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/biz/ - Business & Finance


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30187189 No.30187189 [Reply] [Original]

You have been paying attention, right?

You aren't sleep walking through life, right?

You aren't missing out on the greatest transfer of wealth in human history and destining your descendants to another 5000 years of slavery, right?

>> No.30187226

>>30187189
not buying your mineral bags

>> No.30187261

>>30187189
Imagine buying rocks when Elon is going to reach out the window and lasso one on his way to Mars.

>> No.30187323
File: 680 KB, 771x723, you there.png [View same] [iqdb] [saucenao] [google]
30187323

you better be watching the 10 year yield

>> No.30187330

>>30187261
nato will not let him bring it into the united earth.

>> No.30187367

>>30187189
Swear gold bugs have said this same shit every 5 years since the Great Depression.

>> No.30187375

>>30187261
>there are actually people naive enough to think that asteroid mining will be even remotely viable in the next 1000 years

>> No.30187390

>>30187189
Warren Buffet literally has billions of dollars in stock and $0 in silver.

>> No.30187393

>>30187189
no one will buy shiny rocks

>> No.30187520

>>30187390
>Warren Buffet literally has billions of dollars in stock and $0 in silver.

so warren buffet is great when he FUD's gold but a boomer cuck when he FUD's your vaporware?

>> No.30187541

>>30187375
>1000 years
peak delusion

>> No.30187576

>>30187189
Gold and silver are not as good store of value as they used to be. They are impractical to in today's world and what's even worse is that their use in industry has increased.

>> No.30187635

>>30187520
Where did I say that he was great or that he was a boomer cuck? Just pointing out inaccuracies in the screencap after a 25 second glance over it which makes me think that it, like you, is absolutely worthless.

>> No.30187988

>>30187576
>what's even worse is that their use in industry has increased.

>demand increases
>this is a bad thing for a store of value

what a retard

>> No.30188016

>>30187541
He's right though. Mining requires a huge amount of stupidly large and heavy equipment. To run such an operation you need to find a way to get all of that into space, then coordinate landing on an asteroid, while then also landing workers and shuttling them to and from the asteroid, or setting up a base which is even more complex. It's absurd that people think its just 'hurr we'll fly to an asteroid and pick up some rocks', have you ever seen what an actual mining operation looks like? Now try imagining that all in 0G in space and getting that up there successfully in the first place. We'll never ever see something like that in our lifetime I guarantee you/

>> No.30188078

>>30187189
>thinking that yid curve control is bearish for the market
Shiny rock holders are THAT stupid. Oh it's coming alright and it'll bump the market into an even bigger frenzy

>> No.30188174

>>30188078
>he thinks nominal gains = real gains

go ask the Venezuelans how they're enjoying their equity 'gains' you dumb fucking cunt.

>> No.30188224

>>30187541
asteroid mining does sound like peak delusion, but so does this silver/gold hoarding. Buy land, food and guns if you worry about a big depression faggots

>> No.30188228

>>30187988
And that is why you will never make it. Why is oil not a store of value then? Why wasn't coal ever used as store of value? Are you telling me I'm suppose to hoard silicon?
You don't even know what gave gold and silver value.

>> No.30188226

>>30188174
>muh hyperinflation
Oh it's coming alright but only if the economy opens up which it will not. You're underestimating how rigged this game is

>> No.30188236

>>30187375
we went from wooden-paper planes to reusable rockets in around 100 years.

You are not realising what Accelerating change is.

50 years max for asteroid mining.

>> No.30188307

>>30188016
This is now an asteroid mining thread.

>> No.30188386

What happened to crypto last time stocks tanked? Are my shitcoin gains safe?

>> No.30188389

>>30187189
why no crypto ?

>> No.30188401

>>30188016
>We'll never ever see something like that in our lifetime
We don't need to see it in our lifetime to have the fud of it affect the price in our lifetime. If it becomes plausible, it becomes priced in

>> No.30188446

>>30187189
I actually talked with a friend about this post yesterday. That's the saddest shit ever. Imagine watching your gold bleed since August, while Bitcoin moons x5-x6.

>> No.30188476
File: 1.34 MB, 1080x2340, Screenshot_2021-03-04-04-13-43-865_com.google.android.apps.docs.jpg [View same] [iqdb] [saucenao] [google]
30188476

>glowies vs. shiny rock schizos
God capitalsim is funny, when are you retards gonna take the commie pill

>> No.30188483

>>30187189
yield went up to 1.45 just a few days ago and nothing happened. I'm not saying he's wrong, but we have more wiggle room than he thinks in that doom porn post of his. They will fuck around with the yields from 0% to 1.5% until something breaks. They can probably pull this off for another 2-3-5 years.

>> No.30188534

>>30188386
>BTC is now worth 500K USD
>USD has depreciated 500%

>> No.30188550

>>30187189
>>30187189
this is boomer tier fud from the john birch days. don't get me wrong, they were correct about many things. However death of the US by way of hyperinflation is greatly spoken about and forever be an incorrect prediction.
They would shift over to CBDCs before there was literal blood or widespread hunger in the streets.
Most normies didn't even notice the great recession, it will be the same when we switch to digital transactions.
Now don't get me wrong, I'm against the mark of the beast, but it looks like we are beyond the point of having a choice in the matter.

>> No.30188551

>>30188476
>God capitalsim is funny, when are you retards gonna take the commie pill
FUCK OFF KLAUS

>> No.30188572

>>30188550
>They would shift over to CBDCs before there was literal blood or widespread hunger in the streets.
Explain how CBDCs fundamentally fix inflation. They don't.

>> No.30188581

>>30188226
would not more economic activity create deflationary pressure because currency is being used more?

>> No.30188603

>>30188581
are you retarded?
economic activity increases the velocity of money which increases inflation

>> No.30188617

>>30188550
This is what I think as well. They'll just reset it with CBDCs and rebrand financial institutions.

>> No.30188646

>>30188581
No, declining economic activity increases deflation, because declining economics means less transactions meaning more people are holding on to dollars or the assets they already have.
Of course you can fix this by just printing more and more money... but that devalues the currency and makes assets in that country lose real value.

>> No.30188657

>>30188550
Man you are behind the curve.
They allow for negative interest rates because the possibility of hording dollar bills in a hole out back goes to zero. Negative interest rates can only succeed in cashless economies, see norway/sweden example.

>> No.30188709

>>30188646
>more people are holding on to dollars or the assets they already have.
then what are they spending to cause all of those transactions?
>>30188603
bro don't call me retarded

>> No.30188723

>>30187323
We know greg.

>> No.30188804

>>30188657
>Negative interest rates can only succeed in cashless economies, see norway/sweden example
Wrong. Negative/low interest rates/money printing works in places like Japan too. They rely on cash way more than most other countries. Yet despite printing like crazy and their economy never reaching the peaks it did previously, it still comfortably grows 1-2% and people's money doesn't become worthless. Why can't this happen to the US?
Because Japan actually makes shit and contributes economic activity and the US doesn't. Japan is a massive creditor nation while the US has been the biggest debtor nation since the 80s. These other countries are okay with devaluing their own currency because their economies back home stay healthy enough and their capital can fly to the dollar or US assets. Everyone's living in the US's house and it's about to burn down.

>> No.30188853

>>30188657
whoops this was meant for (You)
>>30188572

>> No.30188933

>>30188804
so what is the EU and US plan to implement negative rates?

>> No.30188990
File: 111 KB, 1131x858, 1614239914050.jpg [View same] [iqdb] [saucenao] [google]
30188990

>>30187189
rio tinto seems like a buy rrrright???

>> No.30188992

>>30187189
>still shilling silver
Mate, I have two words for you.
Foreign Exchange.

>> No.30188998

>>30188016
>to get all of that into space
Done. SpacEx superheavy.
you are an idiot btw

>> No.30189006

>>30187189
Let the entire system they rely on for slavery to blow up or get out of markets and crash them on the people like always . Hmmmm I wonder which one they’ll choose. The stupid majority always ends up paying the bill ...every fucking time.

>> No.30189032

>>30188990
I’m looking to get a job for them, so yes, pump that share price, I need a job.

