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/biz/ - Business & Finance

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57621587 No.57621587 [Reply] [Original]

S&P bros... Is it over?

>> No.57621644

>>57621587
Gold hasn't beat the s&p. Maybe he missed all the dividends the s&p has paid too. Now Bitcoin, yes. It has mogged the s&p but he said gold because he's a retarded boomer

>> No.57622016

this guy has been predicting the "big crash" every year for literal decades, this is what happens when you a write a book and have no other tricks but you have to get your name out there

>> No.57622057

>>57621587
imagine thinking that Bitcoin is a "hard asset" if the electric grid takes a hit. Fucking kek. The only thing that will matter in a financial meltdown is owning farmland, tractor, firearms, gold, ammunition, and means to making your own food. Also access to pharmaceuticals if you are an old boomer or a fatass negroamerimutt. The last think I want to be holding is fucking bitcoin if something bad happens. KEK

>> No.57622091

>>57622057
>farmland, tractor, firearms, gold, ammunition, and means to making your own food
In a financial meltdown those assets are going to crash in value too

>> No.57622178
File: 944 KB, 2048x967, 1686478914558746.png [View same] [iqdb] [saucenao] [google]
57622178

>>57622091
but with land you can feed your loved ones, maybe gold to trade if the goverment collapses and people stop trusting FIAT currency like they used to for whatever reason
>>57622016
>pic related

>> No.57622201

>>57621587
https://www.solanablackrock.com/

>> No.57622210

>>57622091
you stupid fuck the last thing you are worried about is the value in a financial meltdown, you worry about having the basic necessities to self sustain. Farmland, firearms, and farming implements would be absolutely necessary. Most people needing healthcare or living in big cities would be fleeing or dying from getting raped by niggers.

>> No.57622212

>>57622178
>but with land you can feed your loved ones
You can't feed your loved ones with land... You need food for that

>> No.57622230

>>57622178
You want gold as a store of value. IF and when the dollar collapses, the next currency (brics) will be backed by gold. Gold is a long play. Its generational storage of wealth

>> No.57622235

>>57621587
>Gold has beaten the S&P for decades
Nigga what the fuck are you talking about

>> No.57622250
File: 192 KB, 1633x1125, Inflation_adjusted_price_of_gold.png [View same] [iqdb] [saucenao] [google]
57622250

>>57622230
>You want gold as a store of value
Posting this shit for the 3rd time today. Gold is a fucking terrible store of value. Literally only useful as insurance if the USA Empire crumbles

>> No.57622256

>>57622091
Bullshit
Go fuck yourself, crypto nigger

>> No.57622268

>>57621587
This guy has never been right just like that Bo Baloney guy that has been saying for a decade silver will be going to $500

>> No.57622272
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57622272

>>57621587
Gold silver and bitcoin, also gamefi has been pushing quite much its narrative, blocklords on epic store has been a quite referent of this maybe soon my toddler will finally cashout it's farm lol

>> No.57622287

>>57622256
>"Financial meltdown"
> "NOOO BUT MY IMAGINARY FINANCIAL MELTDOWN ONLY AFFECTS THE THINGS I WANT IT TO AFFECT"

>> No.57622319

>>57622250
you chuds just don't get it. Gold is the ONLY TRUE physical store of value that exists. Its the oldest global currency with inherent intrinsic value since the beginnings of mankind. Its the only true currency that you can store and hold on your person and not in a ((((((((((Bank)))))))))) or on the (((((((((internet)))))))))). It is the most universally recognized form of wealth and always will be.

>> No.57622345
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57622345

>>57621587
S&P can suck my cock, this is the new era with BTC at the front, alts like SOL, DOGE, $SUPER are being trade for actual things and not just rampant speculation

>> No.57622358
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57622358

lol

>> No.57622365

>>57622272
gamefi/nfts will *never* reach the level of hype they got in 2019. like unironically, never. it's fine to invest a tiny bit into these things specially if the game itself is not hard at all or it's a glorified stake platform (even better) but otherwise it's not the kind of narrative you should be striving for.

>> No.57622373

>>57622230
>Generational storage of wealth
Ok but will I see any of that "wealth" in my lifetime or what because come on

>> No.57622384

>>57622057
Why are you describing a literal apocalypse scenario you immature child. Get your shit together and plan for things that *may* actually happen. Retard

>> No.57622386
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57622386

>>57622358

>> No.57622395
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57622395

>>57622272
Unrelated but this shit looks like valheim and that's based on my book. Only game I've enjoyed in years.

>> No.57622404

>>57621644
S&P doesn't pay dividends they're reinvested into the fund.

>> No.57622409

>>57622091
lol I wanna see how gun “value” going to crash, when it’s job is solely removing “competition”

>> No.57622414

>>57622250
if tech giants keep cranking price on vidya, hardware (computers phones etc) and more then gold is p much useless in my eyes outside of other boring industries i dont care for

>> No.57622459

>>57622365
disagree, if btc pumps "Everything" will pump, thats what bullmarket is for

>> No.57622467

>>57622395
Survivalbro

>> No.57623163
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57623163

>>57622319

>> No.57623210
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57623210

>> No.57623218
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57623218

>>57622319

>> No.57623228

>>57621587
Robert Kiyosaki is a notorious scammer and liar. The "rich dad" in his book Rich Dad, Poor Dad wasn't even real despite Kiyosaki's claims to the contrary.

>> No.57623229

>>57622404
If you buy spy (world's biggest ETF that tracks the s&p) they do in fact pay dividends. You can collect cash or reinvest. Retard

>> No.57623369
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57623369

>>57622091
>"Uhm excuse me, but the value (measured in federal reserve notes) of your ability to defend yourself and produce food will be WORTHLESS in a financial meltdown situation :^)"
This is your brain on financial speculation.

>> No.57623443

>>57622358
Holy fuck. It's crazy, if you have $50k in bad debt it's over for you, but if you have hundreds of millions in debt it's just not your problem anymore and you probably live like a king.

>> No.57623696
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57623696

>>57623369
He doesn’t realize that you are talking about living lmfao.

>> No.57624609

>>57622404
Are europoor by any chance?

>> No.57624868
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57624868

>>57622287
I legit can't tell if the point you're trying to make is satire or if you're actually stupid
So good job, (You) earned it

>> No.57624888

>>57621587
Id like to see a community notes disclaimer. This jackass isnt licensed to trade securities or give financial advice