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/biz/ - Business & Finance

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19054310 No.19054310 [Reply] [Original]

>> No.19054491
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19054491

>>19054310
its always been money.

When any nation or empire becomes arrogant enough to believe they are above the natural law of economics (scarcity of goods, supply, and demand)....the house of cards eventually falls.

>> No.19054513
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19054513

Precious metals like gold are a good hedge against inflation. IE if you want to park money and have it hold it's value over time, gold is a great tool for that.

As far as an investment for increasing wealth, it's pretty terrible for retail consumers. There are premium costs on every aspect of the investment:
-Storage costs like vaults
-Premiums for purchase and delivery
-Premiums on sale

The only way to avoid these costs and make gold a reasonable investment is to not take delivery, at which point you might as well just be trading commodity ETFs or stable bonds.

>> No.19054523
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19054523

>> No.19054525

>>19054310
You can make tens of dollars

>> No.19054625

>>19054310
https://www.youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc

>> No.19055083

>>19054310
Do you want to store your purchasing power in fiat currency that Trump or Jpow can print a few trillion whenever they want for gibs to whoever they want to vote for them or do you want to store your purchasing power in a rare metal that requires blood, sweat, tears and oil to mine out of the ground and refine.

You choose.

>> No.19055197
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19055197

>>19054491
It makes going to the mailbox better than sex. NOTHING compares to swinging open that door and seeing that your new shinies have arrived.

>> No.19055307

>>19054310
Precious metals are based, don't let anyone tell you otherwise.

Once my ~bigbrain~ stock move plays out i'm gonna see about getting some bat bois.

I'll probably be dead like everyone by the time that happens tho lol

>> No.19055539

Silver has a lower density then gold so the pic is fake

>> No.19055562
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19055562

>>19054625
absolutely based

>> No.19055566
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19055566

>>19054525
Price of gold in 2015 was 1230, now 1720. Every year gold increases 100 fun bucks an ounce. Smug faggot

>> No.19055703

>>19054513
>The only way to avoid these costs and make gold a reasonable investment is to not take delivery, at which point you might as well just be trading commodity ETFs or stable bonds.

don't do this its musical chairs there is way more paper than bullion

>> No.19056489

>>19055566
What was Bitcoin? Less than $1000 and it has gone up minimum to $4000 this year. Where is gold? $1700.

>> No.19056503

>>19054310
it's tangible wealth, so if you like wealth you'll love precious metals. So pretty, so heavy, so valuable. It's sort of an addiction really.

>> No.19056796

>>19054310
look at gold and silver as you would look at tether in regards to bitcoin

>> No.19056854

>>19054491
>When any nation or empire becomes arrogant enough to believe they are above the natural law of economics
I don't see any problem... the FED brrr brrrr for other 30 years

>> No.19056857

>>19054310
It's the only thing worth purchasing right now.

>> No.19056876

>>19054513
>IE if you want to park money and have it hold it's value over time, gold is a great tool for that
But I don't want it to have the same value. I want it to gown

>> No.19056928

>>19054513
>stable bonds
bonds on gold?
Also consider this: holding gold yu could miss another 10 year of brr brrr and stocks up
But if we consider that gold could be announced to be used as gold standard then it could x10... but it won't happen cause jews are addicted to printing money and crashing the market and they will do this for another 30 years while you're left holding bags of gold while all around you you see stocks goin' up

>> No.19057041

>>19056489
Bitcoin was $19,000 and plummeted to $4000


See, I can play this game too

>> No.19057061

>>19055307
What’s your bigbrain stock play?

>> No.19057068

>>19057061
balls deep in SQQQ baby :^)

>> No.19057080

>>19057041
Gold went from $1900 to $1000. You were comparing from 2015 and so did I.

>> No.19057087

>>19057068
Oh man I would exit this.

>> No.19057104

>>19057087
If i had a dollar for every time someone said i should I exit my position, I would have made up my losses.

The time of reckoning is soon upon us.

>> No.19057554

>>19056928
can someone respond to this please?

>> No.19057812

>>19057554
I purposely decided not to respond to that post.

Good day.

>> No.19057866

>>19056928
or it could do absolutely nothing like the 'havening'

>> No.19057876

>>19057554
if you mean bonds as in paper gold, no.
If you're not holding it, you're not holding it.

>> No.19058254

>>19054310
You take the monnies you hand to man
man gives you gold
you wait

>> No.19058623

>>19057080
That's a 50% drop give or take. BTC keeps dumping in the region of 85%.