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/biz/ - Business & Finance

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14880200 No.14880200 [Reply] [Original]

>pay $156.00
>get a coin that’s worth literally ONE DOLLAR
Why the fuck do people do this? What am I missing here

>> No.14880244

>>14880200
>pay $0.0001
>get a coin that’s worth literally NO DOLLAR AMOUNT
Why the fuck do people do this? What am I missing here

It’s not worth a dollar you dumb fuck. It is made of silver.

>> No.14880254

>>14880200
You dumb piece of shit

>> No.14880293

>>14880244
So if I go to the store I can buy $16 worth of stuff? Fucking dumbass nigger knuckle dragger

>> No.14880309

>>14880293

Actually yes especially if it’s a pajeet and pawn shops

>> No.14880319

>>14880200
It's an extremely overpriced SILVER coin. You can get these for about $16 (1 ounce)

>> No.14880538
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14880538

>>14880200
the coins say one dollar on them because when the design was started an ounce of silver was actually worth a dollar....shows how much we have been fucked over the years by inflation

>> No.14880737

>>14880538
That means silver is overpriced as fuck then.

>> No.14881435
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14881435

>>14880737

>> No.14881483

>>14880737
In 1980 silver hit $50 per ounce.
In today's dollars, that would be roughly $155 per ounce.

>> No.14881498

>>14880319
Pretty sure its a stack of 10

>> No.14882186
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14882186

You absolute mongoloid.
There is no assigned "dollar value" to a silver coin.
This has not ben the case since A.D. 1964 Year of Lord when the Jews debased our coinage.
I can see how you may be upset at silver and precious metals but your head is in the wrong place for you seek to make a profit off of it. The thing is that the dollar is worthless paper fiat backed by nothing.
You invest in PMs to hedge against inflation and sustain your purchasing power when there is a shift to a new currency.
Gold and Silver are MONEY whereas paper shit coins like the USD and the Euro is CURRENCY.
The rampant CONSUMERIST mentality that has plagued this country is about to end as the defaults come in. The Quantitative Easing (LITERALLY PRINTING MONEY INTO EXISTENCE BECAUSE JEWS) that occurred back in 2008 was just giving the drug addicted economy more smack to keep the high.
Deflation is coming followed by hyperinflation therefore destroying the USD.
But since other paper fiat currencies are backed by the USD the whole fucking global economy is going to shit itself.
Then they will ask themselves, "well, what has worked before?"
That is when the normies will realize how important gold and silver is. SOUND MONEY.

>www.youtube.com/watch?v=DpfOVTQorq0

>> No.14882224

>>14880737
No retard, its at the ALL TIME LOW of all time.
>>14882186
Based

>> No.14882286
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14882286

>>14882186
based

>> No.14882374

>>14880200
Keep FUDing silver you absolute fucking brainlet. The time is coming and all you FUD fuckers are going to either sit on the sidelines while silver chads make a fortune, or you will FOMO in at ATH's

>> No.14882401

>>14880200
Buy guns and bullets instead. If SHTF and you need silver, just kill someone and take it.

You can literally pay 1% of what boomer rock faggots are paying, and they will just hoard it for you. Same goes for food, water, medicine, etc. No police no problem.

>> No.14882481
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14882481

>>14882401
silver chads are part /k/ommando
The only silver you're getting is this through the head.

>> No.14882513

>>14882481
Some are, some aren't. But the true gold standard after the collapse is weaponry, frens, and the willingness to use the former two to commit violence upon other people.

>> No.14882526

>>14880200
beautiful

>> No.14882544

>>14880538
Silver was $5 when silver eagles were released, famalam. When they used to make dimes and quarters out of silver $1 was .735 oz.

>> No.14882644
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14882644

>>14882513
>Frens
>Skills
>Wealth
You just unironically listed the 3 most crucial aspects of what will be in place when the next paradigm occurs.
The stock market will crash when those damn Baby Boomers cash in their entire portfolios because they haven't saved enough for retirement.
75,000,000 boomers will lose everything. The nest egg will crack.

>> No.14883335

>>14882644
>75,000,000 boomers will lose everything
they kind of deserve it
they were the most decadent generation to ever live in all of history

>> No.14884144

>>14883335
Boomer generation is too big to fail, .gov will volunteer us to support them.