/biz/ - Business & Finance

20 big macs will = $2m

>>18230779
I was bullish on gold but it might be deflationary. In which case commodities will get fucked. Like oil is now.

>>18230779

Unfortunately, I lost all my gold in a boating accident.

When is gold going to moon I am impatient.

I went fishing last week. and took all my gold collection with me. you know to admire while I wait for fish. and then boat turned over. Lost all my gold. feels bad.

>>18230837
Gold is not a commodity you fucking brainwashed retard. Gold is savings and real money and real savings and a real asset.

>>18230779
Alas that says more about the dollar than about gold

20oz Mountain Dew will equal $2mil in two years

>>18230779

Why do gold and silver keep either dropping or staying in a crab market? What happened to the alleged decoupling of the paper from the physical price?

Don't link to one-ounce coins to disprove this. If I want to buy a real bar in a real vault, I still pay spot price.

>>18230779
If gold goes to 2 mil my shirt will worth 10 grand

>>18230950
I don’t know about you all... but because of Corona this is the first time since college that I’ve felt alive. I have lots of silver and been waiting for something like this to happen for 5 years. The point where things get so bad that 1 silver Roosevelt dime will buy me a blowjob from a formerly well to do housewife and her 18 year old daughter at the same time. I’ve been waiting in the shadows laughing at these cuck husbands who buy their wives range rovers instead of buying silver bullion... knowing that I’ll be face fucking their wives mouths for the 1.30$ it cost me to buy that silver dime.

Just yesterday at Whole Foods I seamlessly entered into conversation about Corona with a roastie milf that had a ring on her finger in the water aisle... and I said this is all a cover for trump to bring us back on a gold standard. She started looking at me in amazement like she wanted me to paint her lips in cum. At the end of the conversation I’m like take my number l have plenty of protection and freeze dried food if you ever need it and she took it from me.

>>18231313
What are your positions then brainlet? It’s traded on COMEX so it is a commodity, suck my dick retard

>>18230779
Yeah, but 2 million will equal a candy bar and soda due to inflation.

>>18231330
Your valuing gold in terms of fiat. This is wrong. If you have 5 ounces of gold and gold is revalued overnight to 100k per ounce... you now have 500k but it’s going to be like having 500k in 1980 or 1950 or something when prices are a lot lower. So you get rich because of the shift.

First is inflation THEN deflation.

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson

>>18231336
Wow bro alpha as fuck!
Your a fucking stud!

>>18230779
literally only have crypto shitcoins... namely xtz ogn bnb. How fukt am I?

>>18231402
>>18231413

Gold and silver maintain your wealth in a fiat paradigm but once the reset happens you get fabulously wealthy with when just 10k in metal now.

The entire point is to buy assets for literally a penny on the dollar for what it cost you to buy that gold or silver in the fiat paradigm.

Otherwise, there’d be literally no reason to buy gold and silver in the first place. If gold and silver just maintained your wealth while bread goes to 100$ there’d be no point in buying metal. What you thinks going to happen? Mass foreclosures, 20$/gallon gas.... and you have 200k worth of metal now and you go about paying your mortgage and buying gas with silver dimes while 99.8% of the population is destitute? Your going to be going to your drive thru at Starbucks to get your frappacino while housewives are being gangbanged by dark black niggers 300 feet away from you in the middle of the street as the barista whips it up for you?

This is when you buy assets at fire sale prices.... accept the new currency and live like a king with no mortgage. My plan is to by an apartment complex with maybe 100 units for 1-2 ounces of gold.... and I will offer 25% of my units to milf housewives for free except for a monthly blowjob. In the type of situation we are in and where we are headed. I will be a pillar in the community for offering this deal. Mormons from all over the United States with only 6 wives will all be looking up to me

>>18231450
Lmao. If I had the option of having literally zero net worth or be in your situation... I’d choose having literally 0 net worth. At least then I could live with myself having just been a retard, whereas you actually take an interest in investing yet only have whatever shitcoins you just posted and nothing else

>>18231336
This pasta again, come up with something original

>>18231579
Buy now or wait for a dip? Gold is at 1600 now, dropping a little more daily. Almost won an oz for $50 under spot until a nigger sniped it from me.

what an acceptable price to pay for a gram of gold? am poorfag that that's all I can afford at once for right now. Should I just buy more silver instead?

>>18231677
How much cash you have??? Are you a poorfag? Tell me your situation and I can help better

>>18231579
If this happens then India unironically becomes super power since their entire population owns a ton of gold.

>>18230921
me too. i took all my collectables on a boating picnic and tipped over my canoe in the lake. i tried to find them but couldn't in the mud. sucks.

