serious

[Anonymous No.14882591]

how many of you actually believe silver and gold is a rational investment?

Having a hard time justifying spending money on crypto or shiny rocks

[Anonymous No.14882604]

>>14882591
You can't destroy it and it's almost guaranteed to never be worthless. It's a relatively safe place to keep your wealth if you buy low, and it tends to go into a bubble every few decades so you have a chance at some gains if you sell at the right time.

[Anonymous No.14882629]

>>14882591
Not going to shill silver/gold to you anon. Either buy it or don't. I did and will continue to just because of what it does for my wealth.

[Anonymous No.14882643]

>>14882591
Not much of an investment but more a hedge. Just buy stocks. It will only go up forever and I'm not being ironic.

[Anonymous No.14882650]

>>14882591
hedgefunds buy gold, btc is recognised by some as a store of value. What/who do you need to justify to. Do your research and if you believe in it then buy it.

[Anonymous No.14882700]

>>14882629
>will continue to just because of what it does for my wealth.
keeps it from growing?

[Anonymous No.14882777]

>>14882591
The metals preserve your wealth. Where you'll get wealthier, is gold and silver stocks. Load the fuck up, while they're still relatively affordable.

[Anonymous No.14882798]

>>14882591
Precious metals are a great store of wealth and long term investment

[Anonymous No.14882824]

>>14882591
i think it's worthless because if we have a global economic crash that destabilizes the system it's gonna be like mad max. food and bullets will be far more valuable.

[Anonymous No.14882831]

I'm getting redpilled on metals. What ratio of metals is ideal? Are coins the way to go? Bars? How do you store it? Do you trust banks or do you store it yourself?

[Anonymous No.14882845]

>>14882591
Imagine buying Jew bags in tyooL 2019

[Anonymous No.14882860]

>>14882591
wtf u dont like shiny rock?

[Anonymous No.14882863]

>>14882824
Its not gonna be mad max. Its gonna be Syria so you'll have to bribe the local warlord with gold/silver

[Anonymous No.14882868]

Silver has some interesting medical uses...
Makes you think.

[Anonymous No.14882874]

>>14882831
10% Gold 90% silver. 10 oz bars are nice, check out 10 oz Britannias and 10 oz Royal Canadian Mint bars. 1 Oz American Silver Eagles are nice if you want smaller denominations, they have a premium but they will hold that premium for resell. Bury the metal under a lake since niggers can't swim they can't get your booty.

[Anonymous No.14882877]

>>14882863
Couldn't you just bribe them with food and bullets though? Feels like a warlord would always need rations and ammo.

[Anonymous No.14882892]

>>14882591
Not an investment, but a great store of wealth. If I knew I was going to go into debt I would buy tons of it.

[Anonymous No.14882898]

>>14882845
Yes yes, they're only for Jews now go stock up on more paper assets goy-kun.

[Anonymous No.14882899]

>>14882877
If that warlord already controls the infrastructure basic necessities are probably not needed, but gold/silver can be used to buy guns and ammo from shifty military officers sitting on stockpiles with no government.

[Anonymous No.14882930]

Silver is undervalued. Gold is not at the moment,.

[Anonymous No.14882931]

>>14882591
Silver will be the biggest moonshot of the next decade. Gold will skyrocket too but silver is where you'll see the massive move.

[Anonymous No.14882966]

>>14882930
SIlver is undervalued compared to gold, but both are undervalued in general.

[Anonymous No.14882967]

>>14882899
stock up on 5.56. It's the most common round used by police and military and there are plenty of guns that shoot it. After a collapse you can easily trade your stock for other weapons or food or women etc.

[Anonymous No.14882988]

>>14882967
Of course having ammo is important, but do you know how many rounds 1 ounce of silver can buy? That's a hell of a lot easier to carry since the remaining government parts have banks that value shiny boomer rocks, so with shiny boomer rocks you will never go wrong as long as things don't collapse 100%, which they won't.

[Anonymous No.14883021]

>>14882591
btc yes
gold yes
shitcoins no
silver no

[Anonymous No.14883026]

>>14882988
well. im envisions a future where government has completely collapsed so the way i'm looking at it is a bit different.

[Anonymous No.14883045]

>>14882899
So this warlord has enough control in the local area that food and bullets are not something he'd take in a trade, but he also needs gold and silver to buy ammo from military officers?

[Anonymous No.14883084]

>>14883045
He can use the gold and silver to purchase anything he wants. Generally you sell or barter away that which you need least. If he has tons of ammo he doesn't need he'll barter that away for something he needs. If he has gold and silver and ammo but needs ammo cause some darkies were lookin to raid then he'll barter away the gold and silver for what he needs. This isn't rocket science bud.

[Anonymous No.14883090]

>>14883026
I seriously doubt the financial institutions will collapse fully alongside every single competent government able to fill in and exploit a power vacuum

[Anonymous No.14883101]

>>14883021
t.

[Anonymous No.14883142]

>>14882591
Do you trust the government? If so don’t worry it’ll all be fine

[Anonymous No.14883160]

>>14883090
if only you knew how bad things will be.

[Anonymous No.14883192]

>>14883101
Thx for the image, here is something else anon

[Anonymous No.14883204]

What about asteroid mining

[Anonymous No.14883220]

>>14883204
Lol

[Anonymous No.14883226]

>>14883204
please rope yourself

[Anonymous No.14883240]

>>14883204
We haven't even gone back to the moon yet...

[Anonymous No.14883292]

>>14883240
>what is incentive

[Anonymous No.14883310]

>>14883204
>What about asteroid mining

[Anonymous No.14883329]

>>14883292
>What is Helium-3?

[Anonymous No.14883407]

>>14883204
Ah yes, there it is. The asteroid mining post in every silver thread. Though I've seen someone say transmutation recently.

[Anonymous No.14883576]

>>14883407
>2019
i'll have the cheesesteak sub with a side of fries
>that will be $8

>2021
i'll have the cheesesteak sub with a side of fries
>That'll be 3 rounds of 5.56x45mm and 2 AA batteries please

[Twatter: KadaneZod No.14883617]

>>14882591
>>14882591
https://twitter.com/KadaneZod/status/1152314846127378432?s=20

[Anonymous No.14883689]

>>14883576
>>14883160
You seriously are going to be dissapointed with how collapse really looks.

[Anonymous No.14883870]

>>14882591
Silver is massively undervalued.
Scientifically speaking there is a 9:1 ratio between silver and gold. 9 pieces of silver means 1 piece of gold. Gold is at 1444 so silver should be somewhere between 100-160 dollars roughly and it's currently at about 16 dollars an ounce. Historically, recessions usually cause silver prices to skyrocket where gold only sees slight gains. Silver is a great buy, stack up high and try to get a MINIMUM of 200 oz. Some believe that silver could go up to 1000 dollars an oz, I'm not too sure about that but you never know.

