GOLD IS CRASHING!!!!!!!!!!!!!!!!!!!!!!!!!!!

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GOLD IS CRASHING!!!!!!!!!!!!!!!!!!!!!!!!!!! Anonymous Tue May 15 11:25:03 2018 No.9443309 [Reply] [Original]

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>>	Anonymous Tue May 15 11:26:00 2018 No.9443319 >>9443309 Buy the dip

>>	Anonymous Tue May 15 11:26:55 2018 No.9443329 It's overbought and needs to come down a bit for the next year or two. I'll load up when that happens, hopefully around 1k USD.

>>	Anonymous Tue May 15 11:27:10 2018 No.9443334 Professional Metals Trader here. Kill yourself

>>	Anonymous Tue May 15 11:27:15 2018 No.9443336 File: 65 KB, 215x300, 1525232199050.png [View same] [iqdb] [saucenao] [google] THIS CANT BE HAPPENING!! ONLY BITCOIN CAN DUMP!!!

>>	Anonymous Tue May 15 11:27:52 2018 No.9443344 File: 64 KB, 1280x822, 1524046304430.jpg [View same] [iqdb] [saucenao] [google] >>9443309 Lmaoooo ! Rubini blown the fuck out of the economy !!! Future is crypto !

>>	Anonymous Tue May 15 11:28:06 2018 No.9443345 >>9443309 this is good for crypto

>>	Anonymous Tue May 15 11:28:34 2018 No.9443355 People are switching over to the new gold, Bitcoin.

>>	Anonymous Tue May 15 11:30:31 2018 No.9443378 >>9443309 Good. Gold is fucking gay. Crypto is the new wealth. Fucking boomer plebs trading your gold. Gtfoh

>>	Anonymous Tue May 15 11:30:34 2018 No.9443380 hows shrimp doing?

>>	Anonymous Tue May 15 11:31:21 2018 No.9443390 >>9443309 >1.38mb >5000x7632 for no good reason >blurry as hell

>>	Anonymous Tue May 15 11:36:10 2018 No.9443454 File: 1.44 MB, 220x181, 1522557761810.gif [View same] [iqdb] [saucenao] [google] GOLD IS DOWN OVER 1% FOR ALL CURRENCIES! WE ARE NEARING THE ARMAGEDDON! BUY GUNS AND AMMO NOW!

>>	reluctant kneepad girl Tue May 15 11:38:24 2018 No.9443482 >>9443454 Actually when gold go down it means strong confidence in market

>>	Anonymous Tue May 15 11:39:02 2018 No.9443498 >>9443454 JEWS ARE CASHING OUT

>>	Anonymous Tue May 15 11:40:07 2018 No.9443522 >>9443390 Maybe stop connecting your thinkpad T60 to 4chan using free AOL dial-up internet discs

>>	Anonymous Tue May 15 11:41:10 2018 No.9443542 >>9443378 Gold is for when the US dollar dies and you need another store of value. Buy now while it’s on sale unless you truly believe the compounding interest of the US dollar makes it a better store of value than gold.

Anonymous Tue May 15 11:42:14 2018 No.9443562

>>9443355

You people are fucking dumber than niggers. The dollar value of gold irrelevant.

Think about it... did gold all of a sudden become valuable when America was born and the dollar was created? Of course not. So why would you be valuing gold in terms of dollars.

You don't buy gold to get back more increasingly worthless dollars. You buy gold because fist is a scam and you want money and wealth for when the dollar implodes.

Then a couple ounces of gold will buy you a nice home after the deflationary collapse following hyperinflation

>>	Anonymous Tue May 15 11:42:22 2018 No.9443565 >>9443355 Nice try >Meanwhile bitcoin is dropping too.

>>	Anonymous Tue May 15 11:43:16 2018 No.9443577 >>9443542 Bingo sort of like I said above

>>	Anonymous Tue May 15 11:44:18 2018 No.9443595 >>9443482 Or it means more Cheap money injected into the system to trick the market into everything being alright. Just like what has happened the last 9 years.

>>	Anonymous Tue May 15 11:45:33 2018 No.9443609 >>9443319 doesn't work in non crypto. dips are usually for big reasons and it wont recover from them any time soon

>>	Anonymous Tue May 15 11:45:36 2018 No.9443611 And here comes the gold autist who lives on /biz/

>>	Anonymous Tue May 15 11:47:22 2018 No.9443634 >>9443562 gold has no inherent value. uranium on the other hand has a lot of value because it can be used to power cities for aeons

>>	Anonymous Tue May 15 11:48:53 2018 No.9443659 >>9443562 I could say the exact same thing word for word about bitcoin gramps. Except bitcoin is a lot more liquid and easier to store/trade than gold.

>>	Anonymous Tue May 15 11:49:17 2018 No.9443664 >>9443309 Boomers BTFO

>>	Anonymous Tue May 15 11:49:42 2018 No.9443668 >>9443634 >Didn't read up on Thorium.

>>	Anonymous Tue May 15 11:50:19 2018 No.9443675 >>9443355 >the new gold, Bitcoin. Bcore or Bcash?

>>	reluctant kneepad girl Tue May 15 11:54:31 2018 No.9443751 File: 114 KB, 1303x698, IMG_20180515_103125.jpg [View same] [iqdb] [saucenao] [google] >>9443595 Me bet you believe 9/11 inside job too

Anonymous Tue May 15 11:55:05 2018 No.9443761

>>9443634
Gold inherent value is that it is real money.

And has all the properties that real money has to be.

Why the fuck you think it's been money for thousands of years?

China, India, Russia all accumulating gold in record tonnage for a decade now. You think they are doing that for fun???

Why do you think we are on the brink of WW3? Cuz the chinks and Russians don't want to use the dollar for trade anymore... why? Because it isn't backed by gold and the dollar is Vaporware like tron

>>	Anonymous Tue May 15 11:59:00 2018 No.9443818 >>9443761 >Gold inherent value is that it is real money. lel how so?

Anonymous Tue May 15 11:59:20 2018 No.9443822

>>9443659
Your infected by Jew propaganda just like most Americans.

How the fuck is bitcoin a store of value? The price of bitcoin was 20k 5 months ago. Now it's 7k. That's literally the polar opposite of a store of value.

Moreover, the primary function of money is to measure value. Bitcoin doesn't measure value. And nothing has measured value better than gold for thousands of years.

You can go into the fuckig bible and it tells you that 1 ounce of gold bought you 350 loaves of bread 2500 fucking years ago...

And guess what? If you take a gold ounce to a coin shop today you'll get 1350$ for it and you can still
Buy just about 350 loaves of bread for it today.

2500 years and your value was stored.

You dumbasses literally market bitcoin as the new gold while being anti real actual gold. It literally defies logic. Niggers in public schools are geniuses compared to you when you use that kind of thought process

Anonymous Tue May 15 12:01:59 2018 No.9443860

>>9443818
Because it's physical tangible wealth that represents a unit of labor you braindead pajeet.

Bitcoin is just a bunch of electrons running around on a circuit board inside a computer. It doesn't represent shit.

You fuckers come in here saying fuck the Jews, yet you are anti gold. How the fuck you think the Jews destroy the dollar and confiscate all your wealth through inflation? Because gold doesn't back the currency anymore. That's why.

And I'm not saying you can't have crypto but you need gold to back it .

>>	Anonymous Tue May 15 12:03:08 2018 No.9443872 >>9443860 >Because it's physical tangible wealth that represents a unit of labor you braindead pajeet. Then how come we have fiat currency now, and not gold-backed currency?

>>	Anonymous Tue May 15 12:04:12 2018 No.9443893 Gold is garbage. Only retards and boomers still believe in it

>>	Anonymous Tue May 15 12:04:46 2018 No.9443900 File: 113 KB, 280x210, 1474066627705.gif [View same] [iqdb] [saucenao] [google] >>9443872 It's how (((They))) keep you a slave.

Anonymous Tue May 15 12:04:56 2018 No.9443905

>>9443818
In fact... the main reason youbare in crypto is because the dollar is dying... because it isn't backed by gold (whether you realize it or not)

100 years ago 20$ = 1 oz of gold. And that 20$ was a good weekly salary. Today that 20$ barely buys you lunch at a bar. But that gold ounce (if you convert to fiat) gives you $1,350... which is still a good weekly salary.

So gold held up as real money while the dollar was decimated.

Ever hear the saying the dollar is as good as gold? Well that certainly isn't the case anymore.

There was no faggot kids bitching about "income inequality" in 1950 because gold backed the dollar.

>>	reluctant kneepad girl Tue May 15 12:04:56 2018 No.9443906 >>9443872 Because the creature of jackal island - t boomer

Anonymous Tue May 15 12:06:34 2018 No.9443931

>>9443872
Because the Jews at the fed took us off of it so they can confiscate all our wealth through inflation. Except now the rest of the world is mad too. What do you think WW3 is about?

