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/biz/ - Business & Finance


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56301767 No.56301767 [Reply] [Original]

FUCK ALL OF YOU RETARDS THAT TOLD ME TO BUY GOLD AND SILVER MINING STOCKS!!!!!!!!!!!!!!!!!!!!! I AM DOWN 50-70% ON ALL OF THEM AND GOLD AND SILVER WENT DOWN DESPITE INFLATION BEING HIGHER THAN EVER!!!!! FUCK YOU ALL SO MUCH SUCK MY DICK FAGGOTS REEEEEEEEEEEEEEEEEEEEEEE

>> No.56301781

Buy signal
List your stocks OP

>> No.56301788

thanks for playing

>> No.56301793

>>56301767
>he fell for the boomer rock meme

you probably also installed gentoo because /g/ told you to, hm?

>> No.56301795

>>56301767
Make sure you sell at the bottom.

>> No.56301820

>>56301767
Lost of gold and silver FUD in the catalogue today. jew are putting in some serious effort for some reason. Makes me wanna buy more.

>> No.56301832

>>56301767
Who the fuck told you that?
Must have been some general echochamber.

>> No.56301840

>>56301781
Impact Silver, First Majestic, and Discovery Silver are largest bags
>>56301793
I was bullish inflation and EVERYONE fucking here said if inflation takes off, so will gold and silver so buy the miners.. and then inflation took off while gold and silver shat themselves

>> No.56301876

>>56301767
you spent your money based on anonymous marketing shills on a mongolian basket weaving board? what the hell did you think was going to happen? I just hope that the lesson was not too expensive

>> No.56301909

>>56301767
yea sell bro, then when powell caves and drops rates and inflation goes 10% you will post here screaming why you sold your gold lol

>> No.56302010

>>56301840
Just stick with GDX, GDXJ, SIL, and SILJ if you want to but metal miners. (Or Barrick if you must buy into a company directly.)

>> No.56302029

>>56301767
An inflation hedge persay a long against the usd

>> No.56302158

>>56301767
just hold lol, also, get copper stocks retard

>> No.56302180

>>56301909
>when inflation goes to 10%
nobody tell him

>> No.56302190

>>56302158
>help i'm stuck in a hole!
>/biz/: just keep digging and you'll be fine
lmao

>> No.56302198

Precious metals should be at MAXIMUM 10% of your portfolio.

>> No.56302232

>>56302198
if your serious about metals hold it physically, retard

>> No.56302238

>>56301840
Lol, I told you tards time and again both are manipulated to no end, silver is an industrial metal with high supply inflation, and if the price of either goes up, miners increase production in response, dumping the price. Look up Silver Thursday.

>> No.56302247
File: 37 KB, 657x527, 72d244a5c253953a.jpg [View same] [iqdb] [saucenao] [google]
56302247

THAT'S WHY WE (THE SMART ONES) TOLD YOU TO BUY CRYPTO!!!!!

YOU BOOMERS NEVER LEARN!

>> No.56302314

>>56302232
where in my post did I say to not hold physical metals you attention seeking faggot? Kys fucking loser

>> No.56302357
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56302357

>>56301767
How does it feel to be the lowest of niggers? I mean, you had the chance and the means to do better and chose to throw cash into pieces of shitty rocks instead of useful tech like pond... It's literally your fucking fault

>> No.56302371

>TOLD ME TO BUY GOLD AND SILVER MINING STOCKS
I've always said the opposite.
retarded = buying precious metals
clinically retarded = buying paper precious metals
so retarded you are a danger to yourself and society = buying precious metals MINING STOCKS

>> No.56302386

>>56302371
Don't worry, we took his money away. He can't hurt anyone any more.

>> No.56302392

>>56301767
Why didn't you buy physical gold and/or silver?
>>56302371
If you bought silver in '96 you would have doubled your money

>> No.56302394

>>56302357
>>56302371
Yes buy pretend internet money instead.

>> No.56302403

>>56301795
This

Hodl, this is the big bottom. Banks are failing. Gold will skyrocket now that the hedge funds got margin-called and sold off their shares.

