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/biz/ - Business & Finance


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File: 2.66 MB, 2200x2544, PXL_20220922.jpg [View same] [iqdb] [saucenao] [google]
51603934 No.51603934 [Reply] [Original]

In USD.
Image taken from a libertarian on /pol/ who said the world is about to collapse

>> No.51603951

>>51603934
Three dollars and fifty cents

>> No.51603952

>>51603934
those silver kilos are really pretty.

>> No.51603992

Roughly 1.3 million CAD

Which is not a lot btw

>> No.51604005

>>51603934
A Metric Shiton

>> No.51604008

>>51603934
if those are kilo bars, more than $773k, not counting the silver or the little gold bars or the coins in the back

>> No.51604179

>>51603934
link to the thread please

>> No.51604339

>>51603934
how hard is it to calculate sheesh? 80% of the gold or so is in 1kg bars, you count the big ones and multiply by gold price, doofus

>> No.51604345

>>51603934
he's right, but if he had waited for gold to bottom with the deflationary shock of the world's debts all rolling into way higher rates and everything collapsing first he could have bought for much less.
Granted let's see if we have a banking system if that happens LMFAO

>> No.51604467
File: 1.21 MB, 1195x507, Screen Shot 2022-09-23 at 10.23.33 PM.png [View same] [iqdb] [saucenao] [google]
51604467

Literally worthless, all you need is some good ole USD.

>> No.51604485
File: 1.64 MB, 2345x1765, 3943DFB1-2DAA-4C00-A2DF-9E2F7E0CC0F6.jpg [View same] [iqdb] [saucenao] [google]
51604485

>>51604467
Don’t deny the future of your mapper currency

>> No.51604520

>>51603934
20 pounds of chocolate? maybe 100 bucks if it's good quality

>> No.51604615

>>51603992
His money is OUTSIDE the banking system.

>> No.51604657

Lol imagine it falling off the balcony gotta get the pic for the gram th0

>> No.51604661

>>51604657
pretty sure there is a glass window behind that stack, fren

>> No.51604674
File: 351 KB, 1290x1342, 1637376479497.jpg [View same] [iqdb] [saucenao] [google]
51604674

>>51603934
>pixel chad
he's right

>> No.51604706

>>51603934
all hope of falling back to the gold standard relies on trump, or someone like Ron Paul

>> No.51605418

>>51603934
Can you figure out where he lives from that pic? Someone should rob him.

>> No.51605511

>>51603934
$50 worth of Brass

>> No.51605512

That is not a libertarian, that is the watch guy; he’s a faggot.

>> No.51606177

>>51603934
link thread pls

>> No.51606251

Why is the world going to collapse?

>> No.51606269

>>51606251
niggers

>> No.51606378
File: 8 KB, 247x247, 1653493782943.jpg [View same] [iqdb] [saucenao] [google]
51606378

>"Do you have food and or water?"
>Yes, if you have tobacco or some booze we can barter
>"Tobacco and booze? lol no I have REAL money here, I'll pay you with useless metals"

>> No.51606405

>>51606378
working that way for 4000 years now
what makes you think it would be different now?

>> No.51606477

>>51606378
>that will be $4
best i can give is $700 worth of gold

>> No.51606481
File: 135 KB, 400x384, 1656461329991.jpg [View same] [iqdb] [saucenao] [google]
51606481

>>51606405
>nigger slaves? working that way for thousands of years
>what makes you think it would be different now?

>> No.51606487

>>51606251
White women who believe the zog lies and promote them to our neighbors/youth. And niggers

>> No.51607130
File: 30 KB, 612x408, dystopic.jpg [View same] [iqdb] [saucenao] [google]
51607130

>>51606481
>most people are free independent thinkers and not slaves
you are funny bro

>> No.51607216
File: 48 KB, 509x339, hungry man.jpg [View same] [iqdb] [saucenao] [google]
51607216

>>51607130
>women not voting? working that way for thousands of years
>what makes you think it would be different now?
I can keep going but you already know well my point which is why you deflected in that post.
If shit hits the fan nobody is going to value gold higher than a week worth of food/water. Simple as.

