/biz/ - Business & Finance

[Anonymous No.14603573]

My fellow anons what we are witnessing todat is a crime in progress.

The BIG BANKS on Wall St. Are further going to suppress gold and silver prices with paper/electronic derivatives.

[Anonymous No.14603757]

>>14603573
i used to be angry at this fact, but now im delighted. their total success at naked shorting gold has produced a delusional belief that they are going to be able to do the same with btc.

this split focus and underestimation are the things that will save us.

[Anonymous No.14603777]

>>14603573
maybe they're doing us a favor. if these are a hedge against hyperinflation its good to get them cheap as possible

[Anonymous No.14603789]

Why be angry? They’re giving us free money

[Anonymous No.14603857]

>>14603573
i actually want gold prices to drop, just get comfy anon

[Anonymous No.14604729]

Yea, gives us more time to buy. I don't mind. The Gold / Silver play / hedge here is longer than most have patience for. Plus by giving us time we can actually use extra capital for assets / wealth producing investments. Slow and steady, stay the course.

[Anonymous No.14604841]

how could I be mad at a discount?

[Anonymous No.14605594]

oh no, cheap money

[Anonymous No.14606101]

>>14603777
>>14603857
>>14604729
>more time to buy
Yes but for us to profit, they actually have to stop manipulating the price at some point. What makes you think that'll actually happen on a timescale that's relevant to you?

[Anonymous No.14606208]

>>14606101
Their time is running out. Eventually the price will outpace the paper market.

[Anonymous No.14606255]

FUCK BOOMERS
FUCK DOOMERS
FUCK SCHIZOS
FUCK SHINY ROCKS

[Anonymous No.14606279]

>>14606255
>SMART CONTRACTS!!!!

[Anonymous No.14606344]

>>14603573
They can supress the price for a year as I get a good stack going then we rise up

[Anonymous No.14606396]

>>14606208
Not disagreeing here, but is there some evidence that this will happen any time soon?

[Anonymous No.14606411]

>>14603573
Silver will be under $10 again soon

[Anonymous No.14606920]

>>14606396
Hard to give an exact time frame but I believe it will happen in my lifetime.

[Anonymous No.14607383]

>>14606920
Well, I guess the time will be when governments have to decide between hyperinflation and defaulting on their debts.

[Anonymous No.14607455]

>>14603573
Yeah they have to otherwise the (((banksters))) would be shitting themselves as the value of fiat would be practically 0. Expect further (((paper))) manipulations of gold and silver and cryptofags better not think for a second the same won't be applied to them. The fiat musical chair game must keep going till the goys don't have a seat left

[Anonymous No.14607855]

>>14606101
>>14606208
>>14606344
>>14606396
>>14606920
>>14607383
Why do you think (((they))) will let gold/silver rise ever again? They're already rich, and to stay rich their best interest is to maintain the status quo. Keep the price down so everyone doesn't run away from USD.
They're the ones that need USD to remain the world reserve currency to maintain their power over the world. If it all comes crashing down, their quality of life drops too so they will keep the dog and pony show going as long as they have control.
>>14603757
This is good to keep in mind, it becomes much more difficult for them to control not only BTC but also every single altcoin and corpcoin that comes out. Although I fear they already have a strong foothold with their blockstream control, and that almost all alts follow BTC means that could be enough.
I still think they'll likely have to put a heavy amount of USD in to maintain that same kind of control on BTC's price.

[Anonymous No.14607858]

>>14606411
>Silver will be under $10 again soon
The last time silver was under $10 it shot up to $50 almost immediately after.

[Anonymous No.14607872]

>>14603573
I'll buy Silver at $5.00

No

Wait

I Won't

[Anonymous No.14607950]

Gold dropped today on the strong non farm payroll report dampening the likely hood that the fed will cut next meeting. Gold is manipulated, but this isn't manipulation today.

And I own 150oz of gold, just being real.

[Anonymous No.14607983]

>>14607855
The dollar is on it's death bed and the only thing propping it up is the petromarket. Banks aren't buying gold in record numbers for no reason.

[Anonymous No.14608021]

>>14603573
Rigged as fuck

Crypto is unironically less manipulated than the pm markets, also you're going to make more way more money than holding bags of silver kek

[Anonymous No.14608056]

>>14607983
The manipulated gold/silver market is propping up the dollar too, they won't just stop manipulation because it will crash society, which is their form of control. Doing that would be like shooting themselves in the foot.
It will happen eventually when things deteriorate far enough but it's too soon at this point.

[Anonymous No.14608070]

>>14607855
>Why do you think (((they))) will let gold/silver rise ever again?
Why do you think central banks are stocking up on gold as they're helping destroy our fiat currencies through endless printing? It would be naive to assume that they aren't at all aware of the consequences of their actions.

