/biz/ - Business & Finance

>>51608554
am i to understand that your post would indicate that your signaling the implication that
you don't have ANY pm investments?

>>51608554
What the FUCK is the point in this thread you fag?

It's worth having 5-10% gold in your portfolio. There are many ways to own it, from physical to low cost physical ETFs or ETCs.

>20% premium vs 50% loss
its a deal

I'm glad people are finally making the connection between pm fags and "/toy/" as you put it. It's the same psychology complete with fanboyism.

>>51608660
Sweet mother of cope

>>51608666
Ok satan

>>51608679
Cope on what you retard?

>>51608670
It is basically tribalism in modern form, just worse because you are not rooting for your own people (your tribe), but instead for a ever dumping piece of shit rock while you fud other forms of investment 24/7. And the worst part they have never made a single $ in profit. Basically the worst kind of low iq faggots.

>>51608554
based

goldniggers, silvercoons, ammotrannies and canned-food poos are the unholy union and if anyone holds this they’re infected. add monero dog with bat and bitcoin as well

>>51608554

Everybody can play these stupid games and pick arbitrary entry points.

Bitcoin YTD -60%
Gold YTD -9%

>>51608554
>>51608801

>>51608670
stack posting is cringe, i will admit

>>51608801
This is why everybody hates you gold bugs. Btc is over 10000x up against gold in the last 10 years i.e. a better investment, not even talking about all the alts that made over 1000x. You low iq faggots always assume everyone bought the top and never sold. We could do the same with your shiny rocks but trust me you don't want to open this pandoras box. Now cope more and go back to your >>>/toy/ containment thread.

>>51608838
cringe

>>51608755
>ignores 5 thousand years of history
>ignores the modern monetary system collapsing
>it’s just tribalism bro
70 IQ midwit

>>51608856
>cringe

>>51608838
How much btc do you own?

>>51608868
>BRO just wait 5000 years for a 5x bro XDDDDDDDDDDDDD
Back to >>>/toy/ with you gold bug.

>>51608838
Did you miss “the point of entry” or are you really retarded? Gold is mid-long term, crypto is short-mid term. Faggots like you come here trying to stir some drama like troons on twitter gtfo

>>51608875
>not buying the bottom
gigacringe

>>51608838

Like I said, these are stupid arguments. Bitcoin was $13 in 2012. If it was $100 right now, you could claim it outperformed almost everything, excluding some of the tech stocks in the NASDAQ.

>>51608887
>misses the point and the point of precious metals completely
69 IQ midwit or a kike shill. Kikes kvetch because their precious metals paper scam can completely unravel the system.

>>51608876
whats my stop loss set at?

>>51608554
OP why do you care that I stack AGEs so much? It really shouldn’t cause you this much stress. I also buy SPY every month - why not create a post on that?

You’re not still hold crypto are you? You held through the entire drop this year?

>b-but I’m buying the dip

You do you, I’ll keep hoarding my AGEs and shares of SPY.

>>51608890
>>51608893
>>51608894
>>51608897
More cope "what if" or "just wait bro" "arguments".
Back to >>>/toy/.

>>51608947
maximum cringelevel achieved

Daily reminder gold bugs are responsible for at least 40 % of all off-topic shitposts and political off-topic threads on /biz/ because they have nothing to do other than fudding crypto (on a crypto board) and cringe posting their $500 shiny rock stacks in the /toy/ containment thread.

Gold has gone down you say? Well I've been waiting for this moment, I'm gonna finish buying the rest of the coins I wanted.
Oh but wait, looks like OP is a faggot. See, I bought 7 krugerrands a week ago for 1756 euros each, and now the store wants 1788 for them.
See, it turns out the COMEX paper price of gold isn't the same as the street price. Guess you learn something new every day, huh?

>>51610077
>crypto board
redit tier cringe off the chart
sad

>>51608554
Toy has unironically outperformed biz though

>>51608554
I only inset in thing that have real value. Like Luna and safemoon.

>>51610200
>>51610248
More cope from gold bugs back to >>>/toy/.
>>51610258
No they didn't they own illiquid consumer goods.

>>51608755
See, you don't even understand why people buy gold. For me, it's not about making profits. It's about removing my money from the system entirely, before it fucking implodes.

>>51610200
Wow, 2% your a real daytrader. Ive never heard of someone selling gold ever so you are indeed special if you made a profit off it.

>>51610288
>comic about fiat dollars
normie level cringe

>>51608838
Kek faggot for someone to sell at 100x someone had to buy at 100x. 0 sum game you absolute mong.

>>51610370
Same for gold and every other asset in the history of mankind now back to >>>/toy/.