Russia and china want out of using the dollar in intl trade. Their debt is being devalued. And the Jews and military industrial complex cause war all over because they want to cling to the power that the dollar as the reserve currency provides them.

>>	Anonymous Tue May 15 12:08:05 2018 No.9443957 >>9443751 >implying it wasn’t

Anonymous Tue May 15 12:08:25 2018 No.9443964

>>9443893
Literally half the reason you are in crypto is because you can't "make it" at a regular job anymore because your purchasing power is being destroyed through inflation by the Jews......

BECAUSE the dollar isn't backed by gold.

You guys laugh at boomers for their 10% returns yearly. Well 50 years ago 10% returns were like 100% returns in crypto because under a gold standard prices were cheap. And stayed cheap.

>>	Anonymous Tue May 15 12:10:24 2018 No.9443997 >>9443931 >>9443905 The boomer goldbug cringe is real. Gold is a shiny metal that is pretty abundant and is still being mined in quantities we can never know for certain. Just like anything that isn't food etc., the value is entirely fictional.

>>	Anonymous Tue May 15 12:10:48 2018 No.9444001 >>9443751 Explain what happened to WTC 7? How could it collapse exactly like the rest?

>>	Anonymous Tue May 15 12:12:16 2018 No.9444025 >>9443659 Also gold isn't liquid? I can go anywhere in the world and exchange gold. Go on YouTube and you can find starving niggers in Africa panning for .01 gram of gold in riverbeds who immediately exchange it for a loaf of bread.

>>	Anonymous Tue May 15 12:13:48 2018 No.9444053 WHALES ARE ACCUMULATING

>>	Anonymous Tue May 15 12:13:59 2018 No.9444057 >>9443498 guess where they are going to put it

>>	Anonymous Tue May 15 12:14:49 2018 No.9444078 >>9443997 No Gold is desirable for the microwiring in the next-gen semi-conductors.

Anonymous Tue May 15 12:15:00 2018 No.9444084

>>9443997
How do you buy food? How have people bought food for thousands of years you retarded nigger?

Gold and silver. The word for "money" in many foreign languages is literally the word silver.

Fucking dumbass. What do you think people have bought food with for milennia? Their piss?

You can go on YouTube right now and find starving Africans panning for gold in dry riverbeds and when they accumulate .01 gram of gold they can exchange it for a loaf of bread.

The ironic part is you are all anti Jew and don't even realize your being cucked unironically because gold doesn't back the currency anymore. Where the fuck you think all the income inequality comes from?

You people are all stupid

>>	Anonymous Tue May 15 12:15:33 2018 No.9444095 >>9443964 Kinda true. Watching boomers who look like they should be in a nursing home, are instead driving Tesla’s suvs and land rovers being paid by my 9$/hr wage . It fucking makes me sick

Anonymous Tue May 15 12:16:51 2018 No.9444114

>>9443997
"Gold is money, everything else is credit." - JP Morgan (testimony to congress 1912)
"In the absence of a gold standard there is no way to protect savings from confiscation through inflation - there is no safe store of value." - Alan Greenspan (1966)

>>	Anonymous Tue May 15 12:17:25 2018 No.9444121 >>9444078 And that gives it its current value? >How do you buy food? How have people bought food for thousands of years you retarded nigger? People used all kinds of things all the time. Like shells, salt, ...

>>	Anonymous Tue May 15 12:17:43 2018 No.9444127 Reminder gold is for boomers the new gold is Bitcoin

>>	Anonymous Tue May 15 12:18:26 2018 No.9444138 >>9444114 >1912 The gold standard was in effect.

>>	Anonymous Tue May 15 12:19:18 2018 No.9444151 >>9444084 This faggot, in every thread posting the same shit about gold.

>>	Anonymous Tue May 15 12:19:33 2018 No.9444155 File: 40 KB, 381x353, DD9C69AB-EFD8-47B3-A8B7-17D9194DE305.png [View same] [iqdb] [saucenao] [google] This is just a healthy correction, buying the dip.

>>	Anonymous Tue May 15 12:19:41 2018 No.9444156 >>9444084 >How do you buy food? How have people bought food for thousands of years you retarded nigger? People used all kinds of things all the time. Like shells, salt, ...

>>	Anonymous Tue May 15 12:20:16 2018 No.9444166 LMFAO I need 50cc of Peter memes in here STAT

>>	Anonymous Tue May 15 12:20:28 2018 No.9444169 >>9444095 I hope all these retirement fund institutions get crypto shorted to the ground by the Jew banks. Just like the banks shorted on institutions subprime mortgage contracts during the 2009 financial crises

>>	Anonymous Tue May 15 12:21:50 2018 No.9444189 >>9444053 Actually the opposite. Whales are dumping and banks are accumulating. You thinks institutions will buy crypto from hedge funds. U stupid fucking cunt kys

Anonymous Tue May 15 12:22:01 2018 No.9444192

>>9444138
Yeah... and now the gold standard isn't in effect and we are 20 trillion in debt and People fleeing to crypto.

Here is a great example....

In 1964 1oz of gold = 30$. And in wage was $1.25.

So after one week a min wage earner could purchase an ounce of gold.

Today gold is $1,350 and in wage is around 9$.

So a min wage earner today has to work an ENTIRE month to purchase that same ounce of gold that a min wage earner could purchase after a week in 1964.

So a min wage earner today is not early as well off as a min wage earner in 1964.

And that my friend is how the Jews are fucking you

Anonymous Tue May 15 12:23:41 2018 No.9444220

>>9444192
>In 1964 1oz of gold = 30$. And in wage was $1.25.

So after one week a min wage earner could purchase an ounce of gold.

Today gold is $1,350 and in wage is around 9$.

So a min wage earner today has to work an ENTIRE month to purchase that same ounce of gold that a min wage earner could purchase after a week in 1964.

Thanks for confirming that gold is overvalued as fuck.

>>	Anonymous Tue May 15 12:23:56 2018 No.9444226 >>9443751 He probably believes the government spies on its own citizens without a warrant too, what a tin foil hat lunatic am I right?

>>	Anonymous Tue May 15 12:23:59 2018 No.9444228 >>9444127 Market crypto as the "new gold" But being anti REAL actual gold. Defies logic. People like you make niggers look smart.

Anonymous Tue May 15 12:24:54 2018 No.9444239

>>9444192
>Yeah... and now the gold standard isn't in effect and we are 20 trillion in debt and People fleeing to crypto.
Just saying that quote you used does not have the same relevance as at the time.

And gold value is just as fictitious as anything that isn't food, weapons, or shelter.

>>	Anonymous Tue May 15 12:26:49 2018 No.9444269 >>9443309 Behold the weak hands of crypto babies. No one ever loses with gold or real estate. No one.

Anonymous Tue May 15 12:26:58 2018 No.9444272

>>9444220
It's not overvalued you stupid pajeet. All the dollar value of gold represents is how unstable, volatile, and lack of store of value the dollar is.

There were no income inequality memes in 1964. Income inequality is probably a top 3 issue today.

So it's obvious that the dollar is what is fucked.

A gold ounce 900 years ago is still that same gold ounce today. Doesn't make a fucking difference if the dollar exists or not.

How are you guys so devoid of logic and thinking skills? It's fucking scary how infected with Jew propaganda your brains are. Then you come in here bitching about Jews not even realizing the Jews and their commie public schools have trained you to do their bidding for them.

>>	Anonymous Tue May 15 12:28:00 2018 No.9444301 >>9444239 How do you buy and or value that food and weapons? If gold is so fictitious why don't we all go live on the beach and seem that sand is money. Wouldn't work out too well right???

>>	Anonymous Tue May 15 12:29:37 2018 No.9444325 >>9444301 >If gold is so fictitious why don't we all go live on the beach and seem that sand is money. Well sand does cost money.

Anonymous Tue May 15 12:30:01 2018 No.9444338

>>9444114
>> comparing 1912 to 1918
The absolute state of this board. Fucking brain dead invasion like this retard who claims to know what he’s talking about.

Let me add to your peanut brain some valuable information. Bitcoin just like gold has a limited supply and it has a foundation that only experts can understand. You can’t Trade actual gold bars across the world at lighting speed. Kid you’re fucking retarded kill yourself

Anonymous Tue May 15 12:31:45 2018 No.9444377

>>9444239
And of course that quote is relevant. Time doesn't matter.

Like I said... 100 years ago 1oz of gold = 20$. That 20$ was a good weeks salary.

Today that 20$ doesn't even buy you lunch at a bar. But that gold ounce is worth $1,350.... which.... lo and behold.... is still a good weekly salary 100 years later.

So obviously time doesn't matter when you hold real money. Gold.

You could go buy a gold ounce right now and take a time machine back 100 years or 2,000 years and you'll be able to buy the same amount of shit that that gold coin could buy you today.

You idiots are so dumb. Bitching about Jews but then being brainwashed by their fiat.

