/biz/ - Business & Finance

[Anonymous No.24433381]

Why did I EVER buy this worthless shit, while I just could have bought more Crypto??

[Anonymous No.24433397]

>>24433381
dumbass

[Anonymous No.24433437]

>>24433381
>tfw ton of bullion
>tfw could own 6 BTC
>tfw i went full Schiff instead of full Pal
>tfw i still own some anyway
gold and silver is a fucking meme

[Anonymous No.24433438]

tried explaining this one to someone.
This stuff only makes sense to me if you actually think you'll be hiking around the US with a backpack and gun playing H1Z1 and somehow surviving too.

delusional,

[Anonymous No.24433501]

>>24433397
He's right.
Silver was hyped a lot on /biz/ but it's a shitty investment.
If you're into boomer rocks buy gold, especially now that it's crashing, otherwise just buy crypto or anything else. Even Pokemon cards were a better investment than silver.

[Anonymous No.24433537]

>buying shiny boomer metal

aaaaahahah

[Anonymous No.24433541]

>>24433438
exactly, libertarians shill it with their crash apocalypse porn scenario that will never actually happen. we won't be living in a hollywood movie.
at least people are making fun of schiff now. people need to make fun of most of the shills. but it's still a good idea to own a bit anyway, just in case.

[Anonymous No.24433563]

>>24433438
this is literally my life goal

[Anonymous No.24433567]

>>24433541
Even in that scenario who is gonna want some meme metal and not actual barter goods?

[Anonymous No.24433571]

>>24433501
>Even Pokemon cards were a better investment than silver.
Fuck, good call. Someone needs to send that to Schiff.

[Anonymous No.24433584]

>>24433563
btw its obvious that you guys do not understand what PMs are for.

[Anonymous No.24433611]

>>24433584
You'd be better off holding fiat right now than paying $5 over spot for silver for the past 6 months

[Anonymous No.24433632]

>>24433567
>Even in that scenario who is gonna want some meme metal and not actual barter goods?
Some people. In a crash scenario, people would try to withdraw their paper silver or get their hands on the real stuff and it would be declared a fraud, thus skyrocketing the price of the physical stuff, which could allow you to buy a house with only a bit of the real stuff.
also it's historical money so some people would still accept it of course.

[Anonymous No.24433645]

>>24433611
were not talking right now, while some things are inflating, real inflation hasnt really hit yet, once it does, thats when PMs come in

[Anonymous No.24433652]

>>24433438
>What is weimar germany

[Anonymous No.24433670]

>>24433381
i bought a stack just so i would spend some time thinking about it. by the tike my 20 eagles arrived, i had realized it was a meme. at least i can pawn it for cash

[Anonymous No.24433699]

>>24433645
>>24433611
metals are also not something you are supposed to buy and then turn around and immediately use, you have to actually plan for their use...I purchased some metals during the run but only because I had skipped on doing it in the past and I finally had some money to spend...I dont plan on using them for quite a while, maybe not ever...Definitely not during any upcoming crisis.

[Anonymous No.24433762]

honestly anyone that is currently not at least minorly exposed to each of the major markets out there is going to have a very rough time coming up. Each market will have its time to shine and you need to be there to capitalize on everything, unless you have some inside info or are a time wizard, then just go all in on 1 thing that you are 100% will get you what you need when you need it........

[Anonymous No.24433772]

>>24433611
From my perspective its the longest hodl. Its not to make money but to preserve its value. If you look at the value of a one ounce gold coin over the years its pretty much bought you all the same shit.
>3000 years ago one coin = tunic or sword
>100 years ago 1 coin = one nice suit
>today one coin = one nice suit or rifle
Just go look at the value of a suit in 1920 vs gold
now go look at a fairly nice suit cost vs gold today.
Get the idea yet? that shift guy shills gold to boomers because they aren't trying to make money but preserve the value of their dollar.

[Anonymous No.24433778]

>>24433652
A place that could have benefited from crypto

[Anonymous No.24433803]

they look cool but what a bad investment lmao. gold is fucked

[Anonymous No.24433806]

>>24433438
>what is quantum computing
>what is bitcoin ban
>what is SHA256 bug

You don't get rich with gold, because it is unpopular right now. BUT Gold is safer than BTC and Fiat. Gold has been tested for a few centuries

[Anonymous No.24433817]

i mean if you like the pirate larp silver is cool but its got nothing on crypto

[Anonymous No.24433823]

>>24433806
Thats some super weak FUD. Quantum computing, sure.

