[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 89 KB, 1000x600, gold-silver-ratio.jpg [View same] [iqdb] [saucenao] [google]
16827375 No.16827375 [Reply] [Original]

>> No.16827441

>>16827375
You shouldn’t. Look at buffet, he held silver when it was undervalued for a while, but never gold.

>> No.16827452

100-500% gains vs 85% loss

>> No.16827527

>>16827375
Stocks are great until they’re not.

>> No.16827558

>>16827375
Depens on how much money you have. What's your budget?

>> No.16827937

>>16827375
>why should i buy something at its bottom when i can buy something at its top

Brilliant.

>> No.16827959

>>16827527
because gold never crashes
-looks at historical chart-
oh... Yeah go with stocks OP

>> No.16827971

>>16827375
2016 part B
>stocks
Dude newfag gtfo

>> No.16827999
File: 62 KB, 884x578, goldhistorical.png [View same] [iqdb] [saucenao] [google]
16827999

30 year bear markets are so cool, great investment!

>> No.16828933

>>16827999
So you're saying I should buy silver instead of stocks or gold?

>> No.16828962
File: 630 KB, 1674x2046, f2ui4bf8sa9.jpg [View same] [iqdb] [saucenao] [google]
16828962

>>16827375
Can we make this a PM porn thread?

>> No.16828969
File: 2.55 MB, 3024x4032, kasjfubiubefie.jpg [View same] [iqdb] [saucenao] [google]
16828969

>> No.16828980
File: 653 KB, 1536x2048, afuybq37edq38dj.jpg [View same] [iqdb] [saucenao] [google]
16828980

>> No.16828989
File: 913 KB, 2272x1704, 1567626038513.jpg [View same] [iqdb] [saucenao] [google]
16828989

>> No.16828993

Because rappers dont wrap stocks around their necks, yet.

>> No.16829004
File: 2.10 MB, 3024x4032, onx3unr9283n.jpg [View same] [iqdb] [saucenao] [google]
16829004

>> No.16829032
File: 1.74 MB, 2976x3113, o2zi3ndo23ms2.jpg [View same] [iqdb] [saucenao] [google]
16829032

>> No.16829047
File: 439 KB, 1538x2046, asoufnasu8f.jpg [View same] [iqdb] [saucenao] [google]
16829047

>> No.16829055

>>16827937
/thread

>> No.16829070
File: 367 KB, 2736x3648, 1561870772774.jpg [View same] [iqdb] [saucenao] [google]
16829070

>> No.16829081
File: 591 KB, 1920x1892, o23din928s329.jpg [View same] [iqdb] [saucenao] [google]
16829081

>> No.16829090

>>16827999
now add inflation to that chart

>> No.16829093
File: 778 KB, 2016x1514, aksufbiusabif.jpg [View same] [iqdb] [saucenao] [google]
16829093

>> No.16829104
File: 2.65 MB, 3024x4032, oaufnaos8fh3.jpg [View same] [iqdb] [saucenao] [google]
16829104

>> No.16829112
File: 920 KB, 3255x1555, 156187072352.jpg [View same] [iqdb] [saucenao] [google]
16829112

>> No.16829115

>>16827999
Checked. Now do buying power of an ounce of gold. I hear people my age say they need 1.5mil to retire. Looking at the purchasing power of a dollar trend, I'll need 10mil. Or 50oz of gold.

>> No.16829130
File: 2.41 MB, 3264x2448, 20200109_192957.jpg [View same] [iqdb] [saucenao] [google]
16829130

>> No.16829136
File: 1.85 MB, 3676x3024, 2pdzm2309dk2.jpg [View same] [iqdb] [saucenao] [google]
16829136

>> No.16829142
File: 2.16 MB, 3264x2448, 20191224_130150.jpg [View same] [iqdb] [saucenao] [google]
16829142

>> No.16829159
File: 1.77 MB, 3264x2448, 20200112_161007.jpg [View same] [iqdb] [saucenao] [google]
16829159

>>16829142
I only have .5 oz of gold :(

>> No.16829176

>>16829136
What is your address? Or do you want me to find your house the easy way?

>> No.16829180
File: 745 KB, 1536x2048, wn9ed928ej9s.jpg [View same] [iqdb] [saucenao] [google]
16829180

>>16829159
Most people have none.