>>	Anonymous Tue May 15 12:32:00 2018 No.9444382 File: 23 KB, 645x729, 1509401081209.jpg [View same] [iqdb] [saucenao] [google] >>9443860 >crypto isn't real because I can't touch it

>>	Anonymous Tue May 15 12:34:02 2018 No.9444419 >>9444377 That's funny because if I had bought $20 of bitcoin 8 years ago, I'd have $3 million today.

Anonymous Tue May 15 12:34:54 2018 No.9444442

>>9443860
>Because it's physical tangible wealth that represents a unit of labor you braindead pajeet.

What benefit should that be? Nobody cares if you can touch and feel a store of value as long as it literally stores your value.

>Inbe4 some random BTC ATH comparison

>>	Anonymous Tue May 15 12:35:11 2018 No.9444443 >>9444382 This is the real reason people don't understand why bitcoin has value. It's too abstract to them. Literally a sign of low IQ.

Anonymous Tue May 15 12:35:32 2018 No.9444449

>>9444338
You are a stupid.

Nobody is talking about transacting in gold to buy twinkles. Gold is BOTH currency and money. Obviously we aren't going back to paying for shit in gold but you NEED real money backing the currency.

You can have crypto but it needs to have backing just like when the dollar was redeemable in gold.

Bitcoin is a POTENTIAL currency but it is not money.

Look at china... they are big into crypto but they have also been accumulating record tonnage of gold. You think they are accumulating all that gold for fun and it won't have any sort of backing with the new currency???

>>	Anonymous Tue May 15 12:35:53 2018 No.9444456 >>9443482 any reason for confidence in the stock market?

>>	Anonymous Tue May 15 12:38:37 2018 No.9444501 File: 233 KB, 808x805, 1507160669341.png [View same] [iqdb] [saucenao] [google] >S&P 500 down >btc down >gold down wtf am I supposed to invest in?

Anonymous Tue May 15 12:39:42 2018 No.9444520

>>9444419
And the bellcap at the hotel in Weimar Republic Germany who had 25 ounces of gold was able to buy a city block after their hyperinflation event.

There's a difference between investing and having real money. You don't buy stocks for the same reason you buy gold.

Bitcoin is speculative investment for now. It isn't even a fucking currency.

Think about it... when the dollar was strong in say 1910... and you earned 100$ and you put that 100$ under your pillow for 30 years. You weren't expecting it to buy you 10,000$ worth of goods 30 years later right?

That's not how money works. You can't just give a hooker 100$ for a Blowjob and it's worth 1k a year later? That's not how it works.

>>	Anonymous Tue May 15 12:39:52 2018 No.9444523 >>9444501 my bags

>>	Anonymous Tue May 15 12:40:59 2018 No.9444541 File: 1.66 MB, 390x285, 1496846242365.gif [View same] [iqdb] [saucenao] [google] >>9444501 Survivalist supplies... BECAUSE THIS IS THE BEGINNING OF THE END!

>>	Anonymous Tue May 15 12:41:51 2018 No.9444556 >>9443309 End of the world, people will arbitrage the gold to the east where there's a higher price. West will be depleted of gold reserves and China will become our new overlords once they back RMB with gold.

>>	Anonymous Tue May 15 12:42:58 2018 No.9444579 File: 2 KB, 86x86, images.png [View same] [iqdb] [saucenao] [google] >>9443675 Bitcoin Gold

>>	Anonymous Tue May 15 12:45:12 2018 No.9444621 >>9444025 Good luck carrying a ton of gold around with you, ignorant faggot.

Anonymous Tue May 15 12:45:46 2018 No.9444628

>>9444442
But it's not storing your value pajeet. If it was a store of value then why are the normans out?

Because they started buying at 20k and it's 8k now. That's the polar opposite of a site of value.

Now gold..... I actually hope gold goes down to 300$/oz because that would mean that our govt isn't out of control anymore and is becoming fiscally responsible.

And gold at 300$ means that prices of everything would drop. So you wouldn't lose in real terms if gold dropped 70%.

Gold was 300$ about 20 years ago. And overall prices were much cheaper, right? i got a jimmy johns sandwich, chips and a drink yesterday for 12 fucking dollars. 20 years ago that same meal cost probably 5 bucks.

Gold just represents how strong or worthless the dollar is

>>	Anonymous Tue May 15 12:47:08 2018 No.9444651 >9444444

>>	Anonymous Tue May 15 12:47:22 2018 No.9444657 >>9444501 Dogecoin

Anonymous Tue May 15 12:47:47 2018 No.9444666

>>9444621
It's not about carrying around gold to buy things it's about backing the currency with gold so the Jews can't steal our wealth through inflation.

I can't believe you faggots on 4chan are this dumb. You literally blast the Jews for fucking everything economically and you don't even understand that they are able to do that because gold doesn't back the dollar anymore.

Even fucking niggers with no formal education in Africa understand gold is money. That's how dumb you fucktards really are. Thinking your so edgy and smart.

>>	Anonymous Tue May 15 12:48:11 2018 No.9444675 >>9444444

Anonymous Tue May 15 12:48:34 2018 No.9444685

>>9443542

good luck with gold. Are you going to chip off pieces of your gold bullion to pay for a bag of potatoes at the market in this event?

if dollar collapses, you have WAY bigger problems than holding gold is going to fix. If crypto takes off it will be much more efficient and can virtually replace gold or currency in some capacity from the start to still allow trading,

>>	Anonymous Tue May 15 12:48:43 2018 No.9444686 Imagine being stupid enough to actually be a goldbug. Fucking kill yourself autist. And gold is falling because rates are rising since gold is just a relative yield play

>>	Anonymous Tue May 15 12:48:54 2018 No.9444692 Gold is so useless you can't even virtualize it lmao. On the other hand, machines know exactly what a bitcoin is

>>	Anonymous Tue May 15 12:49:35 2018 No.9444707 Gold is money, Bitcoin is on the way to becoming money. You should have both.

Anonymous Tue May 15 12:51:11 2018 No.9444732

>>9444685
The entire point of owning gold is because you fear a dollar collapse. That's the entire point you fucking stupid nigger. WTF you going to put all your wealth into? Canned goods?

How fucking stupid are you brainlets???
The EXACT reason you buy gold is because jew fiat is a scam hijacking all your wealth.

>>	Anonymous Tue May 15 12:51:38 2018 No.9444739 >>9444666 Nice dub trips.

>>	Anonymous Tue May 15 12:52:21 2018 No.9444754 >>9444707 Wrong gold is money and bitcoin is a potential currency. They can work together. If you took a time machine 200 years into the future and you could put all your wealth into gold or bitcoin... what would you choose? Gold of course.

Anonymous Tue May 15 12:53:45 2018 No.9444776

>>9444685

chill out faggot.
Explain to me how having 10 lbs of bullion is useful in an event where the dollar collapses and brings everything down with it including industry and jobs.

first, how the fuck will you guard it? secondly, how are you going to spend it? Its extremely impracticable.
gold is great for keeping with inflation, but that is it.

in an event like above, if crypto takes off, it will be way more efficient. you can actual spend it, secure it extremely easily and its very accessible.

Anonymous Tue May 15 12:54:24 2018 No.9444782

>>9444666

Gold is worthless. It's inferior to other metals in every aspect. The only value of it is that it's rare. That's it. And the belief of people.

Guess what? Bitcoin is rare as well but it can be transferred. It also has the value based on scarcity and the belief of people. That's why gold will soon be worthless. This dip is just the beginning. People are actually pulling out on gold and putting the money into crypto. The future.

>>	Anonymous Tue May 15 12:54:36 2018 No.9444785 >>9444732 Didnt even answer the question lmao

>>	Anonymous Tue May 15 12:54:47 2018 No.9444790 >>9444732 meant to reply to you,

Anonymous Tue May 15 12:55:49 2018 No.9444808
File: 8 KB, 250x221, alert animation.gif [View same] [iqdb] [saucenao] [google]

This guy:

>>9444666
>>9444628
>>9444520
>>9444449
>>9444377
>>9444301
>>9444272
>>9444228
>>9444192
>>9444114
>>9444084
>>9444025
>>9443964
>>9443931
>>9443905
>>9443860
>>9443822
>>9443761
>>9443595
>>9443577
>>9443562

is this guy:

>>9435953
>>9435981
>>9436029
>>9436193
>>9436233
>>9436274
>>9436351
>>9436393
>>9436439
>>9436492
>>9436543
>>9436579
>>9436633
>>9436664
>>9436703
>>9436779

He's from reddit.

>>	Anonymous Tue May 15 12:56:22 2018 No.9444824 File: 677 KB, 2000x1500, 20180409_115432(size).jpg [View same] [iqdb] [saucenao] [google] >>9444685 >Are you going to chip off pieces of your gold bullion to pay for a bag of potatoes at the market in this event? Yes

>>	Anonymous Tue May 15 12:58:35 2018 No.9444863 >>9444824 and what about the fact we live in THE INFORMATION AGE? Lol. This isn't the middle ages. almost all commerce is done digitally now.

