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/biz/ - Business & Finance

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57456420 No.57456420 [Reply] [Original]

ignore frogposters, tell me what is happening with barclays? and why shouldn't i put all my money in gold?

>> No.57456436

>>57456420
gold and silver aren't scams but i'm not paying some niggerfaggot BOOMERNIGGER precious metal dealer a 10% premium.

>> No.57456437

Because Bitcoin is better

>> No.57456449
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57456449

>>57456420

Dumbass.

>> No.57456499

>I would like to buy this apple with this bar of gold please
absolutley deranged

>> No.57456584

Bitcoin is digital gold, which can't be forged.
Gold is flawed in the modern age when most of it is paper gold backed by 1/10 physical and claimed by multiple people. Not to mention all the fake tungsten Bars sitting in vaults all over the world

>> No.57456590
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57456590

>>57456449
peak financial advice right here fellas. take notes. hacking through a door is a surefire way to impress women.
>>57456499
my hypothesis was correct.
>>57456437
>implying i haven't already got thousands in btc.
I'd like to diversify my portfolio (not my country)
>>57456436
you know, that's a good point ... who has the lowest premiums? and/or how do i mine gold?

>> No.57456636

>>57456420
if your objective is to make fiat then buying gold is a scam

>> No.57456725
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57456725

>>57456590
Need to be a wholecoiner at the very least, remember that this halving marks the inflection point where BTC inflation (~1.7% now) fails well below gold mining inflation (2%), at all future points BTC will only ever be a better and better fixed unit of account and therefore a better and better store of value.

>> No.57456747
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57456747

>>57456636
my objective is to have something safer than fiat, gold burried in a secret location seems safer than money in the bank sometimes.

>> No.57456770

>>57456747
>a hedge fund
All hedge funds do is lose money and be bisexual.

>> No.57457271
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57457271

>>57456420
>why shouldn't i put all my money in gold
Because gold is going to zero when measured in bitcoin terms.
See pic related for the 1y chart of an ounce of gold measured in bitcoin.