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/biz/ - Business & Finance


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49382533 No.49382533 [Reply] [Original]

In cash you currently lose 10% a year from inflation

Stocks you lose due to bear market

Crypto is way down

Housing is in a bubble

Gold, silver etc. is in a bubble

What do you even hold to overcome the current hyperinflation? The most prudent course of action seems to be to spend it all on hookers and blow.

>> No.49382557

>>49382533
>Gold, silver etc. is in a bubble
ngmi

>> No.49382595
File: 348 KB, 2048x1536, AF61C2B1-1856-43F4-BE93-2DE6EB59A8BB.png [View same] [iqdb] [saucenao] [google]
49382595

>>49382557
Gold has gone up 600% in 18yrs. That is not sustainable.

>> No.49382620

>>49382533
> Gold in a bubble
> Facepalm

>> No.49382639

>>49382595
>dollar has gone down 600% in 18 years thats not sustainable

>> No.49382643

>>49382620
Gold’s in a bubble, yes.

>> No.49382653

>>49382639
You are suggesting 25%-30% real inflation in the USD per year.

>> No.49382656

Stocks hedge inflation long term. The problem with you people is that you check your investments everybody and are looking for things that always go up. There is no asset like that in existence. Stocks hedge inflation long term but you need to have a long time horizon and patience. If you trade daily you cant hold this asset class.

>> No.49382663

>>49382656

check your investments every day**

>> No.49382698

Just own nothing and be happy

>> No.49382712

>>49382656
The best way to get rich is buy low, sell high, not HODL for 20yrs

>> No.49382713

>>49382533
YOU VWILL...

>> No.49382719

>>49382653
totally unimaginable with trillions being printed over the years, right?

>> No.49382742
File: 49 KB, 500x500, artworks-000283179326-7flk7o-t500x500.jpg [View same] [iqdb] [saucenao] [google]
49382742

>>49382533
>What do you even hold to overcome the current hyperinflation?
Cunny

>> No.49382743

>>49382533
What part of the great reset do you not understand? There is no escape for plebs. All of your wealth will be siphoned away in one way or another.

>> No.49382781

>>49382533
You just said it moron. Crypto is way down. Sell your real estate and buy crypto. Jesus biz is dumb

>> No.49382827
File: 59 KB, 942x520, Screenshot 2022-06-05 at 04-37-46 Commodities - Live Quote Price Trading Data.png [View same] [iqdb] [saucenao] [google]
49382827

>>49382533
agricultural stocks
also, buy actual bags of rice and different types of oatmeal just in case
https://tradingeconomics.com/commodities

>> No.49382869

>>49382595
Are you dumb?

>> No.49383238

>>49382869
not sustainable

>> No.49383273

>>49382533
Energy market funds and wheat

>> No.49383307
File: 39 KB, 763x433, Screenshot 2022-06-05 at 21-34-23 United States Money Supply M0 - May 2022 Data - 1959-2021 Historical - June Forecast.png [View same] [iqdb] [saucenao] [google]
49383307

>>49382653
>You are suggesting 25%-30% real inflation in the USD per year.
Yeah, crazy huh? Pic related.

>> No.49383322

>>49382557
>>49382620
>Russia and China are the biggest holders of physical Gold
>we are in the middle of a 2nd Cold War, hell might even be WW3 when you look at all the recent fires in strategic facilities in both US and Russia
>expecting the burgers NOT to pull off something that'll crash gold and fuck over their biggest rivals

>> No.49383345

>>49382742
Cunny depreciates in value over time and the war has given us a surplus of AAA cunnies

>> No.49383615

>>49382653
are you implying fed is telling the truth and numbers aren't even worse?

>> No.49383702

>>49382712
>The best way to get rich is buy low, sell high, not HODL for 20yrs
The whole point is to HODL until you can sell high you goldfish attention span zoom zoom

>> No.49383716

XLE Gas isn't getting cheaper and you not being able to drive helps lower your carbon footprint and saves us all anon :)

>> No.49383735

>>49382533
I don't worry about it. I'm going to be homeless if I worry or don't worry. Why add stress to the inevitable

>> No.49384363

>>49382533
>What do you even hold to overcome the current hyperinflation
Unironically cash. CPI doesn't mean shit if the assets you want are falling. Just hold dollars and buy cheapies. Housing is set to do a -15% within a year and cars will probably also dip hard as all the plebs rapidly run out of cash and start getting black marks on their credit again.