>> No.30189070

>>30188476
the only communist countries still existing today are quasi capitalistic, because communism is a idea that can only work in someone's head, but not reality

>> No.30189086

>>30188933
> the EU and US plan to implement negative rates?
EU's plan is the same as every other country's, use yields to print money and then buy up US assets. OFC they don't make as much shit as in asia so they're in more danger, but there are some things like German cars and french clothing and whatnot.
The US on the other hand, they don't have a plan. They are FUCKED. There is no way out of this. This is why the OP's image is true. We don't have a real economy, all we have is debt, and we can either default on those debts and the value of our economy will die, or we can print away all those debts and devalue our debt backed fiat dollar.

>> No.30189127
File: 48 KB, 1541x235, FX is where its at.png [View same] [iqdb] [saucenao] [google]
30189127

>>30188992

>> No.30189138

>>30188990
If they keep blowing up aboriginal sites, not so much.
>muh niggers
Shut the fuck up.

>> No.30189140

>>30189086
>The US on the other hand, they don't have a plan. They are FUCKED. There is no way out of this.
you sound hysterical

>> No.30189170
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30189170

>>30187261
>asteroid mining
you are retarded

>> No.30189173

>>30188228
>Why is oil not a store of value then? Why wasn't coal ever used as store of value?

holy shit you STUPID CUNT. what is the tangible difference between coal, oil, and gold and silver?

>coal and oil have vast supplies
>coal and oil are not easily durable, divisible, transferable(due to their large quantities)
>because of their abundance and utility they are primarily utilised as industrial commodities
>they make for awful mediums of exchange and not good stores of value(although they are much better than fiat of course)

>You dont even know what gave gold and silver value.

I can assure you I know a tremendous amount more than yourself, who cant even figure out for himself the difference between coal and gold

>> No.30189193

>>30189140
>you sound hysterical
and you sound like a faggot, you can't even make an argument. You know it's true.

>> No.30189241

>>30189127
holy fuck you rich, teach me your ways. How much leverage are you using?

>> No.30189254
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30189254

>>30188483
>yield went up to 1.45 just a few days ago and nothing happened

Ahh anon have you been on holiday? Global stock markets have been selling off since yields hit 1.5%. Australia's yields got so high and the markets dropped so much their central bank immediately doubled their QE program to $4 billion a day.

>> No.30189274

>>30189138
eventually there won't be any aboriginal sites left, and from there on its only upside i guess

>> No.30189292

>>30188992
>>30189127
>forex

kek fuck off back to instagram and shill some normies who im sure still fall for this scam

>> No.30189326

>>30188236
Desu. Retards dont get it

>> No.30189351

>>30189292
This is /biz/ during bullrun, I’m sure he will attract some retards here as well.

>> No.30189380

>>30189241
First a little, then a lot. Rollover for years (like DFV did on GME).
FX is inherently leveraged. Contracts are 100,000x each so small margins lead to huge exposure.

FX is influenced by multiple factors and short term volatility is shit, but long term trends always win out.

If I see ZAR go to 25/1 to GBP, I sell GBP to buy ZAR.
If it goes to 17 (pic was rel) then I buy GBP and sell ZAR.
Its range bound enough.

What OP is retarded about is trying to hoard silver and earn a few bucks. Rather sell USD for a mroe stable cross and make a tonne of money.

>> No.30189389

>>30189193
>you can't even make an argument.
this is were you are wrong. I'm saving myself the time spent talking to a hysterical person.

>> No.30189408

CRYPTOOOO IS THE NEW GOLD!!! FUCK MY ETH BAGS ARE SO LIGHT I"M GONNNA COOOOOOMMMMM

>> No.30189482
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30189482

>>30189389
>this is were you are wrong. I'm saving myself the time spent talking to a hysterical person.
>I-I totally h-have an a-a-argument and I'm just not telling!

>> No.30189607

>>30189292
>>30189351
As opposed to what? Shilling silver with your grandma's little hoard? Why don't you go buy $100 of bonds while you're at it.

>> No.30189646

>>30188016
Yeah, we have never seen any heavy equipment put into space, how sad.

>> No.30189647

>>30189482
>I-I'm totally n-not hysterical b-boomer!

>> No.30189669

>>30189607
>go buy worthless debt instruments

nah ill leave that to you, mastermind

>> No.30189722

>>30189647
If I'm hysterical you can prove me wrong.
You can't, pussy. Try it.

>> No.30189766

>>30189669
Yet you miss the obviousness that you're shilling silver... a worthless instrument.
Have fun bud. See you on the other side.

>> No.30189832

>>30189173
You're so emotionally invested in your shiny rocks that you missed the point. Price of industrial commodities always eventually falls down to their intrinsic value and gold's intrinsic value is most definitely lower than its speculative value.
Now I'm not saying that gold will lose its status as a store of value any time soon, I just pointed out that it's impractical to use in digital age and that its increase use in industry is bad for it being priced as a store of value.

>> No.30189930
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30189930

>>30188646
>printing money devalues physical assets
No, it makes me a debtmaxxx genius for converting all my potential low interest long term loans into good assets/values

>> No.30190081

>>30189930
Yup, you're right, that's true.
Until you can't pay back those loans anymore because the economy killed itself.
Owning rental properties is a good example of this, what are you going to do when moratoriums end and millions of people become homeless? There are double digit percentages right now for loan/rent deliquency and unemployment. Then how are you going to pay for your 30 year loans on your 2nd/3rd/4th/5th property?
Ofc the fed can fix this by just giving companies free money to hire people, but again, that results in hyperinflation as the true value of those dollars go away and that's what 'll end up making your assets toxic.

>> No.30190122
File: 38 KB, 800x600, c_DXY-12.png [View same] [iqdb] [saucenao] [google]
30190122

Just bought 100,000 dollars.

>> No.30190203

>>30188016
The gains will be immediate due to asteroid mining futures. Robots will do most of it. You are underestimating current and future technology.

>> No.30190241

>>30190122
what about that chart makes you think its going up? If anything it looks like a sell opportunity. I'm shit at FX its a serious question I want to know. All I can kinda see is the inverted head and shoulders (above the 2021) label....

>> No.30190342

>>30187261
this has to be a joke but asteroid mining even if it does happen is a clear fucking sell signal and we would all know about it so id just sell my metals when the first ship goes up

>> No.30190361

>>30188236
Don't tell him, he believes nothing changes.
We might see private mining in our lifetime. God the resources up there would accelerate technology so much...

>> No.30190366

>>30188016
Step 1: Build base on the moon
Step 2: Put a rock in moon orbit
Step 3: ???
Step 4: Profit

>> No.30190395

>>30188646
>but that devalues the currency and makes assets in that country lose real value
Unless every other country in the world has high demand for your currency. You guys realize that with fednow and the IMF's newly created SDR system build on Ripple the liquidity crisis will be solved and inflation will not be realized in the US. Look up Keynes proposed Bancor system from the Bretton Woods agreement. This is what the the great reset is all about. This is the next stage after the post-WWII era of global trade. We are going to witness economic growth like never before. Yes, it will be a bubble too, but for now, get the fuck ready.

>> No.30190498

>>30187189
>Silver crashed to 11$ during rona, gold with unlimited printing continues to crash now. no hard feelings kid

>> No.30190649

>>30190081
Wait, if you take loans to buy real assets and then the dollar is devalued, that means paying your debt is easier. You can sell a fraction of your assets to pay off your debt because the dollar value of your assets has gone up and the principal on the loan stays the same. You just need to exit at the right time and keep your free assets. Aren't there better assets than rental properties for this scenario?

>> No.30190758

>>30190649
I don't know this for fact but I'd assume rural land, because people need food and so it will freely inflate as required by demand and the will to supply. That's what I'm doing, but me and the mrs wanted a hobby farm anyway.

>> No.30190795

>>30187189
True and based. But dont expect any retards here to understand precious metals

>> No.30190817

>>30187189
>gold is hard to find
>gold is hard to mine
>this hits 2 days ago
>https://twitter.com/AfricaFactsZone/status/1366751421941579782
imagine buying fuckin useless commodity after a bull market, when tyrones are getting kilos with handmade shovel in Congo.

Gold is way lower, and probably not touching 2000's for 5+ years.

Covid drama has been almost over, vacinnes are rolled out, and Jews are not letting people back to gold or silver standard.

Lincoln and JFK who tried to get fiat backed by metal, got shot in the head.

Silver is also a byproduct of copper, and can be literally created from fuckin copper trash, then from silver trash, gold is created.

>https://www.youtube.com/watch?v=1vNM9vrX8Wg

here's the KGHM process, the 2nd biggest silver producer in the world.

Silver is not fuckin mined there, this is just byproduct of copper, and gold is byproduct of silver.