>> No.16829187

>>16827375
Because when the dollar gets inflated the price of Gold and Silver goes up.
Fundamentally the reason to invest in PMs is if you think the Fed and the Federal Govt are going to keep inflating the dollar.
I do, that's why I'm bullish on it. If you don't think they will, it's probably not a good bet.

>> No.16829188

>>16829180
How do you have so much?!?!?

>> No.16829192
File: 95 KB, 640x450, 2389wefh9we8.jpg [View same] [iqdb] [saucenao] [google]
16829192

>>16829176
none of this is mine. But if you wanna find me good luck surviving.

>> No.16829205

>>16827375
Stock have outperformed pm by fucking orders of magnitude. PMs are a hedge, and a very uninteresting hedge at that.

>> No.16829213

>>16829192
Lmao then why do you have so many pictures of other people's gold?

>> No.16829220
File: 826 KB, 2262x2262, o32fun2ozdi2zm3.jpg [View same] [iqdb] [saucenao] [google]
16829220

>>16829213
It makes me hard

>> No.16829228

>>16827375
Gold is money,
Everything else is credit.

>> No.16829236

>>16829213
People post their stacks all the time on the reddit silverbugs threads.

>> No.16829271

>>16829220
>>16829236
Fair enough, they are nice photos, I don't blame you, thanks for posting them, i don't get to see enough precious metals porn.

>> No.16829339

>>16829205
that's called hyperinflation dipshit

>> No.16829354

>>16829090
anon... thats inflation adjusted

>> No.16829358

>>16829220
lmao who keeps their eagles loose in a bucket like that?

>> No.16829374

>>16829358
People with no respect

>> No.16829895

>>16829205
Market has been inflated to levels that will probably cause a depression if it goes any further.

>> No.16830333

>>16829047
>copper

Literally why.

>> No.16830349
File: 2.35 MB, 4595x2541, IMG_20191026_150229_0.jpg [View same] [iqdb] [saucenao] [google]
16830349

R8 my stack m8s.

>> No.16830366
File: 12 KB, 216x215, D388232D-EC48-4839-AEDE-55E64F606008.jpg [View same] [iqdb] [saucenao] [google]
16830366

newfag. silver or chainlink?

>> No.16830401
File: 198 KB, 309x398, PippinBoyd.png [View same] [iqdb] [saucenao] [google]
16830401

>>16827375
how about you diversify your investments you fucking fruit

>> No.16830478

>>16830349
0/10. Why arent the safes bolted to the floor you faggot?

>> No.16830524
File: 112 KB, 640x480, CC2B2869-5579-479B-9943-C67938F6CF53.jpg [View same] [iqdb] [saucenao] [google]
16830524

>>16828962
It’s humble but it’s mine

>> No.16830750

>>16830478
Because hiding money is better than bolting it down in plain sight.

I have one safe in the open with only a few ounces in it and a lot of useless weight in it. Thieves will spend their time on a red herring.

>> No.16830770

>>16830750
Dig a hole in your backyard and burry it anon.

>> No.16830773

>>16827375
stocks are at an ATH

>> No.16830814

>>16830524
Are you in Australia?

>> No.16830996

>>16827375
Because people think it’ll be worth something in a post apocalyptic hell world. If you really want to be prepped for that, stock up on non perishable food and ammo, learn to hunt and farm, and put a team together with at least a doctor and tradesperson in it. Don’t forget skills like cooking and sewing, either; your community needs to be self-sufficient

>> No.16831000

>>16830996
Also just about anyone who buys gold is looking to rip you off and resell for more

>> No.16831172

>>16830996
Nobody buys it for a post apocalyptic world. They use it to preserve their wealth in a world of endless money printing.

If you think the governments of the world will stop printing money, don't buy gold.

>> No.16831192

>>16830996
Dumbass

>> No.16831479
File: 69 KB, 640x480, 2140A574-A184-4FC1-A5AF-FECE37C282C8.jpg [View same] [iqdb] [saucenao] [google]
16831479

>>16830996
Impossibru!!

>> No.16831483

>>16828989
Holy shit, I’d COOOOOM.

>> No.16831499

>>16828989
just put a few of them into your backpack. no one would see lol.

>> No.16831579

>>16830996
it's because of periods of hyperinflation. It usually only lasts a few months, but you still need something to hold you over.

https://youtu.be/79RByhdKUk8

>> No.16831605

>Future tech requires silver
>Miners abandoning mines because silver isn't profitable enough currently shortening supply
>The dollar going down the shit hole
>there is a huge gap in the value of gold and silver.