>> No.49384386

>>49383238
That word means nothing in finance. Midwits throw it around because it sounds like it means something. It means literally nothing

>> No.49384464
File: 62 KB, 900x600, flaka.jpg [View same] [iqdb] [saucenao] [google]
49384464

>>49382533
EBT cards credit cards glocks weed burner phones

>> No.49384476
File: 87 KB, 511x606, 1467673508595.jpg [View same] [iqdb] [saucenao] [google]
49384476

>>49383322
>crash gold and fuck over their biggest rivals
Goddamn. I don't know how, but that's a very reasonable idea. How do you remove human wants plus industrial use? Are material sciences about to leap forward?

>> No.49384530

>>49384476
gold is only going to be scarce for maybe another century or two at most. The minute we begin industrializing space and have the means to economically mine asteroids and bring the minerals back to earth, it will end all forms of material scarcity (at least for the time being, who knows how much human population will grow at that time).

Just to give you perspective, even just mining one small asteroid less than a km in size off in the oort cloud would basically crash the price of gold, platinum, silver, etc. on earth. Quadrillions worth of metals and elements are sitting there in just one rock.

The second, even more assured method by which scarcity of precious metals will be ended, is through brute force. Nuclear fusion is basically alchemy, you can create any element from any lighter element using nuclear fusion. At some point in the future, fusion will be mastered to the extent of being used industrially for many applications besides just power generation. The limiting factor is how much energy you have. With our current energy production, synthesizing gold from lighter elements like helium would be exceedingly wasteful. However, in the future with space based solar and dyson swarms around the sun (even just the beginnings of such a project) the amount of energy we would produce would make fusion commercially viable as a means of synthesizing heavier elements such as precious metals.

Such a post-scarcity economy would revolve primarily around energy as the unit of "money" or value, since that would the main unit of value for doing anything.

>> No.49384599

>>49384530
>dude don't buy gold because in 10000 years we will be on mars n sheet

>> No.49384663

>>49384530
> even just mining one small asteroid less than a km in size off in the oort cloud would basically crash the price of gold, platinum, silver, etc. on earth.

yeah, gimme a source for that

https://theprint.in/opinion/giant-asteroid-has-gold-worth-700-quintillion-but-it-wont-make-us-richer/260482/

>> No.49384667

>>49384599
Are you expecting civilization to collapse to the point where technological society stagnates or regresses in your life time, and anticipate people reverting to a sort of gold standard like the old days? Then sure, buy gold.

Are you buying gold expecting it to significantly appreciate in your life time so you can have more purchasing power? I disagree with that but sure go ahead its your money.

However, are you buying gold to protect your wealth and leave to your kids? Bad idea, in a few generations it will be worthless as soon as some space miner strip mines an asteroid in the oort cloud and brings back a bigger haul of gold than humanity has ever dug up in its entire history.

>> No.49384680

>>49384599
Buy platypoge.xyz ser

>> No.49384692

>>49382533
Niggers. Hold slaves. Any race will do though.

>> No.49384699 [DELETED] 
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49384699

>>49382533
platypoge.xyz makes you win from here, only way is up ser

>> No.49384713

>>49384663
you literally just posted a source. The article even flat out states what would happen, gold would become next to worthless relative to its current value, like copper. It would become so cheap that it would be used in common every day items such as electronics or power lines. It actually would lead to an improvement for society because of that, since gold is a much better metal than copper for many applications and is not used due to cost.

This is effectively what post-scarcity means. Things which are valuable today, become so abundant that they are next to worthless. Even a broke wagie could afford to cover their entire body in solid gold like king midas.

>> No.49384725

>>49382533
>Stocks you lose due to bear market
If you sell.

>> No.49385063

>>49384530
We're talking about the next 25 years or so. Gold will be safe during that time.

>> No.49385116

>>49384713
> you literally just posted a source.