Literally fuckin infinite supply, because copper is not rare.

Welcome to the world of advanced technology boomer

>> No.30190839
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30190839

I prefer digital gold as a hedge against hyper inflation

>> No.30190884

>>30190817
>Gold is way lower
GOLD IS HEADING way lower, same with Silver. fuckin moonboys from reddit talking about squeezing JPM lmao. GME mania part 2.

Silver will be probably 12-15$ this year, all normies will sell at the bottom, and rebuy at 25$ in 2 years.

>> No.30190893
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30190893

>>30190366
>Step 1: Build base on the moon

>> No.30190918

>>30190395
>great reset schizo
Don't you realize, even if the great reset DOES happen, first there'll be massive amounts of displacement and economic damage? At least according to the WEF.
Do you even know where the demand for the dollar comes from? Hint: it's not for US made goods. It comes from USD denominated assets, and at the very core, USD denominated DEBT. If you hyperinflate and the debt becomes worthless, so too does the value of those assets even though the "price" goes up.
>>30190649
>You can sell a fraction of your assets to pay off your debt
Who are you going to sell your assets to? The people who were renting it who now have valueless dollars whose wages can't match inflation? Or landlords who, just like you, won't be able to find any renters? If the underlying economy is fucked there's no way out of it without putting your capital in a different economy, and if you're participating in the US debt system then your capital is locked in.

>> No.30190931

>>30188016
This. They cant barely land rockets on earth, but they will asteroid mining. Just hilarious

>> No.30190964

>>30188236
We can't even land a man on the moon with modern technology, according to NASA themselves.
Fucking LOL at you Trekkies.

>> No.30190966

>>30190649
Yes, this is why rich people are driving up the cost of everything from Rolexs to old muscle cars.
Will a off year barracuda be worth more than it is now? Prob not, it's overvalued as fuck but relative to the dollar if it inflates? Its still a huge fucking win.
Farmers had barns full of pianos, trinkets and cars last time this was a real concern.

>> No.30191011

ok how long do we have until hyperalation?

>> No.30191079
File: 455 KB, 1170x1440, 1614841096854.png [View same] [iqdb] [saucenao] [google]
30191079

>>30191011

>> No.30191117

>>30187189
ok OP lets say you’re actually,right and the US dollar goes bonkers and inflates to hell

how does holding stocks on metals,whose price is decided by supply and demand via fiat?,how does it exactly help you survive the impedning collapse?

>> No.30191139

>>30191079
I love this chart, it's going so parabolic the line's almost going to the top left instead of top right. Fun times.

>> No.30191147

>>30190918
>everything is going g to worst possible case in every way, blah blah buy gold
No, I am in an "asset system" and the worse it does the better position I am in to pay back the debt. If rent goes from 2,000 to 20,000, the Government employees I rent to will just get paid more funny money. And I will pay off my assets.
>but what if (retarded scenario here)
Buy food and ammo then, you are still retarded so I am still in a better position.

>> No.30191197

>>30190918
>
so essentially you are fucked? rich get richer and everyone else completely fucked?

>> No.30191247

>>30190817
oof, you really shouldn't be commenting on how elements work with your highschool diploma, buddy.

>> No.30191254

>>30191147
>No, I am in an "asset system" and the worse it does the better position I am in to pay back the debt. If rent goes from 2,000 to 20,000, the Government employees I rent to will just get paid more funny money. And I will pay off my assets.
Yes, you will pay off your assets. And your assets will be worthless in real value, because they are denominated in funny money, like you've said. Venezuela didn't exactly have a property boom during their inflation, they had a gold and bitcoin boom.
>Buy food and ammo then, you are still retarded so I am still in a better position.
Nah I'll just park my capital into easily transferrable assets in offshore economies and leave while all your money is locked into rapidly devaluing assets.

>> No.30191352

>>30191197
Kind of. Rich people are rich because they own a lot of assets. Well, sure poor people are going to get poor if the dollar collapses, but the rich are also going to feel some pain as their assets also devalue.
People in other economies that don't have heavy trade deficits are the ones who are going to see that wealth pour into them. Japan, China, pretty much any creditor nation honestly. That's how the US built its wealth in the first place pre-fiat.

>> No.30191411

>>30188236
>>we went from wooden-paper planes to reusable rockets in around 100 years.
>
>You are not realising what Accelerating change is.
>
>50 years max for asteroid mining.
this is your brain atheism who fucking love science

>> No.30191484

>>30191247
its literally in the video, they are using trash from copper and then beam it to create silver , and same with silver>gold.

Process is a company secret but they shit out so much silver they are 2nd producer in the world.

They are mining only copper. you fuckin pajeet

>> No.30191512

>>30190758
Probably why Gates is buying so much.
>>30190918
>schizo
>implying this isn't openly planned for
It's happening.
> If the underlying economy is fucked there's no way out of it without putting your capital in a different economy
>exactly the point of the bancor style system
I think you just answered your own question about who to sell your assets to. Liquidity will be easier than ever. Adapt.

>> No.30191543

>>30191254
>US is going Venezuela
>the only way my position makes sense is complete collapse
>complete collapse is the only thing I will talk about and consider
K, then buy ammo and food, which I did years ago because, duh
But this is why you are probably poor, because you let these extreme positions prevent your from dealing with reality.

>> No.30191549

>>30189086
the US has the USD, which is what everybody wants

EU is way more fucked than the US. EU has systemic problems, even if magically all the european bureaucrats were suddenly smarts. the US bounce back super easily

>> No.30191587

>>30187226
>implying they're for sale

>> No.30191595

>>30191512
That's the thing. Other currencies are going to suffer too, not just the USD. Other countries have devalued their currencies by a shitton because infinite printing for creditor nations makes it cheaper to get into USD/US debts/US assets. My point is to park your capital into ownership of foreign assets, not foreign money. Foreign fiat is still fiat.

>> No.30191601

I hold BITCOIN, lmao, I don't give a fuck what the fed does. 21,000,000.

>> No.30191622

>>30190241
Not him, but:
Head and shoulders (or inverted) is more helpful for stocks, where you have fundamentals that generate cash flows.

FX is more influenced by interest rates, headline inflation (lol), trade balances, and more importantly money supply (M3 in particular).
Buying USD when it is "cheap", all other things constant, is a value based play on the USD returning to a long run balance.

Basically anon here is betting that by going long on DXY, foreign currencies will weaken comparative to the dollar. Heaviest weighting in on the Euro, so will see if EU stimulus is more generous than the US Fed, and if so then M3 expands faster in the EU than the US, leading to a relative climb in the value of DXY and profit for anon.

I *personally* think that monetary expansion in the US is outpacing other international markets, and so would take the opposite view (currently exploring GBP/USD call options to trade on this). However I see Canadian monetary supply is outpacing even the US. I would expect that relative to CAD, USD will strengthen before the year is out.

>> No.30191676

>>30191549
>the US has the USD, which is what everybody wants
Hold on. Think about this for a second. Why does everyone want USD? Please look this up. What usage does USD have? Because the US doesn't produce goods denominated in USD that other countries want, that's how other countries do it, but we have a massive trade deficit.
It's because of dollar denominated debt. If that debt disappears because of hyperinflation, so does the dollar. If the debts default because of deflation, so do US assets. It's 100% fucked.

>> No.30191722

>>30187189
>has to be one of these two options
>he doesnt know about the glow coins

>> No.30191753

>>30191543
>K, then buy ammo and food, which I did years ago because, duh
>But this is why you are probably poor, because you let these extreme positions prevent your from dealing with reality.
I'm not poor, I'm not up to my eyeballs in debt and I fully own real assets that I can easily transfer to other countries should the US collapse.
Only poor people need guns and ammo, they're the ones who are gonna be stuck in the US.

>> No.30191755

>>30191595
You don't seem to realize this problem is solved.
>Bancor would not be an international currency. It would rather be a unit of account used to track international flows of assets and liabilities, which would be conducted through the International Clearing Union
The "clearing union" is being made possible through distributed ledger systems. More relevant:
>Surplus countries with excess bancor assets and deficit countries with excess bancor liabilities would both be charged to provide symmetrical incentives on them to take action to restore balanced trade.

