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16534678 No.16534678 [Reply] [Original]

>200,000 metric tones of Gold has ever been mined throughout history
>if you were to equally give every person on earth 1 Troy ounce of gold you’d be nearly 2 billion Troy ounces short
>gold reserves are drying up
>everybody is accumulating as stealthily as possible
>under water mining is not proven to yield gold
>asteroid mining makes zero economic sense
>gold will only boom as we become a cash-less society and governments all create their own crypto coins

>> No.16534731

>>16534678
Barbaric relic.

>> No.16534739

>>16534678
Fiat is superior as a currency because it doesn't have the supply problems gold has, and less computing power is required for transactions than crypto.

>> No.16534744

There’s less above ground silver than gold, and more industrial applications for silver, let alone it’s history as money. You want 5x gains buy gold. You want 100x gains buy silver.

>> No.16534827

>>16534678
ok boomer

>> No.16534834

>>16534678
A FUCKING LEAF!

>> No.16534840

>>16534744
theres less silver but silver has such a much lower demand so idk

>> No.16534865

DON'T BUY PRECIOUS MILLENIALS!! NOTHING TO SEE HERE JUST A SHILL!! OKAY BOOMER, AM I RITE????

>> No.16534890

>>16534865
Don't worry, they can't afford any.

>> No.16534899

reminder literally everything goes up against fiat over time

gold lets you measure price over time, it's value changes the least of anything.
The collapse of the fiat delusion will cause an increase in the supply of gold because people have believed paper is a substitute good for gold for 100 years.

>> No.16534976

>>16534840
Silver demand is higher than gold, ever car cell phone and medical device has silver in it. There’s less of it so naturally the demand will be higher. Gold is much more expensive.

https://www.sunshineprofits.com/gold-silver/dictionary/silver-demand/

>> No.16534979

>>16534899
CZECHED
I AM EAGERLY WAITING TO BUY A WAIFU FOR A GRAM OF GOLD

>> No.16534988

>>16534979
>brainlet

>> No.16535050

>>16534988
>faggot

>> No.16535068

>>16534890
>>16534865

i dont even have to insult you guys, your 1% returns over the last decade must hurt enough.

>> No.16535074

>>16535050
peter schiff has fucked your mind anon

>>16534899
>it's value changes the least of anything
>an increase in the supply of gold
replies this >>16534979

>> No.16535087

7.7 billion people.

>26 grams of gold per person
>0.00227 btc or 227,000 sats per person (assuming 17.5 million bitcoin available)

>> No.16535088

>>16535074
>thinks buttcoins are real
>thinks we're mining asteroids...ever

>> No.16535098
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16535098

>>16535087
>>16535074
see? 1 gram of gold for a mega sloot is fine!

>> No.16535100

>>16534678
I am interested in buying a few ounces of physical gold as a leaf but I am not sure what the best option is for buying near spot and purchasing via mail freaks me out. Anyone have experience stacking ounce bars in canada? Prefer 9999 over 999 if possible but not a prerequisite

>> No.16535117

>>16535088
you will unironically never make it

>> No.16535143

>>16535100
i buy from VBCE in person with cash.

specifically 25x1gram gold maple leaf packages.

you want coins because under tax exemption laws, if .9999 fine, the are classified as collectibles.

find a physical dealer near you or find a reputable canadian online dealer.

>> No.16535179

>>16535117
I am God. I've already made it.

>> No.16535290

>>16534678
How many ozs to make it?

>> No.16535358
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16535358

>>16534678
The Leaf holds Zero Gold, They sold undervalue basically it was stolen and the government allowed it.

https://www.fin.gc.ca/n19/19-102-eng.asp

New gold standard will not be using Ounces (oz) it will use Grams.

>> No.16535361

>>16535100
Silvergoldbull is a top Canadian dealer located in Calgary. The chain of custody of uncirculated Canadian gold coins is never broken because Calgary is where the RCM mints gold and silver coins. On eBay they discount their premiums on gold coins sometimes and you can get them $80-100 over spot. The cheapest you can get gold here that isn’t fake. Also I’ve never had a problem with mailing service. I’d avoid buying when it’s in the deepest part of winter though since problems might occur with mailing.

