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13226228 No.13226228 [Reply] [Original]

Perfect time to start buying gold and silver at these prices. Silver will be $20 come end of year.

>> No.13226340

>>13226228
Silver more than gold.
Both are great, always. But remember, gold is a store of wealth. Like freezing money in carbonite. It isn't an investment, really. It stores wealth and makes it very easily to physically transfer large quantities.
Silver, especially fractional silver, is great for planning for the possibility of economic collapse. It's one of the only things, apart from ammo or long-term nonperishable canned goods, that will retain value to the majority of the populace. Silver also has some small investment potential, it could grow, probably will, but that isn't the reason to buy it.
I don't doubt that silver, at about $15.50 today, will be $20 EOY. That's pretty logical and likely. Sound investment risk if that's your aim. But I'd be buying bullion coins or Constitutional silver and holding on to them as the world's best hedge. Gold is unfortunately not terribly fractional, but if you buy gram bars I suppose that's okay. Silver will be the everyday trading currency in the event of a problematic situation.
I've invested in a lot, and my most comfortable money spent has been in gold and silver that I stick in old ammo cans under my desk.

>> No.13226662

>>13226340
I think you need to be more practical in your thinking.
Most people in the metals game are more willing to buy gold than silver (let's say at a 10:1 ratio).
The Gold/Silver ratio is the thing that most people look at for determining where Silver prices ought to be and if there's an opportunity for some arbitrage by exchanging silver for gold. If you're in crypto you already know this life because of BTC pairs.

Silver for me is only valuable if it allows me at some future date, to trade for more gold.

>> No.13226697

>>13226340
I wouldn't accept silver for jack shit in the event of an economic collapse.

>> No.13226737
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13226737

buy lustrous metals before its too late. you've been warned

>> No.13226945

>>13226697
The rate of inflation of the Venezuelan Bolivar against the US Dollar is 1 Million % in 2018, while the Silver ounce appreciated 3 million % against the Venezuelan Bolivar.

>> No.13227625

so for hoarding what is the preferred weight and style of bullion

bars? coins? 1oz? 10oz? etc

>> No.13227757
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13227757

>>13226228
Silver is fucking terrible as a store of value because it takes too much space and is too heavy for the value. Shit needs to increase at least to $50 or $100 and stay stable at these values for some time to get some monetary flavor again.

>> No.13227934

>>13226340
There are so many things that will be worth more than gold/silver in an actual collapse.

You wont get shit for it because monetary value wont matter anymore. It would be a system of bartering and metal wont do shit for you, unless its lead.

>> No.13228431

>>13226228
When I finish stacking Crypto, I will start stacking bullion.

>> No.13228436

>>13226228

I bought 30lb of silver last summer and I felt silly walking to my car with it.

>> No.13228447

>>13227934

Wrong. If that happens, we all go back to the gold standard. Gold will be worth more than ever.

>> No.13228453

>>13227757

Where can i buy this? Is it 24k?

>> No.13229251
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13229251

>>13228436
>Tfw only 60 oz

>> No.13229275

>>13228436
>>13228447
You should feel silly thinking that the gold standard will just magically be established and enforced again nationwide.

Youre going to get robbed or give all your worthless gold up for a can of soup because you didnt have any actual commodities that people actually need.

>> No.13229424

>>13229275
And once society is stable again?

>> No.13229485
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13229485

>>13226228
silver is going nowhere this decade.

>> No.13229533
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13229533

>buy an illiquid highly taxed and regulated physical asset that might go up 2x if the economy crashes
>dont buy something that will go back to its ATH and at least 5x in the next 2 years guaranteed, before it goes up another 100x - when its also totally unregulateable and untraceable, able to be sent across borders and sold above its market value any time you want

>> No.13229859
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13229859

>>13229485
...BUT UP

>>13229533
this poster is a fartknocker

>> No.13229963

>>13227934
> system of bartering
> what is money?

