/biz/ - Business & Finance

>>28133499
Not at all, cause that's a pretty based thing to do.

>>28133499
Your dad is a cool guy. Tell him you love him today.

>>28133499
Hello? Based Dept? At least have him invest in some security/store it in different areas if it's his entire life savings.

>>28133499
Based af. Explain to him how bitcoin works and how he would hoard it on a cold wallet. Be a good boy.

>>28133499
You’re a faggot for going against such a based decision. Call and apologize right now for anything mean you’ve said to him and maybe he’ll throw you a mercury when SHTF.

>>28133499
Man made what is quite literally the best long-term decision

>>28133499
He is unironically gonna make it.

>>28133499
he actually has money
you have scamcoins

Depends. Do you live in a diverse neighborhood?

>putting money into heavily manipulated metals on the eve of the megamoon crypto GBR
why

>>28133499
I'm sorry for him to have such a faggot son

He’s not going to make it. Gold and silver are low IQ investments

>buying commodities with inherent value instead of funny internet money
ngmi

>>28133499
He's fucked.
The spread and the fees those kike gold dealers will charge him on exit negate any returns at all.

Cool thing to do but you're losing money the moment you hold it.

He just lost like 15% of his net worth to premiums, so by 2025 he should be back at square 1 as far as dollars, but square 1,000,000 as far as him being based.

>>28133499
It's not a bad thing to have an armful of PMs incase shit hits the fan and the entire system goes down. More of an emergency fund than anything.

>>28133797
He refuses to get a safety deposit box because he read some article in Boomer Weekly about a guy who's dementia-ridden father told him on his deathbed that he had a safety deposit box.
The firm had no record of his father holding a SDB with them, nor did the writer have any record himself despite searching through all of his father's documents but was still adamant that the firm had stolen his father's assets and destroyed the records rather than accepting that his father was delusion in his final moments

>>28133499
you need at least 20oz of gold + silver/gold coins for a legit go-bag if shit really hits the fan.

>>28133499
You're a lucky Son.

>>28133499
>not fiat
>track record of a few millennia as a currency
based and precious-metal-pilled

>>28134220
He's completely certain that silver will moon 100x in his lifetime and even bought his first ever bottle of champagne when he heard WSB were trying to manipulate the silver price as they did with $GME

>>28133499
Based

>>28133850
based
OP what does this look like to you? What do you see when you see this?

>>28134596
That's not entirely true, coinage was the norm in the Bronze Age and Middle Ages. People thought you could just use alchemy to make unlimited silver and gold.

My dad spent his entire life savings on BTC when it was $10 and he told me to do the same. I told him that crypto was a scam and he was going to lose all of his money. His current net worth is $3B and he's not leaving me any money in his will when he dies.

>>28135473
Thanks for the interesting addendum to my comment anon!

Imagine unironically thinking stacking gold and silver is a bad thing

>>28136030
Isaac Newton's alchemy dabbling was actually pen testing gold. It made international trade much easier since you could trade bars instead of worrying if the coin came from a trustworthy kingdom.

>>28133499
>lucky faggot with a rich based boomer dad!

>>28133499
not fucked at all.

he'll enjoy his gains during the Biden hyper inflationary depression

>>28133499
just tell him not too fall for grifters and to not take their words seriously

Based and romantic

>>28135575

Good

>>28133499

Only things missing are some good mining stocks like Bayhorse Silver and First Majestic for the leveraged gains

>>28133499
Where exactly is his wardrobe?

>>28134426
what does SHTF look like?

>>28133499
he is ensuring you will still have an inheritance after the jews collapse our global financial system you ungrateful little faggot

>>28133499
The man who gave you your Y is an alex jones listening tool? I would sterilize myself and kill all my siblings just to keep that shit from spreading.

>>28133499
Not fucked at all. Solid investment if SHTF. Do not do a safe. Make a decoy then hide the rest in inconspicuous places like coffee tins in a bunch of junk. The precious metals general on here has a bunch of info about bullion and stacking and would be able to help discern if he got ripped off by prices. But generally speaking gold/silver are good to buy desu

>>28133499

>>28137933
this

The democrats are spending 350 billion dollars, guess how many billions from that will go into physical silver at the current low low discount big tech manufacturing price of $30 /0z by MAGA silver chads??

COOMEX WILL BE REKT, LBMA WILL FOLLOW AND US UK WILL NO LONGER HAVE THE POWER TO MAKE METALS PRICE DISCOVERY = METALS HYPERINFLATION! EVERY COUNTRY WILL WANT THEIR GOLD BACK!!

US UK HAVE TO LITERALLY START A NUKE WAR AND CREATE GLOBAL INSECURITY BECAUSE IF THEY LOSE THE METALS MARKET, US/UK CITIZENS NO LONGER HAVE FIAT CREDIT!

VISA CARDS WILL STOP WORKING! METALS PANIC OF DEFAULT IS THE SHTF FOR WESTERN GLOBAL BANKING SYSTEM! ONLY DEBITS WILL WORK ALL CREDIT CARDS WILL BE CANCELED AND LOANS CALLED IN. RICH TRUST FUNDS WITH PAPER SILVER AND GOLD WILL GO BELLY UP!!!

ITS GONNA BE SUICIDE TIME! FINANCE BOOMERS ARE GONNA BE DOING A FLIP FROM THEIR HIGH RISE HQS BEFORE THE SHIT STORM ENDS WITH A METALS STANDARD....GOD ONLY KNOWS WHERE THE GOLD MARKET PRICE DISCOVERY POINT IS GOING TO GO NEXT!

>>28133499
kek, better then the GME fags

>>28134343
>Safety deposit box
Literally no reason to store that shit at a bank

>>28133499
Boomer here. Your dad sounds great. You're going to be begging him for food when your latest fad cryptograph coin gets hacked and stolen by the chinese.

>>28133499
Less fucked than anyone holding fiat, less than stock or coin holders.

>>28140056
He has been preparing for a compete societal collapse for years now and had 1 year's worth of food in storage even before COVID. He expects silver to moon x100 minimum within the next few years

>>28133499
>Alex Jones told him too
AJ is never wrong

Alex jones and this place is not far apart if you think about it so you and your dad are both fucked

He's fine. He's going to be absolutely fine.

>>28141427
Pol is probably the place where Alex Jones rants about the Jews.