>> No.16535494
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16535494

>>16535098
What can I get for this?

>> No.16535511

>>16534678
>6 billion troy oz
there is only ever going to be 21 million bitcoin

>> No.16535524

>>16535087
also nothing can be owned in such a private manner as bitcoin.
and by private i mean trustless and permissionless and secure. you don't need no authority to secure your bitcoin you don't need no permission from anyone to move them out the country. you can hop on an airplane with all your bitcoins nobody can detect or confiscate them.

>> No.16535765

>>16535511
Cryptos are a multi-level marketing scam.

>> No.16535873

>>16535765
don't buy into scams like hex and bitconnect like a brainlet and you will be fine.
bitcoin is way better than gold in every which way.

>> No.16536031

>>16535087
Troy ounce is 31.1g

>> No.16536048

>>16536031
yea... that's why everyone gets 26 grams instead of a full troy ounce.

>> No.16536152

>>16534678
>a-any millenium now gold is going up for sure

>> No.16536863

>>16535100
Buy some maples they are tax free as cheaper for you to buy than for me. Check a local coin shop or try jmbullion.

>> No.16536871

>>16535873
If you’re larping congrats. If you’re dead serious pick up an Austrian book or jump off a bridge.

>> No.16537299
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16537299

>>16535511
Theres only 4.3 Million Wright Bros Inc shares all worthless.

>> No.16537463

industrial usage is bearish during a fiat crisis.

>> No.16537493

>>16534678
>asteroid mining makes zero economic sense
Once you have a drone in space that can traverse and mine asteroids, it would take much less effort to get a stream of mined contents back to earth. A Japanese drone already has extracted a sample of an asteroid proving it will be possible.

>> No.16537821

>>16537493
>What are weight limitations
Even if true, this makes no economic sense due to physics and weight limitations. It will be a marketing gag nothing else.

>> No.16537839
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16537839

>>16535494
>that carpet

>> No.16538425 [DELETED] 

>>16537839
It really brings the room together.

>> No.16538569

>>16537821
>What are weight limitations
A concern for launching stuff but not for sending it down. Gravity makes sending the mined materials back to earth incredibly easy. Just drop them on the right vector.

>> No.16538574

>>16537821
why are you people so stupid. asteroid mining will begin when it is profitable to do so

>> No.16538589

Gold is nice. But having recently witnessed a lot of bushfires here in Sydney - it reminds me why crypto is a better form of money.

Nothing beats the portability that comes with crypto - particularly during moments of crisis.

>> No.16538619

>>16534840
>>16534744

>Less silver than gold

kek

28.400 Tm of silver each year
2.500-3.000 Tm of gold each year

Just in Peru there is more silver than all the gold mined everywhere in all history

>> No.16539023

>>16534865
Yes, just buy your FUN coins and LINK tokens, don't own real wealth.

Good goyim.

>> No.16539034

>>16534678
asteroid mining makes perfectly sense

>> No.16539048
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16539048

>>16536152
Ummm?

Gold is at record highs in 99% of currencies already you cumbrain.

>> No.16539579

>>16539048
Zoom out.

>> No.16539999

>>16538574
And we're saying it won't be economically viable for a long time.

>> No.16540055
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16540055

>>16535494
PUT GLOVES ON PUT THEM IN CASES JESUS CHRIST WHATS THE MATTER WITH YOU

>> No.16540058

>>16539999
Checked and goldpilled.

>> No.16540226
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16540226

>>16539999
QUADS OF DESTINY
GOLD & SILVER STACKERS SHALL INHERIT THE EARTH

>> No.16540269

>>16534678
Now do platinum

>> No.16540688

>>16540055
Calm down, AGE's are 22kt so they're perfectly safe to handle w/o gloves.