>> No.56302411

>>56302392
>If you bought silver in '96 you would have doubled your money
>doubling your money over 28 years (about a 2% return, which is less than inflation) is a good investment
lmao

>> No.56302416

>>56302010
Skip GOLD and NEM, buy AEM.

>> No.56302417

>>56302392
>if you just hold precious metals for 30 years you can double your money
you know what, I stand corrected.

>> No.56302420
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56302420

>>56302403
Feels good man.
Shills feel free to cope and seethe.

>> No.56302422
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56302422

>>56302403
>Hodl, this is the big bottom. Banks are failing. Gold will skyrocket now that the hedge funds got margin-called and sold off their shares.

>> No.56302430
File: 221 KB, 723x1200, gold loses status.jpg [View same] [iqdb] [saucenao] [google]
56302430

>>56302420

>> No.56302442

>>56302417
>Long term saving some of your cash is .....LE BAD
Dopamine fried zoomie detected

>> No.56302469

>>56301767
kek now sell and buy bitcoin, it's digital gold

>> No.56302472
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56302472

>>56302469
>digital gold
I thought gold was worthless?

>> No.56302477
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56302477

>>56302420
>>56302422
Best technical analysis
https://www.youtube.com/live/SJ1lP-_dCXY?si=MzBBE2hhjMbWHJYs

>> No.56302488

>>56302411
>Double your money
>2% return

>> No.56302489

>>56301767
JP Morgan is evil.

They are manipulating the price with paper silver.
However nothing lasts forever.

>> No.56302496

>>56302477
Thought you were going send a "Bond King" link kek

>> No.56302502

>>56302357
that garbage isn't more real than silver and gold you idiot

>> No.56302520

>>56301767
Did you ever look at the historical gold and silver charts? They're terrible

A ridiculous investment.

>> No.56302528

>>56302520
Yeah the way they just sit their preserving wealth with no counter party risk.

>> No.56302531

>>56302416
Nope, I invest in Gold for the long term. Also BTC, SOL YGG, and RIDE. Diamond hands are what's needed now when it comes to investment.

>> No.56302548
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56302548

My only exposure to those markets is Lundin Gold and Lundin Mining. Both are doing well and have very nice divvies. Just pick good stocks with a nice cash flow and a good track record.

>> No.56302596
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56302596

>>56302357
Pic related is (You), isn't it?

>> No.56302669

>>56302488
>28 fucking years

>> No.56302672

>>56302357
Jesus christ worlds move so fast that I cannot even keep track of eating daily.

>> No.56302676

>>56302394
can you elaborate? that doesnt have any sense

>> No.56302754

>>56302676
The system will continue to support the price of your intangible assets until it doesn't.

>> No.56302783

>>56302442
>Long term saving some of your cash is .....LE BAD
ironic given silver is not fiat.

>> No.56302830

>>56301840
Well I think you found your answer buying that total garbage lol

>> No.56302854

>>56302520
Gold basically mirrors short term rates over the long term with a ludicrous built in call option you don’t pay for

>> No.56302956

>>56302669
>$50 grand you out away for retirement in 96 is now worth $100,000
The horror

>> No.56303040

>silver
Lol lmao

>> No.56303065

>>56302956
>meanwhile adjusted for CPI the $50,000 is now worth $45,000
>also $100,000 put it in an index fund in 1996 would be worth $400,000
smart

>> No.56303112

>>56301793
>boomer meme
>zoomed retard bought stocks

>> No.56303134

>>56302198
Precious metals are 70% of my.portfolio

>> No.56303297

>>56303112
how has the S&P 500 performed vs precious metals over the last 30 years?

>> No.56303526

>>56301793
don't group gentoo with shitty rocks

>> No.56303557

>>56303297
you don't need to go that far
just compare XAU with YOY inflation measured by the government
they're down

you can't STORE value

>> No.56303585

Serves you right chud, gold is everywhere on the earth.

>> No.56303631

>>56301767
>he bought miners
You'd have lost less money if you had put it all into Lego bricks made of solid silver paying 40$ a pop on ebay, and you would have had shiny legos to play with.

