Gold and Silver

[Anonymous No.18157602]

Gentlemen, what are your predictions for gold and silver in the coming months and years?

[Anonymous No.18157618]

>>18157602
It will continue to be used for many important technological applications and be overvalued for everything else

[Anonymous No.18157652]

>>18157602
this is our future...

[Anonymous No.18157666]

>>18157602
is gold the biggest scam of all of time?

literally a shiny rock...
trillions of times the current supply waiting to mined in space

[Anonymous No.18157703]

gold: will plummet as economic crisis worsens and people need liquidity, will skyrocket after market reaches bottom

Silver: no idea, i guess it'll be a weaker gold

[Anonymous No.18157745]

>>18157703
I'm seeing a lot of fluctuation nowadays. Seems like a good opportunity to make some quick gains before it bottoms.

[Anonymous No.18157834]

>>18157703
There is nothing more liquid than gold.

[Anonymous No.18157837]

>>18157745
Yep, I have like 5% of my portfolio in gold because I don't know enough to invest heavily

[Anonymous No.18157848]

>>18157834
go buy groceries with gold then

[Anonymous No.18157996]

>>18157602
Imagine buying the top of Gold instead of the bottom of Unification before main net.

[Anonymous No.18158065]

gold $50,000
silver $5,000
in current purchasing power. If we have more inflation the numbers go up. TWO YEARS

[Anonymous No.18158304]

>>18157834
How stupid can people be to think this?
Tell you what, get back to me when you can walk into a store and buy $200 worth of groceries with gold, or when you can buy a car from a dealership with gold, or when you can pay your electric bill with gold, or even buy a fucking stick of gum from a store.

[Anonymous No.18158657]

>>18157834
>solid at room temp

[Anonymous No.18158688]

>>18157602
1 sat = 1 Oz.

[Anonymous No.18158711]

>>18157666
>He believes in space travel.

[Anonymous No.18158742]

>>18158304
It will be when groceries become $1000.

[Anonymous No.18158755]

found somewhere that's selling @ $17/oz do i cop

[Anonymous No.18158913]

>>18158711
>Retard doesn't believe in space travel.

[Anonymous No.18158926]

>>18157848
people have started accepting gold for weapons on armslist.

[Anonymous No.18158979]

>>18157666
> shiny rock
The absolute state of this board
Go look inside your computer retard, several milligrams are used in something as small as a cellphone
>mining gold in space
You have no fucking clue how expensive it is to transport shit via rocket

[Anonymous No.18158999]

>>18158755
I would buy 1000 ounces at that price if i could

[Anonymous No.18159046]

>>18158755
Where? best i can find is $17.53/oz and they are all fucking sold out.

[Anonymous No.18159230]

>>18159046
>>18158999
https://www.scottsdalemint.com/product/100-oz-scottsdale-king-stacker-silver-bar/

20-day lead-time, but trustworthy

More generally. Findbullionprices.com for listings across sites

[Anonymous No.18159319]

>>18158926
Nigger people trade used scuba equipment for guns on armslist.

[Anonymous No.18159325]

>>18158304
When the System works, there are more convenient ways of transacting than using gold itself. However, you can always go to a coin shop or call up a bullion dealer to sell your gold for fiat money, which you can then use for transactions. When the System goes to all hell, gold will be accepted for things as "good money" becomes rare. Gold has tremendous liquidity in this scenario. You need only look at Zimbabwe in the 2000s to see the reality. No one willing accepted Zimbabwe dollars and things that were needed could only be found with harder currency: USD, Euros, or gold.

Greenspan, earlier in his life before he became Fed chairman, seemed to be a proponent of hard money. Read his paper on gold. As he said even in 2014, "Gold is a currency. It is still, by all evidence, a premier currency, where no fiat currency, including the dollar, can match it."

There's a reason why most central banks have a stash of gold and a lot of central banks have been buying gold in the past decade.

[Anonymous No.18159331]

>>18158979
It's getting cheaper as we do it more.

[Anonymous No.18159347]

>>18158657
Came here to post this kek

[Anonymous No.18159397]

>>18158999
Nice get.
>>18159046
Turns out I'm a fucking retard. Didnt read the fine print and the shipping is ridiculous. Comes out to 18.90/oz which is still better than most places but not nearly as good of a deal.

