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/biz/ - Business & Finance


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15873696 No.15873696 [Reply] [Original]

Is buying gold a fucking meme, iv been so manipulated to think gold is a boomer way of storing value and it not as profitable over time as btc is.
So seriously is 1oz of gold better than buying 0.15 btc?

>> No.15873702

>>15873696
better to own both

>> No.15873705

>>15873696
Is gold going to $1 million in the next 2 years?

>> No.15873718

>>15873696
Buy silver then when it balances trade into silver

>> No.15873743

gold is a shit investment that earns you no passive income. if you want a "store of value" short term bonds are the only proven method, thats different than an investment such as stocks or crypto

>> No.15873764

>>15873705
yes it is.

>> No.15873768
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15873768

>>15873696
Always remember that advice is free, and everyone will be more than happy to give it to you. More importantly ask yourself, what kind of person is giving you that advice? I took the advice of many people, all of which are losers. Now I realize this truth, do not take advice from anyone less successful than yourself in whatever you're seeking it in. The advice people give you is often a reflection of their own life's path, so tell me anon. Who are the people shilling you gold? Who are the people shilling you BTC? Which of these two groups do you think will be more successful from those respective holdings. Have you ever heard of a man becoming rich because he held gold for 20 years?

I sure haven't. Now fuck both of those options and go all in on Link while you still can afford a modest stack

>> No.15873773

>>15873768
but link are hold by neets and nazi, what does that tell u?

>> No.15873788

>>15873773
link is clearly racist and nobody should own any, thank you for showing me the error of my ways market selling my stack as we speak

>> No.15873792

>>15873764
Exactly, so buy equal amounts bitcoin and gold

>> No.15873815

>>15873788
Nah it's not racist it's just fucking gay pump and dump dangling carrot on a stick with bullshit hype perpetually until retards realize that it does nothing and nobody is using it or will ever use it

>> No.15873836

>>15873696
buying metals is just a bet on the fiat system collapsing. Easy 1000x if it does but it could be tomorrow or 50 years from now if ever

>> No.15873864
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15873864

>>15873815
>A pump and dump with over $20M daily volume with every large organization on the planet trying to involve themselves in this new technology

>> No.15873931

Rome was not built in a day or even by one emperor. Gold is always a buy

>> No.15874030

>>15873864
Lol @ fake volume

>> No.15874156
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15874156

Jews love gold because (((jewelry))) allows them to collect the stuff so they can eventually send it back to their home planet of nibiru as it’s necessary to maintain their environment system. Don’t believe me? Too bad. You’ll soon be a slave in the mines.

>> No.15874166
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15874166

Jews love gold because (((jewelry))) allows them to collect the stuff so they can eventually send it back to their home planet of nibiru as it’s necessary to maintain their environmental atmosphere system. Don’t believe me? Too bad. You’ll soon be a slave in the mines.

>> No.15874938

>>15873718
why is it so important to balance the ratio between gold and silver?

>> No.15875035

>>15873864
>new technology

>> No.15875084

>>15873696
gold is an underperforming asset. its a good hedge against inflation but it will never make you rich

>> No.15875173

>>15873768
>Have you ever heard of a man becoming rich because he held gold for 20 years?
ye some greek dunno how "rich" he was

>> No.15875191

An analist on a ETC said on youtube that gold can do a x10 if we return to the gold standard.
He also said to buy bitcoin (so he's based)
He didn't mention silver.... g-guys silver is stil a buy r-right guys?

>> No.15875721
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15875721

>>15875191
Yes, silver is a buy

>> No.15876163

Why don't you faggots realize that metals -> keeping your value. It rises in fiat only due to inflation, the key is PROTECTING your assets. If you "invest" into PMs and try to make a quick buck then you are greatly mistaken.

>> No.15876196

If you could keep your gold yourself it would be smart. Never trust government or banks.

>> No.15876368

>>15875721
The fuck? I'm not a burger, explain to me what happened in 1933.