>> No.30191768

>>30191139>>30191011

>>30191079
i love how he changes the definition of inflation lol

anyway there wont be inflation
-technology is still progressing and this is huge deflationary
-US has lots of unemployed youth
-lots of dollars still go to india and china, making goods still cheap

so no, for the following 3 years, zero inflation

>> No.30191771

>>30191595
He is going to open up his robinhood account "the day the market dies" and Google "how to buy £".
Basically:
"park my capital into easily transferrable assets in offshore economies and leave while all your money is locked into rapidly devaluing assets."

>> No.30191828

>>30191755
>to track international flows of assets and liabilities, which would be conducted through the International Clearing Union
You don't understand. A system that's better at tracking the real value of those assets/economy through hyperinflation is BAD for the US. Those assets will get you mere pennies of real value on the dollar, because the US's economy is intrinsically fucked.

>> No.30191862

>>30187330
Spacegrug no share rock with earthgrug

>> No.30191871

>>30191771
Or I can do what venezuelans, niggerians, zimbabweans, and other citizens in collapsing economies did.
Buy bitcoin/buy gold, get the fuck out, sell for euro/yen/whatever when you're in the other country. We're in a golden era of capital flight.

>> No.30191910

>>30189832
>>30189832
Going to step on here for the other guy. The point of investing in shiny rocks is twofold. Traditionally, the first reason is a diversification of portfolio and a hedge against downturn in the market. Traditionally when markets become unstable, people turn to PMs because they are more stable.

Now the real reason most of us are in on silver has nothing to do with that, or what you're arguing. Nobody thinks PMs are going to outperform the Fed-pumped market. Most of us think the economy is going to hard fall in the future because of all of the government intervention. As a result, we want something that has always been considered valuable, and effective for bartering. I own ETFs, guns/ammo, food, solar energy systems, and PMs. And HBAR lol.

>> No.30191942

>>30190342
>selling when the first ship goes up
Too late.
The market will get flooded with PMs once they finish discussions about mining behind closed doors and they have mathematical guarantees of success. By the time the first official mining ship goes up, you're going to need to pay people to take your PMs from you.

>> No.30191943

>>30191768
>-technology is still progressing and this is huge deflationary
>-US has lots of unemployed youth
>-lots of dollars still go to india and china, making goods still cheap
Only if the FED stops printing money because they think it's unsustainable. We could have a deflationary collapse if they decide to do that, but they've been fully intent so far on not doing that, and they've already printed shittons of money that's had no effect on the real economy outside the stock market. Either way, buckle up.

>> No.30191960

>>30191753
>>>30191543 (You)
>I'm not poor, I'm not up to my eyeballs in debt and I fully own real assets that I can easily transfer to other countries should the US collapse.

>"park my capital into easily transferrable assets in offshore economies and leave while all your money is locked into rapidly devaluing assets."
So which is it?
You think we are going to have a end of the world economic event and you are going to use your Saint Kitts passport to wheel your silver dimes to the UK?
(Are secret backup Saint Kitts passports still what new money is talking about or is that so 2010?)

>> No.30192001

>>30187189
McDonald's isn't gonna be taking silver for their burgers

>> No.30192010

>>30191960
I don't understand your point. Are you trying to tell me that assets that I 100% own without debt aren't real? If I want to avoid a fiat crises why would I park my money in fiat?

>> No.30192011

>US dollar is totally weak, they abandoned the gold standard
>US is only nation with semi serious space program
What if the dollar is still gold backed and it's backed with a bunch of hoarded space gold in Area 51? Meaning its actually stronger than ever and everything happening right now is a mind game?

>> No.30192018

>>30188236
Lmao peak delusion. Look around you bud. Last time we went to the moon was 1969. We can barely get out of the atmosphere now. They’re already puzzled at the old engineering of Boeing planes. Say thanks to your kike overlords for bringing in hordes of subhumans.

>> No.30192032

>>30191942
cool cool ill be sure to worry about this in the year 2250

>> No.30192046

>>30191871
Lol oh OK, well when you get the heads up that it is time to "Buy bitcoin/buy gold, get the fuck out" make sure to make a thread on /biz/ for us retards.

>> No.30192072

>>30192010
>>>30191960 (You)
>Are you trying to tell me that assets that I 100% own without debt aren't real?
Yes, I think you are 19 years old.

>> No.30192073

>>30188016
>implying we can't asteroid mine
https://www.youtube.com/watch?v=xTAxjJ6KY7M

>> No.30192098

>>30192046
It's already time to buy bitcoin/gold. Get the fuck out? Eh, it's probably time if you want to get ahead of the curve, but that's a lot more difficult to make happen immediately.

>> No.30192105

>>30187390
>I listen to old men that are stuck in the 70s
I'm sure that will get you far in the crypto age.

>> No.30192108

>>30188016

>0G

Huutista.

>> No.30192159

>>30192072
Okay lol, lack of understanding of the mechanics of debt is why we're in this crisis in the first place :). This is delusion on the same level as people with adjustable loans in 2008 that keep refinancing.

>> No.30192181
File: 40 KB, 326x317, 1594095816094.jpg [View same] [iqdb] [saucenao] [google]
30192181

>>30187375
>China Will Launch Asteroid-Mining Robot This Year
https://www.intelligentliving.co/china-asteroid-mining-robot/

>> No.30192278

>>30192181
The gooks lie just as much as kikes. Bug men have no skills.

>> No.30192287

>>30188016
I promise to personally throw an asteroid mined lump of ‘muh shiny yellow rock’ through your window by 2060

>> No.30192315
File: 133 KB, 657x527, 1534223869928.jpg [View same] [iqdb] [saucenao] [google]
30192315

>>30192032
We already have reusable rockets and have also already proven automated mining processes feasible. If you can't figure out what that means, especially with glowies involved, then more power to you buddy.

>> No.30192341

>>30187261
You really trust a glowie asset that much?

>> No.30192353

>>30191595
I'm not disagreeing with you per se, but in FX there will be opportunities as made obvious by the fucking multi-millionare in this thread... coz u'know to buy foreign assets you need foreign fiat. I'm bullish AUD short term because contrary to popular opinion we are not full and there is no covid here.

>> No.30192385
File: 1.89 MB, 300x350, 1601557032987.gif [View same] [iqdb] [saucenao] [google]
30192385

The amount of deluded zoomers that are all into crypto and stonks in this thread makes me real comfy about my shiny rocks stack

>> No.30192427

>>30192073
>retarded youtube channel vs real life problems
>who would win ?

>> No.30192446

>>30192287
2060 who fucking cares nigger, if you're an amerilard you'll probably die of a heart attack by then
>>30192353
I'm mixed on foreign fiat. I think it's OK and will probably hold value better than USD obviously, but way worse than actual assets. Other countries have had money printing going on for decades and have seen none of the ramifications because it's been propped up by USD.
When the US stock market is booming you want to own stock, not dollars. Same with other countries post-US dominance.

>> No.30192490

>>30188016
>he doesn’t know we can claim those assets now tho

>> No.30192596

>>30192490
you are delusional

>> No.30192682

>>30192018
Apollo 17 landed 1972

>> No.30192816
File: 8 KB, 633x758, 478l354862136.png [View same] [iqdb] [saucenao] [google]
30192816

>>30192278
>The gooks lie just as much as kikes. Bug men have no skills.

>> No.30192921

>>30192682
Kek next moon landing is planned for 2024 and will probably been rescheduled due to more pressing financial matters.

>> No.30192995

>>30187189
The problem with your thesis is that during hyperinflation speculative assets collapse in real terms, yet you're proposing gold.
When weimar had hyperinflation us dollar was on a gold standard. Escaping into gold was effectively a way to relocate wealth into dollars.
Now the backing of gold by the us dollar is gone and it's just a boomer rock.

There's no real escape because assets are already priced for the future, but basic utility goods aren't, yet there's no practical way to store the latter.
Thus the best plan is to buy something that's going to collapse the least in real terms, which are probably tech stocks (except for memes like tesla).

>> No.30193014

>>30187189
>gold bug shilling at the end
Fuck off boomer. I wish I could knock your ass out. You're a pathetic loser and you'll never be anything. No the power isn't going out, no you won't be a kingpin, no you won't ever be valued.

>> No.30193170

>>30192995
This is a good counter, but why didn't gold collapse during other deflationary periods?
Gold's value is speculative, but the event that goldbugs are speculating on are "needing to get out of the dollar to store value and transfer it to other assets/currencies." So if that thesis comes true, then surely the speculation driving the price of gold will be replaced by actual demand for gold. The result would be that the value of gold stays the same, wouldn't it?

