/biz/ - Business & Finance

Hey lads, been considering something. I'm thinking of selling all my coin silver and buying bullion with the money. I've got 80 coins, ranging from 40% to sterling, with a total silver weight of 17.1 oz t. Thing is, they're worth WAY more than their melt value to collectors and my LCS. I can buy 25 oz t of bullion with what my LCS offered, probably more if I piece it out. Pull the trigger?

>>49845949
>>49846918
Unfortunately it is insane because these people oversee 11 billion dollars and the woke counts on SSRIs have completely taken over and it's becoming a feedback loop of depressed zombie cunts bringing down the average. I'm trying to get out before it gets worse but I think I'm just going to retire.
>>49846890
If/when we hit hyper-deflation the US will default on its sovereign debt. The amount of average citizens that will be defaulting on their loans this winter into summer will be at ATHs. There is no way out of the pit. It's over and anyone who thinks otherwise works at McDonald's.

Which one of you genius NEETS or brilliant wagies can tell me about buying a cashier's check from a gas station with my credit card so I can get the 3% cash back on my rent and save up for cocaine expenses? Or do they use a special charge account for the credit union to make sure people like me can't have nice things?

Anybody been keeping up with rare earth metals extraction in the US? 98% of that shit came in from CN, with escalations of the trade war and "serious" talks with Intel and TSM about stateside production I'm wondering if it'll be a good long, but I'm not particularly well informed immediately about the caveats in extraction from available ore deposits in the US.

>>18940914
Trade the gap?

>>18829508
I like SAND. Whoever recommended that has made me a reasonably large sum of money, and I'd like to thank him if he's still here.

>>18686372
I have more money than you lil nigga.

Here's a proposition.

Tracking Crude over the last couple weeks, a pattern is emerging: it opens relatively high, but dives sometime around 1400 exchange.

I'm under the, what is possibly fallacious, impression that oil has no option but to decline given the nature of its tangibility. And without proposing to destroy it in improbable volumes, I suspect that generally the decline in price will necessarily continue until practically countered by production cuts. At least, in this very short term. Considering the may contracts as well, I think this is probably solid logic.

In any case, if we're looking at DTO, a 2x Crude Bear, it tracks daily performance relatively well, but in particular always represents these troughs as magnificent peaks. What I'm seeing is, basically free money.

>>18052602

>>4962156

Dude if this isn't a wake up call for you to cash out and take a profit I don't know what is. If you got in when it was low and made a stupid profit off it awesome but you better be diversifying that portfolio while you can.

You want to keep some in on the off chance that it hits $20,000 fine; but if you've got a sizeable percentage of your wealth invested in something so volatile then you're just asking to get fucked when the (((big boys))) cash out and the normies start panic selling.

Bitcoin's price is driven by pure speculation there is no economic data driving anything just herd mentality psychology. Once (((they))) cash out the herd will panic and there will be no stopping the fall.