[Anonymous No.18159404]

>>18159230
pretty decent price, looked up reviews and seems legit. why do they have shit when other good sites are all sold out?

[Anonymous No.18159417]

>>18159404
because Scottsdale has their own silver supply

[Anonymous No.18159418]

>>18159404
>pretty decent price, looked up reviews and seems legit. why do they have shit when other good sites are all sold out?
Because they are the mint too

[Anonymous No.18159448]

>>18159404
The price isn't good unless you buy 50 1000oz bars with bank/check.

[Anonymous No.18159453]

>>18159418
>>18159417

ahh makes sense, thanks anona. cool. FOMO’d in but here for the long haul. first silver purchase.

[Anonymous No.18159479]

>>18159453
good job anon. each purchase, no matter the size, helps push JPmorgan closer to insolvency

[Anonymous No.18159484]

>>18159453
Nice get, but getting a kilo vs just 10 oz stackers or another 100oz is pure autism. Hurts my OCD hard.

[Anonymous No.18159493]

>>18159448

maybe not as good as it was a couple weeks ago but I’m just here to hold. getting my hands on any period is fine for me. only got like 210oz so paying $17 vs $15 isn’t the end of the world.

[Anonymous No.18159503]

>>18159453
Bro you just paid $4.15 over spot on the 10oz and $3.07 on the 100oz.
enjoy your silver i guess.

All the ones out of stock are around $2.84 over spot.

[Anonymous No.18159511]

>>18159484
sorry anon, I’ll be buying more of those my next time around but I wanted at least one fat ass bar just for fuck all’s sake

[Anonymous No.18159542]

>>18159331
Shiny rock boy in extremely limited accessible quantities used in nearly all modern tech

vs

Chad (((fiat))) that can be printed by pressing a keystroke, doesn't even have to physically exist

[Anonymous No.18159554]

>>18157602
>years
Worthless.

[Anonymous No.18159609]

>>18157666
Mining on earth is on of the most hazardous jobs and it is expensive as hell without having to go to space. Grow up Trekkie, no one is space mining in this millennia.

[Anonymous No.18159623]

>>18157848
Goldmoney.com offers that. You buy gold and keep it at their vault—they send you a credit card linked to your gold vault account to buy groceries with.

[Anonymous No.18159647]

>>18159623
That's basically the same thing as fiat.

[Anonymous No.18159648]

Nice store of value you got there, i'd be a real shame if something were to happen to it's value.

[Anonymous No.18159676]

>>18159648
The cost in shipping and handling would make you sell it at a loss even if space existed.

[Anonymous No.18159726]

>>18159647
It’s not. It’s gold backed money that you can buy things with. If you want they will send you your gold after you close your account.

[Anonymous No.18159737]

>>18157745
Your're dad bottomed for me the other night of you catch my drift

[Anonymous No.18159739]

>>18159647
Woah! Fiat is back on the Gold standard? When did that happen?

[Anonymous No.18159757]

>>18159739
>>18159726
We will send you the gold if you close your account. Trust us!

[Anonymous No.18159773]

>>18159757
You buttcoiners did it to yourselves.

[Anonymous No.18159784]

>>18158913
Suck my cock

[Anonymous No.18159799]

>>18159784
cope

[Anonymous No.18159955]

>>18157666
>trillions of times the current supply waiting to mined in space
The likelihood of that in the near or far future is already baked into the current market price

[Anonymous No.18159982]

>>18158711
>>18158979
>>18159609
>>18159955
C O P E
O
P
E

[Anonymous No.18160350]

>>18159982
It's true though. You need at minimum a 100x increase in price and that doesn't even start to get into the logistics and planning and actual mining. This is just the price of the space and weight the gold would actually occupy.

https://www.businessinsider.com/spacex-rocket-cargo-price-by-weight-2016-6?op=1

[Anonymous No.18160523]

>selling me booty
Garr ill take the location of me plunder to davy jones before tellin ye bilge rats
You'll never find captain anons treasure

[Anonymous No.18160535]

>>18160350
I generally agree with you, but it is a lot cheaper to get something back down from orbit than it is to get in there in the first case.

