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/biz/ - Business & Finance

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11467570 No.11467570 [Reply] [Original]

People say they bought gold in 2013 and it's down in dollar value. And they are upset.

You don't buy gold in hopes that it goes to 7k/oz... you buy gold because fiat is a scam and you fear its implosion, and you partake in a huge transfer of wealth when fiat fails.

When you buy gold you aren't really buying it... you are just transferring your wealth from Jew kike fiat debt instruments to a real sound store of value. And you are essentially becoming your own bank.

Why are you anons so dumb?

>> No.11467588

Gold is a REAL store of value.... when the deflationary collapse hits.... and gold is revalued to 40k per ounce to purge all the debt from the system and an avg American home which costs 170k now and is now worth 50k that gold ounce translated to the new currency will buy you a house.

And that gold ounce in the fiat paradigm costed you like $1200 to get

>> No.11467616

reminder all gold and silver shills are idiots and lost money because they bought this year, last year, or the years before 2016 as the bubble started to burst

Reminder the dollar is going up and metals will crash harder

Reminder metals are a shitty investment and shitty as a hedge

>> No.11467629

>>11467616
That's where you are dumber than a nigger.

Gold IS REAL MONEY...

What gave the dollar its value in the 19th century? GOLD did...

So why in the fuck would you be valuing gold in terms of fiat?

Did gold all of a sudden become valuable when America was born and the dollar was created?

If the dollar dissapeared from planet earth tomorrow..... would your gold now be worthless???

>> No.11467635

>>11467570
Because gold is a worthless shiny fucking rock and the biggest meme of all time

>> No.11467648

>>11467635
If what you say is true then why has it been money since before Christ? And why does it still hold its value despite being de-monetized by governments?

If gold was useless.... then obviously after bretton woods it would have stopped being valuable as money, right?

Yet that's not the case.

None of you possess any logic

>> No.11467650

>>11467629
Its clear you are the fucking retarded metal shill Ive already argued with several times

youre worthless. Any baby can prove you wrong

>> No.11467670

OOGA BOOGA ME LIKE SHINY THINGS

>> No.11467678

>>11467570
Ok anon, I will believe you and accept what you say if you can tell me where on earth I can buy gold that I can keep and own and take as my own.
not some shares or some stake in some fake gold in some warehouse which theoretically is mine , but something where I can go in take it put in my pocket and walk out.
I am in the US. It is my understanding that is basically impossible, and potentially illegal. Gold WOULD be those things , but because I can’t do what I just described , in reality all it is some certificate or piece of paper that I own , not the gold itself.

>> No.11467683

>>11467635
Also.... you say crypto is the new gold.... yet..... you are investing in Tron because the dollar is failing.... unironically because it isn't backed by gold. And you can't make it otherwise.

You are invested in crypto because there is a problem with the dollar.... not because there is a problem with gold.

What's the #1 economic issue? Prices are RISING....

Under a gold standard prices were CHEAP

You guys make fun of boomers and their 10% gains.... well..... under a gold standard..... 10% gains were like 100% gains in crypto. Because back then prices were CHEAP.

Today you need 100-200% gains because the Jew is confiscating all your wealth through inflation because you have been brainwashed into accepting his usury debt instrument fed notes.

60 years ago you could "make it" as a bus driver driving retarded kids to grade school with the wife at home raising your 4 kids.

>> No.11467687

>>11467648
gold has the value it does because people believe in it as a store of wealth. That makes it automatically better than fiat to hold.
I doubt it will be as popular as digital stores of wealth with younger generations though.

>> No.11467700

>>11467678
Holy shit dude.... after the first part of your post I thought you lived on Jupiter....

Then you said you lived in the US.

Dude.... are you autistic AND on house arrest?

Google coin shops and wherever you live...... find a coin shop. Go in and give him 5k and take your silver and gold home.

Fucking Christ. America is fucked. You don't even know how to buy gold at a coin shop?

>> No.11467708

>>11467687
And the kike loves that.

>> No.11467710

I own gold and crypto. Gold silver are means to diversify and are inter generational means of storing value, like land etc. Serious governments are buying LARGE amounts of gold for a reason. Jp Morgan are stockpiling silver. You should own some as well if you are a man of substance and not just a shitcoin addict looking for a moonshot.

>> No.11467736

Both crypto and metals stand as bulwarks against (((fiat))). Our enemy is one and the same.

You're all tribalistic faggots.