Anonymous Tue May 15 12:59:57 2018 No.9444892

>>9444776
There will be a revaluation of gold. You wake up one morning and gold is 50k per ounce. Then a deflationary collapse of all asset prices. Now a median priced home is 30k instead of 200k like it is now. And that 1 single ounce of gold (converted to the new currency) now buys you a house.

Just like the bellcap in Weimar Republic who bought a city block after hyperinflation.

Now crypto IS useful and that's where things are headed. But the dollar is dying bro. Fiat currencies are failing. How do you value that bitcoin with the dollar gone??? All prices will have to become gold prices. YouTube trump gold standard. Some chink reporter asked him about currencies and see what he said. Trump said we are going to be on an even playing field sooner than later.

Also...
The problem is DEBT. The world is swimming in DEBT. Crypto doesn't solve the debt problem. Gold does tho. Which is why you'll have a revaluation and then everything goes digital with crypto

>>	Anonymous Tue May 15 13:00:56 2018 No.9444907 Gold is absolutely worthless, it's only value lies in the demand created by fickle women for the jewelry industry. t. Pro mining geologist.

>>	Anonymous Tue May 15 13:01:43 2018 No.9444921 >>9444863 You can't value goods in terms of bitcoin. Gold is the best measure of value EVER. You can have crypto but gold needs to back it.

>>	Anonymous Tue May 15 13:02:44 2018 No.9444940 >>9444808 No I'm not. I'm the AK-47 ran out of gas guy. Fuck Reddit

>>	Anonymous Tue May 15 13:02:51 2018 No.9444942 >>9444892 Imagine being this fucking deluded

>>	Anonymous Tue May 15 13:03:14 2018 No.9444949 >>9444863 >the grid gets fried >no electricity let me just hop onto my tablet and buy some bulk Onions off of Amazon... oh wait

>>	Anonymous Tue May 15 13:04:06 2018 No.9444965 >>9444907 What do you think gace the dollar its value you braindead pajeet? Gold did. Why do you think the economy is all fucked up today with massive income inequality? Because gold doesn't back the dollar anymore. Duh

>>	Anonymous Tue May 15 13:04:10 2018 No.9444968 >>9444921 >You can have crypto but gold needs to back it Boomer intelligence on display here.

>>	Anonymous Tue May 15 13:04:32 2018 No.9444973 >>9444754 >Wrong gold is money and bitcoin is a potential currency. They can work together. Sounds like you think Bitcoin can be pegged to gold. Good luck with that. Am I interpreting you incorrectly?

>>	Anonymous Tue May 15 13:05:07 2018 No.9444987 >>9444892 how sick would it be if all debt in the world was forgiven just mutually?

Anonymous Tue May 15 13:06:42 2018 No.9445015

>>9444942
You are the one who is deluded. Look around you dumbass. Fiat currencies are failing all over the world.

China has been accumulating gold in record tonnage for over 10 years now. Do you think they are doing that for fucking fun? Just a government hobby?

You don't know fucking shit. Your whole education is being brainwashed by kikes to accept their debt slavery federal reserve note... and you aren't even bothered to read the constitution where our founders stated gold and silver shall be legal tender.

And now that it isn't anymore you have the fucking economic problems we have. Based fucking 2+2=4 logic

Anonymous Tue May 15 13:08:57 2018 No.9445045

>>9444921

It was. It has history. That was till the information age. you need to look at the context of the alst century, then alst decades, then the last decade alone to see where we are going. The world is changing faster than most can adapt. and those that can make good calls will make a lot of money.

When fiat currency was starting, a revolution happened. Plenty of people probably adamantly stuck with gold, and back then it made sense as it was easily traded in person still.

those ame people who purchased gold due to suspicions about this new "dollar" are the same people who would be getting their feet wet into crypto currencies today. you aren't some smar guy ahead of the rest because you are clinging onto outdated and previous thinking. its not new. apply those same ideas into a new age or get left behind.
>>9444949

Thats simply not going to happen. /pol/ doomsdayers are like little kids with fantasy books and zombie adventures. humanity is way past that, and the information age is speeding up faster than anyone can keep up with, at an exponential rate.

Anonymous Tue May 15 13:09:30 2018 No.9445057

>>9444968
How do you value goods in bitcoin you spook nigger?

You don't even fucking understand that money is supposed to measure value. That's why gold has been money for milennia. Because a fucking gold ounce 2500 years ago bought you the exact same amount of bread loaves as it does today

>>	Anonymous Tue May 15 13:09:45 2018 No.9445062 File: 38 KB, 800x450, grug.jpg [View same] [iqdb] [saucenao] [google] >>9443860 Grug find shiny rock me like shiny rock. grug trade shiny rock for hut, grug workhard to find shiny rock. shiny rock real currency forever.

Anonymous Tue May 15 13:11:29 2018 No.9445092

>>9445045
So why is china, India, and Russia all accumuLating gold in record tonnage with their increasingly worthless dollar debt holdings?

People aren't fleeing to crypto because there is a problem with gold. People are fleeing to crypto because there is a problem with the dollar... and unirOnically that problem is that the dollar isn't backed by gold.

>>	Anonymous Tue May 15 13:12:58 2018 No.9445115 >>9445045 Gold hasn't been legal tender for decades. But that gold ounce from 1950 still buy you the same amount of goods back then as it does today. Doesn't matter wtf the Jews do

Anonymous Tue May 15 13:13:24 2018 No.9445122

>>9445057
Gold has value because there's a finite supply of it and people arbitrarily decided it should have value because it was shiny and early humans were brainlets. Now guess what else has a finite supply and actually solves problems that gold never can?

Anonymous Tue May 15 13:13:32 2018 No.9445125

>>9445092

As a hedge. duh. its fucking stupid to ignore gold if you are a fucking government. its careless.
you are even more retarded if you think they havent been accumulating Bitcoin. There have been many reports of China and russia accumulating it.

The thing is you goldbugs are so prehistoric i nyour thinking. you are smart enough to take lessons from the last centry and see how to protect yourself and maybe it works a bit, but you are nto smart enough to take those concepts, and not apply them so literally to days changing world instead.

Anonymous Tue May 15 13:17:00 2018 No.9445171

>>9445125
Yeah i know china is into crypto. I never said they weren't into it. They are balls deep in gold and crypto. So your brainlet brain can't determine that there is probably a connection with gold and cryptos that china is going to use?

I'm not anti crypto at all. But it needs to be backed.

What? You think people are just going to throw all their wealth into some electrons running around on a computer circuit board that isn't backed by anything of real tangible physical wealth??? You really think people are that fucking deluded?

Bitcoin is down $12,000 in months. That's neither a currency or a store of value.... much less real money.

You people have no logic at all

>>	Anonymous Tue May 15 13:18:18 2018 No.9445194 >>9445125 So it's stupid to ignore gold as a government??? But it's stupid to own gold as an individual??? Is that what you are saying? Correct me if I'm wrong

>>	Anonymous Tue May 15 13:19:47 2018 No.9445214 >>9444084 Wait... you think that anon pays for food at the super market with gold and silver?

Anonymous Tue May 15 13:21:56 2018 No.9445246

>>9445171

Again, you are applying human thinking and lessons based on humanity that existed from cavemen till before electricity was produced for the most part.

then in a short space with industrial revolution, fiat came around. That thinking worked still because we were not digital yet.

now we are entering the digital age. The progress made from 1994-2014 was arguable less than 2014-2018. that is going to continue till we are in a situation that neither me nor you can fully predict right now, but all we do know si we are heading into an irreversibly digitized age and million year old principles are not going to be literally applied anymore, like with gold. you can take them conceptually and see how it applies to a digitized society and financial world.

crypto is an obvious infancy of that. there is no reason to assume that the same principles giving gold value cannot be shared exactly with Bitcoin or its replacement in 2 decades from now. Data is going to be as real ad valuable as any physical object, its just hard for people to perceive right now.

Anonymous Tue May 15 13:22:11 2018 No.9445248

>>9445171
>I'm not anti crypto at all. But it needs to be backed.
Please explain what you mean by "backed". No single entity is issuing Bitcoin. We can value it in gold, but that is not anywhere close to it being backed by gold. Bitcoin isn't backed by the US Dollar even though people measure the relative value of it against the US Dollar

>>	Anonymous Tue May 15 13:23:04 2018 No.9445265 >>9443309 Kek, gg boomer shitcoin

>>	Anonymous Tue May 15 13:23:55 2018 No.9445280 >>9444443 So close

>>	Anonymous Tue May 15 13:25:08 2018 No.9445305 File: 538 KB, 1663x791, 1526392791847.jpg [View same] [iqdb] [saucenao] [google] >>9443334 >Kill yourself Count on it

>>	Anonymous Tue May 15 13:25:44 2018 No.9445315 >>9445171 Three letters: DGX. Google it. Gold backed, Ethereum based stablecoin, that in a month will be stakeable in the MakerDAO smart contract to back DAI issuance. Yep, Gold backed dollars are here again, just....don't let the Fed know yet kek

>>	Anonymous Tue May 15 13:26:32 2018 No.9445329 >>9443309 hahaha I ended up selling the top to pay my taxes good call me

>>	Anonymous Tue May 15 13:27:23 2018 No.9445344 >>9444987 I doubt anybody would be willing to lend money after that. Then without shit loads of debt/credit floating about, asset prices would collapse.