[Anonymous No.18160692]

https://mobile.twitter.com/roysebag/status/1242577515782209540

Paper metals like GLD and SLV have been used to essentially fractional reserve metals. Imo it was done to keep prices down. The scam is coming to light.

[Anonymous No.18160758]

>>18160692
https://www.zerohedge.com/markets/theres-no-gold-comex-report-exposes-conditions-driving-physical-supply-problems?

Paper metals and physical metals prices are diverging. The multi-decade metals scam the banks have run is unraveling.

[Anonymous No.18160763]

>>18157602
Gold 25k an ounce.

[Anonymous No.18160802]

>>18160763

[Anonymous No.18160925]

>>18157652
> im Venezuelan Bolivars

whew, cant you take a country with even more inflation

[Anonymous No.18160958]

>>18157602
Since the Fed is dissolved, the new currency will be pure fiat (not debt based) issued by the treasury. Gold will be valued at $100,000 of these new dollars per ounce. Silver will be roughly 30-50 ounces per one ounce of gold so about $2500 per ounce or so.

[Anonymous No.18161264]

>>18157602
State pension fund linked hedge fun analyst team member here. Gold will collapse.

Commodities are not part of my personal area but I know we've been fighting over the precious metal problem for a while. Let me explain. This idea is not exactly new, it's been an ongoing topic for the whole post MBS crisis era when we wanted to make a complete makeshift of hedging strategies related to precious metals. However, back in those days the topic was merely about the long term trends. Due to the shock of COVID-19 we gave started to fear a sudden loss of value.

It's been an ongoing topic for a while and we've got hundred pages of strictly confidential in house research outputs related to this. Due to the recent crisis, new outsourced piecewise research outputs of consulting companies are starting to come every week. Next week we are receiving a fuckton of gold utility prospects related to semiconductor manufacturing from a tech consultancy company specialising in materials science. All fast tracked: Probably the most expensive investigation we've ever bought.

Can't go to details, but here are the obvious ones you can to some extent confirm from public sources:
>Gold has a marginal utility value
>Utility value has gone down
>Gold has been a bad hedge against inflation since the 70's
>Gold vs equity inverse correlation is a retarded urban legend of investing
>Gold is terribly overvalued, one of the biggest bubbles of our lifetime.
>Gold perceived value is emotionally attached to the gold standard era, and there used to be a reasons for central banks to hoard gold during fiat era, but not so much anymore
>In fact, OPEC central banks have been getting rid of their reserves for the past 10 years. Only poor countries are actively hoarding gold anymore.
>Amount of gold owned by the central banks is, while marginal compared to the paper gold house of cards in circulation, it is larger than publicly reported due to the reserves being outsources to third parties.

[Anonymous No.18161279]

>>18160802
25k per what? Might as well be kilo's

[Anonymous No.18161283]

>>18161264
2/2

So far, pretty obvious. Now comes COVID-19. We have already seen the biggest financial stimulus packages that go to the absolute limits of national banks. Meanwhile, central bank reserves are still on massive level and gold price is beyond ridiculous. Where do you think they are going to go for added liquidity? This might be the trigger.

What breaks the bone will be the moment when the common emotion based perception of gold as safe haven collapses. We have already seen the gold shake value together with the stocks proving it's fragility.

Of course we are aware of the doomers hoarding all the physical gold they can in fear of collapse of fiat system. This is marginal level penny trade and is not likely to continue for too long. We actually estimated the fed & ecb emergency measures to cause a much bigger and longer lasting spikes in gold price. But again, these are merely disposable emotion triggers. From now on we may seen 0% interest rates to trigger another jump, but after that it is just belief in the superiority of gold as inflation hedge - meme.

Tldr: We want to get rid of gold dominance in our hedging and commodity investment strategy because it's a house of cards that could collapse any time when the emotion based value perception is collapsed and/or when central banks start selloffs.

Gotta go work

1/2

[Anonymous No.18161480]

>>18161283
What about Silver, cheap apartments/houses or agricultural property?