>> No.11467742
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11467742

>>11467570
>>11467588
>>11467629
>>11467648
>>11467683
>>11467700
>>11467708
your fucking spacing

>> No.11467744

>>11467736
>>11467710
>gold AND crypto
this

crypto will outperform gold though

>> No.11467748

>>11467710
Very fair. I am not anti crypto..... but people who invest in crypto without owning gold first because they fear a currency crisis..... are literally dumber than those dark niggers brought over here in the 17th century that you saw on roots

>> No.11467753
File: 56 KB, 971x546, B0DE4A0A-6987-4D50-ABA5-0CF49559C905.jpg [View same] [iqdb] [saucenao] [google]
11467753

>gold is real money

>> No.11467756

>>11467710
prove banks and goverment are "stockpiling silver" or youre full of shit, because they arent

>> No.11467762

>>11467744
Exactly.

>> No.11467768

>>11467687
Treasuries or rather worldwide bond etfs outperform metals for inflation + investment

>> No.11467781

>>11467700
Ok, thank you and I feel dumb for not realizing that I could buy in bulk. However , I want to restate my overall point because it still stands:
If , as you say, gold is to be bought in case the US dollar is a meme... then , in the event that that reality DOES start happening , there is good reason to expect that something like Executive Order 6102 (illegal to hoard gold , Nixon) would come out. In which case you couldn’t sell anyway.
Of course , anyone who just kept their hoard did ok. But you’d probably want to add that you’ll need to accumulate gold and weapons , and you probably don’t want a paper trail to you and a pile of gold.
Anyway gold bugs are ok, down with the fed , etc . I’m in favor don’t get me wrong.

>> No.11467793

>>11467683
>Under a gold standard prices were CHEAP

Yeah, and under a gold standard we also got the worst economic crisis in recent history (Great Depression), becuase the gold standard is a fucking meme that doesn't allow for the government to enact stimulative monetary policy to revive the economy, which is what we did in '08 to save us from the brink. The gold standard is THE reason the depression lasted as long as it did. Not being able to expand the money supply during times of crisis makes it shit.

Bitcoin is the new gold anyways

>> No.11467817

>>11467629
i can buy goods and services easily with fiat.

gold not so much. gold is only useful to me if it appreciates in cash value.

>> No.11467823

>>11467756
Google the following: "JP Morgan silver"
google the following: "Poland purchases silver", "China purchases gold", "Russia buys gold". You will find news articles from this year outlining this and many more besides.

If you can't be bothered to understand basic facts like this then you a doomed to be a slave and wage cuck for your life. You have a losers mindset if you aren't seeking out this kind of information.

They don't want you to have real wealth, just the false image of wealth which is fiat. Precious metals, land are real wealth and always have been.

>> No.11467828

Gold is the reason humans exist, from the annunaki creating us through DNA splicing to mine the planet for us, before they left with it all to use on their own planet for reasons we don't understand. So it should hold value based on that, that's probably why it's ever had any real value anyways to humans.

>> No.11467853

>>11467823
you must be a fucking moron
The only reason those communist countries buy metals is to hedge against THEIR OWN currency
Thats why they spend much, much more money on USA bonds than they do metals.

>> No.11467904

>>11467793
>being okay with allowing the kike (((government))) to play god with the economy
good 1 m8

>> No.11467918

>>11467853
Keep chasing shitcoin nirvana, you'll make it. Stay landless and broke and remember you were told well in advance by someone in good faith. Oh they also aren't buying jack shit in terms of bonds anymore because everyone knows they are never going to be repaid. Leave your money in the banks as well so they can do a bail in.

If gold wasn't valuable they wouldn't be buying it but you actually typed that out and didn't realise you contradicted your own point. The dollar is strong because of the petro dollar and military backing it but this is changing. Other countries realise they are getting shafted and are moving away from the dollar.

>> No.11467932

>>11467918
I cashed out all my crypto last year you projecting retard

Chinese and europe are buying up US treasuries, not metals. you are retarded if you dont know this

>> No.11467972

>>11467817
It's not about buying shit with gold. It's about the money having value which fiat doesn't have anymore because it isn't backed by gold anymore.

I'm not advocating or thinking we I'll go back to exchanging silver coins for bread but you need that silver or gold backing the currency otherwise the currency hyperinflates into nothing and you can't buy anything with the paper like in Venezuela.

