/biz/ - Business & Finance

[Anonymous No.11484653]

All he suggests is 10% of your portfolio as gold, and you dont listen to him!

[Anonymous No.11484824]

He suggested 10%? Fuck I went all in.. should I sell?

[Anonymous No.11484868]

>>11484653
>gold on the verge of mass production in labs

>invest

ok.

[Anonymous No.11484875]

>>11484868
I guess someone is trying to slow this down for a long time

[Anonymous No.11484943]

>>11484875
>fusion power

[Anonymous No.11485010]

>>11484868
How jews even let this happen? It means that only them will possess this tech

[Anonymous No.11485785]

>>11484868
>muh science
>muh asteroids
>muh digital gold

Not going to make it.

[Anonymous No.11486013]

>>11485785
www.iter.org

[Anonymous No.11486028]

>>11484653
Well he's right so...

[Anonymous No.11486171]

>>11484653
>grug buy shiny rock
>shiny rock real
>grug can touch

[Anonymous No.11486178]

>>11484868
>>11486013
You have no fucking idea what you're talking about.

[Anonymous No.11486192]

the problem with owning gold is you need guns to protect the gold

[Anonymous No.11486206]

I wouldnt even put 0.01%

[Anonymous No.11486246]

>>11484653
5%ter here.

[Anonymous No.11486255]

>>11486192
I am sure you could get some fairly cheap guns to protect $1 mil worth or more of gold.

[Anonymous No.11486260]

>>11486171
literally this. how the fuck can you justify buying a shiny rock in this day and age? talk about a faith-based economy.

[Anonymous No.11486308]

>>11484868
wtf u talkin about?? sources?? Newton boss was trying to do magix like that.

[Anonymous No.11486342]

>>11486308
There are no sources, he's retarded. One can use a particle collider to make a handful of (mostly radioactive) gold isotopes, at a ridiculously prohibitively expensive cost.

[Anonymous No.11486355]

>>11486260
because it's been the best store of value for the past 5,000 years.

[Anonymous No.11486475]

>>11484653
Dont listen to this moron. Goldbugs are fucking stupid

[Anonymous No.11486485]

>>11486342
except with unlimited (free) energy (fusion), it is bound to happen

[Anonymous No.11486501]

>>11486260
Russia, china and Hungary among othere have all massively increased their gold reserves over the last year. If it was useless why are countries continually stockpiling it in times of uncertainty?

[Anonymous No.11486541]

>>11486013

>implying money of any kind will have value if we have unlimited energy

[Anonymous No.11486550]

>>11486541
Energy is plentiful, but it is not unlimited.

[Anonymous No.11486570]

>>11486485
Fusion is not unlimited nor free. Stop reading popsci. You can't even comprehend the energies required to create gold in any meaningful quantity. Let me know once we're Type II civilization.

[Anonymous No.11486585]

>>11486485
if we accomplish that, you no longer need to worry about investing anything, or money at all for that matter

[Anonymous No.11486607]

>>11484653

>in which Dave Ramsey sages every single gold fag ever

https://www.youtube.com/watch?v=O43SgwLjJAo

[Anonymous No.11486651]

>>11486570
>add x energy

>get 10x in return

i dont see how this is not unlimited?

[Anonymous No.11486692]

>>11486651
I don't know anon. Maybe try actually studying a little about the topic before talking nonsense. Or go make a thread on /sci/, perhaps they'll kindly explain why you're retarded.

[Anonymous No.11486719]

>>11486485
With free energy and fusion, you no longer need to worry about money, you pic related

[Anonymous No.11487691]

>>11486719
well it is happening, why are you worrying then?

[Anonymous No.11487890]

>>11486651

>Because fusion just magically happens in vacuum and creates all this energy straight in to the power lines.

Not like you need maintenance or anything, it's unlimited and free!

[Anonymous No.11488668]

>>11484868
>gold on the verge of mass production in labs
Not like thats chemically impossible unless you add an proton to a platin atom( which btw is more expensive than gold )

Not like adding a proton to just a hand full of atoms costs tens of millions of dollars and is only possible at kilometer huge scientific facilities

[Anonymous No.11488689]

>>11484653
>not just buying gold company stocks and make money even if gold goes down because good companies are supposed to make money in bad times
>not just making 37%+ in last month by buying barrick gold stocks

[Anonymous No.11488944]

>>11486342
so you know that it has already happened but you still don't understand that we are, in fact, on the verge. could be 100 years, 50 years, 5 years but for sure gold isn't 100% futureproof anymore. even if it's 500 years until we can mass produce it we certainly will be importing it from space until then.

[Anonymous No.11488993]

>>11484868
even if that was possible on an industrial scale (it isn't), the cost of one ounce would be several magnitudes of what it is now.
you are fucking retarded bro.

[Anonymous No.11489005]

>>11486171
embarrassing how grug is smarter than you, isn't it

[Anonymous No.11489011]

>>11484653
i have a Gold Money holding. Why this cunt (Shiff the broken clock) joined them I don't know.

I fucking hate the top 10% of society ganging the system. I lived in a country where a 10'r would become a 100 note every 10 years as the central bank changed the notes out to new ones with better security. Scumbags making money out of thin air then cutting all social services.

>>11486260
The shiny rock can be made extremely thin and doesn't corrode brainlet.

If engineers could they would make everything from non-corrosive noble metals. It's just that they are prohibitively expensive DOE TO THEIR PRACTICAL PROPERTIES so only say connectors are gold-plated.

No, there will be no fucking asteroid mining like there will be no trip to Mars. They have been wiggling this sausage in-front of people's noses long enough.

If you're an oligarch you want things to be expensive so you get more money for less work. Look at Samsung price fixing memory. Shit, we're a fucking cartel = monopoly = we dictate the price and everyone else needs to suck it if they don't like it. Artificial scarcity. Competition is for idiots. Everyone tries to have a monopoly and when they do it's straight gauging.

[Anonymous No.11489025]

>>11488993
>if that was possible
>the cost of one ounce would be
i sure wish i also had a crystal ball

[Anonymous No.11489030]

>>11484653

He probably means gold as an alternative to bonds/CD's which isn't the worst idea but zoomers under 30 shouldn't even think about getting out of equities if they have <500k net worth and are still planning on working for another 20+ years.

[Anonymous No.11489040]

>>11486501
They are fucked by the IMF. They can't just print shitty dollars to pay for things.

Every sane country stockpiles gold.

BTW you know a shithole country is about to go down when they pull out the gold reserves from it. And guess what - Germans repatriated all of their gold from New York.

[Anonymous No.11489144]

>>11489025
you can deduce that from the amounts of energy necessary to overcome physical laws and the general cost of certain amounts of energy.
unless you hypothesize that the energy required to fuse nuclei will somehow magically fall by a factor the size of several dozen digits, you will not produce masses of gold in a laboratory from cheap elements.
don't be this dense.

[Anonymous No.11489427]

[Anonymous No.11489445]

I bought physical silver and a little bit of ETF silver, did I fuck up?

[Anonymous No.11489719]

>>11489144
>you are fucking retarded bro.
>embarrassing how grug is smarter than you, isn't it
>don't be this dense.
you couldn't communicate properly with another person if your life depended on it, let alone convince him to see things from your perspective

[Anonymous No.11489772]

>>11488668
they can already create gold just not enough for it to be economically viable

[Anonymous No.11489778]

>>11486607
this faggot is a Vols fan. Tells me everything I need to know.