[Anonymous No.14608099]

>>14607983
>>14608056
Let’s see some material proving this manipulation

[Anonymous No.14608119]

>>14607855
>t becomes much more difficult for them to control not only BTC but also every single altcoin and corpcoin that comes out.
At some point there will be enough capitulation that it wont matter. Of course the Fed itself will always be "pro manipulation" but the lesser banks....Fidelity, Wells Fargo, etc will care more about potential profit from rising crypto profits than from AU/AG manipulation....
Cartels never hold ultimately as members get greedy.

[Anonymous No.14608151]

>>14606255
This

[Anonymous No.14608172]

>>14603573
>centrally suppresses the price forever
>this is a good thing
>BUY CHEAP

When are you boomlets ever gonna cash out if everyone on top of the food chain keeps it in their best interest to never let PMs breakout?

[Anonymous No.14608186]

>>14608070
A greater control of the supply makes it easier to manipulate. I do think a time will come when fiat is destroyed but it's too soon. Other countries have too large of gold supply for them to let it moon.
>>14608099
DYOR
>>14608119
Good points

[Anonymous No.14608202]

>>14603573
I literally just bought silver last night before the drop. Kill me now k thnx bye

[Anonymous No.14608366]

>>14608099
https://www.wsj.com/articles/merrill-lynch-commodities-to-pay-25-million-to-resolve-government-investigation-11561500428

[Anonymous No.14608395]

>>14606920
>banks bankrupt silver miners and then buy up the operation

This is literally the game plan with putting a bank routing network (LN) and 3rd party sidechains on BTC. Miners can't make ends meet because all transactions are taken off chain. Banks then swoop in and buy them out gaining complete control over the BTC network. Idiots who have never read the whitepaper or Satoshi or even thought about how Bitcoin actually works are completely fucking oblivious to this and it's the most frustrating thing I have ever experienced in my entire fucking life.

[Anonymous No.14608450]

>>14607455
It absolutely is applied to crypto >>14608395

These retards will defend the banks doing this to no end and call actual Bitcoin chains like BSV a scam. I'm honestly not sure about the future of crypto.

[Anonymous No.14608469]

>>14607855
Revolutions happen. Modern history teaches that at some point status quo cant be supported and institutes that can't keep up with technological progress become obsolete.

You can parry this with media control of the masses, typical consumer complacency and society of total control via digital tracking. True dat, but these things will slow the brewing but never stop it.

The main primer of any revolution is hunger. You can attract much more normies to your cause, if status quo means they have empty stomachs. That is why Russian commies deliberately destroyed grain transports.

The next revolution will be glorious. We have so many old and new tensions that are unresolved.
Individual vs collective is their main theme - old, but only getting stronger as tech progresses. You hate SJWs, but ultimately their ideology is about completely destroying the society and replacing it with independent individuals, which is why it appeals to so many. And which is why it is ridiculous to observe this ideology coexist with nation states.

We will see more and more individual centered ideologies to come as technology advances.

[Anonymous No.14608483]

>>14608172
Never on top of that the retards are not aware that pms buying places will take your data for capital taxes so even if they protect their wealth from inflation they will pay capital taxes for doing so.

[Anonymous No.14608555]

>>14603573
Can you explain the mechanics of how deravatives are used to suppress price?

[Anonymous No.14608614]

>>14608469
Even if contemporary bankers want to sustain status quo, they will fail eventually.
Crypto is a massive threat to them, but it needs masses willing to use it against them for it to become an immediate danger.

Their last hope is to control some of its implementations and hope ppl will not care who is in control.
But as soon as revolutionary ideologies make sure to point out the bad guys, bankers will scream in terror, since you cannot control the idea crypto is.

For example, currently there is stigma around not avoiding taxes. If many ppl accepted the mindset where tax evasion is a noble thing and would make sure noone in their circle paid taxes, they could form a standalone economy. Does it need to be BTC? Not at all. It can be some homebrew token, decentralized and controlled solely by free market conditions. Bankers know that and this is why they want everyone to care about BTC as if it is somehow special anf the only real crypto. They want you to buy the tale that crypto = btc, which they have so much leverage on.

Dont trust their lies. Crypto is just a concept. Everyone can now create their own currency. And one day ppl will be able to do that. That will be true crypto and the death of banking

[Anonymous No.14608647]

>>14608555
trips checked

Two ways:
(1) Naked shorting
Fundamentally 'naked shorting'...that is putting in sell orders without actually owning the thing you are shorting.

When you can print monopoly money at 0% interest, it really allows you the power to short things massively.