>> No.13229988

>>13229533
> not preserving crypto profits in PMs both on the way up and on the way down
> not waiting until crypto bottoms out again and then buying it low by selling the PMs made by crypto profits

>> No.13230006

fuck off pathetic goldbugs

shit investment. oldest scam in history

>> No.13230011

Personally I hope that cryptocurrency becomes much more integrated into society and the economy to the point that it phases out fiat currency. Sort of like how the global economy did not need a crisis to get off the gold standard.

>> No.13230044

You can buy quarter ounce gold coins from the us mint for like $350 on eBay.

>> No.13230068

>>13226228
silver was $23 when I bought it 6 years ago. This shit is too fucking boring for me senpai. Don't get me wrong I still love it but FFS it's just a heavy talisman to jerk off to, putting it in crypto or drugs is so much more fun

>> No.13230386

>>13227625
Bars or discs for either one are good, silver I also do junk coins, which are 90%. I personally don't like anything you have to keep sealed and pristine, I don't think that's the point of holding precious metals.

>> No.13230416

>>13229275
We will never ever have this scenario though are talking about. Even in the worst economic times that have ever existed, even when wars have been raging on our land, precious metals have had value. You are talking about a complete nuclear fallout, population utterly decimated sort of situation, and no, that's not what most people are planning for or should plan for. Worst case scenario, we get world war 3: civil war redux, and even in that scenario, silver and gold will have tons of value.

>> No.13230426

>>13230011
All currency is fiat, including crypto.

>> No.13230433

>>13226228
If your an american it is. Anyone else should have bought a couple of years ago.

>> No.13230459

>>13230044
Hi china
>>13230068
keep hodling
>>13229988
High IQ

>> No.13230471

why would I invest in the past when I can invest in the future?

boomers want to shill their metals and mcmansions so they can retire on our debt after indebting us to the jews

>> No.13230490

>>13230471
>kid doesn’t know that silver is the future
Whats in your computer and phone son?

>> No.13230556
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13230556

>>13229859
I want to punch whoever keeps playing with 9999 gold coins, like they are arcade tokens, in their testicles. Keep them in their fucking capsule God Dammit.

>> No.13230578
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13230578

>>13229859
Sorry, I did some TA and it's in a downward spiral

>> No.13230794

Are US gold eagles considered good even though they’re not .999 pure

>> No.13231056

>>13230416
I love how no one even responds to the rational one here.

>> No.13231276
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13231276

>>13226228
Just what makes you think that the FED note has no value despite being backed by the world top government but a shiny metal is the way to go. You gonna eat or drink that gold when shit hits the fan? Meme.

>> No.13231428
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13231428

>>13231276
For every $1 they create it devalues the purchasing power of every other $1 in existence, now think about that with the $100 house of money they create every day. Read some history books, roughly every 40 years the pendulum swings from fiat currency back to a Gold/Silver backed currency. We are now over 70 years on a global fiat currency that is backef by thin air. The people give the value to the fiat dollars NOT the fed/goverment. When panic sets in it will initiate a venezuelan scenario where bread is 10 billion bolivars and you can buy 6 months worth of food for a single ounce. If you truly think they can sustain this debt forever by just printing more money at unprecedented levels you’re beyond dillusional. A deflationary or hyperinflation collapse is inevitable, and it’ll make the famed 20’s collapse look like a picnic. No one went to jail in 08’ and they all got bailed out. Metals are money, fiat is just a currency.

>> No.13231952

>>13230416
This

>> No.13232329

>>13230416
I wouldn't want to live at that point

>> No.13232385

>>13230490
crypto and tranny porn, get fucked old man

>> No.13232819

>>13229275
Shut up retard with your fallout fantasy

>> No.13233314
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13233314

>>13229251
>Tfw only 15 oz

>> No.13233800

>>13230556
Nah fuck you, if I wanna clink my leaf coins I will continue to do so at my leisure.

>> No.13233814

>>13230794
Yea they're fine and easier to sell be case of the recognition they have in the pm markets. If you want higher purity Royal Canadian mint and the Perth mint in aussie land have the highest purity.

>> No.13234450

>>13231428
currency is useless! buy gold!
>proceeds to take currency for gold
>good goy