemind
Then why do you act like it?
>muh block chain
>muh Trump pump
>muh "mining"
>muh encryption
It's all word salad. At least PMs have intrinsic value because they're in all electronics. And with the obvious price suppression >>59242144 coupled with a push for digital assets valued purely in fiat USD, it's obvious to me crypto is a trap. If you want to buy it, go ahead. But don't come crying to us after the inevitable rugpull.

>>59242144
>it's great when pmg losses money

Lmao cryptochads agree

>>59242202
>loser cries that his investment is losing because of all powerful forces
>buys more
>loses more


Lmao stackers brag they are dumb as retardrocks

>>59239010
>nobody really owns farmland, the state does and can steal it from you at any time

>>59242225
>losses money
I'm trading debt receipts for hard assets. You're being foolish.
>>59242242
It's plain as day. Be in denial all you want but it won't stop me from putting my wealth in an asset independent of technology and being tied to the failing USD.

>>59239010
>the state does and can steal it from you at any time with any excuse hiking property taxes is a very common tactic
Please point to a single time this "very common tactic" was employed

>>59238909
I know you don't really that.
I would say that more people loose money with crypto than PMs. The few that make money with crypto make a higher ROI than with PMs.

>>59242346
Pmg never brags about making money they brag that they have a stack of dimes or rounds they brag about how they are happy the price of silver or gold is falling many bought years ago paying $45 for ASEs. They are almost all broke retards. The only exception is MintScamAnon who milks the retards like the cattle they are and maybe boomer Bob who scams the government

>>59238431
I would buy gold but I really like money.

>>59239310
>When I pull out my 120 year old sterling spoon collection no woman can resist. They instantly undress and demand I inseminate them after they gaze upon my hoard of antique silver utensils.
>>59242100
precious metals are for third world people like kuwaitis and iraqis except US and our boomers try every day to make us third world so, better keep buying

>>59242396
Buying special coins with a huge markup is a bit silly, I just buy billions and I'm up over 30% this year, that isn't much compared to my crypto, but lots of people loose money on scam meme coins.

>>59240959

>>59238431
Gold won't make me life changing money like ARCA would do, so it's internet magic money for me

>>59242438
>>59242438
>lots of people loose money on scam meme coins.

Lots of dumb people out there losing on shitcoins and shitstocks but the only ones sticking with the cult are /gme/ and /pmg/. You just don't see a /litecoin/ general thread. pmg is a cult

Iqdelet the jewish poojeet, get 4 hours of sleep.

>>59242100
>spot price 120 years ago
>$20
AHAHAHAHAHAHAHAHAHA

>>59242577
Gangstalking JIDF detected. Do you ever tire of getting b&? You’ll always be an obvious outsider in /pmg/

>>59242585
>spot price 120 years ago
>$20
20 silver dollars is 15.4toz, which is $202.81 at spot price of $31.17 today.

>>59242503
I also bought that token recently and I hope it performs well

>>59238431
Not as profitable as Bitcoin, whoever tells you otherwise is a dimwit and a retarded fuck.
Buy BTC, loads of it, stake on ExSat to earn passively. Goodluck, or not!

>>59242545
>pmg is a cult
Agree, I like PMs not /pmg/

>>59240966
>>59242447
This time it's different.mp3. They will kill you with a console controller and laugh at you trying to hide in their own home turf. No boots on the ground will be needed to put down the key figures of any possible insurrection. The whole country will be put against you and not the other way round.
The natural state of civilization is feudalism, the natural state of man is to be a slave to his betters, and the temporary disruption in such order brought by technology will be corrected by technology for good.

imagine not buying this cup and handle

>Spot bitcoin ETF options begin trading on the Nasdaq tomorrow. <today>

Here's why it matters.

[B2YB
@TheyaBitcoin

Claim is it will make bitcoin moon and lo and behold we are at the ATH!

>>59242874
>The whole country will be put against you
Only 1% of a population is needed for a successful insurgency.

>>59238431
Gm saaaaaars, we are back
Dravinians and supply hoarders shaken out, golden bottom in.
Brought back from $200 mcap grave to $300k+, next pump will feed whole India. Village is so happy and thankful, delicious paneers were had and shat.

5jinnZQsBReS5ZwvKxdUVr4PEEyybQM6uQ8ZPSd9au5P
DO NOT REDEEM

>>59242431
Couldn't understand a word you just said, are you sure you are not a dirty shitskin yourself?

>>59240729
It's past the point of these niggas being weak. $100,000 in gold is the weight of three loaves of bread. These aren't stupid people. These are bad faith actors bro.

>>59243178
>gets confiscated under civil asset forfieture laws

Lmao boomer rock collectors are dumb as fuck

>>59242621

Am I losing it, isn't 15.4toz at 31.17 about $480 today?

>>59243233
You're fucking retarded, nigger.
Post your address and I'll send you some fantom.
By the time the (((civil asset forfeiture))) comes, motherfuckers are gonna be anything but civil. Stack lead, rice and beans and water and water filters. Dog who the actual fuck are you talking to?

>>59243345
Oh lol idk how I fucked up the math
But yeah silver always wins in the end

>>59242621
>>59243345
You guys have completely lost the plot. The idiot that said spot was $20 in 1904 was making fun of the inflation adjusted price not moving. You guys took it seriously and are extrapolating the number in a way that makes no sense.

>>59244189
>You guys took it seriously and are extrapolating the number in a way that makes no sense.
It actually does make sense.
$20 150 years ago was 20 silver dollars. Fast forward to today and their value of silver in those coins is $480.

Gold is a store of value. Most Americans have no value to store.

Le Russian hackers are cutting undersea internet cables. Surely we will be able to trade crypto through radio, r-right crypto bros?

>>59244391
Explain to me how $1 in 1904 = $20 in 1904