>>51610410
>>51610288
>>51608947
>>51608887
>>51608838
>>51608755
>>51608554
I see the Bayhorse shill has gone off the deep end after getting banished

>>51610410
>nocoiner spin
criiiiiiiiiiiiiiiiiiiiiiiiiiinge

Goldniggers so butthurt. They just can’t admit they’re retarded and move on

>>51610487
>2022
>still posting frogs
asmongold follower tier cringe

PM fags fucked up my friends and family and suckered them into bagholding garbage that never goes up. They don't even show remorse for this and just keep chanting their stupid shit about "muh five thousand years"

>>51610333
>highs denominated in USD
I think we can all see who the real winner is here

>>51610560
KEK how much did your nigger cattle friends and family buy

>>51608894
You realize you just said if bitcoin was worth $100 it still would have out performed gold. Lmao.

>>51610570
a lot of fucking coins and the bags are HEAVY physically and psychologically

I bought a couple dozen or so silver eagles before Trump was elected, and sold them all in 2021 for about double the price. I don't understand why anons are so upset about metal itt.

>>51610325
Hedge funds sell gold all the time to cover their losses. Of course that's probably just paper gold. People who buy physical don't usually sell it unless it's their last resort. And it's often not in the form of coins or bars. People from poor countries often buy gold jewelry instead.

>>51610577

Yes. And? They are totally different assets. Read my first post. It's not tyst complicated to wrap your head around.

>>51610293
>For me, it's not about making profits.
Thats lucky.

>>51608868
You goldfags have been reeee'ing the same doomer dipshit takes for decades and decades. If your thesis to hold metals is their use in a SHTF scenario, your far better served holding lead.
Stay poor

>Uhm excuse me I don’t buy gold to make a profit like some KIKE I seek only to preserve the pittance saved from my minimum wage job when the system collapses and nigger eat each other in the streets
If the asset you hold is only useful for an apocalypse why the fuck aren’t you buying food and ammunition while it’s abundant compared to saving gold rocks you hope to barter in the end times when everything is much more scarce? And no, humans won’t be using gold after a collapse because people have seen that the shiny rocks really are worthless after 5000 years of niggerdom

>>51611423
It's not luck, I just don't want to lose what I saved over the course of decades. I'm not young anymore, and I can't afford to take risks.

>>51611609
And that's precisely why all the banks are hoarding gold right now, because it's totally useless all of a sudden after thousands of years. ;^)

>>51611762
They’re not lol

MAN FUCK ALL YALL GLOBALIST SATANIST SHILLS! FUCK YALL! IM GONNA KEEP STACKING AND WHEN THE BANKSTERS FINALLY END UP REAPIN WHAT THEY BEEN SOWIN AND MY COINS IS WORTH A MILLION BAJILLION DOLLARS IM GONNA BECOME A PASTOR AND START A BOWLING ALLEY CHURCH AND YALL GONNA SEE WHAT THE BUSINESS MAKER SPIRIT OF THE SOUTH IS REALLY LIKE! FUCK YALL.

>>51611789
They are though. The US in particular has a shitload of gold, and even more off the books, because they keep stealing other countries' gold (Lybia, Ukraine, etc.)
If gold was totally worthless as you say, they would have dumped it all long ago.

>>51611926
1. No they actually don’t
2. Retards (the US and all governments) collect worthless things all the time

>Indian households have the largest private gold holdings in the world, standing at an estimated 24,000 metric tons. That figure surpasses the combined official gold reserves of the United States, Germany, Italy, France, China and Russia.
Good morning sirs, how are my fellow gold bugs doing today?

>>51611956
The IMF itself contradicts you, so unless you have a source that's a higher authority than the IMF (i.e. not some random crypto rag), you're just making shit up.

>>51612044
I am now, and forever, the only source I need

>>51611926
>The US in particular has a shitload of gold

Lol. Anyone ever seen it? Nah didn't think so.

>>51611926
>The US in particular has a shitload of gold
cringe cope

>>51608893
not a bad idea anyway, I did that with shinja and now it's finally doing something profitable
why everything must work with patience?

>>51608554
New goldbacks are beautiful.

>>51608554
>falling for the PMs meme

>>51613516
goldbacks might be even more retarded than actual pms

>>51608554

>>51613540
Ya but they look nice.

>>51608947
>>51610077
>9 posts by this I'd
You're so tilted it's like gold bugs raped your mom.

>>51608660
>It's worth having 5-10% gold in your portfolio.
no it isn't
why would you hold something that has
>lost its monetary premium
>was easily attacked by government and demonetized
>lost to cash YOY since the 1970s, below CPI (rigged by the government) on average

gold and silver are absolutely worthless

>>51611852
Based good ol' boy

>>51608893
>buying the classic shitcoin death spiral
yep, I'm thinking you are a complete fucking retard

>>51611852
you are a fucking retard
silver is JPM's cashcow
they keep dumping paper silver on you mongoloids because there is no real ledger for your shitcoin
retarded nigger silverbug financing the kikes and thinking that you're going against them
literal faglord brain

>>51614049
>not working at JPM
poorfag

>>51608554
You are a fool blind to the truth of the world around you. Meanwhile I will buy my own house, and sex slave harem during the great reset.