>> No.15876878
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15876878

>>15876368
Roosevelt new deal intervention into economy post poned the correction cycle and at the same time costed a lot of tax payers money, through gold the population was long time investing/ protecting their savings which was not the goal of the New Deal had set. In their brilliant plan they needed the population to consume and they started confiscating gold so they could pump money into government budget and continue the new deal. Ask any American and if they are not an Austrian economist or Ron Paul supporter they will praise Roosevelt as the greatest president. In reality all he did was set a way for fiat system, a stronger central bank and Keynesian economics which have been implemented in the entirety of the western civilization. These were the worst crimes of the 21 century against the western world .

>> No.15876886

>>15876878
20th century*

>> No.15876901

>>15876163
This. Gold isn't an investment, it's an inflation hedge.

>> No.15876916
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15876916

>>15876368
And im Baltic

>> No.15876920

>>15873696
gold is not an investment it's insurance
it will cost you money (purchasing power) to hold it.

bitcoin is an asset with a non-correlated asymmetric growth profile driven by mathematically governed scarcity. it will definitely out appreciate any other asset class over time.

>> No.15876953

>>15873768
Gold went from $500 to $1900, so if someone held $200,000 worth he could have retired.

>> No.15877312

>>15873696
that you even have to ask this says volumes about the absolute state of this god forsaken board

>> No.15877766

No.
The dollar(or whatever your shit currency is called) is a meme.
Imagine working all week just for some pieces of paper with numbers on them and then have the government instantly take a cut.
Yeah no thanks, I'd rather civilization collapse.

>> No.15877838

>>15876878
Based. FDR should go down in history as the biggest traitor to the United States. He completely fucked everything over for short term results. Change your time preference, faggots.

>> No.15877840
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15877840

>>15874166
Not sure if you're being ironic but if you're serious, let me explain why I always had a problem with the Nibiru theories:

If the inhabitants of Nibiru NEEDED gold to survive, why would they not just use their advanced technology to just take it from us? Why the secrecy?

If their technology is so advanced, why would they need human slaves to mine them? The Nibiru theory is so bizarre and irrational. Basically it's the quintessential schizo theory, right next to the reptilian theories.

>> No.15877977

>>15877840
If they can do those things, why not just mine asteroids? Kek why do they need it from here?

>> No.15878013

>>15877977
maybe this too. Anyways Nibiru theory is idiotic.

>> No.15878033

No it’s not, n
But you need to stop listening to boomers screeching about gold standard. The gold situation is that every ten years the price doubles or triples. It is unlikely America or other first world nations will fall in this current globalist trajectory, those outcomes are a century or two off. This means that the federal reserve will be installed for your entire life, meaning gold doesn’t back shit currently outside of maybe a potential Chinese backed fiat. The point here is that if you want to wait ten years for a 2-3x then go for it, it is the safest your money can be, sort of like silver but safer than that. But if you want money fast choose crypto. Does this make sense brainlet?

>> No.15878091

>>15877977
>>15877840

Because they are religious. And cannot do goy work. Spiritual parasitism is the only option for them legally. The same as only eating kosher or halal.

>> No.15878370

>>15878091
If they cannot do goy work, why not use their advanced space technology to do the work?

I thought they would like to have as much gold as possible? Why use human slaves at all?

>> No.15878799

>>15874156
based & enkipilled

>> No.15878855

>>15877840
>why would they not just use their advanced technology to just take it from us?
Like how? It's in the ground. Someone has to mine it, refine it and package it.
>If their technology is so advanced, why would they need human slaves to mine them?
"If human technology is so advanced, why don't they just drill the ocean floor for oil"
Earth is a hostile environment. Same reason no one extracts resources from hostile environments.

>> No.15878957
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15878957

>>15878855
These dudes can easily travel through space yet they don't have technology to at least make drones/robots to mine and process these metals?

Hell, even humans are starting to come up with such technology.

>> No.15879079

>>15875191
>gold can do a x10 if we return to the gold standard.
This is why gold is vastly superior to silver

>> No.15879101

>>15878957
Similar to how close we are to getting "cold fusion" tech - for 30 years now?

>> No.15879127

>>15879101
If these Nibiru guys had advanced technology for thousands of years before we learned to play with sticks, I don't think we should worry about their abilities to do things without human hands