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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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15566961 No.15566961 [Reply] [Original]

aaaaaaaaand we are back! Thanks super mario

>> No.15566996

Feels good man

>> No.15567002

>>15566961
European central bank just officially announced negative interest rates

>> No.15568156

>>15567002
“Just”

>> No.15568609

Nice past week of consolidation in the low 18 range and let the charts cool off it was way overbought. Next leg up should be a good one to push us into the 20 range.

>> No.15568712

>>15566961
Bought in the (slight) dip.
Feels great to be a metal hoarder whilst I wait to buy crypto again.

>> No.15569320
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15569320

silver CHADS

>> No.15569683

pms in euro are crashing, i cant believe this

>> No.15569870

>>15569683
most of that money is gonna pump their stocks= fiat gainz
>extra bullish on PMs

>> No.15570244

>>15566961
Dead cat bounce. We are going to $1.00/oz. COPE

>> No.15570248
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15570248

>>15570244

>> No.15570260

>>15570244
i wish

>> No.15571249

>>15569320
>THE SUPREME CURRENCY
>t.eliot roger

>> No.15571266
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15571266

>>15570244
the last time the bitch crashed it primed itself for takeoff during 2008
We going to at least $100 when this QE jewish shit hits the fan and the Chinese/Japanese dump all US treasuries

>> No.15571277

>>15571266
Only difference is it will stay there. Once the goys realize they are being charged to keep their goy bucks in the bank they will empty that shit so fast and cause Ultra Mega Depression Part 2 Electric Boogaloo Brought to You in Part by /pol/

>> No.15571441
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15571441

How low will it go before the big bull starts?

>1100oz of silver plus some gold
>commerce business appraised at ~$1m that I can't sell for 6 months. Planning to put 80% into PMs if there's a nice dip

>> No.15571524
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15571524

>>15566961
KEK making money in traditional markets is so faggy. I went allin on VID and UOS and not regretting it

>> No.15571578

>>15571524
Says the 16 year old who lives with his mom.

$500 doesn't count as "all in"

>> No.15571784
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15571784

we're not back though, unless you mean back to comfy crabbing.

>> No.15571791
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15571791

>>15571441
>all that metal yet only 2 coins
not going to make it

>> No.15571795

>>15571266
the first arrow is a stretch to be fair

>> No.15571958

>>15566961

It's called crabbing and it happens on a downtrend before a huge drop. In crypto this happens like once every 2 years per token. It's going down, buy physical not paper if you have to.

>> No.15571972

>>15571791

Those fake litecoins always crack me up, they cost like 3 dollars and are made with some cheapass metal coated in silver.

You can probably make money selling these to boomers as LTC.

>> No.15572037
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15572037

>>15571791

>> No.15572041

>>15572037
I've got my eye on a few of those. Waiting for the price to go down.

>> No.15572048

>lesser cuckrock

>> No.15572055
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15572055

im not doing so good over here

>> No.15572060

How do you guys feel about the bullshit 28% capital gains tax on metal?

Never see it mentioned here

>> No.15572078
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15572078

>>15572060
try making your script output more colorful text.

>> No.15572083
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15572083

>>15572078

>> No.15572084

>>15572078
meant for >>15572055

>> No.15572092

>>15572055
are you a hacker?

>> No.15572123

>>15572060
Cap gains always sucks, but I THINK the step up rule also applies to precious metals, which is good for the long term planner.

Step up rule for those who don't know...

... normally, when you sell a stock, you have to pay capital gains on it. So if you bought for $20 a share and sold for $100 per share, the profit (the 80$ per share) is taxable.

... the exception to his is if you hold on through your death. In that case, your heirs get the stock, but their cost basis is the price of the stock on the day you die, and not the price you paid for it.

... in other words... if your heirs turned around and sold it for $101, only $1 dollar would be taxable (101-100).

If the step up rule applies to precious metals, then you could accumulate for your whole life, and then pass it off tax free to your heirs when you die.

>> No.15572164
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15572164

>>15572092
no, that guy has green letters in his CMD

>> No.15572257
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15572257

>>15572060
good countries have exemptions. The UK and Canada both have certain exemptions from cap gains tax. US being the least free nation in the world might not have any such exemptions, but look into it.

>> No.15573156

>>15566961
It feels good to be right. I can't get enough of it.

>> No.15573991
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15573991

>>15572037
open your empty box, loser

>> No.15574176

Converted all my silver into gold eagles today. Fuck silver.

>> No.15574236

>>15574176
>simultaneously buying a top and selling a bottom
Never change /biz/

>> No.15574294

>>15574176
how do you chemically change silver into gold?

>> No.15574313

>>15574294
I sold it you clown who's buldging ballsack contains nothing but retard juice

>> No.15574316

>>15574294
You go to the local coin shop and ask for the alchemist. Give him enough silver and he will make that in to gold. Cool, right?

>> No.15574355

i have just been buying start packs from sites. i have 60 oz silver. will i make it

>> No.15574358

>>15574316
Don't believe this anon. Everyone knows that you can't create gold from silver, you create gold from lead.

>> No.15574388
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15574388

>>15574358
shut the fuck up

>> No.15574398

Aaaannnd i sold all my junk kennedys, walking libertys, and Ben for bitcoin

>> No.15574483

>>15574355
No, reselling silver is horrible. Buy gold and sell all that silver.

>> No.15574504

>>15574398
I literally sold all my silver & 90% silver for gold today. Kept 1 mercury dime, 2 fantastic old but perfect condition morgans, 2 sexy silver rounds with naked girls on em, a 1/4 gold eagle, 2 of the 1/10 gold eagles, and a peace dollar

>> No.15574592

>>15574483
Buy stuff like ASE's, brittania bars, maple leafs, 100oz bars (Johnson Matthey or RCM) you can resell online.

You lose about 7% when it's time to sell, and then there's the 28% capital gains tax. You have to really be in it for the long term.

Gold is way better for resale, Europeans and whales, but silver is more undervalued overall.