(2)Rehypothecation
Basically fraud...using your clients assets and claiming they are your assets. Nothing more really than just accounting tricks where one single assets exist at multiple spots at the same time...multiple owners all claiming to own a single physical good

[Anonymous No.14608759]

>>14603573
if bitcoin pumps to 100k,
Ether pumps to 10k.
Link pumps to 100$.
and LIT pumps to 30$
The banks are going to be in trouble.
/biz owns 20 mil linkies easily. Not counting bitcoin, ethereum, lition and other holdings, biz would get frequented by probably more than 10 billion dollars.
At that point we could just corner the silver market through decent /biz/ shilling and memeing.
https://en.wikipedia.org/wiki/Silver_Thursday

[Anonymous No.14608773]

>>14603573
who cares this is 2020 not 1820

[Anonymous No.14608806]

>>14608647
> 1
I think that is unlikely today after those bros who cornered the Ag market. Iirc, they were margin trading way above their means, which let them accumulate so much silver
> 2
Like in that Rogue Trader movie?
That is basically gambling with stolen money. That hardly gives you an edge, since you would not only need to somehow take clients money but also get many other ppl on board, keep it a secret from outsiders and meanwhile assure your client that his money is doing a ok.

[Anonymous No.14608824]

>>14608759
The "crash jpm morgan, buy physical silver" pumped it up past $40 for a few weeks....that was boomer tier meme effort though,, so i have much more hope with chinners

[Anonymous No.14608896]

>>14608806
>basically gambling with stolen money
No Rehypothecation is a term you agreed to in your brokerage / bank agreement. They had to invent this new strange word so ppl wouldnt feel afraid.
...they can use your assets as their own...so your assets can appear as their assets.

https://www.investopedia.com/terms/r/rehypothecation.asp

[Anonymous No.14608916]

>>14603573
since I am actively digging gold by hand I want gold to go as fucking high as humanly possible. However, I also at the same time would rather have it stay at where it is than go to some insane price like $4k or $5k an ounce because than I would be dealing with dozens of idiots stealing from my claims.

[Anonymous No.14609007]

>>14608773
what's old is new again

[Anonymous No.14609322]

>>14607855
>55
>much more difficult for them to control not only BTC but also every single altcoin and corpcoin that comes out.
checked, that is the point. NEVER disclose your wealth, never invest more than you can afford to lose and just hodl and swing unpredictably. That is how you fuck cartels

[Anonymous No.14609391]

>>14608395
Can you elaborate on this? I love this kind of stuff.

[Anonymous No.14609494]

>>14608896
I cant believe that is legal.

[Anonymous No.14609624]

>>14609391
Basically the way Bitcoin works is there is a block reward to subsidize miners to bootstrap the network. Each halving that reward is well halved. Meaning miners are suppose to make up the difference with transaction fees. The only way for this to happen is if Bitcoin scales and there is more and more transaction volume on the network. This isn't happening on BTC. They're taking transactions off chain so eventually it'll be unprofitable to mine and miners have to declare bankruptcy. Allowing for banks to pick up mining operations for pennies on the dollar and control the network.

Next halving drops the subsidy to 6 BTC. The average fee reward in a block is less than 1 BTC IIRC. Oh BSV for example a 1.6 GB block nets 28 BSV in fees for the miners. So even if the block subsidy drops to zero (and it will) miners are still incentivized to continue mining (secure) the network.

[Anonymous No.14609930]

>>14609494
>I cant believe that is legal.

[Anonymous No.14610150]

Here's some 1's and 0's based of a shiny rock that we promise is not manipulated at all

How can boomers accept this but not bitcoin?

[Anonymous No.14610197]

>>14609624
Thanks for the intelligent reply, I have some follow up questions.

1. Why are halvening's predicted to be bullish in this event? It seems to me that with a subsequent halvening in reward for miners predicts an escalating probability of a total freeze in the blockchain seems likely. In other words, value might momentarily increase from supply shock, but if mining becomes completely insolvent, transactions will lock up, and the entire blockchain will stall. If this happens, won't the price of BTC drop to zero considering no matter what the value is? If fungibility is zero, isn't the currency is worthless? Are there seriously no counters to this?

2. How would the banks solve this problem? It seems like it's hardwired into the code, unless they'd be willing to dump a massive amount of liquid cash into the system to jump start it.

3. Will the Lightning Network balance the scales by increasing transactions? Doesn't this seem like an incredibly brutish way of solving a fine equation?

Are you on a Discord or something? I'm really curious about some of these things.

[Anonymous No.14610344]

>>14610197
Pls keep the discussion here, I'm also interested.

[Anonymous No.14610497]

I find this thread funny. Knowing many players and each exerting their efforts to influence the market to do what that they can to make profit while trying to predict each players moves and influence. And someone is upset... It's like being upset when you are outside in the rain deliberately and you get wet.

[Anonymous No.14610603]

>>14603573
>any time i lose money its WALL STREETS FAULT! THEY ARE CRIMINALS!