>> No.16831664

>>16827375
Precious metals should not be the majority of your portfolio but they appreciate value better than bonds, CDs, money markets, or even high yield savings accounts. Most importantly they are a physical store of value which means asset class diversification. You do not get rich on precious metals, you stay rich on them and you pass them onto your children so that they accumulate and continue generational wealth while maintaining all of your other assets long after you die.

>> No.16831670

>>16827375
counter-party risk

>> No.16831674
File: 50 KB, 400x400, s-l400.jpg [View same] [iqdb] [saucenao] [google]
16831674

>>16830996
>This meme again
We are living in a time where you can attain the wealth of a king as a wagie. Unless you live in Europe Silver and Gold are a peaceful unit of trade. I own a massive amount of farmland and I am not going to waste my time going through a catalog of shit to find something I need to trade for I will just ask for silver quarters or dimes.

>> No.16831781

>>16827959
>because gold never crashes
In 2008 it crashed

>> No.16831802
File: 117 KB, 788x588, Lfz641C.png [View same] [iqdb] [saucenao] [google]
16831802

>>16827375
Because you want to "store value" instead of growing it.

>> No.16831837
File: 2.81 MB, 400x222, 384.gif [View same] [iqdb] [saucenao] [google]
16831837

>>16831781
>crash
A big dip at most, and very temporarily. Precious metals never """""""crash""""" like other assets and stocks.

>> No.16831859

>>16831802
I don't really trust charts anymore because the numbers have been so manipulated and diluted in the past 100 years because of the FED. Anything after 1971 is just absolute bullshit lying.
>>16831781
Because it was just a housing bubble, this next time around in this artificial business cycle will result in a crisis in ALL fundamentals, not just debts and currency. I see zero risk in buying PM's and a ton of risk in everything else.

>> No.16831871

>>16831781
>>16831837
Okay actually got my lazy ass to look at the price chart and in 2008 Gold didn't lose much value at all to be close to being called a crash.

Silver did drop a lot in 2008 but for only a short time before it literally mooned.

>> No.16831900

>>16831000
Retarded trips
>rip you off
Then don’t sell it cuck. If you think it’ll be worth more then why sell? Oh bc you’re a pussy and will take a deal even if you feel like you’re being ripped off

>> No.16831958

>>16831859
What's there to trust? With stocks, you're literally making taking profits off of other people's labour. Gold just sits there.
Do you seriously think there are people out there making misleading charts to trick you out of your gold gains?
Nevermind, I reread your comment. You sound like a conspiracy theorist.

>> No.16832036

What’s the downside to buying silver? Explain to me cucks

>> No.16832202
File: 3.49 MB, 4000x3000, IMG_0423.jpg [View same] [iqdb] [saucenao] [google]
16832202

Silver

>> No.16832234

>>16832036
opportunity costs of not buying something else
premium and shipping for not buying in bulk at once.

>> No.16832275

>>16831958
>You sound like a conspiracy theorist.
If you believe that clown world is a thing, then that would mean that conspiracies are truth.

>> No.16832290

>>16831859
>this artificial business cycle will result in a crisis in ALL fundamentals
why in all fundamentals?
>>16831871
>Gold didn't lose much value at all
but it lost value. Shouldn't it be a safe heaven against recessions?

>> No.16832298

I keep an eye out for junk silver in my europoor country to throw 10% of my paycheck on. Sadly i'm not in the US to collect them sweet constitutional coins and I refuse to get dumped on by buying (((bullion))) coins so it's incredibly hard. Will I make it?

>> No.16832344
File: 332 KB, 720x720, 1564620607663.png [View same] [iqdb] [saucenao] [google]
16832344

>>16832298
Absolutely.

>> No.16832398

>>16832290
"crash" imply a total collapse. Gold will always be at least somewhat valuable. It also went up anyways

>> No.16832763

>>16831958
> literally taking profits off of other people's labor
The funny thing is that if everyone invested in the stock market then everyone would profit from each other's labor.

>> No.16832806

>>16829895
Seriously. It's not healthy to not have a stock market correction every once in a while. They're like fires in a forest clearing out the dead wood so the new stuff can grow. Too many shitty companies buying their own stock. It's unsustainable and will feel like a depression when it does hit.

>> No.16832809

>>16832290
>all other bags lost 50-85% value
>Gold only loses 5%
BRoOOOOOOOOOO ITS NOT StABLe

>> No.16832824

>>16832806
Stocks going up or down is not the same thing as gold going up or down.

