/biz/ - Business & Finance

File: 405 KB, 940x788, peter-schiff-quote.jpg [View same] [iqdb] [saucenao] [google]

GET OUT OF STOCKS Anonymous Tue Oct 16 20:35:26 2018 No.11424803 [Reply] [Original]

If you haven't taken out your 401k, stocks, mutual funds and put it in gold. I feel sorry for you when the next recession is coming within the next few months.

https://www.youtube.com/watch?v=oqmM_PjWcNg

>>	Anonymous Tue Oct 16 20:45:21 2018 No.11424917 You've been saying that since 2007.

>>	Anonymous Tue Oct 16 20:48:03 2018 No.11424937 >>11424803 Gold doesn't pay dividends.

>>	Anonymous Tue Oct 16 20:49:10 2018 No.11424947 File: 29 KB, 620x349, Schiff.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Tue Oct 16 20:53:45 2018 No.11424996 File: 807 KB, 165x115, 1471383537481.gif [View same] [iqdb] [saucenao] [google] bitcoin makes gold redundant >but muh infinite regression theory of value also, gold is not stable in regards to buying power, get with the times Opa

>>	Anonymous Tue Oct 16 20:54:54 2018 No.11425007 >>11424803 stocks just had a little correction, nothing to worry about

>>	Anonymous Tue Oct 16 20:58:57 2018 No.11425036 >Literally buying NoseBergStein's rock collection

>>	Anonymous Tue Oct 16 21:00:09 2018 No.11425052 >>11424803 i have cash, stocks, gold and crypto. you cant fucc with that portfolio

>>	Anonymous Tue Oct 16 22:20:22 2018 No.11425835 When have we ever gone back after making a digital version of a product, service, or tool?

>>	Anonymous Tue Oct 16 22:28:29 2018 No.11425924 >>11424803 I just use BTC nibba

>>	Anonymous Tue Oct 16 23:03:01 2018 No.11426235 I'll stock ammo and food before gold. In the end times that gold won't save your ass like ammo will.

>>	Anonymous Tue Oct 16 23:07:40 2018 No.11426279 Gold is literally for retards

>>	Anonymous Tue Oct 16 23:09:20 2018 No.11426298 >>11426235 >end times What the fuck do you think is gonna happen? Some Mad Max-tier shit? You realize collapses have happened before, right?

>>	Anonymous Tue Oct 16 23:13:11 2018 No.11426331 >>11426298 I can only wish...

>>	Anonymous Tue Oct 16 23:23:09 2018 No.11426430 We're not overleveraged like we were in 07. Market will not crash. It will come down a bit more, but it won't crash.

Anonymous Tue Oct 16 23:34:48 2018 No.11426531

>>11424803
Real shit if markets start going crazy as fuck and economies start to falter, wouldnt that be a great thing for crypto?

Isnt this what we wanted in the end?Decentralized currency not controlled by governments. Instead of relying on some retarded gold standard where we're not even sure if theres any gold in Ft Knox.

>>	Anonymous Tue Oct 16 23:44:55 2018 No.11426591 >>11424803 BASED & redpilled Mods please pin this post

>>	Anonymous Tue Oct 16 23:46:22 2018 No.11426599 >>11426531 >if the sky falls on our heads, shouldnt our digital ponzi tokens rise in value? the state of /biz/

>>	Anonymous Tue Oct 16 23:47:43 2018 No.11426610 >>11424803 Why are you listening to anyone like Schiff who has a personal stake in people buying gold?

>>	Anonymous Tue Oct 16 23:50:01 2018 No.11426625 >>11425835 underrated

>>	Anonymous Wed Oct 17 00:14:28 2018 No.11426794 >>11426531 was just reading the fort knox wiki >The 1933 Double Eagle was also a temporary resident after transfer from 7 World Trade Center in JULY 2001, until its sale in July 2002 for $7.59 million. I mean, how lucky can you get

>>	Anonymous Wed Oct 17 01:31:54 2018 No.11427319 >>11424803 Mfw I took a loan against my 401kek and took all of it and quit my job so I don't have to pay it back.

>>	Anonymous Wed Oct 17 01:35:56 2018 No.11427343 File: 321 KB, 720x1126, IMG_20180902_170142.png [View same] [iqdb] [saucenao] [google] >>11427319 Oops this is my face when

>>	Anonymous Wed Oct 17 01:59:52 2018 No.11427495 >>11424803 Man this is a great post. Too bad it is filled with some really dumb idiots and only a few wise players >>11425052 >>11426591 >>11426794 to name a few.

>>	Anonymous Wed Oct 17 02:03:27 2018 No.11427513 >>11426599 Crypto has never been predictable. What makes you think you can predict it wont rise in value during a economy crash, just as Gold would?

>>	Anonymous Wed Oct 17 02:12:42 2018 No.11427561 based chad keeps talking

Anonymous Wed Oct 17 02:19:47 2018 No.11427587
File: 53 KB, 600x600, caco.jpg [View same] [iqdb] [saucenao] [google]

>>11424803
> you lost me at "poor millennial"
dent is great, but these floating headmonsters are just as NPC as the cucked left. is there *any* parallel between being 25-30 in the 70s vs being 25-30 now?

>>	Anonymous Wed Oct 17 02:26:26 2018 No.11427626 >>11424917 >doesn't remember 2008

>>	Anonymous Wed Oct 17 02:27:30 2018 No.11427638 stop with these threads holy shit I literally hate gold now and learned how truly worthless it is after all your shilling

>>	Anonymous Wed Oct 17 02:42:09 2018 No.11427731 >>11427495 you're a dumb idiot

Anonymous Wed Oct 17 02:46:41 2018 No.11427759

they would have turned to gold, had bitcoin not been invented. in the digital world physical relics like gold arent attractive anymore. bitcoin works for the super wealthy and the lower class, while the lower class simply can't afford to buy any quantity of gold, and the super wealthy must store huge quantities of it with a trusted party, because it still isnt valuable enough to work securely at scale.

>>	Anonymous Wed Oct 17 03:13:28 2018 No.11427949 If you are not comfortable holding stock through a recession, why would you buy it in the first place? Even if you were right about a recession coming, what you propose is plain retarded.

>>	Anonymous Wed Oct 17 03:15:08 2018 No.11427954 File: 250 KB, 1570x724, MW-GP053_DlZB0r_20180828062302_NS.jpg [View same] [iqdb] [saucenao] [google] >>11424803

>>	Anonymous Wed Oct 17 05:32:12 2018 No.11428642 >>11427954 looks like s§p is the bitcoin of stocks.

>>	Anonymous Wed Oct 17 06:24:22 2018 No.11428879 >>11424803 don't buy paper or electronic gold!

>>	Anonymous Wed Oct 17 07:14:30 2018 No.11429093 >>11425835 Watches

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