[Anonymous No.14883895]

>>14882591
5% of your wealth in physical is a good hedge

it's not really a moon mission, wait for a dip, too

[Anonymous No.14883925]

>>14882591
I've considered buying gold coins but they're really fucking worthless.

[Anonymous No.14883962]

>>14883925
This bot needs reprogrammed

[Anonymous No.14884151]

I like how business and finance includes the barter economy that'll rise when society collapses.
>>14883576
Humans will always use a currency for bartering, ever since Grug used a pretty rock to buy berries. Especially with the collective knowledge of currency that we all share. It won't be trading cans of food level unless something catostrophic disrupts all of society. In which case we're probably headed for extinction anyway.
But in the land of reality, precious metals are just the safest way to store wealth while beating inflation. Your 401k might crash, your bank may become insolvent, but you'll always have that gold buried in your backyard.

[Anonymous No.14884216]

>>14883204
We are entering the great filter, there is no sci fi future, it's all down hill from here...
On another note, what to look for when buying silver?

[Anonymous No.14884260]

>>14884216
>what to look for when buying silver?

American Silver Eagles hold their premium very well for resale. Mexican Libertads appreciate in value well because they're such low mintage.

Buy what you like in any event. Anything under $20/oz is good imo.

[Anonymous No.14884421]

>>14883407
To be fair to the alchemists transmutation is probably more realistic then asteroid mining

[Anonymous No.14884436]

>>14882591
>google top 10 commodities bought and sold in US and international markets
>gold and silver both in the top 10

There’s your answer.

[Anonymous No.14884456]

>>14882874
10oz Royal Canadian mint bars are overpriced because of how fucking popular they are.

[Anonymous No.14884472]

>>14884456
Been a while since I've bought them desu, they were cheap af when I picked em up. Been on the Britannias lately

[Anonymous No.14884494]

>>14884472
Well as a Canadian my typical online dealers don’t have them. I have to physically go to a shop or buy it on eBay and they’re way over spot for me. Britannia bars are available for me but to much over spot for a bar. I’m only interested in legal tender coins and government issued bars.

[Anonymous No.14884557]

>>14884494
Sold out at Apmex as well which is why I haven't bought them in a while.

[Anonymous No.14884596]

>>14884494
I wish maples didn't have the queen on the obverse. The leaf itself looks so pretty in silver or gold.

[Anonymous No.14884616]

>>14882591
Its all a scam just pick your scam. I have both.

[Anonymous No.14884689]

>>14882591
>how many of you actually believe silver and gold is a rational investment

Neither is meant to be a traditional investment, and if you buy it like a traditional investment, your bags will be heavy. It's meant to be bought cheap and sold during a recession to dumb people when the price spikes and stocks fall. Then you cycle those profits into stocks during the fire sale. All of the boomers that bought silver as an investment at $50 an ounce have bags literally worth their weight in silver now.

[Anonymous No.14884709]

Bonds are the only true way to store your wealth.

If you buy metals (especially physical) youre absolutely retarded

[Anonymous No.14884723]

>>14884709
>Bonds

[Anonymous No.14884751]

>>14884709
>Bonds are the only true way
Imagine hedging against a government default by buying more government debt.

[Anonymous No.14884793]

>>14884751
>richest country on earth defaulting
imagine being this delusional and schizo

[Anonymous No.14884844]

>>14884793
They already defaulted once in the 70s. You think they're going to unpeg from the gold standard twice to pay back those creditors? Kek

[Anonymous No.14884854]

>>14884844
what country are you talking for brainlet? USA never defaulted in its entire history of existence

[Anonymous No.14884897]

>>14884854
Lmao. Can't imagine being this clueless about history. Close your tab right now and don't come back until you've understood why Nixon had to abandon the gold standard and start paying everyone back with funny money instead. Seriously you're an embarassement to Western civilization.

[Anonymous No.14884917]

>>14884897
oh look, schizo got caught sperging bullshit and now he refuses to give any evidence. USA never defaulted any bonds you moron, try getting educated before embarassing yourself dumbass

[Anonymous No.14884984]

>>14883870
Both metals are, as per the families, suppose to jump 400x+ post jubilee.

[Anonymous No.14885268]

>>14884751
Imagine being so stupid that you don't know that credit default swaps exist and that even with out that you can make a Diversified Bond Portfolio and spread out the exceptionally low risk to virtual ~0 and pretend you know finance . GO away peasant, this is not the board for you.

[Anonymous No.14885276]

>>14884917
Closing the gold window was a defacto default. Bonds are just USD with a coupon. There was outstanding USD that were supposed to be freely exchangeable for gold. The US closing the gold window was the US admitting it couldn't exchange gold for USD. Default

[Anonymous No.14885337]

>>14882591
It's safe in the sense that it won't go to $0, but there's no guarantee that it'll hold its value, much less provide for profit.

[Anonymous No.14885338]

>>14885276
bonds were denominated in dollars and were repaid in dollars. thats not what a default looks like. if the rest of the world refused to accept those dollars then it would be a default

[Anonymous No.14885372]

>>14882868
Kills mold and is a biocide makes you think

[Anonymous No.14885477]

Tomorrow when my paycheck clears I will buy 1 10oz bar and 10 1oz Eagles. I know I will make way more buying LINK but having those chunks of metal just sounds comfy af

[Anonymous No.14885532]

>>14882988
Why would a starving person trade their bullets for silver?

[Anonymous No.14885560]

>>14882591
Just bought more.

[Anonymous No.14885849]

>>14885338
man you are a dumb nigger. so dumb i bet you might glow in the dark

[Anonymous No.14886008]

>>14885849
oh look, another 30 IQ moron without an argument

[Anonymous No.14886287]

>>14884897
>why Nixon had to abandon the gold standard and start paying everyone back with funny money instead
because on a national scale money is a medium of exchange and not a store of wealth. having gold sitting in a fort doesn't build factories or create jobs. but not having enough currency is definitely going to do the opposite.
this board already laughs at the guy who bought a pizza with bitcoin. why would anybody use their gold to start a new business when they think it might x10 just by HODLing.

[Anonymous No.14886400]

>>14885372
How safe is it for us to touch silver if it does that? Our whole skin is covered in healthy flora

[Anonymous No.14886436]

>>14882591
I don't think gold or silver are a good investment because all they are is a hedge against an implausible doomsday scenario - a global economic meltdown that makes the great depression look like a golden era of prosperity. "Investing" in boomer rocks isn't much different from having a stockpile of canned food, water, and ammunition because you think the zombie apocalypse is about to happen.

