/biz/ - Business & Finance

>>56027665

> Usually when bond prices go down, gold price go down also, because bond pays face value at maturity unlike gold which always pays face value.

*Usually when bond prices go down, gold price go down also, because bond pays face value at maturity unlike gold

And yet nothing is happening. Wagies still waging, minorities still minoriting, Jews still jewing

The world has just become more cucked. It hasn’t reverted. If it did 99% would be living in sheds and there would be global famine

Can't eat gold any more than you can eat BTC.
Can't load a gun with it.
Can't build a shelter out of it.
It has no place in the wastelands of the future.

>>56028275
It's got a place in the vaults of the people who will brainwash the populace into the next currency system.

>>56028275

Can't eat USD either nor any other government currency

I guess money should have a warning on it saying:
> Don't Eat. Keep out of reach of children

Because so many people are trying to eat money.

>>56028261
>If it did 99% would be living in sheds and there would be global famine
I'm working on it okay? Sheesh can't catch a break ever since I left hell

>>56028275
The only wasteland is your brain, bro.

>>56028275

>>56027665
reddit spaced; didn't read

>>56028857

Thanks for the bump, more people will have seen it.

>>56028275
No counter-party risk making it very good collateral in a world where no-one trusts no-one for lending purposes.
Liquidity is necessary to build business and to be able to take out loans for productive asset development.
Imagine a world where easy lending is over, assets will correct and the only people able to buy up cheap assets without having to pay in-full will be the people that can provide collateral for their loans they will be taking out. Now what has been traditionally used for that collateral I wonder? I can't seem to think about it, I wonder, let me look back in history, ahh yes, it has been beans and ammo, no wait! It has been bitcoin and ethereum! no wait, it has been cows and milk and honey! no wait, it has been..... I think I have mocked you enough for you to get the point I am making.

>>56028398
>>56028530
>>56028560
>>56028743
>>56028904
>buttblasted shiny rock holders
You're no safer than anyone else.

>>56029258
you are so terrified without your government its not even funny. Watching you bootlickers become debilitated from the thought of not being told what to do and having to live off the land by yourselves is exactly why this needs to happen.

>>56028275
Fun fact, throughout the 14 and 15th centuries, people were making goblets, plates and cutlery out of gold. Why? Not because they were bourgeoisie bastards; but because they would be buying goblets, plates and cutlery made from non-precious metals... With their precious metals. It made financial sense, and the gold wasn't ruined in the process. In fact, often, these golden goods would sell at a markup over the raw gold itself.

>>56029963
I've read this post 3 times and still I'm afraid I don't see your point.

>>56028261
Free speech doesn't exist outside this site. That is why. That is the first amendment is protecting freedom to speak. Adl fighting musk right fucking now. It's always been data and info sharing, always the priority, especially for insider trading like in Congress.

>>56028904
using some big words there for someone who does not understand the financial system

>>56028275
Ascension of real money is the opposite of collapse, statist fool.

>>56028275
>Can't load a gun with it.
>Can't build a shelter out of it.
WRONG

>>56028904
>it has been beans
Unironically it has historically been grain, but it will be BTC in the future, BTC solves money, people call it "digital gold" but even gold relied on trust in the sovereign that the coinage was of the correct purity & weight, and after redemption based gold-scrip gained traction was entirely trust-based. BTC on the other hand is truly trustless, the alpha and omega, the first trustless money the world has ever known, and as such, the last money the world will ever need.

>>56029258
>what's diversifying the portfolio
>he hasn't at least 5% in shiny rock

>>56029845
What is a Global Economy, Alex?