Boomers + precious metals = selfish idiocracy

[Anonymous No.29576120]

My grandfather died late last year and my family has been struggling to go through all of his old junk.
Unfortunately he was a silver stacker and my family doesn't understand how to sell such large amounts of metal while not getting ripped off (everyone has tried to rip them off so far and the silver remains unsold 6+ months after his death).
The other problem is that my grandfather kept track of his silver purchases and most of the stuff is barely worth more than what he paid for it 10+ years ago. All in all it has been a nightmare for all of us.

My grandfather also invested in Ethereum at $100 and asked me to manage that money for him.
I was able to sell his Ethereum for a huge gain and sent all the money to my family WITHIN 3 DAYS while paying minimal fees.
My family is only able to manage the legal fees and funeral costs because of the Ethereum that was sold.

This is just a reality check for you boomers who think you're doing your kids and grandkids a favor by filling up closets full of junk silver, you're not. You're creating a painful and difficult chore for your loved ones and after 20+ years we can see that these metals were a bad investment. They might go up temporarily during economic stress, but when accounting for inflation they've performed horribly. Plus, nearly every metals dealer is a shady boomer trying to nickel and dime everyone who walks through their shop door.

It's 2021. Buy Bitcoin and stop screwing around with archaic and inferior forms of money.

[Anonymous No.29576274]

3 generations. You're obviously the third generation. I hope your family of morons gets what it deserves.

[Anonymous No.29576441]

The fact that I'll have to end up selling whatever I buy to retarded jewboomers to cash out is basically all I need to prevent me from buying precious metals.

[Anonymous No.29576452]

>>29576274
>nooooooooo you have to stay invested in my useless shit
Taking a snapshot of your wealth does not create generational wealth. It creates a generation consolation prize. Production assets are generational wealth.

[Anonymous No.29576550]

>>29576274
It's like the boomers trying to sell guns for three times what they're worth. Or the boomers selling houses for twice what they're worth. And so they never end up selling their silver/guns/real estate, remain broke, and complain about not being able to retire while eating out five times a week and taking an exotic vacation every year.

[Anonymous No.29576614]

>>29576274
I’m a multimillionaire from crypto and the first millionaire in my family.
Stay salty.

[Anonymous No.29576786]

>>29576614
And I've fought alongside Myke Tyson against a silverback gorilla
It was a draw

[Anonymous No.29576877]

>>29576786
stay poor. I've been in crypto since 2016 and it wasn't that hard. You must be a typical braindead boomer if you think it's unlikely to make a million or 2 in crypto.

[Anonymous No.29576959]

>>29576877
take your meds schizo
What an horrible thread

[Anonymous No.29577010]

>>29576959
then stop bumping it you stupid faggot

[Anonymous No.29578213]

>>29576120
This year shit is going down and it will go far beyond silver, because of the bankster's inability to 'print' commodities like they print fiat or shitcoin protocols. summer 2021, the rotshchild rockefeller system is going to come crashing down...a historical once in a 600 year event type economic crash. Nobody will be spared. A global metals panic will happen except instead of toilet paper and bleach, fools with fiat are going to desperately search for gold and silver but will find nothing! By end of 2021 we will be in a global precious metal standard with the price of an ounce of silver being the reference global monetary unit for all international banking, pricing of currencies and foreign exchange! This is because the enormous need for industry to physically hoard their own stash of silver once COOMEX defaults will manifest into a global metals panic since silver is a monetary metal.

Lets say the trust funds, big banks and worst of all insurance companies lose confidence in fiat and put 5% of their valuation into silver? AXA alone putting 5% of its cash into silver could purchase all the bullion currently existing. Imagine if it was on a global scale, it would leak to all tangible assets, even wood or grains of sand at this point. It would entirely halt the production of everything and push price discovery of every commodity sky high.

This is why the system needs an exit strategy by creating a whole world of infinite fiat resources that can be created at will : the crypto-space. You can create 100 billions XRP and then tomorrow morning add 100000 billions of a new shitcoin and it wont impact the real world in the slightest. Just sponges to soak up fiat fed printed money!

Silver and gold are the canary in the coal mine because they historically have been money for the past 5000 years and have all the functions asked to be a perfect medium of exchange (fungible, divisible, portable, durable, uniform). GLOBAL METALS PANIC INCOMING!

[Anonymous No.29578438]

>>29578213
You faggots need to shut the fuck up now, your COMEX default didn't happen for the SECOND FUCKING TIME in 6 months.