[Anonymous No.14610655]

>>14610197
Halvings are bullish because of the supply shock as you said. People in BTC generally don't understand how Bitcoin works. All they understand is the price goes up and that's all they care to pay attention to. So, the halving will likely remain bullish until reality sets in and the network shits itself because there is no transaction volume to support the network (i.e. the miners). Also the price action is a catch 22 for BTC. If price rises them being left with less BTC in a reward is less of a problem seemingly, but as price rises more competition enters the market for less and less of a profitable pie. Whereas BSV (by the time of the next halving) will have unlimited blocksizes. Price rising means more competition, but much more of a pie. The end result being hash on BTC falling off and hash on BSV rising.

>How would the banks solve this problem
Could you reiterate? This isn't a problem with the Bitcoin protocol, it's a problem with communist devs on BTC. All BSV is doing is following the whitepaper and laissez faire with regard to blocksizes (miners pick the size blocks they want to mine, devs fuck off).

>Will the Lightning Network balance the scales by increasing transactions?
Lightning network is a bank routing network. Says so in the Lightning whitepaper. It is a complete poison pill. Lightning does not increase on chain transactional throughout. It does the opposite, it takes transactions off the chain. So if there were a million transactions per second happening on Lightning BTC would still collapse because none of those fees are going to miners. They'd be going to a Lightning hub (bank) which does literally nothing to secure the BTC network in any way shape or form.

I'm not on discord, fren. Sorry. Full on 4chan shit poster.

[Anonymous No.14610732]

Gold is going to $500/oz easiest short in the entire market

Such a worthless boomer doomer asset

[Anonymous No.14610734]

>>14610655
Also if it wasn't clear, when I'm talking about BSV having more of a pie for the miners I don't mean more BSV is created. BSV has the same halving schedule as BTC. It's just that BSV will have so much transaction volume that miners will continue to get paid by the fees on the network despite the block subsidy and fees on BSV are about a tenth of a penny for a normal transaction.

[Anonymous No.14610765]

>>14610732
>Gold is going to $500/oz

[Anonymous No.14610795]

>>14603777
amen, also checked

[Anonymous No.14610882]

I keep hearing ads on the radio about buying gold/silver that I never heard before. Its odd. Why buy gold when I can buy crypto. Dumb boomers.

[Anonymous No.14610922]

>>14610655
Again, thanks for this information, this is good stuff.

Okay, so to review, BTC is dead in the water - if not in this halvening, then the next. It's dead because if miners don't get paid, they don't process transactions, and if transactions don't get processed, then the entire blockchain stalls. The proposed solutions don't work because,

1. If the price elevates to $100,000, more miners enter the pool, take more of the pie and competition gets too high to turn a profit, and conversely, if the price drops due to lack of interest, it could cause a death spiral where slower transactions = less interest = lower price = slower transactions, until the entire network freezes, and everyone panic sells BTC down to $0.

2. Lightning Network has the dual problem of centralization and the above mentioned BTC death spiral. If the network goes to Lightning, then it's effectively laid the groundwork to become its own banking system, and the banks will simply co-opt the whole system for themselves, defeating the entire point of BTC.

Okay, I understand now. So what is the solution to this? How long will BTC remain fungible before a total network freeze, or before banks/lightning swoops in a fucks up the system? You sound positive on BSV, but will it have the name recognition to gain mainstream traction?

[Anonymous No.14610951]

>buying shiny stones
cringe.

[Anonymous No.14610953]

>>14610882
>Why buy gold when I can buy crypto.

[Anonymous No.14611089]

>>14610922
I forgot my bank question. So if I were BoA, and BTC is limping along with Lightning, couldn't I just step in and buy up a ton of server farms in America, and possibly China? After I own 51% of the deal, can't I just clandestinely change the spirit of BTC to whatever I want? Maybe people like you would see that at that point, BTC would simply be another fiat currency, but normies wouldn't. This is the danger, correct?

[Anonymous No.14611146]

>>14603757
This, also i get to accumulate more

[Anonymous No.14611272]

>>14610922
The solution to the BTC question is BSV. BSV isn't doing anything special either. They're literally just following the whitepaper. That's all these fucks at Core and Blockstream had to do. Bitcoin works.

They may have had ulterior motives for making BTC a complete shitcoin. If you look at the funding for Blockstream you find it comes from AXA which is a member of bilderberg. The banks wanted these changes imo. The worst part is these devs can't do this stuff unilaterally, these changes had to be accepted by the miners. I don't believe the miners had ill intent, I think they were fooled in going along with Core's decisions. You gotta remember before this stuff started coming to a head in 2017 Bitcoiners were living in lalaland. We believed we were untouchable and Bitcoin uncorruptible, we had already won the game against the bankers so any thing a Dev team suggests is purely in the interest of Bitcoin and nothing more. How fucking wrong we were.