[Anonymous No.18161534]

>>18161283
>>18161264
You pretend reports and you paper gold price don't matter. Literally don't. The only physical gold available is going 30% over spot and the gap widens each day.
You can trade you papers all day, until in a few weeks you realize it's just paper and doesn't exist, because all the real gold is gone.

[Anonymous No.18161555]

>>18159648
>spend billions bringing it back to earth
>so much quantity that it's rendered worthless
sounds like an unprofitable venture which will never happen.

[Anonymous No.18161556]

>>18161283
what an absolute load of bullshit.

[Anonymous No.18161570]

>>18161555
You wouldn't start with the biggest one, of course. You start with the smallest viable one, and keep going until the marginal profit is zero.

[Anonymous No.18161613]

>>18157602
I mean, the coming inlfation will make it go up.
10k? 50k?

[Anonymous No.18161622]

>>18161613
it will make the numbers go up but that won't be profit

[Anonymous No.18161623]

>>18161570
you wouldn't start full stop.
>At a price of $1,340, for a 10% return on investment, 173,400 kg (5,575,000 ozt) of platinum would have to be extracted for every 1,155,000 tons of asteroid ore. For a 50% return on investment 1,703,000 kg (54,750,000 ozt) of platinum would have to be extracted for every 11,350,000 tons of asteroid ore. This analysis assumes that doubling the supply of platinum to the market (5.13 million ounces in 2014) would have no effect on the price of platinum. A more realistic assumption is that increasing the supply by this amount would reduce the price 30–50%
>would reduce the price 30–50%
will never be worth it unless we have a major scarcity on earth, in any case we would have sold our PM's at a huge profit before asteroid mining even became possible.
please use your brain.

[Anonymous No.18161626]

>>18157652
But how would this work for the dollar? It's the world reserve currency, so there will always be international demand for it right? Could we ever see this kind of inflation on the dollar?

[Anonymous No.18161841]

>>18161626
Just sell all your USD and buy ARPA bro

[Anonymous No.18161881]

>>18157837
famous gold bugs like Schiff only have like 10% max anyway

[Anonymous No.18161941]

>>18161881
Schiff has 30%

[Anonymous No.18161960]

someone buying copper

[Anonymous No.18162166]

so TLDR:
in an hyperinflation scenario:
> gold is a boomer meme from the golden ages of history, cannot ne trusted on the spot, need to phisically go to bullion catberts to be converted in currency
> if electricity will be available, btc/ crytpo will pay groceries via swap apps (people love to receive btc, hate spending it), like in Venezuela
> gold can be confiscated, in China it's not illegal to hold btc/crypto but to visit exchanges (and torrents aren't stopped), I guess the grimest future will be the same
> if no electricity will be available, economy just stops, it's a Kenshiro scenario, better to move to some nice countryside, farming inside preppers' citadel
in a deflation scenario (Brazil-like?):
> sell btc?
> finish to pay your debts if you can
> better to move to some nice countryside, farming for your own family

[Anonymous No.18162378]

>>18157666
Go mine it and bring it back then anon. No one is stopping you

[Anonymous No.18162403]

>>18157848
Imagine being so poor you don't buy a few things with an AGE since it's legal tender.

[Anonymous No.18162418]

>>18159319
When did breveik buy from armslist?

[Anonymous No.18162426]

>>18158688
based. someday. 1488.

[Anonymous No.18162486]

>>18161283
Holy shit I’d fire you. This is like a well written essay that veers in the wrong direction.

[Anonymous No.18162496]

>>18158926
I've done alot of trades/sells on armslist and have been offered gold/silver but this was back before I was into metals

[Anonymous No.18164120]

>>18158065

This anon gets it

[Anonymous No.18164470]

>>18157666
Nice satanic symbol lol.
Keep in mind this chart is a fantasy. Not based on any reality or honest numbers. If you want to measure gold vs USD you can just post a gold vs USD chart going back 50 years. Very simple.

[Anonymous No.18164544]

>>18159453
maybe set the opacity a little higher next time. that's a weird way to spell that name.