[Anonymous No.14886476]

Better than holding inflationary fiat

t. 1/6 gold 5/6 link

[Anonymous No.14886775]

It's not an "investment," it's a hedge against hyperinflation, catastrophic volatility, and SHTF.

If gold is pumping, like actually mooning, theres a problem. It's been pretty low for decades. I remember it had a good spike on 9/11.

[Anonymous No.14886798]

>>14882591
Gold and silver aren't investments, they are money.

[Anonymous No.14886920]

>>14882591
The only thing you should touch that has an 'S' in it should be SNTVT.

[Anonymous No.14887143]

>>14885477
HOW
WHERE

SOMEONE JUST EXPLAIN TO ME, I WANT SOME SHINIES
and maybe like, a container to keep it in?

[Anonymous No.14887188]

You pay government tax to buy these things, how will that ever make you a profit when you sell them?

[Anonymous No.14887243]

Gold and Silver are speculative plays against inflation. That's the ONLY reason why you should buy either.

Gold does tend to move upwards when the stock market is unstable, but that's only temporary. In the resulting deflation from a market crash, Gold shits the bed as everyone runs for the safety of government bonds. This is what happened in 2009.

In the immediate aftermath of the recession everyone piled back into Gold/Silver because we all thought that the Federal Reserve creating all this money to bail out the banks was going to result in inflation. Hence the Gold $1900 price in 2011. But the price inflation never came.

The inflation went into the stock market/housing market and it's been that way ever since.

[Anonymous No.14887312]

>>14882591
>how many of you actually believe silver and gold is a rational investment?
you shouldn't think of gold and silver as an investment. Especially silver as it remains stagnate most of the time.
You should think of them as an insurance for when the market/economy collapses or if there is a recession which makes fiat currency pretty much worthless. Silver is a great 'investment' in the sense of having something physically of actual value. Silver is a great commodity to have as a back up currency, or something to be able to easily access when times are tough.

[Anonymous No.14887847]

>>14884216

Weight and purity, nothing else really matters much. It's an element. I can only get canadian leaves without getting raped by the tax man on VAT unfortunately. Just look into getting as much volume for your money as you can. Don't bother with impure silver like 800 grade (80% silver) or other nonsense that needs purifying.

[Anonymous No.14887946]

>>14886287
>le non inflationary/fiat could never sustain a healthy economy meme
Kys

[Anonymous No.14888038]

>>14886287
This, cash is trash longterm therefore it incentivizes spending which is vital for an economy.

[Anonymous No.14888080]

Where do you buy silver in the UK? Are silver stocks/ETFs good?

[Anonymous No.14888129]

>>14882591
I don't like investing in things that don't provide a passive income stream.

[Anonymous No.14888146]

>investment

[Anonymous No.14888807]

>>14882591
I'm not buying it for the metal you idiot. I'm buying it for the time and money that went into extraction.
Same as bitcoin. You're buying the work you fucking moron.

[Anonymous No.14888830]

>>14883021
You do realise silver is a buy product of gold mining and also used for inquarting gold for purification?

[Anonymous No.14889129]

>>14882604
>if you sell at the right time.
That's my problem. I had someone offer me $1700 each for my pamp gold bars back when it was mooning and didn't take the offer.

[Anonymous No.14889148]

>>14887143
I'm looking at Apmex and Jmbullion. As for a container maybe you could find a cigar box or buy a small safe.

[Anonymous No.14889162]

>>14883240
>implying we went in the first place

[Anonymous No.14889166]

>>14888129
Isn't that exactly what Warren is doing though?

[Anonymous No.14889281]

>>14888129
That motherfucker owns stacks of gold/silver and you know it. This isn't about your primary source of income, this is about not getting fucked over.

[Anonymous No.14889338]

>>14884917
I just did. What part of paying your creditors back with unbacked fiat do you not understand? It's amazing how closet statists like yourself get uncontrollably defensive the minute you pull the curtains wide open on your fiat ponzi, because it negates the very premises of your beloved liberal pipe dream.

>>14885268
>credit default swaps
Holy shit you are retarded. Please do not use concepts you do not understand. Exchanging one liability for another will not save your ponzi from collapsing.

>>14886287
> having gold sitting in a fort doesn't build factories or create jobs
Ah yes the whole "imagine how much human potential we could unlock if we pretend we have more money than we really do because only by cheating can we achieve our deluded utopia". Under a gold standard money is spent on things we need, not on things you deluded statists want. Your tower of Babel will have to wait this time.

[Anonymous No.14889343]

>>14884709

Newfags will fall for this

[Anonymous No.14889367]

>>14882591
Add some gold to that collection

[Anonymous No.14889388]

>>14885477

Buy 5oz, 10oz are a meme

[Anonymous No.14889406]

>>14889338
who are you to talk on behalf of the creditors? the creditors accepted dollars and they loved them. thats why everyone in the world is still buying dollars. its funny how you schizos get all riled up the moment a sane person puts holes on your schizo doom conspiracies

[Anonymous No.14889409]

>>14889388
Interesting. Is it because 10oz usually resell under spot?

[Anonymous No.14889474]

>>14889409

They are cool to look at but hard to sell. American Eagles are good because they are well known among silver buyers.

[Anonymous No.14889487]

>>14887188
>tfw in Canada gold and silver is tax free as long as you buy .99+

Only good thing about this cunt.

[Anonymous No.14889620]

>>14889388
1 oz gov coins to start stacking, ramp up to 10 oz bars if you have the cash, go 100 oz only if you want to stack in the thousands. 5 oz is a barlet size just get 5 coins or save up for a real man's 10 oz bar.

Same with gold, if you're just starting get 1/10 or 1/4 oz gold coins. Don't bother with 1/2 oz coins, no one buys that crap. If you can afford it go straight to 1 oz coins.

[Anonymous No.14889629]

>>14889406
> the creditors accepted dollars and they loved them. thats why everyone in the world is still buying dollars.
Those creditors all know what happens when you don't. Do you have any idea why Saddam abandoned the dollar for euro and was later taken out? Are you even aware of what happened to Libya and what Gaddafi was trying to do with the gold dinar? Do you realize the US is so broke they literally have to enact a regime change as soon as there is a crack in the dam to prevent the whole thing from collapsing? We have an entire military industrial complex devoted to keeping the ponzi afloat, and people like you genuinely believe that nuking governments that refuse the petro-dollar is just business as usual lmao. I'm sorry the truth makes you so uncomfortable you have to double down with edgy one-liners and personal attacks.

