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/biz/ - Business & Finance


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11630141 No.11630141 [Reply] [Original]

have fun with your shitcoins when Armageddon comes
It’s not too late to allocate some money from your paycheck into precious metals

>> No.11630310

Precious metals>link

>> No.11630327
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11630327

>>11630141
>buys virgin coins and not chad bars

>> No.11630380
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11630380

>>11630141
>he thinks they will allow an Armageddon
lmao, it will only be a slow decline from here on out, no such thing as a sudden TEOTWAWKI, only slow inflation

>> No.11630384
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11630384

>>11630327
>Pays 1400/oz for gold

>> No.11630386

>>11630327
coins are best for anything less than 5 oz. Bars above. A 1 oz bar is pathetic. Doesn't matter if it's gold it looks desperate to be more than it is.

>> No.11630391

>>11630380
why is /biz full of low IQ npcs like this worthless anon?

>> No.11630399

>>11630384
lol fuck off anon. This is dooms day insurance gold

>> No.11630497

>>11630380
the more every normie out there talks about the incoming crash, the more realistic this scenario seems.

>> No.11630586

>>11630399
Enjoy that over 10% premium, that's gonna be rough to get back, PM's are notorious for taking a while to get moving

>> No.11630626

>armageddon
>muh shiny rocks
only useful things will be worth a damn, invest in canned food, batteries and a way to protect them instead

>> No.11630640
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11630640

>>11630586
>economy collapses
>inflation that currently sits in stock markets, bonds, housing suddenly hits consumers
>people can barely pay rent, lose all their USD savings for a loaf of fucking bread
>boy was i glad not to save 90% of my investment

>> No.11630722

>>11630327
>1/10th oz bars
>paying 13% above spot just to have it in fractions
if you want a cheaper, easier to trade fraction; why not use silver?
https://www.apmex.com/product/27024/1-oz-silver-round-apmex
thats probably there best deal. if your will to drop 7k on it you can get silver around 5% above spot for 500 rounds

>> No.11630762
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11630762

What is wrong with bars? I recently bought a few 1 oz silver bars from apmex.

>> No.11631002

>>11630762
nothing wrong with bars.
i prefer old coins that are slightly over spot. the only downside to these are that denominations did not use fractions of OZ's EX:
double eagle is 98% of an oz
eagle is 48%
half eagle is 24%
this was due to them being 90% gold and 10% copper to make them strong enough for everyday use. also the reduction helped make up for the cost of copper in it.
but i would take a double eagle over a 1oz bar anyday even though its not a full ounce i enjoy the history of coin and the pontential numismatic gain on it that a bar typically wouldnt have.

>> No.11631603

real talk I'm putting aside some of my earned salary to put towards silver, super comfy times

>> No.11631644

>>11630141
stop shitposting peter

no one wants your garbage

>> No.11631659

>>11630391
>>11630497
Do you say this because it's probable
or
because you want it to happen?
If it's the second, fuck right off back to your pleb sheds.
Normies like to gossip a lot.
>>11630391
In a hypothetical Armageddon scenario no one would want your metals retard. Even if you should survive.

>> No.11631927

>>11630141
Dumb /ppol/tard

>> No.11631820

If that happens were all dead within 5years enjoy your my precious on your own.

>> No.11632362
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11632362

gold will crash