I was more thinking of the “asteriod less than 1km across”

>> No.49385232

I feel like shit lads. I have a flat, which I don't want to sell because then the money will get eaten by inflation. But the housing market is already turning and it's probably just going to actually lose value even over cash. I have some cash, which I don't know what to do with, I've been waiting for stocks to crash forever and everyone keeps saying it's going to happen but it never does to the extent where buying in seems sensible. I have crypto, which was worth 4x more in FIAT last year so that's not great.

I just feel like I'm getting fucked left, right and center. My life is already stressful and shit and now the few assets I've scrounged up over the years are just going to zero. My income is already trash and living costs are increasingly hard to meet.

>> No.49385255

>>49382533
Long commodities with futures.
Wheat, Corn, Basedbeans, Rice... They will all go up indefinetely in this decade

>> No.49385276

>>49385255
>basedbeans

kek

>> No.49385386

>>49382653
seems a bit low actually

>> No.49385393

>>49385255
I’ve got calls on WEAT and DBA which I expect to explode around this year’s harvest, from fertilizer ooukrainee, and sabotage
calls on copper which should recover to around its 4.80
I might just buy some ETFs after these expire and hold em, energy and food

>> No.49385398

>>49385276
go back newfag

>> No.49385775

>>49384530
NASA said we don’t even have the technology to return to the moon. Something about it being “destroyed.” You honestly think mining asteroids in on the horizon?

>> No.49385803

>>49385775
why do people keep repeating this false claim? Its a comment taken out of context. The original dyes and fixtures, tooling, and so on used to fabricate the Saturn V rockets from the apollo program are gone. They've been sold or scrapped or otherwise disposed of.

The technology itself is not gone, we can build a rocket like that again. However it wouldn't be the saturn V, but a modern version made with modern technology, tools, and methods. For example it would use modern electronics.

>> No.49385821

>>49385775
yes, mining asteroids is on the horizon once space is sufficiently built up with infrastructure to support such endeavors. We need a low cost method of getting into LEO and space stations and fabrication facilities there to build larger space ships that can make round trips around the solar system in a matter of months, not years. Its all very doable and will happen with time.

>> No.49385969
File: 91 KB, 189x209, 1454644871089.png [View same] [iqdb] [saucenao] [google]
49385969

invest in yourself, loser

>> No.49386283

>>49385803
>it will be MODERN
cant wait to ride to the moon on a particle board rocket running javascript written by pajeets

>> No.49386314

>>49382653
Why do you think housing, education, and healthcare were removed from the CPI

>> No.49386324

>>49382533
real gdp growth rate/usd ???

>> No.49387238

>>49384667
What's your timeframe on mining asteroids? I don't expect the current monetary system to last another 10 years.

>> No.49387598

>>49384530
>he thinks it will be economically feasible or even possible to mine asteroids
>he doesnt think billions of niggers getting bennies wont stop this

>> No.49387686

>>49385821
No it wont. This civilization will be long gone before any of that. And it would be in their interest to keep things expensive by limiting the supply, you think theyre just gonna release 7000000 gorillian dollars of gold onto the market? They wouldnt even return a profit on the shit. Thats not how these people operate, if any of this shit was even possible.

>> No.49387785

You won't be able to keep your money if it's really going down
Invest in yourself, be ready

>> No.49388760

>>49384530
Holy fuck you are stupid. Do you know anything at all about space travel and how fucking retardedly ultra obscenely ridiculously expensive it is?

>> No.49388812

>>49383322
The US is still the biggeat holder if you trust official numbers

>> No.49388917

>>49382533
You lose when the plan is short term anon, if the goal is long term you will win inevitably.

>> No.49388995

>>49382533
Done with all this market anon, I am playing games till further notice.

>> No.49389062

>>49382533

housing is not in a bubble.

Ask any boomer. It goes up forever and never crash again.

>> No.49389120

>>49382712
That's it anon, i intend to do this with Alliance Block just after their DEX launch since the price action is very juicy now.

>> No.49389206

>>49382781
Definitely going to consider doing this and i would likely pick crypto assets with passive income opportunities an example is MUST with over 50% APY on Quickswap.