[Anonymous No.14889672]

>>14889629
iraq and libya are small irrelevant shitholes. you honestly think them not accepting dollars would make any difference at all? lmao. just get your meds schizo, reality isn't based on your dumb conspiracies

[Anonymous No.14889961]

>>14886436
>doesn't own guns
>doesn't stockpile ammo, food, water, gear
>thinks America will never collapse
Reddit is that ways

[Anonymous No.14890023]

>>14889388
Most trade is in 1 oz denominations, they're the easiest to sell usually no matter what kind

[Anonymous No.14890075]

>>14882591
>buying something that's literally shilled on tv every 5 minutes

anon, don't be retarded. gold isn't going anywhere. you're just pumping the bags of Schiff and Dalio.

[Anonymous No.14890089]

>>14889672
>iraq and libya are small irrelevant shitholes.
You just gave away your complete ignorance right here. So irrelevant that we've been in the same middle-eastern quagmire for decades. Come on man, I'm legitimately trying to educate people like you so they don't end up in bread lines when the next recession hits. If you want to understand, start here
https://en.wikipedia.org/wiki/Petrodollar_warfare
>The petrodollar system originated in the early 1970s in the wake of the Bretton Woods collapse. President Richard Nixon and his Secretary of State, Henry Kissinger, feared that the abandonment of the international gold standard under the Bretton Woods arrangement (combined with a growing US trade deficit, and massive debt associated with the ongoing Vietnam War) would cause a decline in the relative global demand of the U.S. dollar.

I recommend reading William Clark's book on the subject. He might just happen to be a little more knowledgeable on the subject that we both are.
https://www.goodreads.com/book/show/95977.Petrodollar_Warfare#

[Anonymous No.14890174]

>>14890089
you are just proving me right. US dollar is the worlds reserve currency because USA has the biggest military in the world and euro is the secondary reserve currency because they have the second biggest military. Thats how the world works kiddo

[Anonymous No.14890196]

Is buying metal stocks the same thing as buying metal?

[Anonymous No.14890230]

>>14890174
holy mother of circular logic you can't be for real. no seriously, please take 5 min to read what I linked. leave your hubris at the door just this one time and realize the absurdity of what you just said. and thanks for tacitly acknowledging that the US treasury is bullying its way toward acceptance, that's half the debate. the second is to realize they have to do that to avoid another soft default.

[Anonymous No.14890236]

>>14882868
>Silver has some interesting medical uses...
Which one?

[Anonymous No.14890249]

>>14890196
Yes, except you don't actually own it.

[Anonymous No.14890267]

>>14890236
Silver underwear that you never have to wash

[Anonymous No.14890298]

>>14890230
the biggest military in the world is also backed by the biggest economy in the world. the only real fight of currencies is between dollar and euro. shitholes like Russia and China are hoarding shiny rocks because they have too shitty of an economy to back their currency.
Your shiny rocks are useless and offer nothing to the world, you are too dumb and naive to get this now but you will eventually get it if you aren't completely retarded

[Anonymous No.14890305]

Let's be real here, any investment that you have to wait 30 years to pull anything from is the real brainlet scam. Keep shilling your herd mentality and living a mediocre life.

[Anonymous No.14891083]

>>14890267
Effff aaFFF ?

[Anonymous No.14891430]

>>14889338
>Ah yes the whole "imagine how much human potential we could unlock if we pretend we have more money than we really do because only by cheating can we achieve our deluded utopia".
you're going off on some weird tangent. but yes, money is an abstract representation of human potential.
if you write someone an IOU to do some work for you, that promise written down on a piece of paper is what enables that work.
and if that work was an obvious investment like digging up and processing a gold mine you found in your back yard, it would be silly if you couldn't start the work because you didn't have any gold on hand.

[Anonymous No.14891844]

>>14890305
if you had 10% in metals 10% in 30 year bonds and 80% in stocks are you really a retard for not having 90% in stocks?
Rhetorical question.

[Anonymous No.14891930]

I'd rather own stocks than shiny rocks. I only seriously got into crypto because of Chainlink.

[Anonymous No.14891936]

>>14890305
i can agree with this anons statement

[Anonymous No.14892426]

>>14890236
Silevr has anti-microbial properties. With rise of antibiotic resistant drugs it will become important to use silver ion filters / coatings / etc in hospitals and whatnot.

[Anonymous No.14892547]

>Ah yes the whole "imagine how much human potential we could unlock if we pretend we have more money than we really do because only by cheating can we achieve our deluded utopia". Under a gold standard money is spent on things we need, not on things you deluded statists want. Your tower of Babel will have to wait this time.

Which is funny because the same leftists who think printing unending fiat creates a utopia are also the people who complain about things like muh "late term capitalism" which is essentially a result of trash monetary systems that they so ignorantly support.

[Anonymous No.14892765]

>>14889162

[Anonymous No.14892852]

>>14882824
You’re mentally retarded. Gold and silver will become reserves at banks instead of govt bonds and life will generally go on

[Anonymous No.14892866]

>>14892547
>leftists who think printing unending fiat creates a utopia
I assume you're talking about Modern Monetary Theory, which is not a left thing but it's own radical, fringe belief group and is definitely not the same as late stage capitalists which is just rebranded Communism.

[Anonymous No.14892876]

>>14884984
Redpill me further, anon.

[Anonymous No.14892951]

>>14892547
Everyday leftists are the useful idiot drones of the elite.

[Anonymous No.14893081]

500 oz silver
6k link
14 eth
40 ltc
other shit coins

am i gona make it? what you guys thin about Deutsche bank shit over the last dew days? really think silver will correct to 40+? should i pick up another 100 oz

[Anonymous No.14893470]

>>14893081
This will probably end up being a false breakout, but I could see silver getting up to $17-18 this summer before going back down.
If true this would be a great chance to swing trade some mining stocks just like last August to Nov.

[Anonymous No.14893778]

>>14890230
>and thanks for tacitly acknowledging that the US treasury is bullying its way toward acceptance
you make that point like you think economics wars wouldn't happen under the gold standard
https://en.wikipedia.org/wiki/First_Opium_War
>In the 17th and 18th centuries, the demand for Chinese goods (particularly silk, porcelain, and tea) in Europe created a trade imbalance between Qing Imperial China and Great Britain. European silver flowed into China through the Canton System, which confined incoming foreign trade to the southern port city of Canton. To counter this imbalance, the British East India Company began to grow opium in India, and smuggled it into China illegally. The influx of narcotics reversed the Chinese trade surplus, drained the economy of silver, and increased the numbers of opium addicts inside the country

[Anonymous No.14893830]

>>14882591
It’s a horrible investment. I buy gold to hedge my retardness and my appetite for high risk investments. Buying gold is like locking away my money forever because it’s so difficult to spend and a hassle in the ass to go trade back for usd show proof and then pay taxes. So really I buy gold so if I go broke I’m not broke ya see?