They key is to cash out stocks before market implosion/currency crisis and put that jew paper into a real store of value and real asset like gold.

THAT is how you make it owning gold. Getting in before the currency reset. As long as we are in the fiat paradigm gold is simply an inflation saver.

>> No.16832834

>>16832290
>but it lost value. Shouldn't it be a safe heaven against recessions?

A gold ounce 900 years ago is still that same ounce of gold today. Doesnt matter if the dollar exists or not. The dollar value of gold is absolutely meaningless, since the entire point of buying gold is so you have money and wealth for when fiat collapses and the deflationary collapse of all asset prices.

>> No.16832841

>>16832290
Lots of sell off due to an urgent need to dump everything to raise capital for margin calls.

>> No.16833072

>>16832398
>It also went up anyways
stocs also went up anyway and they made mre than gold n returns
>>16832834
>when fiat collapses
it won't happen in your life time
>>16832824
>Getting in before the currency reset
who tells you it will happen a currency reset?

>> No.16833080

>>16833072
> It won't happen in your lifetime
Then pass it onto future generations until it does. If I am dead and they fuck it up then I did my best.

>> No.16833254

>>16829220
>the chad bucket hoarder
>the virgin deposit box

>> No.16833279

>>16830996
What a fucking brainlet r*ddit take. people buy gold as a hedge against hyperinflation, not because of the apocalypse.

>> No.16833318

>>16833279
Well, the ones with their heads on straight anyway.

>> No.16833400

>>16830349
8/10 you will be an oil baron soon
>>16831802
Except gold outperformed dow the last 2 years and the last 2 decades, nice try schlomo
>>16832036
Nothing it literally cannot go down only up, unironically your only regret will not be buying more of it. Just sit back keep stacking and wait for the market makers to flip the switch on this shit
>>16833072
https://www.longtermtrends.net/stocks-vs-gold-comparison/
Gold and silver outperformed stocks past 2 decades
Past 2 years gold outperformed dow

>> No.16833414

>>16833400
What are your sources? Silver stacker, gradual gold stacker here.

>> No.16833542

>>16833414
>sources?
On what? The performance record of gold and silver? Thats admitted info

On the silver moon mission? I got guys inside the federal reserve among other private banks who spoonfeed me insider info because of my past work. Silver is the most valuable commodity in the galaxy and in any galaxy for that matter. Jews and their royal family overlords know this, hence the admitted price suppression and accumulation. They could flip the switch tomorrow and pump this to unfathomable heights. Futures derivatives, once longs demand delivery its over. Apple will price in and the rest will follow suit, then after that prices will so so astronomically high they inevitably take over pretty much everything that they don’t already own right now, because these companies will be beholden to the physical supply and not pixels on a screen, therefore cannot even make a product to sell without it. 99 year lease type of shit. Don’t like our new changes? We wont sell you any silver. Effectively outright owning any industry that produces anything of value through ultimatums. On a broader scope, everything that has ever happened and anything the subservients know is by design, no coincidences. They have taken over the miners and the physical supply on purpose, to ensure they are the gatekeepers of the future.
No future tech without silver.
No future without the jews/royal families.
Guaranteed victory.

>> No.16833699

>>16833400
>Gold and silver outperformed stocks past 2 decades
no they don't you goldfag
If you consider stoc marcet since '70 years

>> No.16833701

>>16833542
>hence the admitted price suppression and accumulation
when they admitted this? In your mind?
Silver is not scarse as gold. Price increase mining cost increase = price will decrease again

>> No.16833714

>>16833542
Silver will dump heavily like a real rock in the upcoming recession due to the industrial demand decrease in recessions. Good luck with you most valueable rock.

>> No.16833725

>>16833542
>once longs demand delivery its over
>>16833542
>No future tech without silver.
aren't you scared of possibly new materials that could be used instead of silver in the tech industry?
No polemic just asking

>> No.16833788

> no they don't you goldfag, If you consider stoc marcet since '70 years
kek thats why i said past 2 decades and not since the 70s. If you bought gold or silver 20 years ago you made better gains than stocks. Stop antishilling so hard, when you dispute straight up facts and subvert the point by creating your own irrelevant point you just BTFO yourself.
>>16833701
>when have they admitted this?
https://www.financemagnates.com/institutional-forex/regulation/ex-jp-morgan-trader-pleads-guilty-to-metals-spoofing-wire-fraud/

https://www.bloomberg.com/news/articles/2019-09-16/precious-metals-traders-charged-with-rigging-futures-contracts
kek failed antishill
>>16833701
Good dont buy any brainlet, buy ATH stocks, new ATH of the crypto ponzi or ATH real estate or bonds which literally bleed money, those will surely outperform money in a recession kek
>>16833725
The MOST electrically conductive and thermally conductive element. Who just added a new element to the periodic table? Was it you?

