/biz/ - Business & Finance

>>54218539
Holy fuck I'm going to cum

gold moons this week
btc dumps

>>54218539
>Goldtards only got 2 percent increase out of this whole banking fiasco
This is what you chuds wanted me to buy???

>>54218539
Soon

https://youtube.com/shorts/S51h0wEGFnQ

>>54218539
>Fake money started to wane slowly, then all at once

It's beautiful.

>>54218539
I don’t know if I’ve ever seen crypto go up while gold goes up.

Gold is really the Chad metal. It does absolutely nothing but is adored purely due to its aesthetic beauty and only goes up over time.

>>54218539
SOCIETAL COLLAPSE INCOMING!!!

>>54218604

>>54218584
It really is happening this time, isn't it? Christ. I mean I knew this day would come, but I was still caught off guard. I guess maybe I started to hope that somehow it would all work out. But here we are. The collapse has begun.

>>54218615
you're a fuckhead

>>54218629
I'll see you in hell, faggot.

how to updoot this fellow apes

>>54218691
fight on sight

>>54219022

>>54218539
>Pumps 30 dollars
>Goldfags think its a revolution
>It will dump again

>>54218539
Why do goldfags use such lame sites with tiny line-based charts? Why do they never ever use a real chart?

I was beginning to feel sorry for gold chuds watching Bitcoin's massive pump. Don't get too excited, some bank will open a massive short in the futures market like always.

>>54219154
Because they are boomers. They use Netscape to get to kitco gold.

Feeling comfy

>x axis: ounces
>y axis: years
???

>>54218539
Sure seems very bullish...

>>54218539
Where is Peter Shifty?

>>54218539
God I wish I still had gold to sell you retards.

>>54218604
It can’t be destroyed or corroded with time. Incredible substance when you think that everything else withers away

>>54218558
nobody cares what you buy. Why should I care about anyone else's investment?

>>54219091
outside of America nobody is interested in Silver. in Canada gold is the only metal anybody talks about.

My gold chain and coin pendant I'm wearing right now up about $750 from when I bought them :D...

>>54218558
You're almost getting it. So close. It's what the jews (the actual chuds; they're constantly projecting and accusing others of what they themselves are guilty of - and remember the chud meme began with a guy with a jewish father) want you to buy. Precisely because of what you wrote in your greentext, because of the shitty gains.

>>54218539
My brother is a terrible investor everything he touches turns to shit. He buys the top if everything. Crypto, property, NFT. He just bought gold. So im selling all pms and going long crypto.

>>54219560
why dont those industries that rely on it for manufacturing interested in it? or are you so damn dumb you think the only value of precious metals is in jewelry and what people talk about?

>>54218604
Doesnt change in value over tine*

>>54219347
You can buy at almost most governments for reselling. They bought a lot last couple years!

>>54219687
I have no idea why industry isn't interested in silver. It's not my expertise. I'm just saying that only Americans are interested in silver as an investment. This is another phenomenon that I don't really understand.

>>54219757
https://www.silverinstitute.org/global-silver-demand-rising-new-high-2022/
im no expert either i just dont rely on what people are talking about and what kind of jewelry people wear. i have the internet to ask these things before i look foolish on a bolivian muskrat line dancing image board

>>54219830
anon... we're talking about silver as an investment... not jewelry.

>>54218539
3k coming in hot

>>54219926
thats included in the chart above
>everyone is talking about X
that your signal that something might be oversold. shoe shine boys giving stock tips on wall street is as bearish as it can get. when the talk show and late night shows are shilling it, run for your life.
but that chart should help you with those numbers

Turns out, all you had to do was buy gold. It really was that simple. Enjoy your lambos goldchads, the wait has been long

>>54219757
Only Americans are interested in silver because it is tax exempt in burgerland but in most places there is a hefty VAT tax on it.

For example, in bongland gold is VAT exempt (as it has legal status as money) but silver has a 20% VAT. That cuts into your profits massively every time you purchase.

