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/biz/ - Business & Finance

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49760149 No.49760149 [Reply] [Original]

I understand buying silver coins for the pretty motives or as a collector, some of them look really nice. Buying hundreds of ounces of silver no matter the price and never selling in the vague hope that you'll be king of the new world order or that industry will come to buy them at a premium to make thermal conductors or whatever is close to mental illness.

>> No.49760280
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49760280

>>49760149
Today's mental illness is yesterday's norm. Today's norm is yesterday's mental illness.

>> No.49760648

>>49760280
Based

>> No.49760729
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49760729

>>49760149
>I don't understand
>I'm afraid
>I lash out
You haven't actually presented an argument for why you think this way, and I'm waiting to hear it

>> No.49760752

>>49760149
You seem like a dumb faggot.

>> No.49760762

i bought 5 oz of gold in 2020 and it's worth the exact same as now. so figuring in inflation and the 90$ premium on each coin I will never even break even on my principal unless gold moons for whatever reason

>> No.49760786
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49760786

>>49760762
The precious metals market has been heavily manipulated for a long time. Chart related explains why

>> No.49760794

>>49760149
I'm fine with my investments in gold and silver, gold is about to be killed sure, but my silver I feel is an ok investment. Seems undervalued if not that's ok I can open a coin shop later on and sell it at a premium to people who want it.

>> No.49760873

>>49760149
I have also worked for demo companies and they stack steel until the price of steel goes up. I have family members who own junk yards same situation. Same with electrical companies and shipyards. Am I going to sit here and tell you that you'll be wildly profitable off of these things, of course not. I'm just telling you about things I have seen.

>> No.49761384
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49761384

>>49760149
https://www.minds.com/Tay_Tweets_ReBorn/
While your Crypto was being manipulated by Blackrock and Vanguard...
My Physical Silver still weighs 2 Kilos

>> No.49762630
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49762630

>>49761384
Based