>*beep beep beep*
>"I'm so glad I bough all that gold instead of canned food -ACK"
>*beeeeeeeeeeep*

>> No.51607246
File: 11 KB, 294x172, vote.jpg [View same] [iqdb] [saucenao] [google]
51607246

>>51607216
>>women not voting? working that way for thousands of years

>> No.51607267
File: 79 KB, 700x646, 1662859116943710.jpg [View same] [iqdb] [saucenao] [google]
51607267

>>51607246
I accept your concession.

>> No.51607288

>>51607267
Show booba

>> No.51608095

>>51607216
then why didn't it work that way 2000 years ago lol
or 1000, or 100 or right now in venezuela

god you're such a retard
you don't even understand why humans need currencies in the first place

>> No.51608187
File: 61 KB, 460x520, aBxmyN1_460s.jpg [View same] [iqdb] [saucenao] [google]
51608187

>>51608095

>> No.51608215

>>51608095
>or right now in venezuela
The people trading their gold away in Venezuela are trading it at a massive loss and the people accepting gold are doing it because they have means to sell it outside Venezuela.
Are you going to defend BTC as well? Because it gets used in Venezuela as well in the exact same fashion as gold.

If anything, Venezuela is living proof that gold in a shit hits the fan situation is a meme.

>> No.51608245
File: 67 KB, 1478x388, venezuela.png [View same] [iqdb] [saucenao] [google]
51608245

>>51608215
Back to your kitchen bitch

>> No.51608373

>>51608245
>flakes of gold for haircuts
literally overpaying haircuts, thanks for providing proof of what I just said

>> No.51608394
File: 28 KB, 700x483, ErFILr0VcAADzpa.jpg [View same] [iqdb] [saucenao] [google]
51608394

>>51603934
Not a lot, actually. I would say around 850 to 900 thousand, not even a million. Hell, my three month stack of VINU is worth more than that, which is both pathetic of you and sad to all the metalfags

>> No.51608415

>>51608373
>overpaying
Nice try hole
setting price and bartering when currency failed has been my first question to you here >>51606405
You still havent answered it bitch
Its obvious you cannot possibly offer ALL goods and Services so you need some form of barter system
Its also obvious that if a currency fails a cummunity will go back to something that has already worked

>> No.51608441

>>51608215
I’m no gold schizo but I know a lot about venezuelas descent into hyperinflation and thats horseshit. Early on in the crisis PMs became the default currency that people used to make larger transactions. Someone needed to sell their car or house so that they could buy food? The buyer would need to pay with gold.

After about 2-3 years gold and silver began to lose value since people realized they couldnt eat it, and while it was still used as a currency they had more of a barter system for smaller transactions

>> No.51608513

>>51608415
There's nothing to argue about.
Gold has no use. If shit hits the fan, food, water, medicines, etc are inherently more valuable than gold. Nobody who may be dying of hunger next week will trade you his canned food or antibiotics for gold.
>b-but Venezuela
Venezuela is simply a bad example because people are, in fact, overpaying in gold and on top of that they still accept fiat currencies as the root of the problem is that they don't trust their own currency from holding value and only their own.

>>51608441
So what you are saying is that people trusted gold to "do its thing" but after people realized how bad things actually were gold and silver lost value because in a desperate situation it's actually a garbage and useless thing to hold.
That's literally what I said. Venezuelans never stopped accepting different currencies anyways, not sure where do you get the idea that you had to buy things in gold (an only gold) when dollars were just as acceptable.

>> No.51608565
File: 125 KB, 771x781, chump change.jpg [View same] [iqdb] [saucenao] [google]
51608565

>>51603934
It looks cool but having precious metals like that isn't practical.

The most practical form of precious metals are old european soverign coins that you mix with worthless base metal fiat currency coins.

Customs will shake you down over a few one ounce silver coins but they won't blink a eye at some 'chump change' with tens of thousands of little gold coins mixed in.