>> No.30193203

>>30193170
Or it gets into a temporary bubble just like bitcoin, and its crash price will return to the mean and still be higher then the pre bullrun price.

>> No.30193218

>>30192995
>Escaping into gold was effectively a way to relocate wealth into dollars.
>Now the backing of gold by the us dollar is gone and it's just a boomer rock.

And why do you think the dollar was backed by gold in the first place? Your ignorance is astonishing, but what's more incredible is the arrogance with which you hold totally inane opinions.

>> No.30193245

>>30193218
I think you meant to reply to someone else.

>> No.30193324

>>30187189
But the US dollar is world reserve currency

>> No.30193403

>>30187189
obviously option 2 will happen, but the effects in op are severely over-exaggerated. In fact, i believe we could see 20 trillion in QE and little to no inflation.

>> No.30193433

>>30193324
>Rome had a world reserve currency
>Spain had a world reserve currency
>British Empire had a world reserve currency
And your point is ?

>> No.30193439

>>30187189
>imminent
>jun 2020
neck yourself

>> No.30193658

>>30193403
>obviously option 2 will happen, but the effects in op are severely over-exaggerated. In fact, i believe we could see 20 trillion in QE and little to no inflation.
I think it's probably not the end of the entire world, but this view is the opposite end of the extreme I think. What makes you think we haven't already been seeing inflation? Sure CPI might be fine but the price of assets have already soared beyond or wildest expectations since 2008, but the actual economy hasn't gotten any better. In fact it's gotten much worse, we're in way more debt, we're in way bigger deficit, price of expenses (food, gas, car, electricity, rent, mortgage etc) has soared past wages, etc. And it's only gotten worse in the last year as QE's gone parabolic.

>> No.30193667

>>30193433
my point is there were not nukes back then

>> No.30193743

>>30193667
>Nukes available when USSR failed
So what ?

>> No.30193803

>>30193667
MAD = nukes matter but they don't matter at the same time. The UDSSR also collapsed even though they had nukes.

>> No.30193807

>>30193743
>he thinks ussr wasn't a controlled fall

This is america faggot. Go ahead cherry pick something else

>> No.30193824

>>30193658
throwing money at a dead horse wont make it run faster. Food, gas, electricity, rent, these have all gone down or stayed the same since 2008 in my experience.

>> No.30193878

I love how much you burgers bought into bankers propaganda that fall of USD will bring some kind of apocalypse. You know what will happen when dollar collapses? Nothing.
Sure they will be some wars riots and crime rate will skyrocket but nothing more. There will be no Mad Max scenario. In my country there were 6 currencies since WW1 and nothing really happened except people who hold it got almost wipe out to zero in purchasing power.
And people who hold boomer rocks managed to retain their wealth.

>> No.30193882

>>30193807
> he thinks the failure of the USA is not managed
Go sinorussian complex and be fine, retard.

>> No.30193896

>>30193803
Their is a diffrence between the way the ussr(a bunch of drunk russian operating in an already collapsing country) operate then jew controlled united states. USA has been shown to actively protect their investments. There is a reason why this country is has been at war constantly since it started

>> No.30193927

>>30190366
>Step 1
Takes decades, costs billions at least
>Step 2
Costs billions
>Step 3
Turns out our random rock we found and paid billions to get into moon's orbit has no economically minable mineralization. Whoops.
>Step 4
Profit never

>> No.30193942

>>30193882
>he thinks this cant go on forever

>> No.30193963

>>30190964
This

>> No.30193977

>>30193942
> he thinks the usa is still in control

>> No.30193996

>>30187330
>>30187375
>>30188016
Boomer cope

>> No.30193998

>>30190964
>>30193963
are you really failing for this chink propaganda?

>> No.30194029

>>30193977
I know the jew is in control.

Again
>he thinks this cant go on forever

>> No.30194155

>>30193998
They do, and try explaining machine tooling and the cost of improving legacy designs to someone who thinks the earth is flat.

>> No.30194182

>>30188401
>If it becomes plausible
>plausible - seeming reasonable or probable
You are correct. It doesn't have to be reasonable or probable to effect price. It only has to seem that way.
People being absolute retards, basically anything can be plausible in this day and age.

>> No.30194213

>>30190817
>Silver is also a byproduct of copper
This is true, copper porphyry deposits also come with silver and other metals than can be produced from the mined material.
>and can be literally created from fuckin copper trash, then from silver trash, gold is created.
What the fuck are you on about?

>> No.30194222

>>30193824
That's not true. https://www.washingtonpost.com/wp-apps/imrs.php?src=https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.com/public/KD2E3LARMFDD5OZZGGR727662Q.png&w=916
Expenses recently passed median single income.

>> No.30194315

>>30187189
Thanks, just bought another 2 BTC and 200 LTC.

>> No.30194328

>>30193824
Also in emerging markets, hyperinflation is already starting to hit food prices. https://www.reuters.com/article/us-emerging-markets-inflation-analysis/analysis-food-price-spikes-see-inflation-rear-its-head-in-emerging-markets-idUSKBN2A8195..
China is also gearing up to undergo a complete famine. https://www.scmp.com/economy/china-economy/article/3117279/chinas-food-security-again-beijings-agenda-nations-bitter

>> No.30194365

>>30188236
bro... don't be a retard

>> No.30194425

Forget about gold and silver, buy plastic. Plastic is the future.

>> No.30194435

>>30194328
SCMP seems to be dying so here's another source that'll actually load: https://thetaiwantimes.com/xi-jinpings-food-policies-leading-china-towards-a-famine/

>> No.30194446
File: 190 KB, 1000x620, ae86a902f886372bc1ec145b5433b72b.jpg [View same] [iqdb] [saucenao] [google]
30194446

>asteroid mining stories
>tech supremacy stories
>but in reality:
>social construct failing
>currency failing
Its just cope on the same level when the british empire failed. Zoomers just cant grasp that everything they were told - being the last supreme worldpower - were stories of the past.
Who is the boomer now ?

>> No.30194455

>>30193896
I'm sure all the trannies and 80 iq people who make up the new USA will go out and defend it.

>> No.30194497
File: 930 KB, 2576x1602, 1610136082208.png [View same] [iqdb] [saucenao] [google]
30194497

>>30187261
>>30187393
>>30187576
>>30188078
Keep holding worthless pieces of paper.

>> No.30194528

>>30194455
>he thinks a small % of faggots are what constitue the rest of the country

i can tell you were not alive when 911 happened

>> No.30194570

>>30194222
most of it is contained to healthcare and college, just shows that our society is getting sicker and weaker.

>> No.30194628

>>30194528
>muh 911
Have fun getting your pee pee shot off for Israel.

>> No.30194658

>>30194528
I can tell you who the media and gov celebrate, and it's being noticed by people who would traditionally have cared. Let it burn.

>> No.30194664

>>30194570
It doesn't really matter why it's happening, all it matters is that it's happening faster than inflation.
Although our society is way way way less sick than the early 1900s, yet we're paying more for healthcare... these kinds of expenses don't exist in other countries AND they have higher middle class incomes that outperformed inflation better than US middle class income.

>> No.30194700
File: 398 KB, 837x673, 1603087347564.jpg [View same] [iqdb] [saucenao] [google]
30194700

>>30194446
The US Empire will collapse soon™
>>30194528
America is 45% nonwhite mutts. Its armed forces are 40% nonwhite mutts. The army is a bloated welfare office full of effemiate drama. The glory days are over, boomer.

>> No.30194752

>>30194446
They have no idea how much it costs to explore and mine here on earth, let alone in space lol.

>> No.30194764

>>30194628
did you knee jerk react like a faggot? i think you did. Whats the context of what i posted.
>>30194700
>America is 45% nonwhite mutts.
Where you around for 911?

>> No.30194844

>>30194752
Not to mention seafloor mining has also proven to be impossible

>> No.30194877
File: 41 KB, 396x382, 1614614198920.jpg [View same] [iqdb] [saucenao] [google]
30194877

>>30187261
>Elon

>> No.30194901

>>30187189
What does it mean to buy gold miners?

>> No.30194939

>>30187189
>gold/silver

nigger if its that bad whoever has guns/ammo/farms will the be richest

>> No.30194950

>>30194901
Buying companies that mine gold from the ground
$NEM

>> No.30194970

>>30194901
It means investing in companies that mine gold. Like Barrick for example, or one of the literally hundreds of junior mining companies.

