/biz/ - Business & Finance

>>19565017
Inflation hedge aside, you do agree that gold and silver are historically undervalued at the moment right? As part of a portfolio where one aims to buy what's cheap and sell what's expensive, I think it's a great option at the moment. For the pure play you can go into ETFs if you're not concerned with counterparty risks, physical is worth it to some people who do not trust HSBC if there is a significant global solvency event and the ETF holders are left high and dry as merely the "beneficial" owners as laid out in the prospectus.

I remember when people would make gold or silver threads and nobody fucking cared, couldn't even keep a thread alive. Proud of you guys

>>16628923
Unlike some of the people in these threads I am not against crypto, I hold a substantial amount. But I also know that when it comes to real hard money (not just currency) nothing holds a candle to precious metals. Investing in crypto carries substantial risk because it's so early, impossible to know which ones if any will succeed in the long run. Meanwhile gold and silver are proven forms of money since the dawn of civilization.

Both pmfags and cryptofags here can usually agree that the global fiat system is going to collapse. It died in 2008, all the major players are zombie firms, everyone is running on fumes. Only question is how best to position yourself, whether that's real estate, precious metals, cryptocurrency, cash, equities, bonds, etc.

>>16435931
Think again