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15964363 No.15964363 [Reply] [Original]

its not like the us government is going to default in your lifetime anyways. seems like a boomer meme scam

>> No.15964413

>>15964363

Regardless of the default it's a good hedge against the impending crisis plus makes up for low confidence in hardtimes. When you can physically look at your wealth, it does give you a moral boost.

>> No.15964443

>>15964413
It's not a good hedge against recession or a crash. With an economic downturn silver demand will drop, and people have to sell their precious metals to cover losses from other investments. Both create downward price pressure.

It's only good to hedge against inflation.

>> No.15964467

>>15964443
hmm i see. i dont see a point in owning much metals, stocks are a better hedge against inflation

>> No.15965072

>>15964363
>its not like the us government is going to default in your lifetime anyways.


You don't know this

>> No.15965085
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15965085

>>15964363

>> No.15965121

>>15965072
true, but I’m also not a schizophrenic retard

>> No.15965154

>>15965072
Its literally never happened

>> No.15965160

>>15964363
Look into what's been going on in the repo market

>> No.15965176

>>15965154
And people said Trump would never be President. Never say never.

>> No.15965854

>>15964443
Protip: its also a bad hedge against inflation
Its basically useless

>> No.15966265

If you're all in crypto you're deluded...

>Gold has spiritual / religious significance. As does silver.
>It will never be worth nothing. If you don't own at least some along with your crypto, you're a retarded manchild who hasnt seen the real world.
>technology is so finnicky and prone to error and viruses, gold is literally the just works of wealth.
>Don't just fuck with bullion, buy HISTORY; antique coins, old jewelry etc.
>I personally love collecting antique sterling silverware and I use it in my household.
>Fucking plebs eating with your poisonous Chinese stainless steel Ikea trash,
>Fun tip; if you leave dirty water in a silver goblet for over a day it will disinfect it, silver is anti microbial. The kings actually used silver instead of gold eatingware for this reason.
>The real "ELITE" don't invest in stocks and crypto garbage
>They buy historical artifacts
>Michaelangelo paintings royal jewelry etc.
>That holds REAL wealth and value.
>You're welcome for this valuable advice zoomers.

>> No.15966290

>>15966265
I don't have 10s of millions to buy historical art work with.

>> No.15966317

>>15966265
boomer rocks are a good diversification once you've made it
barring a literal world collapse (you can judge how likely this is), you will never make it buying boomer rocks though.

most people on here have no reason to buy boomer rocks because they're investing tens of thousands at most.

>> No.15966322

>>15966265
art is in a huge bubble about to pop, that includes historical art

>> No.15966331

>>15966322
How does an art bubble pop? Do people take loans out to buy art?

>> No.15966367
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15966367

>>15966290
There are collectibles and antiques of every price range retard.

Heres a perfect example.

You get the benefit of silver value AND historical value, any old cpins will only get rarer and scarcer.

You can buy silver Nazi reichmarks etc.

Save it for 30-50 years etc, or let your kids inherit it etc.

They weren't worth shit 50 years ago.

But be very careful with coins because the faggot nigger subhuman Chinese scum fake everything.
Seriously I like jews and nigs 1000x better then Chinese. At least Jews are more cunning and nicer about fucking people over.
Are you guys sick of MADE IN CHINA garbage yet??

>> No.15966394

>2 post by OP
>retarded question
>14 retards reply

>> No.15966403

>>15966317
Dude there's no cons to buying 1 fucking ounce of silver a month. The daily wage of peasants since Roman times was 1/10 oz for a days work. Let that sink in and think about it. Unlike crypto silver doesn't require any resources to upkeep. Your all in crypto stack can crash to 0 any time : all it takes is a world event, a simple tweet about link etc.

It just doesnt hurt dude...

Gold is the money of Kings.
Silver is the money of the people.
Debt is the money of slaves.

>> No.15966419

>>15966394
>retard takes his time to make a post stating the obvious
>nothing constructive
>somehow feels superior
Spotted the only retard here

>> No.15966470

>>15964363
Well.. It's my own personal opinion but I think the consolidation is already over for gold and silver.
I took out my profit and am re-investing in other projects with potential.
Project which I'm looking at right now is called Ultra io, they are building a gaming ecosystem and wants to compete up against the giants in the gaming industry Steam and G2A.
This could actually become something really big if the team executes everything right.

>> No.15966612

>>15966367
*sip* yup

>> No.15967349
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15967349

>>15966612
Guess I'm a 20 year old boomer ehhh.
I own crypto and pms..
I guess some of you are so autistic you can't realize the entire world was built on gold and silver.. Real wealth, crypto is experimental and can be replicated with a *click* - creating money out of thin air. Gold is eternal just like the light of the sun / son.

>> No.15967668

>I don't understand? Why do people buy lottery tickets. It's not like you'll find a winning ticket within your lifetime.

People need hopes and dreams