[Anonymous No.24433845]

>>24433381
it's not a bad idea t diversify anon

[Anonymous No.24433846]

>>24433778
the thing is, we have no idea if crypto will work, there is currently very very very very very few physical locations where you can spend crypto (yes I know the debit cards are there) as crypto. It has never been tested in an inflation scenario...there are too many variables there to say itll work for sure...what does work for sure is PMs...but just in case crypto is the answer....BE AT LEAST MINORLY EXPOSED TO ALL MARKETS...personally I am mostly in crypto, then PMs then the stock market (because I suck and lost most of what I put in, this used to be #1)

[Anonymous No.24433848]

>>24433381
I thought the thumbnail was actually two glass dildos.

[Anonymous No.24433854]

>>24433817
uh its silver? i tought they are gold.. shiiiiiett.. silver is highkey trash

[Anonymous No.24433883]

>>24433854
lol silver is probably the most important metal on this planet

[Anonymous No.24433886]

>>24433823
Quantum computing MAY work in breaking bitcoin. But the amount of energy it would require would make it unfeasible.

[Anonymous No.24433899]

>>24433846
all pizza huts now accept crypto

[Anonymous No.24433916]

>>24433899
I didnt say that no one accepted it...and im sure everyone wants to eat pizza hut every day and night for every meal

[Anonymous No.24433934]

>>24433823
Just as weak and ridiculous as asteroid mining FUD for metals

[Anonymous No.24433951]

>>24433437
should've listened to chad Pal

[Anonymous No.24433961]

>>24433899
Pizza Huts still exist..?

[Anonymous No.24433967]

>>24433381
https://www.youtube.com/watch?v=wZqNy48Zq7w

[Anonymous No.24433968]

>>24433883
good thing there is no shortage

[Anonymous No.24433971]

Fellas, came across duckdao.io, the first crypto incubator with a a lot of connected platforms? What can you say about it?
Is it a good solution to play in DuckDAO Hunter Season?
https://drive.google.com/file/d/1yVB8W5sfGErrReT_QhJVA3fbF7yyj3qT/view?usp=sharing

[Anonymous No.24434010]

>>24433381

To be fair, like 95% of this board told you to buy more crypto on a daily basis

[Anonymous No.24434027]

>>24433823
Are you afraid of a black swan?

[Anonymous No.24434048]

>>24433437
its only good to invest in gold and silver AFTER you make it. (for insurance)
investing in gold and silver TO make it is just stupid.

[Anonymous No.24434059]

>>24433967
That was the dorkiest thing I 've ever seen in my life

[Anonymous No.24434064]

I have 1oz gold cause it looks cool, but i'm looking to go 10x, so gold ain't it

[Anonymous No.24434100]

>>24433381
I have 3x as much crypto as metals. I will keep the metals because at the end of the day crypto is just math and it's perfectly possible that one i'll wake up and an efficient solution will discovered making all my crypto worthless with no way to save anything.

[Anonymous No.24434138]

>>24433381
HAHAHAHAHAHAHHAHAHAHHAA

[Anonymous No.24434165]

>>24433381
Haha looks like ribbed dildos fron thumbnail

[Anonymous No.24434239]

>>24433968
not yet, but our tech is consuming more and more, we will eventually hit a wall

[Anonymous No.24434242]

>>24433438
That's because you're retarded.

How can you be so dense that the only application you can think of for sound money, is in an apocalyptic scenario? In such a scenario, the barter system would return.

Once again this is your friendly reminder to NEVER listen to anyone on /biz/ (especially now).

[Anonymous No.24434245]

>>24433916
>currently very very very very very few physical locations where you can spend crypto
You said:
>currently very very very very very few physical locations where you can spend crypto
Do you even realize how many fucking Pizza Huts there are? It's a global chain restaurant. You've just been refuted.

[Anonymous No.24434319]

>>24434245
Seems like your mom must have forgotten to put your helmet on at the park when you were younger.

[Anonymous No.24434364]

>>24434242
Some people in here have some good points,
but I think it boils down to, as long as planes are still in the air, and the internet is working. I'll always want whatever I can get through an airport. Also, "cashing out" metals in legal ways can be a pain. So yeah, unless its an apocalypse then I'd rather hold money 3.0, not 1.0.