>> No.30195007

>>30192011
Playing the ‘what if’ game is possible forever, which is why you should invest on principles and not news

>> No.30195143

>>30192011
>What if the dollar is still gold backed and it's backed with a bunch of hoarded space gold in Area 51
holy shit dude. are you on crack ?
>>30194446

>> No.30195283

>>30194446
Zoomers? Zoomers are kids of millenial parents who've been experiencing this for a few decades now. Boomers are the ones like cathie wood doubling down on tesla during every crisis.

>> No.30195389

>>30195283
>kids of millenial parents
still think all is fine

>> No.30195487

>>30191254
Anon teach me how to buy foreign currency? Is GBP a good choice or should I go buy Yuan?

>> No.30195610

this thread is bullish for hbar and everest

>> No.30195624
File: 18 KB, 561x554, zoomiedoomie.jpg [View same] [iqdb] [saucenao] [google]
30195624

>>30195389
lol have you seen zoomers?
picrel
they're depressed snowflakes that worship kpop, the netherlands, and anime.

>> No.30195712
File: 93 KB, 1400x786, Iris.jpg [View same] [iqdb] [saucenao] [google]
30195712

>>30188016
Why don't we just put a stargate on the asteroid we want to mine?

>> No.30195723

>>30187375
this

>we made it to the moon 70 years ago we gonna go mine asteroids now and take over the universe
>2021
>HE DINDU NUFFIN HE WENT TO CHURCH EVERY SUNDAY FML BLM BBQ

things didn't quite go the way you want them to go

>> No.30195771
File: 502 KB, 1556x1742, 1593944991292.png [View same] [iqdb] [saucenao] [google]
30195771

>>30194764
I know that it was a successful provocation by the hands of Osama bin Laden and destroyed a symbol of global financial influence. As a result, you are now living in an oppressive surveillance state. In the short term, there might have been an outburst of patriotic feeling. Which was only possible because, back then, America was still 75% White.
Better yet, America foolishly started a war against the Taliban government of Afghanistan. America supported the Northern Alliance, made up of the Afghan anti-Taliban opposition. The battle against the Taliban was won through a massive bombing campaign and surgical land operations and a puppet government was installed. The Taliban became a force of insurgency.

Today, a demoralized American army has lost the war against the Taliban and the last American detachments are leaving one by one. The Taliban control more than half of Afghanistan.

>> No.30195818
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30195818

>>30195624
i know many of them. i agree on the depression part but many of them havent fully grasped the situation they are in. thats left for the next generation to explore (if there is any).

>> No.30195850

>>30195487
Use any normal foreign currency exchange that you'd use to travel to a foreign country, or investigate how to invest in foreign currency with your specific broker.

>> No.30195932
File: 2.25 MB, 2480x3124, 014.png [View same] [iqdb] [saucenao] [google]
30195932

>>30187261
didn't he say that he didn't think that humans could get to mars during his life time?

>> No.30195965

>>30195818
True, I don't think any generation has fully grasped how fucked we are yet, but every generation seems less and less enamored with the US. Imagine being a boomer who liked japanese shit in the 70s, you'd be fucking killed bc america roo rah terkin are jerbs

>> No.30195968

>>30190817
>https://www.bbc.com/pidgin/tori-56263481
dafuq

>> No.30195992

>>30187375
>there are actually people naive enough to think that asteroid mining will be even remotely viable ever

>> No.30196027

I'm going to try to cashout best I can and ride into PM's since I'm sure they will continue to manipulate them to make the rocks unappealing. I'm hoping for 20-18 oz by Dec. Wishful thinking but PM's will explode and the markets will tank as a whole.

>> No.30196079

>>30195850
Thank you

>> No.30196106

>>30188236
and now they are saying that 2+2+4 is racism. Get on the nigger built meteoroid miner, i fucking dare you.

>> No.30196116

>>30187390
Coke drinking bitch. Only reason he is in any way relevant is that he happened to be lucky.

>> No.30196155

>>30195965
>Boomers made buying jap shitbox cars in the 70s popular and to this day people believe this meme

>> No.30196167

when hyperinflation hit the Wehrmach republic the ones that rode the stock market to the top and cashed out to pm at the right time became rich

>> No.30196202

>>30196155
>>Boomers made buying jap shitbox cars in the 70s
Boomers that bought shitbox jap cars in the 70s were shit on back then, just like zoomers buying chinese fortnite vbucks are now.

>> No.30196286

>>30196202
>Not a chad boomer living out of a VW bus tripping on acid until the end of the 80s

>> No.30196301
File: 66 KB, 112x112, 1614721452679.gif [View same] [iqdb] [saucenao] [google]
30196301

>>30188646
Wait a minute, are you saying that lockdowns are in place to prevent inflation?

>> No.30196401

>>30187261
thanks for convincing me just bought 1000 ounces of silver

>> No.30196414

>>30196301
Bingo !

>> No.30196419

>>30196301
No no no, the inflation is a result of money printing because of the lockdown. That money is being printed to make up for the deflation caused by the lockdown.
Although things like the recent moratorium extension and increasing the QE even MORE these last few months is the same as using money printing to solve your problem caused by money printing. It just doesn't end well when the economy opens back up.

>> No.30196426

guys my income and savings are in euro, am I safe (or able to profit) or if this shit happens it will hit me too
I recently went from poor to a successful wagie and want to position myself so that I can at least buy S&P 500 at a discount but don't really understand what's gonna happen from the euro point of view

>> No.30196449

>>30187189
>greatest transfer of wealth in human history

>billionaire buys 1B of crypto, sells for 2B
>average joe buys 10k, sells for 20k
Sure transferred lots of wealth from Goldberg right there
Truth is, the more money you have, the more money you make with money.
You can't "transfer wealth", when you are middle class or lower.

>> No.30196478

>>30196301
shhhh dont let the mask shizo out the bag

>> No.30196514

>>30196449
billionaires are boomers though they dont know shit about crypto and fomo in at the top

>> No.30196571

>>30196514
doesn't make a difference
>billionaire buys 1B of crypto, sells for 2B
>average joe buys 10k, sells for 50k

>> No.30196637

>>30196449
>>average joe buys 10k, sells for 20k
Average joe fomos in at 60k like a retard and sells at 500k to boomers. The only people more retarded when it comes to tech than average joe are rich boomers.

>> No.30196663
File: 752 KB, 1200x630, Draftsmen-25-FB.jpg [View same] [iqdb] [saucenao] [google]
30196663

>>30196514
they'll just hire people to invest for them, you have to be delusional to believe that the richest people out there can't into your fake internet coins

>> No.30196670

OP doesn't understand that yields are negatively correlated to the price of the bond.

Lower price bond = higher yields.
Lower price bond = lower valued dollar.

Fed won't devalue the dollar further in a hyper inflation scenario, they would be forced to raise rates. Which if you watch a minute of CNBC, you will hear the talking heads warning about.

>> No.30196677

>>30191595
>>30190081
I'm not a burger. If I take out a loan in USD (against collateral which should retain it's value in a hyperinflationary situation in USD and I don't want to sell it anyway and if dollar price doesn't tank the loan should pay for itself) and put these dollars into say Gold or Bitcoin would that be a good idea ?

>> No.30196700

>>30187390
Gold has outperformed berkshire hathaway stock since 2000 my nigga

>> No.30196721

>>30196301
Isn’t it obvious?
Lockdown opening means money velocity rising. It means a large amount of freshly printed money freeflowing through the economy.
Which means inflation.

>> No.30196725

>>30196637
all the average joes i know said bitcoin was a scam when i told them to buy last year and they finally fomo'd in at 55k and then sold when we dipped to like 43k or whatever last week

>> No.30196767

>>30196571
Yes it does, because of magnitude. There are way more average joes than rich boomers.
If 100 average joes buy btc at 10k and all of them sell to one boomer at 50k, even if the price goes to 100k, 5000x more wealth transferred to average joe compared to 2x to boomer.

>> No.30196780

>>30196677
Every currency is pegged to USD. You dont take loans in a hyperinflation. Never ever!