Anonymous Tue May 15 13:28:05 2018 No.9445355

>>9445246
Gold will not lose its value despite anything you just said coming to fruition or not. And a pork chop today is still going to have its same value in gold 100 years from now.

I'm not just arguing because of what i know about me being right about this personally. I'm seeing what these emerging nations are doing. They are all stacking gold like crazy. Chinese citizens themselves collectively own 6k tons worth of gold.

You need to have a baseline... and that baseline is gold

>>	Anonymous Tue May 15 13:31:11 2018 No.9445410 Moral of this thread. We can agree that er disagree.

>>	Anonymous Tue May 15 13:32:19 2018 No.9445424 >>9444808 >The absolute state of neets You should use your time in something worthy kek

Anonymous Tue May 15 13:34:13 2018 No.9445459

>>9445248
Bitcoin has been going up in value man... that's not how currencies work. Imagine when they started issuing dollars 200 years ago just like bitcoin....and you went out in 1812 for a day and worked and you got paid 2 bucks. You weren't hoping that 8 years later in 1820 that that 2 bucks would buy you a house, right?

It was backed by gold and your value was stored. That's how it works.

Real money is about not having your stored energy confiscated.

Bitcoin relies on the value of the dollar. If all currencies failed tomorrow what would a bitcoin buy you?

>>	Anonymous Tue May 15 13:36:12 2018 No.9445495 >>9445459 Why shouldn't Bitcoin be another store of value and has no disadventage over gold, except a complete blackout. It even has more adventages

>>	Anonymous Tue May 15 13:39:18 2018 No.9445538 File: 20 KB, 362x259, 1495046148058.jpg [View same] [iqdb] [saucenao] [google] >>9443562 >the deflationary collapse following hyperinflation So when's that going to happen? Next week? A month?

Anonymous Tue May 15 13:42:21 2018 No.9445595

>>9444782
You are literally the world's most deluded person if you think that the macroeconomic reasons for gold dropping is because "people are selling their gold in order to put it into crypto." You must be absolutely brain dead to believe such a thing. Crypto is useless. Completely worthless right now, only has increased in value because of fomo and hype. There is no utility, nobody believes in it. Gold has been the standard currency or backing currency for millenia. Your computer electrons aren't going to change that

Anonymous Tue May 15 13:45:47 2018 No.9445664

>>9445459

okay imagine, that back then, that instead of fiat, they literally invented a way to make paper gold with a machine.
It was easier to transport, light, prodded easily, and still redeemed for gold like a dollar was back then.

what would be more used?

Now imagine a new metal came around, it was just as scare but new technology made it identifiable. It was also much lighter and easily to turn into something like a paper note with a machine.

whats the difference? I'll tell you. history. one has an established value because of millions of years of price discovery through trading.

Now bitcoin is that new "metal". except its even better, because its digital. we are now in that price discovery phase. it wont take millions of years though, it will take some decades at most.

Anonymous Tue May 15 13:47:25 2018 No.9445701

>>9443562
>deflationary collapse
Literally has never happened, and cannot happen. Deflation is one of the best things that can happen with someone that holds a money, it's too bad that it doesn't happen with a fiat money. Don't read the wikipedia revision definition of the word. The greatest period of economic growth occurred in a period of deflation in the united states, the greatest force holding back the internet from having done the same was the inflationary federal reserve.

>>	Anonymous Tue May 15 13:49:38 2018 No.9445743 >>9445459 Old banknotes and coins would be worth a lot so that's a poor comparison

Anonymous Tue May 15 13:50:28 2018 No.9445761

>>9445664
Yeah people used to use gold and silver to transact because bartering is for niggers. Gold and silver made trade efficient. Then came paper money cuz it was easier than transacting in gold... but it still had to be backed by gold otherwise you end up in an economic clusterfuck like today.

Crypto is easier than paper dollars. But it still has to be backed by real money.

Anonymous Tue May 15 13:50:33 2018 No.9445763

>>9445459
Gold doesn't have any tangible value other than it's rare and people think of it having value. Bitcoin is the same.

>Bitcoin relies on the value of the dollar.
It absolutely does not rely on the dollar any more than gold.
>If all currencies failed tomorrow what would a bitcoin buy you?
Whatever someone is willing to trade for it. Same is gold. In than scenario having control of land is the clearly superior store of value imho

>>	Anonymous Tue May 15 13:52:13 2018 No.9445794 >>9445459 >Bitcoin relies on the value of the dollar Holy shit boomers can't really be this stupid can they?

Anonymous Tue May 15 13:52:41 2018 No.9445811

>>9445664
You still need money to back that digital. Otherwise crypto is just like fiat. I understand the convenience argument if it but it still has to be redeemable in something physical. This is real life not make believe fantasy.

This is why i think that crypto is really a creation of the NSA/FED. BecAuse there is nothing worse than a cashless society.

Anonymous Tue May 15 13:52:56 2018 No.9445818

>>9445761

fiat was not scare. that is why it needed backing by gold. don't you see? It made from cotton and paper, and a governments power.

Bitcoin, is everything gold is i na digital age. except its everything digital fiat is too. Its BOTH.

This is the abstract layer boomers get stuck on. they don't understand what digital really is or what its going to be.

>>	Anonymous Tue May 15 13:53:21 2018 No.9445832 >>9443675 bcash

>>	Anonymous Tue May 15 13:54:40 2018 No.9445860 >>9443751 >not accepting 9/11 was an inside job lmao what, grow up

Anonymous Tue May 15 13:55:09 2018 No.9445867

>>9445743
LOL numismatic value of an old dollar doesn't count dude. I'm talking about you having earned 2 bucks for a days work in the year 1910.... and you thinking it will buy you a house 30 years in the future. That's like what bitcoin has been... but that's not how money works. Money is supposed to preserve your economic energy and store it.

Let's say that every person in the world today transferred all their fiat money into crypto... what? Does everyone just become rich? Not how it works

>>	Anonymous Tue May 15 13:55:30 2018 No.9445871 File: 49 KB, 687x606, Guys look i am a brainlet who look at everything in 1ms charts.png [View same] [iqdb] [saucenao] [google] >>9443309

>>	Anonymous Tue May 15 13:56:04 2018 No.9445882 >>9445664 >it will take some decades at most It won't even take that long. Technological progress is exponential and full adoption of bitcoin/crypto will happen much faster than it took for full adoption of the internet to happen.

Anonymous Tue May 15 13:56:55 2018 No.9445902

>>9445763
How is bitcoin the same? Everyone knows gold has value. Not only that everyone that has lived for the past 3 thousand years knew that gold had value. Every single person.

How many people own bitcoin? Virtually nobody owns bitcoin and 90% of the people can't tell you why it's valuable.

Anonymous Tue May 15 13:59:23 2018 No.9445946

>>9445763
Lol you think gold relies on the dollar for value??? For real???

Are you mentally challenged???

Quick question... did gold all of a sudden become valuable when America was born and the dollar was created??? OF COURSE NOT!

If the dollar dissapeared tomorrow.... my gold doesn't lose ANY value.

The ENTIRE POINT in buying gold is BECAUSE the dollar is a fraud!

>>	Anonymous Tue May 15 14:00:02 2018 No.9445954 >>9443309 Gold won't build wealth, that's why I stopped buying it.

>>	Anonymous Tue May 15 14:00:18 2018 No.9445960 File: 1.29 MB, 1202x1502, 1526082321672.png [View same] [iqdb] [saucenao] [google] >>9443751 >he thinks the ZOG didn't do 9/11

>>	Anonymous Tue May 15 14:02:15 2018 No.9446001 File: 8 KB, 504x308, 1515469729580.png [View same] [iqdb] [saucenao] [google] >>9444808 No its Peter Schiff.

>>	Anonymous Tue May 15 14:02:53 2018 No.9446017 how does one short gold?

>>	Anonymous Tue May 15 14:02:59 2018 No.9446021 >>9445818 It's everything gold is except there's nothing of physical value. There's no utility. Just because you built a nice looking house on a computer doesn't mean you can live in it.

>>	Anonymous Tue May 15 14:04:28 2018 No.9446055 >>9445954 Deluded completely. Gold won't build wealth? Dude.... gold IS WEALTH. gold IS SAVINGS! Jews have really infected your guys' brains. GOLD IS WEALTH you monkey

Anonymous Tue May 15 14:04:37 2018 No.9446059

>>9445954
Gold isn't meant for that. Gold is a hedge.