[Anonymous No.14894776]

>>14893081
500 oz is a pretty nice stack relative to your crypto. I'd get more link in your case. I've got 15k link and 60oz silver, I'm trying to get to 100 oz.

[Anonymous No.14895760]

>>14892876
https:// www.youtube.com/watch?v=VMCu9GWpgzg
Pretty damn extensive and seems very exciting.

[Anonymous No.14896131]

>>14895760
lol, this guy has been calling for the economic collapse since and shilling gold since the last recession. you'd get better investment advice buying a car from a car salesman.

[Anonymous No.14896942]

>>14896131
the recession never ended

[Anonymous No.14896977]

>>14882874
retarded fucking advice

[Anonymous No.14897054]

My first ever investment was gold back in 2008 just before the financial crisis.

Gold went up a lot in Australian dollars during that time due to the AUD crashing from 0.98 to 0.60 in a couple of months which cause gold to nearly double for me.

I sold in early 2009 and made a big profit. I started to get obsessed with gold and learning markets and trading. I'm still somewhat into financial markets but I feel like I've learned almost everything and been through every type of market cycle now and am a mature investor.

Anyway, back then I was a pessimistic type of guy, due to depression/anxiety, so naturally I was inclined to be a permabear. I would read all the gold shills spouting that the world was going to end and gold would skyrocket. I believed it and was constantly negative on the economy. I bought physical gold and silver and kept them in a safe. My gains were marginal. Meanwhile global stock markets kept trending higher despite the bad news from the gold shillers.

One example::

https://kingworldnews.com/

This website has constantly being saying the same things in articles on the front page "This really bad thing is going to make gold and silver go to the moon." Non stop for the past ten years. The gold shillers play on the minds of the pessimistic paranoid doomsdayers like I was at the time. Feeding their fear in order to get more sales.

I sold my entire physical gold and silver at the end of 2014 as I retired from working and needed passive income. I moved all my money into high dividend ETF's and have never looked back. I wish I did this in 2008 I would be far better off. But my perma-bearishness fueled by the gold shillers and my mental health held me back from real gains.

I'm not saying that the doomsday scenarios of the gold shillers won't come true in the future, as they make a very good case. But I'll deal with that when the time comes instead of wasting capital on pieces of metal.

[Anonymous No.14897465]

>>14897054
not all of us are retirement age gramps

[Anonymous No.14897511]

>>14897465
I retired at age 35

[Anonymous No.14897526]

>>14897511
sure you did, boomer

[Anonymous No.14897627]

>>14897526
I'm gen X, the superior elite tier generation, not the inferior boomer, zoomer, or millenial. Generation X are impervious to 4chan memes due to their inherent ascendancy and superiority. We are the master race.

[Anonymous No.14897695]

>>14897054
>I feel like I've learned almost everything and been through every type of market cycle now and am a mature investor.
>I moved all my money into high dividend ETF's
lol

[Anonymous No.14897739]

>>14897054
It doesn't hurt to ignore the doomsday people. However, that shouldn't stop anyone from investing in precious metals, either. I wish people like Peter schiff would cool it and stop trying to predict the movement of silver or the next financial collapse.

But again, none of those goofs should deter people from at least owning a small amount of precious metals.

[Anonymous No.14897740]

>>14897695
I don't care, about the price, all I care about is the dividend.

P.S. I'm retired on my dividend passive income. What about you? Still waiting for your shitcoin to go to $1000 so you can "make it"? I hope one day you can find that greater foo to buy you outl.

[Anonymous No.14897808]

>>14897740
nah, I'm retired too. but to say you've wised up to those gold shills and then brag about falling for dividend shills.
a certain amount of dividend bias is understandable for tax efficiencies but putting everything into it is an unnecessary about of sector risk and is probably hurting overall returns.

[Anonymous No.14897947]

>>14897808
I didn't fall for dividend shills, I've never even really seen dedicated dividend shillers on the same level as gold shilling. Dividends don't really need to be shilled, they sell themselves. I just find it the best method to get an income, with the lowest costs and relatively low risk. Also the gross dividend yield in Australia is around 7% after tax credits for high dividend blue chip companies. I can't find that type of return with low cost in other investments such as real estate for example.
Also I exaggerated about putting all my money into ETFs. I'm about 80% ETFs and 20% cash sitting on the sidelines waiting for an opportunity.

[Anonymous No.14898121]

>>14897947
>Dividends don't really need to be shilled, they sell themselves. I just find it the best method to get an income
oof, at least you can't hurt yourself too much with dividend investing
>20% cash sitting on the sidelines waiting for an opportunity.
big oof, hope your rich enough to support being that stupid. you'd probably do better just paying someone to manage your money for you at this point. though you'd probably hand your money over to some swindler so maybe not.

[Anonymous No.14898239]

>>14883204
Cost of transporting gear and material is too big.
Right now cost to bring 1kg to space (not back!) is like 20.000 bucks and even with better tech, it will likely stay in the four digits. So in order to even have a shot at breaking even one would have to do all processing and refining in space. Also, the previously quoted cost is only for reaching a stable orbit above the atmosphere. Probably it's multiples of that to reach asteroids and bring stuff back from them.

[Anonymous No.14898307]

>>14896131
You seem dense.
10 year periods
rule of 7
7.12% interest rate
every 10 years fiat circulation doubles.
what happens to the wealth?
What happened in 2001?

[Anonymous No.14898328]

>>14891430
>what is silver?
why are you retards talking about circulating gold? you should be talking about circulating silver. it's significantly more practical

[Anonymous No.14898345]

>>14898121
>big oof, hope your rich enough to support being that stupid. you'd probably do better just paying someone to manage your money for you at this point. though you'd probably hand your money over to some swindler so maybe not.

The great man himself has a huge cash position and growing.

>probably hand your money over to some swindler so maybe not.

Sorry, I don't buy crytpo.

[Anonymous No.14898426]

>>14893778
First off, you seem to have little grasp for the significance of the year 1913. Essentially every war since 1913 has been to recover the "debt" to the rothschild bank (revolution AND 1812) or to revitalize an economy (think Germany, which is the most obvious example. you can also take desert storm, Afghanistan, etc.,).
Secondly, wars have been fought throughout history, as far as we know today, for unending reasons. This is probably even more so the further back we go. So claiming that "war" does or doesn't happen for any particular reason doesn't make a whole lot of sense... until you study the last 100 years.
When was the last time England/UK was invaded?

[Anonymous No.14898477]

>>14898121
>>14897947
>hurr durr le boomer
give us three to five years, faggots.
you have no idea what's coming.
We already saved your kin. Now we'll make them rich.
Not only will we have a gold standard back and see it skyrocket, we're going to have tech like your generation never though possible... mostly because they were too retarded getting drunk and snorting lines off of degenerates.
Get comfy because things are about to extremely interesting.