>> No.16833793

>>16830773
so what? every year in the last 7 years stocks were at an ATH that didnt stop them from making new all time highs
Ath is a meme people use in retrospect to pretend they are soo smart because they knew all along.

>> No.16833817

>>16833714
>Good dont buy any brainlet, buy ATH stocks, new ATH of the crypto ponzi or ATH real estate or bonds which literally bleed money, those will surely outperform money in a recession kek
Meant for you
>>16833701
Accumulation is admitted i wont even provide links for that one
>Silver is not scarse as gold.
No shit, nice strawman though

>Price increase mining cost increase = price will decrease again
What the hell?
>Silver price goes up
>mining costs go up
>= price will decrease again
Kek what kind of ESL shill am i dealing with here? That make no sense, price is entirely dependent on the futures market, not the mining operating costs, sounds like you think the miners determine the price, holy shit

>> No.16833833

>>16833788
>The MOST electrically conductive and thermally conductive element.
until it oxidizes, which takes like 10 seconds
there's a good reason gold and copper are more commonly used

>> No.16833899
File: 66 KB, 800x533, F31D85C1-A6AD-4D04-AF95-2F8F2893C66F.jpg [View same] [iqdb] [saucenao] [google]
16833899

>>16833833
>until it oxidizes
>in 10 seconds
>you cannot restore it
Weakest silver fud ive ever seen, go back to asteroid mining
>>16833793
ATH is not a meme its literally buying the top, sure if you are holding an index 20+ years and can hold that long it doesnt matter because it will almost always make a higher top than your buy in at a previous ATH, but for anything else other than indexes which are extremely low risk, buying the top is braindead tier because waiting for a price below the current ATH is essentially guaranteed in all cases, including indexes.
If you think DOW will never go below 26,000, fucking hell

>> No.16834019

>>16833899
schizo anon what about a one world currency/cashless society?
How is gold and silver going to replace the dollar, when country's are already preferring convenient digital payments i.e debit/credit?

Like it would be really cool if we did go back to a gold/silver currency and I want it to happen, but everything is pointing to digital nwo shit.

>> No.16834243

>>16831859
>this next time around in this artificial business cycle
Aka another dotcom 2001 bubble.
>Muh self driving cars
>AI! Spooky!!
>Automation
>We're going to Mars!!
Meanwhile, in actuality, look at the 2020 CES. The top product? A onions burger that's supposed to taste like pork.

>> No.16834257

>>16833899
>If you think DOW will never go below 26,000, fucking hell
I'm so fucking ready.
I look around and all I see are 20-year old kids wrapping themselves in debt to buy fancy cars and insanely priced houses because of FOMO and 'its the new norm'.
Meanwhile, nobody else steps up and says a 25 year old kid making $50K shouldn't be spending $350K on a house.
All while CEOs bail on companies who are beginning layoffs in preparation for the next recession, while the Fed is propping up the economy at ATH.

>> No.16834278

>>16833788
>The MOST electrically conductive and thermally conductive element
grpahene or MAXENE

>> No.16834289

>>16834257
>ody else steps up and says a 25 year old kid making $50K shouldn't be spending $350K on a house.
I see nothing strange here....$50K per year

>> No.16834292

>>16832290
>but it lost value. Shouldn't it be a safe heaven against recessions?

It is a safe haven, It may dip because it's hedged to the dollar but gold has never in history been beaten by any paper currency. The point of gold isn't to make profit off it anyways, to view it as an investment rather than a store of wealth is foolish. Yea you CAN and WILL make money off it due to the nature of gold and it always beating inflation. It may seem like gold/silver does bad for a couple of years, but it always bounces back because of its inherent value and always outperforms the dollar. Proof of this is history. In 1920 if you had a million dollars and held on to it, That million would still be 1 million purchasing power, even though 1 million dollars equates to 12 million purchasing power today you would still have 1 million dollars. In comparison, If you bought 1 million dollars of gold in 1920 it would be worth around 12 million in todays economy roughly. Your money goes to waste when you keep it in fiat. Never keep your money in fiat unless you plan to spend it within a 2 year period for whatever reason.