As for the future of crypto I'm pretty blackpilled. All these shitcoins you see wouldn't even exist (for the most part) if Bitcoin had been left the fuck alone and scaled. So can BSV save us all? I fucking hope so, I certainly have a large bag, but this is going to be a long and hard fight and we could lose still. All of this has caused me to take a small position in PMs because I'm so unsure of how this will go down.

[Anonymous No.14611312]

>>14606101
>>14606208

problem is one night you will goto bed and gold is 1350 and wake up to gold being 5000 an ounce then later in the day when youre getting dinner it will be 8500 an ounce.

suppressing gold is like putting your finger into a dam, the price still leaks out but due to the weak points cracks start to appear and more leaks start popping up.

everyone should aim to hold at least 10 ounces of gold and 500 to 1000 ounces of silver. bury that shit deep deep in your backyard or in the woods somewhere and forget about it.

[Anonymous No.14611368]

>>14611089
That's the whole point. Mining becomes unprofitable and banks can buy them out. Remember banks are going to be the ones earning fees on Lightning, so they'll be in a position to buy mining farms that are unprofitable while still staying the black with their Lightning hubs. Now they control the entire network.

[Anonymous No.14611426]

>>14611272
It's all very interesting and I wouldn't be at all surprised about your prediction with the banks and Bilderberg situation. Everyone talks about institutional money, and I do believe it'll come in, just not in the way anyone is predicting. The banks and major interests would never invest in something that could undermine their foundation unless they controlled it in some fundamental way.

While I have you, do you have any predictions about the DJIA? It's been at peak levels for much longer than I've expected, and even I've pulled my fairly paltry 401k into bonds and treasuries predicting a major crash sometime this year. Any thoughts?

[Anonymous No.14611533]

>>14611426
I'm in crypto for much of the same reason people are in PMs. I don't have much faith in stocks and indexes in the future. We're kinda in a clown world where people are putting money into stocks to beat inflation instead of PMs or crypto. But I think that'll change as we get closer and closer to the inevitable collapse of the dollar.

[Anonymous No.14611682]

>>14611533
Yeah, I know what you mean. I feel like we're right on the cusp of something big happening. I'm hoping I can just eke by with my job to make enough money to buy some property and become relatively self-sufficient in a remote area with my girlfriend. I think we're about to hit a wall, especially with the way interest rates have been down for way too long. There's about a dozen critical factor items in the economy I've identified that have no viable, political solution that will tank us eventually.

It's like Americans complaining about stagnant wages, or CoL. Well, it's not political, it's because Clinton detonated a free trade atom bomb in the 90s, which while initially fruitful (look at the surplus in his administration), means American workers are now competing with Chinese slaves and Pajeets making $0.25/hour. The blackpill is we're in the midst of a global, economic correction where American wages are equalizing with worldwide wages, which are dirt cheap. It stands to reason - with 7 billion of us, the cost of human lives are virtually fucking zero. This is just one area where we're in a death spiral. There are several more.

[Anonymous No.14611733]

>>14611682
It's pretty bad, fampai. Doing what I can, but I'm far from prepared enough. Starting to get some PMs, but what I really need are some more happening supplies. Thinking about getting a year supply of food and a lot more bullets.

[Anonymous No.14611758]

you faggots will be buying the shiny rock dip for the next 70 years

[Anonymous No.14611783]

>>14608469
>You hate SJWs, but ultimately their ideology is about completely destroying the society and replacing it with independent individuals

fundamentally false. the far left conflates group identity with politics, what you are describing is unironically right-libertarian.

[Anonymous No.14611838]

>>14611733
Yep, same. Pic related, it's the kind of setup I want to have in my back pocket when this shit really goes down.

PS - What do you mean by PMs?

[Anonymous No.14611862]

>>14611838
Precious metals. Silver and gold.

[Anonymous No.14611971]

>>14611862
Ah, yep. I see literally no disadvantage to stocking up on silver or gold. I'm trying to get at least $20k in silver eventually, but I have so many other things on my plate - 401k, IRA, crypto, real estate, liquid for emergencies... It's safe to say you almost need a cool million just to be on even footing in America these days, but whatever. We do what we can.

Best of luck and godspeed, I unironically hope you make it, anon.

[Anonymous No.14612071]

>>14606411
Watch me buy a monster box of ASE if that happens

[Anonymous No.14612073]

>>14611971
Same to you, anon. We're all going to make it

[Anonymous No.14612187]

>>14603573
Gold is currently ATH in Australia, leading to increased production which in turn, I imagine, drops the price.

[Anonymous No.14612203]

>>14610655
Are there any issues that arise from unlimited block sizes?