Like you could literally sneak hundreds of thousands of dollars worth of dirty old european gold coins but get questioned by having a few hundred dollars of generic one ounce silver coins.

>> No.51608578

>>51608513
>Gold has no use.
Thats bullshit and you know it. Its the original Money and accepted in every city worldwide
>If shit hits the fan, food, water, medicines, etc are inherently more valuable than gold. Nobody who may be dying of hunger next week will trade you his canned food or antibiotics for gold.
In that situation i agree but you would have ample time to trade your savings (in gold) for a plane ticket to a non-shithole country and convert the rest of your savings to a local currency

>> No.51608617

>>51608565
Customs dont give a fuck if you declare bringing money in (sane and stable countries of course)

>> No.51608662

>>51608578
>Its the original Money
Irrelevant. The only value that made gold 'money' is the fact that it cannot be copied which was perfect for a controlled economy. If shit hits the fan there would be no controlled economy therefor there would be no reason to perceive gold as valuable.
>you would have ample time to trade your savings (in gold) for a plane ticket
If USA's economy collapses so does the rest of the world. There would be no 'non-shithole' place to go to.

>> No.51608687

>>51608662
Are you still living in the us? Kek

>> No.51608920

>>51608687
>another deflection
I'll say it again
>If USA's economy collapses so does the rest of the world

>> No.51608939

>>51608920
The us is not the world bitch
Empires come and go
Inb4 rome,spain, england....

>> No.51608979

>>51608513
>Nobody who may be dying of hunger next week will trade you his canned food or antibiotics for gold.


Just hand it over. For free

>> No.51608987
File: 840 KB, 1920x1280, 3D773CB1-B3BF-4FF2-9FC9-F37EED3878B0.jpg [View same] [iqdb] [saucenao] [google]
51608987

>>51608939
Then go use someone else’s money, you pussy bitch nigga

>> No.51608994

>>51608939
>comparing old empires to the interconnected globalized current world
lol

>> No.51609003

>>51603934
probably around a million dollars US, maybe a little less

>> No.51609020

>>51608987
Why is that picture so funny

>> No.51609027

>>51608987
I think ill save in gold and exchange to what is best at the current time. What do you think? Bitch?

>> No.51609033

>>51608994
>globalized
Uhm sweaty....

>> No.51609034

>>51608513
>So what you are saying is that people trusted gold to "do its thing" but after people realized how bad things actually were gold and silver lost value
Its insane rise in value against hard assets was temporary, yes. But anyone who held gold or silver going into the hyperinflationary event won big as long as they didnt sit on it throughout but actually traded it against hard assets. The further you get into a crisis and the more desperate people become for food, the less value the gold will have

>> No.51609043

>>51609020
Cuz they’re all Eastern Europeans

>> No.51609046

>>51609033
>the world is not globalized
I already accepted your concession but I'm okay accepting it again.

>> No.51609060

>>51609046
>Noooo not the Deglobalisationerino noooooo

>> No.51609062

>>51609034
And anyone remember that interview with some Venezuelan where she went through the whole crisis step by step? That was interesting. They asked her if she could go back to before the crisis and give herself one advice, what would it be. And it was "buy gold". If she had sat on a little bit of gold she could have traded it for 20 houses early in the crisis and she would have been set

>> No.51609063

>>51609060
It's okay, I accept your concession.

>> No.51609067

>>51609063
Try to buy natural gas right now i dare you

>> No.51609071

>>51609067
>irrelevant post that has nothing to do with anything
Literally out of anything worth saying huh?

>> No.51609085

>>51609043
A deeply comical bunch
Looks like they’re in the UK somewhere

>> No.51609086

>>51609071
You are fucking retarded if you still believe globalisation is not reversing
Maybe youll try to convince me there isnt another cold war brewing

>> No.51609089

>>51609034
>anyone who held gold or silver going into the hyperinflationary event won big
But so did everyone who held stocks or had dollars. In the context of Venezuela, gold was as useful as any other financial instrument.