[Anonymous No.14898541]

>>14889672
>just get your meds schizo
you need to follow that advice

>>14890298
>shitholes like Russia and China are hoarding shiny rocks because they have too shitty of an economy to back their currency.
China makes everything. Russia fuels it and is basically debt-free. You still think you're in control lol

[Anonymous No.14898612]

>>14898541
>china makes everything
and for this reason China keeps their currency intentionally low, to undercut everyone and stay competitive. Russia is a shithole though that would be poorer than India if they didn't have all those natural resources

[Anonymous No.14898680]

>>14882591
Seems like a better investment if you buy silver with your lawn mower money when your're in middle school or your first job then cash it out when you're 50 a 5x value

[Anonymous No.14898687]

>>14898345
>The great man himself has a huge cash position and growing.
for someone who claims to be an educated investor you should at least understand the differences between institutional investing and retail investing.

[Anonymous No.14898736]

> investment

kek, enjoy your shiny rocks being worthless in the next 50 years

[Anonymous No.14898758]

>>14884984
>Both metals are, as per the families, suppose to jump 400x+ post jubilee.
what is jubilee?

[Anonymous No.14898764]

>>14898477
I couldn't pretend to be this unhinged if I tried. you need to find yourself some psychological help. or good job trolling.

[Anonymous No.14898820]

>>14898687
Institutions might be able to negotiate a better price or special deal, but at the end of the day it's just buying shares in companies.

[Anonymous No.14898831]

>>14890305
>IRA’s are a brainlet scam
I think betting that taxes will still be a thing 30-100 years from now is a relatively safe bet.

[Anonymous No.14898891]

>>14898764
Give it a few months, retard.
While you've been covering your ears, closing your eyes and screaming for the past two decades, we've been hard at work. I can't believe any of you idiots thought we were just "playing those damn video games all day".
Unhinged? Look at the recent appointment to the FED.
https:// www.cnbc.com/2019/07/02/trump-to-nominate-judy-shelton-christopher-waller-to-the-fed.html
If you look hard enough, maybe you'll see what you're looking for you lazy retard.

[Anonymous No.14898908]

>>14898758
https:// www.minnpost.com/minnesota-blog-cabin/2012/07/jubilee-it-time-press-reset-world-economic-system/
Debt forgiveness
GCR
Gold shall destroy the FED.

[Anonymous No.14898938]

>>14882591
It's crazy to have 100% of your networth locked up in precious metals which seems to be pretty common among silver/gold-bugs. I keep around 1% as a shtf hedge and also because I like the aesthetics of them.

[Anonymous No.14898978]

>>14898938
who the fuck owns >90% of their networth in pm’s thats fucking retarded
>which seems to be pretty common
not even close
Everyone 10-20% hedges, anything over 30% is madman tier

[Anonymous No.14899069]

>>14898820
'special deals' doesn't do berkshire hathaway justice. they buy controlling share of entire companies and presumably work some magic with that power over the business. that alone is an entirely different ball game.
which doesn't even scratch the surface. the damning stuff isn't even a secret anymore. high frequency trading, internet front running, artificial intelligence trading, privileged information. it's naive to not know about this stuff and still think you've got an edge.

[Anonymous No.14899116]

>>14888038
this line of thinking is what caused the great depression

[Anonymous No.14899140]

>>14899069
>it's naive to not know about this stuff and still think you've got an edge.

I already know about all that stuff, as I said I got obsessed with finance back in 2008, spent a lot of my free time reading and learning for several years.

Right now I'm keeping my eye on a few indicators such as:

https://www.newyorkfed.org/medialibrary/media/research/capital_markets/Prob_Rec.pdf

[Anonymous No.14899171]

>>14899116

Not really. Do you know anything?

[Anonymous No.14899174]

>>14893081
180 oz silver
5 oz platinum
10k link
1.5k lit
1 ltc
0.5 eth for gas
0.00000000 btc

[Anonymous No.14899190]

>>14899116
based and fiatpilled

[Anonymous No.14899203]

>>14899116
Yeah, it definitely wasn't the installation of the FED, the income tax, or the war stimulus dying off. Oh, or most of the working age men having died in the war.

[Anonymous No.14899228]

>>14882863
And I'm going to be that local warlord my nigga and I'm gonna take your little golds and silvers and then shoot your dumbass. Get cucked faggot

[Anonymous No.14899247]

>>14899174
You just need 1k LIT anon
grab ONE with the remainder.

[Anonymous No.14899258]

>>14882824
>what is martial law
Do you know what an "Enemy Combatant" is?
Have you read any EOs since POTUS took office?

[Anonymous No.14899280]

>>14899140
the inverted yield curve? yeah, it's all over the news now, it's basically a meme at this point. not everybody can hit pay dirt following advice you could get following fucking Jim Cramer.

[Anonymous No.14899322]

>>14899280
That's one of the indicators I use, I gave that one because it is a basic one, the others I use I won't tell you about as they give me an edge.

[Anonymous No.14899363]

>how many of you actually believe silver and gold is a rational investment?

Let me be clear. Gold and silver is not an investment. It's a hedge against inflation and a store of value.

https://www.youtube.com/watch?v=fjhLp8AHAYc

[Anonymous No.14899371]

>>14899322
>I use I won't tell you about as they give me an edge.
sure, the guy who can't even bother to diversify his portfolio past a single market sector thinks he can time the market.

[Anonymous No.14899388]

>>14899363
very true.

[Anonymous No.14899489]

>>14891430
>it would be silly if you couldn't start the work because you didn't have any gold on hand.
no it wouldn't be silly. it means you do not have the means to extract it.

[Anonymous No.14899513]

>>14891430
>money is an abstract representation of human potential.
lol what? money is a concrete representation of wealth. if it were a representation of what I could achieve I'd be a fucking billionaire.

>it would be silly if you couldn't start the work because you didn't have any gold on hand.
No it wouldn't be silly. It would mean you do not have the means to extract it.

[Anonymous No.14899616]

>>14899513
what exactly do you think wealth is? what would $100 or a bar of gold represent on a deserted island? or on a Star Trek style ship with a holodeck and replicator that can create anything for free?
how exactly do you think you can create a billion dollars worth of value?

[Anonymous No.14899688]

>>14899616
Flawed logic. The very definition of wealth would change based on the various situations you describe. In one it would be the amount of food and water you possess, in which case that becomes hard money. In other it could be influence over other people in a given society etc. All of which can be stored into some form of money that will be accepted by other parties.

[Anonymous No.14899697]

>>14899616
you might actually be alright, boomer
but i'm probably just still new here

[Anonymous No.14899712]

>>14899688
wealth is determined by values one possess outside of the necessities to live.
wealth is an interpersonal representation of value
wealth is social energy
this is why wealth is so volatile depending on the situation. one has to TRADE wealth for its value to be determined. this is why that anon is correct about fiat. it's a medium for exchange of that social energy value.