[Anonymous No.14612291]

>>14611733
Don't forget water purification equipment. Seeds and basic hand tools for farming + the knowledge to use them are a great investment too.

[Anonymous No.14612431]

>>14612203
Of course. That's why miners have to invest in the best tech they can get their hands on and compete. That means the latest mining hardware, the cheapest electricity, the fastest internet, etc. It's called Proof of Work for a very good reason. Mining operations are multi million dollar ventures. The days of propagating blocks from your laptop have long since passed. It takes professionalism to do this kind of stuff. Doesn't mean you can't still join a mining pool as a hobbyist though, just don't expect much profit if any.

>>14612291
Good point, especially on the skill set which I'm lacking desu.

[Anonymous No.14612552]

>>14612291
>water purification equipment
not saying its wrong to get that but i dont think we will ever get to that point

[Anonymous No.14612653]

>>14612291
>>14612552
Gotta agree with this guy. My family emigrated from the Balkans to America. It's very difficult to describe to people what collapse actually looks like. It doesn't become like Mad Max overnight (if ever). The best word I have for it is anemia. Somehow everything just becomes emptier, grayer. Yes there's violence, and there is some competition for natural resources, but it's not all out anarchy.

If you live in the South-West maybe it'll be different, being so dry, but I don't know. I just think an American collapse will be very different from the way /k/ or /pol/ thinks it will be.

[Anonymous No.14612740]

>>14612653
Are you familiar with the game "this war of mine"? IIRC it's based off the conflicts that occured in the Balkans. People said it captured the desperation of being a civilian during a civil war pretty well, but was kinda off on the anarchy. People banded together far more than they looted and pillaged each other.

[Anonymous No.14612949]

>>14612740
Yeah, it's a good one. Survivalists in general I think neglect the importance of community and knowing your neighbors. There's some of the anarchy too of course, but people think it's going to be an extended game of PUBG, when in reality, it'll be closer to This War of Mine (although even that is a little too focused on conflict). I certainly have nothing against owning firearms and ammunition, I own several myself, but you'll be much better served by legally owning property, having a vegetable garden, stocking up on medicine (especially antibiotics), silver and establishing yourself in your community / knowing your neighbors.

[Anonymous No.14612964]

>>14612653
may i ask as someone from the balkans do you find similarities ( if so what ) to pre-balkanization Yugoslavia to what is happening to America currently right now?

[Anonymous No.14613313]

>>14612964
I'll be honest with you, I'm 50/50 on the possibility of a balkanization of the United States. My grandfather on my American side was a sociologist and believed that all conflict originated from scarcity of natural resources, but I disagree. Yugoslavia is a good counter-example of that. I feel like the schism in America is getting to that point, but we need a catalyst, and I'm not entirely sure what it'll be. I thought if someone actually died in these protests, that would be it, but James Fields did that in Charlottesville, and here we still are.

You're not going to like it, but I think it's going to get worse. White Americans are in a double bind, because if they allow themselves to become an even smaller part of the population, I think the other races eventually will smell blood, and we'll see the first ever white genocide. People like Varg argue we're already being genocided, but I disagree. I think the real genocide has yet to materialize - I mean it in the literal sense of the word. The problem is, whites are basically paralyzed until it does happen. That's the other side of the catch-22 - that white people can't organize based on ethnicity until it happens. Average white Americans are simply too vulnerable to being compared to Nazis to adopt a tribal identity (that every other race and social group in America already has). We're playing on an uneven field.

I think it would be naive not to say that some day soon, white people will be targeted on the basis of race. And when it does, white people will finally pull together as one bloc, but there will be much blood shed before then. So to answer your question, I believe balkanization will happen in the United States. Not sure when, or how, but I believe it is more likely than not.

[Anonymous No.14613352]

>>14603573
>you can't get more crypto but you can molecularly print out more gold or silver using molecular displacement oscillation technology

why are you still holding onto old world assets

[Anonymous No.14613412]

>>14612431
Just start small. There's very little skill and work involved in growing a few crop plants, just to get a good understanding of the basics. YT videos will give you detailed instruction of pretty much every detail from a variety of experienced gardeners and farmers.

>>14612653
I think the biggest danger in terms of collapse is that there'll suddenly not be enough food to go around. The more you look at how our agricultural system works, the more you start to understand how fundamentally vulnerable and unsustainable it really is. But you're probably right about it being a gradual process.

[Anonymous No.14613442]

>>14613313
Whites have been completely neutered. Even when we do act in self interest all we get is Trump. Who has managed to alienate everyone who voted for him by doing fuck all about immigration (infact it's worse now), pulling us into more petrodollar/die for Israel wars and infringing on gun ownership. Idk even know if I'm going to vote 2020. What's the fucking point?