>>54220078
people trade them tax free at gun shows and on craigslist etc. not all states have a tax either and theres no federal tax as far as i know. california has a poorfag tax so you have to buy 1700 burgers worth or they tax you on the sale at the local coin shop or online etc

>>54220191
I'm saying that the US has extremely low (or none at all) taxes for silver, whereas in the UK and other western countries there are significant VAT taxes, which is why silver is more popular in the US than other developed countries

>>54220216
that is unfortunate

>>54218539
No

>>54220078
Can't bongs and euros invest in silver without paying VAT if they get ounces in a legit (not SLV) allocated bullion account?

>>54220330
Most stackers are of the "if you don't hold it, you don't own it" mentality. Owning "off the grid" physical is a huge part of the appeal.

>>54220339
to further their ledgers and extract the wealth of the goyim

>>54220007
anon... outside of America nobody cares about silver. Investment Silver is an American fascination.

>>54220462
I don't get what you mean. Most stackers are libertarian anti-semite types.

>>54220235
finally a real answer.

>>54220462
what does this mean? owning commodities doesn't extract wealth from anyone. You just trade your paper currency for the metal. Many people avoid allocated gold because they're essentially paying for a promissory note that they don't even know if they can redeem in the future.

>>54220473
theyre buying silver certificates or cod's not silver in hand. the likelihood of all the reciepts being covered physically is near zero.
>picrel
i guess somebody else is stacking out there other than mutts

>>54218539
yes

>>54220078
VAT doesn't matter much when it just increases the price floor. You get most of it back when you sell. Spread isn't much different between US and Yuropp. Gold is more popular for sure but cheap, low premium silver can be had if you look for old circulated coins (junk silver) from Austria, Germany, Sweden, etc.

>>54220078
>in bongland gold is VAT exempt (as it has legal status as money)
Gold is VAT exempt because the government's cronies are hoarding it, you're thinking of capital gains tax exemption which also applies to silver coins.

>>54219130
>Bitcoin drops from 60k to 18k.
>pumps to 21k

Bitcoin to one million!!1!

>>54219560
Wrong.

>>54218539
Yes, it really depends on the Fed but it's almost guaranteed at this point.

>>54222544
>BTC was 1$
>Goes to 60K
>Goes to 15K

"Oh no it's dropped!"
"Anyway..."

>>54222343
Only if you private sale. Bullion dealers buy back at spot, while selling at the inflated values double the price.

>>54219560
I'm a Leaflandian and I talk about Silver. It has better profitability than gold.

>>54223438
>ouble the price
damn you need to look for a better bullion dealer asap

>>54223438
>Only if you private sale. Bullion dealers buy back at spot, while selling at the inflated values double the price.
No, they do pay more than spot.
Proof: https://www.gold.de/kaufen/silbermuenzen/american-eagle/?load=verkaufspreise#preise
Current 2023 Eagles can be sold for 28.65€ and bought for 27.89€. Spot is like 22€. That's a pretty tight spread.

>>54223957
as another mentioned, the bullion dealers here price in VAT, and with inflated prices of silver currently due to the disconnect between physical and paper silver, the price is roughly double spot price. It's the same with every dealer here, even with private sales listed on eBay.

>>54224009
Last time I tried (bongland) they offered me spot at the two main bullion dealers I tried. Might be different in Euroland though.

>>54224009
Sorry, I meant you can sell 2023 Eagles for 26.50€.

>>54224039
My guess is they were trying to rip you off. Or it was long ago before the silver squeeze thing. But at the time premium over spot was likely also much lower. Unless you bought in at the worst time like 2020 or when it was that spot hit $30.

>>54224107
I never had this problem with gold btw. They spreads are much lower. It's just silver seems to have diverged much more from the paper price than gold and dealers here are slow to match the "inflated" value.

Part of the problem may be that absolutely everyone wants Britannias because those are the only silver that are CGT exempt which means supply is much lower and they can drive the price up more. Nobody buys junk silver over here. Spreads on gold are still excellent though.

>>54218604
god thats fucking funny and based

>>54224186
Yeah, similar with ASEs in the US. This year's mintage is still cheap but end of last year they had like $10+ premium each. But if you were to have an unfortunate boating accident...