How would you feel if you spent 20 years trying to "make it". You save up every penny, you take risks in crypto, you've accumulated 50 million dollars and you think you're crazy rich.

And then hyperinflation comes around and you are fucked. Everything you worked for is gone, that 50 million can't even buy a house anymore.

But you know what can and will buy a house? A couple ounces of gold.

This is what people don't understand. When you trade alts vs bitcoin, you can be up in sats and yet down in dollar amount. Now what would happen if your alt moons 10x,but btc has droppedd to 100 dollars? You don't have shit. And that's what staying in dollars is like. Gold is a safety net because gold is backed by gold, but the dollar isn't. It's value can hyperinflate and change tomorrow and your life's work is gone

Anonymous Tue May 15 14:06:42 2018 No.9446099

>>9445954
If the dollar implodes tomorrow what happens to your dollar denominated wealth? It tanks.

If you have your wealth parked in gold. Fiat collapsing means nothing to you as far as your wealth and savings goes.

You people need to read this.......GOLD IS SAVINGS!!!!

How are you guys so brainwashed???

Anonymous Tue May 15 14:07:40 2018 No.9446121

>>9443822
Your arguments for gold aren't unreasonable, however that doesn't mean crypto isn't a paradigm shift. We won't know the true value of crypto for another 10-20 years (maybe longer) because we still have a long ways to go for adoption and to build up liquidity. After that happens it'll serve the same store of value function of gold and then some.

>>	Anonymous Tue May 15 14:07:55 2018 No.9446125 >>9446059 EXACTLY! Spot on! But it is really more than a hedge. Gold is actual savings and actual real wealth.

>>	Anonymous Tue May 15 14:08:51 2018 No.9446148 >>9444776 >needs potatoes >”hey fags with your bullion. Need a file to make some gold dust to buy potatoes?” >pays with bitcoin >dies of starvation waiting for transaction to confirm

>>	Anonymous Tue May 15 14:09:22 2018 No.9446164 >>9443336 underrated

Anonymous Tue May 15 14:11:35 2018 No.9446197

>>9446121
You can mix the two. And I'm not saying their isn't a paradigm shift coming. But the paradigm shift is moreso the end of fiat than the introduction of crypto.

Crypto will just help facilitate the end of fiat... but gold will be the baseline...crypto will not replace gold as a store of value.

I mean why would you need to change the store of value??? There's absolutely no issue with gold. The issue is fiat. Crypto will be the currency and gold will be the money. Crypto can't be money because there's no physical tangible value.

Anonymous Tue May 15 14:11:48 2018 No.9446199

>>9446099
I wish they understood..... They've become so brainwashed they think the dollar is most important, the dollar is the base. It's not because it has been eroding massively the past century. I'm trying to think of a way to compare usd/gold as btc/USD but I cant think of anything.
It's almost as though imagine you finally make your trades and get into the 21 club. You think you're sitting pretty, rich af. Then you go to sleep 1 night and wake up and now you still have 21 btc except they ain't worth jack shit anymore. You can't even buy a sandwich with 21 btc. That's how all of these people sitting in Fiat are, except because they haven't seen hyperinflation firsthand they can't relate and think it won't happen to them.

Anyway the question i had for you since you seem to know a lot is where can I buy actual gold bullion, and I mean a good place. I know I could go to a pawn shop or whatever but they have massive markups and fees for no reason. Is there a place I can buy gold without paying for too much bullshit? A website or something..... I have no clue but think it would be very smart to have maybe 4oz or so to hold in a lockbox forever in case shit goes diwn

>>	Anonymous Tue May 15 14:13:26 2018 No.9446243 >>9444449 Something backing crypto defeats the point of crypto. >store your crypto in your brain to avoid confiscation >your crypto is backed by gold which is confiscated

>>	Anonymous Tue May 15 14:13:45 2018 No.9446247 >>9446199 Perth mint

Anonymous Tue May 15 14:15:55 2018 No.9446287

>>9446199
Just go to a coin shop. Pay in cash. I think if you buy more than 7k in a day they have to report it so just straddle your buys on different days.

You can buy in apmex but paper trail using a card.

But yeah just google coin shops...and yeah def don't go to a pawn shop

>>	Anonymous Tue May 15 14:16:11 2018 No.9446292 apmex.com jmbullion.com

Anonymous Tue May 15 14:16:31 2018 No.9446301

>>9445902
Most people can't tell you why gold is valuable. You agree that gold is valuable just like me, but Bitcoin has every single aspect of gold that makes it valuable PLUS Bitcoin is superior when it comes to security and portability. The one downside Bitcoin has is that it's not quite as fungible.

>>9445946
>Lol you think gold relies on the dollar for value??? For real???
No, but people think of gold in dollars today, just like Bitcoin

>>	Anonymous Tue May 15 14:17:24 2018 No.9446319 >>9446243 So you are telling me that people would be less apt to convert fiat to crypto if gold was backing it???? Brainlet

>>	Anonymous Tue May 15 14:18:44 2018 No.9446348 >>9445595 > crypto is useless > gold is valuable I won't even argue after this point.

>>	Anonymous Tue May 15 14:19:02 2018 No.9446357 File: 68 KB, 800x635, flat800x800075f.u11.jpg [View same] [iqdb] [saucenao] [google] >>9444754 >If you took a time machine 200 years into the future and you could put all your wealth into gold or bitcoin... what would you choose?

>>	Anonymous Tue May 15 14:19:44 2018 No.9446369 >>9444949 You should have bought food and guns in that event, not gold.

>>	Anonymous Tue May 15 14:19:58 2018 No.9446370 >>9446301 Bitcoin has every single aspect of gold except your can't see it. Bitcoin relies on fiat value Gold does not rely on fiat. These are big differences. If bitcoin was redeemable in gold... you'd have a real currency.

>>	Anonymous Tue May 15 14:20:13 2018 No.9446374 File: 605 KB, 1008x550, file.png [View same] [iqdb] [saucenao] [google] Neat, when can I expect to buy yellow gold jewelry at a discount?

Anonymous Tue May 15 14:20:24 2018 No.9446379

>>9446247
I live in New York, I see this is Australian. Does that matter in any way? There won't be any rules or regulations will there? I know that Australian customs is very difficult to get anything through, this won't be suspicious will it?
At the top of the website should I go for bullion or storage. Both kind of sound like what I need. Sorry for all these questions, I only know the benefits of gold but not these specifics about how to acquire it

>>9446287
But are these coin shops like rare old coins? I meant more like one of those small unmarked bars of solid 1oz gold, that's more what I'm looking for. Also coin shops aren't going to have a huge markup and somehow make me pay 1500 bucks an Oz even though rn it's about 1280?

Anonymous Tue May 15 14:21:35 2018 No.9446401

>>9446319
Yeah I wouldn't touch crypto if it were "backed by gold". Because nothing can ever be backed by gold, you can only ever have an institution's PROMISE that they'll redeem it for gold. It will always require trust. And there would be no point in investing in it because the value will never go up.

Anonymous Tue May 15 14:22:37 2018 No.9446427

>>9446369
Yeah... put all your net worth into guns and food. Don't put any into gold to preserve the wealth that you don't use on guns and food.

You people are retarded and don't think. It's as if you think there's a law stating that if you buy guns and ammo you can't also buy gold. Guess what? You can buy food and guns and gold.

What do you think gold is for??? Gold is money to buy things you need.

Pretend it's the year 1635 and you have 10 ounces of gold. You fucking idiots would be like wtf am I gonna do with this. While the rest of the same world in the 15th century would use it to buy goods shelter etc

>>	Anonymous Tue May 15 14:23:17 2018 No.9446436 >>9444666 You'll realise eventually that you're wrong...and so is Ron paul

Anonymous Tue May 15 14:24:23 2018 No.9446457

>>9446401
>no point in investing because the value would never go up
Christ you guys still don't get it.

You're not buying gold hoping for the dollar price of the gold to go up. That is the opposite of what you want because it will mean the onset of hyperinflation. You're buying it in case the worth of a dollar drops so drastically that your life savings in dollars can't buy you a loaf of bread

Anonymous Tue May 15 14:24:47 2018 No.9446467

>>9446301
Because gold is rare (finite supply) AND fungible. A big enough solar flare or a world war could mark the end of crypto, and since hardly anyone holds cash dollars probably the end of the dollar as well.
>inb4 Internetworks will never fail, NEVER

>>	Anonymous Tue May 15 14:25:13 2018 No.9446479 >>9446319 Yes

Anonymous Tue May 15 14:25:54 2018 No.9446492

>>9446457
I said there would be no point in investing in CRYPTO if the value never went up relative to gold. I would just buy gold then brainlet. And thanks for ignoring my point that you can never have a crypto backed by gold, only an institution's promise that it's backed by gold.