We really do need some kind of catalyst because this shit isn't sustainable. Whites having their countries invaded and taxed to death to feed and shelter these fucking Invaders. It's fucking maddening!

I'm at least happy crypto started to take off again to take my focus off this stuff. Otherwise I'd just be dark wojak posting on /pol/.

[Anonymous No.14613460]

>>14613313
>believed that all conflict originated from scarcity of natural resources
Well, the majority of conflicts are related to that. It's also a world we're headed into when you consider things like peak oil and the peaks of various metals and minerals.

[Anonymous No.14613479]

>>14613352
>molecular displacement oscillation technology

[Anonymous No.14613594]

>>14613412
Agreed. Monoculture is another key factor I've identified that will devastate us. It relies on the key principle that it must keep going, and if it stalls, we'll all be very much fucked.

>>14613442
Oh yeah. I am thankful for what the 2016 election taught me though, and Obama for that matter. Reading history also helps too. The longer a state exists, the more likely a people are to be caught in the inertia and gears of history. Like I said up above, many of the critical problems we now face are beyond the scope of viable, political solutions. I honestly couldn't stop laughing when I watched the Democratic debates because of how far beyond the realm of possibility the candidates proposals were, even if they mattered (they don't) or were moral (largely speaking, they aren't). Bread and circuses.

>>14613460
Yep, certainly that is a factor in it, but I feel like it's more of a symptom of deeper issues within a society and mismanagement than necessarily a major contributor toward collapse. If you look at wartime states such as WW2 Germany near the end, the volk never really expressed distaste toward the state, even after the war when fear of reprisal was gone, despite objectively horrendous conditions because of such an overriding sense of unity that the government gave its citizens.

I think economic issues add a multiplication factor to the volatility of a state, but that the axiomatic nature of social conflict needs to be in place before it'll actually affect anything. Just my opinion.

[Anonymous No.14613890]

>>14613594
I haven't even been paying attention to the stuff since April (when crypto took off). I should have a watch though. Honk honk

[Anonymous No.14613929]

>>14613479
kek, caveboy detected

stay in 1989 npc

[Anonymous No.14614258]

>>14613929
keep pretending to be a scientist zoomer

[Anonymous No.14614265]

>>14603573
Gold and silver are basically physical cryptocurrencies, I dont know why /biz/ hates them other than "muh boomer" shit.

[Anonymous No.14614275]

>>14613352
Are you fucking retarded?

[Anonymous No.14614301]

>>14614265
the funny part is boomers don't even own gold and silver, they own stocks and bonds

[Anonymous No.14614357]

>>14614301
Bonds are easily the worst asset you can buy today, Stocks are smart only if you know what you're doing.

[Anonymous No.14614437]

>>14614357
Most of them just own them due to 401k's and mutual funds.

[Anonymous No.14614469]

>>14614437
>Mfw over half of boomer will rely on social security

[Anonymous No.14614499]

>>14610732

[Anonymous No.14614539]

>>14610732
>Gold is worthless goy, let me control your supply of money instead

[Anonymous No.14614571]

>>14614301
This. The irony of all these zoomer faggots crying out “Muh boomer metals” is that the people buying metals are banks and millennials who have read and understand history. Boomers almost all exclusively own stocks and some bonds

[Anonymous No.14615101]

>>14613460
>believed that all conflict originated from scarcity of natural resources

well there are different kinds of scarcity...
but one that comes to mind is inflation based scarcity or scarcity brought on by a systemic failure of maintenance through the decay of infrastructure/productivity, basically the shit that is happening to south africa/venezuela right now, they have power cuts even with nuclear power plants or massive oil reserves.

personally i believe it will be slow decay, people will scratch their heads and wonder how come shit is getting worse while talking about how we need to have more alphabets to the LGBTX groupings and how black bond wasnt enough we now need a transgender furry bond. At that point people will start mentally and physically checking out of America, via drugs or just taking a plane fight and not coming back which i do think what will happen is an exit visa to leave America.

the people who have 500 to 1000 ounces of silver and the equiv in gold will be set as long as they are able to smuggle it out of the country that is. Im willing to bet the wealthy families have a couple hundred to 1000s of ounces of gold in their own personal vaults.And the guys who have crypto, foreign and asian and multinational stocks will be super set.

Honestly i dont see how America recovers and stays intact from this.
Bitcoin 200k and gold 10 to 50k will be a thing and as i said people will blame everything except what is happening in their very own eyes.