>>18231690
Depends on your tolerance. depends on the stock. Depends on the macro situation. I knew PTON was all over the place so I held onto my opposing position expecting it to revert. If you aren't sure, close both positions and collect your profit. But beware. You can still get IV crushed which for straddling is devastating. I wouldn't recommend it in a high volatility environment to be honest

STOP DUMPING AAAAAAAAAAAAAAAAAHHHHH

>>18230837
Deflation of what exactly? What are you people even talking about? Do you just discover words and start saying them? Are you in the belief that some hyperdeflation of fiat currencies is coming? Why would you ever even believe that?

I'VE GOT A CURE FOR YOU

>>18231679
Yes get silver. As much as you can and wait for the ratio to go down a lot. Then swap for free gold.

And don’t give a fuck if silver goes to 5$. Silver at 5$ will still mean physical will be at 20-30$

I actually like the paper price of silver going down. The idiots who are saying but silver and gold are dropping are kind of like the same idiots who don’t know something is terribly wrong when the ocean starts pulling in right before a tsunami

>>18231710
I have a lot of cash available. Like 1/3 of my yearly income. Was saving to buy a car without debt, but I can afford an oz or so of gold.

>>18231716
Trump has been to India twice this year so far, and during the beginnings of this corona outbreak. Hmmmmm

>>18231768
thanks anon. what would you recommend paying per ozt of silver? every nigger online is selling anywhere between 19-25 per ozt and that seems way high considering the current spot.

>>18231768
I already got silver and right now seems like a retarded moment to get more. Bought in at $14 a decade ago. Was trying to diversify and get gold since its premium is much lower.

>>18231798
Anything below $18 shipped is still good.

>>18231773
Don't waste money on cars, it's the best way to be poor.

>>18231773
1/3rd of your salary available and you are considering just 1 ounce of gold? I’m gonna guess you have 10-15k available to buy. Get a couple ounces of gold and put the rest in silver. Remember.... it’s savings.... when you buy gold and silver you aren’t actually buying anything.... all your are doing is converting your paper wealth into a real store of value.

Now a couple things... yes your going to get kind a fucked on premiums but it literally doesn’t matter because life is not going back to normal anytime soon. So you have to stop thinking in terms of fiat that you have thinking life will resume as normal 3-4 months from now.

A shift is coming monetarily. So the more you have the better. The people who are going to be left behind are those who are thinking in cash terms when there is really no reason to hold cash. I’m not saying don’t have some.... but you should be getting more than an ounce of gold and silver too because the ratio is totally fucked right now

>>18231768
>The idiots who are saying but silver and gold are dropping are kind of like the same idiots who don’t know something is terribly wrong when the ocean starts pulling in right before a tsunami
Perfect analogy

>>18231800
Oh ok then don’t sweat things really if you already have. Especially if you have 200 or more ounces

>>18230779
Maybe. Or maybe noone is buying right now because of what happened to gold 100 years ago.
Hint, government took it all.

>>18231893
I have more than that buy a long shot. How much gold should one have? I almost bought some back then at 900 an oz, but went with silver instead. The old 20 peso coin was a steal back then when dealers didn't price it retardedly.

>>18231928
>20 peso
Meant 50 peso. 1.2 oz. Could get it under spot for the amount that was in it.

>>18230950
Same here bud :(

>>18231924
Did the government compensate them at least?

>>18231928
Oh ok good.... your golden then with silver. I’d honestly get 3 ounces if I were you. You’ll be more than fine with the silver but gold is WORLD MONEY. So it’s better to have more than 1 ounce, but you don’t need to go nuts since you have all that silver. Pay no mind too the dollar price being more now. What’s important is getting some in your possession.

>>18231768
Love that analogy anon

>>18231893
> tfw 203toz just before the supply shock
Feels good.

Check these dubs

>>18231928
If gold is going to do what I think it is.... it won’t even matter that you bought at 1600 vs 900. It’ll be like buying link at 45 cents instead of 25 cents

>>18232013
Your good. Your like the bad dude in the movie the titanic who grabbed the kid and got on a lifeboat in the last second

>>18232046

>>18230779
Oil is less than $20 a barrel
I'll be mining with old ass machines for years at those prices
Remember that gold's inflation percentage goes up and down based on its price

>>18232006
;)

>>18231924
Lmao...

Here is a video of mark dice literally offering passerbyers on the street a Hershey’s chocolate bar or a 10 ounce bar of silver and he has about 8 people taking the chocolate bar over the silver bar.

https://m.youtube.com/results?search_query=mark+dice+chocolate+or+silver

And you think people are thinking I’m not gonna buy gold because of what happened almost 100 years ago?

you should have 1 oz of silver and 1 gram of gold then ur set

>>18231989
Yeah they paid the current gold price. Then after collecting all of it they raised the price 2x and sold them for profit

>>18232526
Man, even before I awakened to finances I would have taken the silver. Holy shit.

>>18232592
...fuck.

>>18231318

what's the name of your trading firm? Mere normals don't have that access.

