/biz/ - Business & Finance

The rest of your life

>>13440258
years

Hodl til death also know as silver

I also got shilled into buying physical silver by /biz/ at 14 bucks. Don't think it's happening.

>>13440258
end of 2021, when LIBOR ends

As so as house market collapse or next recession so soon if trump loses 2020 or 2024

Imagine holding a shitcoin that you can't even email.

>>13441226
But I can regular mail

>>13440258
You don't buy silver for quick profits. You buy metals as a security for when the economy collapses. 100 oz of silver and 1 oz of gold is enough to survive any serious crash.

>>13441312
>100 oz of silver and 1 oz of gold is enough to survive any serious crash.
good to know I'm going to make it

>>13440258

It's collapse insurance, something we can all see happening in real-time around us. In three years, you are going to be happy you bought some. I'm planning to get a couple of thousand ounces myself while prices are still low.

pls sir buy more shiny tinfoil. world go boom boom soon and everyone want shiny tinfoil bcs is very shiny and nice sir

>>13441954
>mommy mommy look what I got! it's called "bitcoin". it's like a real coin except digital!
you kids are fucked

>>13442107
>look grandpa, I bought one of those shiny rocks you told me all about! this the real money right grandpa?

>>13442123
>buys bitcoin
>bitcoin is worth 5000 dollars
>dollar becomes worth nothing
>bitcoin = 5000 x 0

>>13442157
if dollar beomes worth nothing the value of bitcoin will be evaluated in what it costs to make one.
electricity mostly which - if dollars are worthless are evaluated in another thing.

so gold or silver or even another fiat.

>>13442157
>buys shiny rock
>economy collapses
>trades his 300 ounces shiny rock for a loaf of bread

>>13442194
there's no intrinsic value to bitcoin. you can't make things out of bitcoin. it actually has negative value because the cost of electricity required to use it.
>>13442207
>he doesn't already have at least 1 years worth of storable food put away
never going to make it anon

>>13442317
there is also no value to money you can´t eat it, you can´t build something out of it.

bitcoin at least isn inflationable

>>13442317
>he thinks shiny rock has any intrinsic value other than being shiny
thats why you will always be poor

>>13441312
>he thinks you make profit with silver when a piece of bread costs 1000$
kek

>>13442809
Is your brain under developed?

In order for bread to $1,000 fiat currency would have to break (Hyperinflation).

Only way to hedge is gold, silver and holding 12 months worth or supplies

>>13442333
>LE FAILED CURRENCY THST CRASHED AND NO NORMIE ON THE PLANET USES
LMAO CRYPTO KEKS

>>13442882
if bread is 1000 dollars it would also be 5 ounces of gold because your shiny rocks are just as worthless

>>13440258
>12% chance of a CME in the next 10 years

I hold rare metals for protection against a Solar Flares.

Imagine that, all digital fiat fake bullshit and CryptoCurrency gone, clean slate.

Ensure you have;

Steyer Aug (5.56mm) [Hollow Point + AP]

Glock .45 [Consealed]

Remington with 12 gauge [Bed Side]

Barret BMG .50 (AP) [For taking our engine blocks and helicopters]

https://www.nasa.gov/topics/earth/features/2012-superFlares.html

>>13442964
take your pills schizo

>>13442961
Food price would rise due to loss of faith in Fiat. (Why else would the farmers/retailers jack up prices)

Let events speak for themselves, just check out Bosnia/Zimbabwe in the past and Venezuela now.

I won't be the one so starved my skeleton will be on display

>>13443005
>USA is just like those worthless third world shitholes!!
yes schizo

>>13442988
>Nothing bad ever happens

Keep living in your dreamland and cancel your insurance while you're at it, your invulnerable to bad luck.

>>13443024
>bad things happen, therefore the world is gonna be hit by comet and we will all return to middle ages!
take your pills schizo

>>13443031
https://www.wired.com/2012/02/massive-solar-flare/

>>13443037
didnt you schizos say the world is gonna end in 2012? whats the new schizo theory now?

The world isn't going to end in our lifetime, same with collapses

>>13443050
I really hope you remember this thread if something does happens.