But in Venezuela you can buy 6 months worth of food with 1 ounce of silver

>> No.11467988

>>11467793
This is bullshit.... we got the Great Depression because of the fed. And all the cheap money it was pushing.

Go research quotes from congressman in 1913 and the horror some of them spoke as a result of the Fed being instituted

>> No.11468005

>>11467932
Lol lol lol .... China India and Russia are and have been accumulating record tonnage of gold for years now.

Yeah they are still buying us debt but they are converting it to real money GOLD

>> No.11468028

>>11467744
You are dumb.... gold is just gold. It's stored economic energy. It's not supposed to perform our outperform anything. A gold ounce 800 years ago is still that same ounce of gold today.

You are buying gold because fiat is a scam and you want money and wealth for when fiat implodes.

You aren't buying fucking gold for the same reason you buy stocks.

>> No.11468046

>>11467932
Western Europe is not Russia, China or Poland. Western Europe is completely controlled by the US since WWII, it's part of the neo-liberal world order. You keep talking past what I am saying so enjoy your "cashing out" lol If you don't own assets you are poor.

I couldn't give a fuck if you own gold or not, all the more for the more sensible to buy up at bargain prices. The other poles of global influence are China and Russia and they are putting their wealth into gold because their leaders have longer time references and superior education in terms of history etc. They know what they are doing.

>> No.11468049

>>11467762
Gold is just gold you moron. Gold is wealth.

If gold goes to 55k per ounce that just means the dollar has become worthless.

Jesus how dumb are you morons?

You buy stocks to get back more fiat and you buy gold to protect you from fiat failing.

HOW FUCKING DIFFICULT IS IT TO UNDERSTAND THAT BASIC CONCEPT?

>> No.11468091

>>11468049
I think you need to get better reading comprehension. I understand that gold is just a store of value and is just gold. I agree with basically everything you said yet you seem to think I don't.
You need to chill the fuck out and learn how to talk to people without shitting yourself like an emotional woman because somebody said something you didn't agree with 100%

>> No.11468098

>>11467742
I would face fuck you even if you were a guy. Just to shoot a cumshot in your Autistic annoying Jew ass eyeball

>> No.11468121
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11468121

>>11468049
>gold will protect you against fiat falling
thats what bonds are for moron. You cant go to walmart and buy your groceries with rocks

>b-but the entire world governments will collapse
nobody will accept your gold even then moron

>> No.11468127

>>11467781
Don't buy in bulk........ more than 6k per day purchase you have to report

>> No.11468139

>>11468005
>buying us debt
This is a fucken lie. Just fucken with you but seriously rumor has it Russia almost holds zero U.S. debt now and I think that just proves all your points more so

>> No.11468149

>>11468121
BONDS? HAHAHAHAHAHAHAHAHA

Hahahahahahahhaahaabhahhahahahahahahahahahahaahahahhahahahahaha

Jesus Christ. The bond market is about to implode. Sure maybe not in a week but sometime soon.

Hahahahahahahahaha BONDS over GOLD? You fucking Jew fuck

>> No.11468162

>>11468121
Nobody will accept gold you fucking kike faggot?

You can go on fucking YouTube right now and find sub sarharan starving African niggers panning for gold in dry river beds and when they accumulate .01 gram of gold they exchange it for a loaf of bread.

Nobody will accept gold? LOOOL. Said nobody EVER going back milennia

>> No.11468188

I belive in sound money.
Gold, silver, bitcoin and LINK.

>> No.11468192

>>11468139
Go find the RT article where Russia is buying gold with us debt or have been.

The world is swimming in debt.... fiat currencies are all failing.... because of the Jew....

You don't think china and Russia and other emerging nations are stacking gold? Your fucking uninformed in stupid.

You can go find that china ) acommunist country) literally started sponsoring to its citizens to buy silver starting in 2009.

You'll never see an American politician advocating that Americans buy gold..... because their kike central bank masters don't allow it. Our politicians instead say keep investing in the jew rigged low interest rate fueled stock market. They think we are stupid and the sad part is they are right.

>> No.11468202

>>11468188
Yes in that order. Link is a must. I'm
The gold link anon

>> No.11468212

>>11468149
Yes you dumb nigger, rising interest rates means bonds go down but METALS GO DOWN HARDER

at least bonds will pay me income while your rocks do nothing.

>>11468162
What do the poorest africans have to do with normal countries? we still use fiat and dont accept rocks in stores if you havent noticed

>> No.11468268

>>11468212
You didn't read my posts above.