>> No.49389215
File: 38 KB, 770x433, 9E16BADB-FDA7-42EB-B67A-7B86972B2533.jpg [View same] [iqdb] [saucenao] [google]
49389215

isn’t it true that no one has been into outer space proper for 50 years?
seems suspect to me. Almost like it’s fake. And gay. Exactly like
>muh coof
>90% of muh mass shootings
>muh hollowhoax
>muh g*ya aren’t just wicked perverts (they’re born dat way!!!)
>muh man-caused climate change goan burn us all up if we dont eat da bugs

>> No.49389225

>>49382533
lmao gold and silver are mathematically worth way more than spot price. One US currency was a receipt for a modern $22 1 ounce silver coin. Gold/silver is the best thing to hold despite what cryptobros say

>> No.49389269

>>49389215
this muh space reddit faggot needs to go back

how can I short these Star Trek is real fantasies and profit?

>> No.49389420

>>49382533
legos

>> No.49389424

>>49382595
Look up the m2/gold marketcap graph

>> No.49389482

>>49387785
Asides from investing in myself i do think there are some alts worth giving a shot, this is solely because of how well their teams have been building one such alt is MUST and their reputation is shown in how fast the cometh ecosystem is growing.

>> No.49389593

>>49383702
The problem is that people forget the selling part. They're so afraid of missing out on future gains that they just hold their assets into the next bear market cycle over and over again.

>> No.49389751

>>49382533
>What do you even hold to overcome the current hyperinflation?
machines that do something good and useful, and learn how to use them, double win

>> No.49389769

>>49389215
You really think someone would do that? Just grab a gun and shoot random people? Yeah, I do. Apparently you don't.

Apparently you think all people are really good deep down and no one would EVER do that. Hence 90% of mass shootings are fake.

>> No.49389773

>>49382653
Audit the fed? oh wait.. you can't

>> No.49389790

>>49382533
>all in on junior precious metals mining stocks
quite comfy

>> No.49389804

>>49383238
>>49382595
t. literal retard

>> No.49389817

>>49382533
>Gold, silver etc. is in a bubble
topkek, nice way to out yourself as completely clueless on the subject. Silver is so manipulated on the downside miners are few cents away from losing money for mining it.

>> No.49389853

>>49382533
>Gold, silver etc. is in a bubble
FUCKING LMAO

>> No.49389917

>>49382533
First of all there's no assurance what you hodl will do well but i do believe if you get projects coming up with good products like Alliance Block with their DEX then you should be good to go.

>> No.49389996

>>49384530
if only there was an energy-based currency
where would one find such information available

>> No.49390183
File: 124 KB, 1377x688, IMG_20220522_094923__03.jpg [View same] [iqdb] [saucenao] [google]
49390183

>>49382533
He thinks gold and silver are in a bubble.

>> No.49390309

>>49389817
>Silver is so manipulated on the downside miners are few cents away from losing money for mining it.
not necessarily. margins have gotten a lot thinner since oil, gas, and capex has gone up so much lately but the silver price is better than what it was a few years ago. but if we go back down to $16 or something, which we could, that's a different story and you would absolutely be correct

>> No.49390331

>>49382533
Im just accumulating staking and governance rewards for next bull run

>> No.49390382

>>49382653
>25-30% yearly inflation
oh my, would you look at the yearly house price increases

>> No.49390653

>>49382533
Buy necessary means of production.

>> No.49390677

>>49382742
Nico is a hag though

>> No.49390895

>>49382533
>What do you even hold to overcome the current hyperinflation?
Bic lighters.

>> No.49391785

>>49382653
do you even understand how mathematics works? lmao

>> No.49391839 [DELETED] 

BITCOINU BSC IS LIVE, BIG CALLS INCOMING! NO JEET SHIT!

tg bitcoinubsc
0x dd87022c1c1206fc0951051e424dbb527b953120

>> No.49392213

>>49390895
that LARP post you're referencing was proven to be BS and the author was completely discredited

>> No.49392621

>>49385232
Buy PMs like Gold or Silver or Commodities futures, jesus you are ngmi if you keep thinking like the average wsb retard

>> No.49392659

>>49382653
Woah stop the anti-semitism

>> No.49392755

>>49382533
Lebanese cash isn't cash.