>> No.56303635

>>56302371
Gold is very much a good idea if you actually fear you're about to get all your money Weimar'd and you need to tie it into assets but are too poor for land etc.
It's not an investment, it's to not lose everything to inflation.

>> No.56303646

>>56301767
>he fell for the pump and dump stock meme
you lose every time. miners, biotech, DUDE WEED/SHROOMS LMAO, penny stocks -- you will lose EVERY time.

>> No.56303759
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56303759

>>56303635
>Gold is very much a good idea if you actually fear you're about to get all your money Weimar'd and you need to tie it into assets but are too poor for land etc.
>It's not an investment, it's to not lose everything to inflation.
Then how come you don't beat inflation with your dog shit shiny metal gramps? Just admit gold is your security blanket you cling to every time the market makes a minor correction you loser. Get fucked by the markets with your shit investment.

>> No.56303923

>>56303759
your own graph shows a fine correlation even if not perfect. in any case, when we're talking about getting Weimar'd, then you could not name any better asset to buy that isn't property. gold is fine because its available even when you're a poor fag
even barbarians dealt in these metals, just because your faggot jews are summoning magic to be the single case in your graph why the correlation suddenly inverted doesn't change anything. but I'm also not one to every panic sell or buy so

>> No.56304185
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56304185

>>56302198
>Precious metals should be at MAXIMUM 10% of your portfolio.

anon, take that rules of investing shid back to you know where

>> No.56304267

>>56303635
>if you actually fear you're about to get all your money Weimar'd
sir, I understand.
that's why it's filed under 'retarded'.

>> No.56304359

>>56304267
Since you've gone 4 posts without naming a better alternative to what to do with fiat, I'll consider you the most retarded poster ITT.
No I'm not going to buy any stock at the top right now, thanks though.

>> No.56304410
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56304410

>>56303923
>It's not an investment, I know it doesn't beat the market, I know I'm an idiot for holding this dogshit because I'm forced to compare myself to cavemen but at least I don't panic sell
Lmao, the only right time to sell gold is when you happen to somehow acquire it. Goldbugbaggies will provide easy exit liquidity.

>> No.56304419

>>56301767
I hope you sold. I just bought. Bottom is in.

>> No.56304456

>>56304410
gold isn't meant to be an investment, are you retarded?
I don't invest, I just don't want to lose savings to inflation and I haven't, I don't want risk because I have people depending on me and I'm in a fine position as is, I just want to maintain, gold is decent for that

>> No.56304538

>>56303759
Are you secretly trying to tell us precious metals are incredibly undervalued and a melt up is bond to happen very soon? Because that's what your chart looks like.

>> No.56304569

>>56304538
I think gold is only going to moon in a fashion that yields returns if some kind of important metal-based currency made a return which i think is unlikely, if USD goes to shit its probably gonna get switched for some kind of gubernment crypto variant. that'd be great for the authoritarianism and surveillance quota of the decade

>> No.56304597

>>56301767
Stop listening to Peter Schiff.

I am into Austrian school economics and I can still say gold and silver suck as investments.

At least the mining stocks pay dividends

>> No.56304604

>>56301840
Oil is a better inflation hedge because people actually need to use it, unlike gold

>> No.56304615

>>56301840
2 of those are OTC, and First Majestic just hit the 2020 bottom. you're probably fine if you can hold out for a little longer, at least with AG. not sure about the other two OTC ones. why did you load up such heavy bags in microcap miners? didn't you see what happened to bayhorse? i almost fomo'ed into that one.

>> No.56304626

>>56301909
>when powell caves and drops rates
Not gunna happen

Libertarians can be really dumb, and I say that as one myself.

Peter sSchiff has been wrong even in the 2008 gfc. Like gold and oil were the worst performing assets during that time

>> No.56304650

>>56302392
>If you bought silver in '96 you would have doubled your money
PM baggies are now officially worse than gme baggies

>> No.56304664

>>56301793
should have installed funtoo

>> No.56304946

>>56301767
You should consider buying major crypto like DOT, MATIC, ETH, and BTC and secure those assets in Tap Fintech for a better future. Investing in gold and silver is for older folks. Wake up, OP.

>> No.56304984

>>56304185
I'm all in Discreet