>> No.51609091

>>51604485
I distrust portrait orientation currency.

>> No.51609108

>>51609086
>You are fucking retarded if you still believe globalisation is not reversing
If it's reversing or not doesn't matter because it is globalized to the core NOW.
You are coping.

>> No.51609140

>>51609108
>coping
No i see whats happening. You are blind and stuck in a failed system. Same things that happened to other failed empires. Ok time will tell. History always rhymes

>> No.51609155

>>51609091
True words

>> No.51609157

>>51609140
>blind and stuck in a failed system
You are the one defending the idea of hoarding gold.
You don't even realize how hard you are projecting. Lmao.

I accept your concession.

>> No.51609175

>>51609157
Well gold didnt fail a single time in 4000 years of history
Empires always have

>> No.51609189

>>51609175
>Well gold didnt fail
Fail in what? You are not even making any sense at this point.

I accept your concession (again)

>> No.51609215

>>51609175
>Well gold didnt fail
Buy some land and farm animals too and have children so you’ve got a bit of workforce

>> No.51609216

>>51609189
Failed to secure purchasing power in times of change of course
Why do i have to spoonfeed you?

>> No.51609224

>>51609216
LOL you are so clueless
https://en.wikipedia.org/wiki/Price_revolution

>> No.51609273

>>51609224
Ok i see you are beyond saving. If you had actually read the article you would have found your mistake and why its a pro gold statement.

>> No.51609284
File: 94 KB, 500x402, 1630004311061.png [View same] [iqdb] [saucenao] [google]
51609284

>>51609273
>no retort
You don't even know the history of gold and you are here talking about "empires falling" and whatnot. Lmao.

>> No.51609298

>>51609284
of course you are superior buddy have fun

>> No.51609316
File: 737 KB, 300x300, 1634669789878.gif [View same] [iqdb] [saucenao] [google]
51609316

>>51609298
>no retort again
lmao
>you are superior buddy
I know.

I accept your concession again btw

>> No.51609332
File: 47 KB, 572x548, 3be0819b63f618628e3d9df0a0e1c9b5b2bb8fee780e3584dda788a742bdf671.jpg [View same] [iqdb] [saucenao] [google]
51609332

>>51608987
>megamind looking nigger contemplating how he ended up there

>> No.51609706

>>51606378
>unveils stash of gold
>gets murdered and looted

>> No.51610216

>>51606378
Give me one example of a currency collapse where gold didn't maintain purchasing power.

>> No.51610292

>>51610216
Erm, the one were about to face sweaty
No I don’t have any reason to believe it’s different this time. It just is because you can’t eat boomer rocks but raiders will still totally want to steal it from you for some reason

>> No.51610296

>>51603934
That’s at least 4 million dollars. Very rough estimation.

>> No.51610576

>>51610216
already did
>>51609224

NEXT.

>> No.51610602

>>51603934
You fucked up my friends and family with your stupid fucking meme rocks, at least crypto has a good chance of rising in the next decade. Fuck you get the fuck off my board.

>> No.51611393

>britannias
>millionaire but bought fucking BRITANNIAS
>could have got double eagles or Buffalos
>even a maple would have been better
sad.

>> No.51611465

>>51603934
Probably $150k-$200k

>> No.51611500 [DELETED] 

>>51611465
lmao
the gold bars alone are more than that

>> No.51611797

>>51603934
good luck trying to cash that out.

gold is a boomer scam

>> No.51611941

>>51611393
The main selling point of britannias are the hard to forge structures. (same with maples)
https://www.youtube.com/watch?v=ibGiUJecS40
For playing with the coin eagles sound nicer (better ping of non-pure gold)
But it's not a bad choice.