Seriously fucking concentrate.....

What gave value to the dollar? GOLD did. But since you were educated in Jew public schools you think that the dollar value of gold matters.

If gold goes to 7k/oz tomorrow.... you didn't profit at all. All that happened was the dollar became much more worthless.

How can gold go up in price? It's just fucking gold you idiot.

Gold didn't all of a sudden become valuable when America was born and the dollar was created right?

If the dollar vanished from earth tomorrow morning would you gold now be worthless?

Start thinking dude

>> No.11468272

gold only carries value through each generation because up until only one generation ago, we didn't even have an internet. sure gold has survived a long time, but it hasn't been tested in a digital world, and you can see how quickly bitcoin appeared and how quickly its amassed massive value at the expense of other speculative stores of value.

>> No.11468282

>>11468268
I already know your arguments because Ive argued with you before, you are fucking stupid

>muh what if money didnt exist and there was just gold

Im using my fiat to buy companies to make more fiat because Im not a doomsday retard

>> No.11468312

>>11468212
You just said that nobody will accept gold if fiat fails. There are nigger countries who accept it.

And if fiat fails what will be the basis of value? We just going to live in some closed loop barter system for the rest of time where you exchange toilet paper for blowjobs?

>> No.11468334

>>11468272
Dude....... do you not fucking understand that people are investing in crypto because the dollar is failing becUse it isn't backed by gold?

You understand that the problem isn't with gold but fiat right?

If bitcoin goes to 10 million dollars it won't make gold any less valuable

>> No.11468355

>>11468312
FIAT ISNT GOING TO FAIL
Thats my whole point Karl

If fiat failed that means you are dead or living in hell

>> No.11468367

>>11468272
DUde currencies aren't supposed to jump in value where if you get paid in 30 bitcoins in 2010 that it ends up buying you a home in 2017.

When gold backed the dollar and banks jissued currency and your worked for a week and earned 15$ in 1847.... you didn't expect it to buy you 3 homes 8 years later

Money is just a store of value where your energy is stored.

You aren't suppose to work as an electrician for a week and then fuxking be able to buy a Lamborghini 24 months later

You people are retarded and sick in the head

>> No.11468376

>>11468334
even if fiat was gold backed, that doesn't change the fact that gold along with fiat represent old world investments, and newer generations that have fully embraced the oncoming digital-only world don't consider gold as being something they want to own.

>> No.11468384

>>11468355
It is failing dipshit! 8$/hour 45 years ago was Fantastic income......today 8$/hour puts you in abject poverty.

Fiat isn't failing tho right bro?

>> No.11468394

>>11468367
>arent supposed to jump in value
so how would you expect a currency that was created in 2010 to reach a multi-trillion valuation without appreciating in value very quickly?

>> No.11468423

>>11468376
Gold is not an investment brainlet!!!

When I buy Amazon stock I'm doing that for a completely different reason than when I go to a coin shop and buy gold.

I don't give a shit about the dollar price of gold. I'm buying gold because our govt is out of control and we are 20 trillion in debt.

In fact, I hope gold goes back down to 300$/oz because that would mean our govt is fiscally responsible again AND I wouldn't lose in real terms either. Because gold at 300$ means a footlong sub at subway will be $2.99.

So gold going down to 300$ an ounce means you don't lose in real terms because a lower gold price equals lower prices of goods

>> No.11468425
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11468425

>>11468384
can you even bring a good argument to the table? I swear, you tards are all the same

I mean fuck, even my random pieces of plastic and rock outperform your metal overtime

>> No.11468437

>>11468425
GOLD is NOT an INVESTMENT

Gold is WEALTH AND MONEY

>> No.11468449

>>11468423
it's as much of an investment as bitcoin is, only bitcoin itself acts more like a currency, whereas gold itself has near zero payment utility for people.

and everything you're saying is exactly why bitcoin has become so popular, because its gold without having to store chunks of metal in your home.

>> No.11468477

>>11468437
no, its an industrial rock like copper

Money is fiat, Bonds are the hedge. If you think otherwise you will lose money like you already have been

>> No.11468480

oh hello there goldbug anon. haven't seen you in a while

>> No.11468488

>not buying into silver since the chart looks better

>> No.11468531

>>11468477
Your brainwashed by the Jew. Gold has been money for milennia. Gold IS money... you CANT lose owning gold.