Remember a small investment of 25k/5% (Whatever is bigger) of your portfolio in rare metals and long life supplies would've saved your life.

>>13443086
yes schizo, when the zombie alien apocalypse happens, I will survive with magical shiny rocks

>>13442961
You are the brainlet. The only thing that is worth anything is food, shelter and medicin if you expect there will be a global crash. Your bitcoin sure will be worth a million, but this means nothing if a bread costs 1000$

>>13443667
when did I say anything about bitcoin dumbass?

>>13440258
I am in the process of giving up on silver. It could take another 10 years before this shit ends.

>>13443721
Should be fine if you slowly bought close to or below spot, it's crazy some people pay 10 - 50% above spot for bullion.

I list some of my silver 20%+ above my purchase price on ebay, free money

>>13442964
>Steyer Aug
Mir gefällt wo das hinführt.

>Barret BMG .50
So much fucking illegal here in some yurpoor countries.

>>13443074
This, people have been talking about a 'collapse' since at least the 80's, if not earlier. My dad's been into prepping and shit since the late 90's, sitting on what must be KG's of silver and does fuck all with it. Buy some gold as a 50 year retirement hedge against fiat inflation, just invest the rest wisely. Things won't fall apart like some post apocalypse movie

>>13444015
If people have been predicting a collapse since the 80's and it hasn't happened yet, shouldn't that let you know that we're long overdue?

>>13444358
Nah shtf scenarios will happen in maybe 300 years

reminder that any “shiny rocks” poster is a literal paid noseberg shill

>>13444735
nosebergs control shiny rock supply already and dump their bags on dumb boomers and doomers like you

>>13440258
I got some bad news for you anon, but at least two of those are fake. reminder, always carefully inspect your gold and silver bars and ingots, even if you get them from what you think is a reputable source. lots of sources on how to spot the fakes

>>13444781
Nice try noseberg, looks like you didnt get that in the shill memo, you jews dont dump you just keep stacking

>>13444840
enjoy your shiny bags ranjeesh

>>13440258
You have until the end of May.

>>13444892
Why are you kikes so nervous? Is it because we’re stacking real money and not your filthy ziondollars? You should be fired you’re a terrible shill. Say israel doesnt have the right to exist. You wont because you’re a disgusting kike pawn

Here is my silver stacking strategy. My family insists on spending a bunch of money on birthday/xmas gifts even tho my boomer ass is too old for that shit, so instead of them buying me shit I don't want or need, I insist they buy me silver. Almost up to 100oz, should happen this year.

>>13445125
When's your birthday I'll send u 10 oz

>>13445105
yes dumb pajeet im so nervous because you waste your money on worthless rocks. stay poor

>>13445183
June 21
Thanks daddy!

Don't waste your money on physical precious metals. Buy mining companies.

>>13445313
>he didnt say it
Thanks hooknose you just completely BTFO’d yourself

Im white as fuck (pic related) get fucked kike
>worthless rocks
Whats in your phone? Your TV? Your Computer? Your car? Silver you fucking retard. We know the future is electronic and said future needs silver we will never stop buying silver EVER

2030

>>13442157
>usd inflates, 10 times more money in circulation
>btc at 5k
>people have a lot of money and buy btc
>price massively increases because of the added supply of money
>BTC is now at 50k
>still own the same amount of money
>you preserved your earlier wealth

>>13440258
>collapse insurance
why not just invest in guns/ammo/oil/food then? if the apocalypse happens im not going to trade you food for shiny metal, im just going to shoot you and take it

>>13445758
do the needful sir. buy shiny rock very good moon soon

Keep bumping with forced pajeet shitposts you eternal spastic, you should hang yourself before we do it for you

>>13444840
Why not cut the middle man and just buy NYSE:JPM?

>>13440258
Why do you guys buy precious metals? They are the worst investment ever.

>>13446305
its more like hard savings

>>13446305
It's a hedge against your fiat money becoming worthless.

>>13446371
Well you could invest that money into the stock market. It just does not make sense to hold any significant amount of PM.
>>13446391
Fiat is not becoming worthless in the US. And even if there's inflation, you would still come out on top investing into the S&P 500.