I don't wanna try hauling pounds of metals on my person over land and sea.

[Anonymous No.24434366]

>>24434319
>Seems like your mom must have forgotten to put your helmet on at the park when you were younger.
For that statement to be true there must be
>very very very very very few
Pizza Huts, but there exists hundreds of thousands if not millions -- and it is only one company.

[Anonymous No.24434370]

>>24433961

I know this is a meme thread, but Pizza Hut is objectively better than Papa John's and Domino's for delivery or take out pizza.

It's the only of the three that tastes good anymore and doesnt make me feel like disgusting bloated shit after having 3 or 4 slices.

[Anonymous No.24434416]

a real trader would always buy the highest returns. gold and silver don't move.

[Anonymous No.24434421]

>>24433381
At the rate our society is going Copper will be more valuable than this.

[Anonymous No.24434483]

>>24434370
no sir you are wrong, nothing can beat little caesars

[Anonymous No.24434501]

>>24434370
I had Pizza Hut for the first time in years (most near me closed so i had to go very far).

I had the meme stuffed crust pizza because it's Pizza Hut so why the fuck not. It was okay. Pizza Hut feels drier and more tame in flavor compared to Dominoes (I hate the Dominoes "Garlic and Butter" seasoning on the crust) and Papa Johns (Dough is sweet and everything feels wet and undercooked).

Pizza Hut is the more reserved sibling of the three.

[Anonymous No.24434531]

>>24434370
>>24434501
Anyways I live on Long Island in an Italian neighborhood so I always get the local slices. I avoid chain Pizzas overall.

[Anonymous No.24434537]

>>24434370
>>24434483

Its just always blown my mind how cici's is just actual, total and complete garbage. I think they're finally out of business, but at some point I think they just got eaten out of business by the landwales who'ed come in and eat 4 pizzas each.

[Anonymous No.24434598]

>>24434501
also I noticed how the stuffed crust is now basically empty of cheese. Was very disappointed

[Anonymous No.24434600]

>>24434537
cicis used to be the absolute best though, back when I was a kid, I would go with my friends there a few times a month, wed drive like 35 mins away to get to the only one in town...then they appeared on every corner and are 100% dogshit

[Anonymous No.24434624]

pm's aren't an investment you stupid dickheads - its real a world generational tether.
>inb4 deluded asteroid memes,

[Anonymous No.24434745]

>>24434624
wtf an asteroid just flew over my head

[Anonymous No.24434783]

>>24434745
>>24434624
I also heard the sun transmutes gold, uh oh

[Anonymous No.24435213]

>>24433571
>>24433501
>tfw my charizard is worth USD500

[Anonymous No.24435331]

>>24434624

crypto is worthless and dumps every time something happens, like back in march. if btc and ltc are functionally equivalent (a very generous assumption for btc), then their prices should tend toward being equal after taking into account that ltc has four times more coins. i'm certain there must be some principle in economics that predicts the value of two functionally equivalent assets in roughly proportional supply should tend toward being equal.

[Anonymous No.24435367]

>>24435331
cont.

so by this logic, bitcoin experiences inflation in the form of forks and entirely separate blockchains like ltc. traffic is distributed across several blockchains to mitigate the extreme cost of having everyone on a single pow-blockchain. pow crypto has been inflating since its conception.

[Anonymous No.24435875]

>>24433381
well once they outlaw cash, how will street level drug deals be conducted with other than silver bullion, as most drug addicts are to retarded to operate crypto.

[Anonymous No.24435972]

>>24435875
at this point drugs will only be traded for dick sucks

[Anonymous No.24436013]

I only have like ~$1000 in metals as an emergency emergency fund. There are so many better ways doomers could spend their money prepping than buying rocks.

[Anonymous No.24436043]

>>24435331
>>24435367
nice larp. if serious, sell your ltc and this is one of the most autistic takes I’ve read on here in a while.

[Anonymous No.24436340]

metal freaks are something else with their crypto is worthless narrative when the coomex is literally scamming them and has been for years. It's like they don't trust math. BTC has been around for ten years zero hacks or major downtime.
Silver and gold will probably moon due to money printer go brrrr causing latent inflation to creep into the global economy. Unless they find a way to square the covid meme costs it's ogre.
Most of my capital is in houses and link but I do have over 100 ounces of various silver. Comfy to know it's there in an emergency. You know why people wear heaps of jewelry right?