>>18231798
You need to understand that paying 20-21$ IS the real spot price for silver. In fact... it’s a fucking bargain at 20-21-22$ considering what’s happening.

Stop valuing silver in terms of dollars.

Accumulate.

If silver goes to 100$ and you have a deflationary collapse of all asset prices by 75% or more........ even buying silver for 50$ right now would be a steal.

If for some reason magically you could only get silver for 50$ right now while others can get it for 20$z. You should still be accumulating.

>>18232592
Wont happen now. People are awake. I think the govt knows they have to give a good deal now. Tbh tho.... if an ounce of gold ends up being able to buy you a home.... I wouldn’t even give a fuck if they took 50% in taxes. Or 1/2 the gold.

>>18232758
we'll see

>>18232923
But even if it happens then that’s what the 2nd amendment is for

>>18232528
Question is for the entire thread but only replied to (You) so I wouldn't spread the coof around in here.
>What do you predict will happen to people in each stacking class? Based off of today 112:1 ag/au ratio.
1-10oz silver:
20-30oz silver:
30-50oz silver:
50-70oz silver:
70-100oz silver:
100 + oz silver:

Same as above but with:
1 oz gold + 50-70oz silver:
2 oz gold + 70-100oz silver:
3-5 oz gold + 100oz silver:
5+ oz gold + 200oz silver:

My predictions:
1-10oz silver: Obtained by melting jewelry. Will exit debt free but working class.
20-30oz silver: Debt free plus living expenses for 1 year.
30-50oz silver: Living expenses + major upgrade (new car etc)
50-70oz silver: Major upgrade + small investment nest egg
70-100oz silver: Major upgrade + medium investment nest egg
100 + oz silver: Major upgrade + large investment nest egg

1 oz gold + 50-70oz silver: Real estate purchase without mortgage, major upgrade + small investment nest egg
2 oz gold + 70-100oz silver: Multiple real estate purchases without mortgage, major upgrade + medium investment nest egg
3-5 oz gold + 100oz silver: New upper class
5+ oz gold + 200oz silver: Political class

spk

>>18233867
I think you are more or less in the ballpark. It’s almost hard to grasp because 100 ounces doesn’t seem like much to someone who is stacking because it seems they are linking it to fiat which is overinflated. But literally nobody in the population has 100 ounces of silver.

>>18230779
buy bitcoin

>>18233867
I mean there are 350 million people in this country. But let’s say 200 million people when you exclude kids and very old people. How many of those 200 million people do you think own 500 ounces of silver?

>>18234078
>How many of those 200 million people do you think own 500 ounces of silver?
Not many. Or if they do, the asset value of their precious metals is outweighed by looming bad debt (multiple mortgages etc). I saw an article yesterday talking about airbnb super hosts who've speculated on terrible properties to build an airbnb rental portfolio. They are already being wiped out.
If there is any sort of currency reset the banks will probably wait until after the dust has settled to actually foreclose on mortgages and physical property. That way they get their maximum return out of it. The best position to hold right now would be (aside from debt free) only have cash debts/students loans, no mortgage or physical debts, and a healthy stack of gold and silver.
I remember in '08 how all of the snowbirds (I'm a canuck) bought up the Arizona and Florida retirement communities. Their capital flow represented a pretty significant source of state revenue for years and helped those markets to bottom higher and recover faster. If Treasury Notes are pegged at $100k: t.oz , and the economy deflates, then it seems reasonable that half decent lots will go for about an ounce of gold.

After the last shitshow all the smart goyim invested into stuff like housing and oil and it went up. If we went back on the gold standard the government would seize as much of it as they could and you wouldn't be able to spend any of it. Invest in oil when it goes lower, they're predicting negative prices due to retarded arabs and russians. When this blows over and demand blows back up that's sub 10 dollars per investment in some fracking company propped up by drumpf to above 69 a barrel, causing your stocks to shoot way up and thus achieving max value. It might take like 5 years but that's the whole point of HODL- if you work like joining the army as an officer you can advance your career and get another degree and make a bunch of money before leaving the military to become some kind of bureaucrat and keep putting money away. Just ride the bear onto the bull.

>>18230837
>>18231313
>boomer metal

>>18234231
>some fracking company
You mean the totally overleveraged ones which are hemorrhaging capital and are going to go bankrupt (again for the umpteenth time), and then stood up again as new corporations by the government after the reset? Yeah, the government isn't going to preserve your investment for you. You will lose everything going into oil right now. Alberta is bankrupt and it takes a very long time to get production going against once the workforce goes home.

>>18234338
>butthurt canadian boomer with his gold

>>18234376
>canadian with gold
FTFY. Not much but it will be a million times more valuable than crypto when this is all said and done. You know that your NSA has already broken the blockchain right? The only thing which keeps those currencies going is the fact that user ids can be passed along to your FBI for eventual prosecution. You should have sold your wallet when the first quantum computers came online.