You think money is worthless paper that Jew central banks deem is money? While they confiscate all your wealth through inflation? Hence why a dollar used to buy you a shit ton more 80 years ago than it does now?

>> No.11468543

>>11468488
the chart has to look better because the conversion sucks ass.
exchanges will give you as low as 75% for the silver you bring them (compared to their selling price), even in perfect condition.

>> No.11468570

>>11468531
youre a disgusting false flagger, but it doesnt matter because everyone can see

I already showed you a chart that staes Treasuries gave you more return than metals in the last 120 years. This is also one of the few times in history where the dollar gains strength on interest rates, so hedging against it is literally retarded. Buy companies

>> No.11468633

>>11468570
state treasuries imply that the same state still exists and/or accepts them. they may be better in a mild recession, i agree to that part.
in any *major* depression however there is confiscation of goods, and anything of real value may simply be declared null and void by a desperate and corrupt state. by """"hedging"""" with fucking paper you are still believing in the system.
gold is the ultimate shtf-hedge and transcends anything written on a piece of paper. its supply is limited, it is anonymous, easy to identify and impervious to physical degeneration.
you could theoretically lose your gold in a tragic boating accident, somehow go by in a shithole dictatorship during a depression and miraculously find that same gold - physically unaltered - on the bottom of the lake again (after everything, including your magic paper, has been confiscated), just to buy the mother of all dips after the depression is over. you could take it over a border and it would be accepted in a different state etc.etc.
i don't care how much you shill here, what you offer is a piece of paper in exchange for hard labor. no thx.

>> No.11469284

>>11468570
Gold owners aren't concerned with returns you faggot. They are concerned with the currency failing.

I fuxking understand that putting $1,200 in Amazon stock will benefit me more than buying gold IF the currency doesn't collapse. But we are 20 trillion in debt and having gold is a smart thing to have

>> No.11469300

So does this mean buying the GLD ETF is a waste because it's not physical/shares are held in $?

>> No.11469355

>>11468633
youre the one shilling dude

You really think the paid shills are the ones talking about treasuries? Lmao
Get your doomsday shit out of here. Reminder that Buffet, Gates, and the richest men owns 0 gold.

>> No.11469361

>>11469284
Youre the retard that didnt read my posts because Im mainly talking about hedging against currency
Bonds are superior to metals

>> No.11469448
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11469448

>>11469355
>You really think the paid shills are the ones talking about treasuries? Lmao
yes, i think that.
when the dollar inevitably falls (just like any other fiat currency has fallen) - because it must with mathematical certainty - then the US as an empire that founds its fucking wealth on the dollar (by exporting its own inflation) will fall with it.
borders change, revolutions happen, countries get new constitutions after major events etc. etc. - and suddenly your fucking paper contract isn't even suitable as toilet paper because its only one-layered and way too hard.
take your make-belief glass perls and shove them up your ass. no one here buys your "hurrrr durrrr muh ROI" bullshit.
if i want ROI, ill invest in crypto or stocks. and i will do just that until the moment i feel that a huge downturn is imminent and switch to an ACTUAL hedge you literal shill.
not playing the game (taking max ROI) until the suitable moment is insanely retarded, and so your whole "but bonds performed better over 120 years" argument is a pile of bullcrap. bonds are an intermediary thing - not quite the ROI of sensible investments, not an actual hedge when things really turn dark (and they historically did so about once every generation, with the latest one being really overdue).
get fucked, shill.

>> No.11469500
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11469500

>>11469355
>Reminder that Buffet, Gates, and the richest men owns 0 gold.
yeah i'm sure those multi-billionaires disclose the details of their private wealth with the public with total honesty and no ulterior motives whatsoever.
why would a depopulator like gates not be totally honest with the public and have their best interest in mind with every one of his statements?
just because he makes people infertile on purpose doesn't mean he doesn't want as all to get rich. fucking lel

>> No.11469505

>>11468212
The US makes gold and silver coins with a face value on them, so you could potentially talk someone into selling you $1200 worth of goods for a $50 gold coin.

>> No.11469515

>>11469448
Youre just further proof all metal shills are doomsdayfags

I know you hate America, but try to understand our economy is the strongest in the world so we need to raise interest rates, this will further tank your metals. I hope you enjoy that

Silver is probably going to 10

>> No.11469525

>>11469515
The country is broke.