[Anonymous No.14899759]

>>14899712
money != fiat money

[Anonymous No.14899785]

>>14899688
you somehow managed misinterpret a few questions I thought were strait forward.
I didn't ask what wealth is in those situations, I asked what money represents. as in you have some physical cash and gold in your hands, what do they mean to you.
and why would money or wealth give you influence over people in a situation when everybody gets everything for free.
>>14899697
thanks? but I think you have brain problems. if not gold and the fed you'd fall into some other crazy conspiracy theory.

[Anonymous No.14899792]

>>14899616
>or on a Star Trek style ship with a holodeck and replicator that can create anything for free?

[Anonymous No.14899851]

>>14899759
I don't see where I made that distinction.
>>14899785
I'm sorry to tell you, old man, but you've been covering your ears and closing your eyes for far too long.
Most of you don't even understand why they added the linguistic weapon "conspiracy theorist" in to your collective vocabulary.
It's hilarious to me that you schitzopost me for merely understanding history and basic economics. But, you'll learn soon, man. I promise.

[Anonymous No.14900578]

>>14898239
What exactly is your picture and how can I get one for myself?

[Anonymous No.14900582]

>>14882591
because its not

[Anonymous No.14900672]

>>14900582

[Anonymous No.14900693]

>>14900672
>needs to ignore half the graph to "make" his point

[Anonymous No.14900699]

>>14900672

[Anonymous No.14901104]

>>14899363
I just watched that whole video. Fascinating

[Anonymous No.14901139]

Practically, how does one SELL these metals? That seems to be the most important part - anybody can buy them. Do I have to go to some seedy pawnshop that will inevitably rip me off? Why would anybody buy 'used' coins and bars from me on the internet when they can get 'brand new' ones from the big companies?

[Anonymous No.14901238]

>>14899174
I never dealt with ETH based tokens. Didn’t put it together that you need ETH to send those tokens as well. Pretty fucking stinky for Link to be built on that foundation.

[Anonymous No.14901256]

>>14901139
Go to a local coin shop

[Anonymous No.14901258]

I would like to buy some gold for the purpose of being able to hide my wealth. You could get on welfare and have a big gold bar at the same time. Or get a divorce and the whore can’t take your gold bar from you cause it’s buried and there is no paper trail to prove it’s existence.

[Anonymous No.14901356]

>>14901238
.5 ETH would be enough for a lot of fucking transactions. It doesn't take much

[Anonymous No.14901397]

>>14901256
Do they buy from you based on the market rate? For example if I type on google 'price of a gold ounce' and it says $1,426, how likely is it that a coin shop will buy at that price if I hand them an ounce? Won't they be reluctant to buy if the price soars?

[Anonymous No.14901441]

>>14890174
>Europe has second biggest military
When the fuck has all of Europe done a joint mission? There’s no such thing as a European army
Americuck spotted

[Anonymous No.14901604]

>>14901139

You buy the metal at a site like BullionVault where you can sell it at market price anytime without getting fucked by local dealers that buy metals off dumbasses for 10% off.

The gold in gold ETFs isn't owned by you and physical gold that you store personally can get stolen.

Buy it from reputable source that stores it in a secure vault with your name on it instead.

And don't fucking buy gold as an "investment". It's a hedge against inflation, nothing more.

[Anonymous No.14901625]

>>14885532
To trade with people that don't need bullets.

[Anonymous No.14902302]

>>14882931
>silver moons harder than btc
what kind of brownish 40 iq subhuman shit you out in the 1950’s? it hurts to read such stupid thoughts.

[Anonymous No.14902324]

>>14883329
It’s not concentrated enough, you’d end up processing the whole moon to build a world power grid of the reactors

[sergey nazarov No.14902371]

>>14883962
it’s an autist not a bot. subtle difference

[sergey nazarov No.14902636]

>>14889672
Glowing bright, and triggering anons. Mixed feels.

[sergey nazarov No.14902899]

>>14897627
>What is ellipsism
Enjoy death foghot

[Anonymous No.14902949]

>>14899363
Really makes you think.

[Anonymous No.14903098]

I don’t even think asteroid mining would make this shit much cheaper.

[Anonymous No.14903683]

>>14899785
>you somehow managed misinterpret a few questions I thought were strait forward.
>I didn't ask what wealth is in those situations
No my point is that your question is nonsensical since wealth depends on the frame of reference you're in the begin with. I wasn't refering to your star trek example in the second example, I was using a case where wealth doesn't just come from basic commodities. At every level you have to ask: what makes an individual self-sufficient and able to satisfy his needs and want? Money is the tradable and concrete crystalization of that property. It can be food, ammo, jewlery, or in your last example, technical books on how to run the ship. Fiat money would be an additional layer of abstraction that doesnt contain that intrisic value of wealth propagation.

[Anonymous No.14903735]

>>14900693
He's not ignoring half the graph, he's proving that real money holds its value vs fiat money. The other the instruments are derivatives of the latter, of course they can perform better - but they're only as sound as their underlying.

[Anonymous No.14903811]

>>14903735
>ofcourse you can perfom better by not holding gold but why would you?
goldtards really love being poor

[Anonymous No.14903855]

>>14903811
>what is portfolio diversification

[Anonymous No.14903865]

>>14903855
you diversify by buying stocks from different sectors and different countries, you diversify by buying bonds from different countries. shiny rocks are useless and produce nothing, only retarded schizos and pajeets buy them

[Anonymous No.14903905]

>>14900693
>Half of the graph is showing gold backing up the value of the dollar, but after decoupling in the 1930s gold is independent of the dollar now
I didn't know you made your money pre 1930 anon

[Anonymous No.14903919]

>>14903865
Seriously if you can't understand having 5% of your portfolio in gold/silver you seriously are gambling on something jm bullion seems to know more about than you on.

[Anonymous No.14903929]

>>14903919
JP Morgan*

[Anonymous No.14903967]

>>14903865
the whole point of this thread is discussing a hedge against fiat money, and you're telling us you can diversify by buying other assets all backed by fiat. you don't hedge fiat with fiat. if you can't comprehend that 3rd grade logic why are you still here? how does it feel to be part of the overextended retards ray dalio is referring to?
https://seekingalpha.com/article/4275729-paradigm-shifts
>in before most successful hedge fund manager in the world is a schizo

[Anonymous No.14904019]

>>14903967
gold is backed by fiat too moron. you literally posted me a hedge fund manager that is using fiat to pump metals. its amazing how you retards can be so dumb and schizo at the same time
>>14903919
buy some jp morgan stock then, surely they know better than you

[Anonymous No.14904064]

>>14904019

JPM is the biggest owner of Silver and Silver ETF’s. Why do you think Warren Buffet bought 200 billion of a JPM stock?