I always pay on the 5th

>>18233867
Kek I think these are a little optimistic. I own 2500 oz of silver and 20oz of gold but I'm not expecting to be super wealthy post reset. Maybe the equivalent of a millionaire now, like $2 to 3 million perhaps.

>>18231318
>in someone else's vault
Have fun losing your money fag

>>18234460
You will be a millionaire with the purchasing power of someone walking into the 1900 era's retail market. It is a good idea not to get caught up in politics, but that still doesn't mean that you won't be able to buy a major factory plus enough homes to house your workers. You will be staggeringly wealthy and able to live off of government bond interest if you wanted to.
>Just stay straight and sober son.

>>18234589
Well thanks anon. I won't let it go to my head. I'm not finished stacking anyway

>>18234460
How many Americans have 2,500 ounces of silver? Maybe 1,000 people? How many people don’t have even 100 ounces of silver? Maybe 99.9865%?

You are out of your mind if you think 2,500 ounces of silver isn’t going to put you in mega filthy rich category. And your also out of your mind if you think 100 ounces won’t make you relatively very well off.

>>18234231
The last shitshow the fed had some bullets to re-inflate and stave things off for a decade. It’s over now

Imagine touching a girl

Is there still a place to get silver at reasonable prices?

>>18234733
Tedt

check 1 2 1 2

>>18234708
fuck you

>>18234708
help sirs

Should I aim for 200 oz silver before I get 1 oz gold? Maybe 1 oz gold for every 200 oz silver? My problem has been I keep buying silver with $200-300 every 3 or 4 weeks instead of just holding onto the fiat to buy gold.

>>18231363
nigger comex can't even deliver

>>18234626
I have been thinking about this a lot recently. Here are some numbers which I think you will find very comforting.
Canada produces 183tonnes of gold a year. Our GDP is USD$1.653 trillion. If there was a currency reset tomorrow, then the likely value of the CAD$ would be $309695.52 to 1 troy ounce. As a baseline just from what we are capable of generating each year.Realistically, it might be a bit lower. Our dollar is worth 70 cents on the leaf compared to your eagle. Even if a straight reckoning were done tomorrow, the USD would be $216786.86 to 1 troy ounce of gold.
You would be worth:
$4,335,737.21 in gold and at 50:1 $10,839,343.00 in silver.
Over $15M. in precious metals. During an economic reset and government sponsored deflation. Like I said, political class.

>>18234767
You can buy smaller denominations of gold anon. Quarter eagles, tenth ounce coins... Higher premiums but they might be more useful as they will be more liquid once gold moons. Although you'd probably use silver for everyday transactions

How do you recover?

>>18230692
don't pay, if you don't pay greedy landlords you will be able to afford your own house sooner, so obviously not paying is a no-brainer

>2020
>stuffing some parasite's pocket

>>18234307
don't fall for this scam bros keep safe

>>18234728
no? the best i can find now is 10z bars or higher on presale for $17-$18

>>18234813
>you'd probably use silver for everyday transactions
That's literally never going to happen.

>>18234460
I have about as much as you do. Except my ratio's are way different. I own about 47.5 ounces gold and 107 ounces of silver.

APMEX is now officially cleared out of all common 1 ounce gold coins. Completely out of stock, not even pre-sale. Someone must have bought like 1400 1 oz american eagles today because they had that amount available at one point and now, all gone.

- American Eagles
- Buffalos
- Maple leafs
- Brittanias
- Kangaroos
- Queens Beasts
- Kruggerands
- philharmonics
- most common bullion

All completely out of stock. Some Libertads are still available but those are usually very highly priced.

>>18234805
Yeah I sometimes like to look at the moon math too (I own chainlink after all) but it's easy to get carried away with these projections... If it's this easy why isn't everyone buying gold and silver? Are they just too brainwashed?


>>18234840
It's happened every time through history where fiat currency has failed and they were forced to revert to sound money. Transactions are often priced in silver in Venezuela now


>>18234857
Based. Silver is a nightmare to store

>>18234925
Didn't they just restock? Man, and at this time when supply is tightening too when most of the Swiss refineries are closed. Hoping that Russia stopping their gold purchases helps premiums.

>>18234955
Why would he argue against his own business?

>>18230779
no. that wouldmake like half of america millionaires. think about it logically

>>18234986
Yea, they've restocked with Buffalos and just restocked massively with like 2000 American eagles. Now, all gone.

JMBullion still has Buffalos and American Eagles available, but are running out quickly.

>>18235083
Not sure if good or bad news but JM Bullion got rid of their $299 minimum order requirement several hours ago. Kinda useless since the premiums are still high and they are running out of product too.

>>18231363
Holy moley, what a dumdum.