>> No.16834302

>>16834019
>How is gold and silver going to replace the dollar

gold/silver will most likely never replace the dollar, infact the dollar will probably be replaced digitally. Any paper currency has never beat gold or silver ever.

>> No.16834308

>>16834257
Medium to long term the value of real estate wont go down. Furthmore with the fucking cheap interests right now, it makes perfect sense to buy real estate. Paying the same amount in rent or mortgage is a huge win.

>> No.16834319

>>16829188
A gold bar is roughly 48K USD, plenty of people especially boomers have enough to buy a couple kilos. Owning kilo bars is probably the best think you can do with your money besides real estate and investing.
https://www.apmex.com/product/80049/1-kilo-gold-bar-apmex-in-capsule

Funny enough APMEX is out of stock right now because people probably thought WW3 was going to star.

>> No.16834368

>>16834289
>I see nothing strange here....$50K per year
$50K post tax per month is $3,125. The traditional rule of thumb was 1/4 of your paycheck should go to housing, which would be $800, or a $130K mortgage.
This is nearly 3X that amount. If you need a new car or roof or want to save for retirement, at some point in the next 30 years, you're fucked.
>>16834308
I'm well aware of that, but the housing market has popped around 30% in the last 5 years while wages have remained stagnant. That eats up the ratio of your paycheck you can spend on housing. It has become horribly unbalanced.

>> No.16834435

>>16834368
It’s unbalanced from all the 22 million illegals in the US taking cheap housing. Simple supply and demand.

>> No.16834440

>>16834302
A stable coin issued on oil reserves, gold and Bitcoin.

>> No.16834474
File: 14 KB, 388x130, images.jpg [View same] [iqdb] [saucenao] [google]
16834474

>>16834435
I'm skeptical of that. I see new condos and apartments being thrown up on every corner of my city, but I don't see a single new person. I don't have any longer waits in stores, don't see any new faces, and don't have a longer daily commute. The city's official stats are actually decreasing.
I think it's just stupid money in a stupid poker game of 'hot real estate' because there's free money due to low interest rates and higher ROI from the stock market.
I remember 2008. Real estate was hot, then hotter, then insanely hot, then nobody wanted anything to do with it. A lot like Beanie Babies. It's just a game of musical chairs to see who is left holding the bag.

>> No.16834490

>>16834474
Where do you live? I live in Amish and Mennonite country. 15 years ago we didn’t know what spics looked like. Now you see them everywhere, littering all over the place. They have taken all the cheap housing. It’s 100% the case where I live.

>> No.16834512
File: 22 KB, 590x347, DJIA-1900.png [View same] [iqdb] [saucenao] [google]
16834512

because the stock market is a repeating ponzi scheme that has zero long term return against gold

>>16827999
reminder this graph is nothing but a lie
the price of the usd was pegged at 1/20th an ounce until 1933 then at 1/35th an ounce till 1971

>> No.16834514
File: 1.22 MB, 2518x1024, Virgindepositvschadbucket.png [View same] [iqdb] [saucenao] [google]
16834514

>>16834440
Yea, that would be cool. Although I definitely see the future of finance being digital. Digital finance makes sense, Money needs an overhaul asap but gold will always be king.

>> No.16834530

>>16834512
> dj could hit 2000g if gold.


Just bought 100k

>> No.16834549

>>16834512
>because the stock market is a repeating ponzi scheme that has zero long term return against gold
it has an average of 7% per year
it's isn't a ponzi..it's tied to the economy of a country... so if USA do better for other yers you will do better too
The only case in which gold will outperform stoncs is depression which is not the case. It's a doomery ''dream''

>> No.16834550

>>16834530
op asked why you shouldn't

but yeah wouldn't be surprised dow 1000g 2023

>> No.16834561
File: 87 KB, 640x480, 594a724c9f85a742.jpg [View same] [iqdb] [saucenao] [google]
16834561

>>16834490
A larger Indiana/Kentucky city, so probably not that terribly far away. They've been around for awhile here - what I'm seeing is a shakeup of locations and perceived value.
Call it gentrification if you want, or perhaps a generation shift - basically new kids deciding what's hip and 'cool' and willing to pay a premium for marketing bullshit.
You know, those 'luxury' apartments that's quickly thrown together crap, a pool table, brain-dead background music, and a very, very luxury price tag.