>> No.30196793

>>30189070
shut up you dense cunt

>> No.30196820

>>30187390
Buffett holds a fuckton of gold

>> No.30196839

>>30188228
>>30189173
Oil and coal ARE stores of value, though. They arent good money but they are stores of value. Gold and silver are stores of value while also having all the characteristics of good money, which is what makes them unique

>> No.30196893
File: 498 KB, 980x1205, saylorbond.png [View same] [iqdb] [saucenao] [google]
30196893

>>30196670
>OP doesn't understand that yields are negatively correlated to the price of the bond.
No, he understands it perfectly well
Not sure that your guru does though

>> No.30196902

>>30196116
>rejects the benefits of filtered water, sugar, and caffeine
ngmi

>> No.30197034

>>30188550
>Most normies didn't even notice the great recession
you're kidding right

>> No.30197049
File: 39 KB, 500x442, hotdogs.jpg [View same] [iqdb] [saucenao] [google]
30197049

This thread serves as a reminder that you can short Gold/BTC ratio on various crypto exchanges that support XAUT / PAXG.

Profiting from shitrock's downfall while watching your BTC value appreciates never felt so good.

>> No.30197066

>>30196677
Sounds like an OK idea to me as long as you're investing into easily transferrable deflationary assets like btc and gold. The risk is too much for my liking though, and btc/gold will experience a selloff if the fed regains its senses and stops printing money and we have a deflationary collapse/depression instead. This happened to gold in 2008.

>> No.30197076 [DELETED] 

Check Mochimo guys.

They are doing good work can you check and let me know.

>> No.30197092

>>30187189
We unironically should be hanging these rich jewish boomer fucks on street lamps.

Washington DC is completely corrupt. We're all fucked, man.

>> No.30197161

>>30196780
no, BEFORE hyperinflation (now) and pay the loan back when it x5 for example (I know that debt is tranferred to whatever currency comes afterwards).
So paying back my debt during early stages of hyperinflation, not keeping throughout.

>> No.30197214

>>30188228
They are stores of value, hence the commodity crisis in the 70s.

>> No.30197239

Wtf do I do bros, I’ve been thinking about buying a house but this is my worst nightmare. I’m so used to nothing ever happening but I have a sick feeling that as soon as I sign for a mortgage boom, it all collapses and I kms.

>> No.30197238

>>30197092
CIA? I'm doctor Pavel

>> No.30197261

>>30197161
Dude - loans are revalued in a hyperinflation. Do you think banks are stupid ?

>> No.30197324

>>30197239
Take as big of a mortgage as you can, this is the time to load up on debt. Property may be expensive but debt will never be this cheap again

>> No.30197397

>>30197261
Fixed rate loans retard. You open a loan right now and if hyperinflation comes tomorrow the $ amount of your loan doesn't increase.
And yes, banks are literally fucking retarded, as seen in 08.

>> No.30197478

>>30197239
Housing will probably be much cheaper once moratorium ends. Don't buy rn.

>> No.30197484

>>30197397
Look what happened in Weimar Germany or Venezuela or every other country that had this. Fixed rate loans will also be revalued. They are not dumb. There is always fine print for situations like these.

>> No.30197519

>>30197397
>>30197261
Gonna wait for Dr. Brrrrrs aka Mr. Powells speech today and maaayybeee to this.

>> No.30197583

>>30197484
Yes after monetary reset for sure. I'm not gonna wait that long. But yeah I'll keep your worries in mind.

>> No.30197608

>>30197484
> What Is a Fixed Interest Rate?

A fixed interest rate is a rate that will not change for the entire term of a loan. For example, a 30-year fixed-rate mortgage keeps the same interest rate for the whole 30-year period. Your monthly loan payment calculation is based on the interest rate, so locking in the rate results in the same principal and interest payment every month.
https://www.thebalance.com/fixed-rate-loans-315603
Thank god our loans are with JP Morgan and not 1930 Deutsche Bank then retard. This is how our loans currently work, we're living in the present.

>> No.30197626

>>30197484
make sense, this aligned perfectly with the agenda. Doesnt make sense to have normies profiting if they want to put them in a pod.

>> No.30197860

>>30197608
>Trusts kikes

>> No.30197918

>>30197397
This

>> No.30197945

>>30196893
Yeah, he's a retard. There are two ways to measure bonds though, what they trade for on market and the yield provided to the holder through maturity.

I don't think he understands that the bonds have a par value though.

>> No.30197956

>>30197608
>30-year fixed-rate mortgage keeps the same interest rate for the whole 30-year period
Banks can just suspend taking payments in case of hyperinflation until new currency is introduced. Then all loans will be converted to new currency. But don't worry you will still pay the same interest rate.
Why do you think they are called fixed-interest not fixed-payment?

>> No.30197980

>>30197608
I know what a fixed rate interest is. I tell you - it WILL be revalued. If you want more recent examples - look at Venezuela. Happened there - will happen now. Its your game - do as you like.

>> No.30198025

>>30197980
Can't you supply proof for your claim? Is it not a legal contract?

>> No.30198057

>>30197860
Don't gotta trust the kikes. It's in the contract, it's the law.
If the government refuses to enforce contract law, then you can just capital flight to a healthier economy, with your assets you purchased with your loan, and then default with no repercussions.

>> No.30198082

>>30197608
>A fixed interest rate is a rate that will not change for the entire term of a loan. For example, a 30-year fixed-rate mortgage keeps the same interest rate for the whole 30-year period. Your monthly loan payment calculation is based on the interest rate, so locking in the rate results in the same principal and interest payment every month.
>https://www.thebalance.com/fixed-rate-loans-315603
>Thank god our loans are with JP Morgan and not 1930 Deutsche Bank then retard. This is how our loans currently work, we're living in the present.


right, they can't change the rate of the loan, but what they can do is make the loan more costly to you by creating deflation, which affects everything else in your life.

They have plenty of tricks.

>> No.30198156

>>30197980
>I know what a fixed rate interest is. I tell you - it WILL be revalued. If you want more recent examples - look at Venezuela. Happened there - will happen now. Its your game - do as you like.


This won't happen, it would destroy America's standing as the global reserve currency. Their bonds would be re rated probably to junk.

>> No.30198170

>>30198057
You should really research Weimar a little more and who was running the banks then.

>> No.30198203

>>30198082
If deflation happens, then the value of your crypto/gold will go up and you can use a portion to pay off your loan.
The only way you lose is if the economy is healthy and everything's fine. That's a fair risk.

>> No.30198221

>>30189254
>effects of money printing starting to show
>government response is to print more money

>> No.30198233

>>30198170
>You should really research Weimar a little more and who was running the banks then.


Why do you think the Weimar republic is such a good analog? Was germany the global world currency? Was Germany the world's super power? Was Germany the worlds #1 economy?

No, no, no. All of this matters.

>> No.30198259

>>30198203
Or again, you can just flee with your assets and default, because the US economy cannot maintain its influence during a depression when everyone's already in debt and they produce nothing. If the US is that fucked you do not want to be there. That's what ACTUALLY happened in venezuela.

>> No.30198282

>>30198203
>If deflation happens, then the value of your crypto/gold will go up


This isn't true at all, it's simple math anon.

Deflation = value of dollar goes up.

Bitcoin is priced against the dollar.

If the value of the dollar goes up, then the price of Bitcoin must go down.

>> No.30198314

>>30198221
>>effects of money printing starting to show
>>government response is to print more money


It won't last for long, the Fed is going to start raising rates.

>> No.30198393

>>30198282
No, because the US dollar is backed by debt. Debt which during a deflationary event will lead to massive default. This is why gold went up during 2008, and why gold went up during march.

>> No.30198439

>>30188236
How do we bring the heavy rocks back down to earth? Wouldn't we need MORE fuel than we used to take off because the payload is heavier now that it's full of rocks? How did we get the fuel into space to fuel our rocket headed back to earth? Another rocket carrying extra fuel?

>> No.30198491

>>30198170
A country the size of Texas almost took over the world after the jews were expelled out of media and the banks. Degeneracy and trannies became a more common thing during peak Weimar craziness. These were all things that were quickly disposed of to create a booming economy. Hence Berlin burning of the books. America has to be real careful. History sure rhymes

>> No.30198555

>>30198233
for you>>30198491

>> No.30198597 [DELETED] 

Market down 7%, $MCM up 70% =)))

>> No.30198702
File: 118 KB, 1807x735, golddown34percent2008.png [View same] [iqdb] [saucenao] [google]
30198702

>>30198393
>No, because the US dollar is backed by debt. Debt which during a deflationary event will lead to massive default. This is why gold went up during 2008, and why gold went up during march.


Again, not true anon.

Gold dropped 34% in 2008, because no asset was safe from the stock market crash that year. The only safe haven was USD.

Gold rose from 2009 on, because of inflation caused by low interest rates from the fed, as investment money reentered the market they diversified back into Gold.