>>18234972
>Are they just too brainwashed?
Well, I don't know how the supply situation is where you live, but up here it is getting tighter and tighter. I was at a bullion vault yesterday and all of the East Indians were coming in and selling jewelry at spot to generate cash for their businesses.
I think what has happened to the majority of people is that when they had liquidity they continually reinvested it in stocks. Then when the market turned, they found themselves unable to sell, and certainly not able to generate enough cash to significantly leverage their wealth into precious metals. So, being humans after all, they are taking the little cash they do have and spending it on alcohol/drugs to cope with what is happening around them. It isn't so much brainwashed as brain-stunned. They stopped thinking critically after their first big win in stocks and have been chasing that dopamine hit ever since.
>I am ultra comfy up here famalam, if Trump Treasurybuxs become a thing then I get to cash in at the new USD rate and then wait and convert after our CAD has fallen through the floor because Trudope thought expanding social programs for refugees while strangling our oilsands was a good idea.

if you have 1 gram of gold then you'll be able to buy 1 empire state building plus an ice cream store in the resetenning. 1 oz of silver will buy you 15 tanks and a jet flyer with like bombs on them.

>>18231413
>First is inflation THEN deflation.
How? What stops the fed from printing indefinitely?

>>18235176
Switching to a precious metals backed currency. Trump has been seizing gold and assets from cartels (literally in a news conference right now talking about that battle) and human/drug traffickers. It is believed that the gold listed in this SWIFT receipt was seized by US special forces and forms the bulk of your Treasury's new vault.

Combined with the recent Fed/Treasury recombination and massive worry free trillionaire printing behaviour, it actually looks like the whole Q theory may be real.

>>18234427
>NOO MY BOOMER METAL IS WORTH MORE THAN YOUR BTC
>IT'LL HAPPEN FOR REAL

Btc buys me guns and guns buy me access to your butthole

Why is there so much competition between bears and bulls? Are you a bobo if you’re a dip fag? If so then wouldn’t you want a bull run once stocks go up?

https://twitter.com/lbmaexecutive/status/1245430814143381509

Nothing is wrong goyim, everything is fine.

This damage control is really cringeworthy.

>>18235343
Yeah, the only good thing to come out of this debacle so far is the complete exposure of the criminal rigging in the PM markets. Imagine selling the same house 4 times and then getting upset when 3 of the buyers want to move in... so you just offer them another house... which they also aren't allowed to move into.

Is APMEX a legit option for Europe?

>>18231755
he's right, we might be in a deflationary environment. there are less dollars in circulation. the slower the velocity, the fewer dollars representing economic output. It's a really hard read at the moment. hyperinflation is likely to come eventually. but in the short term, it's hard to tell.

>>18231755
Watch hidden secrets of money it explains it well..

Money as debt is destroyed when loans are paid back or defaulted on. This is what is starting to happen now, massive waves of defaults that will actually cause the currency supply to contract, even with constant money printing factored in. Also as the other anon says velocity is slowing to a crawl, this also causes deflation

>>18231318
Those bars in the vault ARE paper silver, anon. You have to trust they exist. And exist in quantities large enough to be solvent to all the owners.

>>18230921
>>18231718
all cool anons. but when martial law is imposed and you need to give in your gold at the cost of capital punishment, the govt will send a specialized force examining all your properties and other suspicious places with nasa-tech metal detectors, and in case they do find any gold, they put a bullet in your head on-spot.

after the death of the first 500 people, the rest will miraculously find that boating accidented gold and give it all in.

>>18231318
>If I want to buy a real bar in a real vault, I still pay spot price.
There is no bar. There are 60 times more gold certificates than there is total global gold reserves.

You pay for an imaginary bar in an imaginary vault.

>>18236241
>dude trust me

As the first sparks of real adoption began to emerge, a slow, creeping, sickly thought made its undeniable truth known to Satoshi.

Bitcoin, a system constructed from its first precepts to act independently, above and apart from mere human politics, had a single weakness: Satoshi himself.

While Bitcoin was designed in its every line of code to not embed a single ounce of trust in Satoshi or any would-be master the same could not be said for Bitcoin's users: Raised in the old modalities of trust based system the public was addicted to authority, finding it in any shadow they could grasp to. Although Bitcoin was by design independent of Satoshi, it increasingly seemed that the general public could never be.

Many times, Satoshi tried encouraging the public to ignore him, but even some of the developers-- who were supposed to understand more than most how critical Bitcoin's independence was-- were unable to resist playing up the Satoshi mystique.

And so, with great sadness, Satoshi realized that he-- or at least the part of him that was Satoshi-- would need to leave the world forever so that Bitcoin could live.

Armed with his expertise in MRI guided ultrasound surgery, his research into the psycho-chemical origins of belief, and his ready access to supercomputing time it would be surprisingly easy. There would be collateral damage-- skills and thoughts inexorably tied to the brilliance that created Bitcoin during its development in the prior decade-- but they were a small price to pay to protect the integrity of his greatest accomplishment and maybe the future of mankind itself.