>> No.16834642

>>16834549
did you even look at the graph >>16834512 it will go back to 50grams

a stock is a voting right coupon sometimes with dividends https://youtu.be/6reB2iMmmEg
profit from stocks have nothing to do with the economy.

>> No.16834657

>>16834512
So rn it is around 600g. Will it go up or down? 50:50

>> No.16834689

>>16834561
Gentrification is a meme anon and you aren’t incorrect. They make a shit area “white” while destroying the rest of the city. Look at Philly. They cleaned up Fishtown to let the rest of the city get destroyed by left wing policies. People who work aren’t safe to live in any place but gentrification areas. It’s all part of the plan

>> No.16834707

>>16834689
Yes, and I'm starting to see it's just smoke and mirrors and temporary.
They clean up a shit hole, sucker people into paying a massive premium, then it collapses as druggies and theft creeps back in.
That's my concern with these 'luxury' apartments being put up on every corner. In 10 years time they're going to be written off as drug dens.

>> No.16834751

>>16834707
I have 2 sanctuary cities within 30 minutes of my house. This is 100% the plan. Gold guns and ammo.

>> No.16834805

>>16834751
It's a sick plot of simultaneous Section 8 housing and racial integration.
Happy Monday, anon.

>> No.16834834

>>16834805
I work out of my spare bedroom on 12 acres. I’m comfy. City folks not so much.

>> No.16834895

>>16834834
Next correction I'm hoping to be able to say the same thing. Best wishes, anon.

>> No.16835622

>>16831674
What's the amount of gold and silver that would be considered the wealth of a king?

>> No.16835732

>>16834834
Do you live in SE PA?

>> No.16836040
File: 132 KB, 1266x720, habbening1.jpg [View same] [iqdb] [saucenao] [google]
16836040

>>16827375
PETRODOLLAR MAXIMUM HAPPENING!
MASSIVE FINANCIAL / GEOPOLITICAL RED PILL THREAD HERE FAGGOTS!
>>16825872

Read all of OP's posts and ignore shills!
ITS OVER FOR THE JEWS AND BURGERS!

>> No.16836049

>>16835732
lol i do

>> No.16836106

>>16836040
Nothing ever happens.

>> No.16836367

>>16836049
Berks county checking in. I find myself in Lancaster and Lebanon often.

>> No.16836572

>>16836367
I am between Allentown and Philly. It sure is getting less white every day.

>> No.16836631

>>16830814
No, I’m just not a clever man

>> No.16836786

>>16836040
>>>/x/

>> No.16837082

Does anyone here think that the crypto fags will bail out of Bitcoin and into gold in the near future? I foresee this happening in less than two years.

>> No.16837424

>>16836572
Quaktertown area? I've noticed big influx of Pajeets and Hispanics in Lansdale area.

>> No.16837437

>>16827375
Buy BTC instead.
With Algorand's ASAs you'll be sure to find gold on there by next year anyway.

>> No.16837469

>>16836572
Based South Bethlehem and its mexican outpost.

>> No.16837509

>>16837424
Generally anon. Lansdale always had pajeets. They honestly don't bother me. The spics though are out of control. Q-Mart use to be the epitome of white trash. Now all spics also.
>>16837469
Nothing based about South Bethlehem except rich white Lehigh girls.

>> No.16837602

>>16829354
now adjust it by the real rate of inflation

>> No.16837647

>>16835622
100.000 pounds. https://en.wikipedia.org/wiki/Richard_I_of_England that´s what his ransom was.

or: 1.2 milion ounzes of silver, or 22 Mio USD current price.

If in gold: a sovereign was worth 1 pound, so 100,000 sovereigns = 37.55 Mio USD... oh look, there we can see how undervalued silver is in comparison to gold.

>> No.16837733

>>16837647
Or overvalued. Lmao

>> No.16837821

I am doing well. You have to get off this stocks sucks buy bitcoin; or bitcoin is garbage buy stocks. Stocks are risky get ETF's. Gold is overvalued get Silver.

Follow a particular industry; tech is easiest and learn about mid and small sized up and coming caps to invest in. Follow bitcoin and buy before you think a looming swan is coming. Can you get pure gold or silver at a good price? With low premiums? Do you live in a decent sized city with Local coin shops and active PM buyers on kijiji? then go for precious metals. I am maybe 15% cash 70% stocks, 10% bitcoin and 5% gold.