Gold then dropped in 2013 because the fed started raising rates and initiated deflationary policies.

The debt that backs the USD per say, is irrelevant to the value of Bitcoin.

>> No.30198719

>>30198491
We have nukes now, so ww3 will probably look more like 2000s and 1970s.
We're going to go to war in Africa and Venezuela as saudis stop pricing their oil in dollars and the US fights back for control, while China on the other side begins exerting its economic influence on other countries that the US can no longer sustain since it's in economic collapse. We're russia this time.

>> No.30198745

>>30198025
>>30198156
>>30198233
For example:
One option would be to suspend the contract and resume when the currency is revalued. Another option is to bring in more collateral due to unforeseen consequences.
Another option is to cancel the contract, so you have to fill.
This has nothing to do with reserve currency or other things. Its up to the lender to decide. Usually this is found in the lenders statutes and not in the contract. Just do your DD if you want to gamble on this is all im saying.

>> No.30198829

>>30198745
>One option would be to suspend the contract and resume when the currency is revalued. Another option is to bring in more collateral due to unforeseen consequences.
>Another option is to cancel the contract, so you have to fill.
>This has nothing to do with reserve currency or other things. Its up to the lender to decide. Usually this is found in the lenders statutes and not in the contract. Just do your DD if you want to gamble on this is all im saying.


The US Government and Media would not allow this to happen.

>> No.30198874

>>30198829
lmao

>> No.30198897

>>30197478
I’m an Ausfag and things are pretty “normal” now, real estate is pumping hard. But yes I realise if the burgers go under then we all go under.

Also, isn’t war extremely likely if this is the way we’re heading? If USD is at risk of losing its reserve status isn’t the playbook gonna say start a war and stomp out anything could possibly pose a threat? Not to mention the economic “value” a war will create

>> No.30198969

>>30198874
>lmao


do you realize how angry citizens would be if they completely rewrote their mortgage arbitrarily?

It would be George Floyd ^ 100 level outrage.

>> No.30199004

>>30198719
I am simply comparing the American democratic republic to the Weimar republic before the collapse. Jews caused the peak in Weimar republic and they seem to be doing the same in America. They wanted communism then too. We're still fighting the same war. Against communism

>> No.30199024

>>30198829
>The US Government and Media would not allow this to happen.
It happened in 2008 for example.

>> No.30199140

>>30198702
>Gold dropped 34% in 2008, because no asset was safe from the stock market crash that year. The only safe haven was USD.
>Gold rose from 2009 on, because of inflation caused by low interest rates from the fed, as investment money reentered the market they diversified back into Gold.
>Gold then dropped in 2013 because the fed started raising rates and initiated deflationary policies.
You're right. But, consider this. The only reason that 2008 wasn't a complete economic collapse was from QE that hasn't stopped since 2008 and has gone parabolic since covid. Imagine a world where the fed didn't happen and the financial system actually completely died, as it was set to. Gold becomes much more valuable. There was a small bull run for gold right before 2008, and look at the price of gold vs the stock crash in march for comparison.

>> No.30199231

>>30199140
Let me rephrase that: Gold doesn't become "more" valuable, its value stays the same as the markets die.

>> No.30199261

>>30199140
Its not gold going up. Its the dollar going down.

>> No.30199377

>>30199261
Yes, my point is that the value of the dollar goes down whether we are in hyperinflation or deflation. Hyperinflation is from a dilution of the dollar directly to prevent debt from defaulting, and deflation is from the debt propping up the dollar defaulting.

>> No.30199382

>>30192995
No fool you dont understand what a gold standard truly is, the way youre describing it is that gold is a fiat substitute for paper money backed by USG. Thats not it at all. US dollars were backed by gold because gold was already valuable

>> No.30199468

>>30187261
Elon is buying rocks. He’s reliant on them. He just isn’t saying shit because he wants as little competition as possible. That’s why he shuts up Twitter with Doge and BTC. He wants people buying crypto and not something he actually NEEDS. You can go to mars without crypto. You can build solar farms and battery parks without crypto. You can build fleets of electric cars and the future of long haul trucking without crypto. You can’t do any of those things without silver.

>> No.30199521

>>30199382
Then the military industial complex took over and the USD is backed by wars oil opium lithium and a huge military cock.

>> No.30199554

>>30198702
>Gold
Price of gold isn't based on real value of metal only on value of paper derivatives. There are 87 paper ounces to one physical ounce and many of physical bars are "leased". In event of default people would want their gold but they couldn't get. Once other countries realize that dollar is falling hard they will sell their treasuries and buy gold. Some countries will demand gold held in US vaults. This almost happened in 70s and Nixon had to remove dollar convertibility into gold.

>> No.30199627

>>30192278
Cope. They invented the printing press, compass, gunpowder and paper way before us.

>> No.30199696

>>30188228
Oil WOULD be a store of value if it were practical to STORE. Silver is practical to store.

>> No.30199877

>>30187261
A yo, I heckin love Science! Stand up and clap if you love Science too!

>> No.30199904
File: 178 KB, 686x581, DUMPEET.jpg [View same] [iqdb] [saucenao] [google]
30199904

>>30187323
I am

>> No.30199911

>>30188446
It’s because they manipulate the paper market and trade many times more paper ounces than physical ounces in existence. They do this to keep the fiat illusion alive. But there are limits to how long they can do this and how much physical demand they can keep a lid on. In the long run, it is beneficial to China and Russia to undermine the manipulation when they are ready to kill the dollar. The only reason that the dollar hasn’t been killed is because it’s still beneficial for China. But that is waning quickly. China and Russia have been accumulating gold and silver. When the time comes, they will be positioned to lead in the post-dollar monetary system.

>> No.30199927

>>30188389
Quantum computers will hack.. way sooner than astroid Mini ng

>> No.30199963

>>30188236

and in the last 50 years, how much material have we brought back from space? grams? a pound?

the economics don't support space mining materials that already exist on earth. we'll mine the ocean long before space, and even that is decades away.

>> No.30200008

>>30199521
Those days are ending. Multipolar world as Pax Americana ends. The era of military adventurism without serious opposition is drawing to a close.

>> No.30200092

>>30187261
Muskrat needs a non exploding rocket first one not made on a hollywood set. CGI nigger.

>> No.30200099

>>30200008
What makes you say that? Genuinely curious.

>> No.30200110

>>30187189
>happen imminently
>10 months ago

>> No.30200134

>>30189070
Communism is the leveraging of numbers instead of fortune, strength, or divine right. There's nothing inherently right wrong, functional or dysfunctional about it.

"E pluribus unum" is ideologically identical to Communism.

read the commie manifesto, it's only like 40 pages long.

>> No.30200226

>>30199377
We are thinking alike :)
To rephrase some more:
- Its not Stonks going up, its the dollar going down.
- Its not Bitcoin going up, its the dollar going down.
- Its not Real Estate going up, its the dollar going down.

>> No.30200282

>>30198439
>Wouldn't we need MORE fuel than we used to take off because the payload is heavier now that it's full of rocks?
In short; no.

>> No.30200371

>>30199521
lol no, I mean you're right but the USD was taken over when the titanic sunk.

>> No.30200382

>>30200226
it still means the same. scarce assets to infinity in case of hyperinflation

>> No.30200513

>>30200382
Yes. But some people still dont get it.

>> No.30200516

>>30187375
It would be a reality in 10 years if we removed the jews and all invaders and could focus on improving the world...

>> No.30200705

>>30200226
Exactly. I'm not so good at articulating my thoughts cause I'm a retard, but this is exactly what I'm trying to say.
With an inflationary currency backed by nothing, all movement upwards is the dollar getting weaker. People just won't realize it until it all comes crashing down, like it nearly did in 2008, because that's not how it used to work with a gold backed system.

>> No.30200907

>>30200705
And if the US economy was in better shape and we weren't in massive debt and deficit, instead our economy would look like japan with massive stagflation and never have a bullrun again. That's not what we're seeing, it's smoke and mirrors to distract from the fact that the US economy is in shambles.

>> No.30201026

OP baking or what ?

>> No.30201286

>>30189193
>at least germany makes cars and france makes clothes (?)
>but the US has no real economy
It's not all roses but we do actually have a real economy still. We produce oil and coal which is a huge boon that europe doesn't have and which they have to import, we have 4 large auto manufacturers plus other manufacturing industries, we have robust banking, finance and technology sectors and produce a huge surplus of food.