>> No.51613901

>>51604485
jackson stays on the 20 shill

>> No.51613944

>>51609706
yes but whoever loots him will leave the gold behind

>> No.51613995
File: 31 KB, 521x366, 1651598512415.jpg [View same] [iqdb] [saucenao] [google]
51613995

>>51604485
>The Moon Landing

>> No.51614003
File: 145 KB, 1456x1055, bd312785-e4c6-4ae2-9dd4-b7da86cf35f4_1600x1159.jpg [View same] [iqdb] [saucenao] [google]
51614003

>>51603934
That looks like Hong Kong.
Can that /polcel/ explain my picture, if he can't he will go broke.

>> No.51614042

>>51609020
It’s photoshopped

>> No.51614864

>>51606405
>working that way for 4000 years now
>what makes you think it would be different now?

people 4000 years ago didnt have industrial diggers and xray scanning technologies

>> No.51614904

>>51606378
>do you have food or water?
>only water, the food spoiled. Do you have tobacco or booze??
>the tobacco molded and the booze was fucking heavy so I only have 500mL.
>rip

>> No.51614937

>>51608565
if youre leaving a country with gold/silver, just use their own currency. a pound of gold would be questionable, but leaving with a pound of gold maple leafs is like less than a thousand bucks

>> No.51614950

>>51606378
Gold and silver don't rot.
Plus they're rarer and shiny, so much more easily transported than a week's worth of food for a family.

>> No.51615002

>>51614003

By your own graph you can see that smth with real rates = gold down thesis isn't working. Why hasn't gold already gone down more when it usually leads?

B/c market knows US cannot afford to pay those real rates for very long and this is basically a bluff. Same reason they're pricing in rate cuts soon. Gold also trades on strong correlation to oil and money supply, not just real rates.

>> No.51615017
File: 829 KB, 850x680, 1663779547066758.png [View same] [iqdb] [saucenao] [google]
51615017

>>51603934
>>51603951
Might be more than that actually.

>> No.51615029

>>51606251
It’s not. It is world war 3 by 2024 though.

>> No.51615041

>>51614864
during gold rush you could just go to a river and pan 1 kg of gold in an evening. but all the easy gold is gone now, and they have to process 1000 metric tons of dirt to get 0.75 ounces of gold. gold is becoming more and more difficult to find, it's not

>> No.51615203

>>51603934
I can't wait for asteroid mining to annihilate all you metals-cucks. nice hedge against inflation by the way

>> No.51616335

>>51603934
These look like iPods

>> No.51616458

>>51603934
Bout 100k

>> No.51616495

>>51615203
Cope

>> No.51616521

>>51606378
>>51609706
>hey can I trade u tobacco for that spanner
>no retard I don't smoke do you have any money aka gold or silver specie
>w-what about alcohol
>I have a still, faggot, I'm wasted right now, money please
>WELL I'LL JUST RAID AND SHOOT YOU!!!!
lmao @ 4chan virgins pretending they're going to be operator battle royale winners after the big igloo

>> No.51616688

>>51616521
“Raiders” will be first to die as soon as they fuck with the wrong person and find out he isn’t alone.

>> No.51618629

>>51608373
How much do you think a flake of gold weighs? Protip: not much

>> No.51618663

>>51609706
>>unveils stash of gold
Why would he do that in a shtf scenario? Would you show your food stash to group of starving people?

>> No.51618664
File: 2.18 MB, 4032x3024, IMG-1342.jpg [View same] [iqdb] [saucenao] [google]
51618664

the pic is very faggoty

>> No.51618880
File: 247 KB, 750x543, coin.jpg [View same] [iqdb] [saucenao] [google]
51618880

>How much is it roughly?

>> No.51619038

>>51603934

Itt: baggie cope
I don't even have to click your posts. You just know you made a retarded choice investing in shiny rocket and now want to justify it

>> No.51619080

>>51603934
there is close to 3 million USD in the pic

>> No.51619152

>>51606481
If you think we won't return to having slaves the second SHTF, you are too low IQ to speak to me

>> No.51619181

>>51618664

almost as faggy as your basic bitch entry level horology. I hope you didn't pay over list for that dreary yawn-fest of a spread.