[Anonymous No.24436429]

>>24435875
nice try glowie, you know damn well your sort uses gold & weapons to buy drugs

[Anonymous No.24436438]

>>24434048
this. unless you find a big nugget its mot going to make you rich. the rich just want to convince plebs its the way to go so the price pumps

[Anonymous No.24436797]

>>24436340
you seem to think that we dont like being scammed by the comex, I personally live for it

[Anonymous No.24436833]

>>24433501
>>24433571
Muh Pokemon cards !!!! 5 years ago you could get most 1st ed boxes for 1-2k psa 10 1st ends for hundreds not 10s of thousands the same thing will happen with silver by 2030 it'll be $100oz not a get rich quick item but never was sold that way

[Anonymous No.24436853]

>>24433381
Gold and Silver is a fucking meme. If the price doubles then it becomes twice as profitable to mine it and the rate it will be mined will explode.

Bitcoin can be to 10 million and the supply created each year is fixed. Simple as. Don't listen to the literal jewish gold merchant (((schiff)))

[Anonymous No.24436914]

>>24436853
doesnt that mean that its kind of reactionary to inflation? it helps when things become hyperinflated and then its supply rapidly rises to meet the demands of the newly created financial world? Sounds pretty beast to me anon

[Anonymous No.24436942]

>>24433381
Silver has survived every CME that has hit this planet. I'm very VERY curious how digital coins will handle their first direct hit. I guess it's hard to see bitcoin as worthless when you don't realize the massive structures that need to prop it up.

[Anonymous No.24436944]

>>24436853
>>24436914
psst ill give you a hint anon, it does mean that, the question was rhetorical

[Anonymous No.24436967]

>>24434364
Don't even need planes, it's mostly ships, trains, and trucks.

[Anonymous No.24437014]

>>24434370
Fuck you Domino's blows them all out of the water.

[Anonymous No.24437020]

>>24436013
Yeah if you look at actual SHTF scenairos Gold and silver are memes compared to guns, alcohol, matches, smokes, food, ammo e.c.t

[Anonymous No.24437029]

>>24433381
I have 100oz of silver in mostly eagles. It's strictly for any potential happenings, or to sell when it's 4x'ed or to give to people when I retire.
Or in short, it's a meme investment but I got in during the march crash so I've already doubled my money.

[Anonymous No.24437050]

>>24433501
>muh Pokémon cards
Not buying your bags mate. If you looked into silver more than how to get rich you'd know there are rare as shit coins to collect. Most people have probably at one point in their life held a 10k change in their hand and didn't realize it because they don't know to look for keydates or doubles strikes or cracked dies, ect.

Fucking zoomed every God damn time.

[Anonymous No.24437093]

>>24436429
I'd like to find some dang precious metals black market, that would be cool!

[Anonymous No.24437128]

for me, its utz

[Anonymous No.24437156]

>>24436914
>>24436944
Enjoy holding your boomer rock which supply doubles every 30 years.

[Anonymous No.24437163]

>>24436914
>gold is beast because its supply expands when its price is up.
this is totally retarded.

[Anonymous No.24437178]

Someone writes the word "Liberty" on a commodity that people buy and sell every day and you're fooled by lofty platitudes.

[Anonymous No.24437198]

>>24437020
I'd take a can of deenz over an ounce of silver any day of the week in that kind of scenario

[Anonymous No.24437199]

>>24433381
Because Crypto goes down for years and I wanted something more stable.
A flu virus wiped out all the toilet paper and hand sanitizer. If SHTF you wont be buying shit as everything will be gone.
>>24433772
A nice suit costs around 10k USD JC Penney's doesn't count retard.

[Anonymous No.24437256]

>>24433381
When I see pics like that I always think they are wrapped in plastic haha
Dunno why

[Anonymous No.24437257]

>>24437199
>A nice suit costs around 10k USD
that sounds like jewiest of jew scams. why even bother? so you can ruin it when some dickhead drives through a puddle right next to you?

[Anonymous No.24437303]

>>24437257
Not the point retard. 1 ounce of gold does not buy a nice suit unless you are absolutely poor.

[Anonymous No.24437317]

God literally made silver and gold. The giants that the bible mentions were anunaki who came here to mine our gold.

[Anonymous No.24437326]

>>24433567
And how would they verify it's not fake. And how divisible would it be.