The amount of pm fud threads today is very inorganic.ramnm2

>>51614010
>gold and silver are absolutely worthless
until a critical mass of people awaken to the jewish zeitgeist, sure

then everyone's going to want some. could be a day, could be 1000 years

>>51608554
https://www.minds.com/groups/profile/1315469745230712837/feed

OP is a Homosexual

>>51608554
>>51608670
Samefag
(stack posting is indeed cringe)

>>51608763

Let me guess: The only thing you're buying is more onions, estrogen, Z-cup tit clips, and a big white van to kidnap children with because you're fucking "based" right?

>>51614049
Exchanges do fractional reserve bitcoin trading. There is more bitcoin "held" on exchanges than they could redeem if everyone withdrew at once
>b-but I do withdraw, not your keys not your coins
That's exactly the same logic as silverniggers buying physical. Jews do fractional reserve shenanigans with every asset and all you can do is take custody of it yourself and wait for their gay game of musical chairs to blow up

>>51608868
>>51610293
>>51614251
>hello my dear melanized raider, might I buy your rifle or some food for this lovely gold limited mint block?
>why am I being raped and killed? At least I was smart and bought real, PHYSICAL currency for this collapse. I could’ve been much worse off with nothing but food, guns, and shelter.

>>51615883
To add to this, the fact that premiums are getting so absurdly high in the physical market is actually evidence that the silverniggers' plan is working. Imagine if every exchange suddenly tripled the withdrawal fee for bitcoin or started severely limiting withdrawals. You'd think huh, maybe these fags are close to insolvent and not to be trusted, maybe they're afraid of a run on their bitcoin. Maybe I should eat the fee or find some other way to get my liquidity out of there.

>>51610077
First this is not a crypto board this is a investment and finance board. Second a low priced asset is a good investment to buy so it's valid right now. Third shiny rocks in art form and some think the ones in old currency and various bullion form is a protection asset from starving aka trade and barter if things get bad enough which has been shown in various countries to be truth so far. No harm buying assets in any form vs holding usd long term, considering what's on the horizon for multiple markets with the current fed plans and people over leveraged to the hilt and losing their property and lowering the value of said goods. Anyway thanks for giving me a laugh now go and gather cash short term the stock market is not fully at it's lowest point vs bonds.

>>51615903
>you can only own guns and food or metals, never all of the above
You’re retarded

>>51615903
>a liquidity crisis means that it's a FFA battle and I'll just hecking raid you!!!
ah, that retarded old chestnut

>>51615947
>liquidity crisis = total collapse LARP
lol

>>51615937
>waste money on metals that will do NOTHING for you in a collapse

YOU are retarded.

>>51615937
unless you are eating metal you dont need it for anything and no one is gonna trade food for a shiny stone in a time of scarcity, SWEET MOTHER OF COPIUM

>>51616255
Were you born dumb, or did you have to take advanced university courses to get to this level?

>>51608554
yeh it is interesting to watch, when gold is going up it is due to all the reasons 'muh store of value, 5000 years, inflation proof, blood on the streets erryone rushes to the safety of gold' but when it is going down it is a conspiracy, it is the 'ebil central banker cartel working in the shadows'.

>>51616368
both of those but unironically

>>51608838
What asset's chart is this?

>>51617230
I see you cannot read the top left where it says gold/bitcoin 1month

>>51616368
Its not conspiracy, dollar is just getting stronger, if you bought gold in any other currency you either stayed the same or went up.

>>51608554
You should be fudding Shanghai Gold Exchange and Central banks right now, not mongolian bee wing clipping forum. Central banks are accumulating and promoted Gold to Tier 1 asset for some reason. If you have any brain cells left then they should start activating already.

>>51614010
Gold will always hold value, no matter what.
Fiat can go to literally zero. Crypto can go to literally zero. Stock can go to literally zero. Real estate can go to literally zero
Gold will always be worth something in any society. It's the best store of value

>>51608887
This is the epitome of a poor person

Idolizing like 1000.00$ of silver

>>51622055
What, a poorfag isn't even allowed to have some fun with his metal, now?

>>51622055
That's only about 50 oz of silver, but the way things are going, any silver is better than none.
Here's $14K of silver that I just got recently. A monster box of 500 coins and 3 1-kilo pieces.

>>51608755
Gold is going to tank. Many idiots don't realize it this time but PMG IS NOT GOING UP. In 2008 they went up with the crash but this will not be the case.

>>51610200
You paid above spot price by far and you'll get nowhere near spot for yours in return. You've been played as usual. Pmg includes a "holders premium" - a fee you pay simply for owning physical metals since it makes you feel comfy. Owning the product and talking about it is part of its expense priced in.