Anonymous Tue May 15 14:25:59 2018 No.9446494

>>9446370
>Bitcoin relies on fiat value
Wrong

>Gold does not rely on fiat.
Right

>If bitcoin was redeemable in gold... you'd have a real currency.
Who's fulfilling a request for redemption or setting the peg? Bitcoin needs no backing aside from itself just like gold.

>>	Anonymous Tue May 15 14:26:32 2018 No.9446504 >>9446427 >put all your net worth into guns and food Never said that.

Anonymous Tue May 15 14:26:45 2018 No.9446514

>>9446401
Are you retarded? Gold is the trust. We used to be on a gold standard where you could go to the bank and exchange dollars for gold.

Money isn't supposed to go up in value dude. Money is supposed to protect what you have. 100 years ago 20$ was a good weekly salary, that same 20$ barely buys you lunch at a bar today. You aren't supposed to work for 20$ and then it buys you a house 10 years later.

Your investing in a speculative asset with no real use cases. If you want actual adoption it has to be backed by real money otherwise nobody is going to put their entire net worth on the fucking internet.

I mean the dollar sucks ass but at least for now it's backed by the military.

>>	Anonymous Tue May 15 14:28:06 2018 No.9446533 >>9446370 >If bitcoin was redeemable in gold... you'd have a real currency. PHAM: https://schiffgold.com/buy/buying-gold-silver-bitcoin/ https://www.jmbullion.com/buying-gold-silver-bitcoin-faq/

>>	Anonymous Tue May 15 14:28:06 2018 No.9446534 >>9446379 Buy through an American dealer. JM bullion, APMEX, monument metals, etc (all these are online) Coin shops sell bullion as well. The majority of their business is acting as precious metals brokers

Anonymous Tue May 15 14:28:37 2018 No.9446548

>>9446514
>We used to be on a gold standard where you could go to the bank and exchange dollars for gold.

USED TO BE . USED TO BE. USED TO BE.

So how do I know if I buy your "crypto backed by gold" , it's not going to become "USEDTO BE" backed.

Holy shit you're so dumb. You can't have anything backed by gold. Only an institution's PROMISE that it can be redeemed.

>>	Anonymous Tue May 15 14:28:58 2018 No.9446559 >>9446492 Well if that institution has the fucking gold then your golden.

>>	Anonymous Tue May 15 14:29:25 2018 No.9446571 >>9445595 IT HAS ALWAYS BEEN LIKE THIS SO IT HAS TO STAY FOREVER LIKE THISSSQ!!!!!!!!!!!! thats what you are saying basically? go read a book on the real estate or the dotcom bubble

>>	Anonymous Tue May 15 14:30:16 2018 No.9446587 >>9446494 Oh really? So if all fiat currencies are worth nothing tomorrow then what is bitcoin worth? Last I checked people cash out their bitcoin into fiat? If bitcoin doesn't rely on the dollar then why is half this board suicidal since Jan ATH?

>>	Anonymous Tue May 15 14:31:32 2018 No.9446613 >>9446587 >Last I checked people cash out their bitcoin into fiat? Brainlets or people who need some cash on hand do. Look at the trend, most people hold.

>>	Anonymous Tue May 15 14:33:53 2018 No.9446678 >>9446559 Are you serious nigger? The whole point of crypto is to get away from trusting centralized institutions.

>>	Anonymous Tue May 15 14:34:20 2018 No.9446687 >>9444501 UVXY

Anonymous Tue May 15 14:35:43 2018 No.9446728

>>9446548
Yeah "used to" and that's when the dollar was strong, prices were low. White people could have 8 kids while the wife stays at home and the father didn't even need a high school degree.

No gold standard equals maybe 2 kids with both parents with professional degrees.

China and Russia will be backing crypto with gold. So it actually has value. Just like the dollar used to have value when it was backed by gold.

It's not gonna be some idiot offering crypto backed by gold. And you just said that you don't need crypto backed by gold... so if the promise wasn't kept up that it would be backed by gold then you shouldn't even care you brainlet

Anonymous Tue May 15 14:36:13 2018 No.9446741

>>9446571
>comparing real estate (bubble for maybe a couple decades) and internet bubbles (a few years) to the standard for currency used for 5000 years.... Hm..... I wonder which carries more weight and has a greater chance of retaining the value it has always had. How about we wait a couple decades to see through to the end of WW3 and see how your petrodollar is still doing once the world stops using it because they don't have to. I hope you make millions in crypto only to sell them back into USD and Tha have that hyperinflate into nothing.
Gold is the standard. Gold can not hyperinflate. Dollars will, and you'll be wishing you had some then

>>	Anonymous Tue May 15 14:37:20 2018 No.9446759 >>9446678 America was decentralized when we were under a gold standard. It's centralized now because if the Jew fed and govt controed banks

>>	Anonymous Tue May 15 14:38:47 2018 No.9446794 >>9446728 >backing crypto with gold Again missing the point of crypto. That isn't to mean you couldn't have a colored coin pegged to BCH, but you wouldn't want BCH pegged to any physical asset.

>>	Anonymous Tue May 15 14:39:22 2018 No.9446810 >>9446741 Bitcoin is the standard. Bitcoin can not hyperinflate. Dollars will, and you'll be wishing you had some then Search your heart, you know it's true

Anonymous Tue May 15 14:39:56 2018 No.9446826
File: 466 KB, 604x602, 1526067472915.png [View same] [iqdb] [saucenao] [google]

>>9445882
agreed. I think people who dont see how BTC can become a digital gold or a currency with all the benefits of gold and fiat together just are not very familiar with technology in general. not very savy. Or bitcoin and these ideas are too abstract with for them. literally low IQ

>>	Anonymous Tue May 15 14:41:15 2018 No.9446850 gold is just a meme

Anonymous Tue May 15 14:41:39 2018 No.9446857

>>9446728
I don't want it to be backed by gold, I'm saying if it was you would get the worst of all worlds. It wouldn't be a hedge because the institutions could just stop backing it just like the US did, and the value would never rise. Worst of both worlds. I'd rather have gold, or crypto untethered to gold and government promises to redeem it.

Anonymous Tue May 15 14:41:51 2018 No.9446862

>>9446741
Just it is now the standard, it wot be the next 100 years, just because it was used for 3500 years. Gold only has the value we are facing right now because people trust in gold. Gold does not have any real value for us, you cant eat it, you cant drink it, you cant use it for something you need to live.

Anonymous Tue May 15 14:41:58 2018 No.9446864
File: 1.37 MB, 1440x2560, Screenshot_20180515-144054.png [View same] [iqdb] [saucenao] [google]

If bitcoin is the new store of currency then how come I can buy an actual store of currency with this new fake form?
Checkmate atheists
Boomers: 1
Coiners: 0

>>	Anonymous Tue May 15 14:43:01 2018 No.9446882 >>9446810 my brotha

>>	Anonymous Tue May 15 14:43:12 2018 No.9446885 >measuring gold in monopoly money printed out of thin air by (((them))) Look at the charts that plot gold vs the stock market or tangible assets and see the difference topkek. DOW is a fucking pancake vs gold value over time.

Anonymous Tue May 15 14:44:43 2018 No.9446920

>>9446199

nobody is saying that brainlet. ffs. we are saying that if that ever happens, crypto or its successor is likely to be an even better store.

it'll be like the guy who saved everything on stone tablets in an ancient language franca hundreds of thousands of years ago, to save it, and when the day comes, nobody can fucking understand it anymore. its outdated.

by the time this "dollar collapse happens" crypto will have taken off and offer all the beenfits of gold plus so much more.

gold will STILL be valuable, but simply impractical still. let me pay you in china for this computer part form America, i'll post the gold chips to you. lol.

Anonymous Tue May 15 14:46:05 2018 No.9446941

>>9446810
ONLY if everyone accepts this is true, which 99% of the population hasn't and won't.

>>9446862
Everything you said about gold is true for bitcoin as well. You can't eat it etc.

You say only reason people accept gold as the standard is because everyone believes in it... That's the point. People always have, and always will. Whereas your newfangled internet money is a meme. Very very few people believe in it and it Will never reach mainstream acceptance the way gold will. And for that reason it will never become the universal store of value you think it will.

If people believed in BTC like they do in gold, they wouldn't be tearing their hair out rn because they're down 50% in terms of Fiat. They wouldn't care since they still own a bitcoin. But most people don't care about holding bitcoin, they only want to sell it to the greater fool for more money. This is the opposite of a store of vslue

>>	Anonymous Tue May 15 14:46:09 2018 No.9446943 >>9446857 /thread

Anonymous Tue May 15 14:46:35 2018 No.9446952
File: 3.39 MB, 312x290, 1387900219671_chloes-infectious-laugh.gif [View same] [iqdb] [saucenao] [google]

xau usd has been trading flat for 5 years, 1050 to 1360 range. same with silver. silver is better buy atm but both are slowly building some upward trend. silver to gold ratio is looking very good for silver, gold is still very weak and consolidating, maybe even years before any serious upward thrust. not a short atm even tho dollar will surge

>>	Anonymous Tue May 15 14:48:14 2018 No.9446985 >>9446864 Or you sell an outdated store of value and buy the new updated store of value. Checkmate jews Boomers 0 Coiners 1

>>	Anonymous Tue May 15 14:49:57 2018 No.9447021 File: 19 KB, 172x295, 1383987.jpg [View same] [iqdb] [saucenao] [google] >>9443309 Gold? Who cares, it's not even listed on CMC.

