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/biz/ - Business & Finance

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54470066 No.54470066 [Reply] [Original]

I've wasted so much fucking money on this scam bullshit that it's not even funny anymore......
This shit will NEVER be valuable and it will do NOTHING besides go down in valve.
LMFAO HEDGE AGAINST INFLATION MY ASS!!!!!
At this point I just want my fucking money back.....
Im going to cry myself to sleep tonight now, thank you for reading by blog post I guess.

>> No.54470091
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54470091

>>54470066
Clean it up jannies

>> No.54470115

>>54470066
denounce the talmud and then we can have a conversation about silver

>> No.54470117

>>54470066

Good.

>> No.54470151

>>54470066
Nothing wrong with a balanced portfolio having silver and gold. Put money in many different potentials. The hard part is holding long enough to make it to its ATH.

>> No.54470180

>>54470151

No it's not.

>> No.54470232

Silver and gold is just a hedge

you don't put more than 2% of your portfolio in precious metals

>> No.54470244

>>54470232

Uhh... No.

>> No.54470387

>>54470066
10 years too late. I bought my stack mostly at $15 and sold the tippity top at $27.

>> No.54470465

I wouldn't keep more than 10% of your portfolio in PMs.

>> No.54470515
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54470515

>>54470066
>ve wasted so much fucking money on this scam bullshit that it's not even funny anymore......
>This shit will NEVER be valuable and it will do NOTHING besides go down in valve.
>LMFAO HEDGE AGAINST INFLATION MY ASS!!!!!
>At this point I just want my fucking money back.....
>Im going to cry myself to sleep tonight now, thank you for reading by blog post I guess.

>> No.54470531

>>54470066
I'll give you $5 for your worthless rocks.

>> No.54470551

>>54470066
lol you shouldve bought shiba like 2.5 years ago, you'd have a yacht now instead go back toyour work and cry at night with your silverrrrr

>> No.54472715
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54472715

>>54470066
at least you didnt buy gold...

>> No.54472976

Literally pumping rn. It’ll explode within 6 months and never go down.

>> No.54473432
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54473432

>>54470066
no refunds goy.

>> No.54474695

what do you mean you want your money back, we're near a 10 year high. what was your entry price?

>> No.54474740

>>54470531
Kek

>> No.54474762

metal prices are suppressed through paper contracts which is what FTX failed to do to crypto

>> No.54475115

>>54470066
Gold is up 307% from 1983-2022 giving you a rate of return of 0.84%
If you look at gold since 1980 you would have a negative rate of return.

In that same time period
Large US is up 7000%
Small US is up 5000%
Large Value is up 9000%
Small Value is up 17,000%

Gold and silver bugs are highly misinformed at best and at worst they are kikes peddling their shekels to stupid goyim.

Should have bought stonks kid. Maybe next time you can.

>> No.54475170

If buying silver has all this power, then why don't the ultra wealthy buy all the silver for themselves? Someone like soros could buy more silver than everyone on this board owns and he wouldn't lose a fraction of his wealth

>> No.54475280

>>54475170
Billionaire Eric Sprott said he didn't do this because he likes getting in his car, turning the key, and not worrying about it blowing up.

>> No.54475327

>>54475170
>>54475280

That's why Elon is about to. If he didn't already start yesterday. Look who he follows on twitter.

>> No.54475399

>>54475115
socialism coming, you guys will understand soon

>> No.54475461

>>54472976
Is this the precious metals equivalent of "2 more weeks"?

There was hype about silver a good while back which actually caused FOMO, so I bought a 500g Silver bar, my first piece of silver. It has been sitting on my computer desk, collecting dust, ever since.

At least I can say I've expanded my asset portfolio.

>> No.54475537

>>54470232
put 10% of your take home pay into metals and never touch it

>> No.54475550

>>54475327
Makes sense. Elon' s cars don't even have keys and they may spontaneously combust even without being sabotaged.
J/k
Unironically, not to cause FOMO, but probably any number of manufacturers could at any moment legtimately and benignly make a big dent in the supply of available silver as a raw material for their manufacturing process due to concerns about its rising price or even availability in the future.

>> No.54475560

>>54475461
so it hasnt been liquidated and its still there for you to use? sounds like a solid buy

>> No.54475862

>>54470232
Precious metals are a hedge against inflation. In the late 1800s one once of gold bought 2 nice suits. Now it buys two nice suits. Hate PMs all you want, but the next inflation uptick will murder fiat

>> No.54475913

>>54470465
Those are rookie numbers. 25% seems more reasonable

>> No.54475946

>>54470066
anyone buying silver instead of gold is a poorfag by definition. dont bother arguing otherwise.

>> No.54475962

>>54475862
99% of the time PMG is advertised as an investment vehicle to getting rich.

Preserving wealth and purchasing power =/= investing and growing wealth.

>> No.54475989

>>54472715
Looks like you didn't either. Never buy gold from anyone outside a reputable local dealer or Bullion Company. If you see what looks like a bargain, walk away. Only the greedy get swindled

>> No.54476017

>>54475862
>Precious metals are a hedge against inflation
They can't even do that. USD has been inflating for years, and silver is still down from when it was $27. Silver is inflating worse than fiat