>> No.51619250

>>51603934
libertarians want the world to collapse so they can achieve their mad max ancap dream
will it collapse in nuclear fire? maybe but 99% chance the person who posted that dies in the initial blasts like most humans will

>> No.51619261

>>51606405
the world has never fucking collapsed before oyu worthless schizo

>> No.51619414
File: 349 KB, 616x364, 3fxSLZC.png [View same] [iqdb] [saucenao] [google]
51619414

>>51618629
>they are not trading their gold at a loss trust me me bro

>> No.51619587

World isn't going to collapse

>> No.51619871

>>51619414
>oh no you just lost 3$ extra gold for your trade
Not a big deal

>> No.51619918
File: 162 KB, 1500x1500, 71ebPDhy3oL._SL1500_.jpg [View same] [iqdb] [saucenao] [google]
51619918

>>51619871
>all that gold
>for some deodorant shampoo and vitamins
>"just $3 bro trust me"
Love it when my posts force people into cope mode.

You thought that "gold flakes" was pic related, did you? lmao

>> No.51620422

>>51619918
>what is a scale
Cheap digital scales measure to 0.1g accuracy easily
>You thought that "gold flakes" was pic related
Who cares what shape they are? Its the weight that matters

>> No.51620443

>>51603934
>world is about to collapse
>buy worthless junk
How can anyone be so retarded

>> No.51620528

>>51608215
>>51608513
Holy fuck you are stupid.
You aren't supposed to sink 100% of your cash into gold.
You're supposed to stock up on consumables like food and water and then the rest of it goes into gold as a store of value. That way you can ride out the collapse while retaining a valuable asset to sell once the rebuilding starts.

>> No.51620551
File: 25 KB, 413x412, 1517544222071.jpg [View same] [iqdb] [saucenao] [google]
51620551

>>51606378
>>51606481
>>51607216
>>51607267
>>51608215
>>51608373
>>51608513
>>51608662
>>51608920
>>51608994
>>51609046
>>51609063
>>51609071
>>51609089
>>51609108
>>51609157
>>51609189
>>51609224
>>51609284
>>51609316
>>51610576
>>51619414
>>51619918
>1000 posts by this id
Yikes. Uhmm sweaty, you should let the adults do the talking. Your 100$ dollar shitcoin portfolio isnt enough to post here

>> No.51620853

>>51618663
People who don’t appear starving or seem well-fed will earn the observant eyes of the starving masses and will be the first to be looted, murdered and have their families enslaved/raped/murdered in any order. You know what’s more important in a SHTF scenario? Community and numbers. Too bad you autists suck at organizing. Life aint the movies. You’re not gonna go rambo and survive this all alone. You’re gonna need all the help and numbers you’re gonna get.

>> No.51620969

>>51620853
If you have lots of money you’re probably not gonna live among subhumans (formerly slaves, serfs, laborers)

>> No.51621416

>>51620422
Look at the picture again.
That amount of gold is nowhere near a fair price for some deodorant, shampoo and vitamins.
You are coping hard. Nice memetals you got there bro.

>> No.51621433
File: 11 KB, 754x544, YMEKwiE.png [View same] [iqdb] [saucenao] [google]
51621433

>>51620528
>gold
>store of value
lol
lmao even

It can't store value in a fully functioning economy and you expect it's going to hold value if the economy goes to shit.
Pic related. Nice """"""""""store of value""""""""""" bro.

>> No.51622062

>>51621416
>Look at the picture again.
That amount of gold is nowhere near a fair price
Nobody has said it is. You posting some random google pic isnt a proof of anything lmao. Learn to troll better retard

>> No.51622987
File: 1.68 MB, 396x304, 1652897266611.gif [View same] [iqdb] [saucenao] [google]
51622987

>>51622062
It's a picture of a guy buying deodorant, shampoo and vitamins. You can even see he has the gold inside a 500 bolivar bill.
Seethe and cope, goldbugoid.

>> No.51623306

>>51603934
Zero
The intrinsic value of shiny rocks is zero

>> No.51623390

>>51603992
t. 300 on bank account and -30k student debt