Also, yes the economy goes down and things depreciate. The mistake is to believe that there's supposed to be a magic safe option. There's not. Do things that allow you to accumulate wealth faster then it depreciates.

>> No.49392772

>>49389817
Why would they manipulate silver so it's cheaper?

>> No.49392856
File: 211 KB, 530x800, lily_15.jpg [View same] [iqdb] [saucenao] [google]
49392856

>>49388812
And probably if you don't trust official numbers.

>> No.49392914

>>49392772
needed for many industrial applications, such as smartphones (to continue surveilling/brainwashing us), as well as demonstrate to the unwashed masses that silver is not an inflation hedge or worth their money or attention

>> No.49393119

>>49389769
Compelling argument.

>> No.49394180

>>49389769
Most people absolutely wouldn’t because doing so is suicide and the vast majority of would-be mass shooters don’t have it in em
Also, do you know what ~90% means?
inb4 blue pilled normie reply

>> No.49394197

>>49386283
Nobody is going to keep half a century old tooling sitting around rusting when there is no need for it anymore. We don't have the tooling to make more Saturn V's for the same reason we dont have the tooling to make more 1957 Ford Thunderbirds. It would be cheaper and more efficient to design and produce a new car using modern (superior) tools, methodology, and parts than to try to recreate a 60+ year old car.

The same is true for the saturn V. Look at what Musk is doing with the Falcon Heavy and starship for an example of this.

A single Raptor engine produces about 1/3 of the thrust of the F1 engine of the Saturn V. Actually, it is a bit more now. The SuperHeavy booster has 28 Raptors, a Saturn V has 5 F1s.

Note that a single Raptor engine weighs about 20% of an F1. The reason it produces so much thrust is that it has a combustion chamber pressure of 300 bar(atmospheres), now 330 and an F1 has a chamber pressure of 70. That is a big difference.

So, even though single raptor has about 3.5 times less thrust than F-1, for the same total engine weight almost double the thrust can be achieved by using 7 Raptor engines instead of one F-1 engine.

>> No.49394235

>>49386283
>>49394197

Raptor also uses much more efficient engine cycle, full-flow staged combustion cycle, where all the fuel and oxidizer both flow through the turbines and the main chamber, allowing much higher chamber pressure to be used without stressing the pumps too much, and meaning all the fuel is optimally burned in the chamber, while in the gas-generator cycle of F-1 only small amount of fuel and oxidizer is running the pumps which prevent using very high chamber pressures, and the pump has to be run at fuel-rich mixture so that some of the fuel running through the pumps turbine exit the pump unburned, because using higher amount of oxygen and burning it all optimally would have made the turbine too hot. This means some of the fuel is wasted in F-1. Raptor also uses methane as fuel, whereas F-1 uses kerosine. These three factors together gives Raptor considerably better specific impulse (fuel economy).

And this much better specific impulse is a very important thing, because typically over 90% of the liftoff weight of rockets is propellant, and most of the fuel is used for lifting fuel that is used later in the flight. When the engine has better specific impulse so that it needs less propellant, the rocket can become much more efficient, either carrying much more payload or weighting much less.

All of this means that the raptor engines will allow for superior rockets to the Saturn V.

So no, we haven't "lost" the technology for the Saturn V, just the tooling to make more. But we have already surpassed that rocket with newer and better technology, and that is being implemented now that there is capital and will to do so.

>> No.49394254

>>49382533
Bonds market when rates hit 3%

>> No.49394297

>>49390331
This is pretty much much what I've been doing with my RFOX stack, and the reward is ading up really nicely. Getting 40% for doing nothing is a no brainer.

>> No.49394312

>>49382533
If everyone else loses, I win, anon. That’s what you’re not seeing. This is what it’s all about.

>> No.49394333

>>49382533
My stocks didn't lose much.

>> No.49394346

>>49382595

Gold and silver are undervalued as fuck, you retard. Holy shit you do not understand wealth cycles for shit dude.

>> No.49394349

>>49389917
Lots of DEX hitting the space soon. I also read of a DEX going live on Solana called Hiveswap, and I'm looking to try it out to see what I can enjoy in the ecosystem.