Ive even bought property in another country,just a small condo but enough to enjoy with a view as the world burns around me

[Anonymous No.14615541]

>>14614571
Why not property then

[Anonymous No.14615640]

>>14615101
And thank me later

https://imgur.com/3PRCUsq

[Anonymous No.14615755]

>>14615541
bubble

[Anonymous No.14615889]

>>14603757
>naked shorting
unbelievable that its still legal

on a side note i scored a random year tube of ASEs for 355 but the guy shipped them like a nigger and they opened up in the box. only good thing to happen was none of the coins were damaged id say and the year was 2010

[Anonymous No.14616020]

Yea the big banks suppress and control the price of PMs, until they can’t....

https://finance.yahoo.com/news/30-treasury-bonds-flash-economic-180737839.html

We are facing a global recession, China will implode, FAANG stocks will be decimated and we will face the consequences of trillions of global QE and kicking the can down the road from 2008.
The price of PM’s will skyrocket. Look back to 2008 there was a pullback in PMs just before the bull run. We are here. Gold could touch $1000, and silver under $10 and oz as the final blast of QE by the Fed takes the Dow and SP500 to ATH. This is the last time to accumulate PMs.
During the boom times, mining companies mine a shit ton of resources. A lot of the silver that is currently mined is a byproduct of that, which in turns suppresses silver more so than gold. When those mining companies scale back and reduce output due to less demand in a recession, silver breaks out.
During recessions, you have to look for the intelligent stock picks. Passive Index funds which has been an easy win the last decade will not so be the case. People drink, gamble, smoke and have sex. Governments start spending money on infrastructure overhauls. Hint look at these areas now (e.g. telecommunications, agriculture, military, green energy, transport) all these have big companies that pay big dividends but are at lows as they’re currently out of favour to the FAANGs. The key to investing is accumulate before the masses and not follow the herd.

[Anonymous No.14616287]

>>14616020
S&p just did ath

[Anonymous No.14616294]

>>14616287
just like in weimar

[Anonymous No.14616396]

>>14616020
And thank me later

https://imgur.com/G7uEkxF

[Anonymous No.14616584]

>>14616396
Shoe pajeet

[Anonymous No.14616624]

>>14606101
Once traders start requesting physical delivery of gold it will happen,

Also would be nice if the CFTC actually did it's job.

[Anonymous No.14616630]

>>14603573
I'm not a gold bug but you can't deny the store of value of gold/ silver
BUT, ONLY IF YOU HAVE IT PHYSICALLY
some fucking title or certificate is 10000% fabricated shit printed out of thin air

[Anonymous No.14616648]

>>14606255
>>14606279
CIA FALSE FLAGGING TRYING TO MAKE PRECIOUS METALS VS CRYPTO DIVERSION TACTICS SO WE FUD EACH OTHER
DON'T LET GLOWNIGGERS AND KIKES SPREAD FUD AND FAKE FLAMEWARS BETWEEN FORMS OF REAL MONEY

FUCK CIA
FUCK BANKS
FUCK KIKES
FUCK THIRD PARTIES
FUCK BIG GOVERNMENT
FUCK TAXES
FUCK FIAT

[Anonymous No.14617373]

>>14616648

[Anonymous No.14617848]

>>14603573
So? Keep buying at cheap prices.

They're giving you an unbelievable discount while they try and maintain faith in the dollar which is going to collapse whether they like it or not which will skyrocket the prices of gold and silver
How does this not make you happy?

[Anonymous No.14617910]

>>14616294
You know what that means.

[Anonymous No.14617947]

>>14617848
Because the collapse won’t be in our lifetimes

[Anonymous No.14617955]

>>14617910
the future is ours

[Anonymous No.14617976]

>>14608614
You grossly do not understand modern political dynamics.

[Anonymous No.14617986]

>>14617955

[Anonymous No.14618256]

>>14617947
Yeah if you kill yourself in the next couple of years

[Anonymous No.14619087]

>>14608469
please. you know the Renaissance? you know the one event where the people actually fucking rose up? it took like 30 years of fucking famine to get that far that even the military could no longer suppress the population.

[Anonymous No.14619656]

>>14619087
we're already on the verge of collapse, the only reason we haven't yet is because the dollar gets stronger as other countries collapse

[Anonymous No.14619812]

>>14619656
The collapse is an economic hypothermia

The small, outlying provinces must collapse first, creating a domino line of refugees fleeing toward the capital metropolis.

By the time hordes of refugees overrun the capital city, the collapaw hits the imperial center - like a shock wave rippling out from the epicenter of an earthquake

[Anonymous No.14619855]

>>14619656
everyone has food and a roof for the most part. even if we lose all jobs there wont be a collapse until your family actually starts dying from hunger

[Anonymous No.14619871]

>>14619812
>The small, outlying provinces must collapse first,
those can become self sufficient farms and will likely collapse last.
it will be a normal shock wave starting at the big city's that wont have food or water.

[Anonümous No.14620726]

>>14609494
That's the standard....

[Anonymous No.14621838]

This is a quality thread
Good job frens
Fuck the federal Jewish reserve