>>13446305
good dont buy any goyim

>>13446447
Did I ever say not to play the game while it is still going? It's a hedge.

>>13446447
Priceless, this is the goy mindset in a nutshell, he thinks unbacked trillions printed annually is sustainable and does not disvalue the purchasing power of the other trillions in the market. Stock market will drop off a cliff, you’ll exit into fiat whose purchasing power will be a joke, and us REM holders will moon into oblivion, buying acres of land for a couple ounces. All fiat currencies have failed and will fail, read some history books goy.

>tfw 1488 troy oz of silver
/comfy/

>>13446669
Ok retard, because precious metals have ever mooned and the USD has ever failed.

>>13444785
I'm not OP.
But, can you tell me which two are fake? How do you know? I actually own 2 APMEX bits of silver.
I don't even need to buy anything online. I can buy APMEX locally.

>>13446771
rem has mooned before, and fiat will die.
Stay disillusioned psued intellectual goyim, you asked the dumbest question itt, you’ll fomo into rem but it will already be too late and your fiat bags too heavy, you’ll inevitably jump to your death when your life savings go down the drain

>>13446834
it's small details, sometimes the packaging will have giveaways in the printing/holograms or the ingots that have anti-counterfeiting measures embossed on them will be wrong, and just because you are buying from what you think is a "reputable" source doesn't always mean you are getting what you think you are. There are lots of videos on youtube. One of my favs I saw was a guy who bought a bunch of gold from ebay knowing they had to be scams at the prices listed. He went into detail pointing out the problems with what looked to be legit gold. Then he cut them open and surprise, fake. He even found one in his personal collection he had bought at a local coin dealer.

>>13444015
Not collapsing is the best possible case for silver since it is used in literally everything with a battery or cpu.

>>13440258
15-20 years if there isn't a major global financial collapse (that is how long I expect it to take for supply to Really dry up), if there is a collapse we will get another spike with investors buying.

Just got the first .999 proof set btw, does anyone else buy these?

I feel like I've never seen a stacker buy them although it is essentially the same price as buying old junk silver

>>13447019
I already hold precious metals. I'm just saying they're a lousy investment. This isn't the 3rd world or some GTA game you're living in. The USD is an extremely strong currency backed by a very stable government and thriving economy. What basis do you have saying that fiat will die? Fiat is a very broad term too btw, and in case you didn't know, they're not all the same.

You are a fucking idiot silver is not used his money anymore it’s only an industrial good fucking idiot

>>13447398
Then why is every mint in the anglosphere still producing investment grade silver coins?

Why was the best long term portfolio for the past half century 70% gold or 50/50 gold/silver?

>>13447318
Yes, the jews and their fiat money aka jewish confetti has a good track record.

>>13440258
Go to the x3 eft for silver, USLV and notice the falling wedge. The image is on the monthly chart but it looks like it could be beginning to form on the weekly.
Anyway, expect silver to start getting momentum as the chart predicts.

>>13447485
same reason ETC exists. to separate morons from their money

>>13447318
Yes its strong, the strongest fiat ever, but it like all strong fiats will fail, the more they print the more it devalues purchasing power of the other currencies. And yes everything is pretty much the same, every currency in existence right now is fiat, and its all tied to the $ in one way or another. Once the $ fails everything fails. Its not a question of if its a question of when. Could be a decade from now or even 4 decades, but its collapse is guaranteed. My basis that fiat will die is that fiat have died for thousands of years, and to think that fiat will not die just because its current year is naive

>>13445945
>if the apocalypse happens im not going to trade you food for shiny metal, im just going to shoot you and take it
so you admit that it's valuable enough to shoot someone for and take in an economic collapse?

>>13447398
Learn how to type out a coherent sentence brainlet
>>13447842
Yes that’s exactly why JPM holds 800 million ounces, they are the most retarded and have separated themselves from their money for no reason

>>13444015

It already did, several times. Markets were shut down, all trading was halted, 4x the total money supply would be printed and used to flood the market. The central bank of japan owns more than half of japanese stocks. This time countries are abandoning the petrodollar and interest can't be lowered further to stimulate the markets. Printing will initially do nothing either, then everyone will dump their dollars for assets as the velocity spins out of control.

