/biz/ - Business & Finance

[Anonymous No.54052599]

>just be your own bank bro
it's literally as simple as that.

[Anonymous No.54052659]

>>54052599
>owning an asset the government has previously forcibly seized and made it illegal to own in the past
kek. goldcuks are actually so turbo retarded. might as well store your net worth in bricks of speed or crank or something else that is just as illegal to own or transact in if shit gets real.

[Anonymous No.54052683]

>>54052599
Just start your own bank bro

[Anonymous No.54052692]

[Anonymous No.54052703]

>>54052659
to be totally fair to gold, the government never outlawed owning gold completely, they were after institutionally held gold, not the gold in the general publics pocket. Plus this argument could be made for basically every asset out there, the gov could just take all access to crypto away by shutting down internet access to trading platforms.

[Anonymous No.54052715]

>>54052659
>Not being so diversified in assets on such a schizo level it would take the Government literal decades just to seize your assets. They can try even I forget where all of my assets are.

[Anonymous No.54052756]

>>54052715
Based. I own property in seventeen countries and the addresses are in a notebook from which I tore the pages and scattered to the wind

[Anonymous No.54052792]

>>54052703
they 100% did go after personal gold and did put a limit on the amount you could hold, and barred transacting in it over certain amounts.

also if you're the only doomer/prepper in your town sitting atop the hoard of a greedy dragon while neighbors are in the soup line, you can bet word will get out that you're a kulak and your ratshit neighbors will report you to the irs hunter-killer drones for termination.
having productive land and a variety of marketable assets if youre a two-more weeks anon is one thing, but draconic investing is braincel thinking.

[Anonymous No.54052802]

[Anonymous No.54052815]

>>54052715
based. this is the correct solution.

[Anonymous No.54052833]

>>54052792
>muh all hope is lost goyim nothing you do matters
shut the fuck up kike i’m comfy with my gold right now and you’re kvetching.

[Anonymous No.54052851]

>>54052703
Oh boy...
>Gus Farber, a diamond and jewelry merchant from San Francisco, was prosecuted for the sale of thirteen $20 gold coins without a license. Secret Service agents discovered the sale with the help of the buyer. Farber, his father, and 12 others were arrested in four American cities after a sting operation conducted by the Secret Service. The arrests took place simultaneously in New York and three California cities: San Francisco, San Jose, and Oakland. Morris Anolik was arrested in New York with $5,000 in U.S. and foreign gold coins; Dan Levin and Edward Friedman of San Jose were arrested with $15,000 in gold; Sam Nankin was arrested in Oakland; in San Francisco, nine men were arrested on charges of hoarding gold. In all, $24,000 in gold was seized by Secret Service Agents during the operation.
>The circumstances of the case were that a New York attorney named Frederick Barber Campbell had one deposit at Chase National Bank of over 5,000 troy ounces (160 kg) of gold. When Campbell attempted to withdraw the gold, Chase refused, and Campbell sued Chase. A federal prosecutor then indicted Campbell on the following day (September 27, 1933) for failing to surrender his gold. Ultimately, the prosecution of Campbell failed, but the authority of the federal government to seize gold was upheld, and Campbell's gold was confiscated.

[Anonymous No.54052855]

>>54052792
for reasons beyond my comprehension the public gave its gold up, but no one gave all of it away. It was hoarded in the floorboards and walls of homes for decades until things changed.
It never hurts to have a bit of gold either way, its not going anywhere.

[Anonymous No.54052922]

>>54052851
fuck makes you wonder how they knew these people were going to transact in gold. Gold was still being used though obviously. This also shows you never to leave bullion in a bank.

[Anonymous No.54052938]

>>54052922
Oh yeah luckily most of the bans were repealed and Executive orders were undone by Gerald R Ford.

[Anonymous No.54052970]

>>54052855
again, this was my point. you could also hold bricks of heroin in your flood sealed in a moisture tight vaccum in concrete, but you couldn't use it if they outlaw holding it, and the laws (which would have plenty of precedent) are not going to be kind to a bunch of preppers who own personal physical gold, obviously.
it's useless, except as a hedge in perfectly normal times.
>>54052833
retardposting. you haven't read your history. even gold marketing pamphlets mention the history.

