Gold is NOT an investment. Gold is REAL SAVINGS

[Anonymous No.14322190]

The way you MAKE IT with gold is having even as little as 10 ounces and waiting for the dollar implosion. Fiat, stocks, bonds are NOT wealth they are financial assets. You might make 200% in crypto or stocks BUT you have to shave off some paper wealth profit and convert it to real wealth - GOLD or else your dollar denominated paper assets will implode.

You do not buy stocks for the same reason that you buy gold. A gold price going up just means the dollar is becoming more worthless. So you aren't looking to make returns in gold because you can't make returns in gold.

The dollar price of gold is irrelevant. Did gold all of a sudden become valuable when America was born and the dollar was created? Of course not. So why would you be valuing gold in terms of dollars? Moreover...it was gold that gave value to the dollar, so logically it makes no sense to value gold in terms of dollars.

Gold is not in competition with bitcoin. Bitcoin is a thing because the dollar is becoming increasingly worthless, unironically because gold doesnt back the dollar anymore. So massive inflation because of this is making it so it is impossible to make it. Under a gold standard you could drive retards to grade school on a bus for a living and "make it" with your wife at home raising your 4 white kids.

[Anonymous No.14322195]

Silver is also great. For most of human history a days wage equaled a silver piece the size of s silver dime or roman denarius.

So right now...for the 16$ price of silver you are locking up the equivalent of two weeks worth of wages. Since 14 silver dimes equals 1 ounce of silver. Because the dollar is the worlds reserve currency you see in many underdeveloped countries today where people like rice paddy workers are earning the equivalent of 2$/day....which is right in line with sane economic historical reality, since that 2$ equals the price of a silver dime.

You have moron workers selling insurance providing zero real value for society earning 200$/day which is the equivalent of about 13 ounces of silver a day which flies in the face of all historical economic reality.

So if you buy as little 500 ounces of silver you are literally locking up 20 years worth of days wages when the dollar collapses. It will actually though probably be 2x-3x that though because there are billions more people on the planet and much less silver available.

[Anonymous No.14322215]

ron paul 2020

[Anonymous No.14322233]

>>14322190
If we colonize space gold is worthless with so much in the universe.

[Anonymous No.14322249]

>>14322195
OP, Do you think it's a good idea to save my savings in sugar, milk, oil, etc?

I live in a third world country.

[Anonymous No.14322258]

>>14322233
>""""""""""""space""""""""""""""

[Anonymous No.14322272]

>>14322249
those arent savings

[Anonymous No.14322413]

>it's so good I need to use CAPS LOCK
didn't read. fuck off boomer.

[Anonymous No.14322461]

>>14322190
how do you turn gold back into money?

[Anonymous No.14322556]

>>14322233
How the fuck is this supposed to happen in our lifetimes? All space-fairing nations are becoming brown shitholes besides China.

[Anonymous No.14322602]

>>14322461
>turn gold
>back into money
You dont even recognize its Final Form

[Anonymous No.14322612]

>>14322461
when the time comes, you won't have to

[Anonymous No.14322760]

>>14322190
Wow only 15k in gold and wait for usd to implode.
Great idea dumbass

[Anonymous No.14322805]

>>14322190
i will start accumulating silver but not until i buy a gun and ammo first.