[Anonymous No.14904077]

>>14904019
>gold is backed by fiat too moron
Gold will always be valued in whatever currency is most common. You're failing to understand basic principles and thus you're creating this strawman to throw your ignorant positions at. At this point with your name calling you're behaving like the retards who try to fud crypto here for free.

[Anonymous No.14904080]

>>14904064
so buy JPM stock buddy, if these guys are so smart you wont lose right?

[Anonymous No.14904088]

>>14904080
What good is stock if the market turns to shit? How's that fiat treating you in a recession? Oh many I love turning 50 into 5!

[Anonymous No.14904095]

>>14904080
Also, Crypto is far more lucrative, why aren't you telling us to invest in crypto if all you really care is pure gains? You're a weird kind of pseudo-intelligent person...

[Anonymous No.14904107]

>>14904077
learn how markets work buddy. gold, silver and any other commodity can be pumped with cheap money the same way stocks are. gold price is heavily inflated by speculators. your shiny rock isn't special and never will be, at the end of the day it produces nothing, if it wasn't for the small market of jewlery it would be completely worthless

>>14904088
what good is gold if the gold market turns to shit? gold crashed 10 years ago and still hasn't reach its ATH
>How's that fiat treating you in a recession?
thanks for proving how ignorant you are. fiat actually goes up in value during recessions
>>14904095
when did I say you should invest in crypto dumbass? retards with no arguments can only use strawmans to make a point

[Anonymous No.14904126]

>>14904107
>your shiny rock isn't special and never will be, at the end of the day it produces nothing, if it wasn't for the small market of jewlery it would be completely worthless
Your complete lack of knowledge means I'm not going to treat you seriously anymore. Consider this my last response to you, as only someone with ill intentions or an absolute fucking moron would see gold/silver/platinum/palladium as having zero use beyond jewelry. You are a child no doubt, or at least a child in a 20 year old's body who thinks he knows how the world works. You will eventually learn even if you miss some obvious signs like silver's undervaluing and price manipulation.

[Anonymous No.14904148]

>>14904126
>retard schizo doesn't have any arguments and leaves
as expected lmao. you forgot to tell me the classic goldschizo line "the world is gonna end any moment now you gonna see I was right!!!!"
you retards really are mentally ill

[Anonymous No.14904202]

>>14904019
>gold is backed by fiat too moron
you do not understand what "backed" means. please save yourself from further embarrassment. fiat currency is meant to be pegged to / backed by hard money. that's why old dollar bills used to say "redeemable for an ounce of gold". gold is *denominated* in fiat currency, not backed by.

>what good is gold if the gold market turns to shit?
gold market turns to shit when there is a higher demand for cash. and vice versa. the latter case being the situation this thread is about. seriously get some help man this is retardation level of reading comprehension.

[Anonymous No.14904235]

>>14904202
you dumbass obviously don't even know how markets work. Gold is being pumped by fiat, the only reason gold has any value is because its being bought by fiat. Try to educate yourself in how markets work before embarassing yourself kiddo

[Anonymous No.14904426]

>>14899116
>what is keynesian economics, derp

[Anonymous No.14904500]

>>14904235
now he's switching "backed" by "pumped". ffs you're quite something. literally getting lost in his own word salad as he realized he's cornered himself into nonsense. yes you typically don't buy gold with gold.

[Anonymous No.14904608]

>>14904500
the only value that backs gold is that its shiny and pajeets and women like to wear it. the rest of its price is being pumped by cheap money and retarded schizos like you.

Stocks aren't more backed by fiat than gold is, you can only buy both with fiat, you can pump both with fiat, you can use printed money to pump gold, you can use cheap debt money to pump gold

you retard really have not a single clue on basic economics and markets, you can only spew retarded schizo conspiracies. keep embarrasing yourself kiddo

[Anonymous No.14905019]

>>14904608
Damn you're dumb as shit

[Anonymous No.14905046]

>>14905019
what a surprise, another non-argument by a 40 IQ moron

[Anonymous No.14905542]

>>14903683
>Money is the tradable and concrete crystalization of that property
a paper with print that says "this coupon redeemable for 1 pizza at X business" would be a representation of property. given a specific amount of gold/silver you wouldn't be able to tell me if it was enough to exchange for something without checking market prices of both. realistically, most businesses aren't going to take your gold just because it's too much trouble despite being "tradable and concrete crystalization of that property"
>I was using a case where wealth doesn't just come from basic commodities. At every level you have to ask: what makes an individual self-sufficient and able to satisfy his needs and want?
this line of thought isn't actually far off, but it's all the same frame of reference whether you like it or not. you can take some USD or the equivalent amount of gold and buy a burger, or be in some shit hole country and buy two of the exact same thing for the same amount.
or you could be willing to part with all of your gold for a bottle of water while dying of thirst in a desert, but suddenly it starts raining and the deal is off. the value of money comes from the relative supply of everything else, there's nothing concrete about it.

[Anonymous No.14905624]

>>14904608
Very valuable for electronics.

[Anonymous No.14905644]

It's going up again.
$18 EOM.

[Anonymous No.14905679]

>>14882591
The only thing with an 'S' in it you should be considering is SNTVT.

[Anonymous No.14905693]

>>14898820
>what is market share
>>what are economies of scale
>what are equity positions
Anon i....

[Anonymous No.14905696]

>>14905624
the amount used in electronics is very miniscule, a computer has less than a gram of gold, the plastic in a computer is probably worth more than its gold

[Anonymous No.14905753]

Bitcoin maximalists are betting on the collapse of fiat.
Goldbugs are betting on the collapse of civilization and infrastructure as a whole.

I find the goldbug outlook to be rather bitter and antisocial.

[Anonymous No.14905797]

>>14905753
BitCoin is fiat and is even more inherently worthless then paper money

[Anonymous No.14906187]

>>14905753
If I turn my fiat into gold, I know that my wealth 100% exists. If I turn my fiat into crypto, I'm gambling. If I keep my fiat as fiat, I am also gambling albeit it's a safer gamble.

[Anonymous No.14906210]

>>14905753
no we don't.
the fucking government will buy our gold for the fleshy new currency after the reform for a way better ratio than the old fiat

[sergey nazarov No.14906429]

>>14905797
has it been? now that those who held early have amplified their fiat holdings/ traditional portfolios x10000? i’m pretty sure that makes your argument good on paper only. the point of crypto has always been fast profit, at least since the first pumps that receive mainstream news coverage in 2011 (I think it was to 30$)

it’s only pointless if you can’t win (brainlet)