Governments and banks stockpile GOLD; gold is used for wealth preservation. Silver is used for industry. Keeping silver cheap is better for the economy. Storing, transporting, securing, and auditing gold is 85 times easier than it is with silver. Everyone who rambles about the gold:silver ratio is retarded. The reason the ratio is so out of whack now is because a black swan has been building against the greenback for years and people are preparing. If the economy slows down demand for silver goes down. Check silver prices during the 2008 and 2001 crisis. You will not get rich off silver. You will not hedge against a collapse with silver. With gold you can hedge against a collapse. Rumour is that China is creating a digital currency backed by gold to compete with the greenback that will allow their vaults to be audited by world banks. Stay away from shit coins, and stay away from pharma stocks. Stay away from all stocks if you really think Trump is gonna lose 2020. Markets are based on emotion and right now the markets love trump.

>> No.16837825

>>16834019
>schizo anon what about a one world currency/cashless society?
>everything is pointing to digital nwo shit.
Precisely what I've been saying for years now
it will be cashless and the future of "money" is digital cryptocurrency
90% of $USD is already just numbers on a screen and not cash.
Hence the zerocash protocol, aka ZCASH will take over the entire market.
Bitcoin was just a beta test for ZCASH
2 different routes they could take, both in which silver moons.
ZCASH will merge with the federal reserve into a new type of money, which will all be PoS and not PoW near instant transactions. This currency will be backed by silver. All the worlds goverments might just adopt this, even china and russia and pool all their silver into the reserve. OR could be just USA but it will be the new standard, just like petrodollar currently is.
Gold and silver won't replace the dollar, it will all be merged into a NWO one world goverment digital currency backed by silver and perhaps gold, but from what I know now its silver.
protip: research amber baldet, its all in plain sight

>> No.16837862

>>16837509
Sorry for so many questions, I just get excited seeing anons here from the area I live. Pajeets don't bother me either, just noticing the general shifts. Developments of townhouses taking over all the farmland.

>> No.16837900

>>16837862
Grew up riding atvs on all the farm lands. Hundreds of acres we use to ride on. It is still there but surrounding farms have been turned into Ryan Homes commie centers.

>> No.16837903

>>16837821
wrong, its all suppressed through futures so market makers can accumulate not only more physical, but buy out the miners. Thinking of silver as only a hedge against a collapse is like thinking of a computer only as a way to send emails. Has nothing to do with supply and demand it is all manipulated through futures.

>> No.16838343

>>16837647
Nigga how the fuck am I gonna get 1.2 million oz. from waging

>> No.16838355

>>16837900
Do you know of any local legends where we can go hunt for treasure or old mines or something? I've heard legends of gold out near Indiantown Gap. Gold coins stashed from an old robber or something.

>> No.16838369

>>16838343
Shoulda went all in on Link and youd be able to buy that much soon.

>> No.16838373

>>16838343
Trade boomer stocks and ride the fiat wave while cashing out to buy some precious metals all along the way.

>> No.16838498
File: 88 KB, 604x516, 5834578348543.png [View same] [iqdb] [saucenao] [google]
16838498

>>16832344
thanks fren

>> No.16838508
File: 293 KB, 829x1457, NIGGER SILVER INC.jpg [View same] [iqdb] [saucenao] [google]
16838508

>>16838355
Join the mining company. Nice digits btw.

>> No.16838807

>>16838369
I'm poorfag and only have 1180 LINK and 75 oz. silver but definitely am in for the mining company

>> No.16839425

>>16837821
Gold compared to fiat is never overvalued if you plan to hold long term, like for retirement. You honestly can’t lose.

>> No.16839597

>>16827375
you should buy both actually

>> No.16840761

>>16834514

based and bucket-pilled

>> No.16841117

>>16830401
>gold
>silver
>platinum
>palladium
>rhodium
There, 5 diverse investments

>> No.16841131

>>16830750
I filled mine with chuckee cheese tokens

>> No.16841474

>>16841131
I have some tokens from an arcade that closed back in the 80's. You think they're worth anything?

>> No.16841490

>>16839597
this is the actual correct answer

>> No.16841695

Anyone know of a good coin shop in Delaware? I have only found one halfway decent one that is in Dover. I can't understand why there isn't several giant ones there because of the tax situation in Delaware and all the states surrounding it.

>> No.16841876
File: 85 KB, 1280x720, 1565738718641.jpg [View same] [iqdb] [saucenao] [google]
16841876

>>16827375
Neither, buy BRAP