Many a great person lost far more for far less-- Galois mortally wounded in a duel at 20...

>>18236241
ah, the land of the free

>>18234708
Reporting

>>18230779
Gold bubble will collapse. It's incredibly overpriced and it's utility value is low, and the utility value is going down. Even central banks have been ditching it for the past 10 years.

>>18231318
>he fell for the vault jew
ngmi

>>18231336
Fuck you for being a huge patriarchal dickhead and treating that woman like shit as opposed to being a decent human and wanting me instead

>>18232526
the dumb normans deserve to get illuminakiked, seriously.

>>18235343
kek, not a single norman on twitter is believing their kikery anymore.
They really outted themselves as filthy liars when they disabled the LBMA convertibility into physical 2 weeks ago. They literally closed the doors of the building in London to be sure no one would try to force their way in lmao.
>e-everything is f-fine goyim, we never had so much gold&silver in our vaults!
>can i have mine then?
>NOOOOOOOOOOOOOO i m-mean we currently are cleaning the floors and it's too slippery, you could hurt yourself, we are closing for your own good!

>>18236920
>bang the open
its a classic trick

>>18236241

>imagine owning gold+silver and not also guns and lots of ammo

Firearms and ammo are the best hedge for the worst SHTF

>>18236945
what is a good amount of funs and ammo

>>18235308
How would cartels have 750,000 tonnes of gold? that is more than every countries official gold reserves combined. Not that the official reserve numbers can be trusted but still....

>>18236945
So there’s a law in America saying that if you buy gold and silver you’ll go to jail if you buy ammo and firearms also?

>>18237343
Drones

>>18234805
>If there was a currency reset tomorrow, then the likely value of the CAD$ would be $309695.52 to 1 troy ounce.
>$4,335,737.21 in gold and at 50:1 $10,839,343.00 in silver.
only problem is you're still valuing gold and silver in terms of fiat.
Let's try this with Venezuelan Bolivars:
1 ounce (31.1 grams) VES981,753.60
1 ounce (31.1 grams) VES122,567,610.69
Yes an ounce of silver got you a shit ton of monopoly money, but what is that monopoly money worth now? just the value of the paper. Would you trade an ounce of gold for money that can't buy shit anymore? I think the value will remain what it's always been. 100 years ago an ounce of silver bought a barrel of wheat. Today, it can also buy a barrel of wheat. Don't expect some miracle like the Weimar bellhop boy again to happen in your lifetime. Place your faith in your trade, labor and land. Best way to make it I say. Transfering what you have into pm's is still smart though.

Couldn't find end it all anon, but did find these two in archive.

Oh no no no.

Also fuck, I replied to a sicko. I'd better not catch your China AIDS, anon.

>>18237606
fuck fixed it
>1 ounce of silver (31.1 grams) VES981,753.60
>1 ounce of gold (31.1 grams) VES122,567,610.69

>>18237606
If what you say is true then there’d literally be no reason to even buy gold and silver because it isn’t like you go on nornally while everyone else is destitute.

There are billions more people on the planet today and the manipulation has been unprecedented.

I don’t know how it exactly plays out but you will make out like a bandit

>>18237606
>100 years ago an ounce of silver bought a barrel of wheat. Today, it can also buy a barrel of wheat.
Technology has massively improved since then and lowered the cost of producing a barrel of wheat significantly.

>>18237814
>If what you say is true then there’d literally be no reason to even buy gold and silver because it isn’t like you go on nornally while everyone else is destitute
What do you think happens if his fairy tale of an ounce of silver buying a house comes true? Everyone but silver hoarders go destitute, what's the difference? You either make out like a bandit and everyone goes destitute or you simply preserve the value of your labor and everyone else goes destitute. I just pointed out a scenario where a silver coin getting a shit ton of cash doesn't mean anything cause that cash is valued lower than dirt.

>>18232662
>>18234468
>>18236062
>>18236422
>>18236589

Not a single one of you seems to understand the difference between an ETF on the stock market and an actual gold bar which is in a vault, checked for daily, has an ID number, and is registered in your name.

>>18237876
>Technology has massively improved since then and lowered the cost of producing a barrel of wheat significantly.
A silver coin today will buy roughly what a silver coin did back then, technology be damned.

I bought CLR calls today, how did I do?

is UCO going to survive? Do I be rich now? Help me please

>>18238036
>>18238009
That's a man

>>18238036

*ahem*

that is a man.

Ausfag here, I work retail like a wagie so I don’t have much disposable income at the moment, however I’ve managed to grab about $1000 of PM in the past two weeks. Have 23 oz of silver and 3g of gold. Copped some hard flak from the senpai for throwing $1000 away on what they believe is a stupid investment, but seeing the AUD drop to 0.5 USD had me shit scared. Did I make a mistake converting to PM or should I keep going?