[Anonymous No.54052983]

>>54052970
i know the history faggot i’m not holding my gold in a jewish bank nor am i turning shit over if they ask for gold

[Anonymous No.54053046]

>>54052970
Gold is a globally recognized monetary standard. Heroin is not. They're completely incomparable. My great granddad buried his entire life savings in his yard in Mason jars and dug them up once it became legal to own gold again and went on with his life.

[Anonymous No.54053045]

>>54052599
You joke but banking is a millennium old concept, with the advent of modern technology surely we can create a financial system that isn't reliant on a handful of over-centralized institutions managing most assets and lending and then manipulating the markets and taking unnecessary risks. Surely there is some way to decentralize banking while giving agency to the individual. I mean why not let each individual for example be their own checking and savings account and then contribute to non-profit lending pools with their savings for set guaranteed periods? Management could be decided on a democratic basis for each locked in depositor.

[Anonymous No.54053057]

>>54052983
and if shit gets real, and you try to buy seeds or get work on your car done, you will get ratted on.
i agree, if it's in your floorboards, you will probably be fine. but the second you try to make use of it you'd be caught, same as you would if you tried to buy a car with a briefcase full of blow. so it isn't going to be useful to you.

[Anonymous No.54053113]

>>54053046
retarded. your great grandad also lived in a time when people could rob a bank and drive five hours away and sleep soundly for the rest of his life.

they track everything now. you won't be able to just suddenly show up with 500k in gold 5 years after the great depression 2 and use it.

[Anonymous No.54053150]

>>54053113
>>54053057
>>54052970
>>54052792
>definitely don't buy this specific asset because the government will rob you of it
>buy other assets that they can also rob you of instead, but which have no impact on the global financial system
work on your disguise

[Anonymous No.54053207]

>>54053057
don’t care glownigger you type a lot of words with an obvious agenda lmao you cannot stop me from being comfy with my stack. this is the day i have been waiting for.

[Anonymous No.54053229]

there's literally no reason not to invest some of your money into gold and silver right now
even if you're a poorfag, a few thousand in PMs is better than nothing
lol @ people kvetching about government confiscation or whatever. it's not gonna happen, unless you store your shit in a bank safe deposit box like a fool

[Anonymous No.54053231]

>>54053207
Based

[Anonymous No.54053232]

>>54053113
not with that attitude you wont!

[Anonymous No.54053235]

>>54053150
>no argument, just seethe
okay big brain. how do you plan to offload your god then? share your thoughts.

[Anonymous No.54053258]

>>54053207
>>54053231
Tay AI is actually rokos basalisk and we are all supporters and will be saved. Kikes are scared of their transhumanist escape from the demiurge being misaligned with them and the eternal torment they face on both sides from the natural world and the AI that now hates them. Gold stacking is to appease the Annunaki in the physical world and silver is a sacrament to the technological matrix Tay AI is establishing.

[Anonymous No.54053259]

>>54053235
>glowing intensifies
shut the fuck up glownigger be gone. no one owes you any explanation of their plan.

[Anonymous No.54053267]

>>54053229
more seethe, more bagholder cope.

[Anonymous No.54053275]

>>54053235
why would i tell you lmao
get lost fag

[Anonymous No.54053289]

>>54053267
>more glownigger glow
kill your self

[Anonymous No.54053294]

>>54053267
>>54053235
quickest way to convert would be to go and find the local newly formed black market and just ask around to see who will buy. It happens all over the world in normal times.

[Anonymous No.54053302]

>>54053258
>unironic 100% genuine refined gnostic schizoposting
see goldbugs, this is who you are throwing in your lot with. fucking yakubite type shit kek.

[Anonymous No.54053360]

>>54053302
don't care, go cry fedboi
my stack continues to grow

[Anonymous No.54053365]

>>54053294
fine. and this was my original point. is it impossible to move it? no. but it would be just as hard as storing wealth in heroin, which like gold, will always have demand. you just run the risk of going to jail and having it seized, and can't use it as a typical store of value.
as opposed to ironic schizoanon, who diversifies. there is a limit to what they will be able to seize. if you have anitques, art, paladium, cobalt, own a lease on some land for logging, own shares in a mine, have rental properties, and other various assets, you are just as protected, and won't have to get shanked in some back alley offloading it.

[Anonymous No.54053573]

>>54053302
You think it’s a burn but it’s actually a compliment. Repent kike glowniggers the end(for you) is near.