/biz/ - Business & Finance

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PM Anonymous Mon Sep 9 22:16:53 2019 No.15541848 [Reply] [Original]

Precious metals are not a get rich quick skeem. They are not stocks they are a way to protect against inflation, or save for years at a time. You can not predict the market.

The rescission happened in 2008 (when you zoomers where poo poo pee peeing into your diapers) and silver peeked in 2011, gold in 2012. 3 and 4 years after the worst down turn since the Great Depression. 100 a ounce silver will never happen in your lifetime if it does it will last a few days due to market fuckery.

>>	Anonymous Mon Sep 9 22:23:42 2019 No.15541894 when moon? when lambo?

>>	Anonymous Mon Sep 9 22:25:37 2019 No.15541905 Silver is headed to $300-500 an oz according to Bo Polny. Once there is a currency reset gold and silver will sky rocket

>>	Anonymous Mon Sep 9 22:28:03 2019 No.15541917 File: 245 KB, 1080x2340, Screenshot_20190904-193153_Chrome.jpg [View same] [iqdb] [saucenao] [google] >>15541848 Nah, we're going sub 10 again

>>	Anonymous Mon Sep 9 22:29:06 2019 No.15541924 >>15541917 Oops, meant for >>15541905

>>	Anonymous Mon Sep 9 22:29:48 2019 No.15541931 T-bills are a better protection against inflation

>>	Anonymous Mon Sep 9 22:35:06 2019 No.15541960 >>15541931 >T Bills >from a goverment that keeps increasing the debt ceiling and will either default or sell every citizen into slavery

>>	Anonymous Mon Sep 9 22:40:33 2019 No.15541993 I just stack as a way to save money

>>	Anonymous Mon Sep 9 22:41:26 2019 No.15541999 >>15541960 yeah have fun in your barbed wire encrusted cum-shack as you die alone

>>	Anonymous Mon Sep 9 22:42:33 2019 No.15542007 >>15541931 Except they literally have negative yield at this point retard Buy gold and silver before it’s too late

>>	Anonymous Mon Sep 9 22:42:38 2019 No.15542009 >>15541848 The bitcoin climax of the last bull didn't last long once futures came out. Bitcoin is controlled now. If you think it's going to fly, you're too late now. Should have bought some prior to 2014.

>>	Anonymous Mon Sep 9 22:42:43 2019 No.15542010 >>15541999 Have fun buying bonds while you rot in an elderly home you low grade boomer

>>	Anonymous Mon Sep 9 22:46:27 2019 No.15542030 File: 71 KB, 750x863, 1565111912840.jpg [View same] [iqdb] [saucenao] [google] >>15541917

Anonymous Mon Sep 9 22:48:44 2019 No.15542045
File: 60 KB, 687x800, TV.jpg [View same] [iqdb] [saucenao] [google]

>>15542009
I would argue that Libra Coin is going to kill all crypto, including Bitcoin.

Yes, there will be some hold-outs; mostly people who are distrustful of the government, or those who need to keep their transactions "off the books"; but for a vast majority of users, all they care about is convenience and security.

And with Libra backed by mastercard, paypal, facebook, visa, ebay lyft, uber, vodafone and a handful of others; it will wipe out any dream of utility for the other coins.

History teaches us that "first to market" doesn't mean anything in the long run. Yes, it gives a company or product a head start, but it does nothing for the long-term potential of a company. Connections do.

For example, this is a Telefunken TV set. They were first to the market. When was the last time you or anyone else you knew bought a Telefunken TV set?

Anonymous Mon Sep 9 22:53:39 2019 No.15542070

>>15542045
Actually agree with this mate. Look at all the energy going into Libra and how it will be regulated. Facebook sucks, but it's the leading social media website not named Twitter. Users will be able to send money to each other and billions use Facebook. The first isn't always the best. Bitcoin isn't even decentralized like it used to be before the big boys came in. That includes before Coinbase. Bitcoin was the most useful when Silk Road first started.
>for a vast majority of users, all they care about is convenience and security.
Bitcoin has security, but it is not that convenient. It can't scale to hold as many users as Facebook has if all those users simultaneously sent money to one another. It will revive the digital peer-to-peer cash model. It will be centralized to hell, but all good things must be regulated.

>>	Anonymous Mon Sep 9 22:54:41 2019 No.15542075 >>15542030 >ross from friends Go back to facebook faggot

>>	Anonymous Mon Sep 9 22:55:39 2019 No.15542083 File: 20 KB, 249x249, 79285051.jpg [View same] [iqdb] [saucenao] [google] >>15541848 >MUH DOOMSDAY RECESSION IS UPON US no it isn't. take your meds, faggot

>>	Anonymous Mon Sep 9 22:56:49 2019 No.15542091 >>15542070 >all they care about is convenience and security. They want fast, cheap, and with ability to charge back/refund

>>	Anonymous Mon Sep 9 23:03:42 2019 No.15542130 File: 21 KB, 480x480, 1563298684362.jpg [View same] [iqdb] [saucenao] [google] >>15542075

>>	Anonymous Mon Sep 9 23:45:38 2019 No.15542407 >>15541917 CUP

>>	Anonymous Mon Sep 9 23:48:31 2019 No.15542422 >>15542091 Time to break Facebook goys

>>	Anonymous Mon Sep 9 23:57:01 2019 No.15542469 >>15541848 >100 a ounce silver will never happen in your lifetime you must not plan on living long

>>	Anonymous Tue Sep 10 00:40:52 2019 No.15542686 >>15542130 Dude you used a friend meme. You're, clearly the retard.

>>	Anonymous Tue Sep 10 00:55:36 2019 No.15542758 File: 27 KB, 300x100, 200.jpg [View same] [iqdb] [saucenao] [google] >>15542686 >>15542130 wow, battle of the brains over here

>>	Anonymous Tue Sep 10 01:14:32 2019 No.15542852 >>15541848 >you can not predict the market >proceeds to predict the market Congrats retard on the Down syndrome post of the day

>>	Anonymous Tue Sep 10 02:02:38 2019 No.15543058 File: 21 KB, 615x409, C904EFBC-5549-4B79-A2E4-DAF67979ED6E.jpg [View same] [iqdb] [saucenao] [google] >>15542852 >you can’t >YOU This is you

>>	Anonymous Tue Sep 10 02:27:12 2019 No.15543150 >>15542130 we see that all the three posters are you retard.

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