/biz/ - Business & Finance

When a stock goes up thats not the same thing as the dollar price of gold going up. A gold ounce is just simply real savings. The dollar value of gold is irrelevant...why would you be valuing gold in terms of dollars when it was gold that gave value to the dollar? You "make it" with gold during a currency crash/reset followed by a deflationary collapse of all asset prices and gold being re-valued to somewhere around 30k/oz to purge all the debt from the system.

Then that home that was once worth 500k is now worth 50k and 1.5 ounces of gold buys you the home.

All you are doing is converting your wealth from fraud worthless paper wealth into real savings and a real store of value. You don't buy gold at $1,500 and sell it at $3,000 because the entire point of buying gold is to have money and wealth for when the dollar implodes. Why would you sell at 3k for increasingly worthless fiat? You wait for gold to be re-valued overnight to anywhere between 20k-100k per ounce to purge all the debt from the system. And as little as 5 ounces of gold will "make it for you." But you say..."if I have 5 ounces of gold and it gets revalued to 40k/oz, then I have 200k which is hardly making it."

But what you dont realize is a gold re-valuation and collapse of the dollar will be followed by a deflationary collapse of all asset prices. So that 200k you have in gold would be similar to having 200k in the year 1970 when an avg home cost about $25,000.

And remember...with silver...a silver piece ths size of a silver dime used to be a days wage throughout history AND is even the case today in much of the world. When you hear a gook rice paddy farmer earning 2$ a day, that is actually in line with sane economic historical reality, since if that gook took that 2$ to a coin shop he could purchase a silver dime. Some asshole making 300$/day selling insurance is currently making the equivalent of 15 ounces of silver a day if he converted his daily pay into silver, which flies in the face of all historical economic reality and is only made possible because of inflation and the dollar being the world reserve currency. So effectively...1 ounce of silver will equal about 2 weeks worth of days wages post collapse since 14 silver dimes equals 1 ounce of silver.

You have 10 ounces of gold which is a decent sized stack but nothing crazy. SInce it only cost about 10-13k for you to get. There is an overnight gold re-valuation to ay 30k/oz to purge all the debt from the system. Ok, now you have 300k in gold. Big deal? You can 30x your money in some transexual themed shitcoin and 300k is hardly making it. But after the currency reset/dollar collapse....you have a deflationary collapse of all asset prices. So the cost of goods/services drops by 80% of whatever. So that 300k in gold you now have is basically like having 300k in the year 1970 or 1950 or whatever, which is obviously a shit ton more than having 300k in todays jew fiat paradigm.

All of you plebs dont realize that bitcoin doesnt solve the debt crisis. You also dont understand what the primary function of money is. The primary function of money is to MEASURE VALUE of goods exchanged for it. Gold is a barometer to measure value. Which is why a gold ounce earned in 1920 was a good weekly salary and 100 years later that same ounce of gold you earned 100 years ago is still worth a good weekly salary.

You need to be valuing gold and silver using ratios to other real assets, and not valuing it in terms of debt instrument jew created federal feserve notes.

You wait for the currency reset. thats it. The dollar value of gold is irrelevant, especially in the current fiat paradigm. Let's say you have 10 ounces of gold and gold goes to 30k/oz. Now you have 300k. But 300k is basically nothing. And if you had 10 ounces of gold in like the 1300's you'd be fucking bitches like Easy-E. What happens is there will be a deflationary collapse of all asset prices because of the jew fed inflated overpriced USD financial assets. So a current 170k median priced American home is now worth 30k. And that gold ounce (converted to the new currency) buys you a home free and clear. In your case 10 ounces of gold buys you a 100 family apartment complex free and clear and you live like a king slumlord being paid in the new currency by your tenants with no mortgage to pay.

Silver is even more undervalued than gold. For most of human history a silver piece the size of a silver dime was a day wage, and even today that is true. When you hear of some gook rice paddy farmer earning 2$/day that is in line with sane economic historical reality, since that 2$ will buy you a silver dime at a coin shop. So for every ounce of silver you buy today for 18$ you are effectively locking up 2 weeks worth of days wages post collapse. Since 1 ounce of silver equals 14 silver dimes. So you basically have 20 years worth of days wages with 500 ounces of silver, which costs you only 10k to get today. And it will probably be 2-3x that 20 years in reality since there are billions more people on the planet and much less silver available.