[Anonymous No.24437329]

>>24437199
>A nice suit costs around 10k USD JC Penney's doesn't count retard.
Off the rack suit from Macys + proper alterations from a tailor = any overpriced piece of crap you can get scammed into.

[Anonymous No.24437366]

>>24434483
Sub zero IQ

[Anonymous No.24437389]

>>24437317
They came here to have us (the slave species) to mine Gold because its what's needed to sustain a planets atmosphere.

>>24437329
I don't need advice I'm not poor. You rock collectors are pathetic.

[Anonymous No.24437443]

>>24436438
I plan to buy 1 ton of silver after I made it
AFTER I made it

[Anonymous No.24437548]

>>24437198
If you actually want to prepare for a SHTF look at this.

[Anonymous No.24438194]

>>24433381
Hodl. Its time will come.

[Anonymous No.24438280]

>>24437014
I worked in dominos
>Trump won
>wall Mexico
>dominos started to print “made in Mexico” on ALL THEIR MUSHROOM packs
>removed it after a month
>started charging for peppers and increased soda .5$ every few months.
>they wanted more money, so they reduced raw product delivery Guys from 2 to 1
>Covid hits
>increase delivery charge
>increase pizza price
>employee still get paid the same
Dominos is the most Jewish pizza shop in usa

[Anonymous No.24438305]

Are you really so poor that buying like 20oz of fucking silver is even worth regretting? I bet you found out about PMs in September and think they're gonna make you filthy rich in a month.

[Anonymous No.24438399]

>>24433381
crypto and PM are frens. they're two sides of the same coin, but one has satoshi's wager.
If the Bitcoin experiment is to succeed as new money...
>The power grid must be stable
>Unconstitutional (USA) taxes passed on crypto transactions must not be enforceable
>The development of Bitcoin must be good for the network and the code must be maintained and audited
if any of these three elements is lost, it's over. What we're likely seeing right now is an unfortunate result of centralization. BTC is being manipulated upward by MMs for one reason or another. PM is being manipulated downward by COMEX to likely liquidate longs that may stand for delivery. Shit's insane.

[Anonymous No.24438426]

fuck silver, I got almost 100oz of this shit and I'm not selling until it hits $40, so I can atleast get out of it with some kind of decent profit. Gold is chill though, always good to have a little bit just in case

[Anonymous No.24438852]

>>24433632
>apocalypse scenario
>buy a house
this is your brain on pm's

[Anonymous No.24438865]

>>24433381
Fell for the schiff meme and the /pmg/ echo chamber

[Anonymous No.24438900]

>>24433652
100 years ago, not relevant

[Anonymous No.24438904]

>>24433381
It isn't one or the other, both investments can work side by side.

[Anonymous No.24438954]

>>24433501
I bought at 16 sold @ 29

Granted i bought back in too much because muh Nazi silver but yeah it hurts

[Anonymous No.24439018]

>>24438904
Schiff has to tweet faster against btc, he’s rekt anyone who’s followed him but at least he’s gotten rich off the gold premiums that he dumps

[Anonymous No.24439041]

>>24433381
>Why did I EVER buy this worthless shit, while I just could have bought more Crypto??
because you fell for some boomer 401k bonzi scheme. you literately helped pay off someones mustang

[Anonymous No.24439127]

A wise anon once said

[Anonymous No.24439189]

>>24433381
It's like weed
It's a gateway investment

[Anonymous No.24439242]

>>24433381
Just hold it for another 1000 years.

[Anonymous No.24439268]

>gold dumps 5%
>haha boomer rox

>btc dumps 60%
>its the future bro

I will laugh my ass off if gold does a 10x off this cup and handle, and btc crashes after Xmas again. Goldbugs are OG hodlers

[Anonymous No.24439303]

the thing is, if i want to buy silver, I can just go to jmbullion and pay for it with my ETH wallet. but if i wanted to buy ETH with my silver, it just wouldnt happen. for this reason alone, i keep a much higher ETH position and only buy silver when it has significant dips.

[Anonymous No.24439363]

>>24439303
Plus silver dealers want it at 5% below spot, Probly more so now it’s dumping

[Anonymous No.24439372]

pmg told me that Silver would be like $500 by now.

[Anonymous No.24439523]

>>24433438
I don't know. I like the fact that it's tangible and very well established.