>> No.11469560

>>11469515
>our economy is the strongest in the world
most of your large industrial companies only survive due to blatant manipulation/protectionism.
if actual competition was in place, boeing and every single american car company would have ceased to exist decades ago.
the source of your wealth is printing US dollars and invading every country that will not export goods, technologies etc. for those printed numbers. once that mechanism falls, the US will plunge to the level of an emerging country. at least that will solve your border problems, because hardly anyone will risk his life when the other side of the border looks just as barren.
and no, i don't hate america. i have visited the several US states and loved every second there. the people are great and i like their patriotism and have received nothing but kindness when i was there.
do not imply hatred towards the people of a country when someone simply points out the wrongdoings of their governing state. almost no americans understand where their wealth are coming from or would have any power to change it, so why would anyone be mad at them.
you are implementing typical shill tactics, though: implying hatred where there is none to somehow make an unwarranted attack on the messenger.

>> No.11469581

>>11469515
>Silver is probably going to 10
my ounces of silver aren't going anywhere, they are staying at 31.1 grams exactly.
you honestly don't get it, do you?

>> No.11469586

>>11469581
Bingo

A silver ounce 900 years ago is still that same silver ounce today. Doesn't matter if the fucking Jew dollar exists or not

>> No.11469718

>>11467700
How would you know that the gold that you buy is real?

>> No.11469980

>>11469560
This. We have a zombie economy where non competitive companies are kept alive by central banking manipulation

>> No.11470004

>>11469581
this, seriously just this.

>> No.11470068

>>11467570
Ever heard of gold company stocks?
bareick gold? Randgold?

>> No.11470080

>>11467793
you're legitimately retarded

>> No.11470570
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11470570

what is the cheapest and most trustworthy way of buying gold in Australia?

>> No.11470601

>>11467588
You realize gold is inflationary right ? Lol. Bitcoin will have a lower issuance rate by 2024 of < 1.5% and you’re still collecting gold rocks.

>> No.11470609

>>11467570
https://www.youtube.com/watch?v=6qTBh-jiHpU

>> No.11470669

1.5% more gold is mines every year. Sounds like monero tail emission if you ask me. But monero is private easier to send and store a load of.

>> No.11470685

>>11470601
If that's a problem for you then stack silver. More of it is being used for industrial purposes than is being mined.

>> No.11471257

>>11470685
Are you retarded? Silver has an even higher inflation rate. You realize that the fact that it’s used for industrial purposes doesn’t give it value...scarcity, durability are far more important.

>> No.11471288

goldbugs don't understand that gold and silver are both awfully abundant in the universe and earth is especially rich in them. many rarer elements are nowhere near the price of gold so you could say it's in a huge speculative bubble with no fundamentals.

on the other hand there will only ever be 21 million btc. you can count on that. probably about 3 million is lost forever, but some may be recovered in time with quantum computing and shit after most of the wallets moved to much stronger encryption the dead ones can be mined. or maybe a protocol change will allow miners to spend a small miners fee every block from wallets that haven't been moved for 30 years... that was you just have to make a transaction every decade to keep your bitcoins and lost coins will return to circulation.

>> No.11471321

3 ounces of gold hoarder here
I will buy all you nocoiners as slaves once the next depression hit. screencap this faggots, no golders BTFO

>> No.11471340

>>11471288
It's not just rareness. Gold has many great qualities as a material for money.

>> No.11471463

>>11471340
rareness is the only one important anymore. and many materials have better qualities than gold anyhow. silver is a better conductor tantalum is more corrosion resistant platinum is more bio compatible and so on and so on.

gold was just easy enough to mine and work in the fucking ancient times. today that has no relevance.

>> No.11471476

>>11471463
And it's very non reactive and malleable. Both very important.

>> No.11471507

Even though OP is going full sperg, he has some true points.
It wouldn't hurt to have at least some ounces of silver and some gold stored somewhere safe.

No one is telling you to convert everything into PMs, just having some % in silver/gold.

>> No.11471520

>>11467570

>hold something for 5 years
>value goes down
>dumb kids are laughing at you while making 1000x gains on magic internet beans

Why would anyone be mad?

>> No.11471595

>>11471476
like i said many metals have better qualities in both regard also golds softness is not a desirable quality if it was harder it would be more useful to us now. it would provide a more durable coating for electronic connectors for example. gold bullion would be less likely to damage from being handled. nah golds softness was important in 2000bc today it's a con.

>> No.11471682
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11471682

>Hurr durr gold is useless. It doesn't matter that central banks are hoarding it in vaults I clearly know more about gold than the central banks.