>> No.49394360

>>49382533
I bought cattle as a hedge

>> No.49394395

>>49382781
There's no better time to buy than now. I'm taking advantage of the low prices to stack up more Dot, Rfox, Sylo, and Axl. I'm also looking out for Hxd so I can go in early on it.

>> No.49395171

>>49394349
>>49389917
>dex
hDex is superior
You're an idiot if you're not in TXA and Tacen.

>> No.49395284

>>49382533
what you idiots dont get is the fact that there will be no more easy returns. there will be volatility and if you can navigate the environment there is return to be made, but you wont get rewarded for buying and holding any more

>> No.49395310

>>49382533
Russian ruble

>> No.49395385

>>49383345
Surplus is indicative of lower value. Should be able to buy and hold bulk Cunny until vaxxed roasties die off in mass. Drives up value of said Cunny. Better happen fast as women age like milk.

>> No.49395440

>>49385775
Space is fake and gay.

>> No.49395490

>>49395171
You don't have to force your shit project down anyone's throat.

>> No.49395535

>>49395490
>shit project
stay poor

>> No.49395562

>>49382653
You are suggesting this hasn’t happened 109 times before

>> No.49395668
File: 908 KB, 2038x972, 4854947595.png [View same] [iqdb] [saucenao] [google]
49395668

>>49382533
>crypto you lose
Not necessarily. Sustainably getting 11% annual percentage yield on stable coins in crypto is not a lose. As a matter of fact, it is the only way to stay alive in this shit

>> No.49395705

>>49382653
>What is the compounding rate of inflation

>> No.49395885
File: 24 KB, 1024x576, _88055584_rooshv-3448380345 (1).jpg [View same] [iqdb] [saucenao] [google]
49395885

>>49382533
The best thing to invest in are things that people need. Cars, gasoline, food, beer, cigarettes, toilet paper, etc... Swing those for monopoly money, buy again, rinse and repeat. Just don't be holding lots of inventory if things start to recover.

>> No.49396255

>>49382533
Don't generalize. I can see people making something tangible out of DeFi, most recently in Spool. Crypto is down of course, but there are actual ways to play around yield strategies to remain positive and green.

>> No.49397982
File: 30 KB, 599x567, tom shrug.jpg [View same] [iqdb] [saucenao] [google]
49397982

>>49383322
>>expecting the burgers NOT to pull off something that'll crash gold and fuck over their biggest rivals
>something that'll crash gold
like what? provide a way to crash gold. It's doable with everything else:
>stocks: dig up/fabricate dirt on wall street execs and the market will rip itself apart without the manipulation
>fiat: print shitloads of perfect counterfeit american dollars and airdrop them over dense poor population areas.
>crypto: disable the ledger networks
>gold: pic related
even if you go full mansa munsa you won't affect the value of gold all you'll be doing is destroying their fiat system with extra steps

>> No.49398277
File: 74 KB, 867x639, image0.jpg [View same] [iqdb] [saucenao] [google]
49398277

>>49382653
yes. why else do u think the money supply is split into m0 m1 m2 and why interest rates only refers to m2 which is the lowest of thee. M0 is like 38% infaltion ytd

>> No.49398285

>>49382595
>>49382653
If it's even in large part, if not totally, just a reflection of the dollar's shrinking value rather than of any big increase on the gold's part, what's unsustainable about it?

>> No.49398539 [DELETED] 

>>49382742
this but unironically
control over cunny supply is the most valuable thing on the planet

>> No.49398590

>>49382533
>bonds
They want to make bonds (esp inflation bonds) more attractive by crushing real estate, dragging down stocks, crashing crypto, and suppressing gold.

>> No.49398652

>>49395668
>Sustainably
HAHHAHAHAHHAHAHHAHAHAHHAHAHA
ITT we laugh at this anon

>> No.49398660
File: 394 KB, 1242x1636, 5AB414F4-8A30-4662-B982-59719DADE39A.jpg [View same] [iqdb] [saucenao] [google]
49398660

>>49382595
>Gold has gone up 600% in 18yrs. That is not sustainable.


You're so retarded it hurts

>> No.49398662

>>49382557
OP tells you the gold is, but can't say shit about Silver. Silver is an amazing investment right now.