Anonymous Tue May 15 14:50:15 2018 No.9447028

>>9446941
>ONLY if everyone accepts this is true, which 99% of the population hasn't and won't.
People accepting that gold has value is the ONLY reason that gold has value. Gold happens to be good at this due to being scarce. Bitcoin has this property too.

Anonymous Tue May 15 14:51:12 2018 No.9447042

>>9446985
Or, in my case, buy both.

I am a crypto permabull but I can not and I don't think any person should, disregard actual, real gold. I don't even look at gold as an investment, more of a hedge. If I stay in dollars and they hyperinflate, my life savings disappears. But with a little crypto and a little gold I'll be able to make ends meet.

Anonymous Tue May 15 14:53:30 2018 No.9447091

>>9447028
Right. Makes total sense, should work in theory. But normies don't trust bitcoin. They don't understand it and they don't see it as gold even though the properties are similar. Gold is more accepted than crypto right now and most likely will be forever. I doubt you will ever get the majority of people on board with crypto, as much as I'd like to see normie adoption spread.

>>	Anonymous Tue May 15 14:54:16 2018 No.9447107 >>9447042 Whoa dude... rational thought isn't allowed here.

Anonymous Tue May 15 14:54:24 2018 No.9447112

>>9446941
I dont trust banks and thats why i dont trust in gold. As far as you trust you central bank to not hyperinflate or just print money as they want, fine. Blockchain is trust without a third centralized party. Bitcoin will never be a store of value, i just want to receive my salary not on my bank account, i want it somewhere on my own wallet, on my ledger or similiar. Pay contactless etc.

>>	Anonymous Tue May 15 15:02:10 2018 No.9447267 >>9446864 >people selling gold for bitcoin is evidence that bitcoin is worthless

Anonymous Tue May 15 15:11:00 2018 No.9447422

>>9447267
M8 first of all it was a joke, I just noticed the site had the option to pay with crypto which I thought was kind of cool

Also, it's the opposite of what you said. In this case people would be selling their btc in order to buy physical gold bars.

Im trying to buy some gold bars, using Fiat though. Not spending my bitcoins on it because that might turn out to be a really bad idea. Already made that mistake once by buying a watch from my friend many many months ago using ETH. It was supposed to be a 170 dollar watch, now it's like a 700 dollar watch lol

>>	Anonymous Tue May 15 15:12:01 2018 No.9447445 >>9443336 kek

>>	Anonymous Tue May 15 15:13:23 2018 No.9447470 im shorting this since yesterday on 1broker.cc i likterally make btc from gold. get fucked boomers

>>	Anonymous Tue May 15 15:16:24 2018 No.9447536 >>9445595 Boomer cope

Anonymous Tue May 15 15:55:48 2018 No.9448323

>>9446741
>Gold is the standard. Gold can not hyperinflate. Dollars will, and you'll be wishing you had some then
Read up on roman history about minting. Gold didnt provide stability and value to the empire. there were successive economic crisis that required devaluations of the currency. To goldbugs:

How do you prevent hoarding and thus prevent a draw down on circulating supply and causing a need for devaluation?

What do you do when the government outlaws gold possession like they did in the Great Depression?

>>	Anonymous Tue May 15 16:00:32 2018 No.9448417 >>9448323 What will you do when the government bans Bitcoin? Many governments around the world already have.

>>	Anonymous Tue May 15 16:02:12 2018 No.9448451 >>9448417 >ban internet

>>	Anonymous Tue May 15 16:02:18 2018 No.9448455 File: 520 KB, 1920x1080, full1.jpg [View same] [iqdb] [saucenao] [google] >>9443454 Bullets will be the new currency.

>>	Anonymous Tue May 15 16:03:00 2018 No.9448468 File: 187 KB, 800x600, gesrgsdrgrd.jpg [View same] [iqdb] [saucenao] [google] >>9448417 >banning internet memes If they could, they would have a long time ago. Same reason they couldn't ban rare Pepes.

>>	Anonymous Tue May 15 16:03:32 2018 No.9448480 >>9448455 This Metro? Is the new one out?

>>	Anonymous Tue May 15 16:09:32 2018 No.9448592 >>9443751 follow the trillions

>>	Anonymous Tue May 15 16:10:06 2018 No.9448603 >>9443309 That's the bcash chart you dipshit

Anonymous Tue May 15 16:11:43 2018 No.9448634

>>9448451
>>9448468
But they have your names and contact info when you registered accounts with exchanges.

I could use the same argument for gold, no one really knows I have it except for the gold shop I bought from. Many of them don't register with the government and if I paid in cash, It's pretty close to anonymous.

Anonymous Tue May 15 16:12:17 2018 No.9448646

>>9444078
gold is literally worse than copper in anything but surface quality

it conducts less (higher electrical and thermal resistance), so carries less current
it melts easier, so carries less current
it's softer, so a thin wire breaks easier

its only value is in an as-thin-as-possible coating of contact surfaces to prevent oxidation, an application where it costs a few cents

Anonymous Tue May 15 16:14:40 2018 No.9448691

>>9448634
As far as I know there are requirements on KYC for gold purchasing. That doesn't exist in crypto. There are many avenues to acquire crypto anonymously as well as cryptos that specialize in anonymity.

Further there are methods that make it basically impossible to seize crypto.

>>	Anonymous Tue May 15 16:21:15 2018 No.9448806 >>9448480 didn't know a new one is coming, the image is from Metro: Last Light (2013). not in-game i think but maybe?

>>	Anonymous Tue May 15 16:24:12 2018 No.9448871 File: 207 KB, 460x640, 17401a.jpg [View same] [iqdb] [saucenao] [google] >>9444965 You have an understanding of the mechanisms of economy equivalent to an 8-year old. You must be a Libertarian.

>>	Anonymous Tue May 15 16:27:44 2018 No.9448961 >>9446467 >A big enough solar flare or a world war could mark the end of crypto Thanks for showing that you don't know how Blockchain works, what a retard.

>>	Anonymous Tue May 15 16:32:27 2018 No.9449047 >>9443309 >GOLD IS CRASHING GOLD? What coin is that? Link to the whitepaper?

>>	Anonymous Tue May 15 16:33:21 2018 No.9449067 >>9443380 kek

>>	Anonymous Tue May 15 16:35:08 2018 No.9449091 File: 83 KB, 1024x595, IMG_9732.jpg [View same] [iqdb] [saucenao] [google] I don't see any value in gold. Bitcoin is even more abstract. You guys are brainwashed.

>>	Anonymous Tue May 15 16:36:32 2018 No.9449120 >>9444501 >He buys when everything goes up >Sells when everything is down

Anonymous Tue May 15 16:39:00 2018 No.9449156

This entire "gold vs. crypto" debate is moot on the point of anonymity. Ultimately, to actually SPEND the money, you have to cash out through KYC-compliant means. You can spend small amounts on daily expenses without doing so, but that is the limit of it. If you have any serious amount of money in either gold or crypto, you will need to go through a KYC-complaint institution to move capital from one of those two things to another investment.

Anonymous Tue May 15 16:42:21 2018 No.9449223

>>9443522
what kind of retarded reply is that? the screenshot is obviously unnecessarily enlarged from the original res, and as a result blurry as hell and unnecessarily large file size.

the original res probably was more like 500x762 and if OP had kept it at that, or whatever the original was, then it would've looked crystal clear and only at few hundred kb at most.

>>	Anonymous Tue May 15 16:47:21 2018 No.9449297 File: 1.47 MB, 10000x1534, wtf lol.jpg [View same] [iqdb] [saucenao] [google] >>9449223 op basically did this (see pic for example)... why the fuck would anyone intentionally fuck a screenshot up like that? just to be annoying or what? no logic.

>>	Anonymous Tue May 15 16:49:59 2018 No.9449349 File: 24 KB, 444x538, retarded.png [View same] [iqdb] [saucenao] [google] >>9449297

>>	Anonymous Tue May 15 17:12:01 2018 No.9449697 File: 8 KB, 509x619, 8e8.png [View same] [iqdb] [saucenao] [google] >>9449047 >it doesn't even have a whitepaper

>>	Anonymous Tue May 15 17:13:18 2018 No.9449722 >>9449697 must be a scam

>>	Anonymous Tue May 15 17:15:11 2018 No.9449755 File: 181 KB, 1024x768, 1522163088388.jpg [View same] [iqdb] [saucenao] [google] >>9449297

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