>>18231755

>doesn't understand deflation
>still voices his shitty opinion anyway

how about just shutting your cum hole, faggot

>>18234670

I've got 500oz silver and 4oz gold, will i make it?

>>18237895
If you don't hold it, you don't own it.

>>18238165
Your fine. You’ll have the wealth of a journeyman NBA veteran. Not lebron level but more than 99.9% of the plebs

>>18238045
Keep going faggot. Stop thinking in fiat and start thinking in ounces and weight. Economy is fucked.

Boomvestors, what are you guy's thoughts on moving into Japanese markets? Their masks and culture has left them basically untouched by corona and they're one of the only major steel/auto/electronics exporters not in shutdown mode right now. I figure they'll be filling a lot of the pent-up demand.

>>18237891
Your not supposed to trade back for FDR’s.... it’s for a new currency. And it won’t be an ounce of silver buying a home but an ounce of gold more so.... and maybe 40-50 or 100-200 ounces of silver.

Everyone goes destitute but you are the new owner of a mega apartment complex for a couple ounces of gold or whatever

>>18230837
Gold will stay crab or rise...the stimulus will only work to keep the everything bubble propped up for so long. Deflation won't last forever and when the music stops you better be in gold. Why do you think people are scrambling to buy physical now while its available? Its called foresight...planning for the inevitable. The dollar and gold will climb together to the astonishment of all. Then one day poof and the dollar collapses with all the other FIATs that have gone the way of the dodo.

>>18238756
Wtf I’m infected

>>18239038
Good post. And what are your thoughts on silver? And silver to gold ratio in all this

>>18230779
Checking In!

This reads like a bitcoin thread from 2-3 years ago.

>Keep buying bitcoin, when fiat collapses we will be the new elite. Just keep hoarding this one particular thing everyone else is too stupid to see apart from this Mongolian chicken farming board.

>>18239158
8-9 years ago*

>>18239158
except people have been saying this since the 1990s....

bitcoin as a concept came from the idea of a gold monetary system. that's why it's a "coin" and the "coins" are always gold colored.

here's the difference: you can track the revaluation of gold against government debt multiple times during the last century. you say a currency reset is impossible. i say it's happened 3 times in the 20th century alone. 1971 was essentially a default.

>>18230779
20 oz will = $500,000
1oz will = $25,000

Is it safe to buy gold online? Will it be confiscated easily due to paper trail? There seems no way they would let us become millionaires without taking it for themselves. Especially if there was a Bernie Sanders style president.

krugerrand vs eagle vs leaf?

>>18239515
We had capitalism before the federal reserve was created. The US was an economic powerhouse then

>>18237274
This might be true and if it is you reading this are a slave of sorts in the real life Matrix. Most of you reading this will not be smart enough to take this seriously. For that on anon who understands what I’m saying, good luck brother, there are others of us out there

>>18231871
Not that anon but I have a question and you definitely seem like you know your shit. I have a savings bond my great grandfather bought for me when I was a kid and its coming to the end of its time to occur interest. I was thinking about cashing it out, which should be around 10k, and putting that into whatever gold and silver I can buy IMMEDIATELY. However I'm being advised against it by my father as he suggests to keep it in until the inerest is done. However I cant help but feel like I'm gonna fuck up my only opportunity to really get a good stack before things change.
Whats your thoughts?

>>18239590
How much longer would it stay in and how much more cash would you get for it for keeping it in?

>>18239590
do it and tell your dad he's a fucking retard

>>18239590
Your instincts are correct. Get the fuck out now.... your dad is a boomer and doesn’t understand. Unironically boomers are even more brain dead than zoomers when it comes to muh shiny rocks. My dad went to univ of Chicago MBA program which is the best in the world. My childhood was a dream. He worked for power investment bank, and still does. I’ve been fucking shilling him on gold and silver for 5 years now almost weekly by phone or when with him. Everything I’ve said on this board for a year I’ve been telling him and he wouldn’t get even 5-10k worth when he probably has who knows how much in his retirement. And he still won’t do it now even tho he’s probably lost 1/3rd of his retirement already. It’s like a deer in headlights look or it’s the fact that he doesn’t want to admit that the finance he was taught and learned and what gave us a great life in the 80’s and 90’s was a result of complete fraud.

How much more could you make in interest? 5k? Who gives a fuck. That’s nothing anyway. That 10k can buy you a monster box. I’d take it out and go to coin shops and stay there if they don’t have any and wait for boomers selling for cash

>>18231579
my god this is fantastic new pasta, this is what I come here for!

>>18239389
>except people have been saying this since the 1990s....

And they’ve been right since the 90’s. And it’s starting to actually happen now.

It’s like Peter schiff... people say stupid shit about him like a broken clock is right twice a day.... well.... he’s never been wrong, he was just way ahead of everyone else realizing all this.

