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/biz/ - Business & Finance


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12011151 No.12011151 [Reply] [Original]

Ag. Au.

>> No.12011169

shiny. rocks.

>> No.12011204

>>12011169
Sound. Money.

>> No.12011371

boomer stones

>> No.12011474

>>12011204
When the 2020 halving happens, BTC will have a lower inflation rate than gold.

>> No.12012494

Aurum Aqua Gyrus Schifuss

>> No.12012510

>>12011169
>>12011371
Metal

>> No.12012525

>>12011474
When the 2020 halving happens, BTC will have a lower demand than gold.

>> No.12012566

Master Schiff, thank you in advance for my oh so delightful Valcambi card.

>> No.12012590

>>12011474
The SegWit chain will die before the 2020 halving

>> No.12012632

safe. bets.

>> No.12012658

>>12011151
No one cares about this faggot. He is consistently wrong and only have emotional arguments.

>> No.12012726

>>12012658
More like logical.

>> No.12012728

>Goldbugs
Wolframite, lithium, palladium, rhodium are better choices than your boomer tier shit elements

>> No.12012733

>>12012726
Just because an argument is logical does not mean it is correct. There are lots of logical arguments that are wrong. The best arguments are empirical.

>> No.12012756

>>12012733

>> No.12013292

>>12011151
Peter had a good podcast today.

>> No.12013325

He's right about everything except gold

>> No.12013333

>>12013292

Na he just phoned it in the last couple of days. He's at his best when he does history lessons and roasts terrible policy

>> No.12013348
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12013348

>>12011371
what, hemorrhoids? kidney stones?

>> No.12013349

>>12011151
>"I'll have this newspaper please"
>"yes sir, that'll be 0.00023g of gold please"
>"ok, let me just take this knife out and cut you some, hmmm, do you have scales?"

>> No.12013353

>>12013349
Have you heard of Goldmoney.com ?

>> No.12013361

>>12013349

This. Fiat works because it's worthless ironically.

>> No.12013378

>>12013361
Transferring gold to another Goldmoney account is free.

>> No.12013381

>>12013349
>not paying small purchase with 3g 50% silver coin

>> No.12013400

>>12013378

Gold has intrinsic value so it's crap as money because people will just hoarde it. Cash is worth what it will buy and nothing more. That's what makes it a great currency. It has no other purpose

>> No.12013408
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12013408

>>12013381
>>12013361
>>12013349

>> No.12013414
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12013414

I can even send multiple currencies.

>> No.12013419

>>12013408
>>12013414

We get it you're a shill.

>> No.12013421
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12013421

>>12013400
>intrinsic

>> No.12013424

>>12013419
Just wait until the stagflation gets started. You’ll be using Goldmoney too.

>> No.12013429

>use gold as money
>millionaires just hoarde
>demand soars supply plummets
>increases in value exponentially
>millionaires become billionaires
>everyone else starves

>use fiat as currency
>millionaires hoarde it
>loses value through inflation
>have to actually invest it back into the economy to get value out of it

Nope. Fiat working as expected

>> No.12013436
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12013436

>>12013408
>>12013414
That's very cool, but it requires the Internet existing.

>> No.12013454

>>12013436
That’s why I hold physical silver. The gold is cheaper to store in a vault than the silver they sell....

>> No.12013456

>>12013424

Schiff is entertaining but his arguments are skewed in gold's favor because he runs a gold business. He should just abandon his gold business and do speaking tours

>> No.12013459

>>12013436
I have 10k of silver stored at 3 locations (immediate family) so we can all buy plane tickets to flee the country when the shit hits the fan.

>> No.12013472

>>12013459

I have land, a house and a years supply of food and water. Have fun with your metals mate

>> No.12013478

>>12013472
I have 3 months food. You will want to flee the country if USA goes Venezuela.

>> No.12013489

>>12013459
Explain the process of converting 10kg of silver in to plane tickets

>> No.12013498

>>12013489
Inflation hits 20% per month....government starts cracking heads....planes still fly in and out of the country.....ticket prices increasing rapidly. Price of silver increasing rapidly. Pawn silver and immediately use money to purchase plane tickets the same day,

>> No.12013504

>>12013489
Tickets to Dubai or New Zealand or Singapore

>> No.12013523

>>12013489
If you study Weimar you’ll realize homes quickly become practically worthless since 99% of income is spent on fuel and food. That’s why I rent and if I owned a home I would abandon it anyways.

>> No.12013559
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12013559

based and red pilled, long rice and beans

>> No.12013563

>>12013523

>grow own food on land you own
>rarely need fuel to get anything because you're self sufficient

>> No.12013572

>>12013563
I’d rather apply for asylum in Singapore than try to live off the land in Venezuela. Trust me they’re going to start seizing land and putting people in camps.....the people fleeing to Colombia and Brazil are the smart ones.....

>> No.12013581

>>12013563
If your land is productive and President Ocasio-Cortez wants to give out more gibs she is gonna take it....see South Africa.

>> No.12013600
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12013600

>>12013563
I heard you have productive land anon. Time to redistribute to historically oppressed groups like LGBTs

>> No.12014273
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12014273

>>12013349

>> No.12014277

>>12011151
you hurt?