You aren't actually buying it. All you are doing is transferring your wealth from worthless paper to an actual real store of value and real savings.

If you your wealth is all in dollars and dollar denominated assets (stocks, bonds, real estate,and even crypto sorta) you will take a huge hit. The only asset that is actual real wealth is gold and silver. Now, I'm not saying sell your house or rental property, or 70% of your stocks to buy gold. But you do need to put even just 5% of your net worth into physical gold for the coming deflationary collapse of all asset prices followed after a very likely gold revaluation upwards of 50k/oz to purge all the debt from the system that the world is swimming in.

Remember the old story of the hotel bell cap in weimar republic germany who had a few ounces of gold saved up and after hyperinflation he was able to buy the hotel he worked at for those measly few ounces of gold.

Gold is simply real wealth and real savings. When you make a return in BTC, stocks, bonds, etc....you are supposed to put a % of those profits into gold and silver so when the dollar implodes you arent fucked and that is how you make it.

Remember the story of the hotel bellcap in weimare republic germany who had 25 ounces of gold saved up. When hyperinflation hit he was able to buy an entire city block with that measly 25 ounces of gold.

The dollar value of gold is meaningless. Did gold all of a sudden become valuable when America was born and the dollar was created? NOPE. So why would you be valuing gold in terms of jew paper dollars? Moreover, it was gold that gave value to the dollar.

The only reason you are buying bitcoin is because the dollar is dying and it is impossible to "make it" today, unironically because gold doesnt back the dollar anymore.

Bitcoin and gold are not competing at all. Bitcoin is a specualtive digital asset that many people buy to beat inflation. On a gold standard you could drive retards to grade school on a bus for a living and "make it" with your wife at home raising your 4 white kids.

The way you MAKE IT with gold is having even as little as 10 ounces and waiting for the dollar implosion. Fiat, stocks, bonds are NOT wealth they are financial assets. You might make 200% in crypto or stocks BUT you have to shave off some paper wealth profit and convert it to real wealth - GOLD or else your dollar denominated paper assets will implode.

You do not buy stocks for the same reason that you buy gold. A gold price going up just means the dollar is becoming more worthless. So you aren't looking to make returns in gold because you can't make returns in gold.

The dollar price of gold is irrelevant. 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? Moreover...it was gold that gave value to the dollar, so logically it makes no sense to value gold in terms of dollars.

Gold is not in competition with bitcoin. Bitcoin is a thing because the dollar is becoming increasingly worthless, unironically because gold doesnt back the dollar anymore. So massive inflation because of this is making it so it is impossible to make it. Under a gold standard you could drive retards to grade school on a bus for a living and "make it" with your wife at home raising your 4 white kids.

The way you MAKE IT with gold is having even as little as 10 ounces and waiting for the dollar implosion. Fiat, stocks, bonds are NOT wealth they are financial assets. You might make 200% in crypto or stocks BUT you have to shave off some paper wealth and convert it to real wealth - GOLD.

You do not buy stocks for the same reason that you buy gold. A gold price going up just means the dollar is becoming more worthless. So you aren't looking to make returns in gold because you can't make returns in gold.

The dollar price of gold is irrelevant. 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? Moreover...it was gold that gave value to the dollar, so logically it makes no sense to value gold in terms of dollars.

Gold is not in competition with bitcoin. Bitcoin is a thing because the dollar is becoming increasingly worthless, unironically because gold doesnt back the dollar anymore. So massive inflation because of this is making it so it is impossible to make it. Under a gold standard you could drive retards to grade school on a bus for a living and "make it" with your wife at home raising your 4 white kids.

And in possession of their actual real money?

Gold is real money and is a unit of labor. Bitcorns are a bunch of electrons running around on a circuit board inside a computer... it doesn't represent shit.

The funniest part about 4chan is you all hate the Jews for wrecking the economy, yet are anti-gold for the most part and don't even realize the economy is fucked up and all our wealth is being confiscated through inflation because we are in a gold standard.

The dollar is dying and your fleeing to crypto to make it because unironically the dollar isn't backed by gold.

Gold is real savings.