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/biz/ - Business & Finance


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305603 No.305603[DELETED]  [Reply] [Original]

Is right now a good time to buy gold or silver bullion?

Be honest pls

>> No.305609

Yes

>> No.305610

Gold, no.
Silver, maybe.

>> No.305619

>>305610
why not gold?

>> No.305625

>>305619
Interest rates are expected to rise, further driving down gold. Gold's value is almost entirely driven by speculation.

>> No.305632

I read that gold is tough to corrode, but silver can weaar away.

If I were to bury my silver or gold underground for safekeeping, would I need to take precautions?

Would wetness and corrosion take place?

>> No.305644
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305644

you ignore this thread at your own peril, goyim

>> No.305660

I bought silver back in 2007 right before it spiked past $20 an ounce. I got 425 oz in bar form and 35 1 oz coins. When it spiked past 40 in 2011 I was tempted to sell but held onto it to see if it could breach 50/oz. I feel like a bit of a fool for not selling but I'm confident it will go up to and past previous Highs in the next few years.

I'll put it this way, if you plan to hold indefinitely then yes, buy buy buy! If you think you might need the cash in the short term then hold on to it.

And keep in mind: silver is actually consumed beyond recovering when it is used in electronics and when use for its antibiotic propertys. Why wouldn't you and to hold on to something that is getting rarer and rarer by the year.

>> No.305662

up

>> No.305665

can you not

>> No.305687

>>305660

Investing pro tip: when an asset you own goes up so dramatically, sell enough of it that you can cover your cost basis if it goes to 0. This allows you to more rationally evaluate future prospects and not wind up in a situation where you're throwing good money after bad hoping it goes up again.

>> No.305707

>>305687
Thankfully, in my case. The silver I bought was bought with profit from other investments otherwise I would have done exactly that. But as it stands I am already investing money that wasn't mine to begin with

>> No.305724

>>305632
just wrap it up in one of your tinfoil hats before you bury it

>> No.305734

>>305724
that's cute, juden

>> No.305739

>>305734

go back to /pol/ you dumbass cunt

>> No.305747

Depends... do you have enough liquid money ... no point in buying then selling it right back becsuse your too cash poor. .. investing and saving anything over 1 year it's always a good time. . For super short term liquidity green back is all powerful for long term savings gold is god

>> No.305751

>>305687
Playing with fire crackers over here.. pro tip dump your stocks if you accidently make a profit... super pro tip don't buy the god damn stocks

>> No.305768

What's the fucking point of stocks? It's not like you actually own a portion of that company. ... your ownership amounts to exactly dick in 98% of the cases... it's not like you get dividends guaranteed the corporation only hands those out before fund raising... so basically you've been sold a piece of paper that says you have a say when you don't. .. and says you will be paid dividends whenever the fuck we want to pay you.. it's really only useful for transfering ownership of a company via rich guy antics... too bad most plebs think their 5 shares of abcdef corp means a damn... go ahead call the secretary I'm sure they will know you by name

>> No.305773

>>305768
Why would I want to own part of a company that is steered by the whims of every joe blow with a Scottrade account?

>> No.305776

All stocks are is jew money. .. and jew money is any money that is fabricated on the spot for the intention of transfering real wealth.. Like facebook likes or dollars or stocks.. it's all a contrived currency with a principal of fucking around and conning as many people into playing along and adding value to the false currency via injecting real wealth into the equation. .. if you want to be rich don't play the game.. jew games result in pre ww2 era germany being broke or stock market crash aka cashing in on the false currency or housing bubbles selling defaults

>> No.305780

>>305776
Go back to your bunker.

>> No.305781

>>305776
Are you implying that gold is "real value"?

>> No.305817
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305817

Lots of kikes and Steven Speilberg sons ITT

just bought some gold and silver on ebay

gonig to bury it in my backyad and hope its value increases

Assuming socialism and liberalism, i wont be disappoointed

>> No.307279
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307279

>>305603
Yes.