It’s just that most people are too self absorbed and self important and won’t give someone like schiff credit when all he is doing is trying to help people and has been right all along

>>18230837
I can't tell if you are retarded or pretending to be. Good job!

>>18239803
It’s not pasta. I wrote it out today via phone posting

>>18230779
what gold? I lost it all in a tragic boating accident.. aww geez dood.. I can't afford 350

>>18234460
>>18234589
>>18234857
Let's say one anon had 10-12,000 oz of silver.....
What would his life be like post reset?

>>18239904
God

>>18239618
Maybe a 5 years max. Not sure the rates at this moment but I feel like this is a sink or swim moment
>>18239695
>>18239707
Thanks anons, I appreciate the insight. I figured my dad might be wrong on this but needed the extra help. Wish me luck on finding shops that are open/supplied

>>18239929
So I can finely upgrade my 20 year old rust bucket?

>>18239934
Yeah dude I just went to get 100 more ounces yesterday and the dealer has the entire showcase empty, and was only taking appointments to buy or sell. You don’t have a lot of time. What state are you in? Near a populated area?

please jerome. please just let tomorrow be red. please god

>>18240001
CO. Pretty much live right in the middle of the state right off the I70 interstate. 2 hour drive for me to get to Denver. Doing some quick searching there are also some shops in Grand Junction

>>18239846
BJanon what’s up bud?
Glad to see you spreading knowledge.

>>18230837
>deflationary
Hahahahaha

>>18231363
>It’s traded on COMEX so it is a commodity
COMEX defaulted on gold and silver contracts retard

>>18240067
Go to Denver if you have to. Call all around. Even Santa Fe or albq. There’s a gold coin shop in Albq that I went to when I was there a month ago and had a good amount of supply.

>>18236638
>too easy for that bait.

>>18240073
How you been. We are getting close. I’ll be thinking of you when I’m getting a blowjob with a merc dime in my hand to hand to her after i nut in her face

Silvers gonna be the big winner here
Gold will most likely be confiscated to back the new dollar

>>18240114
Sounds like a plan, thanks. Tomorrow morning I'm on a mission

>>18240158
It won’t be vindicated they’ll have to offer a good deal for it. Virtually all Americans don’t even own 1 ounce of gold

>>18231318
>Not owning your metals physically
Do retards do this?

42 = q anon kys

>>18240129
That’s living.

>>18240189
>Do retards do this?
Yes.

>>18238756
I never said trade back for dollars. I said the other guy was valuing pm's in fiat. And made the comparison to pm's getting you a shit ton of Venezuelan fiat, which is worthless now. And how historically a silver ounce buys today what it did over 100 years ago. Expect pm's to do nothing but preserve its current buying power, the shift into a new fiat currency won't be as smooth as you think, and most likely won't be backed by gold or silver, but gold and silver will prob keep its value, so you can trade back at whatever spot is then for the new fiat.
>>18239063
I coofed on you

>>18240407
lol I PASSED MY COOF TO (YOU)>>18239063

Question for the whole thread: I only have a few hundred dollars to buy with, should I buy a few grams of gold or a lot of silver?

>>18240565
Silver

>>18240565
would go with silver as it will be easier to portion out in the event that prices increase. also, the price ratio between gold and silver is the highest it's ever been, so a lot of people argue that silver will gain value relative to gold.

Are we ever going to see Boeing back down at 95? Fuck.

>>18240832
No(t yet).

You retards really think governments and corporations will let silver get up to over something like $85 max?

New flash: Lot of stuff using Silver and even Gold to some extent, this will ALWAYS limit the fiat max for these metals.

You'll make some money and preserve your wealth yes, but all this talk by retards about buying city blocks with an ounce of gold is just pants on head retarded.

>>18240774
>>18240778
Thanks anons. Anything in particular you recommend?

>>18240850
A month ago, you could have made the same argument about oil prices, but times are changing. I believe that the actual price of Silver is soon going to slip completely out from under the thumb of those kikes manipulating the spot price, then things will be interesting.

>>18240874
Just regular rounds.

>>18232701
My friend Schlomo, he’s also my barber, has 1 oz silver coins at 200 each. Given what you are saying, I think I will buy twenty or so. Also, I have a little extra cash right now because I decided not to pay rent until after the corna virus thing blows over. So I have about $3600. Given what you are saying, I am definitely buying these coins!

>>18230802
based and hyperinflation pilled

>>18241106

>>18230779
how the fuck do you buy gold or silver without sales tax? i'm not paying that far over spot fuck the government.

>>18242378
Im having sex guys

>>18230779
I work at gold mines and live in a town surrounded by them. gold gold gold every fucking day gold every fucking minute gold. fuck gold.

What will be the place of crytpo in a silver/gold standard NWO?

>>18230779
3.5 oz

>>18230779

There is not a single american eagle left at my stores in the surrounding cities.
Wtf did you guys do?