[Anonymous No.29578526]

>>29576614
Wow, your attitude is no different than a fucking boomer.

[Anonymous No.29578688]

>>29578213
This is how all boomers talk/argue and it boggles my mind. 0 facts, all opinion, wrapped up in a “just trust me I know better than you, son” attitude.

[Anonymous No.29578692]

>>29578438
Look at this, bitch.

[Anonymous No.29578829]

>>29578526
I was just stating a fact as a defense to this bs >>29576274

[Anonymous No.29578953]

>>29576120
Go to a coin shop and sell it. It's not hard. If he has thousands of ounces, drive around to more coin shops in your area. WOOOW so hard.

[Anonymous No.29578957]

Silver is worthless. Such a shitty metal even for decorative items. Corrosion, discoloration, many such cases, SAD!

[Anonymous No.29579077]

>>29578688
You’re literally no different, except that fucking guy actually understands what he is talking about. Stop being like my faggot ass father and get tons of silver. The crazy bitches on Reddit are going overdrive on this shit where they become dragon-tier on their first investment. Look at the data, you piece of shit.

[Anonymous No.29579154]

>>29578957

[Anonymous No.29579306]

>>29578957
Yep, no silver in electric cars. Or medical equipment. Or solar panels. Or cell phones. No reason to artificially keep the price low to keep consumerism high.

[Anonymous No.29579313]

>>29576120
sounds fud

[Anonymous No.29579564]

>>29579306
Yes so every incentive to keep the price low by literally everyone except boomers hoarding silver coins.

[Anonymous No.29579629]

>>29578953
>Go to a coin shop and sell it. It's not hard.
It's a ripoff and my family had horrible experiences with greedy old coin shop owners trying to milk them.

>>29579077
>data
You're showing me stats of a silver forum. Show me data that proves PMs are ACTUALLY scarce and won't have their prices manipulated for another 100+ years.

[Anonymous No.29579821]

>>29579629
Call them on the phone. Ask if they are buying silver. Ask if they are paying spot price. Anyone who isn't will be going out of business. Either your family is lazy, lying because someone wants to keep it, or this is a larp.

[Anonymous No.29580454]

>>29579629
literal brainlet
do some research before starting all that kvetching. if you are so rich then why did you need to sell grandpa's ETH to cover his funeral, why do you need to sell his silver right now?
so disrespectful, shame on you

[Liluz No.29580608]

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[Anonymous No.29582298]

>>29578438
>>29578688
BTC is just an entry on a distributed ledger. The 'value' is only created when governments deliberately allow their fiat notes to be converted to your ledger entry. If they ban it, it is technically worthless. So yes for most practical purposes, to transfer or store wealth or value bitcoin is useless in places like India, china etc where it is banned if not highly regulated. Its value is directly tied to governments allowing it to have value.

The opposite is true of gold and silver! which is why you can buy armies and literally topple governments by paying in gold or silver. Gold is still the money of governments and stability, that is how the rothschilds got rich and that is why Gold remains highly hoarded by central banks and major powers around the world, unironically in JPM LBMA vaults in london and New York and those days are coming to an end once COMEX collapses wrt silver...the first domino to fall.

Bitcoin is a deep state scam to soak up fiat printed fed dollars into a new invisible bullshit store of value, much like the emperors new clothes. The banksters are literally attempting that with bitcoin and it is going to backfire and fail in an epic way.

London and New York are able to run a credit DEBT BASED economy because they are the price discovery centers for gold and silver. This allows them to keep the price of precious metals low thereby increasing the purchasing power of the dollar and the pound eliminating inflation. This year they are going to lose that power!

This has nothing to do with being a gold or silver bug. This is a geopolitical event. 2020 the US UK lost the petrodollar:
https://web.archive.org/web/20210103010525/https://jonsnewplace.wordpress.com/2020/04/01/covid-19-ten-things-to-think-about/

2021 US UK Israel are going to lose the power over pricing of precious metals! The power to control inflation via COMEX AND LBMA SILVER AND GOLD SHORTS TO INFLUENCE PRICE DISCOVERY! HYPER METALS INFLATION ECONOMY INCOMING!!!

[Anonymous No.29583157]

>>29578213
Truth. Crypto is less real than fiat, if such a thing is even possible

[Anonymous No.29584069]

>>29576120
Based crypto grandpappy