>>54219324
It's price per ounce.

In other words, in the fantasy where electricity turns off, you need to put half of the average Americans paycheck into buying a single ounce of gold, and somehow it's going to have value because it's shiny versus guns and bullets and capacitors and literally anything and everything else other than fucking GOLD LOL

>>54219533
>Why should I care about anyone else's investment?
so you can sell them your bags. Stonk 101.

>>54222544
>gold has been tamed by fedfags
>"holy shiit it's going to moon!"

>>54226075
>stonk
well im glad were just stacking pms here
no i wont sell them so dont ask
>>54226090
>tamed
kek. like they tamed herion and immigration? if the feds tried to "tame" it then it would certainly moon
maybe you should go back to your containment thread with the other kiddos ok champ

>>54226036
>need capacitor
>only have bullets
>roam the world searching for one person that has a capaciter and is willing to trade for my bullets
gosh if only there was some kind of medium that retained value

>>54220027
150 years of trading history, dollar has gone down 99.9% in value, gold has responded by going up 9000% in that time.

Since Bitcoin was created in 2009, less than 20 years ago, Bitcoin has gone up 3500000000%.

LOL

LMAO

>>54226398
>Since Bitcoin was created in 2009, less than 20 years ago, Bitcoin has gone up 3500000000%.
you can say the same exact thing for facebook stock and google stock fyi, doesn't really mean much.

>>54226398
right, you wouldnt wanna buy the undervalued asset when theres a tulip craze going on

>>54226415
No you can't lol

>>54226428
Gold isn't undervalued. Tulip mania lasted a few years.

The only thing that has increased in value more than Bitcoin ever was the trade of beads for New Jersey

>>54226454
>doesn't exist: value 0
>exists: value 1
HOLY SHIT 1000000000000000000000000000000000000000000000000% INCREASE

>>54226481
>Gold isn't undervalued
well you better not buy any then. nobody talking about it but boomers you wanna be where the actions at and everyone knows about it because thats how you recognize something is underva-
oh, wait...

>>54226671
Bitcoin started at $0.0008 USD in 2009. I'm sorry that you're a retard.

>>54226734
Nobody talks about gold because it sucks. LARPers coom over this pretend world where the $200 they spent on a tenth ounce of gold will have them being a warlord with a harem. Gold is literally the least liquid money out there, it's impossible to find at spot (what a retarded and outdated concept too holy shit hahhhahhahahah), you can't actually store it securely, and good luck doing anything with it in the real world. Yeah bro this guy mowed my lawn let me load him up with silver coins so he can get fucked at the pawn shop.

Literally not living in the real world with your fantasy.

>>54226906
>nobody
>it sucks
and thats not an indicator that its undervalued?
>least liquid money out there
you have heard of basel iii banking regulations that are being implemented globally right anon?
>impossible to find at spot
spot is the price of a deliverable futures contract for 100oz of gold. so you could whip out your 200000 usd and order up gold for spot price. so its not unlike anything else you buy, you just dont know the price so you can bitch about it or you fucking would because nobody deserves to earn a profit on buying a futures order of gold and then selling to you because youre so fucking special everyone else should work for free. typical kikery
>store it securely
dont live near niggers faggot i dont even know where the keys to my house are the doors have been unlocked for five years. safes exist also
>good luck doing anything
i have, i can, and i will continue to use it as currency. i have indeed paid for labor with silver coins but only because he begged me and hes my bro and i have 2k oz anyways
>fucked at the pawn shop
your life must be awful. ive only ever bought at a pawn shop.
gross

>>54219130
>Up 100 dollars since Friday
>Approaching ATH
>bitgoy still 50% below ATH and looking topped out
cope and seethe cryptocuck

>>54227280
Gold was 2000 years ago. Now it's reaching 2000 again. OMG AMAZING.

Bitcoin was 4k a few years ago. Now it's near 30k.

>>54227374
>30k
again

>a piece of paper saying you "own" gold in some jew's vault is worth 2k

>>54226197
go back to the camp, kike.