[Anonymous No.18165026]

>>18157666
GO AWAY, SATAN
THIS IS GOD’S MONEY YOU’RE TALKING ABOUT
THERE AIN’T NO DAMN SPACE TRAVEL YOU MONG

[Anonymous No.18165050]

>>18158304
>he thinks buttcoins will save him

[Anonymous No.18165664]

>>18162166
You fucking retard retard. Ecoomy just stops with no electricity? NO YOU FUCKING FAGGOT. All the dead beat shits are just going to die given time or become slaves. Back to normal.

[Anonymous No.18166059]

Gold road to 10000k and silver road over 99.

First deflation and then inflation

[Anonymous No.18166128]

>>18157602
3k by may

[Anonymous No.18166140]

I just ordered a 15 kg bar of 999.9 silver.
AMA frens.

[Anonymous No.18166173]

>>18159648
We will never mine asteroids, we will never go to mars.

[Anonymous No.18166229]

>>18166173
>go to mars

Don't need to. We can build O'Neil cylinders and such.

[Anonymous No.18166293]

>>18166229
I wish. Maybe there will be one hovering above a blackened earth but only for the new gods

[Anonymous No.18166297]

The paper gold market is a game of musical chairs, the music stops when people start losing confidence and ask for delivery in physical gold, they won't be able to because each bar sitting in the vault has been lent out over and over and has 10 different owners. Then we moon.

[Anonymous No.18166306]

>>18166140
When are you selling

[Anonymous No.18166338]

>>18157602
10-100X+ and the suicide of almost every fucking idiot who said it was just boomer rocks and didn't stack when we told them to.

[Anonymous No.18166353]

>>18166293

Once one has been built, before you know it there will be millions.

[Anonymous No.18166440]

>>18166306
right after I finish dumping this massive shit

[Anonymous No.18166471]

>>18166306
Once 1oz = 1 virgin asian loli
Not before.

[Anonymous No.18166513]

>>18166471
I offer you my body for an ounce. Sell now

[Anonymous No.18166925]

>>18166140
From where? I always find bars sketchy as it could be filled with something else than silver.

[Anonymous No.18166964]

>>18158065
prices per oz?

[Anonymous No.18167064]

>>18166925
you're right there could be gold in there those bastards

[Anonymous No.18167065]

>>18160802
What book is this?

[Anonymous No.18167128]

>>18159955
No it isn't. Do you think you're smart?
>The likelihood of trillions of dollars worth of gold saturating the market is already priced in.
Do you remember aluminum by any chance?
>>18165026
>>18164470
>>18162378
>>18159609
Cope harder.

[Anonymous No.18167214]

Guys what is the best place to sell your gold? Ebay is selling gold ounces right now for at least 1800 a pop, while spot is apparently in the 1600s right now.

What are the pro's and cons of using ebay? I've literally never used it to buy or sell anything.

[Anonymous No.18167233]

>>18160802
>gold-backed crypto
so, buy gold or buy crypto??

[Anonymous No.18167420]

>>18166513
sorry fren, the britbong definition of ""asian"" aint allowed in my loli harem.

>>18166925
From Godot&Fils, a reputable french seller, i'm not worried, my maxi bar will be legit. The bar costed me a lil less than 5K€ (15.30€/oz), a true bargain considering maples or AES are 30€/oz.. But probably a bit trickier to sell.

[Anonymous No.18167451]

>>18167214
Stay away from Ebay as much as possible unless buying from an actual mint or known retailer account. Too much Aliexpress knock off shit floating around that scam site these days.

[Anonymous No.18167475]

>>18157602
3-4k eoy

[Anonymous No.18167578]

>>18167420
pic of the monster btw

[Anonymous No.18168094]

>>18159230
>Findbullionprices.com
this is normally the go to,but they aren't updated it quickly enough. I've been refreshing goldeneaglecoin, monumentmetals, sdbullion etc and finding better deals than findbullionprices, but they don't last long so you have to jump right on them.

[Anonymous No.18168375]

I'm afraid gold is going to the moon before 2030.

[Anonymous No.18168531]

>>18157666
>GqLOW nigger confirmed
>666 luciferian confirmed
BE GONE AND LEAVE ME AND MY ROCKS ALONE

[Anonymous No.18168885]

>>18166964
yes

[Anonymous No.18169042]

>>18158657
why are we not stockpiling mercury though?

[Grand Cairo No.18169218]

>>18167578
Fuck that lol