In 2008, banks received a 16 trillion usd bailout. How big will it be this time? Due to massive automation in the past decade, prices of things should have gone down significantly. Where have they gone?

>>13445945

Have you ever held a physical ounce of gold?

>>13446447

The government doesn't have 220 trillion today, but they can borrow from the privately owned federal reserve. I wish I could buy stocks in the fed, but it isn't like they are short for money.

>>13446771

Actually yes, that happened in the independence war if I recall correctly. The founding fathers had a us dollar, printed it to shit and then ensured only gold and silver are legal tender by putting it in the constitution. The current us dollar is not the first iteration, the previous one was hyperinflated out of existence.

Most empires only last for 250-300 years max. And they collapse due to the corrupt nature of governments fucking up money.

>>13447272

Always aim for as close to spot or lower, because everything gets melted unless it's really old like roman denari

>>13447398

The us government literally has a constitutional duty to issue gold and silver coins

>>13448027
The fact that "junk" is being melted everyday is the reason I buy real coins instead of bullion most of the time.

Most people don't realize how tight the silver market already is in terms of supply, but smaller industrial firms will literally buy anything they can get delivered in bulk within a few dollars of spot to melt.

Copper is being melted too, even though it is apparently illegal - its definitely happening.

>>13448073
you do know the US penny is mostly zinc, right?

>>13446771
PMs have mooned in many countries recently. Argentina, Venezuela, Turkey, Iran

>>13448191
pre-1982 they are 95% copper

>>13448191
you know some 1982 and all 1981 pre are 90% copper right?

>>13448226
so how much would you have to pay someone to sit there and sort out the pre/post 1985 pennies?

>>13448240
You literally just look at the date and throw them in different buckets or whatever, and there are sorting machines

I took the copper pill awhile ago, its not for everyone

>>13448263
Are you not planning to live 40 years, or retire?

Besides most people only put 5-15% in gold, so its not like they aren't investing in other things.

>>13447925
>13447925
Quick everyone ignore this post!

>>13448226
Is copper even worth collecting? I've been collecting the ones with years marked 1981 and below because I saw people comment on it before in other silver threads, but I feel like nobody actually gives a fuck about copper and feel like I'm wasting my time.

>>13448487
I mean 1 penny is worth 2 pennies so... is it "worth" it, yes technically and some people are already making money from it.

When/if we start mass producing electric cars and need about 20 times more power infrastructure it will definitely be worth it.

Basically if you hoard copper now you're very early to the trend, and it might be a long wait

>>13447272
I buy leaf coins since I'm a canuck. But I'd buy some nice US coins if they were more accessible.

>>13445634
Defeats the purpose of why we by precious metals.

Reminds me of the idiots that buy BTC through their broker instead of buying real BTC.

>>13440258
I'm gonna make it

>>13448487
I wouldn't go out of my way to buy copper, hoarding copper pennies or maybe melting down scrap is not a bad idea though. China controls 97% of all copper production.

>>13447135
Which ones are fake in the OP?

>>13446669
Do you understand how expensive gold is right now? It's ~$1200 an ounce. You can hoard land cheaper than gold right now. Gold has no intrinsic value past its applicable use. Land has intrinsic value and you can't mine more land.

>>13449571
>gold has no intrinsic value

hmm

>>13446726
truly redpilled
>lynch google

>>13449571
>>13449571
>Do you understand how expensive gold is right now?
>Gold has no intrinsic value

Just wow.

>>13449893
is this the anon who was waiting on the 5 9's?

>>13449908
Maybe.

>>13449916
>tfw dont have own pentacoin

>>13448362
ayeaye capn>>13447925

>>13441599
That would mean I have enough, so that can't be right

>>13440258
when yangbux gets in and all trust in the
USD is lost the us will start backing its currency to PM's again to renew the trust.
just vote for the man to get you rich.

>>13444785
So which ones are fake?

>>13441312
uhh its 1000 oz silver bud
no gold, ever

>>13450036
>almost gonna make it

>>13449140
>Taurus
You should trade that in for a knife

Alright big question, how many ounces of silver can net me a mansion in venezuela?